Journal of Applied Accounting and Sustainable Finance
type: channel
description: Journal of Applied Accounting and Sustainable Finance is a peer-reviewed academic journal that publishes high-quality research in the fields of accounting, finance, and sustainability. The journal focuses on the application of accounting and financial principles to support sustainable business practices, corporate responsibility, environmental, social, and governance (ESG) reporting, as well as ethical financial decision-making. It welcomes original research articles, conceptual papers, case studies, and literature reviews that contribute to the development of applied accounting and sustainable finance, particularly in emerging and developing markets. The journal is published three times a year—in April, August, and December. Topics covered include but are not limited to: Sustainable financial reporting and assurance Integrated reporting and ESG disclosure Green finance and responsible investment Corporate governance and accountability Management accounting for sustainability Financial performance and sustainability alignment Ethical accounting practices and regulatory frameworks For more information, submissions, or inquiries, please visit our website or contact us. Journal Title : Journal of Applied Accounting and Sustainable Finance Initials : AASF Frequency : April, August, and December E-ISSN : 3090-6326 Chief Editor : Dr. Yusuf Faisal DOI Prefix : 10.65440 Publisher : Yayasan Az Zukhruf Cendikia Whatsapp Me : +62 856 11 17124 Accreditation : Non Sinta INDEXED : SPONSORS AND PARTNERS :
publisher: Yayasan Az Zukhruf Cendikia
language: en
publication name: Journal of Applied Accounting and Sustainable Finance
issn: 3090-6326
items: The Effect of Environmental Costs and Carbon Accounting on Profitability with Corporate Social Responsibility as a Moderating Variable in the Property and Real Estate Sector on IDX
items: Financial Strategy, Sustainability Issues, and Firm Value: Empirical Evidence from the Consumer Non-Cyclical Sector
items: The Effect of Capital Structure and Institutional Ownership on Firm Value with Profitability as a Moderating Variable: Evidence from the Indonesia Financial Sector
items: Green Intellectual Disclosure, Cash Holding, and Foreign Ownership on Financial Performance: The Moderating Role of Good Corporate Governance in Indonesia
items: Driving Financial Performance in Islamic Banking: Ethical Governance, Social Responsibility, and the Power of Intellectual Capital
items: The Influence Of Green Accounting And Profitability On Sustainable Development Goals With Environmental Performance As A Moderating Variable
items: Financial Determinants of Property & Real Estate Firm Value: Evidence From The Indonesian Post-Pandemic Recovery
items: Predicting Financial Distress in Infrastructure Companies Using Cash Ratios, Asset Profitability, and Managerial Agency Costs
items: Determinants of Return on Assets in Sharia Commercial Banks: The Moderating Role of Non-Performing Financing
items: The Effect of Environmental Performance and CEO Gender on Carbon Emission Disclosure with Leverage as a Moderating Variable
items: Determinants Of Financial Distress: The Role Of Receivable Turnover, Audit Committee Size, Operating Capacity, And Real Interest Rate In The Indonesian Industrial Sector
items: The Effectiveness of Accounting Information Systems, Intellectual Capital, and Financial Distress on Financial Performance with Profitability as a Moderation Variable
items: The Effect of Cash Holding and Leverage on Profit Quality with Company Size as a Moderation Variable
items: The Effect of Corporate Social Responsibility Disclosure, Good Corporate Governance, and Intellectual Capital on Company Financial Performance with Company Size as a Moderating Variable
items: The Effect of Environmental Performance, Intellectual Capital, Institutional Ownership on Corporate Profitability with Corporate Social Responsibility as a Moderating Variable
items: Effectiveness of Managerial Ownership in Moderating the Impact of Green Accounting and Green Intellectual Capital on Financial Performance
items: The Effect Of Green Accounting, Corporate Social Responsibility, Profitability And Investment Decisions On Firm Value
items: The Influence Of Sustainability Report Disclosure, Firm Size, And Green Accounting On Return on Assets Of Companies In Basic Materials Sector In 2020-2024
items: Emission Transparency and Funding Strategy: Implications for Firm Value
items: Determinants of Firm Value: Evidence from Carbon Emission Disclosure, Green Innovation, and Cash Holding
items: Influence of Awareness, regulation understanding, and Sanctions on PKB compliance Bekasi
items: The Effect of Information Asymmetry, Systematic Risk and Investment Opportunity (IOS) on Profit Quality in Food & Beverage
items: The Effect of Liquidity, Profitability, and Solvency on Stock Prices in LQ-45 Companies Listed on The Indonesia Stock Exchange (IDX) For The Period 2020-2022
items: The Influence of Media Exposure, Slack Resources, Public Ownership and Profitability on Corporate Social Responsibility Disclosure
items: Strategic Governance and Financing: Keys to Firm Value in Food and Beverage Companies
items: Predictive Analysis of VAT Revenue in 2025: The Effect of Macroeconomic Factors on VAT Revenue
items: The Effect of Cultural Factors, Price, and Promotion on Purchasing Decisions
items: The Influence of Social Media Marketing, Service Quality, and Ease of Transactionson Purchase Decisions
items: The Effect of Compensation, Training, and Work Discipline on Employee Performance
items: The Effect of Service Quality, Tax Sanctions, and Modernization of the Tax Administration System on Taxpayer Compliance

The Effect of Environmental Costs and Carbon Accounting on Profitability with Corporate Social Responsibility as a Moderating Variable in the Property and Real Estate Sector on IDX
type: item
description: Purpose – This study aims analyze and identify the influence of environmental cost and carbon accounting on profitability with corporate social responsibility as a Moderating Variable. Design/methodology/approach – This study uses secondary data. The data were collected from companies operating in the financial and listed on the Indonesia Stock Exchange (IDX), with a total of 34 research samples for the period 2022-2024. The hypotheses were tested using a panel data regression model with the assistance of EViews. The research design employs a non-probability sampling method. Findings – The results of this study indicate that environmental costs do not have a significant effect on profitability. Carbon accounting has a significant effect on profitability, and Corporate Social Responsibility also has a significant effect on profitability. Furthermore, Corporate Social Responsibility the effect of environmental costs on profitability, whereas Corporate Social Responsibility strengthens the effect of carbon accounting on profitability. Research limitations/implications – This study focuses on profitability and represents a novel contribution by examining the relationship between environmental cost, carbon accounting, profitability, and corporate social responsibility in property and real estate companies listed on the Indonesia Stock Exchange (IDX) during the period 2022–2024. JEL : M14, M41, Q56
subject: Articles
  topic: section
subject: Environmental Cost
  topic: keywords
subject: Carbon Accounting
  topic: keywords
subject: Profitability
  topic: keywords
subject: Corporate Social Responsibility
  topic: keywords
creator: Junainah Jaidi
creator: Shelfy Ananda Rahmatika
creator: Adhista Divanti
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 208
ending page: 226
doi: 10.65440/aasf.v2i2.232

Financial Strategy, Sustainability Issues, and Firm Value: Empirical Evidence from the Consumer Non-Cyclical Sector
type: item
description: Purpose – This study aims to obtain empirical evidence on the Influence of Environmental Disclosure, Hedging Policy and Capital Structure on Firm Value with Profitability as a Moderation Variable. Design/methodology/approach – This study uses a type of quantitative research. The sample in this study is companies in the Non-Primary Consumer Goods sector listed on the Indonesia Stock Exchange in 2022-2024 as many as 42 companies selected using the purposive sampling method. The analysis technique used to test the hypothesis was panel data regression analysis using the Eviews 9 software. Based on the results of the Chow test, Hausman test, and Lagrange Multiplier test, the most appropriate model to use is the Random Effect Model. Findings – The results of the study show that Environmental Disclosure and Hedging Policy do not have a significant effect on Firm Value, while Capital Structure has a negative and significant effect on Firm Value. Profitability has a positive and significant effect on Firm Value. Profitability does not reinforce the influence of Environtmental Disclosure on Firm Value. Then, Profitability strengthens the influence of Hedging Policy and Capital Structure on Firm Value. Research limitations/implications – The results of this study provide important implications for company management and regulators in evaluating the effectiveness of sustainability disclosure policies in the Indonesian capital market. The first limitation of this research is the type of data used in this study, namely secondary data obtained from the annual report published by the company. However, the data obtained is incomplete because many of the companies do not upload regularly every year. Furthermore, the content of the formula is incomplete or confusing, some numbers are not stated in the financial statements. Furthermore, this study has limitations in the sample from 166 to 42 samples, as for the rest due to incomplete financial statement data and many have suffered loss…
subject: Articles
  topic: section
subject: Capital Structure
  topic: keywords
subject: Profitability
  topic: keywords
subject: Firm Value
  topic: keywords
subject: o Environmentalist Disclosure
  topic: keywords
subject: o Hedging Policy
  topic: keywords
creator: Reni Suwandi Ade Puspita
creator: Florence Nightingale
creator: Septian Afoan Gunawan
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 227
ending page: 245
doi: 10.65440/aasf.v2i2.231

The Effect of Capital Structure and Institutional Ownership on Firm Value with Profitability as a Moderating Variable: Evidence from the Indonesia Financial Sector
type: item
description: Purpose – This study aims to analyze the relationship between capital structure and institutional ownership on firm value with profitability as a moderating variable. Design/methodology/approach – This study uses secondary data. The data collected are from companies engaged in the financial sector listed on the Indonesian Stock Exchange (IDX) with 70 research samples during 2022 – 2024. The author tested the hypothesis using a panel data regression model with some application namely EViews9. The research design is non-probability sampling. Findings – This study shows that capital structure has a significant effect on firm value (p = 0.0064 < 0.05), institutional ownership (p = 0.2758 > 0.05) and profitability (p = 0.32125 > 0.05) have no effect. Profitability was found to weaken the relationship between capital structure and firm value; profitability weakens the relationship between institutional ownership and firm value. These findings imply that managers in the financial sector should prioritize capital structure management to enhance firm value, as profitability and institutional ownership did not show significant impact during this period. Investors are advised to be more selective by focusing on debt ratios as a primary indicator for firm valuation in the Indonesia capital market. Research limitations/implications – The limitation of this study that all variables were measured using samples, making it difficult to obtain data. Another limitation was found in the meta-analysis section, where the required data (journals, books, etc.) are difficult to find. Another limitation was the difficulty in determining the criteria for samples to be used in this study. It is difficult to find annual reports for the specified years, namely 2022 – 2024. It is difficult to carry out the sample selection procedure in the population. JEL : G30, G32, M21, C23
subject: Articles
  topic: section
subject: Capital Structure
  topic: keywords
subject: Institutional Ownership
  topic: keywords
subject: Profitability
  topic: keywords
subject: Firm Value
  topic: keywords
creator: Gita Christy
creator: Renata Anastasya Simamora
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 246
ending page: 260
doi: 10.65440/aasf.v2i2.230

Green Intellectual Disclosure, Cash Holding, and Foreign Ownership on Financial Performance: The Moderating Role of Good Corporate Governance in Indonesia
type: item
description: Purpose – This study investigates the impact of Green Intellectual Disclosure, Cash Holding, and Foreign Ownership on Financial Performance, with Good Corporate Governance (GCG) as a moderating variable in Indonesia’s post-pandemic financial sector. The study responds to the limited empirical evidence on whether sustainability disclosure and governance mechanisms have translated into financial value creation following the implementation of Sustainable Finance regulations. Design/methodology/approach – A quantitative research design was employed using secondary data from financial sector companies listed on the Indonesia Stock Exchange during 2022–2024. Through purposive sampling, 70 firms were selected. Panel data regression analysis with a Fixed Effect Model (FEM) was applied to capture firm-specific heterogeneity. The estimation was conducted using EViews9 software, which remains fully compatible with panel datasets and does not affect estimation accuracy. Findings – The results reveal that Green Intellectual Disclosure and Cash Holding have negative but insignificant effects on Financial Performance. Conversely, Foreign Ownership demonstrates a positive and statistically significant influence. Moderation testing shows that GCG strengthens the relationship between Foreign Ownership and Financial Performance but fails to moderate the effects of Green Intellectual Disclosure and Cash Holding. Research limitations/implications – The findings indicate that sustainability disclosure practices within Indonesia’s financial sector remain largely compliance-oriented and have not yet generated measurable financial benefits. This suggests that ESG transparency may still function symbolically rather than strategically in enhancing firm value. The study provides policy insights for regulators, particularly the Financial Services Authority (OJK), to strengthen the quality, assurance, and audit standards of sustainability reporting under POJK No. 51/2017 to ensure that green dis…
subject: Articles
  topic: section
subject: Green Intellectual Disclosure
  topic: keywords
subject: Cash Holding
  topic: keywords
subject: Foreign ownership
  topic: keywords
subject: Financial Performance
  topic: keywords
subject: Good Corporate Governance
  topic: keywords
creator: Siti Fatmawati
creator: Avilya Baysta Bheda Wea
creator: Sisilia Rachel Ari Putri
creator: Valentina Agnes Stevani
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 261
ending page: 284
doi: 10.65440/aasf.v2i2.228

Driving Financial Performance in Islamic Banking: Ethical Governance, Social Responsibility, and the Power of Intellectual Capital
type: item
description: Purpose – This study aims to examine the effect of Islamic Corporate Governance (ICG), Islamic Corporate Social Responsibility (ICSR), and Corporate Zakat on the financial performance of Islamic Commercial Banks (ICBs) in Indonesia, as well as to investigate the moderating role of Intellectual Capital. Design/methodology/approach – This study employs a quantitative approach using secondary data obtained from the financial statements and annual reports of Islamic Commercial Banks (ICBs) in Indonesia over the period 2022–2024. The data are analyzed using EViews version 9. Findings – The results indicate that Islamic Corporate Governance (ICG) and Islamic Corporate Social Responsibility (ICSR) do not have a significant direct effect on financial performance. In contrast, Corporate Zakat and Intellectual Capital have a significant positive effect on financial performance. Furthermore, Intellectual Capital is empirically proven to act as a significant moderating variable (quasi-moderator) that strengthens the relationship between Islamic Corporate Governance (ICG), Islamic Corporate Social Responsibility (ICSR), and Corporate Zakat with financial performance. These findings suggest that the contribution of ICG and ICSR to financial performance becomes more meaningful when supported by effective management of Intellectual Capital. Research limitations/implications – This study is limited to Islamic Commercial Banks (ICBs) in Indonesia during the 2022–2024 period. Future research is encouraged to extend the observation period, increase the sample size, and incorporate additional variables to provide a more comprehensive understanding of the determinants of financial performance in Islamic Commercial Banks. JEL : G21, G34, M14, Z12, O34.
subject: Articles
  topic: section
subject: Islamic Corporate Governance
  topic: keywords
subject: Islamic Corporate Social Responsibility
  topic: keywords
subject: Corporate Zakat
  topic: keywords
subject: Intellectual capital
  topic: keywords
subject: Financial Performance
  topic: keywords
creator: Aminatuzzuhriyeh Aminatuzzuhriyeh
creator: Dhau'us Sirojuddin
creator: Egi Gumala Sari
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 96
ending page: 126
doi: 10.65440/aasf.v2i2.223

The Influence Of Green Accounting And Profitability On Sustainable Development Goals With Environmental Performance As A Moderating Variable
type: item
description: Purpose – This study aims to examine and analyze the relationship between Green Accounting and Profitability on Sustainable Development Goals with Environmental Performance as a moderating variable. Design/methodology/approach – This study uses quantitative data, with a sample of raw material companies listed on the Indonesia Stock Exchange (IDX) for the period 2022-2024. The analysis technique used to test the hypothesis is multiple regression analysis using e-views 9 software. Findings – The results of this study show that in the Green Accounting variable has a positive and statistically insignificant effect on Sustainable Development Goals, Profitability has a negative and statistically insignificant effect on Sustainable Development Goals, and Environmental Performance has a positive and statistically insignificant effect on Sustainable Development Goals. Environmental Performance can strengthen the influence of Green Accounting on Sustainable Development Goals, but Environmental Performance cannot strengthen the influence of Profitability on Sustainable Development Goals. Research limitations/implications – This study has limitations related to the use of secondary data that depend on the completeness of corporate reports, resulting in a limited sample size. In addition, differences in variable measurement approaches and a relatively short observation period (2022–2024) restrict the ability to capture long-term trends. And future studies are recommended to incorporate additional variables related to SDG achievement, apply alternative measurement approaches, and extend the research scope to industries beyond the raw materials sector, such as financial services, infrastructure, and technology and telecommunications. JEL : M41, Q01, Q56
subject: Articles
  topic: section
subject: Green Accounting
  topic: keywords
subject: Profitability
  topic: keywords
subject: Environmental Performance
  topic: keywords
subject: Sustainable Development Goals
  topic: keywords
creator: Muhammad Dzaki
creator: Anike Filia
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 285
ending page: 305
doi: 10.65440/aasf.v2i2.212

Financial Determinants of Property & Real Estate Firm Value: Evidence From The Indonesian Post-Pandemic Recovery
type: item
description: Purpose – This study aims to examine the influence of Quick Ratio, Return on Equity, Earnings Per Share, and Investment Decisions on firm value. Design/methodology/approach – This research employs quantitative data from a population of 95 companies in the Property & Real Estate sector listed on the Indonesia Stock Exchange (IDX) during the 2021-2024 period. The research sample consists of 28 companies selected using purposive sampling based on predetermined criteria. Multiple regression analysis to test hypotheses was conducted using E-Views 9 software. Findings – The results of the study indicate that the Quick Ratio has a positive effect on firm value, Return on Equity has a negative effect on firm value, Earnings Per Share has a positive effect on firm value, and Investment Decisions have a positive effect on firm value. The study shows an Adjusted R-Square value of 7.6%, indicating that many factors outside the research variables influence firm value. Furthermore, Return on Equity has a negative effect on firm value because the property and real estate sector is characterized by capital-intensive operations and long business cycles. Research limitations/implications – This study is limited to the 2021–2024 observation period and focuses on property and real estate companies listed on the Indonesia Stock Exchange (IDX). Specifically, it examines the Quick Ratio, Return on Equity, Earnings per Share, and Investment Decisions as determinants of Firm Value. The implications of this research suggest that the findings can serve as a reference for management and investors in assessing and anticipating financial risks during the investment decision-making process. JEL : G31, G32, M41
subject: Articles
  topic: section
subject: Quick Ratio
  topic: keywords
subject: Return On Equity
  topic: keywords
subject: Earning Per Share
  topic: keywords
subject: Investment Decision
  topic: keywords
subject: Firm Value
  topic: keywords
creator: Thamonwan Dankitikul
creator: Elcye Rohma Trinafa Putri
creator: Niken Ayu Eka Safitri
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 186
ending page: 207
doi: 10.65440/aasf.v2i2.203

Predicting Financial Distress in Infrastructure Companies Using Cash Ratios, Asset Profitability, and Managerial Agency Costs
type: item
description: Purpose – This study aims to examine and analyze the relationship between Cash Ratio, Return on Asset, and Managerial Agency Cost on Financial Distress. Design/methodology/approach – This study uses quantitative data. The sample used in this research consists of infrastructure sector companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2024 period, selected using purposive sampling with specific criteria to ensure relevance to the research objectives. The analysis technique employed to test the hypotheses is multiple regression analysis using E-Views 9 software. Findings – The results of this study indicate that the Cash Ratio variable has a positive and statistically significant effect on Financial Distress. This finding suggests that higher cash holdings in infrastructure sector companies during the post-pandemic period (2022–2024) may reflect uncertainty in investment opportunities, which paradoxically increases the risk of distress. The Return on Assets variable has a negative and statistically insignificant effect on Financial Distress, indicating that profitability alone does not provide sufficient protection against financial difficulties in this context. Meanwhile, the Managerial Agency Cost variable has a positive and statistically insignificant effect on Financial Distress, implying that inefficiencies in managerial decision-making may contribute to distress but are not decisive. Research limitations/implications – This research is limited to the 2022–2024 observation period and infrastructure sector companies listed on the Indonesia Stock Exchange (IDX), and examines cash ratio, return on assets, and managerial agency costs as determinants of corporate financial distress. The practical implication of this research is that the findings may serve as a reference for management and investors in assessing and anticipating the risk of financial distress in infrastructure sector companies. JEL: G30, G32, G33
subject: Articles
  topic: section
subject: Cash Ratio
  topic: keywords
subject: Return on Assets
  topic: keywords
subject: Managerial Agency Cost
  topic: keywords
subject: Financial Distress
  topic: keywords
creator: Doris Walukano
creator: Santika Hutasoit
creator: Adam Jordan Nadeak
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 165
ending page: 185
doi: 10.65440/aasf.v2i2.190

Determinants of Return on Assets in Sharia Commercial Banks: The Moderating Role of Non-Performing Financing
type: item
description: Purpose – This study aims to obtain empirical evidence on the influence of the Islamicity Performance Index (proxied by Profit-Sharing Ratio), Intellectual Capital, and Operational Efficiency Ratio on Return on Assets (ROA), with Non-Performing Financing as a moderating variable. This investigation is particularly relevant in the 2022–2024 period, which represents an era of post-pandemic recovery and accelerated spin-offs of Islamic banking units in Indonesia. Design/methodology/approach – This study employs a quantitative research approach using secondary data. The population consists of 14 Sharia Commercial Banks listed by the Financial Services Authority (OJK) in Indonesia during the period 2022–2024. The sample includes 11 Sharia Commercial Banks selected based on purposive sampling criteria, resulting in 33 observations. The analysis technique used to test the hypothesis is multiple regression analysis and moderation interaction regression using EViews 9 software. Findings – The results show that the Islamicity Performance Index has a negative and statistically significant effect on ROA, indicating that profit-sharing-based financing has not yet translated into higher short-term profitability during the spin-off era. Intellectual Capital and Operational Efficiency Ratio exhibit negative but statistically insignificant effects on ROA, suggesting that internal resource optimization remains uneven across Sharia banks. Non-Performing Financing has a negative and statistically insignificant direct effect on ROA; however, it significantly strengthens the relationship between the Islamicity Performance Index and ROA. This finding indicates that financing risk plays a critical role in shaping the effectiveness of Sharia-based financing structures on bank profitability, particularly in periods of structural transformation. Research limitations/implications – This study is limited to Sharia Commercial Banks in Indonesia over the 2022–2024 period and relies solely on seco…
subject: Articles
  topic: section
subject: Islamicity Performance Index
  topic: keywords
subject: Intellectual Capital
  topic: keywords
subject: Operational Efficiency Ratio
  topic: keywords
subject: Return on Assets
  topic: keywords
subject: Non-Performing Financing
  topic: keywords
creator: Aulia Nurriski
creator: Putri Rizkiyah
creator: Afsana Yesmin
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-04-01
publication date: 2026-04-01
starting page: 76
ending page: 95
doi: 10.65440/aasf.v2i1.179

The Effect of Environmental Performance and CEO Gender on Carbon Emission Disclosure with Leverage as a Moderating Variable
type: item
description: Purpose – This study aims to obtain empirical evidence on the influence of environmental performance and CEO gender on carbon emission disclosure, with leverage as a moderating variable. Design/methodology/approach – This study uses quantitative research. The sample in this study consists of 66 companies in the basic materials sector listed on the Indonesia Stock Exchange from 2022 - 2024. The analysis technique used to test the hypothesis is multiple regression analysis using Eviews 9 software. Findings – The results of this study found that Environmental Performance has a negative and statistically insignificant effect on Carbon Emission Disclosure, while CEO Gender has a negative and statistically insignificant effect on Carbon Emission Disclosure, and Leverage has a negative and statistically insignificant effect on Carbon Emission Disclosure. Furthermore, Environmental Performance does not strengthen the effect of Leverage on Carbon Emission Disclosure, while CEO Gender strengthens the effect of Leverage on Carbon Emission Disclosure. Research limitations/implications – This study discusses Carbon Emission Disclosure and other factors such as Environmental Performance, CEO Gender, and Leverage, focusing on the basic materials sector. These results highlight the importance of executive characteristics under financial constraints and imply that voluntary environmental disclosure in Indonesia remains weak without stronger regulatory enforcement. They contribute to the environmental accounting literature by providing empirical evidence on the interaction between financial pressure and top management characteristics. They also offer policy implications for strengthening the mandatory carbon disclosure framework in emission-intensive sectors. JEL : Q56, M14, G34
subject: Articles
  topic: section
subject: Environmental Performance
  topic: keywords
subject: CEO Gender
  topic: keywords
subject: Carbon Emission Disclosure
  topic: keywords
subject: Leverage
  topic: keywords
creator: Nadia Saputri
creator: Muhammad Faisal Hakim
creator: Zahra Valizadeh Dizaj
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-04-01
publication date: 2026-04-01
starting page: 57
ending page: 75
doi: 10.65440/aasf.v2i1.173

Determinants Of Financial Distress: The Role Of Receivable Turnover, Audit Committee Size, Operating Capacity, And Real Interest Rate In The Indonesian Industrial Sector
type: item
description: Purpose – This study aims to examine and analyze the influence of Receivable Turnover, Audit Committee Size, Operating Capacity, and Real Interest Rate on Financial Distress in industrial sector companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2024 period. Design/methodology/approach – This research employs quantitative panel data obtained from industrial sector companies listed on the Indonesia Stock Exchange (IDX) over the 2022–2024 period. Hypothesis testing is conducted using multiple regression analysis with the Random Effects Model. Findings – The results indicate that receivable turnover, audit committee size, and the real interest rate do not significantly explain variations in financial distress during the observation period. In contrast, operating capacity has a positive and statistically significant effect on financial distress. Research limitations/implications – This study is limited to a three-year observation period and selected financial and governance variables. Practically, the findings provide an important signal for investors and managers to focus not only on sales activity but also on the efficiency and profitability quality of asset utilization when assessing financial distress risk JEL : G33, G34, E43.
subject: Articles
  topic: section
subject: Receivable Turnover
  topic: keywords
subject: Audit Committee Size
  topic: keywords
subject: Operating Capacity
  topic: keywords
subject: Real Interest Rate
  topic: keywords
subject: Financial Distress
  topic: keywords
creator: Siti Muzayyanah
creator: Rebeca Selan
creator: Qonitatun Luthfiyah
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 141
ending page: 164
doi: 10.65440/aasf.v2i2.171

The Effectiveness of Accounting Information Systems, Intellectual Capital, and Financial Distress on Financial Performance with Profitability as a Moderation Variable
type: item
description: Objective – This study aims to obtain empirical evidence on the Effect of Effectiveness of Accounting Information Systems, Intellectual Capital, and Financial Distress on Financial Performance with Profitability as a moderation variable. Design/methodology/approach – This study uses a type of quantitative research. The sample in this study is 64 companies in the Health and Non-Primary Consumer Goods sectors listed on the Indonesia Stock Exchange in 2022-2024. The analysis technique used to test the hypothesis is logistic regression analysis using the Eviews 9 software. Findings – The results of the study show that the Effectiveness of the Accounting Information System has a positive effect on Financial Performance. Meanwhile, Intellectual Capital has a positive effect on Financial Performance. And Financial Distress has a positive effect on Financial Performance. Then, the Effectiveness of Accounting Information Systems strengthens the influence of profitability on Financial Performance. Meanwhile, Intellectual Capital strengthens the influence of profitability on Financial Performance. Meanwhile, Financial Distress strengthens the influence of profitability on Financial Performance. Limitations/Implications of Research – The first limitation of this research is the type of data used in this study, namely secondary data obtained from the annual report published by the company. However, the data listed is incomplete even though it is mandatory to upload financial statements every year. Furthermore, the content of the formula is confusing or incomplete, the number is not stated in the financial statements for the formula. Furthermore, this study has limitations on the sample from only 204 to 64 samples, while the rest is because the annual report data is incomplete and the company suffers losses. And finally, this study was conducted over a certain period of time, namely 2022-2024, which may not be for long-term analysis. JEL : M41, G32, G33, G34, 25
subject: Articles
  topic: section
subject: Intellectual Capital
  topic: keywords
subject: Financial Distress
  topic: keywords
subject: Financial Performance
  topic: keywords
subject: The Effectiveness of Accounting Information Systems
  topic: keywords
subject: Probability
  topic: keywords
creator: Adristi Ardelia Hanifah
creator: Abdullah Rifqi Zahron
creator: Sharifah Milda Amirul
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-04-01
publication date: 2026-04-01
starting page: 40
ending page: 56
doi: 10.65440/aasf.v2i1.166

The Effect of Cash Holding and Leverage on Profit Quality with Company Size as a Moderation Variable
type: item
description: Objective – This study aims to obtain empirical evidence on the Effect of Cash Holding and Leverage on Profit Quality with Company Size as a moderation variable. Design/methodology/approach – This study uses a type of quantitative research. The sample in this study is 42 companies in the Technology and Industrial sectors listed on the Indonesia Stock Exchange in 2022-2024. The analysis technique used to test the hypothesis is logistic regression analysis using the Eviews 9 software. Findings – The results of the study show that Cash Holding does not have a negative effect on Profit Quality. Meanwhile, Leverage has a negative effect on the Quality of Profit and Company Size has a positive effect on the Quality of Profit. Then, Company Size does not strengthen the influence of Cash Holding on Profit Quality. Also, Company Size does not strengthen the influence of Leverage on Profit Quality. Limitations/Implications of Research – The first limitation of this research is the type of data used in this study, namely secondary data obtained from the annual report published by the company. However, the data listed is incomplete even though it is mandatory to upload financial statements every year. Furthermore, this study has limitations on the sample from only 112 to 42 samples, while the rest is because the annual report data is incomplete and the company suffers losses. And finally, this study was conducted over a certain period of time, namely 2022-2024, which may not be for long-term analysis. JEL : M41, G32, G30, L25
subject: Articles
  topic: section
subject: Leverage
  topic: keywords
subject: Quality Profit
  topic: keywords
subject: Company Size
  topic: keywords
subject: Cash Holding
  topic: keywords
creator: Fatkhudin Muaziz
creator: Adissya Hawalia Husni
creator: Elprina Sarah Azahra
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-08-31
publication date: 2026-08-31
starting page: 127
ending page: 140
doi: 10.65440/aasf.v2i2.161

The Effect of Corporate Social Responsibility Disclosure, Good Corporate Governance, and Intellectual Capital on Company Financial Performance with Company Size as a Moderating Variable
type: item
description: Purpose – This study investigates the financial performance of the non-cyclical consumer sector on the Indonesia Stock Exchange during the post-pandemic recovery and high-inflation period (2022-2024). It specifically examines the impact of Corporate Social Responsibility Disclosure (CSRD), Good Corporate Governance (GCG), and Intellectual Capital (IC) on Financial Performance, with Company Size as a moderating variable. Design/methodology/approach – This quantitative study analyzes a sample of 147 companies. Data were analyzed using panel data regression (Random Effects Model) processed through Eviews 9, moving away from previous inconsistencies regarding regression types. Findings – The analysis shows that CSRD and GCG have a negative and statistically insignificant effect on financial performance, indicating that governance structures and social disclosure in this sector have not been optimized for financial gain. Importantly, Intellectual Capital is found to have a negative and statistically significant effect on performance, indicating that high investment in intangible assets may act as a cost burden in the short term in this sector. However, Firm Size has a positive and significant direct effect on financial performance, reflecting economies of scale. Furthermore, although Firm Size fails to moderate the impact of CSRD and GCG, it significantly moderates and strengthens the relationship between Intellectual Capital and financial performance, implying that larger firms are better able to leverage intangible assets for value creation. Research limitations/implications – This study provides practical insights for managers in the consumer non-cyclicals sector to optimize their intellectual assets and reconsider the cost-benefit efficiency of CSR activities during the economic recovery phase. JEL : 14, M41, G34, O34, L25
subject: Articles
  topic: section
subject: Corporate Social Responsibility Disclosure
  topic: keywords
subject: Good Corporate Governance
  topic: keywords
subject: Intellectual Capital
  topic: keywords
subject: Company Financial Performance
  topic: keywords
subject: Company Size
  topic: keywords
creator: Novi Rahmadiah
creator: Hafizh Fadhlurrahman
creator: Michael Sahat
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-04-01
publication date: 2026-04-01
starting page: 1
ending page: 22
doi: 10.65440/aasf.v2i1.156

The Effect of Environmental Performance, Intellectual Capital, Institutional Ownership on Corporate Profitability with Corporate Social Responsibility as a Moderating Variable
type: item
description: Purpose – This study aims to obtain empirical evidence on the influence of environmental performance, intellectual capital, and institutional ownership, on Corporate profitability. Design/methodology/approach – This study employs a quantitative research method using secondary data. The population consists of 73 infrastructure sector companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2024 period. The sample comprises 34 infrastructure sector companies listed on the Indonesia Stock Exchange (IDX) during the same period. The total number of observations in this study is 102. The hypothesis testing is conducted using multiple regression analysis with E-Views 9 software. Findings – The results of this study indicate that the environmental performance variable has a positive and significant effect on firm profitability. The intellectual capital variable has a negative and insignificant effect on firm profitability. The institutional environment has a positive and significant effect on firm profitability. Research limitations/implications – This study aims to provide information on firm profitability provides an overview of a company’s ability to generate profits efficiently. JEL : 14, M41, G34, O34, L25
subject: Articles
  topic: section
subject: Corporate Profitability
  topic: keywords
subject: Environmental Performance
  topic: keywords
subject: Intellectual Capital
  topic: keywords
subject: Intitutional Ownership
  topic: keywords
subject: Corporate Social Responsibility
  topic: keywords
creator: Alberta Rene
creator: Florida Mini
creator: Ancelia Kartika Ji’e
rights: Copyright (c) 2026 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2026-04-01
publication date: 2026-04-01
starting page: 23
ending page: 39
doi: 10.65440/aasf.v2i1.144

Effectiveness of Managerial Ownership in Moderating the Impact of Green Accounting and Green Intellectual Capital on Financial Performance
type: item
description: Purpose – This study aims to obtain empirical evidence regarding the effect of green accounting and green intellectual capital on financial performance with managerial ownership as a moderating variable. Design/methodology/approach – This research uses quantitative research. The sample in this study were industrials sector companies listed on the Indonesia Stock Exchange in 2021-2024, totaling 41 companies. The analysis technique used to test the hypothesis is multiple regression analysis and moderation interaction regression using EViews 9 software. Findings – The results of this study indicate that green accounting has a negative and statistically insignificant effect on financial performance. In contrast, green intellectual capital has a positive and statistically significant effect on financial performance, and managerial ownership has a positive and statistically significant effect on financial performance. However, managerial ownership does not strengthen the effect of green accounting on financial performance, while managerial ownership strengthens the effect of green intellectual capital on financial performance. Research limitations/implications – This study discusses corporate financial performance as well as other factors such as green accounting, green intellectual capital, and managerial ownership, focusing on industrials sector companies. This study makes a novel contribution by placing managerial ownership as a moderating variable that strengthens the relationship to explain variations in corporate financial performance amidst increasing demands for sustainable business practices. Originality/value – This study is a new contribution to Indonesian literature because it integrates green accounting, green intellectual capital, and managerial ownership into a single research framework. The evidence produced can be used as a reference for academics, practitioners, and regulators to understand the role of managerial ownership in strengthening sustainability…
subject: Articles
  topic: section
subject: Green Accounting
  topic: keywords
subject: Green Intellectual Capital
  topic: keywords
subject: Financial Performance
  topic: keywords
subject: Managerial Ownership
  topic: keywords
creator: Sri Nuraini Rahmawati
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-28
publication date: 2025-12-28
starting page: 227
ending page: 243
doi: 10.65440/aasf.v1i3.137

The Effect Of Green Accounting, Corporate Social Responsibility, Profitability And Investment Decisions On Firm Value
type: item
description: Purpose – This study aims to obtion emprical evidence on the Effect of Green Accounting, Corporate Social Responsibility, Profitability, and Invesment Decisions on Firm Value. Design/methodology/approach – This study uses a type of quantitative research, the sample in this study is a raw materials sector company listed on the Indonesia Stock Exchange in 2021-2024 as many as 20 companies. The analytical technique used to test the lupotests is multiple regression analysis using e-views 9 software. Findings – The results of this study found that green accounting has a negative and statistically insignificant effect on firm value, as well as corporate social responsibility has a negative and statistically significant effect on firm value. while profitability has a positive and statistically significant effect on firm value. then investment decisions have a positive and statistically significant effect on firm value. Originality/value: This study discusses Firm Value and other factors such as Green Accounting. Corporate Social Responsibility, Profitability, and Investment Decisions that focus on raw materials sector companies.
subject: Articles
  topic: section
subject: Green Accounting
  topic: keywords
subject: Corporate Social Responsibility
  topic: keywords
subject: Profitability
  topic: keywords
subject: Investment Decision Making
  topic: keywords
subject: Firm Value
  topic: keywords
creator: Siska Alawiyah
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-28
publication date: 2025-12-28
starting page: 167
ending page: 185
doi: 10.65440/aasf.v1i3.133

The Influence Of Sustainability Report Disclosure, Firm Size, And Green Accounting On Return on Assets Of Companies In Basic Materials Sector In 2020-2024
type: item
description: Purpose – This study aims to analyze the effect of Sustainability Report Disclosure, Firm Size, and Green Accounting on Return on Assets (ROA) of basic materials sector companies listed on the Indonesia Stock Exchange for the period 2020-2024. Design/methodology/approach – This research employs a quantitative approach with causal-explanatory design using secondary data obtained from annual reports and sustainability reports. The sample consists of 16 basic materials sector companies selected using purposive sampling technique, resulting in 80 observations during 2020-2024. Data analysis was conducted using panel data regression with Random Effect Model (REM) approach, supported by EViews9 software. Variable measurement uses disclosure index based on GRI Standards 2021 for Sustainability Report, natural logarithm of total assets for Firm Size, and dummy variable for Green Accounting based on environmental cost disclosure. Findings – The results showed that the overall model was significant (F-statistic = 2.245; p-value = 0.090), explaining 8.14% of the variation in ROA (R² = 0.814). Individually, the Sustainability Report Disclosure variable had no effect on ROA (coefficient = 0.0034; p-value = 0.4998), indicating that corporate sustainability transparency has not been able to improve asset profitability. Firm size did not affect ROA (coefficient = 0.0008; p-value = 0.6878). The results showed that firm size does not directly reflect a company's ability to generate profits from its assets. On the other hand, Green Accounting shows a negative effect on ROA (coefficient = -0.0608; p-value = 0.0163), this can be interpreted that the costs arising from the implementation of Green Accounting in the short term have the potential to reduce the company's profitability, although in the long term it can provide non-financial benefits such as reputation and business sustainability. Practically, companies that implement Green Accounting (disclose environmental costs in sustainab…
subject: Articles
  topic: section
subject: Sustainability Report Disclosure
  topic: keywords
subject: Firm Size
  topic: keywords
subject: Green Accounting
  topic: keywords
subject: Return on Assets
  topic: keywords
subject: Basic Materials Sector
  topic: keywords
subject: Panel Data Regression
  topic: keywords
creator: Muhammad Yudhistira
creator: Soegiharto Soegiharto
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-28
publication date: 2025-12-28
starting page: 186
ending page: 203
doi: 10.65440/aasf.v1i3.131

Emission Transparency and Funding Strategy: Implications for Firm Value
type: item
description: Purpose – This study aims to analyze the effect of Greenhouse Gas Emissions Disclosure and Debt Policy on Firm Value in companies listed on the Indonesia Stock Exchange for the period 2021-2024. This study is relevant given the increasing global attention to environmental issues and corporate funding strategies as important factors in creating company value. Design/methodology/approach – The research uses a quantitative approach with panel data regression method through Random Effect Model (REM). Data was obtained from annual reports and corporate sustainability reports during the study period. The independent variables used are Greenhouse Gas Emissions Disclosure and Debt Policy, while the dependent variable is Firm Value proxied by Tobin's Q. Findings – The results showed that Greenhouse Gas Emissions Disclosure has a positive but insignificant effect on Firm Value, indicating that the market has not fully considered emissions disclosure in valuation. In contrast, Debt Policy has a positive and significant effect, in line with signaling theory, which suggests that funding decisions through debt are perceived as a signal of confidence in the company's prospects. Research limitations/implications – The research is limited to the 2021-2024 observation period and only uses two independent variables, so it does not include other factors such as profitability, company size, and governance. The practical implication is that management needs to strengthen emission disclosure transparency and manage debt policy sustainably in order to increase investor confidence. JEL : G32, M41, Q56
subject: Articles
  topic: section
subject: Greenhouse Gas Emission
  topic: keywords
subject: Debt Policy
  topic: keywords
subject: Firm Value
  topic: keywords
creator: Jihan Maharani
creator: Nandita Ayuni Safitri
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-28
publication date: 2025-12-28
starting page: 204
ending page: 212
doi: 10.65440/aasf.v1i3.129

Determinants of Firm Value: Evidence from Carbon Emission Disclosure, Green Innovation, and Cash Holding
type: item
description: Purpose – This study aims to obtain empirical evidence on the influence of carbon Emission Disclosure, Green Innovation, and Cash Holding on Firm Value. Design/methodology/approach – This study uses quantitative research. The sample in this study consist of 40 companies in the transportation and logistics, and infrastructure sectors listed on Indonesian Stock Exchange from 2021-2024. The analysis technique used to the hypothesis is multiple regression analysis using Eviews 9 software. Findings – The results of this study found carbon emission disclosure had a negative and statictically insignificant effect on firm value, while green innovation had a negative and statistically significant effect on firm value, and cash holding had a positive and statistically significant effect on firm value. Research limitations/implications – This study discusses firm value and other such as carbon emission disclosure, green innovation, and cash holding focusing on transportation and logistics, and infrastructure sectros.
subject: Articles
  topic: section
subject: Carbon Emission Disclosure
  topic: keywords
subject: Green Innovation
  topic: keywords
subject: Cash Holding
  topic: keywords
subject: Firm Value
  topic: keywords
creator: Mutiara Ilmiana Nur Isfani
creator: Ahmad Zakia Garda Pratama
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-28
publication date: 2025-12-28
starting page: 213
ending page: 225
doi: 10.65440/aasf.v1i3.126

Influence of Awareness, regulation understanding, and Sanctions on PKB compliance Bekasi
type: item
description: Purpose – This research is to empirically examine how taxpayer awareness, knowledge of tax laws, and the imposition of tax penalties affect the compliance behavior of motor vehicle taxpayers in Bekasi Regency. Design/methodology/approach – This study a quantitative research approach with the unit of analysis at the individual level, specifically targeting employees in the private sector, state owned enterprise (SOEs), the education sector, civil servants, self-employed individuals, and private motor vehicle owners in Bekasi Regency particularly in the districts of South Tambun Selatan, Babelan, and Cibitung. The researcher’s involvement is kept to a minimum. A total of 365 respondents were selected using a snowball sampling technique, and data collection was conducted through the distribution of questionnaires. To analyze the data, the researcher utilized Partial Least Squares Structural Equation Modeling (PLS-SEM) version 4.0. Findings – The findings reveal taxpayer awareness significantly and positively influences taxpayer compliance. Likewise, comprehension of tax regulations demonstrates a significant and positive relationship with taxpayer compliance. Moreover, the imposition of tax sanctions also shows a significant and favorable effect on taxpayer compliance. Research limitations/implications – This research has a number of limitations that emerged during the data collection process. One of the main challenges was attracting some respondents to fill out the questionnaire boldly because they were concerned about risk of digital fraud. In addition, the geographic scope of the research which only covers the Bekasi Regency are and the focus of respondents being limited to motor vehicle taxpayers means that the results of this research cannot be generalized to other types of taxes or areas with more complex conditions. In addition, some elderly respondents required assistance when fulfilling out the questionnaire to ensure that the answers given truly reflected th…
subject: Articles
  topic: section
subject: Taxpayer Awareness
  topic: keywords
subject: Understanding of Tax Regulation
  topic: keywords
subject: Tax Sanctions
  topic: keywords
subject: Taxpayer Compliance
  topic: keywords
creator: Putri Dwi Puji Lestari
creator: Egi Gumala Sari
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance
date: 2025-08-30
publication date: 2025-08-30
starting page: 82
ending page: 103
doi: 10.65440/aasf.v1i2.123

The Effect of Information Asymmetry, Systematic Risk and Investment Opportunity (IOS) on Profit Quality in Food & Beverage
type: item
description: Purpose – This study aims to obtain empirical evidence and analyze the factors that influence earnings quality. The independent variables used in this study are Information Asymmetry, Systematic Risk and Investment Opportunity Set (IOS). The dependent variable in this study is earnings quality. The population used in this study are Manufacturing Companies in the Food & Beverage Sub-Sector Registered on the Indonesia Stock Exchange (IDX) from 2013 to 2022. Design/methodology/approach – The research method used is descriptive quantitative. The type of data used is secondary data in the form of published financial reports of manufacturing companies in the food & beverage sub-sector which are listed on the Indonesia Stock Exchange in 2013-2022. Samples were collected by purposive sampling method. The number of companies that were sampled in this study were 10 companies with a research period of 10 years. Data processing using SPSS version 20 for windows by collecting related data and then calculating information asymmetry, systematic risk, and Investment Opportunity Set (IOS) and earnings quality. T), and multiple linear regression test Findings – The results of this study partially show that information asymmetry has no effect on earnings quality, systematic risk has a negative and significant effect on earnings quality, Investment Opportunity Set (IOS) has a positive and significant effect on earnings quality. Simultaneous test results show that information asymmetry, systematic risk, and Investment Opportunity Set (IOS) affect earnings quality.
subject: Articles
  topic: section
subject: Information Asymmetry
  topic: keywords
subject: Systematic Risk
  topic: keywords
subject: Investment Opportunity Set (IOS)
  topic: keywords
subject: Earnings Quality
  topic: keywords
creator: Wiwiek Winingshe
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance
date: 2025-04-30
publication date: 2025-04-30
starting page: 42
ending page: 53
doi: 10.65440/aasf.v1i1.117

The Effect of Liquidity, Profitability, and Solvency on Stock Prices in LQ-45 Companies Listed on The Indonesia Stock Exchange (IDX) For The Period 2020-2022
type: item
description: Purpose – This study aims to test and analyze the relationship between liquidity, profitability, and solvency in relation to stock price Design/methodology/approach – This research was conducted using a purposive sampling. The research data includes 81 observations that focus on the Index LQ 45 with 27 samples of research during 2020-2022. The writer tested the hypothesis by using a data regression model with the SPSS tool. Findings – The results of this study found that Liquidity has a negative and insignificant effect on stock price, Profitability has a positive and significant effect on stock price, Solvency has a negative and significant effect on share price. Research limitations/implications – This research focuses on the stock price where this research study discusses the relationship of liquidity, profitability, and solvency in LQ-45 index companies
subject: Articles
  topic: section
subject: Liquidity
  topic: keywords
subject: Profitability
  topic: keywords
subject: Solvency
  topic: keywords
subject: Stock Price
  topic: keywords
creator: Simbolon Joshua
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance
date: 2025-04-30
publication date: 2025-04-30
starting page: 54
ending page: 68
doi: 10.65440/aasf.v1i1.116

The Influence of Media Exposure, Slack Resources, Public Ownership and Profitability on Corporate Social Responsibility Disclosure
type: item
description: Purpose – This study aims to determine the influence of Media Exposure, Slack Resources, Public Ownership, and Profitability on Corporate Social Responsibility Disclosure. Design/methodology/approach – This study uses quantitative data, the sample in this study is 55 non-cyclical consumer companies listed on the Indonesia Stock Exchange in the period 2018-2022. The analysis techniques used to test the hypothesis are statistical analysis, namely: descriptive statistics, classical assumption tests (normality, multicollinearity, heterokedasticity, and autocorrelation), multiple linear analysis, hypothesis tests and determination coefficients with SPSS 25.0. Findings – The results of this study show that the Media Exposure variable has a positive and significant effect on corporate social responsibility disclosure, the slack resources variable has a negative and insignificant effect on corporate social responsibility disclosure, the public ownership variable has a positive and insignificant effect on corporate social responsibility disclosure, and the profitability variable has a positive and significant effect on corporate disclosure social responsibility. Originality/value - This study discusses Corporate Social Responsibility Disclosure and other factors such as Media Exposure, Slack Resources, Public shareholding and Profitability focusing on consumer non-cyclical. This study uses the Sustainbility Reporting Guidelines (SRG) index. Launched by the Global Reporting Initiative (GRI), in the SRG, there are 79 items spread across 6 performance indicators.
subject: Articles
  topic: section
subject: Slack Resources
  topic: keywords
subject: Media Exposure
  topic: keywords
subject: Public Ownership
  topic: keywords
subject: Profitability
  topic: keywords
subject: Corporate Social Responsibility Disclosure
  topic: keywords
creator: Estuningsih Leandra Endhita
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance
date: 2025-05-21
publication date: 2025-05-21
starting page: 22
ending page: 41
doi: 10.65440/aasf.v1i1.115

Strategic Governance and Financing: Keys to Firm Value in Food and Beverage Companies
type: item
description: Objective – This study aims to examine the relationship between independent board of commissioners, institutional ownership and capital structure on firm value. Design/methodology/approach – The population in this study is a food and beverage subsector companies listed on the Indonesia Stock Exchange in the period 2013-2022 with a total of 26 companies. The sample selection was carried out using purposive sampling method and obtained a total sample of 13 companies and 130 observations. The analytical technique used to test the hypothesis is multiple regression analysis using IBM SPSS 24 software. Findings – The results of this study indicate that the variable independent board of commissioners and capital structure have a positive and significant effect on firm value, while the variable institutional ownership has no effect on firm value. Originality/value – In this study the focus is on food and beverage subsector companies with a 10 years period from 2013-2022 which can differentiate it from previous research.
subject: Articles
  topic: section
subject: Board of Commissioners Independent
  topic: keywords
subject: Institutional Ownership
  topic: keywords
subject: Capital Structure
  topic: keywords
subject: Company Value
  topic: keywords
creator: Nopitasari Nopitasari
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance
date: 2025-05-21
publication date: 2025-05-21
starting page: 1
ending page: 21
doi: 10.65440/aasf.v1i1.114

Predictive Analysis of VAT Revenue in 2025: The Effect of Macroeconomic Factors on VAT Revenue
type: item
description: Purpose: The purpose of this study is to analyze the influence of macroeconomic factors—namely the rupiah exchange rate, inflation rate, and economic growth—on Value Added Tax (VAT) revenue in Indonesia. Additionally, the research aims to predict VAT revenue for 2025 using a regression-based Machine Learning algorithm and to analyze these predictions in the context of the planned VAT rate increase to 12%. Design/methodology/approach : This study employs a quantitative approach using secondary time-series data from 2017 to 2024, sourced from Statistics Indonesia (BPS), Bank Indonesia, and the Ministry of Finance. The dependent variable is VAT revenue, while the independent variables include the rupiah exchange rate, inflation, and economic growth. The analysis began with classical assumption tests and multiple linear regression. Subsequently, predictive modeling was conducted using the KNIME platform, testing several Machine Learning algorithms—including linear regression (with and without lag variables), Gradient Boosting, and Random Forest—to find the most accurate model. Findings : Statistical test results show that the rupiah exchange rate, inflation, and economic growth have no significant effect on VAT revenue, neither individually nor simultaneously. The linear regression, lag-variable, and Gradient Boosting models performed inadequately, showing low explanatory power (low R 2 ). In contrast, the Random Forest model proved superior with an R 2 of 0.844, significantly explaining the data's variability. Based on this model, VAT revenue in 2025 is predicted to follow a gradual upward trend throughout the quarters. An initial dip in revenue is analyzed as a consequence of global geopolitical instability and a domestic political transition impacting consumer purchasing power. Research limitations/implications: The main limitation of this study is the relatively short time span of the data, which prevents the full capture of long-term trends. The implication is that…
subject: Articles
  topic: section
subject: VAT Revenue
  topic: keywords
subject: Exchange Rate
  topic: keywords
subject: Inflation
  topic: keywords
subject: Economic Growth
  topic: keywords
creator: Nikson Sihotang
creator: Afifah Salsabila
creator: Farhan Nurcholis Putra
creator: Hajar Nurrahmah
creator: Vico Yandiansyah Nugraha
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance
date: 2025-10-03
publication date: 2025-10-03
starting page: 142
ending page: 166
doi: 10.65440/aasf.v1i2.113

The Effect of Cultural Factors, Price, and Promotion on Purchasing Decisions
type: item
description: Abstract Purpose – This study aims to examine the influence of cultural factors, price, and promotion on purchasing decisions. Design/methodology/approach – This research uses a quantitative approach. It was conducted using a questionnaire distributed to people in East Nusa Tenggara, especially in the Regency, with as many as 80 distributed via social media. Each questionnaire contained 76 statements for respondents to answer. To get the result of this research, I used PLS-SEM Version 3.0 Findings – Research limitations/implications – The findings reveal that culture has a positive and significant effect on purchasing decisions, price has a positive but insignificant effect on purchasing and promotion has a positive and significant effect on purchasing decisions. Each questionnaire contained 76 statements for respondents to answer. Research limitations/implications- This study introduces needs variables in purchasing decisions, especially experience and attitude, which provide new insight. However, the findings are limited to consumer behavior and product marketing, requiring further research.
subject: Articles
  topic: section
subject: Cultural Factors
  topic: keywords
subject: Price
  topic: keywords
subject: Promotion
  topic: keywords
subject: Purchasing Decisions
  topic: keywords
creator: Alberta Theresia Rene
creator: Florida Mini
creator: Fransiska Irma Fardina
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance
date: 2025-08-30
publication date: 2025-08-30
starting page: 129
ending page: 141
doi: 10.65440/aasf.v1i2.88

The Influence of Social Media Marketing, Service Quality, and Ease of Transactionson Purchase Decisions
type: item
description: Objective – This study aims to find out and analyze the influence of social media marketing, service quality and ease of transactions on purchase decisions. Design/methodology/approach – This study uses a quantitative type of research. This research was conducted using a questionnaire distributed to consumers of Sea Makeup products, namely 110 questionnaires shared through social media. Each questionnaire distributed has 51 questions to be answered by respondents. Of the 110 questionnaires distributed, 66 respondents gave answers. To get the results of this study, the researcher used SmartPLS 3. Findings – The results of this study determine that social media marketing has a positive effect and has a significant effect on purchase decisions, ease of transactions has a positive effect and has a significant effect on purchase decisions. Limitations of the Research – The limitations of this study are all variables, namely social media marketing variables, service quality, ease of transactions as independent variables, purchase decisions as dependent variables, so that the data obtained is the perception of the respondents. Respondents were obtained through WhatsApp and Instagram so that the filling out of the questionnaire obtained was not guided in filling it out. Some respondents may be reluctant to give honest answers and not all respondents have the same understanding of the questions asked, which can lead to irrelevant or inappropriate answers.
subject: Articles
  topic: section
subject: Social Media Marketing
  topic: keywords
subject: Quality of Service
  topic: keywords
subject: Ease of Transaction
  topic: keywords
subject: Purchase Decision
  topic: keywords
creator: Putri Azijah Pasaribu
creator: Muhamad Prastyo Hadi
creator: Theresia Putri Charabita
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance
date: 2025-10-03
publication date: 2025-10-03
starting page: 115
ending page: 128
doi: 10.65440/aasf.v1i2.84

The Effect of Compensation, Training, and Work Discipline on Employee Performance
type: item
description: Purpose – This study aims to test or analyze how employee performance affects compensation, training, and work discipline. Design/methodology/approach – This study uses quantitative research methods, using primary data collected from a population of 70 employees who are members of PT Namicoh Indonesia Component in the automotive manufacturing section of plant 1. Each questionnaire distributed contained 54 statements to be answered by respondents. To get the results of this study, researchers used SEM-PLS (Partial Least Squares) version 3.0. Findings – The results of this study in the first hypothesis found that compensation has a positive and significant effect on employee performance, then the second hypothesis found that training has a positive and insignificant effect on employee performance, then the third hypothesis found that work discipline has a positive and insignificant effect on employee performance Research limitations/implications – This research introduces innovative variables in employee performance. In particular compensation, training, and work discipline, which provide new insights. However, these findings are limited to PT Namicoh Indonesia Component automotive manufacturing plant 1, and broader applicability to non-automotive manufacturing company contexts requires further research.
subject: Articles
  topic: section
subject: Employee Performance
  topic: keywords
subject: Compensation
  topic: keywords
subject: Training
  topic: keywords
subject: Work Discipline
  topic: keywords
creator: Nadia Saputri
creator: Mella A Listia
creator: Syifa Fauzatuz Zulfa
rights: Copyright (c) 2025 Journal of Applied Accounting and Sustainable Finance
date: 2025-04-30
publication date: 2025-04-30
starting page: 69
ending page: 81
doi: 10.65440/aasf.v1i1.80

The Effect of Service Quality, Tax Sanctions, and Modernization of the Tax Administration System on Taxpayer Compliance
type: item
description: Purpose - This study aims to examine the influence of Service Quality, Tax Sanctions, and Tax Administration System Modernization on Taxpayer Compliance. Design/methodology/approach - This study uses quantitative research methods, using primary data collected from a population of 64 respondents from Individual Taxpayers in the city of Bekasi. Data analysis was carried out using Partial Least Square (PLS) software with Moderated Regression Analysis. Findings - The results of this study found that Service Quality has a positive effect and has a non-significant effect on Taxpayer Compliance, Tax Sanctions have a positive effect and have a significant effect on Taxpayer Compliance, and Modernization of the Tax Administration System has a positive effect and has a significant effect on Taxpayer Compliance Limitations/implications of the study - This study introduces innovative variables in taxpayer compliance, especially service quality, tax sanctions, and modernization of the tax administration system, which provides new insights. However, this finding is limited because the variables are measured using a questionnaire, the data obtained is the perception of respondents of the data obtained through WhatsApp so that the questionnaire obtained is not guided in detail in its filling.
subject: Articles
  topic: section
subject: Service Quality
  topic: keywords
subject: Tax Sanctions
  topic: keywords
subject: Modernization of the Tax Administration System
  topic: keywords
subject: Taxpayer Compliance
  topic: keywords
creator: Adissya Hawalia Husni
creator: Elprina Sarah Azahra
creator: Noor Jaesmine Maharani
rights: Copyright (c) 2025 Azzukhruf : International Journal of Accounting and Management
date: 2025-08-30
publication date: 2025-08-30
starting page: 104
ending page: 115
doi: 10.65440/aasf.v1i2.77