Research in Accounting Journal (RAJ)

The Impact of Corporate Social Responsibility and Investment Opportunity Set on Firm Value: The Moderating Role of Good Corporate Governance

2025-04-22T20:21:54+07:00

This study aims to provide empirical evidence on the influence of Corporate Social Responsibility (CSR) and Investment Opportunity Set (IOS) on Firm Value, with Good Corporate Governance (GCG) as a moderating variable in state-owned enterprises (SOEs) listed on the Indonesia Stock Exchange (IDX) during the 2018–2022 period. The research population consists of all SOEs listed on the IDX within the specified period. A purposive sampling method was employed, using specific criteria determined by the researcher, resulting in a sample of 14 companies out of a total of 24. The hypotheses in this study were tested using the Outer Model and Inner Model through the SmartPLS v3.0 software. The results of the study conclude that Corporate Social Responsibility has no significant effect on Firm Value, while the Investment Opportunity Set does have a significant impact on Firm Value. Furthermore, Good Corporate Governance strengthens the relationship between Corporate Social Responsibility and Firm Value, but does not moderate the relationship between the Investment Opportunity Set and Firm Value.

Integrated Reporting: “The Road Traveled So Far, Where It Stands, and Where It is Heading"

2025-04-23T11:10:01+07:00

This study provides a comprehensive exploration of Integrated Reporting (IR), examining its origins, current adoption trends, and future trajectories as a response to the limitations of traditional financial reporting. By integrating financial and non-financial data, IR aims to offer a holistic view of organizational performance, emphasizing connectivity, materiality, and stakeholder engagement. Despite its theoretical promise, IR faces implementation challenges, including conceptual ambiguity, inconsistent adoption, and the non-binding nature of frameworks like the International Integrated Reporting Council (IIRC). The study employs a qualitative, exploratory-descriptive methodology, analyzing secondary data from peer-reviewed literature, institutional reports, and regulatory documents to map global IR adoption patterns. Findings reveal significant regional disparities, with the Asia Pacific leading in adoption (42.1%), followed by the Middle East & Africa (27.1%) and Europe (25.1%). Recent developments, such as the merger of the IIRC and the Sustainability Accounting Standards Board (SASB) into the Value Reporting Foundation (VRF) and the creation of the International Sustainability Standards Board (ISSB), highlight IR’s evolving role in global sustainability reporting. While IR enhances transparency and long-term value creation, its success hinges on addressing stakeholder inclusivity, standardizing materiality assessments, and fostering collaboration among regulators, investors, and corporations. The study concludes that IR represents a progressive shift in corporate reporting but requires clearer guidance and broader institutional support to realize its full potential as a tool for sustainable business practices.

The Influence of Tax, Institutional Ownership, and Profitability on Dividend Policy

2025-04-23T13:16:30+07:00

This study investigates the impact of profitability, institutional ownership, and dividend policy on the firm value of Indonesian companies listed on the Indonesia Stock Exchange (IDX). Using a sample of companies from the manufacturing sector, the research examines how these financial variables influence the market value of firms. The study also explores the moderating role of tax planning and the relationship between dividend policies and firm profitability. The results indicate that profitability and institutional ownership have a significant positive effect on firm value, while dividend policy plays a crucial moderating role in enhancing firm value. Tax planning is also found to have a positive moderating effect on the relationship between profitability and firm value. These findings highlight the importance of maintaining a balance between profit distribution and retaining earnings for corporate growth. The study contributes to the broader understanding of corporate finance strategies, especially in emerging markets like Indonesia.

Earnings Quality in Motion: Analyzing the Role of Profitability, Firm Characteristics, and Audit Practices (2019–2023)

2025-04-23T16:26:03+07:00

The transportation and logistics sector plays a crucial role in supporting consumption activities across communities and industries, including trade, services, manufacturing, and construction. These sectors are widely recognized as key drivers of national economic growth. This study aims to examine the impact of Profitability, Company Size, Company Age, Audit Quality, and Audit Committee on Earnings Quality within the transportation and logistics sector during the period 2019–2023. The research utilizes secondary data derived from company financial statements, with a purposive sampling method employed to select the sample. A total of 22 companies were included in the study. Quantitative analysis was conducted using SmartPLS. The findings reveal that Company Size has a negative effect on Earnings Quality, while Company Age has a positive effect. Meanwhile, Profitability, Audit Quality, and Audit Committee were found to have no significant effect on Earnings Quality. High-quality earnings reflect a company’s true financial performance and serve as a reliable indicator for predicting future earnings.

The Impact of Accounting Information Systems, Internal Audit, and Human Resource Quality on Employee Performance at PT. Bumi Berdikari Sentosa

2025-04-25T07:24:05+07:00

This study aims to examine the influence of accounting information systems, internal audit, and the quality of human resources on employee performance at PT. Bumi Berdikari Sentosa. The data collection method employed in this research is a questionnaire. The population consists of all 55 employees of PT. Bumi Berdikari Sentosa, with a sample of 45 employees selected through purposive sampling. The data analysis techniques used include descriptive analysis, data quality testing, classical assumption testing, multiple linear regression analysis, hypothesis testing, and the coefficient of determination test.
The findings reveal that the accounting information system has a significant positive effect on employee performance. In contrast, internal audit does not show a significant effect on employee performance. Meanwhile, the quality of human resources significantly influences employee performance.