Consumer Goods Industry Sector Research Articles

Pengaruh Profitabilitas, Likuiditas, Struktur Aset, dan Pertumbuhan Penjualan Terhadap Struktur Modal pada Perusahaan Sektor Consumer Goods Industry yang Terdaftar di Bursa Efek Indonesia Tahun 2019-2022

This research aims to test and analyze the influence of profitability, liquidity, asset structure, and sales growth on capital structure in companies in the consumer goods industry sector. This type of research is quantitative research with a sample of companies in the consumer goods industry sector. The independent variables used in this research are profitability, liquidity, asset structure, and sales growth, while the dependent variable in this research is capital structure. The sample in this study was 32 companies using the purposive sampling technique. The data analysis method used is multiple regression analysis. Based on the results of research conducted with a sample of 32 companies, it can be concluded as follows: (1) The profitability variable has a significant positive influence on capital structure because the company is carrying out expansion which requires a lot of funds to encourage increased profits in the future. (2) The liquidity variable has a significant negative influence on capital structure because sector companies that have high liquidity means they can pay short-term debt, so they tend to reduce total debt, which ultimately will make the capital structure smaller. (3) The asset structure variable does not have an influence on the capital structure because most of the company's fixed assets are financed with the company's internal funds. An increase in fixed assets is not always followed by an increase in long-term debt. (4) The sales growth variable does not influence the capital structure because sales tend not to be supported by an efficient increase in the company's capital, resulting in operational costs that are too high

The Effect of Profitability, Dividend Policy and Capital Structure on Firm Value of the Consumer Goods Industry Sector Listed in the Indonesia Stock Exchange (IDX)

This study aims to examine and obtain empirical evidence that Profitability, Dividend Policy and Capital Structure, affect the firm value of consumer goods industry sector listed in Indonesia Stock Exchange in the 2011-2021 period. The study was conducted on 18 manufacturing companies listed in the Indonesia Stock Exchange for the period 2011 – 2021. The data used in this study is regression analysis multiple. The method used in this research is explanatory with a quantitative approach and the sampling used is simple purposive sampling. Analysis Explanatory is used to explain the relationships between the variables firm value, that profitability, dividend policy and capital sructure. The results show that profitability, dividend policy and capital structure has a positive effect on firm value. The results also show that the simultaneous test concludes that all independent variables affect the dependent variable.

PENGARUH PROFITABILITAS, STRUKTUR ASET, DAN LIKUIDITAS TERHADAP STRUKTUR MODAL

This study aimed to examine the influence of profitability, asset structure, and liquidity toward capital structure on consumer goods industry sector companies listed in the Indonesia Stock Exchange for the 2016-2020 period. Sample was selected by using simple random sampling method. The number of samples are 36 companies over the past five years, there are 180 samples. Data processing techniques using multiple regression analysis what helped by EViews 10 and Microsoft Excel 2013. The results of this study conclude that the profitability have no effect on capital structure. Asset structure have effect on capital structure positively and liquidity have effect on capital structure negatively. The implication of this study is the need to increase asset structure that will increase capital structure which will bring a good signal for investors.

Kontribusi Penerapan Good Corporate Governance Dan Eco-Efficiency Terhadap Nilai Perusahaan Dengan Kinerja Keuangan Sebagai Pemoderasi

This research examines the value relevance of the concept of environmental efficiency which refers to the process of maximizing the effectiveness of business processes in order to minimize a company's environmental impact. This research aims to determine how the contribution of good corporate governance (GCG) and environmental efficiency is moderated by financial performance on company value. This research uses secondary data from 2018 to 2022 and was conducted on companies in the non-primary consumer goods industry sector listed on the Indonesia Stock Exchange. Information obtained from annual reports and sustainability reports. The sampling method used was the purposive sampling method, obtaining a sample of 56 companies with 280 observed data. This data analysis method uses Moderated Regression Analysis (MRA). The research results show that companies that implement eco-efficiency strategies can increase their company value. Eco-efficiency strategies are able to produce greater cost efficiency and profits, so they are carried out by companies to improve their financial performance. This research also found that financial performance was able to mediate the relationship between eco-efficiency and company value. However, this does not affect the ability to implement GCG to increase the company's performance value. The contribution of this research lies in analyzing the influence of eco-efficiency, GCG, on company value in customer goods companies with ISO 14001 Certificate.

PENGARUH PERENCANAAN PAJAK, LEVERAGE DAN UKURAN PERUSAHAAN TERHADAP MANAJEMEN LABA PADA PERUSAHAAN MANUFAKTUR SEKTOR INDUSTRI BARANG KONSUMSI YANG TERDAFTAR DI BEI PADA TAHUN 2017-2021

The purpose of this study is to examine and explain the effect of tax planning, leverage, and company size on manufacturing companies in the consumer goods industry sector which are listed at the Indonesian Stock Exchange in 2017-2021. This research was conducted at the Indonesia Stock Exchange for manufacturing companies in the consumer goods industry sector using secondary data and a purposive sampling method. The data analysis method used is quantitative analysis using descriptive statistics, panel data regression analysis, and hypothesis testing using E-views version 10. The results of this research show that tax planning and firm size have no significant effect on earnings management. Leverage have a no significant effect on earnings management. Simultaneously tax planning, leverage, and firm size affect earnings management.

PENGARUH FRAUD DIAMOND TERHADAP FRAUDULENT FINANCIAL REPORTING DENGAN KOMITE AUDIT SEBAGAI VARIABEL MODERASI (STUDI PADA PERUSAHAAN NON CYCLICAL YANG TERDAFTAR.DI BURSA EFEK.INDONESIA.TAHUN 2018-2021)

This research aims to analyze the effects of Fraud Diamond, which is divided into pressure, opportunity, rationalization, and capability, on fraudulent financial reporting with the audit committee as a moderating variable in the consumer goods industry sector in manufacturing corporations listed on the Indonesia Stock Exchange (BEI). In this research, purposive sampling was used to select 24 samples focused on corporations in the non-cyclical consumer goods industry sector during the 2018-2021 period. The data used came from secondary sources, such as financial reports and corporate annual reports downloaded from corporate websites and the Indonesian Stock Exchange website. Data analysis was carried out using a multiple regression model through the SPSS (Statistical Program for Social Science) data processing application. The research results indicate that there is a positive influence of rationalization factors on fraudulent financial reports. However, pressure and opportunity factors do not have a positive influence on fraudulent financial reports. Apart from that, the capability factor has a negative influence on fraudulent financial reports. It is important to note that the audit committee was unable to reduce the influence of pressure, opportunity, capability and rationalization factors on fraudulent financial reports.

PENGARUH ARUS KAS OPERASI, PROFITABILITAS, KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN TERHADAP HARGA SAHAM

This study aims to determine the effect of Operating Cash Flow, Profitability, Forest Policy and Dividend Policy on Stock Prices both simultaneously and partially, with the object of research being manufacturing companies in the consumer goods industry sector which are listed on the Indonesia Stock Exchange (IDX). The sampling method for this study used the purposive sampling method with a total of 54 companies based on population and 20 companies were selected as samples. The design of this study is a causal study using quantitative methods and using secondary data. The data analysis technique uses a panel data regression technique, which combines cross section and time series data for 4 years from 2019-2022, using IBM SPSS software version 24.The results of this study partially show that Operating Cash Flow, Profitability, Debt Policy and Dividend Policy affect stock prices.

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.

Pengaruh Corporate Governance, Profitabilitas, dan Capital Intencity terhadap Tax Avoidance

This study aims to examine the effect of independent commissioners, audit committees, profitability and capital intensity on tax avoidance. This research is a quantitative research, the type of data used is secondary data obtained from the company's annual report. The population in this study are manufacturing companies in the consumer goods industry sector which are listed on the Indonesia Stock Exchange (IDX) for 2020-2022. A total of 111 samples were determined using the purposive sampling method and analyzed using multiple linear regression using the SPSS analysis tool. The results of the study show that independent commissioners have significant effect on tax avoidance, while audit committees, profitability and capital intensity have no significant effect on tax avoidance.

The Effect of Capital Structure, Profitability and Audit Quality on Company Value with Company Size as a Moderation Variable

This study aims to analyze and examine the effect of capital structure, profitability, and audit quality on firm value with firm size as a moderating variable. From several populations of IDX indexed companies in the consumer goods industry sector, from the period 2017 to 2021, 64 companies were taken according to the criteria as samples. This research uses multiple regression analysis to measure the relationship between one variable and another. It was concluded that the research results show that capital structure and profitability can have an impact on company value. Unlike the case with audit quality indicators, it is known that they have no effect on company value. Another factor that can strengthen the profitability relationship is that it depends on the size of the company on the value of the company. On the other hand, company size is also able to weaken the relationship between capital structure and audit quality on company value

Pengaruh Komisaris Independen, Komite Audit, dan Kualitas Audit terhadap Tax Avoidance

This study aims to examine whether or not there is an influence between independent commissioners, audit committees, and audit quality on tax avoidance. This research includes quantitative research using secondary data obtained from the company's annual report. The population of this study are manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange (IDX) for the period 2018 to 2020. A total of 78 samples were selected using the purposive sampling method, and analyzed using multiple linear regression. The results showed that the independent commissioner had a significant effect on tax avoidance, while the audit committee and audit quality had no effect on tax avoidance. The results of the study imply the role of supervision and monitoring in implementing optimal corporate tax planning to reduce the level of tax avoidance.

PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN, LEVERAGE TERHADAP TAX AVOIDANCE (Studi Empiris pada Perusahaan Manufaktur, Sektor Industri Barang Konsumsi, Sub Sektor Industri Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Tahun 2017 sampai 2021)

This study aimed to analyze influence of profitability on tax avoidance, firm size on tax avoidance, leverage on tax avoidance, as well as analyze influence of profitability, firm size, and leverage simultaneously against tax avoidance.Measuring tax avoidance in this study using the CASH ETR, profitability using return on asset (ROA), firm size using SIZE and leverage using debt to equity ratio (DER) . The population in this research are the manufacturing companies in the consumer goods industry sector, food and beverThe sampling technique is a purposive sampling method age industry sub sector. listed in Indonesia Stock Exchange for year 2017-2021. The sampling technique is a purposive sampling method by considering criteria-criteria, which result for 75 data sample. The analysis method uses descriptive statistic analysis and regression analysis with SPSS version 26.Descriptive statistical test results showed an average of 28,56% CASH ETR indicated high levels of the tax avoidance. Regression test results shows that variabel of the profitability and leverage have a significant effect on tax avoidance, while firm size not effect on tax avoidance. Simultaneous statistic test show that variabel of profitability, firm size, and leverage have a significant on tax avoidance.

Green Accounting dan Kinerja Lingkungan: Strategi Menyelamatkan Bumi atau Menguntungkan diri sendiri ?

This study examines the effect of green accounting and environmental performance on the profitability ofmanufacturing companies in the consumer goods industry sector in Indonesia. The research data is in theform of annual financial reports for the period of 2018-2022 obtained from the official BEI website. Theresearch sample consists of 60 data selected by purposive sampling. Data analysis uses multiple linearregression with SPSS for Windows version 26.0. The results show that green accounting has a negative andsignificant effect on profitability, while environmental performance has a positive and significant effect onprofitability. This indicates that green accounting is not effective as a strategy to save the earth or benefitoneself, but rather causes high costs without providing significant added value. On the contrary,environmental performance is effective as a strategy to save the earth and benefit oneself, because it canincrease resource efficiency, reduce environmental costs, meet consumer expectations, increase reputation,and strengthen the competitive advantage of the company. Green accounting and environmentalperformance together have a significant effect on profitability. This study provides implications forcompanies, governments, and society about the importance of green accounting and environmentalperformance in improving profitability and sustainability of the company

PENGARUH UKURAN PERUSAHAAN, LEVERAGE, DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS

The population in this study are all Consumer Goods Industry Sector Companies listed on the Indonesia Stock Exchange 191 companies in the 2019-2021 period. The sampling technique used was purposive sampling, so the final sample obtained was 186 companies belonging to the Consumer Goods Industry sector on the Indonesia Stock Exchange for the 2019-2020 period. In this study the method of data analysis using multiple linear regression analysis. The results of this study explain that company size and inventory turnover have a positive effect on profitability, while leverage has a negative effect on profitability.

Pengaruh cash holding, foreign ownership, struktur modal, dan perputaran modal kerja terhadap nilai perusahaan

This study aims to determine the effect of cash holding, foreign ownership, capital structure, and working capital turnover on the firm value. The population used in the study was consumer goods industry sector companies listed on the Indonesia Stock Exchange in 2019-2021 with sample selection based on several criteria that have been set. The Data used in the study is quantitative data obtained from the company's annual report. Data analysis techniques using multiple linear regression processed using STATA version 14. The results showed that cash holding has a positive effect on the firm value, foreign ownership has a negative effect on the firm value, capital structure does not positively affect the firm value and working capital turnover does not positively affect the firm value.

Analisis Faktor yang Mempengaruhi Enterprise Risk Management

This research aims to produce empirical facts / models that can explain the factors that influence ERM. To test the hypothesis that has been formulated through proving the results of the research used in statistical calculations so that the results of proof showing the rejection of Ho or acceptance of Ha are obtained. In this research, the research object was Manufacturing Companies in the Consumer Goods Industry Sector in 2019. The results of the F test show that financial leverage, company complexity and company size jointly affect ERM. The results of the t test show that financial leverage has a significant negative effect on ERM, firm size has a significant positive effect on ERM, and industry competition has no significant effect on ERM.
 keywords: financial leverage, industry competition, company size, ERM.

The Influence of Return on Assets, Current Ratio and Debt to Asset Ratio on Financial Distress in Consumption Goods Industry Sector Companies Listed on The Indonesia Stock Exchange in 2017-2021

The purpose of this study was to analyze the impact of Return On Assets (ROA), Current Ratio (CR), and Debt to Assets Ratio (DAR) on financial distress for companies in the consumer goods industry sector during the 2017-2021 period. The population in this study were companies in the consumer goods industry sector which were listed on the Indonesia Stock Exchange from 2017 to 2021. Sampling was carried out by purposive sampling based on the criteria, a sample of 20 companies was obtained. The data source used is secondary data with the documentation method. The analytical method used is descriptive analysis and logistic regression with a significance level of 0.05 using the IBM SPSS 25 program. The results of this study indicate that return on assets (ROA) and debt to asset ratio (DAR) have a positive and significant effect on financial distress. Current ratio (CR) has no effect on financial distress. Through the results of this study it is hoped that it can help company managers in consumer goods industry sector companies to continue to improve effective and efficient financial ratios in order to avoid financial distress.

The Effect of Liquidity Ratios, Profitability Ratios, and Solvency to Value Ratio Company Studies on Sector Companies Consumer Goods Industry Listed on IDX Period 2018-2021

This study examines the effect of the company's liquidity, profitability, and solvency ratios on company value and company size is used as a control variable. Using the Purposive Sampling method with a total sample of 184 business entities in the consumer goods industry sector in Indonesia for the 2018-2021 period. The data analysis technique uses multiple linear regression analysis with the help of the SPSS 26 program. The findings showed that the liquidity ratio had no impact on the value of the company, while the ratio of profitability and solvency had a significant influence on the value of the company according to the hypothesis built in the study. The size of the company proved to significantly affect the value of the company. The implication of this research is that investors can use financial ratio analysis to make decisions before investing. Companies must also pay attention to their financial performance if they want to get investment funds. Large-scale companies usually have a large number of assets so that they can generate large profits, this is what can increase the value of the company.

KINERJA DAN HARGA SAHAM PERUSAHAAN MANUFAKTUR PADA MASA PANDEMI COVID-19

This research aims to simultaneously and partially examine the influence of profitability, liquidity, and solvency on stock prices in manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange during the Covid-19 pandemic. This quantitative research uses secondary data sources through annual financial reports available on the official website of the Indonesia Stock Exchange and analyzed using a multiple linear regression model via SPSS version 23. The research population is manufacturing companies in the consumer goods industry sector using a purposive sampling technique of 61 companies. The criteria set are that manufacturing companies in the consumer industry sector submit annual financial reports in 2020 and 2021. The research results show that profitability, liquidity, and solvency variables simultaneously influence stock prices in manufacturing companies in the consumer goods industry sector. Then partially, liquidity and solvency do not affect stock price, but profitability affects stock price.

Analysis of the effect of assets structure, earning volatility and financial flexibility on capital structure in consumer goods industry sector companies on the Indonesia stock exchange

PurposeCapital structure is an important factor for the company because it will be directly related to the financial condition of the company. This study aims to determine the effect of asset structure, earning volatility, and financial flexibility on capital structure.Design/methodology/approachThe population in this study was 52 companies in the consumer goods industry sector on the Indonesia stock exchange (IDX) and a sample of 39 companies obtained by purposive sampling method. The research method used in this study is multiple linear regression analysis using Eviews software.FindingsThe test results in the study show that asset structure and financial flexibility have a positive effect on capital structure, while earning volatility does not affect capital structure in companies in the consumer goods industry sector on the IDX.Research limitations/implicationsThe results of this research can contribute to the addition of knowledge in the field of accounting, especially regarding the capital structure. Company management can use the results of this research as a reference and consideration to find out the factors that affect the capital structure so that company management can still maintain the company's survival and improve company performance.Practical implicationsThe results of this study can contribute to the addition of knowledge in the field of accounting, especially regarding capital structure. Company management can use the results of this research as a reference and consideration to determine the factors that affect the capital structure so that company management can still maintain the survival of the company and improve company performance.Social implicationsThis study only uses the variables of asset structure, financial flexibility and earning volatility as independent variables. Further research is recommended to consider the use of other variables that can affect capital structure and if using the same variable is expected to use research objects that have stable or increasing asset and income values, so that asset structure variables and profit volatility can show significant results and influences.Originality/valueThis study is one of the few studies that examines how the effect of asset structure, profit volatility and financial flexibility on capital structure in companies in the consumer goods industry sector on the IDX. Company management must pay attention to the composition of the capital structure as well as possible and make careful planning and the right decisions so as to produce a capital structure that can provide profits.