Abstract: The purpose of this study is to analyze and to give empirical proof about the effect of fair value implementation on financial asset against information asymmetry in Indonesia’s banking sector. This research tested the effect of fair value implementation on financial asset based on Statement of Financial Accounting Standard (PSAK) No. 55 and the fair value reliability measurement based on PSAK No. 60 against level of information asymmetry. The scope of research is Indonesia’s banking sector. The test’s result shows that the use of fair value based on PSAK No. 55 is significantly associated with information asymmetry. This positive relation is higher than the amortized cost implementation on financial asset. In addition, the fair value hierarchy based on PSAK No. 60 is significantly associated with information asymmetry. This research proves that the more reliable measurement of fair value on financial asset, the more observable fair value measurement and reduces level of information asymmetry.
Abstract: reliability-based methodology for the assessment
and evaluation of reinforced concrete (R/C) structural elements of
concrete structures is presented herein. The results of the reliability
analysis and assessment for R/C structural elements were verified by
the results obtained through deterministic methods. The outcomes of
the reliability-based analysis were compared against currently
adopted safety limits that are incorporated in the reliability indices
β’s, according to international standards and codes. The methodology
is based on probabilistic analysis using reliability concepts and
statistics of the main random variables that are relevant to the subject
matter, and for which they are to be used in the performance-function
equation(s) associated with the structural elements under study.
These methodology techniques can result in reliability index β, which
is commonly known as the reliability index or reliability measure
value that can be utilized to assess and evaluate the safety, human
risk, and functionality of the structural component. Also, these
methods can result in revised partial safety factor values for certain
target reliability indices that can be used for the purpose of
redesigning the R/C elements of the building and in which they could
assist in considering some other remedial actions to improve the
safety and functionality of the member.
Abstract: Bootstrapping has gained popularity in different tests of hypotheses as an alternative in using asymptotic distribution if one is not sure of the distribution of the test statistic under a null hypothesis. This method, in general, has two variants – the parametric and the nonparametric approaches. However, issues on reliability of this method always arise in many applications. This paper addresses the issue on reliability by establishing a reliability measure in terms of quantiles with respect to asymptotic distribution, when this is approximately correct. The test of hypotheses used is Ftest. The simulated results show that using nonparametric bootstrapping in F-test gives better reliability than parametric bootstrapping with relatively higher degrees of freedom.
Abstract: This paper presents a computational methodology
based on matrix operations for a computer based solution to the
problem of performance analysis of software reliability models
(SRMs). A set of seven comparison criteria have been formulated to
rank various non-homogenous Poisson process software reliability
models proposed during the past 30 years to estimate software
reliability measures such as the number of remaining faults, software
failure rate, and software reliability. Selection of optimal SRM for
use in a particular case has been an area of interest for researchers in
the field of software reliability. Tools and techniques for software
reliability model selection found in the literature cannot be used with
high level of confidence as they use a limited number of model
selection criteria. A real data set of middle size software project from
published papers has been used for demonstration of matrix method.
The result of this study will be a ranking of SRMs based on the
Permanent value of the criteria matrix formed for each model based
on the comparison criteria. The software reliability model with
highest value of the Permanent is ranked at number – 1 and so on.