Efficiency and productivity of the food and beverage listed firms in the pre-recession and recessionary periods in Greece

The purpose of this study is to find out the effect of debt to asset ratio, firm size, and tax avoidance on the cost of debt of the listed firms of the food and beverage industry in Indonesia Stock Exchange period 2015-2018. This study uses pooled OLS regression, using 10 companies over 4 years that have been selected by purposive sampling and resulting 40 samples data. This study uses Eviews 10 student version software. The results of this study show that debt to asset ratio and firms size have positive effect and significantly on cost of debt, however tax avoidance does not significantly influence on cost of debt. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh debt to asset ratio, ukuran perusahaan, dan penghindaran pajak terhadap biaya utang pada perusahaan industri makanan dan minuman yang terdaftar di Bursa Efek Indonesia periode 2015-2018. Penelitian ini menggunakan regresi data panel OLS, menggunakan 10 perusahaan selama 4 tahun yang telah diseleksi menggunakan purposive sampling dan menghasilkan 40 sampel data. Pengujian yang dilakukan pada penelitian ini dengan software Eviews 10 student version. Hasil dari penelitian ini adalah debt to asset ratio dan ukuran perusahaan berpengaruh positif dan signifikan terhadap biaya utang, namun penghindaran pajak tidak berpengaruh secara signifikan terhadap biaya utang.

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Liquidity Efficiency in the Greek Listed Firms

International Journal of Corporate Finance and Accounting ◽

10.4018/ijcfa.2014010103 ◽

2014 ◽

Vol 1 (1) ◽

pp. 40-59 ◽

Cited By ~ 7

Author(s):

Ioannis Dokas ◽

Dimitris Giokas ◽

Anastasios Tsamis

Keyword(s):

Regression Model ◽

Operating Cost ◽

Ordinary Least Squares ◽

Tobit Regression ◽

Return On Equity ◽

Listed Firms ◽

Food And Beverage ◽

Dea Analysis ◽

Stage Analysis ◽

Tobit Regression Model

The scope of this paper is to investigate the liquidity efficiency of the Food and Beverage listed firms in the Athens Exchange, for the period 2006-2009, following a two stage analysis. In the first stage, Data Envelopment Analysis is employed to estimate liquidity efficiency for each firm of the sample. The results are consistent with the equivalent findings of the authors' analysis with financial ratios for the same period. The DEA analysis is validated by ordinary least squares (OLS) and the results prove that the regression equation can be used to evaluate a new liquidity efficiency for the firms of the specific sector. In the second stage of the analysis a Tobit regression model is applied in order to identify determinants of firms' liquidity efficiency. According to the authors' findings, a number of firms operating factors, like financial leverage, operating cost, firm size and Return on Equity to Return on Total Assets, have a significant impact on liquidity efficiency. In addition, the results of the Tobit regression model confirm the assumptions which are related to the links and their signs between liquidity efficiency and the aforementioned variables.

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Firms’ Profitability in the Period of Crisis: Evidence from Greek Food and Beverage Listed Firms in the Athens Stock Exchange

Operational Research in Agriculture and Tourism - Cooperative Management ◽

10.1007/978-3-030-38766-2_4 ◽

2020 ◽

pp. 67-82

Author(s):

Konstantina Panagiotakopoulou ◽

Petros Kalantonis ◽

Panagiotis Kaldis

Keyword(s):

Stock Exchange ◽

Listed Firms ◽

Food And Beverage ◽

Athens Stock Exchange

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Efficiency and Productivity strategy

PsycEXTRA Dataset ◽

10.1037/e443362008-005 ◽

2008 ◽

Keyword(s):

Efficiency And Productivity

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ANALISIS KOMPARATIF MODEL SPRINGATE DAN ZMIJEWSKI DALAM MEMPREDIKSI KEBANGKRUTAN PADA PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BEI PERIODE 2018

Jurnal Keuangan dan Bisnis ◽

10.32524/jkb.v18i1.660 ◽

2020 ◽

Vol 18 (1) ◽

pp. 147

Author(s):

Yuni Rachmawati ◽

Rifani Akbar Sulbahri

Keyword(s):

Purposive Sampling ◽

Food And Beverage

Perusahaan Food and Beverage merupakan sektor yang strategis, terlihat dari peningkatan realisasi investasi terbesar dari lima sektor industri lainnya. Menjamurnya perusahaan makanan serta bangkrutnya beberapa industri makanan menjadi tantangan sekaligus ancaman bagi industri ini. Nyonya Meneer, pabrik jamu yang berjaya di masanya dinyatakan pailit pada Agustus 2017. Hal ini mendukung tujuan penelitian yaitu menganalisis kemungkinan kebangkrutan perusahaan Food and Beverage yang terdaftar di Bursa Efek Indonesia per periode 2018 menggunakan Model Springate dan Model Zmijewski. Melalui purposive sampling diperoleh tiga belas perusahaan Food and Beverage yang terdaftar di BEI periode 2018. Teknik pengumpulan data yang digunakan yaitu dokumentasi dan dianalisis dengan deskriptif kuantitatif dan kualitatif. Menurut hasil perhitungan metode Zmijewski hanya satu perusahaan yang diprediksi mengalami kebangkrutan yaitu PSDN. Sedangkan menurut model Springate terdapat 5 perusahaan yang diprediksi bangkrut yaitu ALTO, INDF, PSDN, ROTI dan SKBM. Sedangkan dari uji akurasi menunjukkan bahwa model Zmijewski memiliki tingkat akurasi lebih tinggi dibandingkan Model Springate yakni 92,3%.

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Pengaruh Intellectual Capital, Earning per share, dan Leverage terhadap Nilai Perusahaan Food and Beverage di Bursa Efek Indonesia

Owner ◽

10.33395/owner.v4i2.233 ◽

2020 ◽

Vol 4 (2) ◽

pp. 257

Author(s):

Meltry Anggita Sihombing ◽

Debora Natalia Hutagalung ◽

Noviana Siska ◽

D. Sakuntala

Keyword(s):

Intellectual Capital ◽

Purposive Sampling ◽

Food And Beverage

Penelitian ini bertujuan untuk menguji dan menganalisis pengaruh Intellectual Capital, Earning Pershare, dan Leverage terhadap Nilai Perusahaan Food and Beverage yang terdaftar di Bursa Efek Indonesia periode 2013-2018. Populasi dalam penelitian ini adalah seluruh perusahaan Food and Beverage yang terdaftar di Bursa Efek Indonesia yang berjumlah 26 perusahaan dengan sampel berjumlah 11 perusahaan dengan periode 2013-2018 selama 6 Tahun serta menggunakan teknik pengambilan sampel yaitu Purposive Sampling. Metode analisis yang digunakan dalam metode penelitian ini adalah metode regresi linier berganda. Jenis penelitian adalah statistik deskriptif dan sifat penelitiannya adalah Explannatory. Hasil penelitian ini menunjukkan secara Simultan (F) Intellectual Capital¸ Earning PerShare, dan Leverage berpengaruh dan signifikan terhadap nilai perusahaan Food and Beverage yang Secara Parsial(T) Intellectual Capital dan Earning PerShare tidak berpengaruh dan signifikan terhadap Nilai Perusahaan. Sementara, Leverage berpengaruh dan signifikan terhadap Nilai Perusahaan Food and Beverage.

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Analysis of Factors Affecting Capital Structure in Food and Beverage Manufacturing Company

International Journal on Advanced Science Education and Religion ◽

10.33648/ijoaser.v1i2.7 ◽

2018 ◽

Vol 1 (2) ◽

pp. 1-14

Author(s):

Nur Hajja Aini ◽

St Habibah

Keyword(s):

Capital Structure ◽

Firm Size ◽

Significant Influence ◽

Fixed Effects ◽

Random Effect Model ◽

Manufacturing Companies ◽

Business Risk ◽

Growth Opportunities ◽

Food And Beverage ◽

The Capital Structure

The purpose of this research to analyze the influence of firm size, liquidity, growth opportunities, tangibility asset, and business risk to the capital structure of listed food and beverage manufacturing companies in Indonesia and Vietnam Stock Exchange from 2010 to 2016. The result shows that the fixed effects model should be appropriate for this study as compared to the random effect model. Capital structure significantly differences between the two countries. Firm size has a positive but insignificant influence on the capital structure in Indonesia, whereas it has a positive and a significant influence on the capital structure in Vietnam. Liquidity has a negative and significant influence on the capital structure both in Indonesia and Vietnam. Growth opportunities have a negative but insignificant influence on the capital structure both in Indonesia and Vietnam. Asset tangibility has a positive but insignificant influence on the capital structure in Indonesia, but it has the negative but insignificant influence on the capital structure in Vietnam. Ultimately, the business risk has a negative and significant influence on the capital structure in Indonesia but has a positive and insignificant influence on the capital structure in Vietnam.

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