cover
Contact Name
Hadi Ismanto
Contact Email
jmerunisnu@gmail.com
Phone
+62895378199623
Journal Mail Official
jmer@unisnu.ac.id
Editorial Address
Dekanat Building, Faculty of Economics and Business, Universitas Islam Nahdlatul Ulama Jepara Jl. Taman Siswa No. 9 Kauman Tahunan, Jepara, Jawa Tengah, Indonesia 59451
Location
Kab. jepara,
Jawa tengah
INDONESIA
Journal of Management and Entrepreneurship Research
ISSN : 27231658     EISSN : 27231666     DOI : https://doi.org/10.34001/jmer.2020.12.01.2
JMER: Journal of Management and Entrepreneurship Research (p-ISSN: 2723-1658; e-ISSN: 2723-1666) provides a venue for high quality manuscripts dealing with management and entrepreneurship in its broadest sense. The editorial board encourages manuscripts that are international in scope; however, readers can also find papers investigating domestic issues with global relevance. JMER is published by Universitas Islam Nahdlatul Ulama Jepara (Unisnu Jepara). JMER starts publication in June 2020. This journal is published biannually (June and December). The aim of the journal is to facilitate dissemination of contemporary research in the field of business management and entrepreneurship. The scope of this journal includes empirical and theoretical articles related to the business strategy, management, human resource management, organizational behavior, marketing, supply chain management, finance, corporate governance, economics, entrepreneurship, knowledge management, and innovation.
Articles 75 Documents
The Impact of Shopping Values on E-Satisfaction and Shopping Wellbeing: A South African Perspective Valerie Natalie Mbulo; Tinashe Tsungai Raphael Ndoro
Journal of Management and Entrepreneurship Research Vol. 5 No. 1 (2024)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmer.2024.6.05.1-46

Abstract

Objective: Shopping well-being has continued to be a fundamental construct in retail shopping research. However, marketers seek to understand the factors that enhance shopping well-being for online consumers in the fast-growing era of e-commerce. This study sought to investigate the impact of shopping values (hedonic and utilitarian) and e-satisfaction on shopping well-being within the South African context. Research Design & Methods: The study used a cross-sectional quantitative research design. Using convenience sampling, online survey questionnaires were administered to collect the data from South African consumers who engage in online shopping. Descriptive analysis and multiple regression analysis were used to analyse the data. Findings: The findings of the study indicated hedonic shopping values had a positive impact on shopping well-being. On the other hand, it was found that utilitarian shopping values and e-satisfaction had no positive impact on shopping wellbeing. Implications and Recommendations: From these findings, web-based shopping managers can construct online shopping environments that support hedonic shopping values in order to ensure that consumers shopping online experience shopping wellbeing. Contribution & Value Added: The study adds value to marketing practitioners and businesses that seek to ensure that consumers engaging in online shopping experience satisfaction and wellbeing within the growing e-commerce industry in South Africa and other emerging economies.
Exploring the Relation between Realised Volatility and Trading Volume: Evidence from International Stock Market Samuel Tabot Enow
Journal of Management and Entrepreneurship Research Vol. 4 No. 2 (2023)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmer.2023.12.04.2-40

Abstract

Objective: The sequential information theory and mixed distribution hypothesis contends that there exists a bi-directional relation between realised volatility and trading volume. This position has led to the proposition that new information spreads sequentially and reaches market participants at varying times. The purpose of this study was to re-examine these theories. Research Design & Methods: A Granger causality test, Mean Square Error and Mean Average error models were applied to investigate the relationship between realised volatility and trading volume for a sample of five international stock markets from March 5, 2018, to March 5, 2023. Findings: The findings of this study contradict the proposition put forth by the sequential information theory and mixed distribution hypothesis where no meaningful relationship was observed between realised volatility and trading volume except for the CAC 40. Hence, new information rather filters through financial markets at the same time. This finding maybe the explanation for the ever-increasing financial contagion between financial markets. Contribution & Value Added: Traders may need to rely on other indicators and adjust their strategies to incorporate different signals or factors that are more relevant for predicting or identifying market movements. It may become more challenging to gauge the liquidity conditions in the market based solely on volatility. Market participants may need to rely on other liquidity indicators, such as bid-ask spreads, order book depth, or trade size distribution, to assess market liquidity.
Testing the Application of the Integral AQAL Model in Entrepreneurial Coaching in South African Business Incubators Elona N Ndlovu
Journal of Management and Entrepreneurship Research Vol. 4 No. 2 (2023)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmer.2023.12.04.2-41

Abstract

Objective: Despite significant investment in entrepreneurial coaching in South Africa, the failure rate of small businesses remains high. This empirical study addresses this issue by creating an effective entrepreneurial coaching framework with the help of business incubators, entrepreneurs, coaches, and industry experts. Research Design & Methods: The study used a quantitative cross-sectional design, with a questionnaire distributed to 296 entrepreneurs and statistical analysis performed using SPSS and STATA software. Findings: The findings support the AQAL model of Ken Wilber in how the entrepreneurial outcomes relate to each other. The findings also align with the literature's emphasis on relationship building as a key factor for business growth, with relationship building emerging as the only statistically significant predictor of business growth. Implications and Recommendations: Relationship building should be prioritised over other coaching outcomes, such as self-efficacy, entrepreneurial resilience, and visionary skills, by entrepreneur development practitioners. Contribution & Value Added: These findings have implications for entrepreneurial coaches, policymakers, and professional bodies, urging them to understand entrepreneurs' contexts, take a systemic approach to entrepreneurial coaching, and provide guidance on industry developments and best practices. It is expected that by implementing these recommendations, the proposed entrepreneurial coaching framework will contribute to better outcomes for entrepreneurs and their incubated businesses.
The Influence of Intrinsic Factors on Personal Attitude to Start a Farming Business: The Moderating Role of Gender Mbulaheni Mavhungu; Sheperd Dhiwayo
Journal of Management and Entrepreneurship Research Vol. 4 No. 2 (2023)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmer.2023.12.04.2-43

Abstract

Objective: The aim of this study was to determine the influence of intrinsic factors (proactiveness, motivation, creativity) on the personal attitude of agricultural students to start a farming business in South Africa. This relationship was looked at from gender perspective. Research Design & Methods: An estimated 3,486 students were enrolled for various agriculture-related qualifications in various 27 institutions of higher learning in South Africa when this cross-sectional, quantitative study was carried out. Data from 421 agricultural students were collected through a Prospective Farmers Profile Questionnaire at six institutions of higher learning in South Africa. Findings: The study finds no significant gender influence on all intrinsic factors and also on the personal attitude of agricultural students to start a farming business. The results further revealed that personal attitude to start a business is predicted by intrinsic factors, motivation, and creativity, but not proactiveness. Implications and Recommendations: Entrepreneurial syllabi should aim to equip students with intrinsic factors as these shape the personal attitude to start a business. It is a positive personal attitude that will likely result in a start-up. Farming entrepreneurship, especially among the youth will assist in employment creation as well as food security, two problems that many countries are currently facing. Contribution & Value Added: Proactiveness is one of the most important dimensions of entrepreneurship but agricultural students do not consider it significant in their personal attitude to start a business. Proactiveness should be built into the syllabi for students to be better acquainted with this critical business start-up element.
Qualitative Study of Entrepreneurial Marketing and Performance of Village-Owned Enterprises (VOEs) In Indonesia Makmur Makmur; Norhidayah Mohamad; Siti Norbaya
Journal of Management and Entrepreneurship Research Vol. 5 No. 1 (2024)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmer.2024.6.05.1-45

Abstract

Objective: The performance of village-owned enterprises is examined in this study along with the key components of the entrepreneurial marketing idea. The degree to which current marketing techniques align with entrepreneurial marketing strategies is also evaluated. Research Design & Methods: This study uses a qualitative research design and semi-structured in-depth interviews with 12 directors of chosen village-owned enterprises. The interviews were based on seven components of the entrepreneurial marketing concept: financial performance and non-financial performance. The ATLAS.ti program was used to facilitate the thematic analysis of the gathered data. Findings: The research conclusions demonstrate that village-owned enterprises have been successful in incorporating entrepreneurial marketing ideas, which are crucial to their operations. Contribution & Value Added: The main contribution behind this study is the lack of empirical research on entrepreneurial marketing from the perspective of village-owned enterprises.
Day-of-the-Week-Effect and Month-of-the-Year-Effect on Carbon Emissions Contract Trading Kezia Maylani Azalia; Robiyanto Robiyanto
Journal of Management and Entrepreneurship Research Vol. 5 No. 1 (2024)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmer.2024.6.05.1-44

Abstract

Objective: This study aims to examine whether there is a potential Day-of-the-Week-Effect and Month-of-the-Year-Effect on carbon emissions trading. Research Design & Methods: This research uses secondary data obtained through the Investing.com website. The carbon market data used is daily closing data, then the daily effect test is carried out, and monthly closing data to determine the monthly effect. Generalized Autoregressive Conditional Heteroskedasticity (GARCH) (2,1) and (3,1) method used to analyse the data. Findings: The correlogram and GARCH (2,1) and GARCH (3,1) test results show that the carbon market does not move randomly, but there are Day-of-the-Week-Effect and Month-of-the-Year-Effect phenomena. From this study, it was also found that on Wednesday in April, there was a significant increase in returns. So, it can also be concluded that the carbon market is not efficient. Implications and Recommendations: There are opportunities that can be taken from carbon trading which turns out to have a Day-of-the-Week-Effect and Month-of-the-Year-Effect so that investors who want to join carbon trading can more easily learn about it to get maximum profit in the carbon market. Contribution & Value Added: It is hoped that the results of this study can prove whether or not there is an influence on seasonal patterns so that it can be useful for speculators and business people related to carbon trading to design the right strategy in the carbon emissions market.
Visualizing Entrepreneurship: A Semiotic Analysis of Brands and Identity Construction Karl Ponteras Campos
Journal of Management and Entrepreneurship Research Vol. 5 No. 1 (2024)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmer.2024.6.05.1-47

Abstract

Objective: This study explores the symbolic aspects of brand representation and how it aligns with the entrepreneurial spirit via the lens of semiotics. Research Design & Methods: The study utilized semiotic analysis through codes represented in trademarks by painstaking examination, illuminating the complex interactions of visual components, language, and the entrepreneurial identity. Findings: The results highlight how important language and visual choices are when creating an engaging brand narrative for entrepreneurs. A semiotic understanding of branding becomes an invaluable tool for honest expression and audience engagement as entrepreneurs maneuver the competitive landscape. Implications and Recommendations: The results hold the potential to shed light on how brands function as means of articulating and encapsulating entrepreneurial identity, impacting customer attitudes and the prosperity of organizations. Contribution & Value Added: It is critical to comprehend the complex relationship between brands and entrepreneurial identity in the ever-changing world of entrepreneurial ventures.
Determinants of Corporate Financial Fraud: A Synthesis Dewi Nur Maulidiyah; Puji Harto
Journal of Management and Entrepreneurship Research Vol. 5 No. 1 (2024)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmers.2024.6.05.1-48

Abstract

Objective: Corporate fraud has consistently been a subject of interest and remains an engaging topic of discussion. This paper aims to provide an understanding of the determining factors of corporate financial fraud and offer recommendations for potential variables that can be further analyzed. Research Design & Methods: This paper reviews empirical studies from the last 10 years (2013-2023) published in the ScienceDirect.com database. A total of 31 papers were analyzed. Findings: 132 determining factors were identified as influencing corporate financial fraud. The most frequently investigated factors are financial ratios. Meanwhile, recent studies have increasingly linked financial fraud to board characteristics and external corporate factors. Overall, corporate financial fraud is driven by two key sources: internal and external factors, encompassing a variety of aspects such as economic, social, and political influences. Contribution & Value Added: This paper provides valuable insights for developing an effective fraud prevention and detection model for corporations.
The Effect of Financial Literacy, Entrepreneurial Characteristics, and Financial Inclusion on Business Performance Dina Kusumawati; Dwi Erlin Effendi
Journal of Management and Entrepreneurship Research Vol. 5 No. 1 (2024)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmers.2024.6.05.1-49

Abstract

Objective: Delays in business management make it difficult for the continued development of MSMEs. This study aims are analyzes financial literacy, entrepreneurial characteristics, and financial inclusion in business performance in processing industry SMEs in Jepara Regency. Research Design & Methods: The data used were obtained from interviews using a questionnaire. The number of samples used was 100 MSME actors selected by the Non-Probability Sampling technique. Data analysis was performed using multiple linear regression analysis methods. Findings: The results showed that financial literacy had a positive and significant effect on business performance, entrepreneurial characteristics had a positive and significant effect on business performance, financial inclusion had a positive and significant effect on business performance, and simultaneously, financial literacy, entrepreneurial characteristics, and financial inclusion had an effect on business performance. Implications and Recommendations: This research implies that the level of financial literacy will affect the making of important decisions in managing business finances, so MSME actors need to increase their financial literacy. The characteristics of a good entrepreneur owned by someone will have a positive orientation toward business performance. Good financial inclusion means that it is easy to use financial services so that they can help overcome problems in their business.
Carbon Productivity’s Impact on Company's Financial Performance (Case Study of Companies Listed on IDX80 Stock Index) Tehananda, Djie Liveren Adjie; Robiyanto; Harijono, Harijono
Journal of Management and Entrepreneurship Research Vol. 5 No. 2 (2024)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmer.2024.12.05.2-53

Abstract

Objective: Environmental issues are a concern, especially global warming. One of the consequences of global warming is a significant increase in carbon emissions each year. However, investors are trying to understand whether increased carbon also improves companies' financial performance. This study seeks to investigate the influence of carbon productivity on the company’s financial performance (case study of companies listed on the IDX80 index). Research Design & Methods: This research uses a quantitative method with secondary data taken from the company's annual and sustainability reports from 2020 to 2023. The sampling method used is the purposive sampling method. The sample used in this research was 80 companies listed on the IDX80 Index. Panel Data Regression Analysis is used to analyze the data. Findings: The findings of the study indicated carbon productivity has no significant effect on company financial performance, whether measured through ROA or MBR On the other hand, when control variables are added, they have a significant effect on the company's financial performance as measured through ROA. Implications and Recommendations: From these findings, stakeholders, investors and financial managers in the Indonesian capital market can help in making investment decisions, especially regarding the influence of carbon productivity on financial performance and for stakeholders. Contribution & Value Added: This study adds value to the practice of finance that seeks to see that companies that disclose higher carbon emissions will affect the company's financial performance in the context of developing countries, especially Indonesia.