cover
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
Gadjah Mada International Journal of Business
ISSN : 14111128     EISSN : 23387238     DOI : -
Core Subject : Economy,
Gadjah Mada International Journal of Business (GamaIJB) is a peer-reviewed journal published three times a year (January-April, May-August, and September-December) by Master of Management Program, Faculty of Economics and Business, Universitas Gadjah Mada. GamaIJB is intended to be the journal for publishing articles reporting the results of research on business, especially in the context of emerging economies. The GamaIJB invites manuscripts in the various topics include, but not limited to, functional areas of management, accounting, international business, entrepreneurship, business economics, risk management, knowledge management, information systems, ethics, and sustainability.
Arjuna Subject : -
Articles 617 Documents
The Relationship Between Household Credit and Banking Stability in Malaysia: Panel Evidence NURHUDA NIZAR; Zulkefly Abdul Karim
Gadjah Mada International Journal of Business Vol 23, No 2 (2021): May-August
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.64451

Abstract

This study investigates the relationship between household credit and banking stability in Malaysia using a sample of 37 commercial banks spanning the period from 2008 to 2015. In analyzing household credit’s influence on the Malaysian banking sector’s stability, household credit was categorized into two components, namely mortgage and consumer credit. The Banking Stability Index (BSI) for each bank is constructed using 15 bank-specific variables and some macro-economic variables. The determinants of the BSI are estimated using a static panel data technique. The fixed-effects regression results showed a statistically significant negative relationship between both forms of household credit (mortgage credit and consumer credit) upon the banking sector’s stability. The finding signals that understanding the link between household credit and the Bank Stability Index is crucial to the policymakers and the banks’ management in closely monitoring household credit, particularly mortgage and consumer credit.
The Influence of CEOs’ Hubris on Firms’ Performance in Indonesia: The Moderating Effects of CEOs’ Power and Board Vigilance Noni Ayu Rizka; T. Hani Handoko
Gadjah Mada International Journal of Business Vol 22, No 2 (2020): May-August
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.55239

Abstract

Past studies on CEO hubris has found that board vigilance is effective in managing the negative outcome of hubris. Some studies found CEO non-duality and independent director representation are effective in decreasing the damage of hubris. However, these studies have only explored the causal relationship of hubris and firm performance in the one-tier corporate governance setting. This study analyzed the influence of CEO hubris on firm performance in Indonesia by taking into account the CEO-board power dynamics. Indonesia adopts the two-tier corporate system where the board is divided into the board of directors and commissioners. Through 99 public listed companies, this study found that hubris in Indonesian CEOs contributes well to firm performance. Moreover, a bigger commissioner board is effective in strengthening the positive influence of hubris on firm performance in Indonesia. Furthermore, this study hints that two-tier corporate governance is more efficient in controlling hubris than the one-tier system.
Counterfeit Purchase Intention of Fashion Brands: The Personal Values and Social Aspect of Consumers as Determinants iin mayasari; Handrix Chris Haryanto; Iyus Wiadi; Adrian Azhar Wijanarko; Willy Abdillah
Gadjah Mada International Journal of Business Vol 24, No 1 (2022): January-April
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.54660

Abstract

Counterfeiting has become a growth industry in Indonesia. Consumers in Indonesia tend to find counterfeit products very easily, especially fashion products. The aim of this quantitative study is to analyze personal values and social factors toward counterfeit items and the intention to purchase counterfeit goods in Indonesia, with a focus on fashion products. The study also aims at analyzing the influence of novelty seeking, integrity values, and status consumption on people’s attitudes toward counterfeit goods. Furthermore, this study also addresses the influence of perceived risk, information susceptibility, physical vanity, and vanity-achievement on the intention to purchase counterfeit products. One hundred and ninety-three respondents were included in our study after survey questionnaires had been distributed in Indonesia. The respondents were 19 to 44 years old, living in Jakarta, Tangerang, Bogor, Bekasi, Yogyakarta, Bandung, Medan, Jambi, Batam, Pekanbaru and Samarinda, all of which are larger cities in Indonesia. Data were analyzed using partial least squares. The results of the study showed that the attitude toward counterfeit items was the most important factor in the willingness to purchase counterfeit goods. Novelty seeking, integrity, status consumption, and information susceptibility were also important determinants of people’s attitudes toward counterfeit products. Perceived risk, physical vanity, and achievement vanity were found to have an insignificant relationship with the intention to purchase counterfeit products .  This study also has an impact on marketing strategies. One of them is marketers can offer very prestigious brands to reduce the trade in counterfeit luxury brands.
Improving Satisfaction and Loyalty of Online Shop Customer Based on E-Commerce Innovation and E-Service Quality Sarli Rahman; Fadrul Fadrul; Mujtaba M Momin; Yusrizal Yusrizal; Robert Marlyn
Gadjah Mada International Journal of Business Vol 24, No 1 (2022): January-April
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.58783

Abstract

The purpose of this study is to develop new knowledge related to innovation in e-commerce, which we call e-commerce innovation, and how its impact on customer satisfaction and loyalty, together with e-service quality, in the context of an online shop in Indonesia. Several measurement items of e-commerce innovation were adopted and modified from the existing literature. To answer how the impact on customer satisfaction and loyalty, then used partial least squares structural equation modeling to analyze data from 400 respondents. Empirical test results found that e-commerce innovation and e-service quality can each increase customer satisfaction and loyalty. It is also known that in the context of online shop customers in Indonesia, its easier to create customer satisfaction than customer loyalty.
Panic-Buying Behavior During The Covid-19 Pandemic in Indonesia: A Social Cognitive Theoretical Model Shine Pintor Siolemba Patiro; Hety Budiyanti; Kresno Agus Hendarto; Hendrian Hendrian
Gadjah Mada International Journal of Business Vol 24, No 1 (2022): January-April
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.64578

Abstract

Currently, there are limited studies on the application of the social cognitive theory in social psychology, particularly in explaining and predicting panic-buying behavior during the COVID-19 pandemic in Indonesia.  This study is primarily aimed at acknowledging the role of the social cognitive theory’s development in explaining and predicting the panic-buying behavior of Indonesian citizens during the COVID-19 pandemic. The development of the theory is attained by combining emotions and subjective norms to predict the panic-buying behavior intention in Indonesia. Using a purposive sampling technique, the sample size consists of 350 respondents from various areas, such as Jakarta, Tangerang, and Banten. An online survey was performed as the data collection method. Social desirabilit response (SDR) test was also conducted by this study to guarantee the naturality of the replies from the respondents. Data were then analyzed using structural equation modeling (SEM) with a two-stage approach. The result demonstrated that emotions have the highest impact on the panic-buying behavioral intention. Further, subjective norms, self-efficacy, and social outcome expectancies have the second, third, and fourth highest impacts on panic-buying behavior, respectively. In general, the social cognitive theory model developed in this study can understand, explain, and predict panic-buying behavior during the COVID-19 pandemic outbreak in Indonesia. Overall, the results of this study may serve as basic information for practitioners and business persons by providing insights regarding the factors that form consumers’ intentions and behavior during the pandemic, relating to their buying decisions.
Factors Affecting the Intention to Use E-Wallets during the COVID-19 Pandemic Kelvin Lee Yong Ming; Mohamad Jais
Gadjah Mada International Journal of Business Vol 24, No 1 (2022): January-April
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.64708

Abstract

The COVID-19 pandemic has reshaped the lifestyle of Malaysians. The government has introduced various incentives to encourage contactless transactions. Malaysia has also expe- rienced a spike in e-wallet transactions during the COVID-19 pandemic. However, there is no consensus on the reasons behind the rapid increase in the usage of e-wallets. This study aims to fill a knowledge gap by incorporating government support, the perceived risk, and social influence as the potential factors affecting the use of e-wallets. Survey data were collated from 598 respondents using Google Forms and analyzed using covariance-based structural equation modeling (CB-SEM). The findings confirm that perceived usefulness, government support, the perceived risk, and social influence are positively related to the attitude toward the usage of e-wallets. This attitude is also positively related with the user’s intention of using the wallets. The outcomes of this study may assist policymakers to devise effective strategies that are able to capture the users’ intentions to use e-wallets during the COVID-19 pandemic. This study also recommends that the government increases the incentives to speed up the formation of a cash- less society. The related organizations should also enhance public awareness on the usefulness of e-wallets in preventing virus transmission. 
Millennials' Response Toward Luxury Fashion Brands: The Balance Theory’s Perspective Hasnizam Shaari; Siti Nadia Sheikh Abdul Hamid; Hashed Ahmed Mabkhot
Gadjah Mada International Journal of Business Vol 24, No 1 (2022): January-April
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.66352

Abstract

The mushrooming growth of luxury brands has been evidenced worldwide, especially among developing countries such as Malaysia. Despite Malaysian consumer confidence slowing due to uncertainty about the economic conditions, the demand for luxury brands is still expected to rise. Interestingly, a significant rise in the demand for luxury brands has been observed in the millennials group. This study examines the relationship of electronic word-of-mouth and the country of origin’s image on millennials' attitudes toward luxury brands and the intention to purchase luxury fashion brands. The study among 333 millennials revealed that the country of origin’s image has both direct and indirect effects on the intention to purchase luxury fashion brands. Electronic word-of-mouth (eWOM) was found statistically insignificant in explaining the intention to purchase, but eWOM had a significant relationship on intention to purchase through its mediation effect of the attitude toward luxury brands. Accordingly, the findings found support for the balance theory. The results also suggest that the owners of luxury brands should carefully manage the country of origin because it will affect the overall brand image, as perceived by consumers. Limitations and future directions of the study are also included at the end of the article.
The Impact Of Thin Trading Adjustments On Exchange Rate Exposure Jaratin Lily; Imbarine Bujang; Abdul Aziz Karia
Gadjah Mada International Journal of Business Vol 24, No 2 (2022): May - August 2022
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.36806

Abstract

This study investigates the multiple exchange rate exposure of large non-financial firms in Asia and emerging countries using the unadjusted and adjusted two-factor exchange rate exposure model. The autoregressive-distributed lag (ARDL) method was applied to investigate the existence of exchange rate exposure. The Dimson-Fowler-Rorke (DFR) adjustment method was applied to adjust the ordinary least squares (OLS) market risk estimator for the thin trading phenomenon. The study’s findings indicate that exchange rate exposure does affect firm value. Incorporating the DFR market beta in the exchange rate exposure model indicates two important findings. Firstly, there is a significant increase in the number of firms exposed to exchange rate movements, especially in Indonesia, Thailand, Sri Lanka, and Vietnam. Secondly, there are more firms that will be exposed to multi bilateral exchange rate exposure across the sample countries. The findings imply that market characteristics such as thin trading could be an alternative explanation of the exchange rate exposure puzzle. Furthermore, future research should include asymmetric analysis as an alternative explanation for exchange rate exposure.
Viewer Behavior On Social Media: Viral Marketing of A Movie Trailer In Indonesia Nur Afifah; Ilzar Daud; Morella Mulyadina
Gadjah Mada International Journal of Business Vol 24, No 2 (2022): May - August 2022
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.49987

Abstract

A trailer is a brief description of a film and provides a 1 to 3 minute cinematic experience that displays images from the film to influence consumer behavior. This research was conducted to propose a conceptual model regarding affective, cognitive, and environmental responses to viral marketing, which are moderated by audience behavior, for the movie trailer of “Spiderman: Far from Home.” The film was released in July 2019 by Marvel Cinematic Universe (MCU). This study adopted the wheel of consumer analysis to bridge the research gap. An online survey was forwarded to 200 respondents using structured questionnaires through social media sites, such as Line, WhatsApp, Facebook, and e-mail. The data were then analyzed using structural equation modeling (SEM). The results showed that the audience’s affective, cognitive, and environmental responses significantly influenced viral marketing. The results further indicated that the audience’s behavior was not a moderating variable, as the significance level was less than 0.05. The results can contribute to determining social media marketing strategies for promoting film trailers that are beneficial for companies, especially in Indonesia. Therefore, the companies can grow and become more competitive in the film industry. Although this study discusses viral marketing in the film industry, the results can also contribute to other industries, in order to increase the popularity of their products.
The Effect of Resource Complementarity on a Company's Performance Post-Merger and Acquisition in the Southeast Asia Region: The Moderating Role of the Merger and Acquisition Experience Joni Prayogi; Amin Wibowo
Gadjah Mada International Journal of Business Vol 24, No 2 (2022): May - August 2022
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/gamaijb.61073

Abstract

This study examines the effect of resource complementarity on a post-merger and acquisition company's performance, moderated by the bidder's merger and acquisition experience. Resource complementarity is an important aspect that needs to be considered when carrying out mergers and acquisitions (M&A). This study uses a purposive sampling method, which has specific criteria for selecting the sample, while the dataset is cross-sectional. Tests have been conducted on 97 non-financial companies that carried out M&A in Southeast Asia between 2007 to 2017, and their post-M&A performance has been examined. This research’s methodology utilizes a quantitative approach and explanatory variables. The results indicate that resource complementarity has a significant effect on the performance of post-M&A companies. In other words, resource complementarity has a positive and significant effect on changes in the performance of companies after their M&A. The moderation test shows exciting findings, namely, for companies with little experience, the effect of resource complementarity on post-M&A performance is more substantial. This study has practical recommendations for decision-makers. When conducting their M&A, organizations should select targets with complementary resources and not depend on prior experience, since it is not necessarily applicable to the present circumstances. Furthermore, as they integrate feedback systems to relate earlier experiences, the acquisition experience will have a more robust learning impact.

Filter by Year

1999 2026


Filter By Issues
All Issue Vol 28, No 1 (2026): January Vol 27, No 3 (2025): September-December Vol 27, No 2 (2025): May-August Vol 27, No 1 (2025): January - April Vol 26, No 3 (2024): September-Desember Vol 26, No 2 (2024): May-August Vol 26, No 1 (2024): January - April Vol 25, No 3 (2023): September-December Vol 25, No 2 (2023): May-August Vol 25, No 1 (2023): January-April Vol 24, No 3 (2022): September-December 2022 Vol 24, No 2 (2022): May - August 2022 Vol 24, No 1 (2022): January-April Vol 23, No 3 (2021): September-December Vol 23, No 2 (2021): May-August Vol 23, No 1 (2021): January-April Vol 22, No 3 (2020): September-December Vol 22, No 2 (2020): May-August Vol 22, No 1 (2020): January-April Vol 21, No 3 (2019): September-December Vol 21, No 2 (2019): May-August Vol 21, No 1 (2019): January-April Vol 20, No 3 (2018): September-December Vol 20, No 2 (2018): May-August Vol 20, No 1 (2018): January-April Vol 19, No 3 (2017): September-December Vol 19, No 2 (2017): May-August Vol 19, No 1 (2017): January- April Vol 18, No 3 (2016): September-December Vol 18, No 2 (2016): May-August Vol 18, No 1 (2016): January-April Vol 17, No 3 (2015): September-December Vol 17, No 3 (2015): September-December Vol 17, No 2 (2015): May-August Vol 17, No 1 (2015): January-April Vol 17, No 1 (2015): January-April Vol 16, No 3 (2014): September-December Vol 16, No 3 (2014): September-December Vol 16, No 2 (2014): May-August Vol 16, No 2 (2014): May-August Vol 16, No 1 (2014): January-April Vol 16, No 1 (2014): January-April Vol 15, No 3 (2013): September - December Vol 15, No 3 (2013): September - December Vol 15, No 2 (2013): May-August Vol 15, No 2 (2013): May-August Vol 15, No 1 (2013): January - April Vol 15, No 1 (2013): January - April Vol 14, No 3 (2012): September-December Vol 14, No 3 (2012): September-December Vol 14, No 2 (2012): May - August Vol 14, No 2 (2012): May - August Vol 14, No 1 (2012): January - April Vol 14, No 1 (2012): January - April Vol 13, No 3 (2011): September-December Vol 13, No 3 (2011): September-December Vol 13, No 2 (2011): May-August Vol 13, No 2 (2011): May-August Vol 13, No 1 (2011): January-April Vol 13, No 1 (2011): January-April Vol 12, No 3 (2010): September - December Vol 12, No 3 (2010): September - December Vol 12, No 2 (2010): May - August Vol 12, No 2 (2010): May - August Vol 12, No 1 (2010): January - April Vol 12, No 1 (2010): January - April Vol 11, No 3 (2009): September - December Vol 11, No 3 (2009): September - December Vol 11, No 2 (2009): May - August Vol 11, No 2 (2009): May - August Vol 11, No 1 (2009): January - April Vol 11, No 1 (2009): January - April Vol 10, No 3 (2008): September - December Vol 10, No 3 (2008): September - December Vol 10, No 2 (2008): May - August Vol 10, No 2 (2008): May - August Vol 10, No 1 (2008): January - April Vol 10, No 1 (2008): January - April Vol 9, No 3 (2007): September - December Vol 9, No 3 (2007): September - December Vol 9, No 2 (2007): May - August Vol 9, No 2 (2007): May - August Vol 9, No 1 (2007): January - April Vol 9, No 1 (2007): January - April Vol 8, No 3 (2006): September-December Vol 8, No 3 (2006): September-December Vol 8, No 2 (2006): May - August Vol 8, No 2 (2006): May - August Vol 8, No 1 (2006): January-April Vol 8, No 1 (2006): January-April Vol 7, No 3 (2005): September-December Vol 7, No 3 (2005): September-December Vol 7, No 2 (2005): May-August Vol 7, No 2 (2005): May-August Vol 7, No 1 (2005): January-April Vol 7, No 1 (2005): January-April Vol 6, No 3 (2004): September-December Vol 6, No 3 (2004): September-December Vol 6, No 2 (2004): May-August Vol 6, No 2 (2004): May-August Vol 6, No 1 (2004): January-April Vol 6, No 1 (2004): January-April Vol 5, No 3 (2003): September-December Vol 5, No 3 (2003): September-December Vol 5, No 2 (2003): May-August Vol 5, No 2 (2003): May-August Vol 5, No 1 (2003): January-April Vol 5, No 1 (2003): January-April Vol 4, No 3 (2002): September-December Vol 4, No 3 (2002): September-December Vol 4, No 2 (2002): May-August Vol 4, No 2 (2002): May-August Vol 4, No 1 (2002): January-April Vol 1, No 2 (1999): September More Issue