Journal of Asian Multicultural Research for Economy and Management Study

Economic Education for Startup Culture and Youth Innovation Development

2026-05-16T21:03:02+07:00

The rapid growth of Vietnam’s digital economy and startup ecosystem has increased the importance of economic education in preparing young people for innovation-driven entrepreneurship. This article examines how economic education contributes to the development of startup culture and youth innovation in Vietnam. The study highlights the relationship between entrepreneurial learning, financial literacy, digital transformation, and the ability of young people to create sustainable business initiatives. Vietnam has emerged as one of Southeast Asia’s most dynamic startup ecosystems, supported by government policies, technological advancement, and increasing venture capital investment. However, challenges such as limited practical entrepreneurial training, unequal access to innovation resources, and weak collaboration between educational institutions and industry remain significant barriers. The article argues that economic education should move beyond traditional theoretical approaches and emphasize experiential learning, digital entrepreneurship, problem-solving, and innovation management. By integrating startup-oriented economic education into schools and universities, Vietnam can strengthen youth competitiveness, encourage creativity, and support long-term economic resilience in the global economy. The findings suggest that educational reform, policy support, and collaboration among universities, government, and private sectors are essential to building a sustainable startup culture among Vietnamese youth.

The Impact of Tax Planning, Deferred Tax Expense, and Corporate Governance on the Value of Manufacturing Companies Listed on the Indonesia Stock Exchange

2026-03-04T13:56:44+07:00

Rapid economic growth and technological advancement have intensified competition among manufacturing firms, requiring effective financial strategies to enhance firm value. Tax planning, deferred tax expense, and corporate governance are considered strategic factors influencing company value, particularly in publicly listed manufacturing firms. This study employed a quantitative associative approach using secondary data from audited financial statements of manufacturing companies listed on the Indonesia Stock Exchange (IDX) during 2022–2024. The final sample consisted of 43 firms selected through purposive sampling. The data were analyzed using multiple linear regression. Classical assumption tests included normality (Kolmogorov–Smirnov), linearity, multicollinearity, autocorrelation (Run Test), and heteroscedasticity (Glejser Test). The coefficient of determination (R²), F-test, and t-test were applied to evaluate simultaneous and partial effects. The regression results show that tax planning, deferred tax expense, and corporate governance simultaneously have a significant effect on firm value (F = 18.404; p = 0.001). The correlation coefficient (R = 0.685) indicates a strong relationship, while the coefficient of determination (R² = 0.483) shows that 48.3% of firm value variation is explained by the independent variables. However, partially, none of the variables significantly affect firm value (p > 0.05), suggesting that their influence is stronger collectively than individually. The findings indicate that financial and governance mechanisms jointly influence firm value, although their individual contributions are not statistically significant.

Hedonistic Lifestyle Moderates the Influence of Financial Literacy and Mobile Banking Use on Financial Behavior of Private Employees in Pontianak City

2026-05-16T21:24:14+07:00

The rapid development of digital financial services has significantly influenced financial behavior in Indonesian society, particularly among private employees who actively use mobile banking services. However, increasing financial inclusion is not always accompanied by adequate financial literacy and responsible financial management. This study aims to analyze the influence of financial literacy and mobile banking usage on financial behavior and to examine the moderating role of hedonic lifestyle among private employees in Pontianak City. This study employed a quantitative associative approach using Structural Equation Modeling with Partial Least Squares (SEM-PLS). Data were collected through questionnaires distributed to 150 private employees selected using purposive sampling. The analysis included validity, reliability, R-Square, F-Square, and hypothesis testing. The results indicate that financial literacy and mobile banking usage have positive and significant effects on financial behavior. Mobile banking usage shows the strongest influence on financial behavior. Meanwhile, hedonic lifestyle has a negative but insignificant effect and does not significantly moderate the relationship between financial literacy, mobile banking usage, and financial behavior. The model explains 62.9% of the variance in financial behavior. In conclusion, improving financial literacy and responsible mobile banking usage is essential to support better financial behavior among private employees in the digital era.