Volume 2, Nomor 1, Maret 2013
ISSN:2089-6581
JURNAL REKSA Rekayasa Keuangan, Syariah, dan Audit Ketua Penyunting: Dewi Amalia, S.E., M.Si. Dewan Penyunting: Alia Ariesanti, S.E., M.Si., Ak. Arif Sapto Yuniarto, S.E., M.Sc., Ak. Beni Suhendra Winarso, S.E., M.Si. Khusnul Hidayah, S.E., S.Ag., M.Si. Rohmad Yuliantoro, S.E., M.Sc. Sartini, S.E., Msacc., Ak. Sumaryanto, S.E., M.Si., Ak. Penyunting Pelaksana Kurniawan Ali, S.E., M.Si., Ak. Moch. Imron, S.E., M.Si. Indah Kurniawati, S.E., M.Si. Sekretaris dan Administrasi Ulinnuha Yudiansa P. S.E., M.Acc., Ak. Desain Layout Adhitya Rechandy C.S. Sirkulasi Rizkiana Iskandar PENERBIT Prodi Akuntansi Fakultas Ekonomi Universitas Ahmad Dahlan Jl. Kapas No. 9, Semaki Yogyakarta 55166 Telp. (0274) 563515, 511830 ext. 1245 Fax (0274) 564604 E-mail :
[email protected]
JURNAL REKSA Rekayasa Keuangan, Syariah, dan Audit VOLUME 2, NOMOR 1, MARET 2013
ISSN: 2089-6581
DAFTAR ISI Moderasi Partisipasi Masyarakat dan Transparansi Kebijakan Publik dalam Pengaruh Pengetahuan Anggota DPRD tentang Anggaran terhadap Pengawasan Keuangan Daerah Candra Winata dan Dewi Amalia............................................................................. 1 Pengaruh Pertumbuhan Earning per Share, Dividen per Share, Return on Investment, dan Return on Equity terhadap Return Saham pada Perusahaan yang Terdaftar di LQ 45 Amir Hidayatulloh dan Beni Suhendra Winarso..................................................... 23 Pengaruh Implementasi Prinsip-prinsip Good Corporate Governance terhadap Kinerja Manajerial pada Bank Pembangunan Daerah Daerah Istimewa Yogyakarta Nur Hidayah dan Alia Ariesanti............................................................................... 42 Pengaruh Skill, Pengetahuan, dan Karakteristik terhadap Minat Mahasiswa Akuntansi untuk Menempuh Pendidikan Profesi Akuntansi Tika Ratnawati dan Sumaryanto............................................................................. 52 Analisis Perbandingan Praktik Akuntansi Transaksi Mudharabah dan Musyarakah dengan PSAK No. 105 dan 106 di BMT Dana Insani Fadhilah Puji Widarusamsi dan Khusnul Hidayah................................................... 68 Pengaruh Corporate Social Responsibility dan Good Corporate Governance terhadap Nilai Perusahaan dengan Ukuran Perusahaan sebagai Variabel Pemoderasi, Studi Kasus pada Perusahaan Manufaktur yang Terdaftar di BEI Dewi Winarti dan Moch Imron................................................................................. 84
MODERASI PARTISIPASI MASYARAKAT DAN TRANSPARANSI KEBIJAKAN PUBLIK DALAM PENGARUH PENGETAHUAN ANGGOTA DPRD TENTANG ANGGARAN TERHADAP PENGAWASAN KEUANGAN DAERAH Candra Winata Dewi Amalia ABSTRACT A change in the characteristics of the traditional budget to budget performance requires legislators to understand the changes. This causes the function of members of parlement to be very important in the process of preparation, approval, and oversight the budget. Independent variable are knowledge of local legislators about the budget. Dependent variable is local financial control. Moderating variable are public participation and public policy transparancy.Respondents in this study are legislative assembly at regency and city of Bima, Nusa Tenggara Barat Province. The data was collected by the survey. Data analysis techniques using simple linear regression and using moderated regression analysis. The result of this study indicated that first, knowledge of the legislators about the budget have effect to the local financial control. Second, public participation able to moderate the effect of participation in knowledge of legislators about the budget to the local financial control. Third, the transparency of public policy able to moderate the effect of knowledge of legislators about the budget to the local financial control. Keywords: Knowledge of local legislators about the budget, local financial control, public participation, and public policy transparancy. PENDAHULUAN Undang-Undang Nomor 22 Tahun 1999 tentang Pemerintah Daerah pada prinsipnya,
mengatur
penyelenggaraan
pemerintah
daerah
yang
lebih
mengutamakan pelaksanaan asas desentralisasi. Undang-Undang tersebut membuat adanya perubahan yang signifikan mengenai hubungan legislatif dan eksekutif di daerah karena kedua lembaga tersebut memiliki kekuatan yang sama dan bersifat sejajar menjadi mitra. Pasal 14 ayat (1) dinyatakan bahwa di daerah dibentuk DPRD sebagai Badan Legislatif Daerah dan Pemerintah Daerah sebagai Badan Eksekutif Daerah. Pemerintah Daerah yang dimaksud adalah Kepala Daerah beserta perangkat daerah lainnya. Dampak lain yang muncul dengan adanya otonomi daerah adalah tuntutan terhadap pemerintah dalam menciptakan good governance sebagai prasyarat dengan mengedepankan akuntabilitas dan transparansi. 1
PENGARUH PERTUMBUHAN EARNING PER SHARE, DIVIDEN PER SHARE, RETURN ON INVESTMENT DAN RETURN ON EQUITY TERHADAP RETURN SAHAM PADA PERUSAHAAN YANG TERDAFTAR DI LQ 45 Amir Hidayatulloh Beni Suhendra Winarso ABSTRACT The objective of this research is to find out the effect of the growth of earning per share, deviden per share, return on investment and return on equity of stock return on registered companies in the LQ 45. The populations of this research are companies in Indonesian Stock Exchange. The sampling technique in this research uses by purposive sampling with the available data in 2005 – 2006, registered in the LQ-45 period 2006 – 2010 respectively, announced a profit and distributing dividends in a row, so that the sample used amounted to 15 companies. The statistical method used is multiple regresion to test a classical assumtion first. T statistical test show that the growth of Earning Per Share effect on stock return H+3, growth Dividend Per Share effect on stock return in the H-5 and H+4, growth of Return On Investment effect on stock return in return H+1, whereas Return On Equity effect on stock return H+3 Keywords: Earning Per Share, Dividen Per Share, Return On Investment, Return On Equity, Stock Return PENDAHULUAN Pasar Modal adalah tempat terjadinya transaksi aset keuangan jangka panjang atau long-term financial asset. Jenis surat berharga yang diperjual belikan di pasar modal memiliki jatuh tempo lebih dari 1 tahun dan bentuk secara umum adalah obligasi, saham preferen dan saham biasa (Sartono, 1997: 11). Menurut undangundang no. 8 tahun 1995 menjelaskan bahwa pasar modal berkaitan dengan yang namanya bursa efek. Definisi dari bursa efek itu sendiri adalah pihak yang menyelenggarakan dan menyediakan sistem dan atau sarana untuk mempertemukan penawaran jual dan beli efek pihak lain dengan tujuan memperdagangkan efek diantara mereka, yang memiliki fungsi menciptakan pasar secara terus-menerus bagi efek yang telah ditawarkan kepada masyarakat, menciptakan harga wajar bagi efek yang bersangkutan melalui mekanisme pasar, membantu pemenuhan dana
23
PENGARUH IMPLEMENTASI PRINSIP-PRINSIP GOOD CORPORATE GOVERNANCE TERHADAP KINERJA MANAJERIAL PADA BANK PEMBANGUNAN DAERAH DAERAH ISTIMEWA YOGYAKARTA Nur Hidayah Alia Ariesanti ABSTRACT Implementation of good corporate governance in banks is expected to eliminate mismanagement, forming a system of checks and balances that guarantee effective and all-powerful corporation in line with improving corporate performance through the creation process of making better decisions, improve operational efficiency and further improve services to stakeholders. The study was conducted to provide empirical evidence of the influence of the implementation of good corporate governance on managerial performance in Yogyakarta BPD Bank. Research object is the middle and lower level managers in the Regional Development Bank (BPD) Special Region of Yogyakarta. The data used are the primary data from respondents' answers, the manager at the Bank BPD DIY. This study uses multiple linear regression analysis. The results showed that: (1) Transparency affect managerial performance. (2) Accountability affect managerial performance. (3) Responsibility affect managerial performance. (4) independency affect managerial performance. (5) Fairness does not affect managerial performance. Keywords:
Good Corporate Governance (Transparency, Accountability, Responsibility, Inpendency, Fairness), Managerial Performance
PENDAHULUAN Penerapan good corporate governance (GCG) sangat dibutuhkan dalam bisnis perbankan. Kinerja suatu bank sangat erat hubungannya dengan peran dan fungsi manajemen dari bank tersebut dalam pengelolaan bank. Penerapan GCG di dalam perbankan diharapkan dapat berpengaruh terhadap kinerja perbankan, dikarenakan penerapan corporate governance ini dapat meningkatkan kinerja keuangan dan mengurangi risiko akibat tindakan pengelolaan yang cenderung menguntungkan diri sendiri. Seiring dengan tuntutan penerapan GCG pada sektor perbankan, maka pada tahun 2006 Bank Indonesia menggagas peraturan yang secara khusus mengatur mengenai ketentuan pelaksanaan GCG di Bank Umum. Peraturan yang dimaksud adalah Peraturan Bank Indonesia Nomor 8/4/PBI/2006 tanggal 30 Januari 2006 tentang Pelaksanaan GCG bagi Bank Umum yang kembali disempurnakan melalui 42
PENGARUH SKILL, PENGETAHUAN, DAN KARAKTERISTIK TERHADAP MINAT MAHASISWA AKUNTANSI UNTUK MENEMPUH PENDIDIKAN PROFESI AKUNTANSI Tika Ratnawati Sumaryanto ABSTRACT Professional education is organized additional education after studying Strata one with intent to obtain a degree accountant, which aims to produce graduates who master the skill of the accounting profession and provide professional accounting competence. The main causes of accounting graduate students want to go to the Accounting Profession (PPAK) due to the various motivations they have. The purpose of this research is to investigate the influence of skills, knowledge, and characteristics of students interest in accounting for the accounting profession was educated at the University of Ahmad Dahlan Yogyakarta. Samples taken in this study using purposive sampling of students majoring in accounting semester V and VII, which already took a course auditing. The sample in this study 137 respondents Ahmad Dahlan University students. Variable are of interest to accounting students studying accountancy profession, skill, knowledge, and characteristics. Analysis using multiple regression analysis technique. Results of multiple regression analysis shows the level of the coefficient of determination (adjusted R2) of 0.050. This is the high percentage of variable skill, knowledge, and characteristics in explaining the variables of interest to accounting students studying accountancy profession at 5% and the remaining 95% is explained by variables or other factors outside the study. Based on the regression F test to prove that there skiil influence, knowledge, and characteristics significantly to the interest of students studying accounting for the accounting profession is shown by the F probability value α (0.05), whereas only characteristics affect student interest in accounting for studying the accounting profession is shown by the probability value t> α (0.05). Keywords: Skill, Knowledge, Characteristics, Accounting Profession, accountancy student interest to study the accounting profession PENDAHULUAN Pendidikan dalam kehidupan suatu negara memegang peranan sangat penting untuk menjamin kelangsungan hidup negara dan bangsa. Pendidikan merupakan wahana untuk meningkatkan dan mengembangkan kualitas sumber daya manusia. Menurut Undang-Undang Nomor 20 Tahun 2003 tentang Sistem Pendidikan 52
ANALISIS PERBANDINGAN PRAKTIK AKUNTANSI TRANSAKSI MUDHARABAH DAN MUSYARAKAH DENGAN PSAK NO 105 DAN 106 DI BMT DANA INSANI Fadhilah Puji Widarusamsi Khusnul Hidayah ABSTRACT Islamic Bank or that is widely knew as sharia Bank has been growth significantly in Indonesia. However, it has not been distributed to all society. Then the existing of BMT is able to reach the middle lower society. The accounting standard that based on the sharia principles is the key system on the bank or the sharia principles is the key system on the bank or the sharia finance institution. The application of PSAK sharia has been the obligatory in this institution due to the significant growth of this finance industry. PSAK related to mudharabah and musyarakah is defined in PSAK No.105 regarding musyarakah accounting. The research objective of this research was to examine the accounting treatment over the mudharabah and musyarakah transaction on the BMT Dana Insani, to compare the differences of the concordance between mudharabah accounting transaction treatment on the BMT with the provision of PSAK No.105 and to compare the difference of the concordance between musyarakah accounting treatment on the BMT with the provision of PSAK No.106. Mudharabah and musyarakah would be proxy by including recognition, measurement, disclosure and presentation. The object of the research was BMT Dana Insani. Meanwhile the data being applied were the primary data and secondary data. The data collecting technique were interview and documentation. The analysis data method were carried out with the qualitative descriptive then being analyzed applying the comparative data, that is by comparing between the mudharabah and musyarakah transaction treatment on BMT Dana Insani with the provision of PSAK. The result of the research can be concluded that the application of the mudharabah and musyarakah accounting transaction treatment on the BMT Dana Insani, generally, has been in conformity with the PSAK No.105 regarding to the recognition, measurement, disclosure, and presentation. However, there were some transaction that the recording has not been confirmed with the provision of PSAK No.105 and 106. Keywords : Mudharabah, musyarakah, PSAK 105, PSAK 106. PENDAHULUAN Menurut Undang-Undang Nomor 21 Tahun 2008 disebutkan bahwa Bank Syariah adalah Bank yang menjalankan kegiatan usahanya berdasarkan prinsip syariah. Namun tidak semua lapisan dapat dijangkau oleh bank syariah, keberadaan BMT mampu menjangkau masyarakat menengah kebawah, Hal ini yang menyebabkan lahirnya BMT di Indonesia. BMT atau Baitul maal wattamwil terdiri 68
PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL PEMODERASI Studi Kasus pada Perusahaan Manufaktur yang Terdaftar di BEI Dewi Winarti Moch Imron ABSTRACT Corporate social responsibility is mechanism for a company voluntarily integrated concern for the environment and society. Disclosure of corporate social responsibility has a tendency to influence influential to enhance shareholder value. With the increased value of the company, then investors will be attracted to invest on companies that care a bout the social environment. The growing public awareness of the social environment requires employers not ignore the interests of the social environment around the company. Good corporate governance is a major problem in the management of the administration of the company, the management company that leads the company to more accountable and transparent in every policy of and the result in gactions. Study aims to determine the effect of corporate social responsibility and corporate governance on firm valueto firm size as a moderating variable. There search sample in this study is a manufacturing company listed on the Stock Exchange in the year 2009 – 2012 by using purposive sampling. There are 56 companies that meet the criteria of the study sample. The analysis techniques in this study using multiple linear regression analysis and linear regression analysis testing the interaction (moderated regression analysis / MRA). The results of this study indicate that the disclosure and corporate governance and corporate social responsibility have no effect on firm value. While the size of the company is not able to moderate the influence of corporate social responsibilty disclosure and corporate governance on firm value. So the conclusion all the hypothesis in this study was rejected. Keywords: Corporate social responsibility, Good corporate governance, firm value PENDAHULUAN Corporate social responsibility (CSR) merupakan suatu bentuk kepedulian perusahaan terhadap lingkungan dan sosial masyarakat. Kegiatan CSR di Indonesia sudah ada yang menerapkan dan ada yang belum menerapkannya. Ramadhan (2010) dalam penelitiannya mengungkapkan bahwa dalam era yang modern seperti sekarang masih menjumpai perusahaan Indonesia yang telah memandang CSR sebagai beyond compliance (diluar kepatuhan), diantaranya PT. Djarum, PT. Unilever (Lifeboy, Pepsodent, dll), PT. Danone (Aqua). Sebagai 84