SEPT-2023 – ABPI

September 2023 Volume 39 Issue 09

1. SOME THEORIES OF MOTIVATION IN BUSINESS MANAGEMENT: AN ELABORATION OF WESTERN AND ISLAMIC WORLDVIEW

Authors: FUAD MAS’UD, FAJAR SURYA ARI ANGGARA, RAKHMAD AGUNG HIDAYATULLAH, USMANUL KHAKIM and M. FAQIH NIDZOM

Abstract

This study aims to elaborate on the elements of fundamental beliefs (worldview) in theories of work motivation in Western business management; and compare; and integrate them with elements of an Islamic worldview related to work motivation. In Western business management, the motivation theory expressed by, e.g., Maslow, Mc. Gregor and Herlberg do not accommodate worship as work motivation; while in the Islamic worldview, worship is essential as an investment from the acceptance of the concept of God; This is why this study was conducted. This study is a literature review utilizing interpretation and comparison analysis, while the approach used is a philosophical approach with worldview theory as the theoretical framework for this study. The results of this study are; First, Western motivational theories such as Maslow's hierarchy of needs and Mc Gregor's theory of x and y., Herzberg's two-sided theory, has its roots in the Western worldview, which accommodates secularism, rationalism, humanism, materialism, and atheism. Second, the Islamic worldview accommodates God as the central concept of the worldview; then, the relationship between God and humans is servitude (mahdhoh worship), and the relationship between humans and nature is preservation (ghoiru mahdhoh worship); where the first motivation is more fundamental and personal while the second is social, Third, work motivation based on the Islamic worldview has a double value, namely the worldly and the hereafter simultaneously. Fourth, the Islamic worldview also affirms positive human impulses as a means to support the achievement of the ultimate human goal and negative impulses that neglect and hinder humans in achieving their creative goals. Fifth, the difference in worldview, which is the basis of Western and Islamic motivation theory, has proven to make the model, structure, form, spectrum, and reach of Western and Islamic work motivation theory different.

Keywords: Worship, Work Motivation, Worldview, Philosophical Study

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2. MANAGING EMOTIONAL INTELLIGENCE AMONG THE STUDENTS IN MANAGEMENT STUDIES

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3. A STUDY OF THE KEY SUCCESS FACTORS FOR LOUNGE BAR MANAGEMENT

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4. THE EFFECT OF BUSINESS ENVIRONMENT ON THE ISLAMIC BANK PERFORMANCE IN INDONESIA: MEDIATING ROLE OF INNOVATION MANAGEMENT

Authors: DENY HENDRAWATI, MARGONO SETIAWAN, SUMIATI and FATCHUR ROHMAN

Abstract

The performance of Islamic banks, which have a much smaller market share and asset share than conventional banks, is contradictory to the Muslim population, which is the majority in Indonesia. Based on this background, this study aims to examine the effect of the business environment on the performance of Islamic banks, the influence of the business environment on innovation management, the influence of innovation management on Islamic bank performance, and the mediating effect of innovation management in the relationship between the business environment and the performance of Islamic banks. This study uses a causality research method. Explanatory research was carried out using a quantitative approach with cross-sectional data collection. The unit of analysis in this study is the Islamic banking service industry, so the target population is Islamic banks with a population according to data from the Financial Services Authority (OJK) totaling 197 Islamic banks consisting of three categories, namely Islamic Commercial Banks, Islamic Business Units, and Islamic People Financing Bank (BPRS). The number of samples taken was 130. The measurement scale in this study used an ordinal scale using the Likert method. The Structural Equation Modeling method was used to analyze the data. The research findings reveal that; the business environment does not have a significant effect on the performance of Islamic banks, the business environment has a significant effect on innovation management, innovation management has a significant effect on the performance of Islamic banks, and innovation management also mediates the influence of the business environment on the performance of Islamic banks. The mediating effect of innovation management is greater than its direct influence on the performance of Islamic banks. These findings show the important role of innovation management in improving the performance of Islamic banks. Innovation management that is developed by adapting to changes in the business environment will contribute more to improving the performance of Islamic banks. Thus, the results of this study provide managerial implications that Islamic bank management needs to consider the development of innovation management to improve Islamic bank performance, taking into account changes in the business environment.

Keywords: Business Environment, Innovation Management, Islamic Bank Performance.

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5. “A STUDY ON INVESTORS PERCEPTIONS TOWARDS DIFFERENT INVESTMENT AVENUES”

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6. FACTORS CONTRIBUTING TO THE PERFORMANCE OF INTERNAL AUDIT

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Accountancy Business and the Public Interest

Accountancy Business and the Public Interest

September 2023 Volume 39 Issue 09