Risiko Ekspropriasi Oleh Pemilik Pengendali Dan Tata Kelola Perusahaan Terhadap Tingkat Penggunaan Utang Bank

This study aimed to analyze the effect of the expropriation risk by controller shareholders and corporategovernance (GCG) to the use level of bank loan owned by the company. The samples used in this study were thedata 226 manufacturing companies listed in Indonesia Stock Exchange in period 2010-2012. The resultsshowed that the magnitude of expropriation risk that could be done by controlling shareholders adverselyaffected the level of bank loan. This showed two things: in making loans to the company, banks considered thepossibility of the expropriation. The companies that had the expropriation risk would have less loan to thebank because the company avoided scrutiny which was higher than banks. This study could not prove theinfluence of corporate governance on the level of bank loan. The result on the audit quality variable showed apositive correlation between KAP size and bank loan levels

Praktek Window Dressing Pada Reksa Dana Saham Di Indonesia Selama Periode 2001-2007

During maintaining their assets, there is an indication those days surrounding every reporting date, which is the date at each year end; fund manager behaves differently from any other dates. Some researchers and analysts conclude this behavior as what-so-called window dressing, which is a practice to present the report in favor of the investors' expectation. This study is intended to examine the existence of such behavior in Indonesia. Some of the signals that aid in proving the existence of window dressing are the turn-of-year factor, lagged returns, and fund's objectives. The result of this study exhibits indications of turn-of-year factor and lagged return inclined to window dressing. This study fails to verify the indications of fund's objective inclined to window dressing because of the changing objectives during the portfolio management

Analisis Dampak Kualitas Komite Audit Terhadap Kualitas Laporan Keuangan Perusahaan Dengan Kualitas Audit Sebagai Variabel Moderasi

This research is aimed to examine the impact of audit committee quality measured by audit committee expertise, audit committee size, and number of meeting on the quality of company financial reporting with an audit quality as a moderating variable. This research uses three measures for financial reporting quality which are persistency, predictability, and conservatism. The results of this research show that audit committee quality affects financial reporting quality. Audit committee financial literacy significantly increase persistency and predictability of earnings. Size of audit committee positively affects earnings persistency and negatively affects earnings predictability and conservatism. Number of audit committee meeting also significantly increase persistency, predictability of earnings, and conservatism. We find a mixed evidence on the moderating role of audit quality in the the relationship between audit committee quality and financial reporting quality.Keywords: financial reporting quality, persistency, predictability, conservatism, audit committee---Penelitian ini bertujuan untuk meneliti pengaruh kualitas komite audit yang diukur dengan keahlian komite audit, ukuran komite audit, dan jumlah rapat terhadap kualitas pelaporan keuangan Perusahaan dengan kualitas audit sebagai variabel moderasi. Penelitian ini menggunakan tiga ukuran kualitas pelaporan keuangan yaitu persistensi, prediktabilitas, dan konservatisme. Hasil penelitian menunjukkan bahwa kualitas komite audit berpengaruh terhadap kualitas laporan keuangan. Keahlian komite audit di bidang keuangan secara signifikan meningkatkan persistensi dan prediktabilitas dari laba. Ukuran komite audit secara signifikan berpengaruh positif terhadap persistensi dan berpengaruh negatif terhadap prediktabilitas laba dan konservatisme. Jumlah rapat anggota komite audit juga secara signifikan berpengaruh positif terhadap persistensi, prediktabilitas laba, dan konservatisme. Penelitian ini menemukan bukti yang berbaur atas efek moderasi dari kualitas audit terhadap hubungan antara kualitas komite audit dan kualitas pelaporan keuangan

Pengaruh Agency Cost of Free Cash Flow Terhadap Tingkat Konservatisme Dan Pengujian Efek Moderasi Kebijakan Hutang, Pendistribusian Kas, Persistensi Kas, Dan Tata Kelola Perusahaan

This research investigates whether the J-type firm (high agency cost of free cash flow) provide more conservative financial statements than non J-type firm. Besides, this research also aim to examine the moderating effects of debt, dividend, stock repurchase, cash persistency, and corporate governance on the relationship between the level of agency cost of free cash flow and conservatism level of financial statements. This research uses two measurement of conservatism, namely accrual conservatism and market value conservatism. Research sample includes manufacturing companies listed in the Indonesian Stock Exchange for the year 2007, 2008 and 2010. The result proves that there is a positive and significant relationship between the level of agency cost of free cash flow and the two measurement of conservatism level of financial stataments. However, this research shows that there is no effect of the moderating variables on that relationship

Pengaruh Efektivitas Dewan Komisaris, Komite Audit dan Kepemilikan Institusional terhadap Efisiensi Investasi

This study aims to determine the effect of the effectiveness of the board of commissioners, audit committee, and institutional ownership on the efficiency of corporate investment. In addition to that, it aims to determine the moderation effect of institutional ownership toward the relationship between the effectiveness of the board of commissioners and audit committee with the efficiency of the company's investment. The effectiveness of the board of commissioners and audit committee is measured based on the independency, activity, size, and competence. By using logistic regression with 282 samples from Indonesia Stock Exchange in 2014, the results of this study provide empirical evidence that the effectiveness of the board of commissioners and institutional ownership has no effect on the efficiency of corporate investment, while the effectiveness of audit committees has a positive influence in the efficiency of corporate investment. Furthermore, institutional ownership can not strengthen the relationship between the effectiveness of the board's effectiveness and the effectiveness of the audit committee with the efficiency of the corporate investment. This study contributes to the literature, in which the previous literature has not linked investment efficiency with specific governance mechanisms that relats to effectiveness of the board of commissioners and audit committees. Furthermore, this study contributes to the examination of moderating role of institutional ownership. This study implies that with regard to investment decisions, the audit committee has a significant role in assisting the board of commissioners in carrying out its monitoring functions

Hubungan Budaya Kesehatan dan Keselamatan Kerja (K3) terhadap Produktivitas Kerja di Bagian Instalasi Pg.mritjan Kediri

One of the company\u27s goal is to increase the productivity of the company. The purpose of this research is to know the relationship of occupational health and safety culture on labor productivity in the section Installation of PG.Mritjan kediri.The research uses cross sectional design. Population is all the workers in worker of Installation PG.Mritjan kediri using total sampling technique, a total sample of 59 respondents.The results of this research on variable occupational health and safety culture (K3) shows that 32 respondents (54,2%) were able to implement a culture of safety and occupational health well and on labor productivity got 54 respondents or (91,5%) had Good work productivity. Using Correlation pearson analysis, the level of significance value = 0,000 ( = 0,05) showed occupational health and safety culture on the productivity of labor in the section Installation PG.Mritjan Kediri. This is because the company provides health insurance, fulfillment of personal protective equipment and to provide job training to workers so as to improve quality and efficiency in work

Perilaku Anomali Pasar Atas Akrual Konformitas Akuntansi-pajak Dalam Konteks Modernisasi Sistem Perpajakan Di Indonesia

This study aims to analyze the impact of modernization of taxation system and amendment of income tax law on the components of the book-tax conformity accruals, whether there are any differences in the earnings persistence of book-tax conformity accruals (which have higher tax conformity) and book-only accruals (which have lower tax conformity). This study also demonstrates whether the market anomalies occur on those accruals component in the context of taxation in Indonesia. By using 1.729 observations over the years of 2002-2014, this study shows that strategy in book-tax conformity accruals is generally income increasing, while strategy in book-only accruals is income decreasing. The company\u27s policy on accrual components has different characteristics before and after the implementation of this phase. Governance improvement of taxation authority can increase corporate book-tax conformity accruals. However, when corporate is facing changes in tax laws such as simplification and lower tax rate, they decrease book-tax conformity accruals. Therefore, discretionary book-tax conformity accruals are mispriced by market

The Effect of Controlling Shareholders and Corporate Governance on Audit Quality

This research aims to investigate the effect of controlling shareholders and the effectiveness of board of commissioners and audit committee on the audit quality measured by AQMS (Audit Quality Metric Score). This study uses companies listed in the Indonesian Stock Exchange as the sample. The results of this research provide evidence that alignment and entrenchment effect of the controlling shareholders have positive effect on audit quality. The alignment of interests between the controlling and non-controlling shareholders cause the company to appoint a high-quality auditor. The results also show that when companies face high entrenchment effect of the controlling shareholders, they still appoint a high-quality auditor to reduce the agency conflict and to maintain the company's reputation. This research also shows that the effectiveness of board of commissioners and audit committee positively affect the audit quality.---Penelitian ini bertujuan untuk menguji pengaruh pemegang saham pengendali serta efektivitas dewan komisaris dan komite audit terhadap kualitas audit yang diukur dengan AQMS (Audit Quality Metric Score). Penelitian ini menggunakan Perusahaan yang terdaftar di Bursa Efek Indonesia sebagai sampel. Hasil penelitian ini memberikan bukti bahwa efek alignment dan entrenchment dari pemegang saham pengendali berpengaruh positif terhadap kualitas audit. Penyelarasan kepentingan antara pemegang saham pengendali dan pemegang saham non-pengendali menyebabkan Perusahaan menunjuk auditor yang berkualitas tinggi. Hasil penelitian juga menunjukkan bahwa ketika Perusahaan menghadapi efek entrenchment yang tinggi dari pemegang saham pengendali, Perusahaan tetap menunjuk auditor yang berkualitas tinggi untuk mengurangi konflik agensi dan untuk mempertahankan reputasi Perusahaan. Penelitian ini juga menunjukkan bahwa efektivitas dewan komisaris dan komite audit berpengaruh positif terhadap kualitas audit

Job Security, Wellness, dan Pride Komponen Quality Of Work Berpengaruh terhadap Kualitas Pelayanan Perawat

Perawat adalah salah satu profesi di rumah sakit yang berperan penting dalam penyelenggaraan upaya menjaga mutu pelayanan kesehatan di rumah sakit. Tujuan dari penelitian ini adalah mengetahui faktor dominan dari quality work of life yang mempengaruhi kualitas pelayanan perawat di RSM Ahmad Dahlan Kediri. Dengan populasi yang berjumlah 85 perawat menggunakan simple random sampling didapatkan jumlah sampel 70 perawat. Korelasi Pearson di gunakan untuk mengetahui hubungan antara komponen quality work of life terhadap kualitas pelayanan perawat. Analisis Regresi Liner dengan pendekatan stepwisedigunakan untuk mengetahui pengaruh komponen quality work of life terhadap kualitas pelayanan perawat. Dari hasil analisis di ketahui bahwa job security, wellness, dan pride memiliki pengaruh sebesar 60.5% dimana job security memiliki pengaruh paling domina