Financial Performance In Order Research Articles

LIQUIDITY RISK, INCOME DIVERSIFICATION, AND BANK FINANCIAL PERFORMANCE

Banking industry must have healthy financial performance in order to function properly as an intermediary organization   between those who have capital and those who need it. Intense competition between banks, the emergence of the covid-19 pandemic and declining bank profits have forced banks to be more careful in managing risks and diversifying their income. This study aims to see the effect of liquidity risk and income diversification on banking financial performance. The research data comes from 36 listed companies on the Indonesian Stock Exchange (IDX) or with 108 observations of banking companies for the period 2019 - 2021. The dependent variable of this study is financial performance proxied by ROA (Return-on-Assets). Liquidity risk and income diversification are dependent variables. LDR (Loan-to-Deposit Ratio) is used to measure liquidity risk. Three ratios namely NII (Non- Interest-Income/Gross-Revenue-ratio), NII1 (Fee & Commission-Income/Revenue-ratio) and NIITA (Non-Interest-Income/Total-Assets-ratio) are used to measured income diversification. This study uses multiple regression analysis of panel data. The results of the study show that liquidity risk has a positive effect on bank financial performance. NII1 (Fee & Commission-Income/Revenue-ratio) has significant positive results on financial performance while the NII (Non-Interest-Income/Gross-Revenue-ratio) and NIITA (Non-Interest-Income/Total-Assets-ratio) do not have effect on financial performance of the bank.

Business Sector Financial Performance Evaluation Using Automated Approach in Assisting Investors’ Decision-Making

Investors must carefully study and analyze a company's financial performance in order to avoid the risk of financial losses, which takes a lot of time due to the numerous criteria or financial statistics that must be taken into account. The investor's choice of the best company to invest in is further complicated by the limitations of human reasoning when faced with a large selection of choices. This study has proposed an automated system to help investors who plan to make investments by offering features to assess the financial performance of particular businesses within particular industries. The authors have suggested two strategies: TOPSIS and Fuzzy Logic approaches. Successful automated system development has been accomplished using these approaches. The approach allows investors the freedom to select from a range of performance evaluation criteria to establish the rankings. Investors can view the companies' rank in terms of their financial performance. Investors may also avoid getting overwhelmed with complicated, perhaps conflicting web information by employing the existing systems. It is observed that the proposed system is very user-friendly and managed to assist the investors’ decision-making in making investments. It should be noted that the developed systems can be useful not only to investors but also to students taking business courses. From our analysis, there is no just one right technique to analyze a company and assess its current standings. Therefore, in the future, we recommend introducing an aggregate method to business appraisal in order to further give potential investors a better depiction of the businesses.

Zombie dan Diversifikasi Pada Masa Covid-19

The financial crisis has caused companies to compete to maintain their financial performance in order to avoid entering the category of "zombie companies." A zombie company is one that has low profits and has experienced losses for several consecutive years. Diversification strategies, such as varying products and/or selling products abroad, are believed to improve a company’s financial performance. This study examines the effect of diversification on zombie companies during the COVID-19 pandemic. The population of this study consists of manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2018 to 2021. The sampling technique is purposive, with a sample size of 126 companies. This study uses logistic regression analysis to examine the effect of diversification on zombie companies with tangibility, age, and company size as control variables. The results of this study found that diversification has no effect on zombie companies. As for the control variables of tangibility, age, and company size, they have no effect on zombie companies. This study concludes that both product and market diversification do not help companies avoid zombie conditions during the COVID-19 pandemic. This could be due to the global nature of the COVID-19 pandemic, which hinders the export process in all countries that are mostly affected by the pandemic. Even though product diversification has been carried out, the products offered are still related to products whose sales are still affected by the COVID-19 pandemic.

Analisis Kinerja Keuangan Dengan Menggunakan Perhitungan Gross Profit Margin (GPM), Net Profit Margin (NPM) Dan Return On Equity (ROE) Pada Pt. Pakuwon Jati Tbk Periode 2018-2021

A company needs to pay attention to financial performance in order to see how far the company's position by analyzing financial statements. This study aims to determine the financial performance of PT. Pakuwon Jati Tbk in 2018-2021 using the ratio of Gross profit Margin, Net Profit Margin and Return on assets. This type of research is descriptive with quantitative data taken secondarily from the balance sheet and income statement of PT. Pakuwon Jati Tbk for 2018-2021. Samples were taken from the population according to the saturated sampling method. The results of research that has been done show that the financial performance of GPM and NPM are in a good state that is above the industry average standard, GPM shows a decline while NPM shows unstable fluctuations. The results of financial performance with ROE in poor condition because it is below the industry average standard with fluctuations that are also unstable.

Managing institutional complexity in a football organization

ABSTRACT Rationale/purpose In European club football, balancing sports and business is challenging. The clubs operate in a complex context, with competing institutional demands. The clubs face a demand for sporting as well as financial performance, and the purpose of this study is to examine how clubs manage competing institutional logics in order to prevent financial distress. Design/methodology/approach This study applies a case study design, and the data were collected by interviewing people with different affiliations to a football organization. Findings This study indicates that structural differentiation can lower tension between logics in a football organization, and hence improve the balance between sporting ambitions and financial performance. Practical implications This study finds that organizational structure may impact an organization’s ability to balance partly conflicting organizational demands. Moreover, this study points to how a more business-oriented board of directors in a football club may reduce overspending and hence prevent financial distress. This has practical implications for managers and governing bodies in European football. Research contribution This study contributes to literature on sports management by empirically showing how specific organizational solutions can be implemented to improve the balance between sporting ambitions and financial performance in order to prevent financial distress in European club football.

ANALISIS KINERJA KEUANGAN PT BANK PERKREDITAN RAKYAT JWALITA DI KABUPATEN TRENGGALEK

Bank is a financial institution whose operations require good financial performance in order to run well.  Similarly, the Rural Bank in its operations must be carried out properly as well as the dominant and rapidly growing conventional banks in Indonesia. One way for the bank to run well is to pay attention to its financial performance. The financial ratios used are the RGEC method which includes NPL, LDR, Good Corporate Governance, ROA, BOPO and Capital taken from the annual report for the 2019-2021 period. The type of data used in this research is primary data using virtual ethnography method. Based on the analysis of the financial ratios of PT Bank Perkreditan Rakyat Jwalita, the financial performance in the RGEC method results in a very good financial condition of the Bank in accordance with the criteria of Bank Indonesia.

The Effect of Intellectual Capital and Executive Compensation on Financial Performance

This study aims to determine the effect of intellectual capital and executive compensation on financial performance in Basic Materials Sector Companies listed on the IDX based on financial statement data for 201 8-2021. The data was tested using the panel data regression method. The population used is Basic Materials Sector companies listed on the Indonesia Stock Exchange (IDX) during 2018-2021. This study used purposive sampling method and obtained 35 companies during 4 years of observation. The results of this study show that intellectual capital as measured by VAIC has a positive and significant effect on financial performance and partial executive compensation also affects financial performance. Companies in the basic materials sector are expected to provide internal evaluations to maximize the management of intellectual capital owned and the efficiency of using company assets to improve financial performance in order to be able to foster competition in companies in the basic materials sector. Issuers should also take into account the level of executive compensation for key management in order to advance the financial performance of an issuer by (agent).

Financial Performance Analysis of Retail Trade Firms Registered in BIST with FUCOM Based VIKOR Method

Retailing is considered to be one of the sectors that have been growing in recent years and making significant contributions to the country's economy. In this sector where competition is intense, firms have to evaluate their financial performance in order to compete and see their current situation in the sector. In this study, it is aimed to identify the financial performances of firms in the BIST retail trade sector with FUCOM and VIKOR, which are multi criteria decision making (MCDM) methods. Financial ratios were used to determine the financial performances of the three firms with the most branches in the BIST retail trade sector between the years 2019-2021, and the weights of these financial ratios were determined by the FUCOM method. The performance ranking of retail trade firms was made using the VIKOR method using the weights obtained.

PERKEMBANGAN KINERJA KEUANGAN PADA PT. ASTRA OTOPARTS TBK (TAHUN 2019- 2021) DENGAN MENGGUNAKAN ANALISIS COMMON SIZE

Financial statements are a means to determine the company’s financial performance in order to obtain valuable results. The aim is to analyze the development of the financial performance of PT. Astra Otoparts Tbk from year to year, based on the 2019 and 2021 balance sheets and income statements using the usual size analysis technique. Researchers used descriptive research methods with a quantitative approach used for research methods. Based on the survey results, in 2020 there will be a decline. This is due to an increase in liabilities that have an impact on equity. The difference between the asset’s carrying amount and its recoverable amount is reported as an impairment loss or percentage loss. According to the income statement, the company’s marketing strategy was ineffective as evidenced by the increase in cost of goods sold and a decrease in gross profit margin. In terms of the company’s ability to generate profit, its net profit margin decreased year over year to a loss in 2019-2021. This shows that the company’s financial strength is decreasing because profitability has to fall to a loss.

Pengaruh Leverage, Likuiditas, Arus Kas Operasi, Dan Sales Growth Terhadap Financial Distress

This research aims at how the role of leverage, liquidity, operating cash flow, and sales growth on financial distress in manufacturing companies in the basic industry and chemical that are listed on the Indonesia Stock Exchange during 2017-2019. The samples were selected using purposive sampling method and the valid data were 44 companies. The data processing technique using logistic regression analysis assisted by the EViews program version 11 for Windows and Microsoft Excel 2016. The results of this study indicate that leverage has a significant effect on financial distress, and liquidity, operating cash flow, and sales growth have no significant effect against financial distress. The implication of this research is the need to improve company performance and financial performance in order to reduce and avoid the risk of financial distress in the company.

Pengaruh rasio profitabilitas, rasio leverage, dan rasio likuiditas terhadap harga saham

The aim of this research is to determine the effect of profitability, leverage and liquidity ratios on stock prices of metal & mineral sub-sector companies listed on the IDX for the 2018-2021 period. Obtained as many as 7 (seven) samples of companies using purposive sampling method. This research uses the associative method with multiple linear regression data analysis techniques and hypothesis testing assisted by the SPSS 26 program, which includes a partial test (t test) and simultaneous test (F test) to determine the effect between variables. The results of the research state that profitability does not have a partial effect on stock prices with a significant profitability of 0.628, leverage does not have a partial effect on stock prices with a significant leverage of 0.533, liquidity has a partial effect on stock prices with a significant 0.008. The results of the research state that profitability, leverage, and liquidity simultaneously affect stock prices with a significant 0.014. This research is expected to help companies to improve financial performance in order to avoid a decline, can help investors in making investment decisions.

PENGUKURAN KINERJA LAPORAN KEUANGAN MENGGUNAKAN ANALISIS RASIO PROFITABILITAS PADA PERUSAHAAN GO PUBLIC

Investment in shares is seen from the rise and fall of share prices on the Indonesia Stock Exchange (IDX), therefore, in investing in shares, investors must analyze the condition factors that affect the company. The stock price itself reflects the value of the stock to the public, a high stock price provides capital gains and a better image making it easier for management to get funds from outside the company. To measure and analyze a company, the main measuring tool is needed, namely the company's financial statements. Profitability is the result achieved by a company in a certain period, for example, at a certain level of sales, assets and share capital. This ratio is closely related to the ability and effectiveness of the company's operations in generating profits. Assessment of profitability ratios, namely the income statement and balance sheet (statement of financial position) which aims to measure the company's profit, both in relation to income, assets, and own capital. So the results of the profitability ratios are used as benchmarks or a description of the effectiveness of management performance seen from the profits obtained by the company. From the results of the analysis Profitability ratios in mining companies listed on the BEI can be seen in the company's financial performance based on the categories of very good, good, sufficient, less, and very poor. With the application of profitability ratio analysis, it can be seen how financial performance is, because the system can automatically calculate calculations for Profit Margin, Net Profit Margin, Return on Assets, Return on Equity. Users of this application can find out financial performance in order to minimize company losses in running a business.

Analisis Kinerja Keuangan Pemerintah Daerah Lingkup Provinsi Sulawesi Utara Tahun 2014 - 2020

This research is conducted based on Supreme Audit Agency’s (BPK) opinion on Local Government Financial Statement (LKPD) that is released anually and to observe the effect of BPK’s opinion has on local government financial performance in North Sulawesi Province which consists of 15 municipalities/cities and 1 provincical government. In addition to BPK’s opinion, the author takes some variabels in consideration to analyze factors affecting local government financial performance in order to find out problems faced by local government. The dependent variable used in this research is Efficiency Ratio that reflects the local government financial performance. This research uses Least Square Dummy Variable (LSDV) regression method with selected fixed effect model. It is found that, some variables that significantly affect financial performance of local government are government expenditures, independent financing, BPK’s opinion, tax ratio, and Indonesia Net Budget Financing (SILPA).

Talent development: a driver for strategic flexibility, innovativeness and financial performance

PurposeThe purpose of this study is to build a theory presenting talent development as a driver for innovativeness and strategic flexibility, and how these organizational capabilities affect financial performance.Design/methodology/approachAs a methodological approach, this study uses a rich combination of literature review and exploratory interviews with managers and academicians. Moreover, a conceptual framework is tested by confirmatory factor analysis and finally structural equation modelling using the survey data from 462 Greek firms.FindingsThe results show the positive effect of talent development on strategic flexibility and innovativeness. Moreover, strategic flexibility is an influential firm capability for innovativeness and financial performance. This study also reveals the significance of innovativeness on financial performance.Research limitations/implicationsThis study explores talent development and two certain organizational capabilities, but many other topics that affect business performance remain unexplored. The role of environmental characteristics could also be examined as a moderator in the proposed relationships.Practical implicationsThis study offers clear implications for managers, proving that talent development is a major driving force behind strategic flexibility, innovativeness and financial performance in order for managers to allocate resources, and to develop and execute these capabilities as an integral part of business strategy.Originality/valueThis empirical study contributes to the literature by developing a research conceptual framework of three underdeveloped firm capabilities, investigating and explaining both their correlations and dynamic nature and their role in financial performance improvement.

ANALYSIS OF THE COMPANY'S FINANCIAL PERFORMANCE BEFORE AND DURING THE COVID-19 PANDEMIC (2019-2020) IN PHARMACEUTICAL SECTOR COMPANIES LISTED ON THE IDX

Many businesses must maintain their financial performance in order to survive the COVID-19 pandemic. One of them is a pharmaceutical sector company that the public hopes can find a way to cure it. This study was conducted to determine differences in the financial performance of pharmaceutical sector companies listed on the IDX before and during the pandemic. The research data is secondary data taken from the Indonesia Stock Exchange website, namely 12 pharmaceutical companies. This type of research is quantitative research with a descriptive method approach. The financial performance is measured by the profitability ratios namelyreturn on assets, return on equity, net profit margin, gross profit margin and earnings per share. The result of this research is that only 2 out of 5 average profitability ratios, namely gross profit margin and earnings per share, have increased. The increase in market demand does not guarantee an increase in the company's financial performance, especially profit growth.

Uticaj intelektualnog kapitala na finansijske performanse - studija slučaja finansijskog sektora srbije

Although there are many papers that examine the impact of intellectual capital on the performance of financial institutions, there are almost no papers that deal with developing markets. According to the author's knowledge, no one in Serbia has studied the effects of IC on financial institutions operating in the financial sector. This sector is extremely important for the Serbian economy since it is the leading sector in which the effects of modern information technologies are the most exploited and in which competitiveness is pursued by attracting new clients, by offering innovative solutions and services. Hence, the aim of this paper is to identify and analyze the IC's impact on financial performance in order to answer whether the impact of IC on the financial performance of financial institutions operating in developing markets has the same importance as the impact on financial institutions operating on developed markets, characterized by a high degree of innovation and IT equipment. The obtained results show that human and engaged capital have a statistically significant impact on financial performance, while structural capital does not.

The Effect of Profitability and Solvabilityon Stock Pricesof State-Owned Banks Listed on the Indonesia Stock Exchange

This article aims to study and analyze the effect of profitability and solvability simultaneously on stock prices. The secondary objective is to analyze the effect of profitability on stock prices and analyze the effect of solvability on stock prices. The total population in the study was 4 SOEs so that all banks were sampled, thus the sampling technique used a census. The data used are financial statements for the period 2012 to 2021. The analysis technique uses multiple regression analysis. The results of the analysis show that profitability and solvability simultaneously affect stock prices. Profitability has an effect on stock prices. Solvability does not affect the stock prices of state-owned banks listed on the Indonesia Stock Exchange. Thus, banking in order to continuously improve financial performance in order to increase the stock prices of the bank. Investors who want to invest in the capital market, they should consider the financial performance of the bank in making investment decisions, so that the company's financial prospects and future developments can be known. Where profitability can be used as an analytical tool that can represent in measuring the company's financial performance.

PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA

The rapid development of the world capital market causes high competition in the business world, not least in the property and real estate business in Indonesia. This certainly encourages every company to continue to compete in improving the company's financial performance in order to attract investors to invest their capital for the company. The property and real estate sector is the most important sector as a driver of the economy in a country. In Indonesia, companies engaged in property and real estate are growing, indicating that the economy is growing in Indonesia. The purpose of this study is to identify and analyze the effect of financial performance on property and real estate stock prices on the Indonesia Stock Exchange. multiple linear regression analysis technique. The type of data used is secondary data. The results of this study indicate that there is a significant positive effect of the financial performance variables Current Ratio (CR), Return on Assets (ROA) and Debt to Equity Ratio (DER) simultaneously on stock prices (Price Earning Ratio (PER) in property companies and real estate listed on the Indonesia Stock Exchange (IDX) for the period 2105-2017 with a significant value of Fcount of 4,603 with a significance level of 0.01 (smaller than significant 0.05) while the value of Ftable is 2.70. This means that the value of Ftable is 2.70. Fcount > Ftable with a value of 4.603 > 2.70 and a sig. level of 0.01 < 0.05, so it can be concluded that the independent variables together have a significant effect on the dependent variable.

Altman Z-Score Model to Analyze Bankruptcy of Islamic Commercial Bank POJK No. 12/POJK.03/2020

This study aims to analyze the financial performance of Islamic Banks BOOK 1 with the existence of Financial Fervices Authority (OJK) Regulation No. 12/POJK.03/2020 concerning Commercial Bank Consolidation which stipulates a bank's core capital of at least IDR 3 trillion in 2022. This study employed the Z-Score data analysis method to predict bankruptcy by taking samples of PT Bank Syariah Bukopin, PT Bank Victoria Syariah, and PT Bank Aladin Syariah Tbk. The results of the Z-Score calculation are used to improve financial performance in order to attract investors and determine a strategy for increasing core capital to comply with the POJK provisions on commercial bank consolidation. Banks can determine the strategy that the author recommends to comply with the POJK provisions, including: 1) Merger, consolidation, or integration 2) Bank takeover 3) Increase in minimum core capital through the issuance of new shares (right issue) for banks that have been listed on the Indonesia Stock Exchange, additional core capital from the parent bank, or exploration of new investors both from within the country and abroad.

Pengaruh Non Performing Financing, Financing to Deposit Ratio, dan Capital Adequacy Ratio terhadap Tingkat Bagi Hasil Deposito Mudharabah

This study aims to analyze the effect of Non Performing Financing (NPF), Financing to Deposit Ratio (FDR), and Capital Adequacy Ratio (CAR) on the profit sharing rate of mudharabah deposits at Bank Syariah Mandiri 2010-2019. The data used in this study are data from the complete annual financial reports for 2010-2019. The analysis technique used in this research is multiple regression analysis. The results showed that partially the Non Performing Financing (NPF) and the Financing to Deposit Ratio (FDR) had no effect on the profit sharing rate of mudharabah deposits. Meanwhile, the Capital Adequacy Ratio (CAR) partially has a significant negative effect on the profit sharing rate of mudharabah deposits. Simultaneously, Non Performing Financing (NPF), Financing to Deposit Ratio (FDR), and Capital Adequacy Ratio (CAR) have a significant effect on the profit sharing rate of mudharabah deposits. The results of this study can be used as an assessment material in maintaining and improving the bank's financial performance in order to be better and further researchers can expand the limitations contained in this study, namely by expanding the object of research in order to obtain better research results.