Theresia Anjelin Megawati David Putri, Suhermin Suhermin, Budi Satrio
{"title":"The Effect of Leadership Style and Compensation on Employee Performance Mediated by Job Satisfaction (Case Study at Pelita Maumere Hotel)","authors":"Theresia Anjelin Megawati David Putri, Suhermin Suhermin, Budi Satrio","doi":"10.47191/jefms/v7-i7-68","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-68","url":null,"abstract":"This study aimed to find out and analyze the effect of leadership style and compensation on employees' performance through job satisfaction. The study was associative / correlational. Moreover, the data were both primary and secondary. The primary data were taken directly from respondents through questionnaires. Furthermore, secondary data were in the form of library research, journals, and document information taken from online systems (internet). The population was 40 employers at the Pelita Maumere Hotel. Additionally, the data collection technique uses non-probability sampling. The sampling technique used was saturated sampling or census. In addition, the data analysis technique used path analysis. The results showed that leadership style as well as compensation affected job satisfaction. However, both leadership style, compensation, and job satisfaction did not affect the performance. Likewise, leadership style and compensation did not affect employees' performance through job satisfaction.","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"1 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141797584","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 the Zambian Government’s Liberalized Bulk Petroleum Products Procurement Policy on Service Efficiency and Effectiveness: A Case Study of the Ministry of Energy","authors":"Sharon Mwansa, C. C. Hapompwe","doi":"10.47191/jefms/v7-i7-64","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-64","url":null,"abstract":"The study assessed how Zambian Government’s Liberalized Bulk Petroleum Products Procurement Policy affected service efficiency and effectiveness through the Ministry of Energy as a government agent in Lusaka, Zambia. It focused on important factors like efficiency, cost-effectiveness, and service quality while examining the policy itself along with competition and transparency. In carrying out this examination, the following objectives were set; to assess the efficiency of procurement processes under the Liberalized Bulk Petroleum Products Procurement Policy, focusing on factors such as transparency, timeliness, and cost-effectiveness, to examine the extent to which liberalization has facilitated perfect competition among suppliers in the bulk petroleum industry in Zambia, and to analyse the effects of government’s procurement liberalization policy on quality of service and value. To gather comprehensive insights, the researcher conducted in-depth interviews with 10 senior managers from key organizations in Zambia's petroleum sector. Alongside this qualitative approach, the researcher distributed questionnaires to 49 Oil Marketing Companies (OMCs) to gather quantitative perspectives with 44 being returned representing 89.8%. The sampling technique used was non-probability purposive sampling for qualitative data, and for quantitative data involving OMCs (Oil Marketing Companies), simple random sampling was used. The thematic analysis helped in interpreting the qualitative data, while SPSS supported statistical analysis of the quantitative findings. The research revealed that while the policy led to some improvements in transparency, achieving full transparency across procurement processes remained challenging. Competition among suppliers became more diverse post-liberalization, but achieving perfect competition proved difficult, affecting both cost-effectiveness and service quality in various ways. After liberalization, there was an observation of mixed outcomes in service quality and value, with concerns particularly around adherence to standards and the reliability of supplies. In conclusion, the study highlighted the complex impacts of Zambia's liberalization policy on its petroleum sector. In recommendation, it emphasizes the need to strengthen transparency, streamline operations, and implement effective cost management strategies to maintain positive procurement outcomes and enhance service effectiveness. These insights are vital for shaping future policy reforms aimed at fostering a more competitive, efficient, and effective procurement environment in Zambia's petroleum industry.","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"79 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141798350","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 Viability of Quick Service Restaurant (QSR) in the Township Market: A Fast Food Industry Case in South Africa (SA)","authors":"Maharaj P, M. L","doi":"10.47191/jefms/v7-i7-59","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-59","url":null,"abstract":"This study aimed to explore the viability of a Quick Service Restaurant (QSR) model among leadership in selected township and township area markets of South Africa and the impact on the organisation’s overall performance. In today’s global-ized world, businesses look to expand and set foot print across various markets to have a global presence. Quick Service Restau-rants (QSR) businesses have expanded internationally and locally including townships markets using franchising business model to contribute to the social economy. The study used a qualitative descriptive exploratory method. The main finding of the study was that the QSR model in the township brought convenience, cost effectiveness, accessibility to value bulk buying of meals and Wi-Fi connection The communities and the restaurants found opportunities to contribute to social development and job creation. High levels of criminal activities, customer interference with employees, limited consumer bulk meal of choices, power, and water shortages where the key challenges affecting the viability of the QSR model","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"68 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141798430","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":"Exploring the Mediating Effect of Social Media Perception on Green Beauty Products Purchase Intention: The Evidence from Indonesia","authors":"Bernadeta Ratri Dewi","doi":"10.47191/jefms/v7-i7-57","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-57","url":null,"abstract":"Amidst the growing beauty industry in Indonesia, several local beauty brands have embraced the theme of sustainable beauty or produced environmentally friendly beauty products to reduce pollution impact and pay closer attention to the ingredients used. This research aims to analyze the factors influencing consumers to purchase environmentally friendly beauty products. Based on quantitative data processing using SMART PLS, it was found that there are two main factors that influence consumers' considerations to purchase environmentally friendly beauty products, namely green product knowledge and green perceived value. Furthermore, the perception of social media also mediates the relationship between green product knowledge and green perceived quality towards green beauty products purchase intention. Thus, eco-friendly beauty companies can effectively communicate their environmentally friendly attributes and product value propositions, thereby shaping consumer behavior towards more sustainable choices.","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"82 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141798331","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 the Impact of Social Media Marketing on the Purchase Intentions of Customers: The Understanding Acquired from Vietnamese English Centers","authors":"Nguyen, Nu Hoang Tam","doi":"10.47191/jefms/v7-i7-63","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-63","url":null,"abstract":"There have been numerous researches on online shopping behaviour on retail websites as a result of the rapid growth of digital and e-commerce in Vietnam in recent years. Despite the tremendous growth in usage of social networking sites, there is little study on consumer purchasing behaviour on these websites. In order to describe the effects of social media marketing on customer attitudes and purchase intentions, the study will develop a research model. The study investigates the effects of online brand communities (OBC), online advertising (OA), electronic word of mouth (E-WOM), and customer purchase intention in Vietnamese English centers using a survey technique with 2500 questions (1606 valid responses). The results, which show the positive effects of E-WOM, OBC, and OA on customer purchase intention in the Vietnamese English Centers, are in line with other studies. Moreover, the research incorporates actual data specific to the Vietnamese context, setting it apart from previous studies conducted elsewhere. It improves theoretic knowledge of social media marketing in Vietnamese language learning institutions.","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"10 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141797100","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":"Financial Synchronicities in European Union's Rijekosijek Region: A Transgressively Nonlinear Econometric Approach","authors":"Domagoj Sajter","doi":"10.47191/jefms/v7-i7-58","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-58","url":null,"abstract":"The purpose of this paper is to delve into the intricate and abstruse dynamics of Croatia’s financial ecosystem through the application of novel econometric methodologies. The central research question we explore is: How do transgressively nonlinear econometric models encapsulate the hyperbolic discounting phenomena within the Croatian fiscal framework? The importance of this paper lies in its potential to redefine traditional econometric paradigms by integrating quantum financial concepts, fractal dynamics, and stochastic synchronicities. This interdisciplinary approach contributes to the existing body of literature by offering a novel perspective on the financial abstractions that govern Croatia’s economy. Methodologically, utilizing data from the FRED database, covering variables such as the Consumer Price Index (CPI), Real Gross Domestic Product (GDP), Unemployment Rate (U), 10-Year Treasury Constant Maturity Rate (IR), and U.S./Euro Foreign Exchange Rate (FX), the study employs a sophisticated system of stochastic differential equations (SDEs) to model these interactions. This innovative approach allows for the deconstruction of Croatia’s fiscal questions, providing deeper insights into the stochastic behaviour and quantum financial structures of its economy. The key conclusions of this paper underscore the inherent paradoxes and fiscal idiosyncrasies that characterize the Croatian economy. We find that Croatian financial markets are governed by underlying synchronicities that, while appearing random, follow a pattern of stochastic oscillations and fractal dynamics. This realization challenges conventional economic postulates and highlights the need for a paradigm shift in financial analysis.","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"2 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141797309","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":"Exploring the Perceived Ease of Use, Perceived Security Risk and Information Quality through Loyalty in the Indonesian Marketplace: Conceptual Framework","authors":"Afriliani Puspitasari, R. Handrito","doi":"10.47191/jefms/v7-i7-60","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-60","url":null,"abstract":"This research study aims to analyze the impact between perceived ease of use, perceived security risk and information quality towards loyalty in the Indonesian marketplace for young generation (Z). This research is a quantitative using explanatory research and the sample of respondents uses non-probability sampling of online shop consumers. This quantitative method uses descriptive and data analysis using Smart PLS software with Multivariate analysis-Structural Equation Model Partial Least Square Method (SEM-PLS). The respondents sought were consumers of Generation Z who live in Indonesia. In contrast, it can be inferred that further research is necessary to examine the concept of E-Trust among e-commerce marketplace users in Indonesia. There is significant impact as a catalyst for facilitating online transactions within the realm of e-commerce. Besides that, the primary objective of this research study is to assess the impact between perceived ease of use, perceived security risk and information quality on loyalty using e-trust. Of course, to know a person's level of e-trust, it is also important to know where the e-commerce user comes from.","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"13 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141797413","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, Promotion, Trust, Convenience and Price on Purchasing Decisions with Brand Image as an Intervening Variable","authors":"Golan Hasan, Alif Via Indira Rinaldo 2041092","doi":"10.47191/jefms/v7-i7-50","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-50","url":null,"abstract":"Today's advanced age has the potential to change people's lives. Throughout these modern times, several technical developments have taken place, among which are software and data innovations. E-commerce has become a part of the potential market as the number of online consumers increases over time. The growth of online stores in Indonesia through social networking sites seems to be very rapid and has been widely recognized by the public. The findings of Shopee's analysis further show that most of Shopee's customers are young people. According to the Mark Plus study, several elements encourage teenagers to favor internet purchases, including many promotions, low prices, a variety of consumer-related products, faster delivery service, and also various alternative courier companies. This study uses quantitative research methods by conducting observation of the influence of several existing variables. It can be stated that variables X and Y have an influence of 70.1% on variable Z based on the R Square (R2) value of 0.701. Then, 29.9% is influenced by other factors not examined in this study. The E1 value can be calculated using the formula e1 sqrt (1-0.701) 0.5468. The t test results show that H1, H2, H8, H11 are rejected because of the Sig value. 0,05. The t test results show that H3 is rejected because the Sig value is 0.05. 4. The t test results show H4, H5, H7, H9, H10, and 12 are accepted because of the Sig value. 0,05. 6. The F test results show H6 and H13 are accepted because of the Sig value. 0,05.","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"8 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141798046","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":"Income, Education, Age, Rural or Urban Living and Work Sector for Generation Z Women in West Nusa Tenggara, Indonesia","authors":"Lalu Affan Suhendra, M. Irwan, Luluk Fadliyanti","doi":"10.47191/jefms/v7-i7-49","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-49","url":null,"abstract":"Generation Z is the generation born between 1997 and 2012. The characteristics of women's income, education, place of residence and work sector are very important to study because they can influence economic development, especially in West Nusa Tenggara, Indonesia. This research aims to analyze the socio-economic problems of Generation Z women who work in each sector, both formal and informal sectors in West Nusa Tenggara. The method used in this research is descriptive quantitative analysis using data from SAKERNAS in August 2023. The number of Generation Z women used in this research is 398 women who work in West Nusa Tenggara. The results of this research found that Generation Z women in West Nusa Tenggara, Indonesia mostly work in the formal sector, namely 59.55%, while most of their income is in the range of less than the Regional Minimum Wage for West Nusa Tenggara Province. Most of the Generation Z women in West Nusa Tenggara are junior high school graduates and the majority live in the urban areas, namely 59.80%. This research provides a broad picture of the socio-economic dynamics of Generation Z women in West Nusa Tenggara, Indonesia.","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"32 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141810109","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}
Nkamuhayo Denis, Aggrey Muhereza, Mugabi Alexis Carboni, Kakuba Dennis
{"title":"Favoritism and Public Procurement Performance at Mbarara City, Uganda","authors":"Nkamuhayo Denis, Aggrey Muhereza, Mugabi Alexis Carboni, Kakuba Dennis","doi":"10.47191/jefms/v7-i7-45","DOIUrl":"https://doi.org/10.47191/jefms/v7-i7-45","url":null,"abstract":"This study was about favoritism and public procurement performance in Uganda using the case Mbarara City. Favoritism was assessed using two dimensions that included price-preference and bidder-preference and the way they affected public procurement performance in Mbarara City. The research design was cross-sectional involving the utilization of a quantitative approach. The analysis involved inferential statistics (Spearman correlation, coefficient of determination and regression). The results showed the strong influence of favoritism on the conduct of public procurement performance whereby more favoritism contributed to poor public procurement performance and less favoritism contributed to better public procurement performance. It was recommended that City councils should ensure adherence to procurement laws in order to curb political and public officers’ influence that leads to favoring certain people for procurements, as this will improve public procurement performance.","PeriodicalId":509310,"journal":{"name":"JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES","volume":"64 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141809330","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}