Determination of the palm based biodiesel policy integration model as a renewable energy commodity

2021 ◽  
Vol 10 (3) ◽  
pp. 263-276
Author(s):  
Lusi Zafriana ◽  
Marjono Marjono ◽  
Indah Dwi Qurbani ◽  
Sugiono Sugiono
Keyword(s):  
Renewable Energy ◽  
Energy Security ◽  
Action Plan ◽  
Renewable Energy Sources ◽  
Value Added ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
World Population ◽  
Integration Model

The increase in economic activity in the industrial sector and the rapid growth of the world population have stimulated an increase in energy demand. In 2004, Indonesia earned the status of a net importer of oil so that it becomes a challenge for the Indonesian government in developing the use of renewable energy to achieve ideal conditions for national energy security. Indonesia has the potential for large amounts of renewable energy sources, one of which is palm-based biodiesel. The mandatory biodiesel policy program was implemented in 2008 with a biodiesel content of 2.5% and gradually until 2019 with a biodiesel content of 30% (B30). The mandatory biodiesel policy is closely related to the achievement of the Sustainable Development Goals (SDGs), and the concept of maintaining the balance of Trilemma Energi. The current energy management and utilization policies in Indonesia continue to increase in line with modern life consumption patterns that require a more environmentally friendly energy variable for energy absorption in Indonesia, especially renewable energy. The purpose of this research is to determine the integration model of palm-based biodiesel policy as a renewable energy commodity to support energy security. This study uses several strategic frameworks by combining a quantitative approach through the perspective of the Balanced Scorecard (BSC) and measuring the technology coefficient using the Technology Contribution Coefficient (TCC), as well as a qualitative approach with the Business Model Canvas (BMC) and the design of the Omnibus Law. Data were collected through Focus Group Discussion (FGD) and Expert Opinion (EO) which were validated by Structural Equation Modeling-Partial Least Square (SEM-PLS) using a sample of 40 respondents from related agencies. The results showed that based on the SEM-PLS validation of 20 BSC perspective variables, two invalid variables were obtained, namely the variable efficiency port service cost and value-added creation which had a P value> 0.05. Meanwhile, Indonesia's TCC score is quite high, namely 0.787, which means that Indonesia is quite aggressive in developing biodiesel and its policies. Based on the results of the FGD expert, it was obtained that the BMC initiates the helicopters to view current biodiesel developments. And 10 regulations have been drafted into a proposed draft Omnibus Law through an action plan.

An Assessment of Risk Management Practices of SME Taxpayers in Malawi and their Impact on Tax Compliance

2018 ◽  
Vol 4 (4) ◽  
pp. 7-17 ◽  
Author(s):  
Stella Binauli Nanthuru ◽  
Liu Pingfeng ◽  
Nie Guihua ◽  
Victoria Lucas Mkonya
Keyword(s):  
Risk Management ◽  
Financial Performance ◽  
Structural Equation ◽  
Management Practices ◽  
Risk Mitigation ◽  
Tax Compliance ◽  
Value Added ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling

This study assesses understanding of Risk, and extent of risk management practices in Small and Medium Enterprise (SME) taxpayers in Malawi, subsequently, investigates their relationship with financial performance and tax compliance. The study focuses on unlimited business sectors of SME taxpayers which drew a representation of our sample of 324 SMEs, using Partial Least Square-Structural Equation Modeling (PLS-SEM) to analyze and test hypotheses. Results indicate that half of the SME taxpayers are aware of risks, but only 23% of respondents underwent any training on risk management. 90% of respondents revealed that tax rates are the most significant business constraint; value-added tax (VAT) being the most challenging tax to file. Most respondents identified risks through experience, with risk management practices centering on Chief Executive Officers. Empirical evidence on Path analysis and bootstrapping results established a significant relationship between understanding risks, risk management practices, financial performance and Tax compliance, which is positive, signaling a roadmap for risk mitigation if tax administration is to widen its SME tax net.

scholarly journals The Role Of Brand Image As Mediating Variable In The Influence Of Price And Promotion On Buying Interest (Study Case On Hyundai Electric Car)

2021 ◽  
Vol 2 (5) ◽  
pp. 1743-1754
Author(s):  
Soegeng Wahyoedi ◽  
Saparso ◽  
Miki Effendi
Keyword(s):  
Purchase Intention ◽  
Structural Equation ◽  
Fossil Fuels ◽  
Brand Image ◽  
Renewable Energy Sources ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Electric Cars ◽  
Electric Car

The development of environmentally friendly vehicles is currently a global trend among car manufacturers. This is in addition to being triggered by regulations from countries that have committed in the 2016 Paris agreement to reduce greenhouse gas emissions and save fossil-based fuels that will run out, considering that fossil fuels are a type of non-renewable natural resource. For this reason, the global automotive industry has begun to produce electric cars, which are referred to as renewable energy sources, and to reduce carbon emissions. Because this electric car is a new product, researchers are interested in knowing how someone is buying an electric car. One of the elements that influence a person's buying interest is the price. Besides the price, buying interest is also influenced by promotion. With the proper promotion, it can encourage people to buy. Therefore, this study wanted to examine the effect of price and promotion on buying interest mediated by brand image. Sampling using non-probability sampling and purposive sampling with criteria for the general public living in Jabodetabek who already have a car and can buy a car. Data analysis in this study used a Structural Equation Modeling (SEM) approach based on Partial Least Square. This study found that price, promotion, and brand image had a significant and positive effect on buying interest. Brand image mediates significantly and positively the relationship between price and promotion on purchase intention.

scholarly journals ANALISA MANAJEMEN RESIKO DAN STRATEGI INVESTASI PADA FOREX ONLINE TRADING DAN PENGARUHNYA TERHADAP VALUE ADDED INVESTOR DI PT. MONEX INVESTINDO FUTURES

2010 ◽  
Vol 6 (2) ◽  
Author(s):  
Lawrence Hasiolan Hutabarat
Keyword(s):  
Risk Management ◽  
Data Analysis ◽  
Structural Equation ◽  
Value Added ◽  
Investment Strategy ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Statistical Tool ◽  
Online Trading

This research intend to study the influence of risk management and investment strategy over forex online trading and investor’s value added. Sample for this research is the investors who are doing forex online trading at PT. Monex Investindo Futures in Surabaya. This research is a predictive research and use quantitative method. Data analysis uses Structural Equation Modeling (SEM) and statistical tool Partial Least Square (PLS). The program that is used is Smart PLS Version 1.10 for Windows.This research use independent variables such as cutloss, switching, locking, averaging, momentum trading, technical trading, fundamental trading, short term, mid term, long term, trade based on risk management, trade based on investment strategy, trade based on risk management and investment strategy, increase, constant, and decrease. Dependent variables are risk management, investment strategy, , forex online trading and investor’s value added.This research proves that risk management and investment strategy influence significantly forex online trading and investor’s value added, and forex online trading influence significantly investor’s value added. This is shown by the result of data analysis using PLS that T-test value is more than 1,96 for all. Specifically for risk management, having negatif influence significantly over investor’s value added. This means that by doing risk management, in this case doing averaging, will lower the investor’s value added.Keywords : Risk management, investment strategy, forex online trading and and investor’s value added.

scholarly journals IMPACT OF INTELLECTUAL CAPITAL ON CORPORATE FINANCIAL PERFORMANCE: AN EMPIRICAL EVIDENCE FROM PHARMACEUTICAL SECTOR OF PAKISTAN

2015 ◽  
Vol 54 (2) ◽  
pp. 91-109
Author(s):  
Amber Qadar ◽  
Muhammad Abdul Majid Makki ◽  
Muhammad Athar Hussain
Keyword(s):  
Financial Performance ◽  
Intellectual Capital ◽  
Value Added ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Corporate Financial Performance ◽  
Pharmaceutical Sector ◽  
Pharmaceutical Industries ◽  
The Impact

The basic purpose of this study is to analyze the impact of intellectual capital on corporate financial performance. This study is conducted on pharmaceutical sector listed in Pakistan Stock Exchange. Data for this study was collected from audited annual financial statements of selected business organizations over period of ten year i.e. from 2005-2014. Value Added Intellectual Coefficient (VAIC) methodology is employed, in order to measure IC (Intellectual Capital) and its different components. The firm’s financial performance is measured by using profitability measures including ROE (Return on Equity) and ROA (Return on Assets), market to book value and asset turnover. In order to analyze the collected data, the Partial Least Square (PLS), a SEM (structural equation modeling) technique. These approaches are used to assess the measurement and structural models. The results of analysis have supported the proposed hypothesis i.e. there is significant positive impact of intellectual capital on firm’s financial performance among pharmaceutical industries of Pakistan.

scholarly journals What is so special about the sharing economy: The customer experience view

2021 ◽  
Vol 92 ◽  
pp. 05007
Author(s):  
David Havir
Keyword(s):  
Structural Equation ◽  
Value Added ◽  
Customer Experience ◽  
Sharing Economy ◽  
Modern Technology ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Marketing Metrics ◽  
Positive Effect

Research background: From time to time utilization of modern technology innovatively disrupts the industry, as is true for sharing economy companies such as Airbnb and Uber. These companies achieved global success with their platform-enabled businesses connecting the demand of individuals with underutilized resources of others. Besides the competitive prices enabled by controversial practices, they are widely criticized for, these companies attracted masses of customers, not only the price-sensitive ones. Relating to that, the recent marketing phenomenon of customer experience is aiming to help companies systematically understand the perception and resulting actions of customers, and to better manage their marketing mix to gain competitive advantage and increase overall performance. Purpose of the article: The purpose of this article is to explore the nature of customer experience in the area of sharing economy to better understand the importance of experiential factors the marketing metrics of sharing economy companies are driven by. Methods: The research is based on the pilot data collection through online and offline surveys and the subsequent partial least square structural equation modeling (PLS-SEM) analysis of the data from 86 respondents. Findings & Value added: This paper provides insight into the area of sharing economy through the identification of the factors of needs fulfillment level (particularly social) and effective resource management during the customer experience as the ones with the positive effect (medium and weak-medium) on the memorized customer experience quality, while the human perception engagement is surprisingly found as the weak contributor. The memorized customer experience quality was found to have a medium positive effect on customer satisfaction which further has the medium-strong positive effect on the positive word-of-mouth and customer loyalty of customers of the sharing economy companies.

scholarly journals Relevance of Technology Acceptance Model for the Implementation of Value Added Tax (VAT) In the United Arab Emirates (UAE): Evidence of Distinctive Behavioral Connections

2019 ◽  
Vol 8 (3) ◽  
pp. 6357-6365
Keyword(s):  
Technology Acceptance ◽  
United Arab Emirates ◽  
Technology Acceptance Model ◽  
Value Added ◽  
Partial Least Square ◽  
Least Square ◽  
Influential Factor ◽  
Equation Modeling ◽  
Value Added Tax ◽  
Acceptance Model

The objective of this study is to examine the relationship between behavioral constructs of business operatives and their attitudes toward implementation of the Value Added Tax (VAT) in the United Arab Emirates (UAE). Data was collected using questionnaire survey for a sample of 189 business operators in the UAE. Path analysis using partial least square–structural equation modeling (PLS-SEM) was utilized to analyze the research model, applying the technology acceptance model (TAM) with addition of challenges to reflect the unique behavioral attributes in the UAE. The findings of PLS-SEM reveal that challenges were the primary construct related to the business operatives’ attitudes for implementation of the VAT. However, preparedness was the least influential factor on the attitudes of business operatives regarding implementation of the VAT. Thus, these results reiterate the significance of the TAM in explaining the behavioral dynamic of business operatives for the implementation of the VAT.

scholarly journals INTELLECTUAL CAPITAL, KINERJA KEUANGAN, DAN NILAI PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX: PENDEKATAN SEM-PLS

2020 ◽  
Vol 7 (8) ◽  
pp. 1468
Author(s):  
Ira Ragelia ◽  
Puji Sucia Sukmaningrum
Keyword(s):  
Financial Performance ◽  
Intellectual Capital ◽  
Firm Value ◽  
Structural Equation ◽  
Value Added ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Performance Variables ◽  
Structural Capital

This study aims to analyze the effect of intellectual capital on firm value through financial performance as a intervening variable on companies that are consistently listed on the Jakarta Islamic Index from 2014 to 2018. Based on purposive sampling techniques, there are 15 companies used as research samples. This research tested used the Structural Equation Modeling method with Partial Least Square (SEM-PLS). The measurement of intellectual capital in this study uses the VAICTM method, which consists of Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), and Structural Capital Value Added (STVA). It was found that intellectual capital influence on firm's value directly and indirectly. Financial performance as a partial intermediary reflected through Return on Assets (ROA), Current Ratio (CR), Debt to Total Assets Ratio (DAR), Total Assets Turnover (TATO), and Earnings per Share (EPS). However, only ROA and TATO indicators can reflect financial performance variables. In the intellectual capital variable, there is only one valid indicator, namely physical and financial capital (VACA). The company's value in this study reflected through Market to Book Value and Tobin's Q.Keywords: intellectual capital, financial performance, firm’s value, SEM-PLS, Jakarta Islamic Index

Effect of Job-Insecurity, Organizational Commitment, Job Satisfaction on Turnover Intention: A Case Study of Newcomer Lecturers at Private Islamic Universities in East Java Province, Indonesia

2018 ◽  
Vol 6 (2) ◽  
pp. 199
Author(s):  
Asep Saifuddin Chalim
Keyword(s):  
Job Satisfaction ◽  
Organizational Commitment ◽  
Turnover Intention ◽  
Structural Equation ◽  
Job Insecurity ◽  
Partial Least Square ◽  
Least Square ◽  
Path Model ◽  
Equation Modeling ◽  
Pls Analysis

This study discussed employee turnover as one of the crucial problems faced by every organization. This study sought to analyze the determinants of turnover intention, such as job insecurity, organizational commitment, and job satisfaction. The objects of this study were newcomer lecturers of private Islamic universities in East Java Province, Indonesia. To analyze the relationship among independent variables and dependent variable; this study employed a correlation path model. To build the structural formulation of the correlation path model, this study used the variance-based Structural Equation Modeling (SEM) as a Partial Least Square (PLS) analysis. The study found that job insecurity influenced job satisfaction and organizational commitment. Moreover, job satisfaction and organizational commitment had positive impacts on the turnover intention. In contrast, job insecurity did not have a direct significant impact on the turnover intention, but it had indirect effect that influences job satisfaction and organizational commitment.

A Partial Least Square Structural Equation Modeling: Prestige Perception in Tourism

2020 ◽  
Author(s):  
Murat Kayak
Keyword(s):  
Structural Equation Modeling ◽  
Structural Equation ◽  
Partial Least Square ◽  
Least Square ◽  
Primary Data ◽  
Equation Modeling ◽  
Destination Brand ◽  
The Relationship ◽  
Intention To Revisit ◽  
Brand Prestige

This study aims to investigate destination brand prestige, and to explore the mediating effects of destination brand worldness between destination brand prestige and intention to revisit. Research is designed to collect primary data from the Taiwanese tourists. Partial least squares structural equation modeling is used to test the effects. The research model is appropriately implemented in Smart PLS 3 and a full mediation has existed through the empirical findings. The study shows how destination brand worldness mediates the relationship between destination brand prestige and intention to revisit.

Analysis of Natural Resources and Environment, Politico-Economic Conditions and their influences on Tourist Behavioural Intentions in Hunza: Mediating effect of Tourist Satisfaction

2020 ◽  
Vol 4 (4) ◽  
pp. 55-74
Author(s):  
Faqeer Muhammad ◽  
Kifayat Ullah ◽  
Rehmat Karim
Keyword(s):  
Natural Resources ◽  
Structural Equation ◽  
Positive Impact ◽  
Partial Least Square ◽  
Least Square ◽  
Mediating Effect ◽  
Economic Conditions ◽  
Primary Data ◽  
Equation Modeling ◽  
Tourist Satisfaction

This study aims to explore the influence of Natural Resources and Environment (NRE), Politico-Economic Conditions (PEC) on Tourist Behavioral Intension (TBI) in Hunza, Pakistan. The study further investigates the mediating role of Tourist Satisfaction (TS) on the given variables. Partial Least Square Structural Equation Modeling (PLS-SEM) technique has been applied to conceptualize the research frame and to test the proposed hypotheses. Primary data was collected by using convenient sampling technique for analysis from 220 tourists who visited tourism nucleus sites of Hunza. The finding of the study reveals that Natural resources and Environment, Politico-and Economic Conditions have a significant positive impact on Tourist’s Behavioral Intensions. Moreover, Tourist’s Satisfaction partially mediates the positive relationships among Natural Resources and Environment, Political & Economic Conditions and Tourist’s Behavioral Intensions. The findings of the study extend the understanding that presence of natural resources along with healthy environment and stable political & economic conditions of a destination are the key determinants for sustainable tourism development.

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