cover
Contact Name
Ryzal Perdana
Contact Email
ryzalperdana2009@gmail.com
Phone
+6285783409634
Journal Mail Official
contact@lighthouse-pub.com
Editorial Address
BKP Office and Residence S138, Bandar Lampung City, Indonesia.
Location
Kota bandar lampung,
Lampung
INDONESIA
Asian Journal of Economics and Business Management
ISSN : -     EISSN : 29617006     DOI : https://doi.org/10.53402/ajebm
Core Subject : Economy, Social,
The Asian Journal of Economics and Business Management is an international peer-reviewed journal that publishes articles in the fields of Economics and Business
Articles 86 Documents
The effect of organizational justice and employee satisfaction: A bibliometric analysis of the literature
Asian Journal of Economics and Business Management Vol. 1 No. 3 (2022): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v1i3.245

Abstract

Organizational justice has a benchmark for a person's feelings from the results of an employee's assessment of an organization, this is related to making organizational decisions to become an important element for the workers by involving decision-making regarding policies and regulations in the organization. This may give an immediate impression of the needs of labor organizations in terms of the roles of workers. The purpose of this research is to provide an assessment of the relationship between organizational justice and employee satisfaction as a related one. The level of employee satisfaction is positively or negatively affected because the perception of organizational justice is felt directly by employees who are treated fairly in the workplace. Job satisfaction is positively motivated by work as such. The concept of organizational justice and satisfaction becomes an important factor when the interests of human resources are taken into account in the business environment. The purpose of this study was to measure the effect of organizational justice on individual employee satisfaction within the organization. The concepts of organizational justice and job satisfaction have important preparations for an organization to achieve them. Articles were taken from the Publish or Perish database, with a total of 200 articles found in the period 2018-2023 that were analyzed. Then the researcher grouped and visualized using the VOS viewer application to be able to identify the data that had been collected. This literature study provides an appropriate meeting point regarding the themes of organizational justice and employee satisfaction at the academic level.
Comparative Analysis of Financial Performance in Banking Companies in ASEAN-5 Countries before and during the Covid-19 Pandemic
Asian Journal of Economics and Business Management Vol. 1 No. 3 (2022): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v1i3.246

Abstract

The Covid-19 pandemic had a very bad impact on the world economy, which caused global economic growth to experience a decline of 3%, while developing countries were the hardest hit, with an average economic decline of 4%, some even more than 6.5 %. This study aims to analyze the financial performance of banks in ASEAN-5 countries between before and during the Covid-19 Pandemic. The method of comparing banking financial performance is by using the CAMEL method with a research sample of banking sub-sector companies listed on the stock exchange in each ASEAN-5 country. The results showed that there were significant differences in banking performance in ASEAN-5 countries, where two variables, namely the non-performing loan and operational efficiency ratio variable as a proxy for Assets and Earnings respectively did not have a significant difference. In general, the difference in bank health performance was due to the Covid-19 pandemic; many banks implemented policies that were adaptive to developments in the Covid-19 case, such as credit restructuring. On the other hand, the risk of bad credit has also increased due to the economic recession which has caused people to be unable to finance their obligations.
The influence of website design, e-service quality, and e-recovery service quality of Lampung ecotourism on visitor satisfaction
Asian Journal of Economics and Business Management Vol. 1 No. 3 (2022): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v1i3.251

Abstract

The most crucial factor is that tourism managers must be able to adapt to technological advances, which must make it easier for tourists or visitors to access or make transactions if tourists are going to travel to tourist areas. Given how strategic the tourism sector is, it can become a new model and strategy in national economic development, accompanied by digitalizing services to make it easier for consumers or tourists. This study intends to show the Effect of Website Design, E-Service Quality, and E-Recovery Service Quality Ecotourism Lampung on Visitor Satisfaction in Kiluan Bay and Pahawang Island. The research background is because many ecotourism areas are starting to adapt to increasingly rapid technological developments. However, differences do not match this in the design, good electronic services, and services when problems occur in electronic services. This study uses a quantitative research method with a correlational approach. Methods of data collection are done by distributing questionnaires and documentation. There are two research instrument testing methods, namely validity and reliability tests. The data analysis method is the Correlation Test and Multiple Linear Regression Analysis. The results showed a significant effect of Website Design, E-Service Quality, and E-Recovery Service Quality on Visitor Satisfaction, which was 0.245, and the coefficient of determination (R Square) was 0.090. It can be concluded that the Effect of Website Design, E-Service Quality, E-Recovery Service Quality Ecotourism Lampung on Visitor Satisfaction in Kiluan Bay and Pahawang Island is in a Low category.
Effect of intellectual capital and leverage on firm value in pharmaceutical companies listed on Indonesia Stock Exchange
Asian Journal of Economics and Business Management Vol. 1 No. 3 (2022): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v1i3.210

Abstract

Technological advances and industrial developments have increased business competition. This forces companies to change their systems into knowledge-based businesses that will improve resource management efficiently and provide the ability to compete so as to create value for the company. Currently, people are paying more and more attention to health, so the pharmaceutical industry has great potential to attract investors to invest. This study uses intellectual capital proxied by VACA, VAHU, STVA, VAIC, and leverage proxied by DER as the independent variable, and firm value proxied by Tobin’s Q as the dependent variable. The research method uses a quantitative approach with the 2015-2021 research period. Methods of data analysis using multiple linear regression analysis. The results showed that the capital employed (VACA), human capital (VAHU), structural capital (STVA), and value-added intellectual coefficient (VAIC) hypotheses were supported or accepted, while the leverage hypothesis was rejected. The results of this research are expected to be the basis for evaluating and determining policies. In addition, information regarding research results provides a view that companies need to pay attention to intellectual capital by carrying out good management to increase company value. The results of this research are expected to be used as information for investors before investing. In this study, there are also, limitations where the research period is limited to seven years, and only use pharmaceutical companies as research objects. For further research, the authors provide suggestions in order to expand the research period, use another variable, and object research in order to obtain wider research data and provide more accurate and comprehensive information.
The effect of revaluation and implementation of accounting management information system of state-owned assets on the quality of financial report
Asian Journal of Economics and Business Management Vol. 1 No. 3 (2022): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v1i3.248

Abstract

The benefit that the state gets from the revaluation of SOA is to get the updated value of assets in the financial report in accordance with their fair value. In addition, quality spending is the creation of cost savings from maintenance expenditure efficiency because the inventory results produce updated SOA condition data. Then, decision-making in the management of SOA could be better and supports the asset function as a revenue center. The SOA revaluation is also useful to support state budget financing resources in the form of providing SOA as an underlying asset of issuance. This study to determine the effect of the revaluation and implementation of the Management Accounting Information System of State-Owned Assets (SOA) on the quality of the financial report. This research was conducted at The Office of State Asset and Auction Service (KPKNL) Bandar Lampung using primary data collected from the distribution of questionnaires and interviews. The population in this study was all KPKNL Bandar Lampung employees, there are 34 people, which the population was taken as research samples. The data analysis was made using Partial Least Square with revaluation and implementation of SIMAK as the independent variables and quality of the financial report as the dependent variable. The data analysis instrument was using Smart-PLS 3.3.9 version. The results of this study show that the revaluation of state-owned asses had no significant effect on the quality of the financial report and the implementation of accounting management information system for state-owned asset (SIMAK-SOA) had a significant effect on the quality of financial report. From this research, it can be obtained that there are evaluations and improvements that need to be made by SOA management and can be a source of knowledge about SOA for the community in order to help supervise SOA management. Furthermore, researchers are expected to be able to add to the types of variables that have been presented in this study and expand the research subject.
The influence of electronic word of mouth through Tiktok on purchasing intention of skincare products in Indonesia
Asian Journal of Economics and Business Management Vol. 1 No. 3 (2022): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v1i3.254

Abstract

The ever-expanding internet has brought social media become a medium by which Electronic Word of Mouth (eWOM) is disseminated, particularly among skincare users. This study aims to assess the impact of eWOM through TikTok on skincare product purchase intention by developing a conceptual model of hypotheses that encompasses a multiplicity of factors that might be associated. The researcher investigates what factors impact eWOM usefulness & eWOM credibility and why consumers may adopt it when making a purchase. To examine our research model, a quantitative approach is employed using a sample of 373 Indonesian respondents via a web-based questionnaire. Structural equation modeling (SEM) analysis with the program SmartPLS was employed to test ten proposed hypotheses. The results indicate that source expertise is the most significant factor that may impact eWOM credibility in addition to perceived persuasiveness, perceived informativeness, and source trustworthiness. Additionally, source trustworthiness is the main predictor of eWOM credibility in addition to perceived persuasiveness and source expertise with regard to TikTok. It was found that eWOM usefulness and credibility together increase the possibility of adopting an eWOM message, and eWOM adoption mediates the influence of credibility and usefulness on customer purchase intention toward skincare products on TikTok. Only a few studies have examined TikTok as a medium of eWOM distribution and its influence on skincare product purchase intention, therefore this study provides vital insights into eWOM literature by identifying the new platform. This study helps brands learn what to consider when designing marketing strategies to enhance purchase intentions.
The effect of psychological contract breaches and self-efficacy on employee performance
Asian Journal of Economics and Business Management Vol. 2 No. 1 (2023): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v2i1.259

Abstract

PT Pegadaian (Persero) Lampung Area is a non-banking financial institution that provides credit to the public on mortgage laws in Indonesia. Psychological contract breaches are problems often found in companies where employees feel that the company violates promises made to contracts. In addition, employees' self-confidence level can influence the level of sound performance or vice versa. Performance appraisal is carried out transparently and objectively to see and evaluate employee performance. At the beginning of each financial year, PT Pegadaian (Persero) Lampung sets a Key Performance Indicator (KPI) for each work unit. The purpose of this study was to find out whether Psychological contract breaches and self-efficacy have a partial effect on employee performance at PT Pegadaian (Persero) Lampung area. Methods of data collection is using primary data. For the data analysis, we used simple linear regression and t-test; using the help of IBM SPSS version 25 software. The sample in this study was 125 respondents with a probability sampling technique and a simple random sampling method. The results of this study support the hypothesis that psychological contract breaches have a negative and significant effect on employee performance, and self-efficacy has a significant positive effect on employee performance at PT Pegadaian (Persero) Lampung Area.
Analysis of factors affecting fraudulent financial reporting in fraud pentagon perspective
Asian Journal of Economics and Business Management Vol. 2 No. 1 (2023): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v2i1.262

Abstract

The data from ACFE show that Indonesia, in the 2014-2020 period, had 126 cases of fraud, ranking the country as the second-highest country with the most fraud cases in the Asia Pacific. This phenomenon attracts the author to investigate factors that encourage the emergence of fraudulent financial reporting from the perspective of the Fraud Pentagon theory. Although many studies have been done on this topic, the results of the previous studies have not shown any uniformity or, even, consistency between theory and empirical reality. This study focus on a similar topic, but with a different object and approach. The objects studied in this study are utility, transportation, and infrastructure companies listed on the Indonesia Stock Exchange in the 2015-2019 period; Meanwhile, for the testing technique, this research applies several computational techniques, ranging from the Classical Assumption Test to the hypothesis test using the IBM SPSS 25 analysis tool   Data were obtained from 185 samples selected using the purposive judgment sampling method. The data, then, were analyzed using multiple linear regression analysis. The results of this study indicate that not all of the factors studied influence fraudulent financial reporting. Of the seven hypotheses proposed, only the financial target variable has a positive effect on fraudulent reporting. Similarly, the nature of the industry variable also influences fraud, but in the opposite direction (negative). Meanwhile, the other five variables, namely: external pressure, monitoring effectiveness, change in auditors, change in directors, and dual CEO positions do not indicate having significant influences.  This study has several limitations, dealing with measurement techniques and the reliance on information attached to the company's financial statements, which might have been manipulated before. These limitations indicate that further research on this topic is needed to obtain better results.
Comparison of the grover, zmijewski, and springate methods in predicting financial distress (Case study of pharmaceutical companies listed on the IDX 2019-2021)
Asian Journal of Economics and Business Management Vol. 2 No. 1 (2023): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v2i1.264

Abstract

Financial distress is a condition of financial difficulties experienced by companies. The company's negative net income can mark this. If this condition continues, the worst possibility is that the company will go bankrupt. Several studies have developed methods to make it easier for companies to detect early if the company is in an unhealthy condition. This study aims to determine the differences between the Grover, Zmijewski, and Springate methods in predicting financial distress in pharmaceutical companies. The population used in this study was 11 pharmaceutical companies registered on the IDX for 2019-2021, with a sample selection using a purposive sampling technique. The independent variables in this study are the Grover, Zmijewski, and Springate methods, with the dependent variable being financial distress. The data analysis technique used in this study is a statistical analysis using variable calculations from each method, normality test, paired sample T-test, level of accuracy and type of error. The results showed that the method with the highest level of accuracy was Grover with 96.97%, then Zmijewski with 84.85% and Springate with 72.73%. The Paired Sample T-Test test shows that each method has a significant difference even though several methods use the same variables. For further research, more company samples and a more extended observation period can be used so that the results are wider.
The effect of transformational leadership and organizational culture on employee performance with job satisfaction as an intervening variable
Asian Journal of Economics and Business Management Vol. 2 No. 1 (2023): Asian Journal of Economics and Business Management (AJEBM)
Publisher : Lighthouse Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53402/ajebm.v2i1.263

Abstract

The aim of this research is to analyze the effect of transformational leadership and organizational culture and job satisfaction as an intervening variable on the performance of employees in the District-3 PT. Wirakarya Sakti. The sample used as a research object totaling 95 employees, while data collected using a questionnaire and then analyzed by Structural Equation Modeling (SEM) based components partial least squares path modeling (PLS-SEM). Results of the analysis showed that transformational leadership has no significant effect on employee performance, organizational culture does not significantly influence employee performance, transformational leadership has no significant effect on job satisfaction, organizational culture positive and significant impact on job satisfaction, job satisfaction has not significantly influence employee performance, and transformational leadership and organizational culture does not significantly influence employee performance mediated job satisfaction. The results of the study have implications on the determination and improvement strategy model of leadership and organizational culture to be more optimal in providing job satisfaction and improve employee performance. It is advisable in future studies to be able to add other variables that are considered influential on employee performance such as, commitment, motivation, and so forth.