Article Per Year (5 Year)
p-Index From 2019 - 2024
0.961
P-Index
This Author published in this journals
All Journal JURNAL ECONOMIA Economic Journal of Emerging Markets Journal of Economics, Business, & Accountancy Ventura Journal of Indonesian Economy and Business Akuntabel : Jurnal Ekonomi dan Keuangan Jurnal Akuntansi The Indonesian Journal of Accounting Research Jurnal Riset Akuntansi dan Keuangan Jurnal Riset Manajemen dan Bisnis Journal of International Conference Proceedings Jurnal Ilmiah MEA (Manajemen, Ekonomi, dan Akuntansi)
Baldric Siregar
Unknown Affiliation
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Social Sciences Other

Published : 19 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 19 Documents
Search

 1   2 
EKSPROPRIASI MELALUI UTANG DALAM STRUKTUR KEPEMILIKAN ULTIMAT Siregar, M.B.A., Ak., Dr. Baldric
Journal of Indonesian Economy and Business Vol 23, No 4 (2008): October
Publisher : Journal of Indonesian Economy and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study addresses ultimate ownership issue and investigates its implications on leverage. By using sample consists of firms listed in the Jakarta Stock Exchange for the period from 2000 to 2004, this study shows that the publicly traded firm ultimate ownership is concentrated in the hands of controlling shareholders. Ownership concentration can be divided into those of cash flow rights and control rights. Those two concentrations do not go together but have different implications. The controlling shareholders enhance their control domination through pyramid structures and crossholdings among firms. Control flow rights consequently exceed cash flow rights. The cash flow right concentration is a financial incentive to avoid expropriation. This conclusion is support by evidence of negative effects of cash flow rights on leverage. On the other hand, control right concentration is an incentive to generate private benefits through expropriation. This conclusion is support by evidence of positive effects of control rights on leverage. When control and cash flow rights are separated, the controlling shareholders have higher incentive to expropriation by participating in management. This is so because of higher negative effect of cash flow right leverage on leverage.Keywords: cash flow rights, control rights, cash flow right leverage, pyramiding, cross-holding,
Analisis Korelasi Kanonikal Komponen Aktiva dan Pasiva Siregar, M.B.A., Ak., Drs. Baldric
Journal of Indonesian Economy and Business Vol 21, No 1 (2006): January
Publisher : Journal of Indonesian Economy and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The independence of asset and liability composition is obvious in Modigliani andMiller’s capital structure proposition. While, independence of investing and financingdecisions is a very useful assumption to simplify corporate financial decisions, the actualbalance sheets of corporations do not reveal independence between the two sides of thebalance sheet. The purposes of this paper are to empirically identify relationship betweenthe structures of left side and right side of balance sheet and to explain the nature of theserelationships by using canonical correlation analysis. Canonical correlation analysis showsthat firms match the maturity structure of their assets and liabilities, short-term (long-term)assets tend to be financed with short-term (long-term) liabilities, accounts receivable areused as collateral for short-term loan, and fixed assets are use as collateral for long-termloan.Keywords: asset composition, liability composition, hedging, collateral, financing, canonical variate, canonical loading, canonical correlation, canonical root, redundancy index.
PENGARUH KARAKTERISTIK PEMERINTAHAN TERHADAP AUDIT DELAY LAPORAN KEUANGAN PEMERINTAH DAERAH Siregar, Baldric
Jurnal Riset Akuntansi dan Keuangan Vol 11, No 2 (2015): Jurnal Riset Akuntansi dan Keuangan
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrak.2015.112.10

Abstract

Financial statements that were not provided on time may cause those report loses their capacity toinfluence decisions. This study aimed to examine the effects of local government characteristics onaudit delay of government financial reports of Yogyakarta Special Region and Central Java. Thisstudy uses 40 districs and cities as the study sample. Data were obtained from the Supreme AuditAgency and the Central Bureau of Statistics. The dependent variable of this research is audit delay.While the independent variables include the size of government, the value of the budget, and leverage.Multiple regression analysis was used to test the hypothesis. The test results showed that the size ofgovernment and the level of leverage negatively affect audit delay. Budgets value does notsignificantly affect audit delay.Keywords: audit delay, financial report, governmental size, budget value, and leverage
KECENDERUNGAN PENERIMAAN OPINI AUDIT GOING CONCERN: STUDI EMPIRIS DI BURSA EFEK INDONESIA Siregar, Baldric; Rahman, Abdul
Jurnal Riset Akuntansi dan Keuangan Vol 8, No 2 (2012): Jurnal Riset Akuntansi dan Keuangan
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrak.2012.82.21

Abstract

This research provides the investigation over the acceptance of going concern audit opinion  which can be performed by observing the company’s internal condition such as the audit  quality, company’s financial condition, audit opinion prior year, company growth, company  size, and debt to equity ratio. Samples are obtained by purposive sampling method and 185 observation data from 2006 - 2010 at manufacturing companies listed at Indonesia Stock Exchange. The logistic regression used to examine the factors that are predicted to affect the probability of acceptance of going concern audit opinion. The result of this research is that audit opinion prior year, company growth, and debt to equity ratio are significantly affect the probability of acceptance of going concern audit opinion. On the other hand audit quality, company’s financial condition, and company size do not significantly acceptance of going concern audit opinion.Keywords: audit quality, financial condition, growth, going concern, going concern opinion
The evaluation of the implementation of regional autonomy in Indonesia Rudy Badrudin; Baldric Siregar
Economic Journal of Emerging Markets Volume 7 Issue 1, 2015
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol7.iss1.art1

Abstract

The implementation of regional autonomy has been running nearly 15 years. In fact, the purpose of regional autonomy for improving the welfare has not been fully achieved. This study aims to evaluate the implementation of regional autonomy in improving the welfare by using capital expenditure and growth as an intervening variable. We use the data of 461 counties and cities, the period of 2006-2013, Partial Least Square for testing hypotheses. Empirical evidence shows that decentralization significantly effect on capital, growth, and welfare. Capital has a significant effect on growth but does not has a significant effect on welfare. Growth has a significant effect on welfare.
How Do Governments Spend Their Public Spending? Munhamik Luthfia; Baldric Siregar
Jurnal Economia Vol 12, No 2: October 2016
Publisher : Faculty of Economics Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (642.294 KB) | DOI: 10.21831/economia.v12i2.11297

Abstract

Abstract: How Do Governments Spend Their Public Spending? The objectives of this study are to examine whether the local expenditure for education, health, and economic influence economic welfare, and whether population influences the relationship between them. This study used the sample of all province in Indonesia 2008-2013, except Kalimantan Utara Province. The method used in this study is multiple regression methods. The result of this study states that education expenditure had a significant positive effect, health expenditure had not significant negative effect, while economic expenditure had a significant negative effect on the welfare. Population as the moderating variable cannot moderate the relationship between that expenditure with the welfare.Keywords: education expenditure, health expenditure, economic expenditure, population, and welfare.Abstrak: Bagaimana Pemerintah Mengalokasikan Pengeluaran Publiknya? Tujuan penelitian ini adalah untuk menguji apakah belanja daerah untuk belanja pendidikan, kesehatan, dan ekonomi mempengaruhi kesejahteraan, dan apakah populasi mempengaruhi hubungan antara ketiga belanja tersebut dengan kesejahteraan. Penelitian ini menggunakan sampel seluruh provinsi di Indonesia tahun 2008-2013, kecuali Provinsi Kalimantan Utara. Metode yang digunakan adalah metode regresi berganda. Hasil penelitian menunjukkan bahwa belanja pendidikan memiliki pengaruh positif, belanja kesehatan memiliki pengaruh negatif tidak signifikan, dan belanja ekonomi memiliki pengaruh negatif signifikan terhadap kesejahteraan. Populasi sebagai variable moderasi tidak mampu memoderasi hubungan antara ketiga belanja tersebut dengan kesejahteraan.Kunci: belanja pendidikan, belanja kesehatan, belanja ekonomi, populasi penduduk, dan kesejahteraan masyarakat.
Determinants of budget forecast errors and their impacts on budget effectiveness: evidence from Indonesia Baldric Siregar; Lilis Susanti
Journal of Economics, Business, & Accountancy Ventura Vol 21, No 3 (2018): December 2018 - March 2019
Publisher : STIE Perbanas Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v21i3.1468

Abstract

This research attempts to identify the determinants of budget forecast errors and explore the impact of the errors on the budget effectiveness. This study differs from the earlier studies such as including covering 90% of districts and cities, other studies on budget forecast error have not addressed how financial and governmental characteristics effect budget forecast error, and using a structural model to test the factors effecting budget forecast error and their impacts on budget effectiveness. The data are derived from Central Bureau of Statistics and local government website. It used the data of 444 local government for the period of 2006 to 2013, and analyzed them using a partial least square for testing the hypotheses. The results show that the significant factors affecting budget forecast errors are revenue growth, expenditure growth, and government complexity. The higher the revenue growth the greater the likelihood of budget forecast errors. Likewise, the greater the spending growth, the greater the budget forecast errors. The empirical evidence also suggests that budget forecast errors are bad for the economy. The implications of this findings are that local government must be more careful in projecting a growing income and expenditure budget, coordinate well so that work units can develop accurate budgets, and carry out a better monitoring function for all the main stages of budgeting.
EKSPROPRIASI MELALUI UTANG DALAM STRUKTUR KEPEMILIKAN ULTIMAT Dr. Baldric Siregar, M.B.A., Ak.
Journal of Indonesian Economy and Business (JIEB) Vol 23, No 4 (2008): October
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (203.533 KB) | DOI: 10.22146/jieb.6315

Abstract

This study addresses ultimate ownership issue and investigates its implications on leverage. By using sample consists of firms listed in the Jakarta Stock Exchange for the period from 2000 to 2004, this study shows that the publicly traded firm ultimate ownership is concentrated in the hands of controlling shareholders. Ownership concentration can be divided into those of cash flow rights and control rights. Those two concentrations do not go together but have different implications. The controlling shareholders enhance their control domination through pyramid structures and crossholdings among firms. Control flow rights consequently exceed cash flow rights. The cash flow right concentration is a financial incentive to avoid expropriation. This conclusion is support by evidence of negative effects of cash flow rights on leverage. On the other hand, control right concentration is an incentive to generate private benefits through expropriation. This conclusion is support by evidence of positive effects of control rights on leverage. When control and cash flow rights are separated, the controlling shareholders have higher incentive to expropriation by participating in management. This is so because of higher negative effect of cash flow right leverage on leverage.
ANALISIS KORELASI KANONIKAL KOMPONEN AKTIVA DAN PASIVA Baldric Siregar
Journal of Indonesian Economy and Business (JIEB) Vol 21, No 1 (2006): January
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (272.565 KB) | DOI: 10.22146/jieb.6497

Abstract

The independence of asset and liability composition is obvious in Modigliani andMiller’s capital structure proposition. While, independence of investing and financingdecisions is a very useful assumption to simplify corporate financial decisions, the actualbalance sheets of corporations do not reveal independence between the two sides of thebalance sheet. The purposes of this paper are to empirically identify relationship betweenthe structures of left side and right side of balance sheet and to explain the nature of theserelationships by using canonical correlation analysis. Canonical correlation analysis showsthat firms match the maturity structure of their assets and liabilities, short-term (long-term)assets tend to be financed with short-term (long-term) liabilities, accounts receivable areused as collateral for short-term loan, and fixed assets are use as collateral for long-termloan.
Urgensi Penilaian Kesehatan Bank dan Tax Avoidance pada Kinerja Keuangan Perbankan Syariah Wahyu Tri Susilowati; Baldric Siregar
Jurnal Akuntansi Vol. 14 No. 1 (2022): Vol 14 No 1 (2022)
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28932/jam.v14i1.4477

Abstract

This study aims to examine the urgency of assessing bank soundness and tax avoidance on the financial performance of Islamic banks in Indonesia. This study uses Commercial Islamic Banks registered with the Financial Services Authority (OJK) which releases financial statements for the 2015-2020 period with a total of 72 data. This study uses multiple linear regression analysis techniques. The sampling technique used in this research is purposive sampling. The results of this study prove that the financing to deposit ratio (FDR) and operating costs of operating income (BOPO) have a negative effect on the financial performance of Islamic banks, while tax avoidance has a positive influence on the financial performance of Islamic banks. The hope is that Islamic banks can earn high profits if they succeed in carrying out efficiency in various fields. In addition, Islamic banks are also considered to be able to manage the costs they incur properly because they can generate high profitability. This study provides empirical data related to the analysis of the effect of bank health and tax avoidance by using multiple linear regression analysis approach. In addition, the research data used are general Islamic banks, the latest data is during 2015-2020. The research sample used is general Islamic bank data that has been registered with the Financial Services Authority (OJK). Keywords:  Financial Performance, Financing to Deposit Ratio (FDR), Operating Costs of Operating Income (BOPO), and Tax Avoidance  
Co-Authors Abdul Rahman David Prasetya Devita Tiara Kusuma Dody Hapsoro Lilis Susanti Miftahul Huda Apriyadi Munhamik Luthfia Mutiara Indah Lestari Niken Betari Muslimah Nurna Pratiwi Rudy Badrudin Salsabila Az-Zahra Wahyu Tri Susilowati Wahyu Tri Susilowati