The Analysis of Influence of Job Stressor upon Performance and Turnover Intention of Broker-Dealer of Equity Securities in Surabaya

DOI

10.2991/icoi-17.2017.9How to use a DOI?

Keywords

Role ambiguity, role conflict, role overload, performance, and turnover intention.

Abstract

The long-term goal of this research is to make the Indonesian capital market equals/parallel to other capital markets in the Asia Pacific region. The research is conducted in securities companies which are Members of Indonesia Stock Exchange located in Surabaya City, East Java Province. The number of domestic investors in the capital market in Indonesia is still very limited, reaching only about 400 thousand people, or less than 0.1 % of the number of Indonesia's middle class who already have securities accounts as an active sign of becoming a financier in the stock exchange (Afifuddin, 2011). This situation is a problem that needs to get serious attention from the government to enliven the Indonesian capital market, so the dream of making the Indonesian capital market parallel to the capital markets in the Asia Pacific region can be realized. The number of domestic investors needs to be increased so that ownership of equity securities is not only dominated by foreign investors. Such condition of the Indonesian capital market is inseparable from the role and performance of Broker-Dealer of Equity Securities (PPEE), so this is a problem that needs to be studied. The research variables consist of independent variables consisting of role ambiguity, role conflict, and role overload variables, as well as dependent variables consisting of performance variables and turnover intention. Sampling is done by purposive sampling method, while statistical data analysis is done by using Structural Equation Modeling Method. The result of this research is the result of hypothesis testing as follows: 1). There is no significant influence between role ambiguity and PPEE performance in Surabaya, 2). There is no significant influence between role conflict and PPEE performance in Surabaya, 3). There is a significant influence between role overload and PPEE performance in Surabaya, 4). There is no significant influence between role ambiguity and PPEE turnover intention in Surabaya, 5). There is no significant influence between role conflict and PPEE turnover intention in Surabaya, 6). There is a significant influence between role overload and PPEE turnover intention in Surabaya, and 7). There is a significant negative effect between performance and PPEE turnover intention in Surabaya.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Bambang Hadi Santoso Dwidjosumarno
PY  - 2017/07
DA  - 2017/07
TI  - The Analysis of Influence of Job Stressor upon Performance and Turnover Intention of Broker-Dealer of Equity Securities in Surabaya
BT  - Proceedings of the 2017 International Conference on Organizational Innovation (ICOI 2017)
PB  - Atlantis Press
SP  - 45
EP  - 55
SN  - 1951-6851
UR  - https://doi.org/10.2991/icoi-17.2017.9
DO  - 10.2991/icoi-17.2017.9
ID  - Dwidjosumarno2017/07
ER  -