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iBuss Management
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Core Subject : Science,
iBuss Management is a student journal of International Business Management program of Petra Christian University.
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Articles 15 Documents
Search results for , issue "Vol 6, No 2 (2018): iBuss Management" : 15 Documents clear
Intercompany Financing “Implementation of Arm’s Length Principle to the LG Shared Service Center Short-term Intercompany Financing” Sherlyta Utomo
iBuss Management Vol 6, No 2 (2018): iBuss Management
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Due to the increasing activities of the tax authority and transfer pricing monitoring by the government and also international organizations, the rules of transfer pricing are keep on updated. As a result, multinational enterprises must comply with those regulations over time. OECD as an international organization launch a principle called Arm’s Length Principle, which states that an internal transaction must be carried as it is performed to the unrelated party. Thus, in this paper the author developed a model for the client to apply the principle through clear steps. There are 5 internal interiew participants which the author has chosen with a judgemental strategy. According to the study, the client should follow four big steps. The first step is to determine the type of service being performed. The second step is to determine the ALP method. The third step is to assign the borrowers’ credit rating. Then from the credit rating, the amount of intercompany loan margin can be made, which is the last step. By applying the model, the company can save from the tax adjustment and save a lot of time and efforts to achieve the optimum tax efficiency. Keyword:Arm’s Length Principle, Transfer Pricing, Intercompany Transaction, Corporate Income Tax, Short Term Loan
The Impact of Personality and Working Environment Towards Job Performance in Educational Institutions Caroline Ongkowijoyo; Henry Tjendra Santoso
iBuss Management Vol 6, No 2 (2018): iBuss Management
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Enhancing the performance of human capital is significant in order to remain competitive in the current economy, hence organizations need to find an effective and efficient ways. The objective of this paper is to find out the impact of personality and working environment towards job performance. Five-factor model is chosen as the personality taxonomy, and the research aims to examine whether five-factor model, which is mediated by self-efficacy, and working environment can affect the job performance of human resources in a few educational institutions.The paper uses simple random sampling, using online questionnaire to gather the data from various educational institutions. The data has passed validity & reliability test, as well as processed using multiple regression with path analysis and Sobel test.The main finding of this research suggests that personality significantly impacts job performance, even more when personality is mediated by self-efficacy. Working environment, on the other hand, impacting job performance less significantly. Furthermore, self-efficacy is found to partially mediate the relationship between five-factor model to job performance. Keywords: Personality, Five-Factor Model, Self-Efficacy, Working Environment, Job Performance
The Leadership Competencies in Family Business: A Case Study of A Family Business Company in Surabaya Thesia Agatha Patria; Alvin Kristanto
iBuss Management Vol 6, No 2 (2018): iBuss Management
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There has been an emergence of family businesses in Indonesia in the recent years. Its significance can be equalized as the backbone of most of the country’s economy. The researchers are interested and fortunately found the opportunity to explore deeply the impact of leadership in family businesses for the case of PT. ABC.In this research, the case study found that there are similarities and differences in how leaders across management level in PT. ABC practice the leadership competencies. Taking on qualitative approach by using interviews, this research found that the similarities and differences are coming from how leaders practice strong ethics and safety; empowering others to self-organize; efficient learning; nurtures growth as well as sense of connection and belonging. Some of the elements described in each competency are practiced by the leaders, while some are not or are practiced in different ways. However, to the extent of the aforementioned competencies, the leaders believe in the importance of practicing system across all level of management. While the owner can still bypass the system in a way, the need for a leader to create a system in controlling the business is irreplaceable. Keyword: Leadership, Family Business, Strong Ethics and Safety, Empowering Others, Efficient Learning, Nurturing, Sense of Connection and Belongings, System
The Impact of Return on Asset, Debt to Equity Ratio, Book Value of Equity per Share, and Dividend Payout Ratio towards the Stock Price of LQ-45 Companies Listed in the IDX Period 2014 - 2016 Yunita Vilanie
iBuss Management Vol 6, No 2 (2018): iBuss Management
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Yuk Nabung Saham, a campaign conducted by IDX invites the society to invest in stocks. Hence, the society needs an insight about company’s financial condition to help it in deciding which company’s stock to invest and monitoring the company’s stock price. A measurement that frequently used by the investors and analyst to measure its financial condition is financial ratio. This condition encourages the researcher to find categories of financial ratio that could affect the company’s stock price. Thus, the researcher aims to study the impact of return on asset, debt to equity ratio, dividend payout ratio, and book value of equity per share towards the stock price of LQ-45 companies listed in the IDX period 2014 - 2016.The research has collected the data of 19 companies consistently listed in the LQ-45 index during the period of 2014-2016 and analyzed using multiple linear regressions. The result shows that return on asset, debt to equity ratio, dividend payout ratio, and book value of equity per share simultaneously give a significant impact towards the stock price. While individually, return on asset, debt to equity ratio, and book value of equity per share give a significantly positive impact towards the stock price. Keywords: Return on Asset, Debt to Equity Ratio, Dividend Payout Ratio, Book Value of Equity per Share, Stock Price
The Impact of Competition and Concentration Towards Systemic Risk in Indonesian Banking Industry Jesslyn Vania; Natasha Eugene Chung
iBuss Management Vol 6, No 2 (2018): iBuss Management
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With the advancement of the economy, banks have become very connected to one another. This was one of the causes of why the 2008 crisis in USA was so severe. Because of the contagion effect if one bank collapse, the other banks can start to collapse as well. The purpose of this research is to know whether competition and concentration have any influence towards systemic risk. There are two views in the relationship of competition and concentration toward systemic risk. Competition-stability, meaning competition lower systemic risk and competition-fragility, meaning competition increase systemic risk. Another views are concentration-stability, meaning concentration lower systemic risk and concentration-fragility, meaning concentration increase systemic risk.This research uses the data of 33 commercial banks in Indonesia from 2013-2017 that are listed in Indonesian Stock Exchange (IDX). In analysing the data, multiple regression is used, and the result shows that competition and concentration indeed significantly impacting systemic risk. The control variables that impact systemic risk are size and profitability. While liquidity and asset composition impact to systemic risk are insignificant. Thus, the findings in this research supports competition-fragility view and concentration-stability view. Keyword: Bank competition, bank concentration, systemic risk, financial stability
The Influence of Perceived Value toward Customer Loyalty with Customer Satisfaction as the Mediating Variable: in the case of Boncafe Billy Tanujaya
iBuss Management Vol 6, No 2 (2018): iBuss Management
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Restaurant industry, as one of the prominent sectors, is an industry with increasing competition and struggles. In the midst of intense competition, a restaurant’s retention strategy will decide its sustainability in the future.  Boncafe has been around for 40 years, but still need to understand the value perception of its customers and its influence on satisfaction and loyalty. Therefore, this research aims to find the influence of multidimensional perceived value toward customer loyalty with customer satisfaction as the mediating variable. This research is conducted by distributing questionnaires to 110 respondents who have dined in Boncafe, paid with their own money, and complaint to the employees about the food or service. The data was analyzed with path analysis and Sobel test. The findings conclude that loyalty can be attained by focusing on three major qualities of restaurant, namely food, service, and ambience. Furthermore, the findings also disprove the general perception that customer satisfaction leads to customer loyalty. Keywords:            Perceived Value, Functional Value, Emotional Value, Social Value,            Customer Satisfaction, Customer Loyalty
Factors that Affect Online Repurchase Intention at Tokopedia Chyntia Harijono
iBuss Management Vol 6, No 2 (2018): iBuss Management
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Internet shopping or e-commerce has become a phenomenon to do online transactions. In Indonesia, e-commerce sales is expected to keep increasing from year to year, showing that e-commerce has a potential growth in Indonesia. In fact, there are a lot of Indonesian e-commerce companies which compete with each other. Tokopedia as one of the e-commerce player in Indonesia needs to know factors that affect the online Repurchase intention in order to survive in the competition. Thus, this research is aimed to help Tokopedia in finding the factors that are significant to influence online Repurchase intention at Tokopedia.This research is conducted by spreading questionnaires to 119 respondents who have bought a product in Tokopedia’s website. The results shows that only trust that has significant influence toward online Repurchase intention and customer satisfaction. Furthermore, Path and Sobel analysis results show that customer satisfaction only mediates the influence of trust toward online Repurchase intention.Keywords:Online repurchase intention, customer satisfaction, trust, e-commerce
The Impact of Marketing Mix 4Ps and Consumer Behavior toward Purchase Decision of Adidas Products Clara Ang; Hariadi Rusli
iBuss Management Vol 6, No 2 (2018): iBuss Management
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In the recent year, there are so many international brands in the apparel and footwear industry which force Adidas to be able to come up with a good marketing strategy. There are a lot of ways in determining the marketing strategy but this research will be focused on understanding the impact of marketing mix 4Ps and consumer behavior toward purchase decision of Adidas products. Consumer behavior is believed to be able to complete marketing mix 4Ps as they are focused on understanding consumers’ perspective.There are 125 samples being used in this research by using simple random sampling as the sampling method. Those samples are analyzed by using binary logistic regression and cross tabulation. From the analysis, the result shows that marketing mix 4Ps are simultaneously influence purchase decision of Adidas products. However, only product, price, and promotion that individually have significant influence toward purchase decision of Adidas products. As for the consumer behavior, each of the factor have correlation with consumers purchase decision of Adidas products. Keyword: Marketing Mix, Consumer Behavior, Purchase Decision
Equity Mutual Funds Performance Assessment in Indonesia and Its Determinants Dayan Cahya Pradipta
iBuss Management Vol 6, No 2 (2018): iBuss Management
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Mutual funds, which used to be an overlooked investment vehicle in Indonesia, has been growing rapidly in terms of its market participants and capitalization. Strong macro-economic improvements have positively stimulated the investing ecosystem, triggering new mutual funds, especially equity-based mutual funds, to emerge and attracts new investors. With more options available in the market, investors needs to be able to accurately analyze the performance of equity mutual funds. In this research, the researcher analyzes the performance of equity mutual funds, its related skills on Stock Selection and Market Timing, and its determinants namely Fund Size, Fund Age, Load Fee, Expense Ratio, Portfolio Turnover and Affiliation to Securities Companies.Data of 122 equity mutual funds in Indonesia during 2012-2017 were collected from Bloomberg Terminal as well as the annual report and prospectus of each fund. To analyze the data, the researcher used simple and multiple linear regressions. The regressions results show that there are 17 equity mutual funds that outperformed the market, with the outperformance can be attributed to Stock Selection Ability. The findings also suggest that all the mentioned determinants do not significantly influence equity mutual fund’s performance in Indonesia. Keyword: Mutual Fund Performance, Stock Selection Ability, Market Timing Ability, Performance Determinant
The Impact of the MSME’s marketing to the Customer Satisfaction in Micro, Small, and Medium Restaurant in Surabaya Ivana Patricia
iBuss Management Vol 6, No 2 (2018): iBuss Management
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The MSMEs have long been recognized as the most important agent of the economic growth as they cover 99% of total Indonesia’s business, and provide more than 97% of Indonesia’s total full employment. As the second biggest city in Indonesia after Jakarta, the micro, small, and medium enterprises in Surabaya are mostly dominated by restaurant businesses which contribute more than 40% to Surabaya economy.However as the number of restaurants in Surabaya is always increasing every year, hence scholar suggests that the restaurant businesses, especially the micro, small, and medium ones should carefully formulate and implement their marketing strategies in order to sustain. This study supports the view that due to the unique characteristic and the limited resources that MSMEs are facing, it is inappropriate to assume that MSMEs can adopt the same marketing practices as the large enterprises. Research suggests that MSME’s marketing consists of four elements namely personal branding, perseverance, practice and co-production.Data that have been gathered and analyzed from the respondents showed that MSMEs marketing significantly influences the customer satisfaction in the micro, small, and medium restaurants in Surabaya. Keyword:MSMEs marketing, Customer Satisfaction, personal branding, perseverance, practice and co-production

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