P-ISSN : 2808-8557 E-ISSN : 2808-8573 DOI : 10.46576/wjs Jurnal ini dikelola oleh Program Studi Akuntansi Fakultas Ekonomi dan Bisnis Universitas Dharmawangsa, Medan. Jurnal ini Terbit pertama kali pada bulan November 2021. Jurnal Ini merupakan peer-reviewed journal yang mempublikasikan artikel-artikel ilmiah dalam bidang Akuntansi. Artikel-artikel yang dipublikasikan di Jurnal Akuntansi meliputi hasil penelitian ilmiah asli (prioritas utama), artikel ulasan ilmiah yang bersifat baru (tidak prioritas), serta hasil kajian dalam bidang akuntansi. Mulai dari Tahun 2026 Frekuensi Terbitan berubah menjadi 4 bulanan menjadi April, Agustus dan Desember. Berdasarkan Surat Kementerian Pendidikan, Kebudayaan, Riset dan Teknologi, Direktorat Jenderal Pendidikan Tinggi Riset dan Teknologi Nomor 0173/C3/DT.05.00/2025 Perihal Pemberitahuan Hasil Akreditasi Jurnal Ilmiah Periode I Tahun 2025 diinformasikan Worksheet : Jurnal Akuntansi memperoleh Akreditasi Baru Peringkat 4 mulai Volume 1 Nomor 2 Tahun 2022 sampai Volume 6 Nomor 1 Tahun 2027. Berikut lampiran surat dapat didownload Disini
Copyright (c) 2026 Cover Jurnal https://creativecommons.org/licenses/by-nc-sa/4.0
Copyright (c) 2026 Daftar Isi https://creativecommons.org/licenses/by-nc-sa/4.0
Perbandingan Kinerja Keuangan Bank Syariah dan Bank Konvensional dalam Era Digitalisasi Perbankan
This study aims to determine the differences in financial performance between Islamic banks and conventional banks in the era of banking digitalization during the period 2017–2023. This study uses quantitative methods with secondary data obtained from the annual financial reports of Islamic banks and conventional banks in Indonesia. Financial performance is measured through the Return on Assets (ROA), Return on Equity (ROE), Non-Performing Loan/Financing (NPL/NPF), Loan to Deposit Ratio/Financing to Deposit Ratio (LDR/FDR), and Operating Expenses to Operating Income (BOPO). Data analysis was performed using descriptive statistics and the Mann-Whitney U test using statistical software. The results show that not all financial performance indicators show differences between Islamic banks and conventional banks. Significant differences were found only in the ROE, NPL/NPF, and BOPO ratios, while the ROA and LDR/FDR ratios showed relatively similar results. These findings suggest that banking digitalization has a greater impact on operational efficiency, financing quality, and capital management than on banks' ability to generate returns from assets. This research is expected to assist banking management and regulators in developing more appropriate strategies and policies to address the development of digital banking.
Copyright (c) 2026 Febria Ningsih https://creativecommons.org/licenses/by-nc-sa/4.0
DETERMINING FACTORS OF FIRM VALUE WITH FIRM SIZE AS MODERATING VARIABLE : A STUDY OF BANKING COMPANIES IN INDONESIA
This study aims to examine the effect of liquidity, funding decisions, investment decisions, and dividend policy on firm value, with firm size as a moderating variable. The sample used in this study were banking companies listed on the Indonesia Stock Exchange (IDX) during the 2022-2025 period. The sampling technique used was Purposive Sampling, and a sample of 17 banks was obtained according to the established criteria, resulting in a total of 68 observations in this study. The data analysis methods used were Panel Data Regression Analysis and Moderated Regression Analysis (MRA). The results of the study indicate that liquidity has no effect on firm value, funding decisions have an effect on firm value, investment decisions have an effect on firm value, dividend policy has no effect on firm value, firm size is unable to moderate the effect of liquidity on firm value, firm size is able to moderate the effect of funding decisions on firm value, firm size is able to moderate the effect of investment decisions on firm value, and firm size is unable to moderate the effect of dividend policy on firm value.
Copyright (c) 2026 Elsani Fatona Zuanindra https://creativecommons.org/licenses/by-nc-sa/4.0
Pengaruh Perputaran Kas, Perputaran Persediaan, dan Perputaran Piutang Terhadap Profitabilitas (Studi Pada Perusahaan Food and Beverage Yang Terdaftar Di BEI Tahun 2022-2024)
Penelitian ini bertujuan untuk mengetahui pengaruh perputaran kas, perputaran persediaan, dan perputaran piutang terhadap profitabilitas pada perusahaan sektor food and beverages yang terdaftar di Bursa Efek Indonesia (BEI) periode 2022–2024. Jenis penelitian ini merupakan penelitian kuantitatif dengan metode analisis regresi linier berganda. Populasi dalam penelitian ini terdiri dari 36 perusahaan food and beverages yang terdaftar di BEI, sedangkan sampel ditentukan dengan teknik purposive sampling sebanyak 20 perusahaan selama tiga tahun pengamatan sehingga diperoleh 60 data observasi. Hasil analisis menunjukkan bahwa secara parsial variabel perputaran kas dan perputaran piutang tidak berpengaruh signifikan terhadap profitabilitas, sedangkan perputaran persediaan juga tidak berpengaruh signifikan terhadap profitabilitas. Secara simultan, ketiga variabel independen tersebut juga tidak berpengaruh signifikan terhadap profitabilitas perusahaan food and beverages yang terdaftar di BEI. Hasil penelitian ini mengindikasikan bahwa efisiensi pengelolaan kas, persediaan, dan piutang belum mampu meningkatkan tingkat profitabilitas perusahaan secara langsung. Kata kunci: Perputaran Kas, Perputaran Persediaan, Perputaran Piutang, Profitabilitas, Food and Beverages.
Copyright (c) 2026 Dian Novita Sari, Anisa Kusumawardani https://creativecommons.org/licenses/by-nc-sa/4.0
Purwarupa Chatbot WhatsApp untuk Digitalisasi Keuangan Petani: Inovasi Teknologi Ketahanan Pangan di Wilayah Terbatas Akses Internet
Penelitian ini bertujuan untuk mengembangkan dan mengevaluasi purwarupa chatbot WhatsApp berbasis aturan sebagai alat pendukung pencatatan keuangan usaha tani di wilayah dengan keterbatasan akses internet. Penelitian menggunakan pendekatan research and development dengan model prototyping yang meliputi perancangan sistem, uji coba terbatas, dan evaluasi pengguna. Uji coba dilakukan di Yayasan Pelita Madani, Kabupaten Pringsewu, dengan melibatkan sepuluh pelaku usaha tani selama empat belas hari. Evaluasi dilakukan melalui pengujian fungsionalitas sistem, keberterimaan pengguna, serta perbandingan praktik pencatatan keuangan sebelum dan sesudah penggunaan sistem. Hasil penelitian menunjukkan bahwa chatbot mampu menjalankan fungsi utama pencatatan pemasukan dan pengeluaran serta menghasilkan ringkasan laporan keuangan otomatis dengan tingkat keberhasilan di atas ambang minimum yang ditetapkan. Keberterimaan pengguna berada pada kategori baik, terutama pada aspek kemudahan penggunaan dan kebermanfaatan sistem. Selain itu, penggunaan chatbot berkontribusi terhadap perbaikan praktik pencatatan keuangan usaha tani yang menjadi lebih rutin, terstruktur, dan terdokumentasi secara digital. Penelitian ini memberikan kontribusi pada pengembangan akuntansi digital terapan di sektor pertanian dengan menunjukkan bahwa chatbot WhatsApp dapat menjadi solusi teknologi tepat guna yang inklusif bagi petani di wilayah dengan keterbatasan konektivitas
Copyright (c) 2026 Endah Yuni Puspitasari https://creativecommons.org/licenses/by-nc-sa/4.0
PENGARUH GCG DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN CSR SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN SUB SEKTOR TRANSPORTASI DAN LOGISTIK
Penelitian ini dilakukan dengan tujuan untuk menguji bagaimana pengaruh Good Corporate Governance (GCG) dan Profitabilitas terhadap Nilai Perusahaan dengan Corporate Social Responsibility (CSR) sebagai variabel moderasi pada perusahaan sub sektor transportasi dan logistik. Populasi dalam penelitian ini sebanyak 37 perusahaan sub sektor transportasi dan logistik yang telah konsisten terdaftar di Bursa Efek Indonesia (BEI) sepanjang rentang tahun penelitian, yaitu tahun 2022-2024. Kemudian teknik pengambilan sampel yang digunakan dalam penelitian ini ialah metode sensus dimana seluruh anggota populasi dijadikan sampel sehingga total sampel pada penelitian ini sebanyak 111 data. Dalam penelitian ini GCG diproksikan dengan Indeks Pengungkapan Corporate Governance (IPCG) dengan standar pengungkapan KNKG, Profitabilitas diproksikan dengan ROA, CSR diproksikan dengan Corporate Social Responsibility Index (CSRI) dengan standar pengungkapan GRI 2021, dan Nilai Perusahaan diproksikan dengan PBV. Adapun teknik analisis dalam penelitian ini menggunakan metode analisis regresi berganda dan metode analisis regresi moderasi (MRA) yang diolah menggunakan alat analisis statistik. Hasil penelitian menunjukkan GCG, Profitabilitas, dan CSR secara simultan berpengaruh terhadap Nilai Perusahaan; GCG berpengaruh positif dan signifikan terhadap Nilai Perusahaan; Profitabilitas berpengaruh negatif dan signifikan terhadap Nilai Perusahaan; CSR berpengaruh positif dan signifikan terhadap Nilai Perusahaan; CSR menguatkan pengaruh GCG terhadap Nilai Perusahaan; dan CSR melemahkan pengaruh Profitabilitas terhadap Nilai Perusahaan.
Copyright (c) 2026 Raisa Shaumi Akbar, Rilla Gantino https://creativecommons.org/licenses/by-nc-sa/4.0
Pengaruh Tax Planning dan Tax Avoidance terhadap Nilai Perusahaan pada Perusahaan Sektor Energi yang Terdaftar di BEI Tahun 2022-2024
The dynamic business environment and fluctuating stock prices of energy sector companies on the Indonesia Stock Exchange have driven the importance of tax management strategies, particularly through tax planning and tax avoidance, to maintain and enhance company value. This study aims to analyze the influence of tax planning and tax avoidance on company value in energy sector companies listed on the Indonesia Stock Exchange for the 2022–2024 period. The scientific approach employed is a quantitative method using multiple linear regression analysis, utilizing secondary data from 36 energy sector companies listed on the Indonesia Stock Exchange during the 2022–2024 period. The results indicate that partially, tax planning (TRR) has a positive and significant effect on company value (0,003), while tax avoidance (CETR) has no significant effect on company value (0,832). Simultaneously, tax planning and tax avoidance have a significant effect on company value.
Copyright (c) 2026 Nurul Aulia Annisa https://creativecommons.org/licenses/by-nc-sa/4.0
ANALISIS RASIO KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PERUSAHAAN SUB SEKTOR PERKEBUNAN KELAPA SAWIT YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE TAHUN 2020-2024
Fluktuasi harga minyak sawit yang dipengaruhi oleh kenaikan biaya pupuk dan penurunan produksi akibat cuaca memiliki dampak yang berbeda pada perusahaan, yaitu peningkatan laba ketika harga naik dan penurunan ketika harga turun. Studi ini bertujuan untuk menilai kinerja keuangan perusahaan sub-sektor perkebunan kelapa sawit yang terdaftar di Bursa Efek Indonesia periode 2020-2024. Metode penelitian yang analisis yang digunakan adalah deskriptif kuantitatif menggunakan data sekunder berupa laporan keuangan yang diperoleh melalui situs web www.idx.co.id. Sampel dipilih menggunakan purposive sampling. Teknik analisis yang digunakan meliputi rasio keuangan, rasio yaitu lancar, utang terhadap ekuitas, margin laba bersih, dan perputaran total aset, dengan pendekatan time series dan cross-section serta perbandingan dengan standar industri. Hasil analisis digunakan untuk mengidentifikasi potensi penyebab dan dampaknya pada perusahaan. Hasil analisis menunjukkan bahwa dalam jangka waktu tertentu, rasio lancar cenderung meningkat (rata-rata 227%), rasio utang terhadap ekuitas menurun (rata-rata 86%), margin laba bersih meningkat (rata-rata 12%), perputaran total aset (0,68 kali) meningkat tetapi masih di bawah standar industri. Secara lintas sektoral, LSIP menunjukkan kinerja terbaik, sedangkan SMAR memiliki efisiensi aset tertinggi. Secara keseluruhan, LSIP adalah perusahaan dengan kinerja keuangan yang unggul. Kata kunci: Kinerja keuangan, rasio keuangan, laporan analisis keuangan
Copyright (c) 2026 Amelina Dwi Febriana, Arif Hartono, Khusnatul Zulfa Wafirotin https://creativecommons.org/licenses/by-nc-sa/4.0
PENGARUH EARNING PER SHARE, PRICE TO BOOK VALUE DAN RETURN ON EQUITY TERHADAP HARGA SAHAM
This study aims to analyze the effect of Earning Per Share (EPS), Price to Book Value (PBV), and Return on Equity (ROE) on stock prices of companies included in the LQ45 Index on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. This study employs a quantitative method using a multiple linear regression approach. The research population consists of 70 LQ45 companies, with a sample of 19 companies selected through purposive sampling. Data were collected using a documentation method in the form of corporate financial statements. The data analysis techniques include classical assumption tests, t-test, F-test, and the coefficient of determination. The results indicate that partially, EPS and PBV have a positive and significant effect on stock prices, while ROE has a negative effect on stock prices. Simultaneously, EPS, PBV, and ROE have a significant effect on stock prices. The coefficient of determination value of 0.642 indicates that these variables explain 64.2% of the variation in stock prices.
Copyright (c) 2026 Haerianti Haerianti https://creativecommons.org/licenses/by-nc-sa/4.0
ANALISIS PENGARUH KAMPANYE BOIKOT PRODUK KFC TERHADAP RETURN SAHAM PADA PT FAST FOOD INDONESIA TBK
This study aims to analyze the effect of the KFC product boycott campaign on the stock returns of PT Fast Food Indonesia Tbk before and after the issuance of MUI Fatwa Number 83 of 2023 on November 8, 2023, as the t-0 event date. The variables of this study are the boycott campaign and stock returns before and after the issuance of MUI Fatwa Number 83, measured using a periodic data approach. The population of this study is the entire stock price of PT Fast Food Indonesia Tbk (IDX: FAST) listed on the Indonesia Stock Exchange, while the sample is the weekly closing price before and after the t-0 event with an observation time window of t-40 to t+40, t-30 to t+30, t-20 to t+20, t-10 to t+10 taken by time-series sampling. Data collection was carried out using documentation techniques. Data analysis was carried out using descriptive statistical tests, data normality test, paired sample t-tests, and Wilcoxon signed rank tests. The results of this study found no significant difference (<0.05) over the entire observation period, thus rejecting the hypothesis. This means that the boycott campaign had no effect on stock returns before and after the issuance of MUI Fatwa Number 83 of 2023. Keyword: Boycott, Stock Return, PT Fast Food Indonesia Tbk
Copyright (c) 2026 Indika Nurul Aulia, Aswar Anwar, Nur Afiah https://creativecommons.org/licenses/by-nc-sa/4.0
ANALISIS PROSES RESTITUSI PAJAK PERTAMBAHAN NILAI (PPN) DALAM UPAYA MELINDUNGI HAK WAJIB PAJAK BADAN PADA KANTOR KONSULTAN PAJAK SOLUSI KONSULTAN MANDIRI
Value Added Tax (VAT) restitution is an important mechanism in the tax system to ensure fairness and protect taxpayer rights. However, in practice, it is often considered complex due to strict administrative procedures and lengthy audit processes. This study aims to analyze the VAT restitution process in an effort to protect the rights of corporate taxpayers at the Solusi Konsultan Mandiri Tax Consultant Office. This study uses a qualitative descriptive method, with data collection techniques including interviews, documentation, and observation. The results show that the VAT restitution process has been carried out in accordance with applicable procedures and regulations. The process is not considered difficult as long as taxpayers are compliant, administratively orderly, and supported by valid tax invoices. In addition, tax consultants play a crucial role in assisting taxpayers by ensuring complete documentation and a smooth audit process. The implications of this study indicate that an effective restitution process, supported by taxpayer compliance and professional assistance, can optimize the fulfillment of taxpayer rights and increase trust in the tax administration system.
Copyright (c) 2026 Wahyuni Wahyuni https://creativecommons.org/licenses/by-nc-sa/4.0
DETERMINAN TUNNELLING INCENTIVE PADA PERUSAHAAN SEKTOR ENERGI DI INDONESIA
Tunneling incentive remains a critical issue in corporate governance, particularly in energy sector companies characterized by concentrated ownership structures and high related-party transactions. The purpose of this study is to investigate the impact of transfer pricing, debt covenant, and profitability on tunneling incentives in energy businesses listed on the Indonesia Stock Exchange between 2021 and 2025. Partial Least Square (PLS) analysis utilizing SmartPLS 4 is used in this quantitative study. Purposive sampling is used to choose samples from financial statements and annual reports that contain secondary data. The findings reveal that profitability does not have a significant effect on tunneling incentive, indicating that higher earnings do not necessarily lead to opportunistic behavior by controlling shareholders. In contrast, transfer pricing shows a positive and significant effect, suggesting that related-party transactions are commonly used as a mechanism for resource shifting. Meanwhile, debt covenant has a significant negative effect, implying that stricter creditor monitoring reduces the likelihood of tunneling practices. Furthermore, the variables simultaneously have a significant effect on tunneling incentive, with an R-Square value of 0.780, indicating strong explanatory power. These results highlight that tunneling incentive practices are more influenced by transaction structures and external monitoring mechanisms rather than profitability levels, emphasizing the importance of governance and regulatory oversight in the energy sector
Copyright (c) 2026 Rahel Junita https://creativecommons.org/licenses/by-nc-sa/4.0
ANALISIS TAX AVOIDANCE DITINJAU DARI KARAKTERISTIK PERUSAHAAN
This study aims to examine and analyze the influence of company characteristics, namely profitability, leverage, sales growth, and firm size, on tax avoidance practices. The population of this research consists of manufacturing companies listed on Indonesia Stock Exchange during the 2021–2024 period. The sampling process employed a purposive sampling technique, resulting in 74 companies with a total of 296 observation data that met the research criteria. The study applied a quantitative approach using secondary data obtained from annual financial reports. Data were analyzed through multiple linear regression using the SPSS version 25 software. The findings indicate that profitability, sales growth, and firm size negatively affect tax avoidance, while leverage shows a positive effect on tax avoidance. Furthermore, the coefficient of determination test produced an adjusted R-square value of 0.298, suggesting that the independent variables included in this study have limited explanatory power in predicting tax avoidance practices. The results imply that corporate financial characteristics contribute differently to managerial decisions related to tax strategies and corporate tax planning
Copyright (c) 2026 Retno Sundari, Anisa Kusumawardani https://creativecommons.org/licenses/by-nc-sa/4.0
Analisis Sistem Pengendalian Internal Persediaan Barang Dagang Studi Kasus Pada Toko Emas Mulia Jaya Kecamatan Sinjai Utara Kabupaten Sinjai
Penelitian ini bertujuan menganalisis sistem pengendalian internal persediaan barang dagang pada Toko Emas Mulia Jaya berdasarkan teori Mulyadi yang mencakup pemisahan tanggung jawab, sistem wewenang dan pencatatan, praktik yang sehat, serta kompetensi karyawan. Subjek penelitian meliputi pemilik dan karyawan, dengan objek berupa pengelolaan persediaan emas, menggunakan pendekatan kualitatif melalui wawancara, observasi, dan dokumentasi. Hasil penelitian menunjukkan bahwa sistem pengendalian internal secara umum telah berjalan cukup baik, terutama pada aspek prosedur pencatatan, sistem wewenang, dan praktik yang sehat. Namun, masih terdapat kelemahan pada pemisahan tanggung jawab dan kompetensi karyawan akibat keterbatasan sumber daya dan proses rekrutmen yang belum berbasis kualifikasi. Meskipun demikian, operasional usaha tetap berjalan dengan baik karena adanya pengawasan langsung dari pemilik, sehingga sistem pengendalian dinilai cukup memadai untuk skala usaha kecil.
Copyright (c) 2026 A. OKCHAYANI ALAIKA RISAL https://creativecommons.org/licenses/by-nc-sa/4.0
KONTRIBUSI RASIO KEUANGAN TERHADAP FINANCIAL DISTRESS PADA SUBSEKTOR KONSTRUKSI BANGUNAN PERIODE 2020–2024
Penelitian ini bertujuan untuk menganalisis kontribusi arus kas operasional, periode penagihan rata-rata, kapasitas operasional, dan pertumbuhan penjualan terhadap kesulitan keuangan pada perusahaan subsektor konstruksi bangunan yang terdaftar di Bursa Efek Indonesia (IDX) untuk periode 2020–2024. Penelitian ini dimotivasi oleh tekanan keuangan pasca pandemi COVID-19 yang menyebabkan kerugian beruntun. Pendekatan kuantitatif asosiatif digunakan, dengan menggunakan data sekunder dari laporan keuangan tahunan. Sampel dipilih melalui teknik purposive sampling, menghasilkan 10 perusahaan selama lima tahun (50 observasi). Kesulitan keuangan diukur menggunakan model Modified Altman Z-Score dan dianalisis melalui regresi linier berganda. Secara parsial, arus kas operasional (OCF) dan kapasitas operasional (OC) memiliki pengaruh signifikan dan positif terhadap kesulitan keuangan, sedangkan periode penagihan rata-rata (ACP) dan pertumbuhan penjualan (SG) tidak memiliki pengaruh signifikan. Secara simultan, semua variabel memiliki pengaruh signifikan (F = 17,511, sig. = 0,000) dengan R² = 0,609. Temuan ini menunjukkan bahwa arus kas dari operasi dan efisiensi pemanfaatan aset merupakan faktor dominan dalam memprediksi kesulitan keuangan di industri konstruksi bangunan di Indonesia.
Copyright (c) 2026 indah haryati hasanah, Dicky Jhoansyah, Tetty Sufianty https://creativecommons.org/licenses/by-nc-sa/4.0
Struktur Kepemilikan, Kebijakan Utang, dan Persistensi Laba: Studi Emiten Sektor Kesehatan
Penelitian ini bertujuan mengkaji pengaruh struktur kepemilikan yang mencakup kepemilikan manajerial dan kepemilikan institusional serta kebijakan utang terhadap persistensi laba pada perusahaan sektor kesehatan yang terdaftar di Bursa Efek Indonesia selama periode 2019–2023. Menggunakan desain penelitian kuantitatif dengan pendekatan deskriptif-verifikatif, studi ini menerapkan regresi panel data yang terdiri dari 16 perusahaan sampel selama lima tahun, menghasilkan 80 observasi. Pemilihan sampel dilakukan melalui teknik purposive sampling. Uji diagnostik asumsi klasik dan hipotesis dilaksanakan menggunakan EViews 12. Temuan pengujian simultan membuktikan bahwa ketiga variabel independen secara bersama-sama berpengaruh signifikan terhadap persistensi laba dengan kontribusi penjelasan sebesar 26,7% terhadap variasinya. Secara parsial, kepemilikan manajerial menunjukkan pengaruh negatif signifikan, sementara kepemilikan institusional tidak mencapai ambang signifikansi statistik. Tingkat hutang memberikan pengaruh negatif yang paling kuat dan memiliki makna ekonomis yang substansial, mengindikasikan bahwa leverage yang tinggi secara nyata menggerus keberlanjutan laba yang dilaporkan. Penelitian ini memberikan kontribusi pada literatur kualitas laba di sektor kesehatan Indonesia industri yang secara strategis terbukti tangguh selama pandemi COVID-19. Temuan penelitian menawarkan panduan berbasis bukti bagi investor, manajemen, dan regulator keuangan dalam upaya meningkatkan kredibilitas persistensi laba perusahaan.
Copyright (c) 2026 Yasir Maulana, Hasna Firyal Khaerunnisa, Disman Disman, Hermarm Wiharno https://creativecommons.org/licenses/by-nc-sa/4.0
The Effect of NPL, LDR, and BOPO on Profitability with NIM as a Moderating Variable in Private Banks Listed on the IDX
Penelitian ini dirancang untuk menguji sejauh mana Kredit Macet (KPR), Rasio Pinjaman terhadap Simpanan (KPR), dan Rasio Beban Operasional terhadap Pendapatan Operasional (BOPO) memengaruhi profitabilitas yang diwakili oleh Return on Assets (ROA) dengan Net Interest Margin (NIM) sebagai variabel moderasi, di antara bank-bank komersial swasta nasional konvensional yang terdaftar di Bursa Efek Indonesia (IDX) selama periode 2020 hingga 2024. Data yang digunakan dalam penelitian ini adalah data sekunder, bersumber dari laporan keuangan tahunan masing-masing bank. Sampel dipilih menggunakan purposive sampling, menghasilkan 34 bank dengan total 170 observasi. Pendekatan yang diterapkan adalah metode kuantitatif yang menggabungkan analisis regresi data panel dan Analisis Regresi Moderasi (MRA), dengan seluruh proses dijalankan menggunakan perangkat lunak EViews 13. Pengujian melalui uji Chow dan uji Hausman menghasilkan kesimpulan bahwa Model Efek Tetap adalah spesifikasi model yang paling tepat untuk digunakan. Hasil estimasi menunjukkan bahwa NPL dan LDR tidak memiliki pengaruh signifikan terhadap ROA, sedangkan BOPO ditemukan memiliki pengaruh negatif yang substansial terhadap ROA. Lebih lanjut, NIM, sebagai variabel moderasi, ditemukan memperkuat pengaruh NPL terhadap ROA, tetapi sebaliknya melemahkan hubungan antara LDR dan ROA serta hubungan antara BOPO dan ROA. Hasil keseluruhan ini menegaskan kembali peran sentral profitabilitas sebagai tolok ukur utama kesehatan keuangan perbankan, sehingga mengharuskan bank untuk secara konsisten menjaga kualitas kredit, mengelola likuiditas dengan hati-hati, dan mempertahankan efisiensi operasional. Selain itu, pengelolaan margin bunga bersih yang efektif telah terbukti berpotensi meningkatkan kinerja keuangan bank sekaligus mengurangi dampak negatif yang disebabkan oleh risiko kredit dan inefisiensi operasional.
Copyright (c) 2026 Aimmatul Qoyyimah, Nanik Wahyuni https://creativecommons.org/licenses/by-nc-sa/4.0
Do Green Bonds Matter? Evidence From Stock Market Responses In ASEAN Developing Countries
This study investigates the stock market reaction to the announcement of green bond issuances by companies operating in developing ASEAN countries. Using an event study methodology, the findings reveal no statistically significant abnormal returns before and after the announcement dates. This suggests that capital markets in the region have yet to respond to sustainable finance instruments such as green bonds meaningfully. The weak market reaction may reflect limited integration of sustainability considerations into pricing mechanisms, low investor awareness, and insufficient trust in corporate environmental commitments. The study underscores the need for issuers to enhance disclosure quality, particularly concerning project transparency, measurable environmental impact, and fund utilization governance. Market regulators and financial institutions should also strengthen the regional sustainable finance ecosystem through regulatory support, fiscal incentives, and investor education. Future research is recommended to expand the dataset across ASEAN countries and incorporate ESG ratings, bond certification types, and environmental policy stability to better understand market dynamics.
Copyright (c) 2026 Nurhaflah Soraya, Khairi Anshor https://creativecommons.org/licenses/by-nc-sa/4.0
Pengaruh Pengelolaan keuangan dan pemahaman SAK EMKM terhadap kinerja keuangan UMKM sektor makanan di kabupaten Tasikmalaya
Micro, Small, and Medium Enterprises (MSMEs) constitute a strategic sector in supporting economic growth and employment in Indonesia. However, various challenges related to financial management and the understanding of Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM) remain prevalent among MSME actors, potentially affecting their financial performance. This study aims to analyze the influence of financial management and understanding of SAK EMKM on the financial performance of food-sector MSMEs in Tasikmalaya Regency. The study employed a quantitative approach with an associative research design. Primary data were collected through questionnaires distributed to 100 MSME owners selected using purposive sampling techniques. Data analysis was conducted using multiple linear regression analysis with the assistance of SPSS version 26. The results indicate that financial management has a positive and significant effect on the financial performance of MSMEs, as evidenced by a significance value of 0.005 (< 0.05). In contrast, the understanding of SAK EMKM does not have a significant effect on financial performance, as indicated by a significance value of 0.281 (> 0.05). Furthermore, the coefficient of determination test shows that financial management and understanding of SAK EMKM jointly explain 25.4% of the variation in MSME financial performance, while the remaining 74.6% is influenced by other factors outside the scope of this study. These findings suggest that effective financial management plays a crucial role in improving MSME financial performance, whereas an understanding of SAK EMKM alone is insufficient to enhance financial performance without consistent implementation in business practices.
Copyright (c) 2026 Evi Nurapifah https://creativecommons.org/licenses/by-nc-sa/4.0
DETERMINAN TAX AVOIDANCE PADA PERUSAHAAN CONSUMER NON-CYCLICALS TAHUN 2022-2024
By analyzing non-cyclical consumer sector businesses listed on the Indonesia Stock Exchange from 2022-2024, this study aims to determine how they avoid paying taxes. Several criteria will be examined to achieve this objective: company size, profitability, corporate governance, leverage, and fixed asset intensity. Financial statements and annual reports are the primary sources of secondary data used in this study, which is a quantitative approach. Researchers used a purposive selection method to select 75 businesses for analysis, and they recorded 225 observations. After collecting the data, they used IBM SPSS to run multiple linear regressions. The study found that tax avoidance was significantly influenced by profitability, but not by leverage, fixed asset intensity, company size, and good corporate governance as assessed by an independent commissioner. The study concluded that, for non-cyclical consumer sector companies, the ability to generate profits is prioritized over other factors when deciding how to avoid paying taxes.
Copyright (c) 2026 Michelle . https://creativecommons.org/licenses/by-nc-sa/4.0
NORMALISASI HUTANG DALAM GENGGAMAN : EKSPLORASI PERSEPSI DAN GAYA HIDUP PEKERJA PENGGUNA FITUR PAYLATER PADA APLIKASI E-COMMERCE
Meningkatnya penggunaan fitur paylater pada aplikasi e-commerce menunjukkan adanya perubahan cara masyarakat memandang utang di era digital. Penelitian ini bertujuan untuk mengeksplorasi persepsi dan pengalaman pekerja pengguna paylater dalam memaknai utang digital, serta memahami keterkaitannya dengan gaya hidup konsumtif, lingkungan sosial, dan perkembangan teknologi e-commerce. Penelitian menggunakan pendekatan kualitatif dengan paradigma non-positivis dan metode deskriptif kualitatif. Data diperoleh melalui wawancara mendalam terhadap lima pekerja pengguna paylater yang dipilih secara purposive. Hasil penelitian menunjukkan bahwa penggunaan paylater mendorong perubahan cara pandang terhadap utang dari sesuatu yang sebelumnya cenderung dihindari menjadi lebih diterima sebagai bagian dari aktivitas konsumsi sehari-hari. Kemudahan akses, fleksibilitas pembayaran, serta berbagai promosi yang ditawarkan platform e-commerce menjadi faktor yang mendukung penggunaan paylater. Selain itu, lingkungan sosial dan budaya digital turut memperkuat penerimaan terhadap layanan tersebut. Di sisi lain, penggunaan paylater juga memunculkan perasaan khawatir dan tekanan psikologis ketika pengguna menghadapi kewajiban pembayaran. Temuan ini menunjukkan bahwa penggunaan paylater tidak hanya berkaitan dengan aspek ekonomi, tetapi juga melibatkan dimensi sosial, budaya, dan psikologis dalam kehidupan pengguna.
Copyright (c) 2026 Nurfadhilayani Nurfadhilayani https://creativecommons.org/licenses/by-nc-sa/4.0
Pengaruh Tata Kelola Perusahaan dan Carbon Emission Disclosure terhadap Kualitas Pelaporan Keberlanjutan (Studi pada Perusahaan Sektor Maritim dan Logistik yang Terdaftar di Bursa Efek Indonesia Periode 2021–2024)
This study aims to empirically examine and analyze the partial and simultaneous effects of corporate governance and carbon emission disclosure on the quality of sustainability reporting. This study uses a quantitative approach with a causal research design. The population in this study consists of maritime and logistics companies listed on the Indonesia Stock Exchange during the 2021–2024 period. Based on the sample selection criteria, 17 companies were obtained as research samples with a total of 68 observations. Data analysis used panel data regression, where the most consistent and appropriate model used was the Common Effect Model (CEM). The results show that corporate governance partially has no significant effect on the quality of sustainability reporting. On the contrary, carbon emission disclosure is convincingly proven to have a positive and significant effect on improving the quality of sustainability reporting. Furthermore, simultaneous testing proves that the integration between corporate governance structure and transparency of carbon emission disclosure is simultaneously able to provide a significant effect on the quality of sustainability reporting. The synergy of these two elements creates a highly effective dual control ecosystem in validating the push of Legitimacy Theory , even though current internal oversight mechanisms tend to still be oriented toward administrative compliance and financial targets alone.
Copyright (c) 2026 Zeynep Aslan, Meutia Riany https://creativecommons.org/licenses/by-nc-sa/4.0
ANALISIS DU PONT SYSTEM UNTUK MENILAI KINERJA KEUANGAN SUB SEKTOR PLASTIK DAN KEMASAN YANG TERDAFTAR DI BEI PERIODE 2020-2024
This study aims to assess the financial performance of plastic and packaging subsector companies listed on the Indonesia Stock Exchange during the 2020-2024 period. The research method used is descriptive quantitative analysis using secondary data in the form of financial reports obtained from the website www.idx.co.id. The sample was selected using purposive sampling. The analysis technique used includes the du pont system analysis which includes the net profit margin ratio, total asset turnover, equity multiplier, return on investment, return on equity, with a time series and cross-section approach as well as a comparison with the industry average. The results of the analysis are used to identify the causes and impacts on the company. The results of the time series analysis using NPM tended to decrease by an average of 5.35% during the 2020-2024 period. Based on the TATO ratio, it tended to decrease by an average of 0.92 times. Based on the EM ratio, it tended to increase by an average of 1.52 times. Based on the ROI ratio, it tended to decrease by an average of 5.58%. Based on the ROE ratio, it tended to increase by an average of 7.89%. Meanwhile, the analysis of the results using a cross-sectional approach shows that the highest NPM was achieved by IMPC. The highest TATO was achieved by PBID. The highest EM was achieved by SMKL. The highest ROI was achieved by PBID. The highest ROE was achieved by PBID.
Copyright (c) 2026 Aulia Ika Febriani, Arif Hartono, Dwiati Marsiwi https://creativecommons.org/licenses/by-nc-sa/4.0
PENGARUH KOMPETENSI, AKUNTANBILITAS, ETIKA DAN PENGALAMAN AUDITOR TERHADAP KUALITAS HASIL AUDIT PADA KANTOR AKUNTAN PUBLIK (KAP) DI KOTA MEDAN
This study is motivated by the declining audit quality in Indonesia, as reflected in increasing audit violations and sanctions, which highlight the need to examine individual auditor factors influencing audit outcomes. The objective of this research is to analyze the effect of auditor competence, accountability, ethics, and experience on audit quality at Public Accounting Firms in Medan City. This study employs a quantitative approach with a causal associative design, using primary data collected through questionnaires distributed to auditors. The data were analyzed using multiple linear regression based on the Ordinary Least Square (OLS) method with the assistance of SPSS, after passing classical assumption tests. The results indicate that, partially, competence has a significant effect on audit quality, while accountability, ethics, and auditor experience do not show significant individual effects. However, simultaneously, all independent variables significantly influence audit quality, indicating that audit quality is shaped by the interaction of multiple factors. Furthermore, the coefficient of determination suggests that there are other influential variables outside the model, such as auditor independence, time pressure, and audit complexity. The findings imply that improving audit quality requires not only technical competence but also the integration of multiple professional attributes. Therefore, future research is recommended to include additional variables to provide a more comprehensive understanding of audit quality determinants.
Copyright (c) 2026 Zun Samli Zega https://creativecommons.org/licenses/by-nc-sa/4.0
PENERAPAN E-GOVERNMENT TERHADAP KETERBUKAAN KEUANGAN PEMERINTAHAN DESA
This study aims to determine the effect of the Implementation of E-Government on the Financial Transparency of Village Government in Alasa District, North Nias Regency.. This study is quantitative in nature and uses primary data. The population in this study consists of all village officials in the villages of Alasa Subdistrict, with a sample of 71 respondents selected using purposive sampling. The data analysis technique used in this study was descriptive statistics. The researcher tested the quality of the primary data by conducting validity and reliability tests, classical assumption tests, multiple linear regression tests, and hypothesis tests using SPSS 26. The results of this study indicate that the implementation of e-government has a positive and significant effect on the transparency of village administration. The implications of this study indicate that optimizing the implementation of digital systems in village administration can increase public information disclosure and strengthen the transparency of village administration management.
Copyright (c) 2026 sahala purba https://creativecommons.org/licenses/by-nc-sa/4.0
Analisis Perhitungan Break Even Point (BEP) dalam Perencanaan Laba pada Usaha Sarung Tenun di Desa Bira Kecamatan Bontobahari Kabupaten Bulukumba
Penelitian ini bertujuan untuk menganalisis perhitungan Break Even Point (BEP) dalam perencanaan laba pada usaha sarung tenun di Desa Bira Kecamatan Bontobahari Kabupaten Bulukumba. Fokus Penelitian ini yaitu untuk mengetahui bagaimana Break Even Point (BEP) dalam perencanaan laba pada usaha sarung tenun di desa Bira kecamatan Bontobahari Kabupaten Bulukumba dengan menggunakan data bulan Januari-Desember 2024. Penelitian ini menggunakan metode deskriptif kualitatif dengan teknik pengumpulan data melalui wawancara dan dokumentasi. Dari hasil penelitian menunjukkan bahwa usaha sarung tenun memiliki struktur biaya yang efisien dengan biaya tetap Rp7.570.000,00 per tahun dan biaya variabel Rp42.230.000,00 Setiap unit sarung tenun menghasilkan margin kontribusi sebesar Rp739.733,00 atau rasio 49%, yang menandakan efisiensi biaya yang baik. Titik impas usaha berada pada penjualan 1 unit atau Rp1.287.414,00 per bulan, dengan nilai margin of safety (MOS) yang selalu positif pada kisaran 1-5 unit, sehingga usaha tetap berada dalam kondisi aman dari risiko kerugian. Untuk mencapai target laba bulanan, usaha perlu menjual minimal 3 unit atau Rp4.348.639,00 Dengan penjualan aktual yang konsisten berada di atas titik impas, usaha sarung tenun dapat dikategorikan stabil secara profitabilitas.
Copyright (c) 2026 Lismayani Mutmainnah https://creativecommons.org/licenses/by-nc-sa/4.0
CARBON ACCOUNTING AS A FORM OF ENVIRONMENTAL ACCOUNTABILITY: A PHENOMENOLOGICAL STUDY ON THE RENEWABLE ENERGY COMPANY
This research aims to analyze the practices and meanings of carbon accounting as a form of environmental accountability in renewable energy companies, with a phenomenological study on PT Pertamina Geothermal Energy Tbk (PGEO). The background of the research is based on the increasing demand for transparency and environmental accountability amid the energy transition and national carbon emission reduction commitments. This research uses a qualitative approach with a phenomenological method within an interpretive paradigm. Research data were obtained thru the analysis of organizational documents such as sustainability reports, annual reports, and carbon emission management policies. The data analysis technique was conducted using Interpretative Phenomenological Analysis (IPA) with a focus on the dimensions of noema, noesis, and intentionality. The research results show that carbon accounting at PGEO is realized thru the systematic disclosure of Scope 1, Scope 2, and Scope 3 emissions that align with international reporting standards. Structural analysis reveals that carbon reporting practices are interpreted as a strategic instrument in maintaining the legitimacy and credibility of the company amidst ESG and capital market pressures. Meanwhile, the analysis of intentionality shows that carbon accounting is not merely understood as an administrative formality, but as a substantial and data-driven form of environmental accountability. This study concludes that carbon accounting plays a crucial role in ensuring consistency between sustainability claims and the operational realities of renewable energy companies. These findings are expected to enrich the study of environmental accounting and encourage more transparent and responsible carbon reporting practices in the renewable energy sector.
Copyright (c) 2026 Candra Pramula Pinandita, Dwi Indriani Fidiastutik Wijaya, Eti Putranti https://creativecommons.org/licenses/by-nc-sa/4.0
ANALISIS BREAK EVEN POINT (BEP) SEBAGAI ALAT PERENCANAAN LABA PADA USAHA KULIT LUMPIA SAHABAT CAP MERAH DESA JENETALLASA KECAMATAN PALLANGGA KABUPATEN GOWA
Micro, Small, and Medium Enterprises (MSMEs) play an important role in supporting Indonesia’s economy through job creation, increasing community income, and contributing to the national Gross Domestic Product (GDP). However, many MSMEs still face limitations in financial management, particularly profit planning, which may hinder business growth and reduce competitiveness. This problem is also experienced by Sahabat Cap Merah Lumpia Skin Business located in Jenetallasa Village, Pallangga District, Gowa Regency, which still faces difficulties in determining profit targets, controlling production costs, and dealing with monthly sales fluctuations. These conditions indicate the absence of structured profit planning, which may affect business decision-making. This study aims to analyze the Break Even Point (BEP) as a profit planning tool for the business. The research method used was descriptive qualitative with quantitative data in the form of cost, production, and sales data for the January–December 2024 period obtained through interviews and documentation. The results showed that fixed costs amounted to Rp385,015,000 per year and variable costs amounted to Rp244,879,654 per year. The contribution margin was Rp10,559.23 per unit with a contribution margin ratio of 75%. The break-even point was achieved at sales of 3,039 units or Rp42,539,484 per month. The Margin of Safety (MOS) ranged from 1,461 to 5,841 units, indicating that the business was in a safe condition. To achieve the profit target, the business needs to sell at least 3,986 units or Rp55,798,028 per month. In conclusion, Break Even Point analysis can be effectively used as a profit planning tool to determine minimum sales targets, control costs, and support better business decision-making for MSMEs.
Copyright (c) 2026 Firdayanti Firdayanti https://creativecommons.org/licenses/by-nc-sa/4.0
Determinan Sustainability Report pada Perusahaan Consumer Non-Cyclicals di Indonesia
Abstrak Studi ini menganalisis pengaruh komite audit, kepemilikan asing, dan liputan media terhadap pengungkapan laporan keberlanjutan, dan meneliti apakah tekanan karyawan memoderasi hubungan tersebut. Studi ini menggunakan pendekatan kuantitatif dengan pengambilan sampel bertujuan. Sampel terdiri dari 86 perusahaan sektor non-siklik konsumen yang terdaftar di Bursa Efek Indonesia (IDX). Analisis data dilakukan menggunakan regresi data panel dalam perangkat lunak EViews 13. Hasil menunjukkan bahwa komite audit dan liputan media memiliki pengaruh positif dan signifikan terhadap pengungkapan laporan keberlanjutan. Sebaliknya, kepemilikan asing tidak secara signifikan memengaruhi pengungkapan laporan keberlanjutan. Lebih lanjut, tekanan karyawan, sebagai variabel moderasi, gagal memperkuat hubungan antara variabel independen dan laporan keberlanjutan. Temuan ini menunjukkan bahwa mekanisme tata kelola perusahaan dan perhatian media memainkan peran penting dalam mempromosikan transparansi keberlanjutan perusahaan. Studi ini memberikan kontribusi empiris pada literatur tentang tata kelola perusahaan dan praktik pelaporan keberlanjutan, khususnya untuk perusahaan sektor non-siklik konsumen di Indonesia.
Copyright (c) 2026 Alfelia Zahra Afni https://creativecommons.org/licenses/by-nc-sa/4.0
PENGARUH FINANCIAL FLEXIBILITY DAN DIGITAL RISK DISCLOSURE TERHADAP NILAI PERUSAHAAN PADA SEKTOR TEKNOLOGI DI BURSA EFEK INDONESIA PERIODE 2015-2024
This study aims to analyse the effect of financial flexibility and digital risk disclosure on firm value in the technology sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2014–2024. Financial flexibility is measured using the financial flexibility index (FFI), while digital risk disclosure is measured through content analysis of annual reports using a digital risk disclosure index (DRDI). Firm value is proxied by Tobin's Q ratio. The research sample consists of 33 technology sector companies listed on the IDX, with a total of 330 firm-year observations. The analysis method employed is multiple linear regression with panel data processed using SPSS version 26. The results showed that: (1) financial flexibility has a significant positive effect on firm value; (2) digital risk disclosure has a significant positive effect on firm value; and (3) firm size, profitability, and sales growth also positively affect firm value, while leverage negatively affects firm value. This study contributes to the accounting literature on the role of financial flexibility and transparency of digital risk information in enhancing firm value, especially in the rapidly evolving technology sector in Indonesia.
Copyright (c) 2026 Sairin Sairin https://creativecommons.org/licenses/by-nc-sa/4.0
ANALISIS PENERAPAN AKUNTANSI KEBERLANJUTAN DALAM MENINGKATKAN NILAI PERUSAHAAN
This study aims to analyze the implementation of sustainable accounting in increasing the value of the Company at PT Bank Sumut from 2020 to 2024. This study uses a descriptive qualitative approach with data sources in the form of annual reports, sustainability reports obtained from PT Bank Sumut. The analysis is carried out based on the Global Reporting Initiative (GRI) standards and the Price to Book Value (PBV) approach for firm value. Sustainable accounting is an accounting concept that integrates economic, social and environmental aspects in the Company's operational activities and reporting. The results of this study indicate that the firm value of PT Bank Sumut from 2020 to 2024 shows that the firm value using the PBV approach has increased from year to year. Meanwhile, the implementation of sustainable accounting at PT Bank Sumut has been proven to have a positive impact on increasing company value. The implementation of sustainable accounting at PT Bank Sumut has an important role in supporting the increase in firm value both from financial and non-financial aspects. Keyword: Sustainable Accounting, Firm Value
Copyright (c) 2026 Rezki Zurriah https://creativecommons.org/licenses/by-nc-sa/4.0
ANALISIS KRITIS URGENSI SISTEM ACTIVITY BASED COSTING (ABC) DI PERUSAHAAN MANUFAKTUR DAN JASA
Critical Journal Review ini bertujuan untuk menganalisis secara kritis urgensi penerapan Activity-Based Costing (ABC) sebagai metode penentuan biaya yang lebih akurat dibandingkan metode tradisional. Metode yang digunakan dalam penelitian ini adalah Critical Journal Review (CJR) dengan mengkaji beberapa jurnal yang relevan terkait penerapan ABC di sektor manufaktur dan jasa. Hasil analisis menunjukkan bahwa metode ABC mampu memberikan informasi biaya yang lebih akurat karena mengalokasikan biaya berdasarkan aktivitas yang mengonsumsi sumber daya, sehingga dapat meningkatkan kualitas pengambilan keputusan manajerial. Namun demikian, penerapan metode ABC masih menghadapi berbagai kendala, seperti kompleksitas sistem, tingginya biaya implementasi, serta keterbatasan pemahaman sumber daya manusia. Selain itu, sebagian besar penelitian yang dikaji masih berfokus pada tingkat adopsi metode ABC tanpa menganalisis dampaknya secara mendalam terhadap kinerja perusahaan. Ketidakseimbangan sampel antara sektor manufaktur dan jasa dalam beberapa penelitian juga menjadi keterbatasan yang dapat memengaruhi generalisasi hasil. Oleh karena itu, diperlukan penelitian lebih lanjut yang tidak hanya mengkaji tingkat adopsi, tetapi juga mengevaluasi dampak implementasi ABC terhadap kinerja perusahaan secara komprehensif. Kata kunci: Activity-Based Costing, akuntansi biaya, kinerja perusahaan, sektor manufaktur, sektor jasa, Critical Journal Review.
Copyright (c) 2026 Ardin Doloksaribu https://creativecommons.org/licenses/by-nc-sa/4.0
Pengaruh Kebijakan Dividen, Leverage dan Good Corporate Governance Terhadap Nilai Perusahaan pada Perusahaan Perkebunan Yang Terdaftar Di Bursa Efek Indonesia
This study aims to analyze the effect of dividend policy, leverage, and Good Corporate Governance (GCG) on firm value in plantation companies listed on the Indonesia Stock Exchange (IDX) for the period 2020–2024. Firm value is measured using Price to Book Value (PBV), dividend policy using Dividend Payout Ratio (DPR), leverage using Debt to Equity Ratio (DER), and GCG using the proportion of independent commissioners. The study employs a quantitative descriptive approach with secondary data from annual reports. A sample of 8 plantation companies was selected through purposive sampling from 30 companies, resulting in 40 observations. Panel data multiple linear regression with the Random Effect Model was applied using EViews 12. Results show that partially, dividend policy has no significant effect on firm value, leverage has a positive and significant effect, while GCG has no significant effect. Simultaneously, the three variables do not significantly affect firm value.
Copyright (c) 2026 Dwi Zahara, Dwi Zahara https://creativecommons.org/licenses/by-nc-sa/4.0
PENGARUH TATA KELOLA PERUSAHAAN, PERENCANAAN PAJAK, DAN KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN PADA PT PRASIDHA ANEKA NIAGA TBK PERIODE 2014–2025
This study aims to examine the effect of corporate governance, tax planning, and financial performance on firm value at PT Prasidha Aneka Niaga Tbk for the period 2014–2025. The research method used is a quantitative approach with multiple linear regression analysis using SPSS. Secondary data were used in the form of annual financial reports of the company over 12 years. Corporate governance is proxied by institutional ownership, tax planning by the effective tax rate (ETR), financial performance by return on equity (ROE), and firm value by Tobin's Q. Partial results show that corporate governance has a significant effect on firm value (sig. 0.037 < 0.05; t-count 2.512 > t-table 2.364). Tax planning does not significantly affect firm value (sig. 0.439 > 0.05). Financial performance also does not significantly affect firm value (sig. 0.989 > 0.05). Simultaneously, all three variables have a significant effect on firm value with F-count 4.757 and sig. 0.034 < 0.05.
Copyright (c) 2026 Arif Hidayat, Karolina Karolina https://creativecommons.org/licenses/by-nc-sa/4.0
IMPLEMENTASI APLIKASI SAKTI TERHADAP AKURASI DATA PERSEDIAAN BARANG OPERASIONAL PADA KANTOR KESYAHBANDARAN DAN OTORITAS PELABUHAN UTAMA BELAWAN
This study aims to analyze the implementation of the Institutional Financial Application System (SAKTI) on the accuracy of operational inventory data at the Belawan Main Port Authority Office. This study uses a descriptive method with a qualitative approach, with data collection techniques through interviews, observations, and documentation of employees involved in inventory management and the operation of the SAKTI Application. The results show that the implementation of the SAKTI Application can improve the efficiency and integration of the system in the inventory recording and reporting process through the integration of financial modules, as well as the existence of a system validation feature that helps minimize recording errors, thereby improving the accuracy of inventory data. However, there are still several obstacles in its implementation, such as dependence on the internet network and the use of manual recording as an operational tool, which causes delays in data input into the system. Overall, the implementation of the SAKTI Application has made a positive contribution to improving inventory data accuracy and supporting transparency and accountability in the management of operational goods at the Belawan Main KSOP. Keyword: SAKTI implementation, data accuracy, operational inventory.
Copyright (c) 2026 Handika Salim Siagian https://creativecommons.org/licenses/by-nc-sa/4.0
ESG UNDERSTANDING BY MSME ACTORS IN MANAGERIAL DECISION MAKING (Study on Tofu Factory MSMEs)
This study aims to examine the understanding of Environmental, Social, and Governance (ESG) principles among Micro, Small, and Medium Enterprises (MSMEs) in managerial decision-making at a tofu manufacturing MSME in Tasikmalaya Regency. The study was motivated by the low level of MSME understanding regarding sustainability concepts, inadequate waste management practices, and managerial decisions that are still based on personal experience and traditional practices. This research employed a qualitative method with an exploratory approach. Data were collected through interviews, observations, and documentation involving several informants, including the business owner, production manager, employees, local community members, and representatives from the environmental agency. Data analysis was conducted through data reduction, data presentation, open coding, axial coding, and conclusion drawing. The results indicate that MSME actors do not formally understand the ESG concept; however, some ESG values have been indirectly implemented in daily business activities, particularly in the social aspect. In the environmental aspect, waste management practices remain simple and do not yet comply with environmental standards. In the social aspect, relationships between business owners, employees, and the surrounding community are relatively harmonious through communication and deliberation. Meanwhile, in the governance aspect, business records and managerial decision-making are still conducted in a simple manner based on experience. The main obstacles to ESG implementation include limited financial resources, lack of knowledge, and inadequate supporting facilities.
Copyright (c) 2026 Maudi _ Solehah https://creativecommons.org/licenses/by-nc-sa/4.0
Pengaruh Good Corporate Governance terhadap Financial Distress dan Dampaknya bagi Nilai Perusahaan
The purpose of this study is to analyze the effect of good corporate governance proxied by managerial ownership, institutional ownership, and independent board of commissioners on firm value mediated by financial distress. This study uses agency theory to explain the relationship between variables. The population used is manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the period 2020–2024. The data sources used are secondary data in the form of financial reports and annual reports obtained from the Indonesia Stock Exchange and the company's official website. The number of samples is 425 company data for 5 years, which were selected using the purposive sampling method. The results of the study indicate that managerial ownership, institutional ownership, and independent board of commissioners have a significant negative effect on financial distress. This study also found that managerial ownership and institutional ownership have a significant positive effect on firm value, but the independent board of commissioners has a positive but insignificant effect on firm value. In addition, it was also found that financial distress has a significant negative effect on firm value. Finally, this study found that financial distress mediates the relationship between managerial ownership, institutional ownership, and independent board of commissioners on firm value.
Copyright (c) 2026 Robert Jao, Fransiskus Randa, Anthony Holly, Harun Widodo https://creativecommons.org/licenses/by-nc-sa/4.0
ANALISIS PENCATATAN, PENGUKURAN DAN PENGAKUAN ATAS LAPORAN PENJUALAN MENURUT PSAK 72 PADA PT. RODA ASIA HANAMI CABANG MEDAN
This study aims to analyze the recording, measurement, and recognition of revenue based on PSAK No. 72 at PT. Roda Asia Hanami, Medan Branch. The research method used is a descriptive method with a qualitative approach. Research data were obtained through interviews, observations, and documentation using primary and secondary data in the form of sales reports and company documents. Data analysis techniques were carried out by comparing the company's revenue recording, measurement, and recognition practices with the provisions of PSAK No. 72. The results of the study indicate that PT. Roda Asia Hanami, Medan Branch has not fully implemented PSAK No. 72 optimally. In the aspect of revenue recording, the company has identified contracts, determined transaction prices, and allocated transaction prices, but there are still errors in inputting transaction prices that cause inaccurate revenue recording. In terms of revenue measurement, the company measures revenue based on the price of tire retreading services according to the size and type of service, but discrepancies were still found due to errors in determining transaction prices. Meanwhile, in terms of revenue recognition, the company still recognizes revenue when a customer orders a service even though the service has not been completed and the goods have not been received by the customer. This practice is not in accordance with PSAK No. 72, which stipulates that revenue is recognized after the performance obligation is fulfilled and control over the goods or services has been transferred to the customer.
Copyright (c) 2026 Cut Tasya Marshanda https://creativecommons.org/licenses/by-nc-sa/4.0
PENGARUH PENGALAMAN AUDITOR TERHADAP KUALITAS AUDIT, SUPERVISI SEBAGAI VARIABEL MODERATING PADA KANTOR AKUNTAN PUBLIK (KAP) DI KOTA MEDAN
This study aims to examine and analyze the influence of auditor experience on audit quality and the role of supervision as a moderating variable in Public Accounting Firms (KAP) in Medan. This is a quantitative study using an associative approach. The population in this study was all auditors working in Public Accounting Firms (KAP) in Medan, with a sample size of 83 auditors. The data collection method used a survey method by distributing questionnaires to respondents. The data analysis technique employed a quantitative approach using statistical analysis using the Automated Model Analysis (AU), Inner Model Analysis (IN), Hypothesis Testing, and Moderated Regression Analysis (MRA). Data processing in this study used SemPLS (Partial Least Squares) software. The results of the study indicate that auditor experience has a positive and significant effect on audit quality. This indicates that auditors with more work experience have a better ability to detect material misstatements and apply audit procedures appropriately. Furthermore, the results of the moderating variable test indicate that supervision does not moderate the effect of auditor experience on audit quality.
Copyright (c) 2026 Anisa Putri Salsabila https://creativecommons.org/licenses/by-nc-sa/4.0
PENGARUH BIAYA LINGKUNGAN, CSR DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI INTERVENING
The mining sector makes a significant contribution to Indonesia’s economy however, environmental risks and fluctuations in firm value remain ongoing concerns. This study aims to examine the effect of environmental costs, Corporate Social Responsibility (CSR), and firm size on firm value, with profitability as an intervening variable, in mining companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. This research employed a quantitative approach using panel data regression analysis with EViews 12. The sampling technique used purposive sampling, resulting in 10 companies with a total of 50 observations. The analysis included descriptive statistics, model selection tests, classical assumption tests, t-tests, the coefficient of determination, and the Sobel Test. The results indicate that environmental costs do not have a significant effect on profitability but have a positive and significant effect on firm value. CSR has no significant effect on either profitability or firm value. Firm size does not significantly affect profitability but has a negative and significant effect on firm value. Profitability has a positive and significant effect on firm value. Furthermore, profitability is unable to mediate the effects of environmental costs, CSR, and firm size on firm value. These findings suggest that the disclosure of environmental costs and improved profitability serve as positive signals to investors, while larger asset ownership is perceived as a sign of inefficiency in the mining sector.
Copyright (c) 2026 Antonetha Maharani Lololau https://creativecommons.org/licenses/by-nc-sa/4.0
Pengaruh Literasi Pajak dan Kualitas Pelayanan Digital terhadap Kepatuhan Wajib Pajak PPh di Era Transformasi Digital pada UMKM di Kota Makassar
Tax compliance remains one of the major challenges in Indonesia's taxation system, particularly among Micro, Small, and Medium Enterprises (MSMEs). The implementation of digital tax services through DJP Online and Coretax Administration System is expected to improve taxpayer compliance in the era of digital transformation. This study aims to examine the effect of tax literacy and digital service quality on income taxpayer compliance among MSMEs in Makassar City. The research employed a quantitative approach using a survey method. Data were collected through questionnaires distributed to MSME taxpayers and analyzed using multiple linear regression with SPSS. The findings indicate that tax literacy has a positive and significant effect on taxpayer compliance. Likewise, digital service quality positively and significantly affects taxpayer compliance. Simultaneously, tax literacy and digital service quality significantly influence taxpayer compliance. These findings imply that improving taxpayer knowledge and enhancing the quality of digital tax services are essential strategies to increase MSME tax compliance in the digital transformation era.
Copyright (c) 2026 Putri Nandini https://creativecommons.org/licenses/by-nc-sa/4.0