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Accelerating Transformation Program in Indonesian Regional Development Banks: The Importance of High-Quality Information Fettry, Sylvia; Djajadikerta, Hamfri; Lusanjaya, Gery Raphael
Journal of Accounting Research, Organization and Economics Vol 1, No 1 (2018): JAROE, Vol.1 No.1 August 2018
Publisher : Universitas Syiah Kuala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24815/jaroe.v1i1.10847

Abstract

Objective The role of Indonesia Regional Development Bank (RDB) as an agent of development in each specific operational area is expected to give a significant contribution to regional economics. The Transformation Program in Indonesian RDB started since 2015 is created to optimize the RDBs role. This study is aimed to gain some description about the level of information quality in Indonesian RDB, to obtain real situation on the implementation of Transformation Program in Indonesian RDB, and to test whether the high-quality information will accelerate the implementation of Transformation Program in Indonesian RDB.Design/methodology The study was conducted using data from the annual report of Indonesian RDBs and additional in-depth interview with RDB practitioners. The technique of purposive sampling is used in this study with the data availability criteria. The statistic analysis uses multiple regression with t-test and F-test to test the influence of information quality and some control variables on the implementation of Transformation Program in Indonesian RDB.Results The Indonesian RDBs quality of information still cannot be perceived at a high level. The implementation of Transformation Program in Indonesian RDBs has already run in the first phase of foundation building with various obstacles. The high-quality information produced by financial reporting of RDB is proven can accelerate the implementation of Transformation Program in Indonesian RDBs.Research limitations/implications The theoretical contribution of this study is giving empirical evidence that the information quality accelerates the implementation of Transformation Program in Indonesian RDB. The managerial implication is that Indonesian RDBs must improve their financial reporting system and create some innovations for the successful Transformation Program. The main limitation of this research is the limited scope of study. It is recommended to make further relevant research on the same issue in a wider context to get more enriched findings.Novelty/Originality The area of implementation of Transformation Program in Indonesian RDBs has been insufficiently examined currently. Thus, this study contributes to this area by examining whether high-quality information produced by financial reporting will accelerate the implementation of Transformation Program in Indonesian RDB.Keywords Information Quality, Financial Reporting, Banking Transformation.
ANALISIS PENGARUH RETURN ON ASSET TERHADAP HARGA SAHAM PADA DUA PERUSAHAAN PERTAMBANGAN INDONESIA Manggala, Nirvan; Fettry, Sylvia
REMITTANCE: JURNAL AKUNTANSI KEUANGAN DAN PERBANKAN Vol 6, No 2 (2025): REMITTANCE DESEMBER 2025
Publisher : Institut Teknologi dan Bisnis Swadharma

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56486/remittance.vol6no2.859

Abstract

This study aims to analyze the effect of return on assets on the stock prices of two well-known Indonesian mining companies with high market capitalization: PT Adaro Minerals Indonesia Tbk and PT Merdeka Copper Gold Tbk. The method used is quantitative, involving a simple linear regression analysis of data from both companies. The results of this study showed that ROA does not significantly affect the stock prices of both companies, which may be due to other external factors, such as related commodity prices, that also influence stock prices. From these findings, it is hoped that they will increase insight into the extent of ROA's influence on the stock prices of mining companies in Indonesia. Furthermore, it is hoped that investors can use these findings to make investment decisions without having to consider company performance as measured by ROA.Penelitian ini bertujuan untuk melakukan analisa pengaruh return on assetpada harga saham perusahaan sektor pertambangan Indonesia ternama dengan market capitalization tinggi yaitu PT Adaro Minerals Indonesia Tbk dan PT Merdeka Copper Gold Tbk. Metode yang digunakan adalah metode kuantitatif dengan melakukan analisa regresi linear sederhana pada data dari kedua perusahaan. Dari hasil penelitian ini didapatkan hasil bahwa ROA tidak berpengaruh signfikan terhadap harga saham kedua perusahaam yang dapat disebabkan oleh keberadaan faktor eksternal lain seperti harga komoditas terkait mepengaruhi harga saham. Dari temuan ini, diharapkan dapat menambah wawasan mengenai seberapa besar pengaruh ROA terhadap harga saham perusahaan sektor pertambangan di Indonesia. Selain itu, diharapkan untuk para investor dapat menggunakan temuan ini bahwa dalam pengambilan keputusan investasi mereka tidak perlu mempertimbangkan kinerja perusahaan dalam bentuk ROA.