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

Loyalitas Nasabah Dan Kinerja Perbankan Di Indonesia

The purpose of this study was to investigate the impact of customer loyalty on firm performance in the banking industry in Indonesia. This study used sample of banking firms listed on the Indonesian Stock Exchange. The data was processed and analyzed by Partial Least Square (PLS). We hypothesized that firm\u27s financial performance, market performance, and non-financial performance were positively affected by customer loyalty. The results provided an evidence which was consistent with the hypothesis. It showed that customer loyalty provided incremental information to the firm\u27s performance that consisted of financial performance, market performance, and nonfinancial performance. Penelitian ini bertujuan untuk menginvestigasi dampak loyalitas nasabah terhadap kinerja Perusahaan pada industri perbankan di Indonesia. Penelitian ini menggunakan sampel Perusahaan perbankan yang terdaftar di Bursa Efek Indonesia (BEI). Data diolah dan dianalisis dengan Partial Least Square (PLS). Penelitian ini menduga bahwa kinerja keuangan, kinerja pasar, dan kinerja non-keuangan perbankan dipengaruhi secara positif oleh loyalitas nasabah. Hasil penelitian memberikan bukti yang konsisten dengan dugaan tersebut. Hasil penelitian menunjukkan bahwa loyalitas nasabah memberikan incremental information terhadap kinerja perbankan yang terdiri dari kinerja keuangan, kinerja pasar, dan kinerja non-keuangan