Junior Scientific Researcher

13-22

Authors: Robert-Adrian CANDOI-SAVU

The aim of this paper is to explore weather risk management by application of weather derivatives in agriculture and rate the hedging performance. Meteorological elements highly affect the agriculture sector by influencing the yield of many crops. Weather indices depending on temperature, rainfall and wind speed. The price of hedging is determined by using the Burn analysis applied to the index modeling method. By appliying the weather derivatives in weather risk management we can reduced the yield volatility in agriculture. As the study of Štulec (2017) showed, weather has had a growing impact on the global economy evolution in the last decades, approximately 80% of the world economy is directly or indirectly influenced to the weather. Leggio (2007) states that companies use weather derivatives to stimulate sales and diversify investment portfolios. Contracts with meteorological derivatives make profit depending on the weather (Alexandridis and Zapranis, 2013a). The assets of these contracts are represented by weather indices because the weather is not a physical asset that can be traded.

10-24

Authors: Gusnardi; Suarman; Rina Selva Johan; Iskandar Muda;

The purpose of this study was to determine synchronization of emotional intelligence measured by self-knowledge, self-control, motivation, empathy and social skill and its effect on the difference of understanding on accounting of students of economic accounting education of FKIP and students of accounting department of the Faculty of Economy of the University of Riau. This is an explorative study by descriptive method performed on students of economic accounting education of FKIP and students of accounting department of the Faculty of Economy of University of Riau. This study used 80 samples from students of economic accounting education of FKIP and students of accounting department of the Faculty of Economy of University of Riau. 1) Based on the research result and discussion, it’s concluded that; 1) the understanding on accounting of students of economic accounting education wasn’t different from the understanding of the students of the Faculty of Economy, which was shown by the value of Wilcoxon test with sig (0,851 > 0,05). The analysis result showed a relation between the students of economic education and the students of the accounting department in understanding accounting with sig (0,034) < 0,05. 2) simultaneously, emotional intelligence didn’t affect the understanding of accounting of the students of the economic accounting education department and the students of the faculty of economy. Partially, of five components of emotional intelligence, only social skill affected the understanding of accounting in the accounting students of the faculty of economy of University of Riau.

33-48

Authors: Muhammad Azmi; Agustina Hanafi; Mohamad Adam;

This study aims to examine the mediating impact of job satisfaction on the effect of worklife balance and work passion on turnover intention. The data collection technique used a census of 67 respondents who were divided into Badan Layanan Umum (BLU) and contract employees at one of the University Faculties in South Sumatra, Indonesia. Data analysis used the Structural Equation Modeling (SEM-PLS) method with SmartPLS 3 software. The novelty of this study combines the four variables of work-life balance, work passion, job satisfaction, and turnover intention in one research variable. The results of this study indicate that the variables work-life balance and work passion have a positive and significant direct effect on job satisfaction. Work life balance and work passion have a direct and significant positive impact on turnover intention; job satisfaction can significantly mediate the effect between work-life balance and work passion for turnover intention. This research study contributes to the relationship between variables, especially the relationship between work passion and turnover intention, which is still very few research found in the last ten years.

13-22

Authors: Febriyeni Febriyeni; Zakaria Wahab; Muchsin Saggaf Shihab

This empirical study aimed to find out the brand positioning and integrated marketing communication through the brand equity to the choice decision making of the students of Tourism Polytechnic of Palembang-Indonesia. The study was conducted in the Tourism Polytechnic of Palembang. The primary data were collected through the questionnaire that was composed of 34 statements, randomly distributed to respondents via Google form. The data analysis techniques used the SPSS software and the Amos program and SEM was used to determine the variables and suitability of the proposed model. The result of this study showed that there was a significant and positive influence of the brand positioning and integrated marketing communication on the choice making of the students of Tourism Polytechnic of Palembang (Indonesia). The result also showed that there was a significantly positive influence of the brand positioning and integrated marketing communication on the brand equity.

34-44

Authors: Vanesha Rahmania, Sulastri, Zakaria Wahab

The present empirical study aims to determine the effects of green products and green advertising on purchasing decision with buying interest as a mediating variable. The sample of the study sonsist of 10 It is a case study investigating the Body Shop’s consumers that also have an account the Instagram social media platfrom.The respondents were chosen using non-probability sampling. The primary data were collected using a questionnaire containing 31 statements in google form format and the data were analyzed using Structural Equation Modeling (SEM). Smart PLS software was used test the variables and the results show a substantial positive effect of green products and green advertising toward purchase decisions for the Body Shop users on Instagram. The study also reveal a significant positive effect of green products and green advertising toward buying interest.

2-14

Authors: Alexandru - Ilie Buzatu

act The global economy is highly impacted by the new business models, based on a digital framework, combined with the country of origin, will increase the chance for global development. This will bring important changes to how companies will develop strategies for sustainability and competitive advantage in this global market. Innovative-driven companies, especially from countries in the development stage, are looking continuously for high performance, efficient processes, and cost-reduction through the use of digital tools. They consider IT solutions as a business partner, the central piece of the business, and through that, they will gain speed, efficiency, and agility to gain competitive advantage. These companies don't see the competition on price or even quality; they research for innovative products or services, and use the most advanced methods or tools for sustainable development. For international expansion, companies need to take into consideration the place where they are incubated. Sometimes, general perception puts a barrier for these companies when entering developed markets, product evaluation and success is also based on its country of origin(COO). Because of the country's brand image, the internal business ecosystem must minimize these perceptions that generally are erroneous. To improve them companies, and countries must adopt a strategy for building a trustworthiness image. This research is to determine the current state of the entrepreneurial ecosystem, and collaboration with the local government to boost global recognition and increase the power of internationalization.

25-33

Authors: Cristiana Păvăluc (căs. Melinte)

In the desire to survive and thrive, in its "battle with the environment," today's world has been under continuous and deep change. Technological revolutions are taking place, priorities are changing, and old ideas have been abandoned. All these occur against a background of natural disasters, among which is the environmental crisis. It is a well-known fact that the most costefficient way to protect the environment is to prevent pollution and take preventive measures at the initial stage. Tourism is one of the factors that negatively affect the environment since activities such as inappropriate waste disposal, excessive consumption of natural resources, and destruction of biodiversity have a direct impact on nature. The aim of this study is to identify the attitudes of tourists towards environmental issues, reflected in their behaviour towards the environment. In this respect, we designed a questionnaire containing several questions on how tourists perceive the degree of environmental pollution by tourist activities. The questionnaire was applied to a sample of 30 respondents who have been involved in tourist activities in the last 6 months. The main results indicate that tourist activities are responsible for the depletion of natural resources and the growth of waste. Also, respondents believe that school and society should be more involved in educating tourists in what regards the reduction of environmental degradation.

41-47

Authors: Alistraja Dison Silalahi, Iskandar Muda

This research aims to determine the effect of financial information on the investment decisions of individual investors in Indonesia stock exchange Medan, Indonesia. To achieve the objective of the research, the quantitative research method was applied. Then, 44 investors of the Indonesia Stock Exchange Medan were selected as sample of the research. Based on the results, it is found that the correlation between the variable of financial Information (X) and the variable of investment decision (Y) obtains Y = 2.572 + 1.386 X, which means that if financial information is reached by one unit, the investment decision will be higher by 1.386 or 138.6%. The results of hypothesis stated that Ha is accepted which means that there is a significant effect between financial information (X) on investment decisions (Y) of individual investors.

58-63

Authors: Zanet Maria

The issue of employment has been widely debated in the literature. From classics to contemporaries, each one of them has brought their input and identified the problems that the workforce faces. This article deals with the conflict within employment and the causality between it and economic growth, bringing a different perspective on this matter.

72-81

Authors: Caraman Cristian

The trade dynamics of the Republic of Moldova represents a topic of great interest within the current global and regional frameworks. The main purpose of the paper is to observe the Moldovan foreign trade in order to determine what major changes have taken place in the last two decades and whether they have caused any switch of directions or structures of the economy. For this, I have used the method of scientific observation and analyzed the trade balance, imports and exports. An important aspect was to identify the main trading partners and the goods that are mainly imported and exported. As a result, a brief overview of the Moldovan trade was obtained, which seems to have undergone some changes following a better trade openness, but also due to the evolution of the economic and political relations with the European Union and the Russian Federation. The poor production diversification could become an impediment for Moldova’s economic growth, but the implementation of strategic reforms in the field of justice or finance can create new opportunities in the future.

92-101

Authors: Anak Agung Ngurah Gede Sadiartha

Decisions to buy are activities or actions taken to exchange goods or provide services using a legitimate transaction tool. This article shows which are the most important factors a client takes into account when buying Honda brand Parts, based on a quantitate study in Indonesia. The sample consists of 98 respondents, and the results show that personal sales give a positive and significant value to the purchase decision, t-count = 4041 and t-table = 1.661. Other factors that have a positive impact are the brand image that gives a positive and significant value to the purchase decision; t-test 5830 and t-table = 1.661 and mouth word with t-count = 4.148 and ttable 1.661. The study also proves that the assessment of Personal Sales, brand image and mouth words simultaneously impact the purchase decision of Honda brand Parts.

107-118

Authors: M. Safii Murad Daulay, Prihatin Lumban Raja, Parapat Gultom

A high or low commitment of an employee becomes an essential aspect for an organization. If every employee has a strong commitment, the staff will provide the best performance for the company and the best service to the community. Human resources commitment represents one of the keys factors that determine the success of an organization and supports the management to achieve its goals. It was proved in several studies that job satisfaction is positively associated with engagement, so employee job satisfaction influences work commitments. In this context, achievement motivation represents the need of each individual to do better than others and to achieve higher results. This study aims to identify the relationship between three main indicators that give a complex overview of the staff implication in a public institution: job satisfaction, achievement motivation towards employee work commitment and moderating leadership. The study took place at the University of North Sumatra, Indonesia, in 2019. Using a sample of 91 respondents divided into 15 work units, the results of the study proved that job satisfaction has a significant effect on employee working commitments (with p-value ¬0.00 <0.05) and achievement motivation (with X2 p-value 0.002 <0.05). Also, job satisfaction has a significant effect on employee's commitment (with a p-value ¬0.00 <0.05), achievement motivation on employee's commitment (with a value of X2 p-value 0,000 <0.05) and Leadership has a significant effect on employee commitment employee (with a p-value ¬0.00 <0.05). This research suggests that companies should pay more attention to job satisfaction, achievement motivation and leadership so that employees to have a higher commitment to work, starting from the example of the University of North Sumatra.