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Jurnal Manajemen Indonesia
Published by Universitas Telkom
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Articles 10 Documents
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Search results for , issue "Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia" : 10 Documents clear
Analysis of Cross-Cultural Understanding on Leadership Style: A Case Study of Thai and Indonesian Cultures on PT ‘Tomyum’ Tbk Rayson Maylano; Tampubolon, Lamtiur Hasianna
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.5834

Abstract

Companies around the world have expanded their business overseas through globalization that eases the restrictions for the movement of resources between countries. These companies who operate their businesses overseas faces challenges to help them achieve their objectives. The skill needed for these challenges is called cross-cultural understanding and if the leaders who dealt with diverse cultures fail to implement it, conflict might occur. Thus, having a good cross-cultural understanding is useful to minimize unintended conflict and applying the right cross-cultural leadership style is also necessary. PT ‘Tomyum’ Tbk. is an animal feed company based in Jakarta who employed people from Indonesia and Thailand. This research aims to find out which leadership style the company implements by using the GLOBE study’s cross-cultural leadership style and the GLOBE study’s nine cultural dimensions, also the coping mechanism that company’s leaders use to deal with the cultural differences within the company. This research is a single case research using a qualitative method with in-depth interviews conducted towards the employees of PT ‘Tomyum’ Tbk. to collect the data. The findings of this research suggest that the company is implementing the team-oriented leadership style by having good in-group collectivism values and uncertainty avoidance and lack no cultural dimensions overall. The company also has the same goal as their employees and the Thai manager also learns how to speak Bahasa Indonesia to minimize communication problems when dealing with his subordinates.
The Nexus Between Green HRM Practices And Organizational Sustainability Performance: Evidence From Indonesia Nugraha, Andhyka Tyaz; Sunarti, Sunarti; Makitsuna, Farhand
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.6925

Abstract

Green Human Resource Management (GHRM) is an management approach that pursues to integrate environmental perspective into conventional human resource activities. This approach is characterized by a systematic and scheduled synchronization with the organization’s environmental priorities, which is viewed as providing a balanced perspective that aligns employees with the organization’s environmental policy. Introducing, enforcing, and embracing systemic changes among employees is one of the most important GHRM objectives, as green-based activities are frequently difficult to implement. GHRM practices serve a crucial role in the context of organizational sustainable development in achieving sustainability objectives. Prior research has evaluated GHRM as a unidimensional or second-order construct consisting of three or four dimensions. However, the current study extends previous research by identifying six categories of GHRM practices and empirically evaluating the impact of each of these elements on corporate sustainability. The study collected data from 347 HR directors working in Indonesian organizations and analyzed the data using SmartPLS 3.2.8. The findings revealed that three out of the six GHRM activities were significantly related to organizational sustainability performance. The study offers theoretical and practical implications for potential researchers and HR managers, particularly in the Indonesian context.
Pemetaan Penelitian Wealth Manajemen (2013 - 2023); dengan Bibliometrik Vosviewer dan Tinjauan Pustaka Rohmadi; Bagaskara, Doni yusuf; Hikmah, Ulvi Faiqotul
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.7151

Abstract

This study aims to map the topic of wealth management using a mix-method approach, which combines biometric studies of VOSviewer and review literature. Research period of 10 years (2013-2023). Data analysis techniques include: (1) mapping the number of journal publications around wealth management; (2) mapping the results of VOSviewer bibilometric visualization related to wealth management topics by mapping network visualization, overley visualization, density visualization; and (3) mapping research topics around wealth management using the Review literature study. The results showed that (1) based on mapping the number of journal publications, there were 300 wealth management topics; (2) Based on network visualization mapping, there are 5 clusters with 65 topics related to wealth management. Based on Overley Visualization mapping, it shows the longest publication year, namely Islamic Wealth Management, and research with the latest year, namely Wealth Management Bank. Based on density visualization mapping, the most researched topics are wealth management, product wealth management and Islamic wealth management while the topics that are rarely studied are bank wealth management, industry, business, accumuation, and firm wealth management, private banking; (3) Based on the mapping of the Review literature, there are 11 topics around wealth management. The application of this research is to map topics related to wealth management and show research rarely researched and popular research to be researched so that it can be a reference for further research with related themes.
Behavioral Biases and Trust in Social Trading: A Mixed-Method Approach Hidajat, Taofik; Hamdani, Muliawan; Putri, Ratna Komala; Ramadhan, Abian Mirza
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.7547

Abstract

This research was conducted to extend the study of social trading using the behavioral finance perspective, the role of trust and a mixed-method approach from followers on social trading platforms. This research uses a mixed-method approach. In the first stage, semi-structured interviews were conducted with 11 follower traders by snowball sampling to find out the factors that influence traders' investment and trading behavior through social trading platforms. The second stage will quantitatively test the model using SmartPLS with 342 follower traders. Respondents in the second stage are followers of traders with real accounts on social trading platforms. Data was collected by accidental sampling using an online questionnaire distributed through forums and trader communities. The behavioral finance perspective is the basis of this research because empirical psychology can provide a good explanation when people are faced with uncertainty, which in this case is the uncertainty of trading results. Until now, research on social trading has mostly discussed about behavioral biases from the perspective of top leaders, not followers. Why people trust and mimic the behavior of traders through social trading platforms is an interesting question. Trust plays a vital role in the world of finance and technology, but very little research has addressed the role of trust in social trading. This research closes that gap by discussing the role of trust in social trading from a behavioral finance perspective. The results of this study conclude that Optimism, Herding, Stereotype bias, Confirmation bias, and Hot hand fallacy have a positive effect on trading decisions. Trust in trader leaders also strengthens the influence of optimism and stereotype bias on trading decisions.
Factors Affecting Personal Attitude of Undergraduate Agricultural Students to Start a Business: The Moderating Role of Family Business Status Mavhungu, Mbulaheni Lordwin
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.7765

Abstract

This study investigates the relationship between access to resources, subjective norms sociocultural forces; and the personal attitude of undergraduate agricultural students towards establishing a business. This relationship was looked at from a family-business status viewpoint. Data was collected from students of the six universities in South Africa registered for various agricultural programmes. Data analysis was computed using SPSS version 29. The study confirmed that subjective norms and sociocultural forces predict personal attitude towards starting a business, but not access to resources. The moderating role of family business status was not statistically significant for all factors. However, undergraduate agricultural students' access to resources and family business status relationships from families not owning a business were statistically significant. A significant relationship was also found between subjective norms and the family business status of agricultural students. The entrepreneurial syllabus should expose students to these extrinsic factors, as this shapes their attitude towards engaging in entrepreneurship. A positive personal attitude will likely lead to business establishment. Farming and entrepreneurship can address youth unemployment, employment creation, economic growth, and fighting poverty. Entrepreneurship is influenced by access to resources; however, agricultural students aren't finding it significant. Therefore, entrepreneurial education is essential for students to gain knowledge of this important business start-up factor.
Effect of Technology Towards Performance Through Work Stress in Land Agency Riau Island Olenka, Rangga Ikrar Gombang; Wibisono, Chablullah; Khaddafi, Muammar
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.7808

Abstract

Many factor believed to be affecting job performance like Technology, Organizational Support, Individual Characteristics, Individual Adaptability. But what if those factor are mediating by another factor, like work stress?. This study used the quantitative Method with Analysis Tool using AMOS version 24. The population in this study were all state civil servants in the Regional Office of the National Land Agency and the Land office in Riau Islands Province, totaling 266 people and sampling technique by using Slovin and got 160 people. The result showed that Technology negatively influence work stress, Organizational support positively influence work stress, no significant influence of individual characteristics toward work stress, Individual adaptability positively work stress, Work stress has a significant positive direct influence on employee performance, Technology shows a significant positive direct influence on performance, there is no significant direct influence between organizational support and performance, Individual characteristics have a significant negative direct influence on performance, there is no significant direct influence between individual adaptability and employee performance. For mediating testing, work stress does not mediate the influence of technology on employee performance or individual characteristics on employee performance; rather, it fully mediates the influence of organizational support on performance and individual adaptability on employee performance. Square Multiple Correlation for Work Stress = 100% and Performance = 68,3%. This research indicates that work stress at a certain level will greatly improve various aspects of employee performance and give new insight into the positive impact of work stress.
Analisis Perbandingan Pengaruh Komunikasi Budaya dan Komunikasi Antarpribadi terhadap Niat Mengunjungi Event Kembali Setiawan, Romi; Wibisono, Dermawan; Purwanegara, Mustika Sufiati
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.8162

Abstract

This study explores the impact of regional cultural dynamics on event engagement and revisit intentions in Indonesia, focusing on differences between Java and Non-Java regions. Using Multigroup Analysis in Partial Least Squares Structural Equation Modeling (MGA-PLS), the study compares how differences in regional culture affect consumer behavior, going beyond the usual focus on differences in race. Results indicate no significant differences in the influence of cultural dynamics on event engagement between these regions, highlighting a uniform effect of cultural factors on consumer behavior towards events. Mediation analysis shows that event engagement significantly mediates the relationships between cultural characteristics such as interpersonal communication, social hierarchy, collective decision-making, and revisit intentions. Furthermore, factors like individual autonomy and social rituals directly impact revisit intentions, emphasizing their crucial roles in shaping consumer decisions at events. These findings suggest that despite regional cultural nuances, their overall impact on consumer behavior remains consistent across different settings. This research provides valuable insights into the complex interplay between culture and consumer behavior in Indonesia’s diverse socio-cultural landscape, offering practical implications for event organizers to develop universally appealing yet culturally attuned engagement strategies.
Comparative Analysis Before and After Spin-Off on Financial Performance Lea Putri, Helma; Kadir
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.8212

Abstract

Introduction/Main Purpose: This research aims to examine the influence before and after the spin-off on the financial performance of PT Pelindo Terminal Petikemas (TPK) Banjarmasin. Background of the problem: The reason a company implements a spin-off strategy is to prioritize activities that are appropriate to its field of operation, so that the company can concentrate more on appropriate business segments and is expected to improve the company's financial performance. In Indonesia, several companies are carrying out spin-offs as part of their strategy to improve long-term performance, one of the companies that is carrying out spin-offs is PT Pelindo Terminal Petikemas. PT Pelindo Terminal Petikemas-TPK Banjarmasin before 2022 will still be merged with PT Pelindo III Regional Kalimantan. After undergoing a spin-off process on February 1 2022, PT. Pelindo III Regional Kalimantan and PT. Pelindo Terminal Petikemas (TPK) Banjarmasin is no longer under one management. Research gap/Novelty: Previous research results are still inconsistent. PT Pelindo, which has just carried out a spin-off, needs to compare its financial performance before and after implementing this strategy. Further analysis of financial statements and financial ratios can provide an overview of the strategic impact of this spin-off on the company's financial health. Research methods: This research is descriptive qualitative research using financial report data and financial ratios as well as interviews with related parties. Findings/Results: Based on the analysis of the Current Ratio, Cash Ratio, and Debt to Equity Ratio, PT Pelindo's performance before the spin off was better. However, the results of the net profit margin analysis show an increase in operational efficiency and company cost management. Conclusions and implications: After carrying out the spin off, PT Pelindo must improve the company's financial performance so that it can reach industry standards. Keywords— Spin-off, Financial Statement Analysis, Financial Ratios, Financial Performance;
Macro Determinants on Non-Performing Loans of Indonesia Commercial Banks (Credit Risk Scenario) Hariyanti, Dini
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.8214

Abstract

A stable financial system is significant for an economy. Commercial banks play a critical role in facilitating the flow of credit and boosting the productivity of businesses through investment funding. In addition to receiving deposits, commercial banks provide loans to customers, exposing them to credit risk in the form of non-performing loans (NPL). This study aims to analyze the determinants of NPL and stress-test macro variables in the Indonesian banking system. The findings of this study, which used a data panel (Stata 17) and the Monte Carlo Stressing test of the Value at Risk (VAR) approach by studying a sample of 43 Commercial Banks listed on the IDX from 2008.1 to 2023.4, are significant. The main findings are Non-Performing Loan lag -1 (NPLt-1), Loan Deposit Ratio (LDR), Interest rate (SBI) and inflation (INF), and the significance of Non-Performing Loan (NPL). The results of the NPL Stress Scenario based on the VaR approach with interest rate and inflation shock carried out are still much lower than based on the provisions of Bank Indonesia Regulation Number 06/10/PBI/2004 concerning the Health Level Assessment System for Commercial Banks, the NPL ratio is 5 percent. It can be concluded that the NPL condition of commercial banks in Indonesia from 2008 to 2023 is still below the specified limit to face serious credit problems. These significant findings can engage and interest the audience, particularly those involved in the Indonesian banking system and macro prudential policies, and provide them with valuable insights. Keywords—Commercial Banks; Non-Performing Loan; Value at Risk
Meneliti Pendorong Perilaku Menabung di Kalangan Pengusaha Perempuan di Nigeria Ademola, Abimbola; Kazeem, Bayo; Oladejo, Titilayo M
Jurnal Manajemen Indonesia Vol. 24 No. 2 (2024): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v24i2.8224

Abstract

Savings behavior among women entrepreneurs is a crucial factor in fostering financial independence and business sustainability. Therefore, this study examined the drivers of savings behavior among women entrepreneurs in Oyo State, Nigeria, Specifically, the influence of socio-economic variables, availability of financial services, and cultural and societal norms on the saving behavior of women entrepreneurs was investigated. Using a sample size of 240 respondents, data were collected through structured questionnaires and interviews, then analyzed using descriptive statistics and regression analysis. The results showed that socio-economic factors like age, education, income, and years of experience positively reinforce saving behavior, while larger household size negatively affects the ability to save. Besides, access to financial services-driven by proximity to institutions of finance, availability of financial products and interest rates, financial literacy programs, use of digital financial services-emerged as a critical driver of saving behavior. These results further indicated that savings decisions are highly influenced by cultural expectations, family influence, and religious belief, revealing that policy intervention in the financial inclusion of women as entrepreneurs must not just consider the economic factors but also the cultural and social contexts. The study further recommends the implementation of financial literacy programs for women entrepreneurs, the development of accessible financial products by institutions, and community-based initiatives for changing positive cultural narratives concerning women's financial independence.

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