| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 343 - 365 |
| Abstraksi Narasi | : | This paper examines voluntary disclosure in the annual reports of financially distressed companies in Indonesia. The disclosure score range is between 3 % and 49% with the mean and median score of 25% and 26%, respectively, at the onset of distress. The score is measured as the ratio of the total items disclosed to the maximum possible items score applicable to the firm. The most disclosed items are in the category of financial highlights and general corporate information whereas the three least disclosed items concern projections, liquidity, and research and development. More over, the results of this study reveal that the level of voluntary disclosure in the financially distressed firms is higher than that in non-financially distressed firms. There is no significant difference between the types of information disclosed by the 2 groups. The statistical tests are applied for various years. Consistent with findings in previous studies, the size of the firm apperas to be a positive variable significantly affecting the disclosure level. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 301 - 321 |
| Abstraksi Narasi | : | Garbarino and Johson (1999) find that there is no correlation between overall satisfaction and loyalty in the field of customer relationship. Their finding indicates that satisfaction is no longer an important issue in managing service organizations. This research investigates the existence of satisfaction in service organizations, which have relationships with customers. Contrary to Garbarino and Johson`s (1999) findings, this research finds that overall satisfaction, through commitment, has a relationship with loyalty. Hence, customer satisfaction is still a main issue with respect to managing service organizations, especially service organizations that have customer-relationship strategy. Survey method was conducted to test 12 hypotheses, and the sample of this research is customers of credit cardholders and supermarket cardholders. Sample size is 382 consisting of 196 (51,3%) credit cardholders and 186 (48,7%) supermarket cardholders. Data were analyzed using two-step structural equation modelling technique. In addition, this research also shows that investigators and managers should pay attention to affects, because affects have a unique role in relationship customer behavior. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 281 - 299 |
| Abstraksi Narasi | : | This study empirically investigates the moderating effect of competitive intensity on the relationship between innovative efforts and performance. the study proposes that a firm`s competitive intensity acts as a quasi-moderator of the relationship between innovative efforts and performance. The results support the predictions of the study. the results indicate that competitive intensity moderates the relationship between innovative efforts and performance such that when competitive intensity is high, the relationship between innovative efforts and performance is positive, and vice versa, when the competitive intensity is low, the relationship between innovative efforts and performance is negative. Furthermore, the results reveal that competitive intensity has a positive relationship to the level of innovative efforts but ha a negative relationship to performance. |
| Nama Pengarang | : | Licen Indahwati Darsono, C. Marliana Junaedi, Johny Jermias, Zulganef, Wijantini, M. Shabri Abdul Majid, Rosylin Mohd. Yusof |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 323 - 342 |
| Abstraksi Narasi | : | This paper evaluates alternative measurement approaches to investigating the relationship amongst perceived quality, customer satisfaction, and loyalty. The authors define and measure the constructs within a relative attitudinal framework and compare these results to a noncomparative or individual evaluation of brands. in addition, loyalty is measured by and defined as a behavioral and attitudinal loyalty. The object of this research is teh botol whilst the subjects are undergraduate students in Surabaya and Yogyakarta. The proposed model, with satisfaction as a mediator between quality and loyalty, is found to be an acceptable representation of data across three brands of teh botol and for both comparative and noncomparative evaluation. the use of relative attitude, however, indicates a much stronger relationship amongst pervceived quality, satisfaction, and loyalty than the attitude towards a brand when they are performed in individual evaluation. With respect to predictive ability, this study`s findings suggest that comparative evaluation has higher degree of applicability than does noncomparative evaluation. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 165-190 |
| Abstraksi Narasi | : | Some accounting information systems research suggest that the implementation of enterprise resource planning (ERP) systems improves corporate performance [Hayes DC, Hunton JE, Reck JL. market reaction to ERPS implementation announcements. J Inf Syst 2001;15(1): 3-18; Hunton JE, Lippincott B, Reck J. Enterprise resource planning systems: Comparing firm performance of adopters and nonadopters. Int J Account Inf Syst 2003;4:165-184], while a seemingly disparate line of managerial accounting research indicated that the inclusion of non-financial performance incentives (NFPI) in executive compensation contracts also enhances performance [Said AA, HassabElnaby HR, Wier, B. An empirical investigation of the performance consequences of non-financial measures. J Manage Account Res 2003;15:193-223]. Two theoretical perspectives tie together these research streams. Cybernetic control theory explains how ERP systems offer the means by which managers can effectively use non-financial performance indicators, and agency theory describes how NFPI provide the motive and opportunity for managers ti attend to key non-financial performance indicators. The research hypothesis tested herein asserts that the join adoption of ERP and use of NFPI will yield greater corporate performance than either ERP or NFPI alone. In the current study, performance is reflected by return on assets (ROA) and stock returns (SR). Study results support the hypothesis, as archival data indicate that firms with both NFPI and ERP obtain significantly higher short-term ROA and SR than either ERP-only or NFPI-only firms. Research findings offer valuable insight into the theoretical and practical implications of jointly adopting the ERP and NFPI strategies. 2007 Elsevier Inc. All rights reseved. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 191-221 |
| Abstraksi Narasi | : | For many organizations, Information Technology (IT) enabled business initiatives and IT infrastructure constitute major investments that, if not managed properly, may impair rather than enhance the organization`s competitive position. Especially since the advent of Sarbanes-Oxley (SOX), both management and IT professionals are concerned with design, implementation, and assessment of IT governance strategies to ensure that tehnology truly serves the needs of the business. Via an in-depth study within one organisation, this research explores the factors influencing IT governance structures, processes, and outcome metrics. Interview responses to open-ended questions indicated that more effective IT governance performance outcomes are associated with a shared understanding of business and IT representatives in IT decisions; and comprehensive and well-communicated IT strategies and policies. IT governance also plays a prominent role in fostering project success and delivering business value. 2007 Elsevier Inc. All rights reserved. |
| Nama Pengarang | : | Ingrid E. Fisher, Fiona H. Rohde, Paul L. Bowen, May-Yin Decca Cheung, Benson Wier, James Hunton, Hassan R. HassabElnaby |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 139-164 |
| Abstraksi Narasi | : | This paper presents a prototype system to support the temporal reconstruction of financial accounting standards (FASs). The FASs have been subject to rapid expansion, increased complexity and frequent changes (amandements), which in combination make it difficult to determine the accurate rendering of FASs at specific points in time. The prototype allows a user to specify an FAS (e.g., SFAS 35) along with a date. In return, the system presents the user with an FAS that has been reconstucted to incorporate all amendments subsequent to the issuance of the issuance of the original FAS, but as of the user specified date. The prototype, in effect, permits the dynamic and continuing codification of a particular FAS. Accounting principles must be applied to specific accounting problems that exist at specific point in time. This prototype enables the user to quickly determine the complete status of an FAS as of a user determined date. 2007 Elsevier Inc. All rights reserved. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 229 - 246 |
| Abstraksi Narasi | : | This paper proposes a simple regression-based method for reducing the complexity of decisions in the international procurement process. Based on foreign trade data, the method uses indicators, which allow a product specific cross-section and longitudinal section valuation of the international competitiveness and the supplied product quality of all potential supplier countries. The method thus provides a variety of information for procurement departments, including the present level and the dynamic of competitiveness and product group of the international product nomenclature (Combined System and the Harmonised system). Potential supplier countries--the companies of which have proven to be particularly competitive in the different product quality stages--are identified. This pre-selection of countries enables the companies to limit their search for potential suppliers to the selected supplier countries. High search costs are subsequently reduced and trend prognoses can be constructed. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 201 - 227 |
| Abstraksi Narasi | : | The exdividend day returns are composed of the capital gains component and the dividends component. This study mainly examines the relationship between the 1997 abolition of the tax-credit and the ex-dividend day abnormal stock returns in the UK market (London Stock Exchange). The 1997 abolition of the tax credit on dividend effectively reduced the income of pension funds and other tax-exempt shareholders who had a strong preference for dividends. This study finds that the ex-day abnormal returns (AR) declined from +0.0580 percent during the pre-abolition periods to-0.1459 percent during the post-abolition periods. This decline is satistically significant with a t-value of 2.0431. From these results it would appear that the ex-dividend day AR changed following the 1997 abolition of tax credits on dividends. Moreover the comparison tests of ex-day drop-off ratios between pre-and postabolition periods show that drop off ratios for all dividend yield groups increased significantly from 0.519 in the preabolition periods to 0.574 over the post-abolition periods with a t-value of 2,183. thus, the decrease on ex-day AR was further supported by a significant increase in the average price-drop to dividend ratios. The decline in the ex-day AR for the post-abolition periods seems to be driven primarily quintile 5 (the highest dividned yield quintile). Quintile 5 exhibits strong dividned preference and this preference is likely caused by the imputation system that provides a tax advantage to the tax exempt shareholders. This finding appears to suggest that the highest dividned yield securitis are likely to be held by-tax-exempt investor such as pension funds that were affected by the abolition of the tax credits on dividend. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Gadjah Mada International Journal of Business |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 179 - 199 |
| Abstraksi Narasi | : | This paper attempts to investigate interdependent mechanism among leverage, dividend, and managerial ownership policies. This paper consider firm size and economic conditions to control their effect on the relationship among the three policies. The interrelationship between leverage, dividend, and managerial ownership policies will be tested using two-stage least squares. Five exogenous variables are employed in simultaneous equation; current assets return on investment as dividend determinants, and relative return to risk as managerial ownership determinant. the research employs year 1994 - 2004 data, with 1717 firm years. The research findings can be summarised as follows. First, there is a negative relationship between managerial ownership and leverage policies as suggested by agency theory. Second, there is a relationship between managerial ownership and dividend policies, but the relationship between leverage and dividend is insignificant. Third, the relationship between leverage and dividend is insensitive to economic condition and firm size. Fourth, all exogenous variables have significant effect on endogenous variables, except relative return. Fith, the effects of exogenous variables are not sensitive to control variables. Sixth, we find that managers show self-interest behaviours by reducing managerial ownership when the economic condition worsens. |
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