The Journal of Financial, Accounting, and Economics

Economic Growth, Financial Development and Carbon Emissions. Does Institutional Quality Matter?

2025-05-07T23:49:35+00:00

This study investigates the moderating role of institutional quality on the relationship between economic growth, financial development and carbon missions in Sub-Saharan Africa using a fixed effects panel regression model. The analysis reveals that economic growth and financial development have a positively and significantly relationship with carbon emissions, suggesting that these factors contribute to environmental degradation when sustainability measures are lacking. Conversely, institutional quality exhibit negative and significant effects on emissions, highlighting its potential in mitigating environmental harm. Importantly, interaction terms show that institutional quality moderates the positive effects of economic growth and financial development on carbon emissions, implying that strong institutions can reduce the environmental costs of development. These findings underscore the critical role of institutional quality in shaping the environmental outcomes of economic and financial progress. Policy recommendations include strengthening institutional frameworks, promoting green finance, and aligning economic growth with sustainable development goals to achieve low-carbon growth in the region.

Synergy of Information Technology, Accounting Information Systems, and Human Resource Quality in Enhancing Employee Performance

2025-06-04T22:50:19+00:00

This study aims to analyze the influence of the use of information technology, accounting information systems, and human resource quality on employee performance at PT Sinar Mutiara Miru-Lamongan. The method used in this study is a quantitative descriptive approach with a population of all company employees. The data used consists of primary data obtained through questionnaires, as well as secondary data to support the analysis. The data processing was carried out using SPSS version 25 software, through the stages of descriptive statistical tests, data quality tests, classical assumption tests, and hypothesis tests.

The results of the study indicate that simultaneously, the use of information technology, accounting information systems, and the quality of human resources significantly influence employee performance. Partially, each variable also proved to have a significant impact, with human resource quality being the most dominant factor influencing performance. These findings indicate that improving HR competency, supported by an integrated information system and appropriate technology utilization, will drive optimal work productivity. This research provides a practical contribution to companies in formulating performance improvement strategies based on the synergy between technology, information systems, and HR development.

Impact of G20 on Financial Inclusion in Indonesia: Microfinance, Financial Technology, and Economic Digitalization

2025-06-04T22:53:38+00:00

Financial inclusion has been a key focus area in the G20 Finance Track, which aims to address and reduce economic disparities through expanding access to financial services. This is particularly relevant for low-income and remote communities, which face various barriers to accessing the formal financial system, be it geographical, infrastructural, or socio-economic. By increasing access to financial products and services such as savings, credit, insurance, and digital payments, financial inclusion is expected to drive economic empowerment, strengthen financial resilience, and reduce poverty. The G20 initiative is an important catalyst in mainstreaming financial inclusion as an inclusive sustainable development strategy. Therefore, it is important to empirically assess the extent of the impact of this policy on real conditions at the micro and macro levels.

This study aims to analyze and describe the changes that occur in microfinance institutions, the development of financial technology (fintech), and economic digitalization through e-commerce in Indonesia, especially in the context of the implementation of the G20 agenda. The approach used in this research is descriptive quantitative with a paired sample t-test method to measure the difference between conditions before and after the G20 intervention. The results show that there is a statistically significant increase in a number of financial inclusion indicators after the intervention, especially in the aspects of fintech usage and digital transactions. This finding provides empirical evidence that the G20 plays an important role in accelerating digital financial transformation in Indonesia. Thus, global policies and agendas such as the G20 can have a real and positive impact on financial inclusion at the national level, if adaptively integrated with local needs.

Effectiveness of Momentum and Contrarian Strategies: A Systematic Literature Review Across Countries, Models, and Market Conditions

2025-06-08T10:24:33+00:00

This study synthesizes empirical findings related to the effectiveness of momentum and contrarian investment strategies in various global stock markets during the period 1993-2023. Using a Systematic Literature Review (SLR) approach of 25 peer-reviewed scientific articles, this study analyzes the strategy characteristics, success determinants, and market context that affect the profitability of both approaches. The results show that momentum strategies are superior in the short term, especially in markets with low to medium information efficiency, while contrarian strategies are more effective in the long term, especially in markets with overreaction tendencies and retail investor dominance. The effectiveness of both strategies is highly contextual, depending on market microstructure, macroeconomic conditions, the risk model used, as well as the characteristics of market participants. Recent research trends point to the importance of adaptive strategies, such as volatility-based momentum, switching strategies, as well as the integration of behavioral factors such as investor attention. The study also identifies research gaps in cross-market validation, transaction costs, and response to geopolitical dynamics. The findings provide practical implications for investors and policymakers to develop more resilient and adaptive investment strategies.

Promotion and Price Discount Strategies in Encouraging Consumer Purchasing Decisions: A Case Study of Indomaret in Amahusu Village, Ambon

2025-06-07T00:40:05+00:00

This research is motivated by two main reasons. First, the high density of retail stores in Ambon City, including Indomaret, Alfamidi, supermarkets, and privately owned stores, has created increasingly fierce competition. To face this competition, Indomaret implements sales promotion strategies and price discounts to attract consumer interest. Second, there is a gap in previous research results regarding the effect of price discounts on purchasing decisions, so further empirical confirmation is needed. Therefore, this study aims to analyze the influence of sales promotions and price discounts on the purchasing decisions of Indomaret consumers in Amahusu Village, Ambon City.

This study used a quantitative approach with a survey method and multiple regression analysis techniques. Data were collected from 207 respondents who were local Indomaret consumers. The results showed that sales promotions positively and significantly influenced purchasing decisions, as did price discounts, significantly encouraging consumer purchasing decisions. Simultaneously, both variables were also proven to influence purchasing decisions at Indomaret Amahusu positively. Thus, sales promotion and price discount strategies effectively increase consumer purchasing interest, partially and simultaneously.