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Hotel Revenue Performance: Roles of Labor, Liquidity, and Governance Mechanism Chris Petra Agung; Wahdan Arum Inawati; Meidila Anggita
Jesya (Jurnal Ekonomi dan Ekonomi Syariah) Vol 7 No 2 (2024): Artikel Periode Research Juli 2024
Publisher : LPPM Sekolah Tinggi Ilmu Ekonomi Al-Washliyah Sibolga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36778/jesya.v7i2.1615

Abstract

There is a remarkable contribution of hotel industries towards Indonesian GDP in the past few years. However, hotel business is vulnerable to uncertainty such as economic crisis, regulation changes, and pandemic. This vulnerability inevitably causes a decrease in hotels’ occupancy rate that would lead to lower revenue growth. This study aims to analyze three factors that represents these uncertainties namely labor cost, liquidity, and governance mechanism. The samples involved in this paper were hotel companies listed in Indonesia Stock Exchange in 2017-2022 period. Data is collected through published financial reports. Multiple regression is done by using SPSS version 21. The results showed that: (1) labor cost significantly and negatively affected hotel revenue growth. This finding indicates that labor cost is only one of components forming labor productivity while labor productivity has more determining power in increasing hotel revenue; (2) board of director size significantly and negatively affected hotel revenue growth. This finding indicates that there is higher chance of negligence to duties for board of director members who have more peers in comparison with those who have less; (3) liquidity did not significantly affect hotel revenue growth. This finding suggests hotel companies to allocate their cash and cash equivalents to other allocations that have more capability in generating revenue. Furthermore, the R square is 0,243 meaning that hotel revenue growth is 24,3% explained by labor cost and board of director size.
Penerapan Green Practice pada Bisnis Usaha Kecil Menengah (UKM) Kuliner di Kota Bandung Meidila Anggita; Natalia Christi; Ignasia Tiffani; Maria Merry Marianti
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 3 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i3.6907

Abstract

Small and Medium Enterprises (SMEs) dominate the number of businesses in Indonesia, yet many SME owners are unaware of the importance of implementing green practices in their operations. This study aims to evaluate the implementation of green practices in marketing, operations, and finance within SMEs. The main challenge in adopting a sustainable mindset is the lack of awareness and collaboration between stakeholders for climate change mitigation and adaptation. The proposed solution is to ensure that investments support environmental, social, and governance (ESG) aspects (Otoritas Jasa Keuangan, 2021). The study's findings show that in marketing, Pipinos has adopted eco-friendly packaging, while Nara offers discounts for customers who use their own containers. In terms of finance, both SMEs have not utilized green financing options. Nara is currently applying for a tax relief program from the Environmental Agency for businesses meeting environmental standards. In operations, Pipinos has not optimized energy and water usage, while Nara manages wastewater through a multi-stage treatment process, producing clean water. This research highlights the importance of raising SME owners' awareness of green practices and the need for support from various stakeholders to accelerate sustainable transformation, which is a strategic step in supporting climate change mitigation and environmental sustainability.
Analisis budaya dan hambatan organisasi pada Bank “X” di Bandung Meidila Anggita
Jurnal Manajemen Maranatha Vol 19 No 1 (2019): Cover
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28932/jmm.v19i1.2022

Abstract

Culture and blockage is one of the important elements in company life, because it can make a significant contribution to the success or failure of an organization. The model used to assess the organizational culture is the Organizational Culture Assessment Instrument (OCAI) by Cameron & Quinn. This model has four cultural types (clan, adhocracy, market, and hierarchy) and of the four cultural has 6 dimensions (dominant characteristic, organizational leadership, management of employee, organizational glue, strategic emphases, and criteria for success. Organizational blockage style is using Unblocking Organizational Questionnaire (UOQ) by Francis & Woodcock. This model has 14 blockages in organization (unclear aims, unclear values, inappropriate management philosophy, lack of management development, confused organizational structure, inadequate control, inadequate recruitment and selection, unfair rewards, poor training, lack of personal development, inadequate communication, poor teamwork, low motivation, and low creativity). In collecting the data, the sample used is 28 people by distributing questionnaires. The results of this study it was found that Bank “X” adopted adhocracy cultural. However, for the next five years they are expected to have a combination of different cultures namely market and clan culture. Market cultural dimensions will be the main focus in the next five years to improve target achievement. This cultural profile picture can be use as input for corporate to policy making to create organizational culture that compatible with the corporate’s vision dan mission. And for the result of blockage organization in the utilization of Human Resources in Bank "X" are poor trainning, unfair rewards and low creativity.