Jurnal Akuntansi, Keuangan, dan Manajemen (Jakman) is a peer-reviewed journal in the fields of Accounting, Finance and Management. Jakman publishes relevant manuscripts reviewed by some qualified editors. This journal is expected to be a significant platform for researchers in Indonesia to contribute to the theoretical and practical development in all aspects of Accounting, Finance and Management.
Published
2020-03-01
Articles
Pengaruh variabel fulmer h-score terhadap harga saham pada Badan Usaha Milik Negara Non Bank di Bursa Efek Indonesia periode 2013-2017
Purpose: This study aims to find out the influence of fulmer variables, namely retained earning / total assets, sales / total assets, earning before tax / equity, cash flow / total debt, total debt / total asset, current liabilities / total asset, log tangible asset, working capital / total debt, and log EBIT / interest on stock prices.
Research methodology: The data in this study were secondary data in the form of financial statements of SOE companies. The calculation used Microsoft Excel 2010. The program used to analyze data was the Econometric Views 9 (EViews 9) program. Statistical testing was performed at a 95% confidence level and 5% significance level. From the 20 BUMN companies listed on the Indonesia Stock Exchange (IDX) in 2013-2017, 12 companies were sampled.
Results: Variable Retained Earning / Total Assets, Earning Before Taxes / Equity, Cash Flow / Total Debt and Current Liabilities / Total Assets affect the stock price, while Sales / Total Asset variables, Total Debt / Total Assets, Log Tangible Asset, Working Capital / Total Debt and Log Earning Before Interest and Tax / Interest have no effect on the share prices of non-bank SOEs on the Indonesia Stock Exchange in the period 2013-2017 period.
Limitations: Historical data used were limited to time periods, 5 year time series data for the period 2013 - 2017 and the variables used were only nine variables.
Contribution: Non-bank SOEs must pay attention to ratios that have not influenced their share prices, such as TATO, DER, Tangible Assets, WCTD and TIER. This shows that SOEs’ assets have not been used productively, especially Tangible Assets. The suboptimal level of efficiency can be seen from the achievement of low income so that the ability of operating profit to cover interest expenses is still low.
Keywords: Fulmer model, Stock price, Non-bank BUMN
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Garuda
SintaMenguji dampak laba bersih dan perubahan persediaan dalam memprediksi arus kas operasi d? masa mendatang
Purpose: This research is an empirical study that aims to empirically examine the effect of net income and inventory changes both partially and simultaneously in predicting future operating cash flows in the food and beverage service sector in 2016-2018.
Research methodology: The design in this research was a causality study using the financial statements of service companies in the food and beverage sub-sector in 2016-2018. The number of samples in this study were 33 food and beverage companies selected using the purposive sampling method. The analysis technique used in this study was multiple linear regression.
Results: The analysis shows that net income has an effect on predicting future operating cash flows, while changes in inventory have no effect on predicting future operating cash flows. Simultaneous testing was also carried out with the results that net income and changes in inventory affect the operating cash flow in the future.
Limitations: This study only focused on using 1 (one) sub sector, which is a company that consumes food and beverages. For further research, it is recommended to use all sub-sectors so that the results can be generalized.
Contribution: This study can be used as information material for the accounting profession as to how great the influence between net income and inventory changes in predicting future operating cash flows that can be used in decision making. Also, it can provide information for economic actors or investors about the importance of knowing the company's operating cash flow in the future, so that it can be taken as a consideration in investing.
Keywords: Future operating cash flows, Net profit, Changes in inventory
Pages: 83-92
647 views | 2680 downloads
Statistics and Citations
Pengaruh persistensi laba, free cash flow dan komponen-komponen akrual terhadap arus kas dari aktivitas operasi masa depan
Purpose: This study aims to find empirical evidence of the influence of variables consisting of earnings persistence, free cash flow and accrual components of cash flows on operating activities in the future.
Research methodology: The objects used in this study were manufacturing companies listed on the Indonesia Stock Exchange for 5 years (2013-2017). The study population consisted of 135 manufacturing companies listed on the Indonesia Stock Exchange. The sample selection technique used was purposive sampling, and the sample was 100 companies. Data were analyzed using the EVIEWS 9 program with the panel data regression analysis type.
Results: The study finds that earnings persistence, free cash flow and accrual components of changes in account payable partially have a positive effect on cash flows from future operating activities, while the accrual component of changes in trade receivables and the accrual component of inventory changes partially do not have influence on cash flow from operating activities.
Limitations: The limitation of this study was that manufacturing companies do not cover all company sectors listed on the Indonesia Stock Exchange. In addition to the data used in the study, only 5 years of annual financial reports were reported by each company to the Indonesia Stock Exchange
Contribution: This research can be used by stakeholders, especially investors and creditors to assess the future prospects of a company through variables that have been tested which can affect cash flow from the future production activities by the company.
Keywords: Cash flow from operating activities, Earnings persistence, Free cash flow, Accrual components
Pengaruh koneksitas organ corporate governance, ineffective monitoring dan manajemen laba terhadap fraudulent financial reporting
Purpose: This study aims to provide empirical evidence of the Effect of Organ Connectivity in Corporate Governance, Effective Monitoring, and Earnings Management on Fraudulent Financial Reporting on non-financial companies listed on the Indonesia Stock Exchange with an observation period from 2010-2018.
Research methodology: The measurement of corporate governance organ connectivity used dummy variables. Effective monitoring used the proportion of independent commissioners to the number of boards. The Modified Jones model was used to Measure earnings management. The cheating prediction model used the combination of Beneish M-Score and Altman Z-Score.
Results: Corporate governance organs that have political connections and ineffective monitoring have no effect on fraudulent financial reporting, while earnings management has an effect on fraudulent financial reporting. The practice of earnings management carried out by companies is not caused by the company's motivation to carry out fraudulent financial reporting.
Limitation: The limitations of this study are due to the use of logistic regression by using a combined model of Beneish M-Score and Altman Z-Score still found type I and type II errors. The research variables can only explain the fraudulent financial reporting of 24.7% and is less precise in determining the category of companies that have political connections or not.
Contribution: This research provides an overview and understanding as a reference for stakeholders in the detection of fraudulent financial statements and for further research.
Keywords: Fraudulent financial reporting, Independent commissioner, Independent director, Audit committee, Ineffective monitoring, Earnings management
Pages: 109-122
2072 views | 2043 downloads
Statistics and Citations
Kontribusi dan efektivitas pajak reklame terhadap pendapatan asli daerah di Kabupaten Ogan Komering Ulu periode tahun 2013 – 2017
Purpose: The purpose of this study was to determine how much the contribution and effectiveness of the Advertisement Tax on Local Original Revenue in Ogan Komering Ulu Regency for the Period of 2013 - 2017.
Research methodology: The analytical tool used is quantitative descriptive using contribution analysis and effectiveness analysis.
Results: The results shows that the contribution of advertisement tax to regional original income is very low. At the same time, the effectiveness analysis shows that the advertisement tax of regional original income is very effective.
Limitations: This study is limited to analysis of the contribution and effectiveness of advertisement tax on Local Original Revenue, which in fact there are still many other tax levies that contribute to Local Original Revenue in OKU Regency.
Contribution: This research can be used as a reference in the link of economic research in the area of ??regional development planning and can be used as a material consideration for local governments to pay more attention to the collection of advertisement tax as one of the main sources of Local Original Revenue.
Keywords: Contribution, Effectiveness, Bill Tax, Local Original Revenue
Pages: 123-134
1100 views | 1688 downloads
Statistics and Citations
Pengaruh reformasi administrasi perpajakan terhadap kepatuhan wajib pajak: Studi kasus di KPP Pratama Kedaton Bandar Lampung
Purpose: The purpose of this study is to determine the effect of tax administration reforms on the level of tax compliance. A good tax administration system is a key factor in the successful implementation of tax policies. With the improvement of tax administration, it is expected to encourage taxpayer compliance.
Research methodology: The research method used is a quantitative method. The samples in this study were. The data were collected using questionnaires distributed to the sample of 65 corporate taxpayers
Results: The results show that the tax administration reform has a positive effect on taxpayer compliance, which means that the tax administration reform can improve taxpayer compliance
Limitations: This research was only conducted on one Primary Tax Office so that the sample was small with a total of 65 samples.
Contribution: this study has implications for government policies related to tax administration reforms which are very important to facilitate taxpayers in fulfilling their obligations.
Keywords: Tax Administration Reform, Tax Administration System Modernization, Modern Tax Administration System, Tax Administration System, Tax Reform, Taxpayer Compliance, Corporate Taxpayer Compliance
Pages: 135-154
1066 views | 1307 downloads
Statistics and Citations
