The purpose of this study is to analyze the effect of Corporate Social Responsibility disclosure on firm value and the moderating role of Independent Commissioners in energy sector companies listed on the Indonesia Stock Exchange for the 2023–2025 period. The increasing demand for business sustainability encourages companies, particularly in the mining sector, to demonstrate their social and environmental accountability. This study uses a quantitative method with moderated regression analysis using Eviews 12 software, with a sample of 91 companies selected through purposive sampling. Firm value is measured using Tobin's Q, Corporate Social Responsibility disclosure is measured using the GRI Standards index, and Independent Commissioners are measured based on their proportion of the total board of commissioners. The results show that CSR has a negative and significant effect on firm value indicating that investors in the mining sector tend to view Corporate Social Responsibility expenditures as a cost burden. In addition, Independent Commissioners are not proven to moderate the relationship between Corporate Social Responsibility and firm value reflecting that the existence of independent commissioners is still formal and ineffective as a monitoring mechanism.

Asset misappropriation is one of the most frequent and financially destructive types of occupational fraud, particularly in the public sector. Nevertheless, the behavioral and governance mechanisms contributing to this fraud have not received much attention in existing studies. Therefore, this study aims to evaluate the determinants of asset misappropriation by employing the Fraud Diamond Theory, which comprises elements of pressure, opportunity, rationalization, and capability. Furthermore, the analyses also explore the moderating role of Fraud Risk Assessment (FRA) as a detection-oriented governance mechanism, where its positive correlation with misappropriation is hypothesized to indicate increased detection capacity rather than control failure. Data obtained from 312 respondents from public organizations in Indonesia were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The findings reveal that opportunity and capability significantly influence asset misappropriation, while pressure and rationalization show no significant effect. Meanwhile, FRA serves a dual role: 1) it positively affects asset misappropriation through improved detection; and 2) it negatively moderates the relationship between opportunity and asset misappropriation. This reflects the effectiveness of FRA in limiting the exploitation of weak controls. By elucidating FRA’s dual role in governance and detection, this study contributes to the fraud theory and carries practical implications for the enhancement of fraud management through integrated surveillance, audit coordination, and real-time risk analytics.

Type of the article: Research Article AbstractThis study examines the influence of fraud awareness, person-organization fit, perceived behavioral control, and Jawara culture on whistleblowing intentions regarding fraudulent procurement of goods and services. The sample of this study includes members of the Selection Working Group (Pokja) for the Procurement of Goods and Services at the Regency/City level in Banten Province. Data collection was carried out by distributing questionnaires, either directly or online, from March to May 2025, using the saturated sampling method, resulting in 101 valid responses. The hypotheses were validated using PLS-SEM. The findings showed that fraud awareness (β = 0.531, p = 0.000), person-organization fit (β = 0.259, p = 0.000), perceived behavioral control (β = 0.265, p = 0.007), and Jawara culture (β = 0.228, p = 0.000) positively influenced whistleblowing intentions. Internal factors in the form of fraud awareness, person-organization fit, and perceived behavioral control, in addition to external factors in the form of Jawara culture, positively affect whistleblowing intentions. This paper offers substantial insights into accounting, especially in dealing with whistleblowing intentions regarding fraudulent procurement of goods and services in government organizations of Indonesia. This study implies that local governments need to intensify comprehensive fraud awareness training programs, socialize the organization’s vision and mission, and socialize the whistleblowing system to all civil servants. The government can leverage the distinctive values of Jawara culture to encourage whistleblowing among civil servants who handle the procurement of goods and services. AcknowledgmentsSultan Ageng Tirtayasa University, Ministry of Higher Education, Science, and Technology of the Republic of Indonesia.

This research aims to investigate the level of IT adoption and compliance with SAK EMKM. A qualitative interpretive phenomenological paradigm was employed to explore the level of IT adoption and compliance with SAK EMKM in the financial reporting of MSMEs in the Borobudur area. The results disclosed the low level of IT adoption and compliance caused by SAK EMKM being too complex, irrelevant to the business scale, and having limited resources and low technical capabilities. This research contributes to the accounting research literature, revealing the perspectives of SAK EMKM, as well as integrating IT adoption with applicable standards, particularly in the Borobudur area.

Although previous narrative and systematic reviews have examined Strategic Management Accounting (SMA), bibliometric science mapping has not yet been used to quantitatively analyse its intellectual structure. This research addresses this gap by providing the first dedicated bibliometric analysis of SMA, utilising 212 Scopus-indexed publications from 1990 to 2026. Through keyword co-occurrence network analysis and thematic mapping, the study investigates the growth trajectory, intellectual foundations, and thematic landscape of SMA scholarship. The field demonstrates sustained moderate growth (CAGR 7.3%, moderating to 6.1% through 2025), with customer accounting, strategic costing, and balanced scorecard identified as the core themes. A significant and previously unquantified gap is revealed: SME-related keywords account for less than one percent of all keyword occurrences, and only nine articles (4.2%) explicitly address SMA in SME contexts. This positions SMEs as a peripheral research frontier, despite their considerable economic importance in developing economies. This study contributes the first data-driven intellectual map of SMA scholarship and a structured research agenda for advancing SMA in SME and developing-country contexts.

This study rethinks governance and sustainability by introducing transcendental accountability as a governance logic that extends beyond procedural compliance and audit-based control. While dominant governance frameworks emphasize efficiency, transparency, and measurable performance (Gélinas, 2025; Qerimi et al., 2025), such approaches often marginalize moral intention and spiritual responsibility. Drawing on a narrative–interpretive research design, this study examines the lived experiences of Ustad and administrators within an Indonesian pesantren (Islamic boarding school), a faith-based institution that deliberately resists bureaucratic formalization. The findings reveal a three-layered structure of accountability—silent, relational, and transcendental—rooted in the ethical concepts of amanah (sacred trust) and ikhlās (sincerity). Rather than functioning as an external control mechanism, accountability operates as an internal moral orientation shaped by religious consciousness and communal obligation. By positioning religion as an integral cultural pillar of sustainability, the study extends contemporary governance frameworks to include religion-based accountability as a source of moral endurance and institutional legitimacy. The study concludes that conscience-based accountability offers a viable alternative governance logic capable of sustaining ethical integrity in faith-based and mission-driven institutions, particularly where formal control mechanisms are limited.

This study examines the relationship between each dimension of green intellectual capital namely, green human capital, relational capital, and structural capital as well as green accounting information, and quality in decision-making. A simple random sampling technique was used to select a sample of 185 manufacturing companies in Bali Province, Indonesia for this study. Questionnaires were sent to CEOs of companies chosen as part of the data collection process. Data analysis using SEM-PLS with WarpPLS 8.0 software. All aspects of green intellectual capital have a positive and significant relationship with the quality of decision-making. Additionally, green accounting information also reveals a significant positive relationship with decision-making quality. The findings suggest that intangible green assets and relevant environmental information become a strategic component in enhancing managerial decisions, especially in supporting sustainability goals. This study contributes to extending the natural resource-based view into decision-making theory by uniquely integrating green intellectual capital and green accounting information into a unified framework to enhance organizational decision-making. These findings confirm the relevance of integrating green intellectual capital and green accounting information in decision-making process, providing a model that other companies and regions can adapt and utilize.

Objective: This study aims to examine the influence of green mindfulness, green intellectual capital, and green ambidexterity on sustainability performance to achieve sustainable development goals. Theoretical Framework: The theories underlying this research are the natural resource-based and intellectual capital-based views. Method: The study employs a positivist paradigm to explore the relationship between social phenomena, mainly green practices in SMEs in developing countries like Indonesia. Data were collected through questionnaires sent to CEOs of SMEs in Bali Province, Indonesia. A total of 109 SMEs participated in this study. Data analysis utilized SEM-PLS using WarpsPLS 8.0 software. Results and Discussion: The results indicate that both green mindfulness and green intellectual capital have a significant positive effect on green ambidexterity. Additionally, a significant positive relationship exists between green ambidexterity and sustainability performance. Research Implications: The findings provide theoretical implications that support the natural resource-based view and the intellectual capital-based view, confirming that green practices—specifically green mindfulness, green intellectual capital, and green ambidexterity—benefit sustainability performance. Practically, the study suggests that SME owners and managers should invest in green practices and develop green strategies, focusing not only on short-term profits but also on overall sustainability. Originality/Value: This study develops a sustainability performance model focusing on the context of SMEs, which are often underrepresented in discussions on green practices. The findings underscore the importance of green practices in daily operations to maintain performance. This study extends previous studies by introducing new insights from developing countries, representing significant empirical and theoretical advances in green management.

Detecting potential financial reporting fraud in the IDX-listed real estate and property firms between 2019 and 2023, this study applies the Fraud Pentagon Theory. Five components of fraud are identified by the model: leverage as a proxy for pressure, poor monitoring as a proxy for opportunity, rationalization as a proxy for auditor changes, capacity as a proxy for board changes, and hubris as a proxy for CEO duality. Family ownership is employed as a moderating variable to ascertain if it strengthens or weakens the correlation between financial statement fraud and the Fraud Pentagon components. SPSS version 25 was utilized to perform the logistic regression analysis in this quantitative investigation. The 58 businesses that comprise the sample were chosen through the use of purposeful sampling. The results show that while poor monitoring and auditor changes have a considerable favorable influence on financial statement fraud, leverage, board changes, and CEO duality have no discernible effect. Furthermore, family ownership cannot reduce the impact of other factors on fraud; it can only reduce the association between board changes and financial statement fraud. These results suggest that family ownership is not always effective in preventing financial statement fraud, especially in companies with high leverage or weak internal monitoring. This study recommends that future research consider other relevant variables for analyzing financial statement fraud. Keywords: Fraud Pentagon, Financial Statement Fraud, Family Ownership

This study aims to obtain empirical evidence regarding the big five personality traits of each auditor and their ability to detect fraud, assisted by digital forensics. The study involves several auditors from the Central BPK RI. The Theory of Planned Behavior (TPB) is used as the main theoretical foundation of this research because TPB is a behavioral theory that arises from the intention to behave and reflects the individual's traits and the abilities of a profession (auditor) to make decisions based on their work results, which is a form of behavioral attitude. Additionally, digital forensics is applied in this study as a moderating variable, expected to enhance the auditors' ability to detect fraud and weaken the relationship between certain Big Five personality traits of the auditors. This quantitative research uses the Structural Equation Modelling Partial Least Square (SEM-PLS) analysis method. The independent variables in this study are openess to experience, conscientiousness, extraversion, agreeableness, and neuroticism. The dependent variable is the auditors' ability to detect fraud, and the moderating variable is the application of digital forensics. The survey method was conducted by distributing Google Form questionnaires, and 172 respondents were obtained. Data processing was done using SmartPLS 3.2.9 software. The analysis results show that openness to experience, conscientiousness, extraversion, agreeableness, and neuroticism influence auditors' ability to detect fraud, and the application of digital forensics has an impact on strengthening auditors' personalities with high scores on the dimensions of openess to experience, extraversion, conscientiousness and neuroticism.

Purpose: This research aims to analyze the factors influencing occupational fraud in the Indonesian banking sector through the lens of New Fraud Star Theory, which extends fraud models by incorporating external scope, internal scope, and organizational culture elements. Methodology/approach: The research uses a mixed-method approach, utilizing both quantitative and qualitative data. Quantitative data was collected through questionnaires from 150 respondents across seven banks in the same region, using convenience sampling and analyzed using SmartPLS 4.0., while qualitative insights were gathered through semi-structured interviews with bank officials to provide deeper understanding of the quantitative findings. Findings: The research results show that pressure, opportunity, rationalization, and capacity significantly influence occupational fraud in a positive direction. Contrary to theoretical predictions, organizational culture demonstrates a positive relationship with fraud occurrence, particularly influenced by the local 'ewuh pakewuh' phenomenon, while external scope (punishment) and internal scope (whistleblowing mechanisms) show no significant deterrent effect on fraud occurrence. Practical and Theoretical contribution/Originality: This research extends fraud theory by revealing the complex interplay between fraud elements and cultural contexts in Indonesian banking, uniquely demonstrating how local cultural phenomena can undermine formal fraud prevention mechanisms. Research Limitation: The research object only uses convenience sampling and is geographically focused on a specific region in Indonesia, while the reliance on perception-based data may not fully capture actual fraud occurrences due to the sensitive nature of the topic.

Research Purposes. This study aims to examine the effect of salary, motivation, and organizational culture on auditor performance, with perceived organizational support as a moderating variable. Research Methods. This research uses a quantitative descriptive approach with a survey method. The sample used was 90 auditors who work in Semarang City. Data analysis was performed with multiple linear regression and moderated regression analysis (MRA). Data processing using IBM SPSS version 27 Research Results and Findings. The results showed that salary and motivation had a significant effect on auditor performance, and organizational culture had no effect on auditor performance. Meanwhile, perceived organizational support as a moderating variable shows that it strengthens motivation and organizational culture on auditor performance. However, the perceived organizational support variable cannot moderate the effect of salary on auditor performance. The practical implication of this research is that organizations, especially the Public Accounting Firm (KAP), need to pay more attention to efforts to increase the support felt by auditors.

Purpose: This study examines the evolution of zakat governance research, focusing on theoretical frameworks, methodologies, and contextual settings. Methodology/approach: A meta-narrative review guided by the RAMESES protocol is conducted using Scopus-indexed articles. Findings: Analyzing 23 Scopus-indexed articles, the study reveals significant research growth since 2011, particularly in Muslim-majority countries like Indonesia and Malaysia. However, critical gaps persist, including limited exploration of governance mechanisms such as digital technology integration, shariah audit, and risk management systems. Additionally, research remains reliant on quantitative methods and narrow theoretical perspectives. Practical implications: The findings offer actionable recommendations for improving zakat institutions' performance and fostering public trust, making this research a crucial reference for scholars, policymakers, and practitioners in Islamic social finance. Originality/value: To the best of our knowledge, this is the first study to review the governance of zakat institutions using a meta-narrative approach guided by RAMESES standards. This study provides a holistic synthesis of theoretical, conceptual, and methodological perspectives, employing relevant keywords and reputable databases.

Indonesia has a fairly high level of corruption. Whistleblowing is the right way to prevent corruption from happening. The study aims to analyze the factors that influence whistleblowing intentions, consisting of authentic leadership, procedural justice, distributional justice, interactional justice, information justice, and organizational commitment. The research samples are government officials of provinces, districts, and towns in Central Java. Sample determination techniques using purposive sampling techniques. The total sample is 195. The analytical method uses the partial least squares (PLS) method through a variance-based structural equation model (SEM) statistical test tool. We conducted data analysis using SmartPLS and applied verification analysis, which involved measuring the outer model, evaluating the structural model (inner model), and testing research hypotheses. The data analysis that has been carried out has found that authentic leadership’s positive influence on whistleblowing intentions needs to be supported. The effect of authentic leadership on procedural justice, distributional justice, interactional justice, information justice, and organizational commitment is supported. The influence of procedural justice, distributional justice, interactional justice, information justice, and organizational commitment to whistleblowing intentions cannot be denied. The positive effect of authentic leadership on whistleblowing intentions is mediated by procedural justice, distributional justice, interactional justice, information justice, and supported organizational commitment.

This study conducted a bibliometric analysis and systematic literature review (SLR) of scholarly literature on accountability in Zakat institutions, identifying future research directions. Data were retrieved from the Scopus and Web of Science (WoS) databases and limited to articles. Analysis was performed using VOSviewer and content analysis. The number of articles on accountability issues in zakat institutions compared to zakat literature is limited, with Indonesia and Malaysia being the most productive countries and England the most influential. Research on accountability in zakat institutions is categorised into four clusters, with varied practices observed. Accountability is primarily understood through perspectives of accounting, reporting, and disclosure, as well as dual accountability to God and humans and quantitative survey approaches. This analysis reveals the need for further research on accountability in the context of zakat institutions.

Firms with cross-border operations are highly exposed to foreign exchange risk, prompting the need for strategic financial decisions such as hedging. As primary decision-makers, CEOs significantly influence these risk management strategies. This study examines the effect of CEO characteristics-age, education, and work experience-on hedging decisions and evaluates the moderating role of top management team managerial ability in these relationships. Partial Least Squares Structural Equation Modeling (PLS-SEM) is used to test the model. The analysis is based on 91 firm-year observations from energy sector companies listed on the Indonesia Stock Exchange (IDX) during the 2016-2022 period. The results indicate that CEO age and education are positively associated with hedging decisions, while CEO work experience has a negative effect. Notably, managerial ability strengthens the positive influence of CEO age and CEO education on hedging decisions but does not significantly alter the relationship between CEO work experience and hedging.

For the company, the firm value shows how effectively the company's performance is achieved. While for investors, it is an indicator of how the market values the company. The high firm value indicates good company performance, giving a positive signal to investment decisions. This research aims to examine the effect of enterprise risk management (ERM), intellectual capital (IC), and corporate social responsibility (CSR) on firm value (FV). The technique analysis used Structural Equation Model with Partial Least Squares (SEM-PLS) to process 162 annual reports from 54 manufacturing companies listed on the Indonesia Stock Exchange in 2018-2020. The research results indicated that ERM, IC, and CSR positively affected FV. The higher ERM, IC, and CSR values, the higher the FV. The originality of this research is in the research model that proved the effect of ERM, IC, and CSR disclosures on increasing FV. This research contributes to ERM, IC, CSR and FV literature. The ERM mechanism can help management identify and unlock synergies by aggregating and sharing all company data and risk factors and evaluating them in a consolidated format. It is supported by the company's intangible assets, namely IC and the implementation of CSR activities. Thus, manufacturing companies should always be committed to managing ERM, IC, and CSR. The government needs to consistently encourage the implementation of ERM through mitigating risk activities (COSO ERM and ISO 31000) and improve social disclosure regulations through GRI (Global Reporting Initiative), ISO (International Organization for Standarzation) 26000, and SDGs (Sustainable Development Goals) to achieve the company's sustainability in the future.

This study intends to experimentally demonstrate the impact of audit committee features on Environmental, Social, and Governance (ESG) performance in companies listed on the Indonesia Stock Exchange. The study specifically looks at how the number, tenure, independence, expertise, and frequency of audit committee meetings can impact ESG performance. A sample of the companies comprised in the Bloomberg database was used to gather information on the audit committee’s composition and ESG performance. With a total of 288 observations covering the years 2018 to 2021, the sample consists of 72 firms. According to the study’s conclusions, the size of audit committees and their level expertise have a positive impact on ESG performance. However, the length of the audit committee’s term, independence, and the frequency of audit committee meetings do not significantly impact ESG performance. These findings highlight the critical oversight functions that audit committees perform in maintaining a company’s commitment to all stakeholders and show that businesses typically follow social norms and international standards. Keywords: audit committee characteristics, ESG performance, corporate governance

Purpose: This study investigates the determinants of financial statement fraud from the perspectives of fraud pentagon theory. It is important to study the issue within the context of state-owned companies (BUMN) as stakeholders pay a lot of attention on the companies. Method: This research is quantitative one, with a logistic regression analysis of the 16 BUMN's financial statements listed on the Indonesian Stock Exchanges for the period of five years (2018-2022). The F-Score model is adopted to measure the indications of fraudulent statement of the companies. Findings: The findings show that the five components of fraud pentagon theory do not fully determine the the indication of fraudulent financial statements of the companies. Only financial targets (FT) and CEO duality (CEOD) show significant values with negative relationship. This implies that on the context of BUMN, the five components of fraud pentagon theory do not play important roles in triggering fraudulent financial statements. Originality/Value: This paper stands out for being one of the few studies analyzing the arrogance component of fraud Pentagon theory using CEO duality. Most of previous studies on Pentagon fraud utilize CEO photographs to represent arrogance and result in inconsistent findings. Thus this paper extends current studies on the importance of using CEO duality as a proxy of arrogance.