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Promoting Intra-Firm Transfer of Knowledge Through Competition and Sharing: A Field Study

Nama Pengarang : -
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 15-32
Abstraksi Narasi : This paper examines three main concerns about intra-firm transfer on knowledge in the management accounting and strategic management literature: the ability of real-world organizations to learn productively, the levels of aggregation in which the productive learning occurs, and the types of management interventions that are both desirable and productive. Based on a field study conducted in several business units of a multinational corporation, this paper reports how management makes conscious and systematic efforts to transform ideas from the best practice within the company as well as from its competitors. The company uses Management By Olympic Systems to accelerate learning through competition and sharing. The system utilizes Olympic principles and integrates individual and team concepts to achieve the Olympic targets. A broad range of Olympic targets in terms of financial and non-financial linked to the company`s incentive systems is used toimprove business operations, to motivate managers and employees, and to meet stakeholders` expectations.

Perceptions of Human Resources Managers on Telecommuting Concept: Implementation in Malaysian Firms

Nama Pengarang : -
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 97-107
Abstraksi Narasi : Telecommuting concept has been a new phenomenon for most of Malaysian firms, especially for human resources managers. Further, the drive towards promoting the telecommuting concept need to be done as as part of paradigm change as Malaysia is becoming and industrialized nation-Vision 2020 of the Prime Minister. This study was conducted on the Malaysian human resource managers in representing their firm`s stand on the telecommuting concept. The purpose of this paper is to explore the level of acceptance of the telecommuting concept by the human resource managers. It was discovered that high percentage of the human resource managers shown their concern on the acceptance of the telecommuting concept.

Normative Moderators of Impulse Buying Behavior

Nama Pengarang : -
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 1-14
Abstraksi Narasi : Prior research has presented the moderating role of normative evaluations in the relationship between the impulse buying trait and consumers` buying behaviors. In this article the authors show that consumer tendency to buy something spontaneous, unreflectively and immediately can be perceived as a factor which describes buying impulsiveness. This article also shows conceptual and empirical evidence that there is some support for the moderating role of normative evaluations in the relationship between buying impulsiveness and impulse buying behaviors. Significance occurs when consumers believe that act on impulse is suitable. The results suggest that consumers` normative evaluation can moderate the link between the trait and behavioral aspects of impulse buying.

Factors Affecting Effectiveness of Change Initiatives: Evidence from Malaysian Firms

Nama Pengarang : -
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 33-56
Abstraksi Narasi : This paper investigates various system models and change guidelines that deal with the dynamics of successful change. It seeks to find out whether Malaysian organizations which have achieved successful change outcomes wold have also managed the change process in accordance to the general guidelines derived from the literature on effective management of change. Primary data for this study was obtained by conducting a mailed questionnaire survey among executives and managers of seventeen Malaysian organizations. The main method of analysis is by looking at the correlation between an organization`s scores on the relevan items in the change process scales and the organization`s perceived effectiveness of change, as measured by the organization`s change effectiveness scores. The general finding confirms and reinforces the literature on effective change management. It was found that organizations that were perceived by staff to have achieved successful change outcomes, were also perceived to have managed the change processes well in accordance to general principles derived from researh on organizational change.

Determinants of Entrepreneurial Intention: the Case of Norwegian Students

Nama Pengarang : Nurul Indarti, Stein Kristiansen, Mohd Nazari Ismail, Shreen Ahmad, Basu Swastha Dharmmesta, Danes Jaya Negara, Yuserrie Zainuddin, Noorliza Karia, Muhammad Hasmi Abu Hassan Asaari, Johny Jermias, Siddharta Utama, Muyanja Ssenyonga
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 79-95
Abstraksi Narasi : This paper aims to identify determinants of entrepreneurial intentions among young people. The empirical basis is Norwegian students, while an objective is also to create a basis for comparative studies among different economic and cultural contexts. Independent variables in the study include demographic factors and individual background, personality traits, and contextual elements like access to capital and information. The individual perceptions of self-efficacy and instrumental readiness are the variables that effect entrepreneurial intentions most significantly. Age, gender and educational background have no statistically significant impact. Generally, the level of the entrepreneurial intentions among Norwegian students is relatively low, which may be explained by social status and economic remuneration of entrepreneurs compared with employees in the Norwegian context.

Toward A New Paradigm of Marketing: Understanding Customers

Nama Pengarang : -
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 397-410
Abstraksi Narasi : The rapid change of business environment as a result of technology advance is transforming choice, and choice is transforming the market place. Volatile environment and high competition demand businesses more sensitive to customer. Business with the weak market orientation comes up as a result of poor understanding about customer needs and competition. Furthermore, understanding toward customer could effect marketing practice. This paper explores some relevant themes of understanding customers in this changing environment linked to some marketing approaches in winning the businesses competition. Companies must figure out about their customer and market value where the business operate. Impact of customers` preferences could lead to shift the marketing approach. The article may conclude that understanding customers well not only concern with their needs, wants, and desire but also to overcome customer discontent by dialogue with customers, collaboration, provide some information and co-designed by customers.

Size Effect and Stock Behavior During the Expansion and Contraction Phases of Economic Cycle: An Empirical Evidence from Indonesian Stock Market

Nama Pengarang : -
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 361-371
Abstraksi Narasi : Banz (1981) and Reiganum (1981) claim that, in terms of return creation, small firms tend to perform better than large firms. They implicitly claim that the phenomena (which is known as size effect) is stable and exists over the period of examination. This study intends to investigate the existence of size effect in Indonesian market and more specifically, to test whether stages of economic cycle (expansion and contraction stages) determine the existence of the effect. The results of the study shows that size effect does exist in the market for the whole period of observation (1991-2001). However, when the period is divided into two parts accordig to the stage of economic cycle, the statistical analysis results are not supportive to the conclusion about the size effect.

Real Stock Returns, Inflationary Trends and Real Activity: Evidence from Malaysia

Nama Pengarang : -
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 327-346
Abstraksi Narasi : This study explores the relationship between real stock returns and inflationary trends in the Malaysian economy. It attempts to test for the relationship between real stock return and inflation in light of fisher hypothesis that assers the independence of real stock return and inflation and Fama`s (1981) proxy effect framework which states that the negative real stock returns-inflation is indirectly explained be a negative real economic activity-inflation and a positive real stock returns-real economic activity relationships. The finding shows that real stock returns are independent of inflationary trends in accordance with the fisher hypothesis, which implies that the Malaysian stock market provides a good hedge against inflation. The Fama`s proxy hypothesis is then tested to check for the consistency of the relationships. The positive relationship between inflation and real economic activity and the positive relationship between real stock returns and real economic activity that totally contradicts the Fama`s proxy hypothesis however are found, to some extent, be consistent with the explanation of conventional macroeconomic theories of the Philip`s curve.

Does Size Matter? Technical Efficiency and Industry Size in Indonesia

Nama Pengarang : -
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 297-313
Abstraksi Narasi : The debate over which size industry is best suited for Indonesia continues with proponents of both large and small sizes pointing out the benefits of each. However, little empirical analysis has been done regarding economic matters such as technical efficiency. Nonparametric analysis of technical efficiency for three sizes of firms in seven manufacturing sectors is estimated using linear programming techniques. Aggregated input and output data from BPS from 1991 to 1997 are used. Household size firms are found to be most efficient relative to the other sizes for life of the seven sectors analyzed. Large firms are relatively more efficient in `Food, Beverage, and Tobacco` sector. Small companies are relatively less efficient than household firms in all but one case, but relatively more efficient than large firms in live of seven sectors. The results validate and perhaps explain the duel economy in Indonesia with both large and small firms existing in the same industry. When each sector is analyzed for each firms size, the `Non-Metallic Mineral Products Other than Petroleum and Coal` sector is most efficient for all sizes of firms. The least efficient sector is the "Chemical and Plastics" industry. The results suggest that government policy should be focused on creating a stable environment for business, which promotes growth of efficient businesses, either large of small. Specific policies and intervention for small business development are not necessary, given the relative efficiency of small firms in Indonesia.

CAEL Rating: A Stress Test in Bank Monitoring

Nama Pengarang : -
Nama Majalah/Jurnal : Gadjah Mada International Journal of Business
Volume / Nomor Edisi : -
Nomor Halaman : 315-326
Abstraksi Narasi : Stress test in banking system refers to the controlling and monitoring system of the central bank on each individual bank in order to ensure the safety and soundness of banks. As a whole, the main reason is to maintain the stability of banking system. Since the 1970s until today, several forms of stress test have been introduced to evaluate the level of banks` soundness. The first method is known as CAEL Rating System. However, vast Development in banking system today has placed many questions on reliability and effectiveness of this method. Therefore, the main purpose of this paper is to introduce the important of the changes in the said method paralled to recent development in banking system. This has resulted in the introduction of a new method called weigthed CAEL-FIMS Risk Rank. This method will be used in this paper exclusively to evaluate a total number of 32 commercial banks in Malaysia in the periods of 1997 and 1998. The finding is expected to be used as a guidance to monitor the condition of banks more accurately and thoroughly after their unpleasant performances during the recent banking crisis.
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