JBTI : Jurnal Bisnis : Teori dan Implementasi https://journal.umy.ac.id/index.php/bti <p><strong>JBTI</strong> : Jurnal Bisnis : Teori dan Implementasi is a periodical scientific journal (three times a year) April, August, and December. The main purpose of this journal is to disseminate scientific articles in the field of business, which have a theoretical and implementation foundation. In this regard, articles published must be related to the science of business management and financial accounting, especially those related to business practices. The focus and scope included business, management, marketing, and finance. The editor accepts scientific articles that have not been published that presents fully in English. ISSN: <a href="https://portal.issn.org/resource/ISSN/2085-7721">2085-7721 (Print)</a> and ISSN: <a href="https://portal.issn.org/resource/ISSN/2622-0733">2622-0733 (Online)</a>. JBTI is accredited SINTA 2 by the Ministry of Research, Technology and Higher Education of Republic of Indonesia, Decree <a href="https://drive.google.com/file/d/1jNGkRBxADr39SIYv6H-HAP6NUTtI7T-z/view?usp=sharing">(SK) 79/E/KPT/2023</a>. JBTI indexed by <a href="https://sinta.kemdikbud.go.id/journals/profile/4660">SINTA</a>, <a href="https://scholar.google.co.id/citations?user=g95r6dQAAAAJ&amp;hl=id">Google Scholar</a>, <a href="https://garuda.kemdikbud.go.id/journal/view/8112">GARUDA</a>, <a href="https://www.base-search.net/Search/Results?lookfor=JBTI+%3A+Jurnal+Bisnis+Teori+dan+Implementasi&amp;name=&amp;oaboost=1&amp;newsearch=1&amp;refid=dcbasen">BASE</a>, <a href="https://search.crossref.org/?q=JURNAL+BISNIS+TEORI+DAN+IMPLEMENTASI&amp;sort=score">Crossref</a>.</p> <div><strong>JOURNAL IDENTITY</strong></div> <table style="height: 200px;" border="0" width="764" cellpadding="0"> <tbody> <tr> <td width="175"> <p align="left">Journal Name<br />Editor in Chief<br />Printed ISSN<br />Online ISSN<br />Publisher<br />Publisher Address<br />Telephone<br />Email<br />First Publication Year<br />Publication Frequency</p> </td> <td width="7"> <p align="left">:<br />:<br />:<br />:<br />:<br />:<br />:<br />:<br />:<br />:</p> </td> <td width="598"> <p align="left"><strong>JBTI: Jurnal Bisnis: Teori dan Implementasi</strong><br /><a href="https://www.scopus.com/authid/detail.uri?authorId=57191417126"><strong>Dr. Nuryakin, M.M.</strong></a><br /><a href="https://portal.issn.org/resource/ISSN/2085-7721">2085-7721</a><br /><a href="https://portal.issn.org/resource/ISSN/2622-0733">2622-0733</a><br /><a href="https://lri.umy.ac.id/divisi-lri/divisi-publikasi-dan-jurnal/jurnal/">Universitas Muhammadiyah Yogyakarta</a> <br />Jl. Brawijaya, Tamantirto, Kasihan, Bantul, Yogyakarta, Indonesia 55183<br />+62 274 387656<br />jbti@umy.ac.id<br />2010<br /><a href="https://journal.umy.ac.id/index.php/bti/issue/archive">3 issues per year</a></p> </td> </tr> </tbody> </table> Universitas Muhammadiyah Yogyakarta en-US JBTI : Jurnal Bisnis : Teori dan Implementasi 2085-7721 <p>JBTI : Jurnal Bisnis : Teori dan Implementasi is licensed under <a href="http://creativecommons.org/licenses/by-nc-nd/4.0/" rel="license"><img src="https://i.creativecommons.org/l/by-nc-nd/4.0/80x15.png" alt="Creative Commons License" /></a> <a href="http://creativecommons.org/licenses/by-nc-nd/4.0/" rel="license" target="_blank">Creative Commons Attribution Attribution-NonCommercial-NoDerivatives 4.0 International License.</a></p><p>Authors who publish with this journal agree to the following terms:</p><ul><li>Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a <a href="http://creativecommons.org/licenses/by-nc-nd/4.0/" rel="license" target="_blank">Creative Commons Attribution Attribution-NonCommercial-NoDerivatives 4.0 International License</a> that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.</li><li>Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.</li><li>Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges and earlier and greater citation of published work (See <a href="http://opcit.eprints.org/oacitation-biblio.html" target="_new">The Effect of Open Access</a>).</li></ul> Corrigendum to “Modeling Affective Commitment and Job Satisfaction as A Mediating Role in Predicting Turnover Intention among Gen Z Employees” [JBTI: Jurnal Bisnis: Teori dan Implementasi, Vol. 15 No. 2 (2024): August 2024 Page 143-160] https://journal.umy.ac.id/index.php/bti/article/view/28389 <p><strong>Corrected:</strong><br /><a href="https://journal.umy.ac.id/index.php/bti/article/view/20881">Modeling Affective Commitment and Job Satisfaction as A Mediating Role in Predicting Turnover Intention among Gen Z Employees</a><br />Cakti Indra Gunawan, Nanda Dwi Maharani, Dodi Wirawan Irawanto<br />August 28th, 2024</p> <p> </p> <p>The author notes that the published version of this article contains a typographical error in the reporting of the number of statement items.</p> <p>On page 148, the text refers to <strong>10 statement items</strong>, whereas the correct number, consistent with the original source material from Gyensare et al. (2016) and the analysis presented in Figure 2 (page 150), is <strong>15 statement items</strong>.</p> <p>This correction pertains solely to the misrepresentation of the number of items due to a typing error. The correction does not affect the analytical procedures, interpretation, or the overall conclusions of the study.</p> <p>The author regrets this oversight and apologizes for any inconvenience caused.</p> <p> </p> <p><strong>DOI of the original article:</strong> <a href="https://doi.org/10.18196/jbti.v15i2.20881">https://doi.org/10.18196/jbti.v15i2.20881</a></p> Cakti Indra Gunawan Nanda Dwi Maharani Dodi Wirawan Irawanto Copyright (c) 2025 JBTI : Jurnal Bisnis : Teori dan Implementasi https://creativecommons.org/licenses/by-nc-nd/4.0 2025-08-20 2025-08-20 16 2 121 121 10.18196/jbti.v16i2.28389 Sustainability transformation: The impact of GHRM and sustainable dynamic capability on sustainable business performance https://journal.umy.ac.id/index.php/bti/article/view/26968 <p>This study aims to examine the influence of Green Human Resource Management (GHRM) and sustainable dynamic capability on sustainable business performance, while analyzing the moderating role of organizational inertia. A quantitative research design was applied, using survey data collected from 120 manufacturing companies in West Java, Indonesia. Data analysis was conducted using SEM-PLS to test the hypothesized relationships among variables. The results indicate that both GHRM and sustainable dynamic capability significantly and positively affect sustainable business performance. Moreover, organizational inertia was found to moderate the relationship between GHRM and sustainable business performance, where higher levels of inertia weaken the positive effect of GHRM on business sustainability outcomes. This study is limited to manufacturing companies located in West Java, Indonesia, which may affect the generalizability of the findings to other regions or industries. Future research could broaden the scope by including different sectors and geographic areas to validate and extend these results. Additionally, longitudinal studies are recommended to observe the dynamic effects of GHRM and sustainability capabilities over time. This study offers novel insights into the interaction between GHRM, sustainable dynamic capability, and organizational inertia in achieving sustainable business performance, contributing to both sustainability and HRM literature.</p> Retno Purwani Setyaningrum Tri Ngudi Wiyatno Erina Rulianti Copyright (c) 2025 JBTI : Jurnal Bisnis : Teori dan Implementasi https://creativecommons.org/licenses/by-nc-nd/4.0 2025-08-30 2025-08-30 16 2 122 138 10.18196/jbti.v16i2.26968 Capital, Governance, and Power: How Political Ties Influence Firm Value https://journal.umy.ac.id/index.php/bti/article/view/26498 <p>This study aims to determine the influence of political connection and its role in moderating the influence of capital structure and corporate governance on a firm’s value. The study was conducted on 97 samples of companies listed on the Indonesia Stock Exchange from 2020-2024 that were established about 10 years old or more, collected from various types of industrial sectors, with limitations on the criteria of ownership of political officials or political party officials (politically connected), family ownership who also serves as political officials (politically connected), pure ownership of businessman families (not politically connected), and central and/or regional government ownership (politically connected). The study used random sampling and panel data from the moderating regression analysis to examine the relationship between political connection, capital structure, and DAR proxy on a firm's value. A significant positive relationship between these factors and Tobin's Q was found. However, there was a negative association between political connection-moderated DAR and Tobin's Q. The study also uncovered a negative relationship between board size and the proportion of independent commissioners, but a positive relationship between board size and political connection. The study's novelty is that it fills the literature gap, investigating how the influence of capital structure and governance, moderated through political connections, affects the firm’s value, which other studies have not exhaustively studied.</p> Martino Wibowo Harry Pambudi Lela Nurlaela Wati Sahraman Hadji Latif Copyright (c) 2025 JBTI : Jurnal Bisnis : Teori dan Implementasi https://creativecommons.org/licenses/by-nc-nd/4.0 2025-08-31 2025-08-31 16 2 139 154 10.18196/jbti.v16i2.26498 Developing a Comprehensive Digital Ecosystem Model to Enhance Competitive Advantage in Government-Fostered MSMEs https://journal.umy.ac.id/index.php/bti/article/view/26787 <p>In response to the growing technological disruption, micro, small, and medium enterprises (MSMEs) require a comprehensive digital ecosystem as a crucial strategy to enhance their capabilities and competitiveness in a dynamic market. This study aims to develop and empirically validate a comprehensive digital ecosystem model grounded in the Resource-Based View (RBV) theory to enhance the competitive advantage of government-assisted MSMEs through optimizing the role of marketing performance. Based on the RBV theory, the research focuses on an in-depth analysis of four key elements of the MSME digital ecosystem: digital platform adoption capability, business incubator program effectiveness, MSME digital literacy, and collaboration capability. The research was conducted using a survey method on 238 MSME respondents from various sectors in Central Java, Indonesia. The research data were analyzed using Structural Equation Modeling (SEM-AMOS). The results prove that digital platform adoption, business incubator programs, digital literacy, and collaboration capabilities significantly affect MSMEs' marketing performance and competitive advantage. The implications of this research emphasize the importance of building a comprehensive MSME digital ecosystem by adopting technology, business incubator programs, digital literacy, and MSME collaboration capabilities to improve MSME competitiveness. This research contributes to the marketing management literature by expanding the application of the Resource-Based View theory in the context of MSMEs.</p> Murry Harmawan Saputra Endah Pri Ariningsih Copyright (c) 2025 JBTI : Jurnal Bisnis : Teori dan Implementasi https://creativecommons.org/licenses/by-nc-nd/4.0 2025-08-31 2025-08-31 16 2 155 173 10.18196/jbti.v16i2.26787 Trend of Diversity Management and Organizational Performance Among Generation Y and Z Employees https://journal.umy.ac.id/index.php/bti/article/view/27388 <p>This study examines the influence of diversity management on organizational performance by mediating organizational climate on Generation Y and Z employees in Batam City. A total of 280 respondents were selected through purposive sampling, and the data were analyzed using PLS-SEM. The results show that diversity management improves organizational performance, both directly and through the organizational climate. These findings affirm the importance of managing generational diversity and creating a positive work climate to encourage performance. This study contributes to the literature on strategic management of HR and multigenerational organizational practices.</p> <p>&nbsp;</p> Ridhayati Farid Sri Cici Afrida Cahyati Rizni Aulia Qadri Sarfilianti Anggiani Copyright (c) 2025 JBTI : Jurnal Bisnis : Teori dan Implementasi https://creativecommons.org/licenses/by-nc-nd/4.0 2025-08-31 2025-08-31 16 2 press press 10.18196/jbti.v16i2.27388 Digitalization of Payments in Urban Society Indonesia https://journal.umy.ac.id/index.php/bti/article/view/27558 <p>The purpose of this study was to determine the effect of Perceived <em>Usefulness</em> and Perceived Ease of Use on the behavior intention to use digital payments through attitudes. The urgency of this study is regarding the acceptance of digital payments in urban communities in Indonesia, where digital phenomena have transformed and are a sign of acceleration into a digital society. This study uses the Technology Acceptance Model (TAM) development model, which provides valuable knowledge for technology designers and policymakers in understanding the factors that influence the acceptance of digital payment services. This study uses primary data in the form of a questionnaire of 200 urban communities in Indonesia who use digital payments in transactions using non-probability sampling techniques. This study uses the Path analysis method with SPSS. The results of the study show that Perceived Usefulness (X<sub>1</sub>) does not have a significant effect on Attitude (Y). However, Perceived Usefulness (X<sub>1</sub>) is known to be able to influence Behavior Intention (Z) directly. Attitude (Y) significantly affects Behavior Intention (Z). Perceived Ease of Use (X<sub>2</sub>) has a significant effect on Attitude (Y) but cannot directly influence Behavior Intention (Z), which means that digital payments must be easy to use to encourage attitudes toward the use of digital payments and ultimately increase the intention to use.</p> Nyimas Dewi Murnila Saputri Fida Muthia Fida Muthia Melisa Ariani Putri Copyright (c) 2025 JBTI : Jurnal Bisnis : Teori dan Implementasi https://creativecommons.org/licenses/by-nc-nd/4.0 2025-08-31 2025-08-31 16 2 press press 10.18196/jbti.v16i2.27558