UJI EMPIRIS MODEL KESUKSESAN SISTEM INFORMASI KEUANGAN DAERAH (SIKD) DALAM RANGKA PENINGKATAN TRANSPARASI DAN AKUNTABILITAS KEUANGAN DAERAH

UJI EMPIRIS MODEL KESUKSESAN SISTEM INFORMASI KEUANGAN DAERAH (SIKD) DALAM RANGKA PENINGKATAN TRANSPARASI DAN AKUNTABILITAS KEUANGAN DAERAH

Imam Mulyono

Politeknik Negeri Malang

imam_mulyono76@yahoo.com

ABSTRACT

The DeLone and McLean model of information system success has much adopted by information researchers to test information success model. This study is purposed to adopt DeLone and McLean model to test the relationship of antecedents (system quality, information quality), and the consequences (individual impact and organizational impact) of the information success (user satisfaction, intended to use). There were 130 respondent participated (treasurer of SKPD and SKPKD in Malang and Batu Cities at East Java Province in this study. Data were collected by surveys and analyzed by Structural Equation Model. The results show that of the nine hypothesized relationships tested, all hypothesized were found to be significant.

Key words: information success, individual impact, organizational impact, system quality, information quality. user satisfaction and intended to use

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STUDI TENTANG HUBUNGAN SISTEM PENGUKURAN KINERJA STRATEGI INTEGRATIVE, PENYELARASAN STRATEGI MANUFAKTUR, PEMBELAJARAN ORGANISASIONAL DAN HASIL AKHIR STRATEGI (Penelitian Empiris pada Manajer Perusahaan Industri Manufaktur di Banten)

STUDI TENTANG HUBUNGAN SISTEM PENGUKURAN KINERJA STRATEGI INTEGRATIVE, PENYELARASAN STRATEGI MANUFAKTUR, PEMBELAJARAN ORGANISASIONAL DAN HASIL AKHIR STRATEGI

(Penelitian Empiris pada Manajer Perusahaan Industri Manufaktur di Banten)

Lili Sugeng Wiyantoro

Ayu Noorida Soerono

Munawar Muchlis

Tubagus Ismail

(Universitas Sultan Ageng Tirtayasa)

ABSTRACT

This research aims to test empirically the relationship integrative strategic performance measurement systems (SPMS), strategic alignment of manufacturing, organizational learning, and strategic outcomes. Data were collected from 560 managers of manufacturing companies in Banten with random sampling. The hypothesis was analyzed using Structural Equation Model (SEM) with the Program SmartPLS (Partial Least Square). The result indicate that there is a positive relationship between integrative SPMS and competitive outcomes associated with both product differentiation and low cost-prices strategies, there is a negative relationship between the strategic alignment of manufacturing and competitive outcomes associated with both product differentiation and low costprice strategies, there is a positive relationship between integrative SPMS and strategic alignment of manufacturing, there is a positive relationship between organizational learning and competitive outcomes associated with product differentiation but organizational learning have a negative relationship with low cost-prices strategies have a negative relationship, and there is a positive relationship between integrative SPMS and organizational learning.

Key words: Integrative Strategic Performance Measurement Systems, Strategic Alignment of Manufacturing, Organizational Learning, Strategic Outcomes, Balance Scorecard

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STUDI KEBUTUHAN INFORMASI PENGGUNA LAPORAN KEUANGAN PEMERINTAH

STUDI KEBUTUHAN INFORMASI PENGGUNA LAPORAN KEUANGAN PEMERINTAH

Rr. Sri Pancawati Martiningsih

Jurusan Akuntansi Fakultas Ekonomi Universitas Mataram

ABSTRACT

The aim of this research is to identify the user information needs of the governmental financial reports and the suitability between the rules of the governmental financial reports and user needs of the governmental financial reports. Respondents in this research are the society as one of the main user groups of the governmental financial reports. The respondents are 457 people from 10 provinces in Indonesia.

Data are collected by a survey method. Questionnaires are distributed by both directly and mail. The statistic method used in testing the hypothesis is one sample t-test. Comparison between the rules of the governmental financial reports and the user

information needs of the governmental financial reports is done by using content analysis. An additional analysis is conducted in order to know the influences of respondents’ characteristics towards the user information needs of the governmental financial reports by using Multivariate Analysis of Variance (MANOVA).

The result indicates that the financial information, the compliance to the rules, performance, planning and budgeting, and narrative information are strongly needed in the governmental financial reports. The information about the economic condition is less needed in the governmental financial reports. Having been compared with the rules of the governmental financial reporting in The Government Regulation No. 24, 2005 (Government’s Standard of Accounting) and The Regulation of the Minister of Domestic

Affairs No. 13, 2006, the rules of the governmental financial reporting did not completely

accordance with the user needs. Meanwhile, the MANOVA result indicates that the characteristics of respondents, i. e. the education level (senior high school, diploma, undergraduate and graduate) and the education background (accounting and nonaccounting) significantly influence the user information needs of the governmental financial reports.

Key words: user information needs of the governmental financial reports, financial information, the compliance to the rules, performance, planning and budgeting, and narrative information

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PERSEPSI WAJIB PAJAK TERHADAP SUNSET POLICY

PERSEPSI WAJIB PAJAK TERHADAP SUNSET POLICY

WAWAN HERMANSYAH 1

TARJO *

NURUL HERAWATI *

ABSTRACT

The major purpose of this study is to analyze the effect of taxpayers perception on sunset policy. Research design is survey research using quesionaire as instrument. The respondents of the study are civil service who have at classification IIIa to IVe. The research population was 27.007 taxpayers in hospital, Bangkalan of government, college, elementary school, junior high school, and senior high school. The research sample was 397 taxpayers. The data was analyzed using structural equation modeling (SEM) with AMOS version 5.0.

The finding of this study show that, the effect of: (1) knowledge taxpayers on name intention is positive and significant, (2) knowledge taxpayers on quality is intention positive and significant, (3) knowledge taxpayers on sacrifice is intention positive and significant, (4) name on taxpayers perception is intention positive and significant, (5) quality on taxpayers perception is intention positive and significant, (6) sacrifice on taxpayers perception is intention negatif and not significant, (7) knowledge on perception by name is intention, (8) knowledge on perception by quality is intention, (9) knowledge on perception by sacrifice is intention.

Key Words: taxpayers perception, sunset policy, name, quality, and sacrifice.

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SEMIOTIKA LABA AKUNTANSI: STUDI KRITIKAL-POSMODERNIS DERRIDEAN

SEMIOTIKA LABA AKUNTANSI: STUDI KRITIKAL-POSMODERNIS DERRIDEAN

AKHMAD RIDUWAN

Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya

IWAN TRIYUWONO, GUGUS IRIANTO, UNTI LUDIGDO

Fakultas Ekonomi Universitas Brawijaya Malang

ABSTRACT

The main aims of the research are (a) to understand the interpretation of accounting earnings by accountants and non-accountants; and (b) to perform a deconstructively semiotics-reading about the text related with their interpretations of accounting earnings. This research is performed based on criticalpostmodern approach, with accountants and non-accountants as an informant. The semiotics reading and analysis are performed in three levels, that are micro level structural-semiotics, macro level structuralsemiotics, and decostructive-semiotics.

The analysis in the micro level structural semiotics gives the understanding that interpretation of accounting earnings (as a signifier) by accountants and non-accountants do not refer to the same referential reality (as a signified). The analysis in the macro level structural semiotics expresses realities that (a) accounting principles are not “generally accepted”; (b) accounting practices are hegemonical; (c) accounting practices are “ritually” performed based on the false consciousness; and (d) accounting earnings do not have information contents. Then, based on the Jacques Derrida’s philosophy, deconstructive semiotics analysis expresses some realities that are (a) accounting earnings are traces, either the trace as a history of text or as an experience and interest of interpreter; (b) nothing outside the text of accounting earnings because the meanings of accounting earnings are intertextual, accounting earnings are the result of simulation only, and the meanings of accounting earnings do not exceed the experience and interest of interpreter; (c) accounting earnings are the metaphysics of presence, in the means of “being” and “presence” through the process called “becoming”, representation of “the being of beings” realities, so that accounting earnings are illusion ended to reification; (d) accounting earnings are the product of logocentrism, that is ratio as a centre of truth, so that accounting idealism in earnings determination is more conspicuous than pragmatism.

The implications of the analysis result above are (a) the presentation of income statements ought to be disclose earnings information according to the frame of pragmatic interpretation; (b) the reporting of earnings information should not be conspicuous the idealism only, because the end users of earnings information are those who live in pragmatic habitus. (c) accounting idealism ougth to limits the implementation of accrual-based accounting to real transactions or events, or reduce its implementation to ideal or conceptual transactions.

Key-words: Accounting Earnings, Structural-Semiotics, Deconstructive-Semiotics, Logocentrism, Idealism, Pragmatism, Jacques Derrida.

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Refleksi kinerja manajemen perbankan syariah dalam perspektif amanah sebuah study fenomenologis

MODEL OHLSON (1995) DAN PREDIKSI RETURN

Dewa Gede Wirama

(Universitas Udayana)

ABSTRACT

This research reexamines the ability of Ohlson (1995) valuation model in predicting stock return. Empirical specifications of the model in previous researches violate the model assumptions regarding the nature of model’s parameters, discount factor, and the clean surplus relation. Those violations undermine the validity of the researches’ conclusions regarding the model.

Two portfolios are formed based on the ratio between stock values as calculated

by Ohlson Model and market prices, both in relative and absolute terms. In relative term, stocks with relatively high ratio are considered to be undervalued and therefore command a higher return, and vice versa. In absolute term, a stock is considered to be undervalued if the ratio is greater than one.

Return prediction is based on a buy-and-hold strategy for one to eight years investment periods. Using a sample of 96 companies listed in the Indonesian Stock Exchange, providing a total of 768 firm-year observations, it is found the Ohlson Model can predict return only in relative term but not in absolute term. Consequently, an investor who wishes to utilize the model in forming stock portfolio must calculated the value of each company listed in the stock market, and buy those stocks that are relatively undervalued compared to the overall market valuation.

Key words: Ohlson valuation model, stock portfolio, return.

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PSAK NO. 5 (REVISI): FAKTOR YANG MEMPENGARUHI PENGUNGKAPAN DAN DAMPAKNYA TERHADAP FORWARD EARNING RESPONSE COEFFICIENT (FERC)

PSAK NO. 5 (REVISI): FAKTOR YANG MEMPENGARUHI PENGUNGKAPAN DAN DAMPAKNYA TERHADAP FORWARD EARNING RESPONSE COEFFICIENT (FERC)

Fitriany SE, Msi, Ak.

Sandra Aulia

(Fakultas Ekonomi Universitas Indonesia)

Abstract

PSAK 5 (revised) on segment reporting have been enacted in Indonesia since January 2, 2002. Prior to this PSAK, segment information of a company and its subsidiary are presented only by the grouping of business segments. Under the PSAK revisions, presentation of segment information becomes more complicated where the company should present segment information in the forms of primary and secondary. This study aims to determine the factors that influence the number of segments disclosed by a firm related to the issuance of PSAK 5 (revision). In addition, this study is also to investigate as to whether the adoption of PSAK 5 (revision) is able to increase the market ability to predict the firms’ future earning, as reflected in the forward earning response coefficient (FERC). The FERC is the association between current-year returns and nextyear earnings (stock price informativeness).

This study uses financial statement data of listed manufacturing companies in the

Indonesian Stock Exchange where the PRE period is 2000-2001 and POST period is 2003-2004. This study found empirical evidence that the factors influencing the number

of segments disclosure are size, complexity and competition. The study also proved that

incremental effect occurs on FERC by increasing the number of segments disclosed in

the POST period. In short, the application of PSAK 5 (revised) can increase the market’s ability to predict firms’ future earning. This is consistent with the purpose of applying PSAK 5 (revision) which is to help investors better understand the performance of a company and better assess the net cash flow of the future of a company.

Keywords: PSAK No. 5 (Revised 2000); Disclosure Of Segment; Forward Earning Response Coefficient.

Abstrak

Sejak 1 Januari 2002, PSAK 5 (revisi) tentang pelaporan segmen mulai diterapkan di Indonesia. Sebelumnya informasi segmen perusahaan dan anak perusahaan hanya disajikan menurut pengelompokan segmen usaha saja, dengan PSAK revisi tersebut penyajian informasi segmen menjadi lebih rumit dimana perusahaan harus menyajikan informasi segmen dalam bentuk primer dan sekunder. Penelitian ini bertujuan untuk mengetahui faktor-faktor yang mempengaruhi jumlah segmen yang diungkapkan suatu perusahaan sehubungan dengan dikeluarkannya PSAK 5 (revisi) tersebut. Selain itu penelitian ini juga ingin menguji apakah penerapan PSAK revisi tersebut dapat meningkatkan kemampuan pasar untuk memprediksi laba masa yang akan datang yang tercermin dalam forward earnings response coefficient (FERC). FERC adalah hubungan antara return tahun ini dengan earnings tahun depan yang menunjukkan stock price informativeness.

Penelitian ini menggunakan data laporan keuangan perusahaan manufaktur yang terdaftar di BEI dimana tahun 2000-2001 sebagai PRE period dan 2003-2004 sebagai POST period. Penelitian ini menemukan bukti empiris bahwa faktor-faktor yang

mempengaruhi jumlah segmen yang diungkapkan adalah ukuran perusahaan, kompleksitas dan persaingan. Penelitian ini juga berhasil membuktikan bahwa terjadi incremental effect pada FERC akibat peningkatan jumlah segmen yang diungkapkan pada post period. Sehingga dapat dikatakan bahwa penerapan PSAK 5 (revisi) dapat meningkatkan kemampuan pasar untuk memprediksi laba masa yang akan dating perusahaan. Hal ini sesuai dengan tujuan penerapan PSAK 5 (revisi) yaitu untuk membantu investor memahami lebih baik kinerja suatu perusahaan, memprediksi arus kas dan laba masa depan suatu perusahaan.

Kata kunci: PSAK No. 5 (Revisi 2000); Pengungkapan Segmen; Forward Earning Respon Coefficient.

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REFLEKSI KINERJA MANAJEMEN PERBANKAN SYARIAH DALAM PERSPEKTIF AMANAH: SEBUAH STUDI FENOMENOLOGIS

REFLEKSI KINERJA MANAJEMEN PERBANKAN SYARIAH DALAM PERSPEKTIF AMANAH: SEBUAH STUDI FENOMENOLOGIS

Niswatin

Universitas Negeri Gorontalo

Rosidi

Universitas Brawijaya

Gugus Irianto

Universitas Brawijaya

ABSTRACT

The objective of research seems to understand the performance of syariah banking management at Muamalat Bank of Gorontalo Branch through amanah perspective. Research evolves within smaller management context, especially in the syariah banking branch management. Therefore, Muamalat Bank of Gorontalo Branch becomes a research object.

Withstanding this objective, research employs interpretive-qualitative method with phenomenological approach to explore the problem and reality. Data types involve primary data collected from words and attitudes, and secondary data emanated from archive-based documentation and financial statement. Data collection techniques include interview, activity observation, and documentary review.

Result of research indicates the synthesis of the understanding of the performance of syariah banking management being as the empirical finding with four understandings, especially related to the establishment of profit, ukhuwah (kinship), trust and compliance to ethic of syariah. Considering this understanding, while analyzed through amanah perspective, hence syariah banking management bears on three types of amanah. First, it stands for the profit-oriented business organization to interest of shareholder and creditor. It has a responsibility to central management and capital provider. Second, it remains as the social organization. It does not reflect purely the social organization with merely public service as the core business, because it also gives organizational contribution to management’s social responsibility in the development and empowerment of employee, other community and wider society. Finally, it represents as spiritual organization seen through the managerial awareness to grow and develop the spirituality of employee, customer, wider society and syariah demand. It may be explained that these three types of amanah of managerial performance only concern with syariah-based spirituality.

Keywords: managerial performance, syariah banking, and amanah

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SIMULTANITAS AKTIVISME INSTITUSIONAL, STRUKTUR KEPEMILIKAN, KEBIJAKAN DIVIDEN DAN UTANG DALAM MENGURANGI KONFLIK KEAGENAN (Studi Empiris pada Perusahaan Go Publik di Indonesia)

SIMULTANITAS AKTIVISME INSTITUSIONAL, STRUKTUR KEPEMILIKAN, KEBIJAKAN DIVIDEN DAN UTANG DALAM MENGURANGI KONFLIK KEAGENAN

(Studi Empiris pada Perusahaan Go Publik di Indonesia)

DR. MURSALIM, SE., MSi., Akt.

Universitas Muslim Indonesia (UMI) Makassar

This study investigated the simultaneaity of five financial variables that are hypothesized to agency problem. It builds a model showing that institution activism, institutional and managerial ownership, dividend and debt policy are determined simultaneously as each of the variables is hypothesized to decrease agency problem. Furthermore, the research is aimed at examining the effect of institution activism, ownership structure by institutional and managerial ownership on the financing decisions by dividend and debt policy.

The research tested hypotheses by using Hausman’s specification test and two-stage least squares test. Hypotheses testing was conducted by using research sample of 70 manufacture company the registered in the Indonesia Stock ExcHange during the years of 2000-2006. The samples determined by using a purposive sampling method. The research tested one hypotheses by Hausman’s specification test and the research result shows that institution activism, institutional and managerial ownership, dividend and debt policy are determined simultaneously to decrease agency problem.

The research tested other hypotheses by two-stage least squares test. The research results shows that institutional ownership has a significant affects on the dividend and negative significant affects on the debt policy. Further results, that institution activism has a significant affects on the debt policy and institutional ownership, and that managerial ownership negative significant affects on the institution activism. Other result, that relationship a substitute between the institutional and managerial ownership.

On the contrary, result shows that institution activism do not have a significant affects on the dividend policy, and the managerial ownership do not have a significant affects on the dividend and debt policy. Finally, this study shows that dividend policy do not have a significant affects on the debt policy.

Keywords : agency problem, institutional activism, institutional and managerial ownership, dividend and debt policy.

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PERBANDINGAN INDIKATOR KINERJA KEUANGAN PEMERINTAH PROPINSI SE-SUMATERA BAGIAN SELATAN1)

PERBANDINGAN INDIKATOR KINERJA KEUANGAN PEMERINTAH PROPINSI SE-SUMATERA BAGIAN SELATAN1)

Heny Susantih2)

Yulia Saftiana

(Program Pasca Sarjana Universitas Sriwijaya)

ABSTRACT

This research aimed to know comparation indicators financial performance of The Government of The South Sumatera Interregional Province and based on local finance capability indicators, effectiveness and activity of Pemda’s financial on five provinces on South Sumatera Interregional Province. The data is used in this research was secondary data from 2004 until 2007 on five provinces on South Sumatera Interregional Province. The technique that used to analysis in this research is local finance capability, effectiveness analysis, activity analysis local finance and Kolmogorof Smirnov Test. The analysis result showed that financial performance at Lampung Province has the highest rank (63,81 percent) and Bengkulu Province has the lowest rank (49,22 percent). The analysis result local finance capability and finance effectiveness of Pemda’s financial showed that Lampung Province has the highest rank (50.11 percent) for capability. It’s (132,17 percent) for local finance effectiveness. Next the analysis result activity of local finance showed that South Sumatera Province has the highest public service ratio score (40,52 percent). Meanwhile the result of Kolmogorof Smirnov Test showed that was asymp sig score 0,859. That’s mean there was not significance differences of financial performance of local government on five provinces at South Sumatera Regional.

(Key words : Financial Performance, capability, effectiveness and activity of Pemda’s financial)

ABSTRAK

Penelitian ini bertujuan untuk mengetahui perbandingan indikator kinerja keuangan Pemerintah Propinsi Se-Sumatera Bagian Selatan dan mengetahui apakah terdapat perbedaan evaluasi kinerja keuangan Propinsi se-Sumatera Bagian Selatan berdasarkan indikator kemandirian, efektifitas dan aktifitas keuangan daerah pada lima propinsi se-Sumatera Bagian Selatan. Data yang digunakan pada penelitian ini merupakan data sekunder yaitu Laporan Keuangan Daerah dari tahun 2004 sampai dengan tahun 2007 pada lima propinsi se-Sumatera Bagian Selatan. Teknik analisis yang digunakan dalam penelitian ini adalah analisis kemandirian keuangan daerah, analisis efektifitas keuangan daerah dan analisis aktivitas keuangan daerah serta uji beda Kolmogorof smirnov. Hasil analisis menunjukkan bahwa kinerja keuangan daerah Propinsi Lampung memiliki peringkat tertinggi yaitu 63,81 persen dan Propinsi Bengkulu memiliki peringkat terendah yaitu 49,22 persen. Hasil analisis kemandirian dan efektifitas keuangan daerah menunjukkan bahwa Propinsi Lampung memiliki peringkat tertinggi yaitu 50,11 persen untuk kemandirian dan 132,17 persen untuk efektifitas keuangan daerah. Selanjutnya hasil analisis aktifitas keuangan daerah menunjukkan bahwa Propinsi Sumatera Selatan memiliki nilai rasio belanja aparatur daerah terendah yaitu 32,43 persen dan nilai rasio pelayanan publik tertinggi yaitu 40,52 persen. Sementara itu, hasil uji beda Kolmogorof Smirnov menunjukkan nilai asymp sig sebesar 0,859, hal ini berarti bahwa tidak ada perbedaan yang signifikan kinerja keuangan pemerintah daerah pada lima Propinsi se-Sumatera Bagian Selatan.

(Kata Kunci : Kinerja Keuangan, Kemandirian, Efektifitas, Aktifitas Keuangan Daerah)

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RETORIKA DALAM PELAPORAN CORPORATE SOCIAL RESPONSIBILITY: ANALISIS SEMIOTIK ATAS SUSTAINABILITY REPORTING PT ANEKA TAMBANG Tbk

RETORIKA DALAM PELAPORAN CORPORATE SOCIAL RESPONSIBILITY: ANALISIS SEMIOTIK ATAS SUSTAINABILITY REPORTING PT ANEKA TAMBANG Tbk

Anis Chariri

Firman Aji Nugroho

Fakultas Ekonomi Universitas Diponegoro

ABSTRACT

This research is aimed to understand corporate social (CSR) responsibility reporting of a company by answering research questions: how and why the company designed such report to build corporate image. Ontologically, this study is build on a belief that CSR reporting is a communication medium used by a company to build image and to gain legitimacy. This research was carried out within intepretive paradigm using semiotic approach. By employing semiotic analysis, this research showed that corporate social responsibility reporting has been designed by the company as a rethorical story to build a positive image that the company is concerned with social and environmental issues. By doing so, the company actively seeks reporting strategies to gain legitimacy from its stakeholders.

Keywords: corporate social responsibility, sustainability reporting, semiotic, rhetorics.

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PENGARUH TINGKAT KEPATUHAN WAJIB PAJAK BADAN TERHADAP PENINGKATAN PENERIMAAN PAJAK YANG DIMODERASI OLEH PEMERIKSAAN PAJAK PADA KPP PRATAMA

PENGARUH TINGKAT KEPATUHAN WAJIB PAJAK BADAN TERHADAP PENINGKATAN PENERIMAAN PAJAK YANG DIMODERASI OLEH PEMERIKSAAN PAJAK PADA KPP PRATAMA

Asri Fika Agusti

Vinola Herawaty

Abstract

This research intends to know whether the corporate tax payer compliance level had a influence toward increase of tax revenues, investigate the influence between tax audit toward increase of tax revenues, and investigate how the influence between the corporate tax payer compliance level and increase of tax revenues with moderated by tax audit. This research using the primary data obtained from Kantor Pelayanan Pajak Pratama Jakarta Grogol Petamburan, for the year of 2006 and 2007. This research used multiple regression.

This research proved that there’s a significant positive influence between the corporate tax payer compliance level and increase of tax revenues. There’s an unsignificant negative influence between the tax audit and increase of tax revenues. The influence between the corporate tax payer compliance level and increase of tax revenues is significantly weakened by tax audit.

Keywords : The corporate tax payer compliance level, Tax audit, Increase of tax revenues.

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PERAN AUDITOR SPESIALIS INDUSTRI DALAM MENGURANGI MANAGEMEN LABA AKRUAL DAN MANAGEMEN LABA REAL PADA PERIODA SEBELUM DAN SETELAH KEPUTUSAN MENTERI KEUANGAN NO.423/KMK.06/2002

PERAN AUDITOR SPESIALIS INDUSTRI DALAM MENGURANGI MANAGEMEN LABA AKRUAL DAN MANAGEMEN LABA REAL PADA PERIODA SEBELUM DAN SETELAH KEPUTUSAN MENTERI KEUANGAN NO.423/KMK.06/2002

Yeni Januarsi

(FE Universitas Sultan Ageng Tirtayasa)

Abstract

This study examines the role of audit quality in mitigating earnings management. Specifically, the aims of this study are (1) strengthen empirical result about the role of auditor industry specialization in mitigating accrual earnings management, (2) show empirically whether auditor industry specialization can mitigate real earnings management, (3) examine effect of regulation No.423/KMK.06/2002 issued by Ministry of Financial in Indonesia on the role of auditor industry specialization in mitigating accrual and real earnings management.. The sample is drawn from unregulated industry for periods 2001-2007 and focus on samples that have income increasing earnings management. This study employs two proxies for real earnings management. They are abnormal cash flow and abnormal cost production. Measurement of these proxies is different from previous study. It was determined by average value of cash flow and average value of cost production. By using t-test, this study show that auditor industry specialization can mitigate accrual earnings management but cannot mitigate real earnings management. Specifically, this study find that new regulation issued by government can’t give a significant contribution for mitigating real earnings management. It is shown by lacking in ability of auditor industry specialization in mitigating real earnings management even when regulation was issued. For accrual earnings management case, new regulation give good effect for improving the quality of non-specialist auditor. In my consideration, this could happen because the ability of non-specialist auditor increase after government issued new regulation. This is show that new regulation gives more effect on improving audit quality of non-specialist auditor than effect on specialize auditor.

Key words: industry specialist auditor, accrual earnings management, real earnings management.

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PENGARUH PENGUMUMAN INDONESIA SUSTAINABILITY REPORTING AWARD (ISRA) TERHADAP ABNORMAL RETURN DAN VOLUME PERDAGANGAN SAHAM (Studi Kasus Pada Perusahaan Pemenang ISRA Periode 2005-2008)

PENGARUH PENGUMUMAN INDONESIA SUSTAINABILITY REPORTING AWARD (ISRA) TERHADAP ABNORMAL RETURN DAN VOLUME PERDAGANGAN SAHAM (Studi Kasus Pada Perusahaan Pemenang ISRA Periode 2005-2008)

Ferry Budiman1

Supatmi2

Abstract

This research studies the impact of Indonesia Sustainability Reporting Award (ISRA) to abnormal return and trading value activity. The impact of award publication could be seen from what there are some differences between abnormal return and trading value activity with the ISRA announcement.

The research samples are 13 companies which accept the appreciation of ISRA period 2005-2008 by using purposive sampling method. The research data that used is secondary data that consist of daily closing price of shares and daily trading volume with an estimation period during 30 days and event period during 11 days by using a market adjusted model. Hypothese are tested by Wilcoxon Sign Test.

The result of this research proves that there is significant difference in abnormal return between the ISRA announcement and the days after ISRA publication, but trading value activity is not difference.

Key words: Sustainability Reporting, Abnormal Return, Trading Value Activity

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Pengaruh Pengalaman Kerja, Independensi, Obyektifitas, Integritas dan Kompetensi Terhadap Kualitas Hasil Pemeriksaan

Pengaruh Pengalaman Kerja, Independensi, Obyektifitas, Integritas dan Kompetensi Terhadap Kualitas Hasil Pemeriksaan

Oleh:

Ika Sukriah

Akram

Biana Adha Inapty

Abstract

This research is to examine how far job experience, independency, objectivity, integrity and competency influence quality of audit result. This research is conducted by using method survey to internal auditor of government which have followed Education and Training of Functional Position of Auditor (Diklat JFA), with type research of causality. Data analysis conducted with multiple regression model. The hypothesis tested are revealed as that job experience, independency, objectivity, integrity and competency have influence to quality of audit result as well as partially and simultaneously.

The result of the test revealed that job experience, independency, objectivity, integrity and competency as well as simultaneously influence quality of audit result.Partially, job experience, objectivity and competency have significant influence to quality of audit result. The matter means that more and more job experiences, progressively auditor objective conduct excelsior and inspection mount competency had by auditor, hence progressively mount or good progressively quality result of inspection which was him conducting. We suggest for future research in order to add more variable like etics, audit risk and than to extend the population.

Keywords: job experience, independency, objectivity, integrity, competency, quality of audit result.

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Pengujian Efek Resensi dan Pengetahuan pada Penyajian Informasi Analisis Fundamental & Teknis*: Studi Eksperimen pada Pengambilan Keputusan Investasi Saham

Pengujian Efek Resensi dan Pengetahuan pada Penyajian Informasi Analisis Fundamental & Teknis*: Studi Eksperimen pada Pengambilan Keputusan Investasi Saham

Liza Alvia

Universitas Lampung

Dedhy Sulistiawan

Universitas Surabaya

ABSTRACT

The purpose of this research is to examine recency effect and knowledge effect in stock investment decision making when different information (fundamental and technical information) sequentially presented. This research is the combination of Hogarth and Einhorn (1992) and Dilla and Steinbart (2005) researches.

Using a laboratory experimental study of 182 accounting bachelor degree students, this research use independent sample t-test and unbalance ANOVA to examine the bias in stock investment decision making. The separation of treatment and control group is based on information about simple technical analysis knowledge. Control group did not received information about technical analysis knowledge.

The results show that: (1) there is a recency effect when different information (in type and content) sequentially presented. This finding give evidence that investors focus on information presentation than information content itself, (2) based on technical analysis information, there is a different on stock investment decision making between treatment and control group. Conversely, there is no different decision based on fundamental analysis information.

Key words: Recency effect, Technical analysis, Knowledge.

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Pengaruh Organizational Learning dan IT Capability Terhadap Financial Performance, dengan IT Capability Sebagai Variabel Antara

Pengaruh Organizational Learning dan IT Capability Terhadap Financial Performance, dengan IT Capability Sebagai Variabel Antara

Oleh:

Sadat Amrul S. alumnus Maksi Undip Semarang,

Eny Hardi alumnus Unbraw Surabaya

Abstract

This research test the influence organizational learning to financial performance with IT Capability as intervening variable use multiple regression analysis extended with method path anayisis. Research population is go public manufacturing business which written in Indonesian Capital Market Directory 2005. Research sample is top manager, with respon rate equal to 35,3% from pulations amount of 150. Statistic analysis result indicated that organizational learning direct influence to financial performance, that way also organizational learning have an effect on to IT Capability. Result of this research also indicate that organizational learning have an direct effect to IT Capability, and IT Capability direct influence to financial performance. Is while IT Capability don't have an effect on direct to financial performance. That way also organizational learning variable don't have an effect on to financial performance through IT Capability.

Keywoods: organization learning, information technology capability, financial performance

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