Food Sector Companies Research Articles

Analisis Kinerja Keuangan dengan Menggunakan Metode Rasio Keuangan pada Perusahaan Food and Baverage yang Terdaftar Dibursa Efek Indonesia Tahun 2019 – 2023

This research aims to analyze the financial performance of food and beverage sector companies listed on the Indonesia Stock Exchange (BEI) during the 2019-2023 period. This sector's financial performance has experienced fluctuations, especially due to the COVID-19 pandemic which has affected supply chains and consumption patterns. However, in 2023, the sector will begin to recover with a focus on product innovation, sustainability and improving operational efficiency to face global economic challenges. The data used is secondary data in the form of company financial reports, with an analysis method using financial ratios. Liquidity Ratios (Current Ratio, Quick Ratio, and Cash Ratio) assess the company's ability to meet short-term obligations. Solvency Ratios (Debt to Equity Ratio and Debt to Asset Ratio) measure a company's ability to fulfill long-term obligations. Profitability Ratios (Return on Investment and Return on Equity) are used to assess a company's ability to generate profits. The analysis results show that PT. Mayora Indah Tbk has satisfactory liquidity performance, but its solvency is above industry standards. PT. Indofood Sukses Makmur Tbk is stable in liquidity ratios but requires improvement in solvency. PT. Garudafood Putra Putri Jaya Tbk shows the need to improve its liquidity and profitability ratios during the 2019-2023 period.

PENGARUH KOMITE AUDIT, UKURAN PERUSAHAAN DAN FEE AUDIT TERHADAP KUALITAS AUDIT PADA PERUSAHAAN SUB SEKTOR FOOD AND BEVERAGE YANG TERDAFTAR PADA BURSA EFEK INDONESIA TAHUN 2017-2022

This research aims to find out and provide empirical evidence regarding the influence of the audit committee, company size and audit fees on audit quality. The population in this research is manufacturing companies operating in the Food and Beverage Sub Sector Companies Listed on the Indonesian Stock Exchange 2017-2022. the influence is partial or simultaneous. This research uses a quantitative approach and uses associative methods. The samples used were 10 samples of companies which used secondary data obtained from the Company's Financial Reports. The method used is statistical testing which includes logistic regression testing, hypothesis testing and coefficient of determination. The research results show that the audit committee partially has no effect on audit quality using the eviews version 9 and Microsoft Excel applications. The research results show that partially the audit committee has no effect on audit quality, partially company size has no effect on audit quality, partially audit fees have an effect on audit quality, simultaneously, audit committee, company size and audit fees have an effect on audit quality

PENGARUH BEBAN PAJAK TANGGUHAN, ASET PAJAK TANGGUHAN DAN PERENCANAAN PAJAK TERHADAP MANAJEMEN LABA PADA INDUSTRI MAKANAN DAN MINUMAN

This study aims to analyze and obtain empirical evidence regarding the influence of deferred tax expenses, deferred tax assets, and tax planning on earnings management in the food and beverage sector companies listed on the Indonesia Stock Exchange for the period 2018 – 2022. This research is a quantitative study with an associative method, and the data used in this study are secondary data. The data analysis method used is panel data regression, processed using Eviews version 12. The population used in this study consists of energy sector companies listed on the Indonesia Stock Exchange for the period 2018 – 2022, totaling 84 companies. The sample selection in this study uses purposive sampling techniques. The obtained sample consists of 16 companies with a research period of 5 years, resulting in a total of 80 data points. The results of this study indicate that, partially, deferred tax assets do not have a significant effect on earnings management, but deferred tax expenses and tax planning have a significant effect on earnings management. Deferred tax expenses, deferred tax assets, and tax planning simultaneously have a significant effect on earnings management.

The Influence of Company Growth, Funding Decisions, and Dividend Policy on Firm Value

There was a decline in the company's growth and value. Corporate growth and corporate value. It's a phenomenon on the financing decision that's undergoing an increase but not at the expense of the company's value. Other phenomena in the food and beverage sector companies listed in the EIB showed fluctuations in the dividend policy while the company's value fell. It's becoming a major issue in this research. The purpose of this research is to find out whether there is an influence of Corporate Growth, Financing Decisions and Dividend Policy on Corporate Value on Food and Beverage Manufacturing Companies Period 2017-2021. The analytical method used is a Time Series and Cross Section analysis by comparing the Company's Growth Rate, Financing Decisions and Dividend Policy to the Company Value with the previous year, and comparing it with the Food and Beverage Sector Manufacturing Company Values Period 2017-2021 that included the criteria in the Objective Sampling. Partially, Corporate Growth has no influence and is not significant to the Corporate Value. The Financing Decision has a significant negative impact on the Company's Value. Dividend policy has no influence or significance on the Company's Value. Simultaneously there is an influence between Corporate Growth, Financing Decisions and Dividend Policy on Corporate Value in Food and Beverage Manufacturing Companies Period 2017-2021.

Pengaruh Perputaran Persediaan, Likuiditas dan Profitabilitas Terhadap Kualitas Laba Pada Perusahaan Food and Beverage Yang Terdaftar di Bursa Efek Indonesia Periode 2028-2022

The aim of this research is to determine the significance of the influence of inventory turnover, liquidity and profitability on earnings quality in food and beverage sub sector companies listed on the Indonesia Stock Exchange for the 2018-2022 period. This research uses quantitative data, secondary data sources are company financial report. The number of samples in this research is 21 companies, sampling uses a purposive sampling method. The data collection method used is documentation methods, obtained from the official website www.idx.co.id and the official website of the food and beverage sub-sector company. The data analysis technique used is multiple linear regression analysis. The result of the t test study state that inventory turnover and liquidity has no significant effect on earnings quality in food and beverage sub sector companies listed on the Indonesia Stock Exchange for the 2018-2022 period, while profitability has a significant negative effect on earnings quality in food and beverage sub sector companies listed on the Indonesia Stock Exchange for the 2018-2022 period. This research only uses food and beverage sub-sector companies as the object and uses three variables. Future researchers are expected to expand the research object and add other variables such as currency exchange rates, shipping costs, profit growth, accounts receivable turnover.

Pengaruh Likuiditas, Pertumbuhan Penjualan dan Ukuran Perusahaan Terhadap Harga Saham Pada Perusahaan Manufaktur Industri Barang Konsumsi yang Terdaftar di BEI

This research aims to determine the influence of Liquidity, Sales Growth and Company Size on Share Prices in Consumer Goods Industry Manufacturing Companies in the Food and Beverage Subsector listed on the Indonesia Stock Exchange for the 2013-2022 period. The data analysis methods used are multiple linear regression analysis, t test, F test, and coefficient of determination analysis. Liquidity has a positive and significant effect on share prices in consumer goods industry manufacturing companies in the food and beverage subsector listed on the Indonesia Stock Exchange. Sales growth does not have a significant effect on share prices in consumer goods industry manufacturing companies in the food and beverage subsector listed on the Indonesia Stock Exchange. Company size has a negative and significant effect on share prices in consumer goods industry manufacturing companies in the food and beverage subsector listed on the Indonesia Stock Exchange for the period. Liquidity, Sales Growth and Company Size simultaneously have a positive and significant effect on share prices in food and beverage sector companies listed on the Indonesian Stock Exchange.

Pengaruh Return On Assets, Net Profit Margin, Current Ratio, Rasio Kas Operasi, Debt To Asset Ratio terhadap Devident Payout Rasio (Studi Empiris pada Perusahaan Manufaktur Sub Sektor Food and Beverage yang Terdaftar di Bursa Efek Indonesia Periode 2019

This study aims to determine the effect of return on assets, net profit margin, current ratio, operating cash ratio, debt to asset ratio on dividend payout ratio in food and beverage sector companies listed on the Indonesia Stock Exchange for the 2019-2023 period of 95 companies. The data used in this study were obtained from financial statement data and annual reports. The population in this study are food and beverage sector companies listed on the Indonesian Stock Exchange. The sampling technique used was the purposive sampling method and obtained 250 sample data from 50 companies. The analysis technique used in this study is multiple linear regression analysis using the Statistical Package for the Social Sciences (SPSS) version 20. The results of this study indicate that net profit has a positive and significant effect on cash dividends, operating cash flow and debt policy have a negative and significant effect on cash dividends. While profitability and liquidity have no effect on cash dividends.

Pengaruh Profitabilitas, Likuiditas, Stuktur Modal, dan Kebijakan Dividen terhadap Nilai Perusahaan

This study aims to determine the effect to profitability, liquidity, capital structure and dividend policy on company value on in food and beverage sector companies listed on the Indonesia Stock Exchange for the 2019 – 2023 period of 95 companies. The data used in this study were obtained from financial statement data and annual reports. The population in this study are food and beverage sector companies listed on the Indonesia Stock Exchange. The sampling technique used was purposive sampling method and obtained 215 sample data from 43 companies. The analysis technique used in this study is multiple linear regression analysis using the Statistical Package for the Social Sciences (SPSS) version 22. The results of this study indicate that profitability has a positive and significant effect on company value, while liquidity, capital structure and dividend policy have no effect on company value.

Pengaruh Komite Audit, Biaya Lingkungan, Modal Intelektual, Likuiditas, dan Pertumbuhan Perusahaan terhadap Kinerja Keuangan Perusahaan

This study aims to determine the effect of audit committees, environmental costs, intellectual capital, liquidity and company growth on company financial performance in food and beverage sector companies listed on the Indonesia Stock Exchange for the 2019-2023 period totaling 126 companies. The data used in this study were obtained from financial report data and annual reports. The population in this study were food and beverage sector companies listed on the Indonesia Stock Exchange. The sampling technique used was the purposive sampling method and 160 sample data were obtained from 32 companies. The analysis technique used in this study is multiple linear regression analysis using IBM SPSS Statistics. The results of this study indicate that environmental costs and company growth have a positive and significant effect on the company's financial performance, while the audit committee, intellectual capital, liquidity do not affect the company's financial performance.

Pengaruh Karakteristik Perusahaan Terhadap Corporate Social Responsibility Disclosure

Corporate Social Responsibility Disclosure (CSRD) has an important role for companies, because companies live in the midst of society. Each company has different factors that influence social responsibility disclosure even though the company is still in the same type of business. This research is intended to determine company characteristics that influence corporate social responsibility disclosure (CSRD) in the annual reports of companies in the Food and Beverage sector. The aim of this research is to find out whether company size as proxied by (SIZE), profitability as proxied by (ROA), and leverage as proxied by (DER) have an effect on CSRD. The sample used was 16 companies from 33 companies taken using purposive sampling technique. The results of this research are that there is a significant negative effect on company size, which is proxied by SIZE, on CSRD, profitability, which is proxied by ROA, and leverage, which is proxied by DER, has no effect on CSRD. And simultaneously company size, profitability and leverage influence CSRD in Food and Beverage sector companies listed on the Indonesia Stock Exchange in 2016 - 2020.

PENGARUH KEBIJAKAN DIVIDEN, KEBIJAKAN HUTANG DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN (Studi Empiris Pada Perusahaan Sektor Food & Beverage yang Terdapat Di Bursa Efek Indonesia Periode 2018-2022)

This research aims to determine the influence of dividend policy, debt policy and profitability on company value in food and beverage sector companies listed on the Indonesia Stock Exchange for the period 2018 - 2022. To minimize a significant decline in share prices, management needs to adopt policies that can influence company value in front of investors. The phenomenon of the Food and Beverage industry has just slumped due to the global Covid-19 pandemic, the situation of the FB industry at the beginning of 2020 declined drastically due to the pandemic, andthe presence of the FB industry cannot be avoided by everyone. In this research, the author used secondary data in the form of financial reports of companies in the food and beverage sector listed on the Indonesia Stock Exchange for the period 2018 - 2022. The sampling technique was using the purposive sampling method. This research took a sample of 33 companies from a population of 17 companies in the food and beverage sector listed on the Indonesia Stock Exchange. The research method used in this research is a descriptive statistical method with classical test analysis, and multiple linear regression analysis using the Statistical Package for the Social Science (SPSS) version 16 program. Based on the description above, further research is needed to determine the consistency regarding factors that influence company value in food beverage sector companies. The results of this research show that dividend policy, debt policy and profitability have a positive effect on company value.Keywords: dividend policy, debt policy, profitability and firm value.

DO GREEN ACCOUNTING AND CARBON EMISSION DISCLOSURE AFFECT STOCK RETURN?

Environmental issues such as climate change can be an external factor that influences stock price fluctuations and stock returns. This research aims to analyze the impact of carbon emission disclosure, green accounting practices, and profitability on the share returns of food and beverage sector companies listed on the Indonesia Stock Exchange during the period 2020 to 2022. This research uses a quantitative approach, multiple linear regression analysis methods, and a sample of 54 companies. The results of this study indicate that profitability has a significant impact on stock returns. However, carbon emission disclosure and green accounting do not significantly impact stock returns. The results of this research can be a reference for companies and investors who want to pay closer attention to environmental conditions.

Analisis Fundamental Makro, Fundamental Mikro Terhadap Nilai Perusahaan Dengan Struktur Kepemilikan Dan Struktur Modal Sebagai Variabel Intervening Pada Perusahaan Sektor Makanan Dan Minuman Yang Terdaftar di Bursa Efek Indonesia

The aim of this research is to test and analyze the influence of Micro Fundamentals on Company Value with Ownership Structure and Capital Structure as Intervening Variables in Food and Beverage Sector Companies Listed on the Indonesian Stock Exchange. The population of this research is food and beverage companies listed on the Indonesia Stock Exchange (BEI) with a total research sample of 3 companies in 1 company selected for 10 years from 2010-2019, this technique uses Smart-PLS4 based analytical and statistical methods. in this research is a quantitative method with secondary data collection with independent and dependent variables. Data taken from financial reports or annual reports. Macro Fundamentals have a significant influence on Company Value, Macro Fundamentals have a significant influence on Ownership Structure, Macro Fundamentals have a significant influence on Capital structure, Micro Fundamentals have a significant influence on Company Value, Micro Fundamentals have a significant influence on Ownership Structure, Micro Fundamentals have a significant influence on Capital structure, Ownership Structure significant effect on capital structure, Ownership Structure has a significant effect on Company Value, Capital Structure has a significant effect on Company Value

Pengaruh Total Asset Turnover Dan Corporate Governance Terhadap Kinerja Keuangan Sebelum Pandemi Dan Saat Pandemi Covid-19

Purpose: This study aims to determine the simultaneous and partial influence of independent variables, namely institutional ownership and Total Asset Turnover (TATO) on the dependent variable, namely Return On Assets (ROA). Methodology/approach: The population used in this study is the population of processed food sector companies listed on the Indonesia Stock Exchange from 2017 to 2022 totaling 19 companies. Meanwhile, the samples used in this study were 98 samples of processed food companies listed on the Indonesia Stock Exchange in the period 2017 to 2022. The data collection technique in this study used the Purposive sampling method. The data analysis techniques used in this study are Normality Test, Multicollinearity Test, Heteroscedasticity, Autocorrelation Test, Simultaneous Significance Test, Individual Parameter Significance Test, and Coefficient of Determination. Results/findings: Based on the results of this study, it can be concluded that TATO has a positive effect on ROA while SKI has a negative effect on ROA in processed food companies on the IDX for the 2017-2022 period. Limitations: The limitations in this study are that there are only two fundamental factors, namely Total Assets Turnover and Corporate Governance, and the sample used is only processed food industry companies that do not represent all sub-sectors of other companies. Contribution: This research can be used as a literature reference for future research, especially research on Total Assets Turnover and Corporate Governance.

The Effect of Corporate Governance and Executive Incentives on Tax Avoidance of Food and Beverage Sector Companies

The purpose of this study is to determine the effect of corporate governance and executive incentives on tax avoidance listed on the IDX. The population in this study is food and beverage sector manufacturing companies listed on the IDX for the 2019-2022 period. The samples in this study used purposive sampling sample techniques, based on the criteria set, 40 samples were obtained. The type of data used is secondary data in the form of the company's Annual Report. The data analysis methods used in this study are descriptive statistics, classical assumption tests, multiple linear regression analysis and hypothesis tests. Based on the results of data research using the Eviews 12 application shows that corporate governance has a t-count of -0.191 < 1.68709 t-table value and executive incentives have a t-count of -0.584 < 1.68709 t-table value, then the author draws a conclusion that corporate governance with institutional ownership, managerial ownership and independent commissioners has no effect on tax avoidance And executive incentives also have no effect on tax avoidance.

Pengaruh Transfer Pricing, Tunneling Incentive dan Profitabilitas terhadap Effective Tax Rate Rasio (ETR)

This study aims to examine the effect of transfer pricing, tunneling incentive and profitability on effective tax rate ratio both partially and simultaneously. This research is motivated by the occurance of several tax avoidance practices in several manufacturing companies in Indonesia. The population in this study amounted to 47 food and beverage sector companies listed on the Indonesia Stock Exchange (IDX) during the 2017-2019 period. Determination of the sample in this study using purposive sampling technique and obtained a sampel of 13 companies. The data analysis method used is multiple linier regression analysis using IBM SPSS software version 22. The results showed that the transfer pricing and profitability variables partially had a significant negative effect, while the tunneling incentive variable partially had an insignificant negative effect on the effective tax rate ratio. While simultaneously the three independent variables have a significant negative effect on the effective tax rate (ETR) ratio.

Pengaruh Debt To Equity Rasio, Return On Asset Dan Total Asset Terhadap Price Earning Rasio Pada Perusahaan Sektor Makanan Dan Minuman Yang Terdaftar Di Bei Periode 2018-2022

The aim of this research is to analyze empirical evidence using quantitative associative methods regarding the relationship between the influence of DER (X1), ROA (X2) and TA (X3) on PER (Y) in food and beverage sector companies listed on the Indonesia Stock Exchange for the period 2018- 2022.To find out the basis for decision making t isThe significance value is <0.05, there is an influence of variable X on variable YSignificance value > 0.05, there is no influence of variable X on variable YTo find out the basis for decision making in the F test as followsThe significance value is less or smaller than 0.05. Variable X influences variable Y simultaneouslyThe significance value is greater than 0.05, so variable X does not simultaneously influence variable Y.Based on the research results, it can be seen that the variables DER, ROA and TA have a simultaneous effect on PER. This proves that all independent variables in this study are able to explain their influence on financial performance.If a business has a lot of assets but cannot manage them well to generate proportional net profits, it can lead to a higher PER. Keywords: Debt to Equity Ratio, Return on Assets and Total Assets, Price Earning Ratio, Food and Beverage Sector Companies

Pengaruh Beban Pajak Tangguhan dan Perencanaan Pajak Performa Keuangan

The purpose of this study was to measure and test the deferred tax expense and tax planning in influencing the financial performance of IDX food and beverage sector companies. Using quantitative methods with financial data from 11 companies and 55 samples for the period 2018 – 2022. By making descriptive analyses, correlation coefficients and determinations, t and F tests are preceded by classical assumption tests. The results of data processing show that the variable deferred tax burden affects financial performance (Sig. 0.005 < 0.05). Meanwhile, financial performance is not affected by tax planning (Sig. 0.256 > 0.05). However, financial performance was affected by deferred tax expense and tax planning (Sig. 0.01 < 0.05)

Audit Quality and Earnings Management: Evidence from Sri Lanka: Food & Beverage and Hotel Sectors

The company's earnings are crucial for investors' decision-making since they provide emblems about value-creating ability. However, with the possibility of manipulating earnings, the whole purpose of financial reporting becomes valueless. External independent auditing can be identified as a control mechanism that minimises earnings management. This study examines the impact of audit quality on earnings management in the food and beverage sector and hotel companies in the Colombo Stock Exchange from 2013 to 2019. The real earnings management approach and total accruals are used to measure the earnings quality, while audit firm size, presence of the audit committee, frequency of the audit committee meetings and audit timeliness are the audit quality proxies. The study used regression analysis as the main analysis tool, and the findings reveal the existence of earnings management in the food and beverage and hotel sectors. Fascinatingly, audit quality does not significantly impact earnings management in the food and beverage sector, while it exists in the hotel sector. Moreover, companies' size and leverage significantly impact earnings management in both sectors. These findings suggest that effective regulation and monitoring are necessary to improve audit quality for both sectors, especially in the hotel sector companies in Sri Lanka. Hence, enhancing audit quality would minimise earnings management and improve earnings quality, which is instrumental to the decision-makers, especially investors and creditors. Henceforth, we suggest improving the audit quality in the food and beverage and hotel sectors and enhancing disclosure requirements such as research and development expenses, audit time, and non-audit services.

Economic Value Added and Market Value Added Methods and Their Influence in Measuring the Financial Performance of Food and Beverage Companies Listed on the Indonesia Stock Exchange (BEI)

This research aims to determine Economic Value Added and Market Value Added and their influence in measuring the financial performance of food and beverage companies listed on the Indonesian Stock Exchange (BEI) in 2020-2022. This research uses quantitative methods, the samples in this research were taken from the Indonesian Stock Exchange (BEI) from 20 Food and Beverage Sector Companies. This research data was obtained using secondary data. The results of the research are from data processed using SPSS 26 statistical calculations. Based on the results of the SPSS 26 output partially, the results of the Economic Value Added research have a significant positive influence on the financial performance of the food and beverage sector listed on the Indonesia Stock Exchange (BEI) and Market Value Added also has an influential effect. Significant Positive Impact on the Financial Performance of the Food and Beverage Sector on the Indonesian Stock Exchange (BEI)