Golden Ratio of Auditing Research with e-ISSN 2776-6373 encourages courageous and bold new ideas, focusing on contribution, theoretical, managerial, and social life implications. Golden Ratio of Auditing Research fosters the exploration of finance, auditing, and phenomena. The journal emphasizes theoretical, managerial, and societal contributions, and welcomes literature reviews, thought pieces, and empirical studies with international relevance. With a broad scope—from audit quality, governance, ethics, and forensic accounting to ESG reporting and public sector auditing—the journal supports diverse methodological approaches and aims to address today’s and future auditing challenges. Publication Frequency: Semi-Annuals Issue Per Year Issue 1, July to January, and Issue 2, February to June. Language: English Prefix DOI: 10.52970/grar EIC: Prof. Dr. Muhammad Su'un|Scopus|Scholar|Orcid|WoS|RG|Sinta Publisher: CV. Manunggal Halim Jaya Members, Abstract & Indexing: Crossref | RJI | Orcid.org | Scite | Dimension - Digital Service | Google Scholar | ROAD | Garuda | DORA | Scilit | Kudos | SINTA 4
The Influence of Audit Fees and Audit Rotation on Audit Quality in Chemical Sub-Sector Manufacturing Companies Listed on The Indonesia Stock Exchange
This study aims to analyze the influence of Audit Fees, Audit Rotation, and Audit Quality on the activeness of companies in conducting quality audits in chemical sub-sector manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2024 period. The research method used is quantitative with a logistic regression approach. Audit Fees are measured using the natural logarithm of professional fees, a dummy variable represents Audit Rotation, and Audit Quality is proxied by the auditor's Big Four status. The results show that all three independent variables positively and significantly affect company activity. The Nagelkerke R Square value of 0.923 indicates the model's high explanatory power. The model's goodness-of-fit test, with a Chi-Square value of 38.783 (p < 0.05), suggests that the model is suitable for use. Additionally, the classification accuracy reaches 100%, reinforcing the model's reliability in predicting the activeness category of companies.
Copyright (c) 2025 Annesa Tasya Maghfirah, Miftahul Jannah, A. Amiruddin, S. Syamsuddin https://creativecommons.org/licenses/by-sa/4.0
The Effect of Audit Tenure and Audit Opinion on Audit Report Lag: A Study of Indonesian Manufacturing Companies
This study examines the impact of audit tenure and opinion on audit report lag in manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange (IDX). Audit report lag is a crucial measure of the timeliness of financial reporting, yet prior studies show inconsistent findings regarding its relationship with audit tenure and audit opinion. This study addresses that gap by focusing on a specific industry sector in Indonesia. A quantitative method was employed, using secondary data obtained from the audited financial statements of selected companies between 2020 and 2024. The sampling technique was purposive, resulting in six companies as research samples. The independent variables are audit tenure and opinion, while the dependent variable is audit report lag. The data collection method used is documentation. Data were analyzed using classical assumption testing and multiple linear regression, with hypothesis testing performed through SPSS 27. The hypotheses tested in this study are as follows: (H1) It is suspected that audit tenure and audit opinion simultaneously affect audit report lag in manufacturing companies listed on the IDX; (H2) It is suspected that audit tenure and audit opinion partially affect audit report lag in manufacturing companies listed on the IDX; (H3) One of the variables has a dominant effect on audit report lag in manufacturing companies listed on the IDX.
Copyright (c) 2025 Muhammad Ashar, A. Anggi Reskiamalia, A. Amiruddin, S. Syamsuddin https://creativecommons.org/licenses/by-sa/4.0
The Influence of Islamic Financial Literacy and Islamic Good Corporate Governance (IGCG) on Donor Trust in Zakat Management Institutions
The misuse of funds by ACT in 2022 shook public trust in zakat management institutions, reinforcing the urgency of Islamic financial literacy, accountability, transparency, and Islamic governance. This study analyzes the influence of Islamic financial literacy and Islamic Good Corporate Governance (IGCG) on donor trust, with accountability and transparency as mediating variables. Data were collected through a survey of 243 premium donors of Dompet Dhuafa West Java and analyzed using path analysis and the Sobel test. The results show that both Islamic financial literacy and IGCG have a significant effect on donor trust, both directly and indirectly through accountability and transparency. Transparency was found to be the stronger mediator. Collectively, the four variables explain 72.2% of the variance in donor trust. This study highlights the importance of strengthening Islamic financial literacy and internalizing IGCG principles as a strategy to build public trust and optimize sustainable zakat collection.
Copyright (c) 2025 Ismi rizki, Yana Hendayana https://creativecommons.org/licenses/by-sa/4.0
The Influence of Green Banking, Credit Risk, and Operational Efficiency on The Financial Performance of Conventional Banks in 2020-2023
This research endeavor is directed toward assessing the impact of Green Banking, Credit Risk, and Operational Efficiency on the Financial Performance of conventional banks in Indonesia in 2020-2023. Green banking was evaluated through the Green Banking Disclosure Index (GBDI), credit risk was represented by the Non-Performing Loan (NPL) ratio, the BOPO ratio indicated operational efficiency, and financial performance was assessed using Return on Assets (ROA). This research adopts a quantitative methodology utilizing pre-existing datasets derived from the annual financial statements of banks listed in collaboration with the Financial Services Regulatory Authority (OJK). The analysis employed panel data regression models executed via EViews software. Empirical findings reveal that green banking exerts a marginally significant influence on financial performance, whereas credit risk does not demonstrate a statistically meaningful relationship. Conversely, operational efficiency exhibits a significant inverse association with financial performance. The independent variables account for 73% of the heterogeneity observed in financial performance, as represented by the recalibrated coefficient of determination. These outcomes underscore the critical role of enhancing cost-efficiency strategies and advancing environmental banking initiatives to foster long-term financial sustainability within the banking sector.
Copyright (c) 2025 Firdausi Nurnuzula Afandi, Puji Endah Purnamasari https://creativecommons.org/licenses/by-sa/4.0
Exploring the Mediating Effect of Financial Literacy on the Relationship between Financial Attitude, Financial Knowledge, and Financial Management Behavior
This study aims to analyze the influence of financial attitude and financial knowledge on the financial management behavior of the millennial generation mediated by financial literacy. The study was conducted among 100 millennial respondents in Malang City using a quantitative approach and Path analysis via SPSS software. The results indicate that financial attitude has a significant direct effect on financial management behavior and financial literacy; however, it does not exhibit a significant indirect effect through the mediation of financial literacy. In contrast, financial knowledge exerts a significant direct influence on financial management behavior and financial literacy and demonstrates a significant indirect effect via financial literacy. This suggests that the financial knowledge millennials possess more effectively shapes financial management behavior when supported by a high level of financial literacy. These findings underscore the critical role of financial literacy in enhancing the impact of financial knowledge on millennials' financial decision-making. Consequently, financial education initiatives should prioritize improving financial literacy to maximize the benefits derived from financial knowledge.
Copyright (c) 2025 Diana Alvia Safitri, Miftahul Huda https://creativecommons.org/licenses/by-sa/4.0
The Effect of Ease and Intensity of Promotion on Interest in Using BNI Wondr QRIS
This study examines the influence of ease of use and promotion intensity on the intention to use BNI Wondr QRIS among accounting students at UPN Veteran East Java. The rapid growth of fintech in Indonesia has encouraged the digitization of transactions, including through QRIS. Although efficient in financial recording, research gaps remain regarding factors influencing the intention to use QRIS among accounting students with a strong understanding of financial systems. This quantitative study employed a survey method involving 91 students from the 2021–2023 cohorts, selected through simple random sampling. Data were collected via an online questionnaire and analyzed using SPSS version 30. Results indicate that both ease of use and promotion intensity have a positive and significant partial and simultaneous effect on students' intention to use BNI Wondr QRIS. Ease of use was measured through efficiency and clarity of transaction processes, consistent with the Technology Acceptance Model (TAM). Promotional efforts such as discounts and cashback generated user interest, aligning with the AIDA model. These findings highlight the importance of simplifying access and implementing targeted promotions to increase QRIS adoption among Generation Z students. This study contributes to QRIS BNI's marketing strategies and a better understanding of digital financial technology adoption in academic settings.
Copyright (c) 2025 Cinta Anasilla Wulan Haqi, Sri Trisnaningsih https://creativecommons.org/licenses/by-sa/4.0
The Influence of E-Commerce, Accounting Information Systems, and Entrepreneurship Knowledge on Entrepreneurial Interest
This study aims to analyze the effect of e-commerce, accounting information systems, and entrepreneurial knowledge on entrepreneurial interest in accounting students at Universitas Pembangunan Nasional Veteran Jawa Timur. The research method used is quantitative, and questionnaires were distributed to 78 respondents from the 2021 student population. The regression analysis results show that the three variables positively and significantly affect entrepreneurial interest, partially and simultaneously. This finding confirms that mastery of digital technology, information systems, and entrepreneurial knowledge is important in encouraging students to start a business. Therefore, integrating technology-based learning and entrepreneurship must be improved in higher education to produce adaptive young entrepreneurs.
Copyright (c) 2025 Gabrena Septi Aulia, Sri Trisnaningsih https://creativecommons.org/licenses/by-sa/4.0
The Influence of Profitability and Cash Holding on Income Smoothing in an Islamic Perspective
This study aims to analyze the effect of profitability and cash holdings on income smoothing from an Islamic perspective in Islamic commercial banks in Indonesia from 2020 to 2023. The sampling technique used was purposive sampling with 10 Islamic commercial banks in Indonesia over 4 years. This study used a quantitative approach using logistic regression. The model testing uses the Hosmer and Lemeshow model goodness-of-fit test, the coefficient of determination test, and the partial and simultaneous significance tests. The study's results indicate that, partially, profitability and cash holdings do not influence income smoothing, as evidenced by the significance values of each variable being greater than 0.05. However, simultaneously, both variables influence income smoothing. From an Islamic perspective, the results of this study indicate that Islamic commercial banks are committed to the principles of transparency, honesty, and accountability in financial reporting. This study found no indication that Islamic bank management smokes income based on profitability or cash holdings. This study expands the literature on Islamic accounting by emphasizing the importance of ethical and responsible profit management and providing an overview of how Islamic principles are applied in current financial practices.
Copyright (c) 2025 Nasiatul Hana Fikriyah, N. Nurlaili, Ersi Sisdianto https://creativecommons.org/licenses/by-sa/4.0
Investment Opportunity Set, Firm Growth, and Profitability on Firm Value: The Moderating Role of CSR in Indonesian Manufacturing Firms (JII)
This study investigates the effect of the Investment Opportunity Set (IOS), firm growth, and profitability on firm value, with Corporate Social Responsibility (CSR) as a moderating variable. The research focuses on manufacturing companies listed in the Jakarta Islamic Index (JII) for 2019–2024. IOS is measured using the Market to Book Value ratio, firm growth by changes in total assets, profitability by Return on Equity (ROE), firm value by Price to Book Value (PBV), and CSR by the Global Reporting Initiative (GRI) 2016 indicators. A total of six companies were selected through purposive sampling, resulting in 36 observations. The data were analyzed using panel data regression and Moderated Regression Analysis (MRA) with EViews 12. The results show that IOS and profitability positively and significantly affect firm value, while firm growth has no significant effect. CSR significantly moderates the relationship between IOS and firm value, but does not moderate the effects of growth and profitability. These findings support signaling and agency theory and highlight that strategic CSR aligned with substantial investment and profit potential can enhance firm value, especially in sharia-based capital markets.
Copyright (c) 2025 Geodimas Wibowo, Dimas Pratomo, Citra Etika https://creativecommons.org/licenses/by-sa/4.0
The Effect Of Corporate Governance, Capital Intensity, And CSR On Financial Performance In The F&B Sector Listed On IDX 2021-2024
Financial performance describes how well the business can use its resources to profit. This quantitative research aims to ascertain elements that can affect financial performance, such as financial and non-financial ratios. Corporate governance, capital intensity, and corporate social responsibility are some indicators. For 2021-2024, IDX-listed firms operating in the food and beverage subsector comprised the population. The population consisted of 132 food and beverage sub-sector companies. A purposive sample strategy was used in this investigation. The research includes 24 different businesses. Data analysis uses EViews12 with a panel regression model. The study results show that corporate governance variables have a significant effect on ROA, capital intensity has no effect on ROA, and corporate social responsibility (CSR) has a negative and significant effect on ROA.
Copyright (c) 2025 Rafa Kamal Paresta, Sartika Wulandari https://creativecommons.org/licenses/by-sa/4.0
Financial Literacy, Financial Behavior, and Financial Inclusion as Critical Determinants of Economic Resilience Among Fishing Families in Tambak Lorok, Semarang, Indonesia
Tanjung Mas is an administrative village in North Semarang that includes a fishing settlement known as Tambak Lorok, located within the Semarang Port area. Due to its direct access to the sea, the area is rich in marine resources. However, this abundance has not translated into prosperity for the local fishing families. In fact, Tanjung Mas is one of the three urban villages in Semarang City that are classified as experiencing extreme poverty. This condition has significantly impacted the area's economic resilience of fishing families. This study aims to analyze the influence of financial literacy, financial behavior, and financial inclusion—three factors that play an important role in determining the economic resilience of fishing families in Tambak Lorok. This research adopts a quantitative approach using a questionnaire-based survey method. Data analysis was conducted using SPSS version 26, chosen for its ability to objectively and empirically test the partial and simultaneous effects of independent variables on a single dependent variable. A total of 265 respondents were selected using a convenience sampling technique. The analytical method employed was multiple linear regression. The hypothesis testing results show that all three variables have a significant positive effect, with significance values of Sig. = 0.002 for financial literacy, Sig. = 0.001 for financial behavior, and Sig. = 0.000 for financial inclusion. Future research is encouraged to broaden the geographic scope of the study to enable comparative analyses across different fishing communities, adopt a mixed-methods approach for more comprehensive results, and consider modifying or adding other relevant variables.
Copyright (c) 2025 Kamiliya Nurul Karomah, Inaya Sari Melati https://creativecommons.org/licenses/by-sa/4.0
The Effect of The World Uncertainty Index on Cash Holdings in Indonesian Public Companies
This study aims to examine the effect of the World Uncertainty Index (WUI)—a global measure of economic and policy uncertainty—on the cash holdings of publicly listed non-financial companies in Indonesia. Given the increasing global economic and geopolitical uncertainty, understanding how firms in emerging markets manage liquidity is both theoretically relevant and practically important. The study employs a quantitative approach, using panel data regression on a sample of 782 non-financial firms listed on the Indonesia Stock Exchange from 2013 to 2024. A total of 5,944 firm-year observations were analyzed. The empirical analysis applies the fixed effect model and Driscoll-Kraay standard errors to ensure robust statistical inference. The findings reveal a statistically significant and negative relationship between the WUI and corporate cash holdings. This suggests that during periods of high global uncertainty, Indonesian firms tend to reduce cash reserves, potentially to sustain operational activities or meet short-term obligations. The results challenge the traditional precautionary motive, which posits that firms increase cash in response to uncertainty. Instead, they highlight a context-specific liquidity behavior in emerging markets, where financial constraints and weak external financing channels may force firms to deplete cash during uncertain times. The study provides practical insights for financial managers in designing adaptive liquidity strategies, and it highlights the need for policymakers to support corporate resilience in volatile global conditions.
Copyright (c) 2025 Juan Adhitya Fatah https://creativecommons.org/licenses/by-sa/4.0
Effect of Financial Distress, Auditor Quality, and Tenure on Going Concern Audit Opinion with Opinion Shopping as Moderating Factor
This study aims to examine the effect of financial distress, auditor quality, and auditor-client tenure on going concern audit opinion, with opinion shopping as a moderating variable. This research is motivated by the inconsistency of previous findings and the need to explore managerial opportunism through auditor switching behavior. The study population comprises companies in the consumer goods sector listed on the Indonesia Stock Exchange (IDX) from 2020 to 2024. The sample selection was conducted using purposive sampling, resulting in 10 companies with 50 firm-year observations. The data were analyzed using Moderated Regression Analysis (MRA). The results indicate that financial distress, auditor quality, and auditor-client tenure have a significant impact on the going concern audit opinion. Additionally, opinion shopping significantly moderates the effect of auditor quality and auditor-client tenure on going concern opinion, but does not moderate the effect of financial distress. This study contributes to the literature by integrating opinion shopping as a moderating variable, an approach that remains underexplored, particularly in the consumer goods sector. Practical implications include reinforcing auditor independence and rotation policies to mitigate audit bias.
Copyright (c) 2025 Ahmad Jarot, S. Suhendar, Sania Nuraziza https://creativecommons.org/licenses/by-sa/4.0
The Effect of Green Accounting and Islamic Corporate Social Responsibility on Sustainability Performance in Manufacturing Companies Listed on the Jakarta Index (2020–2023)
This study aims to evaluate the extent to which green accounting and Islamic Corporate Social Responsibility (ICSR) impact the achievement of sustainable performance in manufacturing companies listed on the Jakarta Islamic Index from 2020 to 2023. Green accounting is a financial reporting approach that incorporates environmental aspects, aiming to enhance corporate transparency and accountability in environmental preservation. On the other hand, ICSR reflects corporate social responsibility based on Islamic principles, which emphasizes the fulfillment of stakeholder rights and the preservation of ecosystem balance. This study employs multiple regression methods using secondary data obtained from annual reports and sustainability reports, and the results are tested using the EViews 10 tool. The results showed that Green Accounting has a negative impact on sustainability performance, while ICSR has a positive and significant effect. Simultaneously, both variables have a significant effect on the company's sustainability performance. These findings offer valuable insights into the integrative role of environmental reporting and Islamic-based social responsibility in promoting corporate sustainability. This study aims to make theoretical and practical contributions to the development of corporate sustainability strategies grounded in Islamic values in Indonesia.
Copyright (c) 2025 Via yunita, N. Nurlaili, Ersi Sisdianto https://creativecommons.org/licenses/by-sa/4.0
Predicting Financial Failure in Indonesian Manufacturing Firms Using Ratio Analysis
This study aims to examine the impact of financial ratios on financial distress in manufacturing firms listed on the Indonesia Stock Exchange (IDX) for the period 2022–2023. The independent variables analyzed comprise liquidity, profitability, leverage, and activity ratios, while the dependent variable is financial distress. The research utilizes multiple linear regression analysis within a quantitative framework. From a population of 170 companies, purposive sampling was applied to select 23 firms as the sample. Data analysis was performed utilizing SPSS version 25. The results indicated that liquidity, profitability, and activity ratios have a significant negative influence on financial distress, implying that higher levels of these ratios are associated with a reduced risk of distress. Conversely, the leverage ratio demonstrated a significant positive effect on financial distress, indicating that increased dependence on debt heightens the probability of financial difficulties. This study contributes to existing literature and offers important guidance for company management, investors, and creditors in the process of making financial decisions.
Copyright (c) 2025 Anika Putri, S. Subadriyah https://creativecommons.org/licenses/by-sa/4.0
The Effect of Financial Performance and Firm Size on Firm Value with CSR as a Moderating Variable
This study investigates the influence of financial performance and firm size on firm value, with Corporate Social Responsibility (CSR) as a moderating variable, focusing on manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange from 2021 to 2023. The relevance of this research lies in addressing the inconsistent findings in prior studies regarding how financial indicators and firm characteristics impact value creation in stakeholder-oriented business environments. Using a quantitative approach, the study employed purposive sampling to select 29 companies that consistently published financial and sustainability reports during the study period, resulting in 87 panel data observations. Panel data regression and Moderated Regression Analysis (MRA) were conducted using EViews 13 software. The findings reveal that financial performance, as measured by Return on Assets (ROA), and firm size significantly affect firm value, as measured by Price to Book Value (PBV). Furthermore, CSR effectively moderates the relationship between financial performance and firm value, but does not significantly moderate the effect of firm size on firm value. These results suggest that while profitability enhances firm value, its credibility and impact are further strengthened when aligned with social responsibility efforts. This study contributes to the growing literature on corporate sustainability and offers strategic insights for managers aiming to optimize both financial and social dimensions in enhancing firm valuation.
Copyright (c) 2025 Muh. Farhan Fatkur Rochman, Jannati Tangngisalu, Andi Agus https://creativecommons.org/licenses/by-sa/4.0
Examining Profitability: Through The Lens of Board Age Diversity in Indonesian Manufacturing Firms
Further insight into the impact of company size, tax planning, and leverage towards profitability through the perspective of board age diversity. Manufacturing companies of various sub-sectors that earn positive income listed on the Indonesia Stock Exchange as per the year under research are the population used. The number of companies used as samples in this study was 23, with three years of observation (2022-2024). The study uses secondary data from their companies' official websites and the Indonesian Stock Exchange. It uses a quantitative method that uses panel data regression analysis and will conduct the Chow and Hausman tests to determine the regression analysis processed with the Eviews 12 application. The research results state that company size positively affects profitability. In line with that, tax planning has a positive effect on profitability as well. Meanwhile, leverage has a negative influence on profitability. It was also found that board age diversity moderates the correlation of company size and tax planning on profitability, so any decision-making process leads to increased profitability. However, board age diversity cannot moderate the relationship between leverage and profitability.
Copyright (c) 2025 Florence Melvin Tewal, Rusliyawati, Syarif M. Helmi https://creativecommons.org/licenses/by-sa/4.0
The Effect of Audit Quality, Firm Size, and Auditor Reputation on Earnings Management
This study examines the effect of audit quality, firm size, and auditor reputation on earnings management in manufacturing companies listed on the Indonesian Sharia Stock Index (ISSI) during 2019–2023. Using a quantitative approach with purposive sampling, 20 companies were analyzed using secondary data from annual financial reports. Panel data regression with the Common Effect Model was applied. The partial t-test results show that audit quality has a negative and significant effect on earnings management (coefficient = -0.293686, t-statistic = -4.545122, p-value = 0.0000), firm size has a negative and significant effect (coefficient = -0.027295, t-statistic = -2.744986, p-value = 0.0072), and auditor reputation also has a negative and significant effect (coefficient = -0.244585, t-statistic = -3.796877, p-value = 0.0003). These results indicate that higher audit quality, larger firm size, and reputable auditors reduce earnings manipulation practices. From an Islamic business perspective, accurate and transparent financial reporting reflects the value of justice ('adl) as mandated in QS. Al-Maidah: 8, where fairness in disclosure is a form of moral and spiritual accountability to Allah SWT. This study supports signaling theory and provides practical implications for strengthening transparency, accountability, and Sharia-compliant practices.
Copyright (c) 2025 Khusna Lathifannisa, Evi Ekawati, Ahmad Hazas Syarif https://creativecommons.org/licenses/by-sa/4.0
The Effect of Employee Costs on Company Performance with Employee Productivity as an Intervening Variable At PT PLN (Persero) Unit Induk Pembangkitan Tanjung Jati B
The decline in the organizational performance score (NKO) of PT PLN (Persero) Tanjung Jati B Generation Unit during 2021–2023 suggests that personnel expense allocation may not be optimal in driving employee productivity. As one of the most significant expenditure components, personnel expenses, consisting of compensation, benefits, and other costs, are ideally expected to enhance motivation and performance. However, ineffective management can reduce productivity and negatively impact a company's performance. This study aims to analyze the effect of personnel expenses on company performance, with employee productivity serving as an intervening variable, for the period from 2020 to 2023. A census method was applied to 48 data points on personnel expenses, analyzed using Structural Equation Modeling (SEM) with AMOS. The results show that compensation-related and other personnel expenses have no significant effect on company performance, while benefit-related personnel expenses have a positive and significant effect. Employee productivity has a positive and significant effect on company performance. Mediation analysis indicates that employee productivity weakens the direct effect of compensation-related expenses on productivity and does not mediate the effect of benefit-related and other personnel expenses on company performance. These findings underscore the importance of managing benefit-related expenses as a strategy to enhance performance, while also highlighting the need to optimize the allocation of compensation and other costs to support productivity more effectively.
Copyright (c) 2025 Ahkmad Kharis Kurniawan, Batara Daniel Bagana https://creativecommons.org/licenses/by-sa/4.0
Financial Literacy and Digital Financial Literacy: The Mediating Role of Financial Planning and Control in Micro Furniture Enterprises
The rapid digital transformation in the financial sector has prompted micro-entrepreneurs to adapt to increasingly complex financial environments. However, many micro-entrepreneurs, particularly in Indonesia’s furniture sector, still face significant challenges in financial management, a lack of structured planning systems, and limited digital financial literacy. These constraints hinder their ability to adopt digital financial services effectively and weaken their competitiveness in the digital economy. This study addresses the issue by examining the influence of financial literacy on digital financial literacy, with financial planning and control serving as a mediating variable. Using the theory of planned behavior as the theoretical foundation, the research explores how attitudes, perceived behavioral control, and intentions influence financial decision-making in a digital context. A quantitative approach was applied, involving 127 micro-enterpreneurs in the furniture industry as respondents. Data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results show that financial literacy has a positive effect on both digital financial literacy and financial planning and control. Furthermore, financial planning and control positively mediate the relationship between financial literacy and digital financial literacy. These findings imply that improving financial literacy alone is not sufficient; it must be complemented with structured financial planning and control to strengthen digital financial competencies. Practically, this suggests that training programs and policy interventions should integrate financial education with digital adoption strategies to enhance the competitiveness and sustainability of micro furniture enterprises. Theoretically, the study contributes by extending the theory of planned behavior to explain financial behavior in the digital transformation era.
Copyright (c) 2025 Aisyah Nur Aini, Muhammad Ali Fikri https://creativecommons.org/licenses/by-sa/4.0
Bibliometric Analysis of Auditor Switching Development with Vosviewer
The decision of a company to switch auditors, known as auditor switching, is a significant issue in the accounting field as it relates to auditor independence, regulatory frameworks, and the dynamics of auditor-client relationships. This study analyzes the development of auditor switching literature using a bibliometric approach based on 103 articles indexed in Scopus from 1988 to 2025. Utilizing VOSviewer software, the research identifies publication trends, core journals, and four main keyword clusters that reflect key research focuses: regulation, internal company conditions, financial pressure, and managerial motivation. The findings reveal a steady increase in publications, peaking in 2019. These results provide a comprehensive overview of the auditor switching research landscape and offer directions for future studies.
Copyright (c) 2025 Asti Sri Anisa, Rachmat Agus Santoso, F. Fitriana https://creativecommons.org/licenses/by-sa/4.0
Factors Influencing the Results of an Unqualified Opinion (WTP) on the Financial Reports of District/City Governments in South Sumatra Province
This study aims to determine the effect of weaknesses in the internal control system (ISC), non-compliance with laws and regulations, and the age of the local government on the WTP opinion on the financial statements of district/city governments in South Sumatra province. The population in this study was all district/city governments in South Sumatra. The sampling technique used in this study was the saturated sampling method, meaning that all members of the population were sampled, and sample data were obtained from as many as 68 Financial Statements of District/City Governments in South Sumatra. This hypothesis testing used Logistic Regression with the help of SPSS 26 software. The results of this study indicate that, to some extent, the variables of ISC weaknesses and non-compliance with laws and regulations affect the WTP opinion on the financial statements of local governments. The variable of age of the local government does not affect the WTP opinion on the financial statements of local governments. Simultaneously, weaknesses in ISC, non-compliance with laws and regulations, and the age of the local government together affect the WTP's opinion on the financial statements of local governments.
Copyright (c) 2025 Siti Lailatull Hasanah, Yevi Dwitayanti, C. Choiruddin https://creativecommons.org/licenses/by-sa/4.0
The Influence of Carbon Emission Disclosure and Green Innovation on Firm Value with Profitability as a Moderating Variable
This study aims to analyze the effects of Carbon Emission Disclosure and Green Innovation on firm value, with Profitability as a moderating variable. Firm value in this study is measured using the Tobin Q ratio. The data were obtained from Annual Reports and Sustainability Reports through purposive sampling, resulting in a sample of 19 companies with a total of 76 observations. Data analysis was conducted using Moderated Regression Analysis (MRA) in SPSS Software version 26 to examine the effect of independent variables and the role of the moderating variable. The hypothesis testing results indicate that Carbon Emission Disclosure and Green Innovation have a significant effect on firm value, whereas Profitability does not moderate the effect of Carbon Emission Disclosure and Green Innovation on firm value. These findings suggest that when companies transparently disclose their carbon emission data and undertake environmentally supportive innovations, it enhances the firm's value. Meanwhile, the level of profitability does not alter or influence the relationship between carbon emission disclosure and green innovation with firm value.
Copyright (c) 2025 Tasya Nabila, Nurhastuty Kesumo Wardhani https://creativecommons.org/licenses/by-sa/4.0
The Effect of Sustainability Report Disclosure and Firm Size on Firm Value with Profitability as a Moderating Variable: A Study of Mining Companies in Indonesia
This study examines the effect of sustainability report disclosure and firm size on firm value, with profitability as a moderating variable. A quantitative approach was employed, using secondary data obtained from financial statements, annual reports, and sustainability reports of mining companies listed on the Indonesia Stock Exchange (IDX), as well as information from the companies’ official websites, covering the period 2021–2023. Firm value was measured using Tobin’s Q ratio, sustainability report disclosure was assessed through the Sustainability Report Disclosure Index (SRDI) based on GRI standards, firm size was proxied by the natural logarithm of total assets, and profitability was measured using return on assets (ROA). The findings reveal that sustainability report disclosure does not have a significant effect on firm value, whereas firm size exerts a positive and significant effect. Moreover, profitability does not moderate the relationship between sustainability report disclosure and firm value, but it does strengthen the relationship between firm size and firm value in the mining sector. The findings imply that companies should enhance the quality of sustainability reports and integrate them into core business strategies, while investors are advised to evaluate both profitability and report quality for better insights into firm value. Future research may expand samples, extend periods, or explore other industries for comparison.
Copyright (c) 2025 Sheilla Sonnya, Nurhastuty Kesumo Wardhani https://creativecommons.org/licenses/by-sa/4.0
The Influence of CSR, Profitability, and CAR on Company Value (Case Study: Conventional Commercial Banks Listed on the IDX 2021–2024)
Examining the effects of CSR, profitability as measured by ROA, and CAR on company value in traditional commercial banks listed on the IDX for the years 2021–2024 is the aim of this research. The whole population of traditional commercial banks that were listed on the IDX between 2021 and 2024 is used in this analysis. This research uses secondary data analysis and a quantitative methodology. Purposive sampling with a number of well chosen criteria is the sampling method used, yielding a sample of 80 banks. Data was processed using Eviews 13 and using descriptive statistical analysis. Multiple linear regression analysis is the method of data analysis that is used. According to the study's findings, ROA significantly and favourably af ects business value, but CSR and CAR have no influence.
Copyright (c) 2025 Monica Kusuma Wardani, Gregorius Anggana Lisiantara https://creativecommons.org/licenses/by-sa/4.0
Effect of Internal Control, Accounting Information System, and Employee Performance on Financial Reporting Quality at Public Works Department of Muara Enim Regency
This study aims to analyze the influence of Internal Control, Accounting Information Systems, and Employee Performance on the Quality of Financial Reports at the Public Works and Spatial Planning Agency of Muara Enim Regency. The approach used is a quantitative method with data collection techniques through questionnaires distributed to employees directly involved in the process of preparing financial reports and internal auditors or inspectorates. Data analysis was conducted using multiple linear regression to test the influence of each variable partially and simultaneously. The results of the study indicate that partially, Internal Control, Accounting Information Systems, and Employee Performance have a positive and significant effect on the Quality of Financial Reports. Simultaneously, these three variables also have a significant effect on the Quality of Financial Reports. These findings indicate that the implementation of effective internal controls, optimal use of accounting information systems, and good employee performance can improve the quality of government agency financial reports. This study provides practical implications for government agencies to continue to strengthen internal control systems, maximize the use of accounting information technology, and increase human resource capacity to realize quality financial reports.
Copyright (c) 2025 Eltha Hasaelvana, Andini Utari Putri, R. Moh. Rum Hendarmin https://creativecommons.org/licenses/by-sa/4.0
The Impact of E-Wallet Usage on Personal Financial Management: A Case Study of Generation Z
This study examines the impact of e-wallet usage (EWU) on financial management (FM) among Generation Z in Indonesia, with a specific focus on the mediating role of financial literacy (FL). As digital natives, Gen Z exhibits high adaptability to financial technology (Fintech), particularly e-wallets, which offer convenience, speed, and integrated financial tools. However, the behavioral implications of e-wallet adoption—such as impulse buying and financial mismanagement—raise concerns about long-term financial well-being. Drawing on Financial Literacy Theory, the Behavioral Life-Cycle Hypothesis, and Self-Efficacy Theory, this research develops a conceptual framework linking e-wallet usage, financial literacy, and financial management. Using a quantitative approach, data were collected from 193 active Gen Z e-wallet users through a structured online survey. The study employed Partial Least Squares Structural Equation Modeling (PLS-SEM) to test four hypotheses. Results reveal that e-wallet usage significantly enhances both financial literacy and financial management. Moreover, financial literacy strongly influences financial management and mediates the relationship between e-wallet usage and PFM. These findings suggest that while e-wallets facilitate financial activities, their effectiveness in improving financial outcomes depends on users' financial literacy. Theoretically, this study extends digital finance literature by highlighting financial literacy as a behavioral pathway that translates technological engagement into responsible financial behavior. Practically, it offers policy recommendations for educators, fintech providers, and government stakeholders to promote digital financial literacy and responsible e-wallet usage among Gen Z. By fostering financial acumen alongside technological fluency, this research contributes to sustainable financial inclusion and resilience in the digital economy.
Copyright (c) 2025 Selvi Permata Groda, Nugraha Kusbianto https://creativecommons.org/licenses/by-sa/4.0