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Petra International journal of Business Studies (IJBS)

ijbs
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Published by Universitas Kristen Petra Surabaya

ISSN : - EISSN : 26216426 DOI : https://doi.org/10.9744/ijbs

Core Subject : Economy, Science,

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

Petra IJBS (Petra International Journal of Business Studies, ISSN: 2621-6426) is a peer-reviewed journal published under the Master of Management program, Faculty of Economics, Petra Christian University (MM FE UKP). The journal serves as a vessel for exchanging business knowledge to scholars and practitioners, which publish their scholarly works twice a year (June and December).

Arjuna Subject : -

Articles 185 Documents

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The Effect of Transformational Leadership on Firm Performance through ERP Systems and Supply Chain Integration in the Food and Beverage Industry Kezia Jade Setiabudi; Hotlan Siagian; Zeplin Jiwa Husada Tarigan
Petra International Journal of Business Studies Vol. 4 No. 1 (2021): JUNE 2021
Publisher : Master of Management, School of Business and Management, Petra Christian University

This study aims to examine the effect of transformational leadership on company performance using ERP technology and supply chain integration in food and beverage companies. The survey uses a questionnaire designed using a 5-point Likert scale. As many as 100 questionnaires were distributed to 100 food and beverage companies domiciled in the region of Surabaya, East Java, Indonesia. Respondents were from the supervisor and upper level as considered the most knowledgeable person in the company. The number of valid data is 55 respondents representing 55 companies from 100 respondents. Data analysis using Smart PLS. The results of the data analysis show that transformation Leadership does not directly affect firm performance; transformation Leadership does not affect supply chain integration. ERP Application influences firm Performance, supply chain integration influences firm performance, ERP Application affects supply chain integration. An additional finding is that transformational leadership indirectly affects firm performance. This result enriches the insight for the manager in enhancing firm performance. This paper also contributes to the current research in the field of supply chain management.

The Role of Knowledge Sharing and Learning Orientation in Improving Innovative Work Behavior among Millennials in Indonesia Yonathan Palumian; Kristian Alvin Gunawan; Zeplin Jiwa Husada Tarigan; Aang Noviana Umbara
Petra International Journal of Business Studies Vol. 4 No. 1 (2021): JUNE 2021
Publisher : Master of Management, School of Business and Management, Petra Christian University

Millennials in Indonesia are now perceived as the main actor of the future generation in the country. As Indonesia is approaching the demographic benefit in 2030-2020, they are expected to innovate in all industrial sectors to support the nationwide development. The purpose of this study is to conduct a prediction on innovative work behavior based on knowledge sharing and learning orientation among millennial workers in Indonesia. This research was conducted under a quantitative approach with a questionnaire-based survey involving 246 millennial respondents working in several sectors. Using partial least square, the finding of this explanatory research implies that learning orientation does have no significant influence on innovative work behavior. However, knowledge sharing has a significant effect on innovative work behavior among Indonesian millennials at the workplace.

Information Technology Capabilities, Organizational Agility, and Competitive Advantage: A Study of Micro, Small, and Medium Enterprises in Indonesia Lovely Lovely; Ridhotama Shanti D. Ottemoesoe; Devie Devie
Petra International Journal of Business Studies Vol. 4 No. 2 (2021): DECEMBER 2021
Publisher : Master of Management, School of Business and Management, Petra Christian University

This paper aims to explore the relationship between information technology (IT) capabilities and competitive advantage, with organizational agility as a mediator, in the case of micro, small, and medium enterprises engaged in the fashion industry in Indonesia. Data were collected by distributing questionnaires to 180 small to medium-sized enterprises in Indonesia’s fashion industry that have used e-commerce platforms to conduct their business activities. The data were analyzed using partial least squares structural equation modeling (PLS-SEM) in SmartPLS 3.0 software. The study suggests that IT capabilities significantly influence organizational agility and competitive advantage. Therefore, the study can serve as a basis for the Indonesian government to promote digitalization and the use of e-commerce among micro, small, and medium enterprise owners in order to face changes in the market and remain competitive. It can also be beneficial for business owners and managers that aim to increase awareness of the importance of technology in their business operations. The work of this paper deepens the understanding of the relationship between IT capabilities, organizational agility, and competitive advantage, which are becoming increasingly important in the current digitalized and ever-changing business environment. It enriches the literature about micro, small and medium enterprise that is related to their IT capabilities level, how they use it to handle changes and factors that contributes in obtaining competitive advantage.

Multiple Team Membership (MTM) Implementation in the Construction Industry at D.K.I Jakarta, Indonesia; A Case Study Analysis Jennyamor Ramadhani; Ahyar Yuniawan
Petra International Journal of Business Studies Vol. 4 No. 2 (2021): DECEMBER 2021
Publisher : Master of Management, School of Business and Management, Petra Christian University

The number of activities in construction projects is increasing where the pace of development follows the development of rising funds with shorter time constraints. As a result, businesses have reacted by allocating people to numerous teams simultaneously. The purpose of this study is to explore the implementation of multiple team membership and the performance of workers as individuals and teams in the construction industry, especially in DKI Jakarta. In addition, this study also explores the appropriate approach to use so that projects carried out using MTM can run smoothly. This research employed qualitative research with a case study approach also used a structured interview method with purposive sampling of 20 workers. The location is in the construction industry in DKI Jakarta. It was found that the implementation of MTM on employees with higher positions provided more benefits than employees with lower positions. The benefits for higher employees are getting paid more, more insight, more relationships, and bids for future projects. Meanwhile, employees in lower positions only get broader insights. In addition, it was also found that the appropriate approach to use so that MTM projects can run smoothly is to improve multitasking abilities and manage schedules and strategies.

Accountants’ IT Competencies and IT Responsibilities in Supporting IT Sustainability Practice: The Variations of Students’ Perspective Hendri Kwistianus; Saarce Elsye Hatane; Melissa Wong; Eden Victoria; Angela Irena Gunawan
Petra International Journal of Business Studies Vol. 4 No. 2 (2021): DECEMBER 2021
Publisher : Master of Management, School of Business and Management, Petra Christian University

This study looks at the variability of accounting students’ perceptions in Indonesia on the importance of IT competence and IT responsibility for accountants and the importance of IT sustainability practices. This study measures different perceptions of accounting students based on gender (male and female), year of study (junior and senior), and the type of university (public and private). The majority of accounting students agree with the importance of accountants’ role in IT sustainability practices by utilizing information systems. However, differences in perceptions of accountants’ IT responsibility, accountants’ IT competence, and the importance of IT sustainability practice are found in the senior and junior student groups. This finding results in junior students being higher than senior students in understanding the importance of the accountants’ role in the IT sustainability practice. Differences were also found in the groups of students from public and private universities, where students in public universities have a higher perception than students in private universities toward IT sustainability issues. There is no difference in perception in the gender group. This study can be helpful for higher education providers and teachers in accounting who play an essential role in supporting students to understand the practical implementation in accounting professions regarding their role in sustainability through the utilization of information technology.

The Effect of Top Management Commitment on Firm Performance through the Green Purchasing and Supplier Relationship Management in 3-Star Hotel Industry in Surabaya Novia Chandra Tanuwijaya; Zeplin Jiwa Husada Tarigan; Hotlan Siagian
Petra International Journal of Business Studies Vol. 4 No. 2 (2021): DECEMBER 2021
Publisher : Master of Management, School of Business and Management, Petra Christian University

The local government needs to facilitate the Hotel through industry regulations, and one of the requirements is the obligation of each Hotel to pay attention to environmentally friendly practices. This study investigates the effect of top management commitment on firm performance through green purchasing and supplier relationship management in the 3-star Hotel. This study used a Census survey for all 71 3-star Hotel domiciled in the City of Surabaya. Data collection used a questionnaire with a five-point Likert scale. Questionnaire distribution was conducted by email, social media, and direct delivery to the respondent. Sixty-one from seventy-one questionnaires, a response rate of 86%, were filled in duly and considered valid for further analysis. Data analysis used the partial least square technique by utilizing Smart PLS. The result of the analysis demonstrated that top management commitment affects supplier relationship management by path coefficient of 0.544. Top management commitment affects firm performance with path coefficient of 0.281. However, this study indicated that top management commitment does not affect green purchasing. Furthermore, supplier relationship management has a significant effect on green purchasing with path coefficient of 0.391. Similarly, supplier relationship management also affects firm performance with a path coefficient of 0.377. Finally, Green purchasing significantly improves firm performance with a path coefficient of 0.226. This work provides a new insight for the manager on how to increase firm performance in the context of supply chain management. This study could contribute to enriching the current research in supply chain management.

Factors Influencing The Financial Independence of Young Adults, an Evidence from Indonesia Evelyn Evelyn; Ricky Ricky; Sherly Rosalina Tanoto
Petra International Journal of Business Studies Vol. 4 No. 2 (2021): DECEMBER 2021
Publisher : Master of Management, School of Business and Management, Petra Christian University

Financial independence is a mark of an individual’s maturity. Achieving financial independence for an individual is very important for family life. Society would be better off when most of its members were independent financially. This study investigates whether different groups of young adults based on their age, gender, education, and income significantly differ in their financial independence. Also, this research intends to study demographic factors that influence the financial independence of a society. The research method was quantitative by using a survey with 539 respondents. The result shows that different groups of young adults categorized based on age, gender, education, and income have a significant difference related to financial independence. Age and income are the two most important factors influencing the financial independence of young adults.

Does Internal Fund Create Trouble for Firms? The Effect of Investment and Dividend Policy toward Firm Value Adi Kurniawan Yusup; Lydia Ari Widyarini; Charly Hongdiyanto
Petra International Journal of Business Studies Vol. 5 No. 1 (2022): JUNE 2022
Publisher : Master of Management, School of Business and Management, Petra Christian University

Agency theory occurs when shareholders recruit a manager to manage the company. Both shareholders and managers tend to work in their best interests. The free cash flow hypothesis states that managers tend to use internal funds to invest in an unprofitable project rather than pay a dividend to shareholders. This research investigates whether internal fund available creates trouble (agency conflict) that can reduce the firm value in Indonesia's company by examining the relationship of operating cash flow as the source of internal funds to firm value through investment decision and dividend policy. The research object is the consumer non-cyclical sector listed on Indonesia Stock Exchange from 2015-to 2019. The purposive sampling technique selects forty-seven companies. Panel data was analyzed using two stages least square (2SLS). This research finds that operating cash flow positively affects firm value. Nonetheless, operating cash flow does not affect firm value through investment decisions and dividend policy in Indonesia.

Effects of Profitability towards Enterprise Value with Corporate Social Responsibility Performance and Brand Value as Mediating Variables Gregorios Ronald; Hatane Semuel
Petra International Journal of Business Studies Vol. 5 No. 1 (2022): JUNE 2022
Publisher : Master of Management, School of Business and Management, Petra Christian University

Currently, many companies are taking many actions to put their most vigorous efforts into enterprise value creation, which enables the company to achieve its highest market capitalization. They plan and do many strategies, such as value-added creation by creating intangible values through CSR activities, creating CSR performance, and brand value creation through brand valuation. This research seeks to determine whether companies' profitability, ROA, and ROE affect the enterprise value. Therefore, two mediating variables, CSR performance and Brand Value, have been set to analyze whether one impacts another. To do research, the researcher utilizes secondary data, which is the data that has been collected by someone other than the researcher. The finding shows that companies' profitability has no impact on the enterprise value and CSR performance.; On the other hand, the results show a strong relationship between brand value and enterprise value, and brand value is a mediating variable between companies' profitability and enterprise value.

Reward System, Employee Engagement, and the Role of Employee Satisfaction as Mediating Variable Yushe Marleyna; Devie Devie; Foedjiawati Foedjiawati
Petra International Journal of Business Studies Vol. 5 No. 1 (2022): JUNE 2022
Publisher : Master of Management, School of Business and Management, Petra Christian University

A good reward system is believed to be a determinant in achieving organizational goals. When employees are satisfied with the applied reward system, employee engagement will manifest, which can encourage the achievement of organizational goals. This study aims to determine the correlation between the reward system and employee engagement mediated by employee satisfaction at PT. X, a company engaged in the property sector. The research is based on a survey collected from 41 employees working at PT. X. Data analysis was carried out using the PLS-SEM model suitability test technique with SmartPLS 3. The results of data analysis show that employee satisfaction partially mediates the correlation between the reward system and employee engagement (T-statistics 2.257, p-values 0.024).

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Contact Name
Ivan Widiyanto

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ivan@petra.ac.id

Phone
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Journal Mail Official
ijbs@petra.ac.id

Editorial Address
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Location
Kota surabaya,

Jawa timur

INDONESIA