Journal of Business and Behavioural Entrepreneurship
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Articles
11
Articles
The Effect Of Working Capital Management To Financial Performance Of The Company In Manufacturing Sector Listed In Indonesia Stock Exchange (Idx) Pe-riod 2013-2016

Maysuri, Sarah, Dalimunthe, Sholatia

Journal of Business and Behavioural Entrepreneurship Vol 2 No 1 (2018): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

This study aims to determine the effect of working capital management proxied by 5 independent variables, namely Working Capital Turnover (WCT), Cash Ratio (Csh R), Cash Conversion Cycle (CCC), Account Receivable Turnover (ARTO), and Inventory Turnover (ITO) on the companys financial performance in terms of profitability and market value which is equipped with Firm Size control variables in manufacturing companies listed on the IDX for the 2013-2016 period. The research method used is panel data regression using Random Effects Model and Fixed Effects Model. The results showed that only Csh R and CCC had a significant positive effect on Financial Performance with ROA proxy either with or without Firm Size control variables. Different results when compared to Financial Performance in terms of Tobins market value using control variables, only (ITO) which proved to have a significant positive effect but without control variables found that (ARTO) and (ITO) also had a significant positive effect and the rest had no effect on Financial Performance manufacturing companies in the 2013-2016 period.

The Impact Of Dividend Policy, Managerial Ownership, Institutional Ownership To Capital Structure On Manufacturing Company In Indonesia Stock Exchange (Idx) Period 2012-2016

Indah Puspita, Ratna Putri, Suherman, Suherman

Journal of Business and Behavioural Entrepreneurship Vol 2 No 1 (2018): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

This study aims to determine the effect of dividend policy, managerial ownership and institutional ownership on the capital structure of manufacturing companies listed on the IDX for the 2012-2016 period. The data used in this study is an annual report of the Manufacturing Sector listed on the IDX for the period 2012-2016. By using purposive sampling method, 56 companies were obtained and consisted of 280 observations. The model used in this research is panel data analysis using the Random Effect Model approach. The results of this study indicate that the dividend policy has a positive but not significant effect on DER, but has a significant positive effect on DAR. While managerial ownership is influential but not significantly negative on the capital structure (DER and DAR). Institutional ownership has a significant negative effect on DER, but has a negative but not significant effect on DAR. Profitability has a significant negative effect on the capital structure (DER and DAR), while the structure of assets and company size does not have a significant effect on the capital structure. (DER and DAR).

The Effects Of Financial Performance Toward Firm Value With Ownership Structure As Moderating Variable (The Study On Manufacturing Companies Listed In Indonesia Stock Exchange In The Period Of 2012-2016)

Luthfiah, Anida Amalia, Suherman, Suherman

Journal of Business and Behavioural Entrepreneurship Vol 2 No 1 (2018): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

The aim of this study is to determine the effect of Financial Performance toward Firm Value with Ownership Structure as Moderating Variable on Manufacturing Companies Listed in Indonesia Stock Exchange in The Period of 2012-2016. Independent variable of this study is Financial Performance with Return on Assets as a proxy. Dependent variable of this study is Firm Value with Tobin’s Q as a proxy. While moderating variable used in this study is a mechanism of Corporate Governance in the form of Ownership Structure with Managerial Ownership and Institutional Ownership as the proxy. Then control variable in this study are Firm Size and Leverage. The research model of this study employs panel data analysis with Fixed Effect Model approach. The empirical result shows that Financial Performance has positive significant effect on Firm Value. Managerial Ownership and Institutional Ownership can’t moderate the relation between Financial Performance on Firm Value. Firm Size has negative significant effect on Firm Value. And Leverage has insignificant effect on Firm Value.

Analyzing Abnormal Return Before And After The Announcement Of Merger And Acquisition In 2018

Haryanto, Sonny, Mardiyati, Umi, Buchdadi, Agung Dharmawan

Journal of Business and Behavioural Entrepreneurship Vol 2 No 1 (2018): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

This study aims to analyze the abnormal returns before and after the announcement of mergers and acquisitions in the companies listed on the IDX 2018. In this study the observation period taken was three days before and after the announcement of mergers and acquisitions with the number of samples observed were 9 companies. The method for calculating abnormal returns used is the market adjusted return by using an intraday stock price of 15 minutes. Based on testing hypotheses conducted by paired sample t-test, it was found that there were no significant differences in abnormal returns before and after the announcement of mergers and acquisitions in each 15 minute period.

Organizational Amnesia: the Barrier of Value Creation and Organizational Performance in Small and Medium Sized Enterprise

Sadat, Andi Muhammad, Lin, Mei-Lan

Journal of Business and Behavioural Entrepreneurship Vol 2 No 1 (2018): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

Small and medium-sized enterprises (SMEs) in Indonesia has an essential role in economic. Their existence appeared significant when the economy crisis in Asia 1997 and the world economic crisis in 2008. Therefore the existence of SMEs for business and society are imperative, so their sustainability should be maintained through value creation and performance. However, unlike the large companies that typically have resources to maintain information and their knowledge extensively, SME fall into lack of resources that driving them on amnesia consistently (S J Hall & De Raffaele, 2013) and it predispose the ability to create value and company’s performance. This paper aims to describe the existence of organizational amnesia (OA) as the failure of organizations to learn reliably at the organizational level (Kransdorff, 1998). This phenomenon is proposed affect SME’s creating value and organizational performance. Some conclusion and future research has been recommended.

Do Performance Appraisal, Compensation Andjob Satisfaction Influence Employees’ Loyalty Of Generation Y?

Osman, Neela, Purwana, Dedi, Saptono, Ari

Journal of Business and Behavioural Entrepreneurship Vol 1 No 1 (2017): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

GenerationY is the work force of the future and now the number is dominating the industry.The increasing number of employees of generation Y becomes a separate problem for the company in meeting the availability of young professional workforce. The research aims to investigate effect of performance appraisal, compensation and job satisfaction to loyalty of generation Y.Method used in this study was quatitative. The research sample was 117 students. Data was anaysed using Structural Equation Modeling (SEM). This study reveals there are a positive relationship between performance appraisal with job satisfaction, compensation with job satisfaction and job satisfaction on loyalty Keywords: Performance appraisal, Compensation, Job satisfaction,Loyalty, and generation Y

Geo-service Industry Analysis: Scanning Challenges and Opportunities for Sustainable Asia-Pacific

Mohamed, Tamer Zaki Fouad

Journal of Business and Behavioural Entrepreneurship Vol 1 No 1 (2017): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

Global environmental risks resulted mainly from irresponsible industrial policies and polution, have a destructive impact on economies and societal wellbeing, especially in the Asia-Pacific. The Geoservice industry is increasingly contributing to global sustainability and welfare by providing many solutions to environmental and socio-economic issues. The industry is growing fast in the Asia-Pacific, yet there are various issues hindering industry and technology diffusion as well as many opportunities which can be harvested for better industry growth. There is much confusion and lack of studies on this new growing industry, therefore the paper attempts to simplify and clarify the structure and interdeciplinary concept of geoservices. The purpose of this study is to explore and assess the opportunities and threats influencing geoservice industry growth and diffusion in the Asia-Pacific. Methodology of such analytical descriptive study relied on secondary data and baseline information to examine and understand the industry issues and characteristics in the region. The paper also adopted various industry analysis and assessment tools such as PESTLE, Porter and Strategic Grouping analysis to support decision makers in considering the challenges and opportunities for investment and engagement in that industry. The key contribution and significance is to promote and raise awareness among  general public, government and non government stakeholders on the issues hindering geospatial industry diffusion as prerequisite for sustainability in the Asia-Pacific. The paper also suggested solutions and recommendations for decisionmakers to foster industry diffusion and understand opportunities for investment.

Gender Roles against Opportunities for Entrepreneurship

Umam, Khoirul

Journal of Business and Behavioural Entrepreneurship Vol 1 No 1 (2017): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

Micro, Small and Medium Business activities have a very important role in promoting the economy because this sector has been tested to have resistance to the economic crisis. Micro, Small and Medium Business has wide employment opportunities that can improve peoples welfare. But the facts above are not as easy as Micro, Small and Medium Also has some problems, where small businesses Often face natural exa interest of ions with various Difficulties, such as capital constraints, human resources, changing government policies, business locations, competition, technological development, etc ,. It is above the same set of money with entrepreneur. Being a successful entrepreneur is not easy to manifest, many things that need to be studied to be able to open the horizon, not only with expertise, hardwork without tenacy will be empty and include resistant to be disturbing temptations in business activity. Surely the above should have tricks or tips so that the goal in entrepreneurship to be successful. The above matter of course has an influence on the advance of entrepreneurship. Students are the embryo that has a good potential for realizing entrepreneurial activities. Successful entrepreneurial tips become the deciding factor of motivating students in entrepreneurship. Sample case studies have been conducted at Thamrin University

Formation Pattern State Defense Reserve Components In Five Countries Of Asean

Setiawan, Bayu

Journal of Business and Behavioural Entrepreneurship Vol 1 No 1 (2017): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

This research is a qualitative research, which aims to describe the ideal pattern for Indonesia in building the reserve component base on the result of benchmarking and review of the formation pattern of the Asean countries, namely Indonesia, Malaysia, Singapore, the Phlilipines, and Thailand.  The place of research were Directorate of Reserve Component and the Directorate of State Defense of Defense Potential, Directorate General of Defense Potentioal, Ministry of Defence of the Republic of Indonesia, Commission I of the House of Representatives, and the Defence Attache of the five Asean countries. The data was collected by using Focus Group Discussion method, questionnaries, interviews, direct observation, and document verification.  Data analysis was perfomed using a model of the Analytical Hierarchy Process (AHP) Thomas L. Saaty, such as, to determine actor, pattern, and actor with the highest priority and become the most important criteria in the formation of national defense reserve component in five Asian countries. Result of research on the highest priority and the most important criteria: (1) for Factor: Deterrent Power; (2) for Pattern: Budgeting; and (3) for Actor: the Thailand Kingdom.  In this study we analyzed the implementation of eight key competences of Michael Zwell, ie, beliefs and values, skills, experience, personality traits, motivation, control emotional issues, intellectual ability, and the culture of the organization in six patterns for the formation of national defense reserve component in the Kingdom of Thailand, namely recruitment, training (development), use (utilities), closure, reward and punishment, and budgeting. The result of the analysis shows that the model and the development time in military basic training phase has the highest priority in improving the competence of members of the reserve component. In order to increase the deterrent power of the nation and country, Indonesia needs the competence of members of the reserve components that are national resources defense. Therefore, to improve the competence of defense reserve component member of the country, Indonesia needs to implement eight key competences of Michael Zwell into the military basic  training curriculum, which is the part of a national programme to defend the country, and put the Ministry of Defence as a leading sector.   Keywords: factor, pattern, actor, training, detterent, competence.

The Effect of Integrity, Work Culture, Knowledge of Audit Techniques, and Task Commitment Toward The Performance of Customs and Excise Auditors

Djaali, Djaali, Akbar, Maruf, Karuna, Karuna

Journal of Business and Behavioural Entrepreneurship Vol 1 No 1 (2017): Journal of Business and Behavioural Entrepreneurship
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

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Abstract

The objective of this research is to get about the effect of integrity, work culture, knowledge of audit techniques, and task commitment toward the performance of customs and excise auditors. The research was conducted using survey method with quantitative approach. The size population in this research is 210 at customs and excise auditors. Research sample were selected as mush as 140 auditors using simple random sampling technique. The data obtained with questionnaires and test. The data analyzed using path analysis technique.  The finding show that integrity, work culture, knowledge of audit techniques and task commitment have positive direct effect toward the performance of customs and excise auditors. Integrity, work culture and knowledge of audit techniques have positive direct effect toward the task commitment.  Integrity and knowledge of audit techniques have positive direct effect toward work culture. Keywords:  performance, integrity, work culture, knowledge of audit technique, and task commitment.