https://jurnal.stienganjuk.ac.id/index.php/ojsmadani <p>Mutiara Madani Management and Accounting Journal is a journal published by the Nganjuk College of Economics.<br>This journal is published twice a year, namely in July and December.</p> SEKOLAH TINGGI ILMU EKONOMI NGANJUK en-US JURNAL AKUNTANSI DAN MANAJEMEN MUTIARA MADANI 2356-4946 <p>The authors who publish this journal agree to the following conditions:</p> <p>1. The author retains the copyright and gives the journal rights regarding the first publication with the work being simultaneously licensed under the Creative Commons Attribution License which allows others to share the work with acknowledgment of the author's work and the initial publication in this journal.</p> <p>2. The author can enter separate additional contractual arrangements for non-exclusive distribution of the published version of the journal (for example, send it to an institutional repository or publish in a book), with an acknowledgment of its initial publication in this Journal.</p> <p>3. Authors are permitted and encouraged to post their work online (e.g., at an institutional repository or on their website) before and during the submission process, as this can lead to productive exchanges, as well as excerpts of previously published works</p> https://jurnal.stienganjuk.ac.id/index.php/ojsmadani/article/view/189 <p><em>This study aims to determine the effect of sustainability report disclosure on financial performance carried out by food industry companies listed on the Indonesia Stock Exchange in 2020-2022. The population of this research is food industry companies that are listed on the IDX in 2020-2022. The sample was determined based on the purposive sampling method, as many as 90 companies. The results of the study show that the sustainability report has a positive and significant effect on financial performance. The better the sustainability report, the less negative economic, environmental, social and governance impacts. If sustainability is good, it can increase reputation and brand loyalty.</em></p> Novi Rahayu Karlinadewi Ambarwati Ambarwati Bambang Suroso Sri Murni Hermiliani Olpah ##submission.copyrightStatement## 2024-08-07 2024-08-07 12 2 1 14 10.59330/ojsmadani.v12i2.189 https://jurnal.stienganjuk.ac.id/index.php/ojsmadani/article/view/216 <p><strong><em>. </em></strong><em>The utilization of state asset, such as land, which is not used for the organizational tasks and functions is very important. This study aims to analyze the fair value of land rent at the Grati Pasuruan Marine Tempur Training Center. The research sample was determined using a purposive sampling technique. This study analyzed the fair value of land rent of 219,604 square meters for a lease period of 5 (five) years. The analysis was carried out using an income approach with a discounted cash flow method. The market data comparison method produced a fair value of land of Rp44,488,329,000 or Rp202,584.22 per square meter. The discounted cash flow analysis used the assumption of a cost of capital of 7.39 percent calculated using the Capital Asset Pricing Model (CAPM), a cost of debt of 9.29 percent, with a risk-free rate of return of 6.805 percent, a beta of 0.745, a market risk of 7.38 percent, a discount rate of 7.99 percent and a growth rate of 2.51 percent. The fair value of land rent for 5 (five) years is IDR 11,046,292,000 with a lump sum payment up front.</em></p> Murtaji Murtaji ##submission.copyrightStatement## 2024-12-31 2024-12-31 12 2 15 21 10.59330/ojsmadani.v12i2.216 https://jurnal.stienganjuk.ac.id/index.php/ojsmadani/article/view/218 <p><em>This research uses the fraud hexagon model to detect potential fraud in annual financial reports in stateowned companies listed on the Indonesian stock exchange for the 2018-2022 period. The aim of the research is to reveal the possibility of potential financial report fraud in state-owned companies listed on the Indonesian stock exchange for the 2018-2022 period. Based on the results of data processing, the value of the coefficient of dilution (McFaddien Rsquaried) is only around 12.50%, so that the variables in this research are only able to provide an influence on this value and the rest is influenced by other variables for the 2018-2022 period. For shareholders, investors and creditors, using this methodology to identify fraudulent corporate financial reporting is very helpful.</em></p> Moch. Bryan Mandala Putra Muhammad Ali Lutfi Dwi Puji Rahayu ##submission.copyrightStatement## 2024-12-31 2024-12-31 12 2 22 33 10.59330/ojsmadani.v12i2.218