Journal of Research in Business, Economics and Management 2019-02-05T17:42:36+00:00 Managing Editor Open Journal Systems Journal of Research in Business Economics and Management The Effect of Budget Participation on Budgetary Slack with Information Asymmetry and Organizational Commitment as a Moderating Variable 2019-01-02T12:41:19+00:00 Irma Dwi Pusporini HARYADI HARYADI ELIADA HERWIYANTI <p><em>This study examines the effect of budget participation on budgetary slack using information asymmetry and organizational commitment as a moderating variable. Hypotheses proposed to this study are budget participation will have a positive effect on budgetary slack, the information asymmetry will have a positive effect on the relationship of budget participation and budgetary slack, organizational commitment will have the negative effect on the relationship of budget participation and budgetary slack. This research is located in Cilacap Regency. </em><em>Purposive sampling is used to take the samples. The method used in this research is survey method. D</em><em>ata collection method that is used questionnaires method. Data analysis methods that are used linear regression analysis and regression analysis moderation with an absolute difference method. These results shows that budgetary participation has a positive effect on budgetary slack, and the information asymmetry strengthens the effect of budget participation to budgetary slack, additionally, the results show that organizational commitment debilitation the effect of budgetary participation to budgetary slack.</em></p> 2018-12-14T00:00:00+00:00 ##submission.copyrightStatement## The Influence Factors of Firm Value (Study of Manufacturing Company Listed on Indonesia Stock Exchange) 2019-01-25T12:03:41+00:00 Mulia Saputra Zalikha , Nuraini A <p><strong>Abstract</strong></p> <p>This study tries to empirically examine the effect of profitability, institutional ownership, managerial ownership, and dividend policy on company value in manufacturing companies listed on Indonesian Stock Exchange. The data used in this research is a financial statement of the companies with the total sample of 93 companies over the period of 2012-2016. The analytical method used in this study is multiple linear regression. This study resulted in that profitability, institutional ownership, managerial ownership, and dividend policy simultaneously influence the value of the company. While from the partial test it resulted that profitability affects the company value, institutional ownership has no influence on the company value. However, managerial ownership has no influence on the company value and dividend policy also does not affect the company value.</p> <p>&nbsp;</p> <p>&nbsp;</p> 2019-01-11T13:04:02+00:00 ##submission.copyrightStatement## The Relationship between Ethical Leadership and Teachers Continuance Organizational Commitment 2019-01-25T07:14:32+00:00 Seita M. Almandeel Mona Dawood <p>The current study aims to investigate the relationship between the behavior of ethical leaders and their continuance organizational commitment, and also to discover the mediational impact of teachers' loyalty on their relationships at the international schools in Jeddah, Kingdom of Saudi Arabia (KSA).</p> <p>The study employed a quantitative approach as follows: a formatted questionnaire was distributed to a random sample, of which 372 valid questionnaires were returned to the researchers. In addition to examining the research hypotheses, several statistical methods were used to analyse the compiled data. The study showed that when the supervisor displays positive behaviors and a moral leadership style, this has leverage on the employees’ performance. The study found that there is a statistically important engagement relevance between moral leadership and teachers’ loyalty. Moreover, the study showed that teachers' loyalty facilitated the association between ethical leadership and teachers' continuance commitment toward organization. The current research recommended that it was essential to increase the standard of moral leadership for managers, to positively influence continuance commitment to the organisation, and to enhance teachers' loyalty.</p> 2019-01-25T00:00:00+00:00 ##submission.copyrightStatement## ESCALATION OF SMALL INDUSTRY COMPETITIVENESS IN SUPPORTING ECONOMIC GROWTH IN INDONESIA 2019-02-02T14:13:56+00:00 Nurkardina Novalia Syamsurijal Abdul Kadir Didik Susetyo Saadah Yuliana <p>Small industries are growing rapidly in business units and employment, but are still very low contributing to GDP compared to medium and large industries with a smaller share of business units and labor. This has an impact on the widening gap in labor productivity between small industries and large industries and competitiveness in both domestic and global markets. This condition is very worrying considering that the small industrial sector is highly expected to be the engine of growth because of its significant role in employment.</p> <p>Data used secondary data in the form of provincial panel data in Indonesia from 2010-2015. The analysis uses panel regression method with two equations for small industry competitiveness and economic growth in Indonesia. Based on the Hausman test obtained the right model is the common effect. The results show that in the small industry competitiveness equation, production value and labor productivity have a positive effect on the competitiveness of small industries, labor wage variables have a negative effect, while technology does not affect the competitiveness of small industries in Indonesia. The economic growth equation obtained by the results of competitiveness, investment, and small industrial business units have a positive effect on economic growth in Indonesia.</p> 2019-02-02T14:13:56+00:00 ##submission.copyrightStatement## BOARD COMPOSITION IN FAMILY BUSINESS AND PERFORMANCE IN GHANA: ROLE OF CEO DUALITY AND TYPE OF DIRECTORS 2019-02-05T17:42:36+00:00 KONG YUSHENG Jonas Bawuah GEORGE OHENE DJAN PETER KWAME KUUTOL <p><strong>Abstract </strong></p> <p>Over decades now, studies on board compositions have been centered on well-structured market and institutions to the disadvantage of small and medium firms who are also drivers of growth. This paper therefore seeks to examine how non-listed private family owned firms’ performance are affected by certain board structural characteristics. Using hierarchical regression analysis with 319 firms in Ghana, on one hand the result reveals that a higher proportion of non-executive directors impacted negatively on the positive effect of CEO duality. On the other hand, we could not adduce any evidence to suggest that family firms’ board of directors’ diversity have influence on the impact of non-executive director’s effect on performance. We therefore proposed that growing non-listed family firms should lessen the use of non-executive directors when the CEO plays dual role in the firm. The study therefore provides empirical evidence that composition of board of privately owned family firms affect performance and further gives insight and credence to the need to influence the application of good corporate governance in such businesses and in a faction different from what has been suggested in general literature of board</p> 2019-02-05T17:42:35+00:00 ##submission.copyrightStatement##