How Performant Are the Premium Companies Listed on BSE? A Financial Performance Analysis from a Value Creation Perspective

Author(s):  
Diana Elena Vasiu ◽  
Livia Ilie
Author(s):  
Agus Tri Sulistyo

The mining sector which is the leading sector has been able to sustain economic growth in East Kalimantan. However, since the weakening of coal prices resulted in the decreasing ability of local government financing in order to carry out its functions as a development organizer, government organizer and serve the community. This study aims to analyze whether the weakening of coal prices have an effect on economic growth and the level of regional financial independence by measuring the performance of local financial management using regional financial independence ratio, the ratio of financial ability and the ratio of effectiveness of PAD and formulate strategies to find solutions and improve financial performance. The results of the financial performance analysis of East Kalimantan Province showed good results when viewed from Level of independence, ability level, and level of effectiveness. Further analysis results shows that coal price with a value of 11,46 and APBD with a value of 2,70  has positive and significant effect to economic growth East Kalimantan Province. While the number of residents have no effect on economic growth. For other regression resulted that PAD, DAPER, PMA have a positive and significant effect to financial performance. While PMDN have no effect. Based on AHP results obtained priority strategy should done to innovate service. Abstrak   Sektor pertambangan yang merupakan sektor unggulan telah mampu menopang pertumbuhan ekonomi di Kalimantan Timur. Namun, karena melemahnya harga batubara mengakibatkan menurunnya kemampuan pembiayaan pemerintah daerah dalam rangka menjalankan fungsinya sebagai pengelola pembangunan, penyelenggara pemerintahan dan melayani masyarakat. Penelitian ini bertujuan untuk menganalisis apakah melemahnya harga batubara berpengaruh terhadap pertumbuhan ekonomi dan tingkat kemandirian keuangan daerah dengan mengukur kinerja pengelolaan keuangan daerah dengan menggunakan rasio kemandirian keuangan daerah, rasio kemampuan keuangan dan rasio efektivitas PAD dan merumuskan strategi untuk menemukan solusi dan memperbaiki kinerja keuangan. Hasil analisis kinerja keuangan Provinsi Kalimantan Timur menunjukkan hasil yang baik bila dilihat dari tingkat independensi, tingkat kemampuan, dan tingkat efektivitas. Hasil analisis lebih lanjut menunjukkan bahwa harga batubara dengan nilai 11,46 dan APBD dengan nilai 2,70 berpengaruh positif dan signifikan terhadap pertumbuhan ekonomi Provinsi Kalimantan Timur. Sementara jumlah penduduk tidak berpengaruh terhadap pertumbuhan ekonomi. Untuk regresi lain dihasilkan bahwa PAD, DAPER, PMA memiliki pengaruh positif dan signifikan terhadap kinerja keuangan. Sementara PMDN tidak berpengaruh. Berdasarkan hasil AHP diperoleh strategi prioritas yang harus dilakukan adalah melakukan inovasi layanan.


2013 ◽  
Vol 3 (2) ◽  
Author(s):  
N. Jyothi ◽  
Dr. T. Satyanarayana Chary

Financial performance of individual organizations differ very significantly, however, the performance is distinguishable between public sector companies and private sector companies as their nature and size of investment and business environment is different . The ECIL is a very vast growing company which requires additional funds on a regular basis, whether internal or external. Particularly, the company needs both long term and short-term finances in view of its present position and enormous scope for improvement in the services provided. The present paper is a modest attempt to discuss the financial performance analysis of ECIL, Hyderabad in terms operating profits, capital employed ratios and turnover in a comprehensive manner over a period of 10 years.


2017 ◽  
Vol 12 (3) ◽  
pp. 287-302 ◽  
Author(s):  
Rachael Bertram ◽  
Diane M Culver ◽  
Wade Gilbert

Coaches often identify social learning situations as the most valuable and influential to their learning. Thus, researchers have proposed implementing social learning initiatives, in particular, the community of practice approach. The purpose of the present study was to explore how an existing coach community of practice was created and sustained in a university setting, and to assess what value was created by participating in the community of practice. Participants included four National Collegiate Athletic Association Division 1 coaches from a university in the Southwestern United States. Data collection included an individual interview with each coach. Interviews were analysed using a value creation framework. The findings revealed that the coaches created value within all five cycles of Wenger et al.’s framework. In particular, the coaches learned a number of coaching strategies, some of which they were able to implement, and as a result, observe benefits in their coaching and athletes’ performance.


2018 ◽  
Vol 35 (3) ◽  
pp. 122-127 ◽  
Author(s):  
Jestine Philip ◽  
Manjula S Salimath

The rapidly increasing significance of cyberspace and the corresponding use of new cyberspace technologies are seen in private, public, and nonprofit organizations across the globe. However, along with the abundant organizational advantages of operating in cyberspace, it also creates vulnerabilities such as the possibility of cyberattacks which can erode value. In light of these current realities, we propose a value creation agenda for organizations that operate in cyberspace. We suggest that when organizations effectively manage the risks associated with cyberattacks and continue to attain benefits from cyberspace, there is a positive contribution toward organizational value.


Author(s):  
Herlin Herlin ◽  
Rina Trisna Yanti

ABSTRACTThe purpose of this study is to determine the financial performance of PT. Pegadaian (Persero) Tbk in 2018-2019.The results showed that the total score of financial performance of PT. Pegadaian (Persero) is on an unhealthy interval scale, which is at a total criterion score of 50 - 65 (Minister of BUMN Nomo: Kep-100 / MBU / 2002. These results indicate that the financial performance of PT. Pegadaian (Persero) Tbk using the ratio finance, namely the cash ratio in 2018 obtained a value of 130.1 with a score of 10 and in 2019 a score of 129.1 and a score of 8 (very healthy). Calculation of the current ratio in 2018 with a value of 1.17 and a score of 0, while the year 2019 with a score of 0.39 and a score of 0 (unhealthy). Debt to Equity Ratio in 2018 with a score of 162.4 and a score of 10, while in 2019 the score was 183.2 with a score of 10 (very healthy). Debt to Total Asset Ratio in 2018 with a score of 61.8 and a score of 0, while in 2019 the value was 64.6 with a score of 0 (unhealthy) .The Gros Profit Margin ratio in 2018 shows a value of 31.9 with a score of 8.5 and in 2019 the score is 23.9 and a score of 8.5 (Very Healthy) Net Profit Margin ratio for the year 2018 shows a value of 24.2 with a score of 8.5 and in 2019 a score of 17.5 and a score of 8.5 (Very Healthy). The Return On Investement (ROI) ratio in 2018 scored 11.6 with a score of 8.5 and in 2019 with a score of 17.9 and a score of 8.5 (Very Healthy) and the Return On Equity (ROE) ratio, throughout 2018 with a value of 44.4 and a score of 8.5 and in 2019 with a value of 47.9 and a score of 8.5 (very healthy).Keyword : Ferformance Financial, Financial Ratio


2016 ◽  
Vol 11 (6) ◽  
pp. 225 ◽  
Author(s):  
Jonathan Annan ◽  
Nathaniel Boso ◽  
Dominic Essuman

Following the growing concerns on the inconsistent findings in previous research and drawing on the social exchange and networking theories, this study re-examined the impact of supply chain integration (SCI) on business performance (i.e. value creation and financial performance). The study argues that the impact of SCI on financial performance is through value creation and is depended upon longevity of product life cycle. Using primary data from 79 firms in Ghana, the study finds that value creation is a short-run consequence of SCI while financial performance is a long-run outcome of SCI. Additionally, results show that the financial performance outcome of SCI is experienced more from integrative efforts than from the value creation outcome. Results further indicate that firms whose products stay relatively shorter on the market are more likely to experience lower positive impact of SCI on value creation, and thus firms’ ability to become proactive, monitor, and collect market information on product performance throughout its life cycle is key for coming out with strategies that will enable them maximize product’s life span so as to experience greater benefits that come with pursuing integration with other channel members.


2019 ◽  
Vol 37 (2) ◽  
pp. 262-274 ◽  
Author(s):  
Dustin C. Read ◽  
Andrew Carswell

PurposeThe purpose of this paper is to examine the perspectives of real estate executives to assess the extent to which property management is viewed as a commodity or as a value-added professional service contributing positively to investment performance and property value maximization.Design/methodology/approachThe qualitative analysis draws on the result of 93 semi-structured interviews conducted with executives employed by some of the largest real estate investment management and service firms across the USA.FindingsThe findings suggest that significant perceptual cleavages exist in the real estate industry, with some executives believing property managers are incredibly important to the value creation process and others believing they play a much more modest role.Practical implicationsThe results highlight the need for the property management industry as whole to continue its efforts to gain recognition as a value-added professional service and for individual property management companies to actively take steps to differentiate themselves from competitors if they hope to avoid commodification and fee compression.Originality/valueThe study is the first to the authors’ knowledge to examine real estate executives’ perspectives about the roles property managers play in the value creation process, as well as their views about whether property managers have the skills and autonomy required to make value accretive decisions.


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