Pre-Adoption Readiness of Climate Disclosure in Provincial Environmental Offices in Java Island: IPSASB SRS 1 Analysis

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This study assesses the pre-adoption readiness of six provincial environmental agencies on Java Island, Indonesia, to implement IPSASB Sustainability Reporting Standard 1 (SRS 1) Climate-related Disclosures before its mandatory effective date of January 2028, examining overall readiness levels, pillar-level development, and year-on-year change. A descriptive-comparative content analysis was applied to 12 Government Agency Performance Reports (GAPR) for 2023–2024 from all six Java provinces. A 12-indicator index operationalizing the four SRS 1 pillars (governance, strategy, risk management, and metrics and targets) was applied alongside a three-level scoring scheme (0 = absent; 1 = partial/general; 2 = specific/quantitative) and a conservative coding rule that excludes public climate program information from entity-level operational risk scores. Average readiness rose from 48.6% in 2023 to 53.5% in 2024, remaining at the intermediate stage, with marked inter-provincial heterogeneity (DI Yogyakarta: 70.8%; East Java: 29.2%). Strategy was the strongest pillar (62.5%) and risk management the weakest (37.5%). None of the 12 reports disclosed Scope 1, Scope 2, or Scope 3 operational greenhouse gas emissions at the entity level, revealing a fundamental gap between climate program reporting and entity-level fiscal risk disclosure. Pre-adoption investments should prioritize operational emissions inventories (Scopes 1–3), climate-specific risk registers, inter-agency governance coordination, and financial impact and scenario analysis capabilities. The findings support a phased implementation approach for subnational governments in developing countries.This study contributes the first SRS 1-specific pre-adoption readiness baseline for subnational governments in Indonesia, a replicable 12-indicator assessment instrument incorporating a conservative coding methodology, and empirical evidence to inform capacity-building strategies ahead of the standard’s effective date.

Strategy for Optimizing Idle Land to Increase Non-Aeronautical Revenue: A SWOT and VRIO Approach

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The decline in air traffic at Adisutjipto Airport, Yogyakarta, following the opening of Yogyakarta International Airport calls for revenue sources that do not depend on passenger volume. This study analyzes the existing condition of idle land, the internal and external factors influencing its optimization, and the company’s resource advantages, and then formulates a strategy for optimizing idle land to increase non-aeronautical revenue. A descriptive qualitative approach was employed in a single case study of the 4,945 m² Babarsari idle land owned by PT Angkasa Pura Indonesia, Adisutjipto Yogyakarta Branch Office. Primary data were obtained through semi-structured interviews with nine purposively selected informants; secondary data came from the partner selection document and the highest and best use (HBU) study. The data were analyzed through reduction, display, and conclusion drawing using weighted strengths, weaknesses, opportunities, and threats (SWOT) analysis, value, rarity, imitability, and organization (VRIO) analysis, and a value creation assessment. Data trustworthiness was tested through triangulation, member checking, and an audit trail. The results show that the land has clean and clear legal status, that the company’s strategic position lies in SWOT Quadrant I (+0.88; +1.68), and that four of the six resources generate sustained competitive advantage. Corporate reputation and the stakeholder network have not yet been utilized because organizational readiness, particularly specific regulations for land outside the Airport Master Plan (AMP) and communication with the community, is still being developed. The sports center alternative with integrated commercial facilities ranks highest on four of the five value creation indicators, although its net present value is lower than that of office space. These findings indicate that strategy selection depends not only on financial performance but also on organizational readiness and stakeholder relationships. Actual revenue realization will be evaluated once the business activities are in operation. The study recommends strengthening internal regulations, accelerating the cooperation process, and developing an asset utilization strategy that considers economic potential, implementation readiness, and business sustainability.

Achievement Orientation, Personalized Experience, and Social Interaction as Drivers of Purchase Intention: The Mediating Roles of Personal Fulfillment and Social Connectedness in Digital Commerce

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The rapid expansion of digital commerce necessitates engaging consumer experiences beyond functional transactions, highlighting gamification as a critical digital marketing mechanism. This study investigates the impact of gamified experiences on consumers’ Purchase Intention, specifically examining the mediating roles of Personal Fulfillment and Social Connectedness. Drawing upon Self-Determination Theory (SDT) and the Uses and Gratifications (U&G) perspective, the conceptual framework evaluates three gamification design dimensions: Achievement Orientation, Personalized Experience, and Social Interaction. Employing a quantitative approach, data were collected from 215 digital commerce users via purposive sampling. The structural relationships were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) via SmartPLS 4. The empirical results reveal that Achievement Orientation, Personalized Experience, and Social Interaction significantly enhance both Personal Fulfillment and Social Connectedness. Furthermore, these psychological and social benefits positively drive Purchase Intention, with the social pathway demonstrating the strongest substantive contribution. The findings suggest that digital marketers should design gamified environments that not only facilitate individual accomplishments but also foster meaningful community connections to maximize purchase-related outcomes.

The Impact of Green Finance and Cultural Preservation on Sustainable Development in Vietnam

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This paper evaluates the impact of Green Finance (GF) and Cultural Preservation (CP) on Sustainable Development (SD) in Vietnam, while examining the mediating role of Cultural Preservation and the moderating role of Community Awareness/Supportive Policies (MO). Utilizing a quantitative research design with a empirical survey sample of residents, enterprises, and local authorities across key heritage and ecotourism regions, the analysis was executed through a multi-stage statistical pipeline: Cronbach’s Alpha reliability analysis, Exploratory Factor Analysis (EFA), Confirmatory Factor Analysis (CFA), and Structural Equation Modeling (SEM). The empirical findings reveal that both Green Finance and Cultural Preservation exert significant direct positive effects on Sustainable Development. Crucially, Cultural Preservation acts as a vital partial mediator, transforming green financial capital into sustainable economic, environmental, and social values. Based on these insights, managerial implications and policy recommendations are proposed to promote green financial mechanisms intrinsically linked to cultural heritage preservation in Vietnam.

The Role of Institutional Support in Shaping Entrepreneurial Mindset Among College Students: An Empirical Analysis

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The development of an entrepreneurial mindset among college students has become increasingly important in the context of changing employment patterns, technological advancement and the growing significance of innovation and self-employment. Higher educational institutions can contribute to entrepreneurial development by providing appropriate education, training, mentoring, encouragement, practical exposure and entrepreneurial facilities. Against this background, the present study examines the role of institutional support in shaping the entrepreneurial mindset among college students, with special reference to SAFI Institute of Advanced Study. The study is based on primary data collected from 100 college students through a structured questionnaire. The study focuses on two major constructs: institutional support and entrepreneurial mindset. Institutional support is examined through entrepreneurship education, training and skill development, mentoring and guidance, institutional encouragement and environment, and infrastructure and entrepreneurial facilities. Entrepreneurial mindset is assessed through opportunity recognition, creative thinking, entrepreneurial confidence, calculated risk-taking and interest in entrepreneurship as a career. Percentage analysis, dimension-wise analysis and Pearson’s correlation coefficient are employed for data analysis. The findings indicate that students have a generally favourable perception of institutional support, with institutional encouragement and environment receiving the highest level of agreement at 71.3%, while infrastructure and entrepreneurial facilities record the lowest at 58.7%. The overall entrepreneurial mindset records an agreement level of 73%. The study highlights the importance of strengthening practical exposure, formal mentoring, incubation facilities and entrepreneurial networking to create a stronger entrepreneurial ecosystem within higher education institutions.

Optimizing Financial Performance: Evidence from Capital Structure, Firm Size, and Liquidity Dynamics

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The objective of this study is to ascertain the impact of capital structure (DER), firm size (Ln Size), and liquidity (CR) on financial performance (ROA) among companies in the metals and other minerals sub-industry listed on the Indonesia Stock Exchange during the 2020–2024 period. The present study employs an explanatory survey design, utilizing quantitative secondary data. The population of this study consists of companies in the metals and other minerals sub-industry that are listed on the Indonesia Stock Exchange from 2020 to 2024. The purposive sampling method was employed to select the sample, resulting in the acquisition of data from 6 companies and 30 data points, encompassing a five-year observation period. The analytical methods employed encompassed descriptive statistical analysis, classical assumption tests, multiple linear regression analysis, and hypothesis testing. The findings of the research indicate that the capital structure exerts a partial influence on financial performance. Furthermore, the study demonstrates that firm size does not have a significant impact on financial performance, and liquidity does not affect financial performance. Concurrently, the capital structure, the size of the firm, and liquidity have been demonstrated to exert a simultaneous influence on financial performance.

When Social Responsibility Meets Profitability: Determinants of Firm Value in Indonesian Mining Companies Listed on the Indonesia Stock Exchange

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This study examines the effect of Corporate Social Responsibility (CSR) disclosure and profitability ratios on firm value among mining sector companies listed on the Indonesia Stock Exchange (IDX). CSR disclosure was measured using an index based on the Global Reporting Initiative (GRI) Standards 2016, while profitability was proxied by four indicators: Return on Equity (ROE), Return on Asset (ROA), Gross Profit Margin (GPM), and Net Profit Margin (NPM). Firm value was measured using Price Book Value (PBV). The sample was selected through purposive sampling from a population of 46 mining companies listed on the IDX during 2020–2024, resulting in five companies that met all the criteria and a total of 25 observations. Data were analyzed using multiple linear regression with SPSS following classical assumption testing. The results show that CSR disclosure has a positive and significant effect on firm value. Among the four profitability indicators, only ROE has a significant positive effect on firm value, while ROA, GPM, and NPM have no significant effect. Simultaneously, CSR and profitability ratios significantly affect firm value, with a coefficient of determination of 80.2%. These findings are relevant amid the recent slowdown in Indonesia’s mining sector and the ongoing transition of sustainability reporting regulation toward standards aligned with the International Sustainability Standards Board (ISSB).

Keynes’s Message, Method and Language in the Works of Fausto Vicarelli

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This essay examines Keynes’s theoretical message, method and language, and traces their presence in the works of Fausto Vicarelli and in his intellectual legacy. Since the 1930s, following Keynes, the explanatory core of the business cycle has been located in the instability of the saving–investment relationship. Keynes regarded economics as a branch of logic rather than of mathematics — a way of thinking, not a pseudo-natural science. He did not write in the esoteric jargon of mathematicians addressed to a few colleagues; he used instead the language of those whose understanding and support were necessary for policy intervention. Following Keynes, Vicarelli stressed that economics is not an isolated body of knowledge but one inseparable from philosophy, psychology, history and politics. For him, economics was an important scientific discipline, yet unable, by itself, to capture the essence of human social behaviour.

The Influence of Customer Experience, Local Wisdom, on Customer Loyalty Clothing Market Mediated bt Customer Relationship Management

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This study aims to analyze the effect of customer experience, and local wisdom on customer loyalty in the clothing industry in batam city, with customer relationship management (CRM) as a mediating variable. The backgrounds of this research is based on the condition of the clothing industry in batam, which is still considered an immature market, characterized by intense competition, unstable purchasing power, adn suboptimal implementation of marketing strategies and customer relationship management. This research uses a quantitative approach with a survey method through questionaries based on a Likert scale distributed to clothing consumers in batam. The sampling technique used is purposive sampling, with criteria of respondents who have purchased clothing product. Data analysis was conducted using Structural Equation Modeli g (SEM-PLS) to examine both direct and indirect relationship between variables. The result show that customer experience and local wisdom have significant effect on customer loyalty, both directly and indirectly through CRM as mediating variable. In addition, CRM plays an important role in strengthening the relationship between independent variables and customer loyalty. These findings indicate that improving customer experience,  and integrating local wisdom must be supported by effective customer relationship management to optimally enhance loyalty. This study provides theoretical contributions to the development of marketing management, particularly regarding the mediating role of CRM, and offers practical implications for clothing businesses in Batam in designing more effective to improve customer loyalty

The Influence of Employee Performance, Supply Chain Management and Service Quality on Operational Performance Power as a Service Regional Sumbagsel PT. XYZ

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This research aims to analyze the influence of Employee Performance, Supply Chain Management, and Service Quality on Operational Performance in the Power as a Service (PaaS) business at PT. XYZ Regional Sumbagsel. The resarch utilized a quantitative design involving survey data from 568 subjects including Site Engineers and Site Engineer Coordinators. Data analysis was performed utilizing the Partial Least Squares-Structural Equation Modeling (PLS-SEM) technique via SmartPLS 4. The empirical findings indicate that Employee Performance, Supply Chain Management, and Service Quality have a positive and significant effect on Operational Performance, both partially and simultaneously. The Service Quality variable has the most dominant influence on improving operational performance. The research model also showed good predictive ability with an R-Square value of 0.543 and Q-Square of 0.532. These findings indicate that the success of operational performance in the PaaS business is greatly influenced by the integration of human resource quality, supply chain effectiveness, and consistency of service quality in supporting the achievement of Service Level Agreements (SLAs). This research contributes to the development of operational management literature, especially on the telecommunications infrastructure industry which demands a high level of service reliability and minimal downtime.