Saparuddin Mukhtar
@unj.ac.id
Economics
Universitas Negeri Jakarta
Scopus Publications
Scholar Citations
Scholar h-index
Scholar i10-index
Scopus Publications
Karuniana Dianta Arfiando Sebayang, Agus Wibowo, Saparuddin Mukhtar, and Bagus Shandy Narmaditya
Virtus Interpress
Escalating the number of young entrepreneurs is challenging (Saptono et al., 2020; Maebane, 2023), and government support can be beneficial in raising the intention toward entrepreneurship. This research assessed how government policies influence the readiness of young people to become entrepreneurs and involved motivation and risk perception as mediators. As many as 360 young entrepreneurs in the Special Capital Region of Jakarta were involved in this self-administered survey research, and the hypotheses were estimated using partial least squares structural equation modeling (PLS-SEM) with SmartPLS 3.0 software. The results of our study are consistent with a number of preliminary papers, which indicate that government policies not only affect the readiness of young entrepreneurs to be concerned about entrepreneurship but also increase their motivation and resilience when facing risks. The findings also show that resilience in facing risks can strengthen the influence of government policies and increase the readiness of young entrepreneurs to do business. This work furnishes insight into the vital role of government policy in increasing motivation, resilience to risk, and the readiness of young entrepreneurs to do business.
Agus Wibowo, Ari Saptono, Bagus Shandy Narmaditya, Mohammad Sofwan Effendi, Saparuddin Mukhtar, Suparno, and Muhammad Hakimi Mohd Shafiai
Informa UK Limited
Tirta Nugraha Mursitama, Moch Faisal Karim, Kevynn Adam Christoval Natanael, Nugroho Juli Setiadi, Zaafri Ananto Husodo, Saparuddin Mukhtar, and Noerlina
AIP Publishing
Agus Wibowo, Bagus Shandy Narmaditya, Suparno, Karuniana Dianta Arfiando Sebayang, Saparuddin Mukhtar, and Muhammad Hakimi Mohd Shafiai
Elsevier BV
Agus Wibowo, Bagus Shandy Narmaditya, Ari Saptono, Mohammad Sofwan Effendi, Saparuddin Mukhtar, and Muhammad Hakimi Mohd Shafiai
Informa UK Limited
Abstract Digital entrepreneurship is an interesting study in developed and developing countries as it plays a radical role in changing the economic landscape and facilitates creativity and innovation efforts for the growth of new entrepreneurs. This study aims to examine how digital entrepreneurship knowledge affects the digital entrepreneurial intentions of students. This research also explores the role of digital entrepreneurial alertness in mediating this relationship. We used a cross-sectional survey with a quantitative approach to convey the proposed hypotheses. A self-administrated survey of universities in Indonesia has participated in this survey. Later, the collected data were estimated using partial least squares structural equation modeling (PLS-SEM) with SmartPLS version 3.0. The results of this study indicate that digital entrepreneurial education and digital entrepreneurial knowledge can promote students’ digital entrepreneurial intentions. The findings also remark a significant effect of digital entrepreneurial alertness as a moderating variable for digital entrepreneurial education, digital entrepreneurial knowledge and students’ digital entrepreneurial intentions. This research provides insights linked to psychological dimensions in the form of digital entrepreneurial knowledge and digital entrepreneurial alertness as one of the predictor variables, as well as mediators for enhancing students’ digital entrepreneurial intention.
Mohamad Rizan, Muhammad Zulkifli Salim, Saparuddin Mukhtar, and Kevin Daly
MDPI AG
The avenue to find a balanced assessment of systemic financial institutions needs the integration of macro and micro granular datasets. This paper investigates how macroeconomic shocks affect systemic risk through several transmission channels. Employing Indonesia datasets over 2008–2019, we regressed three market models: CoVaR, MES, and SRISK using fixed effect, random effect, GARCH(1,1), and finite mixture models. The findings show that stock beta, market index, and exchange rate volatility amplify the systemic risk while the liquidity spread outcome varies due to different of model variables and the deepness of the country’s financial market. We propose a practical systemic risk assessment framework and samples of technical integration to capture the overall risk endogenously and externally expose the systemically important financial institutions.
Saparuddin Mukhtar, Ludi Wishnu Wardana, Agus Wibowo, and Bagus Shandy Narmaditya
Informa UK Limited
Saparuddin Mukhtar, K. Y.S. Putri, Deky Aji Suseno, Agus Wibowo, and Ludi Wisnu Wardana
Conscientia Beam
Article History Received: 20 April 2020 Revised: 25 May 2020 Accepted: 29 June 2020 Published: 10 July 2020
Hasan MUKHIBAD, , Subowo SUBOWO, Denis Opi MAHARIN, and Saparuddin MUKHTAR
Korea Distribution Science Association
This research seeks to determine the influence of investment opportunity set (IOS); profitability (Return on Assets ROA), liquidity, business risk and firm size on debt policy. We used 42 manufacturing companies registered on the Indonesian Stock Exchange (Bursa Efek Indonesia) as object research. We used purposive sampling method to determined samples, consider the period observation from 2012 to 2016, and produce 168 units analysis. Data analysis uses the multiple regressions with the SPSS tools. The results of the study found that companies’ debt policies in Indonesia are negatively affected by the liquidity. Investment opportunity set (IOS) has negative effect on debt policy. Meanwhile, ROA, Return on Invested Capital (ROIC), and firm size of a company has no impact on debt policy. These findings indicate that Indonesian manufacture companies do not see the high investment opportunity set and profitability as a policy basis for increasing debt. Moreover, the high profitability also does not cause companies to increase their debt ratio. Our study indicates that Indonesian manufacture companies use internal funds to fund their investment. This finding is a concern for creditors, as they can now see the ability of the companies, and especially their performance, in determining their credit policies.
Kosasih Kosasih, Wibowo Wibowo, and Saparuddin Saparuddin
Growing Science
Suparno ., Agus Wibowo, Herlitah ., Saparuddin Mukhtar, Djoko Dwi Kusumojanto, Suwatno ., Bagus Shandy Narmaditya, and Miftahul Raudah
Conscientia Beam
Article History Received: 13 September 2019 Revised: 17 October 2019 Accepted: 19 November 2019 Published: 3 January 2020
SUPARNO SUPARNO, , Agus WIBOWO, Saparuddin MUKHTAR, Bagus Shandy NARMADITYA, and Hikmah Diana SINTA
Korea Distribution Science Association
The study examines how business conditions, demand conditions and the role of government can influence the development of batik clusters in Pekalongan. This research is expected to be able to provide recommendations for both employers and local governments in order to help in optimizing the development of batik clusters. The research applied a quantitative research by engaging multiple regression analysis as an effort to understand the effect of the relationship between independent and dependent variables. In addition, this research was conducted in three largest batik clusters in Pekalongan, Indonesia namely batik cluster of Pasindon, Kauman, and Jenggot. These results indicate that business conditions positively affect the batik clusters development. It implies that the greater both business conditions in a cluster will lead the better the development. Indeed, the demand conditions also have an impact on the cluster development. This finding remarked that demand conditions are variable that need to be considered to development of batik cluster. Lastly, Government’s role is confirmed that positively related to the Development of Batik Clusters. It implies that the more active the government’s role in a cluster will have a good impact on the development of the cluster in certain area.
Ari Saptono, Dedi Purwana, Agus Wibowo, Setyo Ferry Wibowo, Saparuddin Mukhtar, Heri Yanto, Sugeng Hadi Utomo, and Djoko Dwi Kusumajanto
GIAP Journals
Purpose of the study: This study examines the impact of creativity and entrepreneurship education on student entrepreneurial intentions at Jakarta State University.
 Methodology: This study, we applied quantitative research which conducting in two-phase First, we perform exploratory factor analysis test, and the second phase, we confirmatory factor analysis using AMOS version 18.
 Main Findings: This study carried out the findings that there is an impact on creativity on entrepreneurial education, lectures on individual creativity, entrepreneurial education on entrepreneurial intention, and creativity supported in the university on individual creativity. Furthermore, creativity supported not impact on entrepreneurial intention, and individual creativity has not to impact on entrepreneurial intention.
 Applications of this study: This research can be used by university leaders to increase students’ intention to become entrepreneurs through optimizing entrepreneurship education and creativity support from universities.
 Novelty/Originality of this study: In this study, we found that there was an influence of lecturer on creativity on entrepreneurship education. Previous researchers have never revealed this finding. Our research also found the impact of individual creativity on the intention of entrepreneurship. This finding has not been revealed in some previous studies.