This study aims to determine the reaction of foreign ownership on the Indonesia Stock Exchange to the adoption of International Financial Reporting Standards (IFRS). This study will examine the reaction of foreign ownership on the Indonesia Stock Exchange during the periods 2007-2010 and 2012-2015. The variables used in this study are IFRS and foreign ownership. It finds that the obligation of IFRS does not affect the development of foreign investment in Indonesia, because accounting standards in Indonesia have been adjusted to IFRS since 2008 and investment decisions are not only influenced by standard accounting policies, but also by other factors, such as the economic and political conditions of a country. This study is motivated by the results of previous studies regarding the reaction of foreign ownership of IFRS adoption, which is still controversial. Some studies suggest that IFRS adoption increases information appeal and can attract foreign investment, while other research states that IFRS adoption will not necessarily increase the number of shares held by foreign investors.
This study aims to determine the reaction of foreign ownership on the Indonesia Stock Exchange to the adoption of International Financial Reporting Standards (IFRS). This study will examine the reaction of foreign ownership on the Indonesia Stock Exchange during the periods 2007-2010 and 2012-2015. The variables used in this study are IFRS and foreign ownership. It finds that the obligation of IFRS does not affect the development of foreign investment in Indonesia, because accounting standards in Indonesia have been adjusted to IFRS since 2008 and investment decisions are not only influenced by standard accounting policies, but also by other factors, such as the economic and political conditions of a country. This study is motivated by the results of previous studies regarding the reaction of foreign ownership of IFRS adoption, which is still controversial. Some studies suggest that IFRS adoption increases information appeal and can attract foreign investment, while other research states that IFRS adoption will not necessarily increase the number of shares held by foreign investors.
Internal communication flow that took place at the Retired Women's Fashion Forum TNI - POLRI (FKPPI) was not as bright as the achievements he had achieved. There are still obstacles in the process of information exchange between FKPPI chairmen and FKPPI members, one of them is lack of communication between FKPPI chairman and all members of FKPPI and vice versa among FKPPI members who are still lacking to communicate each other, giving information to each other. Commitment should be a binder in giving more impetus to the success of the organization not appropriately applied by the FKPPI board plus many inactive administrators make barriers in achieving and festive success. All and every member should be able to actively engage and cooperate in various decision-making. Through the same goals and values of organization with the purpose of members will create a commitment to achieve a better goal of the organization. This research uses qualitative approach with data collection technique through observation by doing direct observation. Population studied in this research is All Member of Communication Forum of Putri Putri Purnawirawan TNI - POLRI (FKPPI) In Karimun Regency either inactive or active still amount to 33 people according to organizational structure of management. Researchers take a predetermined sample in accordance with the technique used is Purposive sampling is to choose a sample based on the goal. Total samples taken are 10 informants who are active in the management of FKPPI. The upward pattern of communication within the Karimun District FKPPI is generally open, in which each member is given the freedom to express his opinions in the form of: ideas, suggestions, criticism or whatever else to the boss, as long as what they say can help in progress an organization. Downward communication pattern in FKPPI of Karimun Regency should run between members with its chairman. All that can happen because the communication between members is quite intimate and close to each other. Downward communication pattern in FKPPI of Karimun Regency should run between members with its chairman. All that can happen because the communication between members is quite intimate and close to each other. Good communication will certainly produce a good as well. Good relationships to build and enhance good solidarity relationships with each other. Communication barriers felt by employees in FKPPI Karimun District is sometimes the case in the management of FKPPI is a communication barrier that often happens is the lack of interest members to plan the program.
This research was prepared using the event study method to analyze the Indonesian capital market reaction to a political event that can be seen from differences in abnormal returns and cumulative abnormal returns of shares before and after the general election event on 17 April 2019. The observation period carried out for 11 days consisted of 5 days before the event date, one-day event date, and 5 days after the event date. The population of the data used are financial sector companies listed in the period January to April 2019 on the Indonesia Stock Exchange, then the sample was taken using a purposive sampling obtained as many as 73 of 91 companies. While the data amalgamation technique uses the Wilcoxon Signed Rank Test because the data used doesnt meet the assumption of normality. The results showed that there were no differences in abnormal returns and cumulative abnormal returns of financial sector issuers between before and after the general election 17 April 2019. Therefore, the general election 17 April 2019 didnt contain important information for market participants so the market didnt overreact.
