Financial Performance Of Companies Research Articles

Retail investors and ESG news

An important debate exists around the extent to which retail investors make sustainable investments and, if they do, why. We contribute to this debate by investigating the aggregate trading patterns of retail investors around a comprehensive sample of key environmental, social, and governance (ESG) news events for U.S. firms. We show that ESG news events appear to be an important factor in retail investors’ portfolio allocation decisions. Yet, inconsistent with arguments about retail investors’ nonpecuniary preferences, our evidence shows that retail investors mainly trade on this information when they deem it financially material to a company’s stock performance. We also find their net trading demand predicts abnormal returns in the subsample of financially material events, consistent with retail traders benefiting from incorporating ESG-related information into their decision-making when it influences firm value. Overall we conclude that the average U.S. retail investor cares about firms’ ESG activities but primarily to the extent these activities matter for company financial performance.

Analisis Rasio dan Penilaian Prestasi pada Perusahaan Tri Banyan Tirta Tbk Periode 2020-2022

A company performance evaluation report is a document used to assess and analyze the operational, financial, and strategic performance of a company over a certain period. This report typically covers various aspects such as sales, profits, productivity, efficiency, and the achievement of company goals. This research aims to determine the financial performance of the company evaluated through financial ratio analysis, which includes liquidity ratios, solvency ratios, profitability ratios, and activity ratios of PT. Tri Banyan Tirta Tbk from 2020 to 2022. The data collection technique is conducted through literature study, which involves searching for information sources related to ratio analysis and literature review on PT Tri Banyan Tirta Tbk. The results of this analysis based on liquidity ratios, viewed from the current ratio and quick ratio, indicate that the company's financial performance is considered poor. Based on solvency ratios, viewed from the debt to assets ratio and debt to equity ratio, the company's financial performance is considered poor. Based on profitability ratios, viewed from the net profit margin, Return on Assets, and Return on Equity, the company's financial performance is considered very poor. The results of this study indicate that the company's financial performance declined during the research period. Therefore, efforts are needed to improve the company's financial performance in implementing business strategies

Pengaruh Corporate Social Responsibility dan Financial Slack terhadap Kinerja Keuangan Perusahaan

This study wants to determine how Financial Slack and CSR disclosure affect the entity's financial performance. This study has a population of companies listed on the IDX and the Bloomberg website for 2015-2021 which have the complete financial report data needed for research. They are collecting data used in this study using a purposive sampling technique. The results showed that first, CSR disclosure negatively affects the company's financial performance. Secondly, financial slack positively affects the company's financial performance. CSR has a significant negative effect on financial performance. Therefore, companies must pay attention to the allocation and impact of CSR funds for companies.

Implementasi Tata Kelola dan Tanggung Jawab Sosial dalam Menunjang Kinerja Keuangan Saham Syariah Indonesia

The objective of this study is to examine the correlation between Islamic Corporate Governance (ICG) and Islamic Corporate Social Responsibility (ICSR) and the financial performance of companies that are listed on the Indonesian Sharia Stock Index (ISSI). The research data were collected from the annual financial reports of 250 companies that satisfied the requirement of being listed in the ISSI for five consecutive years and filing annual reports during that same period. An assessment was carried out on the financial statements to determine the utilization of eight ICG and six ICSR indicators and to gauge economic performance by calculating Return on Assets (RoA) and Return on Equity (RoE). The results suggest that the adoption of ICG positively affects organizations' financial performance, whereas the adoption of ICSR does not substantially impact. These findings indicate that these companies' adoption of ICG and ICSR is limited despite their inclusion in the ISSI. These companies have not utilized many ICG and ICSR indicators. This study offers significant insights demonstrating that augmenting the use of ICG can improve firms' financial performance. However, there is a need to enhance awareness and implementation of ICSR. Furthermore, it emphasizes the significance of corporations prioritizing ICG and ICSR features as integral components of their comprehensive approach to enhancing their financial performance and social responsibility.

Analisis Laporan Keuangan dengan Metode Trend Analysis untuk Mengevaluasi Kinerja Keuangan pada PT. Aneka Tambang Tbk Periode Tahun 2021-2023

This research aims to analyze the financial statements of PT. Aneka Tambang Tbk (antam), which is a company operating in the mining sector. PT. Aneka Tambang Tbk focuses on exploration, processing, mining and marketing of natural mineral commodities such as gold, bauxite and nickel. This research uses secondary data obtained from company annual reports and also financial reports published on the Indonesia Stock Exchange. This research was conducted using trend analysis during the 2021-2023 period. Trend Analysis is used to evaluate significant changes in key aspects such as revenue, costs and profitability in a company's financial statements during that period. It is hoped that the results of this research will provide in-depth insight into the factors that have influenced the company's financial performance in recent years.

FACTORS AFFECTING THE FINANCIAL PERFOMANCE OF AGRICULTURAL COMPANY’S: EVIDENCE FROM THE INDONESIA STOCK EXCHANGE

The Indonesian economy is primarily based on the agriculture sector, even growing when other sectors are down. This role is supported by the existence of agricultural companies that run businesses with profit-oriented goals. The company's ability to generate profits reflects the company's financial performance and is influenced by various factors. Using panel data for the years 2015–2021 from 17 agricultural companies listed on the Indonesia Stock Exchange (IDX), this study aims to determine the influence of internal and external factors on the financial performance of agricultural companies in Indonesia. The results of static panel data regression found that the company's growth and the dummy of the Covid-19 pandemic had a positive and significant effect on the company's financial performance which was proxied through the profitability ratio (ROA). Debt asset ratio (DAR), COGS/sales, and exchange rate have a negative and significant effect on ROA. In general, these results confirm the pecking-order theory in the relationship between ROA and DAR, as well as the ability of agricultural companies in Indonesia to survive in the conditions of the Covid-19 pandemic. The implication for improving the performance of agricultural companies in Indonesia is that companies must be able to reduce the percentage of production costs (COGS/sales) and implement an optimal capital structure mix. Companies are also required to carry out good risk management to anticipate exchange rate fluctuations.

Analisis Rasio Profitabilitas dan Rasio Likuiditas terhadap Kinerja Keuangan pada Perusahaan Maskapai Penerbangan yang Terdaftar di BEI Tahun 2020-2022

The financial performance of airline companies is influenced by natural and non-natural situations and conditions. In 2020-2022, airline companies registered on the IDX experienced unstable financial conditions, caused by non-natural disasters, namely the Covid-19 pandemic. This has an impact on the stability of the airline company's financial performance. This research aims to analyze the financial performance of airline companies based on profitability ratios (net profit margin, return on assets, return on equity) and liquidity ratios (current ratio, quick ratio, cash ratio). The data used in this research is secondary data, while this research uses quantitative descriptive data analysis methods. The results of the research show that the company's NPM, ROA and ROE ratios tend to be negative values, so that the ratio results are below the profitability ratio standard, while the company's current ratio, quick ratio and cash ratio are also below the liquidity ratio standard. Obtaining a ratio that is below standard indicates the company's financial performance is poor and unsatisfactory.

Analisis Komparasi Kinerja Keuangan Sebelum, Saat Terjadi Dan Sesudah Terjadi Pandemi Covid-19 Pada Sektor Food And Beverage Yang Terdaftar Pada BEI

This study aims to analyze the financial performance of PT. Sarimelati Kencana Tbk before, during, and after the COVID-19 pandemic, covering the period from 2019 to 2023. The research method used is quantitative descriptive with a comparative approach, analyzing financial ratios such as liquidity, solvency, activity, profitability, and market value. The results show that in 2019, before the pandemic, the company's financial performance was stable. However, during the pandemic period (2020-2022), financial performance experienced significant decline, despite a temporary increase in 2021 due to innovations in selling pizza at strategic locations with promotional prices. In 2022, performance declined again, and post-pandemic (2023), the company has not yet stabilized its finances, as evidenced by decreases in profitability and market value ratios. The conclusion of this study is that the COVID-19 pandemic had a significant negative impact on the financial performance of PT. Sarimelati Kencana Tbk, and the company needs to implement more effective strategies to recover its performance post-pandemic.

Company Financial Performance Evaluation Information

This article aims to analyze the company's financial performance evaluation information. The method used in this article is a qualitative method. The data source for this research was obtained from written sources related to the concept of context and nature of entrepreneurship. The type of data used in this article is qualitative data. The data collection technique was carried out by searching the literature. The data analysis technique in this article uses narrative techniques. Based on the literature review that has been carried out, the company's financial performance evaluation information is financial performance. Financial performance is a representation of the company's financial condition in a certain accounting period, including aspects of collecting and distributing funds. Usually, this performance is measured through indicators of capital adequacy, liquidity and profitability. Financial performance information is very important for a company because as a means of identifying risks and accurate financial performance information can provide long-term sustainable growth for the company.

The Influence of Asset Structure and Capital Structure on Return on Assets

In a competitive business environment, PT. AirAsia Indonesia Tbk. faces challenges in enhancing financial performance through efficient asset structure management and capital structure. This study examines the impact of asset structure and capital structure on operational efficiency and profit performance of PT. AirAsia Indonesia Tbk. within a highly competitive business setting. The primary objective of this study is to understand the dynamics between financial structure, debt management, and operational efficiency in relation to the company's financial performance. Utilizing financial data from the years 2015 to 2023, this research applies path analysis to evaluate the influence of asset structure and capital structure on efficiency ratios and their subsequent impact on the company's profit performance. This study concludes that although there is a significant relationship between asset structure and capital structure with operational efficiency ratios, this relationship does not significantly affect the company's profit performance. These findings provide important insights for the management of PT. AirAsia Indonesia Tbk. in optimizing asset structure and capital structure to improve operational efficiency without a significant impact on enhancing profit performance.

The Impact Of Corporate Social Responsibility On Companies Financial Performance

The Impact Of Corporate Social Responsibility On Companies Financial Performance

The Influence of CSR Programs on Financial Performance in the Banking Sector

The basis of the study is the idea that corporate social responsibility, or CSR, suggests that doing this kind of activity will help the company by establishing its reputation and generating positive community feedback. The purpose of the study is to determine how a company's financial performance is impacted by its commitment to Corporate Social Responsibility (CSR). This report includes research conducted in China, India, Indonesia, and Pakistan. This research indicates that Corporate Social Responsibility (CSR) activities lead to continual performance improvement. Using a meta-analysis methodology, this study investigates the connection between financial success and corporate social responsibility (CSR). Based on theoretical assertions and real facts from the literature, ascertain whether there is a favorable association between financial performance and corporate social responsibility (CSR). If the research results are specified correctly, researchers find that although Corporate Social Responsibility (CSR) does not have much positive impact on short-term financial performance, Corporate Social Responsibility (CSR) offers extraordinary long-term fiscal benefits.

Analisis Fundamental Makro, Struktur Modal Terhadap Nilai Perusahaan dengan Struktur Kepemilikan, Kinerja Keuangan dan Karakteristik Perusahaan sebagai Variabel Intervening pada Perusahaan Sub Sektor Kimia yang Terdaftar di BEI

This research aims to analyze the influence of macro fundamental analysis and capital structure on company value with ownership structure, financial performance and company characteristics as intervening variables in chemical sub-sector companies listed on the IDX. Macro fundamental analysis, capital structure, ownership structure, financial performance and company characteristics can influence company value. Signal Theory, Capital Structure Theory, and Agency Theory are the basis for this research. Company value, capital structure, macro fundamentals, ownership structure, financial performance, and company characteristics are important factors in determining company value. The results of the analysis show that several variables such as Macro Fundamentals, Company Characteristics, Financial Performance and Capital Structure have a significant influence on Company Value. However, there are also variables that are not significant such as Ownership Structure. Company value is an indicator of how the market assesses the company's current performance and future prospects, with Price to Book Value (PBV) used as one measure to describe the company's value. This research uses a quantitative approach with secondary data from chemical companies listed on the IDX. The implications of ownership for company value, capital structure and leverage on the financial performance of mining companies have also been discussed in related literature. These variables have a significant influence on company value, showing the importance of these factors in determining company value.

Corporate Social Responsibility and International Business: A Study of the Impact on Firm Performance

Corporate Social Responsibility (CSR) has evolved from a philanthropic initiative to an important strategic component of global business operations. CSR is now seen as an element that influences a company's image, financial performance, and stakeholder relationships. Effective CSR implementation can provide a range of benefits to international companies, including enhanced reputation, customer loyalty, and operational efficiency. This article explores the impact of CSR on firm performance by analyzing case studies from five countries: Turkey, Nigeria, China, Bangladesh, and Spain. The research method used is a qualitative meta-analysis to identify common patterns and findings from various studies. The results show that CSR implementation has a significant impact on firm performance, although it varies depending on the geographical and industry context. This article highlights the importance of a systematic approach in integrating CSR to achieve optimal results for companies.

The Impact of Implementing Corporate Social Responsibility (CSR) on Company Financial Performance

The Impact of Implementing Corporate Social Responsibility (CSR) on Company Financial Performance

Application Of Business Ethics and Good Corporate Governance To Company Financial Performance

This research aims to assess the relationship between the implementation of business ethics, Good Corporate Governance (GCG) practices, the role of the board of directors, and managerial accounting practices on company financial performance. Through a comprehensive literature analysis, evaluating empirical evidence from a number of relevant studies in this theme. The findings show that implementing strong business ethics can increase shareholder and creditor trust, which in turn has a positive impact on a company's financial performance. Furthermore, effective GCG practices, including transparency, accountability and independence of the board of directors, have been proven to have a significant impact on improving a company's financial performance. The role of the board of directors as a supervisor and strategic advisor also has an important role in ensuring compliance with ethical standards and GCG principles. On the other hand, thorough managerial accounting practices can help management make better decisions, which ultimately improves the company's financial performance. Therefore, uniting business ethics, GCG, the role of the board of directors, and managerial accounting is the main key in improving the company's overall financial performance. Keywords: Business Ethics, Good Corporate Governance, Board of Directors, Financial Performance.

Pengaruh Keputusan Investasi dan Kebijakan Dividen Terhadap Nilai Perusahaan Melalui Kinerja Keuangan Pada Perusahaan Lq-45 Tbk Tahun 2020-2022

Dewianti Dwi Wahyuni, 2024. The Influence of Investment Decisions and Dividend Policy on Company Value, Financial Performance in Companies Through Financial Performance in LQ-45 Tbk in 2020-2022. Wijaya Putra University Postgraduate Program Surabaya. This type of research is explanatory research, the approach used is a quantitative approach, the research sample is 31 companies. The analysis tool uses Smart PLS (Partial Least Square). Research objectives: 1) For describes the nature of investment, dividend policy, company value and financial performance in LQ 45 Tbk in 2020-2022; 2) For tested and analyzed the significant influence of investment ownership on the company value of LQ 45 Tbk in 2020-2022; 3) Uintuik tested and analyzed the significant influence of investment intelligence on the financial performance of LQ 45 Tbk in 2020-2022; 4) For tested and analyzed the significant influence of dividend policy on the financial performance of LQ 45 Tbk in 2020-2022; 5) For tested and analyzed the significant influence of dividend policy on company value in LQ 45 Tbk in 2020-2022; 6) For tested and analyzed the significant influence of financial performance on the company value of the LQ 45 Tbk for 2020-2022; 7) For tested and analyzed the significant influence of investment profitability on company value through financial performance in LQ 45 Tbk in 2020-2022; 8) For tested and analyzed the significant influence of dividend policy on company value through the financial performance of LQ 45 Tbk 2020-2022. The research results show that: 1) investment decisions have no significant effect on company value. 2) investment decisions have no significant effect on financial performance. 3) dividend policy has no significant effect on financial performance. 4) dividend policy has no significant effect on company value. 5) financial performance has no significant effect on company value. 6) investment decisions have no significant effect on company value. 7) dividend policy has no significant effect on company value which is mediated by financial performance.

The Mediating Effect of Managerial Competencies in the Relationship between Corporate Governance and Financial Performance of Companies in Uganda: A Multi-Theoretic Approach

Purpose: The dwindling financial performance of companies has attracted enormous attention globally for many years, and corporate governance remains a matter of public and academic debate. This study aimed to establish the mediating role of managerial competencies in the relationship between corporate governance and the financial performance of companies in Uganda. Materials and Methods: The study applied a positivist paradigm and a cross-sectional design. Data were obtained from a sample of 394 private companies drawn from central and western Uganda. Companies were stratified by region, sectors, and subsectors; and then selected using simple random sampling from each stratum. A structured questionnaire was distributed to board members, Chief Executive Officers, accountants, Internal Auditors, and managers who were selected purposively. Principle Component Analysis and varimax rotation were employed for data extraction and reduction. The hierarchical regression technique was employed for data analysis. Findings: The study results confirmed managerial competencies to be a partial mediator, of the relationship between corporate governance and financial performance of companies in Uganda. Implications to Theory, Practice and Policy: Building on a multi-theoretical approach, the study advocates for the revision of corporate governance and recommends private companies prioritize managerial competencies in their recruitment processes and training programs to enhance their financial performance.

Influence of Intellectual Capital on Financial Performance in the Banking Sector in Indonesia

The aim of this research is to examine the influence of intellectual capital on the financial performance of banking companies which is moderated by good corporate governance. The method used in this research is multiple linear regression analysis with moderating variables using Moderated Regression Analysis (MRA). The population in this study was 45 banking companies. The banking sector is one of the sectors that bridges between people who have excess funds and people who need funds. Not only is the company's financial performance a reference for the company's success, but company resources can also provide increased financial performance for the company's sustainability. Intellectual capital is one of the factors that influences bank performance. The research results show that Intellectual Capital has a positive effect on financial performance and Good Corporate Governance. However, Good Corporate Governance does not moderate the relationship between Intellectual Capital and financial performance. These findings underscore the importance of Intellectual Capital in improving financial performance and Good Corporate Governance practices, but do not support the moderating role of Good Corporate Governance in this relationship.

PERAN MODERASI KONEKSI POLITIK PADA PENGARUH KARAKTERISTIK CEO TERHADAP KINERJA KEUANGAN PERUSAHAAN

Purpose: This study aims to provide empirical evidence of the impact of CEO characteristics (busyness, economic education, ownership) on corporate financial performance with CEO political connections as a moderating variable. Methodology/approach: This research is a quantitative study utilizing secondary data. The sample was taken using purposive sampling method, thereby obtaining data from 352 non-financial companies listed on the IDX during the 2016-2022 time period. The total observations made were 2306. The data was analyzed using multiple regression analysis support by the Stata 14 application. Findings: The regression analysis results indicating CEO economic education has a positive effect on return on asset (ROA). Meanwhile, CEO political connections moderate the positive effect of CEO ownership on corporate financial performance (ROA) and moderate the negative effect of CEO economic education on corporate financial performance (ROA). Practical implications: Companies should consider the characteristics of CEOs in accordance with the company in order to enhance financial performance. In addition, potential CEOs should improve their characteristics to have a positive impact on the corporate financial performance. Originality/value: This research develops a model related to CEO political connections in moderating the influence of CEO characteristics (busyness, economic education, ownership) on company financial performance.