Transaction Activities Research Articles

The deterrence effect of M&A regulatory enforcements

Economic, political, and public policy uncertainty affect merger and acquisition (M&A) activity. In this paper, we use Department of Justice (DOJ) and Federal Trade Commission (FTC) interventions in the M&A market to investigate whether regulatory interventions also matter. Our results support this conjecture. Using the Hoberg and Phillips (2010) similarity scores to identify product market competitors, we confirm a clear and significant DOJ/FTC regulatory enforcements' deterrence effect on future M&A transaction activity, a result robust to many alternative specifications. Additional evidence indicates that this deterrence effect is (at least partly) driven by both regulatory outcome uncertainty and regulatory intervention probability channels. Our results identify an (un)intended consequence of antitrust regulation that affects M&A activity.

Socialization of Advertising and Digital Marketing of MSMEs Flower Pot Craftsmen in Mekargalih Village Jatiluhur Purwakarta

Micro, Small and Medium Enterprises (MSMEs) have an important role in the economic and industrial growth of a country. Especially with the current technological advances, it is easy for MSME players to introduce and sell their products widely. Digital marketing is one of the main keys to being able to carry out online transaction activities, both using social media and marketplaces. Due to the lack of knowledge about digital marketing and advertising, it is difficult for business actors to develop and compete. In community service activities carried out in Mekargalih Village, it aims to enable MSME players to expand product sales and encourage the economic growth rate of flower pot industry players so as not to lose market share. The community service activities that have been carried out can be concluded that the process of socializing advertising and digital marketing has a positive impact on the business development of flower pot craftsmen. Starting from increasing the knowledge of business actors about the use of internet technology as an online marketing medium, increasing the ability and skills of business actors in building and running online marketing and until flower pot craftsmen are able to expand the product sales network nationally and even internationally. The program to support community service activities also has a positive impact on the community, because the community feels helped and provides awareness of the importance of maintaining cleanliness, especially maintaining the cleanliness of places of worship such as prayer rooms, jami'mosques and mejlis ta'lim. In addition, the community also feels helped by the Al-Quran waqf program, because the existence of a new and readable Al-Quran can increase interest in continuing to read the Al-Quran.

Statistical process control and PDCA for quality improvement in the mexican automotive industry

Despite the advancements witnessed in the realm of quality improvement, Statistical Process Control (SPC) perseveres as a universally embraced and extensively employed tool within manufacturing companies across the globe. This enduring popularity can be attributed to its adherence to the time-tested principles established by Shewhart, which have withstood the test of time since their inception in 1924. Over the years, SPC has consistently proven its efficacy in optimizing manufacturing processes, enhancing product quality, and fostering continuous improvement initiatives. Quality is an utmost necessity in the automotive industry, which ranks as the 3rd most significant industry in Mexico and the 5th globally in terms of volume and transactional activity. This research focuses on a successful real case study that demonstrates the enhancement of capability in a critical machining operation within an automotive plant located in Mexico, specifically dedicated to truck engine remanufacturing. This improvement was achieved through the analysis of x̅ and R control charts, followed by the implementation of the Plan-Do-Check-Act (PDCA) cycle. The results obtained were derived from a comparative analysis of data from two distinct time periods in the machining process of bushing diameters. This analysis revealed a significant increase in process capacity, with a 13.08% improvement in the Process Capability Index (Cpk) and a 17.2% enhancement in the Process Performance Index (Ppk). The decrease in expected out-of-specification parts showed a remarkable improvement of 72.7%. Additionally, there was an enhancement in process variability, with a notable 8.33% reduction in the mean range. The significance of this research lies in its empirical identification of gaps and opportunities within the realms of quality assurance and quality control, utilizing methodologies for quality improvement. By uncovering these gaps and opportunities, this study provides valuable insights that can guide future efforts to enhance quality practices and drive continuous improvement in the field.

Державна інвестиційна політика в контексті обліку й оподаткування установ фінансово-кредитної та бюджетної сфер

The article determines that the significant growth of interest in the management of the process of generating profits and the use of investment resources in the field of implementation of investment and innovation projects and programs testifies to the special importance of investment operations as the main source of financial stability and further development of economic entities. It is substantiated that institutions of the financial, credit and budget sphere can use various forms of State regulation of investment activity, in particular, the most used of them are: management of State investments, regulation of the conditions of investment activity, as well as control over the order of its implementation, which is carried out by all investors and participants in investment activity. It has been proven that for domestic banks, investment activity is primarily a tool for asset diversification, a means of maintaining liquidity and a source of profit generation. This, in turn, requires the implementation of a balanced State policy based on a complex of tax and financial stimulation methods. It is defined that, in contrast to the financial and credit sphere, in the budget sector, investment activity, accounting and taxation of investment transactions is a rather specific direction. Focusing on the basic concept of investment formulated in the legislative field, methods of reproduction of investments in the budget process are systematized and it is proved that the State bodies can manage the State investments, in particular financial ones, and this allows the accountant of a budget institution to correctly reflect economic transactions in accounting and prepare financial statements, properly comply with tax discipline. This made it possible to allocate a significant feature for budget planning, which is expressed in the fact that the use of fund and financial instruments in the budget process will not act as the implementation of the budget institution's estimate for capital expenditures.

Changes In Retail Consumer Shopping Behavior After The End Of Covid 19 In Indonesia: Towards Digital Transformation Behavior

This study aims to determine the changes in online shopping behavior of retail consumers after the end of covid 19 in Indonesia and the possibility of online shopping sustainability in the future towards digital transformation. Changes in consumer behavior occur due to the application of social distancing, including changes in the selection of retail product purchase locations and changes in transaction models to obtain the required retail products. The change of buying and selling locations and payment models from offline to online is inevitable. Therefore, Indonesian people are now increasingly accustomed to making purchases of various purposes online. Now, more and more people are making purchases online, so the impact on online stores is beginning to be seen with the increase in transaction activity. Research methods using previous research literature. The type of retail in this study is limited to the category of independent traditional retail stores such as food stalls, mini supermarkets, grocery stores and fashion stores as well as online shopping services that are still valid until the time of this study. Suggestions for consumers and businesses to continue to adjust online shopping behavior with the Times and technological sophistication towards digital transformation. In the future, online shopping is still needed because of the practical way with digital transformation service facilities that match consumer demands.

Analysis of Akad Salam (Pre-Order) in Online Buying and Selling Hanbali Mazhab Perspective (Case Study on Tokopedia Marketplace)

The Hanbali Mazhab or Al-Hanabilah is a school of fiqh in Islam proposed and developed by Imam Ahmad bin Hanbal, a mujtahid and scholar of fiqh and hadith who came from Bahdad. The development and potential of online buying and selling in Indonesia is very large, with a Muslim population of 207 million people or 87.2%. The most users of the marketplace are Muslim people who must comply with the rules of buying and selling in Islam, not only the halalness of the product but also transaction activities that must not conflict with Islamic sharia. In online buying and selling transactions in the marketplace, there are several types of contracts used, one of which is the salam contract in pre-order buying and selling. The purpose of this study is to analyze the use of salam (pre-order) contracts in online buying and selling transactions in the marketplace based on the Hanbali school of thought. This research uses a qualitative method, namely library research (literature study) with secondary data and primary data based on direct observation in the tokopedia marketplace. The results of this study indicate that the application of the salam (pre-order) contract in online buying and selling in the Tokopedia marketplace has fulfilled the pillars of the salam contract so that the transaction remains valid but in the application of the conditions there are still discrepancies.

Islamic Business Ethics in Online Commerce: A Perspective from Maqashid Shariah by Imam Haramain

This research aims to understand the maslahah principle in the maqashid sharia concept, which is used as a basis for making laws for justice and prosperity, and how this principle is applied in Islamic economics and business. This research uses a qualitative approach with data analysis techniques such as field notes to conclude. This research tool measures events and collects data based on information from the parties involved (sellers and buyers). The data collected is based on observations of consumers and sellers' followers. The research results show that in online buying and selling transaction activities, it is essential to pay attention to the principles of justice in order to avoid things that can harm other parties and can be held accountable. In this case, the mu'amalah relationship that is the main thing in transactions in online buying and selling is the contract and "an taroodhin". According to Imam al-Juwainy, the implementation of maqashid sharia in online buying and selling transactions in the marketplace has been fulfilled. However, several other minor aspects still need to be fulfilled, such as protecting assets, both for the seller and the buyer.

Eksplorasi Model Unified Theory Of Acceptance And Use Of Technology Sebagai Pemediasi Dan Dampaknya Terhadap Minat Dan Perilaku Dalam Menggunakan Livin' By Mandiri

This research is motivated by the continued progress of information technology. The sophistication of information technology has brought various changes to human life. One of the changes caused by technology is in the field/activity of easier transactions. Technology shifts transaction activities that are usually carried out traditionally (via ATM centers) to activities or transaction processes that can be carried out in a sophisticated and practical way (without visiting an ATM center). Livin' by Mandiri is a mobile banking application from Bank Mandiri that helps customers manage their finances easily. Apart from that, Electronic Commerce or e-commerce is all buying and selling activities or transactions carried out using electronic media (the internet). This research aims to determine the factors that influence interest and behavior in using the Livin' by Mandiri application as measured by variables in the UTAUT 2 model. This quantitative research uses a survey method with a total of 149 respondents using the Livin' by Mandiri application. Samples were taken using a purposive sampling technique. Data The analysis technique used is the SEM-PLS method, and the data is processed using SMART PLS 3.0 software. The research results show that the factors that have a significant influence on the behavior of using the Livin' by Mandiri application are behavioral influence, facilitating conditions, and social influence. Then the significant influence on behavioral interest in using the Livin' by Mandiri application is significantly influenced by Facilitating Conditions and Social Influence. Keywords: Behavioral Interest, Usage Behavior, UTAUT, UTAUT 2

Capacity Building for Farming System Digitalization Using Farming Management System

Agriculture is one of the most important areas of human activity around the world. As the population increases, it is necessary to increase agricultural production. In the age of information technology, information plays a key role in people's lives. Agriculture is rapidly becoming a highly development-intensive industry where farmers need to collect and evaluate a large amount of information in their business processes to become more efficient in production and communicate information accordingly. Modernizing agriculture requires technological know-how for the efficient use of agricultural inputs. It deals with factors such as ecological footprint, product safety, labor welfare, nutritional responsibility, plant/animal health and welfare, economic responsibility and local market presence. They cover almost all stages in the production chain concerning day-to-day agricultural tasks, transactional activities for all stakeholders involved, and support for information transparency in the food chain. The use of information technology and network infrastructure currently enables the application of technology in agricultural business processes, but there is no standardized solution to enable interoperability and integration among services and stakeholders. Farming Management System (FMS) is expected to be a solution and standard in the use of technology in agriculture. Farming management system is a management system specifically designed to assist farmers or farm managers in managing their farming operations more efficiently and effectively. This system usually consists of integrated software and hardware to monitor and collect data from various aspects of agriculture, such as irrigation, fertilization, pesticide spraying, etc.

How Green Finance Affects Green Total Factor Productivity—Evidence from China

Green finance is currently a key driver of China’s economic green transformation, but its impact on green total factor productivity (GTFP) mechanisms still needs further examination. Based on clarifying the theoretical mechanism of the impact of green finance on GTFP, this study uses the SBM model, which includes unexpected output, to calculate the GTFP of 30 provinces in China from 2006 to 2020. It further breaks down GTFP into green technical efficiency change (EC) and green technical change (TC) and explores in detail the internal mechanism of the impact of green finance on GTFP, as well as its channels of action from the perspectives of technology transaction activity and financial development. The study finds that green finance can significantly improve GTFP, and its impact mechanism is mainly achieved through the promotion of green technical change. Stimulating the activity of the technology transaction market and improving the level of financial development are powerful channels for green finance to improve GTFP. The study also shows that the impact of green finance is relatively robust when dividing the 30 provinces of China into coastal, inland, eastern, central, and western regions. Due to the lack of financial development and abundant natural resources, the impact of green finance is not significant in the western region. These conclusions not only provide new research perspectives and supplementary empirical evidence for understanding the impact of green finance on GTFP, but also provide useful references for further improving relevant policies and promoting China’s economic development and transformation.

YURIDICAL ANALYSIS SYUF`AH RIGHTS IN LAND SALE AND PURCHASE TRANSACTIONS (Case Study In Darussalam District)

Land buying and selling transactions are closely related to people's lives which are a benchmark for whether or not the public understands land buying and selling transactions as regulated in Islamic law and Indonesian positive law. Disobedience in carrying out land sale and purchase transactions can lead to disputes which result in disputes in the future in society. Land buying and selling transactions that occur in the Darussalam sub-district community are the object of research conducted to see how the process of buying and selling land occurs whether there is an application of syuf`ah rights according to the provisions in fiqh muamalah and Islamic law. In this study, the main focus of the research is how the practice of buying and selling land in Darussalam sub-district, how is the existence of the application of syuf`ah rights that occur in society and how is the juridical analysis of syuf`ah rights in buying and selling land. The method used in this study is the method qualitative and sociological juridical with the type of field research (field research) and library research (library research). Research data were analyzed by means of descriptive analysis. Based on the analysis, it shows that land buying and selling transactions are in accordance with the applicable land sale provisions, in practice the community enforces syuf`ah activities in the process and becomes a necessity in land buying and selling transaction activities, but there are still those who do not carry them out due to a lack of understanding of syuf'ah rights . In this study, it was found that not all local people know the mention of syuf`ah rights in their daily lives, mention of syuf`ah rights in general is often referred to as "neighboring rights". The implementation of neighbor rights is still being used and continues to grow in society.Keywords: Islamic Law, Fiqh Muamalah, Syuf`ah Rights, Land Management, Land Purchase Transactions

Classification of the Contract; Tabarru Lending Money, Qardh, Rahn, Hiwalah

Tabarru 'Lending Money, Qardh, Rahn, Hiwalah Islamic financial institutions in practice have two categories of contracts, there are so-called Tijarah contracts and Tabarru' contracts. expect rewards, which include tabarru' contracts including qardh, Rahn, Hiwalah contracts, in this scientific paper will explain the concept of pillars, terms, types, and Tabarru' contract practices in Islamic financial institutions. The methodology in this scientific paper uses a qualitative descriptive methodology which describes the classification of the contract; tabarru' lending money, qardh, rahn, hiwalah.Tabarru' Lending Money, Qardh, Rahn, Hiwalah, it can be concluded that from each tabarru contract such as qardh in its transaction activities, additional transactions are not allowed, if there is an additional qardh contract from each loan then the status of the law is usury. Likewise with rahn or sharia pawning does not apply interest from each rahn contract, but in a rahn or sharia pawn contract there is a maintenance fee for goods used as collateral or collateral. As for the hawalah contract, it is permissible to do ad-Dain (assets that are still in the form of debt), not to alAin (assets whose goods are concrete, usually interpreted as goods), or in other words, the hawalah contract is valid if the muhal bih is not in the form of goods debt (alAin).

Authority and Dynamics of Compliance to Resolve Sharia Digital Finance Disputes in Indonesia

This article focuses on analyzing the urgency of authorities in adapting technology to modern financial services. Conventional financial institutions (existing institutions) are entering a new era, where all financial transaction activities are connected to technology. The development of digital financial services such as electronic money (digital payments) and digital funds (crowdfunding) creates very fierce competition in today's modern financial services industry. The main problem that arises in the adaptation of information technology in financial services is legal certainty and protection for parties involved in digital financial transactions. This research analyzes the development trend of digital financial services in Indonesia. In addition, this study shows the efforts made by regulators in anticipating legal problems. Views on Islamic digital financial dispute resolution approaches and procedures are also the focus of discussion in this article. The method used in this study is literature research. This research uses an exploratory normative legal approach. Data collection techniques are carried out by observing, reviewing, and analyzing textual information which is then adapted as the main data in the discussion of this research topic. Data was collected from a literature review in the form of library materials or secondary data related to digital finance. This research produced several findings, namely: 1) the urgency of the authority in controlling the implementation of Islamic digital finance by presenting special regulations to minimize disputes between the parties. 2) Sharia digital financial platforms are ensured to have maximum Sharia compliance tools through Sharia compliance audits under the control of the authority.

The Influence of Perceived Ease, Perceived Risk, System Security, and Service Quality on Trust in Transactions Using Shopee E-commerce

The rapid development of information technology has an impact on the transaction style of Indonesian society. This has led to the emergence of online transaction activities. This research has the purpose to prove whether there is an influence of perceived ease, perceived risk, system security, and service quality on trust in transacting using Shopee e-commerce. The research sample consists of students at Muhammadiyah University of Purwokerto, with the condition that these students are users of Shopee e-commerce and have transacted at least once. The purpose is to assess the factors of using Shopee e-commerce from the perspective of students. The analysis results indicate that perceived ease, system security, and service quality have a significant positive influence on trust in transacting using Shopee e-commerce. Meanwhile, perceived risk has a significant negative impact on trust in transacting using Shopee e-commerce.

Pendampingan Penambahan Media Pembayaran QRIS Pada UMKM Toko Pertanian dan Toko Kelontong di Kabupaten Sleman

This activity aims to assist the addition of QRIS payment channel of Toko Pertanian "Griya Tani" and Toko Kelontong "Bu Tini". Both partners are located in Mororejo, Tempel, Sleman, DIY. In their business, both partners have the same obstacles related to difficulties in finding change so that it can hamper transaction activities. Based on these problems, it is important to assistance in adding other payment channel through QRIS which can be a solution so that it will facilitate their buying and selling transaction activities. The method used is socialization by providing an understanding of QRIS and its benefits, guidance on registering and how to get a business DANA account to take QR codes as payment codes. The result of this mentoring activity is that both partners understand about QRIS and its uses and both partners have a new payment channel, namely QRIS as an alternative payment other than using cash.

Determinan Keuangan Keperilakuan Heuristic dan Herding Analysis terhadap Keputusan Investasi Berbasis Syariah

Increasing investor interest in investing will certainly increase transaction activity in capital market, so that it will have an impact on the smooth running of company's operations. Business activities that run well and safely will increase the rate of economic growth. Relatively affordable investment capital as launched by Indonesia Stock Exchange since 2015 by holding the "Yuk Nabung Saham" campaign aimed at inviting investors to invest by buying stocks or other instruments on a regular basis at Capital Market. Throughout 2021, the growth in the number of investors has increased very significantly, especially for novice investors from millennial generation to invest in several sharia instruments. This study aims to examine heuristic bias (representativeness, overconvidence) and herding financial behavior models of sharia-based investment decisions for millennials in the West Java region. Quantitative research with a causal design was applied using a purposive sampling technique by collecting a questionnaire of 180 respondents. Meanwhile, the data analysis method uses the PLS software application. The results showed that financial variable representativeness behavior had a significant negative effect on investment decisions of millennial generation in West Java, while financial variables of overconfidence and herding behavior had a significant positive effect on investment decisions of millennial generation in the West Java region.

Breaking Barriers and Building Trust: A Blockchain-based Solution for Secure Transactions in Multipurpose Businesses in Bangladesh.

Blockchain has the potential to secure the transaction system of business of any kind. The decentralised mechanism of blockchain ensures transparency of transaction. The fact that it is nearly impossible to temper with data included in a blockchain and scope of recording transactional information of both past and present, is what makes it more attractive to a business organization. As our focus is particularly on multipurpose businesses of Bangladesh, we tried to come with a system that best fits the scenario, also ensuring that system can make the best use of all the default yet convenient features of blockchain. We have conducted a qualitative research on the topic based on the types, features and facts of blockchain. The base of the system is built with consortium blockchain, as it provides the benefits of both the public and private blockchain. In the proposed system, public blockchain is used among the members of a particular department, whereas all the departments together are connected via private blockchain. This basically derived from the basic structure of consortium, where a specific group of people is given the permission to view all the blocks of the blockchain while some other group will not be able to do so. Moreover, the certification to verify authentic customers, is dealt within the department rather than hiring an external third party. A strong algorithm of key generation named RSA is used, and digital signature derived from them adds extra security to the transactional activities. The whole system together is intended to make the transactions of a multipurpose business more secured and transparent.

Analysis of Abrasion Hazards on the Batupoaro Coast, Baubau City

The coastal area of Batupoaro Sub-district is a strategic location but vulnerable to sea waves and abrasion. In early 2022, high waves hit the coast of Baubau City, including the Batupoaro coast. The waves have caused damage to infrastructure at several points of the coast and have even caused impacts on the people who live around the coast. This research is dedicated to examining abrasion hazard for disaster mitigation, with the aim of analyzing the condition of the coastal area and the level of abrasion hazard on the Batupuaro coast using qualitative descriptive analysis and abrasion hazard index analysis. The results showed that social conditions on the coast of Batupoaro are fishing activities, seaweed cultivation, tourism, public spaces, and transactional activities. While the physical condition is that there are several coastal protection buildings damaged by sea waves, then in several other locations abrasion has occurred, especially in segments that do not have coastal protection. Then in the results of the analysis of the level of abrasion hazard for each segment in the Batupoaro coastal area, all of them are categorized as high, this result is obtained from the assessment of abrasion hazard based on five parameters such as wave height, current speed, vegetation density, beach profile, and beach typology.

The Influence of Technology, Financial Literacy, and Ease of Using E-Wallets on Consumers of Mall Boemi Kedaton Supermarket

The development of the times has influenced changes in various areas of life, one of which is finance. The financial field that has undergone changes is transaction activities. In the past, transaction payment activities were carried out by exchanging goods or barter, but at this time it is developing using digital-based transaction payments. These changes occur due to technological advances, financial understanding, and the development of the digital economy. This study aims to determine the influence of technological advances, financial literacy, and perceptions of ease of use of e-wallets on consumers of Chandra supermarket Mall Boemi Kedaton Bandar Lampung. This research is quantitative using descriptive verifiative methods with ex post facto approach and surveys. Sampling in this study used a non-probability sampling method with purposive sampling techniques. The population in this study was consumers of Chandra supermarket Mall Boemi Bandar Lampung with 75 consumers as a sample. The data analysis method uses SPSS version 25 by testing the hypothesis through a simple linear regression test and multiple regression test. This research reveals that technological advancements, financial literacy, and perceived convenience have a positive effect on the use of e-wallets. These three factors play an important role in increasing the tendency of consumers to choose and utilize e-wallets in their digital transactions.

Al-Tijarah Madiyyah and Ethical Review in a Transaction Based on the Perspective of Islamic Law

Al-tijārah Mādiyyah, or what is referred to as the sale between fellow human beings in Islam, is limited by certain laws that are very detailed and vary according to the type of sale. The development of digital technology in business affects both online and offline transaction activities and creates new behaviors and violations based on Sharia law. Hence, the objective of this study is to delve further into the traditions and detrimental effects of each type, supplemented with descriptions of specific instances from prior studies. This study employs a library-based research model that relies on verbal information obtained from textual sources, primarily the Quran, Hadith, scholar viewpoints, and previous research. The researcher initiated an investigation into the verses of the Quran and the Hadith, thereafter adhering to the viewpoints of past scholars and uncovering recent instances of Sharia law transgressions based on prior studies on commercial transactions. This research provided additional references to the concept of Al-tijārah in Islam, which motivated other researchers to investigate specific trade cases and find solutions based on Islamic Sharia clauses. It also addressed the incomplete definitions of the type Al-Tijārah in many previous studies. This research also serves as a preventative strategy to ensure that every Muslim does not compromise their spiritual well-being in pursuit of worldly advantages in every commercial transaction.