Binus Business Review
Binus Business Review is an international journal published in March, July, and November hosted by the Research and Technology Transfer Office (LPPM) of Universitas Bina Nusantara. The journal contents are managed by the Binus Business School, Faculty of Economics and Communications, and Forum Manajemen Indonesia (FMI). BBR has been accredited by DIKTI under the decree number 158/E/KPT/2021. BBR provide a forum for lecturers, academicians, researchers, practitioners, and postgraduate students to publish empirical multidiscipline research in business & management research, from operations to corporate governance and marketing. All empirical methods including, but not limited to, qualitative, quantitative, field, laboratory, meta-analytic, and mixed methods are welcome.
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1,231 Documents
Opportunity for Tourism Professional Development in Indonesia
Menara Simanjuntak
Binus Business Review Vol. 4 No. 1 (2013): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v4i1.1412
This study focused on opportunities related to the professional growth of tourism in Indonesia at this time and in the future. The proportion of workers in the tourism sector, including the fourth largest after agriculture, manufacturing and non-manufacturing, tends to grow very fast, because tourists visiting Indonesia will increase sharply in coming years. The purpose of this study is to provide advice to the government, tourism, and educational institutions in Indonesia's tourism industry together, and to support each other to improve the quality and quantity of human resources in tourism in the present and the future in Indonesia. Data and information gathered from various sources perform literature review and discussion of the need for professional projections based on existing data and information and resume discussions and depth interview with lecturer of tourism and a SWOT analysis as a qualitative analysis. This study gave recommendation that Indonesia needs to improve the quantity and quality of human resources in tourism to become the domain of educational institutions, ranging from tourism vocational high school, Academy, College, and Tourism Courses at the University. Therefore the government should seriously facilitate the tourism educational institutions to achieve quality accreditation as required.
Analisis Dampak Jika Redenominasi Dilakukan: Pengaruhnya terhadap Daya Beli Masyarakat Indonesia
Kartika Dewi
Binus Business Review Vol. 4 No. 1 (2013): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v4i1.1413
The government of Indonesia has approved Bank Indonesia to redenominated Rupiah currency by eliminating three zeros starting 2011 until 2020. The Law itself is still waiting an approval from Right and Human Right Ministry then passed by the House of Representatives. The problem occurs when RupiahRedenomination will make purchasing power lower for most Indonesia. There are many pros and contras about this plan. Opponents claimed it will make the economy worse. On the other hand, Proponents can wait to see Rupiah will have the same value with other currencies, boost up rupiah credibility in international. Writer wants to analyze this plan from purchasing power for Indonesian when the program will be implemented this year 2013. Of course, it will have positive side as well as negative side. The fact that the prices for goods and servicesalways increase each month and those increases will accumulated at the end of the year will result significant increase. This big increase will result big inflation. The truth is inflation is rising up in Indonesia everyday. Government told inflation is under control but most Indonesian is getting suffered with this price increase. Most people can not afford for basic necessities. Businessmen tried to increase their employess salaries and wages but the increase is smaller than its goods pricess in results the increase in salary and wage can not cover the prices hike for goods. Journal is made by collecting information through internet, simple questioners with students and employes with Binus University campus,text-books, own experiences as Indonesian citizen.Then writer drawn a conclusion and suggestions. The result from this research based on simple questioner is disagreement on Rupiah Redenomination. At the end, writer concludes that Indonesia needs good moral citizens who can make a drastic change for Indonesian’ sake.
Us Dividend Policy Analyses
Michael Wijaya
Binus Business Review Vol. 4 No. 1 (2013): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v4i1.1414
The main issue writer examines in this writing is to analyze whether or not dividend policy is a determinant to maintain stock values or firm values as a whole. It is essential that dividend policy is managed properly to enhance the satisfaction of the investors at any level of characteristics. At the end, investors are the key that determines the stock value movement. Some investors are looking for capital gain and some do care about dividend payout. Thus, the decision of dividend policy becomes crucial. It needs to understand that a firm's dividend policy may have effects on shareholder welfare. The answers can be found out by analyzing different factors of dividend policy. Taken as a whole, to see if there are other alternatives if dividend policy that can maintain or even boost up firm values. Different dividend policy has some upsides and downsides that a corporation needs to consider. One of the alternatives that is common and has become a key is stock repurchase plan.
Evaluasi Sistem Informasi Akuntansi terhadap Pembayaran Klaim Nasabah pada Asuransi Perorangan di Asuransi Jiwa B
Rima Delly Desianawati;
Rindang Widuri;
Eka Novianti
Binus Business Review Vol. 4 No. 1 (2013): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v4i1.1415
Life Insurance B is a company engaging in the services of people protection. Evaluation of accounting information system which relates with the customer claims payments made by the company has the objective to identify the weaknesses in the system of disbursement procedures and to provide the new recommendations. In doing the research, the author conducted literature research and field research. Fieldwork was conducted in order to obtain accurate and real data. Based on the research, writers found some weaknesses in the payment process customer claims, including the claim that the document is not to be numbered prints, the differences in the status of the policy and double claim status. There are weaknesses in the control applications such as sequence check, check and reasonable limits, total control check, which have not been applied to the company as well. In the company’s report, there has been no report on the problems that occur in a given period. To overcome these weaknesses, writers suggest a new document in the form of proposals that have been accompanied by a serial number printed. Should the company implement a weekly batch system with a view to have the latest report from branches every week, not every month. And finally the employees should make report any problems that occur in the company, so that problems that occur can be easily monitored by the authorities.
Pengaruh Pergantian Auditor dan Kualitas Audit terhadap Opini Audit Going Concern: Studi Empiris Perusahaan Manufaktur di Bursa Efek Indonesia
Arlen Djunaidi;
Gatot Soepriyanto
Binus Business Review Vol. 4 No. 1 (2013): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v4i1.1416
This study aims to analyze the effect of auditor switching and audit quality on going concern audit opinion in listed manufacturing companies of the Indonesia Stock Exchange (BEI) in the year 2006 to 2008. Auditor switching was marked by a change to the Public Accountant firms (KAP) who perform the audits or companies used the services of an auditor different than before. Audit quality is proxied by the scale of the BigFour auditors or non-Big Four. Going-concern audit opinion is the explanation given by the auditor if there is any doubt regarding the ability of the company to survive in the future. This study used 70 samples out of 452 populations, using purposive sampling technique in which the main criterion is the sample company received going-concern audit opinion in the year preceding the auditor switched. Results of the study showed that the change of auditors and audit quality is not a factor in determining going concern audit opinion of the company.
Uji Efektivitas Sponsorship Produk Bearing Racing pada PT. SKF Indonesia Periode 2008 - 2012
Septian Willy Yanto;
Tomy Gurtama Soemapradja
Binus Business Review Vol. 4 No. 1 (2013): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v4i1.1417
The highest achievement of marketing is sales transaction, so the marketing strategy should have impacts on sales. Promotion in the form of sponsorship has just been conducted by PT. SKF Indonesia since 2010-2011. This study aims to analyze the development of bearing products in PT. SKF Indonesia and to test the effectiveness of promotional strategies in the form of motor racing team sponsorship based on average sales of the bearing racing products data. Anova test results showed that the average sales prior to sponsorship were smaller than the average sales after sponsorship. Thus, sponsorship strategy is efective to raise the average of bearing racing product sales in SKF Indonesia with α = 0.05 and 0.01.
Analisis Pengaruh Variabel-variabel Ekonomi Makro terhadap Return Saham
Sunaryo Sunaryo
Binus Business Review Vol. 4 No. 1 (2013): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v4i1.1418
The primary objective of this research is to learn the effecting inflation, interest rate of Indonesian bank certificate, changes of exchange rate, and changes of outstanding money amounts variables with changes of the return Jakarta composite index. Secondary data were collected from Jakarta composite Index, annual Indonesian bank report, Jakarta daily newspaper, and preceding research by using judgment sampling until it got normal distribution data with Kolmogorov-Smirnov test. The results of this research described that inflation, Interest Rate of Indonesian Bank Certificate, and changes of outstanding money variables have not significant effect to the changes of return Jakarta composite index; and changes of exchange rate have significant effect to the changes return of Jakarta composite index. Inflation, interest rate of Indonesian bank certificate, changes of exchange rate, and changes of outstanding money amounts variables have simultaneous significant effect to thechanges return of Jakarta composite index. Topic of this research may continue using other countries or added more than 75.20 % of independence variables.
Mengukur Efektivitas Social Media Bagi Perusahaan
Kuspuji Catur Bagus Wicaksono
Binus Business Review Vol. 4 No. 1 (2013): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v4i1.1419
Enterprises have a new tool in conducting marketing activities to reach more targeted consumers, which is social media. Social media provides a wide range of alternatives for entrepreneurs and companies in conducting marketing activities, which has more interaction and more social to consumers. However, in doing so it is not carelessly, because it must take into consideration the use of measurement and the benefits that would be obtained by using social media. Recently, there are many existing measurements. However, along with the development of the information technology, means to do marketing have to develop also.
Foreign Trade-Foreign Exchange Nexus in Nigeria: A Vector Error Correction Modelling Approach
Olushina Olawale Awe;
Damola M. Akinlana;
Sherifat Omolola Adesunkanmi
Binus Business Review Vol. 7 No. 1 (2016): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v7i1.1427
This study investigates trade foreign exchange nexus in Nigeria. This study is also done with a view to detecting the kind of relationship that exists between the two and also to investigate their co-integration. Annual time series data for the period 1996 – 2010 was used for the study. The Vector Correction Model (VECM) approach was employed to determine both the short and long run relationships. Results showed that the series becomes stationary after second difference. The co – integration test reveals five co – integrating vectors in the model, implying that the variables have the same stochastic drift. The study concludes that a long-term relationship exists between foreign trade and exchange rates implying that foreign trade flows have a strong link with exchange rates in Nigeria.
Family Business: An Entrepreneurial Longer-Term Perspective
Ratna L. Nugroho
Binus Business Review Vol. 7 No. 1 (2016): Binus Business Review
Publisher : Bina Nusantara University
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DOI: 10.21512/bbr.v7i1.1428
This family business case study is concerned with investigating the issue of the complexity of the many views of the family business research, focusing exclusively on the entrepreneurial concept. In taking this concept, three characteristics were identified in this case study, namely: the attitudes, the skills, and the behavior. Along with these findings, it is suggested that the conceptual model, the so-called “the three circles,” where this three circle has an overlap and identify as a longer-term entrepreneurial perspective within the family-owned enterprise.