Riset: Jurnal Aplikasi Ekonomi Akuntansi dan Bisnis

UNVEILING THE HIDDEN IMPACT OF GREEN ACCOUNTING ON CORPORATE SUCCESS

Dewi Sarifah Tullah — 2025-03-27

Increasing stakeholder demand has driven firms to integrate environmental sustainability into their business strategies. Green accounting, encompassing environmental performance and green investment, has become a key approach to achieving these goals. This study examines the effect of green accounting on financial performance, with Corporate Social Responsibility (CSR) as a moderating variable. Multiple linear regression analysis was conducted using quantitative data from financial and sustainability reports of publicly traded Indonesian firms (2021–2023). The findings indicate that environmental performance significantly enhances financial performance by improving legitimacy and operational efficiency. However, green investment does not directly influence financial performance, nor does CSR moderate it. While CSR independently strengthens financial performance, its moderating role in environmental performance negatively impacts short-term financial results, suggesting that CSR costs may outweigh immediate benefits. The study underscores the need for firms to optimize cost management and effectively communicate sustainability efforts to enhance stakeholder trust and long-term financial performance.

AUDIT QUALITY: COMPETENCE, PROFESSIONAL SKEPTICISM, WORKLOAD, AND AUDITOR TIME PRESSURE

Ahmad Daffa Raihan — 2025-03-27

This study examines the impact of competence, professional skepticism, workload, and time pressure on audit quality within Accounting Firms (KAP) in West Jakarta. Motivated by recent high-profile audit failures, this research seeks to address concerns about the effectiveness of current auditing practices. West Jakarta, known for its rapid business growth and a high concentration of KAPs, provides a relevant and diverse setting for this study. Data were collected from 100 auditors registered with the Indonesia Institute of Public Accountants, using a convenience sampling method, and analyzed with Smart PLS version 4.0. The findings indicate that while auditor competence, workload, and time pressure do not significantly impact audit quality, professional skepticism significantly enhances audit quality. It underscores the critical role of professional skepticism in maintaining high audit standards and preventing failures, particularly in high-pressure and high-workload environments.

IMPACT OF FISCAL POLICY ON EAST KALIMANTAN's CONSTRUCTION SECTOR GROWTH

Adrian Kesar Pratama Lubis — 2025-03-27

The Indonesian government's relocation of the national capital (IKN) from Jakarta to East Kalimantan is a strategic policy to address various challenges Jakarta faces, such as severe congestion, high population density, and natural disaster risks. Additionally, this move is expected to promote equitable development and accelerate economic growth in the eastern regions of Indonesia, which have lagged compared to Java Island. The realization of the infrastructure development budget for IKN in East Kalimantan has reached 97.50%, with the construction sector as the primary driver. This study aims to find out the general picture of the construction sector in East Kalimantan and analyze the construction sector's role through the fiscal policy of IKN infrastructure development in increasing output and employment. The method used is interregional input-output analysis. The results show that the construction sector is one of the key sectors in East Kalimantan, with an output multiplier of 1.87 and a labor multiplier of 0.003. An increase in final demand of 25.78 trillion rupiahs caused an increase in output in all sectors of the national economy of 48.32 trillion rupiahs and the absorption of 76919 workers.

ISLAMIC SHARECROPPING PRACTICES: EVIDENCE FROM INDONESIAN LOCAL COMMUNITIES

Hermita Arif — 2025-03-27

Agricultural sharecropping partnerships in Indonesia face transparency and fair profit distribution challenges between landowners and farmers, often leading to disputes and inequitable outcomes. This phenomenon is particularly evident in South Sulawesi, where traditional farming practices intersect with Islamic principles. This research aims to explore the practice of sharecropping contracts between land owners and farmers and to investigate its adherence to Islamic principles. This study employs a descriptive qualitative method using thematic analysis to explain the partnership model practiced by local farmers in South Sulawesi and comparative analysis to assess its adherence to the Islamic principle of al-maharajah. Financial analysis is also applied to evaluate the sharecropping scheme's economic viability. The study results found that implementing a sharecropping partnership is economically beneficial to society in increasing income. The sharecropping partnership application follows the local culture inherited decades ago. The output sharing ratio applied is 1:2 or 50:50 depending on which party bears the production costs other than land, complying with the Islamic principle of profit and loss sharing. Preparing the financial record to increase trust from landowners and evaluate the sharing ratio scheme effectively is suggested.

SUPERVISOR SUPPORT, MEANINGFUL WORK, AND HAPPINESS IN EMPLOYEE ENGAGEMENT

Brenda Stefani Novelia Tarek — 2025-03-27

The furniture manufacturing industry plays a crucial role in the global economy, driven by changing consumer lifestyles, urbanization, and the rapid expansion of the property sector. As demand for high-quality and eco-friendly furniture rises, ensuring high team member engagement becomes essential for maintaining productivity and innovation. This study examines the impact of supervisor support, Meaningful Work, and happiness at work on team member engagement in the furniture industry. Using the Job Demands-Resources (JD-R) theory, this research explores how job resources enhance engagement by increasing motivation and reducing job demands. Data were collected through team member surveys in furniture companies and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The results indicate that supervisor support, Meaningful Work, and happiness at work significantly influence team member engagement, with happiness at work emerging as the strongest predictor. This study contributes to the literature by integrating the JD-R theory within the furniture industry context. The findings suggest that organizations should implement strategies that foster team member happiness, create meaningful work experiences, and strengthen supervisor support to enhance engagement and overall performance.

STRENGTHENING REGIONAL REVENUE THROUGH GOVERNANCE AND STRATEGIC LOCAL SPENDING SYNERGY

Muhammad Fadhil Kusuma Wardana — 2025-03-27

This study investigates the effect of regional government expenditure and institutional quality on local own-source revenue in Indonesia during the COVID-19 pandemic. The analysis is based on data from 2021 to 2022 from 34 provincial governments in Indonesia, focusing on how local expenditure can influence local revenue. The study also examines the role of institutional quality in enhancing local revenue. The analysis method used in this study is regression using panel data with a random effect model (REM) as the best model. The results indicate that strategic regional expenditures such as tax incentives and social aid in times of crisis can significantly impact local revenue by stimulating local economic activities, keeping the purchasing power of society, and enhancing public services. Furthermore, the quality of government performance and good governance practices, such as the digitalization of services, positively influence local revenue by increasing public trust and improving administrative efficiency. The result demonstrates that strategic local expenditure, implemented with good governance, can boost taxpayer satisfaction, improve local revenue collection, and increase regional fiscal independence. This research provides valuable insights for policymakers, especially the Ministry of Finance and local governments, to optimize regional spending and governance in achieving regional independence.

KEY SUCCESS FACTORS OF WOMEN'S MSMEs IN DEPOK CITY

Suharyati Suharyati — 2025-03-27

This study aims to identify the key success factors for women’s MSMEs in Depok City by analyzing data from 120 women-owned MSMEs. Women’s MSMEs in Indonesia are a crucial pillar of the local economy, contributing significantly to poverty alleviation, job creation, and family economic empowerment. Using quantitative methods, the study employs Principal Component Analysis (PCA) with varimax rotation. Out of the 29 variables initially studied, they were grouped into seven main components. The results indicate that the 29 variables were reduced to 16, which were categorized into seven key components: business environment and opportunities, digital independence and technology, marketing communication and financial literacy, financial capabilities, and virtual networks, adaptive strategies and entrepreneurial efficiency, government support and competitive advantage, and entrepreneurial skills and digital marketing. These components offer a comprehensive understanding of the critical success factors for women's MSMEs. This study provides strategic recommendations for women’s MSME and the government, particularly the Depok City Cooperative and MSME Service, to formulate policies that promote women’s economic empowerment in the MSME sector.

OMNICHANNEL RETAILING AND CONSUMER DECISION IN BEAUTY PRODUCTS: SOCIOLLA’S EXPERIENCE

Nathasya Fernanda — 2025-03-27

This study investigates the influence of omnichannel experiences on the repurchase intention of beauty products, with customer satisfaction and trust serving as mediating variables. The study's data were gathered via an online poll of 180 participants in Indonesia. The survey results were examined using Structural Equation Modeling techniques with SmartPLS 3.0. The findings confirm that omnichannel experiences directly influence repurchase intention, customer satisfaction, and trust in the beauty product purchasing process. Furthermore, trust and customer satisfaction mediate The relationship between consumers' repurchase intentions and omnichannel experiences.

MICRO, SMALL, AND MEDIUM ENTERPRISES PERFORMANCE: FINANCIAL MANAGEMENT AS MODERATION

Ika Wulandari — 2025-03-27

This study aims to determine the effect of financial literacy, financial inclusion, and financial Management on the performance of MSMEs. This study is a type of quantitative research. The population of this study is all MSMEs in the Sleman Regency. The research sample was obtained using the Slovin formula with a purposive sampling method and a margin of error of 10%. The number of samples was 100 people. This study used primary data and questionnaires to collect data. Data analysis in this study used the Smart PLS program. The study results indicate that Financial Literacy affects the Financial Performance of Sleman Regency. Financial Inclusion Affects the Financial Performance of MSME Actors in Sleman Regency. Financial Management Does Not Affect the Financial Performance of MSME Actors in Sleman Regency. Financial Management does not strengthen financial literacy on financial performance. Financial Management does not reinforce financial inclusion in the financial performance of MSME actors in the Sleman Regency. The implication of the results of this study is the importance of improving financial literacy through training or mentoring programs to increase awareness of the risks faced if financial literacy is low, such as poor debt management or misinvestment—the importance of seeking information about financial products that suit your business needs.

OWNERSHIP STRUCTURE AND TAX AVOIDANCE: AUDIT QUALITY AS A MODERATION

Salsabila Putri Nurdiana — 2025-03-27

In addition to examining the correlation between ownership structure and tax avoidance, this research further seeks to establish if audit quality can reinforce the effect of ownership structure on tax avoidance. The study examines manufacturing firms listed between 2019-2023 on the Indonesia Stock Exchange (IDX). Purposive sampling was employed, and 26 companies with 130 data points were selected based on a 5-year observation period (2019–2023). The analysis method employed is panel data regression utilizing the Eviews 10 software. The study's results indicate that while institutional ownership positively impacts tax avoidance, there is no correlation between tax avoidance and managerial and family ownership. While audit quality may enhance the impact of family and institutional ownership on tax avoidance, it cannot enhance the effect of management ownership on tax avoidance.

EXPLORING AUDIT COMPLEXITIES: KEY FACTORS SHAPING FRAUD DETECTION SKILLS

Hotma Glorya Ika Sari — 2025-03-27

This study investigates the interplay between auditor workload, auditor experience, professional skepticism, and fraud detection in Indonesian public accounting. Given the increasing complexity of audits and the prevalence of fraud, the research aims to explore how these factors impact auditors' ability to identify fraudulent activities. Based on survey data from 250 auditors, the findings reveal that high workloads negatively impact fraud detection capabilities, whereas experience and professional skepticism positively contribute to detection effectiveness. Additionally, professional skepticism moderates the negative impact of workload on fraud detection but may weaken the positive effect of experience. These findings underscore the importance of effective workload management and the development of professional skepticism to enhance fraud detection. Recommendations include equitable workload distribution, on going training to foster skepticism and analytical skills, and technology integration in auditing. These findings provide valuable insights for practitioners, fostering a proactive approach to fraud prevention and contributing to greater accountability and transparency in financial practices.

SUSTAINABLE FINANCE AND GREEN BANKING DISCLOSURE: UNLOCKING FIRM VALUE POTENTIAL

Adelia Puspitasari — 2025-03-27

This research examines the impact of green banking disclosure and sustainable finance on firm value, with institutional ownership as a moderating element. The data utilized are secondary data acquired from the annual and sustainability reports of banking firms listed on the Indonesia Stock Exchange from 2019 to 2023. The research used a purposive selection technique encompassing 12 banking institutions, yielding 60 observation units. Panel data regression analysis is performed utilizing STATA version 17 software. The results indicate that green banking disclosure does not substantially influence firm value, whereas sustainable finance favors firm value. Moreover, institutional ownership does not enhance the positive correlation between green banking disclosure and firm value but diminishes the positive correlation between sustainable finance and firm value. This work theoretically enhances the comprehension of green banking transparency, sustainable finance, and firm value interplay. The findings provide essential insights for banking institutions to augment openness in sustainability reporting and act as an assessment instrument for regulators, including the Financial Services Authority, to refine rules concerning sustainable financing.

ULTRA MICRO FUNDING PROGRAM: SURVEY OF SMALL AND MEDIUM ENTERPRISES

Nurhidayati Nurhidayati — 2025-03-27

This study aims to determine how MSME actors in Palembang, South Sumatra, perceive MSME credit or financing that the government provides to MSME actors, especially at the micro level. This study uses questionnaires to obtain the perceptions of MSME actors towards MSME financing. The respondents of this study were MSME actors who participated in the “Beli Kreatif Sumatera Selatan (BKSS)” activity, a collaborative program of the Ministry of Tourism and Creative Economy with several stakeholders, one of which is the Ministry of Finance. The results of the questionnaires are then presented descriptively. Based on the questionnaire processing results, several things need attention, especially from MSME financing policymakers. The aspects that received the lowest assessment were regarding the equalization of credit to all levels of MSMEs and the amount of loans offered in the financing. In open questions, most respondents also expect interest-free Sharia financing. This study focuses on exploring the perceptions of MSME actors on financing or debt, which, for most MSMEs, is very difficult to access, especially at the micro level. The study results are expected to improve the design of MSME financing by the government.