International Journal of Application on Economics and Business

FACTORS AFFECTING THE TIME SPAN FOR SUBMITTING FINANCIAL REPORTS ON NON-CYCLICAL CONSUMER SECTOR COMPANIES

2024-06-22T13:14:01+00:00

The purpose of this research is to analyze the effect of institutional ownership, independent board membership, company size, profitability, and leverage on the time span for submitting financial reports. The population of this research is non-cyclical consumer sector companies listed on the Indonesia Stock Exchange (IDX) during 2020-2022. The sample of this research was 125 companies. Data processing using multiple linear regression analysis methods in this research using Eviews 13 software. The results of this research indicate that company size has a negative and significant effect on the time span for submitting financial reports. While institutional ownership, independent board membership, profitability, and leverage cannot prove the influence on the time span for submitting reports. Based on the results of this research, company investors can increase the size of the company in order to speed up the time for submitting financial reports and can convey company information to investors on time, so that investors can make economic decisions. So that companies need to strive to carry out their responsibilities and duties properly to report financial reports quickly and on time so that they can be useful for the company's future.

THE EFFECT OF CREDIT RISK AND BANK-SPECIFIC FACTORS ON FINANCIAL PERFORMANCE OF BANKS LISTED IN INDONESIA STOCK EXCHANGE (IDX)

2024-06-22T13:48:14+00:00

The banking industry plays an essential role in national and global economy. It is caused by the intermediation function attached to bank as financial institution. Banks run the intermediation role by pooling funds from depositors and distribute them through credit loan. As business entity, banks have business goal, to enhance their financial performance. Banks gain most of their revenue from their main activity, delivering loan to the debtors. In order to give credit, banks have to deal with the inevitable risk coming along that the debtors might not be able to restore the fund. This risk is known as credit risk. The good credit risk management doesn’t assure the good financial performance. Banks have to fulfill another specific-factors in order to achieve good financial performance. Those factors are effectivity and efficiency of the day- to- day operation and interest pricing strategy. This research is conducted to discover how Non-Performing Loan (NPL), Capital Adequacy Ratio (CAR), Operational Costs on Operating Income (BOPO), Net Interest Margin (NIM), and Loan to Deposit Ratio (LDR) influence the financial performance of Banks Listed in Indonesia Stock Exchange (IDX). The result found that Non-Performing Loan (NPL) and Loan to Deposit Ratio (LDR) have no effect on Banks Financial Performance, Capital Adequacy Ratio (CAR) and Operational Costs on Operating Income (BOPO) have negative effect on Banks Financial Performance, Net Interest Margin (NIM) has positive effect on Banks Financial Performance. From these findings, it can be concluded that to elevate the profitability, banks have to focus on managing the risk management, efficiency, and pricing decision strategy.

THE EFFECT OF ENTREPRENEURIAL COMPETENCE ON THE GROWTH OF SME: THE MEDIATING ROLE OF NETWORK COMPETENCE

2024-06-22T14:06:28+00:00

This study aims to investigate the influence of entrepreneurial competencies, with a focus on strategic and ethical competencies, on business growth. It also explores the mediating role of network competencies in this context. The sample consisted of 134 respondents from Tanjung Duren, West Jakarta, selected through purposive sampling. The findings indicate a positive and significant relationship between strategic competencies and business growth, while ethical competencies had no significant impact on business growth. Additionally, both strategic and ethical competencies were found to positively and significantly influence network competencies, which, in turn, had a positive and significant effect on business growth.

CONCEPT WORK ENGAGEMENT IN INDONESIAN STARTUPS

2024-06-22T13:07:03+00:00

he development of information technology is a good condition for the growth of startups in Indonesia. Nevertheless, the growing number of startups is followed by many other challenges, especially those related to human resource management. Startups are a different business model than ordinary companies. Startups have a high dynamic due to the demand always to be innovative. This is a challenge in managing human resources within the startup. This research aims to build the concept of work engagement in Indonesian startups.

THE EFFECT OF SOCIAL MEDIA MARKETING ON AWARENESS AND BRAND IMAGE OF LOCAL FASHION THROUGH CONSUMER BRAND ENGAGEMENT

2024-06-22T13:22:44+00:00

This study aimed to determine whether Social media marketing affects a positive and significant role in awareness and brand image of local fashion through consumer brand engagement. This type of study is descriptive, and data collection is cross-sectional. A survey method was used in this study, and data were collected by questionnaire using a 5-point Likert scale. The data of this study were collected from 208 responses from Indonesians born between 1981 to 2012 who wear or ever have used local fashion brands using a probability sampling technique with convenience sampling method, and the data was then analyzed using smartPLS software version 3.2.8 by testing the outer model analysis and inner model analysis. This research is expected to fill research gaps on brand awareness and brand image through consumer brand engagement for local fashion brands in which local fashion brands face a challenge in creating and implementing social media marketing strategies that attract consumers. According to the findings of this study, social media marketing positively and significantly impacts local fashion brand awareness and brand image through consumer brand engagement. This research is thought to contribute to academics and practitioners about the Effect of Social media marketing through consumer brand engagement and their effects on awareness and brand image.

SOME FACTORS THAT INFLUENCE ON DEBT POLICY

2024-06-22T14:00:13+00:00

A company is considered at risk if it has a large portion of debt in its capital structure, but conversely, if a company uses little or no debt at all, the company is considered unable to take advantage of additional external capital that can improve the company's operations. Based on these reasons, managers are required to be more careful in determining debt policies in their companies. Meanwhile, according to the trade of theory, the higher the debt, the higher the bankruptcy burden. Based on the general assumptions of the pecking order theory and trade of theory, the use of debt should be low. However, many companies still pay high debt. From these reasons, research on debt policy needs to be examined. This study aims to empirically prove the impact of company characteristics, asset structure, and profitability on debt policies in property and real estate companies listed on the Indonesia Stock Exchange (IDX) in 2019-2021. The data used in this study were 28 companies. The sample used was 84 sample data selected using purposive sampling method which were processed using EViews version 12. The result of this study indicates that all independent variables simultaneously have no significant impact on debt policy as shown by the results of the F test. The results of the T test explain that company characteristics have a negative and insignificant impact on debt policy, asset structure has a negative and insignificant impact on debt policy, and profitability has a positive and insignificant impact on debt policy.

THE INFLUENCE OF EMPLOYEE ENGAGEMENT AND ORGANIZATIONAL SUPPORT ON EMPLOYEE PERFORMANCE MEDIATED BY ORGANIZATIONAL CITIZENSHIP BEHAVIOR

2024-06-22T14:21:30+00:00

This research discusses employee engagement, organizational support, organizational citizenship behavior on employee performance at PT. XYZ. The purpose of this research is to analyze and explain the effect of employee engagement and organizational support on employee performance through organizational citizenship behavior as a mediating variable at PT XYZ. In this research using quantitative methods and questionnaires as a data collection technique. The sample for the questionnaire was 210 employees of PT XYZ. Data analysis techniques using structural equation modeling with partial least square method (PSL-SEM). The ﬁndings of this research showed that: (1) employee engagement has a positive and signiﬁcant effect on employee performance, (2) organizational support has a positive and signiﬁcant eﬀect on employee performance, (3) ocb has a positive and signiﬁcant effect on employee performance, (4) ocb mediates between employee engagement and employee performance, (5) ocb mediates between organizational support and employee performance.

FACTORS INFLUENCING ENTREPRENEURIAL INTENTION TO CULINARY MSMEs IN JAKARTA

2024-06-22T13:17:05+00:00

The purpose of this study was to determine 1) the effect of self-skill awareness on entrepreneurial intention 2) the effect of entrepreneurial resources on entrepreneurial intention, 3) the effect of entrepreneurial networks on entrepreneurial intentions, 4) the effect of entrepreneurial self-efficacy on entrepreneurial intentions, 5) the effect of self-efficacy entrepreneurship as mediation of entrepreneurial networks on entrepreneurial intentions. The sample selection technique used in this study was non-probability sampling and the sampling technique used purposive sampling technique. Data was taken using an online google form questionnaire with a total of 100 respondents. in this study using 4 indicators on each variable. Processing of research data using SmartPLS 4.8. The sample in this study are culinary MSME owners in Jakarta. The results of this study are 1) self-skill awareness does not affect entrepreneurial intentions. 2) entrepreneurial resources do not affect entrepreneurial self-efficacy 3) entrepreneurial networks affect entrepreneurial intentions. 4) entrepreneurial self-efficacy affects entrepreneurial intentions 5) entrepreneurial self-efficacy can mediate the effect of entrepreneurial resources on entrepreneurial intentions 6) entrepreneurial networks can influence entrepreneurial intentions through mediating entrepreneurial self-efficacy.

FACTORS INFLUENCING STUDENTS’ CHOICE OF ACCOUNTING AS A MAJOR IN PEKANBARU CITY

2024-06-22T13:51:52+00:00

There has been a decline in the intention of High School students in choosing accounting as a further study recently, including in Indonesia. High school students tend to think that the field of accounting has no future and will be replaced so that their intention in entering the field of accounting decreases. This research wants to analyze the variables of Personal Characteristics, Career Perceptions, and Social Environment on Students' Intention in choosing an accounting major. The research chose students in Pekanbaru City as subjects. The research uses primary data by distributing digital questionnaires. Data collection methods use the Convenience and Snow-ball methods. Data was collected from 110 respondents and analyzed by multiple regression. The research results show that career perception does not influence students' intention in choosing an accounting major, while personal characteristics and social environment variables influence the intention of High School students in choosing accounting as a further study in university. The implication of this research is that the role of schools and universities should be clearer about accounting major. Schools and universities should convey that accounting careers are still attractive and definitely needed in the business world so that high school students can change their characteristics in choosing an accounting major.

ANALYSIS OF THE INFLUENCE OF BANK HEALTH LEVEL WITH RGEC METHOD ON FINANCIAL DISTRESS USING ALTMAN Z-SCORE METHOD

2024-06-22T14:08:52+00:00

Amidst economic and market dynamics, various business sectors, including banks, confront challenges that can lead to financial distress or potential bankruptcy. This distress is influenced by various factors, among which is the health level of banks. This research aims to provide empirical evidence on the influence of bank health level, assessed by the RGEC method, on financial distress. The independent variables include Risk Profile, Good Corporate Governance, Earnings, and Capital, while the Altman Z-score measures financial distress as the dependent variable. Focused on banking companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022, this research utilized a purposive sampling approach, selecting 29 samples and totalling 87 data sourced from financial statements and annual reports, which underwent analysis via multiple linear regression using Eviews version 12. The results show that the Risk Profile and Good Corporate Governance do not have a significant influence on financial distress. Meanwhile, Earnings and Capital have a positive and significant influence on financial distress. This research can serve as an early warning for management regarding bankruptcy risks and provide insights for banks regulators and policymakers to fortify risk management practices and strategize adjustments to mitigate the risk of financial distress.

THE INFLUENCE OF INFORMATION TECHNOLOGY, INFORMATION SYSTEM, AND INFORMATION MANAGEMENT CAPABILITY ON ORGANIZATIONAL PERFORMANCE OF PT. XYZ

2024-06-22T13:10:38+00:00

One of the problems faced by the pharmaceutical company in Indonesia is how to improve organizational performance. This research seeks to analyze the influence of information technology, information systems, and information management capability on organizational performance by taking into account a pharmaceutical company PT XYZ. The source of data was obtained from questionnaires. The total number of respondents sampled by non-probability sampling method was 135 respondents as Area Managers spread throughout Indonesia. The method to analyze the data was by employing Partial Least Square-Structural Equation Modeling (PLS-SEM). The results show that information technology, information systems, and information management capability have a positive and significant influence on the organizational performance of PT XYZ. These suggest that PT XYZ needs to give attention on how using an integrated information system which supported by information technology, and equipped with good data or information management capabilities to improve its organizational performance. This can be done by easing access, presenting data that summarizes all information correctly, and correcting the format to assist decision-making as well as management's commitment to continuing to develop information systems to improve the organizational performance of PT. XYZ.

THE ROLE OF BUSINESS RISK AS AN INTERVENING VARIABLE ON FACTORS AFFECTING COMPANY VALUE

2024-06-22T13:44:53+00:00

This study heading to examine the effect of “dividend policy, investment decisions and funding decisions on firm value by applying business risk as an intervening variable. The population is companies in the consumer goods industry sector that are listed on the IDX in 2016-2022. Samples were selected by purposive sampling. Research data were obtained from the official website of the Indonesia Stock Exchange www.idx.co.id and the official website of the company under study. Data analysis was performed using multiple regression methods. The selection of the regression model was carried out through the Chow test, Hausman test, and Lagrange Multiplier test. The classic assumption test includes a multicollinearity test. Hypothesis testing includes the t-test and the coefficient of determination test. To analyze the effect of mediation is done through the Sobel test, Goodman test, and Aroian test. The results of the study show that dividend policy, investment decisions, funding decisions, and business risks affect firm values. The mediation test using the Sobel, Aroian and Goodman method shows that business risk is able to mediate dividend policy on firm value, business risk variables do not mediate funding decisions on firm value. Meanwhile for the mediation test between investment decisions and firm value, different results were obtained between the three test methods carried out, where Sobel and Aroian showed that investment decisions on firm value were not mediated by business risk, while the Goodman Test showed that there is a significant influence of business risk variables as mediating variables.”

THE ROLE OF TIKTOK CELEBRITY AND DESTINATION AUTHENTICITY IN INCREASING TRAVEL INTENTION

2024-06-22T14:03:29+00:00

Along with the development of the internet and social media, social media marketing is also increasingly being applied in various sectors, including the tourism sector. One of the social media that is currently widely used is TikTok. TikTok is a social media that displays short-duration content created by TikTok users so that various types of information are available according to the user's interests and needs. Social media such as TikTok plays an important role in increasing the travel intention because through TikTok celebrities or TikTok influencers, users can feel the authenticity of a tourist destination from a video so that it can influence the user's travel intentions. This research was conducted with the aim of determining the influence of TikTok celebrity involvement on travel intention with destination authenticity (object-based authenticity and existential authenticity) as a mediating variable. Data collection was carried out online using a questionnaire from Google Form and 203 answers from respondents could be used. Data analysis uses the PLS-SEM model and data is processed with SmartPLS 4.0. The results of this study show that celebrity involvement has no influence on travel intention, but has an influence when mediated by object-based authenticity and existential authenticity. Object-based authenticity has a positive effect on existential authenticity, object-based authenticity and existential authenticity have a positive effect on travel intention.

OVERCONFIDENCE BIAS IN INVESTMENT DECISIONS ON INDONESIAN STOCK MARKET

2024-06-22T13:19:37+00:00

The investor’s growth on the Indonesian Stock Exchange for the period 2020 to January 2023 is quite significant. However, this growth was accompanied by a tendency towards overconfident bias. This behavior’s increase errors in investment decision making: increasing risk and reducing returns. The aim of this research is to verify the relationship between neuroticism, conscientiousness, and openness traits on the overconfidence behavioral bias to stock investors using The Big Five Personality approach. The research uses primary data on stock investors in Indonesia with total 483 respondent. Data analysis method used the SEM-PLS version 4.0. The research results prove that neuroticism and conscientiousness traits have a positive effect on overconfidence bias. Other evidence shows, that openness has a negative effect on overconfidence bias. This evidence applies to both male and female investors.

THE EFFECT OF GOOD CORPORATE GOVERNANCE AND CORPORATE SOCIAL RESPONSIBILITY ON FINANCIAL PERFORMANCE

2024-06-22T13:54:50+00:00

Companies engage in CSR and GCG activities because they believe it will improve their financial performance. Income uncertainty as an impact of pandemic makes it interesting to examine how company will operate throughout 2019-2021. This study uses data on financial dan sustainability reports from five sectors of manufacturing companies. The proportion of institutional ownership and independent commissioners, as well as the audit quality, are used to calculate GCG. The disclosed activities in SR are measured for CSR. The modified Jones model is used to measure earnings management. ROA, EPS, and Tobin's Q are used to measure financial performance. PLS method and WarpPLS v.8.0 was used to examine the hypotheses in this study. The study’s findings demonstrate that GCG significantly affect financial performance and earnings management. CSR has a substantial effect on financial performance while having no effect on earnings management. Earnings management have no significant effect on financial performance. Meanwhile, earnings management is considered unable to mediate the effect of GCG and CSR on financial performance.

CONNECTING THE DOTS: CSR, JOB SATISFACTION, AND ORGANIZATIONAL CITIZENSHIP BEHAVIOR

2024-06-22T14:16:12+00:00

Corporate Social Responsibility (CSR) is garnering increasing attention within the realm of business and organizations, owing to its substantial impact across various dimensions, including Organizational Citizenship Behavior (OCB) and Job Satisfaction (JS). This quantitative study was designed to investigate the direct relationship between perceptions of CSR and OCB, as well as the mediating role of JS. The research encompassed 192 respondents hailing from Bank Mandiri, BNI, and BRI, employing a non-probability sampling method. Data collection was facilitated through the distribution of questionnaires via Google Forms, while data analysis was executed using the SmartPLS3. The study's outcomes indicate that employees' perceptions of CSR in these corporations, exert a positive influence on JS and stimulate voluntary OCB. Effective CSR practices are shown to elevate JS, subsequently resulting in heightened OCB, thereby bestowing favorable impacts upon these organizations.

DETERMINANT FACTORS OF HOTEL EMPLOYEE PERFORMANCE IN BALI WITH THE MODERATOR OF ENVIRONMENTAL TURBULENCE

2024-06-22T12:44:03+00:00

The success of hotels in Bali is inseparable from the role of human resources in it. Therefore, the success of the hotel will be seen from the performance of employees in the hotel. Employee performance is determined by various aspects, one of which is leadership style, organizational commitment and quality of work life of the employees themselves as well as environmental turbulence factors. This study aims to look at the factors that affect the performance of hotel employees in Bali. This study uses quantitative research methods and was conducted in Bali with the research subjects of PT CWP employees in Bali. Research data based on primary data sources, namely through distribution using a questionnaire based on 5 variables to be measured, namely employee performance, entrepreneurial leadership, organizational commitment, and employee quality of life and environmental turbulence. The research population that will be the source of research data is PT CWP employees in Bali consisting of around 276 people. From this population, a research sample of 159 people was taken based on the simple random sampling method, the analysis method using SPSS Statistics 29. The results showed that entrepreneurial leadership, organizational commitment, and quality of employee life are positively and significantly related to employee performance moderated by environmental turbulence.

UNRAVELING THE DYNAMICS: EXPLORING THE VARIED FACTORS IMPACTING STOCK PRICES OF MINING SECTOR FAMILY BUSINESS COMPANIES LISTED ON IDX FROM 2020 TO 2022

2024-06-22T01:51:30+00:00

Stock are one of the ways to raise capital for a company. Stock prices are influenced by many factors. This research aims to find out the effect of the solvency ratio, firm size, inflation, gross domestic product on the dependent variable, stock price, through the mediating variable,the profitability ratio. The object of this research is mining sector companies managed by families and registered on the IDX in 2020 - 2022. Samples were taken using a purposive sampling technique where the total sample was 81 from 27 companies. This research use the path model with the SmartPLS 4 application. The results of this research are that the solvency ratio has a significant negative effect on stock price and profitability ratio, firm size has a significant positive effect on stock price and profitability ratio, inflation has an insignificant negative effect on stock price and positive insignificant effect on profitability ratio, gross domestic product has an insignificant negative effect on stock price but has an insignificant positive effect on profitability ratio, profitability ratio has a significant positive effect on stock price, the solvency ratio has a significant negative effect on stock price with mediation profitability ratio, firm size has a significant positive effect on stock price with the mediation of the profitability ratio, inflation and gross domestic product have an insignificant positive effect on stock price with the mediation of the profitability ratio.

CENTRAL BANK DIGITAL CURRENCY: LESSONS LEARNT FROM THE SAND DOLLAR

2024-06-20T13:22:21+00:00

This research examines the implemention of the Sand Dollar in the Bahamas and draws several suggestions for policy makers when considering this new type of money in order to achieve the objectives. Besides, this study also provides basic insight into the background of development and motivations for this currency around the world. The study points out that the authorities need to promote more educational programs to introduce and bring more knowledge of the benefits of this currency and re-consider the non-interest bearing feature as it might be less appealing for holders.

EXPLORE THE ROLES OF FEMALE ENTREPRENEURSHIP IN PROMOTING ECONOMIC GROWTH IN ASIA: A PANEL DATA ANALYSIS

2024-06-20T13:41:54+00:00

In Asia, there has been a notable surge in the representation of women in leadership roles and entrepreneurial endeavours, aligning with the increasing acknowledgement of women's importance in politics and the economy. It is predicted that the future development and economic prosperity of Asia will heavily rely on the advancement of female entrepreneurship and empowerment. This research aims to provide empirical evidence on the correlation between female entrepreneurship and economic advancement within the diverse landscape of Asia context, using panel data spanning from 1998 to 2021 across 47 Asian countries. The findings of fixed-effect regression reveal a consistently positive association between women's entrepreneurial activities and economic progress across all Asian economies, encompassing both developed and developing nations. These findings are pivotal for crafting tailored policies aimed at enhancing female participation in entrepreneurship, thereby catalyzing economic growth and advancing towards the most potential in terms of socio-economic conditions.

IMPORTANCE OF PROFESSIONAL ETHICS FOR LEARNING

2024-06-20T14:04:37+00:00

The study focuses on the perceptions of financial students regarding the significance of professional ethics for their education and employment. Data is collected through a questionnaire administered to undergraduate business management students, providing insights into their awareness, importance perception, and self-assessment of professional ethics. The findings indicate that while students recognize the importance of professional ethics, they do not believe it significantly contributes to their academic performance and future careers. Overall, the paper emphasizes the significance of professional ethics for commercial students and suggests strategies to improve ethical competence in education and employment settings.

TAX AVOIDANCE IN NON-CYCLICAL CONSUMER COMPANIES REGISTERED ON THE IDX DURING 2020 - 2022

2024-06-22T01:12:34+00:00

This research aims to obtain empirical evidence regarding the influence of company size, leverage and profitability on tax avoidance in non-cyclical consumer companies listed on the Indonesia Stock Exchange in 2020-2022. The total sample for this research was 48 non-cyclical companies selected using a purposive sampling method. This research uses the classic assumption test before testing the hypothesis and the multiple linear regression method. Random Effect Model is a panel data regression method that is suitable for this research. The dependent variable in this research is tax avoidance where the results obtained are that company size has no effect on tax avoidance, while leverage and profitability have a positive effect on tax avoidance. The higher the company's leverage and profitability, the higher the tax avoidance it incurs. Apart from that, this research also shows that simultaneously the independent variables, namely company size, leverage and profitability, have an effect on tax avoidance in non-cyclical consumer companies listed on the IDX during the 2020 - 2022 period.

ACCOUNTANTS ROLE CREATING COMPETITIVE NEW BRAND TRUCK FINANCE PRODUCTS FOR PT SM FINANCE INDONESIA

2024-06-22T01:26:43+00:00

This research aims to show the approach used and the active contribution of PT SM Pembayaran Indonesia (SMPI) Accountants in supporting the creation of new financing products in the new SMPI segment, namely Chinese brand Heavy Trucks which are starting to penetrate sales in Indonesia, so that new financing products are produced by the company can compete in the Indonesian market and industry, which of course will provide positive asset growth and increase profitability at SMPI. SMPI's profitability is the main thing, which aims to accelerate the rate of return on investments made by shareholders, which is also fundamental in investing in establishing SMPI. This research method used is a real case study at SMPI after SMPI saw a new opportunity that had not been exploited by similar financing companies, by conducting an in-depth study of the quality and reliability of the selected Chinese Heavy Truck brand as well as the Indonesian market's acceptance of the selected Chinese Heavy Truck brand. has been operating and demonstrated growing market share gains in existing markets in Indonesia. This includes how SMPI Accountants play an active role in leading the creation of new financing products in new segments to support additional positive growth in SMPI assets and contribute to increased SMPI profitability. The research results show that one of the Chinese Heavy Truck brands has good feasibility in terms of readiness to be accepted by the market in Indonesia and from the perspective of profitability projections for SMPI to work together in jointly marketing SMPI financing solutions with financing products intended for Chinese Heavy Truck brands in the commodity industry certain.

TAX AVOIDANCE AND DERIVATIVES' EFFECT ON FIRM VALUE MODERATED WITH OWNERSHIP CONCENTRATION AND AFFILIATED RELATIONSHIP

2024-06-22T01:41:54+00:00

The purpose of this study is to examine the impact of tax avoidance and derivatives on firm value, as well as the role of ownership concentration and affiliate ties in modulating the relationship between tax avoidance and firm value. All energy sector businesses listed on the Indonesia Stock Exchange make up the study's population, which will be examined between 2020 and 2022. The sample for this study, which was conducted during the same time period, consisted of 44 energy-related enterprises. The data processing for this study included Eviews 13 software, as well as multiple linear regression and Moderated Regression Analysis methods. The results of the study show that ownership concentration significantly and positively raises firm value. However, derivatives and tax avoidance have no significant effect on it. Ownership concentration and affiliation is proven fail to strengthen the relationship between tax avoidance and firm value. According to this study, investors consider the level of concentrated ownership when making investment decisions. This means that the company's key shareholders must perform their duties to the best of their abilities in order for the company to develop and maintain strong future prospects.

GLOBAL GOVERNANCE AND SUSTAINABLE DEVELOPMENT: THE CASE OF UN’S SUSTAINABLE DEVELOPMENT GOALS

2024-06-20T13:17:34+00:00

The achievement of sustainable development, which is essential for preserving a healthy world for future generations, depends on the implementation of efficient global governance. Traditional, nation-state-focused approaches struggle to address difficulties that cross borders. In contrast, global governance structures facilitate collaboration by establishing frameworks—such as the Sustainable Development Goals established by the United Nations—and unite a wide range of actors—including businesses, governments, and nations—to exchange resources, expertise, and optimal methodologies. This collaborative effort is essential to tackle complex issues like climate change and poverty, ultimately paving the way for a more sustainable future. This paper will discuss the roles and responsibilities of significant actors contribute largely on sustainable development, focusing on the emerging trend of global governance in the international order. By taking the case of UN’s 17 Sustainable Development Goals, key problems for the public sector and private one will be identified and also provide some further suggestions in improving the implementation of sustainable development.

INFLUENTIAL DETERMINANTS OF THE INTENTION TO USE DIGITAL BANK

2024-06-22T02:03:04+00:00

Lately, some traditional banking industries have opened their digital bank to fulfill world digitalization in many areas. This research was conducted to test the perceived usefulness and convenience of the intention to use digital banks mediated by attitude toward service. This research uses a quantitative research model with non-probability sampling techniques. This research will fill the gap in terms of study locations, which have different characteristics for each country, the subject of this research is the population of digital bank users in Indonesia, the sample collection technique. The results of this study show that Perceived usefulness has a positive but insignificant effect on intention to use. Furthermore, it shows that Attitude, Convenience, and Perceived Usefulness toward service positively and significantly affects intention to use. Additionally, Attitude toward service can mediate perceived usefulness and intention to use. This study shows that attitude toward service and convenience can increase the intention to use a digital bank. However, perceived usefulness cannot increase the intention to use a digital bank.

BUILDING BRIDGES THROUGH PLAY: AN INVESTIGATION INTO MONOPOLY GO! AS CATALYST FOR YOUTH SOCIAL INTERACTION

2024-06-20T13:31:07+00:00

This study investigates how young people's social life are impacted by Monopoly Go! in the context of digital gaming. With the goal of analysing the game's communication elements, engagement reasons, and social repercussions, it fills knowledge gaps about the societal ramifications of digital games on social interaction. The literature study examines the evolution of Monopoly Go! from a classic board game to a mobile app, emphasising the game's ability to foster social connections even when players are separated by great distances. Through qualitative techniques including content analysis and in-depth interviews, the study looks into how the game affects young people's social connections. The game's ability to start talks, bring friends back together after the pandemic, and encourage peer influence and teamwork motivations is demonstrated by the findings. On the other hand, disputes that occur during in-game exchanges and the impact of in-game item commercialization on fair play are causes for concern. Future study should diversify its participant pool, ethical norms for community behaviour should be put in place, and the effects of commercialization on social dynamics inside gaming communities should be investigated. These revelations provide light on the intricate social dynamics, interpersonal relationships, and moral dilemmas present in online gaming environments.

THE HOLISTIC LEARNING MODEL OF BUSINESS ETHICS TO DEVELOP SPIRITUAL WELL-BEING

2024-06-20T13:58:39+00:00

The purpose of this study is to investigate the impact of the holistic learning model of Business Ethics on the students’SWB. Two business ethics classes are randomly chosen as sample from all business ethics classes of Management Study Program, Tarumanagara University, Jakarta. The study uses a quasi-experimental design “pre-test-post-test design with one group”, in which the learning model is the independent variable and the students’ SWB is the dependent variable. The testing of hypothesis uses the SWB’s score mean differences of a paired sample t-test. The results of this study show that the holistic learning model of Business Ethics gives a significant impact on the quality improvement of the students’ SWB, both overall and on all four dimensions of SWB: communal, personal, transcendental, and environmental. Three dimensions: communal, transcendental, and environmental influence at a significant level of 5%; and one dimension (personal) has an effect on a significance level of 10%.

A CASE STUDY ON THE OPERATION AND MARKETING STRATEGIES OF GROUP HOME IN JAPAN

2024-06-22T01:05:04+00:00

This study uses the Sky Group Home case study method to understand the current status of the industrial environment where the case is located, and explore the development trends and business strategies of Japanese companies in the group home market. It also analyses the corresponding marketing strategies of the industry based on regional expansion points, so as to improve the competitiveness of the industry's regional channels and open up new markets for international group home development. In recent years, Taiwan's group homes have been gradually privatized, and Japan's implementation experience has a high degree of reference value for my country's policy construction and group homes. This study focuses on operating groups in Japan Company A of Home House is taken as the research object, and the standard policies and operating models for the establishment of Japanese group homes are discussed through literature. Company A is used to understand its operating model based on its service content and current operating conditions. Environmental analysis and marketing mix analysis are conducted to explore its market, management and Marketing strategy; Finally, use SWOT analysis to summarize A The current situation of the company and suggestions for the future development of the industry. The legal entity creates a daily life environment similar to home, adhering to the core concept of "serving users", focusing on personal uniqueness, and providing users with social care in a small unit. In Japan, group homes gather two major groups: the elderly and the physically and mentally disabled, living in a house the size of an average family. Or apartments, with nursing staff working around the clock to provide living assistance, giving customers a convenient and secure living space and a comfortable and barrier-free daily life. After a preliminary understanding, I realized that compared to Taiwan, the development of group housing in Japan is more prosperous, and because the government adopts a "government subsidy, private operation" approach in the implementation of group housing welfare policies, it not only provides operating subsidies to private operators , and also provide consulting services and other assistance to the industry to make this social welfare industry more common in the country, so it was decided to further explore this policy.

THE DETERMINANTS OF CASH HOLDING

2024-06-22T01:21:39+00:00

The aim of this research was to empirically prove the influence of profitability, leverage, sales growth, and capital expenditure on cash holding. The sample selection method used purposive sampling. The research sample was 63 primary consumer sector companies listed on the Indonesia Stock Exchange with a research period of three years and were processed by multiple regression analysis of panel data using the Eviews. The research results showed that there was only one variable, namely leverage, which had a negative impact on cash holding. Profitability did not have a positive impact on cash holding, while sales growth and capital expenditure did not have a negative impact on cash holding.

PURCHASE INTENTION TOWARD LOCAL SKINCARE

2024-06-22T01:35:48+00:00

Currently, the need for body and facial care has become a community need because the emergence of various skin problems in women has prompted many local businesses to develop products to address them. This study used a non-probability method with a purposive sampling technique, as many as 224 respondent data were obtained through online questionnaires using the Google form and the data was analyzed using SmartPLS4.0-SEM. The results in this study were conducted with the aim of testing the attractiveness and trustworthiness of the purchase intention of local skincare products mediated by brand image. This study used a purposive sampling method, population data for this study were taken from samples who live in Jakarta and know about skincare local products as many as 296 valid individuals out of a total of 337 individuals and were obtained through online questionnaires using the Google form and data were analyzed using SmartPLS-SEM are valid. The result of this study is that attractiveness and trustworthiness can influence purchase intention which is mediated by brand image.

FACTORS AFFECTING CASH HOLDING IN TECHNOLOGY COMPANIES

2024-06-22T01:54:38+00:00

The purpose of this study was to examine the effect of net working capital [NWC], capital expenditure [CAPEX], growth opportunities [GROWTH], and firm size [SIZE] on cash holding. The research method used is multiple linear regression analysis. The sampling technique used was purposive sampling which resulted in 10 technology companies listed on the IDX. The regression test results show that capital expenditure has a negative and significant effect on cash holding and firm size has a positive and significant effect on cash holding. Meanwhile, net working capital has a positive and insignificant effect on cash holding and growth opportunities have a negative and insignificant effect on cash holding.

THE FACTORS INFLUENCING STUDENTS' SATISFACTION WITH BLENDED TEACHING METHODS IN THE CONTEXT OF INTERNATIONALIZATION OF EDUCATION AT FOREIGN TRADE UNIVERSITY

2024-06-20T13:24:58+00:00

This study is to determine the factors affecting the students' satisfaction with the blended teaching method, especially in the current international context, making some recommendations to increase the students' satisfaction with the combined teaching method. The research sample is 200 students of Foreign Trade University, using EFA factor analysis to create 4 factors affecting the level of student satisfaction with the teaching method in teaching methods, content of instruction, characteristics of blended learning systems, infrastructure and technology. The research results contribute to help university leaders to consider improving teaching quality and applying information technology to innovate teaching methods in general and English teaching method in particular.

THE ANTECEDENTS OF COFFEE SHOP CUSTOMERS’ SATISFACTION (A CASE STUDY ON ‘KOPI KENANGAN’ OUTLET IN WEST JAKARTA, INDONESIA)

2024-06-20T13:50:55+00:00

A phenomenon of the popular and rapid development in coffee shops in Indonesia has driven an increasingly fierce competition among business actors in this industry. The purpose of this research was to examine the effects of coffee quality, service quality, and perceived price on the satisfaction of ‘Kopi Kenangan’ customers in West Jakarta, Indonesia. The samples of this study were 302 customers of ‘Kopi Kenangan’ outlet at Citraland Mall in West Jakarta. Data was processed in this study using SmartPLS version 3.2.9. As the results of this research, coffee quality, service quality, and perceived price partially has a positive and significant effect on the satisfaction of ‘Kopi Kenangan’ customers at Citraland Mall outlet in West Jakarta. This finding can be expected to help business owners in formulating the ideal marketing strategies in the future.

CASE STUDY OF ENHANCING THE EFFECTIVENESS OF FEMALE ASSOCIATION- AN EXAMPLE OF CHIAYI FEIYAN ENTREPRENEURS ASSOCIATION

2024-06-22T00:58:38+00:00

Women are increasingly assuming vital roles in the domestic industry, with numerous domestic organizations dedicated to assisting women in employment and entrepreneurship. The government has also allocated significant resources for guidance and support. The operational performance of these organizations reflects the tangible benefits of counseling and the influence of women in both the business and social spheres. This study employs qualitative research methods such as "case study," "in-depth interview," and "focus group interview," utilizing the "Balanced Scorecard, BSC" framework, with the Chiayi Feiyan entrepreneurship development association (EDA).as the case study. Through interviews, the study explores how to enhance the operational performance of women's organizations. Using the case study organization as an example, the research results in areas such as finance, operational processes, learning and growth, and customer relations can serve as a reference for other branches or similar organizations, aiming to improve the effectiveness of counseling for women's employment and entrepreneurship.

THE INFLUENCE OF IMPELEMENTING THE ACCOUNTANT'S CODE OF ETHICS AND EMOTIONAL INTELLIGENCE FOR THE ACCOUNTANT PROFESSION IN DECISION MAKING

2024-06-22T01:16:26+00:00

The purpose of this paper is to determine the influence of accountant code of ethics and emotional intelligence on decision making in the accounting profession at Bank Central Asia. This study uses an associative approach that aims to determine the relationship of a variable with other variables so that it can control or anticipate a problem that may occur. The population selected in this study is the accountant profession at Bank Cenntral Asia in Jakarta City. The collection technique applied is by distributing questionnaires to research respondents. This study applied multiple linear regression research method. The results of this study partially state that the accountant's code of ethics has an influence on decision making. On the other hand, emotional intelligence has no influence on decision making. Simultaneously, professional ethics and emotional intelligence have an influence on decision making.

DETERMINANTS OF BATTLE PASS PURCHASE INTENTION IN GENSHIN IMPACT

2024-06-22T01:30:28+00:00

Mobile gaming has been a part of people’s daily activity, either as a leisure activity or a hobby. The demand for online games has been increasing because they can be played anywhere and anytime, but the mobile gaming industry still faces challenges in generating revenue because customers tend to only use the free features of the game. Therefore, this study aims to analyze the influence of enjoyment, social value and continued use intention towards purchase intention of a virtual item in a mobile game, which is Battle Pass offered by Genshin Impact. This research is a descriptive study which describes the variables in a situation of interest of the researcher. Moreover, this is a cross-sectional study, whereas data was gathered once during a period from a specific group. This study collected data from 126 respondents in Jakarta who have purchased the Battle Pass, but only 98 data are valid for analysis. The questionnaires were distributed online and data analysis was carried out using the Partial Least Square - Structural Equation Modeling (PLS-SEM) method. This study concluded that enjoyment, social value and continued use intention can predict purchase intention positively and significantly. Based on the results, researchers hope that Genshin Impact developer (Hoyoverse) can get more information to create a strategy to increase customers’ battle pass purchase intention.

DETERMINANTS OF CASH HOLDINGS OF CONSUMER NON-CYCLICALS FIRM LISTED IN INDONESIA STOCK EXCHANGE

2024-06-22T01:49:02+00:00

Cash is one of the most important asset owned by a firm. Cash functions to finance all firm’s operating activities. Without cash firm’s operational activities can’t run smoothly. Firms hold a certain amount of cash, this is called cash holdings. The level of cash holdings owned by a firm surely need to be managed well. This research aimed to empirically prove the effect of financial leverage, profitability, capital expenditure, firm size, and growth opportunity on cash holdings. The populations used in this research was 105 consumer non-cyclicals firms that was listed on Indonesia Stock Exchange (IDX) during the 2020-2022 period. The sampling method used was the purposive sampling method. The sample used in this research was 50 consumer non-cyclicals firms that was listed in IDX during the 2020-2022 period. The data used for this research was secondary data. The hyphothesis testing method used was multiple linear regression method. The statistical tool used for data processing in this research was Eviews version 12.0. The model that was most suited for this research was the Random Effect Model (REM). The results of this research showed that financial leverage, capital expenditure, and growth opportunity had a negative effect on cash holdings, profitability had a positive effect on cash holdings, while firm size didn’t have any effect on cash holdings. The results of this research implied that managers and investors should consider the level of financial leverage, profitability, and capital expenditure in assesing cash holdings to make a decision.

EXAMINING THE DETERMINANTS OF RENEWABLE ENERGY PRODUCTION IN ASEAN COUNTRIES

2024-06-20T13:20:00+00:00

This study investigates the determinants of renewable energy production in ASEAN countries, focusing on the factors influencing the transition to sustainable energy sources in the region. By utilizing the panel data from 2000 to 2020 with Pooled OLS, Random Effect model and Fixed Effect model, the research explores the explainatories of renewable energy production in ASEAN. The findings reveal that renewable energy consumption, economic growth and FDI have a positive and significant relationship with renewable energy production, while trade openness and urbanization have significant association with REP. It suggests the importance of suitable policy design to support renewable energy production in ASEAN, emphasizing the role of government-backed energy policies. Overall, this research contributes valuable insights for policymakers and stakeholders in the renewable energy sector, offering guidance for promoting sustainable energy practices and addressing climate change challenges in ASEAN countries.

COLLABORATIVE EFFORTS IN SCIENCE AND TECHNOLOGY WITHIN HIGHER EDUCATION INSTITUTIONS INSIGHTS AND REFLECTIONS

2024-06-20T13:38:29+00:00

In today's era of extensive international integration, collaboration in the realm of education and science and technology is undeniably essential within higher education establishments. Specifically, both bilateral and multilateral cooperative efforts in science and technology are being increasingly highlighted and encouraged in various forms. This article delves into the landscape of scientific and technological collaboration within higher education institutions, exploring the frameworks, experiences, and lessons learned from various perspectives. The development of science and technology stands as a cornerstone in the global integration agenda, with nations around the world emphasizing the importance of diversified and multilateral cooperation. Vietnam, in its pursuit of scientific excellence and technological prowess, has embraced international integration schemes and policies aimed at enhancing cooperation and investment in the realm of science and technology. This commitment is reflected in governmental decisions, policies, and strategic plans that underscore the significance of collaboration in research, development, and knowledge dissemination. Furthermore, international experiences, particularly from countries like Germany, the Czech Republic, Sweden, and China, offer valuable insights into different models of collaboration between higher education institutions, businesses, and research entities. These models encompass a spectrum of activities ranging from institutional exchanges, student programs, and scientific workshops to in-depth research partnerships and technology transfer initiatives. The article also delves into regional collaboration experiences, highlighting exemplary institutions such as Hanoi National University and the University of Labor and Social Affairs, showcasing their achievements, policies, and strategic initiatives in fostering collaborative endeavors in science and technology. Through case studies and analysis, we aim to extract lessons, best practices, and recommendations that can further enhance collaborative frameworks, communication channels, and resource utilization in the pursuit of scientific advancements and technological innovations. By examining the intersection of academia, industry, and international partnerships, this article aims to contribute to the ongoing discourse on effective strategies for promoting collaboration, knowledge exchange, and technology transfer within higher education ecosystems.

ENCOURAGING INTENTION IN SUSTAINABLE ENTREPRENEURSHIP THROUGH CSR SUPPORTING MECHANISMS

2024-06-20T14:01:35+00:00

As an effort to pursue the achievement of sustainable development goals (SDGs) in higher education, this study identifies the potential for growing student interest in sustainable entrepreneurship. The basic idea in this study is to involve corporate social sustainability (CSR) as a support for forming interest in prospective and new entrepreneurs in this model. For this reason, the goal of this research is to identify the relationship between perceived CSR support and students' intentions for sustainable entrepreneurship. Entrepreneurial students were selected as a sample (n=90) using a convience sampling method. The validity and reliability testing indicate that the six indicators of sustainable entrepreneurial intention are valid and reliable. The same results occurred for ten indicators of perceived CSR support. Results show a significant influence of perceived CSR support on sustainable entrepreneurial intention. The path coefficient produces a t-statistical value (16.735) with a p-value (0.000) so that the hypothesis is accepted at the 5 percent significance level. The regression results produce an R-square of 0.665 with an adjusted R-square of 0.661, thus depicting a relatively large contribution in forming sustainable entrepreneurial intention. The contribution of other factors was identified as 43.90 percent in forming this intention. These results are in accordance with the theory of planned behavior, theory of triple bottom line, and theory of pyramid CRS. The supporting realizes a balance between achieving economic growth, social welfare, and environmental sustainability. The formation of good perceptions regarding CSR support indicates that this mechanism is one of the entrepreneurial ecosystems that can be relied upon to support an atmosphere of sustainability in entrepreneurial learning and practice. As a suggestion, it is necessary to increase stakeholder involvement in education sector so that it will be in line with the SDGs agenda in 2030.

ECO-FRIENDLY CARS’ PURCHASES: THE ROLE OF CONSUMER ENVIRONMENTAL CONCERN, MONETARY POLICY, AND VALUE PERCEPTIONS

2024-06-22T01:09:32+00:00

In the automotive market environment of Indonesia, a more in-depth insight into the factors that influence the purchase intention of eco-friendly cars is essential. Environmentally friendly cars are increasingly gaining attention amidst global environmental and climate change concerns. The research method used was a survey with data collection through a questionnaire distributed to 300 respondents by using purposive sampling. The measurement scale in this study used a 7-point Likert scale. Most respondents are female, comprising 56 percent, compared to 44 percent of male respondents. Most respondents with entrepreneurial backgrounds and bachelor’s degrees fall within the productive age range of 35 to 45 years. Additionally, a significant portion of the respondents earns an annual income ranging from 5 to 10 million Indonesian Rupiah. The analysis of the variance-based SEM method, PLS-SEM, shows that consumer environmental concern, monetary incentive policy measures, and perceived value significantly contribute to consumer purchase intentions. This research aims to positively contribute to advancing the eco-friendly car industry, bolster sustainable government policies, and shape consumer perceptions favorably towards greener transportation solutions. The study contributes valuable insights to this field’s existing literature and research. The empirical basis and findings derived from this research can serve as a reference for future studies on eco-friendly cars, providing a foundation for further exploration and understanding sustainable mobility choices

FACTORS AFFECTING FIRM VALUE WITH DIVIDEND POLICY AS MODERATION

2024-06-22T01:24:33+00:00

The purpose of this study was to analyze how profitability, liquidity, company growth, company age and leverage affect firm value with dividend policy as a moderating variable in companies listed on the Indonesia Stock Exchange (IDX) for the period 2020-2022. The total research sample was taken from companies with the consumer non-cyclicals sector selected by purposive sampling method. The data in this study are secondary data in the form of financial reports taken from the official IDX website. The total company data used in accordance with the research criteria were 81 research samples and after outliers became 65 research samples. The data of this study were analysed using multiple linear regression analysis techniques processed with SPSS (Statistical Product and Service Solutions) software version 26. The results of this study indicate that profitability and dividend policy have a significant positive effect on firm value. Liquidity, company growth and company age have no significant effect on firm value. Dividend policy does not moderate the effect of profitability, liquidity and company growth on firm value. This study provides important knowledge to company management to pay attention to factors that affect firm value.

EXAMINING THE FACTORS INFLUENCING THE INTENTION TO BUY AN ELECTRIC VEHICLE

2024-06-22T01:38:46+00:00

Even though electric vehicles have been introduced for a long time, demand for electric vehicles still needs to be improved. Therefore, research on consumer adoption of electric vehicles needs to be carried out to fill the existing research gaps. This research examines the relationship between Perceived usefulness, Perceived ease of use, and Customers' experience on Intention to buy an electric vehicle. A total of 269 respondents who live in DKI Jakarta were collected through an online survey using a purposive sampling technique. Data processing was carried out using a PLS-SEM approach using Smart PLS3 software. The results show that all of the five proposed hypotheses are significant. This means that Perceived usefulness, Perceived ease of use, and Customers' experience are essential variables that can significantly influence customers' Intention to buy an electric vehicle. This research contributes to providing information for companies and regulators regarding understanding consumer behavior in purchasing electric vehicles.

FACTORS AFFECTING FINANCIAL DISTRESS IN THE CONSUMER INDUSTRY SECTOR DURING THE COVID-19 PANDEMIC

2024-06-22T01:59:13+00:00

The COVID-19 pandemic has led to changes in financial performance and a decline in global economic conditions. This study aims to obtain empirical evidence about the influence of Corporate Social Responsibility (CSR), firm size, and firm age on corporate financial distress in the cyclical and non-cyclical consumer sectors during the COVID-19 pandemic. The research design used in this study is descriptive research with quantitative methods. The research sample was selected using purposive sampling, which contains 80 companies as sample. Hypothesis testing is done using a regression analysis model of panel data. The data processing for this study using some application such as Microsoft Excel and EViews 10. The results revealed that Corporate Social Responsibility has no influence on financial distress, the size of a company has a significant positive influence over financial distresses, and the age of the company has significant negative influence upon financial distress. This means that both the size and age of the company are interrelated indicators that should be considered because they can affect the risk of financial distress.

LEVERAGING IDIOSYNCRATIC RISK TO SUPPORT SUSTAINABLE DEVELOPMENT GOALS (SDGS) AND ITS IMPACT ON ECONOMIC GROWTH AT ASEAN COUNTRIES

2024-06-20T13:27:54+00:00

This study investigates the dynamics between economic growth and key determinants, Sustainable Development Goals (SDGs) related to poverty reduction (SDG 1) and affordable clean energy (SDG 7), as well as Idiosyncratic Risk, in ASEAN countries. Utilizing regression analysis, the research uncovers intriguing insights into these relationships. The findings reveal a significant positive association between Idiosyncratic Risk and economic growth, indicating that higher levels of idiosyncratic risk are linked with greater economic activity and innovation. However, the analysis suggests that SDG 1 (No Poverty) initiatives do not directly impact economic growth within the model's framework, highlighting the need for further exploration of indirect effects. Additionally, the promotion of SDG 7 (Affordable Clean Energy) exhibits a statistically significant but negative relationship with economic growth, possibly due to initial investments in clean energy infrastructure. These findings underscore the complex interplay between sustainable development goals, idiosyncratic risk, and economic growth in the ASEAN region, offering valuable insights for policymakers and stakeholders aiming to foster inclusive and sustainable economic development.

THE IMPACT OF CORPORATE GOVERNANCE AND BOARD CHARACTERISTICS TOWARD FIRM VALUE OF BUMN COMPANIES

2024-06-20T13:54:36+00:00

Since 2014, there has been a massive increase in infrastructure development. The interesting thing about this industry is a decrease in the share price of these companies, especially state-owned companies that are mostly working on the infrastructure development. According to this phenomenon, a study was conducted to determine the effect of corporate governance and the characteristics of the board of directors on firm value which is a reflection of value of share in the market price. The characteristics of the board of directors consist of age, gender, tenure, and educational background. The audit committee, independent commissioners, and the board of commissioners are proxies for corporate governance. The data used are state-owned infrastructure companies listed on the Indonesia Stock Exchange from 2015-2022. The number of companies is 8 companies. The analysis uses multiple regression analysis, and they processed with Statistical Product and Service Solution (SPSS version 29). The results of this study indicate that the audit committee, age of directors, and educational background of directors have a significant effect on firm value. Meanwhile, the independent commissioners, board of commissioners, gender of directors, and tenure of directors do not affect firm value. The conclusion is that the role of the audit committee and the age and education of the board of directors play an important role in firm value. This study implies that the selection of the audit committee and the age and educational background of board members are the prominent focus of recruitment in a company to increase firm value.

INVESTIGATION OF THE DEVELOPMENT CONTEXT AND MANAGEMENT EXPERIENCE OF TACIT KNOWLEDGE WITH "READING THE ATMOSPHERE" IN THE WORKPLACE

2024-06-22T01:02:12+00:00

This research involved nine participants, including three mid-to-senior-level executives from the public and private sectors in central and southern Taiwan, two small and medium-sized enterprise owners, and one expert from an employment counselling center. Interpretative analysis of interview texts obtained through focus group interviews and in-depth interviews yielded the following propositions: (1) selecting employees with social sensitivity, guiding them in observing words and actions, and fostering reflective learning; (2) utilizing work record forms, notes, and implementing mentorship programs to share and pass on the knowledge and skills of reading the atmosphere; (3) using app-based games or book club platforms to simulate and practice reading the atmosphere to avoid instructional conflicts. These findings and discussions may help new employees assimilate into the organization more rapidly, reduce employee turnover, and enhance work efficiency and the organizational climate.

THE INFLUENCE OF JOB SATISFACTION, JOB STRESS AND CAREER DEVELOPMENT ON BARISTA TURNOVER INTENTION

2024-06-22T01:19:16+00:00

Turnover intention is a form of employee assessment that has not been achieved in real terms towards the continuity of his relationship with the current employer or company. Then, the intention to move employees can be influenced by factors such as job satisfaction, job stress and career development. The purpose of this study was to determine the effect of job satisfaction, job stress and career development on turnover intetion. The sampling technique in this study uses a non-probability method with a saturated sampling technique that refers to sampling as a whole. The sample in this study were 50 baristas. The results of this study indicate that job satisfaction has a positive effect on turnover intention, job stress has a positive effect on turnover intention and career development has a positive effect on turnover intention. The implication of this research for the company in general is that the company can manage the turnover intention level of baristas through increasing job satisfaction, including by fulfilling employee rights, especially regarding better compensation.

THE INFLUENCE OF DESTINATION IMAGE AND PERCEIVED VALUE ON SATISFACTION OF LITERACY PARK

2024-06-22T01:32:57+00:00

The public's low interest in reading has caused Indonesia to become one of the countries with the lowest literacy rate in the world. Literacy is an activity that includes skills in reading and writing, skills in interpreting information used for the development of education, development and quality human resources.This research has the purpose to determine the influence of destination image and perceived value on satisfaction. The research method used was a survey with data collection through a questionnaire distributed to 251 respondents by using purposive sampling. The measurement scale in this study used a 5-point Likert scale.The analysis of the variance-based SEM method, PLS-SEM, shows that destination image significantly affects satisfaction and perceived value significantly. This research aims to positively contribute to advancing the tourism industry, especially in a literacy park destination, bolster sustainable government policies, and shape visitors loyalty towards literacy park. The study results provide the implication that destination image and perceived value have an important role in shaping visitors satisfaction. Besides that, this research uses variables rarely used in the tourism industry to measure satisfaction. This research proves that destination image and perceived value have a positive and significant relationship to satisfaction. This research's empirical basis and findings can serve as a reference for future studies. This research was conducted to strengthen research regarding destination image variables, perceived value, satisfaction and destination loyalty in a tourist destination, especially the Martha Christina Tiahahu Literacy Park. It is also hoped that this research can contribute to increasing literacy activities in Indonesia. It is hoped that the results of this research can be used as material for innovation and evaluation by marketers in managing destinations. Apart from that, it is hoped that the results of this research can also provide input for similar tourist destinations in increasing visitor loyalty.