Indonesia Conference Directory

Corresponding Author
abdurrahman Hasan

Institutions
(a)Faculty Of Economic and Business
University Of Esa Unggul
Jakarta, Indonesia
*abdurrahman[at]esaunggul.ac.id

(b) Central Bureau of Statistics

Abstract
Financial statements are important information for decision makers, because they contain the financial position, performance and changes in the companys financial position. However, determining the performance of a company can be used in various ways and functions to get benefits as information in determining the direction of company policy. The objectives of this research are to formulate the design of earning management formulations and models, measure intellectual capital, and the level of efficiency in the corporate services sector in Indonesia. Furthermore, testing is carried out to make a prediction model about the consequences of earning management actions, intellectual capital, and efficiency ratio on Company Performance in Indonesia. The chosen research subjects are the Health services sub-sector company and the Restaurant, Hotel and Tourism sub-sector operating in Indonesia from 2013 to 2018. The data analysis method used is Path Analysis. The results showed that only earnings management, intellectual capital from VACA, and efficiency of the SFA ratio only affect the Companys performance while the intellectual capital from VAHU and STVA has no effect on company performance. The implication of this research is that service companies in Indonesia still apply earnings management in conducting their business, while in terms of intellectual capital, the role is only the companys ability to utilize its capital

Keywords
Earnings Management, Intelectual Capital, Efficiency Ratio, Price to Book Value

Topic
Financial Accounting

Link: https://ifory.id/abstract/9uPnDWKHkNrw

Corresponding Author
Erwin Saraswati

Institutions
Universitas Brawijaya

Abstract
Purpose – Research aims to provide the concept of sustainability disclosure in annual report by local government in Indonesia since less research has been done to discuss about that topic. Based on government-s commitment to implement SDG-s in any sector, therefore, sustainability disclosure is parallel with one of SDG-s goal related to the environment. Design/methodology/approach – Systematic literature review is used as research method based on research articles which contain sustainability disclosure, local government, and public sector as the keywords. Systematic literature review objectives are doing synthesize research and receiving certain questions comprehensively by organizing replicative articles (Little, 2008). Findings – Conceptual framework to applied sustainability disclosure in the annual report by local government. Sustainability is important to be reported in Indonesia regarding severe environmental damage and the importance of legitimacy from society making. The proposed framework is in line with triple bottom line concept which consist of general, economic, social and environmental information disclosure. Originality/value – Indonesia needs sustainability disclosure for the unique character and geographic.

Keywords
sustainability disclosure, local government, and public sector

Topic
Sustainability Reporting

Link: https://ifory.id/abstract/JKytGjfWHMTr

Corresponding Author
Purwanto Purwanto

Institutions
Faculty of Economics and Business UNJANI
Cimahi, Indonesia

Abstract
Abstract – Tax evasion is one of the problems existing in every country in this world, has a negative impact on a country-s economy; where the worth of tax evasion worldwide exceeds US $ 3.1 trillion or 5.1% of global gross domestic product. Tax evasion is classified as an illegal act, it is an attempt to avoid tax payable by violating tax laws. Indonesia is a country that includes the world top ten countries with the majority of illicit financial depletions, which is more than USD 109 billion; therefore, the Minister of Finance in the DJP-DJBC Synergy Program Kick Off (CNBC Indonesia, 2018) asked those two Directorates to synergize and consistently try to prevent tax evasion. Especially at DJBC for the last 6 years, 2013 - 2018, the average annual increase in the Number of Importers Conducting Tax Evasion was 55.48%; this becomes a research gap for in-depth study. The purpose of this research is to find out and analyze what factors influence the occurrence of tax evasion, especially at DJBC. This research uses a mixture of quantitative and qualitative methods; Structural Equation Modeling (SEM) is applied for quantitative method, meanwhile the qualitative method aims to deepen and confirm the variables studied. Primary data collection is conducted by distributing questionnaires to 135 respondents, consisting of Importers and Customs Consultants; besides that, triangulation is also conducted, which interviewed with several relevant officials at DJBC, observation, and documentation. The results of this research with t table = - 1982 is Customs Audit (CR = - 4,934), Self-Assessment System (CR = - 3,592), Information Technology (CR = - 5,348) and Possibility of Fraud Detection (CR = - 2,421) influenced significantly negative for Tax Evasion. Whereas two other independent variables namely Quality Service (CR = - 1.610) and Law Enforcement (CR = - 1,276) have no effect on Tax Evasion. The recommended and confirmed outcome from interviews and documentation is the consistent implementation of Customs Audit (including Joint Audit with DJP) and the more professional handling of Law Enforcement process, which is the preparation of documents and related evidence for this case.

Keywords
CA, SAS, IT, Possibility of Fraud Detection, Quality Service, Law Enforcement, Tax Evasion

Topic
Taxation

Link: https://ifory.id/abstract/8pvEunZq4KAV

Corresponding Author
Listya Ningrum

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia

Abstract
　　　　This study aims to examine the effect of Non Performing Loans (NPL), Loans to Deposit Ratio (LDR), Interest Rate Risk (IRR) and Operational Income Operating Expenses (BOPO) on Capital Adequacy Ratio (CAR) in banking companies listing on the Indonesia Stock Exchange (IDX). 　　　　This research is a quantitative research, which is measured using a panel data regression based method with eviews 10. The population of this study is the banking companies listed on the Indonesia Stock Exchange (BEI) in 2011 until 2018. The sampling is determined based on the purposive sampling method, with the number of samples is 29 banking companies so that the total observations in this study are 232 observations. The data used in this study are secondary data. Data collection techniques using the documentation method through the official website of IDX: www.idx.co.id. Hypothesis testing using t test. 　　　　 The results of the study prove that: Non Performing Loans (NPL) have a positive effect on Capital Adequacy Ratio (CAR), Loan to Deposit Ratio (LDR) have a positive effect on Capital Adequacy Ratio (CAR), Interest Rate Risk (IRR), have no effect on Capital Adequacy Ratio (CAR) , and Operating Expenses Operational Income (BOPO) have no effect on Capital Adequacy Ratio (CAR)

Keywords
Capital Adequacy Ratio (CAR),Non Performing Loan (NPL), Loan to Deposit Ratio (LDR), Interest Rate Risk (IRR) and Operational Expense to Operational Income (BOPO)

Topic
Management Accounting

Link: https://ifory.id/abstract/AEu2NrTKekWy

Corresponding Author
Rini Ratnaningsih

Institutions
Sekolah Tinggi Ilmu ekonomi Indonesia

Abstract
This study purposed to test, obtain empirical evidence whether there is an influence on the accounting professional ethics of accountants and religiosity on students perceptions of accountants unethical behavior. This research was conducted to observe at the relationship between professional ethics in accountants and religiosity towards students ethical perceptions, and to see whether professional ethics courses taken by students can form the ethical perceptions of students as prospective accountants. Ethical knowledge studied in college is expected to be able to influence students perceptions in assessing ethical and unethical behavior therefore whenever they work, both as corporate accountants and public accountants, they will not create similar mistakes that will doubted accountants credibility. This research uses a type of causality research with a quantitative approach. The population used in this study is all 2017 Indonesia College of Economics Bachelor of Accounting Students who already passed professional ethics and auditing subject. The sampling technique is based on proportional sampling with a sample size of 170 respondents. The data used in this study are primary data. The data analysis model used in this study is multiple linear regression analysis. The results of the research hypothesis prove that (1) Ethics education of the accountant profession influences students perceptions of the accountants unethical behavior. Students who have extensive knowledge of the ethical principles of the accounting profession will be more prudent and able to respond in the form of disapproval or refuse to ethical scandals that befall the accounting profession. (2) Religiosity influences students perceptions of the accountants unethical behavior. The higher a persons religiosity and obedience to religion teachings, the more ethical his behavior and attitude will be.

Keywords
Accountant professional ethics education, religiosity, student perceptions of accountants unethical actions

Topic
Auditing

Link: https://ifory.id/abstract/c9VNYRkZbTah

Corresponding Author
Nursanita Nasution

Institutions
a,b) Department of Accountancy, Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta
Jln. Kayu Jati Raya No.11 A, Rawamangun, Jakarta Timur
Jakarta, Indonesia
c) Department of Management
Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta
Jln. Kayu Jati Raya No.11 A, Rawamangun, Jakarta Timur
Jakarta, Indonesia

Abstract
The aims of this research to determine the effect of information asymmetry and corporate governance mechanisms that proxied by institutional ownership, managerial ownership, and audit commitee on the earnings management occured in companies listed in Jakarta Islamic Index over the period 2015-2018. This study used purposive sampling method. These samples contained in JII are 14 companies. The data is secondary data from financial statement, annual reports, and stock historical price that are accessed through the official website of IDX: http://www.idx.co.id. Data analyzed by using multiple linear regression that processed using software Eviews version 10. The result of this research concluded that (1) Information asymmetry has no effect on earnings management that information asymmetry is not a factor that encourages management to take opportunistic actions (2) Institutional ownership has negative effect on earnings management which indicates that greater ownership of shares owned by institutional parties does lead to greater oversight efforts to prevent earnings management (3) Managerial ownership has negative effect on earnings management which indicates that the greater shareholding owned by management does reduce management-s own actions in carrying out earnings management; (4) Audit committee has a positive effect on earnings management that the presence of the audit committee effectively prevents the improvement of earnings management in the company.

Keywords
Earnings Management; Asymetry information; Corporate Governance Mechanisms

Topic
Corporate Governance

Link: https://ifory.id/abstract/t2NwvM7jCdKT

Corresponding Author
CHINDY YOLANDA FARAMITHA

Institutions
SEKOLAH TINGGI ILMU EKONOMI INDONESIA JAKARTA

Abstract
ABSTRACT - This study aims to determine (1) Does business risk affect tax avoidance, (2) Does business risk affect leverage, (3) Does leverage affect tax avoidance, (4) Does business risk through leverage affect tax avoidance. This research was conducted at manufacturing companies listed on the Stock Exchange from 2013 to 2017. This research uses descriptive quantitative research using inferential methods. The population in this study were 116 manufacturing companies listed on the Stock Exchange, with the sample selected using a purposive sampling method, namely by determining the sample technique based on certain criteria or considerations. The sample of this study consisted of 18 manufacturing companies listed and active on the Indonesia Stock Exchange from 2013 to 2017, which included tax payment data, and had positive profits. This data analysis technique is path analysis because this method can analyze the pattern of causal relationships between variables with the aim to determine the direct and indirect effects, simultaneously or together and partially or independently of some causal variables on an effect variable. This research uses the Lisrel 8.8 program. The results of the study prove that (1) The positive influence of business risk on tax avoidance, (2) The positive effect of business risk on leverage, (3) The positive influence of leverage on tax avoidance, (4) The positive effect of business risk through leverage on tax avoidance that proved significant.

Keywords
business risk, tax avoidance, leverage

Topic
Taxation

Link: https://ifory.id/abstract/KRcJDeFUQ3gv

Corresponding Author
Eka Yulianto

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia, Jakarta Indonesia Jl. Kayu Jati I Gg. 1 No.11A, RT.8/RW.4, Rawamangun, Kec. Pulo Gadung, Kota Jakarta Timur, Daerah Khusus Ibukota Jakarta 13220

Abstract
Abstract – This study aims to determine the effect of characteristics companies against stock returns in industrial sector manufacturing companies and chemicals listed on the Indonesia Stock Exchange in the period 2013-2017. This study uses a sample of manufacturing sector companies Basic and hemical industries as many as 22 companies listed on the Stock Exchange Indonesia with a period of five years, namely 2013-2017 and the number 110 observation. This study uses secondary data with techniques data collection using the documentation method from the official website of the Exchange Indonesian and stock effects and analyzed using Eviews Software version 10 Based on the results of research that has been done to analyze Leverage has a negative but significant effect on Stock Return this indicates a negative DER impact on increasing interest costs tax saving with companies utilizing interest costs arising from its debt to minimize the tax burden which increases financial distress caused by one of them is the increasing interest on loans high so that it will hurt the economy and increase the value of inflation. Profitability has a significant positive effect on Stock Return . Profitability goes up, so dividend expection rises resulting in stock prices going up anyway. This will encourage an increase in share prices ultimately will increase the Return stocks. Total Assets Turn Over has negative but insignificant effect on Stock Return means an increase in sales is not followed by an adequate profitability so found a negative relationship but not significant

Keywords
DER, ROA,TATO and Stock Return

Topic
Management Accounting

Link: https://ifory.id/abstract/eJnCNF9LRQcD

Corresponding Author
Abdullah Shulthon

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia
Jakarta, Indonesia

Abstract
This research aims to examine the influence of company internal factors consisting of current ratio, return on assets, debt to equity ratio, earnings growth, and firm size affecting the dividend payout ratio on pharmaceutical companies listed on the Indonesia Stock Exchange (IDX). This research uses quantitative research, which is measured using a panel data regression method based on eviews10. The population of this study is pharmaceutical companies that are listed on the Indonesia Stock Exchange (IDX) in 2010-2017. Number of Samples 8 (eight) pharmaceutical companies, this study as many as 64 (sixty four) observations. Data collection techniques through documentation through the official website of IDX: www.idx.co.id. Hypothesis testing using t test. Based on the results of research that has been done to prove that, the companys internal factors of return on assets which have a positive influence on the dividend payout ratio. The results of this study mean return on assets has increased due to the net profit of pharmaceutical companies. While the debt to equity ratio has a negative effect on other possibilities, because the companys profit is prioritized to pay interest. While the current ratio, earnings growth, and firm size have no effect on the Dividend Payout Ratio. The results of this study, the larger the pharmaceutical company retained earnings to finance the needs of companies that are increasingly large so that the ratio of dividend payments of pharmaceutical companies decreases, but the value of the dividend may not decrease.

Keywords
Dividend Payout Ratio, current ratio, return on asset, debt to equity ratio, earning growth, and firm size

Topic
Auditing

Link: https://ifory.id/abstract/JZqbcyTht7rB

Corresponding Author
Meida Listiyana

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia, Jakarta

Abstract
This study aims to determine the effect of corporate governance proxied by the board of commissioners, audit committee and institutional ownership of tax avoidance behavior that occurs in manufacturing companies listed in Indonesia Stock Exchange. Tax avoidance in this study uses the residual method to obtain abnormal book tax difference variables which are regressed from non-discretionary items, namely the scale of investment in tangible and intangible fixed assets, economic growth, loss position and tax rate differences. The abnormal book tax difference residual value is obtained by categorizing manufacturing companies into several industry groups per year. Board of commissioners and audit committees are measured based on the characteristics of independence, activity, size and competence, institutional ownership is measured through the comparison of shares owned by institutions with outstanding shares. This study adds a control variable that is profitability proxied by return on assets, leverage and firm size. The research method used was panel data regression analysis using eviews 10. The sample was determined based on the purposive sampling method with the number of research samples obtained as many as 115 companies during the period 2014-2018. The results of this study indicate that: 1) the board of commissioners has no influence on tax avoidance behavior with a positive coefficient which means that when the effectiveness of the board of commissioners increases it will increase tax avoidance behavior, 2) the audit committee has a significant effect on tax avoidance behavior with a negative coefficient which means when the effectiveness of the audit committee increases it will reduce tax avoidance behavior, 3) institutional ownership has no effect on tax avoidance behavior with a negative coefficient which means when institutional ownership increases it will reduce tax avoidance behavior. The results of the control variable test show profitability affects the behavior of tax avoidance, leverage does not affect the behavior of tax avoidance and the size of the company does not affect the behavior of tax avoidance.

Keywords
Tax Avoidance, Corporate Governance, Boards of Commissioners, Audit Committee, Institutional Ownership, Profitability, Leverage, Company Size

Topic
Management Accounting

Link: https://ifory.id/abstract/LaqbuK9p6vVg

Corresponding Author
Icuk Rangga Bawono

Institutions
Universitas Soedirman1 ,Sekolah Tinggi Ilmu Ekonomi Indonesia2

Abstract
Using a manually collected sample of 49 corporate social responsibility (CSR) reports issued by Indonesian public companies, this study examines the relationship between the CSR performance and the readability of CSR reports. The study adopts Fog index to measure the readability of CSR reports and standards of GRI to measure CSR performance from economic, environmental and social perspectives. The results show an unsignificant relationship between CSR performance and the readability of CSR reports, indicating that companies in Indonesia are less to tend to obfuscate their narrative disclosures which is the main reason of doing the greenwash practice. This study helps investors more comprehensively evaluate the CSR information disclosed on CSR reports. Our results also point the phenomenon that happened in Indonesia that CSR both in quality and quantity improves from time to time.

Keywords
Readability, CSR, CSR Disclosure, Obfuscation Practice

Topic
Corporate Governance

Link: https://ifory.id/abstract/ENDh2uTtp8Ak

Corresponding Author
DAHLIFAH DAHLIFAH

Institutions
SEKOLAH TINGGI ILMU EKONOMI INDONESIA JAKARTA

Abstract
Abstract –This study aims to examine whether the effect of cross-Shariah supervisory board membership, the size of the Shariah supervisory board, and the size of the company on the disclosure of Shariah compliance in Islamic Banking in Indonesia in the period 2014-2018.This research uses descriptive research type of quantitative approach, which is measured using panel data regression method with Eviews. The population in this research are all sharia commercial banks registered and supervised by the Financial Services Authority in 2013 until 2017. The sample is taken by purposive sampling, based on the criteria of the total population of 13 sharia banks, only a few who meet the criteria that is amounted to 10 sharia banks. The data used in this study is secondary data obtained from the annual publication financial report published by sharia commercial banks from the official website of each bank. Period of data used during 2013 to 2017. Hypothesis testing using partial test, simultaneous test and test of coefficient of determination.The test results prove that partially the membership of the sharia supervisory board has no significant effect on sharia compliance disclosures. The size of the sharia supervisory board has a significant positive effect on sharia compliance disclosures. Company size has a significant positive effect on sharia compliance disclosures. While simultaneously showing that the cross membership of the sharia supervisory board, the size of the sharia supervisory board, and the size of the company together influence the disclosure of sharia compliance.

Keywords
Keywords: Sharia Supervisory Board, Company Size, and Sharia Compliance

Topic
Islamic Accounting

Link: https://ifory.id/abstract/6BcUgjuw84YP

Corresponding Author
MOCH RIDWAN

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia
Jakarta, Indonesia

Abstract
The aim of the study was to find out the effect of earnings management on the company-s values. This study uses a sample of mining companies as many as 17 companies listed on the Indonesia Stock Exchange with a period of five years, period 2014-2018 and a total sample of 85 companies. This study uses secondary data with data collection techniques using the documentation method from the official website of the Indonesia Stock Exchange https://www.idx.co.id/ and analyzed using Software Eviews version 10. The results of this study partially is that Earnings Management has an influence on Company Value, this indicates that earnings management practices are opportunistic. The profitability control variable does not affect the Company Value, this shows the higher the profit value does not affect the Company Value. Leverage has no effect on Company Value, the greater the debt does not affect the Company Value investors only see its utilization. Size has an influence on Company Value, good and efficient company management will affect Company Value

Keywords
Earning Management and Company-s Values

Topic
Financial Accounting

Link: https://ifory.id/abstract/KNd9etGchJjB

Corresponding Author
Flourien Nurul Chusnah

Institutions
SEKOLAH TINGGI ILMU EKONOMI INDONESIA

Abstract
This study aims to obtain empirical evidence of the influence of financial performance proxied by profitability, liquidity and capital structure to income smoothing practice. The population of this study covers property and real estate companies at Indonesia Stock Exchange on period 2014-2017. The indicators which are used to measure income smoothing practice was measured using eckel indeks. Mechanical sample selection using purposive sampling and acquired 32 companies that were included with period by 4 years in order to get the 128 samples was observed. Model data analysis in this research is logistic regression analysis with using software SPSS 22. From this study, the result of a combination of independent variables that are profitability, liquidity, capital structure and size of company as control variable, are able to explain the variation of the dependent variable is income smoothing practice for 22.10% and 77.90% the rest is explained by other factors were not involved in this model. The results also showed simultaneous independent variables that are profitability, liquidity, and capital structure are significantly influence income smoothing practice. From the test results obtained partial results showing variable profitability (ROE) with positive direction has significant effect to income smoothing practice, variable liquidity (CR) has not significant effect to income smoothing practice, and variable capital structure (DER) with positive direction has significant effect to income smoothing practice.

Keywords
Financial Performance, profitability, liquidity, capital structure, size of company, income smoothing

Topic
Financial Accounting

Link: https://ifory.id/abstract/NtHmMgf2uea9

Corresponding Author
krishna kamil

Institutions
STEI

Abstract
The purpose of the research was to explore the influence of Independence, Integrity, Professionalism and Professional Skepticism on the Accuracy of Giving Audit Opinion by Government auditors, in this case Audit Board of the Republic of Indonesia (BPK-RI). The research seeks to broaden empirical evidence on the relationship between the influence of Independence, Integrity, Professionalism and Professional Skepticism with respect to Accuracy of Giving Audit Opinion by BPK RI. The research using associative method approach. Data analysis using Partial Least Square (PLS) approach which is a model of Structural Equation Modeling (SEM) that is component or variant based. Data analysis methods consist of: (1) Outer Model Analysis, (2) Inner Model Analysis, and (3) Hypothesis Testing. Data were came from a convenient selected sample of 55 auditors spread in 3 (three) AKN (Government auditor).. The findings show that Independence has positive and significant influence on the accuracy of giving audit opinion by BPK-RI, Integrity has no significant effect on the accuracy of giving opinion by BPK-RI, Professionalism has positive and significant effect on the accuracy of giving audit opinion by BPK-RI, and Professional skepticism has no significant effect and negative on the accuracy of giving audit opinion by BPK-RI. KEYWORDS: Independence, Integrity, Professionalism, Professional Skepticism, Accuracy of Giving Audit Opinion.

Keywords
Independence, Integrity, Professionalism, Professional Skepticism, Accuracy of Audit Opinion.

Topic
Auditing

Link: https://ifory.id/abstract/u6Qm4zYUNAej

Corresponding Author
Diana Supriati

Institutions
SEKOLAH TINGGI ILMU EKONOMI INDONESIA1, UNIVERSITAS SOEDIRMAN2,SEKOLAH TINGGI ILMU EKONOMI INDONESIA3

Abstract
This study aims to examine whether the influence of information technology on accounting fraud and the effect of internal control on accounting fraud on employees who work at PT. Sugih Makmur Eka Industri Indonesia. This research uses purpose sampling method. The total sample of this research is 100 respondents which are related to all accounting activities, including internal control, and also those who work are supported by information technology in the company. Hypothesis testing in this study uses multiple linear regression analysis techniques with a statistical approach operated by SPSS Version 24. The results of this study indicate that 1) Information Technology Affects Accounting Fraud, and 2) Internal Control Affects Accounting Fraud.

Keywords
Information Technology, Internal Control, and Accounting Fraud

Topic
Information System

Link: https://ifory.id/abstract/mJjFarvKHWDN

Corresponding Author
Aulia Drajat

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia, Jakarta Indonesia

Abstract
This study aims to determine the effect of profitability, capital adequacy, liquidity risk, credit risk and systematic risk on banking shares return listed in the Indonesia Stock Exchange in the period of year 2012-2017. This study uses a sample of 22 banks listed on the Indonesia Stock Exchange over a period of six years, 2012-2017 with a number of 132 observation panel data. Data collection techniques using the method of documentation through the official site of the Indonesia Stock Exchange (IDX), namely www.idx.co.id, www.investing.com and www.yahoofinance.com. and other official web banking information sources and analyzed using Eviews software version 10. The results of the study concluded that the ROA ratio has a positive and significant effect on bank stock returns, which indicates that the profitability represented by the ROA ratio as a measure of bank performance is able to influence market or investor reactions. CAR ratio has a positive and significant effect on banking stock returns. LDR ratio has a negative but not significant effect on stock returns. The NPL ratio has a positive but not significant effect on stock returns. Stock Beta has a negative but not significant effect on stock returns.

Keywords
Stock Return, ROA, CAR, LDR, NPL and Beta Stock

Topic
Management Accounting

Link: https://ifory.id/abstract/DUynNWFVvMuG

Corresponding Author
Titi Aslah

Institutions
STEI INDONESIA

Abstract
This study aims to examine the effect of profitability, liquidity, asset structure, and company size on the capital structure of mining companies in the Indonesia Stock Exchange, in order to facilitate investors in investing. The research method used is a quantitative method using secondary data. The population in this study are coal mining companies listed on the Indonesia Stock Exchange from 2013-2017. The sample used was 18 companies using purposive sampling method, descriptive statistical data analysis techniques using Eviews Software. The results of this study indicate that profitability has no significant effect on capital structure, which is caused by the inability of the company to produce the maximum length of funds provided by shareholders, which means the companys financial performance is not good. Liquidity has a negative and significant effect on capital structure, where companies have abundant sources of funds, so companies are more likely to use internal funds to finance their investments. Asset structure has no positive effect but is not significant on capital structure, which means the higher the asset structure of a company the lower the companys ability to be able to guarantee long-term debt. The size of the company has a negative and significant effect on capital structure, which means that the larger the company, the greater the funds that will be issued both from their own capital and debt to maintain or develop the company.

Keywords
Key words: Profitability, liquiduty, asset structure, company size, and capital structure.

Topic
Financial Accounting

Link: https://ifory.id/abstract/QRu4XyqbVEwZ

Corresponding Author
sulistyowati sulis

Institutions
SEKOLAH TINGGI ILMU EKONOMI INDONESIA

Abstract
Abstract –This study aims to find empirical evidence of the effect of book-tax differences on earnings growth. Earnings growth is measured using changes in net profit after tax. The independent variables used in this study are temporary differences and permanent differences, while the dependent variable is earnings growth for the next period. The sample is determined based on the purpose sampling method of manufacturing companies listing on the Indonesia Stock Exchange in the 2014-2018 period with a total of 150 companies. The sample was determined based on the purposive sampling method, then the number of samples obtained in this study amounted to 39 companies, so that the total observation in this study was 195 observations. The data used in this study were secondary data, in the form of financial reports and annual reports downloaded via the official IDX website : www.idx.co.id. Data were analyzed using panel data regression analysis which was processed using Eviews software version 10.0. Hypothesis testing using statistical tests t. The results obtained are permanent variable differences from book-tax differences and temporary differences from book-tax differences do not affect earnings growth.

Keywords
Book tax differences, permanent differences, temporar differences and profit growth

Topic
Taxation

Link: https://ifory.id/abstract/ZHqPDFuEdYQL

Corresponding Author
Fajar Rachmanto

Institutions
Sekolah Tinggi Manajemen IPMI

Abstract
With the growing world of business, the competition between similiar companies getting tighter. To maintain the viability of a company, it is required a good management of resources conducted by the mangement. Working Capital (WC) management is very important for a company, especially the turn-overs of WC and Account Receivable (AR) due to the effect in measuring its profitbility. This research was conducted to re-examine the effect of the turn-overs of WC and AR on the profitability of PT. Merck Tbk, which has been carried out by previous researchers. The puposes of this research were to know: (1) the effect of account receivable turnover to company profitability, (2) the effect of working capital turnover to company, (3) the effect of account receivable turnover and working capitak turnover to company profitability. The research method used were financial ratio analysis, correlation coefficient test, coefficient of determination test and hypothesis test. The data used in this study was secondary data sourced from financial statement PT. Merck Tbk period of 2014-2018. The result based of the multiple linear regression tests showed that simultaneously the turn-overs of WC and AR significantly affected the profitability of the company, Fcount > Ftable or 321.810 > 9.55. Partially, AR turnover has negative effect on company profitability, with tcount < ttable or -23.927 < 4.303 and WC turnover has no effect on company profitability, with tcount < ttable or -1.011 < 4.303. Therefore, it can be agreed that the hypothesis H1 and H2 in this research were rejected, but the hypothesis H3 was acceptable.

Keywords
working capital turnover; account receivable turnover; profitability

Topic
Financial Accounting

Link: https://ifory.id/abstract/jtgCPvpkXRxm

Corresponding Author
AENIYATUL MUHAQIYAH

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia
Jakarta, Indonesia

Abstract
This study aims to examine the effect of derivatives, commitments and contingencies on bank risk with Capital Adequacy Statistics as a moderating variable on banking companies listed on the Indonesia Stock Exchange (IDX). This research is a quantitative study, measured using a panel data regression based method with eviews. The population of this study is the banking companies listed on the Indonesia Stock Exchange (IDX) in 2013-2018. The sample is determined based on the purposive sampling method, with a total sample of 32 banking companies so that a total of 192 observations. The data used in this study are secondary data. Data collection techniques using the documentation method through the official website of IDX: www.idx.co.id. Hypothesis testing using t test. The research proves that: (1) Derivatives have a negative effect on bank risk which means that derivatives are used by banks for hedging. (2) Commitment has a positive effect on bank risk which means that commitment to lending at certain interest rates increases dependence on interest rate volatility so the use of commitment will increase risk. (3) However, contingencies are proven to have no effect on bank risk because they are used as collateral (contingencies) as a direct substitute for credit so that the counterparty is less likely to commit violations, so this does not affect bank risk. (4) Capital Adequacy Statistics can prove to weaken the negative influence of derivatives on bank risk which means that CAR determined by banks is intended to stabilize bank risk so that CAR will weaken the risk reduction due to derivative transactions. (5) Capital Adequacy Ratio is also proven to be able to weaken the positive influence of commitments on bank risk which means that CAR is more functioning to stabilize risk ie when a committed transaction increases risk, CAR will weaken the increase in risk. (6) However, Capital Adequacy Ratios cannot prove to weaken the positive effect of contingencies on bank risk, which means that there is a balance between administrative activities (contingencies) and reserves carried out so that they are not exposed to risk.

Keywords
Off Balance Sheet, Derivatives, Commitments, Contingencies, Capital Adequacy Ratio, Bank Risk.

Topic
Management Accounting

Link: https://ifory.id/abstract/ZC4V7rxyRBgn

Corresponding Author
Rimi Gusliana Mais

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia

Abstract
This study aims to determine the development of the Salam contract, identify the factors that lead to less optimal application of the Salam contract on Islamic Banking, and later the best solution for the Islamic banking industry can be found in developing its Salam contract. This research applies a descriptive and exploratory approach.The object of this research is Bank Pembiayaan Rakyat Syariah Harta Insan Karimah and Bank Negara Indonesia Syariah. The subjects of the study consisted of three groups: 6 experts, 2 bankers and 9 farmers. The results showed that the development of Salam contract financing is currently not going well. There are several factors that cause the maximum lack of Salam contract application. In total there are 14 factors, but there are 5 factors that dominate. The first factor is the low understanding of the community towards Salam contracts, the second factor is the number of other financing alternatives, the third is the high risk of implementing Salam contracts, the fourth is there is no offer by banks, the fifth is the number of financing from informal institutions. Education and socialization are considered capable of being a solution as an initial step in the introduction of the Salam contract to the community, and innovation by academics is expected to make the Salam contract more applicable and attractive to farmers

Keywords
Salam Product, Bank Umum Syariah, Bank Pembiayaan Rakyat Syariah, the Factors which Caused.

Topic
Islamic Accounting

Link: https://ifory.id/abstract/7GUCan4gPZcb

Corresponding Author
Siti Almurni

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia (STEI)
Jalan Kayu Jati Raya No 11 A, Rawamangun, Jakarta Timur 13220, Indonesia
*siti_almurni[at]stei.ac.id

Abstract
This study is aimed to test the effect of Corporate Governance and Corporate Social Responsibility on Firm Value in manufacturing companies in the consumer goods industry sector is listed on the Indonesia Stock Exchange.This research uses a descriptive quantitative research approach, which is measured using a panel data-based method with Eviews software. The population in this study were manufacturing companies manufacturing consumer goods industry listed on the Indonesia Stock Exchange (BEI) in 2016 until 2018. The sample was determined based on purposive sampling method, with a total sample of 18 manufacturing companies manufacturing consumer goods industry sectors so that the total observation in the study this is as much as 54 observation. The data used in this study are secondary data. Data collection techniques using the method of documentation through the official website of IDX : www.idx.co.id. The results of the study prove that (1) Managerial Ownership has effect on Company Value. (2) Institutional ownership has effect on Company Value. (3) Committee Audit has no effect on Company Value. (4) Corporate Social Responsibility has effect on Company Value.

Keywords
Firm Value Managerial Ownership, Ownership Institutional, Committee Audit, Corporate Social Responsibility.

Topic
Financial Accounting

Link: https://ifory.id/abstract/N2xHAJ6KfgTk

Corresponding Author
Ari Sarah Sofura

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia, Jakarta, Indonesia sarahsofura[at]gmail.com (a*), Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta, Indonesia Imvanisa[at]gmail.com (b) Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta Jakarta, Indonesia Iman.suriawinata[at]stei.ac.id (c),

Abstract
This study aims to determine the effect of earnings management, corporate governance and company size partially on firm value with corporate governance as moderating. This study uses a sample of manufacturing companies in the basic industry and chemical sectors as many as 27 companies listed on the Indonesia Stock Exchange with a period of five years, namely 2013-2017 and a total sample of 135 companies. This study uses secondary data with data collection techniques using the documentation method from the official website of the Indonesia Stock Exchange and stock-ok and analyzed using Software Eviews version 10. The results of this study partially are earnings management has an influence on firm value, corporate governance has an influence on firm value, company size has an influence on firm value and corporate governance has a negative effect as a moderating between earnings management and company size on firm value.

Keywords
Tobin-s Q, DA, CG, Size

Topic
Financial Accounting

Link: https://ifory.id/abstract/EcqaHVZx4fuR

Corresponding Author
Kus Tri Andyarini

Institutions
a) Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta

Abstract
This study aims at examining the influence of ethics, current information, and organizational culture on taking the ethical decision by tax consultants. The research method used is the quantitative method. The data collection technique used is mail survey. The mail survey was conducted by sending a letter to the tax consultants registered at the North Jakarta Indonesian Tax Consultants Association. The research analysis uses Multiple Linear Regression. The results showed that ethics significantly influence ethical decision making by tax consultants, but current information and organizational culture has been proven not to have a significant influence on ethical decision making by tax consultants.

Keywords
Ethics, Current Information, Organizational Culture, and Taking the Ethical Decision

Topic
Taxation

Link: https://ifory.id/abstract/9uhUt4xqmJfD

Corresponding Author
Erni Rohmawati

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia

Abstract
The purpose of this study was to determine whether the company-s financial performance mediates the relationship between corporate social responsibility (CSR) on firm value. The research was conducted by taking a sample of 8 companies listed in Indonesia Stock Exchange 2013-2017 for food and beverage sector company. Sampling was done by purposive sampling method. The analysis technique used is regression of panel data. Based on the analysis found that the financial performance variable is not significant to firm value, only CSR is related to firm value.

Keywords
financial performance, corporate social responsibility, firm value

Topic
Accounting Education

Link: https://ifory.id/abstract/qrFw89vUzmcW

Corresponding Author
Suparno Suparno

Institutions
STEI : Sekolah Tinggi Ilmu Ekonomi Indonesia - MAKSI

Abstract
This study aims to partially examine (1) the effect of investment opportunitty, debt policy, profitability on dividend policy and (2) the effect of investment opportunitty, debt policy, profitability and dividend policy on firm value. Technical analysis uses panel regression common effect data, fixed effects and random effects on 110 manufacturing sector companies listed on the Indonesia efek Exchange for the period 2011-2018, and processed with e-views software version 8.0, after formulating a corporate value model in which dividend policy is intervning variable. The results of the chow and the Hausman test, a regression model that is suitable for expressing the relationship of the factors that determine dividend payments or company value in the form of a fixed effect panel data regression. Furthermore, the results obtained (1) Investment Opportunities (MBVA) negatively affect dividend payments, (2) Debt Policy (DER) negatively affect dividend payments, (3) Profitability (ROE) has a positive effect on dividend payments, (4) Investment Opportunitty ( MBVA) has a positive effect on Firm Value, (5) Debt Policy (DER) has a positive effect on Firm Value, (6) Profitability (ROE) has a positive effect on Firm Falue, (7) Dividend Policy (DPR) has a positive effect on Firm Value.

Keywords
Investment opportunitty, Debt Policy, Profitability, Dividend Policy and Firm Value

Topic
Auditing

Link: https://ifory.id/abstract/6wtYuy4B39DG

Corresponding Author
Rony Marthin Sitohang

Institutions
STEI Indonesia Jakarta

Abstract
Abstract – This study discusses the possible influence of liquidity ratio, leverage ratio, activity ratio and profitability ratio on stock return of mining coal company listed in the Indonesia Stock Exchange (IDX). This research uses coparative research, which uses multiple linear regression-based methods with Eviews 11. The population of this research is mining coal companies listed in the Indonesia Stock Exchange (BEI) in 2013 up to 2017. The research sample uses the purpose sampling method with a sample size of 19 mining coal companies so that the total observation in this study was 95 observations. The data used in this study include secondary data. Data collection techniques using documentation methods through the official website of IDX: www.idx.co.id, www.investing.com and www.sahamok.com. test hypotheses using the t test. The results of the study prove that CR, DER and ROA was approved for the stock return of mining coal companies listed on the IDX for the 2013-2017 period. While TATO were not approved for the stock return of mining coal companies listed on the Indonesia Stock Exchange in the 2013-2017 period.

Keywords
Return Saham (RS), Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Return on Asset (ROA)

Topic
Management Accounting

Link: https://ifory.id/abstract/j7LmDHxfn4XY

Corresponding Author
ONO TARSONO

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia
Jalan Kayu Jati Raya Nomor 11 A Rawamangun
Jakarta, Indonesia

Abstract
Abstract - The objective of this research was to examine and analyze the influence of Net Premium Growth, Claim Ratio and Risk Based Capital affect the Financial Performance of Life Insurance Companies. The study population was insurance companies listed on the Indonesia Stock Exchange from 2014 to 2018. The sample used in this study were 17 life insurance companies. The statistical tool in this study is Eviews 11. Net Premium Growth and claim ratio do not significantly influence financial performance. Risk Based Capital has a negative effect on the financial performance of life insurance, namely ROA. Simultaneously the three ratios of Net Premium Growth, Claim Ratio, and Risk Based Capital affect the financial performance of life insurance companies that are proxied by ROA. The implication of this research is that life insurance companies are expected to be able to maintain the stability of premium growth every year to be above the normal limit of 23%

Keywords
Net Premium Growth, Risk-Based Claims and Capital Ratios on Financial Performance

Topic
Financial Accounting

Link: https://ifory.id/abstract/ngVC6zLjyxBD

Corresponding Author
Paulus Sugito

Institutions
Sekolah Tinggi Ilmu Ekonomi Indonesia
(Magister of Accounting)

Abstract
This study aims to analyze the effect of profitability on stock returns with inflation as a moderating variable. The variables tested in this research are profitability proxy for Return On Assets (ROA), Return On Equity (ROE) and Net Profit Margin (NPM), inflation and stock returns. The sample of this research uses 12 automotive companies and automotive components that consistently published financial statements in the Indonesia Stock Exchange period 2013-2017. Samples were taken by purposive sampling method which is a method of samples based on certain criteria. These variables analyzed using panel data regression. In this study, testing hypotheses used the t test, F test and regression used Moderated Regression Analysis (MRA). Panel data regression results showed Adjusted R-squared of 0.153836, which means that the magnitude of the influence of the independent variable moderated by inflation on the dependent variable that can be explained by this equation model is 15.38%. While the remaining 84.62% is influenced by other factors not taken into account in this regression model. The conclusions of this research show that ROA has a significant positive effect on stock returns, ROE has a negative effect on stock returns, NPM has no effect on stock returns, ROA moderated by inflation has a negative effect on stock returns, ROE moderated by inflation has a significant positive effect on stock returns, and NPM moderated by inflation does not affect stock returns.

Keywords
Profitability, ROA, ROE, NPM, inflation and stock returns

Topic
Auditing

Link: https://ifory.id/abstract/qtPGpHWudf8X