Journal of Applied Sciences in Accounting, Finance, and Tax最新文献_第2页

Analysis of Abnormal Return of Issuer’s Stock after IPO during the Covid-19 Pandemic 新冠肺炎疫情期间发行人IPO后股票异常收益分析

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-10-31 DOI: 10.31940/jasafint.v5i2.127-132

I. Yoga, N. K. Dewi, I. Sumartana

{"title":"Analysis of Abnormal Return of Issuer’s Stock after IPO during the Covid-19 Pandemic","authors":"I. Yoga, N. K. Dewi, I. Sumartana","doi":"10.31940/jasafint.v5i2.127-132","DOIUrl":"https://doi.org/10.31940/jasafint.v5i2.127-132","url":null,"abstract":"The Covid-19 pandemic based on Presidential Decree Number 12 of 2020 was declaredon April 13, 2020. During this Pandemic, many companies offer their shares to the public or known as Initial Public Offering (IPO). This study aims to find out the highest abnormal returns of the issuers' stock after the IPO during the Covid-19 Pandemic. The sample used in this study was 70 companies that IPO on the IDXafter pandemic status was declared in Indonesia, namely from April 15, 2020-November 25, 2021. This research is a descriptive quantitative research anddescriptive statistical analysis techniques was used to calculate abnormal returns and cumulative abnormal returns of each stock. The results showed that cumulatively, the highest abnormal return of 70 stocks within 20 months was owned by TECH shares in the technology sector with a cumulative abnormal return value of 23,562. Meanwhile, the lowest value is owned by DEPO shares in the consumer cyclicals sector with a cumulative abnormal return of 0.624. The results of this study can be used as considerationby investors who want to invest in IPO stocks during prolonged outbreaks such as the Covid-19 Pandemic.","PeriodicalId":225635,"journal":{"name":"Journal of Applied Sciences in Accounting, Finance, and Tax","volume":"80 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125969338","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Activity Ratio and Profitability Ratio Analysis to Know Causes of Decreasing Profit 分析活动比率和盈利能力比率，了解利润减少的原因

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-10-31 DOI: 10.31940/jasafint.v5i2.112-120

D. Devi, I. K. Sudiartha, I. G. M. Karma

{"title":"Activity Ratio and Profitability Ratio Analysis to Know Causes of Decreasing Profit","authors":"D. Devi, I. K. Sudiartha, I. G. M. Karma","doi":"10.31940/jasafint.v5i2.112-120","DOIUrl":"https://doi.org/10.31940/jasafint.v5i2.112-120","url":null,"abstract":"The Village Credit Institution (LPD) of DesaPakramanSuwat has productive assets in the form of loans provided to the community. The loan disbursed fluctuated from 2019-2021. Based on the report on activities and credit developments at the PakramanSuwat Village LPD, the loans granted in 2019-2021 are fully eligible for current collectibility. However, this is not in line with the development of LPD profits which have decreased in 2020 and 2021.This study aims to analyze the causes of the decline in LPD profits in terms of credit turnover, BOPO, net profit margin, return on equity, and return on assets. The type of research used in this research is descriptive research with a qualitative approach. The analysis techniques in this research are activity ratio analysis, profitability ratio analysis, and trend analysis.The results of this study indicate that the level of LPD activity in PakramanSuwat Village has decreased which can be seen based on the credit turnover which has decreased from 2019-2021. The decrease in credit turnover was caused by a small amount of collectible loans so that loan interest income decreased so that it affected the decline in LPD profitability. The level of profitability of the LPD PakramanSuwat Village also experienced a decrease which can be seen from the BOPO ratio and the decline in the ratio of NPM, ROE, and ROA. This decrease in profitability was due to operating expenses, decreased operating income, decreased other operating income, the company's capital being not managed optimally, and the company's assets being not managed optimally.","PeriodicalId":225635,"journal":{"name":"Journal of Applied Sciences in Accounting, Finance, and Tax","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122208649","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effect of Altman Z-Score as Tool for Predicting Potential Bankruptcy on Stock Prices in Retail Subsector Companies Listed on the IDX in 2019 – 2021 Altman Z-Score作为预测2019 - 2021年IDX上市零售细分行业公司潜在破产的工具对股价的影响

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-10-31 DOI: 10.31940/jasafint.v5i2.146-152

Iga Kade Amanda Githayoni, C. Ardina, I. M. Wijana

{"title":"The Effect of Altman Z-Score as Tool for Predicting Potential Bankruptcy on Stock Prices in Retail Subsector Companies Listed on the IDX in 2019 – 2021","authors":"Iga Kade Amanda Githayoni, C. Ardina, I. M. Wijana","doi":"10.31940/jasafint.v5i2.146-152","DOIUrl":"https://doi.org/10.31940/jasafint.v5i2.146-152","url":null,"abstract":"The purpose of this study is to determine the Effect of Altman Z-Score as Tool for Predicting Potential Bankruptcy on Stock Prices in Retail Companies Listed on the IDX in 2019 – 2021. The data collection technique in this study uses documentation methods as well as literature studies published by the company. The data in this study uses financial statements published by retail sector companies listed on the Indonesia Stock Exchange in 2019 – 2021 by sampling using purposive sampling techniques. Companies that have met the sampling criteria are 11 companies. The data analysis method in this study uses Altman Z-score bankruptcy analysis, as well as for financial ratios using the ratio of Altman Z- score consisting of Working capital on total assets, retained earnings on total assets, profit before tax and interest on total assets, and book value of total equity at the book value of total liabilities. The next data analysis technique in this study used classical assumption tests, simple liner regression, and other hypothesis test tools. The results of this study showed that the Altman Z-score had a significant effect on the Stock Price of 17.7% with a calculated t value of 2.578 > 2.03951 (0.05 significant α) from the table. Based on the results of the Calculated Altman Z-score classification, it is shown that in 2021 there are 36 companies in a state of bankruptcy, 28% are in a state of gray area, and 36% are in a safe state.","PeriodicalId":225635,"journal":{"name":"Journal of Applied Sciences in Accounting, Finance, and Tax","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121581953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effect of Understanding SAK-ETAP and the Quality of Human Resources on the Quality of Financial Reports in Savings and Loan Cooperatives at South Denpasar District 了解SAK-ETAP和人力资源素质对南登巴萨区储蓄贷款合作社财务报告质量的影响

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-10-31 DOI: 10.31940/jasafint.v5i2.121-126

Ni Kadek Ulan Prasiska Yanti, I. G. A. A. Pramitari, I. O. Sudiadnyani

{"title":"The Effect of Understanding SAK-ETAP and the Quality of Human Resources on the Quality of Financial Reports in Savings and Loan Cooperatives at South Denpasar District","authors":"Ni Kadek Ulan Prasiska Yanti, I. G. A. A. Pramitari, I. O. Sudiadnyani","doi":"10.31940/jasafint.v5i2.121-126","DOIUrl":"https://doi.org/10.31940/jasafint.v5i2.121-126","url":null,"abstract":"The existence of cooperatives as a support for the people's economy to support Indonesia's economic growth. Financial reports are one of the important factors as a report on the accountability of cooperative management and the condition of cooperatives to members and owners of cooperatives in the main forum that must be held by every cooperative, namely RAT. In preparing quality financial reports, it is necessary to have an understanding of SAK-ETAP, and quality human resources. This study aims to determine the effect of understanding SAK-ETAP, and the quality of human resources partially and simultaneously on the quality of financial reports. The location of this research is the Savings and Loan Cooperative in South Denpasar District. The population in this study were employees of the Savings and Loans Cooperative in South Denpasar District and the sample in this study was 70. The data analysis techniques used in this study were Validity Test, Reliability Test, Classical Assumption Test, Multiple Linear Regression Analysis, F Test, T test and Coefficient of Determination Test. From the results of the study, it can be seen that: (1) understanding of SAK-ETAP has a significant positive effect on the quality of financial reports (2) the quality of human resources has a significant positive effect on the quality of financial reports. 3) Simultaneously understanding of SAK-ETAP and the quality of human resources have a significant effect. on the quality of financial reports. The magnitude of the influence of understanding SAK-ETAP and the quality of human resources on the quality of financial reports is 57%. Suggestions that can be given by researchers are Savings and Loans Cooperatives in South Denpasar District are expected to routinely provide training and guide employees","PeriodicalId":225635,"journal":{"name":"Journal of Applied Sciences in Accounting, Finance, and Tax","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123657925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effect of Tax Incentives, Modernization of Tax Administration and Tax Sanctions on MSME Tax Payer Compliance (Case Study at KPP Pratama Badung Utara) 税收优惠、税收管理现代化和税收制裁对中小微企业纳税人合规性的影响(以KPP Pratama Badung Utara为例)

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-10-31 DOI: 10.31940/jasafint.v5i2.133-139

N. Septiani, N. S. Hardika, A. A. P. Suardani

{"title":"The Effect of Tax Incentives, Modernization of Tax Administration and Tax Sanctions on MSME Tax Payer Compliance (Case Study at KPP Pratama Badung Utara)","authors":"N. Septiani, N. S. Hardika, A. A. P. Suardani","doi":"10.31940/jasafint.v5i2.133-139","DOIUrl":"https://doi.org/10.31940/jasafint.v5i2.133-139","url":null,"abstract":"Tax revenue have an important role for Indonesian’s development. The ratio of taxpayer compliance and tax revenue in Indonesia has increased, but in some areas the ratio of taxpayer compliance, especially for MSME has decreased as at KPP Pratama Badung Utara. In an effort to maintain taxpayer compliance, mainly due to the Covid-19 pandemic, the government has implemented several policies by providing tax incentives, modernizing the tax administration system and imposing tax senctions on businesses that are direcly affected, especially for MSME.The purpose of this study are to examine the effect of tax incentives, modernization of the tax admin-istration system and tax sanctions on msme taxpayer compliance. For the type of data are used primary data that obtained through from distribution of questionnaires and secondary data from documentation. The sample of this research is based on purposive sampling method with total sample 99 MSME taxpayers registed at the KPP Pratama Badung Utara. Statistical testing is using Partial Least Square (PLS) with SmartPLS 3.3.9. The study finds that (a)tax incentives have a positive and significant effect on MSME taxpay-er compliance,(b) modernization of tax administration systemhave a positive and significant effect on MSME taxpayer compliance, (c) tax sanctions have a positive and significant effect on MSME taxpayer compliance.","PeriodicalId":225635,"journal":{"name":"Journal of Applied Sciences in Accounting, Finance, and Tax","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128991875","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

CAMEL Ratio as an Indicator of Financial Distress Altman Z-Score Model with Company Size as a Moderating Variable 以公司规模为调节变量的Altman Z-Score模型

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-10-31 DOI: 10.31940/jasafint.v5i2.95-104

Tio Waskito Erdi, W. Agustin, S. A. Pradana, Theresia T

引用次数: 0

Analysis of Implementation of Financial Accounting Standards for Micro, Small and Medium Entities in the Preparation of Financial Statements in MSME Ernov Bali 中小微企业财务会计准则在财务报表编制中的实施分析

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-10-31 DOI: 10.31940/jasafint.v5i2.161-165

Ni Luh Sri Utami Baktika, I. Saputra, I. K. Suwintana

引用次数: 0

Analysis of the Application of Environmental Accounting as One of Social Accountability at the One Legian Hotel 环境会计作为社会责任之一在壹利安酒店的应用分析

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-10-31 DOI: 10.31940/jasafint.v5i2.140-145

N. Rahayu, I. Sudana, N. N. Yintayani

{"title":"Analysis of the Application of Environmental Accounting as One of Social Accountability at the One Legian Hotel","authors":"N. Rahayu, I. Sudana, N. N. Yintayani","doi":"10.31940/jasafint.v5i2.140-145","DOIUrl":"https://doi.org/10.31940/jasafint.v5i2.140-145","url":null,"abstract":"In the field of accounting, there is Green Accounting or environmental accounting where there are five stages of environmental cost allocation process, namely identification, recognition, measurement, presentation, and disclosure. This research is descriptive qualitative research located at The ONE Legian Hotel. Where the primary data used are inter- views while the secondary data used are archives and written documents. This study uses a constant comparative analysis that aims to compare the stages of environmental cost allocation at The ONE Legian Hotel with the 2019 Financial Reporting Conceptual Framework. The result of this research is that The ONE Legian Hotel has implemented an environmental cost allocation which consists of identification by dividing into two, environmental/natural costs and social environmental costs, then the recognition using the accrual basis method, measurement using rupiah with realization the budget that has been determined by the company, in the presentation where these environmental costs have been presented in the income statement, in the other expenses section or in the POMEC subsection for environmental/natural costs and the human resource subsection for social environmental costs. However, the disclosure has not been carried out, where detailed environmental costs are not included in the financial statements, so users of financial statements don’t know the details of the environmental costs.","PeriodicalId":225635,"journal":{"name":"Journal of Applied Sciences in Accounting, Finance, and Tax","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128867308","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Analysis of Financial Statements to Measure the Level of Health in The LPD of Pecatu Village, South Kuta, Badung 巴东南库塔佩卡图村贫困人口健康水平财务报表分析

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-04-27 DOI: 10.31940/jasafint.v5i1.56-62

N. W. I. Leonita, I. Sugiarta, Paul Subiyanto

{"title":"Analysis of Financial Statements to Measure the Level of Health in The LPD of Pecatu Village, South Kuta, Badung","authors":"N. W. I. Leonita, I. Sugiarta, Paul Subiyanto","doi":"10.31940/jasafint.v5i1.56-62","DOIUrl":"https://doi.org/10.31940/jasafint.v5i1.56-62","url":null,"abstract":"The Village Credit Institution (LPD) is an institution that operates in the financial sector belonging to the village which is developing and providing benefits both in terms of social, economic and cultural aspects to its citizens, so it is necessary to improve performance and preserve its existence. As a part of the traditional village unit in Bali, the LPD has the function of collecting funds and distributing credit and loans to the community. The level of soundness of the LPD shows the institution's ability to utilize its assets productively and efficiently and can manage the continuity of the business that is run effectively, so that it will encourage the continuity of the business. This study aims to measure the level of financial health using the CAMEL method on Village Credit Institution (LPD) of Pecatu Village, South Kuta, Badung in the period 2018 to 2020. Qualitative descriptive analysis is used to interpret the results of the calculation of financial ratios consisting of aspects of Capital, Assets, Management, Earning, and Liquidity. The result of this is the combined scores of all aspects obtained for 2018 is 79,37%, in 2019 is 80,77%, and in 2020 is 65,90%. Therefore it can be concluded that for 2018 and 2019 the financial health level of the LPD of Pecatu Village is in a fairly healthy condition, while in 2020 the financial health level of the LPD of Pecatu Village is in an unhealthy condition.","PeriodicalId":225635,"journal":{"name":"Journal of Applied Sciences in Accounting, Finance, and Tax","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115915400","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effect of Price Earning Ratio, Firm Size, and Corporate Social Responsibility on Firm Value (Empirical Study on Pharmaceutical Sub-Sector Companies Listed on The Indonesia Stock Exchange 2016 – 2020 Period) 市盈率、企业规模和企业社会责任对企业价值的影响(基于2016 - 2020年印尼证券交易所医药细分行业上市公司的实证研究)

Journal of Applied Sciences in Accounting, Finance, and Tax Pub Date : 2022-04-27 DOI: 10.31940/jasafint.v5i1.20-27

Trevhy Firdha Wahyuni Marc, D. P. Suciwati, I. G. M. Karma

{"title":"The Effect of Price Earning Ratio, Firm Size, and Corporate Social Responsibility on Firm Value (Empirical Study on Pharmaceutical Sub-Sector Companies Listed on The Indonesia Stock Exchange 2016 – 2020 Period)","authors":"Trevhy Firdha Wahyuni Marc, D. P. Suciwati, I. G. M. Karma","doi":"10.31940/jasafint.v5i1.20-27","DOIUrl":"https://doi.org/10.31940/jasafint.v5i1.20-27","url":null,"abstract":"Investors can use the firm value to see the company's performance in the past and predict the company's performance in the future. There are many factors that can affect the firm value in the future, including the company's ability to generate profits, the scale of the company, and the company's responsibility to stakeholders. However, there is a difference between expectations and the phenomena that occur in the field regarding these factors. The purpose of this research was to determine the effect of Price Earning Ratio, Firm Size, and Corporate Social Responsibility either partially or simultaneously on the value of pharmaceutical companies listed on the Indonesia Stock Exchange for the 2016-2020 period. The type of data used in this research is quantitative data, namely the annual financial statements of pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange. The sample selection in this research was based on purposive sampling method, so that the sample used in this research amounted to 45 companies for 5 years. The data analysis technique used is multiple linear regression analysis. The results showed that partially Price Earning Ratio had a significant positive effect on firm value, while Firm Size and Corporate Social Responsibility had no significant effect on firm value. Simultaneously, Price Earning Ratio, Firm Size, and Corporate Social Responsibility have a significant effect on the value of pharmaceutical companies listed on the Indonesia Stock Exchange by 19.4%.","PeriodicalId":225635,"journal":{"name":"Journal of Applied Sciences in Accounting, Finance, and Tax","volume":"284 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122772463","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2