Berkala Akuntansi dan Keuangan Indonesia

EXPLORING THE ROLE OF ETHICAL RELATIVISM, MENTAL ACCOUNTING, AND TAX DIGITALIZATION IN MSME TAX COMPLIANCE

Ahmad Danang Sagita — 2025-09-08

This study aims to provide empirical evidence on the influence of ethical relativism, mental accounting, and tax digitalization on tax compliance among MSME taxpayers at KPP Pratama Banyuwangi. Using a quantitative approach, this research involves 120 individual MSME taxpayers selected through accidental sampling. Data were analyzed using multiple linear regression assisted by SPSS version 26. The results show that ethical relativism does not significantly affect tax compliance, as taxpayer decisions tend to be guided more by regulatory and rational considerations than by moral perspectives. In contrast, both mental accounting and tax digitalization have a positive and significant influence, indicating that effective financial categorization and accessible digital tax services enhance taxpayer compliance. These findings suggest that psychological and technological factors play a vital role in fostering tax compliance beyond ethical reasoning. The implication of this research highlights the importance for tax authorities to improve digital infrastructure and taxpayer financial literacy as strategic steps to increase compliance rates

THE DOUBLE-EDGED EFFECT OF CORPORATE GOVERNANCE: THE INTERACTION OF MANAGERIAL ABILITY AND CORPORATE GOVERNANCE REDUCES SUSTAINABILITY REPORTING

Dieza Risqi Ardila Yusuf — 2025-03-30

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.

SUCCESS FACTORS OF EQUITY CROWDFUNDING AND RURAL BANKS

Sumiyati Sumiyati — 2025-03-30

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.

FINANCIAL DISTRESS AND INDONESIAN MANUFACTURING STOCK PRICES: A ZMIJEWSKI-GROVER MODEL

Akhmad Akram Hirman — 2025-03-30

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.

ANALYSIS OF INTERNATIONAL BOYCOTT ON STOCK PERFORMANCE AND VALUE OF MANUFACTURING COMPANIES ON THE IDX

Wiwit Anisa — 2025-03-30

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.

FINANCIAL LITERACY, DEMOGRAPHIC FACTORS, OVERCONFIDENCE, AND INVESTMENT DECISIONS AMONG UNIVERSITY STUDENTS IN INDONESIA'S MAJOR CITIES

Helma Malini — 2025-07-26

This study aims to examine the influence of financial literacy, gender, age, income, ethnicity, and semester on overconfidence and investment decisions among university students in three major cities in Indonesia (Jakarta, Bandung, and Surabaya). It also investigates the role of overconfidence as a mediating variable in the relationship between these factors and investment decisions. This research uses a quantitative approach with an associative research design. The population includes all university students in Jakarta, Bandung, and Surabaya who have invested in stocks. A sample of 100 respondents was selected using purposive sampling, with criteria that respondents must be university students (from both public and private universities in these cities) who have not graduated, are listed stock investors in the Indonesia Stock Exchange, are at least 18 years old, and have been investing in the stock market for a minimum of one year.

The results show that financial literacy, income, and semester positively influence overconfidence, while gender, age, and ethnicity do not. Financial literacy positively influences investment decisions, whereas gender, age, income, ethnicity, and semester do not. Overconfidence positively influences investment decisions. Financial literacy impacts investment decisions with overconfidence as a mediating variable, while gender, age, income, ethnicity, and semester do not have such an influence through overconfidence

NAVIGATING TAX COMPLIANCE: THE INTERPLAY OF SELF-ASSESSMENT, SERVICE QUALITY, AND SANCTIONS AMONG INDIVIDUAL TAXPAYERS

Hendro Paulus — 2025-08-28

This study aims to analyze the effect of the self-assessment system, service quality, and tax sanctions on individual taxpayer compliance at KPP Pratama Jakarta Pasar Rebo. A quantitative approach was used by distributing questionnaires to 100 respondents selected through simple random sampling technique. The data were analyzed using the Structural Equation Modeling (SEM) method based on Partial Least Square (PLS) through the SmartPLS Version 4.0 application. The results showed that the self-assessment system and service quality had a positive and significant effect on taxpayer compliance. In contrast, tax sanctions have no significant effect, which indicates the weak implementation of sanctions in the field. This finding supports the Theory of Planned Behavior (TPB) framework, where attitudes, subjective norms, and perceptions of behavioral control are formed more strongly through good systems and services, not through the threat of sanctions alone.

TAX AVOIDANCE POTENSIAL BASED ON FINANCIAL PERFORMANCE, CSR, AND FIXED ASSET INTENSITY

DEDEN TARMIDI — 2025-03-31

The study objectives to be achieved are to provide understanding and knowledge to the public, especially the government, management, investors and creditors regarding the potential for corporate tax avoidance based on financial performance, corporate social responsibility, and fixed asset intensity and can be used as a reference for further researchers and reference for stakeholders such as management, investors, creditors and the government in making relevant and reliable decisions. The study was conducted with a multiple linear regression approach in testing the hypothesis, and the data collection technique used purposive sampling method. The sample in the study is a manufacturing company in the consumer goods sector listed on the Indonesia Stock Exchange from 2018 to 2022 and has positive profits. The results showed that high corporate financial performance has the potential to minimise tax avoidance, this is because the resources owned by the company are able to encourage the company to pay taxes according to applicable regulations.. While corporate social responsibility or fixed asset intensity has no effect on tax avoidance.