cover
Contact Name
Salam Fadillah Alzah
Contact Email
salam.fadillah@kwikkiangie.ac.id
Phone
+622165307062
Journal Mail Official
jurnal.ekonomi.perusahaan@kwikkiangie.ac.id
Editorial Address
Lembaga Penelitian dan Pengabdian kepada Masyarakat Institut Bisnis dan Informatika Kwik Kian Gie Jl. Yos Sudarso Kav 87, Sunter Jakarta 14350 Telp. +62 21 6530 7062 Fax +62 21 6530 6967
Location
Kota adm. jakarta utara,
Dki jakarta
INDONESIA
Jurnal Ekonomi Perusahaan
ISSN : 08548153     EISSN : 28301560     DOI : 10.46806
The JEP (Jurnal Ekonomi Perusahaan) is part of the Kwik Kian Gie School of Business and Information Technology scientific publications. Published by the Business and Entrepreneurship department, this journal aims to disseminate high-quality and respected academic articles concerning business and economic issues. The journal published twice a year (i.e., in March and September) is listed formally with P ISSN 08548153 and E ISSN 28301560. Hopefully, in this journal, high talented authors can publish their research articles, brief communication, review article, feasibility studies, and case studies around the following topics: entrepreneurship, marketing, consumer behavior, finance management, human resources management, business practices, and reviews, strategic management, economics, and accounting practices and theories. The journal pays respectful attention to the authors who come with original ideas or contributions about the field under investigation.
Articles 83 Documents
Strategic decisional beliefs: Conceptualization and empirical research Bilson Simamora
Jurnal Ekonomi Perusahaan Vol. 28 No. 2 (2021): September 2021
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1033.554 KB) | DOI: 10.46806/jep.v28i2.828

Abstract

Extant studies hold that the decision quality at the very moment of choice indicates future task accomplishment. However, regarding individual-making, the decision’s strategic nature still received little attention from scientists so far. For that reason, the author utilizes the strategic decision dimensions of justifiability, confidence, and satisfaction to form a new concept called strategic decisional beliefs. Making self-efficacy, motivation, subjective well-being, loyalty, and switching likelihood as the concept’s consequences under investigation, the author tests the concept using data from 350 new students chosen judgmentally. As expected, exploratory factor analysis with maximum likelihood extraction offers only one latent variable for the three underlined dimensions. Further investigation with confirmatory factor analysis indicates that all items are internally valid, reliable, and solidly merged into a single construct with a close fit measurement model. Good-fit structural equation modeling with Lisrel 8.8 successfully confirms that strategic decisional beliefs predict the specified consequences strongly. Interestingly, the construct has better structural validity in a unidimensional than a multidimensional form. This study still relies on a single cross-sectional design. Hopefully, further research can utilize a longitudinal design to investigate how strategic decisional beliefs predict individuals’ actual performance, satisfaction, and loyalty. Original Article   |   Turnitin  
Does Fraud Pentagon cause financial report manipulation? Ellen Crisna; Prima Appriwenni
Jurnal Ekonomi Perusahaan Vol. 28 No. 2 (2021): September 2021
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1098.603 KB) | DOI: 10.46806/jep.v28i2.830

Abstract

The most visible measure of a company's health is its financial reports. This critical function may motivate management to engage in fraudulent activities to impress that the company is constantly in good shape and profitable. As a result, the information is distorted and potentially jeopardizes investment decisions. Therefore, it is crucial to find a way to detect that deviant behavior. This research aims to fulfill this requirement. Using the period of 2017-2019 as the sample timeframe, the authors pay attention to the IDX30 version companies listed on the IDX. Financial statement fraud, financial stability, financial targets, industry type, poor supervision, auditor turnover, change of directors, and the frequency of appearance of CEO images are the variables under investigation. The secondary data from 48 units of analysis were analyzed using logistic regression. Financial stability and industry structure have a significant effect on financial statement fraud. Other variables under investigation have little effect. Original Article | Turnitin
Is weekend effects a myth? Maria Marcellinda Stevie; Said Kelana Asnawi
Jurnal Ekonomi Perusahaan Vol. 28 No. 2 (2021): September 2021
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (816.478 KB) | DOI: 10.46806/jep.v28i2.831

Abstract

In the widely recognized phenomenon of the weekend effect, it is commonly believed that Monday's stock prices are lower than Friday's. The authors believe that stock movements are unique in each country and sector. Does this phenomenon also occur sectorally in Indonesia? This study intends to answer this question. Therefore, the authors study the differences in stocks on Friday and Monday in the consumer, and property, agriculture sectors on the Indonesian Stock Exchange (IDX). The research problem is there a difference in stock prices and returns on Friday and Monday? To answer this question, the authors chose the sample purposively. The data are the open-close and trading volume of the three selected sectors on the IDX in the period January 2018 to September 2020. Using the independent sample t-test as an analytical tool, the study shows no difference between return and trading volume on Friday and Monday. Thus, the agriculture, consumer, and property sectors in Indonesia, experience no market anomaly called the weekend effect. Original Article | Turnitin
Why environmental consciousness does not affect intention to buy? Benita Benyamin; Dergibson Siagian
Jurnal Ekonomi Perusahaan Vol. 28 No. 2 (2021): September 2021
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (345.801 KB) | DOI: 10.46806/jep.v28i2.832

Abstract

Environmental consciousness arises when there is an understanding of the need for a balance between life and nature. This study aims to investigate whether such consciousness affects purchasing behavior of environmental-friendly claimed products directly or through their interaction with a price. To answer this question, the authors recruited 100 consumers as respondents who met the authors' predetermined requirements. The data analyzed using structural equation modeling reveals that environmental consciousness does not affect purchase intention, but the price does. It is also found to have no interaction with the price in influencing behavioral intention. This result leaves a question that further researchers can answer. Study in different product categories is encouraged. Original Article | Turnitin
Impact of a big political event on stock market: The 2019 Presidential Election case Christian Vieri Dharmasaputra; Yosia Satya Guna
Jurnal Ekonomi Perusahaan Vol. 28 No. 2 (2021): September 2021
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (882.246 KB) | DOI: 10.46806/jep.v28i2.833

Abstract

A national-scale political event has a big impact on the country’s economy. The most notorious political event in Indonesia is President and Vice President Election. This study is intrigued by a quest about whether that event impacted the stock market return. More specifically, did the event cause an abnormal stock return? To answer that curiosity, the authors took nine sectors of the Indonesia Stock Exchange as the research object. Each sector consists of 15 companies that are range from the small, medium, and large categories, based on market capitalization, debt/equity, revenue, and return on equity. This approach enables the authors to finally arrive at 135 units of analysis. The data is tested using the paired-samples t-test. This test reveals that there is no difference in abnormal returns before and after the 2019 President’s Election. In other words, there is no effect of the 2019 Presidential Election on stock return. Original Article | Turnitin
Decision, intention, expectation, willingness, and volition: Critics and comments Bilson Simamora
Jurnal Ekonomi Perusahaan Vol. 29 No. 1 (2022): March 2022
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (644.902 KB) | DOI: 10.46806/jep.v29i1.834

Abstract

There are thousands of studies aimed at predicting future behavior. The most outstanding concept in those quests is behavioral intention. However, many researchers fell into misusing those concepts, raising the inaccuracy of the prediction. Many researchers paid no considerable attention to the specific context of their study. This article aims to give the direction to avoid that trap and to straighten out the proper use of the concept of decision, goal intentions, specific intention, implementation, behavioral expectation, behavioral willingness, and volition. The author also outlines their relevance to a particular behavior. Original Article | Turnitin
Quality audit moderates the influence of good governance on company value Dina Nurhasanah; Sugi Suhartono
Jurnal Ekonomi Perusahaan Vol. 29 No. 1 (2022): March 2022
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (732.273 KB) | DOI: 10.46806/jep.v29i1.835

Abstract

The mechanisms and principles of good corporate governance are crucial to increasing company value. However, this principle is still missed by many companies. Qualified auditors that can conduct a good auditing quality are the key to this issue. This research departs from a belief that the ability of audit quality moderates the effect of good corporate governance on company value. This study aims to confirm this notion. Therefore, the authors analyze the data from 129 companies taken purposively from various industries listed on the Indonesia Stock Exchange from 2017 to 2019, using the pooling test as the primary analysis tool. This study reveals that institutional ownership positively influences company value. As expected, audit quality moderates this relationship. However, this study fails to confirm the effect of the board of commissioners and managerial ownership on company value. Moreover, audit quality also fails to show its moderating effect in those unconfirmed relationships. The authors propose suggestions for further research. Original Article | Turnitin
How image and trust determine preference: The case of Kaskus, OLX, and Tokopedia Shannen Bonfilio
Jurnal Ekonomi Perusahaan Vol. 29 No. 1 (2022): March 2022
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1081.79 KB) | DOI: 10.46806/jep.v29i1.839

Abstract

The influence of brand image and trust on purchasing behavior has been widely studied. However, there is still little that connects it to brand preferences, especially in the context of different e-commerce platforms. This study investigates the effect of brand image and trust on e-commerce website preferences on three platforms: community-based Kaskus, classified advertising OLX, and marketplace Tokopedia. For this reason, the author recruited 219 respondents aged 17-60 years with junior high school education and above who made one of the three e-commerce platforms their favorite shopping sites. Data analysis using linear regression and path analysis shows that brand image and brand trust directly affect Kaskus and Tokopedia. In OLX, only brand trust affects brand preference. In addition, the brand image also affects brand preference for Kaskus and Tokopedia, while OLX does not. There are indications that brand image and brand trust work in relative terms. Future research could examine this indication. Original Document | Turnitin Plagiarism Check
The effect of work-life balance and work satisfaction on work productivity of employees of the Special Capital Region of Jakarta Mutia Garini Rahajeng; Kristin Handayani
Jurnal Ekonomi Perusahaan Vol. 29 No. 1 (2022): March 2022
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (554.549 KB) | DOI: 10.46806/jep.v29i1.841

Abstract

There are thousands of studies that study the factors that affect work productivity. Most studies take private companies as the research context. In this study, the researchers conducted a study on government employees who are generally considered to have lower productivity than the private sector. The question is, does this assumption apply to local governments that provide high welfare to their employees? To answer this question, the researchers deliberately selected as many as 144 local government employees specifically for the capital city of Jakarta. Data were collected using a questionnaire distributed through electronic media. The dependent variable is work productivity, and the independent variable is work-life balance and job satisfaction. SEM analysis using SmartPLS 3.0 shows that work-life balance has no direct effect on work productivity. The effect of work-life balance on work productivity occurs through job satisfaction. In this relationship, job satisfaction plays a full mediation role. Original Article | Turnitin
OVO acceptability and its innovative characteristics Venna Kintan
Jurnal Ekonomi Perusahaan Vol. 29 No. 1 (2022): March 2022
Publisher : Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (385.657 KB) | DOI: 10.46806/jep.v29i1.842

Abstract

OVO is a financial application that was launched widely in September 2017. Since its launch, OVO has successfully received ten million users in July 2018. This study aims to investigate innovative characteristics that determine its rapid acceptability. Roger's (1983) diffusion of innovation theory underlines the study. The data were collected from 150 respondents who have used the OVO application at least once in the last six months, chosen judgmentally. This study found that OVO acceptability is determined by relative advantage and observability. Compatibility does not affect OVO acceptance. In addition, complexity influences OVO acceptability negatively. The four determinants can explain 72% of OVO acceptability. The researcher recommends that companies conduct counseling, seminars, and even workshops on OVO applications so that more people can better know OVO. This research still focuses on people below 31 years old. Further research can focus on older. Original Article | Turnitin