Yogyakarta – Friday, November 15th 2019. The Doctor of Accounting Program, Faculty of Economics and Business, Universitas Gadjah Mada held an open defense doctoral promotion for doctoral candidates, Sari Atmini. The lecturer majoring in Accounting at the Faculty of Economics and Business, Brawijaya University, Malang officially holds the 4694th doctoral degree at Universitas Gadjah Mada and the 278th at the Faculty of Economics and Business, Universitas Gadjah Mada. Dr. Sari Atmini achieved a very satisfying predicate with the dissertation title “Testing of Accounting Conservatism Depends on News: Study at the Company, Aggregate and Macro Level”. The promoter team consisted of Dr. Sumiyana, M.Sc., as a promoter, Prof. Jogiyanto Hartono, MBA., Ph.D., and Fu’ad Rakhman, M.Sc., Ph.D., as co-promoters.
The doctoral promotion open examination was opened by the head of the examining team, Eko Suwardi, M.Sc., Ph.D., Dean of the Faculty of Economics and Business UGM, attended by the examiner team, the assessment team and the promoter team. The testing team and assessment team, namely Prof. Dr. Slamet Sugiri, MBA., Sony Warsono, MAFIS., Ph.D., Dr. Dedhy Sulistiawan, M.Sc., Singgih Wijayana, M.Sc., Ph. D., and Ratna Nurhayati, M.Com., Ph.D. The promoter team, the testing team, and the assessment team tested Sari Atmini, SE., M.Sc., by giving questions.
Research conducted by Dr. Sari Atmini, M.Sc., aims to investigate the asymmetric timeliness of company, aggregate and Gross Domestic Product (GDP) earnings in reflecting publicly available bad news rather than good news. Using a company-specific approach and market-wide regime shifting behavior (MWRSB) with observations totaling 106,386 companies-years during 2010-2016, the study also aims to examine the connectedness of micro-company conditions and macroeconomic conditions. The study found empirical evidence that corporate profits, aggregate profits, and GDP more timely reflect bad news than good news. Furthermore, the increase in the degree of conditional accounting conservatism is in line with the improvement in macroeconomic conditions at the aggregate level, but not at the macroeconomic level. The MWRSB approach is more representative explaining the degree of conservative accounting conditional conservatism at the aggregate level. In addition, the results of the rigor test demonstrating that different conditional accounting conservatism estimation models do not always produce consistent findings and conclusions.
The open defense doctoral promotion which was attended by the Dean of the Faculty of Economics and Business, Universitas Brawijaya, was ended with the submission of diplomas from the session chief and continued with a group photo session. Dr. Sumiyana, M.Sc., as promoter congratulated Dr. Sari Atmini, M.Sc., and said that hopefully the knowledge gained can be useful to support the profession as a lecturer, furthermore it can add to the publication of reputable scientific works. (RP)