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INDONESIA
Indonesian Journal of Business and Entrepreneurship (IJBE)
Published by Institut Pertanian Bogor
ISSN : 24075434     EISSN : 24077321     DOI : -
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
Indonesian Journal of Business and Entrepreneurship (IJBE) publishes information of empirical research and reviews in business and entrepreneurship. IJBE is published by School of Business, Bogor Agricultural University (SB-IPB) associated with Indonesian Alliance of Magister Management Program (APMMI). IJBE was first published at the beginning of 2015 with three issue per year in January, May, and September. Editor receives articles of empirical research and reviews in business and entrepreneurship.
Arjuna Subject : -
Articles 393 Documents
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The Effects of Religiousity, Pricing and Corporate Image on The Attitude and The Intention to Use Sharia Micro Financing Zuliyanti Shabrina; Lilik Noor Yuliati; Megawati Simanjuntak
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 2 (2018): IJBE, Vol. 4 No. 2, May 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.2.197

Abstract

The Developing of Micro, Small and Medium Enterprises (MSMEs) in Indonesia could not be separated from the support of banking system in bank credit disbursement to MSMEs sector. Mandiri Sharia Bank (BSM) is one of the sharia banks that had disbursed sharia micro financing (micro credit). The objective of this research was to analyze the influence of religiosity, pricing and corporate image toward the attitude and the intention to use sharia micro financing. This research, hopefully, could give recommendations of marketing strategies to increase the number of debtors to use sharia micro financing (micro credit). This research used 150 respondents that had been chosen purposively with some criteria, such as entrepreneurs (prospective customers) who have a company in MSMEs sector but they have never experienced using sharia micro financing. The data were analyzed using SEM with SmartPLS3 software. This is a quantitative research using a descriptive approach. The data of respondents were collected by face-to-face interview using a questionnaire tool. The result showed that pricing and corporate image through the attitude provided significant influence on the intention to use sharia micro financing. Meanwhile, the religiosity and corporate image provide insignificant influence on the intention to use sharia micro financing. The fixed pricing and good corporate image would increase the attitude and the intention to use sharia micro financial services.Keywords: MSMEs, SEM, intention to use, pricing, sharia micro financing
Factors Affecting Satisfaction and Loyalty of Online Taxi-Motor Partners Luvy Mayanda; Hari Wijayanto; Istiqlaliyah Muflikhati
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 2 (2018): IJBE, Vol. 4 No. 2, May 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.2.207

Abstract

A growing number of online motorcycle taxi is impacting a greater competition in its business to the extent that a business partner of the motorcycle taxi contributes a significant portion in the business. The purpose of this journal was to observe the influence of satisfaction level on partner loyalty in online taxi-motor application company in Bekasi city. The levels of satisfaction and loyalty of the business partner were measured by using CSI and CLI methods. 125 business partners, operating in Bekasi, became the respondents in this analysis based on Slovin method with 10% error margin. SEM methods were utilized to analyze the influence of the business partner characteristics on the level of satisfaction and the impact of level of satisfaction on business partner loyalty. In addition, IPA was used to analyze the significant attributes of business partner's level of satisfaction. CSI and CLI findings show that the business partners are within the satisfactory level and high loyalty towards its current partnership. SEM analysis reveals that there is a strong influence between the level of partner's satisfaction and loyalty. Better provision of trip rates has become a significant indicator for business partner during the partnership process which was examined by IPA method.Keywords: online transportation, satisfaction index, loyalty index, IPA, CSI
Determinants of Credit Decision in Consumer Financing: An Empirical Study on Indonesia Auto Financing Suwinto Johan
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 3 (2018): IJBE, Vol. 4 No. 3, September 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.3.291

Abstract

The aim of the research was to study the impacts of retail consumer’s 4 C (character, capacity, collateral and capital) on the credit quality performance of finance company. The credit quality of the consumer was analyzed using a behavior scoring system. The dependent variable was the credit quality, i.e. the non performing financing of more-than-90-day-payment due. The independent variables were the characteristics, capacity, collateral, and capital of the debtors. The samples were customers who got financing from 2013–2014 and were cut off due to delinquency by the end of 2015. Total samples were 750 customers who purchased 4 wheelers. In this research, the econometrics model was regression binary logistic model. In the model, the dependent variable was the dummy variable of customers whose delinquency was under 90-day payment due and was given 0, and the customers with delinquency more than 90-day payment due were given 1. The empirical results showed that collateral and capital had significant influence on credit quality. The collateral was represented by the title of the car ownership (title of ownership). The capital was represented by the financing tenor, at significance level = 0.05. The financing company should focus on the types of collateral, down payment, title of ownership and tenor of financing in determining credit decision.Keywords: consumer, credit, finance company, lending, logistic
Understanding The Driver Motivation of Women Entrepreneurs in Bandung Cut Irna Setiawati; Titin Rini Kartini
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 3 (2018): IJBE, Vol. 4 No. 3, September 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.3.299

Abstract

In order to support the increasing number of entrepreneurs in West Java, since 2015 Dra. Mutia Oktaviana as a woman entrepreneur and Disperindag of West Java have established Product Marketing Association (APPU) West Java. This is an association which has 200 members with the composition of 180 female entrepreneurs (90%); it has potential to rise by year to year. Therefore, this research aims to know the factors which could motivate the women who are members of APPU West Java to become women entrepreneurs especially in Bandung. This research used quantitative method with descriptive and explorative research. The sample collection utilizes a technique of Nonprobability sampling and insidental sampling with 106 respondents. In addition, the data were analyzed using a factor analyzing technique which could motivate each of the entrepreneurship supporting factors. Based on the factor analyses technique using 21 factors, the results produced the formation of 7 new factors, namely family oriented, family background and friends, income stability, hobby and facility support, public existency, challenges and risks, and phisycal limitation. The most dominant factor is family oriented consisting of the following variables: running business as well as doing housework, having more time with family, creating job opportunity for family member, and the possibility of getting big profit.Keywords: women entrepreneur motivations, factor analysis, APPU
Effect of Qualities of Service and Funding Product on Brand Image And Loyalty of Sharia Bank Customers in Bogor Afiatin Dewi; Mukhamad Najib; Irfan Syauqi Beik
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 3 (2018): IJBE, Vol. 4 No. 3, September 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.3.308

Abstract

This research objective is to determine the correlation between service and product qualities and customer’s loyalty and brand image of sharia banking in Indonesia. This is a descriptive research whose objects included Bank Muamalat, Bank BNI Syariah, Bank Permata Syariah, and Bank BTN Syariah located in Bogor City. This research used Structural Equation Model (SEM) method as a research analysis tool with 200 customers as the respondents. The proper Sharia Banking’s value is not only reflected in terms of service but also in developing products that can compete with conventional banks. The features in the products have provided easiness in transactions for customers and are free from riba. Based on the test, service and product qualities simultaneously have positive effects on brand image, and brand image positively affects the loyalty of sharia banking customers.Keywords: sharia banking, service quality, product quality, brand image, and customer loyalty
The Effect of Entrepreneurial Behavior on Salted Fish Business Performance at Muara Angke Nurfiqayumi Arnis; Lukman M. Baga; Burhanuddin Burhanuddin
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 3 (2018): IJBE, Vol. 4 No. 3, September 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.3.217

Abstract

Business performance was one of the benchmarks of entrepreneurial behavior so the concept of entrepreneurial behavior in businessmen is important, because it will impact on business performance. Entrepreneurial behavior is formed by two factors namely individual and environmental factors. The objective of this research were to analyze the effect of individual and environmental factors that influence entrepreneurial behavior and to analyze the influence of entrepreneurial behavior on business performance of Salted fish in Muara Angke. This research used Structural Equation Modeling-Partial Least Square (SEM-PLS) 3.0 for quantitative analysis. The result of this research indicated that individual factor had a positive effect and it was significant on entrepreneurial behavior with coefficient value 0.317 and t-statistics 3.860, while the environmental factor in salted fish business had a positive effect, and it was insignificant on entrepreneurial behavior because the value of t-statistics was 1,262 < 1.96. Entrepreneurial behavior had a positive effect and it was significant on business performance. This can be seen from the t-statistic value of 2.551 > 1.96, which means that any increase of entrepreneurial behavior will improve business performance of salted fish businessmen in Muara Angke.Keywords: entrepreneurial behavior, business performance, salted fish, partial least square
The Effect of Leadership, Education and Communication Channel Factors on Patient Safety Culture Tina Rahmawati; Arif Satria; Ninuk Purnaningsih
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 3 (2018): IJBE, Vol. 4 No. 3, September 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.3.227

Abstract

Organizational culture has an important role in improving patient safety. In order to improve the implementation of patient safety culture, management and organization culture need to be tranformed. The objectives of this study were to analyze patient safety culture among groups of units of the hospital and to analyze leadership, education, and communication channel related to patient safety culture. This study was based on surveys and data from Quota Random Sampling Method. The data processing for mean analysis of patient safety culture scores among groups of work units was conducted using ANOVA test while the analysis for the relationship of leadership, education, and communication channel with the patient safety culture was performed by using SEM Partial Least Square (PLS) application. The results show that safety patient culture has no significant differences among nursing work unit meanwhile, leadership and education give significant relations on patient safety culture, and communication channel has no significant relations. The patient safety culture that is evenly distributed among the nursing units is a strength for the organization, and the factors that influence the establishment of the patient safety culture on the nurses are leadership and education.Keywords: patient safety culture, leadership, education, communication channel
Analysis of Investor Sentiment Impact in Indonesia Composite Stock Price Index Return Volatility Rum Puspita Widhiarti; Lukytawati Anggraeni; Syamsul Hidayat Pasaribu
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 3 (2018): IJBE, Vol. 4 No. 3, September 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.3.239

Abstract

The Composite Stock Price Index (IHSG) is an index used as an indicator of stock price movements on Indonesia Stock Exchange and reference of capital market activities. Stock securities have high risk because they do not have maturity such as bonds so volatility is one of the important things in stock investment. Investor sentiment is one of many external factors that affecting stocks volatility. Investor sentiment is one of behavioral finance assumptions which may cause systematic risk with noise so it affects stocks volatility. Therefore it is necessary to analyze the development of investor sentiment and its impact on IHSG volatility. This study used Business Tendency Index as investor sentiment proxy and monthly IHSG. Bank Indonesia Certificates is used to get excess return. GJR-GARCH method is used in this study along the periode from January 2001 to December 2015. The results showed that there is significant effect of investor sentiment on excess return. As investors are optimistic, the uncertainty in stock market will increase while IHSG volatility will increase as the average investor is pessimistic. There is noticeable leverage effect in the presence of negative shocks resulting in higher conditional variance changes compared to positive shocks on the same magnitude.Keywords: volatility, investor sentiment, GJR-GARCH, behavioral finance, IHSG
Does National Culture Matter? An Exploratory Study on The Relationship of National Competitiveness and National Culture Sofik Handoyo
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 3 (2018): IJBE, Vol. 4 No. 3, September 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.3.249

Abstract

The purpose of the study is to examine empirically the relationship between national competitiveness and national culture. The study applied exploratory research design with national culture and national competitiveness treated as two independent variables. Hofstede’s national culture categorization namely masculinity, individualism, uncertainty avoidance, power distance, and long-term orientation was adopted. Cultural Index by GLOBE study and Global Competitiveness Index (GCI) by the World Economic Forum were used for the measurement. Descriptive statistic along with bivariate correlation analysis was used in this study. A number of samples involved in this study was 58 countries. The study concludes that national competitiveness is positively and significantly associated with national culture namely long-term orientation, uncertainty avoidance, and individualism. National competitiveness has a negative association with power distance national culture. However, national competitiveness was indicated no association with masculine national culture. The findings conclude that in general, national culture is a factor that explains why there are differences in national competitiveness among countries around the world. A suggestion for future similar research is that control variable such national income as well as the application of more sophisticated statistical analysis method should be included.Keywords: exploratory study, global competitiveness index, national culture; national competitiveness; national culture index
Strategy for Increasing Working Performance of Broiler in The Integrated Poultry Industries: Study Case in Sierad Produce Co Abieta Fellyanti Bhuwana Putri; Marimin Marimin; Imam Teguh Saptono
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 3 (2018): IJBE, Vol. 4 No. 3, September 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.3.261

Abstract

The aims of the research are to: identify the supply chain of broiler in Sierad Produce Co; calculate the value added of activities occurring in some supply chain stakeholders; measure the supply chain working performance of broiler in Sierad Produce Co; and formulate strategies recommended to increase the supply chain working performance of broiler in Sierad Produce Co. This research used data analysis methods: Asian Productivity Organization (APO) for analyzing the general situation of supply chain; Hayami mathematical model for processing the data regarding the value added analysis of supply chain stakeholders; SCOR Model for metrical plan of supply chain working performance measure; Analytic Hierarchy Process (AHP) method for determining the metrical weights of supply chain working performance measure; and Analytic Network Process (ANP) for determining the priority of strategic alternatives to increase the supply chain working performance of broiler in Sierad Produce Co. The results of value added analysis have shown that the food processing industries (downstream sector) enjoy the highest value added. Accordingly, the researcher summarized a number of points as follows: Firstly, the highest capital return in the poultry industry is caused by technological factors. Secondly, the supply chain working performance measure result shows that low working performance of commercial farm is caused by non-adaptable company in fulfilling the demand of Chicken Slaughter House. The last, the working performance increase strategic formulation result has shown that increase of Human Resources’ skill or ability is the most influential strategical alternative to supply chain working performance increase in Sierad Produce Co.Keywords: AHP, ANP, poultry industries, supply chain management, SCOR

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