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GILANG PUSPITA RINI
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gilang.puspita@umk.ac.id
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Kab. kudus,
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INDONESIA
Business Management Analysis Journal (BMAJ)
ISSN : 26230690     EISSN : 26553813     DOI : -
Core Subject : Economy,
Business Management Analysis Journal (BMAJ) with E-ISSN 2655-3813 and P-ISSN 2623-0690 is a journal published by Management Department, the Economics and Business Faculty, Universitas Muria Kudus. BMAJ publishes twice in a year (on April and October) consisting 6 articles and accepting articles in the fields of financial, human resources, marketing, operation, strategic with the standard of research method for publication.
Arjuna Subject : -
Articles 6 Documents
Search results for , issue "Vol 6, No 1 (2023): Business Management Analysis Journal (BMAJ)" : 6 Documents clear
The Effect of Capital Structure, Dividend Policy and Cash Holding on Firm Value Anandita, Diyah; Septiani, Dwi
Business Management Analysis Journal (BMAJ) Vol 6, No 1 (2023): Business Management Analysis Journal (BMAJ)
Publisher : Universitas Muria Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24176/bmaj.v6i1.9611

Abstract

This study examines the effect of Capital structure, Dividend Policy and Cash Holding on Firm Value in food and beverage sub-sector companies listed on the Indonesia Stock Exchange (IDX) in 2017-2021. This type of research is quantitative research and sampling methods using purposive sampling. The population in this study was 66 companies from food and beverage sub-sector companies listed on the Indonesia Stock Exchange. The sample of this study was 17 companies with a total of 85 observations. The study's results partially show that the Capital Structure does not affect the Firm Value, the dividend policy does not affect the Firm Value, and the Cash Holding variable positively and significantly affects the Firm Value. The study's results simultaneously showed that the Capital Structure, Dividend Policy and Cash Holding significantly affected the Firm's Value.
Board Capital, CEO Power and Investment Efficiency of Firms listed in Nairobi Securities Exchange in Kenya John Kipngetich Tarus
Business Management Analysis Journal (BMAJ) Vol 6, No 1 (2023): Business Management Analysis Journal (BMAJ)
Publisher : Universitas Muria Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24176/bmaj.v6i1.9648

Abstract

The paper's main aim was to determine the moderating effect of chief executive officer (CEO) power on the relationship between board capital and investment efficiency of listed firms in the Nairobi Securities Exchange. The study adopted a longitudinal, and 10 years of panel data was obtained using documentary analysis from audited financial statements of 33 listed firms consistently trading in the Nairobi Securities Exchange between 2012 and 2021. The hierarchical Fixed model was used to test the moderating effect. Results revealed that board financial expertise and interlock positively affected the investment efficiency of listed firms. The effect of board interlock on investment efficiency is more profound for firms with powerful CEO. However, CEO power did not moderate the relationship between the board's financial expertise on the investment efficiency of listed firms. The study was limited to firms listed in the Nairobi securities exchange. However, future research should be replicated beyond East Africa. Again, this study utilizes CEO power as a moderator, and other studies should consider other variables.
The Influence of Financial Technology, Financial Literacy and Financial Efficacy on Student’s Interest in Investing Diyah Santi Hariyani; Melania Rizqi Ayuningdiah; Arifiansyah Saputra
Business Management Analysis Journal (BMAJ) Vol 6, No 1 (2023): Business Management Analysis Journal (BMAJ)
Publisher : Universitas Muria Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24176/bmaj.v6i1.8572

Abstract

This study aims to analyze the effect of financial technology, financial literacy and financial efficacy on students' interest in investing in the capital market. The data source used is primary data by distributing questionnaires. The sampling technique used is purposive sampling with the criteria of active students who have received capital market training. This research is a quantitative study using SPSS for Windows ver 25.0 as a tool to test multiple linear regression analysis. The results of this study indicate that only financial technology and financial efficacy significantly affect students' interest in investing, and financial literacy has no significant effect. It is hoped that further research can develop other factors influencing investment intentions.
Influence of Audit Committee, Auditor Industry Specialization, and Audit Tenure on Audit Report Lag Larasati Farumi; Tertiarto Wahyudi; Nur Khamisah
Business Management Analysis Journal (BMAJ) Vol 6, No 1 (2023): Business Management Analysis Journal (BMAJ)
Publisher : Universitas Muria Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24176/bmaj.v6i1.8687

Abstract

This study examines the effect of audit committees, industry specialization auditors, and audit tenure on audit report lag with debt to equity ratio and KAP reputation as control variables. The type of data used in this study is secondary data in the form of the company's annual report. The population in this study are companies listed on the IDX in the 2018-2020 LQ45 index. The sampling method used was purposive sampling and obtained as many as 33 companies. The study results stated that the audit committee had a significant negative effect on audit report lag, industry specialization auditors had a significant positive effect on audit report lag, and audit tenure had no significant negative effect on audit report lag. Limitations in this study are the limitations of the sample and the method used. Future research is expected to be able to examine audit report lag from other perspectives, for example, in terms of auditor or client behavior.
Quo Vadis Brand Love? Role of Cognition-Affection-Behavior Model for Local Coffee Shops in Indonesia Dea Farahdiba
Business Management Analysis Journal (BMAJ) Vol 6, No 1 (2023): Business Management Analysis Journal (BMAJ)
Publisher : Universitas Muria Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24176/bmaj.v6i1.9741

Abstract

This study aims to identify the structural relationship between image, experience, love, trust, and brand loyalty for branded local coffee shops using the cognitive-affective-behavior (C-AB) model. One hundred thirty-five respondents participated in this study, and data analysis was performed using the SmartPLS statistical tool with the PLS-SEM method. It was found that brand image and experience had a significantly positive relationship with brand love and trust. Brand love and brand trust also have a significant positive relationship with brand loyalty, according to the assessment of Indonesian people on their favorite local coffee shop brands. This study contributes to the literature that the C-A-B model can explain the factors that form brand loyalty in the local coffee shop industry. In practice, brand love and brand trust owned by local communities form brand loyalty relationships in local products. This study also shows the mediating effect of brand love and brand trust for branded local coffee shops. Brand Love indirectly mediates the relationship between Brand Image and Brand Loyalty, but Brand Trust does not directly mediate the relationship between Brand Experience and Brand Loyalty. This study's main limitation is using the brand love mark only for brand love. The dimension of the brand love mark as Brand Respect can be included in future research.
The Moderating Role of Perceived Reward on Leadership Style and Policy Involvement Effects on Job Performance among Pharmaceutical Managers Theophilus Ehidiamen Oamen
Business Management Analysis Journal (BMAJ) Vol 6, No 1 (2023): Business Management Analysis Journal (BMAJ)
Publisher : Universitas Muria Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24176/bmaj.v6i1.9878

Abstract

Management and behavioral sciences literature has established a direct link between rewards and employee performance. However, limited research exists on the role of perceived reward on the effects of policy strategy involvement and leadership style on the performance of pharmaceutical managers. Intuitively, perceived rewards may have a potential impact on the behavior and attitudes of pharmaceutical managers toward work, and invariably job performance. Based on the incentive theory of motivation framework, the study explored the causal effect of leadership style, and policy involvement on job performance, and the moderating effect of perceived reward among pharmaceutical managers. Comparative differences in perception between operational and strategic managers were evaluated. A cross-sectional web-based questionnaire survey of a random stratified sample of managers (103 strategic and 138 operational) engaged in pharmaceutical marketing. Structural equation modeling was used to evaluate the developed model. Construct validity and fit measures of the hypothetical model were adequate. Policy strategy involvement and leadership style had a positive and significant influence on job performance. Moderation analysis showed that low perceived reward significantly weakened the impact of policy engagement on performance. Integrating improved managers’ involvement with policy and strategy development with commensurate rewards is an incentive strategy to improve managers’ job performance. The study was restricted to only two major managerial groups. More job-related behavioral constructs are required to improve the generalizability of findings, which is suggested for further research.

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