Risk Management in the Metal Casting Industry: Case in Ceper Klaten

This study investigates the implementation of risk management in the metal casting industry. Previous research examines risk management in the production process, while this research identifies risk management in business processes. The research sample is 68 companies incorporated in Batur Jaya cooperatives, Ceper Klaten. This research uses survey method. Business risk management consists of four dimensions: business strategic risk, operational risk, reporting risk and regulatory risk. The results showed that the implementation of business strategic risk, operational risk and reporting risk were good enough. The implementation of regulatory risk management is the lowest compared to the other three risk management dimensions

Analisis Faktor-Faktor yang Mempengaruhi Financial Distress pada Perusahaan Sektor Property, Real Estate, dan Building Construction di Indonesia

This study aims to determine and test the factors that influence financial distress. The factors in this study are liquidity, profitability, activity, and sales growth. Financial distress is measured using the Springate method. Liquidity is measured using the formula Current Ratio (CR), Return On Assets (ROA) is used to measure profitability, Total Asset Turnover (TAT) is used to measure activity and Sales Growth is measured by sales per year. The population in this study was 73 property, real estate, and building construction companies listed on the Indonesia Stock Exchange in the 2013-2017 period. Based on purposive sampling technique, 18 company samples were obtained that met the criteria for five years of observation with a total of 90 observational data. Data analysis techniques in this study used logistic regression analysis. The results showed that liquidity, profitability, and activities had a significant effect on financial distress, while sales growth had no effect on financial distress in property, real estate, and building construction companies listed on the Indonesia Stock Exchange in the 2013-2017 period.Penelitian ini memiliki tujuan untuk mengetahui dan menguji faktor-faktor yang mempengaruhi financial distress. Faktor-faktor dalam penelitian ini adalah likuiditas, profitabilitas, aktivitas, dan sales growth. Financial distress diukur dengan menggunakan metode Springate. Likuiditas diukur menggunakan rumus Current Ratio (CR), Return On Asset (ROA) digunakan untuk mengukur profitabilitas, Total Asset Turnover (TAT) digunakan untuk mengukur aktivitas dan Sales Growth diukur dengan penjualan per tahun. Populasi dalam penelitian ini adalah 73 perusahaan sektor property, real estate, dan buiding construction yang terdaftar di Bursa Efek Indonesia periode 2013-2017. Berdasarkan teknik pengambilan sampel purposive sampling diperoleh 18 sampel perusahaan yang memenuhi kriteria selama lima tahun pengamatan dengan total 90 data observasi. Teknik analisis data dalam penelitian ini menggunakan analisis regresi logistik. Hasil  penelitian  menunjukkan  bahwa  likuiditas, profitabilitas, dan aktivitas berpengaruh signifikan terhadap financial distress, sedangkan sales growth tidak berpengaruh terhadap financial distress pada perusahaan sektor property, real estate, dan buiding construction yang terdaftar di BEI periode 2013-201

THE INFLUENCE OF REAL PROFIT AND CORPORATE GOVERNANCE MANAGEMENT AGAINST CREDIT RATING IN INDONESIA

This research investigated whether real earnings management and corporate governance affect the firm’s credit rating in Indonesia. Specifically, investigation on whether real earning management components, represented by AbnCFO, AbnDisExp and AbnPROD, together with corporate governance components, which are represented by board size, independent board and audit committee affect the firm’s credit rating. This research used several corporate governance mechanisms developed by Bursa Efek Indonesia and credit rating classification developed by PEFINDO. Multiple regression model is selected to test this research problem. This research found that AbnCFO and board size affected the firm’s credit rating, while AbnPROD, independent board and audit committee did not affect credit rating

THE COMPARISON OF REAL-ACTIVITIES EARNINGS MANAGEMENT- CFO IN INDONESIA AND MALAYSIA

This research focused on real-activities earnings management for listed Þ rms in Indonesia and Malaysia, considering its impact on cash ß ow which is very important for the company. Indonesia and Malaysia have many similarities, but there are fundamental economic difference between two countries, for instance in full adoption of International Financial Reporting Standards ( IFRS ) . IFRS adoption may cause different earnings management. Principle base in IFRS allow managers to conduct greater real activities earnings management than those of rule based. Malaysia has adopted IFRS since 2007, while Indonesia started to adopt IFRS in 2012. Samples used in this research are manufacturing Þ rms listed in Indonesia and Malaysia during 2007-2009 to avoid bias on adoption transition period, and conducted with compare means using independent samples t -test technique. Results show there are differences on cash ß ow real-activities earnings management in Indonesia and Malaysia. Keywords: IFRS, real-activities earnings management, cash ß ow, Indonesia, Malaysia

PENERAPAN TATA KELOLA YANG BAIK (GOOD GOVERNANCE) PADA PRIMER KOPERASI PEGAWAI UPN “VETERAN” YOGYAKARTA

This research  was conducted to understand the implementation of good governance on Primer Koperasi Pegawai UPN “Veteran” Yogyakarta. Cooperative is economic organization that based on sense of family. employee's Cooperative in the present society with the purpose to achieve the welfare of members and society with professionalism, quality and integrity. This type of research is a qualita tive descriptive method.   Instruments   used   in   data   collection   are   interviews,   observations,   documentations   and questionnaires.The result of the research represent passage of the good governance principles include of transparency  in  the  provisioning  information  for  supervisors,  administrators,  managers,  employees, members in a transparent and opened, so that employees have already known how the system that are within the cooperative principle accountability. The principle of responsibility shown Primer Koperasi Pegawai UPN “Veteran” Yogyakarta towards employees by providing a range of benefits, health insurance, safety and social responsibility to the society. Then the principle of independency showed no intervention internally and externally. Finally, the Fairness principle, shareholders (members) receive fair and same treatment in the implementation of the RAT and the division SHU, employees were recruited based on their expertise, so the company does not discriminate towards employees based on racial and establish a fair system of reward and punishment. Good Governance in Primer Koperasi Pegawai UPN "Veteran" Yogyakarta, has been realized and the Supervisor of Primer Koperasi Pegawai UPN "Veteran" Yogyakarta was instrumental in improving good governance of cooperative.Keywords: Cooperative,GoodGovernance,GoodCorporateGovernancePrinciples

APLIKASI MEDIA INOVASI PENGELOLAAN KEUANGAN DIGITAL DAN TEKNOLOGI TEPAT GUNA PADA PETERNAKAN KAMBING DI UMBULMARTANI NGEMPLAK, SLEMAN YOGYAKARTA

Mendho Umbaran Farm is a farm located in Umbulmartani Ngemplak Sleman and runs the process of breeding and selling local goats. Although this farm has a considerable business circulation, the owner of the farm has difficulty determining the cost of production and detecting profits. Breeders also do not yet have the tools to provide alternative feed and still rely on the availability of traditional animal feed. This commnunity service (PbM) is aimed  to empower the goat farmer by using digital financial management innovation and appropriate technology, provide training and metoring in the use of appropriate technology