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The Influence of Environmental, Social, Governance (ESG) Disclosure on Investment Efficiency Nababan, Rayon; Dwita, Sany
Wahana Riset Akuntansi Vol 12, No 2 (2024)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v12i2.130502

Purpose – This study aims to determine the influence of Environmental, Social, and Governance (ESG) disclosure on investment efficiency in the emerging market of Indonesia.Design/methodology/approach – The sample in this study consists of 39 non-financial companies listed on the Indonesia Stock Exchange with ESG scores from Refinitiv Eikon. This study utilizes unbalanced data with 178 firm-year observations and is analyzed using panel regression.Findings – This study's findings diverge from previous research. Our results indicate a significant negative influence of ESG disclosure on investment efficiency. Consequently, increased ESG disclosure can be anticipated as a mechanism of greenwashing. Moreover, ESG disclosure has failed to address agency problems and information asymmetry, leading to a decline in investment efficiency.Originality/value – To the best of the author's knowledge, this research is the first to examine and offer a unique perspective on the relationship between ESG disclosure and investment efficiency by focusing on Indonesia's context as an emerging market. The study not only fills a gap in the existing literature but also provides valuable insights into the specific challenges and opportunities faced by Indonesian companies in implementing ESG practices.Research limitations/implications – Research on ESG disclosure remains limited in Indonesia, primarily because many companies have not yet disclosed their ESG practices, which are also voluntary disclosures. Consequently, the availability of data from companies disclosing ESG information is scarce. This study's findings could motivate companies to adopt more comprehensive and accurate ESG reporting practices aligned with international reporting standards. Furthermore, the findings of this research can contribute to the growing body of ESG (non-financial disclosure) literature, particularly those exploring the potential negative influence of ESG disclosure.

Analisis Dana Desa Terhadap Internalisasi Budaya Jawa "Sedekah Bumi" di Desa. Mrutuk, Tuban Rahayu, Mellysia Dwi; Leniwati, Driana; Juanda, Ahmad; Haryanti, Agustin Dwi
Wahana Riset Akuntansi Vol 13, No 1 (2025)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v13i1.130691

Tujuan – Tujuan penelitian ini adalah untuk menganalisis dana desa terhadap internalisasi budaya Jawa “Sedekah Bumi” di Desa Mrutuk, Tuban, serta menganalisis mengelola dana desa yang dikeluarkan untuk biaya acara tersebutMetode – Dengan memakai paradigma interpretatif, penelitian ini mencoba menafsirkan dana menggunakan desain penelitian studi kasus dengan pendekatan kualitatif dan dengan pendekatan etnografi. Data diperoleh melalui wawancara mendalam dengan perangkat desa dan RT yang menjadi informan kunci. Metode yang digunakan adalah teknik snowballing dengan memperbanyak informan. Hasil wawancara dikelompokkan dan dilakukan reduksi data sebelum dianalisis dan ditarik kesimpulan atau verifikasi. Triangulasi juga dilakukan dengan teknik pertanyaan berbeda yang diajukan untuk memastikan keabsahan data kepada masyarakat sekitar sebagai informan tambahan dan yakin bahwa data yang diperoleh valid.Hasil – Dana dimaknai menjadi 3 (tiga) makna, yaitu dana sebagai suatu kas/modal, dana sebagai hubungan kekeluargaan dan kepercayaan, dan dana sebagai entitas anggaran. Pengkodean data empiris menggunakan wawancara mendalam kepada informanOriginalitas – Penelitian ini berfokus pada pengelolaan dana desa terkait dengan nilai budaya Jawa. nilai-nilai budaya Jawa dekat dengan akuntansi biaya. Akuntansi biaya merupakan proses penghitungan nilai persediaan pada neraca dan nilai harga [okok penjualan (HPP) yang dicatat pada pendapatan. Pernyataan laporan kerugian, yang merupakan informasi bagi perusahaan.Keterbatasan/Implikasi – Ruang lingkup penelitian masih sedikit. Penelitian ini diinginkan bisa memberikan kontribusi terhadap teori akuntansi yang ada dalam pengelolaan dana desa. Selain itu, dapat memberikan kontribusi kepada desa atau daerah yang memiliki beragam tradisi untuk memberikan saran dalam mengelola dana yang telah ditetapkan.

The Influence of Corporate Social Responsibility Disclocure on Accounting Conservatism with State Ownership as a Moderator Hardana, Richio Putra; Cahyadi, Rino Tam; Wijayanti, Dian
Wahana Riset Akuntansi Vol 13, No 1 (2025)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v13i1.131059

Purpose – This study aims to examine the effect of corporate social responsibility disclosure on accounting conservatism and the effect of state ownership in moderating the relationship between corporate social responsibility disclosure and accounting conservatism.Design/methodology/approach – This study uses state-owned enterprises and regional-owned enterprises listed on the Indonesia Stock Exchange for the period 2018-2022 as the sample. This research used moderate regression analysis to conduct data analysis.Findings – The results show that corporate social responsibility disclosure has a positive effect on accounting conservatism. These results are in line with stakeholder theory which states that companies must pay attention to the interests of all interested parties, not just shareholders. Results also show that state ownership weakens the relationship between corporate social responsibility disclosure and accounting conservatism.Originality/value – This study seeks to fill the gap from previous research on the effect of corporate social responsibility on accounting conservatism since prior research reported inconsistent findings. Due to the lack of evidences in regards to the role of state ownership, this study incorporates state ownership as the moderating variable. The sample was selected based on the Regulation of the Minister of State-Owned Enterprises PER-05/MBU/04/2021 concerning Social and Environmental Responsibility Programs for State-Owned Enterprises.Research limitations/implications – This study has a limitation in the subjectivity of the measurement of CSR. This subjectivity arises when companies do not publish sustainability reports and categorize CSR activities in tables according to the GRI index, and only report CSR activities in the annual report without including a table that aligns the activities with the GRI index. This study has implications in decision making for policy makers in relation to social and environmental responsibility resulting from business activities. Companies are also required to be more transparent in disclosing company performance in maintaining stakeholder trust.

The Influence of Audit Committee Chairman Characteristics on Auditor Choice Rosa, Sherly Luthfia; Dwita, Sany; Hayati, Dian Indah
Wahana Riset Akuntansi Vol 13, No 1 (2025)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v13i1.132844

Purpose – This study aims to examine the impact of audit committee chair characteristics on auditor choice in healthcare, infrastructure, and transportation & logistic companies listed on the Indonesian Stock Exchange (IDX) from 2021 to 2023.Design/methodology/approach – This research uses purposive sampling, resulting in 86 companies. The study utilizes from company annual reports were analyzed using logistic regression.Findings – The results show that the business education of the audit committee chairman has a positive effect on the choice of Big 4 auditors. Meanwhile, other characteristics such as gender, professional qualifications, work experience, and tenure of the audit committee chairman do not affect the choice of Big 4 auditors. Therefore, the results of this study indicate that the business education of the audit committee chairman is the most influential factor in the choice of Big 4 auditorsOriginality/value – Previous studies have overlooked the role of audit committee chairs, focusing instead on audit committees in general. As audit committee leadership matters more, research examining the impact of audit committee chair characteristics on auditor choice remains limited. This study provides contributions to the existing literature by offering a novel perspective on the role of audit committee chairs as corporate governance representatives in auditor choice decisions within emerging market.Research limitations/implications – Research on the impact of audit committee chair characteristics remains limited. Furthermore, this study also has several limitations, such as the measurement of auditor choice, which is only measured by Big 4 and Non-Big 4 audit firms, thereby limiting its ability to provide insight into auditor choice. Additionally, the measurement of gender is limited to physical appearance or individual gender, without considering and understanding the complexity of values and characteristics of femininity and masculinity. The results of this study provide a significant contribution to the existing literature on the impact of audit committee chair characteristics on auditor choice.

The Moderating Role of Environmental Investment on The Relationship of Environmental Responsibility and Firm Value Rizki, Tabah
Wahana Riset Akuntansi Vol 13, No 1 (2025)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v13i1.130981

Abstract Purpose – This study aims to investigate the effect of environmental responsibility (ER) on firm value and explore the moderating role of environmental investment (EI) on the relationship between them.Design/methodology/approach – This research uses quantitative method. The research data were taken from 399 observations of public energy and mining companies in ASEAN-5 during the period 2017-2019. Data processing was carried out using a panel data approach and multiple regression.Findings – The results of the study indicate that environmental responsibility can significantly increase firm value. Then, environmental investment has a significant positive effect on firm value. However, environmental investment has not proven to be able to provide a moderating effect on the relationship between environmental responsibility and firm valueOriginality/value – This paper presents an original and timely contribution to the ongoing discussion about the role of environmental responsibility (ER) and environmental investment (EI) in enhancing firm value, particularly within the context of ASEAN-5 countries—Malaysia, Indonesia, the Philippines, Singapore, and Thailand. While existing studies on ER and its effect on firm value have largely focused on developed countries, the exploration of this relationship within the ASEAN-5 context is novel. The ASEAN-5 region is a critical area for examining these dynamics because of its unique economic and environmental challenges, and this research aims to provide empirical evidence on how ER and EI practices impact firm value in these countries.Research limitations/implications – This research still used secondary data, the number of observations were still limited. This research has policy implications for governments in each country, namely that they must strengthen the enforcement of regulations regarding companies' obligations to carry out environmental expenditures and that companies must actively participate and continue to develop green practices.

Artificial Intelligence in Sustainability Reporting: Mapping a Nascent Field through Bibliometric Analysis Jannah, Binti Shofiatul; Junjunan, Mochammad Ilyas; Buchori, Imam; Ainurrohman, Ahmad Miftah; Rosyda, Nabila Amaro Laila
Wahana Riset Akuntansi Vol 13, No 2 (2025)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v13i2.134825

Purpose – This study aims to examine and provide empirical evidence regarding the influence of corporate political connections and family ownership on audit quality with return on assets, leverage, and public accounting firm size as control variables.Design/methodology/approach – This study uses a quantitative approach. The population in this study includes SOEs and conglomerate companies listed on the Indonesia Stock Exchange in 2021-2023. Samples were taken using a purposive sampling method. The analysis method used is multiple linear regression analysis.Findings – The results of this study found that corporate political connections and family ownership have no significant effect on audit quality. Audit quality is influenced by the control variable, public accounting firm size.Originality/value – This study contributes to the audit quality literature in several ways. First, research that explores the variables of political connections and family ownership in the context of audit quality is still limited. Second, previous studies regarding the influence of political connections and family ownership on audit quality in Indonesia used input-based measurements, such as auditor choice as a proxy for audit quality. In this study, the audit quality measurement used is output-based, which is based on financial reporting quality measured using earnings quality (discretionary accruals) which is more relevant to be applied in Indonesia, considering that Indonesia is a country with a high level of opacity of corporate earnings. Third, previous studies use dummy variables to indicate whether a company has political connections, so the variation in the strength of connections is less revealed. In this study, political connections are measured using an index score of political connections with various levels of positions in the bureaucracy.Research limitations/implications – This research was only conducted on SOEs and conglomerate companies listed on the IDX; therefore, the research results cannot be generalized to other sectors/types of companies. The period in this study is still relatively short, which is only limited to a span of 3 years from 2021-2023. Future research can expand the research sample size, including all companies listed on the IDX, and extend the observation period to obtain more comprehensive results.Keywords: Corporate political connections, family ownership, audit qualityArticle Type: Bibliometric Review

The Effect of Audit Quality on ESG Performance with Media Coverage as a Moderating Variable Alfarizy, Muhammad Akmal; Sari, Vita Fitria
Wahana Riset Akuntansi Vol 13, No 2 (2025)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v13i2.135018

Purpose – This study aims to examine the impact of audit quality on ESG performance with media coverage as a moderating variable in companies listed on the Indonesia Stock Exchange from 2020 to 2023 Design/methodology/approach –This study is a causal research utilizing a quantitative approach. The population for this research includes all companies in the listed on the Indonesia Stock Exchange (IDX) for the period 2020-2023. The sampling method employed is purposive sampling. Findings – the result of this study find that audit quality, as proxied by the Big Four, does not have a significant impact on ESG performance while as proxied by the audit fees has positive effect on ESG performance. Media coverage as moderating variable does not moderate the relation between the big four and the audit fees on ESG performance. Originality/value – This study provides a novel contribution to the literature on audit quality and media coverage in relation to ESG performance First, it enriches the existing literature on audit quality and media coverage, which remains limited in emerging markets, particularly in Indonesia, by utilizing a measurement approach that differs from similar studies. Second, this research broadens the examination of media coverage which has been widely studied but has produced diverse results. Research limitations/implications – The results of this study indicate that the big four do not affect ESG performance, but audit costs do, and media coverage does not moderate the relationship between the three. The limited generalizability of the sample and research period in this study may provide an opportunity for further research. Future studies could explore a broader and specific range of industries, longer time periods, or different geographic regions to enhance the generalizability of the findings and provide deeper insights into the relationship between these factors and ESG performance. Keywords: ESG performance; audit quality; big four; audit fees; media coverageArticle Type: Research Paper

The Influence of Financial Education, Inflation, and Per Capita Expenditure on the Intermediation Function of Rural Banks (BPR) in Indonesia Putra, Rino Dwi; Raga, Ridha Azka; Hayati, Dian Indah
Wahana Riset Akuntansi Vol 13, No 2 (2025)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v13i2.135280

Abstract Purpose –This study examines the impact of financial education, inflation, and per capita expenditure on the intermediation function of Rural Banks (BPR) in Indonesia, focusing on deposit mobilization and credit distribution across all provinces in 2024. The research is grounded in the accounting and financial management perspective, recognizing that intermediation outcomes are not only reflective of market behavior but also integral to financial reporting, institutional performance measurement, and regional economic accountability. Disparities in financial literacy and regional economic indicators have implications for the effectiveness of BPRs, which serve as key financial intermediaries for local communities and MSMEs. Design/methodology/approach –Using cross-sectional data from 34 provinces in Indonesia in 2024, this research applies Partial Least Squares Structural Equation Modeling (PLS-SEM) to assess the relationships between financial literacy, macroeconomic indicators, and BPR intermediation performance. Findings –This study identifies that financial education significantly influences deposit mobilization, indicating its role in shaping public trust and engagement in financial institutions. However, it does not significantly affect credit distribution. Inflation shows no effect on deposit mobilization but significantly impacts credit allocation, suggesting sensitivity in credit risk assessments and lending decisions. Per capita expenditure also demonstrates a significant effect on credit distribution, highlighting the relevance of consumption-based financial behavior in credit demand forecasting. Originality/value – From an accounting standpoint, these findings underscore the importance of integrating non-financial indicators such as education and macroeconomic variables into performance evaluation frameworks for BPRs. Strengthening financial education initiatives could improve deposit liabilities reported in BPR financial statements, while inflation and consumption trends should be factored into provisioning and credit risk disclosures. The results have practical implications for regulatory bodies, financial educators, and BPR management in aligning financial intermediation strategies with sound accounting practices and sustainable local economic development Research limitations/implications –The use of cross-sectional data limits the ability to capture temporal dynamics. Future research should consider panel data and additional macroeconomic or seasonal factors to enrich the analysisKeywords: financial literacy, inflation, rural banks, credit distribution, deposit mobilization

The Influence of Corporate Political Connections and Family Ownership on Audit Quality Erisi, Tasya; Dwita, Sany; Raga, Ridha Azka; Hayati, Dian Indah
Wahana Riset Akuntansi Vol 13, No 2 (2025)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v13i2.132932

Purpose – This study aims to examine and provide empirical evidence regarding the influence of corporate political connections and family ownership on audit quality with return on assets, leverage, and public accounting firm size as control variables.Design/methodology/approach – This study uses a quantitative approach. The population in this study includes SOEs and conglomerate companies listed on the Indonesia Stock Exchange in 2021-2023. Samples were taken using a purposive sampling method. The analysis method used is multiple linear regression analysis.Findings – The results of this study found that corporate political connections and family ownership have no significant effect on audit quality. Audit quality is influenced by the control variable, public accounting firm size.Originality/value – This study contributes to the audit quality literature in several ways. First, research that explores the variables of political connections and family ownership in the context of audit quality is still limited. Second, previous studies regarding the influence of political connections and family ownership on audit quality in Indonesia used input-based measurements, such as auditor choice as a proxy for audit quality. In this study, the audit quality measurement used is output-based, which is based on financial reporting quality measured using earnings quality (discretionary accruals) which is more relevant to be applied in Indonesia, considering that Indonesia is a country with a high level of opacity of corporate earnings. Third, previous studies use dummy variables to indicate whether a company has political connections, so the variation in the strength of connections is less revealed. In this study, political connections are measured using an index score of political connections with various levels of positions in the bureaucracy.Research limitations/implications – This research was only conducted on SOEs and conglomerate companies listed on the IDX; therefore, the research results cannot be generalized to other sectors/types of companies. The period in this study is still relatively short, which is only limited to a span of 3 years from 2021-2023. Future research can expand the research sample size, including all companies listed on the IDX, and extend the observation period to obtain more comprehensive results.Keywords: Corporate Political Connections, Family Ownership, Audit QualityArticle Type: Research Paper

Perspektif Akademisi dan Mahasiswa Terhadap Integrasi Materi Keberlanjutan dan Digitalisasi dalam Pendidikan Akuntansi Vokasi Widhiyanti, Santi; Arisudhana, Aditya; Sari, Padma Adriana; Akbar, Dharmawan Iqbal
Wahana Riset Akuntansi Vol 13, No 2 (2025)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/wra.v13i2.135121

Purpose – This study aims to explore the integration of sustainability and digitalization aspects in accounting education, as well as to analyze the perspectives of academics and students at the State Polytechnic of Malang (Polinema).Design/methodology/approach – A qualitative case study approach was applied to the D-IV Accounting Management program, with data collected through questionnaires (involving 29 lecturers and 112 students) and Focus Group Discussions (FGD). Data analysis involved reduction, presentation, and conclusion drawing.Findings – The study indicates that integrating both aspects is crucial to enhancing curriculum relevance with modern industry demands. Sustainability is viewed as an ethical foundation for decision-making, while digitalization is key to improving efficiency and accuracy in accounting practices. However, key challenges include: (1) an overcrowded curriculum, (2) lecturers’ limited competency in technology and sustainability, (3) inadequate digital infrastructure, and (4) resistance to change. From an institutional perspective, external pressures (e.g., industry demands, global regulations) and normative pressures (professional standards) drive this integration, though internal resource gaps remain barriers. Proposed strategies include lecturer training, technology-based learning platforms, contextual case studies, and industry collaboration. This study contributes to developing adaptive accounting curricula and strengthens Institutional Theory in understanding higher education dynamics. The findings recommend a holistic approach to align accounting education with sustainable business practices and digital transformation.Originality/value – This study aims to address a gap in the literature, which has predominantly focused on university-based academic institutions, by offering a qualitative exploration of vocational education—a sector that remains underexplored yet plays a strategic role in shaping accounting competencies that are adaptive to global challenges. By incorporating perspectives from both academics and students, this study provides fresh insights into the unique contributions and potential of vocational education in the evolving accounting landscape.Research limitations/implications – This study is limited to students of the D4 in Managerial Accounting program at Politeknik Negeri Malang, which may affect the generalizability of the findings to other vocational institutions or accounting programs. Despite this limitation, the study offers several important implications for various stakeholders in accounting education. For educational institutions, the results highlight the importance of developing internal policies that support systemic and continuous curriculum reform. Institutional support is essential to ensure that the integration of sustainability and digitalization topics moves beyond discourse and is meaningfully implemented in the learning process. Lecturers need to enhance their capacity through continuous training, particularly in digital literacy and understanding sustainability issues, so that the instructional materials they deliver align with industry needs and the evolving demands of the profession. For policymakers, there is a need to develop clearer and more operational national guidelines regarding graduate competency standards that integrate sustainability and digital technologies, especially in the context of vocational education.Keywords: Sustainability, digitalization, accounting education, curriculum, qualitative study.Article Type: Research Paper

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Henri Agustin

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henri_feunp@yahoo.co.id

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+6285363802683

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Editorial Address
Kantor Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Padang Jl. Prof. Dr. Hamka, Kampus UNP Air Tawar Padang Telp : (0751) 445089 ext 208, Fax: (0751) 447366

Location
Kota padang,

Sumatera barat

INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name Henri Agustin

Contact Email henri_feunp@yahoo.co.id

Phone +6285363802683

Journal Mail Official jurnalwra.feunp@gmail.com

Editorial Address Kantor Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Padang Jl. Prof. Dr. Hamka, Kampus UNP Air Tawar Padang Telp : (0751) 445089 ext 208, Fax: (0751) 447366

Location Kota padang, Sumatera barat INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Contact Name
Henri Agustin

Contact Email
henri_feunp@yahoo.co.id

Phone
+6285363802683

Journal Mail Official
jurnalwra.feunp@gmail.com

Editorial Address
Kantor Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Padang Jl. Prof. Dr. Hamka, Kampus UNP Air Tawar Padang Telp : (0751) 445089 ext 208, Fax: (0751) 447366

Location
Kota padang,

Sumatera barat

INDONESIA