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Influence of Independent Commissioners and Audit Committee on the Performance of State-Owned Enterprises in Indonesia Moderated by Dual Positions of the Commissioner Dwi Setyo Aji; Lenggogeni Lenggogeni
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5539

Abstract

This study aims to examine the effect of the Independent Board of Commissioners and the Audit Committee on the Performance of State-Owned Enterprises in Indonesia. This study also examines the effect of concurrent positions of commissioners as a moderating variable which is thought to have an effect on the performance of state-owned enterprises. The dual position of the Commissioner is suspected to affect the role of the independent variable on the dependent variable. The Financial Performance of State-Owned Enterprises is proxied using Return on Assets (RoA), the Independent Board of Commissioners uses a proxy for the number of independent commissioners in the company, and the Audit Committee uses a proxy for the number of audit committee members in a company. The sample of this research is 20 State-Owned Enterprises that are listed on the Indonesia Stock Exchange (IDX) during the period 2016 to 2019, so that a total of 80 research samples are obtained. The analytical method used to test the hypothesis in this study is moderated regression analysis (MRA) and uses statistical tools in the form of the Eviews version 12 application. The results of this study indicate that the independent board of commissioners variable has no effect on the performance of State-Owned Enterprises, the Audit Committee variable has an effect on the Performance of State-Owned Enterprises, and Concurrent Positions of Commissioners have no effect and do not moderate the influence of independent commissioners and audit committees on the financial performance of State-Owned Enterprises.
Variables Affecting Fiscal Stress in Regency/City of Aceh Province 2016-2019 Period Dina Puspitorini; Lenggogeni Lenggogeni
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5522

Abstract

This study aims to determine the effect of Local Goverment Revenue(PAD), Balancing Funds, Other Legitimate Income and Capital Expenditures on Fiscal Stress. The population in this study are all districts and cities in Aceh Province, as many as 28 districts and 1 city. The sample was taken using the purposive sampling method, with the condition that districts and cities in Aceh Province provide Regional Government Financial Reports (LKPD) for 2016-2019 which provide an overview of the development of Regional Original Income, Balancing Funds, Other Legitimate Income and Expenditures. capital every year. The analytical method used to test the hypothesis is Multiple Linear Regression. The results of this study indicate that Local Goverment Revenuehas a positive effect on Fiscal Stress , Balance Fund has a negative effect on Fiscal Stress , Others Legitimate income has no effect on Fiscal Stress and Capital Expenditures have a negative effect on Fiscal Stress. Several local governments have different characteristics, so they need their own strategies to increase local revenues