Journal of Islamic Enterpreneurship and Management

Analysis of The Effectiveness of Accounts Receivable Management Through the Accounts Receivable Turnover Ratio at PT PLN (Persero) in 2023–2024

2025-10-06T11:05:41+00:00

Accounts receivable management is an important aspect in maintaining the financial stability of a company, especially for PT PLN (Persero), which has a large customer base with a postpaid payment system. This study aims to analyze the effectiveness of accounts receivable management through the accounts receivable turnover ratio at PT PLN (Persero) in 2023–2024. The research method used is quantitative descriptive with a case study approach, based on secondary data in the form of financial reports for the 2023–2024 period. The analysis was conducted through the receivable turnover ratio, average receivables, and collection periods. The results show that PT PLN (Persero)'s receivable turnover ratio was around 12.91 times in 2023 and increased to 12.96 times in 2024, which is classified as “sufficient” according to industry standards. Meanwhile, the collection period improved from 30 days in 2023 to 29 days in 2024. This condition reflects the effectiveness of receivables management, marked by improvements in the billing system, the implementation of digital payments through the PLN Mobile application, and the diversification of payment channels that support the company's cash flow efficiency. The conclusion of this study is that the implementation of proper accounts receivable management can reduce the potential for bad debts, increase liquidity, and support the company's operational sustainability. This study is expected to provide practical contributions to PT PLN (Persero) and other utility companies in strengthening their digital-based accounts receivable management strategies

What is Actually Influencing the Purchasing Decisions of Customers?

2025-12-17T04:41:10+00:00

ShopeeFood, as one of the major players, faces challenges related to an inefficient brand image, product quality complaints from customers, and suboptimal marketing strategies that could potentially influence consumer purchasing decisions. This study aims to analyze and test the influence of brand image, product quality, and marketing strategies on purchasing decisions among ShopeeFood users in Pasar Kemis Subdistrict, Tangerang Regency, both partially and simultaneously. The sampling technique used is non-probability sampling with the Lemeshow formula, resulting in 97 respondents selected based on specific criteria. The results of the study indicate that, partially, the brand image variable has a positive and significant influence on purchasing decisions with a t-value greater than the t-table value 2.230>1.6614 at a significance level of 0.0291.6614 and a statistical significance of 0.096>0.05, The marketing strategy variable does not have a significant effect on purchasing decisions, with a calculated t-value of 0.1960.05. The simultaneous results show that brand image, product quality, and marketing strategy collectively have a positive and significant effect on purchasing decisions. This is evidenced by the F-test results, with the calculated F-value greater than the table F-value 45.129>2.70 and a significance level of 0.000<0.05.

Organizational Participation and Academic Performance: The Moderating Role of Time Management

2026-01-01T06:59:56+00:00

The present study aims to examine the effect of student organizational involvement on academic achievement and to assess the moderating role of time management in this relationship. Data were collected using a quantitative approach through a closed-ended questionnaire based on a five-point Likert scale, developed from indicators previously tested for validity and reliability. The findings indicate that student engagement in organizational activities significantly contributes to improved academic performance by fostering essential competencies, including communication, leadership, collaboration, and responsibility. Furthermore, this study provides novel empirical evidence by demonstrating that time management functions as a critical moderating mechanism in this relationship, whereby ineffective time management weakens the positive impact of organizational involvement on academic achievement. These results suggest that organizational participation supports academic success only when accompanied by strong time-management skills. However, the use of purposive sampling from a single private university may limit the generalizability of the findings, and caution is therefore required when extending the conclusions to broader higher education contexts. Future research may employ mixed-methods designs to complement quantitative findings with qualitative insights and explore additional moderating or mediating variables, such as self-discipline, burnout, or self-regulated learning, to offer a more comprehensive understanding of the factors shaping students’ academic achievement.

Biblioshiny-Based Knowledge Mapping of Entrepreneurship and SMEs in Innovation Ecosystems

2026-01-06T08:48:02+00:00

This study aims to map the intellectual landscape of research on entrepreneurship and small and medium-sized enterprises (SMEs) within multi-stakeholder innovation ecosystems using a bibliometric approach through Biblioshiny. A total of 38 Scopus-indexed articles published between 2010 and 2025 were analyzed to identify publication trends, thematic structures, conceptual evolution, and collaborative research patterns. The findings reveal a significant increase in scholarly attention to the topic, particularly after 2020, driven by the growing relevance of collaborative innovation, digital transformation, and ecosystem-based approaches to SME development. Key themes emerging from the knowledge mapping include entrepreneurial ecosystems, open innovation, sustainability, SMEs’ innovation capabilities, and multi-actor collaboration involving government, academia, industry, and community. The study highlights Brazil, Spain, the United Kingdom, and Australia as major contributors, with notable participation from emerging economies such as Indonesia. Three-field plots, thematic maps, and co-occurrence networks indicate that current research increasingly integrates theoretical foundations of innovation systems with contemporary issues such as digitalization and green entrepreneurship. This study contributes to the literature by offering a comprehensive overview of global research patterns and identifying thematic gaps that provide strategic directions for future studies on ecosystem-based SME development.