Journal of Entrepreneurship & Business
Journal of Entrepreneurship & Business (JEB) publishes all forms of quantitative and qualitative research articles and other scientific studies related to the field Accounting & Financial Management, E-Business Management, Entreprenuerhsip, Human Resources Management, Marketing Management, Operation & Supply Chain Management, and Strategic Management. The Editors attempts JEB could be the major vehicle for the exchange of ideas and research among business scholars. The JEB is an open access journal that is published by UBAYA School of Business, University of Surabaya Indonesia.
Articles
91 Documents
<![CDATA[Role of Social Media toward Brand Performance through Mediation of Customer's Satisfaction ]]>
<![CDATA[Vicentsius Felix Reynaldi]]>;
<![CDATA[Lena Ellitan]]>;
<![CDATA[Maria Mia Kristanti]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 1 (2022): Journal of Entrepreneurship and Business (March) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i1.4699
<![CDATA[A B S T R A C T This study aims to examine the effect of social media communication, interaction, and motivation toward BBQ Frenzy Brand Performance with the mediating role of customer’s satisfaction and moderating role perceived service quality and trust during COVID-19 Pandemic. To achieve the purpose of the study, the study uses quantitative methods and collecting data in the form of online questionnaire using Google forms from 150 responses of selected group of people which are 18 years old or older, had an Instagram Account, had seen the advertisement about BBQ Frenzy, had visited BBQ Frenzy, and lived in Surabaya, Indonesia during this covid-19 pandemic. The data then analyzed using PLS-SEM in SMART PLS 3.3.3 to test the hypothesis of the study. The result shows that for direct effect social media communication, interaction, and motivation all have a positive and significant effect on the BBQ Frenzy customer’s satisfaction, customer’s satisfaction also shown to have a very strong positive and significant effect on brand performance. As for mediating (indirect) effect it was shown that customer’s satisfaction has a positive and significant effect in mediating social media communication, interaction, and motivation toward BBQ Frenzy brand performance.]]>
<![CDATA[Does Corporate Governance Affect Dividends? Case Study in Indonesia Stock Exchange and Malaysia Stock Exchange ]]>
<![CDATA[Budy Wijaya Hermawan]]>;
<![CDATA[Werner Ria Murhadi]]>;
<![CDATA[Endang Ernawati]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 1 (2022): Journal of Entrepreneurship and Business (March) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i1.4702
<![CDATA[Abstract – This study aims to analyze the effect of good corporate governance such as the number of commissioners, the number of commissioner meetings, the number of female commissioners, the independent commissioners on the dividend payout ratio in manufacturing companies listed on the Indonesia Stock Exchange and the Malaysia Stock Exchange. Malaysia was chosen because has a dividend payout rate close to Indonesia. This research uses a quantitative approach using multiple linear regression methods. The research used objects of 435 observations on the Indonesia Stock Exchange and 530 observations on the Malaysia Stock Exchange. The independent variables used are independent commissioners, board of commissioners meetings, size of commissioners, female commissioners. The results of the study using observations on the Indonesia Stock Exchange found that independent commissioners have a significant positive effect while the rest have an insignificant effect on the dividend payout ratio. Meanwhile, the results of the study using observations on the Bursa Malaysia found that the size of the commissioners and board of commissioners' meetings had a significant negative effect on the dividend payout ratio. Meanwhile, independent commissioners and female commissioners have a significant positive effect on the dividend payout ratio.]]>
<![CDATA[Factors affecting the Behavior Intention to Make Purchases Online On E-Commerce ]]>
<![CDATA[Shania Angelina]]>;
<![CDATA[Dudi Anandya]]>;
<![CDATA[Indarini Indarini]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 1 (2022): Journal of Entrepreneurship and Business (March) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i1.4705
<![CDATA[This study aims to determine and analyze the factors that influence behavioral intentions to make purchases online with the object of research e-commerce. The focus of this research are performance expectancy, effort expectancy, social influence, anxiety, personal innovativeness, and behavioral intention to purchase online. Sources of data obtained by distributing online questionnaires. Data were collected through questionnaires distributed to 398 respondents an then analyzed using path analysis and MGA (Multigroup Analysis) with SPSS (Statistical Package for Social Sciences) and SmartPLS 3.0 software. The results showed that performance expectancy, effort expectancy, social influence, and personal innovativeness had a positive and significant influence on behavioral intention to purchase online for the entire group, but there was no difference in the effect between the two gender groups. On the other hand, anxiety has a negative and significant influence on behavioral intention to purchase online in both gender groups and has a significant difference in influence which is dominated by the female group compared to the male group.]]>
<![CDATA[Using SWOT Analysis to Design Organizational Structure in Small Enterprise ]]>
<![CDATA[Litasari Widyastuti Suwarsono]]>;
<![CDATA[Atya Nur Aisha]]>;
<![CDATA[Dwi Wahyuni]]>;
<![CDATA[Fida Nirmala Nugraha]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 1 (2022): Journal of Entrepreneurship and Business (March) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i1.4822
<![CDATA[One of the biggest challenges of MSMEs is how to manage its resources to increase their business. Ani's Craft, already survives for 6 years now faces challenges to growth because lack of strategic planning, ineffective of HR management and unstructured organizational design. This study aims to design an organizational structure based on strategy that will help the small enterprise to growth. The study began with identifying the internal and external factors that influence its business. Result shows the strategy that fits the conditions was the WO strategy. New organizational structure was proposed that emphasize the importance of company's needs by adding marketing and finance divisions.]]>
<![CDATA[The Effect of Perceived Service Quality, Perceived Value, Destination Image, Attitude to Visiting Behavior, Tourist Satisfaction on Tourist Loyalty ]]>
<![CDATA[Muhammad Reza Islamy]]>;
<![CDATA[Juliani D. Trisnawati]]>;
<![CDATA[Siti Rahayu]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 1 (2022): Journal of Entrepreneurship and Business (March) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i1.4827
<![CDATA[This study aims to determine the effect of perceived service quality, perceived value, destination image, attitude to visiting behavior, tourist satisfaction on tourist loyalty of Teluk Hijau beach in Banyuwangi, East Java tourists. Teluk Hijau beach is one of the tourist attractions in Banyuwangi, which is known as a hidden paradise. It has a green bay with a unique form of white sand that can spoil the tourists’ eyes and has more tourists than other beaches in Banyuwangi. This research is based on causal research, which was tested empirically using questionnaire data from 150 respondents. The research analysis used Structural Equation Modeling (SEM) with SPSS 18 and AMOS 22 software. The results show that perceived service quality and perceived value have a significant effect on destination image, and destination image, attitude to visiting behavior, and tourist satisfaction have a significant effect on tourist loyalty.]]>
<![CDATA[The Effect of Social Media Marketing on Brand Image, Brand Trust, and Purchase Intention of Somethinc Skincare Products in Surabaya ]]>
<![CDATA[Lena Ellitan]]>;
<![CDATA[Laurencia Geraldine Dinda Harvina]]>;
<![CDATA[Robertus Sigit Haribowo Lukito]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 2 (2022): Journal of Entrepreneurship and Business (September) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i2.4801
<![CDATA[Pupose: This study aims to analyze the effect of social media marketing, brand image, and brand trust on the purchase intention of Somethinc skincare products in Surabaya. These days, the internet has been growing rapidly over time. In Indonesia, internet users increase from year to year. The internet can also be an essential tool for media promotion by using social media, which can effectively create a good brand image and brand trust that can be expected to foster purchase intentions for a product. Method: This study used a purposive sampling technique, with the number of samples being 160 respondents. The respondents' characteristics were social media users who had seen content on Somethinc social media, were domiciled in Surabaya, and aged more than 17 years old. The data used were primary data obtained by distributing questionnaires. The data analysis technique used was Structural Equation Modeling with SmartPLS software Result: The results of the study prove that Social Media Marketing has a significant effect on Brand Image, Social Media Marketing has a significant effect on Brand Trust, Brand Image has a significant effect on Purchase Intention, Trust has a significant effect on Purchase Intention, Social Media Marketing has an effect which has a significant effect on Purchase Intention through Brand Image, and Social Media Marketing has a significant effect on Purchase Intention through Brand Trust]]>
<![CDATA[The Effect of Corporate Governance toward Dividend Payout Ratio ]]>
<![CDATA[Werner Ria Murhadi]]>;
<![CDATA[Regina Vanessa Tjipta]]>;
<![CDATA[Endang Ernawati]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 2 (2022): Journal of Entrepreneurship and Business (September) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i2.4948
<![CDATA[Pupose: The existence of market uncertainty can increase agency problems that raise doubts about future cash flows, such as dividend payments. This study aims to analyze the effect of corporate governance such as the proportion of female commissioners, the proportion of female independent commissioners, the board size, board independence, board meeting, and audit committee size towards a dividend payout ratio. Method:The sample of this research is manufacturing sector companies listed on the Indonesia Stock Exchange (ISE) and the Thailand Stock Exchange (TSE). The company should have published financial reports that have been audited regularly during the study period, and the company has no negative retained earnings. This study uses a quantitative approach with two least square regression analysis models. Result: The observations on the ISE shows that the proportion of female independent commissioners and audit committee size has a significant positive effect on the dividend payout ratio. This result is because female commissioners can take control of minority shareholders by making larger payments and audit committee members can monitor more effectively and control opportunistic behavior. However, board independence and board meeting significantly adversely affect the dividend payout ratio, this is because more members of board independence and more frequent meetings can use dividends as a substitute role in reducing agency problems so that dividend payment will be below. The observations on the TSE shows that the proportion of female independent commissioners and board meetings significantly positively affects the dividend payout ratio. However, board independence has a significant adverse effect on the dividend payout ratio. This result is because board independence tends to reduce agency costs, so using dividends as a substitute role to reduce dividend payments.]]>
<![CDATA[Identifying Faculty Unionization Barriers at Kabul University ]]>
<![CDATA[Alireza Rajabipoor Meybodi]]>;
<![CDATA[Gholam Reza Bordbar]]>;
<![CDATA[Joma Khan Kazimi]]>;
<![CDATA[Ahsanullah Sazawar]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 2 (2022): Journal of Entrepreneurship and Business (September) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i2.4960
<![CDATA[Pupose: This paper aims to unveil the faculty unionization barriers in Kabul University. To utilize its sources and opportunities effectively and efficiently, universities need a cooperated faculty members. One way that makes faculties maintain their rights and privileges legally and build an equitable system is to establish Faculty Union. The research question addressed is: why Kabul University as one of the most influential and mother University in Afghanistan, still could not formed Faculty union? Method: For data analysis, the authors use thematic analysis to investigate the research question. Result: The results of this study show that Faculty Unionization Barriers at Kabul University classify under five categories including; Political barriers, Cultural barriers, Strategic barriers, Structural barriers and Legal barriers. The researchers of this paper believes that all these five factors rovolves around one axle; lack of an strong organizational culture in Kabul University. The identified barriers could be a facilitator for Kabul university faculty members and helpful in collaboration and Intra-Organizational Integration.]]>
<![CDATA[Ownership Structure, Capital Structure, and Financial Performance: Evidence from Moroccan Large Banks ]]>
<![CDATA[Mohamed Lachaari]]>;
<![CDATA[Mustapha Benmahane]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 2 (2022): Journal of Entrepreneurship and Business (September) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i2.4965
<![CDATA[Pupose: This article aims to verify how capital structure affects Moroccan banks' performance. First, we present a summarized literature review about capital structure's impact on firm value. Then we set a hypothesis from a theoretical model to be validated by a quantitative analysis of Moroccan's most essential bank data from 2006-2017, Method: The sample of this research is Moroccan's most essential bank data from 2006-2017. We were using an econometric Ordinary Last Square regression model. Result: Our findings show a negative relationship between banks' performance and equity ratio with good indicators. Therefore, leverage would be preferable to equity under the study's specific conditions, such as ignoring others factors and significant variables affecting return on equity. In addition, we found a significant influence of ownership structure on the relationship between equity ratio and financial performance of Moroccan banks. Indeed, we observed that foreign private and domestic public ownership influence the relationship between capital structure and a bank's performance. Then, we conclude that a bank's performance is generally related to a bank's capital structure. Moreover, the study was the first to choose equity ratio as a proxy for capital structure variable to observe the impact on financial performance in the context of the Moroccan banking sector.]]>
<![CDATA[Investment Behavioral Biases in Indonesia Millennial Investors Behavior during Pandemic ]]>
<![CDATA[Alfita Intan Putri Permata Damayanti]]>;
<![CDATA[Rofikoh Rokhim]]>
<![CDATA[ Journal of Entrepreneurship and Business Vol. 3 No. 2 (2022): Journal of Entrepreneurship and Business (September) ]]>
Publisher : <![CDATA[Program MM Universitas Surabaya ]]>
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DOI: 10.24123/jeb.v3i2.5089
<![CDATA[Purpose: Digital financial inclusion era has brought Indonesian people to gain interest in financial sector by accessing more resources to financial literature. During Covid-19 Pandemic, there was a unique phenomenon occurred where the price was going down but the number of individual investors, dominated by millennial, was increasing. This paper aimed to examine the behavioral biases that may influence Indonesian millennial investors during investment decision making process. The main focus is examining possibility of given effects from overconfidence, disposition effect, and loss aversion of the Indonesian millennial investors to investment decision making during Covid-19 Pandemic, by also examining the mediating effect for financial literature. Method: Using purposive sampling, a total of 1,035 valid respondents were collected using Google Form questionnaire. Structural Equation Modeling (SEM) analysis was conducted as the quantitative chosen method to examine the condition. Result: Overconfidence, disposition effect, and loss aversion are proven to positively affect investment decisions for Indonesian Millennial Investors during Covid-19 Pandemic. Additionally, financial literature is also proven to receive the mediating effect from overconfidence to investment decision, over all other independent variables. This study is believed to broaden the investment insight, especially in terms of investment decision making process and behavioral bias.]]>
