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The Pattern of Financial Management and Challenges Faced by Digital Startups in Indonesia: an Accounting and Financial Technology Perspective Halim, Ade Imam Muttaqien; Muhammad, A Fadel; Nitswat, Nurhaliza; Ardi, Nur Astiana Hidayat
Economics and Business Journal (ECBIS) Vol. 3 No. 4 (2025): May
Publisher : PT. Maju Malaqbi Makkarana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ecbis.v3i4.215

Abstract

This research aims to explore the financial management patterns applied by digital startups in Indonesia, along with the challenges and solutions faced by their founders in managing their finances. The study uses a qualitative approach with case studies to gather data through in-depth interviews, observations, and analysis of financial documents from digital startups operating in Indonesia. The findings reveal that ineffective cash flow management, dependence on external funding, and a lack of strategic financial management understanding are some of the primary challenges faced by these startups. The study emphasizes the importance of adopting efficient financial practices, including utilizing financial technology to improve cash flow management and reduce dependency on external capital. Additionally, it underscores the need for startup founders to build a competent finance team to ensure sustainable growth. This research contributes to the understanding of financial management in the context of digital startups in Indonesia and provides insights on overcoming financial challenges to strengthen the startup ecosystem
FROM TALENT MANAGEMENT TO RETENTION INTENTION: THE MEDIATING ROLE OF EMPLOYEE ENGAGEMENT IN STATE-OWNED BANKS adwi, adwi; Halim, Ade Imam Muttaqien; Hasan, Reski Auliany
Journal of Business Studies and Management Review Vol. 9 No. 2 (2026): JBSMR, Vol 9 No.2 June 2026
Publisher : Management Department, Faculty of Economics and Business, Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/jbsmr.v9i2.58158

Abstract

This study examined how talent management retained state-owned bank employees through employee engagement. The study addressed a theoretical problem in human resource management: formal talent management systems are frequently assumed to increase retention directly, yet employees may remain only when those systems create psychological attachment to work and the organization. Using a quantitative explanatory design, survey data were collected from 136 employees of state-owned banks in Southeast Sulawesi, Indonesia. Talent management was measured through talent attraction, talent selection, talent development, career management, and retention strategy, while engagement and retention were measured as work-related psychological and behavioral intentions. The data were analyzed using partial least squares structural equation modeling. The results showed that talent management strongly increased employee engagement, and employee engagement significantly increased employee retention. However, talent management did not have a significant direct effect on employee retention. The mediation test confirmed that employee engagement fully explained the relationship between talent management and retention. The study contributes to talent management research by showing that retention is not produced by formal human resource practices alone but by the psychological engagement generated by those practices. For state-owned banks, the key managerial implication is that talent programs should be designed as engagement-building systems rather than merely administrative career or training programs.