Management Analysis Journal
Management Analysis Journal (MAJ) is an open-access electronic journal focusing on scientific work on the field of business. This journal applies the theory developed from business research and connects it to actual business situations. The articles within this journal are published quarterly (March, June, September, and December). This journal is maintained and issued by Departement of Management, Faculty of Economics, Universitas Negeri Semarang. MAJ has been accredited by National Journal Accreditation (ARJUNA) Managed by Ministry of Research, Technology, and Higher Education, Republic Indonesia with Third Grade according to the decree No. 23/E/KPT/2019.
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The Influence of Ecological Leadership and Organizational Culture on Pro Environtmental Behaviors: The Mediating Employee Environmental Empowerment
Adhiati, Sekarini;
Ratnawati, Intan
Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v10i2.42119
The aim of this study was to analyze the extent to which a company implement environment-based sustainable improvement. In modern era, many companies put emphasis on improving economic sector while ignoring environmental sustainability. The faster the industrial growth in Indonesia is, the more waste it generates. Thus, in order to increase pro-environmental behavior at PT Telekomunikasi Indonesia Regional Division IV Central Java and Yogyakarta, it is necessary to have leaders who adopt ecological leadership and organizational culture models. Therefore, the specific aim of the study was to determine the role of employee environmental empowerment in this company. The results showed that ecological leadership and organizational culture had a positive and significant effect on employee environmental empowerment and pro-environmental behavior. Employee environmental empowerment had a positive and significant effect on pro-environmental behavior. Meanwhile, as the total effect on ecological leadership had the highest effect value, the ecological leadership was the main key of this company. This suggests that the function of the ecological leadership has to be maintained and its quality has to be improved so that employees have a role model who is able to motivate and generate a spirit of caring for the environmental issues in the company.
The Influence of Financial Attitudes and Lifestyle On Financial Literacy (Case Study of Housewives in Lekong Village, West Alas District, Sumbawa Regency)
Salam, Abdul;
Mulyati, Indah
Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v10i2.45152
This study aims to examine whether financial attitudes and lifestyle have an effect on financial literacy in housewives in Lekong Village, West Alas District, Sumbawa Regency. The study wanted to find the phenomenon of the role of women in improving the welfare of society which is quite large, while on the other hand, the level of financial literacy of women in Indonesia is lower than men. This study uses quantitative methods, the sampling technique uses probability sampling method simple random sampling. The sample in this study may be 100 respondents of housewives in Lekong Village, West Alas District, Sumbawa Regency, obtained by distributing questionnaires. Data analysis in this study using multiple linear regression using SPSS software. The results showed that the variables of financial attitudes and lifestyle had a positive and significant effect on financial literacy.
Determinants of Funding Decision: Empirical Evidence from Companies Listed in Indonesia Stock Exchange
Risnaeni, Eva Yuni;
Khoiruddin, Moh
Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v10i2.45521
The funding decision is an important decision for the company because this is the main decision in financial management that will directly influence the company’s financial position. The phenomenon from 2014-2018 describes that companies listed on the Indonesia Stock Exchange have increased levels of debt and debt to equity ratio so the proportion of debt still dominates in the company’s capital structure. This study intends to test empirically the impact of the investment opportunity set (IOS), managerial ownership, institutional ownership, and profitability on corporate funding decisions. The population of this research is all companies listed on the Indonesia Stock Exchange for the period 2014-2018. Samples that match the criteria based on the purposive sampling technique are 83 companies with a period of 5 years in order to obtain a result of 415 units of observations. Data were collected using the documentation method/secondary data. Data were analyzed using the panel data regression method and processed using Eviews version 9 software. The results of the research evidence that the investment opportunity set (IOS) has a significant positive effect on funding decisions, while institutional ownership and profitability have a significant negative effect on funding decisions. However, managerial ownership has no significant effect on funding decisions. For further researchers, it is suggested to develop a similar theme by adding variables that influence funding decisions, changing managerial ownership proxies, and adding IOS proxies to get better research results.
The Effect Risk of Credit, Efficiency, and GCG of Bank Profitability (Study in Conventional Commercial Banks Registered on the Indonesia Stock Exchange Period 2012 - 2019)
Ayuningrum, Anggrainy Putri
Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v10i2.45940
The purpose of this study to test the effect of risk credit, efficiency and Good Corporate Governance to profit bank in the Indonesian conventional bank. GCG represented by board size, board meeting and disclosure. This study used quantitive research using purposive sampling method and obtained 22 banks by the annual bank report of BEI during 2012-2019 were selected as samples with a total of 174 observation. Data analysis in this study is a multiple linear regression analysis using SPSS Statistic 22. This study is NPL, and BOPO has a negative and significant effect on conventional commecial bank’s profitability. The control variable has size get a positive and significant impact to profitability bank. Board Size, Board Meeting, and Disclosure have not significant effect to the profitability bank. The advice provide is bank should pay attention to risk mitigation of credit and do efficiency on their activity. Furthermore, researchers are also expected to add other independent variables that can affect profitability banks such as CAR, LDR , Risk Commite Meeting, and other control variables like age.
The Optimization Strategies of Student Knowledge and Behavior in Plastic Waste Management of Semarang State University
Widyawati, Shaiba Ayu;
Prajanti, Sucihatiningsih Dian Wiska;
Hardati, Puji
Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v10i2.48357
The objective of this paper is to analyze the strategies that have been carried out by UNNES on student knowledge understanding and behavior in plastic waste management and prioritize optimization strategies of student knowledge and behavior in plastic waste management in the Semarang State University environment. This research was designed descriptively by using a qualitative analysis approach using key persons consisting of Head of the UPT BANGVASI UNNES, Head of the UNNES Household Section, Academics who are experts in the conservation field, and UNNES students. Furthermore, the analytical tool used to determine the optimization strategy in this research used the Analytical Hierarchy Process (AHP). The location of this research was on the Semarang State University Campus, which consists of the Sekaran Campus and the UNNES Postgraduate Program Campus. The results of the research showed that (1) The first criteria that are most prioritized in the strategy to optimize student knowledge and behavior in plastic waste management are facilities and infrastructure with a weight value of 45.8% or 0.458; (2) The second priority criterion is HR with a weight value of 41.6% or 0.416; (3) The last strategic priority criterion is policy criterion with a value of 12% or 0.126.
Political Connection and Cost of Capital Indonesian Case Study
Abiprayu, Kris Brantas
Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v10i2.48927
This research aims at examining the impact of political connection on financing facilitation by measuring cost of capital imposed to non-finance companies in Indonesia from 2009-2017. During the period, there is a change in the Indonesian government which is initially led by President Yudhoyono (2009-2014) from the Democratic Party and then by President Joko Widodo (2014-now) from the Indonesian Democratic Party of Struggle. Opposing one another, both parties share different political views. Therefore, it is interesting to find out how governmental change influence cost of capital. The research sample is financial statements of non-finance companies.
The Effect of Emotional Intelligence and Transformational Leadership on Innovative Work Behavior with Psychological Empowerment as a Variable Mediation
Diana, Linda Nur;
Sudarma, Ketut
Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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The purpose of this study is to determine the effect of emotional intelligence and transformational leadership on innovative work behavior through psychological empowerment. The sample in this study were all employee of CV. Mubarokfood Cipta Delicia Kudus. The data collection method using a questionare and survey. The data analysis method used were Structure Equation Model- Partial Least Square (SEM-PLS) using the SmartPLS 3.0. The results showed that emotional intelligence has a significant positive relationship on innovative work behavior, however transformational leadership has a positive relationship but non significant on innovative work behavior. Emotional intelligence and transformational leadership have a positive significant on psychological empowerment. Psychological empowerment succesfully mediates the relationship between transformational leadership and innovative work behavior but fails to mediates the relationship between emotional intelligence and innovative work behavior. Future studies are expected to be able to take samples on different sector to generalize the results of research and develop variables that are able to as antecendent factor on innovative work behavior.
Investment Opportunity Set and Dividend Policy: An Evidence in Indonesia Manufacturing Sector
Ifadah, Anna Zulfatul
Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v10i2.43682
This study aims to examine whether the investment opportunity set affects the dividend policyof manufacturing companies in Indonesia. The study population is manufacturing companies listed on the IDX during the 2009-2018 period. The sampling technique was carried out using a purposive sampling method and obtained 140 samples. Data analysis in this study used descriptive analysis, the best panel data estimation model test, and linear regression analysis. The result of the model test show that the best panel data estimation model is the random effect. Hypothesis test result show that the investment opportunity set has a significant negtive effect on dividends for manufacturing companies.
The Influence of Celebrity Endorser and Online Promotion on Purchase Decision Through Brand Image
Lestari, Mulianda;
Wahyono, Wahyono
Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v10i2.45545
The purpose of this study was to determine whether celebrity endorsers, brand image and online promotion had an effect on purchasing decisions, and to determine whether brand image is able to mediate celebrity endorsers and online promotion on purchasing decisions. The population data in this research is consumers of Mustika Ratu cosmetic products in Semarang City. The total sample is 115 respondents. This research using the incidental sampling technique. The data analysis method in this research using descriptive analysis, regression analysis, and path analysis with IBM SPSS version 20. The research result shows that celebrity endorser, online promotion and brand image had positive and significant influence on purchasing desicion. Brand image are also able to mediate the effect of celebrity endorser and online promotion toward purchasing desicion. The suggestion givento pay more attention to the selection of celebrity endorsers an effort to increase purchasing decisions. For further researchers, it is expected to conduct research with the same aspects in different areas the consistency of this research can be tested.