Economics

Pengalihan ini dilakukan dalam rangka menindaklanjuti kebijakan otonomi daerah dan desentralisasi fiskal dan juga untuk meningkatkan local taxing power. Tujuan dari penelitian ini adalah untuk menganalisis Penerapan Peraturan Daerah (Perda) Nomor 20 Tahun 2011 Tentang Pajak Bumi Dan Bangunan Perdesaan Dan Perkotaan (PBB-P2) pada Pemerintah Kabupaten Sorong. Jenis penelitian yang digunakan adalah penelitian deskriptif dengan pendekatan kualitatif yakni untuk memberikan gambaran secara jelas mengenai masalah-masalah yang diteliti. Hasil penelitian menunjukkan bahwa Peraturan Daerah Nomor 20 Tahun 2011 sudah diterapkan dengan baik meski masih banyak hambatan-hambatan yang terjadi dalam pemungutan PBB-P2 karena merupakan tahun pertama dalam pelaksanaannya. Pemerintah Kabupaten sebaiknya meningkatkan pelayanan kepada masyarakat, kualitas serta kuantitas SDM yang mengelola PBB-P2 agar penerimaan PAD dapat meningkat.

This study examines whether ownership structure which was divided into blockholder ownership, managerial ownership, and public ownership had influence on corporate governance disclosure, and whether growth opportunities moderate that influence. Studies in this area mostly examined the role of ownership structure on corporate financial disclosure or public announcements conducted in the context of different countries and in more regulated industries in Indonesia. The scope of this study was manufacturing companies listed on the Indonesian Stock Exchange for the period of 2013. The results showed that between the ownership structures only blockholder ownership had a negative and significant influence on the corporate governance disclosure. Being the largest shareholders, blockholders might have better access on the inside information which made them better informed relative to other shareholders, thus arguably might desire less disclosure. The results also showed that the interaction variable between managerial ownership and growth opportunities was negative and significant. This indicates that in a growing company where the managerial ownership increases, the management would tend to reduce the corporate governance information they provided to the stakeholders. ABSTRAK Penelitian ini menguji apakah struktur kepemilikan yang dibagi menjadi kepemilikan blockholder, kepemilikan manajerial, dan kepemilikan publik memiliki pengaruh terhadap pernyataan tata kelola perusahaan, dan apakah kesempatan bertumbuh memoderasi pengaruh tersebut. Adapun kebanyakan penelitian di bidang ini hanya mengusut peran struktur kepemilikan terhadap pernyataan keuangan perusahaan atau pengumuman publik, dilakukan di luar Indonesia dalam konteks negara yang berbeda, sedangkan yang ada di Indonesia dilakukan pada industri yang sangat ketat dikendalikan oleh aturan. Obyek penelitian ini adalah perusahaan-perusahaan manufaktur yang terdaftar dalam Bursa Efek Indonesia untuk periode tahun 2013. Hasil penelitian ini menunjukkan bahwa di antara struktur kepemilikan yang ada, hanya kepemilikan blockholder yang memiliki pengaruh negatif signifikan terhadap pernyataan tata kelola perusahaan. Sebagai pemegang saham terbesar dalam perusahaan, blockholder kemungkinan besar memiliki akses yang lebih baik terhadap informasi dalam perusahaan yang membuat mereka lebih banyak tahu kondisi perusahaan dibandingkan pemegang saham yang lain, yang kemudian menyebabkan penyajian informasi dalam pernyataan tata kelola perusahaan menjadi lebih terbatas. Hasil penelitian ini juga menunjukkan bahwa variabel interaksi antara kepemilikan manajerial dan kesempatan bertumbuh juga negatif signifikan. Hal ini menunjukkan bahwa pada perusahaan yang sedang bertumbuh ketika kepemilikan manajerial bertambah, manajemen akan cenderung mengurangi informasi yang disajikan dalam pernyataan tata kelola perusahaan.

This research aimed to identify the factors that contributed to the employee retention in the tertiary educational institution in Indonesia. The researchers used a case study of a private university in East Indonesia. This research was an exploratory factor analysis research. The items generated from in-depth interviews were developed into a questionnaire and distributed to 165 employees of the particular university based on purposive sampling method. About 105 respondents were obtained. The researchers utilized SPSS to analyze the data. The result shows that performance management function, organizational culture, employee engagement, social support, and work environment are the main factors contributing to the employee retention in the university. Among those factors, the performance management function is the factor with the highest factor loading.

This study aimed to find out the competence needed by fresh graduates based on the perceptions of acounting practitioners. This study used a combination of qualitative and quantitative methods and used the statistical technique of exploratory factor analysis. A qualitative method was used in identifying variables to be studied, while quantitative method was used in grouping or categorizing of those variables into certain factors. This study used 40 variables developed based on the interview results and questionnaires filled by 100 respondents consisting of accounting practitioners namely those who worked in accounting and finance deparment starting from staff level up to financial directors spread across various companies in Indonesia. The results of the study found eight main competencies that should be possessed by accounting students based on the perceptions of the employers. Those competencies were (1) work ethics, (2) interpersonal skills, (3) good leadership, (4) responsibility, (5) analytical ability, (6) skills, (7) ability to adapt, and (8) work experience.

This study examines the value relevance of accounting information. This study investigates whether accounting information has impact on the share prices. In addition, it examines whether earnings management moderates the value relevance of accounting information to the market. Accounting information in this study consists of earnings, book value of equity, and cash flows, and the earnings management is proxied by discretionary accruals measured using the performance-adjusted modified Jones model. Using time series analysis, there are 98 samples of listed manufacturing corporations used in this study during 2014 which is the period of this study. The results show that earnings, book value of equity, and cash flows simultaneously affect the share prices, meaning that accounting information is value relevant to the market, although there is evidence that partially, only cash flows have impact on share prices. This study also found that the presence of earnings management weakens the va...

This study examines whether environmental performance has value relevance by investigating the relations between environmental emissions and stock prices for the U.S. public companies. The previous studies argued that the conjectured relations between accounting performance measures and environmental performance do not have a strong theoretical basis, and the modeling of relations between market per-formance measures and environmental performance do not adequately consider the relevance of accounting performance to market value. Therefore, this study examines whether publicly reported environmental emissions provide incremental information to accounting earnings in pricing companies stocks. It is done among the complete set of industries covered by Toxics Release Inventory (TRI) reporting for the period 2007 to 2010. Using Ohlson model but modified to include different types of emis-sions, it is found that ground emissions (underground injection and land emissions) are value relevan...

The purpose of this research was to examine the impact of ownership structure, dividend policy, firm size, and capital structure on agency cost. The sample that was used in this research consisted of 32 manufacturing companies listed on Indonesia Stock Exchange in 2010 and 2011. This study used simple linear regression analysis to test the data. Using the convidence interval of 95%, statistical results show that the insider ownership and the capital structure have significant and negative impact on the agency cost. On the other hand, it is found that the institutional ownership has significantly positive impact on the agency cost. However, researcher found no evidence that the dividend policy and firm size have significant impact on the agency cost. These results could be considered as one of the criteria to create proper corporate governance for firms’ management as well as investment criteria for investors.

Dividend policy is a policy of the company to be aware and careful consideration. In the dividend policy determined amount of profit allocation that can be distributed to shareholders (dividends) and the allocation of retained profits to the company. The greater the retained earnings, the smaller the dividend to be distributed to the shareholders. In the allocation of income arises various problems encountered. Announcement of the distribution of dividends by a company is a signal to shareholders. This study aims to determine the effect of the Current Ratio (CR), Collateralizable Asset (COL), Return on Equity (ROE) and the Growth of the Dividend Payout Ratio (DPR) Studies on the Indonesia Stock Exchange Period 2005-2011. The population in this study is the Company's Financial Statements listed on the Stock Exchange the share dividend. The samples are 8 companies during 2005-2011. The research instrument used secondary data and processed using SPSS 20, with the method of analysis used is multiple linear regression analysis. Results of statistical research concludes that the Current Ratio, Collateralizable Assets, Return on Equity, and Growth together no significant effect on Dividend Payout Ratio on manufacturing companies in Indonesia Stock Exchange, also partially, Current Ratio, Collateralizable Assets, Return on equity, and Growth no significant effect on Dividend Payout Ratio on manufacturing companies in Indonesia Stock Exchange. The suggestion of this study is to further research, this study only uses the sample derived from a manufacturing company that can not necessarily be generalized to other industries. This is due to the limited time of the study. It is recommended in future studies could be expanded scope of research-type kejenis other industries also added the study variables such as Debt to Equity Ratio (DER), Return on Equity (ROE), and the ratio-the ratio of the other. And also expected in future studies to add a longer time span.