Chemical Industry Sectors Research Articles

Profitabilitas dan Corporate Governance pada Tax Avoidance

The Effect of Profitability and Corporate Governance on Tax Avoidance in Manufacturing Companies in the Basic Industry and Chemical Sectors Registered on the Bei for the 2019-2021 Period. This research was conducted to determine the partial effect of Profitability and Corporate Governance on Tax Avoidance in Manufacturing Companies in the Basic Industry and Chemical Sector Registered on the Bei for the 2019-2021 Period. This research was conducted at manufacturing companies in the basic and chemical industry sectors listed on the Indonesia Stock Exchange (IDX) for the 2019-2021 period. The data analysis technique used is a quantitative research method with a descriptive approach. The type of data used is secondary data obtained from the Indonesia Stock Exchange (IDX). The method of determining the sample of this study using purposive sampling. The total population in this study were 75 companies. There are 18 companies that meet the criteria to be sampled in this study. This study was tested by multiple linear regression analysis using the SPSS version 25 program. Based on the partial results of the study, it shows that Profitability and Managerial Ownership have a significant effect on Tax Avoidance. Meanwhile, the audit committee, independent board of commissioners and institutional ownership have no significant effect on tax avoidance

Predictors of Organizational Commitment and its Impact on Organizational Citizenship Behavior in the Chemical Manufacturing Industry

Purpose: The purpose of this research is to determine the effect of predictors of organizational commitment which consist of job satisfaction, perceived organizational support and organizational culture as well as their impact on organizational citizenship behavior in the chemical manufacturing industry sector in Indonesia. Design/Methodology/Approach: The research uses a quantitative approach through survey methods and data analysis methods using SEM PLS. The population in this study were employees at seven chemical manufacturing factories in Cilegon City, which is the largest chemical manufacturing cluster area in Indonesia. The number of samples analyzed was 223 employees who worked in middle management positions. The research results show that of the 43 indicators used to measure each latent variable, there are 3 indicators of organizational culture variables that are invalid. Meanwhile, for reliability, everything is included in the reliable criteria. Findings: The goodness of fitness index test results show that the model has a good GoF index. The magnitude of the influence of job satisfaction, perceived organizational support and organizational culture on organizational commitment is 88.10%, while the influence of job satisfaction, perceived organizational support, organizational culture and organizational commitment on organizational citizenship behavior is 93.6%. Of the seven direct hypotheses tested, it was found that all hypotheses were accepted, while of the three indirect hypotheses, one hypothesis was rejected, namely the mediating influence of organizational commitment in mediating organizational culture on OCB. Research, Practical & Social Implications: In further research, in order to conduct a broader research with other objects. The research is expected to be used for all companies. Originality/Value: This research contributes to improving human resource management in the chemical manufacturing sector so that it can increase OCB through increasing the predictor variables tested in the research, including job satisfaction, organizational support, organizational culture and organizational commitment.

The Effect of Audit Opinion, Reputation of Kap, Auditors and Audit Committee on the Timeliness of Financial Reports

The purpose of this study is to examine the impact of audit opinions, the reputation of KAPs, auditors, and audit committees on the timeliness of financial reporting in manufacturing companies in the basic and chemical industrial sectors listed on the Indonesia Stock Exchange (IDX) for the 2019-2021 period. in this study the sampling technique used purposive sampling. The sample for this research is 135 data from 45 manufacturing companies in the basic and chemical industry sectors that are registered and submitting financial reports on the IDX for the 2019-2021 period. The analysis technique for testing is logistic regression. The finding is reveal that audit opinion, and KAP reputation has a positive and significant effect on the timeliness of financial reporting, while the auditor and audit committee have no significant effect on the timeliness of financial reports.

Critical Success Factors in Occupational Safety and Health Management System: A Review Existing Literature

Occupational Safety and Health Management Systems (OSHMS) play a crucial role in systematically managing risks and preventing injuries and illnesses in organisations. To ensure effective implementation of OSHMS, it is essential to focus on key critical success factors (CSFs) which leads to successful OSH performance. This is a review which aims to identify CSFs related to OSHMS implementation in organisations. Literature searches were conducted via Scopus and ScienceDirect online databases to identify articles published between the year 2008 to 2019. Search terms such as “critical success factor”, “success factors’’, “occupational safety and health management system”, “occupational health”, and “management system” were used as keywords and a traditional review concept was selected. Inclusion criteria involved English articles available in open-access journals or subscribed search engines, focusing on CSFs and/or OSHMS. The main themes of CSFs were summarised into categories fitting the Socio-Technical approach. Five studies were selected and reviewed, representing the aviation, construction and chemical industry sectors. These studies employed various tools involving questionnaires, qualitative techniques and structured interviews to determine CSFs. The identified CSFs primarily revolved around internal factors such as management commitment and leadership, cost and resource allocation and employee participation. These CSFs can serve as key areas to support the effective implementation of OSHMS and organisations can focus to improve their own internal factors to enhance their OSHMS implementation and ensure the safety, health, and well-being of their workers. This review provides valuable insights for organisations seeking a scalable framework for guiding OSHMS implementation basedon the identified CSFs.

Pengaruh Tax Planning, Investment Opportunity Set dan Growth Opportunity Terhadap Nilai Perusahaan

This study aims to examine and obtain empirical evidence of the effect of tax planning, investment opportunities and growth opportunities on firm value. Sampling using purposive sampling obtained a sample of 9 companies with 45 data. The population in this study are manufacturing companies in the basic and chemical industry sectors which are listed on the Indonesia Stock Exchange during the period 2017 – 2021. The regression model in this study is multiple linear regression analysis. The results of the study show that there is a significant positive influence between the investment opportunity set on firm value, meaning that the higher the investment opportunity set of a company, the higher the tendency of the company to increase firm value in manufacturing companies in the basic industrial and chemical sectors. And the results of the study show that there is no effect of tax planning and growth opportunities on firm value, meaning that the company is not motivated by the value of the company that will be generated but rather towards a smaller tax that must be paid without taking into account the stock price besides that there is a change in the total assets owned by the company in During the research period, economic conditions were unstable, so companies were unable to increase firm value in manufacturing companies in the basic and chemical industries.

Pengaruh Profitabilitas, Financial Leverage Dan Dividend Payout Ratio Terhadap Perataan Laba Pada Perusahaan Manufaktur Di BEI Periode 2019-2022

This research aims to determine the partial and simultaneous effects of profitability, financial leverage and dividend payout ratio on earnings smoothing. This type of research is classified as quantitative research. The population are manufacturing companies that focus on the basic and chemical industry sectors listed on the Indonesia Stock Exchange for the 2019-2022 period with a total of 91 companies. The purposive sampling method as a sampling was obtained as many as 72 companies. Using multiple linear regression analysis as analytical techniques assisted with SPSS version 25. The test results from the research show that partially the profitability (as measured by NPM) had no effect on income smoothing, financial leverage (as measured by DPR) had a negative and significant effect on income smoothing and the dividend payout ratio had a significant effect on income smoothing. While simultaneously the variables of profitability, financial leverage and dividend payout ratio have a significant effect on income smoothing.

The analysis of relationship between profitability, liquidity, company size and company values of chemical industry sector manufacturer

The purpose of this study is to ascertain how the value of companies in the chemical industry sector that are listed on the Indonesian stock exchange from 2020 to 2022 is influenced by profitability, solvency, and firm size. This study used Panel Data Regression Analysis, the Classical Assumptions Test, and Multiple Linear Regression Analysis with E-Views 9.0 with a significance level of 5%. The findings of the research indicate that the financial gain (return on equity) does not have an influence on the worth of the company (price-to-book value). However, the ability to meet financial obligations (current ratio) has a negative impact on the worth of the company (price-to-book value). The size of the company does not have any effect on the worth of the company (price-to-book value). Additionally, the financial gain, ability to meet financial obligations, and size of the company all have a simultaneous influence on the worth of the company (price-to-book value). The outcome variable in this research can be clarified by the three independent variables, with an R2 value of 69.14%.

THE DETERMINANTS OF COMPANY’S FINANCIAL DISTRESS

An economic recession like the current one due to the global pandemic is causing financial difficulties for many companies. Nowadays it is important for companies to be aware of and observe their financial condition. Financial distress is a bad condition impression of a company when the company is no longer able to generate sufficient income or profit, so that its financial obligations cannot be paid. Financial distress is an early symptom of corporate bankruptcy. This study aims to obtain empirical evidence about the effect of profitability, size of the board of directors, and institutional ownership on financial distress. The companies used in this study were 63 companies taken from the various industrial sectors and the basic & chemical industrial sector listed on the Indonesia Stock Exchange in 2017-2019. Purposive sampling was used in this study to determine the sample. Multiple regression panel data and the EViews 11 application are used as data analysis tools. Some of the tests carried out were multicollinearity test, Chow test, Hausman test, t test and coefficient of determination test. The results showed that profitability, board of director’s size and institutional ownership have affecting significantly on financial distress.

Pengaruh Risiko Bisnis Dan Struktur Aktiva Terhadap Struktur Modal Pada Perusahaan Manufaktur Sektor Industri Dasar Dan Kimia Yang Terdaftar Di Bursa Efek Indonesia Tahun 2018-2020

This research aims to analyze the effect of Business Risk and Asset Structure on the Capital Structure of Manufacturing Companies in the Basic and Chemical Industry Sector listed on the Indonesia Stock Exchange. The sample in this study were 35 basic and chemical industry sector companies listed on the Indonesia Stock Exchange using the Purposive Sampling method for the 2018-2020 period. Based on multiple linear regression analysis, the variables of Business Risk and Asset Structure have an effect on Capital Structure with the equation Y = 2,968 – 7,865X1 – 2,355X2 + e. From the t-test, it was found that the variable X1 Business Risk had a significant effect on the Capital Structure with t count value is [-7,171] > t table [1,983] and sig 0,000 < 0,05. Then H1 is accepted. Variable X2 Asset Structure had a significant effect on Capital Structure with t count value is [-4,988] > t table [1,983] and sig 0.000 <0.05. Then H2 is accepted. From the F test, it was found that Business Risk and Asset Structure have a simultaneous effect on Capital Structure with f count [32,694] > f table 3,090 and a significance 0,000 < 0,05. Then H3 is accepted. From the coefficient of determination test the value of R square is 0.391. This means that the independent variables of Business Risk and Asset Structure affect the Capital Structure by 39.1% while the remaining 60.9% is influenced by other variables.

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PENERIMAAN OPINI AUDIT GOING CONCERN PADA SEKTOR INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BEI

The development of a company's life is always tied to management's ability to run a business. Going concern audit opinion is an opinion expressed by the auditor to determine whether the business survives or not. The purpose of this report is to see the effect of company size, previous year's audit opinion and opinion shopping partially and simultaneously on going concern audit opinion. The sampling technique in this study was to use purposive sampling method as many as 147 companies from the basic and chemical industry sectors listed on the IDX for the period 2020-2022. The method used is logistic regression analysis with the help of SPSS version 27. The results of the study partially show that company size has no effect on going concern audit opinion acceptance, previous year's audit opinion affects going concern audit opinion acceptance, opinion shopping has no effect on going concern audit opinion acceptance. While simultaneously company size, previous year's audit opinion, opinion shopping affect the acceptance of going concern audit opinion.

The Effect of Green Accounting on Economic Performance

This research is motivated by the advancement of science, especially in the field of technology which is very fast, along with competition in the increasingly tight industrial sector where companies have used sophisticated and modern equipment in carrying out their production activities. Research was conducted to examine the effect of Green Accounting on Economic Performance. The quantitative approach method used uses simple linear regression analysis data processing. Return On Assets (ROA) is used for measurement of research variables. The companies as samples for this study were 7 companies in the mining industry sector and the chemical industry sector listed on the IDX for the 2017-2021 period. The results showed that the Green Accounting variable had no positive effect on Economic Performance, as tested through the T-test.

FAKTOR-FAKTOR YANG MEMPENGARUHI MANAJEMEN LABA PADA PERUSAHAAN MANUFAKTUR DI BEI

This research aims to obtain empirical facts regarding the effect of leverage, firm size, institutional ownership, and audit committee on earnings management in manufacturing companies in the basic and chemical industry sector and the consumer goods industry sector listed on the Indonesia Stock Exchange for the 2017-2019 period. In this research, the multiple regression model is used to test the independent variable against the dependent variable. Samples that have been selected by purposive sampling method, resulted in as many as 52 companies. The data processing in this research utilizes the Eviews 12 application and Microsoft Excel 2010. The results of this research show that the variables of firm size, institutional investor, and audit committee have no significant effect on earnings management, while the leverage variable displays a significant positive effect on earnings management.

Sodium formate market size, share will grow at 5.1% CAGR to reach over $674 M by 2030 in global chemical industry sector

Sodium formate market size, share will grow at 5.1% CAGR to reach over $674 M by 2030 in global chemical industry sector

Firm Size's Moderating Role in Financial Factors and Tax Avoidance

This study examines the influence of sales growth, leverage, and profitability on tax avoidance, while considering the moderating effect of firm size in the context of manufacturing companies in the Chemical and Basic Industry sector listed on the Indonesia Stock Exchange from 2017 to 2020. Using a quantitative research approach and purposive sampling method, data from 9 companies with 36 observations were analyzed through the Smart PLS 3.0 program. The findings indicate that firm size does not moderate the effects of sales growth and leverage on tax avoidance, but it does moderate the effect of profitability on tax avoidance. These results contribute to a better understanding of the complex relationship between financial factors and tax avoidance, emphasizing the significance of firm size as a moderating factor. This research has implications for policymakers, tax authorities, and practitioners seeking to devise strategies to enhance tax compliance and discourage tax avoidance practices within the Chemical and Basic Industry sector.
 Highlights:
 
 Firm size moderates profitability's impact on tax avoidance.
 Sales growth and leverage are not moderated by firm size.
 Study conducted on manufacturing companies in the Chemical industry.
 
 Keywords: Firm size, Financial factors, Tax avoidance, Chemical industry, Indonesia

The Influence of Managerial Ownership and Firm Size on Corporate Environmental Disclosure

Companies in the primary and chemical industry sector are involved in producing chemical substances. These industries process raw materials obtained through mining, agriculture, and other sources into materials, chemical substances, and chemical compounds to become final and intermediate products used in different industries. This study aims to investigate and prove the effect of managerial ownership and firm size on corporate environmental disclosure. The ratio used in this study is the percentage of managerial shares, total company assets, and corporate environmental disclosure reports. This is quantitative research with the type of ex-post facto (cause and effect) research. The population of this study is a manufacturing company in the primary and chemical industry sector listed on the Indonesia Stock Exchange. The sample was selected using a purposive sampling method to obtain ten samples of primary and chemical industry companies from 2017 to 2021. The data analysis method used in this study was Eviews 12 software. The results of the model estimation test show that the selected model, the Random Effect Model (REM), becomes a regression analysis method. This study indicates that partially managerial ownership does not significantly affect environmental disclosure. Moreover, firm size gives positive findings and significantly affects corporate environmental disclosures. The R-Square value of this study is only 3.8% because the results of the F test state that managerial ownership and simultaneous firm size do not significantly affect corporate environmental disclosures.

The Effect of Company Age, Profitability, Company Size, Solvability and Audit Committee on Audit Report Lag in Manufacturing Companies in the Basic Industry and Chemical Sector Listed on the Indonesia Stock Exchange for the 2019-2021

Financial reports in a company should be submitted in a timely manner so as to avoid inaccurate information and timely delivery can also be a benchmark in predicting the quality of the company and the provisions made by investors. Therefore the researcher examines the title regarding the effect of company age, profitability, company size, solvency and audit committee on audit report lag in manufacturing companies in the basic industrial and chemical sectors listed on the IDX for the 2019-2021 period. This study uses quantitative data types in the form of financial statements and audited reports of manufacturing companies in the basic and chemical industrial sectors. The sample used was 33 companies with a total of 99 observations. using purposive sampling method and the analysis technique used is multiple linear analysis. The results of the study are that firm age has a positive and significant effect on audit report lag. Profitability, company size and audit committee have a negative and insignificant effect on audit report lag. Solvability has a negative and significant effect on audit report lag. Firm age, profitability, firm size, solvency, and audit committee have a joint effect on audit report lag. To obtain more accurate results, it is hoped that the next researcher will add the number of variables and samples in his research.

The Effect on Working Capital Management and Financial Performance In Manufacturing Companies of Basic and Chemical Industry Sector In BEI Period of 2016-2019

Tujuan dari penelitian ini adalah untuk mengkaji pengaruh Pengaruh Terhadap Pengelolaan Modal Kerja dan Kinerja Keuangan Pada Perusahaan Manufaktur Sektor Industri Dasar dan Kimia Pada Periode BEI Tahun 2016-2019. Metodologi yang digunakan dalam penelitian ini menggunakan periodik kuantitatif (time series) dan scale ratio. Populasi dalam penelitian ini adalah seluruh perusahaan manufaktur dari sektor industri dasar dan kimia pada periode 2016-2019. Jumlah responden dalam penelitian ini sebanyak 27 perusahaan dalam kurun waktu penelitian 4 tahun, pengamatan penelitian berjumlah 108 orang. Hasil data diolah menggunakan Eviews Versi 9. Temuan dan kontribusi dari penelitian ini diindikasikan bahwa terdapat pengaruh simultan yang signifikan antara CCC, ACP, ITP dan APP terhadap ROA.

Analysis of Corporate Financial Performance Before and After Acquisition

This study aims to determine differences in the company's financial performance before and after making acquisitions of non-financial companies listed on the Indonesia Stock Exchange (IDX) which are proxied by financial ratios Current Ratio (CR), Quick Ratio (QR), Cash Ratio ( Cr), Debt to total Assets (DAR), Debt to Equity Ratio (DER), Earnings per Share (EPS), Price Earnings Ratio (PER), Return on Assets (ROA), and Return on Equity (ROE). The study population included all manufacturing companies, especially the primary and chemical industry sectors listed on the Indonesia Stock Exchange, which performed acquisition activities in 2013 – 2019 , totalling 39 companies. The sample selection technique used a purposive sampling method and 5 companies were obtained. The data analysis method used in this study includes the normality test and the paired sample t-test. The normality test was conducted to see whether the data is usually distributed. If the data is normally distributed, the paired sample t-test is used, but if the data is not normally distributed, then the Wilcoxon's signed ranks test is used. The data analysis method used in this study is the paired sample t-test. The results of this study indicate that all research variables namely, Current Ratio (CR), Quick Ratio (QR), Cash Ratio (Cr), Debt to total Assets (DAR), Debt to Equity Ratio (DER), Earnings per Share (EPS), Price Earnings Ratio (PER), Return on Assets (ROA), and Return on Equity (ROE) did not experience significant changes 3 years after the acquisition

Islamic social reporting mediates the effect of profitability and leverage on firm value

This study examines the effects of profitability, leverage, and Islamic social reporting (ISR) on firm value. This study uses explanatory research with a quantitative approach. The population in this study is all companies from the basic and chemical industry sectors listed on the Indonesian Syariah Stock Index in consecutive years reporting financial statements for 2017–2021. Saturated sampling is selected as the sampling method, and documentation is used to collect data. The data were analyzed using path analysis with the help of IBM-SPPS-21. The results showed that profitability significantly affects firm value, while leverage does not significantly affect firm value. Profitability significantly affects ISR reporting, whereas influence does not affect ISR reporting. ISR reporting can increase the value of a company. ISR reporting can mediate the relationship between profitability and firm value. However, ISR reporting cannot mediate the impact of leverage on firm value. The findings of this study suggest that to maximize returns, it is necessary to pay attention to the company's profitability, the proportion of leverage used, and the company's ISR reporting.

PENGARUH DIVERSIFIKASI TERHADAP KINERJA PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR SEKTOR INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015-2019

This study aims to analyze the effect of diversification on company performance in manufacturing companies listed on the IDX. The population of this study are manufacturing companies in the basic and chemical industry sectors listed on the IDX in 2015-2019. The sample in this study was obtained by means of purposive sampling, with a total sample of 15 companies. Data collection techniques using documentation techniques. The analytical method used is a simple linear regression equation. The test results show that the diversification variable has a tcount of -1.549 < from ttable which is 1.99254 with a significance level of 0.124 > 0.05, it is concluded that diversification has a negative and insignificant effect on company performance in manufacturing companies listed on the IDX in 2015- 2019. Keywords: Diversification, Company Performance