cover
Contact Name
Heronimus Maryono
Contact Email
irjbs@pmbs.ac.id
Phone
+62217511126
Journal Mail Official
irjbs@pmbs.ac.id
Editorial Address
Cilandak Campus Jl. RA. Kartini (TB Simatupang) Cilandak Barat Jakarta Selatan, Jakarta Selatan 12430 Indonesia.
Location
Kota adm. jakarta selatan,
Dki jakarta
INDONESIA
International Research Journal of Business Studies
ISSN : 20896271     EISSN : 23384565     DOI : 10.21632/irjbs
International Research Journal of Business Studies (IRJBS) comprises three constructs. The word “International” refers to our mission to provide readers with relevant fields of study and to involve authors in giving their contributions on an international scale. ”Research Journal” refers to our aim to function as a medium to disseminate research findings regardless of methodological differences. ”Business Studies” refers to the boundary of the fields of studies that we serve i.e. encompassing all disciplines and paradigms related to the studies of any facet of the business. Aim The primary objective of IRJBS is to bridge the gap between theory and practice in the area of business studies by presenting the results of an empirical study, including rigorous research methods, and providing managerial implications to the readers. Scope The IRJBS welcomes manuscripts in business management, which include the areas of strategic management, marketing management, finance management, organization, human resources management, and operations management. Starting Volume 13, Number 2 (2020), IRJBS publishes high-quality articles/papers using rigorous research with questions, evidence, and conclusions that are related to corporate management studies and recent trends that are relevant to business management scholars and business practitioners. More specifically, the IRJBS seeks to publish papers that ask and help to answer important and interesting questions in managing the corporation, develop and/or test theory, replicate prior studies, explore interesting phenomena, review and synthesize existing research, and evaluate the many methodologies used in the corporate management field. We welcome manuscripts in corporations within one geographic and/or across the geographic and business spectrum which include but are not limited to corporate strategy, corporate governance, corporate organization, and human capital, corporate finance, corporate marketing, and the operations aspect of the corporation. We appreciate a diverse range of research methods and are open to papers that rely on statistical inference, qualitative data, verbal theory, computational models, and mathematical models
Articles 329 Documents
The Phenomenon of Brand Tribalism in Online Games Business Lasmy, Lasmy; Mehan, Charu
International Research Journal of Business Studies Vol. 17 No. 1 (2024): April - July 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.17.1.43-51

Abstract

This research aims to analyze the influence of telepresence and community factors on brand tribalism and the interest in purchasing virtual items in the online games, especially MMORPG Final Fantasy XIV in Indonesia. The empirical research was a quantitative method and data were collected from 110 respondents through online surveys in the game's Facebook and discord groups, who is the players of online game, MMORPG Final Fantasy XIV in Indonesia. The research model was tested using statistical software, SPSS. Results indicate that telepresence and community factors significantly impact brand tribalism and interest in purchasing virtual items. However, no significant relationship was found between brand tribalism and interest in virtual item purchase. This research fills the gap in previous research, regarding customer behavior in online games and the variables studied such as brand tribalism, telepresence and community factors. Similar research is rarely discussed in previous research.
Identifying Green Bonds Impact on Company Reputation and Risk Estiningrum, Widya; Husodo, Zaäfri Ananto
International Research Journal of Business Studies Vol. 17 No. 1 (2024): April - July 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.17.1.1-19

Abstract

In recent years, there has been a growing awareness of the severity of climate-related risks, prompting a global imperative for environmental preservation. As a result, companies are now vital contributors to sustainability efforts, requiring them to integrate environmental, social, and governance factors into their investment and financing decisions. This paper aims to provide other researchers and stakeholders with some new ideas and a clear understanding of the important research trends in studies about how certain methods linked to issuing green bonds can impact a company's reputation and associated risk. By employing a Systematic Literature Review (SLR) and content analysis of 45 articles, the research takes a corporate-centric perspective. The findings of this paper reveal a gap in the literature concerning the direct influence of green bond issuance on company reputation and associated risks. While previous studies have explored the impact of bond issuance on various performance metrics, there remains a notable absence of detailed analysis on the relationship between green bonds and corporate reputation. By shedding light on the implications of green bond issuance for corporate reputation and risk, this research underscores the importance of integrating environmental and social considerations into strategic decision-making processes.
Do Control Rights and Family Ownership Affect Capital Structure? Bedi, Ibrahim; Utama, Cynthia Afriani
International Research Journal of Business Studies Vol. 17 No. 1 (2024): April - July 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.17.1.69-82

Abstract

This study investigates the existence of a dynamic capital structure, the speed of adjustment towards the optimal capital structure, and the influence of control rights and family ownership on the capital structure of Indonesian listed manufacturing firms. Utilizing the difference Generalized Method of Moments (GMM) estimator and the partial adjustment model on a sample of 60 Indonesian firms from 2014 to 2022, this research provides new insights specific to the Indonesian market. The results confirm the existence of dynamic capital structure and indicate that it takes approximately 1.92 years for manufacturing firms in Indonesia to achieve their target leverage. The results of this study are also consistent with the pecking order theory and the market timing theory. Notably, Controlling Shareholder’s Interest is found to have a positive relationship with leverage. The presence of Family Ownership, however, weakens the relationship between Controlling Shareholders’ Interest and Leverage. 
The Role of CEO Altruism in Moderating the Relationship between Affective Commitment and Integrity with OCB in Culinary SMES Siddiq, Dedi; Mukhibulloh, Mukhibulloh; Dewi, Annah; Astuti, Ramlah; Alang, Tho
International Research Journal of Business Studies Vol. 17 No. 1 (2024): April - July 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.17.1.93-104

Abstract

This research aims to examine the relationship between chief executive officer (CEO) altruism, affective commitment, integrity and organizational citizenship behavior (OCB). More specifically, this research examines the extent to which the role of CEO altruism plays in moderating the relationship between employee affective commitment and integrity towards employee OCB of small and medium businesses in the culinary sector in Indonesia. This research uses quantitative approach and data were collected through paper-based survey. Data analysis uses multiple regression and moderated regression analysis with a significant level of 0.05 to test the hypothesis. The research found that employee affective commitment and integrity have a positive effect on OCB. In addition, CEO altruism plays a significant role as a moderating variable in strengthening the relationship between employee affective commitment and OCB and also strengthening the relationship between employee integrity and OCB. These findings provide important insights for SME managers to demonstrate altruism towards their employees so as to increase employee OCB.
Workplace Spirituality and Women Career Advancement among Women Academic Leaders Kumar, Shubham; Pradeepika, Pradeepika
International Research Journal of Business Studies Vol. 16 No. 3 (2023): December 2023 - March 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.16.3.211-228

Abstract

This empirical study aims to delve into the intricate connection existing between workplace spirituality and the advancement of women's careers within the realm of higher education institutions situated in India's National Capital Region (NCR). The study encompasses a comprehensive survey of 177 women faculty members, and its methodology involves the application of standardized scales to gauge workplace spirituality and women's career advancement. The research outcomes highlight a noteworthy and affirmative correlation between workplace spirituality and the advancement of women's careers. In particular, the findings underscore the pivotal role of spirituality as a predictor of career progression for women in the context of higher education institutions. This study not only underscores the significance of nurturing workplace spirituality but also its pivotal role in promoting gender equity and fostering the professional growth of women within the distinct milieu of educational organizations.
The Effect of Leadership Style on Improving Employee Performance Na'im, Arif Ainun; Febrian, Angga; Firdaus, Luthfi; Marvinita, Risda; Mardiana, Nova
International Research Journal of Business Studies Vol. 16 No. 3 (2023): December 2023 - March 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.16.3.229-240

Abstract

Leadership style significantly impacts the organization's long-term viability. On the other hand, leadership style can also affect an organization's reputation. This study intends to investigate the relationship between corporate reputation and leadership style, which has consequences for raising worker productivity. An online poll targeting employees in different work units and businesses in Indonesia was used to obtain the data. The study's findings can advance understanding, particularly in terms of the way that corporate reputation mediates the relationship between leadership style and employee performance. This research also has practical implications for management in an organization to be more aware of the role of organizational reputation that can influence employee performance. In addition, the quality of leaders is also one of the main drivers of organizational reputation, so a good reputation will create a climate of fair work competition for employees to improve their performance.
The Impact of the Digital Divide on MSMEs’ Productivity In Indonesia Lukas, Erica Novianti; Hasudungan, Albert
International Research Journal of Business Studies Vol. 16 No. 3 (2023): December 2023 - March 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.16.3.241-252

Abstract

Although the adoption of information and communication technology (ICT) has been rapid, gaps still exist regarding various areas of access to ICT among micro, small, and medium enterprises (MSMEs), which are the backbone of Indonesia’s economy. This study investigates how the digital divide factors increase productivity among MSMEs in Indonesia. Drawing on previous studies, the digital divide factors consist of material access, motivational access, skill access, and usage access. In this study, the logistic regression model is used with SUSENAS 2019 data from BPS. The study finds the significance of skill and usage access galvanize MSMEs’ enthusiasm to adopt the ICT platform in their business activities. Conversely, with weak significance of motivational and material access, this study recommends more extensive endeavors of the ICT infrastructure in boosting MSMEs’ productivity in the state of economic policy making in Indonesia.
Does Innovative Behavior Condition The Impact Of Structural Empowerment On Entrepreneurial Success? Sugiyanto, Eviatiwi Kusumaningtyas; Widjajanti, Kesi; Wijayanti, Ratna
International Research Journal of Business Studies Vol. 16 No. 3 (2023): December 2023 - March 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.16.3.253-261

Abstract

This study aims to close the gap of previous research related to the impact of structural empowerment on business success. Apart from the research gap, this research departs from the phenomenon of the large entrepreneurial potential of women in Indonesia which can be supported by empowerment programs. To close the research gap, innovative behavior is used as a mediating variable between the influence of structural empowerment and business success. Data was collected via Google form on 96 women entrepreneurs. The sample is determined through purposive sampling. The analysis tool used is SEM with the Wrap PLS 8.0 program. The research results show that both structural empowerment and innovative behavior influence business success, and innovative behavior has succeeded as a mediating variable in this research.
The Effect of Credit among Micro, Small, and Medium Enterprises on Income Inequality in Indonesia Desfiandi, Alvin; Putra, Rama Prima
International Research Journal of Business Studies Vol. 16 No. 3 (2023): December 2023 - March 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.16.3.263-274

Abstract

Income inequality has become a growing global concern during the last two decades. High income inequality can hinder economic growth, and in the case of Indonesia, the Gini coefficient continues to show an increasing trend. One of the factors that increase the level of income inequality is inequality in business opportunities and access to capital. To address this issue, the government created a credit program to benefit micro, small, and medium enterprises (MSMEs). MSME loans are basically designed to increase equality through the promotion of business opportunities. The authors seek to study the impact of MSME credit on income inequality in Indonesia using panel data with random effects in 33 provinces from 2005-2016. The results of this study are expected to provide an overview of whether the existing MSME credit program has been running effectively or not.
The Effect of Strategic Leadership On Sustainable Competitive Advantage Kartika, Levina
International Research Journal of Business Studies Vol. 16 No. 3 (2023): December 2023 - March 2024
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.16.3.275-287

Abstract

This research aims to analyze and identify the effect of strategic leadership on sustainable competitive advantage. This study uses quantitative method with descriptive and associative research. The population includes employees of PT X (heavy equipment trading company), with a sample of 30-500 respondents. The results show that strategic leadership has a positive effect on sustainable competitive advantage applied by respondent. Testing the strategic leadership effect on sustainable competitive advantage produced a significance value of 0.000 < 0.05, with a correlation coefficient value of 0.927. It can be concluded that strategic leadership has a strong influence on sustainable competitive advantage, with a correlation coefficient value of 0.927. Within this study, the majority of respondents expressed agreement with the questionnaire statement in this research regarding the strategic leadership variable, with 16 statement indicators submitted by the researcher and the sustainable competitive advantage (Y) variables, with 14 statement indicators submitted by the researcher.

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