Advances in Management & Financial Reporting

Financial Risk Management Analysis in the Face of Market Uncertainty and Global Economic Instability

2026-04-15T09:54:05+07:00

Purpose: This study explores adaptive financial risk management strategies within the context of global economic uncertainty and market volatility. It focuses on how companies can enhance financial resilience by integrating technology and adopting flexible approaches to manage traditional and emerging risks.

Research Method: The study employs a systematic literature review (SLR) methodology, examining recent studies and foundational theories. This approach allows for the identification of effective adaptive strategies and the role of advanced technologies, including AI, big data analytics, and blockchain, in strengthening financial risk management.

Results and Discussion: The findings reveal that adaptive, technology-driven strategies significantly improve companies' responsiveness to market shifts and volatility. Tailored risk management approaches—specific to sectors and regions—are most effective in addressing conventional and emerging risks. Additionally, the study underscores the importance of a skilled workforce in operating modern risk management tools and highlights the value of flexible, data-driven frameworks.

Implications: The study suggests that companies integrate technology into risk management practices, invest in workforce training, and develop strategies tailored to their industry and geographic context. These insights provide practical guidance for companies seeking to enhance financial stability and resilience. Future research should expand on these findings by exploring adaptive practices across diverse sectors and regions to offer further insights.

The Role of Accounting Information Systems in Improving the Sustainability of Consumer Cooperatives in KPRI Sehat Rembang

2026-02-25T22:57:15+07:00

Purpose: This study examines the role of Accounting Information Systems (AIS) in supporting the sustainability of consumer cooperatives at KPRI SEHAT Rembang.

Research Method: A descriptive qualitative approach was employed. Data were collected through interviews, observation, and documentation involving the cooperative’s chairman, treasurer, and employees. The data were analyzed using data reduction, data display, and conclusion drawing, with triangulation applied to ensure validity.

Results and Discussion: The findings indicate that KPRI SEHAT Rembang has implemented an AIS based on Microsoft Excel to record transactions, manage savings and loans, and prepare financial statements. Although the system remains relatively simple and semi-manual, it has been applied consistently and provides financial information to support administrative activities, reporting, SHU calculation, and managerial decision-making.

Implications: The study suggests that even a simple AIS can strengthen financial management practices and contribute to cooperative sustainability. Further research may explore the effectiveness of more integrated digital accounting systems in improving cooperative performance.

Digital Transformation and Technological Innovation in the National Banking Sector: A Grounded Theory Approach

2025-12-02T21:29:04+07:00

Purpose: This study explores the dynamics of digital transformation and technological innovation in Indonesia’s banking sector by examining how innovation is created, adopted, and interpreted within banking organizations.

Research Method: A qualitative Grounded Theory approach was employed. Data were collected through in-depth interviews, non-participant observations, and document analysis at selected state-owned and Islamic banks in Makassar, Indonesia. Data were analyzed using open, axial, and selective coding, supported by constant comparison and theoretical memoing.

Results and Discussion: The findings show that sustainable digital transformation is shaped by the interaction of four main elements: leadership vision, organizational culture, technological integration, and human adaptability. These elements reinforce one another in directing strategy, fostering an innovation-oriented environment, and enabling employees to adjust to digital change. From these patterns, the study formulates the substantive theory of Adaptive Organizational Synergy.

Implications: This study enriches innovation and digital transformation literature by emphasizing organizational and interpretive dynamics. In practice, it provides guidance to policymakers and banking leaders on designing human-centered digital transformation strategies. Future studies are recommended to test this theory across regions, banking models, and wider digital ecosystems.

The Effect of Macroeconomic Uncertainty on Performance and Strategic Decisions of Companies in the Market

2026-04-15T09:56:59+07:00

Purpose: This study aims to explore the effects of macroeconomic uncertainty on corporate performance and strategic decision-making. By synthesizing existing research, it seeks to understand how firms navigate financial instability, adjust investment strategies, and adopt adaptive frameworks to mitigate the risks associated with economic volatility.

Research Method: This study employs a Systematic Literature Review (SLR) approach to analyze empirical findings from multiple industries and economic contexts. The study examines how firms manage risks and capitalize on emerging opportunities in uncertain market conditions by integrating diverse theoretical perspectives, including fundamental options theory, strategic flexibility, and digital transformation. Data from peer-reviewed journal articles and industry reports were analyzed to identify key trends and strategic responses to macroeconomic instability.

Results and Discussion: The findings reveal that financial instability, delayed investment decisions, and liquidity constraints are significant challenges that companies face during periods of economic uncertainty. However, firms with diversified portfolios, digital integration, and agile decision-making structures exhibit greater resilience. The study also highlights the role of AI-driven analytics and predictive modeling in enhancing corporate risk management. Corporate governance and risk mitigation strategies are also important in ensuring long-term business sustainability.

Implications: This study contributes to academic literature and managerial practice by reinforcing the need for data-driven strategic planning, flexible financial policies, and digital transformation to navigate macroeconomic uncertainty. Future research should investigate sector-specific responses and regional differences to refine corporate adaptation strategies.

Exploring Trends of Organizational Citizenship Behavior (OCB) Studies for Future Research: A Bibliometric Analysis

2026-03-16T02:36:10+07:00

Purpose: The objectives of this study are to analyze research trends in OCB, identify research gaps, and examine author collaboration patterns to understand the intellectual structure of OCB research.

Research Method: This study employs a quantitative bibliometric approach to examine the development of research on Organizational Citizenship Behavior (OCB). A total of 300 articles published between 2021 and 2026 were retrieved from the ScienceDirect database and analyzed using VOSviewer to map co-authorship and co-occurrence networks.

Results and Discussion: The findings indicate that: (1) Recent OCB research increasingly integrates psychological factors with organizational sustainability concerns; (2) future research should integrating OCB determinants across four key pillars namely leadership style, employee work attitudes, employee occupational health, and organizational policies; and (3) the analysis of author collaboration reveals the dominance of four major author clusters that collectively shape the intellectual structure of OCB research during the analyzed period.

Implications: The findings suggest that organizations should integrate strategic policies, such as Green HRM and ethical leadership, to encourage employees' voluntary behaviors effectively. Furthermore, this bibliometric mapping suggests that future research should explore untapped areas such as energy transition and informal learning.

Determinants of Student Consumer Behavior on the Shopee Online Shopping Platform

2026-04-24T07:03:54+07:00

Purpose: This study aims to analyze the determinants of consumer behavior among students at STIE Yapis Dompu regarding their use of the Shopee platform, by examining the influence of lifestyle, financial literacy, and social media.

Research Method: This study employs a quantitative, descriptive-associative design. Data were collected using a 5-point Likert scale questionnaire. A sample of 154 active students in the Management Program from the 2022–2025 cohorts was selected using purposive sampling from a population of 706 students, based on the criterion of having made at least two transactions on Shopee. Data analysis was conducted using SEM-PLS with SmartPLS.

Results and Discussion: The results indicate that lifestyle and social media positively influence consumer behavior, with social media being the dominant factor. Financial literacy also has a significant influence, but in a direction that does not align with the hypothesis, and thus does not serve as a moderator of consumer behavior in the digital context.

Implications: These findings confirm that lifestyle pressures and social media influence the effectiveness of financial literacy. Therefore, financial education needs to be developed in a more context-specific manner, taking into account behavioral aspects and the digital environment.

Village Fiscal Policies as an Instrument for Poverty Alleviation: An Empirical Study of the Island Regions of North Maluku, Indonesia

2026-03-06T13:01:38+07:00

Purpose: This study aims to analyze the effect of village fiscal capacity and regional macroeconomic dynamics on poverty reduction in North Maluku Province.

Research Method: A quantitative approach was applied using panel data regression analysis covering nine regencies/municipalities in North Maluku during 2017–2024. The independent variables include Village Fiscal Transfers, Village Expenditure, Village Literacy, Human Development Index, and Developing Village Index, while the dependent variable is the Poverty Rate.

Results and Discussion: The findings show that Village Fiscal Transfers and the Human Development Index have a significant effect on reducing poverty. Meanwhile, Village Expenditure, Village Literacy, and the Developing Village Index do not show significant effects. These results indicate that fiscal capacity and human development are key factors in improving village welfare, particularly in archipelagic regions. Interregional effects also reveal significant variation, where areas with stronger institutional capacity and better fiscal governance tend to experience faster poverty reduction.

Implications: The findings suggest that village fiscal policy should be strengthened through improved governance, human development programs, and more effective allocation of village funds. Further research may include institutional quality and spatial inequality variables.

Originality: This study contributes by integrating village fiscal variables and regional macroeconomic indicators in analyzing poverty reduction in an archipelagic province.

Determinants of Credit Default Among Generation Z Paylater Users in Pangkal Pinang City, Indonesia

2026-04-28T23:06:15+07:00

Purpose: This study aims to analyze the influence of financial literacy, individual income, and ease of access on credit default among Generation Z paylater users in Pangkal Pinang City.

Research Method: A quantitative associative approach was employed using data from 122 respondents selected through purposive sampling. Data were analyzed using multiple linear regression with SPSS 25.

Results and Discussion: The results show that financial literacy and ease of access have a significant negative effect on credit default. In contrast, individual income does not have a significant effect. Simultaneously, all variables significantly influence credit default, explaining 15.6% of the variance. These findings indicate that credit default behavior is associated with financial understanding and accessibility factors, although the explanatory power of these factors remains limited.

Implications: The findings provide indicative insights to help financial service providers and regulators enhance transparency and support financial education on digital credit usage. Future research is recommended to include behavioral and contextual variables.

Originality: This study contributes to the BNPL credit risk literature by providing empirical evidence from a local Indonesian context and highlighting behavioral and accessibility dimensions among Generation Z users.

Utilitarian Motivation and Promotions on Purchase Decisions: Perceived Value as a Mediating Variable Among TikTok Shop Users in Indonesia

2026-04-24T07:19:36+07:00

Purpose: This study examines the effects of utilitarian motivation and promotions on purchase decisions and tests the mediating role of perceived value among TikTok Shop social commerce users in Indonesia.

Research Method: This research used an explanatory quantitative design. Data were collected from 91 STIE Yapis Dompu students who actively use TikTok Shop. The sample size was determined using the rule of 5–10 times the number of observed indicators. The variables analyzed were utilitarian motivation, promotions, perceived value, and purchase decisions. Data were processed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS v3.

Results and Discussion: The findings show that utilitarian motivation and promotions have positive and significant effects on perceived value and purchase decisions. Perceived value also positively and significantly affects purchase decisions. However, perceived value does not significantly mediate the effects of utilitarian motivation and promotions on purchase decisions, although the indirect effects are positive. This indicates that TikTok Shop users tend to respond directly to practical benefits and promotional offers without extensive evaluation of value.

Implications: TikTok Shop businesses should emphasize promotional strategies that encourage quick purchases, such as flash sales and live discounts, while improving transaction convenience.