Jurnal Reviu Akuntansi dan Keuangan

Does Financial Technology Lending and Financial Literacy Affect Crime? Evidence From Indonesia

Mon, 21 Oct 2024 00:00:00 +0700

Purpose: This research aims to investigate the relationship between FinTech Lending and Financial Literacy on Crime (fraud, embezzlement, and corruption). This research provides knowledge about the impact of FinTech Lending which can increase crime and financial literacy which can reduce crime.

Methodology/approach: This study employs panel data consisting of 34 provinces in Indonesia with observations in 2019 and 2022 due to data availability. The secondary data used was collected from official Indonesian government institutions (OJK and BPS). To achieve the purpose, a quantitative approach and panel data regression analysis methods are applied. Panel data provides more variability, less collinearity among variables, and more degrees of freedom. This can lead to more efficient estimators and more precise inference of model parameters. Based on the Hausman test, the estimated model is Random Effects (RE).

Findings: The results of this research show that FinTech Lending has a significant positive impact on the growth of crime, while Financial Literacy has a negative impact on the growth of crime. This indicates that as the use of FinTech Lending increases, crime rates also increase, and higher levels of Financial Literacy help reduce the growth of crime.

Practical implications: The results of this research can be used as material for consideration by the government in creating a comprehensive legal framework through the establishment of a Law on FinTech.

Originality/value: To the best of the researcher's knowledge, this research is the first research to investigate the influence of FinTech Lending and Financial Literacy on Crime Rates in Indonesia using a quantitative approach, whereas previous research used a qualitative approach.

Determinants of Firm Value: The Role of Corporate Social Responsibility as Moderation

Dida Maulidya Al Afshana, Maretha Ika Prajawati — Mon, 21 Oct 2024 00:00:00 +0700

Purpose: Examine and offer empirical evidence on how financial decisions, namely investment decision, funding decision, and dividend policy affect firm value, with Corporate Social Responsibility (CSR) as a moderation.

Methodology/approach: This study employs quantitative research methodology alongside Moderated Regression Analysis (MRA) method using SPSS analysis tool. Data used are financial reports and sustainability reports. Population for this research is manufacturing firms operating in primary consumer goods sector within beverage and processed food industry that are publicly listed on the Indonesia Stock Exchange (BEI) during period 2021 to 2023 with a total of 42 firms. Sampling involved purposive sampling, resulting in a sample of 6 firms.

Findings: Results of this research reveal that investment decision and funding decision positively impact firm value significantly, whereas dividend policy doesn’t demonstrate any influence on firm value. CSR is unable to moderate the relationship between how investment decision, funding decision, and dividend policy on firm value.

Practical implications: This research provides benefits for new knowledge in the field of management, especially financial management in the application of scientific studies related to investment decisions, funding decisions, dividend policies and company value and can be a guide and consideration for companies in making decisions so they can maximize company value.

Originality/value: This research uses Corporate Social Responsibility (CSR) as a moderating variable which is measured by CSRDI.

Understanding of MSME Owners in Sidoarjo Regency in The Preparation of Financial Statements Based on SAK EMKM

Duwi Rahayu, Aisha Hanif, Geulis Shifa Chofifah — Mon, 21 Oct 2024 00:00:00 +0700

Purpose: This study examines the effect of education level, educational background, business age, business scale, and information and socialization on the understanding of Micro, Small and Medium Enterprises (MSMEs) actors in preparing financial statements based on the Indonesian Financial Accounting Standards (SAK) for EMKM. This study focuses on MSMEs that are members of the Sidoarjo Food and Beverage Association (ASMAMINDA) in Sidoarjo Regency.

Methodology/approach: This research uses quantitative research methods. The data used in this study are primary data collected through distributing questionnaires directly to respondents. The population in this study were 60 participants consisting of administrators and members of ASMAMINDA UMKM. The sampling technique used in this study was saturated sampling. The data analysis technique used in this research is multiple linear analysis.

Findings: The findings of this study indicate that the level of education does not affect the understanding of SAK EMKM. Likewise, educational background does not affect the understanding of SAK EMKM, as well as business age. However, business scale has a significant effect on the understanding of SAK EMKM. In addition, the provision of information and socialization has a significant impact on the understanding of SAK EMKM.

Practical Implications : This research provides practical implications for MSMEs to increase understanding of SAK EMKM as the responsibility of MSME actors in preparing financial reports.

Originality/ Value : This study analyzes the effect of education level, educational background, business age, business scale, and information and socialization on the understanding of Micro, Small and Medium Enterprises (MSMEs) incorporated in the Sidoarjo Food and Beverage Association (ASMAMINDA).