Financial Reports Of Companies Research Articles

Does Company Size Moderate the Influence of Ownership Managerial on Profit Growth in Indonesian Retail Companies?

<p dir="ltr"><span id="docs-internal-guid-b36eda5b-7fff-1cf8-68b3-81d1f5e863a9"><span>Profit growth is an indicator of the increase in a company's net profit from the previous period which is useful for giving investors an idea of how good the company's condition is in generating profits. The aim of this research is to determine the moderating role of company size on the influence of managerial ownership on profit growth. This research uses a quantitative approach with a moderated regression model. The sample used comes from annual financial reports for the period 2017 to 2022 which are listed on the Indonesian Stock Exchange. The sampling technique was carried out using a purposive sampling method to obtain 71 retail company financial report data. Data analysis uses multiple linear analysis and moderated regression analysis (MRA). The research results show that managerial ownership has a positive and significant effect on profit growth, company size cannot moderate the effect of managerial ownership on profit growth, but it is proven to be an independent variable that has a positive effect on profit growth. The conclusion of the research is that the type of moderation that occurs is a predictor of moderation. This research is expected to provide scientific insight into company profit growth.</span></span></p>

Analisis Komparatif Laporan Keuangan Guna Mengukur Kinerja Keuangan Pada PT. Jasamarga Tbk.

PT. Jasamarga Tbk. As a company operating in the infrastructure sector, it is involved in various projects and investments that require careful financial performance evaluation. The COVID-19 pandemic has had various impacts on the financial performance of companies including PT. Jasamarga Tbk. This research aims to find out how the financial performance of PT. Jasamarga Tbk during 2018-2022. The data analysis technique in this research uses financial ratios and focuses on calculating profitability as measured from several aspects, namely Gross Profit Margin (GPM), Net Profit Margin (NPM), Return On Assets (ROA), and Return On Equity (ROE). This research uses a qualitative descriptive method with comparative analysis. The subjects in this research were PT. Jasamarga Tbk and the object of this research is the financial report of the company PT. Jasamarga during 2018-2022. The type of data used is secondary data, namely data collected by other parties or other sources accessed from the company's official website. The data collection technique used is a documentation technique, namely by collecting data from the company's financial reports which have been officially published in the form of an Annual Report issued by the official website of PT. Jasamarga. The research results show that the average value of the profitability ratio in 2018 experienced quite good growth, namely 8.51%, then in 2019 it experienced an increase which was considered good, namely 10.84%. In 2020 there was a decline of 9.64% which is considered quite good. In 2021 the average profitability ratio experienced an increase which was considered good, namely 13.17% and in 2022 experienced a significant increase, namely 17.59% which was considered very good. Overall, the average profitability ratio value of PT. Jasamarga's 11.95% is in the interpretation of 10% - <15%, which means the financial performance of PT. Jasamarga Tbk. in 2018-2022 is in a good assessment.

PENGARUH LIKUIDITAS, SOLVABILITAS, DAN AKTIVITAS TERHADAP PROFITABILITAS PADA SUB SEKTOR PERTAMBANGAN BATU BARA YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2020-2022

Abstract: This research aims to determine the effect of liquidity, solvency and activity on profitability both simultaneously and partially. The research design used was clause quantitative. The research population is Coal Mining Sub Sector Companies listed on the Indonesia Stock Exchange. The sample in the study was 66 samples from 22 company financial reports. The data used in this research is secondary data. Secondary data in this research is in the form of annual financial reports for the Coal Mining Sub Sector listed on the Indonesia Stock Exchange for 2020-2022. Data was collected through document recording, then analyzed using multiple linear regression analysis using SPSS Version 23 tools. The research results showed that (1) liquidity, solvency and activity simultaneously had a significant effect on profitability, (2) liquidity and solvency partially had a negative effect and significant to profitability, (3) activities partially have a positive effect on profitability in Coal Mining Sub Sector Companies listed on the Indonesia Stock Exchange in 2020-2022.
 
 Keywords: Liquidity; Solvency; Activity; Profitability

Pengaruh Fundamental Dan Teknikal Analisis Terhadap Pemilihan Emiten Investasi Saham Pada PT. Harum Energy Tbk (HRUM)

The growth of the capital market in Indonesia is currently of great interest to the public. Being an investor in the capital market provides benefits, but each investment instrument certainly has its own risks. This research aims to provide information to potential investors at PT Harum Energy (HRUM) using fundamental analysis and technical analysis with data obtained through online websites that provide information regarding company financial reports and candle chart patterns or price history of a company. Provide views to determine which issuer to choose. Fundamental analysis by looking at the value of Earning per Share (EPS), Price Earning Ration (PER), Debt Equity Ration (DER). Then technical analysis using the theory of Patern Chart Patterns, golden crosses, Relative Strength Index (RSI). The results of this research provide results that can later be considered when choosing PT Harum Energy shares as an investment option.

The Effect of Profitability, Liquidity and Leverage Ratios on Internet Financial Reporting and Company Size as Moderating Variables During The Covid 19 Pandemic (An Empirical Study on the BEI Various Industries Sub-Sector)

Internet media has become a tool that provides a means for open company financial reporting as information for external parties because openness can reduce the level of information asymmetry that can occur in financial reports, so that it can accelerate company growth. The nature and characteristics of the internet which is easy to spread (pervasiveness), knows no borders (borderlessness), is timely (real time), low cost (low cost), makes disclosing information via the company website easier in finding all the necessary information related to the company, without having to incur high costs, Abdillah (2015). The development of the internet has created a new way of conveying company financial report information, namely using the Internet Financial Repoting (IFR) system, Yuli Kurniawati (2018). Every company has had many improvements in terms of company profits. Profitability is an indicator measuring management performance in managing company assets which can be shown by increasing profits that can be generated by the company. By indicating that the greater the company's profitability value, the company has good performance management. The liquidity ratio is an indicator of the level of a company's ability to pay short-term obligations. If the company is illiquid, there is a tendency for the company to experience bankruptcy. The ratio is prorated using the Current Ratio, which is about the comparison between current assets and current liabilities. The leverage ratio is a ratio that is an indicator of a company's capital structure. A high level of leverage can encourage management to carry out Internet Financial Reporting to take advantage of opportunities for good information from the company. Company size is a description of how big or small a company is, which can be measured by the size of the asset value, total sales, or the market value of the company's equity. Profitability and leverage influence the Internet Financial Report, while liquidity has no influence on the Internet Financial Report. Size can strengthen the influence of leverage on the Internet Financial Report, while size cannot strengthen the influence of profitability and liquidity on the Internet Financial Report

Analysis of Accounting Treatment of Income Based on Psak No. 72 At PT. Pegadaian Regional V Manado Office

Revenue is an essential component in a company's profit and loss report, which influences the company's sustainability. The greater the income earned, the more the company will profit, and vice versa. Therefore, the accounting treatment of income must be by applicable financial accounting standards to present the company's financial reports fairly and accurately. This research aims to determine how income accounting is treated based on PSAK No. 72 at PT. Pegadaian Regional Office V Manado. This type of research uses descriptive qualitative research methods. The data collection methods used in this research are interviews and documentation. The results of research that has been carried out show that the recognition, measurement, and presentation of income at PT. Pegadaian Regional Office V Manado is by PSAK No. 72; it is just that the disclosure is not entirely by PSAK No. 72 because it has yet to disclose the separation of income based on the classification of nature, amount, and time.

Pengaruh Modal Intelektual terhadap Performa Perusahaan dengan Manajemen Keluarga sebagai Variabel Moderasi

This research uses family management as a moderating variable to explore the influence of intellectual capital determinants on firm performance. Intangible asset such as intellectual capital is very important in supporting firm performance. Intellectual capital with the Modified Intellectual Value Added Coefficient (MVAIC) model consists of Human Resource Efficiency (HCE), Structural Capital Efficiency (SCE), Capital Employed Efficiency (CEE), and Relational Capital Efficiency (RCE). The sample for this research is companies from all industries that are recorded on the Indonesia Stock Exchange (IDX) which is provide comprehensive company financial reports and annual reports for the 2018–2022 period. This research was applied using a quantitative approach method. Panel data regression and moderated regression analysis are the data analysis method used in this research. The findings of this research indicate that MVAIC has a significant positive effect on firm performance and family management does not moderate the relationship between intellectual capital and firm performance. The higher the intellectual capital assets owned by a company, the greater the company's performance.

Analisis Pengaruh Kebijakan Dividen, Struktur Modal, dan Struktur Kepemilikan Terhadap Kinerja Keuangan dengan Investasi Sebagai Variabel Intervening pada Industri Rokok yang Terdaftar di Bursa Efek Indonesia Tahun 2019-2022

This research focuses on financial performance as a core element in evaluating a company's health and productivity, considering that it reflects the extent to which the company is able to manage resources, generate revenue, and meet its financial obligations. In a business context, financial performance not only reflects the results of various strategic decisions taken by management, but also becomes a benchmark for investors, creditors and other decision makers to measure the company's long-term growth and stability potential. The three main indicators for analyzing financial performance are Current Ratio (CR), Return on Assets (ROA), and Return on Equity (ROE). In this research, there are several variables that support the dependent variable (Y), namely financial performance. The supporting variables are Dividend Policy, Capital Structure, Ownership Structure, and Investment as Intervening variables. Quantitative research methods are used to analyze data from company financial reports on the Indonesian Stock Exchange. These factors, such as Dividend Policy, Capital Structure, and Ownership Structure, are expected to have a significant impact on the financial performance of cigarette companies. This research contributes to the literature by focusing on a less exposed sector, namely the cigarette sector, and introducing a better method of measuring financial performance.

PENGARUH CURRENT RATIO TERHADAP PROFITABILITAS PADA PT PEGADAIAN TAHUN 2018-2022

This study aims to determine the effect of the current ratio on profitability at PT. Pegadaian 2018-2022. This study uses descriptive research with a quantitative approach and data analysis methods to test the assumptions of the regression model, normality test, heteroscedasticity test, autocorrelation test, simple linear regression test, coefficient of determination, and hypothesis testing using purposive sampling method. The secondary data collection method used used in this study were company financial report data obtained from the official website https://www.pegadaian.co.id/kapal-kinerja/dinding-financial reports, OJK (Otoritas Jasa Keuangan) and data processed through SPSS 29.The results of the analysis obtained the regression equation Y = 0.200 + 0.25X, and the test value of the coefficient of determination was 0.139 so it would be 13.9% The T statistical test obtained was not significant 0.697 0.05, thus there was no significant effect of the current ratio on profitability.

The Board of Commissioners Moderates Cash Holding and Profitability on Earnings Management

One of the parameters that isused as a reference for investors and shareholders in making financial decisions is profit information in the company's financial reports. The assumption that companies with stable profits reflect optimal performance and have low investment risk encourages managers to make efforts to provide a good picture of performance, one of which is by carrying out earnings management.Deviant earnings management practices are carried out when information asymmetry occurs which arises from moral hazard and encourages management to behave opportunistically, resulting in poor earnings management, which is carried out in an inadequate manner.Earnings management is influenced by several factors, including cash holding, profitability and the board of commissioners. This research aims to examine the influence of cash holding and profitability through the interaction of the board of commissioners which is proportional to the proportion of independent board of commissioners as an internal mechanism for Good Corporate Governance within the company. The population used is all manufacturing companies listed on the Indonesia Stock Exchange, using purposive sampling to obtain 50 selected companies in the 2020-2023 observation period, with a total data sample of 200. Moderated Regression Analysis (MRA) is used as a technique to test the relationship between variables.The test results show that partially cash holding, profitability and the board of commissioners have a significant effect on earnings management. The test results alsoshow that the independent board of commissioners is able to moderate cash holding and profitability on earnings management.

Analisis Perbandingan Laba Menggunakan Ekuitas dan Hutang Perusahaan Manufaktur pada Masa Pandemi

Many companies experienced losses during the coronavirus disease 2019 pandemic. This research aims to analyze differences in company profit levels using debt and equity funding of manufacturing companies in the basic and chemical industry sectors, the miscellaneous industry sector, and the consumer goods industry sector listed on the Indonesia Stock Exchange. The data collection technique used was documentation with 160 samples. The method used in this research is a descriptive statistical analysis of the company's financial reports in 2020 using the independent sample t-test difference analysis method. The research results show that companies that use equity funding sources have greater profits than companies that use debt funding sources, meaning that companies during the pandemic should use equity funding sources. The results of this research can be a reference for manufacturing companies to choose the most appropriate funding source according to their financial needs and the risks they face.

LIQUIDITY RATIO ANALYSIS OF PT. KIMIA FARMA (Persero) Tbk: 2019-2022

This research aims to measure the financial performance of PT. Kimia Farma (Persero) Tbk, listed on the IDX, from 2019 to 2022 using liquidity ratios such as the Current Ratio (CR), Quick Ratio (QR), and Cash Ratio (CR). Employing quantitative methods, the study analyzed secondary data from the company's financial reports published by the IDX. The findings reveal that the company's financial condition is poor due to fluctuating and inconsistent performance each year. The highest current ratio was 105.8% in 2022, slightly above 105.4% in 2021, with the lowest at 89.7% in 2020, indicating a troubling decline. The quick ratio peaked at 66.3% in 2022 and hit a low of 53.5% in 2020, suggesting a reasonably good but inconsistent condition. The cash ratio reached a high of 26.8% in 2022 and a low of 12.5% in 2021, pointing to poor liquidity. Overall, the study shows that PT. Kimia Farma (Persero) Tbk does not exhibit strong or stable liquidity, as evidenced by the variations and declines in these ratios over the years.

Leverage Effect between ROA and ROE During the Covid-Crisis Based on a Hungarian Company Database

This paper is devoted to examining two extremely popular financing principles in the practice of Hungarian companies during the Covid-crisis. The leverage effect explains how the Return on Equity can be improved compared to the Return on Assets, the risk matching principle states that the risky assets should be financed mostly from equity and the secure assets should be financed mostly from debt. The Covid-crisis is an excellent opportunity to study the relevance of these principles. The validity of these principles is examined in a sample containing about 30.000 company financial reports. The most important findings are the following: The profitability does not determine the leverage, but the high leverage determines the low profitability. The profitability is the consequence of former decisions about the debt-equity relationship, the debt/equity ratio would be the consequence of the profitability. The risk matching principles cannot be justified by the used sample.

The Effect of Corporate Social Responsibility on Firm Value with Tax Avoidance and Sustainable Financial Performance as Mediators

Research confirms the influence of corporate social responsibility on firm value through tax avoidance and sustainable financial performance. Corporate social responsibility is measured based on the ESG disclosure score. In contrast, firm value is measured using Tobin's Q. Tax avoidance is measured using the effective tax rate, and sustainable financial performance is measured using return on assets. The samples analyzed in this research were 93 public companies listed on the IDX from all sectors. This research uses a purposive sampling method to produce reports on 93 companies in 5 years of company financial reports in 2017-2021. Data analysis used the Partial Least Square SEM technique. The analysis results show that corporate social responsibility has a significant direct effect on firm value, while the mediating role of tax avoidance and sustainable financial performance is not proven. In this research, it can be seen that corporate social responsibility (CSR) has a direct influence on firm value. This shows that stakeholders rely on CSR as a positive image of the company, as in several previous research results, it can describe the value of the company, which has an impact on investors' decisions to invest but indirectly does not influence tax avoidance and sustainable financial performance. The results of this research can provide an additional understanding of the previous theoretical concept that CSR can directly influence firm value. The strategic implications, of course, depend on company decision-makers in communicating CSR activities in their reports when they want investors' attention to the firm value.

The Effect of Corporate Social Responsibility Disclosure, Dividend Policy on Earning Management with Audit Quality as Moderation Variable in Listed Manufacturing Companies in Indonesian Stock Exchange (2018-2022)

This research aims to test and prove empirically the effect of independent variables, namely corporate social responsibility disclosure, dividend policy on the dependent variable is earnings management and audit quality moderating variables. The research method used is quantitative research in the form of correlational research using panel data from company financial report taken at PT www.idx.co.id. The sampling technique in this research was purposive sampling with a total sample of 122 manufacturing companies listed on the Indonesia Stock Exchange for the 2018-2022 period. The data analysis method used is multiple linear regression using the EViews application. The research results found that corporate social responsibility has no effect on earnings management. Dividend policy has a negative effect on earnings management. Audit quality is unable to moderate the influence of corporate social responsibility on earnings management. Audit quality is unable to moderate the influence of dividend policy on earnings management. The Adjusted R2 value shows that 1.65% of earnings management can be explained by corporate social responsibility and the remaining 98.35% of dividend policy is influenced by other variables not examined in this research.

PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN FARMASI YANG TERDAFTAR

The share price is the price of a share when the market is in progress or when the market is closed and can change at any time depending on the demand and supply of these shares. This study aims to determine the effect of financial ratios on stock prices in pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) in 2017-2021, either partially or simultaneously. This study uses financial ratios, namely Current Ratio, Debt to Equity Ratio, Return On Equity, and Earning Per Share which are used as Independent Variables and Stock Prices as the Dependent Variable. The population in this study are pharmaceutical companies listed on the Indonesia Stock Exchange (IDX). The research sample consisted of 14 pharmaceutical companies that met the criteria using a purposive sampling method. The data used in this study is secondary data in the form of pharmaceutical company financial reports for 2017-2021. The data collection technique used is documentation. The data analysis technique used is multiple linear regression. The results of the study show that Cuurent Ratio, Return On Equity, Earning Per Share have a positive effect on stock prices while the Debt To Equity Ratio has a negative effect on stock prices.

Diversification Strategy and Business Portfolio Development in State-Owned Companies PT. Hutama Karya

This research aims to analyse the business diversification strategy of PT Hutama Karya (Persero) and its subsidiaries, explain their business operations, and explore growth potential. This research tries to identify the company's internal and external environmental factors after business diversification, conduct an analysis of the corporate position and portfolio of business units and subsidiaries, and formulate a new business diversification strategy concept. This research method is descriptive qualitative with the data used in the research including primary data collected through interviews and questionnaires, as well as secondary data such as company financial reports, industry performance reports, and industry attractiveness. PT Hutama Karya's business diversification includes expansion into various business divisions, including Toll Road Business Entity (BUJT), Non-Toll Road Business Entity (Non-BUJT), and the establishment of subsidiaries such as Hutama Karya Infrastruktur (HKI), HAKAAston, HK Realtindo, Hutama Marga Waskita (HAMAWAS), and EPC Energy Singapore Ltd. The main supporting factors for this diversification are the continued economic growth and government support in infrastructure development. The company's internal strengths are the application of technology and adaptation to changes in the construction industry, they also face challenges such as cashflow issues, global economic uncertainty, and changes in political direction. The SWOT analysis shows that the company is in the "Grow and Build" quadrant and needs to pursue aggressive business diversification. The results of the GE Nine Cell Matrix analysis show a diverse position for the company's business units, with some as "Leaders" and others needing to be managed carefully or even divested. The managerial implications of this study are the need for business ecosystem development and business portfolio diversification, technology development across businesses to support competitive advantage, and the creation of new opportunities after the completion of the Trans-Sumatra Toll Road project

The Moderating Role of Sustainability Disclosure in the Association between Tax Avoidance and Cost of Debt

Company funding can derive from debt and shares. Managers' funding decisions have an impact on the costs that the company must bear. Even though it has high risks and many requirements, managers use much debt in company funding. The company must bear the debt costs associated with this funding. This research examines the effect of tax avoidance on the cost of debt. This research also uses sustainability disclosure as a moderating variable. This research uses manufacturing company financial report data from www.idnfinancials.com from 2016 to 2020. Based on purposive sampling, the total number of observations can be used in this research is 276. Hypothesis testing was carried out using multiple linear regression analysis for cross-section data. This research concludes that tax avoidance positively affects the cost of debt. This research also finds that sustainability disclosure strengthens the positive influence of tax avoidance on the cost of debt. This research contributes to providing literature on the role of sustainability implemented in companies in one of the developing countries. This implementation can be associated with managerial decisions that may not always align with the interests of company owners.

AN ANALYSIS ON FIVE FORCES DAN BCG MATRIX FOR APPLE INC. COMPANY

This research aims to conduct an analysis of Five Forces and BCG Matrix for Apple Inc. The Five Forces analysis is used to evaluate the competitiveness of the industry in which Apple operates, while the BCG Matrix is employed to measure the company's product portfolio. Data for this study are sourced from reliable resources, including the company's financial reports, industry reports, and related publications. The Five Forces analysis reveals that the technology and software industry in which Apple operates is highly competitive. Threats from major competitors, the level of product substitution, and the bargaining power of buyers significantly impact the company's strategies and performance. However, Apple's strong brand equity and robust product ecosystem provide a competitive advantage in navigating the pressures from these five forces. In the BCG Matrix analysis, Apple's core products such as the iPhone, iPad, and Mac show a position of stars and question marks, indicating high growth potential. On the other hand, some older products and unproven innovations fall into the category of cash cows and dogs, with lower growth prospects. The results of the Five Forces and BCG Matrix analysis provide a comprehensive overview of Apple's market position and aid in formulating the company's long-term strategies. Apple's management can leverage these findings to optimize the product portfolio and address competitive challenges in the ever-evolving technology industry. While Apple holds a strong market position, new challenges will continually emerge, necessitating effective strategies to maintain competitiveness and ensure the company's growth in the future.

Analisis Perlakuan Atas Selisih Kurs Dan Transaksi Mata Uang Asing Terhadap Laporan Keuangan Pada Pt. Indofood Sukses Makmur Tbk

. Accounting for exchange rate differences and foreign currency transactions has a significant impact on annual financial reports. Companies that trade foreign currencies must apply appropriate accounting policies to record exchange rate differences that occur. This research aims to analyze the accounting treatment of exchange rate differences and foreign currency transactions at PT. Indofood Sukses Makmur Tbk The method used in this research is a descriptive method using secondary data obtained from the company's financial reports. The research results are based on the application of PT. Indofood Sukses Makmur Tbk's accounting principles in accordance with Financial Accounting Standards (SAK). The author notes translation differences when recognizing income or expenses and does not consider translation differences when recording assets or liabilities. This research also shows that the resulting exchange rate differences have a significant impact on PT's annual financial reports. Indofood Sukses Makmur Tbk. A favorable exchange rate difference can increase the company's net profit, while an unfavorable exchange rate difference can reduce the company's net profit.