Asian Journal of Economics, Business and Accounting
https://journalajeba.com/index.php/AJEBA
<p style="text-align: justify;"><strong>Asian Journal of Economics, Business and Accounting (ISSN: 2456-639X)</strong> aims to publish high quality papers (<a href="/index.php/AJEBA/general-guideline-for-authors">Click here for Types of paper</a>) in all areas of ‘Economics, Business, Finance and Accounting’. By not excluding papers based on novelty, this journal facilitates the research and wishes to publish papers as long as they are technically correct and scientifically motivated. The journal also encourages the submission of useful reports of negative results. This is a quality controlled, OPEN peer-reviewed, open-access INTERNATIONAL journal.</p>SCIENCEDOMAIN internationalen-USAsian Journal of Economics, Business and Accounting2456-639XThe Influence of Institutional Ownership and Foreign Ownership on Tax Avoidance with Audit Quality as a Moderation Variable
https://journalajeba.com/index.php/AJEBA/article/view/1286
<p><strong>Objective: </strong>This research was conducted with the aim of examining how institutional ownership, foreign ownership, and audit quality can influence tax avoidance practices.</p> <p><strong>Time and Place of Research: </strong>Consumer Goods Sector Manufacturing Companies listed on the Indonesia Stock Exchange in 2018-2022</p> <p><strong>Methods: </strong>This research involved a sample of 72 manufacturing companies in the consumer goods sector listed on the Indonesia Stock Exchange. The object of study used is company financial data from 2018 to 2022. There are 370 pieces of data in this research population. This research selects samples by selecting data from panels so that the number of data that can be used as a sample is 125. In this research, the analysis technique used is EVIEWS 13 software.</p> <p><strong>Conclusion: </strong>Institutional ownership has a negative effect on tax avoidance, foreign ownership has a positive effect on tax avoidance, audit quality moderates institutional ownership on tax avoidance, audit quality does not moderate foreign ownership on tax avoidance.</p>Elis SusilawatiDeden Tarmidi
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-03-082024-03-0824511110.9734/ajeba/2024/v24i51286Examination of Online Purchase Intention towards Air-conditioner
https://journalajeba.com/index.php/AJEBA/article/view/1288
<p><strong>Aims:</strong> E-commerce allows businesses to expand their reach and provides customers with a convenient method to shop at any time, from any location. In recent years, Vietnam's online retail sector has expanded rapidly, but the market for air conditioners has lagged behind. It is important for businesses in the air-conditioner (AC) market to identify what factors influence consumers' intention to purchase air conditioners online.</p> <p><strong>Methodology:</strong> Regression analysis was conducted from data collected from 412 end-users in Vietnam to identify the primary factors that influence the online purchase intent of AC consumers by using SPSS version 22.</p> <p><strong>Results:</strong> In order of importance, the results indicate that perceived utility (PU), E-shopping quality (ESP), and sales policy (SP) positively influence online purchase intention. The remaining two variables Price sensitivity (PS) and Perceived risk (PR) have a substantial negative effect on AC consumers' online purchase intent.</p> <p><strong>Conclusion:</strong> These results provide retailers and AC brands with valuable guidance as they formulate a strategy to increase AC's online sales in Vietnam strategy to expand Internet sales for AC in Vietnam.</p>Van Hieu VuThi Huong Ly NguyenThi Liem NguyenThi Mai Le
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-03-122024-03-12245122110.9734/ajeba/2024/v24i51288The Influence of Organizational Culture, Alliance Partners, Digital Capability on Firm Performance Mediated by Strategy Flexibility
https://journalajeba.com/index.php/AJEBA/article/view/1289
<p><strong>Aims: </strong>The study examines the effects of organizational culture, alliance partners, and digital capability on firm performance, mediated by strategy flexibility in the national automotive component industry in Indonesia.</p> <p><strong>Study Design:</strong> The data collection technique was non-probability sampling with purposive sampling method in which the number of samples that met the criteria to be analyzed were 228 companies.</p> <p><strong>Place and Duration of Study:</strong> The population of this study were all automotive component companies located in Jakarta, Banten and West Java, totaling 237. Each sampled company is represented by one respondent, namely a manager or senior manager of an automotive component industry company.</p> <p><strong>Methodology:</strong> Structural Equation Model (SEM).</p> <p><strong>Results:</strong> These findings suggest the importance of flexible strategies for leveraging internal and external resources to enhance performance. Strategy flexibility partially mediates the effects of organizational culture and digital capability on firm performance, and fully mediates the effect of alliance partners.</p> <p><strong>Conclusion:</strong> This study shows the results of the positive influence of Organizational culture, Alliance Partners, Digital Capability, and Strategy Flexibility toward Firm Performance. Strategy Flexibility as a mediating variable can mediate the effect of Organizational Culture, Alliance Partners and Digital Capability on Firm Performance. The implications of this research can be an input for the leaders of the national automotive component industry companies in making a strategic decision to face the challenges of increasingly complex business competition through the implementation of a flexible strategy in the services and processes of the manufacturing industry which has implications for improving company performance.</p>PantokoAsep HermawanRobert Kristaung
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-03-122024-03-12245223310.9734/ajeba/2024/v24i51289Analysis of Zmijewski Model's Accuracy in Predicting Potential Financial Distress for Indonesian Islamic Banking
https://journalajeba.com/index.php/AJEBA/article/view/1290
<p>Every banking activity and product has risks. Risk is the result or consequence of an activity during the process or in future circumstances that can cause losses. Financial Distress can be characterized by a decrease in various financial ratios, a reduction in assets, a decline in sales, a decrease in profits and profitability levels, a reduction in working capital, and a continuous increase in debt. So, in this research, the author wanted to know the level of accuracy of the Altman z-score model in predicting potential financial Distress for Sharia Commercial Banks in Indonesia. The population used in this research was Sharia Commercial Banks registered with the Financial Services Authority. The sampling technique that the researchers used was purposive sampling, with a total sample of 12 Islamic commercial banks. The research results showed that only one bank experienced financial Distress, while 11 other banks experienced good economic conditions. The Zmijewski model is good because it has a high level of accuracy with a low error.</p>Fitri Khoirotul UmmahEsy Nur Aisyah
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-03-122024-03-12245344010.9734/ajeba/2024/v24i51290Assessing the Impact of GST on Profitability: Insights from Education, Hospitality, and Logistics Sectors
https://journalajeba.com/index.php/AJEBA/article/view/1291
<p>Goods and Services Tax (GST) has made a revolutionary impact on all sectors of the economy, impacting their overall financial performance. The study has focused on the role of GST on the financial performance of service sector entities namely, education, hospitality, and logistics, with special emphasis on profitability. Employing analysis of secondary data and in-depth interpretation, the study attempts to understand the role of GST deployment on company profits, examining both pre-GST and post-GST scenarios. By scrutinizing trends and patterns in profitability data and comparing performance before and after GST enactment, this study focuses on the sector-specific effects of the tax reform on profitability. The study adopts a quantitative approach to assess the role of the GST on the financial performance of service sector companies, with a specific focus on profitability. Data was checked for normality. Subsequently, Correlation & Paired t-tests were done using R-Studio. The analysis of the education, hospitality, and logistic sectors post-GST implementation reveals diverse impacts on mean profit changes. The study will help develop customized policies for each sector that promote sustainable development amidst changing tax legislation.</p>Ranjeet Kumar Ambast Amit Gupta Shailendra Singh Bhadouria
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-03-152024-03-15245415210.9734/ajeba/2024/v24i51291Days of Future Past: Scrutinising the Artificial Intelligence Impact on the Leadership of Internationalising SMEs
https://journalajeba.com/index.php/AJEBA/article/view/1292
<p>This study finds a gap within the literature and aims to conduct research that primarily highlights the role of artificial intelligence technology on internationalising SME’s leadership system, especially in Makassar, Indonesia. A quantitative research method is applied in this study by collecting both primary and secondary data. The time span of this study is from November 2023 to January 2024 and over 200 active SMEs received research questionnaires. Throughout the specific statistical measurements and tests, this study then aims to contribute to the body of knowledge and theoretical contribution by offering the research findings, which confirm that artificial intelligence plays an important role on leadership inside internationalising SMEs in a developing country, Indonesia, primarily in Makassar District. As for the theoretical contribution, the explanatory variable, which is artificial intelligence, affects significantly and positively the predictor, which is the leadership of the internationalising SMEs, particularly on: (1) the surveillance and monitoring; (2) the ethical considerations; and (3) the decision-making process. Additionally, the managerial contributions of this study are explained in detail within the particular sections of this paper.</p>Abdi AkbarMuh. Yushar Mustafa M. Ikhwan Maulana Haeruddin Caroline Mariñas-AcostaHasbiyadi Hasbiyadi Syamsul Alam Widhi Nugraha S. Darmawinata
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-03-162024-03-16245535910.9734/ajeba/2024/v24i51292Challenges in Millennials Investment Decision: A Study of Behavioural Biases
https://journalajeba.com/index.php/AJEBA/article/view/1293
<p><strong>Aims: </strong>This research aimed to analyze the effect of Cognitive Dissonance Bias, Overconfidence Bias, Herding Bias, Endowment Bias, and Confirmation Bias on the investment decisions of the millennial generation in the capital market.</p> <p><strong>Study Design:</strong> The sampling method used in this study was purposive sampling, which obtained 128 respondents.</p> <p><strong>Place and Duration of Study:</strong> The research was conducted with investors in Banyumas Regency.</p> <p><strong>Methodology:</strong> This research method uses the SEM (Structural Equation Modeling) analysis method with the Partial Least Square (PLS) approach. Each hypothesis is tested to understand the relationship between variables. To test the validity and reliability of research using an outer model. Hypothesis testing uses inner models.</p> <p><strong>Results:</strong> The results of this study showed that cognitive dissonance bias, overconfidence bias, and endowment bias have an effect on investment decisions. However, herding bias and confirmation bias do not affect investment decisions.</p> <p><strong>Conclusion:</strong> To increase investment opportunities, investors must pay attention to cognitive dissonance bias, overconfidence bias, and endowment bias because they can cause investment failure. Investors must also pay attention to information circulating in the media because analysis needs the latest information on investment transaction targets to avoid investment failure.</p>Muhammad FatkhurroziMaulida Nurul Innayah Naelati Tubastuvi Mastur Mujib Ikhsani
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-03-182024-03-18245607210.9734/ajeba/2024/v24i51293