scholarly journals Developing Islamic crowdfunding website platform for startup companies in Indonesia

2019 ◽  
Vol 11 (5) ◽  
pp. 1041-1053 ◽  
Author(s):  
Achsania Hendratmi ◽  
Muhamad Nafik Hadi Ryandono ◽  
Puji Sucia Sukmaningrum

Purpose This study aims to develop an Islamic crowdfunding model based on a website platform for startup companies. Design/methodology/approach Apart from reviewing related literature, specifically focus group discussion with 16 CEO of startup companies, in-depth interview with two crowdfunding provider, Fiqh expert and technology platform expert for the development of an Islamic crowdfunding website platform for startup companies. Findings The concept of Islamic crowdfunding is recommended as a funding solution for small and medium-sized enterprises and startup companies. Therefore, it was deemed crucial for this study to develop an Islamic crowdfunding model based on a website platform as a form of innovative acceleration to provide alternative funding for a startup company, which subsequently expands to a growing and sustainable business. Furthermore, the use of a website platform for the operation of a crowdfunding mechanism is deemed as an effective means to link cross-geographical investors with the startup company owners in Indonesia, specifically East Java. Practical implications Islamic crowdfunding website platform can be the solution for startup companies to obtain capital funds while startup companies are not able to provide collateral to attain financial assistance and experience problems. Expectedly, the government should provide legality, regulation, licensing and socialization matters pertaining to crowdfunding to obtain legal legality from the country. Originality/value There is still no research to develop the Islamic crowdfunding model using a website platform. This study was expected to provide essential insights on the effective development of an Islamic crowdfunding website platform integrated with startup companies, investors and Sharia committee.

2014 ◽  
Vol 18 (2) ◽  
pp. 58-66 ◽  
Author(s):  
Jonathan Scrutton ◽  
David Sinclair ◽  
Trinley Walker

Purpose – The purpose of this paper is to demonstrate how access to vaccination for older people in the UK can be both improved and used as a tool for healthy ageing. Design/methodology/approach – ILC-UK released a report “Adult Immunisation in the UK”, which applied a UK perspective to a 2013 Supporting Active Ageing Through Immunisation (SAATI) report on immunisation. The ILC report combined the SAATI findings with a traditional literature review, a policy review incorporating grey literature and the outcomes of a focus group discussion. This paper highlights the key findings of the ILC-UK report. Findings – Vaccination needs to be included as part of proactive strategies to promote healthy and active ageing. Initiatives need to be explored that increase the rate of delivery of vaccinations. Barriers to the vaccination of health and social care professionals working with older people need to be removed. The government should explore using psychological insights into human behaviour to improve the take-up of vaccinations amongst adults. The range of settings where older people can receive vaccination needs to be expanded. Information on the potential benefits of immunisation should be made readily available and easily accessible to older people. Practical implications – The paper calls for a structural shift in how vaccination services in the UK are organised. Social implications – The paper calls for a cultural shift in how society views immunisation and the role it has to play in the healthy ageing process. Originality/value – The paper uses new European research on immunisation and applies it to the UK's situation.


2020 ◽  
Vol 27 (3) ◽  
pp. 245-265
Author(s):  
Zaleha Othman ◽  
Mohd Fareez Fahmy Nordin ◽  
Muhammad Sadiq

PurposeThis study provides in-depth explanation of Goods and Services Tax (GST) fraud prevention towards sustainability business.Design/methodology/approachThis study applies a qualitative research method, i.e. case study, to address the specific research objective.FindingsThe finding revealed a GST prevention model towards sustainable business. The finding shows that it is pertinent for the government to set preventive strategies in order to retain sustainable income for the government. Two essential dimensions emerged in the findings to support preventive strategies, namely macro- and micro-level measures.Practical implicationsThe findings of this study provide managers, investors and policymakers with evidence to what extent GST fraud could be minimize in order to safeguard government source of revenue and retain sustainable business in a country. As GST is an important source of revenue for the government, it is thus crucial to prevent fraud from occurring.Originality/valuePast studies have primarily focused on GST implementation from the perspective of service tax effectiveness and efficiency. However, this study examined the impact of GST fraud to determine measures that could ensure service tax sustainability using preventive strategies, in turn, introducing to the existing literature on indirect tax.


Significance The government has also developed alternative funding sources; under a Future Revenue Based Security (FRBS) scheme, PT Jasa Marga, one of the three SOEs, will pay 70% of its revenues from the Jagowari toll road to investors until 2022. Impacts FRBS schemes may spur private-sector investment in Indonesian infrastructure, normally about 30% of the total. Improving infrastructure would reduce Indonesian consumer prices and, in some cases, export reliance. Plans to develop Indonesian port and shipping capacity will see growing investment need in these areas. Some Chinese-invested building projects have been criticised for poor quality; poor infrastructure could see popular protests.


2020 ◽  
Vol 10 (4) ◽  
pp. 555-572
Author(s):  
Rajali Maharjan ◽  
Yashaswi Shrestha ◽  
Biplob Rakhal ◽  
Saurav Suman ◽  
Jurgen Hulst ◽  
...  

PurposeThe purpose of this study is to develop a methodology which amalgamates quantitative and qualitative approaches to determine the best placement of mobile logistics hubs (MLH) to be established in different parts of Nepal as a part of real-life project, “Augmentation of National and Local-Level Emergency Logistics Preparedness in Nepal” (2017–2020), implemented by the World Food Programme in cooperation with the Government of Nepal.Design/methodology/approachThe study develops a methodology using a combination of a modified version of the maximal covering location problem (MCLP) and focus group discussion. The MCLP model is used to determine the optimal number and spatial location of MLHs, and focus group discussion is used to identify the five first-priority strategic MLH locations using expert knowledge.FindingsThe authors identify the five first-priority locations for establishing MLHs using an amalgamation of quantitative approach (mathematical model) and qualitative approach (focus group discussion). By amalgamating mathematical model with expert knowledge, findings acceptable to a wide range of stakeholders are obtained. The focus group discussion helps to pinpoint the location of MLHs to city-level granularity which is otherwise impossible with data available on hand.Research limitations/implicationsAlthough multiple experts’ judgements were obtained via focus group discussion, subjectivity and possible bias is inevitable. Overall, the quantitative results of the study are purely based on the data available during the study period; therefore, having updated data could possibly improve the quality of the results.Originality/valueThis study is the first of its kind that uses an amalgamation of mathematical model and expert knowledge to determine the strategic locations of MLHs and has been successful to an extent that the selected locations have been vetted by the government of Nepal for establishing MLHs and are undergoing implementation in real life. This study also considers multiple disaster scenarios and employs the concepts of human development, disaster risk and transportation accessibility to reflect Nepal's socioeconomic, geo-climatic and topographical features.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jia Shi ◽  
Pingping Xiong ◽  
Yingjie Yang ◽  
Beichen Quan

PurposeSmog seriously affects the ecological environment and poses a threat to public health. Therefore, smog control has become a key task in China, which requires reliable prediction.Design/methodology/approachThis paper establishes a novel time-lag GM(1,N) model based on interval grey number sequences. Firstly, calculating kernel and degree of greyness of the interval grey number sequence respectively. Then, establishing the time-lag GM(1,N) model of kernel and degree of greyness sequences respectively to obtain their values after determining the time-lag parameters of two models. Finally, the upper and lower bounds of interval grey number sequences are obtained by restoring the values of kernel and degree of greyness.FindingsIn order to verify the validity and practicability of the model, the monthly concentrations of PM2.5, SO2 and NO2 in Beijing during August 2017 to September 2018 are selected to establish the time-lag GM(1,3) model for kernel and degree of greyness sequences respectively. Compared with three existing models, the proposed model in this paper has better simulation accuracy. Therefore, the novel model is applied to forecast monthly PM2.5 concentration for October to December 2018 in Beijing and provides a reference basis for the government to formulate smog control policies.Practical implicationsThe proposed model can simulate and forecast system characteristic data with the time-lag effect more accurately, which shows that the time-lag GM(1,N) model proposed in this paper is practical and effective.Originality/valueBased on interval grey number sequences, the traditional GM(1,N) model neglects the time-lag effect of driving terms, hence this paper introduces the time-lag parameters into driving terms of the traditional GM(1,N) model and proposes a novel time-lag GM(1,N) model.


2018 ◽  
Vol 52 ◽  
pp. 00040
Author(s):  
Rosmalinda ◽  
Arif

Some criminal cases took place in palm oil plantation and agriculture area as the crime scene. Unfortunately, the cases involved children and women. This paper discusses on the research results of a study on the development of legal aid model for marginal people including people with disabilities. There were two research questions namely the situation of PwD and how they access the justice. The data were collected through literature review and field study. There were 52 persons who participated in in-depth interview and 3 Focus Group Discussion. All informants are PwD and people who supported PwD. This study figured out a case of sexual harassment which located in palm oil plantation. The victim is a girl with hearing impairment. The result of the study shows that PwD could not access the justice due to the distance and lack of information concerning legal aid provider. Furthermore, data of PwD is not available properly either at the government office or Community Social Organization (CSO)


2020 ◽  
Vol 13 (4) ◽  
pp. 583-600
Author(s):  
Metin Vatansever ◽  
İbrahim Demir ◽  
Ali Hepşen

Purpose The main purpose of this study is to detect homogeneous housing market areas among 196 districts of 5 major cities of Turkey in terms of house sale price indices. The second purpose is to forecast these 196 house sale price indices. Design/methodology/approach In this paper, the authors use the monthly house sale price indices of 196 districts of 5 major cities of Turkey. The authors propose an autoregressive (AR) model-based fuzzy clustering approach to detect homogeneous housing market areas and to forecast house price indices. Findings The AR model-based fuzzy clustering approach detects three numbers of homogenous property market areas among 196 districts of 5 major cities of Turkey where house sale price moves together (or with similar house sales dynamic). This approach also provides better forecasting results compared to standard AR models by higher data efficiency and lower model validation and maintenance effort. Research limitations/implications In this study, the authors could not use any district-based socioeconomic and consumption behavioral indicators and any discrete geographical and property characteristics because of the data limitation. Practical implications The finding of this study would help property investors for establishing more effective property management strategies by taking different geographical location conditions into account. Social implications From the government side, knowing future rises, falls and turning points of property prices in different locations can allow the government to monitor the property price changes and control the speculation activities that cause a dramatic change in the market. Originality/value There is no previous research paper focusing on neighborhood-based clusters and forecasting house sale price indices in Turkey. At this point, it is the first academic study.


Author(s):  
Stacia Reviani Mege

Buntu Village, a small village located in Kejajar Sub-district, Wonosobo Regency. For more than 10 years, the village has been the trusted by many education institutions to be a place for their students to experience living in the village. However, the village itself receives little concern by the government. The purpose of this paper is to maximize the potential of the human resources by sharing knowledge and practical application of event management, and increase the promotion of the village with integrated social media promotion. The method used in this study is consist of four steps, which are in depth interview and observation, socialization and recruitment, focus group discussion, and lastly media promotion and event management training. The result of this study is the formation of a group of local villagers with the motivation to promote Buntu Village. By receiving the training, the group of villagers is aimed to improve the management of “live in” event and also able to integrate the promotion in different social media platform. Keywords: Event management, social media promotion, destination branding


2018 ◽  
Vol 34 (8) ◽  
pp. 30-32

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Strategic networks involving SMEs can make a significant contribution to the economic growth of a country. Government support is vital to network development and their overall effectiveness. However, the impact of support on different stages of the development process depends on the type of policy adopted by the government. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


Author(s):  
Yani Hendrayani ◽  
Nor Hazlina Hashim

Participatory communication in the effort to reach sustainable development goals can create a relationship among all the stakeholders to develop understanding in the context of language usage, channels, and space to ensure the successful implementation of group discussion between the government, companies, and society in CSR program. This study aims to analyze the participatory communication in the practice of CSR in the form of CSR forum case study. This study uses qualitative approach, which is an in-depth interview with the company and government and conducts focus group discussion by involving communities, program beneficiaries, which consists of the opinion leaders and nongovernmental organization (NGOs). From the result of the analysis in the communication component, there are nine significant basic components to evaluate the success of three sector partnership in achieving sustainable development. This study shows that the communication relationship in the practice of ideal CSR is in line with sustainable development goals.


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