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
2025-05-16

Articles

The effect of economic freedom, economic complexity and population growth rate on per capita income

Purpose: This study investigates the effects of economic freedom, economic complexity, and population growth on per capita income across different groups of countries classified by income level, namely, high-, upper-middle-, lower-middle-, and low-income countries. Methodology: This study applies panel data regression using a cross-sectional dataset covering 102 countries. Per capita income is employed as the dependent variable, while the independent variables consist of indicators of economic freedom, complexity, and population growth. Separate analyses were conducted for each income group to identify heterogeneous impacts. Results: The findings revealed diverse effects across income levels. In high-income countries, only trade freedom significantly and positively influences the per-capita income. For upper-middle-income countries, none of the variables demonstrated significant effects. In lower-middle-income countries, monetary freedom is positively related to per capita income, whereas economic complexity is negatively related. In low-income countries, business freedom is the only factor that significantly enhances per capita income. Collectively, all independent variables significantly influenced per capita income across all income groups, with adjusted R² values ranging from 28.2% to 59.6%. Conclusions: The study concludes that the drivers of per-capita income vary across income classifications. The structural differences among country groups necessitate context-specific policy approaches rather than one-size-fits-all strategies. Limitations: The use of secondary cross-sectional data and a limited set of explanatory variables may not capture the full dynamics influencing income levels. Contribution: This research enriches the discourse on economic development by offering empirical evidence of differentiated impacts across income groups, providing valuable insights for policymakers in designing tailored economic strategies.

Impact of social media marketing activity on brand loyalty

Purpose: This study examines the effectiveness of Social Media Marketing Activities (SMMA) in enhancing brand loyalty at PT. Mumpuni Inti Mandiri. It evaluates customer perceptions of SMMA, self-brand connection, brand equity, brand trust, and their influence on brand loyalty. Method: A quantitative positivist approach was applied. Data were gathered through online surveys targeting PT customers. Mumpuni Inti Mandiri. Structural equation Modelling (SEM) using Partial Least Squares (PLS) via SmartPLS 3.2.6 was employed to analyze the data. Validity and reliability tests ensured the accuracy of the instruments. The hypotheses were tested using one-tailed T-statistics. Results: The results show that Customer perceptions of SMMA, self-brand connection, brand equity, brand trust, and brand loyalty were in the high category. SMMA significantly influences self-brand connection, brand equity, and brand trust. Moreover, brand loyalty is affected both directly and indirectly by these mediators. This implies that PT. Mumpuni Inti Mandiri’s social media strategies are effective in fostering emotional connection, consumer trust, and long-term loyalty. Conclusions: SMMA plays a vital role in building brand loyalty by enhancing brand-related psychological factors. Integrated social media marketing efforts have proven to be valuable in creating strong brand-consumer relationships. Limitations: The study’s scope was limited to one company and used self-reported survey data, which may affect generalizability. Contribution and Novelty: This study introduces an integrated model that connects SMMA with brand loyalty through emotional and cognitive pathways, offering insights into effective digital branding strategies in emerging markets.

Evaluation analysis of the special autonomy fund assistance program in improving the welfare of indigenous Papuans in Kwamki Narama District, Mimika Regency

Purpose: This study evaluates the effectiveness of the Special Autonomy Fund Assistance Program in improving the welfare of Indigenous Papuans in the Kwamki Narama District, Mimika Regency, focusing on education, health, and the economy. Method: A descriptive quantitative approach was applied with 100 respondents from 10 villages, selected using the Slovin formula. Data were gathered through Likert-scale questionnaires and in-depth interviews with key stakeholders and analyzed using descriptive statistics to assess welfare improvements. Results: The findings show improvements in education (mean = 3.67) and health (mean = 3.85), reflecting better access to schools, educational support, and healthcare services. However, the economic dimension showed limited progress (mean = 3.13), with minimal impact on job opportunities, income, and household needs. The overall welfare score was 3.55, suggesting a moderately positive perception of the program. Conclusions: The program has effectively enhanced education and health but has not significantly improved economic empowerment of women. Broader strategies are needed to strengthen economic opportunities and achieve sustainable and equitable welfare outcomes. Limitations: The findings rely on perceptions within one district, limiting generalization to other Papuan regions, and do not consider qualitative factors such as cultural or governance dynamics that may affect the outcomes. Contribution: This study contributes empirical evidence to the discussion on regional autonomy, highlighting the partial success of Papua’s Special Autonomy Fund and the need for policy adjustments to better integrate economic empowerment and social development.

Factors influencing the attraction of foreign direct investment to the economies of developing countries

Purpose: The author would like to thank all researchers and institutions whose empirical studies and theoretical contributions have shaped our understanding of the determinants of FDI in developing countries. We also appreciate the academic databases and journal publishers for providing open access to critical literature. Research methodology: This study uses a qualitative analytical approach based on an extensive review of 40 peer-reviewed articles (2020–2024) on foreign direct investment (FDI), emphasizing the OLI paradigm and Knowledge-Capital Model. Through thematic analysis, it identifies key determinants market size, institutional quality, and infrastructure revealing regional and sectoral variations. Results: The OLI paradigm highlights key FDI determinants, emphasizing market size, GDP growth, and skilled labor as major attractors. While low labor costs drive manufacturing FDI, high-tech sectors favor productivity and innovation. Tax incentives, resources, and strong intellectual property rights also influence investment, depending on institutional and regulatory quality. Conclusions: In developing countries, the determinants of FDI have shifted from a reliance on natural resources and low-skilled labor to a greater emphasis on skilled labor, digital infrastructure, and institutional quality. To attract high-value FDI, scholars emphasize the need for a balanced strategy that includes improving the education system, advancing digital readiness, and fostering innovation ecosystems. Limitations: This study is limited by its reliance on secondary data and qualitative analysis, which may not fully capture the dynamic, country-specific investment behaviors. Contribution: This study contributes to the FDI literature by synthesizing recent empirical findings to highlight the evolving importance of institutional quality, digital infrastructure, and human capital in developing countries.

The role of the media in strengthening freedom of expression and democratic institutions in Uzbekistan

Purpose: This study examines the role of mass media in strengthening freedom of expression and supporting the development of democratic institutions in Uzbekistan. It emphasizes how the media operates not only as an information provider but also as a strategic tool that facilitates communication between the state and society, creating a transparent and open information environment essential for democracy. Research methodology: This study uses historical-logical, content, and systematic analyses, along with observation, to examine the evolution of media functions, legislative frameworks ensuring media freedom, and institutional practices affecting press independence and accountability in Uzbekistan. Results: The findings indicate that mass media play a decisive role in shaping public awareness, political participation, and civic culture. The transition into the digital age has expanded the functions of the media, making it a central driver of social and political change. This study underscores the urgency of building strong institutional, legal, and economic mechanisms to preserve independence, limit manipulation, and promote balanced regulation between freedom of speech and digital security, especially against misinformation and harmful content. Conclusions: Mass media in Uzbekistan has become a cornerstone for advancing democratic values and civic engagement. Sustaining this role requires coherent state policies that encourage openness and mitigate digital threats. Limitations: This study is limited to the national context of Uzbekistan and focuses primarily on institutional and legislative dimensions, thus not capturing informal or regional media dynamics. Contribution: This research enriches the scholarly debate on transitional democracies by providing insights and recommendations for policymakers, media institutions, and academics to foster free expression and consolidate democratic governance.

Analysis of financial management in the implementation of Minabua Village development, Mimika Regency

Purpose: This study aimed to analyze financial management in the implementation of development in Minabua Village, Mimika Regency. The main focus is to evaluate the planning, implementation, and reporting of the village budget in line with the principles of transparency, accountability, participation, and effectiveness. Monitoring and evaluation of village funds are essential instruments for improving community welfare, with good financial management as a prerequisite for realizing sustainable village development. Methodology: A descriptive qualitative approach was employed using surveys, observations, in-depth interviews, and documentation studies. The informants included village officials and community leaders. Data were analyzed through reduction, presentation and conclusion drawing. Results: The findings indicate that financial management in the Minabua Village has shown progress. Planning has involved community participation through village deliberations but has not fully addressed the priority needs. Implementation demonstrates accountability and transparency; however, community participation remains limited. Reporting and accountability are constrained by the lack of technical capacity of village officials. Furthermore, monitoring and evaluation conducted by regional authorities are weak and largely administrative in nature. Conclusions: Although transparency and accountability in financial management are relatively strong, shortcomings in community participation and technical reporting hinder effective implementation. Stronger monitoring and evaluation mechanisms are required. Limitations: This study was limited to a single village and may not represent broader practices across Mimika Regency or Papua. Contribution: This study provides empirical insights into village financial management, offering policy-relevant recommendations to strengthen transparency, participation, and evaluation as foundations for improved village development outcomes.