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Jurnal Request oleh Member boneless90 – Akuntansi Pasar Modal dan Pasar Uang

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Mohon maaf, Karena ekydakka.com pernah mengalami kerusakan database pada September 2009, yang menyebabkan sebagian besar file rusak, terhapus dan tidak bisa diakses. Untuk sementara hanya beberapa file yang bisa saya kirim. Walaupun judulnya tidak sama persis dengan judul yang anda request, tapi topik (tema) penelitiannya masih sama. Kemungkinan hanya beberapa judul yang bisa dipenuhi karena filenya sudah tidak ada. Tapi akan diusahakan mencari alternatif jurnal. Terima kasih.

Berikut link download jurnal akuntansi pasar modal dan pasar uang yang direquest dan alternatif jurnal:

  1. ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI TABUNGAN DAN INVESTASI SWASTA DI INDONESIA | Download File: 1 ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI TABUNGAN DAN INVESTASI SWASTA DI INDONESIA
  2. ANALISIS KINERJA PORTOFOLIO SAHAM DENGAN METODE SHARPE, TREYNOR DAN JENSEN (Saham LQ 45 di Bursa Efek Indonesia Tahun 2003 sampai 2007) | Download File: 4 ANALISIS KINERJA PORTOFOLIO SAHAM DENGAN METODE SHARPE, TREYNOR DAN JENSEN
  3. Analisis Pengukuran Kinerja Reksadana | Download File: 4 Analisis Pengukuran Kinerja Reksadana
  4. Penyusunan Portofolio Optimal Dengan Metode Capital Asset Pricing Model (CAPM) Pada Saham-saham Sektor Keuangan di PT.BEJ (Periode Januari 2004 – Desember 2004) |

Jurnal / Skripsi yang direquest :

  1. ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI TABUNGAN DAN INVESTASI SWASTA DI INDONESIA
  2. Analisa Portofolio Optimal Dari 24 Saham Pada Perusahaan Property Dan Real Estate Yang Tercatat Di Bej Periode Juni 2001- Juni 2002 (2004)
  3. Analisis Resiko Dan Tingkat Pengembalian Saham Terhadap Kinerja Investasi Dana Pensiun Bank X Dengan Metode Capm (2007)
  4. Analisa Kinerja Reksa Dana Pendapatan Tetap Dan Reksa Dana Saham Dengan Metode Sharpe Dan Treynor Bagi Para Investor Dalam Menentukan Keputusan Investasi (2001)
  5. Analisis Kinerja Reksa Dana Sebagai Alternatif Dipasar Modal Menurut Metode Pengukuran Sharpe Measurement,Treynor Measurement Dan Jensen Measurement (Studi Kasus Pada Reksa Abn Amro Indonesia Mulai Dari Januari 1998 Sampai Dengan Maret 2001) (2002)
  6. Tinjauan Kinerja Reksa Dana Terhadap Prospek Investasi Di Pasar Modal Indonesia (2002)
  7. Reksa Dana Sebagai Altenatif Investasi (Studi Kasus Pada Reksa Dana Abn Amro Indonesia) (2000)
  8. Analisis Transaksi Mata Uang Asing Dan Kegiatan Yang Berhubungan (Deposito Dan Giro) Pada Bank X (2000)
  9. Analisa Pengaruh Excess Return Portofolio Pasar Terhadap Excess Return Saham-Saham Lq 45 Berdasarkan Pendekatan Capital Asset Pricing Model (2000)
  10. Analisa Risk Dan Return Reksa Dana Saham Dibandingkan Dengan Portfolio Saham Secara Acak (2001)
  11. Pengembangan Dana Melalui Investasi Dan Pengaruhnya Terhadap Kemampuan Membayar Manfaat Pensiun (2001)
  12. Analisis Sebagian Saham-Saham Lq 45 Periode Januari 1998 Sampai Juni 2000 Dengan Simple Index Model (2001)
  13. Analisa Investasi Surat Berharga Berdasarkan Peraturan Departemen Keuangan Pada Pt. Asuransi Allianz Utama Indonesia (2001)
  14. Analisa Resiko Dan Pengembalian Reksadana Saham Dengan Metode Sharpe (2000)
  15. Reksa Dana Sebagai Alternatif Investasi Di Pasar Modal (Studi Kasus Di Pt. Danareksa Fund Management) (2000)
  16. Analisa Hubungan Dan Pengaruh Tingkat Suku Bunga Deposito Terhadap Indeks Lq-45 Di Pt. Bursa Efek Jakarta (2000)

Pengujian Peran Perlindungan Investor dan Kultur terhadap Perilaku Managemen Laba pada Perusahaan Keluarga

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Download Jurnal Akuntansi SNA 13 >> Pengujian Peran Perlindungan Investor dan Kultur terhadap Perilaku Managemen Laba pada Perusahaan Keluarga: Studi Internasional

Francisca Reni Retno Anggraini

Yavida Nurim

Program Doktor Universitas Gadjah Mada, Jogjakarta

Nung Harjanto

Akademi Akuntansi  YKPN, Jogjakarta

Abstract

Prior  researches have proved  that  the  level of  investor protection has positive relationship withearnings  quality,  because  the  inside  shareholders  take  benefit  from  outside  shareholders.However,  alignment  approach views  that  family  firms which  the majority  of  shares owned byindividual or  family concern with  the firm value,  so family ownership has positive relationshipwith earnings quality. Based on the inconsistency results, this study examines the role of investorprotection level for increasing the family firms’ earnings quality.

This study also examines the role of culture in a country for increasing the family firms’ earningsquality, because culture influences accounting practice in the firm. The investor protection levelis  measured  by  LaPorta  et  al.’s  proxy,  culture  uses  power  distance  andindividualism/collectivism,  and  family ownership  is proxied by  the percentage of  share ownedby  individual or  family. The  study only uses  the firms  that  their shares at  least 20% owned byindividual or family as sample. The sample is taken from 2002-2008 OSIRIS data base.

Based  on  the  examination  of  family  firms  in  around  17  countries,  this  study  reveals  that  theindividual  or  family  as  inside  shareholders  has  positive  effect  to  the  earnings  quality.  Thisevidence reveals that family firms tend to choose the alignment behaviour. Surprisingly, investorprotection  has  less  benefit  in  increasing  the  family  firms’  earnings  quality,  but  culture  in  acountry  influences  the  family’s  behaviour  through  ameliorating  or  deteriorating  the  earningsquality.

Keywords: perlindungan investor, kultur, perusahaan keluarga, dan managemen laba

~~~***~~~~

In general, research on the protection of investors to assume the insiders, both management and inside shareholders, take advantage of outside shareholders (investors or creditors). Outside investors are in a position opposite the manager and major shareholder in the decision making process or voting process. On the other hand, outsiders can not access the information into the company, while insiders have privileged information on the company. These conditions encourage stock ownership is concentrated so that majority shareholders have a guarantee to obtain the return of investment (Laporta et al. 1998). Claessens et al. (2000) also show a majority of shares in state enterprises are categorized Laporta et al. (1998) has a low level of investor protection, such as Indonesia, Filipinos, Koreans, Japanese, and Taiwan, are owned by the family.

Level of investor protection in a country plays an important role towards the country’s economy both at macro and micro level. Laporta et al. (1998) proved that countries with low levels of investor protection has a market capitalization value of GNP and lower capital compared to countries with a high level of investor protection. Leuz et al. (2003) and Francis and Wang (2008) also reveals that countries with low levels of investor protection which have a low level of earnings quality. In line with De Fond and Hung (2007) and Hung (2000), investor protection is positively correlated with the value relevance of accounting information…….

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Download Link Jurnal Akuntansi SNA 13 – AKPM 17 (Copy Link to Web Browser)

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PENGARUH SISTEM HUKUM TERHADAP MANAGEMEN LABA DENGAN KEPEMILIKAN INSTITUSIONAL SEBAGAI VARIABEL PEMODERASI

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AKPM 05
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PENGARUH SISTEM HUKUM TERHADAP MANAGEMEN LABA DENGAN KEPEMILIKAN INSTITUSIONAL SEBAGAI VARIABEL PEMODERASI: STUDI PERBANDINGAN INGGRIS DAN PERANCIS

Wulandari (Alumni Program MSi FEB Universitas Gadjah Mada)

Ratu Ayu, S.W.M.A. (FE Universitas Jenderal Soedirman)

[Jurnal Akuntansi (SNA 13) - Akuntansi Keuangan dan Pasar Modal]

Abstract

 

This research aims to provide empirical evidence concerning the effect of different legal systems (common and civil law) on earnings management and the influence of legal system on earnings management which is weakened by institutional ownership. The differences of legal systems are pointed out in many characteristic that follows them. One of them is the different implementation level in same accounting standard. We distinguish between accruals and real-based earnings management and assume that corporations in common law countries (tight implementation accounting standard) apt to opting real-based earnings management, and corporations in civil law countries (lax implementation accounting standard) apt to opting accruals-based earnings management.

To investigate this issues, we compare the level earnings management in England (common law) and France (civil law). The data for our tests is took from the OSIRIS database. The sample comprises 112 firm-year observations for England companies and 58 firm-year observations for France companies for the years 2005-2008.

The result of the examination indicates that England yield higher level real-based earnings management than France. On the other hand, France yield higher level accrual-based earnings management than England. Besides that the results, we also document that institutional ownership can weakened the influence of legal system on real-based earnings management. However, institutional ownership fail to weak the influence of legal system on accrual-based earnings management, because corporations in France generally have bank-based financial system with low institutional ownership. Higher debt level in corporation encourage to make earnings manipulation because they fell attached to meet earnings target from the creditors. Low institutional ownership decline directly to the monitoring on manager, so this can give incentive for manager to make earnings management.

Keywords: earnings management (accruals and real), institutional ownership, legal systems (common and civil law).

*****

Inevitable that today almost all countries in the world have been referring to and do convergence on IFRS accounting standards which leads to the principle-based accounting standards. Principle-based accounting standards has the characteristics of accounting standards are more lax than the rules-based accounting standards (Kusuma, 2007). Arifin (2008) empirically found that companies in the U.S. state with a rule-based accounting standards would prefer to make real profit because of the tight management of existing accounting standards make accrual earnings management activities can no longer be done.

Companies in Germany with principle-based accounting standards would prefer to perform accrual earnings management due to lax standards still allows management to perform activities of accrual earnings management is less expensive. The finding is consistent with Nelson (2003), Demski (2004) and Ewert and Wagenhofer (2005) that accounting standards are more stringent (tighter) can reduce the practice of accrual earnings management, but increase the real earnings management……

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Return Saham, Value at Risk, dan Aktivitas Trading pada Kelompok Harga Terendah (Low Tick Size) di Bursa Efek Indonesia

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RETURN SAHAM, VALUE AT RISK DAN AKTIVITAS TRADING PADA KELOMPOK HARGA TERENDAH (LOW TICK SIZE) DI BURSA EFEK INDONESIA

PERDANA WAHYU SANTOSA
Fakultas Ekonomi Universitas YARSI
perdana.ws@gmail.com

HARRY YUSUF A. LAKSANA
Kementrian Keuangan Republik Indonesia
harry.yusuf@gmail.com

[Jurnal Akuntansi (SNA 13) - Akuntansi Keuangan dan Pasar Modal]

Abstract

The purpose of this research is to analyze the impact of value at risk, market risk, stock price, liquidity and price-to-book value ratio to the stock return in low tick size (Rp 5 and Rp 10) at Bursa Efek Indonesia (BEI).

This research focuess in (1) the relationship between return, VaR and market risk (2) the relationship between return, Size and liquidity and (3) analysis the relationship between return and PBV. We employ panel data analysis methodology which combines time series and cross section data in quarterly period in 2004-2006. We get data from active stocks of various companies of low price level in LQ-45 for period 2004-2005. The results of this research are VaR, beta, size, liquidity have positive impact significantly to the stock returns except PBV.

These findings indicated that fundamental performance not relevan with trading activity at lower price. These results support the previous researches which are done by many scholars, and give opportunities to VaR build alternative models for Capital Asset Pricing Model (CAPM).

Keywords: Value-at-Risk, return, low tick size, asset prcing, market risk, size, liquidity, price-to-book value.

*********

Channeled investment funds which had been in stock mutual funds (equity) only ranks the lowest, or about 1.5-2% of the total NAV of managed investment managers. The low allocation of funds in equity investments are influenced to bear the high risk investors in emerging markets with weak form efficiency rate (Bonser-Neal, et al 1999). Other causes of low investment in shares of the Indonesia Stock Exchange (IDX) is the inability of the investment manager in managing risk. These problems reduce investor interest in buying mutual fund shares. Other causes, frequently occur on the Stock Exchange transactions without knowing the assets at fair value (trading fad) that resulted in stock prices tend to be overvalued or undervalued causing asset prices and stock index mispricing often experienced. JCI also often have over-reaction in response to the entry of information / news that trading volatility is too high than it should. Investment risk is still marred the price reversal as a consequence the price correction that often occurs (Santosa, 2009).

During this time, theoretically, the risk of stock investment and yield expectations are generally using the traditional approach of Capital Asset Pricing Model (CAPM). But on a practical level, the CAPM is often questioned the accuracy and reliability as a gauge of market risk. According to Fama & French (1992) in the formation of the CAPM theory, variables or other factors not involved in explaining the expected return relationship with market risk (beta). Even more than 20 years, many financial and investment researchers found significant evidence that variables such as market capitalization (stock size), Price-to-Book Value (PBV) and Earnings to price ratio (EPS) has a significant influence (explanatory power) against the average yield on shares [Datar et al, (1998), Chan & Pfaff (2003); Jacoby et al (2000)].

…………..

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Studi Empiris terhadap Kapabilitas Strategik Perusahaan Manufaktur di Indonesia

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Studi Empiris terhadap Kapabilitas Strategik Perusahaan Manufaktur di Indonesia

NOFIE FAITH

Information Systems FE-UGM

ABSTRACT

In operations management, strategic capabilities directly influences a company’s success factors in competition. The purpose of this paper is to examine the Relationship Between Strategic manufacturing capabilities in Indonesian manufacturing industry. The survey was conducted through Internet-based questionnaire and statistical analysis, particularly structural equation modeling (SEM), was Used to apprehend this concept.

Analysis of the data reveals The quality That is a basis for delivery, Which is the basis for flexibility and cost. Whether flexibility and cost are pursued exclusively or simultaneously, it Seems to be connected with the implementation of certain improvement programs. This common pattern of capability accumulation Can be Used to estimate potential behavior or as a way to perform in an innovative manner.

Keywords: manufacturing capabilities, strategic manufacturing, resource-based view

Corporate strategy can be interpreted as an organizational tool to reach and maintain success. Taken from the Greek strategia, namely the ability to utilize available resources to win a military conflict, corporate strategy is often interpreted by businessmen as the true focus in the competition (Mitreanu, 2006).

Given the competition takes place exclusively at every level, (almost) the entire organization and then fully concentrate on strategic efforts to continuously improve our products and services they offer to customers. The emphasis on competition encourages organizations to deliver ideas and actions that trigger the birth of sustained success.

In the eyes of operations management, corporate strategy is supported and shaped by strategic capabilities. Wheelwright (1984) argues that strategic capabilities in manufacturing companies is the ability to produce: (1) with low cost, (2) with high quality, (3) reliable and quick in delivery, and (4) flexibility in the choice of the combination and volume of products . Is the main occupation of manufacturing companies to develop, nurture, and memandirikan these strategic capabilities. It is expected that positive correlations will appear in strategic decision making and better performance (Roth and Miller, 1990; Swamidass and Newell, 1987).

* Simposium Nasional Akuntansi 10 – Makassar

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