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Applied Quantitative Analysis (AQA)
Published by Research Synergy Foundation
ISSN : 28084934     EISSN : 28084934     DOI : https://doi.org/10.31098/quant
Core Subject : Science, Education, Social,
Decision Sciences, Operations Research & Management Mathematics Social Sciences
Applied Quantitative Analysis (AQA) provides practician, academicians, and other relevant professionals throughout the world with the opportunity to exchanges and disseminates theoretical and practice-oriented papers for the advancement of quantitative methodology. The focus and scope of AQA are but not limited to quantitative tools, such as linear optimization, stochastic process, dynamic programming, econometrics, time series analysis, multivariate/frequentist statistics, bayesian statistics, machine learning algorithm, game theory, data science. The context of the research include but not limited to Accounting, Business and International Management, Industrial Relations, Management Information Systems, Management of Technology and Innovation, Marketing, Organizational Behavior and Human Resource Management, Strategy and Management, Tourism, Leisure and Hospitality Management, Industrial and Manufacturing Engineering, Control and Systems Engineering, Applied Mathematics, Computational Mathematics, Control and Optimization, Modeling and Simulation, Numerical Analysis, Decision Sciences, Management Science and Operations Research, Operations Management, Statistics, Probability and Uncertainty, Information Systems and Management, Economics, Econometrics and Finance, Multidisciplinary.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 70 Documents
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Relationship of Remote Work Arrangements and Productivity of Accountants in a Philippine-Based Global Accounting Firm Celestino, Luz E.; Angana, Gianne Carla B.; Calado, Gloria D.; Cervantes, Seth R.; De Vera, Evangeline M.; Frias, Karl LJ D.; Briones, Jesus P.
Applied Quantitative Analysis Vol. 5 No. 2 (2025): July - December Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.3881

Abstract

Work set-up plays a crucial role in determining employee productivity. This study assessed the relationship between remote work arrangements and productivity of accountants in a Philippine-based global accounting firm. Utilizing a descriptive-correlational methodology, data were collected through a researcher-structured questionnaire administered virtually to 60 randomly sampled accountants. Statistical tests including frequency, percentage, weighted mean, and Pearson correlation coefficients (r) were employed in the data analysis. The findings revealed that remote work arrangements enhanced accountants’ flexibility, work-life balance, employee well-being, and team communication, indicating that the firm’s remote work policies are effectively implemented and are aligned with employees’ needs. Furthermore, the study revealed that respondents can efficiently work, provide good quality output, and consistently meet deadlines, showing enhanced productivity. Consequently, findings showed a highly significant and positive relationship between all dimensions of remote work arrangements and productivity suggesting that offering flexibility and allowing employees to self-regulate and structure tasks independently results in efficient, accurate, and consistent output. Moreover, results revealed that problems including blurred work-life boundaries, isolation, miscommunication, and technological barriers are experienced when on remote work set-up. Theoretically, the study reinforces Self-Efficacy Theory, affirming that accountants’ productivity is influenced by the belief to successfully perform tasks remotely. Finally, the researchers proposed strategies to further enhance productivity during remote work set-up. This study can be used by corporate leaders to enhance internal policies on remote work arrangements, ensuring that policies support enhanced productivity.
Human Capital Profiling in Education: Teachers’ Competence in Integrating AR Technology for Character Education Development Hindrawati, Gita; Inayah, Inayah; Hermawan, Iwan; Suharmanto, Suharmanto
Applied Quantitative Analysis Vol. 5 No. 2 (2025): July - December Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.3936

Abstract

Teachers represent the core human capital within educational systems, serving as the pivotal agents in embedding character education into early childhood curricula framed by the principles of child-friendly schools. This study aims to identify teachers’ competence following storytelling-based character education training and to examine their readiness to utilize Augmented Reality (AR) technology embedded in innovative storybooks as a medium for character formation among Early Childhood Education (ECE) students. Using a quantitative descriptive approach and cluster analysis, data were collected from ECE teachers who had completed training on storytelling and AR-based pedagogical practices. The descriptive findings reveal diverse levels of pedagogical knowledge, digital literacy, and creative implementation, while cluster analysis delineates teacher profiles based on readiness and competence dimensions. Grounded in Intellectual Capital Theory, this study conceptualizes teachers as strategic assets whose cognitive and relational capital underpin the effectiveness of educational innovation. Drawing on Experiential Learning Theory, the integration of AR storybooks is interpreted as a reflective and active learning process that enhances teachers’ capability to design meaningful, technology-enhanced learning experiences. The study contributes to the literature on human capital development in education by offering managerial implications for differentiated professional learning strategies that foster innovation capability and sustain intellectual capital growth in ECE institutions.
Career Adaptability on Transferred Employees: The Role of Emotional Intelligence Assyofa, Allya Roosallyn; Cintantya, Adiva Rahmah; Iss, Affandi; Hidayah, Azzahra Nurul
Applied Quantitative Analysis Vol. 5 No. 2 (2025): July - December Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.3946

Abstract

Career transitions, such as job transfers, present significant psychological and professional challenges for employees. A person’s career adaptability, which encompasses concern, control, curiosity, and confidence in managing career transitions, is crucial for sustaining performance and well-being in dynamic work environments. Emotional intelligence (EI) has been highlighted as an important aspect in allowing successful adaption during such shifts, as it enhances individuals' capacity for flexibility and self-regulation—core components of career adaptability. is described as the ability to notice, analyze, manage, and regulate emotions. Numerous studies have explored EI and career adaptability separately; limited research has specifically examined their relationship within the context of transferred employees. This study investigates the impact of EI on career adaptability among transferred employees—individuals who often face significant professional and psychological adjustments due to organizational relocation or role changes among employees of the West Java & Banten Regional Division of Perum Perhutani. Employing a quantitative approach with descriptive and verification analysis, data were collected from 77 transferred employees using structured questionnaires. EI was measured using Goleman's EI Theory, while career adaptability was tested using Savickas' Career Adapt-Abilities Scale. Statistical analysis was conducted using SPSS 22.0. The results indicate that both EI and career adaptability levels are generally high among participants, with average scores of 82.4% and 82.9%, respectively. Regression study shows a moderate but statistically significant positive connection between EI and career adaptability, with EI accounts for 69.8% of the variance in career adaptability. These findings emphasize the significance of developing EI as a strategic asset in enabling employee transitions and improving adaptive career behaviors.
The Influence of the Use of Information Technology on Internationalization Export Performance in Indonesian Micro, Small, and Medium Enterprises Rahmawati, Santi
Applied Quantitative Analysis Vol. 1 No. 1 (2021): June 2021
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.4079

Abstract

Although micro, small, and medium enterprises (MSMEs) hold an important role in Indonesian economic growth, especially MSMEs that have already done internationalization through export and the use of information technology (IT) for leveraging, there is limited data that can explain their factors and relationships that can influence export performance in order to achieve more. This study aims to analyse the roles of information technology (IT) and internationalization in explaining export performance in micro, small, and medium enterprises (MSMEs). International entrepreneurial orientation, organisational learning orientation, and product/service quality are posited as the basis of internationalization analysis. Respondents are 104 MSMEs involved in the foreign market. This study uses a quantitative method, partial least squares (PLS), to test the hypothesis. The results indicate that export performance is positively significant influenced by international entrepreneurial orientation, and product/service quality. While the use of IT does not directly influence export performance, it does positively influence organisational learning orientation. The study also shows that organisational learning orientation does not positively influence the export performance. Studies on the internationalization of micro, small, and medium businesses in developing countries are still quite limited, so the study contributes to the existing literature on internationalization and international entrepreneurship research.
Defensive (Pseudo) Loyalty in Indonesian Textile Manufacturing: A PLS-SEM Study of Job Insecurity and Toxic Workplace Environment Fujitha, Bella; Aspiranti, Tasya; Suwarsi, Sri
Applied Quantitative Analysis Vol. 5 No. 2 (2025): July - December Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.4080

Abstract

This study examines how job insecurity and a toxic workplace environment shape employee loyalty in Indonesia's textile manufacturing sector, where cost pressure and employment uncertainty are rising. A quantitative survey was administered to 189 permanent and contract employees using proportional stratified random sampling. Measures captured four dimensions of job insecurity, toxic workplace indicators (ostracism, bullying, and workplace harassment), and three loyalty facets (affective, continuance, and normative). Hypotheses were tested using PLS-SEM with bootstrapping. Job insecurity significantly and positively predicts empliyee loyalty (B = 0.550; t = 4.416; p<0.001). A toxic workplace environment also shows a significant positive effect on loyalty (B = 0.287; t = 2.169; p = 0.030). Together, both predictors jointly explain a substantial portion of loyalty variation (R2 = 0.673), with job insecurity emerging as the stronger driver. These findings suggest that loyalty in this context may reflect defensive or pseudo-loyalty; employees remain and comply not primarily due to emotional attachment, but as an adaptive response to uncertainty, financial dependence, and limited job alternatives. The study contributes by reframing loyalty under stress as multidimensional outcome that can mask hidden disengagement. Practically, organizations should reduce insecurity signals through transparent workforce planning and credible development pathways, while strengthening psychosocial safety systems to mitigate workplace toxicity and convert "staying because I must" into sustainable commitment.
Public Trust and Governance in Driving Urban-Rural Economic Mobility through Licensing Ease Hasddin, Hasddin; Saputra, Yusuf Jaya; Wijayanto, Cahyo; Melati, Melati; Hasjad, Hasjad; Tomalili, Rahmanuddin; Arfah, Jabal; Amartani, Kalis
Applied Quantitative Analysis Vol. 5 No. 2 (2025): July - December Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.4081

Abstract

Economic mobility between urban and rural areas is essential for regional development, particularly in Southeast Sulawesi. This study investigates the relationship between business licensing in the transportation sector, good governance, and public trust in enhancing economic mobility. Specifically, it examines how the ease of business licensing influences public trust (H1) and good governance (H2), and how public trust mediates the relationship between licensing reforms and governance outcomes (H3). Adopting a quantitative approach within a positivist paradigm, data were collected through surveys targeting stakeholders involved in transportation-sector licensing. The analysis utilized Structural Equation Modeling with the Partial Least Squares method (SEM-PLS) to test causal relationships. Results indicate that streamlined business licensing significantly improves public trust, thereby strengthening good governance practices. Furthermore, public trust serves as a mediating factor, linking licensing reforms to improved governance outcomes, underscoring its importance for effective policy implementation. These findings underscore the strategic role of licensing reforms in reducing bureaucratic barriers, enhancing transparency, and fostering public confidence—key drivers for urban-rural economic integration. For policymakers, the study highlights that optimizing licensing processes, strengthening governance, and building trust can facilitate investment, improve transportation infrastructure, and accelerate regional economic connectivity. Future research should examine the broader socio-economic implications of licensing system improvements across different sectors and regions to develop more comprehensive strategies for sustainable regional development.
Analysis Of The Effect Of Corrosion Rate On Material Strength Of Ship Hull Steel Plat Kresno Yuntoro; Ali Muktar Sitompul; Lilik Budiyanto; Mariana Kristianti; Devout Prakoso Trismianto
Applied Quantitative Analysis Vol. 6 No. 1 (2026): January - June Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.3875

Abstract

As a vast maritime nation, Indonesia relies heavily on sea transportation, where ships play a critical and indispensable role in maintaining inter-island connectivity and supporting national economic development. However, prolonged exposure of a ship's hull to the harsh marine environment makes the material highly susceptible to electrochemical corrosion. This degradation can significantly compromise the vessel's structural integrity, increase maintenance costs, and threaten operational safety at sea. One of the most effective and widely implemented corrosion protection techniques in the maritime industry is the galvanic cathodic protection system using sacrificial anodes, with zinc (Zn) being a frequently utilized material due to its favorable driving voltage and reliability in seawater. This study specifically investigates and analyzes the corrosion rate and surface morphology changes of zinc anodes installed on various sections of a 1200 DWT Ro-Ro vessel over a comprehensive one-year monitoring period. The research employed weight-loss measurements to determine the precise corrosion rate, while the microstructural surface morphology and elemental composition were analyzed in detail using Scanning Electron Microscopy (SEM) and Energy Dispersive X-Ray Spectroscopy (EDS). The empirical results and data analysis indicate a significant variation in corrosion rates depending on the anode's placement. The highest corrosion rate was observed on the anodes at the vessel's stern, reaching 2.6 mpy, whereas the lowest rate was recorded in the mid-hull section at 0.254 mpy. This disparity is primarily attributed to the complex hydrodynamic conditions around the hull; specifically, the high water turbulence and increased dissolved oxygen concentration near the stern caused by continuous propeller rotation accelerate the anodic dissolution process. Further compositional analysis revealed that aluminum oxide (Al2O3) was the dominant corrosion product, accounting for approximately 46.74% of the total anode material content. SEM observations identified localized pitting and cavity corrosion patterns; nevertheless, more than 50% of the overall anode surface remained electrochemically active and intact after one year of installation. These findings provide essential practical insights for naval architects and ship owners in predicting anode service life, planning material replacement, and optimizing maintenance schedules for marine cathodic protection systems. Future research is recommended to explore the synergistic influence of other environmental parameters, such as salinity, seawater temperature, and vessel operational speed, on the long-term performance of sacrificial anodes.
The Implications of IDX Regulation (Kep-00027/BEI/03-2020) for Audit Delay: Before, During, and After Pandemic Dian Indri Purnamasari; Hari Kusuma Satria Negara; Sri Hastuti; Puji Handayani Kasih; Isnu Angga Winata
Applied Quantitative Analysis Vol. 6 No. 1 (2026): January - June Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.4184

Abstract

Audits play a crucial role in ensuring the reliability of financial statements for stakeholders. However, audit delay may undermine information quality, reduce market confidence, and disrupt decision-making. To address these challenges, the Indonesia Stock Exchange (IDX) issued Regulation Kep-00027/BEI/03-2020, which relaxed reporting deadlines. Nevertheless, limited studies have examined the effectiveness of this regulation across the periods before, during, and after the COVID-19 pandemic. This study aims to analyze the impact of IDX regulation on audit delay by considering auditee characteristics, auditor characteristics, and external factors, with audit tenure as a moderating variable and COVID-19 as a control variable. The research employs secondary data from financial statements of IDX-listed companies during 2016–2024. Ordinary Least Squares (OLS) regression and moderation analysis are applied to evaluate both direct effects of independent variables on audit delay and interaction effects with audit tenure. The findings reveal that the relaxation policy helped reduce audit delay during the pandemic, although its effectiveness varied depending on firm size, profitability, ownership, and operational complexity. Audit tenure demonstrated a dual role: facilitating faster audits for complex firms due to accumulated auditor knowledge, yet potentially compromising independence when the relationship extended excessively. These results contribute to regulatory discourse by highlighting the need for adaptive reporting policies and provide practical insights for companies and auditors in balancing audit efficiency with independence and quality.
The Dominance of Market Expectations over Systematic Risk on Stock Prices: Evidence from Fixed-Effects Panel Regression in Indonesia’s LQ45 Manufacturing Sector Handri; Mutiara Adisty; Fathan Auzan Abdullah; Hamidah Nawal
Applied Quantitative Analysis Vol. 6 No. 1 (2026): January - June Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.4116

Abstract

This study investigates whether traditional market risk or forward-looking expectations dominate stock price formation in emerging markets, using evidence from Indonesia's LQ45 manufacturing sector. While previous studies generally examine risk and expectations separately, this research integrates both variables within a unified empirical framework. Using monthly panel data from five consistently listed firms during 2010-2023 (N = 840 observations), the study applies a fixed-effects panel regression model with Driscoll-Kraay standard errors to address heterogeneity, autocorrelation, and cross-sectional dependence. Market risk is proxied by beta and return volatility, whereas market expectations are measured using sentiment-based indicators. The findings reveal a significant asymmetry between the two determinants. Market risk is statistically insignificant (beta approximately 1.72; t approximately 1.32; p = 0.188), indicating that conventional risk measures fail to explain contemporaneous stock price variation after controlling for firm-specific effects. In contrast, market expectations show a negative and highly significant effect (beta approximately -19.13; t approximately -2.82; p = 0.0049), suggesting that pessimistic sentiment and expectation-driven factors play a dominant role in stock price formation. These results provide evidence that behavioral expectations outweigh traditional risk metrics in emerging markets. The study contributes to the asset-pricing literature by demonstrating that behavioral expectations serve as the primary transmission channel for valuation adjustments. Despite these contributions, the study is limited to a single sector and country context. Future research should extend the framework across industries, incorporate higher-frequency observations, and apply machine-learning-based sentiment measures to improve accuracy.
Support Staff Performance and Client Satisfaction-Based Office Productivity in Higher Education: A Descriptive-Correlational Study G A Batalla; R A Fernando; M Arcillas; J Cerdeña; J G Castillo; A L Barcenal; G Batalla; A Tolentino; F Malitig; L O Barrion
Applied Quantitative Analysis Vol. 6 No. 1 (2026): January - June Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/quant.4337

Abstract

Support staff play an essential role in ensuring the efficient operation of higher education institutions, yet their contribution to office productivity remains underexplored. This study examined the relationship between support staff performance and the productivity of key offices at the City College of Calamba (CCC). Specifically, it assessed support staff performance in terms of work content, work behavior, job specification, work discipline, and job knowledge and competency, and evaluated office productivity through client satisfaction indicators such as responsiveness, reliability, access and facilities, assurance, and outcome. The study employed a quantitative descriptive-correlational research design. Data were gathered using structured questionnaires administered to heads of offices and clients from 14 key offices, covering 40 support staff personnel. Descriptive statistics were employed to present the levels of staff performance and office productivity, while Pearson’s correlation coefficient was used to determine the relationship between support staff performance and the productivity of key offices. Findings revealed that support staff performance and office productivity were both rated very high. Moreover, a strong positive relationship was found between support staff performance and office productivity (r = 0.6333), indicating that higher support staff performance is associated with increased client satisfaction and improved office productivity. The findings highlight the important contribution of support staff to institutional effectiveness and service delivery in higher education institutions. The study provides practical implications for higher education administrators and policy-makers in strengthening staff development programs and improving organizational productivity. The study employed a quantitative descriptive-correlational research design. Data were gathered using structured questionnaires administered to heads of offices and clients from 14 key offices, covering 40 support staff personnel. Descriptive statistics were employed to present the levels of staff performance and office productivity, while Pearson’s correlation coefficient was used to determine the relationship between support staff performance and the productivity of key offices. Findings revealed that support staff performance and office productivity were both rated high. Moreover, a significant and strong positive relationship was found between support staff performance and office productivity (r = 0.6333), indicating that higher support staff performance is associated with increased client satisfaction and improved office productivity. The findings highlight the important contribution of support staff to institutional effectiveness and service delivery in higher education institutions. The study provides practical implications for higher education administrators and policy-makers in strengthening staff development programs and improving organizational productivity.

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