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Journal of Business Management and Economic Development
Published by Riset Press International
ISSN : -     EISSN : 29869072     DOI : https://doi.org/10.59653/jbmed
Core Subject : Economy, Science, Education, Social, Engineering,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences Other
Journal of Business Management and Economic Development (JBMED) is an international academic open-access journal that has gained a foothold in Indonesia, Asia and is open to the world. It aims to promote the integration of trade, economics, and finance. The focus is to publish papers on state-of-the-art economics, business and management. Submitted papers will be reviewed by technical committees of the journal and association. The audience includes researchers, managers, and operators for economics, business, and management as well as designers and developers. All submitted articles should report original, previously unpublished research results, experimental or theoretical, and will be peer-reviewed. Articles submitted to the journal should meet these criteria and must not be under consideration for publication elsewhere. Manuscripts should follow the style of the journal and are subject to both review and editing.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 255 Documents
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Analysis of Monitoring and Evaluation Practices on Performance of Non-Governmental Organizations’ Project in Kiambu County, Kenya Njiru, Moses; Thoronjo, Erastus
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.308

Abstract

Monitoring and evaluation is an essential practice in project management as it helps the project's scope to be defined, interventions to be established, and project managers to have an understanding of how project interventions would affect the project's implementation and objectives. The purpose for this study was to analyze monitoring and evaluation practices on the performance of Non-Governmental Organizations (NGOs) in Kiambu County in Kenya. The three main research objectives of this research are; the monitoring and evaluation planning practice; the monitoring and evaluation technical skills practice, and the participatory monitoring and evaluation practice on the performance of NGO’s in Kiambu County. This study utilized a descriptive investigative approach, with a sample size of 210 being non-governmental employees drawn from; Monitoring and evaluation officers, Project managers, and Stakeholder representatives out of a target population of 441. The tool for data analysis was the statistical package for social science version 26 and the results obtained were presented using tables and figures. The results of regression evaluation of monitoring and evaluation depicted a very strong connection between monitoring and evaluation planning practice and non-governmental organizations' project performance. The results of monitoring and evaluation of technical skill illustrated a positive connection between monitoring and evaluation of technical skill practice and non-governmental organizations' project performance. Further, the findings on Participatory monitoring and evaluation represented a confident connection between Participatory monitoring and evaluation practice and non-governmental organizations' project performance. Regression analysis results indicated that monitoring and evaluation planning practice; the monitoring and evaluation technical skills practice, and the participatory monitoring and evaluation practice positively and significantly impact the project performance of non-governmental organizational In Kiambu County, Kenya. This study therefore concluded that monitoring and evaluation planning practice; the monitoring and evaluation technical skills practice, and the participatory monitoring and evaluation practice positively and significantly impact the project performance of non-governmental organizational In Kiambu County, Kenya. This study recommends non-governmental organizational In Kiambu County, Kenya to pay particular attention to participatory monitoring and evaluation practice by focusing on those strategies that embrace participatory approaches, to create more inclusive and impactful M&E processes that contribute to sustainable development and positive change within communities. The findings in this research study will benefit, scholars, M&E practitioners, programme managers, government institutions, project stakeholders, and donor community in proper integration of the monitoring and evaluation practices for project performance.
Credit Risk and Market Risk on Stock Prices: Study on the Banking Sector Listed on the IDX in 2019-2021 Alifa, Muthia Nur; Mediawati, Elis
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.314

Abstract

This study aims to determine effect of credit risk and market risk on stock price. This research was conducted on bank sector listed on Indonesia Stock Exchange in 2019-2021. The research method used is descriptive and verification with a quantitative approach. The sampling method is purposive sampling method, obtained 37 companies with 111 observations. The data analysis technique used in this research is panel data regression analysis with E-Views 12 software. The results of this study show that either partially or simultaneosly credit risk and market risk has a significant effect on stock prices.
Analysis Of The Level Of Satisfaction And Quality Of Excellent Service Clearance In Out At Pt. Adira Shipping Management Hanik, Kumila; Yulianto, Andri; Ningrum, Riza Setyo; Maharani, Atria
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.317

Abstract

Excellent service is an attempt to serve the needs of others by providing the best service. This study aims to test the hypothesis that there is an influence on the level of satisfaction and quality on excellent service, whether it affects the trust obtained, the effect of the level of satisfaction obtained on excellent service and agent quality on excellent service, and the effect of satisfaction level and quality on excellent service clearance in/out. This research is a survey research. The population in this study were all ships that had been agented by PT. Adira Shipping Management. The sampling technique used purposive sampling with a total sample of 60 crew members. The data analysis technique used is multiple regression. The results showed that there was a positive influence on the level of satisfaction with excellent service clearance in/out as evidenced by the tcount of 2.189, a significance value of 0.033>0.05 and a regression coefficient of 0.266. There is a positive effect of quality on excellent service clearance in/out as evidenced by the tcount of 3.932, a significance value of 0.000> 0.05 and a regression coefficient of 0.374; and finally there is the influence of the level of satisfaction and quality on clearance in/out excellent service with a Fcount of 56.731 and a significance of 0.000 <0.05.
Role of Local Culture in Recommendation Intentions through Memorable Tourism Experiences Hidayat, Indra Iryanto Nur; Wisnalmawati, Wisnalmawati; Sugandini, Dyah
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.325

Abstract

The main objective of this study is to investigate the effect of local culture on the recommendation intention of tourists who have visited Kebondalem Kidul Cultural Tourism Village, with the mediation of memorable tourism experiences. In this study, a quantitative analysis approach with descriptive analysis was used, using a 5-point Likert scale. The sample collection used a non-probability sampling method, specifically judgment sampling. The sample consisted of 150 respondents who had visited the Kebondalem Kidul Cultural Tourism Village as tourists. Structural Equation Modeling (SEM) SmartPLS 3.2.9 was used as an analytical tool for analysis. Among tourists in Kebondalem Kidul Cultural Tourism Village, local culture directly impacts recommendation intention and memorable tourism experiences. Memorable tourism experiences mediate between local culture and recommendation intention for tourists in the Kebondalem Cultural Tourism Village environment. This research substantially contributes to the existing knowledge regarding local culture in various aspects. The study carries significant practical implications for stakeholders, tourism administrators, and businesses aiming to promote tourism in Kebondalem Kidul Cultural Tourism Village. The findings show that when perceived through memorable tourism experiences, local culture influences tourists' recommendation intention during their trip.
Analysis through Implementation of Government Accounting Standards on Accrual Base Sagala, Syarah Asda Pratiwi; Marliyah, Marliyah; Nurwani, Nurwani
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.326

Abstract

This research aims to determine the application of accrual-based Government Accounting Standards in the presentation of financial reports at the North Labuhanbatu Regency Central Statistics Agency and to determine the suitability of the presentation of the North Labuhanbatu Regency Central Statistics Agency's financial reports with Government Regulation Number 71 of 2010. This research method uses qualitative methods with interviews and documentation. The subjects of this research are employees of the accounting and finance department at BPS Kab. North Labuhanbatu. The results of the first research: Application of Government Accounting Standards in the Presentation of Financial Reports of the North Labuhanbatu Regency Central Statistics Agency refers to Government Regulation Number 71 of 2010, BPS Labura Financial Reports have been prepared and presented on an accrual basis, but accrual basis accounting is still not fully implemented because it still exists. the financial report component that uses the cash basis is the Budget Realization Report. The results of the second research state that the presentation of the financial reports of the North Labuhanbatu Regency Central Statistics Agency is not 100% in accordance with Government Regulation Number 71 of 2010. This is because there are still several posts that are not implemented, namely transfer posts and financing posts in the Budget Realization Report
Financial Performance Analysis of Mining Company PT. Vale Indonesia Tbk. Using the Economic Value Added (EVA) Method for the 2019-2022 Period Pole, Yogi Adnal Fathirullah; Dipoatmodjo, Tenri SP; Nurman, Nurman; Hasbiah, Siti; Aslam, Annisa Paramaswary
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.327

Abstract

This study aims to analyze and assess the financial performance of PT Vale Indonesia using the Economic Value Added (EVA) approach during the 2019-2022 period. The type of research used is quantitative using descriptive data. The population in this study is the financial statements of the mining company PT Vale Indonesia Tbk. for the last 4 years, namely 2019-2022. The sample of this study is the statement of financial position and comprehensive income. The data collection technique used is documentation. The data analysis technique used is Economic Value Added (EVA) analysis which consists of NOPAT, Invested Capital, WACC, and Capital Charges. The results of this study indicate that the value of Economic Value Added (EVA) at PT Vale Indonesia Tbk. period 2019-2022 is always positive (EVA> 0) so that it can be said that management is able to create economic added value for the company. The results of the analysis using the Economic Value Added (EVA) method to measure the financial performance of the mining company PT Vale Indonesia Tbk. period 2019-2022, showed that during 2019 to 2022 it was always positive (EVA> 0). Based on this, it can be said that management is able to create economic added value for the company, investors or capitalists get more investment returns than invested and creditors can get interest, this situation shows that the company has succeeded in creating value for capital owners so that it indicates good financial performance.
Influence of Performance Appraisal on Employee Performance in the Energy Sector Kenya Mose, Justice; Gachanja, Isaac
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.329

Abstract

Abstract The study focused more on exploring performance appraisal regarding employee performance to ascertain the influence of performance evaluation on employee performance in the energy sector. Similarly the objective of this research was to look into the result of goal setting on employee performance, to find out how career plans influence on workers’ effectiveness, and for determining the extent to which competency-based evaluation influence employees performance, to investigate the impact of ongoing feedback through employee achievement and to assess how incentives affect employee performance in Kenya energy sector through a research paper survey of Kenya Power Ltd. (KP), Kenya Electricity Transmission Company Ltd. (KETRACO), and Kenya Electricity Generating Company PLC. (KenGen), all of which are located in Nairobi County. The researcher used explanatory sequential design method. The study's population was 8820 employees, 11% of total population utilizing a sample size of 801 participant attracted as for all divisions in and to organizations, varying from Senior, middle, and lower-level management employees. Consequently, the researcher used a random sampling technique to collect data from respondents at various levels of management in Kenya's energy sector. Semi-structured questionnaires were used to gather primary data because they allow for open-ended responses from respondents and allow the researcher to easily prepare questions ahead of time to guide the discussion and keep the participants on topic. The collected data was analyzed by use of descriptive statistics and the Statistical Package for Social Sciences (SPSS). Finally, the data was interpreted into measures of central tendency, statistical dispersion, percentages, and person correlations utilizing the frequency distribution. Results were shown in tables, bar charts, and graphs will be used for information presentations. In relation to the impact on employee performance of performance appraisal, the observations suggest that the assessment leads to enhanced productivity in an organization. An effective evaluation model can increase the employees' interest and performance to achieve the specific objectives of the organization. Regarding the influence performance feedback on employee service delivery, the findings showed that effective feedback is crucial to employees to achieve their set objectives. Feedback allows employees to know exactly what is expected of them. The key to the successful empowerment and productivity is effective performance feedback between employees and supervisors. Adequate feedback builds accountability, as staff and supervisors contribute to development goals, skills identification, career development and motivation of employees for enhanced performance. The study concluded that efficient performance appraisal practices allow employees to express their performance challenges, ideas in achieving individual and company's set objectives. Effective feedback on measuring performance can result in improved productivity of employees. In order to improve employee performance, the study recommends optimizing practices for performance management. The contribution of each employee to accomplishing company goals should be the main emphasis of performance reviews.
Key Factors for University Business Incubator Implementation (UBI): Literature Review Adriansyah, Ahmad; Rimadias, Santi
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.335

Abstract

Business and entrepreneurship are risky activities, especially for new business people. One of the ideal business incubators is the one created by the campus, which is referred to as the University Business Incubator (UBI). However, it is not easy to ensure that UBI successfully carries out its vision and mission, for that it is necessary to study the Key Success Factors (KPIs) of UBI's success. From the criteria set, 15 articles become the unit of analysis of this literature review research. The results of the review found 7 conclusions. First, there are 3 aspects in making UBI, namely organization, service, and measuring the success of UBI and tenants. Second, important organizational aspects are UBI management, capital support, technology, facilities, ideas, networks, strategies, as well as communication or promotion. Third, the aspect of services to be provided depends on the location of the country and the business character of the tenant. Fourth, the recommended physical services are office space and production space. Non-physical services recommended are training/ consulting/ assistance, capital support, technology, facilities and ideas, networks, strategies, and communication or promotion of tenant products. Fifth, the recommended training areas are business technical, marketing, finance and banking, export-import, law, human resources and product development. Sixth, the role of the academic community can be as experts, sources of business networks, and other support personnel. Seventh, UBI success measurement can be done using financial performance and can be combined with operational performance.
Influence of Teamwork, Occupational Safety and Health, and Work Discipline on Employee Performance at the Ungaran Post Office Yulfa, Laila Indana; Violinda, Qristin; Utami, Ratih Hesty
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.365

Abstract

This research aims to determine the influence of Teamwork, Occupational Safety and Health, and Work Discipline on Employee Performance at the Ungaran Post Office. This research uses quantitative research methods. The population used in the research is all employees who work at the Ungaran Post Office in 2023. The sample used in this research is Saturated Sampling which is included in Non Probability Sampling, which means that all members of the population are sampled, namely 80 employees. Analysis of research data using SPSS for Windows software version 24. The results of this research show that there is a positive and significant influence between Teamwork (X1) on Employee Performance (Y), partially with this t count of 7.090 and a significance value of 0.000 with an increase in Teamwork can be achieved. Affects the Employee Performance variable by 23.2%. Occupational Safety and Health (X2) has a positive and significant effect on Employee Performance (Y), partially t count is 21.042 and a significance value of 0.000 with an increase in Occupational Safety and Health can influence the Employee Performance variable by 77.5%. Work Discipline (X3) has a positive and significant effect on Employee Performance (Y), partially the t count is 3.939, a significance value of 0.000 with an increase in Work Discipline can influence the Employee Performance variable by 26.5%. The results of the Coefficient of Determination (R2) test obtained an Adjusted R Square value of 0.850 or 85.0%, indicating that the Employee Performance variable is influenced by Teamwork, Occupational Safety and Health, and Work Discipline while the remaining 0.15 or 15% is influenced by other variables that are not in this study.
Psychological Empowerment and Psychological Well-Being as Job Performance Mediators Putra, Alfa Santoso Budiwidjojo; Kusumawati, Evi Dewi; Kartikasari, Dewi
Journal of Business Management and Economic Development Том 2 № 01 (2024): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i01.372

Abstract

This study aims to investigate the relationship between perceived organizational support (POS), psychological empowerment, psychological well-being, and job performance among 150 employees in the Indonesian telecommunications sector. This sample size aligns with the requirements for Structural Equation Modeling (SEM) analysis. Data was collected through a questionnaire using a Likert scale with two parts, covering respondent profiles and research variables. SmartPLS was employed for data analysis, and various tests were conducted to ensure data reliability, convergent validity, and discriminant validity. The findings highlight key factors influencing job performance in this context. Firstly, psychological empowerment has a significant positive impact on job performance, emphasizing the importance of empowering employees for enhanced productivity. Secondly, psychological well-being also significantly influences job performance, indicating the connection between employees' mental health and their job performance. Interestingly, perceived organizational support (POS) itself doesn't directly impact job performance but indirectly influences it through the mediation of psychological empowerment. In other words, strong organizational support boosts employees' empowerment, leading to improved job performance. The study also underscores the joint mediating roles of psychological empowerment and psychological well-being, suggesting that organizations should focus on enhancing POS while nurturing empowerment and well-being to optimize job performance.

Page 6 of 26 | Total Record : 255

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