Jurnal Manajemen dan Kewirausahaan (JMDK)
Vol. 14 No. 1 (2026): June (2026)

The Mediating Effect of Cultural Adaptation on Product Authenticity, Price Fairness and Consumer Perceived Value

Teguh Wahyudi (Ciputra University)
Eric Harianto (Ciputra University)



Article Info

Publish Date
19 Jun 2026

Abstract

PT x. is a pioneering Indonesian halal company that markets a range of halal food products in Japan. However, the company still faces challenges in maintaining product authenticity and ensuring price fairness that aligns with Japanese consumer preferences, which affects consumers' perceived value. According to the company’s data, the number of Japanese consumers who purchased Sariraya products in the past month was 4,079, averaging about 4,000 per month, indicating strong market potential but still requiring optimization of perceived value. This study aims to analyze the influence of product authenticity and price fairness on perceived value, with cultural adaptation mediating and moderating this relationship. The research uses a quantitative approach with purposive sampling, involving 278 respondents who are Indonesian diaspora consumers living in Japan and have purchased Sariraya products. The results show that product authenticity positively influences perceived value and cultural adaptation. Price fairness also positively impacts perceived value and cultural adaptation. Additionally, cultural adaptation significantly affects perceived value and strengthens the relationship between product authenticity and price fairness in shaping it. The implications of this study emphasize the importance of cultural adaptation strategies, product authenticity, and price fairness for Indonesian halal companies to enhance consumers' perceived value in the Japanese market.

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Journal Info

Abbrev

jmdk

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Jurnal Manajemen dan Kewirausahaan is a periodical issue containing information and analysis related to management science and entrepreneurship. This journal is of a popular scientific nature that includes both theoretical and empirical research. ...