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Systematic Literature Review on The Hierarchical Linear Model Method in Analyzing Capital Structure Policies Across Various Industrial Sectors Silvana Syah; Obing Zaid Sobir; Agung Dharmawan Buchdadi; Ruswiati Suryasaputra
IJHCM (International Journal of Human Capital Management) Vol 7 No 2 (2023): International Journal of Human Capital Management
Publisher : Program Studi S3 Ilmu Manajemen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21009/IJHCM.07.02.7

Abstract

This study aims to understand the contributions, findings, and recent developments in the application of the HLM method in this context, as well as to identify existing knowledge gaps. This systematic literature review investigates the application of the Hierarchical Linear Model (HLM) method in the analysis of capital structure policies across various industrial sectors, focusing on studies conducted between 2017 and 2022. The review encompasses four primary research contributions, each providing unique insights into the intricate determinants of capital structure decisions. In conclusion, the HLM method emerges as a robust tool for understanding the contextual and dynamic factors shaping capital structure decisions, and the review underscores the importance of industry-specific nuances and regional disparities in this realm.
THE ROLE OF WORK MOTIVATION AND TRANSFORMATIONAL LEADERSHIP ON ENHANCING EMPLOYEE ENGAGEMENT Ahmad Syauqi; Susanto Susanto; Obing Zaid Sobir; Ramdan Yusuf; Dipa Teruna Awaludin
Journal of Economic, Bussines and Accounting (COSTING) Vol. 9 No. 1 (2026): COSTING : Journal of Economic, Bussines and Accounting
Publisher : Institut Penelitian Matematika, Komputer, Keperawatan, Pendidikan dan Ekonomi (IPM2KPE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/wsy31z82

Abstract

This study aims to examine the role of Work Motivation and Transformational Leadership in enhancing employee engagement  in private companies. Using a quantitative research approach, data were collected from 100 employees through a purposive sampling technique. The data were analyzed using partial least squares (PLS) regression, assisted by SmartPLS version 3.29. The results reveal that work motivation has a significant positive effect on employee engagement, indicating that employees who experience a better work environment and balance tend to be more engaged in their work. In contrast, Transformational Leadership do not have a significant impact on employee engagement. These findings suggest that private companies seeking to increase employee engagement should not rely solely on leadership factors,but should also focus on developing strong organizational motivation that strengthens engagement at all levels of the organization.