Journal of Accounting Research, Utility Finance and Digital Assets

TESTING OF FINANCIAL PERFORMANCE CHANGES IN NATIONAL FINANCING COMPANIES IN THE PRE AND PAST COVID-19 TIMES (Study on Companies in the Sub-Sector of Financing Institutions Listed on the Indonesia Stock Exchange 2018-2022)

2024-10-21T14:36:53+00:00

This research examines the differences in financial performance before and after the COVID-19 pandemic among financial sector enterprises listed on the Indonesia Stock Exchange from 2018 to 2022. The socio-economic impact of COVID-19 has affected various sectors of the economy, including both industrial and service sectors, thereby influencing productivity and subsequent company performance. It is noteworthy that the highest growth in financial performance for financing enterprises occurred in 2022, following declines in 2019 and 2020, with a particularly drastic decrease in 2020. The independent variables in this study include financial performance, financing enterprises, liquidity ratio, solvency, profitability, and dividend payout, with COVID-19 as the dependent variable. Data collection utilized secondary data obtained from the official website of the Indonesia Stock Exchange (IDX) and the Annual Reports of each company. The study encompassed 18 sample enterprises listed on the IDX. This research employed a quantitative method, utilizing descriptive statistics and paired sample t-tests to analyze liquidity, solvency, profitability, and dividend payout using the Eviews 13. Findings indicate no significant differences in liquidity, solvency, profitability, and dividend payout ratios before and after the pandemic. These results contradict previous research findings showing varied impacts of COVID-19 on financial performance. The study concludes that financial enterprises effectively managed their assets during the pandemic. Recommendations for future research include expanding the sample size and considering additional financial performance indicators to further explore the impact of COVID-19 on financial performance.

JAKARTA ISLAMIC INDEX STOCK MARKET REACTION TO TURMOIL ISRAEL AND PALESTINE WAR

2024-09-10T14:37:01+00:00

This research aims to analyze the reaction of the Jakarta Islamic Index stock market to the turmoil of the Israeli andPalestinian war. The data used in this research is secondary data from 14 samples. The sampling technique used was purposive sampling technique. The method used to analyze differences before and after the turmoil of war is the paired t test. The research results show that statistically using abnormal returns it can be concluded that there is no difference in the reaction of the Jakarta Islamic Index stock market before and after the turmoil of the Israeli and Palestinian wars with a significance value of 0.184 < 0.05. Meanwhile, by using trading volume activity, it can be concluded that there is a difference in the reaction of the Jakarta Islamic Index stock market before and after the turmoil of the Israeli and Palestinian wars with a significance value of 0.001 < 0.05. This indicates that there was a change in stock prices after the turmoil of the Israeli and Palestinian war.

THE EFFECT OF INDEPENDENCE RATIO, FISCAL DECENTRALIZATION DEGREE AND PAD EFFECTIVENESS ON HUMAN DEVELOPMENT INDEX THROUGH ECONOMIC GROWTH IN KARIMUN REGENCY

2024-09-06T13:59:09+00:00

Human development is a development process that aims to enable humans to have more choices, especially in income, health and education where one of the benchmarks can be seen through the Human Development Index. This study aims to analyze and obtain empirical evidence on the effect of financial performance (independence level ratio, degree of fiscal decentralization, PAD effectiveness) and economic growth on the human development index in Karimun Regency. This study uses a quantitative method. The data used in this study are secondary time series data for 19 years and interviews. The data were analyzed using Structural Equation Modeling - Partial Last Square with the help of SMART PLS software version 3.0. The results of the study indicate that the independence level ratio has a positive and significant effect on the HDI. The degree of fiscal decentralization does not have a significant effect on the HDI. The effectiveness of PAD has a positive and significant effect on the HDI. Economic growth has a positive and significant effect on the HDI. The independence level ratio does not have a significant effect on economic growth. The degree of fiscal decentralization has a positive and significant effect on economic growth. The effectiveness of PAD does not have a significant effect on economic growth. The independence level ratio does not have a significant effect on the HDI through economic growth. The degree of fiscal decentralization has a positive and significant effect on the HDI through economic growth. The effectiveness of PAD does not have a significant effect on the HDI through economic growth. The HDI of Karimun Regency is influenced by the ratio of the level of independence, the degree of fiscal decentralization, the effectiveness of PAD and economic growth by 37.4%. While the economic growth of Karimun Regency is influenced by the ratio of the level of independence, the degree of fiscal decentralization and the effectiveness of PAD by 9.1%.

THE INFLUENCE OF RISK PERCEPTION, FINANCIAL LITERACY, AND BEHAVIORAL MOTIVATION ON INVESTMENT DECISIONS OF INVESTORS AT PT. MIRAE ASSET SECURITIES INDONESIA GALLERY MEDAN

2024-11-05T13:56:43+00:00

This research aims to analyze the influence of risk perception, financial literacy, and behavioral motivation on investment decisions among investors at PT Mirae Asset Sekuritas Indonesia Galeri Medan. The research method employed is a causal associative study using a quantitative approach. The study population consists of 518 investors who have invested with PT Mirae Asset Sekuritas Indonesia Galeri Medan. The sampling technique used is nonprobability sampling via simple random sampling, resulting in 84 respondents as the research sample. Data collection was carried out by distributing questionnaires to the participants. The research findings indicate that simultaneously, the variables of risk perception, financial literacy, and behavioral motivation significantly influence investment decisions at PT Mirae Asset Sekuritas Indonesia Galeri Medan. Partially, risk perception has a non-significant negative effect on investment decisions at PT Mirae Asset Sekuritas Indonesia Galeri Medan, financial literacy has a significant positive influence on investment decisions at PT Mirae Asset Sekuritas Indonesia Galeri Medan, and behavioral motivation has a non-significant positive effect on investment decisions at PT Mirae Asset Sekuritas Indonesia Galeri Medan.

FINANCING EFFICIENCY ANALYSIS USING DATA ENVELOPMENT ANALYSIS (DEA) APPROACH AT BANK ACEH SYARIAH

2024-10-21T14:40:05+00:00

This study aims to analyze the level of Financing Efficiency Using the Data Envelopment Analysis (DEA) Approach at Bank Aceh Syariah. This type of research is descriptive quantitative research. The data collection technique uses secondary data in the form of financial statements accessed through the official website www.bankaceh.co.id. The collected data is processed using the STATA 17 program. The population used in this study is all financial reports of Bank Aceh Syariah. The sampling technique in this study uses saturated samples, namely the entire population. This study uses two variables, namely input variables consisting of Third-Party Funds and Fixed Assets and Financing output variables. The data analysis method used in this study is Data Envelopment Analysis. The results of the study show that there is variation in the level of efficiency during the entire 2020-2023 Period of Bank Aceh Syariah. Some branches show a high level of efficiency with a DEA score of 1, while others show varying levels of inefficiency with different DEA scores. Overall, Bank Aceh Syariah has achieved fairly efficient circumstances where the fluctuations observed reflect variations in bank performance from year to year. Despite these fluctuations, Bank Aceh Syariah continues to show a relatively good level of efficiency throughout the period. The theoretical implication of this study is to increase understanding of how DEA techniques can be used to evaluate and compare financing efficiency between units or branches in a Sharia bank. The managerial implication of this study is to assist management in making strategic decisions related to resource allocation, setting internal policies, and developing more effective financing strategies. By optimizing efficiency, banks can improve competitiveness, quality of service to customers, and long-term financial sustainability. Additionally, this study can be used as a tool for periodic performance evaluation and monitoring, ensuring that banks continue to operate at maximum efficiency.

THE EFFECT OF VOLUNTARY DISCLOSURE PROGRAM ON TAX RECEIPTS AT THE KABANJAHE PRIMARY TAX SERVICE OFFICE

2024-09-30T03:39:26+00:00

This study aims to determine the effect of the voluntary disclosure program on tax revenue at the Kabanjahe Pratama Tax Service Office. The data collection technique in this study uses a questionnaire in the form of a Likert scale. Respondents in this study are taxpayers registered at the Kabanjahe Pratama Tax Service Office. The number of taxpayers who are samples in this study is 100 respondents. The research method used in this study is purposive sampling. The analysis technique used in this study is a simple linear analysis technique. The results of the study indicate that the voluntary disclosure program has a positive and significant effect on tax revenue. This means that if the voluntary disclosure program increases, tax revenue will also increase. The conclusion in this study is that the higher the taxpayers who participate in the Voluntary Disclosure Program, the higher the tax revenue. The researcher's suggestion is that the government should further improve the Voluntary Disclosure program in order to increase tax revenues, which will increase state revenues.

THE ROLE OF DIGITAL ASSET INVESTMENT IN COUNTRY ECONOMIC GROWTH

2024-09-09T05:28:23+00:00

Cryptocurrency is one of the investment commodities that can generate returns and already has a permit to be traded in exchange trading through the Indonesian Commodity Futures Trading Supervisory Agency (BAPEPTI). Digital crypto assets traded in Indonesia are quite a lot through the Indodax trading company. The purpose of this study is focused on formulating a risk management process in investing in digital cryptocurrency assets. In addition, the results of this study will produce policy recommendations known as LCTR or "Legal Cryptocurrency and Tax Revenue" which are expected to be considered by the government in formulating policies on digital crypto assets so that the interests of all parties can be accommodated in order to realize maximum state revenue from trading digital crypto asset commodities. This type of research is quantitative descriptive with a research population of 10 cryptocurrency coins with the largest market caps in Indonesia, namely Cryptocurrency Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Stellar, DASH, Dogecoin, Zcash, Monero in Indonesia. The type of data in this study is time series data taken from January 2017 to December 2020 by conducting a documentation study conducted on the publication of monthly cryptocurrency transaction reports, so that a target population of 480 (4 years x 12 months x 10 coins) monthly report data was obtained for the research sample. The data analysis method in this study uses multiple linear regression and data analysis using e-views statistical software version 10.

THE EFFECT OF ECONOMIC GROWTH AND INFLATION ON FOREIGN DIRECT INVESTMENT (FDI) IN ASEAN COUNTRIES

2024-11-25T16:25:24+00:00

This study aims to determine and see the effect of economic growth and inflation on foreign direct investment (FDI), besides that this study is also to analyze economic growth and inflation on FDI in ASEAN countries. The population in this study were 11 ASEAN countries but after researchers determined the criteria, researchers only took 7 samples in this study. This study uses panel data regression data analysis. The results showed that the economic growth variable had a positive and significant effect while inflation had no effect on FDI. While simultaneously economic growth and inflation affect foreign direct investment (FDI).

THE INFLUENCE OF TASTE AND PERCEPTION OF QUALITY ON PURCHASING DECISIONS THROUGH PURCHASE INTENTION AS AN INTERVENING VARIABLE (CASE STUDY OF MIMI RESTAURANT CUSTOMERS, TEBING TINGGI CITY)

2024-08-13T01:27:10+00:00

This research aims to find out how taste and perceived quality influence purchasing decisions through purchase intention as an intervening variable (case study of customers at Mimi Restaurant, Tebing Tinggi City). The population in this research is Mimi Restaurant customers, with an average of 1520 customers per month. In determining the sample size, the Slovin formula was used, namely 75 respondents. The regression analysis method used is multiple linear regression and to test the hypothesis the t test and path analysis test are used. The research data were analyzed or processed using the SPSS version 25 program. From the results of this research it can be concluded that taste influences the purchase interest variable, perceived quality influences the purchase interest variable, taste influences the purchase decision variable, quality perception influences the purchase decision variable. purchase decision, purchase interest has no effect on the purchase decision variable, purchase interest cannot mediate between the taste variable on the purchase decision, purchase interest cannot mediate between the quality perception variable on the purchase decision.

THE INFLUENCE OF COMPANY SIZE, SOLVENCY, PROFITABILITY AND AUDIT OPINION ON AUDIT DELAY (STUDY ON PROPERTY AND REAL ESTATE COMPANIES LISTED ON THE IDX IN 2019-2023)

2024-10-21T14:42:29+00:00

This research aims to analyze the influence of company size, solvency, profitability, and audit opinion on audit delay in property and real estate companies listed on the IDX in 2019-2023. This research uses secondary data obtained from the financial reports of selected property and real estate companies using purposive sampling techniques. The sample from this research is 51 companies from 2019-2023 with 255 observations. The data analysis method used is panel data regression with a fixed effect model. The results show that company size, Debt To Asset Ratio (DAR) and audit opinion have a positive and insignificant effect on audit delay. Profitability as measured by Return On Assets (ROA) has an significant negative effect on audit delay, the higher the level of profitability, the smaller the audit delay.