Dampak Interaksi Antara Kebijakan Utang Dan Kebijakan Dividen Dalam Menilai Perusahaan

This research aimed to examine and know empirical evidence of the positive effect of debt policy on firm's valuewith dividend policy as moderating variable. Samples used in this research were manufacturing companieslisted in Indonesia Stock Exchange in 4 years observation period (2007-2010). Total samples were 13 companies.The data were collected by using purposive sampling method. The result of moderated regression analysis(MRA) showed that debt policy did not effect firm's value with dividend policy as moderating variable. Thus,the hypothesis of the research was not empirically supported

PROFITABILITY: THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY AND CORPORATE GOVERNANCE IMPLEMENTATION

The purpose of this observation is first, to determine the impact of Corporate Social Responsibility (CSR) implementation on the profitability of banking corporates registered on the Indonesia Stock Exchange (IDX) in the 2017-2021 period. The second is to determine the impact of Corporate Governance (CG) implementation on the profitability of banking corporates registered on the IDX in the 2017-2021 period. The sampling method is purposive sampling. Based on the results of the observation, it can be conducted that CSR has no significant effect on profitability, while CG with the indicators of institutional ownership, managerial ownership, board of commissioners, board of directors, and audit committee has a significant positive effect on profitability

Pengaruh Price Earnings Ratio Dan Price to Book Value Terhadap Return Saham Indeks LQ 45 (Perioda 2007-2009)

This study purposes to determine the effect of Price Earnings Ratio (PER) and Price to Book Value (PBV) simultaneously and partially towards LQ 45 index stock return. The sample is taken from LQ 45 index constituent company for period August 2006 until January 2007 at Indonesian Stock Exchange. Dependent variable in this study is stock return, while Price Earnings Ratio (PER) and Price to Book Value (PBV) as independent variables. This study used Moderated Regression Analysis as a method of data analysis.Based on the results of testing and analysis of data concerning the influence of Price Earnings Ratio (PER) and Price to Book Value (PBV) of stock return, found that the partial Price Earnings Ratio (PER) has a negative influence and Price to Book Value (PBV) has no effect on stock returns while simultaneously Price Earnings Ratio (PER) and Price to Book Value (PBV) has no effect on stock returns

Historical Cost Dan General Price Level Accounting: Analisis Relevansi Indikator Keuangan

In conventional accounting, financial statements are based on the historical cost principle that assumes that prices (monetary unit) are stable. Conventional accounting recognizes neither changes in the general price level nor changes in the specific price level. Consequently, if there are any changes in purchasing power such as in inflation period, the historical financial statement are not economically relevant and also income is usually overstated, and the fixed assets are usually understated. General Price Level Accounting will do restatement the components of financial statement to be a rupiah on a similar level of purchasing power, but without changes in accounting principles which using on conventional accounting. In this research did to PT Hanjaya Mandala Sampoerna Tbk. dan PT Kalbe Farma Tbk. are one of industrial sector it is not free of influence inflation condition. Also the result researches concerning the influence of applied general price level accounting on the financial statement will be compared as considerations whether the general price level adjustment is necessary needed. The hypothesis test did with based on t-test pair sample (wilcoxon). The result of research on = 5% showed that fifteen indicator tested there are twelve indicator showed significant different between financial report Historical Cost with financial report adjusted with General Price Level Accounting

EARNINGS QUALITY AND ASYMMETRIC COST BEHAVIOR: A STUDY OF INDONESIA CAPITAL MARKET

This study investigates whether earnings quality affects to asymmetric cost behavior, i.e., sticky cost of listed firms of Jakarta Stock Exchange (JKSE). This study analyzes 1032 year-firms observations during 2012-2019 periods. This study investigates earnings quality on listed firms of JKSE during the period of IFRS adoption in 2012 and implementation of sustainability reporting voluntarily. This study finds that earnings quality influence to cost stickiness is supported. However, earnings quality negatively influences cost stickiness. The result of this study indicates that there is likely the effect of IFRS adoption in 2012 and implementation of sustainability reporting voluntarily since 2010 from listed firms on the JKSE on its earnings quality. This result is consistent with study of Banker, Basu, Byzalov, &Chen (2016). So higher earnings quality, lower cost stickiness. This study contributes theoretically to the literature on financial accounting, management accounting and cost management related to the topic of asymmetric cost behavior on earnings characteristics. This research also contributes practically to the ability of earnings quality in listed firms of the JKSE to reflect information on their financial performance related to the earnings quality by investors and financial analysts

Harmonisasi Implementasi International Financial Reporting Standards terhadap Sistem Hukum di Indonesia

The application of International Financial Reporting Standards (IFRS) in Indonesia became a major issue areas in accounting today. Because of accounting system and financial reporting is prepared IFRS to be different from Indonesia Generally Accepted Accounting Principles (GAAP). Financial reporting is the company's management accountability to stakeholders (investors, creditors, governments and communities). For investors, the financial statements are one of the benchmarks to determine their investment decisions. For that reason, the application of IFRS should be implemented in harmony in Indonesia. The expectation is the information in the financial reporting to be relevant and reliable for interested parties, i.e. investors, creditors, governments and communities. Government regulations related to the company's business processes will be the key success factors of IFRS implementation. They are not fully supported the IFRS implementation in Indonesia. For example, the decrease in value on fixed assets revaluation (International accounting standard 36). There is only rules in the increase in value on fixed assets revaluation (PMK RI No.79/PMK.03/2008). In order to the application of IFRS become harmony, researcher offers the House of Generally Accepted Accounting Principles model which can be used as the foundation for implementing IFRS in Indonesia. At house of GAAP, the constitution and ideology of Indonesia, i.e. UUD45 and Pancasila become the foundation. As a result, the application of IFRS in Indonesia can be associated with the existing legal regulations in Indonesia. So this paper aims to propose a framework (house of Indonesian GAAP) for the implementation of IFRS harmonization of the legal system in Indonesia. The house of Indonesian GAAP model is based on UUD 45 and Pancasila and also the legal system in Indonesia. Through this house of Indonesian GAAP model, harmonization of the implementation of IFRS may take place smoothly