1

Book of Abstracts

These are the original abstracts submitted to ICONICS 2023. Please note that revised abstracts
as well as preliminary versions of posters and full papers are already available in the online
program. Also, the final versions of abstracts and accepted full papers will be published in the
conference Proceedings containing an ISBN number.

“Accelerating Growth: Shaping Tomorrow”

1st International Conference on Economics and Business (ICONICS)
Faculty of Economics and Business, Udayana University
Denpasar, September 1st 2023

i
Program Schedule

Friday, September 1st 2023

TIME ACTIVITIES

13.30 – 14.00 Participant Registration

14.00 – 14.05 Opening by MC and Announcing Conference Rules
14.05 – 15.40 PARALLEL SESSION
Transfer breakout room
Parallel session
15.40 – 17.30 CLOSING & AWARDING SESSION
Transfer to main room
Announcing and Awarding Best Paper & Best Presenter
Closing Remark from The Dean of Economics and Business Udayana
University
Closing by MC
17.30 EVENT ENDED

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Contents

Program Schedule ......................................................................................................................... i

Abstract of Parallel Sessions:
Determinants of The Triangle Theory of Fraud Financial Reporting With
Managerial Ownership as A Mederation Variable (Supriatiningsih,
Muhamad Taqi, Lia Uzliawati, Munawar Muchlish) ........................................... 1
The Effect of Right Issue on Stock Return With Market Value Added (MVA)
as A Moderation (Study of the Service Industry Sector Listed on the
Indonesia Stock Exchange (IDX) for the 2018-2022 Period) (Kiki
Saputri, Martinus Budiantara) ............................................................................. 2
Conflict of Interest in Dividend Policy (Ida Ayu Ary Putri Adnyani, Ni Ketut
Rasmini)................................................................................................................. 3
Corporate Governance as A Predictor Of Financial Statement Fraud:
Systematic Literature Review (Putu Vidya Shania Devi) ................................ 4
Investor Overreaction in Indonesian Stock Market After the Announcement
of First COVID-19 Case in Indonesia (I Gede Prabawa Adi Saputra) ............. 5
Tri Hita Karana Culture and The Quality of Financial Reports of Village
Credit Institutions (I Gusti Ayu Ratih Permata Dewi, I Wayan Suartana,
Gerianta Wirawan Yasa, I Ketut Budiartha)......................................................... 6
Literature Review: Application of Technology-Based Accounting Information
System to Prevent (Ni Kadek Dewi Sukasih)...................................................... 7
Exploring The Dynamics of Profitability, Audit Report Lag, Audit Tenure,
and Auditee Company (Nawang Kalbuana, Muhamad Taqi, Lia
Uzliawati, Munawar Muchlish)............................................................................ 8
Determinant Of Tax Compliance Intention As Taxable Entrepreneur In Bali (I
Putu Artha Satria Wibawa) .................................................................................. 9
Leveraging Artificial Intelligence in Cloud Based Accounting Systems for
Fraud Prevention (Anak Agung Dwi Kristiyanthi) ......................................... 10
The Impac of Financial Statement Performance on The Bussiness Model
Innovation in SMES (Case Study At Mille Coffe In Pandemi Covid-19)
(I Wayan Kurniawan Sadukari) .......................................................................... 11
Technology Organization Environment Factors on Cloud Accounting
Adoption : Quantitative and Qualitative Study Among Denpasar
Small and Medium Enterprises (Anak Agung Widya Adi Iswari) ................ 12
Tax Avoidance Analysis (Anak Agung Sagung Dewi Laksmi) ................................... 13
Determinants of Taxpayer Compliance (Ida Ayu Nadia Asawista Rajeswari) .......... 14
Analysis of e-Government: Study of e-Bupot Unification of Government
Institutions Adoption in Supporting Tax Compliance (Part 1:
Questionnaire Development) (Kadek Surianingsih)....................................... 15

iii
The Influence of Job Satisfaction and Implementation of Organizational
Culture on Teachers' Professional Commitment at One of The
Educational Foundations In North Jakarta (Rima Chusnul Chalidjah,
Arif Murti Rozamuri) ......................................................................................... 16
Bibliometric Analysis on The Financial Well-Being: Scientific Mapping and
Future Research Agenda (Wayan Agung Panca P., Ni Nyoman Reni
Suasih, Nyoman Ariana) ..................................................................................... 17
Omni-Channel Analysis in Driving Sales and Customer Experience of
"Sensatia Botanicals” Products (Ni Luh Made Vinaya Medhiatika) ............... 18
Determination of Factors Affecting Dividend Policy in Indonesian State-
Owned Enterprises (SOEs) for 2011 to 2021 (Putu Ayu Anggya
Agustina, Made Ryan Ananta Putra) ................................................................. 19
Surviving the Storm: The Impact of Innovation on MSME Performance
Moderated by Entrepreneurial Skill (I Gusti Ayu Putu Wita Indrayani,
Ni Made Sri Rukmiyati, Ni Made Suastini) ....................................................... 20
The Role Of Motivation And Financial Management In Entrepreneurship In
Msmes In Dalung Village Badung Regency (Ni Wayan Dian Irmayani,
Desak Made Indah Paramitha Sari, Ni Wayan Purnami Rusadi, Ni Luh
Mayadi, I Gusti Agung Ayu Intan Fatmayoni) .................................................. 21
The Influence of Financial Behavior on Investment Intentions In Millennial
Generation (Gusti Ayu Komang Yanti Yulansari) ........................................... 22
The Effect of Perceived of Trust, Perceived Usefulness, Perceived Ease of Use,
and Perceived Security on Re-Intention in Using OVO e-Wallet
Application (L.G. Sridarmaningrum) ............................................................... 23
How Social Media Marketing Platform of Instagram Affect Brand Loyalty
Within The E-Commerce Industry Mediated Through Brand
Awareness and Brand Image (Calvin Fernandes, Tinjung Desy Nursanti) .. 24
The Influences of External and Internal Factors to Operational Performance;
The Role of Sales Strategy and Operational Control as Mediation and
Moderation Variables (Study on Pharmaceutical Wholesalers
Companies in Bali Province, Indonesia) (Komang Agus Satria
Pramudana,Ni Nyoman Kerti Yasa, Ni Wayan Ekawati, Putu Yudi
Setiawan) ............................................................................................................. 25
Does Intellectual Capital Affect to Performance? Evidence From Islamic
Banks in Indonesia (Mochamad Romdon, Resmi Afifah Fadilah) .................... 26
The Effect of Financial Literacy and Financial Inclusion on Investment
Interest in Students in Bandung City (Ernis Tria Puspita, Mirza
Hedismarlina Yuneline) ...................................................................................... 27
Digital Content Marketing Strategy Analysis of Company Existence in
Realizing Competitive Advantage (Fico Abiyu Taufiq, Muhammad
Ridwan Basalamah, Arini Fitria Mustapita) ...................................................... 28

iv
A Community System-Based Tourism Model For Sustainable Rural Tourism
Governance: Case Study of Bali (I Putu Mertha Astawa, I Made
Wardana, I Putu Gde Sukaatmadja, Tjokorda Gde Raka Sukawati) ................... 29
Institutional Ownership and Firm Value: A Literature Review (Ketut Arya
Bayu Wicaksana, Ida Bagus Anom Purbawangsa, Luh Gede Sri Artini, Ica
Rika Candraningrat)............................................................................................ 30
Business Process As Live Streaming Host: A Source of Income in The Digital
Era (Ni Kadek Ida Isha Pahlawan) ...................................................................... 31
The Influence of Shopping Enjoyment, Risk Percetion, and Customer
Engagement to Online Impulsive Buying on Marketplace (Yusuf
Maskur Fatoni, Vera Desy Nurmalia)................................................................. 32
Analysis of Quality Profit Based on Type of Leaders in Companies Listed on
The Indonesia Stock Exchange (Ni Kadek Erina Purnamasari Dewi, Ni
Putu Erviani Astari, Ni Kadek Eka Jayanthi Yusuf Maskur Fatoni, Vera
Desy Nurmalia) ................................................................................................... 33
The Costumer Satisfaction Roles in Costumer Satisfaction Affect The Quality
of Service Costumer Loyalty (Ati Fitriani Sihombing, Meitiana, Vivy
Kristinae) ............................................................................................................. 34
How to Create A Sustainable Business in Hotel Industry Through Going
Concern Principle During The Covid-19 Pandemic: A
Phenomenological Research (Ni Wayan Sarasati, Ni Wayan Yantiari) ........ 35
Analysis of Customer Satisfaction and Knowledge Sharing in Optimizing
Promotion of Souvenir Marketing at Bukit Tangkiling Tourism,
Central Kalimantan-Indonesia (Vivy Kristinae, Nata Tuah, Meitiana,
Roby Sambung) ................................................................................................... 36
The Impact of Cashless Payment on Improving Customer Retention: The Role
of Trust and Customer Satisfaction (Neta Belliawan Nikmah, I Made
Sukresna, Orienta Erza Prasetya) ....................................................................... 37
The Influence of Information Communication Technology (ICT) Based Digital
Marketing and Price Perception on Increasing Sales Volume of Food
and Beverage MSMEs In Palangka Raya City (Pesta Devianti
Sihombing, Danes Jaya Negara,Aston Pakpahan) .............................................. 38
The Influence of Leadership Style, Work Environment and Work Motivation
on Employee Job Satisfaction in Contractor Companies in West Java
(M Adriansyah, Arif Murti R) ............................................................................ 39
Factors Affecting The Income of Kumbasari Market Traders (Adek Wahyu
Diantari Wangsa) ................................................................................................ 40
How to Organize Further Research on Strategic Flexibility and Sustainable
Competitive Advantage in SMEs (Ni Putu Santi Suryantini, Ni Wayan
Diah Kemaladewi, Ni Komang Deepa Shanti Dewi) ........................................... 41
Female Labour Productivity : Visualization and Bibliometric Analysis (Kadek
Riska Aprilia Dwijayanti) ................................................................................... 42

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Determinants of Digital Divide: Systematic Literature Review (Anak Agung
Sagung Intan Prativi Setiawan) .......................................................................... 43
Systematic Literature Review: Study of The Existence of Environmental
Kuznet Curve In Asean Countries (Anak Agung Sagung Paramita Devi) ... 44
Tourism to Improve Economic Growth and Sustainable Development: A
Visualization and Bibliometric Study 2017 – 2022 (Adelheid Elisabeth
Loda) .................................................................................................................... 45
Systematic Literature Review : Agrotourism Development (I Putu Herry
Mahendra Putra) ................................................................................................. 46
Analysis of Investment and Labor in The Mining Sector and Government
Expenditures on Economic Growth and Employment (Prince Charles
Heston Runtunuwu, Jay Rajasekera) .................................................................. 47
Financial Literacy for SMEs: Visualization and Bibliometric Study (Ni Luh
Tesi Riani)............................................................................................................ 48
The Impact of Realization of APBD Revenue on the Financial Performance of
Regional Apparatus Organizations in Badung Regency (Case Study at
the Office of Cooperatives, SMEs and Trade in Badung Regency) (Ni
Wayan Asri Pradnyani) ...................................................................................... 49
Women in The Covid-19 Pandemic: Analysis of Family Economic Resilience
of MSME Actors in West Denpasar District (Anak Agung Rika
Prahastiwi)........................................................................................................... 50
Circular Bioeconomy in Europe Based on Bioenergy: A Short Overview
(Deodata Leela, Elisa Kusrini, Nur Wening, Syukri M. Nur) ............................ 51
Indonesia Social Progress: The Role of Access to Basic Education in
Alleviating Poverty Trap (Andi Ahmad Haidir) ............................................. 52
Analysis of The Development of Small and Medium Enterprise Increasing
Economic Growth as an Effort To Elevate Poverty and
Unemployment in Klungkung Regency (Putri Anggreni, Ni Wayan
Suartini)............................................................................................................... 53
Achievement of Indonesian Sustainable Development Using Multimoora
Analysis (Ni Kadek Eka Jayanthi) ...................................................................... 54
Socio-Emotional Wealth and Its Effect on Small Medium Enterprises
(Literature Review Study) (Yasmin Sakina, Wika Dewi, Bidadari Yuritza
D., Mirwan Surya Perdhana) .............................................................................. 55
Literature Review: The Phenomenon of High Skilled Migration in Indonesia
(I Wayan Krisnandita)......................................................................................... 56
Literature Mapping of Married Women’s Labour Force Participation (Ni
Made Rediteani) ................................................................................................... 57
Renewable Energy and Clean Energy Transition: "Strategies and Challenges
in the Transition towards Renewable Energy: A Case Study of Solar
Power System Implementation in Urban Areas in Indonesia" (Christo

vi
 Fanre Parlindungan Sembiring, Kania Putri Susanto, Putu Krisna Adwitya
Sanjaya) ............................................................................................................... 58
Spatial Analysis of Inclusive Growth in Indonesia (Kadek Aris Prasetya, Ida
Ayu Nyoman Saskara)......................................................................................... 59
Bibliometric Analysis of the Renewable Energy for Sustainable Development
(Ni Putu Winda Apriyani) .................................................................................. 60
Coping Strategies of Balinese Tourism Worker Household During Covid-19
Pandemic (Ni Ketut Budiningsih, Ni Putu Pramitha Purwanti, Putu Tara
Saraswati) ............................................................................................................ 61
Bibliometric Mapping of The Development of Food Security Research Results
with Vosviewer (Ni Made Nia Widiani) .......................................................... 62
Human Development Index, Economic Growth, and Environmental Analysis
of Causality Study at ASEAN (Ida Ayu Meisthya Pratiwi, I Gede Susila
Arsana Putra, Maria Regina Hilda Bunga Verena, Hinako Yamagami) ............ 63
Literature Review of Stock Market as a Leading Indicator in Forecasting
Recessions (Ginanjar Rahmat)
Market Reaction to the Implementation of Coal Royalty Tariff Policy in
Indonesia (Ni Made Puji Andari, I Wayan Gde Wahyu Purna Anggara) ....... 64
Conference Committees ............................................................................................................ 65

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 Determinants of The Triangle Theory of Fraud Financial Reporting
with Managerial Ownership as a Moderation Variable
Supriatiningsih1, Muhamad Taqi2, Lia Uzliawati2, Munawar Muchlish2
1Student Doctor at Sultan Ageng Tiratayasa University, Banten, Indonesia,
2 University Teknologi Muhammadiyah

2The Faculty of Economics and Business at Sultan Ageng Tirtayasa University,

The purpose of this study is to identify fraudulent financial reporting utilizing Triangle theory
analysis with managerial ownership moderation. This study’s sample use the M-Score to assess false
financial reporting and corporate governance, with management ownership serving as a moderating
variable. This study’s sample consisted of 17 companies listed on the Sri Kehati stock exchange
between 2018 and 2021. External Pressure has a negative and severe impact on false financial
statements. Ineffective monitoring, rationalization, and managerial ownership have a favorable and
considerable impact on fraudulent financial reporting. The effects of external pressure, ineffective
monitoring, and rationalization on false financial statements cannot be mitigated by managerial
ownership. Regulators are urged to provide enabling regulations that can act as checks on all parties
involved in corporate financial reporting. Practical implications: Regulators are asked to provide
enabling rules that might serve as a check on everyone involved in a company’s financial data
reporting. The triangle theory of fraudulent financial reporting using a sample of Sri Kehati stock-
indexed enterprises and managerial ownership as a moderating variable.

Keywords: Pressure, fraud financial reporting, opportunity, managerial ownership, rationalization

1
 The Effect Of Right Issue on Stock Return with Market Value Added
(MVA) as a Moderation Variable (Study of the Service Industry Sector Listed on
the Indonesia Stock Exchange (IDX) for the 2018-2022 Period)
Kiki Saputri1 and Martinus Budiantara2
1 Universitas Mercu Buana Yogyakarta

This study aims to test whether there is an effect of rights issue on stock returns with Market
Value Added (MVA) as a moderating variable. This study uses the event study research method with
a population of all companies that issue rights issue policies and have gone public. The sample
selection in this study used a purposive sampling method and for the data analysis method used was
a simple linear regression method using the Moderated Regression Analysis (MRA) test as a
hypothesis test. The results of this study indicate that rights issues have a negative and significant
effect on stock returns of service industry companies on the Indonesia Stock Exchange (IDX) for the
2018-2022 period and MVA is able to moderate the relationship between rights issues on stock returns
negatively and significantly. Based on the test results of the MRA analysis tool, the MVA variable is
able to strengthen the relationship between rights issues and stock returns. The results of this study
are used as input for investors before deciding to invest in stocks, they should refer to the rights issue
and MVA. Based on the results of the above research, further research is expected not only to examine
for 5 years and is expected to increase the number of research samples.

Keywords: Right Issue, Stock Return, investors, Market Value Added (MVA), Moderated Regression
Analysis (MRA)

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 Conflict of Interest in Dividend Policy
Ida Ayu Ary Putri Adnyani1 and Ni Ketut Rasmini1
1,2 Faculty of Economics and Business, Udayana University, Bali, Indonesia

Dividends are a kind of income given to shareholders by a corporation. Shares of a corporation

may be held by national organizations, international organizations, and the general public. In order to
better understand how debt policy, foreign institutions, public ownership, and national institutional
ownership affect dividend policy, this study will gather empirical data. From 2015 to 2019, there were
37 sample businesses on the Indonesia Stock Exchange with 130 observation samples from 77
manufacturing firms in the consumer products industrial sector. The sampling technique utilized is
called purposeful sampling. The results of the data's multiple regression analysis show that both local
and international institutional ownership have a negative effect on dividend policy. These results do
not support the "bird in hand" theory, but they do support the "customer effect hypothesis" and the
"tax preference theory." Public ownership or debt management techniques have no impact on
dividend policy.

Keywords: Dividend Policy, National Institutional Ownership, Foreign Institutional Ownership,

Public Ownership, Debt Policy.

3
 Corporate Governance As A Predictor Of Financial Statement Fraud:
Systematic Literature Review
Putu Vidya Shania Devi1
1 Faculty of Economics and Business, Udayana University, Denpasar City

The purpose of this study is to identify and understand the role of corporate governance in
detecting fraudulent financial reporting. This study uses a Systematic Literature Review (SLR) and the
study population includes Scopus indexed articles from 2013 to 2022. We found that the corporate
governance structure consists of 5 components, namely auditors, board of directors, internal control,
shareholders, and performance. Our study do not indicate that each section can work together to
detect possible fraudulent financial statements, so collaboration from all components is required.
Future research can use e-resource such as Elsevier, Springer, Emerald Insight, and Wiley, as well as
the Scimago Country Rank (SJR) to determine article quality.

Keywords: Corporate Governance, Financial Statement Fraud, Financial Reporting Fraud, Accounting
Fraud

4
 Investor Overreaction in Indonesian Stock Market After the Announcement
of First COVID-19 Case in Indonesia
I Gede Prabawa Adi Saputra1
1Faculty of Economics and Bussiness

This study aims to obtain empirical evidence regarding price overreaction by IDX investors
after the announcement of first COVID-19 case in Indonesia. Overreaction analysis was carried out in
11 IDX-IC sectors. Winner and loser shares were selected from the one third stock with the highest
CAR and lowest CAR from each sector. Dependent Paired Sample t-Test used by comparing the AAR
values of winner or loser stocks on the first 30 trading days with the next 30 trading days The results
showed that there was investor overreaction of loser stocks in the Infrastructure sector, the Financial
sector and the Technology sector. Overreaction of winner stocks occurred in the Consumer Non-
Cyclicals sector, the Energy sector, the Basic Materials sector, the Consumer Cyclicals sector and the
Property & Real Estate sector. These results support the overreaction hypothesis which states that
investors overreact to dramatic information and that will lead to corrections in the next period. Thus
investors can implement a contrarian strategy in investing by buying loser stocks and selling winner
stocks. The originality of this research is the analysis period after announcement of COVID-19 and
testing carried out in each sector.

Keywords: Overreaction Anomaly, Efficient Market Hypothesis

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 Tri Hita Karana Culture and the Quality of Financial Reports of Village Credit
Institutions
I Gusti Ayu Ratih Permata Dewi1,2, I Wayan Suartana1, Gerianta Wirawan Yasa1, I Ketut Budiartha1
1Program Doktor Ilmu Akuntansi, Universitas Udayana, Bali
2Program Studi Akuntansi, Universitas Warmadewa, Bali

There was a decline in the quality of financial reports at two LPDs throughout Selemadeg
District, including the LPD Mekel and LPD Bongan. This study aims to analyze and determine the
influence of leadership ethics, internal control systems, supervisory body functions and the level of
understanding of accounting on the quality of financial reports and tri hita karana as a moderator.
This study used a purposive sampling method. Data analysis technique using PLS analysis. These
results show Leadership Ethics, Internal Control Systems, Supervisory Board Functions, Level of
Understanding of Accounting and Tri Hita Karana have a positive and significant effect to Quality of
Financial Statements. Furthermore, these results indicate that Tri Hita Karana is able to moderate the
influence of Oversight body functions on Quality of Financial Statements. It is hoped that in future
research it can use different research locations in order to get new phenomena and findings. LPD
management should have rules to separate employee duties in order to minimize fraud Tri Hita
Karana is able to moderate the influence of Oversight body functions on Quality of Financial
Statements.

Keywords: leadership ethics, internal control system, supervisory body functions, level of
understanding of accounting, tri hita karana.

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 Literature Review: Application of Technology-Based Accounting Information
System to Prevent Fraud in Indonesia
Ni Kadek Dewi Sukasih1
1Udayana University

The purpose of this paper is to present various literature related to the application of
technology-based accounting information systems to prevent fraud in Indonesia. A literature review
approach, often known as a literature review, was used in this study. Literature review is a task that
focuses on the subject of interest so that the content of the manuscript can be critically assessed. This
literature study is summarized using narrative techniques by classifying related extraction data.
According to a literature study, improvements in information technology have a significant positive
impact both on the process of making financial statements and the process of auditing financial
statements. The use of fraudulent financial statements can be reduced thanks to advances in
information technology. The literature used in this paper is limited to what is in Indonesia, further
research can develop to other countries. The contribution of this research can be a reference for the
next author in finding or comparing literature related to the topic discussed. This paper uses literature
that is in accordance with the topic discussed and in accordance with the existing conditions in
Indonesia.

Keywords: fraud, information technology, prevention

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 Exploring the Dynamics of Profitability, Audit Report Lag, Audit Tenure, and Auditee
Company Size on Audit Quality
Nawang Kalbuana1, Muhamad Taqi1, Lia Uzliawati1, Munawar Muchlish1
1Sultan Ageng Tirtayasa University Politeknik Penerbangan Indonesia

Assess the effect of profitability, audit report lag, audit tenure, and company size on audit
quality in LQ 45 companies on the Indonesia Stock Exchange. Employing an explanatory approach,
this study harnessed the power of panel data analysis. The analytical arsenal included the venerable
Ordinary Least Square (OLS) Regression method alongside the robust Robustness method. The
empirical data, sourced from the annual reports of LQ 45 constituents, spanned the dynamic period
of 2017 to 2021. Expected findings are profitability, audit report lag, and company size positively and
significantly affect audit quality. However, tenure audits do not have a significant impact on audit
quality. Research is limited to LQ 45 companies and the 2017-2021 time period. Results can assist
companies in managing their profitability strategies and audit policies to improve the quality of
financial statements. This study offers audit fees as a new measurement of audit quality variables, and
uses the perspective of agency theory in explaining the relationship between the variables studied.

Keywords: Audit Quality, Profitability, Audit Report Lag, Audit Tenure, Company Size

8
 Determinant of Tax Compliance Intention as Taxable Entrepreneur in Bali
I Putu Artha Satria Wibawa1
1Departement of Magister Accounting Faculty of Economics and Business, Udayana University

This study aims to examine the determinant of tax compliance intention as taxable entrepreneur
in Bali. This study develops three components of intention in Theory of Planned Behavior by raising
seven determinants to analyze the compliance intention of taxable entrepreneurs; attitudes (tax
morale, taxpayer awareness), subjective norms (tax fairness, trust in government), perceived
behavioral control (tax authority power, tax complexity, and tax information). The survey was
conducted by distributing questionnaires directly and indirectly to 100 registered taxable
entrepreneurs at all tax service offices in Bali using the proportional stratified random sampling
method, and analyzed using Smart - PLS. Based on the obtained findings tax morale, taxpayer
awareness, tax fairness, trust in the government, tax authority power, tax complexity, and tax
information were significant determinant of the Taxable Entrepreneur's Compliance Intentions. The
results of this study support and develop the theory of planned behavior in terms of value added tax.
The practical implications provide advice to each tax service office in Bali regarding the determinants
of the intention to comply with taxable entrepreneurs. This research examines the value added tax
compliance intention

Keywords: Taxable Entrepreneur Compliance Intentions, Theory of Planned Behavior, Determinants

of Intention

9
Leveraging Artificial Intelligence in Cloud Based Accounting Systems for Fraud
Prevention
Anak Agung Dwi Kristiyanthi1
1 Udayana University

The presence of cloud-based accounting is widespread for various businesses because there are
many improvisations from conventional systems, such as easy accessibility, which can cover large-
scale and real-time data that can be obtained. But there are still security challenges that arise because
the infrastructure of this system is remote. Artificial intelligence (AI) appears for those challenges.
With its algorithm, AI can process large amounts of data quickly and precisely, making it suitable for
detecting fraud in the scope of creating financial reports. AI empowers cloud accounting platforms to
proactively identify suspicious activity. This research is a qualitative method and was conducted in a
holding company that has various types. Interview techniques were conducted, and obtained the
result that the integration of AI in cloud accounting has good benefits for fraud prevention within the
company. Further research must focus on the development of AI, such as collaborative data sharing
for stronger defenses against fraud and blockchain integration to improve data integrity.

Keywords: Artificial intelligence, cloud accounting, fraud prevention

10
 The Impact Of Financial Statement Performance On The Bussiness Model
Innovation In SMES (Case Study At Mille Coffe In Pandemi Covid-19)
I Wayan Kurniawan Sadukari1
1Universitas Udayana

This study tried to now the influence of financial statement interventions on Mile Coffee's
business model adjustments during the pandemic. Employing a qualitative approach with a case
study methodology, the research involves data reduction, presentation, analysis, and conclusion. Data
is sourced from observations and literature reviews. The highest total income recorded by Mile Coffee
falls within the October 16 – November 15, 2019 period, exhibiting a substantial 19% growth,
equivalent to Rp. 44,740,000.00. Examination of the business model canvas underscores a noteworthy
transformation in Mile Coffee's strategy and business model. The pandemic prompted Mile Coffee to
diversify its product range beyond coffee, introducing food items such as toast, catering to a broader
audience. This shift deviates from solely targeting coffee enthusiasts. The business has also expanded
its scope to cater to individuals seeking relaxation, offering drinks and snacks for various purposes,
whether for work or leisure. Despite these adaptations, Mile Coffee maintains its identity as a brand
that embodies thriftiness, enjoyment, and a people-centric approach. However, the distinguishing
factor lies in its ability to deliver not only quality coffee but also a welcoming ambiance and customer-
oriented service.In the face of pandemic-induced challenges, Millennial's Es Kopi demonstrates
resilience by upholding its reputation for delivering pleasurable experiences to customers. Adapting
to evolving circumstances, they successfully attract patrons in search of a relaxed environment,
securing their sustainability and growth. The study contributes insights into the interplay between
financial reports, business model transformations, and overall business strategies, particularly within
rapidly evolving and uncertain environments, as seen during the Covid-19 pandemic.

Keywords: Financial Statement Performance, Mile Coffee, Business Model.

11
 Technology Organization Environment Factors on Cloud Accounting Adoption:
Quantitative And Qualitative Study Among Denpasar Small and Medium
Enterprises
Anak Agung Widya Adi Iswari1
1 The Faculty of Economics and Business of Udayana University

Empirically testing and delving into knowledge regarding the relationship between external
factors (Technological, Organizational, and Environmental) and the utilization of cloud accounting in
the performance of Small and Medium Enterprises (SMEs) in Denpasar. We approach this study using
qualitative and quantitative methods, wherein the qualitative aspect involves conducting interviews
with several owners. For the quantitative aspect, we distributed 100 questionnaires to SMEs in
Denpasar and processed the data using SmartLPS 3.0. The results show that relative advantage,
compatibility, owner support, organizational readiness, and competitive pressure have a significant
positive influence on the usage of cloud accounting. Similarly, the use of cloud accounting
significantly affects SMEs performance. This study is based on a few SMEs within the Denpasar
industry, with a relatively small sample size to depict the researched model. Interviews were
conducted with three informants, thus not fully exploring a broader range of perspectives. This paper
offers noteworthy practical implications and serves as a source of information for the research
community, vendors, and SME owners. It contributes to the development of improved strategies for
the adoption of cloud accounting by SMEs. This is the first known study to investigate the TOE model
in cloud accounting usage using both qualitative and quantitative methods, without limiting it to a
specific industry, as well as providing new insights into the factors influencing cloud accounting
usage.

Keywords: cloud accounting, accounting information system, TOE Framework, SMEs

12
 Tax Avoidance Analysis
Anak Agung Sagung DewiLaksmi1
1Udayana University.

This study seeks to review research on tax avoidance so that it can provide a conceptual and
practical contribution that can explain the mechanism of tax avoidance. Mechanism of this study by
reviewing the research on tax avoidance through mapping theories, variables, and research findings
using the literature review method. Based on the findings of this study, several theories used by
previous researchers to explain tax avoidance practices, including Agency Theories, Compliance
Theories, Signaling Theories, Stakeholder Theories, and Rational Theories. Agency theory is the most
common theory explaining tax avoidance through agency problems. In measuring the performance of
agents in relation to their efforts to maximize firm performance, it tends to be measured in terms of
financial performance such as profitability, sales growth, and financial distress. The depth and
sharpness of analysis are challenges and limitations in research using the literature review method.
This study seeks to provide an overview of the factors that cause tax avoidance. This research raises
the issue of tax avoidance, which is a contemporary issue that must always be relevant to the current
situation, by using compliance theory according to Allingham & Sandmo (1972) which describes the
increasing dynamics of non-compliance based on the economic side.

Keywords: Tax Avoidance, Financial Performance

13
 Determinants of Taxpayer Compliance
Ida Ayu Nadia Asawista Rajeswari 1
1 Universitas Udayana.

The purpose of this study is to obtain empirical evidence of the influence of the determinants of
taxpayer compliance. This study used a qualitative approach with the literature review method. The
results of this study indicate that service quality and taxpayer awareness affect taxpayer compliance.
The limitation in this study is the sharpness of the analysis. Research using literature reviews is still
rare, so the data that can be analyzed is still limited. This research can be taken into consideration in
making decisions when preparing tax policies that can affect taxpayer compliance. The update of this
research was conducted at the Badung Regency Regional Revenue Agency, and used the latest data
from 2018 to 2022.

Keywords: Taxpayer compliance

14
 Analysis Of E-Government: Study Of E-Bupot Unification Of
Government Institutions Adoption In Supporting Tax Compliance
(Part 1: Questionnaire Development)
Kadek Surianingsih1
1 Faculty of Economic dan Business, Udayana University

Empirical testing of the hypothetical model using data from current users of e-bupot unification
of government institutions in Bali. The survey method uses an online questionnaire via the Google
Form platform. The design of statements in the questionnaire was carried out using the literature
review method. This research is the initial stage of a series of more comprehensive studies that have
been designed. This study produced a questionnaire design that would be used for data collection and
testing a hypothetical model. This research is only limited to preliminary research for designing a
questionnaire with the literature review method. This research is expected to provide an overview to
the government in making policies to be able to improve services to taxpayers. The e-bupot unification
application for government agencies which is the object of research has never been carried out.

Keywords: e-Government, e-Bupot, Meta-UTAUT, Tax Compliance

15
The Influence of Job Satisfaction and Implementation of Organizational Culture
on Teachers' Professional Commitment at One of The Educational Foundations
in North Jakarta
Rima Chusnul Chalidjah1 and Arif Murti Rozamuri1
1Pertamina Universiy

The purpose of this study was to determine the effect of job satisfaction and organizational
culture on teaching professional commitment. This study uses a survey with a questionnaire data
collection technique and a saturated sample to conduct correlational quantitative research. Seventy
respondents made up the study's sample size. All data testing in the study was done with SPSS
Version 25, along with instrument testing and hypothesis testing. This research is expected to provide
knowledge about (a) the effect of job satisfaction on teacher professional commitment, (b) the effect of
implementing organizational culture on teacher professional commitment, and (c) the effect of job
satisfaction and the application of organizational culture on teacher professional commitment. This
research is limited to research subjects who are permanent teachers at one of the educational
foundations in North Jakarta. Findings from research are used by foundation teachers to fulfill their
duties and build a working atmosphere aimed at increasing commitment. The study's outcomes
indicated that teacher professional commitment was positively influenced by job satisfaction and the
implementation of organizational culture.

Keywords: job satisfaction, culture, professional commitment

16
 Bibliometric Anaysis on The Financial Well-Being: Scientific Mapping And
Future Research Agenda
Wayan Agung Panca P1, Ni Nyoman Reni Suasih1, Nyoman Ariana2
1 Faculty of Economic and Business, Udayana University
2Faculty of Tourism, Udayana University

Financial well-being (FWB) remains a crucial topic in research related to various science. The
study of FWB uses a bibliometric analysis approach to determine the network, overlay, and density of
several articles. The purpose of bibliometric methods is to investigate future research trends,
particularly regarding the quality of research based on citation status and the relationships between
terms in a collection of several articles. This literature review study analyzes 985 articles published
from 2010-2022 on financial well-being (FWB). Two software programs were used to obtaining
research outputs is Publish or Perish (PoP) and VOS Viewer. The results show that FWB is a relatively
new research. FWB has yet to be extensively researched compared to other research topics such as
financial behavior, financial education, financial inclusion, financial literacy, financial service,
household knowledge, poverty, education, family, financial resource, financial security, parent. the
findings of this study can serve as a justification for future research on FWB as an interesting topic to
be explored in various other fields of study. This research is only limited to the research agenda and
future research topics related to financial happiness. It is better if the next research is discussed more
deeply regarding methods, types of data, data sources, and some research results from better articles
such as Scopus. This research has implications for the emergence of several literatures that can be used
to conduct research related to FWB. Happiness research is often a theme that is associated with other
studies such as finance, tourism, psychology, nature, banking, and several other themes.

Keywords: Bibliometric, Financial well-being, Research agenda

17
 Omni-Channel Analysis in Driving Sales and Customer Experience of "Sensatia
Botanicals” Products
Ni Luh Made Vinaya Medhiatika1
1ITB STIKOM Bali

The aim of this study is to show that omni-channels are considered necessary and suitable to
run until now. One skincare product company, namely Sensatia Botanicals, has done this method. To
achieve the research objectives, the interview with Sales & Marketing Manager was conducted to meet
the data needs. The results of the interviews were analyzed descriptively so that quality answers and
discussions were obtained. The results obtained are increasing sales movement through e-commerce
but the existence of physical stores is in fact still higher when compared to online sales. However, for
brand awareness factors, product sales in e-commerce are also important. Sales promotions such as
discounts, especially flash sales, will have an impact on consumer purchasing decisions. Data collected
only from inside the company, not based on consumers’ points of view. Consistently carry out
promotions such as banner placement in a strategic place and also attractive, discounts that apply the
same on omni-channels as on twin dates, and also to create a good customer experience for consumers
who shop at the store. Management especially the sales & marketing division must quickly adapt to
certain circumstances and one of the strategies is Omni channels which still can be used today.

Keywords: omnichannel, e-commerce, digital promotion, sales, skincare

18
 Determination of Factors Affecting Dividend Policy in
Indonesian State-Owned Enterprises (SOEs) for 2011 To 2021
Putu Ayu Anggya Agustina1 and Made Ryan Ananta Putra2
1 Terbuka University, 2 Udayana University

This study examines the effect of dividend premium, free cash flow, audit delay on dividend
policy with firm size, DER, and ROA as control variables. The determination of the sample in this
study used the non-probability sampling method with purposive sampling technique so that the total
sample into 220 observed companies. This study uses multiple linear regression. The results showed
that dividend premium, free cash flow, and audit delay had a positive and significant effect on
dividend policy, and firm size, DER, ROA were able to be control variables for this direct relationship.
This research has limitations, including only using SOEs companies listed on the IDX. Another
limitation of this study only examines the influence of dividend policy factors with profitability in
2011-2021 period. The impact of this effect is that SOEs companies give a positive signal to investors
and potential investors who will invest in SOEs companies. This signal aims to increase share
ownership so that SOEs companies synergize. Audit delay had a positive and significant effect on
dividend policy.

Keywords: dividend policy, investors, SOEs

19
 Surviving the Storm: The Impact of Innovation on MSME Performance
Moderated by Entrepreneurial Skill
I Gusti Ayu Putu Wita Indrayani1, Ni Made Sri Rukmiyati1, Ni Made Suastini1
1 Politeknik Pariwisata Bali

This study investigates how innovation impacts tourism MSMEs during the Covid-19 pandemic
and the moderating role of entrepreneurial skills. This research adopts an explanatory positivist
approach and employs probability-based simple random sampling. It surveys 200 owners or
managers representing MSMEs in Bali's tourism sector, encompassing restaurants, hotels, lodges, bars,
water sports, and travel agencies. To assess hypotheses and construct an appropriate model, a
variance-based or component-based approach with Partial Least Squares (PLS) is utilized. The
research underscores the significant, positive impact of product and market innovation on MSME
performance, with entrepreneurial skills amplifying their influence. Surprisingly, no substantial
correlation was observed between process innovation and performance, suggesting that
entrepreneurial skills may not effectively moderate the relationship between them. The study's scope
remains constrained to specific MSME sectors within the expansive tourism industry, thus limiting its
generalizability. This study anticipates yielding insights into the impact of innovation on enhancing
MSME performance, with entrepreneurial skills serving as a moderating factor. This research
represents a pioneering approach by incorporating entrepreneurial skills as a moderating factor in
examining the impact of innovation on performance, an area relatively unexplored in prior studies.

Keywords: innovation, performance, MSME, resource-based view.

20
 The Role of Motivation and Financial Management in Entrepreneurship in
MSMEs in Dalung Village Badung Regency
Ni Wayan Dian Irmayani1, Desak Made Indah Paramitha Sari1, Ni Wayan Purnami Rusadi1, Ni Luh
Mayadi1, I Gusti Agung Ayu Intan Fatmayoni1
Politeknik Nasional Denpasar

MSMEs (micro, small, and medium enterprises) play a pivotal role in the economic growth of
both developing and developed countries. In the face of economic crises, such as the one experienced
by Indonesia, the resilience of Small and Medium Enterprises in weathering such challenges
underscores their significance within the business landscape. This study delves into the vital context
of micro, small, and medium enterprises (MSMEs), aiming to analyze the pivotal roles of motivation
and financial management in the realm of entrepreneurship within the context of UMKM in Desa
Dalung, Kabupaten Badung. Employing a qualitative approach, the research harnesses qualitative
data encompassing words, sentences, and images, including the conceptual framework of the study
and insights into the roles of motivation and financial management in entrepreneurship. Primary data
sources encompass respondents engaged through surveys, questionnaires, and interviews, while
secondary data derives from registered UMKMs in Desa Dalung. The research population comprises
UMKM practitioners in Kabupaten Badung, totaling 195, with a purposive sampling technique
yielding a sample of 30 UMKMs. The study's instrumentation employs validated and reliable
questionnaires employing a Likert scale with five assessment points. The research adopts a multiple
linear regression analysis method to probe the influence of entrepreneurial motivation and financial
management on entrepreneurial interest. Findings indicate a positive correlation between
entrepreneurial motivation, financial management, and entrepreneurial interest. This study provides
insights into the pivotal roles of motivation and financial management in fostering entrepreneurial
interest, particularly within the challenges of unemployment and pandemic repercussions. As such, it
contributes to a deeper understanding of the driving factors behind entrepreneurial interest within
the realm of MSMEs.

Keywords: MSMEs, micro, small, and medium enterprises, entrepreneurship, motivation, financial
management, UMKM, Desa Dalung, Kabupaten Badung, qualitative study, multiple linear regression
analysis, entrepreneurial interest, economic growth, pandemic, unemployment.

21
 The Influence of Financial Behavior on Investment Intentions in Millennial
Generation
Gusti Ayu Komang Yanti Yulansari1
1Udayana University

This study examines the impact of financial behavior on investment intentions among the
Millennial generation. Employing hypothesis testing, the study analyzes data to determine the
relationship between financial behavior and investment intentions in Millennials. The findings are
anticipated to reveal a positive and significant correlation between financial behavior and investment
intentions in the Millennial cohort. The study's limitations may include potential biases in the sample
and generalizability to other generations. The results offer insights for financial institutions and
advisors to tailor strategies that cater to Millennials' investment preferences based on their financial
behavior. This research contributes to the understanding of how financial behavior shapes investment
intentions, particularly within the Millennial demographic.

Keywords: Financial Behavior, Investment Intentions, Millennials

22
 The Effect of Perceived of Trust, Perceived Usefulness, Perceived Ease of Use,
and Perceived Security on Re-Intention in Using Ovo E-Wallet Application
L.G. Sridarmaningrum1
1Udayana University

The aim is to investigate the impact of perceived trust, usefulness, ease of use, and security on
the intention to reuse the OVO e-wallet application. The research methodology was conducted in Bali
by local researchers to analyze the impact of independent variables on the dependent variable in OVO
usage. A purposive sample of 80 OVO users was chosen. Data were collected through Likert
questionnaires and analyzed using SPSS for validity, reliability, classical assumptions, and multiple
linear regression. Expected findings from this study explore the relationship between technology
acceptance factors (trust, usefulness, ease, security) and e-wallet adoption. Using TAM, trust
influences adoption, emphasizing its importance along with usefulness and ease. The focus is on the
OVO e-wallet for business development insights. The research indicates that trust, usefulness, ease,
and security factors influence the intention to reuse the OVO application. Enhance design, promotion,
strengthen trust, and enhance security features for re-use intention. This research reveals the practical
value in understanding the impact of trust, usefulness, ease, and security on OVO's re-use intention.

Keywords: Trust, Usefulness, Ease of Use, Security.

23
How Social Media Marketing Platform of Instagram Affect Brand Loyalty Within
The E-Commerce Industry Mediated Through Brand Awareness and Brand
Image
Calvin Fernandes1, Tinjung Desy Nursanti1
1Bina Nusantara University

To identify how activities carried out on social media of Instagram affect brand loyalty,
mediated by brand image and brand awareness. This study used a quantitative method which was
collected through questionnaires. There were 150 respondents in this study who were Instagram users
who followed e-commerce social media and used e-commerce in Indonesia. The data was processed
using AMOS 22.00 software. Findings that expected in this study are social media marketing has a
positive and significant effect on brand image, brand awareness, and brand loyalty; brand image as
well as brand awareness has a significant and positive impact on brand loyalty, and brand awareness
has a significant and positive impact on brand image; social media marketing has a significant indirect
effect on brand loyalty through brand awareness and brand image. This study only focuses on
Instagram as a platform for social media marketing; and limitations of research variables to three key
components. Social media marketing has been found to have a positive impact on brand image,
enhance brand awareness and foster brand loyalty. The study begins with a review of prior studies in
this area and then propose several hypotheses to be discussed related to social media marketing.

Keywords: Social media marketing, Instagram platform, Brand Image, Brand Awareness, Brand
Loyalty

24
The Influences of External and Internal Factors to Operational Performance; The
Role of Sales Strategy and Operational Control as Mediation and Moderation
Variables (Study on Pharmaceutical Wholesalers Companies in Bali Province,
Indonesia)
Komang Agus Satria Pramudana1, Ni Nyoman Kerti Yasa1, Ni Wayan Ekawati1, Putu Yudi Setiawan1
1 Faculty of Economics and Business, Udayana University

Pharmaceutical distribution companies or also known as PBF (Pharmaceutical Drug

Wholesalers) play an important role in the distribution of pharmaceutical products in Indonesia.
Without the role of PBF, the drug will not reach the patients from the manufacturer. The PBF
appointed by the manufacturer to distribute the product, has operational performance targets that
must be achieved. However, like other businesses, PBF operational performance is also affected by
external factors, such as the COVID-19 pandemic, government regulations and competition intensity.
The impact of internal factor such as limited company resources is also investigated on in this
research. This current study tries to explore the impact of external factors, those are: the pandemic of
COVID-19, government regulations, competition intensity and internal factor that is company’s
limited resources to PBF operational performance. Sales strategy is also used as mediating variable
from external and internal factors to operational performance, thus operational control as moderating
variable from sales strategy to operational performance respectively. Data collection was obtained by
questionnaires and interviews with 44 PBF operational leaders in Bali, Indonesia. The data collected
processed using Smart PLS 3.0. The result shows that the COVID-19 pandemic, government
regulations, competition intensity and company’s limited resources have negative impact to
company’s operational performance. Sales strategy serves as mediating variable from external and
internal factors to operational performance. Operational control plays a significant role in moderating
sales strategy and operational performance. The theoretical implication of this research is to
strengthen The Contingency Theory which states that the business environment, strategy, and control
are three important contingency factors that have a correlation between them. The results of this study
also strengthen the concept of Transaction Cost Theory which states that the relationship between the
parties in a transaction is not only limited to a buying and selling dichotomy, but is also associated
with rights and obligations which is poured into a very detail agreement. The operational
performance required by the principal to PBF is also included in the agreement and PBF should strive
to achieve that operational performance.

Keyword: COVID-19, government regulations, intensity of competition, sales strategy, operational

25
 Does Intellectual Capital Affect To Performance? Evidence From Islamic Banks
In Indonesia
Mochamad Romdon1, Resmi Afifah Fadilah1
1Garut University

The purpose of this paper to investigate the effect of Intellectual capital on the performance of
Islamic banking in Indonesia. These study from Indonesia Islamic bank during 2019-2020, which was
selected based on before and during covid19 and using regression analysis. Expected HCE and RCE
has a positive effect on banking performance. IBs in Indonesia need to invest more in structural capital
and relational capital. So the results are in line with the principle of resource-based view, namely a
company can achieve competitive advantage by relying on resources so as to be able to direct the
company to be sustainable continuously. This research only focuses on Indonesia. Secondly, the short
study period. and thirdly, this study only uses several Islamic banks in Indonesia. For further research,
it is hoped that it will be able to examine in a broader scope so that the results provided are more
comprehensive. IB managers need to retain ICE resources as they are the main drivers of competitive
advantage as well as increased bank productivity. This study uses data during Covid19 to determine
banking resilience and performance and use Non-Performing Financing (NPF) to measure improving
the quality of financing.

Keywords: Intellectual Capital, Islamic Bank, Performance

26
The Effect of Financial Literacy and Financial Inclusion on Investment Interest In
Students in Bandung City
Ernis Tria Puspita1, Mirza Hedismarlina Yuneline1
1Sekolah Tinggi Ilmu Ekonomi (STIE) Ekuitas

This study aims to determine the effect of Financial Literacy and Financial Inclusion on
investment interest from student perceptions. The objects studied in this study were students in the
city of Bandung. The method used in this research is descriptive and verification method with a
quantitative approach, and the data collection technique used is distributing questionnaires to 100
respondents who study in the city of Bandung. Data analysis techniques used include descriptive
analysis test, classical assumption test, multiple linear regression analysis, coefficient of determination
and hypothesis testing. The results of this study indicate that student investment interest in the city of
Bandung is in the middle category. financial literacy and financial inclusion have a significant effect
on investment intention partially . And simultaneously financial literacy and financial inclusion have
a significant effect on student investment interest. Financial literacy and financial inclusion affect
investment interest by 51.4%, while the remaining 48.6% is thought to be influenced by other variables
not examined in this study.

Keywords : Financial Literacy, Financial Inclusion, Interest in Investment.

27
Digital Content Marketing Strategy Analysis of Company Existence In Realizing
Competitive Advantage
Fico Abiyu Taufiq1, Muhammad Ridwan Basalamah1, Arini Fitria Mustapita1
1Universitas Islam Malang

This research to analyze digital content marketing strategies to sustain business by gaining
competitive advantage in event organization Elbond Education. This study uses qualitative research
method. The data collection method in this study used interview, observation and documentation
techniques. The analytical technique in this study uses data-condensation analysis techniques to
streamline data, increase efficiency, and facilitate interpretation when processing data. In this study,
the researchers wanted to know the impact of digital content marketing on increasing sales,
maintaining the company's existence, and outperforming competing companies. Limitations of this
study include subjectivity that exists among researchers. This study relies heavily on the researcher's
interpretation of the implicit meaning of the interview, so the bias bias persists. The practical
implication of this study, based on the research done, Elbond Education should add permanent staff
to help the marketing manager, with the addition of staff, can target the job description of each
employee. Develop and analyze this research more deeply, so that new phenomena can be optimally
mastered.

Keywords: Digital Marketing, Existence, Competitive Advantage

28
 A Community System-Based Tourism Model for Sustainable Rural Tourism
Governance: Case Study of Bali
I Putu Mertha Astawa1, I Made Wardana1, I Putu Gde Sukaatmadja1, Tjokorda Gde Raka Sukawati1
1 Faculty of Economics and Business, Udayana University

The study examines the multifaceted relationship between Indigenous Community System
(ICS) values and tourism practices. The study utilized a qualitative research design, which is well-
suited for exploring complex social phenomena and understanding the intricate relationships between
ICS values and sustainable tourism development. The data collected by semi-structured interviews
were conducted with a diverse range of stakeholders; participant observation; and review of relevant
documents. The study finds that the integration of ICS values into tourism development offers a
pathway towards responsible and authentic tourism experiences. By embracing these values, Bali and
similar destinations can create a tourism model that respects local customs, fosters environmental
stewardship, and enhances community well-being. This study is limited to the context of Balinese ICS
values, may not be directly applicable to other regions. Tourism development strategies should align
with ICS values to ensure cultural preservation and community empowerment. This study
contributes to the existing literature by providing of the integration of Indigenous Community System
(ICS) values into tourism development.

Keywords: Indigenous Community System (ICS), traditional village, sustainable rural tourism, CBT

29
 Institutional Ownership and Firm Value: A Literature Review
Ketut Arya Bayu Wicaksana1, Ida Bagus Anom Purbawangsa2, Luh Gede Sri Artini2, Ica Rika
Candraningrat2
1Bali State Polytechnic

2 Faculty of Economics and Business, Udayana University

This article aims to understand each relationship and develop future research on institutional
ownership and firm value. This study is a literature study using Google Scholar dan Scopus data base
to collect articles investigating institutional ownership toward firm value. The articles then review and
group base on their finding. There are four views on the relationship between institutional ownership
and firm value: linear positive, negative linear, no relation, and an inverted U shape. This study used
data obtained from Google Scholar and Scopus data based, which only cover a fracture of the research
database avalaible. This article proposes future research to add a moderating or mediating variable,
using measures other than Tobin’s Q. A similar study can be carried out in developing countries
because of the low level of investor protection. This study discuss finding of previous research on
institutional ownership effect on firm value consist of four views on the relationship between
institutional ownership and firm value: linear positive, negative linear, no relation, and an inverted U
shape.

Keywords: Agency Theory, Firm value, Institutional ownership

30
Business Process As Live Streaming Host: A Source of Income in The Digital Era
Ni Kadek Ida Isha Pahlawan1
1Udayana University

The purpose of this research is to provide business processes for live-streaming host as a source
of income in the digital era by using the TikTok Shop application. The methodology for this study is
a qualitative research approach. The qualitative method is a research method to study the state of
natural objects, where the researcher is the key instrument. The data collected from several articles
was used as a reference to obtain information about related issues. This study succeeded in finding
business processes as a live streaming host. This service opportunity as a live streaming host can be
utilized as income in the digital era. The data were also collected using several articles. However, it
would be more accurate if examined directly by the interviewees. The results of this study can be used
by the public as an idea for a source of income in the digital era. This study represents a worthy attempt
to provide a business process for live-streaming host as a source of income in the digital era on the
TikTok Shop application.

Keywords: business process, live streaming host, income in digital era.

31
 The Influence of Shopping Enjoyment, Risk Percetion, and Customer
Engagement to Online Impulsive Buying on Marketplace
Yusuf Maskur Fatoni, Vera Desy Nurmalia1
1Universitas Teknologi Yogyakarta

This study aims to analyze the effect shopping enjoyment, risk perception, and customer
engagement to online impulsive buying on marketplace. This research is quantitative descriptive. The
sampling technique was carried out using a purposive sampling method with a total of 100
respondents. The data source of this research is primary data. Data collection techniques in this study
used a questionnaire distributed through google form and has been tested for validity and reliability.
The results of the data analysis that has been carried out show that partially shopping enjoyment and
customer engagement positive effect on online impulsive buying on marketplace. But the perception
of risk has no significant effect on online impulsive buying on marketplace. Together shopping
enjoyment, risk perception, and customer engagement positive effect on online impulsive buying on
marketplace. The results of this study are only valid for certain populations and times, the study
sample does not represent the entire population, and online sample collection so data bias may occur.
The results of this study are used as input for marketplace companies in improving themselves in
terms of shopping enjoyment, risk perception, and customer engagement in order to increase online
impulsive buying. This research is able to explain that shopping enjoyment and customer engagement
have a positive and significant effect on online impulsive buying, but perceived risk does not have a
significant effect on online impulsive buying.

Keywords: Shopping Enjoyment, Risk Perception, Customer Engagement, and Online Impulsive
buying.

32
Analysis of Quality Profit Based on Type Of Leaders in Companies Listed on The
Indonesia Stock Exchange
Ni Kadek Erina Purnamasari Dewi1, Ni Putu Erviani Astari2, Ni Kadek Eka Jayanthi1
1Udayana University
1 Dhyana Pura University

Financial reports act as a means to communicate financial data that is connected to the
achievement of an entity's performance.In this research, the data analysis method applied is multiple
linear regression analysis technique.Companies listed on the Indonesia Stock Exchange between 2018
and 2021 show variability in earnings quality as measured by the earnings response coefficient (ERC).
The analysis shows that ERC tends to increase from year to year in companies led by owner directors
and professional directors. Even though there are fluctuations, this increase indicates better earnings
quality. Furthermore, the results of this study reveal that companies with boards of directors
consisting of professional directors tend to have higher earnings quality compared to companies that
are dominated by owner directors. Earnings quality is measured in the company's ability to generate
profits that are consistent and sustainable in the long term. In this case, the professional director's role
in improving earnings quality proved to be more successful than that of the owner director. The
important role of the board of directors in achieving quality earnings also reflects its influence on
investors and parties who have an interest in decision making. This finding can be related to the
agency concept, where better profit performance can motivate better decision making. The results of
this study provide a clearer view of the role of the board of directors in managing a company and its
impact on earnings quality. This finding can be related to the agency concept, where better profit
performance can motivate better decision making. The results of this study provide a clearer view of
the role of the board of directors in managing a company and its impact on earnings quality. This
finding can be related to the agency concept, where better profit performance can motivate better
decision making. The results of this study provide a clearer view of the role of the board of directors
in managing a company and its impact on earnings quality.

Keywords: Financial Statements, Profits, Indonesia Stock Exchange, Multiple Analysis

33
The Costumer Satisfaction Roles in Costumer Satisfaction Affect The Quality Of
Service Costumer Loyalty
Ati Fitriani Sihombing1, Meitiana1, Vivy Kristinae1
1 Faculty of Economics and Business, University of Palangka Raya,

Customer loyalty is a very important aspect, therefore efforts are needed to increase customer
loyalty by using several supporting aspects such as improving service quality so that customers are
satisfied. This study aims to determine the effect of service quality on customer loyalty mediated by
customer satisfaction. This research is a quantitative research. The samples obtained in this study used
simple random sampling. The number of samples used in this study were 110 samples. The data
analysis method used is the Partial Least Square (PLS) approach. The results of the study stated that
the first hypothesis was significant from the t-statistic value of 2.908 > 1.96 and the p-value of 0.016
<0.05. These results prove that there is a role for customer quality in creating customer satisfaction
to increase customer loyalty. The second hypothesis is significant from the t-statistic value of 1.876 >
1.96 and the p-value is 0.007>0.05. These results prove that there is a role for customer quality in
creating customer satisfaction in increasing customer loyalty. The three significant hypothesis of the
t-statistic value is 2.275 > 1.96 and the p-value is 0.018 > 0.05. These results prove that, the role of
customer satisfaction is very good in increasing customer loyalty.

Keywords: Costumer Satisfaction, Costumer Loyalty, Quality of Service

34
 How To Create A Sustainable Business in Hotel Industry Through Going
Concern Principle During The Covid-19 Pandemic: A Phenomenological
Research
Ni Wayan Sarasati1, Ni Wayan Yantiari1
1 Udayana University

This study aims to design how to create sustainable business in hotel industry in Bali through
going concern principle. Primary data were obtained by means of in-depth interviews. This research
is a qualitative research, interpretive paradigm using a phenomenological approach. The population
of this research are interested parties in the three hotels where to ensure the depth of the information
obtained, 3 research informants will be selected consisting of hotels General Manager Assistant,
Accounting manager, Director of Finance. The dominant sustainable practices in hotels are
implemented in the purchasing, housekeeping, food and beverage and also finance departments.
Sustainable accounting practices are carried out through green accounting during the Covid-19
Pandemic. The Finance and Hotel Management Division maintains business continuity and maintains
the company's going concern through funding, budgeting and strategic planning. The executive or
hotel management realizes the importance of going concern principle to survive during the Covid
Pandemic, and actualizes it in the form of a sustainable business design. This research cannot be
generalized for all hotel sizes in Bali. Most Small and Medium Enterprises (SMEs) hotels in developing
countries are less familiar and have different capabilities with how to react and survive in the
conditions of the crises. It is critical for hotels to invest in sustainable strategies to minimize costs,
serve society and business. Providing discussions on sustainability business and the application of the
principle of going concern in hotels in the midst of the COVID-19 pandemic

Keywords: hotels, sustainability, sustainable practices.

35
 Analysis of Customer Satisfaction and Knowledge Sharing in Optimizing
Promotion of Souvenir Marketing at Bukit Tangkiling Tourism, Central
Kalimantan-Indonesia
Vivy Kristinae1, Nata Tuah1, Meitiana1, Roby Sambung1
1 Faculty of Economics and Business, University of Palangka Raya

Research in the field of marketing management to optimize the formulation of promotions from
customer satisfaction and knowledge sharing in realizing the economic welfare of local product
business actors. The research was conducted that has a culture with batik products as an aesthetic
regional icon in meeting customer needs. Batik has an appeal and philosophy which is a cultural
heritage, economically it has value-added products to advance the region from increasing income.
SDL research theory in providing a strategy to improve service quality in terms of promotion based
on customer needs. The research was conducted on 100 batik entrepreneurs in Wisata Bukit
Tangkiling, Palangka Raya, Central Kalimantan, Indonesia. This type of quantitative research with
statistical tools is the Partial Least Square (PLS) approach. The results of the study stated that the first
hypothesis was significant from the t-statistic value of 2.371 > 1.96 and the p-value of 0.01 <0.05.
The second hypothesis is significant from the t-statistic value of 2.146 > 1.96 and the p-value is 0.00
<0.05. The implications of the research as a marketing strategy in increasing the income of local
product business actors, from optimizing marketing promotions for the economic welfare of business
actors.

Keywords: Customer Satisfaction; Knowledge Sharing; Promotion Formulation; Batik Products

36
The Impact of Cashless Payment on Improving Customer Retention: The Role of
Trust and Customer Satisfaction
Neta Belliawan Nikmah1, I Made Sukresna1, Orienta Erza Prasetya1
1 Master of Management Faculty of Economics and Business Universitas Diponegoro

This study aims to analyze the role of cashless payment, trust, and customer satisfaction in
improving customer retention at Surya Laksana Swalayan in Grobogan, Central Java, Indonesia. The
study uses 160 respondents as a sample and they are selected using a purposive sampling technique.
This quantitative research employs Partial Least Square (PLS) to analyze the data. Expected cashless
payment, trust, and customer satisfaction contribute to improving customer retention. This research
limitations are small sample size and a limited scope of the research variables. Future research should
cover such limitations Surya Laksana Swalayan could emphasize the enhancement of trust in the
usage of cashless payment to increase its customer retention. The research mostly benefits Surya
Laksana Swalayan in considering the value of cashless payment.

Keywords: Cashless payment, trust, customer satisfaction, customer retention

37
 The Influence of Information Communication Technology (ICT) Based Digital
Marketing and Price Perception on Increasing Sales Volume of Food and Beverage
MSMEs in Palangka Raya City
Pesta Devianti Sihombing1, Danes Jaya Negara1,Aston Pakpahan1
1 Faculty Economics and Business, Universitas Palangka Raya

In the digital era that continues to experience development, the use of digital marketing has
become the main pillar of the marketing strategy for various types of businesses. This research was
conducted to determine the effect of Digital Marketing based on Information Communication and
Technology (ICT) and Price Perceptions on increasing the sales volume of Micro, Small and Medium
Enterprises (MSMEs) in Palangka Raya City. Through a quantitative approach, data is collected
through a survey of MSME owners in the culinary sector. The samples obtained in this study used a
non-probability sampling technique with a purposive sampling method. The number of samples used
in this study were 50 samples. Regression analysis is used to identify the impact of digital marketing
variables and price perceptions on MSME sales volume using the Partial Least Square (PLS) approach.
The results of the study prove that optimal use of digital marketing is very good as a driving force in
increasing MSME sales volume. 1. The effect of Digital Marketing in increasing sales volume with a t-
statistic value of 2.908 > 1.96 and a p-value of 0.016 <0.05. 2. The effect of price perceptions in increasing
sales volume with a t-statistic value of 1.876 > 1.96 and a p-value of 0.007 <0.05.

Keywords: Digital Marketing, ICT, Persepsi Harga, Volume Penjualan

38
 The Influence of Leadership Style, Work Environment and Work Motivation on
Employee Job Satisfaction in Contractor Companies in West Java
M Adriansyah1, Arif Murti R1
1 Pertamina University

This study discusses the influence of leadership style, work environment and work motivation
on employee job satisfaction with the phenomenon that occurred in this contractor where there was a
decrease in employee job satisfaction caused by several factors. This refers to the leadership style,
work environment and work motivation applied by employees. This research is incorporated in
survey research, using quantitative methods with a causal research design. As well as using the census
method in determining the sample. The questionnaire is used as the main instrument of this research.
The results of the study show that leadership style has no and no significant effect on employee job
satisfaction, the work environment has a significant and significant effect on employee job satisfaction
and work motivation has a significant and significant effect on employee job satisfaction.
Simultaneously leadership style, work environment and work motivation affect employee job
satisfaction.

Keywords: Leadership Style, Work Environment, Work Motivation, Job Satisfaction

39
 Factors Affecting the Income of Kumbasari Market Traders
Adek Wahyu Diantari Wangsa1
1 Udayana University

The trade sector is one of the sectors that supports the pace of economic growth in Bali, which
is experiencing a slump due to the COVID-19 pandemic. The traditional market is one that has an
influence in the trade sector. Denpasar City is the economic center of Bali, where there are many
traditional markets that have been affected by the COVID-19 pandemic, which has resulted in a very
sharp decline in the income of traditional market traders. The study was conducted to analyze the
effect of the variable length of business, working hours, business location, and e-commerce on the
income variable of traders in Kumbasari Market, Denpasar City. The research location is Kumbasari
Market using the Proportionate Stratified Random Sampling method with 88 samples. The analysis
technique used in this research is multiple linear regression. The results showed that the length of
business, working hours, business location, and e-commerce simultaneously had a positive and
significant effect on the income of traders. Partially the length of business and working hours have no
effect on the income of traders. Meanwhile, partially, business location and e-commerce have a
positive and significant impact on merchant income.

Keywords: Income, Length of Business, Working Hour, Business location, E-Commerce.

40
 How to Organize Further Research on Strategic Flexibility and Sustainable
Competitive Advantage in SMEs
Ni Putu Santi Suryantini1, Ni Wayan Diah Kemaladewi1, Ni Komang Deepa Shanti Dewi1
1 Udayana University

This study aims to conduct a bibliometric analysis of the peer-to-peer lending literature
published in Scopus-indexed journals from an economic and business perspective. Data is
processed and analyzed using VOSviewer software. To the author's knowledge, this is the first
paper to carry out a bibliometric analysis of the literature on strategic flexibility, and
sustainable competitive advantage for SMEs using VOSviewer. This systematic literature
review provides a comprehensive picture of strategic flexibility and sustainable competitive
advantage for SMEs in the future.
This study identifies research and publication trends in the Scopus database in the last
decade. The results of the study show that currently, these three topics are very important
publication topics, mainly how organizations deal with market turbulence, competitors, and
even a pandemic. The results of the analysis show that topics related to strategic flexibility, and
sustainable competitive advantage for SMEs are collaboration, innovation performance, and
absorptive capacity. The direct benefit of this research is providing input for stakeholders,
entrepreneurs, SMEs, researchers, and policymakers in identifying essential issues related to
strategic flexibility, and sustainable competitive advantage for SMEs, and providing directions
for further research.

Keywords: strategic flexibility, sustainable competitive advantage, SMEs.

41
 Female Labour Productivity: Visualization and Bibliometric Analysis
Kadek Riska Aprilia Dwijayanti1
1Faculty of Economics and Business, Udayana University

This research uncovers trends and insights for increasing the productivity of women's
workforce, driving economic growth and social progress in a sustainable manner. This study uses
bibliometric analysis to explore the literature related to female labor productivity in the context of
improving quality of life, economic growth, and social development. Through the use of the Google
Scholar database and the PoP method, we identify and analyze relevant scientific publications.
Research shows that investing in education, effective workplace management, training, and
motivation can increase the productivity of the female workforce. The results of the bibliometric
analysis reveal research trends on women's participation in the formal and informal sectors, the role
of technology in empowering women, and policies for work-life balance. The time period for literature
searched in the Google Scholar database is from 2010 to 202. Provide insights to increase the
productivity of women's workforce in various sectors and policy support. Originality/value: Offers
insight into trends and research focus in increasing female labor productivity for sustainable economic
and social progress.

Keywords: female workforce, productivity, women, female labour productivity, blibiometrics

42
 Determinants of Digital Devide: Systematic Literature Review
Anak Agung Sagung Intan Prativi Setiawan1
1 Udayana University

The digital divide is not a new issue, but it remains a fruitful research topic because of its impact
on society and economic development. The purpose of this study is to identify the determinants of
digital divide and provide information to those who need and the policy makers to take the right
policies that can narrow the digital divide. This study uses a systematic literature review using the
PRISMA method (Preferred Reporting Items for Systematic Reviews and Meta-analysis) to cover the
main contributors to the development of digital divide topic and explore their study results. The
determinants of the digital divide. This research using Google Scholar and Elsevier as databases from
2004 to 2023. Practical implications: The results are useful in future research on the digital divide, and
provide information on what to investigate further. Although there has been some research on the
digital divide, there is little research on the digital divide literature review. This paper fills in some of
these gaps. In addition, to increase research on the digital divide, and to find out what should be
further researched on the determinants of the digital divide that are still rarely researched.

Keywords: Digital divide; Literature review; Future research

43
 Systematic Literature Review: Study of The Existence of Environmental Kuznet
Curve in ASEAN Countries
Anak Agung Sagung Paramita Devi1
1Udayana University

The objective of the study is to examine the existence of the Environmental Kuznets Curve
(EKC) phenomenon in ASEAN countries. This study uses systematic literature review using PRISMA
(Preferred Reporting Items for Systematic Reviews and Meta-analyses) method. Expected Findings:
Environmental Kuznets Curve (EKC) phenomenon does exist in ASEAN countries. Research
limitations/implications: Literature sources is limited, taken from Elsevier and Google Scholar
databases in 2012-2023. The screening results of the literature review concluded that the EKC
hypothesis in some cases is proven but the results of other studies mostly state that the hypothesis is
not proven in each ASEAN country. To complement the findings of previous studies, further research
is needed, one of which can be done by adding government policy variables regarding economic and
environmental balance.

Keywords: environmental kuznets curve; economic growth; systematic literature review

44
 Tourism to Improve Economic Growth and Sustainable Development: A
Visualization And Bibliometric Study 2017 – 2022
Adelheid Elisabeth Loda1
1Udayana University

The purpose of this study was to review the relevant literature from a collection of articles and
to investigate future research trends. This research is a type of literature review to analyze 500 articles
published from 2017-2022 on Tourism, economic growth and sustainable development. In obtaining
research outputs using the help of two software, namely Publish or Perish (PoP) and VOS Viewer.
Interdisciplinarity of Research In the analysis of "POP," it is expected that there will be interdisciplinary
linkages in research on the relationship between sustainable development and tourism. Data
Limitations, Coverage Limitations, Data Bias that can affect the interpretation of suboptimal research
results. The results of this study can be a justification for conducting future research, that Tourism
sustainable as one of the interesting topics researched with various other fields of science. The result
of the updating found in this literature study is the discovery of various terms related to the main term,
namely sustainable tourism.
Keywords: Tourism, Economic Growth, Sustainable Development, Blibiomentric

45
 Systematic Literature Review : Agrotourism Development
I Putu Herry Mahendra Putra1
1 Fakultas Ekonomi dan Bisnis Universitas Udayana

This literature study purposes to understand the ways in which stakeholders participate in the
development of agritourism. This research uses systematic literature review method by collecting
research results from 200 journals of agrotourism development published from 2010-2017 by looking
at methods, variables, and topics. This method allows researchers to choose, evaluate and interpretation
by looking at journals and publications used Public or Perish (PoP) and Google Scholar. Research
conducted by systematic literature review expects what variables and analysis are appropriate to use
in agrotourism development research. This research also explains what phenomena can be researched
from the summary of journals that have been found by researchers. Systematic Literature source is
limited, taken by Google Scholar used Public or Perish (PoP) in Scholar database 2010-2022. The results
Systematic Literature Review analysis, variabels recommended for research there agrotourism
development and analysis recommended there multiple linear regression. The another researcher can
be used more variables and analysis to research of the agritourism development.

Keywords: Agrotourism, agrotourism development, tourism, systematic literature review

46
 Analysis of Investment And Labor in The Mining Sector and Government
Expenditures On Economic Growth and Employment
Prince Charles Heston Runtunuwu1, Jay Rajasekera2
1Khairun University

2Tokyo International University

The aim of this research is to find out how PMDN investment and labor in the mining sector
influence economic growth and employment opportunities in East Halmahera Regency. This research
uses path analysis method, classical assumption test, coefficient of determination and t test and uses
secondary data obtained from the Central Bureau of Statistics (BPS) of East Halmahera Regency and
the Investment Coordinating Board. The results of this study were obtained from the results of
econometric analysis after being processed using SPSS version 25 as a statistical test tool which partially
shows that: (1) PMDN investment and labor in the mining sector have a significant effect on economic
growth (2) ) government spending has no significant effect on economic growth in East Halmahera
Regency; (3) PMDN investment and government spending have no significant effect on employment
opportunities; (4) Labor and economic growth partially have a significant effect on employment
opportunities. This case studies analyze the influence of PMDN investment, mining sector labor and
government spending on economic growth and employment opportunities was conduct in East
Halmahera Regency north Maluku, not all the region and only take periode 2012 until 2021. PMDN
investment and labor in the mining sector have a significant effect on economic growth. Government
spending has no significant effect on economic growth in East Halmahera Regency. PMDN investment
and government spending have no significant effect on employment opportunities. Labor and
economic growth partially have a significant effect on employment opportunities. Analyzing The
Relationship Between Investment and Labor In The Mining Sector And Government Spending on
Economic and Labor Growth.

Keywords: (Domestic Investment, labor, government spending, Economic growth, Job opportunities)

47
 Financial Literacy For MSMEs: Visualization and Bibliometric
Ni Luh Tesi Riani1
1Udayana University

Financial literacy is a series of processes or activities to increase people's knowledge, skills and
confidence to be able to manage personal or business finances better. This research is a literature review
with a bibliometric approach to compile a science mapping of literature on financial literacy for MSME
actors. Bibliometric analysis was carried out on literature collected through the PoP application on the
Google Schoolar database. Financial literacy research is currently more dominantly focused on financial
services, financial literacy education, financial literacy, financial planning, financial management,
financial crisis, financial attitude, financial management behavior, and digital financial literacy. So that
in the future topics related to financial literacy such as digital payments, payment integration systems
using qrish, ease of transactions between countries and the relationship between financial literacy and
financial inclusion are urgently needed in ensuring financial access for all levels of society in a fair and
equitable manner.

Keywords: Financial Literacy, digital, MSMEs, Bibliometrics

48
 The Impact of Realization of APBD Revenue on the Financial Performance of
Regional Apparatus Organizations in Badung Regency
(Case Study at the Office of Cooperatives, SMEs and Trade in Badung Regency)
Ni Wayan Asri Pradnyani1
1Udayana University

This study aims to assess the influence of actual APBD revenue realization on the financial
performance of regional apparatus organizations, focusing on the Office of Cooperatives, SMEs, and
Trade in Badung Regency.Qualitative data, including interviews, schemes, and images, is used to
explore the impact of APBD revenue realization on the performance of the Office of Cooperatives,
SMEs, and Trade. Primary and secondary data are collected through observation, interviews, and
documentation. The study anticipates discovering strategies to enhance performance, such as MSME
coaching, exhibitions, online training, collaborations with universities, health assessments, cost-cutting
measures, and market stabilization. The research is limited to the Office of Cooperatives, SMEs, and
Trade, potentially overlooking contributions from other departments to APBD revenue. Implementable
recommendations include prioritized budget allocation and rationalization within the Office of
Cooperatives, SMEs, and Trade. This research introduces a comprehensive approach encompassing
APBD optimization, priority-based allocation, MSME empowerment, efficient assessment, consumer
protection, program innovation, and inter-sector collaboration.

Keywords: APBD, financial performance, strategy, innovation.

49
 Women in the COVID-19 Pandemic: Analysis of Family Economic Resilience of
MSME Actors in West Denpasar District

Anak Agung Rika Prahastiwi1

1Universitas Udayana

MSMEs are assets that are owned to strengthen the foundation of the regional economy. The
United Nation Report (2020) states that MSMEs in the trade sector provide benefits for women in the
post-COVID-19 recovery period. Not for women SMEs in Bali. Supported by the characteristics of
Balinese women who work hard, with a high work ethic, are in a culture if work is yadnya. The
recommendations of this research are: to examine how the economic resilience of women's SMEs in the
face of the COVID-19 pandemic in West Denpasar District. The population is all MSMEs in Denpasar
City with a non-proportional simple random sampling technique. Data analysis techniques used
include descriptive analysis and binary logistic analysis. The results showed that the family economic
resilience of female MSME actors in West Denpasar District had stronger economic resilience than men.
Apart from having a high work ethic, women tend to be more innovative and creative in overcoming
economic conditions. The implications of the results of policy studies related to MSMEs are more
gender responsive.

Keywords: COVID-19, gender, microeconomic analysis of economic development.

50
 Circular Bioeconomy in Europe Based on Bioenergy : A Short Overview
Deodata Leela1, Elisa Kusrini2, Nur Wening1, Syukri M. Nur3
1University of Technology Yogyakarta
2Indonesia Islamic University

3Graduate School of Renewable Energy

This article intends to cover about current developments and the future outlook of circular
bioeconomy in Europe that concerned about bioenergy as its main resources. This paper focuses of
knowledge and merging a research analysis and the current statement condition based on the literature.
Bioenergy as the main source of renewable energy in Europe which is known as primary energy
production is expected to help the problem of environmental issues, especially to develop the concept
and strategy of a circular bioeconomy. The scope of discussions is about circular bioeconomy based on
bioenergy only in Europe countries. The value of this paper lies in its bioenergy potential and enactment
to be used within analytical practice in the field of policy initiative and legal environment during the
entire research process. The overview framework presented here is a methodically approach to the
study of potential bioenergy resources and implementation of circular bioeconomy.

Keywords: bioeconomy, circular bioeconomy, bioenergy, sustainability

51
 Indonesia Social Progress: The Role of Access to Basic Education in Alleviating
Poverty Trap
Andi Ahmad Haidir1
1Udayana University

This research aims to examine the role of access to basic education in alleviating poverty trap
in Indonesia with the social progress perspective. This research is based on the Amartya Sen approach
of capability deprivation. We used educational data from the BPS (Badan Pusat Statistik) in 2022 from
34 provinces in Indonesia. The data was used to construct a social progress index. The index of access
to basic education then regressed with other variables that relevant to capability deprivation. Access to
basic education, happiness, and democracy positively reduce poverty, while health inequality and
crime rate increase it. Basic education has the strongest impact, emphasizing its crucial role in breaking
the poverty cycle. Limited single-time data hampers generalizability. Replicating across years is needed
to verify relationships' robustness and consistency. Analysis confirms access to basic education has
significant impact on poverty. Enhancing access is vital for policymakers to prioritize poverty
reduction. Research emphasizes Social Progress Index's value for comprehensive development
assessment, beyond GDP. Policymakers should use its indicators to guide poverty and education
policies in Indonesia and similar nations.

Keywords: Social Progress, Poverty Trap, Access to Basic Education

52
 Analysis of The Development of Small And Medium Enterprise
Increasing Economic Growth as an Effort to Elevate Poverty
and Unemployment in Klungkung Regency
Putri Anggreni1, Ni Wayan Suartini1
1Mahendradatta University

National economic growth is largely determined by the dynamics and development of the
regional economy, while the regional economy is generally supported by small and medium-sized
economic activities. Business units that fall into the category of Micro, Small and Medium Enterprises
(MSMEs) are an important determinant of regional and national economic development. The Micro,
Small and Medium Enterprises (MSMEs) sector is a business that is resilient in the midst of the
economic crisis that has occurred. This research uses a descriptive method of analysis with an
qualitative approach. The source population is the SMEs in Klungkung Regency with a total sample
size of 396 out of 35,762 existing SMEs distributed in different types of SMEs. The data collection
technique uses the interview method with the data analysis technique using deduction logic, by
comparing the theories behind the problem. From the data collected, it is concluded that the
development of SMEs in Klungkung Regency is able to become a driving factor in the economic growth
of the region and has a positive impact on labour absorption in the effort to alleviate poverty in
Klungkung Regency.

Keywords: UMKM, economic growth, employment.

53
 Achievement of Indonesian Sustainable Development Using Multimoora
Analysis
Ni Kadek Eka Jayanthi1

1Udayana University

Sustainable development is a concept that becomes every country. Indonesia is an interesting

country to study in terms of sustainable development, where Indonesia's vast territory tends to
experience uneven development but tends to be concentrated in the area around the capital city. The
essence of sustainable development is the internalization of the impact of every social and economic
action on the environment. The research methodology used is the MULTIMOORA analysis technique.
The results of this study show consistent results in 2022, namely ranking 1st using three techniques or
methods. This reflects that in 2022, Indonesia's achievement of sustainable development has increased
from rank 3 in 2021 to rank 1 in 2022. Sustainable development targets and indicators reflected in the
SDGs are opportunities and opportunities to complete our understanding of pillar and indicator
development measures to measure the implementation of sustainable development.

Keywords: sustainable Development,Human Development, Environment, Multimoora

54
 Socio-Emotional Wealth and Its Effect on Small Medium Enterprises
(Literature Review Study)
Yasmin Sakina1, Wika Dewi1, Bidadari Yuritza D. 1, Mirwan Surya Perdhana1
1Universitas Diponegoro

To examine and synthesize existing research on the relationship between socioemotional

Wealth and innovations in SMEs. This research uses Literature Review methods to find the best practice
and experience for family business firms (especially SMEs) with their Socio-Emotional Wealth as well
as its impact on business performance and contributions to society at large. The literature review
anticipates revealing that socioemotional Wealth (SEW) significantly influences SMEs' innovation
strategies. Expected findings suggest that SEW is both a motivator and a barrier to innovation,
influencing the types of innovation pursued and shedding light on the nuanced relationship between
emotional attachment and SME growth. Potential bias in selected studies, as SEW's impact might vary
across cultural contexts, especially in certain SMEs Sectors. Suggest SMEs owners recognize SEW's
dual role both in motivating & constraining innovation and also balancing emotional ties with
innovation efforts. This review contributes by synthesizing diverse findings, highlighting how
socioemotional Wealth's nuanced influence on SME innovations offers insights for fostering growth
while preserving family values and legacies.

Keywords: (Small-Medium Enterprises, Wealth Management, Socio-Emotional Wealth, Family

Business, Innovations)

55
 Social Entrepreneurship in Sustainable Development: Bibliometric Analysis and
Emerging Research Trends

Muhammad Iqbal Rezky1, Rasto1

1 Universitas Pendidikan Indonesia

This research aims to explore trends in social entrepreneurship and sustainable development
research, as well as the future direction of research, through bibliometric analysis. This study applies a
bibliometric review, specifically a Systematic Literature Review (SLR), with a sample of 181 articles
from the Scopus database (2015-2023) that discuss social entrepreneurship and sustainable
development. Data analysis and visualization are conducted using Vos Viewer and Scopus Analyze
Search. The findings highlight research trends year by year, influential research rankings and journals,
top authors, countries, and institutions, as well as Co-Occurrence and Co-Citation Network analysis of
top authors, major journal rankings, and universities engaged in research in the field of social
entrepreneurship and sustainable development. The research gap presents an opportunity to explore
trends, themes, and research advancements in this specific field, providing valuable insights for
academics, practitioners, and policymakers interested in social entrepreneurship and sustainable
development. Through bibliometric analysis, this research provides a comprehensive and systematic
overview of the field of social entrepreneurship and sustainable development research.

Keywords: Social entrepreneurship, bibliometrics, sustainable development, SDGs

56
 Literature Review: The Phenomenon of High Skilled Migration in Indonesia
I Wayan Krisnandita1
1Udayana University

This study aims to analyze the literature review on the selection of definitions, methodologies,
and variables related to the phenomenon of high skilled migration. High skilled migration, or the
migration of high-quality human resources, has great potential to reduce inter-regional inequality by
aiding regional development. But in reality, Indonesia's lax internal migration policy has caused greater
inequality between regions This paper uses a literature review approach.The results obtained are that
the definition of high skilled migration can be based on education, using the gravity model approach
or logistic regression as an analysis method, and can include some independent variables. This research
is still limited to the type of literature review, not an empirical study. The results of this study can be
used as a reference in future research related to high skilled migration.Research related to the
phenomenon of high skilled migration in Indonesia is still very limited.

Keywords: high skilled migration, inequality, literature review

57
 Literature Mapping of Married Women'S Labour Force Participation
Ni Made Rediteani1

1Faculty of Economics and Business, Udayana University

This research reveals trends and insights to improve that many married women tend to
voluntarily withdraw from the labor market. Mapping and research trends in the labour force
participation of married women has been explored through a bibliometric analysis approach, aiming
to map and study the evolving trends in the labor force participation of married women. This method
involves examining the interconnections, overlaps, and density of a collection of numerous scholarly
articles. For this endeavor, two analytical tools, specifically "Publish or Perish (PoP)" and "VOSviewer,"
were harnessed to glean significant insights from the accumulated data. The primary objective of
employing bibliometric methods is to discern future directions in research, by evaluating the citation
impact and conceptual associations within a curated set of articles. This inquiry encompasses an
exhaustive literature survey, encapsulating 200 academic pieces published between 2013 and 2023 with
a central focus on the term "Married Women's Labor Supply". The findings indicated that the subject of
“Married Women's Labor Supply” often converges with several other themes to shape research
narratives, such as intersections with the economy, gender disparities, women's active roles, cultural
implications, and the challenges of parenthood, among others. It can map out in order to subsequently
provide insights for improving the work productivity of married women across various sectors and
factors that are related to the productivity of married female workers. Offers insights into the trends
and research focus in improving the productivity of married female labour for sustainable economic
and social progress.

Keywords: labour force participation rate, gender, women, supply, bibliometric.

58
Renewable Energy and Clean Energy Transition: Strategies and Challenges in the
Transition towards Renewable Energy: A Case Study of Solar Power System
Implementation in Urban Areas in Indonesia
Christo Fanre Parlindungan Sembiring1, Kania Putri Susanto1, Putu Krisna Adwitya Sanjaya1

1Udayana University

The transition from conventional energy sources to renewable energy is an urgent need to face
the challenges of climate change and dependence on fossil fuels. Indonesia, a country rich in renewable
energy potential, has only commercially utilised 7 out of 432 GW of renewable energy electricity
potential. Several factors, such as high costs, are still a challenge for Indonesia in developing renewable
energy. In this study, author identify and analyse the factors that influence the adoption of solar power
systems in urban areas. The author also evaluate the social, economic and environmental impacts that
may result from this transition. In addition, author examined the technical, regulatory and policy
barriers that may affect the success of implementation so that the practical implications of this research
include guidance for governments, institutions and stakeholders to design policies that support the
clean energy transition. The expected goal of this study is a deeper understanding of the technical,
social and policy challenges faced in adopting renewable energy in urban areas. The study is also
expected to identify effective mitigation strategies and generate insights for decision-making regarding
the energy transition. Limitations of this study include a focus on the implementation of solar power
systems in an urban context and the limited resources available. Practical implications of this research
include guidance for governments, institutions and stakeholders to design policies that support the
clean energy transition. This study has value in informing the public about the benefits and challenges
of implementing renewable energy. Based on the results of the analysis, the main factors inhibiting the
implementation of solar power systems in urban areas are limited financial and human resources, and
inadequate network infrastructure. Therefore, this research tries to provide an alternative strategy in
the form of solar power plant development in the industrial sector with a pilot project approach to
realise modern sustainable energy services. By focusing on the implementation of solar power systems
in urban areas, this research provides a new contribution to the understanding of renewable energy
strategies and challenges in the urban perspective.

Keywords: Renewable Energy, Clean Energy Transition, Solar Power System

59
 Spatial Analysis of Inclusive Growth in Indonesia
Kadek Aris Prasetya1, Ida Ayu Nyoman Saskara1
1Udayana University

Economic development is not only seen from the quantity of growth but also the quality of
development. Inclusive growth is an indicator that can see the quality of development. This research
was conducted in all provinces in Indonesia by looking at the spatial inclusive growth index. The
method of analysis in this study is descriptive analysis that describes the distribution of the inclusive
growth index in all provinces in Indonesia and inferential analysis shown by spatial regression models
with spatial effects of the inclusive growth index. The results showed that the distribution of the
inclusive growth index in Indonesia has a spatial effect. The clustering of high growth index is in Java
Island while the low one is in eastern Indonesia. The spatial regression model shows that the inclusive
growth index has a significant spatial effect, as well as the variables of per capita expenditure and
average years of schooling have a significant effect on the inclusive growth index. The regression model
was built with the Geoda application with cross section data in 2021. Furthermore, it is necessary to
collaborate between local governments in an effort to increase the inclusive growth index given the
spatial influence. This is one of the efforts so that economic development can be enjoyed inclusively by
all residents in Indonesia.

Keywords: Inclusive Growth, Development, Spatial Analysis

60
 Bibliometric Analysis Of The Renewable Energy For Sustainable Development
Ni Putu Winda Apriyani1
1Udayana University

The environmental problems that we faced today require a solutions for potential long-term
actions in sustainable development. Renewable energy resources are one of the most efficient and
effective solutions. It is also closely affiliated between renewable energy and sustainable development.
Anticipated patterns of future energy use and resulting environmental impacts and also, potential
solutions to current environmental problems identified together with renewable energy technologies.
In this context, a bibliometrics analysis of literature was carried out using the Google Schoolar database
using PoP. This research topic aims to see renewable energy time after time as it relates to sustainable
development. As a further goal utilizing alternative energy for sustainable development.

Keywords: renewable energy, sustainable development, bibliometric

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 Coping Strategies of Balinese Tourism Worker Household During Covid-19
Pandemic
Ni Ketut Budiningsih1, Putu Pramitha Purwanti1, Putu Tara Saraswati1
1Universitas Udayana

This study analysis the coping strategies of the tourism worker household during Covid-19
pandemic. The data of this study comes from the answer of the online survey. The respondent is the
tourism worker from all regencies in Bali. The data estimates using Linear Probability Model with fixed
effects to solve endogeneity problem in kabupaten level. The gender, age of the education household
head are the important characteristics of the household head which affects the coping strategies of the
household. Further, child adult ratio, social network, and the location of the household also the
important characteristics of the household which determine the coping strategies of the household.
Consequently, the government in setting the policy in the crisis period should give deeper attention to
the vulnerable group, such as household headed by the old or household headed by female. Social
network important in Indonesia. Consequently, in promote the policy, the government can utilize the
social group in the community. There are few research analyses the coping strategies of the Balinese
tourism worker. Further, the previous researches use qualitative analysis or descriptive statistics. This
study contributes on the research in coping strategies of the Balinese tourism worker and estimates
using econometrics analytical tool.

Keywords: Coping strategies, tourism worker, Balinese, Covid-19 pandemic

62
 Bibliometric Mapping of The Development of Food Security Research Results
with Vosviewer
Ni Made Nia Widiani1
1Udayana University

Food is a basic need for humans that must be met at all times. Food availability that is smaller
than the need can create economic instability. The purpose of this study is to analyze and inform the
development of research on the topic of food security, and help analyze the needs and important
aspects of food security both in Indonesia and in the world. This research uses library research method
and uses bibliometrics approach (bibliometrika). The results of food security research documents in
Google scholar indexed journals through Publish or Perish are 987 documents which are then analyzed
so that the final results are obtained as many as 41 terms spread across 6 different clusters. Based on
the results of analysis using Vosviewer, it can be seen that the average discussion related to food
security was in 2013 -2015 even though the data from POP taken was vulnerable in 2010 - 2022, so there
is a great opportunity to update the findings of food security today considering that some information
has changed from the previous situation

Keywords: Food Security, Bibliometrics

63
 Human Development Index, Economic Growth, and Environmental Analysis
Of Causality Study at ASEAN
Ida Ayu Meisthya Pratiwi1, I Gede Susila Arsana Putra2, Maria Regina Hilda Bunga Verena3, Hinako
Yamagami4

Faculty of Economics and Business Udayana University

1, 3

2 PT. Angkasa Pura Airports

4 Faculty of Global Science Studies, Yamaguchi University

This study aims to analyze the relationship between HDI, GDP, with total population as a control
variable for CO2 emissions produced in ASEAN countries during 2000-2020. The method used in this
study is the panel data regression method using the Fixed Effect Model with data recources from
worlbank. The results from this study show that HDI and GDP simultaneously influence the CO2
emissions produced. The partial test results show that only the human development index has a
significant positive relationship to CO2 emissions in 2000-2020 in ASEAN, even after using population
size as a control variable, the effect is still strong. This means that increasing the quality of human
resources and development carried out does not guarantee that environmental pollution will decrease,
in other words, concern for sustainable development in most ASEAN countries is still low. Thus, in
developing countries, the government's role is needed in making regulations and incentives that can
lead to sustainable development.

Keywords: HDI, GDP, Population, CO2 Emissions

64
 Literature Review of Stock Market as a Leading Indicator in Forecasting
Recessions
Ginanjar Rahmat1
1Master of Economics Study Program, Faculty of Economics and Business, Udayana University

This paper aims to determine the possibility of using stock market as a leading indicator to
forecast recessions. The study using a literature review approach to gather and analyze relevant
research articles. A thorough examination of the methodologies, findings, and limitations of these
studies will be conducted to assess the effectiveness of using the stock exchange as a predictor of
economic downturns. The study anticipates uncovering a range of research endeavors that have
explored the correlation between stock market performance and recessions. It is expected that there
will be varying degrees of support for the use of the stock exchange as a leading indicator. Given the
dependence on existing literature, potential limitations include data inconsistencies, variations in
methodologies, and the scope of available research. The study's outcomes could provide policymakers,
investors, and financial analysts with recessions warning signals in decision-making. This study
contributes to existing knowledge by reviewing available literature on using stock exchanges as leading
indicators for recession forecasting.

Keywords: Stock Market, Recession, Macroeconomy, Leading Indicator, Forecasting

65
 Market Reaction to The Implementation of Coal Royalty Tariff Policy in
Indonesia
Ni Made Puji Andari1, I Wayan Gde Wahyu Purna Anggara2
1Ministry of Education and Culture of the Republic of Indonesia
2Faculty of Economics and Business, Udayana University

The impact of government regulation on the mining industry is captivating to explore,

specifically the newly reformed Coal Royalty Tariff. This present research captures the market’s
response to two tariff policy reforms, namely the Indonesian Government Regulation Number 25 of
2021 and Government Regulation Number 15 of 2022 building upon the semi strong form market
efficiency. T-Test analysis is used to test the hypothesis in which the abnormal returns from sample
companies in the mining sector on the Indonesia Stock Exchange surround the enactment of
government regulation. There is no abnormal return that occurred around the enactment of
Government Regulation Number 25 of 2023, while the enactment of Government Regulation Number
15 of 2022 do generate abnormal return. Results imply a solid relationship between changes in risk and
the investors expected future profitability as investors expectations are depicted in the stock price
movements. This concludes that uncertainty following changes in governments regulation constitutes
an additional premium required by the investors. Our findings provide empirical evidence to the
literature regarding market response to the implementation of policies, especially the government
should give proper attention to the issue of determining tariffs and investors should evaluate their
required premium based on the impact of tariff changes.

Keywords: stock price, coal mining, government policies, royalty rate

66
CONFERENCE COMMITTEES

Steering Committee

Agoes Ganesha Rahyuda, S.E., M.T., Ph.D

Dr. Ida Bagus Putu Purbadharmaja, S.E, M.E

Dr. I Gusti Ngurah Agung Suaryana, S.E., M.Si

Dr. I Gde Kajeng Baskara, S.E., MM., Ak

Dr. I Made Endra Katika Yudha, SE., M.Si

Organizing Committee

Dr. Ni Nyoman Reni Suasih, S.IP., M.Si.

I Wayan Priyana A.Sudharma, SE., M.Ec.Dev

Ida Ayu Meisthya Pratiwi, SE., M.Si
Ida Ayu Gde Dyastari Saskara, SE., M.Si
I Wayan Gde Wahyu Purna Anggara, SE, M.Si

Editorial Boards

Dr. I Made Endra Katika Yudha, SE., M.Si

Dr. Ni Nyoman Reni Suasih, S.IP., M.Si.
I Wayan Priyana Agus Sudharma, SE., M.Ec.Dev
Ida Ayu Meisthya Pratiwi, SE., M.Si
Ida Ayu Gde Dyastari Saskara, SE., M.Si
I Wayan Gde Wahyu Purna Anggara, SE, M.Si

67