Business: Theory and Practice

This study examines how financial education and decision-making in university students who are entrepreneurs in Latin America are related to accounting and management careers. A sequential mixed design was adopted: first, a cross-sectional survey applied to students from Peru, Venezuela and the Dominican Republic made it possible to measure their levels of financial education and their link with decisions in entrepreneurial contexts; then, semi-structured interviews helped to deepen the interpretation of knowledge is interpreted. The results show a positive relationship in the analysis of information and the comparison of alternatives. Still, the relationship loses clarity when strategic planning comes into play. Everything indicates that knowing about finances does not guarantee, by itself, consistent decisions in the long term. The interviews are along the same lines: real practice ends up being key to turning knowledge into action. Overall, the study offers evidence from a Latin American scenario that has been little addressed and shows that this relationship is far from direct. Rather, it is built according to the training conditions and the context in which the students develop. Hence the need to incorporate applied learning experiences that really enhance their ability to decide.

This study examines the impact of absorptive capacity and strategic agility on Business Model Innovation (BMI) in Indonesia’s logistics sector, emphasizing the mediating role of strategic agility. A quantitative survey was conducted among 434 managerial employees of a state-owned logistics enterprise in Indonesia, with data analyzed using Structural Equation Modelling – Partial Least Squares (SEM-PLS). The findings reveal that absorptive capacity significantly enhances both strategic agility and BMI, while strategic agility not only directly influences BMI but also partially mediates the relationship between absorptive capacity and BMI. These results highlight the importance of dynamic capabilities in sustaining a competitive advantage through business model innovation. This study contributes to Dynamic Capability Theory (DCT) by empirically demonstrating the mediating role of strategic agility in the absorptive capacity–BMI relationship, addressing a gap in the literature by exploring how logistics firms leverage internal capabilities for continuous innovation. From a practical perspective, logistics firms should invest in digital technologies, enhance knowledge management, and foster strategic agility to remain adaptable in an evolving market. However, as this study focuses on an Indonesian state-owned logistics enterprise, its generalizability is limited, and future research should examine multiple firms across different industries to strengthen external validity.

This research aims to determine the differences between men and women through the overall moderating role of gender between perceived usefulness, perceived ease of use, and hedonic motivation on online purchase intentions on five e-commerce sites in Indonesia. Primary data was obtained through the distribution of questionnaires via social media sites such as WhatsApp, Instagram, and X (formerly Twitter). Then the data obtained, namely 330 respondents, was processed using SMARTPLS 3.9 software. This research found that perceived usefulness and perceived ease of use did not significantly influence online purchase intention but did influence hedonic motivation. Furthermore, this study also found that hedonic motivation has an effect on online purchase intention. Perceived usefulness has a significant effect on online purchase intention through hedonic motivation, and perceived ease of use has a significant effect on online purchase intention through hedonic motivation. Gender moderates the effects of perceived ease of use and hedonic motivation but does not moderate perceived usefulness. A model that links the four variables with gender as a moderate in five e-commerce in Indonesia which generates interesting implications for academics and practitioners and can be further developed by further researchers.

Increased competition in the industry is a result of globalization, which brings both challenges and opportunities for all parties involved. The expansion of the business sector and ease of market entry have made competition even fiercer, leading to more competitive prices. Companies are working hard to maintain their operations in the face of this competitive pressure. This study to examine the role of the value chain on intellectual capital (IC) and good corporate governance (GCG). Previous research has shown inconsistencies whereby companies with well-managed resources have not demonstrated improved performance. This study aims to address this issue in order to improve corporate performance and provide a new perspective on the role of intermediaries in the value chain. This quantitative research using the explanatory method. data collection techniques using purposive sampling method from manufacturing companies located in Indonesia. The collected data were analyzed with Partial Least Squares (PLS) to conduct multiple regression tests. The results of hypothesis testing show that IC has a positive impact on the company’s performance through the value chain. GCG has been shown to have no positive impact on the company’s performance, except through the value chain. The implications of the research results for manufacturing companies include improving IC quality by continuing training for human resource skills, improving resource development facilities, strengthening cooperation with suppliers for smooth production, and improving relationships with consumers so that products are more accepted. The principles of Good Corporate Governance (GCG) form the foundation for establishing systems, structures and a corporate culture that can adapt to business changes and support internal control and risk management. For GCG to be implemented in accordance with best practice, a strong commitment is required at all levels of the organisation, from the lowest to the highest levels of management. This study aims to provide a new perspective on the intermediate position in the value chain by expanding the Resource Base View (RBV) theory through data on the influence of IC and strong corporate governance on company success.

This study aims to examine the influence of the strategy tripod on business sustainability, while testing the mediating role of Market Absorptive Capability (MAC) among creative industry entrepreneurs in South Sulawesi, Indonesia. Quantitative research design was employed using survey data collected from 323 respondents through google forms and direct visits. Data were analyzed using SEM AMOS. The results reveal that strategy tripod has a positive but marginal effect on MAC, whereas MAC has a strong positive impact on business sustainability. Conversely, the strategy tripod has no direct effect on business sustainability. Mediation analysis using bootstrapping confirmed that MAC fully mediated the relationship between the strategy tripod and business sustainability. Longitudinal studies could be conducted in the future to observe how the dynamics of the strategy tripod, MAC, and business sustainability evolve over the long term. Practically, this study suggests that policies and managerial practices should prioritize strengthening MAC through market research training, digital adoption, and collaborative ecosystems to ensure the creative industry’s long-term viability. This study we propose the concept of market absorptive capability as a novelty to understand its role in the sustainability of the creative industry business.