Profit Sharing Research Articles

The Effect Of Original Local Government Revenue, General Allocation Funds, Specific Allocation Funds And Profit Sharing Funds On Economic Growth Mediated By Capital Expenditure In Districts/Cities In Central Java

The Effect Of Original Local Government Revenue, General Allocation Funds, Specific Allocation Funds And Profit Sharing Funds On Economic Growth Mediated By Capital Expenditure In Districts/Cities In Central Java

PROFIT SHARING INSTITUTIONS FROM AN ISLAMIC LEGAL PERSPECTIVE AND CUSTOMARY LAW IN INDONESIA

Humans are creatures who like to socialize, they like to socialize with each other, and are called social creatures. In life, humans as social creatures are citizens of a living unit, acting as members of indigenous communities and citizens. Each individual must be willing to sacrifice personal rights for the sake of the common good, including in implementing profit sharing institutions. The problem is, how are profit sharing institutions implemented in Indonesia, viewed from Islamic Law and Customary Law? The aim of the research is to get an overview of the implementation of profit sharing institutions in Indonesia and viewed from Islamic Law and culture. This research uses a normative juridical approach, namely by researching and testing library materials or what is called secondary data with the aim of studying and analyzing the Profit Sharing institutions. The analytical method is research carried out based on statutory regulations which apply as positive legal rules and is presented without using formulas or numbers. The results of the research show that the implementation of profit sharing institutions in Indonesia has various and universal methods, one of which is in activities Syariah banking. Meanwhile, profit sharing institutions are reviewed from Islamic law, and indigenous communities are used in cultivating land, as a form of profit sharing agreement. The advice given is that the implementation of profit sharing institutions in Indonesia is still not yet balanced, it is necessary to apply the principle of justice. This is imbalanced, unbalanced and not in accordance with the size (proportional).

PENGARUH DANA PIHAK KETIGA (DPK), PEMBIAYAAN BAGI HASIL, DAN FEE BASED INCOME TERHADAP PROFITABILITAS PERBANKAN SYARIAH DI INDONESIA PERIODE 2014-2018

This study aims to discuss and analyze Third Party Funds (DPK), Profit Sharing Finance and Fee Based Income. The data used in this study are secondary data from January 2014 - December 2018. This study uses the method of multiple linear regression analysis using the SPSS 24 computer program. The results of this study indicate that Third Party Funds (DPK), Profit Sharing Finance, and Fee Based Income simultaneously or jointly affect Profitability (ROA). Results on Fee Based Income affect partially to profitability (ROA), Third Party Funds are not affect partially to Profitability, profit sharing finance is not affect partially to Profitability (ROA).

The Influence of Regional Taxes, Regional Levies, Profit Sharing Funds, and General Allocation Funds on Regional Spending (Case Study of Regency and Municipality in Central Java)

The background of the problem in this study is that the realization of Regional Levies revenues, Profit Sharing Funds and General Allocation Funds in Semarang Regency is not in accordance with the budgeted so that Regional Expenditure has decreased. This study aims to determine whether Regional Taxes, Regional Levies, Profit Sharing Funds, and General Allocation Funds affect Regional Expenditures. The population and sample of this study are regencies and municipalities in Central Java. Regional spending has an important role in running the government system, namely to improve public welfare and as a form of good governance. This study uses multiple linear regression analysis using data obtained from a summary of the 2020 and 2021 Regional Budget (APBD) realization reports which are quantitative published on the Indonesia Statistics. The number of samples in this study are 70. The results of the study show that Regional Taxes and General Allocation Funds have a positive effect on Regional Expenditure, while Regional Levies and Profit Sharing Funds have no effect on Regional Expenditure.

Comparison of Resident Satisfaction and Influencing Factors by Region and Group of Shinan-gun Solar Power Development Profit Sharing System: Focusing on Spatial Justice

Comparison of Resident Satisfaction and Influencing Factors by Region and Group of Shinan-gun Solar Power Development Profit Sharing System: Focusing on Spatial Justice

Pengaruh Pendapatan Asli Daerah, Belanja Modal dan Dana Bagi Hasil Migas terhadap Pertumbuhan Ekonomi di Aceh

Economic growth is an indicator of the success of development implementation which can be used as a macro benchmark and changes in Gross Regional Domestic Product (GRDP) in a region. GRDP is the amount of added value produced by all business units in a region. The higher the economic growth of an area indicates the better the economic activity in that area. This research aims to determine the influence of PAD, Capital Expenditures, Oil and Gas Profit Sharing Funds on economic growth in Aceh, with the selected year starting from 2011-2020. This research uses quantitative methods and the data used is secondary data in the form of the Aceh Government Financial Report and the General Ministry of Finance. The data analysis method uses multiple linear regression analysis. The results of the research show that local revenue has a positive and significant effect on economic growth in Aceh with a significance value of 0.009 < 0.05 and a value of tcount of 3.778 > ttable l value of 1.8945. Capital expenditure has no significant effect on economic growth in Aceh with a significance value of 0.464 > 0.05 and a t value of -0.783 < t table value of 1.8945. Oil and gas profit sharing has no significant effect on economic growth in Aceh with a significance value of 0.521 > 0.05 and a tcount value of -0.682 < ttable value of 1.8945. The results of the F test (simultaneous) show that the significance value of F is 0.001 < 0.05 and the F value is 24.832 > 19.35 indicating that there is a positive and significant influence of PAD, Capital Expenditures, Oil and Gas Profit Sharing on economic growth in Aceh.

Analysis of the Dairy Milk Supply Chain at Sapi Juara Farm, Bogor Regency

Pamijahan District in Bogor Regency, West Java, is known as one of the main sources of milk supply for dairy cows in the region. Dairy cow's milk is a product that has high and stable demand and selling value. Supply Chain Management (SCM) at Sapi Juara Farm in Pamijahan District involves the distribution of dairy cow's milk which includes product flow, information and finance. This study aims to understand the SCM of dairy milk at Sapi Juara Farm, including product flow, information and finance, as well as efficiency as measured through marketing margin and farmer's share. This research uses quantitative descriptive methods with primary data obtained from interviews. The results of the analysis show that there is a flow of dairy milk products, a flow of information from farmers to various actors in the supply chain, and a flow of funds that includes costs and profits from nine distribution channels that influence the performance of the supply chain based on the payment system. From the analysis of the profit share value, it can be seen that the SCM for dairy cow milk in Pamijahan District is running efficiently. It is hoped that SCM in Pamijahan District can be more efficient to avoid losses at each stage or link in the chain and stabilize milk prices in the market, while improving the welfare of farmers, especially at Sapi Juara Farm.

The Influence Of Local Own-Source Revenue, Revenue Sharing Funds And Special Allocation Funds On GDRP In Pesisir Barat Districts Of Lampung Province

Decentralization of policies provides great opportunities for regions to improve financial conditions. Efforts to increase regional revenues by paying attention to regional economic development, one of which is Regional Original Income (PAD), Profit Sharing Funds (DBH), Special Allocation Funds (DAK), and other legitimate income are other sources of income which are believed to encourage government to increase economic growth and community needs, especially the West Coast district. This research is quantitative descriptive in nature, with secondary data, Pesisir Barat Regency as the research observation area. The research was carried out with data from quarters 1 to 4 for 9 years time series from the period 2014: Quarter 1 - 2023: Quarter 4. The data is in the form of a timeseries so the methodology used is Ordinary Least Square (OLS) and Error Correction Model (ECM) . The research results show that regional original income (PAD) has a positive and significant influence on the long-term relationship with gross regional domestic product (GRDP), and does not have a positive and significant influence on the short-term relationship. Profit Sharing Funds (DBH) have a positive and significant influence on the long-term relationship with gross regional domestic product (GRDP), and have a positive and significant influence on the short-term relationship. Special Allocation Funds (DAK) have a positive and significant influence on the long-term relationship with gross regional domestic product (GRDP), and have a positive and significant influence on the short-term relationship.

Perkembangan Konsep Perjanjian Production Sharing Contract Dalam Mekanisme Pengolahan Minyak dan Gas di Indonesia

This research aims to determine the development of the concept of agreements in production sharing contracts in the oil and gas processing sector based on legal principles in Indonesia. This research uses normative juridical research which uses statutory regulations as a secondary data source. Apart from that, journals, articles, news portals (websites) were also used as supporting sources in this research. Based on the research results, it was found that the development of the concept of production sharing contracts in the oil and gas processing sector in Indonesia was initially introduced by Ibnu Sutowo. Then as time went by it developed up to 4 (four) changes. Even though in its development there have been changes, the concept used in the agreement remains the same, the only difference is in the type of agreement. The concept of a production sharing agreement can be applied in Indonesia because it is simpler, easier to understand by the public, more cost effective; compared to the “Profit Sharing” mechanism. The amount of "Production Sharing" should be close to the gross figure of the amount of "Production Sharing", so that oil and gas investors are not surprised by the new formulation. Because they are used to these numbers, what they live with now is still mutually beneficial. The possibility of applying taxes in the "Production Sharing" mechanism, can be applied at the beginning of activities (subject to Cost Recovery), or imposed on gross production results that come out of oil and gas wells. The formulation of the amount and type of tax needs to be studied jointly between the Director General of Taxes, SKKMigas, and oil and gas investor representative bodies. This is to continue to attract oil and gas investors to carry out oil and gas exploration and production in Indonesia

Optimal labor income taxation with the dividend effect

AbstractThe unequal distribution of dividends implies the unequal distribution of the profit share of workers’ product of labor. In a Mirrleesian framework when dividends cannot be expropriated, we show that a progressive distribution of dividends creates a positive dividend effect on labor income taxes. Our numerical simulations show the dividend effect to be approximately four percentage points. We analyze the dividend effect under different market structures and its interplay with other forms of taxation.

Market power, inequality, and financial instability

Over the last four decades, the U.S. economy has experienced a few secular trends: declining labor share, increasing profit share, widening income and wealth inequalities, rising household sector leverage and associated financial instability, manifested in an increase in the probability of financial crises. This paper provides a unifying framework for explaining these trends based on a rise in firm market power in both product and labor markets. We develop a general equilibrium model and show that the rise in firm market power over the last few decades can generate all of these secular trends.

Problems of legal regulation of thin capitalization in Ukraine

The proliferation of multinational companies is lengthening global value chains, and the development of the digital economy is giving them even more opportunities to shift profits. Intra-group loans are often used to shift profits to a jurisdiction with low tax rates to minimize overall tax liability. In order to combat the illegal transfer of profits, most countries introduce thin capitalization rules. Ukraine joined the BEPS plan, action 4 of which summarized the best practices for regulating debt obligations to non-residents. Most countries limit the total amount of loans, interest payments on which are deducted from the corporate tax base. The Tax Code of Ukraine establishes a double tax barrier - it limits both the amount of debt and the share of profit before deduction. However, the established barriers not only do not prevent profit shifting, but encourage the widespread use of this method to reduce tax liabilities due to profit shifting. The main drawback of thin capitalization rules is that allowed excessive amounts of loans from non-residents do not oblige the borrower to improve the financial results of the enterprise. Instead, they provide an opportunity to reduce the corporate tax base by 30% indefinitely and move them to jurisdictions with low tax rates. The method of regulation provided for by the Tax Code of Ukraine can be considered as an incentive for the misuse of State budget funds. In order to eliminate these shortcomings, it is proposed to significantly reduce both barriers and to oblige the borrower to ensure the effective use of loans to stimulate the socio-economic development of the country, i.e. to deduct interest from taxable profit only if there is an actual increase in the produced added value, the introduction of new products and/or processes. Existing shortcomings in the legal regulation of debt obligations prevent legal resolution of the case in court. New criteria for identification of the resident with regard to individuals and legal entities and the beneficial owner of income have been proposed.

PEMBIAYAAN BAGI HASIL: ANALISIS PENGARUH FAKTOR INTERNAL DAN FAKTOR EKSTERNAL BANK SYARIAH

The rapid development of the Islamic banking industry in Indonesia is evident in the substantial share of profit and loss sharing (PLS), particularly when compared to other nations. However, on regional scale, PLS as a primary product of Islamic banks has yet to assert dominance of disbursed financing. Analysis of internal and external factors that influence PLS of Islamic banks in Indonesia will be the focus of the research. The Error Correction Model method was chosen to determine the effects in the short and long term. Time series analysis was carried out in the time period January 2015 to December 2022. This research found that internal factors, Third-Party Funds had a positive and significant effect on PLS in the short and long term. Then Allowance for Impairment Losses in the short term does not have a significant effect but in the long term it has a negative and significant effect. Interestingly, PLS is not sensitive to CAR and economic growth. This research shows the resilience of Islamic banks in facing the crisis caused by the Covid-19 pandemic. PLS grew higher in the period after the Covid-19 Pandemic compared to before the Covid-19 Pandemic. The implications of these findings encourage Islamic banks to develop products and services, tighten risk management in the long term, and expand the market share of Islamic banks.

Apple Value Chain Industry Mapping Value Addition and Marketing Options in Mastung and Kalat Balochistan

Present work was conducted to assess the apple value chain, and marketing margin to propose policy recommendations for apple production in Balochistan. The population of the study consists of the Kalat division; districts Mastung and Kalat were selected randomly for conducting research. A total of 120 respondents were interviewed. 25 growers, 15 wholesalers, 15 retailers, and only 10 commission agents were interviewed separately in each district. The results showed that 24.0% of the apple growers in both districts were illiterate, about 80.0% had experience of 35 to 50 years in apple production, and about 80% of the orchards were established for 20 to 25 years. Producers' profit share for different varieties of apple Tor Kulu 46.66%, Shin Kulu 34.44%, and Kaja 48.55%. Wholesalers profit share for Tor Kulu 10.31%, Shin Kulu 7.94%, and Kaja 10.29%. and the retailers' profit share for Tor Kulu was 7.50%, Shin Kulu 4.94%, and Kaja 6.27%. Further, there were no facilities for cold storage and roads. Probably, the grower’s knowledge regarding apple production and the lack of facilities for wholesalers and retailers are the main obstacles to apple production. The major problems noted during the survey were the improper infrastructure, lack of markets in the study area, illegal smuggling of apples, less availability of natural resources and credit, and the lack of market intelligence and extension services. It is suggested that there should be a good possibility to develop a policy that supports the marketing of apples, especially through agricultural cooperatives, besides further enhancing the exploitation of state subsidies for apple production.

Impacts of Direct Cash Assistance, Social Security Enrollment, and Employment Stability on the Welfare of Hand-Rolled Cigarette Workers in Central Java

This research investigates the relationship between Direct Cash Assistance (BLT) from the Tobacco Product Excise Profit Sharing Fund (DBHCHT), BPJS Employment, employment status, and the welfare of hand-rolled cigarette workers in Central Java, Indonesia. Given the significant shifts from manual to mechanized production in the tobacco industry, the study addresses the crucial aspect of worker welfare amidst these changes. The analysis focuses on four key areas: Pati, Kudus, Demak, and Jepara, utilizing data collected from 451 hand-rolled cigarette workers through structured interviews. The methodology involves an ordered logit regression model to evaluate how financial assistance, health and accident insurance coverage through BPJS Employment, and permanent versus contractual employment statuses impact the welfare of these workers, with welfare quantified in terms of income and asset ownership. The results indicate a positive correlation between the provision of BLT DBHCHT and improved welfare indices, highlighting the effectiveness of direct financial aid in enhancing living standards. Additionally, enrollment in BPJS Employment is significantly associated with better welfare outcomes, underscoring the importance of robust social security systems for protecting worker welfare. The study also finds that permanent employment contributes to higher welfare levels compared to contractual work, suggesting that job security plays a crucial role in promoting worker well-being. These findings underscore the necessity for targeted policy interventions aimed at improving socio-economic conditions for laborers within Indonesia's tobacco sector. They also advocate for an expanded scope of welfare indicators in future studies to include more comprehensive assessments of worker well-being, incorporating health, educational attainments, and psychosocial factors.

Analysis Report on the Development of the Chinese Film Industry in 2023

Abstract The year 2023 marked a period of burgeoning opportunities and a return to rationality for the Chinese film industry. Throughout the year, favorable policies continued to guide the comprehensive recovery of the industry. The film market flourished again, and segmented distribution officially commenced, with new directors achieving notable successes. However, the Chinese film industry also faced challenges, such as lukewarm investment enthusiasm, uneven market demand during different periods, a shortage of high-quality films, and the rise in profit share for micro and short dramas. In the future, it will be necessary to adhere to policy-driven, creativity-driven, market-driven, enterprise-driven, and technology-driven strategies to achieve high-quality recovery and sustainable development.

Faktor yang mempengaruhi kinerja pembiayaan bagi hasil Bank Syariah di Indonesia

The purpose of this study is to analyze the effect of Good Corporate Governance on the Performance of Sharia Bank Profit Sharing in Indonesia, to analyze the effect of Investment Account Holders on the Performance of Sharia Bank Profit Sharing in Indonesia, to analyze the effect of Bank Capital on the Performance of Sharia Bank Profit Sharing in Indonesia and to analyze the influence of Bank Assets on the Performance of Sharia Bank Profit Sharing in Indonesia. The population in this study is the Sharia Commercial Bank and Sharia BPR companies that have been registered with Bank Indonesia until the end of 2014 until 2017. The sampling technique uses purposive sampling technique. The analytical tool used in this study is using multiple linear regression. Based on the results of the hypothesis test shows that Good Corporate Governance has a significant influence on the Performance of Profit Sharing; Investment Account Holders has a significant influence on the Performance of Revenue Sharing; There is no influence of Bank Capital on the Performance of Financing for Profit Sharing and Bank Assets that have a significant influence on the Performance of Profit Sharing.

Faktor yang mempengaruhi porsi pembiayaan bagi hasil pada Bank Pembiayaan Rakyat Syariah

This study examines conceptual and empirical models of Manager Skills, Sharia Compliance, Sharia Bank Characteristics, Manager Perception of Sharia Bank Internal SDI, Manager Perception of Customer Characteristics, Manager Perception of Regulatory Existence, Manager Perception of Government Support for Profit Sharing Financing Portion at Sharia People's Financing Bank. The selection of the research site was carried out by proportional simple random sampling technique. The sampling technique used in his research was purposive sampling. In this study there were 36 BPRS in DIY and Central Java, then five people were taken as respondents for each BPRS consisting of the Board of Directors, Sharia Supervisory Board, Marketing Manager, Operations Manager (Financing Manager) and Customer Service. So the number is 180 (One Hundred and Eighty) respondents. The object of assessment is the Operations Manager/Financing Manager, considering that this research is related to the portion of profit sharing financing. The results showed that 1) The conceptual skills of managers have a positive effect on the portion of profit sharing financing in Sharia BPR 2) The technical skills of managers have a positive effect on the portion of profit sharing financing in Sharia BPR 3) The social skills of managers have a positive effect on the portion of profit sharing financing in Sharia BPR 4) Manager's perception of the internal SDI of Islamic banks has a positive effect on the portion of profit sharing financing in Sharia BPR 5) Manager's perception about the existence of regulations has a positive effect on the portion of profit sharing financing in Sharia BPR 6) Manager's perception of government support has a positive effect on the portion of profit sharing financing in Sharia BPR 7) There is no influence of the characteristics of Islamic banks on the portion of profit sharing financing in Sharia BPR 8) There is no influence of sharia compliance on the portion of profit sharing financing in Sharia BPR 9) No influence of managers' perception of characteristics customers against the portion of profit sharing financing at BPR Syariah.

A new CNN model integrated in onion and garlic sorting robot to improve classification accuracy

The profit share of the vegetable market, which is quite large in the agricultural industry, needs to be equipped with the ability to classify types of vegetables quickly and accurately. Some vegetables have a similar shape, such as onions and garlic, which can lead to misidentification of these types of vegetables. Through the use of computer vision and machine learning, vegetables, especially onions, can be classified based on the characteristics of shape, size, and color. In classifying shallot and garlic images, the CNN model was developed using 4 convolutional layers, with each layer having a kernel matrix of 2x2 and a total of 914,242 train parameters. The activation function on the convolutional layer uses ReLu and the activation function on the output layer is softmax. Model accuracy on training data is 0.9833 with a loss value of 0.762.

Komparasi Kinerja Keuangan dan Islamicity Performance Index Bank Umum Syariah Indonesia Sebelum dan Selama Pandemi Covid-19

This study aims to analyze the financial performance of Sharia commercial banks between before and during the covid-19 pandemic. This study uses an analysis of financial ratios and islamicity performance index to measure the financial performance. This study uses a quantitative method by using a comparative approach that compares the similarities or differences of three objects studied in a certain frame of mind. This study uses quarterly financial reports in 2018-2021. The population of this research is Islamic commercial banks that registered with OJK and issue quarterly financial reports. The statistical method used is the descriptive statistical test and Wilcoxon signed-rank test. The results show differences in the financial ratio (for KPMM, NPF, FDR, NI, and BOPO), islamicity performance index (for Profit Sharing Ratio and EDR_Qard & Donation) of Islamic commercial banks between before and during the pandemic