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Mapping Communication Priority of Local Government Leaders through Instagram Captions in Publicising Smart City Programmes
Get PDFCurrently, social media is required to inform the public about local government programmes related to smart city. Advances in technology require the government to provide fast, precise and accurate information services. Local government leaders' communication patterns are crucial factors in the successful implementation of the smart city technology. This study aims to map the communication priorities of DKI Jakarta government leaders in publicising the smart city programmes using Instagram. The study, using a qualitative method with a content analysis approach, employs a case study involving an Instagram account owned by Anies Baswedan as the head of the DKI Jakarta regional government, analysing captions posted between February 2019 and February 2020. The ATLAS.Ti program was used for data processing. The study results reveal that the highest priority area for communication regarding the smart city programmes was Smart Economy. Moderate priorities included Smart Living, Smart People, Smart Governance and Smart Mobility. Lastly, Smart Environment had a low priority. This study demonstrates that Instagram can be an effective medium for building interaction between leaders and the community in delivering smart city programmes with balanced communication intensity for each programme. Thus, this study's findings are expected to provide a reference for local government leaders in balancing communication priorities for all smart city programmes.
Environmental Information Disclosure Assessment: The Case of Manufacturing Firms Listed on the Indonesia Stock Exchange
Get PDFThis study aimed to assess the environmental information disclosure of listed manufacturing firms on the Indonesia Stock Exchange. Furthermore, this study used the content analysis procedure of the firm’s annual reports and sustainability reporting. The Global Reporting Initiative (GRI) standard was adopted as the guidelines for assessing environmental disclosure. Meanwhile, the evaluated topics are material, energy, water, biodiversity, emissions, effluents and waste, environmental compliance, and supplier environmental assessment. The results showed that manufacturing firms had disclosed environmental information at a moderate level, and the average performance level was relatively low. Furthermore, by topic, the environmental performance levels showed that disclosure related to effluents and waste was the highest, followed by energy, materials, emissions, water, biodiversity, and compliance, respectively. The results indicated that the Indonesian government needs to improve environmental law enforcement for industrial practice. Furthermore, Indonesia’s capital market authority is expected to introduce a sustainability index as part of a business organisation’s concern for environmental protection. The Institute of Indonesia Chartered Accountant (IAI) also needs to consider developing a standard for environmental reporting as an integral part of corporate financial reporting
Strengthening Human Capital Department Roles through Building Collaboration with External Stakeholders
Get PDFHuman capital department is found to have important roles in supporting the business objectives of a company. High competition in the customer goods industry makes the company strengthen its human capital department role because the human capital department becomes a strategic business partner. Most companies enhance their human capital departments internally, but internal resources have limitations in developing human capital department roles. The human capital department needs to look further to external resources that could support their roles. To strengthen human capital department roles through collaboration with external stakeholders needs further examination. This paper aimed to explore the external stakeholders in strengthening human capital department roles in consumer goods companies. Based on qualitative, semi-structured interviews of human capital leaders from five consumer goods companies in Indonesia, we identify six stakeholders based on the human capital department activities leading to human capital department roles. The external factors include outsourcing, vendors, government, business and professional associations, community, and university. Collaboration with these stakeholders strengthen the human capital department roles of consumer goods company
PROPOSAL TO IMPROVE PERFORMANCE APPRAISAL FOR LEVERAGING EMPLOYEE PERFORMANCE: THE CASE STUDY AT BPJS KETENAGAKERJAAN
No full textPerformance appraisal can be defined as one of the strategic approaches that will help a company to achieve the objective through improving the performance of the human capital that the company owns. In real practice, it has been considered as the most difficult process and most problematic HR areas for the parties involved. It indeed has been a challenge for many companies, but its program can be run in a more effective way if the management is able to fit practice, goals, and the strategy in utilizing it. In this research, an example of challenges in performance appraisal occurred in one of the biggest government entities, BPJS Ketenagakerjaan. A research conducted in which it aims to explore the performance appraisal system and the weaknesses in it. The data was collected through an in-depth interview with the Human Capital Department and the employee as users. The collected data were processed using Qualitative Coding and Analysis upon the interview result in order to understand and generate the findings. From the study, it has been indicated that in the components adopted by the company through the system, several practices have shown ineffectiveness. The issue is placed in the realization of individual appraisal data specifically in KPI measurement where all employees in the certain department have similar appraisal results. As a result, the HR function of performance appraisal that the company has can not be utilized properly. Hence, as a recommendation, BPJS Ketenagakerjaan needs to improve the performance appraisal system which focuses on fairness among employees and company’s succession cohesively through improving the cascading target process and appraisal method adjustment. Keywords : Performance Appraisal, Employee Performance, Key Performance Indicator, BPJSKetenagakerjaan
ANALYSIS OF THE IMPACT OF WATTPAD AS ONLINE WRITING AND READING APPLICATION TO CUSTOMER INTENTION ON BUYING PRINTED NOVEL
No full textWattpad is an online website and application designed to publish new user-generated stories for novice authors, which aims at creating social networks around stories for both amateurs and established writers. Wattpad helps aspiring authors find audiences, but it also offers original content to conventional book publishers, advertisers, and film and TV producers, in addition to providing them with real-time insights on the stories and subjects audiences find exciting (Steiner, A, 2017). Since Wattpad's popularity skyrocketed in Indonesia around 2011, the fiction shelves in bookstores in Indonesia are now dominated by books adapted from Wattpad. However, despite the fact that there are a significant number of Wattpad novels in the bookshelf, there rarely is a journal that discusses the relationship between the usage of Wattpad by readers, and their intentions to buy printed Wattpad books, especially in Indonesia. Therefore, this research aims to fill the existing gap. A quantitative survey was conducted among 325 respondents who have used the Wattpad app for at least the last 6 months to meet the objective of the research. As a result, after analyzing both genders of the respondent separately, it is indicated that for females, author familiarity, customer engagement, and perceived value is significantly correlated to consumer purchase intention. It was also found that perceived value is correlated to thestory idea and customer engagement, while the engagement itself could occur depending on how interesting the story ideas, author familiarity, author’s promotion, as well as vote for vote and comment for comment activities. However, the perspective of the male respondent remains unclear because of the limitation of the number of respondents.Keywords: Wattpad Indonesia; Online writing and reading platform; Customer Engagement; Perceived Value; Purchase Intentio
Estimating the Equity Value of PT Smartfren Telecom Tbk. Using Discounted Cash Flow and Relative Valuation
No full textThe development of technology has changed the telecommunications industry, both globally and domestically, so that telecommunications companies have benefited as internet service providers where currently the internet has become a primary need for the community. PT Smartfren Telecom Tbk (FREN) is one of the leading telecommunications service providers in Indonesia which is part of the Sinar Mas group. As a telecommunications company, FREN should benefit from developments in the telecommunications industry, however, that development if telecommunication industry is not in line with the company's profit. Whereas FREN has an increasing trend in revenue from 2015 to 2020 with a CAGR of 21%. This study aims to analyze the intrinsic value of FREN’s equity and compare with the market price and industry multiples. The valuation method used in this study are discounted cash flow (DCF) with a free cash flow to firm model and relative valuation with EV/EBITDA. Based on the results of the calculation, the market price of FREN's shares is considered too high where the intrinsic value of FREN ranges from Rp51 to Rp78 which is lower than the closing price (July 16, 2021) which is Rp112Keywords: telecommunications, DCF valuation, intrinsic value, overvalued, relative valuatio
Generation Z Repurchase Behaviour Analysis of Online Profit Thrift Shop in Indonesia
No full textAbstract. There are two types of thrift shops, non-profit and profit. In the current era, thrift businesses are starting to emerge, especially online profit thrift shops. This has resulted in an increase in Generation Z customers category online thrift stores over the past few years. Generation Z is known to be quite difficult to encourage do repurchase again at the same shop. Hence, an extra strategy is needed for online thrift store marketers that can encourage consumers to make repurchase intentions at the same online profit thrift store. The researcher explores the factors (perceived usefulness, enjoyment of online stores, trustworthiness of online shops, need for uniqueness, price orientation) of two major dimensions (store image and motif thrift) adopted from related journals. This study will use a survey method in collecting data from respondents and PLS-SEM. The results of this research indicate that enjoyment of online stores, need for uniqueness, and price orientation influences the repurchasing behavior of Generation Z on profit-winning online stores. The results of this research are expected to increase knowledge of the profit thrift store marketers, about generation Z Indonesia and to maximize sales of thrift products online in Indonesia.Keywords: Generation Z, Online Profit Thrift Stores, PLS-SEM, Repurchase Intentio
The Study of Indonesian, Malaysian, and American Consumers' Purchase Decision towards Motorcycle Riding Gear. Case Study : Unionwell.
No full textAbstract. Motorcycle phenomenon has been occurs and increase in several countries including in Indonesia. With the start of motorcycle trends there is also a motorcycle riding gear trend. Motorcycle riding gear is a clothing and accessories that is used by motorcyclist. By the increase in motorcycle riding gear trend there will be an opportunity for motorcycle riding gear business. One of the popular motorcycle riding gear business in Indonesia is Unionwell, a brand that is establish in Indonesia and focus in motorcycle and vintage culture and clothing. Eventually, Unionwell develop new strategy which is expand its store to another countries which are Malaysia and US. There is obstacles that face by Unionwell because each country has different culture and it causes different consumer behaviour. In order to survive and expand in global market, Unionwell must know the consumer behaviour from these 3 countries. This study aims to determine the consumer purchase decision in Indonesia, Malaysia, US and the relationship between the cross-national consumer attitude and purchase decision to help Unionwell with the international marketing recommendation. This study adapted the model from the previous research about cross-cultural and men consumer behaviour. This research use quantitative approach through online survey method towards 200 respondent who already purchase motorcycle riding gear in Unionwell and analyzed by PLS-SEM and One Way MANOVA to assess the relationship between the factors and consumer purchase decision differences among 3 countries (Indonesia, Malaysia, and US). The result shows, attitude towards globalization significantly affected global openness and consumer ethnocentrism. Global openness significantly affected consumer ethnocentrism. Consumer ethnocentrism significantly affected COO image. COO image affectedbrand awareness. Moreover, social identity, self-esteem, culture value and lifestyle affected attitude towards products. Meanwhile, attitude towards product affected purchase decision. The implication of this research is to give insight about consumer attitude and buying behaviour towards motorcycle riding gear and to help Unionwell survive and expand in global market by give the international recommendation that can be implied.Keywords : Attitude, Buying Decision, Cross Culture, Motorcycle Riding Gear, Unionwel
Political Event Effect on Politically Connected Firms Return and Trading Volume Activity (Event Study on KOMPAS100)
No full textAbstract. This paper aims to find out the existence of differences between politically connected firms and non-politically connected firms during Indonesia political year. There were numerous events in 2019 that believed to create an uncertainty in the market. In 2019, for the first time in Indonesia history that presidential and legislative elections were held simultaneously and in one day, beside that during that year there were large-scale demonstrations that have occurred more than once in context of rejecting government statements or even new policy. The event study methodology is used to analyse the market reaction toward 3 chosen political events within a 5 days event period. The market reactions are determined by using two indicators of abnormal return and trading volume activity. The samples that will be used is Kompas-100 stock which will be divided into politically connected firms and non-politically connected firms. This overall result of this paper shows that there is no difference between politically connected firms and non-politically connected firms during the specified event. The test actually does show a higher result of AAR for Politically connected firms but the differences were too slight.Keywords: Event Study, Indonesian Political Connection, Political Event, Political Uncertaint
Quarter-life millennials’ perspectives on women’s role and career in industry 4.0
No full textAbstract. Womens’s empowerment now has become one of the most important concerns of the 21st century. Women take a dual role in their lives, domestic and public. Many women have held top leadership in an institution, such as ministers or managers of companies. The emergence of the industrial revolution 4.0 must be used properly handled by women as an opportunity for women as part of promising world society. The fact that women are still called to work in the industrial world still has several challenges. Many educated women are also less likely than men to seek careers in various industries. This study reveals that students from various colleges in Indonesia as part of the millennial generation who enter or are living in a quarter-life cycle, have diverse perspectives on the role and career of women in the industry 4.0. It was found that there are many factors and aspects that underlie their diverse perspectives and are influenced by students' insights and experiences. This study concludes that the complexity experienced when dealing with millennials impacts on the formation of millennial generation perspectives on the role and career of women in industry 4.0.Keywords: Millennials, Women’s Role, Women’s Career, Industrial Revolution 4.0, Quarter-Lif