Indonesian Journal of Sustainability Accounting and Management
Indonesian Journal of Sustainability Accounting and Management is published by Universitas Pasundan. The journal brings together research from a range of disciplinary approaches to improving social and environmental sustainability and the social and environmental consequences of climate change and other issues. Working towards finding practical and policy solutions to improve the performance of organizations and societies, the journal takes research from academics, practitioners and consultants in the field Coverage includes, but is not limited to: Carbon Accounting and Trading; Corporate Governance and Corporate Social Responsibility; Economic Impact of Social and Environmental Sustainability Policies; Environmental Management Accounting; Environmental Ethics; Environmental Management; Human Rights; Sustainability Strategy; Environmental and Social Policy; Organisational Studies; Social and Environmental Audit; Sustainability Accounting, Accountability and Reporting; Sustainable Development; Stakeholder Engagement; Workplace Wellbeing.
Articles
106 Documents
<![CDATA[Moderating Effect of Earnings Management in the Relationship between Sustainability Reporting Initiatives and Value Relevance ]]>
<![CDATA[Mashiur Rahman]]>;
<![CDATA[Siti Zaleha Abdul Rasid]]>;
<![CDATA[Rohaida Basiruddin]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 4, No 2 (2020): December 2020 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v4i2.309
<![CDATA[The purpose of this study is to investigate whether sustainability disclosures are associated with value relevance in Bangladesh. The moderating effect of earnings management (EM) is also examined to observe the right direction in this relationship. Based on prior studies on sustainability disclosure and global reporting initiatives guidelines, this research uses the content analysis approach to assess the magnitude of sustainability initiatives of 30 Bangladeshi banking companies over the period 2009–2017. The Ohlson price model and discretionary accruals are also employed as measures of value relevant of sustainability disclosure and EM, respectively. The findings state that sustainability reports positively affect the equity value, whereas EM negatively moderates the direction of this association. The results also confirm that management should be responsive of the impending capital market effects of voluntary disclosures regarding sustainability issues. These findings could have several implications for banks, investors, and policymakers.]]>
<![CDATA[Corporate Social Responsibility Performance and Ownership Structures adding Value to Indonesia’s Banking Sector ]]>
<![CDATA[Saarce Elsye Hatane]]>;
<![CDATA[Jessica Hermawan Telim]]>;
<![CDATA[Revina Tjanlisan]]>;
<![CDATA[Graciela Agustin Tandiono]]>;
<![CDATA[Madeline Tjandra]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 5, No 1 (2021): June 2021 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v5i1.191
<![CDATA[This research examines the link between corporate social responsibility (CSR) and ownership structure on firm value to encourage sustainability of the banking industry in Indonesia. The study uses the Kinder, Lydenberg, and Domini’s (KLD) assessment to evaluate CSR in the banking sector in Indonesia, and further, it uses economic value added to assess a firm’s value. This research studied 37 banks in Indonesia from 2013 to 2018. The research model employed weighted least square panel tests. Results reveal that the CSR influence is significantly positive for firm value. However, other ownership structures that have a similar effect on firm value are government ownership and foreign institutional ownership. The results further indicate that CSR can be a means of communication and can form a part of a bank’s strategy to enhance value, especially the elements of diversity, environment, and products. Moreover, this research finding provides decision-makers with in-depth knowledge regarding the beneficial effects of ownership structure on company value. The study develops the results from previous studies by discussing each component of CSR performance in the KLD and determines that each component has a varying effect on firm value.]]>
<![CDATA[The Effect of CSR Disclosure on Firm Value with Profitability and Leverage as Moderators ]]>
<![CDATA[Putu Pande R. Aprilyani Dewi]]>;
<![CDATA[I Putu Sudana]]>;
<![CDATA[I Dewa Nyoman Badera]]>;
<![CDATA[I Ketut Rasmini]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 5, No 1 (2021): June 2021 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v5i1.325
<![CDATA[This study determines the effect of the corporate social responsibility (CSR) disclosure on firm value. The population of this study is composed of mining companies listed on the Indonesian Stock Exchange from 2016 to 2018. The study used a purposive sampling technique and obtained a sample of 66 companies. Applying moderated regression analysis, the results indicate a positive effect of CSR disclosure on firm value. Furthermore, profitability strengthens this effect on firm value, whereas leverage weakens it. CSR disclosure and its interaction with leverage reveal an influence on firm value. The lower the level of the leverage ratio of a company, the higher the CSR disclosure conducted by it, which subsequently increases firm value. This study contributes to business professionals by confirming that firm value will rise with increased CSR disclosure in financial reports.]]>
<![CDATA[R&D Intensity, Industrial Sensitivity, and Carbon Emissions Disclosure in Indonesia ]]>
<![CDATA[Einde Evana]]>;
<![CDATA[Lindrianasari Lindrianasari]]>;
<![CDATA[Rona Majidah]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 5, No 1 (2021): June 2021 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v5i1.341
<![CDATA[This study examines the effect of R&D intensity and the type of industry on carbon emission disclosure (CED). The measurement of CED employs an index developed by Choi et al. (2013) based on the carbon disclosure project (CDP). The final data from this study comprise 264 company observations during the period of 2015–2018, sourced from a database of companies listed on the Indonesia Stock Exchange. The data were tested using ordinary least squares multiple regression. Results revealed that companies with lower R&D funding tend to disclose higher carbon emissions than those with higher R&D funding. Furthermore, companies whose operations are sensitive to carbon pollution are likely to disclose higher carbon emissions and vice versa. The findings indicate that there are more sensitive companies trying to fulfill their legitimacy to the public (stakeholders) compared to insensitive companies.]]>
<![CDATA[A Comprehensive Measurement for Sustainability Reporting Quality: Principles-Based Approach ]]>
<![CDATA[Paulina Permatasari]]>;
<![CDATA[Juniati Gunawan]]>;
<![CDATA[Magdi El-Bannany]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 4, No 2 (2020): December 2020 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v4i2.282
<![CDATA[This study presents a comprehensive approach to measure sustainability reporting quality (SRQ) and examines levels of SRQ. It was then used to measure SRQ in Indonesia. Based on reporting guidelines, the new comprehensive measurement for SRQ was developed by not only evaluating the extent of disclosures, but also by examining the quality. The content analysis was conducted to measure the level of SRQ using this comprehensive measurement. The samples are from stand-alone sustainability reports of companies. The results indicate that the overall score for SRQ was moderate. The score was derived using five aspects: the extent of quantitative reporting, the extent of qualitative reporting, the content of the report, the quality of the report, and sustainability reporting accordance. This proposed comprehensive SRQ measurement was used to examine the quantitative and qualitative aspects. This measurement will help academicians to examine the quality of reports and provide more credible assessments that can be used by practitioners to analyze the content of the report. Applying the SRQ measure to Indonesian companies empirically enriches the existing literature and creates a new platform for future studies. ]]>
<![CDATA[Effect of Environmental, Social, and Governance Disclosures on Organizational Visibility: Empirical Study of Non-Financial Companies Listed on the Indonesia Stock Exchange ]]>
<![CDATA[Rizki Chairani]]>;
<![CDATA[Zuraida Zuraida]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 5, No 2 (2021): December 2021 Article-in-Press ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v5i2.476
<![CDATA[This study investigates the effect of environmental, social, and governance (ESG) disclosures on the organizational visibility of 25 non-financial companies listed on the Indonesia Stock Exchange (IDX) during the period of 2015–2019. We posit that ESG disclosure generally affects these firms positively. Our sample consists of 125 firm-year observations of the companies’ sustainability reports, as well as their coverage in the form of news and articles produced by national media. We measure visibility based on the number of media reports received by each of these corporations. Their ESG performances are scored according to the index issued by the Indonesian Ministry of Environment and Forestry. We employed multiple linear regression analysis to test our hypothesis. Our research demonstrates significant positive effects of the ESG in the aggregate and in the individual component of disclosures on organizational visibility. These results align with both the legitimacy theory in recognizing the social contract between a business and society and the stakeholder theory in acknowledging the relationships between a business and its customers, suppliers, investors, and others. Both theories underline and emphasize the importance of organizational behavior for ESG activities. Our study contributes to the vibrant and extensive ongoing debates in the organizational visibility literature regarding corporate ESG disclosure.]]>
<![CDATA[Anti-Bribery Disclosure Trends Among Mining Sector Stocks Listed on the Indonesia Stock Exchange ]]>
<![CDATA[Makhdalena Makhdalena]]>;
<![CDATA[Desi Zulvina]]>;
<![CDATA[Yani Zulvina]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 5, No 2 (2021): December 2021 Article-in-Press ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v5i2.346
<![CDATA[This study aims to analyze the developing trend of anti-bribery disclosure among mining companies listed on the Indonesia Stock Exchange. The sample data of research is an 81 -observation firm-year period during 2017–2019. The results of the study revealed that there is increasing information about anti-bribery disclosure from year to year. The most frequently disclosed information relates to corporate whistle-blowing system policies. The results indicated that the size of the board of directors, whether the entity is a state-owned company, and the type of auditor employed by the firm are positively significant influences on a corporation’s anti-bribery disclosure. Meanwhile, profitability has a negatively significant influence on anti-bribery disclosure, and there appears to be no effect at all from either firm size or firm leverage on a company’s anti-bribery disclosure. The authors recommended that regulators consider more anti-bribery activity and require disclosure of a company’s policies as evidence of its commitment to stakeholders and to demonstrate transparency, policies, and efforts to eradicate corruption and comply with ethical standards. This proposal can be supported by governmental regulations and ISO 37001 standards to permit companies to relatively easily implement an anti-bribery management system that would be highly useful to counter the risks of corruption cases.]]>
<![CDATA[The Impact of Electricity Production Sources and GDP on CO2 Emission in Bangladesh: A Short-run Dynamic ]]>
<![CDATA[Md. Hasanur Rahman]]>;
<![CDATA[Shapan Chandra Majumder]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 5, No 2 (2021): December 2021 Article-in-Press ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v5i2.345
<![CDATA[This study aims to measure the short-run dynamics of electricity production sources and GDP on CO 2 emission in Bangladesh. As a developing nation, Bangladesh needs to generate more electricity to cater to the demands of households and firms. However, environmental degradation due to energy utilization, industrialization, and economic expansion has negative consequences. The current study applies the Autoregressive Distributed Lag (ARDL) approach by taking into account the time series data from 1972 to 2018. The findings showed that the short-run association with ECT is 25%; and 1 % increase in electricity production raises the CO2 emission by 0.63%. The GDP has no significant impact on CO 2 emission in the short run. The current study recommends that, modern technologies like small power producers (SPP), solar panels, recommends that other renewable technologies can be used as alternatives to electricity production. Through small power producers, the country can meet the electricity demand for households and small firms. This study will create awareness on the need for sustainable electricity production by considering lesser environmental damages.]]>
<![CDATA[Development of Adoption Success Model Based on Electronic Regional Tax Returns ]]>
<![CDATA[Dodik Ariyanto]]>;
<![CDATA[Ayu Aryista Dewi]]>;
<![CDATA[Henny Triyana Hasibuan]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 5, No 2 (2021): December 2021 Article-in-Press ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v5i2.397
<![CDATA[The successful adoption of digital government services is critical. Even more so, in the era of the COVID-19 pandemic, e-government adoption needs attention from many sectors of society. During the pandemic, all government services have been increasingly provided through e-government. This paper examines the success of the electronic regional tax return (e-RTR), and the trust it has garnered as a significant factor in realizing a sustainable information society. The authors researched e-RTR users and data processing using partial least square regressions. The results demonstrated that trust in technology, information quality, information system quality, and service quality positively affected perceived usefulness and user satisfaction. However, trust in government itself has virtually no effect on perceived usefulness or user satisfaction. This indicates enhancing trust in the government should take precedence when the government uses e-government applications as a means of service to the community. Perceived usefulness and user satisfaction have a positive effect on net benefits, and net benefits positively affect the rise of a sustainable information society. This effect proves that a sustainable information society can be realized if the public perceives a net benefit when using e-government.]]>
<![CDATA[Impact of Integrated Reporting Quality Disclosure on Cost of Equity Capital in Australia and New Zealand ]]>
<![CDATA[Hazhar Pira Sharif]]>;
<![CDATA[Jalila Johari]]>;
<![CDATA[Wan Fadzilah]]>;
<![CDATA[Lau Wei Theng]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol 5, No 2 (2021): December 2021 Article-in-Press ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.28992/ijsam.v5i2.400
<![CDATA[This study aims to ascertain the relationship between the use of integrated reporting quality (IRQ) disclosures and the implied cost of equity capital (ICC) in the developed markets of Australia and New Zealand. The study provides empirical results on whether companies producing higher-quality integrated reporting (IR) under a regular process can reduce equity capital costs. This study focuses on the benefits of IR and notes that there is actually more information asymmetry between firms and investors than previously believed. The study concludes that IR plays a salient role in capital costs (when information asymmetry is greater) than cross-sectional tests. The 100 companies studied were chosen based on Standard and Poor market capitalization listed in Australia and New Zealand from 2014 until 2016. The study considered a total of 870 observations of post-implementation IR. Further, data were collected from a validated secondary database. This study showed a significant, negative relationship between IRQ and the ICC in the developed market. In other words, the results of this study encourage companies that have not yet adopted IR to do so for accelerating reduction in the ICC. Consequently, this study can help promote IR and attract more countries to implement IR policies to enhance IR research.]]>
