Assessing the impact of Environmental, Social, and Governance (ESG) performance on corporate profitability: The moderating role of firm size

This study aims to empirically test the extent to which environmental performance, social performance and governance performance can affect company profitability and empirically test the ability of company size to moderate the influence of environmental performance, social performance and governance performance on company profitability. This study was conducted on non-financial companies listed on the Indonesia Stock Exchange. The independent variables in this study are environmental performance, social performance and governance performance where data were obtained from Refinitiv Eikon. The dependent variable in this study is company profitability. The moderating variable in this study is company size. The sampling technique used was purposive sampling technique and obtained a sample of 61 companies or 294 total observations. The data analysis technique was carried out using Moderated Regression Analysis. The results of the analysis empirically show that environmental performance, social performance and governance performance have a positive effect on profitability. Company size is able to moderate the positive effect of environmental performance. Company size cannot moderate the effect of social performance and governance performance on profitability. This study can help companies understand the importance of integrating ESG risks into planning and decision-making.&nbsp

Firm value: Analysis of capital structure, capital intensity, and cash holding in transportation and logistics listed companies

This study aims to provide empirical evidence by analyzing the influence of capital structure, capital intensity, and cash holding on firm value in transportation and logistics companies listed on the Indonesia Stock Exchange during the 2020 2024 period. The variables examined in this study include capital structure, capital intensity, cash holding, and firm value. Data were collected through documentation and literature studies. The study population consisted of 60 transportation and logistics companies that were previously or are currently listed on the Indonesia Stock Exchange during the 2020–2024 period. The sample was determined using purposive sampling, resulting in 17 transportation and logistics companies with 85 observations over five years. Panel data regression analysis was employed with the assistance of STATA 17 software. The results indicate that, partially, capital structure has a significant negative effect on firm value, capital intensity has no significant effect on firm value, and cash holding has a significant positive effect on firm value

Institutional ownership as a moderator: Exploring the effect of investment opportunities and business risk on dividend policy

This study aims to examine the effect of investment opportunity and business risk on dividend policy, as well as the moderating role of institutional ownership in these relationships. The research is grounded in the pecking order theory and the clientele theory. The population comprises companies listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023 in the healthcare, basic materials, consumer non-cyclicals, industrials, and consumer cyclicals sectors. A total of 311 firms were selected using a non-probability purposive sampling method. Data were collected through non-participant observation by downloading financial reports from the official IDX website (www.idx.co.id), and analyzed using Moderated Regression Analysis (MRA). The results indicate that both investment opportunity and business risk have a negative effect on dividend policy. Furthermore, institutional ownership strengthens the negative effect of business risk on dividend policy. However, institutional ownership does not moderate the relationship between investment opportunity and dividend policy. These findings support the pecking order theory in terms of internal financing preferences and the clientele theory regarding how dividend policies may vary based on the preferences of majority shareholders, particularly institutional investors

Enhancing financial performance through fintech: The mediating role of financial literacy and inclusion

This study investigates the mediating roles of financial literacy and financial inclusion in the relationship between fintech and MSME financial performance in Denpasar City. Employing a quantitative associative design, the research utilized an online questionnaire to collect data from 130 MSMEs using fintech services, selected through snowball sampling. Data analysis was performed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS version 3. The results indicate that while fintech does not directly and significantly impact MSME financial performance, it significantly and positively influences both financial literacy and financial inclusion. Crucially, financial literacy was found to have a positive and significant effect on MSME financial performance, and it significantly mediated the relationship between fintech and MSME financial performance. Conversely, financial inclusion did not have a significant effect on MSME financial performance, nor did it significantly mediate this relationship. These findings highlight the critical importance of enhancing financial literacy among MSMEs to maximize the benefits of fintech adoption and improve their financial performance

Stakeholder pressure and manufacturing firm profitability: The mediation effect of environmental performance

This study aims to examine the role of environmental performance in mediating the effect of stakeholder pressure on corporate profitability, with firm size as a control variable. Stakeholder theory is employed as the grand theory, while legitimacy theory serves as the supporting theory. This research was conducted on manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2023. The sample was determined using a purposive sampling technique, resulting in 922 observation data. Data collection was carried out through non-participant observation by downloading data from the companies’ official websites and the IDX website. The analytical technique used was Partial Least Squares (PLS) analysis, employing the WarpPLS program. The findings indicate that environmental pressure, customer pressure, and investor pressure have a positive effect on a company’s environmental performance, whereas employee pressure has a negative effect. Furthermore, environmental pressure, customer pressure, and employee pressure have a positive effect on corporate profitability. In addition, environmental performance can mediate the effect of environmental pressure, customer pressure, and employee pressure on the profitability of manufacturing companies

Decoding IPO underpricing: How auditor reputation moderates key influencing factors

The purpose of this study is to examine the factors influencing stock under-pricing in companies conducting Initial Public Offerings (IPOs) on the Indonesia Stock Exchange (IDX) during the period 2020–2024, with auditor reputation as a moderating variable. The population consists of companies that went public on the IDX between 2020 and 2024. The sample was selected using purposive sampling, resulting in 177 companies. The collected data were analysed using SPSS software with the Moderated Regression Analysis (MRA) method. The empirical findings indicate that the Debt-to-Equity Ratio (DER) has a significant effect on under-pricing. In contrast, Return on Assets (ROA), Earnings per Share (EPS), and firm size do not significantly influence under-pricing. Furthermore, statistical testing shows that auditor reputation does not moderate the effects of ROA, DER, EPS, and firm size on under-pricing

Does self-efficacy, adversity intelligence, and career development effect interest in obtaining a certificate in accounting, finance, and business?

This study aims to examine the influence of self-efficacy, adversity intelligence and career development on interest in obtaining Certification in Accounting, Finance, and Business (CAFB). Theory of Planned Behavior and expectation theory in the context of career development are used as a theoretical basis in this study to explain the effect of self-efficacy, adversity intelligence, and career development on interest in obtaining CAFB. This study used a sample of 180 students of the Master of Accounting Study Program at Universities in Bali. The sampling method used is non-probability sampling. This study uses primary data derived from the results of questionnaire answers that have been distributed to respondents. The analysis technique in this study uses a Structural Equation Modeling (SEM) approach based on Partial Least Squares. The results of the analysis show that self-efficacy, adversity intelligence, and career development have a significant positive influence on interest in obtaining CAFB

Study of the influence of transformational leadership on team satisfaction and performance in hybrid organisations

This study aims to examine the influence of transformational leadership on team satisfaction and performance in hybrid organisations through a literature review. This study was conducted by reviewing and analysing various research results, scientific articles, and relevant literature discussing the relationship between transformational leadership, job satisfaction, and team performance in the context of hybrid organisations. The results of the literature review indicate that transformational leadership, through dimensions such as ideal influence, inspirational motivation, intellectual stimulation, and individual consideration, consistently contributes positively to improving job satisfaction and team performance. In addition, the creative and collaborative work environment created by transformational leaders strengthens team member engagement, innovation, and adaptation to change. These findings emphasise the importance of developing transformational leadership in hybrid organisations to create a productive, adaptive, and sustainable work culture

The effect of perceived usefulness and perceived ease of use on purchase intention: The mediating role of customer attitude

This study investigates the factors influencing purchase intention for digital travel applications, specifically Traveloka, through the lens of the Technology Acceptance Model (TAM). Employing a quantitative approach with 150 Traveloka users in Denpasar City as the sample, the research examines the direct effects of Perceived Usefulness and Perceived Ease of Use on Purchase Intention, and the mediating role of Customer Attitude. Data will be analyzed using PLS-SEM via SmartPLS software. Findings indicate that both Perceived Usefulness and Perceived Ease of Use  positively influence Purchase Intention. Customer Attitude also significantly impacts Purchase Intention, with results confirming its partial mediation between Perceived Usefulness  and Perceived Ease of Use on Purchase Intention. This research enriches TAM by emphasizing that positive cognitive perceptions must translate into a favorable emotional attitude to fully drive consumer buying intent. Practically, developers should prioritize intuitive design, efficient features, and robust customer engagement

The impact of green logistics on sustainable economic development in Vietnam

Logistics has long been regarded as a key factor in facilitating the flow of the economic value chain, contributing to the construction and enabling of timely goods delivery and service provision, meeting customer needs and expectations. However, logistics activities have also posed considerable environmental challenges - an issue that has been widely acknowledged and recognized as one of the core obstacles to achieving sustainable development, particularly evident in urban areas. In practice, logistics has made positive contributions to the transportation system, giving rise to the concept of "Green Logistics" - which aims to promote environmentally friendly solutions. This article focuses on Green Logistics and the environmental impacts associated with the logistics industry, while analyzing how logistics managers can proactively implement sustainable initiatives by integrating environmental management principles into the decision-making process. Finally, the article will examine the practical situation in Vietnam to highlight that the path toward developing Green Logistics still faces numerous challenges ahead