Global Academy of Business Studies, published by Goodwood Publishing, is an online, peer-reviewed, open access scholarly journal that publishes high-quality, critical, and original research in the field of business and management. The journal serves as a platform for researchers, academics, and practitioners to present innovative ideas, empirical findings, and theoretical contributions that advance both the understanding and practice of business.
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Through fostering scholarly exchange and promoting rigorous research, Global Academy of Business Studies aims to bridge the gap between theory and practice, encourage multidisciplinary approaches to business challenges, and contribute to the global discourse on sustainable and innovative business solutions.
Published
2024-08-27
Articles
Determinants of job satisfaction among employees at the Ministry of Religious Affairs Office in Palembang
Purpose: This study aims to examine the influence of competence, independence, and professionalism of government internal auditors on audit quality at the Representative Office of the Financial and Development Supervisory Agency (BPKP) in South Sulawesi Province.
Research methodology: The study involved 40 respondents selected through random sampling from all internal auditors at the BPKP Representative Office. A quantitative approach was applied using primary data collected through questionnaires. Data were analyzed using descriptive statistics, normality and linearity tests, multicollinearity, heteroscedasticity, multiple regression, R Square, t-tests, and F-tests.
Results: The findings indicate that competence and professionalism significantly and positively affect audit quality, whereas independence has a positive but insignificant effect. Simultaneously, competence, independence, and professionalism collectively have a positive and significant impact on audit quality at BPKP South Sulawesi.
Conclusion: Audit quality is largely determined by competence and professionalism, highlighting the importance of expertise and professional standards in ensuring effective supervision. Independence alone is insufficient without strong competence and professionalism.
Limitation: The research was limited to a small sample size within a single regional office, which may restrict its generalizability. Broader studies across multiple regions and larger populations are therefore recommended.
Contribution: This study enriches the public sector auditing literature by highlighting the mediating role of competence and professionalism. Practically, it guides policymakers and BPKP to strengthen training, continuous professional development, and auditing standards to enhance accountability and effectiveness.
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SintaTowards the financial well-being of Gen-Z: A study at Tri Ratna School – Jakarta with Locus of Control as a mediation variable
Purpose: This study aimed to analyze the influence of financial literacy and lifestyle on financial well-being among Generation Z (Gen-Z), with the locus of control as a mediating variable. In this study, the locus of control refers to an individual's belief in internal and external influences in decision-making or taking action, which is expected to mediate the relationship between financial literacy, lifestyle, and financial well-being.
Research methodology: The data used in this study were collected through a survey of Gen-Z students, teachers, and staff members at Tri Ratna School-Jakarta, aged between 16 and 27 years. The analysis was conducted using Partial least squares structural equation modeling (PLS-SEM) was used to test the relationships between variables.
Results: This study’s findings are expected to provide insights into the importance of financial literacy and the influence of lifestyle in shaping the financial well-being of Gen Z, as well as the role of locus of control in strengthening or weakening these influences. The findings are expected to serve as a reference for financial education and the development of more effective policies to improve the financial well-being of younger generations in Indonesia, particularly at Tri Ratna School-Jakarta.
Conclusions: Financial well-being among Gen-Z is determined not only by literacy and lifestyle but also by the locus of control, which functions as a psychological driver of effective financial behavior. Integrating financial education with self-control and lifestyle management can improve financial resilience.
Limitations: This study was limited to one institution in Jakarta, which may not represent a broader population. It also relies on self-reported data that may be biased.
Contribution: This research contributes to financial education by highlighting the importance of the locus of control and lifestyle choices in shaping Gen’s financial well-being, providing insights for schools and policymakers.
Prediction of financial distress in transportation and logistics companies before, during and after the Covid-19 pandemic listed on the Indonesia Stock Exchange
Purpose: This study aims to predict financial distress in transportation and logistics companies before, during, and after the Covid-19 pandemic.
Research Methodology: A total of 23 transportation and logistics companies were selected as the research sample using purposive sampling method. Secondary data from audited financial statements for 2019–2023 were analyzed. Three financial ratios—Current Ratio (CR), Return on Assets (ROA), and Debt-to-Asset Ratio (DAR)—were used as input variables. An Artificial Neural Network (ANN) with a multilayer perceptron backpropagation algorithm was employed to train and test the prediction models. The best architecture was identified by comparing the model performance across variations in hidden neurons.
Results: The results reveal that companies reported as financially distressed have lower average values for the three ratios than companies not experiencing financial distress, making them suitable input variables. The best artificial neural network architecture in this study included an input layer with 60 neurons, a hidden layer with 15 neurons, and an output layer with a single neuron. This architecture achieved a training performance mean square error (MSE) of 0.125004 and an R-value of 50.00%. The study's findings suggest that 12 companies are likely to experience financial distress.
Conclusions: Financial ratios are effective indicators of distress, and ANN models can predict potential bankruptcy with a reasonable accuracy.
Limitations: This study is limited to three financial ratios and a single sector, which may not fully capture the broader determinants of financial distress.
Contribution: This study contributes to the financial distress prediction literature by applying ANN to transportation and logistics firms in Indonesia and offers practical tools for stakeholders to anticipate risks and design preventive strategies.
Development of investment activities in the automobile industry of Uzbekistan in the conditions of the digital economy
Purpose: This study examines innovative indicators of industrial growth reserves. Activating innovative factors is the most difficult but promising way to increase industrial production.
Research Methodology: This study examines the factors influencing nanoinvestment activities on increasing the efficiency of economic indicators of enterprises in the automotive industry, the classification of investments, methods of assessment in the study of existing problems in the national automotive industry market, and methods of analysis based on the presented approaches.
Results: The analysis made it possible identified significant reserves in increasing the level of capacity utilization, increasing labor productivity, modernizing fixed assets, and diversifying and increasing the competitiveness of the industry.
Conclusions: This study concludes that industrial modernization, supported by nanoinvestments and innovation policies, provides a sustainable trajectory for growth. Enhancing innovation ecosystems, encouraging strategic investment, and upgrading production capacity are key to addressing the current structural weaknesses.
Limitations: The scope of the analysis is limited to the national automotive industry and does not fully incorporate global market fluctuations, long-term investment risks, or external macroeconomic shocks, which may influence the results.
Contribution: This study integrates nanoinvestment into the broader discussion of industrial growth reserves, offers a structured classification of investment mechanisms, and provides practical insights for policymakers and industry stakeholders seeking to achieve competitiveness through innovation.
Pages: 135-145
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The impact of cultural values, security perceptions, and influencer interactions on social commerce adoption in Indonesia
Purpose: This study aims to analyze the influence of local cultural values, perceived security and privacy, consumer–influencer interactions, the use of social commerce, and marketing strategies through social media on social commerce adoption in Indonesia. The transformation from e-commerce to social commerce has reshaped consumer behavior, emphasizing trust, engagement, and cultural adaptation on digital platforms.
Methods: A quantitative approach was applied using an online questionnaire distributed to 300 respondents in Indonesia. Data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) to evaluate the relationships among cultural, behavioral, and technological factors influencing social commerce adoption.
Results: The findings confirm that All five hypotheses were accepted. Local cultural values, perceived security and privacy, influencer interaction, social commerce usage, and social media marketing strategies significantly affect adoption and usage. Perceived security and privacy enhance consumer trust, influencer interaction fosters engagement, and social media marketing increases purchase intention.
Conclusion: This study concludes that cultural adaptation, trust-building, and interactive marketing are key to strengthening consumer engagement and adopting social commerce in Indonesia.
Limitation: This study is limited to a cross-sectional dataset of Indonesian respondents and does not capture longitudinal changes or regional variations in consumer behavior.
Contribution: This study enriches the understanding of digital consumer culture by integrating sociocultural and technological perspectives, offering practical insights for businesses to develop culturally adaptive and trust-oriented social commerce strategies.
