Reconstruction of Pension fund Performance Model as an effort to Worthy Pension fund Governance

This study aims to reconstruct the performance assessment model on Pension Fund by modifying Baldrige Assessment method that is adjusted to the conditions in Dana Pensiun A (Pension Fund A) in order to realize Good Pension Fund Governance. This study design uses case study analysis. The research sites were conducted in Dana Pensiun A. The informants in the study included the employer, supervisory board, pension fund management, active and passive pension fund participant as well as financial services authority elements as the regulator. The result of this research is a construction of a comprehensive and profound retirement performance assessment model with attention to aspects of growth and fair distribution. The model includes the parameters of leadership, strategic planning, stakeholders focus, measurement, analysis, and knowledge management, workforce focus, standard operational procedure focus, result, just and fair distribution of wealth and powe

The Implementation of Performance Assessment Model onPension Fund byModifiedBaldrige Assessmentas an Attempt towards Good Pension Fund Governance

This study aims to formulate and implement performance assessment model on Pension Fund by making some modifications on Baldrige AssessmentMethod that is adjusted to the condition of Pension Fund A in order to realize Good Pension Fund Governance. This study was designed using case study analysis. The site of the study was done on Pension Fund A.Furtermore, the informants in this study include the elements of employers, the element of supervisory board, the element of Pension Fund administrators, the element of Pension Fund participants both active and passive, as well as the financial services authority as the regulator. The result of this study was a formula of Modified Baldrige Assessment, which includes the parameter of leadership, strategic planning, stakeholders focus, measurement, analysis, and knowledge management, workforce focus, standard operational procedure focus,result, just and fair distribution of welath and power.Performance assessment reveals that the performance of Pension Fund A is excellent. However, there are elements of hegemony and domination by employers, administrators, and the regulator. Keywords: ModifiedBaldrige Assessment, Good Pension Fund Governance. ----------------------------------------------------------------------------------------------

Study of Capital Structure (IDX 2011-2017): Firm Growth, Firm Size, and CSR Disclosure on Firm Value

This research was conducted to analyze the effect of firm growth, firm size, CSR disclosure on firm value with capital structure as an intervening variable. From a population of 18 companies, 12 companies were sampled in this study, using purposing sampling. Data analysis techniques using path analysis. The research results obtained are, firm growth and firm size have no significant effect on capital structure partially. While CSR disclosure partially has a significant effect on capital structure. Simultaneously firm growth, firm size, and CSR disclosure have no effect on capital structure. Firm growth, firm size, and CSR disclosure variables have no significant effect on firm value partially. While capital structure has a significant effect on firm value. Simultaneously, firm growth, firm size, and CSR disclosure have a significant effect on firm value with capital structure as an intervening variabl

Signal of Rupiah Exchange Rate to US Dollar and Gross Domestic Product (GDP)

The purpose of this study is to analyse signal of rupiah/USD exchange rate and Indonesian Gross Domestic Products (GDP) towards Stock Price Composite Index. This study uses quantitative method. The data of research use quarterly time series data (January, April, July, October) starting from 2010 - 2018 obtained in the website of Bank Indonesia, Ministry of Commerce Republic Indonesia and Indonesia Stock Exchange. Data analysis method use Multiple Linear Regression, which findings of this study indicate that the rupiah/USD exchange rate gave a negative signal to the Stock Price Composite Index. In addition, the Indonesian Gross Domestic Products (GDP) gave a positive signal to the Stock Price Composite Index

Efek kepemilikan institusional, kinerja perusahaan, kualitas audit terhadap luas pengungkapan CSR perusahaan pertambangan

Jenis dari penelitian ini adalah penelitian asosiatif kausal. Penelitian ini meneliti hubungan yang bersifat sebab akibat. Penelitian ini termasuk ke dalam penelitian kuantitatif karena mengacu pada perhitungan berupa angka. Sumber data penelitian ini adalah data sekunder yang diperoleh secara historis dari laporan tahunan, laporan keuangan, dan laporan keberlanjutan yang disajikan perusahaan pada tahun 2017-2018 yang telah go public dan terdaftar di Bursa Efek Indonesia. Dalam penelitian ini sampel yang diambil sesuai dengan kriteria yang digunakan dalam purposive sampling yang terdaftar selama tahun yang diteliti. Berdasarkan hasil yang didapatkan dengan menggunakan analisis kuantitatif, maka Hasil statistik deskriptif menunjukkan bahwa nilai rata-rata tata kepemilikan instistusional sebesar 55,92%. Hal ini menunjukkan bahwa kepemilikan instisuional sudah cukup efektif dalam memonitor aktivitas manajemen. Kinerja perusahaan yang diproksikan dengan ROA, memiliki rata-rata sebesar 5,91%. Hal ini menunjukkan bahwa  perusahaan mampu menghasilkan keuntungan pada pada tahun 2017 dan 2018. Kualitas audit memiliki rata-rata sebesar 0,25, hal ini menunjukkan bahwa sebagian besar perusahaan diaudit bukan dari KAP Big 4. Pengungkapan (corporate social resposibility) CSR sebesar 71,35%, hal ini menunjukkan bahwa perusahaan mampu mengeluarkan biaya untuk kegiatan pembangunan ekonomi, sosial dan lingkungan

Pengaruh Dividen Payout Ratio (Dpr) terhadap Price Earning Ratio (Per) Yang Dimoderasi Oleh Discretionary Accrual Pada Perusahaan Manufaktur Yang Terdaftar Di Bei

Tujuan penelitian ini adalah untuk mengetahui pengaruh Dividend Payout Ratio (DPR) terhadap Price Earning Ratio (PER), dan pengaruh Kebijakan Akrual yang memoderasi hubungan Dividend Payout Ratio (DPR) terhadap Price Earning Ratio (PER) pada perusahaan manufaktur (makanan dan minuman) yang terdaftar di BEI periode 2012- 2016. Variabel bebas penelitian ini adalah DPR, variabel terikat penelitian ini adalah PER dan Kebijakan Akrual sebagai variabel yang memoderasi hubungan DPR terhadap PER. Penelitian ini menggunakan studi kausalitas pada perusahaan manufaktur (makanan dan minuman), sehingga sampel penelitian yang diperoleh sebanyak 14 perusahaan dengan menggunakan teknik purposive sampling. Analisis data pada penelitian ini adalah MRA (Moderated Regression Analysis). Berdasarkan hasil analisis, membuktikan bahwa (1) variabel DPR berpengaruh positif dan signifikan terhadap PER. (2) variabel Discretionary Accrual tidak memoderasi hubungan DPR terhadap PER

The Effect of Competence Financial Manager, Internal Control System, and Utilization of Technology Information on the Quality of Financial Report (A Study on Credit Unions In The Kepanjen District)

This study aims to examine the effect of competence financial manager, internal control systems, and utilization of technology information on the quality of financial report in credit unions in the Kepanjen District. The Data used in this study are the data of primary and secondary data. Primary Data is Obtained directly from respondents who provide answers through questionnaires. Secondary Data is Obtained from the data reports that come from Cooperatives through interviews. Using a sample of 45 people in the financial manager section at 11 credit union in Kepanjen District. The results of the study with multiple linear regression analysis indicate that competence financial manager, internal control systems, and utilization of information technology have a positive effect on the quality of financial report. Each variable shows that the competency financial manager does not affect the quality of financial report. The internal control system variables have a positive effect on the quality of financial report

Engineering performance evaluation model in the context of bumdes policy formulation: A study from the perspective of the political economy of accounting management theory

The purpose of this study is to engineer a regional policy model for Village-Owned Enterprises (abbreviated as BUMDes) which is based on the Political Economy of Accounting (PEA) in order to empower rural communities. The location of the study was conducted in the Malang RegencyOwned Enterprises. This research is a quantitative descriptive study with the design of several case studies in Balang district. As for research informants, this includes elements of the sub-district government, village government, BUMDes management, and BUMDes members. The results of this study are BUMDes policy formulation models based on the Political Economy of Accounting and aimed at empowering rural communities in Malang Regency. The theoretical approach used to build this model is the PEA theory with two theoretical approaches such as the premise of the theory of power distribution and the premise of the theory of wealth distribution at the sub-district, village level, BUMDes management, and BUMDes members. The design of theoretical models in this study can be seen from the implementation of the model that starts with the performance appraisal process, the results of performance appraisal, compilation of recommendations, policy formulation, and finally, empowerment of rural communities

Can Lending Factors Have an Impact on Firm Value When Profitability is Reinforced With?

One of the banking industry's key sources of income is credit financing. Several aspects impact the soundness of the banking industry including the number of non-performing loans (NPL) and the prime lending rate issued (BLR). The fact is that a decrease in the NPL value will give a signal to investors that the company can generate increased profitability because a decreased number of NPLs indicates an increase in productive assets. Meanwhile, an increase in the BLR value gives a signal to investors that companies can record higher profits through increased interest income on loans disbursed. This is evidenced by the results of research conducted on the BUMN financial industry over 10 years from 2010 to 2019 which shows that there is a negative and significant impact if there is a decrease in company value if NPLs increase, but it will be good when BLR increases. ROA itself which is a reinforcement of the two variables shows the same thing. Through the SPSS analysis description, this study aims to provide an overview to investors in determining the selection of profitable investments by fundamental analysis of debt variables managed by the financial industry. Keywords: Non-performing loans, Base Lending Rate, Profitability, Firm Value DOI: 10.7176/RJFA/14-12-01 Publication date:June 30th 202