Journal of Economics, Business, & Accountancy Ventura
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.
Articles
1,049 Documents
Entrepreneurial Self-Efficacy and Entrepreneurial Intention: The Mediating Role of Entrepreneurship Intentional Self-Regulation among Future Entrepreneurs
Elitha, Cynthia;
Purba, Debora Eflina
Journal of Economics, Business, and Accountancy Ventura Vol. 23 No. 2 (2020): August - November 2020
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v23i2.2239
Prior studies have explored the correlation between students' entrepreneurial self-efficacy and entrepreneurial intention. Several studies found a strong relationship between them, while others suggested a moderate or even weak correlation. This research aims to explore the mediating effect of entrepreneurship intentional self-regulation (EISR) on the relationship between entrepreneurial self-efficacy (ESE) and entrepreneurial intention (EI) among undergraduate students as the representative of future entrepreneurs in Indonesia. There is a need to explain this concept considering that the emergence of entrepreneurs is one of Indonesia's priorities. Data were collected from 299 undergraduate students in their final year of studies from eight universities, which provide entrepreneurship-based education in Jakarta and Bandung. Hayes’s PROCESS Macro in SPSS was used to analyze the effect. The results showed that entrepreneurship intentional self-regulation (EISR) was fully mediated the relationship between entrepreneurial self-efficacy and entrepreneurial intention among undergraduate students in Indonesia. This suggests that universities need to design curriculum and learning methods that encourage students' intention to become entrepreneurs.
Efficient Market Hypothesis and Forecasting of the Industrial Sector on the Indonesia Stock Exchange
Mubarok, Faizul;
Fadhli, Mohammad Masykur
Journal of Economics, Business, and Accountancy Ventura Vol. 23 No. 2 (2020): August - November 2020
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v23i2.2240
The presence of the stock market has helped boost economic growth in Indonesia. However, high levels of volatility plus economic uncertainty make investors need to carry out strategies in investing in the capital market. This study aims to analyze the index movement of each industry sector on the stock exchange in Indonesia by testing the Efficient Market Hypothesis and estimating the growth of returns for each industrial sector. This research uses monthly data from 1996 to 2020 with research methods including variance ratios, data stationarity test, Autoregressive Integrated Moving Average (ARIMA), and Autoregressive Conditional Heteroskedasticity (ARCH). The results showed that the industrial sector on the Indonesia Stock Exchange was inefficient in its weak form. In forecasting, almost all indices experience a contraction of growth at the beginning of the forecasting period. Stakeholders are expected to be more active in the market by buying and selling, especially the contraction of shares. The market has proven to be inefficient in its weak form.
Determinants of the Use of E-Wallet for Transaction Payment among College Students
Kustono, Alwan Sri;
Nanggala, Ardhya Yudistira Adi;
Mas’ud, Imam
Journal of Economics, Business, and Accountancy Ventura Vol. 23 No. 1 (2020): April - July 2020
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v23i1.2245
This study aims to determine the factors that influence behavioral intentions to use E-wallet. The factors tested include application quality, perceived usefulness, perceived ease of use, and attitude toward using. The population in this study is college students in Jember Regency, Indonesia. Data analysis is carried out using Variance-based Partial Least Square. The number of samples used is 180 college students as users of the e-wallet application. Six hypotheses are tested, and four hypotheses are successfully accepted. Perceived ease of use has a positive effect on perceived usefulness. Perceived usefulness has a positive effect on attitude toward using e-wallet applications. Attitude plays a vital role in behavioral intentions to use e-wallets. The quality of the e-wallet application does not affect the level of perceived usefulness. The perceived ease of use of the application has no direct effect on attitude. This study's results are beneficial for e-wallet providers to increase the level of the use of e-wallet.
Employee Perception of Brand Value in the Jewelry Industry
Priskila, Selvy;
Darma, Gede Sri
Journal of Economics, Business, and Accountancy Ventura Vol. 23 No. 2 (2020): August - November 2020
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v23i2.2281
This study aims to discuss the brand value proposed by John Hardy and, as jewelryretail, it can be seen from each of these brand values. This study uses a qualitativemethod with the interview technique or open questionnaire for gaining all employeesin the sales department of John Hardy, Indonesia. The data were collected andanalyzed by first reducing and presenting the data and finally concluding.Triangulation was also done to get the trustworthiness (data validity) so that it isexpected to provide valid data for research. It shows that community, artisanship, and sustainability are much linked to the brand, and it is also tied together as well as being implemented. For that reason, John Hardy is required to know how to deliver the information correctly to the customer, mention the company's history, the value, and DNA (deoxyribonu-cleic acid) as the individual blueprint of every living thing, which makes it unique in the company.
Entrepreneurial Leadership and Innovative Work Behavior: The Role of Creative Self-efficacy
Sarwoko, Endi
Journal of Economics, Business, and Accountancy Ventura Vol. 23 No. 2 (2020): August - November 2020
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v23i2.2282
Several previous studies have tested the relationship between leadership type and innovative work behavior. However, there have been only a few empirical studies examining the mediating role of creative self-efficacy on the relationship between entrepreneurial leadership and innovative work behavior. This study was conducted to fill this gap to understand the relationship between entrepreneurial leadership and innovative work behavior and the role of creative self-efficacy as a mediating variable for the relationship between entrepreneurial leadership and innovative work behavior. Data were collected using a questionnaire distributed to 190 employees of the Astra Honda Authorized Service Station (AHASS) and analyzed using Structural equation modeling with SmartPLS software. The results indicate that entrepreneurial leadership increases the innovative work behavior of employees. Besides, entrepreneurial leadership increases creative self-efficacy and leads to increased employee innovative work behavior. This study contributes to the development of the literature by providing empirical evidence on the relationship between entrepreneurial leadership and innovative work behavior and the role of creative self-efficacy in innovative behavior. This study confirms Social Cognitive Theory (SCT) that a person's self-efficacy will generate creative ideas in the workplace and produce innovative work. The practical implication is that leaders must provide greater opportunities for employees to develop creative ideas in the workplace to achieve an increase in innovative work behavior.
The Effect of Women's Financial Self-Efficacy on Financial Product Ownership
Anastasia, Njo;
Lestaritio, Mellicha Jeni
Journal of Economics, Business, and Accountancy Ventura Vol. 23 No. 2 (2020): August - November 2020
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v23i2.2285
The government is intensively implementing formal and informal education to improve individual financial literacy. This study aims to examine the effect of women's financial self-efficacy on financial product ownership, controlling for contributing to financial literacy, financial risk preferences, and demographic factors. The sample consists of 253 female respondents who live in Surabaya and already have financial products. The data are collected using questionnaires and processed using binary logistic regression. The results show that women's financial self-efficacy significantly affects the choice of financial products in the form of investment, credit cards, and other loans. However, it does not significantly affect the choice of financial products in the form of savings, mortgages, health insurance, and life insurance. This study is expected to provide benefits in developing learning methods to appropriately improve women's financial literacy according to the available financial product choices. Besides, this study is also expected to provide advice to female clients to diversify their investment product portfolios according to their personalities to achieve their financial goals.
Determining Factors of Purchase Intention in Personalized Website Context for Indonesian Consumers
Sakina, Mutiara;
Ali, Syaiful
Journal of Economics, Business, and Accountancy Ventura Vol. 24 No. 1 (2021): April - July 2021
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v24i1.2287
Personalized services can increase customer satisfaction, encourage emotional consumers, help consumers choose a product, and build relationships between service providers and consumers. This study combines the variables embedded in Technology Acceptance Model (TAM), Theory Planned Behavior (TPB), shopping experience, enjoyment, and trust in a research framework model, to examine factors determiningindividual purchase intentions with personalization features on online shopping sites. This study uses primary data obtained by the online survey method. The number of samples analyzed in this study is 303 e-commerce consumers in Indonesia. This study proves that consumer purchase intentions on websites with personalization are positively and significantly related to three factors: the perceived ease of use, perceived enjoyment, and trust. Furthermore, the results also show that the utilitarian value is more influential on these factors than the hedonic value. Further implications of the research results are also discussed in this paper.
Profiling Indonesian Medical Tourists: A Motivation-Based Segmentation Study
Angela, Jeanny;
Suryono, Ivan Budi;
Wijaya, Serli
Journal of Economics, Business, and Accountancy Ventura Vol. 23 No. 2 (2020): August - November 2020
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v23i2.2290
In the past few decades, the number of Indonesians who travel abroad for medicaltourism has increased dramatically. A literature review has indicated that researchinvestigating the underlying motivational factors for Indonesians to travel overseasfor medical treatment is still a few. Therefore, this study aimed to segment theIndonesian medical tourists based on push and pull travel motivation constructs.Exploratory factor analysis and cluster analysis techniques were applied to analyzethe data. A survey was completed to 192 Indonesians who have had a medical travel experience overseas. The results of this study revealed four push motivational factors and three pull motivational factors. Based on this push and pull factors, three different medical tourist segments were identified: trendy, prudent, and opportunistic segments. The emergence of these three segments would require different approaches and strategies for tourism stakeholders to serve each segment better.
Factors Affecting Manufacturing Exports
Sumiyati, Euis Eti
Journal of Economics, Business, and Accountancy Ventura Vol. 23 No. 2 (2020): August - November 2020
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v23i2.2303
This study aims to determine the factors that influence manufacturing exports inIndonesia. This study uses time-series data with 40 data observations starting fromthe 1st quarter of 2010 to the 4th quarter of 2019. This study's analysis method is the vector error correction model (VECM), which can dynamically describe the shortterm and long-term effects. Export determinants to be examined are inflation, the rupiah exchange rate, Gross Domestic Product (GDP), and Foreign DirectInvestment (FDI). This study indicates that inflation at lag 1 harms manufacturedexports both in the short and long term. Furthermore, GDP has a positive effect onmanufacturing exports in the short run at lag 1 and lag 2, while in the long run, GDPhas a positive effect only on lag 1. Meanwhile, the exchange rate and FDI factors didnot affect manufactured exports, both in the short and long term. This study impliesthat inflation and GDP are essential factors in designing policies to increase exportsin Indonesia, including exports of manufactured products.
The Effect of Customers’ Incivility and Work stress on Job Satisfaction through Burnout
Prasetyo, Ribut;
Purwandari, Dian Alfia;
Syah, Tantri Yanuar Rahmat
Journal of Economics, Business, and Accountancy Ventura Vol. 23 No. 3 (2020): December 2020 - March 2021
Publisher : Universitas Hayam Wuruk Perbanas
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DOI: 10.14414/jebav.v23i3.2309
The need for public services is currently increasing both in quantity and quality. In public service, employees need high job satisfaction because if they are satisfied with their work, they will be happy to do their duties and obligations to provide good service. Employee job satisfaction is influenced by several factors both from within and from the environment. This study aimed to examine the effect of customers Incivility and work stress on job satisfaction through burnout. This research was conducted on 191 respondents in the office of the Unit of Investment and One-Stop Services in the Kelurahan in DKI Jakarta Province. The survey was conducted by distributing questionnaires to 191 front office officers working in public service offices. The data were analyzed using the SEM (Structural Equation Modeling) analysis technique using Lisrel. The results of the study found that customers Incivility and work stress have a positive and significant effect on burnout. Furthermore, burnout has a negative and significant effect on job satisfaction. This study implies the importance of local government to pay attention to employee burnout aspects in increasing job satisfaction and front office employee performance.