Jurnal Akuntansi

Detection Determinants of Bank Sustainability Report

Fadilla Aprilia — 2024-05-01

Abstract

Purpose - This study aims to determine the effect of board gender diversity, narcissism, and audit committee meeting intensity on sustainability reports in the banking company sub-sector listed on the Indonesia Stock Exchange (IDX) for 2018-2022.
Design/methodology/approach - This study is a quantitative study that uses secondary data, namely data that has been processed in finished form and has been published. The population in this study are banking company sub-sector listed on the Indonesia Stock Exchange (IDX) for 2018-2022. The sample in this study was 12 companies with five years of observation using purposive sampling techniques to obtain 60 samples. The data analysis techniques used in this study are classical assumption test analysis, multiple linear regression test, correlation test, determination test, and t-test using SPSS 27 software.
Findings - The results showed board gender diversity has a negative effect on sustainability reports, narcissism does not affect sustainability report, and audit committee meeting intensity has a positive effect on sustainability reports.
Research limitations/implications - This research also provides a basis for further research into the relationship between organizational factors, leadership, and sustainability.

Keywords: Board Gender Diversity, Narcissism, Audit Committee, and Sustainability Report Disclosure

Perceived Ease of Use as a Moderator in the Relationship Between the Online Tax System and Tax Service Quality

Sari Dewi — 2024-05-01

Abstract

Purpose - The success of the online tax system is based on the existence quality of tax services and ease of use of the application. The low tax ratio proves that tax compliance in Indonesia is still relatively low. To overcome these problems, this study aims to examine the effect between the quality of tax services and the use of the online tax system and examine the effect of moderation of perceived ease of use of the online tax system and tax service quality.
Design/methodology/approach - This study used cross-sectional data and a quantitative approach. Sampling is carried out by disseminating questionnaires to taxpayers in Indonesia.
Findings - The results showed that there was a positive relationship between the tax service quality and the online tax system. In addition, it was found that there was a significant moderating influence between perceived ease of use and the relationship between online tax systems and tax service quality.
Research limitations/implications - The Directorate General of Taxes can make this research an assessment of Taxpayers on the online tax system services provided, so that it is expected to continue to develop the tax system to make it easier for the public to use. The government can provide socialization of the use of the online tax system to the public so that people in Indonesia can understand and use this digital-based tax system.

Keywords: Online Tax System, Tax Service Quality, and Perceived Ease of Use

Enhancing Value: The Impact of Environmental, Social, and Governance Disclosure on Indonesian Basic Materials Sector Companies

Amelia Putri Salma Difa — 2024-05-01

Abstract

Purpose - This study aims to determine the effect of the implementation of environmental, social and governance disclosure on firm value in the basic materials sector listed on the Indonesia Stock Exchange (IDX) during the 2018-2022 period.
Design/methodology/approach - This research uses quantitative methods using secondary data that has been published on the company’s official website and the official IDX website. The population in this study are basic materials sector companies listed on the IDX in 2018-2022. The samples in this study were 11 companies for five years of observation so that 55 data samples were obtained. The sampling technique used purposive sampling technique. The data analysis techniques used in the study are classical assumption test analysis, multiple linear regression test, correlation test, determination test, t test and f test using IBM SPSS 26 software.
Findings - The results showed that environmental disclosure has a positive influence on firm value, but social disclosure and governance disclosure do not show the same positive influence on firm value.
Research limitations/implications - The limited data set may not fully encapsulate the diverse impacts of ESG disclosures on firm value, thus impacting the robustness and generalizability of the study’s conclusions.

Keywords: Environmental Disclosure, Social Disclosure, Governance Disclosure, and Firm Value

The Role of Auditor Characteristics on Tax Avoidance

Hendi Hendi — 2024-05-01

Abstract

Purpose - This study aims to explore the role of auditor characteristics on the practice of tax avoidance in Indonesia. Auditor characteristics are determined from the auditor industry specialization, audit opinion, audit tenure, and audit fee. Meanwhile, tax avoidance behavior is determined from a comparison of the effective tax rate (ETR).
Design/methodology/approach - The secondary data analysis on this study applies a panel data regression method to analyze data from companies listed on the Indonesia Stock Exchange between 2018 and 2022.
Findings - The findings indicate that audit tenure has a significant negative effect on tax avoidance. Meanwhile, auditor industry specialization, audit opinion, and audit fees do not have a significant effect on tax avoidance.
Research limitations/implications - The results of this study contribute to the role of auditor characteristics on tax avoidance practices.

Keywords: Auditor Characteristics, Audit Fee, and Tax Avoidance

Executive Character and Financial Distress on Tax Avoidance with Manager’s Overconfidence as a Moderating Variable

Aditya Firmansyah — 2024-05-01

Abstract

Purpose - The purpose of this study was to determine the effect of executive character and financial distress on tax avoidance with manager overconfidence as a moderating variable. Design/methodology/approach - This study used a sample of BUMN Companies listed on the Indonesia Stock Exchange in 2017-2021. The data used in this study are financial statements and annual reports. The sampling technique used was purposive sampling, where from 38 BUMN companies, a sample of 10 companies was obtained for 5 years so that a total of 50 data samples were obtained. The analysis used is panel data regression analysis using fixed effect regression model data processed with the help of Eviews9 software.
Findings - The results obtained show that simultaneously executive character and financial distress affect tax avoidance. The results obtained show partially that executive character affects tax avoidance, financial distress has no effect on tax avoidance. The results obtained also show that manager overconfidence is not able to moderate the effect of executive character and financial distress on tax avoidance.
Research limitations/implications - The independent variables used in this research are only 2 factors, namely executive character and financial distress, as well as a moderating variable, namely manager overconfidence. This allows other factors that influence tax avoidance to be ignored.

Keywords: Executive Character, Financial Distress, Tax Avoidance, and Manager Overconfidence

Corporate Governance and Firm Performance During the COVID-19 Pandemic: Evidence from Indonesia

Maria Natalia — 2024-05-01

Abstract

Purpose - This study intends to see how corporate governance impacted firm performance during the COVID-19 pandemic across firms registered on the Indonesia Stock Exchange, except the financial industry.
Design/methodology/approach - The period of this study is 2020, where the COVID-19 pandemic occurred. This research refers to research conducted by Khatib & Nour (2021). Their research found that board size has a significant positive impact on firm performance, while board meetings and audit committee meetings have a significant negative effect on firm performance.
Findings - This study distinguishes itself from earlier studies by using the ASEAN CG Scorecard as a measurement criteria for corporate governance practices, which is still rarely employed in studies with similar topics. The results showed that corporate governance had an impact on firm performance during the COVID-19 pandemic in 279 firms registered on the Indonesia Stock Exchange. This study is consistent with Sami et al. (2011), Guney et al. (2020), and Khatib & Nour (2021).
Research limitations/implications - This study only examines the impact of corporate governance on firm performance during the COVID-19 pandemic while before the pandemic was not examined so that the results cannot be compared.

Keywords: ASEAN CG Scorecard, Board Size, Company Performance, and Corporate Governance, COVID-19

Carbon Emission Disclosure in Indonesia's Energy Sector: The Role of Environmental Performance and Media Exposure

Tria Siti Nurjanah — 2024-05-01

Abstract

Purpose - This study examines the effect of environmental performance and media exposure on carbon emission disclosure.
Design/methodology/approach - The research method used is quantitative with data collection techniques through literature study and documentation. The population used in this study is energy sector companies listed on the Indonesia Stock Exchange in 2018-2022. The sampling technique used purposive sampling, and a sample of 9 companies was obtained so that the total sample was 45 data. The analysis techniques used in this research are the classical assumption test, multiple linear regression, correlation test, determination, t-test, and f-test using SPSS version 25.
Findings - Research shows that environmental performance and media exposure has no effect on carbon emission disclosure.
Research limitations/implications - The time constraint of this research may also complicate monitoring changes in carbon disclosure over time.

Keywords: Environmental Performance, Media Exposure, and Carbon Emission Disclosure

Financial Performance Analysis of Investor Reactions with Sustainability Reports as a Moderating Variable in Mining Companies Listed on The IDX

Adam Ibnu Rosyid — 2024-05-01

Abstract

Purpose - This study aims to analyze financial performance on investor reaction with sustainability report as a moderator. Sustainability report is proxied by sustainability report disclosure index (SRDI), financial performance is proxied by 4 measures namely ROA, CR, TAT and DER, then investor reaction is proxied by stock returns.
Design/methodology/approach - The population of research used is mining companies listed on the Indonesia Stock Exchange for the 2019-2021 period. The study used purposive sampling technique in determining the research sample. From a population of 60 mining companies, 15 companies were obtained that met the predetermined sample criteria with the observation period 2019-2021. The analysis method used is Moderated Regression Analysis (MRA).
Findings - The results showed that financial performance based on ROA proxies has a positive effect on investor reactions and TAT has a negative effect on investor reactions. Financial performance based on CR and DER proxies has no effect on investor reactions. The results also show that the sustainability report is able to moderate the effect of financial performance based on ROA proxies on investor reactions, but the sustainability report is not able to moderate the effect of financial performance based on CR, TAT and DER proxies on investor reactions. This shows that investors still value ROA as a reference in assessing the financial performance of mining companies. Sustainability reports are proven to be a factor that moderates ROA on investor reactions. Mining companies may start to consider sustainability reports to attract investor reaction.
Research limitations/implications – The results of this study cannot be generalized because the scope of this research is limited to the mining industry.

Keywords: Financial Performance, Sustainability, and Investor Reaction

Good Corporate Governance and Corporate Social Responsibility on Financial Performance Through Earning Management

Supriyanto Supriyanto — 2024-05-01

Abstract

Purpose - This study aims to determine the effect of GCG and CSR on Financial Performance Through Earning Management during Covid-19 pandemic to see whether the company can be sustainable.
Design/methodology/approach - Study employs a quantitative methodology and utilizes the firm LQ45, one of 45 companies listed on the IDX for the 2018–2022 time frame. Based on EPS and TBQ as proxies.
Findings - The research findings demonstrate a substantial impact of CSR on FP. Financial performance is significantly impacted by GCG factors with institutional ownership proxies, ROA, EPS, and TBQ proxies, as well as audit quality indicators. The Kind variable on financial performance, which is mediated by the total accrual of the CSR variable in the form of TBQ and EPS, can't be mediated by Total Accrual. This indicates that the independent variable has no discernible negative impact on financial performance. Total accruals mediate between the independent variable's large positive impact on financial performance. Thus, it is clear that whereas earnings management can do so between GCG and CSR variables to financial performance. Management can choose to either maximize or minimize income through accounting policies, which can worry investors. Hence, enhancing environmental and social activities through CSR can impact earnings management.
Research limitations/implications – Implementing CSR in businesses can safeguard the environment while also improving financial success, Especially given that the ordinary investor is concerned with the environment and the company's sustainability.

Keywords: Good Corporate Governance, Corporate Social Responsibility, Earning Management, Financial Performance, and Audit Quality

The Analysis of Relationship Between Digital Transformation, Audit Risk, and Professional Skepticism Towards Audit Quality

Callista Tjia — 2024-05-01

Abstract

Purpose - The objective of this study is to examine how audit quality is affected by audit risk,
professional skepticism, and digital transformation at Public Accounting Firms (KAP).
Design/methodology/approach - 45 auditors were used as study samples. The audit quality
dependent variable is the research variable, and the independent variable comprises digital
transformation, audit risk, and professional skepticism.
Findings - The study's findings revealed digital transformation and professional skepticism
affect audit quality. Audit quality, nevertheless, is unaffected by audit risk. Meanwhile, digital
transformation, audit risk, and professional skepticism simultaneously affect audit quality. Research limitations/implications – Only includes a sample of 12 KAP in Indonesia. Most respondents work at KAP big 4. Respondents have not spread evenly.

Keywords: Audit Quality, Audit Risk, Digital Transformation, and Professional
Skepticism

Ethic Code and Internal Audit Quality

Riza Nurfidia Febrianti — 2024-05-01

Abstract

Purpose - The research aims to test the influence of codes of ethics (competence,
accountability, and professionalism) on the quality of audit results and to analyze the role of
mediation in audit performance and the impact of the codes (competence, accounting, and
professionalism) on the quality of auditing results. The attribution theory component is
included in the proposed model.
Design/methodology/approach - Data for this research is collected through survey methods, namely questionnaires. Research data and hypotheses are analyzed using a structural equation model (SEM), which is based on PLS. Respondents are 109 internal auditors at the Supreme Prosecutor's Office of the Republic of Indonesia.
Findings - The results of this study show that competence, accountability, and
professionalism have a positive and significant influence on the quality of the audit outcome.
In addition, competency, accountant, and professional influence positively and significantly
on the performance of the auditor. The auditor's performance has a positive and significant
impact on the quality of the audit outcome. Audit performance as a mediation role in this
research is fully mediated, which means that significantly independent variables (competence, accounting, and professional) are able to influence the dependent variable (quality of audit outcomes) without going through the mediation variable (auditor performance).
Research limitations/implications – Improve and maintain the Code of Ethics (competence,
accountability and professionalism) within the Internal Auditor environment at the Attorney
General's Office of the Republic of Indonesia.

Keywords: Internal Audit, Competence, Accountability, Professional Behavior,
Auditor Performance, and Audit Quality

Contribution of Lecturers Attributes in Distance Education Accounting Science in Higher Education

Hanny Hanny — 2024-05-01

Abstract

Purpose - This study aimed to investigate the impact of lecturer personal attributes (APD)
on the relationship between Distance Learning/Distance Education (PJJ) and Accounting
learning effectiveness (EPA) in higher education. The uniqueness of the study was the
collection of primary data over a year into the pandemic (2021), with the expectation that
APD would be more favorable and homogeneous compared to data collected in 2020.
Design/methodology/approach - The sample comprised 353 accounting students
experiencing PJJ from a campus equipped with a Learning Management System (LMS),
selected using Purposive Sampling method. Furthermore, the hypotheses were tested using
Moderated Regression Analysis (MRA).
Findings - The results showed that PJJ had a significantly positive effect on EPA in higher
education, while lecturers APD did not strengthen the influence of PJJ on EPA.
Research limitations/implications – But interestingly this research found that personal
attributes of lecturers (APD) were identified as an independent variable influencing EPA.

Keywords: Lecturers Personal Attributes, Distance Education, Accounting, and Higher
Education

Political Connections and Tax Avoidance

Sherin Tjahyadi — 2024-05-01

Abstract

Purpose - This study aims to find empirical evidence whether political connections affect tax
avoidance.
Design/methodology/approach - The research method used is a quantitative research method from annual reports and financial statements of primary consumption sector companies listed on the IDX (Indonesia Stock Exchange) for 2019-2021. The sampling method used is a non-probability sampling method (purposive sampling). This study used regression panel data processed using Eviews 12.
Findings - the results showed that political connections affect tax avoidance.
Research limitations/implications – Investors who wish to invest in a company may choose
to invest in companies with political connections due to the minimal tax avoidance practices
carried out in such companies.

Keywords: Tax, Political Connections, and Tax Avoidance

Firm Value in Profitability, Leverage, Capital Structure, and Firm Growth

Sonnia Dea Larasati — 2024-05-01

Abstract

Purpose - This research was conducted to determine and explain how profitability, leverage,
capital structure, and company growth can affect firm value.
Design/methodology/approach - This research used quantitative data with sampling method and the data source was obtained from the annual report of the Automotive and Component Sub Sector companies that have been registered on Indonesian Stock Exchange in 2016-2022. These data in this research are analyzed with panel data regression analysis which is processed using EViews 12 software.
Findings - Results from this research point out that profitability, leverage, capital structure,
and company growth simultaneously influence company value. The partial test shows
profitability with capital structure positively influencing company value. Meanwhile, leverage
and company growth have no effect on firm value.
Research limitations/implications - The implication from this research, it can assist
companies in managing and using leverage properly and optimizing company growth so that
stock prices remain stable so that it can be used as a good consideration for investors.

Keywords: Company Value, Profitability, Leverage, Capital Structure, and Company
Growth

Implementation of SAK E-MKM: Key Factor in Improving MSME Performance

Aris Setiawan — 2024-05-01

Abstract

Purpose - This study aims to test and analyze the factors that influence the application of
SAK-EMKM. The factors used are the perceptions of MSME actors, SAK-EMKM
socialization, SAK-EMKM training and human resource (HR) competencies.
Design/methodology/approach - This research uses quantitative methods, and the data
obtained comes from distributing questionnaires to MSME actors in Pontianak City. Data in
this research was processed with the assistance of software IMB SPSS 25.
Findings - The results showed the results of the Adjusted R Square value of 0.883, this means
that the application of SAK-EMKM can be explained by MSME perceptions, SAK-EMKM
socialization, SAK-EMKM training and Human Resource Competencies (HR) by 88.3%. In
the influence test, it is known that MSME perceptions, SAK-EMKM socialization and HR
competencies have a positive and significant effect on the application of SAK-EMKM in
MSME actors, while SAK-EMKM training has no effect on the application of SAK-EMKM.
This study recommends that MSME actors be able to record financial statements in
accordance with SAK-EMKM.
Research limitations/implications – This research has limitations on the scope of the
research area.

Keywords: Implementation of SAK-EMKM, MSME Actors, and MSME Perception