The Relation between Regional Government Supply Chain Management and Decision Making: Case Study on Regional Election in Indonesia

This research aims to explore the possible benefits of regional government supply chain management information towards decision making in regional election (“Pilkada”) in Indonesia. This research is important due to the rarity of researches that discuss the empirical and theoretical proofs of people’s needs towards government Supply chain management information. By using data from 2017 and 2018 regional election in Indonesia, I observed 198 regional governments at province/regency/city level. These sampled regions were chosen by deciding if the regional heads went to run for a second term. This decision was intended to evaluate the success of public policies applied in the first terms, which should be reflected in the regions’ government Supply chain management information that could be used by customers to consider if the ruling government (the incumbents) should be upheld or replaced. By using cluster analysis, I grouped the sampled regions into several clusters based on sociodemographic similarities. Then, I used discriminant analysis towards these clusters and found that regional government Supply chain management information has strong discriminant values towards regional election results. This research proves that customers have good awareness towards Supply chain management information involved in decision making. The implication of this research shows the existence of customers’ needs and interests towards regional government supply chain management information in regional election, thus regional government should improve the quality of supply chain management information and information dissemination, while also make sure that supply chain management information reaches and is reachable the whole society through vast publication and education

THE IFRS ADOPTION: CONTRIBUTION TO VALUATION THEORY

The transition to IFRS has brought fundamental changes as it has impact on corporate ac- countants, public auditors, investors and its influence extends well beyond the change in accounting rules. The purpose of the paper is to investigate whether the information on IFRS adjustments is value relevant. This paper analyses value-relevance, incremental, and relative association of the effects of IFRS reconciliations reflected in earnings and owners equity, versus Indonesia GAAP measures. This study adopts a market value model, which relates a firms earnings to shareholders equity measured under Indonesia GAAP together with the respective IFRS reconciliation adjustment, to its market value, adding some firm specific factors to the regressions. This research uses regression to test the hypothesis. The results show that IFRS adjustments improve financial reporting quality and the capacity of financial statements to explain firm values, over and above the INDONESIA GAAP numbers. How- ever, the effect is not equally distributed given that they are more significant for larger firms. The research also reveals that the market places a high value on the earnings reconciliation adjustments but, in general, it appears that the IASB has had at least some success in provid- ing relevant information because it has the capacity to make a difference in investors deci- sions

The Impact of Financial and Non-Financial Information Disclosure to Donation Decision in NonProfit Organization by Individual Donor (A True-Experiment Research)

The purpose of this research is to analyze and evaluate the impact of financial and non-financial information disclosure to donation decision in the nonprofit organization by the individual donor. Using methods of true-experimental research with Posttest-Only Control Design with Completely Randomized Designs-within-subject or CR-p. A total of 16 students selected according to pre-defined categories and divided into 8 groups as proxy decision makers are faced with four manipulation disclosure. Results showed that the average number of the decision against nonprofit donations by individual donors to participants is different between types of disclosure; greater donor preference to non-financial; the decision is based on the type of donation without any disclosure to make sure there are other factors into consideration donor in donating; and this study confirmed the Agency Theory where there is an agency relationship between the donor as principal and NPO as an agent that must be met in order to avoid agency problems resulting condition information gaps. The study was limited to as a quasi-experiments are run in simulation with the students as a proxy decision maker donations have not been able to present a perfect ecological validity in the simulation where students are not the actual decision makers who do not use his own money to the benefit of donation and this study is limited to the type of disclosure of financial and non-financial as independent variables means that there are other factors that may influence the decision of donations that are not investigated in this study. Keywords: Financial and Non-Financial Disclosure, Donation, NonProfi

Pengaruh Thin Capitalization, Konservatisme Akuntansi Dan Financial Distress Terhadap Penghindaran Pajak Dengan Kepemilikan Institusional Sebagai Moderasi

This study aims to analyze the effect of thin capitalization, accounting conservatism and financial distress on tax avoidance with institutional ownership as moderating. This study uses secondary data, the data used in the form of financial report and annual report of companies listed on the Indonesia Stock Exchange. The type of research used in this study is causal research, namely research that aims to find a causal relationship of the variables studied to answer research questions. The samples used in this study are property and real estate companies that are listed on the Indonesia Stock Exchange in the period of 2018-2022. Data were collected using purposive sampling.  The total number of companies in the study sample is 92 companies with a study period of 5 years, resulting in 80 samples after outliers. The results of the study using linear regression analysis, descriptive statistic, classic assumption and moderating regression analysis test indicate that thin capitalization and financial distress has a significant positive effect on tax avoidance. Furthermore, the results of linear regression analysis indicate that accounting conservatism not effect on tax avoidance. Then the results of moderating regression analysis test indicate that institutional ownership can strengthen the influence of thin capitalization, accounting conservatism and financial distress on tax avoidance. Keywords: Thin Capitalization, Accounting Conservatism, Financial Distress, Institutional Ownership, Tax Avoidanc

Pengaruh Perbedaan Laba Akuntansi dan Laba Pajak terhadap Manajemen Laba dan Persistensi Laba

This study was conducted to examine the effect of book tax-differences in indicating the earnings persistence by first testing whether the listed companies manage theirearnings to avoid losses. The number of samples used in this study is 79 firms to examine earnings management, and 26 firms to examine earnings persistence. The results show that samples manage their earnings to avoid losses. In addition, it is evident that the deferred tax expense and accruals jointly influence positively on the probability the company do earnings management. Partially large book-tax differences, operating cash flow, earnings and profit effect significantly on earnings persistence.The results also show that companies with large positive book tax differences are shown to have lower earnings persistence than firms with small book tax differences. Moreover, companies with large positive book-tax differences show that the persistence of accruals for future earnings is lower than small firms with positive book-tax differences

Faktor-faktor Yang Mempengaruhi Pengungkapan Modal Intelektual

This research aims to examine and analyze the influence of age of the company, growth rate and ownership concentration on the intellectual capital disclosure practices.The sample used in this study was 89 manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period of 2012-2014. The research sample was selected using a purposive sampling method. Testing is done using multiple regression analysis.The results of this research show that age of the company has positive effect on intellectual capital disclosure practices. Growth rate has positive effect on intellectual capital disclosure practices. The ownership concentration has no effect on the intellectual capital disclosure practices

The Effect of Accounting Information on Stock Price Predictions Through Fluctuation of Stock Price, Evidence From Indonesia

This article describes the results of research on the effect of accounting information on the accuracy of analyst predictions, using stock price fluctuations as a mediation variable. Accounting information uses three measurements, i.e. changes in revenue, changes in net income before extraordinary (NIBE), and changes in debt. This accounting information is combined with market information such as stock price information. A sample of 54 issuers listed on the Indonesia Stock Exchange. The sample is selected using the purposive sampling method. The analytical method uses the ordinary least square estimation method with the data panel structure, to test for direct influence. For indirect effect test, used two least square methods with panel data structure. The tool that used in this analysis was Stata. The results show that changes in revenue have a significant impact on stock price fluctuations. Then, stock price fluctuations may mediate the effect of information on revenue changes on the precise prediction of analysts. This means that changes in revenue will be stronger influence on the accuracy of analyst predictions, if there is an increase in stock prices. For indirect influence, this study proves that changes in revenue affect the accuracy of analyst predictions, through fluctuations in stock prices