Ilomata International Journal of Social Science

Strategies for Municipal Bond Issuance in Financing Regional Development in the West Java Provincial Government 2023-2024 Case Study

2024-12-21T04:31:16+00:00

The need for infrastructure development in West Java Province during 2018-2023 is IDR 861.9 trillion, while the local budget (APBD) capacity is only IDR 54.9 trillion, so there is a gap in financing needs of IDR 807 trillion. The West Java Provincial Government can use municipal bonds as an alternative for regional development financing, but this opportunity has yet to be utilized. This study aims to analyze the obstacles to issuing municipal bonds in West Java Province and establish issuance strategies. The bond success theory, according to Hardwood (2000), and the municipal bond aspect theory, according to Djaenuri (2012), are used to answer the research question. The methodologies used involve qualitative study. Data was obtained through document reviews and interviews. The results revealed that the obstacles are the commitment of the governor, project selections, regulation of the minister of finance regarding procedures for issuing municipal bonds that have yet to be published, and the readiness of the DMU. The strategies that can be implemented are commitment, project selection, regulatory, and DMU preparation strategies.
Keywords: Municipal Bond, Infrastructure Financing, Creative Financing

K-Pop and Buying Behavior: A Study of Self-Regulation on Students' Purchase Intention in a K-Pop Era

2024-12-21T04:31:13+00:00

Indonesia has now entered the era of globalization. The era of globalization is when each country's culture blends into a global culture. One of the popular cultures favored in Indonesia is Korean POP culture. The purpose of this study is to determine the relationship between self-regulation and purchase intention for products advertised by K-Pop artists among students. The population in this study consists of K-Pop fan students. The sample used in this research was 105 students. The sampling technique used was purposive sampling. There were two instruments used in this study. First, the Short Self-Regulation Scale (SSR), which consists of nine question items, developed by Tresnadiani and Taufik (2020). Second, a scale adapted from the product purchase intention scale for Honda products developed by Wicaksono (2015), which consists of eight question items. These two scales were distributed through various social media platforms to collect research data. After collecting the research data, the data were analyzed using parametric analysis, with hypothesis testing using the Spearman correlation test. Data analysis was conducted using SPSS version 26. The results of the Spearman correlation test showed a significance value in the Sig. (2-tailed) section of 0.002 (0.002 < 0.05), indicating that there is a relationship between self-regulation and purchase intention for products advertised by K-Pop artists. The Pearson correlation result was 0.302, meaning the strength of the relationship is considered weak. The weak relationship indicates that the products advertised by K-Pop idols do not always attract the purchasing interest of K-Pop fans to buy those products. Instead, there are other factors that can influence purchasing interest, such as product quality, packaging, and price.

Indonesia's Foreign Policy in Organizing G20 Presidency in 2022

2024-12-21T04:31:11+00:00

In 2022, Indonesia will have the opportunity for the G-20 Presidency under the leadership of President Joko Widodo. Judging from Indonesia's potential and the prospects of the G-20, this study will look at what kind of foreign policy Indonesia implements in organizing the G-20. Researchers use Rosenau's adaptive theory that foreign policy occurs due to changes in external, internal, and leadership of leaders in a particular country. The study uses qualitative methods with secondary sources from books, journals, official websites, and official documents. The research results from this article show that Indonesia's foreign policy in the G-20 Presidency is preservative Adaptation, meaning that the policy has been determined by external and internal changes and the leadership of the President at that time. External factors include the effects of COVID-19, climate change, and the Russia-Ukraine war. The internal factors are structural reform, digital transformation, and employment law policies. Finally, President Joko Widodo's leadership focuses on developing and improving the Indonesian economy.

Collaboration Governance in Realizing Balbar as an Independent Village in Kota Tidore Kepulauan

2024-12-27T08:36:12+00:00

Balbar Village in Tidore Islands City is trying to realize itself as an independent village through a collaborative governance approach. This study aims to analyze how collaboration between the government, the community, the private sector, and Civil Society Organizations (CSOs) can accelerate the achievement of village independence. This study uses a qualitative method with data collection through in-depth interviews, participatory observation, and documentation. The results of the study show that good governance collaboration can increase the efficiency of the independent village program, but there are several obstacles, such as low community participation and lack of financial literacy. To overcome these obstacles, it is necessary to improve communication between stakeholders and empower human resources (HR) in villages.

Factors Affecting The Income Level of The Fishing Community are Reviewed from An Islamic Perspective

2025-01-10T03:48:44+00:00

This research is motivated by the fact that the majority of the population in Labuhanbilik Village works as fishermen with a relatively low level of community welfare, and several factors such as working capital, work experience, education level and catch on fishermen's income are still inadequate because if the supporting factors are not met, the fishermen's income will decrease. This study aims to find out and explain the influence of working capital, experience, education level, and catch on fishermen's income in Labuhanbilik Village, Central Panai District, whether it has a significant effect partially or simultaneously, and which variable is more dominant. The research method used in this study is descriptive quantitative using data collection techniques such as questionnaires, interviews, and observation. Data analysis techniques to answer hypotheses use multiple linear regression analysis techniques. The study results show that working capital, work experience, and catch per day significantly affect monthly income. In contrast, education level does not affect monthly income. And the variable for Fishermen's Income in Labuhanbilik Village is the working capital variable with a calculated T value of 2,792 with a significance value of 0.008.

The Phenomenon of Social Deviation in School-Age Adolescents: A Sociological Perspective

2025-01-10T03:58:14+00:00

This study aims to explore the phenomenon of social deviance among school-age adolescents from a sociological perspective. Social deviance refers to behavior or actions that deviate from social norms or standards accepted in society. This study uses a qualitative approach with a case study method to understand various forms of social deviance that occur among adolescents, such as substance abuse, criminal behavior, and other actions that are considered to violate norms. Data were collected through in-depth interviews with adolescents, parents, and educators, as well as field observations in schools and communities. The findings of the study indicate that factors such as peer pressure, lack of parental supervision, and personal dissatisfaction play a significant role in influencing deviant behavior. In addition, social structures and cultural norms also contribute to the community's understanding and response to such deviance. This study underlines the importance of interventions involving various parties, including families, schools, and communities, to address social deviance and support positive adolescent development. The results of this study are expected to provide valuable insights for policy makers, educators, and social practitioners in designing strategies for preventing and handling social deviance among adolescents.

The Application of Human Resource Accounting on the Financial Performance of Insurance Companies in Indonesia 2022-2023

2025-01-09T10:22:39+00:00

This study is conducted to analyze how insurance companies in Indonesia treat their human resources as assets and their effect on financial performance when the costs incurred are disclosed as assets in the financial statements presented. This research uses the secondary data of insurance companies listed in Indonesia stock exchange in 2022-2023 and uses an experimental method with a one group pretest-posttest design approach. The steps carried out are to simulate applying human resource accounting to the company's financial statements, to compare its financial performance by calculating, and statistically testing the financial ratios of return on assets, assets turnover and profit margin. The study found that insurance companies in Indonesia still apply conventional methods in their financial statements. applying human resource accounting increases the value of assets, equity, and total profit of the company. It also increases the value of return on assets and profit margin, but decreases the value of the company's asset turnover.

The Role of Women’s Leadership in Enhancing Work-Life Balance and Flexible Work Arrangements: A Study in the Financial Industry

2025-01-14T02:21:04+00:00

This study analyzes the influence of women's leadership on implementing flexible work arrangements (FWA), with work-life balance (WLB) acting as a mediator, in the financial industry in West Java and Jakarta. Using a quantitative approach, data were collected from 110 respondents working in various financial institutions and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The findings reveal that women’s leadership significantly and positively affects the adoption of FWA, primarily through its impact on employees' WLB. Women leaders are shown to have a deeper understanding of the importance of balancing work and personal life, which fosters the successful implementation of flexible work practices. This research contributes to the existing literature on women's leadership, work-life balance, and flexible work policies, particularly in the financial sector. From a practical standpoint, the results provide important insights for organizations aiming to develop leadership strategies and inclusive work policies that promote employee well-being and organizational effectiveness through better WLB and FWA practices.

Caregivers Role in Fostering Independence of Children with Special Needs at Bhakti Luhur Dormitory

2025-01-14T08:44:12+00:00

This article explores the role of caregivers in fostering independence among children with special needs at Bhakti Luhur Putra Dormitory. The study focuses on parenting strategies that enhance self-care abilities, which are crucial for improving these children's quality of life and social integration. Despite existing studies on caregiving for children with disabilities, limited attention has been given to institutional settings where personalized care and empowerment-based approaches are applied. This study uses a qualitative research methodology, utilizing interviews, observations, and document analysis to collect data from eleven Bhakti Luhur Putra Dormitory caregivers. Data were collected through semi-structured interviews, participant observations, and document analysis involving eleven caregivers with significant experience. The findings highlight that emotional support, structured training, and personalized care are vital strategies for promoting independence. These approaches foster children's confidence, encourage self-reliance, and help them integrate into broader social environments. This research provides practical insights for improving caregiving practices in institutional contexts. It contributes to the literature by offering a focused understanding of how specific caregiving strategies impact the autonomy of children with special needs. Recommendations include integrating emotional intelligence and structured independence training into caregiver development programs for better developmental outcomes. The study also highlights the importance of adapting care strategies to meet the unique needs of each child, ensuring long-term benefits for their personal growth and social participation.

Evaluating Socio-Economic and Safety Impacts of Grade-Separated Railway Crossings in Indonesia

2025-01-14T09:56:00+00:00

This study analyzes grade-separated rail infrastructure development's socio-economic and safety impacts at railway crossings in Indonesia through Structural Equation Modeling—Partial Least Squares (SEM-PLS). The research examines relationships between safety enhancement, congestion reduction, property values, local business effects, and community support. Data collection involved 450 respondents across six major crossing sites through stratified random sampling using a validated questionnaire (Cronbach's α = 0.89). Results demonstrate significant correlations between safety enhancement and community support (β = 0.678, p < 0.001), traffic congestion reduction (β = 0.623, p < 0.001), and property values (β = 0.589, p < 0.001). The measurement model confirms robust construct reliability (CR > 0.84) and validity (AVE > 0.65), with community support showing strong predictive power (R² = 0.762). Findings indicate that grade-separated crossings reduce accidents while positively impacting property values and business activities. The study contributes to transportation infrastructure theory and provides evidence-based policy recommendations for sustainable development in Indonesia, emphasizing integrated safety measures with socio-economic considerations in infrastructure planning.

Strengthening Indonesia's Open Proportional Electoral System: A SOAR Analysis for 2024 Implementation Strategy

2025-01-15T04:37:13+00:00

This research investigates the enhancement of Indonesia's Open Proportional Electoral System (OPES) through a SOAR (Strengths, Opportunities, Aspirations, Results) analysis to strategize its implementation for the 2024 elections. Utilizing a comprehensive literature review method, the study analyzed 984 articles from Google Scholar and 1000 from Crossref, narrowing down to eight pertinent studies published within the last three years. The SOAR analysis revealed key strengths of the OPES, including increased political plurality and direct voter engagement, while identifying opportunities for reform, such as reducing campaign financing and mitigating money politics. The aspirations highlighted a desire for greater accountability and integrity in electoral processes. Results indicated that implementing measures to limit campaign expenditures and enhance transparency could significantly reduce electoral misconduct. The study recommends establishing stricter regulations on campaign financing and fostering public awareness campaigns to educate voters on their rights and the electoral process. By addressing these challenges and leveraging existing strengths, Indonesia can strengthen its democratic practices and ensure a more equitable electoral landscape in the upcoming elections. This analysis provides a structured framework for policymakers to navigate the complexities of electoral reform effectively.

Tourism Development Strategy in Kendari City Based on Local Wisdom in Supporting National and Regional Tourism Policies

2025-01-15T04:45:42+00:00

Kendari City has great tourism potential, both in terms of natural beauty and the richness of local wisdom. However, tourism development in Kendari City still faces various challenges, such as lack of local community involvement, promotion that has not been maximized, and inadequate infrastructure. This study aims to analyze tourism development strategies based on local wisdom to support national and regional tourism policies. The results of the study show that the development of tourism based on local wisdom can provide added value for tourism in Kendari City, both in terms of economy and cultural preservation. The recommendations submitted include increasing community involvement in the management of tourist destinations, promotion through digital media, and the development of sustainability-based infrastructure. With the implementation of this strategy, Kendari City tourism is expected to develop optimally and sustainably.

Enhancing Public Services Through Residential Area Management: A Public Administration Study on the Implementation of the Regional Development and Housing Plan (RP3KP)

2025-01-15T07:16:37+00:00

Improving public services is the primary goal of governance, which is focused on community welfare. One critical sector in enhancing the quality of public services is residential area management. This article examines the role of residential area management in supporting public service improvement, focusing on implementing the Regional Development and Housing Plan (RP3KP) in Tana Tidung Regency. The study aims to analyze the contribution of RP3KP to public service improvement in the housing sector and identify key success factors and challenges in its implementation. This research employs a qualitative approach with a case study method. Data was collected through policy document analysis, interviews with relevant stakeholders, and field observations. The results indicate that RP3KP has positively contributed to improving the quality of public services in the housing sector through integrated and participatory planning. The successful implementation of RP3KP is influenced by policy synergy between central and local governments, active community involvement in planning, and effective coordination among local government agencies. However, this study also identifies several challenges, such as limited resources, inadequate spatial data, and difficulties in cross-sectoral coordination. The implementation of RP3KP can potentially become a strategic model for optimizing public services in the housing sector, provided it is supported by consistent policies, efficient resource management, and enhanced institutional capacity. Practical recommendations for local governments include strengthening residential area management as an integral part of inclusive and sustainable public services.

Through VUCA Era: Learning From Women's Leadership in Open and Distance Higher Education During the Pandemic

2025-01-21T02:06:08+00:00

There is little research on women's leadership in Open and Distance Higher Education especially during the COVID-19 pandemic and times of uncertainty (VUCA) that explores women's experiences of leading a distance learning institution from home. This study describes how women managers of learning and materials services and heads of administration lead Universitas Terbuka from home in the implementation of the first phase of lockdown in Indonesia in 2020. Data collected in a narrative manner with in-depth interviews with four women about conscious experiences women lead the Jakarta and Serang regional offices of Universitas Terbuka. Leading from home requires extra energy for women at the beginning of the covid-19 pandemic, family support, technology and internet networks greatly affect the process of women's leadership in Universitas Terbuka. Work from home starting from office hours until late at night with commitment, proactive, trust and able to make decisions quickly with leadership and other staff through Microsoft Teams and Zoom. In addition, women leaders continue to communicate and coordinate via Whats-app group, personal communication and work email. The experience of working from home for women who lead open, and distance higher education can be a positive picture behind the worrisome condition of the Covid-19 pandemic in the world.