Article Per Year (5 Year)
p-Index From 2021 - 2026
0.562
P-Index
This Author published in this journals
All Journal Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Lucy Sri Musmini
Pascasarjana Universitas Pendidikan Ganesha, Singaraja, Indonesia.
Economics, Econometrics & Finance

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 3 Documents
Search

 1 
Moderation of Environmental Performance on the Influence of Environmental Management Accounting and Green Innovation on Firm Value Ni Wayan Candrawati Dewi; I Gusti Ayu Purnamawati; Lucy Sri Musmini
Dinasti International Journal of Economics, Finance & Accounting Vol. 6 No. 5 (2025): Dinasti International Journal of Economics, Finance & Accounting (November - De
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v6i5.5501

Abstract

This study was conducted to examine the relationship between Environmental Management Accounting (EMA) and green innovation on firm value with the moderation of environmental performance. The research was carried out on manufacturing companies, with a population of all manufacturing firms listed on the Indonesia Stock Exchange (IDX) during 2022–2024, totaling 171 companies. The sample was selected using purposive sampling, resulting in 79 companies that met the criteria, and with a three-year observation period, 237 financial reports were obtained. Data collection was conducted using documentation methods and analyzed with Moderated Regression Analysis (MRA) using STATA software. The results show that both EMA and green innovation partially have a positive and significant effect on firm value, while environmental performance does not strengthen the relationship between EMA and firm value nor between green innovation and firm value.
The Influence of ESG Disclosure on Stock Prices of Banking Companies Desak Putu Ratna Dewi; Lucy Sri Musmini
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 6 (2025): Dinasti International Journal of Economics, Finance & Accounting (January - Feb
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i6.6235

Abstract

This study aims to examine the effect of Environmental, Social, and Governance (ESG) disclosure on stock prices of banking sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2025 period. The study is grounded in signaling theory, which suggests that non-financial information can be used by companies to convey quality and future prospects to investors. A quantitative approach was employed using panel data regression analysis, with the sample selected through purposive sampling. The independent variables consist of environmental, social, and governance disclosure, while the dependent variable is stock price. The results indicate that ESG disclosure does not have a significant effect on stock prices in the banking sector, either partially or simultaneously. These findings suggest that ESG information has not yet demonstrated strong value relevance in investment decision-making within the banking industry, as investors tend to prioritize financial information over non-financial disclosures. Furthermore, ESG disclosure in Indonesian banking remains largely compliance-driven and relatively homogeneous across firms. This study provides implications for banking companies to enhance the quality and differentiation of ESG disclosure and serves as a reference for future research.
Examining the Practice of Voluntary Disclosure Programs for Individual Taxpayers Ni Made Peramini Sagita Wiranata; Lucy Sri Musmini; Anantawikrama Tungga Atmadja
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 6 (2025): Dinasti International Journal of Economics, Finance & Accounting (January - Feb
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i6.6248

Abstract

This study aims to explain taxpayers’ perceptions of the Voluntary Disclosure Program (VDP) and its implementation practices. A qualitative approach with a critical paradigm was employed to explore the VDP phenomenon, which continues to generate debate, particularly from the taxpayers’ perspective. Data were collected through observation, interviews, and documentation involving 12 informants, consisting of eight taxpayers, two tax consultants, and two tax officers. Data analysis followed an interactive model comprising data collection, data reduction, data display, and conclusion drawing. The findings indicate several factors that discourage taxpayers from participating in the VDP, including a lack of trust in the tax system, concerns about tax rates, the perception that there are no undisclosed tax obligations, as well as psychological factors and fear. Insufficient information regarding the benefits and procedures of the VDP also contributes to non-participation. Interestingly, taxpayers who participated in the VDP did not fully support the program; many joined merely to demonstrate formal compliance with regulations, despite having no genuine intention or moral willingness to participate. These findings highlight the importance of strengthening trust, enhancing understanding, and improving the socialization of the VDP to encourage conscious and genuinely voluntary taxpayer participation.
Co-Authors Anantawikrama Tungga Atmadja Desak Putu Ratna Dewi I Gusti Ayu Purnamawati Ni Made Peramini Sagita Wiranata Ni Wayan Candrawati Dewi