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All Journal Emerging Markets : Business and Management Studies Journal Jurnal Impresi Indonesia The South East Asian Journal of Management
Musa, Soebowo
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The Impact of Achievement Motivation on Organizational Capabilities and Firm Performance in the Creative Industry Context Tanjung, Immanuel Billy; Musa, Soebowo
The South East Asian Journal of Management Vol. 15, No. 2
Publisher : UI Scholars Hub

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Abstract

Research Aims: This paper aims to validate achievement motivation (AM) as a possible cause of the issues faced in the Indonesian creative industry context and establish a possible relationship between variables comprising organizational capabilities and organizational performance. Design/Methodology/Approach: This paper is a confirmatory study that uses a quantitative approach utilizing an online survey/questionnaire. The study examines 214 valid respondent survey answers from invited respondents from the Indonesian creative industry via email and social media platforms. Research Findings: This paper provides empirical validation of the hypotheses that AM is positively related with organizational capabilities and that those capabilities are positively related to firm performance (FP). This paper confirms past research findings regarding the relationships between the variables. Theoretical Contribution/Originality: This paper extends the research on AM to the organizational level and analyzes its relationships with organizational capabilities and FP in an integrated fashion. Managerial Implications in the South East Asian Context: This paper reveals AM as the possible true cause of the issues faced by the creative industry in Indonesia. Managers and government actors seeking to improve the industry should consider the AM of the workforce. Research Limitations & Implications: The limitations of this study are that the resulting analysis is limited to affirming past research on the variables and that this is a cross-sectional study with a specific research context; which implies that the results of this study only represent the condition at the specific point in time the research is conducted.
Organizational Inertia, Digital Capabilities, Digital Transformation, and Firm Competencies Utomo, Adhi Ari; Maulida, Mira; Musa, Soebowo
The South East Asian Journal of Management Vol. 17, No. 1
Publisher : UI Scholars Hub

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Research Aims: This research aims to investigate the impact of organizational inertia on digital capabilities and digital transformation to optimize firm competencies. Design/Methodology/Approach: The dataset was produced through a quantitative survey of 125 firms in Indonesia using the Structural Equation Model (SEM) to analyse the data. Research Findings: The results of this study indicate that organizational inertia indirectly impacts firm competencies through digital capabilities and digital transformation. Organizational inertia impacts digital capabilities, not digital transformation, whereas digital capabilities impact digital transformation and a firm’s competencies. Theoretical Contribution/Originality: This study contributes to the literatures on organizational behaviour and strategic management by investigating the impact of organizational inertia on the success of digital transformation and its impact on firm competencies. Managerial Implication in the South East Asian context: The research findings embrace digital transformation practices by enhancing firms' digital capabilities, particularly in digital transformation response, digital opportunity identification, innovative digital technology product development, acquisition, and mastering state-of-the-art digital technologies. Research Limitation & Implications: The findings of this study reflect the conditions of numerous enterprises operating in several industry sectors in Indonesia during the chaotic post-COVID-19 pandemic period. Furthermore, the survey respondents constitute various firms with various digital transformation implementation levels.
The Impacts of Leadership and Decision-Making Styles Middle Management on the QMS Implementation and Firm Performance Mohamad Tohari; Musa, Soebowo
Emerging Markets : Business and Management Studies Journal Vol. 10 No. 1 (2022)
Publisher : Directorate of Academic Research and Community Services

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33555/embm.v10i1.195

Abstract

In heavy equipment and mining companies, it is important to always maintain the quality of the products and services provided to customers. Quality Management System (QMS) as a standard has a very important role in maintaining the company's business continuity. Quality management includes customer focus, leadership, people engagement, process approach, improvement, evidence-based decision making, and relationship management. Middle management leadership and decision-making styles as well as the implementation of QMS are examined in this study to see the extent of their correlation with firm performance. The research was conducted on a heavy equipment company in Indonesia with a case study of PT. United Tractors, Tbk by involving 55 middle management respondents and 310 subordinates in 55 branch offices/sites throughout Indonesia. The results of the study concluded that QMS implementation was the only construct in this study that was positively relationship to firm performance, while decision making style was negatively relationship and leadership style was not significantly relationship. In another section, it was also confirmed that leadership style was negatively relationship to decision making style, it was also found that leadership and decision-making style middle management had no relationship to QMS implementation. Leadership style middle management PT. United Tractors, Tbk is known to be more inclined to the laissez faire style compared to the transformational and transactional styles, while the decision-making style is strongly predicted to dependent style compared that avoidant, rational and spontaneous styles. Keyword: Leadership style, Decision making style, QMS implementation, Firm performance
The roles of strategic alliances, innovation capability, and cost reduction in enhancing customer loyalty and a firm’s competitive advantage in B2B alliances Musa, Soebowo
Emerging Markets : Business and Management Studies Journal Vol. 12 No. 1 (2024): Vol. 12 No. 1 (2024)
Publisher : Directorate of Academic Research and Community Services

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33555/embm.v12i1.227

Abstract

Disruptive business environments such as the COVID-19 pandemic and the recent high volatility in commodity prices have changed the way businesses are conducted. The heavy equipment industry is one of many industries affected by such an environment, especially those who are related to the mining industry where the volatility of the commodity prices has a significant impact on their business performance. Alliances are commonly formed by heavy equipment distributors and their customers to create a mutual benefit to sustain their performance. Strategic alliances have attracted substantial attention from industry as well as academia as a way to stay competitive. They mostly focus on partner-to-partner alliances in serving their customers. Consumer behaviour has changed due to changes in the environment that make firms' strategic focus more on human-centric business approaches. This study looks at the roles of partner-to-customer alliances, innovation capability, and cost reduction toward customer loyalty and competitive advantage. Data was collected from 335 respondents from the firms that have entered into alliances. This study finds strategic alliances have the highest association with cost reduction, followed by their association with innovation capability. They enhance customer loyalty through innovation capability. Cost reduction is not a lever to develop customer loyalty in the partner-to-customer relationship. The study also confirms the paramount importance of operational efficiencies in gaining a competitive advantage, with strategic alliances playing a significant role in this aspect. Keywords: strategic alliances, innovation capability, cost reduction, customer loyalty, competitive advantage.
Pengaruh Profitabilitas dan Gender Direksi Keuangan Terhadap Kecurangan Pelaporan Keuangan dengan Kepemilikan Institusional Sebagai Moderasi Sudibyo, Richard Theodore; Musa, Soebowo
Jurnal Impresi Indonesia Vol. 4 No. 10 (2025): Indonesian Impression Journal (JII)
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58344/jii.v4i10.7121

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh profitabilitas dan gender direksi keuangan terhadap kecurangan pelaporan keuangan, dengan kepemilikan institusional sebagai variabel moderasi. Studi ini dilatarbelakangi oleh meningkatnya kasus manipulasi laporan keuangan di Indonesia yang mengancam integritas pasar modal. Data diperoleh dari laporan keuangan perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2020–2024. Profitabilitas diukur menggunakan indikator Return on Assets (ROA), gender direksi keuangan diidentifikasi melalui keberadaan perempuan pada posisi Chief Financial Officer (CFO), dan kepemilikan institusional diukur berdasarkan persentase saham yang dimiliki institusi. Analisis data dilakukan dengan bantuan perangkat lunak Gretl. Hasil penelitian menunjukkan bahwa profitabilitas dan gender direksi keuangan berpengaruh negatif signifikan terhadap kecurangan pelaporan keuangan. Perusahaan yang memiliki profitabilitas tinggi dan CFO perempuan cenderung lebih rendah tingkat manipulasi laporan keuangannya. Selain itu, kepemilikan institusional terbukti memoderasi hubungan kedua variabel independen tersebut terhadap fraud. Selain itu, hubungan profitabilitas terhadap fraud berubah dari negatif menjadi positif ketika dimoderasi oleh kepemilikan institusional, menunjukkan bahwa tekanan dari investor institusional pada perusahaan yang sangat menguntungkan dapat memicu kecenderungan manipulasi. Sebaliknya, pada variabel gender direksi, kepemilikan institusional memperkuat pengaruh negatif terhadap fraud, sehingga keberadaan perempuan pada posisi strategis menjadi semakin efektif dalam menekan praktik kecurangan pelaporan.
Co-Authors Maulida, Mira Mohamad Tohari Sudibyo, Richard Theodore Tanjung, Immanuel Billy Utomo, Adhi Ari