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Hasanuddin Economics and Business Review
Published by Universitas Hasanuddin
ISSN : 25493221     EISSN : 2549323X     DOI : -
Core Subject : Economy,
Hasanuddin Economics and Business Review (HEBR) is an international triannual open access and peer reviewed journal of economics and business. HEBR is published by Faculty of Economics and Business Hasanuddin University. The journal is published in both print and online versions.
Arjuna Subject : -
Articles 267 Documents
A Qualitative Study of Employees’ Motivation Factors on Organization : A Case Study from a Company in Indonesia Setiawan, Danu Ade
Hasanuddin Economics and Business Review VOLUME 3 NUMBER 3, 2020
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v3i3.1998

Abstract

Due to the vital function of employees in the organizations that leads to both financial and non-financial performance, it is necessary for management to increase the motivation of their employees. Plenty of researches were conducted in past decades in the topic of employees motivation with the purpose of finding the factors that affect the employees’ motivation significantly. This paper examined employees’ motivation factors in one of Indonesia’s state owned company. Through qualitative approaches, in-depth interviews were conducted to eight active employees with a focus on four predetermined motivation factors that are salary, growth opportunity, work-life balance, and reward/recognition. The result found that all of the predetermined factors has an influence on the employees’ motivation in order to perform well in the company. Furthermore, the findings also discover some conditions required to be improved regarding specific employees characteristic such as supervisory level position. In the end, this paper is expected to generate some possible recommendations for organization in order to maintain and increase employees’ motivation.
DEFINING THE ROOT CAUSE OF JAKARTA MBA STUDENTS’ COMPLAINT USING 5-C TQM MODEL OF ACADEMIC EXCELLENCE Salam, Karta Negara; Salam, Sri Wijaya
Hasanuddin Economics and Business Review VOLUME 3 NUMBER 2, 2019
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v3i2.2009

Abstract

In the competitive world of education, there are many universities competing to improve the quality of education services, employee performance, and produce graduates with integrity and professional skills. One of them is SBM ITB Jakarta which is the location for the research. The purpose of this study was to determine the root causes of the quality of MBA ITB Jakarta services by using a qualitative approach and “5C TQM of academic excellence” model as a guideline to improve the quality of education services. While for the technique of collecting data and analyzing qualitative data using interviews with respondents, the respondents in the study were university staff, lecturers, SBM ITB Jakarta management, and students. The results of the study concluded that there absence of such clear role from every unit involved (in this case SBM ITB Jakarta staff, lecturers, and management) as the root cause of student complaints related to the service quality of SBM ITB Jakarta. Miscommunication and misperception cannot be avoided because every unit has different perceptions and expectations toward each other.
WOMEN'S DECISIONS TO BE AN ENTREPRENEURSHIP IN THE INFORMAL SECTOR IN MAKASSAR Karim, Kasnaeny; Jibril, Hadira Thumaninah
Hasanuddin Economics and Business Review VOLUME 3 NUMBER 2, 2019
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v3i2.2028

Abstract

This study aims to determine the factors underlying women with high school education levels up to Bachelor, for entrepreneurship in the informal sector. Answer the research problem; the data were collected through 22 informants and then analyzed using a qualitative phenomenological approach. The results showed that six factors were underlying the decision of women to become entrepreneurs in the informal sector, which consisted of leisure time factors, Socio-cultural factors, Marriage factors, Ease factors, Capital Factors, and Economic Factors.
Achieving Sustainable Future through Indigenous People: The Case of Weaver Community in South Pringgasela, West Nusa Tenggara Marinda Putri, Anggina; Kusumastuti, Retno
Hasanuddin Economics and Business Review VOLUME 3 NUMBER 3, 2020
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v3i3.2052

Abstract

This article discusses weave fabric as one of the potential industrial development areas in East Lombok, West Nusa Tenggara. The discussion is conducted by looking at indigenous people as resources that need to be maintained. Indigenous people are native people of an area or natives who maintain the indigenous knowledge as local wisdom of the area. Lombok has weave fabric as a valuable cultural heritage. In the beginning, many villages in Lombok developed various kinds of weavings. However, due to the development of each of the village’s territory, few were able to survive and some had even become extinct due to the declining number of weavers. This is what had led to the establishment of a group of weavers in South Pringgasela. Although in the beginning the establishment of the weaver community was intended to facilitate the weavers in selling their weaving products, the weaver community eventually became a weaving information center for anyone who wants to learn about weaving. This step will achieve success if the surrounding indigenous community were to actively carry it out. A sustainable result is achieved because it is rooted in the weaver community itself. This study employed mixed methods and collected data by using questionnaires, observations and in-depth interviews. 
Impact of Governance on Financial Development: evidence from West Africa Abubakar, Yahaya Ibrahim; Mustapha, Rafiu Ayobanji; Ajiboye, Emmanuel Shola
Hasanuddin Economics and Business Review VOLUME 3 NUMBER 3, 2020
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v3i3.2055

Abstract

The study explores the impacts of governance on financial development in West African countries.Data for the study were obtained from the World Bank Database covering the period from 2006-2017. The variables for governance comprises of the six world governance indicators while financial development was represented by ratio of bank deposit to GDP and domestic credit to private sector. The control variables included in the model are interest rate, inflation, GDP per capita and trade openness. The findings from the study revealed that political stability and absence of violence, and regulatory quality have significant effects on both proxies of financial development. Also, voice and accountability, trade openness and interest rate show significances on the ratio bank deposit to GDP while government effectiveness (negative), rule of law, and control of corruption show significances on domestic credit to private sector. Thus, improving the quality of governance through strengthening legal and institutional frameworks, enforcement of standards and empowering of supervisory agencies, introducing an efficient regulatory environment to facilitate financial inclusion will play significant roles in the pace of financial development in the West Africa region. Keywords: Governance, Financial Development and West Africa
Financial Statement Ratio Analysis to Predict Bankruptcy nn Company Registered in BEI - Jakarta (Altman Z-Score Method and Zmijewski) Silvan, Andi
Hasanuddin Economics and Business Review VOLUME 3 NUMBER 3, 2020
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v3i3.2188

Abstract

AbstractThis study takes the topic of predicting corporate bankruptcies. This research dqlam use traditional methods Altman Z-Score and Zmijewski. The purpose of this study was to obtain in-depth information about predicting bankruptcy of companies that are not necessarily directly to bankruptcy, but there is financial distress.Based on the results of research conducted on the four (4) non industrial manufacturing company listed on the Indonesia Stock Exchange (BEI). Obtaining the value z-score represents the average company are in good condition, which means no financial distress. Acquisition value of x-score has a value of less than 0 (zero) which means that the company is in good condition and is predicted not experiencing financial difficulties. This study led to the conclusion that the Altman Z-Score and Zmijewski method can be used to predict corporate bankruptcy. Keywords: Financial Ratios, Bankruptcy, Company.
Fundamental Factor Analysis on Stock Returns Based on the Panel Data of LQ'45 Index Sumani, Sumani
Hasanuddin Economics and Business Review VOLUME 3 NUMBER 3, 2020
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v3i3.2195

Abstract

This study aims to investigate the influence of fundamental factors on stock returns on the companies listed in the LQ’45 index in the Indonesia Stock Exchange. This research uses explanatory research design. The population consists of 45 companies listed in the LQ'45 index. The purposive sampling technique is used and collected a total of 23 companies as the sample. The number of samples was 23 companies because these companies consistently formed the LQ'45 index for the 2014-2018 periods. Those companies are fulfilling the criteria which are continually included in the LQ’45 index throughout the analysis period. Thus, the data panels used in this study were as much as 115 observations. Fundamental factors proxies by TATO, MBV, CR, DER, NPM, and EPS. The multiple linear regression analysis is used and the results showed that TATO has a significant positive effect on stock returns, MBV has a significant negative effect on stock returns, while CR, DER, NPM, and EPS have no significant effects on the stock return of LQ’45 index-listed companies.
Improving Business Performance through Innovation Strategy and Total Quality Management practice: Survey on the Pharmaceutical Industry In Indonesia Syoemantri, Yuli Fitriyani; Azis, Yudi; Rivani, Irvan; Khaltum, Umi; Sihotang, John
Hasanuddin Economics and Business Review VOLUME 4 NUMBER 3, 2021
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v4i3.2203

Abstract

The main purpose of this research is to analyze the relationship between innovation strategy and Total Quality Management in improving business performance. The object study of this research is pharmaceutical Industries in Indonesia. This research reveals the proper innovation strategy execution and effective implementation of Total Quality Management in business performance improvement. In this context, data collected from 168 managers at 42 firms operating in pharmaceutical industry in Indonesia were analyzed. The partial least squares structural equation modeling (PLS-SEM) method is used to test the hypotheses both of reflective and formative construct with second order/higher order construct in our model of study. The findings support the hypothesis that there is a positive and significant effect of innovation strategy and Total Quality Management on improving business performance of the company. The result of this research will have strategic implications for the company and expect to be used as feedback related to the execution of their innovation strategies and TQM implementation promptly to improve their business performance.
THE DETERMINING FACTORS OF STUDENT INTENTION TO DONATE IN SOCIAL CROWDFUNDING MEDIA Manggarani, Cynthia Ayu; Ahmad, Zulfikar Ali
Hasanuddin Economics and Business Review VOLUME 4 NUMBER 1, 2020
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v4i1.2294

Abstract

The issue of social crowdfunding has been widely discussed in various countries. In Indonesia, social crowdfunding media platforms are frequently used for social activities such as the donation for the victims of natural disasters or donation for people who suffer from financial deficiency. However, empirical research on social crowdfunding is finite. Even though the platform has been extensively used by the society, the lack of interest towards study in social crowdfunding is evident due to the obscureness of government regulations regarding the fundraising media. Considering the enormous contribution of social crowdfunding media for the people in need, the enthusiasm of the society to participate in the donation activities thus need to be elevated. This study aims to determine the degree of one’s motivation in trying to try to donate through social crowdfunding media. The data of this research was collected using survey method with a total of 300 respondents.
Reflection of Customer Experience and Destination Image of Tourist Trust through Satisfaction Mediation Suryaningsih, Ika Barokah; Nugraha, Kristian Suhartadi Widi; Sukmalangga, Arnas Yulio
Hasanuddin Economics and Business Review VOLUME 4 NUMBER 1, 2020
Publisher : Faculty of Economics and Business, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hebr.v4i1.2329

Abstract

In the tourism services sector, tourist experience and destination image are the keys to create tourist satisfaction. Thus, tourists are expected to gain pleasure and lead to a build of tourist' trust in the beach destination. Research objectives are to prove the effect of customer experience and destination image on trust through the mediation of tourist satisfaction. The population were all tourists who had visited a beach in Trenggalek Regency more than two times. The sampling technique used was accidental sampling with 193 respondents. Data collection was carried out by a questionnaire containing statement items which were given a score of 1-5 using a Likert scale, and the analysis tool was use PLS. The results imply that customer experience and destination image affect tourist satisfaction. Tourist experience was not significant on trust, but destination image influences trust of the tourist.On the other hand, tourist satisfaction affects tourist' trust. This research proves that the more satisfied tourists, it would be to increase tourist’ trust. The Sobel test shows that the intervening variable, namely tourist satisfaction, can mediate the influence of the variable of tourist experience and destination image on trust when visiting the beach