Accounting

Kemampuan penerapan gcg dan pengungkapan csr memoderasi pengaruh kinerja keuangan pada nilai perusahaan
The purpose of this study was to know the ability the implementation of GCG and CSR disclosure in moderating influence of financial performance on the firm value. Financial performance is proxied by ROE and firm value proxied by PBV. This study used a non financial company listed on the Stock Exchange and included in the ranking CGPI consecutive years 2010-2012. Samples were obtained by 10 non ...


Do Scaling and Selection Explain Earnings Discontinuities?
Earnings distributions commonly exhibit statistically significant discontinuities at zero earnings, which are widely interpreted as evidence of earnings management to avoid a loss. In contrast, Durtschi and Easton (2005, 2009, hereafter DE) assert that discontinuities are instead explained by some combination of prior researchers' choice(s) of scaling and sample selection as well as a scaling-r...
Hedge Effectiveness Testing as a Screening Mechanism for Hedge Accounting: Does It Work?
Accounting for financial instruments has been subject to much controversy, particularly accounting practices related to derivatives held for hedging purposes. For cash flow hedges, poor matching may result when fair-value accounting is prescribed for the hedging instrument and historical cost is prescribed for the assets that generate the "highly probable forecast transaction" to be hedged. Fai...


Spreadsheet usage by management accountants: An exploratory study
Spreadsheets play an important role for managerial accountants. For these practitioners, spreadsheets are necessary tools for traditional responsibilities such as planning, budgeting, forecasting as well as newer decision-making responsibilities. Responsibilities for managerial accounting practitioners have shifted from a transaction-based focus to an emphasis on decision support, planning, and...
Information diffusion and the predictability of New Zealand stock market returns
This paper examines the impact of international predictors from liquid markets on the predictability of excess returns in the New Zealand stock market using data from May 1992 to February 201We find that US stock market return and VIX contribute significantly to the out-of-sample forecasts at short horizons even after controlling for the effect of local predictors, while the contribution by Aus...


Swimming Ducks Forecast the Coming of Spring”—The predictability of aggregate insider trading on future market returns in the Chinese market
This study systematically examines the ability of aggregate insider trading to predict future market returns in the Chinese A-share market. After controlling for the contrarian investment strategy, aggregate executive (large shareholder) trading conducted over the past six months can predict 66% (72.7%) of market returns twelve months in advance. Aggregate insider trading predicts future market...
Akuntansi bantengan : perlawanan akuntansi indonesia melalui metafora bantengan dan topeng malang
Abstrak: Akuntansi Bantengan: Perlawanan Akuntansi Indonesia melalui Metafora Kesenian Bantengan dan Topengan Malang. Tujuan studi ini mengusulkan bahwa melakukan perlawanan pada ‘kuasa’ yang sedang berperang merupakan usaha yang melelahkan. Bentuk perlawanan akan lebih bermakna bagi kepentingan rakyat apabila dilakukan oleh dan bagi rakyat. Pendekatan metafora digunakan untuk menelaah pera...

Membawakan cinta untuk akuntansi
Abstrak: Membawakan Cinta untuk Akuntansi. Artikel ini bertujuan mengkaji netralitas akuntansi modern atas laporan keuangan yang disajikan kepada para stakeholder. Sebagai bahasa bisnis, akuntansi berkomunikasi secara selective silence, lebih memilih diam atas berita buruk namun dengan segera menyampaikan berita baik untuk menarik perhatian pemilik modal dan kreditur. Kepentingan pihak yang leb...
Apa makna “keuntungan” bagi profesi dokter?
What is the meaning of “profit” for doctor profession? This research’s goal is to understand the meaning of “profit” which is seen from doctor’s side. With Intensionalism Hermeneutic as research method, this research concludes that there are four meanings of “profit” for doctor profession. The first meaning is material “profit” which is called as saving to fulfill doctor’s...

Unintended Consequences of Changing Accounting Standards: The Case of Fair Value Accounting and Mandatory Dividends
A growing body of literature investigates the interaction of changes in accounting standards with institutions such as investor protection laws and corporate governance mechanisms. We examine the unintended consequences of fair value accounting in determining mandated preferred dividends. We study the case of Russian energy conglomerate UES, which had a good corporate governance track record an...
How Top-down and Bottom-up Budgeting Affect Budget Slack and Performance through Social and Economic Exchange
This paper investigates the effects of a top-down (TD) versus bottom-up (BU) orientation in different stages of the budgetary target-setting process on slack and managerial performance. We use social exchange theory to explain the outcomes of these alternative budgetary arrangements, and complement the traditional focus on budgetary participation in target setting with a process-oriented perspe...

Arguments in Favour of Tax Neutral Cost Allocation
When considering corporate taxes in a cost allocation context a trade-off is generated for shareholders. On the one hand, accelerated depreciation increases the value of a project due to the depreciation tax shield. On the other hand, accelerated depreciation most likely does not induce robust goal congruency between managers and shareholders when utilizing residual income as an incentive syste...
The Modigliani and Miller Propositions: The History of a Failed Foundation for Corporate Finance?
The Modigliani and Miller (MM) propositions provide a foundation for corporate finance theory. Nevertheless, this paper argues that their adoption has led to a disengagement of such theory from the humanity of business, as well as, more broadly, from concepts of corporate strategic management. As a result, the context within which textbooks allow corporate investment and financial decisions to ...
Perepsi Karyawan atas Audit Manajemen Sumber Daya Manusia pada Kinerja Karyawan
Human resources management audit objectives are: workforce planning, recruitment, selection, orientation and placement, training and development. This study aimed to examine the effect of the perception of employees for audits of human resources in the employee's performance of The Haven Hotel Seminyak. The population in this study were all employees who work at The Haven Seminyak Bali. Obtaine...
Pengaruh kualitas laporan keuangan pada efisiensi investasi perusahaan pertambangan
1024x768Efisiensi investasi merupakan tingkat investasi optimal dari perusahaan dan perusahaan terhindar dari kondisi underinvestment dan overinvestment. Laporan keuangan merupakan salah satu faktor yang mempengaruhi kegiatan investasi. Melalui kualitas laporan keuangan yang baik, asimetri informasi akan dapat dikurangi sehingga kegiatan investasi dapat berjalan lebih efisien. Tujuan dari penel...