Integrated Journal of Business and Economics (IJBE)
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Effect of Digital Optimization Strategy and Communication on Employee Performance
Full text linkDigital transformation plays an important role as the organizational strategy, including bussiness sector. Digital transformation strategy is not only about digital technologies and markets transformation, however it impacts to capability of business to adapt for addressing sustainability and business challenges. This research aimed to analyze the effect of digital optimization strategy and communication on the employee performance. The research carried out quantitative approach and survey method involving 100 employees as respondents. The data analysis used Covariance Based Structural Equation Modeling (CBSEM) that was analyzed by Program LISREL ver 8.80. The research showed six results, namely (1) digital optimization strategy was categorized as moderate category, (2) communication was categorized as moderate category, (3) employee performance was categorized as very good category, (4) digital optimization strategy and communication affected significantly employee performance simultaneously, (5) digital optimization strategy affected significantly to employee performance partially, and (6) communication affected significantly to employee performance partially. The results indicated that digital optimization strategy and communication contribute positively on the employee performance which, in a certain time, can increase the company sustainability
Testing of the Structure-Conduct-Performance Hypothesis for Industrial Banking Profitability: Evidence from Indonesia
Full text linkThis study aims to test the validity of the Structure Conduct and Performance (SCP) hypothesis on banking profitability in Indonesia. This research data comes from banking financial statements from the Financial Services Authority (OJK) and Bank Indonesia. The analysis method uses the panel data regression method. The banking industry studied includes 110 conventional commercial banks and Islamic banks from 2010-2019. This research has found that the profitability performance of the banking industry is statistically significantly influenced by concentration, market share, cost efficiency to generate revenue, bank size, net interest income margin, Bank Indonesia's benchmark interest rate, and economic growth. Meanwhile, inflation is insignificant. The contribution of the research was to develop of Structure Conduct Performance (SCP) theory. The SCP is applicable to Indonesian banking and it is the Hybrid of the Efficient-Structure Traditional Hypothesis which states that the effects of efficiency and market concentration have improved banking profitability performance. The combination of structure, market share, and efficiency supports the hypotheses on Efficiency and SCP Traditional. High banking profitability due to the combination of efficiency and market concentration formed by increased assets and mergers. Therefore, OJK and Bank Indonesia in encouraging asset improvement through future mergers can improve efficiency, the competitiveness of the banking industry, the and economic stability of Indonesia
Reviving the Overlooked: Strategies for Reclaiming the Forgotten Part of Marketing
Full text linkIn the realm of marketing, certain facets often find themselves relegated to the periphery, overlooked and underestimated. This theoretical exploration delves into strategies for reviving these neglected elements, aiming to reclaim their significance within the broader marketing landscape. In the dynamic world of consumer behavior and evolving market trends, it becomes imperative to reassess and reinvigorate those components that have been marginalized over time. This study postulates that a theoretical foundation can catalyze innovation, offering marketers a blueprint for revitalizing overlooked aspects. By challenging conventional norms and engaging in theoretical discourse, professionals can uncover latent potential and undiscovered opportunities within their marketing arsenal. The theoretical lens allows for a comprehensive examination of the overlooked facets, dissecting the intricacies that may have led to their neglect. This process not only facilitates a deeper understanding of the dynamics at play but also sets the stage for strategic interventions. As marketing evolves, embracing a theoretical framework becomes paramount in deciphering the nuances of consumer psychology, technology integration, and societal shifts, ultimately empowering marketers to breathe new life into forgotten realms and redefine the boundaries of effective engagement
Business Networking, Innovation, and Firm Competitiveness: The Case of Handicraft Industry in Indonesia
Full text linkThis study aims to examine the influence of business networking and innovation on firm competitiveness in the case of the handicraft industry in Indonesia. The sample in this study was the owner of the Handicraft Industry in Indonesia. The hypotheses were analyzed by using the structural/equation modeling (SEM) approach. The result showed that business networking and innovation positively influence the competitiveness of the handicraft industry in Indonesia. This paper gives additional insights into the relationship between business networking, and innovation on firm competitiveness in handicraft industry context in Indonesia, and the innovation can mediate the influence of business networking on firm competitiveness. Business networking capabilities must receive important attention from SMEs, especially in the creative industry in the craft sector. SMEs must establish good communication with customers, suppliers, and competitors. There is only one independent variable in this research, namely business network, so it is less comprehensive. To be more comprehensive, other independent variables can be added such as technological ability, marketing knowledge, and entrepreneurial ability
Do Institutional Ownership, Managerial Ownership, Independent Commissioners and Audit Committees Affect Earnings Persistence of Listed Manufacturing Companies Listed in Indonesia?
Full text linkThe issue of earnings persistence refers to the company's challenges in maintaining stable and consistent profits over time, especially in business. This research examines the influence of institutional ownership, managerial ownership, independent commissioners and audit committees on the persistence of profits of manufacturing companies listed on the Indonesia Stock Exchange (BEI). The sample in this research was 26 manufacturing companies from 2014 - 2022. A purposive sampling method was used to determine the quantitative research sample. The data analysis technique in this research uses descriptive statistical analysis and partial hypothesis testing. The analytical method in this research is by using multiple linear regression analysis. This research shows that institutional ownership, managerial ownership, independent commissioners, and audit committees significantly affect earnings persistence. The discussion of this research will be explained further in the following description
Optimizing the Use of Social Media and E-Payment Gateways on MSME Performance
Full text linkDevelopment and progress of the Indonesian economy has forced the business world to take strategic steps to compete, especially Micro, Small and Medium Enterprises (MSMEs). This study aims to examine the use of social media and the use of e-payment gateways on performance of MSMEs food and beverage sector in Pangkalpinang City which makes it possible to provide convenience in increasing MSME customer loyalty. The method used in this study is a quantitative method, the sample used is MSME in the food and beverage sector, totaling 100 respondents. Data analysis tool used is multiple linear regression test. The results of testing the hypothesis are accepted, which means that social media and e-payment gateway are an innovation capable of reaching customers from various regions, facilitating the dissemination of information and is useful for increasing competitive advantage and maintaining good relations, increasing revenue, increasing sales, and the brand image of business actors
Corporate Social Responsibility Disclosure During Pandemic: What Does the Female Supervisory Board Do?
Full text linkThere have been many investigations regarding the role of women's boards in firms, especially from an economic point of view, but very rarely from a social perspective. This study provides novelty by raising the topic of the female supervisory board on the disclosure of corporate social responsibility information at the beginning of the recent health crisis period, namely the COVID-19 pandemic. Investigations conducted on 465 non-financial firms in Indonesia show new evidence that female supervisory boards did not focus on corporate social responsibility issues during the pandemic. The results of this robust investigation can be useful for regulators and academics in developing countries at a time of high business uncertainty.
The Intention To Blow The Whistle : Testing The Correlation Between Ethical Leadership And Retaliation In The Organization
No full textThis research helps explain the factors that influence a person's intention to do whistleblowing. This study examines the effect of retaliation (the treatment of revenge) and ethical leadership on the whistleblowing decisions of postgraduate students with masters of accounting at universities in Central Java. The novelty of our study is First, we fill in gaps in previous studies using students as the population; most studies use employees (such as auditors) as the main population.This study is considered to be the first micro-level analytical research in the area. Second, answering whether the ethical principles possessed by superiors influence employees to do whistleblowing. Questionnaires were administered privately, and respondents were convinced of retaliation, value orientation and whistleblowing intentions for data confidentiality and the anonymity of the respondent's identity. Testing the data in the study used the Partial Least Square (PLS) analysis tool.The primary research data used in the research were obtained through questionnaires. The results of the study show that: (1) Ethical Leadership has a positive and significant effect on the intention to do whistleblowing; (2) Retaliation or the threat of retaliation has a negative and significant effect on a person's intention to carry out a whistleblowing
The Role of Functional and Emotional Value Co-Creation Within Sharing Economy Platforms on Repurchase Intention
Full text linkRepurchase Intention is part of consumer behaviour that aspires for repeat purchases on the products or services of an organization. Consumers begin with a consideration on the necessities to purchase. Continuing this, consumers then decided on how many products will be purchases. The aim of this paper is to investigate and examine the role of functional and emotional value creation in the relationship between customer ethical perceptions and social support sharing economy platform with repurchase intention. This paper selects 402 consumers using sharing economy platforms in Indonesia and tests the regression relationships of the five constructs using Structural Equation Model with the AMOS 24.00 tool. This finding indicates that social support and consumer ethical perception showed an important antecedent towards Functional Value Co-Creation and Emotional Value Co-Creation and that the two has a positive impact of Repurchase Intention. This suggests that Functional Value Co-Creation and Emotional Value Co-Creation possess an important role as a mediator between social support and consumer ethics perception with Repurchase Intention. With a literature review related to consumer behaviour, consumer ethics, value co-creation, and sharing economy platforms, this paper proposes a unique analysis on the relationship roadmap for customer participation and consumer ethics with Repurchase Intentio
Embracing Culinary Tourism as a Strategy for Boosting Regional Development: Bangka Belitung Case Studies
Full text linkBoth regional and national growth are aided by culinary tourism. Every region needs to have an appropriate strategy in place to compete with the others in order to maximize development. Creating a supply-demand-driven culinary tourism strategy is the aim of this study. Hybrid technique was employed in this investigation. Participants in this study included chefs, tour operators, owners of agricultural tourism firms, local government representatives in the tourism sector, and operators of restaurants and hotels. SWOT analysis was conducted using the results of visitor surveys, aerial observations, focus group discussion, and secondary data. Suggested course of action: Priority plans are selected by government officials and executives of travel industry associations, and AHP is used to process them. Product, pricing, marketing communication, and collaboration are the recommended areas of concentration. To increase price competitiveness, culinary products from upstream to downstream must work together. Among the goods that must be created are facilities, culinary festivals and events, culinary-related activities, and organizations dedicated to culinary tourism. Collaborative marketing communications are needed to maximize culinary tourism-related media and messaging. There are restrictions on research involving horizontal stakeholders. Future research needs to look at the various ways that stakeholders collaborate.