• Title/Summary/Keyword: COVID-Pandemic

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The Effect of Covid-19 Pandemic on the Adoption of Internet Banking in Indonesia: Islamic Bank and Conventional Bank

  • SUDARSONO, Heri;NUGROHOWATI, Rindang Nuri Isnaini;TUMEWANG, Yunice Karina
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.789-800
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    • 2020
  • This study aims to examine the effect of perceived usefulness (PU), perceived ease of use (PEU), trust (TR), subjective norm (SN), and attitude (AT) on customer's Intention to Adopt Internet Banking (IAIB) at Islamic banks and conventional banks before and during the Covid-19 pandemic in Indonesia. The research model is based on the Theory of Planned Behavior (TPB) and the Technology Acceptance Model (TAM). This study involves 213 respondents for Islamic banks and 410 respondents for conventional banks from 25 provinces in Indonesia. Data was analyzed using partial least square (PLS) regression with the Structural Equation Model (SEM) method. The result of data analysis confirms several hypotheses taken from the literature. The results before the Covid-19 pandemic showed that AT and SN influence IAIB in Islamic banks. Whereas in conventional banks, AT, PU, SN, and TR influence IAIB. While during the Covid-19 pandemic, it shows that the AT, PU, IB, SN, and customer TR influence IAIB in Islamic banks and conventional banks. From the analysis, it was found that the PEU variable did not have a significant effect on the intention of customers of Islamic banks and conventional banks to use Internet banking.

The Effect of Digitalization and Virtual Leadership on Organizational Innovation During the COVID-19 Pandemic Crisis: A Case Study in Indonesia

  • HUTAJULU, Richard Surungan;SUSITA, Dewi;ELIYANA, Anis
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.10
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    • pp.57-64
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    • 2021
  • In the last decade, the effect of digitalization was the most cited issue in economic discourse, especially since technological advances, automation, and artificial intelligence are the key to the future discussions. Unemployment is one of the most important and continuous debates, especially in times of crisis due to the COVID-19 pandemic. Therefore, this study aims to analyze the influence of leadership style in innovation organizations to deal with the crisis. In this study, a non-probability purposive sampling method was used. A total of 377 respondents were from LinkedIn social media in Indonesia, with the criteria of employees who have worked for at least 6 years. The structural equation model was analyzed with Amos 25.0. The results show that virtual, servant, and transformational leadership influence employee creativity. Moreover, employee creativity strongly influences organizational innovation; therefore, a new model was found to meet the challenges during the COVID-19 pandemic crisis, which is leadership. Therefore, these results are useful for managers to overcome challenges during the COVID-19 pandemic crisis to manage employee creativity for a better innovative organization and make science a reference for finding solutions to the global wave of unemployment in the revolution 5.0 era.

The Role of Business Capabilities in Supporting Organization Agility and Performance During the COVID-19 Pandemic: An Empirical Study in Indonesia

  • WANASIDA, Albert Surya;BERNARTO, Innocentius;SUDIBJO, Niko;PURWANTO, Agus
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.897-911
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    • 2021
  • This study aims to analyze the important role of business analytics capability, information quality, and innovation capability in influencing organization agility and organization performance during the Covid-19 pandemic. Data was collected from 76 companies from various sectors in Indonesia. Structural Equation Model-Partial Least Square (SEM-PLS) analysis was conducted to analyze the relationship between variables and test a series of hypotheses. Importance-Performance Matrix Analysis (IPMA), a useful analysis approach in PLS-SEM, is used, which extends the results of the estimated path coefficient (importance) by adding a dimension that considers the average values of the latent variable scores (performance). The IPMA approach examines not only the performance of an item but also the importance of that item. The results show that business analytics capability has a significant effect on information quality and innovation capability which then affects organization agility. Organizational performance is influenced by organizational agility. IPMA results show that organizational agility has the highest level of impact on organizational performance. This study will assist companies in planning business analytics, improving information quality, increasing innovation capability, and ultimately increasing agility and performance during the Covid-19 pandemic. This study will add to existing knowledge about previous literature, especially in the Covid-19 pandemic situation.

The Contagion Effect from U.S. Stock Market to the Vietnamese and the Philippine Stock Markets: The Evidence of DCC - GARCH Model

  • LE, Thao Phan Thi Dieu;TRAN, Hieu Luong Minh
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.759-770
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    • 2021
  • Using a DCC - GARCH model analysis, this paper examines the existence of financial contagion from the U.S. stock market to the Vietnamese and the Philippine stock markets during the global financial crisis and the COVID-19 pandemic crisis. We use daily data from the S&P 500 (U.S.), VN-Index (Vietnam), and the PSEi (the Philippines). As a result, there is no evidence of contagion from the U.S stock market to the Philippine stock market that can be found during global financial crisis, while the Vietnamese market is influenced by this effect. Besides, both these developing stock markets (the Vietnamese and Philippine stock markets) are influenced by the contagion effect in COVID-19 pandemic crisis. Another finding is that the contagion effect during the coronavirus pandemic crisis in Vietnam is smaller than that during the global financial crisis, however, the opposite is the case for the Philippines. It is noticed that the Philippines seems to be more affected by the contagion effect from the COVID-19 pandemic than Vietnam at the time of this study. Because financial contagion is important for monetary policy, asset pricing, risk measurement, and portfolio allocation, the findings in this paper may give some useful information for policymakers and investors.

A Study on Healing Community Space Applied Prospect and Refuge Theory - Architectural Suggestions for Psychological Healing amid the COVID-19 Pandemic Era - (전망과 은신처 이론을 적용한 치유적 커뮤니티 공간 연구 - 코로나 팬데믹 시대의 심리치유를 위한 건축적 방안 -)

  • Kim, Soonwung;Cho, Sunhee
    • Journal of the Korean Institute of Rural Architecture
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    • v.23 no.1
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    • pp.19-26
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    • 2021
  • We have lived in a highly dense environment since the rapid urbanization of the industrial age. The COVID-19 pandemic has increased the need for individual spaces for telecommuting or non-face-to-face classes in residential spaces. In metropolitan cities in Korea, where there are many housing types for one-person, the sense of social isolation is increasing more than ever due to COVID-19. This study explored problems in residential spaces and the solutions to relieve the sense of social isolation in this pandemic era. The development process of the courtyard housing in France was examined as an example. Based on the case study, the meaning of threshold of contemporary architecture was reinterpreted, and the characteristics of the healing community space in this pandemic era were proposed by applying prospect and refuge theory.

The Effects of Perceived Risks on Food Purchase Intention: The Case Study of Online Shopping Channels during Covid-19 Pandemic in Vietnam

  • NGUYEN, Cuong;TRAN, Doan;NGUYEN, Anh;NGUYEN, Nhan
    • Journal of Distribution Science
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    • v.19 no.9
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    • pp.19-27
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    • 2021
  • Purpose: Purchasing food via online shopping channels is booming during Covid-19 Pandemic in Vietnam. However, the perceived risks of food bought via online shopping channels may discourage consumers. Hence, this study assesses the effects of perceived risks on food purchase intention via online shopping channels in Vietnam. Research design, data and methodology: This study applied the multiple regression analysis with 253 samples collected from consumers who frequently purchase food via online shopping channels in Vietnam. The questionnaire is provided to respondents via Google Form. The sample collection method is convenience sampling. Three hundred samples were collected, but 253 samples are used after filtering the responses with missing data. The Exploratory Factor Analysis (EFA) and regression analysis are used for data analysis on SPSS software version 20. Results: The results show that product risk, security risk, time risk, and fraud risk of the seller negatively affect the intention to buy food via online shopping channels in Vietnam. Conclusions: The study provides several implications and recommendations for food companies and online food sellers. Reducing customers' perceived risks online food makes customers more willing to buy food online during Covid-19 Pandemic. Limitations and suggestions for further research are also discussed.

Job Commitment in FDI Manufacturing Enterprises During the COVID-19 Pandemic: Empirical Evidence from Vietnam

  • LE, Quang Hieu;LE, Thi Thanh Thuy
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.4
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    • pp.163-172
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    • 2022
  • The purpose of the study is to determine the impact of several factors on employees' job commitment in ten FDI manufacturing businesses in Vietnam's Nghi Son Economic Zone during the COVID-19 Pandemic. The researchers used reliability tests, exploratory factor analysis, confirmatory factor analysis, and structural equation modeling to confirm the relationships between factors when analyzing the effect of variables on job commitment in FDI enterprises. Based on a poll of 481 respondents, the test findings showed that 07 parameters have positive effects on job satisfaction. Professional assurance, compensation, fringe benefits, supervisor, promotion, coworkers, and working conditions all have varying levels of impact. Job satisfaction, in particular, has a significant and positive impact on employees' commitment to their jobs. According to research findings, the COVID-19 pandemic has been and continues to be a unique burden for Vietnamese firms in general and FDI manufacturing enterprises in Nghi Son EZ in particular. As a result, businesses must have appropriate HRM strategies to incentivize employees to recover, stabilize, and develop in the new normal, ensuring employee loyalty to the company.

An Exploration of Adolescents' Daily Lives during the COVID-19 Pandemic: A Photovoice Study (포토보이스를 통해 살펴본 코로나 시대 청소년의 일상생활)

  • Kwon, Boram;Choi, Saeeun
    • Human Ecology Research
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    • v.60 no.2
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    • pp.211-230
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    • 2022
  • The purpose of this study is to understand the daily lives of adolescents during the COVID-19 pandemic and to provide educational implications for enhancing the competencies of adolescents living in rapidly-changing environments. To this end, the photovoice method, consisting of orientation, documentation, discussion, and analysis, was employed to study nine adolescent participants, who were interested in sharing aspects of their daily lives. The results yielded four themes and nine sub-themes. The first theme is "home life", which is composed of two sub-themes: most comfortable to be alone and EA (eating alone) for lunch. The second theme is "leisure life", which consists of two sub-themes: the virtual world of playing with friends and exercise is the only way out to breathe. The third theme is "school life", which consists of three sub-themes: time for inner exploration and reflection, cracks in daily life due to excessive autonomy, and pros and cons of virtual classes. The fourth theme is "the voice of adolescents", which consists of two sub-themes: requiring adults to set a golden example and anxious voices due to an uncertain future. This photovoice method of study is meaningful in that it explores the daily lives of adolescents during the COVID-19 pandemic and provides valuable educational implications.

The impact of grit, gratitude disposition and stress on psychological well-being among nursing students during the Covid-19 pandemic: a structural equation modeling (COVID-19 Pandemic 상황에서 간호대학생의 그릿, 감사성향, 스트레스가 심리적 안녕감에 미치는 영향에 대한 구조모형)

  • Choi, Heejung;Jeong, Harim
    • The Journal of Korean Academic Society of Nursing Education
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    • v.28 no.1
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    • pp.70-79
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    • 2022
  • Purpose: The purposes of this study were to develop and test a model for the effects of grit, gratitude disposition, and stress on the psychological well-being of nursing students during the Coronavirus-2019 pandemic. Methods: The data were collected from June 9 to June 27, 2021. A total of 286 nursing students responded to an online questionnaire. In the hypothesis's model, the exogenous variables were grit and gratitude disposition, and the endogenous variables were nursing students' stress and psychological well-being. Data were analyzed using the SPSS/WIN and AMOS programs. Results: The final model showed the following indices of goodness of fit: χ2=78.30, χ2/df=3.01, GFI=.95, CFI=.96, TLI=.94, SRMR=.05, and RMSEA=.08. Nursing students' psychological well-being was explained by their grit, gratitude disposition, and stress directly and indirectly, with these three variables explaining 56% of psychological well-being. Conclusion: This study identified factors affecting the psychological well-being of nursing students in a state of increased stress due to the COVID-19 pandemic. The results of this study can be a basis for developing and applying a program to enhance nursing students' psychological well-being.

The Start-up Risk and Entrepreneurial Intention of Business Administration University Student (창업리스크와 경영학과 대학생의 창업의지)

  • Kim, Youngrok
    • Journal of East Asia Management
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    • v.3 no.2
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    • pp.65-82
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    • 2022
  • The purpose of this study is to analyze the effects of start-up risks on university students's entrepreneurial intention. In particular, the start-up risk considers the recent ongoing Covid_19 Pandemic along with the level of awareness of the start-up risk of business administration university students. For this purpose, a total of 204 questionnaires collected for two months from October to November in 2020 were used to verify this relevance empirically through multiple regression analysis. The empirical analysis results are as follows. First, the level of students' awareness of start-up risks has no statistically significant relevance to their entrepreneurial intention, but the higher the level of negative perception of Covid_19 Pandemic, the lower the entrepreneurial intention. On the other hand, additional analysis showed that the students with low self-efficacy majoring in business administration, it was found that negative perceptions of start-up risk had a negative effect on start-up willingness. This study is timely and different from previous studies in that it empirically verified the effect of start-up risk on business administration university students' entrepreneurial intention at a time when negative perceptions of start-up risk increase and COVID_19 Pandemic make it increasingly difficult to start a business administration universit student.