International Journal of Asian Business and Management

The Influence of the Characteristics of the Board of Directors and the Sharia Supervisory Board on the Risks of Islamic Commercial Banks in Indonesia

Indria Puspitasari Lenap — 2024-12-30

This study aims to examine the characteristics of the Board of Directors (BoD) and the Sharia Supervisory Board (SSB) on the risk of Islamic commercial banks in Indonesia. This study is an associative study with a quantitative approach. The data used are secondary data in the form of annual financial report data and GCG reports of Islamic commercial banks. Based on purposive sampling technique, the sample of this study consists of 12 Islamic commercial banks listed with the Financial Services Authority (OJK) that published annual financial reports and GCG reports continuously for 5 years from 2019-2023. The results of the study indicate that female board of directors have a negative effect on Non-Performing Financing (NPF). In addition, the study found that age of the BoD has no effect on NPF, while the level of education and competence of the SSB have a negative relationship but do not have a significant effect on NPF. This study implies that Islamic banks in Indonesia need to strengthen the role of the BoD as the highest level of management, especially the existence of female BoD in Islamic commercial banks regarding their function in managing problematic financing risks. Moreover, increasing SSB competence through certification will support SSB performance to maximize the implementation of effective sharia governance

Analysis of the Influence of Profitability, Agency Costs, and the Composition of the Independent Commissioners on Financial Distress

M Yusril Hasani — 2024-12-30

This study aims to explain the influence of profitability, agency costs, and independent commissioners on financial distress in energy companies listed on the Indonesia Stock Exchange for the 2019-2021 period. The analysis method in this research begins with collecting secondary data from the financial reports of energy companies sampled using purposive sampling techniques, with a total of 61 companies. Hypothesis testing was conducted using panel data regression methods with the EViews 13 software. The results of the study show that profitability proxied by ROA does not have a significant effect on financial distress, while agency costs have a positive and significant effect on financial distress. On the other hand, independent commissioners do not have a significant influence on financial distress. The implication of this research is that an increase in agency costs can be an indicator of financial distress risk in companies, so companies and investors are expected to pay more attention to the management of agency costs to reduce the potential for bankruptcy

The Role of Celebrity Endorsement and Brand Awareness in Forming Purchase Intention: The Influence of Brand Image as an Intervening Variable

Chicha Fahriana — 2024-12-30

This study aims to explore the influence of celebrity endorsement and brand awareness on consumers' purchase intentions, with brand image acting as a mediating variable. The importance of this research stems from addressing a gap identified in existing literature. A quantitative approach was employed, utilizing purposive sampling as the non-probability technique for participant selection. Data were collected through surveys using a 5-point Likert scale, and the final sample included 385 respondents. The data analysis was conducted with the SmartPLS (Partial Least Squares) method. The results indicate that both celebrity endorsement and brand awareness positively and significantly affect purchase intention. Additionally, both factors also positively influence brand image. However, brand image does not act as a mediator between celebrity endorsement, brand awareness, and purchase intention, contrary to the initial hypothesis

Effective Management Practices: A Comprehensive Approach to Organizational Success

Feriandy — 2024-12-30

Effective management practices are critical in driving organizational performance and ensuring long-term success. This study explores the relationship between management techniques and organizational outcomes. By examining existing literature, this research identifies key management practices that contribute to improving efficiency, employee satisfaction, and financial performance. Through a qualitative approach, this paper presents case studies from various industries to understand how these practices are applied and their impact. The findings highlight the importance of leadership, communication, and strategic planning in fostering organizational growth and sustainability

Good Governance Principles and Technology on Employee Performance: A Literature Review

Fadhilah — 2024-12-14

This literature review examines the interplay between good governance principles in enhancing employee performance within Indonesia's public sector. Following the enactment of pivotal laws in 2004, local governments gained autonomy in managing financial resources, underscoring the importance of good governance to meet societal expectations. Despite a robust theoretical framework, public skepticism persists regarding local government performance, emphasizing the necessity for continuous improvement. This study synthesizes research from 2019 to 2024, highlighting both the enabling factors and challenges of integrating technology into governance practices. The findings reveal that effective technological integration can streamline processes and enhance accountability, ultimately fostering improved public service delivery. However, challenges related to infrastructure, training, and data privacy must be addressed. The review calls for a tailored, holistic approach that aligns governance principles with technological and organizational factors to optimize performance in Indonesia's public sector

Empirical Exploration of TPB Extention on Savings Adoption by Indonesian Gen-Z in Sharia Banking

Ali Hanafiah — 2024-12-30

Indonesia operates a dual financial system comprising conventional and sharia finance. As the world's largest Muslim-majority country, the demand for sharia-compliant banking services is rising, driven by the prohibition of riba and the principles of Islamic finance. The establishment of Bank Syariah Indonesia (BSI) in 2021, following a merger of three state-owned sharia banks, underscores the nation's commitment to expanding sharia banking. This study investigates the influence of electronic word of mouth (eWOM) and religiosity on saving intentions among Generation Z customers at BSI. Data were collected from 231 respondents using an online questionnaire with screening questions. The findings reveal that EWOM significantly impacts saving intentions, highlighting the importance of digital interactions in influencing consumer behavior. While religiosity was positively correlated with saving intentions, it was not a significant determinant, suggesting that practical factors such as service quality and trust may outweigh religious considerations. These results contribute to the literature on consumer behavior in sharia banking and provide actionable insights for developing targeted marketing strategies to enhance savings adoption among younger demographics in Indonesia. This research highlights the evolving dynamics of consumer behavior of GenZ in the context of sharia banking’s growing digital transformation

Analysis of the Influence of Influencer Marketing, Electronic Word of Mouth, and Brand Love on Product Purchase Decisions

Miswanto Miswanto — 2024-12-30

This study aims to determine the influence of influencer marketing, electronic word of mouth, and brand love on purchasing decisions on Somethinc skincare products in Yogyakarta. The number of samples involved in this study was 190 respondents with purposive sampling techniques. Data collection techniques are carried out by distributing questionnaires online through Google Forms. Data analysis and hypothesis testing were carried out in this study using the Structural Equation Model (SEM) approach. The results of this study show that influencer marketing variables have a positive and significant effect on purchase decisions, electronic word of mouth has a positive and significant effect on purchase decisions, and brand love has a positive and significant effect on purchase decisions. This study's findings are considered a contribution and an additional source of information for further research in the same scope

The Effect of Profitability, Funding Decisions and Cash Flow Operations on Financial Distress with Financial Risk as a Mediating Variable and Financial Flexibility as a Moderating Variable in the Basic Industrial and Chemical Sector Listed on the Indonesian Stock Exchange

Djuma’iyah — 2024-12-30

The study was conducted with the aim of analyzing the effect of profitability, funding decisions and cash flow operations on financial distress through financial flexibility with financial risk as mediation. The population used in this study were Basic Industry and Chemical Sector Manufacturing companies listed on the Indonesia Stock Exchange for the period 2019 - 2023 which received a special notation category X, namely listed on a special monitoring board with a total sample of 20 companies. Hypothesis testing in this study was carried out with a Structural Equation Model (SEM) approach based on Partial Least Square (PLS). The results showed that profitability and financial risk directly have a significant effect on financial distress. The cash flow operation funding decision has no significant effect on financial distress. Through financial risk, profitability is proven to have a significant effect on financial distress, while funding decisions and cash flow operations have no significant effect on financial distress. Other results show that financial flexibility is not able to moderate the effect of profitability, funding decisions and cash flow operations on financial distress

Managing Project Boundaries: Best Practices, Challenges, and Tools for Successful Implementation

Bambang Ermansyah Saragih — 2024-12-30

Managing project boundaries is critical to ensuring that projects are completed on time, within budget, and according to stakeholder expectations. This research investigates key methodologies and tools for managing project boundaries, with a focus on best practices, challenges, and technology. Case studies, qualitative interviews, and quantitative analysis explore the consequences of mismanagement, such as scope creep and resource misallocation. Findings suggest that clear documentation, stakeholder alignment, and modern project management tools reduce these risks and lead to successful project outcomes. Practical recommendations for improving boundary management practices are provided