Journal of Economics, Management, and Accounting
Scripta Economica: Journal of Economics, Management, and Accounting is a scientific journal that publishes research articles, empirical studies, and theoretical reviews in the fields of economics, management, and accounting. This journal aims to serve as an academic platform for researchers, lecturers, students, and practitioners to develop and disseminate high-quality, relevant, and applicable scientific ideas and findings to address the challenges of today's economy and business.
An Assessment of the Impact of the Mandalika Special Economic Zone (SEZ) on Regional Economic Growth in West Nusa Tenggara Province: A Difference-in-Differences Approach
The Mandalika Special Economic Zone (SEZ) was established as a place-based development policy to stimulate regional economic activity in West Nusa Tenggara (NTB), yet quantitative evidence on its growth impact remains limited. This study examines whether the activation of the Mandalika SEZ affected economic growth in Central Lombok relative to other districts/municipalities in NTB. The analysis applies a Difference-in-Differences (DiD) approach using annual panel data for 10 regions over 2014–2024, defining Central Lombok as the treated unit and the remaining regions as controls, while controlling for HDI, population, unemployment, and investment. The estimates show a positive Treat × Post coefficient, but the effect is not statistically significant in both the baseline and two-way fixed effects specifications. Overall, the findings suggest that within the observed period, the Mandalika SEZ has not yet produced a statistically robust growth differential in real GRDP per capita for the host region relative to comparison areas.
Difference-in-Differences, Kawasan Ekonomi Khusus, PDRB, Pertumbuhan Ekonomi, Spillover Effect.
Copyright (c) 2026 Nisrina Yasyfi Mumtaz (Author) https://creativecommons.org/licenses/by/4.0
Organizational Adaptation Strategy: A Case Study of Digital Transformation in Manufacturing Companies
This study examines organizational adaptation strategies in digital transformation within manufacturing firms through a qualitative interpretative library research design grounded in a critical constructivist epistemology. Drawing on systematically selected and thematically synthesized scholarly literature, the analysis integrates operational, structural, leadership, and human resource perspectives to explain how organizations respond to digital disruption. The findings demonstrate that successful digital transformation depends on the coherence between adaptive operational practices, flexible organizational structures, digitally oriented leadership, and continuous workforce capability development. Fragmented or technocentric approaches are shown to generate limited performance gains and organizational resistance. The study further highlights the relevance of dynamic capability theory in explaining how sensing, seizing, and reconfiguring processes enable sustainable adaptation. By synthesizing diverse empirical and conceptual contributions, this article advances an integrative framework that clarifies the mechanisms linking digital transformation and organizational performance in manufacturing contexts. Methodologically, the study contributes by offering a transparent and replicable approach to theory-driven literature synthesis.
Organizational Adaptation, Digital Transformation, Manufacturing Industry, Dynamic Capabilities, Organizational Performance.
Copyright (c) 2026 Arief Saptono, Devi Lestari (Author) https://creativecommons.org/licenses/by/4.0
Village Financial Management and Civil Servant Competency: Implementation of SISKEUDES Based on Permendagri Number 20 of 2018
This study examines village financial governance and the competence of village officials in implementing the Village Financial System (SISKEUDES) based on the Indonesian Minister of Home Affairs Regulation Number 20 of 2018. Using a qualitative descriptive approach, the research focuses on how human resource capacity and task distribution influence the effectiveness of SISKEUDES implementation. The findings indicate that although the application has supported orderly budgeting, administration, and reporting, operational practices remain highly dependent on the village financial officer as the main system operator. Village heads and secretaries generally understand financial procedures conceptually but lack sufficient technical skills to operate SISKEUDES independently. This imbalance creates administrative vulnerability, particularly during periods of high workload or technical disruption. The study also shows that limited competency distribution affects accountability, efficiency, and continuity of village financial management. Strengthening technical capacity across officials, improving internal coordination, and optimizing task allocation are essential to enhance SISKEUDES performance. Efective implementation of SISKEUDES requires not only regulatory compliance but also sustainable human resource development to ensure transparent, accountable, and resilient village financial governance..
Village Financial Management, SISKEUDES, Human Resource Competence, Accountability, Permendagri No. 20 of 2018.
Copyright (c) 2026 Marcella Aullia Jayadi, Tries Ellia Sandari (Author) https://creativecommons.org/licenses/by/4.0
Implementation of Good Governance in Promoting the Achievement of SDGs through the Utilization of Village Funds: A Case Study of Janti Village, Waru, Sidoarjo
This study examines the implementation of good governance in encouraging the achievement of Sustainable Development Goals (SDGs) through Village Fund utilization in Janti Village, Waru District, Sidoarjo Regency. A descriptive qualitative approach was employed, using in-depth interviews, direct observation, and document analysis of RPJMDes, RKPDes, APBDes, and accountability reports. The findings indicate that village fund management has complied with regulatory procedures and applied core principles of good governance, particularly transparency, accountability, and community participation. These practices have contributed to the achievement of several SDGs indicators, including poverty reduction, improved public health, quality education, gender equality, economic growth, infrastructure development, environmental resilience, and institutional strengthening at the village level. However, the overall achievement of SDGs Village remains suboptimal due to limited human resource capacity, insufficient technical understanding of SDGs indicators, and budgetary constraints. This study concludes that while good governance provides a strong institutional foundation, the effectiveness of SDGs achievement depends on the availability of competent human resources, adequate funding, and strategic prioritization aligned with SDGs indicators. Strengthening village capacity and targeted policy support are therefore essential to ensure sustainable and inclusive rural development.
Good Governance, Village Fund, SDGs Village, Rural Development, Village Governance.
Copyright (c) 2026 Della Erdiana, Muhammad Taufiq Hidayat (Author) https://creativecommons.org/licenses/by/4.0
Effectiveness of the Implementation of Village Financial Information Systems Based on Sidoarjo Regent Regulation Number 7 of 2020: A Study in Pulungan Village
This study aims to analyze the effectiveness of implementing the Village Financial Information System (SISKEUDES) based on Sidoarjo Regent Regulation Number 7 of 2020, with a case study in Pulungan Village, Sedati District, Sidoarjo Regency. A descriptive qualitative approach was employed to obtain an in-depth understanding of how SISKEUDES supports village financial governance. Primary data were collected through semi-structured interviews with village officials directly involved in financial management, while secondary data were obtained from official documents and relevant regulations. The findings indicate that the implementation of SISKEUDES has significantly contributed to improving transparency, accountability, and efficiency in village financial management. The system facilitates orderly administration, accurate financial reporting, and easier supervision and auditing processes. However, several challenges remain, particularly related to the technical capacity of village officials, system stability, and the need for continuous training. SISKEUDES has proven to be an effective instrument for strengthening village financial governance, provided that it is supported by competent human resources and consistent institutional assistance from local governments.
SISKEUDES, Village Finance, Accountability, Transparency, Local Regulation
Copyright (c) 2026 Kristiana Greta Calosa, Maulidah Narastri (Author) https://creativecommons.org/licenses/by/4.0
Accountability of Village Funds for Development Improvement through Permendagri No. 130 of 2018 in Ampel Village, Surabaya City
This study aims to analyze the accountability of village fund management in supporting local development in Ampel Village, Surabaya City, in accordance with Ministry of Home Affairs Regulation Number 130 of 2018. Using a qualitative descriptive approach, the research examines accountability across key stages of fund management, including planning, implementation, administration, reporting, and evaluation. Data were collected through in-depth interviews, direct observation, focus group discussions, and document analysis involving village officials and community representatives. The findings indicate that accountability at the planning stage has been implemented through participatory mechanisms, although community involvement has not been fully optimized. The implementation and administrative stages demonstrate compliance with technical guidelines and financial procedures, supported by adequate documentation and internal control. Reporting and evaluation processes are conducted in a timely and transparent manner, enabling public oversight and institutional learning. Overall, the accountability of village fund management has contributed positively to improving the quality of development outcomes and strengthening public trust. However, enhancing participatory planning and systematic evaluation remains essential to ensure sustainable and inclusive local development.
Accountability, Village Fund, Local Development, Public Finance, Governance.
Copyright (c) 2026 Ayu Asari, IBK Bayangkara (Author) https://creativecommons.org/licenses/by/4.0
Sharia Crowdfunding as an Instrument of MSME Financial Inclusion in Indonesia: Development, Challenges, and Regulatory Implications
Sharia crowdfunding has gained increasing attention as an alternative financing mechanism capable of supporting MSME financial inclusion in Indonesia’s Islamic economic framework. This study aims to analyze the development of Sharia crowdfunding, identify key challenges in its implementation for MSME financing, and examine the resulting regulatory and institutional implications. Employing a qualitative research approach, the study utilizes in-depth interviews, document analysis, and literature review to capture perspectives from regulators, platform operators, Sharia authorities, investors, and MSME actors. The findings indicate that Sharia crowdfunding contributes to expanding access to capital through ethical, risk-sharing, and technology-based financing models, while remaining consistent with Islamic principles. However, its implementation is constrained by limited financial literacy, dual regulatory compliance demands, governance standardization issues, MSME capacity limitations, and investor risk perceptions. The study further reveals that effective regulatory harmonization, strengthened Sharia supervision, and institutional coordination are critical to ensuring sustainability and credibility. These findings underscore the role of Sharia crowdfunding as a complementary instrument for inclusive economic development and provide policy-relevant insights for strengthening Indonesia’s Islamic fintech ecosystem.
Sharia crowdfunding, MSME financing, financial inclusion, Islamic fintech, regulation
Copyright (c) 2026 Bunga Dwi Fani Ritonga, Saparuddin Siregar, Maryam Batubara (Author) https://creativecommons.org/licenses/by/4.0
The Influence of Customer Experience, E-Wom, and Service Recovery on Customer Loyalty at Chobite in Sidoarjo Regency
This study aims to analyze the effect of customer experience, electronic word of mouth (e-WOM), and service recovery on customer loyalty at Chobite Sidoarjo. This research employs a quantitative approach using a survey method, with data collected through questionnaires distributed to customers of Chobite Sidoarjo. The sampling technique used was purposive sampling, while data analysis was conducted using SPSS, including validity tests, reliability tests, classical assumption tests, multiple linear regression analysis, and hypothesis testing. The results indicate that customer experience, e-WOM, and service recovery simultaneously have a positive and significant effect on customer loyalty. Partially, each independent variable also shows a significant influence on customer loyalty. These findings suggest that positive customer experiences, digital consumer communication, and effective service recovery practices play an important role in building and maintaining customer loyalty.
Customer Experience, Electronic Word Of Mouth, Service Recovery, Customer Loyalty
Copyright (c) 2026 Sofia Nur Ajizah, Ida Ayu Sri Brahmayanti (Author) https://creativecommons.org/licenses/by/4.0
Analysis of the Influence of Electronic Word of Mouth, Brand Image, and Price Perception on the Interest in Purchasing Secret Number Music Albums Among Generation Z K-Pop Music Fans
K-pop music is currently one of the most popular types of music among Indonesian people, especially Gen-Z, so that the interest in buying music albums among Gen-Z continues to increase along with the increasing influence of digital media and Korean cultural trends in Indonesia. This study aims to determine the effect of electronic word of mouth, brand image, and price perception on the interest in buying Secret Number music albums among Generation Z kpop music fans. The sample of this study amounted to 100 respondents. The sampling technique used was the purposive sampling method. This study uses primary data. The tests carried out include validity tests, reliability tests, classical assumption tests, multiple linear regression analysis, partial t-tests, simultaneous f-tests, and coefficient of determination tests. The results of the study show that the variables of electronic word of mouth, brand image, and price perception influence the interest in buying Secret Number music albums among Generation Z kpop music fans, and the most dominant variable influencing the interest in buying is the price perception variable.
Brand Image, Electronic Word Of Mouth, Purchase Intention, Price Perception, Generation Z.
Copyright (c) 2026 Ragil Yong Sen Dwi Putra, Endika Perdana (Author) https://creativecommons.org/licenses/by/4.0
The Influence of Electronic Word of Mouth, Customer Experience, and Price Perception on Consumer Loyalty at Fishing Masis Driyorejo Gresik
This study aims to analyze the effect of Electronic Word of Mouth (E-WOM), customer experience, and price perception on consumer loyalty at Fishing MaSis Driyorejo, Gresik Regency. This research employs a quantitative approach using a survey method. Data were collected from 100 respondents who were customers of Fishing MaSis Driyorejo through the distribution of questionnaires using a five-point Likert scale. The sampling technique applied was purposive sampling, while data analysis was conducted using multiple linear regression with the assistance of SPSS version 25. The results indicate that, partially, customer experience and price perception have a positive and significant effect on consumer loyalty, whereas Electronic Word of Mouth does not have a significant effect. However, simultaneously, E-WOM, customer experience, and price perception have a significant effect on consumer loyalty. The coefficient of determination shows that these three independent variables explain 74.8% of the variation in consumer loyalty, while the remaining percentage is influenced by other factors outside the scope of this study. These findings emphasize that customer experience and price perception are dominant factors in shaping consumer loyalty in fishing tourism destinations and should therefore be the main focus of management and marketing strategies.
Electronic Word of Mouth, Customer Experience, Price Perception, Constumer Loyalty
Copyright (c) 2026 Helminatus Sholicha, Estik Hari Prastiwi (Author) https://creativecommons.org/licenses/by/4.0
Omnichannel Strategy and Customer Retention: Analysis of the Modern Retail Industry in Indonesia
This study analyzes omnichannel strategy as an integral component of marketing management in enhancing customer retention within the Indonesian modern retail industry. The acceleration of digital transformation has reshaped consumer purchasing patterns, leading to increased expectations for seamless interactions across physical and digital channels. This research employs a quantitative explanatory approach supported by empirical evidence and official industry data to examine the relationship between omnichannel implementation and customer retention outcomes. The findings indicate that well-integrated omnichannel strategies strengthen customer experience consistency, improve relationship quality, and foster repeat purchase behavior. From a marketing management perspective, omnichannel integration enables firms to optimize the marketing mix, align communication strategies, and manage long-term customer relationships more effectively. These results highlight the strategic importance of managerial coordination across channels in achieving sustainable customer loyalty and maintaining competitiveness in the modern retail sector.
Omnichannel strategy, customer retention, marketing management, modern retail, customer experience.
Copyright (c) 2026 Anur Rahmah Tiawulandari, Ikraman, Indah Sofia Ningsih (Author) https://creativecommons.org/licenses/by/4.0
The Role of Brand Image and Influencer Endorsement on Purchase Interest in Whitelab Products
This study was motivated by the rapid growth of the beauty industry in Indonesia and the increasing competition among local skincare brands, one of which is WhiteLab, which requires a deeper understanding of the psychological and symbolic factors that influence consumer purchasing decisions. The focus of this study is to analyze the influence of brand image and influencer endorsement on the purchasing interest of WhiteLab products in Palembang City, both partially and simultaneously. The research uses a quantitative approach with a descriptive-associative design, involving 112 respondents who have used or are familiar with WhiteLab products, with data collection through questionnaires. Data analysis was performed using validity, reliability, classical assumptions, and multiple linear regression tests with the help of SPSS version 27. The results show that brand image has a positive and significant effect on purchase interest, where product quality perception, brand reputation, and consumer trust are the main factors, while influencer endorsement also has a significant effect through credibility, relevance, and communication appeal. Simultaneously, these two variables explain 65.4% of the variation in consumer purchase interest, confirming that a marketing strategy combining a strong brand image and credible influencers can increase loyalty and purchasing decisions.
Brand Image, Influencer Endorsement, Purchase Interest, Digital Marketing, WhiteLab
Copyright (c) 2026 Jasica Roeytashya, Alnov Martin, Griselda Tjandra (Author) https://creativecommons.org/licenses/by/4.0
The Role of Work Motivation, Job Satisfaction, and Organizational Commitment in Improving Employee Performance at Perum Bulog Surabaya Branch Office
This study aims to analyze the role of work motivation, job satisfaction, and organizational commitment in improving employee performance at Perum BULOG Surabaya Branch Office. The research uses a quantitative explanatory approach with a saturated sampling technique involving 72 employees as respondents. Primary data were collected through structured questionnaires and analyzed using multiple linear regression with SPSS version 25. The results show that work motivation has a positive and significant effect on employee performance, indicating that motivated employees tend to demonstrate higher productivity and responsibility. Job satisfaction is also proven to significantly influence performance, reflecting that employees who feel satisfied with their work conditions, compensation, and relationships are more likely to achieve better work outcomes. Furthermore, organizational commitment shows a significant positive effect on employee performance, highlighting the importance of emotional attachment and loyalty to the organization. Simultaneously, work motivation, job satisfaction, and organizational commitment contribute substantially to explaining variations in employee performance. These findings emphasize that psychological and attitudinal factors play a strategic role in enhancing employee performance and should be considered as a priority in human resource management practices within public sector organizations.
work motivation, job satisfaction, organizational commitment, employee performance, BULOG.
Copyright (c) 2026 Bayu Aji Nugroho, Krido Hary Gunawan (Author) https://creativecommons.org/licenses/by/4.0
E-Commerce Based Human Resource Management Strategies for the Development of Batik Fosil Widi Nugraha Ngawi Micro, Small, and Medium Enterprises
Micro, Small, and Medium Enterprises (MSMEs) based on local wisdom play a strategic role in supporting regional economic development while preserving cultural values. Batik Fosil Widi Nugraha MSME in Ngawi is a creative enterprise that adopts fossil-inspired batik motifs as its product identity; however, it still faces various challenges in business development, particularly in human resource management and the utilization of e-commerce. This study aims to analyze the development strategy of Batik Fosil Widi Nugraha MSME in Ngawi through e-commerce-based human resource management. This research employs a qualitative approach with a descriptive method. Data were collected through in-depth interviews, observation, and documentation involving the business owner and employees engaged in production and marketing activities. Data analysis was conducted using an interactive model consisting of data reduction, data display, and conclusion drawing, while data validity was ensured through triangulation techniques. The findings indicate that human resource management in Batik Fosil Widi Nugraha MSME remains informal and has not been systematically integrated with e-commerce utilization strategies. Although the use of e-commerce is still limited, it demonstrates significant potential in expanding market reach and enhancing business competitiveness. The recommended development strategies include improving employees’ digital competencies, restructuring work roles, integrating local cultural values into digital marketing, and strengthening collaboration with relevant stakeholders. This study emphasizes that e-commerce-based human resource management is a key factor in achieving sustainable development of culture-based batik MSMEs.
Human Resource Management, E-Commerce, Fossil Batik, Business Development.
Copyright (c) 2026 Lina sugiyanto, Rachmawati Koesoemaningsih, Khoyrul Anwar (Author) https://creativecommons.org/licenses/by/4.0
Analysis of the Impact of Banyuwangi Regency's Export Performance on the Indonesian Economy Based on Business Sectors in 2023 Using the Location Quotient (LQ) Approach
This study aims to analyze the economic structure and the level of industrialization in Banyuwangi Regency in 2023 using the Location Quotient (LQ) approach. The data used were obtained from the Central Bureau of Statistics (BPS), specifically the Gross Regional Domestic Product (GRDP) at current prices by industrial sector for both Banyuwangi Regency and East Java Province in 2023. The analysis shows that the manufacturing sector has an LQ value of 0.41, indicating that it is not a base sector in the region. In contrast, the base sectors include agriculture, forestry, and fisheries (LQ = 2.34), mining and quarrying (LQ = 1.85), construction (LQ = 1.55), and education services (LQ = 1.18). These findings indicate that Banyuwangi's economy still relies heavily on primary sectors and has not yet undergone a significant structural transformation toward a more industrial-based economy. Therefore, strategic efforts are needed to develop local industries based on regional resources and to enhance value-added production in order to promote more sustainable and inclusive industrialization.
Location Quotient, International Trade, Export, Base Sector, Banyuwangi.
Copyright (c) 2026 Kharisma Bintang M.T., Eksel Perdian Anggara , Dwi Arief Rahman , Rendra Kurniawan , Ignatius Edward Revalyno V.O , Arga Christian Sitohang (Author) https://creativecommons.org/licenses/by/4.0
MSME Digitalization Strategies to Improve Competitiveness and Business Performance in the Digital Economy Era
Digital transformation has become an important agenda for the development of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia in line with the increasing role of the digital economy in the national economic structure. This study aims to examine the digitalization strategies implemented by MSMEs, identify the obstacles faced in the digitalization process, and analyze their relationship with business performance. The research method used is a literature review by examining journal articles, official reports, and relevant scientific publications published in the last five years. The results of the study show that MSME digitalization strategies generally focus on increasing digital literacy, utilizing e-commerce platforms, optimizing social media as a marketing tool, and strengthening managerial support and organizational culture. The implementation of these strategies correlates with increased sales, operational efficiency, and market reach expansion. However, the digitization process still faces limitations in terms of resources, infrastructure, and organizational readiness. This study emphasizes that digitization is a strategic opportunity for MSMEs if it is supported by inclusive policies and capacity building for business actors.
Digitalization, MSMEs, Business Performance, Digital Marketing, Digital Economy
Copyright (c) 2026 Syifa Namira Nasution, Steven I.S.M Marbun, Trinita Siringoringo, Vita olivia Silalahi (Author) https://creativecommons.org/licenses/by/4.0
Exploring Strategies for Developing Tourism-Based Creative Economy to Improve the Competitiveness of Barru Regency
This study aims to explore creative economy development strategies based on tourism to improve the competitiveness of Barru Regency. The approach used is descriptive qualitative with exploratory and conceptual methods through secondary data analysis, literature studies, policy documentation, and indirect observation of regional creative economy and tourism development. The results show that Barru Regency has strong creative economy potential in the sub-sectors of performing arts, local cuisine, handicrafts, and tourism services that are integrated with cultural wealth and natural resources. Effective development strategies include strengthening destination-based creative economy clusters, empowering local communities, increasing human resource capacity, innovating creative products, and strengthening branding and market access. Tourism-based creative economy development also has positive implications for increasing community income, preserving local culture, strengthening regional institutions, and the sustainability of sharia-based economic development. This study confirms that tourism-based creative economy can be a strategic instrument in strengthening the region's sustainable competitiveness in Barru Regency.
Creative Economy, Tourism, Regional Competitiveness, Islamic Economy, Barru Regency.
Copyright (c) 2026 Ashey Yuniar, Magfiratul Jannah, Irma Irma, Moh. Taufik Saidul Akbar, Dewi Kurnia (Author) https://creativecommons.org/licenses/by/4.0
Spontaneous Economy Based on Physical Activities in Urban Public Spaces: A Case Study of the Saparua Sports Area, Bandung City
This study examines spontaneous economy based on physical activities in urban public spaces through a case study of the Saparua sports area in Bandung City. The research focuses on understanding how routine physical activities shape informal economic interactions within public spaces. A qualitative exploratory case study approach was employed using participatory observation and in-depth interviews to capture social interactions, economic practices, and spatial dynamics during morning sports activities. The findings indicate that the intensity and rhythm of physical activities significantly influence the emergence of spontaneous economic practices, particularly informal trading activities that align with users’ immediate needs. Repeated interactions between space users and informal vendors foster trust-based relationships that sustain economic exchanges without formal regulation. The study also reveals that flexible spatial arrangements, activity-based planning approaches, and inclusive public space management play a crucial role in supporting the sustainability of spontaneous economies. These results highlight that public spaces function not only as recreational areas but also as socio-economic infrastructures that contribute to local economic resilience. Integrating social and economic dimensions into public space planning is therefore essential for creating inclusive and adaptive urban environments.
Public Space, Informal Economy, Physical Activity, Social Interaction, Urban Planning.
Copyright (c) 2026 Mutiara Sabila, Sarah Zahr Aulia, Muhamad Rizky Apriyadi, Syafira Nur Tazillah, Silvya Sya’bani (Author) https://creativecommons.org/licenses/by/4.0
Coffee Plants as an Important Support for the Export Value of Indonesian Plantation Commodities
Coffee is one of Indonesia’s strategic plantation commodities with a substantial role in supporting national export performance. Beyond increasing global demand for Arabica and Robusta varieties, coffee exports demonstrate a close linkage with the overall dynamics of agricultural export values. This study aims to examine correlation between coffee export value and non-coffee agricultural export value in order to assess the strategic position of coffee as a supporting pillar of Indonesia’s plantation export sector. The research employs a quantitative approach using Pearson Product Moment correlation analysis based on monthly time-series data from January 2022 - December 2024. The variables analyzed include coffee export value (X), total agricultural export value excluding coffee (Y), along with their squared values and cross-products. The findings indicate coffee exports play a significant role in reinforcing stability of agricultural export performance. Integrated policy support and modernization of the coffee industry are therefore essential to sustain Indonesia’s competitiveness in the global market.
Coffe Export, Agricultural Exports, Pearson Corelation, International Trade, Plantation.
Copyright (c) 2026 Achmad Andi Leanado, M Aditya Ferdiansyah, Ikke Adelia Amanda, Shinta Putri Marvina, Alvine Wijaya UN, Arga Christian Sitohang (Author) https://creativecommons.org/licenses/by/4.0
The Role of Sustainability Reports in Introducing ESG Principles to Corporate Governance
Sustainability reports play an important role in introducing Environmental, Social, and Governance (ESG) principles into corporate governance by providing transparent information on sustainability performance covering environmental, social, and ethical governance aspects. This study uses a qualitative approach with literature studies, official reports, and company documentation as the main data sources, without using field or quantitative methods. The results show that sustainability reports can enhance a company's reputation, strengthen internal accountability, and build stakeholder trust, while also serving as a strategic tool in ESG-based decision-making. The data presented in the report enables the evaluation of long-term impacts, the identification of areas for improvement, and the strengthening of a sustainable corporate culture. In addition, sustainability reports encourage industry recognition and awards, which enhance a company's credibility in the public eye. With consistent and systematic publication, sustainability reports become an effective instrument for integrating ESG principles into corporate management strategies, ensuring long-term sustainability, and building effective communication with all stakeholders.
Sustainability Report, ESG, Corporate Governance, Sustainability, Transparency.
Copyright (c) 2026 Tiara Maulida Kharisma Dwi Cahya (Author) https://creativecommons.org/licenses/by/4.0
The Role of Sharia Code of Ethics in Mitigating Fraud Risk Amid the Acceleration of Digitalization of Sharia Financial Institutions in Indonesia
The digitization of Indonesian Islamic financial institutions presents opportunities for efficiency while increasing the risk of complex fraud. This study aims to analyze the role of the Sharia code of ethics in mitigating fraud risk in the era of digital transformation. The research method is descriptive qualitative with a literature study of previous research, official reports, and academic studies, which are analyzed to assess the effectiveness of the code of ethics as an instrument for fraud prevention. The results show that the internalization of Islamic codes of ethics through training, Sharia-based audits, and strengthening organizational culture significantly reduces the risk of internal and external irregularities. The integration of regulation, technology, and leadership supports the effectiveness of mitigation strategies, while customer education and digital monitoring strengthen service transparency. The Sharia code of ethics serves as a normative guideline and strategic instrument that can bring ethical, secure, and reliable governance to Sharia financial institutions. These findings emphasize the importance of a holistic approach to maintaining operational integrity amid the acceleration of digitalization.
Sharia Code of Ethics, Risk Mitigation, Fraud, Digitalization, Sharia Financial Institutions.
Copyright (c) 2026 Resky Amalia, Widia Natasya, Masyhuri Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
The Effect of Implementing the Accountant Code of Ethics on Audit Quality and Professional Accountability
This study aims to analyze the effect of the implementation of the code of ethics for accountants on audit quality and professional accountability. Audit quality is greatly influenced by the application of ethical principles, such as integrity, objectivity, competence, and independence, which form the basis for auditors in carrying out their duties. The research method used a qualitative approach with documentary analysis, exploring secondary data from official documents related to the implementation of the code of ethics and audit practices. The results show that consistent implementation of the code of ethics has a positive effect on audit quality, as it encourages auditors to act objectively, independently, and professionally. In addition, auditor accountability increases in line with compliance with the code of ethics, which strengthens the credibility of audit results. In conclusion, the implementation of a good code of ethics not only improves audit quality but also strengthens the professional accountability of auditors, thereby reinforcing public confidence in audited financial statements.
Audit Quality, Code of Ethics, Independence, Integrity, Professional Accountability
Copyright (c) 2026 Nur Imroatus Sholikah, Adinda Nibros Zahira Fasya, Tries Ellia Sandari (Author) https://creativecommons.org/licenses/by/4.0
Analysis of the Concept of Assets in Sharia Accounting Based on Ownership, Management Ethics, and Islamic Social Responsibility
The concept of wealth has a central position in Islamic accounting because it not only represents economic assets but also a trust that contains moral, social, and spiritual dimensions. This article aims to analyze the concept of wealth in Islamic accounting by emphasizing the integration of three main pillars, namely ownership, management ethics, and Islamic social responsibility. This study uses a descriptive qualitative approach based on a literature review of muamalah fiqh, Islamic economics, Islamic accounting standards (AAOIFI and PSAK Syariah), as well as classical and contemporary scientific articles. The results of the study show that ownership of wealth in Islam is relative and functional, where humans act as managers (khalifah), while absolute ownership belongs to Allah SWT. This concept requires the management of wealth based on sharia ethics, such as trust, honesty, justice, transparency, and avoidance of usury, gharar, and maysir practices. In addition, Islamic social responsibility is an inherent element in the concept of wealth, which is manifested through the obligations of zakat, infaq, sadaqah, waqf, and social disclosure based on Islamic Social Reporting (ISR). The findings of this study confirm that sharia accounting is not solely oriented towards achieving material profits, but is directed towards achieving benefits, blessings, and accountability to Allah SWT and society.
Concept of Wealth, Islamic Ownership, Islamic Social Responsibility, Management Ethics, Sharia Accounting.
Copyright (c) 2026 Ameliya Saputri, Nur Ain, Masyhuri Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Comparative Analysis of Justice Theory and Stakeholder Theory in Assessing Islamic Sharia Social Responsibility
This study aims to provide a comparative analysis of Justice Theory and Stakeholder Theory in assessing Islamic Sharia based social responsibility, particularly in the practices of Corporate Social Responsibility (CSR) and Islamic Social Reporting (ISR). The analysis is grounded in the conceptual divergence between a normative approach rooted in Islamic values of justice and an operational approach that prioritizes stakeholder interests. A qualitative method is employed through a comprehensive literature review of official Islamic banking reports, scholarly publications, and relevant prior studies. The findings indicate that Justice Theory emphasizes proportional distribution of benefits, vertical accountability to God, and the pursuit of maslahah as the fundamental objectives of Sharia-based economic activities, whereas Stakeholder Theory proves more adaptive in explaining corporate–stakeholder dynamics within modern business environments. However, the dominance of Stakeholder Theory without reinforcement of justice-based values risks reducing Islamic CSR to a mere instrument of legitimacy. Therefore, a synthesis of both theories is essential to construct a Sharia social responsibility framework that is equitable, operationally applicable, and sustainable.
Corporate social responsibility, Islamic accountability, Islamic social reporting, justice theory, stakeholder theory.
Copyright (c) 2026 Riri Sundari, Salwa Salwa, Masyhuri Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Feasibility Study Analysis of ASD Handmade Bracelet Accessories Business
This study aims to analyze the business feasibility of ASD Aksesoris, a handmade bracelet accessories enterprise, as part of the development of sustainability-oriented micro-enterprises. The research is grounded in the growing consumer interest in handmade accessories that offer aesthetic value, distinctive designs, and personalized character, which necessitates a comprehensive assessment of business feasibility prior to further expansion. The study employs a qualitative descriptive approach using a business feasibility analysis that encompasses market and marketing aspects, technical and operational aspects, as well as financial aspects, drawing on official reports and the enterprise’s actual operating conditions. The findings indicate that ASD Aksesoris possesses considerable market potential, supported by clear consumer segmentation and flexible marketing strategies. From an operational perspective, the production process is assessed as efficient and relatively easy to manage, while from a financial standpoint the business demonstrates the ability to generate profits with a relatively low level of financial risk. Overall, ASD Aksesoris is deemed feasible to operate and to further develop.
Business feasibility, Business finance, Feasibility study, Handmade accessories, MSME marketing.
Copyright (c) 2026 Mohamad Afrizal Miradji, Mohammad Ilham Ardiansyah, Surti Padu Leba, Diva Isabella Feoh, Fransiskus Didianus Saputra (Author) https://creativecommons.org/licenses/by/4.0
Evaluation of Labor Policy on Minimum Wages and the Risk of Exploitation in the Formal Industry
The minimum wage is a labor policy instrument designed to protect workers from labor market failures and improve welfare. However, in practice, this policy still leaves room for labor exploitation in formal industries. This study aims to evaluate the effectiveness of labor policies on minimum wage setting and their implications for labor exploitation risks. This study uses a qualitative economic approach with a descriptive-analytical design based on secondary data. Data were obtained through a literature review of economic labor literature, statistical reports, and relevant previous research results. The results and discussion show that the minimum wage does not yet fully function as an instrument of welfare protection, but rather tends to be a maximum wage limit due to the weak bargaining position of workers and an unbalanced labor market structure. These conditions create economic dependence and increase vulnerability to exploitative labor practices even in the formal sector. The conclusion of this study emphasizes that strengthening minimum wage policies in line with the cost of living and productivity, supported by effective monitoring mechanisms, is necessary to reduce the risk of exploitation and promote the creation of a fair and sustainable labor market.
Minimum Wage, Labor Policy, Labor Exploitation, Formal Industry, Labor Economics
Copyright (c) 2026 Restu Ramania (Author) https://creativecommons.org/licenses/by/4.0
The Role of Sharia Accounting in Building Trust and Financial Transparency for MSMEs in Tanete Riattang Subdistrict
The development of Islamic finance has encouraged the implementation of financial management systems based on the values of honesty, justice, and transparency, including in the Micro, Small, and Medium Enterprises (MSMEs) sector. As a strategic sector in the regional economy, MSMEs continue to face various challenges in financial management and reporting, which result in low levels of transparency and trust in business operations. This study aims to analyze the role of Islamic accounting in building trust and enhancing the transparency of MSMEs’ financial reports in Tanete Riattang District. The research employs a qualitative approach using a descriptive method. Data were collected through in-depth interviews with MSME actors and analyzed through data reduction, data presentation, and conclusion drawing. The findings indicate that the implementation of Islamic accounting plays an important role in building financial trust through honest, systematic, and accountable financial recording. In addition, Islamic accounting contributes to improving the transparency of MSMEs’ financial reports through information disclosure, consistency in transaction recording, and ease of access to financial reports for relevant stakeholders. The transparency and trust developed not only affect financial aspects but also foster a work culture that upholds ethical values and responsibility in accordance with the principles of maqāṣid al-syarī‘ah.
Financial, Islamic accounting, transparency, trust, MSMEs
Copyright (c) 2026 Nurfadilah Rahmadani, Zaskia Asmiranda, Masyhuri Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Sharia and Conventional Accounting: The Battle of Paradigms between Profit and Principles
This study examines the paradigmatic tension between Islamic accounting and conventional accounting, focusing on the contest between profit orientation and normative principles in financial reporting. Using a qualitative literature-based approach, the research analyzes academic studies, accounting standards, and empirical findings related to IFRS and AAOIFI. The findings indicate that the divergence between Islamic and conventional accounting is rooted in fundamentally different philosophical foundations regarding accountability, value creation, and the purpose of financial information. While conventional accounting prioritizes economic efficiency and shareholder interests, Islamic accounting emphasizes ethical responsibility, shariah compliance, and social accountability. The study further reveals that the implementation of Islamic accounting faces structural challenges due to the dominance of global standards, resulting in practical compromises in disclosure, governance, and reporting behavior. However, empirical evidence suggests that shariah-based standards contribute to lower earnings management, stronger governance, and broader social reporting. The paper argues that the future of Islamic accounting depends on its ability to reconstruct a coherent paradigm that integrates economic performance with normative values, supported by strong governance and adaptive institutional frameworks
Islamic accounting, conventional accounting, accounting standards, shariah governance, financial reporting.
Copyright (c) 2026 A. M. Rahmat Ramadhani Al Kautsar M., Rahmat Hidayat, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Analysis of the Harmonization of Sharia Accounting Standards with Sharia Principles to Strengthen Modern Financial Reporting Transparency
This study analyzes the harmonization of Islamic accounting standards with Sharia principles in strengthening the transparency of modern financial reporting. The discussion integrates conceptual analysis, empirical evidence from prior studies, and insights drawn from official regulatory and industry reports. The findings show that differences between IFRS and AAOIFI, particularly in recognition, measurement, and disclosure, have significant implications for transparency and comparability. Harmonization supported by strong Sharia governance improves reporting quality, limits earnings management, and enhances ethical accountability. Official reports further confirm that institutions adopting a balanced integration of global standards and Sharia-based guidelines demonstrate more credible financial information, better risk disclosure, and stronger public trust. The study highlights that harmonization is not merely a technical alignment but an institutional and normative process that connects global financial practices with Islamic values. This integration reinforces the role of financial reporting as a tool of accountability, sustainability, and legitimacy in the contemporary Islamic financial system.
Islamic accounting, Sharia principles, IFRS, AAOIFI, financial transparency.
Copyright (c) 2026 Nuraini Nuraini, Siska Asriana, Masyhuri Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
The Influence of E-Wallet Use, Peers, and Financial Literacy on the Financial Behavior of Students at the University of 17 Agustus 1945 Surabaya through Self-Control and Consumptive Behavior
The development of financial technology has driven significant changes in the financial behavior of students, particularly through the increasingly widespread use of e-wallets. On the other hand, students are also influenced by social factors such as peers and their level of financial literacy. This study aims to analyze the influence of e-wallet use, peers, and financial literacy on the financial behavior of students at Universitas 17 Agustus 1945 Surabaya, with self-control and consumptive behavior as mediating variables. This study uses a quantitative approach with a survey method. Data were collected through a Likert scale-based questionnaire and analyzed using Structural Equation Modeling (SEM). The results of this study are expected to provide a comprehensive picture of the factors that influence student financial behavior and the role of self-control and consumptive behavior in shaping that behavior. The findings of this study are expected to serve as a basis for educational institutions in designing programs to improve student financial literacy.
E-Wallet, Peers, Financial Literacy, Self-Control, Consumptive Behavior, Student Financial Behavior.
Copyright (c) 2026 Maulana Ikhrom Ababil, Hwihanus Hwihanus (Author) https://creativecommons.org/licenses/by/4.0