Indonesia Conference Directory

Corresponding Author
Faisal Arsya Rakhmada

Institutions
Universitas Indonesia

Abstract
The number of users of the internet in Indonesia has grown at the unbelievable rate. There is no exception with the growth rate of the online travel agent in Indonesia. When making online transaction, including online travel agent transaction, consumers are faced with uncertain situations. The uncertain situations could grow increasingly critical when consumers have to share their personal sensitive information in the transaction process. In this context, building and maintaining trust becomes very important to online marketers as various studies have shown that the lack of trust is one of main reasons for consumers- hesitancy to online shopping. The evidence has shown that trust could reduce the perceived risks and by that could also determines success or failure of e-vendors. The research objective is to analyze the antecedents of behavioral intentions on online travel agent company. Also to see whether the trust formation between generation X and generation Y has difference. The research is online surveys based conducted with convenience samples from two different generation. The results have shown a robust relationship between initial trust towards online travel agent and consumers- behavioral intentions. The results also suggest that there is no differences between two generations regarding the formation of initial trust and behavioral reactions.

Keywords
Online Travel Agent, Behavioral Intentions, Trust Propensity, Initial Trust, Familiarity with E-travel Shopping, Propensity to Web Risk

Topic
Economics

Link: https://ifory.id/abstract/ghJwZdz97EnL

Corresponding Author
Mohd Halim Mahphoth

Institutions
a) Universiti Teknologi MARA
Faculty of Business and Management, 110 Off Jalan Hang Tuah, 75300 Melaka, Malaysia
*mohdhalim282[at]gmail.com

b) Universiti Teknologi Malaysia
Azman Hashim International Business School, Block T08,
Universiti Teknologi Malaysia Skudai, 81310 Johor Bahru,
Johor, Malaysia

Abstract
Due to the varied nature of museums, measuring experiences of young visitors particularly on generic learning outcomes are challenging. Thus, in order to ensure the data of experiences of visitors in museum is normal, this study aimed to evaluate possible violation of the normality assumptions in the data sets. A combination of graphical inspection, assessment using skewness and kurtosis, and formal normality tests were used to assess whether assumption of normality is acceptable or not. Data sets obtained from questionnaire surveys were used to demonstrate the changes from non-normally distributed data sets to relatively normally distributed data sets by removing abnormal data. It is concluded that all the data seem to satisfy the assumption of normality, therefore, the data sets can be used for further statistical tests.

Keywords
Normality Test; Visitor Experience; Museum

Topic
Management

Link: https://ifory.id/abstract/DMTFypQJ9CWN

Corresponding Author
Muthia Ramadhani

Institutions
a,b) School of Business and Management, Institut Teknologi Bandung
Jl. Ganesha no. 10, Bandung 40132, Indonesia
*muthia.ramadhani[at]sbm-itb.ac.id

Abstract
As the garment industry increases, subcontractors are needed to help companies fulfill the demand that cannot be met. To manage subcontractors to keep the quality of the products, subcontractor selection should be conducted to ensure subcontractors that are selected to cooperate are able to meet the company-s requirement. One of the methods that can be used to conduct subcontractor selection is Analytical Hierarchy Process (AHP) method, which is s decision-making method that is used when there are various criteria that have to be considered. This research is an application of subcontractor selection that is conducted in Ritz Garment, which is a garment manufacturer, using AHP method. This research aims to determine the level of importance of the criteria and sub-criteria that are used for subcontractor selection for Ritz Garment, assess the performance of current and alternative subcontractors, and provide recommendation for Ritz Garment based on the subcontractor selection. To determine the importance of the criteria and sub-criteria and also to score alternatives towards each of the sub-criteria, decision makers are interviewed to get their expert judgement. From the result of this research that is conducted using AHP method with the Expert Choice software, level of importance for each criterion and alternatives are obtained. The order of importance of criteria is Quality (0.296), Cost (0.290), Reliability (0.273), Delivery (0.080), and Flexibility (0.061). The sequence for sub-criteria Global Weight is Defect Rate (0.156), Trustworthy (0.154), Internal Cost (0.153), Conformance Quality (0.140), Product Price (0.137), Product Reliability (0.119), Customization (0.051), Compliance with Quantity (0.045), Compliance with Schedule (0.035), and Product Volume Changes (0.010). For the alternatives, the order of importance is Alternative Subcontractor 1 (7.667), Alternative Subcontractor 2 (0.7.314), Alternative Subcontractor 3 (7.099) and Current Subcontractor (6.266). From the result, it is concluded that Alternative Subcontractor 1 is the best subcontractor to replace Current Subcontractor.

Keywords
garment industry, subcontractor selection, analytical hierarchy process, criteria, sub-criteria, best subcontractor, case study

Topic
Management

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

Corresponding Author
RUDY IRAWAN

Institutions
University of Indonesia

Abstract
This research discusses about multiperiod mean-variance application for optimal asset allocation in pension fund institutions by considering the effect of mortality factors and changes in contributions. The selection of assets that will be used to find the optimal portfolio is carried out using Treasury Bill as risk-free assets and stock in the LQ45 index as risk assets that have the best performance during the period 2014 - 2018. The main objective of the use of multiperiod mean-variance is obtain minimum variance with optimal returns at the end of the period. The results of this reasearch indicate that the smallest return is owned by the asset allocation model without this contribution because without additional membership contribution, the amount of funds that can be invested is limited so the expected wealth terminal is smaller than other asset allocation models. Then the asset allocation without the mortality factor gives higher expected terminal wealth compared to other asset allocation models this is because in the absence of mortality the pension fund investment will not be forced to stop before the retirement period ends so that the portfolio return obtained is higher in proportion to other asset allocation models. While the asset allocation model using risk-free asset references, has a higher risk with the same return when compared with asset allocation using reference to risk assets, this indicates that the asset reference used affects the return and risk on the allocation of assets of the Pension Fund at the end of the period investation.

Keywords
pension funds, asset allocation, portfolio, mean variance, multiperiod, mortality

Topic
Economics

Link: https://ifory.id/abstract/8DduxyH2N7TY

Corresponding Author
Badingatus Solikhah

Institutions
Universitas Negeri Semarang

Abstract
Increased economic growth is positively associated with environmental pollution. The concept of environmental accounting has driven the companys ability to minimize environmental problems. The purpose of this study was to examine the effect of financial performance and media coverage on the quality of environmental disclosures. The population in this study is a company engaged in mining, energy, chemistry, pharmaceuticals, cosmetics, food and beverages that are listed on the Stock Exchange in 2012-2016. Samples were chosen by a purposive method so that 35 companies were selected so that 135 units of analysis were obtained. The data analysis method used is Structural Equation Modeling (SEM) with a SmartPLS 3.0 analysis tool. The results showed that media coverage had a significant positive effect on the quality of environmental disclosures. While financial performance is not associated with the quality of environmental disclosures. The practical implications of this study, the results are expected to contribute to the government and stock exchange authorities in order to take immediate action in making policies related to environmental management for listed companies and their reporting to stakeholders.

Keywords
Financial Performance; Media Coverage; Environment Disclosure

Topic
Sustainable development

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

Corresponding Author
Aflit Nuryulia Praswati

Institutions
Universitas Muhammadiyah Surakarta

Abstract
The ancestral cultural heritage is a unique wealth of an area and must be preserved so that it can provide economic benefits to the surrounding community. This preservation can be done by actively holding cultural festivals. Organizing a cultural festival involves quite a lot of stakeholders, such as the government, the private sector, and also the community. This study aims to determine the role and impact received by stakeholders with the implementation of cultural festivals in Surakarta City. The qualitative research method used in study 1 is to find out the impact of organizing cultural festivals and quantitative methods in study 2 used to analyze the behavior of visitors to cultural festivals. Study 1 gets interesting results where each stakeholder has an important role to play in achieving the success of a cultural festival. Study 2 in this study found that motivation, perceived value and experience as antecedents of revisit intention.

Keywords
motivation, perceived value, experience, revisit intention

Topic
Management

Link: https://ifory.id/abstract/NB69uqEaYhbM

Corresponding Author
Adi Firman Ramadhan

Institutions
Universitas Diponegoro

Abstract
Interaction between various internal and external corporate governance mechanism in reducing earning management must be analyzed deeply. Based on this case, this study aims to analyze the effect of the effective audit committee and the interaction between the audit committee with the qualified external auditor in reducing earning management. Audit committee is measured by forming a score from the number of members formed an audit committee and the number of audit committee-s meetings in one year, while audit quality from external auditor is measured based on the auditor-s industry specialization, auditor-s reputation and audit tenure. The sample of this study was obtained through purposive sampling method so that 93 samples of non-financial company in Indonesia was obtained. A linear-multiple regression analysis was used to test the hypothesis of this study. The result of this study indicate that the audit committee has a negative effect on earning management, the interaction between the audit committee and industry specialist auditor has no effect on earning management, the interaction between the audit committee and Big Four auditor has a negative effect on earning management and the interaction between the audit committee and auditor tenure has no effect on earning management.

Keywords
audit committee, audit quality, earning management, purposive sampling

Topic
Accounting

Link: https://ifory.id/abstract/cpbekXY8JNvw

Corresponding Author
Elda Fitri

Institutions
a,b,c) School of Business and Management, Institut Teknologi Bandung
Jalan Ganesha 10, Bandung 40132, Indonesia
*eldafitri.99[at]gmail.com

Abstract
Airline industry is one of the promising industry for investors, it considered a big deal as it predicted to grow rapidly during for the next 20 years. Asia Pacific forecasted as the main player for airline in 2034, which will surpass Europe and North America. SKYTRAX Global Airlines Awards 2018 are announced Garuda Indonesia as one of the top ten best airlines in the world and the Best Cabin Crew in the world. The awards are followed by the other airlines in Asia. Nevertheless airline industry also known for its volatility business, due to the big amount of operating cost, such as unstable fuel price and the high cost of labor. Those issues affect Indonesia-s best airlines, Garuda Indonesia, experienced loss for the past 5 consecutive years. The purpose of this research is to predict the bankruptcy possibilities of PT. Garuda Indonesia compared to five listed airlines company in Asia, which included as the best airlines in the world. This research will also analyze the relationship of Altman Z”-Score between PT. Garuda Indonesia to other companies by using Coefficient Correlation method. This research will be conducted by using Revised Altman Z” Score for non-manufacturers company which will predict the bankruptcy event for the next two or three years. The sample of this research are Garuda Indonesia (GIAA), Singapore Airlines (SING), THAI Airways (THAI), All Nippon Airways (ANA), and EVA Air (EVA) during the period of 2014-2018. Altman Z”-Score indicates that GIAA, THAI, and EVA predicted to bankrupt, while SING and ANA are predicted to be in the grey zone for the next 2 – 3 years.

Keywords
Airline Industry, Bankruptcy, Asia, Garuda Indonesia, Altman Z-Score

Topic
Management

Link: https://ifory.id/abstract/LbWX2gETrwuy

Corresponding Author
Leonardus Wahyu Wasono Mihardjo

Institutions
Bina Nusantara University

Abstract
Discussion of the essential the role of an customer experience (CX) in driving the organisation agility (OA) and business model innovation (BMI) to support performance in digital transformational stage has not been reveal and empirically tested. The capability in relation with BMI and OA allows the firms to make timely, effective, and properly sustained changes, in fast and complex market to stay ahead compare with competitor. We argue that the relevant model to support digital transformation In ICT industry shall be based on customer experience driven, since CX emerges become a critical factors in term of behaviour, cognition and emotion of customer in engagement with customers. Hence, this paper emphasis on a new model of transformation based BMI and OA focus on CX. The proposed model was assessed by 35 Indonesia ICT firm with SEM-PLS statistical tools. The findings demonstrated that the firm that compelling of value proposition from CX in developing the new BMI and OA could boost the transformational performance. Furthermore the study can be enhanced through expanding model, sample and time study for further research.

Keywords
customer experience, Business model innovation, Organisation Agility, Transformational Performance

Topic
Management

Link: https://ifory.id/abstract/RvtW7zPCc6He

Corresponding Author
Refi Salma Irelli

Institutions
ab) School of Business and Management, Bandung Institute of Technology, Jl. Ganesha No. 10, Bandung, 40132, Indonesia

Abstract
Generation Y individuals start use social media as their main tools to obtain information about product and brand. One of the most active social media in Indonesia is Instagram. Broadcasting Brand-Generated Content (BGC) can be the most common marketing strategy that small enterprise will use on Instagram. The consumer perception of Brand-Generated Content (BGC) and consumer perception of Consumer-Generated Advertising (CGA) on Instagram can influence consumers- purchase intention towards fashion brand. However, study shows that online consumers more likely rely on information generated by other consumers than generated directly by marketers to assist their purchase decision because they perceive consumers will provide a more honest information than advertiser. Finding confirmed that consumer perception of BGC and CGA has positive influence on purchase intention on Instagram. Consumer needed BGC because it consists of important factors that could influence them to have intention to buy: expertise, relevance, reduce risk, positive valence, informativeness, and credibility. Furthermore, consumer also needed CGA to support they information of product because CGA has homophily and originality factor.

Keywords
Consumer Perception, Brand-Generated Content, Consumer-Generated Advertising, Purchase Intention, Fashion Brand, Social Media

Topic
Management

Link: https://ifory.id/abstract/EJWhzgf8y4UD

Corresponding Author
Andi Sri Wahyuni

Institutions
a) Politeknik Negeri Ujung Pandang, Makassar, South Sulawesi, Indonesia
*andisriwahyunihandayani[at]gmail.com
b) Diponegoro University, Semarang, Central Java, Indonesia

Abstract
Accounting education has been directed to a single goal. Indeed, accounting students have been educated [trained?] to become office workers. On the other hand, the social problems of our community are in distant places, out of classes. Therefore, Transformative Learnings are required to build critical awareness of accounting students. This paper aims to describe the process of Transformative Learning which was experienced by accounting students. This critical analysis research mostly used textual data, several daily journals, and some documents as secondary data. When Transformative Learning has been carried out, accounting students not only changed their paradigm but also solved social problems in their community.

Keywords
accounting students, Transformative Learning, critical awareness.

Topic
Economics Education (Accounting, Cooperative and Office Administration Education)

Link: https://ifory.id/abstract/vjR7NazPQbqT

Corresponding Author
Fadhilah Amalina

Institutions
a,b) School of Business and Management, Bandung Institute of Technology
Jalan Ganesha 10, Bandung 40132, Indonesia
*fadhillah.amalina[at]sbm-itb.ac.id

Abstract
This research is conducted in Locarvest. Established in 2015, Locarvest is an online platform company that selling agricultural products based in Bandung. They see the importance of agricultural product for human and people who like to shop online as an opportunity for them to sell local agricultural products online. Currently, they have been developing a website to change their selling platform which will be launching soon in the late of July 2019. They assume that the website can create a simpler selling process. However, they do not have their written business process where many companies have become increasingly interested in business processes due to the need for effective and efficient activities (Dave, 2017). In here, the objectives of this research are to analyze and model the current business process of Locarvest and propose a new business process to solve Locarvest-s current problem using the concept of Business Process Management (BPM) and the design is modeled using Business Process Modelling Notation (BPMN). To model the current business process, interview with the employees of Locarvest and observation in the office were conducted. The result of this paper is proposing some improvements within the business process by eliminating some activities and create some new activities for Locarvest. The design also has been approved by the employees of Locarvest.

Keywords
Business process, Business Process Management, Business Process Modelling Notation, case study, agriculture

Topic
Management

Link: https://ifory.id/abstract/J4W7djqwvnme

Corresponding Author
Taufik Amirullah

Institutions
(1)Magister Manajemen Universitas Indonesia

Abstract
Omnichannel marketing is a marketing method that integrates marketing channels to target specific target markets. This research is a case study of the use of omnichannel marketing for B2B activities at PT Arwana Citramulia Tbk, the largest company of many companies in the ceramics industry in Indonesia. PT Arwana Citramulia Tbk targets the middle to lower market segments throughout Indonesia. To be able to dissect how PT Arwana Citramulia Tbk manages its channel, this research will use qualitative methods by conducting unstructured interviews with various stakeholders in PT Arwana Citramulia Tbk. In addition, technology acceptance models are also used to measure revenue from the distribution chain line of PT Arwana Citramulia Tbk, which conducts B2B marketing activities towards the use of online channels to support the use of omnichannel marketing. The technology acceptance model will be used to analyze quantitatively, which is also equipped with results of unstructured interviews regarding the implementation and management of omnichannel marketing by PT Arwana Citramulia Tbk. This research shows that the integration between channels used by PT Arwana Citramulia Tbk is inseparable from the existence of vision, mission, strategy and adequate resources at the top management level to the frontliners.

Keywords
omnichannel marketing, technology acceptance model, marketing channel, B2B marketing

Topic
Management

Link: https://ifory.id/abstract/YrW4fumDUpx6

Corresponding Author
Agung Kuswantoro

Institutions
Universitas Negeri Semarang (UNNES)

Abstract
The purpose of this study is (1) to find out the commercial letters used in Handayani Mart (2) to find out which commercial letters are not used in Handayani Mart. In this study is using descriptive qualitative approach. Commercial letters used by Handayani Mart are sales-purchase agreement letters and employment contract. For other types of commercial letters such as letters of request for offers, offers, orders, announcements, and certificates made by digital / electronic means. Suggestion in this study are for managers of Handayani Mart should make a central or centralized letter application so that the letter are same in their management, both letters for internal and external requirements.

Keywords
commercial letter and district era

Topic
Economics Education (Accounting, Cooperative and Office Administration Education)

Link: https://ifory.id/abstract/3qwM9fZAp8Cx

Corresponding Author
Emmanuela Kanya Majesta

Institutions
Faculty of Economics and Business, University of Indonesia
Jl. Salemba Raya No.4, Central Jakarta 10430

Abstract
Businesses in today-s world are starting to use social media to convey marketing messages. There is an ongoing trend among businesses to use casual language and post light, humorous content in social media, in order to reach and connect with their consumers better. This research would examine the influence of different types of a brand-s social media content towards awareness. The objects of this research are social media profiles of two different brands. A total of 420 respondents are split into two equal groups. The first group is given a profile that applies a more informal content and the second group is given a more formal content. Data is processed using Structural Equation Modeling method. Results show that there is an important variable that precedes awareness, which is brand credibility. Besides, a significant effect towards awareness is shown in the group that receives formal social media content, but less on the group with informal content. The results of this study shows that shaping brand awareness through social media should be done through shaping the consumers- perception that the brand is credible and trustworthy.

Keywords
Social Media Marketing; Digital Marketing; Consumer Based Brand Equity; Marketing Communication

Topic
Management

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

Corresponding Author
SRI HANDAYANI

Institutions
Universitas Negeri Malang
Faculty of Economics
Department of Economic Education

Abstract
The competencies needed by teachers in the era of disruption according to the Ministry of Education and Culture of the Republic of Indonesia include teachers, goalkeepers, facilitators, catalysts, and connectors. This research was conducted in 10 Public High Schools in Malang City. The focus of research is to find out how the level of competency of economic teachers in the era of industrial revolution 4.0. This research is a preliminary research, through preliminary studies and field surveys. From the survey results, it is known that the competence of economic teachers is still focused on teaching, gatekeepers, and some facilitators. Then the training model to improve teacher competence in the industrial revolution 4.0 era will be very helpful. In the next study, the development of teacher competency training era in the Republic of Indonesia 4.0 will be carried out with the aim of increasing teacher competence, which in the long run will improve the quality of students.

Keywords
teacher competence, industrial revolution 4.0

Topic
Economics Education (Accounting, Cooperative and Office Administration Education)

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

Corresponding Author
Fitri Purnamasari

Institutions
a) Faculty of Economics, Universitas Negeri Malang
Jalan Semarang No.5, Malang 65145, Indonesia
*sheila.febriani.fe[at]um.ac.id

b, c, d, e) Faculty of Economics, Universitas Negeri Malang
Jalan Semarang No.5, Malang 65145, Indonesia

Abstract
University is primarily being a wide place or facility to produce capable, intelligent and professional workforce. Students are equipped with various kinds of knowledge theoretically as well as trained through the internship process. However, the findings on graduates who don-t reflect some aspects of professionalism, less competent in each of their fields or even their soft skills should be classified as urgent issues at any rate. Driven by these contrary sides, we highlighted that the less maintained students- internship period might be a variable for the problems. We started by collecting previous studies on the dissatisfactions from employers about trainees/interns from universities, analyzed the solutions, and triangulated the solutions we proposed by exploring internship masterplan at a university in Indonesia. From all of these steps, we found that appropriate, intensive mentoring ways in the students- internship period are the main points to create the skills that meet any employers- demands. We believe that the results of this study will be very useful for those who need answers to the best ways to improve the quality and capabilities of higher education graduates.

Keywords
Education system, Human resource, Internship, Labor, University graduates

Topic
Economics Education (Accounting, Cooperative and Office Administration Education)

Link: https://ifory.id/abstract/Cdb4GvtLDaY7

Corresponding Author
Ega Andhika

Institutions
a. Faculty of Economic Universitas Negeri Semarang
b. Faculty of Economic Universitas Negeri Semarang

Abstract
This study aims to examine the effect of corporate governance mechanisms that are proxied by the size of the independent commissioners, the audit committees educational background, the proportion of institutional ownership, audit quality, and company size factors towards acceptance of qualified audit opinion. The population in this study is the infrastructure, utilities and transportation sectors listed in the Indonesia Stock Exchange in 2013-2017. Based on the purposive sampling method, it obtained 120 analytical units from the sample data. The analysis used in this study is logistic regression analysis. The results of this study found that if the size of the company which calculated based on total assets had a negative influence on the acceptance of qualified audit opinion. On the other hand, the element of Good Corporate Governance in the form of independent commissioners, audit committee, institutional ownership, and audit quality has no effect on the acceptance of qualified audit opinion. The conclusion of this study is the presence of the companys internal support body are not able to influence the companys accounting for the better.

Keywords
Qualified opinion; Good corporate governance; Firm size

Topic
Accounting

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

Corresponding Author
krismiaji krismiaji

Institutions
a) Akademi Akuntansi YKPN Yogyakarta
b) Universitas Teknologi Yogyakarta

Abstract
This paper discusses the results of empirical research that investigates the effect of corporate governance (CG) and the level of compliance with mandatory disclosure of International Financial Reporting Standards (IFRS) on the quality of accounting information. The research covers two years after full implementation of IFRS, namely in 2013 and 2014. The quality of information is proxy by using value relevance of accounting information which is measured by the Ohlson Price Model, the level of compliance of IFRS disclosures is measured using the disclosure index (DIND) and CG is proxy by five CG variables namely board independence (BIND), board size (BSIZE), independence of the audit committee (ACIND), size of the audit committee (ACSIZE), and management ownership (MAN). This study found that DIND and BSIZE had a positive effect on the value relevance of accounting information both EPS and BVS, while BIND, ACIND, and MAN negatively affects the value relevance of EPS but had a positive effect on the value relevance of BVS. ACSIZE has a positive effect on the value relevance of EPS but has a negative effect on the value relevance of BVS. These results further justify the inconsistency of the results of previous studies that link between IFRS adoption and the quality of accounting information by including compliance level variables to test the quality (relevant value) of accounting information.

Keywords
value relevance, corporate governance, level of compliance

Topic
Accounting

Link: https://ifory.id/abstract/arXQg6ywEDRn

Corresponding Author
Christine Juliana Hakim

Institutions
a) Departement Management, Faculty of Economic and Business, Universitas Indonesia
christine.juliana.hakim[at]gmail.com
b) Departement Management, Faculty of Economic and Business, Universitas Indonesia
rofikoh.rokhim[at]ui.ac.id

Abstract
Credit growth can be likened to a double-edged sword that is able to illustrate the contradictions of the resulting impact. Sometimes credit growth tends to credit booms and lead to major events such as the debt crisis in the 1980s, the exchange rate crisis in 1992, Sudden Stops in the 1990s and the global financial crisis in 2008. The events made its own dilemma if there was a policy of reducing credit is given to prevent credit booms for developing countries, while that country still need funding to support economic growth. The aims study is to analyze siginificance of impact of the credit growth that occurred in ASEAN during 2013-2017 towards banking health and financial fragility. This study uses empirical tests using a data analysis methodology, namely panel data and fixed effect regression analysis methods. The analysis appears to show that credit growth in ASEAN has no significant effect on banking health, while has significant effect towards financial fragility.

Keywords
Credit growth, bank soundness, financial fragility, ASEAN

Topic
Economics

Link: https://ifory.id/abstract/CLDtWXR69p4H

Corresponding Author
Firmansyah Firmansyah

Institutions
a) Departement of Economics, Diponegoro University, Jl Prof Sudharto SH, Tembalang, Semarang, Indonesia
*firmansyah[at]live.undip.ac.id
b) Faculty of Economics, Universitas Negeri Semarang, Kampus Sekaran, Gunungpati, Semarang, Indonesia

Abstract
Tourism is one of the most dynamic economic sectors, which brings benefits to tourist destinations, which include employment, foreign exchange earnings, and generally drive the economy. This study analyzes the demand for labor in the tourism sectors in Indonesia. By considering the determinants of tourism labor demand, namely the price of wage labor, the price of tourism products, the price of other inputs both substitution and complement, and government policy. This study found that labor demand in tourism sectors was negatively affected and inelastic by labor wages, output prices, and government policies that significantly affected labor demand, while other input prices were not significant for labor demand.

Keywords
Labor demand, Tourism, labor wage, corresponding input of labor

Topic
Economics

Link: https://ifory.id/abstract/vV87gFfJkBT6

Corresponding Author
Sri Hermawati

Institutions
Facuty of Economics Gunadarma University Gunadarma University
Computer Science Fculty, Gunadarma University
Jln. Margonda Raya 100 Pondok Cina , Dep

Abstract
In Launcing Visit of Central Java in 2013 Banyumas area did not include as a tourist destination . Its rises a question because according BPS data up to the year 2017 the Hotel-s occupancy in Banyumas was third ranked after Semarang and Solo city . The occupancy rate of the hotel shows the development of the tourism sector in addition to the number of tourists and tourist spending ( Tse , 2001) . This study aims to find proposals for efforts to promote tourism in Banyumas. Promoting tourism can be done by establishing a brand. There is two kinds of places branding, such as , city branding and destination branding . Banyumas tourism which are still based on natural attractions of Baturaden area. Baturaden has several types and attaractive places to make a tour. Banyumas brand destination can be build by marketing communication. Destination brand based on uniqueness attribute of tourism or local arts . It can be performed as logo, grafis or slogan.

Keywords
place branding, destination branding, natural attractions, tourism

Topic
Others

Link: https://ifory.id/abstract/t9BbJ2UjuPem

Corresponding Author
Andrian Budi Prasetyo

Institutions
Department of Accounting, Faculty of Economics, Universitas Diponegoro

Abstract
The purpose of this research is to examine the effect of financial ratio to detect fraud in financial reporting in the company. The financial ratio used are leverage, profitability, asset composition, liquidity, and capital turnover ratio. This research was conducted with quantitative methods using secondary data. The secondary data from a list of cases subject to sanctions by the Financial Services Authority (OJK) for the warning category VIII.G.7 regarding the presentation of financial statements in 2008-2015 and the annual reports of companies listed on the IDX. The population of this research is the companies listed on the Stock Exchange, then the samples are taken based on purposive sampling with the criteria of non-financial companies and have the data needed in this research. Fraud companies are then paired with non-Fraud companies with similarities in industry and the size of the companys assets. This research uses logistic regression statistics because the dependent variable is a dummy (non metric) variable, while the independent variable is a metric and non-metric variable. The results of this research are leverage ratios have a positive effect on financial reporting fraud and the capital turnover ratio negatively affects financial reporting fraud . Meanwhile, profitability ratios, asset composition ratios and liquidity ratios have no effect on fraudulent financial reporting.

Keywords
fraud, financial ratio, financial reporting

Topic
Accounting

Link: https://ifory.id/abstract/XzPKRuV3WbTj

Corresponding Author
Anisa Fitri

Institutions
a) Accounting Major, Faculty of Economics, Universitas Negeri Semarang, E-mail: anisaempitt7[at]gmail.com/+6283838081772
b) Accounting Major, Faculty of Economics, Universitas Negeri Semarang

Abstract
The aims of this research is to analyze the effect of firm size, debt ratio, syirkah fund ratio, funding growth and independent board of commissioners on the influence of Islamic Social Reporting disclosure in Islamic Banking. Population in this research is Islamic Banks in Indonesia during 2012-2017. Samples are selected using purposive sampling method and obtain 54 units of analysis. Data is analysed using decriptve statistical analysis and panel regressing in EViews 9. Results of this study indicate that firm size and syirkah fund ratio have a positively and significant effect. Meanwhile, funding growth has negatively and significant effect, while debt ratio and independent board of commissioner do not have significant effect on the influence of ISR disclosure. Suggestion in this research for Islamic Banks can increase Islamic Social Reporting disclosure, especially on finance and investment theme. In addition, for the government should make specific standard of Islamic Social Reporting disclosure.

Keywords
Keywords: Islamic Social Reporting (ISR), Firm Size, Debt Ratio, Syirkah Fund Ratio, Funding Growth, Independent Board of Commissioners.

Topic
Accounting

Link: https://ifory.id/abstract/TA7LnKb9M382

Corresponding Author
Lendi ageng Kurnia

Institutions
Economics and bussines faculty , Diponegoro University

Abstract
The priority of the Nawacita Program in the agricultural sector is to increase superior production, especially rice. In achieving these objectives, it is necessary to ensure the availability of national rice. The availability of national rice is fulfilled from 3 aspects, namely local rice production, government rice reserves and rice imports. Most of the previous research, the availability of rice only accounted for local rice production and rice imports. In this study, the governments rice reserves are counted as one of the main indicators. Because local rice production used to meet peoples needs is always reduced in volume to meet the governments rice reserves. In achieving rice self-sufficiency, this study also observed how the ability of local rice production to be the only one to supply the availability of national rice, without bringing in from outside parties. Research using the LS method with the Minitab 15.1 program shows the results that partially the availability of national rice is positively influenced by indicators, namely local rice production and rice imports while the governments rice reserves negatively influence. Forecasting the ability of self-sufficiency in rice by relying on local production in supplying the availability of national rice in the future, shows a positive trend meaning the value of the trend of forecasting increases with increasing time. The factors that influence the achievement of rice self-sufficiency are partially determined by rice supply, rice productivity, the gap in rice prices to grain prices, and the use of balanced fertilizers. But it is not influenced by the level of rice consumption in the community. With the results of this study, the availability of national rice is still very dependent on local and foreign rice products. However, to achieve rice self-sufficiency in the future, where all needs are met from local products is not impossible, so that dependence on imported rice can be reduced.

Keywords
availability of rice, self-sufficiency in rice, production

Topic
Economics

Link: https://ifory.id/abstract/kUCXuqpxD2Fe

Corresponding Author
Bestra Tomassa

Institutions
Bandung Institute of Technology

Abstract
Food and beverage industry has been highly developing throughout time varying the industry into smaller sub-industries and more varieties of product available for the market to choose. Since it is one of the lowest barrier to penetrate out of all industries, the industrial competitiveness is very high due to its demand and supply. Bola Ubi is a traditional food coming from West Java. Bola Ubi has a unique sweet yet savory taste with its crunchy yet chewy texture. As traditional food, Bola Ubi is relatively popular. As time goes by, there are brands coming up to sell this kind of product. One of these companies is Yama. Yama launched their first store in February 2018 in Taman Sari Food Festival. As time goes by Yama reveals a down trend in its sales. Referring to create, delivery, and capture metrics, Yama has an equal, if not better in creating the value and capturing it to the customer. The only difference that Yama have is the delivery metrics. Although in hindsight the solution is to just change the location of Yama-s store, it would not create a substantive competitive advantage in long run. Based on the data analysis, the study found that the way forward is to position ourselves firmly into one existing specific market to capitalize the lack of focus of our competitor.

Keywords
Marketing Strategy; Segmentation, Targeting, Positioning; Clustering; Food and Beverage

Topic
Management

Link: https://ifory.id/abstract/nxpaKR9EWJtG

Corresponding Author
Fabian Danandjaya Puspadewa

Institutions
Universitas Indonesia

Abstract
The increasing number of MSMEs (Micro, Small and Medium Enterprises) in Indonesia has had a positive contribution to Indonesias economy, but many MSMEs unable to manage their business well. PT Selula Dwiphaloka Technologi is an MSME that sells a custom-design machine for B2B customer and in the preliminary analysis found that MSME couldn-t manage their marketing activities well. The data were collected using business coaching methods, a qualitative research that used to mapping MSME-s condition and problem, then take a corrective action to implement solutions for improvement. The result shows that the MSME need to develop SOP of personal selling, improve the company profile proposal, and improve the websites to support marketing activities. Surveys were also conducted to support evidence of the improvement result. This study aims to help PT Selula Dwiphaloka Teknologi manage their marketing activities by creating SOP of personal selling, designing new company profile proposal and website.

Keywords
marketing, MSME, personal selling, B2B, promotional tools

Topic
Management

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

Corresponding Author
jamal radifan

Institutions
Magister Of Management, Faculty of Economy and Business, Universitas Indonesia

Abstract
Currently, the type of industry that still growing is the wedding industry. The increasing number of marriages in Indonesia contributes to the need for wedding services. MSME X owners seek the opportunities needed to provide services and various options for the needs of marriage. MSME X is currently held in Jakarta and Bekasi. This study discusses the business coaching process report MSME X personal selling and improving promotional materials in the form of brochures to attract consumers. The preliminary analysis shows that marketing employees use brochures as sales aids, related to the level of sales competency among marketing employees, personal selling activities are not optimal, thus affecting the companys sales targets. Primary data collected through in depth interviews and observations, while secondary data is obtained from owners, the internet, and management books. The collected data will be analyzed using qualitative and quantitative methods. This study discusses the improvement of promotional materials and the preparation of personal selling standards as a marketing promotion tool for the sale of wedding services from the standards that have been prepared through the implementation of business coaching programs. The results of this study can help MSMEs overcome the difficulties of employees in conducting personal selling activities.

Keywords
MSME; Personal Selling; Promotional Material; Wedding Industry

Topic
Management

Link: https://ifory.id/abstract/tNW6Ydhq9zgE

Corresponding Author
Heru Sriyono

Institutions
a*,b) Faculty of Education and Social Science, Universitas Indraprasta PGRI (Kampus B)
Jl. Raya Tengah, Gedong - Pasar Rebo, East Jakarta- Indonesia
Email : riandika.lucky29[at]gmail.com

Abstract
Learning achievement is basically influenced by internal and external factors. Learning achievements can be measured qualitatively and quantitatively. Learning achievement is one of the references in the evaluation of learning conducted regularly. This study aims to identify the relationship between learning motivation towards economic learning achievement of high school students in Bogor Regency, West Java. This correlation study produces data; 1) there is a positive and significant relationship between learning motivation and economic learning achievement of high school students in Bogor Regency, 2) learning motivation of high school students throughout Bogor Regency influences economic learning achievement, and 3) the increasing motivation of high school students in Bogor Regency it will also increase the achievement of learning economics as well. In conclusion, this study proves that dominantly learning motivation influences economic learning achievement of high school students in Bogor Regency with a percentage of 70.8%.

Keywords
learning motivation, economic learning achievement, correlation study

Topic
Economics Education (Accounting, Cooperative and Office Administration Education)

Link: https://ifory.id/abstract/wapzFxN2yPZc

Corresponding Author
Irfan Dwisaputra

Institutions
Faculty of Economics and Business, University of Indonesia, Jakarta 10430, Indonesia, irfan.dwisaputra[at]gmail.com

Abstract
This research examines the relationship between corporate governance mechanisms such as board size, board independence, female directorship, ownership concentration, directors ownership and audit reputation on firm performance and examines the effect of financial leverage in mediating corporate governance and firm performance. This research was conducted on 113 manufacturing companies listed on the Indonesia Stock Exchange during 2013-2017 with a total of 565 observations. Panel data regression using the STATA 15.0 program is done to test the hypothesis. We find that board size has a positive effect on firm performance, while female directorship and ownership concentration have a negative effect on firm performance. Financial leverage partially mediates the effect of board size and ownership concentration on firm performance. This study contributes to corporate governance literature, especially factors that can mediate the relationship between corporate governance and firm performance.

Keywords
corporate governance; good corporate governance; firm performance; financial leverage

Topic
Management

Link: https://ifory.id/abstract/rPhvWeayBm7J