Influence Of Firm Size Research Articles

Innovation capabilities and sustainability in MSMEs. An analysis of empirical studies

Innovation is the primary source of competitive advantage for an organization and offers long-term growth and sustainability. Firms and organizations consider developing innovative capabilities to survive in this competitive era. Considering the influence of firm size on enhancing innovation practices, special attention is directed toward small-sized firms, particularly MSMEs, recognizing their pivotal role in the economy. The present analysis emphasizes the necessity to address the concerns of small firms, as identified in various empirical studies, for improved performance through innovation. The study examines these concerns with the resource-based view (RBV), considering internal and external factors, and outlines future research directions for a deeper understanding. The research collected 145 articles from different databases from 2010 to 2022. Leveraging the insights from this review, entrepreneurs can bolster their growth prospects by enhancing their company's innovation capacity with the available resources.

Environmental, social and governance disclosure and firm value in the energy sector: The moderating role of profitability

Environmental, social, and governance (ESG) performance is critical in mitigating climate change. Energy companies must include ESG practices in their business plans because they can determine firm value. This study investigates the impact of ESG and firm size on firm value in Indonesian energy sector, which is moderated by profitability through return on assets. This study uses a sample of 19 energy companies listed on the Indonesia Stock Exchange from 2016 to 2022. A panel data regression model is applied to estimate the impact of ESG practices and firm size on firm value with the moderating role of return on assets. The study results found that ecological, social, and governance disclosure in the model with return on assets as a moderator independently positively impacts firm value but not vice versa. The interaction between return on assets and ESG practices has no impact on firm value, which means that the role of return on assets as a moderator cannot strengthen the influence of ESG and firm size on firm value. Return on assets positively impacts firm value if it acts as an independent variable without a moderator. Firm size independently has a negative impact on firm value but has no effect if it interacts with return on assets. The implications of the empirical findings provide recommendations for policymakers, corporate management, investors, and academics. Environmental, social, and governance disclosure practices are essential to pay attention to as they can improve sustainability performance and firm value in the energy sector of Indonesia. AcknowledgmentAcknowledgments are expressed to the Directorate General of Higher Education, Research, and Technology, Ministry of Education, Culture, Research and Technology for the Funding Assistance for the Master’s Thesis Research Grant Scheme [Contract Number: 01-1-4/675/SPK/VII/2024].

Do Firm Size, Stakeholder Environment, and Internal Environmental Management Influence Small Medium Sized Accounting Firms to Adopt Computerised Accounting Systems?

Background: In the modern business world, many companies rely on information technology, such as computerised accounting systems, to streamline the preparation of these financial statements. Despite the numerous benefits these systems offer, some organisations still choose to prepare their financial statements manually, exposing themselves to risks such as errors, inefficiencies, a lack of scalability, and limited real-time visibility.Aim: This study examines the influence of firm size, stakeholder involvement, and internal environmental management on the decision of small and medium-sized accounting firms (SMAs) in KwaZulu-Natal, South Africa, to adopt computerised accounting systems. The study uses agency theory to explain the dynamics between the SMAs, who act as agents, and their clients, the principals, who rely on their services to prepare financial statements. Setting: SMAs officially registered with the Durban Chamber of Commerce make up the population frame. Therefore, organisation forms the unit of analysis, which consists of the SMAs located in KwaZulu-Natal, South Africa. Method: This study used a questionnaire survey on 200 SMAs in KwaZulu-Natal, South Africa. Results: This study shows all three factors—firm size, stakeholder involvement, and internal environmental management—significantly and positively influence the decision to adopt computerised accounting systems. Stakeholder involvement, in particular, proves to be the most influential predictor. Conclusion: The introduction of these systems ensures the fast and accurate production of financial information, thus meeting the needs of all stakeholders. Contribution: This study contributes to the existing literature on the factors driving the adoption of computerised accounting systems, with particular focus on the context of KwaZulu-Natal, South Africa.

CAPITAL STRUCTURE, FIRM SIZE, AND EFFECTIVE TAX RATE ON THE FINANCIAL PERFORMANCE OF AUTOMOTIVE SUBSECTOR COMPANIES

General Background: Financial performance is a crucial indicator of a company's success and sustainability, particularly in competitive industries such as the automotive subsector. Various factors, including capital structure, firm size, and effective tax rate, are considered significant determinants of financial performance. Specific Background: In the context of the automotive subsector, these factors have garnered considerable attention due to the industry's capital-intensive nature and its exposure to dynamic market conditions. However, existing research often overlooks the combined impact of these variables within this specific sector. Knowledge Gap: Limited studies have comprehensively examined the influence of capital structure, firm size, and effective tax rate on the financial performance of automotive subsector companies, particularly during the period 2020-2023, characterized by global economic uncertainty. Aims: This study aims to analyze the effects of capital structure, firm size, and effective tax rate on the financial performance of automotive subsector companies in Indonesia. Results: Using a quantitative approach and multiple linear regression analysis on data from 12 purposively sampled companies during the 2020-2023 period, the findings reveal that all three variables—capital structure, firm size, and effective tax rate—significantly influence financial performance. Novelty: The study provides fresh insights into the interrelation of these financial determinants within the automotive subsector, highlighting their unique impact during a period of global economic flux. Implications: These findings offer valuable implications for corporate management and policymakers in designing strategies to enhance financial performance, emphasizing the need for optimal capital structuring, scaling strategies, and effective tax planning. Further research could explore longitudinal impacts and sectoral comparisons to deepen understanding of these dynamics.

Evaluating ESG performance: The influence of firm size and gender diversity

This study examines the relationship between firm size and Environmental, Social, and Governance (ESG) scores, with a focus on the growing importance of sustainability and corporate social responsibility (CSR). Drawing on data from 4,525 U.S. companies, an Ordinary Least Squares (OLS) regression analysis reveals a significant positive association between firm size and ESG performance, suggesting that larger firms are better positioned to allocate resources toward sustainability initiatives. Furthermore, the findings indicate that board gender diversity has a positive impact on ESG scores, underscoring the importance of diverse perspectives in corporate governance. The results highlight the need for standardized ESG reporting and provide insights into how firm characteristics shape sustainability outcomes. This research offers practical guidance for corporate leaders and policymakers seeking to advance sustainability practices across organizations.

CDM FRAMEWORK FOR R&D–INNOVATION–PRODUCTIVITY RELATIONSHIP: THEORETICAL AND EMPIRICAL PERSPECTIVES

This research uses the CDM framework to examine the relationship between R&D investment, innovation activity, and firm-level productivity. The study provides clear insights into the mechanisms that link innovation and economic performance by addressing methodological challenges such as selectivity bias and simultaneity. The findings show that innovative firms experience higher productivity growth, with the impact varying across regions and industries. The research also defines five stylized facts: the positive influence of firm size and age on innovation, the role of competition in driving innovation, the importance of workforce qualifications and professional development, the complementary role of IT investments, and the significant effect of innovation on productivity growth. These insights form a foundation for policymaking that foster innovation and boost productivity growth.

ANALYZING THE DYNAMICS OF FIRM SIZE AND INVESTMENT ON DIVIDEND POLICY OF QUOTED FIRMS IN GHANA

This work was conducted to determine how firm size, investment, inflation, and government effectiveness influence dividend policies proxy by dividend payout of quoted firms in Ghana. Twenty-two firms in total were sampled for this study and included trading, manufacturing, construction, and mining companies for the period 2011 to 2020. The firms cut across different industries namely telecommunications, consumer goods, constructions, oil and gas, technological companies, consumer services, and manufacturing companies quoted in Ghana. Panel data for all 22 non-financial firms were collected from the financial statement, ratios were calculated to ascertain the measurement of the variables under study. The Generalized Method of Moment was adopted and a multiple regression analysis was performed to determine the impact of the variables on dividend policy proxy by dividend payout ratio. The results of the study indicated that the log of total assets had a negative relationship with dividend policy significant at all conventional levels. Investment and government effectiveness also had a positive relationship with dividend policy. Unfortunately, inflation had an insignificant effect on the dividend payout of quoted firms in Ghana for the period under review.

Pengaruh Firm Size, Audit Fee, Audit Tenure, Kompetensi dan Independensi Auditor Terhadap Kualitas Audit pada Perusahaan Perbankan yang Terdaftar di Bursa Pengaruh Indonesia 2018-2022

This research aims to determine the influence of firm size, audit fees, audit tenure, auditor competency and independence on audit quality in banking companies listed on the Indonesia Stock Exchange for the 2018-2022 period. This research population used a purposive sampling technique to obtain a sample of 150 data from 30 companies, but data transformation and outliers were applied so that the sample size became 120 data. The data analysis applied in this research is classical assumption testing, multiple linear regression analysis, and hypothesis testing. The research results show that simultaneously there is an influence of the variables firm size, audit fee, audit tenure, competence and independence of the auditor on audit quality, but partially the variables of competence and independence of the auditor do not have a significant effect on the quality of audits in banking companies listed on the Indonesia Stock Exchange for the period 2018-2022.

Analysis of the Determinants for the Islamic Social Responsibility

This research aims to determine the influence of firm size, profitability, leverage, and board size on Islamic social responsibility. The population in this research are companies listed on the Indonesian Stock Exchange in 2020–2022. In this research, we will see the simultaneous and partial influence and the dominant variables using data analysis tools in the form of multiple linear regression, coefficient of determination, hypothesis testing using the F test and t-test, and the classical assumption test. Based on the research results, it can be concluded as follows: Simultaneously, firm size, profitability, leverage, and board size influence Islamic social responsibility. Partially, it can be seen that not all variables have a significant effect on Islamic social responsibility. Firm size and leverage influence Islamic social responsibility, while profitability and board size have no influence.

How Do Financial Performance and Firm Size Influence Financial Distress? A Study of Digital Banks and Traditional Banks Offering Digital Services (2018-2023)

How Do Financial Performance and Firm Size Influence Financial Distress? A Study of Digital Banks and Traditional Banks Offering Digital Services (2018-2023)

The Affect of Firm Size, Debt Policy, Profitability on Stock Returns: Moderating Role Dividend Policy

This research aims to examine the influence of Firm Size, Debt Policy and Profitability on Stock Returns with Dividend Policy as a moderating variable in non-financial Firms included in the LQ45 stock index on the Indonesia Stock Exchange (BEI) for the 2017-2022 period. The sampling technique in this research is the purposive sampling technique. This research uses secondary data, namely the firm's annual financial report (annual report) obtained from the official website of the Indonesian Stock Exchange (IDX). The analytical method used is multiple linear regression techniques and moderated regression analysis (MRA) with testing using the SPSS version 29.0 application. The research results show that Firm size has a positive and significant effect on stock returns. Debt policy and profitability have a negative and insignificant effect on stock returns. Dividend policy can moderate Firm size on stock returns. However, dividend policy does not moderate debt policy and profitability on stock returns; however, dividend policy can moderate the influence of Firm size, debt policy, and profitability simultaneously on stock returns. The managerial implications of this research show that Firm size, debt policy, and profitability have a significant influence on stock returns, while dividend policy can moderate this relationship.

The Impact of Firm Size, Leverage, and Peer Effect on Cash Holding

This research aims to empirically test the influence of firm size, leverage, and peer effect on cash holding. The population of this research is 110 companies in property real estate and building construction sector that listed on the Indonesia Stock Exchange (BEI) in 2018-2022 period. The number of sample on this research is 61 which the criteria of sample is companies in property real estate and building construction sector that listed on the Indonesia Stock Exchange (BEI) in 2018-2022 period consecutively. Data testing uses SPSS25 software. The analysis technique used in this research is multiple linear regression. The results of this research indicate firm size influence cash holding. Meanwhile, leverage and peer effect have no effect on cash holding.

Moderating Effect Of Profitability In Disclosure Of Corporate Social Responsibility, Leverage, And Firm Size: Effect On Share Price

This research aims to examine the effect of Corporate Social Responsibility (CSR), leverage, and firm size on share prices in companies listed on the LQ45 index of the Indonesia Stock Exchange (IDX), with profitability as a moderating variable. This research uses a quantitative approach with a sample size of 20 companies over 7 years, namely 140 research samples obtained using a purposive sampling technique. This research uses secondary data collected through documentation method. The data analysis technique used is Partial Least Square Structural Equation Modeling (PLS-SEM) using SmartPLS 3.0 software. The test stages using PLS-SEM are divided into 3 stages, namely measurement model analysis (outer model), structural model analysis (inner model), and hypothesis testing. The results of the analysis in this study indicate that CSR disclosure, leverage, firm size and profitability influence the share prices of LQ45 index companies. Apart from that, profitability is unable to moderate the influence of CSR and leverage on the share prices of LQ45 index companies. However, profitability is able to moderate the influence of firm size on the share prices of LQ45 index companies.

Boardroom Strategies: How Governance Structures and Firm Size Influence Accounting Conservatism

This study explores the intricate relationship between corporate governance mechanisms—specifically Board Directors, Independent Commissioners, and the Audit Committee—and Accounting Conservatism, focusing on the moderating effects of Firm Size. The findings reveal that Board Directors have a statistically significant impact on Accounting Conservatism, primarily through their ability to provide oversight and challenge aggressive financial practices. However, the influence of Board Directors is moderated by Firm Size, as larger organizations often exhibit complexities that dilute their effectiveness. Similarly, the study underscores the pivotal role of Independent Commissioners in promoting conservative accounting practices. However, their impact is not amplified by Firm Size. The pressures faced by larger firms can lead to more aggressive financial reporting, thereby limiting the effectiveness of Independent Commissioners. Additionally, the Audit Committee is identified as a crucial governance mechanism in fostering Accounting Conservatism, but its effectiveness is also diminished in larger firms due to complex organizational structures. Overall, the research underscores the critical need for governance frameworks to be adaptive and tailored to the unique challenges posed by Firm Size. By recognizing and addressing these complexities, organizations can enhance the integrity and transparency of their financial reporting, thereby fostering trust among stakeholders and contributing to corporate accountability.

The Effect of Green Accounting, Tax Aggressiveness, and Company Size on Firm Value

This study aims to provide empirical evidence regarding the influence of green accounting, tax aggressiveness, and firm size on firm value in the Investor33 companies listed on the Indonesia Stock Exchange during the period 2019-2022. This research employs descriptive statistical analysis and panel data regression analysis using Eviews 11. Data for the study are sourced from the Investor33 Index companies from 2019 to 2020, obtained from www.investing.com and the official websites of the companies, resulting in 132 samples. The analysis utilizes linear regression analysis based on the selection between fixed effect model, random effect model, and common effect model, with reference to the results of the Chow test and the Hausman test. The findings reveal a positive and significant influence of green accounting on firm value among companies in the Investor33 Index. Conversely, no significant influence is found between tax aggressiveness and firm value, as well as between firm size and firm value in this study.

Struktur Modal, Rasio Aktivitas, dan Ukuran Perusahaan terhadap Harga Saham Sektor Pertambangan yang Terdaftar di Jakarta Islamic Index

Purpose: This study aims to determine the influence of capital structure, activity ratio, and firm size on the stock prices of the mining sector listed on the Jakarta Islamic Index (JII). Methodology: The population of this study comprises mining sector companies listed on the Jakarta Islamic Index in 2019-2023. A purposive sampling technique was used. Results: The results of this study show that capital structure has no effect on stock prices, activity ratio has a positive and significant effect on stock prices, and company size has a negative and significant effect on stock prices. Limitations: This study used limited data for the 2019-2023 period, the results may not apply for different periods. The research sample is focused on mining sector companies; therefore, the results cannot be generalized to all companies or industries. This study does not consider macroeconomic or other factors. Contribution: This research is expected to provide a clear view of how mining sector companies can optimize stock prices in the capital market.

Moderation Of Firm Size On The Effect Of Financial Performance On Tax Avoidance

This research was conducted to determine the influence of profitability, leverage, capital intensity, CSR, and firm size on tax avoidance and how firm size moderates this influence. The data in the research was taken using purposive random sampling by determining criteria from companies in the energy, basic materials, industrial, primary and secondary consumer goods sectors listed on the Indonesia Stock Exchange (IDX) from 2019 to 2021. The data were processed and analysed using multiple regression and moderated regression analysis using Eviews 10. The research results show that profitability has a positive and significant influence on tax avoidance, and leverage has a negative and significant influence on tax avoidance. Capital intensity, CSR activities and firm size do not influence tax avoidance. The research results also show that firm size can moderate the influence of leverage and capital intensity on tax avoidance.

Determinasi Integritas Laporan Keuangan

Financial Statements are a form of corporate management responsibility aimed to stakeholders. The presentation of financial reports must be carried out accurately and free from misstatements in the preparation process. In other words, financial statements must have quality or integrity in its composition. The aim of this research is to determine the influence of company size, financial distress, independent commissioners, and public accounting firm size on the integrity of financial statements in infrastructure sector companies with profitability as a control variable. This research is quantitative research using secondary data from audited financial statements and company annual reports. Based on the results of the tests, it is concluded that 1) company size has no effect on the integrity of financial statements; 2) financial distress has no effect on the integrity of financial statements; 3) independent commissioners have a positive influence on the integrity of financial statements; 4) public accounting firm siz has a positive effect on the integrity of financial statements.

AUDIT DELAY FACTORS OF INDONESIAN FIRMS: A BINARY LOGIT AND PANEL EGLS ANALYSIS

This study intends to determine the influence of audit opinion and firm size on audit delays with audit rotation as a mediating variable. We examined 30 firms listed in IDX Circular Letter 2020-2022 using purposive selection and secondary data from financial reports. Despite deadline extensions, these companies consistently needed to submit timely reports. The findings reveal that an unfavorable audit opinion negatively affects the rotation process, whereas a larger firm size has a positive effect. Additionally, audit opinions and rotation negatively affect audit delays, whereas company size has a positive influence. The study also shows that audit rotation partially mediates the association between audit opinion and audit delay and between firm size and audit delay. The research team acknowledges that prevailing economic conditions during data collection may affect the applicability of the results to other periods. This study implies that auditors and accountants identify the primary causes of audit delays, such as inadequate documentation, transaction complexity, and communication issues. Implementing best practices can improve financial reporting quality, reduce errors, and enhance auditor timeliness. Auditors and accountants are advised to adopt these practices to minimize audit delays.

Analisis Financial Distress dengan Menggunakan Analisis Survival

Financial Distress refers to a situation in which the financial condition of a company is poor, indicated by insufficient capital and difficulties in meeting financial obligations throughout the maturity of its payments. The underlying causes include low asset value, high corporate debt, and poor corporate performance. Hence, the company must take measures to maintain the financial condition of the company from experiencing financial difficulties. The objective of this study is to clearly understand the influence of liquidity, leverage, profitability, and firm size on financial distress in Sub-Sector Pakaian & Barang Mewah companies listed on the Indonesia Stock Exchange from 2016 to 2022. The data used is secondary data obtained from the annual financial reports of the company. The sample used is obtained via the technique of purposive sampling. Survival analysis is a method used. The hypotheses in this data analysis were tested using SPSS 23. Data analysis shows that Liquidity, Leverage, Profitability, and Company Size simultaneously have a significant impact as the independent variables contribute additional effects to the model, resulting in a good fit for the model. It is known that Leverage and Company Size have a significant influence on Financial Distress when considered individually. Liquidity and Profitability do not have a significant impact on Financial Distress