scholarly journals PENGAMBILAN KEPUTUSAN HUTANG PADA USAHA KECIL DAN MENENGAH (UKM) DI PULAU LOMBOK: SUATU PERSPEKTIF BEHAVIORAL FINANCE

2018 ◽  
Vol 7 (4) ◽  
Author(s):  
Siti Aisyah Hidayati ◽  
Embun Suryani ◽  
M Muhdin
Keyword(s):  
Decision Making ◽  
Behavioral Finance ◽  
Loss Aversion ◽  
Sampling Method ◽  
Confirmation Bias ◽  
Sampling Technique ◽  
Factor Group ◽  
Dominant Factor ◽  
The Third ◽  
Lombok Island

The purpose of this study is to find out what factors determine decision making of debt and what are the most dominant factors in  decision making of debt for SMEs on the island of Lombok.  This research is an explanatory research with quantitative approach. The population is all SMEs located in Lombok island. The sample is selected by Non probability sampling technique with a judgment sampling method where the SMEs that selected as samples are SMEs in handicraft industry of pottery and already exporting the products. Of the existing population, there are 25 (twenty five) SMEs that can be sampled. Respondents in this study are managers who also the owner of the SMEs. Data was collected using questionnaire. To achieve the research objectives, the data obtained will be processed according to needs using Factor Analysis.The results of this study indicate there are three groups of factors that determine  decision making of debt, namely the First Factor Group consists of: Variable Excessive Optimism, Variable Overconfidence, Variable Confirmation Bias and Variable Aversion to sure loss. This factor is named Factor Overconfidence. The Second Factor Group consisted of Representativeness Variables, Avaibility Variables and Anchoring and Adjustment Variables. This factor is named the Avaibility Factor. The third factor group consists of Affect Variables and Aversion Loss Variables. This factor is named the Factor of Loss Aversion. The most dominant factor in determining debt decision making for SMEs in Lombok Island is the Overconfidence factor group consisting of Variable Excessive Optimism, Variable Overconfidence, Variable Confirmation Bias and Variable Aversion to sure loss .

scholarly journals PENGAMBILAN KEPUTUSAN HUTANG PADA USAHA KECIL DAN MENENGAH (UKM) DI PULAU LOMBOK: SUATU PERSPEKTIF BEHAVIORAL FINANCE

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Siti Aisyah Hidayati ◽  
Embun Suryani ◽  
M Muhdin
Keyword(s):  
Decision Making ◽  
Behavioral Finance ◽  
Loss Aversion ◽  
Sampling Method ◽  
Confirmation Bias ◽  
Sampling Technique ◽  
Factor Group ◽  
Dominant Factor ◽  
The Third ◽  
Lombok Island

The purpose of this study is to find out what factors determine decision making of debt and what are the most dominant factors in  decision making of debt for SMEs on the island of Lombok.  This research is an explanatory research with quantitative approach. The population is all SMEs located in Lombok island. The sample is selected by Non probability sampling technique with a judgment sampling method where the SMEs that selected as samples are SMEs in handicraft industry of pottery and already exporting the products. Of the existing population, there are 25 (twenty five) SMEs that can be sampled. Respondents in this study are managers who also the owner of the SMEs. Data was collected using questionnaire. To achieve the research objectives, the data obtained will be processed according to needs using Factor Analysis.The results of this study indicate there are three groups of factors that determine  decision making of debt, namely the First Factor Group consists of: Variable Excessive Optimism, Variable Overconfidence, Variable Confirmation Bias and Variable Aversion to sure loss. This factor is named Factor Overconfidence. The Second Factor Group consisted of Representativeness Variables, Avaibility Variables and Anchoring and Adjustment Variables. This factor is named the Avaibility Factor. The third factor group consists of Affect Variables and Aversion Loss Variables. This factor is named the Factor of Loss Aversion. The most dominant factor in determining debt decision making for SMEs in Lombok Island is the Overconfidence factor group consisting of Variable Excessive Optimism, Variable Overconfidence, Variable Confirmation Bias and Variable Aversion to sure loss .Keyword:Behavioral finance, decision making of debt, SMEs

Analisis Efisiensi Pemasaran Tempe (Studi Kasus di Sentra Produksi Tempe Sanan, Kelurahan Purwantoro, Kecamatan Blimbing, Kota Malang)

2019 ◽  
Vol 6 (01) ◽  
pp. 57-67
Author(s):  
Maria Christina Sarkol ◽  
Lisa Kurniawati ◽  
Sari Perwita
Keyword(s):  
Sampling Method ◽  
Simple Random Sampling ◽  
Marketing Channels ◽  
Dominant Factor ◽  
Selling Price ◽  
Snowball Sampling ◽  
The Third ◽  
Marketing Process ◽  
Marketing Efficiency

Tempeh industry is a typical household business that requires little investment and has few workers. Efficient marketing could optimize the income of tempeh’s producers. This research aims to understand the marketing efficiency and factors that affect the purchasing margin of tempeh in selected areas. This research will study the value of farmer’s share and the marketing margin of tempeh to evaluate the commerce efficiency. The sampels are the producers and sellers. 58 tempeh’s producers are selected by the simple random sampling method. The sellers, on the other hand, are chosen using the snowball sampling, a technique that tracks down the marketing process. The variable studied in the  research are as follows: 1) producer’s tempeh’s selling cost, 2) tempeh’s selling price on commercial institution, 3) marketing cost, 4) total amount of sold products, 5) numbers of  marketing  institution  where the  product  passes,  6)  the  marketing margin, 7) the farmer’s share, and 8) marketing efficiency. The research finds three marketing channels on the case study areas. The first channel is from the producers to tempeh. The second channel is form producers to retailers to consumers. The third channel is from producers to peddlers to consumers. By using the farmer’s share, the calculation of commerce efficiency. The leading cause is the lack of middlemen. Moreover, the double regression analysis show the retailers tempeh selling cost (X4) to be the dominant factor in the marketing margin of tempeh.

PENGARUH FINANCIAL ATTITUDE DAN FINANCIAL KNOWLEDGE TERHADAP KEPUTUSAN KEUANGAN PADA PEMILIK USAHA KECIL DAN MENENGAH (UKM) DI PULAU LOMBOK: SUATU PERSPEKTIF BEHAVIORAL FINANCE

2020 ◽  
Vol 6 (2) ◽  
pp. 166-178
Author(s):  
Siti Aisyah Hidayati ◽  
Sri Wahyulina ◽  
Embun Suryani
Keyword(s):  
Decision Making ◽  
Behavioral Finance ◽  
Financial Management ◽  
Sampling Technique ◽  
Provincial Government ◽  
Financial Knowledge ◽  
Financial Attitudes ◽  
Financial Decisions ◽  
Financial Decision Making ◽  
Financial Decision

This study aims to analyze the effect of Financial Attitude and Financial Knowledge on financial decisions on Small and Medium Business Owners (UKM) on Lombok Island. The theoretical contribution of this research is expected to contribute to science and the development of behavioral finance theories related to financial decision making in Small and Medium Enterprises (SMEs). It is also expected that behavioral finance will be the subject of financial management courses. Furthermore, the practical contribution of this research is expected to provide input, suggestions and recommendations to the policy maker of the NTB Provincial Government in making policies related to the development of SMEs. This research is a quantitative approach based research, with the type of explanatory research. The study population is all SMEs in the island of Lombok. The sampling technique is done by using Non probability sampling, which uses judgment sampling, which is choosing SMEs that are engaged in the pottery industry and have already exported. From the existing population, there are 35 (thirty-five) SMEs that can be taken as samples. Respondents in this study are the owners of each of these UKM. Data collection techniques used in this study were using a questionnaire. To achieve research objectives and hypothesis testing, the data obtained will be processed according to needs using GSCA (Generalized Structured Component Analysis) statistical tools.The results showed that Financial Attitudes had a positive and significant effect on financial decision making by SME owners and owners. This means that the better the Financial Attitudes owned by SME owners, the bolder they are in making financial decisions. Financial Knowledge has a positive and significant impact on financial decision making by SME owners and owners. This means that the better the Financial Knowledge possessed by SME owners, the bolder the financial decisions will be

scholarly journals FAKTOR YANG MEMPENGARUHI MOTIVASI WISATAWAN KE DESA WISATA LIANG NDARA KABUPATEN MANGGARAI BARAT

Jurnal IPTA ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 113
Author(s):  
Viktorianus Walbat ◽  
Putu Agus Wikanatha Sagita ◽  
N.M.S. Wijaya
Keyword(s):  
Factor Analysis ◽  
Sampling Method ◽  
Local Community ◽  
Dominant Factor ◽  
Public Facilities ◽  
The Third ◽  
Routine Work ◽  
Analysis Technique

This research was conducted to analysis the factors that influence the motivation of tourists, and to find out the dominant factors that influence the motivation of tourists visiting the Liang Ndara Tourism village of Manggarai Barat Regency. Determination of the sample for tourists using the Accidental sampling method, the analysis technique used in this study is a descriptive quantitative analysis technique with validity, reliability and factor analysis supported by SPSS version 21.0.The result examined of factor analysis, there are three factors that influence the motivation of tourists to visit Liang Ndara Tourism Village, (1) Quality of Facilities Factors consisting of six indicators, namely the availability of public facilities such as toilets and parking area, escape from urban routine, hand-woven crafts and traditional woven textiles made by local, the uniqueness of cultural attractions such as the Caci dance or traditional dance by Manggarai Barat people, the security, natural resources such as waterfall and protected forest, (2) The second factor is Rest and Relaxation factor, which consists of six indicators, namely the desire for physical and mental refreshment, the desire to interact socially with the local community, breaking away from routine work, Liang Ndara Tourism Village location easy to access by vehicle, restaurants facility, Availability of Lodging / accommodation. (3) The third factor is Realize Dreams factor, which consists of two indicators, namely fulfillment of travel dreams, and the desire to visit friends or relatives. The dominant factor of the three factors above is Quality of Facilities.

Analysis of The Influence of Entrepreneurship Capability, Agility, Business Transformation, Opportunity on Start-Up Behavior In E-Commerce Companies In Indonesia During The Covid 19 Pandemic

2021 ◽  
Vol 18 ◽  
pp. 1103-1112
Author(s):  
Christopher Allen Pramono ◽  
Adler Haymans Manurung ◽  
Pantri Heriyati ◽  
Wibowo Kosasih
Keyword(s):  
Sampling Method ◽  
Sampling Technique ◽  
Partial Least Square ◽  
Least Square ◽  
Primary Data ◽  
Dominant Factor ◽  
Business Transformation ◽  
Partial Least Square Analysis ◽  
Start Up ◽  
Start Ups

The purpose of this study is to analyze the influence of Entrepreneurship Capability, Agility, Business Transformation, Opportunity on Start-Up Behavior in E-Commerce Companies in Indonesia During the Covid 19 Pandemic. The quantitative method used in this study was applied to start-up companies in Greater Jakarta with a population of 522 start-ups. The sampling method in this study used a purposive sampling technique. Questionnaires were distributed using google form as many as 522 questionnaires, 200 questionnaires were returned. From the returned questionnaires, after sorting the completeness and fulfilling the requirements for testing, 187 questionnaires were obtained consisting of the founders. Primary data were collected through a questionnaire and then analyzed using statistical analysis methods using Partial Least Square SmartPLS version 3 program. The partial least square analysis results show that each of the factors: agility, entrepreneurship capability, business transformation and opportunity have a significant effect in increasing start-up behavior in Jabodetabek. This finding explains that in building a start-up, the founder must possess the agility entrepreneurship capability factor while still following business transformation and opportunities in developing the business. This study also found that the opportunity factor is the most dominant factor in increasing the start-up behavior of founders.

scholarly journals ALASAN DAN HAMBATAN PENYAJIAN BUAH LOKAL DALAM OPERASIONAL HOTEL BERBINTANG DI SANUR

2015 ◽  
Author(s):  
I Gusti Agung Diah Adelianie
Keyword(s):  
Decision Making ◽  
Sampling Method ◽  
Tourism Development ◽  
Dominant Factor ◽  
Consumer Decision Making ◽  
Marketing Theory ◽  
Consumer Decision ◽  
Dominant Type ◽  
Purposive Sampling ◽  
The Government

Indonesian tourism development is strongly supported by awide range of sectors one of which being the agricultural asa supplier of local fruits which become tourist consumptionprocessed into foods and beverages that have high sales value.This article discusses the dominant type of local fruits served inoperations of five-star hotels in Sanur tourism area, the reasonfor the hotel to serve local fruits, and the obstacles experiencedin serving them. The study used mix marketing theory andthe theory of consumer decision-making attitude. The studywas conducted by purposive sampling method with the studysites of seven star hotels in Sanur. Data were collected throughobservation, interviews, and by distributing 80 questionnairesfilled out by the hotels. The study reveals that the dominantfruits served in hotel operations are fruits that did not dependon the season and are selected based on factors including ofquality, continuity, price, serving variation, and policy wherethe dominant factor of this study was that of quality. This studyconcludes that there is a need for the cooperation betweenfarmers, suppliers, hotels and the government in maximizingthe absorption of local fruits at five-star hotels in Sanur.

scholarly journals Impact of Overconfidence and Loss Aversion Biases on Equity Investor’s Decision-Making Process and Performance

2018 ◽  
pp. 156-180
Author(s):  
Abdul Rauf ◽  
Muhammad Kashif Khurshid ◽  
Muhammad Afzal
Keyword(s):  
Decision Making ◽  
Behavioral Finance ◽  
Loss Aversion ◽  
Positive Impact ◽  
Investment Decision ◽  
Pearson Correlation ◽  
Decision Making Process ◽  
Behavioral Factors ◽  
Investment Performance ◽  
And Performance

This study investigates the behavioral factors that impact on equity investors’ investment decision making process together with investment performance at Pakistan’s Stock Markets. As in Pakistan, limited work is done in behavioral finance. This study is considered to add significantly to the advancement of this field in Pakistan. The study starts with the previous theories in behavioral finance. So, based on those theories, researchers develop hypotheses. After that, these hypotheses are tested through the questionnaires which are distributed to individual equity investors at Pakistan’s Stock Exchanges. Then the collected data are analyzed by using Exploratory Factor Analysis (EFA), Cronbach’s Alpha, Pearson Correlation Coefficient and Multiple Linear Regression (MLR) tests. The results show that there are two mainly behavioral factors: Heuristic Theory (Overconfidence Bias) and Prospect Theory (Loss Aversion Bias), affecting the investment decisions making process and performance of individual equity investors. Most of the sub-variables of both behavioral biases directly contain positive impact. But, when the mediating variable: decision making process was used; these biases contain high positive impact on the performance of equity investors which concludes the better decision-making ability of investors help them to improve their performance.

scholarly journals Faktor-Faktor yang Mempengaruhi Pengambilan Keputusan Menjadi Tenaga Kerja Indonesia (Studi Kasus di Kabupaten Grobogan)

2018 ◽  
Vol 6 (4) ◽  
pp. 386-394
Author(s):  
Bagas Saktyo Kuncoro
Keyword(s):  
Factor Analysis ◽  
Data Collection ◽  
Marital Status ◽  
Migrant Workers ◽  
Employment Status ◽  
Sampling Technique ◽  
Dominant Factor ◽  
The Third ◽  
Central Java ◽  
Questionnaire Method

Penempatan tenaga kerja Indonesia di Jawa Tengah terutama di kabupaten Grobogan merupakan salah satu sumber tenaga kerja Indonesia yang cukup berkontribusi.Kontribusi yang dimaksud adalah sumbangan tenaga kerja Indonesia yang berasal dari Kabupaten Grobogan.Tujuan penelitian ini adalah untuk mengetahui seberapa besar pengaruh dominan faktor umur, status pernikahan, status pekerjaan, pendidikan terakhir, jumlah tanggungan, dan pendapatan terhadap keputusan menjadi tenaga kerja Indonesia. Populasi dalam penelitian ini adalah orang yang akan bekerja menjadi Tenaga Kerja Indonesia (TKI) di Kabupaten Grobogan..Pengambilan sampel dengan menggunakan teknik incidental sampling sejumlah 100 responden.Metode pengumpulan data yang digunakan metode kuesioner. Metode analisis dalam penelitian ini menggunakan analisis faktor dengan menggunakan program SPSS 16.00 for Windows. Hasil penelitian ini menunjukan bahwa faktor yang paling berpengaruh dominan terkonsentrasi menjadi 3 faktor, faktor pertama memberikan pengaruh sebesar 43,93% terdiri dari status pernikahan, pendidikan terakhir, dan umur. Faktor kedua memberikan pengaruh sebesar 21,54% terdiri dari status pekerjaan dan pendapatan. Faktor ketiga memberikan pengaruh sebesar 14,27% terdiri atas jumlah tanggungan. Placement of Indonesian workers in Central Java, especially in Grobogan is one source of Indonesian workers who contribute enough. The contribution in question is a donation of Indonesian workers coming from Grobogan. The purpose of this study is to find out how much influence the dominant factor of age, marital status, employment status, recent education, the number of dependents, and income to the decision to become Indonesian labor. The population in this study are people who will work to become Indonesian Migrant Workers (TKI) in Grobogan District..Sampling using incidental sampling technique of 100 respondents. Methods of data collection used questionnaire method. The method of analysis in this study using factor analysis using SPSS 16.00 for Windows. The results of this study indicate that the most dominant factor is concentrated into 3 factors, the first factor gives the effect of 43.93% consists of marriage status, last education, and age. The second factor gives an influence of 21.54% consisting of employment status and income. The third factor gives an influence of 14.27% consists of the number of dependents.

scholarly journals FACTORS INFLUENCING TI-IE DECISION -MAKING OF USING XL CELLULAR SERVICES (A STUDY AT XL CELLULAR USERS IN RURAL AREAS OF CENTRAL LOMBOK REGENCY)

2016 ◽  
Vol 5 (3) ◽  
Author(s):  
Silvia Herlina
Keyword(s):  
Decision Making ◽  
Rural Areas ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Mobile Services ◽  
Dominant Factor ◽  
Research Approach ◽  
Service Center ◽  
Environmental Aspects

The use of mobile services as a medium of communication showed increasing trend over time in the community. it also affects the changes in their behavior patterns. especially people who want the ease of communicating and getting information.  The problem formulated in this study is: what factors are influencing the decision-making of buyers of mobile services XL (study of mobile users XL in rural areas of Central Lombok district). seen from the aspects of individual consumers. environmental aspects and marketing stimuli aspects. and which of these factor dominantly influence the decision on the purchase of XL's mobile products.  This research is the associative / relationship study described through quantitative research approach to determine the effect of variable on the number of XL product user services in rural areas of central Lombok regency. Methods of sampling used is non probabiliy sampling. While the sampling technique is accidental sampling. The total number of sample is 100 people. There are 13 research variables. Thc variable is measured with Likert scale. Hypothesis testing used is multiple linear regression analysis through F test and T test with confidence level at 95% (a=0,05). The Results of partial testing of the nine factors that have significant influence show that simultanously consumers need (X1). consumers income (X2). the influence of family / neighbors (X4). consumers social interaction (X5). recomendation of consumers' friends (X6). price of XL credits (X8), quality of XL cellular service (X9). the availability of the service center of XL cellular (X I 0) and the availability of stores or vendors that sell cellular services XL (X 12) affect the decision of XL cellular services in Central Lombok Regency. meanwhile, the availability of the service center of XL is the most dominant factor.  From the results of this study. it is suggested that the marketers pay attention on marketing stimuli factors, in particular the availability of the service center as a consideration in formulating marketing strategic. and also for fellow researchers to conduct research on consumer behavior related to the their needs and desires. Keyword : changing patterns of behavior, individual aspects of consumer, environmental aspects, aspects of marketing stimuli, decisions on purchasing XL mobile services, availibility of service centers, needs and desires.

scholarly journals Investment Decisions, Herd Behaviour and Retail Investors

2019 ◽  
Vol 8 (10) ◽  
pp. 3291-3294
Keyword(s):  
Decision Making ◽  
Behavioral Finance ◽  
Psychological Factors ◽  
Investment Decisions ◽  
Sampling Technique ◽  
Primary Data ◽  
Individual Investors ◽  
Herd Behavior ◽  
Retail Investors ◽  
The Impact

Behavioral finance explains that cognitive biases influences investor decision making. Due to the influence of different behavioral biases investors do tend to make irrational decisions. Behavioral finance has highlighted the failure of traditional finance theories to account for human emotions when making investment decisions. While traditional finance theories disregard human element in decision-making, behavioral finance theories take into account the human phycology while explaining theories. Many studies have found and explained many biases that are exhibited by investors which lead to irrational investment decision making on their part. One among the many the biases herding can be considered among the most important behavior which leads to low quality investment decisions by investors. While compared to studies about herd behavior of institutional investors, the studies about individual retail investors in less. The motive behind this study is to clarify the role of demographic factors and psychological factors that influence herd behavior among individual investors. In this study the impact of demographics and psychological factors on herd behavior was studied. For this survey, primary data was collected using Judgment sampling technique and the results analyzed. Retail investors in Chennai exhibited herd behavior with regard to investment decisions. Eight factors were found to influence herd behavior.

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