Global Perspectives on Multidisciplinary Research International Proceedings
Global Perspectives on Multidisciplinary Research International Proceedings (GLOPEMIR) is a prestigious platform that publishes high-quality, peer-reviewed research papers presented at international conferences across diverse disciplines. The journal is dedicated to fostering collaboration and knowledge exchange among scholars, researchers, and professionals from various fields such as social sciences, engineering, health, economics, environmental studies, technology, and more. GLOPEMIR emphasizes innovative approaches and cutting-edge research that address global challenges and future directions in multidisciplinary studies. Each proceeding showcases diverse perspectives on pressing issues, advancing scholarly discourse and providing insights into practical applications across industries and sectors. By offering an inclusive platform, GLOPEMIR ensures that the voices of researchers worldwide are heard, enhancing the global impact of multidisciplinary research. Published proceedings are indexed in major academic databases, ensuring wide accessibility and recognition within the academic community. Journal Title : Global Perspectives on Multidisciplinary Research International Proceeding Initials : GLOPEMIR E-ISSN : DOI Prefix : Publisher : Research and Global Alliance Accreditation :
The Enabling Control Systems and Work Performance in Higher Education: The Role of Intrinsic Motivation in Overcoming Task Challenges
Current challenges for accounting schools and their academicians, especially in developing countries like Indonesia, include the deteriorating trend of student quality and the research left behind compared to other business school disciplines. Meanwhile, how the institutions design their control systems affects those performances because the proper systems escalate intrinsic motivation and mitigate counterproductive work behaviour (CWB). However, there is a paucity of studies discussing the connection between control practices and academics' work-related outcomes in higher education. Therefore, this study focuses on the beliefs and interactive control systems, intrinsic motivation, task difficulty, CWB, and performance. Partial least squares structural equation modelling (PLS-SEM) is employed to analyse 251 online survey responses from Indonesian accounting academics. The findings depicted the positive association between the beliefs and interactive control systems as the enabling control practices and intrinsic motivation, while this motivation significantly mitigated academics' CWB. The interaction between task difficulty and intrinsic motivation decreases the adverse effect of task difficulty on CWB. The lower CWB is associated with higher performance. The findings highlight the critical function of intrinsic motivation in connecting the enabling control systems with academics' work-related outcomes. Overlooking the role of intrinsic motivation in the control design leads to the systems' dysfunction.
Copyright (c) 2024 Kristin Rosalina, Ruzita Jusoh (Author) https://creativecommons.org/licenses/by-sa/4.0
ESG Performance and Tax Avoidance with Board of Commissioners Characteristics as Moderation
This study aims to empirically examine the influence of ESG (Environmental, Social, and Governance) performance on tax avoidance and assess the impact of board characteristics on the relationship between ESG performance and tax avoidance. The research explores financial and other data from manufacturing companies listed on the stock exchanges in Indonesia and Malaysia from 2018 to 2022. The findings of this study indicate that ESG performance serves as a strategy to minimize tax avoidance, and the percentage of independent Boards strengthens the relationship between ESG performance and tax avoidance in both Indonesia and Malaysia. However, CEO Duality has not yet been able to strengthen the relationship between ESG performance and tax avoidance in these countries. Practical Implications, these findings have several policy and practical implications that could help regulators minimize tax avoidance by establishing regulations that mandate the implementation and reporting of ESG. In addition, policies aimed at increasing the percentage of independent boards are expected to serve as a monitoring tool to reduce tax avoidance practices. The originality of this research lies in the measurement of board characteristics using two approaches: CEO Duality and the percentage of independent boards, which serve as moderating variables to identify factors that weaken or strengthen the relationship between tax avoidance and ESG performance.
Copyright (c) 2024 Mohamad Khoiru Rusydi, Bogat Agus Riyono, Wahyu Kartika Larasati (Author) https://creativecommons.org/licenses/by-sa/4.0
FRAUD DIAMOND ANALYSIS ON FINANCIAL STATEMENT FRAUD(Case on State-Owned Enterprises Listed on the Indonesia Stock Exchange in 2020-2023)
This study aims to obtain empirical evidence regarding the effect of fraud diamond theory on financial statement fraud as proxied by F-score. Fraud diamond is a theory developed by Wolfe and Hermanson (2004) which including four elements pressure, opportunity, rationalization and capability. The test of the fraud diamond element uses proxy variables is financial stability, external pressure, financial targets, nature of the industry, change in auditor and change in director. The research sample used was 17 state-owned companies listed on the IDX during the 2020-2023 period with purposive sampling method. Based on multiple linear regression analysis, the results show that external pressure has a negative effect on financial statement fraud and financial targets have a positive effect on financial statement fraud. While the variables of financial stability, the nature of the industry, the change of auditors and the change of directors have no significant effect on financial statement fraud.
Copyright (c) 2024 Tubandrijah Herawati, Ananda Pratama Putra Adji Marsaid, Laila Fitriyah (Author) https://creativecommons.org/licenses/by-sa/4.0
Professional Skepticism, Political Pressure and Audit Quality in the Government Sectors, Indonesia
This research analyzes the role of political pressure in moderating audit quality in the government sector. Referring to Hurtt (2010), this research examines the influence of interpersonal understanding, questioning mind, search for knowledge, self-confidence, self-determining, and suspension of judgment on perceptions of audit quality with political pressure as a moderator. Data collection was carried out through a survey of Indonesian Supreme Audit Agency’s (BPK) auditors, resulted in 360 usable responses. Data analysis was carried out using SmartPLS with multiple regression analysis (MRA) test. The results indicate that the independent variables identified by Hurtt (2010), except self-determining, influence perceptions of audit quality. Political pressure is proven to weaken the influence of interpersonal understanding, questioning mind, and search for knowledge on audit quality, but does not moderate suspension of judgment on perceptions of audit quality. The findings indicate that audit quality can be improved when auditors have professional skepticism, which can be realized by having high motivation and integrity, always questioning information or obtaining sufficient audit evidence, obtaining further clarification before making audit conclusions, and demonstrating self-confidence and ability at every step of the audit. Search for knowledge is necessary to clarify complex situations and verify audit conclusions. Political pressure can be avoided if auditors have suspension of judgment so that audit quality can be improved.
Copyright (c) 2024 Nurkholis, Zaki Baridwan, Muhammad Thojibussabirin, Suriana AR Mahdi (Author) https://creativecommons.org/licenses/by-sa/4.0
Assessing the Impact of Open Government Initiatives on Bureaucracy Performance: Study of Indonesian Local Government Context
Open Government Initiatives (OGIs) have gained significant traction globally as mechanisms to enhance transparency, accountability, and public participation in governance. In Indonesia, these initiatives have been adopted with the aim of improving bureaucratic performance, reducing corruption, and fostering trust between the government and its citizens. The Indonesian government has implemented various OGIs, such as the Indonesian Open Government Initiatives program, which seeks to promote transparency and accountability at both national and local levels. This paper aims to assess the impact of these initiatives on the performance of local government bureaucracies in Indonesia, using a comparative study approach. The findings suggest that OGIs can have a positive impact on transparency and accountability, but their impact on service delivery is more mixed. The success of OGIs in enhancing bureaucratic performance is contingent on factors such as political will, institutional capacity, and civic engagement.
Copyright (c) 2024 Didied Poernawan Affandy, Eko Ganis Sukoharsono, Aulia Fuad Rahman, Zaki Baridwan (Author) https://creativecommons.org/licenses/by-sa/4.0
Effectiveness of Accounting Education in Fostering Self-Control and Professional Ethics: An Analysis Using the SAD RIPU Concept
Modern accounting practices are often trapped in materialism, placing the accounting profession urgent need for strong ethics in the face of increasing cases of ethical violations in the business and financial world. The objective of this research underscores the importance of accounting education that not only emphasizes technical skills, but also hones self-control and develops professional ethics as a fundamental value in individuals. This study will use a quantitative approach with survey data collection techniques using questionnaires. The population in this study is all accounting lecturers who are Hindu with sample determination using purposive sampling. The data analysis technique uses SEM PLS. The results of the study show that accounting education plays a significant role in developing self-control, which in turn has a positive impact on professional ethics. This education not only instills the principles of integrity, objectivity, confidentiality, and professional competence, but it also helps individuals manage emotional impulses and maintain flexibility in thinking to conform to expected ethical standards. The study also found that Sad Ripu – emotional weaknesses such as kama (desire) and krodha (anger) – can moderate the relationship between self-control and professional ethics. In other words, an individual's ability to behave ethically is influenced by how they deal with and manage these emotional weaknesses. These findings confirm that accounting education needs to pay attention to spiritual and emotional aspects, so that it can help build professionals who are not only technically intelligent, but also have moral and spiritual resilience in carrying out their profession.
Copyright (c) 2024 Made Sudarma, Putu Prima Wulandari, Rizka Fitriasari, Ni Putu Ari Aryawati (Author) https://creativecommons.org/licenses/by-sa/4.0
The Influence of Transfer Pricing Aggressiveness and Corporate Social Responsibility Disclosure on Tax Avoidance with Tax Haven as a Moderating Variable
This study aims to examine the influence of transfer pricing aggressiveness and corporate social responsibility (CSR) disclosure on tax avoidance, with tax haven use as a moderating variable. Data were collected from all manufacturing companies listed on the Indonesia Stock Exchange from 2020 to 2023. This study employs multiple linear regression analysis to test the research hypotheses and uses MRA (Moderated Regression Analysis) to test the moderating variable. The results show that transfer pricing aggressiveness has a positive effect on tax avoidance, and CSR disclosure is negatively related to tax avoidance. Additionally, the tax haven strengthens the positive effect of the relationship between transfer pricing aggressiveness and tax avoidance. Moreover, it also strengthens the negative effect of CSR disclosure on tax avoidance. These findings indicate that tax havens play a significant role when companies engage in tax avoidance through transfer pricing schemes. This study contributes to the body of knowledge on concepts and theories related to the variables examined by the author.
Corporate Social Responsibility Disclosure
Copyright (c) 2024 Yeney Widya Prihatiningtias, Muhammad Jusuf Wibisana, Wildan Alifian Akbar (Author) https://creativecommons.org/licenses/by-sa/4.0
The Role of Political Connections in Moderating the Effect of Board Gender Diversity on Financial Distress in Indonesian Banking Companies
This study aims to examine the role of political connections in moderating the effect of board gender diversity and board size on financial distress. The research sample consists of 138 observations from banking sub-sector companies listed on the Indonesia Stock Exchange during the period 2021-2023. The testing was conducted using panel data regression analysis. The findings indicate that gender diversity in the board of commissioners does not affect financial distress, while gender diversity in the board of directors has a positive effect. Additionally, board size has a negative effect on financial distress. Furthermore, political connections do not moderate the effect of gender diversity on the board of commissioners, but they do moderate the negative effect of gender diversity on the board of directors on financial distress. Additionally, political connections can moderate the positive effect of board size on financial distress. These findings may be useful for company management in determining the most effective board composition to improve company performance and avoid financial difficulties.
Copyright (c) 2024 Yeney Widya Prihatiningtias, Surya Adiwicaksana (Author) https://creativecommons.org/licenses/by-sa/4.0
Comparing the Effectiveness and Efficiency of Using Accounting Applications (SWOT Analysis)
This study aims to compared the effectiveness and efficiency of using Accounting Applications (i.e. Accurate, Journal, and Zahir) in improving company performance. The study used a qualitative approach with a descriptive method. Data were collected through in-depth interviews with four informants from various companies that have used the application, and supplemented with passive observation. The results of the study indicate that the use of accounting applications can improve operational effectiveness and efficiency through automation of accounting processes, reducing manual errors, and accelerating the creation of financial reports. Each application has specific advantages, such as the Cost and Profit Center feature in Accurate which allows analysis per department, and data integration between departments in Journal. However, some weaknesses were also found, such as the limited features in Zahir which have not been integrated with the e-commerce platform. Overall, the use of accounting applications has been shown to improve the effectiveness and efficiency in managing company finances, with the selection of the most appropriate application depending on the specific needs and technological capabilities of each company.
Copyright (c) 2024 Akie Rusaktiva Rustam, Rika Nur Widiastutik (Author) https://creativecommons.org/licenses/by-sa/4.0
Efficient Stock Price Prediction Strategies: A Multi-Model Analysis in the Indonesian Capital Market
Accurate stock price prediction plays a vital role in finance, influencing investment strategies, market efficiency, and overall economic stability. The Indonesian capital market has experienced rapid growth, with increasing trading volumes and greater retail investor participation. This study investigates the efficacy of a hybrid model combining Random Forest (RF), Gated Recurrent Unit (GRU), and Seasonal Autoregressive Integrated Moving Average with Exogenous factors (SARIMAX) for forecasting stock prices in this dynamic market context. Using stock price data from Indonesia’s top five banking institutions, sourced via the Yahoo Finance API, each model (RF, GRU, and SARIMAX) was first developed independently and then combined through an ensemble approach. The goal was to evaluate whether this integrated method could yield more accurate predictions than standalone models. Results indicate that the hybrid model, particularly the RF-GRU-SARIMAX combination, outperforms individual models, delivering notable improvements in predictive accuracy. Random Forest demonstrated reliable and consistent performance across all bank stocks, while GRU exhibited limitations in accuracy, and SARIMAX, as a conventional statistical model, showed relatively weak performance in price forecasting. This study highlights the importance of using adaptive predictive models like Random Forest to enhance stock price forecasts in emerging markets. Recommendations for further research include refining the GRU model, exploring additional hybrid combinations, applying robust validation techniques, and incorporating more exogenous variables. Empirical evidence from this research offers valuable insights for investors and policymakers, supporting improved decision-making within the Indonesian capital market.
Copyright (c) 2024 David Kaluge, Tyas Danarti Hascaryani, Agapitus Hendrikus Kaluge (Author) https://creativecommons.org/licenses/by-sa/4.0
Analysis of Tax Compliance among MSME’s in Malang City: Voluntary vs Enforced Tax Compliance Towards Smart Governance
The objective of this study is to examine the impact of voluntary and enforced tax compliance strategies on tax compliance among individual and corporate taxpayers in MSMEs in Malang City from the perspective of Smart Governance. This research uses a qualitative methodology with interpretive paradigm that uses phenomenology technique. The data was obtained by conducting interviews with individual and corporate MSME’s taxpayers in Malang City. The result shows that voluntary and enforced tax compliance strategies had their own advantages and disadvantages. The enforced tax compliance can be running effectively only if the government had an absolute control over information circulating in society. Hence, the government must demonstrate a professional and competent attitude in tax matters so that the enforced tax compliance strategy will be effective. Reciprocally, in the voluntary tax compliance strategies, the government, particularly tax officers, must exhibit a high level of competency in the implementation of this policy in order to foster public trust, which will subsequently lead to automatic compliance with tax payments. Hence, the concept of intelligent governance is appropriate for both approaches as it promotes efficiency, proficiency, and transparency of information in the execution of government activities, include tax payments. This research uses qualitative approaches with phenomenology techniques. Therefore, to strengthen this research, quantitative re-evidence is needed using the SEM PLS MGA method so that the accuracy of the theory can be tested. The findings of this study are anticipated to serve as a benchmark for the advancement of Tax Compliance in MSMEs from the standpoint of the eSSF theory. If examined in relation to the economic development potential of MSMEs, particularly in terms of tax revenue, the findings of this study can serve as a valuable reference for the Directorate General of Taxes in implementing institutional changes towards Smart Governance. These reforms should aim to develop regulations that are pertinent to the revitalization of MSMEs in Malang City. This paper employs a phenomenological analytic approach to thoroughly investigate the comprehension and experiences of individual and corporate MSME taxpayers, in order to provide more comprehensive findings.
Copyright (c) 2024 Hendi Subandi, Virginia Nur Rahmanti, Muhammad Reyhanmulky (Author) https://creativecommons.org/licenses/by-sa/4.0
Exploring the Dimensions of Heptagon Fraud in Financial Reporting Practices
Financial reporting fraud remains a pervasive issue in corporate governance, challenging the integrity and transparency of financial statements. The existing models, while robust, may lack certain socio-cultural dimensions that influence unethical behaviors in financial reporting. This study aims to explore and expand the Heptagon Fraud Model by introducing religiosity as a new dimension, thereby offering a more holistic view of the factors influencing fraudulent practices. Using a survey research method, data were collected from 165 employees of public companies in Indonesia. The findings indicate that religiosity plays a significant role in moderating fraudulent behaviors, alongside the traditional dimensions of fraud. Furthermore, the study confirms that the integration of religiosity into the Heptagon model enhances its explanatory power and applicability in diverse cultural contexts. This research contributes to the existing body of knowledge by highlighting the importance of socio-cultural factors in fraud prevention and providing insights for policymakers and practitioners to develop more effective anti-fraud strategies. The incorporation of religiosity into the Heptagon model offers a novel approach that could be instrumental in strengthening the ethical framework within financial reporting practices.
Copyright (c) 2024 Noval Adib, Rizky Aditya Nugraha (Author) https://creativecommons.org/licenses/by-sa/4.0
The Influence of Tax Payment Disclosure in GRI-Based Sustainability Reports on Tax Avoidance: A Cross-Country Analysis of Indonesia and Singapore
This study aims to analyze the impact of tax disclosure in GRI-based sustainability reporting on tax avoidance in companies listed on the stock exchanges of Indonesia and Singapore during the period 2014-2023. Utilizing panel data and a fixed effects model, this study explores the relationship between tax payment disclosure in sustainability reporting, company size, gross fixed assets, profitability, leverage, development level, CSR Mandatoriness, and the market-to-book ratio with the level of tax avoidance. The sample is categorized into three groups: the first group examines how tax disclosure in GRI-based sustainability reporting affected tax avoidance in different countries, the second group examines how nation's development level influences tax avoidance, while the third group investigates the impact of mandatory sustainability reporting on tax avoidance, offering a more limpid insight into the effects of sustainability reporting. The research uncovers distinct differences in tax avoidance strategies between developed and developing countries, emphasizing significant behavioral discrepancies linked to varying levels of development and CSR mandatoriness enforcement. The multiple regression analysis indicates that tax disclosure in GRI-based sustainability reporting negatively related to tax avoidance in developing countries. Furthermore, the test result also shows the positive relationship between CSR mandatoriness and development levels with tax avoidance in Indonesia and Singapore. This study offers practical insights for designing ethical and effective tax strategies, taking the contrasting tax practices between developed and developing nations and the influence of mandatory reporting into account.
Copyright (c) 2024 Agus Arianto Toly, Cloviz Noza Onggara, Samuel Kristian (Author) https://creativecommons.org/licenses/by-sa/4.0
Obstacles and Strategies for Implementing Risk Management in Indonesian Local Government
Currently, risk management in local governments in Indonesia is developing. Each part of the organization has its own risks. To manage risk, risk management is carried out. The demand to realize good governance in a bureaucratic environment increasingly strengthens the urgency of implementing risk management in government agencies. Therefore, this study aims to identify obstacles and strategies for implementing risk management in local governments in Indonesia based on a literature review. This study uses a literature study approach with descriptive analysis. The data sources used are articles and research journals that are relevant to identifying obstacles and strategies for implementing risk management in local governments in Indonesia. Research articles are taken from ScienceDirect and Google Scholar from both national and international databases. Although almost all local governments in Indonesia regulate regulations on Risk Management Guidelines, where risk management is expected to be understood and implemented by all regional devices/work units in the local government environment, there are many obstacles faced. The results show that the obstacles faced include a lack of understanding and awareness of risk management; limited resources; misalignment of regulations and policies; inadequate data; resistance to change; and lack of support from leaders. Meanwhile, strategies to overcome these obstacles include the need for training and education and building a risk management culture; adequate allocation of resources; harmonization of regulations and policies; data optimization; cultural development; and increased support from leaders.
Copyright (c) 2024 Gugus Irianto, Mirna Amirya (Author) https://creativecommons.org/licenses/by-sa/4.0
Good performance can help companies achieve their goals of making a profit and providing welfare for shareholders. Stock returns are one indication of a company's market performance (value of the firm), which can increase investment from investors. In addition to analyzing financial performance and market performance, shareholders can also analyze non-financial information to increase investor interest. One of the financial information is ESG (Environment Social and Governance) which was then followed up by the IDX by launching IDX ESG Leaders in 2020, through ESG Risk. The better the company's environmental and social performance, the lower the ESG risk. This study aims to assess company performance and its relationship to ESG Risk, in line with the Indonesian government's determination to reduce carbon emissions to zero percent by 2050. This is an agreement with countries in the world in the Kyoto Protocol. Various efforts by the Indonesian government to meet these demands, through ESG Disclosure, carbon tax and Economic Value of Carbon.
Copyright (c) 2024 Erwin Saraswati, Agustin Aulia (Author) https://creativecommons.org/licenses/by-sa/4.0
Governance in Addressing Sustainability Risks: Implications for Banking Performance in ASEAN
This study examines the impact of Governance and Sustainability Risks on Bank Performance among ASEAN banks from 2018 to 2022. Using path analysis and Slack Resources Theory, the research explores both direct and indirect effects of these variables. The study uses purposive sampling, with a sample size of 70 banks. The findings reveal that Governance does not have a direct significant impact on Bank Performance, suggesting that governance structures alone may not be sufficient to enhance performance. In contrast, Sustainability Risks show a significant positive effect on Bank Performance, highlighting the importance of managing sustainability-related risks to improve performance outcomes. Furthermore, the analysis indicates a full mediation effect when combining Governance and Sustainable Finance in influencing Bank Performance, demonstrating that effective governance must integrate sustainable financial practices to translate into better performance. The originality of this research lies in its application of Slack Resources Theory within the context of ASEAN banking, offering new insights into how governance and sustainability factors jointly influence performance. This study contributes to the literature by emphasizing the critical role of sustainable finance in mediating governance impacts on bank performance, providing practical implications for policymakers and bank managers aiming to align governance strategies with sustainability to enhance performance.
Copyright (c) 2024 Firmansyah Arifin, Sulastri, Marlina Widiyanti, Isni Andriana (Author) https://creativecommons.org/licenses/by-sa/4.0
SWOT Analysis to Encourage Entrepreneurial Innovation in Building a Sustainable Economy
This study aims to analyze entrepreneurial innovation in building a sustainable economy in the Hampers business in Mataram City. The method in this study uses a qualitative approach. Data collection techniques were carried out through interviews, direct documentation and continued with the distribution of questionnaires to hampers business actors Bloomy.bloo, Gift_Thetic, Buket_Lombok / Mitha Florist, The Floral Waves, Galleryartistik, and Kamihandycraft. Data analysis techniques are carried out by reducing data, presenting data, concluding and verifying data with SWOT analysis. Sustainable economy can be interpreted as an economic activity that focuses on common welfare that can contribute positively and benefit producers and consumers, and not only pay attention to economic growth. Business actors must be able to pay attention to sustainable development economic activities by considering social, economic and environmental aspects. SWOT analysis is an effective strategic tool in encouraging entrepreneurial innovation for a sustainable economy. This approach enables the creation of business models that are adaptive to market changes, support long-term economic growth, and contribute to sustainable development. The entrepreneurial innovation strategy results in a SWOT matrix strategy, namely by identifying strengths, weaknesses, opportunities, and threats, businesses can develop innovative strategies that are not only economically profitable, but also pay attention to social and environmental aspects.
Copyright (c) 2024 Nengah Sukendri (Author) https://creativecommons.org/licenses/by-sa/4.0
The Influence of ESG on Price to Book Value
Objective; to analyze the influence of Environmental, Social, and Governance (ESG) on Price to Book Value (PBV). Method; using multiple linear regression to test the partial and simultaneous influence of these variables on PBV. Research results; Show that partially, the Environmental Pillar Score, Social Pillar Score, Governance Pillar Score, and ESG Combination Score have a significant positive influence on PBV. The results of the simultaneous analysis also show that the Environmental Pillar Score, Social Pillar Score, Governance Pillar Score, and ESG Combination Score together have a positive effect on PBV. Implications; research results on the importance of implementing ESG practices in increasing company value for the investors. The research results can be a reference for policymakers and practitioners in designing and implementing sustainable strategies that can increase company value. Limitations; the data used is limited to the 2013-2023 period and the ASEAN region, so the results may not be generalizable to a wider context. This research does not consider the possibility of mediating or moderating variables that could influence the relationship between ESG and PBV. This research does not take into account other external factors such as macroeconomic conditions which can influence a company's financial performance. Further research is recommended to overcome these limitations by expanding the data coverage, using more complex analysis methods, and considering other external factors.
Copyright (c) 2024 Tokit Masditok, Tri Gunarsih, Ira Geraldina, Ake Wihadanto (Author) https://creativecommons.org/licenses/by-sa/4.0
The Effect of Corporate Social Responsibility Disclosure on Conditional Accounting Conservatism: The Moderating Role of Family Ownership
This study analyzes the impact of corporate social responsibility (CSR) disclosure on conditional accounting conservatism, with family ownership as a moderating variable. Conditional accounting conservatism encourages faster recognition of losses than gains, which is relevant in uncertain economic environments. Using data from energy sector companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022, this research assesses the effect of CSR disclosure quantity and quality on the degree of accounting conservatism, along with the interaction effect of CSR disclosure and family ownership. The analysis results indicate that family ownership significantly reinforces the negative impact of CSR disclosure on conditional accounting conservatism. Additionally, profitability is positively correlated with conservatism, indicating that more profitable companies tend to maintain a higher level of conservatism. This study contributes to accounting literature by expanding the understanding of the determinants of conditional accounting conservatism in the context of family-owned structures common in Indonesia. These findings highlight the importance of ownership structure and CSR transparency in shaping accounting conservatism policies in firms. Furthermore, these results are relevant for regulators and practitioners in developing policies that consider company ownership structures and CSR approaches to minimize moral hazard and conflicts of interest between shareholders and management.
corporate social responsibility disclosure
Copyright (c) 2024 Sari Atmini, Laila Fitriyah LH (Author) https://creativecommons.org/licenses/by-sa/4.0
The Role of Participation in Community-Based Tourism: Building Sustainable Tourism from the Ground Up
One of the objective village tours with the Community-Based Tourism (CBT) approach has role importance in Lots of aspects, but Not yet all village tours obtain success. One of theessential factors expecting has contributed to the success of CBT Research is participation. This study aims to analyze participation contributing to the success of CBT by comparing four village tour education in the region. The sample in the study was part of the managers and community of the educational tourism villages of Katongan, Nglanggeran, Candirejo, and Tepus, totaling 77 samples. The analysis method used is Structural Equation Modelling-Partial Least Square (SEM-PLS) for identifying factors that determine success directly and also indirectly. The study findings that participation has a critical role of the success of CBT management in the Kab. Gunung Kidul. Moreover, ownership local, leadership and management, cooperation and support outside, excellence, and awards have influenced. Research finds there is a connection less than optimal on the source power humans in the area. Regeneration less than optimal management creates obstacles in innovation, lack of togetherness in responsibility, limitations in the ability of members to distribute source power, and distribution of benefits between members who have the ability in their field.
Copyright (c) 2024 Dini Yuniarti, Nur Andriyani, Herlin Astuti, Fajar Agung Triatmojo, Indah Shofiyah, Amir Hidayatullaha (Author) https://creativecommons.org/licenses/by-sa/4.0
The Impact of Behavioral Bias on Stock Investment Performance: Evidence from Generation Z Students at University of Brawijaya
This study examines the influence of behavioral bias on the investment performance of Gen-Z students in the Indonesian stock market. Employing Structural Equation Modeling (SEM-PLS) with online survey data from 79 students at the Faculty of Economics and Business, University of Brawijaya, we uncover a significant positive relationship between behavioral bias represented by overconfidence and investment performance. Despite this, our findings suggest that Gen-Z investors exhibit irrational tendencies: their high behavioural bias manifests in prioritizing emotional and psychological factors, leading them to engage in riskier behaviors with uncertain outcomes. These findings highlight the crucial role of financial education institutions in nurturing rational and productive investment decision-making. By equipping students with comprehensive financial knowledge and cultivating mature calculation skills, these institutions can empower Gen-Z investors to navigate the market with greater awareness and minimize potential future financial drawbacks.
Copyright (c) 2024 Risna Wijayanti, Himmiyatul Amanah Jiwa Juwita (Author) https://creativecommons.org/licenses/by-sa/4.0
The Influence of Organic Certification, Education Level, and Age on Increasing the Income of Sustainable Agriculture-Based Entrepreneurs
Organic products are economically promising, as shown by retail sales that increased by 30 percent in several countries during the Covid-19 pandemic, exhibiting the expansion of organic agricultural land in many countries and supporting the Sustainable Development Goals (SDGs) that support environmental safety and increased employment in the organic food industry business. In this case, organic certification is necessary. This paper highlights the importance of organic certification to boost income for entrepreneurs engaged in sustainable agriculture. Research conducted on the Vigur O Women’s Organic-Farming Association (KWT) in Malang, Indonesia, revealed several key findings: organic certification positively impacts income, age serves as an indicator of experience running the business, and education level does not show any influence income, especially for individuals with a relatively high level of education consider organic farming as a supplementary source of income. The analysis done using Smart-PLS (Partial Least Square) described that organic certification and age significantly correlate with increased income. Organic certification reflects respondents’ perception of usefulness for business, while reflects entrepreneurial experience. Notably, formal education does not affect the income of Vigur O KWT. Through in-depth interviews, for respondents who have higher education, organic farming is not the main source of livelihood.
Copyright (c) 2024 Sri Muljaningsih (Author) https://creativecommons.org/licenses/by-sa/4.0
The Mediating Role Of Organizational Commitment And The Moderating Role Of Spiritual Intelligence On The Effect Of Job Satisfaction On Organizational Citizenship Behavior
This study aims to analyze the mediating role of organizational commitment and the moderating role of spiritual intelligence in the effect of job satisfaction on organizational citizenship behavior. This study was conducted on employees of a medical device manufacturing company in Indonesia. In the study, information was collected from 254 employees out of a total of 302 employees using a questionnaire. The data collection method used a questionnaire. Respondents' answers were measured on a 5-point Likert scale. The type of research was explanatory. Validity and reliability tests were used in the research instrument test, PLS (Partial Least Square) statistical techniques and WarpPLS software were used in the data processing method. Inferential statistical analysis is used to test hypotheses and create workable models. Model estimation in PLS analysis is done in two (2) ways, namely with the measurement model (outer model) and structural model (Inner model). The results of this study indicate that the results of job satisfaction have a significant positive effect on organizational citizenship behavior and organizational commitment, and organizational commitment has a significant positive direct effect on organizational citizenship behavior. this study’s indirect effect test shows that organizational commitment mediates job satisfaction on organizational citizenship behavior, and spiritual quotient moderates by strengthening the effect of job satisfaction on organizational citizenship behavior. implications in this study is that the research framework model uses the spiritual quotient variable as a moderating variable, and the results show that spiritual quotient strengthens the relationship between job satisfaction variables and OCB This research was conducted in only one company, namely a medical device manufacturer in Indonesia.
Copyright (c) 2024 Noermijati, Ema Zahra Firdaus, M Abdi Dzil Ikhram, Sulastri, Daniyatul Farhiya (Author) https://creativecommons.org/licenses/by-sa/4.0
How Is The Response To Impulsive Buying On Generation Z Due To Flash Sale, Social Media, and E-Wom?
This study aims to investigate the influence of flash sales and social media on impulsive buying behavior among users of GrabFood food delivery services, with electronic word of mouth as a mediating factor. This research adopts a quantitative approach to explore the relationships between variables and elucidate the causal effects of the studied social phenomena. Data were collected from 150 respondents using a non-probability sampling technique. The study focuses on respondents aged above 17 years, belonging to the Generation Z. The research employs the partial least squares method, incorporating inner and outer model assessments. Hypotheses are tested using SmartPLS, examining the results through inner and outer model t-tests. The findings indicate that (1) flash sales and (2) social media significantly and positively influence electronic word of mouth, (3) flash sales have a significant positive impact, while (4) social media has a positive but nonsignificant impact on impulsive buying, (5) electronic word of mouth significantly influences impulsive buying, and (6) both flash sales and (7) social media can mediate indirect effects on impulsive buying behavior.
Copyright (c) 2024 Moh Erfan Arif, Ni Komang Gita Saraswati (Author) https://creativecommons.org/licenses/by-sa/4.0
Implementing Green Economy Concepts in Rural Villages to Foster Sustainable Development
A Green Economy is one that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities. It is a low-carbon, resource-efficient, and socially inclusive economy. This research paper explores the implementation of Green Economy concepts in various aspects of rural village communities, including the agrarian sector, small businesses, tourism sector, disaster mitigation, and building independent villages. The paper also examines the utilization of alternative materials in promoting a circular economy. Through this research, we aim to evaluate the feasibility of implementing Green Economy strategies in rural villages and to identify the role of stakeholders in supporting these initiatives.
Copyright (c) 2024 Moeljadi, Risna Wijayanti, Mochammad Fahlevi (Author) https://creativecommons.org/licenses/by-sa/4.0
The Impact of War on Libyan Economic Growth A Descriptive Analytical Study for the Period (2001-2020)
The 2011 war and subsequent political upheaval led to a significant economic downturn, resulting in a more than 50% decline in GDP during the conflict's first year. This research aims to comprehend the war's impact on Libya's economic growth. Employing a descriptive methodology, it involves analyzing officially published data from regional and international organizations. The study's primary focus is Libya, examining data from both the pre-war period (2001-2010) and the post-war period (2011-2020). The findings underscore the adverse effects of the conflict on Libya's economy, particularly in terms of foreign direct investment and inflation. Further research and policy measures are needed to address the economic challenges and promote sustainable growth and development in post-war Libya.
Copyright (c) 2024 Ismail Bashir Abushaala Abushoufa, Munawar, Dwi Budi Santoso, David Kaluge (Author) https://creativecommons.org/licenses/by-sa/4.0
How Can Gross Enrollment Ratio, Life Expectancy, and Labor Force Participation Rate Affect Regional Gross Domestic Product? (Case Study in Bojonegoro Regency 2010-2021)
Increasing economic growth is the main goal in regional development, including Bojonegoro Regency. However, according to BPS East Java Province, Bojonegoro Regency recorded that in 2020 and 2021 it experienced a decline in economic growth, namely around -0.04% and 5.04%. In fact, in 2021 Bojonegoro Regency will be the region with the lowest economic growth in East Java. Economic growth is influenced by many factors, some of which are education factors, health factors, and labor factors. Therefore, this research was conducted with the aim of finding out the influence of the Gross Enrollment Ratio, Life Expectancy Rate, and Number of Labor Force on Gross Regional Domestic Product in Bojonegoro Regency in 2010-2021 with inflation control. This research uses quantitative methods with Multiple Linear Regression Analysis. The sampling technique used in this research is a saturated sampling technique or total sampling.
Copyright (c) 2024 Faishal Fadli, Vietha Devia SS (Author) https://creativecommons.org/licenses/by-sa/4.0
Interplay of Forces: Macro-Economic Drivers and the Robustness of Stock Returns in the Face of Political and Economic Shocks
This study investigates the dynamics of political and economic shocks on the Indonesian stock market, analyzing data spanning from 2010 to 2023. The research reveals that political shocks exert a statistically significant positive impact on stock returns, indicating that, over time, investors perceive political upheaval as an opportunity for increased stock prices. Macroeconomic indicators, including foreign exchange rates, interest rates, inflation, and economic growth, act as crucial moderators, shaping the nuanced relationship between shocks and stock market outcomes. The analysis suggests variations in moderating effects across investor groups, necessitating further exploration. Comparative insights from related studies, such as the resilience observed in Islamic stock indices during crises, contribute to a comprehensive understanding. This research provides valuable insights for policymakers and investors navigating the complexities of the Indonesian stock market.
Copyright (c) 2024 David Kaluge (Author) https://creativecommons.org/licenses/by-sa/4.0
Implementation of An Islamic Perspective of Corporate Risk Management Practices
Daily basis, both individuals and businesses face risks. This study investigates and examines the perception of situations that underlie the emergence of risk and risk prevention practices. Muslim Entrepreneurs of Paham Qur'an (PQ) Indonesia Group served as the setting for this investigation. The data was analyzed by using phenomenology. The result showed that informants perceive risk along a continuum that tends to perceive positive aspects of self-grooming. Thus, it manages the risks that arise by exerting maximum effort to resolve problems and devoting the outcomes to Allah. The situations that can lead to the emergence of risks can be categorized into three categories: (1) spiritual and moral considerations, (2) product and service quality considerations, and (3) resource utilization considerations. In these conditions, Muslim Entrepreneurs of PQ Indonesia Group used three keys of a risk prevention practices: (1) implementing Qur'anic management, (2) building a silaturahim/networking, and (3) effectively and efficiently utilizing resources through employee involvement.
Copyright (c) 2024 Nur Khusniyah Indrawati, Ubud Salim (Author) https://creativecommons.org/licenses/by-sa/4.0
Effect of Corporate Sustainability Policy on ESG Performance of Agri-Food Companies in Taiwan
The Financial Supervisory Commission (FSC) in Taiwan enforced an ESG policy in 2018, requiring listed companies to disclose sustainability reports. Using the Taiwan Economic Journal (TEJ) database and a DiD model, this study examines how the ESG performance of these companies changed due to the sustainability reporting policy. Results show improved ESG performance, attributed to organizational behaviors of legal compliance and imitation. The study suggests the need for ESG policies to focus not just on increasing sustainability reports but also on incorporating robust disclosure indicators for high-quality reports.
Copyright (c) 2024 Yu-Jie Zhao, Jiun-Hao Wang, Szu-Yung Wang (Author) https://creativecommons.org/licenses/by-sa/4.0