Local water supply based on community development were built by using funding from Local government. Accountability of this funding for local community entrepreneurship is debatable. This paper will explain how local water community entrepreneurship in Bogor can be determined in four community-based: aspect of infrastructure, training of human resources, revenue collection, and post onstruction support. The rural water supply in Bogor were studied by combining quantitative and qualitative methods. The study provides evidence on the need todesign policies and programs that provide sustainable services in Community-BasedEntrepreneurship.
{"title":"Analysis of Four CommunityBased Entrepreneurships in Rural Water Supply in Bogor","authors":"S. Susanti","doi":"10.33021/ijfbp.v1i2.693","DOIUrl":"https://doi.org/10.33021/ijfbp.v1i2.693","url":null,"abstract":"Local water supply based on community development were built by using funding from Local government. Accountability of this funding for local community entrepreneurship is debatable. This paper will explain how local water community entrepreneurship in Bogor can be determined in four community-based: aspect of infrastructure, training of human resources, revenue collection, and post onstruction support. The rural water supply in Bogor were studied by combining quantitative and qualitative methods. The study provides evidence on the need todesign policies and programs that provide sustainable services in Community-BasedEntrepreneurship.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"1 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":"128271010","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}
{"title":"Author Profiles","authors":"A. Chauhan","doi":"10.33021/ijfbp.v1i2.695","DOIUrl":"https://doi.org/10.33021/ijfbp.v1i2.695","url":null,"abstract":"Author Profiles","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"1 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":"123384211","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}
Innovation is a mechanism for entrepreneurs to create a product or service in accordance with company’s target market. While creating innovation, the company may not have some of the information or skills that are owned by the other parties or vice versa.As a solution, various approaches of cooperation, collaboration, or co-creation are chosen as the strategy to develop innovation. The purpose of this study is to examine the implementation of cooperation, collaboration, and co-creation as an entrepreneurial strategy. The method used is exploratory analysis by analysing the theory of Drucker (1993). The result of this research is a definitive differentiation of innovation for the four strategies. To conclude, the paper suggests the company to analyse their own ability and condition in order to create an innovation that will increase the productivity.
{"title":"Cooperation, Collaboration, and Co-creation: A Review of Existing Literature and Applications","authors":"Nina Arina, Sonny Rustiadi","doi":"10.33021/IJFBP.V1I2.639","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I2.639","url":null,"abstract":"Innovation is a mechanism for entrepreneurs to create a product or service in accordance with company’s target market. While creating innovation, the company may not have some of the information or skills that are owned by the other parties or vice versa.As a solution, various approaches of cooperation, collaboration, or co-creation are chosen as the strategy to develop innovation. The purpose of this study is to examine the implementation of cooperation, collaboration, and co-creation as an entrepreneurial strategy. The method used is exploratory analysis by analysing the theory of Drucker (1993). The result of this research is a definitive differentiation of innovation for the four strategies. To conclude, the paper suggests the company to analyse their own ability and condition in order to create an innovation that will increase the productivity.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"90 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":"128229260","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}
{"title":"Editor's Desk","authors":"A. Chauhan","doi":"10.33021/ijfbp.v1i2.697","DOIUrl":"https://doi.org/10.33021/ijfbp.v1i2.697","url":null,"abstract":"Editorial","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"320 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":"134229202","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}
I. Yunita, Rina Indiastuti, Ria Ratna Ariawati, Erie Febrian
The purpose of this research is to determine the effect of market to book ratio on leverage change with ownership structure as moderating variable. The research sample is 41 companies in Indonesia Stock Exchange which conducted IPO in 2005 - 2010. The analysis period is five years after an IPO. The independent variable is market to book ratio, the dependent variable is leverage change and control variable is tangibility, profit and size. The moderating variables are managerial and institutional ownerships which included as ownership structure. This research is using data panel regression. The results show that companies in Indonesia pursued the equity market timing strategy because there is a positive effect of market to book ratio into equity issue and negative effect of market to book ratio into leverage change. The results also show that institutional ownership structure moderating the equity market timing. However, managerial ownership does not moderating the equity market timing.
{"title":"Moderating Impact of Ownership Structure on Relationship of Equity Market Timing with Capital Structure on Companies Listed on Indonesia Stock Exchange","authors":"I. Yunita, Rina Indiastuti, Ria Ratna Ariawati, Erie Febrian","doi":"10.33021/IJFBP.V1I2.641","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I2.641","url":null,"abstract":"The purpose of this research is to determine the effect of market to book ratio on leverage change with ownership structure as moderating variable. The research sample is 41 companies in Indonesia Stock Exchange which conducted IPO in 2005 - 2010. The analysis period is five years after an IPO. The independent variable is market to book ratio, the dependent variable is leverage change and control variable is tangibility, profit and size. The moderating variables are managerial and institutional ownerships which included as ownership structure. This research is using data panel regression. The results show that companies in Indonesia pursued the equity market timing strategy because there is a positive effect of market to book ratio into equity issue and negative effect of market to book ratio into leverage change. The results also show that institutional ownership structure moderating the equity market timing. However, managerial ownership does not moderating the equity market timing.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"235 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":"114263138","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}
The case describes the professionalization, especially, the motivation and the commitment issues faced by Pioneers` School & College, a private family-run business in an emerging Asian economy of Pakistan. The case sheds light on the initiatives taken by the School’s Principal in this regard which resulted in the development of a unique teacher training program named, Teacher Nurturing Program (TNP). At the core, the case focused on the training and development aspect of human resource management to motivate and retain the good teachers and improve quality of teaching standards. The case provides an opportunity for students to reflect upon the need for schools like Pioneers` to competitively act and introduce employee training and learning programs to maintain teachers’ motivation and commitment issues as well as to improve the school image through higher quality standards.
{"title":"otivation and Retention of Teachers in a Family Business in Education A Case Study from South Asia","authors":"Umair Ahmed, W. Umrani, A. Chauhan","doi":"10.33021/IJFBP.V1I2.700","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I2.700","url":null,"abstract":"The case describes the professionalization, especially, the motivation and the commitment issues faced by Pioneers` School & College, a private family-run business in an emerging Asian economy of Pakistan. The case sheds light on the initiatives taken by the School’s Principal in this regard which resulted in the development of a unique teacher training program named, Teacher Nurturing Program (TNP). At the core, the case focused on the training and development aspect of human resource management to motivate and retain the good teachers and improve quality of teaching standards. The case provides an opportunity for students to reflect upon the need for schools like Pioneers` to competitively act and introduce employee training and learning programs to maintain teachers’ motivation and commitment issues as well as to improve the school image through higher quality standards.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"23 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":"114209600","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}
{"title":"Reviewer","authors":"A. Chauhan","doi":"10.33021/ijfbp.v1i1.669","DOIUrl":"https://doi.org/10.33021/ijfbp.v1i1.669","url":null,"abstract":"Reviewer","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129482843","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}
This is a proud moment for President University to bring out the first issue of International Journal of Family Business Practices (IJFBP), which would be published 2 times in year in June and December.
{"title":"Editor’s Desk - About IJFBP","authors":"A. Chauhan","doi":"10.33021/IJFBP.V1I1.647","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I1.647","url":null,"abstract":"This is a proud moment for President University to bring out the first issue of International Journal of Family Business Practices (IJFBP), which would be published 2 times in year in June and December.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126111040","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}
The information technology has reduced the cost of business transactions large managerial corporations are giving way to small family business firms. It is good change because family businesses could not only aim to sustain the family economically but also could aim nurturing children. The role of ethics in family business is has not been studied systematically. This paper has argued that family firms are more socially responsible that non-family firms because family firms are breeding ground for core family values. This paper also argues that business literature should lay emphasis on virtues and character based business in place of value and culture based business. To manage for organizational virtue and character is to treat ethics as an end in itself. To manage by values and characters is to treat ethics as means for some ulterior motive. If employees are told that they should be honest because it pays then profit may trump in case of a conflict. The combination of family virtues and business can make the family busines as moral model or moral leadership for all types of business in this era of high demands for accountability.
{"title":"The Business Family as the Business Model of Our Time","authors":"J. Hoopes","doi":"10.33021/IJFBP.V1I1.667","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I1.667","url":null,"abstract":"The information technology has reduced the cost of business transactions large managerial corporations are giving way to small family business firms. It is good change because family businesses could not only aim to sustain the family economically but also could aim nurturing children. The role of ethics in family business is has not been studied systematically. This paper has argued that family firms are more socially responsible that non-family firms because family firms are breeding ground for core family values. This paper also argues that business literature should lay emphasis on virtues and character based business in place of value and culture based business. To manage for organizational virtue and character is to treat ethics as an end in itself. To manage by values and characters is to treat ethics as means for some ulterior motive. If employees are told that they should be honest because it pays then profit may trump in case of a conflict. The combination of family virtues and business can make the family busines as moral model or moral leadership for all types of business in this era of high demands for accountability.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130429079","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}
Using qualitative interviews to understand the mindset of family business leaders in succession, this Supply Chain Management is important in industry. Vendor is the key component in the supply chain flow. A company abbreviated as UTPE is one of the biggest manufacturing companies in Indonesia that produces heavy equipment. The main materials are plates and spare parts that have been supplied by eight vendors. The current system of vendor selection is based on tardiness of delivery time, but every vendor has different frequency of delivery so that it cannot be compared. Therefore, the appropriate criteria and sub criteria are required to create a new system of vendor selection. The criteria and sub criteria are determined based on the previous research and interview with an expert in the company. There are 5 criteria and 17 sub criteria that are approriate for vendor selection. ANP is the development of Analytical Heuristic Process (AHP) by considering dependency between elements of hierarchy. By using ANP, the interdependency between criteria, sub criteria and their weight can be defined. Data collection is done by using observation, interview and questionnaire. Sub criteria long term relationship has the highest weight and vendor abbreviated as GH is the best vendor with score 3.057 of 5.
{"title":"Vendor Selection using Analytical Network Process (ANP) in Heavy Equipment Company","authors":"M. Syafei, A. L. Maukar, Hening Herziatra","doi":"10.33021/IJFBP.V1I1.376","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I1.376","url":null,"abstract":"Using qualitative interviews to understand the mindset of family business leaders in succession, this Supply Chain Management is important in industry. Vendor is the key component in the supply chain flow. A company abbreviated as UTPE is one of the biggest manufacturing companies in Indonesia that produces heavy equipment. The main materials are plates and spare parts that have been supplied by eight vendors. The current system of vendor selection is based on tardiness of delivery time, but every vendor has different frequency of delivery so that it cannot be compared. Therefore, the appropriate criteria and sub criteria are required to create a new system of vendor selection. The criteria and sub criteria are determined based on the previous research and interview with an expert in the company. There are 5 criteria and 17 sub criteria that are approriate for vendor selection. ANP is the development of Analytical Heuristic Process (AHP) by considering dependency between elements of hierarchy. By using ANP, the interdependency between criteria, sub criteria and their weight can be defined. Data collection is done by using observation, interview and questionnaire. Sub criteria long term relationship has the highest weight and vendor abbreviated as GH is the best vendor with score 3.057 of 5. ","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131543761","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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