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Journal of Management and Business Review
ISSN : 18298176     EISSN : 25030736     DOI : -
Journal of Management and Business Review (JMBR) is a source of scientific information for academia, research institution, government agencies, and industries. We publish research paper on management and business strategy as well as related topics.
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Articles 6 Documents
Search results for , issue "Vol 20, No 2 (2023)" : 6 Documents clear
Can ESG Policy Become the Sustainability Catalyst of Company Performance During Covid-19 Pandemic? Nora Sri Hendriyeni; Benediktus Tandya Pinasthika; Ilham Muhammad Akbar
Journal of Management and Business Review Vol 20, No 2 (2023)
Publisher : Research Center and Case Clearing House PPM School of Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34149/jmbr.v20i2.501

Abstract

This study is conducted to discover the influence of environmental, social, and governance (ESG) policy on company performance during the Covid-19 pandemic. Both the company principal and agent are expected to consider the impact of developing a policy during the pandemic, especially concerning ESG policy. The ESG disclosure study aims to verify whether the policy, which is proxied with standard Global Reporting Initiative (GRI) disclosure in the sustainability report, influences company performance, which is proxied with Tobin’s Q ratio as a measure to discover the market response. It is founded on the urgency that the pandemic alters investors’ views about the company. This research failed to verify H1 or the influence of ESG disclosure on company performance. On the other hand, H2 and H3, including control variables, significantly influence company performance, as well as the Independence of the board of directors (BoD) and board of commissioners (BoC), which also have a significant but negative influence. This study has practical implications in which disclosure of ESG policy does not significantly influence company performance due to the management mindset, which still focuses on short-term conditions. It is thus necessary to develop a long-term strategic plan while taking sustainability into account.
Pengaruh Social Media Usage terhadap Conspicuous Online Consumption Dimediasi oleh Self-Image Congruity, dan Self-Esteem pada Kaum Milenial di Jabodetabek Irsyad Muhammad Firdaus; Kurniawati Kurniawati; Nadhea Oudynella Marzia; Nindita Dwinurfrinda Putri; Radhita Intan Anggraini; Sela Kustiawan
Journal of Management and Business Review Vol 20, No 2 (2023)
Publisher : Research Center and Case Clearing House PPM School of Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34149/jmbr.v20i2.308

Abstract

Social media usage and conspicuous online consumption for millennials are widely recognized in consumer research. This study aimed to analyze the effect of social media usage, self-image congruity, and self-esteem in conspicuous online consumption among millennials in Jabodetabek. The method in this study is quantitative, using survey research on all millennials in Jabodetabek as the object of research. Data collection is used by distributing questionnaires. The research sample was selected using purposive sampling, so 202 respondents were obtained for 2 weeks in June 2021. The data testing method was an instrument test with a validity and reliability test using SPSS. The data analysis method used Structural Equation Modeling (SEM) using AMOS software. The analysis results show a significant and positive relationship between social media usage, self-image congruity, self-esteem, and conspicuous online consumption. Self-image congruity and self-esteem are able to mediate between social media usage and conspicuous online consumption. Mid-luxury brand managers are advised to target this consumer group to increase conspicuous online consumption.
Kinerja Keuangan Kelompok Bank berdasarkan Modal Inti 1 Sebelum dan Sesudah diberlakukannya POJK Fintech Amalia Putri Kusuma; Siti Hidayati
Journal of Management and Business Review Vol 20, No 2 (2023)
Publisher : Research Center and Case Clearing House PPM School of Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34149/jmbr.v20i2.344

Abstract

This study aims to determine differences in the financial performance of Bank Groups Based on Core Capital I (KBMI I) registered with the Financial Services Authority before and after the enactment of POJK Fintech number;13/POJK.02/2018 Regarding Digital Financial Innovation in the Financial Services Sector. The observation period is three years before the implementation of the POJK Fintech (2015–2017) and three years after the implementation of the POJK Fintech (2018–2020). The research data was obtained from the financial reports of Bank KBMI 1, which the Financial Services Authority published during 2015–2020. The research technique used was probability sampling, and obtained 51 banks as samples in this study from the number of Bank KBMI 1 as many as 58 banks. The data processing process uses SPSS 26 assistance and analysis techniques of Paired Sample T-Test and Wilcoxon Sign Rank Test. After processing the data, the results showed differences in profitability before and after the implementation of POJK Fintech Bank KBMI 1. There were no differences in liquidity and capital of Bank KBMI 1 before and after the implementation of POJK Fintech. Based on the results of this study, Bank KBMI 1 may consider adding to the innovation of Bank services and products related to financial management in assessing the Bank's financial performance, especially to increase the level of profitability of the Bank.
The Effect of Fraud Diamond on Financial Statements of Insurance Companies in Indonesia Novy Silvia Dewi; Benediktus Tandya Pinasthika
Journal of Management and Business Review Vol 20, No 2 (2023)
Publisher : Research Center and Case Clearing House PPM School of Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34149/jmbr.v20i2.376

Abstract

The Jiwasraya corruption scandal and related cases revealed significant financial distress, opportunities for fraud, rationalization of actions, and the ability to manipulate financial statements, emphasizing the importance of research and awareness in addressing fraudulent financial statements in the insurance industry. This study aims to analyze the impact of the fraud diamond, composed of pressure, opportunity, capability, and rationalization, on corporate financial statement fraud. This study is crucial due to the pressing issue of fraud incidents at several state-owned insurance firms in recent years. An insurance company serves as the sample for this research, using STATA to utilize 55 financial statement observations from 2016-2020, with a research duration of 5 years. The study's findings were not able to establish that the fraud diamond, composed of pressure, opportunity, capability, and rationalization, affects financial statement fraud. This contradicts the results of previous examinations and marks the first instance of rejection of a hypothesis established through regression modeling in this field of study. The occurrence of financial statement fraud may vary among sectors based on the results of this study. This study contributes to understanding fraudulent financial reporting in the insurance industry, emphasizing the importance of pressure and opportunity as key factors. 
Peran Fee-Based Income sebagai Mediator antara Layanan Digital Perbankan dengan Kinerja Keuangan di Bank Swasta yang Terdaftar di BEI Saur Costanius Simamora; Ikaputra Waspada
Journal of Management and Business Review Vol 20, No 2 (2023)
Publisher : Research Center and Case Clearing House PPM School of Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34149/jmbr.v20i2.434

Abstract

The study analyzed the effect of mobile banking, internet banking, and e-wallet on ROA through fee-based income from digital services at private banks listed on the IDX. The objectives of this study are (1) to the effect of mobile banking, internet banking, and e-wallet on fee-based income, (2) to analyze the influence of mobile banking, internet banking, and e-wallet on return on asset (ROA) (3) to Formulate managerial implications for increasing the use of digital service at private bank listed on the IDX. The data in this study were analyzed using Structural Equation Modeling (SEM) Pls with 396 data with a sampling technique using purposive sampling in 2019-2021. The indicators used were the number of users, the number of transactions, and the nominal transactions. The results show that e-wallet has an effect on fee-based income and also has an effect on ROA. However, mobile and internet banking do not affect fee-based income and ROA. The managerial implications that can be given are maintaining the performance of e-wallet services, improving the performance of mobile banking and internet banking services with technology features, and promoting services to old and new customers at private banks listed on the IDX.
A Review of Financial Literacy in Southeast Asian Cognate Countries Endang Komesty Sinaga; Ikaputra Waspada
Journal of Management and Business Review Vol 20, No 2 (2023)
Publisher : Research Center and Case Clearing House PPM School of Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34149/jmbr.v20i2.437

Abstract

A cashless society is a collective vision of world citizens to create a payment system that is faster, more flexible, and more automatic. This study aims to formulate findings on publications conducted in 2012-2022, focusing on a cashless society. Using the Systematic Literature Review approach, this study uses 14 main sources from the Scopus database to identify shared understanding, supporting factors, and the impact of a cashless society from the perspective of researchers. This study found that the formation of a cashless society is a solution for efforts to grow the economy and speed up societal transactions. Another benefit is the prevention of criminal acts of corruption, extortion, and fraud, where electronic payments made in a registered manner have suppressed these crimes. The dark side of a cashless society is the potential for privacy violations and paralysis of the economic system caused by internet system failures

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