AKRUAL: Jurnal Akuntansi

The Role of GRI on Financial Performance Phenomenon

Achmad Soediro — 2024-03-17

The orientation of this study is to prove the competence of CSR disclosure using the GRI index on the effect of financial performance on the value of Islamic Bank companies in Indonesia. By using FDR, ROA, and CAR as proxies for independent variables, EVA as a proxy for the dependent variable, GRI as a proxy for moderation variables, and Islamic Commercial Banks in Indonesia for the period 2017-2021 as research objects. This study uses secondary data in the form of 50 financial statements which are then processed and analyzed using MRA (Moderation Regression Analysis). The results show that GRI is able to moderate and strengthen the effect of Financial Performance both partially and simultaneously on firm value. Maqashid Sharia and Islamic Worldview answer the research problem by explaining that after the company meets its business objectives (maximizing profits), the next is to fulfill social goals through CSR practices as part of Islamic law to increase company value and achieve His pleasure.

How Do Profitability and ISO 14001 Certification Impact on Sustainability Reporting?

Susi Handayani — 2024-03-17

The research objective is to explain how profitability and ISO 14001 certification impacts the sustainability reporting. The extent of disclosure in sustainability reporting is influenced by several things including profitability and ISO 14001 certificate. The ISO 14001 is very important for mining companies as well as the basic and chemical sectors that have negative impacts on the environment and society. Concern for economic growth, social development and environmental welfare is one of the reasons companies are going concern. Profitability is a measure of company performance and ISO 14001 certificate is a reward for the implementation of the triple bottom line. Activities related to GCG and CSR can be reported separately by the company on the company's website or reported in the annual report and sustainability reporting. In this study using a dummy variable for the dependent variable sustainability reporting, so that the analysis uses logistic regression analysis. This study uses a sample of mining companies as well as basic and chemical industry companies which are industries whose operations have a significant impact on the environment. The results of the study explain that profitability has no effect on sustainability reporting, because some profitable companies consider it unnecessary to disclose non-financial information, while companies that experience losses focus on the company's financial performance. On the other hand, the ISO 14001 certification obtained by the company, which means that the company has carried out environmental management, has a positive impact in that the company discloses sustainability reporting.

Company's Characteristics and Social Disclosure: Earnings Response Coefficient as A Mediator

Abd Rohman Taufiq — 2024-03-17

This research aims to examine the influence of leverage, company size and social disclosure on the earnings response coefficient as an intervening variable. This type of research uses associative studies which suggest variable relationships using quantitative methods. The population in this research is manufacturing companies that were registered with an IPO before 2016 and were still listed on the IDX from 2016 to 2020, totaling 52 companies. The results of this research show that leverage ability, company size, and social disclosure have an influence on the earning response coefficient. For this reason, this regression model is suitable for testing to examine the effect of leverage on the earning response coefficient. Furthermore, the company size variable has a positive influence on ERC in various industrial sector companies on the Indonesian Stock Exchange. The larger the company size is considered to increase the market response because the company is considered capable of providing high returns. The social disclosure variable has no influence on ERC in various industrial sector companies on the Indonesian Stock Exchange. Social disclosure is a principle or reaction carried out by companies to participate in community activities in general. This practice causes the company's asset value and profits to be low, while the debt value and losses are high. Thus, high social disclosure is considered to reduce market response. On the other hand, low social disclosure is considered to increase market response.

The Effect of Corporate Social Responsibility on Earnings Management and Investors' Response to Non-Financial Companies in Indonesia

Muhammad Zaki Adriansyah Zaman — 2024-03-17

The novelty of the study examines the effect of CSR disclosure on two factors that appear within the company, namely internal factors in the form of earnings management by company management and external factors in the form of investors’ responses by investors outside the company. This study aims to test empirical evidence about the effect of CSR disclosure on earnings management and investors’ response to non-financial sector of companies in Indonesia. The research data is sourced from 720 sustainability report and annual report data of non-financial companies listed on the IDX during 2018-2021 period with a purposive sampling method. The results showed that CSR disclosure has a negative effect on earnings management and CSR disclosure has a positive effect on investors’ response. The findings of this study indicate that CSR disclosure reflects ethical behavior so that financial reports are more transparent and earnings management practices will decrease, while CSR disclosure provides a signal in the form of good news that can attract investors to buy company shares.

The Effort to Realize Government Effectiveness Through Implementation Fully Accrual Accounting and Control Against Corruption

Siti Faradila S. Saud — 2024-03-17

This study aims to analyze how far the influence of the implementation of the accrual accounting public sector on government and control of corruption can increase government effectiveness. Using cross-country data for 2020 with a final sample of 194 countries, the results of this study show that the accrual accounting public sector and the Corruption Perception Index (CPI) has a positive effect on government effectiveness. This means that countries that fully adopt accrual accounting and/or have control of corruption (a high Corruption Perception Index score) tend to have better government effectiveness, and vice versa. The results of this study imply that it is necessary to fully implement accrual accounting-based government financial reporting. In addition, to increase government effectiveness, it is necessary to make effective law enforcement and control strategies to prevent corruption.