cover
Contact Name
Achmad Muchayan
Contact Email
achmad.muchayan@narotama.ac.id
Phone
+6285710882720
Journal Mail Official
ijebd@narotama.ac.id
Editorial Address
NAROTAMA UNIVERSITY AR HAKIM 51 SURABAYA INDONESIA www.narotama.ac.id
Location
Kota surabaya,
Jawa timur
INDONESIA
IJEBD (International Journal Of Entrepreneurship And Business Development)
ISSN : 25974750     EISSN : 25974785     DOI : https://doi.org/10.29138/ijebd
Core Subject : Economy,
Focus and Scope IJEBD International Journal of Entrepreneurship and Business Development is an international, peer-reviewed journal publishing articles on all aspects of Entrepreneurship and Business Development. All accepted articles will be published on payment of an article-processing charge, and will be freely available to all readers with worldwide visibility and coverage. Section Policies Articles Open Submissions Indexed Peer Reviewed Attachment Open Submissions Indexed Peer Reviewed
Articles 749 Documents
the Effect of Corporate Governance and Liquidity Risk on Firm Value in the Banking Subsector Listed on the Indonesia Stock Exchange in 2022-2024 anisa pratiwi; Firman Hidayat
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 5 (2026): September 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i5.3658

Abstract

ABSTRACT Purpose: The main purpose of this study is to gain a better understanding of the impact of corporate governance and liquidity risk on firm value, both partially and simultaneously. Design/methodology/approach: This research uses a quantitative method by utilizing secondary data taken from annual reports and financial statements of banking companies listed on the Indonesia Stock Exchange for the 2022-2024 period. The samples used in the study were selected using a purposive sampling method, resulting in 120 observations from 40 banks over three years. For data analysis, multiple linear regression is used with the support of IBM SPSS Statistics software through classical assumption testing, which includes tests for normality, multicollinearity, heteroscedasticity, hypothesis testing (t-test), Simultaneous Test (F Test), and autocorrelation. In addition, data transformation and the use of lag methods were also conducted to improve the accuracy of the research model. Findings: Evidence shows that corporate governance does not have a significant effect on Company Value, while Liquidity Risk has a significant effect. These findings indicate that investors are more responsive to the company's financial condition compared to the corporate governance structure. Simultaneously, corporate governance and liquidity risk have a significant effect on company value in the banking subsector listed on the Indonesia Stock Exchange for the 2022-2024 period. Research limitations/implications: This research has several limitations, namely that it only uses two independent variables, namely corporate governance and liquidity risk. Furthermore, the corporate governance variable is only proxied using independent commissioners, so it does not fully reflect the quality of corporate governance implementation as a whole. In addition, the time scope of this research is limited to specific periods and company sectors. Practical implications: This research highlights the importance of liquidity risk management as well as the implementation of corporate governance in increasing investor confidence and capital market efficiency, which will ultimately support sustainable economic growth and development. Originality/value: This research contributes to the development of literature on the influence of corporate governance and liquidity risk on firm value in the banking subsector in Indonesia. The value of this study lies in the utilization of the latest data from 2022 to 2024 as well as testing both variables simultaneously to explain firm value. Paper type: Research Paper Keyword: Corporate Governance, Liquidity Risk, Firm Value, Agency Theory, Signaling Theory.
Detection of Asphalt Pavement Damage using YOLOv11 Segmentation on SDI and IKP Methods in Road Condition Classification Idy Safriadi; Leksmono Suryo Putranto; Said Basalim
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 4 (2026): July 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i4.3758

Abstract

Purpose: Assessing the condition of road infrastructure in Mempawah Hilir Regency which has a total road length of 48.20 KM using conventional methods is time-consuming and prone to subjective bias. This study proposes the digitization of road pavement condition evaluation through the development of a computer vision-based analytical system. Design/methodology/approach: This system integrates the YOLO11 artificial intelligence model and the ByteTrack object detection algorithm to automatically extract road surface anomaly metrics from survey video recordings. The evaluation is quantified using the Surface Distress Index (SDI) and the Pavement Condition Index (PCI). Findings: Case study test results show an SDI value of 137.50 (Mild Damage category, Rehabilitation recommendation) due to the severity of specific focal degradation, while the IKP extraction achieved a score of 71.41 (Good category, Periodic Maintenance recommendation) given that the macro-level damage area ratio was very minimal, at 0.56%. The integration of this technology has proven to accelerate the visual inspection process and provide a comprehensive comparative perspective to support precise and efficient decision-making regarding road infrastructure maintenance. Paper type: Research Paper
Passenger Terminal Facilities and Service Performance in Maritime Transportation Dedy Rusmiyanto; Ratna Hidayati
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 3 (2026): May 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i3.3858

Abstract

Passenger terminal facilities directly influence safety, comfort, accessibility, and service reliability at public ports. In Indonesia, evaluation is required by national passenger-service standards, yet evidence from different port classes is rarely analyzed within one consistent framework. This study evaluates the performance of passenger terminal facilities and services at Tanjung Perak Surabaya, Tanjung Emas Semarang, Benoa Bali, and Lembar Lombok. A mixed-method evaluation was conducted from January to September 2024 using passenger questionnaires, facility checklists, field observation, interviews, focus group discussions, and documentation. Four hundred passengers were surveyed, with 100 respondents at each port. Forty-one indicators were organized into six dimensions: safety, security and order, reliability/regularity, comfort, convenience, and equality. Data were analyzed using Customer Satisfaction Index (CSI), Importance-Performance Analysis (IPA), and Quality Function Deployment (QFD). All dimensions showed acceptable reliability, with Cronbach's alpha values ranging from 0.62 to 0.95. CSI values ranged from 80% to 88%, with an overall mean of approximately 84.8%. Although overall satisfaction was high, IPA identified distinct priority problems at each port, including emergency and health facilities, CCTV and parking, flood-response equipment, schedule reliability, toilets, complaint services, public transport, terminal layout, and free Wi-Fi. QFD further translated passenger needs into technical improvement priorities. The contribution of this study is a comparative, regulation-based evaluation across four port classes using a common indicator framework and integrated prioritization methods. The findings show that high aggregate satisfaction should not replace attribute-level diagnosis when planning facility improvements.
Analysis of Clincer Loading on Loading Rate at PT. Semen Indonesia Tuban Sutini Sutini; Purwanto Purwanto
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 1 (2026): Jan - Feb 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i1.3860

Abstract

The final project, entitled "Analysis of Clinker Loading On Loading Rate at PT Semen Indonesia Tuban's Special Port", aims to evaluate the efficiency and effectiveness of clinker loading operations at the special port. This study focuses on three main objectives: Determining the clinker loading rate for two different ships, Analyzing the impact of truck waiting time on loading productivity, Assessing the costs associated with docking the ship during the loading process. This study uses a quantitative descriptive methodology, using data collected from direct observation and secondary sources related to port operational performance. The results show that there is variation in loading rates between months, with significant differences in productivity related to equipment performance and operational delays. These findings highlight the importance of optimizing the loading process and equipment maintenance to improve overall efficiency. Recommendations that can be given are: Improvement of loading and unloading equipment, Improvement of workforce training, Streamlining of operational procedures to reduce costs and improve service quality. The results of the Special Port Performance Analysis of PT. Semen Indonesia Tuban based on several Loading Rate values for ships A and ship B during clinker loading with the highest average in October on ship A with an average of 26.799%. Based on Q/P/D on the influence of truck waiting time when carrying out the most number of loading processes in September on the 1st trip amounted to 44.780%, with the number of trucks 1.193% and HCT crane truck waiting time with an average time of 1.90%. The amount of ship casing costs during the Clinker loading process with the highest cost was in September on the 4th trip with a total cost of IDR 123,373,242 with a loading cost of IDR 688,704,000.
The INFLUENCE OF PRACTICAL BANKING EXPERIENCE ON OPERATIONAL RISK IDENTIFICATION IN MAURITIAN BANKS Sharanam Abbana; Lovena Ramdani; Ferina Marimuthu
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 5 (2026): September 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i5.3628

Abstract

Operational risk remains a significant challenge for the banking sector, particularly in developing economies where institutional resilience is still evolving. While much of the academic and regulatory discourse has focused on frameworks and systems, the role of human capital, specifically practical banking experience, in identifying operational risks remains underexplored. This study investigates the correlation between practical banking experience and the identification of operational risks in the Mauritian banking sector. This study employs a descriptive, cross?sectional survey of banking staff in Mauritius (150 distributed, 104 complete) and analyses the data through statistical analyses namely; Pearson correlation, chi?square tests and multiple regression. The study revealed a positive and significant relationship between the level of practical banking experience and the ability to recognise key risk exposures. These findings suggest that banking experience enhances operational risk sensitivity and underscores the need to integrate staff experience into risk governance frameworks. The study contributes to the literature on risk management and offers practical insights for improving governance, training, and regulatory practices within emerging financial markets.
The Effect of Competence and Person–Job Fit on Employee Performance in Supporting Organizational Performance: Evidence from a Manufacturing Company in Cirebon sadam shahbana; Noveria Susijawati
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 5 (2026): September 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i5.3650

Abstract

Purpose: This study aims to examine the effect of competence and person–job fit on employee performance in medium-scale manufacturing companies in Cirebon. Design/methodology/approach: This study employs a quantitative approach with an associative research design. Data were collected through questionnaires distributed to 128 employees and analyzed using multiple linear regression. Findings: The results indicate that competence has a positive and significant effect on employee performance. This suggests that higher levels of competence, including knowledge, skills, and work attitudes, enable employees to perform tasks more effectively, reduce errors, and enhance productivity. In addition, person–job fit also has a positive and significant effect on employee performance. This indicates that a higher level of alignment between individual abilities, interests, and job demands leads to greater work comfort, higher motivation, and more optimal performance. Simultaneously, competence and person–job fit contribute significantly to improving employee performance, which ultimately supports overall organizational performance.
Determinants of the Effectiveness of Public Procurement Risk Management Processes in Tanzania: Evidence from Tanzania Public Service College Yussuf A Masoud
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 5 (2026): September 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i5.3669

Abstract

This study examined the factors affecting the effectiveness of public procurement risk management at Tanzania Public Service College. Guided by the Resource-Based View and Stakeholder Involvement theories, the study focused on human capital, organizational culture, top management support, and stakeholder involvement. Design/methodology/approach: The study employed a quantitative approach; data were collected from 120 respondents through structured questionnaires and analysed using descriptive and inferential statistics Findings: The findings showed that the four factors jointly explained 88.1% of the variation in procurement risk management effectiveness (R² = 0.881, p < 0.001). Stakeholder involvement was identified as the strongest influencing factor, followed by top management support, human capital, and organizational culture Research limitations/implications: The study employed a case study research design, which may limit the generalisability of the findings to other organisations, industries, or geographical contexts. Practical implications: The findings imply that the adoption of green logistics practices can contribute to the reduction of operational costs and improve overall organisational performance. Originality/value: The study contributes original empirical evidence, as the data were collected directly by the researcher from the selected study sample.
Improving Customer Satisfaction and Loyalty Through Value Co-Creation, Customer Value, and Social Media Marketing Activities Yuyu Jahratu Noor Santy; Muhammad Achiril Haq
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 5 (2026): September 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i5.3730

Abstract

Objective: This research is intended to examine how value co-creation, customer value, and social media marketing activities affect customer satisfaction and how these factors subsequently relate to customer loyalty at Mitsubishi Motors Dealer Mitsubishi Mojokerto. Design/Methodology/Approach: The study applies a quantitative causal-associative design by distributing a closed-ended questionnaire to customers of Mitsubishi Motors Dealer Mitsubishi Mojokerto. From a population of 186 customers, 65 respondents were selected using the Slovin formula. The data were processed with Partial Least Squares-Structural Equation Modeling (PLS-SEM) through SmartPLS to evaluate the measurement model, structural model, direct effects, and indirect effects by positioning customer satisfaction as the mediating variable. Findings: The findings demonstrate that value co-creation contributes positively to customer satisfaction and customer loyalty. Customer value likewise shows a positive relationship with both customer satisfaction and loyalty. Social media marketing activities also have a positive effect on customer satisfaction and loyalty, particularly because informative, interactive, responsive, and relevant content supports the formation of customer experiences. Customer satisfaction is further proven to strengthen customer loyalty. The mediation analysis indicates that customer satisfaction mediates the effect of customer value and social media marketing activities on customer loyalty, while it does not mediate the relationship between value co-creation and customer loyalty. Limitations: The scope of this study is restricted to customers of Mitsubishi Motors Dealer Mitsubishi Mojokerto and involves a relatively limited sample; therefore, the findings should be generalized with caution. Future studies are encouraged to broaden the research setting to other dealers, brands, or geographic areas and to include additional variables such as trust, customer engagement, brand image, relationship quality, or emotional attachment. Research implications: Dealer management should reinforce customer value by improving service quality, ensuring price suitability, simplifying access, and delivering benefits that are relevant to customers. In addition, social media should be managed in a consistent, informative, responsive, and interactive manner to support higher customer satisfaction and loyalty. Originality/value: The contribution of this study is reflected in the development of an automotive customer loyalty model that integrates social media marketing activities as a strategic element representing digital communication, customer interaction, responsiveness, and electronic word of mouth in shaping customer satisfaction and loyalty.
THE EFFECT OF COMPETENCY TRAINING EFFECTIVENESS ON EMPLOYEE PERFORMANCE AT THE DIRECTORATE OFFICE OF PABRIK GULA RAJAWALI I SURABAYA Dedy Noivyanto; Pinky Pininta Dewi; Titok Waskito Adi
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 5 (2026): September 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i5.3735

Abstract

Purpose: This research analyses whether perceived competency training effectiveness is associated with employee performance at the Directorate Office of Pabrik Gula Rajawali I Surabaya. The focus is not only on whether training is positively received, but also on whether the response pattern is strong enough to explain differences in work performance scores. Design/methodology/approach: The manuscript applies a quantitative associative design using 60 structured employee responses prepared from the converted quantitative instrument. Competency training effectiveness and employee performance were each measured through ten Likert-scale items. The data were examined through descriptive statistics, item validity, Cronbach's alpha reliability, Pearson correlation, and simple linear regression. Findings: Training effectiveness obtained an average total score of 39.15 out of 50, or 3.92 per item. Employee performance averaged 38.62 out of 50, or 3.86 per item. The instrument was internally consistent, with Cronbach alpha values of 0.859 for training effectiveness and 0.856 for employee performance. The regression model was significant, F = 34.71, p < 0.001, with a slope of 0.607. Training effectiveness explained 37.4% of employee performance variance. Research limitations/implications: This study is limited to the available quantitative dataset; therefore, future research should involve broader field data to strengthen the generalisability of the findings. The model is analytically useful but should not be read as a complete explanation of employee performance. Practical implications: Training programmes need to be followed by workplace application, supervisor feedback, and performance monitoring. The results suggest that training delivery alone is insufficient when post-training transfer is weak. Originality/value: This article provides a quantitative perspective on competency training effectiveness and employee performance in the Indonesian sugar industry context. Paper type: Research Paper
Competence and Retention Effects on Employee Performance through Organizational Commitment at PT SBCR mohammad yusuf; H kartono
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 9 No 5 (2026): September 2026
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v9i5.3742

Abstract

High-stakes operational environments today place immense pressure on employee performance, making it a perennial headache for organizational leaders. While the industry often obsesses over sharpening technical competencies or tightening retention policies, the reality is that these factors don't automatically lead to better output. There is a "missing link" in this equation — a psychological bridge known as organizational commitment that dictates how talent actually turns into results. Our study dives into this dynamic, specifically investigating how commitment acts as a critical mediator between an employee's skills, their desire to stay, and their ultimate job performance. By surveying a specific group of 179 employees through a saturated sampling method, we applied regression and mediation models to see what’s really happening on the ground. What we found is telling: competence and retention aren't just HR metrics; they are the primary fuel for building genuine organizational commitment. When employees feel deeply attached to their workplace, their performance naturally climbs. The data confirms that commitment isn't just a side effect — it is the mechanism that explains how personal ability and stability actually drive corporate success. Simply put, if you want better performance, you cannot just train or retain; you must win the heart of the employee through fostered commitment. Research limitations/implications: Focuses only on competence, retention, and organizational commitment variables, providing opportunities for future research to explore additional factors influencing employee performance. Practical implications: Study provide practical guidance for companies in improving employee performance through competency development, retention strategies, and strengthening organizational commitment. Originality/value: Study offers empirical insight into the mediating role of organizational commitment in the relationship between competence, retention, and employee performance within the context of PT SBCR. Paper type: Research Paper