cover
Contact Name
Prof. Dr. Majdi Anwar Quttainah
Contact Email
editor.ijafap@aibpm.org
Phone
+62341-566222
Journal Mail Official
editor.ijafap@aibpm.org
Editorial Address
Kuwait University Jamal Abdul Nasser St, Kuwait Email: majdi.managingeditor@aibpm.org
Location
Kota malang,
Jawa timur
INDONESIA
International Journal of Accounting & Finance in Asia Pasific (IJAFAP)
ISSN : 26849763     EISSN : 26556502     DOI : https://doi.org/10.32535/ijafap.v3i3.945
Core Subject : Economy, Science,
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) is an academic and peer-reviewed publication on Accounting & Finance scope which is published from Indonesia. The aims of the IJAFAP is to feature narrative, theoretical and empirically-based research articles that relevant to accounting and finance. IJAFAP publish any theoretical, conceptual, and empirical articles dealing with issues in all areas of finance and accounting. The Journal is particularly interested in original articles that deal with current issue in financial decision making and their impact on valuation. Articles with an international/global perspective are especially welcome.
Articles 58 Documents
Stock Price and Performance of Indonesian Banking, Case Study for The Period of 2013-2016 Wibowo, Cornelius Candra Adi; Sukoco, Agus; Wulandari, Ani; Bhukuth, Augendra
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 1, No 1 (2018): International Journal of Accounting & Finance
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v1i1.113

Abstract

The purpose of this study is to analyze the effect of Return On Assets, Return On Equity and Earning Per Share to stock prices of Banking Companies listed in Indonesia Stock Exchange (IDX) during 2013-2016. This study analyzes the profitability ratios of financial statements of banking companies and their impact on stock prices. Method, The population of this research is Banking Companies listed in IDX during 2013-2016. Samples used are as many as 10 Banking companies with purposive sampling technique to determine the sample based on certain criteria. The analytical technique used is Multiple Regression Analysis. The data is financial statements downloaded from Indonesia Stock Exchange website and tested with SPSS 18 application. Result, Result of this study is that the performance of Indonesian banking is influenced by Return On Asset (ROA), Return On Equity (ROE), which have a significant influence on Stock Price, however Earning Per Share (EPS) has no significant effect on Stock Price. The findings of this study are banking companies that go public in Indonesia, their Stock Price is determined by the value of ROA and ROE and this will assist to provide useful information to other researchers, investors and banking companies
Key Success Factors of Organizational Success: A Study of MULA Car International Ashraff, Muhammad; Kee, Daisy Mui Hung; A/P Subramaniam, Roshini; Hazimah, Nur; Syafiqah, Nur Aina
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 3, No 2 (2020): International Journal of Accounting & Finance in Asia Pasific (IJAFAP) June 2020
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v3i2.834

Abstract

This study is conducted to examine how does MULA Car International deal with organizational behavioural issues in the company to meet the objectives and goal of their e-hailing service business. MULA is an e-hailing business that uses “Internet Plus Transportation” model in the traffic service market. The study began with gathering information about obstacles and barriers that challenge MULA while operating towards their goal. In the study, it shows that employees are the main drivers for their success and development in the industry. We identified that MULA has come up with many impressive initiatives not only to attract more customers but also to satisfy their employees so that organizational commitment is developed. The purpose of this study is also to examine how MULA faces challenges in the company and use it as factors to develop the business and to remain competitive in the e-hailing industry.
The Effect of Work Conflict on Employee Performance in the Capital Investment and Integrated Service Service (PTSP) of Gorontalo District Asi, Lisda L.
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 2, No 1 (2019): International Journal of Accounting & Finance in Asia Pasific (IJAFAP)
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v2i1.363

Abstract

The success of an organization both large and small is not solely determined by the available natural resources, but is also determined by the quality of good human resources that are useful for planning, implementing, controlling, and evaluating the relevant organization both profit oriented organizations or nonprofit oriented. Speaking of how to control the organization itself, one part that has the task of controlling the organization is the Human Resource Development section which is directly supervised by the leader or manager in the company or organization, therefore understanding of matters relating to management human resources specifically regarding the relationship between employers and employees and employees with superiors need attention. Furthermore, the Human Resource Development (HRD) must also be able to evaluate the performance of its subordinates. As long as employees work in an organization, it is very important to carry out evaluations on a regular or continuous basis, so that leaders can find out about the obstacles and obstacles of employees in implementing his duty. One of the problems that makes employee performance decline is conflict, whether it's a conflict between relationships with other employees and conflict with their work. As we all know that the organization itself consists of several interest groups that have different interests but with the same goal. This is a factor that must be considered by managers because the presence of several groups in an organization that has different interests certainly can lead to conflict. In order to minimize any conflicts that will occur, managers must be able to evaluate the performance of their subordinates so that conflict can be identified as to make the performance of their subordinates decrease. Conflict can be defined as: A process of social interaction where 2 (two) or more people, or two groups or more, are different or conflicting in terms of their opinions or goals (Cumming in Rifandi, 2017, about the Effect of Conflict on Employee Performance at the Public Works Service Southeast Sulawesi Province). Newtonner argues that organizational conflict includes disagreements regarding the allocation of scarce resources or disputes regarding goals, status, values, perceptions, or personality. Mullins (in Rifandi, 2017, about the Effect of Conflict on Employee Performance at the Sulawesi Provincial Public Works Service Southeast) means that conflict is a condition of the occurrence of objective incompatibility and the emergence of various behavioral conflicts, both those in individuals, groups, and in an agency. Furthermore, Harold (in Rifandi, 2017, on the Effect of Conflict on Employee Performance at the Public Works Office of Southeast Sulawesi Province) states, when people in an organization collaborate on work, conflicts or disputes may arise. Conflict according to Alabaness (2008) means that conflict as a condition that is perceived to exist between parties or more feel there is a mismatch between goals and opportunities to interfere with the efforts to achieve the goals of other parties. If this conflict is not managed properly, it certainly will greatly affect the performance of employees in the organization. Own performance according to Simanjuntak (2015) is the level of achievement of results for the implementation of certain tasks. In addition, performance is the level of achievement or work results of a person from the goals to be achieved or tasks that must be carried out in a certain period of time. The conflict, as described above, is something that every company must feel. In a government agency also, conflicts can be felt by all levels of employees. This happened to the Gorontalo District One-Stop Integrated Investment and Service Office (PTSP) where there was a perceived work conflict, namely a conflict that occurred between individuals in the office. Gorontalo Regency Investment and Integrated One-Stop Service is one of the government agencies that has the main task of coordinating and carrying out administrative services in the licensing sector in an integrated manner with the principles of coordination, integration, synchronization, security and certainty in accordance with the regulation of Gorontalo Regent Number 53 Year 2016 concerning the position, organizational structure, duties and functions, work procedures of Gorontalo District Investment Services and One-Stop Services. In this service there were 33 employees distributed in several fields, namely the secretariat as many as 11 employees, investment fields as many as 6 employees, licensing services as many as 8 employees, and the field of supervision and advocacy as many as 7 employees. Based on the results of direct observation in the Gorontalo Regency Investment and Integrated Services One Door Service, the phenomenon is that the quality of performance decreases due to lack of work accuracy so in terms of building permit (IMB), business disturbance permit (SIGU), and business permit Trading (SIUP) still has a number of errors both in terms of writing names, addresses, and signatures which of course makes the applicant wait for a long time, of course this is due to a discrepancy between the employee's department and the employee's position in the office. In terms of expertise that includes cooperation and communication is also good between the fields of investment and the secretariat field, there is still lack of coordination in terms of taking the number of outgoing letters, there are employees who are involved in communication issues which lead to arguments, of course this impact on collaboration in the organization that is. In addition, in terms of behavior that includes honesty, responsibility, and discipline, there are also one to two employees who sometimes in the case of filling in the hours of entry are not in accordance with the hours the employee comes to the office, then there are employees who are not in the office during working hours, and there are one to two employees who arrive late for the ceremonies, of course this makes employees not disciplined and feel responsible for what is their duty. Based on these data, a leader must certainly be able to understand what are the obstacles and problems of the employee and how to overcome them so that conflicts in the organization can be managed properly and the performance can also run according to what has been planned. Departing from this background, the researchers wished to discuss more about the performance in the organization, especially in the Gorontalo District One-Stop Service and Investment Services (PTSP). The researcher saw that in the Dinas the things that were of concern were conflicts that had occurred between employees so that it had an impact on employee performance. Therefore, the researcher chose the title: "The Effect of Work Conflict on Employee Performance in the Capital Investment and Integrated Service Service (PTSP) of Gorontalo District".
Identification of Key Variables in the Existence of Prima Dana Mandiri Cooperatives Through the Application of the MICMAC Method Pramesti, I Gusti Ayu Asri; Putra, Gde Bagus Brahma
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 3, No 1 (2020): International Journal of Accounting & Finance in Asia Pasific (IJAFAP) February
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v3i1.728

Abstract

Cooperatives are the cornerstone of the national economy based on family principles. The development of cooperatives in Bali has good potential in the future. Prima Dana Mandiri Multipurpose Cooperative is one of the cooperatives in Badung Regency and is undergoing experience development. The results of the Focus Group Discussion were analyzed using the Matrix of Cross Impact Multiplications Applied to aClassification (MICMAC) Software. Several key variables play a role in the existence of Prima Dana Mandiri Multi-Business Cooperative
Preparation of Financial Statements Based on Financial Accounting Standards for Micro, Small and Medium Entities Ardila, Isna; Zurriah, Rezki; Suryani, Yani
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 2, No 3 (2019): International Journal of Accounting & Finance in Asia Pasific (IJAFAP)
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v2i3.584

Abstract

This research aims to produce a financial report of micro Small and medium enterprises (MSMES) based financial accounting standards of Micro small entity (SAK EMKM). This objective is based on existing conditions where SMES activities are running without relying on the information of financial statements that are arranged in an orderly and orderly manner based on standards. This type of research is qualitative research. This research uses primary and secondary data types. The sample used in this study was the SMES of the TELKOM Community Development Center Partnership and Community Development Program Unit for a similar food industry sector. The results showed that the financial statements were prepared through the stages of recording financial transactions and summarizing. Financial statements based on SAK EMKM compiled consist of statements of financial position, income statement, and notes to financial statements.
The Effect of Free Cash Flow (FCF) On Agency Cost and Financial Performance in Financial Sector Companies Registered in Indonesia Stock Exchange (BEI) 2015-2016 Purnawarman, Agung; Handayati, Puji; Firmansyah, Rizky
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 3, No 3 (2020): International Journal of Accounting & Finance in Asia Pasific (IJAFAP) October 2
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v3i3.954

Abstract

The company not only aims to seek profit, but also to maximize the prosperity of its shareholders by maximizing the value of the company. Within the company, there are three people who have different interests, namely, company owners, shareholders and managers. When the company generates free cash flow, there will be differences in the interests of the parties who make the work contract and create a conflict that will cause the company to pay costs, which is called agency cost. The result of this difference in interest can also affect the company's financial performance, because the company's finances are not going well. The purpose of this study was to determine the effect of free cash flow (FCF) on agency cost and financial performance in financial sector companies listed on the IDX in 2015-2016. The type of research used in the research is Explanatory Research, with a population of 83 companies listed on the Indonesian stock exchange in the financial sector in 2015-2016. The sampling technique used the purposive sampling method as many as 61 companies listed on the Stock Exchange in the financial sector 2015-2016. The analytical tool used in this study is a simple regression test. Based on the results of the analysis, it is found that free cash flow (FCF) has a positive and significant effect on agency cost in financial sector companies listed on the IDX 2015-2016 of 33.7% and free cash flow (FCF) has a positive and significant effect on performance. finance by 34.0%.
The Examining of Transformational and Transactional Leadership on Banking Employee Performance at North Sulawesi Province, Indonesia Tawas, Yance
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 2, No 1 (2019): International Journal of Accounting & Finance in Asia Pasific (IJAFAP)
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v2i1.365

Abstract

Transformational and transactional leadership style is an activity that influences people to working together in order to achieve the organization goals. Leadership can occur anywhere, provided that someone shows his ability to influence the behavior of others towards achieving a certain goal. Transformational leadership as a leader who has the power to influence subordinates in certain ways. The intent of transformational and transactional leadership is to encourage employee performance in the Banking business in North Sulawesi, Indonesia. The object of the study was Bank BRI, BNI and SulutGo, which have branches throughout the North Sulawesi region. The number of respondents was 205 employees. The collected data were then analysed by using a variant-based structural equation model or Partially Least Square (PLS-SEM). The data analysis results provide empirical evidence that a transformational leadership style, particularly in the individual consideration and individual inspirational dimensions, positively impacts employee performance. However, other dimensions, namely, intellectual stimulation and inspirational motivation, do not significantly encourage activities related to performance. Moreover, transactional leadership on the contingent reward dimension does not significantly impact knowledge sharing, in other word only transformational leadership individual consideration and individual inspiration were positively significant effect on encourage banking business industry employee performance at North Sulawesi, Indonesia. Keywords: employee performance, transformational leadership, banking company,
Integrity Issue on Grab Drivers' Fraud Phenomenon Yuniar, Gita; Handayati, Puji; Putri, Sheila Febriani
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 3, No 2 (2020): International Journal of Accounting & Finance in Asia Pasific (IJAFAP) June 2020
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v3i2.839

Abstract

Recent development of technology undeniably and rapidly goes into orbit. Internet technology turns out to be a media to simplify anyone's work. Along with its developments and the service industry revolutions, a new breakthrough has emerged, namely smartphone app-based ride-hailing services. This eliminates the problems existing in conventional services, such as the difficulty of finding rates, uncertain rates and passenger safety guarantee. This study aims to describe the fraud committed by the Grab drivers and its impact for the drivers and Grab, and how to overcome it. This study uses qualitative research with a phenomenological approach. The object of this research is Grab drivers in Malang. The data used are primary and secondary data obtained through interviews, Application screenshots, and news items. The results of this study indicate that there are some frauds committed by Grab drivers such as (1) fictitious orders, (2) account sales, (3) account leases. To anticipate it, Grab has initiated a program namely "Grab Lawan Opik". One of Grabs internal controls is the selfie verification used to reduce account sales and leases.
The Influence of Product Attribute and Reference Group Towards Customer Value of Moslem’s Wear Kerawang Handycraft In Gorontalo Province Ahmad, Muchtar
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 2, No 1 (2019): International Journal of Accounting & Finance in Asia Pasific (IJAFAP)
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v2i1.358

Abstract

This aims of the: (1) The customers responses toward the product attribute of value the Moslem wears of kerawang handycraft in Gorontalo province, (2), The influence of the refence group to toward the customers value of kerawang handycraft Moslem’s wear in Gorontalo Province, (3), The influence of the products attribute and reference group toward the customers value of the kerawang handycraft of moslem’s in Gorontalo province, in a partial or in simultaneous. The research has tested the hypothesis of attribute influence products and reference group towards customer value kerawang handycraft moslem’s wear in Gorontalo province, in a partial or in simultaneous. The research used explanatory survey. The study examined 86 customers of kerawang handycraft moslem’s wear. The sampling method was used the random sampling technique. The result of the study was analyzed by using the path analysis, statistic hypothesisis tested by F test and t test. The result of the research shows that kerawang handycraft especially moslem’s wear, product attribute and the reference group partial is as ways or in simultaneously influenced the customers value of in Gorontalo Province. Keywords: Product Attribute, Reference Group and Customer Value
The Effects of Profitabilitas and Activity Ratio Toward Firms Value With Stock Price as Intervening Variables Gunadi, I Gusti Ngurah Bagus; Putra, I Gede Cahyadi; Yuliastuti, Ida Ayu Nyoman
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 3, No 1 (2020): International Journal of Accounting & Finance in Asia Pasific (IJAFAP) February
Publisher : International Journal of Accounting & Finance in Asia Pasific (IJAFAP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v3i1.736

Abstract

The purpose of this paper is to discuss the effect profitability ratios and activities on firms’ value with stock prices as intervening variable. The study was conducted for 10 years on 39 property, real estate and building construction companies listed on the Indonesia Stock Exchange. The results showed profitability and activity had a positive effect on stock prices, but did not affect the value of the company. Stock prices are able to mediate the effect of profitability and activity on firm value. The research implications show that the higher profitability and activity ratios cause stock prices to rise and result in an increase in the value of the company.