Muh. Arief Effendi

Bio: Muh. Arief Effendi is an academic researcher. The author has an hindex of 1, co-authored 1 publications receiving 5 citations.

Opportunistic Behavior, External Monitoring Mechanisms, Corporate Governance, and Earnings Management

Abstract: Objective - The purpose of this research is to analyze the effect of motivational bonus, leverage, firm size, corporate governance (audit committee's size, the proportion of independent commissioners, institutional ownership, managerial ownership) and free cash flow on earnings management. Methodology/Techniques - Earnings management is analyzed in this research using the modified Jones model. The population for the research consists of manufacturing companies listed on the Indonesian Stock Exchange (IDX) between 2013-2015. The final sample includes 60 manufacturing companies. Findings - The result of this study indicate that motivational bonus, leverage, firm size and free cash flow have an influence on earnings management practices. Motivational bonuses and free cash flow as opportunistic behavior also influence earnings management. In addition, leverage and firm size as external monitoring mechanism influence earnings management practices while audit committee size, the proportion of independent commissioners, institutional ownership and managerial ownership as corporate governance practices in companies has no significant effect on earnings management practices. Hence, it is concluded that corporate governance has no effect on earnings management practices in Indonesia.

Pengaruh komponen rgec pada perubahan harga saham perusahaan perbankan di bursa efek indonesia

Abstract: Tingkat kesehatan bank merupakan aspek penting yang harus diketahui oleh bank dan para stakeholder. Selain memaksimalkan fungsi bank sebagai lembaga intermediasi, adanya penilaian kesehatan bank juga mampu memberikan sinyal atau kemudahan dalam pengambilan keputusan investasi. Pada tahun 2011, tingkat kesehatan bank dinilai menggunakan RGEC. Penelitian mengenai penilaian kesehatan bank dengan menggunaka indikator RGEC belum banyak dilakukan sehingga menarik untuk diteliti. Sampel yang telah dipilih nantinya akan dianalisis menggunakan regresi liniar berganda. Tahun penelitian berada pada rentang 2011-2012 dengan alasan awal dari penerapan peraturan RGEC. Hasil penelitian menunjukkan bahwa terdapat hubungan positif dan signifikan GCG dan ROA pada perubahan harga saham sedangkan terdapat hubungan negatif dan signifikan profil risiko dan CAR pada perubahan harga saham. Berdasarkan hasil penelitian faktor-faktor RGEC sebagai indikator penilaian kesehatan bank mampu memberikan dampak pada perubahan harga saham perusahan perbankan yang go public. Hasil studi ini diharapkan mampu memberikan informasi kepada pihak internal bank agar selalu menjaga kesehatan banknya dan pengguna laporan eksternal dapat memperhatikan indikator RGEC dalam pengambilan keputusan investasi.

The Effect of Corporate Governance on Financial Performance in Non-Financial LQ-45 Firms Listed on the Indonesian Stock Exchange from 2012 to 2017

Abstract: Objective – This research is conducted in order to determine what factors in corporate governance affect the financial performance of a firm. Methodology/Technique – Financial performance, as the dependent variable, is measured by Return on Asset (ROA), while the independent variables (corporate governance) are measured using Board Independence, Board Size, Dividend, Firm Size, and Financial Leverage. The sampling method used in this research is purposive sampling. The requirements for the sample of this research are the non – financial firms included in LQ-45 from 2012 to 2017 that publish annual reports that are available to the public. The research method used in this paper is a quantitative method. Panel data analysis technique and E-views tools were also used. Findings – The results indicate that firm size and percentage of board independence has no effect on financial performance, while board size, dividends, and financial leverage all effect financial performance. Novelty – The study adds to the literature of corporate government and firm performance in emerging countries. Type of Paper: Empirical.

Peningkatan kualitas layanan mahasiswa berdasarkan prinsip good university governance pada fakultas ekonomi dan bisnis, universitas muhammadiyah prof. dr. hamka

Abstract: The purpose of this study is to know the quality of service is currently runningproperly or not and to know whether Good University Governance can have an important role in the quality of the service itself. The sample of this research is FEB UHAMKA student amounted to 200 people. Data were analyzed using Partial Least Square (PLS) method and using SmartPLS tools. The result of research stated that GUG principle has significant effect to service quality. This indicates that the better or higher the application of GUG will further improve the quality of services provided to the students. The result of the research also shows that the value of ¬Rsquare for latent variable of service quality got value equal to 0,682009, it shows that latent variable of GUG principle influenced 68,20% to service quality. While the rest is explained by other variables not included in this.

Pengaruh good corporate governance (gcg) terhadap kinerja keuangan (studi pada perbankan yang terdaftar di bei tahun 2015-2017)

Abstract: Penelitian ini dilatar belakangi oleh masalah manipulasi laporan keuangan dan korupsi yang dilakukan oleh oknum perusahaan itu sendiri. Penerapan corporate governance yang dipercaya dapat mencegah praktik manipulasi dan korupsi pada perusahaan. Tujuan dari penelitian ini adalah untuk menguji pengaruh corporate governance (komisaris independen, komite audit, kepemilikan institusional, dan kepemilikan manajerial) terhadap kinerja keuangan. Penelitian ini menggunakan pendekatan kuantitatif dan penentuan sampel menggunakan metode purposive sampling dan didapatkan sampel sebanyak 22 sampel dari 44 perusahaan go public pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia tahun 2014- 2017. Model analisis yang digunakan adalah regresi linier berganda dan menggunakan software pengolah data statistik SPSS Ver. 24. Hasil penelitian menunjukkan bahwa, (1) komisaris independen tidak berpengaruh signifikan terhadap kinerja keuangan (ROA), (2) komite audit tidak berpengaruh signifikan terhadap kinerja keuangan (ROA), (3) kepemilikan manajerial berpengaruh signifikan terhadap kinerja keuangan (ROA), (4) kepemilikan institusional berpengaruh signifikan terhadap kinerja keuangan (ROA), (5) komisaris independen, komite audit, kepemilikan manajerial, dan kepemilikan institusional berpengaruh signifikan terhadap kinerja keuangan (ROA).