Putu Sukma Kurniawan and Basuki Basuki
This study aims to uncover fundamental challenges pertaining to sustainability reporting assurance practice (SRAP) in Indonesia. This study uses assuror and academician…
Abstract
Purpose
This study aims to uncover fundamental challenges pertaining to sustainability reporting assurance practice (SRAP) in Indonesia. This study uses assuror and academician perspectives to examine the SRAP discourse in Indonesia.
Design/methodology/approach
The research method was qualitative approach by conducting online semi-structured interviews with ten informants, including four from assuror representatives and six from academician representatives. Qualitative data analysis, such as codification process and data triangulation, was used to understand the opinions of each informant and to develop a comprehensive discussion.
Findings
This study has identified the issues in the context of SRAP in Indonesia. Several recommendations have been made for the relevant stakeholders to improve the quality of SRAP in the Indonesian context.
Practical implications
The results of this study can be used by the stakeholders to improve the quality of SRAP in Indonesia.
Social implications
The results of this study can be used by the stakeholders in Indonesia, for example, the authority of the financial services industry, to formulate policies related to SRAP in Indonesia.
Originality/value
There are still few previous studies that include an academician’s perspective related to the SRAP and examine SRAP in a developing country context.
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Basuki Basuki and Riasty Dewi Irwanda
The purpose of this paper is to simulate the environmental cost reports preparation used to measure environmental performance in realizing eco-efficiency.
Abstract
Purpose
The purpose of this paper is to simulate the environmental cost reports preparation used to measure environmental performance in realizing eco-efficiency.
Design/methodology/approach
This research uses a descriptive case study by using environmental cost detail data from 2011, 2012, 2013 and 2014. The research object is PT Industri Kereta Api (Persero) located in Madiun, East Java.
Findings
The result of the research shows that PT INKA (Persero) has not specifically made environmental cost report. It is found that the percentage of total environmental cost to operational cost tends to increase; the cost which gives the biggest distribution of total environmental cost is the prevention cost. By 2014, the effect of environmental costs on operating costs tended to decrease and during 2012–2014 PT INKA successfully maintained the blue star PROPER and the absence of environmental pollution reports.
Originality/value
PT INKA’s environmental performance is still well controlled and since its inception in 2014 PT INKA has succeeded in realizing the concept of eco-efficiency.
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Darmawan Darmawan and Ayu Wandirah
This study aims to determine the contribution of non-halal income and Islamic funds to Islamic banks’ financial performance and health level in Indonesia from 2014–2020.
Abstract
Purpose
This study aims to determine the contribution of non-halal income and Islamic funds to Islamic banks’ financial performance and health level in Indonesia from 2014–2020.
Design/methodology/approach
The research uses secondary data from a sample of eight Islamic banks in Indonesia. Data analysis uses the panel data regression concept and the Random Effect Model.
Findings
The results of the data analysis show that non-halal income does not contribute to the financial performance or health level of Islamic banks during the observation period from 2014–2020, possibly due to its incompatibility with Sharia principles. Non-halal income, used solely for charitable activities, does not directly enhance operational performance or financial health. In contrast, Islamic funds contribute to financial performance [through the Financing to Deposit Ratio (FDR) ratio] with an effect size of 12.99% and to the health level with an effect size of 24.31%.
Practical implications
Islamic banks in Indonesia should prioritize managing Islamic funds effectively, as they significantly enhance financial performance (12.99% impact via FDR ratio) and health levels (24.31% impact). Conversely, minimizing reliance on non-halal income, which showed no positive impact, can strengthen adherence to Sharia principles and bolster market confidence. Policymakers could support regulations encouraging the accumulation and prudent use of Islamic funds while ensuring rigorous monitoring of non-halal income sources. Comparative analysis with Sharia banks in other countries would provide additional insights into the global regulatory and operational landscape for Islamic fund management.
Social implications
Emphasizing Islamic funds over non-halal income in Islamic banks can foster greater community trust and ethical alignment with Sharia principles. By prioritizing Sharia-compliant financial practices, banks can cater better to religiously observant customers and contribute positively to societal values. This shift may enhance financial inclusion by attracting more deposits from individuals seeking ethical banking options. Additionally, it reinforces the role of Islamic finance in promoting economic stability and moral integrity within Indonesia’s financial sector. Policymakers’ support for such practices can further strengthen social cohesion and sustainable economic development, aligning financial activities with broader societal expectations and religious beliefs.
Originality/value
This study offers compelling insights into the distinct impacts of non-halal income and Islamic funds on Islamic banks’ financial performance and health in Indonesia, using robust panel data regression techniques. The findings reveal a critical dichotomy: while non-halal income shows negligible influence, Islamic funds significantly enhance financial performance (12.99% impact via FDR ratio) and health levels (24.31% impact). This nuanced analysis contributes uniquely to the literature by empirically quantifying these effects over a substantial observation period, offering practical implications for Islamic banking operations and regulatory frameworks. Such insights are pivotal for advancing strategies that align with Sharia principles and enhance institutional sustainability, with potential comparative relevance for Islamic banks globally.
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Basuki Antariksa, Adhityo Nugraha Barsei, Addin Maulana, Rizatus Shofiyati, Asmadi Adnan, Nurhuda Firmansyah and Nabiella Aulia
This paper aims to show the opportunities and challenges of implementing slow tourism through a slow city concept, particularly concerning preserving paddy fields.
Abstract
Purpose
This paper aims to show the opportunities and challenges of implementing slow tourism through a slow city concept, particularly concerning preserving paddy fields.
Design/methodology/approach
A qualitative approach using FGD, in-depth interviews and questionnaires with open questions.
Findings
Paddy field preservation can be achieved through the slow city concept if there is a strong commitment from the government and influential local wisdom.
Research limitations/implications
This research is conducted in five areas (cities and regencies). Hence, there should be similar research in other areas to find whether it can be implemented in other areas. Furthermore, other aspects have not been explored, such as how to convince policymakers to implement a slow city concept, integrate urban infrastructures and paddy fields or encourage and protect local residents who develop a slow city concept.
Practical implications
This research will give insight for policymakers to establish a policy that can realize livable cities for local residents and tourists, particularly in terms of food resiliency through tourism.
Social implications
This research will give new information about the importance of slow tourism to improve the quality of life in a city and to maintain food resilience.
Originality/value
This research shows the implementation and challenges of realizing slow city and slow tourism in some regions in Indonesia, particularly related to paddy fields preservation.
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At the centre of this new drive are regulations that would require social media to remove damaging content upon the government’s request. Disinformation has expanded…
Facing blasphemy charges and an organised protest movement, current Governor Basuki ‘Ahok’ Tjahaja Purnama confounded opponents by taking the highest share of the vote (43%) with…
INDONESIA: Court case will bring Islamists to fore
The Jakarta governor election was marked by Islamist groups’ support for Anies and opposition to his rival, now-former governor Basuki Tjahaja Purnama (often called “Ahok”), a…
Details
DOI: 10.1108/OXAN-DB225440
ISSN: 2633-304X
Keywords
Geographic
Topical
Anja P. Schmitz and Jan Foelsing
During the past decade, fast-paced changes created a new environment organisations need to adapt to in an agile way. To support their transformation, organisations are rethinking…
Abstract
During the past decade, fast-paced changes created a new environment organisations need to adapt to in an agile way. To support their transformation, organisations are rethinking their approach to learning. They are moving away from traditional instructor-centred, standardised classroom-based learning settings. Instead, learning needs to be tailored to the individuals’ needs, available anywhere at any time and needs to enable learners to build their network. The development of digital tools, specifically network technology and social collaboration platforms, has enabled these new learning concepts.
The use of these new learning concepts in organisations also has implications for higher education. The present case study, therefore, investigates how universities can best prepare future employees and leaders for these new working environments, both on a content level and a methodological level. It also investigates if these new learning concepts can support universities in dealing with a changing environment.
The investigated case is a traditional face-to-face leadership lecture for a heterogeneous group of students. It was reconceptualised as a personalised and social collaborative learning setting, delivered through a social collaboration platform as the primary learning environment. Initial evaluation results indicate positive motivational effects, experience sharing and changes in perception of the student − lecturer relationship. The findings also supported previous challenges of computer-supported collaborative learning settings, such as the perception of a higher cognitive load. The implications of these results for the future teaching and business models of higher education are discussed. In addition, the potential of these computer-supported social collaborative learning settings is outlined.
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Purpose – This purpose of the research is to investigate the process of manufacturing LDPE recycle thermoplastic composites with reinforcement oil palm empty fruit bunch (OPEFB…
Abstract
Purpose – This purpose of the research is to investigate the process of manufacturing LDPE recycle thermoplastic composites with reinforcement oil palm empty fruit bunch (OPEFB) biomass microfillers.
Design/Methodology/Approach – Methods of physical and chemical modification of OPEFB fibers into the LDPE matrix and the addition of some compatibilizer such as MAPE and xylene process through melt blending can improve mechanical properties, electrical properties, biodegradability, and improve the morphology of composites.
Research Limitations/Implications – These composites are prepared by the following matrix ratio: filler (70:30)% and filler size (63, 75, 90, and 106) μm. The LDPE plastic is crushed to a size of 0.5–1 cm, then pressed with hot press free heating for 5 min and with a pressure of 10 min at 145 °C. Based on the characterization obtained, the tensile strength and the high impact on the use of 106 μm filler is 13.86 MPa and 3,542.6 J/m2, and thermal stability indicates the degradation temperature (T0) 497.83 °C. FT-IR analysis shows the presence of functional groups of cellulose and lignin molecules derived from TKKS collected in the composite.
Practical Implications – Based on the characterization obtained, this composite can be applied as furniture material and vehicle dashboard.
Originality/Value – Composites obtained from recycle of LDPPE plastics waste has some advantages such as good compatibility and high tensile strength. This composite used the OPEFB filler whose size is in micrometer, and so this product is different from other products.