Advances in Management & Financial Reporting

The Influence of Self-Efficacy and Emotional Intelligence on Employee Work Productivity

2026-07-04T14:16:35+07:00

Purpose: This study examines the partial and simultaneous effects of self-efficacy and emotional intelligence on employee work productivity at PT. Suraco Jaya Abadi Motor Mamuju. It hypothesizes that both psychological factors positively and significantly influence employee productivity.

Research Method: A quantitative causal-associative design was employed. The study involved all 34 permanent employees selected through census sampling. Data were collected using a structured five-point Likert-scale questionnaire and analyzed using validity and reliability tests, classical assumption tests, multiple linear regression, t-tests, an F-test, and the coefficient of determination with SPSS.

Results and Discussion: Self-efficacy positively and significantly affected work productivity (β = 0.425; t = 3.842; p = 0.001). Emotional intelligence also had a positive and significant effect (β = 0.388; t = 3.115; p = 0.004). Simultaneously, both variables significantly influenced employee productivity (F = 24.615; p < 0.001). These findings demonstrate that confidence in completing work tasks and the ability to manage emotions strengthen employee effectiveness and productivity.

Implications: Management should provide self-development, coaching, emotional management, and interpersonal communication programs. Future studies should examine broader samples and additional determinants of productivity.

Originality: This study integrates self-efficacy and emotional intelligence in explaining employee productivity within an automotive dealership context in West Sulawesi.

Cost-Volume-Profit Analysis as a Tool for Financial Resilience Amid Macroeconomic Volatility: Empirical Evidence from PT Wilmar Cahaya Indonesia Tbk

2026-07-02T10:12:18+07:00

Purpose: This study aims to analyze the Break-Even Point (BEP) and Margin of Safety (MOS) as Cost-Volume-Profit (CVP) indicators for evaluating sales safety and profit planning at PT Wilmar Cahaya Indonesia Tbk (CEKA) during 2022–2024.

Research Method: A descriptive quantitative case study was employed using audited annual financial statements as secondary data obtained from the Indonesia Stock Exchange. Cost accounts were classified into fixed and variable costs using the Account Analysis Method based on the Notes to Financial Statements (CALK). Data were analyzed using Cost-Volume-Profit (CVP) through the calculation of the Contribution Margin Ratio, Break-Even Point, and Margin of Safety.

Results and Discussion: Net sales increased from IDR 6.14 trillion in 2022 to IDR 8.00 trillion in 2024. The Margin of Safety Ratio rose from 60.37% to 70.19%, while the Break-Even Point remained relatively stable, indicating an increasing sales safety margin. Inflation, exchange rates, and crude palm oil (CPO) prices were used only as contextual information in interpreting the findings.

Implications: The findings support managerial decision-making in sales safety evaluation, cost control, and profit planning through periodic CVP analysis.

Originality: This study positions Margin of Safety as a sales safety indicator within the CVP framework and interprets macroeconomic conditions as contextual information rather than causal determinants.

The Role of the Bandung City Department of Trade and Industry in Empowering SMEs to Enhance Competitiveness

2026-06-07T11:37:58+07:00

Purpose: This study examines the strategic role of the Bandung City Department of Trade and Industry in empowering small and medium industries (SMIs) and developing their competitiveness through digitalization, certification, capacity building, and Octa Helix collaboration.

Research Method: A descriptive qualitative design was applied using in-depth interviews, field observations, and document analysis. Data were analyzed through an interactive qualitative model, IFAS–EFAS, and SWOT analysis, with source and method triangulation supporting trustworthiness.

Results and Discussion: The IFAS and EFAS scores place Bandung’s SMIs in a growth-oriented strategic position. Digitalization and certification assistance expanded, while export performance improved. However, financing constraints, unequal digital capabilities, and fragmented coordination remain. The Octa Helix framework connects government, academia, businesses, communities, media, financial institutions, supporting organizations, and society in SME development.

Implications: Disdagin should expand continuous digital mentoring, simplify certification, improve access to financing, strengthen industrial clusters, and formalize stakeholder coordination.

Originality: This study integrates the Octa Helix framework with IFAS–EFAS and SWOT analyses to formulate municipal-level SME development strategies.

The Effectiveness of Implementing a Marking Scheme in the Employee Performance Evaluation System at PT Telkom Indonesia (Persero) Tbk

2026-07-02T10:09:20+07:00

Purpose: This study aims to analyze the representation of the marking scheme in the performance measurement system for the Board of Directors of PT Telkom Indonesia (Persero) Tbk based on company documents.

Research Method: This study employed a descriptive qualitative approach using documentary analysis and qualitative content analysis. Secondary data were obtained from the 2024 Annual Report of PT Telkom Indonesia (Persero) Tbk, as well as the literature on performance appraisal, marking schemes, Organizational Justice Theory, and Agile Performance Management. The analysis was conducted through data reduction, open coding, categorization, interpretation, and triangulation of sources and theories.

Results and Discussion: The research findings indicate that the Board of Directors’ KPIs are documented through five main perspectives, which are broken down into indicators, targets, weightings, and Talent Development. This structure reflects the key characteristics of a marking scheme as a documented evaluation framework. It is conceptually aligned with the principles of procedural justice and some characteristics of Agile Performance Management. However, this study does not evaluate the system’s implementation or user perceptions, as it relies solely on documentary data.

Implications: The findings can serve as a reference for designing a performance measurement system based on documented indicators and as a foundation for further research using primary data.

Originality: This study proposes using the marking scheme concept as a framework for analyzing the structure of the Board of Directors’ performance measurement system based on corporate documents.

Implementation of the Just-in-Time System to Improve Inventory Efficiency at PT Unilever Indonesia Tbk

2026-07-02T10:13:01+07:00

Purpose: This study aims to describe the characteristics of inventory management and operating cash flow at PT Unilever Indonesia Tbk based on an analysis of its financial statements.

Research Method: This study employs a descriptive quantitative approach using a documentary study method. Secondary data were obtained from the Interim Financial Reports of PT Unilever Indonesia Tbk for the periods ending March 31, 2024, and March 31, 2025, as well as the 2024 Annual Report. The analysis was conducted using the Inventory Turnover Ratio (ITO), Days Sales of Inventory (DSI), trend analysis, and a review of inventory accounting policies.

Results and Discussion: The results show that inventory value increased by 12%, the Inventory Turnover Ratio decreased from 3.20 to 2.67 times, and Days Sales of Inventory increased from 28.1 to 33.7 days. In addition, cash and cash equivalents increased by 61%, while net cash flow from operating activities turned from negative to positive in the first quarter of 2025. These findings illustrate changes in inventory management and operating cash flow based on financial statement data.

Implications: Financial ratio analysis can serve as a starting point for evaluating inventory management practices, but it requires operational data to support a more comprehensive interpretation.

Originality: This study integrates an analysis of inventory ratios, operating cash flow, and inventory accounting policies at FMCG companies in Indonesia using data from publicly available financial statements.

Digital Innovation Strategies to Enhance Competitive Advantage

2026-06-25T08:06:55+07:00

Purpose: This study aims to analyze the digital innovation strategies implemented by Limitha Store to enhance its competitive advantage, identify their impact on business growth, and determine the challenges involved in their implementation.

Research Method: This study employed a qualitative case study design. Data were collected through interviews, observations, and documentation from six informants (purposive sampling) and were then analyzed using the Miles, Huberman, and Saldaña model.

Results and Discussion: The use of social media, QRIS payments, the real-picture promotional concept, and responsive (fast-response) service have significantly enhanced competitive advantage. This transformation has expanded the market and significantly increased sales by up to 300% (from an average of Rp20,000,000 to Rp80,000,000 per month). Technical challenges include unstable internet connections and delays in payment notifications.

Implications: Retail MSME operators are advised to continue optimizing their operations using digital point-of-sale systems and to train their employees to develop their skills. Further research is recommended to examine the effectiveness of social media platforms specifically.

Originality: This study fills a research gap by presenting an in-depth qualitative exploration of the dynamics of implementation and tactics of digital innovation among MSMEs in the ecosystem of a developing rural region.

The Impact of Product Innovation and Branding on Sales of Woven Fabrics

2026-07-02T10:13:36+07:00

Purpose: This study aims to determine the effect of product innovation and branding on sales of Muna Pa'a woven fabric in Ranggo Village, Pajo Subdistrict.

Research Method: This study employed a quantitative, explanatory design. The population consisted of 100 people, all of whom were included in the sample using saturation sampling. Data were collected using a five-point Likert-scale questionnaire and analyzed using multiple linear regression in IBM SPSS.

Results and Discussion: The results indicate that, individually, both product innovation and branding have a positive and significant effect on sales of Muna Pa'a woven fabric. Collectively, these two variables also have a positive and significant combined effect on driving sales figures.

Implications: These findings suggest that artisans and local governments should integrate pattern/design innovation with a strong brand identity strategy to expand the market sustainably.

Originality: This study provides new contextual evidence that bridges the inconsistencies in previous literature, particularly regarding the dynamics of commercializing traditional textile crafts in rural areas.

The Impact of Service Quality and Accessibility of BRILink Agents on Financial Inclusion

2026-07-02T10:08:59+07:00

Purpose: This research aims to determine the effect of Agen BRILink's service quality and accessibility on community financial inclusion, hypothesizing positive and significant partial and simultaneous impacts.

Research Method: A quantitative descriptive survey was conducted with 100 purposively sampled respondents (at least 18 years old, residents, and active users) in Manggelewa Sub-district, West Nusa Tenggara. The independent and dependent variables were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) in SmartPLS 3.0.

Results and Discussion: Service quality and accessibility positively and significantly increase financial inclusion, both in partial and simultaneous effects. The structural model explains 68.9% of the variance in financial inclusion, with accessibility as the dominant driver, with a much larger effect size than service quality.

Implications: Banks and financial authorities should prioritize rural spatial mapping for new agent placements and strengthen technical assistance to help agents maintain consistent transaction service.

Originality: This study uniquely examines the effectiveness of branchless banking directly at the rural sub-district level, highlighting the interaction between geographical infrastructure barriers and grassroots financial behavior.

The Effect of Facilities and Training on Employee Performance, with Organizational Commitment as an Intervening Variable

2026-07-02T10:13:58+07:00

Purpose: This study aims to analyze the direct and indirect effects of workplace facilities and training on employee performance, with organizational commitment as an intervening variable.

Research Method: Using an explanatory quantitative approach, this study employed a population of 120 active employees at the Dompu Regency Education, Youth, and Sports Office, with saturation sampling (census). Primary data were collected via a Likert-scale questionnaire and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS).

Results and Discussion: Workplace amenities and training have been shown to have a positive and significant impact on employee performance. Training also significantly increases organizational commitment, which, in turn, positively impacts performance; thus, commitment partially mediates the training-performance relationship. However, workplace amenities do not significantly affect organizational commitment, so their mediating effect on this relationship is rejected.

Implications: Local government administrators with limited regional budgets are advised to prioritize investment in human capital (training) to boost the skills and long-term commitment of civil servants. Future studies are recommended to explore the moderating effects of leadership styles.

Originality: This study offers a novel perspective by examining the limitations of the Resource-Based View in the post-autonomy local public sector, empirically demonstrating that tangible assets (infrastructure) do not automatically translate into intangible assets (affective commitment) without a personal approach.

Employee Engagement and Psychological Well-Being on Employee Loyalty through Organizational Citizenship Behavior (OCB)

2026-07-02T10:14:19+07:00

Purpose: This research aims to analyze the effect of employee engagement and psychological well-being on employee loyalty through organizational citizenship behavior (OCB) as a mediating variable at Hotel Aman Gati and Any Lestari.

Research Method: A quantitative approach was employed using a total sampling technique involving 45 operational employees. Data were collected via Likert-scale questionnaires and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS) through SmartPLS.

Results and Discussion: The findings reveal that both employee engagement and psychological well-being have a positive and significant direct impact on employee loyalty and OCB. Furthermore, OCB serves as a significant mediator, linking work engagement, psychological well-being, and long-term employee loyalty.

Implications: Hotel management should develop strategic policies that support mental well-being and active engagement to retain human resources sustainably. Future research is recommended to increase sample sizes, include additional hotel tiers, and explore additional variables such as organizational culture.

Originality: This study provides originality by empirically confirming the mediating role of OCB within the specific and rarely studied context of a local-scale hospitality ecosystem.

The Impact of Macroeconomic Factors on the IHSG, with Stock Prices as an Intervening Variable

2026-07-02T10:14:39+07:00

Purpose: This study aims to analyze the effects of exchange rates and inflation on the Composite Stock Price Index (IHSG), with LQ45 stock prices as an intervening variable, for the period 2021–2025.

Research Method: This study employs a quantitative approach using monthly secondary data obtained from the Indonesia Stock Exchange, Bank Indonesia, and the Central Statistics Agency. The analysis was conducted using Partial Least Squares–Structural Equation Modeling (PLS-SEM) through path analysis and bootstrapping procedures using SmartPLS.

Results and Discussion: The results show that the exchange rate has a positive effect on the LQ45 Stock Price and the IHSG, whereas inflation does not affect either variable. The LQ45 Stock Price has a positive effect on the IHSG and partially mediates the exchange rate's effect on the IHSG, but does not mediate the relationship between inflation and the IHSG.

Implications: These findings underscore the importance of exchange rate stability as a foundation for investment decision-making and the formulation of capital market policies.

Originality: The novelty of this study lies in testing the mediating role of the LQ45 stock price in explaining the transmission mechanism by which macroeconomic variables affect the IHSG.

Digital Marketing Strategies and Service Quality on Purchase Decisions: The Role of Purchase Intention as a Mediator in MSMEs

2026-07-07T20:19:04+07:00

Purpose: This study aims to empirically examine the effects of digital marketing strategy and service quality on purchasing decisions, using purchase intention as a mediating variable in a fashion MSME.

Research Method: This explanatory quantitative study employed purposive sampling to select 97 active social media followers. Data were collected via online Likert-scale questionnaires and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM).

Results and Discussion: Findings reveal that digital marketing directly and significantly influences purchasing decisions without building purchase intention. Conversely, service quality does not directly impact purchasing decisions; rather, it requires purchase intention as a full psychological mediator to generate real transactions.

Implications: Fashion MSMEs should deploy aggressive digital marketing to drive quick sales conversions while simultaneously optimizing customer service quality to cultivate purchase intention for long-term engagement.

Originality: This research resolves theoretical inconsistencies regarding the direct effects of digital marketing and service quality by integrating purchase intention as a psychological mediator in the highly dynamic digital fashion MSME sector.

The Effect of Competence and Preparedness on the Performance of Dompu Regency BPBD Staff in Disaster Emergency Response

2026-07-07T20:18:35+07:00

Purpose: This study aims to analyze and empirically demonstrate the extent of the influence of competence and preparedness on the performance of Dompu Regency BPBD employees during disaster emergency response.

Research Method: This quantitative study employed saturation sampling across the entire population of 65 BPBD employees in Dompu Regency. Primary data were collected via a structured Likert-scale questionnaire and analyzed using multiple linear regression analysis.

Results and Discussion: The test results demonstrate that competence and preparedness, both individually and collectively, have a positive and significant effect on employee performance. Furthermore, the preparedness variable had a stronger impact on performance than the competency variable.

Implications: Local governments and relevant agencies are advised to prioritize development programs that not only enhance cognitive abilities but also strengthen employees’ mental resilience through crisis simulation training and stress management.

Originality: This study fills a gap in the literature by focusing on aspects of organizational behavior within the BPBD of a small district with the sociogeographic characteristics of Dompu, complementing previous research that has largely focused on physical disaster infrastructure.

The Effect of Interest Rates on Investment Decision-Making in the Banking Sector Listed on the Indonesia Stock Exchange

2026-07-08T09:36:09+07:00

Purpose: This study aims to analyze the effect of interest rates on investment decisions in banking sector companies listed on the Indonesia Stock Exchange (IDX).

Research Method: This research employs an associative quantitative approach using secondary data sourced from annual financial reports on the IDX and the BI 7-Day Reverse Repo Rate. Utilizing a saturated sampling technique, the entire population of 46 banking companies was selected as the sample. Data analysis was conducted using simple linear regression and hypothesis testing via IBM SPSS.

Results and Discussion: The test results demonstrate that interest rates do not have a significant effect on investment decisions, which are proxied by the Price-Earnings Ratio (PER) (sig. value 0.558 > 0.05; R² = 0.002). This indicates that investors respond more to the company's internal fundamental factors than to fluctuations in the macroeconomic benchmark interest rate.

Implications: These findings recommend that investors prioritize analyzing a company's financial fundamentals when making investment choices. Future studies are advised to include other macroeconomic variables or specific financial performance indicators.

Originality: The novelty of this research lies in its comprehensive examination of the entire banking sector population on the IDX, specifically using PER as a proxy for investment decisions amid recent benchmark interest rate dynamics.

Self-Efficacy and Task-Relevant Budgetary Participation on Managerial Performance through Transformational Leadership Style

2026-07-08T09:58:48+07:00

Purpose: This study aims to examine the effect of self-efficacy and task-relevant budgetary participation on managerial performance while analyzing the mediating role of transformational leadership among MSMEs in Dompu Regency.

Research Method: An explanatory quantitative design was employed. Data were collected via questionnaires from 126 managers of halal-certified MSMEs, selected through purposive sampling. Partial Least Squares Structural Equation Modeling (PLS-SEM) was utilized for data analysis.

Results and Discussion: The findings reveal that self-efficacy and task-relevant budgetary participation have no direct significant impact on managerial performance. However, transformational leadership successfully and significantly mediates both relationships. This proves that individual psychological potential and participative budgeting processes require a visionary leader to be converted into actual managerial effectiveness.

Implications: MSME stakeholders and policymakers should prioritize transformational leadership development programs rather than merely focusing on technical administrative training to optimize resource management and operational efficiency.

Originality: This research highlights transformational leadership as an indispensable catalyst that bridges cognitive factors and participative control systems within the resource-constrained ecosystem of developing regional MSMEs.

The Village Head’s Leadership Style and Its Impact on the Effectiveness of Community Empowerment Programs through Community Participation

2026-07-16T17:42:54+07:00

Purpose: This study aims to examine the effect of the village head's leadership style on the effectiveness of community empowerment programs, including the mediating role of community participation.

Research Method: Using a quantitative correlational design, data were collected via Likert-scale questionnaires from 91 purposively sampled respondents from a population of 1,063 in Rababaka Village. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) in SmartPLS 3.0.

Results and Discussion: The findings reveal that leadership style has a positive and significant effect on both program effectiveness and community participation. Moreover, community participation significantly influences program effectiveness and effectively mediates the relationship between leadership style and program effectiveness.

Implications: These findings suggest that village governments should abandon top-down approaches in favor of empathetic and inclusive leadership to foster active citizen involvement. Future research should expand the geographical scope and employ mixed-methods approaches.

Originality: This study uniquely identifies community participation not merely as an administrative requirement but as a crucial mediating mechanism that bridges leadership vision and program success within the specific socio-cultural dynamics of Rababaka Village.

Perceived Organizational Support (POS) and Work Discipline on the Performance of Village Officials through Organizational Commitment as a Mediating Variable

2026-07-16T17:44:48+07:00

Purpose: This study aims to analyze the effects of Perceived Organizational Support (POS) and work discipline on the performance of village apparatus, specifically examining organizational commitment as a mediating variable.

Research Method: A quantitative approach was employed, using a saturated sampling (census) of 54 village apparatus across the villages of Lune, Jambu, and Ranggo, Indonesia. Data were collected via questionnaires on a 5-point Likert scale and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM).

Results and Discussion: POS significantly enhances both apparatus performance and organizational commitment. While work discipline strongly builds commitment, it has little effect on direct performance. Furthermore, organizational commitment fails to mediate the relationship between POS, work discipline, and performance. This indicates that psychological attachment alone cannot drive optimal productivity without practical, task-related support.

Implications: Village governments must prioritize creating supportive work environments and technical capacity-building rather than relying solely on apparatus loyalty to improve public service. Future studies should employ mixed methods and incorporate broader variables, such as leadership and motivation.

Originality: This study provides novel empirical evidence that contextualizes Social Exchange Theory within rural public bureaucracy, demonstrating that the mediating efficacy of organizational commitment is neither universal nor uniform in village governance.

Perceived Government Support on MSME Business Performance: The Mediating Role of Digital Capability

2026-07-17T20:17:39+07:00

Purpose: This study aims to examine how perceived government support affects MSME performance, mediated by digital capability in Dompu Regency.

Research Method: A quantitative approach was used, involving a survey of 100 MSME actors selected through purposive sampling. Primary data were analyzed using Partial Least Squares-Structural Equation Modeling (PLS-SEM) via SmartPLS 4.0.

Results and Discussion: The PLS-SEM analysis indicates that perceived government support significantly enhances both MSME performance and digital capability. Furthermore, digital capability positively affects performance and significantly mediates the relationship between government support and MSME performance. This demonstrates that external government support requires internal digital internalization to optimize business results.

Implications: Theoretically, it extends the Resource-Based View by positioning digital capability as a strategic mechanism. Practically, it urges local policymakers to integrate digital competency training into MSME empowerment programs. Future studies should expand geographically and explore other moderating factors.

Originality: This research uniquely positions digital capability as a mediator rather than an independent variable in a non-metropolitan context characterized by distinct gaps in digital infrastructure.

A Comparative Analysis of Product Cost Determination Using the Full Costing and Variable Costing Methods to Set Selling Prices

2026-07-31T07:21:13+07:00

Purpose: This study analyzes the significant differences in calculating the Cost of Goods Manufactured (COGM) using Full Costing versus Variable Costing for determining selling prices at Mebel Samawa.

Research Method: A quantitative, descriptive, comparative approach using a case study strategy was employed. Secondary data from production cost documents were analyzed through COGM calculations, statistical difference tests via Microsoft Excel, and cost-plus pricing simulations.

Results and Discussion: Results show a significant COGM difference between the two methods across all products, with a consistent variance of IDR 13,131 per unit due to fixed overhead cost treatments. Annually, this variance reaches IDR 35,440,569. The company's actual selling prices exceed both calculations, indicating an adequate profit margin.

Implications: Custom-made MSMEs should adopt Full Costing as the primary pricing basis to recover all operational costs, utilizing Variable Costing solely for short-term tactical decisions.

Originality: This research provides a comprehensive statistical test of differences between two COGM methods, directly evaluating their implications for real pricing strategies within a micro-scale furniture enterprise.