23 research outputs found
Kinerja Dan Kompensasi Masa Depan Di Bank Syariah Dan Konvensional
Full text linkThe objective of this study is to examine the relationship between changes of performance and changes of compensation of board commissioners and board of directors. In contrast to previous research, this study compare the relationship on conventional banking and Islamic banking in Indonesia. The samples of this research are conventional and Islamic banking between periode 2011-2015. Data in this study were obtained from financial statements. Regression analysis will be employed to answer the research questions. The result showed that there is a positive relationship between changes of performance and compensation. However, there is no difference the relationship of performance and compensation on the conventional and Islamic banking. This study supported the agency theory, but it does not support the stewardship theory
The Role of Biological Asset Disclosure and Biological Asset Intensity in Influencing Firm Performance
Full text linkAbstract:Research aims: The purpose of this study is to analyze the effect of biological asset intensity towards the company performance with biological asset disclosure as an intervening variable.Design/Methodology/Approach: The sample used in this study was firms engaged in the agricultural sector registered in Indonesia Stock Exchange 2015-2017 period. The sample selection method used was purposive sampling according to the required criteria. The analytical tools employed a mediation model based on path analysis using the software process.Research findings: The study results showed that biological asset intensity positively affected biological asset disclosure, biological asset intensity negatively affected the company performance, the biological asset disclosure positively affected the company performance, and the biological asset disclosure mediated the correlation between biological asset intensity and company performance.Theoretical contribution/ Originality: The biological asset disclosure mediated the correlation between biological asset intensity and company performance.Practitioner/Policy implication: This study is expected to encourage firms to be more concerned about biological asset disclosure to improve company performance. On the other hand, this study also helps the standard board see the biological asset disclosure in Indonesia considerably and develop the Indonesian Financial Accounting Standards Guidelines 69.Research limitation/Implication: This study used the Indonesian Financial Accounting Standards Guidelines 69, which is relatively new for companies that effectively implement these regulations
Pemetaan Potensi Desa dalam Rangka Mewujudkan Bumdes Di Kecamatan Moyudan
Full text linkThe founding of Village-Owned Business Entity (Badan Usaha Milik Desa, BUMDes) is a mandate of Laws. It is also one of the leading work programs in Priority Performance in the period 2015-2019. Even though 5000 BUMDes targeted by the Ministry of Villages, Disadvantaged Regions and Transmigration has exceeded by the establishment of nearly 35.000 BUMDes across Indonesia. However, there are some villages which still seem doubtful and less motivated to establish BUMDes. Moyudan sub-district consists of four villages and there is only one village which has already pioneered the establishment of BUMDes. The aim of the community service program (PPM) is to motivate the initiation of the establishment of BUMDes in Moyudan sub-district. The activity of PKM was conducted through initial survey, training, and consultation on the mapping of village potential. The outcome of this activity is the documents of the mapping of village potential and the selection of BUMDes enterprise planning
Digitalization Challenges for SMEs: A Systematic Literature Review Perspective and Future Research
Full text linkSMEs are a fundamental component of the economic structure in many countries. In the contemporary era of digitalization, SMEs are undertaking various initiatives to align with the evolving business landscape. This study aims to explore and synthesize research results on the role of digitalization in developing small and medium enterprises (SMEs). The literature review used the Scopus database. The data obtained were 127 documents from 2010 to 2023. SME digitization research has been conducted in 42 countries using 92 theories from 94 journals. The results showed three research clusters: business model innovation, Enterprise Resource Planning (ERP), and Information Technology (IT) capabilities. Digital platforms and information management assist SMEs in adjusting, creating new ideas, and staying competitive in difficult business circumstances. Digital platforms assist SMEs by extending market reach, automating operations, improving marketing and promotional efforts, analyzing consumer data to make better decisions, and strengthening team communication and customer care. Future research investigates effective strategies and educational programs aimed at helping SMEs acquire digital skills, adopt digital technology, and implement advanced blockchain-based contract systems. Future research also investigates the ethical implications of SME digitalization, encompassing issues related to data privacy, digital security, and the appropriate use of emerging technologies
FORWARD-LOOKING INFORMATION DISCLOSURE AND FIRM VALUE IN THE PANDEMIC ERA
Full text linkThe study investigates the forward-looking information disclosure (FLID), firm performance, and firm value during the COVID-19 pandemic. The population of this study was firms listed on the Indonesia Stock Exchange (IDX). The sampling methods used purposive sampling based on specific criteria. Our total sample was 478 observations. The data were analyzed based on multiple regressions utilizing the EViews program. The results of this study revealed that forward-looking information disclosure did not affect firm value. However, firm performance has a positive effect on firm value. Therefore, the interaction of firm performance and forwardlooking information positively affects firm value. During the pandemic, managers disclose more forward-looking information than before the pandemic
The Analysis Of Fraud Pentagon Theory And Financial Distress For Detecting Fraudulent Financial Reporting In Banking Sector In Indonesia (Empirical Study Of Listed Banking Companies On Indonesia Stock Exchange In 2012-2017)
No full textHerding behavior, information type, and overconfidence bias: an experimental study on novice investors’ investment decisions
Full text linkResearch aims: By the end of 2023, Indonesian Central Securities Depository data revealed a significant increase in the number of investors dominated by millennial investors (56.41%). They are categorized as novice investors who have distinctive characteristics from professional investors. This study, thus, aims to examine whether herding behavior dominates the characteristics of novice investors and whether information type and overconfidence bias affect the herding behavior of novice investors.
Design/Methodology/Approach: This study used a quasi-experimental 2x2 mixed design on 42 student participants who were members of the Capital Market Study Group. The data obtained were then tested using non-parametric statistics.
Research findings: The test results uncovered that herding dominated the investment behavior of novice investors. This behavior was supported by the information type that participants paid attention to in making decisions. However, testing for overconfidence demonstrated that this variable was not the cause of novice investors' herding behavior.
Theoretical contribution/Originality: The results of this study contribute theoretically to the investment behavior of novice investors by strengthening the argument that they tend to behave herding when making stock investment decisions. Testing with an experimental design allows researchers to confirm that such herding behavior is reinforced by the preference for the information type they use in decision-making. The results also provide insight into the fact that the overconfidence level of novice investors may be different from that of professional investors.
Practitioner/Policy implication: The tendency of herding behavior of novice investors needs attention from the Financial Services Authority as a regulator to consider protection for novice investors who dominate the number of investors in the capital market.
Research limitation/Implication: The tests in this study employed non-parametric statistics, which are not as good as parametric tests, so the study results should be understood wisely. Future research needs to consider the adequacy of the sample and use capital market groups in several universities to improve sample quality
Dampak Keberadaan Badan Usaha Milik Desa (BUMDes) Terhadap Peningkatan Kesejahteraan Masyarakat (Studi pada Badan Usaha Milik Desa (BUMDes) di Desa Ponggok, Tlogo, Ceper dan Manjungan Kabupaten Klaten)
Full text linkLatar Belakang: Transparancy sangat penting untuk meningkatkan publikasi kepada masyarakat agar masyarakat mengetahui dengan jelas kondisi aset yang dimiliki. Fokus penelitian ini menggambarkan bagaimana keberlanjutan pengelolaan BUMDes dimasa yang akan datang, tanggungjawab dari pengelolaan BUMDes dan transparansi pengelolaan BUMDes yang diberikan kepada masyarakat di Pemerintah Kabupaten Klaten.Tujuan: Penelitian ini bertujuan untuk mengkaji Keberadaan Badan Usaha Milik Desa (BUMDes) terhadap Peningkatan Kesejahteraan Masyarakat. Penelitian ini bertujuan untuk mengetahui apakah dengan keberadaan BUMDes bisa meningkatkan kesejahteraan masyarakat.Metode Penelitian: Teknik pengumpulan data yang digunakan dalam penelitian ini adalah dengan wawancara untuk menggali informasi yang diperlukan. Penelitian ini pemilihan informan dipilih secara purposive sampling. Informan yang dipilih dalam penelitian ini adalah Ketua BUMDes, Staff BUMDeS, Kepala Desa, Tokoh Masyarakat sekitar.Hasil Penelitian: Hasil penelitian ini menunjukkan bahwa keberadaan BUMDes bisa meningkatkan kesejahteraan masyarakat meskipun ada salah satu BUMDes yang belum bisa menyumbang ke PADes dan belum ada remunerasi tetapi masyarakatnya mendukung keberadaan BUMDes dengan jiwa sosialnya yang tinggi untuk ikut andil dalam memajukan BUMDes tersebut dan masyarakat merasa perbedaan sebelum ada BUMDes dan setelah ada BUMDes.Keterbatasan Penelitian: Batasan ini bertujuan agar pembahasan yang dilakukan dalam penelitian hanyalah masalah yang akan diteliti oleh peneliti. Ruang lingkup dalam penelitian ini terbatas pada lokasi penelitian dan informan yang dipilih.Keaslian/Novetly Penelitian: Penelitian BUMDes merupakan topik baru, khususnya penelitian untuk di Pemerintah klaten. Sehingga, keaslian dari penelitian ini menjadi diskusi baru khusunya wilayah klaten
Herding behavior, information type, and overconfidence bias: an experimental study on novice investors’ investment decisions
Full text linkResearch aims: By the end of 2023, Indonesian Central Securities Depository data revealed a significant increase in the number of investors dominated by millennial investors (56.41%). They are categorized as novice investors who have distinctive characteristics from professional investors. This study, thus, aims to examine whether herding behavior dominates the characteristics of novice investors and whether information type and overconfidence bias affect the herding behavior of novice investors.Design/Methodology/Approach: This study used a quasi-experimental 2x2 mixed design on 42 student participants who were members of the Capital Market Study Group. The data obtained were then tested using non-parametric statistics.Research findings: The test results uncovered that herding dominated the investment behavior of novice investors. This behavior was supported by the information type that participants paid attention to in making decisions. However, testing for overconfidence demonstrated that this variable was not the cause of novice investors' herding behavior.Theoretical contribution/Originality: The results of this study contribute theoretically to the investment behavior of novice investors by strengthening the argument that they tend to behave herding when making stock investment decisions. Testing with an experimental design allows researchers to confirm that such herding behavior is reinforced by the preference for the information type they use in decision-making. The results also provide insight into the fact that the overconfidence level of novice investors may be different from that of professional investors.Practitioner/Policy implication: The tendency of herding behavior of novice investors needs attention from the Financial Services Authority as a regulator to consider protection for novice investors who dominate the number of investors in the capital market.Research limitation/Implication: The tests in this study employed non-parametric statistics, which are not as good as parametric tests, so the study results should be understood wisely. Future research needs to consider the adequacy of the sample and use capital market groups in several universities to improve sample quality
Foreign Ownership, Audit Committee Expertise, and Integrated Reporting Disclosure: Evidence from Indonesia
No full textThis research aims to examine the influence of foreign ownership on integrated reporting disclosure with audit committee expertise acting as a moderating variable. The population in this study was companies listed on the Indonesia Stock Exchange in 2022. The sample was selected using a purposive sampling technique with several criteria, and it resulted in 428 companies. Data processing was then carried out utilizing SPSS and through multiple regression tests. According to the analysis and testing carried out, the result obtained exhibited that foreign ownership, audit committee expertise, profitability, and firm size exerted no influence on integrated disclosure. The test results using the moderating variable, i.e., the audit committee expertise, revealed that reporting foreign ownership moderated by the audit committee expertise did not affect integrated reporting disclosure
