Companies In Consumer Goods Sector Research Articles

Determinants of Firm Value: Empirical Evidence from The Primary Consumer Goods Sector Companies

Investor decisions to invest in a company are partially influenced by the company's value. Investors are increasingly attracted to companies that can generate sustainable profits, ultimately enhancing the company's value. This study aims to analyze the influence of intellectual capital, profitability, leverage, and asset turnover on company value, using a sample of companies listed on the Indonesia Stock Exchange in the primary consumer products sector between 2017 and 2021. Using purposive sampling, 61 companies were selected as samples. With observations over 5 years, a total of 305 data observations were obtained. Multiple linear regression analysis was applied to secondary data sourced from the financial accounts of the selected organizations. The correlational relationship between the dependent variable and the regressors was determined by analyzing the data obtained using SPSS tools. The study results indicate that intellectual capital does not affect company value, profitability, and asset turnover positively affect company value, but leverage negatively affects company value. The positive impact of profitability and asset turnover indicates that an increase in these factors will enhance the company's value. Conversely, the negative impact of leverage suggests that an increase in leverage will decrease the company's value.

Tobin's Q dan Determinannya: Studi Empiris

This research aims to analyze factors that influence firm value, including profitability, leverage, liquidity and firm size. Research on 56 Primary Consumer Goods Sector Companies in Indonesia with an observation period of 2017 to 2021. Data analysis carried out using multiple linear regression shows that profitability has a positive effect while leverage has a negative effect on firm value. This research fails to prove the role of liquidity and company size in explaining changes in firm value.

Why Does Financial Distress Happen to Companies? (Case Study on Primary Consumer Goods Sector Companies Listed on IDX)

Purpose: This research aims to find out how the influence of liquidity, leverage, probability and sales growth on financial distress conditions. The dependent variable in this study is financial distress. Meanwhile, the independent variables are liquidity, leverage, profitability, and sales growth. Method: The population in this study are primary consumer goods sector companies listed on the Indonesia Stock Exchange during 2018-2022. The samples obtained were 16 companies which were selected using purposive sampling method. The analytical tool used is panel data regression analysis with the help of eviews 10 software. Result and conclusion: The results showed that liquidity and leverage are significantly influenced to financial distress, while profitability and sales growth are not significantly influenced to financial distress. The limitation in this study are the independent variables used were only liquidity, leverage, profitability and sales growth, and the research was only conducted on consumer non- cyclical. Future researchers are expected to use another measure for projecting financial distress, to add independent variables and examine companies other than consumer non-cyclicals and increases the observation period in the study. Research implications: The implication of this research is that the company is expected to increase current assets, controlling external loans, increase profitability and increase sales growth to avoid financial distress.

The Effect of Female Directors, Board Size, Independent Commissioners, and Political Connections on Tax Avoidance With Integrated Reporting Quality as a Mediating Variable: Case Study of Non-Cyclical Consumer Goods Sector Companies Listed on Idx 2019-2022

The Effect of Female Directors, Board Size, Independent Commissioners, and Political Connections on Tax Avoidance With Integrated Reporting Quality as a Mediating Variable: Case Study of Non-Cyclical Consumer Goods Sector Companies Listed on Idx 2019-2022

The Effect of Corporate Governance, Sales Growth, and Capital Intensity on Tax Avoidance

This study aims to determine the effect of corporate governance on tax avoidance, the effect of sales growth and the effect of capital intensity on tax avoidance in pharmaceutical manufacturing companies in the consumer goods sector listed on the IDX in 2020-2022. This study uses quantitative methods and focuses on hypothesis testing by using numerical variable analysis and statistical data analysis in manufacturing companies in the pharmaceutical consumer goods subsector listed on the Indonesian Stock Exchange (IDX). The type of research data used in this study is secondary data. The analysis method uses descriptive analysis, classical assumption test, and research hypothesis testing with a sample population of 10 companies. The results showed that corporate governance proxy independent board of commissioners has a positive impact on tax evasion, proxy institutional ownership has a negative influence on tax evasion, sales growth has a positive impact on tax avoidance, and capital intensity has a positive influence on tax avoidance from manufacturing companies in the pharmaceutical sector consumer goods sector in 2020-2022.

Pengaruh Kebijakan Dividen, Leverage, Volume Perdagangan, Dan Nilai Tukar Rupiah Terhadap Harga Saham Khususnya Pada Sektor Consumer Goods Yang Tercatat Di Bursa Efek Indonesia

Investment is an activity to invest in a company, with the hope of providing benefits in the future. To choosing a company, an investor needs to consider several things to determine his decision. This study aims to determine the effect of dividend policy, leverage, trading volume and exchange rate on stock prices. The population of this research is 66 non-cyclical consumer goods sector companies listed on the Indonesia Stock Exchange in the 2018-2020 period. The method of determining the sample used is the purposive sampling method, with several predetermined criteria, the samples is 27 companies in the non-cyclical consumer goods sector. The research data used is secondary data with multiple linear regression analysis techniques. The results show that dividend policy, leverage and trading volume have a significant effect on stock prices, while exchange rate have no significant effect on stock prices. Simultaneously dividend policy, leverage, trading volume and exchange rate affect stock prices

The Effect of Financial Performance on Stock Returns in Consumer Goods Sector Companies Listed on The Indonesia Stock Exchange for the 2016-2021 Period

This research aims to analyze and examine the factors that influence the stock return of the consumer goods sector listed on the Indonesia Stock Exchange. The research data is annual data for the observation period from 2016 to 2021 obtained from the company's annual report. The sampling method used was purposive sampling. From 57 companies as a population, 15 companies were taken as samples. Then based on the Chow test and Hausman test, the data analysis method used in this study is panel data regression with Fixed Effect Mode. The results of the study have shown that Return on Assets has a positive effect on stock returns, Debt to Assets ratio has a negative effect on stock returns, while current ratio, Total Asset turnover, and Size have no effect on stock returns

Factors Affecting Stock Prices In Jakarta Islamic Index (JII) For The Period 2018-2020

The stock price of a company reflects the value of the company, the higher the share price of a company, the better the value of the company in the eyes of investors and vice versa. Stock Indices or Indices.The purpose of this study is to simultaneously and partially examine the effect of Earning Per Share, Return On Equity and Gross Domestic Product on stock prices in Consumer Goods sector companies listed in the Jakarta Islamic Index (JII) for the 2018-2020 period. This research uses quantitative research methods. This type of research is secondary data research. The sampling technique in this study uses the Purposive Sampling technique which is a sampling technique using certain considerations, where based on the selected sample there are 4 companies that are sampled, namely Indofood CBP Sukses Makmur Tbk., Indofood Sukses Makmur Tbk., Kalbe Farma Tbk., and Unilever Indonesia Tbk. Data analysis method used is the panel data regression analysis method.

Working Capital Management on Profitability with Company Size as Moderating Variable in Primary Consumer Goods Sector Companies

Working Capital Management on Profitability with Company Size as Moderating Variable in Primary Consumer Goods Sector Companies

Working Capital Management on Profitability with Company Size as Moderating Variable in Primary Consumer Goods Sector Companies

Working Capital Management on Profitability with Company Size as Moderating Variable in Primary Consumer Goods Sector Companies

Pengaruh corporate social responsibility, capital expenditure, keputusan investasi dan leverage terhadap nilai perusahaan pada perusahaan sektor consumer goods yang terdaftar di Bursa Efek Indonesia tahun 2016-2019

The purpose of this study was to examine the effect of Corporate Social Responsibility, Capital Expenditure, Investment Decisions, and Leverage on Firm Value in consumer goods industry sector companies listed on the Indonesia Stock Exchange n 2016-2019 period. Firm value show how effective is the firm performance in line with the prosperity of shareholders and perception of investors to the company. This research used a method with a quantitative descriptive approach. The population in this study were the consumer goods companies listed in Indonesia Stock Exchange (IDX) during the period 2016 to 2019 with a total of 40 companies and the sampling technique used purposive sampling and obtained 24 companies in consumer goods sector. Data analysis used multiple linear regression analysis, classical assumption test, the coefficient of determination test, F test and t test. The results of the study show that partially corporate social responsibility, capital expenditure and investment decisions have significant effect on the firm value but leverage have no effect on the firm value. Variable corporate social responsibility, capital expenditure, investment decisions and leverage simultaneously have a significant effect on firm value in consumer goods industry sector listed on Indonesia Stock Exchange in 2016-2019.

The Influence of Capital Structure and Management Quality on Firm Value With Capital Expenditure as Moderating Variable in the Primary Consumer Goods Sector on the Indonesia Stock Exchange

The purpose of this study is to determine the effect of capital structure and management quality on firm value and the effect of capital expenditure as a moderating variable on the effect of capital structure and management quality on firm value. The population in this study is the Primary Consumer Goods Sector Companies on the Indonesia Stock Exchange (IDX) from 2016 to 2020, of which there are 92 companies. The sampling technique is purposive sampling, so the research sample is 59 companies. The analysis stages of this study include descriptive statistical analysis, classical assumption testing, multiple linear analysis, correlation coefficient analysis and determination, hypothesis testing, and moderating regression analysis. The results of the study show that capital structure and management quality have a positive effect on firm value, and capital expenditure has a moderating effect that weakens the effect of capital structure on firm value, while capital expenditure has a moderating effect that strengthens the influence of management quality on firm value.

The Effect of Audit Commitee, Liquidity, Profitability, and Leverage on Dividend Policy in Consumer Goods Sector Companies Listed on the Indonesian Stock Exchange

The Effect of Audit Commitee, Liquidity, Profitability, and Leverage on Dividend Policy in Consumer Goods Sector Companies Listed on the Indonesian Stock Exchange

Pengaruh Enterprise Risk Management, Corporate Social Responsibility, Free Cash Flow dan Leverage Terhadap Nilai Perusahaan pada Perusahaan Sektor Consumer Goods yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2019

The purpose of this study was to examine the effect of Enterprise Risk Management, Corporate Social Responsibility, Free Cash Flow and Leverage on Firm Value in consumer goods industry sector companies listed on the Indonesia Stock Exchange n 2016-2019 period. Firm value shows that the value of all assets owned by company, which can be used as a sign for investors to invest in a company. This research used a method with a quantitative descriptive approach. The population in this study were the consumer goods companies listed in Indonesia Stock Exchange (IDX) during the period 2016 to 2019 with a total of 40 companies and the sampling technique used purposive sampling and obtained 24 companies in consumer goods sector. Data analysis used multiple linear regression analysis, classical assumption test, the coefficient of determination test, F test and t test. The results of the study show that partially corporate social responsibility and free cash flow have significant effect on the firm value but enterprise risk management and leverage have no effect on the firm value. Variable enterprise risk management, corporate social responsibililty, free cash flow and leverage simultaneously have a significant effect on firm value in consumer goods industry sector listed on Indonesia Stock Exchange in 2016-2019.

Pengaruh Debt to Equity Ratio, Gross Profit Margin, Perputaran Piutang, dan Return on Equity terhadap Nilai Perusahaan pada Perusahaan Consumer Goods di Bursa Efek Indonesia Tahun 2018 – 2020

The purpose of this research is to analyze the effect of the Debt to Equity Ratio (DER), Gross Profit Margin (GPM), Accounts Receivable Turnover (PP), and Return on Equity (ROE) have on the value of existing companies as Consumer Goods companies on the Indonesia Stock Exchange ( IDX) in 2018-2020. This research will use a quantitative approach. The population is the Consumer Goods sector companies listed on the Indonesia Stock Exchange in 2018-2020, totaling 57 companies. Sampling using purposive sampling method, and resulted in a number of 31 companies. By using analysis technique with multiple linear regression test.The results of this research show that the Debt to Equity Ratio (DER) is not partially affected by the value of consumer goods companies listed on the Indonesia Stock Exchange in 2018 - 2020. Gross Profit Margin (GPM) is partially affected by the value of consumer goods companies listed on the Stock Exchange. Indonesia in 2018 - 2020. Accounts Receivable Turnover (PP) has no partial effect on the value of consumer goods companies listed on the Indonesia Stock Exchange in 2018-2020. Return on Equity (ROE) has no partial effect on the value of consumer companies goods that have been listed on the Indonesia Stock Exchange in 2018-2020. Debt to Equity Ratio, Gross Profit Margin, Accounts Receivable Turnover, and Return on Equity are very influential simultaneously on the value of consumer goods companies listed on the Indonesia Stock Exchange in 2018 - 2020.

The Effect of Financial Performance on the Stock Return of Consumer Goods Sector Companies

This type of research is called comparative causal research. The population of this study is consumer goods companies for the period 2016-2020. Samples were taken using a purposive sampling technique. The sample consisted of 6 companies from 16 consumer goods companies listed on the Indonesia Stock Exchange in 2017-2020 so the research data analyzed amounted to 30. The data collection method used was documentation. The data analysis techniques used are descriptive statistics, classical assumption tests, and multiple linear regression analysis. Based on hypothesis testing using the t-test, it is concluded that the current ratio has a positive but not significant effect on stock return, the return on assets has a negative and insignificant effect on stock return, and the debt-to-equity ratio has a negative and insignificant effect on stock return.

Financial Performance analysis of companies in the primary consumer goods sector before and during Covid-19

This study was conducted to find out whether there are differences in the financial performance of the Primary Consumer Goods Sector Companies before and during the Covid-19 outbreak. This study uses a probability sampling technique called the Slovin formula to determine the number of samples, the final result obtained is 72 samples of companies. The research period is one year before Covid-19 (2nd quarter of 2019 to 2nd quarter of 2020) and one year during Covid-19 occurs (2nd quarter of 2021 to 2nd quarter of 2022). Data processing in this study uses SPSS 28 with the Wilcoxon signed-rank test analysis technique. The results in the study state that there are differences for profitability and activity variable, while for liquidity and solvency variables shows that there are no differences before and during Covid-19.

Capital Structure and Its Determinants Study on Consumer Goods Sector Companies on the Indonesian Stock Exchange

This study aims to examine the factors that influence the capital structure as measured by the debt to equity ratio. The factors that are thought to influence the capital structure are asset structure as measured by fixed assets to total assets, profitability measured by return on assets, business risk as measured by degree of operating leverage, company size and sales growth. The population in this study, namely companies in the consumer goods industry sector listed on the Indonesia Stock Exchange, took a sample of 30 companies using a purposive sampling technique, with an observation period of 3 years (2019-2021). Data were analyzed using panel data regression analysis. After testing the model, it was found that the fixed effect model was the best model. The results of the research using the fixed effect model showed that the asset structure and firm size had a positive and significant effect on capital structure. Profitability has a significant but negative effect on capital structure. Meanwhile, business risk and company growth have no effect on the capital structure.

Analysis Of Factors Affecting The Profitability In Consumer Goods Sector Companies Listed On The Indonesia Stock Exchange In 2015-2020 Period

This study examines factors that affect profitability in the consumer goods sector listed on the Indonesia Stock Exchange (IDX) for the 2015-2020 period. In this study, the population are consumer goods sector companies listed on the Indonesia Stock Exchange for the 2015-2020 period. The technique used purposive sampling that obtained as many as 19 companies for the research objects. The independent variable in this study is Return On Assets (ROA). In contrast, the independent variables are Current ratio (CR), Debt to equity ratio (DER), Total Asset Turnover (TATO), Working Capital (WC), Sales Growth (Grow), Size Company (Firm Size), World Oil Price (Oil Price), and Exchange Rate. The test method to determine the effect of the independent variable on the dependent variable is the panel data regression analysis method which is processed using E-VIEWS 12. Based on the results of simultaneous research, it is known that CR, TATO, GROW have a significant positive effect on profitability (ROA), WC and FIRM Size has a negative and significant impact on profitability (ROA), while DER, Oil Price and Exchange Rate (Exchange) do not have a substantial effect on profitability (ROA).

Analysis Of Factors Affecting The Profitability In Consumer Goods Sector Companies Listed On The Indonesia Stock Exchange In 2015-2020 Period

This study examines factors that affect profitability in the consumer goods sector listed on the Indonesia Stock Exchange (IDX) for the 2015-2020 period. In this study, the population are consumer goods sector companies listed on the Indonesia Stock Exchange for the 2015-2020 period. The technique used purposive sampling that obtained as many as 19 companies for the research objects. The independent variable in this study is Return On Assets (ROA). In contrast, the independent variables are Current ratio (CR), Debt to equity ratio (DER), Total Asset Turnover (TATO), Working Capital (WC), Sales Growth (Grow), Size Company (Firm Size), World Oil Price (Oil Price), and Exchange Rate. The test method to determine the effect of the independent variable on the dependent variable is the panel data regression analysis method which is processed using E-VIEWS 12. Based on the results of simultaneous research, it is known that CR, TATO, GROW have a significant positive effect on profitability (ROA), WC and FIRM Size has a negative and significant impact on profitability (ROA), while DER, Oil Price and Exchange Rate (Exchange) do not have a substantial effect on profitability (ROA).