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Proceeding of the International Conference on Family Business and Entrepreneurship (ICFBF)

ICFBE
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Published by President University

ISSN : - EISSN : 26203863 DOI : -

Core Subject : Economy,

Economics, Econometrics & Finance

International Conference on Family Business & Entrepreneurship (ICFBE) is a scientific international conference driven by the livelong aspiration of President University as a center of excellence, especially in the ﬁeld of family business and entrepreneurship. The conference is organized by the Faculty of Business at President University with the aim of gathering researchers and practitioners to critically share and discuss the latest empirical, conceptual, as well as theoretical findings and trends in a demanding topic. The ICFBE has been held six times from 2017 to 2022. It has succeeded in bringing together researchers and practitioners from various countries over the past five years. The papers presented at ICFBE have been published in various scientific publication outlets both on a national scale in Indonesia and international wide. This website presents the online proceeding of the ICFBE. All papers published in this proceeding have gone through a rigorous peer-review process and scientific principles.

Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)

Articles 244 Documents

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THE INFLUENCE OF PRODUCT EXPERIENCE AND FOOD COOKING HABIT ON COVID-19 TOWARDS REPURCHASE READY-MADE FROZEN FOOD Felix Goenadhi
Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship
Publisher : President University

The Covid-19 is forced the worker to work from home, self-isolation, or any other condition that makes them should be at their home, however, they need to eat, and workers usually purchases a meal from a restaurant, canteen, or any other ready to eat suppliers. Thisresearch focuses on repurchase ready-made frozen food based on product experience, that containsthe aesthetic experience, experience meaning, and emotional experience, and food cooking habit on Covid-19 pandemic. The research aim is to see the need from customers and the result is for ready-made frozen food from homemade suppliers to giving a business strategy. This research using SPSS ver. 20 and the result from 350 respondents, isthe aesthetic experience is not giving a significant to repurchase ready-made frozen food, however, the food cooking habit on Covid19 in increasing, and the experience meaning is giving the highest contribution in repurchase ready-made frozen food. The strategy of supplier ready-made frozen food is to have inline products and giving a nutrition value to the customers.Keywords: Product Experience, Food Cooking Habit, Ready-Made Frozen Food, Small Medium Enterprise

The influence of ethical leadership on turnover intentions: the mediating role of job satisfaction M Abyan Syuja; Aryana Satrya
Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of 6th International Conference on Family Business and Entrepreneurship
Publisher : President University

The service industry in the mechanical engineering field company where employees are required to have high accuracy and under close supervision, potentially feel great work pressure which can stimulate turnover intentions. There are problems in organizational culture cultivation and good governance implementation, thus potentially having low results of ethical leadership and job satisfaction, which resulted in high turnover intentions. This research aims to analyze the correlation between ethical leadership and organizational culture towards turnover intentions directly and through job satisfaction as an intervening variable and to analyze the mediation effect of job satisfaction on turnover intentions. The research method used is quantitative. Primary data are obtained directly from subjects through questionnaires. The populations are 524 employees. The sampling technique used census; thus, all populations can be used as research samples. Data are analyzed by pre-test and path analysis with Structural Equation Modelling. There is no directly proportional and significant correlation between independent variables towards mediation variables as well as inverse and significant correlation between independent variables and mediation variables towards dependent variables.

How workplace discipline, transformational leadership, and career development affect employee performance at the Royal Beach Hotel Seminyak Bali Iwk Teja Sukmana; Ni Putu Adella Tika Pertiwi; I Ketut Sirna; Eko Sulistiyo; Putu Chris Susanto
Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of the 5th International Conference on Family Business and Entrepreneurship
Publisher : President University

This study examines the impact of workplace discipline, transformational leadership, and career development on employee performance at a five-star hotel in Bali. The study was conducted at the Royal Beach Seminyak Bali, which is a part of Accor Group’s MGallery Collection of boutique hotels. The data was collected from 73 employees who were selected using a randomized sampling method using a close-ended questionnaire, which was then analyzed quantitatively using regression analysis. The results suggest that workplace discipline, transformational leadership, and career development positively affect employee performance (sig. of 0.038; 0.032; and 0.028 respectively [α < 0.05]). Meanwhile, the study also indicates that workplace discipline, transformational leadership, and career development simultaneously have positive effect on employee performance (F-count = 31.702, greater than F-table = 2.74, α < 0.01). This suggests that improvement in workplace discipline, transformational leadership, and career development, could positively affect employee performance at The Royal Beach Seminyak Bali.

ADAPTIVE MEASURES OF SMALL, MEDIUM ENTREPRENEURS DURING THE PANDEMIC Atty Eduardo T. Bajador
Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship
Publisher : President University

COVID-19 continues to haunt and causes anxiety among people. The research focused on entrepreneurs adaptive measures, business safeguards and risks management strategies. Data were sourced from eighty-one respondents through online survey questionnaire. Results on initial measures were; entrepreneurs’ developed and set strategic working plans for business resilience, faced challenges, risks and stayed open, few shifted to another business. The entrepreneurs implemented all health safety protocols; employees worked from home, set up home office, travel restriction and stop infrastructure dealings. Findings on entrepreneurs business safeguards consisted; checked product expiration; identified alternative suppliers, assessed impacts on finances, reviewed plans and options, sustained financing in reversible process, managed cash flow, supply chain, addressed crucial threats. They forgot evaluation of impacted lower demand goods, offered early payment, alternatives for raising funds and engaged customers. In managing risks, entrepreneurs posted availability of goods, identified key suppliers, contact stakeholders, posted signage “until supply lasts” on limited items, reviewed cash flows for the next 3 months/flexibility contracts and suspended production. The variables income, and number of years in business showed negligible difference except age to the measures employed during the crisis. The research exposed the relative absence of pandemic preparedness. It illustrated how the measures undertaken shielded entrepreneurs from the crises. It may serve as benchmark data and guide in upcoming ventures to include entrepreneurs’ strategic adaptation plans not only for future catastrophes. Keywords: adaptive, measure, entrepreneurs

THE CHANGE OF INDONESIANS LIFESTYLE TOWARDS FOOD PURCHASE DECISION DURING COVID-19 PANDEMIC Amira Nurul Azmi; Genoveva Genoveva
Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship
Publisher : President University

Since the earlier of 2020, Indonesia has been fighting against Covid-19 and currently there have been more than four thousand people infected by Covid-19 per day. This raises fears of all sectors especially in business. All regulations and policies such as social distancing, health protocols, work from home, travel restrictions, and self-isolation at home have been implemented by the government. As a result, all workforce must be reduced in all economic sectors, which causes an increase in the number of unemployed. If schools and offices are closed, some of the populations are influenced to change their life into a healthy lifestyle in order to prevent any disease that will come to them. This case will impact to their trust towards the food-seller and they will decide whether they purchase or not. Hence, this research explains about the influence of the lifestyle towards purchase decision through customer trust as the mediating variable. The variables of this research such as the dimensions of lifestyle (activity, interest, and opinion) as independent variables, purchase decision as dependent variable, and customer trust as the mediating variable. This research is a quantitative research which using SmartPLS 3.0 (Partial Least Square Structural Equation Model). The online questionnaire spread to 171 respondents by snowball sampling. The result show that the positive influence of lifestyle (activity, interest, and opinion) on purchase decision. In additional, the lifestyle positive influence on purchase decision trough trust as the intervening variable. Keywords: lifestyle, customer trust, purchase decision, covid-19.

Factors influencing travel intention in the midst of Covid-19 pandemic at Kawasan Kuliner Pasar Lama, Tangerang Vimutti Hasita Lourent Jinarakkhita; Dedi Kurniawan
Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of the 5th International Conference on Family Business and Entrepreneurship
Publisher : President University

Tourism has been one of the sectors hardest hit by the coronavirus outbreak, with many tourist destinations empty. As countries around the world enforced travel restrictions and the introduction of large-scale social regulations (PSBB) forced people to stay at home in Indonesia. The pandemic has changed the order of social life and society. Among those most affected are the economic and tourism sectors including Kawasan Kuliner Pasar Lama in Tangerang City. The purpose of this study is to find out the influence of Knowledge of COVID-19, Knowledge of Tourism, Tourist Experience towards Travel Intention to Kawasan Kuliner Pasar Lama. This study uses a quantitative research method with survey technique. The respondents are selected using the technique of non-probability sampling especially purposive sampling. The questionnaire were filled up by 301 people who have already experienced visiting and are familiar with Kawasan Kuliner Pasar Lama. The data collected was analyzed with the structural equation model. From the analysis result, this study found that Knowledge of COVID-19 has no influences Attitude of Risk Aversion, Knowledge of Tourism has influences Attitude of Risk Aversion, Tourist Experience has influence Destination Image, Attitude of Risk Aversion has negatively influences Travel Intention, Destination Image has influences Travel Intention. The managerial implications of this study The government and management center can give more socialization about COVID-19 to the owner of the store/restaurant and visitors. Government and management centers can train the owner store/employee of food stalls/street vendors/labor worker. Meanwhile, from theoretical implications This study analyzes the correlation between Knowledge of COVID-19, Knowledge of Tourism, and Tourist Experience as independent variables with Attitude of Risk Aversion, Destination Image, and Travel Intention as dependent variables.

ENTREPRENEURS’ CHALLENGE IN DEVELOPING FAST FOOD RESTAURANT: A CASE OF FK CHICKENIN JAKARTA Farida Komalasari; Vallent Vallent
Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship
Publisher : President University

Increasing number of fast food restaurant encourages entrepreneurs to compose a suitable strategy in developing their business. Entrepreneurs should know well about the customers satisfaction factors of fast food restaurant and its impact on customers’ purchase intention. Knowing the influence of dineserve’s variables (food.quality, atmosphere, servicesquality,.convenicence.and.price) on customers’.satisfaction and purchase intention in fast food restaurant is needed. Therefore, this research’s objectives are to indentify the influence of dineserve on.customer satisfaction and to identify the influence of customers’.satisfaction on purchase intention of FK Chicken products. A quantitative analysis is carried out through circulating an online questionnaire, which consists of 37 statements.There are 250respondents which are choosen using purposive sampling and snowball sampling from its population. The population are people who have ever purchase of FK Chicken products in Indonesia. After checking the validity & reliability, SEM is used for model fit testing, hypothesis testing and R-Square analysis. The result shows thatthe product quality data is not valid, so it is excluded from the inferential analysis. The all four dineserve’s variables positively influence customer satisfaction and also customer satisfaction influences purchase intention. Therefore, an entrepreneur should focus on the way how to improve customers’s saticfaction by providing an interesting atmosphere, giving better servicesquality, improving the convenicence,.and offering an affordable.price. Keywords: Dineserve, Customer Satisfaction, Purchase Intention, Fast Food Restaurant, Indonesia

The influence of entrepreneurship education towards entrepreneurial intention mediated by attitude, subjective norms, and perceived behavioral control of business management students at Universitas Ciputra Surabaya Cynthia Hartono; Wendra Hartono; Charly Hongdiyanto; Gracia Ongkowijoyo
Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of the 5th International Conference on Family Business and Entrepreneurship
Publisher : President University

One of the major problems in Indonesia is inadequate number of workers with the number of job positions available. Hence, it is better for people with productive age, especially the one that is educated, to have an orientation or intention to create job, rather than being a job seeker. Entrepreneurship education is considerably believed to be a prominent element in forming one’s entrepreneurial intention. Nevertheless, many studies show few consistent results on the direct impact of entrepreneurship education on individual's entrepreneurial intention. Therefore, the aim of this study is to examine the influence of entrepreneurship education toward entrepreneurial intention with Theory of Planned Behaviour (TPB) approach as a mediator. This theory clarified that there are three primary forces that influence an individual's intentions, which are attitude, subjective norms, and perceived behavioural control. The approach to this research is quantitative method, where the data collected will be analysed statistically using PLS-SEM. The researcher selected the population of 992 business management students at Universitas Ciputra Surabaya, who are registered in the academic year of 2017 and 2018. By using purposive sampling method, the total samples that successfully collected are 305 samples. The result of this study concludes that the direct relationship between entrepreneurship education to entrepreneurial intention shows no significant effect. Nevertheless, entrepreneurship education can significantly influence entrepreneurial intention if it is fully mediated by attitude toward entrepreneurship, subjective norms, and perceived behavioural control. Ajzen, I.(1988).Attitudes,Personality,andBehavior. Chicago:DorseyPress. Ajzen, I. (1991). The Theory of Planned Behavior. Organizational Behavior and HumanDecisionProcesses,Vol. 50, No. 2, 179-211. Basu, A., & Virick, M. (2008). Assessing Entrepreneurial Intentions Amongst Students: AComparative Study. 12th Annual Meeting of the National Collegiate Inventors andInnovatorsAlliance, Dallas, USA, 19-21. Bui, T. H. V., Nguyen, T. L. T., Tran, M. D., & Nguyen, T. A. T.T. (2020). DeterminantsInfluencingEntrepreneurialIntentionamongUndergraduatesinUniversitiesofVietnam,Journalof Asian Finance, Economics andBusiness,7(7): 369-378 Do Paco, A. et al. (2011). Behaviours and Entrepreneurial Intention: Empirical Findings About Secondary Students. Journal of International Entrepreneurship, Vol. 9 No. 1, 20-38. Farooq, M. et al. (2018). Impact of support from social network on entrepreneurial intention of fresh business graduates A structural equation modelling approach. Education + Training, Vol. 60, No. 4, 335-353. Galloway, L., & Brown, W. (2002). Entrepreneurship Education at University: A Driver in the Creation of High Growth Firms? Education+Training, Vol. 44 No. 8/9, 398-405. Garson, G. (2016). Partial Least Squares: Regression & Structural Equation Models. Statistical Associates Publishing. Gerba, D. (2012). Impact of entrepreneurship education on entrepreneurial intentions of business and engineering students in Ethiopia. African Journal of Economic and Management Studies.Vol. 3, No. 2., 258 - 277. Hair, Jr., J. et al. (2017). A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM) Second Edition. Los Angeles: Sage Publication. Kshetri, N. (2018). Global Entrepreneurship. Global Entrepreneurship. https://doi.org/10.4324/9780429458996 Kuehn, K. (2008). Entrepreneurial intentions research: implications for entrepreneurship education. Journal of Entrepreneurship Education, Vol. 11, 87-98. Kusmintarti, A., Riwajanti, N. I., & Asdani, A. (2017). Pendidikan Kewirausahaan dan Intensi Kewirausahaan dengan Sikap Kewirausahaan sebagai Mediasi. Jurnal Riset dan Aplikasi: Akuntansi dan Manajemen, Vol. 2 No. 2, 119-128.Luc, P. T. (2020). Outcome Expectations and Social Entrepreneurial Intention: Integration of Planned Behavior and Social Cognitive Career Theory. The Journal of Asian Finance, Economics and Business, 7(6): 399-407. Lu, H., & Wang, J. (2018). Entrepreneurial Intention of Two Patterns of Planned Behaviour and Alertness: Empirical Evidence in China. The Journal of Asian Finance, Economics and Business, 5(2): 63-72. Paray, Z., & Kumar, S. (2020). Does entrepreneurship education inﬂuence entrepreneurial intention among students in HEI’s? The role of age,gender and degree background. Journal of International Education in Business, Vol. 13 No. 1, 55-72. Phan, L. T. (2018). The Relationship between Perceived Access to Finance and Social Entrepreneurship Intentions among University Students in Vietnam. Journal of Asian Finance Economics and Business, 5(1), 63-72. Pratana, N. K., & Margunani. (2019). Pengaruh Sikap Berwirausaha, Norma Subjektif dan Pendidikan Kewirausahaan Terhadap Intensi Berwirausaha. Economic Education Analysis Journal, Vol. 8 No. 2, 533-550. Puni, A., Anlesinya, A., & Korsorku, P. (2018). Entrepreneurial education, self-efficacy and intentions in Sub-Saharan Africa. African Journal of Economic and Management Studies, Vol. 9 No. 4, 492-511. Rasli, A. et al. (2013). Factors Affecting Entrepreneurial Intention Among Graduate Students of Universiti Teknologi Malaysia. International Journal of Business and Social Science.Vol. 4 No. 2, 182-188 . Santi, N., Hamzah, A., & Rahmawati, T. (2017). Pengaruh Efikasi Diri, Norma Subjektif, Sikap Berperilaku, dan Pendidikan Kewirausahaan Terhadap Intensi Berwirausaha. Jurnal Inspirasi Bisnis dan Manajemen, Vol. 1 No. 1, 63-74. Schwarz, E. et al. (2009). The effects of attitudes and perceived environment conditions on students’ entrepreneurial intent: an Austrian perspective. Education Training, Vol. 51 No. 4, 272-291. Sekaran, U., & Bougie, R. (2016). Research Method for Business: A Skill-Building Approach Seventh Edition. Chichester UK: John Wiley & Sons Ltd. Souitaris, V., Zerbinati, S., & Al-Laham, A. (2007). Do entrepreneurship programmes raise entrepreneurial intention of science and engineering students? The effect of learning, inspiration and resources. Journal of Business Venturing, Vol. 22 No. 4, 566-591. Sun, H. et al. (2017). The impact of entrepreneurial education on entrepreneurial intention of engineering students in HongKong. Management Decision, Vol. 55 No. 7, 1371-1393. Thompson, E. (2009). Individual entrepreneurial intent: construct clarification and development of an internationally reliable metric. Entrepreneurship Theory and Practice, Vol. 33 No. 3, 669-694. Utami, C. W. (2017). Attitude, Subjective Norms, Perceived Behavior, Entrepreneurship Education and Self-efficacy toward Entrepreneurial Intention University Student in Indonesia . European Research Studies Journal Volume XX, Issue 2A, 475-495 . Wilson, F., Kickul, J., & Marlino, D. (2007). Gender, entrepreneurial self-efficacy, and entrepreneurial career intentions: implications for entrepreneurship education. Entrepreneurship Theory and Practice, Vol. 31 No. 3, 387-406. Zhang, F. et al. (2019). How entrepreneurial learning impacts one’s intention towards entrepreneurship: A planned behavior approach. Chinese Management Studies, Vol. 13 No. 1, 146-170.

COPING STRATEGIES AND ITS INFLUENCE ON THE REDUCTION OF PSYCHOLOGICAL EFFECTS EXPERIENCED BY NURSES IN HANDLING COVID-19 CASES Nurul Azzarah; Maria Jacinta Arquisola
Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship
Publisher : President University

In facing the COVID-19 pandemic, Indonesian nurses have to work under pressure and non-stop because of the imbalance of the ratio between nurses and patients. It affects their psychological health and results in a lot of nurses feeling stressed while doing their job. This study aims to find out about the effect of coping strategies – emotion-focused coping, problem-focused coping, and escape-avoidance coping - in reducing the psychological effects experienced by Indonesian nurses in handling COVID-19 cases. A total of 110 nurses who work in special referral hospitals and treating COVID-19 patients participated in this study. Using multiple regression analysis, the study found that there is reduction in COVID-19’s psychological effect when they employ coping strategies, with the highest result being problem-focused coping supported by the presence of such medical aids as PPE (personal protective equipment), and ventilators which enable them to focus on the job better and feel assured of their own safety. This study not only finds that nurses find a way to reduce their stress but also recommend that a solution for the reduction of COVID-19 effects is for government to ensure their safety by providing and distributing personal protective equipment (PPE) evenly and thoroughly to ensure safety and reduce nurses' stress. This study contributes to understanding how Indonesian medical personnel cope with the COVID-19 effects by employing coping strategies, and adds novel empirical contribution to scant research on Indonesian medical personnel and COVID-19 effects in an Indonesian context.Keywords: Coping Strategy, Stress, Nurses, Psychological Effect, Covid-19

FACTORS AFFECTING FROZEN FOOD PURCHASE INTENTION DURING THE COVID-19 OUTBREAKIN INDONESIA (CASE OF GREATER JAKARTA) David Hosanna Chianardi; Anggraeni Permatasari
Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship
Publisher : President University

In early 2020, the first case of CV19 was reported in Indonesia. Frozen food becomes a popular choice for someone who is looking for convenience and practical purpose during the pandemic. This paper aims to reveal the influence of perceived value, brand image, price fairness, product packaging, consumers’ lifestyle on frozen food purchase intention during CV19 in the Greater Jakarta area. This study used quantitative method with multiple regression analysis. An online questionnaire was distributed to respondents. The result from 154 respondents who have ever bought frozen food during CV19 was collected as the primary data. In the data collection process, the convenience and snowball sampling technique were utilized. For data analysis, the researcher used multiple regression analysis. The result shows that perceived value, product packaging, and consumers’ lifestyle significantly influence purchase intention towards frozen food during CV19. However, brand image and price fairness don’t influence purchase intention towards frozen food during CV19.Keywords: Purchase Intention, Perceived Value, Brand Image, Price Fairness, Product Packaging, Consumers’ Lifestyle, Covid-19 Pandemic.

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Maria Jacinta Arquisola

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icfbe@president.ac.id

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