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INDONESIA
Indonesian Journal of Strategic Management
Published by Universitas Kuningan
ISSN : 26145391     EISSN : 26142406     DOI : -
Core Subject : Science,
IJSM: Indonesian Journal of Strategic Management with p-ISSN 2614-5391 and e-ISSN 2614-2406 is a peer reviewed journal published in Indonesia by the Department of Management, Faculty of Economic and Business, the University of Kuningan (Prodi Manajemen FEB UNIKU). This Journal is published twice a year : February and August. The Scope of the journal include the following topic areas: Strategic Management Human Resource Management Financial Management Marketing management Operational Management Entrepreneurship
Arjuna Subject : -
Articles 93 Documents
Analisis Volatilitas pada Hubungan Dinamis antara Nilai Tukar, Tingkat Suku Bunga dan IHSG Maulana, Yasir
Indonesian Journal of Strategic Management Vol 4, No 2 (2021): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v4i2.5745

Abstract

The aim of this study is to determine the volatility of the dynamic relationship between the Rupiah exchange rate against the United States Dollar, the bond interest rate and the Indonesia Stock Exchange Composite Stock Price Index. The data period used is from December 2008 to December 2018. This study estimates the emergence of long memory and asymmetric volatility in the dynamic relationship between these variables using the VAR and FIGARCH methods. The results showed that there was a strong indication of long memory and asymmetric volatility in all the volatility of the observed data. Asymmetric volatility for unexpected news in Negative results for the foreign exchange and bond markets. Positive shocks for foreign exchange and bond markets will trigger negative sentiment. In addition, the dynamic relationship between the bond market and the stock market is always found to be in a negative correlation. Positive results were obtained on bonds and exchange rates which were the same findings as in other developing countries. While the JCI showed positive results, volatility was more influenced by negative shocks than positive shocks for the stock market. Volatility shift in stock return is estimated using multiple breakpoints. The shift in volatility upwards externally was not caused by Indonesia's global political-economic financial condition. The finding from the analysis of the volatility model is that the presence of shocks in volatility causes abrupt changes in dynamic relationships whose effects are only in the short term.
EFEK MODERASI MOTIVASI KERJA PADA PENGARUH KOMPETENSI DAN DISIPLIN KERJA TERHADAP KINERJA PEGAWAI APARATUR SIPIL NEGARA DINAS LINGKUNGAN HIDUP KABUPATEN KUNINGAN Ardiansyah Firdaus; Disman Disman; Rina Masruroh
Indonesian Journal of Strategic Management Vol 5, No 1 (2022): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v5i1.5990

Abstract

Penelitian ini dilakukan pada pegawai Aparatur Sipil Negara Dinas Lingkungan Hidup Kabupaten Kuningan. Bertujuan untuk menganalisis efek moderasi motivasi pada pengaruh kompetensi dan disiplin kerja terhadap kinerja pegawai. Populasi dalam penelitian ini sebanyak 84 responden, dengan menggunakan teknik simple random sampling, metode pengumpulan data menggunakan angket. Kemudian dilakukan analisis kuantitatif meliputi uji instrumen, uji asumsi klasik, dan uji hipotesis. Teknik analisis yang digunakan adalah analisis regresi linier berganda dan Moderated Regression Analysis (MRA). Data hasil penelitian diolah menggunakan aplikasi SPSS 26. Hasil penelitian menunjukkan bahwa (HI) Kompetensi berpengaruh positif dan signifikan terhadap Kinerja Pegawai. (H2) Disiplin Kerja berpengaruh positif dan signifikan terhadap Kinerja Pegawai. (H3) Kompetensi dan Disiplin Kerja berpengaruh secara simultan terhadap Kinerja Karyawan. (H4) Motivasi memoderasi pengaruh kompetensi terhadap kinerja pegawai. (H5) Motivasi memoderasi pengaruh disiplin kerja terhadap kinerja pegawai.
A COMPREHENSIVE REVIEW OF WORK-FAMILY BALANCE THEORIES Ugo Chuks Okolie; Onofere Princewill OKEREKA
Indonesian Journal of Strategic Management Vol 5, No 2 (2022): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v5i2.6338

Abstract

This study offers a thorough analysis of work-family balance theories. Secondary data from books and published articles were used in the investigation. There is no widely acknowledged central paradigm for work-family balance, according to the paper's conclusion. The breadth of the study's framework, variables, or perspectives affects the theories utilized by academics in the subject of work-family balance, which can lead to omissions or overlap in frameworks or constructions. The segmentation, resources, spillover, resource drain, integration, border, and enrichment theories, among others with acceptable descriptions, are the key conceptual frameworks relevant to the work and family domains that are included in this research.
PENGARUH DEMOGRAFI DAN LITERASI KEUANGAN TERHADAP PRAKTIK MANAJEMEN KEUANGAN PERSONAL (Studi Kasus Pada Guru Pegawai Negeri Sipil di Kabupaten Kuningan ) Ita Novita; Herma Wiharno
Indonesian Journal of Strategic Management Vol 5, No 2 (2022): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v5i2.6044

Abstract

The objective of this study were to examine the influence of demography and financial literacy on personal financial management practice. Demographics in this study were devided into dimensions of gender, education level, age, number of dependents and salary class. While financial literacy was devided into financial Knowledge dimension, financial behavior and financial attitude. The amount of samples used were 375 teachers with Cluster Proportional Random Sampling. Logistic Regression with SPSS 19 and Minitab 16 used as technique of analysis. The analysis showed that gender, education level, age, number of dependents, salary class, financial knowledge, financial behavior, and financial attitudes together had a significant effect on personal financial management practices. Mean while, partially only the variables of age, number of dependents, salary class, financial knowledge (financial knowledge), and financial behavior have a significant effect on personal financial management practices. Meanwhile, the variables of gender, education level, and financial attitude partially have no significant effect on the personal financial management practice of PNS teachers in Kuningan Regency. The magnitude of the contribution or the influence of the variables of gender, education level, age, and salary group, financial knowledge, financial behavior, and financial attitude personal financial management practice is 42.1%, the rest the remaining 57.9% is the contribution of the variables outside the model. Keywords : gender, education level, age, numbers of dependent, salary class, financial knowledge, financial behaviour, financial attitude, personal financial management practice.
PENGARUH PERSEPSI, TINGKAT PENDAPATAN, DAN PROMOSI BANK TERHADAP KEPUTUSAN INVESTASI PRODUK REKSADANA (Studi Pada Nasabah Perbankan Selaku Investor Reksadana Kota Cirebon) Micki Watulandi
Indonesian Journal of Strategic Management Vol 5, No 2 (2022): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v5i2.6545

Abstract

This research is aimed to find out influence of perception, income level, and promotion in invesment decisions through a mutualfund product. The methode of collection sample used purposive sampling with criteria: respondence must be bank customer as an investor mutualfund product in Cirebon city. The  number of samples are 100 respondences. The methode used in this research is quantitive approach descriptive with model linier double regretion with SPSS 16 version. The result show that instrument in quetionnaier to be stated  valid and reliable. The coefficient of determination (R square) in this research is equal to 59,3% of perception, income level,and promotion influence invesment decision through a mutualfund product, while 40,7% is explained by other factors. Simultaneously result show the variables of perception, income level, promotion influence invesment decision through a mutualfund product this is indicated by the value of F (16,044) F table (3,28). Partially in this research result show the variables of perception and promotion are siginificantly influence of invesment decision through a mutualfund product, and the variable of income level is significantly influence invesment decision through a mutualfund product.              
Analisis Pengaruh Covid-19 dan Makroekonomi Terhadap Jakarta Islamic Index (JII) Nurul Siti Jahidah
Indonesian Journal of Strategic Management Vol 5, No 2 (2022): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v5i2.7248

Abstract

The Covid-19 pandemic has caused instability in the capital market, including the Islamic capital market, such as the Jakarta Islamic Index (JII). Besides Covid-19, macroeconomic factors can also influence the level of investment in the Islamic capital market. The data used is monthly time series data from March 2017 to March 2022, using the Vector Error Correction Model (VECM) method. This method aims to analyze the relationship between Covid-19 and macroeconomic factors to the Jakarta Islamic Index (JII) in the short and long term. Based on the research, in the short and long term period, Covid-19 variable significantly affect the JII index. On the other hand, the variables that significantly affected JII in the long term are the money supply which is, positively significant, and inflation negative significant.  
Penentuan Harga Opsi Put dan Call Terhadap Saham Nokia dengan Menggunakan Model Black-Scholes Yogi Suprayogi; Nugraha Nugraha; Maya Sari; Nurul Hutami Ningsih
Indonesian Journal of Strategic Management Vol 5, No 2 (2022): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v5i2.7285

Abstract

Options are a derivative instrument. High volatility makes options an attractive investment. Volatility can describe risk or gain. Volatility describes the probability of a stock's price over a period of time. Nokia is the code used in the stock of Nokia Corporation. The research method used in this research is descriptive method. The price of the call option premium is determined by using the Monte Carlo simulation method. The data used is Nokia stock data, with the determination of the 3 month put option expiration period from October 2020 to October 2021.          In this study, the recommended or non-recommended stocks were found in the buy and sell options with several option prices (last price) on both options. The researcher uses the black scholes model and it is found that Nokia shares are considered attractive to choose and become a recommendation for both buy and sell options for investors. Further findings can be seen in this study.
Pengaruh Kecukupan Modal, Risiko Kredit, dan Efisiensi Operasional terhadap Profitabilitas Dengan Likuiditas Sebagai Variabel Intervening Pada Bank Pembangunan Daerah Di Indonesia Fira Firmanila
Indonesian Journal of Strategic Management Vol 6, No 1 (2023): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v6i1.7317

Abstract

Penelitian ini bertujuan untuk mengetahui Capital Adequacy Ratio (CAR), Non Performing Loan (NPL) dan Operational Efficiency (BOPO) terhadap Profitabilitas (ROA) dengan Loan to deposit Ratio (LDR) sebagai Variabel Intervening pada Bank Pembangunan Daerah di Indonesia Tahun 2011 – 2020. Metode penelitian yang digunakan adalah metode kuantitatif dengan sampel 10 Bank Pembangunan Daerah. Data yang digunakan adalah data sekunder berupa data panel yang diambil dari laporan tahunan yang dipublikasikan di website Otoritas Jasa Keuangan (OJK) yang dianalisis dengan menggunakan teknik analisis jalur. Data dianalisis dengan menggunakan program SPSS 20. Kesimpulan dari hasil penelitian ini adalah CAR berpengaruh negatif dan signifikan terhadap LDR, NPL dan BOPO tidak berpengaruh signifikan terhadap LDR, CAR dan BOPO berpengaruh negatif dan signifikan terhadap profitabilitas, NPL tidak berpengaruh signifikan terhadap profitabilitas, LDR berpengaruh positif dan berpengaruh signifikan terhadap profitabilitas. LDR dapat memediasi pengaruh CAR terhadap Profitabilitas, LDR tidak dapat memediasi pengaruh NPL dan BOPO terhadap Profitabilitas.
PENGARUH PENGENDALIAN DIRI DAN LITERASI KEUANGAN TERHADAP CONSUMPTIVE BEHAVIOUR PADA GENERASI MILENIAL DENGAN LIFESTYLE SEBAGAI VARIABEL INTERVENING Lisa Wina Novia
Indonesian Journal of Strategic Management Vol 6, No 1 (2023): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v6i1.7294

Abstract

The consumptive phenomenon often occurs in the millennial generation of behavior, most of which tend to be extravagant. Consumptive behavior is influenced by several external and internal factors. These factors consist of Financial Literacy, Self Control, and Lifestyle. The purpose of the preparation of this thesis is to find out how influential Financial Literacy and Self-Control on consumer behavior in the millennial generation with Lifestyle as an intervention variable with the object of research on Longrich factory employees, Cirebon Regency. The method used in this research is descriptive method (describes) the results of the research obtained by direct observation, interviews and distributing questionnaires directly or through google forms to samples of Longrich factory employees. There is a significant influence on each variable regarding the effect of financial literacy, and self-control on the consumptive behavior of the millennial generation with lifestyle as an intervention variable.
BIG DATA: AN INDISPENSABLE RESOURCE FOR BUSINESS MANAGEMENT IN NIGERIA Grace Aruoriwo-oghene Addah; Oghenenyerhowvo Shulammite OMOGBIYA
Indonesian Journal of Strategic Management Vol 6, No 1 (2023): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v6i1.7607

Abstract

Big Data opens up new business opportunities, and businesses can use it to gain a competitive advantage. New technologies are expected to be used in business management, particularly in data exchange, document recognition, communication and text recognition, receipt and payment transactions, and excel replacement. Big Data has evolved to account for the rapidly increasing quantities of digital information systems generated, the effort required to create information that can be analyzed, and the actual use of that data as capital to increase efficiency and improve business management decision-making. Against this backdrop, this research investigates the importance of Big Data in business management in Nigeria. In order to gather data for this study, relevant information was extracted from books, conference papers, public records, journals, and other sources. This study comes to the conclusion that efficient data use is becoming the foundation of competition; Big Data fundamentally alters how companies compete and function. Businesses in Nigeria that make the necessary investments and successfully extract value from their data will have a clear advantage over their rivals. Almost every aspect of business, from research and development to sales, marketing, and supply-chain management, including new growth opportunities, has the potential to be transformed by Big Data. The study among others recommends strategies to optimize the benefits of Big Data for business value in Nigeria. This study is significant because it investigates a problem in a largely unexplored area of research in Nigeria. As a result, this research adds to the body of knowledge on the role of Big Data in business management in Nigeria.

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