Company's Official Website Research Articles

Pengaruh Slack Resources, Profitabilitas, dan Media Exposure terhadap Pengungkapan Corporate Social Responsibility

The purpose of this study is to determine the effect of slack resources, profitability, and media exposure on corporate social responsibility disclosure (study of companies listed on the kompas 100 index in 2018-2021). This research is descriptive and verification research. The population in the study totalled 100 companies listed in the Kompas 100 Index for the 2018-2021 period. In this study, the data analysis used a panel data regression model and was processed using Eviews 12 software. The results of this study, namely the value of corporate social responsibility disclosure, show that the majority of Kompas 100 Index companies in 2018-2021 do not have a good level of CSR disclosure. Slack resources as measured using Short Term Slack which is calculated using the value of cash and cash equivalents during 2018-2021 according to research observations, the majority of companies are quite efficient in receiving cash and cash equivalents. Profitability as measured using ROA during 2018-2021 according to research observations, the majority of companies have not used assets efficiently enough to generate profits. Media exposure according to research observations, the majority of Kompas 100 Index companies in 2018-2021 have disclosed corporate social responsibility activities on the company's official website. Based on simultaneous hypothesis testing, it is concluded that the slack resources, profitability, and media exposure variables have an influence on corporate social responsibility disclosure. Based on the coefficient of determination, the independent variables consisting of slack resources, profitability, and media exposure are able to explain the dependent variable, namely the disclosure of corporate social responsibility by 72.33%. Based on partial hypothesis testing, the results obtained Slack resources, Profitability, Media Exposure have a positive effect on the disclosure of corporate social responsibility.

Мethodological principles for assessing the transparency of energy companies of Ukraine

In modern conditions, the Concept of Sustainable Development has become a mandatory component of the strategy of any enterprise. This is facilitated by many factors, the main of which is the increasing of sustainable companies’ competitiveness because of improvement of stakeholders` attitude towards the company, which causes both increasing of the demand and increasing of its investment attractiveness. Sustainable Development Goal (SDG) 7 occupies a special place among all goals of sustainable development, because on the one hand, most of the SDGs can be implemented exclusively with the provision of energy, on the other hand, the energy sector is traditionally one of the main sources of environmental pollution, which can be significantly reduced by transition to renewable energy. The relevance of the study is also connected with the crucial need to restore the energy infrastructure of Ukraine destroyed during the invasion by the aggressor country; the investment process can only take place under the conditions of transparency of the investment objects. This study is aimed toward formation of methodological principles of Ukrainian energy companies` transparency evaluating. Based on foreign authors works studying the authors propose the mechanism for calculating the integral indicator of transparency of energy companies of Ukraine, which includes four groups of factors (CSR factors, ESG factors, SD factors, assessment of the fight against corruption). Each factor is evaluated using binary evaluations based on studying of public information of companies (management reports, integrated reports, information on the company's official website). The use of the proposed methodological principles will contribute to increasing the transparency of companies in the energy sector of Ukraine, which should significantly accelerate the attraction of investments for the restoration of the energy infrastructure destroyed during military operations.

Analisis Akuntansi Kombinasi Bisnis Dengan Konvergensi Ifrs Pada Laporan Keuangan PT Garuda Indonesia Persero (Tbk)

This study aims to analyze business combination accounting with IFRS convergence in the financial statements of PT Garuda Indonesia Persero (Tbk). The research method used in this research is qualitative method, with content analysis as the data analysis technique. This research is based on the results of a review of the PT Garuda Indonesia Persero (Tbk) financial statement in 2010, 2011, 2015 and 2018, which were taken from the company's official website. The results of the study show that PT Garuda Indonesia Persero (Tbk) has complied in applying the PSAK 22 business combination accounting standards (revisions 2010, 2015 and 2018) which have converged well with IFRS in its financial statements. This research can provide an important contribution for the stakeholders to assess company compliance with applicable accounting reporting standards.

Profitability Analysis during the covid-19 and post-covid-19 periods at PT. KMI WIRE AND CABLE Tbk

The purpose of this study was to test company profitability during the covid-19 and post-covid-19 periods at PT KMI Wire and Cable Tbk. This data is obtained from the company's official website which is referenced from the Indonesian stock exchange page. The data was also confirmed through operational employees working at PT KMI Wire and Cable Tbk, for the 2019-2021 period. This type of research is descriptive and the data source used is secondary data. The research results show that the company's profitability experienced a shock during the Covid-19 pandemic, and after that difficult period, the company recovered and grew again. This is shown from the ratio of profitability to company performance in the period 2019 to 2021

Acceptance Mechanism of Unspecified Time Workers at PT. Surya Agro Persada based on Applicable Law

If the worker has undergone a Certain Time Work Agreement (PKWT) 2 times and an extension of 1 time, on the basis of the evaluation of the worker who is assessed by his supervisor or the head of the department to be eligible, it can be proposed to become an Indefinite Time Work Agreement or in other terms, namely Permanent Workers. In this study, the author uses a type of research, namely empirical juridical, namely by collecting primary and secondary data in the library then continued with field research (field rescarch) to collect primary data directly from the community. The results of this study concluded that the Indefinite Time Worker Acceptance Mechanism Applicants who apply for leadership positions can directly at PT. Surya Agro Persada which directly becomes PKWTT and Selection decision The decision by the direct supervisor or by the Human Resources Department on the decision to accept workers marks the end of the selection process. Decisions are usually submitted by phone, the company's official website or by e-mail. After the decision is received, the prospective workforce will be accepted as workers. The employment agreement is regulated in Law Number 13 of 2003 concerning employment. Article 1 number 14 work agreement as an agreement between labor workers and employers or employers who have work conditions, rights, and obligations of the parties. Indefinite Time Work Agreement (PKWTT) is an agreement between workers and employers, where the period is not specified either in the agreement, law or custom, or occurs legally due to the employer's violation of legal provisions.

Pengaruh Ukuran Perusahaan, Leverage dan Tipe Industri terhadap Carbon Emission Disclosure: Studi Empiris Pada Perusahaan Non Industri Jasa yang Terdaftar di BEI Tahun 2018-2020

This study aims to determine the effect of company size, leverage and industry type on carbon emission disclosures. To measure the extent of disclosure of carbon emissions by companies in Indonesia, the researcher uses a checklist developed based on the information request sheet provided by the carbon emission disclosure project.This research is a type of causal associative research with the type of data used is quantitative data. The population in this study are non-service industry companies listed on the Indonesia Stock Exchange for three years, from 2018-2020. The sampling method used was purposive sampling method and the samples obtained were 48 samples that met the criteria. The data used are financial statements and company annual reports, research samples obtained from the company's official website and the official website of the Indonesia Stock Exchange (www.idx.co.id). The data analysis technique applied is multiple linear regression analysis. The results showed that partially the size of the company had a positive and significant effect on carbon emission disclosures, leverage had no and insignificant effect on carbon emission disclosures and the type of industry had a positive and significant effect on carbon emission disclosures.

KAJIAN IMPLEMENTASI PSAK NO. 46 MENGENAI PAJAK PENGHASILAN DALAM PERSEPKTIF PENGUKURAN, PENGAKUAN, PENYAJIAN DAN PENGUNGKAPAN ATAS FINANCIAL STATEMENT PT. CHANDRA ASRI PETROCHEMICAL RENTANG WAKTU 2020-2022

One of the biggest sources of state revenue comes from taxes. Tax is an obligation that must be paid by citizens every year. One source of state revenue in the tax sector comes from income taxes. PSAK 46 is the basis for the accounting treatment of income tax which regulates the measurement, recognition, presentation and disclosure and liability of tax consequences in future periods. PT. Chandra Asri Petrochemical Tbk is the most popular petrochemical producing company in Indonesia which in 2022 received an award for the best tax payment category by KPP Big Two Taxpayers. The research uses descriptive techniques with a case study style that provides an explanation of the implementation of PSAK No. 46 in the financial statements obtained by accessing it on the website of the Indonesia Stock Exchange (IDX), namely https://www.idx.co.id/ and the company's official website. The results of the study show that the financial statements of PT Chandra Asri Petrachemical have been prepared and carried out by the four perspectives in the Financial Accounting Standards (SAK) with the provisions of PSAK No. 46 and there is no change in the four aspects of SAK every year.

ANALISIS PENGUNGKAPAN INTERNET FINANCIAL REPORTING PADA PERUSAHAAN SUBSEKTOR FARMASI DI INDONESIA

Disclosure of Internet Financial Reporting (IFR) makes it easy for users or interested parties to find financial information through the company's official website. This study aims to reveal the effect of profitability, leverage, and company size on Internet Financial reporting disclosure in the pharmaceutical subsector in Indonesia. The population of this research is all pharmaceutical sub-sector companies that are on the Indonesia Stock Exchange until 2021. The sampling technique used in this study is using the Purposive Sampling method with an observation period from 2019 to 2021. The sample data is then analyzed using multiple linear regression analysis using SPSS 27.0. The results of the analysis of this study are that the Leverage and Firm Size variables influence IFR, while the Profitability variable does not influence IFR. Meanwhile, the independent variables used in the study simultaneously affect IFR.

SIANTAR TOP AND HALAL AS COMPANY MISSION

This study aims to see halal as the company mission of PT Siantar Top Tbk. The qualitative approach in this research is a case study at PT Siantar Top Tbk. by using content analysis techniques in annual reports and the company's official website. The results show that halal is the direction of concern for management policies and impression management of the company. This research has the implication that halal is part of corporate social responsibility towards society and the environment.

ANALYSIS OF FINANCIAL DISTRESS USING THE ALTMAN Z-SCORE MODEL IN PT SIDO MUNCUL TBK IN THE PERIOD 2020-2022

This research aims to analyze the potential for financial distress in PT Sido Muncul Tbk for the 2020-2022 period by using five financial variables in the Altman Z-Score model. The variables are Working Capital to Total Assets (X1), Retained Earnings to Total Assets (X2), Earnings before Interest and Taxes to Total Assets (X3), Market Value of Common and Preferred Stock to Book Value of Total Debt (X4), and Sales to Total Assets (X5). This research is quantitative with secondary data sources of PT Sido Muncul Tbk. The research data used are annual financial reports for 2020-2022. The annual financial report from the company's official website and the website of the Indonesia Stock Exchange (IDX). This study used the Altman Z-Score method to analyze financial distress in companies. The result is PT Sido Muncul Tbk’s increase in the Z-Score value every year with a Z-Score value > 2.99 for 2020-2022. Based on the cut-off point of the Altman Z-Score method for PT Sido Muncul Tbk is in a safe zone. A company with a safe zone is one that the company is a good financial condition and has great potential in developing its business and getting more advanced in business activities over the next few years.

Corporate Governance, Profitabilitas, dan Nilai Perusahaan

The purpose of this study was to analyze the effect of corporate governance on firm value, analyze the effect of profitability on firm value, and analyze the effect of mediating profitability on the relationship between corporate governance and firm value. The population of this study are manufacturing companies listed on the Indonesia Stock Exchange in 2020. The sampling technique uses a purposive sampling method with the criteria for companies listed on the Indonesia Stock Exchange and annual reports available on the company's official website. The sample of this research is a company that is included in the consumer goods industry sector, totaling 50 companies. The data source in this study is secondary data obtained from the IDX website and the company's official website. The data analysis technique in this study used the Partial Least Square (PLS) SEM method with the help of SmartPLS 3.0 software. The results of the study show that corporate governance has a significant positive effect on firm value. Meanwhile, corporate governance has no significant effect on company profitability, and profitability has no significant effect on firm value. Profitability is not able to mediate the relationship between the influence of corporate governance on firm value.

Sustainability Disclosure from Capital Structure and Firm Size: Does Independent Commissioner Matter?

This study examines whether capital structure and firm size affect sustainability disclosure. In addition, this study also examines the moderating role of independent commissioners in the relationship between the independent and dependent variables. This study employs data from financial statements, annual reports, and sustainability reports of consumer goods industry companies listed on the Indonesia Stock Exchange from 2017 to 2020. The data sources are derived from www.idx.co.id and www.idnfinancial.com and the company's official website. Based on purposive sampling, the total sample used in this study is 148 observations. Hypothesis testing is done by using multiple linear analyses for panel data. The results suggest that capital structure is not associated with sustainability disclosure, while firm size is positively associated with sustainability disclosure. This study also finds that independent commissioners fail to weaken the negative effect of capital structure on sustainability disclosure nor the positive effect of firm size and sustainability disclosure. This study has complemented the literature on the importance of sustainability disclosure as nonfinancial disclosure in the financial accounting research context.

Pengaruh Rasio Likuiditas, Solvabilitas Dan Aktivitas Terhadap Pertumbuhan Laba Pada Perusahaan Sub Sektor Otomotif Yang Terdaftar Di Bei

Pengaruh Rasio Likuiditas, Solvabilitas Dan Aktivitas Terhadap Pertumbuhan Laba Pada Perusahaan Sub Sektor Otomotif Yang Terdaftar Di Bei

Pengaruh Kebijakan Utang, Good Corporate Governance, Cash Holding, Dan Sales Growth Terhadap Nilai Perusahaan (Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia (BEI) Tahun 2018-2021)

The purpose of this study was to determine the effects of debt policy, good corporate governance, cash holding, and sales growth on the value of the company. The method used in this research is a quantitative method through secondary data in the form of financial information of manufacturing companies listed on the Indonesia Stock Exchange starting in 2018 until 2021. Data obtained from www.idx.co.id and www.finance.yahoo.com, and the company's official website. The sampling technique used was purposive sampling and this study used a sample of 188 observations. In conducting data testing using analytical methods, namely multiple linear analysis of panel data using eviews 12 software. The results showed that good corporate governance debt policy, and cash holding had no effect on firm value, while sales growth had a positive effect on firm value. 
 Keywords: Debt Policy, Good Corporate Governance, Cash Holding, Firm Value, Sales Growth

Analysis of the Effect of Contribution Income, Claims on Tabarru Funds in the Sharia Business Unit of PT. Prudential Life Assurance Indonesia, 2016-2021

The background of this research is the increase in the number of claims paid by the company so that the large expenditure of company funds has an impact on the tabarru fund reserves. In general, the increasing number of claims paid by the company will have an impact on the tabarru reserve fund, which is feared when contribution income decreases, it indicates that the company's health is getting worse. More expenses than income. The purpose of this study was to determine the effect of Contribution Income and Claims on Tabarru Funds, both partially and simultaneously in the Sharia Business Unit of PT Prudential Life Assurance Indonesia in 2016-2021. This type of research is quantitative research with secondary data types originating from the annual financial reports of the PT Prudential Life Assurance Sharia Business Unit for the period 2016 to 2021 which originate from the company's official website, namely www.prudential.co.id. This research data collection technique uses datatime series with multiple linear regression analysis models to examine the effect of the independent variables on the dependent variable. The results showed that partially Contribution Income has a positive influence on Tabarru Funds with t count (72.09984) positive direction coefficient of 1.079889 with a probability of 0.0000 <t table (0.05). While Claims have a positive influence on Tabarru Funds with t count (2.699611) positive direction coefficient of 0.040033 with probability (0.0165) <0.05. Simultaneously Contribution Income and Claims together have a significant effect on the Tabarru Fund with f count (9534.203) and probability 0.000000 <0.05. The percentage of influence of the independent variables (Revenue Contributions and Claims) on the dependent variable (Tabarru Fund) is 99.9% while the rest is influenced by other variables not included in this research model. The recommendation from the results of this study for companies is to maintain the stability of contribution income by monitoring the smooth payment of participant contributions so that they continue to be active and increase the growth of new participants(new business) as well as being more selective in processing payments for claims submitted by each participant.

ANALISIS PENGUNGKAPAN INTERNET FINANCIAL REPORTING PADA PERUSAHAAN SUBSEKTOR FARMASI DI INDONESIA

Disclosure of Internet Financial Reporting (IFR) makes it easy for users or interestedparties to find financial information through the company's official website. This study aims toreveal the effect of profitability, leverage, and company size on Internet Financial Reportingdisclosure in the pharmaceutical subsector in Indonesia. The population of this research is allpharmaceutical sub-sector companies that are on the Indonesia Stock Exchange until 2021. Thesampling technique used in this study is using the Purposive Sampling method with an observationperiod from 2019 to 2021. The sample data is then analyzed using multiple linear regressionanalysis using SPSS 27.0. The results of the analysis of this study are that the Leverage and FirmSize variables influence IFR, while the Profitability variable does not influence IFR. Meanwhile,the independent variables used in the study simultaneously affect IFR.

DETERMINANT FACTORS OF PROFIT GROWTH : EMPIRICAL STUDY ON MINING COMPANIES IN INDONESIA

Profit growth is an increase or decrease in company profits in a certain period. This study aims to determine the effect of the current ratio, debt to equity ratio, net profit margin, return on assets, and total asset turnover on profit growth in mining companies listed on the Indonesia Stock Exchange for the 2016-2020 period. The population in this study are mining companies listed on the Indonesia Stock Exchange as many as 49 companies. Sample selection was carried out using purposive sampling method so that 38 companies were obtained as samples. The type of data used in this study is secondary data obtained from the Indonesia Stock Exchange (IDX) and the company's official website. The analytical method used is multiple linear regression analysis. The results of this study indicate that the current ratio, debt to equity ratio, net profit margin, and return on assets have a significant effect on profit growth. Meanwhile, total asset turnover has no significant effect on profit growth in mining companies listed on the Indonesia Stock Exchange for the 2016-2020 period

Cash Holding, Leverage, Political Connections, and Earnings Quality:The Moderating Role of Corporate Social Responsibility

This study aims to examine the influence of cash holding, leverage and political connections (CSR) on earnings quality. In addition, the moderating role of corporate social responsibility in the relationship between the variables also examined. Data were collected from financial statements and sustainability reports of Indonesian manufacturing companies, listed on the Indonesia Stock Exchange (IDX). Data were derived from the Indonesian stock exchange website and the company's official website. Using purposive sampling method, 424 firm-year observations between 2017 and 2020 were analyzed using multiple linear regression analysis for panel data. The results of this study reveal that cash holding is negatively associated with earnings quality, while leverage is positively associated with earnings quality, and political connections are not associated with earnings quality. Furthermore, CSR does not have a role in weakening the negative effect of cash holding, leverage and political connections on earnings quality.

ANALYSIS OF FINANCIAL PERFORMANCE USING ECONOMIC VALUE ADDED (EVA), MARKET VALUE ADDED (MVA), AND FINANCIAL VALUE ADDED (FVA) METHODS IN PT. MAYORA INDAH, TBK PERIOD 2019 – 2021

Financial performance reflects the company's ability to manage its financial soundness level during a certain period. The purpose of this study is to determine the measurement of the financial performance of PT Mayora Indah Tbk for the 2019 – 2021 period using the Economic Value Added (EVA), Market Value Added (MVA), and Financial Value Added (FVA) methods. Data collection techniques used, namely the study of literature and study of documentation. The type of data used is secondary data sourced from the Indonesia Stock Exchange website and the company's official website. The results of the study show that the financial performance of PT Mayora Indah Tbk for the 2019 – 2021 period using the EVA method has a positive value (EVA > 0), which means that the company's management has succeeded in creating economic added value for the company. Then the MVA method also has a positive value (MVA > 0), which means the company is able to increase the value of the capital invested by the funder. As well as the FVA method, it also has a positive value (MVA > 0), which means that the company has succeeded in providing financial added value. The creation of more financial value when the company's net profit is able to cover the equivalent depreciation (ED).

EMPRESA QUE DORME, A ONDA LEVA: O CASO DA AC COMEX

This teaching case reports the dilemma of the AC COMEX company, which has been operating since 2003 in the field of consultancy and solutions for international trade companies. From 2012 its main service became the SISCOSERV registry. However, in 2020, the obligation for companies to supply SISCOSERV with data on imports and exports was suspended, compromising the management of AC COMEX and its sustainability in the market. The primary sources were interviews and direct communication with AC COMEX partners. As a secondary source, the company's official website and documents provided by the partners were used. The present case is a platform for evaluating the strategies used and for diversifying international business that minimize the impact of threats from the external environment, bringing financial sustainability to the company. After the debate period, the class is expected to drive the best decisions, and what the company could have done. Class members should analyze the proposed strategies and can make a more correct final decision.