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DIJB (Diponegoro International Journal of Business)
Published by Universitas Diponegoro
ISSN : 25804987     EISSN : 25804995     DOI : -
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
Diponegoro International Journal of Business (DIJB) is a biannually peer-reviewed journal issued by Department of Management, Faculty of Economics and Business, Universitas Diponegoro. DIJB aims to be the media for publishing empirical issues related to business studies. DIJB invites manuscripts in the various topics, but not limited to, functional areas of management, including marketing management, finance management, operation management, human resource management, innovation management, knowledge management, organizational behavior, organizational development, and change management.
Arjuna Subject : -
Articles 77 Documents
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Implementation of servant leadership in profit and non-profit context: is it different? Diah Astrini Amir; Claudius Budi Santoso; Rasistia Wisandianing Primadineska
Diponegoro International Journal of Business Vol 4, No 1 (2021)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.4.1.2021.1-7

Abstract

The purpose of this study is to examine the differences between servant leadership (SL) in the profit and non-profit organization sectors. This study also examines the effectiveness of SL on the subordinate performance in profit and non-profit organizations. A total of 254 subordinates from profit and non-profit organizations participated in this study. This study used non-probability sampling, purposive sampling technique. This study uses MANOVA to examine the differences between SL in profit and non-profit organizations and uses simple regression to examine the effect of SL on employee performance. The results of the study report that there are no significant differences between servant leadership in profit or non-profit organizations. Servant leadership also consistently has a positive and significant effect on subordinate Organizational Citizenship Behavior (OCB) for both profit and non-profit organizations. This research was measured using perceptions of subordinates and using a quantitative approach. The early emergence of SL was associated with religious organizations (non-profit) so that SL was attached to leadership that was more appropriate in non-profit organizations. However, some argue that SL effective in the profit organization sector. This study is expected to provide empirical evidence regarding the application of servant leadership in profit vs non-profit organizations in servant leadership studies.
Analysis of factors affecting profitability of sharia commercial banks: evidence from Indonesia Adhi Widyakto; Sugeng Wahyudi
Diponegoro International Journal of Business Vol 4, No 2 (2021)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.4.2.2021.95-104

Abstract

The purpose of this research is to find out the consequences of CAR, LDR, NIM, and FDR on the Profitability of Islamic Commercial Banks in Indonesia in the 2015 - 2019 period. Profitability is proxied by ROA as a measure of the amount of profit generated. The sample used in this study is Islamic commercial bank in Indonesia, which has quarterly reports in the 2015 - 2016 period. The number of samples used is 18 banks which are taken by purposive sampling method. The analytical method of this study uses multiple linear regression with the SPSS 25 program which previously had passed the classical assumption test. The results of this research show that CAR has a good and significant impact on ROA. LDR has a bad and significant impact on ROA. NIM has a good and significant impact on ROA. FDR has a good and significant impact on ROA.
Social media influencer and brand loyalty on generation Z: the mediating effect of purchase intention Puput Alvhyona Pinto; Eristia Lidia Paramita
Diponegoro International Journal of Business Vol 4, No 2 (2021)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.4.2.2021.105-115

Abstract

Influencer marketing has become a new method of promoting a product or brand. The marketers believe that implementing influencer marketing appropriately may form a positive customer view of a product or brand so it can bring customers loyalty on the brand. This study aims to investigate the effect of influencers on brand loyalty of Generation Z with purchase intention as a mediating variable. Generation Z is a generation that is very close to technology even most of their life is spent to playing with social media. By expecting a marketing strategy that is close and easily accessible to generation Z, can create purchase intentions and loyalty at lower cost. The population is the Instagram users in Indonesia. Purposive sampling was used in this study by taking 200 samples. This research was conducted using path analysis and Sobel test to see the indirect effect. Before the path analysis is carried out, the reliability, validity and classical assumption tests are carried out first to see if the data obtained is appropriate for further analysis.  The result show that social media influencers can influence generation Z brand loyalty and purchase intentions are able to mediate social media influencers and generation Z brand loyalty.
Job insecurity, subjective well-being and job performance: the moderating role of growth mindset Epic Anung Anindita Setjo; Rosaly Franksiska
Diponegoro International Journal of Business Vol 4, No 2 (2021)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.4.2.2021.116-125

Abstract

This study aims to analyze the impact of job insecurity on subjective well-being and the impact on job performance, with a growth mindset as the moderating variable.  The COVID-19 pandemic has been running for more than 1 year and this research was conducted during the pandemic period. Due to the COVID-19 pandemic, many companies and other units were adversely affected so that the companies’ performance declined, PT Armada Finance is one of those. Therefore, this study expected that job insecurity influences subjective well-being, and subjective well-being influences job performance. Furthermore, a growth mindset is also expected to have a moderating influence on the subjective well-being of the employees to increase job performance. The results of regression and moderated regression analysis (MRA) on 75 samples collected from employees of PT Armada Finance company in Magelang, Central Java, Indonesia, show that job insecurity does not influence subjective well-being. The result also shows that subjective well-being has a positive influence on job performance. In addition, this study also suggests that having a growth mindset could be moderating subjective well-being to increase job performance.
Comparison analysis of Altman's and Foster's Z-score model in predicting bankruptcy: evidence from Indonesian automotive and component industries Wahyudi Nurmansyah; Afdal Mazni; F Febriyanto
Diponegoro International Journal of Business Vol 4, No 2 (2021)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.4.2.2021.126-135

Abstract

The purpose of this study is to determine differences in bankruptcy predictions of the Altman and Foster models. The sampling technique used is purposive sampling with an observation period of 2016-2018 with 12 company samples per year. The analysis technique uses the Altman and Foster method with the paired two-sample t-test as a hypothesis test tool. Based on the results of the Altman and Foster Z- Score model of automotive and component industries in 2016-2018 it can be concluded that the financial model of Altman and Foster can predict bankruptcy. Furthermore, the hypothesis testing found that there is no differences in the results of the Altman and Foster bankruptcy prediction.
Understanding consumer purchase intention to purchase sustainable fashion: the moderating role of gender perception Melvina Adeline Tjokrosoeharto; Eristia Lidia Paramita
Diponegoro International Journal of Business Vol 4, No 2 (2021)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.4.2.2021.136-146

Abstract

The growing trend of sustainable fashion products has put the company to deal with the challenge of gender perception in quality, design, and price since fashion is consumers’ self-presentation of personality and taste. This study aims to examine the influence of sustainable fashion products to consumer purchase intention with gender perception as the moderating role. Results of moderated regression analysis (MRA) on 267 samples suggests that sustainable fashion product has a positive influence toward consumer purchase intention and the gender perception significantly moderates the Indonesian consumer purchase intention. Additionally, this study gained information that respondents were well aware with the effort of sustainability in fashion, and it believed can protect the environment.
The dark side of perceived corruption: Mediating mechanism between love of money and evil behavior Ikhsan Maksum; Mega Noerman Ningtyas
Diponegoro International Journal of Business Vol 5, No 1 (2022)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.5.1.2022.12-23

Abstract

Many studies about unethical behavior (evil behavior) in the workplace have underlying various research related to love of money and perception of corruption as in this research. One of the main ideas that emerged is “The love of money is a root of all kinds of evil” Timothy, 6:10. In most studies, there is a gap and lack of prior research involving the mechanism of indirect effect between the love of money behavior and unethical behavior in public sector institutions. In this research, we focus on the role of mediation between the perception of corruption and love of money toward unethical behavior. The researcher spread the questionnaire for obtained 149 respondents who are an employee from the public sector institution. Meanwhile, the research method that we use is a quantitative study, which allows for doing the study with a fast time and broad generalizability. We find that perception of corruption could partially mediate the effect between the love of money and unethical behavior in public sector employees. This study proves that employees who work in public sector institutions have a corruption perception that can trigger evil behavior.  employees who have a strong orientation towards money are more likely to try to earn more money to enrich themselves, and then employees engage in unethical behavior.
[RETRACTED] Corporate governance, capital structure, and performance in family and non-family firms Tyara Dwi Putri; Purbo Jadmiko; Neva Novianti; Giralda Triyani Arista
Diponegoro International Journal of Business Vol 5, No 1 (2022)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.5.1.2022.24-32

Abstract

This article was retracted due to the following reasons. A retraction announcement will be made in Vol 6 (1), 2023. RETRACTION TO:Putri, T. D., Jadmiko, P., Novianti, N., & Arista, G. T. (2022). Corporate governance, capital structure, and performance in family and non-family firms. Diponegoro International Journal of Business, 5(1), 24-32. https://doi.org/10.14710/dijb.5.1.2022.24-32This article has been retracted by Publisher based on the following reason:Letter to Editor from Dr. Dedi Iskamto (Managing Editor of ADPEBI International Journal of Business and Social Science/AIJBS) reported that he found a dual publication for this paper with the paper that was also published in AIJBS Vol. 2 (1), 2022. After a careful review, we found that the papers have a very significant similarity. Even the data and analysis are exactly the same. We then sent a letter to the corresponding author and the editor of AIJBS asking for clarification. Based on our correspondence with the corresponding author, she admitted that prior to the submission to our journal, they already made a submission to the AIJBS, but she argued that she had withdrawn the submission before submitting it to our journal. However, our communication with the editor of AIJBS made it clear that the author never formally requested withdrawal. Even after the editor sent the acceptance letter, the editor never received a withdrawal, so they assumed that the author agreed to process the publication. Furthermore, when we asked the author to send proof of withdrawal prior to submission to our journal, she failed to provide sufficient evidence.Based on the communication with the corresponding author and the editor of AIJBS, we conclude that the authors made misconduct, particularly by creating a double submission. The academic community takes this kind of misconduct as a very serious issue. Furthermore, it is clearly mentioned in our author guidelines that "DIJB cannot accept an article if it is not the author's original work, has been published before (a conference paper could be accepted if it has been revised so that it is significantly different), or is currently under consideration for publication in another journal." Therefore, we decided to retract this paper.Apologies are offered to readers of the journal that this was not detected during the submission process. We have conducted careful measures to minimize this misconduct happened by doing a plagiarism screening using Google-based search engines after receiving a submission. However, since we received the paper before it has been published in AIJBS, this made us difficult to detect this misconduct.
Investigating the antecedents and outcomes of work-life balance: evidence from garment industries in Indonesia Sari Wahyuni; Dian Rahmasari
Diponegoro International Journal of Business Vol 5, No 1 (2022)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.5.1.2022.1-11

Abstract

The garment industry is one of the main contributors to Indonesia's GDP. However, work-life balance has become a crucial issue for workers in this industry. This study aims to investigate the antecedents and outcomes of work-life balance among workers in the garment industry. More specifically, we examine the effect of asset ownership and working conditions (health conditions, compensation, and working hours) affect work-life balance. Furthermore, we also examine the effect of work-life balance on job satisfaction, life satisfaction, and turnover intention. We collected data using a survey of 3691 garment workers in Central Java, West Java, DI Yogyakarta, DKI Jakarta, and Banten. The analysis shows that work-life balance could increase workers' life satisfaction and job satisfaction. Interestingly, health condition is found out to be the important variable that could   improve work-life balance significantly. 
Analysis of investment strategy in Indonesian consumer goods industry: Benjamin Graham's approach Aditya Achmad Rakim; Mohammad Iqbal; Isra Misra
Diponegoro International Journal of Business Vol 5, No 1 (2022)
Publisher : Department of Management | Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/dijb.5.1.2022.57-69

Abstract

Shares price fluctuations cause investors to take irrational actions. An assessment of investment valuation is needed to deal with market fluctuations so as to reduce investment risk. Benjamin Graham Formula is an investment strategy by comparing the fair value of the shares with the shares price to help investors in making investment decisions. Benjamin Graham's value investing strategy is a strategy of valuing shares whose actual value is higher than market value, thereby finding significant returns over the long term. This research is quantitative descriptive. Based on the selection criteria for the Benjamin Graham method, the researcher suggests buying ADES shares. The firms share price is currently undervalued. CEKA shares have an undervalued value, this can be used as an alternative consideration in making investment decisions.

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