This study aims to examine and analyze the inaccuracy in determining the Local Revenue (PAD) budget estimation in the public sector for the upcoming period. When the budget compilers faced complex problems in arrangement the estimates of PAD, they will perform a decisions unit's budget estimates quickly and efficiently, just depend on the analyze information of PAD past and present. The method of analyzing this experimental research uses Two Way Analysis of Variance (ANOVA), one of the multivariate analysis techniques which serve to distinguish the average of the two groups of data by comparing the variance. The results of this study indicate that representativeness heuristic approach affects the bias that occurs or inaccuracy of PAD budget estimates, while anchoring-adjustment heuristic does not affect the bias or inaccuracy of the PAD budget estimates. Based on this, the budget compilers of PAD used a representativeness heuristic approach (existence of overreaction behavior) in predicting the amount of the PAD budget for the upcoming period. The heuristic approach is useful in determining the predictions of PAD budget in the public sector if the budget compilers have the knowledge competencies and adequate experiences in order to reduce the heuristic bias that occurs.

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Modal intelektual sebagai sumber daya perusahaan telah diakui menjadi pendorong nilai dan keunggulan komparatif perusahaan. Penelitian ini bertujuan menguji efek utama dan efek moderasi hubungan modal intelektual melalui modal manusia, modal struktural, dan modal fisik dan keuangan dengan nilai pasar dan kinerja keuangan. Penelitian dilakukan di Bursa Efek Indonesia dengan menggunakan data sekunder untuk menguji hipotesis dengan metode pooled least square. Pengambilan sampel dilakukan secara purposive sampling menghasilkan 63 observasi tahun 2009-2011. Variabel utama dalam penelitian ini adalah nilai pasar dan kinerja keuangan sebagai variabel dependen, dan modal manusia, modal struktural, modal fisik, dan interaksi modal manusia dengan modal struktural sebagai variabel independen, yang dikontrol oleh ukuran perusahaan dan leverage. Analisis karakteristik data menggunakan deskriptif statistik dan pengujian setiap hipotesis dilakukan dengan model regresi linier berganda. Hasil studi membuktikan bahwa, modal manusia hanya berpengaruh positif terhadap kinerja keuangan, sementara hubungannya dengan nilai pasar adalah gagal. Modal struktural berpengaruh positif terhadap nilai pasar, namun gagal dalam hubungannya dengan kinerja keuangan. Modal fisik terbukti berpengaruh positif terhadap nilai pasar dan kinerja keuangan. Modal stuktural dijadikan sebagai moderasi ternyata gagal memoderasi hubungan modal manusia dengan nilai pasar. Di sisi lain, modal struktural dapat menjadi variabel moderasi secara negatif hubungan modal manusia dengan kinerja keuangan. Sehingga disimpulkan bahwa secara umum para investor dan perusahaan memberikan penilaian yang lebih terhadap modal fisik dan keuangan dari pada modal manusia dan modal struktural, yang dapat berakibat lemahnya daya saing perusahaan secara berkelanjutan.

This paper aims to explore the extent to which the use of accounting information contented in the report on the performance of local government performance influences voter behavior in the re-election of incumbent regional heads. Based on changes that are recommended by New Public Management (NPM) in the accounting of the public sector to give attention to citizens/voters in order to evaluate the performance of local governments. To do so, start from the following research question: Can the accounting information disclosed by local governments affect the re-election of regional heads in Indonesia? This research is based on agency theory as a grand theory with rational choice theory as a supporting theory. This study uses secondary data from the Directorate General of Financial Management of the Indonesian Republic Finance Ministry (DJPK Ministry of Finance of the Republic of Indonesia) to Realization of Regional Revenue and Expenditure Budget in 2017 and while information data on Unemployment and poverty is obtained from the central statistics agency (https: // www.bps.go.id) and from the official website of the regional government and the respective Regional People's Representative Council. The data while the election was obtained from the official website of the Election Committee https://www.kpu.go.id/ and the official website of each region. This study uses binary logistic regression and uses purposive sampling. Before the regression test, it is examined by using the classical assumption tests. The results showed the contents of accounting information contained in the accountability report. The regional income and expenditure budgeting influences the electability of incumbent re-election, among others, the ratio of regional income to total income, capital expenditure ratio and poverty level positively influences the re-election of incumbents, while the tax revenue ratio the total income, the ratio of total expenditure to total income, the ratio of expenditure on goods and services to total income, and the unemployment rate does not affect the electability of re-election of incumbents. An understanding of information accounting content expressed by the local government voters can make the basis for assessing whether the incumbent regional head is worthy of the opportunity to reign or not. The results of the study provide input to the local government to determine the regulations and policies that will come regarding the accountability of financial statements so that there is no misuse of authority resulting in corruption, collusion, and nepotism.

The research aims to investigate (1) the influence of financial performance on reputation, (2) the influence of financial performance on firm value, (3) the influence of reputation on firm value, (4) the influence of financial performance on firm value with reputation as a mediating variable. The sample of this study consisted of 108 non-financial companies listed in the Indonesia Stock Exchange during 2016-2018 which was selected using a purposive sampling method. The analysis method in this study uses path analysis. The reputation measurement used the corporate image index (CII) published by Frontier Consulting Group. The results showed that (1) financial performance has a positive and significant influence on company reputation, (2) financial performance has a positive and significant effect on firm value, (3) reputation has a positive and significant influence on firm value, (4) reputation mediates the influence financial performance on firm value. The implication of this research was the financial performance as a positive signal in improving the company's reputation which has an impact on increasing investor belief in the capital market.