Corporate Profits Research Articles

Financial Ratios and Stock Return in the Food and Beverage Company

This study uses financial ratio analysis to investigate the company's stock returns. This study aims to determine the dominant influence of several financial ratios on stock returns. Financial ratios are helpful in evaluating relied returns. The quantitative research approach is used to analyze how financial ratios affect stock returns. The population of this study is companies in the food and beverage sector listed on the Indonesia Stock Exchange. The analysis was carried out from 2017 to 2020 using secondary data sources. Purposive sampling is used in this study, with the sample chosen based on predetermined standards and subjected to multiple linear regression analysis. The analysis' findings demonstrate that DER and TATO have no significant effect on stock returns, while CR, ROA, and ROE have a significant effect on stock returns. optimal corporate profitability is not always achieved by having too many current assets. Additionally, unproductive management of surplus and unused funds will impact declining stock returns. The results of this study indicate that idle current assets cannot generate company profitability because the current ratio is too high indicating an excess of current assets relative to fixed assets.

Corporate profit tax, managerial delegation and multinational firm's transfer pricing

AbstractThis paper analyzes the transfer pricing decision of the multinational firm. There are differences in profit tax rates between home‐country and host‐country. The multinational firm determines the transfer price to its overseas affiliate and delegates the responsibility of deciding on the final sales to its affiliate manager. We find that: (1) The multinational firm will set a higher transfer price if its affiliate hires a manager. If the host‐country firm also hires a manager, the managerial delegation may lead to an asymmetry “prisoner's dilemma”. (2) When home‐country's tax rate is higher than that in the host‐country, multinational firm tends to set a lower transfer price relative to the marginal production cost. (3) When host‐country's tax rate is higher than that in the home‐country, an increase in the host‐country corporate tax rate decreases multinational firm's profit and the consumer surplus, while its impact on the host‐country firm's profit is non‐monotone; an increase in the home‐country tax rate decreases host‐country firm's profit, increases consumer surplus, but has a non‐monotone impact on multinational firm's profit.

Public Administration and Economic Analysis of the Region along Slovakia’s Southern Border

The paper analyses the economic situation of the districts located along the Southern border of Slovakia, which have sizeable Hungarian-speaking populations. Unemployment ratios, industrial pay levels and corporate profitability figures make up the backbone of the analysis. Our research reveals that, as a whole, the Southern districts fall short of the national average in terms of all economic and demographic indicators. In our research focusing on Slovakia, we have demonstrated the disadvantaged economic situation of the Southern part of the country, where its Hungarian population is concentrated, noting that this may further weaken its ability to retain their population. We used the same methodology for our analysis of the Northern Hungarian counties bordering on Slovakia. In both countries, there are discrepancies between Western and Eastern regions.

Islamic Corporate Social Responsibility Disclosure, Profitability, and Visibility of Sharia Commercials Bank in Indonesia

Islamic Corporate Social Responsibility Disclosure, Profitability, and Visibility of Sharia Commercials Bank in Indonesia

Pengaruh CEO Narcism, Corporate Social Responsibility Syariah, Profitabilitas, dan Likuiditas, Terhadap Nilai Perusahaan (Studi Empiris pada Real estate, property dan construction yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2017-2021)

This study aims to examine the influence of CEO Narcism, CSR, ROA and Liquidity on company value. The problem in this study is shown by the value of stock price growth from the property, real estate and construction sectors showing a decline in 2018 to 2020. Based on the problem, the problem in this study is: How does the CEO of Narcism, Corporate social responsibility, profitability, and liquidity affect the company's value in Real estate, property and construction listed on the Indonesia Stock Exchange for the 2017-2021 period)?. This research uses secondary data in the form of financial statements obtained through the Financial Services Authority website. This study used purposive sampling method. The population in this study is all property, real estate and construction companies whose shares have been listed on the IDX since 2017-2021. A total of 53 companies were selected as research samples during 2017-2021. The analysis method used in this study is multiple regression analysis. Based on the results of data analysis and discussion that has been put forward about the influence of CEO Narcism, CSR, ROA and Liquidity on company value, it can be concluded that ROA has proven to have a significant effect on company value, this indicates that the increase in company value is influenced by an increase in ROA, meaning ROA policy What the company does affects the value of the company. CEO Narcism, CSR and Liquidity have not proven to have a significant effect on company value.

Optimal dynamic strategy for emission reduction and operation considering hybrid carbon policy with carbon tax and cap-and-trade

Global warming has always been a constant concern for various countries, and carbon emissions are one of the main causes. Accordingly, how to reduce emissions is a problem that enterprises need to pay attention to. The enterprise’s emission reduction activities are closely influenced by government policies. This paper analyzes the effect of a hybrid carbon policy, which means a combination of carbon tax and cap-and-trade policies, on the manufacturer’s carbon abatement activities and supply chain operations in such a condition that the government operates free and paid carbon emission quotas. The study adopts a differential game approach to examine the optimal decision of the supply chain members. We compare the optimal strategies in centralized and decentralized scenarios and put forward a coordinated contract to achieve the Pareto improvement. Our study shows that the carbon tax rate, carbon trade price and the proportion of paid quota all positively affect the emission reduction activities of enterprises over time, but negatively impact the corporate profit and social welfare. However, the set of above policies is advantageous to consumer surplus within a certain range. As for the revenue sharing-transfer payment hybrid contract, when its sharing rate increases within a certain range, the enterprise’s carbon abatement and supply chain members’ profits will improve at the same time. The adjustment of the above policies depends on which aspect the government focuses on.

The Impact of China's Pandemic Deregulation Policy on SSEC and SZSE Indexes

In early stages of the COVID-19 outbreak, Chinese stock market experienced a sharp decline as investors became increasingly concerned about the economic consequences of the pandemic. As the pandemic continued to spread globally, the Chinese government implemented strict measures to control its spread, which included lockdowns, travel restrictions, and other forms of social distancing. Although these measures worked, economy was drastically affected with many stores closing down and consumer expenditures significantly declining. This, meanwhile, led to a decrease in corporate profits and a reduction in investor confidence. However, on December 8, 2022, the Chinese government issued a pandemic deregulation policy identifying people would return to their normal life. In this paper, prices of the Shanghai Stock Exchange Composite (SSEC) index and Shenzhen Securities Component (SZSE) index were retrieved and ARIMA method was adopted to predict the stock prices for a period after the pandemic. The author compared forecast prices with the actual stock prices and then analyzed the implications of the deregulation policy on the stock market. These two indexes are only a snapshot of the Chinese economy, and certain informative feedback can be obtained through this study, which is helpful to relevant investors and policy makers.

Analysis Of The Influence Of Company Size, Good Corporate Governance And Profitability On The Value Of Idx-30 Companies Listed On The Indonesian Stock Exchange

The purpose of this study is to determine whether a company's size, profitability, and level of corporate governance affect its overall value. The method that the researchers in this study have selected is called purposeful sampling. The IDX-30 enterprises that are listed on the Indonesia Stock Exchange comprise the population of this study. The data used in this study are secondary. Two methods are available to researchers for gathering the data for analysis: documentation and a review of existing literature. This study's analytical approach makes use of quantitative analysis methods that are handled by SPSS. This study employed traditional assumption test analysis, model testing, and hypothesis testing. The following conclusion can be drawn from the presented research results: The value of the corporation is unaffected by good corporate governance as demonstrated by independent commissioners. There is no correlation between management ownership and good corporate governance and the value of the company. There is no correlation between institutional ownership and good corporate governance and a company's worth. The ROA's projection of profitability affects the company's worth. The ROE's projection of profitability raises the value of the enterprise. The worth of a corporation is independent of its size.

DIVIDEND POLICY STRATEGY: Moderating the Effect of Financial Conditions and Investment Opportunities on Corporate Profit Growth

This study aims to determine the effect of the company's financial condition and investment opportunity set on profit growth with dividend policy as a moderation in food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange in 2016-2021. The type of research used is quantitative associative. The data used are secondary data obtained from the Indonesia Stock Exchange for the research period. Sample selection was carried out based on the purposive sampling method with certain criteria so that 19 company samples were obtained. Data processing using statistical program eviews version 10. The research method uses regression analysis, namely t test, f test and moderated regression analysis. The results of the t test show that the company's financial condition has a positive and significant effect on profit growth, the investment opportunity set has a positive and significant effect on profit growth, the company's financial condition and investment opportunity set simultaneously affect profit growth, and the dividend policy is able to moderate the investment opportunity set on profit growth. However, the dividend policy does not moderate the company's financial condition against Profit growth in food and beverage sector companies for the 2016-2021 period.

Relationship between Working Capital Management, Corporate Social Responsibility, Liquidity Risk, and Profitability on the Performance and Sustainability

The objective of this study is to investigate the correlation among working capital management, corporate social responsibility, liquidity risk, profitability, performance, and sustainability in Indonesian manufacturing companies. Data were collected from 150 companies in West Java, Indonesia, and analyzed using the PLS-SEM approach. The analysis results show working capital management, corporate social responsibility, and liquidity risk have a significant positive effect on profitability, which in turn has a positive impact on performance and sustainability. These results support the research and provide insights into the importance of managing working capital, adopting corporate social responsibility practices, and reducing liquidity risk to improve profitability, performance, and sustainability in Indonesian manufacturing companies.

Islamic Corporate Social Responsibility Disclosure, Profitability, and Visibility of Sharia Commercials Bank in Indonesia

The purpose of this study is to analyze the effect of profitability and visibility on Islamic Corporate Social Responsibility Disclosure (ICSRD) of Islamic Commercial Banks in Indonesia for the period 2020 – 2022. This research is a quantitative study using secondary data from the Islamic Commercial Bank's Annual Reports and Sustainability Reports. The effects are examined based on content analysis of 9 Islamic Commercial Banks in Indonesia using a purposive sampling technique. The results showed that profitability and visibility simultaneously had a significant effect on the ICSRD of Islamic Commercial Banks in Indonesia for the period 2020 – 2022. However, partially the profitability did not affect ICSRD. Meanwhile, the visibility has a significant effect on ICSRD partially. The results of this study are expected to provide a reference for Islamic Commercial Banks policymakers to always improve the ICSR to maintain customer confidence in the operations of Islamic Commercial Banks in Indonesia.

Environmental disclosure practices in mixed ownership models: A study of Chinese private enterprises.

Environmental information disclosure is critical avenue for stakeholders to gauge the fulfillment of corporate environmental responsibilities, as well as a key path for companies to gain social reputation and achieve sustainable development. To achieve both economic and social sustainability and improve the environmental information disclosure by private firms, this study delves into the impact mechanism and realization path of mixed ownership reform on environmental information disclosure among Chinese private enterprises listed between 2010 and 2020. Utilizing a panel fixed effect model, we scrutinize the interplay between state capital involvement and the disclosure of environmental information by private enterprises. Our findings reveal that state capital involvement may encourage private enterprises to disclose environmental information through resource allocation and governance improvements. The higher the shareholding ratio of state-owned participating shareholders, the more it helps private firms to disclose environmental information. State-owned shareholders play a pivotal role in the appointment of supervisors, directors, and executives, effectively improving corporate governance mechanisms and positively moderates how private companies with state-owned capital participate in disclosing environmental information. Moreover, the magnitude of media coverage and the public opinion pressure faced by private enterprises further amplify the influence of state-owned capital involvement on environmental information disclosure. Additionally, our research reveals that corporate profitability partially interplays with the effects of state-owned capital disclosure of environmental information by private companies. According to the research results, we recommend that the government proactively promote mixed ownership reform with private enterprises as the main participants, fully leveraging the resource advantages and influence of state-owned capital. At the same time, it is imperative to strengthen the governance effect of internal state-owned shareholders and external public opinion supervision in private enterprises. Enhancing profitability is also identified as a key driver for private enterprises to engage in more robust environmental information disclosure practices.

Regional accounting conservatism and macroeconomic growth: evidence from China

ABSTRACT The quality of accounting information determines whether such information can serve as an effective basis for rational macroeconomic regulation and investment decisions. Studying accounting conservatism is crucial because it plays a pivotal role in shaping the macroeconomic landscape. This study examines the impact of accounting conservatism on the speed and quality of macroeconomic growth in emerging markets. Our findings indicate that regional accounting conservatism can hinder the speed of macroeconomic growth but enhance its overall quality. This effect is channelled primarily through aggregate corporate profits, total factor productivity level, and dispersion. Further analysis reveals that this relationship is more pronounced in regions characterised by high financial marketisation, weak government intervention, and well-developed intermediary markets. This study significantly enriches our understanding of the macroeconomic consequences of accounting conservatism in emerging markets and provides valuable insights into future macroeconomic trends at both the quantitative and qualitative levels.

A systematic study on the correlation between governance structure and strategic performance of Chinese listed companies in the context of deep learning

Abstract The analysis of the links and uncertainties between independent variables and dependent variables is effective. Then, the factor analysis method is applied to establish a comprehensive performance evaluation system that takes into account four dimensions: corporate profitability, solvency, development ability, and operation ability. Finally, using a regression analysis model to analyze performance factors and correlation analysis, the correlation and significance level between corporate governance structure and enterprise performance were explored. The regression coefficient of the social performance of board-size enterprises is -0.034, which negatively affects economic performance. The significance of corporate compensation incentives, equity incentives and economic performance is 5% and 1%, respectively, which has a positive effect. This study is important for improving corporate performance and optimizing corporate governance structure.

Towards Carbon Neutrality and Circular Economy in the Glass Industry by Using the Production Decision Model

In the modern age, where global warming is intensifying year by year, carbon reduction has long been an issue that countries all over the world must pay attention to. Therefore, governments have established a carbon tax and trading system to control the total carbon emissions of each country. According to the European Container Glass Federation (FEVE), every 10% recycled waste glass can reduce carbon dioxide emissions by 5%. Recycling waste glass will not only save the cost of raw materials but also make a significant contribution to sustainable development. This study uses the circular economy concept in the glass industry to recycle waste glass. It combines activity-based costing (ABC) and the Theory of Constraints (TOCs) to establish a production decision-making model, including carbon tax and trading. The objectives of this study are to solve the problem through mathematical programming to explore the impact of the carbon tax and carbon rights cost on corporate profits and to provide the government with the results as a reference for establishing a carbon tax system.

Supporting places left to the sea: A place-based research agenda for regional coastal transformations in the blue economy

The blue economy purportedly involves equitable and sustainable development across a range of ocean sectors spanning fisheries, aquaculture, tourism, shipping, seabed mining, oil and gas extraction, and renewable energy. Here, we argue that blue economy scholarship and policy gives insufficient attention to coastal regions – and the cities, towns, and villages within – that depend on these sectors. Rather than prioritising the profitability of corporations and expansion of industry, we advise actors to consider three transformative processes that are (re)shaping coastal regions. First, are techno-industrial processes for which we draw on the fourth industrial revolution literature, highlighting that coastal regions must adapt to rapidly changing technological innovations or risk facing decline. Second, are socio-cultural processes for which we draw on the left-behind places literature, which exemplifies spatial inequalities from declining and deindustrialised coastal regions. Third, are physical-environmental processes, highlighting geographically variable opportunities and challenges around natural resources, marine biodiversity, and climate change in coastal regions. We then promote place-based policymaking as a multi-level and participatory mode of managing these transformations. Finally, we present a blue economy research agenda to help navigate these transformative processes, and enable place-based solutions. The article intersects with broader literatures around ocean governance and sustainable transformations.

Research on the Corporate Profitability - Taking Ningxia Baofeng Energy as an Example

With the continuous advancement of technology and productivity in China, most companies are gradually expanding. However, due to the emergence of New Crown Pneumonia in 2019, the profitability of most enterprises is affected by the New Crown Pneumonia epidemic. Therefore, enterprises are facing greater challenges, and the only way to survive in such an environment is to continuously improve the profitability of enterprises based on legal and reasonable compliance in order to adapt to the progress and development of the times. Facing the new economic environment and policies, enterprises need to analyze the complex economic environment they are currently facing from multiple perspectives. The main object of this paper is to analyze the corporate profitability of Ningxia Baofeng Energy and the impact of various indicators on profitability, identify key indicators that have a significant impact on corporate profitability, and find ways to improve corporate profitability through discussion and analysis. The main methods used in this paper are literature analysis and empirical research, and the analysis of corporate profitability is further developed and discussed by analyzing the content of the literature and studying the specific situation of Ningxia Baofeng Energy. This paper came to the following conclusions about the study of corporate profitability: companies should reduce operating costs through cost control and focus on increasing sales margins to ensure sustainable profitability.

Research on Enterprise Profit Model of "Internet + Medical Service" -- Taking Jingdong Health As an Example

Internet medical enterprises are developing rapidly in the context of the epidemic, and the importance of the Internet medicine industry is increasingly reflected. At present, most of the Internet medical industry is in the early stage of development, and the profit model of many enterprises is still relatively vague. Many enterprises are faced with difficulties in making profits or even in long-term losses. Therefore, it is the top priority for enterprises to find their own profit model. By studying the profit model of Internet medical enterprises, it is of great significance to help enterprises optimize and adjust their own profit model and realize a corporate profit. In this paper, case analysis and comparative analysis are used to select Jingdong Health as the research object, analyze and classify the profit model based on its development history and leading business, and analyze the profit model through its constituent elements. Through research and analysis, it is found that Jingdong Health has problems such as too single profit points, the low viscosity of profit objects, and low efficiency of fund utilization. At the same time, it puts forward some suggestions for the existing problems. The research results show that continuous improvement of the profit model is crucial for the development of enterprises. It is hoped that this paper can provide a reference for other Internet medical enterprises in the early stage of growth in the optimization of the profit model.

Trees made out of fintech: Valuing carbon and accumulating capital in China’s Ant Forest

With China’s increasing international environmental leadership, its emerging models for pursuing environmental goals matter. This article examines one such model, the application of financial technology (“fintech”) to solve environmental problems, through the case of Ant Forest. This highly popular app-based project run by Chinese financial technology giant Ant Group transforms individuals’ green, low-carbon actions into afforestation projects. The article investigates processes of capital accumulation in this project, and finds that Ant Forest’s main innovation, in harnessing fintech, is a techno-epistemological one that defines “green” activities according to political-economic relationships that generate corporate profit but compromise environmental benefit. In models like Ant’s, fintech also shifts processes of value creation, especially in articulation with carbon markets, where nature becomes financialized. This involves multiple linked processes and diverse forms of work to create and realize value. Ant Forest’s entanglements with state power draw attention to the role of the state in sustainability fintech and suggest that fintech capital always works through the state, though in evolving ways.

Corporate Social Responsibility Practices and its Impact on Corporate Profitability: A Comparative Analysis Between Public and Private Sector Companies in Odisha

Purpose: Corporate social responsibility is commonly called social responsibility of business. CSR acts as corporate driver through which business organization makes sustainable development of the society. This study aims to investigate a comparative study on CSR practice and its impact on profitability performance between selected public and private companies operating in Odisha region.
 
 Theoretical framework: The study is based on comparative analysis on CSR practice undertaken by public and private sector companies operating in Odisha after introduction of new Companies Act 2013. Researcher aims to analyze the co-variance between CSR practices and corporate profitability performance in regard to evaluating the impact of stakeholders’ perception.
 
 Design/Methodology/Approach: Researchers have selected this theme of research after extensive study of review of literature. For achievement of objective of research, researcher has adopted purposive sampling method for selecting corporate sectors who are involved in CSR obligations. Twenty companies were selected (10 from public sector and 10 from private sector) whose commercial operation in state of Odisha region. These companies are engaged in power, steel, oil, metal, coal, cement, paper, fertilizers, etc. The investigation is based on secondary data. Data have been collected from the annual reports and business responsibility reports of selected corporate entities. Descriptive statistical tools (Mean, S.D, Variance, Standard error of mean, Skewness, Co-efficient of variation, etc) have been used.
 
 Findings: The end outcome of this research study reveals that CSR expenditure of private sector companies is more than public sector in odisha while public sector are more stable and consistent towards CSR expenditure over private sector companies. It is also observed that CSR practice of private sector companies extremely significant over the public sector companies towards socio economic development of the state. There is no association between budgeted and actual CSR expenditure.
 
 Research, Practical and Social implications: The study of CSR practice is a vibrant issue since many years back for sustainable development. This research is of value to the researcher and practitioners of corporate social responsibility. The research study I hope immensely helpful in guiding, regulating, and adapting CSR practice of both public and private sector companies as per new provision of Companies Act of Government of India.
 
 Originality/Value: The present research study CSR practices and its impact on corporate profitability have a notable global importance for the well being of society. Adequate integration between the corporate entities and the society is essential for the development and growth which enables the society to be sustainable.