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 5 Documents
Search results for , issue "Vol. 10 No. 3 (2017): December 2017 - March 2018" : 5 Documents clear
Spatial Distribution of Market Centers Islam, Md. Morshedul
International Research Journal of Business Studies Vol. 10 No. 3 (2017): December 2017 - March 2018
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.10.3.135-146

Abstract

The present study is attempt to find the location pattern, distribution and their sphere of influences of market centers in Rangpur City Corporation, Bangladesh. Rangpur is facing some problems like traffic jam, noisy environment, population pressure etc due to the over population in full day long in the centre of this city, all of the whole sale and retail sale markets are located in the middle. Location of Market is always influencing the daily life of the city population who are directly or indirectly connected with the market. If the market strategically distributed in an area they don’t faces such kind of problems. Analysis or investigation shows that, at about all of the market centers are located in the center of Rangpur and in the residential area of Rangpur. The maximum 67% market centers are found in the high income residential area. Rangpur City Corporation, Bangladesh Bureau of Statistics and survey of Bangladesh provided the maps, reports and relevant documents of the study. The spatial dispersion pattern of market centers is clustered together at one place 0.33(Nearest Neighbor Index value, R) found in the study area. Geographical Information System (GIS) andother software also used to analyze the maps and diagrams. Investigation refers that, market of Rangpur city have a clustered pattern and different levels of market centers found on the bases of centrality scores. By this centrality scores or levels, found the variation of influencing spheres of market centers in Rangpur City.
Strategy Increasing Entrepreneurship Interest to Post Migrant Workers through Training and Giving of Capital Busro, Muhammad
International Research Journal of Business Studies Vol. 10 No. 3 (2017): December 2017 - March 2018
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.10.3.147-158

Abstract

This study aims to describe: the influence of coaching and giving capital disbursement to the interest of entrepreneurship of post migrant workers. The research method used is the method of action research, where the researcher gives treatment to the respondent in the form of assistance and the provision of soft capital by cooperating with the owner of the corporate social responsibility fund, i.e. the company around the research location, and ask the opinion of former migrant workers trained through instruments that have been prepared. The research was conducted in Lampung Province, on May-August 2016. Based on the result of the research, it can be concluded that, 1) the provision of entrepreneurship training can increase the entrepreneurship interest of post migrant workers in Lampung. Provision of coaching should be done continuously. 2) the provision of soft capital is also able to increase the entrepreneurial interest of post migrant workers in Lampung, the more soft capital is channeled to full-time workers. Although the capital provided is small, but able to pump their spirits to start a business.
Is There Any Sectoral Cointegration in Indonesia Equity Market? Surya, Aileen Clarissa; Natasha, Gabriella
International Research Journal of Business Studies Vol. 10 No. 3 (2017): December 2017 - March 2018
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.10.3.159-172

Abstract

An efficient portfolio, the one with low risk adjusted return, can be constructed using a good asset diversification. Sectoral diversification is one of the ways to reduce the portfolio risk since there are unique relationship among sector classifications. This research analyzes short and medium-run cointegration relationship among 9 sectoral indices in Indonesia equity market (JCI), using 2012-2016 weekly closing prices as the data. This study analyzed the relationship among these sectors using Johansen-Julius Cointegration Test and predict the causal relationship using Engle-Granger Causality and model the causalities using Vector Error Correction Model. Using empirical results of Johansen cointegration tests, this study finds that there is no cointegration in the short-run as the sector indices performance are caused by unique moving factors that affect all sectors differently. However, there is a medium run relationship among the sectors as they are moved by macroeconomic and political conditions towards the same direction. Other two methods, Engle-Granger and VECM, are also supporting the results from Johansen cointegration tests. The findings from this research can be useful as an insight for investors and fund managers in minimizing portfolio risk by using sectoral diversification, which based on the research can only be applied in the short run period.
Performance Evaluation of Stock Price Indexes in the Indonesia Stock Exchange Robiyanto, Robiyanto
International Research Journal of Business Studies Vol. 10 No. 3 (2017): December 2017 - March 2018
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.10.3.173-182

Abstract

This study evaluates the performance of stock price indexes in the Indonesia Stock Exchange by using Sharpe Index, Treynor Ratio,Jensen Alpha, Adjusted Sharpe Index, Adjusted Jensen Index and Sortino Ratio. The stock price indexes evaluated are the Jakarta Composite Index (JCI), Sectoral Index consisting of 10 sectoral stock price indexes, LQ45 Index, Jakarta Islamic Index (JII), Kompas100Index, BISNIS-27 Index, PEFINDO25 Index, SRI-KEHATI Index, Main Board Index (MBX), Developed Board Index (DBX). Data used in thisresearch is daily closing data of stock price indexes studied and riskfree interest rate represented by BI rate during period January 3, 2011, until July 17, 2017. Data were obtained from Bloomberg. The results of this study indicate that only three stock price indexes perform better than risk-free and stock-market instruments when calculated by using Sharpe Index, Treynor Ratio, Jensen Alpha, Adjusted Sharpe Index, and Adjusted Jensen Alpha Index. Meanwhile, when calculated by using the Sortino Ratio, the stock price index of miscellaneous industry sector has the best performance.
The Client Risk and The Audit Planning: Influence of Acceptance of Audit Engagement Suryani, Deby; Sitorus, Tigor
International Research Journal of Business Studies Vol. 10 No. 3 (2017): December 2017 - March 2018
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.10.3.183-198

Abstract

This study briefly aims to extend the relationship between client risk with the audit planning by proposes the acceptance of auditengagement as mediate variable to fill a gap prior research, furthermore to determine the effect of client risk toward the audit planning. This research is a quantitative approach with primary data obtained by questionnaires. The population of this study are the auditors of Public Accounting Firm registered in the Directory Indonesian Institute of Accountants (Certified) 2016 in Jakarta and sample purposive about 197 respondents. The Structural Equation Modeling was used to analyze the data. The results of this research shows; (1). The Client Risk directly may affect on the audit planning in a positive but not significantly, (2). Client Risk directly affect the acceptance of audit engagement positively and significantly, (3). The Acceptance of audit engagement has positively and significantly influence on audit planning. Therefore the acceptance of audit engagement perfectly as mediating variable between client risk with the audit planning, where as the acceptance of audit engagement indicated by Time Budget Pressure, Audit Fee. Letter of Auditing and all indicator have a high loading factors.

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