Asia-Pacific Management and Business Application
Asia-Pacific Management and Business Application journal (APMBA) is a scholarly journal, publishing internationally leading research across all areas of management. APMBA continuously seeking articles that challenge the affect of globalization through business world through critically informed empirical and theoretical investigations, and present the latest thinking and innovative research on major management topics, while still being accessible and interesting to non-specialists.
Articles
236 Documents
CORPORATE GOVERNANCE AND ACCOUNTING IRREGULARITIES: Evidence from the Two-tiered Board Structure in Indonesia
Jaswadi JASWADI;
Nicholas Billington;
Stella Sofocleous
APMBA (Asia Pacific Management and Business Application) Vol 1, No 1 (2012)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2012.001.01.2
This study aims to investigate the extent to which the Indonesian corporate governance mechanism acts as an effective tool for protecting financial statements users against accounting irregularities. Considering that accounting irregularities might occur in between error and the fraud act, this study reviews the literature on minimizing the seriousness of these reporting incidences. The level of seriousness in misstatements is more severe when: (1) there is absence of financial expert(s) on supervisory boards and audit committees, (2) companies have short tenured-CEOs and poor internal control systems, and (3) auditors are solely appointed by firms’ BOCs without agreement of block holders (known as referral). In addition, an examination of simultaneous effects of each corporate governance dimension reveals a general weakness of the BOCs and their audit committees. However, the BOC and audit committee could be an effective tool in mitigating reporting incidences, especially when they show high-quality collaboration.
The Factors Formıng Formal and Non Formal Leadershıp Based on Mınangkabau Culture in Padang
Sulastri Sulastri;
Chichi Andriani;
Yuki Fitria
APMBA (Asia Pacific Management and Business Application) Vol 6, No 1 (2017)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2017.006.01.2
The purpose of this study is to establish and differentiate the concept and implementation of task function and task relation in Minangkabau leadership concept. This leadership concept implemented by three parties, namely, ninik mamak (clan leader), alim ulama (ecclesiastic)) and cerdik pandai (intellectual). This study collected data by survey questionnaire administered to formal and informal leaders in Padang, West Sumatra, Indonesia. The sample was 720 leaders selected through purposive sampling in 4 districts in Padang. The instrument in this study was developed based on Minangkabau alternative leadership and transformational leadership. Data were analyzed using discriminant analysis.
Shedding Light on Trust
Lesley Gill;
Phil Ramsey
APMBA (Asia Pacific Management and Business Application) Vol 1, No 2 (2012)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2012.001.02.2
New Zealand Human Resource Development practitioners interviewed in earlier research indicates that building “trust” is necessary if training efforts in the area of Emotional Intelligence are to be successful. Yet, trust is often not defined clearly by those working in the field of HRD. To establish a definition of trust that provides HRD practitioners with direction in the design of training programs, a large group conversation utilizing the “World Café” process was undertaken, after which EI training practitioners wrote reflections on the nature of trust. Experienced EI Trainers tended to define trust in terms of the outcome produced in training, which was the readiness of participants to talk. Defining trust in this way has the advantage of involving a low level of inference. Trainers also identified actions within their control that could stimulate greater readiness amongst training participants about their experiences to trainers and other learners. The aim of the article is to provide a practice-based definition of trust that can inform HRD practitioners working in the field of Emotional Intelligence.
Strategic Framework for Green Accounting and Reporting (GAR)
Radiah Othman;
Haslinda Yusuf;
Normahiran Yatim
APMBA (Asia Pacific Management and Business Application) Vol 1, No 3 (2013)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2013.001.03.3
This paper aims to propose a strategic famework for Green Accounting and Reporting (GAR) adoption in Malaysia. Green accounting translates how the management practice and accountable on the effects and uses of the environment. The accountability is reflected through the reporting function which naturally demands for transparency to the stakeholders. Malaysia has a comprehensive regulatory framework for green-related management and practice but unfortunately this has not reflected in the context of local environmental matters where degradation is a persistent problem. A strategic framework is necessary to accompany the government’s blue-prints and facilitate companies to adopt GAR. Drawing from the literature, the strategy is based on the firms’ responsibilities and the impact it has to the industry, country and society at large, at least for two generations.
Shopping Motivation on Purchase Intention: Can Loyalty Program and Corporate Image Enhance Such Relationship?
Rahmawati Rahmawati;
Ben Roy Do
APMBA (Asia Pacific Management and Business Application) Vol 2, No 3 (2014)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2014.002.03.2
Previous studies of shopping motivation as well as research to classify the various customers into group or types. This present study intends to take the first steps towards the development of shopping motivation may have effect on purchase intention with moderating role of loyalty program and corporate image in hypermarket format. The sample of 228 undergraduate and post graduate student where they had visited a hypermarket. Hierarchical regression was conduct to analysis that such of relationship. In this study was divided into 4 model including control variable, predictor variable, two way interaction and three way interaction. The result indicated that shopping motivation was statistically significant can increase purchase intention. Loyalty program and corporate image as not moderating variable, because the two interactions is not significant. However, loyalty program can affect independently (as predictor variable) on purchase intention. Shopping motivation and loyalty program may be the good combination of marketing strategy to increase purchase intention in retail format. In the future research, suggested using another variable such that store atmospheric, promotion strategy or other variable as moderating variable and also general public as respondent is the best sample.
Relatıonshıp Servıce Qualıty to Muslım Customer Loyalty in Islamıc Bankıng: Satısfactıon as Medıator
Sunaryo sunaryo
APMBA (Asia Pacific Management and Business Application) Vol 2, No 1 (2013)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2013.002.01.5
The majority of the Indonesian population is Muslims. However, the market share of Islamic Banking is only 3.0% of total banks in Indonesia.This shows that the products and services offered by these Islamic banks were not optimally taken up by the Muslim community. Are service qualities and satisfaction (provided by the bank) unattractive things for Muslim? Therefore, the research was done. The aims of the study are to analyze the service quality that directly and indirectly affects the satisfaction of moslem customers’ loyalty and the satisfaction as mediator toward Islamic bank. The study was conducted in the town of Malang with 315 respondents. The Purposive Sampling technique was used on Islamic banks in Malang. The data was analysed descriptively and inferentially by means of using SEM and the Smart-PLS. The finding from the inference analysis showed that all relations among the variables have significant influence, both directly and indirectly, and satisfaction as an intervening variable has a positive impact. Therefore, Islamic banks should give special attention to the quality of service guarantee to their customer. In addition, banks must also increase their quality service in order to make/ give more satisfaction and convenience. These findings have given new input to the theories of existing consumer behavior. The findings of this study can be used as a guide for other researchers in developing a model of consumer behavior and customer loyalty, particularly in terms of Islamic measurement model.
Performance Based Islamic Performance Index (Study on the Bank Muamalat Indonesia and Bank Syariah Mandiri)
Siti Aisjah;
Agustian Eko Hadianto
APMBA (Asia Pacific Management and Business Application) Vol 2, No 2 (2013)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2013.002.02.2
The development of Islamic base banks in Indonesia in recent years show rapid growth. The main challenge for Islamic base banks is how to raise belief from the stakeholders. Stakeholder expectations of the Islamic banks is different from a conventional bank. Since, Islamic banks are built on basic principles of Islamic economics. Therefore, we need a tool to evaluate and measure the performance of Islamic base banks. Islamicity Performance Index is a method which can evaluate the performance of Islamic base banks not only their financial but also justice principles, halal (lawfulness), and tazkiyah (sanctification). There are six financial ratios which are measured from Islamicity Performance Index:profit sharing ratio, zakat performance ratio, equitable distribution ratio, directors-employees welfare ratio, Islamic investment versus non-Islamic investment ratio, Islamic income versus non-Islamic income. This research is intended to figure out the performance of Islamic base Bank in Indonesia based on Islamicity Performance Index. The samples are the Bank Muamalat Indonesia and Bank Syariah Mandiri. Sources of data are the financial reports of Bank Muamalat Indonesia and Bank Syariah Mandiri in 2009–2010 period.The results show that the financial performance of Islamic Base Bank in Indonesia during 2009-2010 period have ”quite satisfactory level of valuation. However, there are two unsatisfactory ratios. They are zakat performance ratio and director-employee welfare contrast ratio. It shows that zakat issued by the Islamic base bank in Indonesia is still low and the contrast of the director-employee welfare is still huge.
New Public Financial Management and Its Legitimacy
Henry Kusuma Adikara
APMBA (Asia Pacific Management and Business Application) Vol 3, No 1 (2014)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2014.003.01.5
This paper’s for discuss the importance of New Public Financial Management (NPFM) legitimacy. As part of the new regulation in the finance sector, NPFM promotes the application of transparency and accountability of company expenditures, risk management and value for money. However, literature study revealed that NPFM is not implemented yet in the public organization, especially in the developing countries, like Indonesia. It is predicted that it is due to socio-cultural aspect of the implementation of NPFM does not meet the society expectations. This paper explores and suggests that socio-cultural aspect should be taken into account in the implementation of NPFM or NPM.
The Role of Customer Engagement in Enhancing Passenger Loyalty in IndonesianAirline Industry: Relationship Marketing Approach
Raditha Hapsari;
Michael D Clemes;
David Dean
APMBA (Asia Pacific Management and Business Application) Vol 3, No 3 (2015)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2015.003.03.1
Scholars and practitioners agree that organisations cannot rely on transactional marketing since customers demand more personalized goods and services. Consequently, organisations need to build a relationships based on a mutual exchange with their customers to satisfy their needs and wants and customer relationship emerged to enhance long-term customer profitability. Customer perceived value have been widely accepted as important antecedents improving customer loyalty. However, only a few published studies have the integrated customer engagement construct with the other important marketing constructs to examine the interrelationship among them. This research aims to examine the interrelationships among perceived value, customer engagement and customer loyalty. Focus group discussions, and a survey of 250 Indonesian airline passengers in East Java Province, Indonesia, were conducted to satisfy the research objectives. In order to carry out a comprehensive investigation of the relationship between variables, a quantitative approach is used in this study. The methods used to analyse the data are Confirmatory Factor Analysis (CFA) to test the model fit and Structural Equation Modelling (SEM) to test the hypothesis. Sobel’s test is also used to test the mediating role of customer engagement. The findings of this study indicate while customer perceived value consistently influences loyalty, customer engagement is also proven to be an antecedent of loyalty. Furthermore, customer engagement is also proven to play a mediating role which strengthens the relationship between perceived value and loyalty. The results of the empirical analysis is supported by previous studies that suggest customer engagement is a new construct that has an important role to play in enhancing passenger loyalty.
The Impact of Strategic Human Resources Management to Organizational Citizenship Behavior for the Environment in Manufacturing Company
Pratiwi Pratiwi;
Aini Zahra Salsabiela
APMBA (Asia Pacific Management and Business Application) Vol 4, No 2 (2015)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University
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DOI: 10.21776/ub.apmba.2015.004.02.1
This study aims to examine the Strategic Human Resource Management (SHRM), Internal Environtmental Orientation (IEO), and Organizational Citizenship Behavior Environment (OCBE) in a manufacturing company in Jakarta and its surrounding areas. It is specifically aimed to identify whether there is an influence of SHRM and IEO to OCBE and to investigate whether the IEO moderately influences SHRM to OCBE. The respondents of this study are employees of manufacturing company from different levels and positions from several industries. The selection of respondents is done by convenience sampling and it successfully collects 150 respondents. The results of descriptive analysis show that SHRM, IEO, and OCBE on the company they work is acceptable but it still needs improvement. In addition it is found that there is a significant positive influence of SHRM and IEO variables to OCBE. However, IEO variable does not moderately influence SHRM to OCBE.