JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi)
JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi) is a free and open-access journal published by the Lembaga Komunitas Informasi Teknologi Aceh (KITA), Indonesia. JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi) is a scholarly journal dedicated to publishing research and case studies in the fields of economics, management, and accounting. This journal aims to serve as a platform for academics, researchers, and practitioners to share research findings, innovations, and best practices relevant to the advancement of knowledge in economics, management, and accounting. JEMSI adheres to an open access policy to accelerate the barrier-free dissemination of scientific knowledge, which can result in higher visibility and increased citation for authors' works. Manuscripts in Research, Literature review, Case study, Conceptual, Viewpoint, General review, and Book review are welcomed. Research with an interdisciplinary approach is highly preferred in this journal. All published article URLs will have a digital object identifier (DOI). You can access the manuscript format from the author guidelines. Download Manuscript Template: Template (English) Template (Indonesia)
Lembaga Komunitas Informasi Teknologi Aceh (KITA), Indonesia
Authors who publish with this journal agree to the following terms: 1. Copyright Retention and Open Access License Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0). This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. 2. Rights Granted Under CC BY 4.0 Under this license, readers are free to: Share — copy and redistribute the material in any medium or format Adapt — remix, transform, and build upon the material for any purpose, including commercial use No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed 3. Attribution Requirements All uses must include: Proper citation of the original work Link to the Creative Commons license Indication if changes were made to the original work No suggestion that the licensor endorses the user or their use 4. Additional Distribution Rights Authors may: Deposit the published version in institutional repositories Share through academic social networks Include in books, monographs, or other publications Post on personal or institutional websites Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution. 5. Self-Archiving and Pre-Print Sharing Authors are encouraged to: Share pre-prints and post-prints online Deposit in subject-specific repositories (e.g., arXiv, bioRxiv) Engage in scholarly communication throughout the publication process 6. Open Access Commitment This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.
Pengaruh Brand Awareness dan Kualitas Produk Terhadap Keputusan Pembelian Pada NF Store Metro
In an era of increasingly fierce business competition, a company's success is determined not only by the quality of its products but also by the strength of its brand in the minds of consumers. This study aims to determine the effect of Brand awareness and Product Quality on Purchasing Decisions at NF Store Metro. This study uses a quantitative approach with a causal associative research method. The population used in this study was all 4,000 NF Store Metro customers, with a sample size of 98 consumers. The data analysis methods used were validity testing, reliability testing, normality testing, multicollinearity testing, multiple linear regression analysis, t-test, and F-test. The Brand awareness variable (X1) has a regression coefficient of 0.205 with a significance value of 0.076 (>0.05). This indicates that Brand awareness (X1) has a partial positive effect on Purchase Decisions (Y). The Product Quality variable (X2) has a regression coefficient of 0.178 with a significance value of 0.149 (>0.05). This indicates that Product Quality (X2) also has a partial positive effect on Purchase Decisions (Y).
Copyright (c) 2026 Apriliani Putri, Hepiana Patmarina https://creativecommons.org/licenses/by/4.0
The Effect of Human Resource Digitalization on Employee Work Productivity: The Mediating Role of Digital Capability and the Moderating Role of Technological Adaptability
Digitalization reshapes public sector human resource management practices. This study aims to examine the effect of human resource digitalization on employee work productivity, with digital capability as a mediating variable and technological adaptability as a moderating variable in a public sector organization. The research adopts a quantitative explanatory approach and was conducted at the Regional Revenue Agency (BAPENDA) of Pesawaran Regency. Data were collected from 77 employees using a structured questionnaire and analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM). The results indicate that human resource digitalization has a positive and significant effect on employee work productivity. Digital capability is found to significantly mediate the relationship between human resource digitalization and productivity, indicating that productivity improvements occur when employees possess adequate digital skills. Furthermore, technological adaptability strengthens the influence of human resource digitalization on work productivity, suggesting that employees’ adaptive capacity enhances the effectiveness of digital transformation initiatives. Overall, the findings highlight that digitalization alone is insufficient without the development of employee digital capability and adaptability. This study contributes to the literature by integrating the Resource-Based View and the Technology Acceptance Model to explain how and under what conditions digitalization improves employee productivity in public sector organizations.
Copyright (c) 2026 Andri Octavia, Riswan Riswan, Muhammad Oktaviannur https://creativecommons.org/licenses/by/4.0
Pengaruh Brand Love Terhadap Purchase Decision Oreo pada Generasi Z di Kota Jayapura
This study aims to analyze the influence of brand love on purchase decisions for Oreo products among Generation Z in Jayapura City. Brand love, as a form of emotional attachment between consumers and brands, is seen as an important factor influencing purchasing behavior, especially among the younger generation, who are known to be responsive to brand identity, emotional experiences, and digital marketing activities. Although Oreo is a global brand with a high level of brand awareness, there has not been much research specifically examining how brand love is formed and to what extent these variables contribute to purchasing decisions for Generation Z in Eastern Indonesia, especially Jayapura City. The method used in this study is a quantitative method. The selected respondents were individuals included in the Generation Z category in Jayapura City. The results of the study indicate that brand love has a positive and significant influence on Oreo purchase decisions among Generation Z. This finding indicates that emotional closeness, interest, and positive experiences with the Oreo brand play an important role in driving purchasing decisions for Generation Z consumers in Jayapura City. The implications of the research indicate that companies need to strengthen emotional-based marketing strategies, create more interactive brand experiences, and strengthen images that are relevant to the identity of Generation Z. Thus, this research provides theoretical contributions in the development of consumer behavior studies as well as practical contributions for companies in designing strategies to maintain loyalty and improve purchasing decisions in local markets.
Copyright (c) 2026 Indra Eka Wardana Toii https://creativecommons.org/licenses/by/4.0
Pengaruh Pengungkapan Corporate Social Responsibility dan Good Corporate Governance Terhadap Nilai Perusahaan LQ45
This study aims to examine and analyze the effect of Corporate Social Responsibility (CSR) and Good Corporate Governance (GCG) disclosures on the value of LQ45 companies. This research applied purposive sampling with specific criteria, yielding 140 observations. The study utilized secondary data sourced from the Indonesia Stock Exchange (IDX) website. Data were analyzed using descriptive statistics and multiple linear regression analysis. The findings indicate that CSR disclosure, institutional ownership, managerial ownership, and the board of commissioners have a significant positive effect on firm value. In contrast, the audit committee variable shows no significant effect on corporate value.
Corporate Social Responsibility Disclosure
Copyright (c) 2026 Fera Lufhidarani Pranita, Maria Evy Purwitasari, Widiyono Widiyono, Mohammad Sigit adi Nugraha, Muntasir Muntasir https://creativecommons.org/licenses/by/4.0
Analisis Pengaruh PDRB Infrastruktur Jalan dan Ekspor Terhadap Investasi Asing di Indonesia Studi Kasus 34 Provinsi di Indonesia Tahun 2020-2024
Analysis of the Effect of GRDP, Road Infrastructure, and Exports on Foreign Investment in 34 Provinces in Indonesia in 2020–2024”. This study aims to analyze and identify the effect of Gross Regional Domestic Product (GRDP), road infrastructure, and exports on foreign direct investment (FDI) in Indonesia at the provincial level. The research method used is a quantitative approach with secondary data obtained from the Central Statistics Agency (BPS) and related agencies. The data used is panel data, namely a combination of time series data for 2020–2024 and a cross section of 34 provinces in Indonesia. The analysis technique used is panel data regression with the Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM) approaches, and model selection tests are carried out through the Chow test, Hausman test, and Lagrange Multiplier (LM) test. In addition, classical assumption tests and hypothesis tests are also carried out to ensure the validity of the research results. The results show that GRDP, road infrastructure, and exports have different effects on foreign investment in Indonesia, both partially and simultaneously, depending on the characteristics of each province. This finding indicates that improvements in economic indicators are not always followed by consistent increases in foreign investment in each region.
Copyright (c) 2026 Tanzil Ariansyah, Siti Hodijah https://creativecommons.org/licenses/by/4.0
Pengaruh Kesehatan Mental Terhadap Employee Engagement dan Kinerja (Studi Dinas Pemuda Olahraga dan Pariwisata)
The study aims to determine the Effect of Mental Health on Employee Engagement and Performance (Study of the Youth, Sports, and Tourism Office). The method used in this study is a correlational quantitative method carried out using 42 employees and staff of the Youth, Sports, and Tourism Office of North Luwu Regency. The research sampling technique uses a questionnaire and also uses SPSS Version 30 in processing the research data. These results indicate that Mental Health (X) simultaneously has a positive and significant effect on Employee Engagement (Y1) and Performance (Y2). And Employee Engagement (Y1) also has a positive and significant effect on Performance (Y2). In addition, Mental Health (X) has an indirect effect on Performance (Y2) but through Employee Engagement (Y1) as a partial mediator. This means that Mental Health not only increases employee engagement to work and the Organization, but also contributes to improving overall Performance. In addition, employee engagement has also been shown to have a significant effect on improving employee performance. Indirectly, mental health also improves performance through employee engagement. The better the mental health, the higher the employee engagement and performance, which ultimately has a positive impact on the organization as a whole.
Copyright (c) 2026 Radiyah Auliyah, Muhammad Kasran, Haedar Haedar https://creativecommons.org/licenses/by/4.0
Assessing Organizational Culture as A Mediator Between Leadership Style and Employee Performance in Public Sector Organizations
The primary purpose of this research is to examine the relationship between approach to management and workforce output; the secondary purpose is to examine the role of corporate culture in moderating this relationship in publicly traded organizations. The present study utilizes a quantitative methodology, employing primary data that was gathered via questionnaires. The population from which the sample of respondents was drawn comprised 208 employees. The Slovin formula was used to determine the sample of 137 respondents. The data analysis was executed using Partial Least Square through SmartPLS 3.2.9. This study suggested that leadership style has a favorable and substantial impact on employee performance and organizational culture. Organizational culture strongly and beneficially impacts employee performance. The style of leadership and workforce performance can be affected by corporate culture, according to the present study. These findings indicate that performance enhancement is influenced by two factors: the effectiveness of leaders in directing and motivating employees, and the organization's ability to establish consistent, adaptive, and supportive values, norms, and work behaviors. These factors contribute to the sustainable achievement of organizational goals. The findings underscore the significance of the interplay between leadership and organizational culture as the crux for enhancing work behavior, task execution effectiveness, and the attainment of institutional objectives in a more efficacious manner.
Copyright (c) 2026 I Gusti Ayu Panca Dewi, I Komang Oka Permadi https://creativecommons.org/licenses/by/4.0
The Mediating Role of Purchase Intention on Green Skincare Purchase Behavior
The skincare sector in Indonesia has experienced swift growth and has become an integral part of consumers' daily routines. This upward trend in usage has brought about concerns for the environment, prompting the introduction of green skincare options as a more sustainable choice. Even with this transition, enthusiasm for green products does not necessarily translate into corresponding purchase action. This study aims to examine the influence of product knowledge and environmental awareness influence purchase intentions and their effects on the purchase behavior regarding local green skincare items, treating purchase intention as a mediating factor. This study uses a quantitative approach through a survey of skincare users in Semarang City as the research population, with purposive sampling techniques applied to 180 respondents who meet the criteria of skincare consumers. The data is analyzed using SEM-PLS method. The findings indicate that both product knowledge and environmental concern significantly influence purchase intention, while purchase intention and environmental concern play a significant role in influencing purchase behavior. However, there is no direct influence of product knowledge on purchasing actions. Additionally, purchase intention serves as a mediator in the connections between product knowledge and purchase behavior, as well as between environmental concern and purchase behavior.
Copyright (c) 2026 Aisyah Rara Fauzia, Fredianaika Istanti https://creativecommons.org/licenses/by/4.0
Factor Service Quality, Harga dan Customer Satisfaction Terhadap Loyalitas Pelanggan (Studi Kasus Pada Balicosy Villa Legian Bali)
This research is motivated by customer dissatisfaction with the quality of service provided by Balicosy Villa Legian, such as the condition of the room that is not clean enough. In addition, the differences in the results of previous studies are also the reason for the researcher to conduct this research in a different place. The main problem in this research is related to the influence of service quality, price, and customer satisfaction on customer loyalty at Balicosy Villa Legian in Badung Regency. This study aims to analyze the influence of service quality, price, and customer satisfaction on customer loyalty at Balicosy Villa Legian in Badung Regency, both simultaneously and partially with 119 research samples. The research method used is a quantitative method with data collection techniques through questionnaires and data analysis using multiple linear regression analysis. The results of the study indicate that service quality, price, and customer satisfaction simultaneously have a positive and significant effect on customer loyalty with a calculated F value of 15.153 and a significant value of 0.000. Partially, service quality has a significant positive effect on customer loyalty with a calculated t value of 3.420 and a significant value of 0.001. Price has a significant positive effect on customer loyalty, with a calculated t-value of 3.356 and a significance level of 0.001. Customer satisfaction has a significant positive effect on customer loyalty, with a calculated t-value of 4.170 and a significance level of 0.000.
Copyright (c) 2026 Ni Komang Ayu, I Ketut Selamet, Ida Ayu Putu Santi Purnamawati https://creativecommons.org/licenses/by/4.0
Content Marketing, e-WOM, dan Brand Image Pengaruhnya terhadap Minat Beli Tucicakes
The digitalization era has shifted the role of social media to become a central axis in contemporary marketing practices. Social media no longer merely functions as a communication channel, but has become a strategic space that shapes public perceptions, interests, and consumption tendencies. This study aims to examine the extent to which content marketing, electronic word of mouth (e-WOM), and brand image influence consumer purchasing interest in Tucicakes products. The study subjects involved residents of South Denpasar aged at least 17 years who had been exposed to Tucicakes promotional content on social media and had purchasing experience. A total of 102 respondents were analyzed using a quantitative approach. Data processing was carried out through validity and reliability tests, classical assumptions, multiple linear regression analysis, and hypothesis testing with the F test and t test assisted by SPSS version 26. The research findings confirmed that these three variables have a positive and significant influence on purchasing interest, both simultaneously and partially.
Copyright (c) 2026 Gusti Ayu Putu Rani Lokahita, I Ketut Selamet, I Putu Iwan Pramana Putra https://creativecommons.org/licenses/by/4.0
Analisis Pengaruh Modal Usaha dan Pemahaman Akuntansi Terhadap Perkembangan Bisnis Kuliner UMKM di Kawasan Industri Terbesar di Indonesia (Studi Kasus Kabupaten Karawang)
The study focused on micro, small, and medium-sized enterprises (MSMEs) in the culinary sector of Karawang Regency, which is Indonesia's largest industrial region. The aim of the research was to assess how capital ownership and accounting knowledge affect the growth of MSMEs in this sector, given the limited access to capital for these enterprises. This study utilized a quantitative approach, gathering primary data through questionnaires. A total of 100 respondents participated in this research. The analysis was carried out using multiple linear regression with SPSS version 27. The results indicate that both capital ownership and understanding of accounting, either individually or simultaneously, influence the development of the culinary business sector among MSMEs in Karawang Regency.
Copyright (c) 2026 February Leonardo Zulkarnain, Karina Maunita Dewi https://creativecommons.org/licenses/by/4.0
Pengaruh Career Development, Self-Efficacy Terhadap Turnover Intention Yang Dimediasi Oleh Organizational Commitment di PT. XYZ
This study was conducted at PT XYZ to identify the relationship between career development, self-efficacy, organizational commitment, and turnover intention. Turnover that occurred in the period April 2024 - March 2025 can disrupt the company's performance. The purpose of this study is to determine the main factors causing turnover. Data were analyzed using Partial Least Square (PLS) with the Structural Equality Model (SEM) technique through SmartPLS 4.1.1.1 software to evaluate validity, reliability, and relationships between variables. The sample was 98 employees from 130 employees at PT XYZ, and the Solvin formula was used to determine the sample size with a 5% error tolerance level or 0.05. The results of the study found that Career development influences organizational commitment and turnover intention with P values of 0.000 and 0.023, self-efficacy influences organizational commitment and turnover intention with P values of 0.000 and 0.001, and career development influences turnover intention through organizational commitment with P value of 0.007, and self-efficacy influences turnover intention through organizational commitment with P value of 0.000. The findings show that Organizational Commitment can mediate the relationship between Career Development, Self-Efficacy and Turnover Intention at PT XYZ, companies need to increase employee commitment by conducting more intensive training and creating a communication forum between the organization and employees.
Copyright (c) 2026 Yatin Rosid, Nur Fauzan Iskandar, Rini Rohayani, Retno Purwani Setyaningrum https://creativecommons.org/licenses/by/4.0
Pengaruh Manajemen Karir, Worklife Balance Terhadap Retensi Karyawan dengan Moderasi Kepemimpinan (Studi pada Pilot PT Garuda Indonesia)
Employee retention is one of the biggest challenges faced by companies in today's increasingly competitive workplace, especially in the aviation sector, which is characterized by high training costs, demands for maintaining flight safety, and disruptions to flight operations. Therefore, companies need to retain their pilots so they didn't move to other companies. This study aims to analyze the influence of career management and work-life balance on employee retention, moderated by leadership at PT Garuda Indonesia. This study uses a quantitative approach with a causal approach. The population of this study consisted of all 483 B 737 pilots at PT Garuda Indonesia, using a probability sampling technique. Data were collected through questionnaires distributed to randomly selected respondents. Data analysis was carried out using SEM (Structural Equation Model) with the PLS (Partial Least Square) approach to test the relationship between existing variables. Data analysis in this study includes the outer model, inner model, and hypothesis testing. The results showed that career management has a positive and significant effect on employee retention. Work-life balance has a positive and significant effect on employee retention. Leadership does not moderate the effect of career management on employee retention. Similarly, leadership does not moderate the effect of work-life balance on employee retention.
Copyright (c) 2026 Rhizky Dirga Pratama, Yuni Kasmawati https://creativecommons.org/licenses/by/4.0
Peran Kepuasan Peserta Sebagai Variabel Mediasi Dalam Pengaruh Kualitas Pelayanan dan Komunikasi Field staff Terhadap Efektivitas Program Fasilitasi Pendampingan Usaha Akses Reforma Agraria Tahun 2025
This study aims to examine the influence of service quality and communication of Field staff on the effectiveness of the Business Assistance Facilitation Program within Agrarian Reform, with participant satisfaction as a mediating variable. The study is motivated by the need to ensure that agrarian reform programs not only focus on asset legalization but also support sustainable economic empowerment for beneficiary communities. A quantitative approach was employed using a survey of program participants who directly interacted with Field staff as technical implementers in the field. The findings indicate that service quality and communication do not directly determine program effectiveness but operate through participant satisfaction as a response to the assistance process. This study emphasizes that business assistance should not be interpreted as a reflection of limited community capacity, but rather as a facilitative and coordinative mechanism to strengthen existing economic potential, indicating that program effectiveness depends on institutional role alignment, participatory service approaches, and respect for community autonomy.
Copyright (c) 2026 Syekh Ja’far Shodiq, Yuni Kasmawati https://creativecommons.org/licenses/by/4.0
Pengaruh Kepentingan Investor, Kreditur, Supplier dan Struktur Modal Terhadap Kualitas Akrual
The quality of accruals is an important indicator in assessing the reliability of a company's financial statements. This study aims to analyze the influence of investors, creditors, suppliers, and capital structure on the quality of accruals in healthcare and transportation & logistics sector companies listed on the IDX for the 2019–2023 period. This study uses a quantitative approach with the purposive sampling method, resulting in 31 companies as a sample with a total of 74 observations of the company's financial statements. Data analysis was carried out using multiple linear regression. The results of the study show that investor interests have a significant effect on the quality of accruals with a significant value of 0.014<0.05. Creditors' interests have a significant effect on the quality of accruals with a significant value of 0.003<0.05. The interests of suppliers have a significant effect on the quality of accruals with a value of 0.00<0.05. Meanwhile, the capital structure did not have a significant effect on the quality of accrual with a value of 0.490>0.05.
Copyright (c) 2026 Gina Nur’alia, Rini Indriani https://creativecommons.org/licenses/by/4.0
Pengaruh Profitabilitas Terhadap Harga Saham Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2021-2024
This study aims to analyze the effect of Net Profit Margin (NPM), Earning Per Share (EPS), Gross Profit Margin (GPM), Return on Assets (ROA), and Return on Equity (ROE) on stock prices in mining companies listed on the Indonesia Stock Exchange (IDX) for the period 2021–2024. This study uses a quantitative method with an associative approach and purposive sampling technique, resulting in 76 observations. Data analysis was performed using descriptive statistics, classical assumption tests, multiple linear regression, t-tests, F-tests, and the coefficient of determination with the help of SPSS version 27. The results show that, partially, NPM and GPM have a significant effect on stock prices, while EPS, ROA, and ROE do not have a significant effect. Simultaneously, all independent variables significantly affect stock prices with a significance value of 0.011 (<0.05). The coefficient of determination (R²) value of 0.092 indicates that the independent variables can explain 9.2% of the variation in stock prices, while 90.8% is influenced by other factors outside the research model.
Copyright (c) 2026 Deswita Erya Kumala Sari, Alva Yenica Nandavita, Thoyibatun Nisa, Witantri Dwi Swandini https://creativecommons.org/licenses/by/4.0
Work-Life-Balance and Digital Transformational Leadership Effects on Organizational Commitment Through Job Satisfaction for Hybrid Work Environment in Indonesia
This research were made to analyze and examine the effects of Work-Life-Balance and Digital Transformational Leadership on Organizational Commitment through the mediating roles of Job Satisfaction for hybrid work in Indonesia. This research were using survey research were used for data collecting, quantitative apprroach for analythic approch, and associative causal research for explanatory research. Population in this research consist of all every potential and real worker within in Indonesia, particulary who are working hybrid with the sample size for this research is 132 respondents. Non probability sampling were used in this research and purposive sampling were used with the following criteria of who aged above 17 years old, Indonesian citizen, work within Indonesia, and who have work in hybrid environment after pandemic at least 6 months. This research highlight the crutial role of hypotheses, which the result shows that Work-Life-Balance and Digital Transformational Leadership both have significant positive effects on and Organizational Commitment through Job Satisfaction among Indonesian hybrid employees, indicating that better balance and leadership enhance its commitment mainly through enhanced satisfaction. Whereas the Job Satisfaction mediates Digital Transformational Leadership stronger than Work-Life-Balance. Practically, employees ought to manage clear work-life boundaries, while the companies formalize the flexible hybrid policies. At last, it is recommended to include diverse samples and variables in hybrid work settings.
Digital Transformational Leadership (DTL)
Copyright (c) 2026 Alessandro Alessandro, Ramadhania Ramadhania, Efa Irdhayanti, Ahmad Shalahuddin, Pramana Saputra https://creativecommons.org/licenses/by/4.0
Pengaruh Gaya Hidup Digital dan Persepsi Kemudahan terhadap Penggunaan E-Wallet pada Generasi Z di Provinsi Bali
This study examines the influence of digital lifestyle and perceived ease of use on E-wallet usage among Generation Z in Bali Province. The study involved 100 Gen Z respondents who had used E-wallets within the last three months. A quantitative approach was applied using multiple linear regression analysis, supported by classical assumption tests, as well as F-test and t-test. The results reveal that both digital lifestyle and perceived ease of use significantly affect E-wallet usage, both partially and simultaneously. These findings indicate that higher digital engagement and greater perceived ease of use contribute to increased adoption of E-wallet services among Generation Z. The study emphasizes the importance of improving user-friendly features and digital integration to support financial technology adoption. Therefore, E-wallet providers are encouraged to continue innovating, enhance usability, and expand promotional efforts and partnerships to increase usage among Generation Z in Bali.
Copyright (c) 2026 I Putu Sendy Wiranata, I Komang Putra, I Ketut Darma https://creativecommons.org/licenses/by/4.0
Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Dengan Good Corporate Governance Sebagai Variabel Moderasi
This study aims to analyze the effect of Intellectual Capital on financial performance, proxied by Return on Assets (ROA) and Return on Equity (ROE), with Good Corporate Governance (GCG) as a moderating variable. This study uses 65 samples of banking sector companies listed on the Indonesia Stock Exchange during the period 2020–2024. The research adopts a quantitative approach using secondary data obtained from audited annual financial statements and annual reports. The analysis is conducted using panel data regression with the assistance of EViews 13 software, including the selection of the best model (CEM, FEM, REM) through the Chow test and Hausman test, as well as classical assumption tests and hypothesis testing. The results show that Intellectual Capital has a positive effect on ROA and ROE, indicating that the more optimal the management of a company's intellectual assets—such as knowledge, skills, and innovation—the greater the company's ability to generate profits from both its assets and equity. However, Good Corporate Governance is not able to moderate this relationship, meaning that the implementation of good corporate governance has not been proven to strengthen the effect of Intellectual Capital on financial performance. This suggests that although GCG has been well implemented, its role tends to function more as a monitoring mechanism rather than as a factor that enhances the effectiveness of Intellectual Capital utilization. These findings imply that improvements in banking financial performance are more directly influenced by the optimization of Intellectual Capital rather than through its interaction with GCG. Therefore, companies need to focus more on the strategic management of intellectual resources while maintaining the quality of corporate governance. This study is expected to contribute to managers and investors in understanding the factors influencing the financial performance of banking companies in Indonesia.
Copyright (c) 2026 Nazwa Hana Faradila, Menik Indrati https://creativecommons.org/licenses/by/4.0
Dampak Empowering Leadership, Psychological Empowerment, Job Satisfaction Dan Emotional Intelligence Terhadap Organizational Commitment Tenaga Kesehatan Generasi Z Di Rumah Sakit
The low level of organizational commitment among Generation Z healthcare workers has become a serious challenge for hospitals in maintaining service sustainability and quality. This study aims to analyze the effect of empowering leadership on psychological empowerment, job satisfaction, and emotional intelligence, as well as their impact on the organizational commitment of Generation Z healthcare workers in hospitals. This study adopts a quantitative approach using a survey method. The population consists of Generation Z healthcare workers employed in hospitals, with a sample of 165 respondents working in hospitals in the Jakarta region. Data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The results indicate that empowering leadership has a positive effect on psychological empowerment, job satisfaction, and emotional intelligence. Furthermore, psychological empowerment, job satisfaction, and emotional intelligence are proven to have a positive effect on organizational commitment. These findings highlight that empowering leadership plays a strategic role in fostering positive psychological conditions and enhancing organizational commitment among Generation Z healthcare workers. Practically, this study provides managerial implications for hospitals in developing adaptive leadership styles, strengthening psychological empowerment, and managing emotional well-being to improve loyalty and organizational commitment among Generation Z healthcare workers.
Copyright (c) 2026 Diah Kurnia Yussela, Rojuaniah Rojuaniah https://creativecommons.org/licenses/by/4.0
Optimizing Receiving Operations in the Hospitality Industry: A Case Study of Sensory Validation and Supplier Accountability at Hotel New Saphir Yogyakarta
The purpose of this study is to examine the strategies employed by Hotel New Saphir Yogyakarta in addressing operational challenges within the receiving process, specifically concerning quantitative discrepancies, delivery delays, and quality non-compliance. We adopted a qualitative single case study design, utilizing participant observation over a four-month period and semi-structured interviews with the Chief Accountant, Purchasing Officer, and Receiving Officer. We also analyzed internal documents such as Market Lists, Bin Cards, and invoices to verify procurement accuracy. Our findings reveal that the hotel successfully mitigates procurement risks through a combination of rigorous sensory validation protocols—such as olfactory and gustatory tests for perishable goods—and a graduated three-strike supplier warning system. We found that cross-departmental communication acts as a vital real-time feedback loop, ensuring that discrepancies in weight or quality are addressed through immediate negotiation rather than simple rejection. This research provides original value by highlighting the indispensable role of human sensory expertise as a qualitative filter that complements digital inventory metrics in high-standard hospitality environments. While limited to a single organizational context, the study offers practical implications for practitioners to institutionalize organoleptic standards and structured supplier discipline to safeguard operational integrity.
Copyright (c) 2026 Muhammad Aji Farhan Naja, Dessy Isfianadewi https://creativecommons.org/licenses/by/4.0
Peran Literasi Keuangan Digital, Pendidikan, Sikap Keuangan, dan Pendapatan Terhadap Pengelolaan Keuangan Generasi Sandwich di Kabupaten Indramayu
The phenomenon of the sandwich generation is increasingly prominent in Indramayu Regency with the increasing burden on the family economy and the development of digital financial services. This generation is at a productive age but has to bear the needs of two generations at once, so financial management skills are very crucial. This study aims to examine the influence of the role of digital financial literacy, education, financial attitudes, and income on the management of the sandwich generation in Indramayu Regency . This study applied a quantitative approach with purposive sampling technique on 115 respondents after screening. Data was collected through a Likert scale questionnaire and analyzed using the Partial Least Squares – Structural Equation Modeling (PLS-SEM) method with the help of SmartPLS 4. The results of the study explained that financial attitudes and income have a positive and significant effect on financial management. In contrast, digital financial literacy and education did not show a significant influence. The R-Square value of 0.592 explains that the model has moderate explanatory ability. These findings indicate that behavioral factors and actual economic conditions determine the quality of financial management of the sandwich generation more than formal knowledge and digital literacy.
Copyright (c) 2026 Rosita Rosita, Pradana Jati Kusuma, Rudi Kurniawan, Amalia Nur Chasanah https://creativecommons.org/licenses/by/4.0
Akuntabilitas dan Transparansi Keuangan sebagai Imperatif Moral: Tinjauan Etika Deontologis Kant terhadap Kinerja Pegawai KSP Kopdit Obor Mas Maumere
This study analyzes the influence of accountability and financial transparency on employee performance at KSP Kopdit Obor Mas Maumere using Immanuel Kant’s deontological ethics as a theoretical framework. A mixed methods approach was employed, combining quantitative surveys and in-depth interviews. Quantitative data were analyzed using multiple linear regression, while qualitative data were examined through thematic analysis to enrich the statistical interpretation. The findings reveal that accountability (sig. 0.001 < 0.05) and financial transparency (sig. 0.000 < 0.05) have positive and significant effects on employee performance, both partially and simultaneously, explaining 77.1% of performance variation. Financial transparency demonstrates a more dominant influence than accountability. Qualitative results confirm that audit practices, Annual Member Meetings (RAT), financial disclosure, and accurate data provision have been institutionalized as moral obligations rather than merely administrative mechanisms. From a Kantian categorical imperative perspective, accountability and transparency are practiced as universal duties grounded in honesty, responsibility, and respect for members as moral subjects. This study highlights that cooperative governance rooted in moral obligation not only strengthens organizational integrity but also substantially enhances employee performance.
Copyright (c) 2026 Yohanes Gualberthus Embu Geju, Eugenius Besli https://creativecommons.org/licenses/by/4.0
Navigating Sustainable Fashion: The Impact of Social Media Marketing on Purchase Intention Through Brand Engagement and Brand Image in UNIQLO’s RE.UNIQLO Recycled Fashion in Indonesia
Effective marketing strategies are important to promote sustainable fashion due to increasing environmental awareness beyond Indonesians’ customers. This research using quantitative approach by structured questionnaire, non-probability sampling were used, which were purposive sampling, with the following criteria of who aged above 17 years old, Indonesian citizens, ever heard or saw about UNIQLO’s RE.UNIQLO program from UNIQLO’s social media platform (Instagram). This research is expecting to finds the effective strategies for UNIQLO and other industries that related by identified the effective Social Media Marketing strategies which could increase Brand Engagement and Brand Image to increase customers’ Purchase Intention on UNIQLO’s RE.UNIQLO recycled fashion products in Indonesia. This research found that Social Media Marketing significantly enhances Brand Engagement, Brand Image, and Purchase Intention, whereas Brand Engagement serving as a strong positive mediators, while Brand Image shows a negative effects due to the factors like price sensitivity and low awareness of sustainable fashion. Therefore, UNIQLO still should intensively advertising RE.UNIQLO recycled fashion across platforms, while stakeholders fund training and nationwide recycling campaigns. Lastly, further research ought to examine diverse variables in-terms of enhance the actual buyers on sustainable fashion products.
Copyright (c) 2026 Veneranda Baby Viola Tio, Mustaruddin Mustaruddin, Ana Fitriana, Erna Listiana, Ahmadi Ahmadi https://creativecommons.org/licenses/by/4.0
Analisis Rasio Likuiditas Dan Rasio Solvabilitas Terhadap Profitabilitas Pada Perusahaan Sub Sektor Food & Staples Retailing
This study aims to analyze the influence of liquidity ratios and solvency ratios on profitability in companies within the Food and Staples Retailing sub-sector listed on the Indonesia Stock Exchange (IDX) for the period 2021–2024. The independent variables in this study are Current Ratio (CR) and Debt to Equity Ratio (DER), while the dependent variable is Return on Assets (ROA). The study uses secondary data in the form of annual company financial reports, employing multiple linear regression analysis and purposive sampling techniques for sample determination. The results indicate that partially, CR has a positive and significant effect on ROA, while DER has a negative and insignificant effect on ROA. Simultaneously, CR and DER influence ROA. The coefficient of determination value shows that the independent variables can explain part of the profitability variation, while the rest is influenced by other variables outside the research model. This study concludes that good capital structure management plays a role in maintaining the company's profitability level.
Copyright (c) 2026 Dina Nurseva Putri, Yeni Rafika Nengsih, Anne Putri https://creativecommons.org/licenses/by/4.0
Pengaruh Dukungan Organisasi dan Kepuasan Kerja Terhadap Retensi Karyawan Pada Home Industry Percetakan Jasa Cetak Satria Semarang
This study aims to examine the effect of organizational support and job satisfaction on employee retention at Home Industry Percetakan Jasa Cetak Satria. Employee retention is a crucial factor for business sustainability, as it is closely related to workforce stability and operational effectiveness, particularly in small-scale enterprises. The population of this study consists of all 35 active employees of Home Industry Percetakan Jasa Cetak Satria. A quantitative approach was employed, with a census method used for sampling. Data were collected through questionnaires using a five-point Likert scale and analyzed using multiple linear regression. The results show that organizational support has a positive and significant effect on employee retention with a significance value of 0.011, while job satisfaction also has a positive and significant effect with a significance value of 0.040. This study confirms that improving organizational support and job satisfaction can enhance employee retention.
Copyright (c) 2026 Rossiana Octa Attika, Sri Suprapti, Gita Sugiyarti, Syahtri Wardana Priyambodo https://creativecommons.org/licenses/by/4.0
Analisis Tata Kelola Strategis dalam Mendukung Keberlanjutan Dana Pensiun Skala Kecil di Indonesia
Indonesia’s pension fund industry has shown relatively stable asset growth in recent years; however, small-scale pension funds (Group IV) have experienced a decline in the number of entities and increasing sustainability pressures. This situation reflects an institutional capacity gap within the financial services industry, particularly regarding the ability of smaller institutions to meet governance, risk management, and regulatory compliance requirements. Previous studies have largely focused on investment performance and actuarial solvency, while research examining the sustainability of small pension funds from a strategic governance perspective remains limited. This study aims to examine the factors affecting the sustainability of Group IV pension funds and to identify strategic governance approaches suitable for small-scale pension fund institutions. The study employs a descriptive qualitative approach using Financial Services Authority reports, pension regulations, and relevant governance and risk management literature. The findings indicate that sustainability pressures are primarily associated with limited economies of scale, human resource constraints, regulatory compliance complexity, and insufficient information system support. Furthermore, a gap exists between the regulatory framework of the industry and the implementation capacity of small pension institutions. Therefore, a proportional, adaptive, and risk-based strategic governance approach is required to strengthen the sustainability of small pension funds in Indonesia.
Copyright (c) 2026 Nur Rahmawati, Catur Iswahyudi, Saiful Huda, Eska Almuntaha https://creativecommons.org/licenses/by/4.0
Evaluasi Kepuasan Customer Dan Kinerja Tim Manajemen Di PT. Human Resource Strengthening Sukses Istimewa
This study aims to evaluate the performance of the management team and customer satisfaction levels at PT. Human Resource Strengthening Sukses Istimewa. The method used in this study is a survey with a descriptive research design using a quantitative approach. The population in this study consists of 60 customers who have used the services of PT. Human Resource Strengthening Sukses Istimewa, while the sampling technique used in this study is purposive sampling. The data collection instrument used in this study was a questionnaire in the form of a Google form with 27 questions, and the data was measured using a Likert scale of SS, S, N, TS, and STS, which had undergone validity and reliability tests. The results of the study based on the instruments used were declared valid and reliable with a Cronbach's Alpha of 0.989. The results of the study show that the performance of the management team of PT. Human Resource Strengthening Sukses Istimewa achieved a level of 85%, which is classified as very satisfied. In addition, the level of customer satisfaction was also at 86%, which is classified as very satisfied. However, the analysis results show that there are still several indicators that are not optimal, particularly in responding to customer complaints and service consistency. These findings indicate that improvements in the evaluation system and strengthening of internal coordination are needed to maintain customer satisfaction stability and increase the company's competitiveness. This study provides empirical contributions to the development of customer satisfaction-based service management in human resource development service companies.
Copyright (c) 2026 Fata Azima Alkautsar, Muhammad Arief Setiawan, Deden Akbar Izzuddin, Habibi Hadi Wijaya, Kosasih Kosasih https://creativecommons.org/licenses/by/4.0
Pengaruh Harga Batubara Acuan (HBA) dan Debt to Equity Ratio (DER) Terhadap Harga Saham Perusahaan Energi Subsektor Batubara Yang Terdaftar di BEI Periode 2020-2024
This study aims to analyze the conditions of the Benchmark Coal Price (HBA), Debt to Equity Ratio (DER), and stock prices, as well as to examine the correlation and influence of HBA and DER on stock prices, both partially and simultaneously, in coal subsector companies listed on the Indonesia Stock Exchange for the 2020-2024 period. This study uses a quantitative approach with descriptive and verification analysis methods and path analysis techniques. Secondary data were obtained from the Indonesia Stock Exchange, the Ministry of Energy and Mineral Resources, and company financial reports. The research sample consisted of 5 coal subsector companies selected using a purposive sampling technique, with a total of 100 quarterly observation data. Data processing was carried out using SPSS 26 software. The results showed that there was no correlation between HBA and DER. Partially, HBA had a positive and significant effect on stock prices, while DER had a negative and significant effect on stock prices. Simultaneously, HBA and DER had a significant effect on stock prices, indicating that stock prices were influenced by commodity price dynamics and company capital structure.
Copyright (c) 2026 Andri Fabian Mahardika, Dedi Mulyadi, Santi Pertiwi Hari Sandi https://creativecommons.org/licenses/by/4.0
Analisis Bibliometrik Return on Assets dan Firm Value Berbasis Data Scopus 2020–2025
This study aims to map the development of literature on Return on Assets (ROA) and Firm Value during the period 2020–2025. ROA is considered a profitability indicator that reflects operational efficiency and serves as a signal for investors in assessing corporate prospects. The method employed is bibliometric analysis using VOSviewer software through a keyword co-occurrence approach based on Scopus data. The findings reveal a significant increase in publications, with ROA consistently occupying a central position in explaining Firm Value. Cluster analysis confirms that profitability, particularly ROA, is a fundamental node in the research ecosystem of corporate financial performance. These results strengthen the literature by emphasizing that Firm Value is inseparable from profitability, and ROA is the most relevant indicator to explain this relationship. This study contributes to the literature by highlighting the strong linkage between ROA and Firm Value across both developed and emerging markets. The practical implications suggest that companies should adopt ROA as a key reference in strategies to enhance firm value, while regulators are encouraged to improve financial reporting transparency to increase market trust in ROA.
Copyright (c) 2026 Siti Rahmatan, Muh. Irfandy Azis, Mohamad Nur Utomo, Irawati HM https://creativecommons.org/licenses/by/4.0