Pub Date : 2019-07-31DOI: 10.14414/JEBAV.V22I1.1700
Lindiawati Lindiawati, I. Usman, S. Astuti
Brand community has been extensively built and developed by either the companies or the customers voluntarily. These two gorups with different perspective hold different purposes. For the companies, brand community is considered an effective marketing strategy which is expected to achieve customer brand engagement. Anyhow, often companies focus more on the purposes of the brand community, but do not be quite aware of the policies, rules, or traditions firstly created as norms in order to lead the way the community members perceive and act. Often norms become pressures for the brand community members causing them reluctant to engage with he community. Referring to the theory of relationship marketing, this study develops a model of normative community pressure that is affected by both brand community identification and inter-member relationship quality, that are previously affected by brand relationship quality. The empirical analysis derives primary data of young entrepreneurship community created by one of the big five banks in Indonesia quantitatively analyzed using Structural Equation Modeling (Warp-PLS). The result helps explain the antecedents causing normative community pressure of the brand community. The implication of this study is that communitfy setter should regularly identify and analyze rules or practices within the community that might be potential barrier for the members in building engagement with the community.
{"title":"Normative community pressure in brand community: a study of young entrepreneurs community of mandiri bank","authors":"Lindiawati Lindiawati, I. Usman, S. Astuti","doi":"10.14414/JEBAV.V22I1.1700","DOIUrl":"https://doi.org/10.14414/JEBAV.V22I1.1700","url":null,"abstract":"Brand community has been extensively built and developed by either the companies or the customers voluntarily. These two gorups with different perspective hold different purposes. For the companies, brand community is considered an effective marketing strategy which is expected to achieve customer brand engagement. Anyhow, often companies focus more on the purposes of the brand community, but do not be quite aware of the policies, rules, or traditions firstly created as norms in order to lead the way the community members perceive and act. Often norms become pressures for the brand community members causing them reluctant to engage with he community. Referring to the theory of relationship marketing, this study develops a model of normative community pressure that is affected by both brand community identification and inter-member relationship quality, that are previously affected by brand relationship quality. The empirical analysis derives primary data of young entrepreneurship community created by one of the big five banks in Indonesia quantitatively analyzed using Structural Equation Modeling (Warp-PLS). The result helps explain the antecedents causing normative community pressure of the brand community. The implication of this study is that communitfy setter should regularly identify and analyze rules or practices within the community that might be potential barrier for the members in building engagement with the community.","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134434419","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-07-31DOI: 10.14414/JEBAV.V22I1.1671
Roya bakhshinezhad shamami, B. Kheiry
The present research aimed to study the effect of the marketing mix (price, product, place, promotion) and after-sales services on three dimensions of brand equity (perceived quality, brand loyalty, and brand awareness) using the Aaker Model. After-sales service in the automotive industry is emphasized as a key and effective element in the promotion of perceived quality, brand loyalty, brand equity, and even products pricing. It is a descriptive survey in which the required data were collected using a questionnaire. The statistical population included the buyers of products of Iran Khodro Diesel Company who have used the sales and after-sales services of this company, 384 of whom were selected as the sample. The obtained data were analyzed using Smart PLS-2 and SPSS-21. The results indicated that product; place (distribution), promotion (advertisement), and after-sales services have a significant impact on dimensions of brand equity.
{"title":"The effect of marketing mix and after sales service toward brand equity","authors":"Roya bakhshinezhad shamami, B. Kheiry","doi":"10.14414/JEBAV.V22I1.1671","DOIUrl":"https://doi.org/10.14414/JEBAV.V22I1.1671","url":null,"abstract":"The present research aimed to study the effect of the marketing mix (price, product, place, promotion) and after-sales services on three dimensions of brand equity (perceived quality, brand loyalty, and brand awareness) using the Aaker Model. After-sales service in the automotive industry is emphasized as a key and effective element in the promotion of perceived quality, brand loyalty, brand equity, and even products pricing. It is a descriptive survey in which the required data were collected using a questionnaire. The statistical population included the buyers of products of Iran Khodro Diesel Company who have used the sales and after-sales services of this company, 384 of whom were selected as the sample. The obtained data were analyzed using Smart PLS-2 and SPSS-21. The results indicated that product; place (distribution), promotion (advertisement), and after-sales services have a significant impact on dimensions of brand equity.","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134113929","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-07-31DOI: 10.14414/JEBAV.V22I1.876
G. Pontoh, Deng Siraja, M. Ibrahim
Enterprise Resource Planning(ERP) is an integrated system that provides a wide range of benefits for the company, but there are still many companies who have unsuccessfully implemented ERP system. This study aimed to analyze the effect of the task characteristic and the success of Enterprise Resource Planning (ERP) on the success of ERP, with the user characteristic and organizational characteristic as mediating variables. The data were collected by using a questionnaire distributed directly to users of Enterprise Resource Planning (ERP) in Indonesian companies listed in Indonesia Stock Exchange (ISE). The data were processed by using Partial Least Square (PLS). It was found that the suitability of the task significantly affects the success of an ERP system, either directly or mediated by the user variable characteristic and organizational characteristic. Task difficulty also significantly affects the success of an ERP system if mediated by the convenience variable (user characteristic). The success of the ERP system is determined by based tasks and task complexity through the system the user's convenience in using the information system.
{"title":"The effect of task characteristics on enterprise resource planning system success with user characteristics and organizational characteristics as mediating variables","authors":"G. Pontoh, Deng Siraja, M. Ibrahim","doi":"10.14414/JEBAV.V22I1.876","DOIUrl":"https://doi.org/10.14414/JEBAV.V22I1.876","url":null,"abstract":"Enterprise Resource Planning(ERP) is an integrated system that provides a wide range of benefits for the company, but there are still many companies who have unsuccessfully implemented ERP system. This study aimed to analyze the effect of the task characteristic and the success of Enterprise Resource Planning (ERP) on the success of ERP, with the user characteristic and organizational characteristic as mediating variables. The data were collected by using a questionnaire distributed directly to users of Enterprise Resource Planning (ERP) in Indonesian companies listed in Indonesia Stock Exchange (ISE). The data were processed by using Partial Least Square (PLS). It was found that the suitability of the task significantly affects the success of an ERP system, either directly or mediated by the user variable characteristic and organizational characteristic. Task difficulty also significantly affects the success of an ERP system if mediated by the convenience variable (user characteristic). The success of the ERP system is determined by based tasks and task complexity through the system the user's convenience in using the information system.","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130315084","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-07-31DOI: 10.14414/JEBAV.V22I1.1657
A. Soehadi, Eka Ardianto
Purpose –Authors argue that there is an interesting phenomena of visitors’ participation in Memorable Tourism Experience (MTE) specially in festival. It seems that the festival can significantly give more opportunity for the visitors to participate in MTE. Pine and Gilmore (1998) argued that participation enriches the visitors’ experience. Moreover, Barnes et al. (2016) suggested that long term remembered experiences have the strongest impact on revisit intentions. Therefore, the purpose of this paper is to analyze the role of participation in creating memorable tourism experience in Cap Go Meh festival and Linggarjati festival in order to create loyal visitor.Design/methodology/approach – The methodology started with instrument development. The items were developed by referring the works of Crompton and McKay’s (1997). They proposed six dimension of visitors’ motives to visit festival. Apart from that, we did some observation and interviews both practitioners and academicians to enrich the instrument. The refining process commenced with the pilot test to test of the items. This procedure was to ensure the validity and reliability of the questionnaire. Pilot test conducted on 30 marketing undergraduate students at Universitas Prasetiya Mulya, Indonesia. Then, authors conducted a review of the result. The word sequence was changed as a result of the input of the respondents on the pilot test of the initial questionnaire. The self-complete questionnaire was designed for both of Cap Go Meh and Linggarjati festival. Authors used a questionnaire instrument consisting of 42 questions on 5-point Likert-type scales of one to five range (1 = strongly disagree up to 5= strongly agree). Respondents were asked to rate their level of agreement/disagreement at that range. Data were gained by giving a questionnaire to festival visitor after the events.Conceptual development – Authors argue, from the previous studies, that there is still the gap towards the role of participation in memorable tourism experience remain. Authors proposed a conceptual framework that represents the relationships between motives, experience, memory vividness, and loyalty. To test the model, data were collected from direct surveys completed by 207 attendees of Cap Go Meh festival and 160 visitors of Linggarjati festival. This study employed Structural Equation Modelling (SEM) consist of analysing measurement model using Confirmatory Factor Analysis (CFA) and analysing structural model using regression analysis.Findings – Visitors have different motives to attend and take a part in festival. In Cap Go Meh festival, group socializationhas a positive effect on participation, which lead to immersion, then influences vivid memory and loyalty. While in Linggarjati festival, novelty has a positive effect on participation, which lead to immersion, then influences vivid memory and loyalty.Practical implications – Findings suggested that the importance of engagement toward visitor’s experience (
作者认为游客参与难忘旅游体验(MTE)的现象很有趣，尤其是在节日期间。似乎这个节日可以显著地给参观者提供更多参与MTE的机会。Pine和Gilmore(1998)认为参与丰富了参观者的体验。此外，Barnes等人(2016)认为，长期记忆的经历对重访意图的影响最大。因此，本文的目的是分析参与在Cap Go Meh节和Linggarjati节中创造难忘的旅游体验中的作用，以创造忠诚的游客。设计/方法论/方法——方法论始于仪器开发。这些项目是参考Crompton和McKay(1997)的作品开发的。他们提出了游客参观节日动机的六个维度。除此之外，我们还对从业者和学者进行了一些观察和采访，以丰富仪器。精炼过程开始于对产品进行中试。此程序是为了保证问卷的效度和信度。在印度尼西亚的Universitas Prasetiya Mulya的30名市场营销本科生中进行的试点测试。然后，作者对结果进行了回顾。单词顺序的改变是由于被调查者在初始问卷的先导测试中输入的结果。本问卷为Cap Go Meh和Linggarjati节设计。作者使用了一种由42个问题组成的问卷调查工具，这些问题由李克特式5分量表组成，范围为1到5(1 =非常不同意，5=非常同意)。受访者被要求在这个范围内对他们的同意/不同意程度进行评级。数据是通过在活动结束后对节日游客进行问卷调查获得的。概念发展——作者认为，从以前的研究来看，参与在难忘的旅游体验中的作用仍然存在差距。作者提出了动机、经验、记忆生动性和忠诚之间关系的概念框架。为了验证该模型，数据收集自207名Cap Go Meh节的参与者和160名Linggarjati节的游客完成的直接调查。本研究采用结构方程模型(SEM)，采用验证性因子分析(CFA)分析计量模型，采用回归分析分析结构模型。调查结果-游客有不同的动机参加和参加节日。在Cap Go Meh节中，群体社会化对参与有积极的影响，导致沉浸感，进而影响生动的记忆和忠诚度。而在Linggarjati节日中，新奇对参与有积极的影响，从而导致沉浸，进而影响生动的记忆和忠诚。实际意义-研究结果表明，为了创造生动的记忆和忠诚度，参与对游客体验(参与和沉浸)的重要性。目前的研究结果将特别引起Linggarjati和Cap Go Meh节作为文化节的兴趣。活动管理者应该注意到参与的重要性，以填补他们参与的动机，沉浸在节日中，创造生动的记忆和忠诚。我们研究的另一个实际意义是活动管理者了解每个游客对节日的特征的好处。Cap Go Meh节可以在群体社交中更高。活动经理应协助参观者以团体形式参与神像游行。而在Linggarjati音乐节上，游客获得了历史遗址和城市历史的新鲜感，与angklung -传统乐器- colossal的舞台融为一体。原创性/价值-这项研究是分析参与在难忘旅游体验中的作用的先驱。
{"title":"The role of participation in memorable tourism experience: a comparative case of cap go meh festival and linggarjati festival in Indonesia","authors":"A. Soehadi, Eka Ardianto","doi":"10.14414/JEBAV.V22I1.1657","DOIUrl":"https://doi.org/10.14414/JEBAV.V22I1.1657","url":null,"abstract":"Purpose –Authors argue that there is an interesting phenomena of visitors’ participation in Memorable Tourism Experience (MTE) specially in festival. It seems that the festival can significantly give more opportunity for the visitors to participate in MTE. Pine and Gilmore (1998) argued that participation enriches the visitors’ experience. Moreover, Barnes et al. (2016) suggested that long term remembered experiences have the strongest impact on revisit intentions. Therefore, the purpose of this paper is to analyze the role of participation in creating memorable tourism experience in Cap Go Meh festival and Linggarjati festival in order to create loyal visitor.Design/methodology/approach – The methodology started with instrument development. The items were developed by referring the works of Crompton and McKay’s (1997). They proposed six dimension of visitors’ motives to visit festival. Apart from that, we did some observation and interviews both practitioners and academicians to enrich the instrument. The refining process commenced with the pilot test to test of the items. This procedure was to ensure the validity and reliability of the questionnaire. Pilot test conducted on 30 marketing undergraduate students at Universitas Prasetiya Mulya, Indonesia. Then, authors conducted a review of the result. The word sequence was changed as a result of the input of the respondents on the pilot test of the initial questionnaire. The self-complete questionnaire was designed for both of Cap Go Meh and Linggarjati festival. Authors used a questionnaire instrument consisting of 42 questions on 5-point Likert-type scales of one to five range (1 = strongly disagree up to 5= strongly agree). Respondents were asked to rate their level of agreement/disagreement at that range. Data were gained by giving a questionnaire to festival visitor after the events.Conceptual development – Authors argue, from the previous studies, that there is still the gap towards the role of participation in memorable tourism experience remain. Authors proposed a conceptual framework that represents the relationships between motives, experience, memory vividness, and loyalty. To test the model, data were collected from direct surveys completed by 207 attendees of Cap Go Meh festival and 160 visitors of Linggarjati festival. This study employed Structural Equation Modelling (SEM) consist of analysing measurement model using Confirmatory Factor Analysis (CFA) and analysing structural model using regression analysis.Findings – Visitors have different motives to attend and take a part in festival. In Cap Go Meh festival, group socializationhas a positive effect on participation, which lead to immersion, then influences vivid memory and loyalty. While in Linggarjati festival, novelty has a positive effect on participation, which lead to immersion, then influences vivid memory and loyalty.Practical implications – Findings suggested that the importance of engagement toward visitor’s experience (","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129868727","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-06-18DOI: 10.14414/jebav.v22i1.879
D. Setyaningrum, Cris Kuntadi
Penelitian ini bertujuan untuk menguji pengaruh kompetensi, independensi, pekerjaan audit dan komunikasi terhadap efektivitas audit internal. Penelitian ini masih relevan mengingat belum optimumnya fungsi audit internal yang ditunjukkan dari masih banyak kasus korupsi khususnya pada Kementerian/Lembaga. Penelitian ini adalah penelitian kuantitatif dengan menggunakan kuesioner dengan responden auditor di Inspektorat Jenderal Kementerian Perhubungan, sebagai salah satu institusi dengan IACM level 3 (integrated) di Indonesia. Hasil penelitian membuktikan bahwa kompetensi, pekerjaan audit dan komunikasi berpengaruh positif terhadap efektivitas audit internal, sedangkan independensi tidak berpengaruh. Hal ini memberikan implikasi bahwa auditor harus dibekali dengan kompetensi teknis audit maupun kompetensi non-teknis terkait bidang yang diaudit. Pekerjaan audit mulai dari perencanaan, pelaksanaan hingga pasca audit harus selalu dijalankan sesuai standar audit yang berlaku. Komunikasi yang efektif antara auditor dan auditan juga harus ditingkatkan dalam bentuk lisan dan tulisan terkait penyampaian laporan hasil audit hingga monitoring tindak lanjut rekomendasi audit. Independensi dalam penelitian ini tidak mempengaruhi efektifitas audit internal, karena secara faktual auditor dituntut harus independen
{"title":"Pengaruh Kompetensi, Independensi, Pekerjaan Audit dan Komunikasi terhadap Efektivitas Audit Internal","authors":"D. Setyaningrum, Cris Kuntadi","doi":"10.14414/jebav.v22i1.879","DOIUrl":"https://doi.org/10.14414/jebav.v22i1.879","url":null,"abstract":"Penelitian ini bertujuan untuk menguji pengaruh kompetensi, independensi, pekerjaan audit dan komunikasi terhadap efektivitas audit internal. Penelitian ini masih relevan mengingat belum optimumnya fungsi audit internal yang ditunjukkan dari masih banyak kasus korupsi khususnya pada Kementerian/Lembaga. Penelitian ini adalah penelitian kuantitatif dengan menggunakan kuesioner dengan responden auditor di Inspektorat Jenderal Kementerian Perhubungan, sebagai salah satu institusi dengan IACM level 3 (integrated) di Indonesia. Hasil penelitian membuktikan bahwa kompetensi, pekerjaan audit dan komunikasi berpengaruh positif terhadap efektivitas audit internal, sedangkan independensi tidak berpengaruh. Hal ini memberikan implikasi bahwa auditor harus dibekali dengan kompetensi teknis audit maupun kompetensi non-teknis terkait bidang yang diaudit. Pekerjaan audit mulai dari perencanaan, pelaksanaan hingga pasca audit harus selalu dijalankan sesuai standar audit yang berlaku. Komunikasi yang efektif antara auditor dan auditan juga harus ditingkatkan dalam bentuk lisan dan tulisan terkait penyampaian laporan hasil audit hingga monitoring tindak lanjut rekomendasi audit. Independensi dalam penelitian ini tidak mempengaruhi efektifitas audit internal, karena secara faktual auditor dituntut harus independen","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"31 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115313329","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-06-18DOI: 10.14414/JEBAV.V22I1.1559
M. Mahmudi, S. Supriyadi
This paper examines the effects of obedience pressure on real earnings management. This study also investigates whether the association between obedience pressure and real earnings management is moderated by individual’s religiosity level. This study found that individuals under obedience pressure were more likely to perform real earnings management than control group. However, religiosity did not significantly mitigate the association between obedience pressure and real earnings management. There is no significant effect of individual’s religiosity level on real earnings management decision.
{"title":"The effects of religiosity on real earnings management decision under obedience pressure","authors":"M. Mahmudi, S. Supriyadi","doi":"10.14414/JEBAV.V22I1.1559","DOIUrl":"https://doi.org/10.14414/JEBAV.V22I1.1559","url":null,"abstract":"This paper examines the effects of obedience pressure on real earnings management. This study also investigates whether the association between obedience pressure and real earnings management is moderated by individual’s religiosity level. This study found that individuals under obedience pressure were more likely to perform real earnings management than control group. However, religiosity did not significantly mitigate the association between obedience pressure and real earnings management. There is no significant effect of individual’s religiosity level on real earnings management decision.","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123709302","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-06-18DOI: 10.14414/JEBAV.V22I1.1400
Melinda Lydia Nelwan, Billy Ivan Tansuria
This study revisits the effectiveness of the audit committee independence and expertise in preventing earnings management practices. Studies in other countries that have relatively stricter regulations showed the audit committee independence was effective to prevent earnings management. Arguably, the practice may be different in Indonesia whose regulation is considerably more lenient. On the other hand, studies related to audit committee expertise is rarely done in Indonesia. This study utilized two of the earnings management models namely the Modified Jones Model and the Performance-Adjusted Modified Jones Model. This study was limited to Indonesian listed manufacturing companies from 2009 to 2011. Consistent for both earnings management models, the results show that audit committee independence is effective to prevent earnings management. However, the results showed that audit committee expertise did not affect earnings management practices. Although only approximately 39 percent of the audit committee members in Indonesian listed manufacturing companies were independent, the existence of those independence members enabled the audit committee to effectively conduct its monitoring role, especially in preventing earnings management. Nevertheless, accounting and/or financial expertise might not determine the effectiveness of the audit committee’s monitoring role.
{"title":"Audit Committee Characteristics and Earnings Management Practices","authors":"Melinda Lydia Nelwan, Billy Ivan Tansuria","doi":"10.14414/JEBAV.V22I1.1400","DOIUrl":"https://doi.org/10.14414/JEBAV.V22I1.1400","url":null,"abstract":"This study revisits the effectiveness of the audit committee independence and expertise in preventing earnings management practices. Studies in other countries that have relatively stricter regulations showed the audit committee independence was effective to prevent earnings management. Arguably, the practice may be different in Indonesia whose regulation is considerably more lenient. On the other hand, studies related to audit committee expertise is rarely done in Indonesia. This study utilized two of the earnings management models namely the Modified Jones Model and the Performance-Adjusted Modified Jones Model. This study was limited to Indonesian listed manufacturing companies from 2009 to 2011. Consistent for both earnings management models, the results show that audit committee independence is effective to prevent earnings management. However, the results showed that audit committee expertise did not affect earnings management practices. Although only approximately 39 percent of the audit committee members in Indonesian listed manufacturing companies were independent, the existence of those independence members enabled the audit committee to effectively conduct its monitoring role, especially in preventing earnings management. Nevertheless, accounting and/or financial expertise might not determine the effectiveness of the audit committee’s monitoring role.","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125143608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-06-18DOI: 10.14414/JEBAV.V22I1.1215
V. Nurlita, P. Naomi
This study has the purpose to examine the influence of political events on the volatility of stocks traded on the Indonesia Stock Exchange (IDX). Furthermore, this study also sees whether such political events also influence the shares that have direct links with the participants in presidential elections. The political event that was examined was the Indonesian Presidential Election held in 2014. We use the daily data on the shares of all companies listed on the Indonesia Stock Exchange (IDX) in 2014. Analysis and hypothesis testing were performed using the GARCH (Generalized Auto Regressive Conditional Heteroscedasticity) estimation and its derivatives namely EGARCH (Exponential GARCH) and TARCH (Threshold GARCH). This study findings that the 2014 Presidential Election asymmetrically affected stock return volatility on IDX and contrary to the leverage effect, which means that positive shocks (good news) have better influence than negative shocks (bad news). Out of all listed companies that have direct links with participants in the presidential election, 3 companies have their stock volatility affected by this Presidential Election; some with symmetric effect and some others with asymmetric effect.
{"title":"Do Political Events Affect Stock Return Volatility On Indonesian Stock Exchange","authors":"V. Nurlita, P. Naomi","doi":"10.14414/JEBAV.V22I1.1215","DOIUrl":"https://doi.org/10.14414/JEBAV.V22I1.1215","url":null,"abstract":"This study has the purpose to examine the influence of political events on the volatility of stocks traded on the Indonesia Stock Exchange (IDX). Furthermore, this study also sees whether such political events also influence the shares that have direct links with the participants in presidential elections. The political event that was examined was the Indonesian Presidential Election held in 2014. We use the daily data on the shares of all companies listed on the Indonesia Stock Exchange (IDX) in 2014. Analysis and hypothesis testing were performed using the GARCH (Generalized Auto Regressive Conditional Heteroscedasticity) estimation and its derivatives namely EGARCH (Exponential GARCH) and TARCH (Threshold GARCH). This study findings that the 2014 Presidential Election asymmetrically affected stock return volatility on IDX and contrary to the leverage effect, which means that positive shocks (good news) have better influence than negative shocks (bad news). Out of all listed companies that have direct links with participants in the presidential election, 3 companies have their stock volatility affected by this Presidential Election; some with symmetric effect and some others with asymmetric effect.","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121503107","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-06-12DOI: 10.14414/JEBAV.V22I1.1575
Wasiaturrahma Wasiaturrahma, Yuli Wahyuningtyas, S. Ajija
The study analyses the impact of non-cash payment on demand for real money in Indonesia from 2010 to 2015. Utilizing the Error Correction Model (ECM), the results reveal that the use of both debit and credit card influence the demand for real money in the long term. Moreover, debit card also significantly affects the demand for real money in the short term, while the use of credit card does not have the implication.
{"title":"Non Cash Payment and Demand for Real Money in Indonesia","authors":"Wasiaturrahma Wasiaturrahma, Yuli Wahyuningtyas, S. Ajija","doi":"10.14414/JEBAV.V22I1.1575","DOIUrl":"https://doi.org/10.14414/JEBAV.V22I1.1575","url":null,"abstract":"The study analyses the impact of non-cash payment on demand for real money in Indonesia from 2010 to 2015. Utilizing the Error Correction Model (ECM), the results reveal that the use of both debit and credit card influence the demand for real money in the long term. Moreover, debit card also significantly affects the demand for real money in the short term, while the use of credit card does not have the implication.","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"71 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128365359","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-06-12DOI: 10.14414/jebav.v22i1.1252
Praptini Yulianti, Cecilia Margaretha
Human Resource Management should be concerned with the paradox of the employability. Employee development will have a consequent risk of increased employee turnover intentions in the absence of an optimal employee retention program. The objectives of this study tested the paradox employability and tested the effect of employee development on turn over intentions with perceived internal and external employability mediation. Job autonomy as moderator perceived internal relationships and external employability with turnover intentions. This study is a quantitative study by distributing questionnaires to 108 employees of beauty services companies in Surabaya. The result of this study is that employee development has no direct effect on turnover intent, perceived internal and external employability fully mediates employee development relations with turn over intentions. Job autonomy reinforces the perceived internal employability relationship with turnover intent and job autonomy weakens the perceived external employability relationship with the turnover intention.
{"title":"Paradoks: Pengembangan Karyawan dan Intensi Turnover","authors":"Praptini Yulianti, Cecilia Margaretha","doi":"10.14414/jebav.v22i1.1252","DOIUrl":"https://doi.org/10.14414/jebav.v22i1.1252","url":null,"abstract":"Human Resource Management should be concerned with the paradox of the employability. Employee development will have a consequent risk of increased employee turnover intentions in the absence of an optimal employee retention program. The objectives of this study tested the paradox employability and tested the effect of employee development on turn over intentions with perceived internal and external employability mediation. Job autonomy as moderator perceived internal relationships and external employability with turnover intentions. This study is a quantitative study by distributing questionnaires to 108 employees of beauty services companies in Surabaya. The result of this study is that employee development has no direct effect on turnover intent, perceived internal and external employability fully mediates employee development relations with turn over intentions. Job autonomy reinforces the perceived internal employability relationship with turnover intent and job autonomy weakens the perceived external employability relationship with the turnover intention.","PeriodicalId":101840,"journal":{"name":"Journal of Economics, Business & Accountancy Ventura","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115522900","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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