E-Jurnal Akuntansi TSM
type: channel
description: E-Jurnal Akuntansi Trisakti School of Management (TSM) is quarterly publication issued in the month of March, June, September, and December. E-Jurnal Akuntansi TSM published by Pusat Penelitian dan Pengabdian kepada Masyarakat, Sekolah Tinggi Ilmu Ekonomi Trisakti, Jl. Kyai Tapa No. 20 Grogol, Jakarta 11440, Telp. (021)5666717 ext 138, and cooperate with Ikatan Akuntan Indonesia Kompartemen Akuntan Pendidik (IAI KAPd). E-Jurnal Akuntansi TSM is a scientific journal which prioritizes the publication of articles (research and non-research based) regarding to accounting issues (financial accounting and capital market, auditing, management accounting, accounting information systems, taxation), and others. This is an opened-journal where everyone can submit their articles, as long as they are original, unpublished and not under review for possible publication in other journals. Copyright of E-Jurnal Akuntansi TSM, ISSN Online (E-ISSN 2775-8907). E-Jurnal Akuntansi TSM has obtained a SINTA 4 accreditation from Directorate General of Higher Education, Research and Technology, Ministry of Education, Culture, Research, and Technology of the Republic of Indonesia by SK No. 177/E/KPT/2024 for the period E-Jurnal Akuntansi TSM 1(3), September 2021 to E-Jurnal Akuntansi TSM 6(2), June 2026.
publisher: Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti
language: en
publication name: E-Jurnal Akuntansi TSM
issn: 2775-8907
items: PENGARUH HEXAGON’S FRAUD TERHADAP FRAUDULENT FINANCIAL STATEMENT: PERAN AUDIT COMMITTEE SEBAGAI VARIABEL MODERASI
items: PENERAPAN ALTMAN Z-SCORE MODIFIKASI UNTUK MEMPREDIKSI FINANCIAL DISTRESS PADA PERUSAHAAN TEKNOLOGI DI BURSA EFEK INDONESIA
items: THE EFFECT OF ENVIRONMENTAL MANAGEMENT SYSTEM ON FIRM PERFORMANCE WITH CAPITAL STRUCTURE AS MODERATING VARIABLE
items: PENGARUH ENVIRONMENTAL MANAGEMENT SYSTEM TERHADAP NILAI PERUSAHAAN DENGAN CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERASI
items: PROFITABILITY AND MARKET VALUE ON STOCK PRICE: FIRM SIZE MODERATION IN PUBLIC COMPANIES IN INDONESIA
items: PENGARUH INTELLECTUAL CAPITAL, LIKUIDITAS DAN FAKTOR LAINNYA TERHADAP NILAI PERUSAHAAN
items: OPINI AUDIT GOING CONCERN INDUSTRI CONSUMER CYCLICAL: PERAN AUDIT TENURE DAN DEBT DEFAULT
items: INTERNAL CONTROL SYSTEMS EFFECTIVENESS AND THE PREVALENCE OF ACCOUNTING FRAUD
items: LOCAL CULTURAL VALUES IN CAPITAL ACCOUNTING OF TRADITIONAL CLOTHING ENTERPRISES
items: ANALISIS TRADING VOLUME ACTIVITY PADA PERISTIWA POLITIK SEBELUM DAN SESUDAH DEMO DPR (EVENT STUDY PADA INDEKS SAHAM LQ45)
items: PENGARUH RISIKO LITIGASI, FINANCIAL DISTRESS DAN PROFITABILITAS TERHADAP KONSERVATISME AKUNTANSI (STUDI PADA PERUSAHAAN ASURANSI PERIODE 2020 HINGGA 2023)
items: PENGARUH KOMISARIS INDEPENDEN DAN LAINNYA TERHADAP NILAI PERUSAHAAN
items: ALIGNING TAX PLANNING AND CSR STRATEGY TO BOOST FIRM VALUE: THE MODERATING POWER OF FEMALE BOARD REPRESENTATION
items: PENGARUH PENGHINDARAN PAJAK, BIAYA MODAL EKUITAS, DAN TATA KELOLA PERUSAHAAN TERHADAP PENGUNGKAPAN CSR
items: PENGARUH KEBIJAKAN DIVIDEN, LEVERAGE, DAN PERSISTENSI LABA TERHADAP KINERJA SAHAM DI PASAR MODAL PADA PERUSAHAAN CONSUMER NON-CYCLICALS YANG TERDAFTAR DI BURSA EFEK INDONESIA
items: FIRM SIZE DAN PROFITABILITAS DALAM MENENTUKAN FINANCIAL DISTRESS PADA PERUSAHAAN SUB SEKTOR FOOD AND BEVERAGE YANG TERDAFTAR DI BEI PERIODE 2021 – 2023
items: FAKTOR-FAKTOR YANG MEMPENGARUHI TAX AVOIDANCE
items: TAX AVOIDANCE : BOARD CHARACTERISTICS, FINANCIAL DISTRESS, DAN COMPANY SIZE
items: GREEN WASHING: KECURANGAN NON-LAPORAN KEUANGAN DAN MOTIVASI KECURANGAN
items: KONEKSI POLITIK, TEKANAN PEMERINTAH DAN FAKTOR LAIN YANG MEMENGARUHI PENGUNGKAPAN LAPORAN KEBERLANJUTAN
items: PENGARUH EARLY WARNING SYSTEM TERHADAP PROFITABILITAS DENGAN COMPANY SIZE SEBAGAI MEDIASI PADA ASURANSI SYARIAH INDONESIA
items: THE IMPACT OF FINANCIAL SECRECY ON CORRUPTION
items: PERAN ROA, ROE, NPM DAN TATO SEBAGAI PREDIKTOR HARGA SAHAM PERUSAHAAN BLUE CHIP DI INDONESIA
items: ANALISIS PERBEDAAN KINERJA KEUANGAN SEBELUM DAN SESUDAH RIGHT ISSUE PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA 2015-2023
items: PENGARUH FASILITAS PERPAJAKAN, UKURAN PERUSAHAAN, RETURN ON ASSETS (ROA) DAN KOMITE AUDIT TERHADAP MANAJEMEN PAJAK
items: PENGARUH ENVIRONMENTAL, SOCIAL, DAN GOVERNANCE DISCLOSURE TERHADAP FINANCIAL SUSTAINABILITY DENGAN FINANCIAL PERFORMANCE SEBAGAI VARIABEL MODERASI
items: PENGARUH TAX AVOIDANCE DAN KINERJA LINGKUNGAN TERHADAP SUSTAINABILITY REPORT DISCLOSURE
items: FAKTOR PENENTU NIAT WAJIB PAJAK DALAM PENGGUNAAN APLIKASI CORETAX
items: PENGARUH PENGUNGKAPAN ESG DAN RASIO KEUANGAN TERHADAP NILAI PERUSAHAAN
items: PENGARUH PROFITABILITAS DAN ECO-EFFICIENCY TERHADAP NILAI PERUSAHAAN DENGAN CEO POWER SEBAGAI VARIABEL MODERASI

PENGARUH HEXAGON’S FRAUD TERHADAP FRAUDULENT FINANCIAL STATEMENT: PERAN AUDIT COMMITTEE SEBAGAI VARIABEL MODERASI
type: item
description: The purpose of this study is to gather empirical evidence on the influence of external pressure, change in auditor, nature of industry, CEO duality, change in director, political connection, and financial stability in relation to fraudulent financial statement. In addition, this study aims to examine the relationship between external pressure, change in auditor, nature of industry, CEO duality, change in director, political connection through the audit committee on fraudulent financial statement. This research utilizes 119 manufacturing companies listed on the Indonesia Stock Exchange over the past three years (2021-2023). The sample was selected using the purposive sampling method, and the data were analyzed using multiple linear regression analysis. The results of this study indicate that the variable nature of industry significantly affect fraudulent financial statement. Additionally, the audit committee is able to moderate the influence of nature of industry on fraudulent financial statement.
subject: Articles
  topic: section
subject: Nature of industry
  topic: keywords
subject: Audit Committee
  topic: keywords
subject: Fraudulent Financial Reporting
  topic: keywords
subject: External Pressure
  topic: keywords
creator: Alfika Nurul Safitri
creator: Arwina Karmudiandri
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 199
ending page: 216
doi: 10.34208/ejatsm.v6i1.3382

PENERAPAN ALTMAN Z-SCORE MODIFIKASI UNTUK MEMPREDIKSI FINANCIAL DISTRESS PADA PERUSAHAAN TEKNOLOGI DI BURSA EFEK INDONESIA
type: item
description: This study aims to analyze the potential for financial distress and the classification of financial health levels based on the Altman Z-Score model in technology sector companies listed on the Indonesia Stock Exchange (IDX). Using a purposive sampling technique, 24 technology companies were selected as the research sample over the 2021-2024 period. The research findings indicate the presence of potential financial distress in the technology sector, particularly in 2021, when several companies were classified within the distress zone. However, by 2024, an improvement was observed, with most companies maintaining Z-Score values above the safe threshold. Nevertheless, four companies maintained Z-Score values above the safe threshold. Nevertheless, four companies remain in the grey area and are approaching in the distress zone.
subject: Articles
  topic: section
subject: Financial Distress
  topic: keywords
subject: Financial Accounting
  topic: keywords
subject: Altman Z-Score
  topic: keywords
subject: Z-Score Analysis
  topic: keywords
creator: Nur Azisah Syam
creator: Muzakkir
creator: Rahmaniarsih
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 157
ending page: 170
doi: 10.34208/ejatsm.v6i1.3361

THE EFFECT OF ENVIRONMENTAL MANAGEMENT SYSTEM ON FIRM PERFORMANCE WITH CAPITAL STRUCTURE AS MODERATING VARIABLE
type: item
description: This study aims to analyze the effect of Environmental Management Systems (EMS), measured through ISO 14001 certification, on Company Performance, measured by Return on Equity (ROE), with Capital Structure, measured by Debt to Equity Ratio (DER), as a moderating variable. Using secondary data from 36 manufacturing companies listed on the MNC-36 Index of the Indonesia Stock Exchange during the period 2018-2023, the analysis was conducted through moderation regression and a simple slope test. The findings show that SML has a significant positive effect on ROE, where DER moderates this relationship non-linearly: negatively at low DER levels (Estimate = -8.82, p < 0.001), insignificantly at average DER levels (Estimate = 1.36, p = 0.392), and positive at high DER levels (Estimate = 11.54, p< 0.001). These results are in line with Stakeholder Theory and Agency Theory, and provide practical implications for managers to optimize capital structure before implementing EMS.
subject: Articles
  topic: section
subject: Environmental Management System
  topic: keywords
subject: Firm Performance
  topic: keywords
subject: Capital Structure
  topic: keywords
subject: Moderating Variable
  topic: keywords
creator: Destri Syeba Stevani Sijabat
creator: Francis Hutabarat
creator: Harlyn Siagian
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 183
ending page: 198
doi: 10.34208/ejatsm.v6i1.3341

PENGARUH ENVIRONMENTAL MANAGEMENT SYSTEM TERHADAP NILAI PERUSAHAAN DENGAN CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERASI
type: item
description: Abstract: This research aims to analyze the influence of implementing the ISO 14001 Environmental Management System on Firm Value, with Corporate Governance as a moderating variable. Stakeholder theory is used as a theoretical foundation and emphasizes the importance for companies to consider the interests of stakeholders thru sustainability initiatives and corporate governance. The research method used is quantitative, with secondary data obtained from annual reports and sustainability reports. The research sample consists of fifteen banks included in the JKBank15 Index during the period from 2018 to 2024. Data analysis was conducted using descriptive statistics, regression with a moderating variable, and simple slope testing with the assistance of Jamovi software. The research results indicate that the Environmental Management System ISO 14001 has a positive and significant effect on Firm Value. Additionally, Corporate Governance also has a significant effect on PBV and is able to strengthen the influence of the Environmental Management System ISO 14001 on Firm Value. This finding suggests that Corporate Governance has a moderating effect that enhances the relationship between the Environmental Management System ISO 14001 and Firm Value. Therefore, high Corporate Governance standards and practices can strengthen the impact of implementing the Environmental Management System ISO 14001 on increasing Firm Value, while when the role of Corporate Governance is low, the influence of the Environmental Management System on Firm Value becomes insignificant.
subject: Articles
  topic: section
subject: Environmental Management System
  topic: keywords
subject: Firm Value
  topic: keywords
subject: Corporate Governance
  topic: keywords
creator: Mick Jovi Brucelee Manueke
creator: Francis Hutabarat
creator: Judith Tagal Gallena Sinaga
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 143
ending page: 156
doi: 10.34208/ejatsm.v6i1.3338

PROFITABILITY AND MARKET VALUE ON STOCK PRICE: FIRM SIZE MODERATION IN PUBLIC COMPANIES IN INDONESIA
type: item
description: This study aims to analyze the influence of profitability, market value, and firm size on the stock prices of pharmaceutical companies and examine the role of moderating variables in strengthening this relationship. The pharmaceutical industry was chosen as the research object due to its innovation-intensive nature, tight regulation, and stock price dynamics that do not always align with the company's fundamental performance. This study employed a quantitative approach using the Partial Least Squares–Structural Equation Modeling (PLS-SEM) method. The research data consisted of secondary data obtained from financial reports and stock price data of pharmaceutical companies listed on the Indonesia Stock Exchange during a specific observation period. The analysis technique involved evaluating the measurement model (outer model) and the structural model (inner model), as well as testing hypotheses using bootstrapping procedures. The results showed that profitability, market value, and firm size had a positive and significant effect on stock prices. Furthermore, the results of the moderating variable test indicated that the moderating variables were able to strengthen the relationship between the company's fundamental variables and stock prices. The research model has strong explanatory power, as demonstrated by a high coefficient of determination and the fulfillment of all validity and reliability criteria. This research provides a theoretical contribution by enriching the capital market literature on stock price formation mechanisms, particularly in the pharmaceutical sector, with an emphasis on the important role of moderating variables. Practically, the results of this study can be used as a consideration by company management and investors when making investment decisions based on fundamental company information
subject: Articles
  topic: section
subject: stock price
  topic: keywords
subject: profitability
  topic: keywords
subject: market value
  topic: keywords
subject: company size
  topic: keywords
subject: pharmaceutical company
  topic: keywords
subject: PLS-SEM
  topic: keywords
creator: Endra Wahyu Ningdiyah
creator: Ruci Arizanda Rahayu
creator: Wiwit Hariyanto
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 127
ending page: 142
doi: 10.34208/ejatsm.v6i1.3329

PENGARUH INTELLECTUAL CAPITAL, LIKUIDITAS DAN FAKTOR LAINNYA TERHADAP NILAI PERUSAHAAN
type: item
description: Firm value reflects the level of a company’s success and the perception investors have toward the company. The purpose of this study is to examine several factors that can affect firm value such as intellectual capital, managerial ownership, profitability, tax avoidance, leverage, and liquidity. The object of this research includes all manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2022 to 2024. The sample was selected using the purposive sampling method and the data was analyzed using the multiple regression method. There are 91 companies with 273 data used as samples in this study. The results of this research indicate that the variable of profitability has a positive effect on firm value. A high level of profitability shows the company’s ability to manage its resources effectively to generate profit. Meanwhile, intellectual capital, managerial ownership, tax avoidance, leverage, and liquidity have no effect on firm value.
subject: Articles
  topic: section
subject: firm value
  topic: keywords
subject: intellectual capital
  topic: keywords
subject: managerial ownership
  topic: keywords
subject: profitability
  topic: keywords
subject: tax avoidance
  topic: keywords
creator: Vony Aletha
creator: Ricky A. Mulyana
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 431
ending page: 446
doi: 10.34208/ejatsm.v5i4.3297

OPINI AUDIT GOING CONCERN INDUSTRI CONSUMER CYCLICAL: PERAN AUDIT TENURE DAN DEBT DEFAULT
type: item
description: This research aims to examine the influence of audit tenure and debt default on the issuance of going concern audit opinions. A quantitative approach was adopted for the secondary data samples. Previous studies have produced inconsistent findings. In this research, audit tenure is measured as the number of years since 2021, debt default is represented by the debt-to-equity ratio, and the going concern opinion is operationalized as a dummy variable. The company’s financial reports of 115 consumer cyclical corporations listed on IDX during the years 2021 to 2023 were analyzed. These companies were chosen through the application of purposive sampling. The results of the logistic regression test show that audit tenure negatively impacts going concern opinions. Conversely, debt default positively impacts going concern opinions.
subject: Articles
  topic: section
subject: Audit Tenure
  topic: keywords
subject: Audit Opinion
  topic: keywords
subject: Debt Default
  topic: keywords
subject: Going Concern
  topic: keywords
creator: Gracella Theotama
creator: Agitiara Berliana Ranjani
creator: Shirley Wijaya
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 111
ending page: 126
doi: 10.34208/ejatsm.v6i1.3268

INTERNAL CONTROL SYSTEMS EFFECTIVENESS AND THE PREVALENCE OF ACCOUNTING FRAUD
type: item
description: Fraud is defined as the fraudulent manipulation and pursuit of profits for parties who report the assets and financial accounts of a corporation. Fraud can happen in a variety of industries, including the public and commercial sectors. This study aims to identify the partial and simultaneous effects of information asymmetry, religiosity, appropriateness of compensation, and the efficiency of the internal control system on the likelihood of accounting fraud in the Pemalang Regency government sector. Quantitative research is the research technique used. Purposive sampling is the method of selection used in this investigation. 100 employees, particularly those in the finance department, of the SKPD (local and regional government institutions) of Pemalang Regency served as the study's sample population. The study's data analysis methods included multiple linear regression analysis. Unless the variables of compensation suitability have no effect on the propensity of accounting fraud, the variables of knowledge asymmetry, religiosity, and the efficacy of the internal control system partially affect the tendency to accounting fraud. Information asymmetry, religiosity, appropriateness of reward, and the efficiency of the internal control system all work together to influence the likelihood of accounting fraud in Pemalang Regency's public sector.
subject: Articles
  topic: section
subject: Accounting Fraud
  topic: keywords
subject: Information Asymmetry
  topic: keywords
subject: Religiosity
  topic: keywords
subject: Compensation Suitability
  topic: keywords
subject: Internal Control Systems
  topic: keywords
subject: Prevalence to Accounting Fraud
  topic: keywords
creator: Ismi Salsabila
creator: Ina Mutmainah
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 171
ending page: 182
doi: 10.34208/ejatsm.v6i1.3265

LOCAL CULTURAL VALUES IN CAPITAL ACCOUNTING OF TRADITIONAL CLOTHING ENTERPRISES
type: item
description: This study addresses the limited research on capital accounting theory in local culture, particularly within the Islamic values of the Gorontalo community. Small business accounting practices are not only technical but also reflect local wisdom that enriches accounting knowledge. This topic is important because it provides new insights into how culture and spirituality shape capital accounting practices. The novelty of this study lies in applying Islamic ethnomethodology to explore the meaning of capital accounting, filling the gap in research on integrating local culture and spiritual values into accounting theory. The research employed a spiritual paradigm with an Islamic ethnomethodological approach. Data were analyzed through five stages: charity, knowledge, faith, revelation information, and courtesy. Findings show that business capital in traditional clothing rentals in Gorontalo comes from personal funds and is recorded only by memory. This practice reflects the value of patience, expressed in “mopo’o tanggalo duhelo” meaning full of patience. In conclusion, capital accounting based on local culture represents not only economic aspects but also Islamic spiritual values. The study contributes to accounting culture theory and offers practical guidance for local entrepreneurs.
subject: Articles
  topic: section
subject: accounting
  topic: keywords
subject: capital
  topic: keywords
subject: traditional clothing rental
  topic: keywords
subject: Gorontalo
  topic: keywords
subject: Islamic ethnomethodology
  topic: keywords
creator: Mohamad Anwar Thalib
creator: Nadia Saputri R. Bau
creator: Rizky Rizhaldy Surdana
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 403
ending page: 412
doi: 10.34208/ejatsm.v5i4.3208

ANALISIS TRADING VOLUME ACTIVITY PADA PERISTIWA POLITIK SEBELUM DAN SESUDAH DEMO DPR (EVENT STUDY PADA INDEKS SAHAM LQ45)
type: item
description: The DPR demonstration event triggered reactions in the stock market, particularly in terms of trading volume activity. This study aims to analyze the difference in trading volume activity during the 2025 DPR demonstration political event. The research method is quantitative based on event study with SPSS analysis tools. The sample used in this study is all companies listed in LQ45. The research period was conducted for 10 days before and 10 days after the DPR demonstration event. The analysis technique used the Wilcoxon signed ranks test. The results of this study indicate that there is no significant difference in trading volume activity for LQ45 stocks before and after the 2025 DPR Demonstration. These findings show that information about the 2025 DPR Demonstration did not produce negative or positive signals, thus having no impact on changes in transaction intensity. The implications of these findings indicate that not all political events or social issues automatically have a significant impact on market activity.
subject: Articles
  topic: section
subject: DPR Demonstration
  topic: keywords
subject: LQ45 Index
  topic: keywords
subject: Studi Peristiwa
  topic: keywords
subject: Volume Perdagangan Saham
  topic: keywords
creator: Ghea Yupuria
creator: Laudia Vika Saranga
creator: Septi Saputri
creator: Agus Satrya Wibowo
creator: Ade Yuniati
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 307
ending page: 316
doi: 10.34208/ejatsm.v5i4.3204

PENGARUH RISIKO LITIGASI, FINANCIAL DISTRESS DAN PROFITABILITAS TERHADAP KONSERVATISME AKUNTANSI (STUDI PADA PERUSAHAAN ASURANSI PERIODE 2020 HINGGA 2023)
type: item
description: This study aims to examine and analyze the effect of litigation risk, financial distress, and profitability on accounting conservatism in insurance companies registered with the Financial Services Authority (OJK) for the 2020–2023 period. This research employs a quantitative approach using secondary data in the form of audited financial statements of insurance companies listed on the OJK. The research sample consists of 36 insurance companies selected using purposive sampling, resulting in 144 observations. The analytical method used is multiple linear regression analysis of panel data with E-Views version 12 software, and the selected panel regression model is the Random Effect Model (REM). The results show that litigation risk has a significant positive effect on accounting conservatism in insurance companies, while financial distress and profitability have a significant negative effect on accounting conservatism in insurance companies.
subject: Articles
  topic: section
subject: Litigation Risk
  topic: keywords
subject: Financial Distress
  topic: keywords
subject: Accounting Conservatism
  topic: keywords
subject: Profitability
  topic: keywords
creator: Fickriana Nola Shabilla
creator: Anita Wijayanti
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 57
ending page: 70
doi: 10.34208/ejatsm.v6i1.3190

PENGARUH KOMISARIS INDEPENDEN DAN LAINNYA TERHADAP NILAI PERUSAHAAN
type: item
description: This study aims to examine the effect of independent commissioners, institutional ownership, audit committees, managerial ownership, the presence of female board members, and capital structure on firm value in manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2021-2023 period. The research employed a quantitative approach with a causal design. The sample was selected using purposive sampling, resulting in 61 companies with 183 data observations. Data were analyzed using multiple linear regression with Robust Standard Errors (RSSE) due to the presence of heteroskedasticity. The findings indicate that, simultaneously, the model is not significant. Partially, only the capital structure is found to have a positive and significant impact on firm value, while the other five good corporate governance variables (independent commissioners, institutional ownership, audit committees, managerial ownership, female board members) show no significant effect. These results suggest that in the context of corrected heteroskedasticity, investors tend to prioritize financial structure considerations over GCG mechanisms when assessing a company’s prospects.
subject: Articles
  topic: section
subject: Firm Value
  topic: keywords
subject: Independent Commissioners
  topic: keywords
subject: Institutional Ownership
  topic: keywords
subject: Audit Committees
  topic: keywords
subject: Managerial Ownership
  topic: keywords
subject: Female Board Commissioners
  topic: keywords
subject: Capital Structure
  topic: keywords
creator: William Angelo Kurniawan
creator: Umar Issa Zubaidi
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 389
ending page: 402
doi: 10.34208/ejatsm.v5i4.3176

ALIGNING TAX PLANNING AND CSR STRATEGY TO BOOST FIRM VALUE: THE MODERATING POWER OF FEMALE BOARD REPRESENTATION
type: item
description: This research examined the effect of tax planning and corporate social responsibility (CSR) strategy on firm value, with board gender diversity (BGD) as a moderating variable. This study used a quantitative approach with secondary data from 43 food and beverages companies listed on the Indonesia Stock Exchange (IDX) during 2020-2024, resulting in 215 firm-year observations. Data were analyzed using multiple linear regression and moderated regression analysis (MRA) with STATA 19 software. The results showed that both tax planning and CSR strategy had a positive and significant effect on firm value, indicating that transparent fiscal management and responsible CSR practices improve market performance. However, board gender diversity did not significantly moderate the relationship between tax planning and firm value but positively moderated the relationship between CSR strategy and firm value. This research contributes to the literature on corporate governance and sustainability by integrating tax behavior, CSR, and board diversity as determinants of firm value, and it provides practical insights for policymakers and corporate leaders to align governance structures with sustainable growth goals.
subject: Articles
  topic: section
subject: Tax Planning
  topic: keywords
subject: CSR Strategy
  topic: keywords
subject: Firm Value
  topic: keywords
subject: Board Gender Diversity
  topic: keywords
creator: Hubertus Ade Resha Raditya Boli
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 291
ending page: 306
doi: 10.34208/ejatsm.v5i4.3172

PENGARUH PENGHINDARAN PAJAK, BIAYA MODAL EKUITAS, DAN TATA KELOLA PERUSAHAAN TERHADAP PENGUNGKAPAN CSR
type: item
description: A fundamental aspect of conducting business is to ensure that a company’s operations are consistent with social standards and community expectations in order to secure social acceptance. To achieve this, organizations often adopt non-financial communication approaches, including the publication of corporate social responsibility (CSR) reports. This study seeks to analyze the effect of tax avoidance, cost of equity, and corporate governance mechanisms particularly family and foreign ownership on CSR disclosure. The research is based on a sample of 50 mining firms listed on the Indonesia Stock Exchange (IDX) between 2019 and 2023, chosen through a purposive sampling technique. The data were processed using panel data regression with the aid of EViews version 12.The results demonstrate that tax avoidance has a significant negative impact on CSR disclosure, while cost of equity, family ownership, and foreign ownership do not show a meaningful influence. These findings suggest that, although tax avoidance tends to reduce corporate social transparency, the ownership composition and shareholder value are not the primary determinants of CSR reporting in the mining sector.
subject: Articles
  topic: section
subject: Tax Avoidance, Cost Of Equity Capital, Family Ownership, Foreign Ownership, Corporate Social Responsibility
  topic: keywords
creator: Anggraini Nawal Rizqiyah
creator: Ade Irma Suryani Lating
creator: Mohammad Dliyaul Muflihin
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 95
ending page: 110
doi: 10.34208/ejatsm.v6i1.3150

PENGARUH KEBIJAKAN DIVIDEN, LEVERAGE, DAN PERSISTENSI LABA TERHADAP KINERJA SAHAM DI PASAR MODAL PADA PERUSAHAAN CONSUMER NON-CYCLICALS YANG TERDAFTAR DI BURSA EFEK INDONESIA
type: item
description: This quantitative study aims to provide empirical evidence on the influence of dividend policy, leverage, and earnings persistence on stock performance in consumer non-cyclicals companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period. This study used secondary data from the companies’ annual financial reports. The sample was selected using a purposive sampling technique, resulting in 98 observational data points from companies that met the research criteria. The data were analyzed using multiple linear regression with the assistance of IBM SPSS Statistics version 25. This study finds that dividend policy and earnings persistence have a negative and significant effect on stock performance, while leverage has no effect. These findings indicate that in relatively stable sectors such as consumer non-cyclicals, investors tend to give more consideration to internal company factors, such as dividend distribution policy and earnings consistency, when assessing stock prospects and performance.
subject: Articles
  topic: section
subject: Dividend Policy
  topic: keywords
subject: Leverage
  topic: keywords
subject: Earnings Persistence
  topic: keywords
subject: Stock Performance
  topic: keywords
subject: Consumer Non-cyclicals
  topic: keywords
creator: Diana Putri Anggraini
creator: Anita Wijayanti
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 351
ending page: 366
doi: 10.34208/ejatsm.v5i4.2915

FIRM SIZE DAN PROFITABILITAS DALAM MENENTUKAN FINANCIAL DISTRESS PADA PERUSAHAAN SUB SEKTOR FOOD AND BEVERAGE YANG TERDAFTAR DI BEI PERIODE 2021 – 2023
type: item
description: This study aims to analyze the effect of Firm Size and Profitability (ROA) on Financial Distress in food and beverage companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period. The research employs a quantitative approach using multiple linear regression analysis. The sample consists of 10 companies selected through the purposive sampling method. Financial distress is measured using the Altman Z-Score model. The results indicate that Profitability (ROA) has a positive and significant effect on Financial Distress, while Firm Size shows no significant effect. However, both variables simultaneously have a significant influence on Financial Distress. These findings suggest that profitability plays a dominant role in determining the financial health of food and beverage companies in Indonesia.
subject: Articles
  topic: section
subject: Profitability, Firm Size, Financial Distress, Altman Z-Score
  topic: keywords
creator: Rizki Ainun Fadhila
creator: Sri Suartini
creator: Hari Sulistiyo
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 83
ending page: 94
doi: 10.34208/ejatsm.v6i1.3101

FAKTOR-FAKTOR YANG MEMPENGARUHI TAX AVOIDANCE
type: item
description: This study aims to examine the influence of Return on Assets, Leverage, Firm Size, Sales Growth, Capital Intensity, Transfer Pricing, Audit Committee, and Institutional Ownership on Tax Avoidance. The object of this research is manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the period 2021–2023.The method used in this study is purposive sampling, resulting in a sample of 65 companies with a total of 195 data points. The data analysis method employed is multiple linear regression, using SPSS version 25 as the analytical tool. The results of this study indicate that Return on Assets, Sales Growth, and Capital Intensity have an effect on Tax Avoidance, while Leverage, Size, Transfer Pricing, Institutional Ownership, and Audit Committee do not have an effect on Tax Avoidance.
subject: Articles
  topic: section
subject: Tax Avoidance
  topic: keywords
subject: Return on Assets
  topic: keywords
subject: Leverage
  topic: keywords
subject: Firm Size
  topic: keywords
subject: Sales Growth
  topic: keywords
subject: Capital Intensity
  topic: keywords
subject: Pricing
  topic: keywords
subject: Audit Comittee
  topic: keywords
subject: Institutional Ownership
  topic: keywords
creator: Theofilus William
creator: Suryanto
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 413
ending page: 430
doi: 10.34208/ejatsm.v5i4.3094

TAX AVOIDANCE : BOARD CHARACTERISTICS, FINANCIAL DISTRESS, DAN COMPANY SIZE
type: item
description: This study aims to analyze the influence of corporate governance (board independence, board size, female directors) and company characteristics (financial distress, company size) on tax avoidance in energy sector companies in Indonesia. This study uses a quantitative approach with panel data from 44 energy sector companies listed on the Indonesia Stock Exchange (IDX) for the 2021–2024 period (176 observations). Tests were conducted using a Random Effects model, with tax avoidance proxied by the Effective Tax Rate (ETR), and financial distress measured using the Altman Z-Score. The results show that financial distress has a significant negative effect on tax avoidance, while company size has a significant positive effect. Corporate governance variables do not show a significant effect. These findings are useful for regulators in increasing oversight of large companies and reviewing governance effectiveness. For companies, these results emphasize the importance of board quality, while for investors, company size can be an indicator of tax avoidance risk.
subject: Articles
  topic: section
subject: tax avoidance
  topic: keywords
subject: financial distress
  topic: keywords
subject: company size
  topic: keywords
subject: board characteristics
  topic: keywords
creator: Grace Gloria Makatita
creator: Barlia Annis Syahzuni
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 367
ending page: 388
doi: 10.34208/ejatsm.v5i4.3090

GREEN WASHING: KECURANGAN NON-LAPORAN KEUANGAN DAN MOTIVASI KECURANGAN
type: item
description: The environment is currently one of the most important things to protect. The government has implemented regulations for environmental preservation, especially for companies. Companies' activities in protecting the environment can be seen in their published sustainability reports. However, these reports sometimes do not reflect what the companies actually do. Most companies only provide a narrative of their activities without accompanying concrete actions. This has given rise to a new form of fraud called greenwashing. This study was conducted to obtain empirical evidence of the influence of motivation to commit fraud in the perspective of the fraud triangle, namely pressure, opportunity, and rationalization. A total of 132 non-financial companies listed on the Indonesia Stock Exchange from 2020 to 2024 were used as research samples. Sample selection was carried out using purposive sampling. Hypothesis testing was conducted using multiple regression through the Stata application. The test results showed that pressure, measured using financial stability, and rationalization had an influence on greenwashing. This indicates that poor financial conditions of a company can increase the likelihood of greenwashing. In addition, the amount of costs incurred for environmental preservation can encourage greenwashing. The results of this study are expected to provide information for investors and regulators regarding the existence of fraud that is exploited in addition to fraud through financial reports, so that more supervision can be carried out through regulations.
subject: Articles
  topic: section
subject: Triangle Fraud
  topic: keywords
subject: Green Washing
  topic: keywords
subject: Non-Financial Fraudulence
  topic: keywords
creator: Nico Alexander
creator: Silvy Christina
creator: Fanny Anggreani
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 71
ending page: 82
doi: 10.34208/ejatsm.v6i1.3089

KONEKSI POLITIK, TEKANAN PEMERINTAH DAN FAKTOR LAIN YANG MEMENGARUHI PENGUNGKAPAN LAPORAN KEBERLANJUTAN
type: item
description: The purpose of this research is to analyze the effect of profitability, liquidity, political connection, government pressure, firm size, board of director, and audit committee on sustainability report disclosure at companies listed on the Indonesia Stock Exchange from 2021 to 2023, using the Statistical Package for the Social Sciences (SPSS) with multiple regression analysis. The result of this research indicates that profitability, political connection, government pressure, board of director, and audit committee have no effect on sustainability report disclosure. While, firm size and liquidity have an effect on sustainability report disclosure. Firm size positively influenced the disclosure, as larger companies with more resources and a wider reach tend to enhance their legitimacy from societal perspective through sustainability report disclosure.
subject: Articles
  topic: section
subject: Sustainability Report Disclosure
  topic: keywords
subject: Stakeholder Theory
  topic: keywords
subject: Political Connection
  topic: keywords
subject: Government Pressure
  topic: keywords
creator: Evan Jelanni
creator: Deasy Ariyanti Rahayuningsih
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 19
ending page: 34
doi: 10.34208/ejatsm.v6i1.3074

PENGARUH EARLY WARNING SYSTEM TERHADAP PROFITABILITAS DENGAN COMPANY SIZE SEBAGAI MEDIASI PADA ASURANSI SYARIAH INDONESIA
type: item
description: This study aims to analyze the effect of the early warning system, measured by the claim burden ratio, fund adequacy ratio, premium growth ratio, and self-retention ratio, on profitability (ROE) with Company size as a mediating variable. The analysis method used in this study employs quantitative secondary data in the form of panel data obtained from the financial reports of Islamic insurance companies registered as members of the Indonesian Islamic Insurance Association (AASI) and supervised by the Financial Services Authority (OJK). The sample in this study was determined using purposive sampling techniques and resulted in the number of Islamic insurance companies that met the research criteria. The testing tool used was Eviews 12. The results of the study indicate that the claim expense ratio and premium growth ratio do not affect profitability or Company Size. The capital adequacy ratio has a significant negative effect on both, while the retention ratio has a significant positive effect. Additionally, Company size has a negative effect on profitability and only mediates the relationship between the capital adequacy ratio and profitability.
subject: Articles
  topic: section
subject: Sharia Insurance
  topic: keywords
subject: Company Size
  topic: keywords
subject: Early Warning System
  topic: keywords
subject: Profitability
  topic: keywords
subject: Claims Expense Ratio
  topic: keywords
subject: Fund Adequacy Ratio
  topic: keywords
subject: Premium Growth Ratio
  topic: keywords
subject: Self-Retention Ratio
  topic: keywords
creator: Putri Ayushifa Kurniati
creator: Masodah Wibisono
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 273
ending page: 290
doi: 10.34208/ejatsm.v5i4.3062

THE IMPACT OF FINANCIAL SECRECY ON CORRUPTION
type: item
description: Corruption poses a potential challenge to the economic growth and financial stability of a country. It is closely related to the regulation and legal system that governs various economic activities. This research aims to examine the influence of financial secrecy on corruption. Financial secrecy is supported by a country's legal system to conceal illegally obtained assets that can potentially cause corruption. The quantitative method with the panel data regression technique was used in this research. Financial secrecy was measured using the Financial Secrecy Index (FSI) and corruption was measured using the Corruption Perception Index (CPI). The total sample size was 302, originating from 118 countries worldwide, over three years (2018, 2020, and 2022). The results indicate that financial secrecy has a positive effect on corruption. Furthermore, this study provides more specific evidence through a robustness test, which shows that financial secrecy has a positive effect in developed countries and a negative effect in developing countries. Financial secrecy can be minimized if a country commits to information exchange to combat corruption, as applied by the G20 countries. This is supported by the result finding that financial secrecy has no effect on corruption in the G20 country category but has a positive effect in the non-G20 country category.
subject: Articles
  topic: section
subject: Corruption
  topic: keywords
subject: Financial Secrecy
  topic: keywords
subject: Developed Country
  topic: keywords
subject: Developing Country
  topic: keywords
subject: G20
  topic: keywords
subject: Non G20
  topic: keywords
creator: Jean Stevany Matitaputty
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 259
ending page: 272
doi: 10.34208/ejatsm.v5i4.3049

PERAN ROA, ROE, NPM DAN TATO SEBAGAI PREDIKTOR HARGA SAHAM PERUSAHAAN BLUE CHIP DI INDONESIA
type: item
description: This study aimed to analyze the effect of Return On Assets, Return On Equity, Net Profit Margin, and Total Asset Turnover on the stock prices of LQ45 companies. The population in this study consisted of 68 companies. Using the purposive sampling method, 24 companies were observed in this study. The data analysis method used was multiple linear regression analysis. The results of the study indicated that ROA, NPM, and TATO had a positive and significant effect on stock prices, while ROE did not have a significant effect on stock prices for LQ45 companies during the 2020-2024 period. Return on Assets, Return on Equity, Net Profit Margin, and Total Asset Turnover simultaneously influenced stock prices in LQ45 companies for the 2020-2024 period.
subject: Articles
  topic: section
subject: Stock Price
  topic: keywords
subject: Return On Asset (ROA)
  topic: keywords
subject: Return On Equity (ROE)
  topic: keywords
subject: Net Profit Margin (NPM)
  topic: keywords
subject: Total Asset Turnover (TATO)
  topic: keywords
creator: Yesti Wulandari
creator: Totok Rudianto
creator: Dewi Maya Sari
creator: Mutia Arfiani
creator: Rizki Ramadhan
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 243
ending page: 258
doi: 10.34208/ejatsm.v5i4.3032

ANALISIS PERBEDAAN KINERJA KEUANGAN SEBELUM DAN SESUDAH RIGHT ISSUE PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA 2015-2023
type: item
description: This study aims to analyze the impact of a right issue on the financial performance of companies listed on the BEI, using the Return on Equity (ROE), Total Asset Turnover (TATO), Debt to Equity Ratio (DER), and Price Earnings Ratio (PER) ratios. Data analysis was conducted using the Paired Sample t-test and Wilcoxon Signed-Rank Test. A sample of 37 companies was obtained using a Random Sampling technique. The research findings reveal a significant difference in ROE and DER after the right issue. In contrast, no significant difference was found in TATO or PER. This indicates that the right issue has a positive impact on profitability and capital structure but is not significant for asset efficiency and stock valuation.
subject: Articles
  topic: section
subject: Right Issue
  topic: keywords
subject: Financial Performance
  topic: keywords
subject: ROE
  topic: keywords
subject: DER
  topic: keywords
subject: TATO
  topic: keywords
subject: PER
  topic: keywords
creator: Abdul Hafiz Tanjung
creator: Peni Julianti
creator: R. Enough Bhaktiar
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 47
ending page: 56
doi: 10.34208/ejatsm.v6i1.3017

PENGARUH FASILITAS PERPAJAKAN, UKURAN PERUSAHAAN, RETURN ON ASSETS (ROA) DAN KOMITE AUDIT TERHADAP MANAJEMEN PAJAK
type: item
description: Tax is a mandatory contribution imposed on individuals and corporations without direct compensation, intended for the welfare of society. However, many companies employ tax management strategies to minimize their tax burden, raising concerns about compliance and corporate governance. This study investigates the effect of tax facilities, firm size, profitability (Return on Assets/ROA), and audit committees on tax management among healthcare companies listed on the Indonesia Stock Exchange (IDX) during 2021–2023. Agency theory serves as the theoretical foundation to explain the interaction between independent and dependent variables. The research adopts a quantitative approach with purposive sampling, yielding 45 observations from 15 companies, and data analysis was conducted using SPSS. The results indicate that tax facilities, firm size, ROA, and audit committees simultaneously have a significant effect on tax management. Partially, only tax facilities show a significant negative influence, implying that the availability of legal tax incentives reduces the need for aggressive tax practices. This finding supports earlier studies which highlight that tax facilities encourage firms to comply with regulations rather than exploit loopholes. The study provides insight for policymakers and companies to design efficient yet compliant tax strategies, strengthening trust between regulators, stakeholders, and corporations.
subject: Articles
  topic: section
subject: Tax Management
  topic: keywords
subject: Tax Facilities
  topic: keywords
subject: Firm Size
  topic: keywords
subject: ROA
  topic: keywords
subject: Audit Committee
  topic: keywords
creator: Aisha Rizhantika Sutomo
creator: Hasto Finanto
creator: Totok Ismawanto
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 231
ending page: 242
doi: 10.34208/ejatsm.v5i4.2998

PENGARUH ENVIRONMENTAL, SOCIAL, DAN GOVERNANCE DISCLOSURE TERHADAP FINANCIAL SUSTAINABILITY DENGAN FINANCIAL PERFORMANCE SEBAGAI VARIABEL MODERASI
type: item
description: This study aims to determine the effect of environmental, social, and governance disclosure (ESG disclosure) on financial sustainability with financial performance as a moderating variable. This study uses stakeholder theory to explain the problems of this study. The population used in this study uses companies listed on the Indonesia Stock Exchange (IDX) in 2019-2023 consisting of the Energy, Industrials, Consumer Non-Cyclicals, Consumer Cyclicals and Basic Materials sectors. The sample selection technique used in this study uses the purposive sampling method with a total sample of 275 companies. The data analysis technique for this study uses time-series cross sectional pooled ordinary least squares regressions with standards error clustered by No and Year, with STATA v18 software. The results of this study indicate that ESG disclosure has a positive effect on financial sustainability. Likewise, each environmental, social, and governance disclosure has a positive effect on financial sustainability. In contrast to the moderating role of financial performance which has no moderating effect on the relationship between ESG disclosure and financial sustainability. Likewise, financial performance has no moderating effect on the relationship between environmental, social, and governance disclosures and financial sustainability.
subject: Articles
  topic: section
subject: ESG Disclosure
  topic: keywords
subject: Financial Sustainability
  topic: keywords
subject: Financial Performance
  topic: keywords
subject: Sustainability
  topic: keywords
creator: Mikael Valdheerian Barnix
creator: Yeni Januarsi
creator: Nurhayati Soleha
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 1
ending page: 18
doi: 10.34208/ejatsm.v6i1.2989

PENGARUH TAX AVOIDANCE DAN KINERJA LINGKUNGAN TERHADAP SUSTAINABILITY REPORT DISCLOSURE
type: item
description: This study aims to determine the effect of tax avoidance and environmental performance on sustainability report disclosure. This study uses stakeholder theory to explain the problem. The population in this study was conducted on energy and raw material sector companies listed on the IDX in 2021-2023. The sampling technique used in this study was the purposive sampling method with a sample size of 60 companies. The data analysis technique for this study used ordinary least squares regression collected in a cross-sectional time-series with standard error clustered by firm and Year, with STATA v14.2 software. The results of the study indicate that tax avoidance has a negative effect on sustainability report disclosure, and environmental performance has a positive effect on sustainability report disclosure in energy and raw material sector companies listed on the IDX in 2021-2023.
subject: Articles
  topic: section
subject: Tax Avoidance
  topic: keywords
subject: Environmental Performance
  topic: keywords
subject: Sustainability Report Disclosure
  topic: keywords
creator: Clarisa Bunga Lestari
creator: Yeni Januarsi
creator: Ayu Noorida Soerono
rights: Copyright (c) 2026 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 35
ending page: 46
doi: 10.34208/ejatsm.v6i1.2988

FAKTOR PENENTU NIAT WAJIB PAJAK DALAM PENGGUNAAN APLIKASI CORETAX
type: item
description: This study aims to analyse the influence of perceived usefulness, perceived ease of use, perceived risk, and service quality on taxpayers’ intention to use Coretax as a digital tax administration system. The research employed a quantitative approach using Partial Least Squares Structural Equation Modelling (PLS-SEM) through SmartPLS v3.0 software. Data were collected from taxpayers via online questionnaires, then tested for validity, reliability, and hypothesis evaluation. The results indicate that among the four variables, only perceived risk has a significant effect on the intention to use Coretax, whereas perceived usefulness, perceived ease of use, and service quality are not significant. These findings highlight that in the context of digital tax administration, security and risk management are key determinants for system adoption. The study implies that tax authorities should focus on enhancing security, risk management, and providing education and practical demonstrations to increase user intention. Additionally, this research provides a foundation for future studies to explore other factors affecting the intention to adopt digital tax administration systems, including digital literacy and prior experience with online tax systems.
subject: Articles
  topic: section
subject: Coretax, Ease Of Use, Intention To Use, Perceived Risk, Perceived Usefulness, Service Quality
  topic: keywords
creator: Vira Azzahra
creator: Neneng Widayati
creator: Fauzi
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 335
ending page: 350
doi: 10.34208/ejatsm.v5i4.2914

PENGARUH PENGUNGKAPAN ESG DAN RASIO KEUANGAN TERHADAP NILAI PERUSAHAAN
type: item
description: This study aims to provide empirical evidence regarding the influence of ESG Disclosure Score, profitability, leverage, size, liquidity, and activity ratio as independent variables on firm value as the dependent variable. The population of this study consists of manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2023. The sampling method used in this research is purposive sampling, resulting in 107 companies with a total of 321 data points that meet the predetermined sample criteria. The data analysis and hypothesis testing method employed in this study is multiple regression analysis. The results show that the activity ratio has an impact on firm value, as inventory turnover indicates high company revenue, thereby increasing firm value. Size also influence firm value, showing that large companies experience a decline in efficiency in overseeing operational activities carried out by management. On the other hand, ESG Disclosure Score, profitability, leverage, and liquidity do not affect firm value.
subject: Articles
  topic: section
subject: ESG Disclosure Score
  topic: keywords
subject: Financial Ratio
  topic: keywords
subject: Firm Value
  topic: keywords
creator: Rocia Haki Maria Gultom
creator: Nico Alexander
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 215
ending page: 230
doi: 10.34208/ejatsm.v5i4.2979

PENGARUH PROFITABILITAS DAN ECO-EFFICIENCY TERHADAP NILAI PERUSAHAAN DENGAN CEO POWER SEBAGAI VARIABEL MODERASI
type: item
description: This study aims to determine the effect of profitability as measured by return on assets (ROA) and return on equity (ROE) and eco-efficiency on firm value, with CEO power as a moderating variable. This study uses secondary data taken from the financial statements and annual reports of companies engaged in the construction and building subsector listed on the Indonesia Stock Exchange during the period 2022-2024. The sample selection was carried out using a purposive sampling method, sample 22 companies with 5 of which were outliers, so the total number of companies included in the final sample was 17. For data analysis, techniques used included multiple linear regression analysis, t-tests, and moderated regression analysis (MRA), which were processed using IBM SPSS software. 25. The findings of this study show that the results of the partially t-tests indicate that ROA has a positive impact on firm value, while ROE and eco-efficiency show no effect on firm value. In the partially MRA analysis, CEO power was shown to moderate the influence of ROA and ROE on firm value, but did not have the ability to moderate the influence of eco-efficiency on firm value.
subject: Articles
  topic: section
subject: ROA, ROE, Eco-Efficiency, Firm Value, CEO Power
  topic: keywords
creator: Narulita Widhi Astuti
creator: Mega Handayani
rights: Copyright (c) 2025 E-Jurnal Akuntansi TSM https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-31
publication date: 2025-12-31
starting page: 317
ending page: 334
doi: 10.34208/ejatsm.v5i4.2966