The International Journal of Accounting and Business Society

Competitiveness Improvement in BUMDes Through Marketing Digitalization

2023-01-09T03:14:14+00:00

Purpose — The objectives of this research are (1) to create digital marketing strategies using SWOT analysis, (2) to create information channels as digital marketing media using websites, and (3) to strengthen the image and governance of BUMDes Mitra Sejati of Kucur village, which has managed several business units and was affected by the COVID-19 pandemic.

Design/methodology/approach — This research uses the qualitative method with the case study and interview approach, so the results are analytical and descriptive in nature. The population of this research is Village-Owned Enterprises throughout Indonesia, and the sample is BUMDes Mitra Sejati, a village-owned enterprise located in Kucur village of Dau sub-district in Malang regency. This organization is managed by the village government.

Findings — The growth of BUMDes Mitra Sejati is hampered by ineffective governance, the unavailability of suitable marketing and promotion media for the village's products and tourist destinations, and poor product branding and innovation.

Practical implications — This research helps the enterprise optimize digital marketing, which can also be utilized by other BUMDes in Indonesia

Originality/value — This article presents a case of digital marketing applied by BUMDes in Indonesia so that it can provide an example of the sub-optimal use of digital marketing that reduces BUMDes revenue.

Paper type — Case study

Strategy of Kopi Sembalun Agro-tourism (Study in Sembalun Village, East Lombok Regency, NTB)

2023-02-15T08:12:58+00:00

Purpose — This research aims to analyze the potential for the development of agrotourism “Kopi Sembalun” in Sembalun Village, East Lombok.

Design/methodology/approach — This research used a qualitative approach by observing the Sembalun village areas to see the potential of agritourism activities about coffee to be developed to be a destination of agrotourism. Data were obtained from direct observation and a semi-structured interview with informants. Then, the obtained results were analyzed using the SWOT strategy IFAS and EFAS analysis.

Findings — The results show Glamping Sajang, Bukit Pemedengan, Kebun Kopi Amaq Hartono, Kopikey, Sembalun Coffee House, and Rinjani Coffee have more potential than the other places. The direction of the strategy for the development of agritourism coffee Sembalun is in quadrant I. An aggressive strategy using the strength opportunity strategy (SO) is selected as the best strategy for agritourism coffee in Sembalun village. The system that will be developed will elevate the history of Sembalun coffee and increase the ability to process coffee as an attraction; expand the marketing of Sembalun coffee by exploiting the potential of nature, maintaining coffee productivity and quality, involving coffee farming communities in the development of coffee agrotourism.

Practical implications — This research implication is used for the owner, manager, and community of Sembalun Village in managing and developing Sembalun coffee agrotourism so that Sembalun coffee is increasingly widely known and has an economic impact on coffee farming communities in Sembalun Village.

Originality/value — This paper describes effective solutions for coffee farmers related to agro-tourism development strategies.

Multidimensional Governance For Islamic Philanthropic Institutions: Extended Maqashid Sharia Perspective

2022-12-05T05:17:17+00:00

Purpose — This study aims to build the concept of sharia governance of Islamic philanthropic institutions based on extended maqashid sharia.

Design/methodology/approach — This research is qualitative research with a religionist paradigm rooted in Islamic values (Qur'an and Sunnah) and following the objectives of sharia (maqashid sharia). The methodology built is an Islamic integrative methodology that integrates mashlahah elements from the extended maqashid sharia.

Findings — Multidimensional governance is intended to achieve Allah's pleasure in this world and the hereafter. Mashlahah (benefits) can be realized by maintaining the five dimensions of the extended maqashid sharia, which consist of spiritual, physical and non-physical, intellectual, social, and financial.

Practical implications — This governance concept can be used to build new awareness for practitioners of Islamic philanthropic institutions or other Sharia nonprofit institutions in carrying out the idea of governance derived entirely from the Qur'an and hadith. The results of this study can also be used as a guide in improving the quality of governance of Islamic philanthropic institutions, leading to the increased trust of the people in Islamic philanthropic institutions.

Originality/value — The concept of multidimensional governance is built from an intact reality. The multidimensional governance includes material, religious, kauliyah, kauniyah, and nafsiah elements as well as submission and obedience to Allah as the source of reality, knowledge, and truth so that the scope of governance is intact, covering material and non-material in addition to the aims and objectives of the world and hereafter.

Paper type — case study

The determinants of firm profitability in the Tunisian Stock Exchange

2022-10-15T23:14:21+00:00

Purpose — This research aims to analyze the determinants of firm profitability in the Tunisian Stock Exchange.

Design/methodology/approach — This research used a model of panel static in a sample of 30 firms listed in the Tunisian stock exchange for 2016-2021.

Findings — The results show that capital, size, liquidity, and economic growth positively affect firm profitability, but inflation and financial autonomy negatively affect firm profitability.

Practical implications —The practical implication of this scholarly article is that organizations can improve their profitability by focusing on capital, size, liquidity, and economic growth while also being cautious about inflation and financial autonomy.

Originality/value — This scholarly article's original value lies in examining the determinants of firm profitability in the context of Tunisian stock exchange-listed firms. It provides insights into the specific factors that influence profitability and their effects.

Paper type — Case research

Portraying Dr. Soetomo's Thoughts in The Frame of University Social Responsibility

2022-06-10T00:32:25+00:00

Purpose - The purpose of this research is to understand and explain the concept of University Social Responsibility by Dr. Soetomo University Surabaya.

Design/methodology/approach - In the context of research on University Social Responsibilities (USR), it is based on the concept of nationality and peoplehood as initiated by Dr. Soetomo. Such a paradigm in the context of research is referred to as a constructivist-interpretive paradigm with a qualitative approach. A qualitative approach was chosen with the intention of obtaining an in-depth picture of the research topic based on qualitative data.

Findings - The findings in this study are: First, the concept of University Social Responsibility implemented by Dr. Soetomo University Surabaya is understood as a forum for embodying values that have grown and developed within Dr. Soetomo University. Second, the process of implementing University Social Responsibility based on a people's and national perspective at Dr. Soetomo University Surabaya is a series of field practice agendas that are measurably and simultaneously carried out by students in assisting residents. Third, the strategy carried out by Dr. Soetomo University Surabaya in implementing University Social Responsibility for the campus circle community is to first identify the fundamental problems that exist in the community, then consolidate empowerment together with the government, both the Surabaya City Government and the Surabaya city social service.

The suggestions resulting from this study are:

First, policies related to poverty alleviation, public education, equitable distribution of education, and education for all those driven by the city/district government and the House of Representatives should have synergy with universities or universities that also have similar views on efforts to alleviate poverty and equalize social access.

Second, the Surabaya City Government and social services are advised to have a financial and nonfinancial contribution to the sustainability of the agenda related to equitable access in the context of fulfilling the fundamental rights of the need for human rights contained in Law Number 39 of 1999 concerning human rights.

The Effect of Book Tax Difference, Foreign Ownership and Transfer Pricing on Tax Avoidance with Profit Management as Moderating Variables

2022-09-05T03:04:45+00:00

Purpose — The main objective of this research is to test which is to find out the effect of the book-tax difference, on the other hand, foreign ownership and transfer pricing that is adjusted for tax avoidance, which focuses on the level of profit management which is positioned as an aspect of the moderating variable.

Design/methodology/approach — This study focuses on secondary data in the form of samples from several companies engaged in manufacturing where these companies have been listed on the Indonesia Stock Exchange in the period from 2016 to 2019. The companies that were sampled in this study amounted to 31 companies for 4 years. which is used as a purposive sampling method. The form of data analysis used leads to the Partial Least Square (PLS) method where it is necessary to use SmartPLS version 3. software.

Findings — From the results of the study, it is found that book-tax difference and transfer pricing have an important influence in avoiding a tax. However, the level of foreign ownership has no effect on the level of tax avoidance. The results of the research in the aspect of profit management variables were able to be moderated regarding the relationship between book-tax difference and transfer pricing on tax avoidance, but unable to relate to the relationship between foreign ownership and tax avoidance practices.

Paper type — Quantitative

Ngunduh Wohing Pakarti: The Moral Roots of Business Governance Principles

2022-07-19T02:28:03+00:00

Purpose — This study aims to explore and interpret the moral values of ngunduh wohing pakarti which are the basis for forming business governance principles.

Design/methodology/approach — This study uses a qualitative method with an interpretive paradigm that emphasizes a deep understanding of the meaning of ngunduh wohing pakarti in ancient Javanese society.

Findings — The moral teaching of ngunduh wohing pakarti is a code of conduct for the ancient Javanese people to manage business activities. The actualization of the moral values as the building of ngunduh wohing pakarti, consisting of balance, honesty, fairness, sincerity, and compassion, is an inspirational signal in formulating the principles of modern business governance today.

Practical implications — Ngunduh wohing pakarti can have practical implications for management in carrying out managerial functions so that they can support wise business decision-making processes without harming other parties. The consistent application of governance principles in the moral corridor can provide added value for stakeholders and maintain a sustainable business growth process.

Originality/value — This study explores the historical portrait of the development of business governance in Indonesia, especially in the ancient Javanese period, and interprets the moral meaning of ngunduh wohing pakarti in the principles of business governance.

Indonesia's Critical View on Public Sector Accounting: Insights from M Nastir's Thought

2023-04-14T23:17:50+00:00

Purpose — This research attempts to introduce a typical Indonesian critical thought, M. Natsir's perspective, which can be used to study public sector accounting.

Design/methodology/approach-- This study used the narrative literature review method. This article then compiled an outline of M Natsir's critical methodology, which focuses on the emancipatory revolution based on the spirit of Islamic values and continues to prioritize democracy and national unity. It hopes the methodology can construct the [financial] state management to align with the nation's interests.

Findings — The results of this study indicate that the development of paradigmatic studies in the field of accounting opens great opportunities to complete, perfect, and even present concepts in new accounting models that are in line with the needs of the ages, as shown in this article, which borrows the thoughts of M Natsir. This reflection serves as a methodological basis to present the concept of an emancipatory revolution based on the spirit of Islam and the love for motherland values growing within Indonesian society. Therefore, people's conceptions of love for material things can be oriented in a more beneficial direction for society. It can also construct a country's best financial management method.

Practical implications — This research encourages the presence of public sector accounting studies without forgetting the context of local values, love of country, and Islamic spirit in the form of good state financial management.

Originality/value — This research framework consists of a critique of the concept and practice of NPM and its accrual accounting as a derivative of neoliberal ideology, as well as the roots of the presence of economic policies that are not oriented towards the interests of the people in general. Using this proposed framework, it is hoped that the spirit of love for the motherland and the spirit of Islam can be felt in the state's financial accounting and management.

Paper type — Research Papers