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翻調Y蘭離別的醐置低態拙剥鱒擦5

Professor Hemant Merchant(Kate Tiedemann Co哩5e Of Business

皿iversity South of FIorida St・ Petersburg’USA)

Professor Othman Yong(Universiti Kebangsaan Malaysi亘)

i誉田租-he姫°〇n鞄an二〇、a憎む周己一躍爪en: Aままシ〇まく汀、

Proceedings

The 2nd Intemational Conference on Finance, Management

and Business (ICFMB 2018)``Dissemi11atil-g Ideas for Deve-opment in The Fie-d ofFina11Ce, Management and Business”

Editor: E一|11an Denny Arfronto

Layou`: Thomas.Sugeng Hariyoto

Design Cover: E一|11an Demy Arfianto

Pl-of Hemant Merchant

(University of South F!orida in St. Petersburg)

Prof Claudio Morana

(Milan State Univel・Sity)

Prof Joseph Cherjan (NUS)

P~・Of Sugato Bhattacharyya

(University of Michigan)

Pl壷Math串van D匝

(Erasmus Univel.Sity)

P-壷Sugeng Wahyudi

(Universitas Diponegoro)

Prof Al.manu Thoyib

(Un ivet●Sitas Bl・aWijaya)

Chotibak (Pab) Jotikasthira, PhD

Revjewers:

(Southem Methodist Universjty)

Joha'1 Sulaemall, PhD

(National U-1ive一-Sity of Sjngapo一-e)

Wing Wa!一丁l-am, Phd (UNSW)

Dl-. Mohd Norfian A冊ah

(Ullive一●Siti Tekl-OIogi MaIaysia)

Dr. Sul-a一-nomo (Ullive一-Sitas Diponego一・O)

Dl二A喜-ya'・ Y皿iawa11

(U高vcl‾Sitas Diponegoro)

Agung Buclldad主PhD

(Ulliversitas Nege= Jaka一・ta)

D'∴ Sul「el-ma一一(Univel・Sitas Ncger高kaI.ta)

Dr・ Ha可m Muharam (Department ofManagement FEB Unjve]-Sitas DIPOnegOro)

Dr. Susi]o Toto RaharJO (Magister Mandyemen FEB UnlVerSitas Djpo11egOrO)

Organizing Committee:

Eman Demy (Univel.Sitas Diponegoro)

Rizal Hari Magnadi (Universitas Diponegoro)

Pub萱ished by:

Departn-ent OfManagement Faculty of Economics and Bus]neSS Un】Vel・Sitas Diponegoro

J廿rof Soedarto SH, Tembalang, Kota Semarang, Jawa Tel]ga]一50275

EmaiI: feb@undip.ac.idTelp (024) 7648685l, 76486853

Fax ‥ (024) 76486852

ThlS PしIbl獲CatlOn is ln COPyright, Su匝to statutory except]On and to the p「ovisIOnS Ofrelevant collective

llCenSlng ag宣-eements. No reproduct宣On Ofany part may take place wlthout the wrltten Pe宣・mlSS]On OfDeparrment

Of Management FEB Unive]-Sitas Diponegol-O

First published in 2018

Djstl・ibしIted by:

Depa萱lment ofManagement Faculty ofEconomics and Bus】neSS Un-VerSltaS DIPOnegOrO

Jl. Prof Soedarto SH` Temba]ang・ Kota Semarang・ Ja、Va Tengah 50275

Ema圧feb@しIndip.ac.id

丁e申(024) 76486851, 76486853

Fax : (024) 76486852

7擁2′′′7 hter′面on“l `t,碕rence o′硝m′均脇′nge〃酬t md軌of〃eSS

叶　　　　Se棚ra〃g・ A 〃些竺

FOREWORDS

増車報国轟to welcome you to semarang, Indonesia. The puIPOSe Of Intemati。nal

- Finnce’Management and Business is to bring together researchers and

案ov⊂r the world to share new ideas and present latest developments in the

巾r]血caI areas of finance, management and business.

動have the keynote speakers in the conferellCe; Professor Hemant Merchant

of South F!orida in St・ Petersburg, USA and Professor Othma喜l Yong from

柵細雪血孤a書l participants of the cふlference to take time 11Ot Only for paper

漬置also to actively engage one another and to take this oppo巾nity to further

軽iona廿nks.

uhl not be possible to be organうzed without the dedicated efforts of many

軸1. h]‘.e COnt「ibuted to the various process that make up thjs event. For their

重量nc靴ly convey my appreciation. My sincere gratitude aIso goes to our

l呼arrd joumal pa血ers that provide their suppo11 in this conference.

提著しScmarang with its exotic and unlque atmOSPhere is very lntel・eSting to be

田園町yOur Stay in Semarang.

t Department FEB Universitas Diponegoro

航2′,′I l′,′er〃妬初aI `b′炉e′タCe O′,勅時事h的呼g〃?ent #nd動siness

Se′〃a′・伽ふ-4重′g′′S′ l, 20]8

PATRONS

Keynote Speakers:

Professor Hemant Merchant (University of South FIorida in St. Petersburg, USA)

Professor Othman Yong (Universiti Kebangsaan Malaysia)

Organizer:

Department of Management FEB Universitas Diponegoro

Co-Organizers:

Tunghai University, Taiwan

Asosiasj Ilmuwan Man年jemen Indonesja

Indonesjan Financial Management Association

Dr. Ha可m Muharam (Depa血ent ofManagement FEB Ulljversitas Diponegoro)

Conference Co-Chair:

Dr. Susilo Raha可v (Magister Mandyemen FEB Universitas Diponegoro)

Scient脆c Committee:

Prof Hemant Merchant (University of South FIorida in St. Petersburg)

Pl‾Of Claudio Morana (Milan State University)

Prof Joseph Cherian (NUS)

Prof Sugato Bhattacharyya (University ofMichigan)

Prof Math串van D担(Erasmus University)

Prof Sugeng Wahyudi (Universitas Diponegoro)

Prof Amanu Thoyib (Universitas Braw担ya)

Chotibak (Pab) Jotikasthira, PhD (Southem Methodist Unive量-Sity)

Johan Sulaeman, PhD (National University of Singapore)

Wjng Wah Tham, Phd (UNSW)

Dr. Mohd Norfan A]靖eh (Universiti TeknoIogi Malaysia)

Dl‾・ Suhamomo (Universitas Diponegoro)

D一‾・ Ahya重- Yuniawan (Universitas Diponegoro)

Agung Buchdadi, PhD (Universitas Negeri Jaka11a)

Organizing Committee:

E]’man Denny Arfianto (Universitas Diponegoro)

Rizal Hari Magnadi (Unive重・sitas Diponegoro)

771e 2′′‘/ J’1ier,,a血n“, `高的rence伽揃anc4 ”a′鳴eI〃e〃/ aI?d BII諭ess

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CONFERENCE PROGRAM

Hour �Program �Loeat盲on

07.30-14.00 �Registration �4thfloor,CBuilding

08.00-10.00 �Concu町entSeSSion] �Rooml-5,3thfloor’CBuilding

10.00「10.15 �Coffeebreak �4thfloor,CBui]ding

10.15-10.25 �Openingspeech �Mainha星4thfloor,CBui喜ding

10.25-漢2.00 �Keynote　speeches　by　Prof　Hemant �Mai漢lhal上4thfloor,CBuilding

MerchantandProfOthmanYong

漢2,00-13.15 �Lunch �4thf]oor,CBuilding

13.15-14.45 �SeminarsbyProfHemantMerchantand �Mainha町4thfloor,CBui萱djng

Prof二OthmanYong

漢4.45-15.00 �Co鮒;ebreak �4thfloor,CBuildうng

15,00「17.00 �Concu町entSeSSion2 �Room上5,3thfloor,CBuilding

17.00-17.30 �Closingceremonyandbestpaperawards �Mainha=・4thf]oor,CBuilding

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書NDEX

FOREWORDS

PATRONS

PROGRAM

PRESENTATION SCHEDULE

FACTORS ENFLUENCENG EMPLOYEE ENGAGEMENT TOWARDS THE ORGANIZAT丁ON OF

KHON KAEN UNIVERSITY PERSONNEL　.

Dusadee Ayuwat, Jongrak Hong-ngam, Wanichcha Narongchai) Supee Samoma? Kriangkrai

Pasuta’ Krongkaew Kingsawat’ Somphot Thinpru? Kwamakorn Sonman, Nattawat

Auraiampai

PERCE獲VED PATIENT-CENTERED B珊AV]OR AND PA丁肥NT ENGAGEMENT ON

QUALITY OF CARE WITH PATIENT,S OR]ENTATION PREFERENCE AS THE

MODERAT萱NG VARIABLE

L盲nda Kong) Ying-Chyi Chou? Ching-Hua Lu

THE JMPACT OF NON-INTEREST ENCOME ON BANK MARKET PERFORMANCE: THE

ROLES OF REGULATIONS, BANK CONCENTRATION, AND CORPORATE GOVERNANCE

Hsiao-Jung Chen) I Gusti Agung Musa Budidama

HAPPINESS FROM ECONOMIC STATUS‥　EVIDENCE FROM THE ELDERLY IN THE

NORTHEASTERN REGION OF THAILAND

Jongrak Hong-ngam) Dusadee Ayuwat’Kesinee Saranrittichai

BEHAVIOURAL AND PSYCHOLOGICAL FACTORS INFLUENCING MALAYSIAN

HOUSEHOLDS ’FENANCIAL WELL-BEING

ヽurul Shahnaz MaIldzan, Rozaimah Zainudin) Fauzi Zainir’Mohd EdiI Abd Sukor’Wan

`Iarhaini Wan Ahmad

丁HE DETERMENANTS OF CREDIT CARD MISUSE AMONG GENERATION Y URBANITES

IN MALAYSIA

Rozaimah Zainudin, NuruI Shahnaz Ahmad Mahdzan) Yeap Ming Yee……・・・・　　　　　　6

GしOBALIZATION IMPACTED TO SUSTAENABILITY OF VOLCANIC DISASTER

¥I‘¥NAGEMENT PERFORMANCES EN MT.SLAMET, ENDONESIA

Diah Setyawati Dewanti, Dusadee Ayuwat? Sekson Yongvanit

ROLE OF MICRO FINANCE INSTITUTIONS EN DEVELOPENG THE SMALL SCALE

EN丁ERPRISES OF ETH]OPIA

▲nubha Sl・ivastava, Preet主Ku萱shrestha8

77’e 2’’‘’加er,’a/ional Co碕J.enCe O′硝′タanCe,脇′糊ge′′r朗t ”′′d軌si′7eSS

Sen雄rang, A z/gZ/st J, 20I8

丁HE DE丁ERMTNANTS OF GROWTH AND F丁RM VALUE

Abid Djazuli, Ervita Savitri, Dinarossi Utami

MODEL OF SMALL MEDIUM ENTERPRISES PERFORMANCE BASED ON GREEN

ECONOMY THROUGH STRENGTHENENG ENSTITUTIONAL AND PRODUCT萱ON

Sriyono Sriyono, Sigit Hermawan, SalWendah Biduri

NEW MODEL OF ENTEPRENEUR CREATION FROM PROFESSIONAL WORKER

Masruhan KhoIi!, Sony Heru Priyanto, Roos Kities Andadari, Sri Su賞andjari ,………‥………………23

丁HE EFFECT OF FTRM SIZE, EARNENG VOLATILITY, AND丁NTEREST RATES ON THE

S丁OCK RETURN AND F萱NANCIAL PERFORMANCE AS MEDIAT書ON

To州y Maringka

LOCAL CUL萱NARY MSME DEVELOPMENT ON INDONESIA TOUR量SM

Asep MuIyana, Rita Koma!adewi, Dika Jatnika, Deru Andika

EVALUATION OF TIME BASED MAINTENANCE (TBM) TO REDUCE MA丁NTENANCE

COS丁

Nisa Isrofi, Moses Laksono SinggiIl

THE D]FFERENCE IN EFFECTIVENESS BETWEEN NIKAH OR S2 VERS事ON AND GOYANG

BERSIH JINGLE VERSION OF FAIR　&　LOVELY TELEVIS工ON ADVERTISEMENTS IN

PALEMBANG CITY

Siska Futri, Sri Rahayu, Ervita Sa範tri

THE INFLUENCE OF BRAND AWARENESS, PERCEIVED QUALITY, PRICE, AND

ADVERTISING ON CONSUMERS' PURCHASING DECISION ON THE PRIVATE-BRANDED

PRODUCTS OF ALFAMART DEPOK INDONESIA

Waseso Segoro, BeIla Linda Yuniar

】NCREASE REPURCHASE INTENTION THROUGH SATISFACTION AND TRUST AT

ZALORA.CO.ID, INDONESIA

Mudiantono, Marko Tatang

CUSTOMER LOYALTY WITH CUSTOMER SATISFACTION AS INTERVENING VARIABLE

ON LIONAIR CUSTOMER EN ENDONESIA

Avianto Dimas Praditya, Sri Rahayu Tri Astuti

THE EFFECT OF FENANCIAL INCLUSION TO MICRO SMALL AND MEDIUM ENTERPRISES

CREDIT IN INDONESIA

Linati Haida AIim王, Astiwi Indriani

INDIVIDUAL CHARACTERISTICS, FENANCIAL LITERACY AND ABILITY IN DETECTING

INVES丁MENT SCAMS

Anis Chariri, Wibowati Sektiyani, Nu〇・lina, Richa Wahyu Wulanda賞・j 32

77,e 2′,′′加erI,atio′タ"/ Cの′昨′■enCe OIタ掃′妬けCe, Ma′1暗e′′書e′,t “n〃 B′亙〃eSS

Se〃,ar仰g, A wg〃St J, 20I8

THE DETERM暮NANTS OF GROWTH AND F書RM VALUE

Abid DjazuIi, Ervita Savitri, Dimrossi Utami

Ul「iversitas Muhammadiyah Palembang

Abstract

Growth is one of the goals of the compa11y. The company will gaill PrOfitability through sales growth

and its impact wi旧1CreaSe the compaI-y Value. This study aims to examine the infomation about the

detel・minants of g「owth of ma-1ufactu「e firmS in Indonesia・ For this purpose, eXPlanatory variable of

debt to equity ratio was used as co11trO岨1g factor and actual growth, intemal growth, PrOfitab庸y

growth and sustainable growth were used as independent variables. This study is conducted by using

300 sample of manufacturmg companies listed in萱ndonesia Stock Exchange from 20]2-201 6・ The

results ofresearch showed that, in case of manufacturing companies in Indonesia Stock Exchange, the

deteminants ofgrow旧IaVe a St一・Ong rOIe to influellCe the value ofthe fim・ Several key findings are

covered in this research that intexpretatjollS Of sustainable growth defined as the maximum level of

sales that can be increased without undemimr!g financial resources. It is therefore importan=o

understand the need for li一両growth to mailltain financial stl・ength.

Keyword ‥ aCtua! gTOWth,血emal growth・ PrOfitability growth, fim value"

21