The purpose of the study is to analyze the moral development of students from AccountingDepartment and Management Department at Economic Faculty Unsoed. This study is a surveywith the methods of collecting data using questionnaires. The population is a student at theFaculty of Economics, University of Jenderal Sudirman. The sample was taken by purposivesampling technique and sampling considerations which selected students who are still active inthe International Accounting Department and International Management Department. Theinstrument used to measure the moral development of students was defining issue test (DIT).Research findings indicate that students who have attended ethical class have better moraldevelopment as compared to those who have not taken the course. Moreover Accountingstudents have not better moral development as compared to students from ManagementDepartment. Based on the findings, it is recommended that ethics should be offered to economicsstudents since it appears to affect student’s moral development. In addition, the inclusion ofethics as a course must be offered to other departments too, as the case of accounting departmentand management department.Key Words: Ethic, Moral Development, DIT
Capital market is an activity related to public offering and trading of securities, public companies relating to the issuance of securities, institutions and professionals associated with the effects. One of the most popular financial instruments and commonly used in conventional capital market, including in Indonesia Stock Exchange (Bursa Efek Indonesia) is short-selling. In regulation of Bapepam-LK No. V.D.6, short-selling is the sale of securities in which the securities are not owned by the seller when the transaction is executed. In general, this transaction clearly violated syariah guidance, as embodied in the Fatwa of DSN-MUI No. 20 Year 2001 and No. 40 year 2003, because of short-selling synchronized with the bay madum based on the hadith "You may not sell anything which are not your belongings". Therefore, this paper aims at studying the issues surrounding the interpretation and the reality of short-selling instruments. Three main results obtained were permissibility of shares as the object of the loan contract, the issue of bay madum can be interpreted as a collateral of delivery which can be controlled by the rules of Bapepam-LK, and thirdly, the economic benefit from the imposition of a fee in the formof the loan contract is concluded as a forbidden usury.
Rancang Bangun Sistem Informasi Sterilisasi Alat Kesehatan pada Unit (Central Sterilization Supply Departement) CSSD merupakan sebuah sistem yang dirancang untuk merubah yang pada awalnya pencatatan alat rumah sakit dilakukan secara manual menjadi berbasis komputer dengan tujuan memberikan laporan yang akurat, relevan, tepat waktu dan lengkap. Metode pengembangan sistem dengan Prototipe. Langkah yang digunakan yaitu: Tahap Pengumpulan Kebutuhan, Tahap Perancangan Prototyping, Tahap Evaluasi Prototyping, Tahap Pengkodean Sistem (Coding), Tahap Pengujian Sistem (Testing) Tahap Evaluasi Sistem, Tahap Menggunakan Sistem. Kesimpulan dari penelitian ini adalah : Dengan diterapkannya sistem baru dapat mengontrol kegiatan pengolahan data yang cepat dan efisien, Tercapainya kemudahan dalam pembuatan laporan pemakaian mesin, meringankan kerja Bagian Admin CSSD dan Penyimpanan data dalam bentuk database dapat mengurangi tempat penyimpanan dan membantu proses pencarian.
Researches on the influence of financial performance toward corporate value have been widely conducted and showed different results. In several researches, financial performance, which is measured by profitability ratio has a positive effect on corporate value. However there are also some findings that profitability has a negative effect. Researcher predicted that there are other influencing factors. This condition drives researcher to use Corporate Social Responsibility (CSR). The aim of this research is to examine the influence of financial performance which is measured by profitability ratio, liquidity ratio, leverage ratio, and activity ratio toward corporate value by considering Corporate Social Responsibility as moderating variables. The population of this research are corporates which have been the winner of ISRA (Indonesia Sustainability Reporting Award) and also listed on the Indonesia Stock Exchange. Hypothesis is tested by regression analysis to find out the interactive influence of the moderating variables. The corporate value is measured by Price to Book Value (PBV), while disclosure of CSR is measured by CSR Index. The results indicate that ROE, DER, TATO and the disclosure of CSR has a positive effect toward corporate value, CR has no effect toward corporate value, and the disclosure of CSR is not able to moderate relation between financial performance toward
The goal of this research is to test the existence of winner-loser anomaly based on underreaction hypothesis, specifically to investigate the profitability of momentum investment strategy in Indonesia Stock Exchange (IDX) by observing a sample of the firm listed at LQ45 index. For examining the presence of momentum in prices, the research used a variable of excess return from June 2004 to June 2007, and overlapping six months formation and test period.The analysis found that underreaction occured in the market, and there was strong evidence for price momentum of past winners and losers in IDX. On the other word, momentum investment strategy obtained significant profit for short-term horizon (six months). If momentum returns in United States and European markets were due to underreaction to information contained in past prices, this research found the same behavioral phenomenon in the Indonesian capital market.
This research is entitled “Ethical Intervention and Moral Development ofStudents”. The purpose of the study is to compare the moral development of studentsfrom Accounting Departments with students of other departments at Economic FacultyUnsoed. The instrument used to measure the moral development of business studentswas defining issue test (DIT). Research findings indicate that students who haveattended ethical class have better moral development as compared to those who havenot taken the course. Moreover Accounting students have better moral development ascompared to students from other departments. Based on the findings, it isrecommended that ethics should be offered to business students since it appears toaffect students moral development. In addition, the inclusion of Ethics as a coursemust be offered to other departments too, as the case of accounting course. Lecturesshould provide simulation as a method of teaching in class in order to give betterimpact on students.
This paper aims to examine: (1) The effect of stock splits on share ownership composition, liquidity, and return for splitting firms; (2) Linkages among those three variables and ownership composition prior to the split as a conditioning variable; and (3) Relationship between liquidity change and ownership composition change as anintervening variable. The sample observed in this study was the firm listed at Jakarta Stock Exchange during period 1995 - 2000 and splitting the stock during January 1997 – December 1998, this sample was selected based on purposive sampling method. The research method used is event study, i.e. research methodology designed to measure the impact of an event of interest on stock returns.The analysis yields three main results: (1) The stock split does not change the ownership composition and the level of liquidity. (2) The effect of stock split on ownership composition and liquidity is conditional on the level of institutional ownership prior to the split. Firms with high institutional ownership prior to the split experience decrease in institutional ownership, while firms with low institutional ownership prior to the split do not change. Changes in liquidity are negatively affected by the level of institutional ownership prior to the split and positively affected by changes in institutional ownership proportion. (3) There are positive abnormal returns following the stock split. The abnormal returns are not related to the level of institutional ownership prior to the split.
This research aims to 1). test and determine trading day having return which highest and lowest, 2). test the effect of trading days on stock return, and 3). determine trading day having highest and lowest volatility by using three models: OLS, GARCH ( 1,1), and GARCH-M ( 1,1). By using the daily price data of stocks listed at LQ45 index, the study obtains results that 1). There is no return which is lowest at bourse trading days, while return which is highest happened at Friday, 2). Trading days have effect to return stock, and 3). Five trading days in Indonesia Stock Exchange have the same volatility.
The purpose of College real work activities thematic tourism is for students can help the wishes of the community and the Government of sub-district somagede in developing tourism integrated in the sub-district somagede and as land of devotion for the civitas akademika Jenderal Soedirman Univercity. College real work activities thematic tourism was held in as many as three periods with Somagede involves as many as 108 students from various disciplines. Before the student was brought to the site of student provisioning process and provided with a supply of content. The implementation of activities focused on 5 areas of the program that the program includes field field 1) plan and prepare development objects and tourist attraction; preparation of human resources planning); 3) socio-economic development of the flagship; 4) development of partnerships with other institutions; and 5) promotion. Outcomes assessed work is evidenced by the existence of the Banyumas Regency Government attention began to seriously develop the tourism in the Village Kemawi Somagede and the Village of Plana as well as a highly successful of Somagede Cultural Carnival held in April 2013. The benefits of this activity is a student has experience and skills empower people in the field of tourism, cooperation Jenderal Soedirman University with various stakeholders in terms of tourism increase, reduce unemployment in sub-district somagede and raise revenue and prosperity of citizens somagede.
The purpose of this research is to analyze the factors that can effect profitability of syariah banking. Variables examined are current ratio, debt to total asset ratio, total asset turnover, operational efficiency and credit, and third party funds . The population in this research is syariah banking. And sample in this research is determined through purposive and unbalance data sampling at period 2005-2011. Total 8 banking companies are taken as study’s sample. The analyze technique used is multiple liniear Regression. The result show that total asset turnover, operational efficiency and credit, third party funds have influence on profitability of syariah banking. While current ratio and debt to total asset ratio haven’t influence on profitability of syariah banking.