Panel Data Regression Analysis Research Articles

Corporate Social Responsibility (CSR) dan Profitabilitas: Pengaruh aspek ekonomi, lingkungan, dan social pada Perusahaan Manufaktur

This study was conducted to determine how the influence of Corporate Social Responsibility (CSR) disclosure on profitability. This research uses a quantitative approach method. The data analysis technique used in this research is panel data regression analysis technique and the data is processed using STATA software version 16. Disclosure of economic, environmental, and social aspects of CSR as independent variables, company size, and sub-sector as control variables and profitability projected by Return on Asset (ROA) and Net Profit Margin (NPM) as dependent variables. This research was conducted in manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2018-2021. The sample selection in this study used purposive sampling method and obtained 29 sample companies. The results of this study indicate that the disclosure of CSR in economic, environmental, and social aspects does not have a significant effect on ROA. Likewise, CSR disclosure of environmental and social aspects. The larger the size ot the firm, the higher CSR disclosure carried out by the company.

Pengaruh Pertumbuhan Ekonomi dan Inflasi Terhadap Tingkat Pengangguran 5 Kota/Kabupaten di Jawa Timur tahun 2012-2021

Social and economic issues may arise as a result of the problem of a lack of job prospects and other issues that this era brings about. Inflation and economic growth are just two of the many factors that contribute to unemployment. This study's objective is to identify the partial and concurrent impact on inflation and economic growth at various levels in 5 cities or regencies in the East Java Province from 2012 to 2021. Purposive sampling was employed to choose the sample for this quantitative research strategy. Five East Javan regions and cities served as the sample locations for this study from 2012 to 2021. impact on the level of five East Javan districts/cities. Panel data regression analysis (time series and cross section) utilizing the Random Effect model specification using Stata 14 and SPSS 28.0 programs is the data analysis technique used. The data analysis findings indicate that economic growth and inflation have a simultaneous negative and significant effect in the F test, whereas inflation has no significant impact at the level of the five cities and districts in East Java.

Audit Committee as A Moderating Variable: Factors Influencing Audit Quality in Financial Sector on the IDX

This study aims to determine the effect of audit quality, namely audit tenure, audit rotation, and audit fees on audit quality in financial sector companies listed on the Indonesia Stock Exchange. In addition, this study also aims to determine whether the audit committee can be used as a moderating variable in the model. The type of data used in this research is secondary data. The technique of determining the sample is using purposive sampling. The samples obtained in this study were 17 manufacturing companies listed on the IDX from 2017 to 2021. The data analysis technique used was panel data regression analysis and interaction test (moderating) which was carried out with the help of EVIEWS version 10 software. The results in this study indicate that partial tenure audits have a positive effect on audit quality and are not significant. Audit rotation has a negative effect on audit quality and not significant. Audit fees have a negative effect on audit quality and not significant. The audit committee is unable to moderate audit tenure, audit rotation, audit fees on audit quality. The audit committee is unable to moderate audit tenure, audit rotation, audit fees on audit quality.

Pengaruh Operating Cost And Operating Income, Non Performing Loan, and Loan To Deposit Ratio Terhadap Nilai Perusahaan Pada Bank Konvensional Bumn Yang Terdaftar Di Bursa Efek Indonesia (BEI) Tahun 2019-2022

This study aims to determine how the independent variables, namely Operating Cost and Operating Income, Non Performing Loan, and Loan to Deposit Ratio, influence the dependent variable, namely Company Value (Price to Book Value) in BUMN Conventional Banks listed on the IDX in 2019-2022. The type of research used is associative with a quantitative approach with a total population of 42 companies. The sampling technique uses purposive sampling so that the number of samples obtained is 4 companies. This study uses panel data regression analysis techniques using the help of Eviews 10 software. Based on the results of the study, it can be concluded that partially operating cost and operating income affect company value (Price to Book Value), while non-performing loans and loan to deposit ratios do not affect company value. Simultaneously operating cost and operating income, non-performing loans and loan to deposit ratios have a significant effect on company value (Price to Book Value).

Quality Economic Growth: Is It Possible to Achieve by An Archipelago Area?

The purpose of this study, the researcher uses descriptive and verifiable analysis methods. Verifiable analysis through panel data regression analysis, by choosing the best approach from the Common Effect Model, Fixed Effect Model or Random Effect Model. The research variables consisted of natural resource factors (F_SDA) in the primary sector which were proxied from the contribution of the agriculture, forestry and fisheries sectors as well as the mining and quarrying sector to GDP, Foreign Investment (FDI), Government Expenditure (Blj_P), Average School Length (R_LS), Population Growth (Pert_Pduk) as free variables and Economic Growth (Pert_Ek) and Employment Opportunity Rate (TKK). Secondary data was obtained from BPS, the Ministry of Finance of the Republic of Indonesia, SatuData of the Ministry of Manpower. The type of data is panel data that was studied during the time period 2010 to 2019. The results of the study show that relatively high economic growth in areas with archipelagic characteristics does not have an impact on increasing employment opportunities. The F_SDA and FDI variables have no effect on economic growth in archipelagic areas, the Blj_P variables are influential and significant, while Pert_Pduk have an effect but not significantly on economic growth in archipelagic areas. The human resource factor variable that is proxied from the average of a long time (R_LS) has an effect but is negative and significant on economic growth in the archipelago. Overall, from this study, it was found that economic growth in the archipelago during the period from 2010 to 2019 was not of good quality.

PANEL DATA REGRESSION ANALYSIS FOR MODELING THE HUMAN DEVELOPMENT INDEX IN NORTH SULAWESI PROVINCE

The regression analysis is a technique used in hypothesis testing to determine the impact of one variable on another. This study uses Panel Data Regression Analysis, which combines cross-sectional and time series data. This study aims to analyze the impact of Life Expectancy, Income Per Capita, Expected School Years, and Average School Years on the Human Development Index. According to the result of the analysis, the Common Effect Model (CEM), which used Ordinary Least Squares (OLS) estimation, was the most suitable model. The equation obtained is . Moreover, according to the significance test, all independent variables were significantly related to the dependent variable

Capital Structure Impact on Firm Performance: An Empirical Study of the Pharmaceutical Sector in India

"The paper seeks to study the impact of capital structure on the profitability of the top twenty pharmaceutical companies based on market capitalization. Only companies listed on the National Stock Exchange (NSE) were selected for the analysis purposes. In this study, we collected five years (2018-2022) data for the empirical investigation using panel data regression analysis. Four dependent variables (return on equity, return on assets, earning per share, and Tobin’s Q) and three independent variables (long-term debt ratio, short-term debt ratio and total debt ratios) were selected to measure financial performance and capital structure, respectively. Size is a control variable. The results indicated that firm performance, which was measured by return on asset, return on equity, and earnings per share, has a significant negative relationship with short-term debt ratio, long-term debt ratio, and total debt ratio. Tobin’s Q showed no relationship with short-term debt and long-term debt. The paper adds to the emerging body of literature on capital structure and financial performance relationship in the Indian context using a newer data set."

Pengaruh Kinerja Lingkungan Dan Intellectual Capital Terhadap Kinerja Keuangan (Studi Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2018-2022)

This research aims to determine the influence of environmental performance and intellectual capital on the financial performance of mining companies listed on the Indonesian Stock Exchange (BEI) in 2018-2022. The independent variables in this research are environmental performance which is measured using the PROPER rating, and intellectual capital is measured using the Value Added Intellectual Coefficient (VAICTM). The dependent variable in this research is financial performance measured using return on assets (ROA). The sampling method used purposive sampling so that the sample obtained was 24 company data. The data analysis technique uses panel data regression analysis with the eviews 12 application. The research results show that environmental performance has no effect on financial performance, and intellectual capital has no effect on financial performance.

The Influence of Government Expenditure on the Human Development Index in NTT Province

Researchers analyzed government spending on health, education, and infrastructure in influencing the human development index in NTT Province. The research data is panel data in 22 districts/cities, namely health, education, and infrastructure expenditure data for 2010-2022. Panel data regression analysis used the pooled least square method to analyze government spending. The results found that government spending on health, education, and infrastructure together (simultaneously) significantly influenced the human development index in districts/cities in NTT province. Another analysis found that government spending on health and education partially influenced the human development index significantly in the districts/municipalities of the NTT province. However, spending on infrastructure partially had no significant effect on the human development index in the districts/municipalities of the NTT province. The implications of the research are improvements in health, education, and infrastructure that can increase development.

Impact Of Mudharabah And Murabaha Financing On Real Sector Growth In Asean Developing Countries

This research aims to analyze whether mudharabah and murabaha financing have an impact on maximizing real sector growth in Indonesia, Malaysia and Brunei Darussalam. The method used in this research is quantitative with a descriptive-associative approach. The data used in this research comes from secondary data and time series data obtained from the Financial Services Authority (FSA) Islamic banking statistics report, Indonesian economic and financial statistics report, Kuwait Finance House annual report, Malaysian economy in Figures 2022 report, report annual Islamic bank Brunei Darussalam, and the International Monetary Fund (IMF) report. This research uses panel data regression analysis. The research results show that partial mudharabah and murabaha financing does not impact real sector growth. Simultaneously, mudharabah and murabaha financing significantly impact real sector growth. This research provides a new contribution to scientific development, stating that mudharabah and murabaha financing do not impact real sector growth. Practically, this research proves that there must be improvements related to mudharabah and murabaha financing so that they can have an impact on real sector growth.

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.

Pengaruh Dana Pihak Ketiga Dan Beban Operasional Pendapatan Operasioanal (BOPO) Terhadap Profitabilitas Pada Bank Umum Milik Negara Di Indonesia

This study aims to find out and explain the influence of Third Party Funds and Operating Income Operating Expenses (BOPO) on profitability in state-owned commercial banks in Indonesia. The type of research used by the researcher is quantitative research using primary data. The data analysis techniques used include, panel data regression analysis, classical assumption test and hypothesis test using the Eviews 9 analysis tool. The results of the T test showed that the third-party fund variable had an effect but not significantly on profitability and the Operating Income Operating Expense (Bopo) variable had a significant effect on profitability and the F test result showed that the third-party fund variable and Operating Income Operating Expense (Bopo) simultaneously had a significant effect on profitability.

PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PADA BANK UMUM SYARIAH DI INDONESIA

This research aims to empirically prove the influence of Good Corporate Governance on the financial performance of sharia banking. Based on the purposive sampling method, the samples obtained were 7 sharia banks that met the criteria. Research data was obtained from annual reports for the 2016-2021 period. The data in this research is quantitative data using secondary data. The analytical method used is multiple linear regression analysis of panel data. The research results show that the board of commissioners has a negative and significant effect on financial performance, because too many board of commissioners can reduce the company's profitability, the board of directors has a positive and significant effect on financial performance, the sharia supervisory board has a positive and significant effect on financial performance and the audit committee does not influence on financial performance. Together the board of commissioners, board of directors, sharia supervisory board and audit committee influence Return on Assets. Regarding efforts to improve financial performance, sharia commercial banks should focus more on the board of directors and sharia supervisory board. Because the better the board of directors and sharia supervisory board, the better the financial performance of sharia commercial banks in 2016-2018.

The Influence of Company Growth, Capital Structure, and Business Risk on Company Value with Company Size as a Moderating Variable in Property and Real Estate Sector Companies on the Indonesia Stock Exchange

This research aims to analyze the influence of company growth, capital structure, and business risk on company value. This research also aims to analyze company size in moderating the relationship between company growth, capital structure and business risk on company value. The population in this study were property and real estate sector companies listed on the Indonesia Stock Exchange from 2018 to 2022. The sampling technique in this study used purposive sampling, so the sample obtained were 33 companies. The analysis technique used in this research uses panel data regression analysis using EViews 13 as a data processing tool. The results of this research prove that capital structure has a positive effect on company value, while company growth and business risk have a negative effect on company value. Company size is not able to moderate the relationship between company growth, capital structure, and business risk on company value.

PENGARUH OPINI AUDIT BPK DAN BELANJA MODAL TERHADAP KINERJA KEUANGAN PEMERINTAH DAERAH

This study analyzes the Effect of BPK Audit Opinion and Capital Expenditure on Local Government Financial Performance in West Java Province Cities and Regencies in 2018- 2021. This type of research uses quantitative research methods. The population and sample in this study were 108 cities and districts with a period of 4 years. The population and samples are West Java cities and regencies located in the Directorate General of Financial Balance, Ministry of Finance and the Financial Audit Agency which publishes the results of budget realization reports and inspection results. Retrieved from https://jabar.bpk.go.id and https://djpk.keimeinkeiui.go.id websites. The data analysis technique uses panel data regression analysis using Eviews 9.0 software. The results showed that the BPK Audit Opinion had a negative effect on the financial performance of local governments, while Capital Expenditure had a positive effect on the financial performance of local governments.

Socioeconomic Factors Driving International Travel Destination for Tourism

ABSTRACT Commercial air transport growth and its technological evolution have played a pivotal role in facilitating increased people movement across nations. While numerous studies have examined the broader international travel demand evolution or specific patterns between locations, understanding the drivers that propel people towards different destinations is essential for both companies’ planning and the formulation of public policies. This study contributes to this endeavor by analyzing three crucial socioeconomic factors that shape our global reality: globalization, countries’ economic structure, and the dynamics within this structure. Through the utilization of panel data regression analysis methodology, the relationships between the evolution of international tourism and these socioeconomic factors are estimated and discussed. The findings highlight strong associations between each perspective analyzed and the historical demand for tourism, which provides valuable insights for developing strategies that harness the positive impacts of globalization, addressing regional disparities, and promoting sustainable tourism growth.

The dynamics of financial performance and market performance in the context of Indian banking industry

Background This study aims to gain insight into the effect of banks’ financial performance on their market performance. We conceptualized the research subject on the assumption that the financial performance of an organization is the most important criterion for triggering movement in its stock price. We explored various models and parameters to evaluate financial performance of banks and found CAMELS being one of the most comprehensive and appropriate model. We considered share price growth of banks to measure their stock market performance Methods We collected financial and stock market data pertaining to 32 listed Indian banks for the period 2018 to 2022. The study has employed multiple linear regression analysis of panel data for evaluating the relationship between independent and dependent variables. We adopted panel regression for data analysis and used the Prais- Winsten regression with panel corrected standard errors, as the data suffers from contemporaneous cross-sectional correlation. Results The results show that net non-performing assets, net interest margins, and return on capital have a significant negative impact on share price growth. The capital adequacy ratio and the current and savings account deposit ratios have a positive insignificant impact. The liquid asset-to-total asset ratio has a negative, insignificant impact. The coefficient of determination indicates that the share price growth of banks is more dependent on other factors which are not included in the regression analysis of this study. Conclusion This study helps investors and bankers understand the limited impact of financial parameters on banks’stock prices and to look for other parameters which explain the stock price movement better.

HOW FRAUD HEXAGON MODEL ON FINANCIAL STATEMENT FRAUD IN ENERGY SECTOR COMPANIES?

Financial statement fraud is a discrepancy between the application of accounting principles and the preparation of financial statements with the aim of deceiving users of financial statements This study aims to analyze the effect of Hexagon Fraud on financial statement fraud. There are 10 variables used, namely financial targets, financial stability, change of directors, monitoring, ideal condition of the company, change of auditor, photo of the CEO, government projects, political connections, managerial ownership. Financial statement fraud is measured using the Beneish M-Score Model. The samples in this study are energy sector companies listed on the Indonesia Stock Exchange (IDX) in 2020-2021 with the number of samples used being 50 companies with 100 units of analysis taken based on the purposive sampling method. Data analysis in this study used panel data regression analysis with the EViews 13 analysis tool. The results of this study show that a company's Financial Target has an influence on the potential for financial statement fraud. Meanwhile, financial stability, change of directors, monitoring, ideal condition of the company, change of auditor, CEO photo, government projects, political connections, managerial ownership have no influence on the potential for financial statement fraud.

Analysis of the Effect of Poverty and Economic Growth on the Human Development Index (HDI) in Kalimantan Island

The Human Development Index (HDI) is a tool to assess the effectiveness of a development aimed at improving living standards and can be used as a measure of the status or level of progress of a particular region or country. According to data from the Central Bureau of Statistics (BPS), the poverty rate in Kalimantan Island has decreased between 2013 and 2023, although its economic growth tends to be unstable. However, the HDI in Kalimantan Island continues to experience a significant increase. This research applies quantitative methods with panel data regression analysis. This study was conducted to determine the effect of poverty and economic growth on HDI in Kalimantan Island. The findings of this study show that in Kalimantan Island, HDI is significantly affected by poverty, but not by economic growth. However, when analyzed together, poverty and economic growth have a significant influence on HDI in Kalimantan Island. Following up on the findings of this study, it is important to optimize the Human Development Index to increase the effectiveness of maximum development in Kalimantan Island.

Analysis Towards Stock Price With Earnings Per Share As Moderating Variable

Most countries in the world are haunted by 2023 economic recession. Indonesia economic growth also slowed to 5,40% in 2022. This issue threatens some sectors, especially financial. This study's purpose is to see the bank subsector companies’ financial performance listed on the IDX from 2020 until 2022. Since banks require debt capital to run their operations, The stock price is the dependent variable in this research, yet the independent variables are DER and ROE, and earnings per share is the moderation. The data is processed using STATA and panel data regression analysis through the Random Effect Model. The research result shows that if DER partially increases, the stock price does not increase significantly. Meanwhile, if ROE partially increases, so does the stock price. Share prices will follow an increase in ROE and DER simultaneously, but after being moderated by EPS, an increase in DER will be followed significantly by stock value. However, an increase in ROE moderated by EPS is not necessarily followed by an increase in share price, while an increase in DER and ROE after being moderated by EPS will have effect on share value.