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Jurnal Manajemen dan Kewirausahaan (JMDK)
Published by Universitas Merdeka Malang
ISSN : 23019093     EISSN : 25408259     DOI : https://doi.org/10.26905/jmdk
Core Subject : Science,
Decision Sciences, Operations Research & Management
Jurnal Manajemen dan Kewirausahaan is a periodical issue containing information and analysis related to management science and entrepreneurship. This journal is of a popular scientific nature that includes both theoretical and empirical research.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 12 Documents
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Search results for , issue "Vol. 11 No. 2 (2023): December (2023)" : 12 Documents clear
The Influence of Social Comparison Orientation on Attitudinal Loyalty, Brand Happiness, and Willingness to Purchase a Masstige Brand Rachman Tri Fridian; Burhanudin Burhanudin
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.10501

Abstract

Individuals often compare themselves to others because of the rise of social media, which can make them want to buy something like a luxury brand. However, reaching luxury brand will be difficult because in addition to the high price, the product is also made in limited quantities. Therefore, masstige brand is an alternative that companies can use. This study aims to determine the effect of social comparison orientation on willingness to purchase masstige brands and their impact on attitudinal loyalty and brand happiness. In this study, there were 211 participants. Structured equation modeling was used to analyze data. The results of analysis show social comparison orientation has an impact on willingness to purchase a masstige brand, resulting in attitudinal loyalty and brand happiness.
Locus of Control Mediates Financial Attitudes, Knowledge, and Income effects on Millenial Financial Management Behavior in DKI Jakarta Margareta Turnip; Herry Krisnandi
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.9624

Abstract

The millennial generation is capable of working and is already making money. However, a person's capacity for managing money is crucial, and this is connected to their finance knowledge. In this study, we investigate the effects of financial attitude, financial knowledge, and financial conduct on financial management behavior and locus of control, as well as the role of locus of control in mediating these associations. The study's sample included the following 220 millennials between the ages of 25 and 40 who were employed in the DKI Jakarta Province made up the sample for this study. The results of this study demonstrate that financial management behavior is highly influenced by financial attitude, financial knowledge, and income. Additionally, there is no obvious connection between locus of control and financial management practices. This study also discovered that income, financial knowledge, and financial attitude all significantly affect locus of control, but that locus of control is unable to mitigate the effects of these factors on financial management behavior.
Culture and Entrepreneurial Orientation in Generation Z with Gender as a Mediating Variable Ade Octavia; Zulfanetti Zulfanetti; Yayuk Sriayudha
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.11194

Abstract

Entrepreneurial orientation should develop as an integral part of strengthening entrepreneurial character. Generation Z, with different gender and culture, has distinct characteristics in terms of entrepreneurship. This study aims to analyze the following: (1) How culture and gender influence entrepreneurial orientation in the group of people who belong to Generation Z and (2) How gender can mediate the influence of culture and entrepreneurial orientation in Generation Z. The population of this study consists of the age group included in Generation Z, with a research sample of 200 respondents. This study used a probability sampling technique for data collection, using questionnaires as research tools. Data were analyzed using the Structural Equation Model (SEM/PLS). The results of this study expected to contribute to the theoretical implications for other researchers in related fields. The research findings show that there is an influence of culture and gender on entrepreneurial orientation. However, there is no influence of culture on gender. In addition, gender variables cannot mediate the relationship between culture and entrepreneurial orientation.
Exploring the Interplay of Investment Knowledge, Motivation, Minimum Capital, and Risk Perception in Shaping Students' Interest in Capital Markets Hasanudin Hasanudin
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.11073

Abstract

The primary objective of this research is to conduct an analysis of the impact of independent variables, specifically Investment Knowledge, Motivation, Minimum Capital, and Risk Perception, on Investment Interest. The study encompasses the 2019 cohort of students enrolled in the Management Study Program, comprising a total of 453 individuals, including both regular students and employees. The selection of the research sample follows a probabilistic approach, utilizing purposive sampling techniques. This method involves the establishment of specific criteria that prospective samples must meet, resulting in a final sample size of 212 students. Data collection was accomplished through the distribution of questionnaires to the student cohort, serving as the primary data collection instrument. The data analysis procedures employed in this study encompass descriptive analysis and inferential analysis, with the latter involving multiple linear regression. Statistical analysis was conducted using the Statistical Product and Service Solution (SPSS) version 23.0 software. The findings of this research underscore the significant and positive influence of Motivation, Minimum Capital, and Risk Perception on Investment Interest. However, it is worth noting that Investment Knowledge, while positively correlated with Investment Interest, did not yield statistically significant results in this context.
Path Analysis of the Work Environment and Motivation on Loyalty with Job Satisfaction as Intervening Variables Rhendy Akhmad Firdaus; Popy Navita Pasaribu
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.10726

Abstract

Today's business competition requires organizations to be able to have employees who can be competitive in all fields, motivation and a comfortable work environment can be factors that can lead to loyalty to job satisfaction in order to achieve organizational goals. The method of this study is purposive sample and data collection by distributing questionnaires to several government agencies and private institutions. We analyzed with quantitatively using the test of validity, reliability and the path analysis method. The research show all of the item of question is valid and show that there is a direct significant effect of work environment and motivation on job satisfaction; directly there is no significant effect of the Work Environment on Loyalty; there is a direct significant effect of motivation on loyalty; there is a direct significant effect of job satisfaction on loyalty; indirectly the work environment through job satisfaction has a significant influence on loyalty and indirectly motivation through job satisfaction has a significant influence on work loyalty.
The Effect of Information Quality, Quantity, Credibility, Usefulness, and Adoption on Purchase Intention of Kahf Skincare at Shopee Rizki Ardiansyah Harahap; Ratni Prima Lita; Meuthia Meuthia
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.10827

Abstract

This study aims to analyze and examine the direct effect of information quality, information quantity, information credibility on information usefulness and information adoption and on purchase intention. This research is explanatory research. The sample size of this study was 216 respondents, who came from Padang City with an age range of 18-25 years and who had used shopee and knew information about Kahf skincare in Shopee e-commerce. The sampling technique in this study was non-probability with purposive sampling method. The data collection technique used a questionnaire with a Likert scale. Data analysis with Structural Equation Model with SmartPLS 4.0. The results showed that the variables of information quality, information quantity, information credibility had a positive and significant effect on information usefulness, the information usefulness variable had a positive and significant effect on information adoption and the information adoption variable had a positive and significant effect on purchase intention.  
Effect of Stock Split on Abnormal Return, Trading Volume Activity, Stock Price, Bid-Ask Spread, and Systematic Risk of Companies Hery Haryanto; Lina Lina
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.10968

Abstract

Go-public companies can use various techniques and strategies to collect capital for their companies. One of them is by carrying out corporate actions. Stock Split is a company strategy that increases the liquidity of a stock by breaking it into several shares. This study was conducted to see the effect of stock split on whether there were differences in abnormal returns, trading volume activity, stock price, bid-ask spread, and systematic risk at companies that conducted stock split in the 2018-2020 period. A total of 40 companies registered on the IDX and conducted stock split from 2018-2022 to be selected samples using the purposive sampling method. In data processing, software-based technology is used SPSS 25. Based on the calculation and results of data analysis, there are differences in the abnormal return variable before and after the stock split is carried out. While other variables, namely trading volume activity, stock price, bid-ask spread, and systematic risk, no difference between before and after stock split is carried out by the company.
The Mediating Role of Consumer Trust in Influencing Student Orientation to Invest Using Ajaib App: A Framework Based on SEM-PLS Ika Barokah Suryaningsih; Alis Puspita Dewi; Marmono Singgih; Sumani Sumani; Rizky Atika Salsabila Ivabianca Putri
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.10390

Abstract

This explanatory study aimed to examine the mediating role of consumer trust in influencing information quality and perceived security on intention to invest using the Ajaib Application. The data obtained by the distribution of online questionnaires. The sample used is 160 students in university. The data analysis conducted with SEM-PLS using SmartPLS 3. The results showed that both the information quality and perceived security, had a positive and significant effect on intention to invest. The results also indicate that consumer trust significantly mediates information quality and perceived security on intention to invest. It is recommended for companies to maintain the quality of existing information and improve application security in order to build the user trust so that they can encourage their intention to invest using the Ajaib application.
Psychological Welfare on Organizational Commitment in Insurance Agents through Turnover Intention Ilhammuddin Ilhammuddin; I Made Adnyana
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.9622

Abstract

This study aims to examine and analyze the effect of job satisfaction and mental health on welfare partially and to formulate company policies related to agent turnover intention for company progress. The research used Analysis of Moment Structure-Structural Equation Modeling (AMOS-SEM) using 150 samples. The research findings show that job withdrawal, as opposed to job satisfaction and mental health, has a direct, beneficial, and large effect on intention to leave. In addition, well-being has a direct, significant, and beneficial effect on intentions to migrate. Meanwhile, the effect of work engagement on organizational commitment is negligible and direct. Meanwhile, Job Satisfaction has a negative and insignificant direct impact on well-being, a large psychological impact on organizational commitment.
The Influence of Leadership Development on Civil Servants Performance through Work Motivation Herman Peudada Peudada; Sugito Efendi
Jurnal Manajemen dan Kewirausahaan Vol. 11 No. 2 (2023): December (2023)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v11i2.9489

Abstract

The aim of the research is to find out how the performance of civil servants of the Directorate General of Agrarian Affairs is through work motivation and the impact of visionary leadership, work culture and career development. Analysis The PLS-SEM (Partial least square path modeling) approach was used in this study as part of the quantitative research methodology. Use the questionnaire as the main tool for collecting data. The research sample consisted of 103 answers from a saturated sample. Discussion of the results of the research resulted in the conclusion that visionary leadership, work culture, and career development have a direct, positive, and large effect on work motivation at the Directorate General of Agrarian Management. The direct impact of civil servants performance at the Directorate General of Agrarian Management is visionary leadership, work culture, career development, and work motivation. Through work motivation, visionary leadership, work culture, and career development have an indirect and quite large impact on civil servants.

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