International Journal of Public Budgeting, Accounting and Finance (IJPBAF)
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FACTORS AFFECTING QUALITY OF PROFIT IN MANUFACTURING COMPANIES LISTED IN INDONESIA STOCK EXCHANGE
Full text linkThe purpose of this study is to find out and analyze the factors that influence earnings quality in manufacturing companies listed on the Indonesia Stock Exchange. The dependent variable in this study is Profit Quality. Capital Structure, Liquidity, Sales Volatility and Operating Cycles as independent variables and company size as moderating variables. The object of this research is manufacturing companies listed on the Indonesia Stock Exchange in 2015-2018. The sampling technique uses purposive sampling method. The research sample consisted of 72 companies with 288 units of observation. Data analysis method is secondary data using Eviews 9. The results of this study indicate that capital and liquidity structures have a positive and significant effect on earnings quality. Sales volatility and operating cycles have a negative and significant effect on earnings quality. Company size variable is able to moderate the effect of capital structure and operating cycle on earnings quality while company size is not able to moderate the effect of liquidity and sales volatility
FACTORS AFFECTING PAYOUT RATIO DIVIDENDS WITH FOREIGN OWNERSHIP AS MODERATING VARIABLES IN MANUFACTURING COMPANIES IN INDONESIA STOCK EXCHANGE
Full text linkThe purpose of this research is to find out and analyze the factors that influence Dividend Payment Ratios such as Return On Assets, Debt to Equity Ratio, Asset Growth, Free Cash Flow and Company size partially and simultaneously to the dividend payment ratio of manufacturing companies on the Indonesia Stock Exchange . This study also aims to determine the effect of foreign ownership variables on the factors that influence dividend payout ratios. The population of this research is 35 manufacturing companies on the Indonesia Stock Exchange with manufacturing years 2015 to 2017. The research sample was selected using the purposive sampling method. Data were processed using panel data regression statistical test methods. The results of this study indicate that return on assets, debt to equity ratio, asset growth, free cash flow and firm size simultaneously influence the dividend payout ratio. Partially the return on asset variable has a positive and significant effect on the dividend payout ratio and the firm size variable has a negative and significant effect on the dividend payout ratio of manufacturing companies on the Indonesia Stock Exchange. While debt to equity ratio, asset growth and free cash flow do not significantly influence the dividend payout ratio of manufacturing companies on the Indonesia Stock Exchange
ANALYSIS OF FACTORS AFFECTING STOCK PRICES THROUGH CAPITAL ADEQUACY LEVEL IN CONVENTIONAL COMMERCIAL BANKS LISTED ON INDONESIA STOCK EXCHANGE IN 2015-2017
Full text linkThis study aims to examine whether there is an effect of loan to deposit ratio (LDR), non-performing loans (NPL), return on assets (ROA), net interest margin (NIM), operational expenses on operating income (BOPO) and good corporate governance (GCG) both directly and indirectly through the Capital Adequacy Level (CAR) of the Share Price. This study aims to examine whether there is an effect of loan to deposit ratio (LDR), non-performing loans (NPL), return on assets (ROA), net interest margin (NIM), operational expenses on operating income (BOPO) and good corporate governance ( GCG) both directly and indirectly through the Capital Adequacy Level (CAR) of the Share Price. Data is processed using Path Analysis. The results of this study indicate that Non-Performing Loans (NPL), Return On Assets (ROA), Net Interest Margin (NIM) have a direct positive effect on stock prices. While the Loan to Deposit Ratio (LDR), Operating Expenses on Operating Income (BOPO), Good Corporate Governance (GCG) have a significant negative direct effect on Stock Prices. Hypothesis testing for indirect effect shows the results that the Loan to Deposit Ratio (LDR), Non-Performing Loans (NPL), Return On Assets (ROA), Net Interest Margin (NIM), Operational Expenses on Operating Income (BOPO), and Good Corporate Governance (GCG) has a significant effect on Stock Prices through the Capital Adequacy Level (CAR)
THE EFFECT OF PROFITABILITY, FIRM SIZE, FIRM GROWTH, AND DIVIDEND POLICY ON STOCK PRICES WITH CAPITAL STRUCTURE AS MODERATING VARIABLES
Full text linkThe purpose of this study is profitability, firm size, firm growth, and dividend policy on stock prices with capital structure as a moderating variable. The population in this study are telecommunications companies listed on the Indonesia Stock Exchange in the period 2011-2018. The sample selection method uses a purposive technique. The samples used were 4 companies. The method used in this research is panel data regression method with a significance level of 5% using the common effect model (CEM). Hypothesis testing uses t test, f test, and interaction test. The results showed that partially profitability had a positive and significant effect on stock prices, while company size and dividend policy had a negative and significant effect on stock prices and company growth had a positive and not significant effect on stock prices. The second hypothesis testing shows that the capital structure is not able to moderate the relationship between profitability, firm size, and firm growth on stock prices while the capital structure is able to moderate the relationship between dividend policy on stock prices
ANALYSIS OF THE EFFECT OF LEADERSHIP COMMITMENT ON THE RELATIONSHIP BETWEEN FACTORS AFFECTING THE QUALITY OF FINANCIAL STATEMENTS IN THE DIRECTORATE OF HIGHER EDUCATION IN THE MINISTRY OF RESEARCH, TECHNOLOGY AND HIGHER EDUCATION
Full text linkThe purpose of this study was to analyse the commitment of the leadership as a mediator of the relationship between the quality of human resources, supporting infrastructure, compliance with regulations, the accrual-based agency accounting systems applications to the quality of the financial statements of the Ministry of Technology and Higher Education. In this study structural equation modelling is used to analyse the relationship between the quality of human resources, supporting infrastructure, compliance with regulations, the accrual-based agency accounting systems application to the quality of financial statements. Data was collected by distributing questionnaires to SAI officers in the work unit of the directorate of higher education at the research, technology, and higher education ministries at the meeting for preparation at the first semester of 2017 financial statements and the financial report preparation meeting in 2017. SEM data was used with the help of software AMOS. The results showed that the ability of human resources, supporting facilities and infrastructure, compliance with regulations, and the application of an accrual-based agency accounting system (SAI-BA) had an effect both simultaneously and partially on the quality of financial reports in the ministries of research, technology, and higher education. Leadership commitment has not been able to mediate the relationship between human resource capabilities, supporting facilities and infrastructure, compliance with regulations, and the application of accrual-based agency accounting systems (SAIBA) with the quality of financial reports in the ministries of research, technology, and higher education
ANALYSIS OF THE EFFECT OF FINANCIAL RATIOS ON BID-ASK SPREAD WITH PROFIT CHANGE AS MODERATING VARIABLES IN BANKING COMPANIES IN INDONESIA STOCK EXCHANGE
Full text linkThis study aims (1) to test and analyse the effect of Financial Ratios namely Cash Ratio (CsR), Loan to Deposit Ratio (LDR), Non-Performing Loans (NPL), Net Profit Margin (NPM), Capital Adequacy Ratio (CAR), Debt to Equity Ratio (DER) and Third Party Funds (DPK) partially against Bid-Ask Spreads at Banking companies on the Indonesia Stock Exchange. (2) Examining and analysing the effect of Financial Ratios (CsR, LDR, NPL, NPM, CAR, DER and DPK) simultaneously on Bid-Ask Spreads on Banking companies on the Indonesia Stock Exchange. (3) Determine whether Changes in Profit can moderate the effect of Financial Ratios (CsR, LDR, NPL, NPM, CAR, DER and DPK) on Bid-Ask Spreads on Banking companies on the Indonesia Stock Exchange. The object of this study is the Banking Companies listed on the Indonesia Stock Exchange from 2014-2017 as many as 44 companies. The sample selection technique is by survey method. The number of companies selected was 38 companies. The data source comes from the official site of the Indonesia Stock Exchange, www.idx.co.id. Data analysis techniques in the study are multiple linear regression analysis and residual test. The results showed that (1) partially CsR, CAR, DER and DPK variables had a negative and significant effect on Bid-Ask Spread while LDR, NPL and NPM variables had no significant effect on Bid-Ask Spread on banking companies on the Indonesia Stock Exchange. (2) Simultaneously financial ratios (CsR, LDR, NPL, NPM, CAR, DER and DPK) have a significant effect on Bid-Ask Spreads of banking companies on the Indonesia Stock Exchange. (3) Changes in Profit cannot moderate the effect of Financial Ratios (CsR, LDR, NPL, NPM, CAR, DER and DPK) on Bid-Ask Spreads on Banking companies on the Indonesia Stock Exchange
ANALYSIS OF THE EFFECT OF CAPITAL RATIO, ASSET QUALITY, EARNING, LIQUIDITY, AND SENSITIVITY TO MARKET RISK ON BANKING FINANCIAL PERFORMANCE REGISTERED IN INDONESIA STOCK EXCHANGE
Full text linkThis research was conducted with the aim of testing and analysing the effect of Capital, Asset Quality, Earning, Liquidity, and Sensitivity To Market Risk ratios which are proxied by financial ratios of Capital Adequacy Ratio (CAR), Non-Performing Loans (NPL), Net Interest Margin (NIM), Operating Expenses Operating Income (OEOI or BOPO), Loan To Deposit Ratio (LDR), and Interest Rate Risk (IRR) on the financial performance of banks listed on the Indonesia Stock Exchange which is proxied by the financial ratio of Return on Assets (ROA). The population in this study were all banking companies listed on the Indonesia Stock Exchange in the period 2008 to 2018 of 22 banks and made the entire population a research sample, so that the number of observations in the study was 242 observations. Data is processed and tested through panel data regression using Eviews statistical test equipment. The results obtained in this study indicate that CAR, NPL, NIM, OEOI, LDR, and IRR simultaneously have a significant effect on ROA, whereas partially it is known that CAR and NIM have significant positive effect on ROA, NPL and OEOI significantly negative effect on ROA, LDR does not have a significant negative effect on ROA, and finally IRR has no significant positive effect on ROA
THE EFFECT OF PROFIT SHARING FINANCING, FIRM SIZE AND FINANCIAL PERFORMANCE OF ISLAMIC SOCIAL REPORTING (ISR) DISCLOSURE IN SHARIA GENERAL BANKS IN INDONESIA IN 2012-2018
Full text linkThis study aims to analyse the effect of profit sharing financing, firm size and financial performance on Islamic Social Reporting (ISR) disclosure in Islamic commercial banks in Indonesia. This type of research in this research is causal comparative. The population of this study is the Islamic banks registered at the Financial Services Authority in 2012-2018. The sample selection method uses a census (saturated sample), so the number of samples used is 13 sample data. The data collection method used is documentation technique. Methods of data analysis using descriptive statistical methods, panel data regression analysis, and using Eviews software tools. The results showed that profit sharing financing had no significant positive effect on Islamic Social Reporting (ISR) Disclosure, firm size had a significant positive effect on Islamic Social Reporting (ISR) Disclosure, and financial performance had a significant negative effect on Islamic Social Reporting (ISR) Disclosur
FACTORS THAT AFFECT THE QUALITY OF THE GOVERNMENT'S FINANCIAL STATEMENTS IN MEDAN
Full text linkThis study aims to determine and analyze the factors that affect the quality of the Medan city government's financial statements. The independent variables used in this study are the application of Government Accounting Standards, the use of Regional Financial Accounting Information System, internal audit roles and functions, HR competencies and compliance with laws and regulations. The population in this study was 64 local government work units in Medan city government using saturated sampling techniques. This research was conducted by distributing 128 questionnaires to Medan City Local government work unit. This study uses SmartPLS as a tool for testing data. The results showed that the application of Government Accounting Standards and compliance with laws and regulations had a significant negative effect on the quality of local government financial reports. HR competency has no significant positive effect on the quality of the Medan city government financial statements. While the use of Regional Financial Accounting Information System and the role and function of internal audit have a significant positive effect on the quality of the Medan municipal government financial reports
THE EFFECT OF INTELLECTUAL CAPITAL, GOOD CORPORATE GOVERNANCE IMPLEMENTATION QUALITY, CAPITAL STRUCTURES ON COMPANY VALUE WITH FINANCIAL PERFORMANCE AS INTERVENING VARIABLES IN BANKING COMPANIES REGISTERED IN INDONESIA STOCK EXCHANGE PERIOD 2013 – 2017
Full text linkThis study aims to analyse the effect of intellectual capital, the quality of the implementation of good corporate governance and capital structure that affects firm value with financial performance as an intervening variable on banking companies listed on the Indonesia Stock Exchange 2013-2017. The population in this study amounted to 34 companies using the saturated sampling method. Data testing methods used are multiple linear regression analysis and path analysis. Hypothesis research results indicate that partially, intellectual capital variable has a significant positive effect on firm value, the quality of implementing good corporate governance has a negative effect and is not significant on firm value, capital structure has no significant effect on firm value. Financial performance is able to act as an intervening variable between intellectual capital variables and firm value. Financial performance is not able to mediate the variable quality of the implementation of good corporate governance and capital structure to firm value in banking companies listed on the Indonesia Stock Exchange 2013-2017