Abstract Book PDF

Book of Abstracts
2nd International Conference on Accounting, Business &

Economics
Global Collaboration to Enhance Competitiveness:

Opportunities and Challenges
Grand Mercure
Yogyakarta, 26-27 October 2017
Co Host Partners
Platinum:
Nanjing Xiaozhuang University
Universiti Kebangsaan Malaysia
Gold:
Universitas Merdeka Malang
Silver:
Universitas Pancasila
Universiti Putra Malaysia
2nd International Conference on Accounting, Business & Economics
Message from the Dean
Universitas Islam Indonesia (UII) is a pioneer of higher education in Indonesia, founded one
month before the Independence Day in 1945. UII now has grown into one of the leading private
universities in Indonesia with national dan international reputations. In 2013, UII achieved an ‘A’
grade for its institutional accreditation by the National Accreditation Board. In 2015, UII was
ranked as the top ten of the best universities in Indonesia for the management and organizational
quality by the Government of Indonesia. In addition, in 2016, UII was selected as the best private
university in Indonesia for the research performance by the Ministry of Research, Technology,
and Higher Education (Kemristekdikti). We also received an honor as a three star institution
based on the assessment in the QS University Rating by Quacquarelli Symonds in 2016.
With 4 doctoral, 11 master, 4 professional, 24 undergraduate and 4 vocational programs, UII is

committed to be a great place for learning for its students. Faculty of Economics (FE), as one of
the Faculties at UII, has 3 study programs, and all of the study programs have been accredited by
the National Accreditation Board with ‘A’ grades. FE UII has been actively supporting the
university to become the world class university by initiating international partnerships with
several universities in overseas. The international mobilities that have been implementing are
such as credit transfer program (SolBridge International School of Business - South Korea and
UniversitiSains Islam Malaysia - Malaysia), joint degree program (Saxion University of Applied
Sciences - The Netherlands, Nanjing Xiozhuang University - China, University of Queensland –
Australia and University of Gloucestershire, the UK), academic exchange, and joint
conference/seminar. This 2nd UII International Conference on Accounting, Business and
Economics (ICABE) conference is one of our efforts to be active not only in national level but
also in international level, as an event to meet with partner universities as well as to see new
collaborative opportunities among participants of the conference.
Located in the city of education and in the heart of Javanese culture – Yogyakarta, FE UII is the
perfect place to study. Yogyakarta is well-known as the most livable city in Indonesia where
students can easily find facilities for their study and daily life. Wherever you come from, you will
find and feel Yogyakarta as your second home.
Welcome to UII ICABE 2017 and enjoy your time in Yogyakarta!
Dean of Faculty of Economics,
Dr. D. AgusHarjito, M.Si
v
Acknowledgement
Assalamu’alaikumWr. Wb.
Thank to God the Almighty, the 2nd UII International Conference on Accounting, Business and
Economics (ICABE) conference can be conducted. This conference is a regular program of
Faculty of Economics, Islamic University of Indonesia as our commitment to continuous
knowledge sharing and dissemination. This year the theme of the conference is Global
Collaboration to Enhance Competitiveness: Opportunities and Challenges.
This book contains abstracts of papers that have passed the selection to be presented in the 2nd
UII International Conference on Accounting, Business and Economics (ICABE) conference held
on 26-27 October 2017. This event is supported by co-host institutions from Indonesia and
overseas namely: Nanjing Xiaozhuang University, China, Universiti Kebangsaan Malaysia
(UKM), Universiti Putra Malaysia (UPM), University of Merdeka Malang and Pancasila
University, while the overall conference participants come from Indonesia and foreign countries
such as China, Malaysia, Singapore, Vietnam, India, and South Korea.
The 2nd UII International Conference on Accounting, Business and Economics (ICABE)
conference presented two keynote speakers namely Dr. Halim Alamsyah - currently the Chief of
the Board of Commissioners of Indonesia Deposit Insurance Corporation (IDIC) and Prof. Dr.
Bany Ariffin Amin Noordin - Deputy Dean at Faculty of Economics and Management Universiti
Putra Malaysia (UPM).
Finally, we would like to extend our gratitude to all parties organizing this event from the
preparation, execution and post event and we apologize if there is any inconvenience. Hopefully
this book of abstract can be useful for knowledge development in Accounting, Business and
Economics.
Wassalamu’alaikum, Wr, Wb.
Chair of the Conference,
Ayu Chairina Laksmi, SE, MAppCom, MRes, PhD, Ak, CA
vi
Committee
Conference Chair:
Ayu Chairina Laksmi., S.E., M.App.Com.,M.Res., Ph.D., Ak., CA
Committees:
D. Agus Harjito, Dr., M.Si., CFP®

Suharto, S.E., M.Si.
Sutrisno, Dr. Drs., M.M.
Siti Nur Syamsiah, Dra., M.M.
Dekar Urumsah, S.Si., M.Com., Ph.D.
Reni Yendrawati, Dra.,M.Si.
Akhsyim Afandi, Drs., M.A., Ph.D.
Heri Sudarsono, S.E., M.Ec.
Maisya Farhati, S.E., M.Sc.
Hendy Mustiko Aji, S.E., M.Sc.
Aditya Pandu Wicaksono, S.E., Ak.,M.Ak.
Andika Ridha Ayu P., S.E., M.Sc.
Abdur Rafik, S.E., M.Sc.
Nihlah Ilhami, S.Pd.
Sigit Pamungkas, S.E., M.Com.
Lusi Itsna Rahmawati, S.IP.
Rena Fitria, S.E.
Anisa Nurhidayati, S.Pd.
Dwi Novita Rachmani, S.E.
viii
Reviewers
Accounting
Hadri Kusuma, Prof., Dr., MBA

Dekar Urumsah, S.Si., M.Com., Ph.D.
Johan Arifin, ,S.E.,M.Si., Ph.D.
Yuni Nustini Dra., MAFIS, Ph.D., Ak.
Ataina Hudayati, Dra.,M.Si., Ph.D., Ak.
Arief Rahman, S.E., M.Com., Ph.D.
Hendi Yogi Prabowo ,SE., M.For.Accy., Ph.D.
Ayu Chairina Laksmi., S.E., M.App.Com., M.Res., Ph.D., Ak., CA
Fitra Roman Cahaya, S.E., M.Com., Ph.D.
Rifqi Muhammad, S.E., M.Sc.
Mahmudi, S.E., M.Si.
Business and Management
Zaenal Arifin, Dr., M.Si.

RR Ratna Roostika, S.E., MAC., Ph.D.
Dessy Isfianadewi, Dr., M.M.
Trias Setiawati, Dra. M.Si., Ph.D.
Budi Astuti, Dra.,M.Si.
Majang Palupi, BBA, MBA
Arif Hartono, S.E., M.Ec
Handrio Adi, S.E., M.Sc.
Reza Widhar Pahlevi ,S.E., M.M.
Economics
Akhsyim Afandi, Drs., M.A., Ph.D.

Abdul Hakim, S.E., M.Ec., PhD.
Eko Atmadji, Dr.,S.E., M.Ec.
Agus Widarjono, Drs.,M.A., Ph.D.
Sahabudin Sidiq, S.E., M.A.
Rokhedi Priyo Santoso, S.E., MIDEc.
x
Keynote Speakers
Dr. Halim Alamsyah, S.E., S.H., M.A.
Chairman
Board of Commisioner, Indonesia Deposit Insurance Corporation
Dr. Halim Alamsyah is currently the Chief of Board of Commissioner of Indonesia Deposit
Insurance Corporation (IDIC). IDIC is an independent institution that functions to insure
depositor’s funds and actively participates in maintaining stability in the banking system in
accordance with its authorized mandate.
Born in Bangka, Indonesia, in 1957, Dr. Alamsyah graduated Bachelor degree in Economics at
Universitas Islam Indonesia and Bachelor in Law at UniversitasGadjahMada, both in Yogyakarta,
Indonesia. He pursued Master of Arts in Development Economics field from Boston University
and PhD in Economics from Universitas Indonesia, Jakarta, Indonesia.
Dr. Alamsyah began his career at Bank Indonesia in 1982 as credit analyst and continued
working for the institution in various departments. Throughout his service at Bank Indonesia, he
has been appointed for a number of important and strategic positions such as Head of Bureau of
Bank Indonesia Governor (2000), Director of Education Center and Central Banking Study
(2002), Director of Directorate of Economic Research and Monetary Policy (2003) and Director
of Directorate of Strategic Planning and Public Relations (2005). In 2010, before he served for
IDIC, he was appointed as Deputy Governor of Bank Indonesia.
Prof. Madya Dr. BanyAriffin Amin Noordin
Deputy Dean, Faculty Economics and Management

Universiti Putra Malaysia
DrBanyAriffin Amin Noordin is an Associate Professor and Deputy Dean at Faculty of

Economics and Management Universiti Putra Malaysia (UPM). He graduated his Bachelor and
Master’s degree from University Of Oklahoma, USA. In 2006, he earned his Doctoral degree
from National University of Malaysia.
DrNoordin has been focusing his study and research in Finance field. His works include academic
papers, books and a number of research projects funded by various institutions. One of his recent
paper is titled Unobservable Effects and Firm’s Capital Structure Determinants (2013). He
received several awards such as Best Paper Award in Conference-World Business Institute
(2012).
xii
Table of Contents
Message from the Dean......................................................................................................................v

Acknowledgement.............................................................................................................................vi
Table of Contents ............................................................................................................................xiii
Aspiring Professional Accountants to Compete In the ASEAN Economics Community (AEC)
Era ......................................................................................................................................... 1
Analysis of Internal and External Factors in Application of Village Law (Study On Eight
Villages in Bantul Regency).................................................................................................. 1
The Role of Entrepreneurship Education on Entrepreneurial Intentions: A Perspective on
Theory of Planned Behavior ................................................................................................. 2
The Influence of Job Satisfaction and Work Motivation on Performance with Organizational
Commitment as Variable Mediation .................................................................................... 2
Co-Creation Value Model Based on Co-Synergy Value................................................................... 3
Determinants Of Implementation Of Performance-Based Budgeting In The Provincial
Government Of West Nusa Tenggara .................................................................................. 3
Does Book-Tax Income Discrepancy Indicate Tax Avoidance? The Case Of Malaysian
Public-Listed Firms................................................................................................................ 4
Determinants Of Banking Efficiency In Asean 5 Countries To Face ASEAN Banking
Integration Framework ......................................................................................................... 4
The Meaning of Credit Disbursement by Savings and Loan Cooperative (Koperasi Simpan
Pinjam) in Jepara: Phenomenology’s Study......................................................................... 5
Analysis Of Ratio Profitability, Leverage, Dividend Policy, and Earnings Management On
Stock Return.......................................................................................................................... 5
Perspective of Islamic Work Ethic in Supporting Employees Performance of Islamic College ..... 6
The Moderating Effects of Workplace Spirituality on the Relationship between
Organizational Cynicism and Job Performance ................................................................... 6
Determinants Transparency And Accountability Financial Management of Village....................... 7
Dividend Policy And Impact Of Firm’s Life Cycle: Evidence From Indonesia’s Non-
Financial Firms ...................................................................................................................... 7
Effect of Implemantation, Effectivity and Ability of Accounting Information Sytem on
Individual Performance......................................................................................................... 8
The Effect of Brand Image and Quality of Services toward Customer Satisfaction in BRI
Bank Branch Cik Di Tiro in Yogyakarta............................................................................... 8
The Impact of Remittances on Investment in Developing Countries: The Case of 5 South
East Asian Countries............................................................................................................. 9
The Effects of Physical Environment and Food and Beverage Quality on Perceived Quality of
Service and Behavioral Intentions in Coffee Shops............................................................. 9
Time-varying Continuous and Jump Betas : Implications for Portfolio Diversification
(Evidence from Indonesia Stock Market)........................................................................... 10
xiii
Upgrading Vietnam’s Apparel Industry - Case Study Methodology.............................................. 10

Corporate Governance, Accounting Information Quality and Cost of Equity Capital - An
Indonesia’ Evidence ............................................................................................................ 11
Analysis of Flypaper Effect on the District and Municipality Government Expenditures in
North Sumatra Province...................................................................................................... 11
Drivers Of Going Concern Audit Opinions: An Empirical Evidence From Indonesia................... 12
Determinants Of Accounting Frauds (Perceptions Of Indonesian Civil Servants) ....................... 12
Portfolio Performance Analysis With Sharpe, Jensen and Treynor Method (LQ 45 Shares In
Indonesia Stock Exchange Period August 2012-August 2016)......................................... 13
Study Supporting Factors of ABM in Maintaining Customer Loyalty of The Hotel ..................... 13
The Analysis of Factors Affecting the Use of e-Filing for Individual Taxpayers .......................... 14
The Effect of Safety Leadership On Safety Behavior ..................................................................... 14
Financial Governance Agency Of General Services University To Make Financial
Accountability (Case Study At Mataram University)......................................................... 15
Effect of Simda, Organizational Culture on Performance with Motivation as Intervening .......... 15
The Effect of Ethical Content in Accounting Education on Perception Student Ethics ............... 16
Impact of Business Environment Change on Entrepreneurial Behavior and Business Process
Reengineering (BPR)........................................................................................................... 16
The Impact of The Implementation of Governmental Accounting Standards and The
Completion of Audit Findings on Good Governance (Study on The Inspectorate
Office of West Nusa Tenggara).......................................................................................... 17
Islamic Social Report, Good Corporate Governance, Financial Performance And Company
Value ................................................................................................................................... 17
The Implementation of Financial Statement Transparency and Accountability in Wonocolo
Village Based on Law No. 06 Year 2014 ........................................................................... 18
Determinant Analysis of the Implementation of Accrual Accounting Standard In the
Government of Papua......................................................................................................... 18
Family Echelons and Firm Performance.......................................................................................... 19
Volatility Return and Volume: Information from Stock Trading in Emerging and Developed
Markets and Small – Big Capital Stock.............................................................................. 19
The Influence of Financial Performance and Firm Size on Bond Rating: Evidence from
Indonesia ............................................................................................................................. 20
Analyzing the Process of Absorptive Capacity in Small and Medium-Sized Enterprises.............. 20
Capital Structure Influence on Financial Performance: Analysis of Hang Seng Index-
Commerce and Industry of Sub-Index of Hong Kong Stock Exchange From 2011-
2015 .................................................................................................................................... 21
Contributing factors to successful implementation of an information management system at
local government: the case of East Lombok district.......................................................... 21
Quo Vadis Fintech in Indonesia: Opportunities and Challanges.................................................... 22
xiv
The Behavior of Credit Market: Analysis on Price, Efficiency, Size and Ownership Structure
of Conventional Banking in Indonesia............................................................................... 22
Accountability of Financial Village Management .......................................................................... 23
The Role of Entrepreneurial Leadership and Motivation Toward the Creativity in Creating
Employees’ Innovation ....................................................................................................... 23
Analysis of Financial Performance, Firm Characteristics, and Ownership Structure on
Earnings Management ........................................................................................................ 24
The Influence of Corporate Social Responsibility on Stock Performance: Using The Global
Reporting Initiative G4 Indicator for CSR Disclosure........................................................ 24
Modeling Foreign Exchange Reserve.............................................................................................. 25
The Effect of Strategic Alliance on Business Values and Business Performance.......................... 25
(A Study at Dry Tobacco Industry in West Nusa Tenggara) .......................................................... 25
The Follow Up of Auditing Results, Opinion of Accountability, And Mediating Effect of
Financial Loss Rate: An Empirical Study on Local Governments in Indonesia ................ 26
Forecasting of Demand for Long-Term Care Based on Multistate Piecewise Constant
Markov Process................................................................................................................... 26
Factors Affecting The Audit Quality in The Inspectorate Offices In 3 Districts in Lombok ......... 27
The Relationship Between Land Finance, Urban-Rural Income Gap and Housing Price:
Evidence From China.......................................................................................................... 27
“Are India’s recent fund inflows structural in nature? Common patterns with USA: Learning
for South & South-East Asian developing nations”........................................................... 28
Intellectual Capital and Corporate Governance As a Determinant of Corporate Values with
Financial Performance as an Intervening Variable............................................................. 28
The Influence of Accountability and Transparency of Village Fund Allocation Management
(Studies In Maguwoharjo Village, Depok, Sleman, DIY) .................................................. 29
Environmental Scanning among Hotel Organizations in an Emerging Market: A Case in
Malaysia .............................................................................................................................. 29
The Role of Human Capital on Regional Economic Development in Indonesia ........................... 30
Sense df Belonging (Toward) Fixed Asset...................................................................................... 30
Financial Planning Framework: A Perspective of Wealth Accumulation and Retirement
Planning............................................................................................................................... 31
Parental Goals and Perspectives on Childhood Education Among Orang Asli Community of
Kampung Kachau Luar, Semenyih..................................................................................... 31
Social and Economic Transformation of Poso Community: A Reflection of A Decade After
Conflict................................................................................................................................ 32
Building Organizational Citizenship Behavior Through The Role of Religiosity And Quality
of Work Life........................................................................................................................ 32
The Relative Efficiency and Performance Analysis of Islamic Banking Based On DEA and
camels.................................................................................................................................. 33
xv
Liberalism Analysis of Jakarta Sharia Stock Index in Comparison With Other International
Sharia Leading Stock Indices.............................................................................................. 33
Linking Innovation Barriers to Indonesian Manufacturing Firms’ Openness Are they
connected? .......................................................................................................................... 34
The Impact of World Oil Shock on Calorie Demand of Staple Foods: Lesson From
Indonesia ............................................................................................................................. 34
Comparing The Return on Mudharabah Deposit and The Return on Equity: Assessing The
Fairness in Indonesian Islamic Banking Industry ............................................................... 35
Determinants Analysis of Going-Concern Audit Opinion: Empirical Study in Indonesia............. 35
Analysis of Factors Affecting Bid-Ask Spread Before and After Stock Split in Indonesia
Stock Exchange................................................................................................................... 36
Risk Management and Performance Empirical Study of Islamic Rural Banking in Indonesia ...... 36
The Influence of Quality Work Life and Job Satisfaction Toward Organizational
Commitment Through Employee Engagement ................................................................. 37
The Influence of Internal Control Systems, Government Accounting Standards, The Role of
The Internal Auditors and The Completion of Audit Findings to Good Government
Governance (Empirical Study on The Inspectorate Office And BPK in West Nusa
Tenggara) ............................................................................................................................ 37
Effects of Independence, Competence, And Motivation on Audit Quality with Audit Ethics
as The Moderating Variable ............................................................................................... 38
The Effect of Green Brand on Green Purchase Intention of Tupperware Products in
Yogyakarta .......................................................................................................................... 38
Factors Influencing Taxpayers’ Obedience with Taxpayers’ Awareness as the Mediating
Variable ............................................................................................................................... 39
Internal and External Factors Influencing The Compliance of Vehicle Tax Payers with Tax
Official Service as The Moderation Variable ..................................................................... 39
The Impact of Transactional Leadership and Organizational Commitment on Employee
Performance (A Case Study of Employees In Regional Public Hospital Dr. Rehatta
Jepara) ................................................................................................................................. 40
The Role of Job Satisfaction in Moderating The Impact of Role Stressor on Organizational
Commitment ....................................................................................................................... 40
Effect of CSR Disclosure and Company Characteristics on The Reputation of Banking
Companies Registered in IDX in the Period of 2013-2015 (Case Study of University
of Mataram) ........................................................................................................................ 41
Analysis of Trust Factor in Product Recommendation in Online Shopping toward Purchasing
Intention .............................................................................................................................. 41
Herding on Shariah Stocks on the Indonesian Stock Exchange..................................................... 42
Study on The Intention of Customers for Switching Brands.......................................................... 42
Comparison Analysis of Imported Coffee of Malaysia From Indonesia and Vietnam, 2000-
2014 .................................................................................................................................... 43
Effective Retirement Planning: Exploring Financial Planning Behavior in Malaysia .................... 43
xvi
Switching Behavior on the Use of Technology In Transportation Industry: Comparison

Between Telephone Call And Application Supported Booking........................................ 44
Effectiveness Financial Planning: A Study of Comprehensive Retirement Planning for
Financial Independence ...................................................................................................... 44
The Effect of Budget Participation on Managerial Performance at Hotel Industry in
Yogyakarta .......................................................................................................................... 45
The Impact of Financial Literacy to the Retirement Planning on Malaysian Household .............. 45
The Analysis of Potential Creative Industry For People With Disabilities In D.I. Yogyakarta ..... 46
The Influence of Customer Attitude, Brand Familiarity, Brand Awareness, and Brand
Extension Towars Brand Image (Study Case Using Pepsodent In Yogyakarta) .............. 46
Capacity Building Entrepreneurial Development and Change Through Sustainable Business
Strategy .............................................................................................................................. 47
xvii
Abstracts
Aspiring Professional Accountants to Compete In the ASEAN

Economics Community (AEC) Era
Rustiana
Universitas Atma Jaya Yogyakarta
E-mail: rustiana@staff.uajy.ac.id or yohana.rustiana@yahoo.com
Abstract
The aim of this paper is to report empirical data about the effect of competence on the level of
readiness of aspiring professional accountants to compete in the AEC era. The competencies
involve five dimensions namely ethical competence; knowledge competence; capability
competence; relationship competence; and analytical competence. The respondents of this study
are 194 accounting students as the proxy of aspiring professional accountant. The hypothesis
was tested by linear regression analysis. The study found that there was influence from
dimensions of capability competence (p-value = 0,078) and analytical competence (p-value =
0,041) on the level of personal readiness of aspiring professional accountants; however, three
other dimensions of competencies such as ethical, knowledge and relational did not affect on the
level of personal readiness aspiring professional accountant. The implication of the study for the
individual professional accountant candidates is to understand the importance of competence
and the readiness to compete in the AEC era.
Keywords: aspiring professional accountant, competencies, readiness
Analysis of Internal and External Factors in Application of Village Law

(Study On Eight Villages in Bantul Regency)
Dwi Sudaryati
Sucahyo Heriningsih
Rusherlistyani
UPN “Veteran” Yogyakarta
Corresponding author e-mail: sudaryati_dwi@yahoo.com
Abstract
This study aims to identify the Village's readiness to implement Law no. 6 of 2014 on Villages.
Purposive sampling is used as a method of the distribution of questionnaires in eight villages at
Banguntapan District, Bantul Regency. The eight villages sampled were the villages of Tamanan,
Banguntapan village, Wirokerto village, Baturetno village, Jagalan village, Singosaren village,
Jambidan village, and Ponoroto village. The data collection method is using questionnaires with
36 respondents, but three of them did not fill in the questionnaire completely. This research used
multiple linear regression as the analytical technique. The result of hypothesis testing shows that
organizational commitment, infrastructure, and organizational culture have an effect on the
implementation of village law, while human resource variable, information system and
motivation have no effect on the implementation of village law in eight villages in Banguntapan
sub-district of Bantul regency.
Keywords: village readiness, implementation of village law
1
The Role of Entrepreneurship Education on Entrepreneurial Intentions:

A Perspective on Theory of Planned Behavior
Kiky Srirejeki
Agus Faturohman
Saras Supeno
Universitas Jenderal Soedirman
Corresponding author e-mail: kikysrirejeki@gmail.com
Abstract
The curriculum of business school in Indonesia included entrepreneurship course as one of the
compulsory subject. While the number of entrepreneurship education is growing, its impact is
under-researched at least in Indonesia. This study therefore aims to contribute to the
understanding of the impact of entrepreneurship education on entrepreneurial intention. This
study uses quasi experimental design; comparing students on entrepreneurship class with a
comparison group of students who do not take entrepreneurship class. The theory of planned
behavior was utilized as the underlying theoretical model. The results attest to a significant
impact of entrepreneurship education on entrepreneurial intentions. Students participating in
entrepreneurship class show an increase in attitude, perceived behavioral control and subjective
norms which furthermore they have higher entrepreneurial intentions at the end of the class.
Keywords: entrepreneurship education, theory of planned behavior, entrepreneurial intention.
The Influence of Job Satisfaction and Work Motivation on Performance with

Organizational Commitment as Variable Mediation
Jamilatun Rosidah
Sebelas Maret University Surakarta
E-mail: jamilatunrso@gmail.com
Abstract
This study analyzed the influence of job satisfaction and work motivation on employees’
performance with organizational commitment mediation variable in teacher and employee in
SMP Batik. This study uses regression analysis according to Baron and Kenny (1986) as an
analytical tool. The results of the research show that job satisfaction, work motivation and
organizational commitment have a positive and significant effect on employees’ performance.
Job satisfaction and work motivation have positive and significant impact on organizational
commitment. Furthermore, proven organizational commitment mediate the influence of job
satisfaction on employees’ performance, as well as the influence of work motivation on
employee performance.
Keywords: work motivation, job satisfaction, employee performance, organizational commitment
2
Co-Creation Value Model Based on Co-Synergy Value
Marlien Nasehat
Alimuddin Rizal Riva’i
Euis Solehah
Universitas Stikubank
Corresponding author e-mail: marliennasehat@gmail.com
Abstract
The life insurance industry plays a role in mobilizing and increasing the accumulation of public
funds, through savings and investment funds. The basic concept in this research is the concept of
relationship marketing and services marketing. The concept of collaboration is an extension of
the above concept. This research aims to build co-creation value based on co-synergy with
antecedent variable of customer participation, customer perception value and relational
capability of insurance agent. Unit analysis of life insurance customer with 140 responden.
Technique sampling used is purposive sampling. The finding of this research is that customer
participation and customer perception value and relational capability of insurance agent have an
effect on co-synergy value. Co-synergy variables affect the value of co-creation.
Keywords: Customer participation, Corporate Values, Collaboration Values, Co-Creation,

Salesperson Capability
Determinants Of Implementation Of Performance-Based Budgeting In The Provincial

Government Of West Nusa Tenggara
Ikhsan Rosyidi
Endar Pituringsih
Muhamad Irwan
University of Mataram
Corresponding author e-mail: rosyidi.okay@gmail.com
Abstract
This study aims to examine and analyze the influence of leadership styles, organizational
commitment, quality of human resources, reward and punishment towards a performance-based
budget to the Provincial Government of West Nusa Tenggara. Tests were carried out on 15
SKPD in Government of West Nusa Tenggara province. This study used questionnaires with
respondents comprising of Head of Sub Division of Planning and Head of Sub Division of
Finance totaling 30 people. The results showed that the style of leadership, organizational
commitment, quality of human resources, reward and punishment influence the performance-
based budget to the Provincial Government of West Nusa Tenggara.
Keywords: leadership style, organizational commitment, quality of human resources, reward,

punishment, performance-based budgeting
3
Does Book-Tax Income Discrepancy Indicate Tax Avoidance? The Case Of Malaysian
Public-Listed Firms
Aslam Izah Selamat

Ng Yeu Siang
Faculty of Economics and Management, Universiti Putra Malaysia
Corresponding author email: aslamizah@upm.edu.my
Abstract
There have been mixed evidences on the association of book-tax income differences (BTDs) and
tax avoidance. This study explores the data of 100 Malaysian companies from year 2000 to 2015
to establish the relationship between financial fraud ratios that have been previously identified in
the literature. Using panel regression analysis, several ratios that are related to firms’ profitability,
liquidity, solvency, and structure, are tested against BTDs. The result indicates spurious
relationship of the financial fraud ratios. With that, this study confirms that BTD gap is not
necessarily due to tax avoidance, and may be largely attributed to dissimilarity in standard and
temporary difference. This result may also indicate the quality of reporting among Malaysian
public listed firms.
Keywords: tax planning, book-tax difference, Malaysia corporate taxation, reporting, tax
avoidance
Determinants Of Banking Efficiency In Asean 5 Countries

To Face ASEAN Banking Integration Framework
Emi Maimunah
Nurbetty Herlina Sitorus
Dian Fajarini
University of Lampung
Corresponding author e-mail: dianfajarini25@gmail.com
Absract
The aim of this research was to analyze the determinants of banking efficiency to face ASEAN
Banking Integration Framework (ABIF) by employing 15 banks in ASEAN 5 such as Singapore,
Malaysia, Thailand, Indonesia, Philippine for 2011-2015 period. The determinants of banking
efficiency such as CAR, BOPO/CIR, LDR, NPL, NIM employed as the independent variables and
the banking efficiency score from DEA as the dependent variable. The results from Ordinal Logit
Regression could be concluded that internal factor which affect and significant to banking
efficiency were BOPO/CIR and LDR. Based on analysis in this research, it could be concluded
that banking in ASEAN 5 is ready to face ABIF due to the strong capital and good management
of risk.
Keyword: ABIF; Banking Efficiency; Financial Ratios
4
The Meaning of Credit Disbursement by Savings and Loan Cooperative

(Koperasi Simpan Pinjam) in Jepara: Phenomenology’s Study
Subadriyah
Islamic University of Nahdlatul Ulama (UNISNU) Jepara
E-mail: subadriyah@unisnu.ac.id
Abstract
The aim of this research is to access the meaning of giving credit by savings and loan experiences for
the debitor, to asses whether crediting by savings and loan cooperative has been effective and on the
target, and to assess whether crediting has been used wisely by debitors and not for consumtive
purpose. This study uses the qualitative approach by phenomenology’s study. The subject of this study
is the debitor from savings and loan cooperative in Jepara. There are two places which become the
place of research, that are: savings and loan cooperative A and savings and loan cooperative B. The
subject is chosen purposively based on the total of loan credit that was collected. The informants are 19
people; 9 informants are from cooperative A and 10 informants are from cooperative B. The 9
informants consist of 3 people with credit above 100 millions, 3 people with credit above 20 millions,
and 3 people with credit under 20 millions. It shows that the cooperative A and B have not been
effective in running the process of giving credit, because : (1) Marketing still do a lot of dilution credit in
the sphere (not in the office); (2) There is no collateral on the credit; (3) Marketing do not do
observation to a customer or even to a members deeply, so the character sometimes unknown, which
causes a significant increase of bad credit; (4) The crediting is not only done by members, but also
customers who have savings in cooperative and even customers who do not have savings, so it is
possible to make deviation of the donation; and (5) The procedure of crediting such as filling the form is
not done correctly. Sometimes it is filled by the marketing himself and the customer only signs on it.
Keywords: Credit, Cooperative, Phenomenology’s Study
Analysis Of Ratio Profitability, Leverage, Dividend Policy,

and Earnings Management On Stock Return
Aulia Febrina Risia

Mataram University
E-mail: aulia.febrina88@gmail.com
Abstract
This study aims to analyze the influence of profitability ratio (ROE), leverage ratio (DER), dividend
policy (DPR), and earnings management (EM) to stock return. The object of this research is a
manufacturing company listed on the Indonesia Stock Exchange period of 2012-2015. The
determination of the sample in this study is using purposive sampling technique and the samples
are 38 companies. The type of data used is secondary data, and the method of analysis is using
multiple linear regression. The result of this research indicates that only ROE which have significant
effect to stock return, while DER, DPR, and EM have no significant effect to stock return. This
insignificant result indicates that DER, DPR, and EM cannot be used as a reference in determining
the investment strategy of investors in investing their shares in the capital market.
Keywords: Return on Equity (ROE), Debt to Equity Ratio (DER), Dividend Payout Ratio (DPR),
and Earnings Management (EM).
5
Perspective of Islamic Work Ethic in Supporting Employees

Performance of Islamic College
Muhammad Ridwan Basalamah

Sulton Solehuddin
University of Islam Malang
Email: ridwanbasalamah19@gmail.com
Abstract
Human is commanded to behave in accordance with the moral ethics, (guidance) contained in the
Qur'an. In the work place people must also consider the ethics according to Islamic Shari'a. This
study aims to provide empirical evidence about the perspective of Islamic work ethics in supporting
employee performance in Islamic Universities in Malang. The population in this research is
permanent employee at Islamic Universities in Malang, consisting of Unisma, UIN and UMM. The
analysis tool used in this research is SPSS 23.0. The results showed that Islamic work ethic
variables simultaneously have a positive and significant effect on employee performance.
Keywords : Islamic Work Ethic, Employess Performance, Islamic College
The Moderating Effects of Workplace Spirituality on the Relationship between

Organizational Cynicism and Job Performance
Risgiyanti
Muhammad Fithrayudi Triatmaja
Rini Hidayah
STIE Muhammadiyah Pekalongan
Corresponding author e-mail: risgiyanti@gmail.com
Abstract
Organizational cynicism is now an important topic in the academic and business community, but
the research relating to organizational cynicism is relatively neglected. Several studies that have
examined the impact of organizational cynicism on job performance still show different results.
This study examines the impact of organizational cynicism, especially organizational cynicism on
job performance by using variables of workplace spirituality as a moderating variable. The
research data were taken from supervisor and nurse from 7 private hospitals in Pekalongan. The
sample of this study were 176 respondents. The sampling technique was using convinience
sampling. This research used survey method with quantitative approach and using Partial Least
Square (PLS) analysis tool with the help of WarpPLS 3.0. The results showed that the cynicism of
the organization directly affected job performance. The results also showed that spirituality in the
workplace has a positive effect on job performance. Tests related to the effects of moderation
suggested that workplace spirituality moderates the relationship of organizational cynicism on
the job performance. This study opens new avenues for research on organizational cynicism and
carries implications for theory and practice.
Keywords: Organizational cynicism, job performance, workplace spirituality
6
Determinants Transparency And Accountability Financial Management of Village
Riadul Jannah
Lilik Handajani
M. Firmansyah
Corresponding author e-mail: ria.ummuafifah@gmail.com
Abstract
This study aims to examine and to obtain empirical evidence about the influence of partial
evidence of Human Resources, Information Technology Utilization and Public Participation on
Transparency & Accountability Financial Management of village in East Praya, Central Lombok
District. This research used explanatory type of research and the sampling method is purposive
sampling. The data analysis used SmartPLS 3.0. The results of this study indicated that Human
Resources, Information Technology Utilization and Public Participation have significant positive
effect on Transparency and Accountability Financial Management of village in East Praya
districts. This research is expected to contribute to the local government, the village government
and society that have an impact on improvements in the level of transparency and accountability
financial management of village as one of the efforts to improve the welfare of people in East
Praya districts.
Keywords: Human resources, Information technology, Public participation, financial

management of village
Dividend Policy And Impact Of Firm’s Life Cycle: Evidence

From Indonesia’s Non- Financial Firms
Yunike Berry
Universitas Islam “45”
Email: yunikeberry@gmail.com
Abstract
This research examines the relationship between dividend policies and value of the firm of
Indonesia’s non-financial companies as a whole, and then examines the relationship between
dividend policies and value of the firm of Indonesia’s non-financial firm after classifying the firm
using several proxies of life-cycle into the stages of mature and growth. This research used
purposive sampling method, and then it was analised by using panel data regresion test. The
results of this research shows that the relationship between dividend policies and non-financial
value of company in Indonesia was negative overall. There was no difference in the relationship
between dividend policies and value of company on the stages of mature and growth in
Indonesia too. Meanwhile, as the effect of crisis, it shows that negative relationship between
dividend policies and value of company turns into positive and less negative on critical periods.
Keywords: Dividend policy, firm’s value, firm’s growth rate, firm’s life cycle
7
Effect of Implemantation, Effectivity and Ability of

Accounting Information Sytem on Individual Performance
Nurlaili Fithriani
Thatok Asmony
M. Firmansyah
Mataram University
Corresponding author e-mail: nurlailifithriani@gmail.com
Abstract
This study is aimed to determine the effect of implemantation, effectivity, and ability of
accounting information systems on individual performance in Central Lombok Government. The
population in this study are employees of SKPD (Satuan Kerja Perangkat Daerah) in Central
Lombok on the accounting or financial governance. The sample used in this study are 64
employees who perform the accounting/financial administration function of header and
accounting staff/financial administrator in 32 out of 42 SKPD. The results of this study indicate
that implemantation and ability affect the individual performance, while the efectivity does not
have an effect on the individual performance.
Keywords: Accounting Information Sistem (AIS), Implemantation, Effectivity, Ability,

Individual Performance
The Effect of Brand Image and Quality of Services toward Customer

Satisfaction in BRI Bank Branch Cik Di Tiro in Yogyakarta
Anita Widyaningrum
Murwanto Sigit
Department of Management, Islamic University of Indonesia
Corresponding author e-mail: seagate1050@yahoo.com
Abstract
This study is aimed to identify and explain the significance of the relationship and the positive
impact of brand image and perception of service quality on customer satisfaction in the Branch
Office of BRI Cik Di Tiro in Yogyakarta. The population used in this study is everyone who use
all products of Bank BRI branch office Cik Di Tiro in Yogyakarta. The sample used in this study
are 96 respondents. Convenience sample or samples so-called accidental (accidental sampling) is
used in this research. Processing technique and data analysis used in this research is multiple
linear regression analysis. The data are processed by using program of SPSS 21.0. The results of
data analysis showed that there is positive and significant correlation between the variables of
brand image to customers satisfaction of Bank BRI branch office Cik Di Tiro. So is the
perception of service quality variables which showed a positive result on customer satisfaction of
Bank BRI branch office Cik Di Tiro.
Keywords : Brand Image, Perceived Quality, Customer Satisfaction, Services
8
The Impact of Remittances on Investment in Developing Countries:

The Case of 5 South East Asian Countries
Trinh Le Tan
Dao Thi Dai Thrang
Duy Tan University- Vietnam
Corresponding author e-mail: letandtu@gmail.com
Abstract
In recent years, remittances are seen as an important capital flow in order to promote growth and
economic development of Vietnam. With an average of $ 1 billion annual increase, it has
become one of the important sources of foreign currencies and has a huge influence on the
ability to mobilize capital of a country. Therefore, it is essential to conduct researches on the
impact of remittances on the investment activities. This paper studies these impacts in five
Southeast Asian nations (ASEAN), including Vietnam, Laos, Cambodia, the Philippines and
Indonesia. From the results of the research model, a number of policy recommendations will be
made to promote the positive impacts and minimize negative impacts of these capital flows on
the economy of developing countries.
Keywords: remittance, capital flow, Southeast Asian nations (ASEAN), developing countries
The Effects of Physical Environment and Food and Beverage Quality on Perceived
Quality of Service and Behavioral Intentions in Coffee Shops
Sanghyeop Lee
Department of Food Service Management, Youngsan University, Busan, South Korea
E-mail: a09x09a@hotmail.com or leesanghyeop1979@gmail.com
Abstract
Despite the importance of servicescape and food and beverage quality in coffee shops, little is
known about the effect of servicescape and food and beverage quality on perceived quality of
service, customer satisfaction, and customer loyalty. This study examined the relationships
among servicescape, food and beverage quality, perceived quality of service, customer
satisfaction, and customer loyalty in a coffee shop setting. A total of 303 visitors at 5 coffee
shops in a Southwestern state in the U.S. completed questionnaires. With a structural equation
modeling technique, this study showed that servicescape significantly influenced perceived
quality of service and food and beverage quality within the context of coffee shops. Also,
perceived quality of service significantly affected customer satisfaction and customer satisfaction
significantly influenced customer loyalty in coffee shops. Thus, managers should address issues
regarding servicescape and food and beverage quality in order to improve customer satisfaction
and customer loyalty in the coffee shop business.
Keywords: servicescape; food and beverage quality; perceived quality of service; customer
satisfaction; coffee shops
9
Time-varying Continuous and Jump Betas : Implications for Portfolio Diversification

(Evidence from Indonesia Stock Market)
Usman Arief
Zaafri Ananto Husodo
Universitas Indonesia
Corresponding author e-mail: arief.usmanarief@gmail.com
Abstract
This paper estimates CAPM beta for both continuous and jump components for constituent
stocks market using 3 month sample from March to June 2017. Using high frequency data, the
researchers decompose the time-varying beta for stocks into beta for continuous and
discontinuous systematic risk, use 5 min interval data set from Thompson Reuters, and find that
there is significant jumps components in Indonesia stock market (JKSE). However, any
significance jumps component in individual stock market in LQ 45 was not found. It is estimated
that individual beta of small size companies have larger beta than large size companies with the
highest beta is 4% and the average beta is 1,32%. Furthermore, low volatility firms has smaller
beta with the average 0,56% as opposed to high volatiliy firms with the average 1,71%. This
research reveals that continuous volatiliy in stock market is 0,123% and jump volatility is
0,434%. The researchers also investigate that diverfication effect can be employed to decrease
the total realised volatility by simply adding the number of stocks.The researchers do not find the
same pattern for continuous and jump systematic risk, but it is found that investor can omitted
jump systematic risk when they have at least 10 stocks in their portfolio. Finally, considering the
model, the researchers have strong evidence that jump components in Indonesia stock market
can explain leverage effect and the negative return with level of signifincace is 99%.
Keywords: high frequency data, continuous and jump beta, systematic risk, leverage effect
Upgrading Vietnam’s Apparel Industry - Case Study Methodology
Tan Tuyen Ho
Tinh Cat Huynh
Duy Tan University, Da Nang, Vietnam
Corresponding author e-mail: hotantuyen@gmail.com
Abstract
Since 2000, Vietnam apparel industry has grown rapidly as one of five largest apparel exporters
in the world. Apparel products made in Vietnam are exported to more than one hundred nations,
but Vietnamese manufacturers are still mainly engaged in production - outsourcing with low
value-added in global apparel value chain. In recent years, manufacturers have done their best to
upgrade to higher value added stages. For the purpose of studying the upgrading process at the
businesses in-depth, the study aims to evaluate the upgrading result specifically and define
activities effecting this process. Based on approaching the global garment value chain and using
the qualitative research approach - the case study method, the article focuses on analyzing in
depth some outstanding case studies (businesses) in the upgrading process.
Keywords: Upgrading, global apparel value chain, intergration activity, apparel industry, Vietnam
10
Corporate Governance, Accounting Information Quality

and Cost of Equity Capital - An Indonesia’ Evidence
Krismiaji
Atmadi Raharja
Accounting Academy of YKPN Yogyakarta
Corresponding author e-mail: xmiaji@gmail.com
Abstract
The purpose of this paper is to discuss empirical research examining corporate governance
practice (CG) and accounting quality (AIQ) on cost of equity capital (COEC) in the context of
agency problem and information asymmetry. Using a sample of 414 firms in the period between
2010 and 2013 as the data sample, this research finds evidence of a negative association of AIQ
and COEC. Since AIQ uses an inverse measure, negative coefficient means that when AIQ
decrease, COEC increase. Thus this result does not support the hypothesis With respect of CG,
both managerial ownership (MAN) and institutional ownership (INS) negatively associates with
COEC. This means that CG decreases COEC and support the hypothesis.
Keywords : Corporate governance, accounting quality, cost of equity capital
Analysis of Flypaper Effect on the District and Municipality

Government Expenditures in North Sumatra Province
Fitri Yani Panggabean

Universitas Pembangunan Panca Budi
Muhammad Bukhori Dalimunthe

Universitas Negeri Medan
Corresponding author e-mail: daliori86@unimed.ac.id
Abstract
This study aims to analyze the flypaper effect on the district and municipality government
expenditures in North Sumatra province. The research data are in the form of secondary data
sourced from reports on the budget realization report with the study period from 2011 to 2014.
The technique of analysis is using regression. The sample method is using purposive. The sample
consists of 27 regencies consisting of 22 districts and 5 municipalities. The results showed
flypaper effect on the district and municipality government expenditures in North Sumatra
province. However, if the analysis is conducted only on municipality governments in the North
Sumatra province there is no flypaper effect on government expenditures. These findings suggest
a disparity between district and municipality governments on dependence on transfer funds from
the central government. In general, local governments are still dependent on transfer funds
provided by the government and are not yet optimal in exploring local own revenues, which are
dominated by newly-formed district government of North Sumatra.
Keywords: flypaper effect, goverment expenditures
11
Drivers Of Going Concern Audit Opinions:

An Empirical Evidence From Indonesia
Lina Rahmawati Suroto

Hadri Kusuma
Universitas Islam Indonesia
Corresponding author e-mail: linarahmawatis06@gmail.com
Abstract
The study of the going concern audit opinions is an important component within the
enhancement of firms’ responsibility and stewardship. A going concern audit opinions implies
that the independent auditor doubts the future of the firm. This study aims to examine the drivers
of the likelihood of the going concern audit opinions. Previous studies revealed that there were
inconsistent drivers influencing the going concern audit opinion. This study shows similar results
to prior works. The result indicates that firms’ financial condition and profitability significantly
affect the likelihood of the going concern audit opinion, while firms’ size and leverage are not
the determinants of the intensity of the going concern audit opinion.
Keywords: going concern audit opinion, financial condition, leverage, profitability, firm size
Determinants Of Accounting Frauds

(Perceptions Of Indonesian Civil Servants)
Raden Roro Tisa Rachma Andreina

Hadri Kusuma
Email: tisarachma08@gmail.com
Abstract
This study aims to examine a number of factors that affect the accounting fraud. This study used
the variables consisting of information asymmetry, organizational commitment and individual
morality. The authors surveyed the employees at the Office for Management of Regional Revenue,
Finance and Assets (Dinas Pendapatan Pengelolaan Keuangan Aset), Yogyakarta Province. This
study uses convenience sampling technique method. The data collected from 96 respondents
revealed that the variables of information asymmetry and organizational commitment significantly
enhanced the accounting fraud while the individual morality significantly diminished the
accounting fraud.
Keywords: information asymmetry, organizational commitment, individual morality,

accounting fraud
12
Portfolio Performance Analysis With Sharpe, Jensen and Treynor Method

(LQ 45 Shares In Indonesia Stock Exchange Period August 2012-August 2016)
Elvina Setiawati
Universitas Mataram
E-mail: elvina_setiawati@yahoo.co.id
Abstract
This study evaluates the Performance of Stock Portfolio using Sharpe, Jensen and Treynor
methods. This study aims to determine the Optimum Portfolio Performance of LQ-45 companies
in the Indonesia Stock Exchange. The design of the study was conducted using secondary data in
the form of stock price data, Return Portfolio, Interest Rate Bank Indonesia (SBI), LQ-45 Index
Period August 2012-January 2016. There are several steps in this method associated with Sharpe,
Jansen and Treynor formulas Return portfolio (Rp), Average risk free (Rf), Average market return
(Rm), standard deviation return (σρ) and Beta portfolio (βρ), which is used for 1 period (1 year)
in LQ-45 stock portfolio. The results of this study indicate that the returns of companies
incorporated in LQ-45, are generally positive and Returns that have maximum value of PT.BW
Plantation, Tbk (BWPT), and beta which have maximum value of PT.Bumi Resources Tbk
(BUMI) . The performance of Sharpe, Jensen and Treynor's most optimal methods is PT. United
Tractor Tbk (UNTR), PT.BW Plantation Tbk (BWPT) and PT. Harum Energy Tbk (HRUM).
Keywords: Sharpe Index, Jensen, and Treynor on LQ-45 Stock Portfolio at IDX
Study Supporting Factors of ABM in Maintaining Customer Loyalty of The Hotel
Maulana Azhari
E-mail: bokuboss74@gmail.com
Abstract
The purpose of this study is to examine the supporting factors of the application of activity-based
management (ABM) which is done by Hotel management in Lombok in maintaining their
customer loyalty. This study was conducted in three stages. The first stage tested the interaction
of factors supporting the application of activity-based management on the Hotel using
moderated regression analysis (MRA). The second stage determines the priority factor using the
exponential comparison method (ECM) to determine in-depth interview with the Hotel manager.
The third stage determines the strategy of the factors prioritized to improve the efforts of Hotel
management in implementing activity-based management in order to maintain customer loyalty.
There are four success factors that support the application of activity based management that
are; (1) organizational culture; (2) top management support; (3) process change; (4) and ongoing
training. Thus, the research is expected to contribute in improving Hotel management in
maintaining their Hotel customers.
Keywords: Activity-based management (ABM), moderated regression analysis (MRA),

exponential comparison method (ECM), activity-based management supporting
factors, customer loyalty.
13
The Analysis of Factors Affecting the Use of e-Filing

for Individual Taxpayers
Ni Made Suwitri Parwati

Tenripada
Femilia Zahra
Department of Accounting, Faculty of economics, Tadulako University
Abstract
This study aims to analyze factors affecting the intention to use e-filling for individual taxpayers.
The data collection method was using survey by spreading the research instrument to the
taxpayers as the respondents who had been registered in KPP Pratama Palu by doing random
sample for 300 individual taxpayers in Palu, a city which has used e-filing in reporting the SPT.
As a result, it was found out that there were two factors which affect the individual taxpayers by
the use of e-filings from the SPT’s delivery, such as perceiving ease of use and perceiving
usefulness.
Keywords: perceived usefulness, perceived ease of use, e-filing, Technology Acceptance Model
The Effect of Safety Leadership On Safety Behavior
Yoppi Syahrial
Salman Faris Insani
Ariyani Wahyu Wijayanti
Faculty of Economics, Universitas Veteran Bangun Nusantara, Sukoharjo, Indonesia
Corresponding author e-mail: ariyani.fe.univet@gmail.com
Abstract
This study examines the effect of safety leadership on safety behavior. The samples in this study
were employees of PT Bentoel International Investama in Surakarta. The respondents in this
study were employees engaged in work activities in the company and can provide the
information needed in the study and be willing to be the respondent. The total survey
respondents were 126 people out of 150. The sampling method used was nonprobability
sampling, whereas the technique used was convenience sampling. The data analysis is using
multiple regression analysis. Based on the analysis of the results, it is obtained that safety
leadership have influence on safety behavior.
Keywords: safety leadership, safety behavior
14
Financial Governance Agency Of General Services University To Make Financial

Accountability (Case Study At Mataram University)
Eka Murniyati Said

Lilik Handajani
Endar Piturinngsih
Master of Accounting Program University of Mataram
Corresponding author e-mail: ekamaniez14@yahoo.co.id
Abstract
The Government has created a new model in the management of public service agencies with
the implementation of the Financial Services Management (PPK) of the Public Service Agency
(BLU). Government agencies are encouraged to implement flexible financial management
patterns with accentuated productivity, efficiency and effectiveness. This study aims to know
about the implementation of financial management of BLU in Mataram University which has
been implemented since July 2012. The research used qualitative method with case study
approach. The data were obtained through interviews and documentation studies. Furthermore,
the data were analyzed descriptively. The result of the research shows that the implementation of
BLU in Mataram University has not run effectively because there are still many problems in
financial management. The findings of the field found that budget revisions are still frequent,
hindering the budget absorption process. In general, budget absorption tend to be lower than
before the implementation of BLU. BLU revenue management is still not optimal, while the asset
utilization is still not maximal. The existing system is inadequate, in terms of financial reporting.
This is due to the lack of readyness of the University of Mataram in carrying the status of BLU
from human resources. The technology systems and inter-sector coordination is still minimal. The
role of financial management officials also has influences.
Keywords: Financial management, General Service Agency, Accountability
Effect of Simda, Organizational Culture on Performance with Motivation as Intervening
Meri Herlina
Program Studi Magister Akuntansi Pascasarjana Universitas Mataram
E-mail: meriherlina1981@gmail.com
Abstract
This study aims to examine and to analyze the influence of SIMDA and organizational culture on
the performance of financial management officials of the district of East Lombok with
motivation as intervening variable. This research was designed as descriptive research in the
form of associative causality by using questionnaire and was analyzed by path analysis. The
result of the research finds that SIMDA and motivation have no direct effect on performance
while organizational culture has a direct effect on performance and motivation of employee of
financial manager of East Lombok regency.
Keywords: SIMDA, Organizational Culture, Motivation, Performance
15
The Effect of Ethical Content in Accounting Education on

Perception Student Ethics
Sri Ambarwati
Tri Astuti
University of Pancasila
Corresponding author e-mail: ambarwatisri69@gmail.com
Abstract
The objective of this research is to reveal the influence of the effect of the charge of ethics in
accounting education towards ethical perceptions of students. The population of the research are
undergraduate students of Accounting study program Faculty of Economics and Business,
University of Pancasila, in the fifth semester who take Business Ethics. The data of this research
is taken by using questionnaire as primary data. There were 200 questionnaires given out but
only 146 questionnaires which meet the criteria of sampling. To analyze variables, this research
uses simple regression analysis. The result shows that the charge of ethics in accounting
education has significant influence on students’ ethics perceptions with 5% significance
tolerance.
Keywords: charge ethics, ethical perception
Impact of Business Environment Change on Entrepreneurial Behavior

and Business Process Reengineering (BPR)
Herminawaty Abubakar
Universitas Bosowa
E-mail: herminawatyabubakar68@gmail.com
Abstract
Entrepreneurship is a characteristic of humanity that works great in managing a business,

because entrepreneurs who have entrepreneurial behavior exhibit dynamic, innovative and
adaptive innovation toward the changing business environment. The study aims to analyze the
responses of respondents to entrepreneurial behavior and business process reengineering
strategy in a complex, uncertain, and rapidly changing business environment. This research was
conducted on a tour and travel business in South Sulawesi Province as many as 160 business
trips. This research is included in survey research by using questionnaire as primary data
collector. The results of this study indicate that entrepreneurial behavior and business process
reengineering strategy is the improvement of business processes to improve satisfaction, both for
consumers and stakeholders, and entrepreneurship is a process of doing something new and
something different that aims to create profitability and provide a positive value to the company.
Keywords: Entrepreneurial Behavior, Business Process Reengineering, Performance
16
The Impact of The Implementation of Governmental Accounting Standards and

The Completion of Audit Findings on Good Governance
(Study on The Inspectorate Office of West Nusa Tenggara)
Fithria Aprilyaningrum
Muaidy Yasin
Endar Pituringsih
Master of Accounting, University of Mataram
Corresponding author e-mail: fithriaprilya@gmail.com
Abstract
This study aims to verify the impact of the implementation of Governmental Accounting
Standards and the completion of audit findings on good governance in the Inspectorate Office of
West Nusa Tenggara. The participants of this study were 49 employees in the office, who were
selected purposive sampling method. The primary data were collected by distributing
questionnaires to the participants, including functional auditors and government internal
supervisory apparatus, and the final samples consisted of 30 respondents. Hypothesis
examination was conducted based on multiple regression analysis which indicates that the
implementation of governmental accounting standards and the completion of audit findings were
positively related to and had a significant impact on the implementation of good governance
principles.
Keywords: implementation of governmental accounting standards, the completion of the audit

findings, good governance
Islamic Social Report, Good Corporate Governance, Financial Performance

And Company Value
Aida Nahar
Anis Chariri
Tri Jatmiko
Faculty of Economics and Business, Diponegoro University
Corresponding author e-mail: aida.unisnu@gmail.com
Abstract
This study examined the role of disclosure of Islamic Social Reports and Good Corporate
Governance in moderating the relationship between financial performance and company value.
The panel data of this study were gathered from companies listed on Jakarta Islamic Index in
2011 – 2015 and then analyzed using regression model. The findings show that financial
performance positively influenced company value. More interestingly, good corporate
governance moderated the relationship between financial performance and company value.
Meanwhile, empirical data show that Islamic Social Report did not moderate such relationship.
Keywords: Islamic social report, good corporate governance, financial performance, and
company value
17
The Implementation of Financial Statement Transparency and Accountability in

Wonocolo Village Based on Law No. 06 Year 2014
Lita Yulita Fitriyani

Marita
Universitas Pembangunan Nasional “Veteran” Yogyakarta
Corresponding author e-mail: lita.yf@gmail.com
Abstract
Law No. 06 Year 2014 regulates that a village will be given fund from the government to be
used for the village’s needs. The aim of this study was to know how financial statement
transparency and accountability in Wonocolo Village was implemented, referring to Law No. 06
Year 2014. This field study implemented qualitative approach with purposive sampling. The data
were collected using interview and analyzed using descriptive analysis. The result of this study
shows that the management of the village’s financial statement is not fully transparent and
accountable.
Keywords: transparency, accountability, financial statement
Determinant Analysis of the Implementation of Accrual Accounting Standard

In the Government of Papua
Edwin Micha Rorey

Master Program of Accounting, University of Mataram
E-mail: edwinrorey@yahoo.com
Abstract
This study aims to empirically test the influence of human resources, information technology,
internal control of government and organizational commitment as independent variables on the
accrual government accounting standard as a dependent variable, both partially and
simultaneously. The population of this research was 46 associative work units in the province of
Papua. There were 138 samples determined using purposive sampling method. From each work
unit, 3 employees serving as a finance manager and a financial statement were taken as
respondents. The data were collected using questionnaire with Likert scale for the items. The
data were analyzed using multiple regression analysis and processed with the help of Statistical
Package for Social Science (SPSS). The findings of this study indicate that there was a significant
positive relationship between the independent variables and the dependent variable. 41,2% of
the accrual government accounting standard was explained by human resource, information
technology, internal government control and organizational commitment, while the rest 58,8%
was explained by other variables. This study may be a consideration for leaders of regional
apparatus units and the provincial government to improve the quality of the employees in the
field of accounting.
Keywords: accrual based government accounting standards, human resources, information

technology, internal control of government and organizational commitment
18
Family Echelons and Firm Performance
Hadi Sumarsono
Economic Faculty, Muhammadiyah University of Ponorogo
E-mail: bonsaiponorogo@gmail.com
Abstract
Upper echelon theory suggests that the performance of a firm is a reflection of the observable
characteristics of its top managers but there is less evidence of this theory in the context of
family firms. This study empirically examined how the demography of family echelons affected
family firm performance. The samples were family firms on Indonesia Stock Exchange in 2013-
2015. This study found that women in family echelons had a positive effect on the firm
performance. The level of education of family echelons had a positive effect as well, but there
was no influence from the business education background. This finding provides additional
evidence how family echelons have a strong effect on the firm performance.
Keywords: upper echelons, family firm, agency theory
Volatility Return and Volume: Information from Stock Trading in Emerging and
Developed Markets and Small – Big Capital Stock
Rahma Tri Benita

Irwan Adi Ekaputra
University of Indonesia
Corresponding author e-mail: rahmatribenita1212@yahoo.co.id
Abstract
This study aims to analyze the relationship between volatility return and changes of trading
volume as one of the indicators of information flows in British and Indonesia stock exchanges,
which are divided based on small and big market capital in the period of 2014-2017. The result
of this study shows that the absorption of trading volume as a proxy information on the
conditional variance in GARCH model can significantly affect the volatility persistence in small
market capitalization firms and big market capitalization firms in a developing market. The result
also shows that the trading volume of small market capitalization firms in an emerging market
has high volatility persistence both before and after the volume is absorbed in conditional
variance, and it also indicates that the trading volume in big market capitalization firms can
decrease the volatility persistence from the return. The decrease of volatility persistence is
relevant to Mixture of Distribution Hypothesis where trading volume and volatility return or price
are joint distribution. Whereas, the increase or stagnancy of volatility persistence in small
capitalization firms in an emerging market is relevant to Sequential Information Arrival
Hypothesis, in which more information inside a firm at the first time will be exploited into the
market, leading to a highly sensitive movement of price and volatility, a reason why an initial
equilibrium changes into a final equilibrium.
Keywords: Volatility return, MDH hypothesis, SIAH hypothesis, GARCH
19
The Influence of Financial Performance and Firm Size on Bond Rating:

Evidence from Indonesia
Annisa Fitria Wulandari

Zhao Hong Ping
School of Business Nanjing Xiaozhuang University
Corresponding author e-mail: wannisafitria@yahoo.com
Abstract
Recently, investment activities are getting more interesting to companies or individuals. One
example is purchasing bond so that investors or buyers can manage their money without facing
big risks and gain a good amount of profit. In the process of choosing which bond is worth
buying, investors can use bond rating published by rating agencies to help them make
purchasing decisions. The rating uses internal and external factors that can determine which
bond has good and bad rates. This study aims to examine the influence of financial performance
and firm size on bond rating. The population of this study was listed in Indonesia Rating Agency
(PEFINDO) in 2015-2016. The study samples consisted of 31 banks which met the sampling
criteria. Bond rating scale was used as the dependent variable, financial performance
measurement (return on asset) and firm size as the independent variables, and financial
performance measurement (net profit margin) as the control variable. The logistic regression was
selected to examine the samples. The result shows that firm size was positively and significantly
associated with the bond rating. On the contrary, return on assets and net profit margin were
positively but insignificantly associated with bond ratings.
Keywords: bond rating, financial performance, firm size, indonesia rating agency
Analyzing the Process of Absorptive Capacity in Small and Medium-Sized Enterprises
Dede Iskandar Siregar

Anjar Priyono
Corresponding author e-mail: dedeiskandarsiregar1@gmail.com
Abstract
Absorptive capacity is regarded as an important factor for firm innovation and competitive
advantages. Previous studies in this field were focused to clarify the role of R&D and individual
position in a firm. From the management perspective, the process which emphasizes those
aspects are only acceptable for companies with R&D facilities, while a focus on individual
authorities makes the process become limited. This study started by outlining the concept of
absorptive capacity, followed by a comprehensive identification of activities in its phases. It
consists of exploration, transformation, and application. To enhance our understanding on how a
firm absorbs external knowledge, we conducted a case study from three different manufacture
companies. The results suggest that absorptive capacity does not emerge in a linear process; a
firm with high acquisition activities does not always come from high identification; and the
assimilation is necessarily not completed to the application. These findings, however, have
contributed to developing the concept of absorptive capacity.
Keywords: absorptive capacity; exploration, transformation, application
20
Capital Structure Influence on Financial Performance: Analysis of Hang Seng Index-

Commerce and Industry of Sub-Index of Hong Kong Stock Exchange From 2011-2015
Nadia Rasyida Nisa Mashuri

Univeristas Islam Indonesia
Wang Ming Cheng
School of Economics and Business, Nanjing Xiaozhuang University
Corresponding author e-mail: natedia.mashuri@yahoo.com
Abstract
Financial resources are important for a company to run the business while its investors want to
secure their investments and returns. Company profitability shows the returns and company
leverage shows the risks. A well-managed capital structure ensures profitability and suppresses the
risks and attracts investors. This study aims to examine the influence of a capital structure on
financial performance. The population of this study was all ever-listed constituents of Hang Seng
Index-Commerce and Industry of Sub-index of Hong Kong Stock Exchange (SEHK) from 2011-
2015. The research sample consisted of 22 companies which met the sampling criteria. Profitability
measurement (return on assets) was used as the dependent variable, four capital structure
measurements (debt ratio, long-term debt to total assets ratio, short-term debt to total assets ratio,
and debt to equity ratio) as the independent variables, and four capital structure determinants (size,
activity, liquidity, and tangibility) as the control variables. The panel data from the selected samples
were categorized into four models and analyzed using pooled ordinary least square (OLS)
regression, fix effect, and random effect to investigate the influence. The result generally indicates
a negative and significant influence of capital structure on financial performance in constituents of
Hang Seng Index-Commerce and Industry of Sub-index in the period of five years. Thus, when the
capital structure increases, the financial performance will considerably decrease.
Keywords: capital structure, financial performance, hang seng index, commerce and industry of
sub-index constituents
Contributing factors to successful implementation of an information management

system at local government: the case of East Lombok district
Sari Kartikaningrum
Irwan Muhammad
Hermanto
Corresponding author e-mail: sarikartikaningrum@gmail.com
Abstract
This study examined the influence of human resource competency, systems quality and the
quality of information on successful implementation of an information management system
called SIMDA. This study was conducted at a local government level, focusing on the case of
East Lombok District. The research participants were selected from 15 government organizations
in East Lombok District. The data were collected using questionnaires involving 30 government
officials working as SIMDA operators. The findings show that there is a positive correlation
among factors of human resource competency, systems quality and the quality of information
toward successful implementation of SIMDA.
Keywords: human resource competency, systems quality, the quality of information, successful
SIMDA implementation
21
Quo Vadis Fintech in Indonesia: Opportunities and Challanges
Muhammad Ridha Iswardhana

International Relations of Universitas Teknologi Yogyakarta
E-mail: muhammad.ridha@staff.uty.ac.id
Abstract
The issue of digital economy has become one of the world's major concerns, along with the
economic crisis and distrust of banks. The issue is not only happening in developed countries but
also in Indonesia. Reflecting on Indonesia's economic that is dependent on natural resources, it is
necessary to shift toward a technology and internet-based economy. As a result, the fintech
phenomenon is growing rapidly. This study was conducted because there is a need for digital
economy and the hope of a greater role of Fintech in Indonesian economy. Qualitative
descriptive methodology and concept of digital economy were implemented in this study.
Keywords: digital economy, investment, fintech, bank, indonesian economic
The Behavior of Credit Market: Analysis on Price, Efficiency, Size and Ownership
Structure of Conventional Banking in Indonesia
Siti Aisyah Tri Rahayu

Tri Mulyaningsih
Malik Cahyadin
Universitas Sebelas Maret
Corresponding author e-mail: trimulyaningsih.uns@gmail.com
Abstract
Indonesia economy relies heavily on banking as more than 80 percent of its financial industry
assets was dominated by the banking industry. Loan from banking sector is the major source of
investment and capital of firms. Further, after the 1997/1998 financial crisis, Indonesia adopted
the prudential policy for the banking industry in order to lower the risk of non performing loans
and lower the banks’ insolvency risk. Meanwhile, the prudential regulation cost the economy as
Indonesia experienced undisbursed lending. This study aims to understand the behavior of supply
and demand of credit of the conventional banks in Indonesia between 2005 and 2014, a period
of recovery from financial crisis in 1997/1998. Equilibrium of credit market developed by
Bernanke and Blinder (1988) was employed as the basis model to understand the behavior of
supply and demand for credits. Bernanke and Blinder (1988) argued that demand and supply of
credit are determined by rates of credit and bonds. Thus, creditors and debtors select between
bonds and loans regarding the interest rates applied for those two instruments. The Seemingly
Unrelated Regression model is employed to manage simultaneity between demand and supply of
credit. The empirical findings support Bernanke and Blinder (1998) in which in the case of
Indonesian banking, demand and supply of credit are determined by rates of lending and yields
of bonds. In addition, supply of credit is also determined by the rates offered by public rates of
certificate of central bank (SBI). A higher rate of lending induces banks to lend more while
lowering the demand for credit. Government bonds and SBI are the substitutes of loans; thus, as
the bond yields and SBI rates increase, the supply of credit becomes lower. This study also
reveals that prudential regulation, for example by increasing the capital adequacy ratio (CAR),
has lessened the bank capability to supply loans. The finding also shows that higher lending
capacity improves bank’s supply of credit. In addition, larger banks are proved to able to supply
22
more credit than smaller ones. The macroeconomic conditions have a substantial impact on the
demand for credit. The gross domestic product (GDP) and inflation have positive impact on
demand for credit. Besides, the existence of output gap enhances the demand for loans. Finally,
demand for loans was influenced by inflation rates.
Keywords: demand and supply of credit, banking, interest rates (price), bonds, macroeconomics
Accountability of Financial Village Management
Baiq Vina Lestari

Master of Accounting University of Mataram
E-mail: vinalestari2608@gmail.com
Abstract
The implementation of Law no. 6 Year 2014 allows a village to get a very large amount of fund.
For that reason, village financial managers’ responsibility is required in their communities. This
case study was conducted in the district of Labuapi, West Lombok regency, using analytical logic
analytic technique. The result shows that the accountability is still weak, indicated by insufficient
administration information received by the society. Some village officials were unable to deal with
computerization due to ineffective guidance system in the village apparatus and lack of resources.
Keywords: accountability, management, village finance
The Role of Entrepreneurial Leadership and Motivation Toward the Creativity in

Creating Employees’ Innovation
Ahmad Badawi Saluy

Nova Wiguna Kemalasari
Mercu Buana University, Jakarta
Corresponding author e-mail: badawi_saluy@yahoo.co.id
Abstract
This quantitative study aims to investigate the influence of entrepreneurial leadership and
motivation toward the creativity in creating employees’ innovation by analyzing the factors
influencing employees’ creativity. 100 employees of PT. XYZ were involved as respondents. The
samples were obtained by quota sampling and the data were analyzed by path analysis using
SPSS version 20.0. The result reveals that there was an influence of entrepreneurial leadership
and motivation toward the creativity in creating employees’ innovation, so that leaders can
improve work motivation for its significant influence toward employees’ creativity and
innovation.
Keywords: entrepreneurial leadership, motivation, creativity, and innovation
23
Analysis of Financial Performance, Firm Characteristics, and Ownership Structure on

Earnings Management
Resti Kartika Dewi

E-mail: restimochti@gmail.com
Abstract
This study aims to analyze the determinants of earnings management. Determinants of earnings
management consist of three variables: financial performance, firm characteristics and ownership
structure. The variables of earnings management in this study were measured using the new
model offered by Whelan and McNamara (2004). The difference with older models is that
discretionary accruals are broken down into short-term and long-term ones. In addition, this
study also applied real earnings management measure such as the model used by Roychowdhury
(2006). The data used in this study were secondary data derived from the financial statements of
48 manufacturing companies listed on the Indonesia Stock Exchange (IDX) year 2016 using
purposive sampling. The data were analyzed using Partial Least Square (PLS) analysis. The
results show that earnings management is influenced by financial performance, corporate
characteristics, ownership structure, and short-term discretionary accruals and long-term
discretionary accruals as an earnings management indicator has different influence on value
relevance of accounting information.
Keywords: short-term discretionary accruals, long-term discretionary accruals, real earning

management
The Influence of Corporate Social Responsibility on Stock Performance:

Using The Global Reporting Initiative G4 Indicator for CSR Disclosure
Marentina Puspitasari
Buddi Wibowo
University of Indonesia
Abstract
This study investigated the effect of corporate social responsibility (CSR) activity on the
company's stock performance in the period of 2013-2016 in Indonesia. CSR disclosures are
measured using Global Reporting Initiatives (GRI) guidelines generation 4. Companies
participated in this study were those from mining and banking sectors. This study aims to see
whether the investor considered CSR in their investment decision or not and whether there were
differences in the effect of CSR on stock performance in sectors related to natural resources
(mining) and sectors unrelated to natural resources (banks). Using the firms’ financial health and
firm’s characteristics as control variables, it was found that CSR had a significant positive effect
on actual return and abnormal return in the period of 2013-2016. It means that CSR is an
important aspect for investors’ decision. The results also show that there were no differences in
the effect on both sector groups (mining and banking).
Keywords: Corporate social responsibility (CSR), return on equity (ROE), net profit margin
(NPM), size, actual return, abnormal return, price to book value (PBV), global
reporting initiative (GRI)
24
Modeling Foreign Exchange Reserve
Abdul Hakim
Dania Paramita Aryuni
Corresponding author e-mail: abdul.hakim.uii@ac.id
Abstract
This paper models the empirical behavior of Indonesia's foreign exchange reserves using the
Autoregressive Distribued Lag Model (ARDL) model. The explanatory variables are Foreign Debt
(FD), Foreign Investment (FI), Export (X) and Import (M). This study also establishes a limit that
is considered harmful to the foreign exchange reserves by utilizing the second moment of
regression, the Exponential Generalized Autoregressive Conditional Hetroskedasticity (EGARCH)
model. The limit will be realized in the form of conditional Value-at-Risk (VaR).
Keywords: Foreign exchange, ARDL, EGARCH, value-at-risk
The Effect of Strategic Alliance on Business Values and Business Performance

(A Study at Dry Tobacco Industry in West Nusa Tenggara)
Handry Sudiartha Athar

Universitas Mataram
E-mail: andre_sudiartha@yahoo.com
Abstract
This study aims to determine (1) how the influence of strategic alliance, business values and
business performance on the industry of dry tobacco leaves in West Nusa Tenggara, (2) the
influence of strategic alliance to business values, (3) the influence of business values to business
performance, and (4) the influence of strategic alliance to business performance directly or
indirectly through business values. The approach of this study is economics of management
science with a focus on management strategy. This descriptive study aims to gain an overview of
the influence of Strategic Alliance on business values and business performance. The data were
collected questionnaire and observation. The results of the analysis show that with strong
strategic alliance, business values of companies engaged in the industry of dried tobacco leaves
are relatively high and the business performance is low: (1) Strategic alliance has a positive and
significant impact on business values. It means that better strategic relationship leads to better
business values; (2) Strategic alliance has a positive and significant impact on business
performance. It means that if strategic relationship has been applied in accordance with the
expected goals and the procedures, it will give a good impact on business performance; (3)
Business values have a positive influence on business performance, but the effect was not
significant. It means that business values have not been able to give a good contribution to
business performance; (4) Strategic alliance indirectly affects the business performance through
business values. It means that strategic alliance’s positive influence on business values will result
in improved business performance.
Keywords: strategic alliance, business values, business performance
25
The Follow Up of Auditing Results, Opinion of Accountability, And Mediating Effect of

Financial Loss Rate: An Empirical Study on Local Governments in Indonesia
Muhammad Din
Munawarah
Universitas Tadulako
Imam Ghozali
Tarmizi Achmad
Universitas Diponegoro
Corresponding author e-mail: muhammaddin@untad.ac.id
Abstract
This study aims to analyze the effect of the follow-up of financial investigation on the financial
reporting accountability and to examine the influence of follow-up of financial investigation on
the level of financial losses. This study was conducted in all municipalities and cities in Indonesia
using purposive sampling method from the period of 2011-2014, with the total of 1152
observations. The data was analyzed using Structural Equation Model (SEM) with Warp-PLS
Program 5.0 and Sobel test method to test the mediating variable. The results show that follow-
up of financial investigation reduces the level of financial losses, thereby increasing the
accountability of local government financial reporting.
Keywords: follow-up of auditing results, financial loss, financial reporting accountability
Forecasting of Demand for Long-Term Care Based on Multistate Piecewise Constant

Markov Process
Cui Xiaodong
Zheng Yuhua
Nanjing University of Science and Technology
Corresponding author e-mail: cui_xiaodong@163.com
Abstract
This study aims to provide an actuarial basis for the long-term care security system for the elderly
and to research the number of population with the demand and the time required for long-term
care. The survey data of the health state of China’s aged population were adopted to trace the
evolution of individual health state, and transition probability matrixes were constructed based
on the actuarial method; Markov process method with transition intensities as piecewise
constants was adopted to forecast the number of population needing long-term care; on this
basis, an expectation formula was deduced based on the actuarial theory of life insurance, and
the expected time required for long-term care was forecasted. The transition probability matrixes
based on the actuarial theory can avoid the subjectivity of variable selection in the common
regression analysis method; the piecewise constant Markov method can overcome the defect that
Markov time invariant hypothesis is not in conformity with the reality of health state varying
with age; the expected time required for long-term care deducted based on the actuarial theory
of life insurance is more scientific. In the coming decade, the number of disabled population in
China will increase to 1.5 times from the current number, and the number of female disabled
population will be around 2 times from that of male disabled population; the duration of
26
disability shows a trend of increasing first and then decreasing slowly and progressively with the
growth of age; the men’s average time required for care is less than women’s, and the women
who are advanced in age and poor in health are the main group with a demand for long-term
care in the future. This study contributes to the understanding and recognition of the natural law
of body function changes of the elderly, helps policymakers to plan and prepare medical and
nursing services required by the elderly, and is beneficial to the accumulation of basic
information for the construction of China’s long-term care security system for the elderly,
thereby, providing a decision basis for the government to develop an aging strategy.
Keywords: Long-term care; state transition matrix; Markov process
Factors Affecting The Audit Quality in The Inspectorate Offices In 3 Districts in Lombok
Sukriati Imtihan
E-mail: sukriatiimtihan@yahoo.co.id
Abstract
This study aims to examine the effect of competence and independence on the audit quality with
gender as the moderating variable. Respondents in this study were auditors working in the
inspectorate offices in 3 districts in Lombok. The results show that competence and
independence have a positive effect on the audit quality, while gender as the moderating variable
has no positive effect. The implication of the study is expected to contribute to the development
of public sector audit and be an evaluation for auditors to develop skills and capabilities in order
to improve organizational performance.
Keywords: competence, independence, gender, audit quality
The Relationship Between Land Finance, Urban-Rural Income Gap and Housing Price:
Evidence From China
Jing Gu
Business College, Nanjing Xiaozhuang University
E-mail: 476856855@qq.com
Abstract
This paper used the provincial panel data of thirty-one provinces, autonomous regions, and
municipality cities in China from 2006 to 2012 to analyze the relationship between land finance,
urban-rural income gap and housing price. The research result indicates that land finance and urban-
rural income gap is negatively correlated but not significant. Land finance influences housing price
positively and significantly. Meanwhile, the functional relationship between urban-rural income gap
and housing price is shown as a “U” shape. When the urban-rural income gap is 1.12, the housing
price touches the bottom. As a conclusion, we suggest increasing rural education investments,
attracting talents to work in countryside, allocating land revenue reasonably, and improving loan
interest rate to narrow the urban-rural income gap and control the housing price.
Keywords: land finance, urban-rural income gap, housing price
27
“Are India’s recent fund inflows structural in nature? Common patterns with USA:
Learning for South & South-East Asian developing nations”
Sourajit Aiyer
South Asia Fast Track
E-mail: sourajitaiyer@gmail.com
Abstract
Recent years saw significant inflows into financial savings in India, especially in equity mutual
funds. Equity mutual funds alone saw net inflows of over Rs. 700 bn in each of the last three
years, a huge reversal given that the five years prior to that saw aggregate net outflow of Rs. 308
bn. But is this surge from 2014 merely transitory or more structural in nature? We connect
India’s experience with that of USA on parameters like macro variables, physical and fixed
income asset trends, as well as industry’s institutional efforts, to identify commonalities in their
experiences during their respective periods when mutual funds saw increased penetration. This
paper ascertains if the surge in India from 2014 onwards is more structural in nature, just like it
was in the USA from the 1980s till mid-2000s. We look at the commonality in the macros in
both markets during these periods, which increased the disposable surplus. That is when the
mutual fund penetration in both markets also took off. We look at the commonality in the real
estate trends in both markets in those periods, which increased the migration to financial savings.
We look at the commonality in the fixed-income trends in both markets in those periods, which
increased the allocation to equities. We look at the commonality in institutional efforts like
network and education, which deepened the mobilization from individuals in those periods. The
observations from the common patterns, coupled with the macro estimates, lead us to conclude
that the recent surge in inflows in Indian mutual funds is more structural, at least for the near-
term. An objective is also to garner learning for other Asian developing countries based on the
common patterns in India and USA. Financial saving is yet to take off in most Asian developing
countries, especially in products which earn higher real returns in the long term. Can these
patterns help those nations too to deepen financial savings in mutual funds?
Keywords: financial savings, financial markets, income, saving, mutual funds, investments, assets
Intellectual Capital and Corporate Governance As a Determinant of Corporate Values

with Financial Performance as an Intervening Variable
Cahya Suryani
E-mail: cahyasuryani13@yahoo.com
Abstract
This study aims to determine the effect of intellectual capital and corporate governance against
company values with financial performance as the intervening variable. The data were obtained
from annual financial report of companies listed on Indonesia Stock Exchange 2016. The data
were analyzed using Partial Least Square analysis with the help of smartpls. The analysis shows
that intellectual capital positively affects the financial performance and corporate value, while
the corporate governance only has a significant effect on financial performance and has no
significant effect on corporate value. It also shows that company performance can mediate the
influence of intellectual capital and corporate governance on corporate value.
Keywords: intellectual capital, corporate governance, corporate performance, corporate value
28
The Influence of Accountability and Transparency of Village Fund Allocation

Management (Studies In Maguwoharjo Village, Depok, Sleman, DIY)
Lita Yulita Fitriyani

Marita
Ruth Yuliyanti
Universitas UPN “Veteran” Yogyakarta
Corresponding author e-mail: lita.yf@gmail.com
Abstract
Village Fund Allocation is a budget given by the central government to villages, the source of
which is derived from the Regional Tax Revenue as well as the Central and Regional Financial
Balance Fund received by the district. The purpose of this study is to know the effect of
accountability and transparency on the allocation of village funds (Alokasi Dana Desa / ADD) in
Maguwoharjo Village, Depok, Sleman, Special Region of Yogyakarta. The sampling method
used in this study was selected using Accidental Sampling. The respondents were Maguwoharjo
villagers with ID cards and aged over 20 years, chosen using Slovin formula. The data were
analyzed using descriptive analysis and multiple linear regression analysis. The results show that
accountability and transparency have a positive effect on the allocation of village funds (ADD).
Keywords: village fund allocation, accountability, transparency
Environmental Scanning among Hotel Organizations in an Emerging Market:

A Case in Malaysia
Haliza Mohd Said

UNITAR International University
Sayeed Siddiq
Nor Khomar Ishak
University Tun Abdul Razak
Correponding author e-mail: lizasaid@unitar.my
Abstract
The purpose of this study is to investigate how hotels in Malaysia conduct Environmental
Scanning activities in order to manage changing market structures. Environmental Scanning
activities offer a strategic information approach whereby the organization will be able to store
information, recognize prospects for growth and discover ways to improve its operational
competence. A qualitative approach was adopted using in-depth interviews on eight 5-star hotels
in Malaysia. The finding provides a better understanding of the environmental scanning activities
and the types of information collected by hotels in Malaysia. Task environment including
information on competitors, customers, and suppliers was scanned more than information on
general and specific environment. This information was used to assist hotels for operational and
tactical purposes to make decisions for daily hotel operations.
Keywords: environmental scanning, business environment, malaysian hotels, emerging market
29
The Role of Human Capital on Regional Economic Development in Indonesia
Awan Setya Dewanta

Rokhedi Priyo Santoso
Aminuddin Anwar
Corresponding author e-mail: adewanta.uii@gmail.com
Abstract
Since the economic crisis of 1998, the growth of Indonesia’s GDP per capita has been very slow,
and thus since 2004 the GDP per capita is below other East Asia-Pacific countries (excluding
high income). The condition is worsened by Indonesia's human capital which is relatively low
compared to other ASEAN countries, Japan, China, and South Korea. Meanwhile, it is higher
than Cambodia, Lao PDR, and Myanmar. Can Indonesia transform its abundant human resources
to accelerate economic growth because 43% of its 250 million population will be under the age
of 25 by 2020? Based on the result of cross section data analysis on 440 districts/cities in
Indonesia, there was a positive spatial (spillover) effect of economic growth and negative spatial
effect of human capital (education) on economic growth in 2005. In 2015, there was a positive
spatial effect of physical capital (government capital expenditure) and the negative spatial effect
of human capital (health). At the inter-island level, the reform of the education system has
provided an internal human capital effect on the larger economic growth, especially the districts
in the islands of Sumatra, Java, Sulawesi and Maluku-Papua and the external effects of human
capital on economic growth districts/cities in the island of Sumatra and Java.
Keywords: spillover effects, human capital, economic growth
Sense df Belonging (Toward) Fixed Asset
Evy Kurniati
Thatok Asmony
Budi Santoso
Corresponding author e-mail: evykurniati21@gmail.com
Abstract
This study aims to know the factors of the misapplication of fixed assets and efforts the
Government in Dompu Regency can do to overcome these problems. This research applied
qualitative method with case study approach (single case design holistic) and the technique of
purposive sampling / snowball for selecting informants. The result of this study shows that the
factors causing the misapplication of fixed assets were the lack of awareness of the asset holders,
the absence of SOP and the regulations along with the sanctions, and the fact that the asset
administration activities has not been published. Therefore, the government should arrange the
Regulation / SOP of asset utilization and also its sanction, committed to enforce the law and
regulation, and record the asset inventory periodically.
Keywords : fixed asset, misappropriation of assets, fixed asset administration
30
Financial Planning Framework: A Perspective of Wealth Accumulation

and Retirement Planning
Stanley Yap Peng Lok

Mahadevan A/L Supramaniam
Chok Nyen Vui
Fatemeh Kimiyaghalam
SEGi University
Corresponding author e-mail: stanleyypl@segi.edu.my
Abstract
This study shows the framework of financial planning in a different paradigm. It highlights the
results from a focus group on retirement planning in the aspect of financial literacy and wealth
accumulation in Malaysia. A focus group consisting of thirty individuals was divided into six
different clusters amongst 25 to 55 years old. The selection of focus group members was related
to retirement planning behaviors and saving profiles from the different level of educations. Our
results show that the focus group reflects individual capacity on saving attitude, financial literacy
and awareness towards financial products. In addition, availability, accessibility and affordability
are the significant factors that influence saving attitude, financial literacy and awareness on
personal retirement planning behavior. The participants expressed the concern of retirement
planning during their golden years and the current financial products in the Malaysian financial
market. This study is a different approach that recognizes the needs of the consumers in the
context of retirement planning and wealth accumulation. Therefore, customers should obtain
financial services and products from financial providers to achieve financial independence.
Keywords: retirement planning, wealth accumulation, financial literacy, focus group, saving
attitude, availability, accessibility, affordability
Parental Goals and Perspectives on Childhood Education Among Orang Asli Community
of Kampung Kachau Luar, Semenyih
Fatira Wata
Doris Padmini Selvaratnam
University Kebangsaan Malaysia
Corresponding author e-mail: fatirawata@yahoo.com
Abstract
This study was conducted under a visit program to Orang Asli settlement of Kampung Kachau
Luar Semenyih, Selangor Darul Ehsan, this study aims to survey Orang Asli parents’ view on
ensuring their children’s education, hence improving their performance in school. The data were
obtained from the total of four parents as the participants using interviews and observation
checklist as data collecting tools. In-depth interviews and observation checklist were conducted
to obtain critical data from Orang Asli parents. The data were analyzed and categorized
according to the arising themes. A study was then conducted on the data to verify the
authenticity and credibility of the findings. The key findings of the studies show that Orang Asli
parents have aspiration and goals for their children. They also stated that they play a role in their
children’s educational activities at school and that they have taken steps to ensure that their
children do well in schools. This shows that parents who have clear goals for their children
education are vital to improve performance and reduce dropout.
Keywords: orang asli parents, children, objectives, education, parental perspective
31
Social and Economic Transformation of Poso Community:

A Reflection of A Decade After Conflict
Nudiatulhuda Mangun
Chairil Anwar
Mauled Moelyono
Universitas Tadulako
Corresponding author e-mail: inunmangun@untad.ac.id
Abstract
The 1998 Poso conflict caused many fatalities, hundreds of unknowns to fate, and loss of
property, a grievous humanitarian tragedy tearing down the joints of social and economic life.
The impact of conflict has changed and undermined social and economic order of society, in
which most people were uprooted from their hometown into a new society to find places to live
at the moment. This study aims to analyze the models of social and economic transformation.
This study attempts to provide initial explanation whether the socio-economic transformation in
terms of government intervention and the involvement of private sector as well as NGOs leads to
the social-economic transformation in a decade after the conflict in Poso District. This study was
conducted at some villages such as Kelurahan Kawua, Pamona, and Petirodongi, involving 98
families as respondents using Probit Model analysis tool. The results reveal a mass population
displacement and a sense of prolonged trauma among the minorities. The process of social and
economic transformation takes place simultaneously. Statistically, the natural factors (FA) and
government intervention (IP) have no significant impact on the process of social transformation
in the new settlement, and the intervention of the private and non-governmental organizations
(IS-NGO) are capable of providing a positive influence but insignificant.
Keywords: post conflict transformation, social and economic aspects, refugees, intervention, Poso
Building Organizational Citizenship Behavior Through

The Role of Religiosity And Quality of Work Life
Sri Wartini
Economic and Business Faculty, Univeritas Negeri Semarang
E-mail: sriwartini169@gmail.com
Abstract
This study aims to analyze the effect of religiosity and quality of work life (QWL) of employees on
organizational citizenship behavior. The population in this research was all educational staff in
several units in Semarang State University with proportional sampling technique accounted for 880
people. The result shows that the significance value of religiosity is 0.063 > 0.05, which means that
hypothesis 1 stating religiosity influences organizational citizenship behaviors (OCB) is rejected. In
contrast, the significance value of QWL is 0.006 < 0.05 which means that hypothesis 2 stating that
there is an impact of QWL on organizational citizenship behavior is accepted. Based on the value
of t count, it is obtained that t count of QWL > t religiosity which means that hypothesis 3 stating
quality of work life dominantly influences on OCB is accepted. The conclusion is that level of
religiosity or belief is not capable of improving citizenship behavior of employees as well as higher
quality of work life; the higher citizenship behavior perceived.
Keywords: quality of work life, organizational citizenship behavior and religiosity
32
The Relative Efficiency and Performance Analysis of

Islamic Banking Based On DEA and camels
Isabella Novitasari
Nurfauziah
Corresponding author e-mail: nurfauziah@uii.ac.id
Abstract
Efficiency is a parameter that theoretically underlies the entire performance of an organization.
In other words, the ability to produce maximum output with existing input is an expected
performance measurement. In the world of banking, efficiency is popularly used as a
performance parameter because it is the answer to the difficulties in calculating the measures of
banking performance. Therefore, this study applied Data Envelopment Analysis (DEA) and
CAMELS. It is based on the fact that Data Envelopment Analysis (DEA) method is a procedure
specifically designed to measure the relative efficiency of a unit of economic activity using
multiple inputs and outputs, in which the combination of input and output is not probably done.
CAMELS is a bank financial analysis and bank's performance measurement tool established by
Bank Indonesia to know bank soundness level. This study used secondary data from the
Indonesian Stock Exchange in the form of balance sheet and profit and loss profit of Islamic
banks operating in Indonesia as the research area. The research variables are divided into input
and output for DEA analysis, Capital Adequacy Ratio (CAR), Earning Asset Quality (KAP),
Return On Assets (ROA), Operational Load Ratio to Operational Income (DEA) (BOPO), Bet
Profit Margin (NPM), and Loan Deposit Ratio (LDR) for CAMELS analysis.
Keywords: input, output, efficiency, and performance
Liberalism Analysis of Jakarta Sharia Stock Index in Comparison With Other

International Sharia Leading Stock Indices
D. Agus Hardjito
Athaya Reisya Nabila
Corresponding author e-mail: harjitok@yahoo.com
Abstract
This research was conducted to examine whether or not Jakarta Islamic Index as the only Sharia
index in Indonesia adopts a financial screening process that can be considered more liberal than those
financial screening process applied by Dow Jones Islamic Market Index, S&P 500 Sharia, FTSE Sharia
Global Equity Index and MSCI Islamic Index. In this study, 150 Sharia–compliant firms listed in JII in
the period between 2010-215 were screened using liquidity ratio, interest ratio and debt ratio with
certain formula adopted by Sharia leading index providers mentioned previously. The result shows
that only few (1.11%) companies listed in JII passed financial screening under DJIM and S&P in
2010-2015; more companies (21.68%) were Sharia compliant under Amiri and FTSE; 22.22% of
sample companies passed the financial screening process under MSCI. With the fact that only less
than 50% of the firms passed the screening process under 6 selected Sharia stock indices, it can be
concluded that JII apply more liberal screening criteria/process in its financial screening compared to
6 other index providers. The possible reasons of this difference are: the application of different
formula and the application of different threshold.
Keywords: sharia-compliant stock, financial screening, quantitative screening
33
Linking Innovation Barriers to Indonesian Manufacturing Firms’

Openness Are they connected?
Arif Hartono
Ratih Kusumawardhani
Indonesia Institute for Innovation Research, Policy and Development (I3RPD)
Corresponding author e-mail: arif.hartono@uii.ac.id
Abstract
Although open innovation (OI) has been studied extensively, there are currently only a few
studies that link innovation barriers to OI. Surprisingly, in the context of Indonesian firms, there
is no single study that focuses on such linkage. Hence, this study intends to narrow this gap by
using innovation data derived from Indonesia Innovation Survey (IIS) 2011. The findings are
expected to shed the light on Indonesian manufacturing firms’ openness as a response to
different groups of innovation barriers. Based on the factor analysis, innovation barriers can be
grouped into “market and institution”, “employee and organization attitudes”, “financial and
risk”, and “knowledge and cooperation”. Following Laursen & Salter’s (2006) work, firm
openness indicators consist of the use of external knowledge extensively (BREADTH) and
intensively (DEPTH) in the innovation process. Undertaking Tobit regression, surprisingly, from
the four innovation barriers groups, only barriers related to employee and organization attitudes
positively and significantly influence Indonesian manufacturing firms’ BREADTH and DEPTH of
openness in innovation. Smaller firms are more likely to use BREADTH of openness in
innovation than larger firms, while exporters tend to use DEPTH of openness in innovation when
the firms face barriers to innovation. Lastly, the implication for both theoretical and practical
aspects from this study are discussed.
Keywords: innovation barriers, open innovation, manufacturing firms, Indonesia
The Impact of World Oil Shock on Calorie Demand of Staple Foods:

Lesson From Indonesia
Agus Widarjono
Abstract
The world oil price crisis in the period 2004-2013 had an impact on the Indonesian government
budget. It led to the increased fuel subsidy. As a result, the government cut fuel subsidy by
increasing the price of fuel in the domestic market. The government had increased the price of
fuel several times at that period. Because staple foods are the main source of calorie for
households in Indonesia, this study investigates the impact of an increase in fuel prices in June
2013 on calorie consumption of staple foods. The results of the analysis show that the calorie
income of staple foods is more inelastic after an increase in domestic fuel prices. These findings
suggest that cash transfer program is very effective in solving nutritional deficiencies during a
price crisis in Indonesia. In addition, the policy of rice for the poor known as raskin is also
effective for poor urban households in maintaining their basic need of calorie.
34
Comparing The Return on Mudharabah Deposit and The Return on Equity: Assessing
The Fairness in Indonesian Islamic Banking Industry
Nurul Fadhilah
Achmad Tohirin
Corresponding author e-mail: achmad.tohirin@uii.ac.id
Abstract
This study compares the return on mudharabah deposit (ROMD) and the return on equity (ROE)
in Indonesian Islamic banks to unveil the differences and factors that affect them. The purpose of
this study is to evaluate the profit and loss sharing mechanism in Islamic banking through the
return on mudharabah deposit and on equity. The quarterly financial reports from 10 Islamic
banks within the period of 2011 to 2016 were processed using independent t-test to compare
means and panel regression method to disclose the variables affecting the behavior of ROMD
and ROE. The results show that the ROMD and ROE are statistically different, with ROMD
tending to be lesser than ROE. It is also found that ROA, total equity/total asset, total
deposit/total asset, total financing/total asset, bank size and the total of mudharabah deposit
accounts affect the variability of ROMD and the same variables, except mudharabah deposit
account which affects ROE. Following this result, Islamic banks in Indonesia need to evaluate the
governance to treat mudharabah contract as a mode of equity participation in nature, just like the
contract with the shareholders, in order to comply with Islamic economic framework through the
presence of the fairness in banking business.
Keywords: Islamic bank, return, equity, mudharabah, deposit
Determinants Analysis of Going-Concern Audit Opinion: Empirical Study in Indonesia
Dessy Franciska Yunior

Abriyani Puspaningsih
Email: abriyani@uii.ac.id
Abstract
This study aims to re-examine the factors affecting going-concern audit opinion. This study was
conducted because the results of previous studies still show inconsistent results. Factors tested in
this research were leverage, audit tenure, disclosure, reputation of Public Accounting Firm,
opinion shopping, and financial condition. This study used sub property and real estate sector
companies listed in Indonesia Stock Exchange in the period of 2011-2013 as research samples.
Based on the result of purposive sampling, 33 manufacturing companies fulfilled the sample
criteria. Hypothesis testing in this research was done using logistic regression analysis. The result
of hypothesis testing shows that leverage and reputation of public accounting firms have a
positive effect on going concern audit opinion. The variable of financial condition has a negative
effect on going concern audit opinion. The result of hypothesis testing also shows that tenure
audit variable, disclosure, and opinion shopping have no effect on going concern audit opinion.
Keywords: going concern audit opinion, leverage, tenure audit, disclosure, reputation of public
accounting firm, opinion shopping, and financial condition
35
Analysis of Factors Affecting Bid-Ask Spread Before and After Stock Split in Indonesia
Stock Exchange
Mecca Adhiendy
Zaenal Arifin
Corresponding author e-mail: zaenalarifin.fe@uii.ac.id
Abstract
This study aims to analyze whether there is bid ask spread before and after stock split and whether
or not there is a significant influence between stock price, stock trading volume, stock return, and
Security Return Variability to bid ask spread during stock split. Stock split occurs in the capital
market due to the desire of the issuers to keep the stock held in the optimal trading range. This
study was an event study, in which the observation window period was five days before the date of
announcement and five days after the date of stock split announcement. This study used secondary
data obtained from Indonesia Stock Exchange (BEI). Statistical analysis tool in this study was SPSS.
The samples were 52 companies chosen using purposive sampling method. The samples were
companies that issued stock split announcement during the period of 2013-2016. The statistical
methods used to test the hypothesis were wilcoxon rank-test and multiple regression analysis. The
results of data analysis indicate that there is a difference before and after bid ask spread at stock
split. As the result of stock price variables, stock prices do not affect bid ask spread when stock
splits, unlike the stock trading volume that has a negative and significant effect. Stock return has a
positive and significant effect on bid ask spread when stock splits. Meanwhile, the security return
variability does not affect the bid ask spread when stock splits.
Keywords: Stock Split, Bid Ask Spread, Stock Return, Stock Trading Volume, Stock Price,
Security Return Variability
Risk Management and Performance Empirical Study of Islamic

Rural Banking in Indonesia
Sutrisno
E-mail: sutrisno@uii.ac.id
Abstract
Banking is an institution which has its operations highly regulated by the government, and thus
the management must be able to manage risks. The purpose of this study is to examine the effect
of risk management on the performance of Islamic rural banking in Indonesia. The performance
of Islamic rural banking is measured by return on assets (ROA), while risk management consists
of financing risk measured by non-performing financing (NPF), capital risk measured by capital
adequacy ratio (CAR), liquidity risk measured by financing deposit ratio (FDR), risk of
management measured by net profit margin (NPM), and operating risk measured by operating
expense to operating income ratio (OEOI). The population of this study was the Islamic rural
banking operating in Indonesia with the samples consisted of 55 banks chosen using purposive
sampling method. The observation was conducted in 2 years (2015-2016) with quarterly data.
The hypothesis test was conducted using multiple regression analysis and assisted by SPSS
version 17.0 program. The results show that financing risk (NPF) and operating risk (OEOI) had a
negative and significant effect on bank performance, while liquidity risk (FDR) and risk of
management (NPM) had a positive and significant effect on bank performance. Meanwhile,
capital risk (CAR) had no significant effect on bank performance.
Keywords: financing risk, capital risk, operating risk, liquidity risk, management risk
36
The Influence of Quality Work Life and Job Satisfaction Toward Organizational
Commitment Through Employee Engagement
Zulfikar Muhammad Hasan

Trias Setiawati
Corresponding author e-mail: trias.setiawati@uii.ac.id
Abstract
This study was conducted to investigate the influence of quality of work life and job satisfaction
toward organizational commitment through employee engagement. A survey was conducted in
RSUP dr. Soeradji Tirtonegoro in Klaten, Jawa Tengah. The population was 1,215 people chosen
using proportional random sampling. The data were analyzed using multiple linear regression
and path analysis. The results show that there is a significant influence from the quality of work
life, job satisfaction and employee engagement toward organizational commitment as well as
also the quality of work life and job satisfaction toward employee engagement. Also, the direct
effect from quality of work life and job satisfaction on organizational commitment and employee
engagement is bigger than the indirect one.
Keyword: Organizational commitment, quality of work life, job satisfaction, employee

engagement
The Influence of Internal Control Systems, Government Accounting Standards, The Role
of The Internal Auditors and The Completion of Audit Findings to Good Government
Governance (Empirical Study on The Inspectorate Office And BPK in West Nusa
Tenggara)
Sukma Listari
Universitas Mataram
E-mail: sukmaamuji@yahoo.co.id
Absract
This research aims to analyze and examine the hypotheses on the influence the government's
internal control system, government accounting standards, the role of internal auditors, and the
completion of audit findings to Good Government Governance. The respondents in this study
were the internal auditors of the inspectorate office at the provincial / city / regency government
in West Nusa Tenggara and BPK Auditors (Representative of NTB). The samples were selected
using purposive sampling method. The data were collected through questionnaires on 150
respondents. The data were analyzed using Partial Least Square (PLS) with the help of SmartPLS
3.0 program. The result of this study indicates that government accounting standards, the role of
internal auditors, and the completion of audit findings positively and significantly influence to
Good Government Governance.
Keywords: government internal control system, government accounting standard, internal

auditor role, audit findings, good governance, institutional theory
37
Effects of Independence, Competence, And Motivation on Audit Quality with Audit

Ethics as The Moderating Variable
Muhammad Faizal
Reni Yendrawati
Corresponding author e-mail: reni@uii.ac.id
Abstract
This study aims to determine the influence of independence, competence and motivation on
audit quality with audit ethics as a moderation variable. Factors tested in this study were auditor
independence, auditor competence, auditor motivation, audit ethics and audit quality. The
population in this study was public accounting firms located in Yogyakarta. This study used
convenience sampling, a technique of sample selection based on the number of person in public
accounting firms. The data used in this study were primary data collected by distributing
questionnaires to auditors in the public accounting firms. The method of analysis was multiple
linear regressions. The result of this study indicates that there is a significant positive influence of
independence, competence and motivation on audit quality and there is a significant positive
influence of audit ethics that moderates independence and competence on audit quality.
However, audit ethic interaction with motivation has no significant effect on audit quality.
Keywords: independence, competence, motivation, audit ethics, audit quality
The Effect of Green Brand on Green Purchase Intention of Tupperware Products in

Yogyakarta
Asmai Ishak
Ahmad Miftah Baiquni
Corresponding author e-mail: asmai.ishak@uii.ac.id
Abstract
The aims of this study are to examine the relationship among Green Brand Positioning (GBP),
Green Brand Knowledge (GBK), Attitude toward Green Brand (AGB), and Green Purchase
Intention (GPI). This hypotheses testing study involved the total samples of 315, selected using
convenient sampling technique. The data were collected through questionnaire. Structural
Equation Modeling with Listrel 8.80 program was employed to analyze the hypotheses. The
results show that all of the hypotheses developed in this study are supported by the data. In other
words, GBP positively influences GBK and AGB. At the same time GBK positively affects AGB,
and AGB influence GPI positively. These results indicate that if green corporations want to
increase their consumers’ purchase intention, they should develop marketing strategies and
programs that enhance their brand position and the consumer knowledge regarding the
importance and benefit of green product which in turn increase a positive attitude of the
consumers toward the brand. The limitations of study are: most of the respondents were women
at young ages; the study only involved one brand as the object; and the respondents involved in
this study were those who had ever used the products/brand without considering the belonging
of the products. These aspects restrict the generalization of the research findings.
Keywords: attitude toward green brand, green brand knowledge, green brand positioning,
green purchase intention
38
Factors Influencing Taxpayers’ Obedience with Taxpayers’

Awareness as the Mediating Variable
Yuni Nustini
Nadhila Ghassani
Univeritas Islam Indonesia
Corresponding author e-mail: 903120102@uii.ac.id
Abstract
This study aims to investigate the influence of taxpayers’ awareness, service quality, taxation
knowledge, and tax sanctions toward taxpayers’ obedience, with taxpayers’ awareness as the
mediating variable. Questionnaire was distributed in the area of KPP (Tax Service Office)
Pratama West Mataram. This study involved 150 individual taxpayers in Mataram who were
chosen randomly. The data were analyzed using double linear regression analysis and t-test and
processed using SPSS for Windows. The result of this study shows that taxation knowledge and
tax sanctions influence taxpayers’ obedience either directly or with the mediation of taxpayers’
awareness; however, fiscus service quality influences taxpayers’ obedience only if it is mediated
by taxpayers’ awareness.
Keywords: service quality, taxpayers’ awareness, taxation knowledge, tax sanctions, taxpayers’
obedience
Internal and External Factors Influencing The Compliance of Vehicle Tax Payers with
Tax Official Service as The Moderation Variable
Ira Rostanti
Herlina Rahmawati Dewi
Corresponding author e-mail: herlina.rd@uii.ac.id
Abstract
This study aims to examine the influence of internal factors involving the educational level and
awareness level of the taxpayers and external factors involving taxation socialization and tax
sanction on the compliance of vehicle taxpayers moderated by the quality of tax official service.
This study implemented purposive sampling by distributing questionnaires to vehicle taxpayers
registered in Kantor Bersama Samsat DIY (One–stop Administration Services Office of Special
Region of Yogyakarta). The data were analyzed using double linear regression analysis and
moderated regression analysis. The result of study has shown that the educational level,
taxpayers’ awareness, taxation socialization, and vehicle tax sanction have a positive impact on
the compliance level of vehicle taxpayers. The tax official service quality as the moderating
variable has strengthened the relation between education level, taxpayer’s awareness and the
compliance of vehicle taxpayers. Tax official service as the moderating variable has weakened
the relation between taxation socialization and the compliance of vehicle taxpayers. Meanwhile,
the impact of moderating variable on the relation between vehicle tax sanction and the
compliance of vehicle taxpayers is not yet proven.
Keywords: attribution theory, theory of planned behavior, tax official service quality,
compliance of tax payers
39
The Impact of Transactional Leadership and Organizational Commitment on

Employee Performance (A Case Study of Employees
In Regional Public Hospital Dr. Rehatta Jepara)
Hasman Budiadi
E-mail: budiadi1968@gmail.com
Abstract
The aim of this study is to examine and analyze transactional leadership style and organizational
commitment on employee performance. The population in this study was all employees of
Regional Public Hospital dr. REHATTA with proportional random sampling as the sampling
technique with 55 employees as the respondents. The statistical data were analyzed using
Multiple Regression with SPSS version 16.0. The result of the study shows that there is an impact
of transactional leadership and organizational commitment on employee performance.
Keywords: transactional leadership, organizational commitment, and employee performance
The Role of Job Satisfaction in Moderating The Impact of Role Stressor on

Organizational Commitment
Suhartini
Hendrawan Selo Aji
Corresponding author e-mail: suhartini@uii.ac.id
Abstract
Employee commitment to a company is important to enable the company's survival. One of the
determinants of the high level of commitment is job satisfaction. This study aims to determine
the role of job satisfaction in moderating the impact of role stressor (role conflict, role ambiguity,
role overload) on organizational commitment. The samples of this study were 100 employees of
Marketing Department in New Armada Body Assembling Industry, Magelang. The samples were
selected using convenient sampling method. The data were collected using questionnaires and
analyzed using path analysis. The results show that: role conflict and role overload influence are
partially, negatively and significantly correlated with job satisfaction; role ambiguity has a
negative but not significant effect on job satisfaction; the role of stressor has a negative and
significant effect on organizational commitment, either partially or simultaneously; job
satisfaction positively and significantly influence organizational commitment; and indirect
influence (influence of role stressor to organizational commitment through job satisfaction) is
greater than direct influence (influence of role stressor to organizational commitment). The result
of this study can be a reference for the company to increase employee commitment; the
company must increase job satisfaction and reduce the role of stressor to employees. This can be
done by assigning appropriate values and norms to employees, clarifying goals and work
procedures, as well as providing workload according to the ability of employees, both
qualitatively and quantitatively.
Keywords: role stressor, conflict, ambiguity, overload, satisfaction, commitment
40
Effect of CSR Disclosure and Company Characteristics on The Reputation of Banking

Companies Registered in IDX in the Period of 2013-2015
(Case Study of University of Mataram)
Silvia Puspaningrum
E-mail: likl4lu@gmail.com
Abstract
This study aims to examine the effect of CSR disclosure and corporate characteristics on Banking
Company Reputation. The samples were chosen using purposive sampling method. The data
were obtained from the existing banking companies in BEI year 2013-2015 and processed using
PLS. The results of this study indicate that the disclosure of corporate social responsibility and
corporate characteristics positively affect the company's reputation.
Keywords: CSR, corporate characteristics, corporate reputation
Analysis of Trust Factor in Product Recommendation in Online Shopping toward

Purchasing Intention
Budi Astuti
Abhita Melati Putri
Corresponding author e-mail: budiastutish@gmail.com
Abstract
This study aims to discover the effect of trust in product recommendation from other people in a
website toward product purchasing intention through website. The population in this study was
respondents who had completed transaction in Tokopedia.com throughout Indonesia. The total
samples were 155 people, chosen using purposive sample through online survey. The result of
Structural Equation Model shows that: 1) there is a positive and significant effect of trust in a
website variable toward the purchasing intention through website; 2) there is a positive and
significant effect of purchasing intention toward product purchasing intention through a website;
3) there is a positive and significant effect of trust in product recommendation toward product
purchasing intention; 4) there is no positive and significant effect of perceived ability toward
trust in product recommendation; 5) there is a positive yet insignificant effect of perceived
benevolence toward trust in product recommendation; 6) there is no positive and significant
effect of perceived critical mass toward trust in product recommendation; 7) there is a positive
and significant effect of website reputation toward trust in a website; 8) there is a positive yet
insignificant effect of perceived safety toward trust in a website; 9) there is a positive and
significant effect of perceived safety guarantee toward trust in website; and 10) there is a
positive yet insignificant effect of trust in website toward trust in product recommendation.
Keywords: trust, recommendation, purchasing intention
41
Herding on Shariah Stocks on the Indonesian Stock Exchange
Farchan Nabil Charisna Zakie

Abdur Rafik
Corresponding author e-mail: abdurrafik@uii.ac.id
Abstract
This study aims to test the herding phenomenon on the Indonesia Stock Exchange. The test is
conducted on two categories of investors, foreign and local investors that buy or sell the shariah-
compliance stocks on Jakarta Islamic Index (JII) over the spans of 2011-2016. Using the record of
buying and selling transactions, the herding is measured using LSV methods and tested using a
standard t-test to prove the existence of herding and independent t-test to test the differences of
herding behaviors between the foreign and domestic investors. The results confirm the existence
of herding, either for the foreign or domestic investors, in which the foreigner more herd than
the domestic investors. This finding seems to indicate the appearance of asymmetrical
information between these both investors.
Keywords: domestic investor, foreign investor, herding, herding behavior in Indonesia, Jakarta
Islamic index, LSV methods
Study on The Intention of Customers for Switching Brands
Ratri Dwi Putriana

Albari
Corresponding author e-mail: albari@uii.ac.id
Abstract
In the midst of increasingly fierce business competition today, the service factor along with the
completeness of services provided by a company becomes very important. In providing these
services, a company also needs to look at business movements of its competitors so that the
company remains more attractive as the main choice of customers than its competitors. It should
also be able to prevent its customers from looking for new variations or brand switching.
Therefore, this study intends to reveal the possibility of price influence, competitors'
attractiveness, consumer dissatisfaction, brand switching costs, and the seeking for variations on
brand switching intention. In addition, the objects of this study were cellular service provider
products in Sleman District. The samples of this study were chosen using purposive sampling
technique, including 96 cellular phone provider users in Sleman District who had switched into
new cell phone providers. The data were collected using questionnaire with validity and
reliability testing conducted before the data analysis and problem solving. The data were
analyzed using descriptive approach and regression analysis test procedure. The results show that
competitor attractiveness, consumer dissatisfaction, and variation seeking variables had a
significant effect on customer intention to switch brands, with variation seeking variable as the
dominant factor contributing to the intention to switch brands. Price variable and switching costs
have no significant effect on the intention to switch brands.
Keywords: price, competitors' appeal, consumer dissatisfaction, switching cost, and variation
seeking
42
Comparison Analysis of Imported Coffee of Malaysia

From Indonesia and Vietnam, 2000-2014
Eko Atmadji
Yosra Hersegoviva Suhardiman
Abstract
Malaysia is an important coffee export destination for Indonesia. Recently Vietnam shifts Indonesian
position as a number one coffee importer in Malaysia. Based on this background, this study compares
the position of Indonesian and Vietnamese coffee in the eyes of Malaysians by using demand
function. The data is time series and cointegration test should be applied. Cointegration test is using
ARDL method. Indonesian coffee demand by Malaysians is cointegrated, whereas the demand for
Vietnamese coffee by Malaysia does not contain cointegration. It means, Vietnam coffee is not a
serious competitor to Indonesian coffee in Malaysian market.
Keywords: coffee trade, import demand, ARDL
Effective Retirement Planning: Exploring Financial Planning Behavior in Malaysia

Chong Wei Ying
Leow Hon Wei
Fatemeh Kimiyaghalam
SEGi University
Corresponding author e-mail: leowhonwei@segi.edu.my
Abstract
This paper examines how people treat the importance of financial planning for their retirement.
There is lack of standard instrument that enables us to access the retirement planning behavior.
This paper studies the reliability and validity of a proposed scale for accessing this behavior. The
Retirement Planning Behavior scale (RPB) is developed from the results of reviewing different
papers on this topic. A total of 900 Malaysians from the age of 18 and above participated in this
study. Our results show that the RPB meets all criteria from the instrument reliability and validity
based on the theory of planned behavior. Second, our findings propose two components for this
RPB scale; attitude toward planning for retirement and intention towards retirement planning
behavior. An effective retirement planning achieves financial independence after the retirement.
Our findings have important implications for the scope and significance of the retirement
planning behavior measurement, especially for retirees. This study proposes a new approach to
cater consumers’ needs for retirement planning. Therefore, consumers can achieve financial
independence in their retirement age.
Keywords: retirement planning behavior (RPB) scale, reliability, validity, retirement planning,
financial independence
43
Switching Behavior on the Use of Technology In Transportation Industry: Comparison

Between Telephone Call And Application Supported Booking
Vinni Endemina Samber

Anjar Priyono
Abstract
This study aims to analyse customers’ satisfaction on the use of telephone call booking when
ordering taxi service. Purposive random sampling was used to select respondents of this research.
Participants of this study were customers who have used both telephone calls and booking
applications. Questionnaires were distributed to potential respondents and resulted in 177 final
samples. Collected data was analysed with structural equation modeling. Empirical evidences
demonstrated that all proposed hypothesis were confirmed except hypothesis predicting the
influence of searching cost on customer satisfaction. At the end of the paper, limitation of the
study and future research suggestion is presented.
Keywords: technology acceptance, switching customers, searching cost
Effectiveness Financial Planning: A Study of Comprehensive Retirement Planning for

Financial Independence

Chong Wei Ying
Leow Hon Wei
SEGi University
Corresponding author e-mail: stanleyypl@segi.edu.my
Abstract
In Malaysia, an effective financial planning is vital to accumulate wealth and financial
independence. However, retirees are required to resume working due to insufficient pension fund.
This study examines how the financial decision in retirement planning is being made based on the
net worth from the household. This study used financial data from a married working couple with
children to evaluate their composition of financial position. Numerous financial methods were
made pertaining to net worth analysis, insurance needs analysis, investment portfolio rebalancing,
estate planning, education planning and retirement planning to enhance the financial decision. Our
results show that financial planning is essential to achieve financial independence. In addition,
insurance needs, education and retirement funding are the most significant for household.
Moreover, current resources are critical to maintain family lifestyle after retirement, emergency
funds for critical illness, and the long term children education funding. Referring to the findings,
sufficient net worth is a priority in financial planning. Different suggestions for household include
reduction of unnecessary expenses, re-allocation of cash flow, adequate insurance coverage and re-
balancing of investment portfolios to accumulate wealth. It is a challenge to obtain financial
independence, hence, there is a need to increase the literature on financial planning. To the best of
our knowledge, this is the important study that uses financial information from household to
provide solutions to enhance the efficiency of financial planning industry.
Keywords: net worth, financial planning, wealth and financial independence, retirement planni
44
The Effect of Budget Participation on Managerial Performance

at Hotel Industry in Yogyakarta
Wiwid Aprilianingrum P.
Fitriati Akmila
Corresponding author e-mail: fitriati@uii.ac.id
Abstract
Budget is a systematic plan consists of activities and states in monetary unit. This study aimed to
analyze the impact of organization culture, leadership styles, organizational commitment and
working motivation on budget participation on managerial performance. Total 70 respondents
consisting of mid-level managers who work at five-star hotel in Sleman, Yogyakarta were taken
for research sample. The structural model testing with Partial Least Square (PLS) is used for
analyses. The results show that budget participation has positive impact on managerial
performance. Moreover, budget participation and managerial performance can be improved with
leadership style, organizational commitment and working motivation. However, organizational
culture weakens the relationship of budget participation with managerial performance.
Keywords: budget participation, managerial performance, hotel
The Impact of Financial Literacy to the Retirement Planning on Malaysian Household

Patrick Kee Peng Kong
Cheok Mui Yee
Leow Hon Wei
SEGi University
Corresponding author e-mail: cheokmuiyee@segi.edu.my
Abstract
This study examines the comprehensive household retirement planning based on the level of
financial literacy in Malaysia. Sufficient financial literacy is essential to make financial decision
on Malaysian household retirement planning. Numerous measurements consisting of present
value of total retirement fund needed, future value of the expenses, and inflation-adjusted
interest rate were used in this study. Therefore, we could identify the retirement gap that needs
to be considered immediately. Our results show that adequate financial literacy is vital to achieve
long term household retirement planning. In addition, there is no retirement gap where the future
value of the existing financial assets is greater than the lump sum needed during the retirement
phase. Financial assets should be prepared in early age to accumulate substantial funding to
support household retirement life. The outcomes benefit to retirees and working adults. It
highlights the importance of financial literacy to retirement planning. It is also a milestone for
Malaysia to be a developed country if Malaysians has sufficient retirement funding. There is
currently lack of in-depth research on financial literacy related to household retirement planning.
Further, this study also focuses on financial literacy as a means to assist those in funding
retirement resources in order to fulfill the retirement gap.
Keywords: financial literacy, retirement planning, retirement resources, retirement gap,
malaysian household
45
The Analysis of Potential Creative Industry For People

With Disabilities In D.I. Yogyakarta
Sahabudin Sidiq
Heri Sudarsono
Sarastri Mumpuni
Andika Ridha Ayu Perdana
Corresponding author e-mail: sahabuddin.sidiq@uii.ac.id
Abstract
This study aims to determine the potential of creative industries for people with disabilities in DI
Yogyakarta. By gathering data such as small and medium industries (IKM), creative industries,
documents, interviews, and using qualitative description approach as a method of analysis, this
research finds at least five important results. The first result is people with deaf-mute condition
and physical disability can work on all types of creative industries, but for mental disability as
well as mental-physical disability, they can only work on certain types of industry. Second, craft
industry is the most widely sector for people with disabilities to earn more income. Third, Bantul
and Gunungkidul provide many jobs opportunities on creative industries compared to other
districts. This research also finds, as the fourth result that the potential of disability people to
work on creative industries decreases from 2014 to 2015 except for Yogyakarta City. Last one,
job opportunity for people with disabilities may potentially be increased by expanding the type
of business in D.I. Yogyakarta.
Keywords: creative industry, people with disabilities, yogyakarta
The Influence of Customer Attitude, Brand Familiarity, Brand Awareness, and Brand
Extension Towars Brand Image (Study Case Using Pepsodent In Yogyakarta)
Yazid
Helmidhia Kawiryan
Abstract
One of the most discussed issues in marketing is brand, and brand image is one thing that the
marketing managers should willingly allocate various resources to achieve. It is one of the most
important equity that most likely ascertains several aspects such as: the financial benefit with not
as much risk and reduces marketing efforts (Mirzai et.al., 2016), and the future of an
organization (Keller, 1993). According to Kotler (2005, p. 250) “brand is the company’s promise
to deliver a specific set of features, benefits, services, and experiences consistently to the
buyers.” It implicitly means that to developing positive brand image, marketing managers should
understand some factors that may possibly influence the image (Farquhar & Herr, 1992, Aaker,
1991, and Keller and Sood, 2003). Therefore the aim of this research is to determine ‘the
influence of customer attitude, brand familiarity, brand awareness, and brand extension toward
brand image’. The object of the research is Pepsodent (a very famous tooth paste brand in
indonesia), and people live in Yogyakarta (one of big cities in Inonesia) and recognize and use
the product as their mouth care are chosen as the population and the sample of the study.
46
Purposive sampling method is used to get the data, and then multiple linear regression analysis
with SPSS version 21 is deployed. The results of the study show a positive and significant effect
of customer attitude, brand familiarity, brand awareness, and brand extension toward brand
image, and the most significant influence toward brand image is brand familiarity. The
implication of the findings is discussed.
Keywords: customer attitude, brand familiarity, brand awareness, brand extension, and brand
image
Capacity Building Entrepreneurial Development and Change Through Sustainable

Business Strategy
Boge Triatmanto
Universitas Merdeka Malang
E-mail: boge.triatmanto@unmer.ac.id
Abstract
Development of small and micro entrepreneurs in Indonesia is still hampered by many problems,
but the capital has always been the reason. In fact the phenomenon in the field did not prove so,
education, entrepreneurship motivation, competition, protection of business, empowerment
becomes a problem that needs a touch in the development of entrepreneurship. Research aimed
to develop a sustainable manner where micro and small businesses by increasing A capacity
entrepreneurs through empowerment and changes in business strategy. Besides this research is
based on the results of the research article Dajani (2013) concerning the empowerment of
migrant women entrepreneurs in the Middle East. Recommendations on these results is that
further explore the impact of the presence of entrepreneurs to the economic development of
society as a whole. The analysis was performed by combining quantitative descriptive statistical
analysis to strengthen the results of descriptive analysis, using frequency analysis to determine
the response of respondents to the questionnaire that spread on 110 respondents. The results
showed that there are still many small businesses that need protection, especially in the form of
associations. The results of quantitative analysis showed that the empowerment of small and
micro businesses are not significant in influencing the entrepreneurial capacity building, but the
preferred business strategy in enhancing the entrepreneurial capacity. So for small and micro
businesses needed a sustainable business strategy that still exist by increasing the capacity of the
perpetrator's ability in entrepreneurship.
Keywords: SMEs, empowerment, capacity development, business strategy
47

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2nd International Conference on Accounting, Business &

Global Collaboration to Enhance Competitiveness:

Message from the Dean

With 4 doctoral, 11 master, 4 professional, 24 undergraduate and 4 vocational programs, UII is

Welcome to UII ICABE 2017 and enjoy your time in Yogyakarta!

Dean of Faculty of Economics,

Dr. D. AgusHarjito, M.Si

Wassalamu’alaikum, Wr, Wb.

Chair of the Conference,

Ayu Chairina Laksmi, SE, MAppCom, MRes, PhD, Ak, CA

Ayu Chairina Laksmi., S.E., M.App.Com.,M.Res., Ph.D., Ak., CA

D. Agus Harjito, Dr., M.Si., CFP®

Hadri Kusuma, Prof., Dr., MBA

Business and Management

Zaenal Arifin, Dr., M.Si.

Akhsyim Afandi, Drs., M.A., Ph.D.

Dr. Halim Alamsyah, S.E., S.H., M.A.

Prof. Madya Dr. BanyAriffin Amin Noordin

Deputy Dean, Faculty Economics and Management

DrBanyAriffin Amin Noordin is an Associate Professor and Deputy Dean at Faculty of

Message from the Dean......................................................................................................................v

Upgrading Vietnam’s Apparel Industry - Case Study Methodology.............................................. 10

Switching Behavior on the Use of Technology In Transportation Industry: Comparison

Aspiring Professional Accountants to Compete In the ASEAN

Keywords: aspiring professional accountant, competencies, readiness

Analysis of Internal and External Factors in Application of Village Law

Keywords: village readiness, implementation of village law

The Role of Entrepreneurship Education on Entrepreneurial Intentions:

Keywords: entrepreneurship education, theory of planned behavior, entrepreneurial intention.

The Influence of Job Satisfaction and Work Motivation on Performance with

Keywords: work motivation, job satisfaction, employee performance, organizational commitment

Co-Creation Value Model Based on Co-Synergy Value

Keywords: Customer participation, Corporate Values, Collaboration Values, Co-Creation,

Determinants Of Implementation Of Performance-Based Budgeting In The Provincial

Keywords: leadership style, organizational commitment, quality of human resources, reward,

Aslam Izah Selamat

Determinants Of Banking Efficiency In Asean 5 Countries

Keyword: ABIF; Banking Efficiency; Financial Ratios

The Meaning of Credit Disbursement by Savings and Loan Cooperative

Keywords: Credit, Cooperative, Phenomenology’s Study

Analysis Of Ratio Profitability, Leverage, Dividend Policy,

Aulia Febrina Risia

Perspective of Islamic Work Ethic in Supporting Employees

Muhammad Ridwan Basalamah

Keywords : Islamic Work Ethic, Employess Performance, Islamic College

The Moderating Effects of Workplace Spirituality on the Relationship between

Keywords: Organizational cynicism, job performance, workplace spirituality

Determinants Transparency And Accountability Financial Management of Village

Keywords: Human resources, Information technology, Public participation, financial

Dividend Policy And Impact Of Firm’s Life Cycle: Evidence

Effect of Implemantation, Effectivity and Ability of

Keywords: Accounting Information Sistem (AIS), Implemantation, Effectivity, Ability,

The Effect of Brand Image and Quality of Services toward Customer

Keywords : Brand Image, Perceived Quality, Customer Satisfaction, Services

The Impact of Remittances on Investment in Developing Countries:

Time-varying Continuous and Jump Betas : Implications for Portfolio Diversification

Upgrading Vietnam’s Apparel Industry - Case Study Methodology

Corporate Governance, Accounting Information Quality

Keywords : Corporate governance, accounting quality, cost of equity capital

Analysis of Flypaper Effect on the District and Municipality

Fitri Yani Panggabean

Muhammad Bukhori Dalimunthe