The purpose of this study to determine the effect of operating cash flow to the abnormal return and the effect of operating cash flow to the abnormal return of companies that conduct the revaluation is higher than that of non revaluation which adopted SFAS No. 16 (2012). The analysis used in this study are multiple regression, for the period 2012-2015. The results showed that operating cash flow has no effect on non-sampled companies revaluation, while the sample of firms that perform revaluation proves that operating cash flow has a positive and significant impact on the abnormal return. Moreover, the effect of revaluation policy can strengthen the influence between operating cash flow to the firm abnormal return than non revaluation.DOI: 10.15408/etk.v16i1.4820

As a business institution, every business unit must have profit orientation including the business family. This study is going to investigate the managerial performance in pempek business family. The purpose of this study to determine: first, the effect of budgetary participation on managerial performance. Second, mediating effect job satisfaction in the relationship budgetary participation on managerial performance. The analysis technique that used in this study is path analysis. The results showed that budgetary participation has no effect on managerial performance, while the job satisfaction is mediating effect on managerial performance at family business Pempek in Palembang. AbstrakSetiap institusi bisnis harus berorientasi pada keuntungan, termasuk didalamnya pada bisnis keluarga. Studi ini akan melakukan invstigasi kinerja manajerial pada bisnis keluarga pempek. Tujuan penelitian ini untuk mengetahui (1) pengaruh partisipasi anggaran terhadap kinerja manajerial, (2) peranan kepuasan kerja sebagai pemediasi hubungan antara partisipasi anggaran terhadap kinerja manajerial. Analisis yang digunakan dalam penelitian ini yaitu path analys. Hasil menujukkan bahwa partisipasi anggaran tidak memiliki pengaruh terhadap kinerja manajerial, sedangkan kepuasan kerja merupakan variabel mediasi antara partisipasi anggaran terhadap kinerja manajerial pada family business Pempek di Kota Palembang. Kata Kunci: partisipasi anggaran, kepuasan kerja, kinerja manajerial Diterima