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Asia-Pacific Management and Business Application

apmba
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Published by Universitas Brawijaya

ISSN : 22528997 EISSN : 26152010 DOI : -

Core Subject : Economy, Science, Social,

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

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.

Arjuna Subject : -

Articles 236 Documents

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Comparative Study between Capital Asset Pricing Model and Arbitrage Pricing Theory in Indonesian Capital Market during Period 2008-2012 Leo Julianto
APMBA (Asia Pacific Management and Business Application) Vol 2, No 2 (2013)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

For decades, there were many models explaining the returns earned emerged in order to fulfil the curiosity had by human. Since then, various studies and empirical findings in many countries’ stock market showedthat the empirical findings of market return explanation and the return of assets meet the different results in both clarify of model and identification of significant determinant variables.Therefore, many comparative studies between models were accomplished. In this study, the author attempts to do comparative study between two models, APT and CAPM, in Indonesian Capital Market during period 2008 until 2012. Besides, the author also attempts to find how much inflation, interest rate, and exchange rate describe the returns earned in each sector existed in Indonesia Capital Market. As the result, the author find out that CAPM has bigger explanation power than APT in Indonesian Capital Market during period 2008-2012. Besides, the author also found that among macroeconomic factors, there are only two macroeconomic factors that can affect certain samples significantly. They are change in BI rate, which affect AALI, ANTM, ASII, TLKM, UNTR, and change in exchange rate, which affect INDF and TLKM significantly.

The Application Concept of Social Capital Theory and Social Exchange Theory: The Comparisson of Collaboration and Networking Strategy in Knowledge Obtaining in Indonesia and China Noviaty Kresna Darmasetiawan
APMBA (Asia Pacific Management and Business Application) Vol 2, No 1 (2013)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

The originality of this research is to apply the grand theory of social capital and social exchange theory to a discussion of the strategy of collaboration and networking among companies in knowledge obtaining on companies in Indonesia and China. The comparison between the two countries is based on the perspective of institutional theory and culture paradigm, whereby the firms in both countries have a specific difference. This research resulted in the proposition that (1) Organizational trust is a variable that affects the strategy of collaboration and networking for knowledge obtaining between firms, (2) There is collaboration and networking for knowledge obtaining between companies in Indonesia and China, (3) there are differences in terms of organizational trust collaboration and networking for knowledge obtaining between companies in Indonesia and China. Limitations of this study are, this is the study with limited to an assessment and conceptual literature excavation that remains to be proved further by research in the field.

Effect of Industry Competıtıon and Entrepreneurıal Company to Implementatıon of Dıfferentıatıon Strategy, SME Performance, and Poverty Allevıatıon Ni Nyoman Kerti Yasa; Putu Gde Sukaatmadja; Henny Rahyuda; I.G.A Ketut Giantari
APMBA (Asia Pacific Management and Business Application) Vol 3, No 1 (2014)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

The purpose of this study was to determine the effect intensity of industry competition and entrepreneurial company to the implementation of differentiation strategy, SME (Small and Medium Enterprise) performance, and poverty alleviation. In this study examined five variables, namely intensity of industry competition, entrepreneurial company, implementation of differentiation strategy, and SME performance, and poverty alleviation. This study took place in the Gianyar regency with target population of the SME industry. Sampling was purposive sampling study. Based on Slovin's formula, the number of samples taken was as many as 100 SME that spread across districts in Gianyar regency. Respondents were managers. Statistical analysis was used to test hypothesis is Structural Equation Model (SEM). The results showed that the intensity of industry competition has positive and significant effect on the implementation of differentiation strategy, and the intensity of industry competition has positive and significant effect on the performance of SME. Entrepreneurial company has positive and not significant effect on the implementation of differentiation strategy, and entrepreneurial company also has positive and not significant effect on the performance of SME, as well as the implementation of differentiation strategy has positive and significant effect on the performance of SME. Furthermore, SME performance improvement can enhance poverty alleviation in the Gianyar regency. And for the future, SME in Gianyar regency should be intensified to implement strategy of differentiation and increase entrepreneurial company in order to improve the performance of SME and their implications for poverty alleviation in Gianyar regency.

The Importance of Leadership Behavior and Motivation İn Creating Employee Performance: (A Study at the Faculty of Economics and Business, University of Brawijaya) Abdo-Alaziz H. E Mihrez; Armanu Thoyib
APMBA (Asia Pacific Management and Business Application) Vol 3, No 2 (2014)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

This research was conducted at the faculty of economics and business, Brawijaya University which aimed to determine whether there is a direct effect of leadership behavior on intrinsic motivation, extrinsic motivation, and employee performance. In addition, it was done to determine the effect of indirect leadership behavior on employee performance through intrinsic and extrinsic motivation. In this study, the data were collected using a questionnaire with Likert scale, and then distributed to 65 employees UB. To answer the purpose of this study, the method of analysis used was used Partial Least Square (PLS). The results of the analysis in this study inform that leadership behavior has a positive and significant effect on intrinsic motivation, extrinsic motivation, and employee performance. Later in this study it was found that intrinsic motivation variable does not have significant and negative effect on the performance of employees and it is unable to mediate the effect of leadership behavior on employee performance. Meanwhile, extrinsic motivation variable gives positive and significant effect on the performance of employees and it is said that extrinsic motivation is also able to mediate the influence of leadership behaviors on employee performance.

The Configuration Of Supply Chain Agritourism To Improve The Performance With Dynamic Programming Sahnaz Ubud
APMBA (Asia Pacific Management and Business Application) Vol 3, No 3 (2015)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

The purposes of this research is to implementation about the configuration of Supply Chain Agritourism in Mekarsari Tours Garden and result a decision making which must be done by top level management about their supply chain configuration. Because now Mekarsari, the biggest fruit garden in the world, have a lot of type of fruit which must be supply for the customer depend on the season with on time. So Mekarsari must know about their configuration from supplier to customer to improve their performance. The Respondents for this research is selected based on the results of supply chain maping from the worker in the garden, the top level management until the end customer. Supply chian network is formed consisting of farm workers to the end customers, especially those located in the tourist are of green land zone. The type of data is displayed in a supply chain modeling approach is to use the dynamic system. It’s consists of numeric data, the written data and mental models. That data is collected and processed into a design model. The design model is using system dynamics methodology. In compiling the system dynamics model has been used software Vensim Professional Academic Ventana 5.7. The result of this research is a configuration of Supply Chain Agritourism which is developed from the supplier until the end customer in Mekarsari tours Garden. From the Dynamic Programming, the result is a decision making which must be done by the top level management to improve the supply chain performance, especially in the green land zone.

The Role of Virtual Collaboration and Social Capital In the Development of New Products (Case Study: Use of Yammer in XYZ Company) Elissa Dwi Lestari
APMBA (Asia Pacific Management and Business Application) Vol 4, No 2 (2015)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

The theme of this paper is the role of the organization and social capital in the process of virtual collaboration. Business environment is constantly changing and the level of intense competition makes organizations strive to create more sustainable value. For large organization with large networks, there are geographical limitations that restrict the process of collaboration between its networks. Advances in technology enable and facilitate the organization to collaborate virtually. From the perspective of dynamic capabilities, virtual collaboration is conceptualized as the dynamic changes in the organization's ability to identify, integrate, and apply knowledge assets as learning materials to meet the competitive demands. Virtual collaboration here enables the process of communication and coordination organization, learning, and innovation-related decision-making processes, and process improvement.This paper uses a case study analysis to explore deeply about virtual collaboration and Social Capital in organization. The result of the analysis in this paper suggests that engagement, transparency, and horizontal nature of the communication process can encourage new organizational learning but they can only be done for business portfolio. More over, this research also reveals that social capital contributes to the enhancement of organization virtual collaboration process. In addition, cultural factors also limit the success of virtual collaboration on the distribution of information in the organization at lower levels.

When Empathy Works: Towards Finding Effective Ways of Sustaining Empathy Flow Lesley Gill; Marjolein Schaddelee; Phil L Ramsey; Sam Turner; Tom Naylor
APMBA (Asia Pacific Management and Business Application) Vol 6, No 3 (2018)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

The need for developing empathy skills in the workplace continues to challenge organisations today. Findings from earlier research highlighted the need for developing these empathy skills. Interviews were undertaken in early 2017 with a mix of empathy trainers and managers of organisations where empathy is signalled as a key skill. The purpose of the inquiry was to explore their perspectives of empathy so as to discover emerging themes that increase our understanding of empathy in the workplace, elucidate optimal ways for developing one’s empathy and for reducing or mitigating empathy burnout. Challenges that emerged from the findings were: maintaining empathy across professional and personal environments; generally participants found they had energy for one of other, not both; caring too much; having time to empathise; managing expectations; professional boundaries; empathy equality i.e. to victim and offender; communicating empathy, and desensitisation. This paper explores these challenges. Four themes emerged from the findings: interpretations of empathy, context; including theory of mind, empathy burnout, and strategies for developing empathy. These themes informed the development of a Flow Model of Empathy.

An Exploratory Study on The Relationship of Public Governance and Ease of Doing Business Sofik Handoyo
APMBA (Asia Pacific Management and Business Application) Vol 6, No 2 (2017)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

This study aims to investigate the relationship of good public governance and ease of doing a business performance. The motivation of the study was driven by slowing down global economy and competition among countries around the world to attract Foreign Direct Investment (FDI). Foreign investors will consider investing their capital in a certain country if in that country adopting ease of doing business practice. The study was intended to reveal, whether the country that applies the good practice of public governance will also lead to good performance in terms of ease of doing business. The study adopted exploratory research design which is public governance and ease of doing business performance treated as two independent variables. Public governance variable was represented by attributes namely public accountability, effectiveness government, regulatory quality, control of corruption, rule of law and political stability. World Governance Index (WGI) was adopted to measure Public Governance and Distance to Frontier (DtF) value is representing a measurement of ease of doing a business performance. The study applied bivariate correlation analysis and involved 188 countries member of World Bank. The results showed that all public governance attributes were positively and significantly associated with ease of doing a business performance. Pearson correlation coefficient indicated that all attributes of public governance had a strong correlation ( r > 0.6, p<0.01), except for political stability attribute (r = 0.584, p<0.01). The result implies that practice of good public governance in governmental institution have potential impact on performance of the government in terms of streamlining bureaucracy of doing business in that country.

The Impact of Harmonious Culture and Entrepreneurship Training on Loan Repayment Performance at Microfinance in Indonesia I Putu Astawa
APMBA (Asia Pacific Management and Business Application) Vol 6, No 3 (2018)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

Studies on topic such as loan repayment at microfinance institutions are increasingly interesting due to the slumped current global economic condition and the many occurrences of bad debts. Various ways found by the researchers to increase loan repayment. Those ways are, for example, monitoring, mentoring, training, and economic approach. The research is different to previous research in terms of approach used, which is by linking harmonious culture to the loan repayment rate. The research aims to analyze the relationship between entrepreneurship training and harmonious culture in the effort to increase loan repayment of companies (debtors). 358 qualified debtors are used in the research. Data on the loan repayment rate in 2012 is used as a base for evaluation and reevaluated in 2017 in the same sample. In addition, an assessment on the perception of debtors toward the entrepreneurship training and the implementation of harmonious culture by microfinance institutions is conducted through questionnaire distribution. Data collected is analyzed using regression analysis. The result of regression analysis indicates that entrepreneurship training in form of the ability to develop business, entrepreneurship skill, and marketing skill has no relationship with loan repayment rate. Assistance program in form of cost in increasing faith to God through ceremonies at the companies give new spirit to achieve optimism in business progress since debtors believe that there are other forces in addition to human efforts that could change the business achievement. Cultural activities in maintaining harmonious relationship with others and natural environment gives positive impact on the increase in loan repayment. Harmonious culture implemented by the debtors linked to business activities in form of loan repayment is something new. The research result gives suggestion on human capital theory that harmonious culture is an attribute in determining one’s performance.

How Brand Excitement Can Enhance Emotional Responses of Local Fashion Brands in Indonesia? : Moderating of Ethnocentrism Cindy Suwandhi; Tengku Ezni Balqiah
APMBA (Asia Pacific Management and Business Application) Vol 6, No 2 (2017)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

In the last few decennium, research pertaining to brand has gained the attention of many academician. Interest in further studies of matters related to it, such as brand love and brand engagement has increased tremendously as well. This study was conducted to examine the effect of brand love, brand image and brand personality on brand engagement with ethnocentrism as a moderating factor by using case study of local fashion brand in Indonesia. Respondents in this study were people who have purchased clothing items from a specific brand of local fashion. Data processing method used is Structural Equation Model (SEM). This study indicates that the excitement does not have a positive influence towards brand love, and brand image does not have a positive effect on word-of-mouth (WOM). Nonetheless, with the existence of ethnocentrism as moderating factor, excitement’s effect towards brand love and brand image were even greater. Hereafter, brand advocacy was finally formed by brand love’s positive effect towards WOM. This study demonstrated the importance of ethnocentrism in enhancing word of mouth, and father brand advocacy.

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