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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Diversity of the Board of Directors and Company Financial Performance in the Perspective of Good Corporate Governance
Ridloah, Siti;
Noekent, Vitradesie;
Putri, Vini Wiratno;
Waliuddin, Achmad Nauval
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.55409
Companies with diverse boards provide various resources to the organization. The existence of good governance will result in good decisions as well, thus directing the company in generating high profits. This study aims to analyze the effect of board of directors diversity on the company's financial performance (ROA).This study develops and focuses on the variables of gender, nationality, age, education, and independent commissioner as variables that describe the diversity of the board. This study uses a quantitative approach with secondary data sources. The population used is banking sector companies listed on the Indonesia Stock Exchange for the 2009-2019 period. The sampling technique used purposive sampling method. The data analysis used is multiple linear regression. Based on data analysis, the results obtained that national diversity and educational diversity have a significant effect on the company's financial performance. Meanwhile, gender diversity, age diversity and the existence of independent commissioners have no significant effect on financial performance. Simultaneously, gender diversity, nationality diversity, age diversity, education diversity and the existence of independent commissioners have a significant effect on the company's financial performance
Good Corporate Governance and Leverage Control Variables at Agency Cost: Non Financial Companies in Indonesia
Prasastine, Sachqnava Aguesta;
Yulianto, Arief
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.58785
This study aims to determine the effect of good corporate governance and leverage as a control variable on agency costs. Agency cost is proxied by asset turnover ratio and good corporate governance is proxied by institutional ownership, managerial ownership and independen board of commissioners. The population in this study are non-financial companies listed on the Indonesia Stock Exchange in 2008-2020. The sample in the study was 60 companies obtained through purposive sampling technique. The study used multiple linear regression using the random effect model. This study has the result that institutional ownership and independen board of commissioners have an insignificant negative effect on agency costs. Managerial ownership has a significant negative effect on agency costs. Leverage as a control variable has a significant negative effect on agency costs.
Effect of Servant Leadership and Leader-Member Exchange on Organizational Commitment through Job Satisfaction
Hadi, Marhendri Indria;
Riva'i, Alimuddin Rizal
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.58824
This study aims to analyze the effect of servant leadership and leader-member exchange on organizational commitment with job satisfaction as a mediation. The population in this study were employees of the Central Java I Regional Tax Office who had no subordinates totaling 135 respondents. Sampling was done by using census sampling technique that took all the existing population. The type of data used is primary data and the method of data collection is done by using a questionnaire. The analysis used in this study is linear regression analysis using SPSS 21 software. The results of the study show that servant leadership and leader-member exchange have a positive and significant effect on job satisfaction. In addition, servant leadership, leader-member exchange, and job satisfaction have a positive and significant impact on organizational commitment. Job satisfaction also mediates the effect of servant leadership and leader-member exchange on organizational commitment.
The Roles of Person-Job Fit and Job Satisfaction on Work Engagement in Employees of Company X Semarang
Aidina, Nabila Rahma;
Prihatsanti, Unika
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.59128
The study aims to determine the role of a person-job fit and job satisfaction on work engagement. Work engagement is the ability of individuals in organizations that are positively characterized by energy outfits both physically and mentally and substantial work involvement. Person-job fit is an individual assessment of the suitability between the ability of employees and work demands and the suitability of individual needs and what can be given by the job to employees. Then, job satisfaction is a feeling of happiness or unhappiness that employees feel at work done by looking at aspects of conditions that exist in work. It is quantitative research. Samples are 116 employees taken by population sampling. The measuring instrument used uses the Work Engagement scale (25 Items, α = 0.87), Person-job fit Scale (12 items, α = 0.96), and Job Satisfaction Scale (12 Items, α = 0.97). Data were analyzed by using multiple regression analysis, with the results showing a positive role in person-job fit and job satisfaction on work engagement(RX = 0.37 with; p <.0.00). These results indicate that there is a significant positive role in Person-job fit and job satisfaction on work engagement. Person-job fit and Job Satisfaction made a compelling contribution of 14.3% on work engagement.
How Port Service is Important for Logistic Companies? Examining Role of Service Ambidexterity and Service Agility
Rohmah, Nur
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.60882
Business dynamics and development demand that one of the infrastructures in shipping goods by sea, namely the Port, can improve the quality of its services. Improving service quality can be done by establishing ambidexterity services and agility services. This research elaborates on the effect of ambidexterity and agility services on customer satisfaction through port service performance. The sample used is 183 service users companies engaged in logistics; therefore, this study analyzes the business-to-business (B2B) relationship. The novelty of this study is to analyze the variables regarding port services to determine their effect on service user satisfaction. The study's results found that service ambidexterity positively affected performance and satisfaction. The research also proved that service agility affected performance and satisfaction. The study found that performance partially mediated service ambidexterity and service agility on service user satisfaction.
Understanding The Role of Materialism on The Relationship Between Advertising and Compulsive
Randikaparsa, Irawan;
Anggara, Ali Akbar;
Suparno, Chandra;
Rafinda, Ascariena
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.62410
To academics and policymakers. This study is to examine the effect of Advertising on compulsive purchasing and materialism as mediating variables in Purwokerto. Using the snowball sampling technique, 450 samples were gathered from various areas of the city of Purwokerto, Indonesia. This research employs PLS. The promotion was statistically significant at 5% and had a positive link with materialism in Purwokerto, Indonesia, according to the findings. Similarly, materialism was found to be statistically significant and favourable in 95% of compulsive buyers. , materialism influences the connection between advertising and compulsive purchasing. The study suggests that it is essential to prioritize these elements.
Factors Affecting Organizational Citizenship Behavior
Niamila, Ocvi;
Palupiningdyah, Palupiningdyah
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.49961
This study aims to determine the effect of job satisfaction and perceived organizational support on OCB through organizational commitment as a mediating variable on employess of Perumda Air Minum Tirta Mulia Kabupaten Pemalang. The type of research used is quantitative research, with a sample of 97 respondents. Sampling technique using saturated sample. The research analysis method used is intrument test (validity and reability), descriptive analysis test, regression test and path analysis test using SPSS version 23 program. Data collection methods use interview, observation and questionnaire technique. The result showed that job satisfaction and perceived organizational support have a positive and significant effect on organizational commitment. Job satisfaction and organizational commitmen have a positive and significant effect on OCB, but perceived organizational support have a positive and insignificant effect on OCB. Organizational commitment is positive and significant able to be a mediating variable on the relationship between job satisfaction and perceived organizatioanl support on OCB. Suggestions from this research are that the company should be able to improve its employee skills training program, provide oppurtunities for employees to improve their careers, provide rewards for employee achievements and increase gahthering programs with team work in the event.
Factors of Consumers Purchase Intention at Halal Restaurants
Lestari, Dwi Putri;
Wahyono, Wahyono
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.54139
The purpose of this study was to determine the factors of consumer purchase intention at a halal restaurant with halal awareness as a moderation (a case study on consumers of Waroeng Steak & Shake Semarang). The population in this study are consumers who have purchased products at Waroeng Steak & Shake Semarang. The number of samples used in the study were 115 people, using the method non-probability sampling. Methods of data collection using a questionnaire method. The results of data analysis using the SPSS version 21 program show that there is a positive and significant effect of halal label and Islamic branding on purchase intention. And the halal awareness variable becomes a moderator between the Islamic branding variable on purchase intention, as well as a moderating predictor on the relationship between halal labels and purchase intentions.
The Determinants of Corporate Hedging Policy: A Survey of Mining Firms on the Indonesia Stock Exchange
Nugraha, Mahardika Dandy;
Khoiruddin, Moh
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.58266
The purpose of this study is to determine the effect of leverage, liquidity, growth opportunity, and financial distress on hedging policy decisions. The population in this study are mining companies listed on the Indonesia Stock Exchange (IDX) in 2015-2020. The research sample was 39 companies using purposive sampling technique. The leverage variable is proxied by the ratio of total debt and total capital, liquidity is proxied by the ratio of current assets and current debt, growth opportunity is proxied by market to book, financial distress is proxied by Altman's Z-Score specifically for non-manufacturing companies, and hedging policy is proxied by the variable dummy, where companies that hedged were given a score of 1, and those that did not hedge were assigned a score of 0. The data analysis method used descriptive statistical analysis and logistic regression analysis using the logit model using the Eviews 12 Student Version software. The results showed that leverage and financial distress had a significant positive effect on the probability of hedging policy, liquidity had a significant negative effect on the probability of hedging policy, growth opportunity had a significant positive effect on the probability of hedging policy
Build Competitive Advantage to Improve Company Performance
HENDRAYANTI, SILVIA
Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang
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DOI: 10.15294/maj.v11i3.59649
The development of the pharmacy business is driven by the growth of market opportunities resulting in fierce competition between pharmacies, every pharmacy business is required to create a good and integrated competitive strategy to win business competition. This study aims to find out how a company can win the competition and improve company performance. In this study using several variables including: Environmental Adaptability, differentiation strategy, efficiency strategy, competitive advantage, company performance.This study used a sample of 118 respondents and processed using the Structural Equation Model (SEM) analysis technique.The results show that environmental adaptability has a positive effect on differentiation strategy, environmental adaptability has a positive effect on efficiency strategy,differentiation strategy has a positive effect on competitive advantage, efficiency strategy has a positive effect on competitive advantage, competitive advantage has a positive effect on company performance.Future research is expected to reveal things that have not been answered in this study so that it will complement the findings of previous studies. For example, by adding several indicators or variables that have not been included in this study, which can be included in further research, so that by including many variables in this study more valid results will be obtained