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IJFBP International Journal of Family Business Practices

IJFBP
Website

Published by President University

ISSN : 26217325 EISSN : 26217333 DOI : -

Core Subject : Economy,

Economics, Econometrics & Finance

The International Journal of Family Business Practices (IJFBP) is open access and biannual double-blind peer-reviewed journal. Numerous family enterprises are based around the legend of an entrepreneurial founder who has stood firm in the face of difficulties. The IJFBP widens the scope to look beyond this interrelationship by exploring the creation of family business, which includes the entrepreneurial tenets, mindset, and processes of the family business and its transgenerational sustainability. The scope of the journal covers various sectors including (but is not limited to), retail, tourism, wealth planning, digital business, among others. All the articles published in English. Submissions are open year-round. Before submitting, please ensure that the manuscript is written in English to comply with the focus and scope of IJFBP and follows the guidelines and templates of authors.

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

Articles 47 Documents

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Vendor Selection using Analytical Network Process (ANP) in Heavy Equipment Company M. Yanie Syafei; Anastasya Lidya Maukar; Hening Herziatra
International Journal of Family Business Practices Vol 1, No 1 (2018)
Publisher : Faculty of Business, President University

Using qualitative interviews to understand the mindset of family business leaders in succession, this Supply Chain Management is important in industry. Vendor is the key component in the supply chain flow. A company abbreviated as UTPE is one of the biggest manufacturing companies in Indonesia that produces heavy equipment. The main materials are plates and spare parts that have been supplied by eight vendors. The current system of vendor selection is based on tardiness of delivery time, but every vendor has different frequency of delivery so that it cannot be compared. Therefore, the appropriate criteria and sub criteria are required to create a new system of vendor selection. The criteria and sub criteria are determined based on the previous research and interview with an expert in the company. There are 5 criteria and 17 sub criteria that are approriate for vendor selection. ANP is the development of Analytical Heuristic Process (AHP) by considering dependency between elements of hierarchy. By using ANP, the interdependency between criteria, sub criteria and their weight can be defined. Data collection is done by using observation, interview and questionnaire. Sub criteria long term relationship has the highest weight and vendor abbreviated as GH is the best vendor with score 3.057 of 5.

Moderating Impact of Ownership Structure on Relationship of Equity Market Timing with Capital Structure on Companies Listed on Indonesia Stock Exchange Irni Yunita; Rina Indiastuti; Ria Ratna Ariawati; Erie Febrian
International Journal of Family Business Practices Vol 1, No 2 (2018)
Publisher : Faculty of Business, President University

The purpose of this research is to determine the effect of market to book ratio on leverage change with ownership structure as moderating variable. The research sample is 41 companies in Indonesia Stock Exchange which conducted IPO in 2005 - 2010. The analysis period is five years after an IPO. The independent variable is market to book ratio, the dependent variable is leverage change and control variable is tangibility, profit and size. The moderating variables are managerial and institutional ownerships which included as ownership structure. This research is using data panel regression. The results show that companies in Indonesia pursued the equity market timing strategy because there is a positive effect of market to book ratio into equity issue and negative effect of market to book ratio into leverage change. The results also show that institutional ownership structure moderating the equity market timing. However, managerial ownership does not moderating the equity market timing.

Reviewer Ajay A Chauhan
International Journal of Family Business Practices Vol 1, No 2 (2018)
Publisher : Faculty of Business, President University

Reviewer

Family Comes First: An Investigation on Entrepreneurial Intention among Chinese Indonesian Gen Z Kunthi Afrilinda Kusumawardani; Richard Richard
International Journal of Family Business Practices Vol 3, No 1 (2020)
Publisher : Faculty of Business, President University

Family and education have often been studied by numerous researchers as the factors of entrepreneurs’ creation. The research discusses the influence of background of family and education in entrepreneurship on the entrepreneurial self-efficacy in shaping the entrepreneurial intention among Chinese Indonesian Gen Z. Through the application of the Theory of Planned Behaviour (TPB), this research employed quantitative method design. This current study uses Structural Equation Modelling (SEM) analysis of 202 individuals. The finding indicates that Family Background and Entrepreneurship Education affect Entrepreneurial Self-Efficacy, and Entrepreneurial Self-Efficacy mediates the relationship between Family Background and Entrepreneurship Education in Entrepreneurial Intention. However, Family Background and Entrepreneurship Education do not have direct influences on Entrepreneurial Intention. Based on the finding, it can be determined that Family Background and Entrepreneurship Education will stimulate a high Entrepreneurial Self-Efficacy which leads to Entrepreneurial Intention. Thus, this study suggests the stakeholder in education in Indonesia create an entrepreneurship-based system in the education curriculum to equip students with knowledge of entrepreneurship and develop the skills not only to discover the business opportunity, but also to create a sustainable one, and at the same time encouraging them to have self-confident in their capability in becoming thriving entrepreneurs. While the finding on Family Background signify that entrepreneurs are nurture, not nature since they need to be stimulated along with Entrepreneurship Education and Self-Efficacy. The limitation of this study lies in the size of the sample, thus future research is recommended to take a larger sample to get more representable data to envisage the Entrepreneurial Intention. This study provides an insight into the Entrepreneurial Intention among Chinese Indonesian Gen Z which has never been investigated in the past. Additionally, it contributes the empirical evidence of Entrepreneurial Self-Efficacy role in transforming Family Background and Entrepreneurship Education into Entrepreneurial Intention.

Factors Influencing Social Entrepreneurial Intention: A Case of Private University in Bekasi Anggraeni Permatasari; Garry Doohan; Muhammad Setiawan Kusmulyono
International Journal of Family Business Practices Vol 3, No 2 (2020)
Publisher : Faculty of Business, President University

This research analyses the influence of emotional intelligence, self-efficacy, attitude, and subjective norms towards social entrepreneurial intention in University students. Quantitative research was chosen to conduct this research. Two hundred five respondents responded were participated in this research. Multiple Regression analysis was utilized as a statistical tool analysis to test the hypothesis. This study found a significant influence between emotional intelligence, self-efficacy, attitude, and subjective norms towards social entrepreneurial intention (simultaneously). This research also defines which factors influence students to engage on social entrepreneurship projects in the context of private university.

Analysis Factor Of Saving Behavior Of An Indonesian For Emergency Fund During Covid-19 Pandemic Roy Poan; Febby Permatasari; Farida Komalasari
International Journal of Family Business Practices Vol 4, No 1 (2021)
Publisher : Faculty of Business, President University

Purpose – The objective of this study is to find whether the independent variable, which is financial literacy, attitude towards saving, subjective norms, family socialization has a significant impact on the mediating variable, which is saving intention during the pandemic situation. Researchers also intrigues to find whether saving intention has a significant impact on the dependent variable which is saving behavior in Indonesia at current pandemic.Design/methodology/approach – This research study was conducted using a quantitative method using probability sampling, in which the primary data was collected from the questionnaire filled by 312 Indonesian from age >17 to <51 years old (productive age). The questionnaire was analyzed using validity and reliability test. The validity and reliability test found that all questions (30 questions) are valid and reliable and can be processed further. The hypotheses and research model of this study were tested using Structural Equation Model.Findings – The results of the survey show that saving intention is affected by saving behavior. In addition, saving intention is influenced by the attitude towards saving, subjective norm, family socialization. Moreover, the financial literacy toward saving intention is not related.Originality/value – The originality of this study is the first research integrating financial literacy, attitude towards saving, subjective norm, and family socialization, mediating by saving intention toward saving behavior in Indonesia

The Largest European Blackberry Producer: A Research Case Study on Entrepreneurship and Family Business Ajay A Chauhan; Alfonso Vargas-Sánchez; María Moral-Moral
International Journal of Family Business Practices Vol 1, No 1 (2018)
Publisher : Faculty of Business, President University

The present paper is based on a field research on the evolution of a saga of family entrepreneurs in Spain, with four generations involved. From the modest beginnings of a canned tomato factory, longer than a century ago, the case explains its transformation up to the current reality of being recognized as the largest blackberry European producer, named ‘Agrícola El Bosque’. Through the personal experience of its main characters, the case displays the very different stages through which this entrepreneurial family has traveled, especially the keys to the successful development of ‘Agrícola El Bosque’, including the last major project that has promoted, based on a process of cooperation with other berries producers in the area. This commercial alliance, branded as 'Plus Berries', leads us to reflect on the future of the growth model followed until now by this family business. On the foundations of this case, some lessons can be extracted and shed light on particular aspects of the scientific literature on family business management, as well as on how entrepreneurial spirit can be fed and flourish at the heat of the development and consolidation of a cluster of companies in an industry.

List of Authors and Profile Ajay A Chauhan
International Journal of Family Business Practices Vol 1, No 1 (2018)
Publisher : Faculty of Business, President University

Authors

Case Study of Recruitment and Selection of Employees in the Family Businesses of Tasikmalaya Dedi Rianto Rahadi; Pandu Cakranegara; Genoveva Claudia
International Journal of Family Business Practices Vol 1, No 2 (2018)
Publisher : Faculty of Business, President University

Human resource planning within a company includes policies such as recruitment and selection, compensation, performance appraisal, career development, and training and development. Recruitment and selection process becomes the main factor to do professional human resources. The purpose of this research is to know how the concept of recruitment and selection model on family business in small and medium enterprise sector. The object of research is small and medium business in Tasikmalaya city in handicraft sector. The research method used qualitative and data collection through triangulation method where researchers examine the interrelated phenomena from different perspectives. The results showed that family emotional relationship factors often affect the recruitment and selection process of employees. Moreover, Incompetent recruitment and selection models will threaten the performance and even the existence of the company. The poor management of human resources in the family company will have negative impacts such as the outbreak of conflict, the unfavourable working situation, the development of various intrigues, and the high level of employee turnover will ultimately impact on the performance of the company.

Motivation and Retention of Teachers in a Family Business in Education A Case Study from South Asia Umair Ahmed; Waheed Ali Umrani; Ajay A. Chauhan
International Journal of Family Business Practices Vol 1, No 2 (2018)
Publisher : Faculty of Business, President University

The case describes the professionalization, especially, the motivation and the commitment issues faced by Pioneers` School & College, a private family-run business in an emerging Asian economy of Pakistan. The case sheds light on the initiatives taken by the School’s Principal in this regard which resulted in the development of a unique teacher training program named, TeacherNurturing Program (TNP). At the core, the case focused on the training and development aspect of human resource management to motivate and retain the good teachers and improve quality of teaching standards. The case provides an opportunity for students to reflect upon the need for schools like Pioneers` to competitively act and introduce employee training and learning programsto maintain teachers’ motivation and commitment issues as well as to improve the school image through higher quality standards.

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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 -

Journal Mail Official shihab@president.ac.id

Editorial Address http://e-journal.president.ac.id/presunivojs/index.php/IJFBP/about/editorialTeam

Location Kota bekasi, Jawa barat INDONESIA

Abstract

Abstract

Abstract

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Abstract

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Abstract

Contact Name
Mohammad Shihab

Contact Email
shihab@president.ac.id

Phone
-

Journal Mail Official
shihab@president.ac.id

Editorial Address
http://e-journal.president.ac.id/presunivojs/index.php/IJFBP/about/editorialTeam

Location
Kota bekasi,

Jawa barat

INDONESIA