The Journal of Business and Management Research

The Influence of Motivation, Training and Compensation on Employee Performance

Yafet Daniel Matmuar, Muhammad Aldrin Akbar, Duta Mustajab — Wed, 31 Jan 2024 00:00:00 +0100

Purpose: This study aims to analyze the effects of competence, training, and work discipline on the performance of Village Consultative Body (BAMUSKAM) members in Sarmi District.

Research Design and Methodology: The research employs a quantitative approach with a survey method, utilizing a questionnaire as the instrument. The sample consists of 56 BAMUSKAM members from Sarmi District. Data analysis was conducted using multiple regression analysis and hypothesis testing with SPSS version 26.0.

Findings and Discussion: The results indicate that competence, training, and work discipline each have a positive and significant impact on BAMUSKAM members' performance. Additionally, the combined influence of these variables significantly enhances performance. The findings support the hypothesis that these factors are crucial for improving organizational performance, highlighting the importance of educational and training programs, performance measurement systems, and strict adherence to discipline.

Implications: This study underscores the necessity for local governments to invest in comprehensive training and development programs that cater to their specific needs. It also suggests fostering partnerships with educational institutions and implementing robust performance measurement systems that emphasize competence and discipline. The research provides practical insights for local government officials and policymakers to enhance the effectiveness of BAMUSKAM members.

Symbiotic Relationship between Capital Budgeting and Financing Decision-Making

Ratna Sari, Muslim Muslim — Wed, 31 Jan 2024 00:00:00 +0100

This study aims to explore the symbiotic relationship between capital budgeting and financing decision-making in corporate financial management. The research design and methodology involve a comprehensive literature analysis, incorporating seminal theories and recent empirical studies to elucidate the interconnectedness of investment choices and funding strategies. Findings indicate that effective coordination between capital budgeting and financing decisions is essential for firms to optimize resource allocation, manage financial risks, and enhance shareholder value. Strategic capital allocation enables firms to prioritize investments that offer the highest potential for value creation while aligning investment decisions with financing considerations, which ensures efficient use of financial resources. The implications of this research suggest that integrating capital budgeting and financing decision-making enables firms to navigate dynamic market conditions, adapt to regulatory changes, and capitalize on emerging opportunities. By addressing these research gaps, scholars can better understand the factors driving firms' strategic planning and value-creation initiatives.

Market Behaviors and Economic Crisis: Insights from Financial Economics

Abdul Haris — Wed, 31 Jan 2024 00:00:00 +0100

The research abstract encapsulates a comprehensive exploration of market behaviors during economic crises within financial economics. The study aims to elucidate the intricate dynamics of market behaviors amidst crises and their implications for theory and practice in financial economics. Employing a mixed-methods approach, the research integrates theoretical frameworks with empirical evidence to offer insights into the complexities of market dynamics. The study design thoroughly examines theoretical constructs and empirical investigations, drawing upon established frameworks such as the Efficient Market Hypothesis and behavioral finance theories. The research unravels the interplay between rational and irrational factors driving market outcomes during crises through empirical studies, including analysis of historical market data and examination of investor behavior. The findings underscore the need for a nuanced understanding of market behaviors, emphasizing the integration of rational and behavioral perspectives in financial economics theory and practice. The study's implications extend to policymakers, investors, and market participants, providing actionable insights to navigate turbulent economic environments effectively and foster stability in global financial markets.

Balance Scorecard Analysis to Measure Hospital Performance

Andreas Ferik Fiada Thahan, Muhammad Yamin Noch, Suratini Suratini — Wed, 31 Jul 2024 00:00:00 +0200

This study aims to evaluate and analyze the performance of Provita Hospital using the Balanced Scorecard approach. The population of this study includes all patients—general, BPJS, and insurance—who received treatment or care at Provita Hospital Jayapura in 2022. A sample of 90 patients was selected. The data analysis method used is mediation analysis with data processed using SmartPls version 3.00 software. The findings indicate that the performance of Provita Hospital is generally reasonable. This is evidenced by results from the financial, customer, and internal business processes and growth and learning perspectives, all of which exceed standard hospital benchmarks. Specifically, the hospital shows strong liquidity, solvency, and cost recovery rate performance, although improvements are needed in the total assets turnover ratio. Customer retention rates are high, but customer acquisition rates need enhancement. Internal processes, measured by LOS and GDR, meet the standards, but BOR requires attention. Employee satisfaction and training are satisfactory, although retention is slightly above the ideal rate. The study highlights the importance of continuous improvement in financial management, customer service, and employee development. The results suggest practical strategies for hospital management to enhance overall performance by leveraging strengths and addressing weaknesses identified in the Balanced Scorecard analysis. These findings are valuable for policymakers and hospital administrators aiming to improve healthcare service quality and operational efficiency.

Deciphering Financial Strategy Management: Insights into Performance and Investment Decision-Making

Yulianah Yulianah — Wed, 31 Jan 2024 00:00:00 +0100

This study explores financial strategy management's implications on organizational performance and investment decision-making processes. Employing a qualitative approach, the research conducts a comprehensive literature review to synthesize existing knowledge. The study highlights the significance of effective financial strategy management in enhancing organizational profitability, liquidity, and growth prospects. Through an analysis of empirical studies by Graham and Harvey (2001), Fama and French (1993), and Carhart (1997), the research underscores the importance of tailored financial strategies and active portfolio management in achieving superior investment performance. Furthermore, integrating environmental, social, and governance (ESG) criteria into financial strategy formulation is examined, drawing on research by Li and Tang (2020), which suggests that companies embracing sustainability principles can achieve competitive advantages and attract socially responsible investors. The findings emphasize the multifaceted nature of financial strategy management, necessitating a comprehensive understanding of internal and external factors influencing financial decisions. The study also discusses future research directions, including exploring emerging trends such as digitalization, the role of behavioral biases in financial decision-making, and longitudinal studies tracking the performance of financial strategies over time. This research contributes to the theoretical understanding and practical implications of financial strategy management in navigating dynamic market environments.