Innovative behavior, employee engagement and transformational leadership are critical variables that should be the focus of every organization’s this era of rapid technological change. This study aims to determine the effect of transformational leadership and work engagement on innovative behavior in the banking industry in Indonesia. The technique sampling is purposive sampling, so the numbers of samples are 378 people. The Data analysis technique is multiple linear regression analysis. The results show that transformational leadership and work engagement have a significant and positive effect on innovative behavior, in which work engagement as a mediating variable will to the positive influence of transformational leadership on innovative behavior. These findings suggest that it is necessary to apply transformational leadership styles and increase employee engagement to improve innovative employee behavior.DOI: 10.15408/etk.v17i2.7427

Zakat is believed to be an alternative solution to overcome the problems of socioeconomic inequality and particularly poverty. Zakat has been widely practiced in the Islamic world for centuries; however, in order to measure the effectiveness of the system we need support of the empirical facts. This study aims to determine the effectiveness of poverty alleviation patterns based on zakat compared with the pattern of poverty alleviation efforts run by the government and the pattern of Corporate Social Responsibility (CSR), as well as the key determinant factors. Measurement of effectiveness is based on 30 attributes that include the dimensions of input, process and output. The study uses a multi-criteria decision analysis approach that is supported by the software Rappoverty. The findings show that the pattern of zakat-based poverty alleviation program performs better on all attributes compared to the pattern of other programs. The sensitive leverage factors that determine performance status consist of: the suitability of the program to the needs of the target communities, socialization and education, inter-agency coordination, consistency in the implementation of the rules, the existence of public institutions to carry out and support the program, improvement of welfare recipients, as well as an increase in the number of beneficiaries. The findings of this study indicate that the pattern of poverty reduction programs based on zakat can be a useful model for policy makers in developing effective poverty alleviation programs. Keywords: zakat, performance status, leverage factors

This paper aims to investigate the effect of stock prices, return on assets (ROA), and firms size on dividend payout ratio (DPR). We used 5-year annualized panel data from 2014 to 2018 of 17 financial sector companies listed in the Indonesian Stock of Exchange (IDX) as sample of this study. Analysis using three regression estimations (pooled OLS, fixed effects, and random effects) showed that stock price positively affects DPR. On the other hand,  both ROA and firm size has a negative effect on DPR. These result suggests that more substantial and higher profit companies prefer to retain their earnings for financing an investment as a growth opportunity than to distribute their income as a dividend. Thereby, this agrees with the pecking order theory.

Managing sustainable rural tourism requires a strategic transformation adapted to local conditions, the complexity of rural institutions, and the dynamics of future changes. In addition, it must be inclusive. This paper presents transformation pathways toward sustainable rural tourism management in developing countries. The general objective is to develop sustainable development strategies in the context of rural tourism. The specific objectives are to develop policy pathways and the best scenarios in this context. The study was conducted in the Kedung Ombo area in Central Java, Indonesia: a representative area involving several districts and other public organizations as stakeholders. Data analysis was performed using the MULTIPOL method. The results show that an integrated development policy that considers the interests of all stakeholders, the potential of rural resources, the infrastructure, and human resources capacity would be the optimal policy. Priority programs to be implemented are infrastructure development, strengthening private investment, strengthening governance, developing amenities, and developing information and communication technology. Furthermore, the “flight of the flamingos” and “leapfrogging” scenarios can be considered to achieve future tourism growth goals and objectives. This study is an essential resource for authorities in determining rural tourism development policies in the research location and can be applied in other areas with similar characteristics.

Tourist village program is one development priority program for rural development. Despite numerous opportunities to develop tourist villages such as the availability of natural resources and high demand for tourist villages recently, some challenges are still faced to develop tourist villages, especially in a developing country such as Indonesia. Governance problems, infrastructure, and effective partnership are among other factors that remain challenging in developing tourist villages. This study attempts to identify factors that determine the state of tourist villages in Indonesia and determine the appropriate strategies for better tourist village development. Using the case of tourist villages in Kedung Ombo, Central Java, a water based attractive tourist village, this study uses both machine learning and multicriteria approaches by means of Promethee in order to address the objective of the study. This study shows that government support, application of information technology, infrastructure, local participation, partnership, and attractive variations, are among the determinant factors that affect tourist village development. The study also reveals that the appropriate strategies for tourist village development include, improving infrastructure, institutional strengthening, and capacity building. This study could be used to assist local national as well as sub-national governments to effectively manage tourist villages in Indonesia.