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FIRM: Journal of Management Studies

FIRM-JOURNAL
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Published by President University

ISSN : 25275852 EISSN : 25413473 DOI : 10.33021/firm

Core Subject : Economy, Science, Social,

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

FIRM: Journal of Management (Print ISSN: 2527-5852; Online ISSN 2541-3473) is a scientific journal in the field of management that publishes scientific writings on pure and applied research as well as general commentaries on the development of theories, methods and related applied sciences. The FIRM journal is published biannually, in March and September, and has a scope relevant and related (but not limited) to aspects of marketing & tourism, entrepreneurship, financial management, human resources management, organizational behavior, consumer behavior.

Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Strategi dan Menejemen

Articles 130 Documents

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Pengaruh Kepemimpinan dan Disiplin Kerja terhadap Efektivitas Kerja Karyawan PT. Erza Nusa Indonesia Gresik Nur Cahyadi
FIRM Journal of Management Studies Vol 1, No 2 (2016): FIRM JOURNAL OF MANAGEMENT STUDIES
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/firm.v1i2.105

Effectiveness of the work of employees is not less important than the role of a leader or also urgently needed in an organization in order to achieve the result of work effectively and efficiently. This study aims to find, test and analyze the effect of leadership and discipline to the effectiveness of employees of PT. Erza Nusa Indonesia Gresik. This research is explanatory research using a quantitative approach. Population and also sample in this study were all employees of PT. Erza Nusa Indonesia Gresik were 67 people. This study uses the leadership and discipline as an independent variable, while the effectiveness of the work as the dependent variable. Analysis of the data in this study using SPSS version 21. The samples used were all employees of PT. Erza Nusa Indonesia Gresik de Ngan number of 67 respondents using total sampling method. On testing partially (t test) got those two variables have a significant influence on the effectiveness of the work. Where the significance probability value leadership variable (X1) of less than 0.05 is for 0000 with a beta value (β) of 0701, as well as work discipline variables (X2) is less than 0.05 is equal to 0.031 with a beta value (β) of 0302. To test result analysis based on F test conducted showed that leadership and discipline simultaneously or together have a positive significant impact on the effectiveness of employees of PT. Erza Nusa Indonesia Gresik.

The Influence of Financial Literacy Towards Financial Behavior and its Implication on Financial Decisions: A survey of President University Students in Cikarang - Bekasi Suresh Kumar; Christalita Watung; Josephine Eunike; Lusianna Liunata
FIRM Journal of Management Studies Vol 2, No 1 (2017): FIRM JOURNAL OF MANAGEMENT STUDIES
Publisher : President University

ABSTRACT Financial literacy consists of financial knowledge, financial attitudes, and financial behavior. To be financially literate is important in order to make a good financial decision. Young adult especially college students are facing tough financial decision in today’s demanding financial environment which will affect their financial behavior. This research objective is to find out the influence of financial literacy on financial behavior and how financial behavior influences on financial decision among college students. The research applied quantitative method with 337 samples as respondents taken from President University students. This research applied convenience sampling technique. The results of this research show that there’s a significant relation between financial literacy to financial behavior and from financial behavior to financial decision. Since parents are the first people for the children, they should give good understanding about financial matter towards their children that may affect to children’s financial behavior and the decision that will be made later in the future. Education institution may consider about students’ ages and economy status in making financial education program. Hence, it will be more effective to increase financial literacy among college students. Due to its limitation, it is recommended for future researchers to add more variables such as race, religion, and culture to have deeper understanding about financial behavior in its implication on financial decision of college students.Keywords: financial literacy, financial behavior, financial decision

HOW ATTITUDINAL AND BEHAVIOURAL LOYALTY IS FORMED? A CASE OF GARUDA INDONESIA’S CUSTOMER SATISFACTION Kunthi A. Kusumawardani; Veronica Elsya; Suresh Kumar
FIRM Journal of Management Studies Vol 2, No 2 (2017): FIRM JOURNAL OF MANAGEMENT STUDIES
Publisher : President University

The purpose of this research is to examine service quality and perceived price fairness in airline industry and how these variables influences customer satisfaction and attitudinal and behavioural loyalty. The research is based on the sample of 304 Garuda Indonesia’s customers who have completed 37 questions questionnaire. This research uses Structural Equation Modelling (SEM) to analyse the responses. The research concludes that tangibility, assurance, and empathy are factors in service quality that significantly influence customer satisfaction. Furthermore, customer satisfaction and perceived price fairness also influence attitudinal and behavioural loyalty. This research is limited on the evaluation of Garuda Indonesia airlines among Indonesian passengers. Thus, this research cannot be generalised to the other airline passengers, in Indonesia or other countries. This research provides the first insight of Indonesian national airline, Garuda Indonesia, especially in the terms and relationship of perceived price fairness, customer satisfaction, and attitudinal and behavioural loyalty.

Enterprise Risk Management In Banking Industry Christina Liem
FIRM Journal of Management Studies Vol 3, No 1 (2018): FIRM JOURNAL OF MANAGEMENT STUDIES
Publisher : President University

Enterprise Risk Management (ERM) in banking industry is a rare topic in academic research, even though ERM implementation becomes new regulation from the banking regulators since year 2014. The purpose of this study is to examine ERM implementation during the early stage of the ERM implementation regulation in Indonesian, especially its impact towards bank performance and vice versa. This study focuses on all 4 (four) state-owned commercial banks in Indonesia though a descriptive explanatory study and data panel GLS simple regression by STATA MP-64. This study employs ERM Index (Gordon et al, 2009) as a proxy of ERM implementation; and bank performance is presented by 3 (three) proxies: NIM, ROAA, and EM. The findings show that 75% of state-owned commercial banks have positive ERM Index, and also, they have the different maturity stage of ERM implementation. Moreover, this study identifies that ERM Index has positive significant impact towards ROAA and vice versa; ERM Index has positive but insignificant impact towards NIM and vice versa; and ERM index has positive but insignificant impact towards EM. As a conclusion, this study proposes to all commercial banks in Indonesia should implement ERM seriously implement because it has been proven that ERM implementation delivers positive impact towards bank profitability and it transmits a positive signal to shareholders.

The Influence of Budgeting System, Organizational Culture, and Firm Size to Performance Mochamad Muslih
FIRM Journal of Management Studies Vol 3, No 2 (2018): FIRM Journal of Management Studies
Publisher : President University

There are inconsistencies in past research results regarding the impact of budgets on performance. Some studies concluded that budgeting process had significant effect on performance, but some studies didn’t. The purpose of this study is to determine the influence of budgeting system on performance.This research used quantitative research method. Organizational culture and firm size are added as control variables. The population of this research are companies listed at Bursa Efek Indonesia classified as LQ45. The samples of research are companies classified as LQ45 taken randomly.The results showed the budgeting process has significant effect on firm performance but with different sign. It means that budgeting process gives negative effect to firm performance. Organizational culture and firm size have significant positive effect on firm performance.

Tingkat Keuntungan Bank di Indonesia setelah Krisis Subprime 2008 di Amerika Serikat Pandu Adi Cakranegara
FIRM Journal of Management Studies Vol 3, No 2 (2018): FIRM Journal of Management Studies
Publisher : President University

Subprime Mortgage in America has a wide impact on the world including Indonesia. The researcher examines its relationship with banks in Indonesia. The economic downturn in the United States will have an impact on the global economic downturn. Thus, the Indonesian economy will also be affected. If there is an economic downturn, the financial sector in this case is represented by the banking sector, which will first decrease its value. The analysis used uses the method of analyzing financial statements. Based on the data from the Audited Financial Report, the banking sector growth and operational performance can be analyzed. The results found were the linkage of Du Pont's Stock Returns and ROE. High ROE will result in rising stock prices on the market. Nevertheless, market appreciation for each bank is not the same because there are banks that are more appreciated by the market or conversely there are banks that are not appreciated as high as other banks.

CRITICAL REVIEW: EFEK DARI HETEROGENITAS BOARD CAPITAL TERHADAP STRATEGIC CHANGE Jean Richard Jokhu
FIRM Journal of Management Studies Vol 4, No 1 (2019): FIRM JOURNAL OF MANAGEMENT STUDIES
Publisher : President University

Many board of directors research was dominated by director diversification. In this study the researcher try to explore Hayman and Hilman (2010) research that enforce board of directors diversification as on of competitive advantage of the firm that strengten firm performance. Using strategic management lenses we provide new perspective and also adding change management as one of the outcome of direction diversification.

DETERMINANT FACTORS OF INDONESIAN MILLENNIALS’ REVISIT INTENTION: A CASE OF LABUAN BAJO Farida Komalasari; Eko Ganiarto
FIRM Journal of Management Studies Vol 4, No 2 (2019): FIRM JOURNAL OF MANAGEMENT STUDIES
Publisher : President University

In an effort to increase the number of foreign tourists to Indonesia, the government has set Labuan Bajo as one of the four priority tourist destinations, in addition to Lake Toba, Borobudur and Mandalika. Of the four priority areas, Labuan Bajo is the region with the least number of tourist visits, even though Labuan Bajo has its own uniqueness with its Komodo (giant lizard). Therefore a study of the determinants of revisit to Labuan Bajo, especially for millennial groups, is needed. The main purpose of this study is to determine the determinants factors of the revisit intention of the Indonesian millenials to Labuan Bajo. This research is a quantitative study by interviewing 155 respondents of millennial visitors to Labuan Bajo, who were selected by snowball sampling. The research data was processed and analyzed using the SEM (Stuctural Equation Model) model. The results of the study show that new experiences, new knowledge (push factors), historical values, local values and travelling values (pull factors) influence the destination satisfaction. Furthermore, the destination satisfaction affected the revisit intention to Labuan Bajo.Keywords: push factors, pull factors, tourist satisfaction, revisit intention, Labuan Bajo

ANALISIS FAKTOR KEBERHASILAN PEMBERDAYAAN KADER POSYANDU SEBAGAI INTRAPRENEUR MELALUI INOVASI PRODUK BIMA-X BERBASIS CREATIVE ENTERPRENEUR Eka Srirahayu Ariestiningsih; Dwi Faqihatus Syarifah Has
FIRM Journal of Management Studies Vol 5, No 1 (2020): FIRM JOURNAL OF MANAGEMENT STUDIES
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/firm.v5i1.927

Posyandu merupakan salah satu unit pelayanan kesehatan yang berbasis pada masyarakat guna pengembangan sumber daya manusia secara dini dan sarat dengan upaya pemberdayaan masyarakat. Pemberdayaan kader posyandu dalam rangka peningkatan ekonomi produktif adalah semua kegiatan yang bersifat ekonomis dan produktif yang dikelola kader posyandu dalam skala mikro dan berbasis creative enterpreneur. Berdasarkan pada penelitian dan pengabdian masyarakat sebelumnya tentang efektifitas BIMA-X, maka peneliti bertujuan untuk menganalisis faktor faktor yang berpengaruh pada keberhasilan pemberdayaan kader posyandu melalui Inovasi Produk Bima-X (Biscuit PMT and Moringa Oleifera Leaf Xtract) Berbasis Creative Enterpreneur. Sample penelitian adalah Kader Posyandu Kelurahan Randuagung sebanyak 32 orang, dan sample diambil secara purposive sampling. Pengumpulan data dilakukan dengan tehnik kuesioner, wawancara dan telaah dokumen. Analisa data menggunakan uji regresi linier berganda. Hasil penelitian diketahui bahwa nilai Sig adalah sebesar 0,000. Karena nilai sig. < 0,05, maka sesuai dengan dasar pengambilan keputusan dalam uji F dapat disimpulkan bahwa hipotesa diterima atau dengan kata lain Komunikasi (X1), Sumber Daya (X2), Modal/ Fasilitas (X3) dan Jejaring (X4) secara simultan terhadap Keberhasilan Pemberdayaan Kader Posyandu dan variabel independent yang berpengaruh terhadap keberhasilan Pemberdayaan Kader Posyandu adalah Sumber Daya (X2) dengan sig. < 0,05 yakni 0,000. Adanya pengaruh beberapa faktor terhadap keberhasilan pemberdayaan masyarakat diharapkan tidak hanya dilakukan di kelurahan Randuagung tapi juga dilakukan di daerah lainnya, terutama daerah dengan status ekonomi dan status gizi nya masih rendah sehingga dapat bersinergi dengan program pemerintah daerah Gresik. Keywords: Pemberdayaan, Kader Posyandu, Inovasi produk, Intrapreneur, Creative enterpreneur

THE INFLUENCE OF ENTREPRENEURIAL CULTURE IN INDONESIA TOWARDS BUSINESS STUDENTS’ INTENTION TO BE AN ENTREPRENEUR Agus Deva Adhikusuma; Genoveva Genoveva
FIRM Journal of Management Studies Vol 5, No 1 (2020): FIRM JOURNAL OF MANAGEMENT STUDIES
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/firm.v5i1.887

Human capital in Indonesia is still lack of entrepreneur which is only 3.31% became an entrepreneur in 2018, this is still lower from World Bank standard that a country should have more than 4% entrepreneur from the total population within a country. This study aims to find out the influence between education, family background, subjective norm, and perceived behavioral control towards entrepreneurial intention to faculty of business students in the Jabodetabek area. The primary data in this study was gathered by distributing 186 survey questionnaires for faculty of business students in Jakarta, Bogor, Depok, Tangerang, and Bekasi (Jabodetabek) areas. This research used survey method through questionnaires, such as assumption analysis and multiple regression. The result showed Subjective Norm has no significant influence on entrepreneurial intention. Education, Family Background, and Perceived Behavioral Control have significant influences toward Entrepreneurial Intention. This research also found that all independent variables simultaneously influence on Entrepreneurial Intention. Adjusted R square is 0.460, it means that 46% changes independent variable (Entrepreneurial Intention) is influenced by independent variables such as education, family background, subjective norm, and perceived behavioral control. This is recommended for business students in Indonesia especially the Jabodetabek area should more confidence with their capabilities and have a positive mindset to become entrepreneurs.

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Mohammad Shihab

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Jalan Ki Hajar Dewantara Kota Jababeka, Cikarang, Bekasi 17550

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Jawa barat

INDONESIA

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Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name Mohammad Shihab

Contact Email shihab@president.ac.id

Phone +6281280255415

Journal Mail Official -

Editorial Address Jalan Ki Hajar Dewantara Kota Jababeka, Cikarang, Bekasi 17550

Location Kota bekasi, Jawa barat INDONESIA

Abstract

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Contact Name
Mohammad Shihab

Contact Email
shihab@president.ac.id

Phone
+6281280255415

Journal Mail Official
-

Editorial Address
Jalan Ki Hajar Dewantara Kota Jababeka, Cikarang, Bekasi 17550

Location
Kota bekasi,

Jawa barat

INDONESIA