The Es Accounting And Finance

Mapping the Intellectual Structure of Share Buyback Studies: A Bibliometric Approach

Loso Judijanto — 2025-11-30

This paper delineates the intellectual framework of share buyback research through a thorough bibliometric analysis. This research utilizes articles indexed in Scopus and employs co-citation, co-authorship, keyword co-occurrence, overlay, and density mapping approaches to identify prevailing topics, prominent authors, institutional networks, and patterns of worldwide collaboration. The findings indicate two principal research streams: a primary cluster based in corporate finance, emphasizing signaling theory, agency issues, governance mechanisms, payout policy, and earnings management; and a secondary cluster originating from operations and supply chain literature, concentrating on buyback contracts and coordination mechanisms. Although they utilize similar language, these streams are theoretically separate, highlighting the transdisciplinary nature of buyback research. The findings indicate that the United States functions as the primary center for academic output and collaboration, with notable contributions from Taiwan, India, France, and Switzerland. This study synthesizes structural trends and theme developments, offering a clear framework for future research that emphasizes prospects for theoretical integration, exploration of developing market situations, and enhancement of cross-disciplinary comprehension of buyback-related phenomena.

Mapping Global Research Trends on Loss Aversion: A Bibliometric Analysis Using Scopus Data (2000–2025)

Loso Judijanto — 2025-11-30

This study offers a thorough bibliometric analysis of international research on loss aversion based on Scopus-indexed articles⁠. The study analyzes the intellectual found⁠ations and emergent advancem⁠ents that influence the subject by analyzing pub⁠lication trends, citation structures, authorship networks, institutional collaborations, and keyword co-occ⁠urrences. The finding⁠s underscore the importance of deci⁠sio⁠n-making, prospect theory, and risk⁠ aversion, wh⁠ich provide the conceptual foundation of loss aversion research. Co-authorship and i⁠nstitutional mapp⁠ing demonstrat⁠e robust international collaboratio⁠n networks spearheaded by the United States, United K⁠ingdom, China, and prominent European in⁠stitutions. The theme clusters⁠ exhibit an equilibrium between fundamental behavioral econo⁠mics resear⁠ch and expanding mu⁠ltidisciplinary appl⁠ications in psychology, neurosc⁠ience, management, and health sciences. Notwiths⁠tanding⁠ cons⁠traints associated with dat⁠abas⁠e coverage and citation metrics, the study provides significant insights for academics aiming to comprehend the field's evolution, pinpoint research ne⁠eds, and investigate future traje⁠ctories. This bibliometric study elucidates loss aversion as a multidisciplinary construc⁠t and highlights its significance in elucidating human behavior in contexts of risk and uncertainty.

Artificial Intelligence in Auditing: An Empirical Investigation of the Technology Acceptance Model in BPK Papua

Oktavia Fatmala — 2025-11-30

The adoption of Artificial Intelligence (AI) in auditing practices has gained attention due to its potential to improve audit quality, efficiency, and fraud detection. This study investigates the factors that influence auditors' perceptions of AI adoption at the Audit Agency of Papua Province (BPK Papua). Using the Technology Acceptance Model (TAM), the study explores the roles of Perceived Ease of Use (PEU), Perceived Usefulness (PU), and Perceived Cyber Risks (PCR) in shaping auditors' attitudes toward AI adoption. Data were collected through a survey of 92 auditors, and the findings reveal that all three factors—PEU, PU, and PCR—significantly affect Audit Practice (Y). The study shows that auditors are more likely to adopt AI if they perceive it as easy to use and useful in enhancing audit performance. However, concerns over cyber risks pose a significant barrier to full AI adoption. The results suggest that AI tools must be user-friendly, demonstrate clear benefits, and address cybersecurity concerns to promote adoption. These findings have important implications for AI developers and audit firms and offer guidance on how to integrate AI effectively into auditing practices. Future research could explore additional factors that influence AI adoption in auditing, including organizational culture and regulatory frameworks.

Enhancing Productive Zakat Effectiveness through Transparent and Accountable Governance: A Case Study

Muhammad Zain Amirul Djafar — 2025-11-30

This study explores the implementation of the Zmart program by BAZNAS Papua as a localized model of productive zakat aimed at improving the welfare of mustahik. Through a qualitative case study involving interviews with beneficiaries, program staff, and zakat experts, the research identifies key mechanisms contributing to program success: provision of in-kind business capital, entrepreneurship training, and consistent mentoring. Findings show that these components collectively enhance income stability, financial literacy, self-confidence, and social integration among mustahik. The study also underscores the importance of accountability mechanisms—such as audits, SiMBA-based digital reporting, and public disclosures—in fostering trust and institutional credibility. Challenges such as limited market access, unstable income, and poor financial record-keeping remain persistent, indicating the need for adaptive and ongoing support. The Zmart program offers a replicable model for zakat institutions operating in socioeconomically constrained regions. Future research should investigate the sustainability of mustahik-to-muzakki transformation and integrate psychological dimensions of empowerment. The study contributes to the discourse on Islamic social finance by presenting a holistic, transparent, and participatory framework for zakat-based empowerment.

The Exploring Blockchain’s Potential to Revolutionize Financial Reporting in Banking: A Case Study of Bank BRI Jayapura

Josua Adrianus Pesiwarissa — 2025-11-30

This study investigates the role of blockchain technology in enhancing transparency, security, and efficiency in the financial reporting systems of Bank BRI Jayapura. It examines the perceptions of employees, the challenges faced during implementation, and the regulatory barriers hindering full adoption. Findings indicate that blockchain holds significant potential to improve financial reporting accuracy and security by reducing fraud risks and ensuring data immutability. However, the successful adoption of blockchain is contingent upon comprehensive employee training, the readiness of technological infrastructure, and the development of clear and structured regulatory frameworks. The research suggests that management’s role in framing blockchain as an innovative solution rather than a disruptive threat is essential for overcoming resistance. Furthermore, this study emphasizes the need for continued research into regulatory frameworks and the long-term impact of blockchain on banking operations.

Impact of Risk-Sharing Mechanisms on Financial Performance Mediated by Corporate Governance in Indonesian Islamic Banks

Eri Kristanto — 2025-11-30

This study examines the impact of risk-sharing mechanisms on the financial performance of Indonesian Islamic banks, with corporate governance serving as a mediating variable. Using a quantitative approach, data were collected from 125 bank employees across various Islamic banking institutions in Indonesia. The research employed a five-point Likert scale and data analysis using Structural Equation Modeling–Partial Least Squares (SEM-PLS 3). The findings show that risk-sharing mechanisms have a positive and significant effect on corporate governance, indicating that profit-and-loss sharing instruments promote transparency, accountability, and ethical management practices. Furthermore, both risk-sharing mechanisms and corporate governance significantly enhance financial performance. Mediation analysis reveals that corporate governance partially mediates the relationship between risk-sharing mechanisms and financial performance, suggesting that stronger governance frameworks amplify the positive effects of risk-sharing practices. These results underline the importance of integrating Sharia-compliant risk-sharing models with robust governance structures to strengthen the sustainability, stability, and competitiveness of Islamic banks in Indonesia.

Influence of Fair Value Measurement and Board Effectiveness on Earnings Quality through Corporate Governance in Indonesian Listed Companies

Loso Judijanto — 2025-11-30

This study investigates the influence of Fair Value Measurement and Board Effectiveness on Earnings Quality through the mediating role of Corporate Governance in Indonesian public companies. Employing a quantitative approach, the research collected data from 185 firms listed on the Indonesia Stock Exchange (IDX). Data were gathered through structured questionnaires using a five-point Likert scale and analyzed with Structural Equation Modeling–Partial Least Squares (SEM-PLS 3). The results show that both fair value measurement and board effectiveness have significant positive effects on corporate governance, which in turn has a substantial impact on earnings quality. Corporate governance is also found to mediate the relationship between the independent variables and earnings quality, emphasizing its pivotal role as an institutional bridge that connects accounting transparency and managerial oversight to reporting credibility. The findings contribute to the literature by providing empirical evidence from an emerging market context and offer practical insights for policymakers, regulators, and corporate leaders to strengthen governance mechanisms and fair value disclosure practices. Overall, this study confirms that effective governance and transparent accounting standards are essential for achieving high-quality earnings and sustaining investor trust in Indonesia’s capital market.

The Role of Inflation, Monetary Policy Interest Rates, and Foreign Portfolio Investment on Stock Market Volatility in ASEAN Countries

Herningsih Sutri Lembong — 2025-11-30

This study examines the role of inflation, monetary policy interest rates, and foreign portfolio investment (FPI) in driving stock market volatility in ASEAN countries through a systematic literature review (SLR). The review synthesizes empirical evidence from studies conducted between 2000 and 2025, providing insights into how these macroeconomic variables influence stock market behavior in the region. The findings reveal that inflation, particularly when high or volatile, negatively impacts stock market stability by eroding purchasing power and increasing uncertainty. Monetary policy interest rates, especially during periods of tightening, are inversely related to stock market returns, exacerbating volatility. Foreign portfolio investment, while providing liquidity, also introduces risk, with capital inflows and outflows linked to shifts in global economic conditions. The interactions between these variables are complex, often creating feedback loops that amplify stock market fluctuations. The study underscores the need for ASEAN policymakers to balance inflation control and interest rate adjustments to stabilize financial markets, while investors should be mindful of the macroeconomic environment when making decisions. The paper contributes to the broader literature on financial market behavior in emerging economies and suggests avenues for future research to better understand the intricate relationships between these macroeconomic variables.

Trends and Knowledge Structure in Zakat Accounting Studies

Loso Judijanto — 2025-11-30

This study aims to map the development, thematic structure, and intellectual foundations of zakat accounting research over the period 2000–2025. A quantitative bibliometric research strategy is employed, with data collected from the Scopus database in the form of full records of peer-reviewed journal articles and review papers (titles, abstracts, author keywords, citation information, and references). The search string combines core zakat and accounting terms using Boolean and proximity operators, and a multi-stage screening process based on titles and abstracts is applied to ensure that only studies with a substantive focus on zakat accounting are retained. The final dataset is analysed using performance analysis and science-mapping techniques. Performance analysis is used to describe publication trends, leading authors, journals, institutions, and countries, while science mapping relies on co-occurrence of author keywords, citation analysis, and co-citation analysis to identify dominant themes, research fronts, and underlying theoretical paradigms. The bibliometric procedures are implemented with VOSviewer and the Bibliometrix/Biblioshiny package, enabling an integrated overview of how zakat accounting has evolved as a distinct field and where promising avenues for future research are emerging.

Mapping the Intellectual Landscape of Tax Evasion Research: A Comprehensive Bibliometric Analysis

Loso Judijanto — 2025-11-30

This work perform⁠s a thorough bibliom⁠e⁠tric analysis to delineate the intellectual terrain of tax evasion research. The study utilizes⁠ citation and co-authorship data from Scopus⁠ to identif⁠y principal⁠ themes, p⁠rominen⁠t authors, and collaboration networks⁠ within the area. The results indi⁠cate that tax evasion research is interdisciplinary, with substantial contributions from economics, psyc⁠hology, and law. The United Sta⁠tes and⁠ the Unit⁠ed Kingdom are pivotal in the discipline, with increasing research coopera⁠tion in Asia and Africa. Emerging subjects encompa⁠ss the utilization of artificial intelligence in tax detection and the influence of th⁠e informal economy on tax compliance. The research underscores the necessity for international cooperation in combating tax evasion, especially via transnational alliances. The study's limitations encompass dependenc⁠e on citation data an⁠d th⁠e absence of c⁠omprehensive analysis of specifi⁠c research c⁠ontent. The study offers significant insights for poli⁠cymakers and scholars, while indicating avenues for future investigation in this critical domain.

Public Finance in Developing Economies: A Bibliometric Analysis of Tax Policy, Revenue Mobilization, and Governance

Loso Judijanto — 2025-11-30

This paper presents a bibliometric examinati⁠on⁠ of public finance research in emerging economies, emphasizing tax policy, revenue mobilization, and governance. The repor⁠t analyzes data from 2000 to 2025 to delineate⁠ th⁠e intellectual framework of the area and reveals emerging trends, highlighting an increasing focus on sustainabl⁠e deve⁠lopment, green f⁠inance, and c⁠limate change mitigatio⁠n. The analysis ind⁠icates that conventional fisca⁠l pol⁠icy frameworks are progressively in⁠clud⁠ing environmental facto⁠rs, indicating a transition towards more sustainable economic models. The study emphasizes the pi⁠votal role of fina⁠ncial s⁠ystems in promoting economic⁠ resilience and the s⁠ign⁠ificance of public-private partnerships in improving fiscal governance. Notwithstandi⁠ng these improvements, the study delineates multiple research deficiencies, especially regarding the pract⁠ical implementation of financial innovation⁠s and the influ⁠ence of digital te⁠chnology in public finance.⁠ The results offer significant insights for policyma⁠kers and scholars seeking to create more inclusive and sustainable fiscal systems in emergin⁠g nations.

Bibliometric Mapping of Research on Islamic Environmental Social Responsibility Reporting

Ari Purwanti — 2025-11-30

This study conducts a bibliometric analysis to delineate the intellectual framework and thematic progression of research on Islamic Environmental Social Responsibility (ESR) reporting over the period 2000–2025. The main objective is to map publication and citation trends, identify the most influential authors, institutions, journals, and countries, and uncover the dominant and emerging themes in this field. Data were collected from the Scopus and Web of Science databases using a structured search strategy that combined Islamic, environmental, and reporting-related keywords, applied to titles, abstracts, and author keywords. The search was restricted to peer-reviewed journal articles, reviews, and selected conference papers within the defined time span, followed by a multi-stage screening and data-cleaning process to remove duplicates and exclude documents not substantively related to Islamic ESR reporting. The final corpus was analysed using a combination of performance analysis and science-mapping techniques implemented in VOSviewer and the Bibliometrix/Biblioshiny package. Performance analysis was used to describe productivity and impact patterns, while science mapping relied on co-occurrence, co-citation, and collaboration networks to visualise conceptual clusters and the evolution of research themes. The findings show that Malaysia and Indonesia lead global scholarship, with research converging around CSR, Islamic finance, and sustainable development, while ESG, green banking, and maqasid-based sustainability are gaining prominence as newer areas of interest.

Using Financial Distress Models in Indonesian F&B Companies During Multidimensional Crisis: Covid-19 Period to the Israeli-Palestinian Conflict

Ossi Ferli — 2025-11-30

This study aims to compare the effectiveness of financial distress prediction models (Altman Z-Score, Springate, Zmijewski, Taffler, Grover, and Ohlson) for food and beverage companies in Indonesia impacted by multidimensional crises: the COVID-19 pandemic, community activity restrictions (PPKM), and the boycott of pro-Israel products. The research objects include four companies listed on the Indonesia Stock Exchange (MAPI, MAPB, PZZA, FAST) that faced operational and financial pressures due to these phenomena. A quantitative method with a causal-comparative design was employed, analyzing secondary financial report data from 2020–2023 through descriptive statistics and predictive analysis. Results revealed variations in model accuracy depending on the crisis context: Springate achieved the highest overall accuracy (75%), attributed to its integration of liquidity, profitability, and leverage variables relevant during the pandemic and PPKM. Meanwhile, Ohlson excelled during the 2023 boycott period (100% accuracy) due to its sensitivity to non-financial factors like reputation and demand shifts. Conversely, Zmijewski (31%) and Grover (44%) underperformed, limited by their inability to capture external dynamics. The implications emphasize the importance of selecting context-specific models—liquidity-focused models (e.g., Taffler) for sudden economic shocks and multifactor probabilistic models (e.g., Ohlson) for geopolitical disruptions. For practitioners, product diversification and cost efficiency are key to resilience, while investors should integrate non-financial risks into decision-making. This study contributes to literature by integrating geopolitical crises into financial distress analysis, though limited by its small sample and historical data. Future research should expand sector coverage and develop hybrid models incorporating qualitative metrics.

Accountability in Small and Medium-Sized Construction Business Governance: A Case Study

Baiq Krisnina Maharani Putri — 2025-11-30

This study aims to conduct an in-depth analysis of accountability practices within the governance system of PT Pusaka Inti Abadi, a growing small- and medium-sized construction company. The research method used was qualitative with a descriptive approach. Data collection was conducted through interviews, observations, and direct documentation conducted at the company. The results indicate that the company's accountability practices are good. The company is able to explain its actions to those entitled to respond to these actions, in this context, its clients, in accordance with accountability theory. The form of accountability implemented by the company in its governance system is by consistently providing updated reports on construction project work to clients using various flexible methods. Furthermore, the company always strives to ensure that all construction projects are carried out in accordance with the construction contract agreed upon between the two parties.

Mapping the Intellectual Structure of Taxation and Public Finance Research: A Bibliometric Analysis (2000–2025)

Loso Judijanto — 2025-11-30

This study delineates the conceptual framework of taxes and public finance research from 2000 to 2025 using a bibliometr⁠ic analysis utilizing Scopus data. The r⁠esearch employs co-citation, co-authorship,⁠ and keyword co⁠-occurren⁠ce analytics using Bibliomet⁠rix and VOSviewer to identify prevailing themes, prominent researchers, and worldwide collaboration patterns influencing⁠ the area. The results indicate that taxes research is increasingly converging with intellectual property, innovation, and susta⁠i⁠nabil⁠ity, signifying a fundamental transition from conventional fiscal theory to inte⁠r⁠disciplinary integration. The Unit⁠ed States, United⁠ Kingdom, and Germany are p⁠rominent contributors, but developing economies exhibit increasing involvement. The re⁠search provides⁠ theoretical and practical insights for formulating innovation⁠-drive⁠n and internationally coordinated fiscal strategies.

Financial Inclusion of Muslim Communities in Indonesia

Vidya Ramadhan Putra Pratama — 2025-11-30

This study investigates the influence of Islamic financial literacy, religious commitment, and digital technology application on the financial inclusion of Muslim communities in Indonesia. Using a quantitative approach, data were collected from 150 respondents through a structured questionnaire employing a five-point Likert scale. The relationships among variables were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS 3). The findings reveal that Islamic financial literacy significantly enhances financial inclusion by strengthening individuals’ capability to evaluate and adopt Sharia-compliant financial products. Religious commitment also demonstrates a positive effect, indicating that higher adherence to Islamic beliefs increases the likelihood of engaging in ethical and Sharia-based financial services. Among the predictors, digital technology application shows the strongest impact, highlighting the critical role of digital platforms in expanding financial access for Muslim communities. The study contributes to the growing literature on Islamic finance by integrating behavioral, religious, and technological dimensions. The results provide practical implications for policymakers, Islamic financial institutions, and fintech developers to design inclusive strategies that enhance financial well-being and promote Sharia-compliant financial participation in Indonesia.

Disclosure Cultural Accounting of Tumpeng Sewu in The Village of Suku Osing Banyuwangi

Putri Maulida Sri Mulyani — 2025-11-30

The purpose of this research is to reveal the financing and accounting disclosures of tumpeng sewu culture in the village of Osing Banyuwangi tribe. Tumpeng sewu culture is a village celebration held in the month of Dhul Hijjah with the held in the month of Dhul-Hijjah with the aim of hoping for protection and blessing of fertile nature to God Almighty and be blessed with fertile nature to God Almighty. This research uses an ethnomethodology approach with observation, interview and documentation methods documentation. The results of this study reveal that the tumpeng sewu ritual ritual makes one way to maintain ecology and behave well in protecting the environment as a source of life and thanking God's environment as a source of life and thank God for what has been bestowed. This tumpeng sewu financing is done individually in each house, with the popularity of this culture can open employment opportunities for the surrounding community and the recording of its accounting the surrounding community and the accounting is done simply.

Cryptocurrency Taxation and the Transformation of Financial Regulation: A Bibliometric and Thematic Analysis

Loso Judijanto — 2025-11-30

This paper analyzes global⁠ research trends in cryptocurrency taxes and financial regulation through a bibliomet⁠ric⁠ and t⁠hematic analysis utilizing Scopu⁠s data from 2015 to 2025. The results indicate a growing interdisciplinary domain where taxation, blockchain governance, and fiscal policy converge. Analyses of keyword co-occurrence and collabora⁠tion networks reveal that “cryptoc⁠urrency,” “taxation,” and “blockc⁠hain” predominate in the discourse, although⁠ emerge⁠nt themes like “DeFi,” “tax law,” and “AML compliance” suggest shifting resear⁠ch objectives. The United States and the⁠ U⁠nited Kingdom spearhead global colla⁠boration, succe⁠eded by increasing involvement from Asia and Eastern Europe. The literature is organized into three themes: technological integrat⁠ion in taxation, global policy harmonization, and sustain⁠able fiscal control. The research offers pragmatic⁠ guidance f⁠or policymakers formulating d⁠igital-asset tax frameworks and enhances theoretical comprehension of fiscal di⁠gitalization as a mo⁠de of regula⁠to⁠ry evolution. Future stud⁠y ought to integrate cross-database validation and qualitative policy analysis to enhance the empirical foundation of cry⁠ptocurrency taxation studie⁠s.

Global Research Trends in Tax Incentives: A Bibliometric Analysis from 2000 to 2025

Loso Judijanto — 2025-11-30

T⁠his paper performs a bibliometric analysis of worldwide research trend⁠s in tax incentives from 2000 to 2025. This study utilizes Scopus data to delineate public⁠ation trends, collabor⁠ation networks, and the thematic progre⁠ssion of tax incent⁠ives research, ident⁠ifying significant locations, institutions, and nascent research domains. The United States, the United Kingdom, and many European nations dominate the research domain, incr⁠easingly emphasizing the nexus bet⁠ween tax incentives and sustainability. The report underscores⁠ a⁠ growing focus on examining the impact of tax incenti⁠ves in fostering renewable energy and mitigati⁠ng climate change. This study offers significant insig⁠hts for⁠ policymakers, scholars, and practitioners seeking to comprehend the changin⁠g dynamics of tax in⁠centives and their contribution to promoting su⁠s⁠tainable eco⁠nomic growth.

The Influence of Investment Decisions and Dividend Policies on Firm Value with Financial Performance as a Mediation Variable (A Study on Coal Mining Sub-Sector Companies in the Indonesian Capital Market)

Ida Ayu Budhanda Laksmi Untari — 2025-11-30

The coal mining industry in Indonesia saw notable operational growth from 2020 to 2024, fueled by increasing global demand and rising commodity prices. Despite this growth, fluctuations in firm value—measured by Price to Book Value (PBV)—did not always correspond with operational performance, suggesting a disconnect between market perception and company fundamentals. This study investigates how investment decisions and dividend policies affect firm value in coal mining companies listed on the Indonesia Stock Exchange, with financial performance serving as a mediating factor. Using a quantitative, causal research design, the analysis draws on secondary data from nine companies with consistent dividend payments, covering 36 firm-year observations. Path analysis and the Sobel test were employed to examine direct, indirect, and mediation effects, supported by classical assumption tests to ensure model validity. The research contributes to signaling theory by illustrating the impact of financial strategies on investor perception and firm valuation. Its findings offer practical guidance for managers aiming to enhance firm value through investment and dividend policies, while also helping investors better interpret corporate financial signals.