Purpose The research objective was to analyze the difference of sharia banking performance in Malaysia and Indonesia through measurement tool of maqashid index of MPEM and PMMS Design/methodology/approach This research used comparative study quantitative method and secondary data with observation period of 2014-2021. Findings Based on the MPEM index of maqashid sharia, this research result referred that Indonesia was superior in the dimension of preserving religion, maintaining wealth, and continuing offspring. Based on PMMS maqashid sharia index, Malaysia was superior to Indonesia in all indicators consisting of educating individuals and upholding justice and welfare. Research limitations/implications The research objective was to analyze the difference of sharia banking performance in Malaysia and Indonesia through measurement tool of maqashid index of MPEM and PMMS period of 2014-2021 Originality/value The countries in Southeast Asia region have applied this Dual Banking System including Indonesia and Malaysia. The use of different system applied in banking field should affect the difference of performance measurement. MPEM and PMMS were taken as alternatives of maqashid sharia-based banking performance measurement which was more proper if it was functioned to measure the performance of sharia banking.

Purpose This study aims to see the effect of regional autonomy and fiscal decentralization in the fields of education, health, and the economy in the development of human resources in Eastern Indonesia. Design/methodology/approach This study uses a quantitative approach with panel data regression utilizing data from 16 provinces in Eastern Indonesia from 2010-2019. Findings According to the results, the development of human resource quality is influenced by government spending on education, health, and GRDP per capita. However, the study reveals that capital expenditure does not play a significant role in the enhancement of human resource quality. Research limitations/implications One shortcoming of this research is its lack of detailed information regarding how capital expenditures, education expenditures, and health expenditures are distributed across various local governments. Originality/value This study shows the impact of fiscal decentralization and regional autonomy by comparing the results gap that occurs between the western and eastern regions of Indonesia on human resource development

Purpose This study explored self-efficacy's link to student financial behavior, assessing its influence and dimensions. The aim was to improve financial literacy and behavior among students through interventions. The study deepened understanding of self-efficacy's role in university students' financial behavior. Design/methodology/approach In quantitative research, researchers employ SEM, specifically PLS, to examine self-efficacy and financial behavior in university students. The study has 100 student respondents and uses SEM-PLS for complex analysis, aiming to offer empirical evidence for hypotheses. Findings could significantly enrich comprehension of self-efficacy's influence on financial behavior in college students. Finding Results show a positive link between variables. Higher self-efficacy relates to improved financial behavior. Confident individuals budget, save, and make wise financial choices. This underscores the need to enhance self-efficacy in interventions for better student financial behavior. Overall, findings emphasize self-efficacy's pivotal role in shaping financial behavior. Research limitations/implications This study offers empirical evidence of a positive link between self-efficacy and financial behavior, broadening understanding. It highlights psychological factors in financial behavior and extends self-efficacy's role in financial management literature. Financial education programs should enhance self-efficacy for better financial management, benefiting students' overall well-being. Originality/value This research merges self-efficacy and financial behavior concepts, showcasing the link between psychological factors and financial actions. Combining these constructs provides a holistic view of how self-beliefs impact financial choices and behaviors.

Purpose This research aims to formulate a Creative Industries Development Strategy towards the International market as an economic driver in Indonesia. Design/methodology/approach This paper is carried out with a qualitative approach through the SOAR method, which is a strategic planning method used to evaluate strengths, opportunities, aspirations and results in the development of creative industries in Indonesia. Findings The result shows that producing the start-up S-A is a strategy obtained between Strengths (strengths) and Apirations (aspirations). Research limitations/implications The limitation of this study is the use of SOAR analysis which only focuses on evaluate strengths, opportunities, aspirations and results rather than weaknesses or threats. Originality/value This study analyzes the strengthening of the Creative Industry Sector Market in Facing Creative Economy 2019-2025.

Purpose This research aimed to determine the effect of the effective tax rate in public company investment in Indonesia. Design/methodology/approach The research was conducted using firm data during 2008-2020 and considered the long-term investment concept. Meanwhile, the cross-section of 672 companies and the ordinary least square technique were used to get the estimation. Findings The estimation result showed that the effective tax rate has significant negative effect on fixed asset investment. If effective tax rate decrease, it can be because the company gets tax rate reduction incentives, conduct accelerated depreciation, fiscal reconciliation on the financial statement which can increase fixed asset investments. Moreover, the estimation also showed that the age of the company is able to strengthen the relationship between effective tax rate and company investment. The difference in domestic and foreign companies does not affect the elasticity ETR toward investment. Research limitations/implications Based on the estimation result mentioned, it is expected to provide guidance in implementing incentive tax, which can encourage public company investment. Originality/value There are many studies on the effect of income tax rates, but the results cannot be used specifically in Indonesia since the tax sensitivity may be different based on the development level of the country and the characteristics of the company.

Purpose This research aims to identify the role of commuting time on explaining gender wage gap in Indonesia Design/methodology/approach Using dataset from National Labor Survey (Sakernas) 2019, this research estimated 33.6% wage gap between men and women. Findings The inclusion of commuting characteristics showed an increase of explained gender wage gap proportion from 14.2% to 22.6%. The commuting time variable contributes to 14.6% of the explained wage gap. Research limitations/implications From the results it can be identified that the increase of women’s commuting time has the potential to reduce gender wage gap in Indonesia. Originality/value Gender wage gap is a labor market discrimination issue that persists worldwide, including Indonesia. Previous researches pointed out that the gender wage gap in Indonesia is mainly composed of parts unexplained by demographic, human capital, and job characteristics. While the commuting characteristics have the potential to explain more of the gender wage gap, it is still underexplored in Indonesia.

The total number of Regional Trade Agreement (RTA) has increased rapidly over the past 30 years, from 22 in 1990 to 308 in 2020. The association of Southeast Asian Nations (ASEAN) aimed to increase regional integration among members through ASEAN Free Trade Area (AFTA) that came into force in 1993 and broadened its regional integration started in 2005 through trade agreements with China, Japan, Korea, Australia, New Zealand, and India. This paper study the impact of 5 ASEAN RTAs simultaneously to get comprehensive results. The Hausman-Taylor estimator was used to overcome endogeneity problems in the gravity equation without dropping the time-invariant variables which become the advantage of this method. The results show that AFTA increases trade flows between members and promotes imports and exports to the rest of the world. ASEAN regional integration outside the region with six trade partners show positive effect to members and has a minimal negative effect to non-members globally.

Various efforts have been done to overcome or at least reduce the severe congestion in Jakarta. For this reason, the local government continues to carry out various strategies. And PT TransJakarta as a company under the auspices of the local government that manages several modes of transportation, also has a big role in overcoming congestion in Jakarta. One of them is by launching several public transportations so that many people will switch to use public transportation. Recently, Transjakarta launched a microbus type public transportation called Mikrotrans. To make it works, TransJakarta must be able to attract public interest to use microtrans. For this reason, a special strategies are needed to attract customers. One of the most important aspects is by controlling the quality of the service in order to make customer satisfied. Several aspects of microtrans service quality are investigated which have major influences on increasing customer satisfaction. And the results show that in general the quality of service at Mikrotrans is quite good. The result shows that the variables of service quality in mikrotrans are good enough in the customer although it still requires evaluation or improvement in several aspects

This study aimed to analyze the factors that affect village original income as a component of village financial independence and evaluate the role of village funds for community empowerment in strengthening the influence of VoE on village original income in Jombang Regency. This study used the Moderated Regression analytical method with the Robust Least Square method to test the cross-sectional data provided by Siskeudes of Jombang Regency of 2019. The analysis results showed that village asset utilization affects village original income positively and significantly. Furthermore, it also confirmed the moderating role of the village fund for community empowerment in strengthening the influence of Village-owned Enterprise (VoE) on village original income. These findings indicated that the allocation of village funds to targeted community cmpowerment activities has encouraged the role of VoE in increasing village original income.

Banks nowadays have come with innovations in all of their operations, particularly in account application. Therefore, people can apply for their account personally from any places by using the smartphone technology. However, it increases the possible risk of money laundering, especially in banking. One of the phenomena is the high number of Suspicious Financial Transaction Reports (LTKM) received by the Financial Transaction Reports and Analysis Center (INTRAC). Hence, this study analyzes the effect of Indonesia’s social demography on the risk of each individual of committing money laundering.Using secondary data obtained from INTRAC, the derived and selected independent variables was analyzed using ordinal logistic regression to determine their effect on the dependent variable, i.e. the Money Laundering Risk Score (MLRS). This study finds that the social demographic factors affecting the risk of money laundering committed by individuals are sex, age, marital status, occupation, and the history of financial service usage, in which occupation has the highest effect.