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INDONESIA
International Journal of Application on Economics and Business
Published by Universitas Tarumanagara
ISSN : -     EISSN : 29871972     DOI : https://doi.org/10.24912/ijaeb
Core Subject : Economy, Science, Social,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences
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
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 774 Documents
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EXPLORE THE ROLES OF FEMALE ENTREPRENEURSHIP IN PROMOTING ECONOMIC GROWTH IN ASIA: A PANEL DATA ANALYSIS Binh, Hoang Xuan; Pham, Huong-Giang; Nguyen, Khanh Ly T.
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3780-3792

Abstract

In Asia, there has been a notable surge in the representation of women in leadership roles and entrepreneurial endeavours, aligning with the increasing acknowledgement of women's importance in politics and the economy. It is predicted that the future development and economic prosperity of Asia will heavily rely on the advancement of female entrepreneurship and empowerment. This research aims to provide empirical evidence on the correlation between female entrepreneurship and economic advancement within the diverse landscape of Asia context, using panel data spanning from 1998 to 2021 across 47 Asian countries. The findings of fixed-effect regression reveal a consistently positive association between women's entrepreneurial activities and economic progress across all Asian economies, encompassing both developed and developing nations. These findings are pivotal for crafting tailored policies aimed at enhancing female participation in entrepreneurship, thereby catalyzing economic growth and advancing towards the most potential in terms of socio-economic conditions.
THE ANTECEDENTS OF COFFEE SHOP CUSTOMERS’ SATISFACTION (A CASE STUDY ON ‘KOPI KENANGAN’ OUTLET IN WEST JAKARTA, INDONESIA) Ruslim, Tommy Setiawan; Sukaman, John Victorino; Siswanto, Halim Putera; Saktiana, Galuh Mira
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3772-3779

Abstract

A phenomenon of the popular and rapid development in coffee shops in Indonesia has driven an increasingly fierce competition among business actors in this industry. The purpose of this research was to examine the effects of coffee quality, service quality, and perceived price on the satisfaction of ‘Kopi Kenangan’ customers in West Jakarta, Indonesia. The samples of this study were 302 customers of ‘Kopi Kenangan’ outlet at Citraland Mall in West Jakarta. Data was processed in this study using SmartPLS version 3.2.9. As the results of this research, coffee quality, service quality, and perceived price partially has a positive and significant effect on the satisfaction of ‘Kopi Kenangan’ customers at Citraland Mall outlet in West Jakarta. This finding can be expected to help business owners in formulating the ideal marketing strategies in the future.
THE IMPACT OF CORPORATE GOVERNANCE AND BOARD CHARACTERISTICS TOWARD FIRM VALUE OF BUMN COMPANIES Audrey, Angela; Lukman, Hendro; Sriwati , Sriwati
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3759-3771

Abstract

Since 2014, there has been a massive increase in infrastructure development. The interesting thing about this industry is a decrease in the share price of these companies, especially state-owned companies that are mostly working on the infrastructure development. According to this phenomenon, a study was conducted to determine the effect of corporate governance and the characteristics of the board of directors on firm value which is a reflection of value of share in the market price. The characteristics of the board of directors consist of age, gender, tenure, and educational background. The audit committee, independent commissioners, and the board of commissioners are proxies for corporate governance. The data used are state-owned infrastructure companies listed on the Indonesia Stock Exchange from 2015-2022. The number of companies is 8 companies. The analysis uses multiple regression analysis, and they processed with Statistical Product and Service Solution (SPSS version 29). The results of this study indicate that the audit committee, age of directors, and educational background of directors have a significant effect on firm value. Meanwhile, the independent commissioners, board of commissioners, gender of directors, and tenure of directors do not affect firm value. The conclusion is that the role of the audit committee and the age and education of the board of directors play an important role in firm value. This study implies that the selection of the audit committee and the age and educational background of board members are the prominent focus of recruitment in a company to increase firm value.
THE HOLISTIC LEARNING MODEL OF BUSINESS ETHICS TO DEVELOP SPIRITUAL WELL-BEING Yuniarwati, Yuniarwati; Ardana, I Cenik; Dewi, Sofia Prima
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3747-3758

Abstract

The purpose of this study is to investigate the impact of the holistic learning model of Business Ethics on the students’SWB. Two business ethics classes are randomly chosen as sample from all business ethics classes of Management Study Program, Tarumanagara University, Jakarta. The study uses a quasi-experimental design “pre-test-post-test design with one group”, in which the learning model is the independent variable and the students’ SWB is the dependent variable. The testing of hypothesis uses the SWB’s score mean differences of a paired sample t-test. The results of this study show that the holistic learning model of Business Ethics gives a significant impact on the quality improvement of the students’ SWB, both overall and on all four dimensions of SWB: communal, personal, transcendental, and environmental. Three dimensions: communal, transcendental, and environmental influence at a significant level of 5%; and one dimension (personal) has an effect on a significance level of 10%.
ENCOURAGING INTENTION IN SUSTAINABLE ENTREPRENEURSHIP THROUGH CSR SUPPORTING MECHANISMS Nuringsih, Kartika; Maupa, Haris; Taba, Muhammad Idrus
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3735-3746

Abstract

As an effort to pursue the achievement of sustainable development goals (SDGs) in higher education, this study identifies the potential for growing student interest in sustainable entrepreneurship. The basic idea in this study is to involve corporate social sustainability (CSR) as a support for forming interest in prospective and new entrepreneurs in this model. For this reason, the goal of this research is to identify the relationship between perceived CSR support and students' intentions for sustainable entrepreneurship. Entrepreneurial students were selected as a sample (n=90) using a convience sampling method. The validity and reliability testing indicate that the six indicators of sustainable entrepreneurial intention are valid and reliable. The same results occurred for ten indicators of perceived CSR support. Results show a significant influence of perceived CSR support on sustainable entrepreneurial intention. The path coefficient produces a t-statistical value (16.735) with a p-value (0.000) so that the hypothesis is accepted at the 5 percent significance level. The regression results produce an R-square of 0.665 with an adjusted R-square of 0.661, thus depicting a relatively large contribution in forming sustainable entrepreneurial intention. The contribution of other factors was identified as 43.90 percent in forming this intention. These results are in accordance with the theory of planned behavior, theory of triple bottom line, and theory of pyramid CRS. The supporting realizes a balance between achieving economic growth, social welfare, and environmental sustainability. The formation of good perceptions regarding CSR support indicates that this mechanism is one of the entrepreneurial ecosystems that can be relied upon to support an atmosphere of sustainability in entrepreneurial learning and practice. As a suggestion, it is necessary to increase stakeholder involvement in education sector so that it will be in line with the SDGs agenda in 2030.
IMPORTANCE OF PROFESSIONAL ETHICS FOR LEARNING Chen, Che-Fei
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3724-3734

Abstract

The study focuses on the perceptions of financial students regarding the significance of professional ethics for their education and employment. Data is collected through a questionnaire administered to undergraduate business management students, providing insights into their awareness, importance perception, and self-assessment of professional ethics. The findings indicate that while students recognize the importance of professional ethics, they do not believe it significantly contributes to their academic performance and future careers. Overall, the paper emphasizes the significance of professional ethics for commercial students and suggests strategies to improve ethical competence in education and employment settings.
CASE STUDY OF ENHANCING THE EFFECTIVENESS OF FEMALE ASSOCIATION- AN EXAMPLE OF CHIAYI FEIYAN ENTREPRENEURS ASSOCIATION Lu, Sho-Min; Lu, Te-Tsai
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3715-3723

Abstract

Women are increasingly assuming vital roles in the domestic industry, with numerous domestic organizations dedicated to assisting women in employment and entrepreneurship. The government has also allocated significant resources for guidance and support. The operational performance of these organizations reflects the tangible benefits of counseling and the influence of women in both the business and social spheres. This study employs qualitative research methods such as "case study," "in-depth interview," and "focus group interview," utilizing the "Balanced Scorecard, BSC" framework, with the Chiayi Feiyan entrepreneurship development association (EDA).as the case study. Through interviews, the study explores how to enhance the operational performance of women's organizations. Using the case study organization as an example, the research results in areas such as finance, operational processes, learning and growth, and customer relations can serve as a reference for other branches or similar organizations, aiming to improve the effectiveness of counseling for women's employment and entrepreneurship.
INVESTIGATION OF THE DEVELOPMENT CONTEXT AND MANAGEMENT EXPERIENCE OF TACIT KNOWLEDGE WITH "READING THE ATMOSPHERE" IN THE WORKPLACE Lin, Pei-Ling; Yang, Tai-Ho
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3707-3714

Abstract

This research involved nine participants, including three mid-to-senior-level executives from the public and private sectors in central and southern Taiwan, two small and medium-sized enterprise owners, and one expert from an employment counselling center. Interpretative analysis of interview texts obtained through focus group interviews and in-depth interviews yielded the following propositions: (1) selecting employees with social sensitivity, guiding them in observing words and actions, and fostering reflective learning; (2) utilizing work record forms, notes, and implementing mentorship programs to share and pass on the knowledge and skills of reading the atmosphere; (3) using app-based games or book club platforms to simulate and practice reading the atmosphere to avoid instructional conflicts. These findings and discussions may help new employees assimilate into the organization more rapidly, reduce employee turnover, and enhance work efficiency and the organizational climate.
A CASE STUDY ON THE OPERATION AND MARKETING STRATEGIES OF GROUP HOME IN JAPAN Lin, Linda Lin-Chin; Lu, Shu-Fen; Huang, Chen-Zhen
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3699-3706

Abstract

This study uses the Sky Group Home case study method to understand the current status of the industrial environment where the case is located, and explore the development trends and business strategies of Japanese companies in the group home market. It also analyses the corresponding marketing strategies of the industry based on regional expansion points, so as to improve the competitiveness of the industry's regional channels and open up new markets for international group home development. In recent years, Taiwan's group homes have been gradually privatized, and Japan's implementation experience has a high degree of reference value for my country's policy construction and group homes. This study focuses on operating groups in Japan Company A of Home House is taken as the research object, and the standard policies and operating models for the establishment of Japanese group homes are discussed through literature. Company A is used to understand its operating model based on its service content and current operating conditions. Environmental analysis and marketing mix analysis are conducted to explore its market, management and Marketing strategy; Finally, use SWOT analysis to summarize A The current situation of the company and suggestions for the future development of the industry. The legal entity creates a daily life environment similar to home, adhering to the core concept of "serving users", focusing on personal uniqueness, and providing users with social care in a small unit. In Japan, group homes gather two major groups: the elderly and the physically and mentally disabled, living in a house the size of an average family. Or apartments, with nursing staff working around the clock to provide living assistance, giving customers a convenient and secure living space and a comfortable and barrier-free daily life. After a preliminary understanding, I realized that compared to Taiwan, the development of group housing in Japan is more prosperous, and because the government adopts a "government subsidy, private operation" approach in the implementation of group housing welfare policies, it not only provides operating subsidies to private operators , and also provide consulting services and other assistance to the industry to make this social welfare industry more common in the country, so it was decided to further explore this policy.
ECO-FRIENDLY CARS’ PURCHASES: THE ROLE OF CONSUMER ENVIRONMENTAL CONCERN, MONETARY POLICY, AND VALUE PERCEPTIONS Elisa, Santa; Tjokrosaputro, Miharni
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3687-3698

Abstract

In the automotive market environment of Indonesia, a more in-depth insight into the factors that influence the purchase intention of eco-friendly cars is essential. Environmentally friendly cars are increasingly gaining attention amidst global environmental and climate change concerns. The research method used was a survey with data collection through a questionnaire distributed to 300 respondents by using purposive sampling. The measurement scale in this study used a 7-point Likert scale. Most respondents are female, comprising 56 percent, compared to 44 percent of male respondents. Most respondents with entrepreneurial backgrounds and bachelor’s degrees fall within the productive age range of 35 to 45 years. Additionally, a significant portion of the respondents earns an annual income ranging from 5 to 10 million Indonesian Rupiah. The analysis of the variance-based SEM method, PLS-SEM, shows that consumer environmental concern, monetary incentive policy measures, and perceived value significantly contribute to consumer purchase intentions. This research aims to positively contribute to advancing the eco-friendly car industry, bolster sustainable government policies, and shape consumer perceptions favorably towards greener transportation solutions. The study contributes valuable insights to this field’s existing literature and research. The empirical basis and findings derived from this research can serve as a reference for future studies on eco-friendly cars, providing a foundation for further exploration and understanding sustainable mobility choices

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