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Determinants of Managerial Performance: The Mediating Role of Work Ethic in Indonesian Batik MSMEs Elin Herlina; Horas Djulius; Azfahanee Zakaria
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 21 No 2 (2026): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v21i2.2026.pp459-475

Abstract

In this study, how managerial performance is shaped by organizational culture, managerial competence, and the work environment through work ethic in batik micro, small, and medium-sized enterprises (MSMEs) in East Priangan, West Java, is examined. Affective mediators are largely relied on by prior performance studies, and limited explanation of how organizational conditions are translated into value-based managerial behavior is provided by them. Survey data from 258 owner-managers and managers were analyzed using partial least squares structural equation modeling (PLS-SEM). The strongest positive relationship with work ethic was shown by the work environment, and it was followed by managerial competence and organizational culture. Work ethic was positively related to managerial performance, while 96,4% of the variance in work ethic and 63,0% of the variance in managerial performance were explained by the model. Partial mediation across the three pathways is indicated by variance-accounted-for values of 41,3–58,8%. Work ethic is positioned by these findings as a value-based behavioral mechanism rather than merely as an individual antecedent of performance. For batik MSMEs, competence building and workplace improvement should therefore be combined by managerial development with routines by which discipline, responsibility, productive use of time, and community-oriented values are reinforced
Beyond Macroeconomic Stability Dynamic Determinant of Foreign Direct Investment in ASEAN Kayla Asyifa; Horas Djulius; Restu A Suryaman
Jurnal Ekonomi Pembangunan Vol 15 No 2 (2026): Volume 15 Nomor 2 Tahun 2026
Publisher : Fakultas Ekonomi dan Bisnis Universitas Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23960/jep.v15i2.4808

Abstract

This study aims to analyze the determinants of Foreign Direct Investment (FDI) in ASEAN countries during the period 2005–2024. This study is motivated by the important role of FDI as a source of development financing, technology transfer, and regional integration in the global value chain. Different from previous research that tended to be partial, this study integrates macroeconomic, financial, human resources, and economic globalization factors in one empirical framework. The methods used are static panel data through Fixed Effect Model (FEM) and Random Effect Model (REM), as well as dynamic panel data using the Generalized Method of Moments (GMM) to capture investment persistence and address potential endogeneity. The results show that economic growth, exports, and labor productivity have a positive effect on FDI. The FDI lag variable is significant across all dynamic models, indicating the persistence of foreign investment in ASEAN. In contrast, inflation, exchange rates, and interest rates show inconsistent influences. These findings confirm that macroeconomic stability remains important, but it is no longer enough to be a major factor in attracting investment. The quality of the workforce, production capacity, and integration in global production networks increasingly determine the attractiveness of FDI in ASEAN.
Accelerating Logistics Employee Performance: A Review of Transformational Leadership, Technical Competence, and the Effectiveness of Compensation Policies Wahyitno; M. Sidik Priadana; Dedi Hadian; Jaja Suteja; Horas Djulius
Majalah Ilmiah Bijak Vol. 23 No. 1: March 2026
Publisher : Institut Ilmu Sosial dan Manajemen STIAMI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31334/s4q70p24.6363

Abstract

This study aims to analyze the influence of transformational leadership, organizational culture, and technical competence on work ethic and its implications for employee performance at a national private logistics company in Greater Bekasi, with compensation policy as a moderating variable. The increasingly competitive logistics industry demands companies to have human resources with superior work ethic and performance, thus the role of leadership, organizational culture, and technical competence are strategic factors that need to be studied comprehensively. This study uses a quantitative approach with a survey method on employees at a national private logistics company in Greater Bekasi. Data collection techniques were carried out through a structured questionnaire, while data analysis used multiple regression analysis and Structural Equation Modeling (SEM) to test the moderating role of compensation policy. The results of the study indicate that transformational leadership, organizational culture, and technical competence have a positive and significant effect on employee work ethic. Furthermore, work ethic is proven to have a positive and significant effect on employee performance. The results of the moderation test indicate that compensation policy strengthens the influence of transformational leadership, organizational culture, and technical competence on work ethic, which ultimately has an impact on improving employee performance. These findings confirm that fair and competitive compensation policies can enhance the effectiveness of organizational factors in building employee work ethic. This research offers practical implications for logistics company management in formulating integrated human resource management strategies to sustainably improve employee performance.