Asian journal of economics, business and accounting最新文献

{"title":"The Role of Sensing Capability, Learning Capability and Coordinating Capability on Market Performance: Perspective of Small and Medium Enterprises (SMEs)","authors":"Ema Trisnawati, Nur Afifah, Mustaruddin, Rinta Cahyani","doi":"10.9734/ajeba/2024/v24i61372","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61372","url":null,"abstract":"Aims: The aim of this study is to investigate the impact of sensing capability, learning capability, and coordinating capability on the market performance of Small and Medium Enterprises (SMEs). By examining these three critical capabilities, this research seeks to provide a comprehensive understanding of how SMEs can leverage their internal resources and competencies to achieve superior market outcomes as a market performance in today's dynamic and competitive business environment. \u0000Study Design:  This study employs a quantitative research approach using a cross-sectional survey design to gather data on SMEs' sensing, learning, and coordinating capabilities, as well as their market performance. \u0000Place and Duration of Study: The study was conducted in Pontianak, West Kalimantan, Indonesia. Data were collected from 97 SME owners or managers who were selected based on the criteria of having been established for at least 3 years. \u0000Methodology: Data collection was done using a structured questionnaire administered through an online survey platform. The collected data were analyzed using Structural Equation Modeling (SEM) with the Partial Least Squares (PLS) approach. The analysis was conducted using SmartPLS 4.0 software and involved two stages: (1) measurement model assessment and (2) structural model assessment. \u0000Results: The analysis results confirm the convergent validity, internal consistency, composite reliability, and discriminant validity of the constructs: Sensing Capability (SC), Learning Capability (LC), Coordinating Capability (CC), and Market Performance (MP). Using SEM with SmartPLS V.4, the study found that sensing capability (β = 0.383, p < 0.05) and learning capability (β = 0.430, p < 0.05) significantly impact market performance, supporting hypotheses H1 and H2. However, H3 was not supported, as coordinating capability (β = 0.088, p > 0.05) did not show a significant relationship with market performance. \u0000Conclusion: This study emphasizes the importance of sensing and learning capabilities for SMEs in Pontianak to enhance market performance. Coordinating capability may have an indirect effect. SME owners and managers should invest in these capabilities to adapt to market changes and maintain a competitive advantage. The findings contribute to the understanding of dynamic capabilities and provide practical insights for SMEs in West Kalimantan, Indonesia.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"14 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141267499","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 Product Quality, Price, and Innovation on Customer Loyalty: A Study of Casio Watches Purchased Online in Cimahi City","authors":"Mochammad Farhan, Hariyadi Triwahyu Putra","doi":"10.9734/ajeba/2024/v24i61371","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61371","url":null,"abstract":"The research was conducted with the aim of analyzing the influence of performance, durability, perceived quality, price and product innovation on online customer loyalty of Casio watch products in Cimahi City. The research instrument has gone through the validity and reliability testing stages, classical assumption testing and multiple regression testing. This instrument was used as a data collection tool from respondents aged at least 17-40 years who had purchased Casio watches, which were the objects assessed in this research, but only those purchased online. The number of respondents in this study was 120 people. The analytical tool used to test the data instrument is SPSS version 29 software. The novelty in this research is the object and its locus. The limitation of this research is that only 3 of the 8 dimensions of product quality are taken, namely performance, durability, perceived quality and the locus is only in the city of Cimahi, perhaps in other cities the results will be different. The findings of this research explain that performance, durability, perceived quality do not have a positive effect on customer loyalty. However, price and perceived quality have a positive effect on customer loyalty. Meanwhile, the number of samples, sampling techniques and data analysis techniques can be adjusted to the objects assessed by previous researchers. It is also hoped that the results of this research will be useful for managers of objects being assessed regarding the design of relevant strategies or programs. Of the six hypotheses, only two are accepted: price and product innovation have a positive influence on customer loyalty.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"46 40","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141269612","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":"Determinants of Capital Structure and the Effect on Firm Value: Evidence from Indonesia","authors":"Sukma Febrianti, Giriati, Helma Malini, Wendy","doi":"10.9734/ajeba/2024/v24i61370","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61370","url":null,"abstract":"Aims: To analyze the influence of macroeconomic factors (GDP Growth) and microeconomic factors (Tangibility and Profitability) on company value (Tobin's Q), as well as examine the mediating role of capital structure (Interest-bearing debt).\u0000Study Design: The design of the study is quantitative research with a panel data regression approach and path analysis to examine the relationship between macro and micro economic variables on firm value, as well as the mediating role of capital structure in the relationship..\u0000Place and Duration of Study: Companies included in the Kompas 100 index listed on the Indonesia Stock Exchange for the period 2018-2022.\u0000Methodology: This study uses a population of companies listed in the Kompas 100 index on the Indonesia Stock Exchange for the period 2018-2022 and takes a sample of 70 companies that meet the criteria with purposive sampling method. A quantitative approach is used by analyzing panel data through panel data regression to test the effect of independent variables (GDP Growth, Tangibility, and Profitability) on the dependent variable (Firm Value) and the mediating variable (Capital Structure), as well as path analysis with the Sobel test to test the mediating role of Capital Structure in the relationship between the independent variable and the dependent variable.\u0000Results: The regression analysis showed that GDP had no significant impact on either capital structure or firm value. However, company-specific factors like tangibility and profitability were the main determinants. Tangibility positively influenced capital structure, while profitability had a negative effect. Tangibility negatively affected firm value, and capital structure itself correlated negatively with firm value. Capital structure was only significant as a mediating variable in the relationship between profitability and firm value.\u0000Conclusion: Macroeconomic indicators such as GDP have limited explanatory power on capital structure and firm value, whereas firm-specific factors like asset tangibility and profitability are crucial determinants of optimal capital structure and value maximization. Further studies should utilize alternative macroeconomic proxies with higher sensitivity, like interest rates and inflation, broaden the sample scope to incorporate SMEs alongside large corporations, control for relevant firm-level characteristics, extend the time horizon, and leverage sophisticated analytical techniques such as structural equation modeling.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"17 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141273133","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":"Purchasing Patterns of Private Label Product Attributes in Generations X and Z","authors":"Afanina Arbin Maula, Albari Albari","doi":"10.9734/ajeba/2024/v24i61369","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61369","url":null,"abstract":"This research aims to explain the influence of Indomaret private label product attributes, store image, perceived value, trust and repurchase intention. The retail industry is very embedded in people's lives, especially in Indonesia. This industry is a very dynamic industry and has a major contribution to the development of the national economy, so this topic is interesting to discuss especially how retailers can manage their consumers. This research was conducted in Indonesia from August 2023 until April 2024. This research uses a quantitative approach method. The sample used was 298 respondents. The analysis technique used structural equation modeling (SEM) processed by AMOS 24.0 processing program. The results showed that there were three hypotheses that were not supported and six hypotheses that were supported. The result is, the value received by consumers has a positive but not significant influence on repurchase intention and has a positive and significant influence on trust, which also supports the existence of equity theory. Store image has a positive and significant influence on repurchase intention, trust and perceived value. For the product attribute variable, it has a positive but not significant effect on repurchase intention and perceived value but has a positive and significant effect on trust. This research provides new insights to retail companies or managers to understand what factors are used in carrying out marketing strategies, especially to form positive consumer behaviour through product attributes, store image, perceived value and trust.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"21 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141273345","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":"Assessing Service Quality and Passenger Satisfaction: A Quantitative Study of Sea Transportation on the Padang Mentawai","authors":"Faisal Saransi, Nelfi Erlinda","doi":"10.9734/ajeba/2024/v24i61366","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61366","url":null,"abstract":"Sea transportation is a vital component of the transportation network, with the Ship Sabuk Nusantara 68 serving as a key sea transport vessel under the Indonesian National Shipping Limited Liability Company (PT) (PELNI). Operating between Padang City and Mentawai Island, this passenger ship plays a crucial role in connecting these destinations. However, despite its importance, complaints regarding the quality of sea transportation services, particularly on the KMP Sabuk Nusantara 68 route between Padang and Mentawai, have been voiced by passengers.In response to these concerns, this research was conducted to assess the levels of service quality and passenger satisfaction. The study aimed to identify priority factors for enhancing service performance and passenger satisfaction. Employing a quantitative method, researchers utilized questionnaires as research instruments, with data analyzed using the Likert scale and the Important and Performance Analysis (IPA) methodology.The findings revealed that overall service quality was satisfactory, with passenger satisfaction levels reaching 89.12%. However, further improvements are still needed, particularly in areas such as ship cleanliness, which emerged as a critical aspect requiring immediate enhancement. Therefore, while passengers are generally content with the services provided, there is still room for improvement to ensure a consistently high level of service performance and passenger satisfaction.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"3 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141099212","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":"Organizational Justice and Its Effects on Employee Retention in Banana Companies: A Quantitative Analysis","authors":"Maelyn L. Salova, Jenica R. Samperoy, Hazel Mae C. Llorente","doi":"10.9734/ajeba/2024/v24i61365","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61365","url":null,"abstract":"This study aimed to determine the relationship between organizational justice and employee retention in banana companies. A quantitative approach with descriptive and correlational designs was used. The respondents of the study were 89 employees working in two banana companies in the Municipality of Santo Tomas. The respondents were selected through convenience sampling technique. Mean and Pearson-r were used to analyze the data, which were obtained through the use of two adapted questionnaires. The findings revealed that organizational justice in terms of distributive justice, procedural justice, and interactional justice is always manifested in banana companies. On the other hand, employee retention in terms of a positive work environment, employee freedom and flexibility, employee involvement and growth, employee communication and assistance, and compensation and benefits are always manifested, too. The result indicated that there was a significant relationship between organizational justice and employee retention in banana companies. The findings suggested that banana companies may prioritize a fair distribution of workloads based on employees' skills and experience to ensure fairness. Management may have regular team outings or social events for building relationships and conducting frequent trainings, which shows the organization's commitment to employee growth. Future researchers may conduct studies investigating factors or mediators such as job satisfaction, organizational commitment, and leadership styles, which may help in gaining insight into the deeper processes in this relationship.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"44 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141112869","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":"Fintech, Financial Development, and Digitalization Derive the Sustainable Economic Recovery: COVID 19 Pandemic and Post Pandemic Perspectives","authors":"Yun Li, Muhammad Naeem Shahid, Muhammad Umar Islam, Fatema Deme","doi":"10.9734/ajeba/2024/v24i61364","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61364","url":null,"abstract":"Economic recovery has become a hot topic after the emergence of the COVID-19 pandemic, where financial, digital, and natural resources are important aspects to consider for economic revival. The study explores the impact of Fintech, Financial development, digitalization, and natural resource rents on economic recovery from 2019 to 2023 from the perspective of BRICS economies. The potential importance of financial technology, development, digitalization and natural resources during COVID-19 motivate the authors to explore their importance for economic sustainability. With appropriate econometric models, the study observes that all the independent variables are the main drivers of economic recovery during and after the COVID-19 era. A bi-directional causal connectivity is observed between explanatory and outcome variables. The findings suggest that the BRICS economies should take preventive measures to avoid the volatility of natural resources and actively promote Fintech, Financial development, and digitalized activities to achieve economic goals.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"63 17","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141113264","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":"Market Orientation and Firm Performance on Department Stores","authors":"Quimada, Glaydyl C., Ibarra, Hiester P., Lazaro, John Mark B.","doi":"10.9734/ajeba/2024/v24i61362","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61362","url":null,"abstract":"This study aimed to examine the relationship between market orientation and firm performance in the context of department stores. A quantitative research design was used. The respondents of this study were the managers and supervisors working in the department stores in the municipality of Davao del Norte through total quota sampling. This study used two adopted survey questionnaires. Mean and Pearson r were used as statistical tools. The market orientation in terms of customer orientation, competitor orientation, interfunctional coordination and profit emphasis is moderately observed. The firm performance in terms of financial performance, customer performance, internal business processes performance and learning and growth performance is moderately observed. The result also revealed that market orientation has significant relationship on firm performance. The department stores owners, policy makers, employees, customers and future researchers are urged to recognize the significance market orientation and its effect on firm performance. Managers and supervisors can help the firm to improve their market performance and develop marketing strategy. This will have a positive impact on the firm’s performance and help to better organize and provide customer and market service within the company.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"120 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141124490","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":"Tax Avoidance Audit Commite Firm Size: Profitability as Mediation","authors":"Octa Ramadina Putri, Sulis Rochayatun","doi":"10.9734/ajeba/2024/v24i61363","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61363","url":null,"abstract":"Aims: This study investigates tax avoidance strategies in Indonesia's property and real estate industry, considering firm size, profitability, and audit committee as variables. \u0000Study Design:  A quantitative study is used to collect data that can be measured in numbers and analysed statistically. \u0000Place and Duration of Study: Engaging 15 businesses in the property and real estate industry that has maintained a presence on the Indonesia Stock Exchange for a decade. \u0000Methodology: In the study, an empirical analysis was conducted using data contained in the company's financial statements to test tax avoidance in Indonesia. This study used a sample of 150 selected through a purposive sampling approach. The sample was then analysed by testing the direct effects and indirect effects using Path Analysis. In this study, the analysis technique used was SPSS 24 software. \u0000Results: The results show a strong relationship between tax evasion, firm size, profitability, and the audit committee. Furthermore, it has been demonstrated that the audit committee, firm size, and tax avoidance can all be mediated by profitability. It is important to remember that when profitability is strong, there is a greater chance of tax avoidance. \u0000Conclusion: Further research is expected to expand the coverage by using more companies from different sectors, as well as adding additional variables as part of the analysis. This is important because the research focuses only on one sector and uses a limited number of samples. For investors, assessing the profitability of companies and compliance with tax regulations becomes crucial to identifying potential investment risks.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"37 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141123458","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":"Addressing Challenges and Promoting Development: Strategies for Health and Wellness Industry in Ethnic Regions","authors":"T. Yen","doi":"10.9734/ajeba/2024/v24i61361","DOIUrl":"https://doi.org/10.9734/ajeba/2024/v24i61361","url":null,"abstract":"China has entered an aging society. In order to respond to the aging society, government departments have successively introduced various pension policies since 2013 with an attempt to mitigate the impact of the aging society. Under this context, the health and wellness industry came into being. However, the documents of the central department for the health and wellness industry are still lacking, the health care issues in ethnic region have received less attention, and there is no specific legal source for local governments and enterprises to follow. The purpose of this paper is to clarify the development of the health and wellness industry in ethnic region through literature analysis, to study the feasible path of the development of the health and wellness industry in ethnic region, and to provide suggestions. This study finds 40 representative papers on rural revitalization and health and wellness industry in the past three years through literature retrieval. We summarize the questions raised in the papers, analyzes and evaluates them, and finally proposes a conclusion. Findings show that the development of health and wellness industry in ethnic region lacks national level policies, and the details of local implementation are relatively weak. Moreover, in terms of the development path of the health and wellness industry in ethnic region, the integration model of health care, sports, culture and tourism seems to be a feasible direction. In addition, the development of health and wellness industry in ethnic region has a positive impact on rural revitalization. In other words, the development of health and wellness industry in ethnic region may have a high coupling effect with regional economy. Finally, this study provides some useful suggestions for government departments and subsequent research.","PeriodicalId":486390,"journal":{"name":"Asian journal of economics, business and accounting","volume":"120 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125316","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}