Pub Date : 2021-04-22DOI: 10.36346/sarjbm.2021.v03i02.002
Dr. Vincent Lam Hing-Po, Ms Charlotte Lo
Hong Kong is ranked as the most expensive housing market in the world and there has been a great outward property investment from Hong Kong to the UK which recently extended Zero Stamp Duties for First time home buyer until June 2021 and Zhuhai which is a city of Great Bay Area which offers free time buyer purchase quota for Hong Kong resident.
{"title":"Companion of Property for Rental Investment between London, Hong Kong and Zhuhai: Perspective from Hong Kong Investor","authors":" Dr. Vincent Lam Hing-Po, Ms Charlotte Lo","doi":"10.36346/sarjbm.2021.v03i02.002","DOIUrl":"https://doi.org/10.36346/sarjbm.2021.v03i02.002","url":null,"abstract":"Hong Kong is ranked as the most expensive housing market in the world and there has been a great outward property investment from Hong Kong to the UK which recently extended Zero Stamp Duties for First time home buyer until June 2021 and Zhuhai which is a city of Great Bay Area which offers free time buyer purchase quota for Hong Kong resident.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"123 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133663220","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 : 2021-03-05DOI: 10.36346/sarjbm.2021.v03i02.001
. ., Ayodele Damilola, A. ., Kareem O
This study examined the effect of financial liberalization on interest rate behaviour in Nigeria from 1987 through 2018. The study made use of secondary data collected from various editions of the Central Bank of Nigeria’s Statistical Bulletin covering the period under this study. Analysis of the collected data was carried out using Vector Autoregressive (VAR) Model which is an unrestricted VAR designed to be used with non-stationary data series that are found not to be cointegrated. The Augmented Dickney-Fuller test revealed that all the research variables were stationary at order one while the Johansen cointegration test revealed no cointegration relations among the variables. furthermore, while the proxies of financial liberalization such market capitalization and banking sector spread significantly but negatively influenced the behaviour of interest rate and by extension, Nigerian economic growth, deposit interest rate against the a priori expectation, showed a weak and negative relationship with lending interest. Degree of trade openness however, aligns with a priori expectation as it showed a positive but weak relationship with lending interest rate. The causality test revealed that financial liberalization has strong causality effect on the behaviour of interest rate. Based on these findings, this study concluded that financial liberalization was a strong determinant of lending interest rate behavior and has a strong causality effect on lending interest rate. Arising from this conclusion, it was recommended that government should continue to formulate economic policy that will structurally support full deregulation of the financial sector, especially, the foreign exchange market that still witnesses intermittent interventions by the regulatory authorities.
{"title":"Financial Liberalization and Interest Rate Behaviour: The Nigerian Experience","authors":" . ., Ayodele Damilola, A. ., Kareem O","doi":"10.36346/sarjbm.2021.v03i02.001","DOIUrl":"https://doi.org/10.36346/sarjbm.2021.v03i02.001","url":null,"abstract":"This study examined the effect of financial liberalization on interest rate behaviour in Nigeria from 1987 through 2018. The study made use of secondary data collected from various editions of the Central Bank of Nigeria’s Statistical Bulletin covering the period under this study. Analysis of the collected data was carried out using Vector Autoregressive (VAR) Model which is an unrestricted VAR designed to be used with non-stationary data series that are found not to be cointegrated. The Augmented Dickney-Fuller test revealed that all the research variables were stationary at order one while the Johansen cointegration test revealed no cointegration relations among the variables. furthermore, while the proxies of financial liberalization such market capitalization and banking sector spread significantly but negatively influenced the behaviour of interest rate and by extension, Nigerian economic growth, deposit interest rate against the a priori expectation, showed a weak and negative relationship with lending interest. Degree of trade openness however, aligns with a priori expectation as it showed a positive but weak relationship with lending interest rate. The causality test revealed that financial liberalization has strong causality effect on the behaviour of interest rate. Based on these findings, this study concluded that financial liberalization was a strong determinant of lending interest rate behavior and has a strong causality effect on lending interest rate. Arising from this conclusion, it was recommended that government should continue to formulate economic policy that will structurally support full deregulation of the financial sector, especially, the foreign exchange market that still witnesses intermittent interventions by the regulatory authorities.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132556971","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 : 2020-12-20DOI: 10.36346/SARJBM.2020.V02I06.001
A. Utama, Dito Novananta
: This study aims to analyze and evaluate the payroll accounting information system at the East Java Regional Development Bank. This study uses a descriptive qualitative approach—data obtained using observation and direct interviews. This study's analysis unit is internal control on the payroll stem, including organizational structure, authority stem, and recording procedures, healthy work practices, and qualified employees. The results of this elaboration indicate that the accounting information system carried out by the East Java BPD (Bank Pembangunan Daerah East Java/Jatim) is sufficient, with all internal controls being fulfilled. This research aims to improve the quality of accounting information systems in East Java BPD's payroll division in an integrated manner. Proposals that can be given are about increasing employee discipline, authorization, and responsibilities and recording official travel transactions. The contribution of this research is to provide recommendations for policymakers to improve the company's internal control. This research's added value lies in evaluating information systems that can be applied to divisions or other parts of the company.
{"title":"Evaluation of Sales Accounting Information Systems Pt Bank Jatim Tbk","authors":"A. Utama, Dito Novananta","doi":"10.36346/SARJBM.2020.V02I06.001","DOIUrl":"https://doi.org/10.36346/SARJBM.2020.V02I06.001","url":null,"abstract":": This study aims to analyze and evaluate the payroll accounting information system at the East Java Regional Development Bank. This study uses a descriptive qualitative approach—data obtained using observation and direct interviews. This study's analysis unit is internal control on the payroll stem, including organizational structure, authority stem, and recording procedures, healthy work practices, and qualified employees. The results of this elaboration indicate that the accounting information system carried out by the East Java BPD (Bank Pembangunan Daerah East Java/Jatim) is sufficient, with all internal controls being fulfilled. This research aims to improve the quality of accounting information systems in East Java BPD's payroll division in an integrated manner. Proposals that can be given are about increasing employee discipline, authorization, and responsibilities and recording official travel transactions. The contribution of this research is to provide recommendations for policymakers to improve the company's internal control. This research's added value lies in evaluating information systems that can be applied to divisions or other parts of the company.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"91 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134189662","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 : 2020-06-17DOI: 10.36346/sarjbm.2020.v02i03.004
Benjamin Akwei
: After over two decades of the revision of the Economic Community of West African States (ECOWAS) treaty, which stipulated a common market, including a common external market, the Head of States of the Community as part of fast-tracking their regional integration process and laying the grounds for the establishment of an effective Customs Union decided to implement the ECOWAS common external tariff (CET) in early January of 2015. The CET, which requires the adoption of the same customs duties application to all goods entering ECOWAS Member States, regardless of which country within the area they are entering also requires careful preparation and communication by member ministries. The adoption of the CET according to trade experts will also prompt reaction from firms and producers, as external competition from imports will change. Despite the myriad of challenges facing the Community and its consciousness of the overriding need to accelerate, foster and encourage the economic and social development of their states in order to improve the living standards of their peoples, the question that needs to be addressed is ―What has contributed to the lagging behind of the implementation of the Community‘s ambitious regional integration policies and targets compared to the European Union process-oriented integration theory given that a common trade policy does not only define the trade relations with the third-parties but also with the member States within the internal market?.
{"title":"The Dilemma of the Process-Oriented and Spillover Effects of Regional Economic Integration of West Africa: ECOWAS Intra-regional Trade and Trade with Key External Trading Partners","authors":"Benjamin Akwei","doi":"10.36346/sarjbm.2020.v02i03.004","DOIUrl":"https://doi.org/10.36346/sarjbm.2020.v02i03.004","url":null,"abstract":": After over two decades of the revision of the Economic Community of West African States (ECOWAS) treaty, which stipulated a common market, including a common external market, the Head of States of the Community as part of fast-tracking their regional integration process and laying the grounds for the establishment of an effective Customs Union decided to implement the ECOWAS common external tariff (CET) in early January of 2015. The CET, which requires the adoption of the same customs duties application to all goods entering ECOWAS Member States, regardless of which country within the area they are entering also requires careful preparation and communication by member ministries. The adoption of the CET according to trade experts will also prompt reaction from firms and producers, as external competition from imports will change. Despite the myriad of challenges facing the Community and its consciousness of the overriding need to accelerate, foster and encourage the economic and social development of their states in order to improve the living standards of their peoples, the question that needs to be addressed is ―What has contributed to the lagging behind of the implementation of the Community‘s ambitious regional integration policies and targets compared to the European Union process-oriented integration theory given that a common trade policy does not only define the trade relations with the third-parties but also with the member States within the internal market?.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"71 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121517152","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 : 2020-05-16DOI: 10.36346/sarjbm.2020.v02i03.001
Rieke Pernamasari, G. Fitria, N. Ahmad
This study aims to examine the effect of the CG Scorecard on Earnings Management with company characteristics as an intervening variable. The population and sample are public companies in Indonesia and Malaysia listed on the Asean Star Index, 2016-2018. CG Scorecard is measured using the ASEAN Score Card, earnings management is measured based on the accrual of working capital to sales while intervening variables are measured using company characteristics through leverage. The analysis model is the Structural Equation Modeling Partial Least Square (SEM PLS). The results showed that the direct relationship between GCG variables with earnings management is smaller than the relationship between GCG and earnings management through leverage variables. These results conclude that although in the short term investors do not really value the leverage rate as an investment indicator, if high debt comes from capital and continues to increase, it can be used as a signal for principals because it can be indicated earnings management actions occur. Therefore good corporate governance is one factor that can reduce agency conflict, thereby minimizing earnings management actions.
{"title":"The Impact of The CG Scorecard on Earning Management with Firm’s Characteristics as a Variable Intervening","authors":"Rieke Pernamasari, G. Fitria, N. Ahmad","doi":"10.36346/sarjbm.2020.v02i03.001","DOIUrl":"https://doi.org/10.36346/sarjbm.2020.v02i03.001","url":null,"abstract":"This study aims to examine the effect of the CG Scorecard on Earnings Management with company characteristics as an intervening variable. The population and sample are public companies in Indonesia and Malaysia listed on the Asean Star Index, 2016-2018. CG Scorecard is measured using the ASEAN Score Card, earnings management is measured based on the accrual of working capital to sales while intervening variables are measured using company characteristics through leverage. The analysis model is the Structural Equation Modeling Partial Least Square (SEM PLS). The results showed that the direct relationship between GCG variables with earnings management is smaller than the relationship between GCG and earnings management through leverage variables. These results conclude that although in the short term investors do not really value the leverage rate as an investment indicator, if high debt comes from capital and continues to increase, it can be used as a signal for principals because it can be indicated earnings management actions occur. Therefore good corporate governance is one factor that can reduce agency conflict, thereby minimizing earnings management actions.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127190208","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 : 2019-11-10DOI: 10.36346/sarjbm.2019.v01i03.008
Siti Nurbaity
This study aims at answering the questions on how the readiness of civil servant is in facing of the Industrial Revolution 4.0 and what the government‟s efforts to improve the quality of civil servants in order to run EService delivery in the Industrial Era 4.0.This study employed a case study approach of a qualitative research design. The participants for in depth interview consists of 15 people namely civil servants from 3 government institutions in Jakarta to gain information about the implementation of EService delivery and the barriers that they faced, Human Resources Managers to dig deeper their perspectives on the readiness of the institutions and civil servants to face the IR 4.0. Finally, the interviews were also conducted to IT specialists of 3 institutions to gain information on their perspectives towards the digital competencies of the civil servants. The research proves that the government institutions in Jakarta still found barriers in implementing the E-Service delivery, even though Indonesia has established a regulation since 2003. The obstacles were caused by the limited knowledge and skills on technology of the staff which was not followed by effective training management and supervision. For further study, the researcher recommends to conduct E-Service delivery policy research which is analyzed from different approach.
{"title":"The Importance of Improving the Quality of Civil Servants to Implement E-Government Service Delivery in Industrial Era 4.0: A Case Study Approach of Government Institutions in Jakarta","authors":"Siti Nurbaity","doi":"10.36346/sarjbm.2019.v01i03.008","DOIUrl":"https://doi.org/10.36346/sarjbm.2019.v01i03.008","url":null,"abstract":"This study aims at answering the questions on how the readiness of civil servant is in facing of the Industrial Revolution 4.0 and what the government‟s efforts to improve the quality of civil servants in order to run EService delivery in the Industrial Era 4.0.This study employed a case study approach of a qualitative research design. The participants for in depth interview consists of 15 people namely civil servants from 3 government institutions in Jakarta to gain information about the implementation of EService delivery and the barriers that they faced, Human Resources Managers to dig deeper their perspectives on the readiness of the institutions and civil servants to face the IR 4.0. Finally, the interviews were also conducted to IT specialists of 3 institutions to gain information on their perspectives towards the digital competencies of the civil servants. The research proves that the government institutions in Jakarta still found barriers in implementing the E-Service delivery, even though Indonesia has established a regulation since 2003. The obstacles were caused by the limited knowledge and skills on technology of the staff which was not followed by effective training management and supervision. For further study, the researcher recommends to conduct E-Service delivery policy research which is analyzed from different approach.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126358681","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 : 2019-11-10DOI: 10.36346/sarjbm.2019.v01i03.002
A. Mishra, Bishal Sharestha
Cement is the major construction material used in the civil engineering works due to which its demand is very significant, while it becomes a tough task to select a proper cement brand. The study is focused to assess factors influencing selection of cement brand. The study is conducted at Madhyapur Thimi Municipality among different level of consumer i.e house owner, supplier, contractor/mason and consultant/engineer. Out of 871 permitted under construction building of fiscal year 2016/17, 89 end consumers and 30 suppliers were selected for quesionniare survey. Key informat interview was conducted for in depth information while focus group discusiion were done to assess the determinance of consumer behaviour and brand. Hypothesis test were done to find the significance of advertisement, consultant/engineer, mason/contractor, friends/relatives and supplier/retailer. The study reveals that 70%, 26.67% and 3.33% of total consumers considered quality, brand image and years of establishment respectively as the main factor while selecting cement brands. Hetauda, Udayapur, Shivam, Maruti and Argakhanchi cement was found to be consumed by 50%, 23.34%, 20%, 3.33% and 3.33% respectively. Based on Hypothesis test, consultant and friend/relatives have a significant role in the purchasing decision of cement.
{"title":"Assessment of Consumer Influencing Factor in Decision Making for Selecting Cement Brands","authors":"A. Mishra, Bishal Sharestha","doi":"10.36346/sarjbm.2019.v01i03.002","DOIUrl":"https://doi.org/10.36346/sarjbm.2019.v01i03.002","url":null,"abstract":"Cement is the major construction material used in the civil engineering works due to which its demand is very significant, while it becomes a tough task to select a proper cement brand. The study is focused to assess factors influencing selection of cement brand. The study is conducted at Madhyapur Thimi Municipality among different level of consumer i.e house owner, supplier, contractor/mason and consultant/engineer. Out of 871 permitted under construction building of fiscal year 2016/17, 89 end consumers and 30 suppliers were selected for quesionniare survey. Key informat interview was conducted for in depth information while focus group discusiion were done to assess the determinance of consumer behaviour and brand. Hypothesis test were done to find the significance of advertisement, consultant/engineer, mason/contractor, friends/relatives and supplier/retailer. The study reveals that 70%, 26.67% and 3.33% of total consumers considered quality, brand image and years of establishment respectively as the main factor while selecting cement brands. Hetauda, Udayapur, Shivam, Maruti and Argakhanchi cement was found to be consumed by 50%, 23.34%, 20%, 3.33% and 3.33% respectively. Based on Hypothesis test, consultant and friend/relatives have a significant role in the purchasing decision of cement.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131283615","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 : 2019-11-10DOI: 10.36346/sarjbm.2019.v01i03.003
Andi Eko Prasetyo, Abdul Rivai, Iwan Kurniawan Subagja
This study aimed to analyze the influence of the quality of human resources and compensation to organizational performance through motivation. The study was conducted at Gatot Subroto Army Hospital with a number of samples are 133 people in the area of the organization. Sampling using a saturated sample. Analysis of data using path analysis. The results showed that the quality of human resources and compensation to organizational performance through motivation positive and significant impact.
{"title":"Influence Hr Quality and Compensation to Performance Organization Through Motivation: A Case Study in Gatot Subroto Army Hospital","authors":"Andi Eko Prasetyo, Abdul Rivai, Iwan Kurniawan Subagja","doi":"10.36346/sarjbm.2019.v01i03.003","DOIUrl":"https://doi.org/10.36346/sarjbm.2019.v01i03.003","url":null,"abstract":"This study aimed to analyze the influence of the quality of human resources and compensation to organizational performance through motivation. The study was conducted at Gatot Subroto Army Hospital with a number of samples are 133 people in the area of the organization. Sampling using a saturated sample. Analysis of data using path analysis. The results showed that the quality of human resources and compensation to organizational performance through motivation positive and significant impact.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116687302","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 : 2019-11-10DOI: 10.36346/sarjbm.2019.v01i03.011
Xiaohua Chen
The financial situation of China’s basic endowment insurance fund has begun to deteriorate, and its deterioration trend will accelerate with the deepening of the aging population, so it is urgent to carry out a study on the early warning of the payment risk of this endowment insurance fund. This paper discusses the classification accuracies of C4.5 algorithm, Naive Bayesian algorithm and BP neural network in the warning of basic endowment insurance fund payment risk. It is found that C4.5 algorithm has the best classification effect, with an accuracy of 71.43%; BP neural network takes the second place, with an accuracy of 61.90%; Naive Bayesian algorithm has a poor effect, with an accuracy of 52.38%.
{"title":"Application of Several Classical Sorting Algorithms in Early Warning of Payment Risk of Basic Endowment Insurance Fund in China","authors":"Xiaohua Chen","doi":"10.36346/sarjbm.2019.v01i03.011","DOIUrl":"https://doi.org/10.36346/sarjbm.2019.v01i03.011","url":null,"abstract":"The financial situation of China’s basic endowment insurance fund has begun to deteriorate, and its deterioration trend will accelerate with the deepening of the aging population, so it is urgent to carry out a study on the early warning of the payment risk of this endowment insurance fund. This paper discusses the classification accuracies of C4.5 algorithm, Naive Bayesian algorithm and BP neural network in the warning of basic endowment insurance fund payment risk. It is found that C4.5 algorithm has the best classification effect, with an accuracy of 71.43%; BP neural network takes the second place, with an accuracy of 61.90%; Naive Bayesian algorithm has a poor effect, with an accuracy of 52.38%.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133426199","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 : 2019-11-10DOI: 10.36346/sarjbm.2019.v01i03.007
K. Sh
This study employed a phenomenological approach of a qualitative research design. For this study, the researcher interviewed Human Resources Department leaders in national private companies in Jakarta and foreign companies or international bodies to gain information about the quality of university graduates in Indonesia.The researcher also interviewed chancellors of private tertiary institutions to gather information about what efforts the university is making in order to prepare qualified scholars to fit the demands of IR 4.0. In order to make this research more objective, the researcher also interviewed students from private tertiary institutions to explore information about their experiences in attending university and whether there were special courses or programs given by the university in order to improve student competency. The research proved that higher education instituition plays a significant role in improving the quality of the university graduates in facing the Industrial Revolution 4.0. Further analysis indicated that there was a gap between higher education outcomes and the demands of competence in the world of work. There are still universities which haven’t implemented the program even though the curriculum has been modified and up to the present time, most of universities are still prioritizing hard skills compared to the students’ soft skill. This study provides insights on the importance of higher institutions institutions to improve the quality of the graduates to face the Industrial Revolution 4.0, discusses the advantages and disadvantages of having and not having soft skills competencies in the global era and offers recommendations for future research.
{"title":"The Role of Higher Education Institutions in Improving the Quality of the Graduates: Universities towards Industrial Revolution 4.0","authors":"K. Sh","doi":"10.36346/sarjbm.2019.v01i03.007","DOIUrl":"https://doi.org/10.36346/sarjbm.2019.v01i03.007","url":null,"abstract":"This study employed a phenomenological approach of a qualitative research design. For this study, the researcher interviewed Human Resources Department leaders in national private companies in Jakarta and foreign companies or international bodies to gain information about the quality of university graduates in Indonesia.The researcher also interviewed chancellors of private tertiary institutions to gather information about what efforts the university is making in order to prepare qualified scholars to fit the demands of IR 4.0. In order to make this research more objective, the researcher also interviewed students from private tertiary institutions to explore information about their experiences in attending university and whether there were special courses or programs given by the university in order to improve student competency. The research proved that higher education instituition plays a significant role in improving the quality of the university graduates in facing the Industrial Revolution 4.0. Further analysis indicated that there was a gap between higher education outcomes and the demands of competence in the world of work. There are still universities which haven’t implemented the program even though the curriculum has been modified and up to the present time, most of universities are still prioritizing hard skills compared to the students’ soft skill. This study provides insights on the importance of higher institutions institutions to improve the quality of the graduates to face the Industrial Revolution 4.0, discusses the advantages and disadvantages of having and not having soft skills competencies in the global era and offers recommendations for future research.","PeriodicalId":272088,"journal":{"name":"South Asian Research Journal of Business and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129032896","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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