Journal of Governance Risk Management Compliance and Sustainability
The focus and scope of JRGCS are but not limited to Principles and theory of risk assessment and management, Risk assessment policy, standards and regulations, Risk-based decision making and risk management, decision making and decision support systems for risk and disaster management on regional and global scales, Risk perception and communications, Risk assessment and control, Risk characterisation, Dynamic risk assessment, Integration of risk models and quantifications, Advanced concepts and information technologies in risk assessment and management, Integrated, risk assessment and safety management, Integrated risk assessment in developing and rapidly developing countries, Socio-economic, scientific and integrated approaches to sustainable development which consist of covering some issues/topic on: Development and realization of national policies and international treaties for sustainable development, Implementation and monitoring of policies for sustainable development, Changing consumption and production patterns, Developments in cultural diversity, tradition, social systems, globalization, immigration and settlement, and their impact on cultural or social sustainability, Ethical and philosophical aspects of sustainable development Education and awareness of sustainability, Impact of safety, security and disaster management on sustainability, Health-related aspects of sustainability, System analysis methods, including life cycle assessment and management, Sustainable Chemistry, Sustainable utilization of resources such as land, water, atmosphere and other biological resources, New and renewable sources of energy, Sustainable energy preservation and regeneration methods, Quasi-environmental sustainability – short term measures and their long term effects, Effects of global climate change on development and sustainability.
Articles
43 Documents
<![CDATA[The Influence of Incentives and Non-Incentives Tax on Profit Management ]]>
<![CDATA[Mujennah Mujennah]]>;
<![CDATA[Safriansyah Safriansyah]]>;
<![CDATA[Kevin Tanu]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 1 No. 2 (2021): October ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (299.28 KB)
|
DOI: 10.31098/jgrcs.v1i2.701
<![CDATA[Disclosure of financial statement information for companies in Indonesia is very important, especially for stakeholders who do not have access to company information, especially in profit management, so that stakeholders are able to make the right decisions. Profit management is a managerial activity for management in influencing and interfering with financial statements. Public companies have benefited greatly because the effective tax rate of the company will become smaller so that the company is able to manage profits. Effective tax planning methods through tax incentives and non-tax incentives can help and provide convenience for companies in their profit management. Researchers want to find out how incentive taxes and non-incentive taxes affect profit management. The first results of the study showed that two variables of projected tax incentives with tax planning and deferred tax expense, as well as one variable non-incentive tax projected through leverage, had no effect on profit management. The second results of these studies showed that two other tax incentive variables were projected with the current tax expense and the number of shares paid, and the projection of one non-incentive variable of tax through variable capital intensity ratio had an effect on profit management. Researchers found difficulties when analyzing profit management since not all companies have positive test results against profit management values; there was a company with negative profit management values. The differences between this study to other researchers were the object and variable of research.]]>
<![CDATA[Financial Repression and Inequality towards Economic Growth during the Pandemic in Indonesia ]]>
<![CDATA[Riris Aishah Prasetyowati]]>;
<![CDATA[Endah Meiria]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 1 No. 2 (2021): October ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (417.207 KB)
|
DOI: 10.31098/jgrcs.v1i2.718
<![CDATA[Background – During the pandemic, the global economy was greatly affected, including Indonesia. Currently, Indonesian government expenditure is focused on overcoming the impact of the pandemic by implementing policies in various sectors that have a major impact on vulnerable communities. This causes widespread poverty, which is indicated by the occurrence of income inequality due to government policies through financial repression that possibly affects economic growth. Purpose – This study aims, first, to analyze the financial repression policies carried out by the Indonesian government during the pandemic (2019-2021 period) on Indonesia's economic growth as a developing country. The second objective is that the impact of financial repression carried out as a government policy will be studied more deeply on income inequality because most of the Indonesian population works in the informal sector. The third objective is to further analyze the relationship and impact of the two macroeconomic factors (financial repression and income inequality) simultaneously in the midst of a pandemic that affects economic growth in Indonesia. Design/methodology/approach – This study uses a quantitative and descriptive exploratory approach with secondary data. Data analysis used simultaneous equations with 2 Stage Least Square. Findings – The results of this study prove that income inequality and financial repression have no significant effect on the level of economic growth in Indonesia. However, in the opposite relationship, if the rate of economic growth is associated with the death rate of the population, which represents the condition of the COVID-19 pandemic, it shows a significant negative effect on the rate of economic growth and income inequality, as well as financial repression. Research limitations – This study is limited by the data period during the pandemic (late 2019 to July 2021) and the availability of data from the Badan Pusat Statistik (Central Bureau of Statistics) and the World Bank. Originality/value – The measurement of financial repression by the money supply and others, as a component of equation 1, and measurement of inequality using the Gini ratio or other poverty index as a component of equation 2. Both equations are linked to Indonesia's economic growth rate.]]>
<![CDATA[Analysis of Financial Distress in Measuring Bankruptcy Before and After The Covid-19 Pandemic ]]>
<![CDATA[Supitriyani Supitriyani]]>;
<![CDATA[Yansen Siahaan]]>;
<![CDATA[Astuti Astuti]]>;
<![CDATA[Juan Anastasia Putri]]>;
<![CDATA[Elly Susanti]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 1 No. 2 (2021): October ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (298.809 KB)
|
DOI: 10.31098/jgrcs.v1i2.719
<![CDATA[The increasing spread of the Covid-19 virus at this time has forced several company sectors to experience setbacks in their operations. This epidemic has had a major impact, especially on the Transportation Sub-Sector Companies because they have to make some adjustments to government regulations such as implementing health protocols and physical restrictions on travel to break the chain of virus spread. The regulation has an impact on the company's revenue decline and the potency to suffer losses that can result in bankruptcy. This study aims to determine the bankruptcy prediction of the Transportation Sub-Sector Companies listed on the IDX before and after the covid-19 pandemic and to find out the most accurate method. The sampling technique used was non-probability sampling with the purposive sampling technique. The method used is descriptive with a quantitative approach. The results of the hypothesis test show that there are differences in predictions between the Altman and Springate models in predicting bankruptcy before and after the covid-19 pandemic. The Altman model is the most accurate prediction with an accuracy rate of 85.75%, while the Springate model has an accuracy rate of 73%. The study focused on companies listed on the IDX and used two bankruptcy measurement models, so researchers are next expected to use the entire company and other existing bankruptcy prediction, models. In addition, some factors beyond the control of researchers, such as economic conditions that cannot be measured. The renewal of previous research is to use two methods of prediction of bankruptcy, different objects, and research time (before and after the covid-19 pandemic).]]>
<![CDATA[Research Trend of Digital Innovation in Banking: A Bibliometric Analysis ]]>
<![CDATA[Antonius Sony Eko Nugroho]]>;
<![CDATA[Mohammad Hamsal]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 1 No. 2 (2021): October ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (516.601 KB)
|
DOI: 10.31098/jgrcs.v1i2.720
<![CDATA[This paper aims to analyze research trends of Digital Innovation in Banking scientifically through bibliometric studies. Initial data were collected using Publish or Perish from 2011 to 2021 by searching for published papers indexed by Crossref, Google Scholar, Microsoft Academic, and Scopus database. The results show that scientific publications of Digital Innovation in Banking have increased gradually since 2016. The Scopus database is used because it contains journals and conference proceedings deemed more relevant by the academic community with detailed DOIs. VOSviewer and Microsoft excel were used as the tools to analyze co-authorship, co-occurrence, and citation obtained from the Scopus database. The visualization of the research trends of Digital Innovation in Banking resulted in three co-occurrence clusters leading to some of the topic areas mentioned in the results; 1) Digital Innovation in Banking related to the technology implementation and environmental innovations, 2) Digital Innovation in Banking business management in the world, and 3) Digital Innovation in Banking in relating to its effect and benefit to society. Technology is rapidly changing the financial services industry, especially banks. Digital innovation resulting from the use of digital technology will help banking improve customer experience and maintain banking performance. These study findings will help researchers recognize the research trends of Digital Innovation in Banking globally and suggest future research directions.]]>
<![CDATA[The Effect of Institutional Ownership, Managerial Ownership, and Deferred Tax Expense on Earnings Management ]]>
<![CDATA[Indra Kusumawardhani]]>;
<![CDATA[Sri Luna Murdianingrum]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 2 No. 1 (2022): April ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (361.635 KB)
|
DOI: 10.31098/jgrcs.v2i1.801
<![CDATA[Earnings are commonly used as one of the measuring instruments to determine firms’ performance. Earnings numbers indicated firms' ability to manage resources and earnings information will be used by users to make decisions related to firms' performance and tax collection. Earnings management practices are mostly influenced by the conflict of interest between principals and agents, but they can be minimized with good corporate governance. The objective of this research is to determine the effect of Institutional Ownership, Managerial Ownership, and Deferred Tax Expense on Earnings Management. Research samples were taken from 383 nonfinancial firms listed on the Indonesia Stock Exchange from 2017 to 2019 by using the purposive sampling technique. The independent variables used in this research were Institutional Ownership, Managerial Ownership, and Deferred Tax Expense, while the dependent variable was Earnings Management. Research results suggested that Institutional Ownership and Managerial Ownership affected Earnings Management, while Deferred Tax Expenses have no effect on Earnings Management]]>
<![CDATA[Determinant Taxpayers’ Compliance among Micro, Small, and Medium-Scale Enterprises In Jakarta, Indonesia ]]>
<![CDATA[Dewi Hargiyanti]]>;
<![CDATA[Eva Herianti]]>;
<![CDATA[Amor Marundha]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 2 No. 1 (2022): April ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (360.504 KB)
|
DOI: 10.31098/jgrcs.v2i1.862
<![CDATA[Micro, small, and medium-scale enterprises (MSMEs) are business sectors known to significantly contribute to employment. Therefore, it is necessary to enhance tax compliance among MSME players as they are reported to contribute to GDP by 60%. This study aims to analyze the effect of the tax fairness dimensions, self-assessment system, and income level on tax compliance among MSMEs in Thamrin City, Southeast Asia’s largest shopping center located in Jakarta, Indonesia. This research is a quantitative study using primary data by distributing questionnaires from May until August 2021 to taxpayers. To this end, a quantitative method was applied by collecting primary data from taxpayers then respondents in this study were recruited using the purposive sampling technique (n=95). The data were analyzed using SEM PLS with SmartPLS 3.0, showing that tax fairness dimensions (p-value of 0,014), self-assessment system (p-value of 0,019), and income level (p-value of 0,000). These results explain that the tax fairness dimension has a significant effect on Taxpayers' Compliance, the self-assessment system has a significant effect on Taxpayers' Compliance, a self-assessment system has a significant effect on Taxpayers' Compliance.]]>
<![CDATA[The Influence of Tax System Perception, Tax Justice, Tax Rate, Tax Audit, Discrimination on Tax Embroidery Behaviour ]]>
<![CDATA[Hamilah Hamilah]]>;
<![CDATA[Lydia Lydia]]>;
<![CDATA[Henni Henni]]>;
<![CDATA[Gusmiarni Gusmiarni]]>;
<![CDATA[Reschiwati Reschiwati]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 2 No. 1 (2022): April ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (421.94 KB)
|
DOI: 10.31098/jgrcs.v2i1.881
<![CDATA[This study intends to define and analyze the perceived effects of the tax system, tax justice, tax rates, tax audits, and discrimination on tax evasion behavior. Tax Evasion is the dependent variable here. In contrast, the independent variables are the perception of the taxation system, tax justice, tax rates, tax audit, and discrimination. The study has a population consisting of individual taxpayers enlisted at the Depok Sawangan Tax Office. The convenience sampling technique is used to select respondents. This research uses a quantitative method to obtain data from questionnaire instruments. The results of data analysis have been done by utilizing Structural Equation Modeling (SEM). Tax justice and tax audit had a significant effect on tax evasion behavior, while tax rates, taxation systems, and tax discrimination had no significant effect on tax evasion behavior, according to the study's findings.]]>
<![CDATA[MSME Business Owners: Determining and Differentiating Their Perceived Quality of Tax Services Rendered by Accounting Firms ]]>
<![CDATA[Arnold Valencia Salcedo]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 2 No. 1 (2022): April ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (421.13 KB)
|
DOI: 10.31098/jgrcs.v2i1.885
<![CDATA[Even at the time of pandemic, tax services rendered by accounting firms remain essential in every country as it facilitates business owners comply with the strict requirements set by tax regulatory agencies. While most studies involve large and complex business organizations in determining the prescribed factors that affect the quality of tax services (Dinh and Do, 2020), the perceptions of Micro, Small and Medium enterprises (MSMEs) are as equally important. With thirty-one (31) selected MSMEs in Angeles City, Central Luzon, Philippines as respondents, it was found out that effectiveness yielded the highest tax service quality component, followed by professionalism, tangibles and lastly, empathy. Further, annova tests revealed that there is no significant difference on the perceptions of MSMEs based on their profile except on the quality component of effectiveness (.05>.049) where there is a significant difference based on the form of business organization with higher level of perceptions coming from corporations compared to sole proprietors. Likewise, significant differences were found in terms of the number of years having tax engagement with an accounting firm. Those with more than five years of engagement have slightly lower perception on both professionalism (.05>.029) and effectiveness (.05>.012) compared to those having five years or less. Business owners who also perform administrative functions perceived both professionalism (.05>.002) and empathy (.05>.000) higher compared to those who are only owners. As suggested, effectiveness can be further demonstrated through establishing strategic busy season plans and maintaining clear and consistent communication lines with clients. Tax practitioners must also be able to empathize with their clients specially in difficult times such as the pandemic such that accounting firms must also invest in virtual platforms and latest software technology, while occupying a physical office fosters legitimacy of the firm.]]>
<![CDATA[An Analysis of The Effect of Online Banking on Bank Performance in Indonesia ]]>
<![CDATA[Swesti Mahardini]]>;
<![CDATA[Santi Kurnia]]>;
<![CDATA[Yusuf Maura]]>;
<![CDATA[Pandu Haryanto]]>;
<![CDATA[Yohn Piter Barus]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 2 No. 1 (2022): April ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (259.881 KB)
|
DOI: 10.31098/jgrcs.v2i1.904
<![CDATA[Technology has become a necessity, including in financial institutions which are the backbone of economy, it can help to improve service delivery, simplify investigations, improve banking performance, and save transaction time. It is expected that the bank can expand its services not only limited to receiving and sending cash. As a result, it is very important to assess the performance of banks as they are in a critical position of the globalization period. The study aims to analyze the effects of internet banking, mobile banking, and automated teller machines on bank performance as measured by asset returns, from commercially listed banks in Indonesia. The study uses quantitative methods and panel data analysis. The study used secondary data in the form of company annual reports. The samples used purposive sampling methods from the banking industry that met the criteria and were listed on the Indonesia Stock Exchange. Data analysis uses multiple regression methods. The tool used is Eviews 10 statistics program. The results showed internet banking had a significant negative effect, mobile banking and ATM have a significant positive effect on bank performance. Overall internet banking, mobile banking, and ATM simultaneously have a significant effect on banking performance. The study limits 36 samples of commercial banks registered in 2016-2020 and there are 3 independent variables and 1 dependent variable in analyzing bank performance. The study explains that not all banks implement a comprehensive internet banking in alternate of mobile banking.]]>
<![CDATA[Foreign Debts and Exchange Rate in Nigeria: The Stepwise Regression ]]>
<![CDATA[Babatunde Bunmi Osifalujo]]>;
<![CDATA[Najeem Ayodeji Isiaka]]>;
<![CDATA[Oluwaseun Kayode Taiwo]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 2 No. 2 (2022): October ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (1693.073 KB)
|
DOI: 10.31098/jgrcs.v2i2.909
<![CDATA[The considerable argument on the relationship between foreign debt and exchange rate remains debatable among the researchers. Various conclusions had been drawn with different methodology and variables considered in the existing studies. Therefore, this study investigated the relationship between foreign trade and exchange rate in Nigeria for the period of 30years between 1990 and 2019. The study relied on a secondary source of data gathered through CBN statistical bulletin 2020 version. Foreign debt was strictly represented with multilateral debt, bilateral debt, Paris club and London club debt while exchange rate was considered as a dependent variable. Stepwise regression and vargranger were considered for the analysis and revealed that multilateral debt, Paris club and London club debt are the major debt positively influencing exchange rate fluctuation while bilateral debt has a negative relationship. Also, multilateral debt, bilateral debt and London club debt have a significant impact on exchange rate compared to Paris club debt with insignificant impact on exchange rate. Various models analyzed in the study show Multilateral debt remains significant in the entire model while bilateral debt became insignificant in model 4 and Paris club debt is not significant in Model 4 and 5. The granger causality test revealed that exchange rate does not influence multilateral debt but multilateral debt influences exchange rate. The study concluded that foreign debt has a significant relationship with the exchange rate. Therefore, the study recommends the government should maintain a favorable and controlled public external debt in order to reduce the exchange rate in Nigeria.]]>
