JOURNAL ARTICLEPoetry Shafwatullah · Maria Jacinta Arquisola
International Journal of Research in Business and Social Science · 2024
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This research aims to determine whether a top cosmetic company’s Beauty for Better Life Women's Empowerment Program (BFBL – WEP) has encouraged women to become entrepreneurs in the micro, small, and medium enterprises (MSME) sector, and identify the various obstacles and challenges they face in navigating their entrepreneurship journey. Launched by the L'Oréal Foundation in 2009 in 27 countries including Indonesia, the BFBL Program believes that a program like this will play a central role in helping vulnerable, underprivileged, or marginalized women regain their self-esteem, develop self-confidence and enhance their well-being. Using a qualitative research design with primary data collected through semi-structured interviews of thirteen (13) female beneficiaries of the Program, the research covered six (6) regions in Indonesia. Additional data was obtained from two (2) more key informants representing the Head of the BFBL Program in L’Oreal Indonesia and a beauty coach. Interviews were done through hybrid methods of offline and online engagements with respondents, enabling reach as well as convenience as the respondents came from different regions across the country. Findings show that the BFBL produces successful women MSME entrepreneurs through a) training in the planning and design of beauty services; b) resource support provides mentoring and coaching, and c) marketing support skills through social media promotion, creating a business portfolio, and learning ethical practices in dealing with clients. Geographical challenges in program implementation as well as logistical capabilities of participants were detected. Implications to organizational practices related to women’s entrepreneurship promotion are presented.
DOI 10.20525/ijrbs.v13i4.33960 Crossref citations1 OpenAlex citations
JOURNAL ARTICLEMaria Jacinta Arquisola · Liswandi Liswandi · Erny Hutabarat · Fitri Choerunnisa Fauzi
International Journal of Research in Business and Social Science · 2022
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The objective of the study is to assess how industry professionals perceive the implementation of flexible work arrangements (FWA) and what challenges are likely to enable or hinder its adoption in Indonesian companies. We conducted an intensive qualitative study for three months, guided by phenomenology, with 15 industry professionals representing multi-sectorial industries, as respondents. Laddered open-ended interviewing using two series of focus group discussions was employed. Thematic analysis was used to analyze the data. Our findings show that industry professionals are in favor of FWA due to the many benefits it could bring to the employees like work-life balance, health and safety, flexible hours, convenience and comfort, and efficiency in the utilization of office space facilities.
DOI 10.20525/ijrbs.v10i8.14953 Crossref citations9 OpenAlex citations
JOURNAL ARTICLEMuhamad Safiq · Rinda Selviana · Widyahayu Warmmeswara Kusumastati
International Journal of Research in Business and Social Science · 2020
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This study aimed to determine financial and non-financial factors influencing future cash flow and their impacts on company's financial distress. This study uses earnings, cash flow from operations, accrual components, working capital (financial), inflation (nonfinancial) as independent variables that are thought to have an effect on future cash flow. In addition, this research also suspects that there is an impact of this influence on company financial distress. The sample used in this study was 30 food and beverage manufacturing companies listed on the Indonesia Stock Exchange from 2013 to 2015. Hypothesis testing, in this research, used Structural Equation Model (SEM) method with AMOS 24 statistic. The result showed that earnings, accrual component, and working capital had a significant positive effect on future cash flow. Furthermore, cash flow from operation had significant negative effect on future cash flow, but inflation did not affect company's future cash flow. These results indicate that financial variables have a significant effect, both positive and negative, on the company's future cash flow. Meanwhile, non-financial variables have no significant effect. Other test resulted that future cash flow had a significant negative effect on financial distress. Based on the results of this study, it can be seen that stakeholders, especially investors, really pay attention to the company's financial performance compared to non-finance. This is due to the significant influence of financial variables on the company's future cash flow and it can have an impact on financial distress. Therefore, future research is expected to explore other financial factors that affect the company's future cash flow, for example, the company's financial risk.
DOI 10.20525/ijrbs.v9i5.8593 Crossref citations10 OpenAlex citations
JOURNAL ARTICLEKunthi Afrilinda Kusumawardani · Hanif Adinugroho Widyanto · I Putu Lingga Iswara Deva
International Journal of Research in Business and Social Science · 2020
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This research was conducted to explore the factors predicting the Entrepreneurial Intention among female entrepreneurs in the Balinese tourism industry. The theory of planned behaviour (TPB) framework was utilised as the mediating variables, while Exposure to Role Models, Psychological Characteristics, Entrepreneurship Education, and Access to Financial Capital are used as the exogenous variables. This study used a quantitative method by employing the Likert scale for the questionnaires with a total of 352 respondents and analysed using the Structural Equation Modelling (SEM). This study found that Psychological Characteristics and Entrepreneurship Education had an indirect influence on Entrepreneurial Intention through the mediating variables of Personal Attitude and Perceived Behavioural Control. Access to Financial Capital was also found to have an indirect influence on Entrepreneurial Intention with the Perceived Behavioural Control as the mediating variable
DOI 10.20525/ijrbs.v9i1.6118 Crossref citations14 OpenAlex citations
JOURNAL ARTICLEMaria Jacinta Arquisola · Iseu Adywianti Muanar
International Journal of Research in Business and Social Science · 2019
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The study analyzed whether family influence, gender, and entrepreneurial education would influence vocational students’ desire to become entrepreneurs. A survey was conducted in 6 vocational schools in Tasikmalaya, West Java, involving 246 vocational students. Using multiple regression analysis, findings show that entrepreneurial education has the highest influence (57.5%) shaping entrepreneurial intention among vocational students, while gender account for 30% influence on students’ entrepreneurial intention. Male and female students believed that they must be given the same opportunities for entrepreneurship, yet there are feminine and masculine attributes that differentiate successful entrepreneurial plans between genders. Lastly, findings show that family background has the least influence (16%) on entrepreneurial intentions. Respondents disclosed that there are many choices open to them aside from being entrepreneurs, and they would opt for this choice instead of following their parents. Nevertheless, they believe in family support through advice and access to capital. Implications for research, policy, and practice are discussed. This study has shown evidence that entrepreneurship can be a solution to Indonesia’s high unemployment problem for young vocational students, but this entails better entrepreneurial education, the provision of gender-equal opportunities for males and female students, and enhanced family support for entrepreneurial ventures.
DOI 10.20525/ijrbs.v8i5.3097 Crossref citations16 OpenAlex citations