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THE INFLUENCE OF CORPORATE GOVERNANCE PRACTICE TOWARDS CREDIT AND BOND YIELDS Rinaningsih, Rinaningsih
Journal of Indonesian Economy and Business Vol 24, No 2 (2009): May
Publisher : Journal of Indonesian Economy and Business

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Abstract

The purpose of this study is to investigate whether there is a relationship between corporate governance practices and credit risk and bond yields. This study takes samplefrom companies that published bonds in 2006.First, we investigate the relationship between corporate governance practices and credit risk. Credit risk (default risk) can be measured by bond ratings (Billings, 1999).Using ordered probit regressions, we find evidence that the quality of transparency and financial information disclosure that proxied by big-4 auditors and audit committee havesignificant influence on bond ratings, but the relationship between block holders and institutional ownership is not significant on bond ratings. Second, we investigate the relationship between corporate governance practice and bond yields. Using multiple regressions, we find that corporate governance practices is not significant on bond yields. Then we put bond ratings in the equation, we find that bond ratings give incremental effect to the evidence. This evidence is consistent to Bradley et.al, (2007), that bond ratings are the prominent determinant for bond yields. Together with the bond ratings, the corporate governance practices (block holders, institutional ownership, big-4 auditors) have significant influence on bond yields.Keywords: bond ratings, bond yields, corporate governance, credit risk, default risk
IMPLEMENTASI MODEL PERKULIAHAN TERPADU SOROGAN-BANDONGAN UNTUK MENENTUKAN PEMAHAMAN MAHASISWA DALAM MEMPELAJARI MEKANISME REAKSI Rinaningsih, Rinaningsih
Jurnal Pengajaran Matematika dan Ilmu Pengetahuan Alam Vol 19, No 2 (2014): Jurnal Pengajaran MIPA
Publisher : Faculty of Mathematics and Science Education, Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18269/jpmipa.v19i2.469

Abstract

Penelitian ini merupakan penerapan model perkuliahan terpadu Sorogan-Bandongan pada materi mekanisme reaksi substitusi nukleofilik. Penelitian ini bertujuan untuk menentukan materi yang perlu ditekankan dalam perkuliahan. Sampel adalah 31 mahasiswa Jurusan Kimia UNESA yang mengambil mata kuliah Kimia Organik I semester genap Tahun Ajaran 2013/2014. Langkah penelitian terdiri atas menugaskan mahasiswa membaca dan mengerjakan pertanyaan handout sebelum perkuliahan, tes diagnostik, pembahasan materi, pelaksanaan sorogan, bandongan, dan tes akhir. Data penelitian dianalisis menggunakan pendekatan mixed methods. Data kualitatif menunjukkan bahwa 25 mahasiswa membaca handout sebelum perkuliahan, 21 mahasiswa berpendapat lebih mudah memahami perkuliahan setelah membaca handout, dua mahasiswa menyatakan memahami 25% isi handout, 13 mahasiswa memahami 50%, dan 10 mahasiswa memahami 75%. Hasil tes diagnostik menunjukkan bahwa 15% mahasiswa kesulitan memahami pengertian reaksi substitusi, 19% nukleofilisitas, 90% asam-basa Lewis, 23% konfigurasi elektron, 13% pengisian orbital, 23% hibridisasi, 55% penentuan struktur Lewis, 65% elektronegatifitas, 48%  SN2, dan 83% SN1. Lima puluh enam persen (56%) mahasiswa kesulitan membedakan mekanisme reaksi SN1 dan SN2. Data kuantitatif menunjukkan korelasi antara handout, tes diagnostik, dan tes akhir adalah sebesar 0,511. Implementasi model terpadu Sorogan–Bandongan dapat meningkatkan efektifitas perkuliahan.Kata kunci: Model Sorogan-Bandongan, tes diagnostik, mekanisme reaksi.
STRATEGI DIVERSIFIKASI TERHADAP PERFORMA PERUSAHAAN DENGAN EFEKTIVITAS KOMITE AUDIT SEBAGAI VARIABEL PEMODERASI Adhimukti, Andyan; Rinaningsih, Rinaningsih; Yuliati, Retno
Akuntansi Krida Wacana VOL. 18 NO. 1A JANUARI-JUNI 2018
Publisher : Akuntansi Krida Wacana

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Abstract

This study aims to investigate the influence of industrial and geographical diversification strategy on company performance. In addition, this study also aims to analyze how audit committees using proxies by ASEAN CG Scorecard will be moderating the relationship between diversification strategies on company performance. The study uses sample of 64 Indonesian manufacturing companies in 2011 to 2016 with a total observation of 378 firm-years. The result shows that both industrial and geographical diversification strategy is not significant to company performance. After the effectiveness of the audit committee moderating on industrial diversification strategies, this study shows that an effective audit committee has no effect on performance But when the the effectiveness of the audit committee moderating on geographic diversification variables, the results of the research show significant negative impact.Keywords : industrial diversification, geographic diversification, audit committee, performance, ASEAN CG Scorecard
HUBUNGAN KESULITAN KEUANGAN DENGAN MANAJEMEN LABA PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2010-2016 Feldo, Ferix; Rinaningsih, Rinaningsih; Yuliati, Retno
EQUITY: Jurnal Ekonomi, Manajemen, Akuntansi Vol 21, No 2 (2018): EQUITY
Publisher : Fakultas Ekonomi dan Bisnis UPN "Veteran" Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (491.231 KB) | DOI: 10.34209/equ.v21i2.640

Abstract

This research aims to know how the relationship between financial distress as measured by manajemen laba using Discretionary value Accruals (DA). This research use quantitative approach and the population used is the all of company listed in the Indonesian Stock Exchange period 20102016. Research conducted using multiple linear regression. The result of the research indicate (1) there is a negative significant relationship between financial distress in distress1 category characterized by a negative net income during the current year with warnings management. (2) there is no significant relationship between financial distress in distress2 category characterized by negative working capital during the current year with manajemen laba, (3) there is on relationship between financial distress in distress3 category characterized by negative net income and working capital during the current year withmanajemen laba. 
OPTIMASI PELARUT PENGEMBANG DALAM PEMISAHAN BENZIL ASETAT DARI EKSTRAK BUNGA TANAMAN MELATI Rinaningsih, Rinaningsih
Sains & Matematika Vol 1, No 1 (2012): Oktober, Sains & Matematika
Publisher : Sains & Matematika

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Abstract

Jasmine plant flower (Jasminum sambac) have a range of benefits. The compounds of these plants which are useful for medicine are benzyl acetate, acetic acid and indole linalil. The objective of this research was to identify the best developer solvent. Solvents used to identify the developer who is benzene, chloroform, benzene - chloroform (1:1), benzene - ethyl acetate (19:1). Based on the amount of stain on TLC chromatograms and spectral similarity as determined by TLC - Densitometer brand Simatsu type CS - 930, the most appropriate developer solvent to identify the benzyl acetate from the extract of jasmine is chloroform (CHCl3). This is partly because the price matches or see imminent standard polarity of benzyl acetate with chloroform as a developer solvent is better than another developer solvents and mixed solvents other developers. [Index polarity of benzyl acetate = 4.3, benzene = 0, chloroform = 4.4, benzene-chloroform (1:1) = 2.2, benzene - ethyl acetate (19:1) = 0.215]. Hence, it can be concluded that the best developer solvent or mix developers solvent to separate the benzyl acetate from the extract of Jasmine is the developer solvent chloroform. 
Optimasi Pelarut Pengembang dalam Pemisahan Benzil Asetat dari Ekstrak Bunga Tanaman Melati Rinaningsih, Rinaningsih
Sains & Matematika Vol 1, No 1 (2012): Oktober, Sains & Matematika
Publisher : Sains & Matematika

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Abstract

Jasmine plant flower (Jasminum sambac) have a range of benefits. The compounds of these plants which are useful for medicine are benzyl acetate, acetic acid and indole linalil. The objective of this research was to identify the best developer solvent. Solvents used to identify the developer who is benzene, chloroform, benzene - chloroform (1:1), benzene - ethyl acetate (19:1). Based on the amount of stain on TLC chromatograms and spectral similarity as determined by TLC - Densitometer brand Simatsu type CS - 930, the most appropriate developer solvent to identify the benzyl acetate from the extract of jasmine is chloroform (CHCl3). This is partly because the price matches or see imminent standard polarity of benzyl acetate with chloroform as a developer solvent is better than another developer solvents and mixed solvents other developers. [Index polarity of benzyl acetate = 4.3, benzene = 0, chloroform = 4.4, benzene-chloroform (1:1) = 2.2, benzene - ethyl acetate (19:1) = 0.215]. Hence, it can be concluded that the best developer solvent or mix developers solvent to separate the benzyl acetate from the extract of Jasmine is the developer solvent chloroform. 
IMPLEMENTASI MODEL PERKULIAHAN TERPADU SOROGAN-BANDONGAN UNTUK MENENTUKAN PEMAHAMAN MAHASISWA DALAM MEMPELAJARI MEKANISME REAKSI Rinaningsih, Rinaningsih
Jurnal Pengajaran MIPA Vol 19, No 2 (2014): JPMIPA: Volume 19, Issue 2, 2014
Publisher : Faculty of Mathematics and Science Education, Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18269/jpmipa.v19i2.36188

Abstract

ABSTRAKPenelitian ini merupakan penerapan model perkuliahan terpadu Sorogan-Bandongan pada materi mekanisme reaksi substitusi nukleofilik. Penelitian ini bertujuan untuk menentukan materi yang perlu ditekankan dalam perkuliahan. Sampel adalah 31 mahasiswa Jurusan Kimia UNESA yang mengambil mata kuliah Kimia Organik I semester genap Tahun Ajaran 2013/2014. Langkah penelitian terdiri atas menugaskan mahasiswa membaca dan mengerjakan pertanyaan handout sebelum perkuliahan, tes diagnostik, pembahasan materi, pelaksanaan sorogan, bandongan, dan tes akhir. Data penelitian dianalisis menggunakan pendekatan mixed methods. Data kualitatif menunjukkan bahwa 25 mahasiswa membaca handout sebelum perkuliahan, 21 mahasiswa berpendapat lebih mudah memahami perkuliahan setelah membaca handout, dua mahasiswa menyatakan memahami 25% isi handout, 13 mahasiswa memahami 50%, dan 10 mahasiswa memahami 75%. Hasil tes diagnostik menunjukkan bahwa 15% mahasiswa kesulitan memahami pengertian reaksi substitusi, 19% nukleofilisitas, 90% asam-basa Lewis, 23% konfigurasi elektron, 13% pengisian orbital, 23% hibridisasi, 55% penentuan struktur Lewis, 65% elektronegatifitas, 48% SN2, dan 83% SN1. Lima puluh enam persen (56%) mahasiswa kesulitan membedakan mekanisme reaksi SN1 dan SN2. Data kuantitatif menunjukkan korelasi antara handout, tes diagnostik, dan tes akhir adalah sebesar 0,511. Implementasi model terpadu Sorogan–Bandongan dapat meningkatkan efektifitas perkuliahan. ABSTRACTThis research was an application of Sorogan and Bandongan integrated learning model for nucleophylic substitution reaction mechanism. The aim of this research was to determine learning material that needs to be emphasized in learning activity. Samples in this research were 31 UNESA’s Chemistry Department students which took Organic Chemistry I subject in 2013/2014 academic year. Research steps consists of assigning students to read and working on handouts questions; diagnostic tests; material discussion; conducting the sorogan, bandongan and final test. The collected data then analyzed using mixed methods approach. Qualitative data showed that 25 students reading the handout before lecture, 21 stated that it was easier to understand the lecture after they read the handout, 2 stated that they understand 25% of what was written in the handout,13 understand 50%, and 10 understand 75%. Diagnostic test results showed that 15% students facing the difficulty in understanding substitution reaction, 19% in understanding nucleophylicity, 90% in Lewis acidic-basic, 23% in electron configuration, 13% in orbital charging, 23% in hybridization, 55% in Lewis structure determination, 65% in electronegativity, 48% in SN2, and 83% in SN1. Fifty five percents (56%) students having the difficulty in differentiate SN1 and SN2 reaction mechanism. Quantitative analysis suggested that correlation between handout, diagnostic test, and final test was 0,511. Sorogan-Bandongan integrated learning model implementation may increase lecture efectivity.
Karakteristik Dewan dan Kinerja Keuangan Perusahaan di Indonesia Karinda, Dheani Nadya; Suranto, Felicia; Rinaningsih, Rinaningsih; Farhana, Siti

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Abstract

Karakteristik dewan memiliki peran yang penting dalam mengimplementasikan tata kelola perusahaan dan dapat meningkatkan kinerja perusahaan. Penelitian ini bertujuan untuk menginvestigasi hubungan antara karakteristik dewan terhadap kinerja keuangan pada perusahaan di Indonesia. Karakteristik dewan dalam penelitian ini diukur melalui jumlah dewan direksi, proporsi komisaris independen, kepemilikan manajerial, tingkat pendidikan CEO, dan masa jabatan CEO. Sedangkan kinerja keuangan diukur melalui Return on Asset dan Return on Equity. Terdapat empat variabel kontrol yaitu ukuran perusahaan, umur perusahaan, leverage, dan pertumbuhan penjualan. Penelitian ini menggunakan analisis regresi linear berganda dengan jumlah 1.562 observasi dari 314 perusahaan non-keuangan yang tercatat di Bursa Efek Indonesia pada tahun 2015-2019. Hasil penelitian adalah semakin tinggi proporsi komisaris independen akan menyebabkan kinerja perusahaan semakin rendah. Namun, penelitian ini tidak menemukan adanya pengaruh antara jumlah dewan direksi, kepemilikan manajerial, tingkat pendidikan CEO dan masa jabatan CEO terhadap kinerja perusahaan. Sedangkan untuk variabel kontrol yaitu ukuran perusahaan dan pertumbuhan penjualan semakin tinggi akan menyebabkan kinerja semakin tinggi. Lalu umur perusahaan dan leverage berpengaruh negatif signifikan terhadap kinerja perusahaan. Hasil penelitian ini dapat menjadi referensi dan memberikan pandangan yang lebih mendalam lagi mengenai hubungan antara karakteristik dewan dengan kinerja perusahaan. Penelitian ini juga menemukan bahwa masih ada perusahaan yang belum menaati jumlah minimal proporsi komisaris independen yang sebesar 30%.Kata kunci: karakteristik dewan, kepemilikan manajerial, tingkat pendidikan, masa jabatan, kinerjaperusahaan.Â