Indonesia Conference Directory

Corresponding Author
DPPJ UMMagelang

Institutions
Universitas Muhammadiyah Magelang
mulatosantosa[at]ummgl.ac.id

Abstract
Internal control in the SME business process is very important so that errors and irregularities that occur immediately can be overcome so that objectives can still be achieved. The control function is one of the management functions that cannot be returned from other management functions (planning, organizing, and directing). However, many studies still doubt the role of internal control on competitive advantage and the performance of SMEs. This study aims to examine the role of internal control on competitive advantage and SME performance. This research was conducted by survey method by distributing questionnaires to the respondens that are SMEs in district of Magelang. The sample size of the studi are 104 respondents. Data analysis was performed using SPSS 21. The results have shown that internal control has a positive effect on competitive advantage and SME performance. The results of this study indicated that internal control plays a role in competitive advantage and SME performance.

Keywords
internal control; competitive advantages; SME performance; and SMEs

Topic
Economics

Link: https://ifory.id/abstract/P2vqgU6f7RZQ

Corresponding Author
Rudi Abdullah

Institutions
a) Accounting Study Program, Faculty of Economics, Buton Muhammadiyah University. Jl. Betoambari No 36 Kota Baubau, 93712, Indonesia
*rudiabdullah[at]umbuton.ac.id

b) Department of Civil Engineering, Faculty of Engineering, Buton Muhammadiyah University. . Jl. Betoambari No 36 Kota Baubau, 93712, Indonesia

c) Department Of Law, Faculty of Law, Universitas Muhammadiyah Buton. Jl. Betoambari No 36 Kota Baubau, 93712, Indonesia

d) Department of Development Economic, Faculty of Economic, Universitas Halu Oleo. Kampus Baru Andonohu No 36 Kota Kendari, 93561, Indonesia

Abstract
This study aims to determine the Analysis of Inventory Control Using the Economic Order Quantity Method in CV. Melai Fresh, data collection is done by using a preliminary survey, literature study and field survey. Data analysis uses descriptive analysis. The results of this study indicate that the number of purchases of 240 ml cup packaging materials and cartons according to EOQ calculation is 17,691,504 240 ml cups and carton boxes are 368,573 cartons. Savings on inventory costs of 13.84% are around Rp 57,645 for 240 ml cup packaging raw materials per year and cardboard box packaging raw materials around 5.88%. The safety stock amounted to 447,306, 240 ml cup packaging and carton boxes around 9,319 cartons, with ordering frequency as much as 15 times a year. In addition it was found that a maximum inventory of 1,884,697 cups and 34,295 carton boxes with reorder points of 860,088 cups and 17,919 cartons.

Keywords
Inventory Control, Economic Order Quantity Method

Topic
Economics

Link: https://ifory.id/abstract/3ENZp4ftrDkP

Corresponding Author
Friztina Anisa

Institutions
Universitas Muhammadiyah Magelang

Abstract
This study aims to determine whether ICSR management influences the zakat performance ratio (ZPR), at Islamic Commercial Banks in Indonesia. ZPR is one indicator of financial performance used in Islamic banking, the Islamicity Performance Index, which is a comparison between the amount of zakat and net assets owned by Islamic Commercial Banks (BUS). Based on Al Quran and Hadiths ICSR management must be able to reach all aspects of the company and benefit for the entire community, including the recipient of zakat. Based on Sharia Enterprise Theory, the management of ICSR will affect ZPR which is the highest responsibility of an Islamic-based company is to Allah SWT and paying zakat is responsibilities that must be carried out by the company. However, in reality, some of BUSs may be do not carry out these obligations so it will affect the performance of the BUS. The method in this study is linear regression use Eviews statistical analysis. The data obtained from annual reports of Indonesia Islamic banks at 2013-2017. The results of this study stated that the disclosure of CSR funds negatively affected the Zakat Performance Ratio.

Keywords
islamic corporate sosial responsibility, zakat performace ratio, bank umum syariah

Topic
Economics

Link: https://ifory.id/abstract/mFPU3hypE4bM

Corresponding Author
Siti Samsiah

Institutions
a) Faculty of Economics and Business Universitas Muhammadiyah Riau, Jl. Tuanku Tambusai, Pekanbaru
siti.samsiah[at]umri.ac.id
b) Faculty of Economics and Business Universitas Muhammadiyah Riau, Jl. Tuanku Tambusai, Pekanbaru
c) Faculty of Economics and Business Universitas Muhammadiyah Riau, Jl. Tuanku Tambusai, Pekanbaru

Abstract
This study aims to analyze the application of Knowledge Management and The Scope of The Application of the Balanced Scorecard to The Competitive Advantage and Performance of Private Universities in Pekanbaru. The survey was conducted by distributing questionnaires to Educators and Education Staff. The sample used in this study amounted to 322 people consisting of 232 Educators and 90 Education Staff. The results of the distribution of the questionnaire were then tabulated and analyzed using a variance-based structural equation modeling (SEM), namely Partial Least Square with SmartPLS software version 3.0. The results of testing the proposed hypothesis show evidence that knowledge management and the Scope of The Application of The Balanced Scorecard have an influence on Competitive Advantage and The Performance of Private Universities in Pekanbaru.

Keywords
Performance of privat university, knowledge management, application of the balanced scorecard, competitive advantages

Topic
Economics

Link: https://ifory.id/abstract/HMuUFWTwnbcD

Corresponding Author
Astrie Kusuma Dewi

Institutions
PEM Akamigas, Jalan Gajah Mada No 48 Cepu
Yunanikyuna63[at]gmail.com

Abstract
Utilization of the Balun Field Gas Well, Cepu, is related to fulfilment and improves the welfare of the Cepu people and its surroundings, then a mapping of the market potential in the area of ​​potential gas wells in Balun Field. Utilization of the Balun Gas Well from PM 2 Balun has a gas reserve of ± 0.162 MMscf / d, assuming the addition of gas wells is in line with the target for its use. Determination, determined by the method of using techniques that were deliberately chosen for the community in accordance with the research objectives, where the native of Balun, Cepu were sought and interviewed, then a cost-benefit analysis or commonly called a Benefit Cost Ratio. From the results of data collection and economic analysis, both technical and economic analysis, the results of the Benefit Cost Ratio (BCR) analysis obtained a B / C value of 0.9022 (<1) indicating that economically the utilization of the Balun Field gas well project was not feasible. However, the development project of natural gas distribution pipelines is one of the efforts to contribute the development of education / as a learning tool in PEM Akamigas.

Keywords
Gas Well, Market Potential

Topic
Economics

Link: https://ifory.id/abstract/PgyKQhdL8uXe

Corresponding Author
Riska Rosdiana

Institutions
Mercu Buana University

Abstract
Political events are a part of a non-economic environment that can affect capital market conditions, as it is essentially the behavior of investors in making decisions not only based on technical analysis or fundamental analysis, But also pay attention to political situation. Of the various political events that occurred in Indonesia, one of the events that became Tranding topic in various mass media in the year 2018 namely the event of the declaration of presidential candidate and prospective vice president for the presidential election of 2019. The purpose of this study was to analyze the reaction of the capital market from the event of the declaration of presidential candidate and prospective vice president for the presidential election of 2019, which will be indicated by the presence or absence of abnormal return. the sample used is the stock of LQ 45, this study is event study so that the observation period will see the reaction on before, during and after the event. In this study period used was H-3 (before the event), H0 (current events) and H + 3 (after the event). Sources of data obtained from yahoo finance and IDX. The data used in this research is secondary data, such as the closing price of shares has been adjusted (adjusted closing price) and the closing price of IHSG. Data in the form of daily stock price. The data was then analyzed using analytical methods paired sample t-test. The results showed that when viewed from the average abnormal return (AAR) did not show any difference, only the H+3 and H+4 which shows the differences in AAR and signaled their reaction to the stock market to these events that affect market participants in make decisions.

Keywords
Capital Market, Event Study, Abnormal Return, Trading Volume Activity.

Topic
Economics

Link: https://ifory.id/abstract/BAfnxVGyQvLF

Corresponding Author
Dewi Fatmasari

Institutions
a) Student at Departemen of Economics, the Faculty of Economics and Business, Diponegoro University, Semarang, Indonesia. Lecturer at the Faculty of Sharia and Islamic Economics IAIN Sheikh Nurjati Cirebon, Indonesia.
b) Departemen of Syariah Banking Faculty of Sharia and Islamic Economics IAIN Syekh Nurjati Cirebon, Indonesia,
b) Departemen of Economics, Faculty of Economics and Business, Diponegoro University, Semarang, Indonesia.
*Email : dewifatmasari73[at]gmail.com

Abstract
This study aims to analyze the mechanism of monetary policy transmission path financing in the dual monetary system in Indonesia. The results of the Granger Causality test the pattern of relationship between variables in the transmission mechanism of the monetary policy channel cannot be clearly identified, the Impulse response function (IRF) test results of the CPI response to other shocks in the transmission mechanism of sharia monetary policy in Indonesia as a whole CPI responds to SBIS, PUAS shock and Positive Financing and CPI responds to DPK and FASBIS shock negatively, the result of Islamic Banking Financing Decomposition contributes to the ultimate goal of monetary policy namely inflation ( CPI), but the contribution of Islamic Banking financing is relatively small, which is 0.04%.

Keywords
Keywords: Analysis of Monetary Policy, Funding Pathways, Dual Monetary Systems Transmission Mechanisms

Topic
Economics

Link: https://ifory.id/abstract/PY7nxBdwf3bK

Corresponding Author
Suyanto Suyanto

Institutions
Universitas Muhammadiyah Metro

Abstract
The study of management control in government organizations has missed important issues to examine the role of multicultural competence in fostering working relationships and achieving better performance. This study aims at test empirically about how the influence of multicultural competence and interactional justice to apparatus performance. The study was conducted at the government apparatus in Lampung Province-Indonesia. The study applied a survey method and samples determination was based on a purposive sampling technique. The study collected 143 respondents. The data was analyzed by a Structural Equation Model (SEM) operated under AMOS application program. This study provides a better understanding, namely the influence of multicultural competence on the performance of government apparatus tend to be indirect influence through its ability to create interactional justice. This result may be used to develop the management control theory based multicultural competence in which analyzed in integrated model.

Keywords
Multicultural; competence; interactional justice; performance; government apparatus.

Topic
Economics

Link: https://ifory.id/abstract/tXmaKG4BVhuq

Corresponding Author
Dian Retnaningdiah

Institutions
a)Management Department, Economic, Social Sciences and Humanities Faculty, Universitas Aisyiyah Yogyakarta, Jl Siliwangi (Ringroad Barat) No 63, Gamping Sleman, Yogyakarta 55292, Indonesia
*dian_rdh[at]yahoo.co.id
b)Accounting Department,Economic Faculty, Universitas Widya Mataram Yogyakarta, Ndalem Mangkubumen KT III/237 Yogyakarta 55132, Indonesia
c) Textile and Metal Craft Departement, Faculty of Fine Arts, Institut Seni Indonesia Yogyakarta, Jl Parangtritis Km 6,5 Sewon Bantul 55188, Indonesia

Abstract
This study is aimed at investigate to what extent the awareness or willingness of artisans in the village Argosari toward 9 innovation products made of stagen. Descriptive analysis is employed to reflect the data obtained from the process of identifying HR and products. Chi-square analysis was used in this study to find out that innovative products from stagen materials were favored / favored evenly or not by artisans. The findings of this study indicate that the proportion of respondents answers to the 9 innovation products: food pads, purses, multipurpose boxes, room dividers, curtains, tissue boxes, pillowcases and the place where the questionnaires around the average result showing Agree (S) and Strongly Agree ( SS). The total score obtained by each factor is still close to the perfect value, so in general it can be concluded that respondents tend to have a good perception on the products. The results of the chi-square calculation of each factor indicate that the proportion of respondents answers is not evenly distributed, so the results support the conclusion that respondents tend to have a good perception of the 9 products. This shows that the hypothesis is proven, in the sense that the 9 products are in demand by artisans

Keywords
Craftwomen; Stagen; Innovation Products

Topic
Economics

Link: https://ifory.id/abstract/ynaRxvEWkghp

Corresponding Author
Faqiatul Mariya Waharini

Institutions
Universitas Muhammadiyah Magelang
Jalan Tidar 21, Kota Magelang, Indonesia

Abstract
BUT (Badan Usaha Tetap) or so called as PE (Permanent Establishment) has been applied for decades as a basic regulation for tax withdrawal to multinational companies who operate in Indonesia. The definition itself has been written down in Indonesia-s constitution law -UUD 1945. However, due to technology disruption that allow global companies not to present physically in a home country, the definition of PE is questionable. Even though, PE has been redefined couple months ago by Indonesian government, the issue of Base Erosion and Profit Sharing (BEPS) has not been completely stated. In fact, BEPS is utilized globally for tax avoidance. This study will focus to Over The Top (OTT) companies which grow systematically rapid these days, operate and gain income globally. Among all OTT companies, this study will dig deeper to the most present company among all OTTs which is Google Asia Pacific. This qualitative research results a develop model to PE regulation in Indonesia and re-redefine PE to be able to cover and limit BEPS practice and in the end increasing Indonesia-s tax admission.

Keywords
Permanent Establishment (PE); Base Erosion Profit Shifting (BEPS); Over the Top (OTT)

Topic
Economics

Link: https://ifory.id/abstract/KN2Hf9jXwvRG

Corresponding Author
Astrie Kusuma Dewi

Institutions
Hanifa Azzahro
Politeknik Energi dan Mineral Akamigas
Jalan Gajah Mada no. 38 Cepu, Kabupaten Blora, Jawa Tengah
azzahrohanifa[at]gmail.com

Andian Ari Istiningrum (*)
Politeknik Energi dan Mineral Akamigas
Jalan Gajah Mada no. 38 Cepu, Kabupaten Blora, Jawa Tengah
andian.istiningrum[at]esdm.go.id

Abstract
Pertamax is one of the fuels sold by Pertamina with Research Octanne Number 92. Pertamax is claimed as the fuel having higher quality than Premium and Pertalite because of its good performance and environmentally friendly. However, the sales of Pertamax in Semarang has been stagnant for the last five years. Therefore, it is necessary to determine the way to improve Pertamax quality in order to enhance the sales of Pertamax. The purpose of this study was to analyze the quality of Pertamax based on customer satisfactions using Importance Performance Analysis method. This study was a descriptive study with quantitative approach. The populations in this study were customers of Pertamax in Semarang with a sample of 100 respondents taken using incidental sampling method. The result showed that Pertamax customers in Semarang are very satisfied toward its quality with the level of satisfaction arrives at 87%. Then, it is advisable that Pertamax quality should be improved due the important aspects perceived by Pertamax customers. These quality include: (1) the performance of Pertamax should be felt by customers since the first use of Pertamax; (2) Pertamina should have a way to convince customers that Pertamax is more efficient than Premium and Pertalite; (3) Gas station operators should be more friendly, polite, and responsive in serving customers.

Keywords
Pertamax; quality; customer satisfactions; importance performance analysis

Topic
Economics

Link: https://ifory.id/abstract/NBDnJbQZAMLp

Corresponding Author
Andjar Prasetyo

Institutions
1 Research and Development Agency of City of Magelang
Magelang City, Indonesia
2 Research And Development Agency, Ministry Of Internal Affairs, Jakarta, Indonesia

Abstract
Magelang City with limited natural resources encourages its regional government to be able to develop its existing potential from renewable energy. One of the works that has been produced, namely Smart On Grid Actuator (SOGA) is the result of the development of the Research and Development Agency for renewable energy. Meanwhile Public Street Lighting in the City of Magelang still uses electricity from the National Electricity Company. This study aims to analyze the policy and economy due to the application of SOGA on public street lighting in the city of Magelang. The primary data source was obtained from SOGA, while the secondary source was the amount of Public Street Lighting in Magelang City. The analysis was carried out with qualitative and quantitative descriptive. The results obtained from SOGA data are predicted to be 10-20% for the efficiency of electricity use. If it is applied to public street lighting in the city of Magelang, the efficiency of the economy is significant, but the implementation of SOGA is very conducive to regional policies.

Keywords
Policy, Economy, SOGA Model, Public Road Lighting Renewable Energy

Topic
Economics

Link: https://ifory.id/abstract/J7fqFNHpXPME

Corresponding Author
Siti Samsiah

Institutions
Fakultas Ilmu Pengetahuan Alam dan Kesehatan Universitas Muhammadiyah Riau
*corresponding email: yeeri.badrun[at]umri.ac.id

Abstract
UMRI has a lot of workers who have the potential as Muzakki for LazisMu as a zakat collection agency. The purpose of this study was to determine the potential of zakat from muzakki at UMRI that can be explored by the Zakat Institute of Infaq and Sadaqah Muhammadiyah (LazisMu). The study was conducted in September 2019. The research method uses a questionnaire that was randomly distributed (simple random sample). The number of respondent samples was calculated based on the Slovin Equation of the total lecturer and staff population (243 people) at UMRI. The results showed that 83% of respondents made zakat payments. Of this amount, 95.9% paid for zakat fitrah. In addition to paying zakat fitrah, they also paid zakat al-mal (32.7%) or zakat income (40.8%). Of all those who paid zakat (al-mal, income, and fitrah), only 20.4% paid to zakat collection institutions (the rest goes to various other places). Of this amount, 80% of respondents paid to LazisMu (the remainder paid to the institutions of other zakat collectors). Based on the average zakat payment over the past 3 years, 65.3% of respondents paid zakat

Keywords
Zakat al-Mal; Zakat income; LazisMu

Topic
Economics

Link: https://ifory.id/abstract/EPX9YjaM8w6m

Corresponding Author
Sri sundari

Institutions
a)Universitas Pertahanan
Kawasan IPSC, Bogor, Indonesia.

Abstract
The fruit trade deficit is seen as a form of non-military threat in the perspective of a defense economy. If not addressed, this threat will have an impact on economic sovereignty. In order to stem the massive entry of imported fruit by protecting local fruit products, increasing productivity and increasing the competitiveness of local fruit products in both the domestic and export markets. One of the mainstays of the export fruit is bananas. The geographical condition of Bogor Regency has the potential as a banana production center. This study illustrates the extent to which the potential of large bananas can be utilized optimally. It is expected to contribute to peoples welfare, regional income and also foreign exchange income from exports. With descriptive qualitative research methods and data collection techniques through interviews, participatory observation and documentation. The results showed the potential of bananas in Bogor Regency was high but not optimal so that production, productivity and contribution to national production tended to be low and export market opportunities were not utilized. Inhibiting factors to develop the potential of bananas include: the application of banana cultivation that is not in accordance with the SOP, the limited area of ​​land for gardening, lack of training and banana assistance; Indonesian banana stock guarantee is not stable, sometimes the product does not pass the SPS test. While supporting factors include: suitability of agro-climate, resistance to hot climate and dry soil; many banana / germplasm varieties; large market opportunities; the willingness of farmers to plant; budget allocation for developing bananas. Efforts to increase production by increasing commercial gardens and implementing partnerships, farmers land inventory; and open export market share. In order to increase the potential of bananas as a trade commodity both in production and increased productivity so as to meet the demands of the domestic and export markets. In the end it can improve economic security as a pillar of economic defense.

Keywords
potential, banana trading commodities, market demand, defense economy

Topic
Economics

Link: https://ifory.id/abstract/ZNr9jzCuecBX

Corresponding Author
Dede Nasrullah

Institutions
(a,b,c)Islamic Banking Department of FAI Muhammadiyah University of Surabaya
*arin.st[at]fai.um-surabaya.ac.id

Abstract
Halal products become a global Issue. Indonesia is a big market for halal products, and the legalization of regulations in Halal product. The atractionbetween tha behaviour of consumers and producers on the awareness of making halal productsas a lifestyle in their economy further strengthens the position of halal products in goods, especially food in Halalan Thoyyiban as a trend amongthe millennial generation. The case studies were conducted at LAZIZA and Waroeng Steak and Shake (WSS) Surabaya. By Using field research, a qualitative approach to the type of case study was expected to be able to explore data in depth on the producers behavior, especially the process of producing and marketing of halal food, thereby attracting consumers by marketing halal food chicken and steak.

Keywords
Producer Behaviour, Halal Food, LAZIZA, Waroeng Steak and Shake.

Topic
Economics

Link: https://ifory.id/abstract/zAqgTLv67BNc

Corresponding Author
Yohannes Yahya Welim

Institutions
Budi Luhur University

Abstract
In this study will find out the causes of bad credit experienced by PT. Bank Mandiri Jakarta. The purpose of this study is to find out the relationship between marketing aspects, aspects of financial regulation, aspects of funding, technical aspects, and management aspects partially and simultaneously to customers bad credit. The method used is quantitative by using correlation analysis techniques. Based on the results of the study, marketing aspects, financial regulatory aspects, aspects of funds, technical aspects, and management aspects contribute to bad credit. articles to be submitted for publication in print and electronic versions of the journals of MECS Publisher. The abstract should be 160 words at least. Do not use any abbreviation and equations in your abstract

Keywords
Marketing aspects, financial aspects, funding aspects, technical aspects, management aspects and bad credi

Topic
Economics

Link: https://ifory.id/abstract/mnQxK7dDautT

Corresponding Author
Yuyun Puji Rahayu

Institutions
a),b),c) Universitas Papua, Jalan Gunung Salju Amban, Manokwari, Papua Barat, 98314

Abstract
Abstract Regional expansion could be a strength to improve the performance of local governments and subsequently should have a positive impact, such as improving the welfare of the local community. In addition, regional expansion also aims to make governments at regional level to be more focused on escalating potential sectors in their regions. Secondary data used came from the Central Bureau of Regional Statistics on GRDP in 2010-2017. This study analyzes the repositioning of the GRDP contributing sector before and after expansion between two regency regions, one parental Regency and one area that is separated from its parental. Repositioned sectors show the influence of an area in terms of its wealth of the resources as basis sector. The research method uses Location Quotient (LQ) and Shift Share analysis to identify the position of GRDP contributing sectors in each regions. Results of this study show that before and after expansion agricultural sector has declined in the contribution of GRDP. But after the expansion, the sectors with the best economic performance are the construction, administration and trade & repair sectors.

Keywords
Keywords: GRDP sectors, location quotient, shift share, regional development

Topic
Economics

Link: https://ifory.id/abstract/PqhHVMDrNB2t

Corresponding Author
Silvi Asna Prestianawati

Institutions
a,b,d) STIEKN Jaya Negara Malang
Jl. R. Tumenggung Suryo No.17, Bunulrejo, Kec. Blimbing, Kota Malang, Jawa Timur 65123

c*) Universitas Brawijaya
Jl. Veteran Malang
silvi.febub[at]gmail.com

Abstract
This paper aims to measure and forecast salt price based on cost and price rationality. The research employed quantitative method with Ordinary Least Square Model for measuring the rationality of salt and ordinary least square for forecasting salt cost and price in order to describe salt cost and price behavior. Although the demand for salt increases every year, the abundant and cheap raw materials as well as the growth of the domestic production of salt business do not correlate positively with the growth of demand. We focus on measuring and forecasting price rationality as a proxy for the salt business prospects in Indonesia. We found that salt price formed at the time of the study was higher than the normal one. This is contrary to the motive theory of entrepreneurs, making the salt business in Indonesia remain a mystery.

Keywords
Salt, Price Rationality, OLS

Topic
Economics

Link: https://ifory.id/abstract/8pY2BJe6aTCx

Corresponding Author
M. Elfan Kaukab

Institutions
Faculty of Economics
Universitas Sains Al-Quran Jawa Tengah
Wonosobo Indonesia

*elfan[at]unsiq.ac.id

Abstract
Self-defeating work behavior will become more common if human resources exploitation continues. A good organization practice needs to be performed to avoid employees- self-defeating work behavior. Our research is among the first to examine the organizational antecedents of self-defeating work behavior. This research uses the perceived CSR initiatives, implementation of a high-performance working practice, and authentic leadership as the antecedents. Questionnaires are distributed to 200 employees of 20 wood companies in Central Java. Regression analysis is used to test the connection between the variables. The result shows that perceived CSR initiative, implementation of high-performance working practice, and authentic leadership negatively affect self-defeating work behavior. A self-defeating work behavior mitigation model is proposed for further research. It is recommended that practitioners implement good CSR in a social environment, high-performance working practice, and authentic leadership to maintain employees- positive behavior.

Keywords
Perceived CSR initiatives, high performance work practice, authentic leadership, self-defeating work behavior, human resource management

Topic
Economics

Link: https://ifory.id/abstract/zVBr24e7MYFU

Corresponding Author
Nur Azizah Latifah

Institutions
Faculty of Islamic Economic Law, University of Darussalam Gontor

Abstract
Abstract. This research conducted in Sambirejo village Ngawi where the majority of the population worked as farmers and one of the systems for cultivating land used by the community was the sharecropping system. The sharecropping agreement is carried out based on the traditions or customs in the village. The ratio determined based on the planting season, not in the capital proportion. The agreement carried out verbally and there is no period determination. The purpose of this study was to determine the implementation of the sharecropping system in the Sambirejo village and analyze its application according to maqasid syariah. This research is qualitative descriptive with primary and secondary data obtained through observation, unstructured interviews, and documentation. The results of the study indicate that the implementation of the sharecropping agreement, in general, is carried out according to the customs in the village, namely verbally and without determining the agreement period. The profit sharing ratios namely, mertelu, merpapat, and moro limo determined based on the planting season except for maro. Determination of profit sharing proportion is determined based on the provision of capital included in the agreement. If viewed based on the seeds provision, the sharecropping includes mukhabarah because most of farmer provide the seeds. However, the sharecropping agreement is not entirely accordance with mukhabarah, especially in the capital contributions of seeds, the profit sharing proportion that is not in accordance with the capital provided, and the time of the agreement that is not determined at the beginning of the agreement. Overall, the sharecropping agreement implemented by the community in Sambirejo village has been in line with the concept of muamalah in Islamic economic law namely there is a value of cooperation, honesty, and justice between the two parties.

Keywords
Sharecropping, mukhabarah, Custom, Maqasid Syariah

Topic
Economics

Link: https://ifory.id/abstract/xyuUTDaHGwJf

Corresponding Author
DPPJ UMMagelang

Institutions
Universitas Muhammadiyah Magelang, *andi_rabbani[at]ummgl.ac.id

Abstract
Sharia compliance principles is a differentiator of Islamic cooperatives with conventional one to attract the consumers. At present, the cooperative is the legal entity of a "typical" Islamic microfinance institution and known as Baitul Maal Wa Tamwil (BMT). However, unlike banking, there has not yet been found a standard model for evaluating sharia compliance. This study examines the sharia compliance measurement based on product, personal, and environmental model which are developed from the literature of the compliance basics, the faith concept. The study was conducted by ethnographic methods at BTM AMMAN Magelang. The result shows that the institutions orientation for sharia compliance is still dominated by product aspects followed by personal and environmental aspects. Therefore, these three aspects should be practised effectively to meet the effort for sharia compliance.

Keywords
faith concept; sharia compliance; sharia governance

Topic
Economics

Link: https://ifory.id/abstract/UA926JWu48EB

Corresponding Author
M. Elfan Kaukab

Institutions
(a) Faculty of Economics
Universitas Sains Al-Quran Jawa Tengah
Wonosobo, Indonesia

*elfan[at]unsiq.ac.id

(b) Faculty of Sharia and Law
Universitas Sains Al-Quran Jawa Tengah
Wonosobo, Indonesia

Abstract
Financial profit is important for both conventional and sharia retails. Both kinds of retails are encouraged by limited resources and a competitive environment to relentlessly create effective marketing strategies. They want to win the consumers- hearts. Conventional retail, especially the one with a wide network, rely upon studies on consumers- behavior to produce various marketing strategies utilizing consumers- psychological vulnerability. On the other hand, sharia retails capitalize on religion as the major theme of marketing expecting a market share. This research aims to formulate the sharia retail marketing framework, focusing on minimarkets and supermarkets capitalizing Islam to sustainably compete with conventional retail. To reach the goal, literary reviews on neuromarketing and the Islamic perspective of consumerism were carried out. The result shows a framework consisting of two types of determinants. The first is neuromarketing determinants (color, light, sound, spatial arrangement, and aroma) and the second is social identity determinants (social justice, morality, ummah solidarity, faith, and Islamic products). Therefore, we propose strategical implications taken by sharia retail in reaching competitiveness by means of developing a sharia marketing that fulfills the neuromarketing as well as social identity requirements. This article should help sharia-based retail practitioners to better understand good marketing strategies and their relevance to Islamic teachings. They should be able to adopt the strategies and build successful and sustainable sharia retails.

Keywords
sharia retail, conventional retail, marketing strategy, Islam capitalization, consumers- behavior

Topic
Economics

Link: https://ifory.id/abstract/UZfrLkv27dta

Corresponding Author
M. Elfan Kaukab

Institutions
(a) Faculty of Economics
Universitas Sains Al-Quran Jawa Tengah
Wonosobo, Indonesia

*elfan[at]unsiq.ac.id

(b) Faculty of Education and Teaching
Universitas Sains Al-Quran Jawa Tengah
Wonosobo, Indonesia

(c) Faculty of Sharia and Law
Universitas Sains Al-Quran Jawa Tengah
Wonosobo, Indonesia

Abstract
The current economic system is counterproductive for human development because it encourages the lower-class society to be consumptive by buying more than what they can afford. This impacts on the long-term social-economic problems, especially for people in the rural areas that have been contaminated to urban life. This article highlights the role of the Islamic economy in the social advance of rural people from contemporary social theories perspectives, especially the theory of societal human capabilities. To achieve the goal, the researchers conducted literary and conceptual studies to relate the Islamic economic elements with the elements of the societal human capabilities theory. This results in the formulization of a rural-society developmental framework that is based on three Islamic economy elements namely entrepreneurship, no-usury fund management, and wealth redistribution. The framework reiterates the importance ofthe government to encourage entrepreneurship, sharia finance, and wealth redistribution in rural society to make them better personally and structurally based on the Islamic economy.

Keywords
Islamic economy, social advance, rural people, societal human capabilities

Topic
Economics

Link: https://ifory.id/abstract/ghN2dYRr6D4a

Corresponding Author
lilik andriyani

Institutions
a) Universitas Muhammadiyah Magelang, Economic and Business Faculty, Accounting Department
Jl. Tidar no. 21, Magelang 56126
*lilik.andriyani[at]ummgl.ac.id
b) Universitas Muhammadiyah Magelang, Economic and Business Faculty, Accounting Department
yulinda.feb[at]ummgl.ac.id
c) Universitas Muhammadiyah Magelang, Economic and Business Faculty, Accounting Department
venisorayadewi[at]ummgl.ac.id

Abstract
Families mostly manage small and Medium Enterprises (SMEs). Family involvement aims to maintain a family business so that it can live sustainably. Family businesses, especially in Indonesia, still have limitations, especially in terms of managerial skills, partnership relations, information technology capabilities, and the limitations of other internal SME factors. This limitation results in low performance and competitiveness. The purpose of this study is to examine the social impact of families by using five dimensions of socioemotional wealth (SeW) construction on SME performance. Improved performance affects improving the reputation and transgenerational family business. This study used 100 SME samples in Magelang. Through multiple regression analysis, the results of this study indicate that the dimensions of family control and family influence, social binding ties, emotional attachment of family members, and renewal of family ties through dynastic succession in SMEs influence performance improvement. But the dimensions of identification of family members with the company does not indicate that it can improve company performance.

Keywords
socioemotional wealth; UKM performance; SeW dimension

Topic
Economics

Link: https://ifory.id/abstract/cQKwfqEYeZCb

Corresponding Author
Caroline Caroline

Institutions
a) Universitas Sultan Fatah Demak
b) Universitas Terbuka
c) Universitas Stikubank
d) Universitas Sultan Fatah Demak
e) Universitas Sultan Fatah Demak

Abstract
The Province of Central Java has a large population, making it a potential labor market for other areas that lack labor. spillover labor in a district / city in Central Java Province is the driving force for labor migrants from one area to another in the Central Java Province. Workers migrating to other regions aim to seek high wages from their home regions, and live a decent life to prosper. This study aims to analyze the patterns of spatial interaction of labor in Central Java Province. This study uses data from 2010 to 2017 or 8 years with research locations of 29 districts and 6 cities in Central Java Province. This research method uses a spatial weighting matrix approach with euclidean distance to calculate the Local Indicators of Spatial Association (LISA). Novelty this research is adopting a growth model from Mankiw, Romer at.al (1992) then by developing a model using the Euclidean Distance approach to calculate the spatial weight matrix of LISA or Local Morans I. The conclusions of this study are: the spatial interaction pattern of Sukoharjo Regency has changed, initially the Sukoharjo City workforce in 2010 with the characteristics of low labor interacts spatially with other regencies / cities whose workforce is high, but in 2017 the Sukoharjo City workforce with karasteristics low labor interacts spatially with other districts / cities where labor is low. This was allegedly because the Regional Government of Sukoharjo Regency did the direction of the development policy and development of the Sukoharjo Urban area in the form of a modern trade corridor and a space for social interaction.

Keywords
Spatial Interaction Pattern, Spillover Local Workers, Local Morans I

Topic
Economics

Link: https://ifory.id/abstract/xEBf92mAgRbW

Corresponding Author
Moch Faizal Rachmadi

Institutions
Faculty of Economics, Universitas Negeri Semarang, Semarang 50229, Indonesia
*faizal.rachmadi[at]students.unnes.ac.id

Abstract
The Indonesian government has determined tourism as the leading sector and top priority in the economy. Therefore, the government continues to develop local tourism, one of which is in Bakaran Kulon Village, Pati Regency, Indonesia. The purpose of this study was to develop the tourism potential of Bakaran Kulon Village, Pati Regency, Indonesia an integrated of edutourism package through the creation of platforms with optimal management of economic, tourism and environmental. In this region there are some superior tourism and become an icon of Pati Regency, such as batik bakaran, bandeng presto and many more. This local potential can be used as a vehicle for edutourism in improving the local economy. However, the obstacle is the absence of integrated technology optimization to developing the tourism potential. Therefore, DOKAR.COM as an innovative solution in overcoming these problems. The method used in this study is the RnD (Research and Development) method. Based on studies conducted it can be concluded that DOKAR.COM is feasible because it can participate in developing the local potential of Bakaran Kulon Village, Pati Regency, Indonesia in improving the economy of the local community.

Keywords
edutourism; local potential Bakaran Kulon Village; regional economics; technology utilization; tourism development

Topic
Economics

Link: https://ifory.id/abstract/6dFBmcHvQeDT

Corresponding Author
Dede Nasrullah

Institutions
(a,b,c) Faculty of Economics and Business, University of Muhammadiyah Surabaya
*andrianto914[at]yahoo.com

Abstract
This study aimed to obtain evidence about tax planning (tax planning) in an effort to minimize the tax payable on the income tax section 21 PT. Telkom Kandatel East Surabaya. The data used in this study are primary data and Primary secunder.Data obtained directly from interviews with management directly related to this study, while secondary data obtained from both sources other than primary data. Analysis data technique using decision theory, which is associated with the policy management in decision making. The results of the analysis in this study were obtained in the calculation of income tax article 21 methods covered employee / employer, income tax article 21 is not given in the form of benefits for employees, so that section 21 income tax paid can not be treated as expenses in calculating the lab / fiscal loss. Methods of tax allowances, income tax article 21 permanent employees paid by the company,but granted in the form of income tax benefit of article 21, so it can be financed by the company in the calculation of the profit / loss fiscal.If this method raises margin Article 21 Income tax article 21 Income tax allowances that can reduce the take home pay of employees. So that income tax may be applied as a deduction in the calculation of the profit / loss tax gross-up method is used, whereby if the terms of the tax saving and take home pay is a better method. From the results of this study concluded that efforts to tax planning that can be applied by PT. Telkom Kandatel Surabaya East of gross-up methods are appropriate and can minimize taxes payable Income tax article 21.

Keywords
Tax Planning, Income Tax Article 21, Methods of tax allowances, Gross-up method

Topic
Economics

Link: https://ifory.id/abstract/kNMwB2ErPpLv

Corresponding Author
Elia Kalontong

Institutions
Magister Ilmu Ekonomi Universitas Palangka Raya

Abstract
The obstacles faced by the Regional Government both the Village Government and the District Government are the lack of control over the management of funds originating from Village Fund Allocation. So, the purpose of this study is to analyze the management funds and the use of village funds on regional development in Katingan Kuala District, Katingan Regency. The type of research used was qualitative descriptive research and used casual research methods with characteristics of causal relationship problems. The results of the research showed that the management of village funds in Katingan Kuala district was only shown for infrastructure development and repairment. Where the condition of the villages infrastructure was previously very alarming, but after the Village fund assistance in Katingan Kuala district, there appeared Village fund management activities in the form of physical development and infrastructure in Katingan Kuala district and experiencing changes. It was concluded that the management and the use of Village funds had a very large impact on regional development in Katingan Kuala District, Katingan Regency.

Keywords
Impact, Management and the Use of Village Funds, Regional development.

Topic
Economics

Link: https://ifory.id/abstract/dL9e78cNfgXk

Corresponding Author
M. Elfan Kaukab

Institutions
(a) Faculty of Economics
Universitas Sains Al-Quran Jawa Tengah
Wonosobo, Indonesia

*elfan[at]unsiq.ac.id

(b) Faculty of Language and Literature
Universitas Sains Al-Quran Jawa Tengah
Wonosobo, Indonesia

Abstract
Awareness of tourism destination sustainability is important to protect the destination from damage and over exploitation. Studies on tourism destination sustainability are still in the early stages. Scholars have just developed the indicators and instruments that will be used to measure the destination sustainability. Factors affecting tourism destination sustainability, especially the culture-based destination, have not been explored systematically using valid and comprehensive instruments. We present regression analysis of potential antecedents of culture-based tourism destination of 5 cultural destinations in Central Java involving 200 local people. The results suggest that resources and innovations have the strongest effect to the sustainability of culture-based tourism destinations. They are complemented with tour guides- performance. This indicates the importance of tour guides- training and orientation in building tourists- awareness. Resources provision and innovation are also crucial strategies in maintaining culture-based tourist destination sustainability.

Keywords
tourist destination sustainability, tourism resources, destination innovation, tour guides- performance, cultural destination

Topic
Economics

Link: https://ifory.id/abstract/Yh6KLycA72Pm

Corresponding Author
Utriweni Mukhaiyar

Institutions
Statistics Research Group, Faculty of Mathematics and Natural Sciences, Institut Teknologi Bandung

Abstract
Bonus-malus system determines the premium value based on the claim history of each policyholder. The bonus is a decrease in premium value in the next period for policyholders who do not submit claims in the previous period. Conversely, malus is an increase in premium value for policyholders who submit claims. This article discusses the classic and optimal bonus-malus systems in vehicle insurance. The classic bonus-malus system sets premium value based on the frequency of claims, while the optimal bonus-malus system sets premium values based on both frequency and severity of claims. In premium calculation, the Bayes method was used which can describe the expectation value of a datum within a period based on historical data. The results obtained in this paper are classic and optimal bonus-malus premium tables. The tables are, essentially, in a form of a product which can be offered to prospective customers by insurance companies.

Keywords
Bayesian, Bonus-Malus, Frequency of claims, Severity of Claims, vehicle insurance

Topic
Economics

Link: https://ifory.id/abstract/Af7ryBjL4M28