Journal Of Resource Management, Economics And Business

KNOWLEDGE CAPABILITY AS A MEDIATOR BETWEEN WORK CULTURE AND INNOVATION PERFORMANCE IN BANDUNG COFFEE SHOPS

2026-08-27T12:04:13+07:00

Purpose: This study examines the relationship between work culture and innovation performance, and tests whether knowledge capability mediates that relationship in Bandung coffee shops.

Research Methodology: Drawing on the Resource-Based View and Knowledge-Based View, this quantitative explanatory study analyzed 160 valid questionnaires completed by owner-managers, head baristas, supervisors, and senior operational staff. Purposive sampling was used, and the hypothesized relationships were assessed with PLS-SEM in SmartPLS 4.

Results: Work culture was positively associated with innovation performance (β = 0.312, p < 0.001) and knowledge capability (β = 0.548, p < 0.001). Knowledge capability was positively associated with innovation performance (β = 0.426, p < 0.001) and showed a significant complementary partial mediation effect (β = 0.233, p < 0.001; VAF = 42.75%).

Limitations: The cross-sectional, self-reported design and the Bandung-specific setting limit causal inference and generalizability.

Contribution: The study clarifies knowledge capability as the organizational mechanism through which an adaptive work culture is associated with innovation performance in knowledge-intensive coffee-shop operations.

CAUSALITY AND INTEGRATION OF THE INDONESIAN STOCK MARKET WITH THE US AND CHINESE MARKETS, 2024–2026: A VECM APPROACH

2026-08-31T13:04:14+07:00

Purpose: This study examines the causality, long-run integration, and regime market influence between the Indonesian Composite Stock Price Index (IHSG) and the capital markets of the United States (S&P 500) and China (Shanghai Stock Exchange) during Indonesia's new government regime (2024–2026).

Research Methodology: Employing a quantitative causal-associative design, daily time-series data (JKSE, SP500, Shanghai Composite, STI, and IDR/USD exchange rate, added by CBOE VIX as exogenous variables) from February 15, 2024, to 30 June 2026 were analysed. Econometric procedures using RStudio included ADF unit root tests, VAR lag selection, Johansen cointegration, Granger causality, VECM, Impulse Response Function (IRF), and Forecast Error Variance Decomposition (FEVD).

Results: Findings reveal a bidirectional Granger causality between JKSE and S&P 500, alongside a unidirectional causality running from the Shanghai Composite to JKSE. One significant long-run cointegrating vector was identified. FEVD results indicate that at period 20, the CBOE VIX accounts for the largest external forecast error variance in IHSG (6.23%), followed by China (1.03%) and the US (0.74%).

Limitations: The research does not apply structural break tests or regime-switching dummy variables to explicitly isolate the government transition period.

Contribution: Provides valuable insights for international portfolio diversification, capital market risk management, monetary policy formulation, and empirical research on emerging market integration in international finance.

THE EXPANSION ENGINE IN A NEW ENTRANT MARKETPLACE: COMMUNITY FEATURES AND A POTENTIAL BOUNDARY CONDITION IN THE TOCO CASE

2026-07-31T21:47:46+07:00

Purpose: This study examines how Toco’s Community Space shapes growth mechanisms in a new entrant marketplace. The study investigates how the Expansion Engine operates when users already participate in established external community ecosystems, a contextual condition not explicitly differentiated in the original framework.

Research Methodology: An exploratory qualitative case study combined semi-structured interviews with eight participants, community observation, and digital document analysis. Data were analysed through open, axial, and selective coding, while trustworthiness was supported through multi-source triangulation.

Results: Toco was only partially effective as a digital enabler; users enacted non-monetary value exchange only to a limited extent; and value integration remained incomplete. Uneven application stability constrained the digital enabler; richer information, trust, and social support remained concentrated in external community ecosystems; and community contributions were not consistently connected to visible reputation or traceable transactions. These constraints were particularly evident among sellers embedded in established external community ecosystems.

Limitations: This study is limited by its single-case, cross-sectional design and small purposive sample of eight participants. Seller participants were drawn from the trading card game (TCG) segment, where established external communities may shape users’ needs and behaviour differently from other product categories. The findings therefore provide contextual insights into Toco’s early growth phase and should not be generalised to all marketplace platforms or user segments without further research.

Contribution: This study contributes to digital platform and marketplace research, social commerce, platform ecosystem management, and information systems by examining how the Expansion Engine operates in a new entrant marketplace with an integrated community feature. It offers an empirical account of how application stability, value exchange, and value integration shape community activation, and identifies the maturity of users’ external community ecosystems as a potential contextual condition. The findings may inform researchers studying platform growth and managers designing community features, seller engagement, and discovery-to-transaction mechanisms in early-stage marketplaces.

DESIGN OF A CINEMATIC MARKETING VIDEO AS A PROMOTIONAL MEDIUM FOR RURAL TOURISM DESTINATIONS

2026-08-14T08:17:53+07:00

Purpose: This study develops a cinematic marketing video for Tirta Arum Swimming Pool, a BUMDes-managed rural tourism attraction in Sumurjomblangbogo Village, Bojong District, Pekalongan Regency.

Research Methodology: The study used product and tool-oriented design and development research. Five linked stages were applied: needs analysis, design, production, formative suitability assessment, and revision. Evidence came from site observation, interviews with BUMDes management, production documentation, and a structured post-viewing questionnaire completed by 35 purposively selected evaluators.

Results: The output was the video Pesona Tersembunyi di Kolam Renang Tirta Arum Bojong, supported by a 30-second teaser and a full version of approximately five minutes. The overall formative suitability index was 92 percent, indicating that the evaluated presentation was regarded as clear and appropriate for communicating the attraction. This index is interpreted as perceived suitability, not as evidence of visitor growth, booking conversion, or economic impact.

Limitations: The assessment used a small, non-probability sample and did not measure reach, engagement, visit intention, or actual arrivals after distribution.

Contribution: The study provides a transparent development process and a practical content specification for BUMDes-managed rural tourism promotion, while identifying the evidence required for a later effectiveness evaluation.

ONLINE NEWS SENTIMENT, TRADING VOLUME, INFLATION, AND INVESTOR SENTIMENT IN INDONESIA

2026-09-26T11:51:14+07:00

Purpose: This study examines the dynamic relationships among online news sentiment, trading volume, inflation, and investor sentiment in the Indonesian market.

Research Methodology: The study combines Naïve Bayes classification of online financial news with time-series analysis using a vector autoregression (VAR), Granger causality tests, impulse response analysis, and short-horizon forecasting. The reported observation period is 2021–2024.

Results: In the market-sentiment equation, lagged inflation and lagged market sentiment are statistically significant; lagged online news sentiment and trading volume are not. The reported Granger tests indicate that inflation predicts market sentiment, market sentiment and trading volume predict one another, and trading volume predicts online news sentiment.

Limitations: The analysis covers 2021–2024 and reports an adjusted R-squared of 0.124759 for the market-sentiment equation. The limited explanatory power and the period-specific context constrain generalization.

Contribution: This study contributes empirical evidence on the dynamic interactions among machine-classified online news sentiment, investor sentiment, trading volume, and inflation in the Indonesian capital market. By combining Naïve Bayes sentiment classification with a VAR framework, it examines how information-based and market-based indicators relate over time in an emerging-market context.

CORPORATE SOCIAL RESPONSIBILITY, AUDIT COMMITTEES, PROFITABILITY, AND EARNINGS MANAGEMENT IN INDONESIAN MINING COMPANIES

2026-09-28T13:06:27+07:00

Purpose: This study examines the associations of corporate social responsibility (CSR), audit committees, and profitability with earnings management in Indonesian listed mining companies, controlling for firm size.

Research Methodology: Secondary data for 2020–2024 were analyzed using purposive sampling and cross-section random-effects panel EGLS. Seventeen companies provided 85 initial firm-years; Cook’s distance screening retained 72 observations representing 15 companies. Variance components were estimated using the Swamy–Arora method.

Results: At the 5% level, CSR (β = 0.0581; p = .3358), audit committees (β = 0.0448; p = .1132), and profitability (β = −0.4592; p = .0917) are not statistically significant. Firm size is negatively associated with earnings management (β = −0.0238; p = .0093). None of the three directional hypotheses is supported.

Limitations: The small, selectively screened sample limits generalizability. Replication requires reconciliation of the outcome transformation, firm-year identifiers, screening records, and asset currency basis; dependence-robust sensitivity results are not available.

Contribution: The study provides contextual evidence for accounting and corporate governance research by distinguishing disclosure, monitoring activity, and financial performance from demonstrated reporting-quality effects. Findings are associational and do not establish causal governance effectiveness.