Indonesia is experiencing a stable and rapid Islamic economy process since the emergence of Islamic banking. Asides from the development, some scholars argued that Islamic banking does not completely comply with primary Islamic obligations, such as ethics. The use of sharia banking is preferred in Indonesia, even though it only upholds one foundation in Islamic teaching. Therefore, it is imperative to present Islamic banking's ethical foundations with strong support from early teachings and test it empirically. This research presents several original concepts of Islamic ethics in the form of prophetic messages and teaching of Muhammad (peace be upon him), namely Iman (faith), Niyyah (intention), Amanah (trust), and 'Adalah (justice). The confirmatory composite analysis (CCA) was used to assess the four terms to 411 Islamic banking employees in the Indonesian context. The result showed that salient points in measuring employee ethics need to be ethical in all circumstances. This movement tends to positively provide a multiplier effect in the banking management and potentially serve as the educational function to the communities.
Carbon emission disclosure serves to justify firms' sustainable business endeavors. This study contributes to the minor discussions of this topic in the context of Indonesian. The role of media exposure to moderate the firms' size, profitability, leverage, and environmental performance toward carbon emission uses is also inadequately addressed in previous studies. This study aims to fill these discrepancies by investigating financial statement data of firms listed in the Jakarta Islamic Index, Indonesia (JII), from 2012 to 2016, employing moderated regression techniques. All direct relationships are significant. The media exposure significantly moderates firms' size and leverage, but not to profitability and environmental performance. We also discuss several considerations with environmental disclosure issues in Islamic Index along with its implications.
Early investors possess unique sets of decision-making characteristics. They are more open to experience and eager to face risks. However, to the best of the authors’ knowledge, the discussions of nascent investors upon making the investment decision and its eroding biases were still elusive. The vital role of emotion as a bias in decision making was also inadequately addressed. This study enhanced behavioral finance knowledge by examining emotion’s role in regulating the illusion of control, overconfidence, and investors’ decision making. In total, 456 initial investors in Indonesia participated in online questionnaires, forming the data for covariance-based structural model analysis. This study found that emotion significantly increased the illusion of control, but not overconfidence or decision making, contrary to the bulk of previous studies. The illusion of control exhibited a substantial significant effect of as much as 86.4% toward overconfidence, followed by a considerable increase in decision making. The results of our study also pointed to the unique chain effects of biases affecting the decision-making process of nascent investors in the emerging market. This finding implied they possessed a unique bias mechanism in constructing their decision.
The effects of COVID-19 on tourism are irreversible, with potential reductions in income, job losses, shifting working landscapes, and visible health-related fears. These adversities are reinforced in the hospitality business, particularly for hotels, the income streams of which rely on individual movements. This study investigates the process undertaken by the hotel industry in Indonesia to face the current challenges, particularly in terms of the dynamic capabilities possessed by hotel businesses. This construct discusses the potentiality of maximizing existing resources and its impact on innovation norms to leverage hotel dynamics. A total of 329 hotel managers responded to the survey, and the data were finalized by employing PLS-SEM. The findings primarily support the hypothesized direct relationships, but refute the presence of indirect relationships. The results amplify how past investments in sustainable resources are easily deployed assets during COVID-19 and create a welcoming environment for dynamic innovation among hotels during periods of change.
Puja dan puji syukur mari kita panjatkan ke hadirat Allah SWT, karena atas berkah dan karunia-Nya, maka Jurnal Manajemen dan Inspirasi (MINDS), Jurusan Manajemen, Fakultas Ekonomi dan Bisnis Islam, UIN Alauddin Makassar ini dapat diselesaikan. Salam dan shalawat kita haturkan kepada Nabi Muhammad SAW, sang pelita di tengah kejumudan dan kejahiliyahan, serta sumber informasi dan inspirasi yang terpercaya, al-Amiin. Terima kasih kami sampaikan kepada seluruh pihak yang terlibat dalam penyusunan jurnal Minds dari awal hingga akhir yang tidak dapat kami sebutkan satu persatu.Adapun jurnal Minds merupakan titik kulminasi perwujudan kemampuan menulis tenaga pendidik yang berada di intra Fakultas maupun luar universitas. Tulisan akademik yang diharapkan menjadi contoh nyata jawaban dari berbagai fenomena empiris yang relevan dari sisi keilmuan Manajemen. Edisi kali ini, yaitu Vol. 4, No.2, 2017, mengupayakan adanya pengembangan dari sisi kualitas tulisan maupun sebaran wilayah penulis. Upaya ini diharapkan akan mendorong terciptanya proses yang lebih terukur baik dari penulis, mitra bestari, maupun penyunting, sehingga peningkatan kualitas publikasi ilmiah dapat diharapkan sebagai keluaran yang pasti.Seiring dengan penerbitan jurnal ini, maka mewakili tim publikasi, saya menyampaikan rasa terima kasih yang sebesar-besarnya untuk seluruh penulis yang berpartisipasi dalam edisi kali ini, dan kepada para pembaca yang telah berkenan meluangkan waktunya untuk menelaah tulisan-tulisan yang termuat pada edisi kali ini.Wassalamualaikum WR.WB.Manajer Jurnal, Dr. Alim Syariati, SE., M.Si.
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