Proceedings of the International Conference on Advance Research in Social and Economic Science (ICARSE 2022)
Session: Economic and Business
29 articles
Proceedings Article
Tax Knowledge, Not Motivation, Determines Compliance: Study of Women-Owned Batik SMEs
Indra Kusumawardhani, Afni Sirait, Sri Luna Murdianingrum
This study focuses on the individual predispositions of women entrepreneurs in the weaving and batik sector and their impact on business management. The research also examines the influence of tax regulations and tax knowledge on taxpayer compliance, specifically in relation to the Harmonization of Tax...
Proceedings Article
Breaking the Raw Material Bottleneck: How SWARA-ARAS Method Streamlined Production for PT. Adi Satria Abadi
Tri Wahyuningsih, Agus Ristono, Ahmad Muhsin, Puji Handayani Kasih, Juine Rosalina
This study aimed to solve the raw material management problem faced by PT. Adi Satria Abadi, a company that produces sheep and goat pikel. Although the company could meet its raw material needs from various suppliers, the quality of the raw materials did not always match the criteria. This resulted in...
Proceedings Article
Decentralization Promotes Sustainable Solar Energy: Case Study in Indonesia’s Remote Hamlets
Nikolaus Loy, Iva Rachmawati, Meike Lusye Karolus
This article aims to investigate the role of decentralization in promoting the sustainability of renewable energy, specifically solar power, at the local level in Indonesia. The study uses a case study approach by examining four traditional hamlets in Ngada Regency, East Nusa Tenggara, where solar power...
Proceedings Article
Breaking Down Consumer Preferences: What Drives the Millennial Generation’s Choices in Batik Clothing?
Eny Endah Pujiastuti, Humam Santosa Utomo, Suratna, Sigit Haryono
This study aimed to identify the key attributes that influence millennial consumers’ preferences in selecting batik clothing. The study was conducted in Sleman, Yogyakarta, and involved 100 respondents between the ages of 18–25. The research was conducted in three stages, including focus group discussions...
Proceedings Article
Accounting for Community Welfare: Uncovering the Limitations of BUMDes Governance in Indonesia
Sriyono, Adi Soeprapto, Simon Pulung Nugroho
This study examines the governance of BUMDes (village-owned enterprises) in Indonesia and its impact on community welfare. The study uses content analysis and descriptive qualitative methods to analyze data obtained from focus group discussions and village and BUMDes documents. The results reveal that...
Proceedings Article
Uncovering Coal Price Volatility: Comparing Parameter Estimation Approaches for Mean Reversion Modeling
Muhammad Adam Gana, Eko Wicaksono, Shofa Rijalul Haq, Aldin Ardian
This scientific article examines the modeling of coal price volatility using a mean reversion model (MRM) and compares the performance of different parameter estimation approaches. The aim of the study is to identify which parameter estimation approach is best suited for modeling the volatility of coal...
Proceedings Article
Green Practices Boost Organizational Commitment in Farmer Groups
Arief Subyantoro, Khoirul Hikmah, Dwi Aulia Puspitaningrum, Rifqi Syarif Nasrulloh
This study investigates how “Green Recruitment & Selection” and “Green Training” affect the organizational commitment of farmer groups, which are expected to drive economic activities for rural communities. The research employs multiple regression analysis and uses simple random sampling to collect...
Proceedings Article
Prioritizing IT Services for Organizational Development: A Strategic Approach
Dian Indri Purnamasari, Asep Saepudin, Riza Prapascatama Agusdin, Vynska Amalia Permadi
This research focuses on the Information Technology Infrastructure Library V3 (ITIL V3) and its Service Strategy stage, specifically on the IT Service Portfolio. The main aim is to establish the organization’s strategic plans for information technology and systems through four key processes: strategy...
Proceedings Article
Social Media Branding: Driving Economic Growth in Singapore’s Creative City Movement
Prayudi, Kartika Ayu Ardhanariswari, Ninik Probosari, Dias Regian Pingkan
This study examines the use of social media to brand Singapore as a creative city of design, which is capable of promoting regional economic growth and fostering an exciting urban environment. Using qualitative research, this study accurately describes the facts and characteristics of Singapore‘s efforts...
Proceedings Article
Digital Marketing and Innovation Boost Marketing Performance in Small Food Processing Enterprises
Humam Santosa Utomo, Hendro Widjanarko, Susanta, Suratna
When consumers rely on online product information, digital marketing becomes increasingly necessary. Businesses must strengthen their digital marketing capabilities. This study seeks to investigate and explain the impact of digital marketing capability and innovation capability on the marketing performance...
Proceedings Article
Association of Audit Committee Accounting and Finance Expertise with Earnings Quality
Marita, Sri Astuti, Indah Kartika Sandhi
This study aimed to investigate the relationship between audit committee accounting and finance expertise and earnings quality, with a focus on examining the impact of complexity and industry on this relationship. The study utilized multiple linear regression and control variables, such as the amount...
Proceedings Article
Super Smart SMEs: How Emotional Intelligence Drives Entrepreneurial Success in Sleman
Marita, Sri Astuti, Rifki Indra Perwira, Sabihaini
This study aimed to identify and analyze the entrepreneurial skills of small and medium-sized enterprises (SMEs) in Sleman, particularly in dealing with the Super Smart Society 5.0 era. The study used an instrument developed by the WEF in 2019 to evaluate ten skill criteria. Data from 70 respondents...
Proceedings Article
The Cost of Carbon: How Emissions and Energy Consumption Impede Indonesia’s Economic Growth
Sri Rahayu Budi Hastuti, Didit Welly Udjianto, Asih Sriwinarti, Rias Wenerda
This article aims to analyze the impact of carbon emissions, energy consumption, the financial sector, and economic openness on economic growth in Indonesia from 1990 to 2019. The study uses regression analysis to examine the relationship between these variables and economic growth. The results suggest...
Proceedings Article
Fintech: Unlocking the Potential of MSMEs in Indonesia’s Digital Era
Sri Kussujaniyatun, Sujatmika, Dwi Harilaksana
This article aims to investigate the role of financial technology (Fintech) in increasing the number of cooperative members in the digital era. The study is conducted using descriptive qualitative research, where secondary data from various sources such as books, websites, social media, and government...
Proceedings Article
Transforming Stone and Marble Waste into High-Value Handicrafts: Boosting Economic Growth in Lemahdadi, Indonesia
Sujatmika Harsa Pawignya, Emmy Nurhariat, Anis Siti Hartati
This study aims to boost the economy and promote development in the Lemahdadi region of Bantul, Indonesia by utilizing local wisdom to enhance the competitiveness of the creative industry, particularly in producing high-value handicrafts using stone and marble waste. The high demand for these products...
Proceedings Article
Cutting Costs and Improving Image: Optimal Packaging Carton Inventory Control for Hospital Equipment Industry
Laila Nafisah, Puryani, Apriani Soepardi, Mochammad Chaeron
The Indonesian hospital equipment industry, PT MAK, has the potential to contribute to the health sector and national economy. One of the strategies to achieve this is ensuring availability of products that customers want. However, the lack of packaging cartons often results in physical damage to products...
Proceedings Article
Weaving Collaboratively for Competitiveness: Revitalizing Sumbawa’s Weaving Industry
Ninik Probosari, Andi Kusmayadi, Ari Wijayani, Kartika Ayu Ardhanariswari, Ilham Ramadan Pandu Setia Negara Siregar, Ari Okta Viyani
This study focuses on developing the weaving industry in Sumbawa Regency using the One Village, One Product (OVOP) approach. The aim is to identify and address the weaknesses in the association of weaving craftsmen, the people’s weaving trade system, production facilities and infrastructure, and capital...
Proceedings Article
Are Young Investors Leading the Herd? A Study on How Age Impacts Herding Behavior During Economic Crises
Rini Dwi Astuti, Sri Isworo Ediningsih, Akhmad Syari’udin, C. Ambar Pujiharjanto
This study aimed to investigate how different characteristics of investors, such as their gender, generation, and proportion of income invested in stocks, affect their decision-making and herding behavior during an economic crisis. Using an Ordered Logit Model, the study found that these factors do indeed...
Proceedings Article
Unleashing Innovation: The Power of Knowledge Management for Business Model Transformation in SMEs
Abdul Ghofar, M. Irhas Effendi, Suwardi, Windy Anindya Pamuji
The purpose of this research is to investigate the impact of a firm’s external and internal knowledge management capabilities on its ability to innovate its business model. The study examines whether these effects depend on the firm’s orientation to risk-taking. The research involved an analysis of a...
Proceedings Article
Revitalizing Traditional Markets: The Power of Digital Branding
Didit Welly Udjianto, Hani Subagio, Hari Prapcoyo, Ilyasin Aditya Rahman
This article discusses the importance of traditional market branding management for maintaining sustainability, with a focus on Niten Market as a successful example. The goal of traditional market branding management is to increase awareness, expand buyer loyalty, attract new buyers, and enhance competitiveness....
Proceedings Article
Shared Responsibility System Fails: Group Loans Have Higher Credit Risk in Microfinance Institutions
Akhmad Syari’udin, Rini Dwi Astuti, Sri Dwi Ari Ambarwati, Dyah Ayu Irawati, Thala Nugra Muharam
This study aimed to examine the credit risk in microfinance institutions in Gunungkidul Regency, considering both internal and external factors that may affect the repayment ability of borrowers. The study used the Ordered Logit Model analysis to investigate the relationship between credit risk and loan...
Proceedings Article
Ownership and Size Drive Integrated Reporting in Indonesian Listed Companies
Zuhrohtun, Indah Kartika Sandhi, Gita Astyka Rahmanda
This research aims to identify the factors that influence integrated reporting in mining and manufacturing companies listed on the Indonesia Stock Exchange from 2018 to 2020. The study focuses on the impact of Good Corporate Governance and company characteristics on integrated reporting, using institutional...
Proceedings Article
Organizational Management Key to Green Coal Mining: Policy Analysis
Asep Saepudin, Iva Rachmawati, Joko Soesilo, Hestutomo R. Kuncoro, Yuseptia Angretnowati, Heru Heryadi
This article discusses the potential of applying green sector practices in the coal mining industry and analyzes the effectiveness of government policies in promoting the green industry. The study utilizes a qualitative research method to analyze various government policies and identifies organizational...
Proceedings Article
From Offline to Online: Changes in Vegetable Purchases During COVID-19 in Indonesia
Keny Rahmawati, Puji Handayani Kasih, Arika Bagus Perdana
This study aimed to investigate changes in people’s preferences for online grocery shopping during the COVID-19 pandemic in Indonesia. The study used a descriptive method, including a questionnaire distributed to people living in the Jakarta area (Jabodetabek) and secondary data analysis. The results...
Proceedings Article
Minimizing Metal Casting Defects: Insights from Six Sigma Implementation
Yasmina Amalia, Fitri Ayu Mardhatila, Anita Rivera Wulandari, Rahmad Kristiardi
The aim of this study is to reduce the number of defects in the metal casting finishing process through the implementation of the Six Sigma method. The study identifies various defects such as pouring metal, mold material, porosity, and shrinkage defects, and provides recommendations to minimize them....
Proceedings Article
The Hidden Value of Green Open Spaces: IDR 10 Trillion Worth of Environmental Services in Sleman District, Indonesia
Dian Hudawan Santoso, Jamzani Sodik, Yuli Dwi Astanti, Wildan Rizky Isnaini
This scientific article aims to demonstrate that conventional Gross Regional Domestic Product (GRDP) does not accurately reflect the level of welfare in a region, as it fails to account for natural resource depletion and degradation. To address this issue, the concept of green GRDP is introduced, which...
Proceedings Article
Trading Robots: Effective but Limited in Replacing Human Traders for Short-Term Investors
Sri Utami Ady, Mustika Winedar, Ilya Farida, Dicken Okta Sandra Susena, Fany Meyranda Putri
This study aimed to explore how stock investors have responded to the adoption of trading robots in the capital market, particularly during the Covid-19 pandemic, and to investigate the efficacy of these robots in trading. A qualitative phenomenological approach was used to investigate investor behavior...
Proceedings Article
Optimizing Omnichannel Retail in Indonesia: The Strong Mediating Role of Best Customer Experience Strategy
Lilik Indayani, Misti Hariasih, Ayu Lucy Larassaty, Dhea Ariesta Putri, Usmanova Zumrad Islamovna
This study aims to determine the role of consumer behavior in purchasing fashion clothes in Indonesia at omnichannel retail based on the best consumer experience strategy. Explanatory quantitative research on 310 omnichannel retail consumers with various fashion brands. Questionnaires were distributed...
Proceedings Article
Unlocking the Potential of Instagram Marketing: Boosting New Student Acceptance in Higher Education
Totok Wahyu Abadi, Usmanova Zumrad Islamovna
The study aimed to investigate the impact of marketing and Instagram communication on the acceptance of prospective new students at Muhammadiyah University of Sidoarjo for the academic year 2021. The research method used was quantitative with a sample of 338 new students who were randomly selected using...