Pub Date : 2022-12-25DOI: 10.21532/apfjournal.v7i2.254
P. Kennedy
This study aims want to see the results of the examination of the Supreme Audit Agency (BPK) in its reporting to the House of Representatives of the Republic of Indonesia (DPR-RI) concerning the study of State Finance to fulfill the task of inspection of Accountability for Implementation of the Budget (APBN) for the Fiscal Year 2020 related explicitly with the COVID-19 Handling and National Economic Recovery Program (PC-PEN), in connection with the Internal Control System (SPI) and Compliance with Legislation. The research method in this study is to use qualitative methods through the literature or secondary data. The process of collecting data in this research is by using the form of documentation and literature study, namely by collecting and studying data, especially those taken from the results of the BPK examination. Although the BPK’s examination results gave an “Unqualified Opinion” (WTP), BPK still saw that it did not fully achieve the effectiveness, transparency, accountability, and compliance of State Finance management and responsibilities in the PC-PEN Program in the COVID-19 pandemic emergency conditions.
{"title":"Accountability for the Implementation of State Finances (APBN) for the Covid-19 Pandemic Program and National Economic Recovery (PC-PEN) in the Fiscal Year 2020","authors":"P. Kennedy","doi":"10.21532/apfjournal.v7i2.254","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i2.254","url":null,"abstract":"This study aims want to see the results of the examination of the Supreme Audit Agency (BPK) in its reporting to the House of Representatives of the Republic of Indonesia (DPR-RI) concerning the study of State Finance to fulfill the task of inspection of Accountability for Implementation of the Budget (APBN) for the Fiscal Year 2020 related explicitly with the COVID-19 Handling and National Economic Recovery Program (PC-PEN), in connection with the Internal Control System (SPI) and Compliance with Legislation. The research method in this study is to use qualitative methods through the literature or secondary data. The process of collecting data in this research is by using the form of documentation and literature study, namely by collecting and studying data, especially those taken from the results of the BPK examination. Although the BPK’s examination results gave an “Unqualified Opinion” (WTP), BPK still saw that it did not fully achieve the effectiveness, transparency, accountability, and compliance of State Finance management and responsibilities in the PC-PEN Program in the COVID-19 pandemic emergency conditions.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128031029","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to find out the effect of using big data analytics on the detection of academic fraud so that it can provide improvements and create significant changes, especially in reducing the level of academic fraud among students. The variables used in this research are big data analytics as the independent variable and academic fraud as the dependent variable. This study uses primary data obtained from ques-tionnaires distributed to Trilogy University students. The sample is 258 students from all study programs at Trilogy University class 2017 - 2020. The data processing and analysis method uses Partial Least Square (PLS). The results of this study indicate that the use of big data analytics has a positive and significant effect on the detection of academic fraud. This shows that universities that use big data analytics are able to detect academic fraud committed by students.
{"title":"The Use of Big Data Analytics in Detecting Academic Fraud","authors":"Firdatul Jannah, Anara Indrany Nanda Ayu Anissa, Wanda Maulida, Novita Novita","doi":"10.21532/apfjournal.v7i2.261","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i2.261","url":null,"abstract":"This study aims to find out the effect of using big data analytics on the detection of academic fraud so that it can provide improvements and create significant changes, especially in reducing the level of academic fraud among students. The variables used in this research are big data analytics as the independent variable and academic fraud as the dependent variable. This study uses primary data obtained from ques-tionnaires distributed to Trilogy University students. The sample is 258 students from all study programs at Trilogy University class 2017 - 2020. The data processing and analysis method uses Partial Least Square (PLS). The results of this study indicate that the use of big data analytics has a positive and significant effect on the detection of academic fraud. This shows that universities that use big data analytics are able to detect academic fraud committed by students.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124934385","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-25DOI: 10.21532/apfjournal.v7i2.269
Eko Gumaya Sari
This study aims to detect the risk of fraud in the financial statements and ongoing fraud prevention measures if there are irregularities in the financial statements. The issue of earnings management in the financial statements of PT Garuda Indonesia (Persero) Tbk by significantly increasing profits has raised a lot of suspicion and greatly harmed many parties, especially investors who invested in this company. The analysis was carried out using the fraud triangle variable and by asking for opinions from experts in their respective fields or professions related to fraud, such as auditors, accounting staff and employees who assist in the presentation of financial statements. The sample included 30 respondents. The calculation of financial ratios was done by calculating the ratio of liquidity, profitability, and solvency to detect fraud risk. The results of the analysis of fraud detection during the 2017-2019 period showed that there was an indication of markups on the company’s capital and profits in 2019. During those three years there was a decline in the company’s performance including its effectiveness in paying its short-term debt. This is in line with the opinion of auditors and users of financial statements who have predicted fraud and profit markups in the financial statements.
本研究旨在发现财务报表中的舞弊风险，并在财务报表中存在违规行为时采取持续的舞弊预防措施。PT Garuda Indonesia (Persero) Tbk财务报表中盈利大幅增加的盈余管理问题引起了很多质疑，极大地伤害了多方，特别是投资该公司的投资者。该分析使用欺诈三角变量，并通过询问与欺诈相关的各自领域或专业的专家的意见，例如审计师、会计人员和协助提交财务报表的员工，来进行。样本包括30名受访者。财务比率的计算是通过计算流动性、盈利能力和偿付能力的比率来检测欺诈风险。2017-2019年欺诈检测分析结果显示，2019年公司的资本和利润有加价的迹象。在这三年中，该公司的业绩有所下降，包括其支付短期债务的有效性。这与审计人员和财务报表使用者的意见一致，他们预测财务报表中存在欺诈和利润加价。
{"title":"Fraud Risk Analysis Fraud Prevention Detection with Fraud Triangle and Financial Ratios at PT. Garuda Indonesia (Persero) Tbk.","authors":"Eko Gumaya Sari","doi":"10.21532/apfjournal.v7i2.269","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i2.269","url":null,"abstract":"This study aims to detect the risk of fraud in the financial statements and ongoing fraud prevention measures if there are irregularities in the financial statements. The issue of earnings management in the financial statements of PT Garuda Indonesia (Persero) Tbk by significantly increasing profits has raised a lot of suspicion and greatly harmed many parties, especially investors who invested in this company. The analysis was carried out using the fraud triangle variable and by asking for opinions from experts in their respective fields or professions related to fraud, such as auditors, accounting staff and employees who assist in the presentation of financial statements. The sample included 30 respondents. The calculation of financial ratios was done by calculating the ratio of liquidity, profitability, and solvency to detect fraud risk. The results of the analysis of fraud detection during the 2017-2019 period showed that there was an indication of markups on the company’s capital and profits in 2019. During those three years there was a decline in the company’s performance including its effectiveness in paying its short-term debt. This is in line with the opinion of auditors and users of financial statements who have predicted fraud and profit markups in the financial statements.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127930538","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-25DOI: 10.21532/apfjournal.v7i2.265
Natasia Alinsari, Adrian Izaak Rompis, A. Hapsari
This research aims to describe the implementation of the principle of transparency in the financial income management activities of GBI Bethel Area Salatiga. This research is a type of qualitative descriptive research by measuring the principle of transparency with several indicators, specifically: availability and accessibility of documents, clarity and completeness of information, process openness, and a regulatory framework that ensures transparency. Data obtained by interview, documentation in the form of financial statements, and direct observation in the process of financial management. The results show that the principle of transparency has been implemented in the process of managing financial receipts. However, there are still some risks and weak implementation of internal control which indicate that the implementation of the principle of transparency is still not optimal.
{"title":"Implementing Transparency in Cash Receipts: A Non-Profit Organization Perspective","authors":"Natasia Alinsari, Adrian Izaak Rompis, A. Hapsari","doi":"10.21532/apfjournal.v7i2.265","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i2.265","url":null,"abstract":"This research aims to describe the implementation of the principle of transparency in the financial income management activities of GBI Bethel Area Salatiga. This research is a type of qualitative descriptive research by measuring the principle of transparency with several indicators, specifically: availability and accessibility of documents, clarity and completeness of information, process openness, and a regulatory framework that ensures transparency. Data obtained by interview, documentation in the form of financial statements, and direct observation in the process of financial management. The results show that the principle of transparency has been implemented in the process of managing financial receipts. However, there are still some risks and weak implementation of internal control which indicate that the implementation of the principle of transparency is still not optimal.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"174 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114257919","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-11DOI: 10.21532/apfjournal.v7i1.262
Zakiatul Annisaa, Suci Nurlaeli
This study aims to find outwhetherthe independent variablesconsisting of relativism ethical orientation, moral intensity, organizational commitment, professional identity, anticipatory socialization, and locus of controlhavean effecton employee’s whistleblowing intention. In this research, integrity is peroxided on anticipatory socialization. The data used in this study was obtained from questionnaires distributed to 204 respondents of which 31% of them pursued higher education at the same institution. This research used quantitative methods with data quality tests and classical assumption tests. Theresults show that relativism ethics orientation, professional identity, and anticipatory socialization have a positive effect on whistleblowing intentions. Meanwhile, moral intensity and organizational commitment have no effect on whistleblowing intentions. Locus of Control has a negative effect on whistleblowing intentions. The results of this study are expected to contribute to providing a perspective on the importance of internalizing integrity in education and providing input to government agencies in supporting the enforcement of whistleblowing policies and disclosure of fraud effectively by understanding the factors that contribute positively to employee intentions to whistleblowing.
{"title":"Determinants of Whistleblowing Intentions: The Role of Education in Building Personal Integrity","authors":"Zakiatul Annisaa, Suci Nurlaeli","doi":"10.21532/apfjournal.v7i1.262","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i1.262","url":null,"abstract":"This study aims to find outwhetherthe independent variablesconsisting of relativism ethical orientation, moral intensity, organizational commitment, professional identity, anticipatory socialization, and locus of controlhavean effecton employee’s whistleblowing intention. In this research, integrity is peroxided on anticipatory socialization. The data used in this study was obtained from questionnaires distributed to 204 respondents of which 31% of them pursued higher education at the same institution. This research used quantitative methods with data quality tests and classical assumption tests. Theresults show that relativism ethics orientation, professional identity, and anticipatory socialization have a positive effect on whistleblowing intentions. Meanwhile, moral intensity and organizational commitment have no effect on whistleblowing intentions. Locus of Control has a negative effect on whistleblowing intentions. The results of this study are expected to contribute to providing a perspective on the importance of internalizing integrity in education and providing input to government agencies in supporting the enforcement of whistleblowing policies and disclosure of fraud effectively by understanding the factors that contribute positively to employee intentions to whistleblowing.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126270525","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-09DOI: 10.21532/apfjournal.v7i1.250
Suci Amelia Harlen, Anggi Aulina Harahap
Fraud is deviation by abusing work that results in losses for personal gain. The focus of this study is to analyze the relationship between social control and fraud prevention efforts at state audit institutions. The research method uses a literature study that is representative and relevant to the object of research. Auditors are vulnerable to fraudulent acts in their daily work, such as corruption, gratuities or regulatory authorities. The problem is how strong the auditor’s social control is in the form of internal and external self-defense so as not to fall into fraudulent actions. This study aims to expand the prevention of fraud on auditors with detention.
{"title":"Social Control as Fraud Prevention Effort in State Audit Institutions","authors":"Suci Amelia Harlen, Anggi Aulina Harahap","doi":"10.21532/apfjournal.v7i1.250","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i1.250","url":null,"abstract":"Fraud is deviation by abusing work that results in losses for personal gain. The focus of this study is to analyze the relationship between social control and fraud prevention efforts at state audit institutions. The research method uses a literature study that is representative and relevant to the object of research. Auditors are vulnerable to fraudulent acts in their daily work, such as corruption, gratuities or regulatory authorities. The problem is how strong the auditor’s social control is in the form of internal and external self-defense so as not to fall into fraudulent actions. This study aims to expand the prevention of fraud on auditors with detention.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"106 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133642929","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-09DOI: 10.21532/apfjournal.v7i1.249
Godlove Dismas Ngowella, Lamin Rene Loua, S. Suharnomo
Cyberloafing is a collection of work-related behaviours in which an employee engages in electronically-mediated activities, notably through the use of the internet, that are unrelated to their job duties. The development of communication technology has become a blessing in disguise for employees’ work performance, and over the years, organisations have tried to improve work-related activities that would have an impact on their employees’ work performance and also deal with how they cope with the usability of the internet. This paper aims to review and analyse cyberloafing with regards to the use of social platforms on work performance in previous studies conducted in Saudi Arabia. The findings demonstrate that increasing educational activities on an hourly basis has a favourable impact on work performance, whereas reducing time spent on social media networks increases time spent on work-related activities and hence increases work performance. Employers should create a balance between work and leisure time for their employees to ensure more productivity as technology makes people spend more time on their devices. Hence, work-leisure policies will be crucial in improving work performance and maintaining discipline during working hours.
{"title":"A Review on Cyberloafing: The Effects of Social Platforms on Work Performance","authors":"Godlove Dismas Ngowella, Lamin Rene Loua, S. Suharnomo","doi":"10.21532/apfjournal.v7i1.249","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i1.249","url":null,"abstract":"Cyberloafing is a collection of work-related behaviours in which an employee engages in electronically-mediated activities, notably through the use of the internet, that are unrelated to their job duties. The development of communication technology has become a blessing in disguise for employees’ work performance, and over the years, organisations have tried to improve work-related activities that would have an impact on their employees’ work performance and also deal with how they cope with the usability of the internet. This paper aims to review and analyse cyberloafing with regards to the use of social platforms on work performance in previous studies conducted in Saudi Arabia. The findings demonstrate that increasing educational activities on an hourly basis has a favourable impact on work performance, whereas reducing time spent on social media networks increases time spent on work-related activities and hence increases work performance. Employers should create a balance between work and leisure time for their employees to ensure more productivity as technology makes people spend more time on their devices. Hence, work-leisure policies will be crucial in improving work performance and maintaining discipline during working hours.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"82 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115380473","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-30DOI: 10.21532/apfjournal.v7i1.248
Yokhebed Widhianingtyas, Christian Alessandro Noreen, A. Hapsari
This research aims to describe the monitoring function of operational activity in the Assistant Lecturer Corps of the Faculty of Economic and Business (FEB), Satya Wacana Christian University (UKSW). The operational activity of the Assistant Lecturer Corps of the Faculty of Economic and Business is divided into two general activities: plotting activity and financial activity. This research uses interviews with Assistant Coordinator, ex Assistant Coordinator, student, and Deputy Dean as interviewees. Furthermore, this research uses Assistant Coordinator Report and Standard Operational Procedure (SOP) as literature review. The result of this paper shows that supervision has already done in plotting and financial activities. Nevertheless, the implementation of supervision as an internal control is not optimum due to the availability of harmful fraud risk. The Assistant Lecturer Corps’ SOP policy is irrelevant and not implemented properly. Furthermore, there is no integrated information system for monitoring the activity.
{"title":"The Role of Supervision: Is it Still Optimal in the Assistant Lecturer Corps?","authors":"Yokhebed Widhianingtyas, Christian Alessandro Noreen, A. Hapsari","doi":"10.21532/apfjournal.v7i1.248","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i1.248","url":null,"abstract":"This research aims to describe the monitoring function of operational activity in the Assistant Lecturer Corps of the Faculty of Economic and Business (FEB), Satya Wacana Christian University (UKSW). The operational activity of the Assistant Lecturer Corps of the Faculty of Economic and Business is divided into two general activities: plotting activity and financial activity. This research uses interviews with Assistant Coordinator, ex Assistant Coordinator, student, and Deputy Dean as interviewees. Furthermore, this research uses Assistant Coordinator Report and Standard Operational Procedure (SOP) as literature review. The result of this paper shows that supervision has already done in plotting and financial activities. Nevertheless, the implementation of supervision as an internal control is not optimum due to the availability of harmful fraud risk. The Assistant Lecturer Corps’ SOP policy is irrelevant and not implemented properly. Furthermore, there is no integrated information system for monitoring the activity.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"84 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121169703","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-30DOI: 10.21532/apfjournal.v7i1.255
Nurlita Novianti, Yuki Firmanto
The research investigates the impact of fraud in Indonesian public sector by using information technology phenomenon. The study investigates the impact of information technology on the tendency of fraud through mediation to construct an opportunity. Based on the logical thinking of information technology provides capabilities for companies that could potentially open up an opportunity for fraud perpetrators to commit fraud. Therefore, the first test of the research examines the effect of information technology to construct an opportunity. The second test, the research explores the information technology that influence the tendency of fraud without mediation to construct an opportunity. The research uses a group of 58 person who experienced in finance and procurement departments using the judgment sampling method. Partial Least Squares was used to analyze the data. The findings indicate that the existence of information technology within an agency to provide the benefits of information technology capability that was conceived as a media and, therefore, information technology capability will also be able to provide a loophole for fraud perpetrators to do fraud.
{"title":"Implementation of Information Technology, Opportunity, and Tendency of Fraud","authors":"Nurlita Novianti, Yuki Firmanto","doi":"10.21532/apfjournal.v7i1.255","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i1.255","url":null,"abstract":"The research investigates the impact of fraud in Indonesian public sector by using information technology phenomenon. The study investigates the impact of information technology on the tendency of fraud through mediation to construct an opportunity. Based on the logical thinking of information technology provides capabilities for companies that could potentially open up an opportunity for fraud perpetrators to commit fraud. Therefore, the first test of the research examines the effect of information technology to construct an opportunity. The second test, the research explores the information technology that influence the tendency of fraud without mediation to construct an opportunity. The research uses a group of 58 person who experienced in finance and procurement departments using the judgment sampling method. Partial Least Squares was used to analyze the data. The findings indicate that the existence of information technology within an agency to provide the benefits of information technology capability that was conceived as a media and, therefore, information technology capability will also be able to provide a loophole for fraud perpetrators to do fraud.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133809766","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-30DOI: 10.21532/apfjournal.v7i1.210
Greska Redielano Ramadan, M. N. Alim, Prasetyono Prasetyono, N. Sayidah
This research examined the consequences of real earnings management. We analyzed real earnings management’s effects on two aspects of investment: capital market and earnings informativeness. We rely on the efficient market hypothesis theorized by Fama (1969)to predict the market and accounting consequences caused by real earnings management. Our population and samples are a non-financial company listed on the Indonesian Stock Exchange during 2013-2017. We conducted event studies that examine cumulative abnormal return and earnings response coefficient two days before and after the financial statement was published. The model results showed that real earnings management has a negative impact on both stock return and the informativeness of earnings. We also found empirical evidence that the capital market could reach an indication of earnings manipulations through real earnings management. Those results give us the insight that the Indonesian capital market level of efficiencies classified into semi-strong form.
{"title":"Market Consequences and Real Earnings Management: Empirical Study in Indonesia","authors":"Greska Redielano Ramadan, M. N. Alim, Prasetyono Prasetyono, N. Sayidah","doi":"10.21532/apfjournal.v7i1.210","DOIUrl":"https://doi.org/10.21532/apfjournal.v7i1.210","url":null,"abstract":"This research examined the consequences of real earnings management. We analyzed real earnings management’s effects on two aspects of investment: capital market and earnings informativeness. We rely on the efficient market hypothesis theorized by Fama (1969)to predict the market and accounting consequences caused by real earnings management. Our population and samples are a non-financial company listed on the Indonesian Stock Exchange during 2013-2017. We conducted event studies that examine cumulative abnormal return and earnings response coefficient two days before and after the financial statement was published. The model results showed that real earnings management has a negative impact on both stock return and the informativeness of earnings. We also found empirical evidence that the capital market could reach an indication of earnings manipulations through real earnings management. Those results give us the insight that the Indonesian capital market level of efficiencies classified into semi-strong form.","PeriodicalId":251943,"journal":{"name":"Asia Pacific Fraud Journal","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130784720","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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