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The impact of the COVID-19 pandemic on the country's national economy: The Indonesian experience Algifari, Algifari; Subiyakto, Haryono; Rohman, Isnanda Zainur
Journal of Governance and Accountability Studies Vol. 4 No. 1 (2024): January
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/jgas.v4i1.1550

Abstract

Purpose: This study aims to examine the effects of inflation, exchange rates, and the Covid-19 pandemic on Indonesia's trade balance position and to develop an empirical estimation model to predict its position. Method: The data used in this research are the inflation rate, exchange rate of rupiah to the US dollar, export value, and import value of Indonesia from January 2012 to March 2021. The econometric model used in this study was a binary logistic regression model. Results: The results indicate that The regression coefficient of the inflation rate is negative at 0.3621, with an odds ratio of 0.696. This suggests that 1 percent in inflation reduces the probability of a trade balance surplus of 0.696. The regression coefficient for the exchange rate was positive at 2.18, with an odds ratio of 8.85. This means that every 2.72 rupiah increase in the exchange rate raises the probability of a trade balance surplus of 8.85 times. However, this study does not find empirical evidence that inflation, exchange rates, and pandemic of Covid-19 have no impact on the position of Indonesia's trade balance. Limitations: This study focuses on two factors believed to influence the position of trade balance in Indonesia: the inflation rate and foreign exchange rates. Contributions: This study provides insights into government policy.
Supportive leadership and employee creativity: Will Leader-Member Exchange mediate the relationship? Prinhandaka, Dwinanda Jalu Prasetya; Rohman, Isnanda Zainur; Wijaya, Nikodemus Hans Setiadi
Annals of Management and Organization Research Vol. 4 No. 1 (2022): August
Publisher : goodwood publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/amor.v4i1.1477

Abstract

Purpose: Purpose: This study proposes to integrate supportive leadership, leader-member exchange (LMX), and employee creativity. It suggests that LMX can play a role as a mediator. Research methodology: A total of 200 participants were included in this study. They were working for a tobacco company located in a district in Kulon Progo, Yogyakarta, Indonesia. Analysis for hypotheses was done in SPSS and AMOS. Results: It was found that supportive leadership was positively related to leader-member exchange (LMX) and employee creativity. Leader-member exchange (LMX) was positively related to employee creativity. Finally, leader-member exchange (LMX) mediated the relationship between supportive leadership and employee creativity. Limitations: The participants of this study were taken from one company. This might lower the generalizability of the results. Another limitation of this study is the use is a cross-sectional method in the data collection which might result in a common method variance. Future studies could employ other data collection methods. For example, a multi-wave of data collection can remedy the problem. Contribution: The study suggests that a supportive leadership style is necessary to implement because it can promote a higher quality of the relationship between employees and their supervisors. More importantly, this aligns with the organizational effort to foster employee creativity. Novelty: The study found that supportive leadership can promote leader-member exchange (LMX) quality. Since the dyad relationship quality characterized by leader-member exchange (LMX) is necessary for team effectiveness, the investigation of the link may provide an understanding of the factors that may influence leader-member exchange (LMX).