Journal of Economics, Entrepreneurship, Management Business and Accounting

“I'm Gen Z—Can I Buy a House?” The Moderating Role of Sharia Risk Tolerance and Islamic Financial Planning in Homeownership Intention Models

2026-04-29T12:42:01+00:00

Purpose – This study aims to investigate the impact of the reality of the gig economy, especially income volatility and the intensity of freelance work on the interest in home ownership among Generation Z and analyze the role of Islamic financial literacy and Islamic risk tolerance as protective mechanisms (moderation) amid economic uncertainty.

Design/methodology/approach – Using a quantitative explanatory approach, primary data were collected through questionnaires from 160 Generation Z respondents who work as freelancers (gig workers) and are homeless, drawn through purposive sampling. The data were then analyzed using the Partial Least Squares Structural Equation Modeling (PLS-SEM) method using SmartPLS 4.0 software..

Finding/Results – The test results demonstrate that access to Islamic financing, gig work intensity, housing affordability, Islamic financial literacy, Islamic consumption orientation, and perceived job security have a positive and significant influence on homeownership interest. Conversely, income volatility has a very significant negative impact on this interest. In terms of direct influence, Islamic financial planning and Islamic risk tolerance do not have a significant effect.

Originality/Value – This research fills a gap in the literature regarding barriers to home ownership for Gen Z gig workers, which has often been overlooked in mainstream economic studies. Its primary contribution lies in empirically testing Sharia Risk Tolerance as a crucial moderating mechanism that effectively neutralizes the negative impact of income volatility on long-term housing decisions.

Digital Marketing Strategy in Increasing Brand Awareness of MSME Local Products

2026-04-28T06:50:41+00:00

Purpose - This study aims to analyze the role of digital marketing strategies in increasing the brand awareness of local MSME products in the digital era and to provide effective strategy recommendations for business actors.

Methodology - This study uses a descriptive qualitative approach by collecting data through in-depth interviews, observations, and documentation of MSME actors selected through purposive sampling. Data analysis was conducted using the Miles interactive model, with validation through the triangulation of sources and methods.

Finding - Digital marketing has been proven to significantly contribute to increasing the brand awareness of MSMEs through five key elements: quality visual content, consistency of publications, active consumer interaction, use of digital platform features, and customer testimonials. Storytelling and product education approaches have also been proven to be more effective in increasing engagement than conventional promotions. However, limitations in digital literacy, technical capabilities, and time management remain major obstacles.

Originality - This study integrates visual content analysis, branding consistency, interactivity, and storytelling as a qualitative framework for MSME digital marketing strategies and emphasizes digital human resource capacity building as a key factor for its successful implementation.

Joint Cost Allocation in Determining the Cost of Production in a Small Concrete Manufacturing Enterprise

2026-04-26T21:45:26+00:00

Purpose: This study examines the role of joint cost allocation in determining the cost of production in a small concrete manufacturing enterprise. Accurate cost calculation is essential because it influences pricing decisions, profitability, and business continuity.

Design/methodology/approach: This study uses a descriptive qualitative approach. Data were collected through interviews, observation, and documentation involving the business owner and production workers. The analysis focuses on raw materials, direct labor, manufacturing overhead, and the allocation of joint costs across products.

Findings/Results: The findings indicate that the company does not fully include several production cost components, particularly mixing labor and overhead costs such as electricity, fuel, and equipment depreciation. As a result, the reported cost of production is lower than the actual cost. Recalculation with proper joint cost allocation provides more accurate production cost information.

Originality/Value: This study shows that proper joint cost allocation is important for improving cost accuracy in small manufacturing enterprises. More accurate production cost information can support better pricing, stronger financial management, and more sustainable business decisions

Capital Expenditure and Environmental Disclosure: Profitability’s Role in Driving Financial Performance

2026-04-09T02:58:20+00:00

Purpose – This study investigates financial performance determinants, focusing on capital expenditure (capex) and environmental management accounting practices in cost allocation and disclosure, with profitability acting as a mediating variable.

Design/methodology/approach – A quantitative approach was applied using secondary data from 30 property and real estate companies listed on the Indonesia Stock Exchange (IDX) during 2021–2023. Data analysis employed the Structural Equation Modeling–Partial Least Squares (SEM-PLS) method to assess both direct and mediating relationships.

Finding/Results – The results reveal that capex and environmental disclosure do not significantly affect financial performance. Moreover, profitability fails to mediate the relationship between capex, environmental disclosure, and financial performance. These findings highlight that investments in capital and environmental initiatives may require a longer-term horizon before influencing profitability and financial performance.

Originality/Value – This research introduces a novel perspective by integrating capex and environmental disclosure into one analytical framework and testing profitability as a mediator in the Indonesian property sector context, which remains underexplored.

The Effect of Capital Structure and Firm Growth on Profitability and Firm Value in Manufacturing Companies Listed on Indonesia Stock Exchange

2026-04-20T06:34:37+00:00

Purpose – This study aims to analyze the influence of capital structure and company growth on profitability and company value in manufacturing companies on the Indonesia Stock Exchange.

Design/methodology/approach – The The data analysis uses structural model testing, namely The Structure Equation Modelling (SEM), with descriptive and explanatory approaches.

Finding/Results – the research results, capital structure and company growth have a positive effect on profitability, while on company value, capital structure has a positive but not significant effect, company growth has a positive and significant effect, and profitability has a positive and significant effect.The theoretical implications of this research reinforce the theory that firm value is determined not only by growth but also by the company's ability to generate profits.

Originality/Value – Practical implications emphasize the importance of maintaining equity composition, as equity and profitability can be used as key indicators in assessing investment viability because they reflect a company's ability to create value. The implication of this research is that companies need to manage their capital structure optimally and ensure that the growth achieved can increase profitability, which ultimately maximizes the company's value.

The Influence of Managerial Ability, CFO Tenure, and Executive Compensation on Accounting Conservatism

2026-04-14T23:43:33+00:00

This study aims to analyze the effect of managerial ability, Chief Financial Officer (CFO) tenure, and executive compensation on accounting conservatism. Accounting conservatism is considered one of the key principles in financial reporting, serving to enhance prudence and reduce managerial bias in the presentation of financial statements. Executive-related characteristics are believed to influence the application of conservatism, therefore this research focuses on managerial ability, tenure experience, and executive compensation. The research method employed is a quantitative approach using regression analysis. The data were processed with the assistance of SPSS software through classical assumption tests, descriptive analysis, and regression testing. The findings reveal that managerial ability has a positive and significant effect on accounting conservatism, while CFO tenure has a negative and insignificant effect. Meanwhile, executive compensation has a negative but significant effect on accounting conservatism. Thus, the results highlight that managerial ability is the most consistent factor in driving the implementation of accounting conservatism compared to tenure or executive compensation.

Performance and institutional dynamics of the Warehouse Receipt system in Tanzania: Evidence from Agricultural Cooperatives

2026-04-21T22:11:47+00:00

Purpose – This study examines the performance and institutional dynamics of the Warehouse Receipt System (WRS) in Tanzania, particularly in cooperative-managed crop markets. The study is important because WRS plays a strategic role in improving agricultural trade, market access, and farmers’ bargaining power, yet its implementation still faces various institutional and operational challenges.

Design/methodology/approach – The study employed a mixed-methods approach by combining quantitative and qualitative data. Secondary data on crop production and sales were analyzed statistically, while qualitative information was collected through Focus Group Discussions (FGDs) and Key Informant Interviews (KIIs) to explore administrative, coordination, and institutional issues affecting WRS implementation.

Findings/Results – The findings reveal that the WRS has strengthened crop markets by increasing the volume and value of traded crops, especially cash crops such as cashew nuts, sesame, and coffee. The system also improved price stability and market credibility by connecting farmers with potential buyers. However, the benefits were uneven due to administrative weaknesses within cooperatives, power imbalances between buyers and sellers, weak institutional coordination, and limited participation of financial institutions in warehouse receipt financing.

Originality/Value – The study concludes that the effectiveness of WRS depends not only on market infrastructure but also on strong institutions, cooperative governance, and stakeholder coordination. The research highlights the importance of improving institutional quality and collaboration among stakeholders to ensure a more inclusive and effective agricultural marketing system in Tanzania.

Interest Rates, Inflation, and Banking Stock Returns: An Error Correction Model Approach

2026-05-05T09:57:47+00:00

Purpose – This study analyzes the long- and short-run relationships between interest rates, inflation, and stock returns in Indonesia’s banking sector in Indonesia.

Design/methodology/approach – The research employs monthly time-series data from 2020 to 2024, covering banking listed on the Indonesia Stock Exchange, the study applies stationarity and cointegration tests followed by the Error Correction Model (ECM) to examine short-run dynamics and long-run equilibrium adjustments.

Finding/Results – The results reveal a significant long-run relationship among the variables, indicated by a negative and statistically significant Error Correction Term (ECT). The ECT coefficient, close to –1, suggests rapid adjustment toward equilibrium, while short-run changes in interest rates and inflation do not significantly affect stock returns.

Originality/Value – These findings confirm the dynamic interaction among variables and the importance of the error-correction mechanism in restoring long-run equilibrium. This provides empirical evidence on the short- and long-run effects of macroeconomic variables on banking stock returns in Indonesia, offering insights into macroeconomic influences on sectoral stock performance during the post-pandemic period.

Between Promise and Peril: Blue Economy Development and Maritime Security in Africa-a Critical Review

2026-04-21T22:14:22+00:00

Purpose – This paper examines the relationship between blue economy development, maritime security, and governance in Africa, with a focus on the Gulf of Guinea and the Horn of Africa. It highlights how maritime insecurity affects key sectors such as fisheries, maritime transport, offshore energy, and coastal tourism.

Design/methodology/approach – The study applies a comparative regional approach using peer-reviewed literature and policy reports published between 2000–2025. The analysis focuses on issues of piracy, maritime terrorism, smuggling, and trafficking, as well as governance responses in Africa’s major maritime regions.

Findings/Results – The findings indicate that maritime insecurity creates significant economic and social costs for blue economy sectors through higher risks, disrupted trade routes, and livelihood instability. Although regional cooperation and maritime governance frameworks have expanded, their effectiveness is limited by legal fragmentation, unequal institutional capacity, and weak maritime monitoring systems. In addition, factors such as IUU fishing, youth unemployment, coastal marginalization, and state fragility continue to drive insecurity.

Originality/Value – The study concludes that sustainable blue economy development depends on integrated governance that combines maritime security, legal reform, and development policy. The paper emphasizes that maritime security should not only be understood as an enforcement issue, but also as a governance and human security challenge linked to broader socio-economic conditions.

Poverty Reduction and Economic Development: Evidence from a Systematic Literature Review

2026-05-09T12:06:02+00:00

Purpose - This article examines the relationship between poverty reduction and economic development through a systematic literature review. The topic is important because economic development does not always reduce poverty evenly across different contexts.

Design/methodology/approach - This study used a Systematic Literature Review guided by the PRISMA framework. Articles were collected from the Directory of Open Access Journals and limited to publications from 2022 to 2026. Of 230 records identified, 18 studies were selected after screening and eligibility assessment.

Findings/Results - The review shows that economic development generally supports poverty reduction, but the effect is not automatic or uniform. Income inequality weakens the poverty-reducing effect of growth, while inclusive growth, fiscal policy, social assistance, human development, employment, infrastructure, and financial inclusion strengthen welfare improvement.

Originality/Value - This study highlights poverty reduction as a multidimensional outcome shaped by growth, distribution, institutions, and social capability. The main implication is that inclusive and context-sensitive development strategies are needed to achieve more equitable and sustainable outcomes.

The Influence of Market Competition, Company Size, and Corporate Governance on Environmental Management Accounting and Environmental Performance

2026-05-09T05:01:38+00:00

Purpose – This study examines the influence of market competition, company size, and corporate governance on environmental performance, with Environmental Management Accounting (EMA) as a mediating variable.

Design/methodology/approach – This study uses a quantitative approach involving managers and accounting professionals from manufacturing and industrial companies listed on the Indonesia Stock Exchange. The data were analyzed using SEM-PLS.

Findings/Results – The findings show that market competition, company size, corporate governance, and EMA positively affect environmental performance. EMA also mediates the relationship between market competition, company size, corporate governance, and environmental performance.

Originality/Value – This study highlights EMA as a strategic mechanism that connects competitive pressure, organizational capacity, and governance practices with improved environmental performance.

Building Digital Capability in Startups: The Roles of Technology Orientation and Innovation-Oriented Leadership

2026-05-12T08:51:52+00:00

Purpose: This study examines the roles of technology orientation and innovation-oriented leadership in shaping digital capability in startups. It specifically positions digital capability as a primary strategic outcome and explores how internal strategic factors contribute to its development.

Design/methodology/approach: This study uses a quantitative explanatory design. Data were collected from 105 founders or co-founders of digital startups through a structured questionnaire. The data were analyzed using PLS-SEM with SmartPLS 3 and bootstrapping of 5,000 subsamples. Business age and market segmentation were included as control variables.

Finding/Results – The results show that technology orientation has a significant positive effect on digital capability. Innovation-oriented leadership also significantly influences digital capability and emerges as the strongest direct predictor. In addition, the interaction between technology orientation and innovation-oriented leadership has the largest effect, indicating a strong synergistic relationship in strengthening digital capability. Market segmentation significantly affects digital capability, while business age does not show a significant effect.

Originality/Value – This study highlights digital capability as a key strategic outcome in startup research. It also shows that the combined effect of technology orientation and innovation-oriented leadership is more important than their separate effects. The findings enrich the literature on startups by offering evidence from emerging digital businesses and by showing the relevance of market segmentation in explaining digital capability.