Level Of Return Research Articles

The Effect of Receivables Turnover, Inventory Turnover and Current Ratio on Profitability

Manufacturing companies in the food and beverage sub-sector in 2015-2019 show corporate profit figures that fluctuate yearly. With this phenomenon, companies must strive to increase profits through cost management and know the factors that significantly influence the level of Return On Assets. This study aims to determine the effect of Accounts Receivable Turnover, Inventory Turnover, and Current Ratio on Return on Assets. The population of the food and beverage sub-sector companies listed on the Indonesia Stock Exchange 2015-2019 is 130, with a sample of 70 using a purposive sampling technique. This study uses quantitative causal analysis. The results of this study indicate that Accounts Receivable Turnover (X1) and Inventory Turnover (X2) has a significant negative effect. In contrast, the Current Ratio (X3) significantly positively affects Return on Assets.

TRADE CREDIT POLICY AND THE FINANCIAL SITUATION OF DAIRY COOPERATIVES

Aim: The aim of the study is to examine the financial health of dairy cooperatives in relation to their credit position and trade credit strategy. Methods: Using the author’s synthetic indicator, the position and strategy for granting trade credit were determined, and the levels of profitability, liquidity, debt, and management efficiency were assessed in separate groups of entities: conservative, moderate, and aggressive recipients, versus conservative, moderate, and aggressive providers. The research carried out in the field of trade credit management at dairy cooperatives allowed us to establish that the financial position of the analyzed entities varied depending on their credit position and trade credit strategy. Results: The highest level of ROE was found in the group of entities categorized as conservative recipients, where this indicator was 11.1%. Simi­larly, the group of moderate providers also had a high level of 7.1%. On the other hand, the lowest level was found in the return on sales indicator, which was 0.3% and 0.4% in the moderate recipient and aggressive provider groups, respectively. Additionally, cooperatives following a conservative trade credit strategy had a higher level of return on sales compared to the cooperatives classified in the aggressive provider group. Conclusions: The profitability of assets, funds, and sales, as well as the level of liquidity, varied among the distinguished group of cooperatives based on their position and commercial credit strategy. However, there was no variation observed in terms of the level of indebtedness.

Growth Dynamic, Productivity, Evapotranspiration, and Water-Economic Indices of Forage Cactus under Different Irrigation Depths

Supplementary irrigation can be strategic for forage cactus, aiming to guarantee higher levels of productivity and economic return. Therefore, this study aimed to evaluate the growth dynamics, productivity, evapotranspiration, and water economy indices of three forage cactus clones under different water regimes. The study was carried out in the Brazilian semi-arid region during two cycles between 2020 and 2022. Clones of forage cactus Orelha de Elefante Mexicana—OEM (Opuntia stricta (Haw.) Haw.) were evaluated; IPA Sertânia—IPA and Miúda—MIU (both species Nopalea cochenillifera (L.) Salm-Dyck) were subjected to four water regimes: rainfed and three irrigation depths (4, 8 and 12 mm). Growth dynamics and evapotranspiration were evaluated throughout the cycles, and productivity and water economy indices were based on data from the harvest time. The OEM clone showed higher dry matter productivity (21.8 Mg ha−1). The MIU clone, when intended for seed sales, presented a higher economic return (USD 20,823.33). The use of irrigation brought forward the cutting time and reduced water saving rates. With this, it can be concluded that the increase in water availability in cactus increases water consumption and reduces economic-water indices but brings important productive returns.

Abstract 460: Fecal microRNA and microbiome profiles in colorectal cancer patients: Are they predictor of survival and how do behave in longitudinal samples

Abstract Background: Colorectal cancer (CRC) is characterized by a high complexity that significantly influences treatment response and survival. There is still a lack of prognostic factors after surgery that could help predict postoperative survival. Currently, lymph node metastases are the single most important prognostic factor but it gives no clue on tumor aggressiveness and recurrence. Our group recently contributed to the identification of a fecal microRNA (miRNA) signature that accurately discriminates sporadic CRC and aimed at improving non-invasive diagnosis (Pardini et al, Gastroenterology 2023) as well as altered gut microbiome species associated with CRC (Thomas et al, Nat. Medicine 2019), but there are scanty evidence on the potentiality of such markers for prognosis. Aims: In the same cohort, we investigated if the fecal miRNome and gut microbiome at diagnosis are associated with CRC patients’ prognosis. Moreover, we assessed fecal miRNA in a new set of CRC patients collected longitudinally before and after the surgery to investigate whether such associations reflect miRNA profiles over time. Methods. We performed small RNA and shotgun metagenomic sequencing in stool samples in 3 cohorts from: Italy (IT, 128 CRC), Czech Republic (CZ, 69 CRC), and Turkey (TU, 34 CRC, 40 controls). Stool samples from TU CRC subjects were collected before surgery and after 6 months. Preliminary Results: In the IT and CZ cohorts, an average of 479 fecal miRNAs were detected with 209 differentially expressed (DE) miRNAs significantly associated with survival, including miR-1246 which was present in the CRC-associated signature identified by us. Two miRNAs (miR-197-5p and miR-6081-5p) were significantly down-regulated in patients with the worst prognosis (adj.p<0.01, HR<0.50) in both cohorts. In TU cohort, 494 miRNAs were DE in CRC (pre-surgery) vs controls. Among them, the 25 DE miRNAs detected in our previous work were also significantly altered, including the 5-miRNA CRC signature (miR-149-3p, miR-607-5p, miR-1246, miR-4488, and miR-6777-5p) identified by machine learning. Notably, after 6 months from surgery, levels of such miRNAs reverted to those measured in controls (for miR-1246 p<0.001 in both controls vs pre- and vs post-surgery comparisons). More analyses on the longitudinal fecal miRNA data are ongoing as well as for the metagenome data assessing the abundancies of CRC-associated microbial species before and after tumor resection and their possible association with survival. Conclusions: Fecal miRNAs may serve as biomarkers for CRC prognosis. Following tumor resection, CRC levels of altered miRNAs return in a range comparable with those of healthy controls in a time-dependent manner. These data further support the use of fecal miRNAs as accurate diagnostic CRC biomarkers and provide preliminary information on their possible translation as a prognostic tool. Citation Format: Barbara Pardini, Nazim Arda Keles, Giulio Ferrero, Sonia Tarallo, Giulia Francescato, Amedeo Gagliardi, Virginia Alberini, Carla Di Battista, Veronika Vymetalkova, Fatma Turkoglu, Ozgul Duzgun, Omer Faruk Ozkan, Bilge Guvenc Tuna, Pavel Vodicka, Soner Dogan, Alessio Naccarati. Fecal microRNA and microbiome profiles in colorectal cancer patients: Are they predictor of survival and how do behave in longitudinal samples [abstract]. In: Proceedings of the American Association for Cancer Research Annual Meeting 2024; Part 1 (Regular Abstracts); 2024 Apr 5-10; San Diego, CA. Philadelphia (PA): AACR; Cancer Res 2024;84(6_Suppl):Abstract nr 460.

The Financing Decisions and Financial Performance of Manufacturing Firms Listed at Nairobi Securities Exchange, Kenya

Purpose: The main aim of the investigation was to ascertain how financing decisions affect the financial success of manufacturing companies listed on Kenya's Nairobi Securities Exchange. Materials and Methods: This study's methodology was a descriptive research plan. Ten manufacturing companies are listed on the NSE. 10 manufacturing organizations that were listed on the Nairobi Securities Exchange in Kenya as of December 31, 2021, made up the study's population. Because they have regularly been listed at NSE since 2012 without skipping a year, the 10 firms were targeted. The companies that are not listed in any given year between 2012 and 2021 was not taken into account by the study. Therefore, the study involved all 10 manufacturing companies. Since every company was listed throughout the time of this study, none was omitted. The researcher uses a document review checklist during the data collection to gather secondary information for use in compiling and analyzing the financial statements. Panel data made up of time series and cross sections was considered secondary data. The data that was collected was between 2012 and 2021. Findings: Outcomes depicted that liquidity decision had a satisfactory and important effect on financial success (β= 0.088, p=0.003). Outcomes depicted that dividend decision had a satisfactory and important consequence on financial success (β= 0.073, p=0.032). In addition, outcomes depicted that investment decision had a satisfactory and important consequence on financial success (β= 0.021, p=0.002). A strong dividend policy that may increase manufacturing companies' levels of return on assets and draw in investors should be in place for those listed on the Nairobi Securities Exchange. Implications to Theory, Practice and Policy: The report suggested that in order to increase their income base, companies listed on the NSE that are in the manufacturing and related sectors should invest in product diversification strategies. Since the financial success of manufacturing enterprises is directly impacted by investment decisions. Subsidies for manufactured goods should be taken into account by the Kenyan government as a policy through the yearly budget proclamations. It is recommended that managers closely monitor the firm's liquidity, take on projects with positive net present values, and generate cash flow to support their investment and operational endeavors.

No difference in operative time, outcomes, cosmesis, or return to activity and/or sport after minimally invasive versus open repair of primary Achilles ruptures: a retrospective review.

To compare clinical outcomes and the rate of return to sport among patients that have undergone minimally invasive repair versus open approach of an acute Achilles tendon rupture. Patients who underwent surgical repair of acute Achilles tendon rupture at a single urban academic institution from 2017 to 2020 with minimum 2-year follow-up were reviewed retrospectively. Preinjury sport participation and preinjury work activity information, the Achilles tendon Total Rupture Score (ATRS), the Tegner Activity Scale, Patient-Reported Outcomes Measurement Information System for mobility and pain interference were collected. In total, 144 patients were initially included in the study. Of these, 63 patients were followed with a mean follow-up of 45.3 ± 29.2months. The mean operative time did not significantly differ between groups (p = 0.938). Patients who underwent minimally invasive repair returned to sport at a rate of 88.9% at a mean of 10.6 ± 5.8months, compared to return rate of open procedures of 83.7% at 9.5 ± 5.5months. There were no significant differences in ATRS (p = 0.246), Tegner (p = 0.137) or VAS pain (p = 0.317) scores between groups. There was no difference in cosmetic satisfaction between PARS and open repair groups (88.4 vs. 76.0; p = 0.244). Patients who underwent minimally invasive repair of acute Achilles tendon ruptures demonstrate no significant differences with respect to cosmesis, operative time, patient-reported outcomes and the rate and level of return to activities when compared to an open approach. III.

Incidence of Septic Arthritis After Vancomycin Soaking of the Graft During Arthroscopic Anatomic Anterior Talofibular Ligament and Calcaneofibular Ligament Reconstruction

Background: Vancomycin soaking of the graft during arthroscopic anterior cruciate ligament reconstruction has been shown to be effective in reducing the rate of postoperative infection. Purpose/Hypothesis: The present study aimed to (1) analyze the effect of vancomycin-soaked grafts during arthroscopic anatomic reconstruction of the anterior talofibular ligament (ATFL) and the calcaneofibular ligament (CFL) on the incidence of infection and (2) evaluate the influence of infection on functional outcomes and identify the risk factors of infection. It was hypothesized that vancomycin soaking of the graft would reduce the postoperative infection rate. Study Design: Cohort study; Level of evidence, 3. Methods: Consecutive patients at 2 centers who underwent ATFL/CFL reconstruction between December 2011 and July 2022 were included. All patients had undergone anterolateral arthroscopic debridement of the ankle and anatomic ATFL/CFL reconstruction with a gracilis tendon autograft. Vancomycin soaking of the graft was begun in both centers in January 2021. Complications, functional scores, return to sports (RTS) rates, and the level of return were compared between patients with and without vancomycin-soaked grafts and between patients with and without infection. Results: Overall, 182 patients (48% men; mean age, 34 ± 11.9 years) were included, with a mean follow-up of 23 ± 16.1 months. The rate of postoperative infection was significantly lower in the group with vancomycin soaking versus without (0/92 [0%] vs 8/90 [8.9%]; P = .001). At the final follow-up, there were 26 complications (14.3%): 8 infections, 6 recurrent tears, and 12 peripheral neuropathies. The infections developed after a mean of 17 ± 11 days. The functional scores were excellent at the final follow-up (American Orthopaedic Foot and Ankle Society [AOFAS] Ankle-Hindfoot Score, 86.5 ± 18.7; Karlsson score, 85 ± 18.3). Patients with infection had significantly decreased AOFAS scores (52.8 ± 27.6 vs 83.3 ± 21.5; P = .003), Karlsson scores (57 ± 27.7 vs 83.6 ± 20; P = .006), and RTS rates (25% vs 77%; P = .005) versus patients without infection. Conclusion: Vancomycin-soaked grafts for arthroscopic anatomic ATFL/CFL reconstruction decreased the rate of postoperative infection. Infection led to a deterioration in results. Vancomycin-soaking of the graft did not have a negative effect on functional results.

DISPLACED COMMERCIAL RISK AND ITS EFFECT ON ISLAMIC BANK CUSTOMER LOYALTY: AN ANALYSIS OF SUPPORTING FACTORS

The purpose of this study is to determine what factors encourage the emergence of Displaced Commercial Risk in Islamic banks and their effect on the loyalty of Islamic bank customers. Displaced Commercial Risk is a risk that occurs due to changes in the level of returns provided by banks to customers, resulting in indications that customers move some of their funds from Islamic banks to conventional banks. This study uses multiple linear regression analysis, by conducting reliability and validity tests, classical assumption tests and hypothesis testing. The sample of this research is Islamic Bank customers who have met the sample determination criteria of 150 respondents. The results showed that there are three factors driving the emergence of Displaced Commercial Risk in Islamic banks, namely the Return Rate, Islamic Bank Operations and Return Expectations. Of the three factors, the Expectation of Yield factor does not have a significant effect on the loyalty of Islamic Bank customers.

Reaksi Investor Pada Peristiwa Pengumuman Kabinet Indonesia Maju

This study aimed to explain investors’ reaction in the Indonesian capital market to the Announcement of the Jokowi and Ma’ruf Amin’s Cabinet of Indonesia Maju. This study investigated companies listed on the LQ 45 Index of the Indonesia Stock Exchange in 2019 as its population. Moreover, the purposive sampling method was to determine the sample that included 38 companies. This study collected data using documentation techniques within fifteen days. The periods were seven days before the Indonesia Maju Cabinet’s Announcement and seven days after the Announcement, from 14 October 2019 to 01 November 2019. The testing approach was an event study approach. The analysis technique was to test the signifi-cance level of the average abnormal return, and moderate trading volume activity is the paired sample t-test. The results indicated no difference in average abnormal return before and after the Indonesia Maju Cabinet’s Announcement. There was no difference in moderate trading volume activity before and after the Indonesia Maju Cabinet’s Announcement. In other words, there was a less positive reaction from investors around the Indonesia Maju Cabinet’s information

PENGARUH INFLASI, SUKU BUNGA, ROA DAN EPS TERHADAP RETURN SAHAM PERUSAHAAN SUB SEKTOR BATU BARA

Investment is an activity to invest directly or indirectly with the aim of obtaining a return. One form of indirect investment that is popular and in great demand by investors today is stocks. The level of return obtained by investors is not fixed and can change at any time. The purpose of this study was to determine the effect of inflation, interest rates, ROA and EPS on stock returns. This research was conducted using the object of research, namely the coal sub-sector mining sector companies listed on the Indonesia Stock Exchange in the 2016-2020 period. This study uses secondary data from the company's financial statements as well as the official website of Bank Indonesia and the Central Statistics Agency (BPS). The analysis technique used is multiple linear regression. The results show that (1) inflation has no effect on stock returns, (2) interest rates have a negative effect on stock returns, (3) ROA has a positive effect on stock returns, and (4) EPS has a positive effect on stock returns.

Financial derivatives and the commercial banks performance in UAE

The introduction of derivatives at the financial market of the United Arab Emirate (UAE) is to enhance liquidity and broadens the range of securities. This is because it brings exciting opportunities for investors to diversify their investment in an efficient and cost-effective way. Evidence from previous studies has shown that financial market derivatives help to reduce risk. Even though trading losses produced by unsuitable derivative activity are frequently big enough to create financial problems and even bankruptcy, there is minimal research on how bank profitability and performance are affected. The study examines the determinants of financial derivatives on the performance of commercial banks in UAE and the financial risk exposure between derivatives financial assets and derivatives financial liabilities. The research employs Pecking order theory, panel ARDL and data from 30 commercial banks’ financial statements in 2020 in UAE. The study found that an increase in the level of return on assets will create an increase in traded financial derivatives that will enhance bank performance by a high level of percentage. Stability of the banking sector in UAE is recommended to enhance better performances of commercial banks on financial derivatives in UAE.

Comparative Analysis of Conventional and Electric Motor Propulsion Systems for “Sandek” Fishing Boats in West Sulawesi from a Sustainable Economical Aspect

Indonesia as a tropical country has abundant potential of solar energy. The Indonesian government is very serious about implementing efforts towards net zero emissions which are continuously encouraged. Using solar energy is one of the solutions to reduce greenhouse gas emissions use of fossil fuels. One of the efforts made is to apply technology to replace the propulsion system of ships powered by fossil fuel engines to electricity from solar energy. This research takes the case of a conventional engine-powered “Sandek” fishing boat converted to a solar-powered electric motor in West Sulawesi. The aim is to compare the level of profit and return on investment before and after conventional motor ships are replaced with electric powered ships. The research method used is a descriptive method with investment parameters including NPV, IRR, and Payback Period. The results hopefully can be used as a reference for investment who will develop the transition from conventional motor boats to electric boats. The conclusions of this research can be used as a model for the sustainable use of electric fishing boats in Indonesia.

КОМПЛЕМЕНТАРНІ АКТИВИ ІННОВАЦІЙНОЇ ДІЯЛЬНОСТІ В СИСТЕМІ ОБЛІКУ

Complementary assets ensure the emergence of a synergistic effect due to the formation of such combinations of innovative resources that contribute to the construction of the most effective chain of value creation and the maximization of economic benefits by increasing the level of marginal return from the separate use of such resources. The main reasons for the insufficient use of the concept of complementary assets in accounting have been analyzed. The directions for using the concept of asset complementarity in US GAAP and IAS/IFRS have been grounded. The main characteristics of complementary assets have been disclosed and analyzed. The basic provisions of the methodology of accounting for complementary assets according to GAAP US and IAS/IFRS have been analyzed. Two main approaches have been proposed for the development of the accounting system of complementary innovative assets of the enterprise: 1) accounting of complementary assets as a single asset (comprehensive assessment of one asset at fair value, in particular in cases of accounting for intangible assets during a merger of enterprises, accounting for minerals or oil and gas property for enterprises engaged in extractive activities, etc.); 2) parallel analytical accounting of complementary assets (improved assessment of the basic asset at fair value). Development directions for the evaluation of complementary innovative assets of the enterprise at fair value have been formed. The dependence of the amount of information on complementary assets to be disclosed and the level of protection of the enterprise's innovative capital is substantiated. The expediency of forming a comprehensive report on complementary innovative assets, which will reveal information about basic innovative assets (elements of the enterprise's innovative capital) and complementary tangible and intangible assets, is substantiated. Because different types of complementary assets play different roles in ensuring the effectiveness of the creation and use of basic innovation assets. Therefore, information about different types of complementary assets of innovative activity will have different relevance for users. The proposed report for the enterprise is an information basis for decision-making in the innovation management system.

Effect of Financial Technology on Financial Performance of Deposit Money Banks in Southwest, Nigeria

Financial Technology in the recent times, has significantly intensified competition in Nigerian Banking Industry, hence Deposit Money Banks (DMBs) face persistent pressures from a wide and diverse range of competitors, while the regulatory environment becomes less protective of the financial institutions. This study therefore examined the effect of financial technology on the financial performance of deposit money banks in southwest, Nigeria. The study employed an Ex-Post Facto research design to establish functional relationship among customers and employees of the DMBs branches in the South West geopolitical zone in Nigeria. The descriptive statistics, which involved the current levels of financial performance on deposit money banks showed an improvement in the return on assets due to the deployment of financial technology with the weighted average of 216 or 35.94% while more than 97% of respondents perceive the level of improvement in equities of banks in Nigeria as moderate followed by the rate of improvement in net income margin of banks with weighted mean of 192 or 31.9%. The empirical results showed that the deployment of automated teller machine, mobile banking, internet banking and point of sales on the financial performance of banks have significantly and positively improve banks’ return on asset, equity and the net income. This is an indication that the financial performance of Nigerian banks’ are highly sensitive to changes in the alternative banking channels as 1%, rises in automated teller machine increase the return on asset by 0.18%. In the same vein, increase in mobile banking to the tune of 1% raised the level of return on asset by 0.29%. Thus the study concludes that the deployment of mobile banking and internet bank drive virtually all the indicators of bank financial performance in Nigeria. However, the paper recommends that, the deployment of mobile banking was more pronounced, and particularly in the area of banks’ return on equity although all the alternative banking channels contributes to bank financial performance in Nigeria.

MODELING AND INVESTIGATION OF THE INFLUENCE OF LOADINGMODE ON THE DEFORMATION PROCESS OF ASPHALT CONCRETEMATERIALS

The article considers a problem of calculating the deformations of forward and reversed creep tension of rheonomic materials. The hereditary theory of creep by Yu.N. Rabotnov is used to describe the nonlinear deformation process. Proposed a method for determining the necessary material characteristics from forward and reversed creep data. During the experiments, there were tested two batches of asphalt concrete samples. Also, was shown behavior of asphalt concrete at cyclic increasing and constant loading modes. At a temperature T = 24 °C were tested 10 samples at cyclic increasing loading mode. Cyclic stresses were equal to 0.041; 0.074; 0.111; 0.148; 0.183 MPa and duration period between loading and relax period were chosen to be 570 seconds. At cyclic constant loading were investigated individual samples for the parameters of forward and reversed creep at stresses of 0.041; 0.117. Then, investigated the affect of reloading two reversed creep process of asphalt concrete samples. From first batch of samples were tested 9 samples before destruction with a period 65 seconds: forward creep of samples at for the following 5 seconds; reversed creep at for the following 60 seconds. From the second batch of samples were tested 11 samples of asphalt concrete before destruction with period 70 seconds: forward creep for the following 10 seconds and reversed creep at for the following 60 seconds. Test results showed that the level of return of second batch increased than the first batch of samples. In the work were tested 5 samples of asphalt concrete according to the direct tensile scheme until a complete failure. Test temperature was T=22-24 °C. For each level of loading with constant rate: 0,6519; 0,4678; 0,0580; 0,0489; 0,0055 MPas-1.Using experimental data, were found parameters of the deformation at different constant rate of loading. As a result, all samples fractured brittle at small deformations.

ОЦЕНКА ВЛИЯНИЯ ДОЛГОВОЙ НАГРУЗКИ НА ЭФФЕКТИВНОСТЬ ДЕЯТЕЛЬНОСТИ ПРЕДПРИЯТИЯ

These days, domestic industrial enterprises tend to use borrowed funds for business development needs due to insufficient own funds for achieving the desired rates of sustainable growth. The forms and scopes of borrowing may vary depending on corporate goals and objectives at each stage of business development, including the possibility for the company to increase its debt burden without detriment to the operational performance. If the company's debt obligations grow at a higher rate than its profits, the company may be facing a loss of financial stability, potentially leading to bankruptcy. This article presents the findings of a study on the capital structure and change dynamics of a major furniture manufacturer in Russia, including the impact of the growing debt burden on the operational performance indicators. The study demonstrates that the capital growth rate slows down with an increase in the share of borrowed funds within the capital structure. Such borrowed funds, being essentially long-term financial liabilities, are found to dominate the overall capital structure, resulting in lower financial stability and a sharp rise in the company's debt service costs, which in turn contribute to reduced level of profits and lower return on assets. Based on the findings of this study, it was concluded that keeping on with the current trend of growing debt burden, the company will not be able to discharge its debt obligations through the operating activities at the given pace of business development.

Comparative Analysis Of ROI Interest Rates And Inflation On Investment Decision-Making

This research aims to analyze and determine the investment decisions that investors will make between the stock exchange or deposits at PT. Telekomunikasi Indonesia and Bank Mandiri for the period 2011 to 2015. The information contained in financial reports is very useful for parties such as investors, financial reports are used to help make investment decisions and to determine the development and progress of company activities. Investors' decisions are based on a comparison of Return on investment (ROI), Interest Rates, and Inflation. The research results stated that the level of Return On Investment (ROI) at PT. Telekomunikasi Indonesia was higher than Bank Mandiri over 5 years, which stated that investors were more interested in investing their funds in shares. The higher the return on investment value of a company, the higher the interest of investors in investing their funds in that company. Because the rate of return will be greater and greater interest will increase the share price.

Faktor-Faktor Yang Mempengaruhi Dividend Payout Ratio Pada Perusahaan Perbankan Di BEI

The dividend policy considers whether a company's earnings will be reinvested or distributed. This policy significantly impacts stakeholders' interests. For investors, the dividend policy is crucial because it affects the level of return on investment. This study aims to explain and analyze whether the bank size, return on assets (ROA), debt-to-equity ratio (DER), loan-to-debt ratio (LDR), and net interest margin (NIM) have a significant impact on the dividend payout ratio (DPR). The sample for this research consists of 10 banking companies listed on the Indonesia Stock Exchange from 2018 to 2022, encompassing 50 observations. The sample was tested through descriptive statistical analysis, model selection tests, and panel data regression analysis. The research findings indicate that Bank Size has a positive and significant impact on the DPR, ROA has a negative and significant impact on the DPR, while DER, LDR, and NIM do not significantly influence DPR.

Analysis Of The Effect Of Stock Returns Using The Capital Asset Pricing Model (Capm) Method On Risk In Food And Beverage Companies Listed On The Idx For The 2020-2022 Period

This study aims to determine whether the stock return obtained from the CAPM calculation can significantly affect the risk of food and beverage companies listed on the Indonesia Stock Exchange for the period 2020–2022. The variables used in this study are risk as an independent variable or independent variable calculated using the Beta (β) formula, and stock returns as a dependent variable or dependent variable calculated using the CAPM formula. This study uses a descriptive statistical analysis test, a classical assumption test, and a partial t hypothesis test. The results of this study indicate that the stock return variable significantly affects the risk variable because the sig value is 0.004 ˂ 0.05, which means Ho is rejected and Ha is accepted, which means that the effect of the independent variable on the dependent variable is unidirectional. This shows that the higher the level of return expected by investors, the higher the level of risk that investors will take. This is in accordance with the portfolio theory in the CAPM method, which suggests that there is a positive and linear relationship between beta, risk, and the expected rate of return.

Mini Open Fasciotomy for Chronic Exertional Compartment Syndrome: A Prospective Case Series

Chronic exertional compartment syndrome (CECS) is a challenging pathology that causes pain and physical limitations. Fasciotomy is the gold standard and different techniques have been described. Techniques that allow a fast return to sports and low recurrence rates are of great interest for the athletic population. This is a prospective case series presenting a mini open surgical technique and its results regarding the level of return to sports and quality of life in 13 patients. A specific CECS questionnaire was applied and analyzed concerning the distance patients were able to run before and after treatment, Tegner score, Medical Outcomes Short-Form Health Survey (SF-36), and epidemiological measures. The minimum follow-up was 12 months. The mean distance the patients were able to run per week following the surgical treatment improved from 14.1 to 38.1 km (P = .042) and the mean Tegner score improved from 3.92 to 7.08 (P = .01). Notably, 12 out of 13 patients were satisfied or very satisfied with the outcome. In this sample, the mini open technique improved patients’ sports performance and quality of life and minimized pain. Chronic exertional compartment syndrome can be safely approached using a mini open technique with a good rate of satisfaction and return to sport. Levels of Evidence: IV