JASF (Journal of Accounting and Strategic Finance)
Journal of Accounting and Strategic Finance (JASF) is a blind peer-reviewed journal that publishes theoretical, empirical, and experimental research papers. The Journal encourages the utilization of economic, financial and sociological theories to investigate, analyze, and explain issues in accounting within the legitimate institutional structure and under various capital markets accurately. The distributed research articles of the Journal will empower researchers to contribute to the discipline of accounting.
Articles
184 Documents
<![CDATA[Do Environmental Performance, Feminism in Commissioner, Female Audit Committee, and Corporate Visibility Affect Corporate Environmental Disclosure? ]]>
<![CDATA[Kenny Ardillah]]>
<![CDATA[ JASF: Journal of Accounting and Strategic Finance Vol. 5 No. 2 (2022): JASF (Journal of Accounting and Strategic Finance) - December 2022 ]]>
Publisher : <![CDATA[Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.232
<![CDATA[ The company should not separate developing business activities from society's externalenvironment. Instead, the companies should protect the external environment, so manycompanies need to improve the sustainability of their companies to be better through corporate environmental disclosure. This study aims to examine and analyze the effect of environmental performance, feminism in commissioners, female audit committees, and corporate visibility towards corporate environmental disclosure, controlled by profitability and liquidity. One hundred samples were obtained from the mining companies listed on the Indonesia Stock Exchange from 2015 to 2019 and analyzed using the multiple linear regression method. This study proved that female audit committees could positively influence corporate environmental disclosure. On the other hand, this study found that environmental performance, feminism in commissioners, and corporate visibility couldn't affect corporate environmental disclosure. This result of the study can be used by the company's management to help companies provide more thorough supervision of decisions made by management related to social responsibility activities carried out by the female audit committee and monitor the quality of environmental disclosure more effectively. For investors, the results of this study are expected to provide information to investors about the importance of female audit committee members' existence in supporting the community's welfare.]]>
<![CDATA[Corporate Secretary Professional Expertise and Annual Report Readability ]]>
<![CDATA[Monicha Octaviani]]>;
<![CDATA[Iman Harymawan]]>
<![CDATA[ JASF: Journal of Accounting and Strategic Finance Vol. 5 No. 2 (2022): JASF (Journal of Accounting and Strategic Finance) - December 2022 ]]>
Publisher : <![CDATA[Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.250
<![CDATA[This paper aims to examines the relationship between professional corporate secretary expertise and annual report readability of 1,476 observations from all companies listed in the Indonesia Stock Exchange from 2014-2018 using OLS Regression with STATA 15.0. The findings obtained from this research are the legal expertise possessed by the corporate secretary will make the company's financial statements easier to understand. Meanwhile, the accounting expertise of the corporate secretary has no significant effect on the annual report readability. However, the annual report readability of firms with a corporate secretary with international expertise will be more readable. For company management, the results of this study have implications for consideration to involve professional expertise, such as legal expertise and international experience, as a part of qualifications in appointing corporate secretaries to improve the quality of information disclosure. Furthermore, this paper increases the understanding of the corporate secretary’s characteristics and its effect on the company’s annual report readability as a tool to measure the quality of information disclosure to reduce problems related to asymmetric information.]]>
<![CDATA[Board diversity and audit quality among selected listed food and beverage firms on the Nigeria Exchange Group ]]>
<![CDATA[Segun Idowu Adeniyi]]>;
<![CDATA[Vincent Ayeole Aderobaki]]>
<![CDATA[ Journal of Accounting and Strategic Finance Vol 5 No 2 (2022): JASF (Journal of Accounting and Strategic Finance) ]]>
Publisher : <![CDATA[UNIVERSITAS PEMBANGUNAN NASIONAL VETERAN JAWA TIMUR ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.259
<![CDATA[This study is to ascertain the effect of ethnicity diversity, skill, expertise and experience diversity and interaction of ethnicity diversity and skill, expertise and experience diversity on audit quality of listed brewery firms in Nigeria. The study used Ex-Post Facto research design. The Population of the study consists of five (5) brewery firms listed on the Nigerian Stock Exchange (NSE) as at December, 2019. Purposive sampling technique was adopted in selecting the three (3) listed food and beverage firms which form the unit of analysis for this study. The panel data were derived from annual reports and accounts with Nigeria Stock Exchange Fact book for the period of ten years spanning from 2010 to 2019. The Ordinary Least Square (OLS) statistical technique was adopted in the analysis of data. The statistical procedures were programmed using SPSS 20.0 software. The study discovered that ethnicity diversity, and skill, expertise and experience diversity does not significantly affect audit quality while the interaction of ethnicity diversity and skill, expertise and experience diversity affects audit quality. Therefore the study recommends among others that ethnicity diversity need not to be considered in corporate board composition and it should not be made compulsory for board members to have certificate in Accounting, have experience in financial reporting or auditing.]]>
<![CDATA[Interpreting the Concept of Debt Based on Indonesian Patron-Client Perspective ]]>
<![CDATA[Driana Leniwati]]>;
<![CDATA[Aviani Widyastuti]]>;
<![CDATA[Rafli Sholana]]>;
<![CDATA[Sri Wahjuni Latifah]]>;
<![CDATA[Fahmi Dwi Mawardi]]>
<![CDATA[ JASF: Journal of Accounting and Strategic Finance Vol. 5 No. 2 (2022): JASF (Journal of Accounting and Strategic Finance) - December 2022 ]]>
Publisher : <![CDATA[Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.291
<![CDATA[This study aims to interpret the concept of debt based on social phenomenon on Patron Client’s fishermen working-relationship in Pantai Sungai Bakau, Serayu, East Kalimantan. By using an interpretive paradigm, this study tries to interpret debt with a a case study research design. The data was obtained by conducting in-depth interviews with community of fishermen and fish collector (the owner of shipyard) who were the key informants. the method uses snowballing system for additional informants. The results of the interviews were grouped and data reduction was carried out before being analyzed and drawing conclusions or verification. Triangulation was also carried out with different question techniques that were asked to confirm the validity of the data to the surrounding community as additional informants. By using the triangulation technique, the researcher believes that the data obtained is valid. The results of this study found that the concept of debt have been interpreted as an obligation, family and trust relationship, and a mutually beneficial relationship on the context of Patron Client working-relationship. Empirically, on the broader meaning of debt, debt does not only as a form of obligation between the capital owner and the recipient of capital in the context of Patron-Client’s working-relationship, but debt should also be able to make familial relationship with the element of trust between them.]]>
<![CDATA[Cash Holdings, Dividend Payout, and Corporate Value: The Role of Institutional Investors ]]>
<![CDATA[Hendra Wijaya]]>
<![CDATA[ Journal of Accounting and Strategic Finance Vol 5 No 2 (2022): JASF (Journal of Accounting and Strategic Finance) ]]>
Publisher : <![CDATA[UNIVERSITAS PEMBANGUNAN NASIONAL VETERAN JAWA TIMUR ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.307
<![CDATA[This study examines the relationship between cash holdings and dividend payout on corporate value. The moderating effect of institutional investors on the effect of cash holdings and dividend distribution on corporate value is also investigated in this study. This study applied non-financial companies listed on the Indonesia Stock Exchange between 2015 and 2019 and a total of 1269 observations. The data in this study were analyzed using the ordinary least squares method. According to the findings of the study, cash holdings have a positive influence on the value of the company. However, corporate value is unaffected by dividend payout. The findings of this investigation suggest that institutional investors do not moderate the impact of cash holdings on corporate value. However, institutional investors moderate the impact of dividend payout positively. This paper elaborates on institutional investors, a mechanism for agency conflict in relation to cash holdings, dividend payout, and corporate value.]]>
<![CDATA[Cosmology of Labuhan Larung Sesaji Ritual Meaning the Homogeneity Strategic Cost Concept in Blue Sea Fisheries Accounting ]]>
<![CDATA[Whedy Prasetyo]]>
<![CDATA[ JASF: Journal of Accounting and Strategic Finance Vol. 5 No. 2 (2022): JASF (Journal of Accounting and Strategic Finance) - December 2022 ]]>
Publisher : <![CDATA[Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.309
<![CDATA[Research to reveal the formation of fishermen’s income based on homogeneity strategic cost concept is shown in the labuhan larung sesaji ritual cosmology. This concept gives meaning to the presence of blue sea fisheries accounting. Qualitative methods with a phenomenological approach are used in this study. The results show the homogeneity strategic cost that all stages of labuhan larung sesaji ritual activity or the elements in it (represented by costs) have the same position or importance in generating income. On the basis of this idea, all stages of ritual activities contribute or contribute to fishermen’s income creation of in proportion to costs. So, if amount of costs for ritual activities have occurred, then in fact amount of revenues have been formed or collected, the amount of which is in accordance with income and costs ratio. The homogeneity strategic costs concept contributes to interpreting the presence of blue sea fisheries accounting based on sustainability of marine living resources and fish catches. Accounting based on open access resources, and marine sustainability as marine biota for logistical growth of fish stocks or populations without operating costs for pisciculture.]]>
<![CDATA[Determinant Factors of Firm Value: Cash Holdings and Dividend Policy as Mediation ]]>
<![CDATA[Eka Yudhyani]]>;
<![CDATA[Umi Kulsum]]>;
<![CDATA[Faizal Reza]]>;
<![CDATA[Astrid Napita Sitorus]]>;
<![CDATA[Nanda Wahyu Indah Kirana]]>
<![CDATA[ JASF: Journal of Accounting and Strategic Finance Vol. 5 No. 2 (2022): JASF (Journal of Accounting and Strategic Finance) - December 2022 ]]>
Publisher : <![CDATA[Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.325
<![CDATA[In times of uncertainty such as a crisis, a company needs to maintain its value for its investors. Theory suggests that for uncertainty, the company needs to have cash holding, but on the other hand, it needs to pay dividends. Therefore, this research aims to prove the relationship between factors that affect firm value with cash holding and dividend policy as mediation. We conduct this research on the manufacturing company from 2015 to 2021 registered on Indonesia Stock Exchange. Using the purposive sampling method, 82 company was chosen and 574 data was studied. To test our hypotheses, we use SmartPLS. The results proved that cash holding can influence firm value, while dividend policy cannot. For the indirect effect, we found that profitability and net working capital indirectly affect firm value through cash holding. We explain the theory and practical implications and describe our study’s limitations. For future research, we suggest differentiating firm value before and during a financial crisis, and the industry sector that has the worst, moderate, and light impact from the crisis.]]>
<![CDATA[Cash Holdings, Dividend Payout, and Corporate Value: The Role of Institutional Investors ]]>
<![CDATA[Hendra Wijaya]]>
<![CDATA[ JASF: Journal of Accounting and Strategic Finance Vol. 5 No. 2 (2022): JASF (Journal of Accounting and Strategic Finance) - December 2022 ]]>
Publisher : <![CDATA[Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.307
<![CDATA[This study examines the relationship between cash holdings and dividend payout on corporate value. The moderating effect of institutional investors on the effect of cash holdings and dividend distribution on corporate value is also investigated in this study. This study applied nonfinancial companies listed on the Indonesia Stock Exchange between 2015 and 2019 and a total of 1269 observations. The data in this study were analyzed using the ordinary least squares method. According to the findings of the study, cash holdings have a positive influence on the value of the company. However, corporate value is unaffected by dividend payout. The findings of this investigation suggest that institutional investors do not moderate the impact of cash holdings on corporate value. However, institutional investors moderate the impact of dividend payout positively. This paper elaborates on institutional investors, a mechanism for agency conflict in relation to cash holdings, dividend payout, and corporate value.]]>
<![CDATA[Board Diversity and Audit Quality among Selected Listed Food and Beverage Firms on the Nigeria Exchange Group ]]>
<![CDATA[Segun Idowu Adeniyi]]>;
<![CDATA[Vincent Ayeole Aderobaki]]>
<![CDATA[ JASF: Journal of Accounting and Strategic Finance Vol. 5 No. 2 (2022): JASF (Journal of Accounting and Strategic Finance) - December 2022 ]]>
Publisher : <![CDATA[Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.259
<![CDATA[This study aims to determine the effect of ethnicity diversity, skill, expertise, and experience diversity and interaction of ethnicity diversity and skill, expertise, and experience diversity on the audit quality of listed food and beverage firms in Nigeria. The study used an Ex-Post Facto research design. Five beverage companies as of December 2019 were listed on the Nigerian Exchange Group and make up the study's population. A purposive sampling technique was adopted in selecting the three listed food and beverage firms that form the unit of analysis for this study. The panel data were derived from annual reports and accounts with the Nigeria Stock Exchange Factbook for the period of ten years spanning from 2010 to 2019. The Ordinary Least Square statistical technique was adopted in the analysis of data. The statistical procedures were programmed using SPSS 20.0 software. The study discovered that ethnicity diversity and skill, expertise, and experience diversity do not significantly affect audit quality while the interaction of ethnicity diversity and skill, expertise, and experience diversity affects audit quality. Therefore, the study recommends among others that ethnic diversity need not consider in corporate board composition and it should not be made compulsory for board members to have certificates. Related to accounting, have experience in financial reporting or auditing.]]>
<![CDATA[The Moderating Effect of Goodwill and Goodwill Impairment on Global Energy Crisis and Corporate Cash Holding ]]>
<![CDATA[Ghiga Rachmawati Saleh]]>;
<![CDATA[Diah Hari Suryaningrum]]>
<![CDATA[ JASF: Journal of Accounting and Strategic Finance Vol. 5 No. 2 (2022): JASF (Journal of Accounting and Strategic Finance) - December 2022 ]]>
Publisher : <![CDATA[Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.33005/jasf.v5i2.338
<![CDATA[The global energy crisis caused the price spike of various operational inputs for the company, sufficient cash is required to ensure the company's operations continue. This study aims to analyze the causal effect of the energy crisis on corporate cash holdings in Indonesia and the role of goodwill and impairment of goodwill in moderating this effect. Goodwill and goodwill impairment are indicators of corporate risk related to the synergy of business combinations. This study uses differences in different methods. There are 564 companies listed on the Indonesia Stock Exchange include as the sample of this study with a quarterly research period from the 4th quarter of 2020 until the 2nd quarter of 2022. The hypotheses were tested using the linear regression analysis and robustness test. This study found that the global energy crisis has a positive effect on corporate cash holdings for the impacted sub-industry. However, goodwill and goodwill impairment are not moderate influences. We describe our study’s limitations. For further research, we are expected to add more control variables, use another robustness test and increase the observed period until the global energy crisis is over.]]>
