Majalah Ilmiah Bijak
The Bijak Journal is a scientific journal of Administrative Science Business, published by the Business Administration Studies Program Faculty of Administrative Sciences Institute of Social and Management Studies STIAMI. The Journal of Business Administration is published 2 (two) times a year, every March and September, which contains the results of the study of Business Administration Studies. This journal aims to disseminate the results of thought and scientific analysis in the field of Business Administration Sciences.
Articles
273 Documents
Analysis of Mustahik Welfare Effect in Bandar Lampung City through Zakat Policy and Zakat Administration
Indah Hermiati;
Budi Puspo Priyadi;
Sundarso Sundarso
Majalah Ilmiah Bijak Vol 17, No 2: september 2020
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v17i2.1011
Poverty can cause economic inequality if it is not handled appropriately in Islam poverty is near to kufr. One strategic role as an instrument to reduce poverty and disagreement in Islam is through zakat. The research objective is to study the zakat policy and zakat administration on mustahik welfare in Bandar Lampung City. Methods of this study using a quantitative method with multiple linear regression analysis techniques. The number of research samples were 37 respondents. Based on the results of research simultaneously shows that the zakat policy and zakat administration determine the significance of welfare while partial shows the zakat policy does not significantly oppose the administration of zakat significant on welfare.
Jakarta Islamic Index Stock Volatility and Forecasting Using Realized GARCH Model
Muhammad Faturrahman Aria Bisma;
Faizul Mubarok
Majalah Ilmiah Bijak Vol 18, No 1: March 2021
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v18i1.1228
Along with the large number of investors transacting on Islamic stocks, stock prices' movement becomes more volatile. The purpose of this research is to examine the behavior of volatility patterns in shares incorporated in the Jakarta Islamic Index using the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model. This study uses daily data from six stocks in the Jakarta Islamic Index during the period of January 1, 2009, to December 31, 2019. Data volatility is seen using the GARCH model. Estimation results for daily data show that the volatility of ASII, SMGR, TLKM, UNTR, and UNVR shares is influenced by the previous day's error and return volatility. This is indicated by the GARCH effect on each regression result. The study results are beneficial for an investor, and invest with a low level of risk can choose TLKM shares. Nevertheless, if going to get a high level of return can invest in UNTR shares. For securities, analysis can use the GARCH model tested to predict volatility in the Jakarta Islamic Index.
The Effect of Brand Image and Ease of Use on the Decision to Purchase Bus Tickets Online at the Cengkareng Suspension Bridge Agent, West Jakarta
Wahyuddin Latunreng;
fita rahmawaty
Majalah Ilmiah Bijak Vol 18, No 1: March 2021
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v18i1.1348
The purpose of this study was to determine the effect of compensation and motivation on employee performance with job satisfaction as an intervening variable at Hotel XYZ Jakarta. This study uses a quantitative approach, associative research type and the sample in this study amounted to 120 people, using primary data obtained from a questionnaire with the Simple Random Probability sampling method. Data collection using the questionnaire method, hypothesis testing includes path analysis, MSI transformation, single test, direct effect, indirect effect, path coefficient and determination coefficient (R2). The results showed that motivation and compensation had a positive and significant effect on job satisfaction and employee performance. Job satisfaction also has a positive and significant effect on employee performance. Simultaneously compensation, motivation affects job satisfaction and motivation, compensation, and job satisfaction affect employee performance. The results of the analysis show that the direct path of motivation has the strongest influence on employee performance as indicated by the regression coefficient of the highest (dominant) influence of 0.448.Â
Digital as the Future of Indonesia Economy Growth
Pandu Adi Cakranegara
Majalah Ilmiah Bijak Vol 17, No 2: september 2020
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v17i2.1009
Indonesia is a country that is currently in a developing country position. Indonesia was predicted to be one of the strongest economies in Asia, especially during the oil boom era where Indonesia has oil reserves that are driving economic growth. However, the presence of oil cannot be used for long-term investment and the consequences of the 1998 monetary crisis prevented Indonesia from reaching its potential. In the future the country's growth will be driven by technology. This research is applied research to use Porter's Competitive Advantage model for the State. The data used are secondary data from trusted institutions for which data is publicly available. The results of this study are that Indonesia has the opportunity to become a new economy power in the future as long as it can utilize the current momentum.
The Effect of Compensation and Motivation on Employee Performance with Job Satisfaction as Intervening Variables at Hotel XYZ, in Jakarta
Rahmad Hartono;
Efendi Efendi;
Etty Nurwati
Majalah Ilmiah Bijak Vol 18, No 1: March 2021
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v18i1.1309
The purpose of this study was to determine the effect of compensation and motivation on employee performance with job satisfaction as an intervening variable at Hotel XYZ Jakarta. This study uses a quantitative approach, associative research type and the sample in this study amounted to 120 people, using primary data obtained from a questionnaire with the Simple Random Probability sampling method. Data collection using the questionnaire method, hypothesis testing includes path analysis, MSI transformation, single test, direct effect, indirect effect, path coefficient and determination coefficient (R2). The results showed that motivation and compensation had a positive and significant effect on job satisfaction and employee performance. Job satisfaction also has a positive and significant effect on employee performance. Simultaneously compensation, motivation affects job satisfaction and motivation, compensation, and job satisfaction affect employee performance. The results of the analysis show that the direct path of motivation has the strongest influence on employee performance as indicated by the regression coefficient of the highest (dominant) influence of 0.448.
Factors Affecting Student Invest in The Capital Market Through the Investment Gallery of Maarif Hasyim Latif University – Sidoarjo
Adinda Rizky Maulidia;
Darno Darno;
Dewi Agustya Ningrum
Majalah Ilmiah Bijak Vol 17, No 2: september 2020
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v17i2.1002
The Indonesia Stock Exchange is intensively conducting a campaign with the theme "Let's Save Stocks" This campaign is intended to change the habits of the Indonesian people from the original savings habit now to become a habit of investing. The research aims to determine the effect of investment knowledge, investment capital, investment return, investment motivation, and investment galleries on the interest of investing in the capital market in S1 Accounting students at Maarif Hasyim Latif University - Sidoarjo.The method in this research is quantitative. The population in this study were S1 Accounting students in 2015. The samples in this study were 50 students. Data collection was carried out through a questionnaire. Instrument testing in the study used validity and reliability tests. Data analysis techniques using classical assumptions and multiple linear regression analysis.The results of the study of the influence of investment knowledge, investment capital, investment returns, investment motivation, and investment galleries on the interest of investing in the capital market on Umaha students showed that: (1) the variable of investment knowledge had no significant effect of 0.196> 0.05. (2) investment capital variable does not have a significant effect of 0.462> 0.05. (3) investment return variable has a significant effect of 0.005 <0.05. (4) investment motivation variables have a significant effect of 0.041 <0.05. (5) the investment gallery variable has no significant effect of 0.818> 0.05. (6) the independent variables jointly influence the dependent variables by 50.1%, while the remaining 49.9% are influenced by other variables not present in this study.
Rabbani's Brand Ambassador Influence the Purchasing Decisions during Covid 19 Pandemic
Fauziah Yanis
Majalah Ilmiah Bijak Vol 18, No 1: March 2021
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v18i1.1212
CV. Rabbani Asysa or better known as Rabbani is a garment company that produces Muslim clothing for men, women, children and adults. With its brand “Professor Kerudung Indonesiaâ€. Rabbani is the first company to produce the first and largest instant headscarves in Indonesia.In the current Covid 19 pandemic, many companies have gone out of business because they cannot maintain their market share and marketing. Moeslim clothing or fashion is one of the sectors that has been hit by the Covid-19 pandemic. Last Eid holiday was supposed to be the peak seasons for Muslim fashion, but due to the pandemic the expected results were not suitable. Fortunately, the Muslim fashion brand Rabbani has loyal resellers who helped boost sales to customers last Eid. However, Rabbani persisted by marketing its Muslim fashion products both through social media and online web using brand ambassadors as an attraction for buyers, so that the sale of Muslim products was still in demand by consumers.Rabbani used teenage Brand Ambassadors namely Fatin Sidqia and Arafah Rianti at the end of 2016 until now, in line with Rabbani's motto of making Muslim fashion into the world of fashion and embracing all Muslim circles, especially teenagers dressed in Muslim according to Islamic law. Rabbani hopes that by choosing Fatin and Arafah as brand ambassadors it can inspire young people in Indonesia to continue to work and shape their respective successes without having to put aside their religious side.This research uses quantitative methods.Independent variable (X) as Brand Ambassador and the dependent variable (Y) as a Purchase Decision.Conclusion of the reserch isbased on a hypothesis analysis of the Rabbani buyer population for the period January to October 2020. which is 7980 buyers, a sample of 99 respondents was obtained. Characteristics of respondents based on gender are all 99 female respondents. When viewed from the results of the sex characteristics of the respondents, all of them are filled by women. This shows that the buyer's decision on Rabbani products during the current pandemic is made from the brand ambassador and online either on social media or on Rabbani's website.
Determination and Measurement of Post Advertising Effectiveness in Instagram Using Cri Method
Hermawan Junianto Irsan;
Peni Sawitri
Majalah Ilmiah Bijak Vol 18, No 2: September 2021
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v18i2.1775
This study aims to analyze the effect of advertising attractiveness, the quality of advertising messages and advertising creativity on the effectiveness of Jenius’s advertising and to analyze the measurement of the effectiveness of advertising posts on Instagram using the Customer Response Index (CRI) method.The method of analysis in this study uses qualitative primary data, the test stages carried out are: validity, reliability, normality, heteroscedasticity, multiple linear regression, Customer Response Index (CRI), t test and coefficient of determination. The results showed that the advertising attractiveness variables, the quality of advertising messages and Jenius advertising creativity had a significant effect on the effectiveness of posting advertisements on Instagram, meanwhile the advertising creativity variable having a very large influence with t count 4.047. The measurement using the customer response index (CRI) method on the effectiveness of Jenius post ads on Instagram has an effectiveness of 89.39%.
Impact of diversified strategy, CEO’s compensation, the size of the Board of Commissioners,Frequency of the Board of Commissioners Meeting of Company Perform
Lutfi Refia Anandarin;
Rina Trisnawati
Majalah Ilmiah Bijak Vol 18, No 2: September 2021
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v18i2.1786
This StudyisAimed to Examine The InfluenceofDiversification Strategy,Chief Executive Officer'scompensation,Size of the Board of Commissioners, Meeting Frequency of Board of CommissioneronCompany Performance.The Proxies ofCompany PerformanceisReturn of Asset (ROA),The DIversification Strategy is Measured byHierschman Herfindah Index (HHI). Size of Board of the CommissionersIs Measured by the Numberof Board of Commissioners, And Meeting Frequency is Measured byThe Number of Meetings of the Board of Commissioners. The sampleis115 Companies Listed on LQ-45 Index IN Indonesia Stock Exchange During 2016-2019. THIS STUDY USES MULTILE MARGINAR LESPAR REGRESSION ANDUsing SPSS US Testing Tools. The Result of this Research Indicate that Diversification Strategy and Size of the Board of Commissioners Did Not Affout Company Perform Whitile TheChief Executive Officer's Company and Meeting Frequency of Board of Commissioner are significant positive effect to company performance. The Impact of Diversification Strategy does not Influence The Company Performance
Analysis of the Business Environment in Construction Service Industry in DKI Jakarta, Indonesia
Rukun Santoso;
Erwin Permana
Majalah Ilmiah Bijak Vol 18, No 2: September 2021
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI
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DOI: 10.31334/bijak.v18i2.1771
This study aims to specifically analyze the business environment in the construction service industry in DKI Jakarta, by using an external andinternal dimension factor approach. The dimensions of external factors include several indicators such as political, economic, social and technological indicators. While the internal factor dimensions consist of indicators of corporate culture, corporate structure, and corporate resources. The analysis technique uses Structural Equation Model (SEM) with SmartPLS. The number of samples included 370 leaders of construction service companies in DKI Jakarta. One company is represented by one company leader, either large, medium or small scale company. The results showed that external factors are more dominant than the internal factors in shaping the construction service business environment in DKI Jakarta. It can be understood because as the capital city, DKI Jakarta has a far more complex constellation than other regions. It means that in the case of operating companies in Jakarta, they must be agile in managing the external threats and opportunities. Companies that cannot adapt to the very dynamic climate in the capital with the dramatic competition will not be able to survive.