Journal of Business and Behavioural Entrepreneurship

Risk Management Implementation on Private Projects

Mon, 10 Jun 2024 13:34:36 +0700

Private Owners have a significant role in supporting development in Indonesia. Projects with private owners with building segmentation include shopping centers (malls), offices, hotels and residential (apartments and housing). The difference in characteristics between private owners and government owners (Dwi Hatmoko and Khasania, 2016) will lead to risks due to practices carried out by private owners that cause the project to run out of control. Construction project risk management describes all project life cycles. Proper risk allocation in construction contracts is well-known because risk identification and risk allocation have a clear influence on risk handling decisions. The research methodology was conducted using qualitative methods. In this research there are primary and secondary data. Primary data used in the research is conducting case studies of similar private building projects. While secondary data by collecting data through questionnaires from 50 responders consisting of Project Manager (PM), Site Operation Manager (SOM), and Site Engineer Manager (SEM). Based on this responder survey, the respondents consisted of 30.2% of Project Managers, 25.6% of Site Engineer Managers, and 18.6% of Site Operation Managers. While based on the building function, it shows 25.6% from Hotel, 23.3% from Mix Used, 20.9% from Residential, 18.6% from Commercial, and 9.3% from Office. Based on the data analysis, 15 respondents accept that risks may not be avoided or significantly reduced. 23 respondents indicated financial risk and a desire to transfer the risk burden to another party, such as insurance. There were 3 respondents indicating a willingness to reduce the impact of the probability of risk occurrence. There were 0 respondents indicating increased risk mitigation rather than avoidance.

The Influence of Leadership Performance on Employee Commitment which is moderated by Turnover Intention

Cahya Purnama Asri — Mon, 10 Jun 2024 13:37:41 +0700

This research examines the analysis of the influence of performance and leadership on employee commitment moderated by turn over intention Study on Companies in Yogyakarta . This research was conducted at a company in Yogyakarta, the sample used in this research was 60, and the analysis tool used was SPSS as the tool . Is there a positive influence between Performance and Employee Commitment, is there a positive influence between Leadership and Employee Commitment, is there a positive influence between Performance and Employee Commitment in Companies in Yogyakarta which is Moderated by Turn Over Intention , is there a positive influence Between Leadership and Employee Commitment to Companies in Yogyakarta which is Moderated by Turn Over Intention .

The Effect of E-Commerce, Sales Promotion, and Impulse Buying Behaviour of College Student in Indonesia

Ambo Paerah, Verawaty, Diah Ismayanti — Mon, 10 Jun 2024 14:54:52 +0700

The rapid development of information technology has significantly transformed various aspects of daily life, including shopping activities. E-commerce has become an integral part of everyday life, especially among the younger generation such as university students. In Indonesia, the usage of e-commerce platforms like Shopee, Tokopedia, and Lazada has dramatically increased, particularly during the Covid-19 pandemic. This study aims to analyze the impact of e-commerce and sales promotions on impulse buying behavior among Indonesian university students. Using a quantitative approach, we surveyed 400 students from various universities across Indonesia. Data were collected through online questionnaires and analyzed using SPSS for descriptive statistics and regression analysis. The findings reveal that website quality and sales promotions significantly influence impulse buying behavior. Higher website quality, characterized by easy navigation, attractive design, and secure transactions, enhances the likelihood of impulsive purchases. Moreover, sales promotions, including discounts, flash sales, and special offers, are found to be highly effective in triggering impulse buying. The combined effect of website quality and sales promotions further amplifies this behavior. These results suggest that e-commerce platforms targeting university students should optimize their website quality and employ attractive sales promotions to maximize the effectiveness of their marketing campaigns. Understanding these factors can provide valuable insights for e-commerce businesses to develop more effective and efficient marketing strategies tailored to the behavioral tendencies of young consumers.

The Influence of Socio-Demographic Factors and Financial Socialisation on Financial Literacy of College Students in Indonesia

Abdul Rahman, Imam Suharto, Puji Hastuti — Mon, 10 Jun 2024 15:15:00 +0700

This study aims to explore the level of financial literacy among Indonesian university students as well as the influence of socio-demographic factors and financial socialisation on such literacy. The research method used is quantitative with a survey approach, involving students from various universities in Indonesia. The results showed that on average students were only able to answer 45.39% of financial literacy questions correctly, indicating that the financial literacy of Indonesian university students is at a low to moderate level. The analysis showed that socio-demographic factors such as gender, major in economics and business, and work experience have a significant influence on the level of financial literacy. In addition, financial socialisation through parents was also found to have a significant impact on students' financial literacy. This study emphasises the importance of more effective financial education programmes, both conventional and Islamic, to equip students with the necessary skills to make wise financial decisions. Effective financial socialisation, especially through parental guidance, can significantly improve financial literacy outcomes.

The Role of SME Human Capital Resource Competence in Improving SME Performance

Rahman Alatas, Mohdari, Ady Kurnia — Mon, 10 Jun 2024 15:30:41 +0700

Small and Medium Enterprises (SMEs) play a crucial role in the economies of many countries, including Indonesia. However, one of the main challenges they face is improving business performance amidst increasing competition. This study aims to examine the impact of human resource (HR) competencies on the performance of SMEs. HR competencies include the abilities, knowledge, and skills possessed by employees to perform their tasks effectively. This research utilized a quantitative approach with a survey design and employed Structural Equation Modeling (SEM) with Partial Least Squares (PLS). Data were collected from 100 SME owners or managers in Macassar using questionnaires. The findings indicate that HR competencies have a significant positive effect on various performance indicators such as sales growth, profitability, operational efficiency, and customer satisfaction. The study highlights the importance of investing in education, training, and continuous development of HR competencies to enhance SME performance. Furthermore, the results suggest that improved HR competencies can foster innovation and adaptability in SMEs, contributing to their competitiveness in a dynamic market environment. This research provides valuable insights for policymakers and SME managers on the critical role of HR competencies in driving business success.

Literature Review Meta-Analysis: Student Loan Scheme

Yuliani, Ela Elliyana, Ramli Toalib — Tue, 11 Jun 2024 11:18:52 +0700

This study aims to assess the impact of student loan schemes on global access to higher education, focusing on literature from 2014 to 2024. Using a meta-analysis approach, the research compiles data from various studies to provide an overarching conclusion on the effectiveness and challenges of student loan policies. Key findings indicate that student loans significantly enhance access to higher education, especially for students from low socio-economic backgrounds, as evidenced by Msigwa (2016) in Tanzania. In the United States, the expansion of student loans has led to increased dependency on federal support and greater accountability demands from higher education institutions, as discussed by Berman & Stivers (2016). Additionally, global trends show widespread adoption of income-contingent loans (ICLs) in countries like Australia and the UK, facilitating manageable loan repayments based on income (Chapman, Dearden, & Doan, 2020). Reflecting on recent developments, President Joe Biden's announcement of $7.7 billion in student debt relief underscores the policy's political and economic significance. This decision aims to alleviate the financial burden on 4.75 million borrowers, despite political opposition. For Indonesia, this study suggests adopting income-based loans, enhancing accountability, and improving oversight to ensure equitable and effective loan distribution. These measures could reduce financial burdens and improve socio-economic outcomes, ensuring broader access to higher education.

The Impact of Trust and Platform Innovation on Consumer Behavior in Social Commerce Among Indonesian University Students

Ita Minarni, Jamaluddin, Syahribulan — Thu, 13 Jun 2024 11:10:20 +0700

The rapid development of information technology has significantly transformed various aspects of life, including shopping behaviors. Social commerce (s-commerce) has emerged as a fast-growing trend in e-commerce, leveraging social interactions and user contributions to facilitate online transactions. This study aims to investigate the impact of consumer trust and platform innovation on consumer behavior in s-commerce among Indonesian university students. A survey was conducted with 300 students who actively use s-commerce platforms such as Shopee, Tokopedia, and Bukalapak. The data were analyzed using SPSS to examine the relationships between trust, platform innovation, and purchasing behavior. The findings reveal a strong positive correlation between consumer trust and purchasing behavior (r = 0.70), as well as between platform innovation and purchasing behavior (r = 0.60). Furthermore, multiple regression analysis shows that both consumer trust (B = 0.40, p < 0.001) and platform innovation (B = 0.30, p < 0.001) significantly influence purchasing behavior. These results underscore the importance of building consumer trust and continuously innovating platform features to enhance user experience and drive transactions. This study provides valuable insights for s-commerce platforms to develop effective marketing strategies and improve consumer engagement. The implications of this research highlight the need for trust-building measures and innovative platform designs to foster consumer loyalty and increase purchase intentions among university students in Indonesia.

The Effect of Financial Technology (Fintech) and Financial Literacy on the Financial Behaviour of Millennials in Indonesia: The Mediating Role of Financial Attitude

Lidiana, Arsuni, Madrianah — Thu, 13 Jun 2024 11:15:53 +0700

This study investigates the impact of Financial Technology (Fintech) and financial literacy on the financial behavior of millennials in Indonesia, with financial attitude acting as a mediating variable. As a global phenomenon, Fintech has revolutionized financial transactions through digital payments, online lending, investments, and personal financial management, significantly influencing millennials who are early adopters of these technologies. This demographic's responsiveness to Fintech results in reduced financial costs and improved financial management. Additionally, financial literacy and positive financial attitudes are crucial in shaping responsible financial behavior. This research highlights the necessity of understanding geographical, cultural, psychological, and social factors in the context of Fintech adoption and financial literacy, emphasizing the need for targeted educational programs and policies. Using a quantitative survey design with a sample of 300 Indonesian millennials aged 22-42, data was collected via online questionnaires and analyzed using Structural Equation Modeling (SEM). The findings reveal that both Fintech adoption and financial literacy positively influence millennials' financial behavior, with financial attitude significantly mediating the relationship between financial literacy and financial behavior. This study provides insights into enhancing financial literacy and Fintech adoption through effective education and public policies, contributing to better financial management among millennials.

Analysis of Alienative Commitment and Transformational Leadership on Employee Performance by Moderating Political Skills at the Jakarta Special Regional Election Supervisory Agency

Ari Soeti Yani, Ahmad Komarul Anam — Thu, 13 Jun 2024 11:20:46 +0700

The impact of alienative commitment and transformational leadership on employee performance with the moderating variable political skill. 67 respondents aged between 20 and 40 years participated in this research. The sample of respondents used to collect data was via a g-form distributed via WhatsApp. The method used to manage data uses Partial Least Squares software to test hypotheses. The results obtained show that alienative commitment has an impact on employee performance, transformational leadership has an impact on employee performance, and political skills can moderate the impact of alienative commitment on employee performance, and political skills can moderate the impact of transformational leadership on employee performance. In this research it was found that if you want to improve employee performance, you need to have good commitment and transformational leadership, and good political skills will motivate you to do so.

The Influence of Economic Literacy and Risk Perception on the Decision to Use Paylater with Paylater Benefits as a Moderation

Muhammad Junaid Kamaruddin — Thu, 13 Jun 2024 11:21:35 +0700

This research is about "The Effect of Economic Literacy and Risk Perception on Purchasing Decisions Using Paylater with Paylater Benefits as Moderation". This research is motivated because there are still many Indonesians who still do not understand the Paylater payment method. This study occupies four variables consisting of variable Decision Using Paylater as the dependent variable. Economic Literacy and Risk Perception as independent variables. Furthermore, Benefit Paylater as a moderating variable. This study aims to prove whether there is an effect of economic literacy and risk perception on purchasing decisions using Paylater which is moderated by Paylater benefits. The research design uses causality which aims to test the direct effect and moderating effect between variables. The software used is SmartPLS (Partial Least Square). The results of this study are First, it shows that Economic Literacy has a significant effect on Purchasing Decisions Using Paylater, which means that based on this the hypothesis in this study is accepted. Second, Risk Perception has a significant effect on Purchasing Decisions Using Paylater, which means that based on this the hypothesis in this study is accepted. Third, it is stated that Benefit Paylater has a significant effect on Purchasing Decisions Using Paylater. Which means that based on this the hypothesis in this study is accepted. Fourth, Benefit Paylater strengthens the relationship between economic literacy on purchasing decisions using Paylater has a significant effect, which means that based on this the hypothesis in this study is accepted. Fifth, Benefit Paylater strengthens the relationship between Perception of Risk on Purchasing Decisions Using Paylater has a significant effect, which means that based on this, the hypothesis in this study is accepted.

Analysis of CEO Characteristics (Gender), CEO Age, and Tenure on Corporate Debt Policy

Abdul Latif, Dian Rachmawati Afandi, Zulfa Zakiatul Hidayah, Erna Apriani — Wed, 26 Jun 2024 15:11:54 +0700

Debt policy is one of the most important factors for companies that have gone public or not in maintaining the image of existing information to investors. As well as being one of the references for investors in deciding their investment actions. Thus, as an academic practitioner and also a capital market investor, this research theme is a topic of urgency in the perspective of the CEO (Gender) to be raised. The specific purpose of this study is to analyse the differences in debt policy among energy sector companies listed on the Indonesia Stock Exchange, with a focus on the character of the CEO (Gender), the age of the CEO, and the tenure of the CEO of the corporation. The research data analysis technique uses an independent mean difference test to test the hypothesis in this study, the first thing to do first is the assumption test or the feasibility of the research data model. The results showed the first that there was no significant difference in the Company led by Female CEO and male CEO, the second result showed that there was no significant difference in the Company led by CEO less than 45 years old and CEO more than 45 years old, the third result showed that there was no significant difference in the Company led by CEO with tenure below 10 years and the Company led by CEO with tenure above 10 years on corporate debt policy.

The Effect of Activity on Firm Value with Dividend Policy as an Intervening Variable

Ijma, Rendy Aziz Syahputra , Wahdania — Sun, 30 Jun 2024 00:00:00 +0700

This research aims to determine and explain whether dividend policy mediates the effect of activity on company value. The population in this study were 19 Processed food sub-industry companies listed on the Indonesia Stock Exchange for the 2018-2022 period. The data analysis tools used were the classical assumption test, path analysis, and hypothesis testing consisting of the coefficient of determination test, t-test, and Sobel test with the help of the SPSS Version 29 application. The research results showed that: (1) Activity does not affect dividend policy. (2) Activity has a significant effect on firm value. (3) Dividend policy does not affect firm value. The results of the Sobel test showed that (4) dividend policy could not mediate the effect of activity on company value. This is because investors focus more on the company's ability to generate profits and grow in the future, and high dividends can give a negative signal. Companies that retain profits and reinvest in profitable projects are generally preferred by investors and have the potential to increase the company's value in the future.