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ICEBM 2019 Page 0 Kuala Lumpur, Malaysia
ICEBM 2019 Page 1 Kuala Lumpur, Malaysia
TABLE OF CONTENT
REPORT FROM THE COMMITTEE CHAIR ICEBM 2019
3
OPENING SPEECH FROM THE DEAN OF FACULTY OF ECONOMICS
AND BUSINESS UNIVERSITAS TARUMANAGARA
4
OPENING SPEECH FROM THE RECTOR OF UNIVERSITAS
TARUMANAGARA
6
VENUE
7
SPEAKERS
8
STEERING COMMITTEE
9
ORGANIZING COMMITTEE
9
SCIENTIFIC COMMITTEE
10
TOPICS AREA
12
CONFERENCE PROGRAM
15
BOOK OF ABSTRACT
30
ICEBM 2019 Page 2 Kuala Lumpur, Malaysia
Program Book
International Conference on Entrepreneurship and
Business Management
(ICEBM 2019)
UNTAR
KUALA LUMPUR – MALAYSIA
ICEBM 2019 Page 3 Kuala Lumpur, Malaysia
REPORT FROM THE COMMITTEE CHAIR OF
THE EIGHTH ICEBM UNTAR 2019
The International Conference on Entrepreneurship and Business Management (ICEBM) is a
conference that aims to facilitate the exchange of best practices information and knowledge
dissemination in the field of entrepreneurship, business, and management. The first ICEBM
was held in 2011 at Tarumanagara University, Indonesia. From 2013 to 2018, Tarumanagara
University had co-hosted The ICEBM event with foreign universities, such as Universiti
Sains Malaysia, Dusit Thani College, and Foreign Trade University, as well as domestic
universities, such as Universitas Ciputra, Universitas Udayana, Universitas Krida Wacana,
and Trisakti School of Management. This year, The ICEBM has co-hosts with Tunku Abdul
Rahman University College, Kun Shan University, Universitas Putra Indonesia YPTK
Padang, STIE YKPN Yogyakarta, Trisakti School of Management, and Universitas Kristen
Krida Wacana.
The only thing that never changes is the change itself and digital disruption is part of the
change process. Nowadays, the most valuable resource is data. Along with artificial
intelligence, digitalization will provide companies with data for marketing, sales, and product
development, also the data to optimize operations and improve productivity. Businesses are
becoming more data-oriented and data-driven. However, there are things to watch, that the
winner in digital world doesn’t always take all, new technologies are complementary and not
substitute, meanwhile geography still matters, and the changing speed is not so fast.
Digital disruption has become a reality for most organizations nowadays. Companies can
create new markets or leverage the power of information to offer solutions in new ways.
However, limited efforts have been done to provide an understanding on how
entrepreneurship and business management will be affected by such digital disruption. With a
conference theme “The Challenge for Entrepreneurship and Business Management in Digital
Disruption Era”, The 8th ICEBM aims to provide opportunities for academics, professionals,
policy-makers, and practitioners from various fields to present their research and views, while
interacting with members inside and outside of their disciplines.
This year, we receive 94 paper submissions from Indonesia, Malaysia, Taiwan, Hungaria,
Philippine, and Germany. Papers submitted were being double-blinded review by The
ICEBM Scientific Committee consisting of 42 reviewers coming from 16 different academic
institutions and 6 countries. A total of 85 out of 94 papers were accepted. All papers accepted
will be published in the Conference Proceedings and will be submitted for further indexation
to Web of Science (WoS).
Last but not least, we wish to express our sincerest gratitude to all parties that have supported
this event: Co-Host Universities, Organizing Committee, Sponsors, and all fellow researchers
for their tireless contributions in science. Let us be the part that disrupts and not disrupted.
Thank you. We wish you all the good experience during the conference.
Committee Chair,
Cokki
ICEBM 2019 Page 4 Kuala Lumpur, Malaysia
OPENING SPEECH FROM THE DEAN OF
FACULTY OF ECONOMICS AND BUSINESS
UNIVERSITAS TARUMANAGARA
Four Things Will Influence to Entrepreneurship and Business
Honorable guests, speakers and participants of 8th International Conference on
Entrepreneurship and Business Management 2019, welcome and thank a lot for joining this
prestigious event. First I must appreciate to the committee that has been arranged this annual
job perfectly.
Second I also want to state that the theme of the conference - The challenge for
Entrepreneurship and Business Management in Digital Era - is very relevant and inspire,
especially according to future of the progress of entrepreneurship and business model. I think
digitalization become one of the solution for overcoming economic slowdown or recession.
According to Patrick Dixon, the author of The Future of Almost Everything, How Our World
Will Change Over The Next 100 Years (2019), there are four things that will create the next
great digital revolution. The four things are: Internet of thing; big data; cloud computing;
artificial intelligent.
Internet of thing: at least 60 billion different items will be communicating with each other
online by 2025, and rising to 130 billion by 2030—hard wired into the web, or using radio-
frequency identification device (RFID). Human being also already part of internet of thing.
Some people have injected RFID themselves under their skin. Four thousand people in
Sweden have been chipped in this way, which mean that they no longer need paper travel
tickets or plastic travel to pay somethings.
Big data: around 90% or all data we have ever created has been generated in the last two
years, 2.5 million trillion bytes a day, much of it from the internet of things. Here are the
benefit of big data: Your bank sees an unusual pattern of purchase from strange location, the
bank can create a fraud alert. The market places can predict which product to stock in
warehouses to closest to their costumers.
Cloud computing: cloud computing will become the main way to prevent data loss, backing
up automatically the contents of every computer or mobile. Most software will be rented by
the day, week, month or year, running in cloud, rather than on your own machine.
Salesforce.com, is a prime example of a cloud company able to set up and run call center
almost instantly and manage customer relationships.
Artificial Intelligence: in reality is that billions of small decisions are already influenced by
AI, for example selecting the route your drive. AI is gradually taking over and dominating
our world. Robot doctor, who never trained at medical school, are now more accurate at
diagnosing many medical emergencies than most doctors or nurses. AI also is better at
detecting payments fraud. Even AI already is able to predict, with 90% accuracy, a wide
range of gene defect, just from the shape of people’s face.
It must be realize, however, behind the many benefits of digitalization, also emerge threats
that AI will be harnessed by criminals. Every web page you visit may be collecting your
ICEBM 2019 Page 5 Kuala Lumpur, Malaysia
screen size, operating system, location, web browser type and many other things that form a
unique digital footprint. This information open opportunity to be used to target you as crime
victim. But this problem also provide new business such as private security.
When we combine all the power and all the weakness of the digitalization of business, which
one much more? It depend the agile and smart entrepreneur to treat it in business. This is the
challenges of the entrepreneurship and business management that we will talk today.
Hopefully this conference will propose many ideas for answering the question.
Thank you very much.
Dean of Faculty of Economics and Business
Dr. Sawidji Widoatmodjo
ICEBM 2019 Page 6 Kuala Lumpur, Malaysia
OPENING SPEECH FROM THE RECTOR OF
UNIVERSITAS TARUMANAGARA
Dear our Distinguished guests, ladies and gentlemen,
It is such a great pleasure for me to welcome all the participants to the International
Conference on Entrepreneurship and Business Management (ICEBM 2019). As we all know,
the goal of this conference is to provide a forum that facilitates the exchange of knowledge
and experience of both practitioners and academics in the fields of the Entrepreneurship and
Business Management. Under these circumstances, they can mutually share their findings.
Besides, the topic itself, which is about: The challenge for Entrepreneurship and Business
Management in Digital Era, is extremely interesting. I can agree with the conference
committee that a little thing has been done to provide comprehensive understanding of the
importance of the Entrepreneurship and Business Management to support business
development increase the welfare of society.
I would like to take this opportunity to extend my appreciation to the following institutions.
Firstly, this year’s conference becomes special due to the support from our Plenary Speakers
from various institutions. We are thankful for your wonderful cooperation. Secondly, our
gratitude goes to our co-host and sponsors for the utmost support and kind contribution.
I would also sincerely say thanks to the organizing committee for their commitment, hard
work and dedication, making this internationally reputable conference successfully realizable.
Finally, I would like to express my gratitude for the presence of distinguished speakers,
authors, reviewers, and a number of active participants from several countries. I wish you all
a wonderful and great conference. Thank you.
Rector
Prof. Dr. Ir. Agustinus Purna Irawan
ICEBM 2019 Page 7 Kuala Lumpur, Malaysia
VENUE
Conference held on November 7th , 2019, at:
Conference Venue: Tunku Abdul Rahman University College
Jalan Genting Kelang, Setapak, 53300 Kuala Lumpur, Malaysia
Tel. (6) 03 41450123 (Ext. 3447)
Gala Dinner Venue: Double Tree Hotel
ICEBM 2019 Page 8 Kuala Lumpur, Malaysia
SPEAKERS
KEYNOTE SPEAKER
Prof. Ir. Dr. Lee Sze Wei
President of Tunku Abdul Rahman University College
PLENARY SPEAKERS
Ir. Dr. Rajendran Muthuveloo
Universiti Sains Malaysia
Hadi Cahyadi
Founder and Managing Partner of Helios Capital
ICEBM 2019 Page 9 Kuala Lumpur, Malaysia
STEERING COMMITTEE Prof. Dr. Ir. Agustinus Purna Irawan
Dr. Sawidji Widoatmodjo
Dr. Indra Widjaja
Jap Tji Beng, Ph.D.
Dr. Keni
ORGANIZING COMMITTEE
Chairperson : Dr. Cokki
Secretary : Joyce Angelique Turangan
Halim Putera Siswanto
Treasurer : Yanti
Program : Paula Tjatoerwidya Anggarina
Ida Puspitowati
Logistic : Mei Ie
Henryanto Wijaya
Herlina Budiono
Proceeding : Dr. Keni
Dr. Hetty Karunia Tunjungsari
Ary Satria Pamungkas
Documentation : Agustinus Yulianto
ICEBM 2019 Page 10 Kuala Lumpur, Malaysia
SCIENTIFIC COMMITTEE
Dr. Alex Yi Chang Chen : Kun Shan University, Taiwan
Dr. Tsai Shieunt Han : Kun Shan University, Taiwan
Dr. Cheng Lung Li : Kun Shan University, Taiwan
Dr. Te Tsai Lu : Kun Shan University, Taiwan
Dr. Linda Lin Chin Lin : Kun Shan University, Taiwan
Assoc. Prof. Amy Yeo : TARC, Malaysia
Dr. Chin Mui Yin : TARC, Malaysia
Dr. Teo Poh Chuin : TARC, Malaysia
Dr. Rajendran Muthuveloo : Universiti Sains Malaysia, Malaysia
Dr. Teoh Ai Ping : Universiti Sains Malaysia, Malaysia
Lin Tian, Ph.D. : Shanghai University, China
Nguyen Thi Tuong Anh, Ph.D. : Foreign Trade University, Vietnam
Tran Toan Thang, Ph.D. : Central Institute for Economic Management
Dr. Tiina Brandt : Haaga-Helia University of Applied Science, Finland
Prof. Dr. Ni Wayan Sri Suprapti : Universitas Udayana, Indonesia
Dr. Rizal Edy Halim : Universitas Indonesia, Indonesia
Dr. Chairy : President University, Indonesia
Dr. Dwinita Laksmidewi : Universitas Atma Jaya, Indonesia
Dr. Tita Deitiana : Trisakti School of Management, Indonesia
Dr. Vita Briliana : Trisakti School of Management, Indonesia
Nikodemus H. S. Wijaya, Ph.D. : STIE YKPN Yogyakarta, Indonesia
Dr. Wisnu Prajogo, MBA. : STIE YKPN Yogyakarta, Indonesia
Dr. Miswanto, MSi. : STIE YKPN Yogyakarta, Indonesia
Desi Ilona, Ph.D. : UPI YPTK, Indonesia
Dr. Muhammad Ridwan, M.M. : UPI YPTK, Indonesia
Dr. Zerfiyenni, M.M. : UPI YPTK, Indonesia
Dr. Lusiana, M.M. : UPI YPTK, Indonesia
Dr. Elfiswandi, M.M., Ak., C.A. : UPI YPTK, Indonesia
Dr. Zerni Melmusi, M.M., Ak., C.A. : UPI YPTK, Indonesia
Dr. Yulasmi, M.M. : UPI YPTK, Indonesia
Dr. Hery Winoto, M.M. : UKRIDA, Indonesia
Dr. Saparso, M.M. : UKRIDA, Indonesia
Prof. Dr. Kris Herawan Timotius : UKRIDA, Indonesia
Prof. Dr. Agustinus Purna Irawan : Universitas Tarumanagara, Indonesia
ICEBM 2019 Page 11 Kuala Lumpur, Malaysia
Prof. Dr. Carunia Mulya Firdaussy : Universitas Tarumanagara, Indonesia
Dr. Cokki : Universitas Tarumanagara, Indonesia
Dr. Indra Widjaja : Universitas Tarumanagara, Indonesia
Dr. Keni : Universitas Tarumanagara, Indonesia
Dr. Miharni Tjokrosaputro : Universitas Tarumanagara, Indonesia
Dr. Hetty Karunia Tunjungsari : Universitas Tarumanagara, Indonesia
Dr. Herlin Tundjung Setijaningsih : Universitas Tarumanagara, Indonesia
Dr. Estralita Trisnawati : Universitas Tarumanagara, Indonesia
ICEBM 2019 Page 12 Kuala Lumpur, Malaysia
TOPICS AREA
Entrepreneurship:
Artpreneurship
Business Ethics and Entrepreneurship Ethics
Corporate and Strategic Entrepreneurship
Entrepreneurship Education
Entrepreneurial Universities
Entrepreneurship and Growth
Entrepreneurial Finance and Venture Capital
Entrepreneurship and Regional Development
Entrepreneurship and Governmental Support
Entrepreneurship and Intellectual Property
Entrepreneurial Culture
Entrepreneurship and Gender
Entrepreneurial Learning and Communities Pratice
Entrepreneurship and Ethics Minorities
Entrepreneurship and Sustainability
Entrepreneurial Finance
Entrepreneurial Marketing
Family Business
Franchising
Green Entrepreneurship
Innovation and Technological Entrepreneurship
International Entrepreneurship
Social and Community Entrepreneurship
Social Entrepreneurship
Sustainable Entrepreneurship
Technopreneurship
The Psychology of Entrepreneurship
Women Entrepreneurship
Business and Management:
Advertising Management
Accounting
Auditing
Brand Management
Business Intelligence
Business Statistics
Business Performance Management
Business Education
Business Ethics
Business Law
Consumer Behavior
Change Management
Communications Management
ICEBM 2019 Page 13 Kuala Lumpur, Malaysia
Corporate Governance
Cost Management
Decision Sciences
Destination Marketing
Human Resource Management
Industrial Engineering
International Business
Informational Systems
Information Technology Management
Leadership
Management Science
Management Information Systems
Manufacturing Engineering
Marketing
Marketing Research
Marketing Strategy
New Product Development
Organizational Behavior
Organizational Communication
Operations Research
Public Relations
Product Management
Resource Management
Strategic Management
Stress Management
Supply Chain Management
Systems Thinking
Systems Management
Taxation
Time Management
Total Quality Management
Entrepreneurship in Tourism and Hospitality Industry
Architecture, Tourism and Sustainable Development
Artisan, Cultural and Tourism Entrepreneurship
Community Tourism Entrepreneurship
Consumer Behavior in Tourism
Consumer Psychology of Tourism, Hospitality and Leisure
Communication in the Tourism and Hospitality Industry
Economic Efficiency of Tourism Industry
Entrepreneurship in Tourism Industry
Entrepreneurship and The Rural Tourism Industry
Entreprenurship and Sustainable Tourism
Entrepreneurship on Innovative Tourism
Food Tourism
Gastronomy and Creative Entrepreneurship
Global Tourism Industry
ICEBM 2019 Page 14 Kuala Lumpur, Malaysia
Health and Medical Tourism
Hospitality Entrepreneurship
Indigenous Entrepreneurship and Tourism Development
Industry, Tourism and Investment
Migration and Tourism Entrepreneurship
Rural Tourism and Art Entrepreneurship
Psychology and Tourism Management
Psychology of Happiness and Tourism
Social Media, Tourism and Entrepreneurship
SMEs and Tourism
The Use of Information Technology in Tourism Industry
Tourism and Entrepreneurship
Tourism Enterprise, Entrepreneur and Entrepreneurship
Tourism and Entrepreneurship in Hospitality Industry
Tourism Culture and Communication
Tourism Entrepreneurship and Social Capital
Transportation in Tourism
ICEBM 2019 Page 15 Kuala Lumpur, Malaysia
CONFERENCE PROGRAM
Day 1 (Thursday, 07 November 2019)
Venue : Tunku Abdul Rahman University College, Kuala Lumpur
Time Program
08.00 – 09.00 Registration & Coffee Morning
09.00 – 09.15
Opening Ceremony:
Traditional Dance (Malay Dance)
Report from Committee Chair: Dr. Cokki
09.15 – 09.30
Opening Speech:
Rector of Universitas Tarumanagara (Opening Ceremony)
UNTAR Video Profile
TAR UC (Welcoming Speech)
09.30 – 10.00 Keynote Speaker
Prof. Ir. Dr. Lee Sze Wei (President of TAR UC )
10.00 – 10.15 Certificate Presentation (UNTAR and Co-Hosts)
10.15 – 11.45
Plenary Session:
Speaker 1: Dr. Rajendran Muthuveloo (USM)
Speaker 2: Hadi Cahyadi (Founder and Managing Partner of Helios Capital)
Moderator: Sigit Sanjaya (University of Putra Indonesia YPTK)
12.00 – 13.00 Lunch
13.00 – 15.12 Parallel Session I
15.12 – 15.30 Coffee & Tea Break
15.30 – 17.42 Parallel Session II
19.00 – 21.00
Gala Dinner (Pool side in Double Tree by Hilton Hotel):
Welcoming Dinner Speech (Dean of FEB)
Best Paper Announcement (Committee Chair)
Closing Speech (TAR UC Representative)
Live music
Day 2 (Friday, 08 November 2019)
Time Program
09.00 – 14.30
Post-Conference Tour
(Registration & Fee Applied - please contact [email protected])
Remarks: The city tour inclusive of return bus coach, tour guide, sightseeing from
Merdeka Square, The Sultan Abdul Samad Building, KL City Gallery, Royal Selangor
Club, Central Market (souvenirs) & Petronas Twin Towers & KLCC (shopping)
ICEBM 2019 Page 16 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 1
Time : 13.00 – 15.12
Session Chair : Assoc Prof. Dr. Kwek Choon Ling
Time Authors Title Institutions
13.00 – 13.12 Siew Mui Kong
Rajendran
Muthuveloo
The Moderating Effect of Kaizen Culture
on the Relationship between Innovation
and Operational Performance
Universiti Sains Malaysia,
Penang, Malaysia
13.12 – 13.24 Tai-Ho Yang
Chin-Chiuan Lin
Developing an Innovation Management
Teaching Model Kun Shan University,
Tainan, Taiwan
13.24 – 13.36 Cheng-Lung Li
Sommanoxay
Soulivanh
The Qualitative Study of Small Firm’s
Competitive Advantage Competencies in
Laos’ Tourism Industry
Kun Shan University, Tainan, Taiwan
13.36 – 13.48 Choon Ling Kwek
Bi Lei, Lai Yan
Leong
Michelle John A/P
John Saggayam
Ying Xue Peh
The Impacts of Online Comments and
Bandwagon Effect on the Perceived
Credibility of the Information in the
Social Commerce: The Moderating Role
of Perceived Acceptance
Tunku Abdul Rahman
University College,
Malaysia
13.48 – 14.00 Choon Ling Kwek
Zhang Li
Ke Shin Yeow, Ng
Ka Yee
Thamilarasi A/P
Thiruchandren
The Impact of Number of Trusted
Members on the Perceived Credibility of
the Information on the Social Commerce:
The Mediating Roles of Cognitive Trust
and Affective Trust
Tunku Abdul Rahman
University College,
Malaysia
14.00– 14.12 Te-Tsai Lu A Study of the Effect of Learning
Outcomes of the Five Practical Methods
of Entrepreneurship Education
Kun Shan University,
Tainan, Taiwan
14.12 – 14.24 Tony Leong Weng
Beng
Rajendran
Muthuveloo
The Influence of Personality Traits and
Employee Development on the Job
Performance of Engineers in Malaysia
Universiti Sains Malaysia,
Penang, Malaysia
14.24 – 14.36 I Gede Adiputra
Henryanto Wijaya
Azhar Affandi
The Influence of Corporate Social
Responsibility, Managerial Ownership
and Firm Sizes on Firm Performance:
Evidences from Manufacturing
Companies in Indonesia
Universitas Tarumanagara,
Jakarta, Indonesia
Pasundan University,
Bandung, Indonesia
ICEBM 2019 Page 17 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 1
Time : 13.00 – 15.12
Session Chair : Assoc Prof. Dr. Kwek Choon Ling
Time Authors Title Institutions
14.36 - 14.48 Frangky Selamat
Mei Ie
Jhanghiz Syahrivar
Chairy Chairy
Why I Should Run My Own Business: A
Study on Women Entrepreneur’s
Motivation and Business Success in
Indonesia
Universitas Tarumanagara,
Jakarta, Indonesia
Corvinus University of
Budapest, Hungary
President University,
Indonesia 14.48 – 15.00 Hetty Karunia
Tunjungsari
Katja Eisen
Natascha Stroebelle
Skincare Product Survey: Indonesia vs.
Germany
Universitas Tarumanagara,
Jakarta, Indonesia
University Heilbronn,
Reinhold-Würth
Hochschule, Germany
ICEBM 2019 Page 18 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 2
Time : 13.00 – 15.12
Session Chair : Dr. Alex Chen Yi - Chang
Time Authors Title Institutions
13.00 – 13.12 Chi-Wen Huang
Chin-Chiuan Lin
Case Study of Moderating Effect of
Customer Characteristics on Relationship
between Service Quality, Customer
Satisfaction and Customer Loyalty
General Manager of Pin Yi
Technology Co., Ltd,
Tainan, Taiwan
Kun Shan University,
Tainan, Taiwan
13.12 – 13.24 Choong Kian Chong
Salmi Mohd Isa
Building Your Brand Through Social
Media How Communication Works
Wonder & Money
Universiti Sains Malaysia,
Penang, Malaysia
13.24 – 13.36 Yayuk Sriayudha
Ade Octavia
Sigit Indrawijaya
Entrepreneurial Orientation and Market
Orientation in Business Performance of
SMEs : an Exploration of
the Impact on E-commerce Adoption
Universitas Jambi, Jambi,
Indonesia
13.36 – 13.48 Lee, Li-Yueh
Nguyen, Phuoc-
Thien
The Effects of Expatriate’s Cross-
Cultural Competence, Work-role
Demand on Expatriate Adjustment and
Performance: A Meta-Analysis
Approach.
Kun Shan University,
Tainan, Taiwan
Nanhua University, Taiwan
13.48 – 14.00 Pei-Fang Tsai
Yi-Chang Chen
Yu-Ming Cheng
The Preliminary Exploration of
Competency for Community
Revitalization - Taking Rural Young as
Samples
Kun Shan University,
Tainan, Taiwan
14.00– 14.12 Yi-Chang Chen
Hui-Ho Lee
The Effects of Website Content and
Trust on Online Purchasing Intention of
Agricultural Products
Kun Shan University,
Tainan, Taiwan
14.12 – 14.24 Phuah Kit Teng
Khoong Tai Wai
Ow Mun Waei
Tey Sheik Kyin
Why They Buy? Fighting Obesity
through Consuming Natural Functional
Food
Tunku Abdul Rahman
University College,
Malaysia
Faculty of Business, Finance
and Hospitality
MAHSA University,
Malaysia
ICEBM 2019 Page 19 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 2
Time : 13.00 – 15.12
Session Chair : Dr. Alex Chen Yi - Chang
Time Authors Title Institutions
14.24 – 14.36 Shieunt-Han Tsai The Influence to Quality of Life
When Tech Meets Handmade Goods and
Service
Kun Shan University,
Tainan, Taiwan
14.36 - 14.48 Nuryasman MN
Kartika Nuringsih
The Best Model for Predicting Tourist to
Kalibiru
Universitas Tarumanagara,
Jakarta, Indonesia
14.48 – 15.00 Elizabeth Sugiarto D
MF Djeni Indrajati
Stakeholders Perception of Earning
Management and Its Effect on the
Quality of Accounting Information
Universitas Tarumanagara,
Jakarta, Indonesia
15.00 – 15.12 M. Tony Nawawi
Rodhiah
SWOT Analysis of Batik Jambi SMEs Universitas Tarumanagara,
Jakarta, Indonesia
ICEBM 2019 Page 20 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 3
Time : 13.00 – 15.12
Session Chair : Dr. Linda Lin – Chin Lin
Time Authors Title Institutions
13.00 – 13.12 Chen, Hui-Chuan
Lu,Te-Tsai
An Innovative Business Model of
Chinese Herbal Medicine on Handmade
Tea Beverage Market in China
CEO of Tenergy Biotech
Co., Ltd., Tainan, Taiwan
Kun Shan University,
Tainan, Taiwan
13.12 – 13.24 Maria Delia M. Poot Credit and Collection Management
Practices, Credit Risk Management, and
Financial Performance of Private Higher
Educational Institutions (HEIs)
in the Philippines: Basis for Continuous
Improvement
De La Salle Lipa, Lipa City,
Philippines
13.24 – 13.36 Bryan Teoh Phern
Chern
Fauziah Binti Sh,
Ahmad
Assessing the Impact of Business Model
Innovation, Firm Characteristics and
External Collaboration on Food Outlets
Performance in Malaysia
Tunku Abdul Rahman
University College, Kuala
Lumpur, Malaysia
Universiti Teknologi
Malaysia, Kuala Lumpur,
Malaysia
13.36 – 13.48 Chintya Ones Charli
Bayu Pratama Azka
Robby Dharma
Dori Mittra Candana
The Effect of Afective Commitments,
Violation of Psychological Contracts on
Organizational Citizenship Behavior
(ocb) with Locus of Control as an
Intervening Variable
Universitas Putra Indonesia
“YPTK”, Padang, West
Sumatera, Indonesia
13.48 – 14.00 Lin, LinChin Linda
Agustinus Purna
Irawan
Paula Tjatoerwidya
Anggarina
Zhang, Yu-Wen
The Relationship between Servant
Leadership and Job Satisfaction:
The Mediating Effect of Job
Empowerment
Kun Shan University,
Tainan, Taiwan
Universitas Tarumanagara,
Jakarta, Indonesia
ICEBM 2019 Page 21 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 3
Time : 13.00 – 15.12
Session Chair : Dr. Linda Lin - Chin Lin
Time Authors Title Institutions
14.00– 14.12 Lin, Lin Chin Linda
Agustinus Purna
Irawan
Paula Tjatoerwidya
Anggarina
Chou, Li-Feng
Hung, chun-Ping
The Relationship between Moral
Leadership and Organizational
Citizenship Behavior: The Mediating
Effect of Job Satisfaction
Kun Shan University,
Tainan, Taiwan
Universitas Tarumanagara,
Jakarta, Indonesia
14.12 – 14.24 Wei-Ting Yvonne
Foung
Yi-Shien Yeh
Bih-Shiaw Jaw
Talent Management Model in the Digital
Age: Strategic Internal Entrepreneurship
Mechanism
Chairman of ECAIC
integrated Consulting Co.,
Ltd., Taichung, Taiwan
Institute of Human Resource
Management, National Sun
Yat-Sen University,
Kaohsiung, Taiwan
14.24 – 14.36 Oey Hannes Widjaya
Herlina Budiono
Hendra Wiyanto
The Effect of Leadership Attitude on Job
Satisfaction Through Burnout in HWI
Lindeteves Shops
Universitas Tarumanagara,
Jakarta, Indonesia
14.36 - 14.48 Kartika Nuringsih
Nuryasman M
Cokki
Fostering Sustainability Advantage on
Rural Tourism Destination at Kulon
Progo, Yogyakarta
Universitas Tarumanagara,
Jakarta, Indonesia
14.48 – 15.00 Hetty Karunia
Tunjungsari
Laura Albrecht
Helen Kirsammer
Understanding Travel Behavior Between
Indonesian and Germany
Universitas Tarumanagara,
Jakarta, Indonesia
University Heilbronn,
Reinhold-Würth Hochschule,
Germany
ICEBM 2019 Page 22 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 4
Time : 13.00 – 15.12
Session Chair : Nico Alexander
Time Authors Title Institutions
13.00 – 13.12 Muhammad
Sholahuddin
Adi Parkawati
A Comparative Study of Financial
Performance of Registered Companies in
the Jakarta Islamic Index (JII) Before
and After Implementation of IFRS
Accounting Standards
Universitas Muhammadiyah
Surakarta, Surakarta,
Indonesia
13.12 – 13.24 Sigit Sanjaya
Ronni Andri Wijaya
Yulasmi
The Effect of Destination Image on
Tourist Satisfaction and Destination
Loyalty: Bukittinggi City, West Sumatra
Universitas Putra Indonesia
“YPTK” Padang, West
Sumatera, Indonesia
13.24 – 13.36 Abror Abror
Dina Patrisia
Yunita Engriani
Service Quality and Shariah Banks’
Customer Loyalty in Indonesia: The
Mediating Role of Customer Satisfaction
Universitas Negeri Padang,
Padang, Indonesia
13.36 – 13.48 Sitti Rizki Mulyani
Darma Syahrullah
Eka Jaya
Yani Fitriyanti
Desi Permata Sari
The Effect of Age, Family as Board of
Commissioners, and Busy Board of
Commissioners on Company Value
Universitas Putra Indonesia
“YPTK”, Padang, Indonesia
13.48 – 14.00 Muhammad Ridwan,
M. Afuan
Rio Andhika Putra
Nora Putri Ayu
Board of Commisionaires Diversity and
Stock Return:
An Influence Study on Nationality,
Gender and Education Background
Universitas Putra Indonesia
“YPTK”, Padang, Indonesia
14.00– 14.12 Silvy Christina
Nico Alexander
The Effect of Financial Distress and
Corporate Governance on Earnings
Management
Trisakti School of
Management, Jakarta,
Indonesia 14.12 – 14.24 Astuti Purnamawati
Jody Bintang
Hudaya
The Effect of Regional Financial Ratios
to Human Development Index
(Empirical Study of District / Cities in
Central Java Province 2012-2017)
YKPN Business School
Yogyakarta, Indonesia
14.24 – 14.36 Robby Dharma,
Letnan dalimunthe
Arbiuddin Syahputra
Hakin Harahap
Susriyanti
Sartika Putri
Influence of Return on Equity, Growth,
and Size on Company Values with
Capital Structure as Control Variables
Universitas Putra Indonesia
“YPTK”, Padang, Indonesia
14.36 - 14.48 Ishak Ramli Determinants of Exchange Rate
Volatility
Universitas Tarumanagara,
Jakarta, Indonesia 14.48 – 15.00 Estralita Trisnawati,
Herlina Budiono
The Effect of Intellectual Capital on Tax
Avoidance Period Before and After Tax
Amnesty
Universitas Tarumanagara,
Jakarta, Indonesia
15.00 – 15.12 Henryanto Wijaya
Stefanus Adhitya
Hadi Cahyadi
Susanto Salim
Factors Affecting Earning Response
Coefficient with Profitability as
Moderation in Manufacturing Companies
Universitas Tarumanagara,
Jakarta, Indonesia
ICEBM 2019 Page 23 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 1
Time : 15.30 – 17.42
Session Chair : Dr. Elfiswandi
Time Authors Title Institutions
15.30 – 15.42 Rosyeni Rasyid
Erni Masdupii
Muthia Roza Linda
Financial Inclusion in Rural MSMEs`: a
Swot Analysis
Universitas Negeri Padang,
Padang , Indonesia
15.42 – 15.54 Della Asmaria Putri
Emil Salim
Vicky Brama
Kumbara
Elfiswandi
The Effects of Price Discount, Bonus
Pack and in-store Display on Impulse
Buying at the Supermarket
Universitas Putra Indonesia
“YPTK” Padang, West
Sumatera, Indonesia
15.54 - 16.06 Nuning Kristiani
Ni Wayan Lasmi
Pipiyanti
The Influence of Content Influencer
Marketing on Consumer Attitudes to
Brands
(Case Study on Skinny Indonesian 24 in
Bukalapak E-commerce Company)”
STIE YKPN, Yogyakarta,
Indonesia
16.06 – 16.18 Marta Widian Sari
Vivi Nila Sari
Sitti Rizki Mulyani
Yosi Aifa Putri
Andri Novrianto
Employee Performance Model in the
Public Works and Spatial Planning
Office of West Sumatra Province
Universitas Putra Indonesia
“YPTK”, Padang, Indonesia
16.18 – 16.30 Ramdani Bayu Putra
Elfiswandi
Hasmaynelis Fitri
Neni Sri Wahyu
Nengsih
Effect of Business Knowledge and Self
Confidence on Business Performance
With Business Innovation as a Mediating
Variable on SMEs In Padang City
Universitas Putra Indonesia
YPTK, Padang, Indonesia
16.30 – 16.42 Vivi Nila Sari
Sitti Rizki Mulyani
Marta Widian Sari
Erwin Hotmansyah
Harahap
The Role of Responsiveness to
Organizational Performance
University of Putra
Indonesia “YPTK” Padang,
Indonesia
16.42 – 16.54 Ignatius Roni
Setyawan
Comparing the Benefits of International
Diversification Using Industrial
Correlation and Non-Systematic Risk
Universitas Tarumanagara,
Jakarta, Indonesia
16.54 – 17.06 Maya Malinda
Asni Harianti
Miki Tjandra
Meryana
Analysis of Effectiveness Financial
Education for Small Medium Enterprise
to Increase Financial Literate
(Premilinary study: Small Business
Enterprise in Bandung )
Universitas Kristen
Maranatha, Bandung,
Indonesia
ICEBM 2019 Page 24 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 1
Time : 15.30 – 17.42
Session Chair : Dr. Elfiswandi
Time Authors Title Institutions
17.06 – 17.18 Maya Malinda
Miki Tjandra
Asni Harianti
Olivia Vania Olius
Analysis of Effectiveness Financial
Education for Student in Higher
Education to Increase Financial Literate
(Case study: Financial Planning Class in
Maranatha Christian University
Universitas Kristen
Maranatha, Bandung,
Indonesia
17.18 – 17.30 Sarwo Edy Handoyo
Herlin Tundjung
Setijaningsih
Usage of Investment Assessment and
Decision Systems: The Impact of
Investor Characteristics
Universitas Tarumanagara,
Jakarta, Indonesia
17.30 – 17.42 Rousilita Suhendah
Nathania
Investment Decision : The Case of
Indonesian Manufacturing Companies
Universitas Tarumanagara,
Jakarta, Indonesia
ICEBM 2019 Page 25 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 2
Time : 15.30 – 17.42
Session Chair : Nikodemus Hans Setiadi Wijaya, Ph.D
Time Authors Title Institutions
15.30 – 15.42 Conny Tjandra
Rahardja
Tiara Nur Anisah
Green Paradox by Gender STIE YKPN School of
Business, Yogyakarta,
Indonesia
15.42 – 15.54 Nikodemus Hans
Setiadi Wijaya
Team Social Exchange Perspective of
Employee Job Satisfaction
STIE YKPN, Yogyakarta,
Indonesia
15.54 - 16.06 Muthia Roza Linda
Gesit Thabrani
Firman
The Role of Human Capital and
Knowledge Management on Innovation
Universitas Negeri Padang,
Padang, Indonesia
16.06 – 16.18 Ietje Nazaruddin
Hafiez Sofyani
Sri Rezki Hayati
Erni Suryaningrum
Caesar Marga Putri
Lecturers' Perception of the Purpose of
Performance Evaluation System
Universitas Muhammadiyah
Yogyakarta, Yogyakarta,
Indonesia
16.18 – 16.30 Loh Chun Hong
Teoh Ai Ping
The Impact of Big Data Analytics
Adoption on Performance of Malaysian
Small Medium Enterprises
Cipli Hardware Sdn Bhd,
TBP314 Lorong Kubor Off,
12200 Butterworth Penang
Malaysia
Universiti Sains Malaysia,
Penang, Malaysia
16.30 – 16.42 Wisnu Prajogo
Heni Kusumawati
Nikodemus Hans
Setiadi Wijaya
The Relationship among Organizational
Cynicism, Employee Procrastination,
Intention to Leave, and in-Role
Performance
STIE YKPN School of
Business, Yogyakarta,
Indonesia
16.42 – 16.54 Sry Rosita
Edward
Fitri Widiastuti
Psychological Contract in Improving
Human Resources Strategy with
Organizational Culture as a
Mediator Variable
Fakultas Ekonomi dan
Bisnis Universitas Jambi,
Jambi, Indonesia
16.54 – 17.06 Poorni Sakrabani
Ai Ping, Teoh
The Influence of Technology Factors on
Retail 4.0 Adoption in Malaysia
Universiti Sains Malaysia,
Penang, Malaysia
17.06 – 17.18 Syanti Dewi
Nataherwin
The Effect of Leverage, Sales Growth,
Firm Size, Corporate Social
Responsibility Disclosure on Earnings
Response Coefficient
Universitas Tarumanagara,
Jakarta, Indonesia
17.18 – 17.30 Nia Widyanti
Widyasari Widya Factors Affecting Free Cash Flow with
Dividend Policy as Mediation Variables
Universitas Tarumanagara,
Jakarta, Indonesia
17.30 - 17.42 Elsa Imelda
Yenyen Hendris
The Effect of Organization
Characteristics to Whistleblowing
Behavior for Identifying Fraud
Universitas Tarumanagara,
Jakarta, Indonesia
ICEBM 2019 Page 26 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 3
Time : 15.30 – 17.42
Session Chair : Dr. Melitina Tecualu
Time Authors Title Institutions
15.30 – 15.42 Irine Herdjiono
Gerzon Maulany
Benediktus Elnath
Aldy
Fitriani
Designing an Entrepreneurial University
Model with Social Cognitive Theory
Approach
Musamus University,
Indonesia
Atmajaya Catholic
University, Jakarta,
Indonesia
15.42 – 15.54 Riza Yonita
Sutiyem
Muthia Roza Linda
Intellectual Capital and Knowledge
Management on Business Performance
Universitas Putra Indonesia
“YPTK”, Padang, Indonesia
15.54 - 16.06 Lusiana
Nila Pratiwi
Zefriyenni
Rio Andhika Putra
Winda Fierza
Vironica
The Effect of Multiple Directorship,
Tenure, and Age of Board of Directors
on Corporate Value
Universitas Putra Indonesia
“YPTK”, Padang, Indonesia
16.06 – 16.18 Emil Salim
Nanik Istianingsih
Harkamsyah
Andrianof
Hanna Pratiwi
West Sumatra MSMEs Strategy
in Facing Competition in the 4.0
Industrial Revolution Using SWOT
Analysis
Universitas Putra Indonesia
“YPTK”, Padang, Indonesia
16.18 – 16.30 Fidela sadikin
Melitina
Eka Dessy
The Effect of Servant Leadership and
Work Engagement on
Organizational Citizenship Behavior
Mediated by Organizational
Commitment on Volunteers in Abbalove
Ministries Church
Krida Wacana Christian
University, Jakarta,
Indonesia
16.30 – 16.42 Sonata Christian
Trianggoro
Wiradinata
Christian Herdinata
Auditia Setiobudi
Environmental Factors Affecting The
Acceleration Adoption of Financial
Technology (Fintech) by SMEs in the
East Java Region
Ciputra University,Surabaya,
Indonesia
16.42 – 16.54 Yemima Amitay
Hery Winoto, Tj
Saparso
Soegeng Wahyoedi
The Impact of Celebgram Endorsement
on Purchase Intention: The Mediating
Effects of Customer Attitude and Brand
Awareness
Krida Wacana Christian
University, Jakarta ,
Indonesia
ICEBM 2019 Page 27 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 3
Time : 15.30 – 17.42
Session Chair : Dr. Melitina Tecualu
Time Authors Title Institutions
16.54 – 17.06 Jhanghiz Syahrivar
Hetty Karunia
Tunjungsari
Frangky Selamat
Chairy
Factors Influencing Career Choice in
Islamic Multilevel Marketing: The
Mediating Role of Company Credibility
Corvinus University of
Budapest, Budapest,
Hungary
Universitas Tarumanagara,
Jakarta, Indonesia
President University, Bekasi,
Indonesia
17.06 – 17.18 Khairina Natsir
Yusbardini
The Influences of Capital Structure and
Firm Size to Firm Value through
Profitability as Intervening Variable
Universitas Tarumanagara,
Jakarta, Indonesia
17.18 – 17.30 Michelle Kristian The Impact of the Usage of Computer
Assisted Audit Technique, Professional
Ethics, and Motivation on the Auditor
Performance
Universitas Tarumanagara,
Jakarta, Indonesia
ICEBM 2019 Page 28 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 4
Time : 15.30 – 17.42
Session Chair : Dr. Chin Mui Yin
Time Authors Title Institutions
15.30 – 15.42 Mui- Yin Chin
Ho-Char-Fei Theresa
Poh-Chuin Teo
Chu-Le Chong
Chew- Keong Wai
Belt & Road Initiative: A Study from
Malaysian SMEs’ Perspective
Tunku Abdul Rahman
University College, Malaysia
Azman Hashim International
Business School, University
Technology Malaysia,
Malaysia
15.42 – 15.54 Kii-Geat Johan Lim
Poh-Chuin Teo
Lim Zheng Yang
The Impact of Innovation on
Competitiveness Of Smartphone Industry
in China
Tunku Abdul Rahman
University College,
Malaysia
Azman Hashim International
Business School, Universiti
Teknologi Malaysia,
Malaysia
15.54 - 16.06 Fitri Yeni
Zerni Melmusi
Esti Wulandar
Desi Ilona
The Effect of Board of Directors
Characteristics on Company Value
Universitas Putra Indonesia,
YPTK, Padang, Indonesia
16.06 – 16.18 Hilda Mary
Hanna Pratiwi
Chyntia Loren
Desi Ilona
Ethnic, Skill, Qualification Diversity of
Board of Commissioners and Stock
Performance
Universitas Putra Indonesia,
YPTK, Padang, Indonesia
16.18 – 16.30 Miharni
Tjokrosaputro
Cokki
The Role of Social Influence towards
Purchase Intention with Value
Perception as a Mediator: A Study on
Starbucks as an Environmentally
Friendly Product
Universitas Tarumanagara,
Jakarta, Indonesia
16.42 – 16.54 Erika Jimena Arilyn
The Efffect of Profitability, Liquidity,
Tangibility, Firm Size, and Asset
Turnover toward Capital Structure in
Chemical Industry Listed in Indonesia
Stock Exchange From 2014 to 2018
Trisakti School of
Management, Jakarta,
Indonesia
16.54 – 17.06 Vita Briliana
Tita Deitiana
Wasisto Ruswidiono
Attitudes toward Mobile App Payment
Systems: A Case Study Among
Indonesian Millennials.
Trisakti School of
Management, Jakarta,
Indonesia
17.06 – 17.18 Andreas Bambang
Daryatno
Linda Santioso
The Effect of Accounting Conservatism,
Leverage, Growth Opportunities, and
Cash and Liquids to Corporate
Investment in Manufacture Firms Listed
in Indonesia Stock Exchange
Universitas Tarumanagara,
Jakarta, Indonesia
ICEBM 2019 Page 29 Kuala Lumpur, Malaysia
PARALLEL SESSION SCHEDULE
Thursday, November 7th, 2019
Room : Conference Room 4
Time : 15.30 – 17.42
Session Chair : Dr. Chin Mui Yin
Time Authors Title Institutions
17.18 – 17.30 Margarita Ekadjaja
Agustin Ekadjaja
Halim Putera
Siswanto
Determinants of the Policy to Use
Leverage Among Manufacturing
Firms in Indonesia
Universitas Tarumanagara,
Jakarta, Indonesia
17.30 – 17.42 Keni Keni
Lerbin R. Aritonang
R
Ary Satria
Pamungkas
Designing Consumer Intention Index Universitas Tarumanagara,
Jakarta, Indonesia
ICEBM 2019 Page 30 Kuala Lumpur, Malaysia
ICEBM 2019 Page 30 Kuala Lumpur, Malaysia
Book of Abstracts
International Conference on Entrepreneurship and
Business Management
(ICEBM 2019)
UNTAR
KUALA LUMPUR – MALAYSIA
ICEBM 2019 Page 31 Kuala Lumpur, Malaysia
Book of Abstracts
International Conference on Entrepreneurship and
Business Management
(ICEBM 2019)
Editor in Chief:
Keni
Editorial Board:
Cokki
Ida Puspitowati
Hetty Karunia T
Lin Tian
Teoh Ai Ping
Publisher:
Undergraduate Program – Management Department
Faculty of Economics and Business
Universitas Tarumanagara
Jl. Tanjung Duren Utara No. 1 Grogol, Jakarta Barat
Tel +62215655509-10 ext. 210
Faks +62215655521
Email: [email protected]
ICEBM 2019 Page 32 Kuala Lumpur, Malaysia
PREFACE
Digital disruption has become a reality for most organizations nowadays. Companies
can create new markets or leverage the power of information to offer solutions in new ways.
However, limited efforts have been done to provide an understanding on how
entrepreneurship and business management will be affected by such digital disruption. With a
conference theme “The Challenge for Entrepreneurship and Business Management in Digital
Disruption Era”, The 8th ICEBM aims to provide opportunities for academics, professionals,
policy-makers, and practitioners from various fields to present their research and views, while
interacting with members inside and outside of their disciplines.
This year, we receive 94 paper submissions from Indonesia, Malaysia, Taiwan,
Hungaria, Philippine, and Germany. Papers submitted were being double-blinded review by
The ICEBM Scientific Committee consisting of 42 reviewers coming from 16 different
academic institutions and 6 countries. A total of 85 out of 94 papers were accepted. All
papers accepted will be published in the Conference Proceedings and will be submitted for
further indexation to Web of Science (WoS).
Last but not least, we wish to express our sincerest gratitude to all parties that have
supported this event: Co-Host Universities, Organizing Committee, Sponsors, and as well as
all fellow researchers for their tireless contributions in science. Let us be the part that disrupts
and not disrupted. Thank you. We wish you all the good experience during the conference.
ICEBM 2019 Page 33 Kuala Lumpur, Malaysia
TABLE OF CONTENT
HEART COUNT: OPTIMIZING PERFORMANCE FOR BUSINESS
SUSTAINABILITY IN DIGITAL ERA Rajendran Muthuveloo, Teoh Ai Ping
40
FACTORS INFLUENCING CAREER CHOICE IN ISLAMIC MULTILEVEL
MARKETING: THE MEDIATING ROLE OF COMPANY CREDIBILITY Jhanghiz Syahrivar, Hetty Karunia Tunjungsari, Frangky Selamat, and Chairy
41
PSYCHOLOGICAL CONTRACT IN IMPROVING HUMAN RESOURCES
STRATEGY WITH ORGANIZATIONAL CULTURE AS A MEDIATOR VARIABLE Sry Rosita, Edward , and Fitri Widiastuti
41
THE MODERATING EFFECT OF KAIZEN CULTURE ON THE RELATIONSHIP
BETWEEN INNOVATION AND OPERATIONAL PERFORMANCE Siew Mui Kong and Rajendran Muthuveloo
42
DEVELOPING AN INNOVATION MANAGEMENT TEACHING MODEL
Tai-Ho Yang and Chin-Chiuan Lin
42
CASE STUDY OF MODERATING EFFECT OF CUSTOMER CHARACTERISTICS
ON RELATIONSHIP BETWEEN SERVICE QUALITY, CUSTOMER
SATISFACTION AND CUSTOMER LOYALTY Chi-Wen Huang and Chin-Chiuan Lin
43
AN INNOVATIVE BUSINESS MODEL OF CHINESE HERBAL MEDICINE ON
HANDMADE TEA BEVERAGE MARKET IN CHINA Chen, Hui-Chuan and Lu,Te-Tsai
43
A STUDY OF THE EFFECT OF LEARNINGOUTCOMES OF THE FIVE
PRACTICAL METHODS OF ENTREPRENEURSHIP EDUCATION Te-Tsai Lu
44
THE EFFECTS OF EXPATRIATE’S CROSS-CULTURAL COMPETENCE, WORK-
ROLE DEMAND ON EXPATRIATE ADJUSTMENT AND PERFORMANCE: A
META-ANALYSIS APPROACH Lee, Li-Yueh, Nguyen, Phuoc-Thien2
44
BUILDING YOUR BRAND THROUGH SOCIAL MEDIA HOW COMMUNICATION
WORKS WONDER & MONEY Choong Kian Chong and Salmi Mohd Isa
45
THE INFLUENCE OF PERSONALITY TRAITS AND EMPLOYEE DEVELOPMENT
ON THE JOB PERFORMANCE OF ENGINEERS IN MALAYSIA Tony Leong Weng Beng and Rajendran Muthuveloo
45
A COMPARATIVE STUDY OF FINANCIAL PERFORMANCE OF REGISTERED
COMPANIES IN THE JAKARTA ISLAMIC INDEX (JII) BEFORE AND AFTER
IMPLEMENTATION OF IFRS ACCOUNTING STANDARDS Muhammad Sholahuddin and Adi Parkawati
46
THE EFFECT OF BOARD OF DIRECTORS CHARACTERISTICS ON COMPANY
VALUE Fitri Yeni, Zerni Melmusi, Esti Wulandari, and Desi Ilona
46
ICEBM 2019 Page 34 Kuala Lumpur, Malaysia
ETHNIC, SKILL, QUALIFICATION DIVERSITY OF BOARD OF
COMMISSIONERS AND STOCK PERFORMANCE Hilda Mary, Hanna Pratiwi, Chyntia Loren, Desi Ilona
47
THE EFFECT OF DESTINATION IMAGE ON TOURIST SATISFACTION AND
DESTINATION LOYALTY: BUKITTINGGI CITY, WEST SUMATRA Sigit Sanjaya, Ronni Andri Wijaya, and Yulasmi
47
THE EFFECT OF AGE, FAMILY AS BOARD OF COMMISSIONERS, AND BUSY
BOARD OF COMMISSIONERS ON COMPANY VALUE Sitti Rizki Mulyani, Darma Syahrullah Eka Jaya, Yani Fitriyanti and Desi Permata Sari
48
EFFECT OF BUSINESS KNOWLEDGE AND SELF CONFIDENCE ON BUSINESS
PERFORMANCE WITH BUSINESS INNOVATION AS A MEDIATING VARIABLE
ON SMES IN PADANG CITY Ramdani Bayu Putra, Elfiswandi, Hasmaynelis Fitri, and Neni Sri Wahyu Nengsih
48
THE EFFECTS OF PRICE DISCOUNT, BONUS PACK AND IN-STORE DISPLAY
ON IMPULSE BUYING AT THE SUPERMARKET Della Asmaria Putri, Emil Salim, Vicky Brama Kumbara, and Elfiswandi
49
THE EFFECT OF MULTIPLE DIRECTORSHIP, TENURE, AND AGE OF BOARD
OF DIRECTORS ON CORPORATE VALUE
Lusiana, NilaPratiwi, Zefriyenni, Rio Andhika Putra, and Winda Fierza Vironica
49
THE INFLUENCE TO QUALITY OF LIFE WHEN TECH MEETS HANDMADE
GOODS AND SERVICE Shieunt-Han Tsai
50
THE QUALITATIVE STUDY OF SMALL FIRM’S COMPETITIVE ADVANTAGE
COMPETENCIES IN LAOS’TOURISM INDUSTRY Cheng-Lung Li, and Sommanoxay SOULIVANH
50
BOARD OF COMMISIONAIRES DIVERSITY AND STOCK RETURN: AN
INFLUENCE STUDY ON NATIONALITY, GENDER AND EDUCATION
BACKGROUND Muhammad Ridwan, M. Afuan, Rio Andhika Putra, and Nora Putri Ayu
51
THE INFLUENCE OF CORPORATE SOCIAL RESPONSIBILITY, MANAGERIAL
OWNERSHIP AND FIRM SIZES ON FIRM PERFORMANCE: EVIDENCES FROM
MANUFACTURING COMPANIES IN INDONESIA I Gede Adiputra, Henryanto Wijaya, and Azhar Affandi
51
THE IMPACT OF BIG DATA ANALYTICS ADOPTION ON PERFORMANCE OF
MALAYSIAN SMALL MEDIUM ENTERPRISES Loh Chun Hong1, Teoh Ai Ping2
52
THE ROLE OF RESPONSIVENESS TO ORGANIZATIONAL PERFORMANCE Vivi Nila Sari , Sitti Rizki Mulyani, Marta Widian Sari, and Erwin Hotmansyah Harahap
52
THE EFFECT OF FINANCIAL DISTRESS AND CORPORATE GOVERNANCE ON
EARNINGS MANAGEMENT Silvy Christina and Nico Alexander
53
ICEBM 2019 Page 35 Kuala Lumpur, Malaysia
FOSTERING SUSTAINABILITY ADVANTAGE ON RURAL TOURISM
DESTINATION AT KULON PROGO, YOGYAKARTA Kartika Nuringsih, Nuryasman MN, and Cokki
53
ANALYSIS OF EFFECTIVENESS FINANCIAL EDUCATION FOR SMALL
MEDIUM ENTERPRISE TO INCREASE FINANCIAL LITERATE (PREMILINARY
STUDY: SMALL BUSINESS ENTERPRISE IN BANDUNG) Maya Malinda, Asni Harianti, Miki Tjandra, and Meryana
54
ANALYSIS OF EFFECTIVENESS FINANCIAL EDUCATION FOR STUDENT IN
HIGHER EDUCATION TO INCREASE FINANCIAL LITERATE (CASE STUDY:
FINANCIAL PLANNING CLASS IN MARANATHA CHRISTIAN UNIVERSITY) Maya Malinda, Miki Tjandra, Asni Harianti, and Olivia Vania Olius
54
THE EFFECT OF SERVANT LEADERSHIP AND WORK ENGAGEMENT ON
ORGANIZATIONAL CITIZENSHIP BEHAVIOR MEDIATED BY
ORGANIZATIONAL COMMITMENTON VOLUNTEERS IN ABBALOVE
MINISTRIES CHURCH Fidela Sadikin, Melitina, Eka Dessy
55
THE INFLUENCE OF TECHNOLOGY FACTORS ON RETAIL 4.0 ADOPTION IN
MALAYSIA Poorni Sakrabani, and Ai Ping, Teoh
55
ENTREPRENEURIAL ORIENTATION AND MARKET ORIENTATION IN
BUSINESS PERFORMANCE OF SMEs: AN EXPLORATION OF THE IMPACT ON
E-COMMERCE ADOPTION Yayuk Sriayudha, Ade Octavia, and Sigit Indrawijaya
56
ASSESSING THE IMPACT OF BUSINESS MODEL INNOVATION, FIRM
CHARACTERISTICS AND EXTERNAL COLLABORATION ON FOOD OUTLETS
PERFORMANCE IN MALAYSIA Bryan Teoh Phern Chern and Fauziah Binti Sh, Ahmad
56
BELT & ROAD INITIATIVE: A STUDY FROM MALAYSIAN SMEs’ PERSPECTIVE Mui- Yin Chin, Ho-Char-Fei Theresa, Poh-Chuin Teo, Chu-Le Chong, and Chew- Keong Wai
57
THE IMPACT OF INNOVATION ON COMPETITIVENESS OF SMARTPHONE
INDUSTRY IN CHINA Kii-Geat Johan Lim, Poh-Chuin Teo, and Lim Zheng Yang
57
THE IMPACT OF THE USAGE OF COMPUTER ASSISTED AUDIT TECHNIQUE,
PROFESSIONAL ETHICS, AND MOTIVATION ON THE AUDITOR
PERFORMANCE Michelle Kristian
58
THE ROLE OF SOCIAL INFLUENCE TOWARDS PURCHASE INTENTION WITH
VALUE PERCEPTION AS A MEDIATOR: A STUDY ON STARBUCKS AS AN
ENVIRONMENTALLY FRIENDLY PRODUCT Miharni Tjokrosaputro, and Cokki
58
THE EFFECT OF INTELLECTUAL CAPITAL ON TAX AVOIDANCE
PERIOD BEFORE AND AFTER TAX AMNESTY Estralita Trisnawati, and Herlina Budiono
59
ICEBM 2019 Page 36 Kuala Lumpur, Malaysia
WHY I SHOULD RUN MY OWN BUSINESS: A STUDY ON WOMEN
ENTREPRENEUR’S MOTIVATION AND BUSINESS SUCCESS IN INDONESIA Frangky Selamat, Mei Ie, Jhanghiz Syahrivar, and Chairy Chairy
59
TALENT MANAGEMENT MODEL IN THE DIGITAL AGE: STRATEGIC
INTERNAL ENTREPRENEURSHIP MECHANISM Wei-Ting Yvonne Foung, Yi-Shien Yeh, and Bih-Shiaw Jaw
60
INVESTMENT DECISION: THE CASE OF INDONESIAN MANUFACTURING
COMPANIES Rousilita Suhendah, and Nathania
60
DESIGNING AN ENTREPRENEURIAL UNIVERSITY MODEL WITH SOCIAL
COGNITIVE THEORY APPROACH Irine Herdjiono, Gerzon Maulany, Benediktus Elnath Aldy, and Fitriani
61
THE INFLUENCES OF CAPITAL STRUCTURE AND FIRM SIZE TO FIRM VALUE
THROUGH PROFITABILITY AS INTERVENING VARIABLE Khairina Natsir, and Yusbardini
61
THE EFFECT OF ORGANIZATION CHARACTERISTICS TO WHISTLEBLOWING
BEHAVIOR FOR IDENTIFYING FRAUD Elsa Imelda, and Yenyen Hendris
62
THE EFFECT OF AFECTIVE COMMITMENTS, VIOLATION OF
PSYCHOLOGICAL CONTRACTS ON ORGANIZATIONAL CITIZENSHIP
BEHAVIOR (OCB) WITH LOCUS OF CONTROL AS AN INTERVENING
VARIABLE Chintya Ones Charli, Bayu Pratama Azka, Robby Dharma, and Dori Mittra Candana
62
THE EFFECT OF ACCOUNTING CONSERVATISM, LEVERAGE, GROWTH
OPPORTUNITIES, AND CASH AND LIQUIDS TO CORPORATE INVESTMENT IN
MANUFACTURE FIRMS LISTED IN INDONESIA STOCK EXCHANGE Andreas Bambang Daryatno and Linda Santioso
63
FACTORS AFFECTING EARNING RESPONSE COEFFICIENT WITH
PROFITABILITY AS MODERATION IN MANUFACTURING COMPANIES
Henryanto Wijaya, Stefanus Adhitya, Hadi Cahyadi, and Susanto Salim
63
THE BEST MODEL FOR PREDICTING TOURIST TO KALIBIRU Nuryasman MN, Kartika Nuringsih
64
THE ROLE OF HUMAN CAPITAL AND KNOWLEDGE MANAGEMENT ON
INNOVATION Muthia Roza Linda, Gesit Thabrani, and Firman
64
FINANCIAL INCLUSION IN RURAL MSMEs: A SWOT ANALYSIS Rosyeni Rasyid, Erni Masdupii, and Muthia Roza Linda
65
LECTURERS' PERCEPTION OF THE PURPOSE OF PERFORMANCE
EVALUATION SYSTEM Ietje Nazaruddin, Hafiez Sofyani, Sri Rezki Hayati, Erni Suryaningrum, and Caesar Marga Putri
65
THE EFFECT OF LEADERSHIP ATTITUDE ON JOB SATISFACTION THROUGH
BURNOUT IN HWI LINDETEVES SHOPS Oey Hannes Widjaya, Herlina Budiono, and Hendra Wiyanto
66
ICEBM 2019 Page 37 Kuala Lumpur, Malaysia
CREDIT AND COLLECTION MANAGEMENT PRACTICES, CREDIT RISK
MANAGEMENT, AND FINANCIAL PERFORMANCE OF PRIVATE HIGHER
EDUCATIONAL INSTITUTIONS (HEIS) IN THE PHILIPPINES: BASIS FOR
CONTINUOUS IMPROVEMENT Maria Delia M.Poot
66
DETERMINANTS OF THE POLICY TO USE LEVERAGE AMONG
MANUFACTURING FIRMS IN INDONESIA Margarita Ekadjaja, Agustin Ekadjaja, and Halim Putera Siswanto
67
THE RELATIONSHIP BETWEEN SERVANT LEADERSHIP AND JOB
SATISFACTION: THE MEDIATING EFFECT OF JOB EMPOWERMENT Lin, Lin Chin Linda, Agustinus Purna Irawan, Paula Tjatoerwidya Anggarina, and Zhang, Yu-Wen
67
THE RELATIONSHIP BETWEEN MORAL LEADERSHIP AND
ORGANIZATIONAL CITIZENSHIP BEHAVIOR: THE MEDIATING EFFECT OF
JOB SATISFACTION Lin, LinChin Linda, Agustinus Purna Irawan , Paula Tjatoerwidya Anggarina, Chou, Li-Feng, and
Hung, chun-Ping
68
INTELLECTUAL CAPITAL AND KNOWLEDGE MANAGEMENT ON BUSINESS
PERFORMANCE Riza Yonita, Sutiyem, and MuthiaRoza Linda
68
ATTITUDES TOWARD MOBILE APP PAYMENT SYSTEMS: A CASE STUDY
AMONG INDONESIAN MILLENNIALS Vita Briliana, Tita Deitiana, and Wasisto Ruswidiono
69
STAKEHOLDERS PERCEPTION OF EARNING MANAGEMENT AND ITS EFFECT
ON THE QUALITY OF ACCOUNTING INFORMATION Elizabeth Sugiarto D, and MF Djeni Indrajati
69
DESIGNING CONSUMER INTENTION INDEX Keni Keni, Lerbin R. Aritonang R., and Ary Satria Pamungkas
70
FACTORS AFFECTING FREE CASH FLOW WITH DIVIDEND POLICY AS
MEDIATION VARIABLES Nia Widyanti and Nia, and Widyasari and Widya
70
COMPARING THE BENEFITS OF INTERNATIONAL DIVERSIFICATION USING
INDUSTRIAL CORRELATION AND NON-SYSTEMATIC RISK Ignatius Roni Setyawan
71
THE EFFECT OF LEVERAGE, SALES GROWTH, FIRM SIZE, CORPORATE
SOCIAL RESPONSIBILITY DISCLOSURE ON EARNINGS RESPONSE
COEFFICIENT Syanti Dewi and Syanti, and Nataherwin and Nata
71
SWOT ANALYSIS OF BATIK JAMBI SMEs M. Tony Nawawi, and Rodhiah
72
THE EFFECTS OF WEBSITE CONTENT AND TRUST ON ONLINE PURCHASING
INTENTION OF AGRICULTURAL PRODUCTS Yi-Chang Chen, and Hui-Ho Lee
72
ICEBM 2019 Page 38 Kuala Lumpur, Malaysia
SERVICE QUALITY AND SHARIAH BANKS’ CUSTOMER LOYALTY IN
INDONESIA: THE MEDIATING ROLE OF CUSTOMER SATISFACTION Abror Abror, Dina Patrisia, and Yunita Engriani
73
TEAM SOCIAL EXCHANGE PERSPECTIVE OF EMPLOYEE JOB SATISFACTION Nikodemus Hans Setiadi Wijaya
73
GREEN PARADOX BY GENDER Conny Tjandra Rahardja, and Tiara Nur Anisah
74
ENVIRONMENTAL FACTORS AFFECTING THE ACCELERATION ADOPTION
OF FINANCIAL TECHNOLOGY (FINTECH) BY SMEs IN THE EAST JAVA
REGION Sonata Christian, Trianggoro Wiradinata, Christian Herdinata, and Auditia Setiobudi
74
THE RELATIONSHIP AMONG ORGANIZATIONAL CYNICISM, EMPLOYEE
PROCRASTINATION, INTENTION TO LEAVE, AND IN-ROLE PERFORMANCE Wisnu Prajogo, Heni Kusumawati, and Nikodemus Hans Setiadi Wijaya
75
THE PRELIMINARY EXPLORATION OF COMPETENCY FOR COMMUNITY
REVITALIZATION- TAKING RURAL YOUNG AS SAMPLES Pei-Fang Tsai, Yi-Chang Chen ,and Yu-Ming Cheng
75
WEST SUMATRA MSMES STRATEGY IN FACING COMPETITION IN THE 4.0
INDUSTRIAL REVOLUTION USING SWOT ANALYSIS Emil Salim, Nanik Istianingsih, Harkamsyah Andrianof, and Hanna Pratiwi
76
THE EFFFECT OF PROFITABILITY, LIQUIDITY, TANGIBILITY, FIRM SIZE,
AND ASSET TURNOVER TOWARD CAPITAL STRUCTURE IN CHEMICAL
INDUSTRY LISTED IN INDONESIA STOCK EXCHANGE FROM 2014 TO 2018 Erika Jimena Arilyn
76
USAGE OF INVESTMENT ASSESSMENT AND DECISION SYSTEMS: THE
IMPACT OF INVESTOR CHARACTERISTICS Sarwo Edy Handoyo, and Herlin Tundjung Setijaningsih
77
DETERMINANTS OF EXCHANGE RATE VOLATILITY Ishak Ramli
77
THE EFFECT OF REGIONAL FINANCIAL RATIOS TO HUMAN DEVELOPMENT
INDEX (EMPIRICAL STUDY OF DISTRICT / CITIES IN CENTRAL JAVA
PROVINCE 2012-2017)
78
Astuti Purnamawati and Jody Bintang Hudaya
THE INFLUENCE OF CONTENT INFLUENCER MARKETING ON CONSUMER
ATTITUDES TO BRANDS (CASE STUDY ON SKINNY INDONESIAN 24 IN
BUKALAPAK E-COMMERCE COMPANY)” Nuning Kristiani, and Ni Wayan Lasmi Pipiyanti
78
INFLUENCE OF RETURN ON EQUITY, GROWTH, AND SIZE ON COMPANY
VALUES WITH CAPITAL STRUCTURE AS CONTROL VARIABLES Robby Dharma, Letnan dalimunthe, Arbiuddin Syahputra Hakin Harahap, Susriyanti, and Sartika Putri
Rahayu
79
ICEBM 2019 Page 39 Kuala Lumpur, Malaysia
EMPLOYEE PERFORMANCE MODEL IN THE PUBLIC WORKS AND SPATIAL
PLANNING OFFICE OF WEST SUMATRA PROVINCE Marta Widian Sari, Vivi Nila Sari, Sitti Rizki Mulyani, Yosi Aifa Putri, and Andri Novrianto
79
THE IMPACTS OF ONLINE COMMENTS AND BANDWAGON EFFECT ON THE
PERCEIVED CREDIBILITY OF THE INFORMATION IN THE SOCIAL
COMMERCE: THE MODERATING ROLE OF PERCEIVED ACCEPTANCE Choon Ling Kwek, Bi Lei, Lai Yan Leong, Michelle John A/P John Saggayam, and Ying Xue Peh
80
THE IMPACT OF NUMBER OF TRUSTED MEMBERS ON THE PERCEIVED
CREDIBILITY OF THE INFORMATION ON THE SOCIAL COMMERCE: THE
MEDIATING ROLES OF COGNITIVE TRUST AND AFFECTIVE TRUST
80
Choon Ling Kwek, Zhang Li, Ke Shin Yeow, Ng Ka Yee, and Thamilarasi A/P Thiruchandren
WHY THEY BUY? FIGHTING OBESITY THROUGH CONSUMING NATURAL
FUNCTIONAL FOOD Phuah Kit Teng, Khoong Tai Wai, Ow Mun Waei, and Tey Sheik Kyin
81
THE IMPACT OF CELEBGRAM ENDORSEMENT ON PURCHASE INTENTION:
THE MEDIATING EFFECTS OF CUSTOMER ATTITUDE AND BRAND
AWARENESS Yemima Amitay, Hery Winoto, Tj, Saparso, and Soegeng Wahyoedi
81
SKINCARE PRODUCT SURVEY: INDONESIA VS. GERMANY Hetty Karunia Tunjungsari, Katja Eisen, and Natascha Stroebelle
82
UNDERSTANDING TRAVEL BEHAVIOR BETWEEN INDONESIAN AND
GERMANY Hetty Karunia Tunjungsari, Laura Albrecht, and Helen Kirsammer
82
ICEBM 2019 Page 40 Kuala Lumpur, Malaysia
SPEAKER
Heart Count: Optimizing Performance for Business
Sustainability in Digital Era
Rajendran Muthuveloo1, Teoh Ai Ping2
{[email protected], [email protected]}
Graduate School of Business, Universiti Sains Malaysia, 11900 Gelugor, Penang, Malaysia1,2
Abstract. This paper highlights the importance of human capital development towards optimising
performance for business sustainability in digital era. It introduces a new concept called “Heart Count” that
is vital to management of employees’ happiness whichwould be the determinant of performance in digital
era. It provides a wholesome human capital development strategy that covers recruitment, retention and
separation to empower generation Y and beyond. Heart Count treats employees as human beings and
nurture them towards achieving happiness that will empower them to be an entrepreneur either on their
own or within an organisation. Heart Count counters the human robotization caused by Industrial Revolution 4.0via rehumanising the employees.
Keywords: Heart Count, Head Count, Recruitment, Retention, Separation, Employees.
ICEBM 2019 Page 41 Kuala Lumpur, Malaysia
8-1002
Factors Influencing Career Choice in Islamic Multilevel
Marketing: The Mediating Role of Company Credibility
Jhanghiz Syahrivar1,4, Hetty Karunia Tunjungsari2, Frangky Selamat3, Chairy4
{[email protected], [email protected], [email protected], [email protected]}
Corvinus University of Budapest, Budapest, Hungary1, Universitas Tarumanagara, Jakarta, Indonesia2,3, President
University, Bekasi, Indonesia4
Abstract. Research in Islamic Multilevel Marketing (MLM) is relatively underrepresented, partly because such business model combined with Islamic appeal is a relatively new phenomenon and the
novelty of MLM business is disputable in Islamic point of view. This research aimed to explore factors
influencing the preference for Islamic MLM as a career choice among Muslims in Indonesia. This
research gathered 227 Muslim respondents who are active members of Islamic MLM. We employed ADANCO-PLS to test the hypotheses presented in this research. Based on the results, we found that 1)
reward scheme has a positive and significant effect towards company credibility 2) company credibility
has positive and significant effect towards career choice in Islamic MLM and 3) the effect of reward
scheme towards career choice in Islamic MLM is significant and mediated by company credibility. This research is significant, especially for Islamic MLM recruitment.
Keywords: Reward Scheme, Company Credibility, Career Choice, Islamic MLM
8-1003
Psychological Contract In Improving Human Resources Strategy
with Organizational Culture As a Mediator Variable
Sry Rosita1, Edward 2, Fitri Widiastuti3
{[email protected] 1, [email protected], [email protected]}
Fakultas Ekonomi dan Bisnis Universitas Jambi, Jambi123
Abstract. The minimum criteria regarding the qualifications and competencies of lecturers in
conducting education require psychological contracts, organizational culture and the strategy of Human
Resources (HR) that are used as the basis for work relationships. The main objective of this research is
to examine psychological contracts in improving HR strategies with organizational culture as a mediator variable. The method used in this research is kind of descriptive with a quantitative approach and use
explanatory surveys. The research target was lecturers at several universities in Jambi Province. The
data collection method used is by providing a structured questionnaire aimed at the sample respondents.
The analysis tool used in this study is Partial Least Square (PLS) and the software used is smart-PLS. The research hypothesis provides strong support towards the view of psychological contracts has a
positive and significant influence in improving HR strategies, psychological contracts have a positive
and significant influence in improving HR strategies through organizational culture as a mediator
variable.
Keywords: Psychological Contract; Organizational Culture; HR Strategy.
ICEBM 2019 Page 42 Kuala Lumpur, Malaysia
8-1004
The Moderating Effect of Kaizen Culture on the Relationship
between Innovation and Operational Performance
Siew Mui Kong1, Rajendran Muthuveloo2 {[email protected], [email protected]}
Graduate School of Business, Universiti Sains Malaysia, 11800 USM, Penang, Malaysia1,2
Abstract. Kaizen culture and Innovation are key competitive factors deeply imbued into the
organizational products and processes to achieve optimal operational performance sustainably.
Literature suggested that manufacturing companies needing to differentiate themselves adopt a culture
of continuous improvement (Kaizen). Kaizen culture in this paper enables a change process in a
seamless manner supporting innovation to optimize operational performance. This study aims to support theory and practice. Firstly, study findings can be applied to improve operational performance which is
pivotal to business sustainability of Malaysian manufacturing companies (MMC). Secondly, contribute
to extend Socio-Technical Systems (STS) theory. Thirdly, study has potential contribution towards the
society as resources are scarce and waste elimination is imperative. Lastly, study may provide some understanding on why these companies are more successful in securing operational performance from
innovation implementation than other seemingly similar companies.
Keywords: Kaizen culture, Innovation, Operational Performance, Malaysian manufacturing companies
(MMC)
8- 1005
Developing An Innovation Management Teaching Model
Tai-Ho Yang1, Chin-Chiuan Lin2 {[email protected], [email protected]}
Department of Business Administration, Kun Shan University, Tainan, Taiwan1,2
Abstract. This study aimed to develop an innovation management teaching (IMT) model which
included university social responsibility (USR) and problem-based learning (PBL) using a USR project that hosted by the authors during recent two years. After two years performed. Results showed that the
students who participate in the IMT model can enhance their learning motivation, sense of
accomplishment, and sense of honour. Furthermore, some problems of the regional object (Guantian
district) also can be solved after perform the USR project.
Keywords: IMT, USR, PBL
ICEBM 2019 Page 43 Kuala Lumpur, Malaysia
8 – 1006
Case Study of Moderating Effect of Customer Characteristics on
Relationship between Service Quality, Customer Satisfaction and
Customer Loyalty
Chi-Wen Huang1,2, Chin-Chiuan Lin2
{[email protected], [email protected]}
General Manager of Pin Yi Technology Co., Ltd, Tainan, Taiwan1, Department of Business Administration, Kun Shan
University, Tainan, Taiwan2
Abstract. Laser cutting machine in line with the current manufacturing trend, small amount and
diversification, eliminating the cost of molds, can finished the products through software, reducing the
processing time and with high quality. Case company is an agent of spare parts and machines of laser
cutting machine which import from well-known brands in the United States, Germany and Japan. In
general, most of the procurement of spare parts needs through the originally equipment manufacturers,
however, the changes in the ecological environment make the customers have to find cheaper spare
parts and better service quality that can reduce costs and enhance competitiveness. Therefore, the case
company tried to investigate the relationship among service quality, customer satisfaction and customer
loyalty of spare parts of laser cutting machine. Results shows that the service quality was significantly
affected customer satisfaction and customer loyalty. Furthermore, the customer satisfaction was also
significantly affected customer loyalty.
Keywords: Customer Characteristics, Service quality, Customer satisfaction, Customer loyalty.
8 – 1007
An Innovative Business Model of Chinese Herbal Medicine on
Handmade Tea Beverage Market in China
Chen, Hui-Chuan1,2, Lu,Te-Tsai2
{[email protected], [email protected]}
CEO of Tenergy Biotech Co., Ltd., Tainan, Taiwan1, Department of Business Administration, Kun Shan University, Tainan,
Taiwan2
Abstract. The present study aimed to start up an innovative business model of handmade beverage
market base onChinese herbal medicine in China. Followthe Chinese ancient 24 solar termsto create a
series of herbal beverage to meet the healthy need,any of the 24 solar terms in traditional Chineselunar calendar that matches a particular natural phenomenon. This business owned plenty experiences of
manufacturing of herbal medicine and also the distinguish service systemof Taiwan. The new business
modelat thebeginning it shapes high quality images of healthy andenvironment concern in China. The
core value proposition “living with nature”of this business modelmay lead a new trend of the handmade beverage market in China and thenworldwide in the future.
Keywords: Business model, Chinese herbal medicine, Handmade tea beverage market, 24 solar terms.
ICEBM 2019 Page 44 Kuala Lumpur, Malaysia
8 – 1008
A Study of the Effect of Learning Outcomes of the Five Practical
Methods of Entrepreneurship Education
Te-Tsai Lu1
Department of Business Administration, Kun Shan University, Tainan, Taiwan1
Abstract. The present study investigated theeffect of learning outcomes offive practical methods of
entrepreneurship education. The two classes of junior students are as the experimental and control group. After the five practical methods, the experimental group can produce better results than the
control group.Each type of teaching practice, the so-called learning outcomes in this paper are evaluated
in four levels: reaction, learning, behaviorand result.The results showed that there areno significant
differences between the two groups at the level of reaction and learning.At the behavioral level, in
practice of play and creation, the experimental group was significantly better than the control
group.However, there are no significant differences in the level of result.This result shows that practice
of play and practice of creation are easier to show the teaching results, and other types of practice
teaching modes results require long-term study and observation.
Keywords: Learning outcomes, Five practical methods, Entrepreneurship education.
8 – 1009
The Effects of Expatriate’s Cross-Cultural Competence, Work-
Role Demand on Expatriate Adjustment and Performance: A
Meta-Analysis Approach
Lee, Li-Yueh1, Nguyen, Phuoc-Thien2
{[email protected], [email protected]}
Associate Professor, Department of Business Administration, Kun Shan University, No.195, Kunda Rd., Yongkang Dist.,
Tainan City 710, Taiwan1, Department of Business Administration, Nanhua University, No.55, Nanhua Road, Dalin Township, Chiayi County2
Abstract. Along with the tremendous growth of international operations, more and more expatriates
have to be dispatched to the overseas market places. However, expatriate failure still remained in a higher rate, expatriate failure not only can incur the loss of company sales and profits, but also negative
influence expatriate effectiveness. Among others, this study investigates the effects of expatriate’s cross-
cultural competence, emotional intelligence, and work-role demand on expatriate adjustment and
performance. With an integration of previous studies, this study posits that expatriate’s cross-cultural
competences (in term of cultural intelligence, cultural adaptability, and cultural empathy), work-role
demand (in terms of role novelty, role ambiguity, role conflict, and overload), and expatriate’s
emotional intelligence are important factors for expatriate to adjust in the host countries, which can
further enhance their effectiveness ( in term of innovative work behavior, expatriate performance; and expatriate satisfaction).
Keywords: Cross-cultural competence, emotional intelligence, work-role demand, expatriate
adjustment, expatriate performance.
ICEBM 2019 Page 45 Kuala Lumpur, Malaysia
8- 1010
Building Your Brand Through Social Media How
Communication Works Wonder & Money
Choong Kian Chong1, Salmi Mohd Isa2
{[email protected], [email protected]}
Graduate School of Business, Universiti Sains Malaysia1, Graduate School of Business, Universiti Sains Malaysia2
Abstract. Building brands at social media are challenging as consumers are easily swayed away to
through a click; therefore marketers need to gravitate the 3.196 billions of social media users and base
on Statista report that the total spending might thrive at USD 4.5 trillion. Facebook’s community is a
force to recognize with and if the brand is unable to catch the world’s attention; means the brand are
about to lost of business opportunities worth billions. Previous research is on social media’s influence
on purchase decision in the automobile industry with German speaking respondents and it had created
a research gap for Malaysian respondents towards a Malaysian textile brand on the consumers’
perception, brand building challenges and remedies for digital brand building. The exploration will be
qualitative with interviews, transcribe using thematic analysis where the findings are crucial to the trade
policies drafting, brand owners in transforming to the thrive stage.
Keywords: Social Media, Facebook, Communication, Branding, Malaysia.
8 – 1011
The Influence of Personality Traits and Employee Development on The
Job Performance of Engineers in Malaysia
Tony Leong Weng Beng1 and Rajendran Muthuveloo2
{[email protected], [email protected]}
Graduate School of Business, Universiti Sains Malaysia, 11900 Gelugor, Penang, Malaysia
Abstract. This research studies how personality traits affect the job performance of engineers in
Malaysia and how employee development ensures optimal job performance in an environment of constant change. A sample of engineers working in Electrical and Electronics based companies were
studied and the results showed that Extraversion and Openness were positively correlated to Job
Performance while Agreeableness and Neuroticism were negatively correlated. It was also shown that
employee development moderates the relationship between Personality and Job Performance for individuals with high levels of Conscientiousness. These findings show that individuals with different
personality traits perceive and respond to employee development efforts differently, thus the importance
of individualized development plans.
Keywords: Job Performance, Employee Development, Personality, Engineers, Five –Factor model, Conscientiousness, Agreeableness, Openness, Extraversion, Neuroticism
ICEBM 2019 Page 46 Kuala Lumpur, Malaysia
8 – 1012
A Comparative Study of Financial Performance of Registered Companies in The Jakarta Islamic Index (Jii) Before and After
Implementation of IFRS Accounting Standards
Muhammad Sholahuddin1, Adi Parkawati1 {Corresponding Author: [email protected]}
Management Department, Faculty of Economics and Business, Universitas Muhammadiyah Surakarta1
Abstract. International Financial Reporting Standard (IFRS) is one of the changes in accounting
standard regulations that affected the environment of international accounting information. In increasing
the capital market, IFRS provides a series uniformity of accounting standards which is adopted by various countries in the world that have the purpose is to improve the international comparability and
the quality of financial reporting. Financial accounting standard IFRS in Indonesia applied to companies
which have responsibility to the public. The purpose of this research was to analyze the differences of
financial performance that measured by the ratio of liquidity, solvency, and profitability before and after that company was converted to IFRS. This research was comparative research that compared the
financial reporting by using a purposive sampling technique with producing 5 companies which were
continuously registered in the Jakarta Islamic Index for the period 2008-2017 with the data analysis
method by using Wilcoxon test because the data of normality test was abnormal. The result of this research shows that the liquidity ratio which was measured by using Current Ratio (CR) and the
solvability ratio which was measured by using DER and DAR that there were not significant differences
between before and after conversion to IFRS.
Keywords: IFRS, Liquidities, Solvabilities, Profitabilities, Jakarta Islamic Index
8 – 1013
The Effect of Board of Directors Characteristics on Company
Value
Fitri Yeni1, Zerni Melmusi2, Esti Wulandari3, Desi Ilona4 {[email protected], [email protected], [email protected],
Corresponding author E mail: [email protected]}
Economics Faculty, Universitas Putra Indonesia, YPTK, Padang, Indonesia1,2,3,4
Abstract. This study aims to analyse the influence of the characteristics of the board of directors on the
company value. The characteristics of the board of directors are measured by size, age, and busy board of directors on company values. The sample of this research is taken randomly for 266 companies listed
on the Indonesia Stock Exchange from 2011-2017. The results of this study indicate that the size of the
board of directors has a negative and significant effect on company value. However, age, busy board of
directors and company growth do not have a significant effect on company value. Company leverage has a positive and significant effect on company value.
Keywords: Company value, size, age, busy of board of directors.
ICEBM 2019 Page 47 Kuala Lumpur, Malaysia
8 – 1014
Ethnic, Skill, Qualification Diversity of Board of Commissioners
and Stock Performance
Hilda Mary1, Hanna Pratiwi2, Chyntia Loren3, Desi Ilona4
{[email protected], [email protected],[email protected],
Corresponding Author E-mail: [email protected]}
Economics Faculty, Universitas Putra Indonesia, YPTK, Padang, Indonesia
Abstract. The goal of this study is to examine the effect of ethnic, skill, and qualification diversity of
board of commissioners on stock performance in emerging market. This study employs 266 companies
listed on BEI (Indonesia Stock Exchange) in 2011-2017 periods. The result show that ethnic, skill, and
qualification diversity of board of commissioners do not give positive impact on stock performance of
Indonesian companies. However, quality audit and company age (CA) have a negative and significant
impact on stock performance.
Keywords: Stock performance, ethnic, skill, qualification of board of commissioners.
8 – 1016
The Effect of Destination Image on Tourist Satisfaction and
Destination Loyalty: Bukittinggi City, West Sumatra
Sigit Sanjaya1, Ronni Andri Wijaya2, Yulasmi3
{[email protected], [email protected], [email protected]}
University of Putra Indonesia, Padang, West Sumatra, Indonesia123
Department of Economic and Business123
Abstract. The study discovers (1) the effect of destination image on destination loyalty (2) the effect of
destination image on destination loyalty with tourist satisfaction as mediating variable. Respondents in
this study are the tourists in the Bukittinggi city. The study utilized primary data which are obtained
through the questionnaire with control questions that tourists have visited Bukittinggi city at least twice.
Total respondents are 384 determined by used Lemeshow formula. Data were analyzed by Path Analysis
performed by SPSS 25 software. The result showed: (1) destination image has positive and significant
effect on destination loyalty (2) destination image has positive and significant effect on destination
loyalty with tourist satisfaction as mediating variable
Keywords: Destination Image; Tourist Satisfaction; Destination Loyalty
ICEBM 2019 Page 48 Kuala Lumpur, Malaysia
8 – 1018
The Effect of Age, Family as Board of Commissioners, and Busy
Board of Commissioners on Company Value
Sitti Rizki Mulyani1, Darma Syahrullah Eka Jaya2, Yani Fitriyanti3 and Desi Permata Sari4
{Corresponding author E-mail: [email protected]}
Faculty of Economic and Business, Universitas Putra Indonesia “YPTK”, Padang, West Sumatera, Indonesia1,2,3,4
Abstract. This study aims to analyze how the effect of age, family as a board of commissioners, and
busy board of commissioners on the value of the company. Two variables are used as control variables is company age and company leverage. The samples in this research is taken by random sampling
method at publicly company listed in Bursa Efek Indonesia that is 266 companies with research period
for 7 years from 2011-2017. The results showed that age, family as board of commissioners, and busy
board of commissioners has not significant effect on company value. Company age and company
leverage has negative and significant effect on firm value
Keywords: Company Value, Age, Family as Board of Commissioners, Busy Board of Commissioners
8 – 1019
Effect of Business Knowledge and Self Confidence on Business
Performance with Business Innovation As A Mediating Variable
on SMEs in Padang City
Ramdani Bayu Putra1, Elfiswandi2, Hasmaynelis Fitri3, Neni Sri Wahyu Nengsih4
{[email protected], [email protected],[email protected],[email protected],
Corresponding Author E-mail: [email protected]}
Universitas Putra Indonesia YPTK, Padang, Indonesia1,2,3,4
Abstract. The era of digitizing the industry 4.0 has an impact on changes in the competence of all organizations, in order to survive and improve the performance of their organizations. The study aims to
analyze the impact of business knowledge and self confidence on business performance with business
innovation as a mediating variable on SMEs in Padang. This research uses 225 Small and Medium
Enterprises (SMEs). The form of the research model is Structural Equation Modelings (SEM), with the aid of Amos 22. The results of the study conclude that business knowledge, self confidence, and
business innovation factors have a significant effect on business performance. Other facts show that
business innovation is proven to mediate and increase the influence of business knowledge and self
confidence on business performance.
Keywords: Business Knowledge, Self Confindance, Business Innovation, Business Permormance.
ICEBM 2019 Page 49 Kuala Lumpur, Malaysia
8 – 1020
The Effects of Price Discount, Bonus Pack and In-store Display
on Impulse Buying at the Supermarket
Della Asmaria Putri1, Emil Salim2, Vicky Brama Kumbara3, Elfiswandi4
{[email protected], [email protected], [email protected], [email protected]}
Faculty of Economic and Business, Universitas Putra Indonesia “YPTK” Padang, West Sumatera, Indonesia1,2,3,4
Abstract. The purpose of this research is to analyze the effect of price discount, bonus pack, andin-store
display on Impulse Buyingin Supermarket Padang City. This study used quantitative method to
investigate certain population and sample. The sampling technique used in this study is accidental sampling;a sampling technique based on coincidence, such as anyone who accidentally meets a
researcher can be used as a sample. The number of respondents in this study is 96 respondents. The
results of this research is found thatprice discount, bonus pack, andin-store display give positive and
significant effect on impulse buying. Price discount and in-store display partially give positive and
significant effect on impulse buying, Bonus pack does not have significant effect on impulse buying.
Based on the result of this research Supermarket Padang City could improve impulse buying through
price discount given to the consumer and in-store display that will either be able to stimulate impulse buying of consumers so as to increase the profitability of the Supermarket Padang City.
Keywords: Price Discount, Bonus Pack, In-store Display and Impulse Buying
8 – 1021
The Effect of Multiple Directorship, Tenure, and Age of Board of
Directors on Corporate Value
Lusiana1, NilaPratiwi2, Zefriyenni3, Rio Andhika Putra4, Winda Fierza Vironica5
{Corresponding Author :[email protected]}
Faculty of Economic and Business, Universitas Putra Indonesia “YPTK”, Padang, West Sumatera, Indonesia1,2,3,4,5
Abstract. The purpose of this study was to analyze the effect of multiple directorships, tenure, and age
of the board of directors on corporate value. Multiple directorship, tenure, and age are used as
independent variables, and corporate value is used as the dependent variable. Two variables are used as
control, including company growth and leverage. The study used secondary data obtained from annual reports between 2011 and 2017. The samples involved 266 companies listed on the Indonesia Stock
Exchange, and the results showed that multiple directorship board has a negative and significant effect
on corporate value. Basically, the tenure and the age of the directors and company growth does not have
a significant effect on corporate value as opposed to its.
Keywords: Multiple directorship, tenure, age of the board of directors, corporate value.
ICEBM 2019 Page 50 Kuala Lumpur, Malaysia
8 – 1022
The Influence To Quality Of Life
When Tech Meets Handmade Goods And Service
Shieunt-Han Tsai1
Department of Sports, Health and Leisure, Kun Shan University, Tainan City, Taiwan, R.O. C.1
Abstract. For forwarding quality of life and health condition of Taiwanese, we promote handmade
candles in order to service our consumers. We plan to use the convenience of Tech and enhance our publicity more in the offering. We hence conducted an investigation of organic enterprise that includes
organic product acceptance and cognition. The result is that Taiwanese accept organic candles which
can forward their physical and psychological health. On top of that, Taiwanese regard quality of life as
an important part of life. The enterprises as a start-up are willing to promote carbon emission and
quality of life of Taiwanese as well.
Keywords: Organic Products, Quality of Life, Tech, Purposive Sampling
8 – 1023
The Qualitative Study of Small Firm’s Competitive Advantage
Competencies in Laos’Tourism Industry
Cheng-Lung Li1, Sommanoxay Soulivanh2
{[email protected], [email protected]}
Department of Business Administration, Kun Shan University1,2
Abstract. Companies can create core competencies or competitive advantages by adopting the
marketing strategies. It can result in creating profitable relationship with customers, differentiation
themselves to gain superior customer value than others. This study emphasizes on investigating how small tourism firms create their competitive advantage by investigating business environment of PEST
analysis, and Porter’s Five Forces Analysis and by using marketing analytic tools such as Segmentation-
Targeting-Positioning (STP), service marketing of 7Ps. The research conducted in qualitative study
applying in-depth interview with seven small business owners in tourism industry in Laos. The results show that motivation arises from being involving or experience in the business at young age, customer’s
satisfaction can be captured by differentiation and the well uses of 7Ps, supportive external environment
enhance the competitive advantage.
Keywords: Small firms, competitive advantage, STP, 7Ps
ICEBM 2019 Page 51 Kuala Lumpur, Malaysia
8 – 1025
Board of Commisionaires Diversity and Stock Return: An
Influence Study on Nationality, Gender and Education
Background
Muhammad Ridwan1, M. Afuan2, Rio Andhika Putra3, Nora Putri Ayu4
{Corresponding Author : [email protected]}
Universitas Putra Indonesia “YPTK”, Padang, West Sumatera, Indonesia1,2,3,4
Abstract. This study analyses the influence of board nationality, diversity, gender, and educational
background as independent and dependent variables on stock returns. Two control variables were used namely, the audit quality and company age, with secondary data obtained in the form of financial
statements and annual reports from 2011 to 2017. The samples in this study were 266 companies listed
on the Indonesia Stock Exchange.The results showed that the board of commissionaires’ nationality
diversity and audit quality control variables had a negative and significant effect on stock returns, while gender, educational background, and company age have none.
Keywords: Nationality, Gender, Education Background Diversity, Board of Commissionaires, Stock
Return
8 – 1027
The Influence of Corporate Social Responsibility, Managerial
Ownership and Firm Sizes on Firm Performance: Evidences
From Manufacturing Companies in Indonesia
I Gede Adiputra1, Henryanto Wijaya2, Azhar Affandi3
Faculty of Economics and Business of Universitas Tarumanagara, Jakarta, Indonesia1,2, Faculty of Economics and Business
of Pasundan University, Bandung, Indonesia3
Abstract. The main objective of this research is to explore and determine the effect of Good Corporate
Governance, managerial ownership, and Firm Size that affect Firm Performance. We use the sample from financial statements of manufacturing companies engaged in Food and Beverages which are listed
on the Indonesia Stock Exchange with 70 observations from 2014 to 2018. Samples were taken using
the purposive sampling method. Multiple linear regression model with panel data used in this study as
an analysis method. The results showed that corporate responsibility has a negative and significant effect on Firm Performance, while managerial ownership and firm size have a positive and not significant
effect on Firm Performance. The results of this study are consistent with agency theory predictions.
Keywords: Corporate Social Responsibility, Managerial Ownership, Firm Size, Firm Performance
ICEBM 2019 Page 52 Kuala Lumpur, Malaysia
8 – 1028
The Impact of Big Data Analytics Adoption on Performance of
Malaysian Small Medium Enterprises
Loh Chun Hong1, Teoh Ai Ping2
{[email protected], [email protected]}
Cipli Hardware Sdn Bhd, TBP314 Lorong Kubor Off, 12200 Butterworth Penang Malaysia1, Graduate School of Business,
Universiti Sains Malaysia, 11700 Penang, Malaysia2
Abstract. In today’s digitalised era, the adoption of Industry 4.0 technology pillars can boost businesses by enhancing organizational performance. As one of the crucial pillars, big data potential has been
receiving heightened interests from academic and practitioners. Big Data ss (BDA) is viewed as a new
strategic weapon in business that allows organizations to gain valuable insights for decision-making
towards better performance. Most multinationals and larger companies may already be implementing
BDA aiming at enhancing organizational performance, but many Small Medium Enterprises (SMEs) are
still at the exploratory stage. The present study proposes the outcome on BDA adoption on performance
among Malaysian SMES and the role of strategic agility as moderator.
Keywords: Small Medium Enterprises, Big Data Analytics, Adoption, Performance, Strategic Agility, Malaysia
8 – 1029
The Role of Responsiveness to Organizational Performance
Vivi Nila Sari 1, Sitti Rizki Mulyani2, Marta Widian Sari3, Erwin Hotmansyah Harahap4
{viv in i lasar i01@gmai l . com 1, s i t t i r iz ki@gma il . com 2, mar t a . wid iansar i@gma il . com 3,
er winhrp5@gmai l . com 4, cor r espond ing Author : vivini lasar i01@gmai l . com 1}
Economics and Business Faculty, University of Putra Indonesia “YPTK”Padang1,2,3,4
Abstract. This aims to determine how much influence the Leadership Style and Leader Innovation on
Organizational Performance through Employee Responsiveness as an intervening variable. The research
variables are Leadership Style (X1), Leader Innovation (X2) Employee Responsiveness (Z)
Organizational Performance (Y). Methods of collecting data through surveys and circulating questionnaires as many as 48 respondents. The analytical method used is the validity and reliability test,
correlation analysis, multiple regression analysis, Path Analysis, to test the hypothesis used, namely the
t-test.The results showed Leadership Style has a positive and significant effect on Employee
Responsiveness, Leader Innovation has a positive and significant effect on Employee Responsiveness, Leadership Style has a positive and significant effect on Organizational Performance, Leader Innovation
has a positive and significant effect on Performance Organization, Leader Leadership and Innovation
Styles have a positive and significant effect on Responsiveness.
Keywords: Leadership Style, Leader Innovation, Organizational Performance, Responsiveness.
ICEBM 2019 Page 53 Kuala Lumpur, Malaysia
8 – 1030
The Effect of Financial Distress and Corporate Governance on Earnings Management
Silvy Christina1, Nico Alexander2
{[email protected], [email protected]}
Trisakti School of Management, Kyai Tapa No 20, Jakarta, Indonesia1,2
Abstract. The purpose of this research is to analyze the effect of financial distress and corporate
governance toward earnings management. The sample of this research consist 131 non-financial
companies that are listed on the Indonesia Stock Exchange from 2014-2017 by using purposive sampling method. The hypothesus was tested by using multiple regression analysis with EVIEWS. The
results of the research show that financial distress, managerial ownership, institutional ownership and
auditor independence have no influence on earnings management.
Keywords: Financial Distress, Corporate Governance, Earnings Management
8 – 1031
Fostering Sustainability Advantage on Rural Tourism
Destination at Kulon Progo, Yogyakarta
Kartika Nuringsih1, Nuryasman MN2, Cokki3
{[email protected], [email protected], [email protected]}
Economic & Business Faculty, Universitas Tarumanagara, Tanjung Duren Utara No. 1 Grogol, Jakarta, Indonesia1,2,3
Abstract. The goal of the study is to assessthe advantages of rural tourism development at Kulon Progo
County. Based on 800 visitors were observed about their perception of strength, weakness, opportunity,
and threat to eight rural destinations. Respondent consists of tourist, local resident, and provider’s
destination. SWOT and QSPM analysis is used to assess potential destination and deliver suggesting for
providers and government, while correlation is for improving the result of IFAS and EFAS especially
identifying visitor’s perceivedof importance and performance from twenty-first attributes of SWOT.The
study findsmainly potential in improving small-scale rural tourism project, namely: change interest in nature as market demand, nature beauty and biodiversity as an asset of destination, and development
social media as technology in promoting rural tourism. Finally, it suggests numerous strategies for
fostering sustainability advantages on the rural destination, therefore could be developed
competitiveness on the tourism sector.
Keywords: Advantage, Kulon Progo destination, rural tourism, SWOT, QSPM.
ICEBM 2019 Page 54 Kuala Lumpur, Malaysia
8 – 1033
Analysis of Effectiveness Financial Education for Small Medium
Enterprise to Increase Financial Literate (Premilinary study:
Small Business Enterprise in Bandung)
Maya Malinda1, Asni Harianti2, Miki Tjandra3, Meryana4
{[email protected], [email protected], [email protected]}
Universitas Kristen Maranatha, Prof. drg. Surya Sumantri No.651,2,3
Abstract. Financial education is very important to everyone, including financial education small
business enterprise (SME). This premilinary study revealed that have significant result financial education can increase financial literate. Using Financial Fitness Quiz build by O’Neill find have
different result before and after financial planning for business and personal training. From 32
participants before training, summary of:Insurance & Estate Planning:Credit Shopping: participants
have very low score less than 20 score, means that they need a lot of help tuk manage their financial, and Financial Management:Saving/Investing their score less than 40 categorize for financial difficulties.
Therefore after training have significant different result to increase Financial Literate.
Keywords: Financial education, Small Medium Enterprise (SME), Financial Literate
8 – 1034
Analysis of Effectiveness Financial Education for Student in
Higher Education to Increase Financial Literate (Case study:
Financial Planning class in Maranatha Christian University)
Maya Malinda1 , Miki Tjandra2, Asni Harianti3, Olivia Vania Olius4
{[email protected], [email protected], [email protected]}
Universitas Kristen Maranatha, Prof.drg. Surya Sumantri No.651
Abstract. Financial literacy is a term that is currently used in many papers about a person's literacy in
managing his finances. Someone is said to be financially literate whe he or she able to take advantage of
financial institutions and manage their finances. The efforts to improve financial literacy, one of them is with the education or education of financial planning. At Maranatha Christian University has been
carried out financial planning education since the 2007 curriculum as one of the subjects mandatory
concentration of financial management. The aims of this education is to increase financial literacy in the
realm of students. The purpose of this research is to convey the educational result from the student of financial planning course to the behavior of financial literate. Criteria of financial literate are person can
understand and practice for financial management, saving/investing, insurance & estate planning,
credit, shopping. Therefore, further study is needed on whether or not there is a change in the
understanding and score of students managing their finances because of financial planning education. The method for testing used in this paper build by O’Neill is through Financial Fitness Quiz (FFQ) find
have different result before and after financial planning subject. Testing the different condition before
and after financial planning class using wilcoxon test. The data used in this research is a population of students who follow the financial planning courses odd semester 2017/2018 academic year as many as
fifty two person consists of twenty two men and tirty women. The result is have different significant
score before and after financial planning class. It has not been proven that financial planning education
effective to increace financial literate especially Financial Management, saving and investment criteria.
Keywords: Financial education, Small Medium Enterprise (SME), Financial Literate
ICEBM 2019 Page 55 Kuala Lumpur, Malaysia
8 – 1035
The Effect of Servant Leadership and Work Engagement on
Organizational Citizenship Behavior Mediated by Organizational
Commitmenton Volunteers in Abbalove Ministries Church
Fidela Sadikin1, Melitina2, Eka Dessy3
{[email protected]¹, [email protected]², [email protected]³}
Master of Management, Krida Wacana Christian University, Indonesia1, Faculty of Economics and Business, Krida Wacana
Christian University, Indonesia2
Abstract. This research aimed to examine the effect of Servant Leadership and Work Engagement on Organizational Citizenship Behavior mediated by Organizational Commitment on Volunteers in
Abbalove Ministries Church. The research utilized the Structural Equation Model (SEM) as the
analytical technique by using SmartPLS program.The results of this research highlighted that servant
leadership, work engagement, and organizational commitment hadan effect on organizational citizenship behavior in which work engagement had an effect on organizational commitment, while servant
leadership did not. This also happened when Organizational Commitment did not mediate the effect of
Servant Leadership on Organization Citizenship Behavior. Meanwhile, Organizational Commitment
became a mediation between Work Engagement and Organizational Citizenship Behavior.
Keywords: Servant Leadership, Work Engagement, Organizational Citizenship Behavior,
Organizational Commitment
8 – 1036
The Influence of Technology Factors on Retail 4.0 Adoption in
Malaysia
Poorni Sakrabani1, Ai Ping, Teoh2
{[email protected], [email protected]}
Graduate School of Business, Universiti Sains Malaysia, 11800 Minden, Penang, Malaysia1,2
Abstract. The younger generation, i.e Gen Y and Gen Z, will make up 67% of Malaysia’s population in
2019. They are technically savvy and have huge spending power. Since this young generation is attracted to novel and exciting shopping experiences, Malaysian retailers should entice them by
incorporating Retail 4.0 technologies into their existing retail formats. This paper uses the Technology
construct from the Technology-Organisation-Environment (TOE) Framework to study the factors which
will play a crucial part in the adoption of Retail 4.0 technologies. Although retailers are likely to face many challenges during the technology adoption process, proper strategy and also financial aid from the
government will help retailers to overcome these obstacles and will eventually lead to
the fulldigitalisation of the Malaysian retail industry.
Keywords: Technology adoption, Retail 4.0, TOE Framework, retail industry, Malaysia
ICEBM 2019 Page 56 Kuala Lumpur, Malaysia
8 – 1037
Entrepreneurial Orientation and Market Orientation in Business
Performance of SMEs: An Exploration of The Impact on E-
Commerce Adoption
Yayuk Sriayudha1, Ade Octavia2, Sigit Indrawijaya3 {[email protected]}
Faculty of Economic and Business, Universitas Jambi, Jambi, Indonesia1,2,3
Abstract. In the industrial ERA 4.0, changes digitally and physically are inevitable, as well as for small
to medium enterprise (SMEs). The majority of SMEs in Jambi Province have not conducted digital
technology as a marketing strategy for the expansion of its market share. The purpose of this research
are: (1) analyzing the impact of entrepreneurial orientation on SME business performance, (2) analyzing the influence of market orientation with the e-commerce adoption towards SMES’s business
Performance (3). interpreting the e-commerce adoption and market orientation impact to SME’s
business performance. The research design uses the Mix method of qualitative and quantitative. The
data is collected by primary and secondary data. The data analysis techniques uses Structural Equation Model (SEM) and ran by SmartPLS3 program. Samples of this study consist of 250 SMEs who have
already used digital e-commerce technology in Jambi Province. The result of data processing indicates
there is a significant influence between entrepreneurialorientation, market orientation and e-commerce
adoption to SME’s business performance in Jambi Provinces. We believe that entrepreneurial orientation, market orientation and e-commerce adoption model in this study will have both managerial
and academic positive implication.
Keywords: Business performance, e-commerce, entrepreneurial orientation, market orientation, SMEs
8 – 1038
Assessing the Impact of Business Model Innovation, Firm
Characteristics and External Collaboration on Food Outlets
Performance in Malaysia
Bryan Teoh Phern Chern1, Fauziah Binti Sh, Ahmad2
{[email protected], [email protected]}
Tunku Abdul Rahman University College, Kuala Lumpur Malaysia1, Universiti Teknologi Malaysia, Kuala Lumpur,
Malaysia1, 2
Abstract. Kuala Lumpur, the national capital of Malaysia is a diverse and dynamic city. The food scene
in Kuala Lumpur is constantly changing, with new variants of business models being introduced
frequently. Restaurants and food outlets need to adapt to this change in order to maintain sustainable
competitive advantages, or risk being obsolete. One of the latest trends is online food delivery. Various industry players are competing among each other, especially in large cities. There have been many
studies focusing on the service providers in the sharing economy and relevant consumer behaviour, but
little have researched from the perspective of the food outlets. This paper is established upon the Dynamic Capabilities Theory. Questionnaires were distributed to the top management of food outlets in
Kuala Lumpur. Our findings indicate that business model innovation, firm characteristics and external
collaboration were found to have a positive impact on food outlet performance.
Keywords: Business model innovation, Firm performance, Firm experience, Dynamic capabilities, Sharing economy
ICEBM 2019 Page 57 Kuala Lumpur, Malaysia
8 – 1039
Belt & Road Initiative: A Study from Malaysian SMEs’
Perspective
Mui- Yin Chin1, Ho-Char-Fei Theresa2, Poh-Chuin Teo3, Chu-Le Chong4, Chew- Keong Wai5
{[email protected], [email protected], [email protected]}
Faculty of Accountancy, Finance and Business, Tunku Abdul Rahman University College, Malaysia1, Azman Hashim
International Business School, University Technology Malaysia, Malaysia2,3,
Abstract. The Belt & Road Initiative that introduced by President Xi Jinping has received numerous attention from the governments, business organisations and individuals from different countries.
However, even though it is believe that the Chinese companies will be the big winners from the Belt &
Road Initiative, but non-Chinese companies are also increasingly seeing themselves benefiting from this
initiative. In order for Malaysia to gain benefits from BRI, it is important to explore the readiness of
local SMEs to play an active role in this Initiative. Hence, this study aimed to explore the perception of
the local Small and Medium Enterprises (SMEs) on the associated opportunities brought by the Belt &
Road Initiative. The data collection method was in-depth interview, in which SMEs in both
manufacturing and service industries were interviewed. The interview results indicated that some Malaysian SMEs found that BRI imposes numerous challenges towards their businesses. Based on the
results, the expansion of Chinese firms to Malaysia will increase market competition in some industries.
However, the research findings revealed that local SMEs showing positive attitude towards this
Initiative, and they generally believe that this Initiative will bring huge opportunities and abundant benefits to Malaysia at country, organisational and individual levels.
Keywords: Belt & Road Initiative (BRI), Malaysian Small and Medium Enterprises (SMEs),
Perceptions, Opportunities, Challenges.
8 – 1040
The Impact of Innovation On Competitiveness Of Smartphone
Industry In China
Kii-Geat Johan Lim1, Poh-Chuin Teo2, Lim Zheng Yang3
{[email protected], [email protected], [email protected]}
Tunku Abdul Rahman University College, Malaysia1,3, Azman Hashim International Business School, UniversitiTeknologi
Malaysia, Malaysia2
Abstract. Smartphone is considered as a common trend in this era globalization. Everyone wishes to
have their own smartphone as smartphone is making everyone’s life easier. Today, there are four major domestic smartphone brands that dominated the smartphone segment in China which are Huawei, Vivo,
Oppo, and Xiaomi, in which Xiaomi smartphone founded by Lei Jun was ranked at the top 25 in Beijing
which accounted for 6.8 billion. This study strived to analyse the impact of innovation on the
competitiveness of smartphone manufacturers in China context. Grounded by Porter’s Five Forces Framework, this study has assessed the five primary factors, the bargaining power of buyer, bargaining
power of supplier, threat of new entrants, threat of substitutes, and rivalry among competitors.
Keywords: Smartphones, Industry Competition, China, Porter’s Five Forces Model, Innovation
ICEBM 2019 Page 58 Kuala Lumpur, Malaysia
8 – 1041
The Impact of the Usage of Computer Assisted Audit Technique,
Professional Ethics, and Motivation on the Auditor Performance
Michelle Kristian1
Universitas Tarumanagara, Jakarta, Indonesia, Economic Faculty, Universitas Tarumanagara, Jakarta, Indonesia1
Abstract. The purpose of this study was to examine the impact of the usage of computer assisted audit
techniques, professional ethics, and auditor motivation on auditor performance. The study was conducted using a survey method to provide the questionnaires to auditors in Public Accountant Firm.
The objects of this research are managers, and partners in Public Accounting Firm in Tangerang and
Jakarta areas. Sampling was done by using convenience sampling method and total sample used was 109
respondents. Data analysis method is multiple linear regression method. The results of this study is the
usage of Computer - Assisted audit Techniques (CAAT) and professional ethichaveeffect on the Auditor
performance. While, auditor motivation has no effect on auditor performance. In addition, public
accounting firms (KAP) could provide more varied assignments for auditors to improve the auditor's
experience. Thus, the auditor's performancewould be increase. 2017-2018
Keywords: The usage of computer assisted audit techniques, professional ethics, auditor
motivation,auditor performance
8 – 1042
The Role of Social Influence towards Purchase Intention with
Value Perception as a Mediator: A Study on Starbucks as an
Environmentally Friendly Product
Miharni Tjokrosaputro1, Cokki2
{[email protected] , [email protected]}
Universitas Tarumanagara, Jakarta1,2
Abstract. This study aims to examine the effects of social influence both directly and indirectly on the
purchase intention of Starbucks as an environmentally friendly product. This study used a survey
method. The respondents consisted of 100 Starbucks consumers. A convenience sampling technique was
used. The data was collected using questionnaires and analyzed using Partial Least Square-Structural Equation Modeling. The results show that social influence has a direct effect on purchase intention but
does not have an indirect effect through perceived value.
Keywords: Environmentally friendly product, purchase intention, social influence, perceived value.
ICEBM 2019 Page 59 Kuala Lumpur, Malaysia
8 – 1044
The Effect of Intellectual Capital on Tax Avoidance
Period Before and After Tax Amnesty
Estralita Trisnawati1, Herlina Budiono2
{[email protected], [email protected]}
Faculty of Economics and Business, Universitas Tarumanagara Jakarta1,2
Abstract. The purpose of this research is to analyze the effect of intellectual capital on tax avoidance before and after tax amnesty. This research uses manufacturing industries listed in Indonesian Stock
Exchange for the period 2015 and 2017 as the samples. Using purposive sampling technique, 230 data
are selected as samples. Data processing multiple linear regression analysis in this research using
software program IBM SPSS version 22 and WARP PLS versioan 3.0.The measurement of intellectual capital uses structural capital (STVA), while tax avoidance is Corporate Tax to Turn Over Ratio
(CTTOR) and Net Profit Margin (NPM). The result shows that: There is no significant impact of
intellectual capital on tax avoidance before and after tax amnesty.
Keywords: Intelectual Capital, Tax Avoidance, Tax Amnesty
8 – 1045
Why I Should Run My Own Business: A Study on Women
Entrepreneur’s Motivation and Business Success in Indonesia
Frangky Selamat1, Mei Ie2, Jhanghiz Syahrivar3, Chairy Chairy4
{[email protected], [email protected], [email protected]}
Universitas Tarumanagara, Jakarta, Indonesia1, Universitas Tarumanagara, Jakarta, Indonesia2,Corvinus University of
Budapest, Hungary3
Abstract. The purpose of this study is to analyse key motivations that encourage entrepreneurship
among women in the Greater Jakarta, Indonesia. The number of women entrepreneurs have been increasing in the recent years. Potential success through entrepreneurial act is also open for the women
entrepreneurs. Furthermore, this study will examine the effect of entrepreneurship motivation in the
business success. Research data were collected through a survey which involved 125 women
entrepreneurs who run home industries in the Greater Jakarta area. The results of this study are expected to provide an overview of the motivation underlying women entrepreneurs in starting their business and
how their chances to gain success in the business. The biggest entrepreneurial motivation of these
women entrepreneur is to gain financial security, followed by finding a business opportunity and
gathering lots of money. By knowing the entrepreneurial motivation as well as the chance of business
success, women who want to start a business in the future could consider what chances of success they
can achieve with the motivation they have.
Keywords: Women entrepreneur, entrepreneurial motivation, business success.
ICEBM 2019 Page 60 Kuala Lumpur, Malaysia
8 – 1046
Talent Management Model in the Digital Age: Strategic Internal
Entrepreneurship Mechanism
Wei-Ting Yvonne Foung1,2, Yi-Shien Yeh2, Bih-Shiaw Jaw2
{[email protected],2, [email protected];[email protected]}
Chairman of ECAIC integrated Consulting Co., Ltd., Taichung, Taiwan1, Institute of Human Resource Management,
National Sun Yat-Sen University, Kaohsiung, Taiwan2
Abstract.With economic growth and social development, Taiwan has gradually emerged as an ageing social problem, thus causing a structural imbalance in the population and aggravating the level of
competition in the talent market.On the other hand, the new generation of workers who grew up under
the influence of the digital era have great differences in their values with traditional workers, resulting in
problems in selecting talents, nurturing talents and retaining talents in human resource
management.Starting from the problem of human-powered faults and generational alternation that
Taiwanese society is facing, the present study argues that the strategicinternal entrepreneurial
mechanism which is the management mechanism that can retain talents and create new
opportunities.Business leaders should adjust their leadership styles, strengthen cooperation among different generations of employees in the organization,and establish an strategicinternal entrepreneurial
mechanism to inherit valuable knowledge and experience and achieve sustainable business in response
to the challenges of the digital age.
Keywords: Talent management model, Digital age, Strategic internal entrepreneurship mechanism.
8 – 1047
Investment Decision: The Case of Indonesian Manufacturing
Companies
Rousilita Suhendah1, Nathania2
{[email protected], [email protected]}
Universitas Tarumanagara, Indonesia1,2
Abstract. The purpose of this paper to examine the determinant of investment in goods and
consumption industry companies listed on the Indonesia Stock Exchange (IDX) for the period 2014-
2017. The sample is 100 Companies from period 2014-2017. The investment decision is measured from
nett investment. The authors use the random effects to test the variables that are associated with
investment. This research finds that sales have a positive effect on investment. However, leverage and
growth opportunity do not have effect on investment.The research findings indicate that the high sales
are a positive signal to stakeholders that the company has high performance and has invest in their asset.
Keywords: Investment, Sales, Leverage, Growth opportunity
ICEBM 2019 Page 61 Kuala Lumpur, Malaysia
8 – 1048
Designing An Entrepreneurial University Model with Social
Cognitive Theory Approach
Irine Herdjiono1, Gerzon Maulany2, Benediktus Elnath Aldy3, Fitriani4
([email protected], [email protected], [email protected], [email protected])
Department of Accounting, Musamus University, Indonesia1, Department of Information System, Musamus University,
Indonesia2, Department of Management, Atmajaya Catholic University, Indonesia3, Department of Public Administration, Musamus University, Indonesia4
Abstract. This study aimed to examine the proposed entrepreneurial university model that is relevant to
the changing times. A number of studies on the entrepreneurial university model have been conducted.
This study used social cognitive theory that underlies the entrepreneurial university model. The method
used for this study is the study of literature by discussing a number of studies on entrepreneurship
universities. The proposed entrepreneurial university model is with an output, process, and output
approach. In the process there are three factors focused, namely personal factors, behavioral factors,
environmental factors and technology. The implication of this research was to provide an alternative
model that can be applied to the development of entrepreneurship in universities, although in essence each university requires a different approach according to its environment.
Keywords: Entrepreneur university model, social cognitive theory
8 – 1049
The Influences of Capital Structure and Firm Size to Firm Value
through Profitability as Intervening Variable
Khairina Natsir1, Yusbardini2
{[email protected], [email protected]}
Economic and Business Faculty, Universitas Tarumanagara, Jakarta, Indonesia1,2
Abstract. The aim of this study is to investigatethe influence of capital structure and firm size on firm
value through profitability as an intervening variable. The study was conducted on manufacturing
companies of various industrial sectors in Indonesia Stock Exchange during the period 2013-2017. The
dependent variable is the value of the company measured by PBV. The independent variables are the capital structure measured by DER and firm value measured by ln(total assets).Profitability as
intervening variable measured by ROA. This study uses secondary data extracted from the financial
statements of 17 companies. Analysis conducted usingmultiple regression of panel data, path analysis
and sobel test.The results shows that company size and capital structure influences profitability significantly, while company size, capital structure and profitability significantly influences firm
value.The results also shows that profitability is able to mediate the effect of company size and capital
structure on firm value.
Keywords: Firm Value, Profitability, Capital Structure, Firm Size, Intervening
ICEBM 2019 Page 62 Kuala Lumpur, Malaysia
8 – 1050
The Effect of Organization Characteristics to Whistleblowing
Behavior for Identifying Fraud
Elsa Imelda1, Yenyen Hendris2
{[email protected], [email protected]}
Universitas Tarumanagara, Indonesia 1, Universitas Tarumanagara, Indonesia 2
Abstract. The purpose of this research is to obtain empirical evidence about the effect
of organizational characteristics such as respect and openness, cooperation and flexibility, fair treatment,
and trust in supervisory authority to whistleblowing behavior to identify fraud. This research used
questionnaires to collect data andthose questionnaires were distributed to 96 employees among private companies in Jakarta. The research finds that respect and openness, cooperation and flexibility have
positive effects on whistleblowing behavior. Meanwhile , trust in supervisory authority and fair
treatment has no effect on whistleblowing behavior.
Keywords: Respect and Openness, Cooperation and Flexibility, Fair Treatment, Trust in Supervisory Authority, Whistleblowing Behavior
8 – 1051
The Effect of Afective Commitments, Violation of Psychological
Contracts on Organizational Citizenship Behavior (OCB) with
Locus of Control As an Intervening Variable
Chintya Ones Charli1, Bayu Pratama Azka2, Robby Dharma3, Dori Mittra Candana4
{[email protected], [email protected], [email protected] [email protected],
Corresponding Author: [email protected]}
Department of Economic and bussines, Universitas Putra Indonesia “YPTK” Padang, Jl. Raya Lubuk Begalung, Lubuk
Begalung Nan XX, Kec. Lubuk Begalung, Kota Padang, Sumatera Barat, Indonesia1,2,3,4
Abstract. The purpose of this study was to determine the effect of affective commitment and
psychological contract violations on Organizational Citizenship behavior (OCB) through the Locus of
control as an intervening variable at PT. Gunung Naga Mas. Methods of data collection through surveys and distributing questionnaires, with a population of 73 respondents at Gunung Naga Mas Ltd. The
results showed that affective commitment influences Full Mediating on Organizational Citizenship
behavior (OCB) with Locus of control as an intervening variable, Psychological contract violation
mediates Organizational Citizenship behavior (OCB) with Locus of control as an intervening variable.
Keywords: Commitments, Contracts, Citizens and Control
ICEBM 2019 Page 63 Kuala Lumpur, Malaysia
8 – 1052
The Effect of Accounting Conservatism, Leverage, Growth
Opportunities, and Cash and Liquids to Corporate Investment in
Manufacture Firms Listed in Indonesia Stock Exchange
Andreas Bambang Daryatno1, Linda Santioso2 {[email protected], [email protected]}
Universitas Tarumanagara1,2
Abstract. This study aims to provide empirical evidence of the influence of Accounting Conservatism, Leverage, Growth Opportunities and Cash and Liquid on corporate investment. The object of research
used was manufacturing companies listed on the Indonesia Stock Exchange in 2014-2016. Samples
obtained by using purposive sampling method are 168 samples of manufacturing companies. The data
analysis tool uses Structural Equation Model (SEM) using Lisrel 8.8 software. The results of this study indicate that Accounting Conservatism, Leverage, Growth Opportunities and Cash and Liquid have no
influence on Corporate Investment
Keywords: Corporate investment, Accounting conservatism, Leverage, Growth opportunities,cash and
liquid
8 – 1053
Factors Affecting Earning Response Coefficient with Profitability
as Moderation in Manufacturing Companies
Henryanto Wijaya1, Stefanus Adhitya2, Hadi Cahyadi3, Susanto Salim4
{[email protected], [email protected], [email protected]}
Universitas Tarumanagara Faculty of Economics and Business1,2,3,4
Abstract. The purpose of this study is to obtain empirical evidence about the effect of Corporate Social
Responsibility (CSR) disclosure, profitability, leverage, and sales growth towards Earning Response
Coefficient (ERC) at manufacture companies that listed in Indonesia Stock Exchange during the years
2015-2017. This study uses purposive sampling method to collect data and consist of 52 companies
listed in Indonesia Stock Exchange during the years 2015-2017. Data obtained from annual report and
financial statements which has been audited and ends on December 31, 2015-2017. The result of this
study show that (1) CSR disclosure has a positive and significant effect towards ERC, (2) Profitability,
Sales Growth, Earning Persistence, Firm Size and Leverage has no significant effect towards ERC, and
(3) Profitability strengthen the relationships of Corporate Social Responsibility Disclosure, Sales
Growth, Earning Persistence, Firm Size and Leverage to Earning Response Coefficient.
Keywords: Corporate Social Responsibility Disclosure, Profitability, Leverage, Sales Growth, Earning
Persistence, Firm Size, Earning Response Coefficient.
ICEBM 2019 Page 64 Kuala Lumpur, Malaysia
8 – 1054
The Best Model for Predicting Tourist to Kalibiru
Nuryasman MN1, and Kartika Nuringsih2
{[email protected], [email protected]}
Fakultas Ekonomi & Bisnis Universitas Tarumanagara,
Jln.Tanjung Duren Utara No.1 Grogol, Jakarta Barat, DKI Jakarta, Indonesia, 11470
Abstract. The tourism sector is the most effective in encouraging an increase in Indonesia's foreign
exchange, although no forecasting model can be used to predict the number of tourist visits. This study
tries to fill the void of the model to predict the number of tourist visits to the Kalibiru attraction in
particular and Indonesia in general. Based on the value of Root Mean Squared Error (RMSE) and forecasting ability measured by the value of Mean Absolute Percentage Error (MAPE), from the 4
proposed models namely ARIMA, GARCH (0.2), GARCH (2.1) and GARCH (2) , 2), the GARCH
model (2.1) was obtained as the best model to predict the number of tourist visits to the Kalibiru
attraction
Keywords: ARIMA, GARCH, visitors, tourists, and travelers.
8 – 1055
The Role of Human Capital and Knowledge Management on
Innovation
Muthia Roza Linda1, Gesit Thabrani2, Firman3
{[email protected], [email protected], [email protected]}
Universitas Negeri Padang, Jl. Prof. Dr. Hamka Padang1, Universitas Negeri Padang, Jl. Prof. Dr. Hamka Padang2,
Universitas Negeri Padang, Jl. Prof. Dr. Hamka Padang3
Abstract. The purpose of this study was to examine the impact of Human capital and knowledge
management on innovation. This study has been conducted in Indonesia. Research respondents are bank
employees who have structural positions. The data has been collected by using a survey with
questionnaires. Based on the data analysis by using Partial Least Square (PLS smart 3.0), this study
found that the direct relationship between human capital and innovation is not significant, however,
surprisingly we found that it has a significant indirect impact through knowledge management as a
mediator. Human capital also has a significant direct effect on knowledge management. Knowledge
management has a significant direct effect on innovation. Implications of the study results suggest and
reinforce that knowledge management is not a major determinant to create innovation, but its presence is
an important input from the implementation of human capital, in order to improve innovation.
Keywords: Human capital, knowledge management, innovation.
ICEBM 2019 Page 65 Kuala Lumpur, Malaysia
8 – 1056
Financial Inclusion in Rural Msmes: A Swot Analysis
Rosyeni Rasyid1, Erni Masdupii2, Muthia Roza Linda3
{[email protected], [email protected], [email protected]}
Universitas Negeri Padang, Jl. Prof. Dr. Hamka Padang1, Universitas Negeri Padang, Jl. Prof. Dr. Hamka Padang2,
Universitas Negeri Padang, Jl. Prof. Dr. Hamka Padang3
Abstract. Regional economy is generally supported by Micro, Small and Medium Enterprises
(MSMEs). One of them is the MSMEsof embroidery. One of the regions which produce the best
embroidery product in West Sumatera is Pariaman; the product is the embroidery of gold thread. The
problem withMSMEs of embroidery in general is in terms of capitalization. The purpose of this study was to analyze the implementation of financial inclusion in MSMEs of embroidery. The data were
analyzed using SWOT analysis, Internal Factor Analysis Summary (IFAS), and External Factor
Analysis Summary (EFAS). Based on the results of the Internal External (IE) matrix analysis, the
position of the level of financial inclusion was in quadrant IV which pointed out that the internal environment was in a strong position while the external environment was in a moderate position. This
position indicated that the level of financial inclusion in MSMEsof embroidery was in a state of grow
and build. The strategy that can be applied is the Strength Opportunity (SO) strategy by maximizing
market power and taking into account market opportunity. This strategy needs to be supported by financial institutions, both banks and non-banks, that provide capital assistance in accordance with the
MSMEs sale system with low interest costs and People's Business Credit (PBC), and subsequently
conduct intensive training and mentoring. The intensive mentoringis not only in terms of finance but
also in terms of marketing.
Keywords: Rural-based MSMEs of embroidery, Financial inclusion, Financial institution, SWOT
analysis.
8 – 1057
Lecturers' Perception of the Purpose of Performance Evaluation
System
Ietje Nazaruddin1, Hafiez Sofyani2, Sri Rezki Hayati3, Erni Suryaningrum4, Caesar Marga Putri5
{Corresponding author: [email protected]}
Department of Accounting Universitas Muhammadiyah Yogyakarta, Jl. Brawijaya, Tamantirto, Kasihan, Bantul, Daerah
Istimewa Yogyakarta 55183, Indonesia1,2,3,4,5
Abstract. The performance appraisal system (PAS) has purposes that are oriented towards individuals
and institutions to improve the performance of higher education. This study explores lecturers'
perceptions of the purposes of PAS. Data were collected via questionnaires from 269 lecturers at higher
education in Indonesia. Confirmatory factor analysis was used for data collection. The results showed that the lecturer agreed that the PAS purposes would have an impact on lecturers and universities.
Lecturers have a perception that PAS is the basis for management's decision making for promotion and
reward, the process of documenting, and recognizing lecturers' performance. PAS provides information
about the weaknesses and strengths of lecturers and provides feedback for lecturers. PAS also has role-definition purposes of providing clarity about the role of lecturers in higher education institutions. In
addition, PASis recognized by lecturers, which can support the strategic purpose of higher education.
The results of the study provide information to universities to develop the performance appraisal system
because lecturers recognize the important role of PAS in achieving university goals.
Keywords: Performance Appraisal System, Performance Appraisal Purposes, Role-Definition Purpose,
Strategic Purpose.
ICEBM 2019 Page 66 Kuala Lumpur, Malaysia
8 – 1058
The Effect of Leadership Attitude on Job Satisfaction Through
Burnout in HWI Lindeteves Shops
Oey Hannes Widjaya1, Herlina Budiono2, Hendra Wiyanto3
{[email protected]; [email protected]; [email protected]}
Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta1,2,3
Abstract. The purpose of this research is to know the effect of leadership attitude on job satisfaction
through burnout in HWI Lindeteves shops. This research uses SEM-PLS on descriptive research method that analyzed over 80 respondents. The results of the research showed that burnout has a positive effect
on leadership style, burnout has a significant effect on job satisfaction, job satisfaction has a significant
effect on leadership style, and burnout also has effect on mediating job satisfaction and leadership style.
Keywords: Leadership Style, Job Satisfaction, Burnout.
8 – 1059
Credit and Collection Management Practices, Credit Risk
Management, and Financial Performance of Private Higher
Educational Institutions (HEIs) in the Philippines: Basis for
Continuous Improvement
Maria Delia M.Poot1
{[email protected], [email protected]}
De La Salle Lipa, Lipa City, Philippines1
Abstract. The main goal of an educational institution is to maintain its stability to improve its growth
and sustainability. Thus, educational institution must have an effective credit and collection management practices (CCMP) and credit risk management to avoid credit risk. The study assessed the credit and
collection management practices of private higher educational institutions (HEIs) as to planning,
organization and staffing, leadership, and coordination. It further assessed the credit risk management of
the institutions as to credit and collection policy and credit risk control. Descriptive research design, T-Test, ANOVA, and correlation were utilized in this study. Respondents were the Chief Finance Officer,
Controller, Finance Director, Finance Manager and the staff from the Finance Resource Department of
the institution. Results showed that a moderate positive correlation exists between the credit and
collection management practices as to planning, organization and staffing, leadership and coordination to credit risk management as to collection policy and credit risk control. Thus, a highly significant
relationship implies that the better the credit and collection management practices, the better the credit
risk management that they employed. Moreover, the computed r-values of profitability and the resulted
p-values of profitability indicate a moderate positive correlation which means that a significant relationship exists and implies that the better the credit and collection management practices, the better
the financial performance in terms of profitability. Likewise, results showed that a significant
relationship between credit risk management as to credit risk control and financial performance as to profitability, which means that the better the credit risk control applied, the better the performance.
Keywords: Credit and Collection Management Practices, Credit Risk Management, Credit and
Collection Policy, Credit Risk Control
ICEBM 2019 Page 67 Kuala Lumpur, Malaysia
8 – 1060
Determinants Of the Policy To Use Leverage Among
Manufacturing Firms in Indonesia
Margarita Ekadjaja1, Agustin Ekadjaja2, Halim Putera Siswanto3
{[email protected], [email protected],ac.id2, [email protected]}
Universitas Tarumanagara, Jakarta, Indonesia1,2,3
Abstract. A firm‘s decision to use leverage becomes a controversial policybetween the owner and the
shareholders. The aim of this study is to reveal the determinantsthat affecta firm’s decision to use leverage.
Data was colleected from financial reports ofmanufacturing firms in Indonesia during the year 2010-2017.
Based on data analysis by using Eviews 6.0, it can be revealed that institutional ownership, foreign
ownership, and firm size positively and significantly affecta firm’s decision to use leverage. Meanwhile,
asset structurehas negative and significant effect,and managerial ownership has positive yet insignificant
effect on such decision.
Keywords: Managerial ownership, institutional ownership, foreign ownership, firm size, asset structure
8 – 1061
The Relationship between Servant Leadership and Job Satisfaction: The Mediating Effect of Job Empowerment
Lin, Lin Chin Linda1, Agustinus Purna Irawan2, Paula Tjatoerwidya Anggarina3, Zhang, Yu-Wen4
Associate Professor, Department of Business Administration, Kun Shan University, Tainan, Taiwan1, Professor, Faculty
of Engineer, Universitas Tarumanagara 2, Lecturer, Faculty of Economics, Universitas Tarumanagara3, Graduate Student,
Department of Business Administration, Kun Shan University, Tainan, Taiwan4
Abstract. The purpose of this study is to explore the relation between servant satisfaction and job
satisfaction, and whether job empowerment will affect job satisfaction. Using Army aviation unit
subordinates as sample and 350 questionnaire data were distributed. 321 effective questionnaires were
collected. After analysis of the data, it was found that servant leadership had a positive effect on job
satisfaction, supervisors' job empowerment had a positive effect on job satisfaction, and servant
leadership had positive effect on job satisfaction through work empowerment. Finally, this study
discusses the relation of job satisfaction, and the initial research result of the work empowerment to
influence the integration of job satisfaction. In the future, this study hopes be contributed for leading
behavior of Chinese organization. Based on the results of the study, Research limitations and future
research explained in the research process.
Keywords: Servant Leadership, Job Empowerment, Job Satisfaction
ICEBM 2019 Page 68 Kuala Lumpur, Malaysia
8 – 1062
The Relationship between Moral Leadership and Organizational
Citizenship Behavior: The Mediating Effect of Job Satisfaction
Lin, Lin Chin Linda1, Agustinus Purna Irawan2, Paula Tjatoerwidya Anggarina3, Chou, Li-Feng 4, Hung, chun-
Ping5
Associate Professor, Department of Business Administration, Kun Shan University, Tainan, Taiwan1, Professor, Faculty
of Engineer, Universitas Tarumanagara2, Lecturer, Faculty of Economics, Universitas Tarumanagara3, Graduate Student,
Department of Business Administration, Kun Shan University, Tainan, Taiwan4,5
Abstract. Moral Leadership is one of the most important leadership styles in Chinese enterprises which
are also the one of the leadership styles of the paternalistic leadership. Nowadays most Chinese are
expecting the higher leaders who have highly standard moral during societies and organizations. It’s
based of the founders of enterprises to show their moral in Chinese capital socialism. Organizational
Citizenship Behavior means a behavior of individual without payment and it doesn’t have any system
with formal remuneration but promoting the behaviors of operation of organizations. Job Satisfaction is
the subordinate's psychological and physiological satisfaction with the working environment and job
responsibilities. Therefore, this study believes that Job Satisfaction should be the mediating effect of
virtues of leadership and organizational citizenship behavior. Using ROC army aviation sample and by
collecting 321 subordinate data. The analysis results indicate: (1) The moral leadership has a significant
positive effect on Job Satisfaction and organizational citizenship behavior; (2) Job Satisfaction has a
significant positive effect on organizational citizenship behavior; (3) Moral leadership has indirect
significant positive effect on Organizational Citizenship Behavior through Job Satisfaction; Job
Satisfaction is mediating between moral leadership and job satisfaction. Finally, based on the results of
the study, recommendations are put forward as a reference for management practices and future follow-
up studies.
Keywords: Moral Leadership、Job Satisfaction、Organizational Citizenship Behavior
8 – 1064
Intellectual Capital and Knowledge Management on Business
Performance
Riza Yonita1, Sutiyem2, MuthiaRoza Linda3
{[email protected], [email protected], [email protected]}
Universitas Putra Indonesia “YPTK”1, Sekolah Tinggi Ilmu Perdagangan2, Universitas Negeri Padang, Jl. Prof. Dr.
Hamka Padang3
Abstract. The purpose of this study was to examine the impact of intellectual capital and knowledge
management on business performance. This study has been conducted in Indonesia. Research respondents are bank employees who have structural positions. The data has been collected by using a
survey with questionnaires. We got 63 responses out of 80 questionnaires (78,75%). Based on the data
analysis by using Partial Least Square (WrapPLS 4.0), this study found that the intellectual capital has
not significant effect on business performance. Knowledge management has a significant effect on business performance. However, the results of the study showed that the simultaneous integration of IC
and KM had a 45% effect on business performance. Finally, some limitations and future research are
discussed.
Keywords: Business Performance, Intellectual Capital, Knowledge Management
ICEBM 2019 Page 69 Kuala Lumpur, Malaysia
8 – 1065
Attitudes toward Mobile App Payment Systems: A Case Study
among Indonesian Millennials
Vita Briliana1, Tita Deitiana2 and Wasisto Ruswidiono3
{[email protected] 1, [email protected], [email protected]}
Trisakti School of Management, Jl. Kyai Tapa No 20 Grogol,West Jakarta, Indonesia1,2,3
Abstract. This study adapted the Technology Acceptance Model (TAM) to examine how usefulness of
mobile apps, value for money, emotional value, and individual mobility factors influence Indonesian
millennials’ attitudes toward mobile app payment systems and how their attitudes mediate these four variables on continuance intention. Partial Least Square (PLS) was used to analyze the data collected
from 310 Indonesian millennials. Individual mobility was a strong factor influencing millennial attitudes
toward mobile app payment services, followed by usefulness of the apps and value for money.
Emotional value did not influence millennial attitudes toward the payment apps. The current research provides useful insights into millennials’ attitudes toward mobile app payment services. Managers and
decision-makers can use take into account the following insights to enhance millennials’ positive
attitudes and continuance intention toward mobile app payment services.
Keywords: Attitude towards mobile apps payment, Continuance intention, Usefulness mobile apps,
Value for money, Emotional value, Individual mobility.
8 – 1066
Stakeholders Perception of Earning Management And Its Effect
on The Quality of Accounting Information
Elizabeth Sugiarto D1 and MF Djeni Indrajati2
{[email protected], [email protected]}
Dosen tetap PPAk FEB Untar1, Dosen tetap S1 Akuntansi FEB Untar2
Abstract. This study aims to provide an overview of stakeholder perceptions of companies in Indonesia over earnings management and their influence on the quality of accounting information. Primary data
used respondents consisting of stakeholders. The questionnaire was distributed both manually and
through google form.The results indicate (1) there is no significant difference in stakeholder perceptions
based on gender , (2) there is no significant difference based on maturity on earnings management, but there are significant differences based on maturity level on the influence of earnings management on the
quality of accounting information, (3) there is no significant difference based on work experience , (4)
there is a significant positive influence between management profit on the quality of accounting
information. Thus it can be illustrated that the higher stakeholder perceptions of earnings management have an effect on the higher the quality of accounting information.
Keywords: Earning Management, Quality of Accounting Information
ICEBM 2019 Page 70 Kuala Lumpur, Malaysia
8 – 1067
Designing Consumer Intention Index
Keni Keni1, Lerbin R. Aritonang R.2, Ary Satria Pamungkas3
{[email protected], [email protected], [email protected]}
Faculty of Economics and Business, Universitas Tarumanagara, Jakarta1,2,3
Abstract. This research is a preliminary study to develop a national Consumer Intention Index (CII) in
the context of batik art. As a preliminary study, this study was conducted on 346 people who purchased
batik art as samples in the city of Yogyakarta and Solo. The result shows that the CII instrument produced is considered viable both in terms of validity and reliability.vIn addition, there were other
variables used to test the nomological validity of the CII instrument. Said variables consist of Trust,
Satisfaction and Perceived Value. Using SEM (Structural Equation Modeling), Intention has shown to
possess good nomological validity. In relation to it, there are four instruments used to measure variables. In addition to the conclusion, at the end of this research report several suggestions are given.
Keywords: Consumer Intention Index, Trust, Satisfaction, Perceived Value
8 – 1068
Factors Affecting Free Cash Flow With Dividend Policy As
Mediation Variables
Nia Widyanti and Nia1, Widyasari and Widya2
{[email protected], [email protected]}
Universitas Tarumanagara1,2
Abstract. The purpose of research is to obtain empirical evidence about the impact of board structure,
board independent and leverage to free cash flow with dividend policy as intervening variable on
manufacture companies in 2016-2018. This study used 29 manufacture companies selected using
purposive sampling method. The statistical method used to test the research hyphotesys is the path
analysis model. The results of this research are board structure have positive and significant effect,
board independent and leverage have insignificant effect, dividend policy have negative and significant
effect,dividend policy able to mediate the effect of board structure to free cash flow meanwhile,
dividend policy unable to mediate the effect of board independent and leverage to free cash flow. For
further research, it is recommended to extending the period of the study and adding other independent
variables.
Keywords: Free cash flow, dividend policy.
ICEBM 2019 Page 71 Kuala Lumpur, Malaysia
8 – 1069
Comparing the Benefits of International Diversification Using
Industrial Correlation and Non-Systematic Risk
Ignatius Roni Setyawan1
Faculty of Economics & Business, Tarumanagara University, Indonesia1
Abstract. Roll (1992) still states that the ASEAN capital market is still attractive for international
diversification in industry. To test the benefits of this international diversification, I uses industrial
correlation between stock exchanges index and MSCI and non-systematic risk measurement from Goeztmann, et.al. (2005). Based on calculations taking into account the problem of the local exchange
rate and the USD exchange rate, it finds the results of calculations between ASEAN countries compared
to each other and from the results of the analysis have found the smallest consumption goods industry in
the Philippines.These results are followed by almost always being the mainstay portfolio for the Philippines in every GICS industry. A different pattern can be demonstrated by the steepest reduction in
non-systematic risk in Indonesia during the 2008 global financial crisis. If it is presented in the dataof
2006-2009 then perhaps the sharpest reduction in non-systematic risk is the Philippines.
Keywords: ASEAN Stock Market, International Diversification Benefit, Intra Industry Correlation, GICS (Global Industry Classification Standard), Non Systematic Risk.
8 – 1070
The Effect of Leverage, Sales Growth, Firm Size, Corporate
Social Responsibility Disclosure on Earnings Response Coefficient
Syanti Dewi and Syanti1, Nataherwin and Nata2 {[email protected], [email protected]}
Universitas Tarumanagara, Jakarta, Indonesia1,2
Abstract. Financial information owned by the company is considered as a good signal for investors to make investment decisions, so it tends to see earnings information as a benchmark, but other
information is needed to predict the value of the company's stock returns, the earnings response
coefficient. Therefore testing is needed to find out how the influence of independent variables namely
leverage, sales growth, firm size and corporate social responsibility disclosure on the dependent variable, earnings response coefficient. This research was conducted to take the population of
manufacturing companies listed on the Indonesia Stock Exchange in 2016-2018. This research data was
processed using eviews. This study uses 58 samples of manufacturing companies based on purposive
sampling method. The results showed that leverage has a significant negative effect; sales growth has a significant positive effect, while firm size and corporate social responsibility disclosure have no
significant effect on earnings response coefficient.
Keywords: Leverage, Sales Growth, Firm Size, Corporate Social Responsibility, Earnings Response
Coefficient.
ICEBM 2019 Page 72 Kuala Lumpur, Malaysia
8 – 1071
SWOT Analysis of Batik Jambi SMEs
M. Tony Nawawi1, Rodhiah2
{[email protected], [email protected]}
Universitas Tarumanagara, Jakarta, Indonesia1,2
Abstract. Batik is one of Indonesian cultures which is an asset from ancestors and must be preserved.
Almost every province in Indonesia has its own distinctive batik.But not all regions in Indonesia can
preserve the batik industry. This study aims to assess the strengths, weaknesses, opportunities, and threats of the IndonesianJambi Batik.In order to keep developing both in the local and international
markets. 4 SMEs were examined as sample of this research conducted by purposive sampling. Data
collection was done by observations, interviews and group discussions.The research analysis was carried
out qualitatively using SWOT analysis.The qualitative method as a research procedure that produces descriptive data in the form of written or oral words from people or observable behavior.Research
description in outline is a research activity that wants to make a picture or try to write an event or
symptom systematically, factually with an accurate arrangement. The results showed strengths in: batik
skills, good quality, adequate packaging, natural motifs, and coloring.Weaknesses occurred in: expensive price, less efficient distribution and promotion, the existence of future generations, small
production scale, and very little innovation. Opportunities were in the forms of government support,
batik studio, near Batanghari river which is a tourist attraction, people's purchasing power, and market
potential. Threats were from new competitors, Java Island batik at low prices.
Keywords : Strategy, SWOT, competitive advantage, SMEs
8 – 1072
The Effects of Website Content and Trust on Online Purchasing
Intention of Agricultural Products
Yi-Chang Chen1, Hui-Ho Lee2
{[email protected], [email protected]}
No.195, Kunda Rd., Yongkang Dist., Tainan City 710, Taiwan1,2
Abstract. According to the literature review, positive website content and trust in internet shopping will
increase internet purchasing intention. Meanwhile, trust in internet shopping may play the mediating role. Therefore, this study aimed to explore the relationship between website content, trust in internet
shopping and purchasing intention. The results conducted from the 321-questionnaire survey
revealed:the importance of website content and trust in internet shopping are positively related to
online purchasing intention. However, the moderating effect of trust in internet shopping is insignificant.
The managerial suggestions were proposed as well.
Keywords: Website Content, Trust in Internet Shopping, Online Purchasing Intention.
ICEBM 2019 Page 73 Kuala Lumpur, Malaysia
8 – 1073
Service Quality and Shariah Banks’ Customer Loyalty in Indonesia:
The Mediating Role of Customer Satisfaction
Abror Abror1, Dina Patrisia2 and Yunita Engriani3
{[email protected], [email protected], [email protected]}
Faculty of Economics, Universitas Negeri Padang, Jl. Prof Hamka, Padang, Indonesia1,2,3
Abstract. Shariah banking is an emerging business recently. One of the important factors in managing
the Shariah business, such as the banking sector, is how to create customer loyalty. This preliminary study examines the influence of service quality and customer satisfaction on Shariah bank’s customer
loyalty. The population of this study is the customers of Shariah banks in West Sumatera. We used
Structural Equation Modelling (SEM) with Partial Least Squares (PLS) as the data analysis. This study
found thatservice quality has a positive and significant impact on customer satisfaction. Customer satisfaction is also a significant and positive antecedent of loyalty. Surprisingly, we found that service
quality has no significant direct influence on customer loyalty. However, it has a significant indirect
impact through customer satisfaction as a mediator. Hence, the link between service quality and
customer loyalty has been fully mediated by customer satisfaction.
Keywords: Shariah bank, Service quality, Customer satisfaction, Customer loyalty, Structural Equation
Modelling (SEM)
8 – 1074
Team Social Exchange Perspective of Employee Job Satisfaction
Nikodemus Hans Setiadi Wijaya1
STIE YKPN School of Business1
Abstract. This study develops the relationship between team social exchange relationship (i.e., leader-
member exchange, LMX and team-member exchange, TMX) and employee job satisfaction. Besides the
influences of LMX and TMX, this study also evaluate the join effect of LMX and TMX on job
satisfaction. The results demonstrated that LMX, TMX, and the interaction of LMX and TMX were all positively related to job satisfaction. The level of job satisfaction is strongest if LMX and TMX were
both high, - rather than if only LMX or LMX was high. This findings indicate that managers may devote
more efforts in improving social exchange relationship between employees and their supervisors and
teammates.
Keywords: Leader-member exchange (LMX), team-member exchange (TMX), job satisfaction
ICEBM 2019 Page 74 Kuala Lumpur, Malaysia
8 – 1075
Green Paradox by Gender
Conny Tjandra Rahardja1 and Tiara Nur Anisah2
{[email protected], and [email protected]}
STIE YKPN Yogyakarta1,2
Abstract. This study aims to obtain findings, whether the attitude of acceptance, environmental
awareness, knowledge about the benefits of green products have an impact on the intention to buy green
products, or do not have an impact and even tend to be ignored (green paradox). This study involved 204 respondents, using subgroup regression techniques to analyze the results. The findings of this study are
the green paradox based on gender, including: (1) The attitude of male and female gender acceptance
towards green products does not affect the intention to buy green products; (2) Environmental awareness
of male or female does not affect the purchase intention of green products; (3) The attitude of acceptance and environmental knowledge of male does not affect the intention to purchase green
products. With the increasing of acceptance, knowledge and care for the environment, it should
encourage the desire to consume green products to maintain human health and long-term environmental
sustainability. However, research findings show theopposite results, especially for male.
Keywords: Attitude of acceptance, environmental awareness, environmental knowledge, gender,
purchase intention, green product
8 – 1076
Environmental Factors Affecting The Acceleration Adoption of
Financial Technology (Fintech) by SMEs in The East Java Region
Sonata Christian1, Trianggoro Wiradinata2, Christian Herdinata3 and Auditia Setiobudi4 {[email protected], [email protected], [email protected],
Faculty of Management and Business, Ciputra University, Surabaya1,3,4, Faculty of Information Technology,
Ciputra University, Surabaya2
Abstract. Purpose – This study aims tohelp SMEs to define environmental factors affecting the acceleration of the adoption of Fintech by SMEs in The East Java Region.
Design/methodology/approach – An empirical study of TOE Framework focus on environmental factors
using data from 402 respondents of SMEs Owner and Manager who already implement OVO e-wallet in their business.Primary data analyzed using SEM-PLS. Finding – The high competition in industry has
no connectioon with the acceleration adoption of Fintech. Environmental variables concludes prediction
75,8% of Fintech adoption.The most interisting findings are among the three factors in environmental
only support from government and vendor significant accelerate adoption fintech by SMEs in The East Java Region. The findings suggested that vendors must actively offer e-wallet payment services and
provide training to merchants. Government support has also shown to be a significant antecedent toward
consumers’ intention to use e-wallet payment services.
Keywords: Financial technology, Environmental factors, Acceleration of the adoption.
ICEBM 2019 Page 75 Kuala Lumpur, Malaysia
8 – 1077
The Relationship Among Organizational Cynicism, Employee
Procrastination, Intention To Leave, and In-Role Performance
Wisnu Prajogo1, Heni Kusumawati2, Nikodemus Hans Setiadi Wijaya3 {[email protected], [email protected], [email protected]}
STIE YKPN School of Business, Yogyakarta1,2,3
Abstract. This research examines the relationship among organizational cynicism, employee procrastination, intention to leave, and in-role performance. 200 employees from various organizations
taken from a purposive sampling method participated in this research. Only employees with more than
one year work tenure may participate in this research. Hypothesis testing was conducted with two step
method of structural equation modelling. This research modified the initial model to reach better fit
between model and data as indicated with measurement results of fit values. This research found several
results. First, organizational cynicism has positive influence on employee procrastination. Second,
employee procrastination has positive influence on intention to leave. Third, employee procrastination
has negative influence on in-role performance. Fourth, as additional finding as a result of model modification,contrary to established theory, employee cynicism has positive influence on performance.
Keywords: Organizational cynicism, employee procrastination, intention to leave, and in-role
performance
8 – 1078
The Preliminary Exploration of Competency for Community
Revitalization- Taking Rural Young as Samples
Pei-Fang Tsai1, Yi-Chang Chen2 ,Yu-Ming Cheng3
{[email protected], [email protected], [email protected]}
Kunshan University, No.195, Kunda Rd., Yongkang Dist., Tainan City 710, Taiwan123
Abstract. According to the literatureof competency and entrepreneurship, developing appropriate
competencies is more likely to accomplish expected achievements especially under a uncertain business
environment. The conditions of communityrevitalizationin rural areas are in similar situation as a process of new business development. Therefore, this study focuses on what kind of competency youth
participants of community revitalization have. Taking the 8 excellent participants from 2 governmental
projectsas samples, the method of Behavioral Event Interview (BEI) was conducted. 5 main work fields
or stages and 19 related vital competencies were extracted.
Keywords: Rural Young, Community Revitalization, Competency Mode
ICEBM 2019 Page 76 Kuala Lumpur, Malaysia
8 – 1079
West Sumatra MSMEs Strategy
In Facing Competition In The 4.0 Industrial Revolution Using SWOT
Analysis
Emil Salim1, Nanik Istianingsih2, Harkamsyah Andrianof3 and Hanna Pratiwi4
Universitas Putra Indonesia YPTK, Jalan Lubuk Begalung, Padang, Indoensia
Abstract. The purpose of this study is to analyze the West Sumatera MSMEs Strategy in Facing
Competition in the era of the industrial revolution 4.0. This study uses a qualitative method with a
strategic analysis tool that is SWOT analysis to analyze internal and external factors and what strategies should be applied by MSMEs Facing Competition in the era of the industrial revolution 4.0. It is
expected that MSMEs will be able to take advantage of existing opportunities to increase sales in the
future. Based on the research results, a number of strategic recommendations are expected from MSMEs
to be able to compete with other MSMEs by relying on aggressive strategies to take advantage of internal opportunities, overcome internal barriers, and external support questions that are able to
maintain and improve product quality and variation, develop target or market segments, increase
Promotion to increase the number of business units.
Keywords: Strategy, MSMEs, SWOT Analysis and 4.0 Industrial Revolution.
8 – 1080
The Efffect of Profitability, Liquidity, Tangibility, Firm Size, and
Asset Turnover Toward Capital Structure in Chemical Industry
Listed in Indonesia Stock Exchange From 2014 to 2018
Erika Jimena Arilyn1
Trisakti School of Management, Kyai Tapa No. 20, 11440, Jakarta, Indonesia1
Abstract. The aim of this research is to analyse the effectof firm’s financial performance - profitability,
liquidity, tangibility, asset turnover – and firm size toward capital structure. Sample in this research is 8
out of 13 chemical companies which are listed in Indonesian Stock Exchange for five consecutive years (2014 – 2018). This research uses purposive sampling method and multiple regression to see the
contribution of each independent variable to dependent variable. The result of this research showed that
profitability, liquidity, and tangibility negatively effect the capital structure, while the other two
variables, firm size and asset turnover,do not effect thecapital structure.
Keywords: Financial performance,Firm Size, Capital Structure
ICEBM 2019 Page 77 Kuala Lumpur, Malaysia
8 – 1081
Usage of Investment Assessment and Decision Systems: The
Impact of Investor Characteristics
Sarwo Edy Handoyo1, Herlin Tundjung Setijaningsih2
{[email protected], [email protected]}
Universitas Tarumanagara, Jakarta1,2
Abstract. This article discusses the relationship between investor characteristics and investment
decisions as well as the evaluation or valuation information used. The method used by conducting a
literature review. Investigations are carried out on the relationship between investor characteristics and values in their dimensions. Investors who are anti-risk should use more information, especially process-
oriented information. Investors with a low tolerance for ambiguity will use more information, especially
financial, quantitative and unique information. Investors with an external locus of control will use less
information and need more external information. Investors with high performance requirements will use more information, especially quantitative information and processes. Investors who have experience
assessing the feasibility of investment projects will emphasize non-financial information, especially
process information.
Keywords: Valuation system, investor characteristics, information dimensions, investment decisions.
8 – 1082
Determinants of Exchange Rate Volatility
Ishak Ramli1
University of Tarumanagara, Jl. Tanjung Durent Utara No.1, Jakarta 11470, Indonesia1
Abstract. IDR/USD volatility of the January-March 2018 was the lowest compared to the currencies of
high risk countries (fragile five) and in the Asean region. Rupiah volatility is around 8%, while Brazilian
real volatility 15%, Mexican pesos 13%, Turkish lira 8.8%, Russian ruble 14%, South Korean won 9%, Malaysian ringgit 9.3%, Philippine peso 8.2% and Thai baht 9%. While comparing to period 2000-2015
the volatility was the highest within the Asean (the average 10%). What happened to the IDR/USD
volatility? Using secondary data from Central Bank and IDR/USD exchange rate from 2004 – 2015 we
analyzed 143 data with GARCH 1.1, we found that Trade openness, Reserve Assets, and Stock Market Index significantly negative determined The Exchange Rate Volatility. Productivity significantly
positive determined The Exchange Rate Volatility. While Bank Intervention positive not significantly
determined The Exchange Rate Volatility, and Inflation negative not significantly determined The
Exchange Rate Volatility. In order to reduce the exchange rate volatility the authority will reduce productivity and increase Trade openness, reserve assets, and stock market index.
Keywords: Exchange rate volatility, monetary, Stock Market Index, and Inflation.
ICEBM 2019 Page 78 Kuala Lumpur, Malaysia
8 – 1084
The Effect of Regional Financial Ratios to Human Development
Index (Empirical Study Of District / Cities in Central Java
Province 2012-2017)
Astuti Purnamawati1 and Jody Bintang Hudaya2
{[email protected] and [email protected]}
YKPN Business School Yogyakarta1,2
Abstract. This research examines the effect of ratio of decentralization, regional financial dependency
ratio, ratio of independence to regional finance, and harmonization ratio of expenditure allocation on Human Development Index. This study uses data on regional financial ratios in Central Java Province
from 2012 to 2017. The data used were obtained from the Central Statistics Agency.This research found
several results. First, the degree of fiscal decentralization has a significant effect on the human
development index (HDI). Second, the regional financial dependency ratio variable has a significant effect on the index of human development (HDI).Third, the regional financial independence ratio has a
significant influence on the index of human development (HDI) Fourth, the harmony ratio of
expenditure allocations has a positive effect on the human development index (HDI). Keywords: Regional Financial, Human Development Index (HDI)
8 – 1085
The Influence of Content Influencer Marketing on Consumer
Attitudes to Brands
(Case Study on Skinny Indonesian 24 in Bukalapak E-commerce
Company)”
Nuning Kristiani1, Ni Wayan Lasmi Pipiyanti2
Department of Management, STIE YKPN Yogyakarta, Jalan Seturan, Yogyakarta, Indonesia 55281
Telephone: 62-274-4863211,2
Abstract. This research is intended to determine the influences of influencer’s attractiveness,
trustworthiness, and expertise on consumer’s attitude towards advertising content, the influences of influencer’s attractiveness, trustworthiness, and expertise on consumer’s attitude towards advertising
content simultaneously, as well as the influence of consumer’s attitude towards advertising content on
consumer’s attitude towards brand. The object of this research is SkinnyIndonesian24 as the influencer
and Bukalapak as the brand. The population in this research is the e-commerce consumers who know about Bukalapak as a marketplace and have watched SkinnyIndonesian24’s vlog which title is “Kantor
Idaman di Indonesia, Bukalapak Research and Development Bandung Office Tour”. The forms were
distributed to 150 respondents and purposive sampling method was used as the sample collection technique. Both multiple and simple linear regression analysis was used to analyze the data in this study.
The results showed that the attractiveness of influencers, trustworthiness in influencers, and expertiseof
influencers proved to influence consumer attitudes towards advertising. While consumer attitudes
toward ad content have also been proven has no significant effect on consumer attitudes towards brands.
Keywords: Influencer, Attractiveness, Trustworthiness, Expertise, Consumer’s Attitude Towards
Brand.
ICEBM 2019 Page 79 Kuala Lumpur, Malaysia
8 – 1086
Influence of Return on Equity, Growth, and Size on Company
Values with Capital Structure As Control Variables
Robby Dharma1, Letnan dalimunthe2, Arbiuddin Syahputra Hakin Harahap3, Susriyanti4, Sartika Putri Rahayu5
{[email protected], [email protected], [email protected], [email protected], [email protected]}
Lecturer, Faculty of Economics and Business, University Putra Indonesia YPTK Padang
University Putra Indonesia YPTKPadang1, Student doctoral program University PutraIndonesia YPTK Padang
University Putra Indonesia YPTK Padang2,3, Lecturer, Faculty of Economics and Business, University Putra Indonesia
YPTK Padang4, Student of Accounting, Faculty of Economics and Business, University Putra Indonesia YPTK Padang5
Abstract. This study shows how much return on equity, growth and size of concern, audit opinion on
the trading company listed on the Indonesia Stock Exchange. This study is 165 manufacturing
companies listed on the Stock Exchange in 2013 until 2017. While this sample was determined by
purposive sampling method, in order to obtain 51 companies and 255 amount of data sampled. Data
analysis technique used is multiple regression analysis of data panels Eviews 9. Selection of the data
panel model used is Fixed Effect Model (FEM).The partial results of this study shows that the Return on equity has a positive and significant effect on Firm value. Growth has negative effects and not
significant on Firm Value. The size has a negative and significant effect on Firm Value. Simultaneously
that the Return on equity Growth, Size has a positive and significant effect on Firm value. Return on
equity, Growth, Size with Capital Structure is Variable Control has a positive and significant effect on Firm value.
Keywords: Return on Equity, Growth, Size, Capital Structure, Firm Value.
8 – 1087
Employee Performance Model in the Public Works and Spatial
Planning Office of West Sumatra Province
Marta Widian Sari1, Vivi Nila Sari2, Sitti Rizki Mulyani³, Yosi Aifa Putri4, Andri Novrianto5 {mar t a . widia nsar i@gmai l . com 1}
Management, University P u t ra Indones ia , Yp t k Pa da ng , Economics and Business Faculty, University of Putra
Indonesia “YPTK” Padang1,2,3,4,5
Abstract. Research this aim for knowing how big The Influence of Accuracy of Job Placement,
Experience, Job Engagement And Motivation on Partial and together employee performance. Method
data collection through survey and spread questionnaire, with sample 81 respondents of Public Works And Spatial Planning Office of West Sumatera Province with a design sample used are using solving
formula.Based on the result of the research, there is positive and significant influence between job
placement accuracy (X1) on employee performance (Y), there is positive and significant influence
between experience (X2) on employee performance (Y), there is a positive and significant influence between motivation (X4) on employee performance (Y), there is a significant influence between the
accuracy of the placement (Y) work (X1) experience (X2) job involvement (X3) motivation (X4)
collectively on employee performance (Y).
Keywords: Accuracy of Job Placement, Experience, Job Engagement, Motivation, and Employee
Performance.
ICEBM 2019 Page 80 Kuala Lumpur, Malaysia
8 – 1088
The Impacts of Online Comments and Bandwagon Effect on the
Perceived Credibility of the information in the Social Commerce:
the Moderating Role of Perceived Acceptance
Choon Ling Kwek1, Bi Lei2, Lai Yan Leong3, Michelle John A/P John Saggayam4, Ying Xue Peh5
{ [email protected], [email protected]}
Tunku Abdul Rahman University College, Jalan Genting Kelang, Setapak, 5330 Kuala Lumpur, Malaysia1,2,3,4,5
Abstract. Social commerce is growing and gaining popularity among Generation Y due to the
advancement of technology in which it creates a new marketplace for sellers and buyers. It allows an individual to browse, compare and purchase the products on social media sites such as Facebook,
Twitter and Instagram. Therefore, online comments, bandwagon effect and perceived credibility
mayhave potential influenced on the perceived credibility of the information given through the social
media sites. The study will be carried out among the social commerce users with the purpose to investigate the determinants of perceived credibility within the context of social commerce.
Keywords: Social commerce, online comments, perceived credibility, bandwagon effect, perceived
acceptance.
8 – 1089
The Impact of Number of Trusted Members on the Perceived
Credibility of the Information on the Social Commerce: the
Mediating Roles of Cognitive Trust and Affective Trust
Choon Ling Kwek1, Zhang Li2, Ke Shin Yeow3, Ng Ka Yee4, Thamilarasi A/P Thiruchandren5
{[email protected], [email protected], [email protected]}
Tunku Abdul Rahman University College, Jalan Genting Kelang, Setapak, 5330 Kuala Lumpur, Malaysia1,2,3,4,5
Abstract. With the advancement of internet technology, the transaction that conducted via social
commerce has becoming a trend. However, the credibility of the social commerce is in doubt due to
many fraudulent cases and scams being discovered frequently. Therefore, this study would like to evaluate the impacts of number of trusted members, cognitive trust and affective trust on the perceived
credibility on the information given on the social media sites among the social commerce users in
Malaysia.
Keywords: Social commerce, number of trusted members, cognitive trust, affective trust, perceived credibility.
ICEBM 2019 Page 81 Kuala Lumpur, Malaysia
8 – 1090
Why They Buy? Fighting Obesity through Consuming Natural
Functional Food
Phuah Kit Teng1, Khoong Tai Wai2, Ow Mun Waei3 and Tey Sheik Kyin4
{[email protected], [email protected], [email protected], [email protected]}
Department of Marketing, Faculty of Accountancy, Finance and Business, Tunku Abdul Rahman University College,
Malaysia1,2,3, Faculty of Business, Finance and Hospitality, MAHSA University, Malaysia 4
Abstract. Natural functional food industry is growing steadily worldwide and innovative products are being continuously launched thus making competition fierce. Successful commercialization of natural
functional food is proving to be challenging especially due to the need for a strategic approach to
product development processes. The main purpose of this study is to understand how consumers who are
suffering from obesity perceive natural functional food and how likely they willing to consume natural
functional food. Purposive sampling method was used in this study and a survey was conducted in
Malaysia where 163 obesity consumers were interviewed using structured questionnaires. The Integrated
Behavioural Model was adopted in this study. Descriptive statistics, exploratory analysis and multiple
regression were used to analyse the collected data.The results have shown that experiential attitude (perceived severity), instrumental attitude and personal agency (self-efficacy) influence obesity
consumer intention to consume natural functional food for the purpose of fighting obesity.
Keywords: Behavior, integrated behavioral model, natural functional food, obesity.
8 – 1091
The Impact of Celebgram Endorsement on Purchase Intention:
The Mediating Effects of Customer Attitude and Brand
Awareness
Yemima Amitay1, Hery Winoto, Tj2, Saparso3, Soegeng Wahyoedi4
{[email protected], [email protected], [email protected],
corresponding author: [email protected]}
Faculty of Economics and Business, Krida Wacana Christian University, Jl. Tanjung Duren 4 Jakarta 11470, Indonesia1,2,3,4
Abstract. This study aimed to examine the impact of Celebgram Endorsement on purchase intention on
millennial women in Jakarta, mediated by Brand Awareness and Customer Attitude. The hypothesis was tested using a quantitative method on 100 samples. Data were collected using questionnaires distributed
directly to the respondents through electronic media. Based on the data processing and analysis, there
were significant impacts on purchase intention affected by Celebgram endorsement, brand awareness,
and customer attitude. The results of this study showed that the mediation of Customer Attitude affected purchase intention more significantly compared to the mediation of brand awareness. This
study also concluded that millennial women tend to follow current trends, and social media activity has
a positive impact on brands as Celebgram endorsement supports their management on the process of
increasing Purchase Intention.
Keywords: Celebrity Endorsement, Customer Attitude, Brand Awareness, Purchase Intention.
ICEBM 2019 Page 82 Kuala Lumpur, Malaysia
8 – 1093
Skincare Product Survey: Indonesia vs Germany
Hetty Karunia Tunjungsari1, Katja Eisen2, Natascha Stroebelle3
{[email protected], [email protected], [email protected]}
Universitas Tarumanagara, Jakarta, Indonesia1, University Heilbronn, Reinhold-Würth Hochschule, Germany2,3
Abstract. This research aims to figure out consumer’s intention toward skin care products and different
perceptions between Germans and Indonesians regarding the following four factors that contribute to consumers ́purchase decisions: brand awareness, brand association, perceived quality and brand loyalty.
There were 214 respondents from Indonesia and Germany participated in the survey. From the results
weanalyzed similar and different buying behaviors among each group and examine what actually
matters for consumers nowadays to make sure that the brands offerings fulfil target group needs to the fullest. Research results are expected to bring scientific contributions in the field of consumer behavior.
The practical implications of this research are expected to provide input for marketers to create the right
product offerings for consumers.
Keywords: Skincare product, brand awareness, brand association, perceived quality, brand loyalty.
8 – 1094
Understanding Travel Behavior Between Indonesian and
Germany
Hetty Karunia Tunjungsari1, Laura Albrecht2, Helen Kirsammer3
{[email protected], [email protected], [email protected]}
Universitas Tarumanagara, Jakarta, Indonesia1, University Heilbronn, Reinhold-Würth Hochschule, Germany2,3
Abstract. Traveling – both in Indonesia and Germany - traveling is a hobby that has experienced a
significant increase in recent years. Nonetheless, there are intercultural differences among tourists as to
their choice, expectations and perceptions of destinations. The aim of this survey is to examine the travel behavior of both countries for the strategy development in the tourism industry in order to make travel
destinations more attractive.Online survey was conducted during October 2019 and there were 200
respondents from Indonesia and Germany participated in the survey. The results of this study are
expected to enrich theory in destination marketing area. Practically, the valuable results of this research are important as a reference for developing destination marketing strategies both in Indonesia and
Germany.
Keywords: Travel behavior, destination marketing, Indonesia, Germany.