The International Journal of Accounting and Business Society <p>The Accounting Department publishes the International Journal of Accounting and Business Society (IJABS), Faculty of Economics and Business, University of Brawijaya, Indonesia, which is a dissemination medium for research results from researchers and lecturers in management, accounting, international business, entrepreneurship, business economics, risk management, knowledge management, information systems, ethics, and sustainability science. IJABS is a journal issued in April, August, and December. Today, IJABS is indexed in DOI (Crossref), Academic Microsoft Search, Copernicus, J-Gate, (DRJI ) Directory of Research Journals Indexing, Google Scholar, EBSCOhost (under evaluation), DOAJ (under evaluation), Scopus (under evaluation), Neliti and SJIFactor.</p> <p>The editor receives manuscripts not offered for publication elsewhere and analyses on business published within the nation and abroad.</p> <p>E-ISSN <a title="E-ISSN" href="">2355-2905</a> P-ISSN <a title="P-ISSN" href="">1328-1992</a></p> Accounting Department, en-US The International Journal of Accounting and Business Society 1328-1992 <p>The copyright of the received article shall be assigned to the journal as the publisher of the journal. The intended copyright includes the right to publish the article in various forms (including reprints). The journal maintains the publishing rights to the published articles.</p> <p> </p> FACTORS INFLUENCING AUDITORS' GOING CONCERN OPINION <p><strong>Purpose </strong>— <em>This research aims to analyze the effect of profitability, liquidity, and firm size on audit opinion going concerned in manufacturing companies listed on the Indonesia Stock Exchange in the period of 2017-2019.</em></p> <p><strong>Design/methodology/approach </strong>— <em>The research methodology used is a quantitative method using panel data type, which is a combination of cross-section and time series. The data source used is secondary data obtained from the Indonesia Stock Exchange website. A total of 35 samples of companies were obtained by probability sampling method, especially purposive sampling. The data analysis technique used is logistic regression analysis.</em></p> <p><strong>Findings </strong>— <em>The results of this study indicate that profitability has a negative effect and a sign on the Going Concern Audit Opinion. Liquidity has a negative effect and is significant on the Going Concern Audit Opinion. In contrast, the size of the company has a negative effect but no sign on the Going Concern Audit Opinion. Meanwhile, simultaneously the variables of Profitability, Liquidity, and Company Size together have a significant relationship to the dependent variable, namely Going Concern Audit Opinion.</em></p> <p><strong>Practical implications </strong>— <em>Companies and management must see and analyze the factors that can affect the provision of Going Concern Audit Opinions because the survival of the company is very important for the company going forward.</em></p> <p><strong>Originality/value </strong>— <em>This paper presents the data from the Indonesia Stock Exchange of 35 sample companies. It is expected that this research will provide empirical findings of the factors influencing auditors’ going concern opinion affected by profitability, liquidity, and firm size.</em></p> <p><strong>Keywords </strong>— <em>Auditing opinion; going concerned; firm size; liquidity; and profitability.</em></p> <p><strong>Paper type </strong>— <em>Analytical Research Paper.</em></p> Rumanintya Putri Eko Wahyono Adventinus Kristanto Lambut Agus Hari Hadi Copyright (c) 2022 The International Journal of Accounting and Business Society 2022-12-01 2022-12-01 30 3 01 10 THE INFLUENCE OF MANAGERIAL STRATEGY, POLITICAL CONNECTIONS AND COMPANY SIZE ON COMPANY VALUE <p><strong><em>Purpose</em></strong><em>&nbsp;- This study aims to test the Influence of Managerial Strategy and Political Connections as well as company size on Company Value using secondary data on banking companies listed on the Indonesia Stock Exchange from 2013 to 2021.&nbsp;</em></p> <p><strong><em>Design/Methodology/approach</em></strong><em>&nbsp;- The sample selection method used the purposive sampling method with several criteria resulting in 383 participants. In addition, this study used simple and multiple linear regression analysis techniques.</em></p> <p><strong><em>Finding</em></strong><em>&nbsp;- The results showed empirical evidence that the managerial strategy of a banking company cannot increase the value of the company. Political connections also have a negative value on company values. Political connections tend to get convenience facilities from the government to reduce the company's value. The size of the company can increase the value of the company.&nbsp;</em></p> <p><strong><em>Practical implications </em></strong><em>—</em> <em>This research can also provide input in making policies and regulations in Indonesia regarding managerial strategies, political connection practices, and company sizes related to company values.</em></p> <p><strong><em>Originality/value </em></strong><em>—</em><em>This research has implications for theoretical enrichment the agency is mainly concerned with the performance of companies with political connections. in addition, it provides enrichment of stakeholders' theories about managerial strategies towards company value by increasing company investment. </em></p> <p><strong><em>Keywords</em></strong> <em>—</em><em> Managerial strategy, Political Connections, Company Size, Company Value</em></p> <p><strong><em>Paper Type:</em></strong><em>&nbsp;Quantitative Research</em></p> Wiwik Saraswati Eko Ganis Sukoharsono Erwin Saraswati Arum Prastiwi Copyright (c) 2022 The International Journal of Accounting and Business Society 2022-12-01 2022-12-01 30 3 11 27 CREATING SPIRITUAL VALUE: THE ISLAMIC WAY TO INTEGRATE ENVIRONMENTAL AND SOCIAL RESPONSIBILITIES <p><strong>Purpose </strong>— <em>While previous social and environmental accountability (SEA) research has been focused on company scenarios, in non-profit organizations (NPO), SEA has received little attention.</em> <em>This study focuses on traditional Islamic organizations as one of NPO that provide commodities and services with the goal of increasing social value for the community at large. Accordingly, the current study aimed to develop a theoretical framework by elaborating the value system of main Islamic teachings to highlight the spiritual value of social and environmental consciousness and action</em></p> <p><strong>Design/methodology/approach </strong>— <em>By employing the phenomenology approach through a way of interviews with several leaders as key persons in Al-Huda, this study found four major contributions were added to the existing literature.</em></p> <p><strong>Findings </strong>— <em>First, the belief of tauhid (Islamic monotheism) as the most fundamental aspect of the emotional spirit of social and environmental behavior. Second, the analysis shows that social and environmental responsibility was attached to personal responsibility. Third, the social and environmental responsibilities were aimed mostly to protect the Islamic faith (aqidah). Fourth, analysis shows that accountabilities were not only for management and public purposes (horizontally) but also, on worship aspects (vertically).</em></p> <p><strong>Practical implications </strong>— <em>This case study emphasizes forms of social and environmental responsibility that are specific to Islamic entities, which may not be the case in other entities.</em></p> <p><strong>Originality/value </strong>— <em>It shifts extrinsic goals such as economic motivation, profit, and business reputation in social and environmental activities into intrinsic as well as inherent moral responsibility.</em></p> <p><strong>Keywords </strong>— <em>Social and Environmental Sustainability</em><em>;</em> <em>Tauhid</em><em>; </em><em>Worship</em><em>;</em><em> Holistic.</em></p> <p><strong>Paper type </strong>— <em>Case study</em></p> Fidiana Fidiana Nur Handayani Endang Dwi Retnani Copyright (c) 2022 The International Journal of Accounting and Business Society 2022-12-01 2022-12-01 30 3 28 48 COVID-19 PANDEMIC'S EFFECT ON PERFORMANCE AND ACCELERATION OF PERFORMANCE RECOVERY: A STUDY ON MANUFACTURING INDUSTRY IN BANGLADESH <p><strong>Purpose – </strong><em>The main aim of this study is to examine the effect of COVID - 19 pandemic compared to during and after this pandemic on manufacturing sectors in Bangladesh. </em><em>In the aforementioned context, there are some issues taken as the specific objectives:</em></p> <p><strong>&nbsp;</strong></p> <p><strong>Methodology – </strong><em>The study is conducted on the </em><em>manufacturing sectors</em><em> listed under Dhaka Stock Exchange (DSE).&nbsp; The target population of the study is 42 manufacturing companies out of 153 listed in Dhaka Stock Exchange (DSE). Four research variables have been used for evaluating the financial performance and financial position of sample companies. Documentary analysis, </em><em>descriptive analysis, d</em><em>ata normality test, and Wilcoxon Signed – Rank Test </em><em>are used to evaluate the hypothesis. </em><em>The years of annual reports 2018 - 2019 to 2020 – 2021 have been used for documentary analysis of financial performance and financial position of sample companies. </em></p> <p>&nbsp;</p> <p><strong>Findings – </strong><em>The study's conclusions demonstrate that this pandemic significantly impacted Bangladeshi companies' financial performance (essentially ROA and ROE) at a 5% level of significance as compared to before the pandemic. The recovery growth rate of financial performance of sample companies have been increased optimistically and growth of liquidity position of manufacturing companies also seen in good position after COVID -19 pandemic compared to the during COVID -19 pandemic based on Wilcoxon statistical test tool.</em></p> <p>&nbsp;</p> <p><strong>Practical implications </strong>— <em>Considering that the COVID-19 epidemic has greatly impact the import process of raw materials for production from China in specific as well as from other countries generally, the study advised the government of Bangladesh to boost its logistic and financial support for local facility of raw materials.</em></p> <p><strong>&nbsp;</strong></p> <p><strong>Originality/ Value – </strong><em>The findings of this study can be used as a source of relevant data by investors or future investors for their investment decisions in near future. The findings of this study will assist the government in determining or preparing the appropriate tax incentives scheme for the impacted industries and whether the correct sector would profit from the tax incentive scheme.</em></p> Golam Shahria Copyright (c) 2023 The International Journal of Accounting and Business Society 2022-12-01 2022-12-01 30 3 49 80 DETERMINANTS OF THE USE OF AGENCY LEVEL FINANCIAL APPLICATION SYSTEMS (SAKTI): DEVELOPMENT OF THE UMEGA MODEL <p><strong>ABSTRACT</strong></p> <p><strong> </strong><strong>Purpose </strong>— <em>This study examines and analyzes the effect of performance expectancy, effort expectancy, social </em><em>influence</em><em>, perceived risk, information quality, system quality, attitude, intention to use, and use of SAKTI.</em></p> <p><strong>Design/methodology/approach </strong>—<em>Data was obtained through online questionnaires filled out by 149 users operator level of SAKTI. The analysis method used is Structural Equation Modeling/SEM with a Partial Least Square/PLS test tool.</em></p> <p><strong>Findings </strong>— <em>Empirical evidence shows that performance expectancy, social </em><em>influence</em><em>, perceived risk, information quality, system quality, attitude, intention to use, and use of SAKTI affect attitude toward using SAKTI. Intention </em><em>to </em><em>use the </em><em>application </em><em>affect</em><em>s the</em><em> use of SAKTI. </em></p> <p><strong>Practical implications </strong>— <em>The SAKTI application will be accepted and used if it increases employee performance, is easy to use, the environment affects usage, is secure to use, generates information that is simple for users to comprehend, and has a good network infrastructure. Application providers can use this research to determine SAKTI usage behavior. </em></p> <p><strong>Originality/value </strong>— <em>This study develops the UMEGA model to determine the acceptance of the SAKTI application based on attitudes, interests, and usage of the SAKTI application. </em></p> <p><strong>Keywords </strong>— <em>Accounting; System; SAKTI; UMEGA; and Use of SAKTI</em></p> <p><strong>Paper type </strong>— <em>Case study</em></p> <p><strong> </strong></p> Mohammad wildan khabibi Eko Ganis Sukoharsono Rosidi Rosidi Copyright (c) 2022 The International Journal of Accounting and Business Society 2022-12-01 2022-12-01 30 3 81 102 WORKPLACE SELF-CARE NETWORKS IN THE LITERATURE FROM 2019 TO 2022 <p><strong>Purpose </strong>— <em>The document explores the literature published from 2019 to 2022 regarding occupational self-care. It proposes that the risks and contagion, illness, and death reduced the accidents and illnesses in the local occupational field. </em></p> <p><strong>Design/methodology/approach </strong>— <em>A documentary, cross-sectional, exploratory, and correlational study was conducted with a sample of findings published in journals indexed to international repositories, considering the keywords "self-care" and "COVID-19" in the period from 2019 to 2022. </em></p> <p><strong>Findings </strong>— <em>A structure of neural networks was found that reflects learning from the literature regarding the intensification of information related to the pandemic, infections, diseases, and deaths in the workplace. </em></p> <p><strong>Practical implications </strong>— <em>The findings allow the design of a workplace communication and risk prevention policy. Such guideline corresponds to biosafety policies in organizations in case of contingencies. </em></p> <p><strong>Originality/value </strong>— <em>The study's contribution to the state of the matter lies in establishing a research agenda on occupational health and self-care in the face of health crises, risks, and contingencies. </em></p> <p><strong>Paper type </strong>— Case study</p> Cruz García Lirios Copyright (c) 2022 The International Journal of Accounting and Business Society 2023-01-03 2023-01-03 30 3 103 116 The REVEALING TRADER'S SUSTAINABILITY IN THE LOK BAINTAN’S FLOATING MARKET <p><strong>ABSTRACT</strong></p> <p><strong>Purpose </strong>— <em>This paper </em><em>revealed the trader’s sustainability in Lok Baintan’s floating market using an interpretive paradigm and the religionist phenomenological approach</em><em>.</em></p> <p><strong>Design/methodology/approach </strong>— <em>a religionist phenomenology approach (which developed Husserl’s transcendental with religionist paradigm) was taken by conducting in-depth interviews and site observation. Some relevant literature has also been taken to sharpen the maps of findings.</em> </p> <p><strong>Findings </strong>— <em>The result states that Lok Baintan’s floating market has sustainability supported by religious values. The value became a basic value for traders to survive in. </em><em>Those traders believe that everything has its own fortune and has been arranged by God. This belief made them keep enlivening and trading along the river in the Lok Baintan’s floating market. </em></p> <p><strong>Practical implications </strong>— <em>The belief that God has arranged all beings' fortune has led the traders to give up on the conditions of nature’s environment where they lived. This made them survive and enliven the Lok Baintan’s Floating Market.</em></p> <p><strong>Originality/value </strong>— <em>This paper convinces that religious values and beliefs influence Banjarese (local people) to keep their simple life lasting until now. Nowadays, this considers the key to sustainability in the Lok Baintan Floating Market.</em></p> Sirajudin Iwan Triyuwono Imam Subekti Roekhudin Copyright (c) 2022 The International Journal of Accounting and Business Society 2022-12-01 2022-12-01 30 3 117 128 DOES INCOME-INCREASING EARNINGS MANAGEMENT ENHANCE TAX AGGRESSIVENESS? THE MODERATING ROLE OF THE CORPORATE GOVERNANCE MECHANISM <p><strong>Purpose </strong>— <em>This study examines and analyzes the effect of income-increasing accrual and natural earnings management on tax aggressiveness with institutional ownership as a moderating variable.</em></p> <p><strong>Design/methodology/approach </strong>— <em>The research population is manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2017 to 2019. The research sample selection method used is the purposive sampling method. There are 84 observations (firm-year) for income-increasing</em><em> accrual earnings management and 81 observations (firm-year) for income-increasing natural earnings management. Data analysis is conducted using Moderated Regression Analysis (MRA).</em></p> <p><strong>Findings </strong>— <em>As predicted, this study finds a positive effect of income-increasing accrual earnings management and a negative effect of income-increasing natural earnings management on tax aggressiveness. However, this study cannot prove that institutional ownership moderates the relationship between income-increasing accrual and income-increasing natural earnings management on tax aggressiveness.</em></p> <p><strong>Practical implications </strong>— <em>Our study can be used as evidence for the Directorate General of Taxes and the Financial Services Authority that implementing good corporate governance in companies may not necessarily reduce the practice of tax and financial reporting aggressiveness. This can be used as a reference for improving Indonesia's tax and accounting regulations and policies.</em></p> <p><strong>Originality/value </strong>— <em>This study presents income-increasing accrual and natural earnings management activities as well as corporate tax aggressiveness activities in manufacturing companies in Indonesia. Hopefully, this can be used as an evaluation to improve existing tax and accounting regulations and policies in Indonesia.</em></p> Vina Zalfaa' Sari Atmini Copyright (c) 2022 The International Journal of Accounting and Business Society 2022-12-01 2022-12-01 30 3 129 148