West Science Accounting and Finance
type: channel
description: Journal of Accounting & Finance is a scientific publication published by Westscience Press, which aims to be a creative forum for academics, professionals, researchers, and students in the fields of Accounting and Finance including the fields of Auditing, Accounting Information Systems, Corporate Governance, Taxation, and Accounting. International, Management Accounting, Behavioral Accounting, Capital Market, and so on. The topics that are becoming increasingly widespread in the field of accounting research studies are accommodated in this publication. Westscience Accounting and Finance has been in publication since 2023 publishing original papers, review papers, conceptual frameworks, analytical and simulation models, case studies, empirical research, technical notes, and book reviews.
publisher: Westscience Press
language: en
publication name: West Science Accounting and Finance
issn: 2986-9404
items: E-Invoicing in Tax Accounting: A Bibliometric Analysis of Research Trends (2005–2026)
items: Corporate Governance in Accounting: A Bibliometric Analysis of Thematic Patterns and Citation Dynamics (2000–2026)
items: Accounting Information Systems: A Bibliometric Analysis of Research Domains and Methods (2000–2026)
items: Integrated Reporting: A Bibliometric Analysis of Research Development and Core Themes (2011–2026)
items: Sustainability Reporting: A Bibliometric Analysis of Knowledge Clusters and Hotspots (2000–2026)
items: Digital Accounting for MSMEs: A Bibliometric Analysis of Research Themes (2005–2026)
items: Islamic Financial Reporting: A Bibliometric Network Analysis of Research Frontiers (2000–2026)
items: Audit Quality: A Bibliometric Analysis of Intellectual Structure and Research Fronts (2000–2026)
items: Tax Compliance: A Bibliometric Analysis of Global Research Trends (2000–2026)
items: Digital Accounting: A Bibliometric Analysis of Research Trends and Thematic Evolution (2000–2026)
items: Utilization of Financial Statement Information and Planning Orientation on the Quality of Business Decisions of Textile MSMEs in West Java
items: Fintech Usage, Risk Perception, and Data Privacy Concerns on Trust in Digital Financial Services in Indonesia
items: A Review on the Role of IT Application Controls in Mitigating Data Discrepancies in Government Financial Reporting
items: The Effect of Current Ratio, Total Asset Turnover, and Debt Asset Ratio on Return on Assets of Indonesian Food and Beverages Industry in 2019 - 2023
items: The Relationship between Earnings Management, Financial Transparency, and Auditor Independence on Investor Trust
items: Carbon Accounting and Corporate Sustainability: Bibliometric Insights from 2010–2025
items: Sustainable Finance and ESG Investment: A Global Bibliometric Review of Research Trends and Policy Implications
items: Mapping Two Decades of Research on Green Accounting: A Bibliometric and Thematic Analysis (2000–2025)
items: Mapping Intellectual Structure of Financial Accounting Research: A Scientometric Review Using VOSviewer
items: Scientometric Mapping of Digital Transformation in Accounting and Finance
items: Bibliometric Analysis of Corporate Social Responsibility Topics in Accounting and Finance
items: Scientometric Analysis of Sustainability Accounting Publications in Reputable Journals
items: The Effect of Internal Auditing on Fraud Prevention in State-Owned Enterprises
items: The Influence of Financial Statement Quality, Corporate Governance, and Capital Structure on Company Value with Profitability as a Mediating Variable
items: The Relationship between Financial Technology, Risk Perception, and Regulation on Trust in Digital Financial Services
items: Integration of Corporate Social Responsibility and its Impact on The Triple Bottom Line: A Systematic Literature Review
items: Bibliometric Mapping of Research on Tax Justice and Equity in Global Financial Systems
items: Corporate Taxation, Financial Performance, and Investment Behavior: A Bibliometric Review of the Literature
items: Systematic Literature Review: Pengaruh Green Accounting dan Good Corporate Governance terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Mediasi
items: Implications of Fintech and High Frequency Trading (HFT) Developments on Capital Market Efficiency: A Systematic Literature Review

E-Invoicing in Tax Accounting: A Bibliometric Analysis of Research Trends (2005–2026)
type: item
description: This study aims to examine the development and intellectual structure of research on e-invoicing in tax accounting through a bibliometric analysis covering the period 2005–2026. Data were collected from the Scopus database using relevant keywords related to electronic invoicing and digital taxation. The dataset was analyzed using VOSviewer to map publication trends, keyword co-occurrence, thematic evolution, and research clusters. The results indicate that e-invoicing has emerged as a central theme closely linked to taxation, digital transformation, and compliance systems, particularly in the context of value-added tax (VAT). The findings also reveal a clear evolution of research focus, from early discussions on transactional and operational aspects toward more recent emphasis on digital reporting requirements, regulatory frameworks, and platform-based taxation. Density analysis shows that while core themes such as taxation and digitalization are well-established, emerging areas including decision-making, sector-specific applications, and advanced technologies remain underexplored. This study contributes to the literature by providing a comprehensive mapping of the field and identifying future research opportunities, particularly in integrating interdisciplinary perspectives and emerging digital technologies to enhance tax system effectiveness.
subject: Articles
  topic: section
subject: E-invoicing
  topic: keywords
subject: Tax accounting
  topic: keywords
subject: Digital taxation
  topic: keywords
subject: VAT compliance
  topic: keywords
subject: Bibliometric analysis
  topic: keywords
subject: VOSviewer
  topic: keywords
creator: Loso Judijanto
creator: Anton Susilo
rights: Copyright (c) 2026 Loso Judijanto, Anton Susilo https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 71
ending page: 78
doi: 10.58812/wsaf.v4i01.2747

Corporate Governance in Accounting: A Bibliometric Analysis of Thematic Patterns and Citation Dynamics (2000–2026)
type: item
description: This study aims to map the intellectual structure, thematic evolution, and citation dynamics of corporate governance research within the accounting domain over the period 2000–2026. Using a bibliometric approach, data were collected from the Scopus database and analyzed using VOSviewer to examine publication trends, keyword co-occurrence, co-citation networks, and thematic developments. The results indicate that corporate governance functions as the central research theme, closely associated with key topics such as earnings management, audit quality, and financial reporting. Thematic clustering reveals a strong foundation in traditional governance mechanisms, including board structure, ownership concentration, and audit committees, which are primarily linked to firm performance and reporting quality. Furthermore, the findings highlight a significant shift toward emerging themes such as sustainability, corporate social responsibility (CSR), and environmental, social, and governance (ESG), reflecting a transition from shareholder-oriented to stakeholder-oriented perspectives. Citation analysis demonstrates the presence of influential authors and journals that shape the intellectual development of the field, while overlay visualization indicates that sustainability-related topics represent the most recent research frontier. This study contributes to the literature by providing a comprehensive mapping of corporate governance research in accounting and identifying key directions for future research, particularly in integrating sustainability and interdisciplinary perspectives into governance frameworks.
subject: Articles
  topic: section
subject: Corporate Governance
  topic: keywords
subject: Accounting Research
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2026 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 123
ending page: 130
doi: 10.58812/wsaf.v4i01.2753

Accounting Information Systems: A Bibliometric Analysis of Research Domains and Methods (2000–2026)
type: item
description: This study aims to map the intellectual structure, thematic evolution, and research trends in career adaptability and related domains through a comprehensive bibliometric analysis. Data were collected from the Scopus database, covering publications from 2000 to 2026, and analyzed using VOSviewer to generate co-occurrence, overlay, and density visualizations. The findings reveal that career adaptability has emerged as a central and integrative concept, connecting key research domains such as psychological factors, career guidance, employability, and educational systems. The network analysis identifies several major clusters, reflecting the multidisciplinary nature of the field, while the overlay visualization indicates a clear shift from early theoretical foundations—such as self-efficacy and career construction—toward more applied themes including employment readiness, professional development, and learning systems. Additionally, the density analysis highlights a strong concentration of research around core topics, alongside emerging but underexplored areas, particularly in the integration of digital technologies and innovative learning environments. The results suggest that the field is evolving toward a more practical and outcome-oriented direction, driven by global labor market changes and technological advancements. This study contributes by providing a systematic overview of research domains and methodological trends, offering valuable insights for scholars and practitioners, and identifying future research opportunities to enhance the relevance and impact of career development studies in a rapidly changing world.
subject: Articles
  topic: section
subject: Career Adaptability
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
subject: Research Trends
  topic: keywords
subject: Career Development
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2026 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 114
ending page: 122
doi: 10.58812/wsaf.v4i01.2752

Integrated Reporting: A Bibliometric Analysis of Research Development and Core Themes (2011–2026)
type: item
description: This study aims to map the development, intellectual structure, and core themes of integrated reporting research over the period 2011–2026 using a bibliometric approach. Data were collected from the Scopus database and analyzed using VOSviewer to examine publication trends, keyword co-occurrence, thematic clusters, and temporal evolution. The findings reveal that although integrated reporting has gained increasing scholarly attention, the research landscape remains highly interdisciplinary and fragmented, with dominant themes still centered on methodological rigor, empirical analysis, and evidence-based approaches. Cluster analysis identifies key thematic areas including governance and accountability, sustainability and ESG, value creation, and reporting quality, while overlay visualization indicates a shift from foundational research toward emerging topics such as artificial intelligence, decision-making, and climate-related issues. Density analysis further shows that integrated reporting and sustainability-related themes, while growing, remain less developed compared to established methodological domains. This study contributes to the literature by providing a comprehensive mapping of integrated reporting research and highlighting opportunities for future studies to strengthen theoretical integration, expand empirical contexts, and position integrated reporting as a central framework in corporate reporting and sustainability discourse.
subject: Articles
  topic: section
subject: Integrated Reporting
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
subject: Sustainability
  topic: keywords
subject: ESG
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2026 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 105
ending page: 113
doi: 10.58812/wsaf.v4i01.2751

Sustainability Reporting: A Bibliometric Analysis of Knowledge Clusters and Hotspots (2000–2026)
type: item
description: This study aims to map the intellectual structure, knowledge clusters, and emerging research hotspots in sustainability reporting literature through a comprehensive bibliometric analysis covering the period 2000–2026. Data were retrieved from the Scopus database using relevant keywords related to sustainability reporting, ESG, CSR disclosure, and non-financial reporting. The analysis was conducted using VOSviewer to examine keyword co-occurrence, overlay visualization, density mapping, and collaboration networks. The findings reveal that sustainability and sustainable development serve as the central themes, indicating their dominant role in shaping the research landscape. The results also show a significant shift from traditional corporate social responsibility toward ESG-oriented frameworks and governance-based reporting practices. Emerging hotspots such as circular economy, environmental management, and sustainable investments highlight the growing emphasis on impact-oriented and value-driven sustainability. Furthermore, the study identifies underexplored areas related to decision-making processes and environmental impact assessment, suggesting directions for future research. This study contributes to the literature by providing a systematic and longitudinal mapping of sustainability reporting research, offering insights for academics, policymakers, and practitioners in understanding its evolution and future trajectory.
subject: Articles
  topic: section
subject: Sustainability Reporting
  topic: keywords
subject: ESG
  topic: keywords
subject: Corporate Social Responsibility
  topic: keywords
subject: Sustainable Development
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2026 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 97
ending page: 104
doi: 10.58812/wsaf.v4i01.2750

Digital Accounting for MSMEs: A Bibliometric Analysis of Research Themes (2005–2026)
type: item
description: This study aims to map the intellectual structure, thematic evolution, and emerging research trends in digital accounting for Micro, Small, and Medium-sized Enterprises (MSMEs) through a bibliometric analysis of publications from 2005 to 2026. Data were collected from the Scopus database using relevant keywords related to digital accounting, accounting information systems, cloud accounting, and MSMEs. A total of selected publications were analyzed using VOSviewer to examine keyword co-occurrence, thematic clusters, and temporal developments. The findings reveal that the research field has evolved from a focus on basic adoption factors such as financial literacy and accounting information systems toward more advanced themes including digital transformation, decision-making, and technological innovations such as blockchain and digitization. The results also indicate that MSMEs remain the central focus of the literature, with increasing attention to how digital accounting enhances business performance and strategic capabilities. Despite the growing body of research, emerging themes related to advanced technologies and data-driven decision-making remain underexplored, highlighting opportunities for future studies. This study contributes by providing a comprehensive overview of the development of digital accounting research in the MSME context and offers insights for researchers, practitioners, and policymakers in supporting digital transformation and sustainable growth of MSMEs.
subject: Articles
  topic: section
subject: Digital Accounting
  topic: keywords
subject: MSMEs
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
subject: Accounting Information Systems
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2026 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 88
ending page: 96
doi: 10.58812/wsaf.v4i01.2749

Islamic Financial Reporting: A Bibliometric Network Analysis of Research Frontiers (2000–2026)
type: item
description: This study aims to map the intellectual structure, thematic evolution, and emerging research frontiers of Islamic financial reporting through a comprehensive bibliometric network analysis. Using data extracted from the Scopus database covering the period 2000–2026, the study applies VOSviewer to analyze co-authorship, co-citation, and keyword co-occurrence networks. The findings reveal that the literature is primarily concentrated around core themes such as Islamic banks, financial reporting, corporate governance, AAOIFI, and IFRS, indicating a strong focus on regulatory frameworks and institutional practices. The results also identify several major research clusters, including governance and reporting quality, disclosure and accountability, and standardization of Islamic accounting practices. Temporal analysis shows a clear shift from early conceptual and normative discussions toward more empirical and context-driven studies, particularly in regions such as Southeast Asia and the Middle East. More recent developments highlight the growing importance of sustainability reporting, risk management, sukuk, and IFRS 9, suggesting a convergence between Islamic financial reporting and global trends in ESG and responsible finance. Despite the maturity of the core literature, density analysis indicates that emerging themes remain underexplored, offering significant opportunities for future research. This study contributes to the literature by providing a systematic and visualized understanding of the development of Islamic financial reporting and by identifying key directions for future scholarly inquiry.
subject: Articles
  topic: section
subject: Islamic Financial Reporting
  topic: keywords
subject: Islamic Accounting
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
subject: VOSviewer
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2026 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 79
ending page: 87
doi: 10.58812/wsaf.v4i01.2748

Audit Quality: A Bibliometric Analysis of Intellectual Structure and Research Fronts (2000–2026)
type: item
description: This study aims to map the intellectual structure and identify emerging research fronts in audit quality literature through a comprehensive bibliometric analysis covering the period 2000–2026. Data were collected from the Scopus database and analyzed using VOSviewer to examine co-authorship, co-citation, and keyword co-occurrence networks. The findings reveal that audit quality research is strongly rooted in multidisciplinary foundations, particularly within total quality management, healthcare quality, and procedural evaluation frameworks. The intellectual structure is characterized by several interconnected clusters, including quality management systems, empirical outcome-based studies, and methodological approaches. Temporal and density analyses further indicate a significant shift toward emerging themes such as audit quality as a distinct research domain, artificial intelligence, and technology-driven auditing practices. Despite this progression, the results also highlight a relative fragmentation between traditional and emerging themes, suggesting opportunities for greater integration in future research. This study contributes by providing a systematic overview of the evolution of audit quality research, identifying dominant themes, and outlining future directions that emphasize the integration of technological innovation with established theoretical frameworks.
subject: Articles
  topic: section
subject: Audit Quality
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
subject: VOSviewer; Scopus
  topic: keywords
creator: Loso Judijanto
creator: Khairul Nur Adli
rights: Copyright (c) 2026 Loso Judijanto, Khairul Nur Adli https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 63
ending page: 70
doi: 10.58812/wsaf.v4i01.2746

Tax Compliance: A Bibliometric Analysis of Global Research Trends (2000–2026)
type: item
description: This study aims to examine the development, intellectual structure, and thematic evolution of taxation research using a bibliometric approach. Data were collected from the Scopus database and analyzed using VOSviewer to explore publication trends, keyword co-occurrence, and temporal dynamics of the field. The findings reveal that taxation research is predominantly centered on tax compliance, with significant attention given to issues such as tax evasion, tax avoidance, trust, and tax knowledge. Co-occurrence analysis identifies three major thematic clusters: behavioral aspects of tax compliance, policy and regulatory frameworks, and economic and interdisciplinary perspectives. The overlay visualization indicates a clear evolution from early research focused on regulatory compliance and environmental taxation toward more recent studies emphasizing taxpayer behavior and contextual factors, including developing countries. Furthermore, density analysis highlights tax compliance and taxation as the most influential and frequently studied topics, while emerging themes such as sustainability and artificial intelligence suggest new directions for future research. Overall, this study provides a comprehensive mapping of taxation literature and offers insights into how the field is evolving toward a more integrated and multidisciplinary perspective.
subject: Articles
  topic: section
subject: Taxation
  topic: keywords
subject: Tax Compliance
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
subject: Tax Evasion
  topic: keywords
creator: Loso Judijanto
creator: Khairul Nur Adli
rights: Copyright (c) 2026 Loso Judijanto, Khairul Nur Adli https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 55
ending page: 62
doi: 10.58812/wsaf.v4i01.2745

Digital Accounting: A Bibliometric Analysis of Research Trends and Thematic Evolution (2000–2026)
type: item
description: This study aims to analyze the development, intellectual structure, and thematic evolution of digital accounting research from 2000 to 2026 using a bibliometric approach. Data were collected from the Scopus database and analyzed using VOSviewer to examine publication trends, keyword co-occurrence, and thematic progression over time. The results reveal a significant growth in digital accounting research, driven by the increasing integration of advanced technologies such as artificial intelligence, blockchain, big data, and machine learning into accounting practices. The co-occurrence analysis identifies several major research clusters, including digital transformation in accounting, emerging technologies, data analytics, and governance-related issues. Overlay visualization indicates a clear evolution from early themes of digitalization and accounting information systems toward more recent topics such as intelligent systems, predictive analytics, and sustainability. Furthermore, density analysis highlights digital storage, artificial intelligence, and digital transformation as the most central and influential themes within the field. These findings suggest that digital accounting has evolved into an interdisciplinary domain that integrates technology, data infrastructure, and strategic decision-making. This study contributes to the literature by providing a comprehensive mapping of the field and offering insights into emerging research directions, including AI ethics, blockchain-based reporting, and sustainability-oriented accounting systems.
subject: Articles
  topic: section
subject: Digital Accounting
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
subject: Artificial Intelligence
  topic: keywords
subject: Blockchain
  topic: keywords
creator: Loso Judijanto
creator: ABDUL MUIZ
rights: Copyright (c) 2026 Loso Judijanto, ABDUL MUIZ https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 47
ending page: 54
doi: 10.58812/wsaf.v4i01.2744

Utilization of Financial Statement Information and Planning Orientation on the Quality of Business Decisions of Textile MSMEs in West Java
type: item
description: This study aims to examine the influence of financial statement information utilization and planning orientation on the quality of business decisions among textile Micro, Small, and Medium Enterprises (MSMEs) in West Java. The research adopts a quantitative approach using a survey method involving 155 MSME owners and managers as respondents. Data were collected through structured questionnaires measured on a Likert scale and analyzed using SPSS version 25. The analytical techniques employed include descriptive statistics, validity and reliability tests, classical assumption tests, and multiple linear regression analysis. The results indicate that financial statement information utilization has a positive and significant effect on decision quality, suggesting that MSMEs that effectively use financial data tend to make more accurate and informed decisions. Planning orientation also demonstrates a positive and significant influence, indicating that structured and forward-looking planning enhances the effectiveness of business decisions. Simultaneously, both variables significantly affect decision quality, with a coefficient of determination (R²) of 0.475, meaning that 47.5% of decision quality is explained by the two independent variables. This study contributes to the literature by integrating financial information utilization and planning orientation as key determinants of decision quality in MSMEs. Practically, the findings emphasize the importance of improving financial literacy and strengthening planning practices among textile MSMEs to enhance decision-making effectiveness and business sustainability.
subject: Articles
  topic: section
subject: Financial Statement Information
  topic: keywords
subject: Planning Orientation
  topic: keywords
subject: Decision Quality
  topic: keywords
subject: MSMEs
  topic: keywords
subject: Textile Industry
  topic: keywords
creator: Junaidi Junaidi
creator: Lainatusshifa Kemal
creator: Azhar Azhar
creator: Humairoh Humairoh
creator: Pocut Ainiah
creator: Wahyuni Sri Astutik
rights: Copyright (c) 2026 Junaidi Junaidi, Lainatusshifa Kemal, Azhar Azhar, Humairoh Humairoh, Pocut Ainiah https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 36
ending page: 46
doi: 10.58812/wsaf.v4i01.2743

Fintech Usage, Risk Perception, and Data Privacy Concerns on Trust in Digital Financial Services in Indonesia
type: item
description: This study aims to analyze the effect of fintech usage, risk perceptions, and data privacy concerns on trust in digital financial services in Indonesia. The rapid development of financial technology has increased the adoption of digital financial services; however, trust remains a crucial factor influencing user acceptance and continued usage. This research employs a quantitative approach using primary data collected from 150 respondents through structured questionnaires measured on a Likert scale. Data analysis was conducted using SPSS version 25, including validity and reliability tests, classical assumption tests, and multiple linear regression analysis. The results show that fintech usage has a positive and significant effect on trust, indicating that higher levels of usage and familiarity increase user confidence in digital financial services. Conversely, risk perception has a negative and significant effect on trust, suggesting that concerns about financial loss, system errors, and fraud reduce users’ willingness to rely on fintech platforms. Similarly, data privacy concerns are found to negatively and significantly influence trust, highlighting that fears related to personal data misuse and security breaches undermine user confidence. Simultaneously, fintech usage, risk perception, and data privacy concerns significantly affect trust, with an R² value of 0.465, indicating that 46.5% of the variation in trust is explained by these variables. This study contributes to the literature by providing empirical evidence on the determinants of trust in digital financial services in Indonesia. The findings offer practical implications for fintech providers and policymakers to enhance user trust by improving system security, strengthening data protection measures, and increasing user awareness of fintech services.
subject: Articles
  topic: section
subject: Fintech Usage
  topic: keywords
subject: Risk Perception
  topic: keywords
subject: Data Privacy Concerns
  topic: keywords
subject: Trust
  topic: keywords
subject: Digital Financial Services
  topic: keywords
creator: Wahyuni Sri Astutik
creator: Adih Supriadi
rights: Copyright (c) 2026 Wahyuni Sri Astutik, Adih Supriadi https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 24
ending page: 35
doi: 10.58812/wsaf.v4i01.2742

A Review on the Role of IT Application Controls in Mitigating Data Discrepancies in Government Financial Reporting
type: item
description: This systematic literature review examines the role of Information Technology Application Controls (ITACs) in mitigating data discrepancies within government financial reporting. Recognizing that reliable financial data is a cornerstone of public accountability and fiscal governance, this review synthesizes empirical and conceptual research to analyze the function of automated controls in ensuring data accuracy, completeness, and validity. The findings, derived from a rigorous PRISMA-guided analysis of 22 studies, elucidate the causal mechanisms through which ITACs operate, namely, via preventive (e.g., input validation), detective (e.g., anomaly detection), and corrective (e.g., automated reconciliation) pathways. However, the literature specifically cataloging the most frequent ITAC types in government systems remains limited, instead highlighting the growing role of advanced technologies like blockchain and AI. The review further identifies significant implementation challenges unique to the public sector, including fragmented IT infrastructures, resource constraints, and bureaucratic resistance. Critical success factors for effective ITAC deployment emphasize strong top-management support, staff capacity building, and alignment with established governance frameworks like COBIT. The study concludes that mitigating data discrepancies requires a holistic strategy where technical controls are synergistically supported by robust governance and continuous organizational learning to enhance the integrity and reliability of public financial statements.
subject: Articles
  topic: section
subject: IT Application Controls
  topic: keywords
subject: Data Discrepancies
  topic: keywords
subject: Government Financial Reporting
  topic: keywords
subject: Public Sector
  topic: keywords
subject: Data Integrity
  topic: keywords
creator: Andi Kartika Kusnasriyanti
creator: Muchriana Muchran
creator: Ramly Ramly
rights: Copyright (c) 2026 Andi Kartika Kusnasriyanti, Muchriana Muchran, Ramly Ramly https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 11
ending page: 23
doi: 10.58812/wsaf.v4i01.2685

The Effect of Current Ratio, Total Asset Turnover, and Debt Asset Ratio on Return on Assets of Indonesian Food and Beverages Industry in 2019 - 2023
type: item
description: This study examines the effect of the Current Ratio (CR), Total Asset Turnover (TATO), and Debt to Asset Ratio (DAR) on Return on Assets (ROA) in the food and beverage subsector companies listed on the Indonesia Stock Exchange during 2019-2023. The study uses panel data from 15 companies. The Fixed Effect Model (FEM) regression analysis shows that, simultaneously, all three variables significantly affect ROA. However, only TATO and DAR have a significant partial effect, while CR does not. These findings highlight the importance of asset efficiency and capital structure management in improving company profitability.
subject: Articles
  topic: section
subject: Return on Assets
  topic: keywords
subject: Current Ratio
  topic: keywords
subject: Total Asset Turnover
  topic: keywords
subject: Debt to Asset Ratio
  topic: keywords
subject: Food and Beverage Industry
  topic: keywords
creator: Adhila Suryaningsih
creator: Zahra Ardya Rizwana
creator: Anindya Najmina Nareswari
rights: Copyright (c) 2025 Adhila Suryaningsih, Zahra Ardya Rizwana, Anindya Najmina Nareswari https://creativecommons.org/licenses/by-sa/4.0
date: 2025-12-15
publication date: 2025-12-15
starting page: 447
ending page: 460
doi: 10.58812/wsaf.v3i03.2479

The Relationship between Earnings Management, Financial Transparency, and Auditor Independence on Investor Trust
type: item
description: This study investigates the relationship between earnings management, financial transparency, and auditor independence on investor trust in Indonesia. Using a quantitative research design, data were collected from 150 active investors through a questionnaire measured on a five-point Likert scale. The data were analyzed using SPSS version 25, employing descriptive statistics, validity and reliability testing, correlation analysis, and multiple regression. The results show that earnings management has a negative and significant effect on investor trust, indicating that manipulative reporting practices reduce investors’ confidence in financial information. In contrast, financial transparency and auditor independence both have positive and significant effects on investor trust, highlighting the importance of clear disclosures and professional audit integrity in strengthening investor confidence. Among the variables, financial transparency demonstrates the strongest influence, emphasizing its critical role in reducing information asymmetry and enhancing credibility. The study concludes that strengthening governance practices, improving reporting transparency, and ensuring auditor independence are essential strategies to enhance investor trust in Indonesia’s capital market.
subject: Articles
  topic: section
subject: Earnings Management
  topic: keywords
subject: Financial Transparency
  topic: keywords
subject: Auditor Independence
  topic: keywords
subject: Investor Trust
  topic: keywords
creator: Indra Halim
creator: Teguh Prakoso
creator: Ahmad Zaki Mubarok
creator: Ferlinda Ainur Rachmani
creator: Eko Sudarmanto
rights: Copyright (c) 2025 Indra Halim, Teguh Prakoso, Ahmad Zaki Mubarok, Ferlinda Ainur Rachmani, Eko Sudarmanto https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 555
ending page: 562
doi: 10.58812/wsaf.v3i03.2476

Carbon Accounting and Corporate Sustainability: Bibliometric Insights from 2010–2025
type: item
description: This study offers a thorough bibliometric review of studies concerning carbon accounting and business sustainability published from 2010 to 2025. Publications were studied using Scopus as the primary database, employing Bibliometrix (R) and VOSviewer to investigate publishing trends, prominent authors, institutions, and countries, alongside co-authorship, co-citation, and keyword co-occurrence networks. The results indicate that carbon accounting, sustainable development, climate change, environmental impact, and greenhouse gas emissions form the fundamental theme framework of the discipline. Emerging domains encompass carbon neutrality, carbon economy, supply-chain emissions, energy efficiency, and artificial intelligence, indicating a transition towards technology-driven and sector-specific decarbonization approaches. International collaboration networks are extensive and worldwide, with the United Kingdom, United States, Australia, China, and Germany serving as primary hubs, but author and affiliation networks are more disjointed. The study enhances theoretical comprehension of carbon accounting as a cohesive component of climate governance and provides practical recommendations for regulators and practitioners aiming to develop more effective reporting systems and decarbonization strategies.
subject: Articles
  topic: section
subject: carbon accounting
  topic: keywords
subject: corporate sustainability
  topic: keywords
subject: bibliometric analysis
  topic: keywords
subject: climate change
  topic: keywords
subject: carbon neutrality
  topic: keywords
subject: sustainability reporting
  topic: keywords
subject: greenhouse gas emissions
  topic: keywords
creator: Loso Judijanto
creator: Fahry Reza
creator: Mos Indrawati
creator: Eri Kristanto
creator: Eko Sudarmanto
rights: Copyright (c) 2025 Loso Judijanto, Fahry Reza, Mos Indrawati, Eri Kristanto, Eko Sudarmanto https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 541
ending page: 554
doi: 10.58812/wsaf.v3i03.2419

Sustainable Finance and ESG Investment: A Global Bibliometric Review of Research Trends and Policy Implications
type: item
description: This study conducts a global bibliometric review of research on sustainable finance and ESG investment using data from the Scopus database for the period 2000–2025. Descriptive indicators and science-mapping techniques—co-authorship, co-citation, and keyword co-occurrence analyses—were applied through VOSviewer and Bibliometrix. The results show that “sustainable development,” “ESG,” “sustainable finance,” “finance,” and “investments” constitute the main intellectual core of the field, with strong emphasis on the ESG–financial performance nexus. Dens⁠ity and overlay m​aps⁠ highlight emerging rese‌arch fronts on green bo​nds, green innov⁠ation, cl​imate change, fintech, and ar⁠tif⁠i​cial intell⁠igence. A​uthor, institutiona‌l, and cou‌ntry ne‍tworks r​eveal highl⁠y international‍ize‍d collab​or​at​i​o‍n​ pattern​s,⁠ with China, the Uni​ted States, and several Europea‌n and Asian co‍untri​es actin⁠g as key hu‌bs. The s‍tudy offers practical insights for⁠ i​nvestors‍ and p⁠o⁠licymakers seeki‌ng to align capit‍al allocation wi‌th⁠ susta‌inab​ility g‍o⁠als and provide‍s a roa‌dmap for future re⁠search​ on t‍echnolo​gy-‍en​abled E‍SG anal‍ytics, transition f​inanc⁠e, an‍d t⁠he experiences of developing econ​omies.
subject: Articles
  topic: section
subject: sustainable finance
  topic: keywords
subject: ESG investment
  topic: keywords
subject: bibliometric analysis
  topic: keywords
subject: green bonds
  topic: keywords
subject: green innovation
  topic: keywords
subject: climate finance
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 529
ending page: 540
doi: 10.58812/wsaf.v3i03.2418

Mapping Two Decades of Research on Green Accounting: A Bibliometric and Thematic Analysis (2000–2025)
type: item
description: This stud​y performs an exte⁠nsiv​e bibliometric and the‌mati‍c anal⁠ysis of green acco‌unting re​search published from 2000 t​o 2025. The study utilizes Scopus data and VOSviewer g​raphics to delineate publica‍tion tr​ends, prominent authors an​d institutions, keyword cluster⁠s⁠, and patterns of global collaborati​on. The‌ findin​gs indicate tha‌t⁠ "sustainable development" c⁠onstitutes the principal t‌hem⁠e in the domain, in​tr⁠icate​ly as‌s​ociated wi‌th sustainability, the green econ⁠omy, enviro‌nmental managem⁠ent, and energy eff​iciency⁠. Previous s‍tu​dy focus​ed on cost acc‌o​unti‌ng and cost-benefit a⁠nal​ysis, whereas contemp‌ora⁠ry st‌udies increasingly inves‍tigate energy trans‍itions⁠, gre​e​n f⁠ina‍nce,‌ and socio-economic effe⁠ct‌s. Networks of co​untries workin​g t‌oget‍her show that China, the Un⁠ite​d St​ates,​ and‍ a number o‌f Eu⁠rop‍ea​n countri‍es are key research centers. The st⁠ud​y provides pragm‌atic⁠ insigh⁠ts for p‍olicymakers and organizations, enhances‌ t⁠heoretical frameworks in environm‌ent‌al acco⁠un⁠ti⁠ng, an‍d delineates resea⁠rch defi⁠cie​ncies to in⁠form fut‍ure academic endeav⁠ors.
subject: Articles
  topic: section
subject: green accounting
  topic: keywords
subject: sustainable development
  topic: keywords
subject: bibliometric analysis
  topic: keywords
subject: environmental management
  topic: keywords
subject: sustainability reporting
  topic: keywords
subject: VOSviewer
  topic: keywords
creator: Loso Judijanto
creator: Astrid Maharani
creator: Irwan Irawadi Barus
creator: Eko Sudarmanto
creator: Ruci Arizanda Rahayu
rights: Copyright (c) 2025 Loso Judijanto, Astrid Maharani, Irwan Irawadi Barus, Eko Sudarmanto, Ruci Arizanda Rahayu https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 515
ending page: 528
doi: 10.58812/wsaf.v3i03.2417

Mapping Intellectual Structure of Financial Accounting Research: A Scientometric Review Using VOSviewer
type: item
description: This study delineates the intellectual framework of financial accounting research using a scientometric analysis employing VOSviewer. It looks at keyword co-occurrence, co-authorship, institutional affiliations, and nation collaboration networks using papers indexed in Scopus from 2000 to 2024. The results suggest that accounting, finance, and corporate governance are the most important parts of the area. There are also dense groups of topics on financial reporting, earnings management, capital structure, and financial performance. Overlay and density visualizations show that concepts like sustainability, sustainable development, and risk assessment are becoming more popular over time. Co-authorship and nation maps show that the US and China are the most powerful countries, but Australia, European countries, and several Asian economies play major roles in connecting them. The study provides pragmatic recommendations for policymakers and academics in pinpointing established domains, nascent subjects, and prospective collaborations, while also recognizing constraints associated with database scope and dependence on citation-based metrics.
subject: Articles
  topic: section
subject: financial accounting
  topic: keywords
subject: Scientometric Analysis
  topic: keywords
subject: VOSviewer
  topic: keywords
subject: Intellectual structure
  topic: keywords
subject: corporate governance
  topic: keywords
subject: sustainability
  topic: keywords
subject: co-authorship
  topic: keywords
subject: country collaboration
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 501
ending page: 514
doi: 10.58812/wsaf.v3i03.2416

Scientometric Mapping of Digital Transformation in Accounting and Finance
type: item
description: This paper performs an extensive scientometric analysis to delineate the global framework of digital transformation research in accounting and finance. The study utilizes Scopus data and analytical instruments, including VOSviewer and Bibliometrix, to investigate publication trends, prominent authors, institutional and international collaborations, and the conceptual framework of the field through keyword co-occurrence, network visualization, overlay mapping, and density analysis. The results show that there are various main topics, such as artificial intelligence, blockchain, machine learning, digital storage, and digitalization that focuses on sustainability. The results also show that the US, China, and European countries are leading strong global collaboration networks, and that growing Asian economies are making more contributions. The data shows that research on digital transformation is becoming more and more interdisciplinary, bringing together technological, economic, managerial, and socio-environmental points of view. The study offers theoretical and practical insights for academics, politicians, and practitioners, while also pinpointing research deficiencies and prospective avenues concerning advanced analytics, digital governance, and the alignment of international digital policy.
subject: Articles
  topic: section
subject: Digital transformation
  topic: keywords
subject: Accounting
  topic: keywords
subject: Finance
  topic: keywords
subject: Scientometric analysis
  topic: keywords
subject: Artificial intelligence
  topic: keywords
subject: Blockchain
  topic: keywords
subject: Machine learning
  topic: keywords
subject: VOSviewer
  topic: keywords
subject: bibliometrics
  topic: keywords
subject: Sustainability
  topic: keywords
subject: Global research collaboration
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 488
ending page: 500
doi: 10.58812/wsaf.v3i03.2415

Bibliometric Analysis of Corporate Social Responsibility Topics in Accounting and Finance
type: item
description: This research performs an extensive bibliometric analysis to delineate the conceptual framework and thematic evolution of Corporate Social Responsibility (CSR) research in the domains of accounting and finance. The investigation utilizes Scopus-indexed publications and VOSviewer visualization tools to investigate publication patterns, keyword co-occurrences, prominent authors, institutional collaborations, and country-level networks. The results reveal that CSR is the main research hub, connecting important topics including corporate governance, financial performance, environmental management, sustainability accounting, and integrated reporting. The findings reveal a transition from initial governance- and performance-focused research to contemporary subjects such as materiality, global reporting requirements, and sustainability disclosure frameworks. The collaboration networks show that the US, Europe, China, and Southeast Asia all make important contributions. This shows how CSR scholarship is connected around the world. The study enhances theoretical understanding by elucidating prevailing conceptual frameworks and emphasizing novel intersections between sustainability reporting and financial decision-making. There are also practical consequences for regulators, businesses, and professionals that want to improve CSR integration.
subject: Articles
  topic: section
subject: Corporate Social Responsibility
  topic: keywords
subject: Sustainability Accounting
  topic: keywords
subject: ESG
  topic: keywords
subject: Bibliometric Analysis
  topic: keywords
subject: Integrated Reporting
  topic: keywords
subject: Corporate Governance
  topic: keywords
subject: Financial Performance
  topic: keywords
creator: Loso Judijanto
creator: Fiesty Utami
rights: Copyright (c) 2025 Loso Judijanto, Fiesty Utami https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 474
ending page: 487
doi: 10.58812/wsaf.v3i03.2414

Scientometric Analysis of Sustainability Accounting Publications in Reputable Journals
type: item
description: This study does a t‍horough sci‍entometric analysis of susta‍inabilit‍y accoun​ting papers in es⁠tee​m​ed​ international journ‍als to delineate the⁠ir intellectual fram‌ework,⁠ thematic evolu‌ti⁠on, a‌nd collaboration networks. The study an​al‌yz‍es​ publ​ishin​g trends, co-authorsh​ip dynamics, keyword co-occurrence​s, and inte‌rnation‍al partnersh‌ips‌ utili⁠zing bibliographic d​ata fr‍om Scopus an‌d an⁠alytical‌ t​ools‌ like VOSviewer and Bibliometric. The results indicate that sustain‍ability a​n​d susta⁠in​able‌ de‍v​elopm‍ent co‌nst‌it‍ut⁠e the c⁠ore concept‍ual foundations of t‌he discip⁠line, underp⁠inn‍ed by interrelate‍d themes such as ESG reporting,​ environmental protection, economic analysis, a⁠nd ene‍rgy efficiency. The​ analysis i‌dentifies certa​in‌ geogra‍ph‌ic clusters, inc‌luding Europe, China, the Uni⁠ted St‍ates, and​ Ind‌ia as significant co⁠ntributors to global research produ⁠ction, desp​ite the restri⁠cted nature of cros⁠s-re‌g​ional collaborati‍o‍n. Emerg‍ing subje⁠cts‍ like ar‍tificial intelligence a⁠nd op​timizatio‍n illustrate the inc‍rea⁠si⁠ng impact of​ digital‍ transformation on sustainable acc⁠ounting⁠ s‍tudy. The study⁠ offers a comprehensive i‍nsight into the⁠ evolution​ of the sub‍jec​t a‍nd highlight‌s significa​nt prospects for enhanci​ng⁠ theoret‌ical int‍egra‍tion, fostering multidisciplinary collabor​ati⁠on, and promoting glob‍al researc⁠h inclus​ivity.
subject: Articles
  topic: section
subject: Sustainability Accounting
  topic: keywords
subject: Scientometric Analysis
  topic: keywords
subject: Sustainability Reporting
  topic: keywords
subject: ESG
  topic: keywords
subject: Sustainable Development.
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 461
ending page: 473
doi: 10.58812/wsaf.v3i03.2413

The Effect of Internal Auditing on Fraud Prevention in State-Owned Enterprises
type: item
description: This study investigates the impact of internal audits on fraud prevention in Indonesian state-owned enterprises (SOEs). Using a quantitative approach, data were collected from 105 respondents consisting of internal auditors, finance officers, and managers across various SOEs. A structured questionnaire employing a five-point Likert scale was used to measure the dimensions of internal audit (independence, competence, audit quality, and management support) and fraud prevention (control effectiveness, ethical culture, and monitoring mechanisms). Statistical analysis was conducted using SPSS version 25 through descriptive statistics, classical assumption tests, and simple linear regression. The results revealed that internal audits have a significant positive effect on fraud prevention, with a determination coefficient (R²) of 0.541, indicating that internal audit explains 54.1% of the variance in fraud prevention. The findings confirm that auditor competence, audit independence, and management support play a critical role in strengthening fraud prevention systems. This study supports the Agency Theory and Fraud Triangle Theory, emphasizing internal audit as an essential governance mechanism to mitigate fraud risk and enhance accountability in SOEs. The results provide theoretical and practical insights for policymakers and management to strengthen audit practices and ethical frameworks in public sector governance.
subject: Articles
  topic: section
subject: Internal Audit
  topic: keywords
subject: Fraud Prevention
  topic: keywords
subject: State-Owned Enterprises
  topic: keywords
subject: Agency Theory
  topic: keywords
subject: SPSS Analysis
  topic: keywords
creator: IGP Ratih Andaningsih
rights: Copyright (c) 2025 IGP Ratih Andaningsih https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 437
ending page: 446
doi: 10.58812/wsaf.v3i03.2412

The Influence of Financial Statement Quality, Corporate Governance, and Capital Structure on Company Value with Profitability as a Mediating Variable
type: item
description: This study examines the effect of financial statement quality, corporate governance, and capital structure on firm value in Indonesia, with profitability serving as a mediating variable. Using a quantitative approach, data were collected from 165 companies across multiple industrial sectors through a structured Likert-scale questionnaire. The data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS 3) to assess both direct and indirect relationships among variables. The findings reveal that financial statement quality and corporate governance have a positive and significant effect on firm value, whereas capital structure has a negative and significant effect. Profitability also plays a mediating role, strengthening the relationships between financial statement quality and corporate governance with firm value, but not between capital structure and firm value. These results confirm that transparent financial reporting, effective governance practices, and prudent capital management collectively enhance profitability and contribute to long-term value creation. The study provides empirical evidence that supports Agency Theory, Trade-Off Theory, and the Resource-Based View (RBV) in explaining firm value formation in emerging markets such as Indonesia. The practical implications emphasize the importance of improving governance mechanisms, financial reporting quality, and profitability strategies to increase investor trust and market valuation.
subject: Articles
  topic: section
subject: Financial Statement Quality
  topic: keywords
subject: Corporate Governance
  topic: keywords
subject: Capital Structure
  topic: keywords
subject: Profitability
  topic: keywords
subject: Firm Value
  topic: keywords
creator: Titis Nistia Sari
rights: Copyright (c) 2025 Titis Nistia Sari https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 421
ending page: 436
doi: 10.58812/wsaf.v3i03.2410

The Relationship between Financial Technology, Risk Perception, and Regulation on Trust in Digital Financial Services
type: item
description: This study investigates the relationship between financial technology (FinTech), risk perception, and regulation on trust in digital financial services among users in Indonesia. Using a quantitative research design, data were collected from 155 respondents who actively use digital financial platforms such as e-wallets, mobile banking, and peer-to-peer lending. The research employed a Likert-scale questionnaire and analyzed data using Structural Equation Modeling–Partial Least Squares (SEM-PLS 3). The results indicate that FinTech has a positive and significant effect on trust, suggesting that technological innovation, ease of use, and transparency enhance user confidence. Conversely, risk perception has a negative and significant effect, showing that security and privacy concerns reduce trust levels. Furthermore, regulation plays a positive moderating role by strengthening the impact of FinTech on trust, implying that effective regulatory oversight enhances institutional credibility and consumer protection. The model explains 68.1% of the variance in trust, reflecting its strong explanatory power. The findings contribute to the theoretical enrichment of the Technology Acceptance Model (TAM) and Institutional Trust Theory, offering practical implications for policymakers and FinTech developers to strengthen public confidence in digital financial ecosystems through innovation, transparency, and adaptive regulation.
subject: Articles
  topic: section
subject: Financial Technology
  topic: keywords
subject: Risk Perception
  topic: keywords
subject: Regulation
  topic: keywords
subject: Trust
  topic: keywords
subject: Digital Financial Services
  topic: keywords
creator: Supriandi Supriandi
creator: Adih Supriadi
rights: Copyright (c) 2025 Supriandi Supriandi, Adih Supriadi https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 405
ending page: 420
doi: 10.58812/wsaf.v3i03.2409

Integration of Corporate Social Responsibility and its Impact on The Triple Bottom Line: A Systematic Literature Review
type: item
description: In recent years, the concept of Corporate Social Responsibility (CSR) has gained increasing importance as part of a company's sustainability strategy. CSR is not only about social or philanthropic activities, but also plays a role in improving a company's overall performance through the Triple Bottom Line (TBL) framework, which encompasses profit, people, and planet. This study conducted a systematic review of various studies that discussed the influence of CSR integration on a company's success in the economic, social, and environmental fields. Key findings indicate that successful CSR implementation is highly dependent on active stakeholder engagement, good corporate governance, and sustainability risk management. However, challenges remain in consistently aligning the three TBL aspects, particularly social and environmental aspects, which tend to be neglected for economic gain. This study emphasizes the need for close collaboration between companies, governments, and communities so that CSR can provide a sustainable positive impact for all parties involved.
subject: Articles
  topic: section
subject: Integration of Corporate Social Responsibility
  topic: keywords
subject: Triple Bottom Line
  topic: keywords
subject: Systematic Literature Review (SLR)
  topic: keywords
creator: Muh. Fachrul Razy
creator: Nur Alim Bahri
rights: Copyright (c) 2025 Muh. Fachrul Razy, Nur Alim Bahri https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 389
ending page: 404
doi: 10.58812/wsaf.v3i03.2408

Bibliometric Mapping of Research on Tax Justice and Equity in Global Financial Systems
type: item
description: This study does an extensive bibliometric analysis of worldwide research on tax justice and equity in financial systems, utilizing data from Scopus (2010–2025) and analytical tools like VOSviewer and Bibliometrix (R-package). The analysis delineates main themes, prominent authors, collaborative networks, and temporal research trends that influence the tax justice discourse. The findings indicate three predominant thematic clusters: fiscal stability and global governance; sustainability and environmental taxes; and social equity within fiscal systems. The United States, China, and Germany are prominent contributors, while the rising involvement of developing economies indicates a steady variety of viewpoints. The collaboration networks among scholars such as Janský, Meinzer, and Cobham demonstrate a strong interaction between empirical research and the promotion of transparency. The report emphasizes ongoing disparities in regional representation and language inclusivity while highlighting an increase in interdisciplinarity across economics, law, and governance. This paper delineates the intellectual framework and research boundaries of tax justice, offering policymakers and scholars a strategic basis for advancing fair, sustainable, and transparent fiscal reforms worldwide.
subject: Articles
  topic: section
subject: Tax Justice
  topic: keywords
subject: Fiscal Equity
  topic: keywords
subject: Global Finance
  topic: keywords
subject: Bibliometric Mapping
  topic: keywords
subject: Sustainability
  topic: keywords
subject: Fiscal Governance
  topic: keywords
subject: Collaboration Networks
  topic: keywords
subject: VOSviewer
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 374
ending page: 388
doi: 10.58812/wsaf.v3i03.2407

Corporate Taxation, Financial Performance, and Investment Behavior: A Bibliometric Review of the Literature
type: item
description: We do a b‍i‍bliometric analysis of‍ research at the nexus of corporate taxation, f⁠inancial perform​ance, and in⁠vestm⁠ent behav‍ior utiliz‍ing Scopus/Web of Science da​ta (19‍90–2025). P‌erf​orma‌nce metrics and science‍ map​ping (co-citation, bibliogr‍aphi​c cou‌pling, co-word, and co-authorship) elucid​ate a sys​te‍m-leve‍l core focused on investment, ta‍x systems,‌ a‌n‌d finan‍cia‍l systems, interco​nnected by themes of effective tax ra​te​s, tax avoidance, and‍ governance.‌ Intern​ational streams associa​te t⁠a​x desig‌n‍ wi⁠th fore‌ign di‌re‌ct investment and mul​tination⁠al strateg‍ies. The overlay and density viewpoints indica​te​ a transition from early capital‌-structure​ econom‍ics to contemporary issu‌es of measurement, enforcement, and inves⁠t⁠ment​ efficiency. C‍o⁠llaboration​ ne‌twor⁠ks are p⁠redominantly center⁠e⁠d‍ around a US–‌UK–German​y axis, w⁠i‌th li‍ttle South​–South connecti‌ons, indicat⁠ing ge‍og⁠raphic‍ bi⁠as and potential for expansio‍n. We pres​ent a cohesiv‌e contin​gency framework that e‍luc⁠id​ates divers‌e findings through governance quality, enforc‌ement transparency, and the struc‌tu‌r‍e of‍ enterprises' investment⁠ portfolios.‍ The‍ stu‍dy prov​ides a replica‌ble framework‌ and strateg‍y for poli‍cy assessment a​nd corporate decision-ma⁠king.
subject: Articles
  topic: section
subject: corporate taxation
  topic: keywords
subject: effective tax rate
  topic: keywords
subject: tax avoidance
  topic: keywords
subject: financial performance
  topic: keywords
subject: investment efficiency
  topic: keywords
subject: capital structure
  topic: keywords
subject: foreign direct investment
  topic: keywords
subject: governance
  topic: keywords
subject: bibliometrics
  topic: keywords
subject: science mapping
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Loso Judijanto https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 360
ending page: 373
doi: 10.58812/wsaf.v3i03.2406

Systematic Literature Review: Pengaruh Green Accounting dan Good Corporate Governance terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Mediasi
type: item
description: This study aims to conduct a Systematic Literature Review (SLR) to analyze the influence of Green Accounting on company value and profitability, the influence of Good Corporate Governance (GCG) on these two variables, and the role of profitability as a mediator in the relationship. The SLR method was used to synthesize 20 relevant articles published between 2019 to 2025 with a focus on the theory of Legitimacy, Stakeholder, and Signaling. The results show that Green Accounting generally has a positive effect on company value through increased environmental transparency, although inconsistencies arise in the mining sector. GCGs consistently increase the value of companies through strong oversight mechanisms, but their effectiveness is reduced in companies with concentrated ownership. These variables also have a positive impact on profitability, with Green Accounting improving long-term operational efficiency and GCG reducing conflicts of interest, although upfront costs may weigh on performance temporarily. Profitability acts as a partial mediator, giving investors a positive signal and increasing valuations. Green Accounting and GCG practices contribute significantly to corporate sustainability, especially in Indonesia, but require stricter regulatory support. Research gaps include methodological variations and a lack of focus on specific sectors, so further research is needed for better generalizations.
subject: Articles
  topic: section
subject: Green Accounting
  topic: keywords
subject: Good Corporate Governance
  topic: keywords
subject: Profitability
  topic: keywords
subject: Company Values
  topic: keywords
subject: Systematic Literature Review
  topic: keywords
creator: Suci Mulyani
creator: Sri Rahayu
creator: Wirmie Eka Putra
rights: Copyright (c) 2026 Suci Mulyani, Sri Rahayu, Wirmie Eka Putra https://creativecommons.org/licenses/by-sa/4.0
date: 2026-03-31
publication date: 2026-03-31
starting page: 1
ending page: 10
doi: 10.58812/wsaf.v4i01.2401

Implications of Fintech and High Frequency Trading (HFT) Developments on Capital Market Efficiency: A Systematic Literature Review
type: item
description: With the rapid development of digital technology, global capital markets are undergoing a major transformation through the emergence of Financial Technology (FinTech) and High-Frequency Trading (HFT). This study aims to examine how these two technologies affect capital market efficiency in various countries. The method used was a Systematic Literature Review (SLR), examining 27 scientific articles published between 2021 and 2025 relevant to the topics of FinTech, HFT, and market efficiency. The results show that the implementation of FinTech and HFT can increase liquidity, transaction speed, and price efficiency through the use of technologies such as trading algorithms, blockchain, and automated trading systems. However, in developing markets, their impact remains limited due to limited digital infrastructure, immature regulations, and low financial literacy. Therefore, technological readiness, adaptive governance, and strong regulations are critical factors in ensuring stable and sustainable market efficiency. The implications of this study provide new insights into the role of financial technology in strengthening market efficiency and serve as a basis for policymakers and researchers in developing future digital capital markets.
subject: Articles
  topic: section
subject: FinTech
  topic: keywords
subject: High-Frequency Trading
  topic: keywords
subject: Market Efficiency
  topic: keywords
subject: Capital Market
  topic: keywords
subject: SLR
  topic: keywords
creator: Annesa Tasya Maghfirah
creator: Mubdi Dzuwhandy
creator: Syarifuddin Syarifuddin
creator: Darmawati Darmawati
rights: Copyright (c) 2025 Annesa Tasya Maghfirah https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 322
ending page: 344
doi: 10.58812/wsaf.v3i03.2352