Indonesia Conference Directory

Corresponding Author
Farmansyah Maliki

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia

Abstract
As a system of continuous improvement Just In Time (JIT) concentrates on eliminating the vanity and variability that gives rise to that vanity. Variability is "any deviation from the optimal process that delivers the perfect product on time at all times. Inventory saves variability, the more variability in the system the smaller the vanity that occurs. Although there are several causes for variability, it is often revealed and seen when there is an inventory, because inventory hides the problem. Just In Times philosophy of continuous improvement eliminates variability, eliminating this variability makes it possible to move good and regular raw materials when they are needed without having to be stored in inventory. JIT decreases raw materials during production as long as the ordered supply arrives so that vanity decreases and the value of the product at each stage improves. With the concept of "pull system" that produces one unit and then pulled to the place that needs it when needed. This concept is used in the scope of the production process which will soon be carried out with its suppliers. By pulling raw materials through this system in small lot sizes in accordance with the required amount, the pile of inventory is erased which conceals the problem. With the elimination of supplies, investment in inventory and manufacturing cycles decreases or the time between when raw materials are received and when finished goods leave the production facility.

Keywords
Just In Time, overcomes waste and variability

Topic
Others

Link: https://ifory.id/abstract/8BrhdbqkmTUE

Corresponding Author
Rudiyana Suhiri

Institutions
Magister of Management, Faculty of Economics and Business, Universitas Indonesia – Indonesia
Jakarta, Indonesia

Abstract
Organizational Citizenship Behavior is an ideal behavior that is needed by public organizations to increase the productivity of government insitution. This behavior can increase productivity because it can link the process between formal bureaucracy with administrative procedures and limited human resources. Based on previous research data, it is known that the level of satisfaction of customs and excise service users about human resource factors do not meet predetermined targets, that is the main reason for this research to be conducted, especially to find out the extent of leadership and workplace spirituality is able to influence organizational citizenship behavior. We all known that the success of an organization is depends on the employee behavior, which can be influenced by leadership factors and the workplace spirituality. This study investigates the underlying mechanisms and conditions that explain the relationship between transformational leadership and employee behavior. In addition, this study examines whether employee engagement and affective commitment moderate the influence of transformational leadership and workplace spirituality on citizenship behavior. A total data of 153 employees from one of Indonesian customs and excise office were analyzed using Structural Equation Modeling (SEM). The results showed that transformational leadership and workplace spirituality were very influential on citizenship behavior. Furthermore, employee engagement and affective commitment fully mediate the relationship between transformational leadership and workplace spirituality on organizational citizenship behavior. Most of hypotheses were confirmed, as predicted, the results revealed that the employee engagement and affective commitment play a key role in mediating the impact leadership on OCB. This study provides information for policy makers about what employees do. We found that the transformational leadership and workplace spirituality factors were very important to be enhanced in customs and excise institution.

Keywords
organizational citizenship behavior, transformational leadership, workplace spirituality, employee engagement, organizational commitment, customs and excise

Topic
Human Resources and Organisations

Link: https://ifory.id/abstract/Rndg9pGrU7kt

Corresponding Author
Muhammad Anhar

Institutions
a,b) Department of Management, Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta
Jl. Kayu Jati Raya No.11 A, Rawamangun, Jakarta Timur
Jakarta, Indonesia
muhammad_anhar[at]stei.ac.id

Abstract
Abstract – This study aims to prove the existence of an unusual phenomenon in the short-term investment market of Sharia stocks in Indonesia in 2018. The usual phenomenon that is in accordance with the fundamental analysis of stock investment is "high profitability - high return, low profitability - low return". Does this phenomenon exist? An understanding on the rank of the emiten-s profitability and investment returns of stock investments will be useful in the stocks analysis, especially in the analysis phase when potential investors will determine the stocks that will be the object of investment. Data on emiten-s profitability and investment returns of Sharia stocks are taken and processed from the IDX data. Descriptive analysis is carried out to explain the ranking of profitability and investment return. Inferential analysis (Test of Rank Difference) is carried out to test hypotheses about the difference between profitability and return ranking. Research shows the results that profitability rank and return rank are differ. This shows that the phenomenon of "high profitability - high return, low profitability - low return" does not exist in the short-term investment market of sharia stocks in Indonesia in 2018, or that the unusual phenomenon occurs.

Keywords
Profitability; Index, Return, Rank, Sharia Stock.

Topic
Corporate Finance

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

Corresponding Author
Muhammad Anhar

Institutions
a,b) Department of Management, Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta
Jln. Kayu Jati Raya No.11 A, Rawamangun, Jakarta Timur
muhammad_anhar[at]stei.ac.id

Abstract
Abstract – this study aims to prove the existence of an unusual phenomenon in the short-term investment market of Sharia stocks in Indonesia in 2018. The usual phenomenon that is in accordance with the axiom "Risk and Return Trade-off" is "high risk - high return, low risk - low return", both for total risk, systematic risk, and specific risk. Does this phenomenon exist?. An understanding of the returns and risks rankings of stock investments will be useful in the stocks analysis, especially in the analysis phase when potential investors will determine the stocks that will be the object of investment. Data on investment returns and risk of Sharia stocks are taken and processed from the IDX data. Descriptive analysis is carried out to explain the ranking of profitability, returns and risk of existing investments. Inferential analysis (Rank Difference Test) is carried out to test hypotheses about the difference between return and risk ranking. Research shows the results that rank of return and risks ratings are differ. This shows that the phenomenon of "High risk - high return, low risk - low return" does not exist in the short-term investment market of sharia stocks in Indonesia in 2018, or that the unusual phenomenon occurs.

Keywords
Index; Return, Risk, Ranking, Sharia Stock.

Topic
Corporate Finance

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

Corresponding Author
Muhammad Ramaditya

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta

Abstract
The purpose of this research is to know the Tracer Study of the alumni profile and STEIs contribution to the competence of its graduates in the world of work (case study on the 2012 Batch of alumni). This study uses sampling from the data obtained by distributing questionnaires to 2012 alumni for the past 4 months. The method used in cluster analysis finds an optimal grouping of observations or objects in each cluster that is the same, but different from each other. The STEI Tracer Study research report in 2012 class focuses on research on the target of STEI alumni respondents in the year of 2012. From some of the discussions and data obtained in this study, several conclusions can be drawn regarding the characteristics and profile of the respondent when undergoing lectures, the relationship between universities and work and current job conditions. Based on the characteristics of respondents, the amount of data entered is 303 alumni, with details of 94 men (31%) and 209 women (69%). Overall STEI 2012 alumni as a whole have an average IP score of 3.11. STEI alumni of the 2012 employment status currently are 251 people working, 5 people working and self-employed, 32 people are not working and 12 people are entrepreneurs. Overall, STEI was able to increase its contribution and more evenly related to the provision of competencies for students (not only focus on knowledge in related fields, but also soft skill and hard skill factors).

Keywords
Tracer Study, Alumni Profile, Graduates Competencies, Entrpreneurship

Topic
Human Resources and Organisations

Link: https://ifory.id/abstract/CfPQe9a2LWHM