Sukawati Art Market is one of the distinguished art markets in Bali for decades, which is also close to the Sukawati Public Market. The government is making efforts to revitalize the Sukawati Public Market to become the Sukawati Art Market, while the Sukawati Public Market is being relocated to a new location far from settlements. So that during the two years of the market revitalization and reallocation program it was quiet and triggered the emergence of traders around the old market area which disturbed public order. The purpose of this research is to analyze the polemic of stakeholders objectives regarding the Sukawati Market revitalization and relocation program, using MACTOR analysis. The results of the analysis show that local government, village government, and custom village are regulatory actors, while traditional markets' sellers are the main target of the project and serve as mediation to other actors. Actors still have polemic interests, especially traders outside the market. Therefore the local government needs to control, educate, and make innovation to facilitate the sellers around outside the traditional market. The revitalization program and market relocation are successful, the traditional markets’ sellers return to selling, and the market will be busy again.

This paper proposes an original view to determine the effect of P2P loans on MSME and non-MSME bank loans after the COVID-19 pandemic as a whole and then focuses on the island of Java (more developed areas) and outside Java (areas which are still undeveloped). The approach used in this study uses panel data regression from 33 provinces in Indonesia during Jan-Dec 2022 after the COVID-19 pandemic. The results of this study confirm that P2P lending is not a disrupter for bank credit, the details of the results are: (1) P2P lending has a significant positive effect on overall MSME banking credit, but has no significant effect on overall non-MSME banking credit; (2) P2P lending has no significant effect on MSME banking credit in Java, but has a significant positive effect on non-MSME banking credit in Java after the COVID-19 pandemic; (3) P2P lending has a significant positive effect on MSME banking credit outside Java after the COVID-19 pandemic, but has no significant effect on non-MSME banking credit in Java post the COVID-19 pandemic.

This research aims to gain an overview of the evaluation results and the many challenges to implementing machining competency test certification (CTC) in Vocational High Schools (VHS). The research approach to evaluating this program is a qualitative method using the analysis of Technique for Order Preference by Similarity to Ideal Solution (TOPSIS). The program evaluation design in this study uses the Assessment Evaluability and Performance Monitoring (AEPM) model, which has four evaluation components: Context, Inputs, Activities, and Performance Monitoring. The subjects involved in data collection through the distribution of questionnaires of five VHS in the Special Capital Region of Jakarta. The technique of determining all subjects using the Purposive Sampling technique. The results showed the level of effectiveness of the implementation of the machining CTC program. Some dimensions need to be strengthened, especially for the “less and “very lacking” category. Finally, the approach presented in this research using the AEPM model is a step forward in the analysis of the CTC program. This approach can easily be replicated in other countries with similar aims as this research.

The relationship between behavioural characteristics (both rational and irrational measures) and capital structure determinants has been empirically validated. This study examines the influence of the behavioural traits of overconfidence and optimism on capital structure determinations by IDX-listed public Indonesian firms’ (Tbks) management. This is statistically tested via a comprehensive hypothesis modelling construct that includes empirically validated capital structure determinants (market timing, profitability, tangibility, size and their impacts on stock price). Panel regression PLS and path analysis were performed on stock price data and financial metrics extracted from the 2013–2020 financial statements of 55 Tbks from the LQ-45 and Kompas-100 stock indices. This study found that Optimism, Market Timing and Adjusted Debt on Market Timing are not determinants of capital structure for Tbks, while Overconfidence and the control variables Firm Profitability, Firm’s Asset Tangibility and Firm Size were statistically validated as capital structure determinants. Overconfidence (as a behavioural bias) is observed to have significant negative influence on management’s capital structure determinations, while Optimism has insignificant positive influence. The less aggressive leveraged models adopted by the sampled Tbks may indicate that implemented good principles of corporate governance have played a role in preventing capital structure determinations skewed by managements’ behavioural biases or psychological tendencies.

This study aimed to develop a conceptual model of the mediating role of organizational commitment and organizational citizenship behavior on the influence of organizational justice on the performance of civil servants in the Pekanbaru Municipal Government. The sample was 147 civil servants in the Pekanbaru Municipal Government. The sampling was done using systematic sampling while the data processing was done using Structural Equation Modeling Partial Least Square (SEM PLS). The findings in this study are organizational justice has a positive influence on the performance of civil servants in the Pekanbaru Municipal Government, organizational citizenship behavior mediates the influence of organizational justice on the performance of civil servants in the Pekanbaru Municipal Government, organizational commitment does not mediate the influence of organizational justice on the performance of civil servants in the Pekanbaru Municipal Government. The most effective pathway in influencing employee performance is the mediating pathway of organizational citizenship behavior on the influence of organizational justice on the performance of civil servants.

This study focuses on developing a nano zinc oxide (ZnO) catalyst with fly ash (FA) as a support material for converting kapok seed oil (KSO) into biodiesel. This research aims to study the preparation of nano ZnO/FA solid catalysts and the catalyst's reactivity towards kapok seed oil biodiesel (KSOB) products. The catalysts were synthesized using a modification of the Stober process, which is the co-precipitation, impregnation, and precipitation step co-occurred. The catalyst is prepared on base condition using sodium hydroxide with a solvent of methanol and zinc chloride as a raw material. FA waste was effectively modified with zinc oxide particles to create a high-performance ZnO/FA composite catalyst. Under optimal stoichiometric NaOH and 60% ZnO, the resulting material achieved a remarkable specific surface area of 14.8 m²/gram, indicating its potential for enhanced catalytic activity. The prepared catalyst of nano ZnO/FA achieved successful methanolysis of KSO, with a maximum FAME yield of 61.09% attained at 65°C after 5 hours of reaction time, using a 3% catalyst dose and a KSO: methanol molar ratio of 1:15. The initial success of nano ZnO/FA with kapok seed oil paves the way for further development towards robust catalysts specifically tailored for low-grade oil conversion.

This study aimed to develop a conceptual model of the role of differentiation strategy and organizational citizenship behavior in mediating the effect of transformational leadership on the performance of private high schools in Pekanbaru. The sample was 140 principals and vice-principals of private high schools in Pekanbaru. The data obtained were processed using Structural Equation Modeling Partial Least Square (SEM PLS). The findings in this study are that transformational leadership has a positive effect on the performance of private high schools in Pekanbaru, differentiation strategy and organizational citizenship behavior mediate the effect of transformational leadership on the performance of private high schools in Pekanbaru. The most effective pathway to affect the performance of private high schools is the mediating pathway of organizational citizenship behavior on the effect of transformational leadership on the performance of private high schools.

Sustainable tourism is known as an effort to prevent the negative impacts of tourism development by considering economic, social and environmental aspects. Sustainable tourism development is very important to be used as a reference in managing tourism destinations. The large tourism potential in the Bali Province has been inventoried by the Provincial Government of Bali by establishing a tourism area. However, in its development, several designated tourism areas cannot develop optimally and tend to experience a decrease in the quality and quantity of tourist visits. This paper presents transformation pathways toward sustainable tourism development in tourism areas. The general objective is to determine strategies that can be pursued in the development of tourism areas. The specific objective is to develop the best policies and scenarios in the development of tourism areas. This research was conducted in the Soka Tourism Area in Bali Province, Indonesia, which is the only strategic tourism area in Tabanan Regency, which has great potential but has not been able to develop optimally. The data obtained from the focus group discussion, as a data collection method will be analyzed using the MULTIPOL method. The results of the research show that the development of sustainable tourism areas can be carried out by preparing a clear and measurable framework. Promotion, preparation of cross-sector programs and tourism management training activities are needed as priority programs. On the policy, it is necessary to carry out effective planning as an optimal policy involving all stakeholders. In addition, the “Progressive Transformation” and “Integrated Transformation” scenarios can be considered to achieve sustainable tourism development. This study can be an important input for stakeholders in determining policies for the development of tourism areas in the research locations and can be applied in other areas that have similar characteristics.

Logistics’ significance in international trade is being noted more and more frequently. This study was conducted to analyze the influence of logistics performance on trade volume between the Republic of Korea (ROK) and member states of the Association of Southeast Asian Nations (ASEAN) in order to identify the areas of the Indonesian logistics industry that require improvement to increase trade volume between Indonesia and the ROK. This study focuses on Indonesia, Vietnam, Malaysia, Thailand, and the Philippines, which are actively responding to the reconfiguration of the global value chain (GVC). The report also includes Cambodia, Laos, and Myanmar, which can be viewed as potential GVC competitors of Indonesia due to their considerable manufacturing growth potential. Based on the gravity model, which explains trade volume between regions, this study looked into the effect of the logistics performance index (LPI) of these ASEAN nations on trade with the ROK by analyzing panel data. This study utilized previously published (secondary) data to derive new outcomes. Most of the statistical data were extracted from the World Bank database, IHS Markit, and Euromonitor. The results show that an improvement of LPI can lead to growth in the trade volume between ROK and ASEAN Nations including Indonesia. The study’s insights suggest which logistical areas Indonesia should focus on developing in order to boost trade with ROK and obtain a competitive edge in the GVC reconfiguration.

The research aimed to know the influence of long-term relationships, information sharing, Cooperation, and integration process in partial on the supply chain effectiveness of the EPC Steam Power Plant project in the Province of North Sulawesi. It was also to know whether enterprise risk management moderates the influence, long-term relationship, information sharing, Cooperation, and integration process toward supply chain effectiveness. The employees who became the sample in the supply chain activities of the steam power plant project in North Sulawesi were 250 people, 149 of whom were proportionally from the project owner. The research uses the data analysis technique using Structural Equation Modelling-Partial Least Square. The result of the study indicated that long-term relationships, information sharing, Cooperation, and integration process partially have a positive and significant influence on supply chain effectiveness. In addition, enterprise risk management proved to moderate the impact of information sharing. Still, it needed to moderate the effect of a long-term relationship, Cooperation, and integration process on the supply chain effectiveness of the EPC Steam Power Plant Sulut-3 project.