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
Karakteristik dewan komisaris dan manajemen laba: bukti pada peristiwa penawaran saham perdana Doddy Setiawan
Jurnal Siasat Bisnis Vol 22, No 2 (2018)
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.vol22.iss2.art4

Abstract

This research aims at examining the effect of board of commissioners characteristics on earnings management in the context of Initially Public Offering (IPO). There are five characteristics of board of commissioners, including: board of commissioners size, percentage of independent commissioners, female commissioners, age and tenure of board of commissioners. Sample of the study consist of 161 non-financial firms that engage in IPO during 2001 – 2016 periods. The result of the study shows female commissioners, independent commissioners, board commissioners size and tenure have no significant effect on earnings management. However, age provide significant effect to mitigate earnings management during IPO. Commissioners with higher age have effectively reduce earnings management. The commissioners use their experience to mitigate earnings management. Further, the study divide sample of the study into larger firms and smaller firms. The result shows that female commissioners and board of commissioners size have negatif effect on earnings management. However, independent commissioners might not have effectively monitor earnings management. Further, age and tenure of the board of commissioners have no significant effect on earnings management in larger firms. The study find that independent commissioners and age have effectively mitigate earnings management in the smaller firms that conducted IPO. Therefore, it is important to consider size of the firm to analyze the effect of board of commissioners characteristics on earnings management during IPO process.
PENGGUNAAN LEVERAGE PADA PERUSAHAAN: PERBEDAAN ANTARA CEO PRIA DAN WANITA Farida Titik Kritanti
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

AbstractVarious studies show that women are more risk averse in making decisions and better long-term oriented. Women would rather risk averse than men, making it less likely they will use debt in their capital structure, since by increasing debt increases the risk of the company's financial means. This study want to test whether gender became a significant factor in financial leverage, to see whether there are differences in policy between the company's leverage, led by men and women. Financial leverage is used as a measure of corporate risk because these variables can be changed by the CEO. Data from companies listed on the Jakarta Stock Exchange as sample. The results showed that there were differences in leverage between firms that have a men CEO with the women CEO of a company. Men CEO use more debt than the women CEO. But for the performance measured by ROI, obtained different results for the type of industry studied. For the consumer goods industry, there are performance differences between the men CEO and the women. But for the internet service industry and enamel kitchen showed no performance difference between women CEO with men CEO.Key words: leverage, woman CEO, man CEO, performanceAbstrakBerbagai penelitian menunjukkan bahwa wanita lebih risk averse dalam mengambil keputusan dan lebih berorientasi jangka panjang. Wanita lebih suka menolak risiko dibandingkan pria, sehingga kecil kemungkinan mereka akan menggunakan hutang dalam struktur modalnya, karena dengan menambah hutang berarti memperbesar risiko keuangan perusahaan. Penelitian ini ingin menguji apakah jender menjadi faktor yang cukup signifikan dalam financial leverage, dengan melihat apakah ada perbedaan dalam kebijakan leverage antara perusahaan yang dipimpin oleh pria dan wanita. Financial leverage dipakai sebagai ukuran risiko perusahaan karena variabel ini bisa diubah oleh CEO. Sampel menggunakan data dari perusahaan yang listed di Jakarta Stock Exchange. Hasil penelitian menunjukkan bahwa ada perbedaan leverage antara perusahaan yang memilki CEO pria dan perusahaan dengan CEO wanita. CEO Pria menggunakan rata-rata hutang lebih banyak dibandingkan dengan CEO wanita. Namun untuk kinerja yang diukur dengan ROI, diperoleh hasil yang berbeda untuk jenis industri yang diteliti. Untuk industri consumer goods, ada perbedaan kinerja antara CEO wanita dan CEO Pria. Namun untuk industri internet service dan enamel kitchen menunjukan tidak ada perbedaan kinerja antara CEO wanita dengan CEO Pria.Kata kunci: leverage, CEO wanita, CEO pria, kinerja
Efficiency analysis of telecommunications companies in Southeast Asia using Stochastic Frontier Analysis (SFA) method Riko Hendrawan; Gayuh T Permana; Kristian WA Nugroho
Jurnal Siasat Bisnis Vol 23, No 2 (2019)
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.vol23.iss2.art3

Abstract

This study aims to analyze the efficiency of telecommunications companies and find out the variables of efficiency of telecommunications companies in Southeast Asia in the period of 2008-2017 involving 14 telecommunications operators using the Stochastic Frontier Analysis method. The results of these studies show that the telecommunications companies in Southeast Asia still had room to improve their profit efficiency scores for 0,984 – 0,689 = 0.295. Furthermore, the results show that input variables such as Personal, capex and opex have a positive effect on the value of efficiency which means that each increase in the variable Capex, Opex and Personal Expenses will have an impact in increasing the value of efficiency Whereas the total assets have negative effects on the efficiency value of telecommunications operators. Output variables consisting of revenue, subscribers and ARPU have a significant effect on the value of efficiency. These three output variables in the SFA measurement method have a positive influence on the efficiency of telecommunication operators. Inflation used as an environmental variable in measuring the efficiency of telecommunication operators shows that it does not have a significant impact on the efficiency value of telecommunications operators.This study aims to analyze the efficiency of telecommunications companies and find out the variables of efficiency of telecommunications companies in Southeast Asia in the period of 2008-2017 involving 14 telecommunications operatorsusing the Stochastic Frontier Analysis method. The results of these studies show that the telecommunications companies in Southeast Asia still had room to improve their profit efficiency scores for 0,984 – 0,689 = 0.295. Furthermore, the results show that input variables such as Personal, capex and opex have a positive effect on the value of efficiency which means that each increase in the variable Capex, Opex and Personal Expenses will have an impact in increasing the value of efficiency Whereas the total assets have negative effects on the efficiency value of telecommunications operators.Output variables consisting of revenue, subscribers and ARPU have a significant effect on the value of efficiency. These three output variables in the SFA measurement method have a positive influence on the efficiency of telecommunication operators. Inflation used as an environmental variable in measuring the efficiency of telecommunication operators shows that it does not have a significant impact on the efficiency value of telecommunications operators.
KONSENTRASI PARTAI POLITIK DAN OPINI LAPORAN KEUANGAN DAERAH: KEGAGALAN RESEP ATAU SUBSTANSI? Salamah Wahyuni
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.art10

Abstract

AbstractThe paper investigates the relationship between voting power of political party in local parliament and auditor opinion of local government financial statement. Using a 2009 dataset consisting of 383 local government financial statements, the paper borrows agency framework to advancing a testable hypotheses predicting that voting power affects the auditor opinion. The analysis fails to gain empirical confirmation to support hypotheses. All voting variables are insignificantly related auditor opinion. Yet some findings are worth of future research. First, the incident of learning factor seems to exist on political party. Secondly, the local government in Java is less likely to have fair opinion that contradicts the monitoring argument from geographical point of view. However, the analysis might suffer from linearity and endogeneity issues so that a due care is required to interpret the finding of the results.Keyword: voting right, blockholder, political party, local government, agency theory, auditor opinion.AbstraksiPenelitian ini membahas hubungan antara kekuatan suara partai politik di dewan perwakilan rakyat daerah dan opini auditor atas laporan keuangan pemerintah daerah. Dengan menggunakan data set tahun 2009 yang berisi 383 laporan keuangan pemda, penelitian ini merujuk pada agensi teori sebagai dasar pembentukan hipotesis yang memprediksi bahwa kekuatan suara partai politik akan mempengaruhi laporan keuangan. Hasil analisa gagal dalam mendukung hipotesis karena semua variabel voting secara insignifikan mempengaruhi opini. Namun demikian terdapat beberapa petunjuk yang berharga untuk dijadikan dasar dalam penelitian selanjutnya. Pertama, terdapat faktor pembelajaran dalam partai politik. Ke dua, pemda yang berada di jawa lebih mungkin mendapatkan opini selain wajar. Hal in tentu saja berlawanan dengan perkiraan yang bersumber dari hipotesis monitoring. Selanjutnya, penelitian ini meninggalkan masalah linearitas dan endogenitas dan oleh karena itu hasil temuan harus diintepretasikan secara hati-hati.Kata Kunci:voting right, blockholder, political party, local government, agency theory, auditor opinion.
Apakah Demografi dan Mentor Masih Penting dalam Menentukan Kesuksesan Karier Pegawai? Roosemarina A. Rambe
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

Demographic variables and mentor are known to be related to objective and subjective career success, especially to banking employees. The research objectives are to know the career success of banking employees and to know the relationship between objective career success (salary) and subjective career success (career satisfaction) with the demographic variables (age, sex, education, and marital status) and mentor. The respon¬dents are banking employees in Bengkulu city who have two years work experiences.  Using canonical analysis, it proves that demographic variables and mentor are related to salary and career satisfaction. However, based on canonical loading, out of 5 independent variables, only age, marital status and sex are significant related to salary and career satisfaction.Keyword: objective career success, subjective career success, salary, career satisfaction, demography, mentor.
Investigating Muslim non-consumers’ intention to use Islamic bank: perceived social value (PSV) and awareness Ery Dwi Pantari; Hendy Mustiko Aji
Jurnal Siasat Bisnis Vol 24, No 2 (2020)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

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Abstract

As a country with the largest Muslim population in the world, Indonesia has a greater market opportunity for Islamic bank than the conventional. When it compares with other Islamic countries, the market share of Islamic banks is still less appealing. This situation is certainly an interesting problem to be researched. The purpose of this study is to examine the influence of subjective norms, awareness, perceived values, attitudes, and intentions to use Islamic banks based on the Theory of Planned Behavior. This study uses quantitative approach where the data is gathered by distributing the online and offline questionnaires. In total, there are 575 respondents collected. This study finds that Muslim non-customers’ intention to use Islamic banks is strongly affected by subjective norms, awareness, and attitudes. It is also found that perceived social value (PSV) does not significantly affect intention to use Islamic banks. This study argues that using Islamic bank is not something ‘special’ to gain social acceptance or positive image in society. It is also supported by the fact that most Muslims in Indonesia do not use Islamic banks.
PENGARUH KEPERCAYAAN DAN KEPUASAN TERHADAP MEREK PADA NIAT MEMBELI ULANG Five Sulistyani Rosannah
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.art6

Abstract

Tujuan penelitian ini adalah untuk mendemonstrasikan pengaruh kepercayaan dan kepuasan merek pada evaluasi konsumen pada ritel dan niat membeli ulang. Pada penelitian ini, model Zboja dan Voorhees (2006) digunakan sebagai model konfirmasi. Model tersebut dikembangkan dan diuji menggunakan Structural Equation Modeling (SEM), khususnya ketika menguji pengaruh langsung dan mediasi. Model yang diajukan dalam penelitian ini meliputi lima dimensi (kepercayaan merek, kepuasan merek, kepercayaan ritel, kepuasan ritel, dan niat membeli uang). Konsumen produk sampo menjadi responden untuk penelitian ini. Perangkat lunak AMOS 6.0 digunakan untuk menganalisis model penelitian. Terdapat delapan hipotesis yang bisa dikembangkan dalam penelitian ini dan seluruh hipotesis terdukung sehingga model Zboja dan Vorhees (2006) dapat digeneralisasi pada produk-produk convenience. Berdasarkan temuan yang muncul, peneliti berpandangan bahwa para manajer pemasaran harus menyadari persepsi merek yang ditransfer pada pihak ritel yang mengangkut produk-produk tersebut. Hal tersebut agar pihak ritel mampu memuaskan konsumen dan memperoleh kepercayaan dan niat membeli ulang dari para konsumennya.Kata kunci: kepercayaan merek, kepercayaan ritel, kepuasan merek, kepuasan ritel, dan niat membeli ulang
The identification of the superior human resources in managing profitable entrepreneurs’ activities during Covid-19 pandemic in Indonesia Sumar’in Sumar’in; Sardjana Orba Manullang; Abdul Samad Arief; Syahril Syahril; Rita Kartika Sari
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.art7

Abstract

Purpose: This project aimed to acknowledge the entrepreneurship program in managing human resources in the pandemic era in Indonesia. The essay to understand the entrepreneurship activities in managing human resources in the pandemic era is assumed to have a close connection with acknowledging the entrepreneurship programs in the outbreak of coronavirus 2019 in Indonesia.Methodology: A serial of online information searching and literature review sessions was conducted. After data was gathered, the analysis processing using a qualitative phenomenological approach and profound interpretations were done to see if the research question's reliability and validity were met.Findings: The existing literature on understanding the entrepreneurship program in managing human resources in the pandemic and crisis era of the Covid-19 showed that there are five entrepreneurship activities that were shown relatively significant business program in managing human resources since outbreaks 2020. Finally, we successfully outlined the five related programs as follows: 1) Creating a business crisis plan, 2) More care and services, 3) be among the community, 4) Community relations, 5) Creative thinking endure, 6) Be adjustable.   Originality: Direct insights into the entrepreneurship practices, policymaking, and academic business development are beneficial in creating the next entrepreneurship program plan, especially the strategy to manage human resources with an entrepreneurial role in the pandemic crisis.Research implication: Further project is needed to anticipate the next economic crisis and social-political changes that impacted economic development in Indonesia.
Pengaruh CSR perusahaan terhadap citra merek dan loyalitas merek Mariyudi Sofyan
Jurnal Siasat Bisnis Vol 21, No 1 (2017)
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.vol21.iss1.art1

Abstract

Tujuan dari artikel ini adalah untuk mengetahui pengaruh tanggung jawab sosial perusahaan (CSR) terhadap citra merek dan loyalitas merek pelanggan pada industri hotel. Suatu refleksi model persamaan struktural (SEM) dikembangkan untuk menguji hipotesis penelitian. Penelitian ini diuji dengan menggunakan data yang dikumpulkan dari sampel pelanggan hotel Indonesia. Survei dilakukan, dan responden terdiri dari pelanggan industri hotel di Indonesia. Terdapat 310 kuesioner yang dapat digunakan untuk menganalisis dengan metode yang diterapkan termasuk analisis statistik deskriptif, analisis validitas dan reliabilitas, analisis korelasi, dan analisis pemodelan persamaan struktural (SEM). Hasil penelitian menunjukkan bahwa CSR berpengaruh signifikan terhadap citra merek fungsional, citra merek emosional dan loyalitas merek pelanggan, serta citra merek fungsional dan citra merek emosional memiliki pengaruh yang kuat terhadap loyalitas pelanggan. Oleh karena itu, perusahaan harus secara khusus fokus pada faktor-faktor ini dalam rangka membangun hubungan jangka panjang dan saling menguntungkan dengan pelanggan serta menciptakan loyalitas sebagai keunggulan kompetitif di pasar.
Peran Karakteristik Pemilik, Hubungan Dengan Pelanggan, Komitmen Perilaku, dan Orientasi Usaha Terhadap Kinerja Keuangan UKM Hadi Ismanto; Shalihul Aziz Widya Irawan
Jurnal Siasat Bisnis Vol. 22 No. 1 (2018)
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.vol22.iss1.art5

Abstract

Many small and medium enterprises (SMEs) in Indonesia still experience failure and have less attention on how to maintain business performance stability. There are a lot of business owners who only focus on the benefit value and the incurred cost to run the short-term business operation and pay less attention to financial performance. This study aims to examine the influence of owner characteristics, customer relationship, and behavioral commitment to SME’s financial performance through the mediating role of business orientation. The sample consists of 160 SMEs of Troso Ikat weaving which are selected through purposive sampling technique and the data are analysed using Structural Equation Modeliing (SEM). The results show that owner characteristics reflected by the ambition, imagination, aggressiveness, and confidence, and customer relations indicated by trust level , commitment, and satisfaction have a positive effect on business orientation and financial performance. In addition, business orientation also has a positive impact on the performance of SMEs. Meanwhile, behavioral commitment has no direct effect on business orientation or financial performance.