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Journal of Economics, Business, & Accountancy Ventura
ISSN : 20873735     EISSN : 2088785X     DOI : http://dx.doi.org/10.14414/jebav
Core Subject : Economy,
Journal of Economics, Business and Accountancy (JEBAV) addresses economics, business, banking, management and accounting issues that are new developments in business excellence and best practices, and methodologies to determine these in manufacturing and financial service organisations. It considers all aspects of economics and business, including those management and accounting and economics with other fields of inquiry. JEBAV published by Research Center and Community Services STIE Perbanas Surabaya, East Java, Indonesia.
Arjuna Subject : -
Articles 13 Documents
Search results for , issue "Vol. 15 No. 1 (2012): April 2012" : 13 Documents clear
BUSINESS RELATIONSHIP DEVELOPMENT IN THE CONTEXT OF A HIGH-RISK AND UNCERTAINTY Sulhaini, Sulhaini
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.54

Abstract

This paper aims to explore how relationship elements fluctuate and business relationshipsdevelop in a volatile country market. Previous studies explored business relationship developmentin stable country markets ignoring the complexity of building relationships in thecontext of high-risk and high uncertainty environment. This study followed the traditions ofinductive logic and used a qualitative approach and multi-case study design. Data was analyzedfollowing the procedure of General Inductive Approach (GIA).The findings suggest thatlearning orientation is a key orientation influencing a companies’ ability to develop businessrelationships in a high- risk country market and that relationships need to be understoodfrom this perspective rather than simply a relational one. Business relationship developmentin a volatile market can be better understood through the learning perspective than merelywithin the relational perspective. Practical implication of the study is that when exporting toa high risk country market, a company needs to develop its orientation towards learning todevelop its ability and capacity to manage and develop business relationships.
ENVIRONMENTAL ANALYSIS AS A BASIS FOR DETERMINING STRATEGY OF COOPERATIVE UNITS IN AMBON CITY Ismail, Rumra Suryanti
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.55

Abstract

Cooperation is either a grass-root economic movement or an entity having role in achievingprosperity society. Cooperation need to build itself and should be built to be self-reliantbased on its principles so that it will become national economic foundation. Therefore, cooperationis hoped to be a stable, democratic, autonomous, participative and social economicorganization. This research aimed at analyzing ability of internal factors (organization andinstitution, effort and business, service, member participation) or external factor (network) ofKUD in measuring performance level as well as determining strategy alternatives whichwere appropriate with performance level of KUD. This research used Cooperative CapacityAnalysis (CCA) with scoring technique and Basic Main Strategy Selection Matrix in choosingappropriate strategy for the KUD. Research showed that internal and external factor wereable to determine the level of performance of KUD and grouped in two groups namely Goodand Moderate. KUD classified as good was suggested to choose intensive strategy alternativeby focusing on Concentrated Growth, Product Development and Market Development.While KUD classified as moderate was suggested to choose defensive strategy alternative byfocusing on Goal Changing strategy.
UTILIZATION OF IT AND THE EFFECT ON INDIVIDUAL PERFORMANCE OF LECTURERS AT STATE POLYTECHNIC SRIWIJAYA Salamah, Irma
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.56

Abstract

Recently, the use of personal computers has widespread worldwide, both college and nonamong college. In the entire universities, using personal computers has been practiced optimallyby the lecturers in order to provide a positive impact on their individual performance.This study is aimed at examining and analyzing the utilization factors of information technologyand its influence towards the performance of lecturers in terms of utilizing their personalcomputer (PC). The factors being analyzed were social factors, affective (feelings of the individual),complexity, job appropriateness, long-term consequences, and facilitating conditions.The research sample consists of 79 lecturers in the State Polytechnic of Sriwijaya.These data were collected and used to predict the factors of utilization of information technologyon the lecturers’ performance. It was found out that there was a negative relationshipand not significant for social factors, affective (feelings of the individual), complexity, andjob appropriateness, whereas long-term consequences and utilizations of IT. The facilitatingconditions were found to have a positive and significant relationship towards the performanceof the individual performance.
MEASUREMENT OF CUSTOMER SATISFACTION AT CAREER CENTRE IN HIGHER EDUCATION INSTITUTION Widyantoro, Harry
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.59

Abstract

The role of career center in a higher education institution (HEI) is vital as it is aimed at helpingthe graduates adapt to work when they get a job. Besides that, it is also a key to determinethe success of the education process. This research attempts to investigate the students’satisfaction on the pre-job services provided by the career center in preparing them withknowledge and skills to get a job through the following programs namely job preparationcourses, job fairs, and a hiring program. The research is qualitative and the data were gatheredfrom a tracer study. It showed that the students were satisfied with the ease to obtain thepre-job services provided in campus and the availability of vacancy board regularly informingvacancies needed by companies. However, the students were not satisfied with the serviceprovided by the career centre staff. As such, it is now recommended that the career centerstaff’s skills must be improved by briefing them with soft skills and making them updated withinformation on career center programs and the vacancies, since from the students’ point ofview, the unit service performance was also considered the institution’s performance as awhole.
TOP MANAGEMENT TEAM AND COMPANY PERFORMANCE IN BIG COUNTRIES VS SMALL COUNTRIES Elly Tulung, Joy; S. Nelwan, Olivia; P.K. Lengkong, Victor
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.60

Abstract

So far, there has been little research related to the impact of globalization on corporate governance,particularly the internationalization of the board of directors of international orglobal companies. Besides that, there has been little attention to the nationality compositionof top management. In connection with such a condition, this study attempts to investigatehow the Nationality Diversity in Top Management Team (TMT) affects Company Performancein big countries in Europe versus small countries in Europe. The research data weremanagement boards of companies in 111 companies: 30 in Germany, 38 in France, 25 in theNetherlands, and 18 in Belgium. The whole dataset was provided by Van Veen and Marsman(2008) and derived from this study on nationality diversity. The study provides several results.First, there is a positive relationship between the nationality diversity of TMT membersand company performance. Second, the size of the companies depends on the size of thecountry; companies in the big countries have more employees than those in the small countries.Third, the result of company performance in the big countries and the small countries isnot significant, so the performance of the companies in the big countries is not better thanthat of the companies in the small countries.
ANALYSIS OF EFFECTIVENESS AND PARKING LEVY GAP IN MALANG REGENCY Ignatia Hendrati, Martha; Sumarsono, Hadi
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.61

Abstract

In connection with the efforts to promote and explore the sources of local revenues, the governmentof Malang Regency has now been trying to increase the revenues. This effort is intendedto make the local government not to be dependent much on the central government.This study attempts to analyze the effectiveness the problems that exist in parking fees in orderto see the real potential and some suggestions for policies related to the increase of thelocal government income. It was conducted in Malang regency, which was chosen by meansof a purposive random sampling. It shows as the following. (1) The potential of Malang Regencyparking levy is totally up to Rp 1,618,939,100. It can be compared with the realizationof 2009 that was up to the figure of Rp 225,842,000, and therefore the effectiveness is13.95%; (2) The results of the SWOT analysis showed that the position of an increase of incomein parking levies and service market is in quadrant 2 (two), this means a dominance ona combination of factors both strengths and barriers. It is suggested that the government increaseof the effectiveness of withdrawal by doing some efforts as described in this study.
CSR AND PURCHASE INTENTIONS (A STUDY OF CENTRAL JAVA EARTHQUAKE) Agus Hendarto, Kresno
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.62

Abstract

In Indonesia, the debate on CSR concerning its implementation to be obligatory or not is stillgoing on even though the Constitution Court had decided, on April 2009, requesting that itshould be reviewed, especially the article 74 of the Laws no 40, 2007, that regulates suchmatter. This study is aimed to analyze the belief, attitude, and intention to purchase the productsfrom the companies that have implemented CSR. The analysis was conducted in the regenciesof Bantul, Sleman, Klaten, and Jogjakarta which exactly on May 27, 2006, these regionswere affected by the earthquake. This study was done by combining both qualitativeand quantitative methods. In the first phase, the data were collected by means of focusedgroup discussion in the radio of RRI program 1 Jogjakarta. After this, the data were analyzedqualitatively. The results of this were used as the basis to to a survey on 100 consumers.This was analyzed using partial least square. It showed that the consumers have awarenesstowards CRS that was implemented by the companies, and therefore, they mediated theirrelationship by showing their belief and intention to purchase the products.
INTELLECTUAL CAPITAL AND ITS IMPACT ON FINANCIAL PROFITABILITY AND INVESTORS’ CAPITAL GAIN ON SHARES Basuki, Basuki; Sianipar, Mutiara
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.63

Abstract

The research attempts to investigate the influence of efficiency of value added by the majorcomponents of a firm’s resource base (physical capital, human capital, and structural capital)towards financial profitability (indicated by return on asset and return on equity) andalso investors’ capital gain on shares. Value Added Intellectual Coefficient™ (VAIC™) introducedis used as proxy of firm’s effectiveness in managing its intellectual capital. Datawere drawn from 22 banking firms and 10 samples of publicly traded banking and insurancefirms respectively during 2005-2007. The linear multiple regression analysis suggests thatthe association between the efficiency of value added by a firm’s major resource bases and(1) return on asset, (2) return on equity, and (3) capital gain, are generally limited and insignificant.This is mainly due to the unique characteristics of banking companies comparedto other sectors. In contrast, for insurance sector confidently shows there is a significant associationbetween efficiency of VAIC™ toward financial profitability and investors’ capitalgain. This show that the power of intellectual capital is valuable information for related partiesin decision making and policy creation process especially in considering the growingsignificant role of banking and insurance companies in developing Indonesia economies.
CREDIT RISK-TAKING AND CAPITAL POSITION: EVIDENCE FROM TWO-STAGE REGRESSION Suhartono, Suhartono
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.64

Abstract

Research on credit risk and its relationship with capital in a company is important. This isbecause the information about such thing can be considered very beneficial. This study examinesthe relationship between risk and capital in Indonesia Banking Market. It tested whetherbank credit risk taking is correlated with its capital position. In this study, risk and capitalwere based on accounting ratios. Data for the study were taken from Banks cope databasefor the period 2003 to 2008. A two-stage-Regression analysis was used to estimate the relationship.On the risk taking model, it is correlated with ex post risk, portion of loan loss provisionto capital (RISKCAP), and ratio of net loans to asset (NLTA), and negatively to sizeand inefficiency. On the capital equation, there is negative relationship with risk taking butnot with inefficiency. Asset size has negative impact on capital positions and profitable bankshold more capital. It is clear that risk taking is not influenced by capital and capital is negativelydetermined by risk taking. In short, the relationship between risk taking and capital isnot two-way but one way.
ORGANIZATIONAL AND PROFESSIONAL COMMITMENT AND THEIR EFFECT ON JOB SATISFACTION Kurnia Susanto, Yulius; Hastomo, Adi
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.65

Abstract

The Research on relationship between commitment and job satisfaction is an interesting topicbecause job satisfaction is as the first sign in a change of accountants who work in the registeredpublic accountants. In this study, it is proposed that motivation plays an important rolein determining the effect of organizational and professional commitment towards job satisfaction.The data were collected using questionnaires. There were 150 questionnaires distributedto the registered public accountants in Jakarta, and 112 questionnaires used for theanalysis. Data were analyzed using a two-way analysis of variance. The results show that theeffect of organizational and professional commitment towards job satisfaction was dependenttowards motivation. These results suggest that the registered public accountants should encouragepublic accountant to them keep motivated and committed to the organization andprofession. The registered public accountants must pay attention to jobs expectation of theirpublic accountants. Motivation is raising the influence of organizational and professionalcommitment on job satisfaction.

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