Share Of Companies Research Articles

The Role Of Financial Ratios In Increasing Insurance Company Share Price In Indonesia

At present, the role of Insurance in the Indonesian Economy is very important not only to prevent a tragedy from happening in the future but also for economic growth in Indonesia. This study aims to analyze the effect of the Debt to Equity Ratio, Earning Per Share, Net Profit Margin, and Return on Equity on stock prices. Processed research data is secondary data consisting of financial reports of insurance companies listed on the Stock Exchange for 2019-2021 insurance company data is used for sampling using regression analysis techniques, classic assumption tests, and hypothesis testing. Based on the test results, shows that the variables that influence stock prices are DER and EPS, while ROE and NPM do not influence stock prices.

The Influence of ROE, EPS, and PER On Company's Share Price (Study on companies listed on JII70 in 2019- 2021)

The Influence of ROE, EPS, and PER On Company's Share Price (Study on companies listed on JII70 in 2019- 2021)

Analysis of the assortment structure of antidepressants on the domestic pharmaceutical market

а feature of the course of diseases, the correction of which requires the use of antidepressants, is the small number of requests for specialized help in the early stages of the development of mental disorders. This creates certain limitations for fast and effective therapy. However, given that depression is the most common mental disorder in the world, there is a certain scientific interest in researching this pathology. The purpose of the work is a comprehensive assortment analysis of the group N06A "Antidepressants" on the pharmaceutical market of Ukraine. The study of the assortment of antidepressants registered on the pharmaceutical market was carried out in accordance with the Anatomical-Therapeutic-Chemical classification and the data of the State Register of Drugs of Ukraine. The objects of research were information on drugs registered in Ukraine, which belong to category N06A "Antidepressants". According to the data of the State Register of Drugs of Ukraine, as of January 2022, taking into account drugs produced in different dosages, 149 trade names of drugs belonging to category N06A "Antidepressants" and represented by 20 international non-proprietary names were registered. Of all the antidepressants registered on the pharmaceutical market of Ukraine, 52 drugs with a limited validity period of the registration certificate should be noted. The pharmaceutical market of Ukraine for the treatment of depression is clearly dominated by foreign pharmaceutical companies, and the share of domestic companies is represented only by 18.1%, which indicates the need to expand this group of drugs, because 9 out of 20 international non-proprietary names do not have a single domestic drug. Antidepressants are imported to the Ukrainian pharmaceutical market from 19 countries. The main importing countries are: India – 18.9%, Slovenia – 12.3%, Germany – 9.0%, Poland and Turkey – 7.4% each, Hungary – 5.7%. Other countries collectively occupy 39.3% of the pharmaceutical market of imported drugs from category N06A "Antidepressants". But it is important that according to the Anatomical-Therapeutic-Chemical classification, in Ukraine this group of drugs is classified only into 3 subgroups. It should be noted that in Ukraine there are harmonized protocols, where, according to the recommendations for the treatment of depression, drugs are offered that, unfortunately, are not registered on the domestic market, which is reflected in the absence of two subgroups: N06AF and N06AG, which creates certain problems of patient access to high-quality and effective therapy recommended by the 2020 "Protocols for the diagnosis and treatment of patients with mental disorders (Finnish version)".

Do Cashflow Components and net profit affect earnings per share in the IDX-listed LQ-45 company?

The purpose of this study is to test the relationship between Cash Flow Component Disclosures and Net Income to Earnings Per Share in LQ-45 companies. The population in this study was LQ-45 companies listed on the Indonesia stock exchange during the period 2017 to 2020 consisting of 28 companies. The sampling technique used in this study was purposive sampling. Multiple regression analysis is used to analyze the data. The results of this study Through multiple linear regression analysis, it is known that the components of cash flow and net profit affect earnings per share. Simultaneously independent variables show can jointly affect earnings per share.

Environmental protection tax and the labor income share of companies: evidence from a quasi-natural experiment in China.

There is no conclusion on whether green development can symbiotically coexist with shared development, and the effect of environmental protection tax on labor share provides new evidence to answer this question. This paper presents a theoretical analysis of change in labor share in the exogenous impact of the enforcement of the Environmental Protection Tax Law of China, and proposes relevant hypotheses. At the same time, empirical data of listed firms on the main board from 2013 to 2019 are collected. A difference-in-differences model is constructed to test the hypotheses empirically. The study found that the reform of environmental protection fee to tax reduced the labor share of high-polluting firms by an average of about 1.43%. However, it did not significantly reduce the share of corporate executives' income. The reform of environmental protection fee to tax reduces the labor share of high-polluting firms through the crowding-out effect and the substitution effect of production technology. The heterogeneity study revealed that the reform of environmental protection fee to tax has more substantial negative impacts on firms with high financing constraints, low market concerns, and low government subsidies. There is no significant difference between the impact on state-owned and private firms. The reform of environmental protection fee to tax has a more substantial negative impact on the firms in Central and Western China than those in more economically developed Eastern China.

Effect of Company Profit, Operational Cash Flow and Book Value of Equity on Stock Price

In 2021, sector mining experienced a growth of 7.78% yearly (YoY). The reason occurs because of exists increase in the price of commodities by a hundred percent. It is what becomes something phenomenon based on the study of this. Study this conducted with destination for knowing influence from Company Profit, Operating Cash Flow, and Book Value Equity on the price of a share company. Company Profit, Operating Cash Flow, and Book Value Equity role as variable independent, while the share price plays a role as a variable dependent. As for the population in the study, this is company mining companies listed on the Indonesia Stock Exchange (IDX), totaling 47 companies. At the same time, the sample used in the study consists of 9 companies whose price share tends to be stable. Study this use method analysis multiple linear regression, with the testing hypothesis in the form of t-test (partial), F-test (simultaneous), and coefficients determination. Whereas method testing data using normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test. Results of the study show that company profit and book value Equity are positively and significantly influenced by Share Prices. Whereas Operating Cash Flow no had influence positive and significant on Share Prices.

The Effect of Voluntary Disclosure on the Market Value of the Shares of Companies Listed in the Iraq Stock Exchange

This research focused on the clarification and impact of voluntary disclosure on the market price of the shares of economic units in the Iraq Stock Exchange. As well as determining the market price of the share and the factors affecting it and analyzing the role played by voluntary disclosure in the stability of themarket value of shares. To achieve the research objectives, (50) questionnaires were distributed, The standard deviation and the arithmetic mean were extracted for each axis of the questionnaire to achieve the objectives and hypothesis of the research. Through this study, several conclusions were reached, The most important of which is that voluntary disclosure affects the market price of the share and thus leads to an increase in the market share of companies. Furthermore, voluntary disclosure increases the confidence and degree of uncertainty of decision-makers from investors and stakeholders. Moreover, the market price of a share is not only affected by the type of partial factors involved to the company's internal environment. However, other factors affect it. Several recommendations were reached, representing That disclosure is voluntary should receive attention appropriately from the Iraqi The economic units present in the stock market in IraqThe management of the companies must prepare the financial statements and the clarifications attached to them honestly Which reflects the result of the balance sheet of the economic unit.

Embedding fintech-specific content in higher education

Fintech is one of the most talked about topics in the finance industry in this era. Still, the change or increase in the market share of fintech companies is relatively small compared to that of other conventional financial services. To help the fintech industry, universities with academicians can play a vital role by introducing fintech-specific content. The most essential element in teaching fintech-specific content is teaching finance and technology (Hendershott et al., 2021). Regarding this, during the last few years, many top universities have taught fintech-specific courses in undergraduate, graduate, and executive programs. This content seeks to prepare specialists from the field who can strengthen the fintech industry better. For now, no specific curriculum or teaching format is taught by fintech as this is a fast-changing industry, and the curriculum needs to be adapted accordingly (Thomas & Milner, 2023). The authors are interested in understanding the critical elements regarding the content that must be introduced in these programs. This paper aims to build a structure for the universities to follow if they want to teach courses in fintech-specific content. To achieve this goal, the authors will collect information and conduct the content analysis on the profile of fintech-specific offered by the top 20 universities in the world and on the literature focusing on fintech-specific content. In addition, there will be a discussion on the pedagogical approaches suggested for higher education institutions building interdisciplinary programs like fintech-specific content programs.

Analysis and Research on the Impact of COVID-19 on China’s Enterprises and Their Investment and Development Plans

The COVID-19 pandemic has already contributed to a significant impact on China’s economy. As an important part of China’s economic development, the enterprises undertake the important function of solving social employment and maintaining the stability of the economic system. The COVID-19 pandemic has taken a huge economic recession in China. The purpose of this study is to better understand the impact of the epidemic on enterprises and to provide some references for the continued development of enterprises in China. This paper also prepares for other enterprises to resume operations after the outbreak. This paper uses literature analysis, case analysis and data analysis to explore the specific impact of the epidemic on some enterprises. It can be concluded that market share in different companies has been analyzed. Also, the investment strategies in some well-developed companies can be shared with other same-typed enterprises.

The income bond puzzle

The income bond puzzle

ФІНАНСОВА ГЛИБИНА ЕКОНОМІКИ УКРАЇНИ: СЕКТОРАЛЬНИЙ РОЗРІЗ

Визначення диспропорцій у формуванні фінансової глибини економіки дозволило відстежити невідповідності в розвитку банківського, небанківського секторів і ринку капіталу і, як наслідок, виявити розбалансованість усього процесу фінансового поглиблення. Кількісна оцінка банківського сектору України за період 2000 р. – серпень 2022 р. за допомогою показників монетизації економіки (співвідношення грошової бази до ВВП, М3 до ВВП), активів банківської системи (співвідношення активів НБУ і банків до ВВП, банківських кредитів до ВВП, вкладень банків у цінні папери до ВВП, частки наданих банківських кредитів суб’єктам господарювання і фізичним особам, частки наданих банківських кредитів строком до одного року, частки споживчих та іпотечних кредитів фізичних осіб), співвідношення капіталу й зобов’язань банків до ВВП (частки депозитів суб’єктів господарювання і фізичних осіб, частки строкових депозитів) свідчить про відрив банківської глибини від потреб реального сектору, а саме про відсутність «довгих» фінансових ресурсів і орієнтацію банків на швидкий дохід. Кількісна оцінка глибини небанківського сектору за період 2005 р. – II квартал 2022 р. (за допомогою співвідношення активів небанківського сектору до активів фінансового сектору; обсягів послуг, наданих страховими компаніями, кредитними спілками, фінансовими компаніями і лізингодавцями, ломбардами, недержавними пенсійними фондами) свідчить про зростання частки активів фінансових компаній і витіснення страхової галузі з 2015 р. Кількісна оцінка глибини ринку капіталу з 2000-х років говорить про його низьку роль у формуванні фінансової глибини через відсутність фінансових інструментів з високими інвестиційними властивостями і незначні обсяги ліквідності біржового обігу цінних паперів. Активізація банківського кредитування й біржової торгівлі цінними паперами виокремлено як напрями покращення формування фінансової глибини економіки України.

Pembagian Harta Bersama Pada Saham Pendirian Perseroan Terbatas

Divorcement of husband and wife does not necessarily terminate all matters between both divorced parties, there are legal consequences to be considered, one of which is joint property that must be shared. Positive law in Indonesia does not yet fairly regulate distribution of joint assets in shares of Limited Liability Companies in the Decision of the Supreme Court number 80/Pdt.G/2020/PN.JKT.UTR. Following the case above, the author is interested to discuss: (1) How is the distribution of joint assets in shares of the establishment of a limited liability company? (2) What are the Legal Consequences for the Distribution of Joint Assets to Limited Liability Company Shares? This study uses normative research methods. Several conclusions can be drawn from the results and discussion. First, in case the company is established by husband and wife then divorced, one of them must sell their shares to another person within 6 months, if after 6 months the shares have not been transferred to another person, all losses or legal consequences of the company is the responsibility of either husband or wife, and if there is an interested third party, they can apply for the company dissolution to the local District Court. Second, that the assets of a limited liability company established by husband and wife, any losses as long as the shareholder is a sole shareholder, will be the responsibility of the sole shareholder and borne by the assets of the shareholder. As legal protection provided by the law of limited liability company on the legal consequence is that each limited liability company shareholder becomes sole because of the reduction in the company's shareholder, then the law provides a period of 6 months to sell part of its shares to other parties.

The impact of sales promotion programs increasing the market share of companies from the point of view of sales representatives – an applied study on food industries companies in the Gaza Strip

هدفت الدراسة التعرف إلى أثر برامج تنشيط المبيعات في زيادة الحصة السوقية للشركات من وجهة نظر مندوبي المبيعات في شركات الصناعات الغذائية بقطاع غزة، وتم اعتماد المنهج الوصفي التحليلي، وتم بناء الاستبانة كأداة لهذا الغرض، تكونت من (67) فقرة موزعة على (7) مجالات، وهي (المسابقات، الكوبونات، الخصومات، العينات المجانية، التخفيضات، التقنيات الموجهة لرجال البيع، الحصة السوقية)، وبعد التأكد من صدقها وثباتها، تم تطبيقها على عينة مكونة من (90) مندوباً من شركة (حمادة للبوظة، الخليج للصناعات الغذائية، بيونير), وقد استخدم الباحثان أسلوب المسح الشامل؛ وذلك لصغر حجم مجتمع الدراسة، وسهولة الوصول إليه، وتم استرداد (70) استبانة بنسبة استرداد بلغت (77.77%). وتوصلت الدراسة إلى أن برامج تنشيط المبيعات في الشركات المبحوثة من وجهة نظر مندوبي المبيعات جاء بوزن نسبي (84.449%)، وهو بدرجة موافقة (كبيرة جداً). ومستوى زيادة الحصة السوقية للشركات من وجهة نظر مندوبي المبيعات جاء بوزن نسبي (82.766%)، وهو بدرجة موافقة (كبيرة)، وتبين أن هناك علاقة ذات دلالة إحصائية عند مستوى (α≤0.05) بين برامج تنشيط المبيعات ومستوى زيادة الحصة السوقية للشركات من وجهة نظر مندوبي المبيعات، كما أظهرت النتائج وجود أثر ذو دلالة إحصائية لبرامج تنشيط المبيعات في زيادة الحصة السوقية للشركات. ومن أهم توصيات الدراسة أنه يجب أن تقدم الشركات (محل الدراسة) تخفيضات خاصة في المناسبات المختلفة؛ لتنشيط الطلب على منتجاتها لزيادة الحصة السوقية، وكذلك الاهتمام بالخصومات في بيع المنتجات، حيث تسهم بسرعة بيعها في الأسواق، وضرورة أن تركز الشركة جهودها على السوق المتواجدة فيه أو أجزاء معينة منه، وتسهيل الحصول على منتجات الشركة من تجار التجزئة. الكلمات المفتاحية: برامج تنشيط المبيعات، زيادة الحصة السوقية. Abstract The study aimed to identify the impact of sales promotion programs in increasing the market share of companies from the point of view of sales representatives in the food industries in the Gaza Strip, and the descriptive analytical approach was adopted, and the questionnaire was built as a tool for this purpose. Contests, coupons, discounts, free samples, discounts, techniques directed to salesmen, market share), and after making sure of their validity and stability, they were applied to a sample of (90) representatives of a company (Hamada Ice Cream, Gulf Food Industries, Pioneer). The researchers used the comprehensive survey method, due to the small size of the study community, and its ease of access, and (70) questionnaires were retrieved with a recovery rate of (77.77%). The study concluded that the sales promotion programs in the companies surveyed from the point of view of the sales representatives came with a relative weight (84.449%), which is an approval degree (very large). And the level of increasing the market share of companies from the point of view of the sales representatives came with a relative weight (82.766%), which is a degree of agreement (great), and it was found that there is a statistically significant relationship at the level (α ≤ 0.05) between sales activation programs and the level of increasing the market share of companies from the point of view of view of sales representatives; the results also showed the presence of a statistically significant impact of sales activation programs and the level of companies’ market share increase. One of the most important recommendations of the study is that the companies under study should offer special discounts on various occasions, to stimulate the demand for their products to increase the market share, as well as pay attention to discounts in selling products, as they contribute to the speed of their sale in the markets, and the need for the company to focus its efforts on the market in which it is located or parts certain of it, and to facilitate obtaining the company’s products from retailers. Keywords: Sales activation programs, increasing market share.

The Effect Of Earning Per Share And Debt To Equity Ratio On Stock Price With Independent Commissioners As Moderation Variable (Study On Infrastructures Sector Companies Listed On The IDX Period 2018-2021)

The stock price is a reflection of the value of a company. The higher the stock price, the higher the value of the company. The company's share price is very important for various parties. The better the information provided by the company's management, the better the signals received by investors, resulting in the company's share price will increase in line with the Signaling Theory. This study aims to determine the effect of Earning Per Share and Debt to Equity Ratio on share prices with Independent Commissioners as moderation variables in infrastructure sector companies listed on the Indonesia Stock Exchange. The sample used was an infrastructure sector company listed on the Indonesia Stock Exchange for the 2018-2021 period that met the predetermined criteria, namely 47 samples. The data source used is quantitative data. The analysis techniques used include descriptive statistical analysis, outer models, inner models and hypothesis testing with the help of the SmartPLS 3.0 program. the results showed that Earnings per share and Debt to equity ratio influenced stock prices and independent commissioners did not moderate the effect of Earning Per Share and Debt to Equity Ratio on Stock Prices.

LEGAL REGULATION OF CONTROL AND SUPERVISION OF NON-BANKING FINANCIAL INSTITUTIONS

The purpose of the article is to distinguish between the regulatory and legal approaches to the interpretation of the definitions of "supervision" and "control"; to establish the general purpose of control and supervision over the activities of non-bank financial institutions; to consider the methods of regulatory and legal regulation of verification and identification of the client when concluding a loan agreement. The scientific discussion on the problem of legal regulation of control and supervision over the activities of non-banking financial institutions is presented. It is established that the need to form an effective state regulation of the development of the national economy and economic institutions in a market environment leads to the creation of an effective system of financial control. The concepts of "financial control" and "control function of finance" are distinguished. It is determined that the basis of the control function of finance is the movement of financial resources, and through the implementation of financial control the possibility of influencing the process of production, accounting and consumption is realized. The conclusion is made that rating agencies and credit history bureaus should become necessary elements of the system of state regulation and supervision by the National Bank of Ukraine over the activities of non-state financial institutions, which should occupy a mandatory place in information stories related to the regulation of supervision and the use of other administrative and legal means of control over the activities of non-state financial institutions. Results. The concepts of control and supervision over the activities of non-banking financial institutions are distinguished; the peculiarities of the formation of rating agencies and ensuring the effective operation of credit history bureaus are established; indicative criteria for assessing the necessary degree of supervision over the activities of a credit company were determined, which include: the book value of assets; market share of the credit company; the number of previous violations of the law. It is established that the main control and supervisory functions of the National Bank of Ukraine are: protection of clients' rights, compliance with the standards of service provision and requirements for their advertising; ensuring transparency and disclosure of information; ensuring impeccable business reputation of owners and managers; counteracting anti-competitive activities; combating abuse and illegal activities; control over the exercise of their powers.

Directions and recommendations for enterprises to overcome crises using anticipatory teams

Anticipatory management plays an important role in the quality functioning and development of the enterprise, which determines the relevance of the study of the selected problem. The purpose of the article is to substantiate the importance of anticipatory management in the management of agricultural enterprises through the introduction of anticipatory teams into the organizational structure, which was caused by the destabilization of the external and internal environment in the conditions of the RussianUkrainian war. During the research, general scientific and special methods were used: analysis and synthesis, abstract-logical. The types of crisis situations that may occur on the enterprise have been studied. The main factor of the onset of the crisis in agricultural enterprises of Ukraine has been determined. Special attention is paid to the consequences of Russian military aggression. An analysis of the main performance indicators of agricultural enterprises was carried out. The share of Ukrainian companies that have anticipative teams was determined. The urgency of forming anticipatory teams in agricultural enterprises is indicated, which is a necessary means of forecasting and overcoming all possible crises. The basic structure of the company's anticipatory team has been formed. It was established that solving the current crisis problems requires the involvement of specialists both at the state level and consultants from international organizations. It is recommended to create anticipatory teams at the level of agricultural enterprises, which will provide an opportunity for producers to quickly respond to crisis situations; it will be appropriate to implement the recommendations developed by the anticipatory team of donors. Thus, this study brings new knowledge about the specifics of the functioning of anticipatory teams and has practical value for Ukrainian agricultural enterprises in overcoming the consequences of crisis situations, including the Russian-Ukrainian war

Pengaruh Financial Leverage, Operating Leverage, Struktur Modal dan Kinerja Aset Terhadap Earning Per Share

This study aims to examine the effect of financial leverage, operating leverage, capital structure and asset performance on earnings per share (EPS) in automotive and component companies listed on the Indonesia Stock Exchange for the 2017-2021 period. This type of research is an associative quantitative research with secondary data sources from annual reports and financial reports of companies in the automotive and component sub-sector published by the Indonesia Stock Exchange (IDX). Determination of the sample by purposive sampling method in order to obtain 55 samples. The data analysis method used is multiple linear regression analysis, the data is processed using software eviews 12. The results show that (1) financial leverage as proxied by degree financial leverage (DFL) has no significant effect on earnings per share (EPS), but has positive or unidirectional relationship, (2) operating leverage as proxied by degree operating leverage (DOL) has no significant effect on earnings per share, but has a positive or unidirectional relationship, (3) capital structure is proxied by long term debt to equity ratio ( LDER) does not have a significant effect on earnings per share, but has a positive or unidirectional relationship (4) asset performance as proxied by return on assets (ROA) has a positive and significant effect on earnings per share.

Pengaruh Faktor Makroekonomi pada Return Saham Perusahaan Infrastruktur Tercatat dalam Indeks Saham Syariah Indonesia

The purpose of this study is to find out the influence of variable inflation, BI interest rates, exchange rates, and money supply on the Return of Shares of Companies listed in the Indonesian Sharia Stock Index. The dependent variables used in this study are the return of shares of 20 companies listed in the Indonesian Sharia Stock Index, while the independent variables are inflation data, BI interest rates, exchange rates, and money supply. The type of data used in this study is secondary time series data sourced from Bank Indonesia, the Central Statistics Agency, and the Indonesia Stock Exchange for the period 2016 to 2020. The study used the Multiple Linear Regression Analysis method with the classical assumption test, and the hypothesis test used the SPSS application to see the influence of independent variables on dependent variables. The results of this study are that inflation, BI interest rates, and money supply do not have a significant effect on stock returns, while variable exchange rates have a negative and significant effect on stock returns, and simultaneously the four variables do not have a significant effect on stock returns.

Analysis on the Consequences of Baoshan Iron and Steel Group's Absorption and Merger with Wuhan Iron and Steel Group

Using Baoshan iron and steel group and Wuhan iron and steel group as the research objects, this paper will introduce the state-owned enterprises in China. Firstly, it introduces the basic information and merger motivation of the two companies. Secondly, through the event study method and comparative analysis method, further investigating the changes of stocks after business merger. Finally, using the data of financial statements and relevant numerical analysis, it is found that the merger has a certain positive impact on the fluctuation of the company's value and share price, and effectively improves its position and value in the market.

Factors Affecting Dividend Policy in Indonesian State-Owned Enterprises (SOEs)

This study examines factors affecting dividend policy with firm size, leverage, and profitability as control variables. Among the management policies aimed at improving the welfare of stakeholders, the result is in the form of dividends. Investors who receive dividends from companies that distribute dividends expect the company's share price to increase. The study population was all publicly listed SOEs listed on the IDX in 2022, with 20 companies in the observation year for 11 years from 2011 to 2021. The determination of the sample in this study used the non-probability sampling method with purposive sampling technique so that the total sample into 220 observed companies. This study uses multiple linear regression. The results showed that dividend premium, free cash flow, and audit delay had a significant positive effect on dividend policy, and firm size, leverage, and profitability were able to be control variables for this direct relationship.