Journal of International Accounting, Taxation and Information Systems
Journal Title : Journal of International Accounting, Taxation and Information Systems Initials : JIATIS Frequency : Quarterly (February, May, August, and November) Online ISSN : 3048-085X Editor in Chief : Prof. Dr. Mardi DOI : 10.70865/jiatis Publisher : CV. Proaksara Global Transeduka Journal of International Accounting, Taxation and Information Systems is a peer-reviewed open-access journal which publishes result from scientists and engineers from the fields of accounting, taxation and information systems. Every submitted manuscript will be reviewed by at least two peer-reviewers using the double-blind review method. This journal is published Quarterly, (February, May, August, and November) e-ISSN : 3048-085X (online)
Sustainability Strategy of PT XYZ in Entering the Blue Ammonia Industry in Indonesia
Blue ammonia is emerging as a critical transitional solution in the global energy transition, with market volumes projected to grow from 1.1 million tons in 2023 to 9.2 million tons by 2028, and Indonesia has positioned it as a key pillar of its net-zero strategy by 2060. This article analyses the sustainability strategy of PT XYZ, an Indonesian integrated energy and chemical company, in entering the blue ammonia industry. Produced from natural gas with carbon capture and storage (CCS), blue ammonia offers a decarbonisation pathway for hard-to-abate sectors. PT XYZ is converting an existing ammonia plant but faces challenges including CCS costs, gas-price volatility, financing needs, and stringent international standards. The study aims to (1) map external opportunities and threats, (2) assess PT XYZ's internal resources and capabilities, and (3) formulate sustainability-oriented strategic alternatives. A mixed-method approach combines PESTLE and Porter's Five Forces analyses with Resource-Based View and VRIO assessment, followed by SWOT and TOWS synthesis using document review, interviews, focus groups, and expert questionnaires. Findings shed light that PT XYZ operates in a supportive yet demanding environment, possessing strengths in HSE culture, gas procurement, CCS design, MRV readiness, and contract management, alongside gaps in equity gas, CCS agreements, blended finance, and anchor contracts. The resulting SO, WO, ST, and WT strategies provide a roadmap for de-risking investment, securing premium markets, and aligning with long-term decarbonisation goals.
Copyright (c) 2025 Muhammad Indra Zulmi*, Nimmi Zulbainarni, Bagus Sartono https://creativecommons.org/licenses/by/4.0
From Project to Operations: Human Resource Strategies as Key Success Factors for Jakarta-Bandung High-Speed Railway
The development of Indonesia’s first high-speed railway between Jakarta and Bandung marks a major transition from infrastructure delivery to full operational readiness, requiring not only physical assets but also competent human resources and an effective technology transfer process. This study examines human resource strategies for the Jakarta–Bandung High-Speed Railway, with a focus on workforce requirement planning, workforce fulfillment, and the localisation of operation and maintenance functions. A qualitative descriptive case study approach was employed, drawing on semi-structured interviews, field observations, and document analysis involving PT Kereta Cepat Indonesia China (PT KCIC), Chinese railway experts, the national railway regulator, and Indonesian railway training institutions. The findings indicate that workforce preparation is implemented through three interrelated strategies. First, a structured workforce requirement planning process integrates service plans, demand forecasting, and asset-based workload analysis, resulting in a projected requirement of 1,483 personnel to support 68 daily train services. Second, workforce fulfillment is conducted in phases through recruitment and secondment schemes, with 513 personnel prepared by mid-2023, leaving 970 positions to be filled. Third, localisation and technology transfer are guided by a roadmap implemented through consortium-based arrangements, staged training programs, and the gradual replacement of 812 Chinese experts in critical operational roles. The study underscores the importance of coherent human resource planning and regulation-aligned localisation strategies in ensuring safe, efficient, and sustainable high-speed rail operations in Indonesia.
Operation and Maintenance of Jakarta Bandung High-Speed Railway
Copyright (c) 2025 Ahmad Zaenudin*, Ocky Soelistyo Pribadi, Sri Handayani https://creativecommons.org/licenses/by/4.0
The Effect of Workload and Work Discipline on Employee Performance at the Inspectorate of West Pasaman Regency
The study took place at the West Pasaman District Inspectorate and aimed to examine: (1) how workload affects performance, (2) how discipline affects performance, and (3) how workload and discipline together affect performance. All 67 Inspectorate employees comprised the population. Due to the small population size (under 100), saturated sampling was employed, using all 67 employees as the sample. Data was gathered through questionnaires and analyzed using multiple linear regression with SPSS For Windows version 21.00. The findings revealed that independent variables influenced the dependent variable as follows: (1) Workload positively and significantly affected employee performance (regression coefficient = 0.227, significance = 0.018, which is <0.05), (2) Discipline positively and significantly influenced employee performance (regression coefficient = 0.542, significance = 0.000, which is <0.05), (3) Workload and discipline combined positively and significantly impacted employee performance (regression coefficient = 32.552, significance = 0.000, which is <0.05). The R² value indicated that 57.1% of the variance was explained, while 42.9% was attributed to other variables not examined in this research.
Copyright (c) 2025 Endang Tirtana Putra*, Mai Yuliza, Citra Suci Mantauv, Delfi Efrida https://creativecommons.org/licenses/by/4.0
The Effect of Good Corporate Governance and Leverage on Company Value Moderated by Profitability in the Coal Sub-Sector
The aim of this study is to examine the ramifications of robust corporate governance and leverage on firm valuation, with profitability serving as a moderating variable. The inquiry is centred on coal sub-sector enterprises listed on the Indonesia Stock Exchange over the period 2019 to 2023. A quantitative methodology was adopted, employing secondary data, with the sample determined through purposive sampling that produced ten firms. The assessment of data was conducted through Moderated Regression Analysis (MRA) facilitated by the Eviews 10 software. The outcomes demonstrate that managerial shareholding, institutional shareholding, and the presence of independent commissioners exert a favourable effect on firm valuation, while leverage shows no statistically discernible influence. Taken together, managerial shareholding, institutional shareholding, independent commissioners, and leverage display a collective effect on firm valuation. Moreover, profitability is shown to weaken the association between independent commissioners and firm valuation, though it does not moderate the relationships of managerial shareholding, institutional shareholding, or leverage with firm valuation.
Copyright (c) 2025 Delia Awaliah*, Ferikawita M. Sembiring https://creativecommons.org/licenses/by/4.0
The Influence of Financial Risk Attitude and Financial Risk Tolerance on MSME Risk Management Strategies in West Pasaman
This study aims to examine the influence of financial risk attitude and financial risk tolerance on risk management strategies in Micro, Small, and Medium Enterprises (MSMEs) in West Pasaman Regency. A quantitative approach was used in this research, employing Partial Least Square-based Structural Equation Modeling (SEM-PLS) analysis method. Data was obtained from 120 MSME operators through questionnaires developed from valid indicators. The research results show that both risk attitude and risk tolerance have positive and significant effects on the applied risk management strategies. This finding indicates that the psychological dimensions of business operators play an important role in managerial decision-making for risk mitigation. The practical implications of this research emphasize the need to improve financial behavioral capacity in MSME empowerment.
Copyright (c) 2025 Mia Muchia Desda* https://creativecommons.org/licenses/by/4.0
The Influence of ATLAS Utilization, Auditor Competence, and Time Pressure on Audit Quality at Public Accounting Firms in Bali Province
The reliability of financial statements depends heavily on audit quality, which evaluates both the auditing procedures and their outcomes as performed by auditors. This research aimed to gather empirical evidence regarding how Atlas usage, auditor expertise, and time constraints influence audit quality within public accounting firms operating in Bali Province. Using purposive sampling methods, the study collected 46 observations from Bali-based public accounting firms that utilize Atlas software. The researchers employed multiple linear regression analysis to examine the data. The findings shed light that Atlas implementation positively and significantly impacts audit quality, auditor expertise also demonstrates a significant positive relationship with audit quality, and time constraints show a significant influence on audit quality outcomes. These findings align with attribution theory principles, as they demonstrate how individual behavioral factors influence auditor performance, which subsequently affects the overall quality of audit work.
Copyright (c) 2025 Anak Agung Putu Rista Andari*, Ni Luh Sari Widhiyani, I Ketut Sujana https://creativecommons.org/licenses/by/4.0
The Influence of Tax Knowledge and E-Filing System Implementation on MSME Tax Compliance in the Digital Economy Era (Study at KPP Pratama Cimahi)
This study aims to measure and examine the influence of tax knowledge and the implementation of the e-filing system on tax compliance among Micro, Small, and Medium Enterprises (MSMEs) in the digital economy era. The background of this research is the persistently low level of tax compliance among MSMEs, despite the widespread implementation of digital tax reporting systems such as e-filing. A quantitative approach with a causal associative method was employed. Primary data were collected through questionnaires distributed to MSME taxpayers registered at the Cimahi Primary Tax Office (KPP Pratama Cimahi). The data were analyzed using multiple linear regression. The results indicate that both tax knowledge and the implementation of the e-filing system have a positive and significant effect on tax compliance. These findings are expected to contribute to government and tax authorities’ efforts in improving tax compliance through education and the development of more user-friendly digital reporting systems.
Copyright (c) 2025 Meidina Azzahra*, Usman Sastradipraja https://creativecommons.org/licenses/by/4.0
The Effect of Green Accounting Implementation, Sales Growth, and Firm Size on Firm Value (A Study on Consumer Goods Industry Companies Listed on the Indonesia Stock Exchange (IDX) in 2019–2023)
This research examines how environmental accounting practices, revenue expansion, and company scale affect corporate valuation. The researchers employed a quantitative approach using associative causal analysis. Through purposive sampling, they selected 22 consumer goods companies trading on the Indonesian Stock Exchange from 2019 to 2023, generating 110 data observations. The findings reveal that environmental accounting practices alone do not impact corporate value. However, revenue growth and company size both demonstrate positive and statistically significant effects on firm valuation. When examined together, all three factors collectively influence corporate value in a meaningful way. These findings offer valuable insights for investment professionals and corporate executives when making strategic decisions that balance environmental sustainability considerations with financial performance objectives.
Copyright (c) 2025 Nabila Sabriyanti*, Romli https://creativecommons.org/licenses/by/4.0
The Influence of Motivation and Organizational Culture on the Performance of Employees at the Department of Fisheries and Food in Pasaman Regency
Considering the critical importance of human resources in the attainment of organizational objectives, it is imperative to scrutinize the factors that impact employee effectiveness. Following preliminary assessments and discussions, issues pertaining to motivation and the prevailing organizational climate have surfaced as prominent matters within the Department of Fisheries and Food. These elements are believed to have a significant influence on the levels of employee productivity. Consequently, this research investigates on how motivation and organizational culture affect employee performance at Pasaman Regency's Department of Fisheries and Food. Using total sampling, all 33 departmental employees comprised both the population and sample. Data collection employed a quantitative associative method, with multiple linear regression for analysis. Findings revealed motivation significantly impacts employee performance individually (p = 0.000 < 0.05). Organizational culture also demonstrates significant individual effects on performance (p = 0.000 < 0.05). Combined, both factors significantly influence employee performance (p = 0.000 < 0.05). The R² value of 0.781 shows that motivation and organizational culture account for 78.1% of performance variation among employees at the Department of Fisheries and Food in Pasaman Regency.
Copyright (c) 2025 Ria Widhia Sari*, Endarwita, Yurasti https://creativecommons.org/licenses/by/4.0
The Effect of Environmental, Social, and Governance (ESG) Disclosure on Market Value With Company Financial Performance As A Mediatıng Variable (Case Study of Banking Sector Companies Listed on The Indonesia Stock Exchange for the Period 2019-2023)
The increase in awareness of environmental, social, and governance (ESG) factors is prompting companies to incorporate ESG principles into their business practices, especially in the banking industry, which plays a crucial role in the financial system. This research seeks to explore how ESG disclosure affects a company's market worth, with financial performance acting as a key mediator. The inspiration for this study arises from contradictory results regarding the relationship between ESG and market value in the Indonesian banking sector. In this research, a quantitative method was employed to examine data from the annual and sustainability reports of banking institutions listed on the Indonesia Stock Exchange (IDX) between 2019 and 2023. The researchers carefully selected their sample using a specific technique and ended up with 44 data points to analyse after removing any outliers. They utilised the Global Reporting Initiative (GRI) guidelines to evaluate ESG disclosure, Tobin's Q to estimate market value, and Return on Assets (ROA) to measure financial performance. The study included the use of simple linear regression and the Sobel test for mediation analysis. The results of their study indicated that ESG disclosure has a significant, positive effect on both market value and financial performance. Moreover, financial performance was found to positively influence market value and act as a mediator in the link between ESG disclosure and market value. These findings suggest that effective ESG disclosure can boost investor confidence by improving financial performance, ultimately leading to a positive impact on the company's market value.
Copyright (c) 2025 Siti Khotimah*, Neni Maryani https://creativecommons.org/licenses/by/4.0
The Influence of E-Service Quality, E-Word of Mouth, and Customer Experience on Purchase Decisions of Sociolla Products (A Study on SOCO by Sociolla Application Users in Malang)
This research aimed to examine the impact of e-service quality, e-word of mouth, and customer experience on purchase decisions. The study employed quantitative methodology with purposive sampling techniques. The sample consisted of 100 consumers who utilize the SOCO by Sociolla application in Malang. Findings reveal that E-Service Quality (X1) and Customer Experience (X3) variables individually demonstrate significant effects on Purchase Decisions (Y), whereas E-Word of Mouth shows no significant partial influence on Purchase Decisions (Y). The F test results indicate Fvalue exceeds Ftable (65.906 > 3.09) with significance below 0.05 (0.00 < 0.05). The coefficient of determination demonstrates that E-Service Quality, E-Word of Mouth, and Customer Experience variables collectively affect the Purchase Decision variable by 67.3%, with the remaining 32.7% attributed to other factors not examined in this research.
Copyright (c) 2025 Syifa Haniatul Muthofi’in, Karina Utami Anastuti* https://creativecommons.org/licenses/by/4.0
The Influence of Environmental, Social, Governance (ESG) and Company Size on Stock Returns (Case Study of Mining Sector Companies Listed on the IDX 2016-2023 Period)
The variability in stock performance within the Indonesian mining industry provides a stimulus to investigate the determining factors, such as the disclosure of Environmental, Social, and Governance (ESG) information and the size of the company. The main aim of this study is to evaluate the influence of ESG factors and company size on the performance of stocks. The research adopts a quantitative approach with a focus on description. Information is collected from the annual and sustainability reports of specific companies. Purposive sampling method was employed to choose 7 companies in the mining industry that are listed on the Indonesia Stock Exchange from 2016 to 2023, resulting in a total of 52 data points. The outcomes of the regression analysis revealed that individual ESG factors and the size of the company did not have a significant impact on stock returns. Moreover, when taken into account collectively, ESG factors and company size also did not show any significant influence on stock returns. This investigation suggests that investors in the mining sector do not give much importance to these aspects while making investment choices.
Environmental Social and Governance (ESG) Disclosure
Copyright (c) 2025 Dilfah Fadiah Dzul Karnaen*, Neni Maryani https://creativecommons.org/licenses/by/4.0
SDGs and Sustainability Reporting: Their Effect on Financial Performance of Energy Firms in Indonesia
The growing global emphasis on sustainability has urged companies, particularly in the energy sector, to adopt sustainable practices and disclose non-financial information such as Sustainable Development Goals (SDGs) and Sustainability Reporting. However, previous studies show inconsistent findings regarding the impact of such disclosures on financial performance, indicating a research gap especially within the Indonesian energy sector, which is central to the transition toward a low-carbon economy. This research examines how SDGs and Sustainability Reporting disclosure affect the financial performance of energy sector companies on the Indonesia Stock Exchange (IDX) from 2019–2023. SDGs are evaluated through the SDGs Index utilizing the 17 global objectives, whereas Sustainability Reporting disclosure is measured via the Sustainability Reporting Disclosure Index (SRDI) based on GRI standards. Financial performance is represented by the Return on Assets (ROA) ratio. The study applies quantitative methodology with descriptive and verificative approaches, utilizing multiple linear regression analysis, classical assumption testing, and individual (t-test) as well as combined (F-test) hypothesis testing. Findings reveal that SDGs show no significant individual impact on financial performance, whereas Sustainability Reporting disclosure demonstrates a significant effect. Simultaneously, both variables affect financial performance. These findings suggest that enhanced sustainability disclosure can improve transparency and stakeholder trust, which may contribute positively to financial performance.
Copyright (c) 2025 Ahmad Haidar Yazid*, Neni Maryani https://creativecommons.org/licenses/by/4.0
The Influence of Environmental Social Governance (ESG) Disclosure, Capital Structure, and Financial Performance on Firm Value (A Study on LQ45 Index Companies Listed on the Indonesia Stock Exchange (IDX) in 2020–2023)
The primary objective of this research is to investigate the correlation between ESG disclosure, capital structure, and financial performance on a company's value. Employing quantitative methods, the study adopts a causal approach. Instead of random sampling, a purposive sampling method is used to select 21 companies from the LQ45 index on the Indonesia Stock Exchange between 2020 to 2023, resulting in 84 data points. The findings suggest that ESG disclosure does not significantly impact firm value, while capital structure has a detrimental effect. Additionally, the study indicates that financial performance does not have an influence on firm value. The implications of this research offer valuable insights for companies seeking to enhance their ESG disclosure practices and can serve as a beneficial resource for decision-making processes for investors and management.
Environmental Social Governance (ESG) Disclosure
Copyright (c) 2025 Rina Rahayu*, Neni Maryani https://creativecommons.org/licenses/by/4.0
Analysis of Sales Budget Preparation in Preparing Production Cost Budgets (A Study of Home Industry UD Usaha Jaya)
This study aims to analyze the preparation of the sales budget used in preparing the production cost budget at UD Usaha Jaya. The data used consist of company data from the previous three years. This study is a type of quantitative research using both primary and secondary data. The Least Square method is used for sales forecasting and separating semi-variable costs. The results indicate that the 2024 sales budget served as the basis for the production cost budget, which includes raw material costs, direct labor, and factory overhead. However, the study found that the preparation of both sales and production cost budgets did not follow standardized procedures, leading to significant discrepancies between planned and actual figures. A key weakness of this study is its limited scope, focusing on a single home industry, which may reduce the generalizability of the findings. Additionally, reliance on historical internal data may not fully capture market dynamics or external factors affecting demand. The study recommends that the company adopt a more structured approach to budgeting and consider integrating digital budgeting tools to improve forecasting accuracy and cost control.
Copyright (c) 2025 Dion Yanuarmawan*, Veri Hardinansyah Dja’far https://creativecommons.org/licenses/by/4.0
Integration of the Theory of Planned Behavior (TPB) and Theory of Financial Planning Behavior in MSMEs Actors
This study aims to integrate the Theory of Planned Behavior (TPB) and behavioral finance theory to explain financial planning behavior among Micro, Small, and Medium Enterprises (MSMEs). Using a descriptive quantitative approach, data were collected through a survey of 399 MSME actors in Malang District and Batu City. The research instruments were developed based on indicators from TPB (attitude, subjective norm, perceived behavioral control) and behavioral finance theory (financial literacy and mental accounting). The results of the descriptive statistical analysis show that the majority of respondents have a moderate level of financial literacy, a positive attitude toward financial planning, but relatively low perceived behavioral control. In addition, it was found that mental accounting behaviors such as present bias tend to influence daily financial decision-making. These findings indicate that integrating TPB and behavioral finance theory provides a more comprehensive understanding of MSMEs' financial planning behavior. The conclusion of this study confirms the importance of a holistic and behavior-based approach in designing educational interventions and appropriate financial policies, particularly to improve the quality of financial decision-making among MSME actors.
Copyright (c) 2025 Achmad Murdiono*, Fadia Zen, Subagyo https://creativecommons.org/licenses/by/4.0
Exploring Financial Behaviour in MSME’s Sector: a Sytematic Review of Literacy, Attitude, and Gender Perspective
Financial behavior is a critical aspect of economic life, particularly for actors in the micro, small, and medium enterprises (MSMEs) sector. This study aims to systematically review academic literature on the influence of financial literacy, financial attitudes, and gender role on financial behavior, utilizing a Systematic Literature Review (SLR) approach guided by the PRISMA protocol. This study was arranged to review in a systematic literature review approach, focusing on the influence of academic literature related to literacy finance, attitude finance, and gender roles in behavior finance, using a Systematic Literature Review (SLR) approach based on the PRISMA protocol. Sixty articles were selected from five academic databases (Scopus, ScienceDirect, Google Scholar, Emerald, and ProQuest), published between 2015 and 2025, and analyzed through thematic coding techniques. The results are relevant that financial literacy affects financial behavior directly and indirectly, mediated by attitude and intentions. Financial attitude is a key moderator in fostering responsible financial behavior. At the same time, gender is a moderate variable that influences the strength of the relationships among the variables. Moreover, behavioral characteristics differ among MSME actors, indicating the need for demographically contextualized interventions. This review emphasizes integrating financial literacy, attitude, and gender in shaping financial behavior. It supports the necessity for targeted financial education policies, including gender- and community-based approaches. The findings further affirm the relevance of theories such as the theory of planned behavior and mental accounting in understanding financial behavior in the digital era.
Copyright (c) 2025 Achmad Murdiono*, Fajar Azmi Kurniawan, Heri Pratikto, Agus Hermawan https://creativecommons.org/licenses/by/4.0
The Influence of Institutional Ownership, Independent Commissioners and Profitability on Tax Avoidance with Firm Size as a Moderating Variable (Empirical Study on Banking Companies Listed on the Indonesia Stock Exchange (IDX) in 2019-2023)
This research investigates how institutional ownership, independent commissioners, and profitability influence tax avoidance practices, while examining whether firm size serves as a moderating factor in these relationships. The study focuses on banking sector companies listed on the Indonesia Stock Exchange during the 2019-2023 period. Through purposive sampling methodology, researchers selected 22 companies that met the established criteria, resulting in 110 observations across the five-year timeframe (22 companies × 5 years). The analytical approach employed hypothesis testing through t-tests and utilized Moderated Regression Analysis (MRA) to examine the moderating effects of firm size. Data processing was conducted using the E-Views 13 software application, with the Random Effect Model (REM) identified as the most suitable model after comparing various analytical approaches. The findings reveal mixed results regarding the variables' impact on tax avoidance behavior. Neither institutional ownership nor independent commissioners demonstrated significant effects on tax avoidance practices among the studied banking companies. However, profitability emerged as a significant factor influencing tax avoidance decisions. Contrary to expectations, firm size failed to moderate any of the relationships between the independent variables (institutional ownership, independent commissioners, and profitability) and tax avoidance, suggesting that company size does not alter how these factors affect tax avoidance strategies in the banking sector.
Copyright (c) 2025 Isni Mardiani*, Indra Pahala, Achmad Fauzi https://creativecommons.org/licenses/by/4.0
The Impact of Company Growth and Company Size on Dividend Policy in Automotive and Component Sub-Sector Companies Listed on the Indonesian Stock Exchange During the Period 2020–2023
This research seeks to examine and evaluate how corporate growth and firm size influence dividend policy among manufacturing companies in the automotive and components subsector from 2020 to 2023. The study employs a quantitative methodology and focuses on 18 manufacturing firms in the automotive and components subsector that are publicly traded on the Indonesia Stock Exchange during the specified timeframe. Through purposive sampling methods, the researchers selected 15 companies from this subsector for analysis. The analytical approach utilized multiple linear regression analysis conducted with SPSS version 19 software. The findings reveal that corporate growth does not significantly impact dividend policy decisions, whereas firm size demonstrates a positive and statistically significant influence on dividend policy. When examining the combined effect of both variables, the results indicate that company growth and firm size together influence dividend policy, though this collective impact lacks statistical significance.
Copyright (c) 2025 Fachwadi Bintang*, Wahyu Indah Mursalini, Afni Yeni https://creativecommons.org/licenses/by/4.0
Measurement of Company Financial Performance Using Debt to Equity Ratio and Debt to Total Asset Ratio in Mining Companies in Indonesia
This research assesses how debt ratios influence the financial performance of Indonesian coal mining firms by utilizing regression analysis. A sample of 23 coal mining companies listed on the Indonesia Stock Exchange was studied, chosen through purposive sampling from a total of 33 companies between 2020 and 2023. Statistical analysis reveals that Debt to Equity Ratio significantly affects Financial Performance (ROE), demonstrated by a t-test significance value of 0.001 < α 0.05 and t-value of -3.390 > t-table 1.667. Similarly, Debt to Total Asset Ratio shows significant partial impact on ROE, with t-test results indicating significance of 0.005 < α 0.05 and t-value of 2.912 > t-table 1.667. The F-test confirms that both debt ratios simultaneously influence financial performance, showing significance of 0.003 < α 0.05 and f-value of 6.169 > f-table 3.130. The 0.152 R-squared value suggests that 15.2% of the variability in ROE is accounted for by the independent variables, leaving 84.8% of the variability to be influenced by unexamined factors in this research. The findings demonstrate that debt management strategies significantly impact financial performance in the coal mining sector.
Copyright (c) 2025 Seflidiana Roza*, Arfimasri, Intan Meilani https://creativecommons.org/licenses/by/4.0
Artificial Intelligence in Cybersecurity: A Comparative Study of Threat Detection Algorithms
This paper presents a systematic literature review (SLR) on AI-based algorithms for cybersecurity threat detection, aiming to evaluate the effectiveness and performance differences of various artificial intelligence techniques. The purpose of this study is to provide a comprehensive overview of the most effective AI models for detecting cyber threats and to examine their practical applications across various cybersecurity domains, including IoT, critical infrastructure, and cyber-physical systems. The review includes studies published between 2021 and 2025, sourced from prominent academic databases such as MDPI, SpringerLink, and IEEE Xplore.The methodology employed involved the selection of peer-reviewed articles using inclusion and exclusion criteria, followed by thematic analysis of the AI techniques used in the studies. Key themes such as supervised learning, unsupervised learning, deep learning, and hybrid approaches were explored. Performance metrics including accuracy, precision, recall, F1-score, and false positive rates were used to evaluate algorithm effectiveness. The results highlight the comparative performance of different AI models and provide insights into the strengths and weaknesses of each approach, as well as their suitability for specific cybersecurity applications.The findings emphasize the importance of dataset quality, algorithm transparency, and the need for reducing false positives in real-world applications. The review concludes by recommending the continued development of hybrid AI approaches and the need for more transparent, explainable models.
Copyright (c) 2025 Shir Ahmad Hamidi*, Ali Mohammad Amiri, Hedayatullah Shujaee https://creativecommons.org/licenses/by/4.0
Financial Access and Financial Literacy on the Performance of MSMEs in Solok City
This research aims to examine the influence of financial inclusion and financial literacy on the performance of Micro, Small, and Medium Enterprises (MSMEs), specifically 3 kg LPG gas depots located in Bukit Sundi and Kubung Districts, Solok Regency. MSMEs in this area still face various obstacles, particularly limited access to formal financial services and low understanding of business operators regarding financial management. The study employs a quantitative method utilizing multiple linear regression to analyze primary data obtained from surveys completed by 40 gas depot owners. Findings indicate that financial literacy positively impacts MSME performance, although financial inclusion does not have a significant partial effect. Nevertheless, when considered together, both variables significantly influence business performance. This finding confirms the importance of improving financial literacy for MSME operators rather than merely expanding access to financial services. This research recommends that future studies consider additional variables such as work incentives, human resource quality, and productivity to obtain a more comprehensive understanding of the factors that influence MSME performance.
Copyright (c) 2025 Seflidiana Roza, Esi Sriyanti, Althaf Naufal Zahran* https://creativecommons.org/licenses/by/4.0
The Impact of Motivation and Work Environment in Improving the Performance of Government Employees of the Hiliran Gumanti Sub-District, Solok Regency
The role of employee performance in organizational effectiveness is of particular importance in the public sector, where success in service delivery is critically based on human resources. Yet, many of the government institutions struggle in ensuring peak performance by their employees due to low motivation and lesser conducive workplaces environment. They can create obstacles to productivity, slow down the processes, and eventually affect the quality of public services. This study was carried out in Hiliran Gumanti District within Solok Regency to examine how motivation and workplace conditions affect the job performance of government workers. The researchers used a quantitative approach and conducted surveys using questionnaires to assess the relationships. The findings revealed that the motivation factor positively and significantly influences job performance, and therefore the alternative hypothesis is accepted. Similarly, work environment also significantly influenced employee performance, therefore, alternative hypothesis was also accepted. Moreover, results of joint analysis found that motivation and work environment together have significant effect on employee performance, which strengthens conclusion that both motivational and work environment have critical role on increasing the effectiveness of government employees.
Copyright (c) 2025 Rivo Revanda*, Afni Yeni, Wahyu Indah Mursalini https://creativecommons.org/licenses/by/4.0
Determinants of Savings and Loan Cooperative Development: The Role of Member Participation and Financial Literacy
Despite their vital role in community empowerment, many cooperatives encounter challenges arising from low levels of member participation and inadequate financial literacy. These issues often hinder the effectiveness and sustainability of cooperative operations. As such, the purpose of this study was to determine the extent of the Influence of Member Participation and Financial Literacy on Cooperative Development at the Ibu Mandiri Berprestasi Cooperative, Palangki Village, Sijunjung Regency. This quantitative study involved a population consisting of 48 cooperative members. The study employed a total sampling approach for participant selection and collected data through questionnaires. The finding showed that Member Participation (X1) significantly influences Cooperative Development. Similarly, Financial Literacy (X2) demonstrated a significant impact on Cooperative Development. The F-test results indicated that both Member Participation and Financial Literacy collectively influence Cooperative Development in a statistically significant manner. The findings emphasize the need to increase member participation as well as financial literacy in order to reinforce cooperative development and guarantee durability.
Copyright (c) 2025 Ida Nirwana, Esy Sriyanti, Fadri Andreskhi* https://creativecommons.org/licenses/by/4.0
Factors Affecting Company Value in Manufacturing Companies in the Agricultural Subsector Listed on the Indonesian Stock Exchange
This investigation aims to unravel the antecedents that shape Firm Value within Manufacturing Corporations in the Plantation Sub-sector listed on the Indonesia Stock Exchange. The study encompassed 15 entities selected through purposive sampling over the period from 2019 to 2023. By employing multiple linear regression, it was inferred that the Current Ratio and Debt to Equity Ratio exhibit a discernible influence on Firm Value, as articulated in the regression equation: Y = 0.341 + 0.186X1 + 0.369X2 + e. The results of the t-test indicated that the Current Ratio (X1) does not have a significant effect on Firm Value, with a t-value of 1.365 < t-table 1.993 and a significance value of 0.179 > 0.05. Therefore, the first hypothesis is rejected. Conversely, the Debt to Equity Ratio (X2) has a significant effect on Firm Value, with a t-value of 3.339 > t-table 1.993 and a significance value of 0.002 < 0.05. Thus, the second hypothesis is accepted. Furthermore, the F-test results showed that both the Current Ratio and Debt to Equity Ratio simultaneously have a significant effect on Firm Value, with a F-value of 6.448 > F-table 3.124 and a significance value of 0.003 < 0.05. Therefore, the third hypothesis is accepted. The coefficient of determination test produced an R-squared value of 0.223. This means that the independent variables, Current Ratio and Debt to Equity Ratio, explain 22.3% of the variation in Firm Value, while the remaining 77.7% is explained by other factors outside this research model.
Copyright (c) 2026 Wahyu Indah Mursalini, Afni Yeni, Nada Iswara* https://creativecommons.org/licenses/by/4.0
The Effect of Current Ratio (CR) and Debt To Equity Ratio (DER) on Return on Assets (RoA) in Pharmaceutical Subsector Companies Listed on the Indonesian Stock Exchange (IDX) 2020-2023 Period
The primary objective of this research is to gather practical evidence concerning the impact of the Current Ratio and Debt To Equity Ratio on the Return On Assets in Pharmaceutical Subsector Companies listed on the Indonesia Stock Exchange (IDX) between 2020 and 2023. The research employs regression analysis using a quantitative methodology based on financial reports of the companies. The research sample was chosen through the purposive sampling technique, consisting of 26 pharmaceutical subsector companies that fulfilled the research criteria. The findings of the study suggest that the CR has a positive and influential influence on ROA, with a regression coefficient of 0.023 and a significance level of 0.000 (<0.05), hence confirming the hypothesis (H₁). Conversely, the DER is uninfluential on ROA, with a regression coefficient of 0.011 and a significance value of 0.596 (>0.05), leading to the rejection of hypothesis H₂. Nevertheless, both the CR and DER jointly is influential on the ROA, with an F value of 15.785 and a significance of 0.000, supporting the acceptance of hypothesis H₃. Hence, this study highlights the significant role of the CR in enhancing ROA, while the DER lacks individual significance.
Copyright (c) 2025 Wahyu Indah Mursalini, Nurhayati, Muhamad Azen* https://creativecommons.org/licenses/by/4.0
The Strategic Role of Machine learning Algorithms in Bolstering Cybersecurity and Resilience
The rapid evolution of cyber threats in recent years has intensified the need for intelligent and adaptive security measures. Machine learning (ML) has emerged as a promising solution, offering capabilities for real-time threat detection, prediction, and autonomous response. This systematic literature review aims to investigate the effectiveness of various machine learning algorithms in enhancing cybersecurity between 2018 and 2025. Using a predefined search strategy, articles were sourced from reputable databases including MDPI, ScienceDirect, IEEE Xplore, and SpringerLink. The review focused on peer-reviewed research examining the application of ML in cybersecurity contexts such as threat detection, cyber resilience, and automated incident response. A total of 25 studies were selected after applying strict inclusion and exclusion criteria. The analysis revealed that deep learning and ensemble methods showed superior performance in detecting complex threats, while supervised learning was prevalent in intrusion detection systems. However, issues like data imbalance, adversarial attacks, and ethical transparency were noted as significant challenges. The findings underscore the transformative role of ML in cybersecurity, yet emphasize the need for interpretability and ethical oversight. This review concludes that integrating ML with existing defense systems and human expertise is essential for building adaptive, resilient, and ethical cybersecurity solutions in the evolving digital landscape.
Copyright (c) 2025 Khudai Qul Khaliqyar*, Navid Bikzad, Abdul Qadir Nasimi https://creativecommons.org/licenses/by/4.0
Key Performance Indicators and Employee Performance: A Systematic Literature Review
This research focuses on Key Performance Indicators (KPI) and employee performance in companies. This study uses a Systematic Literature Review scheme aimed at reviewing previous research related to Key Performance Indicators and performance. There were 1,100 research literatures found and then filtered using the PRISMA method. Using the PICO method in data collection from 2 sources, namely Google Scholar and Crossref. The filtering and data inclusion results obtained 30 journals as material for the final review. Through this research, it is concluded that the implementation of performance appraisal can use tools such as Key Performance Indicators to make it easier for company leaders to assess employee performance. Key Performance Indicators can help companies improve efficiency in assessing employee performance. The recommendation from this research is that companies must improve technology to support Key Performance Indicators for assessing employee performance so that the assessment is more accurate.
Copyright (c) 2025 Cindy Pramita*, Rikardus Kurnia Lango, Sopiah, Ludi Wishnu Wardhana https://creativecommons.org/licenses/by/4.0
The Effect of Internal Control, Risk Management, and Whistleblowing Systems on Fraud Prevention
This study aims to determine the effects of internal control, risk management, and whistleblowing on fraud prevention. The research sample included as many as 75 respondents, including structural officials within OPD. Quantitative research using the survey approach method was used. The secondary data used were questionnaires distributed to the Lebong district OPD officials. The data analysis method used was multiple linear regression using SPSS version 29. This study results the internal control variable significantly affects fraud prevention, the risk management variable has no significant effect on fraud prevention, and the whistleblowing system variable significantly affects fraud prevention. This study provides practical insights for government organizations to strengthen fraud prevention strategies through better monitoring and reporting mechanisms. In addition, risk management needs to be reviewed to be more effective in reducing potential fraud. By implementing the right strategy, OPD can create a more transparent and accountable financial and operational management environment
Copyright (c) 2025 Dea Marseli*, Novitasari https://creativecommons.org/licenses/by/4.0
Accounting Students' Perceptions of a Career as a Public Accountant: Job Market Considerations, Work Environment, Workload, and Financial Rewards
The Indonesian Institute of Public Accountants (IAPI) reports that there is a significant lack of personnel in the field of public accounting. This is reflected in the accounting profession's key role in instilling professional principles, integrity, and competence that are not only intelligent in calculations but also must understand the economic situation at large and can present an assessment in the form of information that can be used for decision-making. This scenario highlights the importance of students in addressing the growing demand for public accountants in Indonesia. The primary objective of this research is to identify discrepancies in past studies on how job market factors, work environment, workload, and financial incentives shape accounting students' perception of a career as public accountants. The methodology employed in this study involves a quantitative strategy, and the target population consists of PTN registered in the LLDIKTI region of Region II. Based on the results of this study, it is known that the implications of variables of consideration of the job market, work environment, workload, and financial rewards support the theory of planned behavior, and it is important for students to consider and know how their perception of a profession is, such as the possibility of getting a job in that career, the circumstances and conditions of the workplace environment they will encounter, the pressure of the work done, and the reward or salary to be received. Future research can enhance this model by adding moderation variables and expanding the sample for more accurate results.
Copyright (c) 2025 Amanda Putri Dwi Anjani*, Herawansyah, Baihaqi https://creativecommons.org/licenses/by/4.0