scholarly journals The Effects of Assets and Debts on Profit Among Advertising, Printing and Media Listed Firms in Indonesia

2018 ◽  
Vol 7 (4.9) ◽  
pp. 232
Author(s):  
Wahyu Indah Mursalini ◽  
Witra Maison ◽  
Juita Sukraini ◽  
Nidia Anggraini Das ◽  
Afniyeni .
Keyword(s):  
Economic Growth ◽  
Comparative Analysis ◽  
Statistical Analysis ◽  
Capital Structure ◽  
Stock Exchange ◽  
Listed Firms ◽  
Corporate Profit ◽  
The Business Cycle ◽  
A Company

The purpose of this study is to determine the effect of assets and debts to company profit. Assets and Debts are the deciding variables to make a company profit. Debt is inversely proportional to profit. Therefore, any company's management must be able to manage the assets and debt of the company to increase corporate profit. Need to explain why Sub Sector Company Advertising Printing and Media on Indonesia Stock Exchange is studies here. Based on the results of research, asset and debt have a significant effect to the profit of Sub Sector Company Advertising Printing and Media listed on Indonesia Stock Exchange. This is evidenced by statistical analysis.  The researcher suggests the inclusion of control variables such as economic growth and capital structure so that the results of research can assist investors in assessing the company. Increase the period of research into 10 years, so that the results of research can describe the condition of the company for the long term and can pay attention to the business cycle. In addition, the study could be replicated on other sectors and comparative analysis could be done accordingly.  

scholarly journals Impact of Capital Structure on Profitability:An empirical analysis of listed firms in India

2018 ◽  
Vol 7 (2) ◽  
pp. 1-6
Author(s):  
Atif Ghayas ◽  
Javaid Akhter
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Short Term ◽  
Return On Equity ◽  
Listed Firms ◽  
Relationship Capital ◽  
The Impact ◽  
The Relationship ◽  
Positive Effect

This study aims to empirically examine and analyze the impact of capital structure decision on the firm’s profitability by using a sample of 35 Indian pharmaceutical companies listed on Bombay Stock Exchange (BSE) during the period of 5 years from 2012 to 2016. Regression Analysis is used to measure the extent and nature of the relationship. Capital structure variables used in the study are ratio of long-term debt to total assets (LDA), ratio of short-term debt to total assets (SDA) and ratio of Total debt to total assets (DA) while profitability has been measure by Return on Equity (ROE). Firms Size (SIZE)and Salesgrowth(GROW) are also used as control variables. Results reveal a positive effect of SDA and DA on ROE, while a weak-to-no effect was found of LDA on ROE.

scholarly journals EVALUATION OF FUNDAMENTAL STRENGTH OF FOOD COMPANIES ON THE WARSAW STOCK EXCHANGE

2017 ◽  
Vol 16 (1) ◽  
pp. 93-100
Author(s):  
Waldemar Tarczyński ◽  
Małgorzata Tarczyńska-Łuniewska
Keyword(s):  
Comparative Analysis ◽  
Stock Exchange ◽  
Universal Method ◽  
Food Sector ◽  
Warsaw Stock Exchange ◽  
A Company

The article presents the proposal to apply the (universal) method of assessing the fundamental strength of a company with an example of the Polish food sector. The proposed method belongs to the group of methods of multidimensional comparative analysis and is applicable to the directly immeasurable categories (economic and financial standing, fundamental strength). The problem to be solved is the method of measuring the fundamental strength (attractiveness) of a company. The aim of the paper is to assess the fundamental strength of the food companies in Poland and to identify areas of use the results of research in practical analyses. The article describes how to construct such a measure and how to use it practically. The empirical example included data of food firms listed on the Warsaw Stock Exchange over years 2010–2014. The article presents method for assessing the investment attractiveness of enterprises comprising the food sector in terms of their fundamental strength, namely the long-term investment in their shares.

scholarly journals PENGARUH PROFITABILITAS, LIKUIDITAS, STRUKTUR ASET DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL

2020 ◽  
Vol 2 (1) ◽  
pp. 1-17
Author(s):  
Titi Aslah
Keyword(s):  
Capital Structure ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Statistical Data Analysis ◽  
Mining Companies ◽  
Internal Funds ◽  
A Company ◽  
Positive Effect

ABSTRACT This study aims to examine the effect of profitability, liquidity, asset structure, and company size on the capital structure of mining companies in the Indonesia Stock Exchange, in order to facilitate investors in investing. The research method used is a quantitative method using secondary data.  The population in this study are coal mining companies listed on the Indonesia Stock Exchange from 2013-2017.  The sample used was 18 companies using purposive sampling method, descriptive statistical data analysis techniques using Eviews Software. The results of this study indicate that profitability has no significant effect on capital structure, which is caused by the inability of the company to produce the maximum length of funds provided by shareholders, which means the company's financial performance is not good.  Liquidity has a negative and significant effect on capital structure, where companies have abundant sources of funds, so companies are more likely to use internal funds to finance their investments. Asset structure has no positive effect but is not significant on capital structure, which means the higher the asset structure of a company the lower the company's ability to be able to guarantee long-term debt.  The size of the company has a negative and significant effect on capital structure, which means that the larger the company, the greater the funds that will be issued both from their own capital and debt to maintain or develop the company.

scholarly journals Capital Structure and Firm’s Profitability: Evidence From Listed Consumer Goods Sector in Nigeria

2020 ◽  
Vol 9 (2) ◽  
pp. 50
Author(s):  
Udobi-Owoloja, P. I. ◽  
Gbajumo-Sheriff, M.A. ◽  
Umoru, B. ◽  
Babatunde, S.A ◽  
Ilimezekhe, D
Keyword(s):  
Capital Structure ◽  
Consumer Goods ◽  
Stock Exchange ◽  
Total Asset ◽  
Short Term ◽  
Interest Payment ◽  
Financial Reports ◽  
Listed Firms ◽  
The Impact

This study investigated the impact of capital structure on profitability of consumer goods firms in Nigerian for a period of eight years (2011-2018). Data of ten (10) randomly selected listed firms of the Nigeria Stock Exchange were derived from the firms’ published financial reports for the period covered. The panel regression results revealed that Debt to Asset Ratio(DAR) is positively significant on Return On Asset(ROA) (Proxy for profitability),while other proxies of capital structure shows that Debt to Equity(DER), Liquidity Ratio(LIQ), are not statistically significant, Short Term Debt to Total Asset Ratio (SDTA) shows a negative connection, Firm Size (FS) has a weak correlation with profit and Long Term Debt to Total Asset Ratio (LDTA) do not influence firms’ profitability of the consumer goods sector of Nigeria economy. In conclusion, capital structure influences the profitability of consumer goods sector of Nigerian Stock Exchange. It was recommended that firms in that sector should leverage on debt financing to boost their earnings as interest payment on debt is tax deductible.

scholarly journals ANALISIS PERBANDINGAN MODEL ZMIJEWSKI DAN GROVER PADA PERUSAHAAN SEMEN DI BEI 2008-2014

2017 ◽  
Vol 4 (3) ◽  
Author(s):  
Ivan Gumilar Sambas Putra ◽  
Rahma Septiani
Keyword(s):  
Comparative Analysis ◽  
Financial Distress ◽  
Stock Exchange ◽  
Model Analysis ◽  
Research Model ◽  
Analysis Model ◽  
Purposive Sampling ◽  
Descriptive Research ◽  
A Company

Each company was founded with the hope of making a profit so that they can survive or thrive in the long term and does not undergo liquidation. In fact, this assumption is not always the case with the well according to expectations. Often a company that has been operating in a certain period of time was forced to disband or liquidated due to financial distress that led to the bankruptcy. then researchers interested in studying with the title Comparative Analysis Model Zmijewski And Grover On Cement Company on the Stock Exchange from 2008 to 2014. The purpose of this study is to determine Zmijewski Model analysis Dan Grover and examine the differences in the method. The method used in this research is a comparative descriptive research model by using purposive sampling, then from 6 companies captured three companies sampled in this study. This study was processed with SPSS so can result in that there are significant differences between the models Zmijewski with Grover models in predicting bankruptcy in a cement company from 2008 to 2014.

scholarly journals Pengaruh Pertumbuhan Perusahaan, Profitabilitas, Likuiditas, Struktur Modal Dan Struktur Kepemilikan Terhadap Nilai Perusahaan

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Sandra Laurencia Mandjar, Yustina Triyani
Keyword(s):  
Capital Structure ◽  
Firm Value ◽  
Firm Growth ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sufficient Evidence ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
A Company

In general, the long-term goals of a company is to maximize the value of the company. A good firm value makes the company well-regarded by potential investors, that will make the value of shareholders increase and the value of the company will increases which is marked by high return of investment to shareholder. The purpose of this research is to gain empirical evidence about the effects of firm growth, profitability, liquidity, capital structure, managerial ownership, and institusional ownership on firm value in manufacturing companies listed on the Indonesian Stock Exchange in the period of 2014-2016. The object in this research uses the financial statements of manufacturing firms listed in the Indonesian Stock Exchange in the period of 2014-2016. Sampling method used in this research is purposive sampling method with 7 criterias, with 141 firms as sample. The analysis used are descriptive statistical analysis, the similiarity coefficient test, the classical assumption test and multiple regresion test. The conclusion of this research show that firm growth, liquidity, capital structure, managerial ownership, and institusional ownership did not prove to significantly influence the firm value, while profitability have sufficient evidence of positive effect on firm value.Keywords: Firm value, Growth, profitability, liquidity

scholarly journals The Influence of Financial Performance, Capital Structure and Macroeconomic Factors on Firm’s Value – Evidence from Textile Companies at Indonesia Stock Exchange

2016 ◽  
Vol 2 (2) ◽  
pp. 18 ◽  
Author(s):  
Jubaedah Jubaedah ◽  
Ivan Yulivan ◽  
Abdul Razak Abdul Hadi
Keyword(s):  
Capital Structure ◽  
Financial Performance ◽  
Textile Industry ◽  
Inflation Rate ◽  
Stock Exchange ◽  
Macroeconomic Factors ◽  
Panel Data Regression ◽  
Data Regression ◽  
A Company

This study aims to investigate how financial performance, capital structure and macroeconomic factors may influence a firm’s value in Indonesia textile industry.  This research is exploratory in nature involving 20 textile companies listed in Indonesia Stock Exchange (IDX). Using panel data regression, the results show that financial performance, capital structure, inflation and exchange rate are contributory factors that influence firm’s value.  The better the financial performance of a company, the higher its value will be. The study also reveals that ratio of short term debt to total assets has no significant impact on firm’s value, while there is a positive significant relationship between the ratio of long term debt to total assets and firm’s value. Interestingly, depreciation in Indonesia Rupiah and increase in inflation rate would also enhance the firm’s value. As far as Indonesian textile industry is concerned, the findings suggest that capital structure, increased financial performance, higher inflation rate and depreciating Rupiah do influence the textile company’s value.

scholarly journals PENGUJIAN TEORI PECKING ORDER ATAS STRUKTUR MODAL (STUDI PADA ENTITAS TERBUKA DI INDONESIA)

2018 ◽  
Vol 13 (01) ◽  
Author(s):  
Winston Pontoh
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Order Theory ◽  
Business Risk ◽  
Pecking Order ◽  
Pecking Order Theory ◽  
Public Firms ◽  
Listed Firms ◽  
Fixed Assets

Insufficient working capital for investment activities is a condition which make shareholders and other firm insiders commonly consider to determine additional source of funds. The decision of shareholders and other firm insiders in determining the source of funds for investment activities shall determine the form of firm capital structure. This study uses 236 listed firms in Indonesia Stock Exchange as the sample and take their financial information in period of 2010 to 2015 as data. In term of hypothesis testing, this study conducts path analysis at significance rate of 5%. Result of analysis shows that capital structures for public firms in Indonesia are tend to apply the model of pecking order theory. Empirically, public firms in Indonesia tend to decrease their usage for long term debt in circumstance if they are facing certain business risk. The study also shows that, profitability is not the main factor in determining firm capital structure in Indonesia.Keywords : pecking order, capital structure, business risk, profitability, fixed assets

scholarly journals Analisis Pengaruh Struktur Modal Terhadap Profitabilitas Perusahaan Sektor Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2016

2019 ◽  
Vol 3 (4) ◽  
Author(s):  
Christopher Christopher
Keyword(s):  
Capital Structure ◽  
Service Industry ◽  
Stock Exchange ◽  
Negative Relationship ◽  
Return On Equity ◽  
Listed Firms ◽  
Lending Institutions ◽  
The Relationship ◽  
Financing Option

The relationship between capital structure and profitability cannot be ignored because the improvement in the profitability is necessary for the long-term survivability of the firm. This paper seeks to investigate the relationship between capital structure and profitability of listed firms on the Indonesia Stock Exchange during a three-year period. A sample of 35 Indonesia firms listed on Indonesia Stock Exchange for a period of 3 years from 2014-2016 was selected. The correlations and regression analysis were used to estimate the functions relating to profitability (measured by return on equity) with measures of capital structure. Empirical results show a positive relationship between i) short-term debt to total assets and profitability and ii) total debt to total assets and profitability in the service industry, and negative relationship between long-term debt to total assets and profitability. This paper offers useful insights for the owners/operators, managers, and lending institutions based on empirical evidence, and suggests that profitable firms depend more on debt as their main financing option.

scholarly journals Struktur Modal dan Kinerja Perusahaan (Studi pada perusahaan yang terdaftar di Bursa Efek Indonesia periode 2011 s/d 2012)

2014 ◽  
Vol 5 (1) ◽  
Author(s):  
Novi S Budiarso
Keyword(s):  
Firm Performance ◽  
Capital Structure ◽  
Firm Value ◽  
Stock Exchange ◽  
Optimal Level ◽  
Stock Exchanges ◽  
Listed Firms ◽  
Total Debt ◽  
The Impact

Abstract This paper examine the impact of capital structure on firm performance, in Indonesian Stock Exchange. Firm performance are analyzed from the side of accounting indicators, in this research use liquidity. Because the optimal level of debt of the firm is limited by the liquidity of the assets and it depends on the average usage of the debt in the particular industry. In the other side liquidity  is  conventionally  seen  as  reflecting  investors’  degree  of  risk -aversion, The study collects  of listed firms in Indonesian Stock Exchanges during 2011 to 2012. The listed firms on sub sector trade, services and investment. Multiple Regression analysis approach was employed in carrying out this analysis. Specifically, determined the simultaneous relationships among the various variables. The results show that as partial total debt to asset significantly influences to company’s performance but long term debt to asset not significantly influences to company’s performance. Simultaneously, total debt to asset and  long term debt to asset influences company’s performance. This evidence is consistent with models of optimal capital structure and with the hypothesis that debt level changes release information about changes in firm value/performance.

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