Journal of Finance and Accounting

Volume 5, Issue 6, November 2017

  • Analysis of Giving Opinion of the Audit Board of the Republic of Indonesia (BPK) on Unqualified Opinion (WTP)

    La Ode Hasiara, Roni Padliansyah

    Issue: Volume 5, Issue 6, November 2017
    Pages: 206-213
    Received: 5 September 2017
    Accepted: 26 September 2017
    Published: 8 November 2017
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    Abstract: The aim of the research is to find out and test as well as analyze the influence of government apparatus competence; organizational commitment; government apparatus behavior; standard operating procedures; internal control system; prudential principle toward unqualified opinion (Pendapat Wajar Tanpa Pengecualian/WTP) on financial accounting managem... Show More
  • Impact of Government Budget Announcement on Stock Market Sector Indices: Evidence from Colombo Stock Exchange

    Udani Chathurika Edirisinghe

    Issue: Volume 5, Issue 6, November 2017
    Pages: 214-218
    Received: 23 October 2017
    Accepted: 20 November 2017
    Published: 23 December 2017
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    Abstract: This study attempts to investigate the impact of Sri Lankan government budget announcements on five sector indexes of Colombo Stock Exchange, namely banks, finance & insurance; beverage, food & tobacco; manufacturing; motor; diversified holdings. The Event study methodology was used to analyze sector wise stock price behavior during the sample peri... Show More
  • Restructuring an Emerging Market Banking Sector: The Case of Vietnam

    Ngoc Nguyen, Naser Ibrahim Abumustafa

    Issue: Volume 5, Issue 6, November 2017
    Pages: 219-228
    Received: 30 October 2017
    Accepted: 10 November 2017
    Published: 23 December 2017
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    Abstract: This article examine whether Vietnam will be able to follow the reconstruction model developed by the Thai and South Korean banking industries in 1997, based on present-day Vietnam’s similarity with those two countries in 1997. Our paper also attempts to test the efficiency of the Vietnamese Asset Management Corporation [VAMC] in the banking indust... Show More
  • The Effect of Cryptocurrency on Investment Portfolio Effectiveness

    Yanuar Andrianto, Yoda Diputra

    Issue: Volume 5, Issue 6, November 2017
    Pages: 229-238
    Received: 30 January 2018
    Published: 9 March 2018
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    Abstract: The emergence of financial technology in the last 10 years has created a new type of asset that is Cryptocurrency. Cryptocurreny offers a small transaction fee without involving a third party in its transaction and the ability to make its users anonymous. It became one of its main selling points and was quickly accepted widely in the financial worl... Show More