Journal of Accounting and Finance Management最新文献

{"title":"Analysis of Market Reactions in Various Industry Sectors Before and After the Announcement of Indonesia's Exposure to the Covid-19 Outbreak","authors":"Riska Rosdiana","doi":"10.38035/jafm.v3i6.180","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.180","url":null,"abstract":"This study aims to determine the effect of the announcement of the entry of COVID-19 in Indonesia on abnormal returns, trading volume activity and bid-ask spread in the Miscellaneous industry sector listed on the Indonesia Stock Exchange (IDX). The sampling technique used in this study was using the census sampling method and from this method data were obtained as many as 45 companies in the Miscellaneous industry. The method used in this study is an event study, where the event window in this study consists of 7 days before and 7 days after the announcement of the entry of COVID-19 in Indonesia. Hypothesis testing was carried out using the paired-sample t-test and the Wilcoxon signed rank test. The results showed that there were significant differences in trading volume activity before and after the announcement of the entry of COVID-19 in Indonesia. However, there are no significant differences in abnormal returns before and after the announcement of the entry of COVID-19 in Indonesia.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"106 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131760484","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}

{"title":"Financial Distress Analysis Using the Ohlson Model in Indonesian State Owned Enterprises","authors":"Krismularso Seno Pamungkas","doi":"10.38035/jafm.v3i6.176","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.176","url":null,"abstract":"This study aims to analyze financial distress conditions using the Ohlson financial distress model in SOEs Non-Financial Sector for the 2017-2020 financial year performance period. The object of analysis is non-financial and banking SOEs registered under Ministry of SOEs. The results of the study are: 1) The aggregate probability of default for all SOEs has increased from 2017 to 2020; 2) the highest increase is the Probability of Default in 2020 compared to the Probability of Default in 2019; 3) SOEs in the Tourism Sector are the sectors that experience the most financial distress in 2020, while the Plantation and Forestry sector are the least financial distress in 2020; 4) SOEs in the same sector may show a different trend of increasing/decreasing Probability of Default.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129488704","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}

{"title":"Digital Signature Standard Implementation Strategy by Optimizing Hash Functions Through Performance Optimization","authors":"Ferraro S. Octora Ginting, Veithzal Rivai Zainal, Aziz Hakim","doi":"10.38035/jafm.v3i6.175","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.175","url":null,"abstract":"Security method of data transmission process has been growing rapidly with the science of cryptography. Cryptography can provide security services that includes security aspects like confidentiality, data integrity, authentication and non-repudiation. Modern cryptography uses a key that must be kept secret to overcome the problem of cryptographic security. Problem in the use of the same key by two entities that communicate with each other in exchanging messages is a way to distribute the key. This problem can be overcome by using public-key cryptography, which allows users to communicate securely without a shared secret key. Digital signature is the application of public-key cryptography. When accessing important digital documents, it is necessary to verify the signature given. Implementation of digital signature always requires a hash function. Hash function used in this research namely SHA-256, SHA-384 and Tiger. Federal Information Processing Standards (FIPS) set the cryptographic standard for digital signatures is the Digital Signature Standard (DSS). Algorithms included in the DSS are the Digital Standard Algorithm (DSA), Ron Rives, Adi Shamir, and Leonard Adleman (RSA) and Elliptic Curve Digital Signature Algorithm (ECDSA). So it is necessary to test the best digital signature implementation strategy that can be used by optimizing the performance of the hash function. Performance testing of the three algorithms is done by making an application using a computer programming language C++. Implementation program using C++ class library for cryptographic scheme that is Crypto++ Library 5.6.0. Class libraries used in the classes functions for digital signatures. On the application of digital signatures generated, conducted tests is done by combining each hash function algorithm with each of the DSS in order to compare their performance in terms of time and memory usage. Against the test results are then analyzed using statistical tests. The result shows that pair of Tiger hash function and DSA algorithm is the best combination.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116830657","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}

{"title":"Application of Knowledge Management in Efforts to Develop Human Resource at the Directorate General of Taxation","authors":"Faisal Roni, Kurniawan, Widya Natalia Sirait, Shendy Arsela, Achmad Fauzi","doi":"10.38035/jafm.v3i6.174","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.174","url":null,"abstract":"Knowledge management presents an opportunity for changes in the field of information and libraries in order to create forms that are more relevant to changing times. The purpose of this research is to understand the application of knowledge management at the Directorate General of Taxation. The method used in this study is a simple qualitative method through field object observation techniques and literature review. Based on research results, the Directorate General of Taxation has implemented knowledge management very well and consistently so that efforts to achieve individual and organizational performance can be achieved significantly. Through the implemented knowledge management system, institutional transformation becomes faster because all kinds of knowledge can be properly archived and easily accessed by all employees.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"17 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131622724","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}

{"title":"Interpretation Innovative Work Behavior and Transformational Leadership: Analysis Work Engagement and Work Environment on Dinas Pariwisata Kota Padang","authors":"Chintya Ones Charli, Ariyanto Masnum, Rahmadani Hidayat, Menhard Menhard, Budi Hartoyo","doi":"10.38035/jafm.v3i6.173","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.173","url":null,"abstract":"This research is aimed at uncovering the influence of Work Engagement and Work Environment on Innovative Work Behavior through Transformational Leadership as an Intervening variable. The research was conducted at the Padang City Tourism Office. The study population was 60 employees who worked in the Padang City Tourism Office, both civil servants and honorary employees. Furthermore, 60 employees became research samples taken proportionally and randomly with proportional random sampling techniques. Structural equation modeling (SEM) with a partial least square (PLS) approach is applied as a data analysis method. The results of the study revealed that work engagement and transformational leadership affect Innovative work behavior and   work environment does not affect  innovative  work behavior. Work engagement affects transformational leadership, work environment does not affect transformational leadership. And there is an indirect influence between work engagement and innovative work behavior through transformational leadership.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126566890","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}

{"title":"Companies in Indonesia Towards the Implementation of Integrated Reporting","authors":"Devica Pratiwi, Ilham Ilham, Della Verati, Santia Veronika, Sharon Gabriella","doi":"10.38035/jafm.v3i6.179","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.179","url":null,"abstract":"Reports that not only disclose financial information, but also non-financial information that describes the company's overall activities present integrated information are known as integrated reporting. This research was conducted to find out whether companies in Indonesia are ready to switch to integrated reporting. The objects are the annual report and sustainability report of 16 companies from LQ45 listed on the IDX from 2017 to 2019. Data analysis techniques use content analysis based on the International Framework guidelines which focus on content elements. The results of the disclosure of the annual report and the sustainability report of 16 companies show that in general the companies have presented and disclosed the seven elements contained in the guidelines, namely the organizational overview and external environment, governance, business models, risks and opportunities, strategy and resource allocation, performance and outlook with an average value in the range of 3,563 – 4,958 from a maximum value of 5,00.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128182596","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}

{"title":"The Influence E-Service Quality and Complain Handling BSI Mobile on Customer Satisfaction","authors":"Bella Shafiera Anandita, Agus Rahayu, P. Dirgantari","doi":"10.38035/jafm.v3i6.171","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.171","url":null,"abstract":"This study aims for know the influence of e-service quality and complaint handling of BSI Mobile banking on satisfaction office BSI customers Asia Afrika branch, Bandung. Type research conducted is study associative causal. This study conducted at Bank BSI Asia Afrika branch which is located at JL. Asia Afrika No. 107, City of Bandung. Data used in study this is the primary data collected through questionnaire. The sample used in study this are 30 customers of BSI Asia Africa. Deep data analysis techniques study this is analysis multiple linear regression with use IBM SPSS version 25 software assistance. Research results this disclose that good in a manner Partial nor simultaneous there is positive and significant influence from e-service quality and complaint handling on satisfaction customers of Bank BSI Asia Afrika branch, Bandung.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124645796","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}

{"title":"Subjective Normsand Entrepreneurship Education Towards Self-Efficacy and Entrepreneurship","authors":"Ariyanto Masnun, Chintya Ones Charli, Budi Hartoyo, Rahmadani Hidayat, Menhard Menhard","doi":"10.38035/jafm.v3i6.170","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.170","url":null,"abstract":"Setih Setio Muara Bungo Institute of Administration and Health prepares students to become independent and successful entrepreneurs of the future. The purpose of this research is to clarify whether there is a subjective norm in entrepreneurship education regarding self-efficacy in entrepreneurship among students of the Faculty of Management in the business administration course in the eighth semester. Methods of collecting literature review data and field his research, including interviews, observations, and questionnaires conducted on a student population and her sample of 75 people. The data analysis method used to test the hypotheses in this study is SEM-PLS. As a result of testing the direct influence hypothesis, it was shown that entrepreneurship education has a significant impact on self-efficacy, entrepreneurship education has a significant impact on entrepreneurship, and entrepreneurship education has a significant impact on entrepreneurship. I was. I was. However, subjective norms do not significantly influence entrepreneurial intentions.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"53 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114023659","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}

{"title":"The Importance of Traits of Board of Commissioners, company Size, Profitability and Free Cash Flow in Affecting the Dividend Policy","authors":"A. Wibowo, Erna Setiany","doi":"10.38035/jafm.v3i6.168","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.168","url":null,"abstract":"This study aims to investigate further relates to dividend policy that utilize in company which affected by characteristics of board of commissioners, business size, profitability as well as free cash flow. Secondary data has been used as source of information that obtained by the publication of financial reports that submitted by the Indonesia Stock Exchange (IDX). This study implemented the purposive sampling strategy to select 180 manufacturing companies which have been registered on the Indonesia Stock Exchange between 2018 and 2$020 as research samples. Normality test, heteroscedastic test, autocorrelation test, multicollinearity test, coefficient determination test, linear regression analysis and t-test, those are analysis methods used in this research. The t-test revealed that the characteristics of the commissioners has impact to the company’s dividend policy. While gender representative on the board of commissioners has negatively impacts on dividend policy, number of commissioners and free cash flow both positively affect the dividend policy. The policy relates to dividend distribution did not influence the proportion of independent commissioners, firm size or profitability. However, dividend policy has greatly affected by free cash flow. The research outcomes showed that the proportion of independent commissioners in a company usually lower than the total of commissioners owned by the company. Those Companies tends to allocate retained earnings to develop more profitable projects to get maximum profits. Companies that generate large inflows of free cash are more likely to make large dividend payments to reduce waste on unprofitable projects.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122305880","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}

{"title":"Leverage, Company Size, and Audit Quality Effect on Tax Avoidance in Manufacturing Companies Listed on the Indonesia Stock Exchange and Malaysia Exchange for the 2015-2019 Period","authors":"St. Fadillah Hadaming, Apollo Daito, St. Fadillah","doi":"10.38035/jafm.v3i6.167","DOIUrl":"https://doi.org/10.38035/jafm.v3i6.167","url":null,"abstract":"State revenue from the manufacturing sector had the largest share during the period 2015 - 2019 in Indonesia and Malaysia but has not been able to increase the tax ratio due to indications of tax avoidance practices. This research looks at the elements that affect tax avoidance, including leverage, company size, and audit quality. Using certain criteria, 70 samples from the stock markets of both countries were selected, representing the population. Data research has revealed tax avoidance significantly affected by leverage, and size company, but not by the quality of audit. Meanwhile, tax avoidance is significantly influenced by leverage results, company size, and audit quality simultaneously. This study proposes a model for calculating the avoidance potential with the ETR accounting formula.","PeriodicalId":407559,"journal":{"name":"Journal of Accounting and Finance Management","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121668916","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}