This study investigates the association of industry specialization at the engagement partner level and audit firm level with aggressive earnings management and modified audit opinion. The study employs a sample of 570 firm-year observations of manufacturing industries on the Indonesia Stock Exchange from 2014 to 2018 using a binary logistic regression model. First, this study finds no evidence of a relationship between industry specialization at the engagement partner level and audit firm level with aggressive discretionary accruals. Furthermore, the author finds evidence of a positive association between industry specialization at the audit firm level and aggressive real earnings management due to high audit quality. Finally, the study finds evidence that industry specialization at audit firm level is likely to issue modified audit opinion. This study contributes to the study of industry specialization at the engagement partner level and audit firm level, which is rarely performed in Indonesia. Policy makers and capital market players might learn some lessons from the audit quality of external auditors with industry specialists as the gatekeeper of the capital market. Moreover, this study has provided a valuable perspective to practitioners, researchers, and policy makers in other emerging markets regarding the quality of industry specialization at the partner and audit firm level.
The research to examine how much financial stability, financial target, external pressure, nature of industry, ineffective monitoring, rationalization, capability and oship have effect partially and simultaneously to fraud pentagon. The research subjects used were manufacturing companies and were listed on the BEI in the 2014-2018 period. The results of this study are financial stability has a significant influence on fraudulent financial reporting. Rationalization has a significant effect on fraudulent financial reporting. Arrogance partially has a significant influence on fraudulent financial statements, financial target, external pressure, nature of industry, ineffective monitoring, rationalization, capability and oship simultaneously have a significant effect on fraudulent financial statements. Key Words: Financial performance, Efficiency Operation, Firm Growth, Leverage, Fraud
Abstract. This study was conducted to effect of economic value added, market value added, altman zscore, and corporate social responsibility on volatility Stock Return. Samples were taken from companies that conducted an Initial Public Offering on the Indonesia Stock Exchange from 2018 to 2020 using a purposive sampling method, thus obtaining sample data of 71 companies. Data will be tested using data panel eviews10 program. The results of this study indicate that (1) Economic Value Added have negative effect and no significant effect on Stock Return , (2) Market Value Added have negative effect and no significant effect on Stock Return, (3) Altman Zscore have negative effect and significant effect on Stock Return, (4) Corporate Social Resposibility have negative effect and significant effect on Stock Return, (5) Corporate Social Resposibility have memoderate economic value added on Stock Return , (6) Corporate Social Resposibility have memoderate market value added on Stock ReturnAbstrak. Penelitian ini menguji pengaruh economic value added, market value added, altman zscore, dan corporate social responsibility terhadap volatilitas likuiditas saham. Sampel diambil dari perusahaan yang melakukan Initial Public Offering di Bursa Efek Indonesia dari tahun 2018 sampai dengan tahun 2020 dengan menggunakan metode purposive sampling, sehingga diperoleh data sampel sebanyak 71 perusahaan. Data akan diuji menggunakan program data panel eviews10. Hasil penelitian ini menunjukkan bahwa (1)Economic Value Added berpengaruh negatif dan tidak signifikan terhadap likuiditas saham, (2)Market Value Added berpengaruh negatif dan tidak signifikan terhadap likuiditas saham, (3)Altman Zscore berpengaruh negatif dan berpengaruh signifikan terhadap likuiditas saham, (4)Corporate Social Resposibility berpengaruh negatif dan signifikan terhadap likuiditas saham, (5)Corporate Social Resposibility dapat memoderasi economic value added terhadap likuiditas saham, (6) Corporate Social Resposibility dapat memoderasi market value added terhadap likuiditas saham
Tujuan dari penelitian ini adalah untuk mengetahui apakah financial stability, external pressure, nature of industry, ineffective monitoring, rationalization dan capability dapat mengukur fraud diamond, baik secara parsial maupun secara simultan. Metode pengujian yang digunakan dalam penelitian ini adalah regresi linier. Subjek dari penelitian adalah perusahaan manufaktur yang termasuk dalam sektor industri dasar dan kimia yang terdaftar di Bursa Efek Indonesia periode 2014-2016. Data yang digunakan dalam penelitian ini adalah data sekunder seperti laporan keuangan. Hasil dari penelitian ini adalah (1) financial stability yang diproksikan dengan Agrow secara parsial memiliki pengaruh signifikan terhadap fraudulent financial statement. (2) rationalization yang diproksikan dengan TATA secara parsial memiliki pengaruh signifikan terhadap fraudulent financial statement. (3) financial stability, external pressure, nature of industry, ineffective monitoring, rationalization dan capability secara simultan memiliki pengaruh yang signifikan terhadap return saham. The objective of this research is to examine the effect of financial stability, external pressure, nature of industry, ineffective monitoring, rationalization and capability both partially and simultaneously towards fraud diamond, The testing method used in this research is linear regression. The subject of this study are manufacturing companies which were listed in Bursa Efek Indonesia in the period 2014-2016. The samples are 31 companies determined based on purposive sampling. The data used in this study are secondary data such as financial statements. The results of this study are (1) financial stability is proxied by Agrow partially have a significant effect towards fraudulent financial statement. (2) rationalization is proxied by TATA partially have a significant effect towards fraudulent financial statement. (3) financial stability, external pressure, nature of industry, ineffective monitoring, rationalization and capability simultaneously have a significant effect towards fraudulent financial statement
This research aims to evaluate the internal control of the inventory cycle at PT. STI, Tbk. The author evaluates internal controls based on COSO (sponsor organization committee) to analyze the results of a comparison between internal controls based on the COSO (sponsor committee)framework and company internal control. The main factor in the inventory of PT. STI, Tbk is to meet customer needs, therefore PT. STI, Tbk must increase internal control in the company to improve the efficiency and effectiveness of the company's operational performance, especially in reducing the level of losses incurred in the company and reducing the risk of fraud in the company. The purpose of this study is to determine the systems and procedures for recording inventory cycles as well as weaknesses and strengths in the company's internal control. This type is qualitative research and data collect through interviews, observation and documentation. Data sources used by the authors use primary data. The author's research results indicate that PT. STI, Tbk has implemented elements of internal control based on the COSO framework effectively
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