Ekspektra : Jurnal Bisnis dan Manajemen https://ejournal.unitomo.ac.id/index.php/manajemen <p>Acrredited by Minister of Research and Higher Education, Republic Indonesia, Directorate General of Research Strengthen and Development (Direktur Jenderal Penguatan Riset dan Pengembangan Kemenristekdikti RI) Number <a href="https://risbang.ristekdikti.go.id/wp-content/uploads/2019/04/Salinan-Kepdirjen-Risbang-Tentang-Peringkat-Akreditasi-Jurnal-Ilmiah-Periode-II-Tahun-2019.pdf">10/E/KPT/2019 </a>as Ranking 4 (SINTA 4).</p> <p>Ekspektra: The Business and Management Journal was published by the Dr Soetomo University Management Study Program in Surabaya in collaboration with the Surabaya Economic Doctoral Staff (IDEI) Surabaya Branch. The publication of this journal aims to improve the quality of science, and channel the interests of sharing and disseminating knowledge to academics, students, practitioners and observers of science. Editor receives research articles related to Business and Management. Journal of Business and Management - Expectations are published twice a year, namely the February and August editions.</p> <p><strong>ISSN 2549-6972 (print)</strong></p> <p><strong><strong>ISSN 2549-3604 (online)</strong></strong></p> <p>&nbsp;</p> Universitas Dr. Soetomo en-US Ekspektra : Jurnal Bisnis dan Manajemen 2549-6972 <p><a href="http://creativecommons.org/licenses/by-sa/4.0/" target="_blank"><img src="https://i.creativecommons.org/l/by-sa/4.0/88x31.png" alt="Creative Commons License" /></a></p><p><span><br /></span></p><p><span>Ekspektra : Jurnal Bisnis dan Manajemen</span>is licensed under a <a href="http://creativecommons.org/licenses/by-sa/4.0/" rel="license">Creative Commons Attribution-ShareAlike 4.0 International License</a>.</p><div> </div> Determinants of BUMN Employee Financial Management Behavior in Surabaya https://ejournal.unitomo.ac.id/index.php/manajemen/article/view/6262 <p><em>The purpose of the research was to determine the effect of personal income, financial knowledge, self control and financial attitude on financial management behavior, the effect of self control, the effect of financial knowledge on financial attitude, the ability of financial attitude to moderate the effect of financial knowledge on financial management behavior, and the ability to age in moderating the effect of financial attitude on financial management behavior. The research was conducted using a quantitative approach, with a total sample of 243 BUMN employees in Surabaya being observed. The data analysis technique was performed using the SmartPls Structural Equation Model (SEM). The results showed that personal income and self control had a significant positive effect on financial management behavior,</em></p> <p><em>Keywords: personal income, financial knowledge, self control, financial attitude, age, financial management behavior</em>.</p> Nur Herlambang Wiwik Lestari Copyright (c) 2023 Ekspektra : Jurnal Bisnis dan Manajemen http://creativecommons.org/licenses/by-nc-sa/4.0 2023-08-31 2023-08-31 7 2 79 93 10.25139/ekt.v7i2.6262 The Moderating Role of Board Diversity and COVID-19 on ESG Dimension Relationship with Financial Performance https://ejournal.unitomo.ac.id/index.php/manajemen/article/view/6386 <p><em>ESG (environmental, social, and governance) had been a field of interest globally these past few years. The purpose of this study was to evaluate impact of each ESG dimension using content analysis method to corporate financial performance (CFP) with board diversity and COVID-19 as moderating variables. Using panel data set consisting of sample of 39 nonfinancial companies listed in ESGSKEHATI during the period 2017 – 2021, it was found that ESG dimension simultaneously had significant positive impact on CFP proxied by ROA. In addition to that, it was found that interaction of social dimension with ROA weakened through moderating role of board gender diversity. In other words, ROA was expected to decrease when social disclosure items were maintained by the presence of this gender diversity. In contrast, interaction of social dimension with market value strengthened through moderating role of board gender diversity. Tobin’s Q was expected to increase when social disclosure items were maintained by the presence of this gender diversity. The other finding showed that COVID-19 pandemic strengthens interaction of social dimension with Tobin’s Q. Stakeholders need to be aware of potential impact of each ESG dimension, benefits of having board diversity, and anticipating pandemic condition impact on CFP.</em></p> Sari Renata Manik Copyright (c) 2023 Ekspektra : Jurnal Bisnis dan Manajemen http://creativecommons.org/licenses/by-nc-sa/4.0 2023-08-31 2023-08-31 7 2 94 114 10.25139/ekt.v7i2.6386 Linking Manager Leadership To Employee Performance: The Mediating Role Of Work Discipline https://ejournal.unitomo.ac.id/index.php/manajemen/article/view/6611 <p>This study examines the influence of manager leadership on employee performance through work discipline. The method used in this research is the descriptive verification method. The sample of this research is 99 employees. The sampling technique in this study uses the probability random sample method, namely random sampling or simple random sampling, where each population has the opportunity to become a sample. The analytical model used in this study is a statistical descriptive analysis model using the outer model, inner model and hypothesis test. This descriptive study shows that manager leadership is in the perfect category, work discipline is in the very high category, and employee performance is in the excellent category. While the results of the verification of manager leadership on employee work discipline have a positive and significant effect, work discipline has a positive and significant effect on employee performance, and manager leadership has a positive and significant effect on employee performance mediated by work discipline.</p> Enjang Suherman Suroso Neni Sumarni Copyright (c) 2023 Ekspektra : Jurnal Bisnis dan Manajemen http://creativecommons.org/licenses/by-nc-sa/4.0 2023-08-31 2023-08-31 7 2 115 129 10.25139/ekt.v7i2.6611 ESG Score and Firm Performance: Study of Environmentally Sensitive Companies in Emerging Market Countries https://ejournal.unitomo.ac.id/index.php/manajemen/article/view/6385 <p>This study investigated the effect of ESG Score on firm performance (operational, financial, and market) in environmentally sensitive industries. This study analyzed the effect of ESG score to firm performance before and during the Covid-19 pandemic crisis in emerging market countries to see from different perspectives to complement the gaps in existing research. To test the hypotheses, researcher used regression with panel data using the Thomson Reuters Refinitiv Eikon™ database to analyzed data from 704 environmentally sensitive listed companies selected from 16 emerging market countries between 2016 and 2021. The findings obtained from the empirical results showed that there was no significant relationship between ESG Score and operational performance (ROA), financial performance (ROE) and market performance (TQ) of companies before the Covid-19 pandemic crisis. Another finding was that there was no significant relationship between ESG Score and ROA, ROE and TQ during the pandemic crisis. This study highlights whether the Covid-19 pandemic contributes to the relationship between ESG Score and firm performance, especially for environmentally sensitive industries in emerging market countries.</p> Mohammad Iqbal Copyright (c) 2023 Ekspektra : Jurnal Bisnis dan Manajemen http://creativecommons.org/licenses/by-nc-sa/4.0 2023-08-31 2023-08-31 7 2 130 151 10.25139/ekt.v7i2.6385 The Role of Competence, Work Discipline and Work Environment Improving Employee Performance in Cooperatives in Jember Regency https://ejournal.unitomo.ac.id/index.php/manajemen/article/view/6861 <p>Cooperatives are one of the privately owned enterprises that also participate in driving the national<br>economy. This research was conducted at cooperatives throughout Jember Regency and had the aim of<br>being the first to test and find out the effect of the work environment (X) on work discipline. The second<br>goal is to test and find out the effect of work discipline (Z) on employee performance, and the last goal is<br>to test and find out the effect of the work environment (X) on employee performance (Y). The population of<br>this research is all employees of cooperatives operating in Jember Regency, totaling 1488 employees. The<br>sample size was determined using the Slovin formula and the sample size was 315 respondents. The<br>sampling technique is to use probability sampling with the technique taken, namely proportional sampling for each active cooperative. Data analysis used included: descriptive analysis, analysis of validity and reliability tests, and analysis of hypotheses, all of which were processed using Partial Least Square (SEMPLS) with the Warp PLS 6.0 program. After being analyzed using Warp PLS, the findings of this study are that competence has an impact on employee performance. Meanwhile, work discipline has an impact on employee performance at cooperatives in Jember Regency. The work environment has an impact on<br>employee performance. Thus, the first hypothesis is accepted. The second hypothesis is accepted while the third hypothesis is accepted.</p> Nurul Qomariah Nuriesty Putri Utamy Copyright (c) 2023 Ekspektra : Jurnal Bisnis dan Manajemen http://creativecommons.org/licenses/by-nc-sa/4.0 2023-09-12 2023-09-12 7 2 152 167 10.25139/ekt.v7i2.6861 The Capital Structure as A Mediator Between Profitability and Company Size to Company Value in Textile And Garment Sector Companies Listed on The Indonesia Stock Exchange (IDX) https://ejournal.unitomo.ac.id/index.php/manajemen/article/view/6959 <p><em>This study aimed to determine the effect of profitability and company size on company value with capital structure as an intervening variable in textile and garment sector companies listed on the Indonesia Stock Exchange (IDX) for 2018-2022. This research used a quantitative approach and secondary data from annual financial statements from </em><a href="http://www.idx.co.id/"><em>www.idx.co.id. </em></a><em>The population in this study was textile and garment sector companies listed on the Indonesia Stock Exchange (IDX) in the 2018-2022 period, with a population of 22 companies. Determining research samples used the purposive sampling method, and 18 companies with 90 data points were obtained as samples. Data analysis was performed using SEM-PLS version 3.0. The results of this study showed that profitability had a significant positive effect on capital structure. The size of the company had no impact on the capital structure. Profitability had a significant positive effect on the value of the company. The size of the company had no impact on the value of the company. Capital structure had a significant positive effect on the value of the company. Profitability had a significant positive impact on the value of the company with capital structure as an intervening variable; the size of the company did not affect the value of the company with capital structure as an intervening variable.</em></p> Sri Utami Ady Oky Fauzul Zakina Copyright (c) 2023 Ekspektra : Jurnal Bisnis dan Manajemen http://creativecommons.org/licenses/by-nc-sa/4.0 2023-09-22 2023-09-22 7 2 168 182 10.25139/ekt.v7i2.6959 THE IMPACT OF INNOVATION ENGAGEMENT, FUNCTIONAL ENGAGEMENT, EMOTIONAL ENGAGEMENT, AND COMMUNAL ENGAGEMENT ON USER LOYALTY IN SOCIAL MEDIA BANKING INDUSTRY https://ejournal.unitomo.ac.id/index.php/manajemen/article/view/6891 <p>The purpose of this study was to investigate the impact of user loyalty in social media banking on innovation engagement, functional engagement, emotional engagement, and communal engagement. With a sample of 223 banking customers who actively use social media in Indonesia, this study used survey and purposive sampling methods. Data was collected using a Google Form online questionnaire. SEM-PLS is used to process the collected data. This study tested the hypothesis that user loyalty is affected by innovation engagement, functional engagement, and emotional engagement. User loyalty is unaffected by communal engagement. As far as is known, this study is still not much research with social media objects in the banking industry compared to previous studies. The findings of this study are expected to assist Indonesian banks in determining the best strategy for increasing social media engagement in order to increase customer loyalty.</p> Carolus Calvin Yorisco Putra Pratama Tommy Efrata Copyright (c) 2023 Ekspektra : Jurnal Bisnis dan Manajemen http://creativecommons.org/licenses/by-nc-sa/4.0 2023-09-26 2023-09-26 7 2 182 195 10.25139/ekt.v7i2.6891