Journal of Multidisciplinary Academic Business Studies

Journal of Multidisciplinary Academic Business Studies Published by Goodwood Publishing, Journal of Multidisciplinary Academic Business Studies is an online peer-reviewed, open access scholarly journal, which publishes critical and original analysis from researchers and academic practitioners on various business issues. Journal of Multidisciplinary Academic Business Studies welcomes high-quality manuscripts covering original research articles, review articles, book reviews, case reports, and discussions aimed at advancing both theoretical and practical development on areas business

Journal of Multidisciplinary Academic Business Studies Published by Goodwood Publishing, Journal of Multidisciplinary Academic Business Studies is an online peer-reviewed, open access scholarly journal, which publishes critical and original analysis from researchers and academic practitioners on various business issues. Journal of Multidisciplinary Academic Business Studies welcomes high-quality manuscripts covering original research articles, review articles, book reviews, case reports, and discussions aimed at advancing both theoretical and practical development on areas business

Published
2024-08-01

Articles

Analysis of power organization and political theory: The dynamics of complexity in the era of digital transformation

Purpose: This study aims to analyze the interconnection between organizational theory, power, and politics in the context of digital transformation, focusing on identifying new patterns in organizational power dynamics and their implications for management effectiveness Research Methodology: This study adopts a qualitative meta-analysis of 150 academic articles from reputable journals (2000-2024) using Scopus, Web of Science, and JSTOR databases. The analysis used ATLAS.ti software for thematic coding and content analysis, with validation through expert panel reviews from 12 senior academics in the field of organizational theory. Results: This study identifies five transformative patterns in organizational power: the digitization of authority, hybridization of power structures, emergence of virtual politics, reconfiguration of the influence base, and evolution of control mechanisms. The developed analytical framework integrates digital, structural, and relational dimensions in the analysis of an organization’s power. Conclusions: Digital transformation reshapes processes and power, requiring managers to adapt their strategies to balance authority, relationships, and virtual influence arenas. Limitations: The major limitations include a focus on the formal organization of the technology and financial sectors and the dominance of literature from advanced economies. The research does not include a direct empirical analysis of power dynamics in purely virtual organizations. Contribution: This study contributes to the development of contemporary organizational theory through the integration of digital perspectives in power analysis and provides a practical framework for organizational political management in the digital era.

Analysis of the effect of dividend policy and profitability on stock price

Purpose: This study tests the hypothesis that dividend policy and profitability affect stock prices in food and beverage subsector companies listed on the Indonesia Stock Exchange (IDX). Research Methodology: A quantitative approach with purposive sampling was used, selecting 15 companies (45 data points). Data were analyzed using classical assumption tests, multiple linear regression, t-tests, F-tests, and the coefficient of determination (R²). Secondary data were obtained from the official IDX reports. Results: The findings show that dividend policy and profitability significantly affect stock prices (sig = 0.000 < 0.05). Partially, dividend policy significantly affects stock prices (sig = 0.021 < 0.05), while profitability has a stronger and significant effect (sig = 0.000 < 0.05). The model explains 63% of the variation in the stock prices. Conclusions: Dividend policy and profitability are key determinants of stock price movements in the food and beverage subsector, with profitability exerting a greater influence. Limitations: This study is aimed only at Food and Beverage subsector companies listed on the IDX during the period 2020-2022. Contribution: This research is expected to be useful as a reference material in the same research and further research at PGRI University Palembang and is expected to be used as input for research sites to make decisions about the effects of dividend policy and profitability on stock prices in food and beverage subsector companies listed on the IDX.

Impact of organizational diversity on safety culture and performance in PT. UVW Indonesia

Purpose: This study examined the influence of organizational diversity on safety culture and performance in PT. UVW is a global chemical company based in Indonesia. Utilizing the Cultural Intelligence (CQ) framework, Social Identity Theory, and Resource-Based View (RBV), this study investigates how different employee backgrounds affect safety outcomes. Method: By employing an approach that integrates qualitative interviews with quantitative KPI analysis, this study demonstrates that diversity improves safety culture through various perspectives and innovative solutions. Nonetheless, to maximize these benefits, it is essential to address challenges, such as communication barriers and conflicts. Result: The findings highlight that effective diversity management, inclusive communication, comprehensive training, and strong leadership within a diverse organizational demography of gender, age, work tenure, and educational background are vital for cultivating a positive safety culture. The research emphasizes that when strategically managed, organizational diversity can be a significant asset, enhancing safety performance and creating a safer and more efficient workplace. This research offers practical insights for multinational companies seeking to leverage diversity while overcoming the associated challenges to boost safety culture and performance. Conclusions: Organizational diversity, when managed strategically with inclusive leadership and comprehensive training, serves as a valuable asset that strengthens safety culture and enhances organizational performance. Limitations: This study was limited to PT. UVW’s manufacturing site in Indonesia and relied on self-reported data, which may restrict the generalizability of results. Contribution: The study provides practical insights for multinational companies on leveraging diversity to improve safety outcomes and theoretical contributions by applying CQ, Social Identity Theory, and RBV to workplace safety research.

Efforts to reduce illegal parking in Lampung Province

Purpose: This study examines how land is designated as no-parking zones and the efforts to suppress illegal parking in Lampung Province. Research Methodology: The method used in this research is descriptive qualitative. Results: Findings show ten areas where parking is prohibited: on bends, shoulders, or bridges; pedestrian or bicycle tracks; near traffic lights; main roads; in front of or close to stopped vehicles; within 6 m of intersections; within 9 m of bus stops (unless damaged); within 3 m of fire hydrants or areas hindering fire-fighting access; along slippery roads; on overpasses, tunnels, or their approaches; and on grass verges or shoulders. To address illegal parking, the Lampung Province Transportation Agency has taken several measures: mapping parking zones, improving management to support traffic flow and local revenue (PAD), fostering community and government awareness, providing guidance to ensure proper management, and enforcing sanctions. However, emphasis is placed more on education and guidance than punishment. Conclusions: Effective parking management, supported by public awareness, government intervention, and structured regulations, is essential for traffic safety and efficiency. Limitations: The study is limited to Lampung Province and uses descriptive data, restricting broader generalization. Contribution: This research offers practical insights for regional governments to improve traffic order through structured parking management and emphasizes the role of education and community awareness in reducing illegal parking.

Analysis of the development of the tourism and creative economy sector in Bima Regency, West Nusa Tenggara

Purpose: This study aims to analyze the development of the tourism sector and the creative economy in the Bima district and the extent to which the tourism and creative economy sectors have contributed to economic growth at both the regional and national levels. Research Methodology: A descriptive qualitative approach was applied using SWOT analysis to identify internal strengths and weaknesses, as well as external opportunities and threats. Data were obtained through field observations, stakeholder interviews, and document reviews. Results: The analysis shows that Bima Regency possesses diverse tourism resources and creative economy products, but their development is uneven. Only destinations with large capital investments have progressed, while many potential attractions remain underdeveloped. Key weaknesses include limited certified tourism human resources, insufficient culinary training, low innovation among MSMEs, and weak collaboration. Conclusions: Tourism and creative economy development in Bima requires an aggressive S–O strategy that leverages strengths and opportunities by improving human resource capacity, enhancing MSME innovation, expanding culinary programs, and strengthening partnerships. Limitations: This study focused only on Bima Regency, limiting the generalizability of its findings to other regions. The qualitative nature of the research also restricts the quantitative measurement of economic impacts. Contribution: This study contributes to the regional development discourse by offering strategic insights for sustainable tourism and creative economy growth, aligning local initiatives with national policies to increase competitiveness and economic resilience.