Indonesian Journal of Sustainability Accounting and Management
Indonesian Journal of Sustainability Accounting and Management (IJSAM) is a peer-reviewed journal publishing high-quality, original research and published biannually (June and December) by Universitas Pasundan, Indonesia. IJSAM emphasizes the linkages between these environmental issues and social and economic issues in corporations, governments, education institutions, regions, and societies. Its aim is to publish scholarly accounting, economics, energy, entrepreneurship, environmental, management, and social sustainability of human beings research that are relevant to Indonesian studies and in global perspectives, especially those providing practical implications to promote better business decision-making and public policy formulation. Through our published articles, we aim at helping societies become more sustainable.
Articles
215 Documents
<![CDATA[Navigating the Intersection of Accounting and Artificial Intelligence: Assessing Opportunities and Risks ]]>
<![CDATA[Bhumika Gambhir]]>;
<![CDATA[Neha Gupta]]>;
<![CDATA[R Srinivasan]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 7 No. 2 (2023): December 2023 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v7i2.775
<![CDATA[This paper aims to analyse how accounting professionals perceive the deployment of AI in the accounting field. The paper examines the perceptions of opportunities and risks of AI adoption in accounting. This study examined how demographics affect the way accounting professionals perceive the risks and opportunities of AI adoption. A total of 196 responses were collected from accountants working in different industries. The data was analysed using the Independent Samples t-test and One-Way ANOVA. The findings demonstrated that AI confronts accountants with opportunities and risks. Independent t-tests and one-way analysis of variance (ANOVA) results show no significant difference in the perception of risks in the accounting profession due to the adoption of AI based on gender, but there was a significant difference based on age. The results indicate that the perception of opportunities differs significantly by gender and age. The practical implication for organisations is to use the results of the study to prepare their workforce for the digital transformation caused by AI. This is one of the few empirical studies that take a demographics-based look at the perception of risks and opportunities of implementing AI in the accounting profession.]]>
<![CDATA[Sustainable Supply Chains in The Food Service Industry ]]>
<![CDATA[Maria Vodenicharova]]>;
<![CDATA[Lilyana Mihova]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 7 No. 2 (2023): December 2023 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v7i2.778
<![CDATA[This study aims to examine is to derive basic criteria and indicators for measuring the sustainability of the food supply chain, based on which to examine commercial food services in the food service industry and to derive guidelines for building a sustainable supply chain using innovative technologies. Based on the existing theoretical propositions, it has been further developed and applied in the food service industry sector. A survey was conducted in the period from March to May 2022 among 42 establishments in Bulgaria. The results аre developed food supply chain relationships in the commercial food service industry can increase back-and-forth supply chain resilience. Research, Practical & Social implications: The study establishes a need for necessary to introduce sustainability measures, through innovative technologies, with a view to bringing them into line with achievements, world trends, and the increased demands of users to provide ecofriendly services. This study reveals for the first time the food supply chain in the field of commercial food services in the food service industry and public catering in Bulgaria and provides guidelines for increasing sustainability.]]>
<![CDATA[Mandatory Reporting of Business Responsibility and Sustainability and Stock Market Response: Evidence from an Emerging Economy ]]>
<![CDATA[Rajesh Desai]]>;
<![CDATA[Teguh Budiman]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 8 No. 1 (2024): June 2024 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v8i1.784
<![CDATA[The objective of the current study is to evaluate the impact of the mandatory business responsibility and sustainability reporting (BRSR) framework on stock market performance in India. The study uses event study technique to evaluate the impact of this announcement while taking into account a sample of 940 listed Indian companies and daily stock return data from 276 trading days. According to the study's examination of cumulative average abnormal returns (CAAR) and daily average abnormal returns (AAR) for various event windows, stock market participants have positively and strongly reacted to the BRSR announcement. Further, the impact of carbon sensitivity has been evaluated through independent industry-level analyses. Present research assists managers to understand investor perception towards non-financial disclosures which further helps to enhance the firm value and reduce information asymmetry by providing relevant information. Further, policymakers can use findings of present research to disseminate the advantages of adopting ESG disclosure practices. Current study provides pioneering evidence on the market response to compulsory ESG disclosure framework in emerging context. Further, it makes a substantial contribution to the expanding field of sustainability research and has significant policy, managerial, and academic ramifications.]]>
<![CDATA[Examining The Effect of Digital Skills, Computer and Smartphone Usage Hours on The Digital Impact Among Students in A Malaysian Public University ]]>
<![CDATA[Razana Juhaida Johari]]>;
<![CDATA[Norfadzilah Rashid]]>;
<![CDATA[Nor Hafizah Abdul Rahman]]>;
<![CDATA[Rina Fadhilah Ismail]]>;
<![CDATA[Yusarina Mat Isa]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 8 No. 1 (2024): June 2024 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v8i1.786
<![CDATA[The objective of this study is to examine the digital impact among undergraduate students in a Malaysian public university that focus on how digital skills, computer and smartphone usage hours influence students perceived digital impact. This study involves a quantitative methodology, sampling 204 undergraduate students from a Malaysian public university. The use of an online questionnaire format facilitated widespread distribution, made completion more convenient for respondents, and facilitated the accumulation and management of responses. The results demonstrate a strong sense of digital citizenship among the respondents. Variables such as hours spent on the computer (COMPHOUR), digital skills (DIGSKILL), and hours spent on the smartphone (HPHOUR) have varying degrees of impact on the dependent variable, the perceived digital impact (DIGIMPACT). DIGSKILL appears to have a significant relationship with DIGIMPACT but not the HPHOUR and COMPHOUR. The findings underscore the importance of digital skills and call for the development of comprehensive digital literacy programs to equip students with the necessary skills for responsible and meaningful engagement with digital technology. This study added to the literature by analyzing digital skills, computer and smartphone usage hours on the digital impact among university students in Malaysia.]]>
<![CDATA[Towards Environmental Disclosure Based on Corporate Governance ]]>
<![CDATA[Luluk Ifada]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 7 No. 2 (2023): December 2023 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v7i2.787
<![CDATA[This study examines the effect of Corporate Governance (CG) on Economic Performance (EP) and CG on environmental disclosure (ED). Besides, it examines the mediating role of Economic performance (EcP) on CG and ED; and Environmental performance (EnP) on EcP and ED. This research used secondary data from Bloomberg with a purposive sampling method to obtain 2084 Asian public companies from 2006 to 2020. This research used multiple linear regression methods for data analysis. The results showed that CG and EcP had an effect on ED. EcP could not mediate the relationship between CG and ED. Besides, there was no moderating role of EcP in the relationship between EcP and ED. This study suggests that CG and EcP are important for improving ED. Furthermore, stakeholders need to pay attention to CG, EcP, EnP, and ED regarding business assessment. This study provides empirical evidence about the mediating role of EnP in the relationship between EcP and ED in public companies in Asia Pacific. There was still little research that discusses the relationship between environmental, social, and governance issues of an organization and its financial profitability. As far as our search from previous studies, this is the first study that examines the effect of corporate environmental, social, and governance practices on financial performance in the context of developing countries.]]>
<![CDATA[Sustainability Reporting, Directors’ Ownership, and Financial Performance of Listed Manufacturing Firms in Africa ]]>
<![CDATA[Emmanuel Kwame Doffour]]>;
<![CDATA[Anthony Adu-Asare Idun]]>;
<![CDATA[Isaac Kwadwo Anim]]>;
<![CDATA[Emmanuel Boye Asamoah]]>;
<![CDATA[Maya Novitasari]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 7 No. 2 (2023): December 2023 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v7i2.789
<![CDATA[This study examines how directors’ ownership moderates the relationship between sustainability reporting and the financial performance of manufacturing companies listed in Africa. This study used corporate reports from 2015 to 2021 for secondary data and conducted Regression analysis in Stata 15 with GMM as the estimator. Without the moderating variable, sustainability reporting had a negative impact on all financial performance indicators. Introducing directors’ ownership as the moderating variable, the interaction had a negative role in the relationship between sustainability reporting and financial performance metrics. However, the interaction changed the negative effect of sustainability reporting on management’s perspective (ROA) and market perspective (TQ) of financial performance from negative to positive. The study provides insight into how sustainability is reported in Africa, building on previous literature and expanding research to include manufacturing companies in Africa. Also, the study shows how directors having more ownership stake in the firm influence their sustainability reporting and performance. This study in Africa, unlike previous research, analyses how directors’ ownership influences the relationship between sustainability reporting and financial performance and finds evidence against the convergence of interest hypothesis.]]>
<![CDATA[Financial Policy and Firm’s Value: Pancasila Corporate Governance Disclosure as Moderating Variable ]]>
<![CDATA[Mukhtaruddin Mukhtaruddin]]>;
<![CDATA[M. Adam]]>;
<![CDATA[Isnurhadi Isnurhadi]]>;
<![CDATA[Luk Luk Fuadah]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 7 No. 2 (2023): December 2023 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v7i2.794
<![CDATA[The impression of a company’s performance by an investor is known as firm value. The growth in the stock price of a corporation indicates good performance. The company’s ability to prosper its shareholders is demonstrated by the increase in its share price. Many factors influence the company’s worth, including both internal and external issues. The objectives of this study are to investigate 1) the impact of financial policy on firm value (FV) and 2) the moderated impact of Pancasila Corporate Governance Disclosure (PCGD) on the relationship between financial policy to FV. The dividend payout ratio (DPR), investment opportunity set (IOS), and debt-to-equity ratio (DER) are all indicators of financial policy. The sample size is 66 companies listed on the Indonesia Stock Exchange (IDX) over a 10-year period. Moderating Regression Analysis is used in this study. The results revealed that DPR and DER have a significant effect on FV; however, IOS has no such effect. PCGD has the ability to control the relationship between DPR and DER to FV, but not the relationship between IOS and FV.]]>
<![CDATA[A New Contemporary Model of Brand Fidelity: A Sustainable Clothing Brand Perspective ]]>
<![CDATA[Elisa Veliana Putranto Walujo]]>;
<![CDATA[Michael Adiwijaya]]>;
<![CDATA[Halimin Herjanto]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 7 No. 2 (2023): December 2023 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v7i2.810
<![CDATA[The concept of brand is notoriously difficult to define and the findings of existing studies on this concept are mixed and inconclusive. This current study enriches the brand study reservoir by developing a new conceptual model of brand fidelity. It also presents a set of hypotheses that aim to provide a better understanding of the moderating effect of brand prominence and self-brand connection on the relationship between brand love and brand fidelity. The responses of 200 Indonesian online respondents were analyzed using Smart-PLS. The statistical results demonstrate that brand love, brand prominence, and self-brand connection positively and significantly influence brand fidelity. In contrast, it was found that brand prominence does not moderate the relationship between brand love and brand fidelity, while self-brand connection negatively and significantly does. Further, this study provides future research avenues and important implications for academics and business practitioners.]]>
<![CDATA[Business Strategies for Carbon Fiber-reinforced Polymer Recycling in the Aviation Industry: A Literature Review ]]>
<![CDATA[Arshi Naim]]>;
<![CDATA[Shad Ahmad Khan]]>;
<![CDATA[Praveen Kumar Malik]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 8 No. 1 (2024): June 2024 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v8i1.812
<![CDATA[In the current scenario transport industry has been found using light weighted materials for external structures. Automobile, Aviation, Trains, all are showing great interests in using Carbon fiber-reinforced polymers (CFRPs) because it is not only light weight but resistance to erosion and several functional elements which are helpful in the transport industry. However the CFRP composites (CFRP-Cs) have disadvantage of recycling process due to its compounds, the recycling process can be only conducted in the extreme conditions and yet direct reuse of these CFRP-Cs are difficult to be processed. This study is investigates the business management strategies for making the CFRP-Cs applications effective and prolonged in the aviation industry. This research studies and review the use and state of art CFRP fiber, the process of recycling adopted their challenges, benefits, and guidelines. The existing state of art has suggested that CFRP use cannot be prevented but for sustainability of environment business strategies should create the market of CFRP recycling and generate consent for progressive use of recycled materials between industries in sliding directive for the necessary mechanical performance of the CFRP-Cs.]]>
<![CDATA[A Systematic Literature Review of Financial Sustainability ]]>
<![CDATA[Ni Luh Gde Novitasari]]>;
<![CDATA[I Ketut Yadnyana]]>;
<![CDATA[Gayatri Gayatri]]>;
<![CDATA[I Nyoman Wijana Asmara Putra]]>
<![CDATA[ Indonesian Journal of Sustainability Accounting and Management Vol. 8 No. 1 (2024): June 2024 ]]>
Publisher : <![CDATA[Universitas Pasundan ]]>
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DOI: 10.28992/ijsam.v8i1.816
<![CDATA[This study aims to examine the progression of financial sustainability by conducting a systematic literature review. It involves critical evaluations of prior research endeavors and endeavors to pinpoint potential directions for future analyses. The data were analyzed using a qualitative approach, which involved examining 27 articles published between 2013 and 2022. Certain reviews have adopted a quantitative method, primarily focusing on microfinance institutions and banks, there has been limited discourse on the implementation of financial sustainability in both the private and public sectors. The results of this research offer a thorough examination of the development of financial sustainability over the past decade. The conducted review addresses a gap in the existing literature and acts as a valuable roadmap for future investigations into financial sustainability. This research fills a critical gap in existing literature and lays the groundwork for future investigations. Its implications extend to informing decision-makers, practitioners, and policymakers, emphasizing the need for a holistic approach in comprehending the multifaceted aspects of sustainable financial practices. The value of the study is offering a nuanced perspective that bridges a gap in existing literature. The findings contribute to informed decision-making for practitioners, policymakers, and academics, fostering a holistic approach to sustainable financial practices.]]>
