Jurnal Manajemen Universitas Bung Hatta https://ejurnal.bunghatta.ac.id/index.php/JMN <table class="data" width="100%" bgcolor="#f0f0f0"> <tbody> <tr valign="top"> <td rowspan="11" width="25%"><img src="https://ejurnal.bunghatta.ac.id/public/journals/42/cover_issue_827_en_US.jpg" width="200px" /></td> <td width="7%">Title</td> <td width="1%">:</td> <td width="67%"><a href="https://ejurnal.bunghatta.ac.id/index.php/JMN" target="_blank" rel="noopener"><strong>Jurnal Manajemen Universitas Bung Hatta</strong></a></td> </tr> <tr valign="top"> <td>Initial</td> <td>:</td> <td><strong>JMUBH</strong></td> </tr> <tr valign="top"> <td>Frequency</td> <td>:</td> <td><strong>2 times in a year (January and July)</strong></td> </tr> <tr valign="top"> <td>DOI</td> <td>:</td> <td><strong>prefix 10.37301</strong> by Crossref<img src="https://ejurnal.bunghatta.ac.id/public/site/images/inibudi/crossref-logo-small.png" alt="" width="14" /><strong><br /></strong></td> </tr> <tr valign="top"> <td>Online ISSN</td> <td>:</td> <td><strong><a href="https://issn.brin.go.id/terbit/detail/1510284196" target="_blank" rel="noopener">2615-5370</a></strong></td> </tr> <tr valign="top"> <td>Print ISSN</td> <td>:</td> <td><strong><a href="https://issn.brin.go.id/terbit/detail/1180426050" target="_blank" rel="noopener">1907-6576</a></strong></td> </tr> <tr valign="top"> <td>Editor-in-chief</td> <td>:</td> <td><strong><a href="https://scholar.google.com/citations?hl=en&amp;authuser=3&amp;user=tq0UdrwAAAAJ" target="_blank" rel="noopener">Elfitra Azliyanti, S.E., M.Sc</a></strong></td> </tr> <tr valign="top"> <td width="20%">Publisher</td> <td>:</td> <td><strong><a href="https://bunghatta.ac.id" target="_blank" rel="noopener">Universitas Bung Hatta</a></strong></td> </tr> <tr valign="top"> <td>Organized by</td> <td>:</td> <td><strong><a href="https://ekonomi.bunghatta.ac.id/" target="_blank" rel="noopener"><em>Department of Management, Faculty of Economy</em></a></strong></td> </tr> <tr valign="top"> <td>Indexed by</td> <td>:</td> <td><strong><a href="https://scholar.google.com/citations?user=aN3bDFoAAAAJ&amp;hl=en&amp;authuser=3" target="_blank" rel="noopener">Google Scholar</a></strong></td> </tr> </tbody> </table> <p align="justify">Jurnal Manajemen Universitas Bung Hatta with <strong><a href="http://u.lipi.go.id/1510284196" target="_blank" rel="noopener">ISSN 2615-5370 (Online)</a></strong> and <a href="http://issn.pdii.lipi.go.id/issn.cgi?daftar&amp;&amp;&amp;&amp;&amp;1907-6576" target="_blank" rel="noopener"><strong>ISSN 1907-6576 (Print)</strong></a> is a peer-review journal published by the Department of Management, Faculty of Economics and Business, Universitas Bung Hatta twice a year. The journal focuses on publishing management research results everywhere, issues published by Jurnal Manajemen Universitas Bung Hatta covering human resources management, marketing management, financial management, strategic management, entrepreneurship, and other management and business applications. <strong><a href="https://ejurnal.bunghatta.ac.id/index.php/JMN" target="_blank" rel="noopener">Jurnal Manajemen Universitas Bung Hatta</a> </strong>is accredited <a href="https://sinta.kemdikbud.go.id/journals/detail?id=8507" target="_blank" rel="noopener"><strong>SINTA 3 by Kemdikbud The Republic of Indonesia Number:</strong> <strong>177/E/KPT/2024</strong></a>. <strong>Starting in July 2022, all submitted manuscripts should use English</strong>.</p> <p align="justify">Jurnal Manajemen Universitas Bung Hatta is open to all readers. Jurnal Manajemen Universitas Bung Hatta is positioned as a forum for academics and practitioners to share scientific information about research results. As in progress, we have made continuous improvements for the journal, New Author Guidelines and New Article Template have been provided to help the Author to prepare a proper manuscript.</p> en-US <p>Authors who publish with <a href="https://ejurnal.bunghatta.ac.id/index.php?journal=JMN/" target="_self">Jurnal Manajemen Universitas Bung Hatta</a> agree to the following terms:</p> <ol start="1"> <li>Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank" rel="noopener">Creative </a><a href="https://creativecommons.org/licenses/by-sa/4.0/" rel="license">Creative Commons Attribution-ShareAlike 4.0 International License</a> that allows others to share the work with an acknowledgement of the work's authorship and initial publication in Jurnal Manajemen Universitas Bung Hatta. </li> <li>The author holds the copyright of the submitted and published articles, with the understanding that articles are disseminated under the <a href="https://creativecommons.org/licenses/by-sa/4.0/" rel="license">Creative Commons Attribution-ShareAlike 4.0 International License</a><a href="https://creativecommons.org/licenses/by/4.0/" target="_self">.</a>.</li> <li>The editor team is entitled to do the editing in accordance with the guidelines for writing or template in the Jurnal Manajemen Universitas Bung Hatta.</li> </ol> <p> </p> <p>This work is licensed under a <a href="https://creativecommons.org/licenses/by-sa/4.0/" rel="license">Creative Commons Attribution-ShareAlike 4.0 International License</a>.</p> purbojadmiko@bunghatta.ac.id (Purbo Jadmiko) elfitraazliyanti@bunghatta.ac.id (Elfitra azliyanti) Fri, 30 Jan 2026 14:28:41 +0000 OJS 3.2.1.5 http://blogs.law.harvard.edu/tech/rss 60 When HRIS Drives Performance: Revealing the Dual Mediating Power of Job Involvement and Work Centrality https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29280 <p>Organizations are increasingly adopting Human Resource Information Systems (HRIS) to enhance HRM effectiveness and strengthen employee performance in digitally driven work environments. This study examines the effects of HRIS on job involvement, work centrality, and employee performance, while also evaluating the dual mediating roles of job involvement and work centrality. Data were collected from 200 employees selected through nonprobability sampling, targeting individuals with direct experience using HRIS. The measurement and structural models were analyzed using SmartPLS 4. The results indicate that HRIS significantly enhances job involvement, work centrality, and employee performance. Job involvement also shows a positive influence on performance, whereas work centrality does not exhibit a significant direct effect. Mediation analysis further reveals that job involvement significantly mediates the relationship between HRIS and employee performance, while work centrality does not. These findings suggest that HRIS improves employee performance primarily by fostering higher involvement rather than by strengthening work centrality. This study contributes to the literature by clarifying the psychological mechanisms through which digital HR systems influence employee outcomes and offers practical implications for organizations seeking to optimize HRIS utilization to enhance workforce performance.</p> Noni Setyorini, Prianka Nastiti, Chadyan Fathurachman, Siti Suniroh, Kiki Nugroho Copyright (c) 2026 Noni Setyorini, Prianka Nastiti, Chadyan Fathurachman, Siti Suniroh, Kiki Nugroho https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29280 Fri, 30 Jan 2026 00:00:00 +0000 Digital Marketing Trends in Management Research Topics in the Corporate Buying and Selling Market Sector: A Bibliometric Analysis https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29138 <p>The development of digital technology has changed marketing trends in marketing management literature. This study aims to analyse trends and directions in digital marketing research, identify dominant themes, and map the contributions of influential authors, journals, and countries, particularly in the context of corporate buying and selling market with digital marketing. The main problem is the lack of a systematic review that describes the conceptual dynamics and interconnections between researchers in this field. The method used is qualitative with a bibliometric analysis approach, using data from Scopus and VOSviewer software to visualise networks of keywords, authors, and research themes. From 280 documents published between 2020 and 2025, a significant increase in publications was found, peaking in 2024. The analysis identified six main clusters: brand promotion and image, consumer behaviour and purchase intent, buyer and salesperson perspectives, smart tourism and profit orientation, consumer credibility and trust, and e-marketing and digital innovation. The findings indicate a paradigm shift in digital marketing from one-way communication to interactive systems based on artificial intelligence and personalised consumer experiences. Research recommendations are directed towards exploring clusters that are still limited and strengthening data-based approaches for the effectiveness of digital marketing strategies in the corporate sector.</p> Vicky Ayu Kusuma, Tony Wijaya Copyright (c) 2026 Vicky Ayu Kusuma, Tony Wijaya https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29138 Fri, 30 Jan 2026 00:00:00 +0000 Mapping Mindful Consumption Through a Spiritual Lens: A Bibliometrics https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/28902 <p>In recent years, the intersection of spirituality and mindful consumption has garnered growing academic interest as scholars seek to understand the internal value systems that guide ethical and sustainable consumer behavior. This study presents the first bibliometric analysis of literature explicitly linking spirituality with mindful consumption, drawing on 37 peer-reviewed articles published between January 2010 and April 2025 in the Scopus database. Guided by PRISMA protocols, the analysis employed Bibliometrix (R-package) and VOSviewer to explore the intellectual, conceptual, and social structures of the field. Descriptive analysis revealed a gradual increase in scholarly output, with research spanning multiple disciplines including marketing, psychology, and sustainability studies. Thematic mapping identified core clusters centered on moral norm activation, spiritual values, empathy, minimalism, and identity-based consumption. Conceptual structure analysis and keyword co-occurrence maps indicated that spirituality is primarily positioned as an antecedent and, to a lesser extent, as a moderator of mindful consumption. However, the roles of spirituality as a mediator or as an outcome remain significantly underexplored. This paper concludes with a call for future research to test dynamic, multidirectional models of spirituality in consumer behavior, examine longitudinal effects, and deepen cultural-contextual understanding of spiritually motivated consumption.</p> Imam Yanuar, Refius Pradipta Setyanto Copyright (c) 2026 Imam Yanuar, Refius Pradipta Setyanto https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/28902 Fri, 30 Jan 2026 00:00:00 +0000 Creative Entrepreneurship Model: The Relationship between Innovation, Competitiveness, and Business Success among the Younger Generation https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29107 <p>This study aims to analyze the Creative Entrepreneurship Model by examining the relationship between creativity, innovation, business competitiveness, and business success among young entrepreneurs in Indonesia. The phenomenon shows that although the young business sector is growing rapidly, its survival rate is still low (BPS, 2024). This condition requires innovative strategies to create sustainable competitive advantages. The approach used is explanatory quantitative with 110 active young entrepreneur respondents. Data were collected through an online questionnaire and analyzed using Partial Least Squares-Structural Equation Modeling (PLS-SEM) through SmartPLS 4.0. The results reveal that creativity and innovation have a significant positive effect on business competitiveness and success. Furthermore, business competitiveness was found to mediate the relationship between creativity and innovation and business success, with a path coefficient of 0.469 and a p-value of 0.000. These findings confirm that creativity and innovation are key factors in building superior competitiveness that drives business success. The implication is that young entrepreneurs need to foster a culture of innovation and adaptive strategies to market changes. These results reinforce the Resource-Based View (RBV) theory that long-term competitive advantage depends on the ability to manage unique resources such as creativity and innovation.</p> Fatkhurahman, Idel Waldelmi, Novita Copyright (c) 2025 Fatkhurahman Fatkhurahman, Idel Waldelmi, Novita Novita https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29107 Fri, 30 Jan 2026 00:00:00 +0000 How Does Servant Leadership Influence Employee Creativity? A Scoping Review https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29238 <p>This scoping review synthesizes contemporary evidence on how servant leadership shapes employee creativity through intertwined psychological and organizational mechanisms. Covering publications from 2010 to 2025, the study systematically mapped 2,467 records retrieved from Google Scholar and ScienceDirect, screened with Publish or Perish, and managed through Mendeley. A total of 27 studies met the PRISMA-ScR eligibility criteria. The analysis reveals that servant leadership enhances creative behavior through five recurrent pathways: heightened psychological safety, strengthened psychological empowerment, increased knowledge-sharing practices, deeper engagement in creative processes, and the presence of an innovation-supportive climate. These mechanisms operate within contextual boundaries shaped by factors such as creative self-efficacy, corporate social responsibility initiatives, organizational culture, and industrial settings. The findings are conceptually grounded in three dominant theoretical frameworks—Conservation of Resources Theory, Self-Determination Theory, and Social Learning Theory—which collectively illustrate how servant leaders cultivate psychological resources, intrinsic motivation, and prosocial modeling that stimulate creativity. Overall, the review indicates that servant leadership functions not merely as a moral orientation but as a managerial strategy capable of fostering sustainable creativity through reinforced psychological and social conditions within organizations.</p> Wahyu Dodi Tri Marianggodo, Abdul Muhid Copyright (c) 2026 Wahyu Dodi Tri Marianggodo, Abdul Muhid https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29238 Fri, 30 Jan 2026 00:00:00 +0000 The Influence of Transformational Leadership on Psychological Well-Being Assessing The Moderating Role of Workplace Spirituality https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/28158 <p>Minangkabau women are considered bundo kanduang who always maintain the integrity of the family in West Sumatra. Minang women realize that helping their husbands is a very noble thing and does not conflict with cultural values. The favorite profession chosen by many women in Minangkabau is lecturer. If observed from LLDIKTI X data, the number of female lecturers is greater than male lecturers, but in terms of rank, male lecturers are better than female lecturers. For women, working to help their husbands is something noble and can improve their psychological well-being. This study aims to prove and analyze the influence of transformational leadership on psychological well-being through workplace spirituality as a mediating variable in female lecturers at a number of leading universities in Padang City. The analysis method used is quantitative, namely through Structural Equation Modeling (SEM) analysis which is processed using Partial Least Square or PLS software.The results of the hypothesis testing found that transformational leadership and workplace spirituality have a positive and significant effect on the psychological well-being of female lecturers, then in the indirect effect test it can be proven that workplace spirituality is able to moderated the relationship between transformational leadership and the psychological well-being of female lecturers at a number of leading universities in Padang City. Result of the testing founding transformational leadership and workplace spirituality are able to improve the psychological well-being of female lecturers, in addition through workplace spirituality, the implementation of a transformational leadership style by the head of the institution is able to encourage the realization of psychological well-being in female lecturers.</p> Rahmi Yuliyasti, Rahmi Fahmy, Laura Syahrul, Yulihasri Yulihasri Copyright (c) 2026 Rahmi Yuliyasti, Rahmi Fahmy, Laura Syahrul, Yulihasri Yulihasri https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/28158 Fri, 30 Jan 2026 00:00:00 +0000 Managing Talent in the Digital Age: Implications for Generation Z Engagement and Satisfaction https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29329 <p>This study examines the effects of recruitment and selection, teamwork and management support, performance and career management, as well as income and compensation, on work engagement and job satisfaction among Generation Z employees in the digital era. The study involved 62 employees working in a food and beverage company in the Cikarang–Bekasi area, selected using a census sampling technique. Data were analyzed using descriptive methods and path analysis with Partial Least Squares–Structural Equation Modeling (PLS-SEM). Data were collected through an online survey distributed via Google Forms, consisting of 35 items measured on a five-point Likert scale. The results indicate that: salary and compensation, performance and career management, teamwork and management support, and recruitment and selection positively affect employees’ work engagement; these factors also have a positive effect on employees’ job satisfaction; and work engagement positively influences employees’ job satisfaction.</p> Anita Novialumi, Dinda Pradita Rahmaningsih, Sukirno Sukirno Copyright (c) 2026 Anita Novialumi, Dinda Pradita Rahmaningsih, Sukirno Sukirno https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29329 Fri, 30 Jan 2026 00:00:00 +0000 Does Social Media Use Increase Innovative Work Behavior? The Mediating Role of Digital Engagement https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29242 <p>This study examines the mediating role of digital engagement in the relationship between social media use and innovative work behavior among employees of Perumda Air Minum Surya Sembada Kota Surabaya, specifically within the context of promoting the Customer Information System (CIS) application. Using a quantitative approach with Partial Least Squares–Structural Equation Modeling (PLS-SEM), data were obtained from 70 eligible employees after the data screening process. The findings reveal that social media use positively and significantly influences both innovative work behavior and digital engagement. Furthermore, digital engagement itself demonstrates a significant positive effect on innovative work behavior. Crucially, digital engagement proves to be a significant mediator in the relationship between social media use and innovative work behavior. These results underscore that active digital engagement via social media platforms can effectively foster employee innovation, particularly in supporting organizational digital product promotion. The study strengthens the theoretical framework of Uses and Gratifications (U&amp;G) by highlighting psychological engagement as a key mechanism. Practically, it offers organizations a blueprint for designing digital engagement strategies that enhance employee-driven innovation for digital product advancement.</p> Cahaya Alya Rizkiya, Muhammad Fajar Wahyudi Rahman, Ratih Amelia, Dhiyan Septa Wihara Copyright (c) 2026 Cahaya Alya Rizkiya, Muhammad Fajar Wahyudi Rahman, Ratih Amelia, Dhiyan Septa Wihara https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29242 Fri, 30 Jan 2026 00:00:00 +0000 The Influence of Work Motivation, Work Discipline on Performance Through Visionary Leadership https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/28224 <p>The purpose of this study was to determine the effect of work motivation and work discipline on performance through visionary leadership as a mediating variable. Quantitative method with a survey approach. The population of 208 people in the village government and a sample of 208 people were taken using a non-probability sampling technique with a census method because the population is relatively small, this sampling aims to simplify data collection. The data collection technique used a questionnaire. The PLS-SEM data analysis technique used the SmartPLS 4 application. The results of the study found that work motivation, work discipline and visionary leadership have a positive and significant effect on the performance of village officials. Work motivation and discipline have a positive and significant effect on visionary leadership. Visionary leadership has the ability to mediate work motivation, work discipline on the performance of village officials. The results of the determination coefficient test are in the form of an Adjusted R-square value of 0.859. This means that work motivation and work discipline in explaining visionary leadership are 85.9% (high). Furthermore, the Adjusted R-square value is 0.808. This means that work motivation and work discipline can explain performance by 80.8% (high). These findings suggest that when village officials have high motivation and work discipline, their performance will improve. Visionary leadership also plays a role in strengthening work motivation and discipline, influencing the performance of village officials. Therefore, work motivation, work discipline, and visionary leadership are important for realizing good village governance.</p> Muskinta, Gus Andri, Didi Aryadi Copyright (c) 2026 Muskinta, Gus Andri, Didi Aryadi https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/28224 Fri, 30 Jan 2026 00:00:00 +0000 Job Stress, Ego Depletion, and Turnover Intention: The Buffering Role of Islamic Spiritual Well-Being in the Hospitality Industry https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29122 <p>High levels of work stress and employee turnover are classic problems in the hospitality industry that have serious implications for organizational sustainability. This study aims to analyze the effect of work stress on turnover intention through ego depletion, as well as test the role of Islamic Spiritual Well-Being (ISWB) as a moderation variable. This research is based on the Conservation of Resources (COR) Theory which emphasizes the importance of psychological resources in dealing with work pressure. The research population included 970 hotel and restaurant employees in the Purwokerto area, with a sample of 210 respondents selected using stratified random sampling techniques. The data was analyzed using Partial Least Squares-Structural Equation Modeling (PLS-SEM). The results of the study show that work stress has a positive effect on turnover intention both directly and indirectly through ego depletion. ISWB has been shown to moderate the relationship between work stress and turnover intention, where employees with high levels of Islamic spirituality show a lower tendency to leave work despite facing high stress. This research expands the application of COR Theory in the context of hospitality and makes a practical contribution to hotel and restaurant management in designing stress management programs based on Islamic spirituality.</p> Jovinda Percillia Ma’rifatul Umairoh, Fatmah Bagis, Hengky Widhiandono, Azmi Fitriati Copyright (c) 2026 Jovinda Percillia Ma’rifatul Umairoh, Fatmah Bagis, Hengky Widhiandono, Azmi Fitriati https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29122 Fri, 30 Jan 2026 00:00:00 +0000 Analysis of FinTech Usage Behavior Model among Minang Traders: The Mediating Role of Behavior Intention and the Influence of Perceived Risk and Habit https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29131 <p>This study examines how user behavior (UB) in financial technology transactions can help Minang traders. Factors considered include perceived ease of use (PEOU), perceived usefulness (PU), self-efficacy (SE), habits (H), perceived risk (PR), attitudes (A), and behavioral intentions (BI). The study focused on individual Minang business owners and financial operators, with a convenience sample of 178 respondents. Path analysis using SmartPLS was applied. Results show PEOU positively affects PU, but not BI directly. However, PEOU indirectly affects BI through PU, which in turn influences BI. BI does not mediate between PEOU and user behavior (UB), but PU and BI together do. Habit (H) has a positive effect on both BI and UB, and BI partially mediates the effect of H on UB. PR negatively affects UB but not BI, so BI does not mediate the PR effect on UB. However, BI does mediate the effect of PU on UB, as BI influences UB</p> Yuhelmi Yuhelmi, Yunilma Yunilma, Mery Trianita, Yolanda Yolanda Copyright (c) 2026 Yuhelmi Yuhelmi, Yunilma Yunilma, Mery Trianita, Yolanda Yolanda https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29131 Fri, 30 Jan 2026 00:00:00 +0000 The Influence Of Coordination Team And Strategy Operational On Team Performance In Pacu Jalur With Change Management As A Mediating Variable https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29284 <div>This study examines the influence of team coordination and operational strategy on team</div> <div>performance, with change management acting as a mediating variable, using the Alam Cahayo Tuah</div> <div>Nagori team in the Pacu Jalur competition as the research subject. Although previous studies have</div> <div>explored the relationship between coordination, strategy, and team performance, there is a gap in</div> <div>the literature that has not fully addressed how change management mediates this influence in the</div> <div>context of traditional sports undergoing professionalization. Using a quantitative approach and</div> <div>Partial Least Squares–Structural Equation Modeling (PLS-SEM) analysis, the study, involving a total</div> <div>of 80 respondents, finds that both team coordination and change management have a significant</div> <div>impact on team performance, while operational strategy does not show a direct significant effect.</div> <div>However, operational strategy is shown to have a significant indirect effect through change</div> <div>management, highlighting the critical role of change management in enhancing adaptability and</div> <div>team performance. These findings emphasize the importance of integrating team coordination,</div> <div>operational strategy, and change management to achieve optimal team performance, and contribute</div> <div>to the theoretical understanding of operational management in professionalized traditional sports.</div> <div>The study also provides practical implications for sports teams to enhance their effectiveness</div> <div>through adaptive change management in the dynamic context of competition.</div> <div> </div> Ragil Ananda, Gilang Nugroho, Rehansa Lubis Copyright (c) 2026 Ragil Ananda, Gilang Nugroho, Rehansa Lubis https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29284 Fri, 30 Jan 2026 00:00:00 +0000 Leadership and Dividend Policy in Emerging Markets: A Systematic Literature Review and Conceptual Framework https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29239 <table width="699"> <tbody> <tr> <td width="699"> <p>This systematic literature review examines how leadership-related factors are positioned in the literature alongside established financial determinants of dividend policy in emerging markets. Following PRISMA guidelines, the study reviews 26 peer-reviewed articles published between 2015 and 2025 and synthesizes evidence related to profitability, capital structure, leadership styles, corporate governance, and ESG practices. The findings confirm that profitability (ROA) and capital structure (DER) remain the most robust and consistently supported determinants of dividend policy, in line with established corporate finance theories. Evidence linking leadership styles to dividend decisions is limited and fragmented, with leadership primarily discussed as a contextual or complementary factor influencing managerial preferences rather than as a primary explanatory variable.</p> <p>From a theoretical perspective, this review clarifies the boundaries of current dividend policy theory by situating leadership as a conditioning construct operating through governance and ethical considerations, rather than as an independent determinant. From a practical perspective, the findings suggest that managers and boards in emerging markets should interpret dividend decisions not only through financial performance indicators but also within broader governance and leadership contexts, particularly when balancing payout stability and long-term investment priorities. The proposed conceptual framework remains exploratory and highlights the need for future empirical studies using longitudinal data and rigorous econometric methods to assess the moderating role of leadership in dividend policy decisions.</p> </td> </tr> </tbody> </table> Melli Melli, Yunia Wardi, Rino Rusdi Copyright (c) 2026 Melli Melli, Yunia Wardi, Rino Rusdi https://creativecommons.org/licenses/by-sa/4.0 https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/29239 Fri, 30 Jan 2026 00:00:00 +0000