International Journal of Management Research and Economics

Business Ethics Violations in Accounting Practices: a Case Study of Financial Statement Manipulation at PT Garuda Indonesia

Adinda Priski Dhea Asiyanti, Sri Trisnaningsih — Fri, 11 Oct 2024 00:00:00 +0800

This study examines the breach of business ethics in accounting practices in the case of PT Garuda Indonesia, where the company manipulated its financial statements for the 2018 fiscal year. The manipulation involved recognizing unrealized revenue, which contravened generally accepted accounting principles and financial reporting standards applied by the Financial Accounting Standards (SAK) in Indonesia. This research explores the impact of these manipulative actions on the company’s integrity, stakeholder trust, and market reputation. Additionally, the study discusses the business ethics principles violated in this case, such as integrity, transparency, and professional responsibility, while proposing recommendations to improve accounting practices and ethical oversight in corporate financial reporting. The findings of this research are expected to provide insights for other companies in implementing high ethical standards and preventing similar violations in the future.

Correlation Between Time Management, Compensation, and Performance: A Case Study of Nania Health Center

Felix Chandra, Nurul Maghfirah — Mon, 14 Oct 2024 00:00:00 +0800

This study aims to examine the impact of time management and compensation on employee performance at Nania Health Center. An explanatory approach with quantitative design is used to identify and explain the causal relationship between the variables studied. The research sample consisted of the entire employee population of 39 people, selected through saturated sampling techniques. Data were collected using a questionnaire and analyzed through validity tests, reliability tests, and classical assumption tests, with the influence of variables tested using multiple regression. The results of the analysis indicate that time management has a positive and significant effect on employee performance, as well as that compensation is proven to have a significant positive effect on performance.

Implementation of Good Corporate Governance on Indonesia's State-Owned Enterprises

Fitri Nur Rilah, Sri Trisnaningsih — Mon, 14 Oct 2024 00:00:00 +0800

The study aims to understand the implementation of Corporate Governance (CG) in one of the State-Owned Enterprises (SOEs) listed on the IDX named WIKA. In 2023, it was reported that there was financial statement manipulation, raising public doubts about the poor CG implementation in the SOE. This study used the Publish or Perish application to select and summarize the literature. The literature reviewed includes annual reports posted on IDX, scientific articles, and relevant books. The result of this study is that WIKA has implemented Good Corporate Governance (GCG) with the TARIF principles and regulations under the legal framework in Indonesia. The principle of transparency is applied with the openness of annual report information at IDX by Financial Services Authority regulations (POJK). Accountability, containing clarity of the functions of business entity organs, refers to the law of limited liability companies (LLCs). Responsibility is applied through mapping implementation approaches and issues considered by various stakeholders. Independence focuses on the core value of AKHLAK for BUMN HR and the use of independent auditors to conduct financial statement audits. Still, from 2020 to 2023, WIKA consecutively used the same public accountant's services. Fairness, prioritizing human rights equality for every worker, shareholder, and stakeholder.

Violation of Accountant Professional Ethics in the Case of PT. Indofarma Tbk

Devi Savira S, Sri Trisnaningsih — Mon, 14 Oct 2024 00:00:00 +0800

The code of professional ethics is an important rule for a profession that aims to improve quality and maintain the dignity of the profession. Where an accountant must uphold ethical principles so as to build trust for users of accounting services. The many business competitions that occur today, give rise to violations of professional ethics. This violation is a very serious problem for the ethical standards of the accounting profession, one of which was found in violations at PT Indofarma Tbk which engineered its financial statements. By creating receivables, payables, and down payments for the purchase of fictitious medical devices, so that it seemed as if the company's target had been achieved. This case study review will later end with recommendations that are in line with the company's expectation.

Analysis of the Application of Business Ethics Theory in the Case of Bribery Acceptance By the Audit Board of Indonesia (BPK RI) in 2023

Wahyuni Susilowati, Sri Trisnaningsih — Mon, 14 Oct 2024 00:00:00 +0800

This case research aims to explore the theory of business ethics and analyze its implementation by examining a case of business ethics violations involving the Supreme Audit Agency (BPK RI), which accepted bribes during audit activities at the Public Works and Spatial Planning Service (PUTR) in South Sulawesi. Based on the case analysis, it was found that three auditors committed violations, including manipulating the budget items under review, inflating the budget (markups), discrepancies between the work outcomes and the contracts, and accepting bribes totaling IDR 2.8 billion. The actions of the auditors align with egoism theory, but they also violate several business ethics theories, including utilitarianism, Kantian ethics and deontological ethics, and virtue ethics. As a consequence of these actions, the BPK auditors faced sanctions, including imprisonment and fines.

Violation of the Code of Ethics of the Accountant Profession at PT Tiga Pilar of Prosperity Food Tbk

Kirani Salsabila, Sri Trisnaningsih — Tue, 15 Oct 2024 00:00:00 +0800

This study aims to study the accounting profession and its role and analyze the code of ethics of public accountants by taking one of the cases of violation of the code of ethics of public accountants who conducted an audit at PT Tiga Pilar Sejahtera Food Tbk. Based on the results of the analysis of the case, KAP Ernt and Young found that there was an overstatement of receivables and income and the flow of funds was not disclosed to affiliated parties. As a result of this violation, the two former directors, Joko Mogoginto and Budhi Istanto, who were suspected of being involved in this case, were sentenced to 4 years in prison and each fined Rp 2 billion. This ethical violation has serious negative consequences for the integrity of financial statements and public trust.

MSMEs Performance Besed on Knowledge and Business Capabilities

Tini Kartini, Endang Silaningsih, Dony Ferry Anggoro, Sudarijati Sudarijati — Fri, 25 Oct 2024 00:00:00 +0800

This research aims to find out how knowledge and business abilities influence the performance of shoe micro, small and medium enterprises (MSMEs) in Kebon Kembang Market, Bogor City. All shoe MSME players in the market are the objects of research. In this study, the population was 48 business people. The sampling was 48 business people where the sample was determined through census or saturated sampling. This research uses quantitative methods. Data analysis uses various statistical tests, including validity, reliability tests, multiple linear regression tests, multiple correlation analysis, and coefficient of determination (R2). The results of the research show that knowledge and business abilities have quite a big influence on the performance of shoe MSMEs in the Kebon Kembang Market. Around 63.1% of MSME performance can be explained by knowledge and business ability factors. Knowledge and business abilities have a positive and significant effect on the performance of MSMEs, both simultaneously and partially.

Factors Influencing the Large of Income and Remittance of Karangasem Migrant Workers in Denpasar City

Putri Gayatri Wijayanti, Ida Bagus Putu Purbadharmaja — Fri, 25 Oct 2024 00:00:00 +0800

Denpasar City is one of the main destinations for migrants in Bali Province. This is because the development carried out tends to be centered in Denpasar City, which is reflected in the concentration of various activities that act as the center of government, economy, trade, education activities, health services, and tourism activities. The objectives of this study are to: 1) Analyze the influence of education level, number of family dependents in the area of origin, allocation of working hours, on the amount of income of Karangasem migrant workers in Denpasar City. 2) Analyze the influence of education level, number of family dependents in the area of origin, allocation of working hours, on the amount of remittances of Karangasem migrant workers in Denpasar City. 3) Analyze the indirect influence of education level, number of family dependents in the area of origin, allocation of working hours on remittances through the income of Karangasem migrant workers in Denpasar City. The determination of the sample in this study used the Accidental Sampling technique. The type of data used is quantitative data with primary data sources. Data collection was carried out using observation methods, structured interviews and in-depth interviews. The data used were then analyzed using path analysis techniques. The results of the study found that 1) education level, number of family dependents, and allocation of working hours have a positive and significant effect on the income of Karangasem migrant workers in Denpasar City. 2) education level has a positive and insignificant effect on remittances of Karangasem migrant workers in Denpasar City, the number of family dependents in the area of origin has a positive and significant effect on remittances of Karangasem migrant workers in Denpasar City, and allocation of working hours has a negative and significant effect on remittances of Karangasem migrant workers in Denpasar City. 3) Education level, number of family dependents in the area of origin, allocation of working hours have an indirect and significant effect on remittances through the income of Karangasem migrant workers in Denpasar City.

The Effect of Information Technology Use, Organizational Citizenship Behavior, and Task Complexity on Performanceemployees

Ni Putu Cahyani Wipagandhi, Ni Luh Sari Widhiyani — Mon, 04 Nov 2024 00:00:00 +0800

Employee performance is the achievement or target of a person that is carried out to realize the vision, mission, and goals in a company. The importance of collaboration between employee performance and the use of information technology to achieve the targets and goals of the company. This study was conducted to obtain empirical evidence regarding the effect of the use of information technology, organizational citizenship behavior, and task complexity on employee performance. The population in this study were employees of the accounting department at a 4-star hotel in Badung Regency. The sample in this study was taken using a purposive sampling technique to obtain 50 respondents. The data analysis technique used descriptive statistical analysis, classical assumption tests (normality test, multicollinearity test, heteroscedasticity test), and multiple linear regression analysis. The results of the analysis provide evidence that the use of information technology and organizational citizenship behavior have a positive effect on employee performance, while task complexity has a negative effect on employee performance. This study supports the theories used previously, namely Attribution Theory and Technology Acceptance Model (TAM).

The Effect of Beta, Price to Book Value, Company Size, Profitability and Investment on Stock Returns

Agustina Marsella Klau Seran, Dewa Gede Wirama — Thu, 07 Nov 2024 00:00:00 +0800

This study aims to obtain empirical evidence regarding the influence of 5 factors in the Fama-French 5 Factor Model, namely beta, price to book value , company size, profitability and investment on stock returns. This study analyzed 270 samples of companies listed on the Indonesia Stock Exchange for the 2022 period. The samples were selected using the probability sampling method and analyzed using multiple linear regression analysis techniques. The results of the study indicate that beta and investment have a positive effect on stock returns, company size has a negative effect on stock returns, but price to book value and profitability have no effect on stock returns. The results of this study are not fully able to confirm the accuracy of the Fama-French 5 Factor Model.

The Role of Brand Awareness in Mediating Social Media Marketing on Purchase Intention of Converse Shoes

I Gede Yuda Hariyawan, Ni Wayan Ekawati, Ni Made Rastini, I Gede Riana — Fri, 08 Nov 2024 00:00:00 +0800

Converse is a canvas shoe that is very popular nowadays and is always a trend among young people. This study aims to measure the effectiveness of social media marketing variables on purchase intention by using brand awareness variables as a mediator, so this study uses consumer behavior theory. This study uses a sample of 100 respondents taken using the non-probability sampling method with purposive sampling technique. The data in this study were collected using a questionnaire method that was distributed offline to respondents. The data that has been collected is then analyzed by the classical assumption test, path analysis test, and testing the role of mediating variables using the Sobel test. The results of this study indicate that social media marketing has a positive and significant effect on purchase intention, social media marketing has a positive and significant effect on brand awareness, brand awareness has a positive and significant effect on purchase intention, and brand awareness is able to partially mediate the influence of social media marketing on purchase intention. Converse shoe management is expected to continue to provide complete information about Converse products through social media and maintain brand awareness of Converse shoes to increase purchase intention.

The Effect of Profitability, Leverage, and Company Size on Tax Avoidance

I Gede Ari Wiguna Prastya, Ni Ketut Lely Aryani Merkusiwati — Tue, 12 Nov 2024 00:00:00 +0800

Tax avoidanceis an effort made to reduce the amount of tax paid by exploiting the weaknesses of tax regulations. The purpose of this study is to obtain empirical evidence regarding the influence of profitability, leverage, and company size on tax avoidance. The sampling method used is nonprobability sampling with purposive sampling technique. The number of samples obtained is 88 observation data. The data analysis technique used is multiple linear regression analysis. Based on the results of the study, it shows that the profitability variable has a negative effect on tax avoidance, while leverage and company size do not affect tax avoidance.

The Effect of Substitute Good Price on the Volume of Indonesian Refined Palm Oil (RPO) Exports to Pakistan 2014-2021

Rachel Nadine Saragih, Ni Ketut Budiningsih, Anak Agung Bagus Putu Widanta — Tue, 12 Nov 2024 00:00:00 +0800

The aim of this research is to estimate the effect of the international price of soybean oil, as a substitute good for palm oil, including Refined Palm Oil (RPO) on the volume of the Indonesian RPO exports to Pakistan. Using monthly data from 2014 to 2021, the variables were analyzed with multiple linear regression and the Error Correction Model (ECM). The finding reveals that the international price of soybean oil has a positive and significant effect on the volume of Indonesian RPO exports only in the long run. The research also estimates the effect of the export price of RPO, the exchange rate (Rupiah to US dollar), and Pakistan inflation on the volume of Indonesian RPO exports to Pakistan. The result shows that the export price of RPO has a negative and significant effect on the volume of RPO exports in the long run and in the short run, the exchange rate and Pakistan inflation are statistically insignificant to affect the volume of Indonesian RPO exports. In conclusion, it is suggested that monitoring on the behavior of international prices of soybean oil, as a substitute good for palm oil, should be done on a regular basis; all palm oil stakeholders should collaborate effectively to ensure that the export price of Indonesian RPO remains competitive. The Government of Indonesia should consider to continue negotiating with the Government of Pakistan on the possibility of reducing palm oil import tariffs more than previously agreed in the scheme of the Indonesia-Pakistan Preferential Trade Agreement (IP-PTA) of 2012.

The Influence of Laboratory Analyst Performance, Examination Equipment and Work Environment on Patient Satisfaction in Hospital X Through Waiting Time Efficiency Laboratory Examination Results

Kamelia Ghalib, Rudianto Rudianto, Jones Zenas Rante, Ratnawati Prayogi — Wed, 20 Nov 2024 00:00:00 +0800

This study examines the influence of laboratory analyst performance, examination equipment, and work environment on patient satisfaction at Hospital X through the efficiency of laboratory test result waiting times. This research employs a quantitative method. The sample consists of the entire population, using a saturated sampling/census technique, which includes 15 laboratory staff and 15 patients who visited the laboratory at Hospital X, selected through a non-probability sampling technique. Data collection was conducted using a questionnaire, and data analysis was carried out using the Smart PLS 4 method. The results are as follows: 1) Laboratory analyst performance, examination equipment, and work environment do not influence the efficiency of laboratory test result waiting times. 2) Laboratory analyst performance, examination equipment, and work environment do not influence patient satisfaction at Hospital X. 3) The efficiency of laboratory test result waiting times influences patient satisfaction at Hospital X. This study demonstrates that patient satisfaction at Hospital X is affected by the efficiency of laboratory test result waiting times.

The Influence of Career Development on Organizational Citizenship Behavior with Employee Engagement as a Mediating Variable

Anak Agung Kompyang Bagus Januartha, Wayan Gede Supartha — Fri, 22 Nov 2024 00:00:00 +0800

The organization will be successful if employees do not only do their main tasks but are also willing to do extra tasks, such as working together, helping each other, giving advice, participating actively, providing extra services to service users, and using their working time effectively. The purpose of this study is to explain the influence of career development on organizational citizenship behavior; the influence of career development on employee engagement; the influence of employee engagement on organizational citizenship behavior; and the role of employee engagement in mediating the influence of career development on organizational citizenship behavior of Hotel Vila Lumbung employees. The sampling method in this study was saturated sampling. The sample involved in the study was 58 people. The analysis techniques used were path analysis, Sobel test and VAF test. The results of the study showed that career development had a positive and significant effect on organizational citizenship behavior; career development had a positive and significant effect on employee engagement; employee engagement had a positive and significant effect on organizational citizenship behavior; employee engagement was able to fully mediate the influence of career development on organizational citizenship behavior. The practical implications of this study are able to provide practical contributions as considerations for Hotel Vila Lumbung management in improving career development and employee engagement so as to improve the organizational citizenship behavior of Hotel Vila Lumbung employees.

Determinants of Purchasing Decisions at Warung Baleganjur: Moderated by Celebrity Endorsement

Komang Bagus Trivikrama Kumara; Gede Suparna — Sat, 23 Nov 2024 00:00:00 +0800

Purchasing decisions are one of the actions based on several alternative choices to make a purchase of a product based on awareness of needs and desires. Analysis of purchasing decisions is very important because there is a phenomenon of consumer visits to Warung Baleganjur remaining busy but there is a decrease in sales. This study aims to test the role of brand image in mediating the influence of social media marketing on purchasing decisions moderated by celebrity endorsements. The population in this study were buyers at Warung Baleganjur in Denpasar City. The sample used in this study was 108 respondents. The sampling method used in this study was the non-probability method with the purposive sampling technique. Data collection was carried out by distributing questionnaires online via Google Forms. The collected data were analyzed using classical assumption test, path analysis technique, Sobel test and VAF test and Moderated Regression Analysis (MRA) with the help of SPSS 25 application. The results of this study indicate that social media marketing has a positive and significant effect on purchasing decisions, social media marketing has a positive and significant effect on brand image, brand image has a positive and significant effect on purchasing decisions, brand image is able to partially mediate the effect of social media marketing on purchasing decisions, and celebrity endorsement is unable to moderate the effect of social media marketing on purchasing decisions at Warung Baleganjur. The implications of this study can be used as consideration and input for Warung Baleganjur in improving consumer purchasing decisions by considering the variables of social media marketing, brand image, and celebrity endorsement.

The Effect Of Debt Default, Audit Tenure and Liquidity On Going Concern Audit Opinion Acceptance

Novia Dian Anggraini, Netty Herawaty, Rico Wijaya — Tue, 26 Nov 2024 00:00:00 +0800

This study aims to find out how Debt Default, Audit Tenure and Liquidity can affect the acceptance of the Going Concern Audit Opinion (Empirical Study on Manufacturing Companies in Various Industrial Sectors listed on the IDX for the 2019-2022 period). The sample in this study is Manufacturing Companies in the Various Industrial Sectors using the Purposive Sampling technique so that 26 companies with 4 years of observation (104 observation data) were obtained that met the criteria. The data used is in the form of secondary data obtained from the company's annual report through the Indonesia Stock Exchange (IDX) website and the official website of the related company. Researchers use a quantitative approach to describe research problems through trend descriptions or being able to explain the relationship between variables. The analysis technique used in this study is data analysis using descriptive statistical analysis and logistic regression analysis with the help of SPSS 30 software. The method of data collection is by means of documentation and literature study. The results of the study concluded that Debt Default significantly affected the acceptance of going concern audit opinions, while Tenure and Liquidity Audit did not significantly affect the acceptance of going concern audit opinions.

Analysis Of Factors Influencing The Volume Of Cocoa Bean Exports In Indonesia

Bq. Nining Riskya Ramdhani, Ni Putu Martini Dewi — Tue, 26 Nov 2024 00:00:00 +0800

Cocoa is one of the plantation commodities that plays an important role in economic activities in Indonesia. Cocoa commodities have export market opportunities, so they can increase foreign exchange. This study aims to analyze the amount of production, international prices and land area that affect the volume of cocoa bean exports in Indonesia. The data used in this study are time series data from 1990 to 2022. The data analysis techniques used in the study are multiple linear regression analysis, classical assumption test, F test and T test. The results of the study found that simultaneously the variables of production, international prices, and land area have a significant effect on the volume of cocoa bean exports in Indonesia. Partially, the variables of production and international prices have a positive and significant effect on the volume of cocoa bean exports in Indonesia, while the partial variable of land area has a negative effect on the volume of cocoa bean exports in Indonesia. The results of this study can provide a basis for designing policies and strategies that support increasing the volume of cocoa exports in Indonesia for stakeholders, including the government, farmers, and exporters. The government needs to formulate policies that support increasing the area of land and productivity of cocoa.

The Role of Brand Image in Mediating the Influence of E-Wom and Product Quality on Repurchase Intention

Prema Atma Jaya, I Putu Gde Sukaatmadja — Tue, 26 Nov 2024 00:00:00 +0800

This study aims to test and explain the role of brand image in mediating the influence of electronic word of mouth and product quality on repurchase intention of Kedai Kopi Kenangan in Denpasar City. The population used includes the people of Denpasar City who have purchased Kedai Kopi Kenangan products and the number of samples is 120 respondents using purposive sampling techniques distributed using questionnaires and analyzed using the SPSS application tool version 26.0. The results of this study indicate that electronic word of mouth has a significant positive effect on repurchase intention. Product quality has a significant positive effect on repurchase intention. Electronic word of mouth has a significant positive effect on brand image. Product quality has a significant positive effect on brand image. Brand image has a significant positive effect on repurchase intention. Electronic word of mouth has a significant positive effect on repurchase intention with brand image mediation. Product quality has a significant positive effect on repurchase intention with brand image mediation. The theoretical implications of this study provide evidence for the development of consumer behavior science and marketing management science. The practical implications of this study can be used as consideration and input for marketers at Kedai Kopi Kenangan in Denpasar City in increasing repurchase intention.

The Influence of Work-Life Balance on Job Satisfaction Through the Mediation of Employee Work Stress at CV Satya Dharma Transport

Luh Danisha Aulia, Made Surya Putra — Sat, 14 Dec 2024 00:00:00 +0800

Job satisfaction is a critical element for the sustainability of a company. The relationship between personal and professional life balance, commonly referred to as work-life balance, and job satisfaction has garnered significant attention because work-life balance can influence employees' satisfaction levels with their jobs. On the other hand, work stress often hinders the achievement of optimal job satisfaction. This study aims to analyze the effect of work-life balance on job satisfaction with work stress as a mediating variable. The research employs a quantitative approach conducted on the employees of CV Satya Dharma Transport, located at Jl. Bumbak Dauh No. 84, Umalas, Bali, with a total sample of 32 employees obtained through a saturated sampling method. Data collection was carried out through interviews and questionnaires. The analytical technique used is Structural Equation Modeling (SEM) with a Partial Least Squares (PLS) approach. The results of the study indicate that work-life balance has a positive and significant effect on job satisfaction, work-life balance has a negative and significant effect on work stress, work stress has a negative and significant effect on job satisfaction, and work stress significantly mediates the effect of work-life balance on job satisfaction.