Sub-sector Companies Research Articles

Analysis Of Current Ratio And Debt To Equity On Return On Equity (Case Study of a Pulp and Paper Sub-Sector Company for the 2017-2022 Period)

This research aims to analyze and determine the partial influence of Current Ratio (CR) on Return On Equity (ROE). To analyze and find out whether there is a partial influence of the Debt to Equity Ratio (DER) on Return On Equity (ROE). To analyze and determine the influence of the Current Ratio (CR) and Debt to Equity Ratio (DER) simultaneously on Return On Equity (ROE). The population used in this research is pulp and paper sub-sector companies listed on the Indonesian Stock Exchange (BEI) for the 2017-2022 period. The sample selection for this research was determined using the purposive sampling method, where the researcher selected the sample based on the assessment of sample members' criteria which were adjusted to certain considerations. Based on these criteria, there are 7 companies in the pulp and paper sub-sector that are the research samples. The type of data used is secondary data originating from publications on the official websites of related companies and the Indonesian Stock Exchange (BEI) in the form of annual financial reports. For data collection, documentation techniques were used. The data analysis technique used is panel data regression with the help of SPSS 23. Based on the research results, it is concluded that the Current Ratio (CR) and Debt to Equity Ratio (DER) simultaneously have a significant effect on Return On Equity (ROE). Partially, Current Ratio (CR) has no significant effect on Return On Equity (ROE). Meanwhile, Debt to Equity Ratio (DER) partially has no significant effect on Return On Equity (ROE).

Kebijakan Dividen Terhadap Nilai Perusahaan Listed BEI 2018-2022: Peran Moderasi Struktur Modal, Size, Profitabilitas

This research aims to examine the effect of dividend policy on company value and examine the effect of dividend policy on company value which is moderated by capital structure, company size and profitability. The population of this research is hotels, restaurants and tourism sub-sector companies listed on the IDX with a research period of 2018-2022. The number of samples is 4 companies with total data of 20 observations. The data source uses secondary data, namely in the form of company annual reports which can be accessed via the website www.idx.co.id. The data analysis technique uses SEM PLS analysis, with the help of Smart-PLS version 3. Conclusions from this research (1) Dividend policy has a positive and significant effect on company value in hotel, restaurant and tourism sub-sector companies listed on the BEI for the 2018-2022 period. (2) Capital structure cannot moderate the influence of dividend policy on company value. (3) Company size cannot moderate the influence of dividend policy on company value (4) Profitability cannot moderate the influence of dividend policy on company value.

The Influence Of Financial Performance On Stock Prices In Food And Beverage Sub-Sector Companies On The Indonesian Stock Exchange

This research was created to find out how financial performance influences share prices in food and beverage sub-sector companies listed on the Indonesian Stock Exchange for the 2018-2022 period. The approach taken is a quantitative approach. Meanwhile, the type of data used in this research is quantitative data in the form of annual financial reports from 2018 to 2022. The sample used was 22 manufacturing companies listed on the Indonesia Stock Exchange. Data analysis techniques in this research use descriptive statistics, classical assumption tests, multiple linear regression, t test, F test and coefficient of determination. Data management in this research uses the SPSS version 26 software program. The results of this research prove that partial Return on Assets has a significant effect on stock prices. Meanwhile, Current Ratio, Debt to equity ratio and Total Asset Turnover do not have a significant effect on share prices. Simultaneously shows that the Current Ratio, Debt to equity ratio, Return on Assets and total Asset Turnover together influence stock prices.

PENGARUH GREEN ACCOUNTING DAN FAKTOR LAINNYA TERHADAP NILAI PERUSAHAAN

This research aims to determine the influence of the independent variables, namely green accounting, environmental performance, company size, profitability, capital structure and company growth on the dependent variable, namely company value in consumer non-cyclicals and basic materials sub-sector companies that are consistently listed on the Indonesia Stock Exchange (BEI). during the period 2020 to 2022. This research used a purposive sampling method with results from 38 companies in the consumer non-cyclicals, customer cyclicals and basic materials sub-sectors listed on the Indonesia Stock Exchange (BEI) during the period 2020 to 2022 with a total of 112 company data after outliers. This research uses a multiple regression model as a data analysis method. The results in this study show that the profitability variable has a positive effect on company value, which means that the higher the profitability, the higher the company value will be and the company growth variable has a negative effect on company value, which means that the more company growth increases, the company value will decrease. Meanwhile, green accounting variables, environmental performance, company size and capital structure have no effect on company value.

Determinan Return Saham dengan Analisis Profitabilitas dan Sustainability Report

Stock returns are one of the important factors that investors pay attention to before investing. One sector that investors are interested in is the banking sector because this sector produces a large profit. Before investing, investors usually need information contained in financial reports and non-financial reports to calculate the stock return that investors will get in the future. This study aims to determine The Effect of Profitability and Sustainability Report on Stock Return. The sample selection technique in this study used a purposive sampling method and obtained 11 banking sub-sector companies listed on the Indonesia Stock Exchange for the 2018-2022 period. The data analysis method used in this study is multiple linear regression analysis using the SPSS program version 22. Based on the results of this study, it can be concluded that profitability and sustainability report on environmental performance have a positive and significant effect on stock return, while sustainability report on economic performance and sustainability report on social performance have no effect on stock return.

The Influence Of Working Capital On Profitability In Pharmaceutical Sub-Sector Companies On The Stock Exchange Indonesia 2018-2022

This research is a type of quantitative research with the aim of determining the effect of working capital on profitability in pharmaceutical sub-sector companies on the Indonesian stock exchange in 2018-2022. This study uses secondary data, namely annual financial statements on pharmaceutical sub-sector companies in 2018-2022. The data analysis technique used is simple linear regression analysis. The sampling method is purposive sampling with a sample of 8 companies obtained from the Indonesia Stock Exchange. Based on the results of the analysis obtained, it is stated that working capital has a positive and significant effect on profitability, it is proven that t-calculation is greater than t-table, namely 2,060 > 2,028 and significance value (Sig.) 0.047 < 0.05, then H0 is rejected and H1 is accepted.

Firm Value Ditinjau Dari Pengaruh Kebijakan Dividen dan Growth Opportunity Serta Peran Moderasi Struktur Modal

Company value plays an important role, especially in the eyes of investors, because company value reflects company performance which can influence investors' behavior and investment desires in a company. This research was conducted with the aim of finding out how debt policy and growth opportunity influence company value which is moderated by capital structure. This research uses a quantitative approach using secondary data in the form of company financial reports. The population in this research is coal sub-sector companies listed on the IDX in 2019-2023. The sampling technique used was purposive sampling to obtain 39 research samples. The analysis in this research uses the analytical technique of Descriptive Statistical Test, Classical Assumption Test and Moderated Regression Analysis (MRA) which is processed using SPSS software. The research results show that partially dividend policy, growth opportunity and capital structure have an influence on company value, while capital structure is able to moderate the relationship between growth opportunity and company value and capital structure is able to moderate the relationship between debt policy and company value.

Pengaruh Likuiditas, Solvabilitas, Aktivitas, dan Profitabilitas Terhadap Nilai Perusahaan Pada Perusahaan Sub Sektor Otomotif Yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2019 - 2022

This study aims to determine the Effect of Liquidity, Solvency, Activity, and Profitability on Company Value in Automotive Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2019-2022 Period. This type of research is quantitative research and has a total population of 15 companies. For sample collection, this study uses a purposive sampling technique to obtain a sample size of 10 companies. The data was analyzed using panel data regression through the Eviews 10 program. Based on the results of the partial test, Liquidity (Current Ratio), Solvency (Debt to Equity Ratio), and Activity (Total Assets Turn Over) have a negative and insignificant effect on Company Value (Price to Book Value), while Profitability (Return on Assets) has a positive and significant effect on Company Value (Price to Book Value). Simultaneously, Liquidity (Current Ratio), Solvency (Debt to Equity Ratio), Activity (Total Asset Turnover), and Profitability (Return on Assets) have a significant effect on Company Value.

Factors Affecting Stock Prices Using Moderation Variables in Coal Subsector Companies Listed on The Indonesian Stock Exchange 2015 - 2022

Factors Affecting Stock Prices Using Moderation Variables in Coal Subsector Companies Listed on The Indonesian Stock Exchange 2015 - 2022

PROPERTY DIVIDEND POLICY TO INCREASE SHARE PRICE AND THE NUMBER OF INVESTORS

With debt policy as a moderating factor, this study attempts to examine the effect of dividend policy and return on equity on stock prices in property and real estate sub-sector companies listed on the Indonesia Stock Exchange. Ten companies became the sample size for this study, which used purposive sampling technique. The data analysis technique in this study is multiple regression analysis technique using MRA with the help of SPSS 25.0 program. The results of the study explain that dividend policy affects stock prices while return on equity has no effect on stock prices. Debt policy is unable to moderate the effect of dividend policy and return on equity on stock prices in property and real estate sub-sector companies for the period 2020-2022.

Analisis Fundamental Makro, Growth Opportunity Terhadap Nilai Perusahaan Dengan Struktur Kepemilikan, Kinerja Keuangan, Struktur Modal Sebagai Variabel Intervening Pada Perusahaan Manufaktur Sub Sektor Otomotif di Bursa Efek Indonesia (BEI)

This research aims to determine the effectmacro fundamentals, growth opportunity on company value with ownership structure, financial performance, capital structure as intervening variables in automotive sub-sector manufacturing companies on the INDONESIAN STOCK EXCHANGE (BEI). The population in this research are automotive sub-sector companies listed on the INDONESIAN STOCK EXCHANGE (BEI) in 2019-2023. The sampling technique uses Purposive Sampling technique. The analysis tool in this research uses SmartPLS 4. The research results prove thatMacro Fundamentals have no significant effect on Company Value, Growth Opportunity has a significant effect on Company Value, Ownership Structure has a significant effect on Company Value, Financial Performance has no significant effect on Company Value, Capital Structure has a significant effect on Company Value.

Analisis Fundamental Makro, Struktur Modal Terhadap Nilai Perusahaan dengan Struktur Kepemilikan, Kinerja Keuangan dan Karakteristik Perusahaan sebagai Variabel Intervening pada Perusahaan Sub Sektor Kimia yang Terdaftar di BEI

This research aims to analyze the influence of macro fundamental analysis and capital structure on company value with ownership structure, financial performance and company characteristics as intervening variables in chemical sub-sector companies listed on the IDX. Macro fundamental analysis, capital structure, ownership structure, financial performance and company characteristics can influence company value. Signal Theory, Capital Structure Theory, and Agency Theory are the basis for this research. Company value, capital structure, macro fundamentals, ownership structure, financial performance, and company characteristics are important factors in determining company value. The results of the analysis show that several variables such as Macro Fundamentals, Company Characteristics, Financial Performance and Capital Structure have a significant influence on Company Value. However, there are also variables that are not significant such as Ownership Structure. Company value is an indicator of how the market assesses the company's current performance and future prospects, with Price to Book Value (PBV) used as one measure to describe the company's value. This research uses a quantitative approach with secondary data from chemical companies listed on the IDX. The implications of ownership for company value, capital structure and leverage on the financial performance of mining companies have also been discussed in related literature. These variables have a significant influence on company value, showing the importance of these factors in determining company value.

Contribution of Financial Performance to Profit Growth In the Primary Goods Retail Trade Subsector Companies

Contribution of Financial Performance to Profit Growth In the Primary Goods Retail Trade Subsector Companies

Analisa Fundamental Makro dan Struktur Kepemilikan, berpengaruh pada Nilai Perusahaan dengan Struktur Modal dan Kinerja Keuangan sebagai Variabel Intervening pada Perusahaan Subsektor Otomotif yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022

This study aims to investigate the effect of macro fundamental analysis and ownership structure on firm value in the context of automotive subsector companies listed on the Indonesia Stock Exchange in 2018-2022. This study also identifies capital structure and financial performance as intervening variables that mediate the correlation between the independent variables (macro fundamental analysis and ownership structure) and the dependent variable (firm value). This study utilizes a quantitative approach with secondary data obtained from company financial statements and Indonesian macroeconomic data. The analysis method uses Smart PLS (Partial Least Squares). The results of this study indicate that macro fundamental analysis and ownership structure have a significant influence on firm value through capital structure and financial performance. The implication of this study is the importance of effective management of these factors to increase firm value in the long run.

The Analysis of Financial Performance of Tourism Sector Company Listed on the Indonesian Stock Exchange Before and During the COVID-19 Pandemic

This study aims to analyze the financial performance of the hotel, restaurant, and tourism sub-sectors listed on the Indonesia Stock Exchange (IDX) before and during the COVID-19 pandemic. Financial performance is measured by using the ratio of liquidity (CR), solvency, activity (DER), activity ratio (TATO), and profitability (ROA). The data used are secondary data obtained from the official website of IDX in 2018-2021. The population of this study is 38 companies and the number of research samples is 26 companies, which were obtained through purposive sampling in 2018-2021. The analytical method used is descriptive statistical test, data normality test, and Wilcoxon signed rank test. The results of this study show that CR and DER both increased during the pandemic compared to before, while TATO and ROA decreased. The decline in TATO is attributed to inefficient asset allocation, and the lower ROA is due to ongoing operating costs during the pandemic. In summary, there are differences in CR, DER, TATO, and ROA of hotel, restaurant, and tourism subsector companies that are listed on the IDX between before and during the COVID-19 pandemic

Determinants Of Tax Aggressiveness

This study aims to examine the factors that influence tax aggressiveness in food and beverage sub-sector companies listed on the Indonesia Stock Exchange (IDX). The variables used in this study are profitability (ROA), leverage, company size (size). The population in this study are food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2020-2022. The sample in this study was selected using purposive sampling, and 63 data were taken. The data was analyzed using SmartPLS. The results of this study indicate that profitability and leverage have a positive and significant effect on tax aggressiveness while company size has no effect on tax aggressiveness.

Comparison of financial distress between manufacturing companies in the ceramic, porcelain, and glass sector with agriculture sector

Rapid technological development, high economic growth rates and the development of complex demands have resulted in the emergence of various industries that only answer the needs of society. The purpose of the study is to determine the influence of independent variables, namely Liquidity, Activity and Leverage, on Dependent variables, namely Financial Distress of Agricultural Sector Companies and Ceramics, Glass and Porcelain Subsector Companies in 2017-2020 and compare the level of Financial Distress between Agricultural Sector Companies and Ceramics, Glass and Porcelain Subsector Companies using the Altman Z-Score method. The population to be studied in this study is all Agricultural Sector Companies and Ceramics, Glass and Porcelain Subsector Companies listed on the Indonesia Stock Exchange in 2017-2020. The sampling technique was selected using the purposive sampling method, obtaining observation data of 100 data. The analysis technique used in this study is multiple linear regression. Coefiseien determination, F test and t-test as measuring instruments were used. The study results showed that Liquidity does not affect Financial Distress, Activity, and Leverage affect Financial Distress, and the level of Financial Distress of Ceramics, Glass and Porcelain Subsector Companies is better than Agricultural Sector Companies.Profitability is important to measure a company's ability to generate profits. In this study, the level of profitability of each company during 2017-2020 varies; some companies experienced an increase in profit and a decrease in profit, this will certainly affect the results of research on the independent variable profitability.

The Effect Of Free Cash Flow And Good Corporate Governance On Firm Value

The purpose of the study was to determine the condition of Free Cash Flow, Audit Committee, Managerial Ownership, and Institutional Ownership simultaneously on Company Value in food and beverage sub-sector companies listed on the Indonesia Stock Exchange in 2022. The research method uses qualitative research. Collection techniques with documentation methods obtained from internet information. Data analysis using multicollinearity, Multiple Linear Regression, Heteroscedasticity, Autocorrelation Test. Based on the results of data analysis, it can be concluded that the highest Free Cash Flow value is owned by MLBI, and the lowest is owned by CLEO. The highest Audit Committee value is owned by BUDI, CAMP, CEKA, CLEO, DLTA, ICBP, INDF, MLBI, MYOR, ROTI, and STTP, and the lowest is owned by ULTJ. The value of Managerial Ownership is owned by CEKA, and the lowest is owned by TBLA. The highest Institutional Ownership value is owned by BUDI, CAMP, CEKA, CLEO, DLTA, ICBP, INDF, MLBI, MYOR, ROTI, and STTP, and the lowest is owned by ULTJ. The highest PBV value is owned by GOOD, and the lowest is owned by PT SKBM. Free Cash Flow, Audit Committee, Managerial Ownership, and Institutional Ownership simultaneously affect Firm Value. Keywords: Free Cash Flow, Good Corporate Governance, Audit Committee, Managerial Ownership, Institutional Ownership, firm value.

Factors that Can Support and Influence the Financial Performance and Value of Go-Public Companies in Indonesia

Introduction: The company's brand equity is one of the important factors to increase the company's cash flow in the future. This study aims to analyze the effect of brand equity on cash flow, the effect of brand equity on capital structure, the effect of cash flow on firm value, and capital structure on firm value. Literature Review: Research by Mendoza, (2017), Skalický, (2016), Sivric et al (2019), Guentherb and Guentherb (2019) state brand equity has a direct relationship with capital structure. Singh and Bansal (2016) examined the impact of financial leverage on firm profitability and firm value. Method: The data analysis method used in this study uses the PLS model and data processing using the WarpPLS (Partial Least Square) program. The study used a sample of consumption subsector companies listed on the Indonesia Stock Exchange in 2015-2019 and met the requirements for calculating the brand value of the Hirose method (2002). Results and Discussion: brand equity has a significant effect on cash flow; brand equity has a significant effect on capital structure, cash flow has an insignificant effect on firm value, capital structure has a significant effect on value. Conclusion: The findings of increasing brand equity have an influence on the company's cash flow which is characterized by an increase in NCFOSA and a decrease in the company's FLD. Increasing brand equity has an impact on capital structure. Changes in cash flow have no effect on firm value. Increased debt in the capital structure has an impact on firm value.

The Influence of Capital Structure, Company Growth and Company Value on Share Prices in Coal Sub-Sector Companies Listed on the Indonesian Stock Exchange 2018-2023

This study aims to empirically investigate the impact of Capital Structure, Company Growth, and Company Value on stock prices. Employing a quantitative descriptive research method with a verificative approach, the study utilizes panel data regression analysis to examine these relationships. The research focuses on Coal Sub-Sector Companies listed on the Indonesia Stock Exchange from 2018 to 2023, encompassing a sample of 12 companies. The findings reveal that Capital Structure negatively influences stock prices, indicating that higher debt levels may detract from stock value. Conversely, Company Growth is found to have no significant effect on stock prices, suggesting that growth metrics do not necessarily translate to market valuation in this sector. In contrast, Company Value exerts a positive impact on stock prices, demonstrating that higher valuation metrics are associated with increased stock prices. These results provide valuable insights for investors and stakeholders in the coal sub-sector, highlighting the critical factors that drive stock price movements and offering a basis for more informed investment decisions.