Fundamental and Applied Management Journal
Strategic and Operations Management, addressing strategic decision-making, operational excellence, supply chain, process improvement, and performance management. Business and International Management, covering global strategy, cross-border operations, internationalization, and comparative management practices. Marketing and Consumer Studies, exploring market strategy, consumer behavior, branding, digital marketing, and marketing analytics. Human Resource Management and Organisational Behaviour, focusing on talent management, leadership, motivation, organizational culture, and workplace behavior. Entrepreneurship and Management of Innovation, examining venture creation, entrepreneurial ecosystems, innovation strategy, and scaling new businesses. Management of Technology and Innovation, investigating technology adoption, digital transformation, R&D management, and innovation processes in organizations. Corporate Social Responsibility and Sustainability, addressing sustainable strategy, ESG, social impact, stakeholder engagement, and responsible business practices. Corporate Governance, covering board effectiveness, governance structures, accountability, transparency, and regulatory compliance. Financial Management, focusing on corporate finance, investment decisions, financial performance, risk management, and financial planning.
Articles
47 Documents
Why Coaching Turns Directive: Identity Threat and Double-Loop Learning in Coaching Interactions
Iwan Pramana;
Indria Handoko
Fundamental and Applied Management Journal Vol. 4 No. 1 (2026): Fundamental and Applied Management Journal
Publisher : Global Research Collaboration
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DOI: 10.66314/famj.v4i1.416
Coaching is widely understood as a non-directive approach. Coaching is aimed at developing individual thinking capacity and autonomy. However, coaching interactions in practice often shift toward directive behaviors. A phenomenon referred to as directive drift. This paper develops a conceptual model to explain why coaching turns directive. The model integrates identity threat, role conflict, and perceived social expectation within coaching interactions. The model proposes that when coachees explicitly or implicitly expect direct answers, leaders experience perceived social pressure. This pressure triggers identity threat related to their role as competent experts. This threat intensifies role conflict between functioning as a non-directive coach and a directive problem-solver. As a result, leaders are more likely to engage in directive behaviors such as advice-giving. Such behaviors may provide short-term relief for both the leader and the coachee. However, they risk undermining long-term autonomy and problem-solving capability. As a theoretical contribution, this paper introduces double-loop learning as a reflective mechanism. This mechanism can interrupt directive drift. By examining underlying assumptions about leadership identity and the need to provide answers, leaders can sustain non-directive coaching practices. This study reframes directive behavior. It is not merely a skill deficit. Instead, it is an identity-driven response shaped by social expectations. The paper also proposes a process model. This model explains both the emergence and mitigation of directive drift.
Does Financial Literacy Matter? The Mediating Role of Financial Inclusion in Shaping Students’ Financial Management Behavior
Sumantri;
Albetris;
Muhammad Akbar
Fundamental and Applied Management Journal Vol. 3 No. 2 (2025): Fundamental and Applied Management Journal
Publisher : Global Research Collaboration
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DOI: 10.66314/famj.v3i2.578
This study aims to examine the effect of financial literacy on financial management behavior, with financial inclusion acting as a mediating variable among university students. Using a quantitative approach, data were collected through a structured questionnaire distributed to undergraduate students of the Management Department at the Graha Karya Muara Bulian University, covering cohorts from 2020 to 2025. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results indicate that financial literacy does not have a significant direct effect on financial management behavior. However, financial literacy has a positive and significant effect on financial inclusion, and financial inclusion, in turn, significantly influences financial management behavior. Furthermore, the mediation analysis reveals that financial inclusion fully mediates the relationship between financial literacy and financial management behavior. These findings suggest that financial knowledge alone is insufficient to shape sound financial behavior without adequate access to financial services. Therefore, improving financial inclusion is essential to enhance the effectiveness of financial literacy in promoting better financial management behavior, particularly among students.
ESG Disclosure and Firm Performance: Evidence on Profitability, Market Value, and Cost of Debt from Indonesia
Yolanda, Audrey Michelle Wenny;
Darmawati, Darmawati;
Hamzah, Baginda;
Herdiyana, Andi Raina Ananda
Fundamental and Applied Management Journal Vol. 4 No. 1 (2026): Fundamental and Applied Management Journal
Publisher : Global Research Collaboration
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DOI: 10.66314/famj.v4i1.635
The growing prominence of Environmental, Social, and Governance (ESG) initiatives has prompted extensive debate regarding their financial consequences, particularly within emerging economies where empirical findings remain limited. This study explores the influence of ESG disclosure on firm performance among Indonesian companies listed in the Kompas100 index from 2017 to 2023. Employing unbalanced panel data regression models, the analysis evaluates three financial dimensions: profitability, market valuation, and cost of debt. The results indicate that ESG disclosure has a positive and statistically significant impact on profitability, suggesting that greater transparency in sustainability practices enhances operational efficiency and strengthens internal financial outcomes. Conversely, the association between ESG disclosure and market valuation is positive yet statistically insignificant, implying that investors in Indonesia’s capital market have not fully incorporated ESG considerations into their valuation processes. Moreover, ESG disclosure exhibits a negative but insignificant relationship with the cost of debt, indicating that lenders have not systematically embedded ESG factors into credit assessments. The findings indicate that ESG disclosure improves internal financial performance but exerts only a limited influence on external financial perceptions within Indonesia’s corporate landscape.
How New Public Management Drives Service Performance: The Mediating Roles of Servant Leadership and Leadership Behaviour Dimensions
Herman;
Amin, Shofia;
Indrawijaya, Sigit;
Rosita, Sry
Fundamental and Applied Management Journal Vol. 4 No. 1 (2026): Fundamental and Applied Management Journal
Publisher : Global Research Collaboration
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DOI: 10.66314/famj.v4i1.639
New Public Management (NPM) has been widely adopted to improve public sector performance through efficiency, accountability, and performance-based management. However, the success of such reforms depends not only on managerial systems but also on leadership mechanisms that translate reform principles into service outcomes. This study aims to examine the effect of NPM on service performance through the mediating roles of servant leadership, task-oriented behaviour, relations-oriented behaviour, and change-oriented behaviour. This study employed a quantitative explanatory design using Partial Least Squares Structural Equation Modeling (PLS-SEM). Data were collected from 200 civil servants working in local government organizations in Jambi Province, Indonesia, through a structured questionnaire. The measurement and structural models were evaluated using SmartPLS 4.0. The findings show that NPM has a significant positive effect on servant leadership as well as on task-oriented, relations-oriented, and change-oriented behaviours. NPM also has a direct positive effect on service performance. Among the proposed mediators, only servant leadership has a significant positive effect on service performance and significantly mediates the relationship between NPM and service performance. In contrast, task-oriented, relations-oriented, and change-oriented behaviours do not show significant effects on service performance and do not mediate the relationship. These findings indicate that the effectiveness of NPM reforms is strongly influenced by value-based leadership rather than by behavioural dimensions alone. This study contributes to the public administration literature by offering a multidimensional mediation model and demonstrating that servant leadership is a more decisive mechanism in translating managerial reforms into improved service performance.
Ambidextrous Green Human Resource Management and Employee Green Creativity in Eco-Tourism Homestays: The Mediating Role of Green Knowledge Sharing
Setiono, Agus;
Suroso, Agus;
Darmawati, Dwita
Fundamental and Applied Management Journal Vol. 4 No. 1 (2026): Fundamental and Applied Management Journal
Publisher : Global Research Collaboration
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DOI: 10.66314/famj.v4i1.661
This study investigates how ambidextrous green human resource management (AGHRM) fosters employee green creativity (EGC) in eco-tourism homestays, with green knowledge sharing (GKS) as a mediating mechanism. Drawing on ambidexterity theory, this study addresses the dual challenge faced by small-scale eco-tourism enterprises in balancing environmental compliance with sustainable service innovation.Using survey data from 300 employees around GunungLeuser National Park, the model was tested using partial least squares structural equation Modelling (PLS-SEM). The results show that AGHRM significantly enhances GKS, which in turn positively influences EGC, while the direct effect of AGHRM on EGC is not significant, indicating an indirect-only mediation effect. These findings provide empirical support for the application of ambidexterity theory to explain employee-level environmental creativity through knowledge-sharing processes.This study highlights the importance of structured knowledge sharing in translating green HRM practices into employee creativity in eco-tourism homestays.
Determinants of Sharia Stock Prices: Financial Performance, Capital Structure, and Interest Rates
Widaningsih, Sani;
Waspada, Ikaputera;
Mayasari, Mayasari
Fundamental and Applied Management Journal Vol. 4 No. 1 (2026): Fundamental and Applied Management Journal
Publisher : Global Research Collaboration
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DOI: 10.66314/famj.v4i1.662
This study examines the extent to which financial performance, capital structure, and interest rates influence sharia stock prices. Financial performance is represented by return on assets, current ratio, and cash flow from operations, while capital structure is measured by debt to equity ratio. Interest rates are incorporated as a macroeconomic factor, and firm size is included as a control variable. The study employs a quantitative approach using balanced panel data drawn from sharia compliant firms consistently included in a major Islamic stock index over the 2015 to 2024 period. The final sample consists of 220 firm year observations. Panel data estimation is conducted using the Random Effects Model, selected on the basis of model specification tests. The results show that current ratio and interest rates have a significant negative effect on sharia stock prices. In contrast, return on assets, debt to equity ratio, and cash flow from operations do not exhibit a significant effect. Firm size shows a marginal negative effect at the 10 percent significance level. These findings suggest that investors in sharia equity markets respond more strongly to liquidity conditions and monetary policy signals than to several other firm specific financial indicators. This study contributes to the Islamic capital market literature by integrating firm level fundamentals and macroeconomic variables within a panel data framework and by providing updated empirical evidence on the determinants of sharia stock prices.
Roles of Marketing Innovation Strategies for Company Performance: A Systematic Literature Review Investigation
Mulyono, Sri
Fundamental and Applied Management Journal Vol. 4 No. 1 (2026): Fundamental and Applied Management Journal
Publisher : Global Research Collaboration
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DOI: 10.66314/famj.v4i1.749
Marketing innovation strategies are increasingly recognized as critical drivers of company performance. However, many firms fail to effectively align these strategies with their performance objectives, leading to inefficiencies and reduced competitiveness. This study aims to examine the role of marketing innovation strategies in enhancing company performance across different contexts. To achieve this objective, a systematic literature review (SLR) was conducted using the PRISMA approach, analyzing articles published between 2019 and 2024 and indexed in the Scopus database, focusing on marketing innovation, market strategies, and the roles of marketing innovation strategy. The findings reveal that marketing innovation has a direct and positive impact on company performance by enhancing customer value, strengthening customer loyalty, improving financial outcomes, and supporting sector-specific competitiveness in industries such as Islamic banking. In addition, marketing innovation is closely linked to product innovation, and their integration leads to stronger performance outcomes. The results also indicate that external innovation partnerships significantly strengthen marketing innovation strategies by providing access to additional resources and capabilities. Furthermore, the impact of innovation varies depending on firm size, with larger firms benefiting more from broader innovation approaches, whereas smaller firms tend to prioritize process-based innovations for immediate gains. This study concludes that marketing innovation strategies must be strategically aligned with organizational capabilities and contextual conditions to effectively improve company performance, offering important implications for managers and policymakers in developing more adaptive and integrated innovation strategies.