SEMINAR RISET TATA KELOLA DAN AKUNTANBILITAS /S3 AKUNTANSI

Minggu MATERI
3.        Kim, K., Mauldin, E., and Patro S. (2014). Outside directors and board
advising and monitoring performance. Journal of Accounting and Economics,
57(2-3), 110-131.
1.        Bushman, R.M. and Smith, A.J. (2001). Financial accounting information
and corporate governance. Journal of Accounting and Economics, 32, 237-
333.
2.        Dey, A. (2008). Corporate governance and agency conflict. Journal of
Accounting Research, 46(5), 1143-1181.
2.        Bushman, R., Chen, Q., Engel, E. and Smith A. (2004). Financial
accounting information, organizational complexity and corporate governance
systems. Journal of Accounting and Economics, 37, 167-201.
3.        Cohen, J.R., Krishnamoorthy, G. and Wright, A.M. (2008). Form versus
substance: The implications for auditing practice and research of alternative
perspective on corporate governance. Auditing: A Journal of Practice &
Theory, 27(2), 181-198.

Post, C. and Bryon, K. (2015). Women on boards and firm financial

performance: A meta-analysis. Academy of Management Journal, 58(5),
1546-1571.

1.        van Essen, M., van Oosterhout, J.H. and Carney, M. (2012). Corporate
boards and the performance of Asian Firms. Asia Pacific Journal of
Management, 29(4), 873-905.

1.        Ntim, C.G., Lindop, S. Osei, K.A. and Thomas, D.A. (2013). Executive
Compensation, Corporate Governance and Corporate Performance: A
Simultaneous Equation Approach. Managerial and Decision Economics,
36(2), 67-96.

1.        Shleifer, A., and Vishny, R. (1997). A Survey of corporate governance.

Journal of Finance, 52, 737-783.
3.        Jiang, J., Petroni, K.R. and Wang, I.Y. (2010). CFOs and CEOs: Who have
the most influence on earnings management? Journal of Financial
Economics, 96, 513-526.

2.        Tanyi, P.N. and Smith, D.B. (2015). Busyness, expertise, and financial
reporting quality of audit committee chairs and financial experts. Auditing: A
Journal of Practice & Theory, 34(2), 59-89.

2.       Villalonga, B. and Amit, R. (2006). How do family ownership, control, and

management affect firm value? Journal of Financial Economics, 80, 386-417.

4.        Jia, Y., van Lent, L. and Zeng, Y. (2014). Masculinity, Testosterone, and
Financial Misreporting. Journal of Accounting Research, 52(5), 1195-1244.

2.        Knechel, W. R., G. V. Krishnan, M. B. Pevzner, L. Shefchik, and Velury, U.

(2013). Audit quality: Insights from the academic literature. Auditing: A
Journal of Practice and Theory 32 (1), 385–421.
3.        Ang, J.S., Cile, R.A. and Lin, J.W. (2000). Agency costs and ownership
structure. The Journal of Finance, 55(1), 81-106.
3.        Elsilä, A. Kallunki, J., Nilsson, H. and Sahlstöm, P. CEO personal wealth,
equity incentives, and firm performance. Corporate Governance, 21(1), 26-
41.
4.        Cai, C.X., Hillier, D., Tuan, G. and Wu. Q. (2015). Do audit committees
reduce the agency costs of ownership structure? Pacific-Basin Finance
Journal, 35, 225-240.
1.       Fama, E.F. and Jensen, M.C. (1983). Separation of ownership and control.
Journal of Law and Economics, 26(2), 301-325.
4.        Ahmed, A.S. and Duelman, S. (2007). Accounting conservatism and
board of director characteristics: An empirical analysis. Journal of Accounting
and Economics, 43, 411– 437.
2.        Francis, J.R., Khurana, I.K. and Pereira, R. (2003). The role of accounting
and auditing in corporate governance and the development of financial
markets around the world. AsiaPacific Journal of Accounting & Economics,
10, 1-30.
2.        Fama, E.F. (1980). Agency problems and the theory of the firm. Journal
of Political Economy, 88(2), 288-307.

2.       Friedman, H.L. (2014). Implication of power: When the CEO can pressure
the CFO to bias reports. Journal of Accounting and Economics, 58, 117-141.

3.        DeFond, M. and Zhang, J. (2014). A review of archival auditing research.

Journal of Accounting and Economics, 58, 275-326.
3.        Jensen, M.C. and W.H. Meckling. 1976. Theory of the firm: Managerial
behavior, agency costs and ownership structure. Journal of Financial
Economics 3 (4) (October): 305-360.
4.        Uhde, D.A., Klarner, P. and Tuschke, A. (2015). Board monitoring of the
chief financial officer: A review and research agenda. Corporate Governance:
An International Review, 25, 116-133.

1.        Francis, J.R. (2011). A framework for understanding and researching

audit quality. Auditing: A Journal of Practice & Theory, 30(2), 125-152.

Cuomo, F., Mallin, C. and Zattoni, A. (2016). Corporate governance codes: A

review and research agenda. Corporate Governance: An International
Rreview, 24(3), 222-241.

2.        Chiu, P., Teoh, S.H. and Tian, F. (2013). Board interlocks and earnings
management contagion. The Accounting Review, 88(3), 915-944.

1.        Carcello, J.V., Hermanson, D.R. and Ye, Z. (2011). Corporate Governance
Research in Accounting and Auditing: Insights, Practice Implications, and
Future Research Directions. Auditing: A Journal of Practice & Theory, 30(3),
1-31.
2.        Hambricks, D.C. and Quigley, T.J. (2014). Toward more accurate
contextualization of the CEO effect on firm performance. Strategic
Management Journal, 35, 472-491.
3.        Beck, M.J. and Mauldin, E.G. (2014). Who's really in charge? Audit
committee versus CFO power and audit fees. The accounting Review, 89(6),
2057-2085.

1.        Lazonick, W. & O’Sullivan, M. (2000). Maximizing shareholder value: A

new ideology for corporate governance. Economy and Society, 29(1), 13-35.

3.        Bebchuk, L., and Weisbach, M. (2010). The State of Corporate

Governance Research. Review of Financial Studies, 23, 939-961.
1.        Ali, A. and Zhang, W. (2015). CEO tenure and earnings management.
Journal of Accounting and Economics, 59(1), 60-79.
1.        Sultana, N. (2015). Audit committee characteristics and accounting
conservatism. International Journal of Auditing, 19(2), 88-102.

4.       Lozano, M.B., Martinez, B. and Pindado, J. (2016). Corporate governance,

ownership and firm value: Drivers of ownership as a good corporate
governance mechanism. International Business Review, 25(6), 1333-1343.

3.        Armstrong, C.S., Guay, W.R. and Weber, J.P. (2010). The role of
information and financial reporting in corporate governance and debt
contracting. Journal of Accounting and Economics, 50, 179-234.
4.        Fan and Wong. 2005. Do External Auditors Perform a Corporate
Governance Role in Emerging Markets? Journal of Accounting Research,
43(1), 35-72.
4.        Ahrens, T., Filatotchev, I. and Thomsen, S. (2011). The research frontier
in corporate governance. Journal of Management and Governance, 15(3),
311-325.
4.        Brennan N.M. and Solomon, J. (2008). Corporate governance,
accountability and mechanisms of accountability: An overview. Accounting,
Auditing & Accountability Journal, 21(7), 885-906.
 4.        Christensen, B.E., Glover, S.M., Omer, C.T. and Shelley, M.K. (2016).
Understanding audit quality: Insights from audit professionals and investors.
Contemporary Accounting Research, 33(4), 1648-1684.
1 PENDAHULUAN

Introduction Corporate Government

2

Understanding Corporate Governance

3
Suggested reading:

Ownership

4
5 Boards of Directors
Class session 4 Reading assignments:

Suggested reading:

Top Management
6

Suggested readings:

•           Hambrick, D. C. & Mason, P. A. (1984). Upper echelons: The organization

as a reflection of its top managers. Academy of Management Review, 9(2),
193-206.

•           Donald C. Hambrick. (2007). Upper Echelons Theory: An Update.

Academy Management Review, 32(2), 334-343.
 Top Management

Midterm Exam

The essay is at least 4 000 words. It must be distributed to the lecturer and
fellow students at least one week before the presentation date. One student
will be assigned as the main opponent and the other students will be
assigned as the additional opponent.

8 Financial Accounting and Corporate Governance

Auditing and Corporate Governance

9

Audit Quality
10
 Audit Committee
11

In this session, students will have an opportunity to present and

communicate their research idea to their fellow students and the lecturer.
One student will be assigned as the main opponent with duties to
constructively criticise and give feedbacks on the presenter's research idea.
The other students must also actively participate in giving their feedbacks.
12, 13, 14

A research paper/proposal must be distributed at least one week prior the

presentation date to the lecturer and the other fellow students. In a good
research paper/proposal, students need to demonstrate these four main
things:
1.           Independent critical thinking and analysis
2.            Good knowledge (theories and literature) regarding the chosen
research idea
3.           Rigorous research method
4.           Communicating the research idea clearly.

Suggested format

•              Cover page, containing details of the title, student name and number.

•               Abstract, containing a summary of the problem under investigation,

the position of research in the literature, methods used to collect and
analyse the data, and the expected outcomes and theoretical and/or
practical implication of the research.

•              Introduction, covering the following aspects:

o     Background – outline a rationale for your research idea showing why your
research is important and interesting or in other words, it shows why your
topic is worthy to investigate. The background must serve as a bridge that
links and brings the readers to your research topic. It should also include
some background knowledge and context of the area of your research.

o     Problem or aims of the research – describe what you want to know,
investigate, analyse, or test.

o     Research questions or hypothesis – outline the research questions or

hypothesis that the research will try to address.

o     Significant of the study – discuss why this study is of important, novel and
innovative with regard to the research topic. Discuss the theoretical and
practical contributions that this study will make concerning the expected
outcomes.

•               The theoretical framework, identifying and discussing the relevant

theories, principles, philosophical assumption and previous studies
underpinning the study. This section should show studies have been done
previously and variables impacting on the research questions and their
interrelationships.

•               Hypothesis development, arguing the relationship between or among

variables and stating the hypothesis clearly and concisely.

•               Research design and methods, covering: o The data that you will use
and how you collect them o Research design and methods that will be used
to test the hypothesis. They should be adequately developed, well
integrated, and appropriate to the aims of the study.

o     Robustness tests – several tests that can demonstrate that your expected
results are robust to outliers, alternative measures, endogeneity, etc.
•               References, consisting of: o A list of all cited references that you used
in writing your proposal o Other references that you are aware of, and are
relevant to develop your research proposal further, but not actually used in
writing your proposal.

o     Problem or aims of the research – describe what you want to know,
investigate, analyse, or test.
o     Research questions or hypothesis – outline the research questions or
hypothesis that the research will try to address.

o     Significant of the study – discuss why this study is of important, novel and
innovative with regard to the research topic. Discuss the theoretical and
practical contributions that this study will make concerning the expected
outcomes.

•               The theoretical framework, identifying and discussing the relevant

theories, principles, philosophical assumption and previous studies
underpinning the study. This section should show studies have been done
previously and variables impacting on the research questions and their
interrelationships.

•               Hypothesis development, arguing the relationship between or among

variables and stating the hypothesis clearly and concisely.

•               Research design and methods, covering: o The data that you will use
and how you collect them o Research design and methods that will be used
to test the hypothesis. They should be adequately developed, well
integrated, and appropriate to the aims of the study.

o     Robustness tests – several tests that can demonstrate that your expected
results are robust to outliers, alternative measures, endogeneity, etc.
 •               References, consisting of: o A list of all cited references that you used
in writing your proposal o Other references that you are aware of, and are
relevant to develop your research proposal further, but not actually used in
writing your proposal.

Final exam

KELAS HARI
A3P SENIN

B3P RABU

A3A JUMAT
SABTU
 SEMINAR RISET TATA KELOLA DAN AKUNTANBILITAS /S3 AKUNTANSI
Minggu MATERI NAMA DOSEN
1 PENDAHULUAN Prof. Dr. Dian Agustia SE.,MSi.,Ak., CA.,CMA

2 Introduction Corporate Government Prof. Dr. Bambang Tjahjadi SE.,MBA.,Ak.,CPM.,CMA

1.       Fama, E.F. and Jensen, M.C. (1983). Separation of ownership and control.
Journal of Law and Economics, 26(2), 301-325.

2.        Fama, E.F. (1980). Agency problems and the theory of the firm. Journal
of Political Economy, 88(2), 288-307.

3.        Jensen, M.C. and W.H. Meckling. 1976. Theory of the firm: Managerial
behavior, agency costs and ownership structure. Journal of Financial
Economics 3 (4) (October): 305-360.

3 Understanding Corporate Governance Prof. Dr. Bambang Tjahjadi SE.,MBA.,Ak.,CPM.,CMA

1.        Shleifer, A., and Vishny, R. (1997). A Survey of corporate governance.

Journal of Finance, 52, 737-783.

2.        Dey, A. (2008). Corporate governance and agency conflict. Journal of

Accounting Research, 46(5), 1143-1181.

3.        Bebchuk, L., and Weisbach, M. (2010). The State of Corporate

Governance Research. Review of Financial Studies, 23, 939-961.

4.        Ahrens, T., Filatotchev, I. and Thomsen, S. (2011). The research frontier
in corporate governance. Journal of Management and Governance, 15(3),
311-325.

Suggested reading:
 Cuomo, F., Mallin, C. and Zattoni, A. (2016). Corporate governance codes: A
review and research agenda. Corporate Governance: An International
Rreview, 24(3), 222-241.

4 Ownership Prof. Dr. Dian Agustia SE.,MSi.,Ak., CA.,CMA

1.        Lazonick, W. & O’Sullivan, M. (2000). Maximizing shareholder value: A

new ideology for corporate governance. Economy and Society, 29(1), 13-35.

2.       Villalonga, B. and Amit, R. (2006). How do family ownership, control, and

management affect firm value? Journal of Financial Economics, 80, 386-417.

3.        Ang, J.S., Cile, R.A. and Lin, J.W. (2000). Agency costs and ownership
structure. The Journal of Finance, 55(1), 81-106.

4.       Lozano, M.B., Martinez, B. and Pindado, J. (2016). Corporate governance,

ownership and firm value: Drivers of ownership as a good corporate
governance mechanism. International Business Review, 25(6), 1333-1343.

5 Boards of Directors Prof. Dr. Dian Agustia SE.,MSi.,Ak., CA.,CMA

Class session 4 Reading assignments:
1.        van Essen, M., van Oosterhout, J.H. and Carney, M. (2012). Corporate
boards and the performance of Asian Firms. Asia Pacific Journal of
Management, 29(4), 873-905.

2.        Chiu, P., Teoh, S.H. and Tian, F. (2013). Board interlocks and earnings
management contagion. The Accounting Review, 88(3), 915-944.

3.        Kim, K., Mauldin, E., and Patro S. (2014). Outside directors and board
advising and monitoring performance. Journal of Accounting and Economics,
57(2-3), 110-131.
4.        Ahmed, A.S. and Duelman, S. (2007). Accounting conservatism and
board of director characteristics: An empirical analysis. Journal of Accounting
and Economics, 43, 411– 437.
 Suggested reading:
Post, C. and Bryon, K. (2015). Women on boards and firm financial
performance: A meta-analysis. Academy of Management Journal, 58(5),
1546-1571.

6 Top Management Dr. Wiwik Dianawati, Dra.,Msi.,Ak ( Reguler 1)

1.        Ntim, C.G., Lindop, S. Osei, K.A. and Thomas, D.A. (2013). Executive
Compensation, Corporate Governance and Corporate Performance: A atau
Simultaneous Equation Approach. Managerial and Decision Economics,
36(2), 67-96.

2.        Hambricks, D.C. and Quigley, T.J. (2014). Toward more accurate
contextualization of the CEO effect on firm performance. Strategic
Management Journal, 35, 472-491. Dr. Noorlailie Soewarno,SE.,MBA.,Ak.,CMA
3.        Elsilä, A. Kallunki, J., Nilsson, H. and Sahlstöm, P. CEO personal wealth, ( Reguler 2 dan Makasar)
equity incentives, and firm performance. Corporate Governance, 21(1), 26-
41.

4.        Jia, Y., van Lent, L. and Zeng, Y. (2014). Masculinity, Testosterone, and
Financial Misreporting. Journal of Accounting Research, 52(5), 1195-1244.

Suggested readings:
•          Hambrick, D. C. & Mason, P. A. (1984). Upper echelons: The organization
as a reflection of its top managers. Academy of Management Review, 9(2),
193-206.
•           Donald C. Hambrick. (2007). Upper Echelons Theory: An Update.
Academy Management Review, 32(2), 334-343.

7 Top Management Dr. Wiwik Dianawati, Dra.,Msi.,Ak ( Reguler 1)

1.        Ali, A. and Zhang, W. (2015). CEO tenure and earnings management. atau
Journal of Accounting and Economics, 59(1), 60-79.
 2.       Friedman, H.L. (2014). Implication of power: When the CEO can pressure
the CFO to bias reports. Journal of Accounting and Economics, 58, 117-141.
Dr. Noorlailie Soewarno,SE.,MBA.,Ak.,CMA
( Reguler 2 dan Makasar)
3.        Jiang, J., Petroni, K.R. and Wang, I.Y. (2010). CFOs and CEOs: Who have
the most influence on earnings management? Journal of Financial
Economics, 96, 513-526.
4.        Uhde, D.A., Klarner, P. and Tuschke, A. (2015). Board monitoring of the
chief financial officer: A review and research agenda. Corporate Governance:
An International Review, 25, 116-133.

Midterm Exam

The essay is at least 4 000 words. It must be distributed to the lecturer and
fellow students at least one week before the presentation date. One student
will be assigned as the main opponent and the other students will be
assigned as the additional opponent.

8 Financial Accounting and Corporate Governance Dr. Ardianto SE.,MSi.,Ak

 1.        Bushman, R.M. and Smith, A.J. (2001). Financial accounting information
and corporate governance. Journal of Accounting and Economics, 32, 237-
333.

2.        Bushman, R., Chen, Q., Engel, E. and Smith A. (2004). Financial
accounting information, organizational complexity and corporate governance
systems. Journal of Accounting and Economics, 37, 167-201.

3.        Armstrong, C.S., Guay, W.R. and Weber, J.P. (2010). The role of
information and financial reporting in corporate governance and debt
contracting. Journal of Accounting and Economics, 50, 179-234.

4.        Brennan N.M. and Solomon, J. (2008). Corporate governance,

accountability and mechanisms of accountability: An overview. Accounting,
Auditing & Accountability Journal, 21(7), 885-906.

9 Auditing and Corporate Governance Dr. Ardianto SE.,MSi.,Ak

1.        Carcello, J.V., Hermanson, D.R. and Ye, Z. (2011). Corporate Governance
Research in Accounting and Auditing: Insights, Practice Implications, and
Future Research Directions. Auditing: A Journal of Practice & Theory, 30(3),
1-31.

2.        Francis, J.R., Khurana, I.K. and Pereira, R. (2003). The role of accounting
and auditing in corporate governance and the development of financial
markets around the world. AsiaPacific Journal of Accounting & Economics,
10, 1-30.

3.        Cohen, J.R., Krishnamoorthy, G. and Wright, A.M. (2008). Form versus
substance: The implications for auditing practice and research of alternative
perspective on corporate governance. Auditing: A Journal of Practice &
Theory, 27(2), 181-198.
 4.        Fan and Wong. 2005. Do External Auditors Perform a Corporate
Governance Role in Emerging Markets? Journal of Accounting Research,
43(1), 35-72.

10 Audit Quality Prof. Dr. Arsono Laksmana., SE., CPA.,Ak

1.        Francis, J.R. (2011). A framework for understanding and researching

audit quality. Auditing: A Journal of Practice & Theory, 30(2), 125-152.

2.        Knechel, W. R., G. V. Krishnan, M. B. Pevzner, L. Shefchik, and Velury, U.

(2013). Audit quality: Insights from the academic literature. Auditing: A
Journal of Practice and Theory 32 (1), 385–421.

3.        DeFond, M. and Zhang, J. (2014). A review of archival auditing research.

Journal of Accounting and Economics, 58, 275-326.

4.        Christensen, B.E., Glover, S.M., Omer, C.T. and Shelley, M.K. (2016).
Understanding audit quality: Insights from audit professionals and investors.
Contemporary Accounting Research, 33(4), 1648-1684.

11 Audit Committee Prof. Dr. Arsono Laksmana., SE., CPA.,Ak

1.        Sultana, N. (2015). Audit committee characteristics and accounting
conservatism. International Journal of Auditing, 19(2), 88-102.
2.        Tanyi, P.N. and Smith, D.B. (2015). Busyness, expertise, and financial
reporting quality of audit committee chairs and financial experts. Auditing: A
Journal of Practice & Theory, 34(2), 59-89.
3.        Beck, M.J. and Mauldin, E.G. (2014). Who's really in charge? Audit
committee versus CFO power and audit fees. The accounting Review, 89(6),
2057-2085.

4.        Cai, C.X., Hillier, D., Tuan, G. and Wu. Q. (2015). Do audit committees
reduce the agency costs of ownership structure? Pacific-Basin Finance
Journal, 35, 225-240.
 In this session, students will have an opportunity to present and
communicate their research idea to their fellow students and the lecturer.
One student will be assigned as the main opponent with duties to
constructively criticise and give feedbacks on the presenter's research idea.
12, The other students must also actively participate in giving their feedbacks.
13, TIM DOSEN
14

A research paper/proposal must be distributed at least one week prior the

presentation date to the lecturer and the other fellow students. In a good
research paper/proposal, students need to demonstrate these four main
things:
1.           Independent critical thinking and analysis
2.            Good knowledge (theories and literature) regarding the chosen
research idea
3.           Rigorous research method
4.           Communicating the research idea clearly.

Suggested format

•              Cover page, containing details of the title, student name and number.

•               Abstract, containing a summary of the problem under investigation,

the position of research in the literature, methods used to collect and
analyse the data, and the expected outcomes and theoretical and/or
practical implication of the research.

•              Introduction, covering the following aspects:

o     Background – outline a rationale for your research idea showing why your
research is important and interesting or in other words, it shows why your
topic is worthy to investigate. The background must serve as a bridge that
links and brings the readers to your research topic. It should also include
some background knowledge and context of the area of your research.

o     Problem or aims of the research – describe what you want to know,
investigate, analyse, or test.

o     Research questions or hypothesis – outline the research questions or

hypothesis that the research will try to address.

o     Significant of the study – discuss why this study is of important, novel and
innovative with regard to the research topic. Discuss the theoretical and
practical contributions that this study will make concerning the expected
outcomes.

•               The theoretical framework, identifying and discussing the relevant

theories, principles, philosophical assumption and previous studies
underpinning the study. This section should show studies have been done
previously and variables impacting on the research questions and their
interrelationships.

•               Hypothesis development, arguing the relationship between or among

variables and stating the hypothesis clearly and concisely.

•               Research design and methods, covering: o The data that you will use
and how you collect them o Research design and methods that will be used
to test the hypothesis. They should be adequately developed, well
integrated, and appropriate to the aims of the study.

o     Robustness tests – several tests that can demonstrate that your expected
results are robust to outliers, alternative measures, endogeneity, etc.
•               References, consisting of: o A list of all cited references that you used
in writing your proposal o Other references that you are aware of, and are
relevant to develop your research proposal further, but not actually used in
writing your proposal.

o     Problem or aims of the research – describe what you want to know,
investigate, analyse, or test.
o     Research questions or hypothesis – outline the research questions or
hypothesis that the research will try to address.

o     Significant of the study – discuss why this study is of important, novel and
innovative with regard to the research topic. Discuss the theoretical and
practical contributions that this study will make concerning the expected
outcomes.

•               The theoretical framework, identifying and discussing the relevant

theories, principles, philosophical assumption and previous studies
underpinning the study. This section should show studies have been done
previously and variables impacting on the research questions and their
interrelationships.

•               Hypothesis development, arguing the relationship between or among

variables and stating the hypothesis clearly and concisely.

•               Research design and methods, covering: o The data that you will use
and how you collect them o Research design and methods that will be used
to test the hypothesis. They should be adequately developed, well
integrated, and appropriate to the aims of the study.

o     Robustness tests – several tests that can demonstrate that your expected
results are robust to outliers, alternative measures, endogeneity, etc.
 •               References, consisting of: o A list of all cited references that you used
in writing your proposal o Other references that you are aware of, and are
relevant to develop your research proposal further, but not actually used in
writing your proposal.

Final exam

KELAS HARI JAM/RUANG

A3P SENIN 10.00/Ruang 702

B3P RABU 10.00/Ruang 702

A3A JUMAT 13.00/Ruang 702

SABTU 10.00/Ruang 702