Recently Published
Comparative Analysis : Working Capital Efficiency Manufacturing Companies Listed on Indonesian Stock Exchange Image
Journal article

Comparative Analysis : Working Capital Efficiency Manufacturing Companies Listed on Indonesian Stock Exchange

This study aims to determine which companies are more efficient use of working capital between PT. Mayora Indah Tbk. and PT. Siantar Top Tbk. Method analysis is descriptive with the analysis of financial ratios used are the ratio of activities of asset turnover, inventory turnover, and working capital turnover. Results of research that PT. Mayora Indah Tbk. activity ratio of the asset turnover is 6.59 times, inventory turnover is 23.87 times, and the working capital turnover is 18.07 times and PT. Siantar Top Tbk. asset turnover ratio of 5.9 times, inventory turnover 27.78 times, and turnover of working capital -910.71 times. Both companies are then PT. Mayora Indah Tbk. more efficient use of working capital than PT. Siantar Top Tbk. which is listed on the Indonesia Stock Exchange.
Most Viewed
The Influence of Good Corporate Governance, and Quality of Audit Against the Integrity of the Financial Statements Image
The Influence of Good Corporate Governance, and Quality of Audit Against the Integrity of the Financial Statements Image
Journal article

The Influence of Good Corporate Governance, and Quality of Audit Against the Integrity of the Financial Statements

This study aimed to analyze the influence of corporate governance and quality audits that could affect the integrity of the financial statements on companies listed in the Indonesia Stock Exchange. The integrity of the financial statements is defined as the extent to which the financial statements show a true and honest information. Factors corporate governance and quality audit analyzed its impact on the integrity of the financial statements include the audit committees, independent directors, board size, institutional ownership , managerial ownership and the quality of KAP. This research was conducted with quantitative methods on the financial statements of manufacturing companies listed in Indonesia Stock Exchange during the period 2010-2013. The total sample is 24 companies determined through purposive sampling method. Results showed that not all consistent with the hypothesis and significant effect. However, audit committees, independent directors, board size, and quality of KAP shown to have a significant influence on increasing the integrity of the financial statements.