• 제목/요약/키워드: Financial Motivation

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Effect of Motivation, Leadership, and Organizational Culture on Satisfaction and Employee Performance

  • PAAIS, Maartje;PATTIRUHU, Jozef R.
    • The Journal of Asian Finance, Economics and Business
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    • 제7권8호
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    • pp.577-588
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    • 2020
  • The study investigates by empirical methods the effect of motivation, leadership, and organizational culture on job satisfaction, and employee performance at Wahana Resources Ltd North Seram District, Central Maluku Regency, Indonesia. This examination intends to be a critical review for academics researching the field of human resources management (HRM). The study's sample consisted of 155 employees who were selected using the Proportionate Stratified Random Sampling method. At the same time, data were collected using a questionnaire and then analyzed using the Structural Equation Modeling on Amos. The results of data analysis showed that work motivation and organizational culture had a positive and significant effect on performance, but did not significantly influence employee job satisfaction. While leadership has a substantial impact on employee job satisfaction, it does not affect performance. The results of testing the coefficient of determination show that job satisfaction is influenced for 57.4% by motivation, leadership, and culture variables, while employee performance variables are influenced for 73.5% by motivation, leadership, culture, and job satisfaction variables. Other factors outside this study influence the rest. Motivation, leadership, and organizational culture of employees need to be improved to increase job satisfaction. Invariably, if employee job satisfaction increases, employee performance will also increase.

Factors Associated with Middle Managers' Work Motivation: Evidence from SMEs in Vietnam

  • NGUYEN, Huong Thanh;NGUYEN, Nguyen Danh;TRAN, Binh Van
    • The Journal of Asian Finance, Economics and Business
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    • 제7권11호
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    • pp.1009-1019
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    • 2020
  • This study presents an exploratory investigation of SMEs in Vietnam to understand the impact of personal-level factors on middle managers' work motivation and the moderating role of work environment. A survey of 450 middle managers (MMs) in 150 Hanoi's SMEs was conducted. The findings of this research showed a significant positive impact of Achievement (ACHV), Recognition (RECOG), and Responsibility (RESP) on work motivation of MMs under the investigation. Furthermore, the result indicated that the work environment affects the relationship between personal-level factors and work motivation of participants. Consequently, both work environment improvement and strategies related to personal-level factors need to be taken into consideration. Especially, Recognition and transparency in Responsibility are appreciated in organizations with a low level of work environment satisfaction. However, there were no indications that Participation (PAR) and Communication (CMM) have a considerable impact on work motivation of respondents, being neither low level nor high level of work environment satisfaction. Based on the findings, recommendations are suggested for Vietnam's SMEs to improve work motivation of MMs, by (i) developing standards with emphasis on their achievement, (ii) paying attention to organizational culture focusing on the responsibility of this managerial level, and (iii) building an adequate incentive system, especially non-financial incentives.

What Determines Interest in Becoming a Student of Professional Accounting?

  • YADNYANA, I Ketut;DEWI, Ni Luh Putu Trisna
    • The Journal of Asian Finance, Economics and Business
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    • 제7권10호
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    • pp.1119-1127
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    • 2020
  • This study aims to identify the determinants of student interest in pursuing Accounting Professional Education (Indonesia: PPAk) in Province of Bali. The determinants which the author has used are: independent variables are social motivation, career motivation, quality motivation, and duration of education. The sample in this study comprises of 75 respondents who are students of Accounting discipline at the Faculty of Economics and Business at universities in the Province of Bali. Data was collected using a questionnaire and have been processed using multiple regression analysis. The results show that social motivation, career motivation, and quality motivation have a positive effect on students' interest in studying Accounting Professional Education. On the other hand, the duration of the accounting course has a negative effect on students' interest in studying this program. The importance of role of a professional accountant in realizing transparency in public life, and an economy that is free from financial deceit and fraud makes the role of professional accounting institutions very important. However, graduates' who desire to continue their studies in the PPAk program tends to be low. The findings of this research are expected to become the basis for policy makers in formulating rules related to the development of the accounting profession in the society, especially in Indonesia.

Key motivating factors affecting skilled workers' productivity in Construction projects

  • Enshassi, Adnan;Mahdi, Mahdi
    • 국제학술발표논문집
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    • The 6th International Conference on Construction Engineering and Project Management
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    • pp.142-146
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    • 2015
  • Human resources development is considered a critical issue for improving productivity of workers in construction industry. The aim of this study is to identify and rank the key motivating factors that impact skilled workers productivity according to their relative importance. A total of 27 factors were identified through a literature review, which were categorized into 2 group financial and un-financial motivators. A questionnaire instrument was adopted in this study. The study revealed that the most significant group which affected skilled workers' productivity in construction projects was financial group with the recognition of the un-financial group importance. The results emphasized that the financial group has an edge over the un-financial group which reflect the priority of need for the respondents. The results indicated that the un-financial group represents a backbone in its importance after the financial group which reflects that un-financial factors can improve productivity. The findings showed that the provision of companies to safety conditions factor such as protective safety clothing and protective equipment was ranked very low by the respondents. This is due to the dominant culture of the workers as well as the lack of their awareness regarding their own safety and lack of companies' interest in safety and health for workers. Construction companies are advised to take the key motivating factors obtained from the results of this study into serious consideration in order to improve the satisfaction of their workers and improve their productivity.

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관광옴니채널상의 관광정보탐색 동기가 만족도에 미치는 영향관계 분석 -관광경험과 위험지각의 조절효과를 고려하여- (Analysis of Relationship between Tourism Information Search Motivation, Tourism Omni-Channel Satisfaction: Considering the Moderator Effects of Tourism Experience and Perceived Risk)

  • 박현지;박중환;오암석;김영하;박봉규
    • 디지털융복합연구
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    • 제14권10호
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    • pp.147-158
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    • 2016
  • 본 연구는 옴니채널에서의 관광정보탐색과 만족도간의 관계와 관광경험과 위험지각간의 조절 영향관계를 규명하고자 하였다. 첫째, 관광정보탐색동기의 편리성과 신뢰성은 모두 만족도에 유의한 영향관계가 있는 것으로 나타났다. 둘째, 관광정보탐색동기인 편리성과 신뢰성이 만족도와의 관계에서 관광경험의 조절효과는 유의적이 않은 것으로 나타났다. 셋째, 관광정보탐색동기인 편리성과 신뢰성이 만족도와의 관계에서 위험지각의 조절효과는 재무위험의 경우 유의적인 것으로 나타났고, 심리위험은 유의적이지 않은 것으로 나타났다. 재무적인 위험의 지각은 만족을 저해한다는 점에서 재무위험을 줄이기 위해 이용하기전 보다 많은 탐색을 통해 정보를 얻으려는 경향이 강하므로, 좀 더 실용적이고 정확한 형태로 정보가 제공되어야 할 것이다.

CEO특성, 경영통제가 재무성과에 미치는 영향 (The Effect of CEO'S Characteristics, Management Control on Organization Performance)

  • 정재진
    • 한국콘텐츠학회논문지
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    • 제14권5호
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    • pp.364-372
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    • 2014
  • 조직의 성과를 향상시키기 위해 최고경영자의 특성에 맞는 경영통제시스템의 구축이 필요하다. 상황이론에서 경영통제시스템은 다양한 상황변수와의 유기적인 연계를 통해 성과향상을 꾀할 수 있다고 본다. 이에 본 연구는 CEO의 특성변수인 위험감수성향과 성취동기가 행동통제와 결과통제간의 유기적 연결을 통해 재무성과에 미치는 영향에 대해 실증분석을 통해 검증하였다. 본 연구의 결과 위험감수 성향이나 성취동기가 높은 CEO들은 조직구성원들의 구체적인 행동을 통제하므로 써 기업의 재무성과에 더 유의적인 영향을 미친다고 파악되었다. 결과통제는 구성원들의 자율성과 관련된 통제기법으로 기업의 재무적 성과에는 유의적인 영향을 미치지 않는 것으로 나타났다. CEO의 높은 성취동기는 행동통제를 통해 간접적으로 재무성과에 유의적인 영향을 미치는 것으로 나타났다.

A Study on the Impact of Local Entrepreneurship Education on the Entrepreneurial Motivation, Entrepreneurial Competencies, and Entrepreneurial Spirit of Education Participants

  • Won-Hee Lee
    • 한국컴퓨터정보학회논문지
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    • 제28권11호
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    • pp.201-208
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    • 2023
  • 본 연구는 부산지역 청년 창업교육의 활성화와 예비 청년 로컬창업자의 맞춤형 창업역량개발을 위해 부산지역 대학생과 예비창업자들을 대상으로 한 현장 실무중심 로컬창업교육이 교육참여자들의 창업동기와 창업역량, 기업가정신에 어떤 영향을 미치는지 살펴보고자 하는 실증연구이다. 본 연구에서는 창업동기의 구성요인을 경제적동기와 자아실현동기로 구분하였으며 창업역량은 로컬창업에 필요한 실무역량, 로컬 브랜드개발역량, 재무분석역량으로 구분하였다. 실증분석을 위해 2023년 3월~10월까지 창업교육 참여한 139명으로부터 설문을 받아 실증분석을 진행하였다. 연구결과 로컬창업교육은 교육참여자들의 창업동기, 창업역량, 기업가정신에 유의한 영향을 미치는 것으로 분석되었으며, 기업가정신 또한 창업동기와 창업역량에 유의한 영향을 미치는 것으로 나타났다. 연구결과를 통해 지역 예비창업자들을 위한 지역 특성에 맞는 창업교육이 필요하다는 실무적 시사점을 제시하였다.

Definition of Success According to Women Entrepreneur in Malang, Indonesia

  • PRAJAWATI, Maretha Ika;WAHJOEDI, Wahjoedi;WAHYONO, Hari;SUNARYANTO, Sunaryanto
    • The Journal of Asian Finance, Economics and Business
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    • 제7권9호
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    • pp.747-753
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    • 2020
  • This study aims to interpret the meaning of a successful entrepreneur from the perspective of women entrepreneurs in Malang, Indonesia. This research offers a phenomenological approach using purposive sampling. Data was collected by in-depth interviews using structured questionnaire with registered women entrepreneurs in Malang obtained from MSMEs (micro small and medium-sized enterprises) entrepreneurs. The 'continually developing' is one of the meanings of a successful entrepreneur. This study also found that success is when what women do can be useful to others. Besides, the meaning of success has two criteria, i.e., when they can meet their needs (individual satisfaction) and social performance as a goal to be achieved by entrepreneurs. The motivation of women entrepreneurs to establish their venture was not only financial returns, but also personal satisfaction, which was also the indicator of entrepreneurial success for women. This study has several limitations. First, our sample size is too small and consists of entrepreneurs that have an average age above 40 years. Hopefully, further research will be able to generalize our findings to a broader sample in various industries outside the city of Malang. As our research shows, the criteria and meaning of success may be different for a larger sample of entrepreneurs.

가계투자활동의 인과적 모형 분석 (A Causal Model on Household Investment Behavior)

  • 정은주
    • 대한가정학회지
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    • 제30권1호
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    • pp.219-235
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    • 1992
  • This study attempted to examine a theoretical framework which synthesizes risk attitude, type of investment management and investment behavior and to provide the specific investment strategy by analysing several variables which have effect upon the investment behavior. The results of this research were as follow : 1. Risk attitude had significant differences by the variabels such as age, sex, education, income and debt/asset ratio. Also the type of investment management was influenced significantly by the variables such as age, education, occupation, income, total asset, debt/asset ratio, achievement motivation and risk attitude. The ratio of risky asset holdings was affected by the variabels such as age, education, occupation, housing ownership, income, total asset, debt/asset ratio, achievement motivation, risk attitude and type of investment management. 2. Among several variables affecting the ratio of risky asset holding risk attitude, education, type of investment management, debt/asset ratio and achievement motivation had direct effect on it. Besides age had indirect effect through risk attitude and age, achievement motivation and risk attitude had indirect effect through the type of investment management. 3. The results of this study showed that causal relation between input, throughput and output can be applied to household's investment behavior and the concept of risk or risk attitude can be applied to other fields except household's investment. Also it could be attributed to provide the investment strategy for improving level of household's financial well-being.

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Financial Sustainability of Nonprofit Organizations: Determinants of Fundraising Campaigns on Donation Intention

  • PARK, Hayoung;CHO, Yooncheong
    • 산경연구논집
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    • 제11권3호
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    • pp.19-28
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    • 2020
  • Purpose: As nonprofit organizations have made strides in international development, ensuring financial resources has become pivotal to determine what nonprofits strive for and how they perform with the budget generated without efforts for profit-making. The purpose of this research aims to investigate the determinants of donation intention that are affected by television fundraising campaigns in order to improve financial sustainability. This study applied the effects of emotional sympathy, economic value, accountability, relevance, and sustainability on donation intention. Research design, data, and methodology: This study collected data via an online survey by classifying respondents based on donation experiences and applied statistical analyses such as factor analysis, regression, and ANOVA. This study selected television fundraising campaigns aligned with criteria of the Sustainable Development Goals (SDGs). Results: The results of this study showed that emotional sympathy was a dominant variable regardless of previous donation experiences, while economic value was significant for inexperienced donors. Conclusions: The results provide implications to nonprofit organizations for fundraising as to what aspects need to be addressed in order to draw donors' motivation for giving behavior. Given efforts for successful implementation of development agenda, it is fundamental to establish financial sustainability of nonprofit organizations and build up public awareness.