Dinasti International Journal of Economics, Finance & Accounting
Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) from Volume 5 Number 6 of 2025 to Volume 10 Number 5 of 2030 Accredited Sinta Rank 3 according to Accreditation number: 295/C/C3/KPT/2026, February 3rd, 2026. Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) was published by the Institute to manage and publish scientific journals in Dinasti Publisher in 2020 under the auspices of Yayasan Dharma Indonesia Tercinta (DINASTI) and Universitas Winaya Mukti (UNWIM) Bandung. with e-ISSN: 2721-303X and p-ISSN: 2721-3021 published by the Institute for Managing and Journal Publishing Scientific in Dinasti Publisher. DIJEFA aims to be the center of researchers' publications on Economics, Finance and Accounting. It is published six times a year. Articles can be written in English. Please send articles to our OJS system.
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How Digital Content Influences Visit Intention Through the Psychological Evaluation Process of Potential Tourists
The purpose of this study is to examine the influence of firm-generated content (FGC) and user-generated content (UGC) on visit intention to Pahawang Island through psychological evaluation processes presented by destination image and perceived value. This study employed a numerical approach with a causal research design. Data were gathered through an online survey administered to 216 TikTok users who had been exposed to travel agent (FGC) and tourist content (UGC) about Pahawang Island, but had never visited the destination. The Partial Least Squares with Structural Equation Modeling (PLS-SEM) was applied, with assistance from SmartPLS software, to analyze data. The results demonstrate that FGC and UGC had a positive and significant effect on destination image and perceived value, while the direct influences of FGC and UGC on visit intention were insignificant. Conversely, destination image and perceived value are confirmed to have a significant effect on visit intention, and act as mediators. These findings suggest that digital content on TikTok influences visit intention through a psychological evaluation process, not through direct effects. These findings facilitate the advancement of a theory by expanding the S-O-R (Stimulus-Organism-Response) framework and provide practical implications for social media-based destination marketing on TikTok.
Copyright (c) 2026 Nurul Qurrotul Aini, Madziatul Churiyah, Titis Shinta Dhewi https://creativecommons.org/licenses/by/4.0
Interpreting the Dynamics of Trust and Control in Management Accounting within Collaborative Work Settings
The dynamics between trust and control mechanisms in management accounting are becoming a strategic issue in modern organizations that rely on cross-functional collaboration, especially in the manufacturing sector that demands intensive coordination and accuracy of information between units. Tension and alignment between trust and control have the potential to determine the effectiveness of collaboration, but empirical evidence in the Indonesian context is still limited. This study aims to analyze the influence of trust and management control systems on collaborative performance in a collaborative work environment, as well as examine the role of the interaction between the two in strengthening or weakening the effectiveness of cooperation. As a complement to the quantitative approach, this study applies a comparative case study to several manufacturing companies in West Java to capture the variation in trust and control practices in the dynamics of collaboration between divisions. Using a survey of 150 employees from various departments and companies, data was collected through a structured questionnaire and analyzed using multiple linear regression and interaction tests to identify direct relationships and moderation effects between variables. The results showed that trust had a strong positive influence on collaborative performance, while formal control mechanisms provided a more moderate but still significant positive influence. In addition, participatory designed controls have been shown to strengthen the relationship between trust and collaborative performance, confirming that the two mechanisms can function complementarily. These findings conclude that the integration of trust and control based on management accounting is an important prerequisite for the effectiveness of collaboration in the modern organizational environment, as well as making a theoretical contribution to the management accounting literature and practical implications for the design of control systems that support interdivisional coordination.
Copyright (c) 2026 Gilbert Rely, Marjono, I Made Sudana , Subur Harahap https://creativecommons.org/licenses/by/4.0
The Influence of Financial Ratios on Financial Distress in the Consumer Goods Sector (2020-2024)
Economic growth in recent years, accompanied by increasingly fierce business competition and the lingering impact of the COVID-19 pandemic, has increased the vulnerability of companies in the consumer goods sector to financial distress. This situation is often reflected in weakening profitability, constrained liquidity, and rising pressure from debt obligations, which makes it essential to understand the key factors that may contribute to a company's financial instability. This study investigates the extent to which firm size, profitability, liquidity, and debt policy influence financial distress among consumer goods companies listed on the Indonesia Stock Exchange during the 2020–2024 period. Using a quantitative approach with a causal-associative design, the research draws on data from 34 companies, generating a total of 170 observations selected through purposive sampling. The analysis employs multiple linear regression assisted by SPSS 25, supported by classical assumption testing, t-tests, F-tests, and the coefficient of determination to evaluate the relationships between variables. The findings reveal that profitability and liquidity significantly affect financial distress, suggesting that firms with stronger earnings performance and healthier liquidity positions are better equipped to withstand financial pressures. In contrast, firm size and debt policy do not exhibit a significant partial effect on financial distress, although the overall model indicates that all four variables jointly exert a meaningful influence. These results underscore the importance of maintaining solid profitability and liquidity as a buffer against financial distress, while also highlighting that firm size and debt levels must be managed carefully to mitigate potential financial risks.
Copyright (c) 2026 Dhila Mayzuroh, Sri Rahayu, Pitaloka Dharma Ayu https://creativecommons.org/licenses/by/4.0
Determinants of Profitability of Banking Companies Listed on the IDX for the 2020-2024 Period
This study examines the effect of Non-Performing Loans (NPL), Operating Expenses to Operating Income (BOPO), Loan to Deposit Ratio (LDR), and Firm Size on the profitability of banks listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. Secondary data were obtained from 42 banks selected through purposive sampling, resulting in 210 observations. Multiple linear regression analysis was conducted using SPSS version 25. The results show that NPL and BOPO have a significant negative effect on bank profitability, indicating that higher credit risk and operational inefficiency reduce profits. Conversely, LDR and Firm Size have a significant positive effect, suggesting that effective fund utilization and larger business scale contribute to higher profitability. Simultaneously, these four variables explain 51.4% of the variation in bank profitability. The findings highlight the importance of strengthening credit risk management and improving operational efficiency to support sustainable and stable financial performance, particularly amid the dynamic conditions of Indonesia’s banking industry.
Copyright (c) 2026 Sherli Putri Febriani, Eka Handriani, Sri Rahayu https://creativecommons.org/licenses/by/4.0
The Influence of Content Marketing, Influencer Marketing, and Live Streaming on Impulsive Behavior in Generation Z on TikTok Shop E-Commerce
This study aims to analyze the influence of Content Marketing, Influencer Marketing, and Live Streaming on the impulsive behavior of Generation Z in shopping for fashion products on the TikTok Shop platform. This study uses a quantitative approach with a survey method, namely by distributing questionnaires to respondents who belong to Generation Z and have made purchases on TikTok Shop. To take samples, the researcher used purposive sampling, while to analyze the data, multiple linear regression analysis was used with the help of SPSS software. The results show that separately, Influencer Marketing and Live Streaming have a positive and significant effect on impulsive behavior, while Content Marketing does not have a significant effect. In addition, Live Streaming is the main factor that influences buyers' impulsive behavior. Concurrently, the three variables, namely Content Marketing, Influencer Marketing, and Live Streaming, had a significant effect on the impulsive behavior of Generation Z. These findings indicate that digital marketing strategies, especially interactive Live Streaming and the use of trusted influencers, can increase consumers' impulsive purchasing decisions on social media-based e-commerce platforms.
Copyright (c) 2026 Diansyah, Syarah Rachmawati https://creativecommons.org/licenses/by/4.0
Green Innovation in MSMEs: Adaptive Strategies for Competitiveness and Sustainable Economic Growth
This study examines green innovation and adaptive strategies as strategic determinants of MSME competitiveness and sustainability in the context of sustainable economic development. It analyzes how green innovation contributes to sustainable economic growth and identifies key drivers and barriers to its implementation, while also assessing the role of adaptive strategies in responding to globalization, shifting consumer preferences, and rising environmental demands. Using a quantitative survey of 150 MSMEs in Indonesia and data analysis with PLS-SEM, the study tests the relationships among green innovation, adaptive strategies, competitiveness, and sustainable economic growth. The results show that green innovation significantly promotes sustainable economic growth, and adaptive strategies are crucial in enhancing MSME competitiveness as well as mediating the relationship between green innovation and economic growth. Nonetheless, limited resources, constrained technological access, and weak regulatory support remain major obstacles. Theoretically, the study advances the literature on the integration of green innovation and adaptive strategies in MSMEs in developing countries. Practically, it offers implications for policy and managerial strategies to strengthen MSME competitiveness and sustainability through multi-stakeholder collaboration and policy incentives.
Copyright (c) 2026 Sabil Sabil, Lukman Hakim, Amin Setio Lestiningsih, Dwiyatmoko Puji Widodo, Sugiyah, Devy Sofyanty https://creativecommons.org/licenses/by/4.0
The Strategic Role of MSMEs in Advancing a Sustainable and Resilient Global Economy
Through a systematic synthesis of recent international studies, this article conceptualizes the interconnection between digitalization, sustainability, and the resilience of small and medium-sized enterprises (SMEs), while also outlining prospective research directions related to inclusive and context-sensitive digital transformation models across varied business settings. Employing a systematic literature review (SLR) methodology aligned with PRISMA guidelines, the study critically evaluates contemporary scholarly publications to explore how digital technologies shape sustainable development trajectories and organizational robustness within SMEs. The analysis demonstrates that digital transformation plays a pivotal role in reinforcing SME competitiveness and adaptability, particularly within an environment characterized by globalization pressures and recurrent economic disruptions. More specifically, digital adoption enhances operational efficiency, enables the development of sustainability-driven business models, strengthens supply chain risk management, and promotes deeper customer engagement through improved responsiveness and interaction. Despite these advantages, the review also reveals persistent barriers, including constrained financial and technological resources, internal cultural resistance to change, and substantial deficiencies in digital competencies. Overall, this article offers a conceptual enrichment of existing literature while providing practical insights for business actors, policymakers, and other stakeholders in designing strategic initiatives aimed at reinforcing the long-term competitiveness and resilience of the SME sector.
Copyright (c) 2026 Amas Sari Marthanti, Rosento, Mohammad Amas Lahat, Sabil Sabil, Panji Suratriadi, Popon Rabia Adawia https://creativecommons.org/licenses/by/4.0
Extracurricular Activities Management at State Senior High School 1 Limbangan
Argiansyah Amin Ghani. 2025. Extracurricular Management at SMA Negeri 1 Limbangan. Supervisors: (1) Dr. Yovitha Yuliejantiningsih, M.Pd (2) Dr. Supriyono Ps, M.Hum. The focus of this research is the relationship between planning, organizing, implementing, and monitoring and evaluating extracurricular activities at SMA Negeri 1 Limbangan. This research uses a qualitative approach described descriptively. The qualitative research contained in this thesis is a case study that produces in-depth information on an object. The research was conducted at SMA Negeri 1 Limbangan starting in August 2024. Data collection techniques in this study used interviews, observation, and documentation. This study found that extracurricular activities were designed by school management as a basis for implementing them from the beginning of the school year to the end of the semester. In carrying out these management activities, school policymakers conducted activity planning, organization, and quarterly program evaluations to ensure the effective implementation of all extracurricular programs at SMA Negeri 1 Limbangan. The conclusions from this activity were: Identity Media, Lobbying, Community Involvement, and Publication; organizing lobbying; community involvement; social investment; and publication. Implementation was carried out through intracurricular, co-curricular, and extracurricular activities; and monitoring was carried out through community involvement and lobbying. This study recommends strengthening management in implementing school work programs related to extracurricular activities at SMA Negeri 1 Limbangan.
Copyright (c) 2026 Argiansyah Amin Ghani, Yovitha Yuliejantiningsih, Supriyono https://creativecommons.org/licenses/by/4.0
Social Media as a Digital Showcase: Brand Awareness and Its Implications for the Purchasing Decisions of MSME Products in Jakarta
The growth of social media has driven shifts in the marketing strategies of Micro, Small, and Medium Enterprises (MSMEs), particularly in urban areas like Jakarta. Here, social media no longer functions merely as a promotional tool but also serves as a digital showcase for displaying products and building brand perception. This research aims to analyze the influence of social media utilization on the purchasing decisions of MSME products in Jakarta, with brand awareness as the mediating variable. This study employs a quantitative approach using a survey method targeting 120 culinary-sector MSME actors who actively utilize social media in their marketing activities. The research data were analyzed using Partial Least Squares-based Structural Equation Modeling (SEM) with the assistance of the SmartPLS 3.0 software. The results indicate that social media utilization has a positive and significant influence on brand awareness and also has a direct effect on purchasing decisions. Furthermore, brand awareness is proven to act as a mediating variable in the relationship between social media utilization and purchasing decisions. These findings suggest that social media, as a digital showcase, plays a strategic role in building brand awareness and driving the purchase decisions for MSME products. This research is expected to provide a theoretical contribution to the development of digital marketing studies for MSMEs, as well as practical implications for MSME actors in designing effective social media-based marketing strategies.
Copyright (c) 2026 Panca Maulana Firdaus, Eryco Muhdaliha https://creativecommons.org/licenses/by/4.0
The Effect of Return on Assets, Return on Equity, Price Earnings Ratio, Debt to Equity Ratio, and Company Size on the Stock Prices of State-Owned Companies Listed on the IDX
This study aims to analyze the influence of Retun on Assets (ROA), Return on Equity (ROE), Price Earnings Ratio (PER), Debt to Equity Ratio (DER), and Firm Size on stock prices of State-Owned Enterprises (SOEs) listed on the Indonesia Stock Exchange (IDX) during the 2020-2024 period. A quantitative associative approach was employed to examine the causal relationship among variables using statistical analysis through SPSS version 25. The population consists of 31 SOEs, of which 27 companies were selected as the research sample using purposive sampling based on the availability of complete annual financial reports. Secondary data were collected through documentation from financial statements, annual reports, and official IDX publications. The findings reveal that ROA, PER, DER, and Firm Size have a positive and significant influence on stock prices, indicating that operational efficiency, market expectation, sound capital structure and larger business scale receive positive responses from investors. In contrast, ROE shows no significant effect suggesting that the return on equity is not a primary consideration for investors when evaluating SOE stock performance during the study period. Simultaneously, the examined variables explain 71,1% of the variation in stock prices, while the remaining 28,9% is influenced by factors outside the research model. The study is limited by the observation period and sample scope, therefore, future research is recommended to extend the analysis period and incorporate additional variables to obtain more comprehensive results.
Copyright (c) 2026 Alif Fachrurrozi Septianto, Sri Rahayu, Fajar Suryatama https://creativecommons.org/licenses/by/4.0
The Effect of Liquidity, Company Size, Leverage, and Company Age on Profitability (Case Study on Telecommunication Company)
This study examines the effect of liquidity, leverage, firm size, and firm age on profitability, with a case study of telecommunications companies listed on the Indonesia Stock Exchange. The telecommunications industry is characterized by rapid technological development and intense competition, which requires firms to manage their financial resources efficiently in order to maintain sustainable profitability. This research employs a quantitative approach using secondary data obtained from annual financial statements over a five-year observation period. The sample is selected through purposive sampling, and the data are analyzed using multiple linear regression supported by classical assumption testing. The results indicate that liquidity and firm size have a significant effect on profitability, suggesting that effective management of short-term assets and an optimal scale of operations contribute positively to financial performance. In contrast, leverage and firm age do not show a significant influence on profitability, indicating that higher debt levels and longer operational experience do not necessarily increase profit generation in telecommunications firms. Overall, the findings highlight the importance of internal financial efficiency in improving profitability. This study provides valuable insights for corporate management and investors in formulating sound financial strategies within the telecommunications sector.
Copyright (c) 2026 Restu Ajeng Sabilillah, Sri Rahayu, Fajar Suryatama https://creativecommons.org/licenses/by/4.0
The Influence of Impulse Buying and Product Quality on Purchasing Decisions at Super Indo Metro Sunter with Price Discounts as a Moderator
This study investigates the influence of impulse buying and product quality on purchase decisions, with discount as a moderating variable among Superindo Metro Sunter consumers. Using a quantitative causal design, data were collected from 140 respondents through questionnaires and analyzed with Structural Equation Modelling (SEM) via SmartPLS. Findings reveal that impulse buying positively and significantly affects purchase decisions, while product quality shows no significant impact. Discounts directly enhance purchase decisions and significantly moderate the relationship between impulse buying and purchase decisions in a negative direction, suggesting that discounts shift consumer behavior from emotional impulses toward more rational, value-driven choices. However, discounts do not moderate the effect of product quality on purchase decisions. These results highlight that emotional and promotional factors, particularly impulse buying and discounts, play a stronger role than product quality in shaping consumer decisions in retail contexts. The study offers practical insights for retail managers to design effective marketing strategies, provides references for future research, and helps consumers better understand the drivers of their purchasing behavior.
Copyright (c) 2026 Imam Suryono, Levina Bonfilia, Diansyah https://creativecommons.org/licenses/by/4.0
The Effect of Green Logistics Practices, Digital Order Tracking Transparency, and Transportation on Last Mile Delivery Performance and Its Implications for Logistics Customer Satisfaction
This study examines the effects of Green Logistics Practices, Digital Order Tracking Transparency, and Transportation on Last Mile Delivery Performance and their implications for Logistics Customer Satisfaction among courier and logistics service customers at PT Pos Indonesia Situbondo Branch. A quantitative explanatory research design was employed. Data were collected through questionnaires distributed to 131 respondents selected using stratified random sampling from a population of 188 customers. The data were analyzed using Structural Equation Modeling Partial Least Square with Smart PLS3. The results demonstrate that Green Logistics Practices, Digital Order Tracking Transparency, and Transportation have positive and significant effects on Last Mile Delivery Performance. These variables also have positive and significant direct effects on Logistics Customer Satisfaction. Furthermore, Last Mile Delivery Performance has a positive and significant effect on Logistics Customer Satisfaction and acts as a mediating variable that strengthens the influence of Green Logistics Practices, Digital Order Tracking Transparency, and Transportation on customer satisfaction. These findings highlight the importance of sustainable logistics practices, transparent digital information systems, and reliable transportation in enhancing last mile delivery performance and customer satisfaction. The study provides practical insights for logistics service providers in improving service quality through integrated and sustainable logistics strategies.
Copyright (c) 2026 Angga Tri Hanggara Kurniawan, Maniah, Agus Purnomo https://creativecommons.org/licenses/by/4.0
Analysis of Career Development and Employee Retention on Employee Performance with Company Technology as Moderator at PT Wira Mitra Prima (Forwarding)
This study examines the influence of Career Development and Employee Retention on Employee Performance at PT Wira Mitra Prima, with Corporate Technology as a moderating variable. Using a sample of 100 employees, the research employed a quantitative approach with SmartPLS (Partial Least Square) and a causal design to test direct and moderating effects. The findings reveal that Career Development does not significantly affect Employee Performance, so the hypothesis is rejected. However, Employee Retention shows a significant positive effect, meaning the hypothesis is accepted. Corporate Technology also has a significant effect on Employee Performance, confirming its role as a direct driver. For moderation, Corporate Technology does not strengthen the relationship between Career Development and Employee Performance, so the hypothesis is rejected. Conversely, Corporate Technology significantly strengthens the relationship between Employee Retention and Employee Performance, meaning the hypothesis is accepted. These results highlight the importance of retention strategies and technology optimization in enhancing performance. Practical implications suggest companies should improve career development practices, strengthen retention through fair rewards and supportive environments, and maximize technology use to boost efficiency, collaboration, and productivity.
Copyright (c) 2026 Lukiyana, Andre Frianto Sinaga https://creativecommons.org/licenses/by/4.0
The Effect of Product Quality and Price on Consumer Satisfaction at Kopi Jago, with Customer Retention as a Moderating Factor (Case Study: Kopi Jago Touring Sunter Lake)
This study investigates how Product Quality and Price affect Consumer Satisfaction at Kopi Jago Keliling Danau Sunter, while also examining the moderating role of Customer Retention. Using a sample of 150 respondents and analyzed through SmartPLS (Partial Least Square) with a causal research design, the study tested both direct and moderating effects. The findings reveal several key points. First, Product Quality significantly influences Consumer Satisfaction, confirming that aspects such as product appearance, taste, texture, and uniqueness enhance customer experiences. Second, Price also has a significant effect, showing that affordability, competitiveness, and perceived value contribute to satisfaction. Third, Customer Retention strongly impacts Consumer Satisfaction, as indicators like revisiting interest, repeat purchases, recommendations, and loyalty reinforce positive consumer experiences. Fourth, Customer Retention moderates the relationship between Product Quality and Consumer Satisfaction positively, strengthening the effect. However, fifth, Customer Retention does not moderate the relationship between Price and Consumer Satisfaction, meaning price remains a direct driver rather than a moderated one. Overall, the study highlights that improving product quality, setting appropriate pricing, and fostering customer retention are crucial strategies for enhancing satisfaction and sustaining long-term customer relationships.
Copyright (c) 2026 Sri Sukartono Nathadiharja, Tia Ivada, Ari Soetiyani https://creativecommons.org/licenses/by/4.0
The Relationship Between Smoking and Poverty in Indonesia
This study aims to analyze the relationship between per capita cigarette expenditure and poverty levels in Indonesia based on the type of cigarette consumption. The method used is panel data analysis with the Common Effect Model (CEM) approach using data from 33 provinces during the 2019–2024 period sourced from the Central Statistics Agency (BPS). The dependent variable in this study is the poverty rate, while the independent variables include expenditure on cigarettes and tobacco (X₁), filtered kretek cigarettes (X₂), unfiltered kretek cigarettes (X₃), white cigarettes (X₄), tobacco (X₅), and other cigarettes and tobacco (X₆). The results show that simultaneously, all independent variables have a significant effect on poverty. Partially, unfiltered kretek cigarettes (X₃) have a positive and significant effect, indicating that increased consumption of this type worsens poverty conditions. Meanwhile, white cigarettes (X₄), tobacco (X₅), and other cigarettes and tobacco (X₆) have a negative and significant effect, indicating that these types are consumed more by people with high purchasing power. In general, cheap cigarettes consumed by low-income groups are a factor that exacerbates poverty.
Copyright (c) 2026 Rasyidusman Hannamara Furqan Nur https://creativecommons.org/licenses/by/4.0
The Impact of Digital Marketing Literacy on MSME Sales Performance: A Systematic Literature Review
The decline in sales performance among Micro, Small, and Medium Enterprises (MSMEs) in Bengkulu Province poses a significant challenge, particularly in light of the national trend toward digital economic expansion. The objective of this research is to consolidate empirical evidence concerning the correlation between digital marketing literacy and the sales performance of MSMEs through a systematic literature review (SLR) of publications from 2020 to 2025. In accordance with the PRISMA protocol, 20 articles from the Scopus, Web of Science, and SINTA databases were subjected to thematic analysis. The results indicate that proficiency in digital marketing has a significant positive impact on MSME sales (β = 0.35–0.50), although this effect is mitigated by access to digital infrastructure, the age of the business owner, and the type of business. MSME proprietors aged over 45 and those located in rural areas exhibit heightened resistance to technology adoption, despite training initiatives. Significant deficiencies encompass a scarcity of regional studies in Sumatra, the absence of integrated models analysing infrastructure moderation, and the prevalence of quantitative designs lacking comprehensive investigation. This study makes a theoretical contribution by developing the Digital Literacy-Performance Nexus framework and has real-world implications for community-based digital training policy. Future research will encompass longitudinal studies and mixed-method approaches within regional contexts.
Copyright (c) 2026 Destita Khairilisani, Sri Widyastuti, Eka Sudarmaji https://creativecommons.org/licenses/by/4.0
A Strategic Model for Enhancing Organizational Citizenship Behavior Through Transformational Leadership and Emotional Intelligence in Educational Institutions
This study examines the suboptimal level of Organizational Citizenship Behavior (OCB) among educational support staff, indicated by low initiative, limited extra role involvement, and minimal contribution to organizational effectiveness. OCB represents voluntary behavior that enhances individual performance and supports the effectiveness and sustainability of educational organizations, particularly private vocational high schools in Bogor Regency. Strengthening OCB is essential to create a collaborative, adaptive, and service oriented work environment. This study aims to develop strategic efforts to enhance OCB by analyzing the direct and indirect effects of Transformational Leadership and Emotional Intelligence, with Job Satisfaction as an intervening variable. A quantitative survey approach was employed. The population consisted of educational support staff at private vocational high schools in Bogor Regency, with 186 respondents selected through proportional random sampling. Data were collected using validated and reliable questionnaires and analyzed using descriptive statistics, correlation analysis, and path analysis. The results show that Transformational Leadership and Emotional Intelligence have positive and significant direct effects on OCB. Job Satisfaction also has a positive and significant direct effect on OCB. Additionally, Transformational Leadership and Emotional Intelligence positively influence Job Satisfaction. Mediation analysis confirms that Job Satisfaction mediates the effects of Leadership and Emotional Intelligence on OCB.
Copyright (c) 2026 Khitara Aldilla Chandra, Nancy Yusnita, Widodo Sunaryo https://creativecommons.org/licenses/by/4.0
DEI Strategy (Diversity, Equity, Inclusion) and Normative Commitment to Employee Performance with Knowledge Management Moderation at the Forwarding Company PT Wira Mitra Prima
This study aims to analyze the effect of Diversity, Equity, and Inclusion (DEI) strategies and normative commitment on employee performance, with knowledge management as a moderating variable at PT Wira Mitra Prima. Using a quantitative approach with Structural Equation Modeling (SEM) based on Partial Least Square (PLS) and SmartPLS software, the research employed a causal design to test both direct and moderating effects among variables. The sample consisted of 100 employees selected through purposive sampling. The findings reveal that DEI strategies, normative commitment, and knowledge management each have a positive and significant impact on employee performance. Moreover, knowledge management was proven to strengthen the influence of DEI strategies and normative commitment, indicating that diversity initiatives and employee loyalty are more effective when supported by systematic knowledge sharing and application. These results highlight that integrating DEI policies, fostering normative commitment, and implementing effective knowledge management can sustainably improve productivity, efficiency, and performance quality. Despite its contributions, the study acknowledges limitations such as a relatively small sample size, short data collection period, and reliance on closed questionnaires, suggesting that future research should expand scope, sample, and include additional variables like job satisfaction, organizational culture, or leadership to enrich the model.
Copyright (c) 2026 Lukiyana, Naufal Faa’is Ridhy Putra https://creativecommons.org/licenses/by/4.0
The Influence of Internal Auditors' Objectivity and Professionalism on the Quality of Audit Results (Empirical Study at the Bandung Regency Regional Inspectorate)
This study aims to analyze the influence of objectivity and professionalism of internal auditors on the quality of audit results at the Bandung Regency Regional Inspectorate, both partially and simultaneously. The background of the study is based on the phenomenon of suboptimal recommendations from government agency accountability performance evaluations and findings of weaknesses in fixed asset management. The research method used is quantitative descriptive with a saturated sample of 67 internal auditors as respondents. Data were collected through questionnaires and analyzed using multiple linear regression with the help of SPSS version 31 software. The results show that partially, objectivity behavior does not have a positive and significant effect on the quality of audit results. Meanwhile, professionalism behavior has a positive and significant effect on the quality of audit results. Simultaneously, these two variables influence the quality of audit results by 52.3%, while the remaining 47.7% is influenced by other factors outside the research variables. In conclusion, increasing impartiality and implementing strict professional standards will collectively increase the credibility of local government audit reports.
Copyright (c) 2026 Ferdy Irawan, Romli https://creativecommons.org/licenses/by/4.0
Building Superior Supplier Performance: The Mediating Role of Supplier Satisfaction in the Influence of Client Trust, Contractual Justice, and Payment Reliability
The Maintenance, Repair, and Overhaul (MRO) industry in the energy sector is highly dependent on supplier performance. However, PT Torishima Services Indonesia (TSI) faces a supplier performance gap, with actual achievements reaching only 84.75% against a >95% target. This study aims to examine and analyze the influence of Client Trust, Contractual Justice, and Payment Reliability on Supplier Performance, with Supplier Satisfaction acting as a mediating variable. A quantitative explanatory survey method was employed, collecting data from a sample of 128 active suppliers of PT TSI, which was subsequently analyzed using Structural Equation Modeling Partial Least Squares (SEM PLS).Quantitative results demonstrate that client trust (β = 0.091, p < 0.05), contractual justice (β = 0.173, p < 0.05), and payment reliability (β = 0.133, p < 0.05) have a direct, positive, and significant effect on supplier performance. These independent variables also strongly predict supplier satisfaction, with contractual justice emerging as the strongest predictor (β = 0.375, p < 0.05), followed by trust (β = 0.340, p < 0.05) and payment (β = 0.296, p < 0.05). Supplier satisfaction itself exerts a dominant positive influence on performance (β = 0.614, p < 0.05). Furthermore, mediation testing confirms that supplier satisfaction significantly mediates the effects of client trust (β = 0.209, p < 0.05), contractual justice (β = 0.230, p < 0.05), and payment reliability (β = 0.182, p < 0.05) on supplier performance . Theoretically, this study contributes to reinforcing relational governance and supplier relationship management theories by proposing a comprehensive causal model. Practically, management is recommended to implement transparent contractual fairness principles and simplify payment administration procedures to drive sustainable supplier satisfaction and performance. This research offers novelty by simultaneously integrating relational, structural, and financial governance dimensions into a single comprehensive mediation framework within the specific, high risk context of the energy MRO industry, which has not been previously explored.
Copyright (c) 2026 Dewa Tokoh Oktaviano, Agus Purnomo, Erna Mulyati https://creativecommons.org/licenses/by/4.0
The Nexus of Audit Quality and Fraud Prevention: Evidence from Buleleng Inspectorate
This study aims to examine how auditor competence, supervisory independence, and internal control systems influence internal audit quality and fraud prevention in Indonesia's public sector, with particular focus on the moderating role of auditor integrity in shaping the effectiveness of these oversight mechanisms. Using Partial Least Squares Structural Equation Modeling (PLS-SEM), this study analyzes data from 53 auditors at the Buleleng Regency Inspectorate to test six direct relationships and six moderating effects of auditor integrity on internal audit quality and fraud prevention. The study reveals three key findings. First, all direct effects prove significant: internal control systems emerge as the strongest predictor of internal audit quality (β=0.431, p<0.001), while auditor competence most powerfully influences fraud prevention (β=0.408, p=0.001). Second, auditor integrity exhibits complex and counterintuitive moderation patterns: it negatively moderates the competence-audit quality relationship (β=-0.264, p=0.034) and independence-audit quality relationship (β=-0.095, p=0.029), indicating compensatory mechanisms or contextual pressures in corrupt environments. Third, integrity does not moderate any relationships with fraud prevention nor internal control system relationships with either outcome, revealing that fraud prevention is more heavily determined by structural factors than individual ethical characteristics.
Copyright (c) 2026 Yosep Fristamara, Ni Luh Putu Eka Pradnyawati, Desak Nyoman Sri Werastuti, I Gusti Ayu Purnamawati, Ni Kadek Sinarwati https://creativecommons.org/licenses/by/4.0
The Influence of Intellectual Capital on Return on Asset and Return of Equity in Companies in Jakarta Islamic Monetary Policy Index in Indonesia
This study is entitled The Effect of Intellectual Capital on Corporate Financial Performance with Islamic Corporate Social Responsibility as an Intervening Variable in Companies Listed on the Jakarta Islamic Index for the 2019–2023 Period. The research object consists of companies listed on the Jakarta Islamic Index (JII), focusing on the variables of Intellectual Capital, Human Capital Efficiency (HCE), Structural Capital Efficiency (SCE), and Capital Employed Efficiency (CEE) in relation to financial performance, which is proxied by Return on Assets (ROA) and Return on Equity (ROE). This study aims to analyze the effect of Intellectual Capital on corporate financial performance and to examine the role of intellectual capital efficiency components in improving corporate profitability. The research employs a quantitative approach using purposive sampling. The data used are secondary data obtained from companies’ financial statements for the 2019–2023 period. Data analysis is conducted using regression analysis to examine the relationships among the research variables. The results indicate that Intellectual Capital has a significant negative effect on ROA and ROE. Human Capital Efficiency (HCE) has a significant positive effect on ROA and ROE. Structural Capital Efficiency (SCE) shows a positive effect on ROA but a negative effect on ROE. Meanwhile, Capital Employed Efficiency (CEE) has a significant positive effect on both ROA and ROE.
Copyright (c) 2026 Marlinda Mustika, Maryam Batubara, Nur Ahmadi Bi Rahmani https://creativecommons.org/licenses/by/4.0
Economic Feasibility Analysis and Marketing Strategy of Broiler Chicken Farming at “AA Farm” Company in Tanggulun Village, Kadungora District, Garut Regency
Broiler farming is a strategically important sector within Indonesia’s national food industry, driven by steadily rising per capita chicken meat consumption. This study aims to (1) evaluate the economic feasibility of the broiler farming enterprise “AA Farm” in Tanggulun Village, Kadungora District, Garut Regency, and (2) formulate a comprehensive marketing strategy to support its sustainable growth. A single-case-study design with a quantitative descriptive approach was employed. Primary data were gathered through in-depth interviews, direct field observations, and structured questionnaires, while secondary data were drawn from company financial records, market reports, and official government publications. Economic feasibility was assessed using Total Cost (TC), Total Revenue (TR), profit (π), Revenue–Cost (R/C) Ratio, and Break-Even Point (BEP) analyses. The findings reveal that “AA Farm” achieves its Break-Even Point at the 17th production cycle (≈17 months), with an annual Return on Investment (ROI) of 47% and an R/C Ratio of 1.40, confirming strong operational profitability. The marketing strategy, built on the Marketing Mix (4P) framework and SWOT analysis, encompasses targeted market segmentation across four consumer groups, cost-plus competitive pricing, a multi-channel distribution system, integrated digital and traditional promotion, and a customer relationship management (CRM) programme. These findings demonstrate that “AA Farm” is economically feasible and possesses substantial potential for sustainable growth when supported by disciplined marketing implementation and modern operational management.
Copyright (c) 2026 Nugraha, Yuda Dharma Putra; Ratih Hurriyati https://creativecommons.org/licenses/by/4.0
Foundations of Integrity: Good Corporate Governance in the Real Estate Sector – A Systematic Review
Good Corporate Governance refers to the sound management practices adopted by companies to ensure transparency, accountability, and sustainability. This study seeks to examine how good corporate governance has been implemented in property and real estate companies listed on the Indonesia Stock Exchange (IDX) during the period 2016–2024. The research employs a Systematic Literature Review (SLR) methodology, guided by the PRISMA Framework and utilizing a qualitative approach. The findings reveal that the application of good corporate governance has a significant impact on firm value, financial outcomes, and overall organizational performance within the property and real estate industry. This study is expected to support policy development and strategic decision-making aimed at enhancing the effectiveness of corporate governance practices in the sector.
Copyright (c) 2026 Fathima Nurfauzia, Dian Widiyati, Andhika Yusuf Septiawan https://creativecommons.org/licenses/by/4.0
The Role of Stakeholders in Strengthening Waste Bank Management in Pekanbaru City
Urban waste management remains a critical challenge to sustainable development due to rising waste generation and the suboptimal implementation of the reduce reuse recycle approach. Waste banks have emerged as a community based alternative that emphasizes public participation and cross stakeholder collaboration. This study analyzes stakeholder roles in strengthening the management of the Mutiara The Gade Clean and Gold Waste Bank in Tuah Karya Village, Pekanbaru City, and identifies factors influencing its sustainability. A descriptive qualitative approach was employed using in depth interviews, observation, and documentation. Informants were selected through purposive and snowball sampling. Data were analyzed with the interactive model of Miles and Huberman. The findings show that stakeholder roles are not balanced. The private sector, particularly PT Pegadaian Persero, plays a dominant role through mentoring and operational support that improves management effectiveness and encourages participation. Conversely, the local government role as regulator and supervisor remains limited, especially in guidance, coordination, and sustained facilitation. Community participation is relatively strong in waste sorting and deposit activities, although challenges persist in incentive mechanisms. Weak cross stakeholder coordination and the absence of a sustainable collaborative governance model hinder management strengthening. This study concludes that stronger stakeholder synergy, long term commitment, and collaborative governance are essential to sustain community based waste bank management.
Copyright (c) 2026 Mario Iskandar, Sulaiman Zuhdi https://creativecommons.org/licenses/by/4.0
The Influence of Principal Leadership, Organizational Culture, Teacher Competence, and Work Motivation on the Performance of Private Vocational School Teachers in Bekasi Regency
This research is motivated by the importance of teachers as key actors in determining the quality of education, particularly in private Vocational High Schools (SMK), which are characterized by competency-based learning and the need for direct connections to the industrial world. In Bekasi Regency, as one of the largest industrial areas in Indonesia, private vocational schools are expected to produce competent, adaptive, and work-ready graduates. However, various indicators indicate that the performance of private vocational school teachers in Bekasi Regency is still suboptimal. This condition is reflected in student learning outcomes, readiness for skills competency tests, and the gap in quality between private and public vocational schools. This low teacher performance cannot be separated from various interrelated managerial and individual factors, so a comprehensive empirical study is needed to identify the determining factors. Theoretically and empirically, teacher performance is influenced by a combination of leadership factors, the organizational environment, professional capacity, and individual psychological conditions. In the context of educational management, the principal's leadership plays a strategic role in directing, motivating, and empowering teachers to perform optimally in accordance with the school's vision and mission. Furthermore, a strong and positive school organizational culture is believed to foster a strong work ethic, loyalty, and commitment to the institution. Furthermore, teacher competencies, including pedagogical, professional, social, and personality competencies, are key prerequisites for an effective learning process. Work motivation also serves as an internal driver that determines the level of enthusiasm, dedication, and responsibility of teachers in carrying out their professional duties. An imbalance in any of these factors has the potential to reduce teacher performance and impact the quality of vocational school graduates. Based on these problems, this study aims to analyze and empirically test the influence of principal leadership, organizational culture, teacher competency, and work motivation on the performance of private vocational high school teachers in Bekasi Regency, both partially and simultaneously. This study also aims to develop a comprehensive and contextual conceptual model of teacher performance management in accordance with the characteristics of vocational education. Thus, the results of this study are expected to not only provide theoretical contributions to the development of educational management science, but also provide practical recommendations for policymakers, principals, and educational foundation managers. This study uses a quantitative approach with an explanatory research type, which aims to explain the causal relationship between the research variables. The independent variables in this study include principal leadership, organizational culture, teacher competence, and work motivation, while the dependent variable is teacher performance. The study population was all private vocational high school teachers in Bekasi Regency, with the sample determined using a sampling technique adjusted to the population characteristics and the needs of statistical analysis. Data were collected through a closed questionnaire using a Likert scale that has been tested for validity and reliability. Data analysis was carried out using multiple linear regression or Structural Equation Modeling (SEM) based on Partial Least Square (PLS), to obtain an accurate picture of the strength and direction of influence between variables. The expected outcome of this study is empirical evidence that principal leadership significantly influences teacher performance, both directly and through the creation of a conducive work climate and organizational culture. Effective leadership, particularly transformational, instructional, and participatory leadership, is believed to be able to increase teacher work motivation, strengthen professional commitment, and encourage continuous competency improvement. A positive organizational culture is expected to play a role in building the values ​​of cooperation, responsibility, and innovation, which ultimately lead to improved teacher performance. Teacher competency is expected to have a direct influence on learning effectiveness, while work motivation functions as an internal driver that strengthens the implementation of these competencies in daily teaching practice. Theoretically, this research is expected to enrich the body of knowledge in educational management, particularly in developing human resource management models in vocational schools. This research integrates the variables of leadership, organizational culture, competency, and work motivation into a coherent conceptual framework to explain teacher performance. The research findings are expected to serve as a reference for future research examining educator performance using a multidimensional, local context-based approach. Practically, the results of this study are expected to provide strategic implications for principals and managers of private vocational schools in designing policies to improve teacher performance. Principals can use the results of this study as a basis for developing a more participatory leadership style oriented toward teacher professional development. Foundations and education offices can utilize the findings of this study to formulate competency development programs, reward systems, and strengthen sustainable school organizational culture. Thus, improving teacher performance is not solely seen as an individual responsibility, but as the result of a synergy between managerial policies, the organizational environment, and personal motivation. Ultimately, this research is expected to make a tangible contribution to improving the quality of vocational education in Bekasi Regency. By improving the performance of private vocational school teachers, the quality of the learning process is expected to improve, become more relevant to the needs of the industrial world, and produce competent and highly competitive graduates. This aligns with the national education development goal of preparing superior, professional human resources ready to face global challenges.
Copyright (c) 2026 Saga Cindai Alisanda, Maswanto, Hasanah https://creativecommons.org/licenses/by/4.0
Integration of Personality, Visionary Leadership, Organizational Culture, and Service Quality to Build Organizational Image
An image is one of the important assets for an organization that should be continuously built and maintained. A good image is one of the important tools, not only to attract consumers in choosing products or services, but also to improve customer satisfaction attitudes towards the organization. The image also shows the existence of an organization in the public eye, namely, showing the public's view of the organization that has formed over a long period of time. A well-formed image will also have a good impact on achieving the goals set by individuals or organizations. Based on preliminary research, it is known that the Image of PGRI Schools in Bogor Regency is relatively suboptimal. Therefore, research is needed to obtain information on variables related to improving Service Quality. The purpose of this study is to implement strategies and methods to improve organizational image by conducting research on the influence of personality variables, visionary leadership, organizational culture, and service quality. This study uses the path analysis method to determine the influence between the variables studied and the SITOREM method for indicator analysis to obtain optimal solutions in efforts to improve organizational image.
Copyright (c) 2026 Daisy Radnawati, Andi Hermawan https://creativecommons.org/licenses/by/4.0
Governing Risk for Project Performance: A Mechanism ‎Based Systematic Review of Cost Overruns and Schedule ‎Delays in Construction
Cost overruns and schedule delays continue to challenge construction projects worldwide, ‎yet existing research has predominantly focused on identifying risk factors rather than ‎explaining how those risks translate into performance outcomes. This study adopts a ‎mechanism-oriented perspective to examine the managerial and governance systems that ‎mediate the relationship between project risk exposure and cost and schedule performance. ‎A Systematic Literature Review (SLR) was conducted and integrated with bibliometric ‎keyword co-occurrence analysis using VOSviewer to synthesize and map the intellectual ‎structure of the field. Fourteen studies meeting mechanism-based inclusion criteria were ‎analyzed. The results indicate that project performance deterioration is not a direct ‎consequence of risk occurrence alone, but is shaped by interacting governance mechanisms. ‎Risk management emerges as the central coordinating system, financial governance ‎functions as a stabilizing buffer that supports operational continuity, and project control ‎systems serve as the execution-level interface translating governance strategies into ‎performance monitoring and corrective action. Bibliometric mapping further reveals a shift ‎in the literature from problem-oriented discussions of cost overruns toward ‎governance-based performance regulation. These findings support a mechanism-based ‎understanding of construction project performance, where cost and schedule outcomes are ‎governance-dependent rather than purely risk-driven. Methodologically, the study ‎demonstrates the value of combining systematic review rigor with bibliometric mapping to ‎uncover structural knowledge patterns. Practically, the results highlight the importance of ‎strengthening integrated governance systems—not only improving risk identification—to ‎enhance construction project performance.‎
Copyright (c) 2026 Jatiaryo Sidiq Ramadhan, Agustinus Purna Irawan, Muhammad Idrus Taba https://creativecommons.org/licenses/by/4.0
The Use of Artificial Intelligence as a Marketing Support Tool: A Feasibility Study of the Chatbot “TANYA” Use on Consumer Behavioral Intention in Indonesia
The features of a chatbot can lead to behavioral intention among its users. This study examines how the features found in TANYA can generate behavioral intention to its consumers. This study uses several different research variables which are then made into a model with a simple regression design. These variables are convenience, authenticity of conversation, enjoyment, pass time, social influence, anthropomorphism, privacy concern, and immature technology. The study was conducted quantitatively through Google Form and successfully gathered 214 respondents from Generation Z and millennials who had used TANYA previously. Using linear regression analysis through SPSS, the study concludes that convenience, enjoyment, social influence, anthropomorphism, and immature technology influence the behavioral intention experienced by consumers, while authenticity of conversation, pass time, and privacy concern have no influence on behavioral intentions of TANYA consumers.
Copyright (c) 2026 Muhammad Farras Abyantoro https://creativecommons.org/licenses/by/4.0
The Mediating Effect of Business Performance on the Relationship between Financial Literacy and MSMEs’ Loan Repayment Performance
This study aims to analyze the effect of financial literacy on business performance and its impact on MSMEs’ loan repayment performance in Buleleng Regency. This research employs a quantitative approach with MSMEs in Buleleng Regency as the population, totaling 66,368 business units. The sample was determined using the Slovin formula with a 10% margin of error, resulting in a minimum sample size of 100 MSMEs in Buleleng Regency. The sample was selected using a purposive sampling technique. Data were collected through questionnaires distributed directly to MSME owners. The data collection method utilized a questionnaire measured on a 1-4 Likert scale. Data analysis was conducted using Structural Equation Modeling Partial Least Squares (SEM-PLS) with the assistance of SmartPLS version 3 software. The results indicate that financial literacy has a positive effect on business performance and loan repayment performance, business performance has a positive effect on loan repayment performance, and financial literacy influences loan repayment performance through business performance.
Copyright (c) 2026 Luh Gede Adilia Oktaviani, Desak Nyoman Sri Werastuti https://creativecommons.org/licenses/by/4.0
Determinants of Consumer Purchase Intention in Teaching Factory-Based Business Units: An Empirical Analysis of Price Perception, Product Quality, and Promotion within Vocational Education
In the landscape of modern vocational education, the transformation of Vocational High Schools (SMK) into Regional Public Service Agencies (BLUD) through the Teaching Factory (TEFA) mechanism necessitates the adoption of professional business management practices. This study aims to deconstruct the factors influencing student purchase intention within school-based retail units, utilizing Smensimart at SMKN 1 Singaraja as a case study. Employing a quantitative approach with a causal research design, this study involved 190 respondents selected via purposive sampling. Data were analyzed using multiple linear regression following rigorous validity, reliability, and classical assumption tests. The findings reveal that price perception, product quality, and promotion simultaneously exert a significant influence on purchase intention, with a coefficient of determination () of 69.7%. Partially, product quality emerged as the strongest predictor (β=0.401), followed by price perception (β=0.394) and promotion (β=0.297). These findings challenge the traditional assumption that students are exclusively price-sensitive consumers, suggesting instead that they are rational consumers who prioritize value and quality. This article contributes theoretically to the educational marketing literature and offers practical implications for school business unit managers in designing robust marketing mix strategies.
Copyright (c) 2026 Ni Komang Ayu Wiwin, Ni Made Ary Widiastini, Putu Indah Rahmawati https://creativecommons.org/licenses/by/4.0
The Role of Work Motivation in Linking Compensation and Non-Physical Work Environment to Employee Performance at PT Muawanah Al-Ma’soem
This study analyzes the effect of compensation and the non-physical work environment on employee performance with work motivation as a mediating variable at PT. Muawanah Al-Ma’soem. This research addresses the need to understand how financial and non-financial factors simultaneously influence employee performance through psychological mechanisms. A quantitive method was employed using survey data collected from 98 employees. The data were analyzed using Partial Least Squares-Structural Equation Modeling (PLS-SEM). The findings reveal that compensation and the non-physical work environment have positive and significant effects on employee performance. Work motivation also has a significant positive effect on employee performance and acts as a mediating variable in the relationship between compensation, the non-physical work environment, and employee performance. The theoretical contribution of this study lies in strengthening and extending motivational theory by empirically validating the mediating role of work motivation in linking compensation and non-physical work environment factors to employee performance. Practically, the result suggest that organizations should integrate fair compensation policies and supportive workplace relationships to improve employee performance sustainably.
Copyright (c) 2026 Anggita Dwi Utari, Nurul Hermina https://creativecommons.org/licenses/by/4.0
Modeling the Demand for Curly Red Chili Using a Cobb–Douglas Production Function Approach through the Integration of Demographic and Economic Variables
Curly red chili is a strategic horticultural commodity that plays an important role in household consumption and regional economic stability. In Tangerang City, its demand fluctuates due to changes in prices, income levels, and population growth. As an urban area with a steadily increasing population and rapid development of the culinary sector, Tangerang City has a high dependence on supplies from other regions, making chili demand and prices relatively sensitive to economic factors. This study aims to analyze the response and elasticity of curly red chili demand in Tangerang City. The research uses secondary data with a quantitative approach through the Cobb–Douglas function model to estimate the effects of price, income, population, and consumption on the quantity demanded. The Cobb Douglas model was selected because it allows direct measurement of elasticity and demonstrates the sensitivity of demand to changes in each variable. The results show that all variables simultaneously affect the demand for curly red chili. The elasticity values obtained indicate whether demand is elastic or inelastic, providing useful insights for maintaining price stability and ensuring adequate supply availability.
Copyright (c) 2026 Syarifah Nuraini, Aliudin, Aris Supriyo Wibowo https://creativecommons.org/licenses/by/4.0
The Influence of Fear of Missing Out (FoMO), Influencer Marketing, and Viral Marketing on Pop Mart's Blind Box Purchase Intention
The increasing use of social media along with the development of the concept of the experience economy has encouraged changes in the consumption patterns of the younger generation, especially for hedonic products that emphasize elements of experience, such as blind boxes. Pop Mart as a global blind box brand shows rapid growth in Indonesia, which is triggered by the rise of unboxing content, the role of influencers, and the implementation of viral marketing strategies that have given rise to the FoMO phenomenon. This study is aimed at examining the influence of FoMO, Influencer Marketing, and Viral Marketing on Pop Mart blind box product Purchase Intention. This study was carried out through a quantitative approach using the PLS-SEM method to 200 respondents in Cirebon City who actively use social media and have seen blind box content. The results show that FoMO, Influencer Marketing, and Viral Marketing produce a positive and significant influence on Purchase Intent, either separately or simultaneously. Among the three variables, FoMO had the most dominant influence, and the research model was able to explain 63.8% of the variation in Purchase Intention. These findings confirm the important role of consumer psychological factors and digital marketing strategies in shaping the purchase intention of blind box products.
Copyright (c) 2026 Lora Setiawati, Yusuf https://creativecommons.org/licenses/by/4.0
The Role of the Village Government's Commitment in Moderating the Relationship Between Community Participation, Financial Transparency, and the Use of Information Technology on the Financial Management of Village Funds in Dresi Kulon Village, Rembang Regency
This study examines the influence of community participation, financial transparency, and information technology utilization on Village Fund financial management, with village government commitment as a moderating variable in Dresi Kulon Village, Rembang. The methodology used was a quantitative approach, analyzing questionnaire data collected from 146 participants and then processing it using SEM–SmartPLS. The results show that community participation, financial transparency, and information technology utilization have a positive impact on Village Fund financial governance, with financial transparency having the strongest impact, while village government dedication was shown to mediate the relationship between financial transparency and IT utilization. This framework was able to explain 47.0% of the change in Village Fund financial management (R² = 0.470). Therefore, it is recommended to strengthen financial reporting transparency, village government commitment, and technology utilization.
Copyright (c) 2026 Selly Lofiana Haningtyas, Diana Puspitasari, Agus Prayitno, Linda Ayu Oktoriza https://creativecommons.org/licenses/by/4.0
Beyond Talent Management: The Critical Role of Flexible Working Arrangements in Enhancing Public Sector Job Satisfaction
This study assesses the impact of talent management and flexible working arrangements on job satisfaction and employee performance, especially in the public sector post-merger period. The data is collected by employee of Indonesia’s research and innovation agency which has merged with several research and development institutions. The author also explains more about the effect of talent management and flexible working arrangements on employee performance, which is influenced by job satisfaction. This study uses talent management and flexible working arrangements on job satisfaction and employee performance in the public sector institutions of research and innovation in Jakarta area by using variables that affect employee performance. Questionnaire were distributed online to 182 employee respondent who worked at research and innovation agency in the Jakarta area. The data were then analyzed using PLS-SEM through SmartPLS 4 software. The results of this study indicate a non significant effect of talent management on job satisfaction and employee performance. And conversely, the effect of flexible working arrangements on job satisfaction is positive significant. Employees value the ability to control their time and environment of flexible working arrangements, which directly translates to higher satisfaction.
Copyright (c) 2026 Saepul Azis, Sekar Wulan Prasetyaningtyas https://creativecommons.org/licenses/by/4.0
The Effect of Internal Control Systems and Integrity Zones on Fraud Prevention: The Moderating Role of Transformational Leadership
This study aims to examine fraud prevention in Indonesian government institutions by analyzing the influence of internal control systems and integrity zones, as well as the moderating role of transformational leadership. The population consists of civil servants working in a central government ministry that has implemented integrity zone initiatives. Using purposive sampling, 375 valid responses were obtained from employees involved in financial management, supervision, and administrative functions. A quantitative approach was applied through structured questionnaires, and data were analyzed using variance-based structural equation modeling. The results indicate that internal control systems have a positive and significant effect on fraud prevention by enhancing transparency and accountability. Integrity zones also demonstrate a significant positive influence by strengthening governance and promoting anti-corruption values. Transformational leadership does not significantly moderate the relationships between internal control systems, integrity zones, and fraud prevention. These findings suggest that fraud prevention in government institutions is more strongly associated with formal governance mechanisms, highlighting the importance of strengthening internal controls and integrity-based reforms to enhance anti-fraud effectiveness.
Copyright (c) 2026 Nurma Safrilia Purnamasari, Hariyanto https://creativecommons.org/licenses/by/4.0
Enhancing Employee Innovation Through Digital Talent Development: The Mediation of Digital Competency, Leadership and Culture in the Telecom Industry
In the digital economy, innovation is a strategic imperative for sustaining organizational competitiveness, with employees’ innovative work behavior serving as a crucial micro-level foundation. Accelerated technological change and skill disruption have intensified the need for systematic digital talent development. Despite increasing scholarly attention to digital talent management, empirical research remains limited in explaining how digital talent development interacts with digital leadership, digital competence, and digital culture to shape innovative work behavior. This study addresses this gap by examining the structural relationships among these digital enablers within the context of digital transformation in the telecommunications industry. This study adopts a quantitative approach using survey data collected from 189 certified digital talents across PT Telkom Indonesia. Structural Equation Modeling–Partial Least Squares was employed to test the hypothesized relationships and mediating mechanisms. The results demonstrate that digital talent development influences innovative work behavior through an integrated mediating mechanism involving digital leadership, digital competence, and digital culture. This study advances the digital transformation literature by clarifying the systemic role of organizational enablers in translating digital talent investments into employee-level innovation. It emphasizes the necessity of aligning talent development with leadership capability, competency, and cultural reinforcement to support sustainable innovation in digitally transforming organizations.
Copyright (c) 2026 Nadira Aribah Fauziah, Anggraini Sukmawati, Bagus Sartono https://creativecommons.org/licenses/by/4.0
The Influence of Board Independence, Financial Expertise, and Gender on Financial Distress of SOEs and Infrastructure in Indonesia
The high risk of financial distress among state-owned enterprises in the infrastructure sector is primarily driven by the heavy financial burden of national strategic projects. This study focuses on examining how the characteristics of the board of commissioners influence the financial stability of companies facing financial pressure. The objective of this research is to analyze the effect of board independence, board expertise, and gender diversity on the level of financial distress. This study employs a quantitative method using panel data regression on infrastructure state-owned enterprises listed on the IDX during the period 2014 to 2023. The results show that board independence has a negative and significant effect on financial distress as measured by the Z Score and F Score models, no significant effect in the M Score model. Board expertise does not significantly affect financial distress in the Z Score and F Score models, but has a positive and significant effect in the M Score model. Gender diversity on the board does not show a significant impact in any of the three models. Findings suggest that the corporate governance mechanism, particularly through the independence, expertise, and diversity of the board of commissioners, can support more effective supervision and strategic decision-making.
Copyright (c) 2026 Angga Guidanto Hidayatullah https://creativecommons.org/licenses/by/4.0
Financial Feasibility Analysis of an Autoclaved Aerated Concrete (AAC) Manufacturing Plant in East Kalimantan (Study Case of PT XYZ)
This study evaluates the financial feasibility of establishing an autoclaved aerated concrete (AAC) manufacturing plant in East Kalimantan, a region experiencing rapid construction growth driven by the development of Indonesia’s new capital city. The analysis is conducted using a discounted cash flow approach within a capital budgeting framework. The financial model incorporates detailed assumptions on capital expenditure, revenue projections, cost structure, and financing structure within a ten-year projection horizon. Key feasibility indicators include Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), and Profitability Index (PI), with the Weighted Average Cost of Capital (WACC) applied as the discount rate. The results indicate that the project is financially feasible, generating a positive NPV of IDR 104.738.902.831 and an IRR of 20.69%, exceeding the WACC of 10.07%, with a Payback Period of 5.3 years and a Profitability Index of 1,58. Overall, the findings suggest that the proposed AAC manufacturing plant is commercially viable, capable of supporting regional construction demand while significantly reducing cost dependency on inter-island AAC transportation from Java.
Copyright (c) 2026 Allensius Paliling, Subiakto Soekarno https://creativecommons.org/licenses/by/4.0
Greenwashing in Sukuk Fund Allocation on the IDX: Analysis with Three Sharia ESG Discrepancy Indicators
This study examines the effect of greenwashing on sukuk fund allocation on the Indonesia Stock Exchange (IDX), focusing on the discrepancy between Environmental, Social, and Governance (ESG) claims and actual Sharia-compliant practices. Greenwashing, as a deceptive environmental practice, can impact Sharia investor confidence and investment fund allocation. Using multiple regression analysis, this study contributes to regulators and investors in improving Sharia ESG transparency and encouraging the development of stricter audit standards to prevent greenwashing in the Indonesian Sharia sukuk market. This study also focuses on companies operating in the mining sector.
Copyright (c) 2026 Sayyidetul Magfiroh, Umi suwati Risnaeni https://creativecommons.org/licenses/by/4.0
The Influence of Management Support, Internal Control, and Accounting Information Systems on Internal Audit Quality in MSMEs
This study aims to analyze the effect of Management Support, Internal Control, and Accounting Information System on Internal Audit Quality in bakery-sector SMEs in Jakarta. A quantitative approach was employed using primary data collected through questionnaires distributed to SME owners and managers. Data analysis techniques included validity and reliability tests, classical assumption tests, and multiple linear regression analysis comprising t-test, F-test, as well as correlation and determination coefficients. The results indicate that Management Support, Internal Control, and Accounting Information System each have a positive and significant effect on Internal Audit Quality. Among these variables, Management Support shows the most dominant influence. Simultaneously, all independent variables significantly affect Internal Audit Quality, and the regression model is considered appropriate. The correlation coefficient reflects a strong relationship, while the coefficient of determination indicates that a substantial proportion of the variation in Internal Audit Quality can be explained by the proposed model. These findings highlight the strategic role of managerial commitment, effective internal control, and adequate accounting information system in enhancing the quality of internal audits within SMEs.
Copyright (c) 2026 Fauziah Anggraeni, Rachmat Agus Santoso https://creativecommons.org/licenses/by/4.0
The Influence of Free Cash Flow, Earning Per Share, and Debt to Equity Ratio on Stock Returns Moderated by Firm Size in IDX 30 Companies
This study to analyze the effect of Free Cash Flow (FCF), Earning Per Share (EPS), and Debt to Equity Ratio (DER) on Stock Returns moderated by Firm Size in IDX 30 Companies. The purpose of this article is to prove the hypothesis of the influence between variables that will be used in further research..The results of this study indicate that 1) Earning Per Share (EPS) has a positive effect on Stock Returns; 2) Free Cash Flow (FCF) has an effect on Stock Returns but in the opposite direction.; 3) Debt to Equity Ratio (DER) has no effect on Stock Returns; 4) Free Cash Flow (FCF) moderated by Firm Size has a positive effect on Stock Returns; 5) Earning Per Share (EPS) moderated by Firm Size has an effect on Stock Returns but in the opposite direction; 6) Debt to Equity Ratio (DER) moderated by Firm Size has a negative effect on Stock Returns.
Copyright (c) 2026 Nanda Mahendra, Dian Purnomo Jati, Julia Safitri https://creativecommons.org/licenses/by/4.0
Blockchain Technology, Internal Control, and Company Size in Reducing Audit Report Lag in Manufacturing Companies on IDX Syariah
This study examines the influence of Blockchain Technology, Internal Control, and Company Size on Audit Report Lag (ARL) in manufacturing companies listed on the IDX Syariah for the 2021-2025 period, focusing on the potential of digital innovation and oversight mechanisms to enhance financial reporting efficiency. Utilizing a quantitative approach with multiple regression analysis, data were collected through purposive sampling from the annual reports of issuers consistently listed in the sharia index. The results indicate that, both partially and simultaneously, Blockchain Technology, Internal Control, and Company Size have no significant effect on audit report lag. The very low Adjusted R-squared value suggests that the adoption of blockchain technology and internal control structures is currently still administrative or a matter of regulatory compliance, thus failing to fundamentally transform conventional substantive audit procedures. This research provides a contribution to regulators and audit practitioners to accelerate the development of digital-based audit standards and encourage the strengthening of internal control quality so that it can provide a tangible contribution to financial reporting efficiency in the Indonesian sharia capital market.
Copyright (c) 2026 Alivia Feby Shinta, Umi Suswati Risnaeni https://creativecommons.org/licenses/by/4.0
Analysis Effectiveness of the Internal Control System in Detecting Fraud (Study at PT Arminareka Perdana Group)
This study analyzes the effectiveness of the internal control system in detecting fraud at PT Arminareka Perdana Group. Based on the COSO framework and Social Control Theory, internal control is positioned not only as a governance mechanism but also as a formal social control instrument that shapes ethical behavior and organizational compliance. Using a quantitative approach with PLS-SEM, data were collected from employees involved in financial supervision and operational control. The findings indicate that effective implementation of control environment, risk assessment, control activities, information and communication, and monitoring strengthens fraud detection through structured procedures, segregation of duties, transparent reporting, and continuous evaluation. Internal control contributes to building an accountable organizational culture and supports early identification of irregularities. The novelty of this research lies in integrating COSO-based internal control with Social Control Theory to explain fraud detection from structural and behavioral perspectives, offering strategic insights for strengthening governance and fraud risk management.
Copyright (c) 2026 Richan Nurhasan Mudzakar, Karsam, Atik Budi Paryanti https://creativecommons.org/licenses/by/4.0
Analysis of Purchase Decisions for MSME-Processed Functional Food Products in the Jabodetabek Region: A Model Testing of the Effects of Functional Value, Brand Image, Electronic Word of Mouth, and Local Wisdom-Based Marketing
The Influence of Functional Value, Brand Image, Electronic Word of Mouth, and Local Wisdom-Based Marketing on Purchase Decisions for MSME Functional Food Products in the Jabodetabek Region. This study was motivated by the increasing competition among MSME functional food products in urban areas, which necessitates marketing strategies grounded in rational, digital, and cultural value dimensions. The research aims to analyze the effects of functional value, brand image, electronic word of mouth communication, and Local Wisdom-Based Marketing on consumers’ purchase decisions. An explanatory quantitative approach was employed, utilizing a survey of 240 consumers of MSME functional food products in the Jabodetabek region selected through purposive sampling. The data were analyzed using Structural Equation Modeling based on Partial Least Squares. The findings indicate that all variables exert a positive and significant influence on purchase decisions, with electronic word of mouth emerging as the most dominant variable, followed by Local Wisdom-Based Marketing, brand image, and functional value. These results affirm that purchase decisions are shaped by a combination of rational, social, symbolic, and cultural stimuli processed through consumers’ cognitive and affective evaluations. This study contributes to the development of MSME marketing strategies through the integration of functional, digital, and local cultural values.
Copyright (c) 2026 Pirnanti Sihotang, Tifa Noer Amelia https://creativecommons.org/licenses/by/4.0
Digital Tax Governance in Optimizing Local Own-Source Revenue: Evidence from Kampar Regency, Indonesia
Fiscal decentralization has become a central policy in many developing countries aimed at improving local government autonomy and enhancing public service delivery. One key indicator of fiscal autonomy is the capacity of local governments to generate Local Own-Source Revenue (Pendapatan Asli Daerah/PAD). However, many local governments in Indonesia still depend heavily on fiscal transfers from the central government. This study examines the role of digital governance in optimizing local tax administration and increasing PAD in Kampar Regency, Riau Province. The research employs a qualitative descriptive approach supported by secondary fiscal data analysis. The findings indicate that digital tax administration contributes to improving transparency, administrative efficiency, and taxpayer compliance. Digital systems allow local governments to monitor tax transactions more effectively while reducing revenue leakage. However, challenges remain in terms of technological infrastructure, human resource capacity, and digital literacy among taxpayers. Strengthening digital governance in local taxation is therefore essential for improving fiscal sustainability and enhancing regional financial independence.
Copyright (c) 2026 Zamhur, Abshor Marantika https://creativecommons.org/licenses/by/4.0
The Effect of Coal Production, Domestic Market Obligation, Selling Price, Coal Reserves, and Mining Investment on Indonesia's Coal Export Realization
As the world's second-largest coal exporter, Indonesia faces complex dynamics in managing its coal export realizations amid domestic policy obligations and market fluctuations. This phenomenon is increasingly significant given coal's strategic role as a major source of state revenue and its position as a primary energy supplier to Asian emerging markets, particularly China and India. This study aims to analyze the determinants affecting Indonesia's coal export realizations. The research employs a quantitative approach using quarterly time-series data from 2014 to 2023, comprising 40 observations. The analytical methods utilized are the Vector Error Correction Model (VECM) to examine both short-term dynamics and long-term equilibrium relationships among variables. The independent variables examined include coal production volume, domestic market obligation (DMO), selling price, coal reserves, and mineral and coal sector investment, with coal export realization as the dependent variable. The findings reveal that simultaneously, all independent variables significantly influence coal export realizations. Partially, coal production, selling price, coal reserves, and investment demonstrate significant positive effects on export realizations. Conversely, domestic market obligation shows a significant negative effect on Indonesia's coal export realizations, indicating that mandatory domestic supply requirements constrain export volumes.
Copyright (c) 2026 Ahmad Raymond Trilaksana, Heru Subiyantoro https://creativecommons.org/licenses/by/4.0
Evolution of Balanced Scorecard in the Context of Digital Transformation: A Systematic Literature Review
This research investigates the evolution of the Balanced Scorecard (BSC) in the context of digital transformation using a Systematic Literature Review (SLR). Although BSC has been widely applied, existing studies remain fragmented and lack an integrated explanation of how BSC adapts to digital complexity. This study analyzes 31 Scopus-indexed articles published between 2020 and 2025 using the PRISMA approach. The findings reveal three major shifts: (1) BSC has evolved from a static performance measurement tool into a dynamic, data-driven strategic management system supported by AI, big data analytics, and cloud computing; (2) BSC perspectives have developed through either the addition of new dimensions, such as IT environment and sustainability, or the redefinition of the four classical perspectives; and (3) key performance indicators have shifted toward digital-oriented measures, including digital maturity, data security, and sustainability performance. This study contributes by providing an integrated conceptual understanding of the Digital Balanced Scorecard (DBSC) and offers practical insights for organizations in designing adaptive, data-driven performance management systems in the digital era.
Copyright (c) 2026 Mikanti Annisa Sugrining Rahayu, Toni Heryana, Aristanti Widyaningsih https://creativecommons.org/licenses/by/4.0
The Determining Factors of Sales Increase in Freight Forwarding Consolidation Goods in Jakarta, Indonesia
The main problems in this research were the expensive import shipment service by Non-Vessel Operating Common Carrier (NVOCC) and the poor import cargo service especially in the European and American countries. Meanwhile, this study aims to analyze the main variables such as custom clearance services, trucking services, NVOCC services that affect customer loyalty and customer satisfaction in Freight Forwarding companies. This research used Structural Equation Modelling-SmartPLS3 with the sample as many as 100 customers consisting of forwarders and cargo importers. In general, novelty in research is a new understanding of the factors that affect customer loyalty, especially in the transportation of goods, can also be considered something new. The results of the research data collection, the company needs to maintain and improve the quality of service through marketing strategies with appropriate direct selling statements carried out by the marketing of the Hyper Mega Shipping Company by inviting meetings at the customer's company. This study discusses nineteen hypotheses consisting of six exogenous variables at the port on customer satisfaction and loyalty. The key findings of this study, there are still weaknesses in the process of shipping imported goods, especially in updating the delivery of goods.
Copyright (c) 2026 Aftah Mawariza Pratama, Atong Soekirman, Prasadja Ricardianto; Sofwan Farisyi, Librita Arifiani; Indang Noerkajati https://creativecommons.org/licenses/by/4.0
Standard Time Measurement of Sugar Brown MSMEs in Payakumbu
Sugar Brown MSMEs was established in 2000 in West Sumatera, Indonesia. This MSMEs produces brown sugar. This MSMEs doesn’t have time standard in the production of brown sugar, the corporation is unable to precisely estimate the number of workers required based on the workload at each work station. Many hours are lost because employees have a lengthy amount of free time to work. In order for the business to identify effective working hours and boost productivity, as well as determine daily production, the research aims to investigate standard time by accounting for the average observation time and the typical amount of time needed for employees to finish the brown sugar production process. Time study is used in the qualitative research methodology. Primary data is the source of the data. A stopwatch is used to record working time data, and Westinghouse is the type of adjustment employed. After gathering data on employee working hours, the data is tested for consistency. Operator work is examined, operator working time is computed, the number of requests to be received is estimated, the workload of each work station is determined, and the number of workers is determined based on the workload. Result of the research found that the sap water collection activity yielded research data indicating that the time taken was 108.42 minutes on average, 89.98 minutes on normal, and 113.89 minutes on standard. The sap water boiling operation took an average of 7.92 hours, 6.57 hours on average, and 8.31 hours on standard. The standard time for the Brown sugar printing operation was 92.24 minutes, the normal time was 72.87 minutes, and the average time was 87.8 minutes. The packing operation took an average of 23 minutes, 19.09 minutes on average, and 24.16 minutes on average.
Copyright (c) 2026 Winny Alna Marlina, Armijal, Syaiful Anwar https://creativecommons.org/licenses/by/4.0
The Influence of Influencer Credibility and Message Type on Consumer Purchase Intention: The Mediating Role of Attitudes Toward Influencers
This study examines the influence of influencer credibility and message types on consumer purchase intention through attitude toward influencer. The purpose of this research is to understand how the credibility of influencers and the types of message delivered in social media promotions shape consumer attitudes and influence their intention to purchase promoted products. This study adopts a quantitative approach using Partial Least Square (PLS) analysis with SmartPLS version 4.0. Data were collected through a questionnaire from 200 respondents. The findings indicate that influencer credibility, which consists of attractiveness, trustworthiness, and expertise, has a positive and significant effect on purchase intention. In contrast, message types, including informative value and entertainment value, do not have a direct effect on purchase intention. However, both influencer credibility and message types significantly influence attitude toward influencer. Furthermore, attitude toward influencer has a positive and significant effect on purchase intention. These findings highlight the importance of influencer credibility in shaping consumer attitudes and encouraging purchase intention. They study provides insights for marketers to design more effective influencer marketing strategies by focusing on credible influencers and engaging message delivery.
Copyright (c) 2026 David Arya Veri Pradana, Erlita Ridanasti https://creativecommons.org/licenses/by/4.0
Factors Affecting the Interest of Accounting Students in West Sumatra in Becoming Sharia Auditors
This study aims to examine the influence of Islamic accounting knowledge, social environment, and labor market considerations on the interest of accounting students in West Sumatra to become Islamic auditors. The sampling technique used was convenience sampling, with 427 respondents obtained. The results of the study indicate that Islamic accounting knowledge and social environment do not have a significant influence on the interest of accounting students to become Islamic auditors. Meanwhile, labor market considerations and religious considerations have a positive influence on accounting students' interest in becoming Sharia auditors. The practical implications of this study include the need for universities, professional associations, and related institutions to provide learning opportunities for students regarding Sharia auditing, in order to improve the competence of future Sharia auditors.
Copyright (c) 2026 Mairisa Elvia, Vima Tista Putriana https://creativecommons.org/licenses/by/4.0
Safety Equipment Technology and Planned Maintenance Systems on the Performance of International Shipping Ship Crews
Research related to safety training, planned maintenance systems, and safety equipment technology in influencing ship crew performance by mediating work competency. The research method is quantitative, the data analysis method used is SEM – PLS. Correspondence of 90 crew members from PT. Pertamina International Shipping. The research results show that safety training influences competence, namely increasing life safety at sea and reporting the position of the ship when sailing via radio and GPS. The maintenance system influences work competency, the findings show that the ship maintenance planning procedures are running well. Safety equipment technology significantly positively influences work competency. Planned safety training can improve the quality of ship operational performance. The arranged upkeep framework appears great transport support administration that underpins the smooth operation of the transport to progress the execution of the ship's team. Security gear innovation impacts the execution of dispatch group, finding ideal security gear contributes to moving forward security and team execution. Work competency intercedes the positive and critical impact of security preparing, arranged support frameworks and security gear innovation on transport group execution. Work competency plays an important role as a mediator in the relationship between safety training, planned maintenance systems, and safety equipment technology and the performance of ship crew at PT. Pertamina International Shipping.
Copyright (c) 2026 Gusty Tandy Belo, Siti Maemunah , Yuliantini, Prasadja Ricardianto, Muhammad Thamrin https://creativecommons.org/licenses/by/4.0
The Influence of Differentiation Strategy on Competitive Advantage through Product Positioning, Moderated by Competition Intensity: A Study of O Coffee Kandis
Increasing competition in the coffee shop industry encourages businesses to develop differentiation strategies that can create competitive advantage. This study aims to analyze the effect of differentiation strategy on competitive advantage through product positioning, as well as to examine the moderating role of competitive intensity at O Coffee Kandis, Siak Regency, Riau. A quantitative approach was employed using a sample of 190 consumer respondents. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS 4.0 software. The results indicate that differentiation strategy has a positive and significant effect on product positioning (β = 0.105; p = 0.025) and competitive advantage (β = 0.121; p = 0.012). Product positioning partially mediates this relationship with a significant indirect effect. Competitive intensity shows a strong direct effect on product positioning (β = 0.777; p < 0.001) but fails to moderate the relationship between differentiation strategy and product positioning (β = 0.047; p = 0.311). The structural model explains R² = 0.64 for product positioning and R² = 0.45 for competitive advantage. These findings contribute to the marketing strategy literature by highlighting the importance of product positioning as a mechanism that bridges differentiation strategies in creating competitive advantage.
Copyright (c) 2026 Siska Devawati Pangaribuan, Hilda Wono https://creativecommons.org/licenses/by/4.0
The Impact of the Implementation of the Merit System on Independence, Justice and Transparency as KPK Law Enforcement Officers: Before and After Changes to the KPK Law Regarding Rewards and Punishments
This study aims to determine whether there is a relationship between the implementation of the merit system and the professionalism, commitment, competence, and objectivity of KPK investigators, and to determine the differences in professionalism, commitment, competence, and objectivity of KPK investigators before and after the implementation of the merit system. To this end, this study used a mixed research approach, distributing questionnaires and conducting interviews with several KPK employees. The planned number of respondents was 92 people, but only 60 people returned questionnaires that were eligible for analysis (response rate 65%). Hypothesis testing was conducted using non-parametric statistics Spearman Rank correlation and Wilcoxon difference test. Regression and also Qualitative Sequential Analysis were conducted to confirm the results. The results prove that the implementation of the merit system has a significant positive impact on aspects of professionalism, commitment, competence, and objectivity. This study also contributes to the consideration of policy formulation in an effort to improve the professionalism, commitment, competence, and objectivity of KPK law enforcement officers.
Copyright (c) 2026 Saidul Bahiyyah, Willem A. Makaliwe https://creativecommons.org/licenses/by/4.0
Auditor Experience and Fraud Detection Capability: Does Gender Still Matter? Evidence from Public Accounting Firms in Indonesia
Financial statement fraud remains a persistent challenge for the auditing profession, especially in developing countries amid governance dynamics. Auditors’ capacity to detect fraud hinges on professional competence, notably audit experience. Yet findings on how auditor gender interacts with experience to influence fraud-detection capability are inconsistent. This study investigates the effect of auditor experience on financial statement fraud detection capability and tests whether this effect differs between male and female auditors. Employing a causal design, we integrate Structural Equation Modeling based on Partial Least Squares (SEM-PLS) with Multi-Group Analysis (MGA) to assess gender differences. Data were collected via questionnaires from 78 auditors employed by accounting firms in Jakarta, Indonesia, using cluster random sampling. Results show that auditor experience exerts a positive and significant impact on fraud detection capability for both genders. This supports the view that experience functions as a professional learning mechanism, strengthening judgment, heightening sensitivity to fraud red flags, and improving fraud-risk assessment quality. However, the MGA-PLS analysis reveals no gender difference in the strength of the experience–fraud detection relationship. The findings imply that established auditing standards, rigorous documentation, and layered supervision may mitigate gender-based disparities in auditing practice, promoting comparable fraud-detection performance across male and female auditors globally.
Copyright (c) 2026 Lailah Fujianti, Meindro Waskito, Patriandari, Rianto https://creativecommons.org/licenses/by/4.0
Electronic Word of Mouth (e-WOM) and Purchase Intention: A Brief Look at the Last Decade by Bibliometrics
Electronic word of mouth (e-WOM) plays a crucial role in digital marketing by shaping consumer judgments and purchase decisions. This study conducts a bibliometric analysis of research on e-WOM and purchase intention published between 2015 and 2024. A total of 200 Scopus-indexed journal articles were analyzed using performance indicators, citation analysis, keyword co-occurrence, thematic clustering, and network visualization with VOSviewer. The findings reveal three development phases: emergence (2015–2017), rapid growth (2018–2020), and consolidation with a sharp increase in publications in 2023–2024. Influential journals and highly cited studies emphasize information helpfulness, review quality, and credibility as key predictors of purchase intention. Five thematic clusters were identified, covering consumer behavior, trust, social commerce, brand constructs, and information quality. The study confirms that e-WOM and purchase intention remain evolving research areas, highlights cross-cultural and longitudinal gaps, and provides structured directions for future theoretical and managerial development.
Copyright (c) 2026 Afifah Nur'aghnia Kusumadewi, Retno Widowati https://creativecommons.org/licenses/by/4.0
The Influence of Tourism Destination Components on Tourists’ Visit Intention from a Tourism Economics Perspective in Malioboro
Tourists’ visiting intention is an important indicator of destination sustainability and competitiveness. This study aims to analyze the effects of attraction, accessibility, amenities, and ancillary services on tourists’ visiting intention. A quantitative approach was employed using a survey method, in which primary data were collected through structured questionnaires distributed to tourists visiting the study destination. The data were analyzed using multiple linear regression, supported by partial significance testing (t-test) and simultaneous testing (F-test). The results indicate that all independent variables have a positive and statistically significant effect on tourists’ visiting intention. Among these variables, amenities show the strongest influence, followed by accessibility and ancillary services, while attraction has a significant but relatively weaker effect compared to the other variables. These findings suggest that tourists’ visiting intention is not solely driven by the attractiveness of the destination, but is largely determined by the quality of the experience perceived during the visit, particularly in terms of facility comfort and ease of access. Simultaneously, attraction, accessibility, amenities, and ancillary services are proven to have a significant combined effect on visiting intention, indicating that tourists’ decisions are shaped by the integrated interaction of multiple destination components. This study implies that destination development strategies should prioritize improvements in amenities and accessibility while maintaining the quality of attractions and ancillary services. The findings are expected to serve as a reference for destination managers and future researchers in developing tourism strategies that are oriented toward enhancing tourists’ experiences.
Copyright (c) 2026 Darini, Dessy Rachmawatie, Ahmad Ma'ruf https://creativecommons.org/licenses/by/4.0
The Effect of Village Government Competence and Whistleblowing System on the Prevention of Village Fund Fraud with Organizational Culture as a Moderating Variable
This study investigates the effect of village government competence and the whistleblowing system on the prevention of village fund fraud, with organizational culture as a moderating variable. This study employs a quantitative approach using a survey method. Data were collected through the distribution of questionnaires to respondents involved in village fund management in Central Buton Regency. A total of 67 respondents participated in the study, with a 100% response rate, allowing all data to be processed. The data analysis technique utilized Structural Equation Modeling based on Partial Least Squares. The results indicate that village government competence and the whistleblowing system have a positive effect on the prevention of village fund fraud. However, organizational culture is not proven to moderate the relationship between village government competence and the whistleblowing system on fraud prevention. These findings imply that enhancing village government competence and optimizing the implementation of the whistleblowing system are essential factors in strengthening fraud prevention efforts in village fund management.
Copyright (c) 2026 Maulidatun Nisa, Indira Januarti https://creativecommons.org/licenses/by/4.0
The Effect of Transfer Pricing on Tax Aggressiveness with Corporate Governance as a Moderator in Manufacturing Companies Listed on the Indonesia Stock Exchange from 2021 to 2023
This study analyzes the impact of transfer pricing on corporate tax aggressiveness with corporate governance as a moderating variable. The background of this study is the increasing practice of transfer pricing in multinational companies, which has an impact on tax avoidance and harms state revenue. This study uses the Joint Effects Model with Feasible Generalized Least Squares (FGLS) estimator and cross-sectional weights (PCSE) to address violations of classical assumptions. This study analyzes 127 observations from 43 companies listed on the Indonesia Stock Exchange during the period 2021-2023. The results show that transfer pricing has a positive and significant effect on tax aggressiveness at the 10% significance level, while corporate governance does not have a significant direct effect. However, the interaction between transfer pricing and good corporate governance shows a significant negative effect, meaning that the implementation of good corporate governance can reduce the positive impact of transfer pricing on tax aggressiveness. These findings emphasize the importance of strengthening good corporate governance to control risky transfer pricing practices and their implications for taxation policy.
Copyright (c) 2026 Lusiana Kaisha, Christina Juliana https://creativecommons.org/licenses/by/4.0
An Accounting Study of the Bhubuwan Tradition
Accounting has evolved beyond formal systems into social practices embedded in cultural and relational contexts. One example is the bhubuwân tradition in the Madurese community, a gift-giving practice in ceremonial events that involves structured economic mechanisms and record-keeping. However, this practice has rarely been examined from a contextual accounting perspective. Therefore, this study aims to examine accounting practices within the bhubuwân tradition using a contextual approach. This study employs a qualitative ethnographic method conducted in Jaddih Village, Bangkalan Regency. Data were collected through interviews, participant observation, and documentation, and analyzed using an ethnographic model to capture the meanings and practices developed within the community. The results show that bhubuwân embodies informal accounting functions, including recording, measurement, control, and accountability, which are documented in the ongghâân book. These practices operate through social mechanisms based on trust, norms, and reciprocity, supported by an organized social structure. Furthermore, bhubuwân has multidimensional meanings, functioning as social debt and credit, a collective funding mechanism, a form of contribution, and a long-term social investment. This study concludes that accounting in a cultural context functions not only as an economic tool but also as a social mechanism that maintains balance, justice, and the sustainability of social relationships within the community.
Copyright (c) 2026 Hafidha Raniz Syarifa, Ikhsan Budi Riharjo, Fidiana Fidiana https://creativecommons.org/licenses/by/4.0
Board of Director Characteristics and Financial Distress in the ASEAN Region: The Moderating Role of Sustainability Committee
This research is motivated by the emergence of the Covid-19 pandemic, which has caused a crisis for companies in various business sectors, potentially leading to financial distress. Board of director characteristics such as gender diversity, education, and tenure can be important aspects in navigating difficult circumstances. The sustainability committee is also a much-needed committee and is expected to strengthen board characteristics in mitigating financial distress. This study uses a quantitative approach with secondary data from 202 companies in the ASEAN region for the period 2020-2024. Data analysis was conducted using panel data regression, a moderated regression analysis, and robust standard error with the assistance of Eviews 12. The results show that gender diversity and education have no significant effect on financial distress, while tenure positively affects financial distress. The sustainability committee cannot moderate the effect of gender diversity and tenure on financial distress but can weaken the positive effect of education on financial distress. These findings indicate that financial distress can be reduced when the board of directors implements its intellectual insights together with the sustainability committee. However, companies should be wary of the average director tenure because it has the potential to increase financial distress.
Copyright (c) 2026 Fitri Damayani, Luk Luk Fuadah, Emylia Yuniarti https://creativecommons.org/licenses/by/4.0
Economic Value of Education in Gender Perspective: Regression Analysis of Women's Perceptions in Yogyakarta City
This study examines the economic value of education from a gender perspective by analyzing women’s perceptions in Yogyakarta City. It aims to identify the influence of experiences and information related to female education, perceptions of gender roles in economic participation, and perceptions of environmental support on the perceived economic value of education. A quantitative approach was employed using survey data collected from women respondents, analyzed through multiple linear regression. The results indicate that all variables have a positive and statistically significant effect on the perceived economic value of education. Experiences and information regarding female education are the most influential factors, followed by perceptions of gender roles and environmental support. Simultaneously, these variables explain a substantial proportion of the variation in women’s perceptions. The study concludes that the economic value of education for women is shaped by the interaction of personal experiences, social norms, and environmental support, highlighting the importance of integrated efforts to enhance the economic relevance of education for women.
Copyright (c) 2026 Darini, Dessy Rachmawatie, Ahmad Maruf https://creativecommons.org/licenses/by/4.0
Enhancing Banking Service Quality through Digital Transformation: A Strategic Analysis of a Regional Development Bank in Papua
Digital transformation has become a critical driver in enhancing banking service quality, particularly in regions characterized by infrastructural limitations and low digital literacy. This study aims to formulate strategic approaches to improving service quality through banking digitalization at a regional development bank in Papua, Indonesia. A qualitative case study approach was employed, utilizing semi-structured interviews and document analysis. Data were analyzed using SWOT and the Quantitative Strategic Planning Matrix (QSPM) to identify and prioritize strategic alternatives. The findings reveal that the most effective strategy is the development of inclusive and context-based mobile banking services, which enhance accessibility, operational efficiency, and customer satisfaction. The results demonstrate that successful digital transformation in geographically constrained regions depends not only on technological readiness but also on the organization’s ability to adapt to local socio-economic conditions and varying levels of digital literacy. This study contributes to the literature by extending the bank 4.0 concept into frontier regions through an adaptive and context-sensitive digital banking framework.
Copyright (c) 2026 Simon Giyai, Batara Maju Simatupang, R. Bambang Budhijana, Antyo Pracoyo https://creativecommons.org/licenses/by/4.0
Financial Behavior to Enhance Student Engagement in Cooperative Enterprise
The dwindling number of active cooperatives in Indonesia suggests the urgency of a revival effort, such as increasing involvement through better integration of youth in cooperative business operations. As one of the important groups, university students should be considered in sustaining and reviving the development of the cooperative system. This study investigates the factors affecting the engagement of students in cooperatives by identifying the effects of financial literacy, benefits perception, trust in the cooperative management system, and social norms, as well as the mediating effect of information exposure and the moderating effect of risk propensity. To achieve its objectives, this study used a quantitative explanatory research method through Partial Least Squares Structural Equation Modelling (SEM-PLS). Data were obtained from 404 undergraduate students using an online questionnaire. The results showed that the level of students' cooperation engagement was significantly affected by social norms and benefit perception. It means that social influence and the recognition of benefits should receive special attention in fostering participation in cooperative activities. Besides, financial literacy only has a direct impact on students' information exposure and does not significantly affect students' engagement. Moreover, trust and risk propensity have no significant effect, nor does the moderation of risk propensity.
Copyright (c) 2026 Adi Martono, Fadillah https://creativecommons.org/licenses/by/4.0
The Determinants of Rural Bank Profitability are Moderated by Credit Risk and Bank Size
This study aims to analyze the effect of capital adequacy and credit distribution on profitability, with credit risk and bank size as moderating variables, at Rural Banks in Bali during the 2020–2024 period. This study uses a quantitative approach, with the population consisting of all BPRs in Bali registered with the Financial Services Authority. The sample was determined using purposive sampling, resulting in 128 BPRs as the study sample over a five-year observation period, producing a total of 640 observations. Data were obtained through documentation techniques from the annual financial statements of the BPRs and analyzed using Moderated Regression Analysis (MRA) with the help of SPSS. The results indicate that capital adequacy, proxied by the Capital Adequacy Ratio (CAR), has a positive effect on profitability, proxied by Return on Assets (ROA). Meanwhile, credit distribution, proxied by the Loan to Deposit Ratio (LDR), has no significant effect on profitability. Credit risk, proxied by Non-Performing Loans (NPL), was found to weaken the positive effect of capital adequacy on profitability but did not moderate the relationship between credit distribution and profitability. Additionally, bank size was not proven to moderate the relationships between either capital adequacy or credit distribution and BPR profitability in Bali during the study period. These findings highlight the importance of managing capital alongside credit risk control to enhance the financial performance of BPRs.
Copyright (c) 2026 Ida Ayu Komang Alit Kencana Dewi, I Gusti Ngurah Agung Suaryana https://creativecommons.org/licenses/by/4.0
The Influence of Work Discipline, Employee Engagement, and Work Culture on Employee Performance at the Buleleng District Office
This study aims to determine the influence of work discipline, employee engagement, and work culture on employee performance. This research employs a quantitative approach using a survey method. The population in this study consists of all employees, with the sampling technique using a saturated sampling method. Data were collected through the distribution of questionnaires using a Likert scale. The data analysis technique used in this study is multiple linear regression analysis with the assistance of SPSS software. The results show that partially, work discipline has a positive and significant effect on employee performance. Employee engagement also has a positive and significant effect on employee performance. In addition, work culture has a positive and significant effect on employee performance. Simultaneously, work discipline, employee engagement, and work culture influence employee performance. The research model indicates that the independent variables are able to explain employee performance, although there are other factors outside the research model that also influence it.
Copyright (c) 2026 Kadek Budiarsana, Trianasari, Ni Made Ary Widiastini https://creativecommons.org/licenses/by/4.0
Gap Analysis of Competency-Based Work Training Programs at the UPTD BLK of Buleleng District
This study aims to analyze the gap in competency-based job training programs at the UPTD BLK of Buleleng Regency in improving the quality of human resources in accordance with industry needs. The background of this research is the mismatch between workforce competencies and the increasingly dynamic demands of the labor market. This study employs a descriptive qualitative approach with data collection techniques including observation, interviews, and documentation. The results indicate that the planning of training programs has not been fully based on sustainable industry needs. Instructor competencies are generally adequate, but still require improvement in adapting to technology and applying innovative learning methods. Training facilities are considered sufficient; however, they have not fully met modern industry standards. In addition, strategies to enhance human resource quality need to be strengthened, particularly in building partnerships with the business and industrial sectors (DUDI). The SWOT analysis reveals strengths in government support, weaknesses in limited facilities and lack of industry synergy, opportunities in the growing demand for skilled labor, and threats from increasing labor competition and rapid technological advancements.
Copyright (c) 2026 Ni Kadek Budiani, Ni Made Ary Widiastini, Kadek Rai Suwena https://creativecommons.org/licenses/by/4.0
Skill Mismatch and the Gendered Structuring of Women’s Labor Market Reintegration: A Comparative Analysis of Advanced and Developing Asian Economies
This research identifies the challenges faced by women when they want to return to work after caring for their baby, and how these challenges differ depending on the economic level of Asian countries. Founded on Gender Segmentation Theory, the research investigates how care systems and responsibilities limit employment opportunities, commonly leading women into unstable or informal employment. A systematic literature review was conducted in line with PRISMA guidelines, with searches carried out across major databases (Scopus, ScienceDirect, JSTOR and Google Scholar) in February 2026. A total of 20 relevant articles were selected from the 169 articles identified. The findings indicate that there are systemic limitations to labor reintegration. In advanced economies, women are primarily forced into non-regular employment due to continuous care responsibilities, while in developing countries, strict social norms often push them into informal or self-employment. Overall, the research suggests that current labour market regulations persist in exacerbating the gender gap. It emphasizes the urgent need for stronger re-entry pathways and inclusive policy frameworks across Asia to avoid the undervaluation of female human capital.
Copyright (c) 2026 Hyeseung LEE, Palupi Lindiasari Samputra, Kurniawaty Iskandar https://creativecommons.org/licenses/by/4.0
The Influence of Marketing Mix (7ps) on Consumer Satisfaction Digital MSMEs
This study aims to analyze the influence of the marketing mix (7Ps), consisting of product, price, place, promotion, people, physical evidence, and process, on consumer satisfaction in digital SMEs. A quantitative approach was employed by distributing questionnaires to digital SME consumers, and the data were analyzed using the Structural Equation Modeling-Partial Least Square (SEM-PLS) method. The findings reveal that three variables, namely product, place, and physical evidence, significantly affect consumer satisfaction. Products are perceived to meet consumer needs with sufficient variety and clear information, place emerges as the most dominant factor by providing easy access to shipping and payment information, ratings, and reviews, while physical evidence supports satisfaction through clear platform design and informative product visuals. In contrast, price, promotion, people, and process do not significantly influence satisfaction. These results indicate that digital SME consumers prioritize information accessibility, visual quality, and platform reliability over low prices or excessive promotion. The study offers practical implications for digital SMEs to strengthen visual presentation and information clarity while suggesting future research to incorporate variables such as digital trust and user experience to achieve more comprehensive findings.
Copyright (c) 2026 Hendra Kurniawan, Miguna Astuti, Rosali Sembiring, Heni Nastiti https://creativecommons.org/licenses/by/4.0