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Proceeding of the International Conference on Family Business and Entrepreneurship (ICFBF)
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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FACTORS AFFECTING THE SUSTAINABILITY OF FAMILY BUSINESSES IN SOCCSKSARGEN, PHILIPPINES Duga, April Kristine A.
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5646

Abstract

Family business is one the driving forces behind the continuous economic success of the SOCCSKSARGEN region.  The purpose of this study is to determine the factors that affect the sustainability of the family business, and to determine what moderates the sustainability of the family business in the five cities of SOCCSKSARGEN, a region in Southern Philippines.  The sustainable family business model and Elkington’s Triple Bottom Line Model served as a strong foundation in formulating the framework that incorporates social, environmental, and financial aspect used to peruse the sustainability of family business. This study used descriptive and multivariate statistical techniques.  It empirically explored the family businesses in the region across all industries in terms of the profile of the family business and its managing owner.  The study unraveled the perception of the family business owners on the sustainability of their family business. The multiple regression analysis was utilized in the data analysis.  The data culled through a survey questionnaire from respondents limited only to the sole proprietorship family businesses operating for at least 10 years as listed in the Office of Permit and Licensing Department or Business Bureau.  The findings of the study revealed that innovation, financial management, organizational culture and values, and competitive advantage significantly influence sustainability of the family businesses in SOCCSKSARGEN region.  The result of this study sheds new light on to the business industry, specifically to the family business owners and its successors as a good reference for sustaining their family business over the next generations.
WORK OR WAIT? EMPLOYMENT DECISIONS VERSUS LICENSURE PURSUITS AMONG BSA STUDENTS Borres, Angel F; Cartujano, Kezia Faye; Delfin, Sandra Leah; Llanera, Denmark L
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5663

Abstract

For many students, navigating the transition from academic life to a professional career involves crucial decisions. The dilemma on choice is between immediate employment or pursuing a professional license after graduation which surely generates significant impact in terms of career pathing, profits and earnings, as well as personal growth and development. This study sought to explore the factors that influence the choices of 3rd and 4th year BS Accountancy students from Colegio de la Purisima Concepcion with regard to their employment decisions and licensure pursuits, whether to work or to wait? To best investigate the decision-making process, the study employed quantitative approach using a descriptive and correlational research designs. The validated and pilot-tested researcher-made survey questionnaires were distributed to a randomly sampled 113 from a total population of 156 students, using Yamane’s formula. Bourley’s proportional allocation technique was also employed ensure proportional data. The results revealed that financial standing and greater earning potential were major factors that highly influenced the students’ employment decisions and pursuits of licensure.  It also showed a significant relationship between the level of employment decisions and the degree of licensure pursuits. The findings of the study may then serve as a fundamental basis for BS Accountancy students to carefully consider numerous factors to make informed career decisions.
Organizational Stress Among West Visayas State University - Lambunao Campus Personnel: Basis for Stress Management Program Dimo, Sherina D; Bunda, Rhea A
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5682

Abstract

This study aimed to determine the level of organizational stress among personnel at West Visayas State University - Lambunao Campus. A total of 61 respondents were conveniently selected with their consent to participate in the study. An adapted and modified survey questionnaire was utilized to assess the participants' organizational stress levels in four key areas: task demand, physical demand, role demand, and interpersonal demand. Additionally,the study examined differences in stress levels when grouped according to personal-related factors. The research employed a descriptive-survey design, utilizing statistical tools such as frequency, mean, Kruskal-Wallis H Test, and Mann-Whitney U Test for data analysis.The findings revealed that the personnel experienced a moderately high level of organizational stress in task demands, physical demands, and role demands, while a low level of stress was observed in interpersonal demands when analyzed by personal-related factors. Furthermore, the study identified that marital status, monthly income, length of service, position for staff, and additional assignments for faculty were associated with higher levels of stress in terms of task and physical demands. This suggests that faculty and staff with heavier workloads or increased responsibilities are more likely to experience higher stress levels compared to those with fewer responsibilities. The results also indicate that higher levels of demand, a sub-component of stress, can lead to decreased work performance.
DEVELOPMENT AND ACCEPTABILITY OF JAM FROM YAM WITH CABBAGE (BRASSICA oleracea) AND LIME (CITRUS microcarpa) Botin, Rian Louie B.
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5698

Abstract

The study produced jam that was combined with cabbage and calamansi juice. It calculated the amount of ingredients needed to make jam (10g calamansi juice and 15g chopped cabbage), as well as the product's acceptability in terms of appearance, aroma, taste, and texture. The items came from three treatments: Control (Treatment 1), 10g of calamansi juice in Treatment 2, and 10g of calamansi juice and 15g of chopped cabbage in Treatment 3. The t-test and ANOVA (Analysis of Variance) were used to analyze the data in order to find the treatment differences that were statistically significant. Experts' sensory evaluation of T1-Jam (Control), T2-Jam with calamansi juice, and T3-Jam with calamansi juice & Cabbage compared to T1-Jam (Control) showed that all three treatments had somewhat similar adjectival descriptions, despite differences in their means. Regarding T2-Jam with Calamansi Juice, it outperformed the other two treatments in terms of mean scores for appearance, aroma, and texture; however, texture received a lower score than the mean for all three quality attributes. Treatment 2 had the highest overall mean among the quality attributes, while treatment 3 had the lowest. When the acceptability of the jam was tested in three different treatments, treatment 3 had the lowest acceptability, while the jam with calamansi juice had the highest acceptability. The sensory evaluation conducted by experts taking gender into account revealed a significant difference in the treatments given to males and females in terms of the appearance, aroma, and taste of the jam made with calamansi juice and the jam made with calamansi juice and cabbage. Age differences could be seen in the appearance of T1—jam (control) and T3—jam with calamansi juice and cabbage. T1 - jam (Control) and T3 - jam with calamansi juice & cabbage differed from each other in terms of aroma, and T3 was clearly different in terms of texture. The sensory evaluation of experts based on income results revealed a significant difference in the quality of the jam. T1 - jam (control) and T3 - jam with calamansi juice & cabbage - had different appearances and aromas. There was a taste difference between T2-jam with calamansi juice and T3-jam with calamansi juice & cabbage; however, there was only a texture difference between the two jams. The sensory evaluation of experts on the quality of the jam revealed a significant difference in texture and aroma between T3 - Jam with calamansi juice & cabbage and T1 - Jam (Control). The results showed that there was a difference in appearance between T2 (jam with calamansi juice) and T3 (jam with calamansi juice and cabbage), as well as between the two groups overall. Age-related differences in taste were noticeable between T2-jam with calamansi juice and T3-jam with calamansi juice and cabbage. When comparing the acceptability of products based on income between treatments, the appearance, aroma, and texture of treatment 2 (jam made with calamansi juice) showed a significant difference. Treatment 2 (jam with calamansi juice) and Treatment 3 (jam with calamansi juice & cabbage according to taste) both showed variation. Overall, there was a noticeable difference in the products' quality attributes between Treatment 1-Jam (Control) and Treatment 2-Jam with calamansi juice. Similar differences were observed in the appearance, taste, aroma, and texture of the jam with calamansi juice and cabbage compared to the jam (control).
Sustainability and Resiliency Dimensions of Go Public Companies: The Role of Audit Report Lag and Earning Volatility in Impacting The Earning Quality Oktapriana, Chita; Reyes, Mila Austria
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5714

Abstract

The information needs of stakeholders in today's business world do not only depend on financial statements alone. There is a global push for sustainability disclosures and the durability of companies can be shown through sustainability reports. One of the important elements that can positively encourage corporate sustainability can be measured through the quality dimension of earnings.The length of time that separates the management cutoff from the audit report issuance response might have an impact on the financial statements' quality, particularly in regards to the reported earning quality.For companies that have gone public, higher disclosure quality will provide a positive signal to investors that the operations carried out are able to show resilience that leads to sustainability in the future. Earning quality in this study will be measured through the level of earning smoothness, earning surprice, closeness to cash and accrual quality.  Additionally, the impact on earning quality will be greater if the organization has a larger earning volatility ratio. The purpose of this study is to investigate how the company's earning quality is impacted by earning volatility and audit report latency. With a total of 170 data, this study employs a linear regression test via the SPSS 26 test tool. The hypothesis test results show that the earning volatility ratio and earning quality have a significant relationship. Earning quality is significantly impacted by both earning volatility and audit report lag at the same time.
NAVIGATING UNCERTAINTY: PROMOTING INDONESIAN FAMILY BUSINESSES THROUGH TIKTOK AS A SOCIAL COMMERCE PLATFORM Syahrivar, Jhanghiz; Rozy, Ryo Fadhlur; Chairy, Chairy
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5600

Abstract

Family businesses, especially those that fall under the small and medium-sized enterprise (SME) classification, play a crucial role in numerous countries worldwide by fostering regional growth, driving innovation, and creating employment opportunities, all of which positively impact the national economy. The rapid advancements in the digital era have enabled family business practitioners to leverage digital sophistication to expand their businesses amidst political and economic uncertainties. This study aims to understand the motivations behind Indonesian family businesses' choice of TikTok as a social commerce platform and to explore their online promotional strategies utilizing this platform. Employing a qualitative approach, the research delves into why and how family businesses in Indonesia utilize TikTok for their marketing efforts. The findings reveal several factors that make TikTok an advantageous platform for family businesses. Firstly, TikTok is recognized as the most popular social media platform in Indonesia, making it a highly effective tool for attracting potential customers. Secondly, despite the technical challenges associated with digital platforms, TikTok is perceived as user-friendly. Thirdly, TikTok provides unique features that distinguish it from other social media platforms. Fourthly, TikTok is regarded as a cost-effective means of business promotion. Lastly, TikTok enhances customer engagement. Additionally, this paper examines various online promotional strategies employed by local family businesses on TikTok. The study provides valuable managerial insights for family business practitioners.
EFFECTS OF STAR APPLE (Chrysophyllum cainito) FRUIT AND PEEL EXTRACT USING BRINE SHRIMP (Artemia salina) LETHALITY ASSAY Delay, John Michael; Villaraiz, Irish Kaitlyn; Anisco, April A; Frio, Elena F
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5658

Abstract

The main objectives of the study were to determine the cytotoxic activity of star apple (Chrysophyllum cainito) fruit extract and peel extract using brine shrimp (Artemia salina) effects assay. This study is limited to determine the anticancer potential of the different concentration of star apple (Chrysophyllum cainito) fruit extract and peel extract against the mortality rate of brine shrimp (Artemia salina). Using brine shrimp brine shrimp, the lethal concentration (LC) of a plant extract that results in 50% mortality (LC ₅₀) is measured. Three treatments were prepared (Treatment A – 10 mL star apple (Chrysophyllum cainito) fruit extract, Treatment B – 10 mL star apple (Chrysophyllum cainito) peel extract, Treatment C (Control) – 10 mL Distilled water) with three replicates. Ten brine shrimps were tested for their mortality rate and were recorded after 15, 30, 45, and 60 minutes of application. The different concentration of star apple (Chrysophyllum cainito) fruit extract and peel extract does not have anticancer potential based on the mortality of brine shrimp (Artemia salina) brine shrimp.
BUSINESS FEASIBILITY STUDY OF BLISSFUL ICE CREAM Fadilah, Nanda Nur; Sutedjo, Sonny V
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5676

Abstract

Ice cream is one type of frozen food that is widely favored by various groups. Therefreshing sensation given is very suitable to be enjoyed, especially in hot weather like inIndonesia, which is a tropical country with two seasons, namely dry season and rainyseason. In this case, Blissful Ice Cream will conduct a business analysis related to BlissfulIce Cream's business opportunities by conducting PESTLE analysis, five force analysis,BMC analysis, strategic marketing mix, and financial planning. Blissful Ice Cream is anice cream that uses coconut milk as the main ingredient to produce a distinctive taste andtexture combined with various variants, which certainly add to the taste of Blissful IceCream. So, this is a special attraction for Blissful Ice Cream compared to its competitors.In addition, in the financial aspect, the capital used in Blissful Ice Cream is IDR483.000.000. In addition, Blissful Ice Cream's NPV shows a positive value of IDR233.441.163 with a payback period of 4 years and 6 months.Keywords: Ice Cream, Business Analysis, Marketing Mix, Financial Planning
WRIST WEIGHTS FOR FITNESS OF BADMINTON PLAYERS P. Nufable, Belenda
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5693

Abstract

This descriptive-experimental study sought to determine the effectiveness of wrist weights on the thirty (30) purposely chosen respondents from the WVSU Pototan Campus in terms of muscular strength, flexibility, muscular endurance, and power. In addition, the accuracy of shuttle cock landing for both high and low serves across the court was investigated. To ascertain whether there was a significant difference in the participant’s level of fitness before and after using wrist weights and the accuracy of shuttle cock landing in cross-court for both high and low serve. Quasai-experemental method was employed, the data were gathered, and analyzed using the mean, standard deviation, frequency, and t-test. High muscular strength, with low flexibility were found in the study, however, muscular endurance and power got very high results. Both high and low serve exhibited very effective accuracy for shuttle cock landings. The level of fitness of the articiants showed significant differences in terms of muscular strength, flexibility, muscular endurance, and power. Similarly, the accuracy of shuttle cock landing for both high and low serve showed a noticeable difference. It was suggested that additional research be done in this direction utilizing different parameters and variables to verify the accuracy of the study’s findings.
DEVELOPMENT OF PRACTICAL DIETS FOR THE GROWTH AND SURVIVAL OF THE NILE TILAPIA (OREOCHROMIS NILOTICUS) Basa, Gerard Amcil D.; Frio, Elena F.
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5709

Abstract

In order to stabilize the price and supply of tilapia, improve the diet of tilapia, and save the livelihood of farmers across the nation, it is urgent to address the dependence on fish-based feed. The objective of this study is to create workable diets for Nile tilapia that reduce their reliance on fish-based products and find alternative sources of protein, while also fattening and enhancing growth development. This study aimed to answer the following questions, if the developed feed is effective in improving the growth of the Nile tilapia (Oreochromis niloticus) in terms of length and mass, which among the three treatments are the most effective in improving growth, and if there is a significant difference between treatments. To test the hypothesis that the feed developed from this study is effective in improving the growth of the Nile tilapia (Oreochromis niloticus) in terms of length and mass, an experiment was conducted, different treatments were made and applied to the tilapia, it is comprised of three treatments, treatment A with 66.7% (66.7g) golden apple snail, 10.65% (10.65g) Azolla (Azolla pinnata), 22.67% (22.67g) rice bran, treatment B with 66.6% (66.6g) golden apple snail, 10.3% (10.3g) kangkong (Ipomoea aquatica), 23.1% (23.1g)rice bran and treatment C fish feed (100g). The treatments were applied for 30 days. The results acquired were analyzed using one-way ANOVA in the SPSS software. The findings show that treatment B is the most effective treatment, but the three treatments have no significant difference in terms of mass and length.

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