Dinasti International Journal of Economics, Finance & Accounting
type: channel
description: Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) from Volume 5 Number 6 of 2025 to Volume 10 Number 5 of 2030 Accredited Sinta Rank 3 according to Accreditation number: 295/C/C3/KPT/2026, February 3rd, 2026. Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) was published by the Institute to manage and publish scientific journals in Dinasti Publisher in 2020 under the auspices of Yayasan Dharma Indonesia Tercinta (DINASTI) and Universitas Winaya Mukti (UNWIM) Bandung. with e-ISSN: 2721-303X and p-ISSN: 2721-3021 published by the Institute for Managing and Journal Publishing Scientific in Dinasti Publisher. DIJEFA aims to be the center of researchers' publications on Economics, Finance and Accounting. It is published six times a year. Articles can be written in English. Please send articles to our OJS system.
publisher: Dinasti Publisher
language: en-US
publication name: Dinasti International Journal of Economics, Finance & Accounting
issn: 2721-3021
copyright: Authors who publish their manuscripts in this journal agree to the following conditions: The copyright on each article belongs to the author(s). The author acknowledges that the Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) has the right to be the first to publish with a Creative Commons Attribution 4.0 International license (Attribution 4.0 International (CC BY 4.0). Authors can submit articles separately, arrange for the non-exclusive distribution of manuscripts that have been published in this journal into other versions (e.g., sent to the author's institutional repository, publication into books, etc.), by acknowledging that the manuscript has been published for the first time in the Dinasti International Journal of Economics, Finance & Accounting (DIJEFA).
items: The Role of Ground Handling Management in Improving Aircraft Turnaround Time Efficiency
items: Determinants of Fintech Application Usage with Interest as a Mediating Variable among Gen-Z in the Jabodetabek Area
items: The Influence of Environmental Performance, Carbon Emissions Disclosure, Green Process Innovation, and Green Product Innovation on Firm Value in the Food and Beverage Sub-sector
items: The Influence of Financial Literacy, Financial Behavior, and Overconfidence on the Investment Decisions of Generation Z: College Students in Indonesia
items: The Impact of Green Accounting, Environmental Disclosure, and Material Flow Cost Accounting on Corporate Profitability
items: The Influencer of Authenticity Attributes and Celebrity Congruence on Purchase Intention: The Mediating Role of Parasocial Relationship
items: The Influence of Social Media Marketing Activities (SMMAs) on Customer Loyalty Mediated by Consumer Brand Engagement among Customers of Rumah Makan Padang Payakumbuah in Surabaya
items: Digital Gold Installment Innovation at Bank Muamalat: Sharia Compliance and Digital Accessibility
items: Does Profitability Really Matter? Unmasking the Mediating Path Between Market Performance and Firm Value
items: The Effect of Transfer Pricing, Thin Capitalization, and Capital Intensity on Tax Agressiveness in Industrial Companies in Indonesia for the Period 2020-2024
items: Brand Love as a Key Mediator: Linking Product and Web Design Quality to Purchase Decisions among Shopee Consumers in West Kalimantan
items: The Influence of Financial Inclusion, Digital Financial Literacy, and Risk Perception on Investment Decisions in Generation Z
items: The Influence of Budgetary Slack on Managerial Performance with Leadership Style as a Moderating Variable
items: The Influence of Competence, Compensation, and Communication Skills on Work Productivity at PT Putra Darma Indonesia
items: Implementation of the PIECES Framework and the Effectiveness of the Online Weighbridge System on Road Traffic Safety through Driver Compliance
items: The Effect of Work Discipline, Motivation, and Organizational Culture on Employee Performance at Krisna Oleh-Oleh Khas Bali 5
items: The Effect of the Fraud Hexagon Model on Fraudulent Financial Reporting in State-Owned Enterprises
items: The Effect of Transfer Pricing, Capital Intensity on Tax Avoidance with Sustainability Report as a Moderation Variable
items: The Influence of Word of Mouth, Complaint Handling, and Service Quality on Customer Loyalty at Salon Surya in Singaraja
items: Integrating STP and Marketing Mix (4P) for Effective Storytelling Content Development for the Avoskin’s Brand on Instagram
items: The Role of Customer Satisfaction in Mediating the Effect of Service Quality and Trust on Customer Loyalty at LPD Tanjung Benoa
items: The Influence of Green Economy Policies on Company Marketing Strategies in Indonesia
items: A Systematic Review of How Usability and Accessibility Drive Satisfaction in Next-Gen E-Government
items: A Literature Study on Cultural Digitalization in Efforts to Enhance Product Value and National Image in the Creative Industry
items: Blue Ocean Strategy in Healthy Bakeries in Bali
items: Determination of Women's Skincare Product Purchase Decisions: The Role of Halal Labels, Lifestyle, and Brand Awareness
items: The Influence of Big 4 Audit Firms and Audit Fees on the Communication of Key Audit Matters with the Moderating Role of Audit Committee Financial Expertise
items: The Impact of Key Audit Matter Disclosures on Audit Report Lag in Indonesia
items: The Effect of ESG Performance on Audit Report Lag: The Moderating Role of Audit Firm Size
items: The Influence of Socioeconomic Factors in Improving VAT Compliance and Moderated by Tax Knowledge (A Study on MSMEs in Southwest Sumba Regency, East Nusa Tenggara)
items: The Influence of Administrative Practices and Service Quality on Patient Loyalty Mediated by Patient Satisfaction
items: Implementation and Role of the Productive Waqf Incubation Program (IWP) of the Ministry of Religious Affairs of the Republic of Indonesia in the Development of Nazhir Entrepreneurship
items: Baktiseraga Village Governance as a Best Practice of Good Governance in Buleleng Regency
items: Business Development Strategy Using Swot Analysis in an Effort to Improve Competitiveness at UD Sinar Terang
items: What is Client Satisfaction a Mediating Variable between Promotion, Quality of Service, and Client Trust in the Decision to Use Tax Consultant Services
items: Analysis of the Impact of Profitability on Stock Returns for Banking Companies Listed on the Indonesia Stock Exchange, 2020–2024
items: Revitalization of Musyarakah Financing in BMT (Baitul Maal wat Tamwil)
items: A Study on Financial Management among Generation Z in Malang City
items: Forecast-Driven Spare-Parts Inventory Control in Coal-Mining Operations: An Integrated Operational–Financial Framework
items: Evaluating The Impact of Viral Marketing Elements in TV Ads on Brand Awareness in Indonesia’s Dairy Industry
items: Determining Factors in Handling Incidents Impacting Business Continuity in LRT Jabodebek Division
items: The Effect of Professional Skepticism, Independence and Auditor Ethics on Fraud Prevention by Moderating Audit Quality (Study at Public Accountant Firm Jojo Sunarjo and Partners)
items: Digital Financial Transparency in Local Governments: The Role of Leverage, Dependency, and Fiscal Independence
items: Does ESG Matter across the CLC? Evidence from Trade Credit in ASEAN Non Cyclical Firms
items: Detecting Financial Statement Fraud in Public Sector Institutions: Insights from Internal Auditors in Law Enforcement Organizations
items: The Effect of Capital Intensity and Thin Capitalization on Tax Avoidance with Company Size as a Moderator
items: The Influence of Service MSMEs and Service Design on Value Co-Creation through Experiential Authenticity in Tourism MSMEs
items: Analysis of MSMEs Sustainability through Competitive Business Advantage from a Service Dominant Logic Perspective
items: Rural Women’s Entrepreneurship and Local Economic Development: A Sustainable Livelihood Framework Perspective
items: The Role of Marketing Innovation in Household Business Sustainability: A Resource-Based View Approach
items: A Decision-Making Framework for Securing Compliant UCO Supply for SAF Production
items: The Effect of Corporate Governance on Earnings Management with Audit Tenure as a Moderating Variable
items: The Influence of Leadership Style, Employee Engagement, and Work Environment on Service Quality: A Systematic Literature Review
items: Improvement Strategy Quality Public Services in the Organizational Section District Regional Secretariat
items: Policy Analysis and Decision-Making Framework for ESG Strategy Implementation at Pertamina's Refinery

The Role of Ground Handling Management in Improving Aircraft Turnaround Time Efficiency
type: item
description: Ground handling plays a crucial role in ensuring efficient aircraft operations, particularly in minimizing turnaround time (TAT). This study aims to analyze the role of ground handling management in improving operational efficiency in air transportation. The method used in this research is a qualitative approach through literature review and analysis of secondary data from aviation reports and previous studies. The results indicate that effective coordination, workforce competency, and the use of technology significantly influence turnaround efficiency. Delays in ground handling activities such as baggage handling, refueling, and passenger boarding can directly impact flight schedules. Therefore, integrated management and operational optimization are essential to enhance service quality and airline performance.
creator: Mochamad Reza Pribadi
rights: Copyright (c) 2026 Mochamad Reza Pribadi https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-12
publication date: 2026-05-12
volume: 7
number: 2
starting page: 925
ending page: 932
doi: 10.38035/dijefa.v7i2.6711

Determinants of Fintech Application Usage with Interest as a Mediating Variable among Gen-Z in the Jabodetabek Area
type: item
description: The rapid advancement of digital technology has accelerated the widespread adoption of financial technology (fintech) services, notably the GoPay digital wallet, which maintains a dominant position in the Indonesian e-wallet market. Despite its high penetration, the continuous usage of GoPay among Generation Z remains contingent upon perceived benefits and user trust, particularly concerning personal data security. This study aims to analyze the impact of performance expectancy and trust on the usage of the GoPay application among Generation Z in the Greater Jakarta (Jabodetabek) area, both directly and as mediated by behavioral intention. A quantitative research design was employed, involving the distribution of questionnaires to 400 Generation Z respondents who are familiar with GoPay but are not yet intensive users. Employing Structural Equation Modeling-Partial Least Squares (SEM-PLS) as the analytical framework, this study finds that performance expectancy, trust, and behavioral intention significantly influence GoPay application usage. Notably, performance expectancy does not transmit a significant indirect effect on usage through behavioral intention. By contrast, trust exerts a significant mediated effect on usage, with behavioral intention functioning as an intervening variable in this relationship.
creator: Denny Wijaya
creator: Henny Medyawati
rights: Copyright (c) 2026 Denny Wijaya, Henny Medyawati https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-12
publication date: 2026-05-12
volume: 7
number: 2
starting page: 933
ending page: 943
doi: 10.38035/dijefa.v7i2.6676

The Influence of Environmental Performance, Carbon Emissions Disclosure, Green Process Innovation, and Green Product Innovation on Firm Value in the Food and Beverage Sub-sector
type: item
description: This study aims to empirically examine the effect of environmental performance, carbon emissions disclosure, green process innovation, and green product innovation on firm value in the food and beverage sub-sector listed on the Indonesia Stock Exchange (IDX) during the 2021–2024 period. This research employs a quantitative approach using a causal associative design, using secondary data from annual and sustainability reports of companies. The sample was selected using purposive sampling, resulting in 149 observations, and analyzed using multiple linear regression with SPSS version 26. The results show that environmental performance has a negative and significant effect on firm value, indicating that higher PROPER ratings are not always perceived positively and may be viewed as a cost burden by investors. Carbon emissions disclosure also has a negative and significant effect, indicating that transparency in carbon emissions is still viewed as a signal of risk and potential future costs. Meanwhile, green process innovation does not have a significant effect on firm value due to its internal nature and limited observability. In contrast, green product innovation has a positive and significant effect on firm value, demonstrating that consumer-oriented innovation can enhance market trust and firm valuation.
creator: Putra Rizky Prasetyo
creator: Sri Suryaningsum
rights: Copyright (c) 2026 Putra Rizky Prasetyo, Sri Suryaningsum https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-12
publication date: 2026-05-12
volume: 7
number: 2
starting page: 944
ending page: 957
doi: 10.38035/dijefa.v7i2.6706

The Influence of Financial Literacy, Financial Behavior, and Overconfidence on the Investment Decisions of Generation Z: College Students in Indonesia
type: item
description: This study aims to analyze the influence of financial literacy, financial behavior, and overconfidence on the investment decisions of Generation Z students in Indonesia. This study uses a quantitative approach with a survey method, utilizing a questionnaire distributed via Google Forms with a 5-point Likert scale. A sample of 294 students aged 18–25 years who have made investments was obtained. Data analysis techniques include descriptive statistics, data quality checks, classical assumption tests, and multiple linear regression analysis, including T-tests, F-tests, and coefficient of determination tests, using IBM SPSS version 22. The results indicate that financial literacy, financial behavior, and overconfidence have a positive and significant influence on the investment decisions of Generation Z students in Indonesia.
creator: Rhatu Syelga Fatiyah
creator: Danang Adiputra
rights: Copyright (c) 2026 Rhatu Syelga Fatiyah, Danang Adiputra https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-13
publication date: 2026-05-13
volume: 7
number: 2
starting page: 958
ending page: 970
doi: 10.38035/dijefa.v7i2.6696

The Impact of Green Accounting, Environmental Disclosure, and Material Flow Cost Accounting on Corporate Profitability
type: item
description: Environmental sustainability issues require companies—particularly those in the consumer sector that contribute to environmental degradation—to focus not only on financial performance but also on environmental impacts, thereby driving the adoption of green accounting, environmental disclosure, and MFCA as approaches to sustainability accounting. This study aims to empirically test the influence of green accounting, environmental disclosure, and Material Flow Cost Accounting (MFCA) on the profitability of consumer sector companies listed on the Indonesia Stock Exchange for the period 2019–2023. This study uses a quantitative approach with a sample of 40 companies (185 observations) selected through purposive sampling based on specific criteria. The research data consists of secondary data obtained from companies’ annual reports and sustainability reports, which were then analyzed using SPSS through classical assumption tests, multiple linear regression, the coefficient of determination (R²), as well as F-tests and t-tests to examine the simultaneous and partial effects of the independent variables on profitability. The research results indicate that Green Accounting does not have a significant effect on profitability (t = 0.594; sig = 0.553), whereas Environmental Disclosure (t = −1.766; sig = 0.079) and MFCA (t = −5.097; sig = 0.001) have a significant negative effect on ROA. These findings indicate that sustainability practices have not yet had a direct impact on improving profitability because they still incur short-term implementation costs, although they have the potential to improve long-term efficiency and performance.
creator: Salma Putri Aisyah
creator: Lintang Kurniawati
rights: Copyright (c) 2026 Salma Putri Aisyah, Lintang Kurniawati https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-13
publication date: 2026-05-13
volume: 7
number: 2
starting page: 971
ending page: 980
doi: 10.38035/dijefa.v7i2.6690

The Influencer of Authenticity Attributes and Celebrity Congruence on Purchase Intention: The Mediating Role of Parasocial Relationship
type: item
description: This study examines the influence of authenticity attributes and celebrity congruence on purchase intention through parasocial relationship. The purpose of this research is to understand how influencer characteristics and perceived congruence shape emotional attachment and influence consumer purchase intention in the context of self-branding. This study adopts a quantitative approach using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS 4.0. Data were collected through an online questionnaire from 299 respondents who follow Sashfir and have been exposed to Lafiye promotional content. The findings indicate that expertise, truthful endorsement, and uniqueness have a positive and significant effect on purchase intention, while sincerity and visibility do not show significant effects. Celebrity congruence has a positive and significant effect on purchase intention. Furthermore, authenticity attributes and celebrity congruence significantly influence parasocial relationship, which in turn significantly affects purchase intention. These findings highlight the importance of emotional bonds between influencers and audiences in driving consumer behavior.
creator: Aisya Tsuraya
creator: Erlita Ridanasti
rights: Copyright (c) 2026 Aisya Tsuraya, Erlita Ridanasti https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-15
publication date: 2026-05-15
volume: 7
number: 2
starting page: 981
ending page: 991
doi: 10.38035/dijefa.v7i2.6713

The Influence of Social Media Marketing Activities (SMMAs) on Customer Loyalty Mediated by Consumer Brand Engagement among Customers of Rumah Makan Padang Payakumbuah in Surabaya
type: item
description: The rapid development of social media has transformed marketing strategies, particularly in the culinary sector, where social media serves not only as a promotional tool but also as a platform to build consumer relationships and engagement. This study aims to analyze the influence of Social Media Marketing Activities (SMMAs) including entertainment, interaction, trendiness, customization, and electronic word-of-mouth (e-WOM) on customer loyalty, with Consumer Brand Engagement as a mediating variable. This research employs a quantitative approach using a survey method targeting customers of Rumah Makan Padang Payakumbuah in Surabaya. Data were collected through questionnaires and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS 3. The results indicate that entertainment, interaction, trendiness, and e-WOM have a positive and significant effect on Consumer Brand Engagement, while customization does not show a significant effect. Furthermore, Consumer Brand Engagement is proven to have a strong positive and significant effect on Customer Loyalty. These findings suggest that social media marketing activities play a crucial role in enhancing consumer engagement, which subsequently leads to increased customer loyalty. This study contributes theoretically to the development of digital marketing and consumer behavior literature, particularly in understanding the mediating role of engagement. Practically, the results provide insights for culinary businesses in designing effective social media strategies to strengthen customer relationships and loyalty.
creator: Nailatur Rohmah
creator: Yanuar Dananjaya
rights: Copyright (c) 2026 Nailatur Rohmah, Yanuar Dananjaya https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-18
publication date: 2026-05-18
volume: 7
number: 2
starting page: 992
ending page: 1010
doi: 10.38035/dijefa.v7i2.6679

Digital Gold Installment Innovation at Bank Muamalat: Sharia Compliance and Digital Accessibility
type: item
description: This study analyzes the innovation of the digital gold installment product Solusi Emas Hijrah (SOLEH) at Bank Muamalat, focusing on sharia compliance and accessibility. The background highlights the rapid growth of Islamic fintech in Indonesia alongside persistent public doubts about the permissibility of digital gold installment transactions and weaknesses in the implementation of the Rahn contract. The objective is to understand how digital innovation is integrated, how sharia compliance is executed, and how accessibility is perceived by customers. A qualitative case study approach was employed at Bank Muamalat’s Genteng sub branch in Banyuwangi. Data were collected through in depth interviews with the branch manager, funding officer, and two customers, supported by observation and documentary studies. The findings reveal that the product successfully integrates digital convenience through the Muamalat DIN application with the security of physical gold ownership using Murabahah and Rahn contracts, offering high financing limits up to 500 grams and a tenor of 10 years. Sharia compliance is implemented through rigorous verification, customer education, and price transparency. However, the Rahn contract still shows weaknesses in asset ownership clarity. Accessibility encompasses three interrelated dimensions: digital, economic (installment affordability is more valued by customers), and cognitive (low public understanding remains the greatest challenge). The study concludes that the success of Islamic fintech depends not merely on technological innovation but on tangible sharia compliance and addressing fundamental financial needs.
creator: Wafiroh Dwi Adlha
creator: Lely Ana Ferawati Ekaningsih
rights: Copyright (c) 2026 Wafiroh Dwi Adlha, Lely Ana Ferawati Ekaningsih https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-20
publication date: 2026-05-20
volume: 7
number: 2
starting page: 1011
ending page: 1021
doi: 10.38035/dijefa.v7i2.6722

Does Profitability Really Matter? Unmasking the Mediating Path Between Market Performance and Firm Value
type: item
description: This study analyzes the role of profitability in mediating the effects of stock price, liquidity, and asset growth on firm value in the healthcare subsector of the Indonesia Stock Exchange for the period 2021-2024. The sample was selected using purposive sampling, resulting in 67 annual reports from 17 companies. Data analysis included descriptive statistic, classical assumption test, and path analysis using SPSS 25. The results indicate that stock price has a significant effect on profitability but does not directly affect firm value. Liquidity has a significant effect on both profitability and firm value. Conversely, asset growth does not affect either profitability or firm value. Profitability mediates the effects of stock price and liquidity on firm value but does not mediate the relationship between asset growth and firm value. these findings indicate that profitability acts as an important mediating variable in the relationship between stock price and liquidity. This study is expected to serve as a reference for companies and investors in making more accurate and strategic decisions, particularly in optimizing financial performance to enhance firm value.
creator: Ruth Anindya Briegita
creator: Abdul Kahar
creator: Ni Made Suwitri Parwati
creator: Muhammad Ilham Pakawaru
rights: Copyright (c) 2026 Ruth Anindya Briegita, Abdul Kahar, Ni Made Suwitri Parwati, Muhammad Ilham Pakawaru https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-20
publication date: 2026-05-20
volume: 7
number: 2
starting page: 1022
ending page: 1039
doi: 10.38035/dijefa.v7i2.6682

The Effect of Transfer Pricing, Thin Capitalization, and Capital Intensity on Tax Agressiveness in Industrial Companies in Indonesia for the Period 2020-2024
type: item
description: Tax aggressiveness is one of the strategies companies use to minimize their tax burden. This practice can lead to tax compliance issues and impact state revenue. This study aims to examine the influence of transfer pricing, thin capitalization, and capital intensity on tax aggressiveness in Indonesian industrial companies for the 2020-2024 period. Transfer pricing is assessed using related party transaction indicators, thin capitalization is assessed using the debt-to-equity ratio (DER), capital intensity is assessed using investment indicators in fixed assets, namely the capital intensity ratio (CIR), while tax aggressiveness is assessed from the effective tax rate (ETR). This study chose a quantitative approach from secondary data sources. The population in this study is divided into industrial companies recorded on the IDX for the 2020-2024 period, with a total population of 65 companies. The sampling technique was purposive sampling for a total sample of 12 companies from 60 observation data. Data analysis was carried out using the PLS-SEM (Partial Least Square) approach and processed using the WarpPls 8.0 application. The study findings indicate that Transfer Pricing and Thin Capitalization have a negative and significant impact on Tax Aggressiveness, while Capital Intensity has a positive and significant impact on Tax Aggressiveness.
creator: Suhartini Suhartini
creator: Ni Made Suwitri Parwati
rights: Copyright (c) 2026 Suhartini, Ni Made Suwitri Parwati https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-20
publication date: 2026-05-20
volume: 7
number: 2
starting page: 1040
ending page: 1054
doi: 10.38035/dijefa.v7i2.6762

Brand Love as a Key Mediator: Linking Product and Web Design Quality to Purchase Decisions among Shopee Consumers in West Kalimantan
type: item
description: The rapid growth of e-commerce in Indonesia has significantly transformed consumer shopping behavior and intensified competition among digital platforms. This study aims to examine the influence of product quality and website design quality on purchase decisions, as well as to analyze the mediating role of brand love among Shopee users in West Kalimantan. A quantitative approach was employed using a survey method involving 200 respondents across several regions in West Kalimantan. Data were analyzed using Structural Equation Modeling with AMOS, and the mediating effect was tested using the Sobel test. The results indicate that product quality and website design quality have a positive and significant effect on purchase decisions. Both variables also significantly influence brand love, which in turn has a positive and significant effect on purchase decisions. Furthermore, brand love is proven to significantly mediate the relationship between product quality and website design quality on purchase decisions. These findings highlight the important role of emotional factors in strengthening the influence of quality attributes on consumer purchase decisions in the e-commerce context. This study contributes to the development of digital marketing literature and provides practical implications for businesses to develop strategies that emphasize both quality and emotional consumer engagement.
creator: Dwi Adnes Julians Cristianto
creator: Lauw Sun Hiong
creator: Stivenes Tjin Siam
rights: Copyright (c) 2026 Dwi Adnes Julians Cristianto, Lauw Sun Hiong, Stivenes Tjin Siam https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-20
publication date: 2026-05-20
volume: 7
number: 2
starting page: 1055
ending page: 1066
doi: 10.38035/dijefa.v7i2.6756

The Influence of Financial Inclusion, Digital Financial Literacy, and Risk Perception on Investment Decisions in Generation Z
type: item
description: This study aims to analyze the influence of financial inclusion, digital financial literacy, and risk perception on investment decisions in Generation Z in Greater Jakarta. The background of the research is based on the increasing number of young investors in the Indonesian capital market, but there is still a gap between access to finance, digital-financial capabilities, and the quality of investment decisions. This study uses a quantitative approach with purposive sampling techniques. The respondents of the study were 244 Generation Z aged 18-29 years old who were domiciled in Greater Jakarta, had experience investing in the capital market, and used financial or digital investment applications. The data was analyzed using Structural Equation Modeling based on Partial Least Squares (SEM-PLS) with the help of SmartPLS. The results of the study show that financial inclusion has a positive and significant effect on investment decisions. Digital financial literacy also has a positive and significant effect on investment decisions. In addition, risk perception has been proven to have a positive and significant effect on investment decisions. The R-square value of 0.652 shows that the three variables are able to explain 65.2% of the variation in investment decisions. These findings confirm that Generation Z's investment decisions are influenced by the ease of access to finance, the ability to understand digital financial services, and the ability to evaluate investment risks.
creator: Galih Rizkie Harianto
creator: Ranila Suciati
rights: Copyright (c) 2026 Galih Rizkie Harianto, Ranila Suciati https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-22
publication date: 2026-05-22
volume: 7
number: 2
starting page: 1067
ending page: 1076
doi: 10.38035/dijefa.v7i2.6772

The Influence of Budgetary Slack on Managerial Performance with Leadership Style as a Moderating Variable
type: item
description: This study aims to analyze the effect of budgetary slack on managerial performance with leadership style as a moderating variable in companies in DKI Jakarta. The research uses a quantitative approach with the explanatory research method. Data were collected thru questionnaires distributed to 220 respondents, consisting of middle and upper-level managers from 68 companies. The analysis technique used is Partial Least Square-based Structural Equation Modeling (SEM-PLS). The research results show that budgetary slack has a positive and significant impact on managerial performance. This indicates that slack can provide flexibility for managers in facing uncertainty and achieving performance targets. Additionally, leadership style has also been proven to have a positive and significant impact on managerial performance and is the most dominant variable in the research model. Furthermore, leadership style is capable of moderating the relationship between budgetary slack and managerial performance, although with a relatively small influence. This research implies that companies need to effectively manage budgetary slack practices and improve the quality of leadership styles to support managerial performance. Future research is recommended to add other variables and expand the research subjects to obtain more comprehensive results.
creator: Nanang Mursid
creator: Karsam Karsam
creator: Atik Budi Paryanti
rights: Copyright (c) 2026 Nanang Mursid, Karsam, Atik Budi Paryanti https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-23
publication date: 2026-05-23
volume: 7
number: 2
starting page: 1077
ending page: 1093
doi: 10.38035/dijefa.v7i2.6699

The Influence of Competence, Compensation, and Communication Skills on Work Productivity at PT Putra Darma Indonesia
type: item
description: Human resource management (HRM) constitutes a critical determinant of a company’s ability to achieve organizational objectives and sustain employee productivity. This study aims to examine the influence of competence, compensation, and communication skills on employee work productivity at PT Putra Darma Indonesia, a company operating in the coffee industry and export sector. The company faces several challenges, including suboptimal employee competence resulting from limited training opportunities, a compensation system that has yet to fully align with employees’ needs and expectations, and inadequate communication skills due to ineffective formal communication channels. This research was conducted to evaluate the extent to which these three variables contribute to employee productivity. The findings reveal that competence does not exert a significant influence on work productivity, whereas compensation and communication skills demonstrate significant effects, with communication skills exhibiting a negative directional relationship. Simultaneously, the three variables collectively influence employee productivity. These findings indicate that the company should optimize its compensation system while also reassessing and strengthening competence development and communication practices to improve employee productivity more effectively.
creator: Fariza Fitria
creator: Nurma Sari
creator: Rizky Aulia Dita
creator: Kiki Farida Ferine
rights: Copyright (c) 2026 Fariza Fitria, Nurma Sari, Rizky Aulia Dita https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-23
publication date: 2026-05-23
volume: 7
number: 2
starting page: 1094
ending page: 1101
doi: 10.38035/dijefa.v7i2.6792

Implementation of the PIECES Framework and the Effectiveness of the Online Weighbridge System on Road Traffic Safety through Driver Compliance
type: item
description: Over Dimension and Over Loading (ODOL) violations remain a major contributor to infrastructure degradation and traffic accidents in Indonesia, particularly in Banten Province. The Online Weighbridge System (Jembatan Timbang Online/JTO) at UPPKB Cikande was designed as a technology-based monitoring instrument to mitigate these violations. This study aims to analyze the implementation of the PIECES Framework (Performance, Information, Economics, Control, Efficiency, Service) and the effectiveness of JTO on road traffic safety, with driver compliance acting as a mediating variable. A quantitative approach was employed through a questionnaire survey of 385 freight drivers selected via purposive sampling at UPPKB Cikande, and the data were analyzed using Structural Equation Modeling–Partial Least Square (SEM-PLS) on SmartPLS. The results demonstrate that JTO effectiveness has a positive and significant impact on driver compliance (0.689) and on traffic safety (0.666); Furthermore, driver compliance significantly influences traffic safety (0.294). The PIECES Framework significantly affects both compliance (0.298) and safety (0.314), with compliance serving as a significant mediator in both pathways. The “Performance” and “efficiency” dimensions obtained the highest scores, indicating that JTO has successfully accelerated the weighing process, whereas “service” and “control” require further enhancement. The study concludes that integrating PIECES Framework with JTO operations strengthens compliance and supports safer freight transportation. It recommends the optimization of system technology, supervisory services, and consistent law enforcement to foster adaptive and data-driven transportation policies.
creator: Jati Kristianto
creator: Aang Gunawan
creator: Edhie Budi Setiawan
rights: Copyright (c) 2026 Jati Kristianto, Aang Gunawan, Edhie Budi Setiawan https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-23
publication date: 2026-05-23
volume: 7
number: 2
starting page: 1102
ending page: 1109
doi: 10.38035/dijefa.v7i2.6796

The Effect of Work Discipline, Motivation, and Organizational Culture on Employee Performance at Krisna Oleh-Oleh Khas Bali 5
type: item
description: This study aims to analyze the influence of work discipline, motivation, and organizational culture on employee performance at Krisna Oleh-Oleh Khas Bali 5. This research uses a quantitative approach with multiple linear regression analysis. The population in this study consists of all employees, with a total sample of 83 respondents determined using a saturated sampling technique. Data were collected through questionnaires and analyzed using SPSS software. The results show that simultaneously, work discipline, motivation, and organizational culture have a positive and significant effect on employee performance. Partially, work discipline and motivation have a positive and significant effect on employee performance, while organizational culture does not have a significant effect. Work discipline is identified as the most dominant variable influencing employee performance. These findings indicate that improving employee performance can be achieved through strengthening work discipline and enhancing motivation, as well as optimizing the implementation of organizational culture so that it can be more deeply internalized in employees’ work behavior.
creator: Komang Ayu Tri Astiti
creator: Kadek Rai Suwena
creator: Ni Made Suci
rights: Copyright (c) 2026 Komang Ayu Tri Astiti, Kadek Rai Suwena, Ni Made Suci https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-23
publication date: 2026-05-23
volume: 7
number: 2
starting page: 1110
ending page: 1120
doi: 10.38035/dijefa.v7i2.6738

The Effect of the Fraud Hexagon Model on Fraudulent Financial Reporting in State-Owned Enterprises
type: item
description: Fraud cases in Indonesia are largely “dominated by state-owned enterprises (SOEs), ironically, these state-owned enterprises are agents of development and drivers of national economic growth (Sari et al., 2023). The purpose of this study is to analyze the influence of the hexagon theory on detecting fraud in the financial reporting of SOEs listed on the Indonesia Stock Exchange (IDX) between 2020 and 2024. The research methodology used was a quantitative method with multiple linear regression analysis. The results of this study indicate that pressure, rationalization, and collusion have a positive effect on the risk of fraudulent financial reporting. Meanwhile, opportunity, capability and ego factors do not have a positive effect on fraudulent financial reporting. It is recommended that future research combine quantitative and qualitative methods to obtain a comprehensive picture of the measurement of the six hexagon elements that are risk factors for fraudulent financial reporting. Future research can also analyze the measurement of independent variables in more depth. Furthermore, it is recommended to find other measurements for variables that, based on the results of this study, do not have an influence on fraudulent financial reporting. The contribution of this research to companies is that companies can map the risk factors for fraudulent financial reporting so that they can take preventive measures by implementing a code of conduct. Furthermore, stakeholders should be more discerning in their response to audit opinions received by companies.
creator: Hanna Meyrani
creator: Yanuar Ramadhan
creator: Agus Munandar
creator: Endah Sri Wahyuni
rights: Copyright (c) 2026 Hanna Meyrani, Yanuar Ramadhan, Agus Munandar, Endah Sri Wahyuni https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-23
publication date: 2026-05-23
volume: 7
number: 2
starting page: 1121
ending page: 1131
doi: 10.38035/dijefa.v7i2.6709

The Effect of Transfer Pricing, Capital Intensity on Tax Avoidance with Sustainability Report as a Moderation Variable
type: item
description: Tax data shows an increasing trend in Tax avoidance, with tax target achievements of 107.15% in 2021, 115.6% in 2022, 108.8% in 2023, and 97.2% in 2024, highlighting the need to analyze factors that influence Tax avoidance. On the other hand, sustainability reporting is considered to reflect a company's commitment to transparency and social responsibility, which can reduce the tendency for Tax avoidance. This study aims to examine the effect of Transfer pricing and Capital intensity on Tax avoidance, as well as to test sustainability reporting as a moderating variable. Secondary data were collected from the financial statements and sustainability reports of 20 energy sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2024 period, with the sample selected using purposive sampling. Analysis was conducted using Moderated Regression Analysis (MRA) via SPSS. The results indicate that before moderation, Transfer pricing has a significant positive effect on Tax avoidance, but after being moderated by sustainability reporting, the effect becomes significantly negative, suggesting that sustainability reporting can curb Tax avoidance practices. Capital intensity has a significant negative effect on Tax avoidance, both before and after moderation. The interactions between Transfer pricing and Sustainability reporting, as well as between Capital intensity and Sustainability reporting, strengthen the influence of the independent variables on Tax avoidance. These findings confirm that sustainability reporting plays a strategic role in enhancing corporate transparency and accountability regarding tax obligations.
creator: Anggi Regita Cahyani
creator: Harnovinsah Harnovinsah
creator: Darmansyah Darmansyah
creator: Sri Ambarwati
creator: Syahril Djaddang
rights: Copyright (c) 2026 Anggi Regita Cahyani, Harnovinsah, Darmansyah, Sri Ambarwati, Syahril Djaddang https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-27
publication date: 2026-05-27
volume: 7
number: 2
starting page: 1132
ending page: 1142
doi: 10.38035/dijefa.v7i2.6728

The Influence of Word of Mouth, Complaint Handling, and Service Quality on Customer Loyalty at Salon Surya in Singaraja
type: item
description: Abstract: This study aims to empirically examine the effect of word of mouth, complaint handling, and service quality on customer loyalty at Salon Surya in Singaraja. This research employs a quantitative method with a cross-sectional survey technique. The population consists of customers of Salon Surya in Singaraja, with a sample of 160 respondents selected using purposive sampling. Data were collected through questionnaires using a Likert scale and analyzed using multiple linear regression. The findings indicate that word of mouth, complaint handling, and service quality have a significant effect on customer loyalty, both partially and simultaneously, with service quality emerging as the most dominant variable in enhancing customer loyalty, while word of mouth and complaint handling also contribute positively. Theoretically, this study demonstrates that these three variables play important roles in enhancing customer loyalty in the beauty service industry and enriches the existing literature by emphasizing the dominance of service quality, supported by effective complaint handling and positive word of mouth. Practically, the findings provide valuable implications for the beauty service industry, particularly for Salon Surya in Singaraja, suggesting that improving service quality should be the primary strategy to enhance customer loyalty, accompanied by effective complaint handling and the encouragement of positive word of mouth to strengthen customer relationships and improve business performance. However, this study is limited to a single research location and focuses only on three independent variables, namely word of mouth, complaint handling, and service quality.
creator: Dewi Aryanti
creator: Putu Indah Rahmawati
creator: Made Ary Meitriana
rights: Copyright (c) 2026 Dewi Aryanti, Putu Indah Rahmawati, Made Ary Meitriana https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-28
publication date: 2026-05-28
volume: 7
number: 2
starting page: 1143
ending page: 1151
doi: 10.38035/dijefa.v7i2.6737

Integrating STP and Marketing Mix (4P) for Effective Storytelling Content Development for the Avoskin’s Brand on Instagram
type: item
description: Technological developments demand a more personalized marketing approach for Generation Z. Creating Storytelling Content on Instagram is an effective strategy for building emotional bonds, but its success depends heavily on the alignment of Segmenting, Targeting, Positioning (STP) and Marketing Mix (4P) strategies with audience preferences to prevent message gaps. Therefore, this study aims to determine the relationship between STP and Marketing Mix on the creation of Storytelling Content on Avoskin’s's Instagram social media. This study uses a quantitative approach with a data collection method through the distribution of online questionnaires to 105 respondents who are Avoskin’s's Instagram followers. Sampling was carried out using a purposive sampling technique. The collected data were then analyzed using descriptive statistical analysis methods and multiple linear regression with the help of IBM SPSS software tools. The results of the study prove that the STP and Marketing Mix variables partially and simultaneously have a positive and significant relationship on the creation of Storytelling Content. Together, the two independent variables contribute 86.7% to Storytelling Content. In conclusion, the integration of targeted STP mapping as a narrative foundation and the implementation of the right Marketing Mix has proven to be crucial in creating digital marketing content that is adaptive, interactive, and relevant to the target market.
creator: Ayu Apriana
creator: Sampurno Wibowo
creator: Leni Cahyani
rights: Copyright (c) 2026 Ayu Apriana, Sampurno Wibowo, Leni Cahyani https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-05-28
publication date: 2026-05-28
volume: 7
number: 2
starting page: 1152
ending page: 1164
doi: 10.38035/dijefa.v7i2.6739

The Role of Customer Satisfaction in Mediating the Effect of Service Quality and Trust on Customer Loyalty at LPD Tanjung Benoa
type: item
description: This study aims to analyze the role of customer satisfaction in mediating the influence of service quality and trust on customer loyalty at LPD Tanjung Benoa. The phenomenon of declining customer numbers and decreasing levels of customer satisfaction formed the basis for conducting this research. Customer loyalty is an important factor for the sustainability of financial institutions; therefore, service quality and trust need to be improved in order to create sustainable customer satisfaction. This study employed a quantitative approach with an explanatory research design. The population consisted of all loan and deposit customers of LPD Tanjung Benoa, totaling 1,242 customers. The sampling technique used was probability sampling with a simple random sampling method, resulting in a sample of 160 respondents. Data were collected through the distribution of questionnaires using a Likert scale. The data analysis technique used was Structural Equation Modeling based on Partial Least Square (PLS-SEM). The results showed that service quality has a positive and significant effect on customer loyalty, trust has a positive and significant effect on customer loyalty, and customer satisfaction has a positive and significant effect on customer loyalty. In addition, service quality and trust were also proven to have a positive and significant effect on customer satisfaction. Customer satisfaction was able to mediate the influence of service quality on customer loyalty and also mediate the influence of trust on customer loyalty at LPD Tanjung Benoa.
creator: Mensen Mone Hae
creator: Ni Luh Wayan Sayang Telagawathi
creator: Ni Made Ary Widiastini
rights: Copyright (c) 2026 Mensen Mone Hae, Ni Luh Wayan Sayang Telagawathi, Ni Made Ary Widiastini https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-01
publication date: 2026-06-01
volume: 7
number: 2
starting page: 1165
ending page: 1178
doi: 10.38035/dijefa.v7i2.6773

The Influence of Green Economy Policies on Company Marketing Strategies in Indonesia
type: item
description: This study examines the influence of green economic policies on the marketing strategies of companies in Indonesia. Using a qualitative approach, the study analyzes how different types of green economic policies influence the innovation strategies of manufacturing companies, identifies factors that facilitate or hinder the adoption of sustainable business practices, and evaluates the effectiveness of these policies in encouraging innovation. The results show that policies that combine regulation with economic incentives are most effective in stimulating sustainable innovation. Companies respond by increasing investment in clean technologies, adopting eco-design approaches, and even changing their business models. The effectiveness of these policies varies depending on company size, with SMEs facing greater challenges in adapting. The study also reveals the critical role of digital technologies in accelerating sustainable innovation, despite raising concerns about the digital divide. Key challenges identified include the risk of carbon leakage and the need for international policy coordination. The study concludes that while green economy policies have significant potential to drive the transformation of the manufacturing sector towards more sustainable practices, their implementation requires a cautious approach tailored to specific contexts. Recommendations include developing specific support programs for SMEs, enhancing international cooperation, and investing in education and infrastructure to support the transition to a green economy.
creator: Seno Sudarmono Hadi
rights: Copyright (c) 2026 Seno Sudarmono Hadi https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-02
publication date: 2026-06-02
volume: 7
number: 2
starting page: 1179
ending page: 1188
doi: 10.38035/dijefa.v7i2.6745

A Systematic Review of How Usability and Accessibility Drive Satisfaction in Next-Gen E-Government
type: item
description: This study discusses user satisfaction in e-government service using the framework of communication theory, specifically the usability-accessibility standard and the Technology Acceptance Model (TAM). The primary aim is to analyze how usability and accessibility affect user satisfaction on various e-government platforms. This will be based on communications and information system theories. The study does not formulate a strict hypothesis but would be open to well-considered systems that are well-correlated with citizen satisfaction. A systematic literature review (SLR) was conducted, combining 54 peer-reviewed papers from 2008 to 2024. Utilizing PRISMA guidelines, articles were chosen and analyzed thematically within six research questions (RQ1–RQ6). Methods employed were qualitative and quantitative, including questionnaires, usability testing, and model-based measurement (e.g., TAM, DeLone & McLean IS Success Model) as the primary framework of analysis. Results show that usability (32 studies) and accessibility (in 32 combined cases) are standard drivers of satisfaction, particularly in Government-to-Citizen (G2C) services, which made up 85% of the articles. Technical limitations, poor interface design, and infrastructural deficiency were the most cited hindrances. The findings validate TAM's explanatory power and coincide with previous communication-oriented usability models, such as ISO 9241. Though user-centered design is cited most, it’s not examined as a distinct variable for accessibility in this review. This review concludes that e-government user satisfaction is defined by a combination of technical, design, and communication variables. Future research must concentrate on accessibility as a standalone measure and broaden research on Government-to-Government (G2G) services to gain a comprehensive understanding.
creator: Mohammad Bintang Progresto
creator: Muhammad Rifqi Arviansyah
rights: Copyright (c) 2026 Mohammad Bintang Progresto, Muhammad Rifqi Arviansyah https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-05
publication date: 2026-06-05
volume: 7
number: 2
starting page: 1189
ending page: 1207
doi: 10.38035/dijefa.v7i2.6822

A Literature Study on Cultural Digitalization in Efforts to Enhance Product Value and National Image in the Creative Industry
type: item
description: The study ains to examine how cultural digitalization is implemented within the creative industry sector and whether it contributes to enhancing product value and national image. This research employs a literature review method by analyzing 34 relevant articles obtained from Google Scholar, DOAJ, SINTA portal, and other academic scientific databases using the keywords “cultural digitalization,” “digital transformation,” “creative industry,” “national image,” and “product value.” Although numerous studies have discussed cultural digitalization within the creative industry context, a significant gap remains. Specifically, there is no clearly integrated model that systematically links the stages of cultural digitalization to improvements in product value and national image. Therefore, this study proposes an integrated model approach consisting of five stages of cultural digitalization: digital data collection, cultural adaptation into digital platforms, creative marketing strategies, global self-image positioning strategies, and sustainable digital transformation. The findings suggest that integrating these stages into a comprehensive framework connects previous research outcomes, particularly in explaining the relationship between digital transformation, product value enhancement, and national image development. Future research is expected to further develop a sustainable cultural digitalization implementation model and conduct empirical analyses across creative industry subsectors to strengthen economic value and national image.
creator: Osin Marjelina Leho
creator: Ni Made Ary Widiastini
creator: Ni Nyoman Yulianthini
rights: Copyright (c) 2026 Osin Marjelina Leho, Ni Made Ary Widiastini, Ni Nyoman Yulianthini https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-05
publication date: 2026-06-05
volume: 7
number: 2
starting page: 1208
ending page: 1222
doi: 10.38035/dijefa.v7i2.6777

Blue Ocean Strategy in Healthy Bakeries in Bali
type: item
description: This study aims to analyze the implementation of the Blue Ocean Strategy in healthy bakeries in Bali in creating new market spaces and sustainable competitive advantages. The research employed a qualitative approach using a case study method at Oka’s Bakery & Cafe, Finnfit Bakery, and Bali Buda. The findings reveal that the three bakeries successfully established new market spaces grounded in the healthy lifestyle trend through value innovation, product differentiation, and enhanced customer experience. Finnfit Bakery demonstrated the strongest strategy in developing a niche market based on the concept of a fitness-oriented bakery, while Bali Buda excelled in emotional branding and sustainability practices. Oka’s Bakery illustrated a transformation process from a conventional bakery into a health-oriented bakery business. The study further indicates that value innovation occurs not only at the product level but also within the dimensions of consumption experience and the lifestyle meanings offered to customers. The competitive advantages possessed by healthy bakeries in Bali are characterized as valuable, rare, inimitable, and non-substitutable.
creator: Dewa Ayu Iva Kayana Putri
rights: Copyright (c) 2026 Dewa Ayu Iva Kayana Putri https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-06
publication date: 2026-06-06
volume: 7
number: 2
starting page: 1223
ending page: 1229
doi: 10.38035/dijefa.v7i2.6808

Determination of Women's Skincare Product Purchase Decisions: The Role of Halal Labels, Lifestyle, and Brand Awareness
type: item
description: This study aims to determine the role of halal labels, lifestyle, and brand awareness on women's skincare product purchasing decisions in Tangerang City. The object of the study focused on consumer behavior, where skincare products were used as the context, with Wardah being the most frequently chosen brand by respondents. This study used a quantitative approach with a purposive sampling technique. The sample size was 100 respondents with an age range of 15 to 54 years. Data collection was carried out through a questionnaire with a Likert scale. Data analysis using SPSS version 25 included descriptive statistical analysis, validity and reliability tests, classical assumption tests, regression tests, correlation tests, coefficient of determination tests, and hypothesis tests. The results showed that partially halal labels, lifestyle, and brand awareness had a positive and significant effect on purchasing decisions. Simultaneously, these three variables also had a positive and significant effect on purchasing decisions. The coefficient of determination value of 0.597 indicated that halal labels, lifestyle, and brand awareness were able to explain purchasing decisions by 59.7%, and the remaining 40.3% was influenced by other factors outside this study. This study shows that clarity of halal labels, lifestyle compatibility, and brand awareness play a significant role in driving skincare product purchasing decisions. Limitations of this study lie in the combination of variables used and the focus on female skincare consumers in Tangerang City. The results are expected to inform business owners' considerations in developing more effective marketing strategies.
creator: Farhandika Rahid Firmansyah
creator: Humairoh Humairoh
rights: Copyright (c) 2026 Farhandika Rahid Firmansyah, Humairoh https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-06
publication date: 2026-06-06
volume: 7
number: 2
starting page: 1230
ending page: 1239
doi: 10.38035/dijefa.v7i2.6804

The Influence of Big 4 Audit Firms and Audit Fees on the Communication of Key Audit Matters with the Moderating Role of Audit Committee Financial Expertise
type: item
description: This study examines the effect of Big 4 audit firms and audit fees on the communication of Key Audit Matters, with audit committee financial expertise as a moderating variable. The study was conducted on companies listed on the Indonesia Stock Exchange during 2022–2024. This research uses a purposive sampling method, resulting in a sample of 501 companies from a population of 930, with a total of 1,503 observations. The analytical method used is negative binomial regression. The results of this study show that Big 4 audit firms have a significant positive effect on both the number of issues and number of words in KAMs. Audit fees do not have a significant effect on the number of KAMs issues but have a significant negative effect on the number of KAMs words. In addition, audit committee financial expertise is able to strengthen the relationship between Big 4 audit firms and both the number of issues and the number of words in KAMs. Conversely, it is not able to moderate the relationship between audit fees and both the number of issues and words in KAMs.
creator: Adillah Abir Syofnita
creator: Annisaa Rahman
rights: Copyright (c) 2026 Adillah Abir Syofnita, Annisaa Rahman https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-06
publication date: 2026-06-06
volume: 7
number: 2
starting page: 1240
ending page: 1254
doi: 10.38035/dijefa.v7i2.6795

The Impact of Key Audit Matter Disclosures on Audit Report Lag in Indonesia
type: item
description: Timely audited financial reporting is essential for maintaining the relevance of accounting information and reducing information asymmetry among stakeholders. Following the implementation of SA 701, Key Audit Matter (KAM) disclosures have become an important component of auditor reporting that may influence audit completion time. This study examines whether KAM disclosure characteristics affect Audit Report Lag (ARL) among non-financial firms listed on the Indonesia Stock Exchange during 2022–2024.This study employs panel data regression using 771 firm-year observations from 257 firms in the consumer cyclicals, property and real estate, and energy sectors. The results show that the number of KAMs has no significant effect on ARL. By contrast, the length of KAM disclosure is negatively affect ARL. In addition, firm size, profitability, leverage, and audit opinion do not significantly affect ARL. These findings imply that the length of KAM disclosure, rather than its quantity, is more relevant in explaining audit timeliness in Indonesia.
creator: Syarifah Nailul Azkia
creator: Dini Rosdini
creator: Citra Sukmadilaga
rights: Copyright (c) 2026 Syarifah Nailul Azkia, Dini Rosdini, Citra Sukmadilaga https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-06
publication date: 2026-06-06
volume: 7
number: 2
starting page: 1255
ending page: 1264
doi: 10.38035/dijefa.v7i2.6800

The Effect of ESG Performance on Audit Report Lag: The Moderating Role of Audit Firm Size
type: item
description: This study examines the effect of Environmental, Social, and Governance (ESG) performance on audit report lag (ARL) with audit firm size as a moderating variable. The study employs a quantitative approach using panel data from manufacturing companies listed on the Indonesia Stock Exchange during the 2019–2024 period. Data were analyzed using panel regression with the Random Effect Model (REM). The results indicate that the governance score has a significant negative effect on audit report lag, while the environment score and social score do not show significant effects. Furthermore, audit firm size only moderates the relationship between social score and audit report lag, whereas no moderating effect is found for the environmental and governance dimensions. These findings suggest that auditors place greater emphasis on governance quality than on environmental and social disclosures in assessing audit risk and audit efficiency. This study contributes to the literature on ESG and audit timeliness in emerging markets and provides practical implications for companies, auditors, and regulators regarding the importance of governance quality and ESG integration in improving financial reporting timeliness.
creator: Anisa Eka Askiantari
creator: Abdul Rohman
rights: Copyright (c) 2026 Anisa Eka Askiantari, Abdul Rohman https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-06
publication date: 2026-06-06
volume: 7
number: 2
starting page: 1265
ending page: 1273
doi: 10.38035/dijefa.v7i2.6799

The Influence of Socioeconomic Factors in Improving VAT Compliance and Moderated by Tax Knowledge (A Study on MSMEs in Southwest Sumba Regency, East Nusa Tenggara)
type: item
description: This study aims to analyze the influence of socio-economic factors on Value Added Tax (VAT) compliance among MSMEs in Southwest Sumba Regency, East Nusa Tenggara Province, Indonesia, with tax knowledge as a moderating variable. The study employs an associative quantitative approach using the Structural Equation Modeling–Partial Least Square (SEM-PLS) method. The sample consists of 307 MSMEs selected through a simple random sampling technique. The results indicate that tax rule complexity, tax sanctions, detection probability, tax ethics, tax fairness, and perceptions of government spending have a positive effect on VAT compliance, while tax service quality does not have a significant effect. The tax knowledge variable only moderates the relationship between tax ethics and VAT compliance in a weakening direction and does not moderate the relationships between the other variables. Overall, VAT compliance is more influenced by structural factors, moral considerations, and perceptions of tax benefits rather than the level of taxpayer knowledge. These findings highlight the importance of strengthening government spending transparency, enforcing tax regulations, and enhancing tax education to improve sustainable MSME compliance.
creator: Agustina Koni Loda
creator: Ni Kadek Sinarwati
creator: Made Aristia Prayudi
rights: Copyright (c) 2026 Agustina Koni Loda, Ni Kadek Sinarwati, Made Aristia Prayudi https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-11
publication date: 2026-06-11
volume: 7
number: 2
starting page: 1274
ending page: 1285
doi: 10.38035/dijefa.v7i2.6734

The Influence of Administrative Practices and Service Quality on Patient Loyalty Mediated by Patient Satisfaction
type: item
description: Acquiring new patients and retaining existing patients is a challenge for healthcare institutions due to competition in the healthcare industry. This study aims to analyze the influence of administrative practices and service quality on patient loyalty through patient satisfaction as the mediator. The study population was patients at Pelabuhan Hospital Palembang. A total of 156 patients became the research respondents. Purposive sampling technique was chosen as the method of obtaining the research sample. Data collection was carried out using Google Forms. Data analysis methods used were PLS SEM and importance performance map analysis. The results of the study did not indicate any influence of administrative practices on patient loyalty, but administrative practices had a positive effect on patient satisfaction. Service quality was found to have a positive effect on patient satisfaction and also patient loyalty. Patient satisfaction was found to have a positive effect on patient loyalty. Patient satisfaction fully mediated the effect of administrative practices on patient loyalty. Patient satisfaction partially mediated the effect of service quality on patient loyalty. Service quality and patient satisfaction are factors that must be considered to maintain patient loyalty. Further research can be conducted on other patients at other hospitals around Palembang, conducted longitudinally, and using a combination of qualitative and quantitative methods to enrich the research results.
creator: Sylvia Agestie
creator: Rizqi Athalia
creator: Thalia Puteri Oktariana
creator: Maria Nainggolan H
rights: Copyright (c) 2026 Sylvia Agestie, Rizqi Athalia, Thalia Puteri Oktariana, Maria Nainggolan H https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-11
publication date: 2026-06-11
volume: 7
number: 2
starting page: 1286
ending page: 1295
doi: 10.38035/dijefa.v7i2.6849

Implementation and Role of the Productive Waqf Incubation Program (IWP) of the Ministry of Religious Affairs of the Republic of Indonesia in the Development of Nazhir Entrepreneurship
type: item
description: This study examines the implementation and role of the Productive Waqf Incubation Program (IWP) of the Ministry of Religious Affairs of the Republic of Indonesia in developing nazhir entrepreneurship. The study is motivated by the large potential of waqf in Indonesia that has not yet been fully managed productively, since many waqf assets are still used for direct worship purposes and have not been directed toward sustainable socio-economic activities. This research aims to analyze the implementation of IWP, its role in strengthening the entrepreneurial capacity of nazhir, and its impact on local economic development and community welfare. This study uses a qualitative method with a descriptive approach. Data were obtained through observation of productive waqf practices, interviews with the Directorate of Zakat and Waqf Empowerment and nazhir who received the program, and documentation studies of regulations, reports, and related literature. The findings show that IWP is implemented through asset mapping, administrative and field verification, business feasibility assessment, nazhir training and certification, capital assistance distribution, mentoring, monitoring, evaluation, and business development. The program transforms nazhir from administrative managers into social entrepreneurship actors who are able to develop waqf assets productively, professionally, and accountably. This study concludes that IWP can serve as a sustainable productive waqf development model in Indonesia and can be replicated according to each region's local potential in a more adaptive, measurable, collaborative, inclusive, and public-benefit-oriented manner.
creator: Yessy Septrimadona
creator: Nur Azwani bt Mansor
creator: Siti Aisyah Adelina
creator: Julina Julina
rights: Copyright (c) 2026 Yessy Septrimadona, Nur Azwani bt Mansor, Siti Aisyah Adelina , Julina https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-11
publication date: 2026-06-11
volume: 7
number: 2
starting page: 1296
ending page: 1307
doi: 10.38035/dijefa.v7i2.6837

Baktiseraga Village Governance as a Best Practice of Good Governance in Buleleng Regency
type: item
description: This study aims to comprehensively explore the implementation of good governance principles and identify the enablers and barriers of governance capacity in Baktiseraga Village, Buleleng Regency. Amidst the widespread phenomenon of village fund misallocation at the local level, Baktiseraga Village emerges as a high-performing entity that warrants deep investigation. By integrating Stakeholder Theory to analyze the Pentahelix actors and the Governance Capacity Framework (GCF) for systemic dimensions, this qualitative study employs an in-depth case study design. Data were gathered through semi-structured interviews with 15 key informants, non-participant observations, and documentation studies, which were then analyzed using an interactive model consisting of data reduction, data display, and conclusion drawing. The GCF scoring results demonstrate that Baktiseraga Village has successfully achieved a highly optimal transformative capacity level (score ++) in granular information transparency, inclusive accountability, and organic public participation with zero transaction costs by revitalizing the cultural value of ngayah. However, administrative gaps in formal authority and the institutionalization of innovation that remains person-centric pose potential barriers. This study concludes that the governance model of Baktiseraga Village represents a valid best practice in local public administration, offering a strategic recommendation to codify these innovations into Village Regulations.
creator: Kadek Dwinda Yudha Pratama
creator: Putu Indah Rahmawati
creator: Komang Krisna Heryanda
rights: Copyright (c) 2026 Kadek Dwinda Yudha Pratama, Putu Indah Rahmawati, Komang Krisna Heryanda https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-11
publication date: 2026-06-11
volume: 7
number: 2
starting page: 1308
ending page: 1318
doi: 10.38035/dijefa.v7i2.6716

Business Development Strategy Using Swot Analysis in an Effort to Improve Competitiveness at UD Sinar Terang
type: item
description: This study aims to formulate business development strategies to enhance competitiveness at UD Sinar Terang using SWOT analysis. The research employs a descriptive qualitative method, with data collected through interviews, observations, and documentation. The informants include the business owner, employees, suppliers, and customers. The results indicate that UD Sinar Terang's main strengths lie in friendly service, honesty, competitive pricing, product completeness, and strong relationships with customers and suppliers. However, weaknesses include manual recording systems, dependence on the owner, and potential operational errors. From an external perspective, opportunities include increasing construction activities, partnerships with contractors, and digital marketing potential. Meanwhile, threats mainly arise from intense price competition and the presence of numerous competitors. Based on IFAS and EFAS analysis, UD Sinar Terang is positioned in Quadrant I (Strength–Opportunity), indicating an aggressive strategy. Therefore, the recommended strategy is to leverage internal strengths to seize external opportunities, such as improving service quality, expanding market reach, and modernizing operational systems.
creator: Rohimah Sirri
creator: Sonja Andarini
rights: Copyright (c) 2026 Rohimah Sirri, Sonja Andarini https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-11
publication date: 2026-06-11
volume: 7
number: 2
starting page: 1319
ending page: 1327
doi: 10.38035/dijefa.v7i2.6802

What is Client Satisfaction a Mediating Variable between Promotion, Quality of Service, and Client Trust in the Decision to Use Tax Consultant Services
type: item
description: This study aims to analyze the influence of promotion, service quality, and client trust on the decision to use the services of a tax consultant, with client satisfaction as a mediating variable in the Tax Novena in Tangerang City. This study uses a quantitative method with data collection techniques through the distribution of questionnaires to Novena Tax clients. The data analysis technique used is Structural Equation Modeling (SEM) based on Partial Least Squares (PLS) with the help of the SmartPLS application. The results of the study show that promotion and client trust have a positive and significant effect on client satisfaction, but the quality of service does not affect client satisfaction. In addition, promotion, service quality, and client trust have a positive and significant effect on the decision to use the services of a tax consultant, while satisfaction has a significant negative effect. The results of the indirect effect test showed that client satisfaction was not able to mediate the influence of promotion, service quality, and client trust on the decision to use the services of a tax consultant at the Tax Novena in Tangerang City. Based on the results of the study, Novena Pajak is advised to improve its promotional strategy by maintaining service quality and client trust in order to improve decisions to use tax consultant services.
creator: Revilia Sanusi
creator: Humairoh Humairoh
rights: Copyright (c) 2026 Revilia Sanusi, Humairoh https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-13
publication date: 2026-06-13
volume: 7
number: 2
starting page: 1328
ending page: 1342
doi: 10.38035/dijefa.v7i2.6857

Analysis of the Impact of Profitability on Stock Returns for Banking Companies Listed on the Indonesia Stock Exchange, 2020–2024
type: item
description: This study aims to analyze the effect of profitability ratios on stock returns for banking companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. The independent variables used are Return on Assets (ROA), Return on Equity (ROE), Gross Profit Margin (GPM), Operating Profit Margin (OPM), and Net Profit Margin (NPM), while the dependent variable is stock returns. The research method used is a quantitative approach with multiple linear regression analysis. The results indicate that, collectively, all five profitability ratios significantly influence stock returns (R² = 0.710). Individually, ROE, GPM, and NPM have a significant positive effect, while ROA and OPM do not have a significant effect. NPM is the most dominant variable influencing stock returns. These findings indicate that profitability, particularly net profit and return on equity, is a key factor in attracting investor interest in the banking sector.
creator: Metania Lestari Alifiana
creator: Ade Adriani
creator: Rahma Yuliani
rights: Copyright (c) 2026 Metania Lestari Alifiana, Ade Adriani, Rahma Yuliani https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-13
publication date: 2026-06-13
volume: 7
number: 2
starting page: 1343
ending page: 1354
doi: 10.38035/dijefa.v7i2.6854

Revitalization of Musyarakah Financing in BMT (Baitul Maal wat Tamwil)
type: item
description: Musyarakah financing at Baitul Mal wat Tamwil (BMT) still faces a gap between product availability and effective implementation. This study aims to analyze the management of musyarakah financing and formulate its revitalization strategy at BMT UGT Capem Genteng, Banyuwangi. The study employs a qualitative approach with a single case study design. Data were collected through in-depth interviews with three key informants (branch head, head of financing department, and SME member) and direct observation. Data analysis used the interactive model of Miles, Huberman, and Saldaña. Findings indicate that musyarakah is in a state of administrative availability without effective realization. The main barriers are structurally twofold: from the members’ side (preference for fixed installments and mixed productive-consumptive use of funds) and from the institutional side (absence of business bookkeeping, moral hazard, technological limitations, and weak human resource competency). This study formulates the Four Pillar Revitalization Model (MR4P) encompassing education and hybrid musyarakah product innovation, strengthening of governance and risk management, digital technology optimization, and HR capacity building based on maqashid syariah values.
creator: Muhamad Fajar Bayu Pratama
creator: Wiwit Mustafidah
rights: Copyright (c) 2026 Muhamad Fajar Bayu Pratama, Wiwit Mustafidah https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-13
publication date: 2026-06-13
volume: 7
number: 2
starting page: 1355
ending page: 1365
doi: 10.38035/dijefa.v7i2.6844

A Study on Financial Management among Generation Z in Malang City
type: item
description: This research analyzes the effect of financial literacy, hedonic lifestyle, and fear of missing out (FOMO) on the financial management behavior of Generation Z in Malang City by involving locus of control as an intervening variable. The study applied a quantitative explanatory design using the Partial Least Squares Structural Equation Modeling (PLS-SEM) technique with 385 respondents aged 18–27 years. The findings reveal that financial literacy does not significantly influence financial management behavior or locus of control. In contrast, hedonic lifestyle and FOMO demonstrate a significant relationship with locus of control, although FOMO does not directly affect financial management behavior. The results further indicate that locus of control positively contributes to financial management behavior and acts as a mediating variable in the relationship between hedonic lifestyle, FOMO, and financial management behavior. This study concludes that financial management behavior among Generation Z in the digital era is shaped not only by financial understanding, but also by psychological and social influences.
creator: Trianita Diana Turosida
creator: Endang Sri Andayani
creator: Satia Nur Maharani
rights: Copyright (c) 2026 Trianita Diana Turosida, Endang Sri Andayani, Satia Nur Maharani https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-14
publication date: 2026-06-14
volume: 7
number: 2
starting page: 1366
ending page: 1383
doi: 10.38035/dijefa.v7i2.6860

Forecast-Driven Spare-Parts Inventory Control in Coal-Mining Operations: An Integrated Operational–Financial Framework
type: item
description: Coal-mining contractors face challenges in maintaining equipment availability while controlling spare-parts inventory costs. This study examines how PT Geobara Energy, a coal-mining contractor in Muara Enim, South Sumatra, can reduce critical spare-parts stockout exposure through an integrated forecasting and continuous-review inventory policy. Using operational and inventory data from 2023–2025, the study applies ABC classification, demand-pattern screening, item-specific forecasting selection, and EOQ–ROP–Safety Stock analysis. The results show that only 11 of 16 high-value spare parts were suitable for quantitative forecasting. Simpler forecasting methods, particularly Single Exponential Smoothing and Trend Analysis, outperformed complex seasonal models. The proposed EOQ-based policy reduced annual inventory cost from Rp124,291,519 to Rp49,375,014, representing a 60.3% reduction while maintaining replenishment protection for critical spare parts. The findings suggest that spare-parts inventory control should be managed as an integrated operational–financial governance system rather than merely as a warehouse activity.
creator: Muhammad Candany
creator: Liane Okdinawati
rights: Copyright (c) 2026 Muhammad Candany, Liane Okdinawati https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-14
publication date: 2026-06-14
volume: 7
number: 2
starting page: 1384
ending page: 1399
doi: 10.38035/dijefa.v7i2.6858

Evaluating The Impact of Viral Marketing Elements in TV Ads on Brand Awareness in Indonesia’s Dairy Industry
type: item
description: This study examines the effectiveness of television advertising in increasing brand awareness for dairy products within the Fast-Moving Consumer Goods (FMCG) sector in Indonesia. Even in today’s digital advertising era, television remains a crucial part of advertising strategies, particularly among traditional audiences who continue to rely on conventional TV channels. By examining several elements of viral marketing, such as credibility, entertainment, informativeness, and irritation, this study analyzes how consumer perceptions of TV advertising influence brand awareness. The analysis using a structural modeling approach indicates that the model exhibits good convergent and discriminant validity, with all indicators having outer loadings above 0.7 and construct reliability, as indicated by Composite Reliability values above 0.7. Adjusted R-squared indicates that the model adequately explains 50.5% of the variance in Ad Value (AV) and 57.9% in Brand Awareness (BA). Hypothesis testing indicates that credibility and entertainment significantly impact Ad Value, which in turn influences Brand Awareness. However, informativeness and irritation were found to have no significant effect. These findings highlight the importance of credibility and entertainment in driving brand awareness among dairy consumers and reinforce the role of television advertising as a still influential communication medium in the Indonesian market.
creator: Grace Thio Tryphena
creator: Afdelia Novianti
creator: Agystiara Maharani
creator: Faranita Mustikasari
rights: Copyright (c) 2026 Grace Thio Tryphena, Afdelia Novianti, Agystiara Maharani, Faranita Mustikasari https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-15
publication date: 2026-06-15
volume: 7
number: 2
starting page: 1400
ending page: 1419
doi: 10.38035/dijefa.v7i2.6839

Determining Factors in Handling Incidents Impacting Business Continuity in LRT Jabodebek Division
type: item
description: Operational continuity is crucial for rail-based public transportation systems because of their complexity and interconnection. This study assesses the coherence of Business Continuity Management/Business Continuity Plan (BCM/BCP) components and identifies key criteria for the establishment of BCM/BCP in the LRT Jabodebek Division of PT Kereta Api Indonesia (Persero). A mixed-methods approach was utilized, integrating document analysis, in-depth interviews, Focus Group Discussions (FGDs), and the Analytical Hierarchy Process (AHP). The results demonstrate that current BCM/BCP-related papers have not been cohesively integrated and are deficient in essential continuity components, such as Business Impact Analysis (BIA), Recovery Time Objectives (RTOs), and quantifiable continuity metrics. The AHP results indicate that Human Resources is the predominant criterion (41%), succeeded by Systems and Technology (25%), Infrastructure (15%), External Factors (11%), and Operations (7%). The Integrated Business Impact Analysis (BIA) has been identified as the foremost strategic choice. These findings underscore the significance of organizational preparedness, continuity governance, and human-centered resilience in sustaining operational continuity within highly automated railway systems.
creator: Diahayu Nugrahaning Widhi
creator: Tanti Novianti
creator: Aruddy Aruddy
rights: Copyright (c) 2026 Diahayu Nugrahaning Widhi, Tanti Novianti, Aruddy https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-19
publication date: 2026-06-19
volume: 7
number: 2
starting page: 1420
ending page: 1433
doi: 10.38035/dijefa.v7i2.6870

The Effect of Professional Skepticism, Independence and Auditor Ethics on Fraud Prevention by Moderating Audit Quality (Study at Public Accountant Firm Jojo Sunarjo and Partners)
type: item
description: The purpose of this research is to determine the influence of Professional Skepticism, Independence, and Auditor Ethics on Fraud Prevention moderated by Audit Quality. The research method used is a quantitative research approach. The data for this research was obtained from the distribution of questionnaires to all JS & R Public Accountant Offices, totaling 100 Auditor respondents. The analysis technique used was PLS SEM version 4. Based on the research results, it is stated that Professional Skepticism has a positive and significant effect on Fraud Prevention with a path coefficient value of 0.307 and a p-value of 0.018. Independence has a positive and significant effect on Fraud Prevention with a path coefficient value of 0.238 and a p-value of 0.013. Auditor Ethics has a significant positive effect on Fraud Prevention with a path coefficient value of 0.256 and a p-value of 0.002. Audit Quality moderates the effect of Professional Skepticism on Fraud Prevention with a path coefficient value of 0.286 and a p-value of 0.004. Audit Quality moderates the effect of Independence on Fraud Prevention with a path coefficient value of -0.304 and a p-value of 0.025. Audit Quality does not moderate the effect of Auditor Ethics on Fraud Prevention with a path coefficient value of 0.028 and a p-value of 0.374.
creator: Hary Aprianto
creator: Basyiruddin Nur
creator: Karsam Karsam
rights: Copyright (c) 2026 Hary Aprianto, Basyiruddin Nur, Karsam https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-19
publication date: 2026-06-19
volume: 7
number: 2
starting page: 1434
ending page: 1448
doi: 10.38035/dijefa.v7i2.6866

Digital Financial Transparency in Local Governments: The Role of Leverage, Dependency, and Fiscal Independence
type: item
description: This study examines the influence of leverage, regional dependency, and regional independence on the disclosure of local government financial statements through internet-based reporting. The research employs a quantitative method with a causal approach using secondary data obtained from the financial statements of local governments in Kalimantan for the fiscal years 2018–2022. The sample was selected using purposive sampling, resulting in 30 observations. Data were analyzed using multiple linear regression analysis after passing classical assumption tests, including normality, multicollinearity, and heteroscedasticity tests. The results indicate that leverage has a significant effect on the disclosure of local government financial statements through the internet. Regional dependency, however, does not significantly affect financial disclosure. Meanwhile, regional independence shows a significant positive effect on the disclosure of financial statements. These findings suggest that the financial characteristics of local governments, particularly leverage and fiscal independence, play an important role in encouraging transparency and accountability in internet-based financial reporting. The coefficient of determination shows that the independent variables explain 34.4% of the variation in financial disclosure, while the remaining variation is influenced by other factors not included in this study. This study highlights the importance of strengthening financial independence and improving financial management practices to enhance transparency in local government financial reporting.
creator: Ready Wicaksono
creator: Dwi Cahyo Utomo
creator: Abdul Rohman
rights: Copyright (c) 2026 Ready Wicaksono, Dwi Cahyo Utomo, Abdul Rohman https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-19
publication date: 2026-06-19
volume: 7
number: 2
starting page: 1449
ending page: 1459
doi: 10.38035/dijefa.v7i2.6867

Does ESG Matter across the CLC? Evidence from Trade Credit in ASEAN Non Cyclical Firms
type: item
description: Trade credit financing is an important source of short-term financing. Previous studies suggest that firms’ financing behavior may vary across corporate life cycle stages, while environmental, social, and governance performance may function as a signal of credibility and reduce information asymmetry between firms and suppliers. This study aims to examine the effect of CLC on TCF and to test whether ESG performance moderates this relationship. It was hypothesized that CLC stages affect TCF and that ESG performance strengthens the relationship between CLC and TCF. This study used panel data from non-cyclical listed firms in ASEAN during the 2016–2024 period. CLC was classified based on cash flow patterns, while TCF was measured using accounts receivable, accounts payable, and net trade credit as an alternative proxy. ESG performance was measured using ESG scores. Panel regression analysis was conducted after model selection tests, including Chow, Lagrange multiplier, and Hausman tests. Firm-level control variables were also included. The findings indicate that CLC and ESG performance do not have a consistent direct effect on accounts receivable, accounts payable, or net trade credit. However, the moderating effect of ESG performance is found to be significant in specific life cycle stages. In the main model, the interaction between decline stage and ESG performance shows a positive and significant effect on accounts payable. In the alternative model using net trade credit, the interaction effects are negative and significant in the introduction and decline stages. The results suggest that ESG performance does not uniformly increase TCF, but its role depends on the firm’s life cycle stage and the trade credit proxy used. These findings support the view that trade credit decisions are shaped by firm-specific conditions, credibility signals, and financing needs rather than by life cycle or ESG performance alone.
creator: Ellen Chaecaria Setio
creator: Permata Wulandari
rights: Copyright (c) 2026 Ellen Chaecaria Setio, Permata Wulandari https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-19
publication date: 2026-06-19
volume: 7
number: 2
starting page: 1460
ending page: 1467
doi: 10.38035/dijefa.v7i2.6843

Detecting Financial Statement Fraud in Public Sector Institutions: Insights from Internal Auditors in Law Enforcement Organizations
type: item
description: This study aims to explore the role of auditors in detecting fraudulent financial statements within police agencies, particularly at the Regional Police (POLDA) level. Using a qualitative approach with an interpretive paradigm and phenomenological methods, this study examines the experiences of internal auditors from the Regional Supervisory Inspectorate (Itwasda) in dealing with the dynamics of public sector financial oversight. Data were collected through semi-structured interviews and audit document analysis. The results indicate that the role of auditors is not limited to detection functions but also encompasses fraud prevention and response through a risk-based approach and cross-institutional collaboration. Key challenges include limited access to information, bureaucratic complexity, and potential conflicts of interest within the organizational structure. This study enriches the forensic accounting literature by presenting a contextual perspective from the public sector and reaffirms the relevance of Responsive Regulation theory in audit practice.
creator: Eko Ramadhan
creator: Tri Jatmiko
rights: Copyright (c) 2026 Eko Ramadhan, Tri Jatmiko https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-19
publication date: 2026-06-19
volume: 7
number: 2
starting page: 1468
ending page: 1475
doi: 10.38035/dijefa.v7i2.6907

The Effect of Capital Intensity and Thin Capitalization on Tax Avoidance with Company Size as a Moderator
type: item
description: Tax avoidance refers to efforts undertaken by taxpayers to legally minimize tax burdens by exploiting loopholes or weaknesses within existing tax regulations. Several factors may contribute to tax avoidance practices, including capital intensity, thin capitalization, and firm size. This study aims to analyze the effects of capital intensity and thin capitalization on tax avoidance, with firm size serving as a moderating variable, in property and real estate sector companies listed on the Indonesia Stock Exchange during the 2021–2024 period. The research employs a quantitative approach using multiple linear regression analysis and moderated regression analysis, with data processed through Stata. The sampling technique applied was purposive sampling, resulting in 180 observations derived from 45 companies. The findings indicate that capital intensity has a significant effect on tax avoidance, whereas thin capitalization does not significantly affect tax avoidance. Furthermore, firm size is proven to moderate the influence of both capital intensity and thin capitalization on tax avoidance. These findings suggest that the scale of a company may influence its tendency to utilize debt financing and fixed asset ownership as mechanisms for tax management.
creator: I Dewa Ayu Heriyanti
creator: I Made Pradana Adiputra
creator: Lucy Sri Musmini
rights: Copyright (c) 2026 I Dewa Ayu Heriyanti, I Made Pradana Adiputra, Lucy Sri Musmini https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-22
publication date: 2026-06-22
volume: 7
number: 2
starting page: 1476
ending page: 1479
doi: 10.38035/dijefa.v7i2.6869

The Influence of Service MSMEs and Service Design on Value Co-Creation through Experiential Authenticity in Tourism MSMEs
type: item
description: This research aims to analyze the influence of Service MSMEs and Service Design on Value Co-Creation through the mediating role of Experiential Authenticity in tourism MSMEs in Samosir Regency. The study employed a quantitative approach with an explanatory research design. Data were collected from 130 tourists who had interacted directly with tourism MSME services in Samosir Regency using purposive sampling techniques. Data analysis was conducted using Partial Least Squares-Structural Equation Modeling (PLS-SEM). The findings indicate that Service MSMEs have a positive and significant influence on Experiential Authenticity. In addition, Service Design was also found to positively and significantly influence Experiential Authenticity. Furthermore, Experiential Authenticity has a positive and significant influence on Value Co-Creation. The results suggest that the quality of service interactions, integration of local cultural values, and well-structured service designs contribute to the formation of authentic tourism experiences and strengthen tourists’ participation in the value creation process. This research contributes to the development of tourism marketing literature within the perspective of Service-Dominant Logic by explaining the role of authentic experiences in encouraging Value Co-Creation in tourism MSMEs.
creator: Theresia Sinurat
creator: Santi Agustina Manalu
rights: Copyright (c) 2026 Theresia Sinurat, Santi Agustina Manalu https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-22
publication date: 2026-06-22
volume: 7
number: 2
starting page: 1480
ending page: 1489
doi: 10.38035/dijefa.v7i2.6910

Analysis of MSMEs Sustainability through Competitive Business Advantage from a Service Dominant Logic Perspective
type: item
description: This study aims to analyze the effect of marketing innovation and market orientation on business sustainability from the Service-Dominant Logic (SDL) perspective. A quantitative approach was employed using a survey method involving souvenir businesses in Indonesia. Data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The results show that marketing innovation and market orientation have a positive and significant effect on business competitiveness and sustainability. In addition, business competitiveness positively influences sustainability. These findings indicate that the ability to develop innovative marketing strategies and understand market needs plays an important role in maintaining business sustainability. This study contributes to the development of the Service-Dominant Logic perspective by emphasizing value creation through marketing innovation and market orientation to support sustainable business performance.
creator: Yuli Cesima Panggabean
creator: Mariana Simanjuntak
rights: Copyright (c) 2026 Yuli Cesima Panggabean, Mariana Simanjuntak https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-22
publication date: 2026-06-22
volume: 7
number: 2
starting page: 1490
ending page: 1497
doi: 10.38035/dijefa.v7i2.6897

Rural Women’s Entrepreneurship and Local Economic Development: A Sustainable Livelihood Framework Perspective
type: item
description: This study aims to analyze the effects of livelihood capitals within the Sustainable Livelihood Framework on women’s entrepreneurship and on gender equality in rural communities. The study focuses on four forms of capital, namely human capital, physical capital, social capital, and natural capital, with women’s entrepreneurship treated as a mediating variable and gender equality as the dependent variable. A quantitative research approach was employed using Structural Equation Modeling-Partial Least Square (SEM-PLS). Primary data were obtained through questionnaires distributed to women entrepreneurs in rural areas. The results reveal that human capital and physical capital significantly and positively influence women’s entrepreneurship, whereas social capital and natural capital have no significant effect. These findings suggest that strengthening individual capacities and improving access to productive infrastructure are essential for promoting women’s entrepreneurship in rural areas and advancing gender-inclusive local economic development.
creator: Livia Mariyetta Simbolon
creator: Mariana Simanjuntak
rights: Copyright (c) 2026 Livia Mariyetta Simbolon, Mariana Simanjuntak https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-23
publication date: 2026-06-23
volume: 7
number: 2
starting page: 1498
ending page: 1504
doi: 10.38035/dijefa.v7i2.6898

The Role of Marketing Innovation in Household Business Sustainability: A Resource-Based View Approach
type: item
description: Marketing innovation has become an important capability that enables household businesses to improve competitiveness and adapt to changing market conditions. Through product innovation, price innovation, promotion innovation, and retail innovation, business actors can create value and strengthen their market position. This study aims to examine the influence of product innovation, price innovation, promotion innovation, and retail innovation on marketing innovation, as well as the effect of marketing innovation on household business sustainability from a Resource-Based View (RBV) perspective. A quantitative approach was employed using a survey of 210 household food business actors in Medan City selected through purposive sampling. Data were collected through a structured questionnaire measured using a seven-point Likert scale and analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM). The results reveal that product innovation, retail innovation, and promotion innovation have positive and significant effects on marketing innovation, while price innovation has no significant effect. Furthermore, marketing innovation does not significantly influence household business sustainability. These findings suggest that product quality, promotional capabilities, and diversified sales channels represent valuable internal capabilities that support marketing innovation. This study contributes to the Resource-Based View literature by providing empirical evidence regarding the role of internal capabilities in fostering marketing innovation among household food businesses.
creator: Icha Darlene Hanna Sipahutar
creator: Mariana Simanjuntak
rights: Copyright (c) 2026 Icha Darlene Hanna Sipahutar, Mariana Simanjuntak https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-25
publication date: 2026-06-25
volume: 7
number: 2
starting page: 1505
ending page: 1512
doi: 10.38035/dijefa.v7i2.6899

A Decision-Making Framework for Securing Compliant UCO Supply for SAF Production
type: item
description: PT Pertamina Patra Niaga (PPN) faces strategic challenges in sourcing qualified Used Cooking Oil (UCO) to meet Indonesia’s Sustainable Aviation Fuel (SAF) mandates. The government strictly enforces a 1% SAF blend by 2027 and 5% by 2029, pressuring PPN to secure a cost-effective and ISCC CORSIA-compliant supply chain. This study aims to evaluate four strategic alternatives: 100% "Make" UCO, 100% "Buy" UCO, 100% "Make" SAF Domestic, and "Partially Buy" SAF. A quantitative approach using the Analytic Hierarchy Process (AHP) was conducted, collecting primary data through questionnaires from the Board of Directors of PPN's Subholding Downstream. The findings reveal that executives heavily prioritize compliance objectives over short-term commercial gains. The AHP synthesis indicates that the 100% "Make" SAF Domestic strategy is the most optimal (36.2%), strongly supported by a 100% "Buy" UCO upstream model (31.3%). To mitigate supply chain risks and traceability fraud in the informal sector, this study recommends a digitally governed hybrid approach. This involves integrating blockchain traceability and establishing cross-institutional collaborations with the National Nutrition Agency (Badan Gizi Nasional). Ultimately, this framework provides a robust decision tool for establishing compliant and sustainable aviation fuel ecosystems in emerging markets.
creator: Ahmad Tiko Widodo
creator: Santi Novani
rights: Copyright (c) 2026 Ahmad Tiko Widodo, Santi Novani https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-25
publication date: 2026-06-25
volume: 7
number: 2
starting page: 1513
ending page: 1524
doi: 10.38035/dijefa.v7i2.6900

The Effect of Corporate Governance on Earnings Management with Audit Tenure as a Moderating Variable
type: item
description: This study aims to analyze the effect of corporate governance proxied by board independence, board gender, audit committee financial expertise, and audit committee size on earnings management with audit tenure as a moderating variable in healthcare sector companies listed on the Indonesia Stock Exchange during the 2020–2024 period. The study employed a quantitative approach with a sample of 23 companies or 115 observations selected using purposive sampling. Data analysis was conducted using panel data regression and Moderated Regression Analysis (MRA). The results indicate that board independence, board gender, and audit committee financial expertise do not have a significant effect on earnings management. Meanwhile, audit committee size has a significant negative effect on earnings management. Audit tenure is unable to moderate the relationship between board independence, board gender, and audit committee size and earnings management. Meanwhile, audit tenure moderates the relationship between audit committee financial expertise and earnings management with a significant positive direction that is inconsistent with the research hypothesis. This study indicates that the effectiveness of corporate governance in reducing earnings management practices still depends on the quality of corporate monitoring.
creator: Hasnawati Hasnawati
creator: Sri Daryanti Zen
rights: Copyright (c) 2026 Hasnawati, Sri Daryanti Zen https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-25
publication date: 2026-06-25
volume: 7
number: 2
starting page: 1525
ending page: 1537
doi: 10.38035/dijefa.v7i2.6883

The Influence of Leadership Style, Employee Engagement, and Work Environment on Service Quality: A Systematic Literature Review
type: item
description: This study aims to examine the influence of leadership style, employee engagement, and work environment on service quality through a Systematic Literature Review (SLR) approach. Data were collected from scientific articles systematically selected using the PRISMA procedure from Scopus-indexed databases and reputable international journals (2018–2024), resulting in 20 high-quality articles. Findings reveal that transformational leadership style demonstrates the strongest influence on service quality (r = 0.58), followed by servant leadership (r = 0.52). Employee engagement acts as a significant partial mediator in the relationship between leadership and service quality, with an indirect effect contribution of 35–60%. The work environment significantly contributes to service quality (r = 0.52), with the socio-psychological dimension exerting a stronger influence (60%) than the physical dimension (40%). A strong synergistic effect exists among the three variables, where integrated optimization yields a 35–45% improvement in service quality. This study provides a theoretical contribution in the form of a holistic conceptual framework for comprehensively understanding the determinants of service quality.
creator: Nur Endah Sabarini
creator: Supardi Supardi
rights: Copyright (c) 2026 Nur Endah Sabarini, Supardi Supardi https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-25
publication date: 2026-06-25
volume: 7
number: 2
starting page: 1538
ending page: 1549
doi: 10.38035/dijefa.v7i2.6889

Improvement Strategy Quality Public Services in the Organizational Section District Regional Secretariat
type: item
description: This study aims to analyze strategies for improving the quality of public services in the Organizational Section of the Kampar Regency Regional Secretariat. The background of the study is based on the importance of public services as an indicator of government performance, as well as the ongoing obstacles in its implementation even though the Public Satisfaction Index (IKM) shows an increasing trend. This study uses a qualitative approach with descriptive methods. Data were obtained through observation, interviews, and documentation, then analyzed using the SWOT approach to identify internal and external organizational factors. The results show that the quality of public services has improved, but is not yet fully optimal. The main obstacles include the inconsistent implementation of standard operating procedures, limited competency of apparatus, and the suboptimal use of technology. Based on the SWOT analysis, strategies that can be implemented include increasing human resource capacity, utilizing information technology, and simplifying service procedures. This study concludes that improving the quality of public services requires integrated and sustainable efforts to be able to meet the needs and expectations of the community more effectively.
creator: Yeni Gusliana
creator: Zulher Zulher
creator: Kasmawati Kasmawati
rights: Copyright (c) 2026 Yeni Gusliana, Zulher, Kasmawati https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-25
publication date: 2026-06-25
volume: 7
number: 2
starting page: 1550
ending page: 1562
doi: 10.38035/dijefa.v7i2.6948

Policy Analysis and Decision-Making Framework for ESG Strategy Implementation at Pertamina's Refinery
type: item
description: This study develops a policy analysis and decision-making framework for evaluating Environmental, Social, and Governance (ESG) strategy implementation in Pertamina's refinery business. It responds to the managerial tension between energy security, operational reliability, decarbonization, ESG credibility, and market confidence in a state-owned energy enterprise. A sequential mixed-methods single-case design was applied by combining stakeholder analysis, PESTLE analysis, Kepner-Tregoe problem diagnosis, ESG benchmarking, and Binary Analytic Hierarchy Process based on executive-level judgments. The findings show that the main issue is not the absence of ESG commitment but the weak alignment between ESG pillars and decision routines. Binary AHP supports adjusting the existing decision-making system with a priority score of 58.5% and a consistency ratio of 0.044. The study recommends an integrated ESG materiality matrix, carbon-adjusted capital allocation, an ESG digital dashboard, and phased governance integration to improve ESG strategy execution.
creator: Sri Hartati
creator: Valid Hasyimi
rights: Copyright (c) 2026 Sri Hartati, Valid Hasyimi https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-06-29
publication date: 2026-06-29
volume: 7
number: 2
starting page: 1563
ending page: 1572
doi: 10.38035/dijefa.v7i2.6891