Ringkasan Jurnal

 Nama : Hamza Agung Agung Sedayu  NPM : 1506810364 Summary

1. Politi Political cal Relatio Relation! n!i" i"## glo$al glo$al %inancin %inancing# g# and co&"o&ate co&"o&ate t&an"a& t&an"a&ency ency : '(iden '(idence ce %&om %&om )ndoneia *+!&itian ,euz and -eli /$e&!olze&ee2. +!&itian ,euz and -eli /$e&!olze&ee !ad a !y"ot!ei t!at "olitical connection i one o% com"anie %inancing t&ategie and mae a good im"act in t!ei& long&un  "e&%o&mance $ut in t!e ot!e& !and# $ene%it o% glo$al %inancing ill &educe $ecaue o%  com"an com"anie ie it! it! t&ong t&ong "olitic "olitical al connec connectio tion n a&e le liely liely to !a(e !a(e "u$licl "u$licly y t&aded t&aded %o&eign ecu&itie. +!&itian ,euz and -eli /$e&!olze&ee $elie(ed t!at %o&eign ca"ital !a $ecome an inc&eaingly im"o&tant ou&ce o% %inance %o& %i&m in eme&ging ma&et# $ut yet t!e&e a&e o many com"anie t!at till uing dometic %inancing %&om "olitical connection. !e &ite& e&e uing )ndoneian data a t!ei& &eea&c! ince )ndoneia c&ony ca"italim unde& %o&me& P&eident Su!a&to "&o(ide a "a&ticula&ly uita$le etting %o&  eamining t!e &ole o% connection %o& %i&m %o&eign %inancing c!oice. !e&e i am"le e(idence t!at "olitical connection e&e "a&ticula&ly (alua$le unde& t!e Su!a&to &egime and o%ten in(ol(ed acce to %inance. !e &eult to t!ei& %inding a&e -i&t# ellconnected %i&m !a(e acce to "&e%e&ential %inancing at !ome and t!e&e%o&e do not need to acce %o&eign ca"ital ma&et. Second# %i&m it! "olitical tie dilie t!e t&an"a&ency and c&utiny t!at come it! "u$licly t&aded ecu&itie. !i&d# %o&eign ecu&itie mae it mo&e di%%icult %o& inide& to et&act  "&i(ate cont&ol $ene%it. !i conclude t!at !ile t!e&e a&e o ot!e& matte& t!at ould a%%ecting com"anie long&un "e&%o&mance# t!e &eult !o t!at !a(ing a "olitical connection doe !oing im"a im"act ct on !o !o com" com"an anie ie t&ea t&eatin ting g glo$ glo$al al %ina %inanc ncin ing g a t!ei t!ei&& t&at t&ategi egie e and and t!ei&  t!ei&  t&an"a&encie. 7. Acco Accoun unti ting ng## udg udget etin ing g and and +ont +ont&o &oll Syt Sytem em in !ei& !ei& /&ga /&gani niza zati tion onal al +ont +onte et: t: !eo&etical and 'm"i&ical Pe&"ecti(e *'&ic . -lam!oltz2. '&ic . -lam!oltz eamined t!e &elation!i" $eteen accounting# $udgeting and cont&ol in it actual o&ganizational contet# $ot! t!eo&etical and em"i&ical "e&"ecti(e. !e &ite& !a(e a t!eo&y t!at t!e "&oce o% ee&ciing cont&ol cont&ol in an o&ganization o&ganization i igni%icantly mo&e com"le t!an con(entional manage&ial accounting t!eo&y ugget. !e &ite& alo !a(e a t!eo&y t!at $udgeting and accounting ytem mut $e (ieed a  "a&t o% a ca&e%ully deigned total ytem o% o&ganizational cont&ol. )% t!e linage  $eteen $udgeting o& and accounting meau&ement ytem and t!e ot!e& eential  "&e&e9uiite o% a cont&ol ytem a&e not ade9ueate# t!en t!e ytem may not %ul%ill it intended %unction. '&ic '&ic tete teted d t!ee t!ee t!eo t!eo&ie &ie $y eam eamin ined ed t!e t!e cont conte ett o% t!e t!e cont cont&o &oll yte ytem m $y  "e&%o&ming tudy o% accounting and $udgeta&y ytem in com"anie o&ganizational en(i&onment and o$e&(e t!e c&ucial &ole not only t!e %o&mal co&e cont&ol ytem  ytem $ut alo o% and o&ganization cultu&e a a mec!anim o% cont&ol. !e &eult indicated t!e need %o& a di%%e&ent o&ientation o% t!e &ole t!at accounting and $udgeting "lay in t!e cont&ol "&oce a ell a a $&oade& conce"t o% cont&ol itel%.