Indonesia Conference Directory

Corresponding Author
Amin Setyo Leksono

Institutions
1Department of Biology, Faculty of Mathematics and Natural Sciences, Brawijaya University, Malang, Indonesia
2Faculty of Agriculture, Brawijaya University, Malang, Indonesia

Abstract
The purpose of this study is to describe the level of knowledge and strategies for the introduction of technology for making compost and natural dyes of ikat woven cloth of the Dayak community in Ensaid Panjang village, Sintang, West Kalimantan. This community service activity adopted action research with a project-based learning approach. Action research activities start from the initial survey of community needs. Furthermore, the activity implementation team compiles preparations in the form of debriefing to students of real work lectures, preparation of materials and equipment needed for practice. A total of 52 respondents were determined by snowball sampling technique. Key informants in this study consisted of the Head of Ensaid Panjang Hamlet, the Betang traditional house elders, and the Ensaid Panjang community representatives. Furthermore, the introduction of technologies for making compost and natural dyes of ikat woven cloth was done by lecturing, simulation, demo, and direct practice methods. The results showed that three indicators showed a significant increase in understanding. These consisted of skilled at the process of making natural dyes from local plant species that can be used as dyes for woven cloth; the the process of making compost from household waste, litter and livestock waste; and institutional roles that help the process of making and marketing woven cloth. A significant increase in understanding indicates that the action community empowerment activities have been successfully implemented. In general, the average increase in understanding and achievement of the community by 11%. Particularly, the understanding of composting has improved by 51%.

Keywords
composting, natural dyes, Dayak, ikat woven cloth

Topic
Basic Science/Life Science

Link: https://ifory.id/abstract/KFLpBMj6nDu7

Corresponding Author
Tia Fitriani

Institutions
PT. Pertamina (Persero)
Terminal BBM Cikampek
Jl. A Yani, Cikampek Jawa Barat

Abstract
Abstrak Terminal BBM (TBBM) Cikampek merupakan salah satu TBBM yang berlokasi di area Jawa Barat, yang melayani kebutuhan BBM di sekitar Purwakarta, Subang, Cikampek, dan Bekasi. Sebagai upaya beyond compliance, TBBM Cikampek melakukan berbagai inovasi di bidang efisiensi dan pengelolaan sumber daya alam (energy, air, limbah B3 dan nonB3, Udara, dan keanekaragaman hayati. Beberapa inovasi yang dihasilkan diantaranya Optimalisasi Monitoring Volume Differential antara Flow Meter dengan Sistem MySAP menggunakan Aplikasi Capt. MARVL, efisiensi dan percepatan proses perawatan dan modifikasi tembok kolam pemadam melalui water block di tbbm cikampek/ wablock sebagai sarana efisiensi dan percepatan tembok kolam pemadam, modifikasi jalur drain dari densitometer menggunakan direct line, fix grounding tester mobil tangki, optimalisasi pengambilan sampel pada tangki timbun menggunakan sampling paddle, pemanfaatan scrap untuk gazebo dan di ceria pertamina mini zoo. Seluruh program-program yang telah dilakukan selama 5 tahun mampu memberikan efisiensi energy sebesar 3.893,65 GJ, mereduksi emisi hingga 466.263,46 ton CO2e, konservasi air 6.528,17 m3, reduksi limbah B3 sebesar 16,12 ton, dan pemanfaatan limbah NonB3 sebanyak 7,66 ton. Sebagai salah satu upaya sinergi kemasyarakatan operasional perusahaan terhadap masyarakat sekitar Ring 1 dan Ring 2 sekitar area TBBM Cikampek, Perusahaan juga memiliki program yang mampu memberikan manfaat kepada masyarakat sekitar berupa Program Posyantek (Pos Pelayanan Teknologi), Program UMKM Telur Asip Asap Batik Karawang, Dan Program Rumah Kelola Organik. Keseluruhan program-program inovasi yang dibentuk oleh terminal BBM Cikampek merupakan upaya beyond compliance yang berkelanjutan. Abstract Terminal BBM Cikampek (TBBM) is one of the TBBM that located in the West Java area, which distributes fuel needs around Purwakarta, Subang, Cikampek, and Bekasi. As an effort to go beyond compliance, TBBM Cikampek has made various innovations of efficiency and management of natural resources (energy, water, B3 and nonB3 waste, air, and biodiversity), such as Optimization of Differential Volume Monitoring between Flow Meters and MySAP Systems using Capt. MARVL application, efficiency and acceleration of the treatment process and modification of the walls of the fire pool through the water block in, modification of the drain path of the densitometer using direct lines, fix grounding tester truck, sampling optimization in the storage tank using paddle sampling, Scrap utilization for gazebo and Pertamina Ceria mini zoo. All programs that have been carried out for 5 years can provide energy efficiency of 3,893.65 GJ, reducing emissions to 466,263.46 tons of CO2e, water conservation 6,528.17 m3, reduction of B3 waste 16.12 tons, and utilization of NonB3 waste as much as 7.66 tons. As one of the efforts to synergize the companys operational community with communities around Ring 1 and Ring 2 around the Cikampek TBBM area, the Company also has a program that is able to provide benefits to the surrounding communities, that called Posyantek (Technology Service Post) Program, SME Program of Asip Asap Batik Karawang, and Organic Home Management Program. The entire innovation programs established by the Cikampek BBM terminal are ongoing beyond compliance efforts.

Keywords
Kata Kunci: efisiensi sumberdaya, energi, emisi, limbah, keanekaragaman hayatiKeywords: efficiency resources, energy, emissions, waste, biodiversity

Topic
Environment, Health, and Safety

Link: https://ifory.id/abstract/JZFkcufHxajN

Corresponding Author
Muhammad Irfan Said

Institutions
Laboratory of Animal By-products Processing Technology, Faculty of Animal Science, Hasanuddin University, Jl. Perintis Kemerdekaan Km.10 Makassar 90245

Abstract
Abstract. Feather waste is a type of livestock by-product which is quite abundant. Feather waste production is influenced by the amount of poultry slaughter. In Indonesia, the poultry population occupies the highest number compared to other livestock populations. The large amount of feather waste production will also trigger livestock waste production. Various attempts have been made by researchers and industry to process and utilize this waste. Increasing the added value of feather waste is expected to be able to contribute in reducing the rate of waste production. Feather waste has been widely used in the poultry industry as animal feed ingredients. In addition, Feather waste has also been used as a medium in sports activities and furniture raw materials through the production of home industries. Currently, the development of research by scientists related to alternatives to the use of feather waste has been growing rapidly. Various challenges to reduce the production of feather waste have been carried out to create environmentally friendly products. The purpose of this review was aims to evaluate the development of the latest research technology related to the potential and use of poultry feather waste as raw material in the industrial field.

Keywords
Waste, Poultry, Feathers, Raw materials, Industry

Topic
Animal waste and environmental technology

Link: https://ifory.id/abstract/gZG9KvUftqQ6

Corresponding Author
Syarifah Yusra

Institutions
a)Department of Food and Agricultural Product Technology, Faculty of Agricultural Technology, Universitas Gadjah Mada, Bulaksumur, Yogyakarta 55281, Indonesia
b)Department of Chemistry, Faculty of Mathematics and Sciences, Universitas Gadjah Mada, Bulaksumur, Yogyakarta 55281, Indonesia
Email: yusraalydrus[at]gmail.com

Abstract
This research aimed to modify a starch obtained from palm oil production waste to produce dextrin through steam explosion (SE). The starch was extracted by an aqueous system followed with sedimentation. The SE process was performed at different temperatures (120, 130, 140, 150 and 160 °C). The dextrin products were analyzed physically and chemically for dextrin solubility, moisture content, ash content, XRD profile, FTIR profile, dextrose equivalent (DE) and molecular weights (MW). The results obtained mentioned that SE process at temperature of 120 oC gave the best characteristics of dextrin which was comparable to commercial dextrin. The dextrin had the best solubility among other products. The XRD profile of the dextrin exhibited the same difractogram patterns with a peak at 2-theta = 19.4 and FTIR profiles with main peaks at wavenumbers 1148, 1077, 994 and 928 cm-1 as CD. Among the temperature treatments, the highest DE value was obtained for SE at temperature of 120 oC (10,33 ± 0.16), which was still less than that of CD (18,46 ± 0.04). This gave the MW of the product 102000 g/mol, higher than MW of CD (44000 g/mol).

Keywords
Oil Palm, Palm Stem, Steam explosion, Dextrin, starch modification

Topic
Agricultural Engineering

Link: https://ifory.id/abstract/N7A9wXvZHdCM

Corresponding Author
Lohana Juariyah

Institutions
Universitas Negeri Malang, Malang Indonesia
lohana[at]um.ac.id

Abstract
Employees- commitment is an important issue in organization, especially in business, since employees who commit to the organization show better performance, lower in intention to leave and increase productivity. There are some antecedents found related with employees- commitment; job satisfaction and perceived organizational support (POS). This study tries to investigate the effect of POS to employees- performance through job satisfaction, since many studies found different research findings related with mediation effect of job satisfaction toward the effect of POS to employees- performance. By doing survey toward 98 employees of Gas Station with simple random sampling technique, only 66 returned the questionnaires. The collected data then analyzed with descriptive and path analysis technique. The results showed that job satisfaction is fully mediate the effect of POS to employees- commitment. Therefore, it is important for the organization to maintain job satisfaction condition of their employees and also organizational support programs, because those factors found to be direct or indirect influenced employees- commitment to the organization.

Keywords
Perceived Organizational Support, Empoyee Commitment, Job Satisfaction, Mediation Effect, Path Analysis

Topic
Organizational Behavior

Link: https://ifory.id/abstract/W67rRftbLvau

Corresponding Author
Dimas Negoro

Institutions
University of Indonesia

Abstract
The ups and down in commodity prices is arguably important challenges to deal with for commodity-based firms in order to strive and survive. The increasing volatility of this business cycle has increased the difficulties in responding strategically. An empirical study has been undertaken to build an organizational model for commodity-based firms to deal with this issue fundamentally. This study used the Structural Equation Modeling–Partial Least Square (SEM-PLS) methodology to analyze 130 top management representing 99 different mining and Crude Palm Oil companies in Indonesia. It found that commodity-based firm can have better performance by being an ambidextrous organization. In order to achieve this, firms need to have orientation towards its business cycle and this orientation is determined by its top management foresight and environmental uncertainties. This study contributes to the existing literature on strategic management in relation to ambidextrous organization, managerial foresight, organizational orientation, environmental uncertainty, and its performance implications. The study provides managerial advice by proposing a model that could give valuable insights in the purpose of building business cycle ambidextrous company.

Keywords
Ambidexterity, Business cycle orientation, Top management foresight, Business performance, Commodity based firms, Strategic management

Topic
Strategic Management

Link: https://ifory.id/abstract/ezPFudhkpr4B

Corresponding Author
Anggun Pesona Intan Puspita

Institutions
Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia
naoomik69[at]gmail.com
Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia
API[at]ppm-manajemen.ac.id

Abstract
Introductions : This study aims to determine the influence of Korean boyband as brand ambassador, brand personality, and Korean wave on purchase intention in XYZ sheet mask, one of the Korean beauty brands in Indonesia. Market growth of the cosmetics industry had increased which was directly proportional to the increase in the number of cosmetic products registered in Indonesia. According to Cekindo (2017) the cosmetics product in Indonesia were growing rapidly with existence of 125,220 products that had been registered under BPOM within five years until 2017. The number made cosmetic products were the most registered at BPOM until 2017, which was 56%. Cosmetic products registered in Indonesia were not only local products, the competition in this industry also includes foreign products. One of the countries that import cosmetic products to Indonesia is South Korea. BPS recorded imports of South Korean cosmetic products to Indonesia reached 5.9 million USD in 2016 (Putri, 2017). The scope of this study was limited to know whether there is a positive influence or no influence of the three variables on purchase intention in XYZ sheet mask. Methods : This research used descriptive research with influence relationship between the variables. The research method used in this study was quantitative research method with survey approach. The population determined in the study was all Jakarta, and its buffer cities (Bogor, Depok, Tangerang, and Bekasi) female residents. Sampling method used is a non-probability sampling methods, with the type of judgement sampling technique by setting criteria for the respondents. The questionnaire as a research instrument used a Likert scale with 4 points to reduce neutral answers. The data analysis tool used in this study is multiple linier regression. Results : Adjusted R2 value of 0.518 in this study might imply that the the variation of brand ambassador (X1), brand personality (X2), and Korean wave (X3) on purchase intention (Y) of 51.8% while remaining 48.2% was affected by other variables which not explain in this research. Based on the output of regression test results, the significant value is 0.000 which is smaller than 0.05, it can be concluded that Ho1 rejected H1 accepted. Thus, the formulation of hypothesis that the influence X1, X2, and X3 on Y simultaneously, accepted. Brand ambassador (X1) partially influenced on purchase intention (Y) significantly but not positively with t-count of the X1 is -2.207, it can be concluded that H2 rejected Ho2 accepted. Brand personality (X2) partially influenced on purchase intention (Y) significantly and positively with t-count of the X2 is 10.004, it can be concluded that Ho3 rejected H3 accepted. Korean wave (X3) partially influenced on purchase intention (Y) significantly and positively with t-count of the X3 is 2.049, it can be concluded that Ho4 rejected H4 accepted. Conclusions : Korean boyband as brand ambassador, brand personality, and Korean wave had signific

Keywords
Brand Ambassador, Brand Personality, Korean Wave, Purchase Intention

Topic
Marketing Management

Link: https://ifory.id/abstract/qQbBW4AYkuPr

Corresponding Author
Dishari Das Mou

Institutions
BRAC Business School, BRAC University, Dhaka, Bangladesh
disharimou283[at]gmail.com
mahmud_ullah_khan[at]hotmail.com
hridita.islam21[at]gmail.com

Abstract
* Introduction: The rate of unemployment is ever increasing even though Bangladesh is among the fastest growing economics in the world. The purpose of this study is to determine whether young adults are more incline to invest in security market than to seek employment and also to figure out which factors cause reluctance among them to invest on the stock market. Based on the Limited information we have a gathered, we have developed a hypothesis, which is "Factors such as income, parental influence, financial knowledge, and peer pressure are effecting the investment pattern of young professional. * Methods: We are collecting both primary data and secondary information for this study. Most of the secondary data are being collected from previously published journals. For primary data, a questionnaire have been created which will be distributed among young professionals between the ages of 25 to 35. The samples will be collected from Dhaka, Bangladesh. * Results: Based on the few responses we have collected, young generation have a negative perception on stock market due to market volatility, parental influence, peer pressure, and lack of knowledge about stock market. * Conclusions: As this study is still on-going, we are unable to provide any findings and have not reached any concrete conclusion.

Keywords
Young generation, influence, financial market

Topic
Finance and Risk Management

Link: https://ifory.id/abstract/RNnYmqd7Ae6h

Corresponding Author
Cynthia Setiawan

Institutions
Marketing Management, PPM School of Management, Jakarta, Indonesia
esthercynthia.s[at]gmail.com
Marketing Management, PPM School of Management, Jakarta, Indonesia
pritaasianna[at]gmail.com
Marketing Management, PPM School of Management, Jakarta, Indonesia
kurniapepey[at]gmail.com

Abstract
1. Introduction and Research Problem As the core business of PT Hasianna Logistics, sales growth in cargo shipping services is not in line with the growth of the logistics industry. Recorded from 2014-2018 sales figures generated are still likely to fluctuate. The companys performance is also considered far from the companys target. The company also has not carried out any strategy or promotion. Based on interview, PT Hasianna Logistics has problems in several aspects of the marketing mix, such as: price, promotion, people, process and place. Another objective to be achieved is the company want to improve sales performance to achieve the target. Marketing strategies can be an alternative to increase sales and company performance. In addition through the marketing strategy, companies can review the marketing mix on the services offered. 2. Methods This research conducted using a theory marketing strategy from Best (2014). The research begins by analysed the situation which includes current performance, market share, competitive position & value, market demand, competition & industry as well as customer needs. In competition & industry, it is carried out by using Porter 5 Forces analysis. The next step is analysis the portfolio matrix by looking at market attractiveness and competitive positions. The portfolio matrix is a reference in designing a strategic market plan. The strategic market plan will be influenced by SWOT analysis and vision mission of the company. The strategic market plan will describe the strategies that are influenced by the objectives that have been determined. STP design (Segmenting, Targeting, Positioning) and marketing mix (7P Product, Price, Place, Promotion, Process, Physical Environment, People) will be do after choosing strategic market plan and followed by a performance plan. The performance plan will explain the revenue plan, marketing and sales budget, marketing ROI, marketing profit plan and marketing plan budget. 3. Result and Findings The appropriate strategic market plan that will do is offensive strategy. The company chose core strategy I and core strategy II which included invest to grow and improve competitive position. The core strategy I is to increase market share and enter the new segment. The aim is to increase sales volume in accordance with established objectives. In core strategy II, company can increase customer loyalty or retention of purchases, reduce costs and carry out marketing activities. Based on interview with the Director of Operations, the number of corporate customers had reached 200 companies. But so far, purchasing retention tends to be low. In addition to the quality offered tends to be similar, price is a major factor for customers in choosing a cargo provider service company. Emphasis on cost becomes important for companies to be able to continue to compete in the industry. Other strategic activities that can be carried out by companies are to carry out marketing

Keywords
Marketing strategy, strategic market planning, offensive strategy, PT. Hasianna Logistics, cargo delivery services

Topic
Marketing Management

Link: https://ifory.id/abstract/BGt2hEFzHAaj

Corresponding Author
INTAN PERMANA

Institutions
UNIVERSITAS GARUT, KABUPATEN GARUT, INDONESIA
intan[at]uniga.ac.id

Abstract
Indonesia has four banking institutions with the status of State-Owned Enterprises namely Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), Bank Tabungan Negara (BTN) dan Bank Mandiri. Facing the marketing 4.0, banks created a mobile banking service to facilitate transactions for customers. BNI mobile banking has the lowest rating of 3.6 on a scale of 5. This study aims to analyze the service marketing mix as a marketing strategy. Data obtained through observation of 100 users of BNI mobile banking service. The results of the factor analysis show that the service marketing mix dimension that has the highest influence is the product with a 95% confidence level. Furthermore, BNI needs to develop mobile banking services on an ongoing basis in accordance with customer expectations.

Keywords
MARKETING MIX, SERVICE

Topic
Marketing Management

Link: https://ifory.id/abstract/EDVRY2CdLfkc

Corresponding Author
RIFA HERDIAN

Institutions
PT Telkom Indonesia Tbk, Jakarta, Indonesia
rifaherdian1[at]email.com
PPM School of Management, Jakarta, Indonesia

Abstract
Introduction: The purpose of this study is to identify the current and future CFU Enterprise sub-holding business portfolio of PT Telekomunikasi Indonesia Tbk (Telkom), mapping key success factors from each industry in which strategic units operate, identify strengths and weaknesses and the ability of each SBU to respond to external strategic issues, as well as the business portfolio strategy of the Telkom CFU Enterprise business group 2020-2023. Telkom is a BUMN in the field of information and communication technology (ICT) services with a TIMES business portfolio (Telecommunications, Information, Media, Edutaintment and Services). Since 2016 Telkom has changed the organization from a core and adjacent-based business to a customer-centric based, known as the Customer Facing Unit / Functional Unit (CFU / FU), which aims to consolidate and manage group (divisions) and subsidiary businesses according to the portfolio one that is needed to serve its customers, one of which is CFU Enterprise which focuses on the corporate market, which consists of nine Business Unit Subsidiries (BUS). Methods: This research uses descriptive qualitative method. Data was collected through interviews with leaders at the CFU Enterprise Sub-Holding level and leaders at nine SBUs, as well as studies of public documents and company internal data. The analysis in this study uses the IE Matrix (Internal Factor Evaluation / IFE Matrix and External Factor Evaluation / EFE Matrix), PESTEL Analysis and Five Porter Strengths, which are used for company internal and external scanning. The BCG matrix is used to map the portfolio of nine SBU businesses. Results: This research has been able to map the business portfolio of a subsidiary / SBU from Telkom CFU Enterprise. This research has identified the key success factors in each industry in which the SBU / CFU Enterprise Subsidiary operates. Basically the nine SBUs are in the same business stream, namely ICT (information and communication technology) services with key success factors including: professional workforce and international certification; Wide Coverage, Strong Sales & Service Network; Networking & good cooperation with technology principals; Strong engineering / Technology capability; and flexible financial capacity and budgeting processes. This research has identified the strengths and weaknesses of Subsidiaries / SBU in the CFU Enterprise environment. With functional analysis which includes four factors: human resources and organization; marketing; operational; and financials, which are then mapped into the IFE Matrix. This research has identified the ability of each SBU to respond to external strategic issues. With PESTEL and Porters Five Forces analysis, opportunities and threats have been mapped which are then mapped in the EFE Matrix. Conclusion: This research has mapped the business portfolio strategy of the Telkom CFU Enterprise business group 2020-2023: (1) Product development strategy (diversification)

Keywords
Corporate Strategy, Portfolio Strategy, BCG Matrix, IE Matrix

Topic
Strategic Management

Link: https://ifory.id/abstract/GUb2hv9kcQ8T

Corresponding Author
Pepey Kurnia

Institutions
Sekolah Tinggi PPM Manajemen, Jakarta, Indonesia
kurniapepey[at]gmail.com

Abstract
This study examines the factors that influence customer experience and the effect of customer experience on purchase intention. The objects of this research are shopping malls in Jakarta. The background and problems of this study arise from the presence of e-commerce, which disrupts the shopping mall industry as reflected in numerous retail spaces that have been closed in recent years. Verhoef et al. (2009) has revealed a new theory by holistically/ comprehensively examining the customer experience in the retail industry. Yang and He (2011) use the basic theory of Verhoef et al. (2009) in combination with Schmitt (1999), which is then associated with purchase intentions. In view of those theoretical descriptions, the researchers have found a gap that there is no research, especially in Indonesia, which has tested the theory of Verhoef et al. (2009) by simultaneously testing the factors influencing the customer experience as well as examining the relationship between customer experience and purchase intention. Researchers have found that service interface, assortment, price, retail brand, and social environment factors have a significant positive effect on customer experience at shopping malls in Jakarta. The atmosphere factor does not have a significant positive effect on customer experience in shopping malls in Jakarta. It is suspected that there are differences in terms of respondents profile, place, and time of respondent taking when testing the effect of atmosphere factor on the customer experience in a shopping mall. The retail brand is the factor that has the greatest influence on the customer experience in shopping malls in Jakarta. The customer experience factor has also a significant positive effect on the purchase intention in shopping malls in Jakarta.

Keywords
Purchase Intention

Topic
Marketing Management

Link: https://ifory.id/abstract/6g9ebprPyZJT

Corresponding Author
Janette Janette

Institutions
PPM School of Management

Abstract
Introduction: what is CSR? & why it matters? Since 2017, public companies in Indonesia are required to pay attention to the social and environmental interests that play a role in helping a companys business in a sustainable context. The program is reported in the form of a sustainable financial report or commonly called a sustainability report. In the international world, sustainability report can be used as a company transparency regarding the impact of the business to environment and social, such as climate change and human rights. In addition to corporate transparency, sustainability reports also help companies make better decisions related to the companys social, environmental and economic aspects. One part that include in sustainability report is the disclosure of corporate social responsibility or usually called CSR. The definition of CSR based on the EU Commission is the concept in which companies integrate social and environmental care in their business operations activities and company interactions with stakeholders (Aras and Crowther, 2008). The application of CSR in the company began in 1970, many experts began to realize the influence and important reasons why companies need to implement CSR. The importance of companies implementing CSR is also explained through the statement by Burke & Logsdon (1996) that in the short term CSR tends to incur costs but this will have an impact on corporate profits in the long run. From the external side according to Howard R.Bowen in Melé (2008), CSR is a reflection of the responsibility of employers on the environment and social. The experts also suggest that one of the roles of accounting should be to report on the impact of the activities of the organization or company. In accordance with the information of Ballou & Heitger (2005), CSR is one of the methods used by companies to present transparent reports, accurate and reliable data, as well as present performance company as a whole. The conclusion of the importance of companies implementing CSR is as a real disclosure of corporate responsibility due to the impact of business activities. In addition, CSR also supports the long-term sustainability of business activities and forms of transparency to stakeholders. In Indonesia we used GRI sustainability reporting guidelines- G4 issued in last May 2013. The guidelines which contain 91 point of disclosure, helps to provide an international reference for all parties interested in the disclosure of corporate governance and environmental, social and economic performance approaches and organizational impacts. This research will limit the discussion about the effect of CSR disclosure on firm value, with profitability (ROE) as a moderating variable that happened in bank industry. Methods This research used a secondary data, which are provided in Bursa Efek Indonesia (www.idx.co.id) and the company website. The period used in this research start from 2014 until 2018. For analyzing da

Keywords
CSR, Firm Value, Profitability (ROE)

Topic
Cost Management and Accounting Management

Link: https://ifory.id/abstract/mtUrbj6QxGKp

Corresponding Author
Muhammad Roy Urich Kusumawardana

Institutions
mkusumaw16[at]gmail.com

Abstract
The threat of terrorism in Indonesia is quite a challenge nowadays due to the phenomenon that some terrorist actors are actually part of company employees. The process of selecting and recruiting new employees is very strategic in preventing the entry of terrorism networks into a business organization in Indonesia. PHENC as one of the largest oil and gas BUMN companies in Indonesia, namely PT Pertamina (Persero) which is being one of the operational targets of terrorists, this was obtained from the ex-combatants interviewed in this study. Terrorist teams have data and images of pipelines, wells and oil and gas refineries throughout Indonesia. The data obtained from the interviews with the combaants is their ability to recruit candidates from young people to older people from academia to religious and business circles. With the ability to recruit each year they can print 50 people with the ability to attack that can save larger victims and attacks on strategic objects with the ultimate goal of making the country improve the results of these attacks. Therefore PHENC as a national vital object (obvitnas) needs to have a strategy to prevent the defense terrorism network in the recruitment and selection of new employees. This research uses applied research using qualitative methods that do not use statistical data and narrative translations. Narrative means this research details about research on the object of research. Qualitative data in this study were collected by written interview method with several representatives of PHENC management. The analysis technique used is descriptive analysis. The analysis result shows that currently PHENC has not conducted a Background Check (BC) in the recruitment and selection process of new employees. Beside that, recruitment and selection was found as security threat in risk register of PHENC. The design of strategy to prevent the terrorism network in the recruitment and selection of new employees, it is proposed to consist of three parts. The first part is for new permanent employees of PHENC. The second part is intended for new outsourcing employees and the last part is the implementation of an integrated security management system (SMP). The design of the strategy can be implemented through eight steps. Word limits The abstract text body is limited to 500 words.

Keywords
terrorism, recruitment and selection, risk management, security management system

Topic
Human Resource or Capital

Link: https://ifory.id/abstract/XptFKbc6TBkJ

Corresponding Author
Bernika Setiawan

Institutions
a Sekolah Tinggi Manajemen PPM, Jakarta Indonesia
BER[at]ppm-manajemen.ac.id
b. Sekolah Tinggi Manajemen PPM, Jakarta Indonesia
YNR[at]ppm-manajemen.ac.id

Abstract
1. Introduction and research problem The development of information technology has an impact on the financial services industry with the advent of financial technology (FinTech) products. The Financial Services Authority (OJK) defines FinTech as utilizing the development of information technology in improving services in the financial industry. The OJK has classified FinTech in Indonesia into 5 major groups including (1) digital payment systems, (2) Financing & Investment, (3) information & feeder side, (4) account aggregator and (5) personal finance. P2PL is a financial technology (FinTech) product. Peer-to-peer lending provides an opportunity for a investor to provide funds/capital loans to people who need funds directly through a digital platform. P2PL is seen as an attractive investment instrument because it offers a high rate of return when compared to conventional investment instruments. The growth of the P2PL company was also welcomed by the community who contributed to becoming a borrower or becoming a lender. The presence of P2PL was quickly utilized by the people who needed a fast loan. The number of borrowers calculated based on the number of accounts increased by 786.5% from last year, so that as of September 2018, the number of borrowers was 2.3 million borrower accounts. So far, 85.6% of borrowers still come from Java. However, from year to year funding has begun to flow to regions outside Java, which was only 3.3% of the total number of borrower accounts in Indonesia in December 2016, to 14.4% (September, 2018). Garman et al. (2008) states that investors are one of the keys to success in the sustainability of the P2PL industry. Investors are looking for loans that can be funded as an alternative investment or additional investment instruments that have been owned. Jahanzeb and Muneer (2012) state that the decision making process is a complex cognitive process for choosing an alternative among the other available alternatives. In this study, researchers will provide a perspective on how investors decide to invest and how the process of selecting P2PL companies in Indonesia and the experience of investors in investing in P2PL. Investor experience is expected to provide insight for individuals who want to learn and consider P2PL as an investment alternative. 2. Methods This study uses a qualitative approach to view investor perspectives on P2PL as an alternative investment. Researchers conduct in-depth interviews with informants (investors). Researchers conduct an inductive process by building patterns, categories and themes starting from data and then entering into more abstract units of information. This process is repeated until the researcher can build a complete theme from all the data he has. Further more the deductive process is also carried out when a theme has been obtained to see and ensure the evidence supporting each theme is sufficient. If it is still lacking, researchers will look for and recombine other i

Keywords
Peer to peer lending, investment decision making process, investment experience, financial technology, investment motivation

Topic
Finance and Risk Management

Link: https://ifory.id/abstract/bKd6eWnmcVYM

Corresponding Author
Shafira Putri Medina

Institutions
Shafira Putri Medina
Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia.
shafiraputrimedina[at]gmail.com
Widyarso Roswinanto;
Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia.
wid[at]ppm-manajemen.ac.id

Abstract
INTRODUCTION Celebrity endorsement is the practice of using artists or popular persons to become a spokesperson or an icon of brands that are advertised through various available media. The use of celebrity in advertisement has been a common marketing practice worldwide when celebrities support the advertised brands (Shimp, 2003; 2008). Various studies have been done to investigate the effects of such endorsement, including the effects on brand awareness, brand attitude and purchase intention. However, there is still limited research accomplished to reveal the fundamental and factual depiction of the effect such phenomena of celebrity endorsement in advertisements. Further, there has not been rich research investigating how the celebrity endorsers suit the advertised brands (celebrity match-up). The objective of the current research is threefold. First, exploring the most recalled endorsed-advertisements. Second, investigating the evaluative measures of endorsed advertisement such as ad recall, brand attitude, attitude toward celebrity endorser, and celebrity match-up. Third, exploring the interplay relationships among important concepts within the topic of celebrity endorsement that include the effects of attitude toward celebrity, celebrity match-up, attitude toward the advertisement, brand attitude and purchase intention (Menon, Boone and Rogers, 2001; Holmes and Strutton, 2008; Till and Busler 2013). METHODOLOGY AND RESULTS A mixed method of qualitative and quantitative procedures is conducted in three consecutive studies. Study 1 involves interviewing 80 subjects to explore and collect the most recalled recent advertisements that involve celebrities as the endorsers in Indonesian advertisement practices. The result is the list of 22 most recalled advertisements that in turn will be used as the basis for the next study. Study 2 entails an online survey to gain responses from 329 respondents. The result of this study is to acquire descriptive effect evaluations of the use of celebrity endorsers in the advertisements. In this study, table showing sorted frequencies is presented and accordingly we have the results of which advertisements, celebrities and brands with highest recall, highest attitude and highest celebrity match-up level. Means of the audience evaluation of the measured concepts (such as the level of celebrity attitude, advertising attitude, celebrity match-up and brand attitude) are then presented. Using the same data set, Study 3 investigates the interplay relationships among the explored concepts. All scales to measure the related concepts are adopted from the extant literature after assuring the reliabilities and validities of each measurement. Non-parametric procedures using Kruskall Wallis are performed to test most of the relationships since the classical assumptions are violated. Results show that all explored relationships are significant. More findings and implications are then discussed.

Keywords
Celebrity Endorser, Brand Image, Brand Personality, Celebrity Image, Celebrity Attitude, Advertising Attitude, Brand Attitude, Celebrity Match-up, Purchase Intention

Topic
Marketing Management

Link: https://ifory.id/abstract/Awq8hxP2ufak

Corresponding Author
Nur Aini Puspo Rani

Institutions
Human Resources Management, PPM School of Management, Jakarta, Indonesia
faahmimf[at]gmail.com
Human Resources Management, PPM School of Management, Jakarta, Indonesia
nur.ainipr[at]outlook.com
Human Resources Management, PPM School of Management, Jakarta, Indonesia
riza.ary[at]gmail.com

Abstract
Introduction & Research Problem Waled Hospital is a government hospital that has implemented performance management in its organization. However, the implementation of performance management that has been carried out is limited to performance appraisal. Methods Based on questionnaire survey data involving 78 hospital employees, the results were 72% of statements said Waled Hospital performance management needed improvement (Fauzi, 2019). In addition, there were four findings based on the document review which were (1) the planning form used is based on government regulations and only measurement of results are carried out during one period, there is no measurement of process carried out during that period; (2) there is no supervision in performance appraisal, (3) Waled Hospital performance appraisal form didn-t include performance appraisal for contract employee; and (4) there is no follow-up instrument after the evaluation form. The gap was found between the practices carried out with the performance management planning that is owned by Waled Hospital. The urgency to make improvements is very important because of the accreditation assessment that will be carried out on Waled Hospital. Results & Findings This research is a continuation of the results of previous practical work (Fauzi, 2019). The follow-up process is to identify the typology used in the hospital. The typology used in this study is the typology of Miles & Snow (1984) by identifying organizational characteristics and characteristics of human resource management. Based on the identification results, Waled District Hospital is an organization with a typology of Defender. The next step is to design a performance management system based on 4 stages namely the planning stage, the implementation stage, the evaluation stage and the performance review stage and also use the characteristics of Aguinis (2014). Conclusions, implications and significance The results of typological analysis (Miles & Snow, 1984), the 4 stages of performance management and characterization of Aguinis (2014) are used as the basis for determining the direction and policies used to make of a performance management system. This performance management system is based on 4 stages of performance management that are equipped with a measurement of process, measurement of results and forms at each stage. The results of this study are complemented by the implementation steps of implementing performance management which are explained using two points, namely (1) policy guidelines, and (2) timelines that describe the process and timing of the performance management system that has been created. The design of the performance management system that was made serves as a complement and is run parallel with the performance management system of the Waled Hospital that comes from the government. Reference (Selected) Aguinis, H. (2014). Performance Management. London: Pearson Education Li

Keywords
Performance Management, Performance Appraisal, Hospital, Waled Hospital

Topic
Human Resource or Capital

Link: https://ifory.id/abstract/ubzeCx78WkGL

Corresponding Author
Diatrhi Windrasari Hastono

Institutions
Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia diatrhiwhastono[at]gmail.com
Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia, martdianratnasari[at]gmail.com

Abstract
PURPOSE AND BACKGROUND As the rising on the number of civil society organization (CSO) every year in Indonesia, the need to fulfill the financial resources is crucial and important. The CSO usually divided their financial capital into two usage, donation or event budget and operational cost (Rumah Dongeng Pelangi, 2019). To fulfill both, most of CSO have two sources of financial capital, internal and external sources. The existence of Social Return on Investment is crucial to be the indicator to justify the usage of the donation received from the donors. The SROI could be used to help the CSO to predict the social value will be created by the program they designed, also to help the donors to know the social value they are expecting when they donate their fund. However, the knowledge regarding the SROI concept in Indonesia generally, and the CSO specifically is still low. Many of the CSO still used faith-based relationship and undefined standard of value added (Rumah Dongeng Pelangi, 2019). The paper evaluates the social return on investment for an Indonesian CSO focusing itself on the early child education through storytelling method, Rumah Dongeng Pelangi (RDP), operates in Jabodetabek. In this particular paper, the programs will be observed and evaluate are the annual and continuous programs that have been continuing for more than 3 years in a row. Those programs are Ramadhan Bucket List, Christmas Bucket List, Satu Kakak Satu Adik (One Brother One Sister), and Panggung Boneka untuk 1000 Anak Indonesia (Puppet Stage for 1000 Indonesian Children). METHODELOGY This research was carried out by reference to methods, principles, and guidelines of SROI measurement promoted by The SROI Network UK (Social Value International). The evaluation takes place on August to September 2019 by evaluating the data within the last three years. The information needed was gathered by doing in-depth interviews to the key stakeholders for each evaluated programs. RESULTS The key finding of this research is that the SROI of four annual programs of Rumah Dongeng Pelangi is 3.95 This result shown that for every one rupiah donated through Rumah Dongeng Pelangi, the social impact given could be monetized as Rp3,95. The stakeholders for some programs are mainly similar like Ramadhan Bucket List, Christmas Bucket List and Satu Kakak Satu Adik (One Brother One Sister) since all these programs are focusing on the charity for foster children. The most difference stakeholders are Panggung Boneka untuk 1000 Anak Indonesia (Puppet Stage for 1000 Indonesian Children) program, because this program was design to give teaching session for low-budgetted early child schools. Both Satu Kakak Satu Adik (One Brother One Sister) and Panggung Boneka untuk 1000 Anak Indonesia (Puppet Stage for 1000 Indonesian Children) have the longest impact duration which is 5 years. The impact duration for other programs are 3 years. The impact of Satu Kakak Satu Adik (One Brother O

Keywords
Social Return on Investment, CSO

Topic
Suistainable Business Development

Link: https://ifory.id/abstract/crbtTqHp6yKv

Corresponding Author
INTAN PERMANA

Institutions
Universitas Garut, Kabupaten Garut, Indonesia
intan[at]uniga.ac.id

Abstract
Technology and the internet are two things that cannot be separated in the digital age. Both become tools that can encourage various sectors, for example the economy, communication, transportation including charity activities. Considering that Indonesia is a country that has mutual cooperation principles, the kitabisa.com platform was created to facilitate the community in carrying out social activities. If previously the activity of charity is done directly, after the innovation platform for charity activities can be done online. This study aimed to determine the effect of platform innovation on the intention to make donations. The research method used to test the research hypothesis is quantitative descriptive Structural Equation Modelling (SEM). Data obtained through filling out questionnaires by 100 respondents who already have an account kitabisa.com. The results of hypothesis testing indicate that platform innovation influences the intention to make donations at a 95% confidence level. As an innovation, kitabisa.com platform has succeeded in changing peoples behavior in doing charity activity.

Keywords
Product innovation; Purchase intention

Topic
Marketing Management

Link: https://ifory.id/abstract/xmdnXLKMDUtu

Corresponding Author
Erni Ummi Hasanah

Institutions
Universitas Janabadra STP AMPTA Universitas Sebelas Maret

Abstract
Green tourism is one form of ecotourism, emphasis on national park or protected area as a tourism destination. Green tourism can be a part of green life style as a green mind. The aim of this study is the implementation of Green Village management on Sitimulyo, Piyungan, Bantul, Yogyakarta and reform Sitimulyo to be one of tourism destination. Based on a process of action research, this paper explores the attitudes and perceptions towards sustainability and how they influenced the people engagement. We demonstrate that the partnership was effective in enabling the villagers engaged in the project to take control over the process. Behaviour changes were reported by the villagers actively engaged with the initiative. The Green Village did not snowball to the entire community, however many of those who chose not to engage associated the word Green with traits that they did not identify with.

Keywords
green village, sustainable tourism, Sitimulyo village, Bantul Yogyakarta

Topic
Environmental Economics and Sustainable Development

Link: https://ifory.id/abstract/daDqHmXL8KNg

Corresponding Author
Dimas Aditya Bhakti

Institutions
Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia
dimsab17[at]gmail.com

Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia
annisa.dwiyana[at]gmail.com

Abstract
According to Ministry of Research, Technology and University, there are 750 million fresh graduate in every year. Survey from Monster.com in 2018 found29% fresh graduate new employee quit their first job in less than a year of joining, most of them because of under-prepared in their first job so it is difficult to adapt. This study aim to find out effect of work environment, orientation and experience of internship on successful adaptation of work for fresh graduate generation Y new employees. This study used a sample of 75 people, the questionnaire data was then processed using multiple linear regression tests which included t-tests and F-tests. The test results decided that the orientation period and internship experience had a positive effect on the adaptation of fresh graduate generation Y employees. While the work environment has no effect on the adaptation of Generation Y fresh graduate employees. Together (simultaneously) the three factors (work environment, orientation period, and internship experience) have a positive influence on the adaptation of Generation Y fresh graduate employees. From the results of 75 questionnaires also found 61 people (81.3%) need less than six months, eight people (10.7%) need six months, two people (2.7%) need 7-12 months, and four people ( 5.3%) requires more than 12 months from the first day of work to adapt.

Keywords
Work Environment, Orientation, Internship, Employee Adaptation, Generation Y

Topic
Human Resource or Capital

Link: https://ifory.id/abstract/2hG9YedPjZNk

Corresponding Author
Erni Ummi Hasanah

Institutions
Universitas Janabadra STP AMPTA Universitas Sebelas Maret

Abstract
Rural tourism is the important engine for rural development, but on the other side, it brings environmental problems. Program Bedah Menoreh is one of rural tourism which has connectivity between tourism destinations on Menoreh hills. Sidoharjo dan Gerbosari are two villages which are projected as a rural tourism. The economy aspect and sustainability are two aspects to be balanced, as a critical aspect in rural area in developing countries. Aim of this study is to valuate the rural tourism on the village. We use the contingent valuation method (CVM) to analyze the tourist willingness to pay to conserve the tourism area in two villages. The result are almost all tourist are concern about the sustainability of rural tourism area

Keywords
rural tourism area, Bedah Menoreh Program, contingent valuation method, sustainability, Kulonprogo Yogyakarta

Topic
Environmental Economics and Sustainable Development

Link: https://ifory.id/abstract/pZmWRVXh6PQU

Corresponding Author
Widyarso Roswinanto

Institutions
Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia.
wid[at]ppm-manajemen.ac.id

Abstract
ABSTRACT Internet has brought fast-growing news media business. By utilizing digital technology, access to information is fast, easy and convenient while often freely obtained through online sites and social media. Despite the widespread access to free news information, a number of players in the news media industry remain optimistic about running a digital news application business with subscription-based paid content. By combining the Technology Acceptance Model (TAM) and Theory of Planned Behavior (TPB), this research conducted approaches to identify the antecedents that influence individual intentions in subscribing to digital news applications. Seven hypotheses were built to determine the variable correlation in TAM and TPB towards the intention to subscribe to digital news applications. An online survey is conducted with 310 respondents who are users of digital news applications. Structural Equation Model (SEM) method assisted by AMOS 23 was used for the data analyses. We aim this research to add references that can implement the use of TAM and TPB and the development of marketing strategies for application-based digital media businesses. Keywords: INTRODUCTION Several researches have designated the behavioral intentions of technology acceptance. Only a few researches built the derivatives, the author has not found research that discusses antecedents of individual intentions using digital news, especially in Indonesia. Thus not yet described what factors cause consumers to have the intention to improve digital news applications. This research uses several previous research references that use Theory of Planned Behavior (TPB) and their derivatives, and bears a resemblance to the object of research based on the adoption of information technology and the factors that influence (antecedents) individuals intention towards receiving (using, buying, subscribing) application products based on digital technology. HYPOTHESES Seven hypotheses are built from six variables with two exogenous variables; (1) control of perceived behavior (PBC) and (2) subjective norms (SN), and four endogenous variables; (1) perceived ease of use (PEOU), (2) perceived benefits (PU), (3) attitude of use (A), (4) intention to subscribe (ITS). METHODOLOGY This study uses descriptive and explorative methods, with 310 respondents using digital news applications in multiple areas including the major cities in Java and the majority of DKI Jakarta. Two steps approach of Structural Equation Modeling are employed to test the measurement model, structural model as well as the competing model of the conceptual framework. The path analyses are then reported and discussed. CONCLUSIONS The survey response defines that majority of respondents read digital news applications every day, but most never subscribe. One out of seven hypotheses tested in this research was not proven, namely the effect of the direct relationship of perceived behavioral control

Keywords
TAM, TPB, Intention to Subscribe, Digital News Application

Topic
Marketing Management

Link: https://ifory.id/abstract/3GMTh4Azf8cx

Corresponding Author
Meichyel Meichyel

Institutions
ab Meichyel, Indonesia
mariameichyel[at]gmail.com
cd Novy Silvia Dewi, S.E., M.M, Indonesia
novy.silviadewi.nsd[at]gmail.com

Abstract
PURPOSE/AIM & BACKGROUND The financial statements issued by the company contain information about the condition and performance of the company during the related period. Information in financial statements is useful for users of financial statements for decision making as investors for investment decision making. In 2013, the Financial Accounting Standards Board (DSAK) in Indonesia revised the Statement of Financial Accounting Standards (PSAK) 1 regarding the presentation of financial statements which added the components of other comprehensive income (OCI) to the statement of profit or loss and other comprehensive income. In measuring and evaluating component of OCI, subjectivity is contained due to estimations, assumptions, and judgments (Rissi, 2016). The component of OCI consists of unrealized gains or losses that provide more comprehensive information to users such as investors for investment decisions. Company managers provide information through accounts that signal investors to help make investment decisions (Godfrey et al, 2010). Value relevance is measured by the ability of information in financial statements to convey information that affects stock prices (Francis and Schipper, 1999). This research will discuss the effect of the income statement and other comprehensive income, namely net income, comprehensive income, other comprehensive income, other comprehensive income with low subjectivity, and other comprehensive income with high subjectivity to stock returns. This research was conducted on infrastructure, utilities, and transportation companies listed on the Indonesia Stock Exchange in the 2014-2018 period. METHODOLOGY In this research, panel data regression analysis using Eviews software consists of 3 models to be selected, namely the common effect model, fixed effect model, random effect model. To estimate the regression model that will be chosen, 3 tests were performed to select the most appropriate model to use. The first is the chow (likelihood ratio) test to determine the chosen common effect model or fixed effect model. Second, the thirst test to determine the fixed effect model or random effect model chosen. And third, lagrange multiplier (LM) test to determine the common effect model or random effect model chosen. Then, the researchers conducted hypothesis testing. First, a partial test (t test) to see the effect of the independent variable partially on the dependent variable (Kurniawan, 2016) and secondly, the coefficient of determination (R2) to find out how much the variation of the independent variables can explain the dependent variable (Nachrowi and Usman, 2006). FINDINGS/RESULTS In this study, the selected regression model is the common effect model and the test results are as follows: Variable Coefficient Std. Error t statistic Prob. NIPS 0,216299 0,069499 3,112242 0,0033 CIPS -0,164921 0,057706 -2,857933 0,0065 OCI -0,131916 0,045250 -2,915241 0,005

Keywords
value relevance, subjectivity of other comprehensive income, stock returns

Topic
Finance and Risk Management

Link: https://ifory.id/abstract/GQMmRjwyrLTg

Corresponding Author
Meliyanti -

Institutions
PPM School of Management, Indonesia
meliy.thd[at]gmail.com
PPM School of Management, Indonesia
nora.hendriyeni[at]gmail.com

Abstract
Introduction Earnings persistence occurs by several factors such as innate factors (company age, company size, competition) and discretionary factors (risk aversion, auditor quality) (Francis et al., 2004; Mahjoub & Khamoussi, 2012). Other factors that can influence earnings persistence are non-financial aspects such as social and environmental. Companies executes good social and environmental activities, have a tendency to provide higher quality earnings information to attract investors (Mahjoub & Khamoussi, 2012). On the other side, two of the financial factors are the level of sales volatility and debt levels. Volatility sales illustrates the quality of profits (Mahjoub & Khamoussi, 2012) because it has an effect on the level of profits that will cause a lot of changes (noise) (Fanani, 2010). On the other hand, if the companys profits are unable to pay the interest expense (due to debt) and its principal, then it will lead to failure and is believed to be unable to obtain a stable profit (Fanani, 2010). In previous studies explained that the quality of information available on CSR (Corporate Social Responsibility) can improve company performance, especially profitability (Bidhari, Salim, & Aisjah, 2013). Other studies explain that social and environmental policies have a positive relationship with earnings quality (Mahjoub & Khamoussi, 2012). According to Laksmana & Yang (2009), companies that disclose social and environmental information on the financial statements, have stable earnings that affect earnings persistence compared to other companies. This research is focused on social and environmental disclosure on CSR reports on earnings quality which is used as a proxy for earnings persistence with sales volatility and debt level as moderation variables. The research also focused on sectors that have direct social and environmental effects, evidence from the mining sector in Indonesia. This research was conducted in Indonesia from 2014 to 2018. Methodology This study uses simple and multiple linear regression with interaction term for determining moderating variables. We also do classic assumption test beforehand such as normality test, heterocedasticity test and multicollonierity test. This study uses 3 Models to determine its hypotheses. We use 210 data from mining sector in Indonesia which are processed with purposive sampling. Then we obtained 41 sample data. This study uses social and environmental disclosures with the GRI-G4 index (and only concern about social and environmental category), earnings persistence using a proxy earnings quality (this proxy is a negative coefficient value from the annual earnings regression model (AR1 model) with the following calculation (Fanani, 2010; Francis et al., 2004; Mahjoub & Khamoussi, 2012)), sales volatility with sales variation and debt levels with DTA (Debt to Asset Ratio). This study also uses control variables such as company size variables (log to total ass

Keywords
Corporate Social Responsibility, Earning Persistence, Social and Environmental Disclosure

Topic
Cost Management and Accounting Management

Link: https://ifory.id/abstract/Hm6v4GBh8LNn

Corresponding Author
Zahramutya Nadapertiwi Putri

Institutions
Sekolah Tinggi Manajemen PPM, Jakarta Indonesia
zahramutyanada[at]gmail.com
Sekolah Tinggi Manajemen PPM, Jakarta Indonesia
YNR[at]ppm-manajemen.ac.id

Abstract
1. Introduction and research problem The growth of Financial Technology (Fintech) services in Indonesia is a form of development of financial services in the digital era. Google and Temasek survey results (December 2018) showed that the digital economy in Indonesia could grow 100 billion US dollars in 2025. This makes Indonesia the largest market for digital economy penetration compared to other countries in Southeast Asia. The presence of Fintech is expected to increase financial inclusion which is considered to be able to reduce some socio-economic problems such as more equitable financial distribution so as to realize the financial independence of the community, reduce poverty and unemployment. Peer to Peer Lending (P2P) is a type of Fintech service that provides Information Technology-Based Money Lending and Borrowing services and has been officially regulated by the Financial Services Authority (OJK) through OJK regulation number 77/POJK.01 / 016. As of January 2019, there are 99 digital platforms in the Peer to Peer Lending category that have been registered with the OJK. In this study, researchers used two theories that can explain the level of understanding and acceptance of individuals in studying the use of digital technology-based financial services. The first theory is The Unified Theory of Acceptance and Use of Technology (UTAUT) proposed by Venkatesh et.al (2003) and the second theory is Social Cognitive Theory (SCT) put forward by Compeau & Higgins (1995). The variables used are Performance Expectancy, Effort Expectancy, Social Inflation, Facilitating Condition, Self-Efficacy, Affect, Trust, Reputation and Anxiety towards Behavioral Intention. Research subjects in DKI Jakarta have the population with the highest literacy and inclusion in Indonesia. 2. Methods The study was conducted in March-April 2019 by conducting a survey of 450 respondents. The determination of the sample is used based on a purposive sampling technique, based on the population of the population in DKI Jakarta of 10,467,600 people (Badan Pusat Statistik, 2018). The results of calculations based on Krejcie and Morgans table showed a minimum of 384 respondents. This survey uses a Likert scale which aims to measure peoples attitudes, opinions and perceptions about the use of P2P (Sekaran, 2013). Researchers conducted a preliminary test to 30 respondents aiming to measure whether the questions in the questionnaire were appropriate to measure the variables to be measured on a small scale first. The analysis technique used is multiple linear regression to explain how much influence the independent variable has on a dependent variable. The SPSS application is used to process and analyze survey results. 3. Results and findings The results of the analysis show that Performance Expectancy, Effort Expectancy, Social Influence, Facilitating Conditions, Self-efficacy, Affect, Reputation, Trust and Anxiety have simultaneous significant effects on Individual Behavi

Keywords
Financial Technology, Peer to Peer Lending, UTAUT, SCT

Topic
Finance and Risk Management

Link: https://ifory.id/abstract/rgPehYyknmV3

Corresponding Author
Asnah Marzuki

Institutions
1 Laboratorium Kimia Farmasi, Fakultas Farmasi, Universitas Hasanuddin, Jalan Perintis Kemerdekaan Km 10, Tamalanrea, Makassar

2 Laboratorium Farmakologi, Fakultas Farmasi, Universitas Hasanuddin, Jalan Perintis Kemerdekaan Km 10, Tamalanrea, Makassar

3 Laboratorium Farmakognosi-Fitokimia, Fakultas Farmasi,Universitas Hasanuddin, Jalan Perintis Kemerdekaan Km 10, Tamalanrea, Makassar

Abstract
Telah dilakukan penelitian skrining toksisitas fraksi dari ekstrak etanol kulit batang Banyuru (Ptorespermum celebicum Miq.) dengan metode Brine Shrimp Lethality Test. Tujuan penelitian ini adalah mengetahui toksisitas hasil fraksi dari ektrak kulit batang Banyuru(Ptorespermum celebicum Miq.) terhadap larva Artemia salina berdasarkan nilai LC50 yang didapatkan dari analisis probit. Ekstraksi dilakukan dengan metode maserasi menggunakan pelarut etanol dan diuji toksisitasnya. Nilai LC50 ekstrak awal yaitu 59,02 µg/mL. Ekstrak awal kemudian dipartisi dengan n-heksan dan metanol serta diuji toksisitasnya. Ekstrak larut n-heksan dan larut metanol memiliki nilai LC50 yaitu 86,01 µg/mL dan 49,51 µg/mL. Hasil partisi larut metanol difraksinasi dengan menggunakan metode kromatografi cair vakum dan dihasilkan enam fraksi yaitu fraksi A, B, C, D, E, dan F dengan nilai LC50 berturut-turut yaitu 312,60 µg/mL; 52,45 µg/mL; 15,15 µg/mL; 25,54 µg/mL; 85,18 µg/mL dan 59,03 µg/mL. Fraksi C memiliki nilai LC50 yang sangat tinggi yaitu 15,15 µg/mL dibandingkan fraksi lainnya sehingga sebagai kesimpulan fraksi C paling toksik.

Keywords
Pterospermum Celebicum Miq., Fraksinasi ,Brine Shrimp Lethality Test.

Topic
Farmakognosi dan Fitokimia

Link: https://ifory.id/abstract/4Z28cNkmV93L

Corresponding Author
Asnah Marzuki

Institutions
1 Laboratorium Kimia Farmasi, Fakultas Farmasi, Universitas Hasanuddin, Jalan Perintis Kemerdekaan Km 10, Tamalanrea, Makassar
2 Laboratorium Formulasi, Fakultas Farmasi, Universitas Hasanuddin, Jalan Perintis Kemerdekaan Km 10, Tamalanrea, Makassar
3 Laboratorium Farmakognosi-Fitokimia, FakultasFarmasi, Universitas Hasanuddin, Jalan Perintis Kemerdekaan Km 10, Tamalanrea, Makassar

Abstract
Sabun Banyuru (Pterospermium celebicum Miq) dan Lengkuas (Alpinia galanga) merupakan salah-satu sabun herbal yang saat ini telah diformulasi. Sabun ini berfungsi sebagai antiseptik untuk mencegah pertumbuhan mikroorganisme dengan flavanoid sebagai zat aktif yang terkndung didalamnya. Pada penelitian ini akan dilakukan pengembangan dan validasi metode analisis kadar flavanoid total pada sediaan sabun, yang bertujuan untuk mencari metode yang sesuai untuk penetapan kadar flavanoid total dalam sabun yang akan diterapkan pada sabun ekstrak kulit batang Banyuru (Pterospermium celebicum Miq) dan Lengkuas (Alpinia galanga). Parameter valiadasi yang digunakan pada penelitian ini meliputi uji spesifisitas, linearitas, rentang, uji presisi, dan uji akurasi dengan menggunakan baku kerja kuarsetin sebagai pembanding dan sabun placebo sebagai matriksnya. Metode yang telah valid selanjutnya diterapkan pada analisis kadar flavanoid total pada sabun Banyuru dan Lengkuas dengan menggunakan 5 formula dengan perbandingan banyuru dan lengkuas yaitu 1:3 , 1:1 , 3:1 , 1:0 dan 0:1. Hasil penelitian menunjukkan bahwa metode ini spesifik dan memiliki nilai linearitas yang sesuai standar yaitu 0,9996. Pada pengujian akurasi diperoleh nilai perolehan kembali yaitu 90.28-94.91%. Pada uji presisi diperoleh nilai RSD (simpangan baku relatif) sebesar 0,26 pada hari pertama dan 0,93 pada hari kedua. Berdasarkan hasil penelitian tersebut dapat disimpulkan bahwa validasi metode analisis kadar flavanoid total dalam sabun secara spektrofotometri VIS dengan reagen AlCl3 memiliki spesifitas, linearitas, rentang, akurasi, dan presisi yang baik. Metode analisis yang valid selanjutnya diterapkan pada analisis kadar flavanoid total dari 5 formula sabun ekstrak kulit batang Banyuru dan Lengkuas, dan dari hasil tersebut diperoleh kadar flavanoid total sebesar 3,73 x10-3 mg/g, 1,42 x10-3 mg/g, 2,78 x10-3 mg/g, 1,22 x10-3 mg/g, dan 4,76 x10-3 mg/g.

Keywords
Flavanoid total , sabun, validasi, banyuru, lengkuas

Topic
Teknologi Formulasi Sediaan Bahan Alam

Link: https://ifory.id/abstract/hFcfwr3xA6JY

Corresponding Author
Risma Nur Indah

Institutions
1) Department of Civil Engineering, Universitas Indonesia, Depok 16424, West Java, Indonesia
*ayomi[at]eng.ui.ac.id

Abstract
Energy is the core of important issues such as the economy, environment, and world development. Indonesia as a developing country needs energy access so that the nation can increase people prosperity. Indonesia has successfully surpassed the electrification ratio target by the end of 2018. However, electrifying the remaining 1.7% will be more difficult and costly. This paper provides a better understanding of the challenges of rural electrification program and opportunities to achieve electricity universal access. In this research, we used a literature review method to collect and review relevant studies regarding rural electrification program. Based on the literature review, characteristic of rural areas such as low population density with low income and low electricity demand becomes the main challenge of electrifying rural areas. According to the studies, committed governance, supportive regulation and policy, and well-prepared financing can overcome the barriers

Keywords
Energy, electricity, rural areas, Indonesia, challenges, opportunities.

Topic
Civil Engineering

Link: https://ifory.id/abstract/zZeq7npwy2rE

Corresponding Author
Wustari Mangundjaya

Institutions
Faculty of Psychology
Universitas Indonesia

Abstract
Change is evitable, every organization has to change to face the VUCA era. However, research showed that many planned change program were failed. Many variables play significant contribution to the success of change program and one of it is the change leader. What are the characteristics and roles of change leaders, in order to make the program successful? This study conducted at various places in Indonesia (Java, Bali, Sulawesi, Sumatera, NTB, NTT) consisted of 170 participants, from various background and professions, with the certain criteria such as permanent staffs, understanding about the organizational change and the local culture. Focus group discussion was the method of data collection. Analyses was conducted using Content Analysis and Descriptive Analyses. This is a grounded research to develop the model of Change Leader of Indonesia. The study showed that there were three roles that were mentioned to be mastered by the Change Leader namely: a) Change Pioneer, b) Change Enabler, and c) Coach, meanwhile Change Enabler is the most important roles compared to the other roles, and the role of Evaluator is the least mentioned by them. This study is significant for both the researcher and practician in understanding of change leader in order to make organizational change successful.

Keywords
Change Leader, Organizational Change, Culture, Indonesia

Topic
Management

Link: https://ifory.id/abstract/7dKRwbCNnaTq