Claim Missing Document
Check
Articles

Found 10 Documents
Search

Pembentukan Portofolio Optimal Saham-Saham Di Bursa Efek Indonesia (Bei) Setiabudi Nugroho, Hendrato; Bayu Aji, Seto Satriyo
Kajian Ekonomi dan Bisnis Vol. 14 No. 2 (2019)
Publisher : Jurnal Solusi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51277/keb.v14i2.58

Abstract

This research was conducted with the aim of compiling an optimum portfolio of stocks listed on the Indonesia Stock Exchange (IDX) using a single index model. The subjects of this study are stocks that consistently entered into LQ45 during the 2014-2018 period. This period was chosen because at that time the stock transactions on the Indonesia Stock Exchange was bad, as evidenced by the weak and tendency of the index (IHSG) trend. The single-index model is used because it is a simple model and is widely used in optimum portfolio formation. This model can be used to calculate expected return and portfolio risk making it possible to form an optimum portfolio. Even though similar studies have often been carried out, the very dynamic movement of stock prices on the stock exchange causes changes in the optimal portfolio each year. So that research needs to be done that continuously uses different periods of the year. The results of this study indicate that of the 24 listed issuers that were sampled, only 18 shares formed the optimal portfolio. These shares were BBCA 17.21%, PWON 16.35%, WIKA 12.95%, KLBF 7.45%, GGRM 6.51%, BBNI 5.68%, UNVR 5.35%, UNTR 4, 92%, ICBP 4.65%, ADRO 3.81%, JSMR 3.21%, ASII 3.00%, SMGR 2.78%, TLKM 2.08%, PTBA 2.07%, INDF 1.90% , BMRI 0.06%, and INTP 0.02%.
THE DETERMINANTS AFFECTING FRAUD TRENDS Seto Satriyo Bayu Aji
Asia Pacific Fraud Journal Vol 3, No 1 (2018): Volume 3, No.1st Edition (January-June 2018)
Publisher : Association of Certified Fraud Examiners Indonesia Chapter

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (603.498 KB) | DOI: 10.21532/apfj.001.18.03.01.03

Abstract

This study aims to examine the determinants that influence the tendency of fraud in medium-sized companies in Yogyakarta. The variables used in this study are ethics, compensation conformity, leadership stlye, and fraud. The population in this study is medium-sized companies in Yogyakarta. Sampling is done by using purposive sampling method. The sample used is the staff of medium-sized companies in Yogyakarta. The research model uses SmartPLS 2.0 in proccesing data. The results of this study show that ethics has a negative effect on fraud; compensation conformity has a negative effect on fraud; and leadership style has a negative effect on fraud.
FACTORS AFFECTING THE USE OF FORENSIC ACCOUNTING SERVICES AN EMPIRICAL STUDY ON INDONESIAN BANKS Seto Satriyo Bayu Aji; Dekar Urumsah
Asia Pacific Fraud Journal Vol 1, No 1 (2016): Volume 1, No.1st Edition (January-June 2016)
Publisher : Association of Certified Fraud Examiners Indonesia Chapter

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1546.752 KB) | DOI: 10.21532/apfj.001.16.01.01.12

Abstract

The increase in fraud action against financial reports make many people uneasy and considering to use Forensic Accounting Services to prevent and detect fraud. This study aimed to analyse the factors affecting The Intention to Use Forensic Accounting Services in the Banking Industry in Yogyakarta. This research used the survey method and used primary data, which obtained from the population of heads of division and internal auditor staff. This research used SmartPls 2.0 to processed the data with 110 data has been processed.Results of the study find that The Perceived Benefits of Using Forensic Accounting Services affects the Attitudes towards Forensic Accounting Services. Additionally Attitudes toward Forensic Accounting Services, Government Pressure and Internal Control Systems affect the Intention to Use Forensic Accounting Services. Researchers also found that there is no affect of Perceived Risks of Forensic Accounting Services on The Attitudes towards Forensic Accounting Services, as well as Stakeholder Pressure and Time budget Pressure does not affect The Intention to Use Forensic Accounting Services.
Pembentukan Portofolio Optimal Saham-Saham Di Bursa Efek Indonesia (Bei) Hendrato Setiabudi Nugroho; Seto Satriyo Bayu Aji
Solusi: Jurnal Kajian Ekonomi dan Bisnis Vol. 14 No. 2 (2019)
Publisher : Sekolah Tinggi Ilmu Ekonomi SBI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51277/keb.v14i2.58

Abstract

This research was conducted with the aim of compiling an optimum portfolio of stocks listed on the Indonesia Stock Exchange (IDX) using a single index model. The subjects of this study are stocks that consistently entered into LQ45 during the 2014-2018 period. This period was chosen because at that time the stock transactions on the Indonesia Stock Exchange was bad, as evidenced by the weak and tendency of the index (IHSG) trend. The single-index model is used because it is a simple model and is widely used in optimum portfolio formation. This model can be used to calculate expected return and portfolio risk making it possible to form an optimum portfolio. Even though similar studies have often been carried out, the very dynamic movement of stock prices on the stock exchange causes changes in the optimal portfolio each year. So that research needs to be done that continuously uses different periods of the year. The results of this study indicate that of the 24 listed issuers that were sampled, only 18 shares formed the optimal portfolio. These shares were BBCA 17.21%, PWON 16.35%, WIKA 12.95%, KLBF 7.45%, GGRM 6.51%, BBNI 5.68%, UNVR 5.35%, UNTR 4, 92%, ICBP 4.65%, ADRO 3.81%, JSMR 3.21%, ASII 3.00%, SMGR 2.78%, TLKM 2.08%, PTBA 2.07%, INDF 1.90% , BMRI 0.06%, and INTP 0.02%.
EFFORTS TO IMPROVE WORK DISCIPLINE AND ISLAMIC WORK ETHICS WITH WOMEN'S LEADERSHIP ROLES: EFFORTS TO IMPROVE WORK DISCIPLINE AND ISLAMIC WORK ETHICS WITH WOMEN'S LEADERSHIP ROLES Musoli Musoli; Seto Satriyo Bayu Aji
JPIM (Jurnal Penelitian Ilmu Manajemen) Vol 8 No 2 (2023): JPIM (JURNAL PENELITIAN ILMU MANAJEMEN)
Publisher : Universitas Islam Lamongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30736/jpim.v8i2.1621

Abstract

The purpose of this research is to empirically study employee perceptions of their work in working in micro, small and medium enterprises (MSMEs). The research design uses a quantitative approach through research instruments. The unit of analysis in this study is MSME employees in Yogyakarta who have worked for at least 1 year. Data were collected through face-to-face distribution by researchers with Purposive sampling technique was used to collect this research sample. The total respondents in this study are 138 who are employees of MSMEs in the Special Region of Yogyakarta. This study shows that female leadership has a significant positive effect on Islamic work ethics. The empirical findings also show a significant positive effect of female leadership on work discipline and Islamic work ethics has a significant positive effect on work discipline.
Pendampingan Akreditasi Lembaga Kesejahteraan Sosial Anak (LKSA) untuk penguatan kelembagaan dan peningkatan mutu layanan Panti Asuhan Muhammadiyah/Aisyiyah se-D.I. Yogyakarta Diska Arliena Hafni; Fitri Maulidah Rahmawati; Seto Satriyo Bayu Aji; Raisya Nuraini Putri; Muhammad Ibnu Hajar Al-Haetami; Suli Lurhito
SELAPARANG: Jurnal Pengabdian Masyarakat Berkemajuan Vol 8, No 3 (2024): September
Publisher : Universitas Muhammadiyah Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31764/jpmb.v8i3.25864

Abstract

AbstrakLembaga Kesejahteraan Sosial Anak (LKSA) Muhammadiyah/Aisyiyah se-D.I.Y berjumlah 24 panti asuhan. Hanya 4 LKSA Muhammadiyah/Aisyiyah se-D.I.Y (17%) yang Terakreditasi A, 6 LKSA (25%) Terakreditasi B,  4 LKSA Muhammadiyah/Aisyiyah se-D.I.Y (17%) yang Terakreditasi C dan 10 LKSA (41%) Tidak Terakreditasi. Akreditasi dimaksudkan untuk menentukan tingkat kelayakan dan standarisasi penyelenggaraan kesejahteraan sosial. Ada enam standar dalam akreditasi yakni program pelayanan, proses pelayanan, manajemen organisasi, sumber daya manusia, sarana prasarana dan hasil pelayanan. Akreditasi LKSA penting dilaksanakan untuk manjamin kualitas layanan LKSA, meningkatkan profesionalisme, transparansi, dan akuntabilitas untuk memupuk kepercayaan para pemangku kepentingan terhadap LKSA. Tujuan pengabdian ini untuk meningkatkan wawasan pengetahuan dan kesiapan pelaksana pelayanan di LKSA Muhammadiyah/Aisyiyah se-D.I.Y tentang standar dan proses pengajuan akreditasi yang ditetapkan oleh Badan Akreditasi Lembaga Kesejahteraan Sosial. Metode yang digunakan yaitu sosialisasi, pelatihan dan pendampingan. Tujuan pengabdian masyarakat ini berupa pendampingan atau bimbingan teknis. Hasil kegiatan menunjukkan bahwa wawasan pengetahuan dan kesiapan pelaksana pelayanan di LKSA Muhammadiyah/Aisyiyah se-D.I.Y tentang standar dan proses pengajuan akreditasi mengalami peningkatan. Kata kunci: pendampingan; akreditasi; panti asuhan anak Abstract Muhammadiyah/Aisyiyah has 24 Child Welfare Institutions (LKSA) throughout D.I.Y. Only 4 Muhammadiyah/Aisyiyah LKSAs in D.I.Y (17%) are Accredited A, 6 LKSAs (25%) are B Accredited, 4 Muhammadiyah/Aisyiyah LKSAs in D.I.Y (17%) are C Accredited and 10 LKSAs (41%) are Not Accredited. Accreditation is intended to determine the appropriateness and standardization of social welfare implementation. There are six standards in accreditation, namely service programs, service processes, organizational management, human resources, infrastructure, and service results. LKSA accreditation is essential to ensure the quality of LKSA services and increase professionalism, transparency, and accountability to foster stakeholder trust in LKSA. This service aims to increase the knowledge and readiness of service implementers at LKSA Muhammadiyah/Aisyiyah throughout D.I.Y regarding the standards and process for applying for accreditation set by the Social Welfare Institutions Accreditation Body. The aim of this community service is in the form of technical assistance or guidance. The methods used are socialization, training, and mentoring. The activity results show that the knowledge and readiness of service implementers at LKSA Muhammadiyah/Aisyiyah throughout D.I.Y regarding standards and the accreditation application process has increased. Keywords: accompaniment; accreditation; children's orphanage
Analysis of the cost recovery rate for inpatient services under the national health insurance scheme at hospital X in Yogyakarta Hafni, Diska Arliena; Aji, Seto Satriyo Bayu; Andriani, Monika
Journal of Accounting and Investment Vol. 26 No. 1: January 2025
Publisher : Universitas Muhammadiyah Yogyakarta, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jai.v26i1.23520

Abstract

Research aims: This study aims to analyze the cost recovery rate of inpatients under the National Health Insurance (NHI) program at Hospital X in Yogyakarta. Design/Methodology/Approach: This study employed an explanatory sequential mixed-methods design using a case study approach. The cases to be examined involved NHI inpatient patients in the Respiratory, Cardiology, and Obstetrics-Gynecology departments. Data will be analyzed using the Cost Recovery Rate (CRR) formula.Research findings: The CRR for inpatient NHI patients at the Respiratory Clinic shows a CRR value of 143%, while the CRR values for the Cardiology, Obstetrics, and Gynecology Clinics are 95% and 80%, respectively. Cross subsidization from clinics with positive CRR values can be implemented to ensure that the hospital's Revenue from Social Security Agency for Health (SSAH) claims remains positive overall. Theoretical contribution/ Originality: This research has made a valuable contribution to the accounting literature on hospital entities, a field that remains significantly underexplored. Practitioner/Policy implication: The findings of this research can serve as a valuable asset for hospitals and the government in formulating policies that promote the enhancement of equitable and sustainable healthcare services for stakeholders.Research limitation/Implication: The limitation of this study is that it only examined the CRR values of inpatient NHI patients in a single hospital, focusing exclusively on inpatients in the NHI Respiratory, Cardiology, and Obstetrics and Gynecology departments.
THE INFLUENCE OF ENVIRONMENTAL SOCIAL GOVERNANCE (ESG) ON FINANCIAL PERFORMANCE WITH AUDIT QUALITY AS A MODERATION IN LISTED HEALTH SECTOR COMPANIES ON THE IDX IN 2021-2023 Al Haetami, Muhammad Ibnu Hajar; Rifandi, Muhamad; Aji, Seto Satriyo Bayu
Proceeding of International Conference on Social Science and Humanity Vol. 2 No. 1 (2025): Proceeding of International Conference on Social Science and Humanity
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/icossh.v2i1.79

Abstract

Objective: This study aims to analyze the influence of Environmental, Social, and Governance (ESG) implementation on the financial performance of health sector companies listed on the Indonesia Stock Exchange in the 2021-2023 period, with audit quality as a moderating variable. This study measures financial performance using ROA, EVA, and Tobin's Q indicators to provide empirical evidence of the role of ESG in improving corporate sustainability and financial value. Methods: This study uses a quantitative approach with secondary data from the financial and sustainability reports of 13 healthcare sector companies selected through purposive sampling. Data analysis was conducted with regression and moderation tests, while ESG disclosure was measured based on GRI standards. Results: The results show that the implementation of ESG has a positive and significant effect on ROA, EVA, and Tobin's Q. In addition, audit quality, especially by Big Four auditors, strengthens the relationship between ESG and financial performance through increased transparency and credibility. Companies with good ESG disclosures tend to attract investors, enhance reputation, and achieve long-term profitability and sustainability. Novelty: This study contributes to the literature by integrating audit quality as a moderating factor and focusing on the healthcare sector, which remains under-researched in the context of ESG in Indonesia. The findings emphasize the importance of ESG as a key strategy for sustainable growth and stakeholder trust building.
The impact of whistle-blowing on the effectiveness of forensic audits and investigative audits in fraud detection: A multigroup analysis of gender and experience Urumsah, Dekar; Rahmida, Mislya; Hamdani, Rizki; Aji, Seto Satriyo Bayu
Journal of Contemporary Accounting Volume 5 Issue 3, 2023
Publisher : Master in Accounting Program, Faculty of Business & Economics, Universitas Islam Indonesia, Yogyakarta, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jca.vol5.iss3.art4

Abstract

The study investigates the impact of whistle-blowing, forensic audit, and investigative audit on fraud detection, with gender and experience serving as potential moderators. Structured equation modeling (SEM) is used to study the relationships between determinants. This study also seeks to understand the role of gender and experience in determining fraud detection through multigroup analysis. The data used for the analysis includes 97 auditors from the Supreme Audit Agency (BPK RI) and the Financial and Development Supervisory Agency (BPKP) who work in the investigation unit. The findings reveal that whistle-blowing positively and significantly influences forensic audit, investigative audit, and, ultimately, fraud detection. Both forensic and investigative audits also exhibit positive and significant impacts on fraud detection. Moderation effects of gender and experience were not observed in the relationships between whistle-blowing and the aforementioned audits or fraud detection. These findings suggest that the implementation of whistle-blowing systems can facilitate fraud reporting, improve early warning for fraud detection, and function as an effective oversight tool to prevent internal violations in government institutions. This study contributes valuable empirical evidence regarding the interplay between whistle-blowing, forensic and investigative audits, fraud detection, and the moderating roles of gender and experience. It effectively addresses knowledge gaps and offers potential contributions to existing theories, particularly concerning the nuanced influence of gender and experience on fraud detection.
THE INFLUENCE OF ENVIRONMENTAL COSTS AND CARBON PERFORMANCE ON FINANCIAL PERFORMANCE: THE MEDIATING ROLE OF ENVIRONMENTAL PERFORMANCE Amalia, Hanifah Adhe; Aji, Seto Satriyo Bayu
International Journal of Accounting Innovation Vol. 1 No. 2 (2025): June
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijai.v1i2.11

Abstract

Objective: This study investigates the intricate relationships between environmental costs, carbon performance, and financial performance within corporate frameworks. The primary objective is to elucidate how environmental performance mediates the relationship between carbon performance and financial outcomes. Method: The study employs a quantitative approach, utilizing purposive sampling to select a population of energy sector companies listed on the Indonesia Stock Exchange from 2021 to 2023. A total of 17 companies were included in the final sample, resulting in 51 observations. Data collection techniques involved the use of financial reports and sustainability disclosures, while analysis was conducted using statistical software to perform regression analysis and hypothesis testing. Results: The results indicate that companies demonstrating robust carbon performance, characterized by reduced emissions, tend to experience enhanced environmental performance, which subsequently leads to improved financial performance. Novelty: The novelty of this research lies in its exploration of environmental costs as both a necessary expenditure and a strategic investment that can yield long-term financial benefits. It differentiates itself from prior studies by focusing specifically on the energy sector in Indonesia, providing new insights into how environmental initiatives can be leveraged for financial gain. Furthermore, it reinforces the notion that effective environmental management is not merely a regulatory obligation but a strategic investment that can yield significant returns.