The landscape of accounting-related research in Indonesia: mapping distinctive settings and future research agenda
Abstract
Purpose
This systematic literature review presents the evolution of accounting-related research in the Indonesian context. We examine 55 academic articles from the initial 296 records of accounting and finance research in the Q1 Scopus-indexed journals from 1995 to 2022. This study sheds light on Indonesia’s main research streams, unique settings and urgent future research agenda.
Design/methodology/approach
This study adopts a systematic approach for a comprehensive literature review. We select articles according to a series of criteria and compile the metadata for the bibliographic mapping.
Findings
Our bibliometric analysis suggests five main research streams, namely (1) political connection, (2) capital market, (3) audit and accountability, (4) firm policy and (5) banking. We identify the following distinctive country settings, which are well discussed in extant literature: political connection, two-tier board system, weak accounting profession, information opacity and cultural impact on accounting. We outline prospective agendas to examine the institutional mechanisms’ role in addressing major environmental challenges through accountability.
Originality/value
This study offers unique contributions to the literature by comprehensively reviewing accounting-related research in Indonesia. Despite Indonesia’s economic and environmental importance, it has received limited attention from scholars. Using dynamic topic analysis, we highlight the need to examine the role of informal institutions, such as political connections and culture and formal institutional mechanisms, such as corporate governance and environmental disclosure.
Keywords
Acknowledgements
The authors acknowledge the contructive and invaluable comments from Zijie Huang, Millie Liew, and Zhuo Li.
Funding: This project is funded by Beasiswa Pendidikan Indonesia, Center for Higher Education Funding (BPPT-PUSLAPDIK) of the Ministry of Education, Culture, Research and Technology of the Republic of Indonesia, and Indonesian Endowment Fund for Education (LPDP), document number: 0660/PLPP.1/BPI.LG/I/2023.
Citation
Kristanto, A.B. and Cao, J. (2024), "The landscape of accounting-related research in Indonesia: mapping distinctive settings and future research agenda", Journal of Accounting Literature, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JAL-08-2023-0148
Publisher
:Emerald Publishing Limited
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