Jurnal RAK (Riset Akuntansi Keuangan)

EARNINGS PER SHARE, RETURN ON EQUITY, INFLATION, AND INTEREST RATES ON STOCK PRICE

Febtia Devi Ananti, Siti Nurlaela, Endang Masitoh — Tue, 30 Apr 2024 00:00:00 +0000

This study aims to test and analyze the effect of earnings per share (EPS), return on equity (ROE), inflation, and interest rates on stock prices. The research population consists of consumer goods industry companies listed on the Indonesia Stock Exchange (IDX) during the period 2018 to 2022. This study used a purposive sampling technique with specific criteria. The samples of this study consist of 29 companies with a total of 126 observations. The analysis was carried out using a multiple linear regression approach. The results showed that earnings per share (EPS) has a positive effect on stock prices meanwhile return on equity (ROE) has a negative effect on stock prices. On the other side, inflation and interest rates do not affect stock prices.

THE DETERMINANTS OF FIRM VALUE OF PROPERTY AND REAL ESTATE COMPANIES IN INDONESIA

Adrian Tri Atmojo, Anita Wijayanti, Purnama Siddi — Fri, 10 May 2024 00:00:00 +0000

This study aims to examine and analyze the influence of profitability, liquidity, leverage, and stock prices on the firm value of property and real estate companies in Indonesia. The population in this study consists of 92 property and real estate companies listed on the Indonesia Stock Exchange from 2019 to 2022. The sample selection technique in this study uses purposive sampling. The sample used in this research consists of 19 companies over four consecutive years. The data analysis technique used in this study employs multiple linear regression analysis. Based on the test results conducted on the variables influencing the value of the companies, it can be concluded that liquidity, leverage, and stock prices have a positive effect on firm value. Meanwhile, profitability does not affect the value of the companies.

OVERVIEW OF FINANCIAL TECHNOLOGY IN BANKING SECTOR: A BIBLIOMETRIC STUDY

Alfiana Nur Fadhilah, An Nurrahmawati — Fri, 10 May 2024 00:00:00 +0000

This study aims to provide empirical evidence regarding the growth and trend of fintech-related publications in the banking sector and examine what variables are often associated with fintech. Utilizing bibliometric analysis via the VOSviewer application, this study analyzes 816 articles published on Scopus from 2013 to 2023. The results of this study indicate that research publications on fintech in the banking sector have been widely carried out in various countries. Several variables related to fintech and banking topics include technology, industry, covid, future, and blockchain. Some of the authors that are widely found are M.K. Hassan, H. Banna, and M.R. Rabbani which can be considered as references. The study's limitation lies in its inability to provide an overview of variable usage trends in 2023. This research is expected to provide implications for the development of future research, especially related to fintech and banking.

THE EFFECT OF INVESTMENT OPPORTUNITY SET (IOS), EARNINGS PERSISTENCE, AND FIRM SIZE ON EARNINGS QUALITY WITH INFORMATION ASYMMETRY AS A MODERATING VARIABLE

Safira Siwi Perwita Kusumawardhani, Dhyah Setyorini — Wed, 15 May 2024 00:00:00 +0000

This study examines the effect of investment opportunity set (IOS), earnings persistence, and firm size on earnings quality with information asymmetry as a moderating variable. The primary impetus for this study was the number of instances of financial statement manipulation, which indicated that the firm's earnings quality was low and earnings information was subject to change. In 2020-2022, the sample consisted of as many as 15 infrastructure firms listed on the IDX, selected using purposive sampling. This study employed multiple linear regression analysis, and moderated regression techniques to analyze the data. The results of this study showed that earnings quality was unaffected by the investment opportunity set (IOS) and earnings persistence. Meanwhile, the firm size did affect the earnings quality. According to the results of moderated regression analysis (MRA), information asymmetry did not reduce the effect of investment opportunity set (IOS), earnings persistence, and firm size on earnings quality.

THE EFFECT OF AUDIT LAG, AUDITOR’S REPUTATION, COMPANY SIZE, AND COMPANY GROWTH ON GOING-CONCERN AUDIT OPINION

Runaily Ramadhani, Yuneita Anisma, Devi Safitri — Wed, 22 May 2024 00:00:00 +0000

The purpose of this study is to test and demonstrate empirically the effects of audit lag, auditor’s reputation, company size, and company growth on going-concern audit opinion. This study is a quantitative study with secondary data sources. The population of this study includes 58 mining companies registered on the IDX in 2017-2021. The samples consist of 25 companies which were selected through a purposive sampling technique. The hypothesis was tested using logistic regression analysis with the IBM SPSS 25 application. According to the logistic regression test, audit lag and company size have a positive impact on going-concern audit opinion. However, neither auditor reputation nor company growth has any effect on going-concern audit opinion.

OWNER/MANAGEMENT CHARACTERISTICS, BUSINESS CHARACTERISTICS, AND BUSINESS DECISION-MAKING

Antonius Singgih Setiawan, Delfi Panjaitan — Fri, 31 May 2024 00:00:00 +0000

Business decision-making is a crucial point in business activities. Therefore, this study aims to examine whether management characteristics, the ability to see opportunities, and the ability to improvise positively impact business decision-making. This study used a sample of 118 (78.7%) businessmen respondents in Palembang City. The research hypothesis was tested using Structural Equation Modeling (SEM) Partial Least Squares (PLS) analysis with Warp PLS software version 5.0. The results of this study show that management characteristics, the ability to see opportunities, and the ability to improvise positively affect firms' business decision-making in Palembang City.

THE INFLUENCE OF ZAKAT UNDERSTANDING, TRANSPARENCY, AND ACCOUNTABILITY ON THE INTEREST OF MUZAKKI IN PAYING ZAKAT IN LAZISMU KEBUMEN REGENCY

Risa Irnawati, Siti Afidatul Khotijah, Siti Rokhaniyah — Sun, 30 Jun 2024 00:00:00 +0000

This research aims to analyze the influence of zakat understanding, transparency, and accountability on muzakki's interest in paying zakat at LazisMu Kebumen Regency. This research includes quantitative research which is used to determine interest in paying zakat. Data was collected in this research by distributing questionnaires to 100 muzakki using a non-probability sampling method with a purposive sampling technique. Data analysis was carried out using a multiple linear regression approach. The results of the analysis show that zakat understanding and accountability have a positive effect on muzakki’s interest in paying zakat in LazisMu Kebumen Regency. Meanwhile, transparency does not have a significant effect on muzakki’s interest in paying zakat in LazisMu Kebumen Regency.

GREEN ACCOUNTING PRACTICES IN INDONESIAN COMPANIES

Wiratna Sujarweni, Poly Endrayanto Eko Christmawan — Sun, 30 Jun 2024 00:00:00 +0000

This research aims to analyze green accounting practices in Indonesia. Environmentally accounting practices are assessed using the Global Reporting Initiative (GRI). The research sample consists of companies on the Indonesia Stock Exchange that produce sustainability reports from 2020 to 2022. The descriptive analysis describes insights into environmentally friendly accounting practices in Indonesia, while the ANOVA test is used to test the differences in environmentally friendly accounting practices based on industry types and years of study. The results show that environmental disclosure in Indonesia is still deficient. The companies allocate minimal expenditure on environmental issues. The different test results show that there is no significant difference in environmental costs based on industry type, there is a significant difference in environmental disclosure based on industry type, there is no significant difference in environmental costs based on year of study, and there are significant differences in environmental disclosure based on year of study.

FORMULATION OF FINANCIAL STATEMENT OBJECTIVES AND THE CONCEPT OF ISLAMIC BUSINESS ENTITIES OF NON-FINANCIAL COMPANIES

Jaka Isgiyarta, Chaidir Iswanaji — Mon, 01 Jul 2024 00:00:00 +0000

Accounting is a cultural product, so the concepts developed in accounting are never separated
from the cultural values in which accounting grows and develops. Islam has values that are different from capitalist values. Islamic values in economic life known as the Hall Mark of Islamic Economics. The concept of the objective of financial statements and the concept of corporate entities are fundamental in the development of accounting. These two concepts form the basis for determining the material components of the company's financial statements. The formulation of the concept of the objectives of the financial statements and the concept of the accounting entity cannot be separated from the desired or prevailing social values of society. In Islamic values, the hall mark values of the Islamic economy become the basis for the formulation of the concept of the objective of financial statements and the concept of corporate entities.