cover
Filter by Year
Management and Economics Journal (MEC-J)
Management and Economics Journal (MEC-J) is a peer-reviewed and open access journal that focuses on management and economics fields. This journal publishes original articles, reviews, and also interesting case reports. Letters and commentaries of our published articles are welcome. Subjects suitable for publication include but are not limited to the fields of Marketing Management, Finance Management, Strategic Management, Operation Management, Human Resource Management, E-business, Knowledge Management, Management Accounting, Management Control System, Management Information System, International Business, Economics, Business Economics, Business Ethics and Sustainable, and Entrepreneurship, etc. The papers received by this journal will be reviewed by some experts from several universities in different countries. MEC-J is published three times a year in April, August, and December by Faculty of Economics, Universitas Islam Negeri Maulana Malik Ibrahim Malang, Indonesia. One volume of MEC-J is published in the one-year calendar.
Articles
23
Articles
THE DETERMINANTS OF HEDGING AND FIRM VALUE: An Empirical Study in Mining Companies Listed on Indonesia Stock Exchange

Irawanti, Garnis, Moeljadi, Moeljadi, Indrawati, Nur Khusniyah

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 2, 08-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

This study aims to determine the determinant factors in the companys hedging decisions and to determine whether the activities of corporate hedging decisions through derivative instruments provide increased value for the company. The sample consisted of 33 mining companies listed on Indonesia Stock Exchange during 2011-2015 period. The method used in this study is logistic regression and independent sample t-test. The result of logistic regression by using variable of financial distress, underinvestment cost, and size showed a positive correlation to corporate hedging decision. Meanwhile, by using an independent sample t-test found that the companys hedging decisions significantly affect the value of firms and the companies with hedging decision activity through derivative instruments have more superior value than companies by using natural hedging decisions. 

THE INFLUENCE OF BRAND EXPERIENCE AND SERVICE QUALITY TO CUSTOMER LOYALTY MEDIATED BY CUSTOMER SATISFACTION IN STARBUCKS COFFEE MALANG

Devia, Aldeline Nolita, Aisjah, Siti, Puspaningrum, Astrid

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 2, 08-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

 This study discusses the effect of Brand Experience and service quality on customer loyalty mediated customer satisfaction. The purpose of this study was to determine and analyze in depth the effect of brand experience and service quality on customer loyalty mediated customer satisfaction at Starbucks Coffee Malang. This research uses explanatory research that explain the causal relationship between the variables studied.By using a survey of 180 respondents to test the research hypothesis.Research data analysis using the test instrument, the classical assumption test, multiple linear regression, and path analysis / Path Analysis. The test results prove the instrument has met the criteria of validity and reliability, the classic assumption test results also have met the criterion of the assumptions of normality, autocorrelation, Non-Multicolinearity and heterocedastisity. In this study obtained; a). Brand experience on consumer satisfaction with the value of 0.309, or 30.9%, b). The quality of service to customer satisfaction with the value of 0.387 or 38.7%., C). Brand experience on consumer loyalty to the value of 0.216 or 21.6%., D). Service quality on customer loyalty with a value of 0,305 or 30.5%., E). Effect of brand experience and service quality customer satisfaction with the value of 0.581 or 58.1%., F). Effect of brand experience and service quality on customer loyalty with a value of 0.657 or 65.7%., G). Effect of brand experience and service quality on customer loyalty mediated consumer satisfaction with the value of 0.438 or 43.8%. Based on these results, it is necessary to enhance the consumers commitment to give satisfaction to the consumers better by excellent service or "service excellence" is the attitude and serve with satisfactory manner from the present level while maintaining the brand experience Starbucks Coffee Malang. 

TRANSFORMATIONAL LEADERSHIP: A STYLE OF MOTIVATING EMPLOYEES

Susilo, Donny

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 2, 08-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

The common problem faced by company today is related to human resource management and development especially in career advance. Many of unsatisfied employees make company difficult to achieve target. Motivation can be enhanced by a kind of leadership that devotes its attention to the problems faced by its followers and the development needs of each of its followers by encouraging and encouraging them to achieve the goals. Transformational leadership has 4 functions in motivating employees, namely the dimensions of charisma, inspiration motivation, intellectual stimulation, attention to the individual. By the implementation of transformational leadership, the psychological aspects of employees can be mastered so that leads to increased motivation. Transformational leadership is good to apply in both government institution and private company.

THE INFLUENCE OF POWER AND COMMITMENT TO THE IMPLEMENTATION OF STRATEGIC MANAGEMENT IN VILLAGE GOVERNMENT (Study on Village Government in Sidoarjo District)

Purwanto, Purwanto, Sumiati, Sumiati, Djumahir, Djumahir

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 2, 08-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

Strategic management plays an important role in village governance to improve the quality of public services. The Village Government receives substantial funding but has not been followed by adequate strategic management governance. Changes in policy, environmental change and the ability to deliver better quality public services have become the demand for village governments to adapt their institutions for developments and changes. This research focuses on the influence of power and commitment on the application of Strategic Management in Village Government (Study on Village Government in Sidoarjo District). This study aims to explain whether power and commitment have a significant effect on strategic management in Village Government. The research was conducted by using questionnaires to test the research variables from Respondents. The results explain the influence of the two variables and the results are analyzed using WarpPLS. The results of this study indicate that the two variables positively affect the implementation of strategic management in village government. Expert and reverend based power and continuance commitment have a positive effect on the implementation of strategic management in village government. The results of this study will play a significant role in helping Village Governments analyze the factors that influence strategic management governance

INNOVATION IN LEADERSHIP AND TEAM PERFORMANCE: EVIDENCE FROM INDONESIA PROPERTY AGENT INDUSTRY

Purwadita, Christianto Prasetyo, Sudiro, Achmad, Mugiono, Mugiono, Idris, Idris

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 2, 08-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

This research aims to examine the role of innovation in the effects of transactional and transformational leadership on team performance at PropNext Reality Indonesia. The sample consist of 90 team members of PropNext Reality Indonesia. To examine the hypotheses and mediation variable, this research used Partial Least Square (PLS) and sobel test online. This research found that all hypotheses tested were positive and significant except the first hypothesis, transactional leadership has no significant effects on team performance. In addition, it also found that innovation can mediate the relationship between transactional or transformational leadership on team performance. These results confirmed and contradicted to the previous studies conducted.

FDI ON ECONOMICS GROWTH; INDONESIA CASE STUDY

Haris, Samsul, Danila, Nevi

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 2, 08-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

FDI is one of the factors that encourage the growth of the economy, especially for developing countries. Indonesia has prepared an economic policy package and a taxation policy for booting the investments, including FDI. This paper investigates whether the FDI is one of the essential instruments to improve the growth of Indonesia economy. Multiple regression with GDP as a dependent variable; and FDI, Trade, Government Expenditure, and Inflation as independent variables are employed. The data is from 1985 up to 2015 period. FDI does not have any impact on GDP, while others variables influence the growth of the economy. It suggests that the goals of FDI, namely technology transfer, development of human resources, are not achieved entirely. It implies that the package of economic policy and taxation are not enough for FDI to have the impact on GDP, but others factors, such as wage rate, labor skills, transport and infrastructure, and property rights, must be developed. 

THE ROLE OF WORKING MOTIVATION AS MEDIATION VARIABLE OF LEADERSHIP AND SPIRITUAL INTELLIGENCE INFLUENCE TOWARDS EMPLOYEES PERFORMANCE

hamid, Wahyuniati

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 2, 08-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

Leadership is trully important in the effort of increasing employees’ performance, as well as high spiritual intelligence which will motivate employees to do their jobs and responsibilities well and correctly, which is expected to be able to increase the performance of employees. Besides, necessity in paying attention to employees is also important. This study aims to analyse the role of working motivation as mediation of leadership and spiritual intelligence influence towards employees’ performance, which was done in the Regional Secretariat of Puncak Jaya Regency. 89 people involved in the present study. Technique employed in collecting the data was based on primer data, by giving questionnaires.by employing the analysis method of partially least square (PLS). It was found that affective leadership is not able to increase the employees’ performance. More effective leadership followed by high working motivation is able to increase the employees’ performance. As well as high spiritual intelligence, it is not able to increase the employees’ performance; on the other hand high spiritual intelligence followed by high working motivation is able to increase the employees’ performance. High working motivation is able to increase the employees’ performance. Therefore working motivation has role as full mediation towards leadership and spiritual intelligence influence towards employees’ performance in the Regency Secretariat of Puncak Jaya Regency.

IMPROVING TRANSPARENCY AND ACCOUNTABILITY OF MSME FINANCIAL STATEMENTS BY USING ACCRUAL METHOD

Risnaningsih, Risnaningsih, Tanuwijaya, Sjheny, Iriani, Nur Ida

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 2, 08-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

Many Micro, Small, and Medium Enterprises (MSMEs) are still carrying out a simple accounting record and have not implemented accrual basis method. It is expected that in the future all MSMEs can make more transparency and accountability report by using accrual method so it can assist MSMEs in applying credit to banks or other investors to increase the business capital. This study was conducted in Malang Regency, Batu City, and Malang City. This study used descriptive qualitative method. The data collection techniques were done by interview and documentation with sampling technique using purposive sampling and snowball sampling. The collected data will be analyzed by interactive analysis method including data reduction, data presentation, and data verification or interpretation. The results showed that the owners of SMEs in managing their finances use simple accounting by using accrual method so that the financial statements produced more accurate than if the owners of MSMEs use cash method. The owners of SMEs do not need to make complete financial statements, they may use three types of financial statements, namely: income statement, balance sheet, and cash flow statement. The income statement is used to find out how much the profit or loss of the MSMEs, the balance sheet is used to find out the assets, liabilities, equity, and cash flow statement is used to find out the changes occurring during the period of operating, investing, and financing activities. These three types of financial statements have already been used by MSME owners as one of the requirements to obtain credit from banks or other investors.

RECONSTRUCTION FROM LOCAL GOVERNMENT INTO VILLAGE GOVERNMENT FINANCIAL ACCOUNTING IN INDONESIA

Matjuri, Matjuri, Suyudi, Muhamad

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 1, 04-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

The research objectives are: (a) adopting local government financial accounting into village government financial accounting, (b) reconstructing the understanding of human resources on implementation of local government financial accounting into the implementation of village government financial accounting, and (c) understanding the capacity of village resources to implement village government accounting. This research uses a qualitative approach. The analytical tool adapted from Freud through (a) observation, effort to build perceptions based on observed observations in the field, (b) interviews, in-depth interviews with informants (to villages and village secretaries), and (c) documentation, declaring and documenting the past events. The findings show that the positive attitude shown by Rappoas government apparatus is followed by positive behavior. It indicates that attitudes and behaviors demonstrated by village government and its apparatus are responsive. All government regulations, both from central government, provincial and local governments and even sub-district government must be followed by below government. The positive attitude of the village as the lowest government level should implement all the laws and regulations.

FACTORS RELATED TO STUDENTS ACHIEVEMENT INDEX OF ACCOUNTING DEPARTMENT AT POLITEKNIK NEGERI SAMARINDA-INDONESIA

Hasiara, La Ode, Surya, Martin, Mersa, Nyoria Anggraeni

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 1, 04-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar |

Abstract

This research purpose is to know and analyze the direct and indirect relationship between pedagogic competence, professional competence, social competence, personality competence, and service competence with student achievement index of Accounting Department at Politeknik Negeri Samarinda-Indonesia. This research uses quantitative approach by using Part Least Quare (PLS) model, with SPSS tool version for Windows 20. This study found a direct and indirect relationship between pedagogic competence, professional competence, social competence, personality competence, and service competence with student achievement index of Accounting Department at Politeknik Negeri Samarinda-Indonesia. It can be concluded that professional competence has a positive and significant effect on campus services provided to students of Accounting Department at Politeknik Negeri Samarinda-Indonesia. Similarly, campus service to students can give a positive and significant effect on index student achievement of Accounting Department at Politeknik Negeri Samarinda-Indonesia. The higher level of campus service can increase of student achievement index directly. It includes competence, professional; personality competence have significant indirect effect on student achievement index of Accountancy students in Politeknik Negeri Samarinda-Indonesia.Keywords: competence, service, student achievement index.