cover
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
wika@unissula.ac.id
Editorial Address
Jalan Raya Kaligawe Km.4 Semarang 50112
Location
Kota semarang,
Jawa tengah
INDONESIA
EkoBis ( Ekonomi & Bisnis )
ISSN : 14112280     EISSN : 26854767     DOI : -
Core Subject : Economy,
Jurnal Ekonomi dan Bisnis (EKOBIS) is published by the Department of Management, Faculty of Economics, Sultan Agung Islamic University (Unissula) on a regular basis (every six months). The purpose of this journal is to publish the results of research in the field of management which includes: - Human Resource Management - Financial Management - Marketing Management - Operational Management - Strategic Management
Articles 8 Documents
Search results for , issue "2011: EKOBIS (Vol.12 No.1 2011)" : 8 Documents clear
GEJALA OVERREACTION PADA SAHAM-SAHAM YANG TERGABUNG DALAM JAKARTA ISLAMIC INDEX DI BURSA EFEK JAKARTA Siti Aisiyah Suciningtias, SE, MSi.
Jurnal Ekonomi dan Bisnis 2011: EKOBIS (Vol.12 No.1 2011)
Publisher : Department of Management, Faculty of Economics, Universitas Islam Sutan Agung, Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ekobis.12.1.58-76

Abstract

Winner-loser anomaly explained that the shares are initially generate extreme positive abnormalreturn (winner) or the extreme negative abnormal returns (loser) will experience a reversal,especially for the loser stocks that outperform the stock winner.The objective of this paper is to explore and analyze overreaction for stocks which include calculatedIslamic Index (Jakarta Islamic Index) for period 2005 - 2006. This paper used method ofDe Bond — Thaler (1985), Dissainake (1997), Adler Manurung and Pondra Permana (2005) toselect sample. Winner and loser portfolio was formed based their return and also used marketadjusted excess returns.The results show overreaction phenomenon occurred several times in the three-month observationperiod (see calculation of CAAR). But these reactions do not have a high level of consistencybecause overreactions lasted only one time so as not to represent other periods, eventhe pickles winner overreaction does not show any symptoms (all grades pickles winner positivethree months period). Statistical analysis showed no anomaly overreactions on three-monthsobservation period.Research using six monthly observation periods overreaction symptoms occur randomly in allthree replications. But the significance test results again showed the lack of overreaction at theJII. So it can be concluded that the hypothesis of overreaction in the Jakarta Islamic Index inthe period January 2005 to December 2006 can not be proven statistically. Although there aresymptoms of overreaction, the reactions are not consistent and not significant.Keyword: overreaction, Jakarta Islamic Index ( JII), return, winner, losser, market adjusted return, cumulative abnormal Return.
EFEK KONTAGION KRISIS DUBAI TERHADAP RETURN SAHAM DI NEGARA-NEGARA ASIA TENGGARA Solechuddin .; D. Agus Harjito
Jurnal Ekonomi dan Bisnis 2011: EKOBIS (Vol.12 No.1 2011)
Publisher : Department of Management, Faculty of Economics, Universitas Islam Sutan Agung, Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ekobis.12.1.1-13

Abstract

Dubai Crisis has shocked global stock exchange indicated by the downward of stock exchange index at stock markets in Europe and Asia. This study investigates to review the effect of Dubai Crisis toward stock return in ASEAN countries i.e. Indonesia, Singapore, Malaysia, Thailand and Philippine (contagion theory). Data used in this study is stock prices two months before and after Dubai stated that its government was in default or failure to payon November 28, 2009. This study used regression to analyze the effect of Dubai Crisis as origin country to affective countries. Result of the analysis showed that the Dubai Crisis was significantly affected the stock price of Malaysia on the third day with the significance level 10%. Malaysia’s stock price significantly affected the stock price of Singapore on the third day at significance level 1%. It also significantly affected the stock price of Thailand on the first day at significance level 10%.Keyword: Dubai crisis, contagion effect, stock return, ASEAN countries.
KARAKTERISTIK KAPABILITAS INOVASI USAHA KECIL DAN MENENGAH DI SEMARANG Eny Rahmani; Siyamtinah Siyamtinah
Jurnal Ekonomi dan Bisnis 2011: EKOBIS (Vol.12 No.1 2011)
Publisher : Department of Management, Faculty of Economics, Universitas Islam Sutan Agung, Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ekobis.12.1.14-26

Abstract

This research aims to know how the owners of Small Medium Enterprise (SME) develop theirinnovation capacity. Besides that, are there impact of differentiaton in developing innovationcapacity to SME’s operational performance.To answer that questions descriptive statistics was used to explain the first question, and thenwe used ANOVA analysis to answer the second question. Sample in this research is the owneror manager of SME. Using purposive random sampling, we got 100 SME.The result of descriptive statistics show there are 6 design indeveloping innovation capacity andthe differentiation of them have no impact to SME’s operational performance.Keywords : kapabilitas inovasi, kinerja operasional
KINERJA KARYAWAN BERBASIS KEPEMIMPINAN TRANSFORMASIONAL Tin Isnaini; Heru Sulistyo
Jurnal Ekonomi dan Bisnis 2011: EKOBIS (Vol.12 No.1 2011)
Publisher : Department of Management, Faculty of Economics, Universitas Islam Sutan Agung, Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ekobis.12.1.106-121

Abstract

The objective of this study is to analize and examine the optimalitation of transformational leadership and its influence on employee performance with employee’s affective commitment, continuans commitment, normative commitment and employee’s creativity variable as intervening variable at Bappeda Kabupaten Jepara. Respondents of this study are all employeesof Bappeda Kabupaten Jepara as many as 50 people, by sampling random sampling methods.With the analytical techniques by using Partial Least Square (PLS).Based on the analysis and discussion in this study obtained a general conclusion that the positive effect of transformational leadership on affective commitment, normative commitment, continuans commitment, and creativity of employees significantly. And affective commitment, normative commitment and commitment kontinuans, and employee creativity positively affected performance significantly.Keyword: transformational leadership, affective commitment, normative commitment, continuans commitment, creativity, performance.
MEKANISME CORPORATE GOVERNANCE, MANAJEMEN LABA DAN KINERJA KEUANGAN (Studi Pada Perusahaan Go-Publik Sektor Manufaktur) Luluk M. Ifada; Gigih Kurniawan
Jurnal Ekonomi dan Bisnis 2011: EKOBIS (Vol.12 No.1 2011)
Publisher : Department of Management, Faculty of Economics, Universitas Islam Sutan Agung, Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ekobis.12.1.27-39

Abstract

The principal purpose of this study was to examine the influence of corporate governancemechanism with earnings management and influence concequensies of earnings managementto financial performance. Measurement of corporate governance mechanism consist of: institutionalownership, managerial ownership, presence of independent of director and size of director.Institutional ownership, manajerial ownership and presence of independent of director canaffect the action of earning management, which caused in the use of discretionary accruals intothe lower. Whereas the small size of director would be more effective in performing supervisoryaction of earnings management. Earnings management is conducted by managers on firmfundamental factors, namely the nterventon on making of financial statement based on accrualaccounting. So that eranings management will affect performed by managers on the factors- fundamental factors the company, by intervention in the preparation of financial statementsbased on accrual accounting. So that earnings management will affect financial performance.The populations of this research is all of companies in the manufacturing sector at the IndonesianStock Exchange, which were published in financial report from 2005-2007. Purposive samplingmethod was used to determine research sample. From this method, we have collected 37observations.By using multiple regression analysis as the research method, the findings are: manajerial ownershipinfluence negatively to earnings management and size of director influence positively toearning management as hypothesized. Institutional ownership and presence of independentof director had not significant influence to earnings management. Earning management havesignificant effects on financial performance.Keywords: corporate governance mechanism, eearnings management and financial performance
REAKSI PASAR TERHADAP MARKET SHOCK: KEBANGKRUTAN LEHMAN BROTHERS Warsito Kawedar; Rr. Sri Handayani Handayani
Jurnal Ekonomi dan Bisnis 2011: EKOBIS (Vol.12 No.1 2011)
Publisher : Department of Management, Faculty of Economics, Universitas Islam Sutan Agung, Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ekobis.12.1.77-91

Abstract

The study aim to examine investor reaction to the market shock which coused by announcement of bankruptcy by America’s invesment company Lehman Brothers and to examine how is the difference reaction to market shock in the developed and emerging market.This study use t-test to examine market reaction that happened caused by Lehman Brothers bankruptcy. With totally sampel 44 main indeks around the world which listing in WSJ and 18 indeks for the country which belong to developed market, 20 indeks for the country which belong to emerging market. The result of this research show that the market overall react negatively to market shock which is Lehman Brothers bankruptcy and emerging market proof more react to market shock than developed market. This proof that Lehman Brothers bankruptcy contain information, the brittle of world financial system.Keyword : market shock, developed market, emerging market, return, stock price index
MEMPREDIKSI LOYALITAS DAN KOMUNIKASI DARI MULUT KE MULUT: STUDI EMPIRIS PADA SUATU PUSAT KEBUGARAN Melva Lasmaria Manalu; Sabrina Oktoria Sihombing
Jurnal Ekonomi dan Bisnis 2011: EKOBIS (Vol.12 No.1 2011)
Publisher : Department of Management, Faculty of Economics, Universitas Islam Sutan Agung, Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ekobis.12.1.40-57

Abstract

This research examines a cognitive-affective-conative baseline model which proposed by Chiouet al. (2002). According to the model, perceived service quality (both tangible company-relatedand employee-related factors) is modeled antecedent to satisfaction and trust, which in turn areantecedents to customer loyalty responses (word of mouth and traditional loyalty). The sampleof this research was 233 students. Respondents were collected by using purposive samplingtechnique. Structural equation modeling (SEM) was used to analyze the data. The results showthat all research hypoteses were supported. This paper also provides the implications for theoreticaland managerial and offers directions for future research.Key words: service quality, loyalty, word-of-mouth
ANALYSIS OF CAPABILITY, COMMUNICATION QUALITY AND ORGANIZATIONAL LEARNING INFLUENCE ON EMPLOYEE’S PERFORMANCE (Case Study of the Office of Agricultural Service, Salatiga) Nofi Eko Wahyudi; Mumammad Assegaff
Jurnal Ekonomi dan Bisnis 2011: EKOBIS (Vol.12 No.1 2011)
Publisher : Department of Management, Faculty of Economics, Universitas Islam Sutan Agung, Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ekobis.12.1.92-105

Abstract

Government Instance performance can be run well if employees within the organization havegood capability, and supported by good communication quality and effective organizationallearning. This research has an objective to test a hypothesis about capability, communicationquality, and organizational learning, and their implication on employee’s performance.In this research, the population was 75 respondents by using census technique sampling.Method used was path analysis more to examine predetermined model correlation, rather todiscover the cause. Furthermore to know whether proposed hypothesis was acceptable or not,t-test or significance test was carried out in order to test partial regression coefficient.Research results showed that model and results are acceptable. And later on the researchresults proved positive ones, capability has positive and significant influence on organizationallearning. Communication quality has positive and significant effect on organizational learning.Capability has positive and significant impact on employee’s performance. Communicationquality has positive and significant influence on employee’s performance and organizationallearning has positive and significant influence on employee’s performance. Thus it can be drawna conclusion that organizational learning is not an intervening variable between capability andcommunication quality on employee’s performance.Keywords: Capability, Communication Quality, Organizational Learning, and Employee’s Performance

Page 1 of 1 | Total Record : 8