Profit: Jurnal Adminsitrasi Bisnis

The Influence of Corporate Governance and Competitive Advantage on Firm Value

2024-07-08T02:12:15+00:00

This study analyzes previous research to understand the influence of corporate governance and competitive advantage on firm value. The research employs a literature review method, gathering and analyzing data from existing written sources such as scientific journals, e-books, theses, books, and magazines to comprehensively understand the discussed topic. This study integrates various theories, including agency theory, resource-based view theory (RBV), and market orientation theory, to explain the relationships between variables. As a literature review article, this study contributes to deepening the understanding of the impact of corporate governance, competitive advantage, and firm value. The practical implications of this literature review emphasize the need to strengthen effective corporate governance practices and develop competitive advantage as strategies to enhance firm value. Furthermore, this article has implications for management, investors, regulators, and future research, given the scarcity of prior studies that utilize this theoretical framework to examine similar research models.

How Revisit Intention Infuenced by Service Quality in a Cafeteria?

2024-08-08T02:50:36+00:00

This study aims to directly determine the impact of service quality on customer satisfaction and word of mouth and revisit intention. In addition, this study also aims to determine the effect of customer satisfaction and word of mouth on revisit intention. We also investigate the mediating effect of customer satisfaction and word of mouth on the relationship between service quality and revisit intention. The type of research used is explanatory research with a quantitative approach. The population in this study were Universitas Brawijaya students who were consumers of the Universitas Brawijaya Creative Land Cafeteria, with a sample of 210 respondents obtained through a purposive sampling technique. The data collection method used an online questionnaire, and the data analysis technique used Partial Least Square-Structural Equation Modeling (PLS-SEM) using SMARTPLS Version 3.2.9 software. The testing results show that service quality directly affects customer satisfaction, word of mouth, and revisit intention. Moreover, customer satisfaction and word of mouth affect revisit intention. Testing the indirect effect shows that service quality significantly affects revisit intention through customer satisfaction and word of mouth.

The Influence of Social Media Marketing on Decision to Visit Mediated by Fear of Missing Out (FOMO) and Trust

2024-08-30T07:49:55+00:00

This study aims to investigate how Social Media Marketing (SMM) affects Visit Decisions and how Fear of Missing Out (FOMO) and Trust act as mediating factors at Florawisata Santerra Delaponte, Malang. This study helps businesses in the tourism sector apply the results to improve tourist decisions and increase the number of visits to the tour. This study was conducted on visitors to Florawisata Santerra Delaponte, Malang. A sample of 162 respondents was selected for this study using a quantitative approach to nonprobability sampling. Partial Least Square-Structural Equation Modeling (PLS-SEM) was used to evaluate the data in this study using SmartPLS 4 software. The results of this study show that the Social Media Marketing (SMM) variable significantly influences the Visiting Decision, and the FOMO variable does not mediate the relationship between the Social Media Marketing (SMM) variable and the Visiting Decision variable. Business actors can utilize the practical implications derived from this research in the related tourism sector to use social media marketing more effectively, thereby helping to improve visiting decisions and enhance tourists' trust, which will ultimately impact increasing visiting decisions.

Navigating Government Information System Efficacy: Insights from Human Resource Information System Implementation

2024-09-10T01:17:29+00:00

This investigation delved into the effectiveness of the Human Resource Information Systems (HRIS) in enhancing Information Quality, System Quality, System Utilization, User Satisfaction, and Employee Performance. Employing a survey with a Likert rating approach among 138 respondents from the Directorate General of Legislation, the study used Partial Least Squares Structural Equation Modeling (PLS-SEM) via SmartPLS software version 3.2.8 for data analysis. The findings demonstrate that HRIS significantly bolsters system usage and user satisfaction, improving employee performance, particularly during the digital transformation necessitated by the COVID-19 pandemic. Digital-centric work system modification as the success of human resource management in adopting digital transformation, guided by HRIS steps to form a theoretical structure designed to ensure whether organizational performance can reach its potential after conversion to a digital system. This study depicted that workforce efficiency was attainable alongside alterations in human resource management through the digital shift of work operations, as denoted by HRIS benchmarks. An efficient digital work system could augment employee workflows, thereby enhancing satisfaction among system users, which might influence employee performance tiers. The insights from this study are anticipated to bolster subsequent inquiries and foster development in the field.

Effects of Adaptive, Organizational Learning and Absorbability and Their Impact on Marketing Capabilities and Business Performance: Unlocking the Potential of Indonesian Non-high-tech SMEs

2024-08-15T08:10:34+00:00

This study aims to exploit the factors that influence business performance in the context of non-high-tech SMEs. This study investigates the mechanism by which the capabilities of SMEs are applied to improve business performance. The study focuses on the mediating role of marketing ability in the relationship between adaptive capability, organizational learning capability, and absorptive capacity in marketing and business performance. Research models were developed to link key constructs of business capabilities with business performance. Structural equation modelling was applied to test the model using data collected from 160 respondents in Malang City, Indonesia. The results show that organizational learning capability can affect marketing capability and that marketing capabilities affect the business performance of non-high-tech SMEs. Marketing capability can mediate the relationship between organizational learning capability and business performance. The study limits the possibility of generalizing the findings, focusing on Malang City and non-high-tech SMEs. Therefore, the scope of research needs to be increased by expanding the research context and adding high-tech SMEs as an additional variety of research discussions. This study makes an important contribution to the SME literature body by identifying the mediating effect of marketing capabilities on the relationship between business capabilities and business performance.

The Influence of Corporate Governance, Bankruptcy Risk on Financial Performance and Company Value

2024-11-07T08:15:58+00:00

This research aims to determine how corporate governance and bankruptcy risk affect financial performance and company value in non-financial companies listed on the IDX LQ-45 Index between 2019 and 2023. This research examines 18 non-financial organizations using the method quantitative methodology. This research uses a purposive sampling technique on companies that meet the BEI LQ-45 index criteria and provides comprehensive financial reports, corporate governance reports, ratios and other relevant data. Secondary data was collected from financial reports published by non-financial companies between 2019 and 2023—quantitative statistical analysis with PLS-SEM to test the research hypothesis. The research results show that, in the LQ-45 Index Companies listed on the Indonesia Stock Exchange from 2019 to 2023, Corporate Governance and Bankruptcy Risk had a positive and significant effect on Financial Performance, Corporate Governance and Bankruptcy Risk has a positive and not significant effect on Company Value, and Financial Performance has a positive and significant effect on Company Value.

Systematic Literature Review: How Financial Literacy, Trust and Firm Reputation Affect Investment Decision

2024-11-08T01:12:15+00:00

The urge for investment has increased these past ten years. The rise of investment awareness is side by side with Indonesia’s financial literacy awareness in 2019. After the pandemic, people became more aware of saving and investing. On the other hand, investment preferences have become a particular topic. Several factors could affect investment preferences, such as trust and firm reputation. Based on this condition, this research aims to understand how financial literacy, trust, and firm reputation affect individual investment behaviour based on previous studies. Through the Systematic Literature Review (SLR) method and PRISMA protocol, this research used 49 articles from Google Scholar and Science Direct. Results show that financial literacy and trust affect investment decisions. Reputation has a slightly different effect and indirect correlation on individual investing behaviour. This research provides recommendations for future studies concerned with the topic and method.

Measuring Company Performance using the Balanced Scorecard (BSC) Method in Hydroponic Vegetable Agribusiness in Surabaya

2024-11-08T01:52:21+00:00

Hydroponic farming has become increasingly popular since 2014 due to the increased accessibility of information and the efficient use of resources. Kebun Sayur Surabaya (KSS) is a producer and supplier of hydroponic vegetables experiencing changes in its business dynamics. Problems such as the continuing impact of the pandemic affecting the company's operations and the increasing competence of similar businesses require companies to improve performance to remain competitive. Performance measurement can be done using the Balanced Scorecard (BSC) method, which considers all four perspectives: financial, customer, internal business processes, and learning and growth. The purpose of this study is to evaluate the performance of KSS using the BSC method by considering four perspectives. Data was obtained through interviews, questionnaires, company financial data and related journal references. The analysis results show that KSS has been optimal in all four perspectives; overall financial performance and customer satisfaction have increased significantly, although some aspects have decreased in other perspectives. Some strategies to improve and increase business performance for industry players are obtained based on the results of the analysis that has been carried out.

The Influence of “Rumah Pangan Kita” (RPK) Partnership on the Income of Grocery Traders in Malang

2024-11-25T01:45:36+00:00

One of Perum Bulog's efforts to maintain price stability and food availability is distributing its products through the "Rumah Pangan Kita" (RPK) partnership. However, in 2022, it was recorded that most of RPK's partners would no longer run their businesses. It is suspected that this happened because the income obtained did not match the expectations of fundamental food traders. This research aims to analyze the influence of the RPK partnership factor on the income of fundamental food traders, which is calculated through Return on Asset analysis (ROA) in Malang. The sample used in this study consisted of 30 respondents and was analyzed using multiple linear regression methods. The results showed that the variables of cooperation and commitment had a significant influence on the ROA of grocery traders in Malang. Other variables do not have a significant influence. The implications of this research highlight the importance of strengthening cooperation and commitment within the RPK partnership program to improve the profitability of fundamental food traders. Moreover, the findings suggest that communication and openness, while not significantly impactful in this study, should not be overlooked but optimized as supporting factors to enhance the overall partnership effectiveness.

Exploring the Influence of Brand Coolness on Brand Love and Brand Engagement: Systematic Literature Review

2024-11-22T02:13:36+00:00

This study aims to explain and provide an overview of brand coolness that affects brand love and engagement. This research uses a Systematic Literature Review with the PRISMA method to synthesize scientific evidence to answer specific research questions. The database used comes from journals on Google Scholar. The results show that brand reliability, social value and emotional resonance are three aspects that can form brand coolness that positively affects brand love, namely in terms of brands, society and consumers themselves. Brand coolness has a positive impact on brand engagement through usability, originality in products and subcultural appeal. This research adds theoretical updates about several points that need to be considered for brand existence to survive in consumers, which need to be considered with emotional involvement with the brand. This research contributes to developing literature on brand coolness indicators to influence brand love and engagement and help brands design management strategies to present the value of coolness more effectively. Future research can examine consumer reactions to brand coolness, brand prestige, and brand authenticity to further understand brands today with consumers' rapidly changing consumption patterns and lifestyles.