Advances in Management & Financial Reporting

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

Muh Fuad Randy — 2026-04-15

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

Laiyinatul Azizah — 2026-04-18

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

Abdul Wahab — 2026-04-18

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

Muh Fuad Randy — 2026-04-22

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

Josafat Gracia Ginting — 2026-04-22

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.