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Articles 9 Documents
Search results for , issue "Vol. 10 No. 2 (2008)" : 9 Documents clear
Ordinary Least Square Vs Fixed Effect Regression Model: Studi Empirik Determinan Kebijakan Dividen pada Perusahaan-Perusahaan yang Terdaftar di Bursa Efek Indonesia (BEI) Caecilia Wahyu E.R.
Sinergi: Kajian Bisnis dan Manajemen Vol. 10 No. 2 (2008)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/js.v10i2.3810

Abstract

This research analyzes determinants of corporate dividend policy in Indonesia Stock Exchange (IDX). This research hypothesizes that four financial ratios, which are dividend yield, ROA (return on assets), leverage and PBV (price-to-book value ratio) are determinants of corporate dividend policy.Samples of 25 firms, which are included in many sectors, are all fulfilling data completeness criteria. Research periods are from 2002 until 2006. A balanced panel data study technique is employed to analyze determinants of corporate dividend policy in Indonesia Stock Exchange (IDX). There are two models to estimate regression model used in this research, that is usual Ordinary Least Square (OLS) regression model and the Fixed Effects (FE) or Least Squares Dummy Variable (LSDV) regression model.The study documented that dividend yield, return on assets and leverage have positive effect to dividend payment significantly based on OLS model. Otherwise FE model found dividend yield is the only variable that statistically significant influence dividend payment. The better model to predict determinants of corporate dividend policy is FE model. FE model has higher R-squared value and Durbin-Watson d value than OLS model. In addition, FE model can explain this issue clearly and specifically.Keywords: dividend policy, dividend yield, ROA, leverage, PBV.
Analisis Preferensi Konsumen terhadap Paket Atribut Spesifikasi Produk Sebagai Compromise Effect terhadap Pembelian Notebook Albari, Dewi Amalia
Sinergi: Kajian Bisnis dan Manajemen Vol. 10 No. 2 (2008)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/js.v10i2.3804

Abstract

Penelitian ini bertujuan menguji perbedaan preferensi konsumen dan perbedaan tingkat kepentingan atribut paket spesifikasi sebagai compromise effect berdasarkan karakteristik konsumen pada pembelian notebook di Yogyakarta dengan menggunakan uji nonparametik chi-square. Sampel yang digunakan adalah 96 responden dengan lokasi penyebaran di kampus, distributor computer dan tempat-tempat umum. Hasil studi menunjukkan terdapat fenomena compromise effect di antara tiga paket spesifikasi atribut notebook yang diteliti dan monitor notebook merupakan atribut dengan tingkat kepentingan konsumen yang paling tinggi. Di samping itu, terdapat perbedaan yang signifkan untuk preferensi konsumen berdasarkan pada karakteristik gender konsumen.Kata kunci: compromise effect, preferensi, kepentingan atribut.
Pengaruh Motivasi terhadap Pembelian Telepon Selular Murwanto Sigit
Sinergi: Kajian Bisnis dan Manajemen Vol. 10 No. 2 (2008)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/js.v10i2.3811

Abstract

The competition among brands in mobile phone market is getting tight. Dominant players such as Nokia, Erricson, Motorolla, and Siemens now is being challenged by new players which offer a lower price with more attractive design. The purpose of this study is to analyze the effect of price, service availability, technology, and consumer self expression on the motivation to purchase Nokia mobile phone. Another objective is to determine whether there is a significant difference between male and female consumer on each factor. As many as 100 respondents are chosen from Economic Faculty UII students. So far, students is one of potential consumers for Nokia. Multiple regression and test of mean difference has been utilized to analyze data. The result shows that service and technology is significant, meanwhile price and consumer self expression is not significant. This result confirms the current image of Nokia as a good quality brand with stable market. There is significant different between man and woman consumers in all factors.Keywords: service availability, service technology, self expression, motivation
Marketing Perspective: Product Counterfeiting Dilemma Anas Hidayat
Sinergi: Kajian Bisnis dan Manajemen Vol. 10 No. 2 (2008)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/js.v10i2.3805

Abstract

Kawasan Negara-negara Asia telah menjadi tertuduh utama bisnis pembajakan produk. Di kawasan ini nampaknya tidak ada produk yang memiliki reputasi bebas dari pem-bajakan, mulai dari produk makanan sampai produk tehnologi canggih (Johnson, 2001/2002). Namun bukan berarti Negara kawasan Asia tidak memiliki niat baik membrantas bisnis ini, misalnya Indonesia telah meluncurkan produk hukum HaKI pada tahun 2000, China mengi-jinkan pelaku bisnis pemegang merek membentuk asosiasi (the Quality Brand protection Committee atau QBPC) dalam upaya memantau produk bajakan. Ketidakefektifan pem-brantasan karena belum adanya sebuah tindakan yang terpadu antar negara akibat perbe-daan cara pandang HaKI. Akibatnya Hukum dan peraturan tidak membuat jera pelaku bahkan menciptakan strategi baru bagi pembajak bagaimana mengindari produk hukum dan aturan tsb. (Johnson, 2001/2002). Hasilnya, bisnis bidang ini tetap subur di Asia.Dilemma di atas membangkitkan kesadaran peneliti dengan melihatnya dari berbagai sudut pandang keilmuan. Penelitian pembajakan produk yang dikaitkan dengan disiplin ilmu pemasaran memang sudah dilakukan, baik sisi permintaan maupun sisi pena-waran (Chaudhry and Walsh, 1996; Phau et al. 2000); and Miller, 1999). Akan tetapi, mes-kipun penelitian di bidang pembajakan produk sudah mulai menadapatkan apresiasi dari pa-ra ahli, penelitian yang dikaitkan dengan ilmu pemasaran masih tergolong baru, dan hasilnya masih bersifat sporadis, belum menemukan konsep teori yang kuat, baik penelitian pada sisi permintaan maupun sisi penawaran produk. Dengan demikian, banyak ahli setuju bahwa penelitian di bidang pemasaran dikaitkan dengan produk bajakan belum menemukan bentuk yang kuat untuk memetakan bisnis produk bajakan. Karenanya, penelitian di bidang ini masih ter-buka lebar.Keywords: Product counterfeiting, Demand side studies, supply side studies, counterfeiting strategies, and anti-counterfeiting strategies.
Performance Measurement: A Stakeholder Approach Niki Lukviarman
Sinergi: Kajian Bisnis dan Manajemen Vol. 10 No. 2 (2008)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/js.v10i2.3813

Abstract

It is important that companies maintain their contractual relationships with their stakeholder groups. Therefore, a company’s strategy needs to accommodate these relation-ships and, consequently, there is a need for appropriate performance measurement to deter-mine how well the company serves its stakeholders. Based on a literature review, this paper seeks to observe current performance measurement models from the view of stakeholder theo-ry. Although broader performance measurement models have been introduced in response to the existence of stakeholders, these models still rely on financial indicators as primary measures whilst using operational indicators as complementary measures. However, these measures have recognized the importance of business performance not only to measure cur-rent outcomes, but also to influence future outcomes. Problems in implementing broader measures of performance include identification of relevant variables, relating action and re-sults, and translation of projects and activities into measurable terms.Keywords: stakeholder, performance measurement, maintaining quality
The Use of Market Orientation As an Effective Approach in Winning and Sustaining Market Asmai Ishak
Sinergi: Kajian Bisnis dan Manajemen Vol. 10 No. 2 (2008)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/js.v10i2.3806

Abstract

When Asia becomes an integrated market, it means two things for companies op-erating in it. Firstly, they will have much bigger market, but secondly they will have many new competitors to win the market. The question is, especially for Indonesian companies, are they ready to compete in such more global market? This simple question arises from the reality that most of Indonesian companies are not able to compete with foreign ones. The main reason for this incompetence is that many Indonesian managers tend to ignore customers’ needs, and presume that the market will absorb whatever they produce. In current business environment, information technology enables consumers to be well informed, and to select what they want. Only satisfying customer is not enough in today’s business environment. This paper discusses the importance of the adoption of market orientation for Indonesian companies to face the en-vironmental changes resulting from Asian as an integrated market.Keywords: market orientation, integrated market, competition
Pengaruh Sikap Patuh Hukum, Sikap terhadap Legalitas Pembelian, dan Kinerja Produk terhadap Minat untuk Membeli CD Bajakan Bermerek Yazid, Muchsin Muthohar
Sinergi: Kajian Bisnis dan Manajemen Vol. 10 No. 2 (2008)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/js.v10i2.3815

Abstract

‘The reasoned-action theory’ states that consumer behavior may reflex either individual attitude towards behavior and individual behavior concerning subjective norms. This research is aim to identify the influence of law conformity, attitude towards purchase legality, and the performance of pirated compact disk (CD) product on the consumers’ intention to buy pirated-branded CD. As many as 500 respondents were taken from five universities in Yogyakarta by quota-convenience sampling method. Regression analysis shows that those three variables simultaneously affect the dependent variables. Its individual affect, however, is different. Law conformity, and attitude towards purchase legality do not affect the dependent variable, meanwhile the performance of CD affect it. Paying attention on the level consumption status of responden, it is found that price and availabity of CD is more important than prestige. In addition, demographic analysis shows that consumption status, group, tradition, and religion do not affect the motivation on purcahsing CD.Keywords: behavior, attitude, subjective norm, pirated-branded CD
Governance di Lingkungan Usaha Kecil Menengah Studi Empiris Pada Usaha Kecil Menengah di Propinsi DIY Audita Nuvriasari; Uning Hadiyati
Sinergi: Kajian Bisnis dan Manajemen Vol. 10 No. 2 (2008)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/js.v10i2.3807

Abstract

This study examines the implementation of good governance in Small Medium Sized Enterprises (SMEs). The specific purposes of this study are to analyzing: (1) the implementation of governance’s perspective: structure, mechanism, legal framework, regulations and business environment, (2) the perception of stakeholders (financial institutions) to the implementation of corporate governance in SMEs, (3) the differences of governance’s implementation in small business and medium business, (4) the differences of SMEs performance and (5) the relationship between corporate governance and firm performance.A sample of 60 SMEs and 10 financial institutions as stakeholders was used in this study. The tools that used in this study are: statistic descriptive, quartile, significant mean differences between two groups, regression and correlations. From this study can be concluded that the implementation of good corporate governance in SMEs are poor (score 0.3798 less than 0.50). Only 15% SMEs implementing corporate governance in good level and 85% in poor level. From statistic descriptive can be shown that the implementation of governance structure which consists of organizational structure and internal business process is weak to support the good corporate governance in SMEs. The governance mechanism which consists of corporate strategy, corporate policy and standard operating procedure can support the implementation of good corporate governance in SMEs. External forces including government regulation, business environment and legal framework is weak to support the implementation of good corporate governance in SMEs. From the comparison can be shown that there is no difference between the implementation of corporate governance in Small and Medium business. The business performance between Small and Medium business is different and there is a positive correlation between corporate governance and firm performance.Keywords: Small Medium Sized Enterprises, Good Corporate Governance, governance structure, governance mechanism, external forces
Effect of Supervisor’s Role in Training Programs and Motivation to Learn As a Predictor of Job Performance Azman Ismail; Larry M. Dooley; Sheela Chitra Chandra Segaran
Sinergi: Kajian Bisnis dan Manajemen Vol. 10 No. 2 (2008)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/js.v10i2.3809

Abstract

Training research literature highlights that the ability of supervisors to play proper roles in training programs may directly increase job performance. More importantly, extant research in this field reveals that the effect of supervisor’s role in training programs on job performance is indirectly affected by motivation to learn. The nature of this relationship is less emphasized in training management literature. Therefore, this study was conducted to measure the effect of supervisor’s role in training programs and motivation to learn on job performance using 100 usable questionnaires gathered from technical employees who have worked in one city based local authority in Sarawak, Malaysia (MSCLAS). Outcomes of step-wise regression analysis showed that relationship between motivation to learn and supervisor role characteristics (i.e., support and communication) positively and significantly correlated with job performance. This result confirms that motivation to learn does act as a full mediat-ing role in the training model of the studied organization. Implications of this study to training management theory and practice, methodological and conceptual limitations, as well as future directions are discussed.Keywords: supervisor’s role in training programs, motivation to learn, job performance

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