cover
Contact Name
Hetty Karunia Tunjungsari
Contact Email
ijaeb@untar.ac.id
Phone
+6221-5655806
Journal Mail Official
ijaeb@untar.ac.id
Editorial Address
Jl. Letjen S. Parman No.1, RT.6/RW.16, Tomang, Kec. Grogol petamburan, Kota Jakarta Barat, Daerah Khusus Ibukota Jakarta 11440
Location
Kota adm. jakarta barat,
Dki jakarta
INDONESIA
International Journal of Application on Economics and Business
ISSN : -     EISSN : 29871972     DOI : https://doi.org/10.24912/ijaeb
International Journal of Application on Economics and Business (IJAEB) contains articles on the following topics: Entrepreneurship studies, Business studies, Management studies, Accounting studies, Economics studies
Articles 696 Documents
DETERMINANTS OF UNDERPRICED INITIAL STOCK: A STUDY ON THE INDONESIA STOCK EXCHANGE Ekadjaja, Margarita; Rorlen , Rorlen; Siswanto, Halim Putera
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2064-2074

Abstract

In the company, the issuer also wants profit, so expect a high initial price. However, on the part of the underwriters on the contrary, they expect a low initial price because they are bound by the full commitment stock guarantee system that applies in Indonesia. This difference in interests causes the issuer to compromise a bit by setting a lower initial share price so that investors are interested in buying the launched initial shares. As a result, when conducting an initial public offering, the company has difficulty in determining the price because there is no reference so that there is a potential for underpriced shares to occur. This study to analyze the factors that influence the level of undepriced, which is focused on age, return on total assets, financial leverage and firm size. First, the test will be carried out partially with a t-test to test the effect of each factor on the level of underpriced initial shares. Furthermore, the test will be carried out simultaneously with the F-test, namely to test the effect of the four factors together on the level of underpriced initial shares. The population in this study are companies that offer their initial shares on the Indonesia Stock Exchange and have underpricing stock values. The results show that company age has a positive effect on underpriced initial shares, while the return on total assets, financial leverage and firm size variables get the opposite result.
THE IMPACT OF WORK ENVIRONMENT AND INCENTIVES ON EMPLOYEE’S JOB PERFORMANCE THROUGH MEDIATING ROLE OF JOB SATISFACTION DURING THE COVID-19 PANDEMIC Yenita , Yenita; Tania, Johanna
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2075-2087

Abstract

In service companies, employees play an important role in helping the company to achieve its business goals, thus, it is important for companies to recruit competent employees. Then, to retain the high-performance employee, companies have to create a supportive and comfortable work environment, as well as providing incentives as bonuses to increase employee job satisfaction. This study is to analyze the impact of work environment and incentives on employee’s job performance during Covid-19 pandemic through job satisfaction as a mediating role. This study uses quantitative descriptive method by distributing questionnaires to 190 employees in an express shipping services company. PLS-based Structure Equation Modeling (SEM) technique with 95% confidence level has been used for analysis and generating results. Incentives found to have a positive and significant effect on employee’s job performance. Work environment and incentives are found to have a positive and significant effect on job satisfaction. Job satisfaction is found to have a positive but not significant effect on mediating the relation between work environment and incentives on employee’s job performance. Therefore, working environment and incentive appear to be effective ways to improve job satisfaction, and incentives can improve employee’s job performance.
ANALYSIS OF THE COMPOSITION OF CAPITAL STRUCTURE BY USING ECONOMIC VALUE ADDED (EVA) APPROACH IN TFD A COMPANY Najmani, Andriani Ratna; Setijaningsih, Herlin Tundjung
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2088-2096

Abstract

This research uses case study and aims to evaluate the capital structure of TFD A Company which is a company in the agribusiness industry sector and within the scope of a medium-sized company. During Covid-19 pandemic in 2020-2021, TFD A Company experienced billing difficulties to the manufacturer (buyer). The results of this study show that the EVA value of TFD A Company recorded an increase in negative value but the company still achieved an increase in its net profit. Based on the research of the two comparative companies, it is concluded that the composition of capital structure has its own risks. The implication of this research is that the TFD A Company should consider publicly listing its company, assessed by the composition of the capital structure, the company’s obligations to its shareholders, and the ability to record net income.
THE EFFECT OF E-COMMERCE, ENTREPRENEURSHIP ORIENTATION AND MARKET ORIENTATION ON BUSINESS PERFORMANCE Valentino, Wilsen; Handoyo, Sarwo Edy
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2097-2106

Abstract

MSMEs have an important role in the Indonesian economy. It is necessary to know the factors that affect the performance of SMEs. The purpose of this research is to test empirically the effect of e-commerce, market orientation, and entrepreneurial orientation on MSME business performance. The research method used is the quantitative method. The population in this study are the owners of MSME Ayam Geprek di Jakarta. The sampling technique uses the purposive sampling method. The Source of data used is primary data. The data analysis tool used was regression analysis which was processed using Partial Least Squares Structural Equation. The results of this study indicate that e-commerce has a positive and significant effect on business performance. Market orientation has a positive but insignificant effect on business performance. Entrepreneurial orientation has a positive and significant effect on business performance.
THE EFFECTS OF WORK FROM HOME AND FLEXIBLE WORKING ARRANGEMENT ON EMPLOYEE PERFORMANCE DURING COVID-19 PANDEMIC Arifin, Agus Zainul; Siswanto, Halim Putera; Kurniawan, Vincentius Kevin; Kristian, Michelle
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2107-2122

Abstract

The purpose of this study was to analyze the effects Work from Home (WFH) and Flexible Working Arrangement (FWA), with Work Motivation (MOT) moderation, on Employee Performance (EP). The research is quantitative research. The type of research used based on the research objective is explanatory research. The data analysis technique in this study used Partial Least Square (PLS). This study uses the two-factor theory of Frederick Herzberg. The results obtained that Work from Home has a positive and significant effect on Employee Performance. Work from Home has a positive and significant effect on Work Motivation. Flexible Working Arrangement has a positive and significant effect on Work Motivation. Flexible Working Arrangement has a positive and significant effect on Employee Performance. Work Motivation has a positive and significant effect on Employee Performance. Work from Home, with Work Motivation intervention, does not have a positive and significant effect on Employee Performance. Meanwhile, Flexible Working Arrangement with Work Motivation intervention, also does not have a positive and significant effect on Employee Performance. Flexible working arrangements can be selected by employees based on different work schedules to meet personal or family needs. Companies can adjust work as the new normal for employees who are still working from home to return to full-time work on a hybrid basis. It is important for companies to understand and develop work from home and flexible working arrangements to encourage productive behavior and prevent unproductive behavior considering the role of work motivation in influencing performance.
THE INFLUENCE OF ENTREPRENEURIAL EDUCATION AND FAMILY BACKGROUND ON ENTREPRENEURIAL INTENTION THAT IS MODERATED BY GENDER Andani, Charlie; Puspitowati, Ida
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2123-2131

Abstract

The purpose of this research is to determine the impact of entrepreneurship education and family background on entrepreneurial intentions in UNTAR students with gender as moderation. The technique of taking elements in this research uses non-probability sampling with a convenience sampling approach. Elements in this research are students who are currently pursuing an undergraduate degree at UNTAR with a total of 200 people. Data were calculated using the PLS-SEM approach. The results of this research explain that entrepreneurship education and family background have an increasing and significant impact on the intention to become an entrepreneur in UNTAR students. Gender positively moderates entrepreneurship education and family background on the intention to become an entrepreneur in UNTAR students.
THE EFFECT OF PROFITABILITY AND CAPITAL STRUCTURE USING INFLATION AS MODERATING VARIABLE Putri, Visakha Gautami; Viriany , Viriany
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2132-2141

Abstract

The-study aims to analyze the effect of profitability on capital structure and inflation as moderation variable on food.and.beverage company from.consumer_industry and listed in Indonesia Stock Exchange in_period 2019-2021. The sampling method is using purposive sampling technique and_the valid data was 24 and 72 data were processed. The data was processed_using_EViews 12 (software). The results is showing that profitability negatively influences capital structure and the inflation is proven to not able moderating the effect-of profitability-on_capital structure.
THE EFFECT OF INVESTMENT MOTIVATION, PERCEIVED RISK AND FINANCIAL LITERACY ON INVESTMENT INTENTION Kurniawati, Merry; Pamungkas, Ary Satria
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2142-2151

Abstract

Single investors in the capital market are only 2.73% of the total population of Indonesia. This means that there are still many Indonesians who have not invested, which can be caused by a lack of investment intention. Generation Z in West Kalimantan is still small, and one of the reasons is the attitude, behavior, and consumptive lifestyle of Generation Z, which has an impact on their intention in investing. This study was to determine whether there is an effect of Investment Motivation, Perceived Risk and Financial Literacy on Investment Intention. The research design used in this study is a descriptive research design with a quantitative approach. The sample in this study were generation Z (born 1997-2012), domiciled in West Kalimantan, have an intention in investing in the capital market but have never invested before. The number of samples used in this study were 347 respondents who were selected using a purposive sampling technique. Data analysis was carried out using the Structural Equation Modeling technique. The results of this study show that there is a positive effect of Investment Motivation on Investment Intention, there is a positive effect of Perceived Risk on Investment Intention, and there is a positive effect of Financial Literacy on Investment Intention.
THE INFLUENCE OF MARKET ORIENTATION, TOTAL QUALITY MANAGEMENT AND ENTREPRENEURIAL ORIENTATION ON BUSINESS PERFORMANCE IN THE AUTOMOTIVE MODIFICATION SECTOR Yohanes, Bryan Raffello; Soelaiman, Lydiawati
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2152-2159

Abstract

The development of the automotive modification industry is growing along with the development of the motor vehicle industry. Despite being hit by the Covid-19 pandemic, businesses in the automotive modification sector can still survive and are predicted to be a business sector with positive prospects. The purpose of this research is to examine the impact of market orientation, total quality management, and entrepreneurial orientation on business performance. The sample selection technique in this study used non-probability sampling techniques with purposive sampling and snowball sampling methods. The sample obtained in the study was 80 automotive modification business owners in the Jabodetabek area. The SEM-PLS method was used to analyze the data. The results showed a positive and significant influence on market orientation and entrepreneurial orientation on business performance. But total quality management has no significant effect on business performance.
THE INFLUENCE OF STRATEGIC COMPETENCE, ETHICAL COMPETENCE ON NETWORK COMPETENCE TO PREDICTE BUSINESS GROWTH Arifin, Agnes Tasya; Utama, Louis
International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i4.2160-2174

Abstract

The purpose of this study is to examine the effect of strategic competence, ethical competence on network competence and to examine the effect of strategic competence on business growth mediated by network competence. The population of this study is 100 SMEs in the field of clothing in Tanah Abang. The purposive sampling method was used by distributing online questionnaires, which were then processed using the smartPLS application. The results of this study are strategic competence, ethical competence has an influence on network competence. Strategic competence can also affect business growth mediated by network competence and ethical competence can also effect business growth mediated by network competence.