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All Journal Business and Finance Journal MABIS: Manajemen dan Bisnis Review of Management and Entrepreneurship Management Studies and Entrepreneurship Journal (MSEJ) Jurnal Performa : Jurnal Manajemen dan Start-up Bisnis Enrichment : Journal of Management ABDIMAS Jurnal Pengabdian Kepada Masyarakat Golden Ratio of Mapping Idea and Literature Format Journal Research of Social Science, Economics, and Management Journal of Social Commerce Contemporary Studies in Economic, Finance and Banking (CSEFB) KALBISIANA Jurnal Sains, Bisnis dan Teknologi International Journal of Review Management Business and Entrepreneurship International Research Journal of Business Studies
Hermeindito
Universitas Ciputra, Indonesia
Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Industrial & Manufacturing Engineering Library & Information Science Public Health Social Sciences

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Entrenchment Hypothesis and Insider Institutional Ownership: Empirical Evidence from Indonesia Capital Market Hermeindito Hermeindito
KALBISIANA Jurnal Sains, Bisnis dan Teknologi Vol. 9 No. 2 (2023): Kalbisiana
Publisher : UNIVERSITAS KALBIS

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The aim of this study is to examine the effect of insider institutional ownership on firm value. Indonesian firms have unique characteristic ownership structures which are dominated by insider institutional ownerships rather than managerial ownerships. This study develops model of entrenchment hypothesis that explain the behavior of insider institutional ownership and value of firm. Data for this study are financial ratios and stock price with period of 1994-2008 from non-financial firms that listed on Indonesia Stock Exchange. Using three-stage least squares in the equation system, this study found there is M-shaped relationship between insider institutional ownership and firm value. The research finding is parallel with Hermalin and Weisbach (1991) that found M-shaped relationship between managerial ownership and firm value.
ANALISIS INKLUSI KEUANGAN MELALUI ELEKTRONIK WARUNG GOTONG ROYONG (E-WARONG) PADA MASA PANDEMI Hermeindito, Andreas; Susilo
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 1 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.1.08

Abstract

The low financial inclusion index in Indonesia compared to ASEAN countries needs to be improved through BSNT.This research aims to determine the understanding, experience, form of service and the tendency of non-cash transactions of BSNT recipients in Kediri City & Regency.This research uses a descriptive quantitative method with a percentage descriptive analysis technique. Data are obtained through interviews, documentation and observation. Respondents to the study were BSNT recipients and owners of E-Warong.Research sampling using purposive sampling. The results of this study show that most of the BSNT recipients understand and are ready to use cashless transaction services in BSNT distribution.However, BSNT recipients still do not optimize and do not know the type of electronic money service.Respondents who own E-warong provide various types of payments and financial service facilities.The trend of non-cash transactions has increased after being equipped with cashless payment facilities on E-Warong.Efforts to increase financial inclusion through E-Warong in BSNT distribution are able to bring BSNT recipients in Kediri City and Regency to get to know and use financial services
PENGARUH SOCIAL MEDIA MARKETING, PERCEIVED QUALITY, DAN BRAND AWARENESS TERHADAP MINAT BELI KONSUMEN TOTE BAG RUDOFF Gouwendra, Soni Surya; Dr. Hermeindito, S.E., M.M., Dr. Hermeindito, S.E., M.M.
PERFORMA Vol. 8 No. 6 (2023): Performa
Publisher : Universitas Ciputra Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37715/jp.v8i6.3804

Abstract

Abstract: This study aims to examine the influence of social media marketing, perceived quality and brand awareness on purchase intention. The respondents were 95 consumers of Rudoff's Tote Bag taken by purposive sampling method. The analysis use multiple regression analysis. The independent variables are social media marketing, perceived quality and brand awareness, while the dependent variable is purchase intention. The results of F test indicate that the regression model used in the study is declared feasible. The results of the t test analysis show that the variables of social media marketing, perceived quality and brand awareness partially have a significant positive effect on consumer’s purchase intention in Rudoff's Tote Bag. So it can be concluded that if each social media marketing, perceived quality and brand awareness is getting better it will be able to increase the consumer’s purchase intentions.
THE INFLUENCE OF USER INTERFACE ON SHOPEE BUYING INTEREST AND MODERATED BY GENDER DIFFERENTIATION Putri, Rizky Liliantika Marina; Hermeindito
PERFORMA Vol. 9 No. 1 (2024): Performa
Publisher : Universitas Ciputra Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37715/jp.v9i1.3824

Abstract

Shopee is one of the largest online marketplaces in Indonesia, making it possible for most people in Indonesia to be online marketplace Shopee users. In meeting user needs to obtain information, the ease of obtaining information is a component of the user interface as a series of website design displays. A supportive user interface can encourage users to make purchases online. Gender differences can also influence different perspectives on the user interface. Therefore, this research was conducted to analyze the influence of the user interface on purchase intention at the online marketplace Shopee, and to use gender differentiation as a moderating variable. Data collection was carried out by distributing questionnaires online via Google form to 250 respondents who are active students aged 16–37 years who live on the island of Java and use the online marketplace Shopee. Sampling was done by purposive sampling technique. The valid questionnaires to be analyzed were 250 questionnaires. The type of research used in this research is using descriptive quantitative methods with data processing using PLS (Partial Least Square) software. The data processing results show that the user interface has a positive and significant effect on purchase intention, gender differentiation has a positive and significant effect on purchase intention, and there is a moderating effect of gender differentiation on the user interface variable on purchase intention.
THE INFLUENCE OF MARKETING MIX ON PURCHASING DECISIONS OF HERBAL MEDICINE CONSUMERS AT CV AA wisanggeni, helmi; hermeindito
Jurnal Bisnis dan Keuangan Vol 9 No 2 (2024): Business and Finance Journal
Publisher : Universitas Nahdlatul Ulama Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33086/bfj.v9i2.6026

Abstract

The increasing demand for herbal medicine, particularly in the form of jamu, in Indonesia presents a business opportunity for jamu producers. The growing number of jamu producers has led to intense competition, prompting companies to meet consumer needs, expand their market reach, and innovate to maintain and dominate the market with their products. This research aims to determine the influence of the 4Ps marketing mix on consumer purchase decisions for CV AA's jamu products. This study adopts a quantitative approach. The population consists of consumers who purchase CV AA's jamu products throughout Indonesia. Based on the Slovin formula, the sample size for this study is determined to be 141 individuals. Data collection is done through an online questionnaire using Google Forms, and the analysis technique used is multiple linear regression. The results of this study show that product, price, promotion, and place have a positive and significant influence on consumer purchase decisions for CV AA's jamu products. To improve consumer decisions, CV AA should continually enhance the quality of its jamu products, set competitive prices that align with the value offered, utilize effective promotional channels, and improve distribution efficiency while ensuring product availability in various sales locations.
DESIGNING SERVICE BLUEPRINT AT THE HOTEL LABORATORY OF CIPUTRA UNIVERSITY agustina, karina enny; Hermeindito
Jurnal Bisnis dan Keuangan Vol 9 No 2 (2024): Business and Finance Journal
Publisher : Universitas Nahdlatul Ulama Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33086/bfj.v9i2.6095

Abstract

The tourism industry has recovered from the effect of pandemic covid-19, that makes the stakeholders in the hospitality sector must be able to respond; including hotel managers and higher education institutions that have tourism and hospitality study programs. However, this phenomenon is inversely proportional to the number of workers in the tourism industry who have tourism education up to a bachelor’s degree. This shows that there is a need for useful learning facilities to accelerate the competency of Hospitality graduates, such as the availability of practical laboratories and hotel systems that are operated to resemble real activities. The object of this research is the Ciputra University Laboratory Hotel which operates on March 2023 with a fluctuative occupancy rate. The operational activities of the Hotel Laboratory are handled by staff (internship students) who changes every day which makes a great possibility of service inconsistencies delivered to the hotel guests, therefore it is necessary to have a service system that can be used as a reference for the services delivered to the guests hotel in a form of a service blueprint. This research uses a qualitative approach with triangulation of data sources, the number of informants are 8 people represented by experts in the field of hotel management, internal management of the Hotel Laboratory and customers (guests) of the Hotel Laboratory. The final results of this research is represented in a form of service blueprint chart that can be implemented by employees (internship students) who are working at the Hotel Laboratory of Ciputra University.
The Role of Customer Satisfaction as a Mediator for Service Quality and Perceived Value in Influencing Brand Loyalty Event Organizer Heaven Flow Nugraha, Made Hadi; Hermeindito
International Journal of Review Management Business and Entrepreneurship (RMBE) Vol. 3 No. 2 (2023): International Journal of Review Management Business and Entrepreneurship (RMBE)
Publisher : Universitas Ciputra Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37715/rmbe.v3i2.4472

Abstract

The purpose of writing this thesis is to obtain empirical evidence and to analyze and explain how customer satisfaction mediates service quality and perceived value in influencing brand loyalty at event organizer service company Heaven Flow. The variables of this study consist of the dependent variable, namely service quality and perceived value, the mediating variable, namely customer satisfaction, and the dependent variable, namely brand loyalty. The sampling method used in this study is a saturated sample with 114 Heaven Flow customers as respondents. All hypotheses of this study were tested using SEM-PLS analysis using Warp-PLS version 3.0. The results of this study indicate that service quality has a positive and significant relationship to brand loyalty and customer satisfaction, perceived value has a positive and significant relationship to brand loyalty and customer satisfaction, customer satisfaction has a positive and significant relationship to brand loyalty, and customer satisfaction is able to mediate the effect of service quality and perceived value on Heaven Flow brand loyalty as an event organizer service company.
Factors Affecting Product Purchase Decisions at Griya Dien Nazila, Qahira; Hermeindito
International Journal of Review Management Business and Entrepreneurship (RMBE) Vol. 3 No. 2 (2023): International Journal of Review Management Business and Entrepreneurship (RMBE)
Publisher : Universitas Ciputra Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37715/rmbe.v3i2.4473

Abstract

This research examines and analyzes the factors affecting product purchase decisions at Griya Dien. The variables of this study consist of the dependent variable, namely purchasing decisions, and the independent variables, namely personal factors, psychological factors, cultural factors, and social factors. The sampling method used in this study is non-probability sampling with a total of 70 consumers of Griya Dien respondents. All hypotheses of this study were tested using multiple linear regression using SPSS 27. The results of this study indicate that personal factors have a positive and significant influence on purchasing decisions, psychological factors do not have a significant influence on purchasing decisions, cultural factors have a positive and significant influence on purchasing decisions, and social factors have a positive and significant influence on purchasing decisions
Seri Solusi Bisnis Nyata: Peningkatan Daya Saing Usaha Galangan Kapal PT. Adiluhung Saranasegara Indonesia Hermeindito
ABDIMAS Jurnal Pengabdian Kepada Masyarakat Vol. 4 No. 2 (2023): Pengabdian Kepada Masyarakat
Publisher : Research and Community Service INSTITUT TEKNOLOGI DAN BISNIS KALBIS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53008/abdimas.v4i2.3213

Abstract

Abstract: Tujuan kegiatan pengabidan kepada masyarakat di PT. Adiluhung Saranasegara Indonesia (ASSI) adalah untuk memberikan gagasan dalam memecahkan masalah yang dihadapi ASSI terkait (i) Ketergantungan bahan impor; (ii) Persaingan dalam negeri; (iii) Kebutuhan sertifikasi internasional, dan (iv) Peningkatan daya saing internasional. Pendekatan kegiatan ini dilakukan secara terstruktur melalui program Real Business Solution (RBS) yang merupakan kombinasi kegiatan pendidikan dan pengabdian kepada masyarakat yang diselenggarakan secara rutin di Program Studi Magister Manajemen Universitas Ciputra Surabaya. Seri RBS Volume XI no 1 diselenggarakan pada usaha galangan kapal di Bangkalan. ASSI adalah satu perusahaan yang menjadi tempat kegiatan RBS pada seri ini. Tim RBS di ASSI terdiri dari 6 kelompok di bawah pengawasan dosen pendamping. Setiap kelompok melakukan observasi, investigasi dan konsultasi dengan para ahli dalam mencari gagasan pemecahan masalah. Hasil temuan gagasan meliputi (i) meningkatkan kerjasama bilateral dan multilateral; (ii) program sertifikasi internasional oleh organisasi independen bereputasi; (iii) menngkatkan keahlian digital sumberdaya manusia.
Influence of Brand Image, Perceived Price, and Word-of-Mouth on Purchase Intention of Lunio Design Products Jessica, Jessica; Hermeindito, Hermeindito; Henryanto, Aria Ganna
Review of Management and Entrepreneurship Vol. 8 No. 1 (2024): Review of Management and Entrepreneurship
Publisher : International Business Management - Universitas Ciputra

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37715/rme.v8i1.4160

Abstract

The creative industry is an important factor in creative economic activities. This research aims to analyze the influence of brand image, price perception, and word-of-mouth on purchase intentions for Lunio products. This study uses a quantitative approach by distributing questionnaires to respondents to test the effect of the independent variables on the dependent variable. The independent variables used in this research are brand image, price perception, and word-of-mouth, while the dependent variable is purchase intention. The research population is potential client candidates aged 15–16 years, in high school grades 10–12, and attending private high schools in Surabaya. Lunio sampling used a purposive sampling technique with a total sample of 100 people. This study uses the multiple linear regression analysis method. The results show that brand image is an important variable that significantly influences the intention to buy Lunio Design products. The price perception variable also influences purchase intention, though its significance level is lower compared to the other two variables. Word-of-mouth has the strongest impact on purchase intention. In conclusion, these findings underscore the importance of brand image, price perception, and word-of-mouth in shaping consumer purchase intentions.
Co-Authors agustina, karina enny Aria Ganna Henryanto Chandra, Amelia Christian Herdinata Eduardus Tandelilin Gouwendra, Soni Surya Jessica Jessica Lamanepa, Amelia Wulandari Lie, Steven Natalia, Laura Nazila, Qahira Nugraha, Made Hadi Putri, Rizky Liliantika Marina Rahmatullah, Rafi Rasyad Steven Halim, Steven Steven Lie Susilo Wiliam Santoso wisanggeni, helmi