cover
Contact Name
Siti Epa Hardiyanti
Contact Email
ev4_hrd@yahoo.co.id
Phone
+6282111338837
Journal Mail Official
larva.wijaya@penerbitbuku.org
Editorial Address
at Warung Jaud Street Serang City of Banten Province Indonesia
Location
Kota serang,
Banten
INDONESIA
Management Science Research Journal
ISSN : 28284216     EISSN : 28284216     DOI : https://dx.doi.org/10.56548/msr
The Journal of Management Science Research (MSR) is an International Journal which has committed to publishing empirical and theoretical research articles, that have a high impact on the management field as a whole. The journal encourages new ideas or new perspectives on existing research. The journal covers such areas as: Business / Management Organizational behaviours Human resource management Organizational theory Entrepreneurship Accounting or Finance Review Issues are published on February, May and October. These issues include widely read and widely cited collections of articles in the field of management and have become a major resource for management research. The Review Issues cover a broad range of topics from a wide range of academic disciplines, methodologies, and theoretical paradigms
Articles 132 Documents
THE EFFECT OF WORK ENVIRONMENT, COMPENSATION AND CAREER DEVELOPMENT ON TURNOVER INTENTION OF GENERATION Z EMPLOYEES IN THE COMPANY X Juliyanti, Indah; KorikaSwasti, Ika
Management Science Research Journal Vol. 4 No. 4 (2025): November 2025
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v4i4.187

Abstract

This study aims to determine the influence of the work environment, compensation, and career development on turnover intention among Generation Z employees in the company x. The method used was quantitative. Data collection was conducted using a questionnaire, with a Likert scale as the measurement scale. The sampling technique used was a saturated sample, consisting of all 50 Generation Z employees in the company x. Data were analyzed using PLS (Partial Least Squares). The results showed that the work environment had a negative and significant effect on turnover intention, career development had a negative and significant effect on turnover intention, and career development had no direct effect on turnover intention.
Adaptive Hedging Strategy on Market Volatility Hardiyanti, Siti Epa
Management Science Research Journal Vol. 4 No. 4 (2025): November 2025
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v4i4.176

Abstract

Market volatility poses significant challenges to investors and portfolio managers, particularly in periods of uncertainty where asset prices fluctuate sharply. Traditional static hedging strategies often fail to adapt effectively to dynamic market conditions, leading to suboptimal risk mitigation. This study proposes an Adaptive Hedging Strategy (AHS) that integrates real-time volatility estimation and machine learning–based signal processing to optimize hedge ratios dynamically. Using a dataset of equity index futures and options from 2015 to 2024, the research evaluates the performance of AHS against conventional delta and minimum-variance hedging approaches. Results indicate that the adaptive model significantly reduces portfolio variance and Value-at-Risk (VaR), particularly during high-volatility regimes such as the COVID-19 crash and post-2022 inflation shocks. The findings suggest that adaptive strategies can enhance hedging efficiency and provide a more resilient framework for risk management in volatile markets.
The The Development of Digital Accounting Information System Implementation among SMEs in Indonesia Mukhtar
Management Science Research Journal Vol. 4 No. 4 (2025): November 2025
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v4i4.189

Abstract

Digital technology development has transformed the business landscape, particularly for Micro and Small Enterprises (MSEs), where Digital Accounting Information Systems (AIS) have become a critical tool. Digital AIS enhances operational efficiency, financial planning, and marketing, ultimately impacting revenue growth, with entrepreneur education being a crucial factor for successful adoption. This descriptive quantitative study aims to analyze the relationship and correlation direction between the implementation of digital AIS and the characteristics of SMEs in Indonesia. It utilizes panel data from the 2011-2023 SME profile surveys issued by Statistics Indonesia (BPS) and data on accounting software available on the Play Store. The indicators for SME characteristics are business capital, revenue, marketing, and education. The indicators for accounting software are rating, reviews, and downloads. The data were analyzed using Spearman's non-parametric statistical test. The results indicate a significant correlation between Digital AIS adoption and business capital and marketing, but no significant correlation with revenue and education. These findings underscore the necessity to develop and promote a holistic, context-based AIS implementation model. This model should be designed with user-friendly, integrated features and support certification programs for SMEs that demonstrate high-quality AIS implementation. Keywords: Business Capital, Marketing Revenue, Education, Digital Accounting Information System (AIS)
The Evaluation of Portfolio Performance: The Risk-Adjusted Performance of Sharia Equity Mutual Funds using Sharpe, Treynor, And Jensen’s Alpha based on Daily Data on period 2022 - 2025 Hardiyanti, Siti Epa
Management Science Research Journal Vol. 4 No. 3 (2025): August 2025
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v4i3.190

Abstract

This study evaluates the risk-adjusted performance of three Sharia equity mutual funds in Indonesia (Manulife Syariah Sektoral Amanah, Mandiri Investa Ekuitas Syariah, and Batavia Dana Saham Syariah) using daily data from 2022 to 2025. The analysis employs daily returns, excess returns, total volatility, market beta, and three major performance measures: the Sharpe Ratio, Treynor Ratio, and Jensen’s Alpha. Results show that all three funds consistently underperformed the Jakarta Islamic Index (JII), reflected in negative Sharpe and Treynor Ratios and negative, statistically insignificant Jensen’s Alpha values. These findings indicate that performance is predominantly driven by market movements rather than managerial skill. The study contributes empirical evidence on the behavior of Islamic mutual funds in volatile market periods and offers practical insights for investors seeking risk-adjusted performance evaluation in Islamic finance contexts.
The THE INFLUENCE OF GREEN BANKING DISCLOSURE INDEX, PROFITABILITY, AND OPERATIONAL COST EFFICIENCY ON COMPANY VALUE IN INDONESIAN ISLAMIC COMMERCIAL BANKS FOR THE 2022-2024 PERIOD Abduh, Muhammad Abduh; Suarsih; Kholida, Alda
Management Science Research Journal Vol. 4 No. 3 (2025): August 2025
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze the influence of green banking disclosure, operational efficiency, and profitability on firm value in Islamic commercial banks in Indonesia during the period 2022–2024. This study was conducted to determine the extent to which sustainable banking practices, as reflected in the level of green banking disclosure, contribute to increasing firm value through increased efficiency and profitability. Secondary data were obtained from the annual reports of three Islamic commercial banks: Bank Syariah Indonesia, Bank Tabungan Pensiunan Nasional Syariah, and Bank Panin Dubai Syariah. The analysis was conducted using panel data regression with the assistance of Stata 17 software. The results show that green banking disclosure has a positive effect on firm value, meaning that the better the sustainability and environmental disclosure, the higher the market valuation of the company. Operational efficiency, measured by the operating expense ratio, has a negative effect on firm value, while profitability, measured by return on equity, has a positive and significant effect. These findings emphasize the importance of integrating sustainability performance and financial efficiency in increasing the long-term value of Islamic banks.
Determinants of Behavioral Adoption in Influencer Marketing Platforms: The Roles of Perceived Ease of Use, Usefulness, Satisfaction, and Trust Wijesinghe, Thivanka Chamith
Management Science Research Journal Vol. 5 No. 1 (2026): FEBRUARY 2026
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v5i1.172

Abstract

Influencer marketing has become a dominant strategy for engaging consumers on social media platforms such as TikTok, Instagram, and YouTube. This study investigates the factors that drive users’ behavioral adoption of influencer-driven content and platforms, drawing on the Technology Acceptance Model (TAM) and its extensions. Building on a review of influencer marketing literature and empirical analysis, the research examines the relationships among Perceived Ease of Use (PEU), Perceived Usefulness (PU), Satisfaction (S), Trust (T), and Behavioral Adoption (BA). Results reveal that PEU exerts the strongest influence on BA, indicating that intuitive interfaces and low complexity are critical to encouraging adoption. Satisfaction emerges as the second-most significant factor, suggesting that positive user experiences foster ongoing engagement. PU also contributes to adoption, though its effect is weaker than that of PEU. Trust shows a moderate but meaningful impact, underscoring the importance of credibility and security in sustaining long-term participation. These findings provide practical guidance for marketers and platform designers seeking to enhance user acceptance of influencer-based campaigns.
The Influence of Workload, Job Stress, and Work Environment on Turnover Intention of Inpatient Nurses at Wiyung Sejahtera Hospital Ramadhan, Syech Noval Kurnia; Santoso, Bowo
Management Science Research Journal Vol. 5 No. 1 (2026): FEBRUARY 2026
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v5i1.188

Abstract

This study analyzes the influence of workload, job stress, and the work environment on nurses turnover intentions at Wiyung Sejahtera Hospital. The quantitative method used was Partial Least Squares–Structural Equation Modeling (PLS-SEM), involving 99 inpatient nurses using a Likert-scale questionnaire. The results show that workload and job stress have a significant positive effect on turnover intentions, meaning that the higher the workload and stress, the greater the nurse's intention to leave. Conversely, the work environment has a negative effect, meaning a positive environment can reduce turnover intentions. These findings emphasize the importance of managing workload, reducing job stress, and creating a conducive work environment to improve healthcare worker retention and the quality of hospital services. The study also discusses variable indicators and instrument validity and reliability, and provides strategic recommendations for human resource management in healthcare institutions.
Assessment of the Socioeconomic Implications of the Higher Education Students Loans Board on Tanzanian Students M, Antoniammal; Devi, Renuka
Management Science Research Journal Vol. 5 No. 1 (2026): FEBRUARY 2026
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v5i1.193

Abstract

This paper will discuss the role played by the Higher Education Students Loans Board (HESLB) in determining the socioeconomic status of the Tanzanian students with special focus on the effectiveness of the organization in providing fair accessibility to higher education and the overall economic mobility of the students. The collection of quantitative and qualitative data was done on a few selected universities using a mixed-methods approach, among loan beneficiaries, non-recipients, and higher education administrators. The research analyzes the impact of loan distribution policies, loan repayment and efficiency of loan disbursement on students with various socioeconomic backgrounds. The results show that although the HESLB has greatly expanded access to higher education for low-income students, differences in loan distribution and repayment capacity still exist. Financial issues caused by stringent repayment conditions, postponed pay outs, and restricted loan coverage have impeded the intended sustainability and inclusion goals. The study comes to the conclusion that the Board's role in promoting fair and sustainable higher education funding in Tanzania will grow if loan appraisal and recovery procedures are changed, especially by implementing income-contingent repayment plans and open allocation procedures.
Supply Chain Path Dependency in Collaboration for New Product Development Ettlie, John; Murthy, Rajendran
Management Science Research Journal Vol. 5 No. 1 (2026): FEBRUARY 2026
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v5i1.194

Abstract

This study examines the relationship between partnership structuring dynamics and performance, focusing on integration in co-development partnerships. Through a detailed survey, insights were gleaned from experts in collaborative engineering engaged in NPD. The analysis juxtaposes levels of partnership—synchronized, coordinated, and integrated—with operation, innovation and market performance. Results reveal that early-stage synchronization impacts operational performance more than later stages, and integration enhances innovation and market performance. Further, a post-hoc assessment links integration with vital financial outcomes to validate these findings. Employing resource orchestration theory, this research illustrates the influence of co-development structuring nuances on firm performance, emphasizing the critical balance between path dependency and creation.
The Impact of AI in BIM-to-Digital Twins on Facility Management Handover: Bridging the Gap between Construction and Operations through AI-Driven Integration. Saqr, Abdullah
Management Science Research Journal Vol. 5 No. 1 (2026): FEBRUARY 2026
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v5i1.197

Abstract

The present paper will consider how Artificial Intelligence (AI) will help in the shift by Building Information Modeling (BIM) to Digital Twins (DTs), specifically in relation to facility management handover. It deals with the main industrial concerns in the fragmentation of data, lack of interoperability, and ineffective regulatory compliance process by using AI-based solutions to enhance data validation, predictive analytics, and real-time synchronization. The data collection was conducted with the help of a qualitative method based on an interpretivist worldview and grounded theory approach, which allowed collecting data through semi-structured interviews with BIM professionals. The findings prove that AI could be effective to increase the accuracy, effectiveness, and quality of BIM-DT handover procedures, which, in its turn, leads to more efficient operations, proactive maintenance of facilities, and sustainable facility management.