KARAKTERISTIK PERUSAHAAN DAN CORPORATE GOVERNANCE TERHADAP MANAJEMEN LABA: STUDI ANALISIS META
Prodi Akuntansi Fakultas Ekonomi dan Bisnis Universitas Airlangga
Jl. Airlangga No.4 Surabaya, 60286, Indonesia.
- Korespondensi Penulis:
- Zaenal Fanani: Telp. + 62 31 503 3642; Fax. +62 31 503 6584
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This study aimed to examine the factors influencing earning management in Indonesia, namely firm characteristics and good corporate governance. This study used META- analysis technique which was developed by Hunter & Schmidt (1990) and Lipsey & Wilson (2001) by using samples consisting of 12 journals which were accredited nationally minimal B. Empirical evidence found that good corporate governance represented by auditor quality, audit committee, management ownership, institutional ownership and independent commissioner, and firm characteristic represented by growth level, firm size, firm performance, firm book value, could be the predictor of earning management existence in a company while the other variable namely operation cash current could not be the predictor of earning management in a company.
Key words: firm characteristics, good corporate governance, META analysis, earnings management
EFFECTS OF CORPORATE GOVERNANCE VARIABLES ON EARNINGS MANAGEMENT IN INDONESIA
Stephanus Remond Waworuntu
Marko Sebira Hermawan
Sheila Nerissa Hokardi
School of Accounting and Finance BINUS Business School, BINUS University
Jl. Hang Lekir I No.6, Jakarta, 10270.
- Korespondensi dengan Penulis:
- Stephanus Remond Waworuntu: Telp: + 62 21 720 2222, Fax: +62 21 720 5555
- E-mail: firstname.lastname@example.org
To determine the effects of corporate governance on earnings management, this paper analyzed 171 annual reports from issued 2006 to 2009 by 57 non-financial, joint stock companies implementing GCG (Good Corporate Governance) practices, which were listed on the Indonesia Stock Exchange (IDX). Six corporate governance variables (board composition, independent commissioners, separate chairman/CEO roles, audit committee, managerial share ownership, and audit quality) as well as three control variables (leverage, size, and ROA) were used. The results showed that two corporate governance variables significantly influenced earnings management practices (separate chairman/CEO roles and managerial share ownership); the other variables had no effect because these companies used GCG practices only to follow regulations rather than to monitor and control.
Key words: earnings management, working capital accruals, good corporate governance (GCG)
DETERMINASI AUDIT INTERNAL DALAM MEWUJUDKAN GOOD CORPORATE GOVERNANCE SERTA IMPLIKASINYA PADA KINERJA BANK
Lembaga Penelitian dan Pengabdian Kepada Masyarakat (LPPM)
Universitas Siliwangi Tasikmalaya
Jl. Siliwangi No. 24 Tasikmalaya, 46115.
Korespondensi dengan Penulis:
Dedi Kusmayadi: Telp. +62 265 330 634; Fax. +62 265 325 812
The objective of the research was to find out the effect of internal audit on good corporate governance and its impact to performance of government bank Tasikmalaya regency. The method used in the research was census method with descriptive explanatory approach. The data collecting technique used to obtain the primary data was through interviews and by means of questionnaire. Path analysis was used to analyze the data.The results showed that: the internal audit gave positive and significant effect on good corporate governance, the internal audit and good corporate governance, partially and simultaneously gave positive and significant effect on performance of government bank Tasikmalaya regency.
Key words: internal audit, good corporate governance, bank performance.
MEKANISME GCG DAN PENGUNGKAPAN TANGGUNG JAWAB SOSIAL TERHADAP KOEFISIEN RESPON LABA
Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Malang
Jl. Semarang 5 Malang, 65145.
Korespondensi dengan Penulis:
Nurika Restuningdiah: Telp. +62 341 551 312
The purpose of this research was to examine the impact of good corporate governance mechanism to corporate social responsibility (CSR) disclosure and the impact of CSR disclosure to earning response coefficient. The proxy of good corporate governance mechanism were institutional ownership, managerial ownership, independency of board commisioner and the size of board commisioner. Regression analysis of 35 public companies listed in Indonesia Stock Exchange in year 2009 through a random sampling technique indicated that only the size of commisioner board had a positive effect CSR disclosure. This study also showed that there was no significant impact of CSR disclosure to ERC. The implication of this study was relevant for the decision maker of public companies to consider the size of board commisioner to support the good corporate governance mechanism.
Key words: good corporate governance mechanism, corporate social responsibility disclosure, earning respons coefficient
CORPORATE GOVERNANCE TERHADAP PERINGKAT SUKUK KORPORASI DI INDONESIA
ABFI Institute Perbanas Jakarta
Jl. Perbanas, Karet Kuningan, Setia Budi – Jakarta, 12940
Telp. +62 21 525 2533
This study aims to estimate the influence of corporate governance mechanisms that are implemented through institutional ownership, independent commissioners, audit committees, managerial ownership, blockholder and the number of ratings of corporate sukuk in Indonesia during the 2007-2009 periods. This study uses multinomial logistic regression models because there are three categories of sukuk ratings, namely: AA, A, and BBB for 33 sample firms that issued sukuk in the Indonesia. The results of empirical studies have found that the audit committee and the number of blockholder as an indicator of corporate governance mechanisms affect the ranking of corporate sukuk significantly. To be able to increase the ranking of the sukuk is the study recommends that the existence of audit committees and the blockholder must be a serious concern for companies that issue a sukuk in improving the ranking of the sukuk issuance
Key words: sukuk, rating, corporate governance, multinational logistic
PENGUNGKAPAN RISIKO FINANSIAL DAN TATA KELOLA PERUSAHAAN: STUDI EMPIRIS PERBANKAN INDONESIA
Jurusan Akuntansi Fakultas Ekonomi Universitas Sebelas Maret, Surakarta
Jl. Ir. Sutami 36A Surakarta, 57126
Telp./Fax.+62 271 669 090
The purpose of this study was to examine the effect of corporate governance to financial risk disclosures of Indonesian banks. Corporate governance was identified as the board size, the number of board meetings, the proportion of independent commissioners, the proportion of independent audit committee members and number of audit committee meetings. This study also used leverage and profitability as control variable. The level of financial risk disclosure was measured based on identified items of a circular enclosure of Bank Indonesia No.5/21/DPNP/2003. Under purposive sampling, secondary data of 60 annual reports year 2007-2009 of banks in Indonesian Stock Exchange were selected. The average level of financial risk disclosures was at 46.50%. It indicated that Indonesian’s banks were not fully compliance to regulations since financial risk disclosures were as mandatory matters. The result of multiple regression showed that corporate governance affected the level of financial risk disclosure through the variable board size and the number of board meetings. The important role in implementing tata kelola perusahaan(company management) was at the board of commissioners who served as supervisors of activities and performance of banks as well as advisory directors in ensuring that companies implemented good corporate governance, including financial risk disclosures (Komite Nasional Kebijakan Governance, 2006).
Key words: corporate governance, financial risk disclosures, banking