cover
Contact Name
Eko Susanto
Contact Email
integrasi.sains.media@gmail.com
Phone
+6288218734725
Journal Mail Official
integrasi.sains.media@gmail.com
Editorial Address
Jl Pojok No. 1 - Lembang, Bandung Barat, Indonesia
Location
Kab. bandung barat,
Jawa barat
INDONESIA
Journal Integration of Management Studies
Published by Integrasi Sains Media
ISSN : 2988389X     EISSN : 2988389X     DOI : 10.58229/jims
Core Subject : Science,
Journal Integration of Management Studies (JIMS) is an academic journal in the field of business published by Integrasi Sains Media, Indonesia. This journal intends to foster and stimulate the exchange of scholarly thought on applied business research issues among professionals and academics worldwide. JIMS welcomes articles in all areas of science management, both applied and theoretical. Theoretical articles must link theory and essential and exciting management applications. This journal is an open-access journal that can be of essential reading for academic researchers and business professionals. Articles may include but are not limited to: 1. marketing management 2. finance management 3. human resources management 4. strategic management 5. tourism management 6. entrepreneurship 7. operational management.
Articles 103 Documents
Optimizing Inventory Management of MFD Studio To Reduce The High Lost Sales Raka Aditya Prayoga; Nur Budi Mulyono
Journal Integration of Management Studies Vol. 2 No. 1 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i1.135

Abstract

This research delves into optimizing inventory management at MFD Studio by implementing demand forecasting to mitigate lost sales. Notably, the company has encountered a significant loss of sales, approximately 31.26% of the revenue generated by their flagship product, Outer, which has consistently held the position of the best-seller from 2021 to 2023, contributing approximately 60% to MFD Studio's overall product line during this period. The research aims to enhance inventory management efficiency by employing demand forecasting techniques. The methodology includes a thorough literature review, analysis of root causes, and conceptual framework development. The findings underscore the substantial impact of demand forecasting on inventory management, leading to a noteworthy reduction in lost sales. The study advocates for adopting a quantitative approach to demand forecasting, explicitly endorsing the ARIMA, Holt, and Winter models. Notably, the ARIMA model stands out with the lowest error, boasting a 0.0059 RMSE value, 0.0025 MAE value, and 0.0363 MAPE value. The forecast generated by the ARIMA model is anticipated to diminish the likelihood of future lost sales to 5.5%, representing a substantial decrease from the initial 31.26%. In conclusion, this research underscores the pivotal role of demand forecasting as a crucial tool for businesses, particularly in similar industries, to enhance inventory management and curtail lost sales. The practical recommendations contribute significantly to inventory management, offering actionable insights for businesses seeking to optimize their inventory processes.
Environmental, Social, Governance (ESG) Performance And Dividend Policy In Companies Listed on The Indonesia Stock Exchange Muhammad Shahal Ghibran; Kurniawan, Meinanda
Journal Integration of Management Studies Vol. 2 No. 1 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i1.136

Abstract

This study aims to determine the effect of environmental, social, and governance on dividend policy. This research was conducted using quantitative methods with the population taken was companies listed on the Indonesia Stock Exchange in 2017 - 2022. The sample in this study used 38 companies that had been selected by purposive sampling method. This type of research data is secondary data which has data sources from the Thomson Reuters Eikon database. The analysis technique used in this research is panel data regression using the lagrange test, the common effect model is selected, then the coefficient of determination (R^2) analysis is carried out, hypothesis testing with the use of partial tests (t test), and simultaneous tests (F test). The results of this study indicate a positive relationship between environmental and dividend payout ratio and a negative relationship between governance and dividend payout ratio.
Review of Asset Management Practice in Indonesian State-Owned Enterprise Rahadi, Raden Aswin; Indrayana, Gun Gun; Afgani, Kurnia Fajar; Darmansyah, Asep; Anggoro, Yudo; Halim, Robbyson; Fitrianda, Saldy; Purbayati, Radia; Astari, Airen Widhia; Ayudiatri, Safira
Journal Integration of Management Studies Vol. 2 No. 1 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i1.138

Abstract

This study examines Indonesian State-Owned Enterprises (SOEs) asset management methods, problems, and financial and operational performance effects. The report synthesizes case studies and academic research on how large organizations manage their huge and diverse asset portfolios and how governance, regulatory frameworks, and human resource practices affect their effectiveness. The research begins with case studies of talent management innovations from big Indonesian SOEs. These cases show how proactive human resource approaches can boost company commitment and reduce turnover, improving asset management efficiency. According to the research, governance and legal frameworks influence asset management techniques. Studies show that corporate governance quality affects SOE operational performance. The paper explores how reforms and legislation affect state asset management, highlighting the major changes in SOE governance and legal frameworks, particularly after economic and political reforms. Asset management difficulties for Indonesian SOEs include managing large and diverse asset portfolios, integrating modern management frameworks, and optimizing state asset revenue. According to the study, comprehensive asset management systems, governance transparency, and professional management can address these difficulties. The research examines how asset management strategies affect Indonesian SOE profitability, corporate governance, and performance measures. Strategic asset management boosts financial performance, especially profitability. SOE profitability is greatly affected by current asset and liability management. The study offers advice to Indonesian SOEs and policymakers. Enhancing financial and operational performance requires comprehensive asset management, governance changes, and strategic innovation. These efforts boost Indonesia's economy, demonstrating the importance of asset management in SOE performance.
Corporate Communication and Organizational Performance: A Study in Commercial Banks in Kenya Kitemu, Paul Muteti; Sang, Anne; Wachira, Anita
Journal Integration of Management Studies Vol. 2 No. 1 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i1.140

Abstract

The research delves into the influence of corporate communication on the organizational performance of commercial banks in Kenya, prompted by the sector's persistent decline despite its substantial number of licensed institutions, with only a handful dominating the market. The predominant focus on financial metrics has overshadowed the concerns of vital stakeholders such as employees, customers, communities, and regulators. Using a descriptive cross-sectional approach, data were gathered from 394 respondents across 39 banks via a questionnaire, which was then analyzed using SPSS. The findings reveal a significant correlation between corporate communication and banks' performance, suggesting that ineffective communication during corporate changes significantly contributes to performance decline. The study proposes the integration of corporate communication into corporate change strategies, a priority set by senior management, to drive comprehensive organizational performance and address stakeholders' needs, thereby fostering sustainable growth and expansion opportunities for banks.
Boosting Employee Loyalty at XYZ Consulting: Strategies for Long-Term Commitment Setiawan, Angga; Hendarman, Achmad Fajar
Journal Integration of Management Studies Vol. 2 No. 1 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i1.145

Abstract

This study delves into the dynamics of employee retention and organizational culture at XYZ, employing a qualitative thematic analysis of interviews with five HR managers. The research aimed to capture a nuanced understanding of factors influencing employee satisfaction, professional growth, and the overall workplace environment. Key themes identified include employee satisfaction and well-being, professional growth and development, compensation and benefits, work flexibility and patterns, leadership and communication, company policy and culture, and technology and systems. The findings reveal that XYZ's strengths lie in a supportive work environment, clear communication channels, financial stability for employees, flexibility in work arrangements, and a commitment to employee safety and career progression. However, challenges such as high employee turnover, communication gaps in professional development, and the need for more adaptive leadership styles were also highlighted. The study's rigorous approach, incorporating multiple reviews and discussions with supervisory bodies, lends credibility to its findings. Despite its focused scope, the study offers valuable insights for organizations looking to enhance employee retention and satisfaction.
The Influence Of Perceived Risk On Digital Banking To Customer's Intention To Use Digital Banks In Jabodetabek 2023-2024 Louis, Evannia Immanuel; Kurnia Fajar Afgani
Journal Integration of Management Studies Vol. 2 No. 1 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i1.151

Abstract

Digital banks are banks that have limited to no physical offices and are accessed through an online application. In the past seven years, digital banking has become a leading digital payment method, used by approximately 78% of Indonesians as of 2021. Although digital banking has gained popularity, there is a significant disparity between Indonesian customer’s willingness to use and actual use of digital banks. The reason for the disparity is perceived risks, which proved to be a resistance factor to customer intention through previous research of Technology Adoption Model (TAM) of digital banks. This research aims to analyze how the perceived risk of digital banks influences customer’s intention to use digital banks, which perceived risk factor has the highest influence on intention to use, and identify the correlation between perceived risk factors towards intention to use. By drawing from perceived risk theories across decades, six risk dimensions – financial, performance, social, time, security, and privacy risk – were analyzed. This research collected 400 Jabodetabek respondents through an online questionnaire, which were analyzed with descriptive statistics and Structural Equation Modeling (SEM). The hypothesis testing was done using the bootstrapping method with a two-tailed t-test with 5% significance level, while the correlation was calculated with SEM. The results reveal that the overall level of perceived risk in Jabodetabek is relatively low with only one out of six risk factors proving to be significant. It was found that security risk is the only risk factor that significantly influences customer intention to use digital banks, with a negative correlation of 30.3%. In light of this finding, this research provides practical recommendations for digital bank managers to minimize security risk and for future study. This research hopes to help digital bank managers in enhancing customer intention to use digital banks by reducing perceived risk factors.
Feasibility Study of PT XYZ's Villa Project In Seminyak, Bali Wijaya, Darren Anthony; Kitri, Mandra Lazuardi
Journal Integration of Management Studies Vol. 2 No. 1 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i1.159

Abstract

The tourism industry in Bali, a cornerstone of the local economy, faced a severe downturn due to COVID-19, resulting in declines in tourist arrivals and accommodations. However, the sector has seen a robust recovery, with tourist arrivals now exceeding pre-pandemic levels. Despite this, accommodations recovery has lagged, presenting a significant investment opportunity. PT XYZ aims to capitalize on this by developing a luxury villa in Seminyak, targeting the middle-to-upper tourist market. The planned investment of IDR 2,109,848,475 will be fully financed through equity. This study assesses the financial feasibility and potential risks of the project. It involves constructing pro forma financial statements to forecast operations over 20 years, followed by detailed cash flow analysis. Key metrics such as Free Cash Flow (FCF) and Terminal Cash Flow are calculated, and the Weighted Average Cost of Capital (WACC) is used to discount future cash flows. The analysis employs Net Present Value (NPV), Internal Rate of Return (IRR), Profitability Index (PI), Payback Period, and Discounted Payback Period to evaluate financial returns and investment recovery time. The study indicates a positive NPV of IDR 1.6 billion and an IRR of 19.36%, suggesting substantial returns over the cost of capital. The project’s profitability index of 1.77 underscores its value generation potential, while the payback period and discounted payback period, at 6.06 years and 9.07 years respectively, highlight its efficiency in recouping investments well within its useful life. Risk assessment through sensitivity analysis and Monte Carlo simulations highlights daily and occupancy rates as critical factors, with a low 4.5% probability of a negative NPV. Strategic recommendations include dynamic pricing, enhancing guest experience with exclusive amenities, and listing the property on multiple Online Travel Agencies (OTAs) to boost visibility and bookings.
Harmonizing Algorithms and User Satisfaction: Evaluating The Impact of Spotify's Discover Weekly on Customer Loyalty Natasha Janice; Nurrani Kusumawati
Journal Integration of Management Studies Vol. 2 No. 2 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i2.168

Abstract

Integrating artificial intelligence (AI) in music streaming platforms has significantly transformed user experiences, with personalized features playing a key role. This study investigates the impact of Spotify's "Discover Weekly" feature on Indonesian users' satisfaction and customer loyalty. The research examines how the quality of service experience, perceived usefulness, and user engagement interplay to influence the effectiveness of "Discover Weekly" in enhancing user experience and fostering loyalty to Spotify. Using a mixed-methods approach, the study utilizes qualitative analysis through automated coding with Nvivo software (18 respondents) and quantitative analysis using Partial Least Squares Structural Equation Modeling (PLS-SEM) with 397 respondents. The target demographic is Generation Z, familiar with or using the "Discover Weekly" feature. Findings reveal a significant positive impact of service quality experienced through "Discover Weekly" on user satisfaction and subsequent loyalty to Spotify. Additionally, there is a strong positive relationship between user satisfaction and word-of-mouth promotion, suggesting that satisfied users are more likely to recommend "Discover Weekly" to others. Recommendations include enhancing playlist discoverability, refining music content, and encouraging positive word-of-mouth promotion. Future research should explore personalized playlists on other platforms, analyze different demographic profiles, and evaluate additional features offered by Spotify to provide a broader understanding of user experience and loyalty dynamics.
Financial Feasibility Analysis of Self-Owned Pattern Printed Kain as Product Innovation Strategy in Fashion Business: A Case Study of Tanair Sinaga, Gloria Galore Puandhia; Irawan, Atika
Journal Integration of Management Studies Vol. 2 No. 2 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i2.170

Abstract

Generation Z in Indonesia faces a challenge in establishing a strong national identity, underscoring the importance of fostering pride and appreciation for local culture (Manurung et al., 2022). Fashion is a significant avenue for self-expression and can be crucial in cultural promotion. The burgeoning fashion market in Indonesia presents substantial opportunities for businesses aiming to leverage cultural pride. Tanair, a new fashion brand founded in Bandung in 2024, seeks to enhance Indonesian pride through its innovative use of kain (traditional fabric). To navigate the competitive fashion landscape, Tanair requires a comprehensive financial feasibility study to validate its product innovation strategy. This study encompasses a five-year financial projection across three distinct scenarios—pessimistic, baseline, and optimistic—to evaluate Tanair's business plan's financial viability. The analysis reveals positive outcomes across all scenarios, with the pessimistic case demonstrating a payback period of 3.37 years, a net present value (NPV) of Rp61,807,419, a profitability index of 2.5, and an internal rate of return (IRR) of 29%. Notably, the IRR exceeds the weighted average cost of capital (WACC) of 8.92%, indicating a favourable financial outlook for the company. This study confirms that Tanair's innovative approach is financially feasible, positioning it for success in promoting Indonesian cultural heritage through fashion.
The Impact Of Spotify Advertisements On Free Accounts To Purchase Decisions For Spotify Premium Accounts With Consumer Attitudes As The Mediating Variable Jane Evelyn Alodia; Annisa Rahmani Qastharin
Journal Integration of Management Studies Vol. 2 No. 1 (2024)
Publisher : Integrasi Sains Media

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58229/jims.v2i1.171

Abstract

In recent years, digital music streaming services have increasingly relied on advertisements to generate revenue and encourage users to upgrade to premium accounts. Previous research has shown that effective advertising can significantly influence consumer attitudes and purchasing decisions. However, advertisements may also provoke negative reactions such as annoyance and irritation, potentially impacting user experience. This study examines the impact of Spotify advertisements on consumers' purchasing decisions to upgrade from free to premium accounts, with consumer attitude as a mediating variable. This study used a quantitative approach to collect data from an online survey of 399 Spotify users. Data analysis was conducted using descriptive statistics and partial least squares structural equation modeling (PLS-SEM). The results indicate that advertising significantly enhances customer attitudes and positively influences purchase decisions. Furthermore, advertisements impact purchase decisions indirectly through customer attitudes. Despite these positive effects, the study also reveals that advertisements can cause adverse reactions, such as annoyance and irritation. Respondent feedback highlights ad content, frequency, and timing issues, which often disrupt the user experience. These findings provide valuable insights for digital marketers and advertisers seeking to optimize their campaigns on platforms like Spotify. Additionally, this research contributes to the broader understanding of advertising effectiveness, customer behavior, and digital marketing strategies in the context of music streaming services.

Page 4 of 11 | Total Record : 103