This study examines to what extent biological asset reporting is corresponding to the Indonesian Statement of Financial Accounting Standard 69 (PSAK 69) among Indonesia Stock Exchange-listed agricultural firms. In their annual report, such companies should report how they recognize and measure the fair value of the living plants or animals’ assets. This study also examines factors that might impact the extent of disclosure of biological assets. The examined factors are biological asset intensity, concentrated ownership, audit committee effectiveness, profitability, and size. Biological asset disclosures were measured by a checklist derived from PSAK 69 and International Accounting Standard (IAS) 41 on Agriculture. This study uses 53 firm-year observations of the listed agriculture companies from 2017 to 2020. Multiple regression analysis findings indicate that biological asset intensity and firm size affect favorably the amount of biological asset disclosures. The results indicate that the greater the living plants or animals owned by a company and the larger the firm, the greater the commitment of a company to disclose its biological assets in its annual report. The study sheds light on the capital market authority agency’s current policy to strengthen factors that may impact agricultural companies’ disclosure of their biological assets.
Although there are many other factors that influence a country's economic development, banks are one of the most important factors in the economy. Considering that if the banking system is unstable and does not function efficiently, the allocation of funds will not work well, which can hamper economic growth. Therefore, the stability and financial system in the banking sector should be maintained and even enhanced for the sake of creating sustainable economic growth. The purpose of this research is to determine the effect of earning volatility, income smoothing, good corporate governance, and firm size on earnings quality. The object of the research was to use conventional banks listed on the Indonesian Stock Exchange in 2016-2019 period such as 30 companies which was determined through purposive sampling. The result of this research indicates that earning volatility and good corporate governance have no significant effect on earning quality but income smoothing and firm size have a significant effect on earning quality. Total assets and credit quality of the company can be seen from the level of maturity of the company which is considered to have prospects in generating better profits in the future and producing better returns. The information obtained from this research is expected to be used as consideration in making decisions regarding the importance of maintaining the quality of earnings in order to attract investors to invest in the company.
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