The aim of this study is to examine the role of corporate governance iniintellectual capital disclosure. This study uses firm size, leverage and return on asset as a control variable. The population in this study consists of manufacturing companies in Indonesia Stock Exchange for the period 2016 - 2018. Sample determined with purposive sampling method. Total sample of this research are 327 companies. This study used multiple regression analysis for hypotheses testing. The results of this study show that board size and government ownership has positive and significant effect on intellectual capital disclosure. Meanwhile, the proportion of independence, blockholder ownership, board tenure has no effect on intellectual capital disclosure.
The purpose of this study is to examine the effect of audit tenure, public accounting firms rotation, public accounting firms size, and auditor industry specialization on audit quality. Proxy measurements for audit quality is using discretionary accrual Modified Jones model, while audit tenure is measured by calculating the years in which the same auditor has collaborated with clients. Accounting firms rotation, accounting firms size, and auditor industry specialization is measured by using dummy variables. The population used in this study are manufacturing companies listed on the Indonesia Stock Exchange for the period 2017-2019. Sampling was done by using purposive sampling method. The total sample in this study was 403. The multiple linear regression was used to analyze data. The results showed that audit tenure negatively affecting on audit quality, accounting firms rotation positively affecting on audit quality, and auditor industry specialization positively affecting on audit quality while the public accounting firms size has no effect on audit quality.
This study aims to examine the effect of company characteristics on voluntary disclosure of Internet Financial Reporting. The dependent variable used in this study is voluntary disclosure of Internet Financial Reporting. Company characteristic is proxied by Company Size, Profitability, Company Age, Internationalized company, and industrial sector are used as independent variables. The population used in this study is manufacturing company listed on the Indonesian Stock Exchange in the period of 2019. Total sample of companies amouned to 124 samples were taken by using purposive sampling method and data analysis is done by using the multiple linear regression. Based on the results of the study, it shows that company size, profitability, company age and internationalized companies have no effect on voluntary disclosure of Internet Financial Reporting. Meanwhile, the industrial sector has a significant positive effect on voluntary Internet Financial Reporting disclosure. This is because industrial sector companies are companies that are advanced and keep up with the times that have used services with internet media.
This study was aimed to examine the effect of firm characteristics and board of commissioner characteristics on the dividend policy. The dependent variable of this study is dividend policy which is measured by dividend payout ratio (DPR). The firm characteristics proxied by profitability (ROA), leverage (DER), free cash flow, and the board of commissioner characteristics proxied by board size, board independence and board expertise. In addition, firm size and firm growth were used as control variables. The population of this study were the manufacturing company listed on the Indonesia Stock Exchange in the period of 2016-2018. Based on the purposive sampling method, the final sample obtained were 192 companies. Multiple linear regression was used to test the hypothesis in this study. The results showed that profitability (ROA), free cash flow, board independence and board expertise have a positive and significant effect on dividend policy, whereas leverage (DER) and board size have no significant effect on dividend policy.
This study aims to examine the effect of accrual earnings management (short term discretionary accrual and long term discretionary accrual), real earnings management (abnormal cash flow operations and abnormal discretionary expense), as well as IPO indicators such as underpricing on the oversubscription level of IPOs for SMEs in Indonesia. This research refers to research conducted by Arora and Singh (2020). The short term discretionary accrual and underpricing characteristics are considered to have a positive effect on the level of oversubscription in accordance with the hypothesis based on signal theory. This study uses multiple regression analysis, normality test to fulfill multiple regression tests and other classical assumption tests as well as the fit and goodness test. This study found that the level of oversubscription can be influenced by earnings management and underpricing and has explained the relationship between the dependent and independent variables. The results of this study explain that short term discretionary accruals have a positive effect on the level of oversubscription of the IPO of SMEs. Abnormal cash flow has a significant negative effect on the level of oversubscription. Meanwhile, long term discretionary accrual, abnormal discretionary expense, underpricing have no effect on the level of oversubscription of the IPO of SMEs in Indonesia.
The purpose of this study is to investigate the effect of family ownership, institutional ownership and foreign ownership on company performance in manufacturing companies listed on the Indonesia Stock Exchange. The independent variables in this study are family ownership, institutional ownership and foreign ownership with company performance as the independent variable.The sample used in this study were 68 companies in manufacturing listed on the Indonesia Stock Exchange (IDX) in 2016 - 2018. The type of data used in this study is secondary data, in the form of corporate financial statements. The data is then analyzed using multiple linear regression analysis, classical assumption test and hypothesis testing.The results of this study indicate that institutional ownership has a significant positive effect on company performance, while family ownership and foreign ownership have no significant effect on company performance. Institutional ownership is considered to have an important role in minimizing agency conflicts that occur between shareholders and management.The existence of institutional investors is considered capable of optimizing the supervision of management performance by supervising every decision made by management as company manager.
This research aims to analyze the factors that influence stocks trading activity in companies listed on the Indonesia Stock Exchange. Stock trading activity is measured by the number of times the company's stock transactions in a certain period. Stock that are slightly traded are called inactive stock or sleep stocks, and shares that are heavily traded are called active stocks. The independent variables used are the ratio of return on assets (ROA), debt to equity ratio (DER), and price to book value (PBV). The data used in this research is secondary data using purposive sampling method as a method of determining the sample. Sampling was taken from 45 LQ45 stocks and 45 stocks with the least transaction frequency in the Indonesia Stock Exchange, so that a research sample of 360 data (4 years) was obtained. This study uses binomial logistic regression analysis to test the research hypothesis. The results of this research successfully demonstrated that return on asset (ROA) has a significant positive effect on stocks trading activity. However, debt to equity ratio (DER) and price to book value (PBV) has no effect on stocks trading activity.
This study aims to empirically investigate the impact of intellectual capital (IC) on the financial performance of Islamic Banks operating in Indonesia. The variables used in this study are the dependent variable (financial performance), the independent variables (value added intellectual capital, capital employed efficiency, human capital efficiency, and structural capital efficiency) and the control variables (Leverage and Size). The population in this study is Islamic Banks listed website OJK in 2017-2019. Sampling is done by purposive sampling. Based on the purposive sampling method, samples obtained were 33 samples f or the three years obtained (2017-2019). The analytical method used in this study is ordinary least square (OLS). The results of this study indicate that value added intellectual capital, capital employed efficiency, and human capital have a positive and significant effect on financial performance. While, structural capital efficiency has a negative but significantly influence the financial performance.
This study aims to determine and analyze systrust of 8 electronic tax applications to the indicators of security, availability, processing integrity, confidentiality, and privacy based on dimensions of ease of use, usefulness, attitudes, and behavioral intentions . This research also aims to find out which electronic tax applications has the best systrust. Research population is 15 electronic tax applications provided by the Directorate General of Taxes (DGT). While, research sample is 8 electronic tax applications. This research collaborates primary data form applications observasion, study documentation, and experimental results from dummy data. This research shows systrust of the e-faktur application is118, e-SPT of income tax article 21/26 is119, e-SPT of corporate income tax is 121, e-SPT of personal income is114, e-SPT of income tax article 4 (2) is 116, e -SPT of income tax article 23-26 is117, e-SPT of income tax article 22 is 121, and e-SPT of income tax article 15 is 121. Based on research results it is also known that e-SPT of corporate income tax, e-SPT of income tax article 22, and e-SPT of income tax article 15 are applications with the highest systrust. Meanwhile, e-SPT of personal income is application with the lowest systrust.
This aim of thif research is to examine the effect of internal control system on the organizational performance of regional apparatus with performance measurement system as a mediating variable in OPD Bukittinggi City. The dependent variable in this research is the organizational performance of regional apparatus. While the independent variable is internal control system also performance measurement system as a mediating variable. The sampling method used is purposive sampling. The sample in this research amounted to 115 respondents who are civil servants (PNS) in Bukittinggi City. The type of data used in this research is primary data by distributing questionnaires to respondents. Data analysis techniques used are simple linear regression analysis and path analysys processed using SPSS. The results showed that: (1) the intenal control system directly affects has a positive and significant effect on the performance of regional apparatus organizations in OPD Bukittinggi City, (2) the performance measurement system has a positive but insignificant effect on the performance of regional apparatus organizations in OPD Bukittinggi City, and (3) the internal control system indirectly has a positif but insignificant effect on the performance of regional apparatus organizations through the performance measurement system in OPD Bukittinggi City. This indicates that the performance measurement system is unable to mediate in the relationship between the internal control system and the performance of regional apparatus organizations.
This study aims to empirically examine the Effect of Auditor Industry Specialization and Reputation Auditor on Audit Report Lag (Empirical Study of Manufacturing Companies Listed on the Indonesia Stock Exchange in 2018 and 2019). The population in this study were all companies registered in Indonesia Stock Exchange for the year 2018 and 2019. The data used in this study were secondary data and the sampling method used purposive sampling. Total number of samples used in this study were 202 study samples. The data in this study were analyzed using multiple regression techniques. Before being conducted by regression test, it was examined by using classical assumption test. Other than classical assumption test, the data in this study were also analyzed using pearson and spearman correlation test. The results of this study indicate that auditor industry specialization has negative and significant effect to the audit report lag. While, reputation auditor is not significantly influence to the audit report lag.
The aim of this study is to investigate disclosure of environmental, community, marketplace and workplace dimension of CSR on financial perfomance. The population in this study consists of all Indeks LQ-45 companies listed on Indonesia Stock Exchange (IDX) for the 2017-2019 period. Sample determined with purposive sampling method. Total sample of this research is 78 companies. The method of analysis in this study used multiple regression analysis. The results show that environmental and community dimension of CSR has positive impact to financial perfomance. Furthermore, we found no significant impact of marketplace and workplace dimension of CSR on financial perfomance.
This study aims to examine the effect of CSR and company performance on tax risk. The variables used in this study are the dependent variable (tax risk), the independent variable (CSR), the moderating variable (earnings performance), and the control variable. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019. The sample was taken by using purposive sampling method. Based on the purposive sampling method, the samples obtained were 17 companies for three consecutive years (2017-2019). The analytical method used in this research is OLS regression analysis. The results of this study indicate that CSR has a negative effect on tax risk and earnings performance strengthens the relationship between CSR and tax risk.
This study aims to provide a deeper explanation regarding the Effect of of Corporate Social Responsibility on Corporate Financial Performance with Risk as a Mediating Variable. The population in this study are companies in the few sectors in natural resource industry listed on the Indonesia Stock Exchange (IDX) from 2011 to 2019, especially in mining, agriculture and basic industries’s sectors. This study uses secondary data and purposive sampling method as a method of selecting samples. Also, this study uses PLS (Partial Least Square) analysis as model data analysis. The results showed that CSR has a positive effect on CFP, CSR has a positive effect on company risk and company risk has an effect as a mediating variable between CSR and CFP.
The purpose of this research is to examine the effect of effectiveness of the audit committee, financial condition, operational complexity, profitability, and external auditor characteristics to audit report lag on manufacturing companies. Variables used in the examination are effectiveness of the audit committee, financial condition, operational complexity, profitability, auditor reputation, tenure audit, and specialization industrial auditor as the independent variables, also audit report lag as the dependent variable. This research used manufacturing companies during the 2017-2019 with total sample is 351 samples. Sampling based on purposive sampling method that follows certain criteria(s). Multiple regression analysis is the analysis method used in this research. The results of this study indicates that effectiveness of the audit committee and profitability have a negative significant effect on audit report lag. Audit tenure has a positive significant on audit report lag. Beside that, auditor reputation and specialization industrial auditor have a negative and insignificant on audit report lag. Financial condition and operational complexity have a positive and insignificant on audit report lag. Audit tenure has a positive significant on audit report lag.
This scientific paper aims to examine the Impact of Corporate Social Responsibility (CSR) and Corporate Governance (GCG) on Financial Performance Using Profit Management as a Mediation Variable (Empirical Study of Manufacturing Companies Listed on the Indonesia Stock Exchange 2018-2019). The background of this research is because financial performance is one of the indicators that can be used to measure whether a company is getting the expected profit and to fulfill its obligations to investors in order to achieve company goals. Two factors that affect the company's financial performance are corporate social responsibility (CSR) and corporate governance mechanisms (GCG). Earnings management which is used as a mediating variable in this study was chosen because it can describe the asymmetry of information about the state of the company between the owner (principal) and management (agent) where management does not provide true information about the condition of the company. This study shows that corporate social responsibility (CSR) and corporate governance (GCG) have a positive influence on financial performance, corporate social responsibility (CSR) has a positive effect on earnings management, and earnings management has a negative effect on management. profit.
This study aims to obtain empirical evidence and analyze the effect of the board of commissioners’ diversity, such as gender diversity, independent board of commissioners, the board of commissioners’ nationality, board of commissioners’ age, board of commissioners’ education, and managerial ownership on corporate social responsibility (CSR) disclosure. This study also uses profitability as a control variable.The population in this study are manufacturing companies listed on the Indonesia Stock Exchange in 2015-2018. The total sample used in this study was 85 companies based on predetermined criteria (purposive sampling). Data were analyzed using panel data analysis. The findings of this study indicate that gender diversity and board of commissioners’ education have a positive and significant effect on corporate social responsibility (CSR) disclosure, meanwhile independent board of commissioner, the board of commissioners’ nationality, board of commissioners’ age, and managerial ownership have no effect on corporate social responsibility (CSR) disclosure. Profitability as a control variable has no effect on corporate social responsibility (CSR) disclosure.
This research was conducted to examine the effect of corporate governance of the financial distress. Variables used in the examination are managerial ownership, institutional ownership, size board, board independency, board activity and audit committee knowledge as the independent variables, also financial distress as the dependent variable. The samples of this research is a manufacturing companies listed in Indonesian Stock Exchange from 2017 – 2019. The samples based on purposive sampling method with certain criteria(s). Based on the criteria the samples obtained 232 data. The method used is hypothesis testing by using mutiple linear regression test. The result showed that managerial ownership, institutional ownership, size board, board independency, and board activity not affect the financial distress. Meanwhile, audit committe knowledge have a negative and signifikan on financial distress.
This study was made with the aim of knowing the effect of audit quality, which consists of auditor industry specialization and auditor reputation, on audit report lag in manufacturing companies listed on the Indonesia Stock Exchange (IDX) in the period of observation from 2017 to 2018. Independent variables on this research are auditor industry specialization and auditor reputation, the dependent variable in this study is audit report lag, and the control variables in this study are company size, financial leverage, number of subsidiaries, extraordinary items, family ownership, financial condition, and the type of industry. This study has a population that is all companies listed on the Indonesia Stock Exchange (IDX). The sample in this study consisted of all manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2017 –2018, with a total sample of 565 companies samples. Purposive sampling menthod is a method used to take samples that will be used in this study. Sources of data used in this study are secondary data from audited financial reports and company annual reports published through the Indonesia Stock Exchange (IDX) website as well as through the respective companies' websites. Ordinary Least Squares (OLS) and multiple regression techniques are the analytical methods used in this study. The results obtained in this study indicate that there is a negative but insignificant influence between the auditor industry specialization and audit report lag, and there is a negative but insignificant effect between the auditor reputation and audit report lag.
This study aims to examine the effect contingent fit between business strategies and environmental uncertainty on tax avoidance disclosure in Indonesian companies. The population in this study were all companies registered in Indonesia Stock Exchange for year 2016-2019. The sampling method used in this study was purposive sampling. Samples obtained were 27 companies for the four years obtained (2016-2019). The analytical method used in this study was multinominal logistic regression and panel data regression. The result of this study indicate that in highly uncertain environment, the contingent fit level of defender strategy is higher than analyzer strategies. This study also indicate that the contingent fit between prospector strategy and environmentak uncertainty has a positive effect on tax avoidance, and this effect is higher than for the two other strategies. Moreover, the fit level of defender strategy to environmental uncertainty affects tax avoidance. Meanwhile environmental uncertainty positively affects tax avoidance.
