This study aims to analyze the effect of fintech usage, risk perceptions, and data privacy concerns on trust in digital financial services in Indonesia. The rapid development of financial technology has increased the adoption of digital financial services; however, trust remains a crucial factor influencing user acceptance and continued usage. This research employs a quantitative approach using primary data collected from 150 respondents through structured questionnaires measured on a Likert scale. Data analysis was conducted using SPSS version 25, including validity and reliability tests, classical assumption tests, and multiple linear regression analysis. The results show that fintech usage has a positive and significant effect on trust, indicating that higher levels of usage and familiarity increase user confidence in digital financial services. Conversely, risk perception has a negative and significant effect on trust, suggesting that concerns about financial loss, system errors, and fraud reduce users’ willingness to rely on fintech platforms. Similarly, data privacy concerns are found to negatively and significantly influence trust, highlighting that fears related to personal data misuse and security breaches undermine user confidence. Simultaneously, fintech usage, risk perception, and data privacy concerns significantly affect trust, with an R² value of 0.465, indicating that 46.5% of the variation in trust is explained by these variables. This study contributes to the literature by providing empirical evidence on the determinants of trust in digital financial services in Indonesia. The findings offer practical implications for fintech providers and policymakers to enhance user trust by improving system security, strengthening data protection measures, and increasing user awareness of fintech services.
This study aims to examine the influence of financial statement information utilization and planning orientation on the quality of business decisions among textile Micro, Small, and Medium Enterprises (MSMEs) in West Java. The research adopts a quantitative approach using a survey method involving 155 MSME owners and managers as respondents. Data were collected through structured questionnaires measured on a Likert scale and analyzed using SPSS version 25. The analytical techniques employed include descriptive statistics, validity and reliability tests, classical assumption tests, and multiple linear regression analysis. The results indicate that financial statement information utilization has a positive and significant effect on decision quality, suggesting that MSMEs that effectively use financial data tend to make more accurate and informed decisions. Planning orientation also demonstrates a positive and significant influence, indicating that structured and forward-looking planning enhances the effectiveness of business decisions. Simultaneously, both variables significantly affect decision quality, with a coefficient of determination (R²) of 0.475, meaning that 47.5% of decision quality is explained by the two independent variables. This study contributes to the literature by integrating financial information utilization and planning orientation as key determinants of decision quality in MSMEs. Practically, the findings emphasize the importance of improving financial literacy and strengthening planning practices among textile MSMEs to enhance decision-making effectiveness and business sustainability.
Music royalties remain a crucial yet often debated issue in Indonesia's café and restaurant sector, especially in Muslim-majority regions where legal obligations intersect with Sharia economic principles. Previous studies tend to address royalty disputes from either a legal or religious angle, leaving a gap for an integrated approach. This study seeks to fill that gap by combining a quantitative revenue estimation model with fiqh muamalah analysis to determine royalty obligations. Using Strong Coffee café as a case study, the research applies a descriptive–quantitative method. Data collection is based on operational assumptions, including average spending per customer, turnover rate, adequate seating capacity, and the applicable royalty tariff. Revenue is estimated by calculating monthly income derived from seat capacity and daily utilization, followed by a proportional royalty assessment. Findings indicate that with 69 seats, a three-time daily turnover, and an average spending of IDR 11,000, the café's monthly revenue reaches approximately IDR 31.7 million, resulting in a royalty payment of IDR 345,000. The study presents a novel perspective: royalty compliance constitutes not only a legal requirement but also a moral and religious duty under Sharia, thereby reinforcing business ethics and consumer trust. The paper concludes with recommendations for regular internal audits and Sharia-based outreach programs for policymakers. Royalti musik tetap menjadi isu penting sekaligus diperdebatkan dalam industri kafe dan restoran di Indonesia, terutama di wilayah mayoritas Muslim di mana kewajiban hukum beririsan dengan prinsip ekonomi syariah. Studi terdahulu umumnya membahas persoalan royalti dari sisi hukum atau agama secara terpisah, sehingga menyisakan celah bagi pendekatan terpadu. Penelitian ini bertujuan mengisi celah tersebut dengan mengombinasikan model estimasi pendapatan kuantitatif dan analisis fikih muamalah untuk menentukan kewajiban royalti. Studi kasus dilakukan di kafe Strong Coffee dengan menggunakan metode deskriptif–kuantitatif. Data dianalisis berdasarkan asumsi operasional meliputi rata-rata belanja per pelanggan, tingkat perputaran kursi, kapasitas efektif tempat duduk, serta tarif royalti yang berlaku. Perhitungan dimulai dari pendapatan bulanan hasil pemanfaatan kapasitas kursi, kemudian diturunkan ke jumlah kewajiban royalti. Hasil menunjukkan bahwa dengan 69 kursi, tiga kali perputaran harian, dan rata-rata belanja Rp 11.000, pendapatan bulanan mencapai sekitar Rp 31,7 juta dengan kewajiban royalti sebesar Rp 345.000. Temuan ini menegaskan kebaruan perspektif: kepatuhan royalti bukan hanya kewajiban hukum, tetapi juga tanggung jawab moral-religius dalam syariah, sehingga memperkuat etika bisnis dan kepercayaan konsumen. Penelitian menyarankan audit internal rutin bagi pelaku usaha serta sosialisasi berbasis syariah bagi pembuat kebijakan.
In the welding process it will produce excessive heat and in the slow cooling process it will form chromium carbide which precipitates on the grain. These deposits can cause a decrease in the physical and mechanical properties of a material. This research aims to determine the effect of tensile strength and hardness of material resulting from GTAW welding on ST 45 Steel on variations in cooling media. The research method used is quantitative experimental, where the specimens are welded and cooled with three cooling media, then tested for tensile and Vickers hardness to evaluate their mechanical properties. The results showed that the SAE 20 W-50 oil cooling media produced the highest Modulus Young value (average 1584.60 MPa) and the highest Vickers hardness (459.33 HVN), while air provided a higher Yield Strenght (368.72 MPa). Statistical analysis using ANOVA confirmed that the differences were statistically significant. The conclusion of this research shows that SAE 20 W-50 oil is most effective in increasing material hardness and stiffness, while air is superior in increasing tensile strength.
Digital marketing has become one of the essential elements in supporting the growth and sustainability of micro, small, and medium enterprises (MSMEs) in the modern era. Along with the development of information technology, digital marketing offers opportunities for MSMEs to expand their markets and increase product visibility to a broader range of consumers. In this context, innovation in digital marketing becomes a key factor driving MSMEs' success in achieving sustainable growth. This study aims to further review how digital marketing innovation and the use of information systems can support MSME market expansion. This research employs a literature review approach focusing on qualitative methods. It does not involve primary data collection but instead relies on relevant and up-to-date sources from various scholarly articles. The data used in this study is sourced from Google Scholar with a publication range from 2013-2024. The study concludes that digital marketing innovation and the use of information systems play a crucial role in expanding MSME markets. Digital marketing innovation allows MSMEs to reach consumers more broadly and efficiently, utilizing digital platforms such as social media, e-commerce, and websites. Meanwhile, information systems help improve operational efficiency, data management, and more accurate decision-making based on data analysis. Case studies of Batik Trusmi, Maicih, and Sociolla show that MSMEs adopting these innovations can expand their market share, increase customer loyalty, and compete more effectively in both domestic and international markets.
