Jurnal Bisnis dan Akuntansi 2024-02-12T18:57:47+07:00 Astrid Rudyanto Open Journal Systems <p align="justify"><strong>Jurnal <span lang="id-ID">Bisnis dan Akuntansi or Journal of Business and Accounting (JBA) </span></strong>is biannual publication issued in the month of June and December. Jurnal <span lang="id-ID">Bisnis dan Akuntansi is </span>published by Pusat Penelitian dan Pengabdian kepada Masyarakat, <a href="" target="_blank" rel="noopener">Sekolah Tinggi Ilmu Ekonomi Trisakti</a>, Jl. Kyai Tapa No. 20 Grogol, Jakarta 11440, Telp. (021)5666717 ext 138, and cooperate with Ikatan Akuntan Indonesia Kompartemen Akuntan Pendidik (<a href="" target="_blank" rel="noopener">IAI KAPd</a>). JBA is a scientific journal which prioritizes the publication of articles (research and non-research based) regarding to <span lang="id-ID">business and accounting</span> issues that deal with social issues such as <span lang="id-ID">management (financial, human resources, marketing), accounting (financial accounting, management accounting,</span> accounting information systems, taxation), economic 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 This is an opened-journal where everyone can submit their articles, as long as they are original, unpublished and not under review for possible publication in other journals.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 JBA ISSN Print (ISSN <a title="ISSN" href="" target="_blank" rel="noopener"><span lang="id-ID">1410</span>-<span lang="id-ID">9875</span></a>) ISSN Online (E-ISSN <a title="E-ISSN" href="" target="_blank" rel="noopener"><span lang="id-ID">2656</span>-<span lang="id-ID">9124</span></a>). JBA has obtained a SINTA 2 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. <a title="Sinta 2" href="" target="_blank" rel="noopener">72/E/KPT/2024</a> for the period JBA 25(1), June 2023 to JBA 29(2), December 2027.</p> KINERJA KEUANGAN, MANAJEMEN LABA, DAN PENGHINDARAN PAJAK: APAKAH CSR INDUSTRI KONTROVERSIAL MEMILIKI PERAN? 2024-01-17T07:36:13+07:00 Ama Febriyanti Triadi Agung Sudarto <p>This study examines the effect of financial performance and earnings management on corporate tax avoidance, and analyzes whether there is a moderating effect of CSR in these relationships. This research data was collected from 91 financial statements and sustainability reports of controversial companies listed on the Indonesia Stock Exchange (IDX) during the 2019-2020 period which were selected by purposive sampling method. CSR data is encoded with content analysis, while research hypotheses are tested with moderate regression analysis. The study found that financial performance negatively affected corporate tax avoidance, while profit management showed no significant effect. In addition, it is also known that CSR does not moderate the effect of financial performance or earnings management on tax avoidance. The results of this study can be used as input for companies to consider improving financial performance in reducing the need for tax avoidance strategies, so that company legitimacy can be maintained. In addition, tax authorities can make tax-intensive related policies to boost financial performance and reduce the level of corporate tax avoidance.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi FINANCIAL DISTRESS AND OTHER FINANCIAL CONDITIONS ON GOING CONCERN AUDIT OPINIONS 2024-01-17T07:36:57+07:00 Agus Salim <p>This study aims to examine the effect of Financial Distress, Leverage, Solvency, Profitability and Liquidity on Going Concern Audit Opinions. This research uses company data listed on the IDX and consistently enters the group of manufacturing companies from 2019-2021. This study uses a logistic regression analysis tool using SPSS to answer the proposed hypothesis. The results showed that Financial distress had an effect on going-concern audit opinion, Leverage had no effect on going-concern audit opinion, Solvability had no effect on going-concern audit opinion, Profitability had no effect on going-concern audit opinion, Liquidity had no effect on going-concern audit opinion</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi BRAND EQUITY, CUSTOMER SATISFACTION, DAN PURCHASE INTENTION: ANALISIS PADA FRANCHISE F&B ASING 2024-01-17T07:32:37+07:00 Angela Angela Erilia Kesumahati <p>The research in this article examines the factors that influence Purchase Intention in foreign F&amp;B franchises using Service Quality and Digital Marketing variables mediated by Customer Satisfaction and Brand Equity. The study uses primary data collected through distributing questionnaires in the form of a Google Form to urban residents who have visited foreign F&amp;B franchises in Batam City, which is then analyzed with secondary data. A total of 326 data from respondents who met the criteria were used and analyzed using the SmartPLS program. The results of the study show that Service Quality, Customer Satisfaction, Brand Equity, and Digital Marketing have a significant positive effect on Purchase Intention. This research shows that the importance of Service Quality, Customer Satisfaction, Brand Equity, and Digital Marketing in increasing Purchase Intention of F&amp;B Franchise in Batam City.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi UKURAN PERUSAHAAN SEBAGAI PEMODERASI FINANCIAL PERSPECTIVE DAN TAX AVOIDANCE DI INDUSTRI REKREASI DAN PARIWISATA 2024-01-17T07:35:34+07:00 Nurul Hasanah Uswati Dewi Athala Asyifanaya <p>The research aims to determine the influence of capital intensity, profitability, thin capitalization, and sales growth on tax avoidance using the company size as moderation variables. The research object is a recreation and tourism company listed on the Indonesia Stock Exchange (IDX) from 2017 to 2020. The number of sampled in this research was 68 samples selected with purposive sampling techniques. The data analysis used descriptive statistical analysis and multiple linear regression test with SPSS version 26 application. This study showed that the variable thin capitalization have positive effect on tax avoidance, while capital intensity, profitability, and sales growth variable have no effect on ta x avoidance. In addition, the result of this study based on the moderated regression analysis (MRA) test, the company size variable cannot moderate the influence of capital intensity, profitability, thin capitalization, and sales growth on the tax avoidance.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi PENGARUH PERSISTENSI LABA, KUALITAS AUDITOR, DAN TATA KELOLA PERUSAHAAN TERHADAP BIAYA UTANG BUMN SEKTOR NON-KEUANGAN 2024-01-17T07:37:48+07:00 Nuriyatul Mustofiyah Puji Handayati <p>This research purposes to ascertain how corporate governance, auditor quality, and profit persistence affect cost of debt. The information used in this study comes from the annual reports of non-financial sector state-owned companies that were included on the IDX between 2017 and 2022. Purposive sampling was used to choose the sample for this investigation, yielding up to 52 data points from a total of 102 data points. Multiple linear regression analysis was employed in this study's data analysis. The findings revealed that corporate governance has a negative impact on the cost of debt whereas earnings persistence has a positive impact. Meanwhile, the quality of auditors has no influence on the cost of debt.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi APAKAH FINANCIAL CONSTRAINT MEMODERASI PENGARUH MODAL KERJA TERHADAP PROFITABILITAS SEBELUM DAN SELAMA PANDEMI COVID 19? 2024-01-17T07:41:23+07:00 Via Aningtyas Putri Vega Wafaretta <p>Working capital decisions are important for financing the operations of manufacturing companies, especially during a pandemic which indicates a decline in working capital. This study aims to examine the effect of working capital (Net Working Capital - NWC) on the profitability of manufacturing companies on the Indonesia Stock Exchange (IDX) during non-pandemic and pandemic conditions covid-19, as well as testing the moderating effect of financial constraint. The sample is determined by technique purposive sampling for manufacturing companies from 2018-2021 and analyzed with moderation regression. Results do not confirm Resource-Based Theory where working capital has a significant negative effect on profitability because high working capital creates additional costs that can reduce profits. In addition, the data shows that each sub-sector has different characteristics in terms of working capital requirements and profit-generating capabilities. There are sub-sectors with low (high) working capital that have high (low) profitability. This negative direction of working capital and profits continued until the pandemic conditions, of course, several sub-sectors experienced a decline in profitability. This study also shows that there is no moderating effect financial constraint, but financial constraint has a significant positive effect on profitability. The lower financial constraint, the company's profits continued to decline which could be due to the company's less than optimal management of available funds. The theoretical and practical implications of this study are unconfirmed Resource-Based Theory due to differences in sub-sector and company characteristics. The results show the importance of management in managing working capital optimally to profitability even in pandemic and financial constraints.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi UNRAVELING GORONTALO'S LOCAL WISDOM: THE ESSENCE OF COST ACCOUNTING PRACTICE 2024-02-12T18:54:56+07:00 Mohamad Anwar Thalib <p>This research departs from the problem of adopting and implementing modern accounting, which can potentially eliminate local wisdom values from accounting practices. This study aims to find the values of local wisdom behind the practice of education cost accounting by scholarship recipient students. This research uses the Islamic paradigm. The approach used is Islamic ethnomethodology. There are five data analysis stages: charity, knowledge, faith, revelation information, and courtesy. The study results found that students used funds from the government to finance educational needs for one semester. Funds sourced from parents are used by students, one of which is to give alms and help to human beings. The practice of accounting in managing educational expenses is conditional on local wisdom values in the form of trust (ama:nati) and mutual help (huyula). Both of these spirits live on the belief that there are other people's rights behind the sustenance that we have and Allah has arranged the sustenance. The results of this study contribute to the presence of the concept of cost accounting practices by students based on local cultural values</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi PROFITABILITAS, KEPEMILIKAN INSTITUSIONAL DAN NILAI PERUSAHAAN: DAMPAK PANDEMI COVID-19 2024-02-12T18:56:12+07:00 Arif Wahyu Nur Kholid Hadiyan Prayoga <p>This study aims to examine the Institutional Ownership, Profitability and Pandemic Covid-19 on Firm Value. The population of this study are companies listed on the Indonesia Stock Exchange (IDX) 2018 - 2020. The sample selection in this study uses purposive sampling to obtain samples that represent the predetermined criteria. This research is included in quantitative research – secondary data. This research uses balance panel regression in processing the data. The estimation method used in this study is the Fixed Effect Model (FEM). The research data is processed using E-Views 10. The results of this study indicate that institutional ownership has a significant negative effect on firm value with and without the Covid-19 variable involved. However, the profitability variable has a significant positive effect on firm value when the Covid-19 variable is not included. After the Covid-19 variable is included, profitability does not have a significant effect on firm value. The implication of this research is that individual investors and the stock market are more wary of companies that have large institutional ownership and Signaling Theory can explain phenomena and test the value of companies during the COVID-19 pandemic. Future research is expected to be able to separate the types of institutional ownership by type such as banks, foundations, brokers, etc. because each type of institutional investor has different characteristics. And further research can expand the observation period and consider other factors that affect firm value.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi UNDERSTANDING GEN Z TAX COMPLIANCE BEHAVIOUR 2024-01-10T14:50:53+07:00 Ervina Kurnia Khomsiyah Khomsiyah <p>This study is to examine the perceptions of Z generations related to peer group influence, digitalization tax service orientation, tax knowledge, and social media platform influence. Changes traditional paradigm of tax compliance in order to improve voluntary tax compliance in Z generation. This research method is a survey method using electronic questionnaires. The respondents (sample) of this study are tax payer with have age under 28 years old. Data was analyzed by using multiple regression analysis. The results of a survey of 142 tax payers indicate that peer group, digitalization tax system, tax knowledge and social media increase tax payer compliance.&nbsp; The contribution of this work is a more brief and straightforward understanding of behavioral accounting, primarily related to the tax compliance of generation Z. In contrast to the overarching goal of prior research , the current study analyzes the impact of tax payer compliance and the other analyze gen Z consumption behavior.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi SHOPPING MOTIVATION IN CONSUMER LOYALTY PROCESS 2024-01-17T07:45:43+07:00 Ratih Puspita Kusumaningrum Aulia Danibrata <p>This study aims to examine the influence of hedonic, utilitarian, and ethical motives in process of forming consumer loyalty. The design that used in this research were descriptive research and causality research, in which variables were measure with 5-point likert scale. The technique that used in this research is non-probability sampling with purposive sampling technique and used 221 respondents who fit the criteria. This research is processes by using Structural Equation Modeling – Partial Least Square. The results of this calculation show that hedonic shopping motivation, utilitarian shopping motivation, and ethical shopping motivation through perceived quality as mediating variable have an influence on repurchase intention.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi ADVERTISING INTENSITY, GOOD CORPORATE GOVERNANCE, DAN PENGHINDARAN PAJAK PERUSAHAAN 2024-01-10T14:50:54+07:00 Yossi Septriani Rafif Zikrillah Fitra Oliyan <p><em>This research aims to examine the influence of advertising intensity and corporate governance on corporate tax avoidance. This research also tests the moderating influence of corporate governance on the relationship between advertising intensity and corporate tax avoidance. The sample used was all non-financial sector companies listed on the Indonesia Stock Exchange in the 2015–2021 period. The sampling technique used was purposive sampling, so a total of 67 companies were observed. The analysis used is panel data analysis using Stata 14 software. The results of this study show that advertising intensity has a positive effect on tax avoidance, but the proportion of independen commissioners, the proportion of female commissioners, and the moderation of the board of commissioners have no effect on tax avoidance. This research also found that there was a moderating influence from the governance element, namely board diversity, which was proxied by a female board of commissioners, which was proven to weaken the positive relationship between advertising intensity and tax avoidance.</em> <em>The results of this research can be used as input by the Directorate General of Taxes for evaluating improvements to company tax regulations as well as by the Komite Nasional Kebijakan Governance as material for improving regulations and implementation to create a better corporate governance system in Indonesia.</em></p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi EXPLORING FACTORS THAT SHAPE INDONESIAN’S INTENTIONS TO PURCHASE HERBAL MEDICINE 2024-01-17T07:47:11+07:00 Keni Keni Nicholas Wilson Purnama Dharmawan <p>The pharmaceutical industry has emerged as one of the most rapidly expanding sectors globally, and this trend holds true for Indonesia as well. Within this industry, a notably popular type of medication in Indonesia is herbal medicine. This variant of medicine is derived from traditional and natural ingredients, with minimal incorporation of chemical substances. To delve into this phenomenon, the present study aims to identify the factors influencing Indonesians' inclination and intention to purchase herbal medicine. To achieve this, the study integrates key variables from the original Theory of Reasoned Action (TRA) framework, namely attitude and subjective norm, along with an additional element – perceived value. The methodology employed involves a survey-based approach, utilizing questionnaires as the primary data collection tool among the chosen participants. The sampling method chosen is non-probability purposive sampling, ensuring that only individuals who meet the predetermined criteria participate – specifically, individuals who have acquired herbal medicines within the past 6 months. Employing a 7-point Likert scale, a total of 156 data points were amassed. The analysis was conducted using Partial Least Squares Structural Equation Modeling (PLS-SEM), with SmartPLS 4 software being the designated tool. Through the scrutiny of the data, the authors conclude that attitude, subjective norm, and perceived value significantly impact consumers' intention to purchase herbal medicine in Indonesia.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi SALES PROMOTION, LIVE STREAMING, SUBJECTIVE NORM TERHADAP IMPULSIVE BUYING DENGAN PAYLATER SEBAGAI VARIABEL MODERASI 2024-02-12T18:57:47+07:00 Salsabilla Ayundha Martsha Buana Janice Atalie Leow Gerry Marvinson Azka Zukhrufa Keni Keni <p>E-commerce has profoundly altered the shopping behaviors of consumers in Indonesia. Additionally, fintech companies have introduced "paylater" services, revolutionizing the payment process for online purchases. Paylater operates on a Buy Now Pay Later (BNPL) system, allowing consumers to make purchases and defer payment. This innovation enhances the ease and security of online shopping, enticing users with enticing sales promotions. A survey targeting e-commerce users in Indonesia was conducted and subsequently analyzed using structural equation modeling (SEM - PLS). Employing a quantitative descriptive approach with a cross-sectional design, data was collected offline over 14 days in DKI Jakarta, Indonesia, yielding a final dataset from 122 respondents out of 210 obtained. Research outcomes revealed that sales promotion, subjective norms, and e-commerce live streaming features significantly influence impulsive buying behavior among consumers. The use of paylater services moderates this relationship, indicating that frequent paylater users tend to exhibit more impulsivity in their purchasing patterns. Despite the convenience offered by paylater services, there are associated risks such as debt accumulation and financial mismanagement. The findings of this research can serve as an educational tool for potential paylater users, encouraging responsible use and financial management. This research substantially contributes to the growth of fintech companies and micro, small, and medium-sized enterprises (MSMEs), ultimately fostering economic development and providing a reference for future researchers exploring similar topics.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi ESTIMASI RISIKO PASAR PADA DATA RETURN KURS HARIAN DENGAN VALUE AT RISK MENGGUNAKAN MODEL–MODEL VOLATILITAS GARCH 2024-01-17T07:27:45+07:00 Cateryna Purnama <p>Volatility is a critical tool in analyzing financial data. GARCH models are common tools widely use to forecast financial data volatility. This research discusses the measurement of market risk using the Value at Risk volatility model GARCH, IGARCH, and EGARCH for the USD major currency pairs which consist of seven currency pairs with the observation period July 2016 – September 2022. The results of the analysis show that the calculation of returns does not comply with the normal distribution, so the estimation of losses using the normal distribution VaR can be biased, instead this research used student’s t distribution error. The test results show that the IGARCH volatility model at a confidence level of 99% and 95% proves to be valid after the Kupiec test and Conditional Coverage Test are carried out on all tested currencies. Meanwhile, risk measurement using the EGARCH model is invalid on the EUR/USD, USD/CHF and AUD/USD exchange rates. Besides that, risk measurement using the SGARCH model is invalid on the EUR/USD and AUD/USD exchange rates.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi PENGUNGKAPAN PAJAK DI INDONESIA: SEBUAH CONTENT ANALYSIS 2024-01-17T07:28:59+07:00 Dian Purnama Sari Tigor Tambunan Natalia Kristina Joshua Leong Eirene Puspita Wardoyo <p>Many countries are starting to require tax disclosure. In Indonesia, the Mandatory Disclosure Rule (MDR) has been announced but has never been implemented. Tax disclosure is expected to be an alternative change to the Mandatory Disclosure Rule (MDR). The purpose of this study is to analyze tax disclosures made by companies in Indonesia. This research was conducted using the content analysis method to classify and measure each of Mgammal's (2019) measurement items more accurately. The results showed that 12 items were fully represented by all company samples, 13 items were presented as company samples and 6 measurement items were not presented at all by company samples. It is hoped that the implementation of tax disclosure measurements carried out in this research can become a basis for compiling relevant tax disclosure items in Indonesia.</p> 2023-12-27T00:00:00+07:00 Copyright (c) 2023 Jurnal Bisnis dan Akuntansi