Asian Journal of Applied Business and Management

Cost of Capital, Corporate Reputation and Human Capital Disclosure: A Study of Companies in Indonesia

Setu Setyawan — 2024-11-26

The purpose of this study is to test and analyze the cost of capital and reputation of companies on the Human Resources disclosure. The sample in this study consisted of 318 companies the sample criteria. This research data was analyzed using a regression model of ordinary least square (OLS) estimation technique. Based on testing, researchers found that debt costs and equity costs negatively affect human resource disclosure, while company reputation is positively related to human resource disclosure. In addition, research findings from Indonesia's largest categorized industries show that debt costs and equity costs have a significant negative impact on human capital disclosure. Meanwhile, industries that are not categorized as the largest companies in Indonesia do not show significant results in both debt costs and equity costs. This study got results cost of debt and the cost of equity to human capital disclosure is driven by companies engaged in large-scale industries. This research provides contribution, insight and reference to companies in Indonesia through the HR disclosure index as a benchmark to improve HR disclosure in the future. Also, for policymakers, this research can be a consideration for making policies that HR disclosure practices as mandatory disclosures for companies.

The Effect of Free Shipping, Religiosity, Hedonic Conformity and Promotion on Consumptive Behaviour in Generation Z in Banda Aceh

Alivia Nisya — 2024-11-28

This research aims to analyze the influence of free shipping, religiousness, hedonic conformity and promotion on the consumption behavior of Gen-Z through simple random sampling technique that was done by questioners. The analysis used was double linear regression and was processed by Stata 17 software. The result of this research has shown that partially, some variables like free shipping and hedonic conformity are significantly influential toward the consumptive behavior. However, religiosity and promotion is not influential toward the consumptive behavior. Afterwards, simultaneously, some variables like free shipping, religiosity, hedonic conformity, and promotion are significantly influential toward the consumptive behaviors of the gen-z in Banda Aceh.

Transfer Pricing and Growth Navigation Sales in a Dynamic Tax Environment in Indonesia

Sri Sundari — 2024-11-28

This study focuses on the relationship between transfer pricing and sales growth in a dynamic tax environment in Indonesia. Transfer pricing is an important issue for multinational companies in determining transaction prices between affiliated companies in various countries, including Indonesia, which has complex tax regulations. Transfer pricing practices are often used to optimize a company's tax burden by taking advantage of differences in tax rates between countries. However, the implementation of this strategy is not free from strict supervision by the Indonesian tax authorities, who continue to update policies and regulations to prevent tax avoidance. Along with the growth of the company's economy and sales, the challenges in navigating transfer pricing are increasing. Companies are faced with the need to maintain compliance with tax regulations while still focusing on sustainable sales growth. The dynamic tax environment in Indonesia requires companies to continue to adapt to changes in policies, which can affect their transfer pricing structure. Therefore, understanding the impact of ever-changing tax policies on transfer pricing strategies is an important key for companies that want to grow sustainably and avoid the risk of tax disputes with the authorities.

Public Sector Accounting: A Key to Achieving the Sustainable Development Goals (SDGs)

Angela Batara Sapa’ — 2024-11-28

This study aims to explore the role of public sector accounting in supporting the achievement of the Sustainable Development Goals (SDGs) in Indonesia. Public sector accounting plays a key role in ensuring transparency, accountability, and efficiency in the sustainable management of government finances. This study employs a qualitative method with a literature review approach, examining various research and reports related to the implementation of accrual-based accounting, the Balanced Scorecard (BSC), and sustainable finance. The findings indicate that the implementation of accrual-based Government Accounting Standards (SAP) has improved the quality of local government financial reports, positively impacting public financial governance. Additionally, the use of BSC in performance-based budgeting is deemed capable of supporting the achievement of the SDGs pillars, particularly in the education, health, and economic sectors.

Implementation of Activity-Based Costing to Improve Profitability

Frivaldo Yesbarianus Parindingan — 2024-11-28

This study aims to analyze the application of Activity Based Costing (ABC) to improve the efficiency of cost management in the manufacturing, service, and SME sectors. A literature study was conducted using the field charting method on 21 articles published between 2012-2020. This process identified the advantages of ABC over conventional methods in avoiding cost distortions and providing accurate data for budgeting. The research examined the characteristics of activities in various categories of companies, finding that Unit and Product Level Activity are more commonly applied than Batch and Facility Level Activity. The results show the flexibility of ABC in adjusting the scale of operations, resulting in significant benefits in cost control and resource optimization, thus providing positive implications for business efficiency across sectors.

An Examination of Accounting Practices in the Pisuke Tradition of the Sasak Tribe

Septina Susanthi — 2024-11-29

This study aims to reveal accounting practices in the pisuke tradition of the Sasak tribe in Mantang village. This study uses ethnography as an analytical method with an interpretive paradigm. Data collection was carried out through observation, interviews, and documentation. The results of the study indicate that the amount of pisuke is determined by a woman's social position such as family background, education level, and occupation. The concept of pisuke accounting describes income for women and obligations for men. The self-value of Sasak women in the pisuke tradition is recognized as an asset, capital, income, and burden. The pisuke tradition is not just a provision of material, but also a manifestation of social values such as the values of affection, respect, and family values. This finding can increase public insight that pisuke refers to financing wedding needs like its beginning. This tradition also shows how the Sasak people maintain cultural heritage by maintaining authenticity and preventing its extinction.

The Effect of Government Spending on the Inclusive Economic Development Index on the Island of Sumatra

Try Aqnes Novyta Sary — 2024-11-29

This research is motivated by the high economic growth on the island of Sumatra. Sumatra Island has the second largest Gross Domestic Product (GDP) contribution in Indonesia, namely 21.4 percent and the third highest IPEI. This research aims to examine the influence of government spending on economic functions, public services, health and education on the Inclusive Economic Development Index (IPEI). This research uses the Panel Data Regression Method in 10 Provinces on the Island of Sumatra 2016-2023. The research results show that government spending on economic functions and public services has no effect. Meanwhile, Health and Education have a positive and significant influence on IPEI.

ESG Rating and Firm Value in Emerging Market: Investigating the Mediating Role of Financial Performance

Wahyono Wahyono — 2024-11-29

This study examines the impact of ESG Rating on Firm Value, with Financial Performance as a mediating variable, using a sample of companies included in the IDX ESG Leaders index for the years 2021–2023. The analysis was conducted using PROCESS Macro and bootstrapping methods to identify the direct and indirect effects of ESG practices on Firm Value. The findings reveal that ESG Rating does not have a direct effect on Firm Value, nor does Financial Performance mediate this relationship. These results suggest that in emerging markets like Indonesia, the direct financial benefits of ESG practices are not fully recognized by investors, possibly due to a lower level of awareness and appreciation of sustainability. This study offers insights into the challenges and opportunities for ESG implementation among companies in emerging markets to enhance long-term firm value.

The Influence of Original Local Government Revenue (PAD), Population, and Gross Regional Domestic Product (GRDP) on Regional Expenditure in Kerinci Regency

Dwi Rahmita Sari — 2024-11-29

Regional Expenditure is a crucial component in regional budget planning, functioning to enhance public services and regional development. Regional Original Revenue (Pendapatan Asli Daerah or PAD) serves as one of the funding sources for the region, population size reflects the needs and distribution of resources, and the Gross Regional Domestic Product (GRDP) indicates the economic potential of the area. This study aims to examine the influence of Regional Original Revenue (PAD), population, and GRDP on regional expenditure in Kerinci Regency. Utilizing secondary data obtained from the Central Statistics Agency (BPS) of Kerinci Regency over the past ten years, from 2014 to 2023, this research employs a quantitative approach by applying a multiple linear regression model to identify the relationships between independent variables (PAD, population, and GRDP) and regional expenditure as the dependent variable. The results indicate that Regional Original Revenue, population, and GRDP have a significant impact on regional expenditure.

The Role of Convenience and Usability in the Adoption of Electronic Management Systems: A Theoretical and Empirical Review

Wasis Budiyanto — 2024-11-29

This study aims to analyze the role of convenience and usability in the adoption of electronic management systems (EMS) through a scientometric approach. Using a bibliometric analysis of 1,112 articles published in the Scopus database between 2014 and 2024, this study maps the thematic evolution, trends, and main clusters in the related literature. Topic network visualization techniques using VOSviewer and RStudio were used to identify dominant themes and reveal relationships between topics, such as technology acceptance model (TAM), artificial intelligence (AI), blockchain, and other emerging technologies. The results show that convenience and ease of use continue to be key factors in EMS adoption, especially in sectors such as e-commerce, education, and healthcare. The emergence of new issues such as trust, risk, and privacy signals a shift in the focus of recent research, reflecting the need to consider psychological and social factors in modern technology. The theoretical implications suggest that while traditional models such as TAM are still relevant, the integration of new factors such as user satisfaction and privacy is becoming increasingly important.

Talent Management Framework in China Youth Travel Agency

Wang Yafang — 2024-12-03

In the context of China’s rapidly changing market and evolving workforce demographics, talent management has become a key factor in organizational success, particularly within service-oriented industries like the China Youth Travel Agency (CYTA). This study aims to explore the role of a structured talent management framework in driving employee motivation at CYTA, focusing on four dimensions: Talent Acquisition, Talent Development, Talent Deployment, and Talent Retention. Utilizing a quantitative research design, data was collected from 287 CYTA employees through a structured survey and analyzed using Structural Equation Modeling (SEM) path analysis. The findings reveal that each dimension of talent management significantly enhances employee motivation, with Talent Development showing the strongest impact. This research contributes to the literature by demonstrating the importance of an integrated talent management approach in fostering a motivated and committed workforce, essential for sustaining CYTA’s competitive edge and adapting to the dynamic demands of the travel industry.

Performance Appraisal Systems and Its Impact on Employee's Achievement in China’s Youmi Mobile

Li Bojun — 2024-12-03

Performance appraisal systems are essential tools for aligning employee performance with organizational goals, and they play a particularly crucial role in rapidly growing sectors like China’s technology industry. This study explores the impact of performance appraisal systems on employee achievement at Youmi Mobile, a leading tech company in China, within the context of high-power distance and collectivist cultural norms. Using a quantitative research methodology, the study employed Structural Equation Modeling (SEM) to analyze data from 208 respondents across five key dimensions of performance appraisals: goal setting, performance evaluation, constructive feedback, development and career planning, and documentation. Findings reveal that all dimensions positively influence employee achievement, with development and career planning showing the strongest impact. These results suggest that culturally attuned performance appraisals can significantly boost employee productivity and satisfaction, offering valuable insights for HR practices in China’s tech sector. This research contributes to the broader understanding of performance management in Chinese corporate settings and provides a model for enhancing employee achievement through strategic appraisal systems.