https://owner.polgan.ac.id/index.php/owner/issue/feed Owner : Riset dan Jurnal Akuntansi 2023-01-21T09:55:43+07:00 Muhammad Khoiruddin Harahap choir.harahap@yahoo.com Open Journal Systems <h1><strong>OWNER: RISET DAN JURNAL AKUNTANSI</strong></h1> <table class="table table-striped"> <thead> <tr> <td>Nama Jurnal</td> <td><strong>Owner : Riset dan Jurnal Akuntansi</strong></td> </tr> </thead> <tbody> <tr> <td>Frekwensi</td> <td><strong>4 Issue / Tahun (Januari, April, Juli, &amp; Oktober)</strong></td> </tr> <tr> <td>DOI Prefix</td> <td><strong><a href="http://sci-hub.tw/10.33395/owner" target="_blank" rel="noopener">10.33395/owner</a></strong></td> </tr> <tr> <td>P-ISSN</td> <td><strong><a href="https://issn.lipi.go.id/terbit/detail/1481171468">2548-7507</a></strong></td> </tr> <tr> <td>E-ISSN</td> <td><strong><a href="https://issn.lipi.go.id/terbit/detail/1481174397">2548-9224</a></strong></td> </tr> <tr> <td>Penerbit</td> <td><strong><a href="https://www.polgan.ac.id">Politeknik Ganesha Medan</a></strong></td> </tr> <tr> <td>Analisis Citasi</td> <td><strong><a href="https://scholar.google.co.id/scholar?hl=en&amp;as_sdt=0%2C5&amp;q=Owner+%3A+Riset+dan+Jurnal+Akuntansi&amp;btnG=">Google Scholar</a>, <a href="https://app.dimensions.ai/discover/publication?search_mode=content&amp;order=times_cited&amp;and_facet_source_title=jour.1365298">Dimensions</a></strong></td> </tr> <tr> <td>Bahasa</td> <td><strong>Indonesia</strong></td> </tr> <tr> <td>Sinta Akreditasi</td> <td><strong><a href="https://sinta.kemdikbud.go.id/journals/detail?id=4115">Sinta 3</a> | <a href="https://polgan.ac.id/owner/ownersinta3.pdf">Sertifikat Akreditasi</a></strong></td> </tr> </tbody> </table> <div class="img"> </div> <div class="img"><strong>Ruang Lingkup</strong> : Akuntansi; Kredit; Analisis Keuangan; Manajemen Pelaporan; Statistik; Sistem Informasi Strategis; Audit; Perpajakan; Penganggaran; Perbankan; Keuangan Internasional; Etika Akuntansi; Sistem Informasi Akuntansi</div> <div class="img"> </div> <div class="img"><strong>Kebijakan Tinjauan Sejawat:</strong> Semua naskah yang dikirim secara daring melalui sistem OJS harus mengikuti <strong><a href="https://owner.polgan.ac.id/index.php/owner/scope">fokus dan ruang lingkup</a></strong>, dan <strong><a href="https://owner.polgan.ac.id/index.php/owner/petunjukmenulis">pedoman penulis jurnal </a> </strong>menggunakan <a href="https://docs.google.com/document/d/13XWiBCGEsA19tpR24jPs9gA6XDMcP-k8/view"><strong>template penulisan</strong></a> Owner : Riset dan Jurnal Akuntansi. Naskah yang dikirim harus membahas prestasi ilmiah atau kebaruan yang sesuai dengan fokus dan ruang lingkup, harus bebas dari konten plagiarisme dengan similarity maksimal 20%. Peer review menggunakan sistem <strong>Double Blind Peer Review</strong>. </div> <div class="img"> </div> <div class="img"><strong>Kebijakan Akses Terbuka: </strong>Owner : Riset dan Jurnal Akuntansi merupakan jurnal akses terbuka <em>(Open Access Journal)</em>, yang berarti bahwa semua artikel tersedia di internet diperuntukkan semua pengguna setelah dipublikasi. Penggunaan dan distribusi non-komersial dalam media apa pun diizinkan, asalkan penulis dan jurnal dikreditkan dengan benar.</div> <div class="img"> </div> https://owner.polgan.ac.id/index.php/owner/article/view/1370 AKUNTABILITAS PENGGUNAAN DANA ANGGARAN PENDAPATAN DAN BELANJA DAERAH PEMERINTAH PROVINSI JAWA TENGAH 2022-12-09T23:23:34+07:00 Dian Indudewi dianindudewi@usm.ac.id Febrina Nafasati f_nafasati@yahoo.co.id Bambang Sudarmanto bambangsudarmanto68@gmail.com Antonius Dwijo Putranto heriodia80@gmail.com <p>Pemerintah Provinsi Jawa Tengah membentuk jaring pengaman sosial (JPS) dan jaring pengaman ekonomi (JPE) untuk meminimalisir dampak pandemi covid-19 terhadap masyarakat. Pemberian JPS dan JPE menuntut adanya realokasi dan <em>refocusing</em> anggaran karena pandemi covid-19 terjadi saat angaran tahun berkenaan telah berjalan. Realokasi dan <em>refocus</em><em>ing</em> anggaran ini membawa perubahan besar terhadap mekanisme anggaran pemerintah daerah dimana belanja darurat covid-19 dapat dilakukan melalui mekanisme Belanja Tidak Terduga (BTT). Penggunaan dana untuk bencana/kondisi darurat rawan dengan penyelewengan. Penelitian ini bertujuan untuk mengetahui akuntabilitas penggunaan dana Anggaran Pendapatan dan Belanja Daerah (APBD) Pemerintah Provinsi Jawa Tengah untuk penanganan Covid-19.</p> <p>Penelitian ini merupakan penelitian kualitatif melalui studi dokumen dan wawancara. Studi dokumen mengacu pada peraturan perundang-undangan yang berlaku dan teori institusional. Wawancara mengacu pada hasil wawancara peneliti dengan 4 (empat) informan dari 4 (empat) Organisasi Perangkat Daerah yang berbeda.</p> <p>Hasil penelitian menunjukkan bahwa penggunaan dan pertanggungjawaban dana APBD telah akuntabel. Hal ini ditunjukkan melalui kesesuaian proses penganggaran dan pertanggungjawaban dengan peraturan perundang-undangan yang berlaku. Hasil wawancara dengan keempat informan menunjukkan hal yang sama. Berdasarkan uraian jawaban dari keempat informan, dapat disimpulkan bahwa proses alokasi dan refocusing anggaran serta pertanggungjawabannya telah sesuai dengan peraturan perundang-undangan. Hasil analisis juga memperkuat penerapan teori institusional dalam konteks pemerintahan.</p> <p><strong>Kata Kunci</strong> : anggaran, realokasi, refocusing,&nbsp; akuntabilitas</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Dian Indudewi, Febrina Nafasati, Bambang Sudarmanto, Antonius Dwijo Putranto https://owner.polgan.ac.id/index.php/owner/article/view/1286 Analisis Penilaian Persediaan Barang Dagang Pada Rozan Mini Market & Percetakan Sesuai Sak Etap 2022-11-13T12:58:25+07:00 Tommy Kuncara tommykuncara17@gmail.com Fera Riske Anggita ferariskeanggita@staff.gunadarma.ac.id Jessica Livia Utomo liviautomoj@gmail.com <p><em>Inventory is one of the current assets that must be managed properly, especially for companies that have merchandise inventory. The purpose of this study was to determine the application of methods based on and assessment of goods according to ETAP CHAPTER 11 which are suitable for Rozan Mini Market &amp; Printing. The data analysis technique with the inventory system used is the Perpetual System and the Inventory Method used is the FIFO Method and the Average Method. The types and sources of data used are primary data and secondary data. The conclusion obtained from the research that has been carried out is that Rozan Mini Market &amp; printing in recording inventory has not yet Financial Accounting Standards for Public Accountability Entities (SAK ETAP) CHAPTER 11 and the application of Rozan Mini Market &amp; printing applies a perpetual system, and the method used is the FIFO method, because the HPP according to the FIFO method tends to be smaller than the Average method</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Tommy Kuncara, Fera Riske Anggita, Jessica Livia Utomo https://owner.polgan.ac.id/index.php/owner/article/view/1376 PENGARUH IMPLEMENTASI GOOD CORPORATE GOVERNANCE, KOMPETENSI AUDITOR INTERNAL DAN EFEKTIVITAS PENGENDALIAN INTERNAL TERHADAP KECURANGAN PRAKTIK PERBANKAN DENGAN WHISTLEBLOWING SYSTEM SEBAGAI VARIABEL MODERASI 2022-12-14T22:03:41+07:00 Siti Rahma Yanti srahmayanti72@gmail.com Nurul Hidayah nurul.hidayah@mercubuana.ac.id <p><em>The purpose of this study aims to examine the variables implementation of good corporate governance, internal auditor competence and the effectiveness of internal control influences fraudulent banking practices with the whistleblowing system as a moderating variable. The population in this study consists of employees at the manager, officer, and supervisor level at PT Bank Mandiri (Persero) Tbk, South Pluit Area, North Jakarta. The sampling method used is simple sensus sampling. In this research, the total sample is 83 respondents. The type of data used was primary data obtained from the results of questionnaire answers by sample. The smart Partial Least Square (SmartPLS) path modelling method is used as an analysis method. The results of this study indicate that the competence of internal auditors and the effectiveness of internal controls significantly affect fraudulent banking practices. Meanwhile, implementing good corporate governance has no significant effect on fraudulent banking practices. Then the results of this study indicate that the whistleblowing system can moderate the influence of the competence of internal auditors and the effectiveness of internal controls on fraudulent banking practices. However, the whistleblowing system has not been able to moderate the effect of implementing good corporate governance on fraudulent banking practices.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Siti Rahma Yanti, Nurul Hidayah https://owner.polgan.ac.id/index.php/owner/article/view/1296 Pengujian Fraud Triangle Theory Dalam Menjelaskan Kecurangan Laporan Keuangan Menggunakan Beneish M-Score 2022-11-16T13:24:29+07:00 Tan Ming Kuang tm.kuang@eco.maranatha.edu Esther Natalia 1851083@eco.maranatha.edu <p><em>Financial statements must be reliable and free from bias as they represent management accountability to investors. Yet, companies have many incentives to manipulate financial statements to meet investors’ performance expectations. Therefore, </em><em>this study </em><em>aims</em><em> to </em><em>examine the fraud triangle theory (pressure proxy by financial stability, opportunity proxy by nature of the industry, and rationalization proxy by total accrual to total assets) in explaining factors that cause management to commit fraud on financial statements. </em><em>The </em><em>population</em> <em>of</em> <em>this study is</em> <em>the manufacturing sector companies listed on the Indonesia Stock Exchange during the</em><em> period</em><em> 2018-2020</em><em>.</em> <em>This study performs</em><em> purposive sampling method</em><em> to collect financial data of 102 manufacturing companies from the website of the Indonesia stock exchange (www.idx.co.id) and Refinitiv Eikon database. Based on</em> <em>306</em> <em>observations</em><em> obtained and tested using the logistic </em><em>linear </em><em>regression analysi</em><em>s</em><em>, th</em><em>is study</em><em> found that</em><em> pressure</em> <em>(</em><em>financial stability</em><em>)</em><em> had no effect on financial statement fraud, while the </em><em>opportunity </em><em>(nature of industry) and rationalization</em> <em>(total accrual to total assets) had a positive effect on financial statement fraud. Th</em><em>ese</em><em> finding</em><em>s</em><em> impl</em><em>y</em><em> that</em><em> nature of industry and </em><em>total accrual to total assets</em><em> are effective proxy of opportunity and rationalization respectively to predict financial statement fraud measured using </em><em>Beneish M-Score</em><em>, particularly </em><em>the financial statements of</em><em> the</em><em> manufacturing companies</em><em>.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Tan Ming Kuang, Esther Natalia https://owner.polgan.ac.id/index.php/owner/article/view/1382 Analisis Kewajiban Perpajakan PPh 21, PPh 23 dan PPh Final Pada PT Taiba Consulting Indonesia 2022-12-13T18:28:42+07:00 Mesra Berlyn Hakim berlynproject1@gmail.com Temon Bagus Hidayahtullah masmon967@gmail.com Tri Winarsih triwinarsih3113@gmail.com Umar Yeni Suyanto umarsuyanto@gmail.com <p><em>The research was conducted at PT Taiba Consulting Indonesia which is engaged in construction services with the aim of knowing how the implementation, payment, deduction and reporting of tax obligations PPh 21, PPh 23, PPh Final. The research method uses qualitative methods, primary and secondary data sources obtained through documentation, observation and interviews. Data analysis using data reduction. Meanwhile, to validate the data using source, time and technique triangulation techniques. The results of the study: (1) Payment, Withholding, and Reporting of PPh 21 are in accordance with Law No. 36 of 2008 on Taxation (2) Payment, Withholding, Reporting of PPh 23 are not in accordance with Law No. 36 of 2008, due to vendor delays in payment of PPh 13 (3) Payment, Withholding, and Reporting of Final Income Tax is in accordance with Tax Law No. 36 of 2008.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Mesra Berlyn Hakim, Temon Bagus Hidayahtullah, Tri Winarsih, Umar Yeni Suyanto https://owner.polgan.ac.id/index.php/owner/article/view/1305 Tata Kelola Perusahaan Daerah Air Minum (PDAM) 2022-12-02T15:08:25+07:00 Aulia sri Angraini auliasriangraini@gmail.com Suhanda Suhanda suhanda69@yahoo.com <p><em>The government strongly supports the existence of a good governance system, especially in business entities. Good corporate governance is a system that regulates the direction of activities of a company to be carried out, including in setting goals to be achieved and measuring the success of the company's implementation. The implementation of corporate governance reduces agency problems between owners and managers. Good corporate governance can help avoid conflicts of interest between principals and agents. This study aims to see the background of the formation and practice of governance in PDAM Kabupaten Lima Puluh Kota by linking it with agency theory. Processed data is primary data from interviews. The results of the study found that the purpose of establishing a PDAM is that an institution is needed to manage and control the needs of the community in the field of water and an intermediary from the government's responsibility in providing a minimal service system (SPM). And in terms of PDAM governance practices associated with agency theory, there are three themes, namely for the principal intermediary in supervising PDAM Kabupaten Lima Puluh, namely that the supervisory board has complied with the existing rules and regulations. The second point of discussion is about the relationship between the agent and the principal, from the results of the study it was found that the relationship between the principal and agent is in the form of accountability and transparency. And the last topic about corporatization, the results of research on PDAM Kabupaten Lima Puluh Kota, the local government has handed over all authority and management fully to the PDAM management to manage and manage. However, the full handover to local governments will still be controlled and supervised by PDAM activities assisted by the supervisory board</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Aulia sri Angraini, Suhanda https://owner.polgan.ac.id/index.php/owner/article/view/1387 Evaluasi Penerapan Risk-Based Audit untuk Mendeteksi Ketidakpatuhan Akuntan Publik terhadap Standar Profesi dan Regulasi 2022-12-19T22:48:47+07:00 Diky Mahendra diky.mahendra28@gmail.com Agung Nugroho Soedibyo asoedibyo@gmail.com <p><em>This study aims to evaluate the effectiveness of implementing risk-based audit selection (RBAS) in conducting supervision of Public Accountants (CPAs) and Public Accounting Firms in Indonesia. The research object in this study is Pusat Pembinaan Profesi Keuangan (PPPK) as an authorized regulator to provide coaching and supervision of the public accounting profession. This research is motivated by the policy of redesigning the function of coaching and supervising the finance professions. One approach focuses on preparing CPAs and Public Accounting Firms risk profiles, which then become the basis for determining risk-based supervision patterns. In addition, there is an imbalance between the number of AP supervised and the number of resources owned by the regulator, so an effective supervision strategy is required through the RBAS approach. The research method used in this research is a descriptive qualitative method through semi-structured interviews, document analysis, and literature study. The results showed that in general the risk-based supervision function in PPPK was quite effective and was in line with applicable guidelines and regulations. However, in the implementation process there are still issues related to the variables used to calculate the CPAs risk level, where qualitative information is an important factor in determining the selected inspection object.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Diky Mahendra, Agung Nugroho Soedibyo https://owner.polgan.ac.id/index.php/owner/article/view/1313 Pengaruh Kualitas Sumber Daya Manusia, Pemanfaatan Teknologi Informasi Dan Pengawasan Keuangan Daerah Terhadap Keandalan Penyajian Laporan Keuangan Pemerintah Daerah (Studi pada OPD Pemerintah Provinsi Sulawesi Tengah) 2022-11-23T09:23:10+07:00 Latifah Sukmawati Yuniar lppplamongan@gmail.com Arif Gunarsa lppplamongan@gmail.com Faizal Asdar lppplamongan@gmail.com Galing Ralis lppplamongan@gmail.com Aulia Putri Ramadhani lppplamongan@gmail.com <p><em>The existence of increasing demands for the implementation of public accountability has implications for management in government agencies to provide information to the public, one of which is information in financial reports. Government financial reports are an important component in realizing financial management accountability to the public. The function of information in financial reports will not have benefits if the presentation and delivery of financial information is not reliable. Reliability of financial report information is a manifestation of public financial management accountability and in accordance with Government Regulation Number 24 of 2005 is an element of important information value related to decision-making of various parties. This type of research is associative. This study aims to explain the influence of the quality of human resources, the use of information technology and regional financial supervision on the reliability of the presentation of regional financial reports in the OPD of the Central Sulawesi Provincial Government. Based on the results of data analysis that has been carried out to test the hypotheses put forward in this study, several conclusions can be drawn, including: The quality of human resources has a positive effect on the reliability of financial statement presentation accepted and supported by empirical evidence. Acceptance or proof of the first hypothesis simultaneously answers the first research question. Utilization of information technology has a positive effect on the reliability of presentation of acceptable financial statements. Accepting or proving this second hypothesis, this also answers the second research question. Regional financial supervision has a positive effect on the reliability of presentation of financial statements is accepted so that the hypothesis can be accepted and is supported by empirical evidence. Acceptance or proof of this third hypothesis simultaneously answers the research question.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Latifah Sukmawati Yuniar, Arif Gunarsa, Faizal Asdar, Galing Ralis, Aulia Putri Ramadhani https://owner.polgan.ac.id/index.php/owner/article/view/1392 Analisis Persiapan Persiapan Implementasi PSAK 74 pada Perusahaan Asuransi Indonesia (Studi Kasus pada Perusahaan Asuransi X) 2022-12-21T08:27:22+07:00 Fitri Anjani ftrianjani@gmail.com Ludovicus Sensi Wondabio ludovicussensiwondabio@gmail.com <p><strong><em>Abstract</em></strong></p> <p><em>The importance of the insurance industry for the economy, the establishment of accounting standards in the financial statements of insurance companies is needed to support the improvement of corporate governance. Until now, the preparation of financial reports for insurance companies in Indonesia still follows the standards of Statement of Financial Accounting Standards (PSAK) 62 concerning Insurance Contracts which is a temporary standard, so a new, better standard is needed, namely PSAK 74 which is an adoption of IFRS 17 and will become effective internationally on January 1, 202s3, while in Indonesia it will become effective on January 1, 2025. This study aims to determine the readiness of insurance companies in implementing PSAK 74, its impact on the presentation of financial statements, and to find out the issue of gaps that occur in the implementation PSAK 74. This research is a qualitative case study with primary and secondary data taken through semi-structured interview techniques, observation and documentation. From the research results, it was found that Insurance Company X had started to make preparations for the implementation of PSAK 74, but there were still gaps related to several issues that must be considered in its implementation. Meanwhile, the presentation of the financial statements themselves did not experience significant changes except for adjustments to several accounts related to the implementation of PSAK 74.</em></p> <p>&nbsp;</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Fitri Anjani, Ludovicus Sensi Wondabio https://owner.polgan.ac.id/index.php/owner/article/view/1325 Penggunaan Fraud Hexagon dalam Mendeteksi Kecurangan Laporan Keuangan 2022-11-30T12:58:13+07:00 Didi Setyono dzetyo@gmail.com Eko Hariyanto ekoh0361@gmail.com Sri Wahyuni dzetyo@gmail.com Bima Cinintya Pratama dzetyo@gmail.com <p><em>This research aims to examine the fraud hexagon theory in the detection of fraudulent financial reporting that occurs in a company. According to the hexagon fraud theory, fraud occurs due to 6 factors, namely pressure/stimulus, opportunity, capability, ego/arrogance, rationalization, and collusion. These 6 factors are proxied with 10 proxies, namely: financial stability, financial targets, external pressure, change in director, change in auditor, ineffective monitoring, industry nature, number of CEO photos, political connections, and collusion. The population in this research are companies listed in the LQ 45 index period I February-July 2017-2021. The sample in this study is 88 samples. The data analysis approach used is multiple regression analysis using SPSS 25. The results of this study reveal that the nature of industry and external pressures have a negative effect on the detection of financial statement fraud, and change in auditor positively effect on the detection of financial statements fraud. While the variables of financial stability, financial targets, political connections, change in directors, number of CEO photos, ineffective monitoring, and collusion have no effect in detecting financial statements fraud. This result can be used for companies management as their references about what makes fraudulent financial statements occurs, so they can make preventive action for their companies.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Didi Setyono, Eko Hariyanto, Sri Wahyuni, Bima Cinintya Pratama https://owner.polgan.ac.id/index.php/owner/article/view/1396 Persepsi Industri Chalodo Sibali Resoe Terhadap Penerapan Tarif Pajak Pada UU No. 7 Tahun 2021 2023-01-07T14:59:37+07:00 Adhe Widhiakusuma WL adhewidhiakusuma@student.umpalopo.ac.id Sofyan Syamsuddin sofyansyam@umpalopo.ac.id Sahrir Sahrir sahrir@umpalopo.ac.id <p><em>This study aims to determine the perceptions of the Chalodo Sibali Resoe Industry regarding the imposition of the new tax rate under the HPP Law, that is, if an individual MSME taxpayer has a gross turnover of less than Rp500,000,000.00 per year, the taxpayer is not subject to the MSME final PPh rate. The method used in this study uses qualitative methods, where the respondents of this study are accountants from the Chalodo Sibali Resoe Industry. After conducting research, the results obtained were that the Tax Service Office (KPP) had not conducted a thorough outreach and only discussed the applicable rates. Regarding the imposition of tariffs, it has a positive impact on the finances of the Chalodo Sibali Resoe Industry.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Adhe Widhiakusuma WL, Sofyan Syamsuddin, Sahrir Sahrir https://owner.polgan.ac.id/index.php/owner/article/view/1331 Analisis Perbandingan Potensi Financial Distress Sebelum dan Selama Pandemi COVID-19 Menggunakan Metode Grover, Springate dan Zmijewski 2022-11-30T09:21:44+07:00 Ratih Kusumastuti ratihkusumastuti@unja.ac.id Wiwik Tiswiyanti wiek-muis@unja.ac.id Sintia Marselina sintselina@gmail.com <p><em>Pandemi COVID-19 merupakan peristiwa menyebarnya penyakit coronavirus 2019 yang menjadi masalah kesehatan yang serius saat ini di berbagai negara termasuk di Indonesia. Hal tersebut juga berdampak pada terkontraksinya perekonomian Indonesia sesuai data BPS yaitu -5,32% YoY dikarenakan menurunnya daya beli masyarakat akibat kekhawatiran juga kebijakan Pembatasan Sosial Berskala Besar (PSBB). Salah satu sektor yang terkena dampak pandemi adalah sektor transportasi, tercatat p</em><em>endapatan sektor transpotasi menurun 25%-50% sejak adanya pandemi COVID-19. Tujuan dari penelitian ini adalah menganalisis perbandingan potensi financial distress sebelum dan selama pandemi COVID-19 pada perusahaan sektor transportasi dan logistik yang terdaftar di Bursa Efek Indonesia dengan metode grover, springate dan zmijewski. Penelitian ini menggunakan pendekatan penelitian kuantitatif dan berdasarkan pendekatan yang digunakan, penelitian ini termasuk ke dalam penelitian komparatif. Pemilihan sampel dalam penelitian ini dilakukan dengan menggunakan metode purposive sampling, sehingga diperoleh diperoleh jumlah sampel sebanyak 11 perusahaan. Metode pengumpulan data yang digunakan dalam penelitian ini menggunakan metode dokumentasi dengan data sekunder berupa laporan keuangan perusahaan tahun 2018-2021. Hasil penelitian menunjukkan bahwa tidak terdapat perbedaan potensi financial distress sebelum dan selama pandemi COVID-19 berdasarkan metode grover dan zmijewski. Sedangkan berdasarkan metode springate, menunjukkan hasil bahwa terdapat perbedaan potensi financial distress sebelum dan selama pandemi COVID-19. Peneliti memberikan saran kepada peneliti selanjutnya untuk meneliti sektor lain dan variabel lain selain financial distress yang kemungkinan juga terdampak karena adanya pandemi COVID-19. Selain itu, diharapkan juga agar dapat menambah model prediksi lain seperti model altman, ohlson, fulmer, zavgren, taffler dan lain sebagainya sehingga hasil yang didapatkan lebih bervariasi.</em></p> <p>&nbsp;</p> <p><strong><em>Keywords</em></strong><em>: COVID-19, </em><em>Financial Distress</em>, <em>Grover, Springate, Zmijewski.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Ratih Kusumastuti, Wiwik Tiswiyanti, Sintia Marselina https://owner.polgan.ac.id/index.php/owner/article/view/1402 Pengaruh Sukuk, Reksadana Syariah dan Total Aset LKNB Syariah terhadap pertumbuhan ekonomi di Indonesia Tahun 2015-2021 2022-12-21T15:24:21+07:00 Azizah Mudrikah mudrikahazizah24@gmail.com Imsar Imsar imsar@uinsu.ac.id <p><em>The principal The aim of the current study is to measure the effects of sukuk, sharia mutual funds, and total lknb sharia assets on Indonesian economic growth. Three independent variables (sukuk, sharia mutual funds, and total assets of sharia financial institutions) are combined with one dependent variable in this study (economic growth). This study's population is based on information from the Financial Services Authority and the Central Statistics Agency </em><em> </em><em>on sukuk</em><em>, </em><em>sharia mutual funds and total assets of sharia financial institutions for the last seven years, namely data from 2015-2020 period. 84 data points were interpolated and a saturated sample technique was used, that is all data from 2015 to 2021. The method of analysis process used is quantitative analysis with collected sources. According to the findings of this study, partial sukuk and total assets of sharia financial institutions have a significant and positive impact on economic growth. Meantime, Sharia mutual funds have a significant negative impact on economic growth. t table has a value of 1.990. count &gt; t table of 5,178 &gt; 1,990 which shows that sukuk influences economic growth in Indonesia. t count &gt; t table of 17,562 &gt; 1,990 which shows that Islamic mutual funds influence economic growth in Indonesia. and t count &gt; t table of 9.0819 &gt; 2.0032 which shows that the total assets of Islamic LKNB influence economic growth in Indonesia. and f count &gt; f table of 155.83 &gt; 2.72. This means that sukuk, Islamic mutual funds and total assets of </em><em>lknb sharia </em><em>simultaneously affect economic growth in Indonesia in 2015 – 2021. The Coefficient of Determination is 0.84849, indicating that sukuk, </em><em>sharia</em><em> mutual funds and </em><em>total assets of LKNB shari</em><em>a </em><em>have a very strong influence on economic growth. The proportion is 84.84%. So that, the three. control variables of corporate sukuk and total assets of lknb sharia can be economic growth factors</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Azizah Mudrikah, Imsar https://owner.polgan.ac.id/index.php/owner/article/view/1336 EFEKTIVITAS PENGUATAN PENGELOLAAN DANA DESA DALAM MENINGKATKAN PERTUMBUHAN EKONOMI BERKELANJUTAN DI KABUPATEN SIMALUNGUN 2022-11-29T10:06:16+07:00 Ruth Tridianty Sianipar ruthsianipar@stiesultanagung.ac.id Juan Anastasia Putri juanputri@stiesultanagung.ac.id Ady Inrawan ady@stiesultanagung.ac.id hery silitonga herysilitonga@gmail.com Lenny Dermawan Sembiring lennydermawansembiring@stiesultanagung.ac.id <p><em>The purpose of this study was to analyze the effectiveness of managing village funds in increasing sustainable economic growth in Simalungun Regency. This research method uses a research design with a qualitative approach. The subject of this research is a village in Simalungun Regency. The research was carried out in four sub-districts in Simalungun Regency in Panombeian Pane, Panei, Siantar, Tanah Jawa, and Sidamanik sub-districts in 80 villages. Data collection techniques using observation, interviews, questionnaires and documentation. The data analysis method used is descriptive qualitative analysis and different test. The research results obtained by respondents stated that village funds channeled from the government were sufficient for village development, in community empowerment village funds were mostly used for village government programs to empower village communities, the village government compiled planning documents consisting of APBDes, RPJMDes, and RKPDes, each program planning must be supported by the village community in its implementation by informing every expenditure and income of funds, supervision conducting regular monitoring related to village physical development, and submission of reports on the use of village funds used for village development need to be submitted transparently</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Ruth Tridianty Sianipar, Juan Anastasia Putri, Ady Inrawan, hery silitonga, Lenny Dermawan Sembiring https://owner.polgan.ac.id/index.php/owner/article/view/1412 Efek Narsisme dan Psikopati Terhadap Praktik Tidak Etis Akuntan 2023-01-12T11:08:44+07:00 Adrian Yudisthira 1851049@eco.maranatha.edu Tan Ming Kuang tm.kuang@eco.maranatha.edu <p>Faktor kepribadian memegang peran penting ketika seseorang dihadapkan pada situasi yang melibatkan penilaian benar atau salah secara moral. Seseorang dengan karakteristik kepribadian gelap <em>(dark triad)</em> sangat mungkin menunjukkan perilaku yang tidak etis. Perilaku etis merupakan isu penting bagi profesi akuntan karena laporan keuangan yang dipublikasikasikan harus dapat dipertanggungjawabkan kepada publik, khususnya bagi investor dan kreditor sebagai pihak yang menanggung resiko besar dalam pengambilan keputusan investasi dan kredit mereka. Meski telah banyak penelitian yang menguji faktor penyebab terjadinya perilaku tidak etis akuntan, penelitian yang menyelidiki dampak kepribadian gelap akuntan terhadap pengambilan keputusan etis masih sangat sedikit. Penelitian ini bertujuan untuk menguji efek dua tipe kepribadian gelap akuntan yaitu narsisme dan psikopatik terhadap pengambilan keputusan yang melibatkan berbagai situasi etis bisnis. Penelitian menggunakan pendekatan kuantitatif dengan data primer yang diperoleh dari kuesioner. Narsisme diukur menggunakan <em>Narcisstic Personality Inventory, </em>psikopati menggunakan <em>Levenson Self-Report Psychopaty Scale, </em>dan sikap terhadap praktik tidak etis menggunakan instrumen yang digunakan oleh Bailey (2019). Populasi penelitian adalah akuntan Manajemen, akuntan Publik, dan akuntan sektor publik dengan sampel berjumlah 103 responden. Analisis regresi linear berganda digunakan untuk menguji hipotesis penelitian menggunakan perangkat lunak SPSS versi 26. Hasil penelitian menunjukan bahwa akuntan dengan kepribadian narsisme dan psikopatik yang dominan cenderung mengambil keputusan yang kurang etis.</p> 2023-01-28T00:00:00+07:00 Copyright (c) 2023 Adrian Yudisthira, Tan Ming Kuang https://owner.polgan.ac.id/index.php/owner/article/view/1344 Pengaruh Rasio Likuiditas dan Rasio Profitabilitas Terhadap Harga Saham 2022-12-02T16:00:34+07:00 Laras Auditria Putri laras.auditria.putri-2020@feb.unair.ac.id Muhammad Iqbal Ramadhan muhammad.iqbal.ramadhan-2020@feb.unair.ac.id <p><em>Increased liquidity ratios and profitability ratios can give a positive signal to stock prices. This study aims to obtain an overview of the relationship between liquidity ratios and profitability ratios with prices. The research approach uses a quantitative approach using secondary data in the form of financial and annual reports. This research was conducted in all companies except the financial sector which was listed on the Indonesia Stock Exchange (IDX) for the period 2016 to 2019. The analysis technique used was multiple regression with STATA software. The liquidity ratio is proxied by the Cash Ratio, and Current Ratio (CR). Profitability ratio proxied ROE, ROS, EPS, . The results showed that the liquidity ratio and profitability ratio had a positive effect on stock prices. The higher the liquidity ratio and profitability ratio, it will lead to increasing stock prices.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Laras Auditria Putri, Muhammad Iqbal Ramadhan https://owner.polgan.ac.id/index.php/owner/article/view/1436 VOLUNTARY AUDITOR SWETCHING: PERGANTIAN MANAJEMEN, UKURAN KANTOR AKUNTAN PUBLIK, DAN PERUBAHAN PROSENTASE ROA 2023-01-10T11:00:58+07:00 Inneke Nur Vivi innekenurvivi10@gmail.com Evi Dwi Kartikasari evican91@gmail.com Irma Indira indirairma99@gmail.com <p><em>The size of the auditor is also one of the benchmarks of external parties to trust the results of audit opinions. Management within the company's structure is not always the same, there is a change of management that requires the company to create a new management policy, in this case, it is commonly related to the selection of KAP for external auditors. The company’s financial condition becomes the main factor that is highlighted by an auditor in providing audit opinions. Changes in the percentage of ups and downs in financial performance are also important to note by the management of the company so that the audit opinion is good. Previous research conducted by several researchers states that the change of management, the size of public accounting firms, and changes in the percentage of ROA against Auditor Switching there are positive influences and some have negative influences. This type of research is descriptive research with a quantitative approach. The population is 144 companies. A sample of 20 companies, so the sample is 120 data. Sampling method using nonprobability sampling type Purposive sampling. The results of this study are expected to be used by external and internal parties of the company to determine strategies for conducting auditor switching. The difference between this research and previous research is that the researchers conducted research on different years and objects and on different ROA conditions</em></p> 2023-01-18T00:00:00+07:00 Copyright (c) 2023 Inneke Nur Vivi, Evi Dwi Kartikasari, Irma Indira https://owner.polgan.ac.id/index.php/owner/article/view/1350 PENGARUH KINERJA KEUANGAN DAN KEPEMILIKAN TERHADAP NILAI PERUSAHAAN UNTUK SAHAM TERINDEKS LQ 45 2022-12-16T21:31:23+07:00 Temy Setiawan setiawantemy@gmail.com Venona Venona operasionaltemysetiawan@gmail.com <p><em>This study aims to analyze the effect of profitability, sales growth, managerial ownership, and public ownership on firm value in LQ45 Companies from Financial Statements listed on the Indonesia Stock Exchange in 2018-2021. The population object in this study used companies listed on the LQ45 Index for the period February 2022 - July 2022. This study used data collection methods with purposive sampling. The sample companies studied were 14 companies and 56 observation data. The analytical method used is by applying the panel data regression analysis method with the Eviews 9 statistical data processing application. The results of this study prove that only the profitability and managerial ownership variables have a positive effect on firm value. Meanwhile, the variables of sales growth and public ownership have no effect on firm value.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Temy Setiawan, Venona https://owner.polgan.ac.id/index.php/owner/article/view/1456 Faktor-Faktor Yang Memengaruhi Nilai Perusahaan Dengan Risiko Kredit Sebagai Pemoderasi 2023-01-18T08:46:27+07:00 Andry Priharta andry.priharta@umj.ac.id Nur Asni Gani n.asnigani@umj.ac.id Darto Darto darto@umj.ac.id Sulhendri Sulhendri sulhendri@umj.ac.id Uun Uniyawati uununiawati887@gmail.com <p><em>The price that investors are prepared to pay for a business's stock is a good indicator of the firm's value, and hence the stock market price is a good indicator of the value of the company. The CGPI, ROA, NIM, and NPL are just a few examples of parameters that will be investigated in order to ascertain the degree to which they have an impact on PBV. In this line of investigation, we make use of the common effect model in conjunction with the panel data regression technique. The research sample is State-Owned Banks in Indonesia, specifically Bank Negara Indonesia (BBNI), Bank Rakyat Indonesia (BBRI), Bank Tabungan Negara (BBTN) and Bank Mandiri (BMRI). The period from 2011 to 2020 will be examined by the research. According to the findings, CGPI, ROA, and NIM each have a considerable influence on PBV that is both positive and beneficial. It has been established that the variable NPL moderates by lowering the influence that CGPI has on PBV. On the other hand, it has not been demonstrated that the variables ROA and NIM moderate. This is because the NPL number, despite having increased, is still regarded to be within the tolerance limit, making it an acceptable risk despite the fact that it has increased.</em></p> 2023-01-25T00:00:00+07:00 Copyright (c) 2023 Andry Priharta, Nur Asni Gani, Darto Darto, Sulhendri Sulhendri, Uun Uniyawati https://owner.polgan.ac.id/index.php/owner/article/view/1365 Faktor-Faktor Yang Memengaruhi Perubahan Laba Pada Perusahaan Perbankan 2022-12-13T10:35:56+07:00 Christian Crespo Christiancrespo716@gmail.com Hermaya Ompusunggu hermaya@puterabatam.ac.id <p>Perubahan laba ialah fluktuasi laba yang sudah didapatkan oleh perusahaan dalam suatu jangka waktu tertentu. Perusahaan tentunya ingin mendapatkan laba yang terus meningkat, begitupula perusahaan perbankan. Hal ini tentunya diakibatkan oleh bermacam faktor. Pada penelitian ini digunakan beberapa variabel yaitu <em>non-performing loan</em>, <em>loan to deposit ratio</em> dan <em>dividend payout ratio</em>, dengan maksud melihat dampak <em>non-performing loan</em>, <em>loan to deposit ratio</em> dan <em>dividend payout ratio</em> baik secara parsial dan simultan atas perubahan laba pada perusahaan perbankan. Penelitian ini mempunyai populasi sebanyak 47 perusahaan perbankan yang telah ter<em>listing</em> pada Bursa Efek Indonesia, dan dengan pemakaian teknik <em>purposive sampling</em>, ditemukan sampel berjumlah 11 perusahaan. Riset ini memakai metode kuantitatif dengan data sekunder yakni laporan keuangan yang dikumpulkan dengan metode dokumentasi. Metode analisis yang dipakai ialah analisis deskriptif, uji asumsi klasik dan uji regresi linear berganda serta uji hipotesis. Melalui uji T, hasil yang didapatkan adalah <em>non-performing loan</em> tidak berdampak signifikan atas perubahan laba, <em>loan to deposit ratio</em> tidak berdampak signifikan atas perubahan laba dan <em>dividend payout ratio</em> berdampak signifikan atas perubahan laba. Melalui uji F didapatkan bahwa <em>non-performing loan</em>, <em>loan to deposit ratio</em> dan <em>dividend payout&nbsp; ratio</em> secara simultan tidak berdampak terhadap perubahan laba. Dari hasil koefisien determinasi, dikatakan ketiga variabel tersebut hanya mendeskripsikan perubahan laba sebesar 4,5%, dengan sisa 95,5% dideskripsikan oleh variabel lainnya.</p> <p><em>Profit changes is the </em><em>fluctuation</em><em> of the profit company earned at a certain period. Companies naturally want their profit to grow every period, so as banking companies. This matter </em><em>happen because of various </em><em>factors. </em><em>T</em><em>his research</em><em> uses</em><em> non-performing loan, loan to deposit ratio and dividend payout ratio</em><em> as variables</em><em>, with the purposes of seeing the impact of non-performing loan, loan to deposit ratio and dividend payout ratio partially and simultaneously on profit changes of banking companies. </em><em>T</em><em>his research has 47 banking companies</em> <em>that are </em><em>recorded</em><em> on the Indonesia Stock Exhange</em><em> as its population</em><em>, and with the use of purposive sampling technique, the amount of sample of this reseach is 11 banking companies. This research uses quantitative method with secondary data which is financial report that is collected by using documentation method. Data analysis methods used in this research are descriptive analysis, classical assumption test, multiple linear regression analysis. Through the T test, the results are non-performing loan has no significant impact on profit changes, loan to deposit ratio has no significant impact on profit changes and dividend payout ratio has significant impact on profit changes. Through the F test, it was found that non-performing loan, loan to deposit ratio and dividend payout ratio simultaneously has no significant impact on profit changes. From the result of the coefficient of determination, it is said that these three variable only describe 4,5% of profit change, with other 95,5% being describe by other variable.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Christian Crespo, Hermaya Ompusunggu https://owner.polgan.ac.id/index.php/owner/article/view/1371 Environmental, Social dan Governance (ESG) dan Kinerja Keuangan Perusahaan Publik di Indonesia 2023-01-03T21:15:48+07:00 Angela Merici Minggu angelaminggu10@gmail.com Jusuf Aboladaka jusufaboladaka@yahoo.com Godlief Fredrik Neonufa godliefneonufa@gmail.com <p><em>Companies have an important responsibility to contribute to pursuing and achieving the Sustainable Development Goals (SDGs) introduced by the United Nations. The company's approach used as an opportunity to contribute is engagement in practices that cover environmental, social and governance (ESG) aspects. Stakeholders will pay attention to companies that use the ESG strategy as part of the company's business strategy. This will certainly have an impact on increasing the value of the company. Changes in company value are driven by the good financial performance of the company. ESG practices are expected to receive a positive response from stakeholders so that they are considered as an important strategy in achieving the company's business continuity. Therefore, this study investigates the relationship between environmental, social and governance (ESG) practices and the performance of financial firms. The sample in this study was obtained using a purposive sampling technique. The sample was selected from a population of public companies listed on the Indonesia Stock Exchange in the 2010-2019 time period. The sample data obtained were grouped according to each of the research variables to be tested, namely environmental, social, governance, and Tobin's Q. Furthermore, hypothesis testing was carried out using the panel data regression statistical test approach with the help of SPSS 22 software. The results of the research show that environmental, social, and government variables affect the company's financial performance individually.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Angela Merici Minggu, Jusuf Aboladaka, Godlief Fredrik Neonufa https://owner.polgan.ac.id/index.php/owner/article/view/1291 Kesiapan dan Tantangan Perusahaan Asuransi di Indonesia dalam Menerapkan PSAK 74 2022-11-13T11:17:09+07:00 Samuel Tirta Hartojo 19g10047@student.unika.ac.id Vena Purnamasari vena@unika.ac.id <p><em>PSAK 74 is a new accounting standard in Indonesia that regulates Insurance Contracts and is the adoption of IFRS 17. Insurance companies need adjustments and can find obstacles when applying new accounting standards. The purpose of this study is to examine the readiness and challenges of insurance companies in Indonesia when implementing PSAK 74 before it is effective in 2025. The problem in this study is the readiness of insurance companies which includes understanding the scope, ability of Human Resources, Internal Control, Jobdesc Changes and infrastructure. technical. The second problem is the challenges of insurance companies which include data, systems, implementation processes, and display of financial statements. This study uses a survey method with data collection using a questionnaire. The data used in this study are the results of questionnaires to 59 insurance companies spread throughout Indonesia. Based on the research results, (1) insurance companies in Indonesia are ready to apply PSAK 74. (2) Insurance companies in Indonesia do not have challenges in implementing PSAK 74. The conclusion of this study is that when PSAK 74 is effectively implemented in 2025 it will not have a significant impact on insurance companies in Indonesia because every company has prepared things that support the implementation of PSAK 74 since before the initial implementation period, namely in 2023.</em></p> <p><strong><em>Keywords</em></strong><em>: PSAK 74, Readiness, Challenges, IFRS 17, Insurance Companies. </em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Samuel Tirta Hartojo, Vena Purnamasari https://owner.polgan.ac.id/index.php/owner/article/view/1378 ISU PASCA IMPLEMENTASI PSAK 73 DARI SUDUT PANDANG EKSTERNAL AUDIT 2022-12-14T19:17:50+07:00 Trisha Thalia trishathalia17@gmail.com <p><em><span style="font-weight: 400;">This study aims to identify post-implementation issues of PSAK 73 in companies in Indonesia from 2020, through the perspective of a public accounting firm, KAP XYZ, and provide solutions to issues that still arise until 2022, which is the third year of PSAK 73 implementation. The implementation of PSAK 73, which began in 2020, has forced many companies in Indonesia to adapt their lease contracts and calculations related to their leases. The significant change from PSAK 30 to PSAK 73 caused a lot of confusion and errors in its application to companies in Indonesia. This research was conducted at one of the top ten public accounting firms in Indonesia, where most clients of the public accounting firm have an obligation to apply PSAK 73. The research instruments used in this study include in-depth&nbsp; interviews. The data analysis used in this research is descriptive analysis, with an inductive approach. The results of this study shows that there are many issues that occurred in the first year of implementation of PSAK 73 on KAP XYZ clients, where most clients did not correctly implement PSAK 73 in the first year. In addition, many clients make contract amendments to avoid the application of PSAK 73. Auditors from KAP XYZ were consulting and guiding clients in implementing PSAK 73 on their financial statements since 2020 until present time, to minimize similar miscalculations to happen in the following years.&nbsp;</span></em></p> <p><br><br></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Trisha Thalia https://owner.polgan.ac.id/index.php/owner/article/view/1301 Pengaruh Carbon Emission Disclosure, Eco-Efficiency dan Green Innovation Terhadap Nilai Perusahaan 2022-11-22T10:43:18+07:00 Willy Sri Yuliandhari willyyuliandhari@telkomuniversity.ac.id Rr Sri Saraswati sassasuntung@telkomuniversity.ac.id Zaid Muhammad Rasid Safari zaidmrasids@gmail.com <p><em>Firm value is the realizable value of assets when company will be traded. The </em><em>firm </em><em>value can also come from the stock price</em><em> of the company</em><em>. Voluntary disclosure of environmental </em><em>performances </em><em>is way for companies to give signals to investors.</em><em> A positive signal will increase investor confidence and firm value.</em><em> This study aims to determine the effect of carbon emission disclosures, eco-efficiency and green innovation on firm value. Firm value </em><em>in this study </em><em>was measured using Tobin's Q ratio. The population in this study are High Profile Industrial Companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2021 period. The sample selection method </em><em>in this study </em><em>is purposive sampling. Based on sample selection criteria, the number of samples obtained was </em><em>16</em><em> companies with a total of </em><em>8</em><em>0 observations. The analytical technique used in this research is descriptive statistical </em><em>analysis </em><em>and panel data regression </em><em>analysis </em><em>using the Eviews application. The results of hypothesis testing show that simultaneously carbon emission disclosure, eco</em><em>-</em><em>efficiency and green innovation have a significant effect on firm value. Partially, carbon emission disclosures have a significant positive effect on firm value, green innovation has a significant negative effect on firm value, while eco-efficiency has no effect on firm value. </em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Willy Sri Yuliandhari, Rr Sri Saraswati, Zaid Muhammad Rasid Safari https://owner.polgan.ac.id/index.php/owner/article/view/1383 The Role of Government, Financial Literacy and Inclusion on MSME Finacial Performance 2022-12-19T22:47:50+07:00 Muhammad Istan muhammadistan@iaincurup.ac.id <p><em>Financial literacy is the community's knowledge, beliefs, and skills to have basic economic concepts to run a business. Financial literacy must be accompanied by financial inclusion in the use of technology and financial facilities for the community. In running their business, MSMEs must know financial literacy and inclusion. The government fully supported MSMEs in Indonesia after the pandemic and experienced a decline in economic activity. This research was conducted to see how the influence of financial literacy, financial inclusion, and government support on the performance of MSMEs. The method is carried out with a literature review of 8 studies related to the performance of MSMEs. The qualitative descriptive process is carried out with different types of sampling. Of the eight studies conducted, it is illustrated that financial literacy and inclusion significantly affect the performance of an MSME. The government in every region in Indonesia always supports the progress of an MSME. However, knowledge about financial literacy and inclusion has been unevenly distributed in Indonesia. Human resource improvement must also be carried out on MSMEs so that the performance of MSMEs can be evenly distributed throughout Indonesia.</em></p> <p>&nbsp;</p> <p>&nbsp;</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Muhammad Istan https://owner.polgan.ac.id/index.php/owner/article/view/1306 Badan Layanan Umum : Sebuah Inovasi Kelembagaan Pemerintahan 2022-11-23T10:32:51+07:00 Lisa Novianti noviantilisa3@gmail.com Suhanda Suhanda suhanda69@yahoo.com <p>BLU (Public Service Agency) is one of the NPM (New Public Management) instruments which has the idea of ??adopting the private sector into the public sector. BLU has a goal to improve services to the community economically, effectively and efficiently by implementing sound business practices and reforming public management that is bureaucratic, inefficient and less service and performance oriented. The focus of this research was carried out at the Padang Pariaman District Health Center which had been inaugurated using PPK-BLUD since the issuance of Padang Pariaman Regent Regulation No. 39 of 2018 concerning Financial Management of Regional Public Service Agencies in December 2018. The purpose of this research is to find out the motives behind the parties involved in disclosing the determination of the status of BLU Puskesmas and to find out the organizational and cultural structure design practices after being designated as BLU Puskesmas. The primary data collection method uses research instruments in the form of field observations and interviews with informants. The results of the study found that the background to the formation of the BLUD puskesmas was due to pressure from the authorities where the puskesmas was sheltered, both internally and externally from the puskesmas, giving rise to various reactions of puskesmas innovations to fulfill better health services from various sides. (2) The form of organizational and cultural structure design practices after being designated as BLUD Puskesmas is the discovery of the concept of private culture for Puskesmas members consisting of professionalism and entrepreneurship, ease of management and financial realization which has an impact on continuity of activities and improvement of service quality as well as guidance and supervision from various parties towards the implementers of the BLUD Puskesmas. However, there are several obstacles, namely multiple positions, the incompatibility of the executor's character with the objectives of the BLU concept and activities that are only carried out for accreditation management formalities and after that are only adjusted.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Lisa Novianti, Suhanda https://owner.polgan.ac.id/index.php/owner/article/view/1389 Peran Third Party Assurance, CSR dan Kinerja Keuangan: Financial Leverage sebagai Efek Moderasi 2022-12-18T11:34:52+07:00 Rizka Yulia Shafira rizkays4@gmail.com Hersugondo Hersugondo hersugondo@lecturer.undip.ac.id <p>The study aims to examine the mediating effect of third party assurance (TPA) and the moderating effect of financial leverage in corporate social responsibility (CSR) on the relationship between financial performance in the manufacturing industry in Indonesia. The research was conducted on manufacturing companies listed on the IDX in 2018-2020. The analytical method used is panel data regression analysis method and moderation regression model. The results of the study show that CSR has a positive effect on financial performance. TPA has a negative effect on financial performance and does not mediate the relationship between CSR and financial performance. Financial leverage is not significant with financial performance, but moderates the relationship between CSR and financial performance in pure moderation. Then, financial leverage is not significant with TPA, but it can moderate the relationship between CSR and TPA in pure moderation.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Rizka Yulia Shafira, Hersugondo https://owner.polgan.ac.id/index.php/owner/article/view/1316 Penurunan Tarif PPh Badan Sebagai Ketidakpastian Eksternal dan Tax Avoidance 2022-12-02T15:06:22+07:00 Mutya Raya mutya.nurmala11@ui.ac.id Milla Sepliana Setyowati milla.s@ui.ac.id <p>Penelitian ini bertujuan untuk menginvestigasi pengaruh perubahan kebijakan penurunan tarif PPh Badan sebagai ketidakpastian eksternal perusahaan terhadap penghindaran pajak yang atas perubahannya membuat perusahaan cenderung terlibat dalam praktik penghindaran pajak untuk lebih memastikan manfaat pajak di masa depan serta untuk meningkatkan nilai perusahaan. Menjadikan teori agensi sebagai dasar dalam menganalisis, penelitian ini menggunakan pendekatan kuantitatif dan mengolah data menggunakan metode regresi linear dengan sampel perusahaan industri <em>consumer non-cyclical</em> periode 2018-2020. Hasil olahan data menunjukkan bahwa ketidakpastian eksternal berpengaruh positif terhadap penghindaran pajak. Perubahan kebijakan perpajakan membuat sistem pajak menjadi tidak pasti bagi perusahaan sehingga menimbulkan sikap oportunis manajer untuk terlibat dalam penghindaran pajak. Tarif pajak yang berfluktutif akan berpengaruh pada manfaat pajak dan beban pajak perusahaan di masa depan sehingga perusahaan cenderung melakukan perencanaan pajak secara agresif yang apabila dilakukan secara intens akan lebih cenderung pada tindak penghindaran pajak. Penelitian ini berimplikasi pada pertimbangan pemerintah dalam melakukan penyesuaian atau perubahan kebijakan yang akan membuat celah penghindaran pajak akan semakin besar bagi pelaku bisnis. Oleh karena itu dibutuhkan peraturan penunjang untuk mencegah terjadinya peningkatan penghindaran pajak sebagai perilaku oportunistik dari pelaku usaha. Selain itu, penelitian ini juga berkontribusi secara teoritis dan memperkaya literatur mengenai hubungan antara ketidakpastian ekstenal, ketidakpastian manfaat pajak, teori agensi, nilai perusahaan, dan penghindaran pajak. Kebaruan yang ditawarkan dalam penelitian ini adalah analisis pengaruh perubahan kebijakan penurunan tarif PPh Badan yang terjadi di Indonesia akibat pandemic covid-19 sebagai ketidakpastian eksternal perusahaan terhadap perilaku penghindaran pajak.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Mutya Raya, Milla Sepliana Setyowati https://owner.polgan.ac.id/index.php/owner/article/view/1393 Pengaruh Kinerja Keuangan terhadap Nilai Perusahaan dengan Good Corporate Governance sebagai Variabel Moderasi pada Perusahaan Food and Beverage yang Terdaftar di Bursa Efek Indonesia 2023-01-02T11:58:19+07:00 Sri Hardianti srihardianti2300@gmail.com Eka ekasyam01@gmail.com Rina rinakarim98@gmail.com Arianti Latif ariantilatif@gmail.com Asriany asriany@umpalopo.ac.id <p><em>This study aims to examine and analyze the effect of financial performance on firm value. This study also examines the effect of moderating Good Corporate Governance on the relationship between Financia Performance (Return on Assets) and Corporate Value. This type of research is quantitative research. The popilation in this study are Food and Beverage companie listed on the Indonesia Stock Exchange in the 2016-2020 periode with a total of 30 companies observed. The sampling technique used is purpose sampling based on certain criteria. Based on these criteria, obtained a sample of 8 compains. Testing research data using simple linear regression analysis to test the first hypothesis and multiple linear regression analysis using moderated regression analysis (MRA) to test the second hypothesis. The results of the research on the first hypothesis using simple linear regression analysis show that the financial performance projected by Retur on Assets (ROA) has a significant effect on the moderating variable, Good Corporate Governance (Institusional Ownership) is not able to moderate the relationship between Financial Performance Return om Assets anf Firm Value.</em></p> <p>&nbsp;</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Sri Hardianti, Eka, Rina, Arianti Latif, Asriany https://owner.polgan.ac.id/index.php/owner/article/view/1329 MANAJEMEN LABA, TRANSFER PRICING, DAN PENGHINDARAN PAJAK SEBELUM DAN PADA MASA PENDEMI COVID-19 2022-11-30T09:22:36+07:00 Sartika Wulandari sartika_wulan@edu.unisbank.ac.id Rachmawati Meita Oktaviani meitarachma@edu.unisbank.ac.id Sunarto Sunarto sunarto@edu.unisbank.ac.id <p><em>The Covid-19 pandemic has caused uncertainty that must be faced by companies, including causing a decrease in revenue which results in a tax burden borne by the company. Tax avoidance is designed to reduce the tax burden, it can be the main agenda of company management, especially when experiencing financial difficulties. This study aims to provide empirical evidence regarding the effect of earnings management and transfer pricing on tax evasion, as well as examine differences in tax evasion before and during the Covid-19 pandemic. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange for the 2019-2020 period. By using purposive sampling technique, data were obtained from 62 companies. The data analysis technique uses Eviews version 11. The results show that earnings management has no effect on tax evasion, and transfer pricing has a significant positive effect on tax evasion. After conducting a different test with the Wilcoxon Non-Parametric Test, it can be concluded that there is no difference in tax evasion before and during the Covid-19 pandemic.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Sartika Wulandari, Rachmawati Meita Oktaviani, Sunarto https://owner.polgan.ac.id/index.php/owner/article/view/1398 Preferensi Risiko dalam Memoderasi Pengaruh Pemahaman Peraturan Perpajakan, Sanksi Perpajakan dan Kesadaran Wajib Pajak terhadap Kepatuhan Wajib Pajak 2023-01-07T14:57:06+07:00 Karina Elsani karina199elsani@gmail.com Aries Tanno ariestanno@eb.unand.ac.id <p><em>Indonesia as a developing country needs to increase the country's economic growth so that it can be on par with other countries. To make it happen, the State of Indonesia requires a sizable source of funds. As quoted from the official website of the Ministry of Finance, it is stated that the MSME sector has a very large contribution to the national economy and has a significant role in tax revenue</em><em>. </em><em>This study aims to examine the effect of understanding tax regulations, tax sanctions and taxpayer awareness on taxpayer compliance with risk preference as a moderating variable.</em> <em>Source data of this study is the primary data from online questionnaire shared in electronic by google form</em><em>. </em><em>The research sample is the taxpayers of </em><em>MSME</em><em> (Micro, Small and Medium Enterprises) registered at the Tax Service Office (</em><em>TSO</em><em>)</em><em> Pratama Padang Dua </em><em>as m</em><em>uch</em><em> as 99 respondents</em><em>. </em><em>Data analysis techniques using SEM model with Warp Partial Least Square (PLS) computer program version </em><em>7</em><em>.0.</em> <em>The results of this study indicate that understanding of tax regulations has a significant negative effect on taxpayer compliance, while tax sanctions have a positive and insignificant effect on taxpayer compliance and taxpayer awareness has a significant positive effect on taxpayer compliance.</em> <em>Besides that, risk preferences cannot moderate the effect of understanding tax regulations on taxpayer compliance.</em> <em>Meanwhile risk preferences are able to moderate the effect of tax sanctions on taxpayer compliance and risk preferences cannot moderate the effect of taxpayer awareness on taxpayer compliance. </em></p> <p><em>&nbsp;</em><strong><em>Keywords: </em></strong><em>Risk Preference</em><em>; </em><em>Tax Sanctions</em><em>; </em><em>Taxpayer Awareness</em><em>;</em><em> Taxpayer Compliance</em><em>;</em><em> Understanding of Tax Regulations</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Karina Elsani, Aries Tanno https://owner.polgan.ac.id/index.php/owner/article/view/1333 Analisis Kinerja Keuangan Perusahaan Terhadap Harga Saham 2022-11-27T20:51:53+07:00 Muhammad Iqbal Ramadhan muhammad.iqbal.ramadhan-2020@feb.unair.ac.id Laras Auditria Putri laras.auditria.putri-2020@feb.unair.ac.id <p>This study aims to examine the relationship between financial statement analysis consisting of Return On Assets, Current Ratio, Net Profit Margin, Earning Per Share, Current Ratio, and Leverage on stock prices. The population used in this study are all non-financial companies listed on the Stock Exchange. Indonesian securities during the 2016-2019 period, amounting to 1546 compiled from financial statements and OSIRIS. This study uses multiple linear regression for analysis techniques with STATA 14.0 software. The results showed that return on assets and Earnings Per Share had a positive and significant effect on stock prices.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Muhammad Iqbal Ramadhan, Laras Auditria Putri https://owner.polgan.ac.id/index.php/owner/article/view/1403 Pengaruh Kepemilikan Investor Institusi Asing Terhadap Volatilitas Harga Saham di Indeks Kompas100 2023-01-21T09:55:43+07:00 Muhamad Farhan muhamadfarhan14@gmail.com Sung Suk Kim sungsuk.kim@uph.edu <p>This journal investigates the effect of foreign institutional investor ownership on share price volatility with a sample of 207 companies between 2008 and 2021 that are included in the Kompas100 Index. The empirical results of this study indicate that foreign institutional investor ownership reduces share price volatility in Indonesia with control variables: market capitalization, turnover, leverage, and market to book. In addition, we also document the results of research that the greater the market capitalization of a company, the lower the volatility of its share price and foreign investors increase stock trading turnover in Indonesia because it attracts the attention of domestic investors, especially individual investors. Foreign institutional investors also prefer to invest in companies with a market to book rating that have a premium.</p> 2023-01-28T00:00:00+07:00 Copyright (c) 2023 Muhamad Farhan, Sung Suk Kim https://owner.polgan.ac.id/index.php/owner/article/view/1337 Efek Dari Makro, Industri dan Karakter Spesifik Perusahaan Terhadap Non Performing Loan Di Indonesia 2022-11-30T09:20:54+07:00 Stanley Mulja smulja@gmail.com Sung Suk Kim sungsuk.kim@uph.edu <p>The role of the banking sector is very important for the country's economic system, so it is important for banking institutions to maintain their profitability and efficiency. Currently the banking sector is facing the threat of credit risk indicated by the NPL, where this risk can affect the financial well-being and the role of the banking system. This study aims to examine the effect of bank-specific variables, macroeconomic variables, and industry-specific variables on credit risk as indicated by the NPL level in the Indonesian banking sector. The sample used in this study was 46 banks which were companies listed on the Indonesia Stock Exchange (IDX) during the period 2000 to 2020. The results showed that only bank-specific variables, namely bank capitalization, bank performance, loan growth, and bank diversification, were affect the level of NPL banking sector in Indonesia. Meanwhile other bank specific variables, namely bank size, bank inefficiency, ownership concentration, as well as macroeconomic variables (GDP growth, inflation, public debt, unemployment) and industry specific variables (interbank concentration) do not affect the level of credit risk as indicated by the NPL level of the banking sector in Indonesia.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Stanley Mulja, Sung Suk Kim https://owner.polgan.ac.id/index.php/owner/article/view/1415 Covid-19 dan Strategi Keberlangsungan Bisnis: Studi Kasus pada Perusahaan Makanan dan Minuman di Indonesia 2023-01-02T22:07:56+07:00 Afifah Rida Salsabila afifahridasalsabila@gmail.com Hilda Rossieta hilda.rosieta@ui.ac.id <p>Penelitian ini bertujuan untuk memahami dampak krisis Covid-19 terhadap perusahaan makanan dan minuman serta strategi keberlangsungan bisnis yang dilakukan oleh perusahaan dalam mengatasi krisis. Penelitian ini menggunakan penelitian studi kasus dengan pendekatan kualitatif. Data yang digunakan dalam penelitian ini adalah data sekunder yang dikumpulkan dari sampel perusahaan makanan dan minuman terpilih yang terdaftar di Bursa Efek Indonesia (BEI) berupa laporan tahunan, paparan publik, berita, dan informasi publik lainnya selama masa krisis pada tahun 2020 dan 2021. Pengambilan sampel dilakukan pada 18 perusahaan yang terdaftar di sektor makanan dan minuman di BEI yang mengalami penjualan negatif pada tahun 2020 dan 2021. Setelah itu, dilakukan pengelompokan terhadap perusahaan-perusahaan tersebut ke dalam tiga kategori berdasarkan kapitalisasi pasar. Dari setiap kategori kapitalisasi pasar, dipilih satu perusahaan dengan tingkat penjualan negatif tertinggi untuk dianalisis. Penelitian ini mengungkap bahwa krisis Covid-19 memberikan dampak yang signifikan pada masing-masing perusahaan, tidak hanya dilihat dari aspek keuangan tetapi juga dari aspek non-keuangan. Dampak krisis Covid-19 mendorong perusahaan untuk merumuskan strategi baru untuk mengatasi krisis dan menjaga kelangsungan bisnisnya, bahkan jika harus mengubah seluruh model bisnisnya.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Afifah Rida Salsabila, Hilda Rossieta https://owner.polgan.ac.id/index.php/owner/article/view/1345 Pengaruh Asimetri Informasi, Budaya Organisasi dan Implementasi Good Governance terhadap Kecurangan Akuntansi 2022-12-14T05:54:19+07:00 Muhammad Fazli muhammadfazli178@gmail.com Vince Ratnawati vince.ratnawati@lecturer.unri.ac.id Azwir Nasir azwir.nasir@lecturer.unri.ac.id <p><em>Th</em><em>e purpose of this </em><em>study </em><em>was to determine the effect of Information Asymmetry, </em><em>Organizational Culture, </em><em>Implementation of </em><em>Good Governance </em><em>on the dependent variable of Accounting Fraud with Internal Control as a </em><em>&nbsp;moderating variable. </em><em>The </em><em>population in this study was 46 OPD in Bengkalis Regency and the number of </em><em>sampl</em><em>es studied were 46 OPD in Bengkalis Regency with a total of 138 people. </em><em>The data source is the primary data from the questionnaire. Variables are measured with a 5 point Likert scale. </em><em>The data collection method is Structural Equation Modeling Partial Least Square (SEM-PLS) using </em><em>WarpPLS </em><em>software version 5</em><em>.0</em><em>.</em><em>&nbsp;The results </em><em>show that Information Asymmetry has a &nbsp;positive effect on Accounting Fraud, </em><em>Organizational Culture</em><em>&nbsp;and Implementation of </em><em>Good Governance</em><em>&nbsp;have a negative effect on Accounting Fraud, Internal Control weakens the positive effect of Information Asymmetry on Accounting Fraud, and Internal Control strengthens the influence of Organizational Culture and implementation of </em><em>Good Governance </em><em>on Accounting Fraud</em><em>.</em><em>&nbsp;The implementation of Good Governance directly has a negative effect on fraud, with the existence of a negative influence between the implementation of Good Governance on fraud, the implementation of internal control is able to strengthen the level of negative influence between the implementation of Good Governance on fraudulent acts that occur.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Muhammad Fazli, Vince Ratnawati, Azwir Nasir https://owner.polgan.ac.id/index.php/owner/article/view/1440 Analisis Technology Acceptance Model (TAM) Terhadap Pengguna Aplikasi Mobile Banking 2023-01-13T13:11:24+07:00 Agus Siswoyo agussiswoyo1108@gmail.com Bambang Setyobudi Irianto bb.setyobudi@gmail.com <p><em>This study aims to determine the level of user acceptance of the Livin' by Mandiri mobile banking application using the Technology Acceptance Model (TAM) approach. In this study using the TAM framework, namely perceived usefulness, perceived ease of use, attitude to use, behavioral intention, and use of the actual system. The research was conducted on Livin' by Mandiri users in Tegal City using a purposive convenience sampling technique, obtained 104 respondents. The type of data used is primary data with data collection methods using questionnaires. The data analysis method uses the Partial Least Square (PLS) statistical test approach with the analytical tool used is WarpPLS 7.0. The results showed that perceived ease of use had an effect on perceived benefit, perceived ease of use had an effect on attitude of use, perceived benefit had no effect on attitude of use, attitude of use had had an effect on behavioral intention, and behavioral intention had had an effect on system use. The implications of the results of this research are input for Bank Mandiri to continue to improve its mobile banking services in order to increase the number of Livin' by Mandiri users.</em></p> 2023-01-27T00:00:00+07:00 Copyright (c) 2023 Agus Siswoyo, Bambang Setyobudi Irianto https://owner.polgan.ac.id/index.php/owner/article/view/1361 The Modernization of Information Technology and Government Accounting Standards On Financial Reports With HR Capacity As Moderation During the Covid-19 Pandemic 2022-12-14T19:19:07+07:00 Dwirini Dwirini dwirinid14@gmail.com <p>This study aims to examine the moderation of HR capacity towards information technology modernization, and SAP with government financial reports. The study population was all civil servants/non civil servants with bachelor's degrees (S1) in all majors who worked in each SKPD. Researchers used a sampling technique in the form of nonprobability sampling by means of convenience sampling and obtained a sample of 72 respondents. This type of research is quantitative research with primary data using a questionnaire as data collection material. This study uses the SmartPLS 3.0 analysis tool. The results of the research show that (1) IT modernization has no effect on the results of financial reports; (2) government accounting standards (SAP) affect the results of financial reports; (3) HR capacity strengthens the positive effect of IT modernization on financial reporting results; and (4) HR capacity strengthens the positive influence of SAP on financial reporting results.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Dwirini https://owner.polgan.ac.id/index.php/owner/article/view/1367 Analisis Faktor-Faktor yang Mempengaruhi Tax Avoidance 2022-12-14T05:09:54+07:00 Eva Nurul Ramdiani 530057319@ecampus.ut.ac.id Tri Gunarsih trigunarsih@uty.ac.id Etty Puji Lestari ettypl@ecampus.ut.ac.id <p><em>Tax avoidance is one of the main issues that need to be followed up more seriously by various parties, especially the government, so it becomes an important issue to be investigated. This study aims to determine the effect of institutional ownership, corporate social responsibility, profitability, and capital intensity on tax avoidance. In addition, this study investigates whether audit quality moderates the effect of institutional ownership on tax avoidance. The tax avoidance variable in this study is proxied by using the Cash Effective Tax Rate (CETR). The population of this study is consumer cyclical companies listed on the Indonesia Stock Exchange in 2018 – 2020, with a total sample of 66 company data</em><em>&nbsp;that meet the criteria</em><em>. The data collection method used is the purposive sampling method. The primary analytical tool in this research is panel data regression analysis.</em><em>&nbsp;</em><em>The results showed that institutional ownership, profitability, and capital intensity had no significant effect on tax avoidance. In contrast, CSR has a negative and significant effect on tax avoidance. Audit quality does not moderate effect of institutional ownership on tax avoidance.</em><em>&nbsp;A</em><em>udit quality which acts as a form of transparent supervision with accurate disclosure is not a tool that can influence tax avoidance actions.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Eva Nurul Ramdiani, Tri Gunarsih, Etty Puji Lestari https://owner.polgan.ac.id/index.php/owner/article/view/1373 Analisis Manajemen Risiko Bank Syariah Dalam Melakukan Transformasi Digital (Studi Kasus Pada Bank AS) 2022-12-14T21:53:06+07:00 Abdul Malik Fajri abdul.malik11@ui.ac.id Evony Silvino Violita evony.silvino@gmail.com <p><em>This study aims to find out how appropriate the application of risk management is in carrying out digital transformation at Bank AS in accordance with the applicable provisions and concepts, so that it can be used as material for consideration for management to make improvements and strengthen the application of risk management, especially in carrying out the digitalization process in Islamic banking. This research uses a qualitative approach in the form of case study research. The data used is primary data with research data collection instruments in the form of interviews and secondary data in the form of documentation. The object of research is the Bank AS, which is one of the sharia banks that is currently carrying out digital transformation of its services. The results of the study show that Bank AS already has the implementation of risk management related to information technology in carrying out digital transformation which is in line with the three components of the Risk IT Framework however, there are several things that are considered to be obstacles such as in socializing a culture of risk awareness, delays in reporting, and regarding plans mitigation.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Abdul Malik Fajri, Evony Silvino Violita https://owner.polgan.ac.id/index.php/owner/article/view/1292 Pengelolaan Keuangan Berbasis Gusjigang 2022-11-12T14:43:04+07:00 Sri Mulyani s.mulyani@umk.ac.id <p><em>Financial management has an important role in business operations. Every business is inseparable from what is called "money" including micro business. The purpose of this study is to explore financial management in micro-businesses that apply the philosophy of gusjigang. The methods used in this study are qualitative descriptive. Informants in this study consisted of two micro-business actors who struggled in the business of jenang Kudus and konveksi as well as the Department of Manpower, Industry, Cooperatives, and SMEs of Kudus Regency. The findings in this study of the philosophy of gusjigang consist of three series of words. First, gus which has a good meaning is used as a philosophy related to ethics in managing business finances. Second, ji has the meaning of falsifies applying, and continuing to learn accounting science to realize good financial management.&nbsp; Third, the gang which means trade is finalized by always being creative and innovative in maintaining business survival. The conclusion obtained from the results of this study shows that the philosophy of gusjigang is used as a philosophy and has become a character for micro-businesses in business financial management.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Sri Mulyani https://owner.polgan.ac.id/index.php/owner/article/view/1381 Return Saham Perusahaan Pertambangan pada Masa Pandemi Covid-19 di Indonesia 2022-12-14T22:07:45+07:00 Lisandri Lisandri lisandri@stiei-kayutangi.bjm.ac.id Soelistijono Boedi soelis@stiei-kayutangi.bjm.ac.id Akhmad Yafiz Syam yafiz@stiei-kayutangi.bjm.ac.id Steven Aditiajaya stevenjaya64@gmail.com Suriansyah Suriansyah isuraja99@gmail.com <p><em>This study aims to test and analyze empirically the effect of Profitability, Leverage, Liquidity, and Company Size on stock returns. This study uses secondary data with a sample of 47 insurance sub-sector companies listed on the Indonesia Stock Exchange in 2019-2021 which were obtained using a purposive sampling method. Data analysis in this study used a multiple linear regression model. The results of this study indicate that Profitability, Leverage, Liquidity have no effect on stock returns. Meanwhile, company size has an effect on stock returns</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Lisandri, Soelistijono Boedi, Akhmad Yafiz Syam, Steven Aditiajaya, Suriansyah https://owner.polgan.ac.id/index.php/owner/article/view/1302 Sinergi Lima Bintang Guna Kebangkitan Ekonomi Bangsa Melalui Sustainability Industri Kecil Menengah Di Era Society 2022-11-23T10:15:37+07:00 Samas Adimisa Mishbah Habibie samh.1099@gmail.com Rida Perwita Sari samh.1099@gmail.com <p>&nbsp; Penelitian ini bertujuan untuk menganalisa peran sinergi lima bintang (<em>pentahelix</em>) guna keberlangsungan industri kecil menengah menciptakan <em>value chain</em> yang akan membangkitkan ekonomi bangsa di era <em>society</em> 5.0. Metode penelitian ini kualitatif fenomenologi dengan pendekatan <em>pentahelix.</em> Studi kasus penelitian ini diambil di sentra industri Kampung Tempe Sanan, Kota Malang. Inti sari penelitian ini mengatakan adanya peran dari berbagai pihak seperti Pemerintah, Masyarakat, Akademisi, Pelaku Media, dan Pelaku Usaha akan memberikan dampak positif guna keberlangsungan usaha Industri Kecil Menengah mengahadapi era <em>soceity</em> 5.0. Peran sinergi lima bintang (<em>pentahelix</em>) membuat peningkatan kemampuan (SDM) dan kualitas produk yang dihasilkan. Sehingga IKM mampu meningkatkan profitabilitas mereka dan menciptakan <em>value chain</em> semakin panjang yang berdampak pada kebangkitan ekonomi bangsa. Para pelaku IKM tetap harus mampu meningkatkan kualitas dan kuantitas usaha mereka sendiri dengan mau belajar dan berkembang. Penelitian ini menggunakan pendekatan pentahelix untuk menganalisa <em>positive power</em> dari peran berbagai pihak guna keberlangsungan usaha IKM di era society 5.0.</p> <p>Kata Kunci : <em>Sustainability; </em>Industri Kecil menengah; <em>Era Society</em> 5.0; Sinergi <em>Pentahelix</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Samas Adimisa Mishbah Habibie, Rida Perwita Sari https://owner.polgan.ac.id/index.php/owner/article/view/1384 ANALISIS SWOT ATAS STRATEGI EKSPANSI RUMAH SAKIT HM DITINJAU DARI KINERJA KEUANGAN DAN NON KEUANGAN 2022-12-14T22:02:07+07:00 Retta Farah Pramesti farahmesti@gmail.com <p><em>This study aims to understand how the SWOT analysis of the expansion strategy at HM Hospital is based on financial and non-financial performance. The theory used is Resource Based View Theory (RBV), SWOT analysis, theory of performance, and expansion. This research method uses quantitative and qualitative studies based on case study analysis of HM Hospital. The results showed that the financial performance of HM Hospital using accounting techniques showed that HM Hospital's finances were satisfactory in 2017-2019, but have a significant decrease in 2020. Based on non-financial performance, HM Hospital which operates distinctive of heart and internal medicine is already good in terms of buildings, technology, organization, innovation, reputation and services that focus on middle to lower patients. HM Hospital focuses on the best cost strategy to peak.competitive advantage. Based on the evaluation of financial and non-financial performance, HM Hospital can focus on four strategies, it is ST(Strength-Threat), SW(Strength-Weakness), WO(Weakness-Opportunity) and WT (Weakness-Threat). By maximizing it, HM Hospital's future expansion strategy can be growth by opening new branches in the form of clinics or hospitals and successfully being listed on the Indonesia Stock Exchange (IDX) in 2024 with careful preparation and planning.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Retta Farah Pramesti https://owner.polgan.ac.id/index.php/owner/article/view/1309 Pengaruh Penjualan dan Beban Pokok Penjualan Terhadap Laba Bersih 2022-11-21T12:40:39+07:00 Suci Tri Wahyuni sucitrwhyn@gmail.com Debbie Christine debbie.christine@widyatama.ac.id <p><em>Manufacturing Industry is one of the factors supporting the economic growth, including the sector of basic and chemical industries. Every company will try to make profits, sales and cost of sales are including the factors can influence profit-making. The purpose of this research is to investigate the influence of sales and cost of sales in partial and simultaneous manner to net profits in manufacturing companies at the sector of basic and chemical industries registered in Indonesia Stock Exchange during the period of 2018-2021. The variables tested in this research are sales and cost of sales is the independent variable while the dependent variable is net profits. The method used in this research is the associative method. The number of populations in this research is 75 manufacturing companies at the sector of basic and chemical industries registered in Indonesia Stock Exchange during the period of 2018-2021. The method of sampling selection used is purposive sampling so that 26 samples are taken to be analyzed. The data analysis is conducted by using panel data regression. The program used for data processing is EViews 12. The results of this research indicate that partially sales and cost of sales influence on the net profits, and simultaneously sales and cost of sales have significant influence on the net profit by 62,1488%.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Suci Tri Wahyuni, Debbie Christine https://owner.polgan.ac.id/index.php/owner/article/view/1391 Corporate Governance, Profitabilitas, Size, Growth, dan Nilai Perusahaan 2022-12-20T17:25:30+07:00 Azhar Latief al824@umkt.ac.id Fenty Fauziah ff230@umkt.ac.id <p>The purpose of this research is to test and analyze the effect of profitability as measured by ROA, size as measured by total assets, and growth as measured by asset growth on firm value as measured by Tobin's Q; to test and analyze how corporate governance as measured by the CGPI scores moderates the effect of profitability, size, and growth on firm value. Data used in this research is secondary data. There is 302 population used in this research which is companies were included in the CGPI rating in period 2011-2019 (pooled data). There are 45 samples selected by using the purposive sampling method. The data analysis technique used is PLS-SEM. This research showed that profitability has a significant positive effect on firm value, size has a significant positive effect on firm value, growth hasn't a significant effect on firm value. Corporate governance hasn't moderated the effect of profitability on firm value, corporate governance has strengthened the effect of size on firm value, and corporate governance hasn't moderated the effect of growth on firm value.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Azhar Latief, Fenty Fauziah https://owner.polgan.ac.id/index.php/owner/article/view/1322 Faktor Faktor Determinant Pertumbuhan Ekonomi Regional Pada Masa Pandemi Di Jawa Tengah 2022-12-12T12:38:52+07:00 Kartika Widyasari widyasarikartika05@gmail.com Novi Dirgantari novidirgantari@ymail.com Sri Wahyuni yuniku-7067@gmail.com Hardiyanto Wibowo hardiyantowb2d@gmail.com <p><em>Due to the covid-19 pandemic, which is assumed to be equivalent to the economic crisis, regions in Central Java are one of the regions that are economically highly affected. This is evidenced by the decline in GRDP to -2.65 in the mid-May 2021 period. The purpose of this study is to empirically examine the impact of local own-source revenue, capital expenditure, unsuspent funds (SiLPA) and budget refocusing on regional economic growth in central Java regions and cities in 2019-2021. Quantitative method with multiple linear regression and&nbsp; using secondary data is used. The results showed that local own-source revenue (PAD), capital expenditure and unsuspent funds have a positive effects on regional economic growth. Meanwhile, budget refocusing have no effect on dependent variable.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Kartika Widyasari, Novi Dirgantari, Sri Wahyuni, Hardiyanto Wibowo https://owner.polgan.ac.id/index.php/owner/article/view/1395 Pengaruh Free Cash Flow dan Financial Distress Terhadap Manajemen Laba pada Perusahaan Infrastruktur, Utilitas, dan Transportasi Terdaftar Di Bursa Efek Indonesia 2022-12-19T13:37:11+07:00 Bayu Kurnia bayukurnia293@gmail.com Yati Mulyati Yati.mulyati@widyatama.ac.id <p><em>Financial reports that show company profits and performance are profit and loss reports that are useful for stakeholders and investors to use in considering and estimating an investment or even in making contracts and estimating the viability of a company. Earnings management is one way that can be done. Manager intervention to carry out earnings management by increasing or decreasing profits to achieve a certain profit level to benefit himself or the company. This study aims to determine the effect of free cash flow and financial distress on earnings management. The sample for this study is infrastructure, utilities, and transportation companies listed on the Indonesia Stock Exchange for the 2019-2021 period. The total sample used was 29 companies with 87 observational data obtained. The sampling technique used was the purposive sampling method and testing was carried out with the help of Eviews software. The research results from the data used, for the classic assumption test, have passed the test and have met the established criteria. The results of the F test show that the earnings management variable is influenced simultaneously by the free cash flow and financial distress variables. The results of the t-test show that free cash flow and financial distress have a significant value on earnings management. This study concludes that free cash flow and financial distress have a positive effect on earnings management</em>.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Bayu Kurnia, Yati Mulyati https://owner.polgan.ac.id/index.php/owner/article/view/1330 Strategi Pengembangan Usaha Mikro Kecil Dan Menengah (UMKM) Keripik Tempe Selama Masa Pandemi Covid-19 Di Kabupaten Deli Serdang 2022-11-30T09:06:17+07:00 Siti Wulandari Sitiwulandari@gmail.com Mitra Musika Lubis mitra@staff.uma.ac.id Ahmad Rizki harahap ahmadrizkihrp@unds.ac.id Khairul Saleh khairulsaleh1959@yahoo.com <p><em>Tempe chips are food made from soy tempeh in the form of plates / thin slices that are fried with the addition of flour and spices. The problem with tempe chip processing SMEs today is how to develop a strategy for developing micro, small and medium enterprises (UMKM) for tempe chips during the Covid-19 pandemic in Deli Serdang Regency. The purpose of this study was to determine the development strategy of Tempe Chips Micro, Small and Medium Enterprises (MSMEs) during the Covid-19 pandemic in Deli Serdang Regency. The method used to determine the strategy for developing tempeh chips is by using the Analytical Hierarchy Process (AHP) method. Based on the results of research using the Analytical Hierarchy Process (AHP) method of tempe chips in Deli Serdang Regency, a development strategy that is a priority to be applied is by increasing cooperation with retailers so that it will increase consumer purchasing power for tempe chip products. criteria and alternatives that become priority are the value of purchasing power with a weight of 18.16 and the value of retailers with a weight of 35.40</em><em>.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Siti Wulandari, Mitra Musika Lubis, Ahmad Rizki harahap, Khairul Saleh https://owner.polgan.ac.id/index.php/owner/article/view/1399 The Analysis Crisis Of Legitimation And Sustainable Development Of PT Pelindo Bengkulu Due To Land Conflict With Communities 2023-01-07T15:00:47+07:00 Deasy Emalia deasyemalia56@gmail.com <p><em>Penelitian ini bertujuan untuk menganalisis </em><em>krisis legitimasi dan pembangunan berkelanjutan PT Pelindo Bengkulu akibat terjadinya konflik lahan dengan masyarakat, dengan menggunakan teori legitimasi sebagai landasan dalam membantu menganalisis dengan memberikan makna terhadap data temuan dari hasil penelitian tentang pengaruh konflik lahan terhadap legitimasi dan pembangunan berkelanjutan perusahaan. Penelitian ini menggunakan strategi penelitian studi kasus dan pendekatan penelitian kualitatif, dengan menggunakan single unit analysis yaitu PT Pelindo Bengkulu. Metode penelitian yang dilakukan pada penelitian ini menggunakan metode deskriptif kualitatif untuk membantu menggambarkan dan menjelaskan hasil temuan dari data penelitian melalui observasi, dokumentasi, dan wawancara yang kemudian akan dilakukan analisis dengan menggunakan metode analisis konten, tematik, dan constant comparative. Penelitian ini mengungkapkan pengaruh konflik lahan terhadap legitimasi dan pembangunan berkelanjutan perusahaan. Penelitian ini berhasil mengungkapkan repairing legitimacy sebagai bentuk krisis legitimasi perusahaan, dan menemukan strategi yang diadopsi perusahaan berdasarkan teori legitimasi, yaitu strategi umum “avoid overreaction/don’t panic” dan strategi legitimasi pragmatis yaitu strategi “deny”, “create monitors”. Penelitian ini berbeda dari penelitian sebelumnya karena penelitian ini dilakukan untuk melihat dari perspektif internal perusahaan dengan menggunakan data primer dan sekunder untuk mengatasi keterbatasan penelitian sebelumnya yang berasal dari media pengungkapan online seperti website perusahaan dan berita online serta melakukan observasi, dokumentasi dan wawancara langsung dengan perusahaan.</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Deasy Emalia https://owner.polgan.ac.id/index.php/owner/article/view/1335 PENGADOPSIAN STANDAR LAPORAN KEUANGAN SEBAGAI PEMEDIASI HUBUNGAN ANTARA LITERASI KEUANGAN DAN INKLUSI KEUANGAN TERHADAP KINERJA UMKM DI KOTA PEMATANGSIANTAR 2022-11-29T10:01:28+07:00 hery silitonga herysilitonga@gmail.com Ruth Tridianty Sianipar ruthsianipar@stiesultanagung.ac.id Juan Anastasia Putri juanputri@stiesultanagung.ac.id Robert Tua Siregar tuasir@stiesultanagung.ac.id <p><em>This study aims to determine the adoption of financial reporting standards in mediating the relationship between financial literacy and financial inclusion on the performance of MSMEs in Pematang Siantar City. Library and field research design with a quantitative approach. The research subjects taken in this study were MSME actors in Pematangsiantar City. The research was carried out in eight sub-districts in Pematangsiantar City. Data collection techniques using observation, interviews, questionnaires and documentation. The data analysis method used is Partial Least Square (PLS). The data analysis test tool uses the Smartpls statistical software. The results obtained were positive and significant between financial literacy and the adoption of financial reporting standards, financial literacy and MSME performance, financial inclusion and MSME performance, adoption of financial reporting standards and MSME performance, and positive and insignificant results between financial inclusion and adoption of financial reporting standards. the results of moderation obtained by the variable adopting financial reporting standards are proven to be able to mediate the relationship between financial literacy and MSME performance</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 hery silitonga, Ruth Tridianty Sianipar, Juan Anastasia Putri, Robert Tua Siregar https://owner.polgan.ac.id/index.php/owner/article/view/1408 Pengaruh Struktur Good Corporate Governance Terhadap Tax Avoidance 2022-12-22T00:09:35+07:00 Yeni Cristan yenicristan@gmail.com <p>Pajak merupakan penghasilan terbesar dalam negara Indonesia, tetapi masih banyak wajib pajak yang lalai dalam memenuhi kewajiban pajaknya. Perusahaan beranggapan pembayaran pajak yang tinggi mengurangi laba usaha dan menghambat perkembangan perusahaan. Pengelola perusahaan kerap melakukan kecurangan demi mendapatkan keuntungan yang besar, itulah sebabnya tata kelola perusahaan sangat dibutuhkan dalam mengontrol perusahaan. Riset ini dilakukan dengan tujuan untuk menguji pengaruh <em>Good Corporate Governance</em> terhadap <em>Tax Avoidance</em>. <em>Good Corporate Governance</em> yang diproksi sebagai Kepemilikan Manajerial, Kepemilikan Institusional, Dewan Komisaris Independen dan Komite Audit digunakan sebagai variabel independen, sedangkan variabel dependennya adalah <em>Tax Avoidance </em>yang diukur dengan <em>Effective Tax Rate </em>(ETR). Penelitian ini menggunakan pendekatan kuantitatif dengan bentuk asosiatif untuk mengetahui korelasi antarvariabel. Populasi yang digunakan sebagai objek penelitian adalah perusahaan sektor industri barang konsumsi yang terdaftar di Bursa Efek Indonesia periode 2017-2021 yang berjumlah 81 perusahaan. Teknik pengambilan sampel yang digunakan adalah <em>purposive sampling</em><em>,</em> dimana sampel sebanyak 14 perusahaan dikumpulkan dalam kurun waktu lima tahun, sehingga diperoleh 62 sampel setelah dilakukan data outlier. Metode analisis data yang digunakan yaitu uji statistik deskriptif, uji asumsi klasik, analisis regresi linear berganda dan uji hipotesis. Hasil penelitian menunjukkan Kepemilikan Manajerial, Kepemilikan Institusional dan Komite Audit secara parsial tidak mempengaruhi secara signifikan terhadap <em>Tax Avoidance</em>, sedangkan Dewan Komisaris Independen berpengaruh signifikan negatif terhadap <em>Tax Avoidance. </em>Kepemilikan Manajerial, Kepemilikan Institusional, Dewan Komisaris Independen dan Komite Audit secara simultan tidak mempengaruhi <em>Tax Avoidance</em>.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Yeni Cristan https://owner.polgan.ac.id/index.php/owner/article/view/1338 Pengaruh Penerapan ESG Terhadap Nilai Perusahaan di Indonesia 2022-11-29T13:42:26+07:00 Jeanice Jeanice jeanicevanuella@gmail.com Sung Suk Kim sungsuk.kim@uph.edu <p>The development of the application of ESG aspects for companies continues to increase. This can be seen by the growing sustainability investment from many companies that pay attention to good ESG aspects. This study aims to investigate the effect of ESG on company performance in Indonesia. A total of 45 companies on the IDX (Indonesian Stock Exchange) for 3 years from 2018-2020 were used. The effect of ESG on company performance is measured using a panel model after correcting violations of its assumptions. The results showed that the ESG variable had a negative and significant effect on ROE and had no effect on simplified Tobin's.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Jeanice, Sung Suk Kim https://owner.polgan.ac.id/index.php/owner/article/view/1434 PEMAHAMAN PENGGEMAR KOREAN POP ATAS BEA MASUK PEMBELIAN MERCHANDISE 2023-01-12T23:08:50+07:00 Diana Frederica diana.frederica@ukrida.ac.id Immanuela Alexandra Johanna Rachel Pongoh immanuella.2018ea080@civitas.ukrida.ac.id Deni Iskandar denny.iskandar@ukrida.ac.id <p><strong>Kebijakan peraturan terbaru terkait dengan kegiatan impor, merupakan solusi pemerintah meningkatkan kesejahteraan pegusaha dalam negeri. Maka dengan ditetapkannya peraturan baru yaitu PMK No 199/PMK.010/2019 diharapkan dapat menekan angka kegiatan impor barang sehingga masyarakat dapat memilih untuk membeli produk dalam negeri.&nbsp; Dalam penerapan PMK No 199/PMK.010/2019 timbul pro dan kontra dikalangan masyarakat, tak terkecuali penggemar <em>Korean POP (Carat)</em>. Oleh karena itu, tujuan dari penelitian ini adalah untuk mengetahi pemahaman penggemar <em>Korean POP (Carat) </em>terkait dengan peraturan, tarif pajak, penghitungan, serta sistem pembayaran bea masuk dalam membeli <em>merchandise</em>. Serta, untuk mengetahui minat penggemar <em>Korean POP (Carat) </em>dalam membeli <em>merchandise </em>setelah ditetapkannya peraturan baru. Jenis penelitian ini adalah penelitian kualitatif dengan pendekatan fenomenologi. Jenis data yang digunakan dalam penelitian ini adalah data primer. Populasi penelitian adalah masyarakat yang pernah membeli <em>merchandise</em> Korea. Metode pengambilan sampel melalui metode <em>convenience sampling</em> yang sesuai dengan kriteria penelitian, yaitu penggemar yang sudah pernah melakukan pembelian merchandise minimum satu kali setelah ditetapkannya PMK 199/PMK.010/2019. Data didapatkan dengan menyebarkan kuesioner dan melakukan wawacara kepada 20 narasumber. Hasil dari penelitian ini menunjukkan bahwa kenaikan tarif menimbulkan rasa keberatan dikalangan penggemar <em>Korean POP (Carat) </em>dalam membeli <em>merchandise </em>karena ketidakpahaman akan peraturan baru dan <em>m</em><em>erchandise official </em>hanya diproduksi di Korea Selatan. Namun, kenaikan tarif bea masuk tidak mengurangi minat penggemar <em>Korean POP (Carat) </em>dalam membeli <em>merchandise</em>. Mereka lebih memilih membeli <em>merchandise</em> melalui <em>e-commerce</em> atau melalui jasa titip untuk menghindari pajak.</strong></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Diana Frederica, Immanuela Alexandra Johanna Rachel Pongoh, Deni Iskandar https://owner.polgan.ac.id/index.php/owner/article/view/1348 Adopsi E-commerce pada UMKM selama Masa Krisis: dengan Peran Mediator Kapabilitas Dinamis 2022-12-08T23:33:03+07:00 Rossalina Christanti rchristanti@staff.ukdw.ac.id Juan Chandra Jatiputra juan.chandra15@gmail.com <p>This study aims to investigate the effect of e-commerce adoption on cultural SMEs’ performance during the pandemic. While the e-commerce market is now highly developed in Indonesia, most global companies are focusing on bigger markets like Indonesia so every business in Indonesia is adapting their own business model to survive. Considering that this pandemic does not look at layers of society, the demand for agility to adapt does not only 'apply' to large-scale businesses but all sectors, including the SMEs. As the pandemic hits all types of organizations, this study also believes that SMEs’ dynamic capabilities would moderate the effect of e-commerce adoption on cultural SMEs’ performance. Furthermore, this study aims to examine the moderating effect of dynamic capabilities among cultural SMEs as an important dimension of business ability to deal with rapid environmental changes in the midst of a crisis. Quantitative data analysis was used to investigate research data. Questionnaires were distributed to 120 SMEs owners in the areas of Temanggung, Magelang, Yogyakarta and Solo in the cultural field. SPSS was used to analyze the relationship between variables. Result shows that the e-commerce adoption effect on business operations proved to affect cultural SMEs’ financial performance significantly. But, the influence of e-commerce adoption on marketing is not proven to significantly affect the financial performance of cultural SMEs. Meanwhile, dynamic capabilities construct was also proved to strengthen the effect of e-commerce adoption on business operations on cultural SMEs’ financial performance.</p> 2023-01-17T00:00:00+07:00 Copyright (c) 2022 Rossalina Christanti, Juan Chandra Jatiputra https://owner.polgan.ac.id/index.php/owner/article/view/1445 Pengaruh Collateral Assets, Kebijakan Hutang, dan Investment Opportunity Terhadap Kebijakan Dividen 2023-01-14T13:02:43+07:00 Angga Firmansyah Putra ringgaftra@gmail.com <p><em>The purpose of study is to examine the effect of collateral assets, debt policy, and investment opportunity on dividend policy. The type of research is quantitative approach. The research population food and beverage companies listed on the Indonesia Stock Exchange in 2019-2021. The sample of research by using purposive sampling of the research sample selection of 11 food and beverage companies. The data analysis technique used classical assumption test, descriptive analysis, multiple linear regression, hypothesis testing and determination test. The results show that collateral assets, debt policy, and investment opportunity have no effect on dividend policy. Recommendations for further research are to expand the object and period of the research year so that the research results are more accurate and can be used as a general reference.</em></p> 2023-01-18T00:00:00+07:00 Copyright (c) 2023 Angga Firmansyah Putra https://owner.polgan.ac.id/index.php/owner/article/view/1364 FAKTOR PENENTU TERBENTUKNYA BUDAYA KERJA INOVATIF (STUDI PADA POLITEKNIK HARAPAN BERSAMA) 2022-12-14T19:23:33+07:00 Erni Unggul Sedya Utami eunggulsu@gmail.com Bahri Kamal bahrikamal17@gmail.com <p><em>Educational institutions are institutions that provide services to consumers in the form of services, the results of which are not visible, such as manufacturing companies that can produce products that are visible when delivered to the public. Educational institutions in order to keep abreast of changing times, educational institutions are required to innovate.</em> <em>This research was conducted at the Polytechnic Harapan Bersama with a total of 225 respondents. Statistical analysis test performed with the PLS test with a SmartPLS 3.0. The existence of leadership transformation influences innovative work culture successfully mediated in part by work autonomy because without going through work autonomy there. Without going through work autonomy, there is leadership transformation that influences existing innovative culture, astests. Supportive management failed to become a mediating variable because supportive management has no effect on innovative work culture as evidenced by the statistical tests conducted</em></p> 2023-01-17T00:00:00+07:00 Copyright (c) 2023 Erni Unggul Sedya Utami, Bahri Kamal