Garuda - Garba Rujukan Digital

Article Per Year (5 Year)

All

Jurnal Keuangan dan Perbankan

jkdp
Website

Published by Universitas Merdeka Malang

ISSN : - EISSN : - DOI : -

Core Subject : Economy,

Economics, Econometrics & Finance

Arjuna Subject : -

Articles 784 Documents

7 8 9 10 11

The Role of Corporate Governance as a Leverage Moderating and Free Cash Flow on Earnings Management Reni Yendrawati; Erin Febriana Asy’ari
Jurnal Keuangan dan Perbankan Vol 21, No 3 (2017): July 2017
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jkdp.v21i3.704

According to agency theory, there was a separation of function between principal and agent. This separation created different interest between principal and agent. This condition occurs because of the asymmetric information that the agent more knew company information than the principal. Therefore, it was interesting to study the actions of management. This research aimed to analyze the influence of leverage and free cash flow to earnings management and the ability to analyze the influence corporate governance consisting of managerial ownership, institutional ownership, independent commissioner, and audit committee in influencing earnings management on the listed manufacturing companies in Indonesia Stock Exchange during years 2010-2014. The results showed that leverage significantly influences to earnings management and free cash flow significantly influence to earnings management moderating variables that influence the relationship of leverage to earnings management is managerial ownership, independent commissioner, audit committee, and moderating variables that influence the relationship of free cash flow to earning management was managerial ownership and institutional ownership.DOI: https://doi.org/10.26905/jkdp.v21i3.704

The Impact of Adoption of XBRL on Information Risk in Representative Countries of Scandinavian Region Valentina Tohang; Michellen Lan
Jurnal Keuangan dan Perbankan Vol 21, No 4 (2017): October 2017
Publisher : University of Merdeka Malang

This study aimed to examine the impact of the adoption of eXtensible Business Reporting Language (XBRL) in reduced the information risk of financial reporting disclosures. Information transparency, information asymmetry, the efficiency of the information and also the quality of the information disclosures will impact upon information risk. An increased of information risk and information asymmetry will reduce transparency and efficiency of the financial disclosures due to the unqualified financial and non-financial information provided by the companies (Kim, Kim, No, 2011). Event return volatility (ERV) used to represent the occurrence of information risk. Used a sample of listed companies in the Scandinavian region of the European Union (EU), we found that XBRL adoption had lowered the occurrence of information risk. This finding supported by prior studies which stated, that a decrease in the degree of ERV, as a proxy of lower information risk, may directly impact the information quality, information efficiency, and information transparency. By detected the existence of information risk, stakeholders can more aware of the necessity to ensured the quality of the reporting information disclosure. This paper also highlighted the benefits of adopting XBRL as a reporting standard to improved the company’s reporting disclosure.DOI: https://doi.org/10.26905/jkdp.v21i4.1525

What's the Best Factor to Determining Firm Value? Neneng Susanti; Nanda Gyska Restiana
Jurnal Keuangan dan Perbankan Vol 22, No 2 (2018): April 2018
Publisher : University of Merdeka Malang

This study aims to determine the factors that affect the firm value in the LQ-45 Index companies in Indonesia. Independent variables in this study are company size, company age, capital structure, financial performance, and company profit. This research uses purposive sampling method and multiple regression analysis with total sample 108 from 2013-2016. The result of the research shows that company size will negatively affect firm value will have an adverse effect on the company's growth so that investor interest will tend to decrease. Company age influences firm value so that it can increase trust for an investor to invest. Capital structure influences firm value so it can reduce the impact on company expense and the level of debt. The financial performance affects the firm value will have an impact on the increase of investors in the company, corporate profits negatively affect the firm value so it should be able to increase further the company sales in generating profits to be distributed to shareholders.JEL Classification: G32DOI: https://doi.org/10.26905/jkdp.v22i2.1529

KUALITAS LABA DAN PENGUNGKAPAN SUKARELA DAMPAKNYA TERHADAP BIAYA MODAL EKUITAS MELALUI ASIMETRI INFORMASI Ibnu Abni Lahaya
Jurnal Keuangan dan Perbankan Vol 21, No 2 (2017): April 2017
Publisher : University of Merdeka Malang

This study aimed to examine the effect of earning quality and voluntary disclosure on cost ofequity capital with information asymmetry as an intervening variable. The study was conductedby analyzing 118 manufacturing companies listed in Indonesia Stock Exchange during the years2013 to 2015 by using path analysis. The results of this study indicate that information asymmetrymediating the relationship of earnings quality and voluntary disclosure on cost of equitycapital. These findings indicate that the company may affect the cost of equity capital by minimizethe degree of information asymmetry with improving earning quality and expanding voluntarydisclosure.The reduced cost of equity capital caused by low rate of return required by investorsbecause the information presented to minimize the level of information asymmetry. This studyindicates that information has an important role to lowering information asymmetry and cost ofequity capital, as indicated by the response of investors and other market participants to theinformation disclosed by company.

CORPORATE GOVERNANCE DAN ETNISITAS TERHADAP PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY Trudy Maryona Nussy
Jurnal Keuangan dan Perbankan Vol 17, No 1 (2013): January 2013
Publisher : University of Merdeka Malang

The objective of research was to examine the effect of corporate governance and ethnicity on the disclosure ofCorporate Social Responsibility (CSR). Corporate governance mechanisms used in this research were managerialownership, institutional ownership, independent commissioner, and audit committee. Research was conductedagainst the companies listed in Indonesia Stock Exchange in the period of 2005 and 2011. Samplingtechnique was purposive sampling. Hypothesis testing was conducted by independent sample t-test and multipleregressions. Test and analysis were carried out separately in 2005 and 2011. The result of researchindicated that there was a difference in the CSR disclosure rate. The use of CSR in Indonesia in 2011 washigher than that in 2005. The managerial ownership and the institutional ownership influenced CSR disclosurein 2005, while independent commissioner, audit committee and ethnicity did not influence CSR disclosurein 2005. The disclosure of CSR in 2011 was affected by institutional ownership, independent ownershipand audit committee. The managerial ownership and ethnicity did not influence CSR disclosure in this year.

CORPORATE GOVERNANCE DAN STRUKTUR KEPEMILIKAN TERHADAP MANAJEMEN LABA DAN KINERJA KEUANGAN Lusye Corvanty Kumaat
Jurnal Keuangan dan Perbankan Vol 17, No 1 (2013): January 2013
Publisher : University of Merdeka Malang

The research was aimed to examine the effect of corporate governance and ownership structure on profitmanagement and financial performance. Corporate governance mechanisms that were used in this researchwere managerial ownership, independent commissioner and audit committee. Ownership structure that wasused was concentrated ownership structure. Research was conducted on the manufacturing companies thatwere listed at Indonesia Stock Exchange in period of 2007-2011. Sampling technique was purposive sampling.Hypothesis testing tool was multiple regression. Earning management in this research was measuredusing Modified Jones Models, while financial performance was measured by cash flow return on assets (CFROA).Result of research indicated that managerial ownership, independent commissioner, and ownership structurewas positively influencing profit management. Independent commissioner and ownership structure positivelyinfluenced financial performance, while managerial ownership negatively influenced financial performance.Audit committee was not influencing earning management and financial performance, and earning managementwas not proved as influencing financial performance.

INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN PERUSAHAAN PUBLIK DI INDONESIA Indra Suyoto Kurniawan
Jurnal Keuangan dan Perbankan Vol 17, No 1 (2013): January 2013
Publisher : University of Merdeka Malang

The purpose of this study was to examine the relationship between the efficiency of the value added to thecompanys resources in the main components (physical capital, human capital, structural capital) and researchersare trying to add the market value of the three dimensions of a companys financial performance isROA, ATO, and GR. The data is taken from the 44 public companies engaged in non financial sector for 3 years(2009-2011). This study is an empirical study using PLS as a data analysis tool. The findings of this studysuggest that having an IC on the financial performance of the company, the IC also has a positive effect on thefinancial performance of companies in the future. While the rate of growth for the company IC (ROGIC) within3 years of observation there is a difference, where to ROGIC2009-2010 does not affect the financial performance in2010, ROGIC2010-2011 positive effect on the financial performance for the year 2011. The findings suggest thathuman capital (VAHU) and physical capital (VACA) is an indicator of a positive effect IC for two years ofobservation, while the capital structure (STVA) has a positive effect only in 2010 while the market value (MV)effect only in 2011. While the ROA and the ATO as an indicator of financial performance consistent effect forthree years of observation. And for the year 2010 was significant for all indicators either IC or financialperformance.

INFORMASI INTELLECTUAL CAPITAL DALAM LAPORAN ANALIS SEKURITAS: BERMANFAATKAH BAGI INVESTOR? C. Erna Susilawati
Jurnal Keuangan dan Perbankan Vol 17, No 1 (2013): January 2013
Publisher : University of Merdeka Malang

The role of intellectual capital to increase value of the firm, prompting securities analyst to include informationabout that into securities analyst report. The value of analyst report explored by previous researchers. However,information about intellectual capital in securities analyst report is not widely studied. The purpose ofthis research to investigate the value of intellectual capital information in the securities analyst report forinvestor and tries to explore the role of securites analyst to reduce asymmetry information. The result showedthat intellectual capital information used by investor and thus effects the trading volume. The other findingsshow that intellectual capital information reinforces the influence of the revision of stocks recommendation totrading volume. Abnormal return of stock when the analyst reports contain intellectual capital information ishigher than that do not contain such information.

INTERDEPENDENSI ANTARA INSIDER OWNERSHIP, KEPUTUSAN INVESTASI, DAN RISIKO BISNIS Indri Erkaningrum Florentina
Jurnal Keuangan dan Perbankan Vol 17, No 1 (2013): January 2013
Publisher : University of Merdeka Malang

Asymmetric information and agency issues made stockholders need to control business activities throughoptimalization insider ownership and investment decision. Optimalization of insider ownership and investmentdecision were expected to make business risk controlled. This research aimed at verifying empirically theinfluencing factors of insider ownership, investment decision, business risk, and finding the interdependencyamong insider ownership, investment decision, and business risk. The samples of this research were 90 realestate and property companies listed at Indonesia Stock Exchange from the year of 2006 to 2010. Simultaneousequation model of three stage least squares (3 SLS) was applied to analyze the interdependency among insiderownership, investment decision, and business risk. The analysis result of interdependency among insiderownership, investment decision, and business risk showed that: there was interdependency between insiderownership and investment; there was interdependency between insider ownership and business risk; investmentinfluenced business risk. The empirical evidence of interdependency among insider ownership, investmentdecision, and business risk helped the companies make financial policies.

FAKTOR-FAKTOR YANG MEMENGARUHI PENGUNGKAPAN SUKARELA INTERNET FINANCIAL AND SUSTAINABILITY REPORTING Yulius Kurnia Susanto; Yosafat Pujo Lukito
Jurnal Keuangan dan Perbankan Vol 17, No 1 (2013): January 2013
Publisher : University of Merdeka Malang

Internet Financial and Sustainability Reporting (IFSR) was voluntary disclosure. With no specific regulationson IFSR, some companies disclosed its informations about financial, sustainability, products, etc at companyswebsite independenly. Its website could interest investor, creditor, and internet user to know more about thecompany. The objective of this research was to test and analyze the factors that affected the voluntary disclosureby IFSR Index. Firm size, return on equity, leverage, liquidity, companys status, profitability, and outsideownership were the independent variables of this research. The samples of this research were 92 manufacturingcompanies listed at Indonesia Stock Exchange during 2008 till 2010 that had been selected by using purposivesampling method. The result of this research revealed that firm size and leverage influenced Internet Financialand Sustainability Reporting. Big companies had a good reporting information system and leaned to have theresources to produce more information.

Page 9 of 79 | Total Record : 784

7 8 9 10 11

Filter by Year

2000 2023

Filter By Issues

All Issue Vol 27, No 3 (2023): July 2023 Vol 27, No 2 (2023): April 2023 Vol 27, No 1 (2023): January 2023 Vol 26, No 4 (2022): OCTOBER 2022 Vol 26, No 3 (2022): JULY 2022 Vol 26, No 2 (2022): APRIL 2022 Vol 26, No 1 (2022): January 2022 Vol 25, No 4 (2021): October 2021 Vol 25, No 3 (2021): Juli 2021 Vol 25, No 2 (2021): April 2021 Vol 25, No 1 (2021): January 2021 Vol 24, No 4 (2020): October 2020 Vol 24, No 3 (2020): July 2020 Vol 24, No 2 (2020): April 2020 Vol 24, No 1 (2020): January 2020 Vol 23, No 4 (2019): October 2019 Vol 23, No 3 (2019): July 2019 Vol 23, No 2 (2019): April 2019 Vol 23, No 1 (2019): January 2019 Vol 22, No 4 (2018): October 2018 Vol 22, No 3 (2018): July 2018 Vol 22, No 2 (2018): April 2018 Vol 22, No 1 (2018): January 2018 Vol 21, No 4 (2017): October 2017 Vol 21, No 3 (2017): July 2017 Vol 21, No 2 (2017): April 2017 Vol 21, No 1 (2017): January 2017 Vol 20, No 3 (2016): September 2016 Vol 20, No 2 (2016): May 2016 Vol 20, No 2 (2016): Jurnal Keuangan dan Perbankan Mei 2016 Vol 20, No 1 (2016): January 2016 Vol 19, No 3 (2015): September 2015 Vol 19, No 3 (2015): September 2015 Vol 19, No 2 (2015): May 2015 Vol 19, No 1 (2015): January 2015 Vol 18, No 3 (2014): September 2014 Vol 18, No 2 (2014): May 2014 Vol 18, No 1 (2014): January 2014 Vol 17, No 3 (2013): September 2013 Vol 17, No 2 (2013): May 2013 Vol 17, No 1 (2013): January 2013 Vol 16, No 3 (2012): September 2012 Vol 16, No 2 (2012): May 2012 Vol 16, No 1 (2012): January 2012 Vol 15, No 3 (2011): September 2011 Vol 15, No 2 (2011): May 2011 Vol 15, No 1 (2011): January 2011 Vol 14, No 3 (2010): September 2010 Vol 14, No 2 (2010): May 2010 Vol 14, No 1 (2010): January 2010 Vol 13, No 3 (2009): September 2009 Vol 13, No 2 (2009): May 2009 Vol 13, No 1 (2009): January 2009 Vol 12, No 3 (2008): September 2008 Vol 12, No 2 (2008): May 2008 Vol 12, No 1 (2008): January 2008 Vol 1, No 1 (2000) More Issue

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name
-

Contact Email
-

Phone
-

Journal Mail Official
-

Editorial Address
-

Location
Kota malang,

Jawa timur

INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name -

Contact Email -

Phone -

Journal Mail Official -

Editorial Address -

Location Kota malang, Jawa timur INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Contact Name
-

Contact Email
-

Phone
-

Journal Mail Official
-

Editorial Address
-

Location
Kota malang,

Jawa timur

INDONESIA