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Contact Name
Budi Wahyu Mahardhika
Contact Email
balance@um-surabaya.ac.id
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balance@um-surabaya.ac.id
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Kota surabaya,
Jawa timur
INDONESIA
BALANCE: Economic, Business, Management and Accounting Journal
ISSN : 16939352     EISSN : 2614820X     DOI : -
BALANCE merupakan jurnal yang diterbitkan oleh Fakultas Ekonomi & Bisnis Universitas Muhammadiyah Surabaya. Jurnal ini menfokuskan pada publikasi hasil penelitian dan artikel ilmiah tentang ekonomi, bisnis, manajemen dan akuntansi.
Arjuna Subject : -
Articles 301 Documents
Human Resource Development Strategy For Women MSMEs Based On Local Wisdom On The Surabaya Coastal Nofandi, Faris; Kusumawati, Elly; Annas Amrullah, Romanda; Mochklas, Mochammad; Sa’diyah, Halimatus
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 1 (2024): Januari
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i1.21337

Abstract

Women are human resources with potential that can be utilized in various fields. Women's MSMEs can potentially improve coastal communities' welfare, independence, and empowerment. To overcome these challenges and obstacles, women's MSME businesses on the coast of Surabaya must develop several strategies for human resources for MSME actors on the coast. The research method in this study was quantitative; questionnaires were distributed to female MSME actors on the coast of Surabaya in Tambak Wedi, Kedinding, Nambangan, Bulak, Kenjeran, and Wonorejo. Eighty-two female MSME actors have filled out the questionnaire appropriately, and the data entered is processed and analyzed using SEM PLS. This research shows that the training variable has a significant positive effect on the development of human resources for female MSMEs on the coast of Surabaya. Meanwhile, other variables, such as education, health, motivation, and involvement, do not influence the development of human resources for female MSME actors on the coast of Surabaya
Analysis of Determinants of Foreign Exchange Reserves in ASEAN-5 Countries Pebriyanti, Intan; Khoirudin, Rifki
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 1 (2024): Januari
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i1.22113

Abstract

Foreign exchange reserves represent a nation's holdings of foreign currencies or currency equivalents, managed by its central monetary authority, and utilized in global transactions and engagements. This research aims to analyze the influence of inflation, Foreign direct investment, Exchange rate, economic growth and exports to the level of foreign exchange reserves in ASEAN-5 countries 2000-2022. This study relies on secondary data sourced from the World Bank's official website. The analytical methodology involves employing a panel data regression technique known as the Fixed Effect Model (FEM) alongside the analysis tools provided by StataMP17. The results of data processing show that partially each independent variable is inflation, Foreign direct investment, Exchange rate, Economic growth demonstrates a notable negative impact on Foreign Exchange Reserves within ASEAN-5 nations, with statistical significance. Conversely, the independent variable Exports exhibits a positive and significant correlation with Foreign Exchange Reserves across ASEAN-5 countries
Analysis of The Dynamics of Property Value Fluctuations in The Special Region of Yogyakarta Saleh, Rahmat; Yuniarti, Dini
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 2 (2024): Juli
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i2.22203

Abstract

The purpose of this study is to determine and identify the influence of physical property characteristics such as land area and building area; property legal characteristics in the form of property ownership rights; environmental characteristics in the form of designation zones on property values in D.I.Yogyakarta and apply the best equation method model in determining the value of large quantities of property in addition to the market approach method and cost and income approach. Access to research observation data in the form of primary data obtained in several ways, namely telephone interviews, personal interviews directly with property owners, and secondary data accessed by desk research of the DJTR spatial plan of the Ministry of ATR BPN, data access using purposive sampling models with non-probability sampling techniques, the number of observations as much as 135 data used. The research method uses multiple regression analysis ordinary least square method with Eviews 10 analysis tools, the form of the research regression model function using the selection of statistical criteria, applying the positivism paradigm with quantitative data in the form of Analytical survey, Identification of linear relationship behavior using the Mac Kinnon Test, and White Davidson MWD, Statistical criteria test in the form of F test, t-test, Determination Coefficient Test (R2), Economic criteria test is applied to compare between the estimated parameter coefficients by economic theory, Classical Assumption Test using Normality, Linearity, Multicollinearity, and Heteroscedasticity Test. The results showed that the findings of property characteristics simultaneously or simultaneously on the variables of land area, building area, ownership rights, and designation zone significantly affect property values with a coefficient of determination level of 68.69%. Partially or individually, the findings revealed the influence of the characteristics of land area, building area, ownership rights, and designation zone positively and significantly on property values. Selection of the best model of the regression function equation, applying the log-log regression equation model in determining property value
Board Size, Outside CEO and Financial Performance in Family Companies with Enterprise Risk Management (ERM) as a Moderating Variable Oktriasih, Charisma; Ismiyanti, Fitri
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 2 (2024): Juli
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i2.22506

Abstract

This study examines the influence of board size and non-family CEOs (outside CEOs) on the company's financial performance, as well as the moderating effect of enterprise risk management (ERM) in family firms. Financial performance is proxied by return on assets (ROA) as the dependent variable. The sample of this study is family firms from the non-financial sector listed on the Indonesia Stock Exchange (IDX) for the years 2017–2021. For testing the hypothesis, this study uses the Ordinary Least Squares (OLS) and Moderated Regression Analysis (MRA) methods with the application IBM SPSS Statistics 22 for Windows. This study's results show that board size has a positive and significant effect on financial performance in family firms. Meanwhile, the presence of an outside CEO does not have a significant influence on financial performance in family firms. Regarding the moderating effect of ERM, this study shows that ERM does not significantly moderate the influence of board size and an outside CEO on financial performance in family firms
Factors Influencing Decisions on Selecting Expedition Services in E-Commerce Shopee and Tokopedia Zahra, Khairani; Ermawati, Wita Juwita; Hidayati, Nurul
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 2 (2024): Juli
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i2.22522

Abstract

The increase in online shopping among the community has led to the use of courier services for shipping goods. However, on the other hand, the increased frequency and volume of shipments have caused various problems experienced by consumers related to deliveries that do not meet expectations. Starting from these issues,, the purposes of this study were: (i) to analyze the decision-making process for selecting e-commerce services by e-commerce’s consumers in West Java during the Covid-19 pandemic; (ii) to analyze the factors that influence customer decision making in choosing expedition service on e-commerce during the Covid-19 pandemic. This research was held in February – June 2022. The population of this study was the users of expedition services from e-commerce Shopee and Tokopedia in West Java. The sampling method used in this study was purposive sampling technique about 312 respondents. The data analysis technique used was descriptive analysis and SEM-PLS. The results showed that the decision-making process for the selection of expedition services on e-commerce in West Java during the Covid-19 pandemic was carried out through five stages, namely problem recognition, information search, alternative evaluation, purchase decisions, and post-use. Of the six factors that have been tested, there were only two factors that had a significant influence, namely customer trust and service quality. The implications of this study suggested expedition services companies to implicate factors that have been proven to be influential, namely customer trust and service quality into the 7P service marketing mix. In addition to the 7P marketing mix, expedition services companies can use blue ocean strategy, namely by eliminating-reducing-increasing-creating Keywords: decision making; expeditionary service; e-commerce; SEM-PLS
Image Destination On Revisit Intention At Fotuno Rete Hot Springs In Wakumoro Village, Parigi District, Muna Regency, Southeast Sulawesi Shaleha, Waode Maratun Shaleha; Kifli Kolewora, Riez; Faulina, Dira
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 2 (2024): Juli
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i2.22591

Abstract

This research aims to analyze the influence of Affective Image, Cognitive Image, and Conative Image on Revisit Intention at Fotuno Rete Spring Bath in Wakumoro Village, Parigi District, Muna Regency, Southeast Sulawesi. The population in this study consists of individuals who have visited Fotuno Rete Spring Bath twice. The sampling technique used in this study is purposive sampling, with a total sample of 40 respondents. The results of this study indicate that Affective Image, Cognitive Image, and Conative Image have a positive and significant influence on Revisit Intention at Fotuno Rete Spring Bath in Wakumoro Village, Parigi District, Muna Regency, Southeast Sulawesi
Financial Technology: An Analysis of the Financial Performance and Growth of Banking Companies Fajri, Mega Barokatul; Rochmah, Sofi Machmudatul; Putro, Guruh Marhaenis Handoko; Lailiyah, Elliv Hidayatul; Zulyanti, Noer Rafikah; Syah, Imran
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 2 (2024): Juli
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i2.22690

Abstract

The presence of financial technology provides opportunities for banking sector companies to develop innovative products and services. The rapid development of technology means that fintech services are considered an extension of banks. On the other hand, fintech banking, such as mobile banking and Internet banking, provides many conveniences, including serving Indonesian people who the traditional financial industry cannot serve. This research aims to test and analyze whether financial technology (independent variable) can influence company performance regarding ROA, ROE, NIM, BOPO, and company growth (dependent variable) in the banking industry. All banking companies listed on the IDX except Sharia banking are the data samples used. The testing method used is through the Between-Subjects Effect MANOVA test. This test shows that fintech positively affects ROA, ROE, and NIIM. However, the BOPO and company growth variables cannot be influenced by fintech.
The Influence of Destination Image, Food and Beverage Quality, and Prices on Purchasing Decisions at the Surabaya Culinary Tourism Center Iradawati, Sofiah Nur
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 2 (2024): Juli
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i2.22748

Abstract

The Surabaya Culinary Tourism Center (SWK) plays a vital role in developing Micro, Small and Medium Enterprises (MSMEs) by providing opportunities for MSMEs to market their products. This research investigates the influence of destination image, food and beverage quality, and price on purchasing decisions at SWK Surabaya. Quantitative methods were used with a Likert Scale to measure respondents' attitudes. Data was analysed using Structural Equation Modeling Partial Least Square (SEM-PLS). The research results show that destination image and price significantly influence purchasing decisions, while food and beverage quality has a positive but not significant influence. The implication of this research is the importance of improving destination image and pricing strategies to increase the attractiveness of SWK Surabaya
Determine Marketing Strategies Using SWOT Analysis in The MSME Creative Industry to Design Mock-Up Products Maharani, Rieska; Mukhlis, Imam
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 2 (2024): Juli
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i2.22751

Abstract

The MSME creative industry has a significant role in local and national economic activities. Creative products from MSMEs provide added value and innovation, create jobs, and support economic growth. MSMEs often face challenges in marketing their products. In increasingly fierce competition, it is important to develop effective marketing strategies. Geographical boundaries are no longer limits today's creative industries. MSMEs in this sector must face competition not only in regional areas but also on a national scale. The research method used in this article is a descriptive qualitative method with a SWOT analysis approach. This research can analyze MSME marketing strategies in the creative industry and become a new contribution to literature and business practices. It is hoped that this research can also provide insight and practical recommendations to MSMEs in the creative industry, the government, and other related parties to increase the competitiveness and growth of the creative industry by using all marketing media and doing it consistently
Communal Narcissism, Leadership Perception and Leader Selection Recommendations in the Context of Indonesian Collective Culture Royiqul Amin, Said; Nuzulia, Siti
BALANCE: Economic, Business, Management and Accounting Journal Vol 21 No 2 (2024): Juli
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v21i2.22824

Abstract

The role of a leader within an organization is crucial for the company's advancement, especially amidst the rapidly changing dynamics of organizations. However, selecting the right leader often remains a primary challenge. Therefore, this research aims to investigate the influence of communal narcissism on leadership perception and leader selection recommendations within Indonesia's collective culture. This study employs a quasi-experimental method, with student activists as participants. Sampling was conducted using convenience sampling, resulting in a total of 416 samples of student activists. The experimental group (n = 236) was tasked with viewing an interview recording of a leadership candidate exhibiting high communal narcissism. In contrast, the control group (n = 180) watched a video recording of a candidate with low communal narcissism. Subsequently, both groups were required to complete a leadership perception questionnaire and provide leader selection recommendations. Data analysis was performed using Independent Sample T-Tests to ascertain differences between the two groups. The research findings reveal significant differences in leadership perception and recommendations between leadership candidates with high and low levels of communal narcissism. Thus, candidates with high levels of communal narcissism were perceived more positively as leaders and were recommended for leadership positions compared to candidates with low levels of communal narcissism