Financial Performance Of Companies Research Articles

Social Responsibility and Financial Performance in The Covid-19 era: Support for the Experience of Moroccan SMB

Objective: The objective seems to be to explore the importance of the concept of Corporate Social Responsibility (CSR) as a means of crisis management and performance lever allowing companies to withstand current financial and economic shocks. Theoretical Framework: The text mentions the intention to provide a historical overview of CSR, define CSR, financial performance, SMB, the role of SMB on economic growth, and cite organizational theories related to the importance of CSR in times of crisis. This section constitutes the theoretical framework by linking CSR to different economic concepts and organizational theories. Method: this article suggests a theoretical and descriptive approach, analyzing the economic impact of health measures and proposing recommendations, which involves documentary and theoretical analysis. Results and Discussion: The text focuses on presenting the topic and theoretical framework without providing specific results or data analyses. Research Implications: e research aims to highlight the importance of CSR for crisis management and financial performance of companies, particularly in the context of the COVID-19 crisis. The implications could concern strategies business, public policy, and managerial theory. Originality/Value: The originality of this research could lie in its analysis of the impact of CSR during the COVID-19 crisis, a relatively new and current topic. The combination of crisis management, financial performance and health measures from the perspective of CSR can constitute an original contribution to the existing literature on the subject.

Profitability and Market Value Effect on Carbon Emission Disclosures: The Moderating Role of Environmental Performance

Climate change is an issue that is of concern to the global public and scientific community. There is a close relationship between climate change and carbon emissions, which are the primary cause of global warming. Reporting on carbon emissions is essential for corporate accountability to stakeholders when evaluating a company's financial and non-financial performance. Good management of carbon emissions will enhance the company's reputation. This study analyses the impact of company profitability and market value on the disclosure of carbon emissions, with environmental performance serving as a moderating variable in the context of Indonesian public companies. This study concludes that: (1) There is no significant impact on profitability, as measured by Return on Assets, on Carbon Emission Disclosure; (2) The study finds that there is a statistically significant positive relationship between market value, measured by Tobin's Q, and the level of carbon emission disclosure. This relationship is significant at a 5% significance level; (3) The moderating effect of environmental performance on the relationship between profitability, as measured by return on assets, and carbon emission disclosure is found to be insignificant; (4) The significance level of 10% indicates that the relationship between environmental performance, as a measure of a company's environmental practices, and market value, as represented by Tobin's Q, is strengthened concerning the disclosure of carbon emissions. This research can contribute to developing accounting knowledge to close gaps in the body of knowledge regarding the disclosure of carbon emissions in developing nations, particularly Indonesia.

The Effect Of Environmental Social Governance (ESG) Disclosures On Financial Performance In Companies Listed On The Indonesia Stock Exchange

The Effect Of Environmental Social Governance (ESG) Disclosures On Financial Performance In Companies Listed On The Indonesia Stock Exchange

STUDY OF EXPLORING THE IMPACT OF FINANCIAL ANALYSIS EXXONMOBIL

This financial analysis of ExxonMobil provides an in-depth examination of the company's financial performance, focusing on key metrics such as revenue, profitability, liquidity, and solvency. The analysis utilizes financial ratios, trend analysis, and benchmarking against industry peers to evaluate ExxonMobil's financial health and identify areas of strength and weakness. Additionally, it explores the impact of external factors such as oil prices, regulatory environment, and global economic conditions on the company's financial performance. The findings of this analysis aim to provide insights for investors, stakeholders, and decisionmakers regarding ExxonMobil's financial position and future prospects.

The impact of environmental, social, and governance performance on financial performance: Evidence from Japanese companies

This study examines the impact of environmental, social, and governance (ESG) performance on the financial performance of companies using the Stakeholder Theory. Sustainability is recognized as one of the most significant concepts for all nations and organizations worldwide. The Japanese government, its corporations, and its culture are not exempt from delivering their nation's sustainability goal with the utmost support. Their initiatives taken towards sustainability include introducing Society 5.0, the 'improved society' concept Japan has contemplated before the rest of the world. Society 5.0 for Sustainable Development Goals (SDGs), which originated in Japan, is an aspiring concept that views changes and challenges as opportunities and proceeds to associate them with medium-to long-term development, which leads to the resolution of global challenges. Financial performance focuses on accounting performance through the Return on Equity (ROE). The ESG scores and financial data of 351 listed companies in Japan from 2018 to 2022 were collected from the Thomson Reuters Eikon data stream to study its impact. The regression analysis shows that all environmental performance (EP), social performance (SP), and governance performance (GP) positively and significantly affect profitability, or the Return of Equity (ROE). Meanwhile, the control variable, firm size (SIZE), does not support the study. The findings also found that all ESG performances positively correlate with each other. These results highlight the importance of ESG policy adoption by companies to improve their financial performance. The study’s contributions add value to Japan’s industry practitioners and stakeholders and highlight the importance of ESG to their nation.

Analysis of IDBI Federal Life Insurance's Financial Performance and Statements in NCR: An In-Depth Review

The research paper delves into the financial statement analysis of IDBI Federal Life Insurance, aiming to conduct a thorough examination of its financial standing. It will encompass an extensive review of the company's financial statements, key ratios, capital structure, profitability, liquidity, and solvency. Moreover, the study will compare the company's financial performance with that of its peers in the life insurance sector to pinpoint strengths and weaknesses. Recommendations for improvement will be proposed based on these findings. Additionally, the research will evaluate the influence of external factors like economic conditions, regulatory changes, and market trends on the company's financial performance. The methodology involves collecting and analyzing financial data, performing ratio analysis, and drawing conclusions to provide actionable insights. Ultimately, the research aims to offer valuable insights into IDBI Federal Life Insurance's financial health and performance, guiding strategies for sustainable growth and success.

In-Depth Financial Statement Review of IDBI Federal Life Insurance in New Delhi: A Comprehensive Analysis

The research paper delves into the financial statement analysis of IDBI Federal Life Insurance, aiming to conduct a thorough examination of its financial standing. It will encompass an extensive review of the company's financial statements, key ratios, capital structure, profitability, liquidity, and solvency. Moreover, the study will compare the company's financial performance with that of its peers in the life insurance sector to pinpoint strengths and weaknesses. Recommendations for improvement will be proposed based on these findings. Additionally, the research will evaluate the influence of external factors like economic conditions, regulatory changes, and market trends on the company's financial performance. The methodology involves collecting and analyzing financial data, performing ratio analysis, and drawing conclusions to provide actionable insights. Ultimately, the research aims to offer valuable insights into IDBI Federal Life Insurance's financial health and performance, guiding strategies for sustainable growth and success.

The Role of Tax Management as a Moderator in the Effect of Tax Retention Rate and Good Corporate Governance on Earning Quality

The industrial sector plays a very important role in people's lives, as it is the part of the economy that is responsible for the production of goods and services. The primary objective of this research is to empirically explore the dynamic between Tax Retention Rate and Good Corporate Governance concerning Earning Quality, while simultaneously investigating the potential moderating role of Tax Management. Meanwhile, Good Corporate Governance is a critical factor that can affect the integrity and transparency of the company in carrying out its operations. Earning Quality, as a measure of the quality of a company's earnings, is the main parameter in measuring the company's financial performance. The study's research design follows quantitative and associative methodologies. The research population encompasses companies within the industrial sector, as listed on the Indonesia Stock Exchange during the temporal span from 2017 to 2021. Employing a purposive sampling technique, a sample comprising 15 companies, leading to a dataset of 75 observed data points, was selected. To conduct the analysis and hypothesis testing, panel data regression analysis was employed, utilizing Eviews version 12 as the analytical tool. The outcomes of the T-test analyses are noteworthy, as they reveal that both the tax retention rate variable and the good corporate governance variable distinctly influence earning quality. However, the importance of tax management as a mediator in the correlation between tax retention rate and earning quality is insignificant. The findings of this study are expected to provide new insights for stakeholders, regulators, and business practitioners in optimizing tax management and maintaining the quality of corporate profits in the Indonesian capital market environment.

Analisis Rasio Keuangan dalam Menilai Kinerja Keuangan di Grand Pacific Hotel Bandung

This research aims to find out how the financial performance of the Grand Pacific Hotel is for the 2019–2022 period by analyzing the Hotel Financial Report which describes the financial performance that has been achieved through information on the financial position of the Grand Pacific Hotel. . Using quantitative descriptive methods and data in the form of Financial Reports, consisting of the Profit and Loss Report and Balance Sheet of Grand Pacific Hotel. Testing was carried out based on four categories of financial ratios, namely Liquidity Ratios, Solvency Ratios, Activity Ratios and Profitability Ratios. Based on the research results, it was concluded that the Liquidity Ratio, Solvency Ratio, Activity Ratio and Profitability Ratio of Grand Pacific Hotel for the 2019 - 2022 period regarding the company's financial performance were in good condition.

인공지능기반 사전학습언어모델 적용방안에 관한 연구

Pre-trained Language Model(PLM) refers to a natural language processing(NLP) model that has been pre-trained using large amounts of text data. The PLM has the limitation of not being able to understand domain-specific terminology due to a lack of training data for terminology. Therefore, the need for a domain-specific language model modified through BERT- or GPT-based pre-trained learning has recently been emphasized. In this study, we analyze BERT's pre-training method and BERT-based transformation techniques (ALBERT, RoBERTa, ELECTRA) and propose a PLM that can be used in biomedical, financial, and legal domains. The biomedical-specific pre-trained learning model is designed to learn domain-specific language characteristics such as technical terminology, medical sentence structure, and medical entity name recognition in the biomedical field. It is mainly adjusted to be applied to biomedical tasks through transfer learning based on BERT's pre-training method and architecture. For this purpose, it is pre-trained with pre-trained biomedical text data, and this pre-training transfers domain-specific knowledge to the model through learning representations for biomedical-related texts. The finance-specific pre-trained learning model is a model that can understand and process financial terminology, financial market trends, and sentence structures and vocabulary related to financial products and services. It can be used to generate news articles about financial market trends and to extract key information by concisely summarizing long texts such as financial reports and corporate press releases. Additionally, finance-specific pre-trained models help financial analysts generate investment recommendations based on a company's financial condition, performance, and prospects. The legal-specific pre-trained model is a language model suitable for legal documents and is used for legal document classification, legal document summarization, and legal document similarity evaluation. The legal-specific pre-learning model was created by pre-training the BERT model on special texts in the legal field, and through this, it learns characteristics specialized for legal documents. The performance of the legal-specific pre-training model can be improved to solve legal-related tasks through scratch pre-training and additional pre-training using legal corpora.

Factors Affecting Firm Value: Empirical Research on Non-Cyclicals Consumer Firms

This study aimed to examine the relationship between Corporate Governance proxied by Independent Commissioner and Audit Committee, Dividend Policy (DPR), and Investment Decision (PER) on Firm Value (PBV) with Financial Performance (ROA) as mediating variable. The sampling technique used was purposive sampling technique which obtained 102 observations of Consumer Non-Cyclicals companies during 2018-2022. The data analysis technique used in this study was multiple linear regression analysis. The research results showed that Dividend Policy has a positive effect on Financial Performance. On the contrary, this research showed that Independent Commissioners and Investment Decisions can reduce financial performance. The research results also showed that the Audit Committee, Dividend Policy, Investment Decisions, and Financial Performance have positive effect on firm value. However, Independent Commissioners has no effect on firm value. The results of the sobel test showed that Dividend Policy can improve the company's Financial Performance, so it can improve firm value of consumer non-cyclical companies.

A STUDY ON CASH MANAGEMENT AT TIFSCO PVT LTD.,

Cash, the undeniable lifeblood of any business, underpins its daily operations, future growth, and overall financial health. Effective cash management practices ensure a company's ability to meet its financial obligations, seize opportunities, and navigate economic uncertainties. This research project delves into the multifaceted world of cash management, analyzing its core principles, exploring its objectives, and evaluating its impact on a company's success. At its core, cash management strives to strike a delicate balance between maintaining adequate liquidity and maximizing profitability. Holding excessive cash reserves ensures smooth operations and the ability to meet short-term liabilities. However, this idle cash represents lost earning potential. Conversely, holding insufficient cash reserves can lead to missed opportunities, payment delays, and potential financial distress. Understanding the factors that influence this balance is crucial for developing effective cash management strategies. Financial theory has identified several key motives for holding cash, each with its own implications for management. The transaction motive necessitates maintaining a cash buCash management, though seemingly straightforward, is a complex and critical function for businesses of all sizes. By understanding the motives for holding cash, aligning objectives with strategies, and utilizing innovative tools, companies can optimize their cash flow and unlock new avenues for growth and success. This research project aims to contribute to a deeper understanding of cash management and its role in driving overall financial well-being.ffer to meet daily operational needs. The precautionary motive focuses on holding cash reserves to mitigate unforeseen events or fluctuations in cash inflows. Finally, the speculative motive involves strategic cash holdings to take advantage of profitable investment opportunities. Analyzing a company's specific industry, risk profile, and growth objectives allows for a tailored approach to balancing these motives. Effective cash management prioritizes several key objectives. Maximizing liquidity ensures the ability to meet current obligations without disruption. Optimizing cash balances minimizes idle cash reserves, thereby maximizing potential returns from alternative investments. Accelerating collections through efficient receivables management ensures timely inflows of cash. Streamlining payments by optimizing disbursement processes reduces unnecessary costs and ensures efficient cash utilization. Finally, forecasting cash flows with accuracy allows for proactive planning and mitigates the risk of shortfalls. Strong cash management practices significantly contribute to a company's financial performance. Improved liquidity fosters business continuity and financial stability. Efficient cash utilization reduces dependence on external financing and improves profitability. Additionally, proactive cash flow management allows companies to capitalize on advantageous investment opportunities, further enhancing shareholder value. This research project will explore cash management practices in detail. It will examine various techniques for forecasting cash flows, managing receivables and payables, and optimizing short-term investments. The study will also delve into the impact of technological advancements on cash management practices. Additionally, the research will analyze the effectiveness of cash management strategies across different industries and company sizes.

The Role of Operational Performance as a Mediator in the Influence of Supply Chain Management Practices on the Financial Performance of MSMEs

<p><em>Financial performance is a tool for measuring the success of a business. Managers can make appropriate decisions by reviewing the results of the company's financial performance. One of the aspects believed to influence the financial performance of a company is operational performance. Of course, this must be done through supply chain management practices in order to achieve good financial performance of the company. This research aims to determine the mediating role of company operational performance in the influence of supply chain management (SCM) practices on company financial performance. A quantitative approach was carried out by distributing questionnaires to 100 business leaders. Primary data consists of the results of filling out a questionnaire by the business owner. The data collection technique uses a survey method by distributing questionnaires to respondents, namely business owners. The MSMEs in question are 100 MSMEs located in Yogyakarta. Validity and reliability tests are carried out before implementing research analysis techniques. In this research, we examine the effect of SCM practices on financial performance through the operational performance of micro, small and medium enterprises in Bantul Regency, Yogyakarta Special Region (UMKM). The analysis technique uses structural equation modeling-partial least squares (SEM-PLS) with the WrapPLS application. The researchers estimated the results of direct effects and indirect effects. The research results prove that operational performance as a mediator in SCM practices influences the financial performance of the company. Apart from this, it is also proven that supply chain management has influence on operational performance, operational performance has influence on financial performance and supply chain management also has a direct influence on financial performance.</em></p>

Analisis Perbandingan Kinerja Keuangan Perusahaan Sebelum Dan Setelah Akuisisi (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2018-2022)

This research is to find out whether there are significant differences in the company's financial performance before and after carrying out acquisition activities. This research involves manufacturing companies listed on the Indonesian Stock Exchange and recorded as having made acquisitions in the last five year period (2018-2023). This research is quantitative research using a population of 159 companies and producing a sample of 20 manufacturing companies that have made acquisitions in the last five years (2018-2022) and are listed on the Indonesian Stock Exchange. The hypothesis test in this research is using the paired sample t test method, from The results obtained were five hypotheses, namely 3 hypotheses were rejected while the other 2 hypotheses were accepted, where the Current Ratio variable as H1, the Quick Ratio variable as H2 and the Total Asset Turnover variable as H4 did not have a significant difference in the financial statements before and after the acquisition while the Debt to Equity variable The ratio as H3 and the Net Profit Margin variable as H5 have significant differences in the financial statements before and after carrying out acquisition activities.

Analisis rasio terhadap kinerja keuangan pada PT Supra Boga Lestari Tbk

This study was conducted to determine the financial performance of PT Supra Boga Lestari Tbk as seen from the analysis of financial ratios for 2019-2022. The ratios to be analyzed are solvency ratios including debt to asset ratio and debt to equity ratio. Liquidity ratios include current ratio, quick ratio and cash ratio and profitability ratios include net profit margin, return on asset ratio and return on equity ratio. The research conducted is quantitative descriptive research by collecting, describing and describing the data as it is. The data source in this study is secondary data taken from the financial statements of PT Supra Boga Lestari Tbk published on the Indonesia Stock Exchange website. Based on the results of the ratio analysis of the financial statements of PT Supra Boga Lestari Tbk, it is known that the solvency ratio in 2019-2022 seen from the average value of the debt to asset ratio and debt to equity ratio is in poor condition. The liquidity ratio in 2019-2022 seen from the average value of the current ratio, quick ratio and cash ratio is in poor condition, as well as the profitability ratio seen from the average value of the net profit margin ratio, return on asset ratio and return on equity ratio in poor condition. from the results of the analysis of the financial ratios of PT Supra Boga Lestari Tbk from 2019-2022 it can be concluded that the company's financial performance from the solvency ratio shows that the company has a very high debt burden. The liquidity ratio shows that the company is less able to pay off its short-term debt, while the profitability ratio shows that the company's capital and assets have not been used optimally in making a profit.

The Distinction of Evaluation on Companies in Different Fields

This paper explores the variations in Return on Equity (ROE) and Price-to-Sales Ratio among publicly traded companies across different time periods and market capitalizations. The analysis employs Linear Regression and Correlation Coefficients to examine the relationships between ROE, Price-to-Sales Ratio, Market Capitalization, and economic conditions during these periods. The findings reveal that Price-to-Sales Ratio serves as a reliable indicator of a company's market capitalization. Furthermore, companies within the same industry exhibit substantial disparities in Market Capitalization, ROE, Price-to-Sales Ratio, Price-to-Earnings (P/E) Ratio, and PEG Index due to differing corporate strategies and backgrounds. For instance, in the new energy sector, both BYD and NIO display a negative correlation between market capitalization, while Tesla contradicts this trend. This discrepancy is attributed to internal factors such as asset composition, liabilities, and shareholder structure, which significantly influence a company's financial performance. The Market Capitalization of these new energy companies is predicted to rise due to global interest in AI technology, with technology companies being at the forefront of AI development. In the technology sector, companies like Google have solidified their positions by advancing AI concepts. New entrants, like Apple, combining Artificial Intelligence and Robotics, are gaining consumer support, indicating potential Market Cap. growth. The fashion industry also demonstrates distinctive strategies, with companies like NIKE, Adidas, and Anta focusing on sustainability and carbon neutrality. Therefore, future company evaluations should consider both financial indices and a company's long-term vision and sustainability practices to predict their future value effectively.

Penerapan Model Log-Logistik Proporsional Hazard Untuk Menentukan Faktor yang Mempengaruhi Kondisi Financial Distress

<p class="AbstractEnglish">Every company is likely to experience an up or down phase in its financial performance. A decline in financial performance is a condition of financial distress. Financial distress is an event of a continuous decline in a company's financial performance over a certain period of time. The variables in this research are the response variable in the form of the time of company experiences financial distress, while the covariates are the solvency ratio, liquidity ratio, growth ratio, profitability ratio, company size and activity ratio. The aim and objective of the research is to obtain the property and significance of covariates when a company experiences financial distress. How to determine covariates that are significant to financial distress. The model used is a log-logistic proportional hazard regression model. The log-logistic model is a regression model in the form of a maximum extreme function with right asymptotics and non-negative random variables, while the Cox proportional hazards model is a survival model with the independent variables being time and covariates, between time and covariates being independent. The results of this research are that companies in the infrastructure, utilities and transportation sectors experience financial distress, influenced by solvency ratios, liquidity ratios and profitability ratios. The solvency ratio and profitability ratio have a positive effect, while the liquidity ratio has a negative effect on the timing of financial distress. The contribution of these factors to companies experiencing financial distress is 1.1% (for liquidity ratio), 3.4% (for solvency ratio), and 95.5% (for profitability ratio).</p><p class="AbstractEnglish"><strong>Keywords: </strong>financial distress; log-logistic; portional hazard; profitability ratio</p>

Digital transformation and supply chain efficiency improvement: An empirical study from a-share listed companies in China.

This article thoroughly examines the influence of digital transformation on the efficiency of corporate supply chains. As global economic integration accelerates and technological innovations deepen, digital transformation has become key to enhancing core corporate competitiveness. This research, utilizing data from A-share listed companies in China between 2007 and 2022, analyzes how companies improve supply chain efficiency through digital transformation. Furthermore, the study establishes a theoretical framework that demonstrates how digital transformation facilitates supply chain efficiency from the perspectives of internal governance and external competition. The research indicates that digital transformation plays a key role in significantly enhancing supply chain efficiency. Furthermore, the results of the mechanism analysis confirmed that digital transformation contributes to enhancing corporate supply chain efficiency by improving the level of corporate governance and the degree of market competition. The study also finds that the effect of digital transformation on supply chain efficiency varies with different corporate backgrounds, indicating its heterogeneous impact. Lastly, an analysis of economic consequences shows that the increased supply chain efficiency resulting from digital transformation can reduce future external transaction costs, strengthening the company's market position and financial performance. This research provides strategic guidance for firms to develop robust strategies amid the digital wave and offers strong policy recommendations for promoting digital supply chain management and enhancing market adaptability.

Investigating the Relationship Between ESG Performance and Market Capitalization

This study investigates the potential connection between a company's environmental, social, and governance (ESG) performance and its market capitalization within the Indian context. Utilizing a scatter plot analysis of a large dataset encompassing 693 companies, the research revealed a weak negative trend between ESG combined score and market capitalization. However, the significant dispersion of data points across the plot suggested a more complex relationship. The analysis acknowledged the limitations of scatter plots, particularly their inability to account for the influence of other factors on market valuation. Factors such as company size, financial performance, industry affiliation, and economic conditions might be playing a significant role. Additionally, the observed data dispersion hinted at potential market mispricing, where companies with strong ESG practices might be undervalued by investors, and industry-specific effects, where the impact of ESG on market value could be stronger in certain sectors. To gain a deeper understanding of this intricate relationship, future research directions were identified. These included analysing correlations between individual ESG subcomponents and market capitalization to identify specific areas with a stronger association. Segmenting the data by industry could reveal industry-specific effects. Furthermore, employing regression analysis can offer a more robust understanding of the relative influence of various factors on market valuation. Finally, a long-term perspective might be necessary to capture potential delayed effects of ESG practices on market value. By addressing these limitations and exploring these avenues, future research can contribute to a more comprehensive understanding of the interplay between ESG performance and market valuation in the Indian market.

Climate change and the financial performance of basic materials companies: empirical evidence in Vietnam

PurposeThis study examines the evidence of the impact of climate change on the financial performance of basic materials companies in Vietnam.Design/methodology/approachThe research sample includes eighty-two basic materials companies listed on the Vietnamese stock market from 2003 to 2022. This study used one-way and two-way fixed-effects feasible generalized least squares (FGLS) estimation methods.FindingsClimate change, measured through variables including changes in temperature, average rainfall, greenhouse gas emissions and rising sea levels, has a negative impact on the financial performance of companies in this industry. The study also found that, with rising temperatures, the financial performance of steel manufacturing companies decreased less than that of coal mining and forestry companies, but increasing greenhouse gases and rising sea levels reduced the financial performance of steel companies. We did not find evidence of any difference in the impact of climate change on the financial performance of basic materials companies before and after the UN Climate Change Conference (COP 21). This is a new finding, which is consistent with empirical studies in Vietnam and different from previous studies in that it provides new evidence on the impact of climate change on the financial performance of basic materials companies in the Vietnamese market and cross-checks the impact of climate change by sector and over time.Originality/valueTo the best of our knowledge, this is one of the first articles on climate change and the financial performance of basic materials companies.