309 research outputs found

    INNOVATION CHALLENGES OF VILLAGE-OWNED ENTERPRISES

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    The research intended to explore the innovation challenge of village-owned enterprises. The challenge focus on managerial and innovation capabilities of village owned enterprises. This study uses a Community-Based Research (CBR). This approach is used to find out how far from the community at the micro, mezzo, and macro level that can help the village as a whole. To collect the data, this research used observation, personal in-depth interview, and focus group discussion. The village-owned enterprises need innovation for their sustainability. This research found 3 major challenges for the village-owned enterprises innovation. The challenges are a) Lack of Knowledge and skills, b) Financial and infrastructure limitation, c) Social – professional conflict. Human factor is the main challenge that needs to be solved by village-owned enterprises. The village-owned enterprises should overcome these challenges hence they can be spared from Innovation myopia. This research conducted in the village-owned enterprises which dominated by Javanese culture. This research also conducted in the service sector. In the future, exploring innovation challenge in the village-owned enterprise which has different culture would be interesting. The future research also can explore innovation challenge in the manufacturer village-owned enterprises. This paper shows the innovation challenge in village-owned enterprises which has unique characteristic.Keywords: Badan Usaha Milik Desa, Bumdes, innovation challenges, sustainability, village-owned enterprise

    Measuring Financial Performance in the Absence of Objective Measures: an Evidence from Indonesia Local Restaurants

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    The purpose of this research is to explore the paths between the SERVQUAL dimensions, customer satisfactionand customer loyalty towards the financial performance in Indonesialocal restaurants. Researchers in Indonesia often encounter problems obtaining objective measures of financial performance in privately-held companies, especially restaurants industries. The authors help fill this knowledge gap by extended the study of service quality into financial performance. A quantitative approach was employed, using 26-items, five-point Likert-scale questionnaire administrated to 150 customers and 50 restaurant owners or managers. The data analysis technique that was used in this research was the Partial Least Square (PLS). The research showed that there is a strong consistent link between service quality, customer satisfactionand customer loyalty towards the financial performance.Additionally, customer loyalty have the role that strengthens the impact of customer satisfaction to the financial performanc

    SHOULD BANK DIVERSIFY THEIR INCOME AND CREDIT? EVIDENCE FROM INDONESIA BANKING INDUSTRY

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    This study aims to examine the effect of income and credit diversification toward bank risk and performance. In this study, diversification was measured using Adjusted Herfindahl-Hirschman Index (AHHI). Bank risk is measured by the standard deviation of ROA, standard deviation of ROE, Z-Score, Nonperforming Loan and Beta. Meanwhile, bank performance is measured by Return on Assets, Return on Equity, risk adjusted ROA and risk adjusted ROE. The robustness test completes this study by dividing the sample into low and high diversified bank. By using panel data of 53 listed and non listed Indonesian banks from 2011 to 2015, the results show that banks get benefit through the implementation of income diversification. Conversely, banks are badly affected through the implementation of loan diversification as it can increase risk and decrease bank performance. The results suggest bank to maximize income diversification by increasing the proportion of non-interest income in the income structure. Furthermore, banks should focus credit distribution that best suits their capabilities.Keywords: bank, credit, diversify, interest incom

    CITY BRANDING VS. CULTURAL BRANDING: TOWARDS A THEORITICAL FOR DEVELOPING BANDUNG IDENTITY

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    City branding is not just an image of the city but also an identity which shows the origin and character of the city. When branding is associated to marketing and advertisement of the city, image/identity shows sovereignty and pride of the city. The transformation of Indonesian government mechanism from centralization to decentralization has brought new sight of government leadership and management. Regional government like city, district, or province has almost full authority on conducting their own government. Bandung city as one of cities in Indonesia has showed its ability on conducting city branding. “Bandung Juara” as Bandung city branding could give positive impact on regional economic development through city advertisement. In the other side, the cultural identity of Bandung city does not arise along with those city branding. This study aims to identify the identity of Bandung through city branding compared with cultural branding. This research uses descriptive analysis method by analyzing synthesis literature from some previous researches and related information of Bandung city which collected and summarized to get conclusion about Bandung as branding city vs. culture branding. The finding shows that creativity and modernity are very dominant on Bandung city branding strategy. It gives positive impact on economic development, but in the other side it covers  their original culture. Sundanese culture as original culture of Bandung city did not totally supported on city branding strategy. This problem could make Sundanese culture extinct because it will be leaft behind  and replaced with modern- culture.Keywords: Bandung, city branding, cultural branding, city image, creative city, Sundanese cultur

    Indonesian Tourism Demand Forecasting using Time Series Approach to Support Decision Making Process

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    Tourism industry is always growing dan uphold an important role in national economy as the second largest portion of foreign exchange contributor, as well as its role in national employment. In improving tourism industry, forecasting is needed to anticipate the perishable nature of tourism. Therefore, an accurate forecasting is needed as the baseline of strategic resource planning in order to maximize the utilization dan efficiency of the available resources. The objective of this research is to build an accurate model that is able to forecast Indonesian tourism demand. This research use ARIMA algorithm to forecast the arrivals of tourist. The result of this paper is a time-series model for tourist arrivals in Indonesia Keywords: Tourism, Demand Forecasting, ARIMA, Indonesia

    INFLUENCE OF INTELLECTUAL CAPITAL ON COMPANY GROWTH WITH COMPANY PERFORMANCE AS INTERVENING VARIABLES

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    Intellectual capital is one of the knowledge assets owned by a company. This study aims to determine whether intellectual capital has a positive influence on the growth of companies with company performance as an intervening variable. This research takes a sample of companies engaged in hotels, restaurants, and tourism where the sector is one of the critical economic sectors in Indonesia. It is expected that intellectual capital will increase innovation so that it can attract consumers who ultimately improve performance. The data used in this study are financial data for 2009-2015 obtained from the financial statements of each company. The method used is a panel that is processed using e views 6

    IDENTIFYING STRATEGIES TO MINIMIZE INTERGENERATIONAL CONFLICT IN WORKPLACE

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    This study was conducted to identify strategies to minimize intergenerational conflict in workplace in an e-commerce company in Madagascar. This company is made up of three generations of people who is different in many ways that often lead conflict in workplace.In this study, 125 out of 150 questionnaires were returned to the researcher to be analyzed and interviews were conducted with four people. The data were analyzed by using NVivo 8.The finding of this study indicates that to minimize intergenerational conflicts: managers should have more understanding on what their employee’s needs and expectations; they must familiarize themselves with them. Establishing internal communication that value everyone is a must to solve intergenerational concern. Training is useful to strengthen team cohesion and mentorship is to break through barriers by encouraging employees of different generations to connect each other and setting compromise improve collaborations level among employees.Keywords: conflict management, intergenerational conflict, multigenerational workplace

    The Rise of Tower Provider (What Factors Impact Company’s Performance?)

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    This study aims to determine the effect of Tenants, Financial Leverage, Foreign Owned Subsidiary and institutional shareholder on company’s performance. The population consist of tower provider company listed on Indonesia Stock Exchange and we use time period of 2012 – 2017. Using purposive sampling method, we acquired five companies nonrelated to each other until 2017. We used Eviews 7 to conduct panel data regression statistic. The result showed that only institutional shareholder significantly impacts company’s performance

    THE EFFECT OF COMPETITIVENESS TOWARD ECONOMIC PERFORMANCE IN REGENCIES / CITIES AT EAST JAVA

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    This research is intended to analyze the competitiveness of regions to economic performance in each district/city in East Java Province. This research uses regression tool of panel data with approach of random effect model. The results of this study indicate that the indicators that have a big role on economic performance are the aspect of public services. So the priority of policy in general is the improvement of public service in terms of order of regulation/regulation, provision of infrastructure, and readiness of human resources. Improving the quality of human resources should also be a priority because based on the results of research indicates that variable human resources is an important factor in the formation of competitiveness.Keywords: competitiveness, economic performance, East Java

    LEADERSHIP CHALLENGES OF REGIONAL BANKS IN INDONESIA

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    Bank Pembangunan Daerah (BPD) or the Regional Development Bank of Indonesia is designed to be an agent for regional development with products and services that contribute to the improvement of employment, poverty, disparity, financial literacy and inclusion. However, regional government leaders often intervene with operations and decision making in the banks. To study the extent to which external factors influence leadership in the BPD, this qualitative study used secondary data from the Financial Service Authority or Otoritas Jasa Keuangan (OJK) combined with interviews with BPD leaders and stakeholders. The findings show that the interventions of the regional government leaders were highly influential and resulted in negative consequences on BPD management which directly or indirectly affected the performance of the banks. This study is expected to provide insights into measures which would promote the role of regional banks as a development agent. Keywords: development agent, interventions, leaderships, Regional Development Banks

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