{"title":"Does Board Gender Diversity Affect Financial Distress","authors":"Yandi Suprapto, Irvin Ng","doi":"10.24843/matrik:jmbk.2023.v17.i02.p01","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i02.p01","url":null,"abstract":"Females were regarded as incompetent as a leader before the current modern era. But, female in managerial positions has been increasing since 2015. As part of corporate governance, there is only a few research regarding gender diversity’s relationship with financial distress with different results on different context. This research investigates the role of board gender diversity on firms’ financial distress. Multiple linear regression is used as the method of study. In general, board gender diversity does not have any relationship with financial distress in the infrastructure firms. When dissected into 4 sub-sectors, 1 out of 3 sub-sectors with 1 other sub-sector excluded, shown a negative relationship between board gender diversity and financial distress while the other 3 sub-sectors do not show any significant relationship. Keywords: Corporate Governance; Financial Distress; Gender Diversity.","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"35 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139283035","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Heni Noviarita, Muhammad Kurniawan, Khavid Normasyhuri, Gustika Nurmalia
{"title":"Tourism Transition and Green Economy: Inspire or Prevent People's income in the Covid-19 Shock","authors":"Heni Noviarita, Muhammad Kurniawan, Khavid Normasyhuri, Gustika Nurmalia","doi":"10.24843/matrik:jmbk.2023.v17.i02.p03","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i02.p03","url":null,"abstract":"This research was conducted with the aim of analyzing the green economy transition in tourism, especially tourist villages, whether it is able to provide inspiration or actually prevent an increase in people's income in conditions of the COVID-19 shock. The research was carried out in tourist villages in West Java and Lampung Provinces. This study found thatthe transition of a tourist village with the concept of green economy has a strong influence in increasing the income of rural tourism communities in conditions of the COVID-19 shock, this is due to the fact that the green economy concept encourages the utilization of natural resources and environmental preservation, this will ensure a sustainable attraction for tourists which in turn can increase revenue. Keywords: COVID-19; green economy; tourism village.","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"69 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139282661","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Thasrif Murhadi, G. Syamni, Marzuki Marzuki, Zamzami Zainuddin, Sari Yulis Terfiadi
{"title":"Financial Investment Behavior of Individual Investors in Indonesia After the Revocation of the Covid-19 Policy","authors":"Thasrif Murhadi, G. Syamni, Marzuki Marzuki, Zamzami Zainuddin, Sari Yulis Terfiadi","doi":"10.24843/matrik:jmbk.2023.v17.i02.p06","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i02.p06","url":null,"abstract":"This study explores the impact of psychological, social, and demographic aspects on individual stock investor decision-making after the revocation ofCOVID-19 in Indonesia. With the cooperation of local representatives of the Indonesian Stock Exchange, this study uses data collection approachessuch as sending questionnaires to participants. The questionnaires were sent out between the three weeks of January 2023 after President Joko Widodoannounced the lifting of social restrictions during the pandemic, and then at the end of 2022. In this way, 108 questionnaire responses were thuscollected for the study. The results showed that individual stock investor behavior gender, age, and marital status didn’t affect individual investor'sinvestment behavior. Work, education, and experience positively and significantly impact an individual investor's investment behavior. However, the revocation of social constraints negatively affects this behavior. A study finds education is the most important variable influencing equity investorbehavior. Keyword: Behavior; Covid-19; Investors; Individuals.","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"59 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139282429","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impact of Tourist Satisfaction Attributes on Behaviour of Sharing Tourism Experiece on Social Media","authors":"Suwitho Suwitho, Hindah Mustika, Fastha Aulia Pradhani","doi":"10.24843/matrik:jmbk.2023.v17.i02.p05","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i02.p05","url":null,"abstract":"Tourist satisfaction is an emotion that is felt by visitors when they there are in a place, in this case a tourism place. The satisfaction felt by visitors makes certain behaviours, which in this case share information using social media. This objective study is examines and analyzes the predictors of tourist satisfaction and tourist engagement on the behaviour of sharing tourism experience on social media. Methode: quantitative research with analysis technique. Results all variables influence can be acceptable and positive impact. Novelty in this study is the existence of tourist engagement that is able to make something unique because both the visitor and the place visited have an emotional engagement. Implication of results that with social media so we can easy to share experience and for destination as a promotion place, communication with prospective customer and discussion. Keywords: Attraction; Engagement; Satisfaction; Social Media.","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"125 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139282557","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Blue Ocean Strategy for Herbal Liniment: Escaping Tight Competition in Indonesian Market","authors":"Elvina Yohana Santoso, W. Murhadi","doi":"10.24843/matrik:jmbk.2023.v17.i02.p04","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i02.p04","url":null,"abstract":"The herbal liniment industry operates in a highly competitive and saturated market. This study focuses on developing a blue ocean strategy for Yodosan Herba Natur, an herbal liniment manufacturer, to treat musculoskeletal pain. Through qualitative interviews with 17 participants in Surabaya, customer preferences and latent needs for musculoskeletal pain treatment were explored. Data analysis utilizing NVIVO v.12 software revealed seven main themes: effectiveness, experience, ease of use, sensation, availability, recommendation, and other factors. This research assessed the competitive landscape comprehensively using blue ocean strategy analysis tools. The blue ocean strategy is to develop an odorless product with long-lasting heat, a strong brand image, widespread availability, compact size, and affordable prices. New factors introduced are packaging designs, niche marketing, and strategic partnerships. The findings highlight the potential for Yodosan Herba Natur to revolutionize musculoskeletal pain treatment and capture the untapped markets of second and third-tier non-consumers.","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"34 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139282615","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Agus Wahyudi Salasa Gama, Ni Putu Yeni Astiti, Ni Wayan Eka Mitariani
{"title":"Biased Behavior and Stock Investment Decisions of Investors in Bali, Indonesia","authors":"Agus Wahyudi Salasa Gama, Ni Putu Yeni Astiti, Ni Wayan Eka Mitariani","doi":"10.24843/matrik:jmbk.2023.v17.i02.p02","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i02.p02","url":null,"abstract":"Investment decisions are often affected by irrational behavioral factors that cause improper logical analysis. Herding and overconfidence are two behaviors that lead to biased decision-making, specifically regarding investment. Therefore, this study aimed to test the effect of herding and overconfidence on investment decisions moderated by financial knowledge and attitude. Using a sample of 267 stock investors, the test was conducted with PLS-SEM. The results showed that overconfidence positively influences individuals' investment decisions, while herding has no effect. Financial knowledge and attitude were found not to moderate this effect but could act as predictor variables with a significant positive impact on investment decisions. Keywords: Herding; Financial Knowledge; Financial Attitude; Financial Behavior Overconfidence.","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"125 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139282685","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Bank Profitability Analysis: the Role of Liquidity, Company Size, Asset Quality and Leverage","authors":"U. Hartono, Desi Nurvitasari","doi":"10.24843/matrik:jmbk.2023.v17.i02.p07","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i02.p07","url":null,"abstract":"Banks are one of the most important sectors for a country’s economic growth, so banks must be appropriately managed. The success of bank management is reflected in resulting profitability. This research aims to analyse the effect of liquidity, firm size, asset quality, and leverage on bank profitability in 2017-2021. The population in this study is 27, and the sample is 25, which was selected using purposive sampling. This study uses secondary data from Bank financial reports obtained from the bank website. The result shows that liquidity and company size did not affect profitability, while asset quality and leverage affected profitability. This research implies that manager banks must pay attention to asset quality and leverage by considering the 5C principle in assessing creditworthiness. Keyword: Asset Quality; Company Size: Leverage; Liquidity; Profitability","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"119 4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139285626","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How Social Media Reviews and Perceived Value Affects the Purchase Intention of Beauty Products","authors":"Karina Vashti Devi, Laurentia Verina Halim","doi":"10.24843/matrik:jmbk.2023.v17.i02.p08","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i02.p08","url":null,"abstract":"This research was conducted with the aim of analyzing the green economy transition in tourism, especially tourist villages, whether it is able to provide inspiration or actually prevent an increase in people's income in conditions of the COVID-19 shock. The research was carried out in tourist villages in West Java and Lampung Provinces. This study found thatthe transition of a tourist village with the concept of green economy has a strong influence in increasing the income of rural tourism communities in conditions of the COVID-19 shock, this is due to the fact that the green economy concept encourages the utilization of natural resources and environmental preservation, this will ensure a sustainable attraction for tourists which in turn can increase revenue. Keywords: COVID-19; green economy; tourism village.","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"83 10 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139287644","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Implementation of Bali Local Cultural Values (Jengah, Taksu, and Menyamabraya) in Human Resources Practices Associated with Stress and Organizational Performance in Cooperatives in Bali","authors":"N. Sitiari, Luh Kade Datriani, I. M. Amerta","doi":"10.24843/matrik:jmbk.2023.v17.i01.p08","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i01.p08","url":null,"abstract":"The purpose of this research is to find out and explain the implementation of Balinese cultural values in human resource practices associated with stress and organizational performance. Respondents are managers of cooperatives in Bali total of 79 people. The analysis technique uses the application of a PLS-based structural equation model or SEM (structural equation modeling). The results showed: The influence of HR practices that implement local Balinese cultural is negative and significant on work stress. The influence of the implementation of local cultural values on HR practices on organizational performance is positive and not significant.The effect of stress on organizational performance is increasing. positive and significant. So it is a finding in this study that the implementation of cultural values contained in the concepts of jengah, taksu, and menyamabraya to reduce stress and improve organizational performance. Employees feel no pressure because of the suitability of HR practices with their culture. \u0000Keyword: Cultural values (jengah, taksu, and meyamabraya) in HR practices, stress, and organizational performance","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"161 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114449799","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Ni Made Susi Adnyani, N. K. Sinarwati, Fridayana Yudiatmaja
{"title":"The Effect of Digital Literacy and Innovation Resistance to Use Digital Payment for Taxpayers","authors":"Ni Made Susi Adnyani, N. K. Sinarwati, Fridayana Yudiatmaja","doi":"10.24843/matrik:jmbk.2023.v17.i01.p07","DOIUrl":"https://doi.org/10.24843/matrik:jmbk.2023.v17.i01.p07","url":null,"abstract":"The growth of digital payments is accelerating with technological advancements, which must fully pique the interest of the general public, particularly the land and building taxpayers in Buleleng Regency. This study looks at how innovation resistance and digital literacy affect taxpayers' desire in adopting digital payments for land and buildings in the Buleleng area. Utilizing a questionnaire, this study is quantitative. 178 respondents were chosen using a chance sample technique from the population of this study, which consists of land and building taxpayers in the Buleleng regency. Using SEM-PLS analysis, test the data. According to the study's findings, digital literacy significantly and favorably influences people's intentions to utilize digital payments, (2) the desire to use digital payments is negatively and significantly impacted by innovation resistance, (3) the intention to use digital payments is impacted simultaneously by both digital literacy and innovation resistance. \u0000Keywords: Digital Literacy, Innovation Resistance, Behavior Intention, Digital Payment","PeriodicalId":246099,"journal":{"name":"Matrik : Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan","volume":"519 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116257338","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}