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Volume 6, Issue 1

The Preliminary Study of Applying TOPSIS Method to Assess an Elderly Caring Center Performance Ranking
Original Research
It is most important to evaluate performance between profit and not-profit organizations. Profit-“the bottom line”-is an unambiguous measure of a business organization’s effectiveness. Not-for-profit organizations make performance measurement more difficult. However, we do not think this means that managers in those organizations can ignore finances for continuous operating. The study analyze ten successive years nonfinancial and financial information variables of the case elderly caring center, ranking surface reflectivity can help the strategic decision-making. Using TOPSIS method as based on financial and nonfinancial information of ten consecutive years for an elderly caring center to examine past performance and systematically exploring alternative ways to make better-informed decisions in the future. The results indicate based on the comparison among of the ten years, performance ranking from the first to sixth are respectively 2013, 2011, 2014, 2015, 2016, and 2011. Among the ten years, there are four years (e.g. 2007, 2012, 2013, and 2016) are as excellent by the government in Taiwan. The elderly caring center also has good execution efficiency in accordance with budgets at the end of year. As an “excellent” elderly caring center should has a unique operational pattern and TOPSIS is very usefully to support organizational strategic decision-making.
Journal of Business and Management Sciences. 2018, 6(1), 22-27. DOI: 10.12691/jbms-6-1-5
Pub. Date: March 28, 2018
9929 Views2223 Downloads
The Impact of Aggressive Working Capital Management Policy on Firm’s Value: A Mediating Effect of Company’s Profitability
Original Research
This study investigates the mediating effect of the company’s profitability on the link between the aggressive working capital management policy and the value of the firm. The study has been conducted to 158 non-financial firms which have managerial ownership and listed on the Indonesia Stock Exchange from 2012 to 2015. Results of this research show that aggressive working capital management policy in the form of aggressive financing policy has a negative and significant impact on profitability and firm’s value, while, the aggressive investment policy has a positive and significant impact on profitability. However, the aggressive working capital management policy has no significant impact on the firm value. Profitability has a positive and significant effect on firm’s value, and profitability able to mediate aggressive working capital management policy on the firm’s value. Accordingly, to increase the company’s market value on the non-financial firms which have managerial ownership, the manager has to increase profitability by optimizing investment on current asset and by adding the proportion of long-term financing in working capital. Finally, this study has also discussed some limitations and future research.
Journal of Business and Management Sciences. 2018, 6(1), 16-21. DOI: 10.12691/jbms-6-1-4
Pub. Date: March 19, 2018
12324 Views1514 Downloads
Role of Holistic Leadership in Kenyan Small and Medium Enterprises
Literature Review
This paper discusses the role of holistic leadership on business performance of SMEs in Kenya. The traditional dichotomy leadership-management has led to non-holistic management in many business organisations. This realisation led this study to propose the concept of “holistic leadership” which encompasses both the traditional views of leadership and management. To be able to appraise the role of holistic leadership in the performance of a company the study focused on two major sub-components: human resources management, which is the pure leadership aspect of the holistic leadership theory; and financial management and planning, which is its pure management aspect.
Journal of Business and Management Sciences. 2018, 6(1), 12-15. DOI: 10.12691/jbms-6-1-3
Pub. Date: January 17, 2018
7651 Views2297 Downloads1 Likes
What about Acceptability of Mobile Money in Sub-Saharan Africa? The Case of Cameroon
Original Research
The purpose of this article is to identify the factors determining the satisfaction of the users of Mobile money. To do this, we used the triangular approach to collect as much information as possible and to improve the reliability and validity of our results. Thus, we conducted thirty semi-structured interviews and two hundred and thirty questionnaires. The results reveal the positive and statistically significant impact of speed, cost, mobiquity, perceived usefulness, safety and social influence, as well as the negative impact of interoperability, network quality and age.
Journal of Business and Management Sciences. 2018, 6(1), 6-11. DOI: 10.12691/jbms-6-1-2
Pub. Date: January 05, 2018
10695 Views2990 Downloads2 Likes
Development of Tourism Industry and National Economic Security
Case Report
Tourism is an economic or income generating engine for economic development in a country, without exception in Indonesia. However, in fact the development of tourism industry has not been optimally done. The tourism industry should be developed by every country for eight main reasons: (1) Tourism as a trigger factor for national and international economic development. (2) The trigger of prosperity through the development of communication, transportation, accommodation, other services. (3) Special attention to cultural preservation, social values for economic value. (4) Equity of welfare caused by the consumption of tourists in a destination. (5) Foreign exchange earner. (6) The trigger of international trade. (7) Triggers the growth and development of professional education institutions and special institutions that form the soul of hospitality that is reliable and polite, and (8) market share for local products so that the variety of products continues to grow, along with the socio-economic dynamics in the area of a destination. Kabupaten Ngawi has huge tourism potential, one of which is in Ngrambe Sub-district. Potential tours include: Waterfall Bride, Waterfall Suwono, Omah Watu, rambutan garden, durian garden, rambutan garden, guava garden, salak garden, owl breeding, pagupon-pagupon. Nevertheless the great tourism potential has not been developed and managed optimally. The problems related to the tourism industry in Ngawi Regency are as follows. (1) There are many potential natural tourism objects, but not yet managed properly. (2) No well developed tourism program (3) Productivity and community welfare is relatively low. The above problems can be solved by the following methods. (1) Revitalization Program of Nature Tourism Object. (2) Natural Tourism Development Program. (3) Community Empowerment Program Around Object Nature Tourism.
Journal of Business and Management Sciences. 2018, 6(1), 1-5. DOI: 10.12691/jbms-6-1-1
Pub. Date: January 05, 2018
10657 Views3486 Downloads1 Likes