Backgrounds: The basic and chemical industrial sector was selected for its significance in supplying everyday products and its capacity to aid businesses in optimizing financial strategies and attracting investors. Objectives: This study will examine the influence of Non-Debt Tax Shield, Cash Holdings, and Growth Opportunities on Capital Structure in basic and chemical manufacturing companies listed on the Indonesia Stock Exchange. Methods: This study employs a census sampling method, resulting in 12 pharmaceutical companies listed on the IDX throughout a seven-year duration, culminating in a total sample size (n) of 84. The research employs a causal associative methodology and utilizes multiple linear regression analysis to ascertain the relationship between the independent and dependent variables. Results: The results indicate that at a 5% significance level, all three variables exerted a significant impact on the dependent variable. The ANOVA test findings indicate that the regression model employed in this analysis is significant, as evidenced by an F-statistic exceeding the crucial value and a significance level below 0.05.

Introduction/Main Objectives: This study aims to see what factors decide novice investors in using fundamental and technical analysis when buying shares, that no one has researched novice investors and also what are the determinants of novice investors in deciding to use the analysis used by them, so this needs to be examined in order to prove what become a determinant of novice investors regarding the analysis used when buying shares. Background Problems: One of the things that makes young people interested in investing in financial markets (such as shares and bonds) is because of the return they receive as a return on the investment they make. In buying shares, novice investors should use analysis that is suitable for use, such as fundamental and technical. Novelty: This research provides an overview of starting to invest in shares so that they use an appropriate analysis for the shares of the company they want to buy, this research also provides an overview of evidence of how novice investors buy shares so that this can be used as a lesson for other people who want to invest in stocks, and this research give an overview related to fundamental and technical analysis in financial markets. Research Method: Data analysis use mean comparison to see each indicator's average score and significance in the decision to use fundamental or technical analysis when buying shares. Finding/Results: The research findings show that the main determinants of novice investors in deciding to use fundamental analysis when buying shares are liability, total equity, debt-to-equity ratio (DER), return on investment (ROI), and dividends, while the main determinants of novice investors in deciding to use technical analysis when buying shares namely price, moving average convergence divergence (MACD), and trading volume. Conclusion: The practical implications, namely research findings are useful for understanding novice investors who buy shares in the money market and also for people who want to get involved in the money market so as to help make the decisions they make.

This research aims to look at the influence of tunneling and GCG variables on the performance of Indonesian State-Owned Enterprises. The data used is secondary data taken from the Annual Report of Indonesian State-Owned Enterprises. The data period is six years, from 2014 to 2019. The population in this study was 44 Indonesian State-Owned Enterprises, and the sample was determined using purposive sampling methods. The data is processed using multiple linear regression analysis. The results of the data analysis showed that tunneling and GCG had a significant effect on the performance of Indonesian State-Owned Enterprises, both simultaneously and partially. This study implies that more technical regulations are needed to regulate the boundaries of related transactions in State-Owned Enterprises so that tunneling actions can be minimized. State-Owned Enterprises must also always improve their performance to be more optimal, at least it can increase of State Owned Enterprises that can deposit dividends into the state treasury. The novelty of this research is the use of SOE objects for tunneling subjects that are generally research in private companies.

Previous research on the value relevance of accounting information and stock prices had different results. The differences in the results of this study indicate that further studies on the value relevance of accounting information and stock prices are still needed. This study investigates the relationship between the capital markets and accounting information in the banking sector of ASEAN countries, namely Indonesia, Malaysia, Singapore, Thailand and the Philippines. Specifically, this study looks at the relationship between earnings per share (EPS) and book value per share (BVPS) on the balance sheet value. Using a sample of listed banks from 2017 to 2019, this study documents accounting information in the context of emerging markets by using stock prices as the dependent variable three months after the end of the year is taken into consideration. The sample determination method for this study used a dedicated sampling method to obtain 82 samples that met the criteria. This study uses a panel data regression technique. The results of this study show that earnings and book value have a statistically positive impact on stock prices. This study also shows that revenue is more related to value than other variables

Corporate governance mechanism is a form of supervision of the company to run effectively and efficiently to improve firm performance and value. The supervision that corporate governance mechanism provide is to lesser the agency conflicts due the different interest between manager and owner such earnings management that is detrimental to shareholders. This study examines corporate governance as a supervisory mechanism that aims to improve firm performance, value and minimize earnings management. Then, we analyze the possibility that corporate governance mechanisms can improve firm’s performance and value by controlling earnings management. Using data of banking companies from 2018-2019 then tested using partial least squares with the WarpPLS application, we found evidence that corporate governance mechanisms positively influence the company's financial performance. Corporate governance mechanism has a negative effect on firm value. Corporate governance mechanisms have a negative effect on earnings management. Then earnings management does not provide a mediating effect in the relationship of corporate governance with the company's financial performance and firm value.

This study analyzes the non-financial and financial factors that affect accounting firms switching, namely upgrade, samegrade, or downgrade. Non-financial factors are proxied by managerial ownership and management turnover, while financial factors are proxied by profitability and financial distress. The population was manufacturing companies on the Indonesia Stock Exchange in 2017-2019. The research sample was selected using the purposive sampling method. The sample in this study amounted to 31 manufacturing companies, so the total sample was 93 company units. The analytical tool used to test the hypothesis is multinomial logistic regression analysis. The results of this study indicate that managerial ownership does not affect the three types of turnover. Meanwhile, the management turnover variable positively affects the upgrade, samegrade, and downgrade. In terms of financial factors, profitability does not affect upgrade and downgrade accounting firms of switching. Nevertheless, profitability has a positive effect on the samegrade type of switching. Hypotheses testing of financial distress revealed that this variable could not influence the three accounting firm switching

The aim of this study is to examine the auditors characteristics and the selection of effective audit procedures by introducing professional scepticism as an intervening variable. In this study the author focuses on gender, experience and personality type. We examine to what extent such characteristics influence the selection of effective audit procedures. We conducted a survey for practitioners who actively work in the public accountant firms in East Java province. The results show that professional scepticism which is treated as an intervening variable do not play role on the relationships between gender and experience and the selection of effective audit procedures. In contrast, it help us to explain the relationships between personality type and the selection of effective audit procedures