Articles
<![CDATA[FROM LIABILITY TO SUSTAINABILITY: HOW COST OF DEBT AND AUDIT COMMITTEE CHARACTERISTICS DRIVE GREEN INNOVATION? ]]>
<![CDATA[Manik, Sheren Mey Line Br]]>;
<![CDATA[Siagian, Valentine]]>;
<![CDATA[Maruli, Riky Sai]]>
<![CDATA[ Jurnal RAK (Riset Akuntansi Keuangan) Vol. 9 No. 2 (2024): Jurnal RAK (Riset Akuntansi Keuangan) ]]>
Publisher : <![CDATA[Universitas Tidar ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.31002/rak.v9i2.2067
<![CDATA[This study aims to investigate the impact of the cost of debt and audit committee characteristics on green innovation. The successful implementation of green innovation in the modern era has become essential for improving the overall quality of the sustainable environment. This study focuses on a sample of industrial sector entities listed on the Indonesia Stock Exchange that issued sustainability reports during the 2021–2022 period. Logistic regression analysis is employed as the primary analytical method. The findings reveal that the cost of debt and the characteristics of the audit committee do not significantly influence green innovation. This outcome may be explained by the limited data availability regarding the extent of research and development disclosures provided by industrial firms. The study aims to contribute meaningful insights to encourage listed industrial companies on the Indonesia Stock Exchange to enhance the comprehensiveness of their sustainability-related innovation disclosures.]]>
<![CDATA[The effect of auditor’s reputation and auditor’s opinion on stock prices: Evidence from IDX main board index ]]>
<![CDATA[Siagian, Valentine]]>
<![CDATA[ The Indonesian Accounting Review Vol. 13 No. 2 (2023): July - December 2023 ]]>
Publisher : <![CDATA[Universitas Hayam Wuruk Perbanas ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.14414/tiar.v13i2.3345
<![CDATA[This paper examines the effect of the auditor reputation and the auditor's opinion on the stock prices of the firm in the following year from Indonesia Main Board Index for the period of 2016 to 2020. This research aims to study the importance of the auditor's reputation and the opinion given to the value of the firm by their stock prices movements in the following year. Regression analysis was applied with control variable and year fixed effect to find out whether or not the reputation of the auditor and the opinion given by the auditor could affect the stock prices of the firm in each sample year. The result shows that auditor's reputation does affect the stock prices in the following year which means choosing BIG4 CPA firm will increase stock prices in the following year, while auditor's opinion does not affect the stock prices of the firm in the following year.]]>
<![CDATA[The effect of firm size and gender diversity on tax avoidance: case study on health companies listed on BEI in 2018-2022 ]]>
<![CDATA[Sitohang, Devi Leony Caroline]]>;
<![CDATA[Siagian , Valentine]]>
<![CDATA[ Gema Wiralodra Vol. 14 No. 3 (2023): Gema Wiralodra ]]>
Publisher : <![CDATA[Universitas Wiralodra ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.31943/gw.v14i3.580
<![CDATA[Abstract Tax avoidance is an effort by companies to avoid taxes by not violating applicable laws. This study aims to determine the effect of firm size and gender diversity on tax avoidance. Purposive sampling is a data collection technique used in this study and the method used is a quantitative method. The data used in this study is secondary data derved from IDX The population selected and meeting the criteria for the study was composed of 13 companies. The data analysis used was multiple linear regression using SPSS 25. The results of the test stated that firm size negatively affects tux avoidance, and GD1 and GD2 negatively affects tax avoidance. Keywords: Firm Size, Gender Diversity and Tax Avoidance Abstrak Tax Avoidance atau penghindaran pajak merupakan upaya perusahaan dalam mengindari pajak namun dengan tidak melanggar undang-undang yang berlaku. Penelitian ini bertujuan untuk mengetahui pengaruh Firm Size dan Gender Diversity terhadap penghindaran pajak. Purposive Sampling merupakan teknik pengumpulan data yang digunakan dalam penelitian ini dan metode yang digunakan adalah metode kuantitatif Data yang digunakan dalam penelitian ini merupakan data sekunder yang berasal dan IDX. Populasi yang dipilih dan yang memenuhi kriteria untuk penelitian ini adalah 13 perusahaan. Analisis data yang digunakan adalah regresi linear berganda dengan menggunakan SPSS 25. Hasil dari pengujian tersebut menyatakan baliwa Firm Size berpengaruh negatif terhadap Tax Avoidance dan GD1 dan GD2 berpengaruh negatif terhadap Tax Avoidance. Keywords: Firm Size (Ukuran Perusahaan) Gender Diversity dan Tax Avoidance ( Penghindaran Pajak)]]>
<![CDATA[Pengaruh Struktur Modal dan Biaya Operasional Terhadap PPh Badan Terutang Pada Perusahaan Jasa Subsektor Transportasi dan Logistik Yang Terdaftar di BEI Tahun 2018-2022 ]]>
<![CDATA[Hubert Sinaga, Darren Albertyan]]>;
<![CDATA[Siagian, Valentine]]>
<![CDATA[ Innovative: Journal Of Social Science Research Vol. 3 No. 5 (2023): Innovative: Journal of Social Science Research ]]>
Publisher : <![CDATA[Universitas Pahlawan Tuanku Tambusai ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
<![CDATA[Eksplorasi ini diharapkan dapat melihat dampak konstruksi modal dan biaya fungsional terhadap utang penilaian tahunan perusahaan. Pemeriksaan ini meliputi informasi dari penjamin pada subarea transportasi dan faktor koordinat yang tercatat pada perdagangan efek Indonesia periode 2018-2022. strategi pengujian yang digunakan adalah pemeriksaan purposif. Dari populasi 36 organisasi, 23 organisasi memenuhi model sebagai uji coba. Strategi pengumpulan informasi memanfaatkan informasi penjamin transportasi dan rencana operasional organisasi sub-area di BEI. Strategi penyelidikan informasi menggunakan pemeriksaan beragam regresi dengan bantuan aplikasi SPSS 25. Konsekuensi dari pengujian ini menyatakan bahwa variabel capital design tidak berpengaruh terhadap pph badan terutang perusahaan dan biaya fungsional berdampak pph badan terutang perusahaan..]]>
<![CDATA[Beyond Green : Assesing Environmental Cost Determinants ]]>
<![CDATA[Hilery Br Ginting, Jesicha]]>;
<![CDATA[Siagian, Valentine]]>;
<![CDATA[Tagal Gallena Sinaga, Judith]]>
<![CDATA[ Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 4 (2024): Dinasti International Journal of Economics, Finance & Accounting (September - O ]]>
Publisher : <![CDATA[Dinasti Publisher ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.38035/dijefa.v5i4.3391
<![CDATA[This study aims to evaluate the fundamental factors that impact the environmental costs borne by firms included in the ESG (Environmental, Social, and Governance) index. The factors that were taken into account and analyzed include the reputation of the company, the quality of the audits, and the size of the organization in relation to environmental costs. The data collection is entailed the examination of financial records and sustainability reports. The study's population comprised companies that were indexed based on (ESG) criteria for the period of 2018–2022. The data gathering process in this study yielded a total of 285 data points for analysis, obtained from 57 different companies. The study employed a quantitative methodology using ordinary least squares and included control variables and a fixed effect. The findings of this study suggest that reputation and firm size exert a substantial impact on environmental costs, whereas the quality of audits does not have a significant effect on environmental costs. Empirically, this result shows that the better the company's reputation and the bigger the company, the higher the environmental cost spent by that company. Thus, whichever public accounting firm handles the company, will not affect the amount of environmental costs spent.]]>
<![CDATA[The Impact of Financial Literacy and Digital Awareness on Investment Intentions ]]>
<![CDATA[Karundeng, Meidy Lieke]]>;
<![CDATA[Siagian, Valentine]]>;
<![CDATA[Hutabarat, Francis]]>;
<![CDATA[Pangaribuan, Hisar]]>
<![CDATA[ Ilomata International Journal of Tax and Accounting Vol. 5 No. 1 (2024): January 2024 ]]>
Publisher : <![CDATA[Yayasan Ilomata ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.52728/ijtc.v5i1.1014
<![CDATA[Investment intention is one important thing in life. This study investigates the impact of financial literacy and digital awareness on investment intentions. Questionnaires was given to potential and active small medium micro enterprises owners collected via an online survey. The questionnaires were analyzed using descriptive statistics and hypotheses was tested using multiple linear regression The results reveal a positive and significant correlation (0.018) between the two independent variables and investment intentions. The results highlight the importance of financial and digital education in enhancing individuals' propensity to invest, suggesting that improved literacy in these areas can foster greater investment activity. These insights are particularly valuable for policymakers and practitioners looking to bolster investment participation through educational initiatives, underscoring the need to integrate financial and digital literacy into public learning frameworks.]]>
<![CDATA[Pengaruh Audit Report Lag dan Corporate Social Responsibility terhadap Harga Saham ]]>
<![CDATA[Sihombing, Novi Yosefina]]>;
<![CDATA[Siagian , Valentine]]>;
<![CDATA[Pangaribuan, Hisar]]>
<![CDATA[ Jurnal Audit dan Perpajakan (JAP) Vol. 5 No. 2 (2025): Artikel Research Nopember 2025 ]]>
Publisher : <![CDATA[Information Technology and Science (ITScience) ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.47709/jap.v5i2.7219
<![CDATA[Penelitian ini bertujuan untuk menentukan pengaruh Audit Report Lag dan Corporate Social Responsibility (CSR) terhadap harga saham. Penelitian ini menggunakan sampling purposif, dengan kriteria perusahaan kesehatan yang terdaftar di Bursa Efek Indonesia dari tahun 2017 hingga 2024. Penelitian ini menggunakan data yang diperoleh dari laporan keuangan yang diaudit, laporan tahunan, dan laporan keberlanjutan. Penelitian ini menerapkan statistik deskriptif, uji normalitas, uji heteroskedastisitas, uji multikolinearitas, uji parsial, dan uji simultan. Hasil penelitian menunjukkan bahwa keterlambatan Audit Report Lag dampak negatif yang signifikan terhadap harga saham, sedangkan Corporate Social Responsibility (CSR) memiliki dampak positif yang signifikan terhadap harga saham. Secara bersamaan, kedua variabel independen tersebut memiliki dampak yang signifikan terhadap harga saham. Keunikan penelitian ini terletak pada sektor kesehatan dan periode 8 tahun dari 2017 hingga 2024. Penelitian ini juga memberikan wawasan baru tentang bagaimana keterlambatan laporan audit dan Corporate Social Responsibility (CSR) mempengaruhi harga saham sebagai kombinasi baru.]]>
<![CDATA[Pengaruh Eco-Efficiency dan Karakteristik Komite Audit terhadap Profitabilitas Perusahaan Sektor Infrastruktur yang Terdaftar di Bei Periode 2019-2023 ]]>
<![CDATA[Michael K T Marbun]]>;
<![CDATA[Valentine Siagian]]>;
<![CDATA[Hisar Pangaribuan]]>
<![CDATA[ Jurnal Pendidikan Tambusai Vol. 9 No. 3 (2025): Desember ]]>
Publisher : <![CDATA[LPPM Universitas Pahlawan Tuanku Tambusai, Riau, Indonesia ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
<![CDATA[Penelitian ini bertujuan untuk menguji pengaruh eco-efficiency dan karakteristik komite audit terhadap profitabilitas perusahaan infrastruktur yang terdaftar di Bursa Efek Indonesia periode 2019–2023. Sebanyak 25 perusahaan sektor infrastruktur dipilih melalui purposive sampling, dengan eco-efficiency (ISO 14001), jumlah anggota komite audit, frekuensi rapat, dan background keahlian akuntansi sebagai variabel independen serta Return on Assets (ROA) yaitu indikator profitabilitas sebagai variabel dependen. Analisis regresi linier berganda menggunakan SPSS 25 dilakukan setelah uji asumsi klasik. Hasil penelitian menunjukkan bahwa eco-efficiency tidak menunjukkan pengaruh signifikan terhadap profitabilitas, jumlah anggota komite audit berpengaruh positif signifikan terhadap profitabilitas, sementara frekuensi rapat dan background keahlian akuntansi komite audit justru berpengaruh negatif signifikan terhadap profitabilitas. Sementara itu, Temuan ini menegaskan bahwa efektivitas komite audit lebih dipengaruhi oleh struktur keanggotaannya dibandingkan dengan intensitas rapat atau background keahlian akuntansi, serta menunjukkan perlunya integrasi eco-efficiency yang lebih strategis untuk mendukung kinerja keuangan.]]>
<![CDATA[ESG Score and Cost of Debt: Evidence from Indonesia ]]>
<![CDATA[Siagian, Valentine]]>;
<![CDATA[Sinaga, Judith Tagal Gallena]]>;
<![CDATA[Sinaga, Nensy Dwi Putri]]>
<![CDATA[ Journal of Accounting and Investment Vol. 27 No. 1 (2026): January 2026 ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Yogyakarta, Indonesia ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.18196/jai.v27i1.27111
<![CDATA[Research aims: This study explores the influence of Environmental, Social, and Governance (ESG) practices on corporate debt costs. The primary objective is to determine whether comprehensive ESG adherence can function as a mechanism to reduce financial liabilities by lowering borrowing costs.Design/Methodology/Approach: The research employs a quantitative methodology, using a dataset of ESG scores from 635 firm-year observations in Indonesian data covering 2013-2022, and analyzes it using OLS regression. The analytical approach involves comparing corporate debt costs with overall ESG scores and with the disaggregated ESG scores independently.Research findings: ESG scores are associated with lower debt costs. However, when the components are analyzed separately, only the Governance score shows a statistically significant negative correlation with debt costs. Environmental and Social scores do not demonstrate a meaningful standalone effect. It suggests that creditors place greater emphasis on governance-related factors in assessing credit risk.Theoretical contribution/Originality: This study makes a significant contribution to the literature on sustainable finance by providing empirical evidence of the differential impact of ESG components on corporate financing costs. It advances understanding of how ESG factors, particularly governance, shape firms’ financial outcomes.Practitioner/Policy implication: The results highlight the strategic importance of governance-focused ESG initiatives for firms seeking to lower financing costs. Policymakers and corporate strategists should recognize the value creditors place on governance practices and incorporate this insight into ESG frameworks and disclosure standards.]]>
<![CDATA[Green Innovation, Sustainability Growth Rate, and Firm Performance Evidence from Indonesia ]]>
<![CDATA[Siagian, Harlyn]]>;
<![CDATA[Siagian, Valentine]]>
<![CDATA[ Jurnal Ilmiah Manajemen Kesatuan Vol. 13 No. 5 (2025): JIMKES Edisi September 2025 ]]>
Publisher : <![CDATA[LPPM Institut Bisnis dan Informatika Kesatuan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.37641/jimkes.v13i5.3356
<![CDATA[The growing emphasis on environmental sustainability has prompted firms to adopt green innovation and sustainable growth strategies to enhance performance while addressing ecological concerns. This study investigates the impact of green innovation and sustainability growth rate on firm performance among Indonesian companies. Utilizing regression analysis with panel data from 2013 to 2022, sourced from the Bloomberg database, the research examines key performance metrics: return on assets, return on equity, and net profit margin. The findings indicate that green innovation negatively affects short-term financial performance, particularly return on assets and net profit margin, likely due to high initial costs of technology adoption and compliance. Conversely, the sustainability growth rate exhibits a strong positive correlation with all performance metrics, highlighting its role in enhancing profitability and operational efficiency. These results suggest that while green innovation may pose short-term financial challenges, prioritizing sustainable growth can yield significant long-term benefits. The study underscores the need for strategic implementation of green practices and supportive policies to balance environmental goals with financial viability, offering insights for policymakers and business leaders aiming to foster sustainable development in Indonesia’s industrial sector.]]>
