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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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Role of digital platform, network capability and organizational readiness to reinforce innovation in the pandemic era Gege Raharjo; Avanti Fontana
Proceeding of the International Conference on Family Business and Entrepreneurship 2022: Proceeding of 6th International Conference on Family Business and Entrepreneurship
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v3i1.3791

Digital consumption is now a new lifestyle. Sixty million consumers who have just joined since the pandemic will remain, with nine out of ten consumers who tried new digital services in 2020 and will continue to use the service. Forty million new Internet users in 2021 will increase digital penetration in Southeast Asia by 75%, and eight out of ten of these users have bought something online at least once. This shows the enormous potential of the digital economy in Southeast Asia, and Indonesia is no exception. In the era of new technological advancements, it is not surprising that sophisticated information systems facilitate organizational innovations to achieve a competitive and collaborative advantage. It will remain a major topic of interest for researchers and practitioners. The business world is increasingly adopting information technology (IT) and digital business. Therefore, the role of IT in business is particularly important in the digital economy to achieve innovation. One of the most key factors of digital technology and the innovation process is the emergence of digital platforms at the heart of innovation. The development of digital platforms has shifted the focus of value creation from linear inter-organizational relationships toward interconnected networks. A study by Larsen and Roberts in 1971 noted that about 90% of ideas generated failed for implementation. This study seeks to address the roles of digital platform capabilities in improving or increasing the innovation performance of established companies.

Influence of celebrity endorsement on intention to vote in presidential election in Indonesia Ahmad Kevin Prawira; Chairy Chairy
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 aim of this research specifically discusses the impact of celebrity endorsement on the intention to vote among voters in the presidential election in Indonesia. The source credibility model is adopted as the theoretical framework. In the study, the model is modified by adding variable celebrity familiarity and celebrity likeability on attitude toward celebrity endorsement and intention to vote. This study uses the quantitative method. The primary data collection technique was carried out through a survey with a questionnaire as a research instrument. The population is Indonesian citizens entitled to become voters in the 2024 presidential election. The data was collected from 140 respondents and analyzed with a partial least square (PLS)-structural equation model (SEM). The findings of this empirical study illustrate that celebrity trustworthiness, celebrity expertise, and celebrity familiarity have a significant impact on the intention to vote indirectly through attitude toward celebrity endorsement. The variable that has a more positive impact on intention to vote is celebrity familiarity compared to celebrity trustworthiness and celebrity expertise. Findings from this research are expected to enrich the literature about political marketing on the celebrity endorsement approach. The managerial implication that can be applied by politicians and campaign team is using celebrity endorser that is trusted, has the expertise, and are known well in the presidential campaign.

The impact of Covid-19 and government policies on the liquidity of Indonesia Stock Exchange I Gde Reza Rizky Margana; Buddi Wibowo
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

Generally, the main characteristics of emerging markets are low transparency, and the investors in emerging markets are more likely to be short-term oriented, where short-term investors are usually concerned about the liquidity of securities they will trade. These may imply liquidity has important role in emerging markets than in developed markets. Empirical studies have confirmed sporting events, exceptional events, political events, social media content, natural disasters, and religious events may affect the liquidities of capital market. This study aims to identify the effect of Covid-19 and government policies on the liquidity of the Indonesia Stock Exchange. Measurement of liquidity in this study using Amihud Illiquidity. The sample of this research is all stocks listed on the Indonesia Stock Exchange for the period 02 March – 02 June 2020. The results of this study indicate that the independent variables simultaneously affect the liquidity of the emerging stock market of the Indonesia Stock Exchange, while the independent variables that partially affect the liquidity of the Indonesia Stock Exchange are restrictions on the activities of educational institutions, restrictions on workplace activities, control of international travel, transaction volume, and BI rate.

CHALLENGES OF DIGITALIZATION OF SMES (CASE STUDY IN TRADITIONAL CRAFTSMEN IN TASIKMALAYA) Pandu Adi Cakranegara; Sujana Donandi Sinuraya; Dedi Rianto Rahadi
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 Internet not only provides advancesin technology, but more than that the internet connects individuals. In Indonesia today there are several large startups that utilize the power of ecomony sharing starting from Gojek, Tokopedia, Bukalapak and many other startups. Go Jek not only brings together a vehicle owner with people who need to travel but also brings together a food vendor with people who want to order food. The same goes for Tokopedia and Open Lapak which have helped small retailers own online stores. Not to mention social media which provides an opportunity for small entrepreneurs to be able to promote their trade. The question of this research is why with all the progress and facilities available it is still difficult for SMEs to take advantage of all these facilities? This research consists of several parts. The first part of this study examines how the internet affects the fairies of life in Indonesia. The second part is that this research discusses how ideally a business utilizes internet technology. And the third part of this study talks about why there is a difference in the field between the use of the internet and the potential it should be. Keywords: Internet, SMEs, digitization, social media marketing

Impact of social media usage on sustainable performance of SMEs: The role of digital leadership, innovation capabilities and organizational commitment Yasin Awwab; Avanti Fontana
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 development of the world of technology has made the increasing use of social media in carrying out the operational role of small and medium-sized businesses (SMEs) as well as has triggered a major transformation in the role of corporate social technology in SMEs. Social media is often used in companies for work and non-work purposes, which is then influenced by the existing digital leadership. Existing research on the use of social media, innovation capabilities, organizational commitment and performance generated by SMEs, and the role of digital leadership is quite sparse, especially in research in developing countries. This study explores the relationship between the use of social media and the role of digital leadership on innovation capabilities and organizational commitment to improving the sustainable performance of SMEs. To do this, a total of 127 samples of survey results were obtained from managers who manage SMEs in Indonesia. This study uses Partial least squares structural equation modeling (PLS-SEM), with results showing that the use of social media moderated by digital leadership can increase innovation which then affects the sustainable performance of SMEs. This study outlines the theoretical contributions and practical implications.

Lockdown policy and its impact on employee termination and restaurant sustainability in Indonesia and European countries Nurianna Thoha; Burhanudin Burhanudin; Marko Sebira Hermawan; Levi Fernanda Aditya
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 research investigates employee termination decisions and the impact on restaurants’ sustainability during the COVID-19 pandemic. Restaurants in Indonesia, Germany, and the Netherlands have been affected by the lockdown policy that led to job cuts and termination of restaurants’ employees in those three counties. Therefore, the restaurant owners must cope with the lockdown situation in their country and find the best strategy to survive. This research is qualitative research that was conducted by using in depth semi-structured interviews to collect data from twelve interviewees who are working in three restaurants in Indonesia, and one restaurant each in Germany and the Netherlands. Due to the distance and the pandemic, most of the interviews were conducted online. All restaurants in this research are included in the casual restaurant category. This research found several factors of the termination process of the restaurant employees were included in the employee performance and employee enforcement factors. This research also discovered a relationship between the dismissal process and the sustainability of the restaurants during the COVID-19 pandemic that varied greatly among the three countries: Indonesia, Germany, and the Netherlands. The factors that influenced the restaurants’ sustainability included restaurant profit, government regulations, and the ways the restaurants’ owners or management navigated the pandemic effects. The results of this study will be useful to provide insight for businesses in the field of food and beverages, especially for restaurants during the COVID-19 pandemic.

PREDICTING THE BEHAVIORAL INTENTION TO USE MOBILE PAYMENT IN AN EMERGING COUNTRY: THE ROLE OF TRUST AS A MEDIATING VARIABLE Hanif Adinugroho Widyanto; Kunthi Afrilinda Kusumawardani
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 objective of this research was to analyze the predicting factors of Behavioral Intention to use a mobile payment service in an emerging country, namely Performance Expectancy, Effort Expectancy, Social Influence, Trust, and Perceived Security. The respondents in this study were limited to the users of LinkAja, one of the largest Indonesian mobile payment services, who lived in the Greater Jakarta (Jabodetabek) area. The data collected in this research (n=144) were examined using a quantitative method with structural equation modeling analysis using partial least squares (PLS-SEM) technique. In the end, there were seven out of ten hypotheses in the present study which was supported by the data. The results of this study also exhibited the strategic importance of trust as a mediating construct in this study. The adjusted coefficient of determination for Behavioral Intention was 67.7%, suggesting a moderate-to-substantial in-sample predictive power. This research also offered a few managerial implications for LinkAja and the mobile payment industry in Indonesia. Keyword: Mobile Payment, Behavioral Intention, Performance Expectancy, Effort Expectancy, Social Influence

EXPERENTIAL MARKETING AND SERVICE QUALITY ON WOM RECCOMENDATION THROUGH SATISFACTION AS MEDIATION VARIABLE OF RUDANA MUSEUM,BALI Erny Hutabarat; Eriq Suweta
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 purpose of this study was to determine the influence of experiential marketing and service quality towards the WOM recommendation with satisfaction as variables of mediation at the Sangiran Museum Sragen visitors. The population in this study is the visitor Rudana museum. Sampling technique using purposive sampling and obtained a sample of 200 respondents who had visited for the second times or more. This research variable uses three variables of dependent variable, independent variable, and mediation variable. For the dependent variable(Y) of this study is the wom recommendation. For independent variables include: experiential marketing (X1) and service quality (X2) and mediation variables are satisfaction (Z). The method is used quantitative research method with 200 respondents; data were collected and analyzed using SPSS and SmartPLS 3.2.8. The results indicated that (1) experiential marketing has an effect on satisfaction; (2) the service quality has an effect on the satisfaction; (3) satisfaction effect on recommendation; (4) experiential marketing has an effect on the recommendation; (5) service quality service has no direct effect on the wom recommendation;(6) experiential marketing and service quality has an effect on recommendations with satisfaction as mediation variables.Keywords: Experiential Marketing, Service Quality, Satisfaction, WOM Recommendation

Capital structure, liquidity, and firm size impact on profitability of mining industry in Indonesia Chandra Setiawan; Nemisia Freitas de Jesus Pereira
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

The aim of this research is specifically for measuring the impact of capital structure, liquidity, and firm size on mining industry profitability in Indonesia, both partially and simultaneously. There are five independent variables within this study that are examined by descriptive statistical analysis, classical assumption test, multiple linear regression, and hypothesis testing. In order to select the observation data, purposive sampling method and panel data were used. Adopting quantitative research, there are 119 observation data from 17 samples within the period of 2013 to 2019. Financial ratios used in this study are Debt-to-equity Ratio, Short-term Debt to Asset ratio, Long-term Debt to Asset ratio, Current Ratio, Firm Size, and Return on Equity. DER, STDA, and LTDA are used as the measurement for capital structure, CR as the proxy of liquidity, and FIRMSIZE. Meanwhile, the proxy of profitability is Return on Equity (ROE) which is the dependent variable in this study. The findings of the study reveal that DER, LTDA, and Firm Size all have a significant impact on ROE. On the other hands, STDA and CR do not have a significant effect toward ROE. The most significant independent variable toward ROE is DER.

THE EFFECT OF INNOVATION AND ENTREPRENEURIAL INTENTION TO FIRM PERFORMANCE Suresh Kumar; Mei Andriani
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 purpose of this research is to measure the effect of entrepreneurial orientation and the types of innovation (product, process, marketing) to the firm performance. Little attention, however, has been given to the possible impact of various dimensions of innovation on firm performance. To achieve this purpose, the authors evaluate the impact of entrepreneurial orientation and the types of innovation on the performance of small and medium enterprises (SMEs). This study applied a quantitative design. The questionnaires were distributed manually and digitally to 236 workers who work in the smalland medium enterprises (SME) in Jababeka,Cikarangarea–Indonesia. The data were analyzed using a hierarchical regression analysis. The findings confirmed the hypothesis that entrepreneurial orientation and type of innovation influenced firm performance significantly.Keywords: Innovation, entrepreneurial orientation, firm performance, SMEs, Indonesia.

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Maria Jacinta Arquisola

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Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name Maria Jacinta Arquisola

Contact Email icfbe@president.ac.id

Phone -

Journal Mail Official mjarquisola@president.ac.id

Editorial Address http://e-journal.president.ac.id/presunivojs/index.php/ICFBE/about/editorialTeam

Location Kota bekasi, Jawa barat INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Contact Name
Maria Jacinta Arquisola

Contact Email
icfbe@president.ac.id

Phone
-

Journal Mail Official
mjarquisola@president.ac.id

Editorial Address
http://e-journal.president.ac.id/presunivojs/index.php/ICFBE/about/editorialTeam

Location
Kota bekasi,

Jawa barat

INDONESIA