Jurnal Ekonomi Perusahaan
Vol. 28 No. 2 (2021): September 2021

Strategic decisional beliefs: Conceptualization and empirical research

Bilson Simamora (Institut Bisnis dan Informatika Kwik Kian Gie)



Article Info

Publish Date
12 Sep 2021

Abstract

Extant studies hold that the decision quality at the very moment of choice indicates future task accomplishment. However, regarding individual-making, the decision’s strategic nature still received little attention from scientists so far. For that reason, the author utilizes the strategic decision dimensions of justifiability, confidence, and satisfaction to form a new concept called strategic decisional beliefs. Making self-efficacy, motivation, subjective well-being, loyalty, and switching likelihood as the concept’s consequences under investigation, the author tests the concept using data from 350 new students chosen judgmentally. As expected, exploratory factor analysis with maximum likelihood extraction offers only one latent variable for the three underlined dimensions. Further investigation with confirmatory factor analysis indicates that all items are internally valid, reliable, and solidly merged into a single construct with a close fit measurement model. Good-fit structural equation modeling with Lisrel 8.8 successfully confirms that strategic decisional beliefs predict the specified consequences strongly. Interestingly, the construct has better structural validity in a unidimensional than a multidimensional form. This study still relies on a single cross-sectional design. Hopefully, further research can utilize a longitudinal design to investigate how strategic decisional beliefs predict individuals’ actual performance, satisfaction, and loyalty. Original Article   |   Turnitin  

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Journal Info

Abbrev

JEP

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

The JEP (Jurnal Ekonomi Perusahaan) is part of the Kwik Kian Gie School of Business and Information Technology scientific publications. Published by the Business and Entrepreneurship department, this journal aims to disseminate high-quality and respected academic articles concerning business and ...