scholarly journals MOTIVASI MANAJEMEN LABA DALAM KAPITALISASI BIAYA RISET DAN PENGEMBANGAN

2013 ◽  
Vol 3 (2) ◽  
Author(s):  
YUSLI MARIADI ◽  
SUTRISNO SUTRISNO ◽  
ROSIDI ROSIDI
Keyword(s):  
Earnings Management ◽  
Regression Model ◽  
Stock Exchange ◽  
Accounting Standards ◽  
Financial Accounting ◽  
Manufacturing Companies ◽  
Tobit Regression ◽  
Earnings Smoothing ◽  
Debt Covenant ◽  
Tobit Regression Model

<p><em>The capitalization of research and development (R&amp;D) costs is a controversial accounting issue because of the contention that such capitalization is motivated by incentives to manipulate earnings. Indonesian Financial Accounting Standards (SAK) allows for the capitalization of R&amp;D costs. Based on a sample of manufacturing companies of Indonesia Stock Exchange from 2009 to 2011, this study examines whether companies’ decisions to capitalize R&amp;D costs are affected by earnings-management motivations such as earnings smoothing and to avoid violating debt-covenant. In addition, this study aims to show that the capitalization of R&amp;D costs affects the level of firms’ earnings-management. Using a Tobit regression model to test the first and second hypotheses and linear regression model to test third hypotheses, the results show that the companies do capitalize the R&amp;D costs for earnings-smoothing and reducing the risk of violating debt-covenants purposes. In addition, the results show that the capitalization of R&amp;D cost affects the level of firms’ earnings-management and it is a part of earnings management.</em></p> <p><em> </em></p> <p><em><br /></em></p>

scholarly journals TRANSAKSI DENGAN PIHAK BERELASI DAN PRAKTIK TRANSFER PRICING DI INDONESIA

2021 ◽  
Vol 2 (2) ◽  
pp. 34-52
Author(s):  
Raymondo Sitanggang ◽  
Amrie Firmansyah
Keyword(s):  
Content Analysis ◽  
Stock Exchange ◽  
Transfer Pricing ◽  
Accounting Standards ◽  
Financial Statements ◽  
Multinational Companies ◽  
Financial Accounting ◽  
Manufacturing Companies ◽  
Arm’S Length Principle ◽  
State Finance

This study aims to review transactions conducted by multinational companies operating in Indonesia related to transfer pricing activities. This study uses qualitative methods using two approaches, content analysis, and interviews. The content analysis aims to obtain related party disclosure information in the financial statements as stipulated in PSAK No. 7 (2015). The data used in the financial statements of manufacturing companies in the consumer goods industry sector are included in multinational companies and listed on the Indonesia Stock Exchange from 2014-2017. Meanwhile, interviews were conducted to confirm the data obtained through content analysis. The informant in the interview is one of the Polytechnic of State Finance STAN lecturer, who has academic expertise in international tax accounting and transfer pricing. This study concludes that, in general, multinational companies operating in Indonesia have disclosed related party information in their financial statements. Furthermore, the assessment of the fairness of transactions with related parties related to transfer pricing is based on the arm's length principle. The results of this study indicate the need for broader disclosure of financial accounting standards in Indonesia and the harmonization of taxation regulations in Indonesia with tax regulations in other countries related to transfer pricing practices.     Penelitian ini bertujuan untuk untuk mengulas transaksi-transaksi yang dilakukan oleh perusahaan multinasional yang beroperasi di Indonesia terkait dengan aktivitas transfer pricing. Penelitian ini menggunakan metode kualitatif dengan menggunakan dua pendekatan, yaitu content analysis dan wawancara. Content analysis bertujuan untuk mendapatkan informasi pengungkapan pihak-pihak yang berelasi dalam laporan keuangan sebagaimana diatur dalam PSAK No. 7 (2015). Data yang digunakan adalah laporan keuangan perusahaan manufaktur sektor industri barang konsumsi yang termasuk dalam kategori perusahaan multinasional dan terdaftar di Bursa Efek Indonesia dari tahun 2014-2017. Sementara itu, wawancara dilakukan dengan tujuan untuk mengkonfirmasi data-data yang diperoleh melalui content analysis. Informan dalam wawancara adalah salah satu dosen Politeknik Keuangan Negara STAN yang memiliki keahlian akademis dalam akuntansi perpajakan internasional dan transfer pricing. Penelitian ini menyimpulkan bahwa secara umum perusahaan multinasional yang beroperasi di Indonesia telah mengungkapkan informasi pihak-pihak berelasi dalam laporan keuangannya. Selanjutnya, penilaian kewajaran transaksi dengan pihak berelasi terkait dengan transfer pricing berdasarkan arm’s length principle. Hasil penelitian ini mengindikasikan perlunya pengungkapan yang lebih luas dalam standar akuntansi keuangan di Indonesia dan harmonisasi peraturan perpajakan di Indonesia dengan peraturan perpajakan di negara lain-lain terkait dengan praktek transfer pricing.  

Operating Efficiency Analysis of Energy Industries in Taiwan

2013 ◽  
Vol 869-870 ◽  
pp. 612-620 ◽  
Author(s):  
Nattanin Ueasin ◽  
Anupong Wongchai
Keyword(s):  
Regression Model ◽  
Stock Exchange ◽  
Efficiency Score ◽  
Operating Efficiency ◽  
Data Envelopment ◽  
Tobit Regression ◽  
Factors Affecting ◽  
Taiwan Stock Exchange ◽  
Energy Companies ◽  
Tobit Regression Model

The energy business has played an important role in an economic growth of Taiwan because the market share is in the high value that can make a significant contribution towards regional and local employment. However, Taiwan is lack of energy resources, making the country highly relies on an import for more than 98 percent of its all energy. At present, a top priority of the countrys policy is to develop clean, sustainable, independent, and efficient energy in order to eliminate the vulnerability from external disruption. Therefore, this research aims to assess the operating efficiency and to analyze factors affecting the efficiency scores of the registered energy companies in the Taiwan Stock Exchange (TWSE) recorded during 2003-2012. The super-efficiency data envelopment analysis (SE-DEA) was initially applied to reveal the additional efficiency scores, followed by the Tobit regression model used to analyze what factors determine the efficiency scores. The empirical results showed that seven DMUs performed efficiently, ranking from 7.29 to 1.02. The company with the best operating performance was Taiwan Cogeneration Corporation (TCC), while the Great Taipei Gas Corporation (GTG) revealed the worst efficiency score. Furthermore, the Tobit regression model explained that the higher number of the local employees, the greater the efficiency scores were. Besides, the lower number of the shareholders, the greater the efficiency scores were. As a result, the Taiwans government is supposed to encourage all energy companies to have a higher number of local employees and shareholders to increase their efficiency scores.

scholarly journals Properties of Accounting Income in Indonesia: Net Income and Total Comprehensive Income

2018 ◽  
Vol 7 (3.21) ◽  
pp. 261
Author(s):  
Dwi Fitri Puspa ◽  
Listiana Srimulatsih ◽  
Zaitul .
Keyword(s):  
Value Relevance ◽  
Stock Exchange ◽  
Accounting Standards ◽  
Sampling Technique ◽  
Financial Accounting ◽  
Net Income ◽  
Manufacturing Companies ◽  
Comprehensive Income ◽  
Significant Difference

Introduction- This study aims to investigate the quality of net income and total comprehensive earnings from four properties or characteristics. The characteristics in question are persistence, variability, predictability and value relevance. The samples of the research are manufacturing companies listed in Indonesian Stock Exchange in 2012. By employing sampling technique based on the criteria, 24 companies were selected as samples with period of data collection from2012 to 2014. There are six hypotheses tested by using regression technique. The results of the research show some findings, namely that net income is more persistent than total comprehensive income, there is no significant difference in the variability between total comprehensive income and net income, net income has the ability to predict cash flow and net income for the upcoming year is better than the total comprehensive income and the relevance of net income is different from the total comprehensive income both by applying price and return model. IFRS convergence financial accounting standards require companies that have public accountability in Indonesia to present a comprehensive income statement that includes the presentation of net income, other comprehensive income and total comprehensive income. The results of the research on the characteristics of net income and total comprehensiveness benefit for various parties such as investors, financial analysts and creditors concerned with the quality of profit that is characterized from 4 perspectives mentioned before.. For the financial accounting standards setter, results of this study provide information about the quality of comprehensive earnings. 

scholarly journals The Motivation of Earnings Management Practices in Indonesia Companies: Board of Directors Perspective

2021 ◽  
Vol 58 (1) ◽  
pp. 5075-5087
Author(s):  
Abshor Marantika Et al.
Keyword(s):  
Earnings Management ◽  
Board Of Directors ◽  
Research Method ◽  
Quantitative Methods ◽  
Management Practices ◽  
Stock Exchange ◽  
Financial Statements ◽  
Manufacturing Companies ◽  
Political Cost ◽  
Debt Covenant

This study provides evidence about underlying motivation the director encouraged practice of earnings management. Directors of manufacturing companies in Indonesia was to be sample in this research whose companies are listed on the Indonesia Stock Exchange (IDX). This research explores fourth types of motivation where are bonus motivation, political motivation, debt covenant motivation, and taxation motivation. The research method carried out using quantitative methods by questionnaire. Sample study used board of directors in Indonesia Stock Exchange (IDX). Research method analyzed by multiple regression. The results of this study reveal that the four of motivations have effect on earnings management practices. The evidence also shows that the highest directors motivation for earning management is come from political cost motivation.  Then, it followed by bonus motivation, taxation motivation and debt covenant motivation. The fact is an overview the regulation condition in Indonesia plays important role in being intervention of financial statements presented by the company, while bonus motivation is also significant for young directors in conducting earnings management practices on Indonesia companies.

scholarly journals PENGARUH MODAL INTELEKTUAL TERHADAP MANAJEMEN LABA RIIL DAN FUTURE STOCK RETURNS

2017 ◽  
Vol 16 (2) ◽  
pp. 107
Author(s):  
Tendy Wato
Keyword(s):  
Earnings Management ◽  
Stock Returns ◽  
Multiple Regression ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Financial Accounting ◽  
Real Earnings Management ◽  
Manufacturing Companies ◽  
Knowledge Based ◽  
Study Support

<p><em>This study aims to examine the influence of Intellectual Capital (IC) on Real Earnings Management (MR) and  Future Stock Returns (FSR) in the manufacturing companies listed in Indonesia Stock Exchange (IDX).  The data used was obtained using multiple  regression of 27 companies manufacturing for the period 2007 to 2013. Model IC using VAICTM of Pulic (2000), Model Manajemen Laba Riil (MR) of Roychowdhury (2006) and the FSR of Sloan (1996). Model analysis of the test data is performed by Multiple Regression. The results showed a partial effect on the IC to MR- PROD, MR-DISX and MR-CFO. IC has affect the FSR significantly. The overall results of this study support the theory resourced-based and knowledge-based. Research of Intellectual Capital (IC) is a new one in Indonesia, so that the data associated with the IC is still difficult to obtain. Also there is no official standard referenced in particular the Financial Accounting Standards (IFRSs) Indonesia in calculating the IC. The paper shows that intellectual capital is an important element affecting the future stock returns with real earnings management as intervening. The paper’s finding suggest that it is necessary to improve the transparency of the accounting information, so as to reduce  real earnings management,  especially in cash flow operation and improve earnings quality to some extent, which provides valuable reference for the company’s decision. This paper extends prior research by addressing the potential effects of IC on future stock returns with real earnings management as intervening.  The findings reported in this paper provide novel insights to the empirical financial accounting literature.</em></p><p><em>Keyword: Intellectual  capital, real earning management, future stock returns.</em></p>

PENGARUH PERJANJIAN HUTANG, KONDISI KEUANGAN PERUSAHAAN TERHADAP MANAJEMEN LABA

2009 ◽  
Author(s):  
Resti Yulistia
Keyword(s):  
Logistic Regression ◽  
Earnings Management ◽  
Significant Influence ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Financial Condition ◽  
Debt Covenant

The objective of this research is to examine whether debt covenant and financial condition influence earnings management. Earnings management that used in this research consists of income increasing earnings management (1) and income decreasing earnings management (0). Sample consists of 71 manufacturing companies that were listed at Jakarta Stock Exchange (now, Indonesia Stock Exchange) since 1997-2003. Hypotheses are examined by using logistic regression. The results show that financial condition influence income increasing earnings management, but there is no significant influence between firms with debt covenant and income increasing earnings management. 

scholarly journals ANALISIS MANAJEMEN LABA PADA PERUSAHAAN DI SEKTOR INDUSTRI FOOD AND BEVERAGES YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2015-2016

2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Irene V. Runturambi ◽  
Winston Pontoh ◽  
Natalia T. Gerungai
Keyword(s):  
Earnings Management ◽  
Stock Exchange ◽  
Accounting Standards ◽  
Secondary Data ◽  
Financial Statements ◽  
Financial Accounting ◽  
Industry Sector ◽  
Interesting Topic ◽  
Food And Beverages ◽  
Almost All

Earnings management becomes an interesting topic of discussion. One of the thinking that as long as done in accordance with Indonesian Financial Accounting Standards it is difficult to say as earnings management. However, accountants tend to use accounting treatment to meet certain interests. The purpose of this study is to determine whether there is earnings management in companies in the Food and Beverages Industry Sector listed on the Indonesia Stock Exchange. The data used in this study is secondary data derived from the financial statements of companies listed on the Indonesia Stock Exchange in 2015-2016. The results showed that almost all companies that become the object of research to did earnings management, either by lowering or increasing the company's profit.Keywords: Earnings Management

scholarly journals PENGARUH STRUKTUR CORPORATE GOVERNANCE DAN KONTRAK HUTANG TERHADAP PRAKTIK MANAJEMEN LABA PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

2014 ◽  
Vol 1 (2) ◽  
pp. 68
Author(s):  
Rei Adrianto ◽  
Idrianita Anis
Keyword(s):  
Earnings Management ◽  
Sampling Method ◽  
Stock Exchange ◽  
Governance Structure ◽  
Financial Statement ◽  
Manufacturing Companies ◽  
Company Value ◽  
Election Method ◽  
Debt Covenant ◽  
Spss Software

Earning management is management action that has shape of interference in course of<br />financial statement compilation with a view to improve its prosperity in personal and<br />also company value. The thesis is being written to analyzing influence corporate<br />governance structure and debt covenant toward earnings management on<br />manufacturing companies listed in Indonesia Stock Exchange. Election Method sample<br />uses purposive sampling method with population is manufacturing companies that<br />listed in Indonesia Stock Exchange. There are 36 samples of manufacturing companies with perception period for three years (2009 till 2011). Data processed using SPSS software for windows.

scholarly journals Analysis of Factors Affecting the Restatement of Financial Statements

2021 ◽  
Vol 2 (4) ◽  
pp. 45-55
Author(s):  
Kusmeylinda Kusmeylinda ◽  
Wahidahwati Wahidahwati ◽  
Titik Mildawati
Keyword(s):  
Earnings Management ◽  
Sampling Method ◽  
Audit Quality ◽  
Stock Exchange ◽  
Financial Statements ◽  
Ceo Turnover ◽  
Financial Accounting ◽  
Manufacturing Companies ◽  
Factors Affecting ◽  
Positive Effect

The convergence of IFRS has brought an impact on the changes of financial accounting standards in Indonesia. The variation provide an opportunity for the restatement of financial statements. Therefore, this study aimed to examine CEO turnover, earnings management, and audit quality on the restatement of financial statements of manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the period of2014 to 2018. In this study, purposive sampling method was carried out to consider samples with predetermined criteria. The obtained data were about 376 and analyzed using logistic regression with the SPPS 24.0 tool. As the results of data analysis, this study indicated that the CEO turnover had a positive effect on restatement; the earnings management had a positive effect on restatement; and the audit quality had no effect on restatement of financial statements.

scholarly journals Properties of Accounting Income in Indonesia: Net Income and Total Comprehensive Income

2019 ◽  
Vol 8 (2S9) ◽  
pp. 810-816
Keyword(s):  
Value Relevance ◽  
Stock Exchange ◽  
Accounting Standards ◽  
Sampling Technique ◽  
Financial Accounting ◽  
Net Income ◽  
Manufacturing Companies ◽  
Comprehensive Income ◽  
Significant Difference

Introduction- This study aims to investigate the quality of net income and total comprehensive earnings from four properties or characteristics. The characteristics in question are persistence, variability, predictability and value relevance. The samples of the research are manufacturing companies listed in Indonesian Stock Exchange in 2012. By employing sampling technique based on the criteria, 2 4 companies were selected as samples with period of data collection from2012 to 2014. There are six hypotheses tested by using regression technique. The results of the research show some findings, namely that net income is more persistent than total comprehensive income, there is no significant difference in the variability between total comprehensive income and net income, net income has the ability to predict cash flow and net income for the upcoming year is better than the total comprehensive income and the relevance of net income is different from the total comprehensive income both by applying price and return model. IFRS convergence financial accounting standards require companies that have public accountability in Indonesia to present a comprehensive income statement that includes the presentation of net income, other comprehensive income and total comprehensive income. The results of the research on the characteristics of net income and total comprehensiveness benefit for various parties such as investors, financial analysts and creditors concerned with the quality of profit that is characterized from 4 perspectives mentioned before. For the financial accounting standards setter, results of this study provide information about the quality of comprehensive earnings.

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