JOURNAL OF BUSINESS STUDIES AND MANAGEMENT REVIEW
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    263 research outputs found

    TRANSACTION COSTS: A LEGENDARY THEORY OF THE FIRM

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    There are three widely recognized perspectives on the organizations. They are resource dependence, efficiency, and population perspectives. The purpose of this paper is to explain the history of transaction cost theory, the theory of the firm, the nature of the firm, the transaction cost economics, and the critiques for this theory. Articles in leading journals listed in EBSCO, Emerald, JSTOR, ProQuest, and ScienceDirect databases were chosen. A conceptual and relational analysis was conducted to fulfill the purpose of this paper. Results show that an acceptable theory of the firm should possess the capability to elucidate not just the reasons for the existence of firms in a market economy, but also other aspects. At the very least, it should have the capacity to clearly define and articulate the limits of a firm’s activities, including what tasks are performed internally and what tasks are outsourced or delegated to others, as well as how these activities are structured and how the firm achieves growth and success. While profit-oriented organizations have long recognized the numerous advantages of inter-organizational collaboration, non-profit organizations are now beginning to understand some of these benefits, including cost savings through shared administrative expenses, enhanced value propositions, increased efficiency, strengthened programs, utilization of compatible skills and abilities, and improved leadership skills.

    Analisis Online Review, Celebrity Endorsement, Kesadaran Halal terhadap Pembelian Fashion Halal

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    With around 229 million Muslims, Indonesia is the largest Muslim-majority country. However, Indonesia is not in the number one position in every sector in the halal industry. This is contradictory to the reality in Indonesia because based on this data, Indonesia has the largest number of Muslims in 2023. This journal examines the influence of consumption behaviour on halal fashion among generation Z Muslims in Bandung. This study aims to determine whether online customer reviews, celebrity endorsement, and halal awareness have a significant effect on the purchase intention of halal fashion in the Shopee application. This study uses a quantitative approach with the Structural Equation Model (SEM) using SmartPLS 4 software. The number of samples obtained was 202 people according to the specified criteria, who are Muslim, aged 10-28 years, domiciled in Bandung, and have bought halal fashion products at Shopee. The results of the study indicate that each of the variables of online customer review, celebrity endorsement, and halal awareness has a positive and significant effect on the intention to buy halal fashion at Shopee for generation Z Muslims in Bandung.  Dengan sekitar 229 juta Muslim, Indonesia adalah negara dengan penduduk mayoritas Muslim terbesar. Namun, Indonesia tidak berada di posisi nomor satu di setiap sektor dalam industri halal. Hal ini bertolak belakang dengan kenyataan yang ada di Indonesia karena berdasarkan data tersebut, Indonesia memiliki jumlah penduduk muslim terbesar pada tahun 2023. Jurnal ini meneliti pengaruh perilaku konsumsi terhadap fesyen halal di kalangan Muslim generasi Z di Bandung. Penelitian ini bertujuan untuk mengetahui apakah online customer reviews, celebrity endorsement, dan halal awareness berpengaruh signifikan terhadap niat beli fesyen halal pada aplikasi Shopee. Penelitian ini menggunakan pendekatan kuantitatif dengan Structural Equation Model (SEM) dengan menggunakan software SmartPLS 4. Jumlah sampel yang diperoleh sebanyak 202 orang sesuai dengan kriteria yang ditentukan, yang beragama Islam, berusia 10-28 tahun, berdomisili di Bandung, dan pernah membeli produk halal fashion di Shopee. Hasil penelitian menunjukkan bahwa masing-masing variabel online customer review, celebrity endorsement, dan halal awareness berpengaruh positif dan signifikan terhadap niat beli halal fashion di Shopee pada generasi Z muslim di Bandung. Translated with DeepL.com (free version

    The INFLUENCE OF HEDONIC VALUE AND CUSTOMER EXPERIENCE ON CONSUMER DECISION-MAKING: A STUDY OF FOREIGN BRAN RETAIL IN INDONESIA WITH CUSTOMER SATISFACTION AS MEDIATION

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    This study aims to fill the gap in the literature by exploring how hedonic value and customer experience influence consumen decision-making in foreign bran retail in Indonesia, with particular focus on the mediating role of customer satisfaction. This study consists of two independent variables, namely hedonic value and brand experience and one dependent variable, namely consumer decision-making and customer satisfaction as a mediating variable. The method used is quantitative where research data collection using questionnaires filled out by community respondents throughout Indonesia. The research results obtained are: a) There is a significant influence between hedonic value on brand satisfaction, b) there is a significant influence between hedonic value on consumer decision-making, c) there is a significant influence between brand experience on customer satisfaction, d) there is a significant influence between brand experience on consumer decision-making, e) there is no significant influence between customer satisfaction on consumer decision-making, f) customer satisfaction cannot mediate the effect of hedonic value on consumer decision-making, g) customer satisfaction cannot mediate the effect of brand experience on consumer decision-making

    THE EFFECT OF COMPENSATION AND WORK DISCIPLINE ON EMPLOYEE PERFORMANCE WITH RELIGIOSITY AS A MODERATING VARIABLE

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    This study aims to examine the effect of remuneration and work discipline on employee performance, with religiosity as a moderating element. This study uses quantitative techniques and a causal approach in data analysis. The research population consists of all Regional Apparatus Organization (OPD) workers in West Sumbawa Regency (KSB), with a total of 3,133 individuals. The total sampling technique was used in this study. The sample size was determined using the Slovin formula, resulting in a total of 100 respondents. Data were analyzed using the Partial Least Squares (PLS) approach, which is part of the Structural Equation Modeling (SEM) analysis. The results showed that compensation and discipline positively and significantly affect employee performance. Religiosity effectively moderates the effect of compensation and work discipline on employee performance in OPD KSB. Increased remuneration and effective discipline enforcement can increase staff productivity and efficiency. Employee religiosity acts as a moderator that strengthens the relationship between compensation, discipline, and performance. Employees with high levels of religiosity will feel a greater effect of both elements on their performance, suggesting that spiritual values and work ethics are interrelated and can encourage a more productive work environment

    PENGARUH KEPUASAN KERJA DAN BEBAN KERJA TERHADAP KINERJA BANK SYARIAH INDONESIA KECAMATAN MUARA TEMBESI KABUPATEN BATANG HARI JAMBI

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    The aim of this research is to explain the influence of job satisfaction and workload on employee performance at Bank Syariah Indonesia Muara Tembesi, Batang Hari - Jambi Regency. The method used is a quantitative method using multiple linear regression analysis tools, testing the significance of the influence of the variables job satisfaction (X1) and workload (X2) as independent variables and employee performance (Y) as the dependent variable using the t test and F test. The test results on the influence of the job satisfaction variable (X1) on employee performance (Y) obtained a calculated T value of 2.286> T table 1.689572. So based on the comparison of T count and T table, this means that job satisfaction has a significant effect on employee performance. The test results on the influence of the workload variable (X2) on employee performance (Y) obtained a calculated T value of 2.286 > T table 1.689572. Based on the comparison of T count and T table, this means that workload has a significant effect on employee performance. The test results on the influence of job satisfaction and workload on employee performance obtained a calculated F value of 11.649 > F table 3.27 with a significance level of 0.05, so it is proven that there is a joint and significant influence of job satisfaction and workload on employee performance. The determination test shows that the combination of job satisfaction and workload variables together contributes 49.4%. on employee performance while the remaining 50.6%) is the contribution of other variables not examined in this research

    The INFLUENCE OF FRAUD PENTAGON IN DETECTING FRAUDULENT FINANCIAL STATEMENTS

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    This study aims to examine the elements of the Fraud Pentagon proxied by five variables consisting of Pressure (External Pressure), Opportunity (Ineffective Monitoring), Rationalization (Change in Auditor), Ability (Change in Directors), and Arrogance (Frequent Number of CEO's Pictures) which are hypothesized to affect Financial Statement Fraud. The population in this study are Transportation & Logistics sector companies listed on the Indonesia Stock Exchange for the period 2020-2022. The sample in this study was selected using a purposive sampling technique and obtained a sample of 75 observation data. The analysis method in this study uses multiple linear regression which is processed using SPSS 25  software. The results showed that External Pressure affected Financial Statement Fraud. While Ineffective Monitoring, Change in Auditor, Change in Directors, and Frequent Number of CEO Pictures do not affect Financial Statement Fraud

    The IMPACT OF ENTREPRENEURIAL LEADERSHIP ON EMPLOYEE PERFORMANCE AT THE DEPARTMENT OF INDUSTRY AND TRADE OF JAMBI PROVINCE WITH INNOVATIVE WORK BEHAVIOR AS AN INTERVENING VARIABLE

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    This study explores the impact of entrepreneurial leadership on innovative work behavior and employee performance within the public sector, focusing on the Jambi Province Industry and Trade Office—a critical entity in local economic development. Adopting a mixed-methods approach, the research involved a survey of 114 employees supplemented by qualitative observations, analyzed through Partial Least Squares Structural Equation Modeling (PLS-SEM). Findings indicate that entrepreneurial leadership significantly enhances innovative work behavior (Path coefficient = 0.63, p < 0.01), which in turn mediates the relationship between leadership and employee performance (Indirect effect = 0.27, p < 0.05). Additionally, the direct impact of entrepreneurial leadership on employee performance was also significant (Path coefficient = 0.36, p < 0.05), underscoring the dual pathways—direct and mediated—through which leadership styles conducive to innovation can improve organizational outcomes. These results underscore the transformative potential of entrepreneurial leadership in fostering innovation and enhancing performance within traditionally less dynamic public sector environments. The study contributes to the burgeoning literature on leadership in the public sector by demonstrating the pivotal role of leadership styles in enhancing innovation and operational efficiency

    The INFLUENCE OF FINANCIAL LITERACY AND THE USE OF SOCIAL MEDIA ON PERSONAL FINANCIAL MANAGEMENT IN STUDENTS OF THE MANAGEMENT STUDY PROGRAM, FACULTY OF ECONOMICS AND BUSINESS, JAMBI UNIVERSITY

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    Understanding financial literacy is very necessary for every individual to be able to manage and plan their finances. Based on the results of observations, researchers found problems related to low levels of financial literacy affecting their financial management. Of the 10 students, only 4 students made financial plans and only a few made detailed financial plans. In particular, they have studied Financial Management courses but are known to still be unable to apply their financial literacy skills appropriately in managing their finances. This research aims to examine the influence of financial literacy and the use of social media on student financial management. This research includes quantitative research methods. The population in this study was 577 students from the Faculty of Economics and Business, Jambi University class 2019-2021 with a sample of 86 students using simple random sampling techniques. Data collection was carried out through distributing questionnaires. Data testing techniques use Validity Test and Reliability Test, R-Square test and Hypothesis Test with Bootstrapping using SmartPLS 3 Software. The results of the research show that financial literacy has a significant positive effect on personal financial management and the use of social media has a significant positive effect on personal financial management

    USABILITY ANALYSIS OF THE CAREER SYSTEM AT JAMBI UNIVERSITY USING SUS AND HEURISTIC EVALUATION TO IMPROVE EMPLOYER SATISFACTION

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    The Career Information System at Jambi University play a crucial role in providing data on alumni education and career paths. This study evaluates the system’s usability using the System Usability Scale (SUS) and Heuristic Evaluation (HE) to enhance employer and study program satisfaction. This research employs primary data collected from Jambi University alumni through questionnaires. The purposive sampling technique was used, with 50 respondents for the SUS method and 3–5 evaluators for HE. The evaluation results show a SUS score of 63.75, categorized as marginally acceptable with a 65th percentile ranking. The HE assessment yielded a 63% score, indicating that the system is functional but requires improvement. Additionally, the Net Promoter Score (NPS) reflects positive user feedback.This study provides insights for further system development to improve user satisfaction, particularly among employers and study programs at Jambi University

    The ROLE OF LIFESTYLE IN MEDIATING THE INFLUENCE OF DIGITAL TRANSACTION SERVICE INNOVATION ON GO-PAY SERVICE USER DECISIONS

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    The development of very advanced technology, leads to changes in the lifestyle of every human being, including the marketing and financial fields have developed towards a more efficient and modern direction. The purpose of this study is to identify the influence of digital transaction service innovation on service user decisions, identify the influence of digital transaction service innovation on lifestyle, identify the influence of lifestyle on service user decisions and identify the role of lifestyle in mediating the influence of digital transaction service innovation on Go-Pay service user decisions. The independent variable used is innovation with indicators of relative advantage, compatibility, complexity, divisibility and communicability. The mediating variable is lifestyle with indicators of activities, interest and opinion while the dependent variable is the decision of the service user. This study was conducted on Go-Pay service users in Jambi City and data obtained through the distribution of questionnaires. The data analysis method used is Structural Equation Modeling (SEM) measurement using SmartPLS software. To see the role of lifestyle in mediating the influence of digital transaction service innovation on Go-Pay service user decision

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