Document details

(1)

(2)

(3)

Document details

References (85)

4 of 13

Determinants and consequences of environmental investment: an empirical study of Indonesian ﬁrms

^(Article)

, , ,

Faculty of Economics and Business, Universitas Diponegoro, Semarang, Indonesia

Abstract

Purpose: This study aims to examine the effect of institutional ownership, audit committee and types of industry on environmental investment. Furthermore, this research investigates the consequences of environmental investments on firm financial performance. Design/methodology/approach: The sample consisted of companies listed on the Indonesia Stock Exchanges and receiving PROPER awards issued by the Ministry of Environment, Republic of Indonesia in the year - . The data were then analyzed using ordinal logistic regression and multiple regression. Findings: The findings showed that environmental investment was significantly affected by types of industry. However, institutional ownership and audit committee did not influence environmental investment. Finally, the finding indicated that environmental investments positively affected firm financial performance. Research limitations/implications: This research only covered companies listed on the Indonesia Stock Exchanges and receiving PROPER awards. Thus, the findings cannot be generalized for all companies in Indonesia and other markets.

Originality/value: This study is the ﬁrst eﬀort intended to investigate the determinants and consequences of environmental investment which have been ignored by previous studies, especially in the Asian emerging markets.

This study at least provides us with two main contributions. First, the findings on determinants of environmental investment can be used by governments in Asian countries, especially Indonesia as a reference in making policies concerning the obligations of companies to the environmental problems. Second, the finding on the relationship of environmental investment and financial performance can be used by companies as strategies to generate profits without destroying the environment. © , Emerald Publishing Limited.

SciVal Topic Prominence

Topic:

Prominence percentile: 99.741

Author keywords

Audit committee Company size Environmental investment Firm performance Institutional ownership Ownership PROPER Types of industry

◅ Back to results ◅ Previous Next ▻



^Export



^Download



^Print



^E-mail



Save to PDF

⋆

Save to list ^More...

▻

View at Publisher

Journal of Asia Business Studies

Volume 13, Issue 3, 8 July 2019, Pages 433-449

Chariri, A.  Nasir, M.  Januarti, I.  Daljono, D.  

 Save all to author list



View references (85)



Environmental Disclosure | Sustainability Reporting | Global Reporting Initiative



ISSN: 15587894 Source Type: Journal Original language: English

DOI: 10.1108/JABS-05-2017-0061 Document Type: Article

Publisher: Emerald Group Publishing Ltd.

▻ View in search results format

PlumX Metrics

Usage, Captures, Mentions, Social Media and Citations beyond Scopus.

Metrics

3

Citations in Scopus

86th percentile

2.09

Field-Weighted Citation Impact

Cited by 3 documents

, ,

(2020) Energies

, ,

(2020) Journal of Asia Business Studies

, ,

(2020) Journal of Asia Business Studies

Inform me when this document is cited in Scopus:

Brought to you by Universitas Diponegoro

Search Sources Lists SciVal ↗ BH

Scopus will be redesigning this page. We'd like your opinion! ×

(4)

Abernathy, J.L., Beyer, B., Masli, A., Stefaniak, C.M.

(2015) Current Issues in Auditing, 9 (1), pp. P1-P9. . doi: 10.2308/ciia-51030

Ahmed Haji, A.

(2015) Managerial Auditing Journal, 30 (8-9), pp. 756-784. . doi: 10.1108/MAJ-07-2015-1221

Akhtaruddin, M., Haron, H.

(2010) Asian Review of Accounting, 18 (1), pp. 68-82. . doi: 10.1108/13217341011046015

Ashforth, B.E., Gibbs, B.W.

The Double-Edge of organizational legitimation

(1990) Organization Science, 1 (2), pp. 177-194. .

Bagur-Femenías, L., Perramon, J., Amat, O.

(2015) Total Quality Management and Business Excellence, 26 (7-8), pp. 840-853. . doi: 10.1080/14783363.2014.895523

Banasik, E., Barut, M., Kloot, L.

(2010) Australian Accounting Review, 20 (4), pp. 387-399. . doi: 10.1111/j.1835-2561.2010.00102.x

Barbu, E.M., Dumontier, P., Feleagǎ, N., Feleagǎ, L.

(2014) International Journal of Accounting, 49 (2), pp. 231-247. . doi: 10.1016/j.intacc.2014.04.003

All Export



Print



E-mail



Save to PDF Create bibliography 1

How the source of audit committee accounting expertise inﬂuences ﬁnancial reporting timeliness

Cited 6 times http://aaajournals.org/doi/pdf/10.2308/ciia-51030

View at Publisher

2

The role of audit committee attributes in intellectual capital disclosures: Evidence from Malaysia

Cited 14 times http://www.emeraldinsight.com/info/journals/maj/maj.jsp

View at Publisher

3

Board ownership, audit committees' eﬀectiveness and corporate voluntary disclosures

Cited 43 times

View at Publisher

4

Cited 867 times

5

Impact of quality and environmental investment on business competitiveness and proﬁtability in small service business: the case of travel agencies

Cited 13 times http://www.tandf.co.uk/journals/titles/14783363.asp

View at Publisher

6

Socially Responsible Investment: Labour Standards and Environmental, Social and Ethical Disclosures within the SRI Industry

Cited 8 times

View at Publisher

7

Mandatory environmental disclosures by companies complying with IASs/IFRSs: The cases of France, Germany, and the UK

Cited 37 times http://www.elsevier.com/locate/intacc

View at Publisher

, ,

(2017) International Journal of Energy Economics and Policy

, ,

(2018) E3S Web of Conferences

,

(2017) European Research Studies Journal

Find more related documents in Scopus based on:

performance: Insights from Indonesian companies Chariri, A. Januarti, I. Yuyetta, E.N.A.

Does Green Investment Increase Financial Performance? Empirical Evidence from Indonesian Companies

Chariri, A. Bukit, G.R.S.B.

Eklesia, O.B.

Audit committee characteristics and integrated reporting:

Empirical study of companies listed on the Johannesburg stock exchange

Chariri, A. Januarti, I.

View all related documents based on references

▻

Authors Keywords ▻

(5)

Bepari, M.K., Mollik, A.T.

(2015) Journal of Applied Accounting Research, 16 (2), pp. 196-220. . doi: 10.1108/JAAR-05-2013-0038

Berliner, D., Prakash, A.

(2013) Law and Society Review, 47 (2), pp. 345-373. . doi: 10.1111/lasr.12015

Bonifant, B.C., Arnold, M.B., Long, F.J.

(1995) Business Horizons, 38 (4), pp. 37-47. . doi: 10.1016/0007-6813(95)90007-1

Bryce, M., Ali, M.J., Mather, P.R.

(2015) Paciﬁc Basin Finance Journal, Part A 35, pp. 163-181. . doi: 10.1016/j.pacﬁn.2014.12.002

Calza, F., Profumo, G., Tutore, I.

(2016) Business Strategy and the Environment, 25 (6), pp. 369-389. . doi: 10.1002/bse.1873

Chakroun, R., Matoussi, H.

Determinants of the extent of voluntary disclosure in the annual reports of the Tunisian ﬁrms

(2012) Journal of Accounting and Management Information Systems, 11 (3), pp. 335-370. .

Chang, K., Zhang, L.

(2015) WSEAS Transactions on Systems and Control, 10, pp. 405-414. . 8

Effect of audit quality and accounting and finance backgrounds of audit committee members on firms' compliance with IFRS for goodwill impairment testing

Cited 16 times http://www.emeraldinsight.com/info/journals/jaar/jaar.jsp

View at Publisher

9

Signaling Environmental Stewardship in the Shadow of Weak Governance: The Global Diﬀusion of ISO 14001

10

Gaining competitive advantage through environmental investments

Cited 75 times

View at Publisher

11

Accounting quality in the pre-/post-IFRS adoption periods and the impact on audit committee eﬀectiveness - Evidence from Australia

Cited 27 times http://www.elsevier.com/locate/pacﬁn

View at Publisher

12

Corporate Ownership and Environmental Proactivity

Cited 25 times http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-0836

View at Publisher

13

Cited 17 times

14

The eﬀects of corporate ownership structure on environmental information disclosure

—Empirical evidence from unbalanced penal data in heavy-pollution industries in China

Cited 8 times http://www.wseas.org/multimedia/journals/control/2015/a865703-368.pdf

Scopus will be redesigning this page. We'd like your opinion! ×

(6)

Chang, L., Li, W., Lu, X.

Chariri, A., Bukit, G.R.S.B., Eklesia, O.B., Christi, B.U., Tarigan, D.M.

(Open Access)

(2018) E3S Web of Conferences, 31, art. no. 09001. . doi: 10.1051/e3sconf/20183109001

Chariri, A., Januarti, I., Yuyetta, E.N.A.

(2017) International Journal of Energy Economics and Policy, 7 (6), pp. 19-26. .

Chen, J.-H., Wu, S.-I.

(2015) Total Quality Management and Business Excellence, 26 (7-8), pp. 778-792. . doi: 10.1080/14783363.2014.884309

Chen, L., Tang, O., Feldmann, A.

(2015) Journal of Cleaner Production, 98, pp. 36-46. . doi: 10.1016/j.jclepro.2014.02.001

Cho, C.H., Freedman, M., Patten, D.M.

(2012) Accounting, Auditing and Accountability Journal, 25 (3), pp. 486-507. . doi: 10.1108/09513571211209617

Clarkson, P.M., Li, Y., Richardson, G.D., Vasvari, F.P.

(2011) Journal of Accounting and Public Policy, 30 (2), pp. 122-144. . doi: 10.1016/j.jaccpubpol.2010.09.013

15

Government engagement, environmental policy, and environmental performance:

Evidence from the most polluting chinese listed ﬁrms

View at Publisher

16

Does Green Investment Increase Financial Performance? Empirical Evidence from Indonesian Companies

Cited 2 times www.e3s-conferences.org/

View at Publisher

17

Firm characteristics, audit committee, and environmental performance: Insights from Indonesian companies

Cited 2 times http://www.econjournals.com/index.php/ijeep/article/download/5657/3395

18

A comparison of green business relationship models between industry types

Cited 7 times http://www.tandf.co.uk/journals/titles/14783363.asp

View at Publisher

19

Applying GRI reports for the investigation of environmental management practices and company performance in Sweden, China and India

Cited 38 times

View at Publisher

20

Corporate disclosure of environmental capital expenditures: A test of alternative theories

21

Does it really pay to be green? Determinants and consequences of proactive environmental strategies

Cited 303 times

View at Publisher

(7)

Claver, E., López, M.D., Molina, J.F., Tarí, J.J.

(2007) Journal of Environmental Management, 84 (4), pp. 606-619. . doi: 10.1016/j.jenvman.2006.09.012

Dezoort, F.T.

(1998) Accounting, Organizations and Society, 23 (1), pp. 1-21. . doi: 10.1016/S0361-3682(97)00029-9

Dowling, J., Pfeﬀer, J.

(1975) Sociological Perspectives, 18 (1), pp. 122-136. . doi: 10.2307/1388226

Dzikuć, M., Tomaszewski, M.

Epstein, M., Roy, M.-J.

(1998) European Management Journal, 16 (3), pp. 284-296. . doi: 10.1016/S0263-2373(98)00005-X

Fuisz-Kehrbach, S.-K.

(2015) Resources Policy, Part 1 46, pp. 101-115. . doi: 10.1016/j.resourpol.2014.10.009

Garven, S.

(2015) Academy of Accounting and Financial Studies Journal, 19 (1), pp. 67-84. .

Ghafran, C., O'Sullivan, N.

(2013) International Journal of Management Reviews, 15 (4), pp. 381-407. . doi: 10.1111/j.1468-2370.2012.00347.x

22

Environmental management and ﬁrm performance: A case study

Cited 142 times

View at Publisher

23

An analysis of experience eﬀects on audit committee members' oversight judgments

Cited 89 times http://www.elsevier.com/locate/aos

View at Publisher

24

Organizational legitimacy: Social values and organizational behavior

25

The eﬀects of ecological investments in the power industry and their ﬁnancial structure: A case study for Poland

Cited 12 times

View at Publisher

26

Managing corporate environmental performance:: A multinational perspective

Cited 66 times http://www.elsevier.com/locate/emj

View at Publisher

27

A three-dimensional framework to explore corporate sustainability activities in the mining industry: Current status and challenges ahead

Cited 21 times www.elsevier.com/inca/publications/store/3/0/4/6/7/

View at Publisher

28

The eﬀects of board and audit committee characteristics on real earnings management: Do boards and audit committees play a role in its promotion or constraint?

Cited 9 times http://www.alliedacademies.org/Publications/Download.aspx?ﬁd=756

29

The governance role of audit committees: Reviewing a decade of evidence

Scopus will be redesigning this page. We'd like your opinion! ×

(8)

Giannarakis, G., Konteos, G., Sariannidis, N.

(2014) Management Decision, 52 (10), pp. 1928-1951. . doi: 10.1108/MD-05-2014-0296

Gray, R., Kouhy, R., Lavers, S.

(1995) Accounting, Auditing & Accountability Journal, 8 (2), pp. 47-77. . doi: 10.1108/09513579510146996

Gray, R., Javad, M., Power, D.M., Sinclair, C.D.

(2001) Journal of Business Finance and Accounting, 28 (3-4), pp. 327-356. . doi: 10.1111/1468-5957.00376

Hackston, D., Milne, M.J.

Hadani, M.

(2012) Journal of Business Research, 65 (7), pp. 944-950. . doi: 10.1016/j.jbusres.2011.05.003

Hart, S.L., Ahuja, G.

(1996) Business Strategy and the Environment, 5 (1), pp. 30-37. . doi: 10.1002/(sici)1099-0836(199603)5:1<30::aid-bse38>3.0.co;2-q

Hayes, R.M.

(2014) Journal of Accounting and Economics, 58 (2-3), pp. 231-239. . doi: 10.1016/j.jacceco.2014.08.005

30

Financial, governance and environmental determinants of corporate social responsible disclosure

Cited 45 times http://www.emeraldinsight.com/info/journals/md/md.jsp

View at Publisher

31

Corporate social and environmental reporting A review of the literature and a longitudinal study of UK disclosure

32

Social and environmental disclosure and corporate characteristics: A research note and extension

Cited 366 times

View at Publisher

33

Some determinants of social and environmental disclosures in New Zealand companies

Cited 905 times

View at Publisher

34

Institutional ownership monitoring and corporate political activity: Governance implications

35

Does it pay to be green? An empirical examination of the relationship between emission reduction and ﬁrm performance

Cited 932 times

View at Publisher

36

Discussion of "Audit committee ﬁnancial expertise and earnings management: The role of status" by Badolato, Donelson, and Ege (2014)

Cited 11 times http://www.elsevier.com/locate/jacceco

View at Publisher

(9)

Hrovatin, N., Dolšak, N., Zorić, J.

Hsiung, H.-H., Wang, J.-L., Ku, W.-T.

(2012) International Research Journal of Finance and Economics, 88, pp. 132-145. .

Huang, C.-J.

(2010) Journal of Management and Organization, 16 (5), pp. 641-655. . doi: 10.5172/jmo.2010.16.5.641

Iatridis, G.E.

(2013) Emerging Markets Review, 14 (1), pp. 55-75. . doi: 10.1016/j.ememar.2012.11.003

Jackson, L.A., Singh, D.

(2015) Tourism Management Perspectives, 14, pp. 25-33. . doi: 10.1016/j.tmp.2015.02.002

Jansson, M., Biel, A.

(2011) Sustainable Development, 19 (2), pp. 135-142. . doi: 10.1002/sd.512

Judge Jr., W.Q., Douglas, T.J.

(1998) Journal of Management Studies, 35 (2), pp. 241-262. . doi: 10.1111/1467-6486.00092

Jung, D., Chan, F., Chen, G., Chow, C.

(2010) Journal of Asia Business Studies, 4 (2), pp. 73-79. . doi: 10.1108/jabs.2010.4.2.73

37

Factors impacting investments in energy eﬃciency and clean technologies: empirical evidence from Slovenian manufacturing ﬁrms

38

Ownership structure and environmental disclosure: Taiwan evidence

Cited 5 times http://www.internationalresearchjournaloﬃnanceandeconomics.com/ISSUES/IRJFE_88_12.pdf

39

Corporate governance, corporate social responsibility and corporate performance

40

Environmental disclosure quality: Evidence on environmental performance, corporate governance and value relevance

Cited 99 times

View at Publisher

41

Environmental rankings and ﬁnancial performance: An analysis of ﬁrms in the US food and beverage supply chain

Cited 13 times http://www.sciencedirect.com/science/journal/22119736

View at Publisher

42

Motives to engage in sustainable investment: A comparison between institutional and private investors

Cited 46 times

View at Publisher

43

Performance implications of incorporating natural environmental issues into the strategic planning process: An empirical assessment

Cited 389 times http://www.ingenta.com/journals/browse/bpl/joms

View at Publisher

44

Chinese CEOs' Leadership Styles and Firm Performance

Scopus will be redesigning this page. We'd like your opinion! ×

(10)

Kallamu, B.S., Saat, N.A.M.

(2015) Asian Review of Accounting, 23 (3), pp. 206-231. . doi: 10.1108/ARA-11-2013-0076

Krishnamoorthy, G., Maroney, J.J., Ó hÓgartaigh, C.

(2008) Journal of Business Research, 61 (4), pp. 355-362. . doi: 10.1016/j.jbusres.2007.06.028

Lahouel, B.B., Peretti, J.-M., Autissier, D.

(2014) Corporate Governance (Bingley), 14 (3), pp. 363-381. . doi: 10.1108/CG-07-2012-0056

Lee, K.-H.

Lindblom, C.K.

The implications of organizational legitimacy for corporate social performance and disclosure (1994) The Critical Perspectives on Accounting Conference. .

New York, NY

Lodhia, S., Hess, N.

(2014) Journal of Cleaner Production, 84 (1), pp. 43-50. . doi: 10.1016/j.jclepro.2014.08.094

Makarim, N., Sarjanto, R., Salim, A., Made Agus Setiawan, A., Ratunanda, D., Wawointana, F., Ridho, R., (...), Wheeler, D.

What is proper? Reputational incentives for pollution control in Indonesia (1995) Policy Research Department

(accessed, World Bank, Washington, DC: :, 12 August 2016

45

Audit committee attributes and ﬁrm performance: Evidence from Malaysian ﬁnance companies

Cited 16 times http://www.emeraldinsight.com/info/journals/ara/ara.jsp

View at Publisher

46

20-F reconciliations and investment recommendations by ﬁnancial professionals

Cited 4 times

View at Publisher

47

Stakeholder power and corporate social performance: The ownership eﬀect

Cited 11 times http://www.emeraldinsight.com/info/journals/cg/cg.jsp

View at Publisher

48

Does Size Matter? Evaluating Corporate Environmental Disclosure in the Australian Mining and Metal Industry: A Combined Approach of Quantity and Quality

Measurement

View at Publisher

49

Cited 530 times

50

Sustainability accounting and reporting in the mining industry: Current literature and directions for future research

Cited 53 times

View at Publisher

51

http://web.worldbank.org/archive/website01004/WEB/IMAGES/WHATISPR.PDF

(11)

Marsden, G., Groer, S.

(2016) Journal of Transport Geography, 51, pp. 170-179. . doi: 10.1016/j.jtrangeo.2016.01.002

Miko, N.U., Kamardin, H.

Impact of audit committee and audit quality on preventing earnings management in the pre- and Post- Nigerian corporate governance code 2011

(2015) Procedia – Social and Behavioral Sciences, 172, pp. 651-657. .

Minatti Ferreira, D.D., Borba, J.A., Rover, S., Dal-Ri Murcia, F.

(2014) Environmental Quality Management, 23 (4), pp. 71-86. . doi: 10.1002/tqem.21374

(2011)

Laporan Hasil Penilaian Proper (Proper Assessment Report), Jakarta

(2012)

Proper Periode 2011-2012, Jakarta

Miteva, D.A., Loucks, C.J., Pattanayak, S.K.

(Open Access)

(2015) PLoS ONE, 10 (7), art. no. e0129675. .

doi: 10.1371/journal.pone.0129675

Nakamura, E.

(2011) Eurasian Business Review, 1 (2), pp. 91-111. . doi: 10.14208/BF03353800

Nawaiseh, M.E.

(Open Access) (2015) American Journal of Applied Sciences, 12 (12), pp. 967-981. . doi: 10.3844/ajassp.2015.967.981

52

Do institutional structures matter? A comparative analysis of urban carbon management policies in the UK and Germany

Cited 10 times http://www.elsevier.com/inca/publications/store/3/0/4/4/8/index.htt

View at Publisher

53

Cited 13 times

54

Explaining environmental investments: A study of Brazilian companies

View at Publisher

55

56

57

Social and environmental impacts of forest management certiﬁcation in Indonesia

Cited 55 times http://www.plosone.org/article/fetchObject.action?

uri=info:doi/10.1371/journal.pone.0129675&representation=PDF

View at Publisher

58

Does Environmental Investment Really Contribute to Firm Performance? An Empirical Analysis Using Japanese Firms

Cited 28 times http://www.springer.com/business+%26+management/journal/40821

View at Publisher

59

Do firm size and financial performance affect corporate social responsibility disclosure: Employees’ and environmental dimensions?

Cited 7 times http://thescipub.com/pdf/10.3844/ajassp.2015.967.981

View at Publisher

Scopus will be redesigning this page. We'd like your opinion! ×

(12)

Neu, D., Warsame, H., Pedwell, K.

(1998) Accounting, Organizations and Society, 23 (3), pp. 265-282. . doi: 10.1016/S0361-3682(97)00008-1

Nulla, Y.M.

(2015) Corporate Ownership and Control, 13 (1CONT9), pp. 1052-1062.

O'Donovan, G.

Orellano, V.I.F., Quiota, S.

(Open Access)

(2011) RAE Revista de Administracao de Empresas, 51 (5), pp. 471-484. . doi: 10.1590/S0034-75902011000500005

Ortiz-de-Mandojana, N., Alberto Aragón Correa, J., Ceballosj, J.D.

(Open Access)

(2011) Cuadernos de Economia y Direccion de la Empresa, 14 (4), pp. 222-230. . doi: 10.1016/j.cede.2010.10.001

Power, D., Klassen, R., Kull, T.J., Simpson, D.

(2015) Decision Sciences, 46 (1), pp. 63-100. . doi: 10.1111/deci.12121

Reuter, T.A.

(Open Access)

(2015) Religions, 6 (4), pp. 1217-1231. . doi: 10.3390/rel6041217

60

Managing Public Impressions: Environmental Disclosures in Annual Reports

Cited 834 times http://www.elsevier.com/locate/aos

View at Publisher

61

Institutional ownership and social and sustainability reporting in green companies

http://virtusinterpress.org/IMG/pdf/COC__Volume_13_Issue_1_Continued_9_.pdf View at Publisher

62

Environmental disclosures in the annual report: Extending the applicability and predictive power of legitimacy theory

Cited 547 times

View at Publisher

63

Analysis of the return on the social and environmental investments of brazilian companies

Cited 8 times http://rae.fgv.br/sites/rae.fgv.br/ﬁles/artigos/10.1590_S0034-75902011000500004.pdf

View at Publisher

64

The relationship between managerial and institutional ownership and corporate environmental performance

Cited 5 times http://redalyc.uaemex.mx/redalyc/src/inicio/ArtPdfRed.jsp?iCve=80722239002

View at Publisher

65

Competitive goals and plant investment in environment and safety practices:

Moderating eﬀect of national culture

Cited 28 times

http://www.blackwellpublishing.com/journal.asp?ref=0011-7315&site=1

View at Publisher

66

The green revolution in the world’s religions: Indonesian examples in international comparison

Cited 4 times http://www.mdpi.com/2077-1444/6/4/1217/pdf

View at Publisher

(13)

Rock, M.T., Aden, J.

(1999) Journal of Environment and Development, 8 (4), pp. 357-375. . doi: 10.1177/107049659900800402

RokhmawatiSathye, A., Sathye, S.

The effect of GHG emission, environmental performance, and social performance on financial performance of listed manufacturing firms in Indonesia

(2015) Procedia – Social and Behavioral Sciences, 211, pp. 461-470. .

Samaha, K., Khlif, H., Hussainey, K.

(2015) Journal of International Accounting, Auditing and Taxation, 24, pp. 13-28. . doi: 10.1016/j.intaccaudtax.2014.11.001

Sariannidis, N., Konteos, G., Giannarakis, G.

(Open Access)

(2015) Corporate Ownership and Control, 12 (2), pp. 92-106. . doi: 10.22495/cocv12i2p8

Spira, L.F.

(1998) Corporate Governance: An International Review, 6 (1), pp. 29-38. . doi: 10.1111/1467-8683.00077

Spira, L.

Independence in corporate governance: the audit committee role

(1999) Business Ethics: A European Review, 8 (4), pp. 262-273. .

Sueyoshi, T., Goto, M.

(2009) Energy Policy, 37 (11), pp. 4819-4826. . doi: 10.1016/j.enpol.2009.06.038

Sun, J.H., Hu, J., Yan, J.M., Liu, Z., Shi, Y.R.

(Open Access)

(2012) Energy Procedia, Part A 16, pp. 377-382. . doi: 10.1016/j.egypro.2012.01.062

67

Initiating environmental behavior in manufacturing plants in Indonesia

Cited 14 times http://www.sageltd.co.uk/journals/details/j0097.html

View at Publisher

68

Cited 19 times

69

The impact of board and audit committee characteristics on voluntary disclosure: A meta-analysis

Cited 56 times http://www.elsevie.com/locate/intaat

View at Publisher

70

The eﬀects of greenhouse gas emissions and governance factors on corporate socially responsibility disclosure

Cited 2 times http://virtusinterpress.org/IMG/pdf/COC__Volume_12_Issue_2_Winter_2015_.pdf

View at Publisher

71

An Evolutionary Perspective on Audit Committee Eﬀectiveness

Cited 28 times http://www3.interscience.wiley.com/journal/117967216/toc

View at Publisher

72

Cited 25 times

73

Can environmental investment and expenditure enhance ﬁnancial performance of US electric utility ﬁrms under the clean air act amendment of 1990?

74

Regional Environmental Performance Evaluation: A Case of Western Regions in China

Cited 6 times http://www.sciencedirect.com/science/journal/18766102

View at Publisher

Scopus will be redesigning this page. We'd like your opinion! ×

(14)

4 of 13 Syaﬁq, M.

(2015) Journal of Environmental Assessment Policy and Management, 17 (3), art. no. 1550026.

.

doi: 10.1142/S146433321550026X

Tanyi, P.N., Smith, D.B.

(2015) Auditing, 34 (2), pp. 59-89. . doi: 10.2308/ajpt-50929

Teng, M.-J., Wu, S.-Y., Chou, S.J.-H.

(2014) Environmental Policy and Governance, 24 (1), pp. 16-27. . doi: 10.1002/eet.1634

Testa, F., Gusmerottia, N.M., Corsini, F., Passetti, E., Iraldo, F.

(2016) Corporate Social Responsibility and Environmental Management, 23 (6), pp. 373-385. . doi: 10.1002/csr.1382

Trotman, A.J., Trotman, K.T.

(2015) Auditing, 34 (1), pp. 199-230. . doi: 10.2308/ajpt-50675

Ullmann, A.A.

Data in search of a theory: a critical examination of the relationships among social performance, social disclosure and economic performance of US ﬁrms

(1985) Academy of Management Review, 10 (3), pp. 540-557. .

Chariri, A.; Faculty of Economics and Business, Universitas Diponegoro, Semarang, Indonesia;

email:

75

Improving the Eﬀectiveness of Environmental Impact Assessment in Indonesia Regarding the Protection of the Marine Environment from Industrial Pollution

Cited 4 times

http://www.worldscinet.com/jeapm/mkt/archive.shtml?2006&8

View at Publisher

76

Busyness, expertise, and ﬁnancial reporting quality of audit committee chairs and ﬁnancial experts

Cited 33 times http://www.aaapubs.org/doi/pdf/10.2308/ajpt-50929

View at Publisher

77

Environmental commitment and economic performance - short-term pain for long- term gain

Cited 22 times

View at Publisher

78

Factors Aﬀecting Environmental Management by Small and Micro Firms: The Importance of Entrepreneurs’ Attitudes and Environmental Investment

View at Publisher

79

Internal audit’s role in GHG emissions and energy reporting: Evidence from audit committees, senior accountants, and internal auditors

Cited 36 times http://www.aaapubs.org/doi/pdf/10.2308/ajpt-50675

View at Publisher

80

Cited 1132 times



[email protected]

◅ Back to results ◅ Previous Next ▻  Top of page

(15)

Content coverage Scopus blog Scopus API Privacy matters

切换到简体中文切換到繁體中文 Русский язык

Contact us

We use cookies to help provide and enhance our service and tailor content. By continuing, you agree to the .

↗

Terms and conditions Privacy policy ↗ Elsevier B.V ↗

use of cookies

Scopus will be redesigning this page. We'd like your opinion! ×

(16)

7/1/2020 Scopus - Journal of Asia Business Studies

CiteScore

1.8

⁼

Calculated on 06 May, 2020

CiteScoreTracker 2020

1.5

⁼

Last updated on 10 June, 2020 • Updated monthly

Source details

Journal of Asia Business Studies

Scopus coverage years: from 2006 to Present Publisher: Emerald

ISSN: 1558-7894 E-ISSN: 1559-2243

Subject area:

Economics, Econometrics and Finance: General Economics, Econometrics and Finance Business, Management and Accounting: Business and International Management Business, Management and Accounting: Strategy and Management

View all documents

▻

Set document alert



Save to source list

CiteScore 2019

1.8

Add CiteScore to your site



SJR 2019

0.294 ^

SNIP 2019

0.996 ^

CiteScore CiteScore rank & trend Scopus content coverage

i Improved CiteScore methodology

CiteScore counts the citations received in - to articles, reviews, conference papers, book chapters and data papers published in - , and divides this by the number of publications published in - . Learn more

▻

×

2019

^

219 Citations 2016 - 2019 119 Documents 2016 - 2019



177 Citations to date 117 Documents to date

CiteScore rank 2019

Category Rank Percentile

Economics, Econometrics and Finance

#57/228 75th

Business, Management and

#169/394 57th



General Economics, Econometrics and Finance

▻

View CiteScore methodology CiteScore FAQ

▻ 🔗

About Scopus

What is Scopus Content coverage Scopus blog

Language

⽇本語に切り替える切换到简体中文切換到繁體中文

Customer Service

Help Contact us

Brought to you by Universitas Diponegoro

Search Sources Lists SciVal ↗ Create account Sign in

(17)

7/1/2020 Scopus - Journal of Asia Business Studies

https://www.scopus.com/sourceid/21100385808?origin=resultslist 2/2

We use cookies to help provide and enhance our service and tailor content. By continuing, you agree to the .

Terms and conditions ↗ Privacy policy ↗ Elsevier B.V ↗

use of cookies

(18)

7/1/2020 Journal of Asia Business Studies | Emerald Publishing

Useful links:

Table of contents Get a sample article How to subscribe & buy

Journal Description

The Journal of Asia Business Studies publishes country-speci c, and comparative research with an Asian business and

Explore this journal on Emerald Insight

We are using cookies to give you the best experience on our website, but you are free to manage these at any time. To continue with our standard settings click

“Accept”. To find out more and manage your cookies,

UPDATE COOKIE SETTINGS

Accept all cookies Manage cookies

(19)

https://www.emeraldgrouppublishing.com/journal/jabs#editorial-team 3/7

Calls for papers Submit your paper

Aims and scope

Editorial team

Editor-in-Chief

Associate Professor Sanjay Kumar Singh Abu Dhabi University, United Arab Emirates

[email protected]

Deputy Editor

Deeksha Singh Rutgers University

Associate Editor

Punit Arora

City University of New York, USA Asda Chintakananda

NIDA Business School, National Institute of Development Administration (NIDA), Thailand Sonjaya S. Gaur

NYU School of Professional Studies, New York University, USA

Publisher

Melissa Close

[email protected]

We are using cookies to give you the best experience on our website, but you are free to manage these at any time. To continue with our standard settings click

“Accept”. To find out more and manage your cookies, click “Manage cookies”

(20)

Content Editor

Nikita Singh

[email protected]

Editorial Review Board

Neil Abramson

Simon Fraser University Walid Ahmed

Ain Shams University Mohammad Alipour Islamic Azad University Raimonda Alonderiene ISM University

Ian Austin

Edith Cowan University Iddrisu Awudu

Quinnipiac University Katharina Bader

Northumbria University, UK Melodena Balakrishnan

Mohammed Bin Rashid School of Government, Dubai Masud Chand

Wichita State University, USA Ramdas Chandra

Nova Southeastern University Alisara Rungnontarat Charinsarn Thammasat University

Donna Cooke

Florida Atlantic University Debdeep De

Jaypee Business School, Jaypee Institute of Information Technology Madhurima Deb

Indian Institute of Management Kashipur Mehmet Demirbag

University of Essex Marleen Dieleman

National University of Singapore Luis Garcia

Florida Atlantic University Majid Ghorbani

Renmin University of China, People's Republic of China Pradeep Gupta

LM Thapar School of Management, Thapar University Michael Wendelboe Hansen

Copenhagen Business School Scott A Hipsher

Naresuan University Leo Indra Wardhana

Department of Economics and Business, Vocational College Gadjah Mada University Marshall Shibing Jiang

We are using cookies to give you the best experience on our website, but you are free to manage these at any time. To continue with our standard settings click

“Accept”. To find out more and manage your cookies,

(21)

https://www.emeraldgrouppublishing.com/journal/jabs#editorial-team 5/7

Purva Kansal Panjab University Sujata Kapoor

Jaypee Business School, Jaypee Institute of Information and Technology D Karthik

Indian Institute of Management Ahmedabad Naimat U. Khan

University of Peshawar Zaheer Khan

University of Aberdeen Bradley Koch

Grand Valley State University Tanvi Kothari

San Jose State University Rajiv Kozhikode

Simon Fraser University Kim Lian Lee

Taylor's Business School, Taylor's University Jing Li

Simon Fraser University, Canada Abhradeep Maiti

Indian Institute of Management Kashipur Dennis C McCornac

Loyola University Maryland Valter Moreno

Universidade do Estado do Rio de Janeiro (UERJ) Surender Munjal

University of Leeds

Gopalakrishnan Narayanamurthy

Indian Institute of Management Kozhikode Tomasz Olejiniczak

Kozminski University Peter Omondi-Ochieng

University of Louisiana at Lafayette Nitin Pangarkar

National University of Singapore Arjan Premti

University of Wisconsin – Whitewater Chetna Priyadarshini

IFHE University, IBS Hyderabad Subroto Roy

University of New Haven Mehdi Salehi

Ferdowsi University of Mashhad Heru Satyanugraha

Trisakti University Marina Schmitz

Cologne Business School, Germany Todd M Shank

University of South Florida St. Petersburg Dheeraj Sharma

Indian Institute of Management Rohtak

We are using cookies to give you the best experience on our website, but you are free to manage these at any time. To continue with our standard settings click

“Accept”. To find out more and manage your cookies, click “Manage cookies”

(22)

Related Journals

Other Business, Management & Strategy Journals

Sunil Sharma

Indian Institute of Management - Ahmedabad Rifat Sharmelly

University of New South Wales Linda Shi

University of Victoria Pavlos Symeou

Cyprus University of Technology Florian Taube

Université libre de Bruxelles Jittima Tongurai

Kobe University Len Treviño

Florida Atlantic University Irwan Trinugroho

Sebelas Maret University George White

University of Michigan-Flint, USA and Asian Institute of Management

Author guidelines

Calls for papers

Indexing & rankings

We are using cookies to give you the best experience on our website, but you are free to manage these at any time. To continue with our standard settings click

“Accept”. To find out more and manage your cookies,

(23)

7/9/2020 Journal of Asia Business Studies: Vol. 13 Iss. 3 | Emerald Insight

https://www.emerald.com/insight/publication/issn/1558-7894/vol/13/iss/3 1/2

Table Of Contents - Special Issue: Business in Asian Emerging Markets: A Focus on Inclusive Growth

Category:Regional Management Studies Subscribe to Table of Content Alerts 

Differences in organization citizenship behavior between “serumpun” countries (Indonesia – Malaysia) Suharnomo Suharnomo, Fathyah Hashim

This paper aims to examine the e ect of job motivation and commitment on organizational citizenship behavior (OCB) of Indonesian and Malaysian employees. Organizational…



PDF (153 KB)

Controlling shareholders and the effect of diversification on firm value: evidence from Indonesian listed firms Rayenda Khresna Brahmana, Doddy Setiawan, Chee Wooi Hooy

The purpose of this paper is to investigate whether the presence of controlling shareholder a ects the value of diversi cation based on Indonesian listed rms. It…

ALTMETRICS



PDF (665 KB)

Preparedness for ASEAN Economic Community (AEC): a case study of Malaysian SME manufacturing sector Shelen W.H. Ho

The ASEAN Economic Community (AEC) initiative poses both signi cant opportunities and di cult challenges to the Malaysian SME communities. This study aims to…



PDF (912 KB)

:

1558-7894

Online date, start – end:

2006

Copyright Holder:

Emerald Publishing Limited

Open access:

hybrid

Editor:

Dr Vikas Kumar Further Information

About the Journal  Purchase Information  Editorial Team 

Write for this journal 

ISSN(International

Standard Serial Number.)

Journal of Asia Business Studies:

Volume 13 Issue 3

COVID-19: information on accessing the platform o -site here. Please visit our page. 

Welcome DIPONEGORO UNIVERSITY

Advanced search Home / Journals / Journal of Asia Business Studies / Volume 13 Issue 3

Enter your search terms here 

We use cookies to enhance your online experience. By continuing to browse this site, you agree to accept



them in accordance with our cookie policy.

I agree 

Support & Feedback 

(24)

7/9/2020 Journal of Asia Business Studies: Vol. 13 Iss. 3 | Emerald Insight

   

Services

Authors Editors Librarians Researchers Reviewers

About

About Emerald Working for Emerald Contact us

Publication Sitemap

Policies and information

Privacy notice Site policies

Modern Slavery Act

Rethinking on growth mechanism of Indian sugar industry Sheetal, Rajiv Kumar

The purpose of this paper is to revisit the growth mechanism of Indian sugar industry by deploying quantitative and qualitative metaphors.



PDF (1.1 MB)

Determinants and consequences of environmental investment: an empirical study of Indonesian firms Anis Chariri, Mohammad Nasir, Indira Januarti, Daljono Daljono

This study aims to examine the e ect of institutional ownership, audit committee and types of industry on environmental investment. Furthermore, this research…



PDF (296 KB)

Does focus strategy work? A study of bank loan portfolios in Indonesia Apriani Dorkas Rambu Atahau, Tom Cronje

The purpose of this paper is to determine the impact of loan concentration on the returns of Indonesian banks and examines whether bank ownership types a ect the…



PDF (603 KB)

Curvilinear relationship between intra-team trust and team innovation: the moderating role of task complexity Hidajat Hendarsjah, Ely Susanto, Bambang Riyanto Lies Sugianto, Tarsisius Hani Handoko

This paper aims to identify the relationship pattern between intra-team trust and team innovation and the in uence of moderating variable task complexity on the…



PDF (186 KB)

COVID-19: information on accessing the platform o -site here. Please visit our page. 

Welcome DIPONEGORO UNIVERSITY

Advanced search Home / Journals / Journal of Asia Business Studies / Volume 13 Issue 3

Enter your search terms here 

We use cookies to enhance your online experience. By continuing to browse this site, you agree to accept



them in accordance with our cookie policy.

I agree 

Support & Feedback 

(25)

Differences in organization citizenship behavior between “ serumpun ” countries (Indonesia – Malaysia)

Suharnomo Suharnomo and Fathyah Hashim

Abstract

Purpose–This paper aims to examine the effect of job motivation and commitment on organizational citizenship behavior (OCB) of Indonesian and Malaysian employees. Organizational and national cultures are introduced as moderators and OCB as a mediator to investigate their relationships in the context of job performance.

Design/methodology/approach–The sample was drawn from employees using a purposive sampling method. A total of 264 valid questionnaires were obtained from employees. The data were analyzed using regression analysis.

Findings–The results show that job commitment and job motivation positively affect OCB in Indonesia but not Malaysia. The results also reveal that job motivation affects OCB in both countries. In Indonesia, organizational culture and national culture partially moderate the influence of job commitment and motivation on OCB, except the commitment to the organization’s culture. However, roles of these moderators in job commitment and motivation are not evident in Malaysia. The result of this study also shows that OCB affects performance in Malaysia but not Indonesia.

Practical implications–The results of this study can be used to explore Indonesian and Malaysian employees. Although the culture of these two countries is originated from the same roots which cause many similarities among them, there are differences in terms of OCB and employee’s performance that can affect organizational performance and also ways in dealing business with Indonesian and Malaysian companies.

Originality/value–This study is one of the first studies to examine cross-cultural dimensions in two Southeast Asian countries. The findings contribute to the current OCB literature by confirming the roles of OCB and culture in the effects of job motivation and commitment on job performance.

Keywords Organizational commitment, Organizational citizenship behavior, Organizational culture, Job performance, National culture, Job motivation, cross-cultural comparison

Paper typeResearch paper

Introduction

Researchers in various fields have highlighted the importance of organizational citizenship behavior (OCB) to the success of an organization (Podsakoffet al., 2000).

OCB refers to individual work behavior beyond the call of duty that in aggregate benefits the effective functioning of the organization. “Beyond the call of duty” implies that the positive behaviors may or may not be rewarded by a formal reward system (Organet al., 2006).

Several antecedents of OCB have been suggested, including job motivation and organizational commitment (Podsakoff et al., 2000), motivation (Barbuto et al., 2001;

Penner,et al., 1997;Tang and Ibrahim, 1998) and organizational commitment (Alizadeh et al., 2012;Ibrahim and Aslinda, 2013;Shirley, 2010). Employees with strong commitment

Suharnomo Suharnomo is based at the Department of Management, Universitas Diponegoro Fakultas Ekonomika dan Bisnis, Semarang, Indonesia.

Fathyah Hashim is based at Graduate School of Business, Universiti Sains Malaysia, Minden, Malaysia.

Received 27 December 2016 Revised 25 May 2017 21 June 2017 11 August 2017 Accepted 5 October 2017

j

JOURNAL OF ASIA BUSINESS STUDIES

j

^{PAGE 349}

(26)

show more extra-role behavior (Gasic and Pagon, 2004) and tend to have higher performance than employees without commitment (Shirley, 2010). A motivated employee with strong commitment toward the organization will be more likely to engage in OCB.

However, levels of job motivation and commitment are often related to culture (Tsui et al., 2007). Culture is unique and inherent, and cultural differences can have significant effects even within the same large umbrella culture, such as Asian culture.

Taormina and Gao (2008) revealed differences in in culture between two similar Chinese cultures in the context of work enthusiasm.Hua et al. (2013) also observed differences in culture among nine Asian countries, albeit in the slightly different context of the volume-price variability relationship. Thus, similar cultures can have significant differences, and cultural understanding becomes essential.

Of the many frameworks available to understand culture,Hofstede’s (1980)national cultural dimensions are considered the most comprehensive in describing cultural differences and their implications in different settings, namely work, school and day-to-day basis (Shackleton and Ali, 1990;Triandis, 1982; andSchuler and Rogovsky, 1998). Despite the ability of the framework to explain cultural differences, the use of the framework to examine job motivation, organizational commitment and organizational culture has not been thoroughly explored.

The objective of this study was to further explore OCB in two countries, Indonesia and Malaysia. These two countries share the “serumpun” context; many view these two countries as almost identical, with the same culture. Research conducted byHofstede (1980) also indicates that the national cultures of Indonesia and Malaysia are very similar. However, empirical evidence suggesting that the impacts of job motivation and commitment on OCB are similar in these two countries is very limited.

Therefore, this study aimed to obtain insight in the “serumpun” context by examining the similarity of these two countries and the role of culture in the differences between Indonesian and Malaysian employees’ perceptions of their level of job motivation and organizational commitment and their influences on OCB. This study also estimates the consequences of OCB for employee job performance. The implication of the findings is discussed.

Indonesia and Malaysia – comparative analysis

Indonesia and Malaysia share similar traits in Hofstede’s national cultural dimensions (Hofstede et al., 2010). Both countries have large power distance indexes, collectivistic societies, low masculinity and uncertainty avoidance. These cultural similarities have hindered empirical comparisons (Table I).

Cross-cultural comparison studies have placed greater emphasis on studying cultural differences between two or more countries of Western and Eastern culture (Haybatollahi and Gyekye, 2015). However, closer examination reveals that Malaysia scores a full 100 on the power distance dimension. Indonesia has a very high value of 78, but according toSmit (2015), a 10-point difference in the power distance score is sufficient for persons outside

Table I Cultural dimension scores for Malaysia and Indonesia Dimension

Indonesia Malaysia

Score Category Score Category

Power Distance 78 Large PD 100 Large PD

Individualism vs Collectivism 14 Collectivist 26 Collectivist

Masculinity vs Femininity 46 Low Masculine 50 Low Masculine

Uncertainty Avoidance (UA) 48 Weak UA 36 Weak UA

Source:Hofstedeet al.(2010)

j j

(27)

Rethinking on growth mechanism of Indian sugar industry

Sheetal and Rajiv Kumar

Abstract

Purpose–The purpose of this paper is to revisit the growth mechanism of Indian sugar industry by deploying quantitative and qualitative metaphors.

Design/methodology/approach–The research paper has been composed through comprehensive primary research survey using a structured questionnaire, and qualitative discussion following semi- structured interviews with industry professionals on emerging issues across the whole value chain of sugar industry. Respondents regarding primary survey were selected using the purposive sampling, and this collected quantitative information has been verified on the lenses of multiple stream modelling (MSM).

Findings–To support the data analysis, MSM–a policy-making framework has been developed which found that government being a central construct exerts a profound presence across whole value chain; in suppliers’ mechanism, marketing of sugar and sugar mills’ infrastructural expansions. Nationwide uniformity in sugar policy instead of states’ monopolistic policies, rational and mutual benefits-based decisions collectively by the government, mills management and sugarcane growers, and diversification in production processes are enumerated as the proposed solutions against the chronical industry problems.

Practical implications–This study enriches extant Asian sugar industry literature. For policymakers, the proposed results should be of help in identifying specific policies to support the competitiveness of local systems and individual manufacturing companies in the Indian sugar industry suggesting that the development of growth mechanisms can contribute simultaneously to improve the financial, market and operational performance of both individual firms and supply chains.

Originality/value–Cyclicality in production, rising sugarcane farmers’ problems and resulting severe financial distress of mills are some of the topical issues of Indian sugar industry, and the study has explored these issues factually, quantitatively and qualitatively in proximity of industry professionals and described in this depository with the help of document analysis.

Keywords India, Growth, Diversification, Protectionism, Decontrolling, Sugar industry Paper typeResearch paper

1. Introduction

Twenty-first century is in the name of Asia, and Asian economy is mainly agriculture driven.

Agro industries like sugar is an immense source of revenue and employment in rural areas in discussed economies. Asian sugar industry is exploring the world sugar trade year by year like Thailand has become world’s second largest exporter after Brazil, Indonesia being third largest importer after India and China and Philippines’s continuous efforts towards being a versatile exporter over the decades are some of the instances of Asian nations’

participation in distorted world sugar economy (Solomon et al., 2016). Home to second world sugar production and first in sugar consumption, India itself has been able to sustain among top ten sugar exporters of the world in the past five years. Moreover, Indian sugar industry generates huge revenues; approximately Rs 25 bn annually to the exchequer of India and yields numerous social and economic benefits to sugarcane growers (Solomon, 2016;Sawhney, 2002). Given such prominent role of sugar industry to India’s economy, it is Sheetal and Rajiv Kumar

are both based at the Guru Jambheshwar University of Science and Technology, Hisar, Haryana, India.

Received 31 December 2016 Revised 26 June 2017 8 November 2017

Accepted 22 November 2017 The authors are indebted with the anonymous referees for the useful comments that greatly improved the final manuscript.

PAGE 412

j

(28)

Does focus strategy work? A study of bank loan portfolios in Indonesia

Apriani Dorkas Rambu Atahau and Tom Cronje

Abstract

Purpose–The purpose of this paper is to determine the impact of loan concentration on the returns of Indonesian banks and examines whether bank ownership types affect the relationship between concentration and returns.

Design/methodology/approach – This research uses heuristic measures of concentration: The Hirschman–Herfindahl index and Deviation from Aggregated Averages are applied to Indonesian banks across all sectors. The data covers the pre and post global financial crises periods from 2003-2011 for 109 commercial banks in Indonesia. Panel feasible generalised least squares analysis was applied.

Findings–The findings show that loan concentration increases bank returns. The positive effect of concentration on returns tends to be more significant for domestic-owned banks. In addition, the interaction effect shows that the positive effect of concentration on returns is less for foreign-owned banks.

Research limitations/implications–The Indonesian central bank changes to the reporting format of sectoral loan allocation by banks since 2012 in terms of the Indonesian Banking Statistics Details of Enhancement matrix requires separate data analysis for 2012 onwards. The findings of this paper could be enhanced by more detailed data like interest rate expenses and bank level sectoral non-performing loans data.

Practical implications–The findings suggest that a focus strategy provides better returns. Moreover, bank ownership types is an important factor to consider when setting a bank lending policy.

Originality/value–This paper is among the few studies where different measures of loan concentration in combination with measures of return are applied in Indonesia as an emerging Asian country. The research also provides evidence of the impact of concentration on the interest earnings of the loan portfolios of banks in addition to return on assets and return on equity that are generally applied as measures of return in previous research.

Keywords Concentration, Deviation from aggregated average, Heuristic measures, HHI Paper typeResearch paper

1. Introduction

Loan portfolios, similar to stock or bond portfolios, consist of combinations of loans that have been issued or purchased and are being held for repayment (Scott, 2003). Such loan portfolios of banks may be concentrated or diversified across products and sectors/segments with consideration of the magnitude of intrinsic risks constituting the portfolios. These risks include interest rates, loss probabilities (Scott, 2003), cash flows, maturities, (Sathyeet al., 2003), central bank regulations (Rossiet al., 2009) and expertise dimensions (Cronje, 2013).

Unacceptable levels of loan concentration caused many past bank failures (Dullmann and Masschelein, 2006) and had the most significant impact on the solvency of banks (Deutsche Bundesbank, 2006).Cronje (2013)on the other hand, states that banks, which only lend to certain industrial or geographic sectors, are likely to gain enriched expertise about those sectors, and hence, may be able to manage the risks better than banks that are more diversified.

Apriani Dorkas Rambu Atahau is based at Department of

Management, Universitas Kristen Satya Wacana, Salatiga, Indonesia.

Tom Cronje is based at School of Economics, Finance and Property, Faculty of Business and Law, Curtin University, Bentley, Australia.

Received 9 November 2017 Revised 22 May 2018 Accepted 10 September 2018

j j

(29)

Curvilinear relationship between

intra-team trust and team innovation: the moderating role of task complexity

Hidajat Hendarsjah, Ely Susanto, Bambang Riyanto Lies Sugianto and Tarsisius Hani Handoko

Abstract

Purpose – This paper aims to identify the relationship pattern between intra-team trust and team innovation and the influence of moderating variable task complexity on the relationship. It also describes why and how intra-team trust is a unique antecedent for team innovation, as too much or too less influence of the variable can have detrimental effects on team innovation.

Design/methodology/approach – The paper uses survey research. The data were collected by distributing questionnaires to work teams. After the individual-level data were aggregated into team-level data, hierarchical linier regression was conducted to test the hypotheses.

Findings–The paper provides empirical findings that (1) intra-team trust and team innovation have a curvilinear relationship pattern, (2) task complexity does not influence curvilinear relationship (3) and the increase in task complexity improves the possibility of team innovation to occur.

Research limitations/implications–The paper has two limitations. First, as intra-team trust was also represented by aggregated perception of team members’ trust for outside parties (not only members’

perception for their teams), the future research is expected to include the representation in the instrument. Second, recent research studies have shown that contextual factor of task interdependence, instead of task complexity, also had an effect on the relationship pattern between intra-team trust and team performance (i.e. team innovation). Therefore, for future researchers, it is suggested that the use of task interdependence would be an alternative moderating variable on the relationship between intra- team trust and team innovation.

Practical implications–The paper discusses the strategy to enhance team innovation by revealing strategies to manage interplay among intra-team trust, team complexity and the desired team innovation.

Originality/value–The paper identifies the need to conduct empirical research on how an interplay among intra-team trust, task complexity and team innovation could be enabled.

Keywords Trust, Innovation, Organizational behaviour, Teams and teamwork Paper typeResearch paper

Introduction

Innovation has a significant role for teams in organization. Through innovation, teams have a greater chance to survive better when dealing with changing environment by adapting and implementing their innovative solutions (Van de Ven, 1986;O’Reilly and Tushman, 1997;

Drach-Zahavy and Somech, 2001). In line with the argument,Haverman (1992)asserts that there is a positive relationship between team innovation and organizational survival in an organizational ecological system. Coping with uncertainty is common situations when teams innovate (Rogers, 1983). Further O’Reilly and Tushman (1997) and Drach-Zahavy and Somech (2001)argue that intra-team trust would play an important role when teams are dealing with uncertainty (as teams innovate).

Hidajat Hendarsjah is based at the Faculty of Economics and Business, Universitas Sebelas Maret, Surakarta, Indonesia.

Ely Susanto is based at the Department of Public Policy and Management, Faculty of Social and Political Sciences, Universitas Gadjah Mada, Yogyakarta, Indonesia.

Bambang Riyanto Lies Sugiantoc and

Tarsisius Hani Handokod are both based at the Faculty of Economics and Business, Universitas Gadjah Mada, Yogyakarta, Indonesia.

Received 28 December 2016 Revised 16 July 2017 7 January 2018

Accepted 16 January 2018

PAGE 472

Document details