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A Systematic Literature Review on Integrating Ethics and Axiology into Organizational Digital Transformation Strategies Arus Reka Prasetia; Widy Muchamad; Gilang Bhirawa Noraga; Edi Suryadi; Rasto
Novatio : Journal of Management Technology and Innovation Vol. 4 No. 1 (2026): January 2026
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/novatio.v4i1.1259

Abstract

Digital transformation is a key organizational strategy, yet data-intensive systems and artificial intelligence amplify ethical dilemmas and contested value choices. Prior reviews cover digital transformation, AI ethics, and corporate digital responsibility, but rarely explain how ethical principles and axiological values are operationalized across the strategic lifecycle. This systematic literature review maps integration mechanisms in strategy formulation and implementation, identifies the ethical orientations that underpin them, and synthesizes recurring barriers and responses. We screened Scopus journal articles in English published from 2019 to 2025 and appraised quality using the Mixed Methods Appraisal Tool; 70 medium or high quality studies were synthesized through narrative synthesis and reflexive thematic analysis. Ethics and axiology are most often embedded through governance arrangements and formal policies, supported by stakeholder engagement and transparency and accountability practices. Explicit references to classical normative theories are less frequent than applied framings grounded in stakeholder orientation, responsibility, and responsible AI. Common barriers include governance gaps, cultural resistance, cybersecurity risks, and privacy concerns, and responses emphasize strengthened governance, capability building, and auditable oversight. The review’s novelty is a lifecycle-oriented synthesis that links normative foundations to concrete, auditable strategic mechanisms. It translates fragmented debates into a transferable, mechanism-based map that can guide governance design and future empirical testing. Based on these patterns, we propose an axiological lens as a practical strategic compass for making value commitments explicit, actionable, and continuously evaluated.
The Nexus Between ESG Integration and Capital Structure in Banks: A Systematic Review of Determinants and Mechanisms Widy Muchamad; Nugraha Nugraha; Maya Sari
Jurnal Wacana Ekonomi Vol 25 No 3 (2026): Jurnal Wacana Ekonomi
Publisher : Fakultas Ekonomi Universitas Garut

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52434/jwe.v25i3.43653

Abstract

This study aims to answer the question of how ESG integration affects the determinants of a bank's capital structure, considering that the systematic understanding of this nexus remains fragmented in the literature. This study employs a Systematic Literature Review conducted following the PRISMA 2020 guidelines by searching the Scopus database, yielding 298 documents. After gradual screening, 84 high-quality studies published between 2013 and 2024 were analyzed using a narrative synthesis approach. The findings suggest that ESG appears increasingly important as an emerging determinant of a bank's capital structure, with 65.5% of studies identifying ESG as a notable factor associated with shifts in the role of profitability relative to traditional determinants. Four mechanisms were identified: adjustment effects that affect the relative importance of traditional determinants, mediation mechanisms through financial performance and risk profiles, conditional effects based on firm-level and market-level contexts, and temporal effects suggesting increasing relevance observed since 2020. Relationship patterns showed that 53.8% of studies identified positive associations between ESG and leverage capacity, 23.1% negative associations, and 15.4% conditional effects. The temporal distribution reveals that 65.5% of studies were published in 2022–2024, indicating a notable increase in scholarly attention in this field. The findings contribute to ongoing efforts to incorporate ESG dimensions into capital structure theory and carry practical implications for bank management in capital planning, investors in evaluating sustainability strategies, and policymakers in designing prudential regulations that account for ESG considerations.