Asset Variables Research Articles

Intellectual Capital Reporting and Share Price Volatility of Quoted Financial Companies in Nigeria (20012- 2021).

This study empirically examined the nexus between intellectual capital and the share price volatility of quoted financial companies in Nigeria from year 2011 to 2021. The sample comprised of thirteen money deposit banks that are listed on the Nigeria stock exchange market over the period between 2011 and 2021. Data from 13 listed banks from 2011-2021 were analyzed using descriptive and inferential statistics. The results showed that advertisement cost had a significant positive effect on share price volatility as a result of p-value of the t-statistics calculated for AD is less than the critical value of 5% (p-values < 0.05), while research and development expenditure did not as a result of p-value of the t-statistics calculated for RD is greater than the critical value of 5% (p-values > 0.05). The p-value of the t-statistics calculated for STVA is greater than the critical value of 5% (p-values > 0.05), Structural Capital Value Added was not significant, while Value Added Capital Employed and Value Added Human Capital positively influenced share price volatility as a result p-value of their t-statistics calculated being less than the critical value of 5% (p-values < 0.05). Control variables of Leverage, Liquidity, and Net Assets were also significant volatility as a result p-value of their t-statistics calculated being less than the critical value of 5% (p-values < 0.05). The P-value of the F-statistics computed for the variables for testing the overall fixed effect of the regression model of 0.000000 was less than the critical value of 5% (p-values < 0.05). The overall result of the finding had revealed that there was a significant relationship between intellectual capital and the share price volatility of quoted financial companies in Nigeria. Therefore, the study recommended that the Nigerian listed deposit money banks should invest more in research and development to improve their competitiveness and increase their share price. Also, human capital and capital employed should be effectively utilized.

PERAN TATA KELOLA DAN SUMBER DAYA TERHADAP BEBAN R&D PERUSAHAAN NONKEUANGAN TERBUKA DI INDONESIA

To accomplish long-term goals, one of the strategic steps taken by the company is investing in innovation through Research and Development (R&D) spending. Numerous studies show that R&D activities can improve company performance. However, fewer studies discuss the factors involved in R&D investment, especially in Indonesia. In addition, the versatile results of previous studies make this research still relevant. This study aims to determine which factors are involved in R&D expense decisions from a company's resource and corporate governance perspective. This research uses multiple linear regression with the Ordinary Least Square (OLS) estimation method. Based on the stability test, the Covid-19 pandemic affects the relationship between several factors in R&D expense. In all samples, only the proportion of independent commissioners positively affects R&D expenses. There is shifting in the variables of company ownership, profitability, and tangible assets toward R&D expense. But, debt has no significant effect on R&D expenses before and during the pandemic. Thus, ownership concentration, independent commissioner, and company resources, such as tangible assets and other financing sources, have a role in the R&D investment decision. This research shows the crucial role of corporate governance in managing a company's resources to sustain a competitive advantage through R&D activities.

Sharia Banking Contribution To Financial Deeping In Supporting Indonesia Economic Recovery

The background of the research is the issue of research on Indonesia's financial deepening condition during the pandemic to describe the condition of Islamic banking on financial deepening in Indonesia before and during the pandemic, using the variables of total assets, third party funds, and Islamic banking financing. The method used in this research is descriptive quantitative by analyzing secondary data which is processed using Eviews with the VECM method and using quarterly time series data from 2005-2021 with a total sample of 272 from all research variables. The results of data processing using VECM show several findings, namely: Assets have a long-term positive effect on financial deepening, and based on the IRF and FEVD financial deepening tests show a positive response to shock with a contribution of 77%. Meanwhile, TPF and Islamic bank financing have a long-term negative impact on financial deepening and based on the IRF and FEVD financial deepening tests, they showed a negative response to the shock of TPF with a contribution of 9% and showed a positive response to the financing shock with a contribution of 3%. Meanwhile, based on testing using IRF, the movement of financial deepening in response to shocks in these variables shows that it is stable in the future. Keywords : Financial De e p ening , Islamic Banking, VECM Method

Factors Influencing Credit Risk and Insurance Risk in General Insurance of Indonesia : Technical Reserve Ratio and Reinsurance Ratio (Financial Management Literature Review)

This article is a Literature Review to see whether there is an effect of the Technical Reserve ratio and the Reinsurance ratio on credit risk and insurance risk in General Insurance in Indonesia. The purpose of this scientific article is to build a causality research hypothesis between variables so that it can be used for further research. The topic of discussion is the area of ​​​​financial management science. The method of writing this Literature Review article is Library Research with sources of books, journals and research articles contained in online media such as Google Scholar, Mendeley, Research gate and other academic media. From this literature review, it can be concluded that 1) the Technical Reserve ratio has an effect on credit risk; 2) Reinsurance ratio has an effect on credit risk; 3) Technical Reserve ratio has an effect on insurance risk; 4) Reinsurance ratio has an effect on insurance risk; and 5) insurance risk affects credit risk. Apart from these 2 exogenous variables that affect the 2 endogenous variables of credit risk and insurance risk, there are many other factors including the loss ratio, current ratio and total assets variables.

FAKTOR–FAKTOR YANG MEMPENGARUHI PEMBIAYAAN MUDHARABAH DI BANK MUAMALAT INDONESIA

Raising funds from third parties of Islamic banks is an indicator of the number of Islamic banks disbursing financing, if more Islamic banks channel financing, the more profit margin returns. This study aims to analyze the factors that influence mudharabah financing at Bank Muamalat Indonesia in 2015-2020. Mudharabah financing will be viewed from Third Party Funds, Return on Assets, Capital Adequacy Ratio, Non Performing Financing and Total Assets. Bank Muamalat Indonesia financial report data for 6 years from 2015-2020 on a quarterly basis so that there are 24 samples. The data were analyzed using multiple linear regression. Partially, the Third Party Fund variable has a negative and significant influence on mudharabah financing. The ROA, NPF and Total Assets variables have a positive influence in distributing mudharabah financing, while the CAR variable has no effect on the distribution of mudharabah financing. However, simultaneously the variables of TPF, ROA, CAR, NPF, and Total Assets affect the distribution of mudhaarabah financing.

EFFECT OF RETURN ON ASSET, DEBT EQUITY RATIO AND CURRENT RATIO ON COMPANY VALUE (Study on Manufacturing Companies Listed on Indonesia Stock Exchange for the period 2017-2020)

<p>The purpose of this study is to examine the effect of Profitability proxied by ROA, Working Capital Proxied by Debt Equity Ratio and Liquidity Proxied by current Ratio to the potential for Firm Value in the company. The sample used in this study is various manufacturing companies listed on the Indonesia Stock Exchange during the period 2017 to 2020. The sample selection method used was the purposive sampling method. Hypothesis testing is done using logistic regression. Based on the results of hypothesis testing it can be concluded that the Return On Asset variable is proven to have a significant positive effect on the likelihood of Firm Value, the Debt Equity Ratio Variable is proven to have a significant negative effect on the likelihood of Firm Value, as well as the Current Ratio variable also has a significant Positif effect on the likelihood of firm Value.</p>

Pengaruh Penerapan Green Accounting dan Environmental Performance terhadap Return on Asset

This study aims to determine the effect of the application of green accounting and environmental performance on Return On Asset. This research used a quantitative and the data analysis is multiple linear regression analysis. The sample used in this study were 6 companies in the Basic and Chemical Industry sector for 5 years with a total of 30 data. The results of this study indicate that the green accounting variable has a significant positive effect on Return On Asset and the environmental performance variable has no effect on the Return On Asset of companies in the Basic and Chemical Industry sector for the period 2016 to 2020. Meanwhile, the green accounting and environmental performance variables have an effect together. positive is not significant on the Return On Asset variable.

성장혼합모형을 이용한 중⋅고령자의 일자리 만족도 변화 유형화 및 영향요인 검증

The purpose of this study is to derive Trajectories in older adult’s job satisfaction and to identify how each type has a relationship with demographic characteristics, job characteristics, and job perception. For this purpose, the 5th, 6th, and 7th year data of the Korean Longitudinal Study of Ageing(KLoSA) was used, and the dependent variables were wages satisfaction, employment stability, working environment satisfaction, work content satisfaction, and overall job satisfaction. Demographic variables included sex, age, education level, household total asset and job characteristics variables include occupational status, industry, occupation, weekly working hours, and regularity of working hours. Job recognition related variables are the appropriateness of working hours, education-job match, skill-job match, physical job demands, cognitive job demands, and reasons for continuing work.…

FAKTOR–FAKTOR YANG MEMPENGARUHI HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR SEKTOR PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2018-2020

This study aims to examine the effect of earnings per share (EPS), dividend per share (DPS), and return on assets (ROA) variables on stock prices of mining sub-sector manufacturing companies were listed on the Indonesian stock exchange in 2018-2020. The sample consisted of 11 mining companies with data published on the Indonesian stock exchange. This study uses panel data from as many as 33 observations with panel data regression estimates with a fixed-effect model assisted by the E-views 10 program. The results showed that the EPS and ROA variables did not affect stock prices while DPS affected stock prices.

Faktor-faktor yang mempengaruhi penjualan umkm berbasis ekonomi kreatif di Kota Jambi

This study aims to analyze the factors that influence the sales of MSMEs based on the Creative Economy in Jambi City. This research was conducted in Jambi City from July to September 2020. The selection of research locations was carried out purposively by choosing one of the creative economy-based SMEs in Jambi City, namely the food creative industry. The data used are primary data and secondary data and analyzed using multiple linear regression analysis. The results of this study indicate that the t value of the credit variable is 3.812 < t table 1.665 so that H0 is rejected and H1 is accepted. If viewed from the MSME credit Prob of 0.000 because Prob > 0.05 then H0 is rejected and H1 is accepted. This shows that credit has an effect on sales of MSMEs in Jambi City. The t value of the asset variable is 2.271 < t table 1.665 so that H0 is rejected and H1 is accepted. If viewed from the asset Prob of 0.025 because Prob > 0.05 then H0 is rejected and H1 is accepted. This shows that assets have an effect on the sales of MSMEs in Jambi City. While the t value of the Initial Capital variable is 0.507 and the t table is 1.665 so that the value of t count < t table, it means that H0 is accepted and H1 is rejected. If viewed from the Prob of R of 0.613 because Prob> 0.05 then H0 is accepted and H1 is rejected. This shows that initial capital has no significant effect on sales of MSMEs in Jambi City.

Livelihood strategies of women entrepreneurs in Indonesia

Women entrepreneurship is an essential source of economic growth and sustainable development. This study aims to identify the relationship between the five variables of pentagon assets in Sustainable Livelihoods to investigate the survival strategy of women entrepreneurs during COVID-19 in Indonesia. Furthermore, this study aims to build an integrative Women Entrepreneur’s Sustainable Livelihoods model based on volatility, uncertainty, complexity, and ambiguity (VUCA). This study uses Mixed-Methods Investigation by combining the Partial Least Square (PLS) and Group Discussion Forum (FGD). PLS examines the relationship element of women entrepreneurs to build a business strategy and The FGD to support the Livelihoods strategies Model. The purposive sampling technique took the sample of 155 women entrepreneurs (PLS) dan 14 participants (FGD) that matched the sample criteria. The findings demonstrated that women entrepreneurs' livelihood strategies positively linked to their ability to build survival strategies. Second, an integrative model of sustainable livelihood for women entrepreneurs based on the VUCA as an attempt by entrepreneurs to maintain their business during the COVID-19 pandemic. Women entrepreneur sustainability business-based integrative sustainable livelihood model is a solution for women entrepreneurs to survive and develop their businesses. Ability to access five elements of sustainable livelihood Pentagon Assets in Sustainable livelihoods 1) Human Capital; 2) Social Capital; 3) Financial Capital; 4) Physical Capital 5) Intellectual Capital has a positive relationship to the ability to create a business strategy based on VUCA. This integrative Model, compiled based on livelihood strategies and VUCA, can be applied as a survival strategy in women entrepreneurs' businesses dealing with various uncertainties.

Menalar Indikator yang Berkorelasi Terhadap Penerapan Tax Haven

This study uses the variables of transfer pricing, intangible assets, management compensation, and multinational companies to focus on the factors that influence the use of tax havens. This study aims to determine the determinants of the use of related companies in tax havens, specifically this study uses secondary data, namely the annual reports of all non-financial companies listed on the Indonesia Stock Exchange and subsidiaries listed in tax havens. 2017. This is a quantitative study using multiple regression analysis. The results of this study indicate that active transfer pricing activities and management compensation have a positive impact on the utilization of related companies in tax havens. The high activity of intangible assets and multinational companies does not have a significant impact on the utilization of related companies in the tax haven. The results of this study are to determine the indicators of the use of companies associated with taxpayers. Based on the results of the delay test, it is concluded that the operation of violent price transfers and management compensation has a positive effect on the use of affiliated companies in tax havens. The high performance of intangible assets and international companies has no significant impact on the use of affiliated companies in tax havens. The results of this study indicate the effect of transfer prices and management on the use of affiliated companies in tax havens. The results of this study can create a map of the company's behavior identified in the tax relationship

Model Analisis Pengaruh Aktiva dan Hutang Terhadap Kinerja Keuangan Dengan Laba sebagai Variabel Moderasi pada Perusahaan Sub Sektor Food And Baverages di Bursa Efek Indonesia Periode 2016-2020

Financial performance is an analysis conducted to see the extent to which a company has implemented by using financial implementation rules properly and correctly. This study aims to explore and prove the effect of asset and debt variables on the company's financial performance with the profit variable as a factor that strengthens or weakens the relationship between these variables. The independent variables in this study are assets and debt as independent variables with financial performance as the dependent variable and profit as a moderating variable. The performance of listed companies in the food and beverage sub-sector which has a large and significant difference and fluctuated during the study period. This research uses SEM (Structural Equation Modeling) analysis based on component or variance, namely Partial Least Square (PLS). The results of the study show 1) The asset variable has no effect on the financial performance variable in the food and beverage sub-sector companies on the Indonesia Stock Exchange for the period 2016 - 2020. 2) The debt variable has no effect on the financial performance variable. 3) The profit variable is able to moderate the relationship between the asset variable and the financial performance variable and has a positive direction (strengthening) its influence on financial performance. This moderating variable can be classified into predictor moderation where the profit variable has an effect on the financial performance variable, while the moderating effect 1 has no effect on the financial performance variable. 4) The profit variable is able to moderate the relationship between the debt variable and the financial performance variable and has a positive direction (strengthening) its influence on financial performance. This moderating variable can be classified into predictor moderation where the profit variable has an effect on the financial performance variable, while the moderation effect 2 has no effect on the financial performance variable.

Analisis Tingkat Pertumbuhan Bank Syariah di Indonesia

The Islamic economy in Indonesia continues to grow rapidly. This growth cannot be separated from the role of many institutions that run with sharia principles, especially Islamic banking. This study has the purpose of analyzing the growth rate of Islamic banks in 2017-2019. The method used is Multiple Linear Regression to determine the growth of Islamic banking in Indonesia. This study uses the variables of assets, third-party funds, profit for the year, and financing. This study uses quarterly time-series data from the first quarter of 2017 to the fourth quarter of 2019 and is obtained from the Islamic Banking Statistics data of the Financial Services Authority. The results of this study, namely the variables of assets, financing, profit for the year, and third-party funds affect the growth rate of Islamic banks in Indonesia. Assets and profits for the year have a significant positive effect, while financing and third-party funds have a negative effect on the growth of Islamic banks in the 2017-2019 period. During that period, the growth of Islamic banks in Indonesia fluctuated but growth in each variable increased.

Analisis Pertumbuhan Aset, Dana Pihak Ketiga dan Pembiayaan Perbankan Syariah Pasca Covid-19

Introduction/Main Objectives: This research aims to analyze the growth of asset variables, third party funds and financing distributed by sharia banking in the post-Covid-19 pandemic period. Research Methods: The method used in this research is descriptive qualitative using secondary data from OJK sharia banking statistical reports. Finding/Results: The results of this research indicate that assets, third party funds and total financing disbursed by sharia banking continue to experience positive growth in the post-Covid-19 pandemic period. At the end of 2022, sharia banking recorded asset growth of 15.63% (yoy), growth in third party funds of 12.93% (yoy), and growth in disbursed financing of 20.44% (yoy). Conclusion: This growth indicates that public trust in sharia banking is increasing and sharia banking is able to survive the crisis caused by the Covid-19 pandemic.

Pengaruh Rasio Return On Asset & Return On Equity terhadap Harga Saham Perusahaan Sub Sektor Perkebunan di Bursa Efek Indonesia Periode 2016-2020

The purpose of this study is to find out and analyze how the effect of return on asset ratio (ROA) and return on equity ratio (ROE) simultaneously on stock prices in Plantation Sub-Sector Companies for the Period 2016-2020. To find out and analyze how the effect of return on asset ratio (ROA) and return on equity ratio (ROE) partially on the stock price in Plantation Sub-Sector Companies for the Period 2016-2020. In this research design is a descriptive design that is a study that is an exposure to the variables studied and the dependence of sub-variables. In this study the study using descriptive design involves quantitative data equipped with qualitative data. The object of the research used in this study is the plantation industry listed on the Indonesia Stock Exchange (IDX). The reason the author uses the plantation industry as an object of research is because in Indonesia Plantation has a very wide market share which is one of the largest foreign exchange distributors for the country so that it can provide a significant role for the Indonesian economy. From the values of the coefficient obtained the following linear regression equation: Log Y = 3,966 + 2,403 X1 – 2,580 X2 + e. The regression coefficient of the return on asset (X1) variable of 2,403 means that the return on asset (X1) has a positive effect on the stock price. This indicates that if the return on asset (X1) increases by 1%, then the stock price will increase by 2,403.The value of the variable regression coefficient of return on equity (X2) 2,580 gives the sense that the return on equity (X2) negatively affects the stock price. This indicates that if the return on equity (X2) increases by 1%, then the stock price decreases by 2,580%. Simultaneously return on asset and return on equity have a significant effect on the stock price of 0.425 this figure shows that variable return on asset (X1) and return on equity (X2) can explain the change in stock price profit of 42.5 instead of 57.5% caused by other variables outside of this study.

ANALYSIS OF THE EFFECT OF DIVIDEND PAYMENTS, GLOBAL FINANCIAL CRISIS, INTERNAL FINANCE, AND EXTERNAL FINANCE ON COMPANY SALES GROWTH IN INDONESIA

This study aims to determine the effect of dividend payments, the global financial crisis, internal finance, and external finance on the company's sales growth in Indonesia. There are several control variables such as size, leverage, profitability, and past growth assets. The reason for taking this research sample in Indonesia is because Indonesia is one of the developing countries whose economy is currently growing even though it is being hit by the Covid 19 pandemic. Investment is a good climate in Indonesia for sales growth. And also still few studies describe this research. The sample used is the consumer goods sector companies listed on the IDX for the 2016-2020 period as many as 21 companies selected using purposive sampling technique. This study uses panel data regression analysis and moderated regression analysis (MRA). The results showed that dividend payments influenced the company's sales growth. Meanwhile, the variables of the global financial crisis, internal finance and external finance had no effect on the company's sales growth. Then the variables of size, leverage, profitability, and past assets as control variables have no effect on the company's sales growth as control variables.

PLS algorithm for estimating quality rural electricity on household income in Tanzania

PurposeThis paper aims at discussing the impact of quality electricity on household income (HI) in rural areas with complementarities and intermediary resources context.Design/methodology/approachPartial least square-structural equation modelling (PLS-SEM) was used to estimate complex variables of quality electricity (QEC), development assets (DEA) and individual motivation (IMO) on rural HI. Age, education and gender were treated as moderators of antecedents for HI whilst household strength (HS) was treated as a mediator.FindingsThe findings show that QEC is an important predictor for HI in rural areas. In similar vein, land, social network, financial and physical resources cannot be undermined in bringing HI on stage. Moreover, IMO is a best complementary for electricity to bear impact on income. In fact, income cannot be equated with one factor; hence, moderating roles of education and gender should be considered.Research limitations/implicationsThe results are limited to QEC, IMO and DEA as key resources which are associated with HI.Practical implicationsThe findings should be twinned with rural development policy. There must be a multi-dimensional approach in diversifying development resources to the rural people for aggregated benefits.Social implicationsThe rural communities remain in dire need of electricity which is a precious resource for income generation. Electricity works better with other resources.Originality/valuePrevious scholars have inferred HI in relation to electricity. Income is a function of many resources. This study inculcated complementaries and intermediaries along QEC. Unique PLS-SEM was used in rethinking some of the rethinking of QEC–income relationships.

PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO DAN RETURN ON ASSETS TERHADAP HARGA SAHAM SEKTOR KIMIA YANG TERDAFTAR DI BEI

The orientation of this research is to be able to carry out analysis and also testing for the Debt to Equity Ratio, Current Ratio, and Return On Assets variables on the chemical sector stock price variables listed on the Indonesia Stock Exchange. For this study, the technique of collecting research data was found to be successful using purposive sampling and the number of samples was 17 companies from 73 populations. Chemical sector companies listed on the Indonesia Stock Exchange (IDX). For this research, the analytical model used is multiple linear regression. The results of this test test that the value of the R-square is worth 0.070, this indicates that there is a relationship involving business risk, capital structure, firm size, and firm value of 7.0%. The value of Adjusted R Square is 0.035. These results explain that the variables of firm size, capital structure, and also business risk can predict or clarify the firm value variable of 3.5%. For the test results, that the value of Fcount is higher than Ftable (4.036 > 2.73), with this, the independent variables of DER, CR and ROA simultaneously have an effect on stocks for chemical sector companies. Meanwhile, for the partial test, the Return on Assets is 0.38 which means that the independent variable has an influence on the Stock Price variable for Chemical Sector companies.
 Keywords: Current Ratio, Debt to Equity Ratio, Return On Assets and Stock Price.

Financial Performance Comparison between State-Owned Commercial Banks and Islamic Banks in Bangladesh

In this modern era of banking, state-owned commercial banks and Islamic banks have been playing an evolving induct for a country’s economic acceleration, like Bangladesh. Current research aims to assess and assimilate the financial performance of Islamic banks and state-owned commercial banks in Bangladesh. For this study, researchers assemble secondary data from the annual reports of five Islamic banks and five state-owned commercial banks from 2015 to 2019. Researchers employed panel data for analyzing and determining the significant determinants of the banks’ performance to compare. As a measure of profitability, Return on Equity (ROE) has been considered as a dependent variable whereas the total asset, capital, capital adequacy ratio, liquidity, credit to deposit, Gross Domestic Product (GDP), and inflation are considered as independent variables. The findings of this study reveal that total asset, capital adequacy, and liquidity variables affect Islamic banks momentously whereas state-owned commercial banks are momentously affected by total asset and liquidity. But credit to deposit has no significant effect on both categories of banks. From these viewpoints, Islamic banks have a greater ability to influence the ROE than that of state-owned commercial banks and in terms of financial performance; Islamic banks are categorized as better-performing banks. Keywords: Islamic banks, State-owned commercial banks, Financial performance, Return on equity (ROE), Bangladesh