scholarly journals The Influence of the Financial Distress, Conflict of Interest, and Litigation Risk on Accounting Conservatism

2020 ◽  
Author(s):  
Ristya Mar'atus Sholikhah ◽  
Ani Wilujeng Suryani
Keyword(s):  
Conflict Of Interest ◽  
Financial Distress ◽  
Conflicts Of Interest ◽  
Accounting Conservatism ◽  
Annual Reports ◽  
Litigation Risk ◽  
Financial Conditions ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Government

This study aims to determine the effect of financial distress, conflict of interest, and litigation risk on the implementation of accounting conservatism. Data were collected from 20 annual reports of a manufacturing company in Indonesia, which is being experienced financial distress from the period 2014 to 2017. Model data analysis in this research is panel data regression. The results of this study indicate that financial distress can reduce the application of accounting conservatism. Relatively low conflicts of interest between investors and creditors have not been able to influence accounting conservatism. However, conservative reporting can avoid the litigation risk in the future. This research can be an input for companies to recognize early financial conditions, so they can overcome problems that might occur. For investors, creditors, and the government must monitor the behavior and actions of managers in presenting financial statements so as not to harm other parties. For further research can use financial that are prone to detect financial distress and add samples from other company sectors. Keywords: Accounting Conservatism, Financial Distress, Conflict of Interest, Litigation Risk

scholarly journals Telaah Literatur Tentang Faktor-Faktor yang Mempengaruhi Konservatisme Akuntansi

2012 ◽  
Vol 8 (2) ◽  
Author(s):  
Lia Alfiah Dinanar Hati
Keyword(s):  
Conflict Of Interest ◽  
Financial Distress ◽  
Accounting Conservatism ◽  
Litigation Risk ◽  
Political Costs

This paper examine several factor that impact to accounting conservatism practice. Conservatism is commonly defined as the differential verifiability required for recognition of profits versus losses. Regardless of the different opinion about role of accounting conservatism, in fact, this principle is still in uses until now and be one of the dominant principle in accounting. Through this article the author do review of several previous studies about accounting conservatism at Indonesia and other country. From several review we conclude that accounting conservatism is affected by factors of contracting, litigation risk, political costs, regulations, financial distress and conflict of interest between shareholders and bondholders.

scholarly journals Analisis Faktor-Faktor yang Memengaruhi Konservatisme Akuntansi

2020 ◽  
Vol 3 (1) ◽  
pp. 29-49
Author(s):  
Nurul Afyani Mumayiz ◽  
◽  
Cahyaningsih Cahyaningsih ◽  
Keyword(s):  
Information Asymmetry ◽  
Stock Exchange ◽  
Capital Intensity ◽  
Accounting Conservatism ◽  
Litigation Risk ◽  
Investment Opportunity ◽  
Panel Data Regression ◽  
Investment Opportunity Set ◽  
Data Regression ◽  
Negative Effect

This study examinesthe effect of information asymmetry, litigation risk, investment opportunity set, and capital intensity on accounting conservatism. This study uses consumer goods sector companies listed on the Indonesia Stock Exchange from 2016 to 2018 as a research sample. The data analysis method used is panel data regression analysis using Eviews 9.0 software.The results showed that information asymmetry has a positive effect while litigation risk has a negative effect on accounting conservatism. Investment opportunity set and capital intensity have not to influence accounting conservatism.Suggestions for further researchers to examine prudence, in addition to accounting conservatism. For companies, investors, and creditorsare expected to pay attention to the level of information asymmetry and litigation risk because it can affect the level of accounting conservatism applied.

scholarly journals Islamic Social Reporting and Financial Distress In List of Sharia Securities

2020 ◽  
Vol 13 (2) ◽  
pp. 157
Author(s):  
Utari Evy Cahyani ◽  
Misnen Ardiansyah ◽  
Sunaryati Sunaryati
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Social Performance ◽  
Financial Statements ◽  
Social Reporting ◽  
Annual Reports ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Social ◽  
Index Value

<p>The number of sharia-approved companies in the Indonesia Stock Exchange is growing rapidly. It is important to see how the social performance of these companies, using Islamic Social Reporting Index (ISR Index). Financial Distress as an early sign of a company’s failure is also important to study. This study examines the relation between ISR Index and financial distress in list of sharia securities. The control variables apply in this research are SIZE, ROA, CR, WCTR, DER, and RETA. By using a sample of 129 companies from financial statements and annual reports (2014-2018), three models were built with the Modified Altmans Z-Score, Ohlson O-Score and Zmijewski Zm-Score as a proxy of financial distress. Based on ISR index calculation, the theme of products and services has the highest disclosure score. The lowest disclosure score is corporate governance theme. Panel data regression results show that ISR Index affects financial distress in the Modified Altman’s model. It means the higher the ISR index value, the greater the likelihood of companies run into financial distress. Whereas in Ohlson’s and Zmijewski’s model, ISR Index has no effect on financial distress.</p>

scholarly journals The Effect of Financial Distress, Firm Size, Leverage and Litigation Risk on The Application of Accounting Conservatism In Manufacturing Companies Listed In Indonesia Stock Exchange

2021 ◽  
Vol 6 (2) ◽  
pp. 100-106
Author(s):  
Ira Septriana ◽  
Hermawan Triyono ◽  
Agung Prajanto
Keyword(s):  
Firm Size ◽  
Financial Distress ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sample Selection ◽  
Accounting Conservatism ◽  
Litigation Risk ◽  
Test Results ◽  
Manufacturing Companies ◽  
Research Criteria

This research aims to analyze the effect of financial distress, firm size, leverage, and litigation risk on implementing the accounting conservatism of manufacturing companies in Indonesia. The population in this research is manufacturing companies listed on the Indonesia Stock Exchanged (IDX) over 2014-2018. Research sample selection used the purposive sampling method. Obtained company data that meet the research criteria as many as 169 companies, so that the total research data is 149 data. The analysis methods in this research are multiple regression analysis. Based on the test results of the research conclude that variables of the board of financial distress, firm size, and litigation risk have no effect on accounting conservatism implemented of manufacturing companies. Meanwhile, the variable of leverage affects the accounting conservatism's implemented by manufacturing companies.  Keywords: Conservatism Accounting. Financial Distress, Firm Size, Leverage, Litigation Risk 

scholarly journals THE EFFECT OF IMPORT FACILITIES FOR EXPORT PURPOSES, EXCHANGE RATES, AND INFLATION ON EXPORTS OF TEXTILES AND TEXTILE PRODUCTS

2020 ◽  
Vol 2 (2) ◽  
pp. 18-38
Author(s):  
Mohammad Fachrudin ◽  
Indah Puspitasari
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Textile Industry ◽  
Inflation Rate ◽  
Raw Materials ◽  
Export Performance ◽  
Fiscal Incentives ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Government

The Import Facility for Export Purpose (KITE) is the Government's effort to encourage export performance. Companies that receive the KITE facility obtain fiscal incentives and export their product to import raw materials. The textile and textile product (TPT) industry is a strategic industry and has been determined by the Government as a pilot industry in the Roadmap for Making Indonesia 4.0. The textile industry relies on imported raw materials, so that the KITE facility is needed to encourage growth and increase product competitiveness in the international market. This study aims to determine the effect of the KITE facility, the rupiah exchange rate against the U.S. dollar, and the inflation rate on Indonesia's textile exports. We used a sample of 37 industrial textile companies in Indonesia that received the KITE facility  2016 to 2018. This study uses a panel data regression model with independent variables: KITE facility, exchange rates, inflation, and exported dependent variable. The results showed that the KITE facility had a positive and significant effect on the textile industry exports. In contrast, the exchange rate and inflation had a negative and significant impact on Indonesia's textile industry exports. This study's implications for the Government can be used to formulate a national strategy to increase export.

Climate Change Accounting and Value Growth of Financial Institutions in West Africa

2021 ◽  
pp. 431-445
Author(s):  
Haruna Maama ◽  
Ferina Marimuthu
Keyword(s):  
Climate Change ◽  
Panel Data ◽  
West Africa ◽  
Financial Institutions ◽  
Annual Reports ◽  
Impact Of Climate Change ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact ◽  
Value Growth

The study investigated the impact of climate change accounting on the value growth of financial institutions in West Africa. The study used 10 years of annual reports of 47 financial institutions in Ghana and Nigeria. The climate change disclosure scores were determined based on the task force's recommended components on climate-related financial disclosure. A panel data regression technique was used for the analysis. The study found a positive and significant relationship between climate change accounting and the value of financial institutions in West Africa. This result implies that the firms' value would improve should they concentrate and enhance their climate change disclosure activities. The findings also revealed that the impact of climate change accounting on the value of financial institutions is positively and significantly higher in countries with stronger investor protection. These findings enable us to expand our understanding of the process of generating value for investors in financial institutions and society, generally.

scholarly journals KONFLIK KEPENTINGAN DALAM KEBIJAKAN REKLAMASI KAWASAN TELUK BENOA PROVINSI BALI Kajian tentang Konsep Tri Hita Karana

2019 ◽  
pp. 37-55
Author(s):  
Made Dwi Astika Tajem ◽  
Nur Saribulan
Keyword(s):  
Conflict Of Interest ◽  
Conflicts Of Interest ◽  
Snowball Sampling ◽  
Policy Conflict ◽  
Data Presentation ◽  
Bay Area ◽  
Collection Data ◽  
Development Concept ◽  
The Government ◽  
Descriptive Method

Conflict of Interest in the Reclamation Policy of the Benoa Bay Area in Bali Province. Study of the Concept of Tri Hita Karana. This study aims to analyze the occurrence of conflicts of interest in the reclamation policy of the Benoa Bay area which is associated with the traditional development concept of Tri Hita Karana. This study uses a qualitative approach with descriptive method. Data is collected through interviews, observation, and documentation. In determining the informants used purposive techniques and snowball sampling. To analyze the data used Fisher’s theory, with the stages of data collection, data reduction, data presentation and drawing conclusions. The results showed that there was still a conflict of interest between the government, the private sector and the community in the Benoa Bay reclamation policy. Conflict of interest occurred because of the issuance of Presidential Regulation No. 51 of 2014 which was deemed not in accordance with several laws and regulations, Regional Regulation (Perda) in Bali, and the development concept of Tri Hita Karana. Conflict resolution efforts have been carried out by the government but are considered to be less than optimal. Keywords: reclamation, conflict of interest, tri hita karana

scholarly journals PENGARUH KEPEMILIKAN INSTITUSIONAL, INTELLECTUAL CAPITAL, DAN LEVERAGE TERHADAP FINANCIAL DISTRESS

2019 ◽  
Vol 2 (2) ◽  
pp. 27
Author(s):  
Saskhia Irving Maest Purba
Keyword(s):  
Intellectual Capital ◽  
Financial Distress ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Sampling Technique ◽  
Institutional Ownership ◽  
Effect Model ◽  
Panel Data Regression ◽  
Data Regression

The purpose of this study is to determine the influence of institutional ownership (KI), intellectual capital (IC) and Leverage (DER) to financial distress (Springate) financial distress condition. Independent variables in this study are institutional ownership (KI), intellectual capital (IC) and Leverage (DER) and financial distress (Springate) partially or simultaneously. Population in this study is Manufacture companies’s sector listed on Indonesia Stock Exchange in 2014-2017. The sampling technique was using purposive sampling, obtained 128 sample data and use Panel data regression analysis using software Eviews 10. Random effect model was chosen after 3 regression panel test. Simultaneously, all the independet variables have significant effect to dependent variable (financial distress). Partially intellectual capital (IC) have negative significant effect with to financial distress. Leverage (DER) have positive significant effect to financial distress. But institutional ownership (KI) have no significant effect to financial distress. Keyword: Financial distress, Institutional Ownership, Intellectual Capital, Leverage

scholarly journals Indonesian Clove Competitiveness and Competitor Countries in International Market

2020 ◽  
Vol 9 (1) ◽  
pp. 39-54
Author(s):  
Adnan Putra Pratama ◽  
Dwidjono Hadi Darwanto ◽  
Masyhuri Masyhuri
Keyword(s):  
Panel Data ◽  
Sri Lanka ◽  
Market Share ◽  
Secondary Data ◽  
International Market ◽  
Panel Data Regression ◽  
Data Regression ◽  
The World ◽  
The Government ◽  
Star Position

Trade liberalization is currently demanding every country to increase the competitiveness of its products. Indonesia as the largest clove producer in the world has a major competitor in the international market. This study aims to determine the competitiveness of Indonesia's clove exports and competing countries in the international market and determine the factors that affect its competitiveness. The data used in this study are secondary data from five major producing countries namely Indonesia, Madagascar, Tanzania, Sri Lanka, and Comoros during the period 2000-2017 sourced from UNComtrade, FAO and the World Bank. Competitiveness is measured by Revealed Comparative Advantage (RCA), Acceleration Ratio (AR) and Export Product Dynamic (EPD) while the factors that affect competitiveness are used panel data regression methods using E-Views software. The results showed that Indonesia had the lowest RCA index, the AR value showed Madagascar and Tanzania were able to capture market share in the international market and the EPD value showed that all countries occupied the rising star position except Sri Lanka in the falling star position. Panel data regression analysis results show that the market share and GDP variables significantly influence the competitiveness of the main clove producing countries while the production variables and export prices do not significantly influence the country's competitiveness. The government must dare to take policies to limit clove imports and increase exports.

scholarly journals PERAN CORPORATE GOVERNANCE DALAM MENURUNKAN KEBANGKRUTAN PADA PERUSAHAAN DI INDONESIA

2017 ◽  
Vol 21 (3) ◽  
pp. 391
Author(s):  
Tasya Hilaliya ◽  
Farah Margaretha
Keyword(s):  
Corporate Governance ◽  
Firm Performance ◽  
Financial Distress ◽  
Manufacturing Industry ◽  
Negative Impact ◽  
Stock Exchange ◽  
Z Score ◽  
Panel Data Regression ◽  
Data Regression ◽  
Governance Practices

This research examines the influence of Corporate Governance on Firm Performance measured by Tobin's Q and Financial Distress measured by Z-score. The samples used were 72 companies engaged in the manufacturing industry are listed on the Indonesia Stock Exchange (BEI) for five years from 2011 to 2015. The analytical methods used in this research is panel data regression, discriminant analysis, and logistic regression. The results showed that (I) there is no significant impact between corporate governance practices on firm performance. (2) there is negative impact between corporate governance practices on financial distress. Then, the companies need to increase corporate governance in order to avoid possibility of financial distress and for the investor before making an investment should consider the factors that affect the firm performance and financial distress

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