Jurnal Manajemen dan Kewirausahaan
Jurnal Manajemen dan Kewirausahaan or Journal of Management and Entrepreneurship is published biannually, in March and September, by Petra Christian University. JMK aims to promote recent research results on Management and or Entrepreneurship, publish only research results on Management, such as Marketing Management, Financial Management, HR Management, Operation or Production Management, Business Management, etc., and or Entrepreneurship as a knowledge development. JMK welcomes papers with the above aims and scopes. The editorial board decides papers to be published in JMK after reviewed by appointed reviewers or double blind review. Authors will be advised of comments from reviewers and suggestions.
Articles
135 Documents
<![CDATA[WEBSITE AS AN COMMUNICATION TOOL AND BRANDING STRATEGY IN TELECOMMUNICATION COMPANIES: - ]]>
<![CDATA[Erni Martini]]>;
<![CDATA[Lili Adi Wibowo]]>;
<![CDATA[Agus Rahayu]]>;
<![CDATA[Ratih Hurriyati]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.81-90
<![CDATA[This research had the purpose of investigating the utilization of a company's official website as a communication medium and for online branding purposes in the telecommunication industry in Indonesia. This study used a population of official websites from seven telecommunication companies in Indonesia. The indicators that had been used to analyze website content, website ease of use, and website interactivity. The results of this study showed that 100% of telecommunication companies in Indonesia had a website that can be used as an online branding strategy. The indicators that were mostly used by these companies for online branding were website content (100%) and website ease of use (93.65%), while the use of website interactivity (53%) still needed to be maximized. The findings of this study were useful in revealing how telecommunications companies in developing countries used their websites as a communication medium for online branding]]>
<![CDATA[BUSINESS PHILOSOPHY OF SELECTED BICOLANO ENTREPRENEURS: DISSECTING THEIR VIEWS AND INSIGHTS ]]>
<![CDATA[Yumi Vivien De Luna]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.15-21
<![CDATA[This study aimed to seek views from selected Bicolano entrepreneurs on how they run their business, the values they believed, challenges they experienced with the current pandemic and their future plans as well. It was qualitative research that made used of structured interview and content analysis. Findings showed that Bicolano entrepreneurs’ views on the different themes were not clearly separated from each other. Most of them started the business as additional source of income. These entrepreneurs were strongly driven by their particular advocacies. In terms of core values, most of them agreed that dedication to work was viable in making business successful. The business philosophy that stood out among them was making customer satisfaction a priority. The resilience of the Bicolano entrepreneur amidst the pandemic was manifested by their continuous marketing innovations adapting to the situation.]]>
<![CDATA[THE ROLE OF COMPETENCIES, FINANCIAL PLANNING, AND ACCESS TO FINANCE IN EXPLAINING SMEs FINANCIAL INNOVATION ]]>
<![CDATA[Hadi Ismanto]]>;
<![CDATA[Tantri Pratiwi]]>;
<![CDATA[Nurin Zulianti]]>;
<![CDATA[Akhmad Abdul Qofur]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.44-51
<![CDATA[Finance was a crucial aspect for the survival of SMEs. This study explored the factors that can influence financial innovation. Data was collected from the results of distributing questionnaires to 285 SMEs using a door-to-door approach and filling assistance. Sampling was based on the proportion of small and medium-sized industries. The data were tested with a series of statistical tests to obtain a suitable regression result. These results indicated that financial innovation was influenced by the owner or manager's entrepreneurial competence. Meanwhile, access to finance and financial planning did not affect financial innovation. Additional funds from outside the company were deemed necessary when the owner or manager of SMEs applies their maximum competence for business growth and performance. Therefore, it forced SMEs to be smart in exploring financial sources. SMEs tent to use their finance access to finance their business operations rather than making financial innovations. SMEs did not think about exploring their finances anymore because they feelt they had enough loans obtained from one institution. Even though the knowledge of SME owner or manager financial planning was quite good; they prefered not to make financial planning and let the cash flow normally.]]>
<![CDATA[SOCIAL NETWORK ANALYSIS: A COMPETITION IN INDONESIA’S FASTEST GROWING FINTECH ]]>
<![CDATA[Chandra Arifianto]]>;
<![CDATA[Veritia Veritia]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.73-80
<![CDATA[This study aimed to analyze how effective the use of social media was to maximize recognition and sales. On social media, users had tried to reveal information they already knew about financial technology startup businesses. User Generated Content (UGC) information, which was a track record left by users on social media, can be used as a mapping for users who communicate on social media. This study itself had used this phenomenon to measure the performance of companies (through brands) that were popular on social media, namely Gopay and DANA, in an effort to measure a person's awareness and interest. The method used was Social Network Analysis (SNA). This qualitative research aimed to describe the results of a phenomenon that were occurs. The results of this study indicated that DANA had advantages in the community and it was easy for users to communicate because there were few accounts that must be passed in conveying information. Meanwhile, Gopay had the advantage of having a large number of users and being have many relationships between users.]]>
<![CDATA[DETERMINANTS OF JOB SATISFACTION ]]>
<![CDATA[Misna Ariani]]>;
<![CDATA[Raden Roro Hesti Mugiastuti]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.52-63
<![CDATA[Determining the employees’ career contentment is crucial at this time. Companies should pay more attention to employee career contentment. This research focused to the determinant of employee career contentment through organizational culture, work environment, organizational commitment toward 98 office and workshop employees at PT Bukaka Teknik Utama Balikpapan Branch. It used classical assumption to test research hypothesis by analyzing feasibility with multiple linear regression model. The result revealed that organizational culture, work environment, and organizational commitment had a significative effects on employee job satisfaction. The work environment was influential but not so important. Furthermore, organizational culture had dominant effect to the employees’ job satisfaction. The work environment communication connection (communication between fellow employees), especially played role in the application of work and conformance with standard operating procedures, making it easy for employees to understand. The author realized attention of an acceptable work environment to increase the level of career contentment. The practical implications of this research results can be consideration for similar industrial companies in providing maximum satisfaction related to organizational culture, work environment, and organizational commitment. Employees satisfied at work and afforded occasions to advance themselves, if companies concerned to the availability of work facilities and convenience.]]>
<![CDATA[OWNERSHIP STRUCTURE, FIRM VALUE AND THE MODERATING EFFECTS OF FIRM SIZE: EMPIRICAL EVIDENCE FROM INDONESIAN CONSUMER GOODS INDUSTRY ]]>
<![CDATA[Iman Sofian Suriawinata]]>;
<![CDATA[Denty Melatijati Nurmalita]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.91-104
<![CDATA[Employing a panel data from a sample of Indonesia listed consumer goods companies covering the period of 2015-2019, the present study examines the effect of share ownership structure on firm value with firm size acting as a moderating variable. The estimation results show that while the control hypothesis of institutional ownership is supported, the alignment hypothesis of managerial ownership does not hold. However, the present study finds that firm size moderates the effect of share ownership structure on firm value. As firm size increases, managerial conducts are more inclined to conform with shareholders’ interest. But on the other hand, as firm size increases, institutional investors tend to side with managers in extracting more value at the expense of other shareholders. These findings corroborate anecdotal evidence in empirical corporate finance that size does matter, and provides insights for policy makers relating to corporate governance implications of institutional ownership in large firms.]]>
<![CDATA[ENTREPRENEURIAL FAILURE AND RESILIENCE: A CONTINUOUS INTERPLAY BETWEEN RIGIDITY AND FLEXIBILITY ]]>
<![CDATA[Alberto Borbolla-Albores]]>;
<![CDATA[Pavel Reyes-Mercado]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.1-14
<![CDATA[Resilience studies are increasingly relevant to understand business processes. This study aimed to explore how entrepreneurs in Mexico recovered from situations of business failure. Which key factors did move entrepreneurs to move forward with their ventures rather than desisting after a failure event? Through a qualitative study that utilized focus groups with entrepreneurs that had faced entrepreneurial failure, discourses, and representations around the failure experience were analyzed. Findings suggested that entrepreneurs lied in a continuum between resilience and resistance, depending on their access assets such as entrepreneurial networks, ecosystems, and pool of knowledge as antecedents of resistance and resilience. The study shed light in the understanding of the role communities surrounding entrepreneurs played in their trajectory, failure, and eventual recovery.]]>
<![CDATA[PERFORMANCE EFFICIENCY OF QUALITY CONTROL LABORATORY THROUGH IMPLEMENTATION OF LEAN OPERATION ]]>
<![CDATA[Dita Ayu Lestari]]>;
<![CDATA[Athor Subroto]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.64-72
<![CDATA[Lean operation is the common method to increase operational's efficiency, but it is still rarely implemented for Quality Control Laboratory. This paper used Value Stream Mapping to identify added value and non-added value activities from raw material analysis in Quality Control Laboratory of pharmaceutical industry. Efficiency was measured by reducing the turnaround time for raw material analysis and then converted into labor cost efficiency. Our research renders a decrease of 42.7% in turnaround time for the top 20 raw materials sample that received in 2020. In addition, it reduced the cost of labor by IDR 130,193,977 per year. These results showed us the importance of implementing lean operations in the laboratory to support pharmaceutical industries in producing quality and affordable drug products.]]>
<![CDATA[EXCHANGE RATE, GOLD PRICE, AND STOCK PRICE CORRELATION IN ASEAN-5: EVIDENCE FROM COVID-19 ERA ]]>
<![CDATA[Vicho Dwindra Arisandhi]]>;
<![CDATA[Robiyanto Robiyanto]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.22-32
<![CDATA[ASEAN-5 (Indonesia, Singapore, Malaysia, Philippines, and Thailand) were the pillars of economies in the Southeast Asia. This study aimed to examine the dynamic correlation of exchange rate and gold price on stock price in ASEAN-5 countries during COVID-19 pandemic. This study used Asymmetric DCC-GARCH model and employed daily data from March 2020 to August 2021. For all cases, the findings showed the degree of correlations were similar to each other. Furthermore, the result revealed that exchange rate and gold price had weak correlations on stock price. During the pandemic, negative correlation confirmed the exchange rate was a better alternative asset than gold which was positively correlated with stock prices. The ASEAN-5 market participants should hereby evaluated their investment risk and strategy.]]>
<![CDATA[SUCCESSFUL HR AUDIT: IS IT DETERMINED BY TOP MANAGEMENT COMMITMENT, HR CONSULTANTS, AND LINE MANAGER INVOLVEMENT ]]>
<![CDATA[Fredson Kotamena]]>;
<![CDATA[Poltak Sinaga]]>;
<![CDATA[Dylmoon Hidayat]]>;
<![CDATA[Niko Sudibjo]]>
<![CDATA[ Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022 ]]>
Publisher : <![CDATA[Management Study Program, Faculty of Business and Economics, Petra Christian University ]]>
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DOI: 10.9744/jmk.24.1.33-43
<![CDATA[The research aimed to find out how to execute a successful HR audit by looking into the top management's commitment, HR consultants' function in the business, and the line manager's level of participation in the audit. 70% of the total population of employees who were selected using probability random sampling participated through an online questionnaire. The hypothesis was tested using structural equation modeling since a total of 104 respondents supplied favorable responses, but only 101 could be employed to test the hypothesis. The result showed that the absence of HR and line managers did not affect the success of HR audits from the starting point and that the term "audit" had a negative connotation.]]>
