Tag Archives: pengaruh

Analisis faktor-faktor yang mempengaruhi Ketepatan waktu penyampaian laporan keuangan

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Analisis faktor-faktor yang mempengaruhi Ketepatan waktu penyampaian laporan keuangan

(Studi Empiris pada Perusahaan-perusahaan yang Terdaftar di BEJ Periode 2004-2006)

Utari Hilmi FH S.E., Ak. (Pemakalah 1)

Syaiful Ali S.E., MIS. (Pemakalah 2)

Abstract

This research aims is to know factors influencing timeliness of financial statement forwarding. Bapepam as a regulator of capital market stated Bapepam Decision Number KEP-36/PM/2003 specifying deadline of financial statement forwarding from 120 day become 90 day.

Sample of research is 879 firms listed in Jakarta Stock Exchange period 2004-2006 that selected by using purposive sampling method. Method used in analyzing data that is logistic regression. Result of this research at level significance 5%, variable profitability (ROA), liquidity (CR), shareholder’s dispersion (KP), and reputation of public accountant firm (KAP) have an effect on by significance to timeliness of financial statement forwarding. While variable of financial leverage (DER), firms size (TA) and auditor opinion (OA) not have an effect on to timeliness of financial statement forwarding.

Keywords: timeliness, financial statement, Bapepam decision

PENDAHULUAN

Timeliness (timeliness) is one important factor in presenting the relevant information. Characteristics of relevant information should have predictive value and presented on time. The financial statements as an information would be useful if the information it contains is provided timely information for decision makers before it loses its ability to influence decision-making. If there is undue delay in reporting, the information generated will lose its relevance.

The need for timeliness of financial reporting has clearly mentioned in the basic framework for preparing presentation of financial statements that timeliness is one of the qualitative characteristics that must be met, for the financial statements relevant for decision making. Accounting profession will also recognize the need for timely financial reporting. This is demonstrated in the work of accountants who are always trying to be on time in presenting the financial statements.

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Jurnal Simposium Nasional Akuntasi XI (SNA 11)

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Pengaruh Tingkat Ketaatan Pengungkapan Wajib Dan Luas Pengungkapan Sukarela Terhadap Kualitas Laba

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PENGARUH TINGKAT KETAATAN PENGUNGKAPAN WAJIB DAN LUAS PENGUNGKAPAN SUKARELA TERHADAP KUALITAS LABA

( STUDI PADA PERUSAHAAN PUBLIK SEKTOR MANUFAKTUR)

SOVI ISMAWATI RAHAYU

FAKULTAS EKONOMI UNIVERSITAS YARSI

Abstract

The objectives of the research is to find out the impact of mandatory disclosures and voluntary disclosures on earnings quality. The population of this study was public manufacturing companies listed at Jakarta Stock Exchange in 2005 period. There were 31 manufacturing companies meet the criteria was chosen as sample.

This research is explanatory research, and the data analysis were treated as cross-section. Mandatory disclosure were measured by mandatory disclosure index, while voluntary disclosure were measured by voluntary disclosure index, and earnings quality were measured by earnings response coefficient (ERC). Earning persistence, systematic risk, company growth, leverage and company size which in prior studies described ERC variation, in this research used as controlling variable. The research hypothesis were tested using the multiple regression analysis.

The result of this research before and after use the which described ERC variation show that: (a) mandatory disclosure had no impact on earnings quality, (b) voluntary disclosure had significantly negative influence on earnings quality, and (c) mandatory disclosure and voluntary disclosure were simultance had no impact on earning quality.

Keywords: Mandatory Disclosures, Voluntary Disclosures, Earnings Quality, Earnings Response Coefficient

1.PENDAHULUAN

The annual report and financial statements is one of the information formally published as a means of accountability for the management of the owner of resource management, and information windows that allow for parties outside the management, knowing the condition of the company. But the extent to which information can be obtained is highly dependent on the level of disclosure (disclosure) of the report.

Disclosures in the financial statements will help users of financial statements to understand the contents and the figures reported in financial statements. Failure in understanding the financial statements resulted in some companies got an error assessment (misvalued), either undervalued or overvalued, as in the case of Enron, Worldcom, and Kimia Farma. Then came the question of transparency, information disclosure, and accounting roles in providing financial information that is relevant and reliable, so that users of accounting information to receive a signal about the true condition of the company.

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Jurnal Simposium Nasional Akuntasi XI (SNA 11)

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Pengaruh Skema Bonus Direksi terhadap Aktivitas Manajemen Laba

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Pengaruh Skema Bonus Direksi terhadap Aktivitas Manajemen Laba

(Studi Empiris pada Badan Usaha Milik Negara)

Periode Tahun 2003 – 2006


Abstract

Bonus scheme for board of directors of state-owned enterprises use components related to earnings number as basis to compute bonus. Hence, this scheme could motivate management to engage in earnings management activity to maximize their bonus.

The purpose of this research is to investigate the effect of director’s bonus scheme in state-owned enterprises on earnings management. Our samples consist of 326 firm-years state-owned enterprises during year 2003-2006.

Our results show that overall there is positive and significant effect of bonus scheme on earnings management. This result indicates that directors engage in earnings management activity to increase their bonus.

Keywords: bonus, earnings management, state-owned enterprises

1.Latar Belakang

The existence of State-Owned Enterprises (SOEs) is almost always the public spotlight. SOE performance is often judged insufficient characterized by the low level of profitability compared with the amount of capital invested. Limited resources and lack of professional management as the manager of the company is often blamed as the cause of poor performance of SOEs.

As one effort to raise professionalism and motivate SOE management to improve corporate performance, it is necessary to the adjustment of remuneration management of SOEs with the prevailing professional remuneration in the market. To that end, in 2002 established new guidelines for remuneration for Directors and Commissioners SOEs include the calculation of salaries, facilities, retirement benefits, and bonuses (bonuses) that the calculation is based largely on the size of the company’s financial performance, especially earnings.

Of the four types of remuneration provided to Directors SOEs, the bonuses (bonuses) are the most interesting to discuss. First, the bonus given to the Board of Directors “every year” if the company booked a “profit”. Second, unlike the third calculations other types of remuneration, bonus calculation component is not solely dependent on the financial performance of the respective companies but also on last year’s performance and budget targets (budget) of the company. The use of performance measures, performance standards and the structure of the relationship between pay and performance bonuses in the bonus scheme, bonus scheme makes a very firm-specific and implications are also becoming more complex.

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Simposium Nasional Akuntansi 11
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PENGUJIAN SIMULTAN : BEBERAPA FAKTOR YANG MEMPENGARUHI EARNING RESPONSE COEFFICIENT

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PENGUJIAN SIMULTAN : BEBERAPA FAKTOR YANG MEMPENGARUHI EARNING RESPONSE COEFFICIENT (ERC)*

Etty Murwaningsari
Fakultas Ekonomi Universitas Trisakti

Abstract

The objective of this research are to identify the direct and indirect influences of leverage, disclosure, size, timeliness, persistence and growth to the firm’s Earning Response Coefficient (ERC).

This research examine 60 manufacturing companies listed in Jakarta Stock Exchange and issues audited financial statement since 2003-2006. The statistical methods used to test the hypothesis is Structural Equation Model (SEM).

The empirical result of this research indicates that leverage has negative influence to ERC. Test results suggest that by using the direct path analysis, both disclosure and timeliness have positive significant influences to ERC, while both leverage and firm’s size have negative significant influences to ERC. The subsequent test indicates that leverage and size, each has non-significant influence to disclosure and timeliness, respectively. The control variable Auditor Reputation and Earning Growth have positive significant influence to disclosure and ERC respectively, Auditor’s Opinion has negative significant influence to timeliness, whereas Earning Persistence has non-significant influence to ERC. The last test (indirect path analysis) both leverage and size have no influences to ERC through disclosure and timeliness, respectively. Thus it can be concluded that neither disclosure nor timeliness constitutes an intervening variable.

Keywords: size, leverage, disclosure, timeliness, persistence, growth, auditor’s opinion, auditor’s reputation

PENDAHULUAN
A. Latar Belakang Masalah
Statement of Financial Accounting Concept (SFAC) No. 1 stated income benefits to assess management performance, to help estimate the ability of a representative profit in the long term, predicting earnings and assess risk in the investment or loan.

Information gain is one part of the financial statements are a lot of attention. The study by Beaver et al (1979) show that earnings have information content that is reflected in the stock price. While Lev and Zarowin (1999) using the ERC as an alternative to measure the value relevance of income information. The low ERC indicates that the profit is less informative for investors to make economic decisions.

(Simposium Nasional Akuntansi 11)

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PENGARUH MODAL INTELEKTUAL TERHADAP KINERJA PERUSAHAAN

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PENGARUH MODAL INTELEKTUAL TERHADAP KINERJA PERUSAHAAN

BENNY KURYANTO

Universitas Diponegoro Semarang

MUCHAMAD SYAFRUDDIN

Universitas Diponegoro Semarang

ABSTRACT

The objective of this study is to investigate influence of firm’s intellectual capital (IC) on their financial performance. This paper uses the Pulic Framework and data from 73 publicly listed companies between the years 2003 and 2005 on the Indonesia Stock Exchange except financial industry. This study uses partial least square (PLS) for data analysis. Three elements of IC and company performances are tested by this study.

The results show that IC and company performance are not positively related, IC is not correlated to future company performance, the rate of growth of a company’s IC is not positively related to the company’s performance and the contribution of IC to company performance differs by industry. The results help to embolden modern day managers to better harness and manage IC.

Keywords: Intellectual Capital, Performance, Partial Least Square (PLS)

I. Background
Globalization, technological innovation and business competition is tight in this century has forced companies to change their way of doing business. In order for the company continue to survive, companies must quickly change its strategy from a business that is based on labor (labor-based business) towards knowledge-based business (business based on knowledge), so the main characteristics of the company into a science-based company. Along with economic changes that characterized the knowledge-based economy with the implementation of knowledge management (knowledge management), the prosperity of a company will rely on a transformation of creation and capitalization of knowledge itself (Sawarjuwono, 2003)

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(Simposium Nasional Akuntansi 11)

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