Proceeding of the International Conference on Family Business and Entrepreneurship (ICFBF)
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.
Articles
244 Documents
<![CDATA[Innovation and development product based on the salt potential of Madura: Fortified Moringa Salt ]]>
<![CDATA[Iffan Maflahah]]>;
<![CDATA[Dian Farida Asfan]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of the 5th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v2i1.3568
<![CDATA[This study aims to identify the development process of fortified moringa salt based on Madura Island's potential. Analytical Hierarchy Process (AHP) methods used the commercialization strategy scenarios. SWOT analysis was used to select alternative strategies formulated. The results are moringa fortified salt product contains 87% NaCl, 11.88 µg/g vitamin C, 4.88 µg/g B-carotene, 3.6% water content, and 46.713 ppm antioxidant content so that it meets the requirements as health salt; the development of salt products is carried out by making a new product in moringa fortified salt for the upper-middle class and hypertension. The priority of the product commercialization strategy that is carried out is to open a new business, a joint system between farmers and business people or other related parties, and a drop selling system to increase salt farmers' revenue.]]>
<![CDATA[BUILDING ENTREPRENURIAL INTENTION AMONG BUSINESS STUDENTS AT GREATER JAKARTA ]]>
<![CDATA[Suresh Kumar]]>;
<![CDATA[Devi Aprilia]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v1i1.1379
<![CDATA[Purpose – The purpose of this paper is to explore the influence of entrepreneurship pedagogy roles towards change in attitude, change in perceived behavioral control, and change in the subjective norm in shaping entrepreneurial intention for the young generation to become entrepreneurs at their final year of study in Universities at Greater Jakarta.Design/methodology/approach – A survey instrument was distributed to some Greater Jakarta Universities students (Prasetya Mulia, Trisakti, Atma Jaya, Tarumanagara, and Pelita Harapan) and responses were collected in digital form. The analysis was performed on 204 responses using Structural Equation Modelling technique.Findings – The analysis revealed that the roles of entrepreneurship pedagogy towards change in attitude, change in perceived behavioral control, and change in subjective norm influence the intention of the final-year students to become an entrepreneur in Greater Jakarta.Keywords: Entrepreneurship Pedagogy, Entrepreneurial Attitudes, Perceived Behavioral Control, Subjective Norm, Entrepreneurial Intention.]]>
<![CDATA[Employee performance review of servant leadership and organizational commitment at the Samaya Seminyak Bali Hotel ]]>
<![CDATA[I Ketut Sirna]]>;
<![CDATA[Ni Putu Budihari Saputri]]>;
<![CDATA[I Nyoman Tingkes]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of the 5th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v2i1.3573
<![CDATA[This study aims to determine partially and simultaneously servant leadership and organizational commitment to employee performance at The Samaya Seminyak Bali. Proportional Random Sampling method, the number of samples is 51 employees. Data analysis using Validity Test, Reliability Test, Partial Correlation Analysis, Multiple Correlation Analysis, Multiple Linear Regression Analysis, Coefficient of Determination Test, the research shows that (1) servant leadership has a positive and significant effect on employee performance, with the results of regression analysis of X1 = 0.295, (2) organizational commitment has a positive and significant effect on employee performance, with the results of regression analysis of X2 = 0.593, (3) simultaneously servant leadership and organizational commitment have a positive and significant effect on employee performance, obtained multiple linear regression analysis of Y = 12.251+0.295X1+0.593X2, and the coefficient of determination shows 21.3%. Based on these results, it can be concluded that servant leadership and organizational commitment are very influential partially and simultaneously on employee performance at The Samaya Seminyak Bali.]]>
<![CDATA[FIRM SURVIVAL IN ENVIRONMENTAL TURBULENCE: DIGITAL STARTUP RESPONSE TO COVID-19 ]]>
<![CDATA[Achmad Farid]]>;
<![CDATA[Anton Wachidin Widjaja]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v1i1.1385
<![CDATA[The Covid-19 outbreak has resulted in changes and uncertainties in a dynamic business environment, which is indicated as Environmental Turbulence. The situation has an impact on the current performance of SMEs, including in the Greater Jakarta Area, Indonesia, where the startup population reaches more than 300 businesses. The purpose of this study is to investigate the indirect impact of Entrepreneurial Orientation (EO) as an antecedent and also the direct impact of Market Orientation (MO) and Digital Platform Capability (DPC) moderated by Environmental Turbulence on Firm survival which is one type of performance. No performance can be expected in this situation except for survival. Previous researches have shown that EO and MO can have a significant impact on performance in SMEs’ context. We try to combine EO and MO with DPC as one strategy that also enables Startup to survive in environmental turbulence. Regarding the objectives and research model, this research is a conceptual paper which the researcher will be proposing and will empirically validate the survey data for 120 Digital Startup in the Greater Jakarta Area, Indonesia with the SEM PLS method. This research is trying to give the literature contribution on how to digital startup can survive in environmental turbulence by analyzing the influence of EO, MO, and DPC on firm survival.Keywords: Entrepreneurial Orientation, Market Orientation, Digital Platform Capability, Firm Survival, Environmental Turbulence.]]>
<![CDATA[The analysis of sustainability index of the people’s salt industry in Pamekasan using multi dimension scaling ]]>
<![CDATA[Raden Faridz]]>;
<![CDATA[Holilah Holilah]]>;
<![CDATA[Millatul Ulya]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of the 5th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v2i1.3628
<![CDATA[This study aims to find out the dominant factors or the cause of failure in the salt industry and also to find out the value of the sustainability index of the people’s salt industry in Pamekasan. The analytical method used in this study is the analysis of sustainability status with the “sustainability index of salt” approach that resulted from Rapfish analysis to determine the sustainability status of the people's salt industry in Pamekasan. Based on the analysis result of the sustainability status with the sustainability index approach, it shows that the value of ecological dimension (66.09) in the category is quite sustainable, meanwhile the economic dimension (49,33), social dimension (47,06), technological dimension (43,41), and institutional and policy dimension (39,73). Each of the dimensions is classified as a less sustainable category. To improve the sustainability status of the people’s salt industry in Pamekasan, the improvements to the institutional and policy dimension must be the main priority in the management of people’s salt industry in Pamekasan. The priority of improvement is also determined by the value of leverage analysis. The highest value of the attribute on leverage analysis becomes the first attribute that must be improved, so the priority of improvement needs to be focused on people’s dependence on salt dike business, the role of farmers for business sustainability, and society’s empowerment. ]]>
<![CDATA[EXPECTANCY AND SALES PERSONNEL MOTIVATION TO CONTINUE WORK PERFORMANCE DURING THE COVID 19 PANDEMIC ]]>
<![CDATA[Luh Devany]]>;
<![CDATA[Maria Jacinta Arquisola]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v1i1.1390
<![CDATA[Declining level of public purchasing power affects several industries during the COVID- 19 pandemic. As one of the industries affected by the COVID-19, the decrease in sales performance felt by one of the telecommunication providers in Bali, Indonesia which has incurred loss in the first quarter of 2020. As a result, the sales personnel have experienced low level of motivation. The purpose of this study was to investigate howto motivate the sales personnel to continue work performance during the COVID-19 pandemic under the expectancy theory approach that consists of expectancy, instrumentality, and valence. The theory proposed if high level of efforts will lead to the attainment of high level of performances and high level of performances will be valued with desired outcomes in the future. Convenience sampling was used in this study. 110 respondents were collected and analyzed. The result shows simultaneous influences of independent variables toward dependent variable at p< .001 as the level of significance and the values of F= 69.493. This indicates that the sales personnel believe if theamount of effort given will be associated with the achievement of better performance and rewards. This study highlights the presence of expectancy variable which has a positive but not significant influence on motivation. This study suggests that expectancy variable should be increased while maintaining instrumentality and valence by setting realistic and achievable targets during the COVID-19 situation, providing necessary equipment and facilities to maximize skills and resources.Keywords: Expectancy, Instrumentality, Valence, Motivation, Sales personnel, Telecommunication, Indonesia]]>
<![CDATA[Factors affecting intention to use of online installment payment Paylater ]]>
<![CDATA[Ivonanda Nindya]]>;
<![CDATA[Rifelly Dewi Astuti]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of 6th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v3i1.3748
<![CDATA[Mobile wallets do offer a variety of attractive features and offers, for example a payment method that users can choose from, such as installment payment called paylater. In recent years, internet-based installment methods have become increasingly popular with users of e-commerce and services on mobile devices Currently in Indonesia there are several digital wallet companies that provide paylater payment features such as Shopeepay, OVO, and Go-pay. Both manufacturing and financial services develop technological innovations not only to provide benefits for their consumers, but also to expand their business fields. In other words, the benefits of mobile payment services (MPs) are not only to provide added value for consumers but also to provide marketers with wider access to consumer consumption data on mobile platforms. Therefore, it is important to look at the process that takes place before consumers adopt the use of paylater as a payment method. This research will be entered into a descriptive study using a cross-sectional study to answer research questions. This study aims to identify factors that influence usage intention of paylater services through a model from the diffusion of innovation theory and obtained answers from 211 respondents through online questionnaires. Results revealed that compatibility and trialability were positively associated with participants’ intention to use paylater. However, low complexity had no association with participants’ intentions to use paylater.]]>
<![CDATA[THE EFFECT OF DIVIDEND POLICY DETERMINANTS WITH SIZE AS A MODERATING VARIABLES IN LQ45 COMPANIES REGISTERED INDONESIAN STOCK EXCHANGE ]]>
<![CDATA[Marlina Widiyanti]]>;
<![CDATA[Taufik Taufik]]>;
<![CDATA[Isni Andriana]]>;
<![CDATA[Kemas Muhammad Husni Thamrin]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2021: Proceeding of the 4th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v1i1.1395
<![CDATA[Dividend policy is of concern to many parties such as shareholders, creditors, and other external parties who have an interest in the information issued by the company. This study aims to analyze the determinants of dividend payout ratio, which is proxied by variables, profitability (ROE), liquidity (CR) and company size (size) as moderating variables in LQ45 companies listed on the Indonesian stock exchange. The population this study were all LQ-45 companies for the period 2016-2018. The sample was determined based on the purposive sampling method so that a sample of 19 companies obtained. The results of this study indicate that return on equity (ROE), current ratio (CR) have positive and significant effect on dividend policy (dividend payout ratio). The MRA test shows that firm size as a moderating variable can influence the relationship between profitability (ROE)and liquidity (CR) on dividend policy (DPR). The results of this study are also in line with the signaling theory which states that companies that pay high dividends will be positive signal for investors because they think the company will experience profits in the future and as an implication of this study the more liquid the company will be, the more internal funds it will receive.Keywords: Dividend Policy, Profitability, Liquidity, and Size (Company Size)]]>
<![CDATA[Experiences women SME entrepreneurs during Covid 19: a case in Indonesia ]]>
<![CDATA[Agus Fernando]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of 6th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v3i1.3756
<![CDATA[COVID-19 has impacted the business journey of SMEs worldwide and in Indonesia, where most of the economy is driven by SMEs. This article aims to construct an understanding of the impact created by the COVID-19 crisis. The author focuses on the capabilities and tendencies of women SME entrepreneurs in continuing their business. This research used the descriptive method with quantitative and qualitative approaches. The research was conducted in Bogor Regency, with a sample of 60 women SME entrepreneurs. Data was collected through respondents who were asked multiple-choice and open-ended questions when completing the survey. The study's findings include the resiliency of women SME entrepreneurs, their enthusiasm to contribute to the community during COVID 19, and their desire to seek and accept help from their colleagues. Furthermore, the author presents statistics describing women SME entrepreneurs, their experiences during COVID 19, and their actions to continue their entrepreneurial journey. The findings of this study shed fresh light on the resources and methods employed by women SME owners during COVID 19. The information was gathered at times of significant uncertainty for the entrepreneurs and when their availability was highly constrained.]]>
<![CDATA[The effect of virtual events implementations towards behavioural intention of millennials and z generation in Indonesia ]]>
<![CDATA[Radissa Maharani]]>;
<![CDATA[Nurdin Sobari]]>
<![CDATA[ Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of 6th International Conference on Family Business and Entrepreneurship ]]>
Publisher : <![CDATA[President University ]]>
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DOI: 10.33021/icfbe.v3i1.3761
<![CDATA[To increase the productivity of the business event industry, event holders who have experienced restrictions during the first wave of the COVID-19 pandemic have decided to shift all types of activities onto the digital field. This paper was made to examine the meaning behind the shifting of virtual events and the impact it made on the Millennials and Z generations’ behavioral intention in Indonesia. Considering the level of interest and susceptibility to technology, it can be assumed that the millennials and Z generations are superior to other generations in this matter. This paper focused on the importance of online event communication, engagement, interaction, and its relation to online event experiences, which may affect consumer satisfaction that leads to consumer behavior. The model in this paper uses samples of 230 respondents of Millennials and Z Generations in Indonesia that have attended virtual (online) events in the last three years. Structural equation modeling is used to analyze the data. The results show a positive relationship between Online Consumer-to-Consumer Interaction, Online Content Engagement, and Effective Communication to Online Event Experiences that affects Visitor Satisfaction. So that visitors of virtual events have positive Behavioral Intentions toward the virtual event. The findings of this paper may anticipate the future of implementing virtual events in any business-related industries, more so in the tourism business industry in Indonesia.]]>
