cover
Contact Name
Sugeng Santoso
Contact Email
sugeng.santoso@mercubuana.ac.id
Phone
+62811273547
Journal Mail Official
susetyodarmanto@untagsmg.ac.id
Editorial Address
EDITOR MAJALAH MEDIAEKONOMI DAN MANAJEMEN D.A. FAKULTAS EKONOMIKA DAN BISNIS UNIVERSITAS 17 AGUSTUS 1945 (UNTAG) SEMARANG JALAN PAWIYATAN LUHUR BENDAN DHUWUR SEMARANG 50235
Location
Kota semarang,
Jawa tengah
INDONESIA
Media Ekonomi dan Manajemen
ISSN : 08541442     EISSN : 25034464     DOI : http://dx.doi.org/10.24856/mem.v36i1.1726
For optical lens manufacturing the development of product and service quality is a key thing in answering challenges in the business competition it is developing. To achieve this determine the Key Performance Indicator (KPI), the Rejected Rate and On-Time Delivery (OTD) to measure the extent of the performance that has been achieved and how to develop it, shape the work culture of Kaizen which commits to continuous improvement and value chain analysis largely determine the process of developing production and service quality. The Kaizen culture and value chain applied in achieving the KPI target in this study succeeded in reducing the KPI Rejected Rate by 0. 46% and raise OTD by 2. 22%. The method used in this study uses a review of literature studies, observations, and direct interviews of the plant manager of one of the largest optical lenses manufacturers in Indonesia using data comparisons in 2018 and 2020
Articles 274 Documents
Increasing Job Satisfaction Through Transformational Leadership: Mediated by Organizational Culture and Work Motivation I Komang Suryadnya Diputra; Putu Ari Pertiwi Sanjiwani; Bagus Nyoman Kusuma Putra
Media Ekonomi dan Manajemen Vol 39, No 2 (2024): July 2024
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v39i2.4916

Abstract

The tourism industry in Bali is currently experiencing improvement after experiencing hibernation during the pandemic. This situation will certainly have an impact on all supporting businesses, including hotels in general and employees in particular. This research aims to investigate the relationship between transformational leadership and organizational culture, work motivation, and job satisfaction. Survey data was collected from 264 four-star hotel employees in Bali. Then the data was analyzed using Smart PLS 3.2.9. The findings of this research show that transformational leadership has no effect on job satisfaction, but has a significant effect on organizational culture and work motivation. Furthermore, organizational culture and work motivation act as mediators of the relationship between transformational leadership and job satisfaction. Thus, organizational culture and work motivation play an important role in maintaining and increasing job satisfaction. In addition to showing direct influence, they also act as mediators.
Customer Self-Congruity and Brand Image on Purchase Decision: The Role of Gender and Age as Control Variables Endy Gunanto Marsasi; Mohamad Rizan; Sarah Barqiah; Yenni Kurnia Gusti
Media Ekonomi dan Manajemen Vol 39, No 2 (2024): July 2024
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v39i2.4541

Abstract

The impetus for this research is Generation Z's lack of understanding of social media marketing and brand image in relation to buying local products, because local brands are generally less successful. Self-congruence is new to assess consumer alignment with brands, which ultimately influences purchase decisions. The study's gap focuses on brand image, highlighting challenges consumers face in identifying with brands via social media. This study aims to show the impact of social media marketing on customer self-alignment, brand image, and purchase decision. The research data was collected by distributing questionnaires using a purposive sampling method to 217 gen Z participants who use local skincare and analyzed using SEM. The results show that all hypotheses influence each other by applying the self-expansion theory, where consumers will align themselves with brands from local products so that consumers will expand their self-concept and culminate in purchasing decisions. This study will also examine customer characteristics by gender and age as control variables that can be fully predicted. The findings of this study indicate a difference in gender, where women are more easily attracted to try than men. Younger consumers were found to prefer shopping online rather than physically, in contrast to older consumers.
Forging Pathways to Success: Innovative Approaches to Private Higher Education in Central Java Bhimo Widyo Andoko; Nano Prawoto; Sri Handari Wahyuningsih; Indah Susilowati
Media Ekonomi dan Manajemen Vol 39, No 2 (2024): July 2024
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v39i2.4801

Abstract

This research identifies leadership styles at private universities in Central Java, analyzes organizational culture, and formulates strategies for the success/survival of private universities. Primary data was obtained through in-depth interviews with 9 university leaders as informants, with stratified sampling based on excellent, excellent, and good accreditation categories. Semi-structured interviews focused on leadership approaches, organizational culture, success strategies, and challenges. The data were analyzed using ATLAS.TI with thematic analysis. The results show that private universities have characteristics, such as leadership styles, that form different organizational cultures. There are differences in higher education management strategies between accreditation categories, especially in strategic priorities according to institutional goals. Superiorly accredited universities tend to prioritize research excellence, international collaboration, and innovative academic programs. The implication is that understanding the relationship between leadership, organizational culture, and strategic priorities can help universities align these elements for optimal effectiveness in achieving success in the competitive environment of higher education.
Navigating Challenges: Mental Health as a Mediator in the Performance of Indonesian Seafarers Gatot Cahyo Sudewo; Muhammad Yamin Jinca; Tjuk Sukardiman; Theresye Yoanita Octora
Media Ekonomi dan Manajemen Vol 39, No 2 (2024): July 2024
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v39i2.5043

Abstract

The mental health and overall quality of seafarers are critical to the safety and efficiency of maritime operations. This study investigates the factors influencing the quality of Indonesian seafarers, with a particular focus on mental health as a mediating variable. Using Structural Equation Modeling (SEM) with Partial Least Squares (PLS), we analyzed data from 280 respondents, including skippers and crew members working on Indonesian flagged ships. The study examines the impact of working conditions, recruitment and placement, training and development, and safety culture on seafarer quality, both directly and indirectly through mental health. Our findings indicate that mental health significantly mediates the relationship between these factors and the quality of seafarers. Training and development emerged as the most influential factor, followed by safety culture, recruitment and placement, and working conditions. The results emphasize the importance of enhancing mental health support to improve working conditions, recruitment processes, training initiatives, and safety culture, thereby increasing productivity and the overall quality of seafarers. This research addresses an empirical gap by providing practical strategies to improve Indonesian seafarers' quality and job stability in the global maritime industry. Future research should expand the geographic scope and explore additional factors affecting seafarer quality and mental health.
The Sources and Effects of Retirement Planning: An Empirical Study of Sandwich-Generation Employees in Indonesia Maria Rio Rita; Yeterina Widi Nugrahanti; Pambayun Kinasih Yekti Nastiti
Media Ekonomi dan Manajemen Vol 39, No 2 (2024): July 2024
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v39i2.4878

Abstract

This research aims to analyze the retirement planning of employees belonging to the sandwich generation by considering financial literacy, collectivist culture, and family financial responsibility that promote financial and psychological well-being. We run the SEM-PLS to analyze the data from 200 sandwich-generation employees between 25-55 years old. The results demonstrate that financial literacy positively affects financial and psychological well-being, collectivist culture positively affects family financial responsibility, family financial responsibility affects retirement planning and psychological well-being, as well as retirement planning positively affects financial and psychological well-being. These findings indicate that personal and financial factors contribute to retirement planning for sandwich generation employees. It is hoped that planning for retirement early can break the chain of births of the next sandwich generation in the family, so that financial and psychological well-being can be achieved. This paper implies that sandwich-generation employees must plan their retirements early and wisely to achieve financial well-being and even break the chain of the next sandwich-generation.
User Satisfaction to Continuous Usage on QRIS Payment: Role of QRIS Contactless Payment Quality Ardian Oktavianto Wicaksono; Fahmi Fauzi Yuniawan; I Made Bayu Dirgantara
Media Ekonomi dan Manajemen Vol 39, No 2 (2024): July 2024
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v39i2.4804

Abstract

This research aims to develop and evaluate an empirical model of the role of QRIS (Quick Response Code Indonesian Standard) Contactless Payment Quality, including Perceived Ease of Use (PEOU), Perceived Usefulness (PU), and Service Security (SS), in shaping User Satisfaction (US) and Continuous Usage (CU) among QRIS payment users in Central Java. The empirical model is built based on the Technology Acceptance Model (TAM) and existing literature on Contactless Payment Quality. For this purpose, an online survey was conducted with approximately 232 QRIS payment users aged 17 and above, and the data were analyzed using the Structural Equation Modeling (SEM) approach with the SmartPLS program. The study found that PEOU significantly influences PU. Additionally, the three components of Contactless Payment Quality (PEOU, PU, and SS) jointly determine US, and both US and SS together impact CU. Furthermore, this research demonstrates that US truly mediates the relationship between PEOU, PU, and SS with CU. Therefore, the findings contribute to the development of a holistic TAM and Contactless Payment Quality framework by providing a comprehensive model of antecedents and consequences of user satisfaction for QRIS payment users. The study also offers valuable insights for managers of companies managing QRIS systems.
Acceptance of TQM and Human Capital in Improving SME Performance Fitri Lukiastuti; Yanti Pujiastuti
Media Ekonomi dan Manajemen Vol 39, No 2 (2024): July 2024
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v39i2.4925

Abstract

The corporate world is growing more competitive as customers become more savvy. SMEs require a wide range of material and immaterial resources, as well as the capacity to change into more adaptable and lucrative forms to adapt to the shifting demands of the business market, in order to remain competitive. This study aims to examine the correlation between human capitalĀ  and total quality management with entrepreneurial orientation and their impact on performance. Specifically, the study will investigate how market orientation functions as a mediating factor in the link between TQM, HC, EO, and the performance of small and medium-sized enterprises (SMEs) in Semarang. Empirical research has largely neglected to investigate the role of market orientation in mediating the links between TQM, HC, EO, and business performance. This study aims to address the existing knowledge gaps by investigating the direct as well as indirect impacts of TQM, HC, and EO on the performance of SMEs, with MO serving as a mediator. In this study, a questionnaire was employed to gather data from subject matter experts (SMEs) to evaluate the theoretical framework. PLS is utilised in the investigation and testing of hypotheses.
Implementation of Organizational Agility Strategies to Meet The Challenges of Digital Transformation in Government Organizations Agung Fachridian; Abdul Haeba Ramli; Lizio Marcel de Araujo
Media Ekonomi dan Manajemen Vol 39, No 2 (2024): July 2024
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v39i2.4575

Abstract

Digital transformation has become essential for all organizations as innovation and digital technology continue to evolve. This research focuses on the impact of organizational agility on digital transformation in the government sector, as well as the role of Collaborative Knowledge Creation (CKC), innovation, and Digital Transformational Leadership (DTL) as antecedents and factors that influence organizational agility. Quantitative research using the Structural Equation Model (SEM) method began in 2023. The unit of analysis involved 103 work units in government organizations that focus on the development of science and technology (S&T). The results of this study show that the role of organizational agility can improve digital transformation in the government sector, and the role of innovation and DTL as antecedents and factors, can affect organizational agility. This shows that in driving change towards digital transformation in organizations, the role of organizational agility is very important. This research has managerial implications for government organizations, especially organizational leaders and work unit leaders in building digital transformation. Organizational leaders must realize that implementing sound management strategies fostering organizational agility, including designing adaptive policies, cultivating a responsive organizational culture, and establishing structures that promote collaboration and innovation can facilitate government organizations digital transformation.
The Importance of Money in Shaping Employee Intention to Stay In Small Businesses: The Moderating Roles of Growth Mindset and Caring Climate Putranta, Martinus Parnawa; Kingshott, Russel P.J.; Handoko, Debora Wintriarsi; Harsiwi, Theresia Agung Maryudi
Media Ekonomi dan Manajemen Vol 40, No 1 (2025): January 2025
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v40i1.5529

Abstract

Employee retention is a critical challenge for small and medium enterprises (SMEs), particularly in developing economies like Indonesia, where financial constraints and high turnover rates jeopardize organizational stability. This study investigates the relationship between monetary importance and intention to stay, moderated by caring climate and growth mindset. Using purposive sampling, data were collected through an online survey from 198 employees of small businesses in Central Java, all of whom had worked for their organizations for at least one year. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) to test the proposed hypotheses. The results revealed that monetary importance did not have a significant direct effect on intention to stay. However, caring climate positively moderated this relationship, enhancing retention through a supportive and empathetic workplace environment. In contrast, growth mindset negatively moderated the relationship, suggesting that employees with a strong growth orientation prioritize non-financial motivators such as professional development opportunities. These findings highlight the importance of tailoring retention strategies to individual and contextual factors, combining financial incentives with non-monetary approaches. This study contributes to the literature on retention strategies by integrating organizational and psychological perspectives within the SME context.
The Role of ESG (Environmental, Social, Governance) on Dividends and Firm Value: The Moderation Effect of Audit Quality Handajani, Clarissa Dominique Effendi; Murhadi, Werner R.
Media Ekonomi dan Manajemen Vol 40, No 1 (2025): January 2025
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v40i1.5397

Abstract

This research will examine the influence of ESG (Environmental, Social, Governance) and its components on dividends and firm value. Furthermore, the quality and credibility of information in the market will also influence stakeholder assessments. The important role of audit quality in providing assurance on this information is needed. By using multiple linear regression on 252 firm years from companies listed in IDX 2020-2023 that meet the sample criteria, it was found that ESG has not been able to significantly influence dividends and firm value. However, environmental can influence dividends in a positive way, while governance can influence firm value in a negative way. Even though dividends and audit quality can influence firm value in a positive way, audit quality still cannot increase the influence of dividends on firm value. Audit quality also cannot increase the influence of ESG on dividends. In this case, inefficient ESG practices followed by poor audit quality are the main factor of this insignificant influence. It takes time for ESG investments to influence company performance, which has an impact on high dividend payout ratios and firm value.

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