Annual Reports Of Companies Research Articles

The Influence of Working Capital On The Profitability Ratio of Consumer Goods Industry Sector Companies Listed On The IDX

This research aims to determine and analyze the influence of working capital on the profitability ratio of companies in the consumer goods industry listed on the IDX. The type of data in this research is secondary data, namely data obtained indirectly and through intermediaries in the form of company annual report data. The type of research used in this research is quantitative with an explanatory approach. Based on the results of data research using statistical calculations through the SPSS application. The results of the research show that cash turnover and accounts receivable turnover have a positive and significant effect on profitability as evidenced by the Cash Turnover regression coefficient value (X1) of 0.068 and the calculated t value of 7.156 > 1 table 2.055 with a significant value of 0.000 < 0.05 and the coefficient value Receivables Turnover regression (X2) is 0.199 with a 1 count value of 7.1411 table 2.055 with a significant value of 0.000 0.05. Meanwhile, Inventory Turnover (X3) has a negative and significant effect on profitability as evidenced by the regression coefficient value of -0.970 and the 1 count value of -16,135 > 1 table 2.055 with a significant value of 0.000 <0.05

Pengaruh Manajemen Laba, Struktur Kepemilikan, dan Risiko Sistematis Terhadap Return Saham

This study aims to determine the Effect of Earnings Management, Ownership Structure, and Systematic Risk on Stock Returns. The research method used in this study is a descriptive statistical method. With verification testing using multiple regression (multiple regression). The data used is secondary data, namely the annual reports of companies that are used as samples in the study. The research sample is 12 companies listed on the Indonesia Stock Exchange in 2019-2022 which were taken using the purposive sampling method. The results of this study indicate that Earnings Management, Ownership Structure and Systematic Risk have a positive and significant effect on Stock Returns.

The Impact of Environmental, Social, and Governance (ESG) Reporting on Corporate Financial Performance

This research explores the impact of Environmental, Social, and Governance (ESG) reports on company financial performance. ESG has become an important indicator in assessing the desirability and social responsibility of companies in various industrial sectors. Although many companies are starting to adopt ESG reporting standards, there are still concerns regarding their impact on financial performance. This research aims to establish a relationship between ESG reports and company financial performance through analysis of quantitative data taken from public companies over a certain time period. The financial performance indicators explained include return on assets (ROA), return on equity (ROE), and share prices. ESG data is obtained from company annual reports and internationally recognized ESG databases.

The Effect of Managerial Ownership and Institutional Ownership on Company Value in Mining Companies Listed on the Indonesia Stock Exchange

This study aims to examine the influence of managerial ownership and institutional ownership on company value as an intervening variable in mining companies listed on the Indonesia Stock Exchange. The data used is secondary data obtained from the annual reports of mining companies listed on the Indonesia Stock Exchange for the 2019-2022 period. The analysis method used is multiple linear regression with the help of SPSS software. The results of the study show that managerial ownership has a significant positive effect on the company's value. Likewise, institutional ownership has a significant positive effect on the value of the company. As an intervening variable, it has also been proven to affect the relationship between managerial ownership, institutional ownership, and company value. The Adjusted R Square in this study is 0.309, which means that 30.9% of the variation in the value of the company can be explained by the variables of managerial ownership and institutional ownership, while the remaining 69.1% is explained by other factors that were not studied in this study.

Effect Of Profitability and Good Corporate Governance On Firm Value With Corporate Social Responsibility As An Intervening Variable

The company was founded with a goal, one of which is to improve the welfare of its shareholders. By increasing the company's share price, the company's value in the eyes of investors will also increase. The value of a company can be seen from the Tobin'Q ratio. Companies registered in LQ 45 have quite high company value. The aim of this research is to analyze the influence of profitability and GCG on company value through CSR as an intervening variable. This research is a type of associative research with a quantitative approach. The object of this research is the LQ 45 company listed on the IDX for the 2018–2022 period. Sampling in this study used a purposive sampling method and 20 companies were found that met the sample criteria. This research uses secondary data in the form of Sustainability reports and company annual reports. This research uses the path analysis method using SPSS as an analysis tool. The results of this research show that: (1) Profitability has a positive and significant influence on company value. (2) GCG has a positive and insignificant influence on company value. (3) CSR has a significant positive influence on company value. (4) Profitability has a positive and significant influence on company value throught CSR. (5) GCG has negative and insignificant influence on company value throught CSR.

The Effect of Dividend Yield on The Volatility of Stock Prices of IDX30 Index Companies Listed on the Indonesia Stock Exchange for the 2019-2023 Period

This study investigates the influence of Dividend Yield on Stock Price Volatility in companies included in the IDX30 index on the Indonesia Stock Exchange (IDX) during the 2019-2023 period. Utilizing secondary data from annual reports of IDX30 companies, panel data regression analysis was conducted to examine the relationship between the variables. The findings reveal that Dividend Yield positively affects Stock Price Volatility, contradicting the initial hypothesis. The results indicate that an increase in Dividend Yield leads to higher Stock Price Volatility, while a decrease in Dividend Yield results in lower Stock Price Volatility. This research provides valuable insights for investors in understanding the dynamics between dividend policies and stock price fluctuations.

Audit Quality, Auditor Specialization, and Sustainability Reporting: Their Impact on Cost of Capital Moderated by Company Size of the Kompas 100 Index in the Indonesia Stock Exchange Market

The capital market has become an attractive instrument for both local and foreign investors. This study aims to analyze and provide empirical evidence regarding the influence of audit quality, auditor specialization, and sustainability reporting on the cost of capital. Additionally, it investigates how company size moderates the relationship between these variables and the cost of capital. The study focuses on companies listed in the Kompas 100 Index on the Indonesia Stock Exchange (IDX) from 2018 to 2022. A quantitative approach is employed, utilizing secondary data available from the IDX (www.idx.go.id), specifically from company annual reports. Data collection involved recording relevant information from the annual reports of each company. The population of the study comprises companies included in the Kompas 100 Index, with a sample selected through non-probability sampling (purposive) with the criteria of being listed in the Kompas 100 Index for the consecutive periods of 2018 to 2022, sample resulted 54 companies. The data analysis method applied is Moderated Regression Analysis (MRA). The results reveal that audit quality has a negative effect on the cost of capital, while auditor specialization shows no significant effect. Furthermore, sustainability reporting also has a negative effect on the cost of capital. As for the moderating variable, company size successfully moderates the relationship between audit quality and the cost of capital, but it does not moderate the effect of auditor specialization or sustainability reporting on the cost of capital.

Faktor-faktor Yang Memengaruhi Kualitas Audit

This research aims to explore the factors influencing an auditor's audit quality. The researcher is interested in conducting an in-depth study to examine the impact of audit tenure, auditor switching, and audit firm size on audit quality. This study is quantitative descriptive research utilizing secondary data derived from financial statements and annual reports of property and real estate sector companies listed on the IDX during 2018–2022. The sample used in this study consists of 168 companies, which were analyzed using IBM SPSS Statistics 25. The results of this study indicate that auditor switching significantly and positively influences audit quality. This suggests that auditor switching serves as a mechanism to maintain a less tight relationship between clients and auditors, thereby preserving auditor independence and ultimately enhancing audit quality. Conversely, audit tenure and audit firm size do not significantly affect audit quality.

PENGARUH KECUKUPAN MODAL, PROFITABILITAS, DAN EFISIENSI TERHADAP ZAKAT PERUSAHAAN DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERATING

This research is motivated by the lack of financial performance discipline in paying zakat in Islamic banking. Not all Islamic banks in Indonesia fulfill their obligations in issuing corporate zakat. This is judged by the very essential position of Islamic banking, and is a good example for companies in issuing zakat in order to help the welfare of the community. The purpose of this study is to examine the effect of financial performance ratios, namely capital as proxied by Capital Adequacy Ratio (CAR), profitability as proxied by Return Of Assets (ROA), efficiency as proxied by Expenses/Operational Income to Islamic banking zakat. The approach in this study uses quantitative methods, with this type of research using associative. The sampling technique used purposive sampling, with secondary data. The data source uses the company's annual report recorded at the Financial Services Authority for the 2011-2020 period. The analytical methods used in this study include (1) Descriptive Statistics, (2) Test Models; (3) Classical Assumption Test, (4) Hypothesis Testing; (5) Moderation Regression Analysis. The analytical tool used in this research is EViews 10. The results showed that (1) CAR had no significant effect on corporate zakat (2) ROA had a significant effect on corporate zakat (3) BOPO had no significant effect on corporate zakat (4) company size was unable to moderate CAR on corporate zakat (5) company size unable to moderate ROA on corporate zakat; (6) the size of the company is able to moderate the BOPO against corporate zakat.

A comparative study of the impact of LSSI4.0 implementation on the financial performance of Chinese manufacturing firms: an empirical analysis

Purpose This paper aims to investigate how implementing lean six sigma and Industry 4.0 (LSSI4.0) can influence a company’s financial performance and discusses the current trend involving LSSI4.0 in China. Design/methodology/approach For statistical analysis, financial data was sourced from the China Stock Market and Accounting Research database. Keywords used to assess the implementation status of LSSI4.0 were extracted from the 2007 to 2020 annual reports of A-share manufacturing companies. Regression analysis was applied to the quantitative analyses of 5,041 observational data points from 945A-share manufacturing companies in China. Findings LSSI4.0 implementation in the manufacturing industry boosts the firms’ financial performance. However, the former outperforms the latter in terms of long-term advantages. Meanwhile, incorporating lean six sigma (LSS) into Industry 4.0 (I4.0) can lead to long-term improved financial performance compared to solely implementing the I4.0. Research limitations/implications The findings possess limited international representativeness because all empirical data were derived from Chinese large manufacturing companies. In addition to return on assets and return on equity, financial performance can also be measured using other financial metrics, such as return on investment. In this study, only listed manufacturing companies were considered as research samples. Practical implications Top management must acknowledge the positive impact of LSSI4.0 on financial performance and prioritize implementing I4.0 based on LSS implementation. Originality/value Empirical results concerning the effectiveness of LSS implementation in enhancing financial performance are inconclusive, particularly in China. In addition, most studies collected data through surveys and interviews, so the representativeness of their outcomes is limited. Overall, this study evaluated the impact of LSSI4.0 implementation with large sample size.

Disruptive innovation disclosure practices: Do board characteristics, ownership structure, and investor matter?

Research aims: This study aims to analyze the effect of board characteristics, ownership structures, and investors on disruptive innovation disclosure in the annual reports of companies in Indonesia.Design/Methodology/Approach: This study used 237 cross-section data from 237 companies in the manufacturing sectors. The dependent variable in this study was obtained by analyzing the content of the company's annual report. The hypothesis in this study was then tested using multiple linear regression.Research findings: The regression test results revealed that foreign ownership affected the disclosure of disruptive innovation in manufacturing companies. Other variables, such as characteristics of the board of commissioners, members and investors, did not affect the disclosure of disruptive innovation in manufacturing companies.Theoretical contribution/Originality: Disclosure of disruptive innovation is rarely done, but this study looks at disclosure from the stakeholder theory perspective in manufacturing companies.Research limitation/Implication: This study was only limited to manufacturing companies. Meanwhile, other companies are expected to be studied in further research. In addition, more observation data can be added to strengthen the research results.

The Influence of Corporate Social Responsibility (CSR), Company Size, Leverage and Investment Decisions on Company Financial Performance (Empirical Study of Basic Materials Companies Listed on the Indonesia Stock Exchange 2019-2023)

This study aims to determine the influence of corporate social responsibility, company size, leverage and investment decisions on the company's financial performance. This type of research is quantitative and uses secondary data with media in the form of financial and annual company reports in the basic materials sub-sector taken from IDX. The population used in this study is 96 companies through purposive sampling criteria selected 21 samples of companies in the basic materials sub-sector with a period from 2019-2023. Data processing using eviews version 13. Based on the results of the test conducted that simultaneously the variables of influence of corporate social responsibility, company size, leverage and investment decisions have an influence on the company's financial performance. Partially, corporate social responsibility affects the company's financial performance, the size of the company does not affect the company's financial performance, leverage affects the company's financial performance and investment decisions do not affect the company's financial performance.

Determinasi Integritas Laporan Keuangan

Financial Statements are a form of corporate management responsibility aimed to stakeholders. The presentation of financial reports must be carried out accurately and free from misstatements in the preparation process. In other words, financial statements must have quality or integrity in its composition. The aim of this research is to determine the influence of company size, financial distress, independent commissioners, and public accounting firm size on the integrity of financial statements in infrastructure sector companies with profitability as a control variable. This research is quantitative research using secondary data from audited financial statements and company annual reports. Based on the results of the tests, it is concluded that 1) company size has no effect on the integrity of financial statements; 2) financial distress has no effect on the integrity of financial statements; 3) independent commissioners have a positive influence on the integrity of financial statements; 4) public accounting firm siz has a positive effect on the integrity of financial statements.

Influence of profitability, company size, and the audit committee on earnings quality

This study aims to provide an empirical explanation of the effect of profitability, company size and audit committee on earnings quality. This study uses quantitative descriptive research with secondary data in the form of annual financial reports of food and beverage companies listed on the Indonesia Stock Exchange for the period 2018-2022. The sample selection used purposive sampling, and the number of samples used was 115 samples, and the analysis tool used was Statistical Product and Service Solutions (SPSS) 26. The analysis techniques used are descriptive analysis and multiple linear regression analysis. The results of the research indicate that profitability has no effect on earnings quality; 2) company size has no effect on earnings quality; 3) audit committee has a positive and significant effect on earnings quality; and 4) profitability, company size and audit committee simultaneously affect earnings quality.

The Relationship Effect of Board Characteristics and Company Characteristics on Corporate Social Responsibility

This study aims to analyze the influence of board characteristics on CSR policies with the company characteristics as control variables. CSR policy in this study focuses on the amount of CSR costs incurred by the company to contribute to the social and community environment. The data used in this study are secondary data sourced from the annual reports of energy sub-sector companies listed on the Indonesian Stock Exchange (BEI) from 2016-2022. The research sample was selected using the purposive sampling method, resulting in 28 companies as the sample. The data analysis used for hypothesis testing is multiple regression analysis using the Eviews 9 program. The results of the study indicate that board characteristics, as indicated by the variables of board size and firm age, have a significant positive influence on CSR. The results also show that firm size has a significant positive influence on CSR performance, while leverage has a significant negative influence on CSR performance. These findings provide information that the increasing number of board members in important positions within a company will impact the high CSR performance, as well as the maturity of a company indicated by the years since going public will enhance the high concern for the environment. In addition, the level of company leverage will be one of the considerations for investors in investing capital as it will have a negative impact on the adopted CSR policies.

The Influence of Pentagon Fraud on Fraudulent Financial Reporting in Companies Registered on the IDX BUMN20 Indonesia Stock Exchange for the 2020-2022 Period

Financial Statement Fraud is fraud or manipulation of a company's financial statements to show the best condition of the company so that investors are interested and/or retain the funds owned by the company. This research is intended to analyze the influence of the factors in the fraud Pentagon theory on fraudulent financial reports in companies listed on IDX BUMN20 on the Indonesia Stock Exchange for the 2020-2022 period. The proxy variables used in this research are Pressure proxied by Financial Target and External Pressure, Opportunity proxied by Ineffective Monitoring, Rationalization proxied by Change of Auditor, Competence proxied by Change of Director, and Arrogance proxied by Frequent Number of CEO's Picture and Fraudulent financial reporting measured by F-Score. The data used in this research is secondary data obtained from the annual reports of companies listed on IDX BUMN20 on the Indonesia Stock Exchange for the 2020-2022 period. The number of samples used was 18 samples from companies selected through the purposive sampling technique. The data analysis used in this research is logistic regression analysis. The research results show that the partial test results do not influence each of the independent variables, namely financial target, external pressure, ineffective morning, change of auditor, change of directors, and frequent number of CEO's pictures on fraudulent financial reporting, but the simultaneous test results show that there is an influence the entire independent variable to the dependent variable is fraudulent financial reporting.

Is human capital risk lower in state-owned enterprises? — A textual analysis based on China's listed company annual reports

Based on the annual reports of China's A-share listed companies from 2007 to 2020, this paper constructs a human capital risk index of China's listed companies through the methods of machine learning and explores the impact of state ownership on corporate human capital risk. The results show that compared with non-state-owned enterprises (non-SOEs), state-owned enterprises (SOEs) have lower human capital risk in China. Mechanism tests suggest that SOEs can offer higher compensation and benefits and maintain more stable employment relationships, which reduce human capital risk significantly. Additionally, this effect is more pronounced during periods of high economic policy uncertainty, in regions with weaker talent policies, and in areas with a lower proportion of aging labor force. The study also reveals that SOEs have lower human capital attraction and human capital retention risk than non-SOEs. Furthermore, SOEs have more educated and skilled employees, which contributes to higher human capital. Last, this study finds state ownership enhances innovation output, total factor productivity, and economic value added by mitigating human capital risk.

Pengaruh Corporate Social Responsibility (CSR) Terhadap Kinerja Keuangan Pada Perusahaan Sektor Infrastruktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2020-2022

This study aims to examine the influence of company size and asset structure on capital structure in food and beverage This research is a quantitative research with the type of data source being secondary data obtained from the company's financial statements and annual reports. The analysis method used is multiple linear regression using SPSS version 26 software. Data testing was carried out using descriptive statistical analysis, classical assumption test, simple linear regression analysis test, determination coefficient and t-test. The independent variable used in this study is Corporate Social Responsibility (CSR) while the dependent variable is financial performance proxied by Return On Asset (ROA). The results of the study show that Corporate Social Responsibility (CSR) has a positive and significant effect on financial performance. In addition, based on the determination coefficient (R2) test, Corporate Social Responsibility (CSR) was able to explain its influence on financial performance by 12.2% of the dependent variables. Based on the results of the study, it was concluded that financial performance measured using the return on asset ratio had a positive and significant effect on Corporate Social Responsibility (CSR). Suggestions that can be given for future research are to add variables that are not included in this study that are considered to affect Corporate Social Responsibility (CSR) and increase the research period to get accurate results.

Pengaruh Ukuran Perusahaan Dan Struktur Aktiva Terhadap Struktur Modal Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Periode 2020-2022

This study aims to examine the influence of company size and asset structure on capital structure in food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the 2020-2022 period. The sampling technique uses the saturated sampling method. The total research sample is 84 companies with 3 years of research. This research is a quantitative research. The type of data carried out in this study is secondary data, which is in the form of annual reports of food and beverage companies. The analysis method used is multiple linear regression using SPSS version 26 software. Data testing was carried out using descriptive statistical analysis, classical assumption test, multiple linear regression analysis test, determination coefficient and t-test. The results of the study showed that the variable of company size did not have a significant effect on the capital structure. Meanwhile, asset structure has a significant effect on capital structure.

Pengaruh Kebijakan Hutang Dan Profitabilitas Terhadap Nilai Perusahaan Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia

This study aims to examine the effect of debt and profitability policies on company value in food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the 2020-2022 period. The sampling technique uses the purposive sampling method. The total research sample is 81 companies with 3 years of research. This research is a quantitative research. The type of data carried out in this study is secondary data, which is in the form of financial statements and annual reports of food and beverage companies. The analysis method used is multiple linear regression using SPSS version 26 software. Data testing was carried out using descriptive statistical analysis, classical assumption test, multiple regression analysis test, determination coefficient and t-test. Meanwhile, profitability has a significant effect on the company's value