cover
Contact Name
Deni eko saputro
Contact Email
061002218@uii.ac.id
Phone
+62274-881546
Journal Mail Official
editor.jsb@uii.ac.id
Editorial Address
Management Development Centre (MDC) Faculty of Business & Economics, Universitas Islam Indonesia Condongcatur, Depok, Sleman, Yogyakarta
Location
Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
Jurnal Siasat Bisnis
ISSN : 08537666     EISSN : 25287001     DOI : https://doi.org/10.20885/jsb
Core Subject : Science, Social,
Jurnal Siasat Bisnis (JSB) is a peer review journal published twice a year (January and July) by Management Development Centre (MDC)-Department of Management, Faculty of Economics, Universitas Islam Indonesia. JSB) addresses the broad area of management science and its applications in industry and business. It is particularly receptive to research relevant to the practice of management within the emerging regions and its effects beyond. It covers studies on how management work is done (descriptive) and/or should be done (normative) in diverse organisational forms, either in profit or non-profit firms, private or public sector institutions, or formal or informal social networks. We welcome qualitative studies with high-quality, rigorous methods, and strong impact on the field. Topics covered include, but not strictly limited to: 1. Business and management strategy 2. Marketing management 3. Operations management 4. Computing and technology management 5. Finance and investment management 6. Innovation and knowledge-based management 7. Entrepreneurship 8. Organisational behaviour and people management 9. Corporate social responsibility 10. Islamic business and management
Articles 375 Documents
VAR Portfolio Optimal: Perbandingan Antara Metode Markowitz dan Mean Absolute Deviation R. Agus Sartono; Arie Andika Setiawan
Jurnal Siasat Bisnis Vol. 11 No. 1 (2006)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

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Abstract

Portfolio selection method which have been introduced by Harry Markowitz (1952) used variance or deviation standard as a measure of risk. Kanno and Yamazaki (1991) introduced another method and used mean absolute deviation as a measure of risk instead of variance. The Value-at Risk (VaR) is a relatively new method to capitalized risk that been used by financial institutions. The aim of this research is compare between mean variance and mean absolute deviation of two portfolios. Next, we attempt to assess the VaR of two portfolios using delta normal method and historical simulation. We use the secondary data from the Jakarta Stock Exchange – LQ45 during 2003. We find that there is a weak-positive correlation between deviation standard and return in both portfolios. The VaR nolmal delta based on mean absolute deviation method eventually is higher than the VaR normal delta based on mean variance method. However, based on the historical simulation the VaR of two methods is statistically insignificant. Thus, the deviation standard is sufficient measures of portfolio risk.Keywords: optimalisasi portofolio, mean-variance, mean-absolute deviation, value-at-risk, metode delta normal, metode simulasi historis
PENGARUH PROFITABILITAS, SIZE TERHADAP NILAI PERUSAHAAN DENGAN SRUKTUR MODAL SEBAGAI VARIABEL INTERVENING Sri Hermuningsih
Jurnal Siasat Bisnis Vol. 16 No. 2 (2012)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

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Abstract

Abstract This study investigates the impact of profitability and firm size on firm value with capital structure as an intervening variable of Indonesian public listed firms over the period of 2006 to 2010. Using panel data and Structural Equation Model analysis, this study finds that profitability has negative influence on capital structure, with a significance value 0.023. Second, firm size has positive influence on capital structure with a significance value 0.012. Third, capital structure has positive influence on firm size with a significance value 0.000. Fourth, profitability and firm size have indirect effect on firm value with capital structure as an intervening variable.Keywords: profitability, firm size, capital structure, firm value.AbstrakStudi ini mengkaji dampak profitabilitas dan ukuran perusahaan terhadap nilai perusahaan dengan struktur modal sebagai variabel intervening pada perusahaan tercatat di Bursa Efek Indonesia selama periode 2006 sampai dengan 2010. Menggunakan panel data dan Analsis Structural Equation Model, penelitian ini menemukan bahwa profitabilitas berpengaruh negatif terhadap struktur modal, dengan nilai signifikansi 0,023. Kedua, ukuran perusahaan berpengaruh positif terhadap struktur modal dengan nilai signifikansi 0,012. Ketiga, struktur modal berpengaruh positif terhadap ukuran perusahaan dengan nilai signifikansi 0,000. Keempat, profitabilitas dan ukuran perusahaan memiliki pengaruh tidak langsung terhadap nilai perusahaan dengan struktur modal sebagai variabel intervening.Kata kunci: profitabilitas, ukuran perusahaan, struktur modal, nilai perusahaan.
Service yang Berkualitas Yazid Yazid
Jurnal Siasat Bisnis 2005: Edisi Khusus (Pemasaran)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

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Abstract

Setiap manajer dituntut untuk dapat melaksanakan proses service delivery secara efektif dan efisien. Akan tetapi pelaksanaan prinsip ini jauh lebih kompleks. Hal ini dikarenakan service itu intangible, sehingga kon¬sumen memerlukan fasilitas-fasilitas tangible agar mereka dapat menilai seberapa berkualitaskah service yang mereka terima. Agar eksekusi service yang berkulitas efektif dan efisien, para manajer perlu merumuskan visi kualitas service, bagaimana seharusnya mengukur, menetapkan objektif kualitas service, memonitor dan melaku¬kan kontrol, serta mengevaluasi kualitas service. Ini demikian karena kinerja dari fasilitas-fasilitas tangible terse¬but dan pandangan konsumen tentang service yang berkualitas dapat saja menghasilkan efek persepsi tentang kualitas yang beragam, bergantung kepada factor-faktor yang bisa dan tidak bisa dikontrol yang melingkupi proses delivery dimaksud. Semua pengukuran di atas diperlukan agar manajer bisa merealisasikan prinsip do it right the first time. Prinsip ini perlu dipegang teguh karena service yang tidak berkualitas ternyata mengakibatkan pemborosan waktu dan biaya.Para manajer harus paham bahwa proses eksekusi service yang berkualitas tidak saja melibatkan aspek teknis, akan tetapi juga aspek-aspek strategis dan nonteknis lainnya yang lebih luas. Kata kunci: service yang berkualitas.
PENGARUH WORK-FAMILY CONFLICT PADA KEPUASAN DALAM BEKERJA SERTA DAMPAKNYA PADA KINERJA DAN NIAT UNTUK KELUAR DARI PEKERJAAN Wisnu Prajogo
Jurnal Siasat Bisnis Vol. 17 No. 1 (2013)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jsb.vol17.iss1.art9

Abstract

AbstractThis research examined the influence of work-family conflict to job satisfaction, also the influence of job satisfaction to performance and intention to leave. Survey conducted on 128 found several findings. First, work family conflict has negative influence to job satisfaction. Second, job satisfac¬tion has posi¬tive influence to performance. Third job satisfaction has negative influence to intention to leave.Keywords: work-family conflict, job satisfaction, job performance, intention to leave.AbstrakRiset ini meneliti pengaruh work-family conflict pada kepuasan dalam bekerja, serta pengaruh kepuasan dalam bekerja pada kinerja dan niat untuk keluar dari pekerjaan. Penelitian yang dilaku¬kan pada 128 karyawan bank menghasilkan beberapa temuan. Pertama, work-family conflict ber¬pengaruh negatif pada kepuasan kerja. Kedua, kepuasan kerja berpengaruh positif pada kinerja. Ketiga, kepuasan kerja berpengaruh negatif pada niat untuk meninggalkan pekerjaan.Kata kunci: work-family conflict, kepuasan kerja, kinerja, niat untuk meninggalkan pekerjaan.
The Interaction Effects of Top Management Team Attributes and Environment on Organizational Growth D. Agus Harjito; Zunaidah Sulong
Jurnal Siasat Bisnis Vol. 1 No. 10 (2005)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

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Abstract

This paper attempts to explore how TMT (Top Management Team) attributes interact with environment dimensions to influence organizational growth. Specifically, this study will examine environmental dimensions as a potentially important moderator of the association between TMT attributes and organizational growth. However, the overall findings provide mixed results for the hypotheses tested. The results of direct effect show that: (1) organizational growth exhibits a significant positive relationship with TMT tenure; (2) TMT functional heterogeneity is insignificant with no change in the variance of organizational growth; and (3) positive but insignificant relationship between industrial heterogeneity and organizational growth. Furthermore, the interaction effect results indicate that: (1) as munificence increases, the relationship between TMT tenure and organizational growth shows increasingly positive; (2) concentration, dynamism and munificence moderate the relationship between TMT functional heterogeneity and organizational growth; (3) finally, the interaction effect also provide mixed results, such: as environment concentration increases, the relationship between TMT industrial heterogeneity and organizational growth increases positively; by contrast, as environment dynamism increases, the relationship between TMT industrial heterogeneity and organizational growth increases negatively; while the interaction between TMT industrial heterogeneity and environment munificence is not significant to explain the organizational growth.Key words: Organization growth, environment, management team.
KEBERHASILAN HOTEL BERWAWASAN RAMAH LINGKUNGAN DI ASIA-PASIFIK: FAKTOR PENDORONG APAKAH YANG DOMINAN? Cut Irna Setiawati; Palti Sitorus
Jurnal Siasat Bisnis Vol. 18 No. 1 (2014)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jsb.vol18.iss1.art5

Abstract

Saat ini bidang operasional hotel ditekankan untuk lebih memperhatikan isu lingkungan karena dampak kerusakan yang ditimbulkan dari aktivitas perhotelan meningkat dan penggunaan jumlah sumber daya alam yang besar. Namun dalam penerapannya tergantung faktor pendorong antara lain government, customer demand, level of competition, greenness at the organizational level dan attitude toward change. Tujuan dari penelitian ini: (1) mendeskripsikan faktor pendorong dalam penerapan operasional hotel berwawasan ramah lingkungan; dan (2) menemukan faktor dominan penerapan operasional hotel ramah lingkungan pada kawasan Asia dan Pasifik secara spesifik. Berdasarkan tujuan, jenis penelitian ini adalah eksploratif. Teknik analisis dilakukan secara analisis isi (content analysis), analisis-sintesis serta model data reduction, data display dan conclusion drawing/verification. Hasil penelitian menunjukkan bahwa kelima faktor pendorong terdapat pada seluruh objek hotel ramah lingkungan dengan tingkat kekuatan mendorong yang berbeda. Selain itu, diperoleh faktor dominan holistic environmental practices-driven, resort-driven dan government-driven pada kawasan Asia dan Pasifik.Kata kunci: Operasional, Faktor Pendorong, Kinerja Lingkungan.
Market Reaction to International Investment Announcements of Malaysian Firms: Illusion or Reality Bany Ariffin; D. Agus Harjito
Jurnal Siasat Bisnis Vol. 1 No. 9 (2004)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

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Abstract

This research substantiates evidence on the efficiency of one of the fastest developing and largest emerging securities market (Kuala Lumpur Stock Exchange) in the Asia Pacific rim with respect to foreign investment announcements. Specifically, in this study we are interested in finding out whether or not: (1) foreign investment announcement is relevant information and market reacts toward it and (2) what forms of market reaction does this information produce. Our study focuses on international investment announcements made in 1990 through 2000 for firms listed on the main board of the Kuala Lumpur Stock Exchange (KLSE) of Malaysia. The result shows that the announcements of foreign investment produce a significant positive daily abnormal return surrounding the event period. This implies that foreign investment announcements do contain new relevant information and thus move the market. In addition, investors also generally react favorably to the international investment efforts of Malaysia firms listed at KLSE. This is evidenced by the significant positive reaction of the market to announcement of investments in foreign countries. The t-statistic for the fourteen days, prior and fourteen days after the announcement indicate non-significance abnormal returns. Since none of the abnormal return is statically significant for each one of the fourteen days before and after the event period, it seems that the market reflects this new information (foreign investment announcements) rather efficiently.Keywords: market reaction, international investment announcement, relevant information.
How does gift with purchase influence your satisfaction in online buying? Ami Luki Andrian; Rokhima Rostiani
Jurnal Siasat Bisnis Vol 25, No 2 (2021)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jsb.vol25.iss2.art8

Abstract

Purpose – This study tries to examine the effectiveness of gift with purchase when utilized in a social media platform, measured through several variables: perceived usefulness, perceived quality, perceived ingenuity, and perceived cost. We believe that gift with purchase evoke a sense of surprise that leads individual to feel happier thus connects the effectiveness with happiness that subsequently influence individual loyalty.Design/methodology/approach – An online survey was conducted on 207 users of social media platforms for at least six months and received free gift with purchase.Findings – Perceived usefulness and perceived quality significantly influence happiness towards gifts with purchases. Perceived usefulness and perceived quality served as two important predictors for happiness. When consumers perceived they receive more values and benefits and good quality of the gift, their happiness will be significantly higher. Further, this study showed that happiness is a significant predictor for purchase satisfaction. When consumers are happy with their purchase, they report a higher satisfaction level on their buying decision and a particular seller's social media choice.Research limitations/implications – Results of this study have limited generalization due to sample’s characteristics. Further, this study did not differentiate between type of products such as hedonic or utilitarian that might influence how gift with purchase is perceived.Practical implications – This study provides insight into sellers participating in online shopping through social media to improve promotion strategy. Managers needs to show the information regarding usefulness and quality of free gift with purchase to their customers, thus showcasing the serious effort to keep consumer happy and satisfied.Originality/value – The inclusion of happiness variable is scant in research that tries to investigate the effect of gift with purchase and satisfaction. Although rare, happiness is closely related to gift with purchase that are free of charge and thus provide fresh insight on how satisfaction is created.
ANALISIS LINGKUNGAN INDUSTRI DAN FORMULASI STRATEGI: STUDI PENGEMBANGAN INSTITUSI RUMAH SAKIT Dudi Permana; Niki Lukviarman
Jurnal Siasat Bisnis Vol. 16 No. 1 (2012)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

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Abstract

Studi ini bertujuan untuk menganalisis lingkungan industri dalam hubungannya dengan formulasi strategi sebagai bagian dari proses manajemen stratejik, di dalam pengembangan institusi rumah sakit. Identifikasi dilakukan terhadap berbagai faktor lingkungan industri rumah sakit, dengan karakteristik sebagai sektor publik yang tidak hanya melaksanakan fungsi pelayanan kesehatan masyarakat, namun juga mempunyai fungsi pendidikan dan penelitian. Dengan menggunakan data sekunder maupun primer terhadap Rumah Sakit X, dapat diidentifikasi berbagai hal terkait dengan lingkungan spesifik industri rumah sakit untuk penyusunan formulasi strategi. Studi ini merekomendasikan tiga hal terkait penguatan strategi Rumah Sakit X; (a) optimalisasi fungsi penelitian dan pengembangan, (b) efektifitas pengelolaan sumber daya keuangan, serta (c) program terstruktur terhadap pengembangan sumber daya manusia. Selanjutnya, direkomendasikan agar organisasi memilih strategi penetrasi pasar dan pengembangan produk.Keywords; Lingkungan Industri, Formulasi Strategi, Keunggulan Kompetitif, Penetrasi Pasar
Resensi Buku: Organization Strategy, Structure, and Process Ayi Ahadiyat
Jurnal Siasat Bisnis Vol. 1 No. 8 (2003)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

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Abstract

Book ReviewJudul Buku    : Organization Strategy, Structure, and ProcessPenulis    : Raymond E. Miles and Charles C. SnowPenerbit     : McGraw-Hill Kogakusha, Ltd (International Student Edition), Tokyo,  274 hlm.Tahun    : 1978