Indonesian Journal of Economics and Business
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KEPEMIMPINAN KEPALA SEKOLAH PENGARUHNYA TERHADAP KOMPETENSI, MOTIVASI, DAN KEPUASAN KERJA GURU SERTA IMPLIKASINYA TERHADAP KINERJA GURU (Penelitian pada Sekolah Menengah Kejuruan di Jawa Barat)
No full textThe problem in this study is that the vocational teachers in Indonesia have not been able to demonstrate the adequate work performance. The phenomenon of high and low performance of teachers depends on variables that affect it, such as teacher competence, work motivation and job satisfaction, all of which are driven by the variable of principal’s leadership. This study used survey approach with the type of explanation verification research on 366 teachers. Data analysis and interpretation of the results used descriptive analysis and verification (SEM). Results show that the principal’s leadership has a direct impact on teacher competence, work motivation of teachers, and teacher job satisfaction. However, the principal’s leadership does not imply directly to the performance of teachers, but through teacher competence, work motivation, and job satisfaction. In this way, the principal’s leadership may act more as a driver or enabler that allows an increase in competence, motivation and job satisfaction of teachers so that in turn it would improve teacher the performance
DOES INDONESIAN HOUSEHOLD SAVING HAS CYCLE?
No full textHousehold saving is how much of income is set aside after it is consumed. This type of saving is one of important aspect of household behavior, especially for developing countries. Many empirical studies had addressed to explore and to test the pattern of household saving. Initiated by Modigliani and Ando (1963) who proposed the hump shape of life cycle of saving then this hypothesis grows even wider and deeper. Considering the foregoing, it is therefore very important for policy maker to know and to analized whether low or high the household saving rate in the country. Browning and Lusardi (1996) provides a good comprehensive review of the recent household saving literatures. Deaton (1991) finds that saving will be a back up stock of income to maintain concumption during bad times, even if there is liquidity constraint or imperfect capital market. Also Horioka (1997) found that the age structure of population affects household saving rate in japan and strong support for the life cycle model. Similar to this is also tested for the United State household that working age of household head had a negative and sgnificant impact on personal saving Gale, Sabelhaus and Hall (1991) (Thornton, 2001). Other literatures that tries to examine and comparing between countries whether saving is affected by income growth is by Paxson (1995) and Deaton and Paxson (2000) for four cross-countries and looks an evidence of household saving in Latin America and South East Asia Counties was tested by Attanasio and Szekely (2000). They found that household saving follow the life cycle model, eventhough for some countries which has a volatile economic growth, show a weak evidence. Modigliani and Ando (1963) started to improve what proposed by Modigliani and Brumberg (1954) with the view that the behavior of the life cycle savings will reach a peak at the productive age and decreased continuously in ages up to retirement as an impact of consumption smoothing behavior. Because of a little evidences have been done exploring and testing this research topic for the Indonesia household behavior, therefore this papers address to test using Longitudinal data of Indonesia Family Life Survey (IFLS) of year 1993, 2000 and 2007. This paper analyze the important influence of age and cohort effect to the behavior of household which went through the period of such good and bad in the Indonesia economy
PENGARUH FAKTOR-FAKTOR EKONOMI MAKRO TERHADAP RETURN SAHAM DI PASAR MODAL INDONESIA DENGAN PENDEKATAN ARBITRAGE PRICING THEORY PERIODE TAHUN 2008-2010
No full textThe most common problem with investing in the stock market is the uncertainty of the stock prices. In order to minimize this uncertainty, financial experts have developed various models, one of which is the Arbitrage Pricing Theory (APT). This theory can be used to predict the expected return.The purpose of this study is to formulate an APT model in Indonesia. Pre-specified macroeconomic factor approach is used to formulate this APT model. The determined macroeconomic factors include inflation, SBI interest rate, money supply, exchange rate, and oil price. The sample of this study is a number of stocks that meet certain criteria. This study took place from 2008 to 2010.This study uses secondary data and two-stage regression analysis method. The APT model result from second step regression with backward regression approach by f-test and t-test. Based on the data analysis, it can be concluded that inflation risk, exchange rate risk and surprise oil price risk are risk factors in the Indonesian Stock Exchange. This study produces an APT model that consists of three factors: inflation, Rupiah exchange rate to US Dollar, and oil price
PENGARUH LINGKUNGAN EKSTERNAL DAN LINGKUNGAN INTERNAL TERHADAP STRATEGI BERSAING DAN STRATEGI KEMITRAAN SERTA DAMPAKNYA PADA KEUNGGULAN BERSAING DAN IMPLIKASINYA PADA KINERJA INDUSTRI KECIL DAN MENENGAH DI SUMATRA BARAT
No full textThe performance of small and medium industry can be highly achieved if SMEs have competitive advantage. SMEs have to implement competitive strategy and partnership strategy optimally. Entrepreneurs of SMEs need to understand the nature of external environment. A study of general trends and the dynamics of competition within industry can highlight opportunities that match the capabilities of entrepreneur. It is then important to evaluate the internal capabilities of enterprise so that these can be mathed with market needs and other external opportunities. In other words, analysis of external environment helps the entrepreneur to determine what business potensial exist, whereas internal analysis reveals what the venture is able to do. The objective of research are to analyze the effect external and internal environment on the competitive strategy and the partnership strategy and its impact on the competitive advantage and its implication on the performance of small and medium industry in west sumatra.The research methodology used in this study is descriptive and explanatory survey. Total respondents are 140 entrepreneurs of SMEs in West Sumatra. The sample technique uses proporsional cluster random sampling, while data analysis technique used is PLS. The research shows that (1) external and internal environments have significantly effect to competitive strategy simultaneusly, But the influence of internal environments on competitive strategy is higher than the influence of external environments on competitive strategy (2) external and internal environments have significantly effect to partnership strategy simultaneusly, But the influence of internal environments on partnership strategy is higher than the influence of external environments on partnership strategy (3) external and internal environment as well as competitive strategy, and partnership strategy have significantly effect to competitive advantage simultaneusly (4) external and internal environment as well as competitive strategy, partnership strategy and competitive advantage have significantly effect to performance of small and Medium industry simultaneusly
Pengaruh Motivasi, Kompetensi Dan Komitmen Terhadap Kinerja Dosen Pada Perguruan Tinggi Swasta Di Lingkungan Kopertis Wilayah II Palembang (Survey pada Perguruan Tinggi Swasta di Kopertis Wilayah II Palembang)
No full textMotivation, competence and commitment often as mayor to influence lecturers private higher education performance. The objectives of this research are : (1) to find outcome analysis of motivation, (2) to find outcome analysis of competence, (3) to find outcome analysis of commitment, (4) to find out come analysis of lecturers performanc, (5) to find out come analysis motivation, competence and commitment influences to lecturers performance. The research method are use descriptive and explanatory survey with questionnaires as an instrument of the primary data collection. Sample size is 300 lecturers that be taken sample quota which information centre the head of department in 41 universities regional II Palembang environment, data analysis is using the structural equation model (SEM). Analysis results showed that ; level of motivation in the higher category, level of competence in the competent category, ; level of commitment in the higher category, level of lecturer performance in the higher category. Motivation, competence and commitment have a meaningful relationship to the lecturers performance
ANALISIS SEKTOR UNGGULAN SEKTORAL DAN PENGARUHNYA TERHADAP PERTUMBUHAN SEKTOR EKONOMI DAERAH: PENDEKATAN INPUT-OUTPUT INTERREGIONAL SUMATERA BARAT, RIAU DAN JAMBI
No full textThe objectivity of this research is to examine and analyze: The structure of economy, regional economic of dominant sector, economic sectors are effect on the growth of regional economy and the impact on the growth of leading sectors in West Sumatra, Riau and Jambi. This research uses descriptive quantitative approach to the nature of the explanatory method of verification and used secondary data. The sectors studied were: 1) Economic Structure of the demand and supply, structure of output, structure of value added, structure of final demand (household consumption, government consumption, fixed capital formation, stock changes and exports) and Trade Structure. 2) The leading sector are: Share of output, Share of GDP, Power of distribution and degree of sensitivity, multiplier value of output, gross of value added, and labor and share of export. 3) The effect of economic sectors of regional economic growth (GDP). From government investment, private investment, employment, exports, imports, forward linkages, backward linkages, value added and value-added output.This result shows that 1) Structure of economic of the West Sumatera province is the largest based on the demand and supply of output, gross of value added and employment, another provinces are Riau and Jambi. The main structure of economic Sumatera are: food industry, beverages, and tobacco, trade, construction, other services and goods paper & printing industry. The province of Riau: hotels and restaurants, air transport, trade, other services, and livestock. The province of Jambi: coal mining, metal ore, and other excavations, food industry, beverages and tobacco, trade, construction, and land transportation. 2) The leading sector of West Sumatra in 2000 were: trade, textile industry, leather goods and footwear, other services, food industry, beverages and tobacco, rice, buildings and land transportation sector. In the 2005, trade, food industry, beverages and tobacco, services, rice, plantation sector, construction sector and land transport sector. The leading sector of Riau in 2000: oil, gas and geothermal energy, petroleum refining, transportation equipment industry, machinery and equipment, trade, plantation crops and buildings. Year 2005 plantation crops, food industry, beverages & tobacco, paper and printed material industry, commerce, fisheries, mining, oil, gas and geothermal energy, and buildings. The leading sector of Jambi in 2000: the plantation, oil, gas and geothermal energy, industry and products of wood and forest products, trade and land transportation. In the 2005, trade, plantation, food industry, beverages and tobacco, oil, gas and geothermal. 3) In West Sumatra variables, exports, imports, employment, forward linkage, backward linkages, the impact of output and gross value added impact positively on economic growth (GDP), West Sumatra. The province of Riau and Jambi, all variables are positive effect on regional economic growth (GDP) in the province
PENGARUH AUDIT TENURE DAN INDEPENDENSI AKUNTAN PUBLIK TERHADAP KUALITAS AUDIT DAN IMPLIKASINYA TERHADAP KEPUASAN AUDITEE (Survei Pada Kantor Akuntan Publik Yang Terdaftar Di Bapepam-LK)
No full textFinancial scandals and cases of violations that occurred in recent years has become the world's attention which raises the question of whether the audit firm has provided audit services that have a high quality audit, thus has caused the decline of public confidence in audit quality produced by a public accountant, which resulted in questionable integrity and objectivity of public accountant as a party that audited the financial statements of the company. To improve audit quality, length of engagement with the client's KAP and independence of public accountants may be a factor to be considered, which in turn will also increase the satisfaction of auditees.This study examined the influence of audit tenure and public accountants independence to audit quality and their implication to auditee satisfaction. In this study, research method used is a method verifikative. Respondents are partners and managers in the KAP registered with Bapepam-LK and manager of finance/accounting and internal audit listed on the Indonesia Stock Exchange in 2011. The sampling technique using a purposive sampling. The data was collected through questionnaires. Analysis of data for testing hypotheses using Path Analysis.These results of this study that show: (1) the audit partner tenure, especially the length of an audit of the audit client is an important factor associated with the public accountants independency, (2) the high audit quality is influenced by high public accountant independency, but public accountant independency would be affected/decrease if the audit tenure is long, (3) The high audit quality will be increase auditee satisfaction, however the high audit quality will also be affected by the audit tenure, where if audit tenure is long, the audit quality will decrease, resulting in auditee satisfaction also declined
STRUKTUR KEPEMILIKAN SAHAM, KEPUTUSAN KEUANGAN DAN NILAI PERUSAHAAN (Survey pada Emiten Non Keuangan di Bursa Efek Indonesia)
No full textThere are three major decisions undertaken by the company through the financial manager's role as an agent hired by the principal of the firm, that is financing decisions, investment decisions, and dividend policy. Agency theory says that in practice it will show the differences of interest between the managers and the owners of the company that cause the agency conflict. Ownership structure has contributed to minimize the problems arising from agency conflicts in the firm, namely through increased managerial ownership and institutional ownership.This research has been conducted to examine the impact of ownership structure (managerial ownership and institutional ownership) on financial decisions (financing decisions, investment decisions, and dividend policy) and firm value. This research has used two models, namely : model 1) examine the effect of ownership structure on financial structure decisions and model 2) examine the effect of ownership structure and financial decisions on firm value.Population in this research are all non-financial emitent listed on the Indonesia Stock Exchange, while the sampling method is cluster random sampling which produces 104 emitents. Data collection method is used pooling the data method and analytical methods used is Least Square. Based on the results of hypothesis testing, it can be concluded that both models on this research, all predictors simultaneously have significantly effect. First, managerial ownership and institutional ownership have a significant effect on financing decisions. Second, managerial ownership and institutional ownership have a significant effect on investment decisions. Third, managerial ownership and institutional ownership have a significant effect on dividend policy. Fourth, managerial ownership, institutional ownership, financing decisions, investment decisions and dividend policy have significant effect on the firm value
PENGARUH KOMUNIKASI PEMASARAN TERPADU BERBASIS ETIKA DALAM MENCIPTAKAN NILAI PELANGGAN DAN IMPLIKASINYA TERHADAP LOYALITAS PELANGGAN SUSU FORMULA`BAYI DI INDONESIA
No full textWHO issued a code of marketing for breast milk substitutes, and the Minister of Health of the Republic of Indonesia reinforce the code by issuing Kepmenkes 237/IV/Menkes/1997 and 450/IV/Menkes/2004. High competition sparked integrated marketing communications competition getting tougher by the creativity and commitment levels vary in response to the company's "code of conduct" governing. The situation is not getting better because less effective ethics enforcement and the mutual need between the customer / as recomendator health workers and companies. This research was conducted to assess the ethicsbased integrated marketing communications in creating customer value and its impact on customer loyalty in infant formula in Indonesia. The survey was conducted in Jakarta, Surabaya, Makassar and surroundings. The unit of analysis is the health care physicians, pediatricians, midwives and nurses. In this study, interviews were conducted to a depth of industry players to enggali phenomenon in the industry and conducted surveys to obtain primary data on health personnel. Sampling is done by random sampling and stratified random sampling. Primary data were then processed using structural equation modeling (SEM). The study results indicate that ethics-based integrated marketing communications showed a significant direct positive effect on customer value. Ethics-based integrated marketing communications directly no significant effect on loyalty. Ethics-based marketing communications through customer value can explain the effect on customer loyalty and the rest influenced by other variables not measured in this study. Customer value direct positive effect on customer loyalty significantly
PENGARUH KUALITAS SISTEM INFORMASI AKUNTANSI MANAJEMEN,INFORMASI AKUNTANSI MANAJEMEN DANPELAYANAN SISTEM INFORMASI TERHADAP INTENSITAS PENGGUNAAN DAN KEPUASAN PENGGUNASERTA DAMPAKNYA TERHADAP KINERJA PENGAMBILAN KEPUTUSANMANAJEMEN OPERASIONAL (Survei pa
No full text The type of research used in this research is descriptive verificative and explanatory survey. The sampling technique used was simple random sampling in 22 hospitals PPK-BLU. The number of respondents who returned questionnaires is 408 respondents. Technique of data collecting is done by using questionnaires and interviews. Analysis of the data used is Path Analysis with Lisrell 8.70. The results of this study revealed: 1) There is a fairly close relationship with the positive direction between the quality of management accounting information systems, management accounting information quality and service quality of information system, 2) The quality of accounting information systems management, management accounting information quality and service quality of information system have a significant effect, either simultaneously and partially on the intentions to use of information systems; 3) The quality of accounting information systems management, management accounting information quality and service quality of information system have a significant effect, either simultaneously and partially on the users satisfaction of information systems; 4) There is fairly close relationship between the intentions to use of the information system and users satisfactionof information systems; 5) Intentions to use of information systems and users satisfaction information system have a significant effect, either simultaneously or partially on performance operational management decision-making