{"title":"Laws on Economic Security: An Analytical Study of Some Ancient Indian Law Books","authors":"Harekrushna Mishra, Gunadhara Bhandary","doi":"10.33258/siasat.v7i3.128","DOIUrl":"https://doi.org/10.33258/siasat.v7i3.128","url":null,"abstract":"The king or the master of a Nation did not want to see any kind of misery for his subjects. It may be thought that if people are in a problem then they will go to the king as if a son goes to the father for the solutions. Then the king will be the part of the problem and he has to pay attention to it. But if there is less or no problem in his state then the king also can think about the prosperity of the state. This can be experienced in the history of medieval India. There was continuous fighting between the Indian Kings as well as the wars between Islamic invaders and indigenous Hindu Kings. During this period almost all kings deviated from the developmental agenda and as a result, the common man, as well as the weaker section, became weaker and India became economically backward. This paper intends to through a fresh light on the so called dark side of the Hindu social system.","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":"35 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89783985","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":"Social Concerns of Kautilya and Laws on Wage and Consumer Rights","authors":"Harekrushna Mishra","doi":"10.33258/siasat.v7i3.126","DOIUrl":"https://doi.org/10.33258/siasat.v7i3.126","url":null,"abstract":"Arthasastra is a Sanskrit text that deals with the Indian Polity and Hindu Social Laws. There are hundreds of laws made by this tradition which are also relevant even to these days. The Kautilya Arthasastra – written at the turn of the 5th to the 3rd century BC – is a classical work of political theory and International relations theory as well. The Arthasastra is a theoretical and normative work that features six pivotal idea clusters 1) State power, 2) Raison defeat, 3) Correlation of forces, 4) The Saptanga theory, 5) The Sadgunya theory, 6) The Matsya-nyaya theory, etc. The Kautilya Arthasastra also acts as the key to understanding the politicostrategic culture of modern India. Here this research shall focus on the ideas of Arthasastra on the social concern of Kautilian Laws with special reference to wage and consumer’s rights and mostly on the punishments for breach of contract and fraud.","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":"8 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89739830","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}
Lasrotua Effendi Hasibuan, Miftah El Fikri, Hernawaty
{"title":"Enhance Marketing Fresh Fruit in Sambu Market Medan North Sumatera","authors":"Lasrotua Effendi Hasibuan, Miftah El Fikri, Hernawaty","doi":"10.33258/siasat.v7i3.124","DOIUrl":"https://doi.org/10.33258/siasat.v7i3.124","url":null,"abstract":"The fresh fruit business at the certain Shop at the Sambu market has the field been around for a long time, namely since 1997 with a workforce of 3 people from their family members. The fresh fruit business has a fairly high market opportunity among the businesses in Medan's Sambu market, due to a large number of buyers and a large number of enthusiasts, but the Covid 19 has had a major impact on the declining sales lately, plus other shops. other fruit shops, know the advantages of marketing fresh fruit. Collecting data using interview instruments and questionnaires using the variables of imaging, product quality, price, and customer loyalty. The data analysis method is a combination of qualitative and quantitative methods which is an approach in research that combines and connects quantitative and qualitative research methods. This study used 60 samples taken from respondents. adjusted R Square number of 0.973 which can be called the coefficient of determination which in this case means that 97.3% of customer loyalty can be obtained, Product Quality and Price. While the remaining 100% - 97.3% = 2.7% is explained by other factors or variables outside the model. Such as Place, Service, promotion, etc.","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90304609","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}
Oluwafunke Adeola Adeleye, Oluwaseun Samuel Osadola
{"title":"International Aid in Managing IDPs: The Case of United Nations in Nigeria","authors":"Oluwafunke Adeola Adeleye, Oluwaseun Samuel Osadola","doi":"10.33258/siasat.v7i3.127","DOIUrl":"https://doi.org/10.33258/siasat.v7i3.127","url":null,"abstract":"Human displacement has been a recurring factor in international affairs. This, on one hand is a result of trans-border displacement while on the other hand, is due to the intensity of internal displacement and its attendant need for protection and assistance of internally displaced persons. International aid has remained a constant theme in human displacement in general even when internally displaced persons are basically the responsibility of their government. This research examines the interventions of United Nations in the management of internally displaced persons in Nigeria. It made use of both primary and secondary sources of data. The major instrument of research was oral interview of key respondents. The research found out that the United Nations, through its specialised agencies has been playing significant roles in all facets of protection, relief and development of internally displaced persons in Nigeria. The United Nations interventions were observed in the provision of basic healthcare, education, shelter, security,food and non-food items, orientation, durable solution and psychosocial support. The research concludes that, international aid, especially from the United nations has been strategic to the management of the humanitarian crisis in Nigeria. But despite the volume of the interventions, the high population of the IDPs continue to overshadow it. ","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":"2 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89848606","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":"Creation of competitive advantage in improving the business performance of banking companies","authors":"D. Patrisia, M. R. Linda, Abror Abror","doi":"10.20885/jsb.vol26.iss2.art1","DOIUrl":"https://doi.org/10.20885/jsb.vol26.iss2.art1","url":null,"abstract":"Purpose – This study aimed to examine the impact of innovation, intellectual capital and knowledge management, and competitive advantage on business performance.\u0000Design/methodology/approach – This study was conducted in Padang City, West Sumatra, Indonesia. The respondents are bank employees who have worked for more than five years and have structural positions in the company. The data has been collected using a survey with questionnaires. This study got 109 responses out of 135 questionnaires, so the response rate was 80.7%. It employed the Structural Equation Modeling (SEM) approach using Smart-PLS as the data analysis software.\u0000Findings – This study found that (1) innovation has a positive and significant effect on competitive advantage; (2) knowledge management has a negative but insignificant effect on competitive advantage; (3) intellectual capital has a positive and significant effect on competitive advantage; and (4) competitive advantage has a positive and significant effect on business performance. Surprisingly, it found that innovation significantly indirectly affects business performance through competitive advantage as a mediating variable. Intellectual capital has a significant indirect effect on business performance through competitive advantage as a mediating variable.\u0000Research limitations/implications – This study result can be more impactful considering several factors. First, this study is a cross-sectional study. Hence, it has a limitation in finding generalizations. Therefore, for further research, it could be expanded to a longitudinal study. Second, it is one country study. Future research might be extended to some countries with similar cultures, such as Southeast Asian Countries.\u0000Practical implications – This study has implications for the decision-makers. First, companies need to develop their intellectual capital through improving employee skills and applying information technology in business processes in order to maintain the company's competitive advantage so that it has an impact on improving the company's business performance. Second, the company is expected to be able to manage the knowledge owned by the company so that the knowledge it has can increase the creation of company innovation it provides a competitive advantage for the company.\u0000Originality/value –The contribution of this research is that the results of this study can be used as empirical evidence for banking companies of the importance of the role of IC, innovation, and KM in improving company performance by constantly creating the company's competitive advantage.","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45494531","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}
Sinto Sunaryo, J. Suyono, Sarjiyanto Sarjiyanto, Adnan Effendi, Risgiyanti Risgiyanti
{"title":"When follower believe in co-production leadership: why do personal characteristics matters?","authors":"Sinto Sunaryo, J. Suyono, Sarjiyanto Sarjiyanto, Adnan Effendi, Risgiyanti Risgiyanti","doi":"10.20885/jsb.vol26.iss2.art4","DOIUrl":"https://doi.org/10.20885/jsb.vol26.iss2.art4","url":null,"abstract":"Purpose – The present study aims to analyze personal characteristics that potentially affect the belief in co-production leadership and its effect on behavior based on the belief. This study also attempted to determine the impact of the leadership romance role on the relationship between coproduction leadership and the intention to obey the leader.\u0000Design/methodology/approach – The research used a survey method with a quantitative approach. Out of 250 distributed questionnaires, only 149 questionnaires met the criteria. Partial Least Square Structural Equation Modelling (PLS-SEM) was used to test the proposed hypotheses.\u0000Findings – The result of the study showed that the values of collectivism positively associated with the co-production leadership belief. However, the study also found that the values of individualism had no significant effect on the co-production leadership belief. Surprisingly, the result also showed that the co-production leadership belief positively affected the leader's intention to obey.\u0000Research limitations/implications – This study addressed political parties as the object of the study, so thoroughness in generalizing the result of the study to other objects is needed. The study's design is cross-sectional, which limits the researcher's in-depth analysis of workplace violence phenomena since the data being studied is only based on one period of time. Lastly, the data for analysis were limited to the respondents’ responses to statements in the questionnaire. More information could be obtained by conducting an in-depth interview with the respondents.\u0000Practical implications – The result of this study indicated that the romance of leadership moderates the relationship between the co-production leadership and the intention to obey the leader. This study opens new avenues for research on organizational cynicism and carries implications for theory and practice.\u0000Originality/value – This study attempts to answer the question about whether each individual with different characteristics (high values on individualism-collectivism) possess a different belief related to followership role orientation (i.e. co-production leadership). The study also examines whether this belief determines followers' behavior on leadership process.","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41964736","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 influence of cognitive biases on investor decision-making: the moderating role of demographic factors","authors":"Yofy Syarkani, Erik Syawal Alghifari","doi":"10.20885/jsb.vol26.iss2.art5","DOIUrl":"https://doi.org/10.20885/jsb.vol26.iss2.art5","url":null,"abstract":"Purpose – This study aims to see investor behavior in making investment decisions influenced by cognitive biases, namely overconfidence bias and the illusion of control bias by looking at the situational factors such as age, gender, and education.\u0000Design/methodology/approach – This study is conducted using a quantitative method by distributing a questionnaire. The questionnaires are measured using a 5-point Likert scale. The samples are taken from the population of individual investors in Bandung, West Java, with a number of 100 respondents.\u0000Findings – The results of this study prove that: (1) Illusion of control bias has an influence on investors’ decision-making, (2) Gender and education moderates the influence between the illusion of control bias on investor decision-making, (3) Age does not moderate the influence between the illusion of control bias on investor decision-making, (5) Overconfidence bias has an influence on investor decision-making, (6) Gender moderates the influence between overconfidence bias on investor decision-making, and (7) Age and education do not moderate the influence between overconfidence bias on investor decision-making.\u0000Research limitations/implications – The population in this study is limited to individual investors in Bandung. Future studies can conduct research in a similar direction using other populations, or focusing on a certain population, to ensure the generalizability of the results.\u0000Practical implications – Investors should be aware of cognitive biases while making decisions to invest. The biases can occur whether the investors realize it or not. Therefore, it would be useful for them to understand their cognitive biases so that investors can act rationally while making investment decisions.\u0000Originality/value – This study fills the research gap from the previous studies by examining the differences of investors' decision-making based on demographic factors, which are used as the moderating variables.","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43012529","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}
N. Nuryakin, Brian Kiprop Ngetich, Valent Krishna B
{"title":"Open innovation in SMEs a bibliometric literature review using VOSviewer","authors":"N. Nuryakin, Brian Kiprop Ngetich, Valent Krishna B","doi":"10.20885/jsb.vol26.iss2.art3","DOIUrl":"https://doi.org/10.20885/jsb.vol26.iss2.art3","url":null,"abstract":"Purpose – The focus of this study is to evaluate the features of open innovation using data accessed from the Scopus online database. We are looking at two keywords: open innovation and SMEs.\u0000Design/methodology/approach – The study measured a bibliometric analysis of 1,214 articles from 157 journals during 2007-2020.\u0000Findings: The findings showed that the publication trend on open innovation kept increasing. The most cited article was Open Innovation in SMEs: Trends, Motives, and Management Challenges by Van de Vrande with 1,107 citations, followed by Lee et al. with 699 citations. The publication journal with the highest citation was Technovation and Research Policy. The United Kingdom and Italy were in the top-ranking countries for publications on this topic. The document citation category showed that Belgium ranked the highest with 1,990, followed by the Netherland with 1,212.\u0000Research limitation/implications: This study provides a literature search on open innovation and has several limitations that require future study recognition. These limitations include that databases are limited to sources originating from one database only in data collection and data synthesis.\u0000Practical implications: The practical implications provide benefits about open innovation, which can help SMEs understand open innovation and apply it as their preferred strategy in developing business. This study also allows SMEs owners and managers to understand open innovation as a strategic choice to consider as the concept is a part of the strategic intervention for their business.\u0000Originality/value: This study provides the most influential contribution and impact on the research interest of open innovation that develops from various fields, including leading researchers and their home countries. Second, a co-citation analysis addressed the second question in this research study.","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43351718","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":"Job insecurity to counter productive work behavior moderated leader-member exchange","authors":"Y. Siswanti","doi":"10.20885/jsb.vol26.iss2.art7","DOIUrl":"https://doi.org/10.20885/jsb.vol26.iss2.art7","url":null,"abstract":"Purpose – This study aims to find out and analyze the influence of job insecurity on counterproductive work behavior (CWB) and test the quality of LMX as a variable moderation in employees in the creative culinary in Sleman Regency Yogyakarta.\u0000Design/Methodology/Approach – The type of research used in this study is explanatory with a quantitative approach. The population of this study is employees in 18 creative industries in the culinary field in Sleman Regency, Yogyakarta. One hundred twenty-two respondents took the sample by the purposive method. The instrument Test used validity and reliability. Hypothesis testing uses simple regression and moderated regression.\u0000Findings – Results show that job insecurity significantly affects counterproductive work behavior (CWB). LMX quality moderates the effect of job insecurity on CWB. The results of this study have theoretical and managerial implications and require further research.\u0000Research Limitation/Implications – This study has limitations, namely: population collection is still minimal because SMEs are studied in only one district, the type of SMEs business and limited to culinary, cross-sectional data collection. Further research should be expanded in the scope of the population, not only in one district but expanded in other districts in Yogyakarta. The type of product produced by respondents in this study is the culinary field, so it should be extended to different SMEs types. Second, cross-sectional data collection of this study requires a more longitudinal design in the future to get better study results. Third, the study did not distinguish CWB in workers with permanent employee status and workers with contract employee status.\u0000Practical Implications – Providing understanding to culinary SMEs to maintain good relations with all workers in the form of respecting workers, respect for the work of the men, establishing effective communication with workers under any conditions, trying their best for their men, and increasing the sense of belonging in the men.\u0000Theoretical Implications – Academics and researchers have a perceptual understanding of the contribution of leader-member relationships (LMX) in lowering the influence of job insecurity on CWB (CWB-O) and (CWB-I).\u0000Originality/Value – Authenticity of the study: Previous research that included LMX quality as a moderation variable between job insecurity and CWB is still very minimal. It shows that the theory reinforces the existence of LMX Theory that the high quality of LMX between leader-members has been characterized by an exchange of emotions based on mutual trust and respect. In contrast, the low quality of LMX relationships has the characteristics of economic exchange.","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43882551","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":"Moderating role of customer value on the effect of animosity, ethnocentrism and religiosity toward purchase decision: study on Chinese cosmetic","authors":"Asyhari Asyhari, Sitty Yuwalliatin","doi":"10.20885/jsb.vol26.iss2.art2","DOIUrl":"https://doi.org/10.20885/jsb.vol26.iss2.art2","url":null,"abstract":"Purpose – This study aims to examine the moderating role of customer value on the relationship between animosity, ethnocentrism, and religiosity on purchasing decisions of Chinese brand cosmetics.\u0000Design/methodology/approach – This study used a quantitative research design. Selected 150 millennial in the city of Semarang as samples was taken using the purposive sampling technique. The data were analyzed using a moderated PLS-SEM.\u0000Findings – The results showed that hostility, ethnocentrism, and religiosity had a negative and significant effect on purchasing decisions. The study also found that customer value actually becomes a moderator that can weaken the relationship between these three variables on purchasing decisions.\u0000Research limitations/implications – Data were collected from millennial in the city of Semarang. This condition causes limitations as it may not capture reflections from other age groups that are different from the sample. Thus, further marketing studies are needed with comprehensive respondent characteristics, increasing the number of samples, and including other moderating variables such as the level of customer trust.\u0000Practical implications – The empirical findings of the current study help international businesses in understanding negative factors as antecedents of purchase decisions. This will be useful in planning marketing activities and efforts to increase market share. In addition, managers can consider the customer value to gain the trust of customers.\u0000Originality – The study on the negative influence of animosity, ethnocentrism, and religiosity on purchase decisions in Indonesia is very limited. This study focuses on explaining the importance of customer value as a moderating factor, in anticipation of the negative relationship. This study contributes to multinational companies understanding the consumer purchase decision.","PeriodicalId":31923,"journal":{"name":"Jurnal Siasat Bisnis","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41986327","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}