Paradoks Pelaporan Keuangan Real-Time: Tinjauan Literatur Sistematis mengenai Kelebihan Informasi dan Bias Kognitif Investor
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Paulina Yuritha Amtiran(1*)
Universitas Nusa Cendana
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Gitasiswhara Gitasiswhara(2)
Universitas Pendidikan Indonesia
(*) Corresponding Author
Keywords:
Efisiensi Pasar, Kecerdasan Buatan, Perilaku Investor, Real-Time Financial Reporting, Regulasi Akuntansi
Abstract
Tujuan – Untuk mensintesis literatur terkini mengenai dampak strategis RTFR terhadap efisiensi pasar, perilaku investor, dan tantangan regulasi di era kecerdasan buatan (AI).
Metodologi – Metode tinjauan literatur sistematis, studi ini menganalisis interaksi antara ketersediaan data instan dengan dinamika psikologis investor. Dengan menggunakan alur PRISMA, semua artikel internasional dan nasional dipilah agar adanya transparansi, objektivitas dan keterulangan dalam proses SLR dan keterkaitan AI dan blockchain dalam pelaporan keuangan yang modern.
Temuan – Temuan menunjukkan bahwa meskipun RTFR berhasil memitigasi asimetri informasi, ketersediaan data yang berlebihan (information overload) justru berpotensi memicu bias kognitif dan keputusan investasi yang impulsif. Integrasi AI dan blockchain diidentifikasi sebagai solusi masa depan untuk menjamin transparansi mutlak, namun efektivitasnya sangat bergantung pada kesiapan infrastruktur siber dan kerangka etika algoritma.
Implikasi – Secara praktis, hasil studi ini memberikan masukan bagi regulator dalam merumuskan kerangka pengawasan pasar modal yang adaptif serta pentingnya peningkatan literasi digital bagi investor. Secara teoretis, penelitian ini memperkaya literatur mengenai dampak psikologis dan teknologis dari pelaporan keuangan waktu nyata.
Kebaruan – Keberhasilan implementasi RTFR memerlukan sinergi antara inovasi teknologi, pengawasan regulasi yang adaptif, dan peningkatan literasi digital investor untuk menjaga stabilitas pasar modal jangka panjang.
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References
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Srihith, I. V. D., Rajitha, L., Thriveni, K., Donald, A. D., & Blessy, P. (2023). Trading on Autopilot : The Rise of Algorithmic Trading. International Journal of Advanced Research in Science, Communication and Technology (IJARSCT), 3(4), 396–397. https://doi.org/10.48175/IJARSCT-9893
Stanciu, V., & Rîndașu, S. (2018). The Impact of General Data Protection Regulation in The Accounting Profession – Evidences from Romania. Journal of Information Assurance & Cyber Security. https://doi.org/10.5171/2018.758054
Thompson, P. A. (2013). Invested interests? Reflexivity, representation and reporting in financial markets. SAGE Open, 14(2), 208–227. https://doi.org/10.1177/1464884912474201
Uddin, M. H. (2023). Surveillance technology and the protection of small investors in real-time markets. Journal of Capital Market Studies, 7(2), 154–171.
Wang, Y., & Wang, Z. (2016). ERP , Capital Management and Profitability : An Empirical Study of Chinese Automobile Manufacturers. International Conference on Computer and Information Technology Application (ICCITA 2016).
Zeng, Y., Lu, Y., & Miroslaw, J. (2012). Enterprise Resource Planning Systems for Project-Based Firms : Benefits , Costs & Implementation Challenges. Journal for the Advancement of Performance Information and Value, 4(1), 85–96.
Zhang, J., Yang, X., & Appelbaum, D. (2015). Toward Effective Big Data Analysis in Continuous Auditing. Accounting Horizons, 29(2), 469–476. https://doi.org/10.2308/acch-51070
Al-Mansour, B. Y., Elkrghli, S., & Almansour, A. Y. (2023). Behavioral finance factors and investment decisions : A mediating role of risk perception. Cogent Economics & Finance, 11, 1–20. https://doi.org/10.1080/23322039.2023.2239032
Alles, M. G., Kogan, A., & Vasarhelyi, M. A. (2008). Putting Continuous Auditing Theory into Practice: Lessons from Two Pilot Implementations. Journal of Information Systems, 22(2), 195–214. https://doi.org/10.2308/jis.2008.22.2.195
Bakarich, K. M., Castonguay, J. “Jack,” & O’Brien, P. E. (2020). The Use of Blockchains to Enhance Sustainability Reporting and Assurance. Accounting Perspectives, 19(4), 389–412.
Bharadiya, J. P. (2022). Driving Business Growth with Artificial Intelligence and Business Intelligence. International Journal Of Computer Science And Technology, 6(4), 28–44.
Buttigieg, C. P., Consiglio, J. A., & Sapiano, G. (2020). A Critical Analysis Of The Rationale For Financial Regulation Part II: Objectives Of Financial Regulation. European Company and Financial Law Review, 437–477.
Camfferman, K. (2022). On Edwards ’ A History of Corporate Financial Reporting in Britain. Accounting History, 27(3), 467–480. https://doi.org/10.1177/10323732221086968
Garrity, E. J., O’Donnell, J. B., & Sanders, G. L. (2005). Continuous Auditing and Data Mining.
Grube, C., Park, S.-Y., & Jakob Rüden. (2020). Moving from cash preservation to cash excellence for the next normal (Issue September).
Hansen, K. B. (2020). The virtue of simplicity : On machine learning models in algorithmic trading. Big Data & Society. https://doi.org/10.1177/2053951720926558
Hung, P. H. (2023). The Influence of Cultural , Legal and Institutional Factors on Auditors ’ Roles , Responsibilities and Perceptions of Audit Quality. European Journal of Theoretical and Applied Sciences, 1(5). https://doi.org/10.59324/ejtas.2023.1(5).99
Igbekoyi, O. E., Oke, O. E., Awotomilusi, N. S., & Muyiwa Emmanuel Dagunduro. (2023). Assessment of Big Data and Efficacy of Accounting Practice in Nigeria. Asian Journal of Economic, Finance and Management, 5(1), 297–312.
Joshi, A., & Gupta, P. (2023). Impact of artificial intelligence on the accounting profession: A systematic literature review and future research agenda. Journal of Financial Reporting and Accounting, 21(3), 560–585.
Karaömer, Y., & Acaravci, S. K. (2023). Adaptive Market Hypothesis : Evidence From the Cryptocurrency Market. Iranian Journal of Management Studies, 16(1), 125–138.
Kayode-ajala, O. (2023). Applications of Cyber Threat Intelligence ( CTI ) in Financial Institutions and Challenges in Its Adoption. Applied Research in Artifial Intelligence and Cloud Computing, 6(1).
Khattak, B. H. A., Shafi, I., Khan, A. S., Flores, E. S., Lara, R. G., Samad, M. A., & Ashraf, I. (2023). A Systematic Survey of AI Models in Financial Market Forecasting for Profitability Analysis. IEEE Access, 11(November), 125359–125380. https://doi.org/10.1109/ACCESS.2023.3330156
Li, S., Yen, D. Y., & Chuang, Y. (2016). A Real-Time Audit Mechanism Based on the Compression Technique Open Access Support provided by : A Real-Time Audit Mechanism Based on the Compression Technique. ACM Transactions on Management Information Systems (TMIS), Volume, 7(2). https://doi.org/10.1145/2629569
Maple, C., Epiphaniou, G., Yan, Z., & Jones, K. G. (2023). Ethical implications of AI in financial disclosure: Accountability and transparency. Journal of Business Ethics, 185(2), 275–292.
Meka, E., & Tosku, S. (2023). Investor ’ s financial behavior in Albania – The case of real estate market Access to Success. General Management, 24(193), 403–416. https://doi.org/10.47750/QAS/24.193.46
Metwally, A. H. (2023). The Effect of Overconfidence Bias on Investors Decisions in the Egyptian Stock Market : The Role of Information. Alexandria Univesity for Administrative Sciences© – Vol. 60, 60(2), 47–85.
Mosteanu, N. R., & Faccia, A. (2020). Digital Systems and New Challenges of Financial Management – FinTech , XBRL , Blockchain and Cryptocurrencies Digital Systems and New Challenges of Financial Management –. QUALITY Access to Success Vol., 21(174), 159–166.
Musabegovic, I., Djukovic, S., Jovanovic, S., & Technology, F. (2019). Influence Of Financial Technology ( Fintech ) Of Financial Industry. Economics of Agriculture, 66(4), 1003–1021. https://doi.org/10.5937/ekoPolj1904003M
Nicolae, T. C. (2022). Reflections on the Digitalization of the Accounting System. “Ovidius” University Annals, Economic Sciences Series, XXII(2), 966–972.
Nugrahanti, T. P., Puspitasari, N., & Andaningsih, I. G. P. R. (2023). Transformasi Praktik Akuntansi Melalui Teknologi : Peran Kecerdasan Buatan , Analisis Data , dan Blockchain dalam Otomatisasi Proses Akuntansi. Jurnal Akuntansi Dan Keuangan West Science, 2(03), 213–221.
Nunes, F., Correa, C., Jandrey, A., Barcelos, A., Reyes, D., Bernardes, M., Sales, A., & Bernardes, M., Sales, A., & Silveira, M. S. (2020). Data visualization on focus: Exploring communicability of dashboards generated from BI tools. Proceedings of the 19th Brazilian Symposium on Human Factors in Computing Systems, 1–6. https://dl.acm.org/doi/10.1145/3424953.3426544
Pourghaffar, J., & Salteh, H. M. (2023). The Relationship between Performance-based Budgeting Characteristics with the Integrated Reporting Approach in the Public Sector. Iranian Journal of Accounting, Auditing & Finance, 7(4). https://doi.org/10.22067/ijaaf.2022.42760.1173
Premuroso, R. F., & Bhattacharya, S. (2008). Do Early and Voluntary Filers of Financial Information in XBRL Format Signal Superior Corporate Governance and Operating Performance? International Journal of Accounting Information Systems, 9(1), 1–20.
Qin, S. (2022). A Review of Research on the Impact of Blockchain on Financial Reporting. Accounting, Auditing and Finance, 3, 51–58. https://doi.org/10.23977/accaf.2022.030108
|
Rahayu, S. K. (2021). Disrupsi Akuntansi, Fase Titik Lejit Kemajuan Bisnis Dan Perekonomian. Jurnal Riset Akuntansi Dan Keuangan, 9(1), 65–82. https://doi.org/10.17509/jrak.v9i1.26324.Copyright
Rendtorff, J. D. (2020). Corporate citizenship , stakeholder management and Sustainable Development Goals ( SDGs ) in financial institutions and capital markets. Sustainable Development Goals, 4(1), 47–59. https://doi.org/10.1108/JCMS-06-2020-0021
Srihith, I. V. D., Rajitha, L., Thriveni, K., Donald, A. D., & Blessy, P. (2023). Trading on Autopilot : The Rise of Algorithmic Trading. International Journal of Advanced Research in Science, Communication and Technology (IJARSCT), 3(4), 396–397. https://doi.org/10.48175/IJARSCT-9893
Stanciu, V., & Rîndașu, S. (2018). The Impact of General Data Protection Regulation in The Accounting Profession – Evidences from Romania. Journal of Information Assurance & Cyber Security. https://doi.org/10.5171/2018.758054
Thompson, P. A. (2013). Invested interests? Reflexivity, representation and reporting in financial markets. SAGE Open, 14(2), 208–227. https://doi.org/10.1177/1464884912474201
Uddin, M. H. (2023). Surveillance technology and the protection of small investors in real-time markets. Journal of Capital Market Studies, 7(2), 154–171.
Wang, Y., & Wang, Z. (2016). ERP , Capital Management and Profitability : An Empirical Study of Chinese Automobile Manufacturers. International Conference on Computer and Information Technology Application (ICCITA 2016).
Zeng, Y., Lu, Y., & Miroslaw, J. (2012). Enterprise Resource Planning Systems for Project-Based Firms : Benefits , Costs & Implementation Challenges. Journal for the Advancement of Performance Information and Value, 4(1), 85–96.
Zhang, J., Yang, X., & Appelbaum, D. (2015). Toward Effective Big Data Analysis in Continuous Auditing. Accounting Horizons, 29(2), 469–476. https://doi.org/10.2308/acch-51070
Published
2026-10-31
How to Cite
Amtiran, P., & Gitasiswhara, G. (2026). Paradoks Pelaporan Keuangan Real-Time: Tinjauan Literatur Sistematis mengenai Kelebihan Informasi dan Bias Kognitif Investor. Journal Economic Education, Business and Accounting, 5(2), 655–666. https://doi.org/10.35508/jeeba.v5i2.30491
Section
Articles
