Vol. 5 No. 2 (2024)

Abstract

This study examines the influence of innovation strategy on sustainable competitive advantage through a functional innovation approach, innovation process, and innovation system. This research utilized survey data conducted on MSMEs in Yogyakarta with a total sample of 95 respondents. In order to answer the research hypothesis, this study employed the Partial Least Square Structural Equation Modeling (PLS-SEM) analysis tool using SmartPLS tools. The results of the study indicate that there is an influence of innovation strategy on the innovation process and system, as well as the influence of the innovation process and system on sustainable competitive advantage. This research has contributed to the development of innovation strategies in building sustainable competitive advantage in MSMEs.

Abstract

This study aims to examine the effect of The Fed, Inflation and Total Cash Flow on stock prices in the technology sector listed on the Indonesia Stock Exchange for the period 2018-2022. The type of data used in this study is panel data using quantitative methods. The research sample involved six technology companies. Data is collected using company financial reports and macroeconomic data from official sources. The results showed that the Fed and inflation have a negative influence on stock prices. Meanwhile, total cash flow has a positive and significant effect on stock prices.

Abstract

In managing Human Resources in a company, a leader must be able to handle the phenomenon of turnover intention. Turnover intention is a problem that arises in an organization involving the desire to leave employees. The turnover intention that occurs indicates low employee loyalty and a weak managerial system in the company. This research aims to examine the influence of job satisfaction variables on the turnover intention phenomenon and examine the role of financial compensation variables in moderating the influence of job satisfaction variables on the turnover intention phenomenon. The type of research used in this research is explanatory research. Sampling in this research was carried out using a purposive sampling technique or non-random sampling technique. The sample in this study involved 90 employees at PT. HM Sampoerna Semarang, all of which met the criteria to be used as samples. The data source in this research is primary data in the form of a questionnaire. The type of data in this research is cross section. In the research, it was found that the job satisfaction of each employee is relatively high, one of the factors that triggers turnover intention in this company is job satisfaction. The research results show that there is an influence between job satisfaction variables on turnover intention, and financial compensation cannot be a moderating variable or a supporting factor in the influence of job satisfaction on turnover intention at PT. HM Sampoerna Semarang.

Abstract

Laundry in the present era is concurrent with the increasing competition in similar businesses. In terms of advertising and service quality, customers have various options for different laundry services. Consistent marketing and high-quality services will result in satisfied customers. Customers will be more satisfied when a business meets or exceeds their needs. This largely depends on how well the staff members perform their tasks. Therefore, KEN'Z Wash House emphasizes greatly on evaluating the effectiveness of services to customers, determined by customer feedback. By providing surveys for customers to fill out, KEN'Z Wash House hopes to measure the level of customer loyalty. Survey questions have a strong correlation with promotion and the quality of services provided from the perspective of perceived customer loyalty. Findings from these surveys will be analyzed to determine the extent of the impact of price reductions on social media and consistently high-quality services. By understanding how well KEN'Z Wash House services relate to customer loyalty, the company can gain deeper insights into its customers' opinions regarding discounts offered through social media and the quality of services provided by its staff. This will enable the company to develop strategies that effectively enhance future performance and win back loyal customers.

Abstract

This research focused on an in-depth analysis of the implementation of payroll accounting and wage system in TK Aisyiyah Bustanul Athfal and its impact on school internal control. Using descriptive approaches and qualitative methodologies, data were collected through various techniques such as documentation, observation, and interviews. The findings of this study show that although the payroll and wage systems implemented have proven relatively effective, there are still significant shortcomings regarding administrative tasks, the use of documents, and accounting records. The implications of this study highlight the urgency to continuously improve the payroll accounting system to strengthen internal control at TK Aisyiyah Bustanul Athfal. These corrective measures should prioritize optimizing administrative processes and maintaining more accurate and detailed accounting records, thereby ensuring compliance with applicable internal control standards. The study provides valuable insights into the development of financial and human resource management strategies in an educational environment.

Abstract

The responsibility of the village government is to enforce accountability to the community. If there are irregularities in the management of village funds, the community's trust in the village government could decrease. The aim of this research is to examine the impact of various factors that influence the accountability of village fund management. The population in this study was from all villages in the districts of Skanto , Arso , Arso Barat, and Mannem. The sampling process uses purposive sampling, namely selecting village officials involved in managing village funds. This group consists of the village head, secretary and treasurer. Primary data collection was carried out through distributing questionnaires which were given directly to respondents. Multiple linear regression is a statistical tool used for data analysis. Next, the data is processed using SPSS 26.0 software. Based on research, the effectiveness of village officials and internal control systems is known to have a positive impact on the accountability of village fund management. In contrast, leadership and integrity systems do not appear to have a significant influence.

Abstract

This research examines the influence of transformational leadership and work culture on work commitment and its implications for the performance of village fund managers on Flores Island, East Nusa Tenggara. The research method used is quantitative research with an explanatory survey approach. Data was collected through interviews, observation, and questionnaires with a Likert scale. Respondents are village fund managers from 6 districts on Flores Island. Hypothesis testing was done using Structural Equation Modeling (SEM) with SmartPLS 3.00 software. The research results show that transformational leadership and work culture significantly influence the work commitment and performance of village fund managers. Strong transformational leadership, characterized by collaboration, honesty, and trust, encourages increased work commitment and performance of village fund managers. Meanwhile, a positive work culture based on integrity, honesty, and accountability contributes to work commitment and performance. High work commitment also positively impacts individual and group performance, increasing motivation, job satisfaction, and the ability to face challenges. Finally, improving the performance of village fund managers on Flores Island requires the development of transformational solid leadership, the formation of a positive work culture based on the values of integrity and accountability, and increasing the work commitment of individual village fund managers. It is hoped that the results of this research can improve the effectiveness of village fund management and services to the community.

Abstract

Pakistan’s economy depends on the agriculture sector which contributes approximately 25 percent to GDP and 45 percent to total employment. This research work inspects the link between agriculture value-added and carbon emit in Pakistan and other potential indicators for instance gross domestic per capita, Foreign direct investment, total population and resources energy. We retrieved data from the world indicators CD room spanning1988 to 2020 for this study and adopted auto regressive distributive log (ARDL) technique and Stata 18 version were used. The long run results of the study revealed that agricultural value-added, foreign direct investment, non-renewable energy utilization, population and Gross domestic per capita increased environmental deterioration. While consumption of renewable energy upsurge environment sustainability in the region. The outcomes also signpost the presence of bi-directional causality between the given indictors. The outcomes also signpost the presence of bi-directional causality between the given indictors. This study is only limited to only the Pakistan with specific indicators. Based on the empirical evidence, the study support to the agriculture sector through sustainable practices and green technological advancements to the economic growth and renewable resources to promote environmental sustainability in Pakistan.

Abstract

The Accounting Information System (AIS) is a vital component in providing financial and accounting data, along with information related to daily accounting transactions. This research focuses on evaluating the effectiveness of AIS using ERP-SAP in managing raw material inventory and supporting production efficiency at PT. Smart Tbk. Padang Halaban, a palm oil plantation company. The qualitative descriptive method was employed to gather data through literature review, interviews, and direct observations. The results of the study indicate that the implementation of AIS using ERP-SAP has improved the standard of financial reporting, meeting the required qualitative criteria. However, limitations exist in the AIS application, particularly regarding suboptimal raw material inventory tracking and integration issues between different systems, such as inventory and accounting systems, leading to data discrepancies. The conclusion drawn from this research highlights the necessity for adjustments, developments, and improvements in AIS features to meet the specific company requirements. The implications of these findings emphasize the importance of continuously optimizing AIS to support more efficient and accurate business processes, while adapting to technological advancements and company needs.

Abstract

Environmental concerns globally, encompassing issues like pollution, global warming, and ozone depletion, highlight the urgency for sustainability measures. Within the realm of green initiatives, understanding remanufactured products emerges as a facet of environmental literacy. This research addresses prior inconsistencies by examining mediating factors specifically, the impact of value consciousness and awareness of green products on the inclination to buy remanufactured goods. Collected data through distributing 270 questionnaires which is a sample of data from the entire population of Bali province, Structural Equation Modeling (SEM) via AMOS software version 23 was employed for analysis. Findings indicate the pivotal roles of green knowledge of remanufactured products, value consciousness, and awareness in shaping the purchase intention to eco-friendly items. Consequently, this study bears implications for companies aiming to advance sustainable products, and it offers insights for policymakers and industry stakeholders to formulate strategies that foster consumer awareness and green product development.

Abstract

This research aims to test the influence of trust and customer satisfaction on customer loyalty, test the influence of trust on customer loyalty and test the influence of customer satisfaction on customer loyalty. This research uses a quantitative descriptive method by distributing questionnaires via Google Form with purposive sampling, namely Shopee users as an online shopping platform for consumers in Depok. A purposive sampling method of 150 respondents was used for the sampling. SPSS 26 was used to calculate the multiple linear regression variable test to analyze the research data results. The research results show that customer satisfaction and trust are important in forming customer loyalty to Shopee. Factors such as ease of use, wide product selection, responsive customer service, and security of online transactions influence customer satisfaction levels. In addition, customer trust in the security of online transactions and product quality also plays a key role in building long-term relationships between customers and e-commerce platforms. The R square value of 0.725 indicates that most of the variation in customer loyalty levels can be explained by customer satisfaction and trust in Shopee in Depok. At the same time, the rest is influenced by other factors, such as quality. Product and brand preferences.

Abstract

This study aimed to determine the effects of Endorser Credibility, Brand Image, and Perceived Value on Customer Satisfaction among Jafra consumers in South Jakarta, mediated by Brand Trust, Brand Image, and Perceived Value obtained through distributing questionnaires. The research population consisted of Jafra consumers in South Jakarta, with a sample of 100 people selected using purposive sampling. Data were analyzed using PLS-based SEM. The results indicated that the variables of Endorser Credibility, Brand Image, and Perceived Value had a significant effect on Brand Trust. Furthermore, the results demonstrated that Endorser Credibility, Perceived Value, and Brand Trust significantly influenced Customer Satisfaction. Additionally, it was found that Brand Trust mediated the relationship between Brand Image and Customer Satisfaction, as well as between Perceived Value and Customer Satisfaction.

Abstract

The development of connectivity infrastructure, particularly toll roads, is planned to continue expanding and reach 3,500 km by 2030. This signifies a positive outlook for the construction industry. This research conducted to analyse the management of post tension raw materials and determine the optimal policies using the discrete-event simulation method. Simulation scenarios were developed using the Arena application, taking into consideration the demand patterns for post tension work. The validation test results confirmed the capability of the base case model in accurately representing real-world conditions. Scenario development was carried out to influence the strand inventory pattern by incorporating reorder points and adjusting order sizes. Based on the scenario analysis, the most effective approach was found to be setting a reorder point of 3 tons and an order size of 5 tons. The implementation of this analysis successfully reduced the strand inventory by 58.78%. This research enables companies to optimize their inventory, reduce costs, and enhance operational efficiency. The findings contribute to the development of strategies that support sustainable growth in connectivity infrastructure in Indonesia.

Abstract

This paper analyzes the effect of renewable energy on carbon emissions in the BRICS countries (Brazil, Russia, India, China, and South Africa) from 1990 to 2020. Using the PMG panel ARDL approach to estimate the model. The findings indicate that renewable energy positively reduces carbon emissions in both the short and long run. However, industrialization and economic growth have a negative effect on carbon emissions reduction in both the short and long run. These results demonstrate the positive impact of renewable energies in reducing carbon emissions in BRICS countries. The study recommends that these countries promote renewable energies to meet their energy needs and reduce carbon emissions.

Abstract

This research aims to examine the influence of food quality and shop atmosphere on consumer satisfaction with purchasing decisions as an intervening variable (case study of Rocket Chicken in Kemusuk Sedayu Bantul). This research uses quantitative research methods. The variables in this research are food quality, store atmosphere, consumer satisfaction, and purchasing decisions. The respondents in this research were consumers at Rocket Chicken in Kemusuk Sedayu Bantul. The number of samples in this study was 200 people. The data source used is primary data. The data collection technique used was a questionnaire distributed via Google Form. Data analysis techniques use SPSS 23 which consists of validity and reliability tests, descriptive statistics, classical assumption tests, regression tests, hypothesis tests, coefficient of determination, and Sobel tests. The results of this research show that there is a positive and significant influence of food quality and shop atmosphere on consumer satisfaction with purchasing decisions as an intervening variable (Case Study of Rocket Chicken in Kemusuk Sedayu Bantul). Suggestions for future researchers to add other variables as intervening variables.

Abstract

The significance of conducting this research is related to the performance of BNI Mobile Banking which is far behind its competitors which will have an impact on the performance of PT. Bank Negara Indonesia (Persero) Tbk. The aim of the research is to determine the factors that are important to customers regarding the BNI Mobile Banking application and the level of satisfaction with these important factors. This research uses a quantitative approach to BNI customers on the island of Bali with a total of 204 respondents randomly using the Slovin formula and representing each regency of Bali Province. The data was analyzed using the Importance Performance Analysis (IPA) method with the outcomes 12 indicators which according to respondents were important but received an adequate to insufficient level of satisfaction to be an improvement for the company, including: 1) The BNI Mobile Banking application can be downloaded on all cellular operating systems (Android and Apple Store); 2) The BNI Mobile Banking application can be used anywhere (domestic and overseas) as long as there is a cellular signal; 3) BNI Mobile Banking can fulfill all online customer banking needs; 4) BNI Mobile Banking provides information and products that suit customer preferences; 5) BNI Mobile Banking provides services according to the promised time; 6) BNI Mobile Banking has more than one security code to minimize transactions that are not carried out by the customer; 7) BNI Mobile Banking provides a service menu that helps users if problems occur; 8) BNI Mobile Banking immediately responds to problems faced by customers; 9) BNI Mobile Banking will refund funds if the transaction was not carried out by the customer; 10) BNI Mobile Banking will refund funds if the transaction via mobile banking fails; 11) Easy to contact BNI Mobile Banking services; and 12) Call center services can provide satisfactory responses to problems faced by customers.

Abstract

The purpose of this research is to find out and analyze the influence of motivation and incentives on the job satisfaction of Badung Regency Government ASN, then to find out and analyze the influence of motivation, incentives and job satisfaction on the professionalism of Badung Regency Government ASN, then to find out and analyze the influence of the role of job satisfaction in mediating the influence of motivation and incentives on the professionalism of Badung Regency Government ASN. The population of this research is the State Civil Apparatus (ASN) in the Badung Regency Government, totaling 6,890 employees.

The number of respondents in the sample was between 90 and 180 respondents. Data collection in this research used a questionnaire. The data analysis technique consists of descriptive analysis and inferential analysis using the Partial Least Square (PLS) approach. The results show that: Motivation has a positive and significant effect on job satisfaction. Incentives have a positive and significant effect on job satisfaction. Motivation has a positive and significant effect on professionalism. Incentives do not have a significant effect on professionalism. Job satisfaction has a positive and significant effect on professionalism. The influence of motivation on professionalism through job satisfaction is positive and significant. The effect of incentives on professionalism through job satisfaction is positive and significant.

Abstract

Animals developing is a sub-area of cultivation that has a lot of room for improvement as a sub-cultivating from now into the foreseeable future. The public's essential for creature things will manufacture dependably, as animals is one of the providers of proteins, energy, enhancements and crucial minerals, and meanwhile open respect for the supporting necessities to work on the singular satisfaction is making. The legitimization behind the continuous review is to perceive the on a very basic level fundamental credits and issues of sheep ranches working in the city of Bangko and to propose two or three arrangements with any outcomes in regards to these issues. The stream study's outcomes are supposed to give data to future examination and add to the ongoing extension of value and efficiency. A profound strategy with a setting focused assessment approach is proposed for this evaluation. The emotional strategy was picked in light of the fact that it is the most effective way to check out at the issues and gives a profound comprehension of the issues with Bangko Estate's business. The proprietor of Bangko Farm proposed that, to make arrangements for the organization's extension, we lay out a business methodology from all points, especially in the execution of leader data, to build effectiveness and find all issues immediately. Before expanding the business, the owner's primary focus is on creating a knowledge management-based strategy for human resources development.

Abstract

Evaluation of performance is one of the important things that must be considered when choosing the type of mutual fund for investment purposes. Performance measurement is needed to help investors determine their mutual fund choices according to the return and risk of each instrument. Mutual fund performance measurement is not only measured by Net Asset Value (NAV) or returns, but also by comparison with market performance against certain benchmarks. The use of benchmarks in measuring mutual funds is intended to compare whether mutual fund performance can beat the market or lose to the market. This research compares the performance of 32 active stock mutual funds determined using a purposive sampling method with the performance of the LQ-45 index. The measurement method used is the Sharpe and Treynor method. The research hypothesis was tested using the Mann – Whitney Test with the SPSS version 16 program. The research results showed that the 32 stock mutual funds studied had better performance than the LQ-45 index performance measured using both the Sharpe method and the Treynor method. The stock mutual fund that has the highest Sharpe value is the Simas Stock Featured Mutual Fund with a Sharpe index of 0.2148, while the lowest is the Schroder Dana Achievement Plus Mutual Fund with an index value of -1.3655. The stock mutual fund that has the highest Treynor value is the Mandiri Investa Smart Bangsa Mutual Fund with a Treynor index of 0.0653, and the lowest is the Dana Ekuitas Prima Mutual Fund with a Treynor index of -0.6655.