Pub Date : 2022-08-23DOI: 10.33021/ijfbp.v5i1.3699
J. G. Sinaga, H. Djajadikerta, Amelia Setiawan
This study aims to explain the factors affecting corporate governance and its implication on accounting information quality. Globally, there are many companies that collapsed due to misleading accounting information. Companies declares financial statements as free from errors or misstatements wherein fact it misleads financial statements users. There were 36 firm year observation being analyzed using PLS-SEM to process the available data. The results showed that audit committee and board of directors have significant effect on good corporate governance, while institutional ownership has no significant effect on good corporate governance. On the other hand, corporate governance has significant effect on accounting information quality. This is an indication that the quality of accounting information depends on the practice of good corporate governance. Strict compliance of rules and regulations lead to better governance of publicly listed companies. The originality of this research is that this is the first ever study that had focused on the awardees for mostly trusted, trusted, and fairly trusted companies listed in Indonesia Stock Exchange.
{"title":"Factors Affecting Corporate Governance and Its Implication on Accounting Information Quality: Indonesia Trusted Company Awardees","authors":"J. G. Sinaga, H. Djajadikerta, Amelia Setiawan","doi":"10.33021/ijfbp.v5i1.3699","DOIUrl":"https://doi.org/10.33021/ijfbp.v5i1.3699","url":null,"abstract":"This study aims to explain the factors affecting corporate governance and its implication on accounting information quality. Globally, there are many companies that collapsed due to misleading accounting information. Companies declares financial statements as free from errors or misstatements wherein fact it misleads financial statements users. There were 36 firm year observation being analyzed using PLS-SEM to process the available data. The results showed that audit committee and board of directors have significant effect on good corporate governance, while institutional ownership has no significant effect on good corporate governance. On the other hand, corporate governance has significant effect on accounting information quality. This is an indication that the quality of accounting information depends on the practice of good corporate governance. Strict compliance of rules and regulations lead to better governance of publicly listed companies. The originality of this research is that this is the first ever study that had focused on the awardees for mostly trusted, trusted, and fairly trusted companies listed in Indonesia Stock Exchange. ","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129621828","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 : 2022-08-23DOI: 10.33021/ijfbp.v5i1.3367
Siwar Youssef
This research aims to investigate factors influencing firm performance. Two interesting factors have been identified, namely entrepreneurial orientation and narcissism. To the best of the author’s knowledge, this is the first research to investigate narcissism in the context of firm performance in Tunisia. This quantitative research involved 89 start-ups in Tunisia, each start-up was represented by either one junior or middle manager through non-probability sampling method. This research employed Structural Equation Modelling (SEM). The data was analysed using SPSS AMOS. The results reveal that 1) entrepreneurial orientation has a positive effect on narcissism 2) entrepreneurial orientation has a positive effect on firm performance and 3) narcissism has a positive effect on performance and 4) narcissism partially mediates the relationship between entrepreneurial orientation and firm performance.
{"title":"Narcissism as a Mediator of the Relationship between Entrepreneurial Orientation and Firm Performance","authors":"Siwar Youssef","doi":"10.33021/ijfbp.v5i1.3367","DOIUrl":"https://doi.org/10.33021/ijfbp.v5i1.3367","url":null,"abstract":"This research aims to investigate factors influencing firm performance. Two interesting factors have been identified, namely entrepreneurial orientation and narcissism. To the best of the author’s knowledge, this is the first research to investigate narcissism in the context of firm performance in Tunisia. This quantitative research involved 89 start-ups in Tunisia, each start-up was represented by either one junior or middle manager through non-probability sampling method. This research employed Structural Equation Modelling (SEM). The data was analysed using SPSS AMOS. The results reveal that 1) entrepreneurial orientation has a positive effect on narcissism 2) entrepreneurial orientation has a positive effect on firm performance and 3) narcissism has a positive effect on performance and 4) narcissism partially mediates the relationship between entrepreneurial orientation and firm performance.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128225282","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 : 2022-08-23DOI: 10.33021/ijfbp.v5i1.3660
Imam Nurhidayat, M. J. Arquisola
Business rapid development with technology advancement urges enterprises to create a sustainable competitive advantage. Being a Learning Organization (LO) becomes favorable, yet cultural backgrounds and the need to adapt with open innovation urge an adapted LO 2.0. This paper aims to study the application in Indonesia’s industrial context, the underlying factors, and obstacles in a manufacturing plant at PT MMI. The preliminary study interview involved four strategic managers, followed by an empirical study surveying the 130 employees using the adapted Learning Organization Questionnaire (LOQ). The analysis used descriptive statistics and a Confirmatory Factor Analysis (CFA). Its findings suggest that PT MMI successfully enhances the practice of LO 2.0 on its contextualized adapted approach such as an innovative environment, effective information sharing, enhancing employee empowerment, supporting employees’ self-development/ mastery, and becoming a facilitative leader with a multi-stakeholder approach. Nevertheless, some factors with marginal mean scores on each dimension risk destabilizing the long-term learning practice in PT MMI, which the leaders should consider improving and strengthening.
{"title":"LEARNING ORGANIZATION 2.0: AN EMPIRICAL STUDY OF CONTEXTUAL ADAPTATION IN PT MMI PURWAKARTA","authors":"Imam Nurhidayat, M. J. Arquisola","doi":"10.33021/ijfbp.v5i1.3660","DOIUrl":"https://doi.org/10.33021/ijfbp.v5i1.3660","url":null,"abstract":"Business rapid development with technology advancement urges enterprises to create a sustainable competitive advantage. Being a Learning Organization (LO) becomes favorable, yet cultural backgrounds and the need to adapt with open innovation urge an adapted LO 2.0. This paper aims to study the application in Indonesia’s industrial context, the underlying factors, and obstacles in a manufacturing plant at PT MMI. The preliminary study interview involved four strategic managers, followed by an empirical study surveying the 130 employees using the adapted Learning Organization Questionnaire (LOQ). The analysis used descriptive statistics and a Confirmatory Factor Analysis (CFA). Its findings suggest that PT MMI successfully enhances the practice of LO 2.0 on its contextualized adapted approach such as an innovative environment, effective information sharing, enhancing employee empowerment, supporting employees’ self-development/ mastery, and becoming a facilitative leader with a multi-stakeholder approach. Nevertheless, some factors with marginal mean scores on each dimension risk destabilizing the long-term learning practice in PT MMI, which the leaders should consider improving and strengthening.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124587350","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 : 2022-08-23DOI: 10.33021/ijfbp.v5i1.3460
Afifah Afifah, R. K. Dewi, Willson Gustiawan
There are numerous small-scale homestay businesses in the Lima Puluh Kota Regency along with the development of tourist destinations in this region. Several studies have found that small-scale businesses could grow in terms of competition and performance if they have market and technology orientation. This article aims to investigate whether the homestay business in Lima Puluh Kota Regency is market and technology-oriented. This study utilized descriptive analysis research design. The investigation was conducted using questionnaire and interviews on consumer orientation, competitor orientation, technology policy, and position and adoption, which were randomly distributed to 55 homestay business owners as the sample. The questionnaires adopted the scales of Harerro (2018) and Al Ansari et al. (2013), with sound psycometric characteristics. SPSS v26 was used to process the data. This study found that the owners or managers of the homestay in Lima Puluh Kota Regency have been pretty good market-oriented, and nevertheless in few numbers, among them have a technology orientation. These findings are believed contribute to tourism and family business literature especially in homestay business.
随着该地区旅游目的地的发展，利马Puluh Kota摄政有许多小规模的民宿企业。几项研究发现，如果小型企业以市场和技术为导向，它们可以在竞争和绩效方面成长。本文旨在调查利马Puluh Kota Regency的民宿业务是否以市场和技术为导向。本研究采用描述性分析研究设计。调查采用问卷调查和访谈法，从消费者导向、竞争对手导向、技术政策、定位与采用四个方面进行，随机抽取55家民宿经营者作为样本。问卷采用Harerro(2018)和Al Ansari et Al .(2013)的量表，具有良好的心理特征。采用SPSS v26软件对数据进行处理。本研究发现，Lima Puluh Kota Regency的民宿业主或管理者的市场化程度相当好，但其中有技术导向的人数较少。这些发现被认为有助于旅游业和家族企业的文献，特别是在民宿业务。
{"title":"Strategic Orientation of Homestay in Lima Puluh Kota Regency: Market and Technology Perspective","authors":"Afifah Afifah, R. K. Dewi, Willson Gustiawan","doi":"10.33021/ijfbp.v5i1.3460","DOIUrl":"https://doi.org/10.33021/ijfbp.v5i1.3460","url":null,"abstract":"There are numerous small-scale homestay businesses in the Lima Puluh Kota Regency along with the development of tourist destinations in this region. Several studies have found that small-scale businesses could grow in terms of competition and performance if they have market and technology orientation. This article aims to investigate whether the homestay business in Lima Puluh Kota Regency is market and technology-oriented. This study utilized descriptive analysis research design. The investigation was conducted using questionnaire and interviews on consumer orientation, competitor orientation, technology policy, and position and adoption, which were randomly distributed to 55 homestay business owners as the sample. The questionnaires adopted the scales of Harerro (2018) and Al Ansari et al. (2013), with sound psycometric characteristics. SPSS v26 was used to process the data. This study found that the owners or managers of the homestay in Lima Puluh Kota Regency have been pretty good market-oriented, and nevertheless in few numbers, among them have a technology orientation. These findings are believed contribute to tourism and family business literature especially in homestay business.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129939040","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 : 2022-08-23DOI: 10.33021/ijfbp.v5i1.1408
I. Junaedi, I. W. Damayana, Dermawan Waruwu, Suresh Kumar
This study aims at finding the role of Credit Union (CU) Betang Asi, a financial institution under the OJK, in developing the family businesses in Palangkaraya, Central Kalimantan. The study method used was a qualitative study method, by conducting observations, interviews with owners and managers of family businesses, and documentation. The findings are that CU has contributed a lot to the welfare of family businesses in Palangkara, Central Kalimantan. The family businesses have developed to the maximum so that the sales turnover is quite attractive. Further, CU considers the Character, Capacity, Capital, Condition, and Collateral characteristics as the most important aspect of lending money to family businesses. They also provide training and assistance to be able to improve the business of management and marketing management and the use of technology. Hence, they can increase sales of the business and inspire the community to become entrepreneurs to improve the welfare of the business.
{"title":"THE ROLE OF CREDIT UNION BETANG ASI FOR FAMILY BUSINESSES IN PALANGKARAYA, CENTRAL KALIMANTAN","authors":"I. Junaedi, I. W. Damayana, Dermawan Waruwu, Suresh Kumar","doi":"10.33021/ijfbp.v5i1.1408","DOIUrl":"https://doi.org/10.33021/ijfbp.v5i1.1408","url":null,"abstract":"This study aims at finding the role of Credit Union (CU) Betang Asi, a financial institution under the OJK, in developing the family businesses in Palangkaraya, Central Kalimantan. The study method used was a qualitative study method, by conducting observations, interviews with owners and managers of family businesses, and documentation. The findings are that CU has contributed a lot to the welfare of family businesses in Palangkara, Central Kalimantan. The family businesses have developed to the maximum so that the sales turnover is quite attractive. Further, CU considers the Character, Capacity, Capital, Condition, and Collateral characteristics as the most important aspect of lending money to family businesses. They also provide training and assistance to be able to improve the business of management and marketing management and the use of technology. Hence, they can increase sales of the business and inspire the community to become entrepreneurs to improve the welfare of the business.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125913112","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 : 2020-12-25DOI: 10.33021/IJFBP.V3I2.1342
A. Permatasari, Garry Doohan, M. S. Kusmulyono
This research analyses the influence of emotional intelligence, self-efficacy, attitude, and subjective norms towards social entrepreneurial intention in University students. Quantitative research was chosen to conduct this research. Two hundred five respondents responded were participated in this research. Multiple Regression analysis was utilized as a statistical tool analysis to test the hypothesis. This study found a significant influence between emotional intelligence, self-efficacy, attitude, and subjective norms towards social entrepreneurial intention (simultaneously). This research also defines which factors influence students to engage on social entrepreneurship projects in the context of private university.
{"title":"Factors Influencing Social Entrepreneurial Intention: A Case of Private University in Bekasi","authors":"A. Permatasari, Garry Doohan, M. S. Kusmulyono","doi":"10.33021/IJFBP.V3I2.1342","DOIUrl":"https://doi.org/10.33021/IJFBP.V3I2.1342","url":null,"abstract":"This research analyses the influence of emotional intelligence, self-efficacy, attitude, and subjective norms towards social entrepreneurial intention in University students. Quantitative research was chosen to conduct this research. Two hundred five respondents responded were participated in this research. Multiple Regression analysis was utilized as a statistical tool analysis to test the hypothesis. This study found a significant influence between emotional intelligence, self-efficacy, attitude, and subjective norms towards social entrepreneurial intention (simultaneously). This research also defines which factors influence students to engage on social entrepreneurship projects in the context of private university. ","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"81 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122898499","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 : 2020-09-14DOI: 10.33021/IJFBP.V3I1.1158
F. Rahmiati
This research aims to explore the sustainability of family business through the implementation of Corporate Social Responsibility (CSR) to the community surrounding the company. As many research studies mentioned that family businesses are often strongly anchored in the local community, the high commitment to the local community will leads to a high degree of socially responsible acting. Qualitative method is used in the form of a case of an Indonesian small business in Bogor. The data collection is done using direct methods like observation, interview, and going through the company documentations to comprehend the case situation. The result of the research shows that the CSR implementation, in case observed, was in accordance with the needs of surrounding community. The CSR activities were in the form of the education, religious activities, public facilities, employee and community empowerment. The community and the company were supporting each other in order to make the activity success. This study concludes that this symbiotic CSR could be new model for family business enterprises sustainability through CSR.
本研究旨在探讨家族企业透过对企业周边社区履行企业社会责任(Corporate Social Responsibility, CSR)的可持续性。正如许多研究所提到的，家族企业往往与当地社区紧密相连，对当地社区的高度承诺将导致高度的社会责任行为。定性方法是在一个案例的形式，印度尼西亚的小企业在茂物。数据收集是通过直接的方法完成的，如观察、采访和通过公司文件来了解案例情况。研究结果表明，在观察的情况下，企业社会责任的实施符合周围社区的需求。企业社会责任活动的形式包括教育、宗教活动、公共设施、员工和社区赋权。为了活动的成功，社区和公司相互支持。本研究认为，这种共生的企业社会责任可以成为家族企业通过企业社会责任实现可持续发展的新模式。
{"title":"Family Business Sustainability through Community Orientation","authors":"F. Rahmiati","doi":"10.33021/IJFBP.V3I1.1158","DOIUrl":"https://doi.org/10.33021/IJFBP.V3I1.1158","url":null,"abstract":"This research aims to explore the sustainability of family business through the implementation of Corporate Social Responsibility (CSR) to the community surrounding the company. As many research studies mentioned that family businesses are often strongly anchored in the local community, the high commitment to the local community will leads to a high degree of socially responsible acting. Qualitative method is used in the form of a case of an Indonesian small business in Bogor. The data collection is done using direct methods like observation, interview, and going through the company documentations to comprehend the case situation. The result of the research shows that the CSR implementation, in case observed, was in accordance with the needs of surrounding community. The CSR activities were in the form of the education, religious activities, public facilities, employee and community empowerment. The community and the company were supporting each other in order to make the activity success. This study concludes that this symbiotic CSR could be new model for family business enterprises sustainability through CSR.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116277553","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}
Even though majority of textbooks, journals choose to adopt a legal definition of the family business wherein the family business is defined as an enterprise where the members of a single family are the majority shareholders, but in this new millennium where multiple forms and derivatives of the organizational forms, a new definition of family business needs to be adopted.
{"title":"Platform for Sharing Research on Family Business","authors":"A. Chauhan","doi":"10.33021/ijfbp.v1i2.694","DOIUrl":"https://doi.org/10.33021/ijfbp.v1i2.694","url":null,"abstract":"Even though majority of textbooks, journals choose to adopt a legal definition of the family business wherein the family business is defined as an enterprise where the members of a single family are the majority shareholders, but in this new millennium where multiple forms and derivatives of the organizational forms, a new definition of family business needs to be adopted.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115269853","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}
Family businesses play an important role in both developed and developing countries. They employ a majority of workforce establishing the newest jobs and generating a significant proportion of the gross domestic product. About 96% of the 165,000 companies established in Indonesia are family businesses. However, the survival rate of passing through the stage of second generations in family business is very low. This research has been conducted to analyse the determinants of successful family business successions. Qualitative research method was used to study four families. The conclusion from the study was that the determinants of successful family business succession are managing a complex relationship of successors and incumbent related factors, family context, business context, and having a structured agreement system.
{"title":"The Determinants of a Successful Family Business Succession in Indonesia: A Multiple Case Study","authors":"Suresh Kumar, Qireina Prameswari","doi":"10.33021/IJFBP.V1I2.638","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I2.638","url":null,"abstract":"Family businesses play an important role in both developed and developing countries. They employ a majority of workforce establishing the newest jobs and generating a significant proportion of the gross domestic product. About 96% of the 165,000 companies established in Indonesia are family businesses. However, the survival rate of passing through the stage of second generations in family business is very low. This research has been conducted to analyse the determinants of successful family business successions. Qualitative research method was used to study four families. The conclusion from the study was that the determinants of successful family business succession are managing a complex relationship of successors and incumbent related factors, family context, business context, and having a structured agreement system.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126121802","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}
Human resource planning within a company includes policies such as recruitment and selection, compensation, performance appraisal, career development, and training and development. Recruitment and selection process becomes the main factor to do professional human resources. The purpose of this research is to know how the concept of recruitment and selection model on family business in small and medium enterprise sector. The object of research is small and medium business in Tasikmalaya city in handicraft sector. The research method used qualitative and data collection through triangulation method where researchers examine the interrelated phenomena from different perspectives. The results showed that family emotional relationship factors often affect the recruitment and selection process of employees. Moreover, Incompetent recruitment and selection models will threaten the performance and even the existence of the company. The poor management of human resources in the family company will have negative impacts such as the outbreak of conflict, the unfavourable working situation, the development of various intrigues, and the high level of employee turnover will ultimately impact on the performance of the company.
{"title":"Case Study of Recruitment and Selection of Employees in the Family Businesses of Tasikmalaya","authors":"Dedi Rianto Rahadi, P. Cakranegara, G. Claudia","doi":"10.33021/IJFBP.V1I2.644","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I2.644","url":null,"abstract":"Human resource planning within a company includes policies such as recruitment and selection, compensation, performance appraisal, career development, and training and development. Recruitment and selection process becomes the main factor to do professional human resources. The purpose of this research is to know how the concept of recruitment and selection model on family business in small and medium enterprise sector. The object of research is small and medium business in Tasikmalaya city in handicraft sector. The research method used qualitative and data collection through triangulation method where researchers examine the interrelated phenomena from different perspectives. The results showed that family emotional relationship factors often affect the recruitment and selection process of employees. Moreover, Incompetent recruitment and selection models will threaten the performance and even the existence of the company. The poor management of human resources in the family company will have negative impacts such as the outbreak of conflict, the unfavourable working situation, the development of various intrigues, and the high level of employee turnover will ultimately impact on the performance of the company.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"175 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123484076","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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