ADPEBI International Journal of Business and Social Science

Green Enterprises as a Catalyst for Strengthening Community Capacity in Local Reconstruction Efforts in Western Nepal

Nirmal Chongbang , Dipina Sharma Rawal, Dedi Iskamto — Sat, 10 May 2025 00:00:00 +0700

This study examines how rational contributing on green reconstruction support from establishment of 26 green enterprises in these regions, supported by local, provincial, and federal governments with development partners, aimed at generating local employment, fostering a circular economy, and reducing carbon emissions. The use of CSEBs provides a sustainable alternative to traditional building materials, with an estimated reduction of 15 million tons of CO2 emissions compared to conventional red-brick construction. These enterprises, empowered by local governments and external stakeholders, promote eco-friendly and thermal-efficient construction practices, contributing to both environmental sustainability and economic resilience. Through a qualitative approach, this research employs quantitative calculation, qualitative data collection, multiple reality as ontology, interpretivism as epistemology, and inductive methodology to explore how these green enterprises contribute to climate-resilient infrastructure and sustainable development in western rural Nepal. The study underscores the potential of green technology-driven local enterprise solutions in post-disaster reconstruction, advocating for sustainable, low-carbon building practices as a model for future disaster recovery efforts.

Assessment of Indonesian Banking Stock Performance Using the Multi-Index Approach 2018-2022

Reksha Laksana, Anggi Putri Kusuma Wardini, Indri Gustirani — Sun, 11 May 2025 00:00:00 +0700

company stocks on Indonesia Stock Exchange (IDX) in the period 2018 to 2022. Methodology/approach – It is a quantitative descriptive research and the sampling method used purposive sampling. Over the observation period, 2220 monthly closing data points were collected from 37 banking company stocks as a sample. Findings – The research results indicate based on the Sharpe Index, ARTO and BNLI exhibit the best performance. According to the Treynor Index, BMRI show the best performance, while the Jensen Index highlights BBHI as having the best performance. Novelty/value – These findings can be valuable for investors in making informed decisions regarding their investments in banking companies on Indonesian Stock Exchange.

Does Ownership Structure Affect the Relationship between Profitability and Dividend Policy?

Dyah Arini Rudiningtyas, Puji Handayati, Ely Siswanto — Sun, 01 Jun 2025 00:00:00 +0700

Purpose – This study examines the effect of ownership structure on the relationship between profitability and dividend policy in manufacturing companies listed on the Indonesia Stock Exchange from 2012 to 2023. Methodology/approach – This study employs a quantitative approach using secondary data from annual financial reports. A sample of 141 companies was selected using purposive sampling, resulting in 1,117 observations. The analysis was conducted using Moderated Regression Analysis (MRA) to test the moderating role of ownership structure in the profitability-dividend policy relationship. Findings – The results indicate that profitability and liquidity positively affect dividend policy, while leverage has a negative effect. Managerial ownership significantly reduces dividend payments, as managers prefer retained earnings for future growth. Institutional ownership, however, strengthens the relationship between profitability and dividend policy, acting as a monitoring mechanism to ensure optimal dividend distribution. Novelty/value – This study provides new insights into the moderating role of ownership structure in dividend policy decisions within the Indonesian manufacturing sector. The findings highlight the importance of institutional oversight in ensuring dividend payments align with shareholder interests, while managerial ownership tends to prioritize internal funding over distributions.

Digital Ecosystems in Supporting Global Trade of Halal Products: Innovation and Challenges

Alvi Nuur Rasyidah, Abdillah Qodri Azizi, Nur Kholis — Sun, 15 Jun 2025 00:00:00 +0700

This research investigates the role of the digital ecosystem in enhancing trade in halal products within an increasingly competitive global market. this integration. This research employs a qualitative method, utilizing library research and content analysis techniques to examine various secondary sources, including scientific journals, industry reports, and documents from international institutions. The analysis process involved categorizing information based on key themes, including supply chain efficiency, transparency in certification, and regulatory challenges. The results show that digital technology can enhance market access, improve distribution efficiency, and increase consumer confidence in halal products. However, there are major challenges, including differences in international halal standards, limited digital infrastructure, and a lack of Sharia-based digital regulations and literacy. This study concludes that synergy among the government, business actors, and halal certification bodies is necessary to establish a robust and Sharia-compliant digital ecosystem. The findings make an important contribution to the development of an inclusive and sustainable global halal digitization strategy. The novelty of this research lies in its comprehensive approach to integrating digital innovations, such as blockchain, IoT, Digital Twin, Big Data, and AI, which have not been thoroughly researched in the academic literature, especially globally.