https://journal.undiknas.ac.id/index.php/akuntansi <p align="justify"><strong>Jurnal Ilmiah Akuntansi dan Bisnis</strong> accepts articles that are not published in another journal within the scope of Financial Accounting, Management Accounting, Taxation, and Auditing. In general, articles published by the <strong>Jurnal Ilmiah Akuntansi dan Bisnis</strong> are scientific papers that contribute to the development and dissemination of knowledge in the field of Accounting. The main readers of the <strong>Jurnal Ilmiah Akuntansi dan Bisnis</strong> are academics, students, practitioners, business people, and those interested in Accounting. Articles can be written in Indonesian or English. <strong>Jurnal Ilmiah Akuntansi dan Bisnis</strong> has an E-ISSN: <strong><a href="http://u.lipi.go.id/1467277402" target="_self">2528-1216</a></strong> and P-ISSN: <strong><a href="http://u.lipi.go.id/1468388489" target="_self">2528-2093</a></strong>.</p> Universitas Pendidikan Nasional en-US Jurnal Ilmiah Akuntansi dan Bisnis 2528-2093 https://journal.undiknas.ac.id/index.php/akuntansi/article/view/7442 <p>This study investigates the role of managerial ownership as a primary internal governance mechanism in moderating the impact of growth dynamics on firm profitability within a capital-intensive industry. Focusing on Indonesian energy companies listed on the Indonesia Stock Exchange during 2022–2024, the study investigates the effects of the Investment Opportunity Set (IOS) and Asset Growth (AG) on financial performance (ROA) and tests Managerial Ownership (MOWN) as a moderating variable. Using a balanced panel of 39 firms (117 firm-year observations) and applying moderated regression analysis within a panel-data framework, the estimation indicates that IOS is negatively and significantly associated with ROA, suggesting that higher market-implied growth opportunities coincide with lower contemporaneous profitability in the sampled period. In contrast, AG shows a positive and significant effect on ROA, implying that realized asset expansion is, on average, associated with improved profitability. Managerial ownership does not exhibit a significant direct effect on ROA, however it plays a contingent role through interaction effects. Specifically, MOWN weakens the negative IOS–ROA relationship and dampens the positive AG–ROA relationship, indicating that managerial equity stakes condition how growth expectations and realized expansion translate into profitability. These findings extend agency-based insights on investment efficiency in high CAPEX settings and offer practical implications for boards and investors regarding the governance conditions under which growth becomes more or less profitable.</p> I Kadek Bagiana Putu Pande R. Aprilyani Dewi Made Denny Oktaryana Putu Ayu Anggya Agustina Copyright (c) 2026 I Kadek Bagiana, Putu Pande R. Aprilyani Dewi, Made Denny Oktaryana, Putu Ayu Anggya Agustina https://creativecommons.org/licenses/by-sa/4.0 2026-05-22 2026-05-22 11 1 1 4 10.38043/jiab.v11i1.7442 https://journal.undiknas.ac.id/index.php/akuntansi/article/view/7597 <p>This study investigates the effects of liquidity, investment opportunity set (IOS), and corporate social responsibility (CSR) on the financial performance of banking firms in Indonesia during 2022–2024. Using secondary data drawn from audited annual reports and sustainability reports, this study analyzes a balanced panel of 135 bank-year observations from 45 banking companies listed on the Indonesia Stock Exchange. The hypotheses are tested using a fixed effect panel regression model with interaction terms to examine the moderating roles of IOS and CSR in the relationship between Loan to Deposit Ratio (LDR) and Return on Assets (ROA). The results show that LDR and IOS have a significant negative effect on ROA, while CSR has a significant positive effect on ROA. The interaction analysis further indicates that IOS positively moderates the effect of LDR on ROA, implying that higher IOS weakens the negative effect of LDR on profitability. In contrast, CSR negatively moderates the effect of LDR on ROA, indicating that higher CSR strengthens the negative effect of LDR on profitability. These findings suggest that bank profitability in the post-pandemic period is shaped not only by liquidity management and growth opportunities, but also by the way social responsibility interacts with lending intensity. This study contributes to the banking literature by providing recent evidence from an emerging market and by integrating financial and non-financial determinants of performance within a moderated panel-data framework.</p> Yura Karlinda Wiasa Putri Copyright (c) 2026 Yura Karlinda Wiasa Putri https://creativecommons.org/licenses/by-sa/4.0 2026-05-22 2026-05-22 11 1 14 27 10.38043/jiab.v11i1.7597