Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Jurnal Reviu Akuntansi dan Keuangan Diponegoro Journal of Accounting
Ardina Nuresa
Unknown Affiliation
Economics, Econometrics & Finance

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
PENGARUH EFEKTIVITAS KOMITE AUDIT TERHADAP FINANCIAL DISTRESS Ardina Nuresa; Basuki Hadiprajitno
Diponegoro Journal of Accounting Volume 2, Nomor 2, Tahun 2013
Publisher : Diponegoro Journal of Accounting

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (206.907 KB)

Abstract

This study analyzes the impact of audit committee effectiveness on financial distress by using discriminant analysis (z-score). The effectiveness of audit committee can be seen from size of audit committee, independence of audit committee, frequency of audit committee meeting, and financial knowledge of audit committee. This study use one control variable is firm size. Population that use in this study is 603 listed manufactured firms in Indonesia Stock Exchange in 2008-2011. Based on purposive sampling method, there are 209 samples consist of 33 financially distressed firms and 176 non financially distressed firms. Financial distress criteria is measure by discriminant analysis (z-score). Data analysis using logistic regression with SPSS 16. The result show that frequency of audit committee meeeting and financial knowledge of audit committee have significant negative affect with financial distress. 
Do ESG Disclosure and Financial Reporting Quality Improve Firm Value? The Moderating Role of Financial Constraints: Study Between Indonesia and Malaysia Ardina Nuresa; Fatima, Hanifatul
Jurnal Reviu Akuntansi dan Keuangan Vol. 16 No. 1 (2026): Jurnal Reviu Akuntansi dan Keuangan
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jrak.v16i1.42866

Abstract

Purpose: This study aims to investigate the effect of Environmental, Social, and Governance (ESG) disclosure and Financial Reporting Quality (FRQ) on firm value, with Financial Constraint (FC) as a moderating variable. The research focuses on manufacturing companies in Indonesia and Malaysia. Methodology/approach: The study employs panel data analysis using EViews 12 software. The sample consists of publicly listed manufacturing firms from Indonesia and Malaysia. ESG disclosure and FRQ are measured based on secondary data from annual and sustainability reports, while FC serves as the moderating variable to test its conditional impact on the main relationships.  Findings: The results indicate that ESG disclosure significantly enhances firm value by fostering investor confidence and strengthening corporate legitimacy. Conversely, FRQ does not directly affect firm value, suggesting that financial transparency alone is insufficient without ethical and sustainable commitments. Furthermore, FC strengthens the relationship between ESG disclosure and firm value, implying that firms maintaining sustainability initiatives under financial constraints are perceived as more resilient and trustworthy. However, FC does not moderate the relationship between FRQ and firm value. Practical implications: The findings highlight the importance for managers and policymakers to integrate transparency and sustainability as complementary strategies for long-term value creation. Companies should not only focus on financial reporting quality but also enhance ESG performance to attract responsible investors and maintain legitimacy in competitive markets.  Originality/value: This study contributes to the limited comparative literature on Indonesia and Malaysia by integrating ESG disclosure, financial reporting quality, and financial constraints into a single model. It emphasizes that firm value in the modern era is increasingly shaped by honesty, accountability, and resilience under financial challenges.
Co-Authors Basuki Hadiprajitno Fatima, Hanifatul