Statements Of Companies Research Articles

The Influence of Executive Character, Sales Growth, and Corporate Governance on Tax Avoidance (Empirical Study of Non-Cyclical Consumer Sector Companies Listed on the Indonesian Stock Exchange for the 2018-2022 Period)

This study aims to analyze the effect of executive character, sales growth, and corporate governance on tax avoidance. This research was conducted by analyzing the financial statement of companies in the consumer non cyclical sector listed on the Indonesia Stock Exchange (IDX) during the period 2018 to 2022. The sample used in this study was 17 consumer non cyclical sector companies listed on the Indonesia Stock Exchange during the period from 2018 to 2022 using a puposive sampling technique. The data used in this study is secondary data in the form of financial reports from each company that has been used as a research sample. The variables used in this study are Executive Character (X1) as the first independent variable, Sales Growth (X2) as the second independent variable, and Corporate Governance (X3) as the third independent variable and Tax Avoidance (Y) as the dependent variable. Panel data regression method is used as a research methodology in this study. Analysis of research results using the help of Eviews 12 software. The result showed that the best model is the Random Effect Model (REM). The results of this study indicate that Executive Character partially has a negative effect on Tax Avoidance, Sales Growth partially has no effect on Tax Avoidance, Corporate Governance partially has no effect on Tax Avoidance, and simultaneously Executive Character, Sales Growth and Corporate Governance effects on Tax Avoidance.

Analisis Pengaruh Return On Equity, Debt To Total Asset Ratio, Debt To Equity Ratio, Earning Per Share Dan Price Earning Ratio Pada Harga Saham

One of the analytical techniques that investors can apply to understand a company's financial condition is fundamental analysis using financial ratios in financial statements. The results of investors' analysis of the company's financial condition will determine investors' interest in investing as reflected in the company's stock price. The COVID-19 pandemic in Indonesia had a significant impact on the operations of manufacturing companies. In this regard, this study aims to examine the effect of ROE, DAR, DER, EPS, and PER on the stock prices of manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022. This study used a sample of 286 companies, which were analyzed using multiple linear regression with the help of SPSS version 20 software. Based on the results of this study, it was determined that ROE had a positive effect on stock prices, DAR had a negative effect on stock prices, and EPS had a positive effect on stock prices. Meanwhile, two other financial ratios, namely DER and PER, have no effect on stock prices

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.

Financial Resources and Firm Performance

This research aims to determine the effect of financial resources on company performance. This research uses a sample of manufacturing companies listed on the Indonesia Stock Exchange 2016-2022. Company resources become an important part of the development the company, especially financial resources which are the main factor in carrying out the company's operational activities. The company's performance becomes benchmark for investors and creditors to assess the company's condition. The company's financial resources in this research come from cash flow, liquidity, and leverage. Cash flow used financial analysis to determine the income and expenses made by the company. Liquidity used to assess the company's ability to meet its obligations. Leverage as company debt used to finance and purchase company assets. The results showed that only free cash flow had significant effect on company performance. This happens because the company's performance is reflected in the higher will increase the amount of profit earned by investors. This shows that the company utilizes ability of the company's internal resources to utilize financial resources to create competitive advantage so that the company's performance can manage its cash flow to finance assets owned by the company. The results of this research support the resource-based theory-based view.

Key Audit Matters reporting for Polish listed companies

Purpose: The main purpose of the article is to identify and characterize the key audit matters (KAMs) indicated during an audit of the financial statements of the largest companies in the Polish market. Methodology/approach: We analyzed the KAMs presented in the verification of the consolidated financial statements of the 30 largest companies listed on the main market of the Warsaw Stock Exchange for 2014–2022. The total sample was 270 auditors’ reports. The basis of the methodology was empirical research; deductive and inductive reasoning were used to formulate the results. Findings: The number of KAMs reported in individual years did not fluctuate significantly, and the average number disclosed for one audit coincides with general global trends. The auditors reported the riskiest areas were for entities from the insurance sector, media and telecommunications, and the fuel industry. The most important KAMs include contingent liabilities, revenue, long-term assets, and goodwill. Research limitations/implications: The main constraint is the limited research sample relating only to the audit of the financial statements of WIG30 companies. However, it covers the largest entities for which auditors indicated the most KAMs and prepared their most extensive descriptions. Originality/value: The article concerns a relatively new research area for which there are few studies on the Polish market, which additionally have a narrow substantive scope. This paper comprehensively characterizes KAMs reported by auditors in the long term.

Pengaruh Teknologi Informasi Dan Sistem Informasi Akuntansi Terhadap Kualitas Laporan Keuangan Perusahaan (Studi Pada PT. Mitra Pinasthika Mustika Tbk)

This study aims to 1.) determine the effect of information technology on the quality of the company's financial statements at PT Mitra Pinasthika Mustika Tbk. 2.) determine the effect of the accounting information system on the quality of the company's financial statements at PT Mitra Pinasthika Mustika Tbk. 3.) determine the effect of information technology and accounting information systems on the quality of the company's financial statements at PT Mitra Pinasthika Mustika Tbk. The research method used in this research is descriptive quantitative method with the help of SPSS (Statistical Program for Social Science) analysis tool. The results of this study indicate that the influence of Information Technology and Accounting Information Systems has a significant influence on the company's financial statements at PT Mitra Pinasthika Mustika tbk.

The Influence of Reference Coal Prices, Earnings per Share, and Dividend per Share on Stock Prices in Coal Industry Companies in 2017-2022

This study aimed to analyze the effect of Reference Coal Price (HBA), earnings per share, and dividends per share on stock prices in coal industry companies in 2017-2022. The study used energy sector companies in the coal production industry sub-sector listed on the IDX for the 2017-2022 period as the object of research, using a sample of 13 coal industry companies that met the predetermined sample criteria and an observation period of 6 years so that the observation data amounted to 50 data. The data collection method uses secondary data taken from the company's financial statements from the Indonesia Stock Exchange (IDX) and the official website of each company sampled. The analysis methods used in this research are descriptive statistical analysis, normality test, multiple linear regression analysis, and hypothesis testing. Based on the results of data analysis and hypothesis testing, it shows that the HBA variable has a negative effect on stock prices, while the EPS and DPS variables have a significant positive effect on stock prices.

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 Impact of Transfer Pricing, Capital Intensity, Thin Capitalization on Tax Avoidance with Sales Growth as Moderating Variabel in Pharmaceutical and Health Companies Listed on Indonesia Stock Exchange 2017-2022

In Indonesia, current tax regulations aim to address these practices through rules like transfer pricing, restrictions on interest deductions on loans from affiliated companies (thin capitalization rules), and asset depreciation rules. However, companies often seek loopholes or new strategies to reduce their tax obligations. This study aims to evaluate the impact of transfer pricing, capital intensity, and thin capitalization on tax avoidance practices in the health and pharmaceutical sector in Indonesia. This is particularly relevant as health sector companies listed on the Indonesia Stock Exchange saw an average revenue increase of 6% during the overall economic downturn caused by the Covid-19 pandemic, reflecting the growing public awareness of health importance and efforts to maintain health during the pandemic. The data for this study is obtained from the financial statements of health and pharmaceutical sector companies listed on the Indonesia Stock Exchange from 2017 to 2022, selected through purposive sampling, with a total of 132 observations sourced from www.idx.co.id. The analysis method used was panel data regression analysis, with Gross Profit Margin (TA_GM) used as a proxy. The results show that transfer pricing, capital intensity, and thin capitalization have a positive impact on tax avoidance. However, sales growth does not enhance the influence of these independent variables on tax avoidance. These findings are expected to assist the Tax and Financial Services Authority in enhancing regulations related to tax avoidance in Indonesia, aligning with the reduction of tax avoidance practices in the health and pharmaceutical sector, and increasing state tax revenues.

Analisa Fundamental Makro dan Struktur Kepemilikan, berpengaruh pada Nilai Perusahaan dengan Struktur Modal dan Kinerja Keuangan sebagai Variabel Intervening pada Perusahaan Subsektor Otomotif yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022

This study aims to investigate the effect of macro fundamental analysis and ownership structure on firm value in the context of automotive subsector companies listed on the Indonesia Stock Exchange in 2018-2022. This study also identifies capital structure and financial performance as intervening variables that mediate the correlation between the independent variables (macro fundamental analysis and ownership structure) and the dependent variable (firm value). This study utilizes a quantitative approach with secondary data obtained from company financial statements and Indonesian macroeconomic data. The analysis method uses Smart PLS (Partial Least Squares). The results of this study indicate that macro fundamental analysis and ownership structure have a significant influence on firm value through capital structure and financial performance. The implication of this study is the importance of effective management of these factors to increase firm value in the long run.

Analysis of China Eastern Airlines Financial Statements Based on Harvard Analysis Framework

The financial analysis method adopted in this paper refers to the analysis method in the "Harvard Analytical Framework System". Through the business strategy of the enterprise, the accounting policies adopted, the analysis of the company's finances and the analysis of the company's prospects, etc. The business situation, financial situation and development situation were analyzed and elaborated.This paper takes China Eastern Airlines' financial statements as an example, combines the characteristics of the air transport industry, analyzes the company's financial status, operating results and cash flow, and systematically evaluates the company's past and present operating results and financial status, and judges the company accordingly investment value.

Pengaruh Debt to Equity Ratio, Dividend Payout Ratio, Dan Return on Equity Terhadap Harga Saham (Studi Kasus Pada Saham di Sektor Kesehatan yang Sudah IPO di Indonesia Tahun 2019 - 2021)

The stock price is the value that a stock has. Stock prices can be influenced by internal and external factors. Internal factors such as information from the company's financial statements. While external factors can be in the form of political conditions and government policies. This study aims to examine the effect of the debt to equity ratio, dividend payout ratio, and return on equity on stock prices (a case study on stocks in the health sector that have gone IPO in Indonesia in 2019 - 2021). The population in this study were 20 companies. Determination of the sample in this study using a purposive sampling technique, namely the technique of determining the sample by using certain considerations. Based on the purposive sampling technique, the number of samples used in this study was 60 samples. The financial report data used in this study are the first, second, third and fourth quarter financial reports. The research method used is quantitative with associative research techniques. The data analysis technique used is the classical assumption test, multiple linear regression analysis, F statistical test, coefficient of determination test, and t statistical test. The results of the study stated that; 1) the debt to equity ratio has a negative effect on stock prices in the health sector. 2) the dividend payout ratio has a negative effect on stock prices in the health sector. 3) return on equity has a negative effect on stock prices in the health sector.

Successful Surfing in Capital Market: Phenomenological Study of Indonesian “Warren Buffett”

Objective: The purpose of this study is to uncover the successful secrets of a No. 1 individual investor on the Indonesian stock exchange who has proven to earn huge amounts of profits. Theoretical Framework: Some theories related to investor behavior theory, among others, are: Regret Theory, this theory is a development of previous decision-making theories, namely prospect theory and expected usability theory. Method: This research explores the philosophy, behavior, strategies, techniques, and ways to find stocks that can provide great returns based on the experience of an individual investor. This research also examines in depth the experience of a famous investor named Lo Kheng Hong (LKH), known as Warren Buffett of Indonesia. Results and Discussion: The results showed that the factors that support the success of LKH in investing in the IDX can be: (1) reading the company's financial statements; (2) analyzing financial data; considering the integrity of its owners and management; (3) investing by buying shares on the IDX; (4) daring to make decisions to buy shares based on their own analysis; (5) patiently waiting; (6) simple to live their lives and frugal. Research Implications: One of the secrets of success, the strategy in finding stocks that provide big profits is to read and look at financial statements, analyze deeply using simple fundamental analysis, look for stocks that are undervalued. Originality/Value: This study contributes to literatures regarding how to be successful investor in stock market.

News/Discussion Values and Interactivity in Corporate Social Responsibility Communication via Social Media

Social media have great potential to facilitate corporate social responsibility (CSR) dialogue between companies and their stakeholders, but two fundamental issues remain: how to encourage greater participation/dialogue and how to avoid the development of echo chambers, whereby participants merely reinforce their previously held views, potentially increasing the polarization of stakeholders. The problem of participation is grounded in people’s reluctance to comment on social media, and concerns with echo chambers arise when social media comments merely reinforce company statements. This research hypothesized that people’s willingness to comment increases when company replies are perceived to be contingent on past comments and when there is uncertainty, rather than negativity, in the comments. Results supported only the latter. Additionally, the study investigated the valence of comments and responses, exploring whether valenced comments engender potentially opinion-reinforcing echo chambers. Results showed that uncertainty tended to foster more interaction and questions, and that negativity inspired more negative comments.

The Use of Recycled Wood as a Factor in Production Efficiency of Manufacturers in V4 Countries

This article deals with a quantitative assessment of the production efficiency of wood-processing enterprises in the V4 countries. Efficiency was calculated through a non-parametric method of data envelopment analysis. This method allows the construction of an efficiency frontier without having to make any assumptions about its shape. The analyses are based on the financial statements of individual companies from 2018 to 2021. Efficiency assessments are therefore based on the actual performance of individual companies (i.e., quantities of output, costs, and capital). This micro perspective allows us to examine differences in efficiency not only by country but also by company size. A total of 10 companies have been selected in the V4 countries that can be identified as actively using recycled material in their production. The results of our empirical analyses show that this group of »recyclers« performs better than other market players in terms of median efficiency. Even in 2020, which can be marked as the beginning of the Covid-19 pandemic, overall, these companies had better results. Our results also show that the efficiency is significantly affected by company size (which is also reflected in economies of scale).

Strategi Dividen yang Efektif: Memahami Keseimbangan antara Kondisi Keuangan dan Peluang Investasi untuk Pertumbuhan Laba Perusahaan

In complex business dynamics, dividend policy strategy is a key element that influences company growth and competitiveness. An effective balance between financial conditions and investment opportunities is the main focus to achieve sustainable profit growth. This research aims to understand effective dividend strategies by exploring the optimal balance between a company's financial condition and investment opportunities as a critical step towards sustainable profit growth. The type of research used is associative quantitative. The data used is secondary data obtained from the Indonesian Stock Exchange for the research period. Sample selection was carried out based on the purposive sampling method. This research reveals that an effective dividend strategy requires a deep understanding of the balance between finance and investment. A dividend policy that is appropriate to financial conditions and supports investment opportunities can make a positive contribution to company profit growth.

Pengaruh Modal Kerja, Biaya Operasioanal, Biaya Promosi, Dan Penjualan Terhadap Laba Bersih

This study seeks to examine the impact of various factors, including working capital, operating expenses, promotional expenses, and sales, on the net profit of pharmaceutical companies on the Indonesia Stock Exchange from 2015 to 2022. Using secondary data taken from the financial statements of pharmaceutical companies listed on the Indonesia Stock Exchange, this study utilized multiple regression analysis facilitated by statistical software. The findings indicated that working capital, operating expenses, and promotional expenses exerted a significant positive influence on net profit, while sales showed no significant influence on net profit. However, collectively, all the variables examined in this study contributed to 93.3% of the variance in net profit, highlighting their important role in determining the net profit of pharmaceutical companies. These results underscore the importance of effectively managing working capital, operating expenses, and promotional expenses to improve the financial performance of pharmaceutical companies. From a practical standpoint, this study underscores the importance for pharmaceutical management to develop strategies that focus on optimizing working capital, operational efficiency, and promotional expenses to improve net profit and overall financial performance. Therefore, this study enriches the understanding of the factors that influence the financial performance of pharmaceutical companies in the Indonesian capital market.

Firm Value is Mediation Good Corporate Governance and Ownership to Asset Growth in Corporation Listed on Bursa Efek Indonesia

The purpose of this study was to determine the determinants of good corporate governance and ownership on firm value in manufacturing companies listed on the IDX for the 2019-2021 period. This study uses a quantitative method research design with a correlational approach to test the effect of independent variables and mediating variables on the dependent variable. The sample of this study were 31 manufacturing companies that have been listed on the IDX for the 2019-2021 period or for 3 years of observation. The data used in this study are secondary data obtained from the company's financial statements and the Indonesia Stock Exchange. The results of testing 11 hypotheses show that good corporate governance has a significant effect on firm value, firm value has a significant effect on asset growth and ownership has a significant effect on firm value. In addition, indirect effect testing also shows that there is no mediating influence between variables.

Analisis Perlakuan Akuntansi Terhadap Aktiva Tetap Pada PT. Agung Podomoro Land Tbk

Along with the times, the need for information and the quality of financial reports is increasing. Financial statements provide an overview of the company's financial condition that is important for shareholders and other stakeholders. The company aims to improve shareholder welfare through optimal profit generation. One important component in the financial statements is fixed assets, which has a big role in business operations, especially in the property sector such as PT Agung Podomoro Land Tbk. This study aims to analyze the accounting treatment of fixed assets at PT Agung Podomoro Land Tbk. The method used is descriptive analysis of secondary data from the company's financial statements. The results showed that PT Agung Podomoro Land Tbk applies the straight-line method for depreciation of fixed assets with the appropriate useful life. The company also follows PSAK No. 16 on the termination and disposal of fixed assets. Information regarding the value of fixed assets presented in the financial statements has been clearly disclosed, including additions, subtractions, and reclassifications of assets. The implication of this study shows the importance of proper fixed asset management to ensure the accuracy of financial statements and effective decision making.

Analysing the Condition of PT Indofood Sukses Makmur Tbk During 2020-2022

During the period 2020 to 2022, the financial reports reported by PT Indofood Sukses Makmur Tbk illustrate that this company was able to survive during the pandemic when almost all companies experienced a decline in turnover, so that quite a few companies went out of business. A company's resilience in maintaining financial performance greatly influences the company's condition so that it remains viable and stable when the country's economy is not doing well. The aim of this research is to determine the condition of the company PT Indofood Sukses Makmur Tbk in the 2020-2022 period using descriptive quantitative research. The problem formulation in this research is the condition of PT Indofood Sukses Makmur Tbk based on ratio analysis, comparison ratio, common size ratio, time series ratio and bankruptcy ratio. The research results show that the ratio analysis shows that the company has more internal cash compared to other current assets. This cash was obtained from short-term and long-term bank loans as well as bonds payable. For the activity ratio, it is indicated that the company is experiencing problems in collecting receivables from its colleagues. For the profitability ratio, the company has not been able to generate profits in accordance with industry standards. Regarding the comparison ratio, in general the comparison value during the research period decreased, as did the time series ratio which experienced a decrease. Meanwhile, in the bankruptcy ratio, the company is indicated as bankrupt but is experiencing a slow increase.