JAAF (Journal of Applied Accounting and Finance)
JAAF Journal of Applied Accounting and Finance is a biannual double blind peer reviewed journal published in two period, March and September. This professional journal devoted to the development of accounting and financial disciplines both in theory and practice. The policy of the journal is to publish the articles which provide an objective analysis based on scientific concepts, empirical research and factual data. The articles are useful and written by researchers, accounting analyst, financial analyst, business practitioners and students in all areas related to financial and accounting in business and education.
Articles
96 Documents
<![CDATA[Rising Star Exchange: An Alternative Capital Market for SME in Indonesia ]]>
<![CDATA[Masripah .]]>;
<![CDATA[Meizaroh .]]>;
<![CDATA[Alvita Yuniar]]>;
<![CDATA[Pramuditya Ardhana]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 5, No 1 (2021): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v5i1.1328
<![CDATA[The purpose of this paper is to formulate an ideal stock exchange to help Small-Medium Entity (SMEs) in getting the capital they need. SMEs face some difficulties to grow its business. Access to the capital market is one of their main obstacles. This research uses a descriptive approach. This research discusses the problem by using literature study and secondary data as a source of information which is then analysed to be interpreted. This paper analyses both equity crowdfunding and Indonesian Stock Exchange Acceleration Board as the currently available equity market for SMEs. The key takeaways from both capital markets then being used to develop a new capital market called Rising Star Exchange (RiSE). The results of this paper implicate that by having this stock exchange, SMEs will have better access to funding while the investors also get the level of protection they need. The paper contributes to the social, economic and business sciences. The results of this paper could be used by the government to formulate a regulatory environment which could support the growth of SMEs, by the SMEs to find another alternative source of fund, and by the investors to allocate their fund in SMEs investment. ]]>
<![CDATA[Intention to Use Credit Card among College Students in Greater Jakarta ]]>
<![CDATA[Suresh Kumar]]>;
<![CDATA[Lin Karlina]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 4, No 1 (2020): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v4i1.1227
<![CDATA[This study aims to determine the influence of the role of parents, financial knowledge, and customer's attitude towards credit card which are determinants of a person's intention to using a credit card. This study applied quantitative data analysis and used an online survey platform as a medium to distribute questionnaires consisting of 22 item statements. A total of 322 responses were collected with 302 valid responses with purposive sampling technique. Structural equation modelling was applied to test the hypothesis. The results of this study indicate that all hypotheses (parents’ role, financial knowledge, and attitude) toward intention to use credit card are accepted and the model is also very good where the coefficient of determination is close to one. This study provides a better understanding of customer intentions in determining the purchase decision using a credit card in Greater Jakarta area. This study also provides managerial implications for business and recommendations for future research.]]>
<![CDATA[Struktur Modal berdasarkan Pecking Order Theory pada Perusahaan Makanan dan Minuman di Indonesia ]]>
<![CDATA[pandu adi cakranegara]]>;
<![CDATA[Debby Danilla Wati]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 4, No 2 (2020): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v4i2.1119
<![CDATA[Pecking Order theory states that management will prioritize its own capital before using debt. If it is forced to need additional funds then management will choose to owe rather than issue equity. This study examines the management behavior in the food and beverage industry in Indonesia. The food and beverage industry in Indonesia today is the industry with the highest growth in Indonesia. This means that companies need funding to be able to capture this momentum. The method used is a quantitative method using multiple regression analysis. The samples taken are all food and beverage companies listed on the Indonesian Stock Exchange. From the findings of management authors in food and beverage companies tend to use debt and equity issuance and do not use cash flow generated from business. One of the reasons for this is that the company uses all the cash generated from the operating proceeds to invest directly in the company's internal projects to increase growth.]]>
<![CDATA[The Effects of Leverage, Investment Decision, Dividend Policy and Profitability, on Firm Value of the Automotive Sector Companies ]]>
<![CDATA[Heri Ispriyahadi]]>;
<![CDATA[Grace Aprilia Uli Putri]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 5, No 2 (2021): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v5i2.1168
<![CDATA[This paper examined the impact of leverage, investment decision, dividend policy and profitability on the firm value of the automotive sector companies from 2010 - 2016. There are 12 firms chosen using a purposive sampling technique implementing specific criteria. Those firms are publicly listed on the Indonesia Stock Exchange. Panel data regression (Pooled OLS, Fixed Effects, and Random Effects) is used in this research. The results have shown that leverage, dividend policy and profitability, have a positive and significant impact on firms' value. A rise in these factors will lead to an increasing stock price, whereas even though has has a positive impact, but investment decision not a substantial effect on company value.]]>
<![CDATA[Manufacturing Firm Value Drivers through Return on Assets, Return on Equity and Earning per Shares ]]>
<![CDATA[Gita Fitriningsih]]>;
<![CDATA[Ery Yanto]]>;
<![CDATA[Pandu Adi Cakranegara]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 5, No 2 (2021): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v5i2.3372
<![CDATA[The company's goal is to create value. Therefore, it is important for companies to know the source of the company's value creation. This study connects the independent factors that affect firm value, namely Return On Equity, Return On Assets, and Earning Per Shares. This research used a sample of 30 companies. The samples used in this research are manufacturing companies listed on the Indonesia Stock Exchange for the period 2017-2019 with the sampling technique using purposive sampling. The results indicated that the return on assets has no significant effect on share prices, return on equity has no significant effect on share prices, EPS has an significant effect on share prices and simultaneously return on assets, return on equity and earnings per share has an significant effect on share prices.]]>
<![CDATA[Implication of Corporate Governance and Financial Performance on Firm Value ]]>
<![CDATA[I Made Johan Wedia Putra]]>;
<![CDATA[Seriwati Ginting]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 5, No 2 (2021): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v5i2.1231
<![CDATA[This study seeks to examine the implications of corporate governance and financial performance on firm value. The population selected are all companies that follow CGPI (Corporate Governance Preception Index) scoring held by IICG (The Indonesian Institute for Corporate Governance) in 2015-2018. Sampling of the research is purposive sampling with samples criteria are public companies participate in CGPI scoring and publish their financial statements on Indonesia Stock Exchange’s website or publish on the official website of respective companies. The total population followed CGPI score was 137 companies, 55 of those are public companies and 5 samples are outlier data. The statistical test used in this research were descriptive statistics analysis and multiple regression analysis. This research results in findings that both simultaneously and partially there are implications for corporate governance and financial performance to firm value. Therefore, the implementation of corporate governance and financial information disclosure in companies is fundamental to realizing firm value.]]>
<![CDATA[Perencanaan Pajak dan Intensitas Aset Tetap terhadap Manajemen Laba: Agency Theory Perspective ]]>
<![CDATA[Dian Sulistyorini Wulandari]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 5, No 2 (2021): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v5i2.1128
<![CDATA[This study aims to determine the effect of tax planning and the intensity of fixed assets on earnings management. This study uses secondary data. The population of this study are real estate, property and construction companies listed on the Indonesia Stock Exchange during the 2016-2018 period. It has a total of 81 companies. Purposive sampling technique is used in order to obtain a sample of 32 companies that meet the criteria. This study uses linear regression analysis with a significance level of 5%. The results showed that tax planning and asset intensity had no significant effect on earnings management.]]>
<![CDATA[Pengaruh Good Corporate Governance Terhadap Peringkat Obligasi ]]>
<![CDATA[Putri Nurmala]]>;
<![CDATA[Akhmad Sigit Adiwibowo]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 5, No 2 (2021): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v5i2.1308
<![CDATA[Bond ratings are a scale of risk of all bonds traded, which indicates how safe a bond is. The security of a bond is indicated by its ability to pay interest and repay the loan principal. The purpose of this study is to find out empirical evidence that good corporate governance has an effect on bond ratings. This study uses secondary data. The population in this study are non-financial companies listed on the IDX in 2014-2018. The research sample was selected using purposive sampling method. After subtraction with several criteria, as many as 20 companies were set as the sample. The analysis technique in this study uses multiple linear regression analysis. The results of this study indicate that institutional ownership and audit committee have a significant effect on bond ratings. Meanwhile, the independent board of commissioners has no significant effect on bond ratings]]>
<![CDATA[Pendeteksian Financial Statement Fraud melalui Komponen Fraud Triangle ]]>
<![CDATA[Nurul Aini]]>;
<![CDATA[Eman Sukanto]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 5, No 2 (2021): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v5i2.3371
<![CDATA[The aim of this study is deemed to analyze the influence of fraud triangle as a tool to detect the fraud in a financial statement. The research focuses on the trading sector companies from 2014 to 2016 that are listed on the Indonesia Stock Exchange. After selecting these companies, 24 of them become the definite samples. They are divided into companies that are probable doing financial statement fraud and those which are not based on the model of Beneish M-Score. For that, this research uses logistic regression. The results show that those that have significant effect on financial statement fraud are external pressure, ineffective monitoring, and financial stability. And those insignificant variables include auditor change, financial target, and the nature of industry.]]>
<![CDATA[Corporate social responsibility and corporate financial fraud: evidence from China ]]>
<![CDATA[Wang Gen]]>;
<![CDATA[Andi Ina Yustina]]>;
<![CDATA[Andrianantenaina Hajanirina]]>;
<![CDATA[Mila Austria Reyes]]>
<![CDATA[ JAAF (Journal of Applied Accounting and Finance) Vol 6, No 1 (2022): JAAF (Journal of Applied Accounting and Finance) ]]>
Publisher : <![CDATA[President University Press ]]>
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DOI: 10.33021/jaaf.v6i1.3614
<![CDATA[With the development of globalization, corporate social responsibility has become a hot subject of shared concern for all nations in the globe. The lack of CSR performance in modern China has prompted worries about CSR in both academic and practical circles in China. In this work, the authors continue Liao's research and seek to re-analyze if CSR is connected to financial fraud. Through the analysis of A-share companies in the construction industry listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange, this paper finds that CSR scores are negatively correlated with financial fraud activities, which suggests that CSR companies are less likely to engage in financial fraud. Thus, to some degree, it may also argue that CSR is an ethical activity that has the power to minimize corporate financial misbehavior.]]>
