Event starts on 2019.10.22 for 2 days in Malang
http://irceb.fe.um.ac.id | https://ifory.id/conf-abstract/cRT4CPAQx
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Corresponding Author
Yuli Agustina
Institutions
Universitas Negeri Malang
Abstract
The purpose of this study is to examine the effect of the independent board of commissioners, managerial ownership, capital structure and profitability on company value, both partially and simultaneously. The sample in this study were 25 Consumer Goods Industries that were listed on the Indonesia Stock Exchange in 2013-2016. Purposive sampling method was used with certain criteria. In order to analyze the collected data, descriptive analysis and multiple linear regression analysis were used. The results of this study indicate that partially the independent board of commissioners and capital structure do not affect the value of the company, managerial ownership and profitability affect the value of the company. While simultaneously the independent board of commissioners, managerial ownership, capital structure and profitability affect the company value. This is because managers are successful in managing their business well. So the company can compete with other companies and gain maximum profit for the company. Future studies are expected to be able to use different variables or add to the proxy of Good Corporate Governance such as the audit committee, institutional ownership and so on.
Keywords
Company Value; Independent Commissioners; Managerial Ownership; Capital Structure; Profitability
Topic
Economics, Finance, Banking, and Accounting
Corresponding Author
Birgitta dian saraswati
Institutions
Brawijaya Univeristy, Indonesia
Abstract
This study aims to identify the level of systemic risk of each bank and the financial linkages between banks in Indonesia. In this study, researcher uses 41 banks that have been actively traded on the Indonesia Stock Exchange in the period 2013-2018. The data of stock capitalization of banks are used as prices in a portfolio of banking system. The method used in this study is the CVaR (Conditional Value at Risk) method which was introduced by Adrian and Brunerrmeir in 2008. The equilibrium of the system is assumed reached at optimum portfolio of the system. At this situation each bank contribution to systemic risk is analyzed, as well as its impact onto it when there is a change in capitalization of a certain bank. The result shows the impact of bank onto systemic risk is not always follow its size in contribution the systemic risk. Due to covariance-s among banks are some positive and others are negative, some banks have negative contribution to systemic risk while others- are positive. There are 4 banks that have different behavior. These banks have negative contribution to the systemic risk. These banks are BMRI, PNBN, PNBS and NAGA. The negative impact to systemic risk is dominated by BMRI as much as -0.17%, and by PNBN as much as -0.04%. There are 2 major banks that have contribution to systemic risk ; BBCA (3,01% or Rp 59,1 trillion) and BBRI (0,54% Rp 10,62 trillion). However their impact on systemic risk are different. The parameters of impact on systemic for BBCA and BBRI are 14,99% and 52,94% respectively. Thus the stability of the system is more sensitive to the volatility of Bank Rakyat Indonesia (BBRI) than of Bank Central Asia (BBCA).
Keywords
Systemic Risk, Financial Linkage, Value at Risk, Conditional Value at Risk, covariance banking
Topic
Economics, Finance, Banking, and Accounting
Corresponding Author
LELY LUBNA ALAYDRUS
Institutions
a. Master Candidate, Postgraduate Studies, Universitas Mercu Buana, Jakarta, Indonesia. *55117110188[at]student.mercubuana.ac.id (lubna.al.idrus[at]gmail.com)
b. Associate Professor, Postgraduate Studies, Universitas Mercu Buana, Jakarta, Indonesia.
Abstract
Computer misuse leads to the computer-related injuries. The incidence of computer-related injuries (CRIs) is reported having high incidence among office personnel who works routinely with computer. The purpose of this research is to figure out the incidence of computer-related injuries in an organization with majority of employees using technology such as computer. This research is a survey of 120 office personnel selected with simple random sampling method. The data was collected by distributing a validated self-administered questionnaire. The results showed that the office personnel experienced computer-related injuries such as computer vision syndrome e.g. eye strain, blurred vision, watery eyes, headache and musculoskeletal disorders such as neck, shoulder and waist pain. Ergonomic training is suggested to be conducted at the organization to reduce the incidence of CRIs. .
Keywords
computer vision syndrome; musculoskeletal disorders; computer-related injuries; office personnel
Topic
Management, Enterpreneurship, and Leadership
Corresponding Author
Suryo Hadi Wira Prabowo
Institutions
1Universitas Negeri Malang
2Universiti Putra Malaysia
Abstract
This research is based on the desire to increase the amount of research and the number of publications resulting from the increased ease of finding research groups and accelerating the process of disseminating information in accordance with the field of research. This study was applied to a research group consisting of 50 research lecturers from universities. This research method was conducted by comparing the ease felt by the research lecturer in using the thinkgather.com application. The analysis applied in this study is based on the Technology Acceptance Model (TAM). TAM is a method used to determine the tendency of users to use new technology. The results of the research conducted are lecturers, as users of the thinkgather.com application, who have a high desire in using this application (BI). This was obtained because respondents showed a high Perceived Usefulness (U) of 82,5% and showed a high Perceived Ease of Use (E) of 85%. Based on these results states that the research lecturer, as a user, feels increased ease of collaboration and networking.
Keywords
App-Based Platform, Networking Media, Researcher, Thinkgather.com
Topic
Communication and Society
Corresponding Author
Ratih Rachmasari Sumarko
Institutions
Airlangga University, Surabaya Indonesia
Magister management Program
JL. Airlangga, No. 4-6, Airlangga, Kec. Gubeng, Kota SBY, Jawa Timur 60131
*ratih.rachmasari-2017[at]feb.unair.ac.id
Abstract
Indonesia-s health spending estimated will growth on 14.9% CAGR over the period 2012 – 2018, JKN program which was launched on 2014 drive this growth, industrial external conditions are conducive and provide great opportunities. PT.X is a clinical laboratory with a family ownership, now widely spread into 18 branches all over Indonesia. Family company has a very strategic contribution, 95% of companies in Indonesia are owned by families, with revenue at US $ 5-10 million, total wealth reach 25% of Indonesias GDP. Behind this huge opportunities and family ownership company contribution, there are issues in maintaining its sustainability. Sustainability of family business depends on success of succession, implementation of succession is a failure factor on family business continuity. Since 2017, PT. X experienced joint management stage succession, an evaluation is need to knowing whether the process is going well for achieving business sustainability. Business performance is a valid indicator for measuring business succession effectiveness, external environment and internal organization prespective usually used to define business strategies achieving excellent performance. Because the external conditions have supported, the research will be carried out on the companys internal organization with McKinsey Organization Health Index approach. OHI scores obtained from the survey indicate that PT is a health organization but not excellence. It is recommended that organizational behavior improvement refer to market focus basic model, especially in practice clarity of strategy ,sharing vision and using mentors from outside experts to assist the succession process is needed
Keywords
family business, succession process, Organization Health Index (OHI), clinical laboratory
Topic
Management, Enterpreneurship, and Leadership
Corresponding Author
Febry Wijayanti
Institutions
1) Department of Development Economics, Universitas Negeri Malang – Indonesia
2) Ural Federal University – Russia
Abstract
Innovation and technological development have an essential role in bringing up the concept of a modern economy, namely the industrial revolution 4.0. The industrial revolution 4.0 aims to omnipresent connectivity people, machines, and real-time data, thus forming new business models and raising the necessity of high technology. Such an era increases the demand for highly skilled and highly educated workers. However, the labor market in Indonesia is dominated by a low educated workforce. Therefore, this study identifying the readiness of the Indonesia labor market in the era of digitalization or the industrial revolution 4.0.
Keywords
Industry 4.0, new technologies, labor market,
Topic
Quality Management and Economic Development
Corresponding Author
Tukina Tukino
Institutions
Binus University, Jakarta
Indonesia
Abstract
The development of Internet-based technology has resulted in a change of society to a new phase. These changes resulted in social and community life (-online society-) in the millennial era. The change was followed by the development of information in which there was a lie (Hoax). The development of such information appears rapidly, especially in political years In Indonesia 2019. This research related Hoax information on challenges in political years were carried out using descriptive qualitative methodology. Research steps; observation, reviewing literature and media. Study of literature and media is carried out in-depth. In qualitative research the role of researchers is crucial and the search for data will be considered enough if it can answer the research objectives. Information containing lies that spread to the public becomes a serious challenge. Hoax information appears, making peoples lives uncomfortable and restless. Developing feelings of contempt, slandering, demeaning, breaking the rules, order and peace. Lying information is made less concerned having impact and cannot be justified. Solution to Hoax Information Problems; the need for good Ethics and Self Integrity, Need Honesty, verification and Validation of Information, there needs to Editorial Board (Gate Keeper), aware of the impact on the information content, Information needs to be Balanced and not repetitive and tendentious.
Keywords
information technology, internet, change, millennial, information hoax
Topic
Communication and Society
Corresponding Author
A.A Gde Satia Utama
Institutions
a) Accounting Departement, Faculty of Economic and Business, Airlangga University, Jalan Airlangga 4-6, Surabaya, 60286, Indonesia
*gde.agung[at]feb.unair.ac.id
b)Accounting Departement, Faculty of Economic and Business, Airlangga University, Jalan Airlangga 4-6, Surabaya, 60286, Indonesia
c)Accounting Departement, Faculty of Economic and Business, Airlangga University, Jalan Airlangga 4-6, Surabaya, 60286, Indonesia
d)Accounting Departement, Faculty of Economic and Business, Airlangga University, Jalan Airlangga 4-6, Surabaya, 60286, Indonesia
Abstract
Indonesian Financial Inclusion level has increased each year. It is still slow compared to the level of Financial Inclusion in other ASEAN countries. Indonesia index in 2014 was 36%, while the index of Thailand was 78%, Malaysia 81%, and Singapore 96%. Several factors are slow increase in the distance of people-s homes with financial services and the difficulty of public access to financial products. OJK through policies issued Laku Pandai (Financial Technology – based) to tackle the problem. Banyuwangi is the largest district in East Java, with 1,6 million residents in 2017, and 269.267 SMEs in 2015. The amount is deemed to represent the impact of Laku Pandai in East Java. Based on research data obtained through interview, observation, and documentation descriptive qualitative methods found problems accessing credit undertaken by SMEs through Laku Pandai. Therefore we need to redesign on the credit system of Laku Pandai. The purpose of this research is to develop the credit system of Laku Pandai in order to increase effectiveness and efficiency in achieving financial inclusion, especially in the SME sector. Result form the study show the necessary capital to redesign proccess credit system can provide great benefits to Bank that Organize Laku Pandai.
Keywords
Laku Pandai; Financial Technology; Financial Inclusion; Designing Credit System
Topic
Economics, Finance, Banking, and Accounting
Corresponding Author
SRI HANDAYANI
Institutions
Universitas Negeri Malang (UM)
University Putra Malaysia (UPM)
Abstract
At present the world is entering the era of industrial revolution 4.0 which is closely related to information technology on the basis of human life (Kemenristekdikti, 2018a). With these changes, of course the world of education must also immediately respond to these changes. The steps that can be taken is by integrating information technology with innovative learning models. As a teacher in the Indonesian era 4.0 gave birth to a term known as Teacher 4.0 Challenges & Requirements. To become a 4.0 teacher must have 3 components, namely: 1) Human - Based & Didactical Challengee; 2) Organizational Challengee and 3) Technological Challengee. (Abdelrazeq, 2016). To support these competencies, one of the learning models that can be used is the STEM-based learning model. STEM Education is a combination of areas of Science, Technology, Engineering, and Mathematics (STEM) (Duran, et al., 2016). This paper aims to: 1) explain the perception of information technology and STEM learning for prospective economic teachers. 2) describes the efforts to integrate Information Technology and STEM-based Learning Models in the face of the Age of Industrial Revolution 4.0.
Keywords
Industrial Revolution Era 4.0, Information Technology, and Innovative Learning Models, STEM, Teacher Competencies 4.0.
Topic
Economics Education and Accounting Education
Corresponding Author
Menik Kurnia Siwi
Institutions
Universitas Negeri Padang
Abstract
The research aims to find out and analyze the needs of ICT in learning for "digital native" students at the Faculty of Economics, Universitas Negeri Padang. Data were collected using a questionnaire, and analyzed using descriptive analysis. The results showed: (1) Intensity of media use: the majority of students use technology significantly, always carrying digital media devices, (2) Ownership and use of digital devices: Smartphone and laptops, (3) Use of technology in learning: student majority used WhatsApp application and website. (4) Use of technology for entertainment: : student majority used WhatsApp application and website, (5) Use of technology for learning: students use technology to learn new things, make learning easier, finding learning material online is easier than printed sources. Based on the results of this study concluded that the use of technology by students is very high therefore it is necessary to integrate technology in every learning process.
Keywords
ICT, Digital Natives, Learning Process
Topic
Education Management and Learning Innovation
Corresponding Author
Admin IRCEB 2019
Institutions
AMAZING UNIVERSITY
Abstract
Admin IRCEB
Keywords
IRCEB
Topic
Economics, Finance, Banking, and Accounting
Corresponding Author
SRI HANDAYANI
Institutions
Universitas Negeri Malang
Community Engagement Manager of [at]The_LHoFT
Estudiante en GBSB Global Business School, Spain
Abstract
Facebook has announced a digital currency named Libra that will allow billions of users to make financial transactions across the planet. Libra which has the Libra Blockchain component, the Libra currency, and Libra association. This article has question on: 1) How could the Libra Association increase financial inclusiveness via its new payment platform? 2) How should Financial and Legal Authorities think of regulating the new Libra virtual currency?
Keywords
FinTech, Libra, Financial Inclusion
Topic
Economics, Finance, Banking, and Accounting
Corresponding Author
kussudyarsana kussudyarsana
Institutions
Kus165[at]ums.ac.id, Departement of Management, Faculty of Economics and Business, Universitas Muhammadiyah Surakarta.
Jl. Ahmad Yani no 1 Surakarta.
Abstract
This study aims to examine the impact of opportunism on family small to medium sized enterprises (SMEs), particularly in Indonesia. At this time there are still differences of opinion about whether opportunism occurs in family businesses, and adversely affect the performance of family companies. This study used small and medium scale family business as research subjects. A total of 370 family business located in the former Surakarta Residency and Jogjakarta Province, covering the areas of Surakarta, Klaten, Sukoharjo, Karanganyar, Boyolali, Wonogiri and Sragen and Bantul were involved in this research. To analyses the data, this study used multiple regression and descriptive analyses. By using those methods, hypothesis were tested and discussed. After data were cleaned, only 314 data can be used to tested the hypothesis. The result indicated that opportunism has negative effect to the performance of family small and medium enterprises
Keywords
opportunism, performance, family SMEs.
Topic
Management, Enterpreneurship, and Leadership
Corresponding Author
edi wahyu wibowo
Institutions
Politeknik LP3I Jakarta
Abstract
Environmental problems in the city of Jakarta such as loss of agricultural land, environmental pollution, increased air temperature, low air quality, impacts on water quality and quantity, impacts on public and social health need to be anticipated by applying Green GRDP as a basis for measuring the economy. In 2016 the value of Green GRDP was 99.69% or 0.31% smaller than conventional / brown GRDP, while in 2017 the value of Green GRDP was 99.70% or 0.30% smaller than conventional / brown GRDP. The results of the potential mapping in the Province of DKI Jakarta obtained the transportation sector, accommodation providers, communication information, financial services & insurance, company services, other services have fast growth in the economy of the Province of DKI Jakarta and have better competitiveness compared to other regions in Indonesia. Whereas the manufacturing, electricity & gas, real estate and wholesale & retail trade sectors are sectors that can only be enhanced in the scope of DKI Jakarta Province. While the Agriculture, Mining, Water Supply, Waste & Waste Management, Government Administration and Education Services sectors have no role in advancing the economy of the Province of DKI Jakarta and in Indonesia. Finally, the Construction and Health & Social Services sector is a sector that has fast growth in the economy of the Province of DKI Jakarta, but has less competitiveness compared to other regions in Indonesia.
Keywords
Green GRDP, Green Development, Green City
Topic
Quality Management and Economic Development
Corresponding Author
Pudjo Sugito
Institutions
University of Merdeka Malang
Abstract
This research intends to analyze the mediating role of information acquisition on the linkage of migratory culture toward entrepreneurship. The research population are migrant Madurese entrepreneurs in East Java, Indonesia, with a sampling technique using a proportional random sampling technique with three locations: Surabaya City, Malang City and Jember Regency with 170 Madurese migrant respondents. The consideration is that there are relatively many Madurese in the city. This research was started by designing questionnaires and then validity dan reability test of the research instrument. Further, the questionnaire was broadcasted to Madura migrant entreprenuers who were randomly selected. The primary data analysis technique uses structural equation model with the Partial Least Square (PLS) data processing program. The research finding demonstrates that information acquisition significantly mediates on the linkage of migratory culture toward entrepreneurship. It means that information acquisation plays a significant role to encourage entrepreneurship.
Keywords
Migratory Culture, Information Acquisition, Entrepreneurship
Topic
Management, Enterpreneurship, and Leadership
Corresponding Author
Yuhelmi Yuhelmi
Institutions
Bung Hatta University
Abstract
The use of information technology in supporting the effectiveness of company operations is very important. This study aims to determine the optimization of the use of Transaction Processing Systems in minimarkets in the city of Padang. Sampling uses accidental sampling of the owner/manager and operator in the Minimarket. The analytical method used in this study is a descriptive analysis. The results showed that 85.6% of 97 minimarkets in Padang had used transaction processing systems in support of sales activities and services to consumers. The use of computer-based transaction processing systems had resulted in shopping receipts to reduce the level of error in calculating shopping values. Information about prices and changes made by updating the database and changing labels on the product manually. Limited cooperation with banks is only 49% of minimarket providing payment facilities by debit/credit card. An interesting finding from this study is that there is a gap between the use of transaction processing systems for sales and inventory. Only 8% of minimarkets obtain information on the amount of inventory through a transaction processing system. The ordering of goods, only 10% are planned through the information system. This gap will affect the minimarket financial reports. For making this report only 14.4% of the minimarkets were able to obtain this information from the system. From the overall analysis, it can be concluded that the level of utilization of information systems for operational effectiveness is still relatively low.
Keywords
Transaction Processing System, Sales, Inventory, Financial Report
Topic
Management, Enterpreneurship, and Leadership
Corresponding Author
Ni Made Tisnawati
Institutions
FEB Udayana University (a) FEB Universitas Brawijaya
Abstract
PARTICIPATION, POVERTY AND VULNERABLE WORKER OF RURAL BALINESE WOMAN IN ECONOMIC LOCAL DEVELOPMENT (Case Studies Gianyar Regency Province of Bali) Nm.Tisnawati* Khusnul Ashar, Devanto S.Pratomo, Susilo** The development of tourism industry sector in Bali Province based on cultural heritage. Cultural preservation is the basic capital of sustainable development in the tourism industry sector. It is rural women who allocate most of their time to carrying out ceremonies as basic capital to preserve culture. But the role of women is still considered low in local economic development in Bali. The decision of women to work in the informal sector is a strategy to continue working in economic activities. This limitation of womens participation in economic activities has made rural women in Bal become trapped in the position of vulnerable workers. The global economic threat with access to information technology, increasingly makes womens positions increasingly trapped in poverty. The condition of gender and poverty inequality is one of the problems in the realization of sustainable development goals. The purpose of this study is to find out the factors that influence rural womens participation in the informal sector and strategies to reward the role of women in cultural preservation without having to reduce the strength of rural social capital. This research was conducted using the mix method approach. The research conduct in Gianyar with 50 rural women using livelihood approach as based analysis. Keywords : Participation, Poverty. Rural Balinese Woman *Ni Made Tisnawati, mahasiwa PDIE Universitas Brawijaya, dosen di Feb Unud ** Universitas Brawijaya
Keywords
Participation, poverty, rural balinese woman
Topic
Quality Management and Economic Development
Corresponding Author
Rangga Wijaya
Institutions
Universitas Airlangga Surabaya
Abstract
Persaingan di pasar global terus meningkat setiap hari dan perusahaan perlu mengandalkan inovasi untuk tetap unggul dan bersaing dengan pesaing mereka. Inovasi adalah salah satu bagian penting dalam persaingan karena hal ini dapat membawa keunggulan bagi perusahaan melalui penciptaan produk baru, proses baru, atau peningkatan kondisi bisnis saat ini. Keunggulan ini dapat berarti peningkatan dalam penjualan, pekerjaan (tenaga kerja), dan produktivitas. Meskipun demikian, inovasi dapat menjadi upaya yang sangat berisiko bagi perusahaan. Manajemen inovasi diperlukan untuk mengurangi risiko ini dan untuk memastikan bahwa inovasi dapat berhasil. Dalam tulisan ini, kami membahas tentang bagaimana kita harus mengelola inovasi dalam perusahaan dengan menggunakan teori dan contoh dari literatur yang ada. Diskusi ini mencakup kerangka kerja audit inovasi, dampak inovasi dalam strategi manajemen sumber daya manusia, strategi inovasi terbuka, pengukuran manajemen inovasi dan studi kasus dalam proyek produk dan sistem yang kompleks. Hasil temuan dari penelitian ini adalah inovasi terbuka dan sistem manajemen terintegrasi merupakan dua dari banyak inovasi organisasi yang menghasilkan kesuksesan dan jenis industri perusahaan memiliki pengaruh signifikan terhadap kecenderungan inovasi perusahaan.
Keywords
inovasi, manajemen inovasi, kompetisi
Topic
Management, Enterpreneurship, and Leadership
Corresponding Author
dian rachmawati
Institutions
1,2,3) FACULTY OF ECONOMICS, UNIVERSITAS NEGERI MALANG, INDONESIA
4) COMPUTER SCIENCE DEPARTMENT, BOSTON UNIVERSITY, USA
Abstract
Problems that occur in clay craftsmen in Plancungan Village, Ngloning Village and Gombang Village, Slahung District, Ponorogo Regency include lack of capital, lack of marketing networks and low product innovation, and lack of regeneration in this business. So as to overcome these problems is done by providing training and the formation of pre-cooperatives for the craftsmen. The purpose of this research is to improve the quality of human resources and promote the existence of earthenware vessels. This research was conducted by forming a pre-cooperative community in order to facilitate the availability of capital for craftsmen. In addition, there will also be some marketing training and product innovation improvement training to have added value and innovation in accordance with the needs of the times. Both of these trainings were carried out by marketing practitioners and from the Ponorogo Regency industry and cooperative offices.
Keywords
Development, SMEs, Pottery, Community, Pre-Cooperative
Topic
Economics, Finance, Banking, and Accounting
Corresponding Author
Srikalimah Srikalimah
Institutions
(a) Economic Faculty of Universitas Islam Kadiri
Jalan Sersan Suharmadji No. 38 Kota Kediri, Indonesia
srikalimah[at]uniska-kediri.ac.id
(b) Economic Faculty of Universitas Negeri Malang,
(c) Economic Faculty of Universitas Islam Kadiri,
(d) Economic Faculty of Universitas Islam Kadiri
Abstract
Kediri City is known by the name of the “Kota Tahu” because many tofu scattered craftsmen. There is a production center area know precisely in the village of Tinalan Kediri. Whose citizens produce tofu and dairy. The purpose of this research is to describe and analyze the implementation of the development of tofu village in Kelurahan Tinalan Kota Kediri become an educational tourism area to make various processed tofu. Researchers collect data in the field by acting as an active instrument. Researchers use data collection techniques through interviews, observations, Forum Group Discussion (FGD) and documentation. The data analysis used is an interactive analysis model. This study uses a qualitative descriptive approach. Analysis of data used include data reduction, data presentation, withdrawal conclusion/verification and validity of data is done with the trust test, acquisition, dependency and certainty and SWOT analysis. Data collection techniques are conducted with interviews, documentation and observations. Based on the results of the research, the development strategy can be concluded in the education tourism Kampung Tahu that promote promotion through mass media, social media and web. Building infrastructures such as providing adequate parking space, making the tourist attractions processed products know and involve the community in the management of tours. With the proper development strategy saw from increased strength and opportunities as well as minimizing weaknesses and avoiding threats, the educational tourism object of the tofu village that located in Kelurahan Tinalan subdistrict Pesantren Kediri City will be able to Compete with other attractions.
Keywords
implementation of development of education tourism area, community empowerment, development strategy, SWOT analysis
Topic
Marketing, International Business and Tourism
Corresponding Author
Sry Rosita
Institutions
a). Universitas Jambi, Kampus Pinang Masak Jl. Raya Jambi-Muara Bulian Km 15 Mendalo Darat, Postal Code 36361, Jambi, Indonesia, Hp.081274876900, email: sry_rosita[at]unja.ac.id.
b). Universitas Jambi
Abstract
The minimum criteria regarding the qualifications and competencies of lecturers in conducting education require psychological contracts, organizational culture and the strategy of Human Resources that are used as the basis for work relationships. The main objective of this research is to examine psychological contracts in improving HR strategies with organizational culture as a mediator variable. The method used in this research is kind of descriptive with a quantitative approach and use explanatory surveys. The research target was lecturers at several universities in Jambi Province. The data collection method used is by providing a structured questionnaire aimed at the sample respondents. The analysis tool used in this study is Partial Least Square and the software used is smartPLS. The research hypothesis provides strong support towards the view of psychological contracts has a positive and significant influence in improving HR strategies, psychological contracts have a positive and significant influence in improving HR strategies through organizational culture as a mediator variable.
Keywords
Psychological Contract; Organizational Culture; HR Strategy.
Topic
Management, Enterpreneurship, and Leadership
Corresponding Author
Ari Gunawan
Institutions
State University of Malang
Abstract
Indonesia with a Muslim population reaching 87.17% is very strategic for the development of halal industry. But the halal industry in Indonesia has not grown optimally. One reason is the lack of Islamic financial literacy, whereas literacy greatly influences the financial decisions taken. The government organization, BPJPH, which handles certification and provides Islamic financial literacy, has not yet operated. Therefore we need an innovative solution that is a smart system about Education and Investment for halal industry. The research methodology used is descriptive qualitative. Through quantitative research with one sample t test using descriptive analysis and each 1 research variable. This system is a concept of innovation in the field technology that can be a bridge for government organizations namely BPJPH to provide Islamic financial literacy. Not just giving literacy, but also offering alternative solutions for submission of sharia-compliant capital loans. This system brings together important elements in the halal industry cycle, namely halal industry players, Islamic banking, investors and the government as regulators through an application. Increased Sharia financial literacy and the potential of Return of Investment in halal industries can be realized. This is evidenced by an increase of 80% to the understanding of the halal industry from before, and the potential increase in capital and profits that reached a Return of Investment of 14.3% in the calculation of research samples in the province of East Java. This shows the benefits and success of the application of smart education and investment systems for the halal industry in Indonesia.
Keywords
Islamic financial literacy, Islamic finance, technology
Topic
Islamic (Syariah) Economics and Islamic Studies
Corresponding Author
Budi Eko Soetjipto
Institutions
(a,b.d) Faculty of Economics,Universitas Negeri Malang
Jl. Semarang 5 Malang, 65145, Indonesia
(c) Department of Communication, Faculty of Modern
Languages & Communication, Universiti Putra Malaysia,
43400 UPM Serdang, Selangor D. E., Malaysia.
Abstract
The results of previous research on the development of halal culinary have not been done much in Indonesia. For this reason, this study wants to uncover the perceptions of students in the master of management program in relation to efforts to develop the halal industry in East Java, especially in Malang and Surabaya. The objective of this study is to explore the perception of Muslim Students towards halal culinary in Indonesia In term of 1) the role of the government in halal certification, 2) halal food festival, and 3) Promoting halal food events through social media and internet. This is qualitative study using case study. Informants of this research are students of Master Management Faculty of Economics, Universitas Negeri Malang. The students are in the third semester in their study. Research findings show the following things (1) the government needs to encourage halal efforts by providing socialization and benefits of halal cuisine in collaboration with the Indonesian Ulema Council. (2) Halal food festivals can be done to attract tourists. Even though Malang City has never done it, but this is an appropriate step of cooperation for food entrepreneurs and local governments in attracting Muslim tourists who want to visit Malang. This festival should be held to coincide with religious events (3) the development of the halal culinary industry can be done through social media and the internet is in line with several other research results.
Keywords
development, halal culinary, halal food festival, halal certification, social media, internet
Topic
Marketing, International Business and Tourism
Corresponding Author
Januar Kustiandi
Institutions
Universitas Negeri Malang
Abstract
This study aims to determine the level of community welfare, causes of welfare, and efforts made to improve the welfare of the community in Malang. Data analysis is guided by interactive data analysis model. While to know the policy strategy that can be taken by government by using SWOT analysis. The results of this study indicate that the level of welfare of the community in the city of Malang has improved quality, which is indicated by the decrease in pre-prosperous family level. This is supported by the role of government, private, and universities that contribute in the form of providing basic services (health and education) for free for indigenous people of Malang City by the government. In addition, community service programs conducted by the university, also able to improve the quality of human resources community. While the private sector contributes in the form of CSR funds that are used to increase public facilities and infrastructure development and scholarships.
Keywords
social welfare, economic prosperity
Topic
Economics, Finance, Banking, and Accounting
Corresponding Author
Annisya Annisya
Institutions
Universitas Negeri Malang
Abstract
The characteristics of learning in the 21st century are focused on critical thinking and problem solving, communication, collaboration, creativity, and innovation. This discusses the process of learning activities, students not only receive material from the teacher or instructor but how to ask training participants to get a real learning experience. In this era, educational institutions get opportunities and challenges related to the results produced. The main demand for educators is how to gather students to be able to live anytime, anywhere in any situation. Provision given to beginners is not only limited to knowledge but also how these beginners can find new knowledge and use that is applied. This research was conducted to find out which students can learn by adjusting to learning in a disruptive era. Business activities in economics are lecture material that is quite important for purposes. This is related to provisions to be discussed in the entrepreneurial sector. This activity is carried out by projects assessment, which the results of this study indicate that the combination of learning activities in the classroom with learning in the field for experts also uses technology that is needed.
Keywords
disruptive era, economics bussines, student competencies, project assessment
Topic
Economics Education and Accounting Education
Corresponding Author
Ely Siswanto
Institutions
Department Management, Economic Faculty, Universitas Negeri Malang
Abstract
This study aims to describe how cash management practices in spiritual organization of The An-Nuur Grand Mosque, Batu City. Data is obtained through observation, interviews, and documention. Checking the validity of the data in this study uses triangulation sources. The result of this study indicate that cash planning in The An-Nuur Grand Mosque through out to be work program. It becames the basis of budget plan arrangement. In cash planning, it does effort to avoid idle cash or it is called “ngendon” cash. The cash organizing in The An-Nuur Grand Mosque uses the contract. It is called “akad”. The sentence is on the charity box which automatically becomes contract for charity (infaq). The cash controlling uses financial statements which is reported of The An-Nuur Grand Mosque foundation. While, muslims who used to perform there activities in The An-Nuur Grand Mosque (jamaah) can know cash inflow, cash outflow, and total balance by announcement before “Jumat” praying and financial statement in the information wall.
Keywords
cash management, contract, agency theory, grand mosque
Topic
Economics, Finance, Banking, and Accounting
Corresponding Author
Vayolla Naurah shyfa
Institutions
Universitas muhammadiyah sukabumi
Abstract
Increasing the quantity of cooperatives in Indonesia is not in line with the quality of the cooperatives, especially the profitability level of cooperatives in Indonesia which is relatively low compared to MSMEs. The financial literacy that is now being promoted by the government has a fairly good contribution to the development of Indonesias economic business. This study aims to determine the correlation between financial literacy level of savings and loan cooperative members to the profitability of sukabumi city savings and loan cooperatives. Lending for the realization of sustainable development and cooperative reform. This research use a quantitative method, using data obtained from questionnaire and the data analysis of financial statements of the savings and loan cooperatives sukabumi city wich measured by Return on Equity and Return of Assets and then processed using SPSS 21 with a correlation test on the data. The independent variable of research is the level of financial literacy of cooperative members and the dependent variable, namely the profitability of savings and loan cooperatives. The sampling technique uses probability sampling, namely proportionate stratified random sampling to savings and loan cooperatives in Sukabumi. The lack of knowledge of financial literacy of cooperative members causes the cooperative profitability to be relatively low wich this problem cause many cooperative are disbanned.
Keywords
Financial literacy, Profitability, Savings and Loan cooperatives,Return of Asset, Return of Equity
Topic
Economics Education and Accounting Education
Corresponding Author
Cesya Rizkika Parahiyanti
Institutions
Universitas Negeri Malang
Universitas Gadjah Mada
Abstract
This research aims to identify movie-induced tourism in terms of business related to audiences- personal motivation using a study on movie Ada Apa Dengan Cinta (AADC) 2. It uses a qualitative study with descriptive approach. The results of in-depth interview from 17 respondents are analysed using conventional content analysis that would later raise the emergent themes to support the identification of movie-induced tourism in the study of AADC 2. The results of this study indicate that AADC 2 has a function to influence audiences- travel decisions on the featured locations after watching the movie even though the movie itself is not intended to promote a particular destination. The audiences- personal motivation in this study are grouped into two, namely general personal motivation and specific personal motivation. In addition, there are also consideration factors of audience that influence their decisions to travel to the featured locations in the movie. Some assessments and behavioral intentions are also expressed by the audiences after they visited the sites. With these results, this study is expected to provide an overview of the relevant business players, such as tourism offices, Destination Marketing Organizations (DMO), and movie production companies, about tourist behaviors in Indonesia.
Keywords
movie-induced tourism; movie roles; audience personal motivation; audience assessment; behavioral intention
Topic
Marketing, International Business and Tourism
Corresponding Author
Reny Fitriana Kaban
Institutions
a) Faculty of Economics & Business, Institute Perbanas. Jakartata
* reny.fitriana[at]perbanas.ac.id
b) Faculty of Administration Science, IISMI STIAMI. Jakarta
Abstract
This research aims to analyze the effect of financial literacy to performance and sustainability of culinary MSME in Greater Jakarta Through this research, increase in knowledge regarding financial literacy for owners and managers of culinary MSME, so that they are able to make appropriate management and financial decisions for the success and sustainability of their business. In addition, it can be input to stakeholders about the importance of increasing financial literacy for business actors. The data collection method using a questionnaire consisted of demographic questions and structured research questions. Structured questions consist of two categories of questions. First, the type of quiz modified from the Basic Indonesian Financial Literacy Index (Definit, OJK and USAID) to determine financial literacy at MSME. The second modification of the EFQM Excellence Model is to measure performance based on the perception of how far the respondent reaches the indicators of business results. While business sustainability is modified from the Triple bottom line (TBL) reporting indicator, which measures the extent to which respondents maintain the sustainability of their business operations in terms of economic, environmental (ecological) and social aspects. The structural equation model by SmartPLS is used to analyze data. The result showed Financial literacy has a significant influence on the performance of culinary MSME in Greater Jakarta as well as the performance of MSME has a significant influence on the sustainability of culinary MSME in Greater Jakarta. However, financial literacy does not have a significant influence on the sustainability of culinary MSME in Greater Jakarta.
Keywords
Financial literacy, business performance, sustainability, culinary MSME
Topic
Management, Enterpreneurship, and Leadership
Corresponding Author
Sandra Sukma Embuningtiyas
Institutions
Universitas Airlangga
Abstract
Corporate social responsibility (CSR) is a form of corporate social responsibility activity in contributing to social and natural environment. As a bank that carries out its activities based on Sharia principles, it is natural for a Sharia bank to carry out social responsibility. However, to be consistent or not the social responsibility of Islamic banks, is also influenced by several key factors in the company. This study aims to examine whether good corporate governance, intellectual capital and corporate financial performance affect companies in carrying out their social responsibilities. In this study, CSR used as the dependent variable while the independent variables used are good corporate governance (Syariah Supervisory Board), intellectual capital (Human Capital Efficiency (HCE), Capital Employee Efficiency (CCE), Structure Capital Efficiency (SCE) ), financial performance (ROA and ROE) with control variables size and leverage. This study started from 2013 until 2017 with the samples of 22 Islamic bank in Southeast Asia Countries. This study used a balanced panel data of 10 Indonesian Islamic banks, 10 Malaysia Islamic banks, 1 Brunei darussalam Islamic banks and 1 Philippines Islamic banks which was choosen by purposive sampling method. Analytical study shows that good corporate governance (SSB), Structure Capital Efficiency (SCE) and financial performance (ROA and ROE) had not significant influence to corporate social responsibility, but Human Capital Efficiency (HCE), Capital Employee Efficiency (CCE), size and leverage had significant influence to corporate social responsibility.
Keywords
Good Corporate Governance, Intellectual Capital, Financial Performance, Size and Leverage
Topic
Economics, Finance, Banking, and Accounting
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