{"title":"Analysis of Government Rice Absorption in Indonesia","authors":"Hamdani Hamdani, Sofyan Syahnur, Suriani Suriani","doi":"10.56225/ijfeb.v2i3.186","DOIUrl":"https://doi.org/10.56225/ijfeb.v2i3.186","url":null,"abstract":"This study analyzes the government's absorption of rice in Indonesia. The government's rice absorption has decreased in the last three years (2018-2020). The decrease in absorption is in line with the decline in farmer production and the difference between the government's purchase price of rice and the market price. The purpose of this study was to test and analyze the difference between government rice prices and market prices (PBR) and the amount of rice production circulating in the community (JPB) on the government's rice absorption capacity (DBP) in 34 Indonesian Provinces for the 2011-2020 period. Regression results with the Panel Model show that (PBR) and (JPB) have a significant positive effect on (DBP). Government policies and roles are urgently needed, especially in setting purchase prices for government rice and sustainably increasing the amount of production by facilitating agricultural facilities and infrastructure so that they can affect the government's rice absorption capacity in Indonesia.","PeriodicalId":479907,"journal":{"name":"International Journal of Finance Economics and Business","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135131941","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Reniati Reniati, Nanang Wahyudin, Muhammad Faisal Akbar
{"title":"Improving the Human Development, Reducing Poverty and Promoting the Economic Growth: A Sustainable Development Strategy","authors":"Reniati Reniati, Nanang Wahyudin, Muhammad Faisal Akbar","doi":"10.56225/ijfeb.v2i3.247","DOIUrl":"https://doi.org/10.56225/ijfeb.v2i3.247","url":null,"abstract":"This study analyzes the macro-relationship between three main variables, namely, poverty, the human development index, and economic growth. This study uses the Vector Autoregressive/ Vector Error Correction Model. The variables measured in this study included household income per capita, community education level, poverty, and economic growth. This research was conducted using a quantitative method by capturing information from quantitative data. Meanwhile, the quantitative data were obtained from official publications of government agencies and analyzed using panel data regression. This study used the stationarity test and cointegration test. The study’s results concluded that economic growth was affected by the human development index. The human development index affects poverty. Also, the poverty affects economic growth. Thus, a unidirectional causality existed between the human development index, economic growth, and poverty.","PeriodicalId":479907,"journal":{"name":"International Journal of Finance Economics and Business","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135131940","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Relationship of Executive’s Leadership Skills in 21st Century towards Staff’s Work Performance in Thailand","authors":"Bundit Anuyahong, Wipanee Pengnate, Chalong Rattanapong","doi":"10.56225/ijfeb.v2i3.149","DOIUrl":"https://doi.org/10.56225/ijfeb.v2i3.149","url":null,"abstract":"This study investigates the 21st century leadership skills of executives and their relation to the work performance of staff. A sample of 30 staff members was selected using simple random sampling, and two questionnaires were used to collect data on leadership skills and work performance. The reliability of the questionnaires was established at 0.87 and 0.89, respectively. The statistical method used for data analysis included descriptive statistics, such as mean and standard deviation, and Pearson's correlation. The findings revealed that the 21st century leadership skills of executives were overall at a high level, with the highest average scores obtained in the planning and directing skills and creativity, followed by communication, technology, and information. However, decision-making and problem-solving skills and team building skills received the lowest average scores. On the other hand, the development of work performance of staff was also overall at a high level, with the highest average score obtained in the performance aspect, and the lowest average score in the relationship with the community. Furthermore, the results indicated a positive moderate-level correlation between the 21st century leadership skills of executives and the development of work performance of staff at a statistically significant level of 1 percent.","PeriodicalId":479907,"journal":{"name":"International Journal of Finance Economics and Business","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135131933","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Investigating the Determinants of the Livestock Sub-sector in Aceh Province, Indonesia","authors":"Hermaliza Hermaliza, Apridar Apridar, Sartiyah Sartiyah","doi":"10.56225/ijfeb.v2i3.205","DOIUrl":"https://doi.org/10.56225/ijfeb.v2i3.205","url":null,"abstract":"This study analyzes the effect of livestock subsector farmers' exchange rate, inflation, and human development index on the livestock subsector economy in Aceh Province. This study uses multiple regression models with a time series period of 2012-2021 totaling 40 observations. The results showed that the exchange rate of livestock subsector farmers had a negative and significant effect on the economic growth rate of the livestock subsector in Aceh Province. In addition, inflation has a positive and significant effect on the economic growth rate of the livestock subsector in Aceh Province, while the human development index has no significant effect. Therefore, various policies are needed to overcome the inequality of livestock subsector farmers' welfare and improve the quality of human resources. This study is only able to describe Aceh Province in general. Still, it has yet to be able to capture inter-regional phenomena in Aceh Province to get a more reliable picture of the livestock subsector economy.","PeriodicalId":479907,"journal":{"name":"International Journal of Finance Economics and Business","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135131937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of FDI on Innovation in Developing Countries: The Mediating Role of Governance","authors":"Hannarong Shamsub","doi":"10.56225/ijfeb.v2i3.141","DOIUrl":"https://doi.org/10.56225/ijfeb.v2i3.141","url":null,"abstract":"While most studies in the existing literature focused on the direct relationship between FDI and innovation, this paper further analyzes whether governance in developing economies mediates this relationship. A 25-year cross-sectional time-series data from 1995 to 2019 were collected from the World Bank Development Indicators and the Worldwide Governance Indicators (2019) databases. This panel dataset was estimated using a system GMM. A novel finding emerged from the investigation: the positive impact of FDI on domestic innovation is mediated by two governance variables: voice and accountability and regulatory quality. This suggests that the impact of FDI on domestic innovation is strengthened when combined with the effects of mediating variables. The results imply that, in the absence of high governance quality, the traditional policy prescription—such as increasing government spending on R&D and education—may not be adequate to promote FDI's innovation spillovers. The findings suggest that governments in developing nations should work to improve the voice & accountability and regulatory quality indicators by ensuring that citizens take part in the decision-making to promote the flow of knowledge and information that fosters innovation. This will help to strengthen the influence of FDI on domestic innovations. In addition, the governments should foster an environment that is welcoming to foreign investment and implement the appropriate regulatory reforms, such as those that strengthen competition protection, property rights protection, and transparency in the operations of the organizations implementing policies.","PeriodicalId":479907,"journal":{"name":"International Journal of Finance Economics and Business","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135131786","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Md. Manir Hossin, Md. Shah Azam, Md. Shamim Hossain
{"title":"Understanding the Concept of SMEs in Driving Economic Growth and Development in Bangladesh","authors":"Md. Manir Hossin, Md. Shah Azam, Md. Shamim Hossain","doi":"10.56225/ijfeb.v2i3.147","DOIUrl":"https://doi.org/10.56225/ijfeb.v2i3.147","url":null,"abstract":"Small and Medium Enterprises (SMEs) play a vital role in Bangladesh's economy and have been recognized as a significant catalyst for poverty reduction programs and economic growth. Therefore, it is essential to have a comprehensive understanding of the concept of SMEs and their role in driving economic growth and development. Consequently, this study endeavors to explore the definition of SMEs, their present status, and their contributions to the development of Bangladesh’s economy. Using a quantitative research method, the study performed a descriptive statistics analysis on data gathered from diverse sources, including academic, governmental, and private institutions, as well as pertinent literature from researchers, academics, and scholars. The study has found that the definition of SMEs in Bangladesh has undergone changes over time. The study findings also revealed that the growth of SMEs has had a significant impact on various economic indices in Bangladesh, contributing positively to the country's economic development. Hence, the findings of this study can provide valuable insights to readers seeking a comprehensive understanding of SMEs in the context of Bangladesh. Moreover, policymakers can utilize these findings to introduce well-suited policies and initiatives that will foster the future development of the SME sector.","PeriodicalId":479907,"journal":{"name":"International Journal of Finance Economics and Business","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135131936","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impact of the Independent Directors' Social Network on Earnings Management Before and During the COVID-19 Period","authors":"Ruixiong Qi, Anna Che Azmi, Azlina Abdul Jalil","doi":"10.56225/ijfeb.v2i3.196","DOIUrl":"https://doi.org/10.56225/ijfeb.v2i3.196","url":null,"abstract":"This study examines the impact of the independent directors' social network on earnings management before and during the COVID-19 pandemic. The COVID-19 pandemic increased uncertainty and pressure in the business environment, which led to intensified earnings management of listed companies worldwide. The research constructs centrality indexes of the independent director social network through the social network analysis method and conducts an empirical study on 1,167 A-share listed companies in China from 2009 to 2020. The relationship between independent directors' network centrality and accrual-based earnings management of companies is examined. Empirical results reveal that independent directors' network centrality is associated with higher accrued earnings management and undesirable corporate practices such as earnings management can be disseminated through directors' social networks. This research innovatively incorporates the research findings into the COVID-19 context, further indicating that independent directors' social network is associated with higher accrued earnings management during the COVID-19 period than before. This research will provide insights for regulators, specifically regulators in China, regarding the independent directors' composition and effectiveness.","PeriodicalId":479907,"journal":{"name":"International Journal of Finance Economics and Business","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135131935","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Investigating the Factors that Influence Repurchase Intention through Customer Satisfaction during COVID-19 Pandemic in Indonesia","authors":"Indira Golda Sinurat, Sukaria Sinulingga, Syafrizal Helmi Situmorang","doi":"10.56225/ijfeb.v2i2.209","DOIUrl":"https://doi.org/10.56225/ijfeb.v2i2.209","url":null,"abstract":"The COVID-19 virus has interrupted economic activities, including buying and selling; even some branded shops, supermarkets, and small shops in Indonesia had to close amid the COVID-19 pandemic. The food and beverage industry, such as Kentucky Fried Chicken (KFC), still buys and sells during the COVID-19 pandemic. Thus, this study investigates the factors influencing repurchase intention through customer satisfaction during the COVID-19 Pandemic in Indonesia at KFC Sei Semayang, Medan Binjai City, Indonesia. This study uses a quantitative approach from respondents' responses with a questionnaire as an analytical tool. This study used SEM (Structured Equation Model) analysis and was processed through the Smart-PLS 4.0 program. The sample in this study was 100 respondents who had purchased KFC in Sei Semayang. The findings revealed a positive relationship between the marketing mix and service quality, a significant effect on customer satisfaction, a positive relationship between the marketing mix and service quality, a significant effect on repurchase intention, and a positive relationship between the marketing mix and satisfaction. These findings show that KFC in Sei Semayang consider a few elements that can increase customer satisfaction and encourage them to keep buying KFC products. In this study, the dominant factor from the physical appearance aspect is the health protocol carried out during the pandemic, the reliability aspect is the presentation of clean and hygienic food, the taste aspect is a varied menu variation, the attention aspect is top of mind KFC products, the price aspect is the affordability of KFC products, and on the responsive aspect, food is prepared quickly.","PeriodicalId":479907,"journal":{"name":"International Journal of Finance Economics and Business","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136255284","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}