Indonesia Conference Directory

Corresponding Author
Niche Evandani

Institutions
(a) Universitas Indonesia-Fakultas Ekonomi dan Bisnis

Abstract
The flavor business has a high complexity because the finished goods of materials are unique and specific for most customers. Inaccurate delivery schedule can be a source of waste in delivery process PT XYZ one of the Flavor Houses in Indonesia. During this time, PT XYZ implemented shipments to customers using the direct shipment method, while Purchase Orders (PO) provided by customers mostly do not have a clear pattern. Therefore, it is important for PT XYZ to conduct further analysis of the distribution network design in order to improve delivery cost efficiency. In this study, it was discussed further related to the analysis of the distribution strategy with the delivery time window and milk run method for delivery to PT XYZ-s customers. The delivery time window have main principle on grouping and merging are carried out to customers who have the same destination area. Determination of the Milk Run route is based on the customer cluster area and the Clarke-Wright algorithm principle by considering the limitation of time window and transportation fleet capacity. This study uses secondary data including PT XYZ-s delivery report period 2018, distance data from the Distribution Center in Karawang with customer delivery locations through Google Maps, and other secondary data obtained through literature studies. In the results of the study, it was found that 76% of customers at PT XYZ had higher fleet rental per unit of goods (KG) than distributors who applied the window time strategy. In addition, there are 18% of customers who have met the volume threshold for individual shipments, while the remaining 82% can implement milk run method to improve the delivery efficiency.

Keywords
distribution, efficiency, time window, milk-run, transportation

Topic
Innovation, IT, Operations and Supply Chain Management

Link: https://ifory.id/abstract/yuEJpe8wBtzb

Corresponding Author
elva herlianti herlianti

Institutions
universitas pendidikan indonesia
Jl setiabudi no 229 bandung 40154 indonesia

Abstract
ABSTRAK Menyikapi realisasi era digital saat ini, kualitas layanan enterprenuer di Indonesia diharapkan semakin meningkat secara signifikan, agar mampu menjangkau seluruh lapisan masyarakat, khususnya bagi masyarakat yang tinggal di daerah 3T (Terdepan, Terluar, dan Terpencil). Namun, pada kenyataannya kualitas layanan enterpreneur di Indonesia saat ini masih minim dalam mengakses masyarakat yang tinggal di daerah 3T tersebut. Mencermati berbagai realita yang telah diuraikan di atas, maka melalui analisis implementasi kebijakan teknologi finansial ini, diharapkan kualitas layanan enterprenuer semakin dapat ditingkatkan dan dirasakan oleh seluruh lapisan masyarakat Indonesia secara riil dan para pelaku bisnis dapat memahami pengelolaan fungsi manajemen dengan tepat didasarkan pada sikap takut akan Tuhan dan menghargai sesama, dalam konteks pengelolaan aset internal maupun eksternal yang mencakup aktivitas bisn secara holistik. Dengan demikian, tulisan ini bertujuan untuk menganalisis secara lebih mendalam mengenai kekuatan, kelemahan, peluang, dan ancaman implementasi teknologi finansial terhadap kualitas layanan enterpreur Indonesia di era digital melalui studi literatur fintech. Kata Kunci: teknologi finansial, layanan fintach, kualitas enterpreur ABSTRACT Responding to the realization of the current digital era, the quality of service providers in Indonesia is expected to increase significantly, in order to be able to reach all levels of society, especially for people who live in area 3T (Frontier, Outermost, and Remote). However, in reality the quality of service for entrepreneurs in Indonesia is currently still minimal in accessing people living in the 3T area. Looking at the various realities outlined above, then through an analysis of the implementation of this financial technology policy, it is expected that the quality of entrepreneurial services can be increased and felt by all layers of Indonesian society in real terms and business people can understand the management of management functions appropriately based on fear of God and respect for others, in the context of managing internal and external assets that include business activities holistically. Thus, this paper aims to analyze more deeply the strengths, weaknesses, opportunities, and threats of the implementation of financial technology towards the quality of Indonesian entrepreneurial services in the digital era through the study of fintech literature. Keywords: financial technology, fintach service, enterpreur quality

Keywords
teknologi finansial, layanan fintach, kualitas enterpreur

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/rz8wMPZfhFJV

Corresponding Author
Ujang Suherman

Institutions
Universitas Pendidikan Indonesia
Sekolah Pascasarjana
Jalan Dr. Setiabudhi Nomor 229 Bandung 40154
http://sps.upi.edu - e-mail:pascasarjana[at]upi.edu

Abstract
Indikator keberhasilan kinerja perusahaan dapat di lihat dari laporan keuangan perusahaan dengan memperhatikan rasio keuangan. Oleh karena itu sangat penting untuk melakukan peneliti kondisi perusahaan melalui laporan keuangan dengan menganalisis rasio keuangan. Objek dalam penelitian ini adalah perusahaan yang sudah go public di bursa efek Indonesia. Data penelitian yang digunakan adalah laporan keuangan tahun 2017 dan tahun 2018. berdasarkan jenis data, penelitian ini menggunakan pendekatan analisis kualitatif deskriptif dengan Metode analisis yang digunakan adalah time series. Time series adalah analisis yang membandingkan kinerja perusahaan dari waktu ke waktu, sedangkan alat ukur yang digunakan dalam penelitian ini adalah rasio keuangan yang fokus kepada rasio liquiditas, rasio solvabilitas, rasio profitabilitas dan rasio activitas. Berdasarkan hasil penelitian, dan disimpulkan bahwa rasio-rasio keuangan tadi mengalami perubahan. Dari perubahan yang terjadi dapat dilihat kondisi keuangan perusahaan dalam keadaan baik atau kurang baik sehingga dapat diberikan saran yang bermanfaat untuk peningkatan usaha pada masa yang akan datang.

Keywords
analisi laporan keuangan, rasio likuiditas, rasio solvabilitas, rasio profitabilitas, rasio activitas.

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/ZKgMAujXR6zf

Corresponding Author
Gilang Mangestika

Institutions
(a) School Of Industrial Engineering, Telkom University, Jl. Telekomunikasi No.01, Sukapura, Dayeuhkolot, Kota Bandung, Jawa Barat 40257, Indonesia.
*gilangmanges[at]gmail.com

Abstract
SMASH.ID is one of the digital startups that provides applications to connect garbage banks, customers and the government. SMASH in 2018 is not maximal in achieving its targets. This is because the strategy used is considered to be less effective. The purpose of this study was to find out how the performance of SMASH digital startup in 4 balanced scorecard perspectives. The method used in processing the data in this study was the Analytical Hierarchy Process (AHP). The data used in this study are primary data and secondary data. From the results of weighting shows that the most influential perspective is the customers perspective with a percentage of 27%. The assessment carried out using BSC shows that the performance of SMASH is included in the good category, with a rating scale of 72%.

Keywords
Startup; Strategy ; Balanced Scorecard; AHP

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/fqZ68WGChNTU

Corresponding Author
Ilham Medal Junjunan

Institutions
a) School of Industrial and System Engineering, Telkom University
Jl. Telekomunikasi Terusan Buah Batu No.1, Gedung Karang, Bandung, Jawa Barat 40257 Indonesia
*ilham.mj58[at]gmail.com

Abstract
This study examines the relationship between Self Congruity and consumer purchase decision, the relationship between emotion and consumer purchase decision, susceptibility to reference group influence type (informational and normative influence) and consumer purchase decision, emotion in moderating the relationship of Self Congruity and consumer purchase decision and the susceptibility to reference group influence types in moderating the relationship of Self Congruity and consumer purchase decision. Data collection is done through online surveys. The study respondents were 500 men and women aged between 18-36 years (Millennial generation). The study found that in self congruity, were found predicting consumer purchase decision. The positive emotion also were found predicting consumer purchase decision, The susceptibility of those reference group influence types, both normative and informational, also has a significant positive relationship to consumer purchase decision. Moderation analysis shows that susceptibility to both types of reference group influence strengthens the relationship of Self Congruity and consumer purchase decision, and the second moderation, positive emotion strengthens the relationship of self congruity and consumer purchase decision .

Keywords
self congruity, emotion, millennial generation, consumer purchase decision, reference group influence.

Topic
Marketing Management

Link: https://ifory.id/abstract/axR2nB86JdUf

Corresponding Author
Yupi Yuliawati

Institutions
Universitas Pendidikan Indonesia

Abstract
The museum is a permanent institution, non-profit, serving public needs, with an open nature by collecting, conserving, researching, communicating, and showing real objects to the public for the needs of study, education and pleasure. One factor that must be considered is the atmosphere, the influence of the atmosphere on the museum is very important. The museum seems unattractive and even looks dull and spooky. thus affecting the attractiveness and interest of consumers to visit. The method used in this study is descriptive analysis with survey methods, data obtained and used in this study are primary data and secondary data. The data collection technique in this study is by accidental sampling. The samples taken in this study were 100 respondents who were visitors to the MONPERA museum. This research uses the Atmosphere (Atmosphere) (X) variable and Visiting Decision (Y). The results of the study using multiple regression analysis, proved that the atmosphere (atmosphere has a positive effect on visiting decisions.

Keywords
Visiting decision, Atmosphere, Museum

Topic
Marketing Management

Link: https://ifory.id/abstract/uPd2pTHJkeaY

Corresponding Author
Alfian Sulthoni

Institutions
Faculty of Bussines and Management, Universitas Indonesia
Gd. MMUI Jl. Salemba Raya 4 Jakarta 10430

*alfiansulthoni[at]gmail.com

Abstract
The 21st century global market demands highly skilled workforce who are intellectually active, creative, innovative and capable of critical thinking. Therefore, this study examines the factors determining employee creative and innovative undertakings at work in power generation company with a focus on transformational leadership and organizational culture. The study adopted survey design and simple and moderated regression analyses to test three hypotheses. Data were collected from 158 (143 males and 15 females) randomly selected staff at PT PJB UP Muara Tawar aged between 25 and 50 years. Employees completed questionnaires consisting of validated scales of employee creativity and innovation, transformational leadership and organizational culture in the study. It was concluded that transformational leadership (t:7,768 & sig: 0,00) and appropriate organizational culture (t:3,635 & sig:0,00) are important factors in facilitating employee creativity and innovation at PT PJB UP Muara Tawar. It was recommended that companies can facilitate employee creativity and innovation by promoting and investing in transformational leadership training of their managerial staff as well as instituting enabling innovative organisational culture.

Keywords
Employee creativity, innovation, transformational leadership and organisational culture

Topic
Organizational Behavior, Leadership and Human Resources Management

Link: https://ifory.id/abstract/8ZefJkT9xtm4

Corresponding Author
ryan dharmasaputro Vilda

Institutions
Universitas Indonesia ( MM - MBA Program)

Abstract
Nowadays, many companies attempt to combine an unique theme into their advertisement through social media platforms such as Facebook, YouTube and Instagram. One of their purpose to attempt this strategy is to expecting become viral and increasing the intention to purchase of their products from their targeted viewers. A previous study found that nostalgic content in advertise has positive relationship with the attitude toward the ad. Thus, this present study builds a model to find the effect and relationship of the nostalgic advertisement to attitude toward the ad, attitude toward the brand, purchase intention and viral Intention. The model was tested by collecting data from respondents, the criteria forrespondents are, who lives in Jakarta, has working age from ( 20- 54 years old), and they still not use the advertised product. Then the next process is guiding them to watch the selected nostalgic advertisement and the last process is filling the questionnaire form which the purpose is to observing the effect after watching the advertise. The findings demonstrate the nostalgic advertising have positively significant to attitude toward the ad. The study also found there is positive relationship between attitude toward ad, attitude toward brand, viral intentions and purchase intention. With this findings, it provide insightful implications for marketers and advertisers to help them for determining the content theme for their further advertising.

Keywords
digital marketing, nostalgic advertising, attitude towards the ad, purchase intention, viral intention

Topic
Marketing Management

Link: https://ifory.id/abstract/NAQvLxyYac8W

Corresponding Author
Ryan Elfahmi

Institutions
Universitas Pendidikan Indonesia, Bandung, Jawa Barat, Indonesia

Abstract
This study aims to examine the effects of understanding investment, the existence of minimum investment capital, benefit and perceived risk on student investment intention in the capital market, with wages and capital market training used as moderate variables. The analysis technique in this study is the Moderated Regression Analysis (MRA). The sampling method is purposive sampling, with several criteria developed previously. The questionnaire is used to collect data from respondents. Respondents in this study were workers who were also students at the University of Pamulang, South Tangerang. A total of 162 respondents participated. Based on MRA analysis, understanding of investment, minimum investment funds, benefits and perceived risk influence investment intentions. Capital market training and wage as moderate variables did not show a significant effect.

Keywords
Investment intention, investment understanding, minimum investment funds, risk perception, benefits, wages, capital market training

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/QfczCEbYXZPm

Corresponding Author
Gusganda Suria Manda

Institutions
Universitas Singaperbangsa Karawang

Abstract
The case study in this research was conducted at PT Tri Jaya Teknik Karawang with research data per semester in 2012-2016 period. The phenomenon in this company is the unstable of company profit in each semester, which causes the selling price every year, and causing debt that impact on working capital and sales volume, creating the unstable of its net profit. The purpose of this study is to determine whether the working capital and sales volume affects the net income either partially or simultaneously. This study has two independent variables, they are: Working Capital (X1) and Sales Volume (X2) and one dependent variable is Net Profit (Y). The method used in this research is quantitative method, with data analysis method using data normality test and classical assumption test. The data are using descriptive and verificative analysis. Based on the result of the research in t test (partial),means there is influence of Work Capital and Sales Volume to Net Income partially. It means simultaneously (F test) obtained significant value variable of Working Capital and Sales Volume is about 0.010 <0.05, it means simultaneously the influence of Working Capital and Sales Volume to Net Profit. The coefficient of determination test shows that Working Capital and Sales Volume have a strong influence on Net Profit that is equal to around 73,1% and the rest equal to around 26,9% influenced by the other variable outside of second variable which is studied.

Keywords
Working Capital, Sales Volume, Net Income

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/reWzJt4GPQ6C

Corresponding Author
Desy Anisya Farmaciawaty

Institutions
School of Business and Management, Bandung Institute of Technology Jalan Ganesha No. 10, Bandung 40132, Indonesia
*desy.anisya[at]sbm-itb.ac.id

Abstract
Patient queues has become a problem in healthcare delivery systems. Long queues will result in delay of patient receiving needed services as well as economic loss since patient lose their productivity time. Patient waiting time has been one among other indicators to evaluate the healthcare providers- performance and quality. This research aims to investigate waiting time or length of stay spend by outpatient customers of several hospitals in West Java. Data were collected through electronic record from the hospitals information system and analyzed using Business Process Model and Queuing Model. From the research we found that those hospitals still have not able to fulfill the outpatient waiting time minimum service standard set by the government which should be less or equal with 60 minutes. For future research, we will investigate the root cause of the longer waiting time and recommend a new process to improve this situation.

Keywords
patient queuing; waiting time; length of stay

Topic
Innovation, IT, Operations and Supply Chain Management

Link: https://ifory.id/abstract/gvtkXndGYFVJ

Corresponding Author
Aldi Akbar

Institutions
Universitas Pendidikan Indonesia, Bandung, West Java, Indonesia

Abstract
This study aims to examine the effect of variable income growth, managerial ownership, efficiency and firm size on firm value and dividend policy on companies listed on the Indonesia stock exchange in 2014 - 2018. The samples taken are companies that are members of the LQ45 stock group based on considerations (1) liquidity and market capitalization, (2) companies routinely distribute dividends annually, (3) companies come from various industries. Data is obtained from the IDX page (www.idx.co.id) and the analysis technique used in this study is path analysis. The test results show that income growth has a negative effect on firm value and also on dividend policy. While managerial ownership, firm size, and firm efficiency do not affect firm value. The size and efficiency of the company have a positive effect on dividend policy. Managerial ownership and firm value do not affect dividend policy.

Keywords
dividend policy, company value, growth, managerial ownership

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/Ue8yBdKhRqPz

Corresponding Author
Desy Anisya Farmaciawaty

Institutions
School of Business and Management, Bandung Institute of Technology Jalan Ganesha No. 10, Bandung 40132
*desy.anisya[at]sbm-itb.ac.id

Abstract
Efficient national medicine supply system is necessity to avoid shortages and stock outs of medicines. According to WHO, one factor that contribute to ensure availability and accessibility of medicines is coordinated healthcare partners and institutions. Therefore, this research aims to do a stakeholder analysis to understand and evaluate the stakeholder-s -related with medicine supply system- behavior, intentions, interrelations, and influence. Data were collected through focus group discussion and in-depth interview to healthcare providers, public health office, and medicine suppliers in West Java. To carry out this research, first we will identify all key (primary and secondary) stakeholders, next, we analyze the power, interest, and influence of the stakeholders using the stakeholder analysis matrix. From the research we will obtain information that can be used to help understand the power and interest of each stakeholder, the relationship among them and the issues they care about most.

Keywords
medicine supply system; stakeholder analysis; stakeholder analysis matrix

Topic
Innovation, IT, Operations and Supply Chain Management

Link: https://ifory.id/abstract/LYqGKFaJRQxZ

Corresponding Author
Desy Anisya Farmaciawaty

Institutions
a) School of Business and Management, Bandung Institute of Technology, Jalan Ganesha No. 10, Bandung 40132
*desy.anisya[at]sbm-itb.ac.id

b) Centre of Business in Society (CBiS), Faculty of Business and Law, Coventry University

Abstract
In healthcare industry, sustainable supply chain management is focused on environmental, social and economic aspects linked to healthcare activities, with objective to reduce the impact of the healthcare operations on the environment and society, reduce healthcare operations cost and make the service more affordable. However, up to day, there are still no standard framework of sustainability practices in healthcare supply chain management. Therefore, this research aims to review related literature focusing in healthcare sustainable supply chain management framework that can be adapted in Indonesia-s healthcare industry. To carry out this research we will reviewed 129 journal article, cases and reports from ProQuest and JSTOR data base. We classify the reviewed literature according to three sustainability dimensions (economic, social, and environmental). For future research, the results of this study can be used to develop a suitable healthcare sustainable supply chain management framework for Indonesia healthcare industry.

Keywords
Healthcare Supply Chain Management; Healthcare Sustainable Supply Chain; Healthcare Sustainable Supply Chain Framework

Topic
Innovation, IT, Operations and Supply Chain Management

Link: https://ifory.id/abstract/MWCjznuKweZ9

Corresponding Author
Andrew Saragih

Institutions
a) Fakultas Ekonomi dan Bisnis, Universitas Indonesia, Salemba Raya 4, Jakarta 10430, Indonesia
*saragiandrewilson[at]gmail.com

b)Fakultas Ekonomi dan Bisnis, Universitas Indonesia, Salemba Raya 4, Jakarta 10430, Indonesia

Abstract
The rapid growth of Social Media user in Indonesia has created a better chance for to advertise a brand that was previously on a general internet platform, into social media platforms. Social network is basically a two-way communication media, however it is not suitable if advertisement on social media only used as a one-way promotion tools. In this study, researcher use Instagram as the social media, knowing advertising feature on this platform offers more feature for users to engage compare to other social media. The findings indicate that users attitude toward the advertisement, which influenced by Informativeness, Irritation and Entertainment influence positively on users attitude toward the brand and users engagement behaviour. A total of 195 respondents who ever found an advertisement, and currently active using Instagram participated to fill out an online questionnaire and the data analyzed using SEM (Structural Equation Modeling) .

Keywords
Brand Attitude, Engagement Behaviour, Attitude toward the Ad, Internet Advertising, Instagram, Social Network.

Topic
Marketing Management

Link: https://ifory.id/abstract/w9GWMUHgcbra

Corresponding Author
Fahmi Jahidah Islamy

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia Membangun (STIE INABA)

Abstract
This research aims to understand the effect of organizational structure on knowledge sharing. there are three criteria for organizational structures that support the implementation of knowledge sharing: participative decision making, ease of information flow and cross-functional teams. This research is intended to contribute to academic institutions in improving knowledge sharing. The sample in this study amounted to 119 lecturers at state universities in Bandung by using probability sampling techniques. The analysis technique used is multiple linear regression. The variables studied are organizational structure (participative decision-making, ease of in-formation flow and cross-functional teams) and knowledge sharing. The research findings indicate that organizational structure is positively significant related to knowledge sharing.

Keywords
Knowledge sharing, organizational structure, participative decision-making, ease of information flow and cross-functional teams

Topic
Organizational Behavior, Leadership and Human Resources Management

Link: https://ifory.id/abstract/taZNdUw4rHhD

Corresponding Author
Sadikun Citra Rusmana

Institutions
Universitas Pasundan, Management Department of Economic and Business Faculty

Abstract
Entrepreneurial leadership have four characteristics are lead the vision, encourage, arrange, and direction. The whole of characteristics are important to observation in relation with entrepreneurship characteristics. This article can explain the result of research in entrepreneurship in the young entrepreneurs, aspecialy among 19 - 30 age. Descriptive and verificative method used for observations and analysis 33 respondens who running in the creative industry. The result showed that entrepreneuship characteristics related to entrepreneurial leadership. In this research not differences gender significantly.

Keywords
Entrepreneurial leadership, young independen entrepreneurs, entrepreneurs characteristic

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/GWERpuTjJevY

Corresponding Author
Hananto Agung Baskoro

Institutions
Magister Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Indonesia
Jl. Salemba Raya No.4, Jakarta 10430

Abstract
This study aims to identify the factors influencing consumer behavioural of mobile payment features (QR Code payment) intention in Indonesia. We proposed a conceptual framework based on technology acceptance model (TAM) consist of three technology factors (perceived usefulness, perceived ease of use, and trust); one social context factor (social influence); and two individual user characteristics (perceived enjoyment and perceived behavioral control). The proposed research framework was empirically tested by data collected from 195 potential QR Code payment service users, through an online survey. Data were analyzed using structural equation modeling (SEM) technique. The result shows a particularly significant positive impact of QR Code payment on perceived usefulness, social influence, perceived enjoyment, and perceived behavioral control. However, trust and perceived ease of use has an insignificant impact on QR Code payment intention. Findings of the study have important theoretical and practical implications, particularly to understand important user-centric factors affecting QR Code payment consumer intention.

Keywords
Mobile Payment; QR Code Payment; TAM; Customer Acceptance

Topic
Marketing Management

Link: https://ifory.id/abstract/UbRQNq4WThjd

Corresponding Author
Purnama Ningsih

Institutions
Chemistry Education, Department Mathematics and Natural Sciences Education, Faculty of Teacher Training and Education, Universitas Tadulako

Abstract
This study aimed to find out how the understanding of indigenous community in Sigi district that related to ethnoscience knowledge and its application in the daily lives. This study was a descriptive qualitative study using interview and documentation methods. Based on the results of the research, it was obtained that the indigenous community in Sigi district has the scientific knowledge that related to food processing, processing of agricultural products, and treatment for some diseases.

Keywords
Ethnoscience; Knowledge; Indigenous; Community; Sigi; Palu

Topic
SCIENCE EDUCATION

Link: https://ifory.id/abstract/VeqpNHMPTvcz

Corresponding Author
Petrus Bayu Darmanto

Institutions
MM-MBA Universitas Indonesia
Gedung MMUI, Jl. Salemba Raya 4, Jakarta 10430

Abstract
This study compares the efficiency of different groups of ownership and bank size, and investigates the productivity change during the period, pursuant to fulfilment of regulations issued in 2012 concerning “Business Activities and Office Networks Based on Bank Core Capital” and “Minimum Capital Adequacy Requirement for Commercial Banks” that ignites the change of banks- strategy, capitals and ownership, as well as attracting M&A with more foreign investments. The measurement method of the bank efficiency adopts recently developed two-stage network data envelopment analysis model by Liang et al. (2008) to obtain intermediation and operational efficiencies to establish the overall bank efficiency. The bootstrapped truncated regression algorithm as proposed by Simar and Wilson (2007) employed to examine the exogenous factors to the efficiencies. The study employs 105 conventional banks operating in Indonesia since 2013 that suggests Indonesia banking efficiencies has been improving evidenced with improving overall efficiency scores and the gap efficiencies between intermediary and operating functions narrowed during the observed period (2013-2018).

Keywords
bank efficiency, two-stage network DEA, Data Envelopment Analysis, Indonesia,

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/wG2KZ9JyfDFu

Corresponding Author
Kevin Yoditama

Institutions
University of Indonesia
Master of Management (MM)
Jalan Salemba Raya No. 4, RW 5, Kenari, Senen District
Central Jakarta, DKI Jakarta

Abstract
The globalization issue which one of the caused by keener market competition lead most of the industries facing agitation - including automotive industry. This forces company-s management to prepare more vivid strategy so the company able to sustain their existence and achieve certain target level of profitability. In the company whose team is running sales, one of the most important strategy needed by them is optimizing their sales business process to be more effective, with ultimate goal is to reach competitive advantage. It is required to have systematic method for improving the process regularly, where the most relevant method used by Japanese companies is implementing Kaizen. The critical success of Kaizen implementation has some main factors which will drive positive impact to sales achievement : management commitment and contribution from senior member. This research using reliability test, validity test and also significancy test to find out which critical success factor from Kaizen implementation that provide the most impactful to employee-s performance.

Keywords
Sustainability, Kaizen, Business Process, Critical Success Factor, Employee-s performace

Topic
Innovation, IT, Operations and Supply Chain Management

Link: https://ifory.id/abstract/L8x2rpYXqZfD

Corresponding Author
Tinjung Desy Nursanti

Institutions
Universitas Pendidikan Indonesia

Abstract
The purpose of this paper is to describe several things related to the notion of options, stock options, transaction mechanisms, applicable legislation based on the study of literature, the previous research, and various information from financial sites that related to the topic mentioned above. Therefore, the research questions that needs to be answered are as follows: 1. What are the developments in options markets in Indonesia? 2. What is the role of the Financial Services Authority (OJK) in developing options trading transactions related to the legal aspect in Indonesia Stock Exchange or capital market? Meanwhile, option is basically a contract between two parties that contains the right for the option buyer to buy or sell the underlying asset of the contract at the certain time and price agreed upon at the beginning of the contract. The discussion will be emphasized on the development of derivative transactions and the role of Financial Services Authority (OJK) in increasing the number of derivative transactions in Indonesia period 2004-2019 regarding the change of legal aspect.

Keywords
option market, Financial Service Authority, legal aspect, capital market

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/aZpHQP2DT8RW

Corresponding Author
Puspo Dewi Dirgantari

Institutions
Universitas Pendidikan Indonesia

Abstract
The development of the cosmetic industry in Indonesia showed an increase. The number of local cosmetics in Indonesia cause an increase in business competition. Companies need to pay attention to customer loyalty towards the brand (brand loyalty) as an important aspect in the face of competition. One of them through a brand trust because if the customer has of the brand then customers will continue to use and buy the brand or loyal towards the brand has to offer. The purposes of this study to obtain: The influence of brand trust on brand loyalty. The method use was explanatory survey with a sample size as much as 107 respondents. Data analysis technique used is simple with linier regression tools computer software statistical product for service solution (SPSS) 24.0 for windows. The result of the findings of this research show Brand trust has a positive and significant effect against the brand loyalty. This shows that the better the customer believes in the brand, the better is brand loyalty.

Keywords
Brand Trust, Brand Loyalty

Topic
Marketing Management

Link: https://ifory.id/abstract/exmNduCRtBbM

Corresponding Author
Yosua Samuel Ramli

Institutions
Magister Manajemen Fakultas Ekonomi dan Bisnis Universitas Indonesia

Abstract
Risk-taking behavior is one of important thing in running the company. Risk-taking behavior is needed especially when the company faces difficult situation. However, excessive risk-taking behavior may negatively affect the company. Risk-taking behavior is based on risk preference which differs among companies as well as individuals. At management level, diversity may be one of important factor affects risk-taking behavior. Previous literature review studied about diversity in management such as diversity in gender, age, education, experience, etc shows inconsistent results towards risk-taking behavior. Based on inconsistency of previous researches, author is interested to analyze the association between top management diversity as decision maker in the company to risk taking behavior. This research is conducted to obtain empirical evidence whether top management diversity is associated with risk-taking behavior. This research uses regression on panel data from 333 Indonesian listed non-financial companies for 3 years period from 2015 to 2017. Dependent variable of this research is risk-taking behavior. Independent variables of this research are top management diversity in gender, age, nationality, education background, and experience. Control variables of this research are company size, profitability, and growth. The result of this research shows that top management diversity in gender, age, nationality, education background, and experience are not significantly associated with risk-taking behavior. However, company characteristic such as size, profitability, and growth are significantly associated with risk-taking behavior.

Keywords
Risk-taking behavior, management diversity, management characteristic, company characteristic.

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/uE32aWbAytq7

Corresponding Author
Budi Prasetiyo

Institutions
Universitas Pendidikan Indonesia

Abstract
Indonesia which is the highest share of mobile traffic in Southeast Asia, has 87% of mobile traffic. On the other hand, based on the number of conversion rate, Indonesia only occupies the third position after Vietnam and Singapore. Female consumers in Indonesia are relatively fewer than male consumers in shopping through E-commerce. The purpose of this study is to examine more deeply about Brand preference towards Purchase Intention for female consumers in shopping through E-Commerce. The research method used is the verification method with a number of 36 female respondents who has shopped online. This research used purposive random sampling. The data has been analyzed by using simple linear regression. The results of this study indicated that there is an influence Brand Preference towards Purchase Intention for female consumers in shopping for E-Commerce. The implication is that E-Commerce companies must make the web more attractive, easy to use, and more secure in shopping

Keywords
Brand Preference, Purchase Intention, E-Commerce, Conversion rate

Topic
Marketing Management

Link: https://ifory.id/abstract/U6EHnPKqCFvY

Corresponding Author
Muhammad Fadil

Institutions
a) Sekolah Pascasarjana, Universitas Pendidikan Indonesia
Jalan Dr. Setiabudhi No. 229, Isola, Sukasari, Kota Bandung, Jawa Barat 40154, Indonesia
*mfadil[at]upi.edu
b) Sekolah Pascasarjana, Universitas Pendidikan Indonesia
Jalan Dr. Setiabudhi No. 229, Isola, Sukasari, Kota Bandung, Jawa Barat 40154, Indonesia

Abstract
Some previous studies have proposed the limitations and inability to provide support of women leadership by comparing it to men authority. Meanwhile, this study would like to show that women leadership allows support for the improvement of employees performance. This current research is a qualitative study. Literature review is implemented to collect and analyze the results of previous studies. Research is conducted by survey in a private high school in Bandung managed by a women principal. Literature review showed that women leadership in educational organization implies effective (honest, open, impressive advocacy skill) and flexible (informal approach, campaigning diversity and democracy) communication that develops the employees creativity and expression and leads to the formation of social harmony and unity among the employees, and also a conducive working environment. Hence, this study concludes that women have the ability to lead and women leadership may improve the employees performance in educational organization.

Keywords
women leadership, employees performance

Topic
Organizational Behavior, Leadership and Human Resources Management

Link: https://ifory.id/abstract/UzbyfxBnZvCh

Corresponding Author
INTAN PERMANA

Institutions
Fakultas Kewirausahaan, Universitas Garut
Jl.Jati No.42B Tarogong Kaler, Garut

Abstract
The iGeneration refer to those who experience early exposure to technology and sophisticated gadgets. They do multitask using smartphones and browse using personal computers. This paper describes the iGeneration-s behaviors in making online purchases of major products including clothing, recreation, hobbies, travel, home furnishings, baby needs, banking products and insurance products. The samples were 200 people. The results of data analysis showed that brand and positive reviews had influence on online purchases of major products by the iGeneration at the confidence level of 95%. Therefore, it is necessary for companies to establish brand and attract positive reviews to improve sales performance.

Keywords
online purchase, brand, e-trust

Topic
Marketing Management

Link: https://ifory.id/abstract/7jDNKQgmWhwx

Corresponding Author
Qorri Aina

Institutions
(a)Sekolah Bisnis Manajemen ITB, Universitas Pendidikan Indonesia, (b)Universitas Pendidikan Indonesia,(c) Universitas Pendidikan Indonesia

Abstract
Bandung as one of the most culinary tourism destinations in Indonesia and especially in West Java certainly has considerable opportunities to develop the food and beverage sector. And the phenomenon of the development of culinary business in the city of Bandung is currently growing rapidly, can be seen from the number of restaurants and food stalls that increase every year. So that it has been ascertained, for that we need the right strategy so that the company can compete and become superior compared to other competitors. This study aims to find out how business development strategies in culinary startups are hoping to improve corporate performance to be more advanced. To see how the competitiveness of the business environment is used, the Porter Five Forces model . And the application of strategies developed based on the SWOT grand matrix. The case in this study is a food and beverage startup company.

Keywords
business development strategy, business startup, corporate performance, SWOT

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/MQeARJrgFKhG

Corresponding Author
INTAN PERMANA

Institutions
Fakultas Kewirausahaan, Universitas Garut
Jl.Jati No.42B Tarogong Kaler, Garut

Abstract
Digital entrepreneurship is an effort to use information technology for businesses, in which entrepreneurs utilize digital platforms in commercial activities to connect with customers, develop products and renew services. This paper describes leather entrepreneurs- perseptions about platform as a strategy in digital entrepreneurship. The results of data analysis show that the respondents have good perceptions about platform. They can select, manage, store, and interpret platform. The adoption of digital entrepreneurship by leather entrepreneurs is facilitated by prolific use of internet, ICT savviness, prior knowledge and education, family environment, personal needs, easy internet access, media, and programming experts. Leather entrepreneurs use platform as a strategy to adopt digital entrepreneurship.

Keywords
digital entrepreneurship, platform strategy

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/qXeERzbxrt27

Corresponding Author
Wilman San Marino

Institutions
(a) Universitas Pendidikan Indonesia
Jl. Dr Setiabudi No 229 40154 Indonesia
*wilmansanmarino[at]upi.edu
(b) Universitas Pendidikan Indonesia
Jl. Dr Setiabudi No 229 40154 Indonesia
nugraha[at]upi.edu

Abstract
Since the democratic reform era in Indonesia, many entrepreneurs have entered the world of practical politics. Entrepreneurs occupy various strategic positions in party management and even occupy positions in both the legislative and executive branches in Indonesia, so that firms emerge with political connections. This study aims to determine the factors that influence the stock return of politically connected firms and politically not connected firms in Indonesia after the reform era. The research method is explanatory research methods and using the Fama and French five-factor pricing model. The data used are secondary data originating from listed firms on the Indonesia Stock Exchange in a period of 20 years, starting from 1998 to 2018. The results of the study show that the stock returns politically connected firms are significantly affected by market risk, profitability and investment while stock returns politically unconnected firms are significantly influenced by size, value factor, profitability, investment.

Keywords
politically connected firm, stock return, Fama-French five-factor model

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/XhgPbqFGJTZW