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        Organizational Culture and Employee Performance

        Sopiah SOPIAH,Mahirah KAMALUDIN,Etta Mamang SANGADJI,Bagus Shandy NARMADITYA 한국유통과학회 2021 The Journal of Asian Finance, Economics and Busine Vol.8 No.6

        The purpose of this study is to examine the impact of organizational culture and employee performance on Islamic banks in Indonesia, as well as understanding the mediating role of organizational leadership commitment on job satisfaction. This study applied a quantitative method using path analysis to understand the relationship between variables and the existing phenomenon. A survey method was used in gathering approximately 600 respondents from employees in several Islamic banks in Indonesia, including Bank Muamalat, BTN Syariah, Bank Mandiri Syariah, BRI Syariah, and BNI Syariah, who have worked for more than three years. Furthermore, the data were analyzed with Structural Equation Modeling PLS. The findings indicate that organizational culture can explain job satisfaction, organizational leadership commitment, and employee performance. These results suggest that organizational leadership commitment and job satisfaction play a crucial role in mediating corporate culture and employee performance of Islamic banks. The finding of this research should entice decision-makers in Islamic banks in Indonesia, especially in East Java, to pay more attention to maintaining and improving organizational culture that has strong organizational leadership commitment and employees’ job satisfaction. This study’s results are also expected to contribute to the development of human resources management science and organizational behavior.

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        Nexus between Inflation and Unemployment: Evidence from Indonesia

        Dwi WULANDARI,Sugeng Hadi UTOMO,Bagus Shandy NARMADITYA,Mahirah KAMALUDIN 한국유통과학회 2019 The Journal of Asian Finance, Economics and Busine Vol.6 No.2

        This study intended to examine the relationship between inflation and unemployment rate in Indonesia during 1987 to 2018 period. The study applied a quantitative method using Vector Error Correction Model (VECM) in order to comprehensively understand the causality between inflation and unemployment rates. The data were collected from various main sources including the World Bank, Central Bank of Indonesia, and Central Bureau of Statistics (BPS). The findings showed that inflation has a one-way relationship toward unemployment in Indonesia and it occurs at the third lag. Impulse Response Function (IRF), shows that the inflation rate are fluctuating in response to the shock of unemployment. The unemployment rate responses to shocks from inflation initially increased until it is eventually diminished. It shows that the shocks caused by the impact of inflation were only in the short term. Further, inflation in the three previous lags will have consequences for the unemployment rate in the year. Lastly, both in the long run and short run, unemployment did not affect inflation rates. These findings suggest that high inflation in Indonesia is determined the rising price of basic commodities and fuel. In addition, most companies in Indonesia applying capital intensive so that employment growth in Indonesia is small.

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