https://e-journal.unair.ac.id/BAKI/issue/feedBerkala Akuntansi dan Keuangan Indonesia2025-03-30T20:44:14+07:00Alfa Rahmiatialfa@feb.unair.ac.idOpen Journal Systems<p><strong>BAKI (Berkala Akuntansi dan Keuangan Indonesia) (English: BAKI (Indonesian Accounting and Finance Periodical))</strong></p> <p><a href="https://portal.issn.org/resource/ISSN/2460-4496" target="_blank" rel="noopener">ISSN International Centre</a> | <a href="http://issn.pdii.lipi.go.id/issn.cgi?daftar&1430899106&1&&" target="_blank" rel="noopener">ISSN: 2460-4496 (online)</a> | <a href="http://issn.pdii.lipi.go.id/issn.cgi?daftar&1431499800&1&&" target="_blank" rel="noopener">ISSN: 2459-9581 (Print)</a></p> <p>BAKI is a peer-reviewed journal and open access biannually (March and September) published by Departemen Akuntansi, Fakultas Ekonomi dan Bisnis Universitas Airlangga. BAKI joins <a href="http://iaiglobal.or.id/v03/kompartemen/aliansi-jurnal" target="_blank" rel="noopener">Aliansi Jurnal Akuntansi</a> (Accounting Journal Alliance) run by Institute of Indonesia Chartered Accountant Compartment of Accounting Educator (Ikatan Akuntan Indonesia Kompartemen Akuntan Pendidik/ IAI-KAPd). BAKI aims to publish articles in the field of <strong>Financial Accounting, Managerial Accounting, Public Sector Accounting, Auditing and Forensic Accounting, Accounting Education, Tax Accounting, Capital Markets and Investments, Accounting Information Systems, and Environmental Accounting</strong>. BAKI accepts manuscripts of both quantitative and qualitative research based on its originality, relevance, and contribution to the development of accounting practice and profession in Indonesia. BAKI publishes papers: 1) review papers, 2) basic research papers, and 3) case study papers.</p> <p>BAKI has been indexed in <a href="https://doaj.org/toc/2460-4496?source=%7B%22query%22%3A%7B%22bool%22%3A%7B%22must%22%3A%5B%7B%22terms%22%3A%7B%22index.issn.exact%22%3A%5B%222459-9581%22%2C%222460-4496%22%5D%7D%7D%5D%7D%7D%2C%22size%22%3A100%2C%22sort%22%3A%5B%7B%22created_date%22%3A%7B%22order%22%3A%22desc%22%7D%7D%5D%2C%22_source%22%3A%7B%7D%2C%22track_total_hits%22%3Atrue%7D">DOAJ</a>, <a href="https://sinta.kemdikbud.go.id/journals/profile/6928">Sinta 3</a>, <a href="https://app.dimensions.ai/discover/publication?search_text=berkala%20akuntansi%20dan%20keuangan&search_type=kws&search_field=full_search&or_facet_source_title=jour.1365033">Dimensions</a>, <a href="https://search.crossref.org/?from_ui=yes&q=berkala%20akuntansi%20dan%20keuangan%20indonesia" target="_blank" rel="noopener">Crossref</a>, and others indexing. This journal has been accredited as a 3<sup>rd</sup> Grade Scientific Journal (Sinta 3) by the Ministry of Research, Technology, and Higher Education of Indonesia since 23 December 2020.</p> <p>All submissions should be formatted in accordance with<a href="https://docs.google.com/document/d/1DOfSi8S8DDLPYdATKdN_11lyL-cRPVvt/edit" target="_blank" rel="noopener"> BAKI template</a> and through Open Journal System (OJS) only. The guidance is provided below:</p> <p><a href="https://drive.google.com/drive/u/0/folders/1wp8S8NvYtO5bMn01CQc4lh2aggtSWTh8" target="_blank" rel="noopener">Author: Registration and Article Submission</a></p> <p><a href="https://drive.google.com/file/d/1z2kR-WOTAnUarb6R-CEMt6satHzHo0LM/view" target="_blank" rel="noopener">Author: Revising, Editing, and Layouting</a></p> <p><a href="https://drive.google.com/drive/u/0/folders/1wp8S8NvYtO5bMn01CQc4lh2aggtSWTh8" target="_blank" rel="noopener">Reviewer: Reviewing process and reviewer results submission</a></p>https://e-journal.unair.ac.id/BAKI/article/view/55272THE DOUBLE-EDGED EFFECT OF CORPORATE GOVERNANCE: THE INTERACTION OF MANAGERIAL ABILITY AND CORPORATE GOVERNANCE REDUCES SUSTAINABILITY REPORTING2024-03-27T07:58:24+07:00Dieza Risqi Ardila Yusuf190221100176@student.trunojoyo.ac.idFrida Fanani Rohmafrida.frohma@trunojoyo.ac.id<p><em>This research aims to investigate the interaction effect of governance on the relationship between managerial ability and sustainability reporting in the banking industry in Indonesia. A green economy with social, environmental, and sustainability aspects is a substantial issue that is considered to have an impact on capital markets and foreign investment. Banking has a significant role in green financing to maintain environmental and financial stability. Thus, sustainable reporting is crucial for stakeholders as a sustainable green economy develops. This research uses quantitative methods involving banking data in Indonesia listed on the Indonesia Stock Exchange. The results of this research show that managerial ability can encourage sustainability reporting. Interestingly, the findings of this study show that corporate governance reduces the influence of managerial ability on sustainability reporting. Thus, the existence of good working principles does not mean that it can prevent individuals from rationalizing opportunistic actions. An organized instrumental climate in a governance system can be a double-edged sword that encourages individuals to optimize group interests by minimizing information disclosure to reduce disclosure costs.</em></p>2025-03-30T00:00:00+07:00Copyright (c) 2025 Dieza Risqi Ardila Yusuf, Frida Fanani Rohmahttps://e-journal.unair.ac.id/BAKI/article/view/50956SUCCESS FACTORS OF EQUITY CROWDFUNDING AND RURAL BANKS2023-10-26T10:37:33+07:00Sumiyati Sumiyatisumiyati.lec2019@gmail.com<p><em>The campaign success factors of Equity Crowdfunding (ECF), such as the size of the project to be financed, profitability, liquidity, the amount of funding successfully funded by investors, the age of the company, and the number of targets achieved, influence company owners to choose bank financing or ECF. This research aims to determine whether ECF can replace the role of banks or complement it. The population of this study is made up of banks and ECF fintech institutions in Indonesia. The sample banks have at least one branch office in a region, while ECF institutions are ECFs that have an official Financial Services Authority (OJK) license. Hypotheses will be tested with logistic regression.The research results indicate that ECF can replace the role of banks, especially for start-up companies, but can also complement the role of banks, especially for MSMEs whose businesses have been running for a long time. This research is expected to provide a new perspective on the role of ECF and banks, especially for small and start-up companies, which are currently growing very rapidly and can support the national economy.</em></p>2025-03-30T00:00:00+07:00Copyright (c) 2025 Sumiyati Sumiyatihttps://e-journal.unair.ac.id/BAKI/article/view/58919FINANCIAL DISTRESS AND INDONESIAN MANUFACTURING STOCK PRICES: A ZMIJEWSKI-GROVER MODEL2024-08-12T01:06:55+07:00Akhmad Akram Hirmanakhmad.akram.hirman-2023@feb.unair.ac.idTaskuruntaskurun.385750-2022@feb.unair.ac.idAndi Ramdan Al Qadriandi.ramdan.al-2023@psikologi.unair.ac.id<p>This study aims to test and analyze the effect of financial distress on stock prices using two models, namely Zmijewski (1984) and Grover (2001), on manufacturing companies, especially in the textile sector, electronic and computer products, automation and transportation, paper, and chemical products. This research design is Descriptive Statistics. The sample consisted of 53 manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2018 to 2023, with 318 data. The sampling method used is a quantitative descriptive technique. The data analysis method applied is multiple linear regression analysis. The results showed that financial distress, as measured by two models, namely Zmijewski (1984) and Grover (2001), has a significant negative effect on stock prices, where the X-score value has a more significant influence than the G-score in reducing the stock price.</p>2025-03-30T00:00:00+07:00Copyright (c) 2025 Akhmad Akram Hirman, Taskurun, Andi Ramdan Al Qadrihttps://e-journal.unair.ac.id/BAKI/article/view/67085ANALYSIS OF INTERNATIONAL BOYCOTT ON STOCK PERFORMANCE AND VALUE OF MANUFACTURING COMPANIES ON THE IDX2025-02-11T19:41:43+07:00Wiwit Anisawiwit.anisa@mhs.uingusdur.ac.idHerni Nursetianaherni.nursetiana@mhs.uingusdur.ac.idVersiandika Yudha Pratamavesiandika.yudha.pratama@uingusdur.ac.id<table width="624"> <tbody> <tr> <td width="427"> <p><em>This study aims to analyze the impact of international boycotts on stock performance and corporate value of manufacturing companies listed on the Indonesia Stock Exchange (IDX). The method used in this study is a quantitative study with an event study approach, which analyzes market reactions to the boycott event after the issuance of MUI Fatwa No. 83 of 2023 on November 8, 2023. The data used include stock values from Yahoo Finance, trading volume data, and quarterly financial reports of companies published on the IDX. The research sample was taken using a purposive sampling technique, focusing on companies affiliated with Israel that experienced a boycott. The data analysis technique used a normality test, significance test, and paired t-test. The results of this study indicate that the boycott did not have a significant effect on the stock performance of the affected companies, with no decrease in abnormal returns and TVA in the 15-day period after the boycott announcement. In addition, there was no significant decrease in company value, as measured by profitability, namely Return on Assets (ROA). Meanwhile, in measuring liquidity, namely the Current Ratio (CR), there was a significant decline in companies experiencing boycotts.</em></p> </td> </tr> </tbody> </table>2025-03-30T00:00:00+07:00Copyright (c) 2025 Wiwit Anisa, Herni Nursetiana, Versiandika Yudha Pratama