11 research outputs found
Hurdle Rate and Adverse Selection on Escalation of Commitment
No full textThis article tests the effect of hurdle rates and adverse selection on escalation of commitment. Participants consist of 135 junior managers who had passed two course of management. The result indicates that the managers with adverse selection conditions will tend not to continue unfavorable projects. This research also affirms that the managers with adverse selection conditions will be more likely not to continue projects that are not favorable under the conditions of self-set hurdle rates compared to the conditions of organization-set hurdle rates. This article may contribute to empirical evidence of a decline in comprehensive escalation of commitments.
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Keywords: adverse selection, self-set hurdle rates, organization-set hurdle rates, escalation of commitmen
Pengaruh Skema Moral Terhadap Korupsi Pada Pengadaan Barang/ Jasa Pemerintah Daerah Di Wilayah Daerah Istimewa Yogyakarta
Get PDFPenelitian ini menguji pengaruh skema moral, yaitu identitas sosial, egoistik, legislatif, dan religius terhadap korupsi pada pengadaan barang/jasa pemerintah daerah. Sampel pada penelitian ini adalah pegawai pengadaan barang/jasa, yaitu Pengguna Anggaran (PA), Kuasa Pengguna Anggaran (KPA), Pejabat Pembuat Komitmen (PPK), pejabat pengadaan, dan Panitia/Pejabat Penerima Hasil Pekerjaan pada 152 SKPD di wilayah D.I. Yogyakarta. Hasil analisis menunjukkan bahwa identitas sosial dan egoistik berpengaruh terhadap korupsi pada pengadaan barang/jasa. Skema moral legislatif dan religius berpengaruh negatif terhadap korupsi pada pengadaan barang/jasa. Kontribusi utama pada penelitian ini adalah memberikan perbaikan etika untuk setiap pegawai pengadaan barang/jasa dan pemahaman atas faktor-faktor etis yang mempengaruhi korupsi pada pengadaan barang/jasa, sehingga dapat digunakan untuk perbaikan perilaku moral pegawai pengadaan barang/jasa
The Nexus between Intellectual Capital and Islamic Bank Performance in Indonesia
Get PDFResearch Aims: This research aims to investigate the impact of intellectual capital on the performance of Islamic Banking in Indonesia.
Design/methodology/approach: The population in this research is islamic banking, type of islamic commercial banks. A purposive sampling method is used in the research. This research employs secondary data in the form of annual islamic commercial banking reports from 2017 to 2022. Multiple regression analysis was utilized. The statistical tool used to analyse the research data is eviews 12.
Research Findings: This research shows that human capital efficiency and capital employed efficiency have a positive and significant effect on return on assets. Meanwhile, structural capital efficiency has a negative and significant effect on return on assets.
Theoretical Contribution/Originality: This research has not been examined much because it tests the direct influence of intellectual capital efficiency using the variables human capital efficiency, structural capital efficiency, and capital employed efficiency on the performance of Islamic banking in Indonesia.
Research limitation and implication: This article provides insight into Islamic banking and indicates that investing in intellectual capital has a major impact on islamic banking\u27s the ability to generate profits. This study only examines some instances of Islamic banking in Indonesia. For further research can use islamic banking in ASEAN countries
Can sharia supervisory board affect intellectual capital efficiency?
Get PDFPurpose - This study aims to examine the influence of Sharia Supervisory Board (SSB) characteristics on intellectual capital efficiency in Islamic banks in Indonesia.
Method - This study employs a quantitative approach using panel data regression analysis. The population consists of Islamic banks in Indonesia, with the sample selected using a purposive sampling technique based on specific criteria. The final dataset comprises 63 observations from 10 Islamic banks over the period 2017–2023.
Result - The findings reveal that SSB size, education level and meeting frequency do not significantly affect intellectual capital efficiency. However, SSB cross-membership positively influence intellectual capital efficiency. These results highlight the importance of external expertise and board activity in enhancing intellectual capital in Islamic banks.
Implication - The study provides practical implications for regulators and Islamic bank managers in optimizing SSB governance structures to improve intellectual capital efficiency. Enhancing SSB effectiveness through cross-membership may contribute to better knowledge-sharing and decision-making processes, ultimately improving bank performance.
Originality - To the best of our knowledge, there is still limited research that examines the direct impact of various SSB characteristics on intellectual capital efficiency in Islamic banks, particularly within the Indonesian context. This study therefore contributes to filling this gap in the literature by providing new evidence from an emerging Islamic banking market
Does intellectual capital efficiency improve islamic banking performance? The moderating effect of islamic governance
Get PDFResearch aims: This paper aims to examine the moderating effect of Islamic governance on the relationship between intellectual capital efficiency (ICE) and Islamic bank performance.
Design/Methodology/Approach: The population for this study covered Islamic banks in Indonesia. Purposive sampling was performed, and statistical analysis was conducted using moderating regression analysis by selecting among the common, fixed, and random effects models. The statistical tool utilized was E-Views 12.
Research findings: The primary finding of this study is related to the positive moderating effect of structural capital efficiency on the relationship between intellectual capital and Islamic banking performance. Furthermore, Islamic governance could not strengthen the influence of human capital efficiency and capital employed efficiency on the performance of Islamic banks.
Theoretical contribution/Originality: To the best of the authors’ knowledge, no other research has examined whether intellectual capital significantly affects the performance of Islamic banks with a moderating effect on Islamic governance in Indonesia.
Practitioner/Policy implication: The results of this research provide input for the Sharia Supervisory Board to pay attention to the management of intellectual capital in Islamic banks and encourage Islamic banks to increase the value of intangible resources, capabilities, and asset knowledge to create and maintain competitive advantages in Islamic banks.
Research limitation/Implication: This study focused only on Indonesian Islamic banks; hence, future research should be extended to Islamic insurance and microfinance
Does intellectual capital efficiency improve islamic banking performance? The moderating effect of islamic governance
Get PDFResearch aims: This paper aims to examine the moderating effect of Islamic governance on the relationship between intellectual capital efficiency (ICE) and Islamic bank performance.Design/Methodology/Approach: The population for this study covered Islamic banks in Indonesia. Purposive sampling was performed, and statistical analysis was conducted using moderating regression analysis by selecting among the common, fixed, and random effects models. The statistical tool utilized was E-Views 12.Research findings: The primary finding of this study is related to the positive moderating effect of structural capital efficiency on the relationship between intellectual capital and Islamic banking performance. Furthermore, Islamic governance could not strengthen the influence of human capital efficiency and capital employed efficiency on the performance of Islamic banks.Theoretical contribution/Originality: To the best of the authors’ knowledge, no other research has examined whether intellectual capital significantly affects the performance of Islamic banks with a moderating effect on Islamic governance in Indonesia.Practitioner/Policy implication: The results of this research provide input for the Sharia Supervisory Board to pay attention to the management of intellectual capital in Islamic banks and encourage Islamic banks to increase the value of intangible resources, capabilities, and asset knowledge to create and maintain competitive advantages in Islamic banks.Research limitation/Implication: This study focused only on Indonesian Islamic banks; hence, future research should be extended to Islamic insurance and microfinance
What Drives the Impact of Corporate Governance on Firm Value? Evidence from Earnings Management at Indonesian Sharia Stock Index (ISSI)
Get PDFPurpose: This study sought empirical evidence on the impact of corporate governance as proxied by the board of commissioner\u27s size, managerial ownership, and audit quality on firm value using earnings management as an intervening variable in energy sector companies indexed by the ISSI and listed on the Indonesia Stock Exchange from 2014 to 2022.
Methodology: This study uses purposive sampling technique and panel data, resulting in 171 selected sample data units that will be processed using eviews.
Findings: Managerial ownership, audit quality, and earnings management all have a significant and beneficial impact on firm value. However, the board of commissioners has a negative impact. Aside from that, the board of commissioners\u27s size and managerial ownership do not affect earnings management, but audit quality has a negative effect. Earnings management as an intervening variable influences corporate governance variables.
Novelty: This research attempts to provide a novel viewpoint on how political instability in a country can affect the investment climate in the Indonesian energy sector, which has received little attention previously. This study also acknowledges the inconsistency of previous research findings regarding the relationship between corporate governance and firm value, paving the way for incorporating earnings management variables as mediators and ultimately contributing to our understanding of the complex dynamics between these elements
PENGARUH TEKANAN EKSTERNAL, KETIDAKPASTIAN LINGKUNGAN, DAN KOMITMEN MANAGEMEN TERHADAP PENERAPAN TRANSPARANSI PELAPORAN KEUANGAN (Studi Empiris atas Pemerintah Daerah di Wilayah Provinsi D. I. Yogyakarta)
No full textIn Indonesia, studies on implementation of transparency of financial reporting are still
very few and limited. Based on a survey conducted in D.I. Yogyakarta, the purpose of
this study is to explore a conceptual model developed to explain the relationship between
external pressures, environmental uncertainty, management commitment and
transparency of financial reporting. Theoretical development and interpretation of this
research is drawn from institutional theory. The samples of this study consist of 149
SKPD in D.I. Yogyakarta. This study uses mixed methods (mixed method), applying a
combination of two approaches (quantitative and qualitative) at the same time with
sequential explanatory strategy. Partial Least Square (PLS) was used to analyze the
proposed model and relationships. Content analysis was used to capture the phenomenon
of isomorphism that occurred in implementation of the transparency of financial
reporting. This study provides evidence that the implementation of transparency of
financial reporting in the D.I. Yogyakarta is influenced by external pressures and
management commitment. The major contribution of this research is to provide an
understanding of the factors that affect the application of the transparency of financial
reporting, which in turn could be used to formulate government policy in the future
What Shapes the Perceived Quality of Local Government Financial Reports? Evidence from the Special Region of Yogyakarta
No full textPurpose: This study aims to examine the key factors influencing the perceived quality of local government financial reports, focusing on internal stakeholder perceptions of decision usefulness, public accountability, and transparency.
Method: A quantitative research approach was employed using a survey method. The population comprised all local government units (Organisasi Perangkat Daerah or OPD) in the Special Region of Yogyakarta, with purposive judgment sampling used to select relevant departments and agencies. The respondents were finance and accounting personnel within each sampled OPD. Data were collected through structured questionnaires and analyzed using WarpPLS 7.0 to assess the measurement model and test the proposed hypotheses via structural equation modeling (SEM).
Findings: The results reveal that perceived decision usefulness, accountability, and transparency each have a significant and positive effect on the perceived quality of financial reports. These findings suggest that internal users’ judgments of report quality are strongly influenced by how well financial information supports managerial decisions, fulfills accountability expectations, and communicates financial realities transparently.
Novelty: This study contributes to the public sector accounting literature by integrating three theoretical perspectives, decision-usefulness theory, public accountability theory, and transparency theory, to explain variation in perceived financial reporting quality. By focusing on the perceptions of internal stakeholders in local government, the study offers a contextualized understanding of how technical and normative dimensions of reporting shape quality assessments in a decentralized public finance environment
The Impact of External Pressure, Environmental Uncertainty, and Commitment of Management on Implementation of Financial Reporting Transparency
No full textIn Indonesia, studies on the implementation of financial reporting transparency are still very scarce and limited. Based on a survey conducted in the Special Region of Yogyakarta, the purpose of this study is to explore a conceptual model developed to explain the relationship between external pressures, environmental uncertainty, management commitment and in financial reporting transparency. The theoretical development and interpretation of this research is drawn from institutional theory. The samples for this study comprise 149 SKPD in the Special Region of Yogyakarta. This study uses mixed method, applying a combination of two approaches (quantitative and qualitative) at the same time with a sequential explanatory strategy. The Partial Least Square (PLS) method was used to analyze the proposed model and relationships. Content analysis was used to capture the phenomenon of isomorphism that occurred in implementation of the transparency financial reporting. This study provides evidence that the implementation of transparency in financial reporting in the Special Region of Yogyakarta is influenced by external pressures and management commitment. The major contribution of this research is to provide an understanding of the factors that affect the application of financial reporting transparency, which in turn could be used to formulate government policy in the future
