International Research Journal of Business Studies
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
Strategi Produktivitas Tenaga Kerja dan Daya Saing: Studi Kasus Galangan Kapal Kawasan Pulau Batam dan Jawa
Suwasono, Bagiyo;
Widjaja, Sjarief;
Zubaydi, Ahmad;
Yuliadi, M. Zaed
International Research Journal of Business Studies Vol. 3 No. 2 (2010): August-November 2010
Publisher : Universitas Prasetiya Mulya
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DOI: 10.21632/
The strength of international competitiveness encouraged a shipyard to reduce cost of materials and labor. Therefore, a shipyard did a measurement to improve the rationalization toward labor productivity. This study aimed to compare the path model from strategies of labor productivity and competitiveness of medium size shipyard in region of Batam and Java. The normality test of questionnaire data at 200 respondents who are competent in the field of shipbuilding through the ratio of skewness and kurtosis did not show normal distribution from the data. Test of model feasibility through PLS algorithm and bootstrapping showed moderate criterion and no significant difference in the variable path for both regions. The first latent variable: shipyard competitiveness is influenced by the strategic policy and labor productivity, while the second latent variable: labor productivity is influenced by work activity, strategic policy, and corporate culture. Test of model segmentation through FIMIX-PLS showed good criterion and no significant difference in the interaction of variable heterogeneity for both regions. The final result of shipyards PLS path modeling showed a consistent relationship between strategic policy and labor productivity in order to increase the Indonesian shipyard competitiveness.
Dampak Rumor Terhadap Volatilitas Harga Saham: Studi Empiris di Bursa Efek Indonesia
Rijanto, Y. Arief
International Research Journal of Business Studies Vol. 3 No. 3 (2010): December 2010 - March 2011
Publisher : Universitas Prasetiya Mulya
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DOI: 10.21632/
«Buy on rumor, sell on news» strategy is common trading strategy done by the investor. This strategy contains a higher risk associated with the change of stock price volatility. This empirical study aims to explore the impact of rumors on stock prices by analyzing the changes in volatility patterns during circulation of rumors. This volatility patterns indicate a change in stock price trend due to rumors. The possibility of stock price movement will occur and turn stock price trend up or down. The volatility patterns that occurred in the general period compared with the rumors period. This study uses intraday stock price data (15-minute) during the 2007-2009 and rumors circulation period. Asymmetric GARCH and Treshold GARCH model is used to analyze an asymmetric or symmetric volatility pattern. Results showed that volatility pattern transformation during rumor circulation is different for different types of stocks. The impact of rumors on each stock is different. Rumors are not always increase stock price volatility and clustering. And the changes in volatility pattern due to rumors do not always trigger the stock price movement (trend) to rises or falls. As the result, the strategy implementation of «buy on rumor, sell on news» will be different for each stock and need to be adjusted with the volatility pattern of each stock (asymmetric or symmetric). It creates more uncertainty and risk. But, it also makes more opportunity in stock abnormal return.
Pengaruh Motivasi pada Kinerja Belajar: Pengujian Terhadap Sebuah Model
Nilawati, Levi;
Bimo, I. Dwinanto
International Research Journal of Business Studies Vol. 3 No. 3 (2010): December 2010 - March 2011
Publisher : Universitas Prasetiya Mulya
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DOI: 10.21632/
Academic success predictor consists of cognitive measurement, mental intelligence and noncognitive measurement such as personality traits. The desire to accomplish study on time with satisfying achievement is a motivation to study for students. This impetus is a crucial factor for proactive students to attain academic performance. Even if a student has a high intelligence level,without learning motiviation, he or she most likely will fail. Studies of the influence of proactive personality traits on learning performance have received little attention. This research developed and tested a model linking proactive personality to learning performance through a learning motivation by surveying a sample of 272 economics students from a private university in Jakarta. Results from simple regression showed that proactive personality was related to learning performance and learning motivation. Then, learning motivation was related to learning performance. Hierarchical regression analysis demonstrated that learning motivation wasn’t mediating the relationship between proactive personality and learning performance. Future research direction and practical implication (for business) of the result are discussed.
Manajemen Stratejik Sebagai Proses Manajemen Keterdesakan
Kristamuljana, Sammy
International Research Journal of Business Studies Vol. 3 No. 3 (2010): December 2010 - March 2011
Publisher : Universitas Prasetiya Mulya
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DOI: 10.21632/
Nowadays firms are being confronted with a very different kind of urgency situation than they have ever encountered before. The demand to maximize profit now comes along with a call for social responsibility and the effort to minimize the effect of the climate change. Still, there is not a single text-book on Strategic Management that mentions that the “urgency” management process is more appropriate than the “strategy” management process. Most of the textbook still identify Strategic Management with the strategy management process based on the uniformed steps: “Strategic Analysis, Strategy Formulation, Strategy Implementation, and Strategy Evaluation”. However, in reality, the number of firms that have failed to implement strategy keeps rising. To overcome the limitation of the strategy management process we need the urgency management process. Literature study has identified that there is urgency behind every strategy. The conducted case study research has succeeded in revealing the abovementioned urgency management process. The theory of urgency management process suggests that by managing the seven forces that generate the urgency the strategic leaders can generate the proven strategies to overcome the urgency.
Pengaruh Orientasi Pasar, Intellectual Capital, dan Orientasi Pembelajaran Terhadap Inovasi: Studi Kasus pada Industri Hotel di Jawa Timur
Anshori, Mohamad Yusak
International Research Journal of Business Studies Vol. 3 No. 3 (2010): December 2010 - March 2011
Publisher : Universitas Prasetiya Mulya
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The purpose of this study was to examine direct and indirect effects of the market orientation, intellectual capital, and learning orientation of the managers on innovation as well was as hotel performance. This study was done at in four and five star hotels in East Java. The respondents were General Manager or Executive Members. The respondents were 180 managers of the 23 four and five star hotels in East Java. It was examined by using SmartPLS 1.01 and reliability was checked using SPSS program Version 14.00. The study showsed that there were significant relations between the ability of the managers in understanding of market orientation, intellectual capital, learning orientation on innovation and hotel performance. The performance of four and five hotels performance in East Java is increased when market orientation, intellectual capital, learning orientation and innovation are increased. Those four variables thoroughly influence hotel performance by 76.4%.
Entrepreneurial Marketing for Small and Medium Enterprises (SMEs) Business: An Exploratory Study on Entrepreneurial Performance
Mayasari, Iin;
Wiadi, Iyus;
Maharani, Anita
International Research Journal of Business Studies Vol. 2 No. 1 (2009): April-July 2009
Publisher : Universitas Prasetiya Mulya
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This study is an exploratory study that aims at applying entrepreneurial marketing concepts to identify and understand abilities of small and medium scale businesses to gain performance. Entrepreneurial marketing includes activities to develop and exploit social capital. Entrepreneur performance can be measured by both objective and subjective perspective. Objective perspective is measured using quantitative measurement while subjective perspective is measured by the entrepreneur’s perception on his/her ability to manage the business. Qualitative methodology used in this research was done by interviewing small and medium scale business entrepreneurs.
Contributions of Different Organization Politics Perceptions: Study on Interaction among Perception of Organization Politics, Performance, and Trust on the Role of Compensation
Indartono, Setyabudi
International Research Journal of Business Studies Vol. 2 No. 1 (2009): April-July 2009
Publisher : Universitas Prasetiya Mulya
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DOI: 10.21632/
In order to create a sustainable competitive advantage, companies This paper investigates the contribution of perception of organization politics (PoP) for teacher’s trust building and relation to teacher’s performance. This study was attempted to discern the important features of different perceptions of politics at work environment, on teacher’s trust and performance relationship. We proposed three hypotheses. First hypothesis is teacher’s perception of organizational politics will have negative relationship with teacher’s trust, second is teacher’s trust will have positive relationship with teacher’s performance. The 3rd hypothesis was Trust will act as mediation on teacher’s perception of organization politics and performance relationship. The result of this study showed that both first and second hypotheses were accepted. The teacher’s perception of organizational politics showed negative relationship to trust significantly (r=-0.30, p<.01) and in case of this study, teacher’s trust showed positive relationship to performance significantly (r=0.18, p.<.05). In the case on mediation, trust was fully mediated the relationship between PoP and performance ( =-.222**; ’=-.184), and also trust showed moderated the relationship between PoP and performance. Implication of the findings for organizations and suggestions for future research are discussed.
Pengembangan Implementasi Strategi: Penelitian atas Pola Kerja Cerdas dan Koordinasi untuk Meningkatkan Kinerja Organisasi
Widodo, Widodo
International Research Journal of Business Studies Vol. 2 No. 1 (2009): April-July 2009
Publisher : Universitas Prasetiya Mulya
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DOI: 10.21632/
This study based on reserach gap strategy implementation, namely comitmment and quality communication. Contribution in this study is intervening variable smart working and coordination. The respondents for this research were the 120 executives (from a total of 526 executives) of small banking in Central Java Province. The data were then analyzed using SEM (Structural Equation Model) of AMOS. Finding result of this study indicates that strategy implementation in the effort increasing organization performance of main preference is trought smart working built trought coordination.
Meningkatkan Kualitas Pelayanan di Bank Syariah: Penelitian dengan Fuzzy Servqual dan Dimensi Carter
Astuti, Septin Puji;
Utami, Datien Eriska;
Wilasari, Wiwik
International Research Journal of Business Studies Vol. 2 No. 1 (2009): April-July 2009
Publisher : Universitas Prasetiya Mulya
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DOI: 10.21632/
SERVQUAL was appliedin this study for measuring service quality in Shariah Bank Rakyat Indonesia (BRIS). Due toits shariah characteristic, compliance dimension was integrated into SERVQUAL dimensions and fuzzy theory was integrated for assessing the perception and expectation of customers.T statistic test and GLM modeling was applied to test the significant of the gaps of each item and to understand the dimensions which has more contribution to service quality of the bank.From this research, concludes that the gap was significant statistically. Furthermore, tangibilitydimension was the worst quality of BRIS, but empathy is the best quality
Membangun Strategi 'Low Budget High Impact' di Era New Wave Marketing: Kajian atas Perusahaan-Perusahaan Top Brand 2000-2007
Kodrat, David Sukardi
International Research Journal of Business Studies Vol. 2 No. 1 (2009): April-July 2009
Publisher : Universitas Prasetiya Mulya
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The purpose of this research is to test a new wave marketing phenomena: low budget, high impact marketing. This research uses enterprises which continuously get Top Brand from 2000 to 2007 as a population. Sampling selection is performed based on purposive sampling with object to gain samples according to the research aim. Based on those criteria, there are 19 companies, which have been fulfilling the conditions required. The result reveals that coefficients determinants (R2) is 0,430. It means that 43 percents of independent variables (log sales, business ratio and net profit margin) with significant influence to Top Brand Index. The influential variable to Top Brand Index is Net Profit Margin with positive direction. In other word, the bigger of company’s net profit margin, the bigger of Top Brand Index. It is proofed that winning Top Brands are the brands apply low budget, high impact as phenomena occurred in new wave marketing.