Jurnal Dinamika Akuntansi dan Bisnis (JDAB)
Vol. 13 No. 1 (2026): March 2026

Honest Growth Pays Off: Understanding the Powerful Impact of Corruption Control on Businesses

Amrie Firmansyah (Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta, Indonesia)
Nafis Dwi Kartiko (Directorate General of Taxes, Ministry of Finance of the Republic of Indonesia)



Article Info

Publish Date
19 May 2026

Abstract

This study examines the impact of state-level corruption control on firm growth in the Indonesian energy sector. Using 82 energy firms listed on the Indonesia Stock Exchange during 2002-2023, this study applies Ordinary Least Squares (OLS) regression with robust standard errors and fixed-effects estimation. Firm-level financial data are obtained from corporate financial statements, while corruption control indicators are sourced from the World Bank's Worldwide Governance Indicators. The results show that stronger corruption control is consistently associated with higher firm growth across multiple proxies. These findings indicate that improved institutional quality reduces uncertainty and supports more efficient resource allocation.

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Journal Info

Abbrev

jdab

Publisher

Subject

Description

Jurnal Dinamika Akuntansi dan Bisnis (JDAB), internationally known as Journal of Accounting and Business Dynamics, is a biannual peer-reviewed and open-access journal published by Accounting Department, Universitas Syiah Kuala, Indonesia, in collaboration with the Institute of Indonesia Chartered ...