scholarly journals The exchange rates – indicators for assessing the financial performance of the companies from Romania

2016 ◽  
Vol 26 (1) ◽  
pp. 1-10
Author(s):  
Nicolae Baltes ◽  
Alexandra-Gabriela-Maria Dragoe
Keyword(s):  
Exchange Rates ◽  
Financial Performance ◽  
Economic Crisis ◽  
Stock Exchange ◽  
Manufacturing Sector

Abstract The research aims to determine the financial performance of the companies listed and traded on the Bucharest Stock Exchange from the manufacturing sector in Romania, compared with the performance recorded by the Bucharest Stock Exchange, based on the exchange rates. It was concluded that the financial performance of the companies included in the research, quantified on the basis of the exchange rates, decreased significantly with the arrival of the financial and economic crisis, currently, the companies being unable to reach the level of performance recorded before the crisis.

PENGARUH STRATEGI DIVERSIFIKASI TERHADAP KINERJA KEUANGAN PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING (Pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2015-2019)

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Tri Nurhayati ◽  
Risal Rinofah
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Sample Selection ◽  
Secondary Data ◽  
Selection Method ◽  
Diversification Strategy ◽  
Analysis Technique ◽  
Diversification Strategies ◽  
Positive Effect

The purpose of this study was to determine the effect of diversification strategies on company financial performance with profitability as an intervening variable. This research was conducted at manufacturing sector companies listed on the Indonesia Stock Exchange 2015-2019. The type of data used is secondary data, while the sample selection method uses purposive sampling, obtained 40 sample companies. The analysis technique used is path analysis using the SPSS application program. The results of this study indicate that the diversification strategy has a positive effect on the company's financial performance, and profitability mediates the effect of the diversification strategy on the company's financial performance. Keywords : Diversification Strategy; Profitability; Corporate’s Financial Performance

scholarly journals PENGARUH SUKU BUNGA, NILAI TUKAR, PERTUMBUHAN EKONOMI, KINERJA KEUANGAN, KEPUTUSAN PENDANAAN, DAN KEPUTUSAN INVESTASI TERHADAP NILAI PERUSAHAAN

2021 ◽  
Vol 9 (1) ◽  
Author(s):  
Dwi Nova Wijaya
Keyword(s):  
Economic Growth ◽  
Exchange Rates ◽  
Financial Performance ◽  
Interest Rates ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Investment Decisions ◽  
Multiple Linear Regression Analysis ◽  
Firm Financial Performance ◽  
Industrial Sectors

Value of the firm illustrates how well or not management manages its wealth. The firm's high value can increase prosperity for shareholders, so it can influence investor perception of the company. Every company is required to be able to process the important functions that exist in the company effectively and efficiently so that the company can be superior. Value of the firm can be influenced by macro-economic conditions in a country and micro-economics in industrial sectors. This study aims to test macro-economic factors, namely, the influence of interest rates, exchange rates, economic growth and micro-economics, namely financial performance, funding decisions and investment decisions on the value of the firm. The population of this research is 100 companies at Kompas 100 listed on the Indonesia Stock Exchange in 2015 – 2019. Samples of this study as many as 51 companies were selected based on purposive sampling techniques. The data analysis method used is multiple linear regression analysis. The results showed that there is a negative and insignificant influence of interest rates, economic growth on the value of the firm. Exchange rates and investment decisions have a positive and insignificant effect on the value of the firm. Financial performance has a positive and significant effect on the value of the firm. Financial decisions have a negative and significant effect on the value of the company.

scholarly journals Kinerja Keuangan: Intellectual Capital Performance dan Investment Opportunity Set

2020 ◽  
Vol 5 (1) ◽  
pp. 61
Author(s):  
Muhamad Muslih ◽  
Wima Rizky Aqmalia
Keyword(s):  
Financial Performance ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Linear Regression Analysis ◽  
Value Added ◽  
Multiple Linear Regression Analysis ◽  
Investment Opportunity ◽  
Investment Opportunity Set ◽  
Extended Value

This study aims to examine the factors that affect financial performance, i.e. Intellectual Capital Performance measured using the Extended Value Added Intellectual Capital Plus and Investment Opportunity Set methods measured using investment-based joint proxy. The population used for the object of research is manufacturing sector companies listed on the Indonesia Stock Exchange in the 2014-2018 period. Based on the purposive sampling method, a sample of 15 companies was obtained with a study period of 5 years so that the research data amounted to 75 data. By using multiple linear regression analysis techniques, this study proves that the Intellectual Capital Performance and Investment Opportunity Set influences the positive and significant direction of Financial Performance. The results of the study indicate an increase in Intellectual Capital Performance and Investment Opportunity Set will improve the company's financial performance in the aspect of profitability.

scholarly journals Pengaruh Intellectual Capital Dan Leverage Terhadap Financial Performance Dengan Moderasi Firm Size

2021 ◽  
Vol 26 (3) ◽  
pp. 379
Author(s):  
Viriany, Henny Wirianata
Keyword(s):  
Financial Performance ◽  
Empirical Evidence ◽  
Firm Size ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Sampling Technique ◽  
Research Data ◽  
Purposive Sampling ◽  
Insignificant Effect

The purpose of this study is to obtain empirical evidence in regard to the effect of intellectual capital, leverage, and liquidity on financial performance, with firm size as a moderating variable on companies in manufacturing sector, listed in Indonesia Stock Exchange for the 2017-2019 period. The research data was tested by utilizing Eviews version 11. The research samples that used are 64 companies in manufacturing sector with a total of 192 data sorted by utilizing purposive sampling technique. The research results indicate that intellectual capital possess a positive and significant effect on financial performance, while leverage possess insignificant effect on financial performance. Furthermore, the results also indicate that firm size moderate the effect of intellectual capital and leverage on financial performance.

scholarly journals ANALISIS PENGARUH STOCK SPLIT DAN KINERJA KEUANGAN TERHADAP HARGA SAHAM STUDI PADA EMITEN SEKTOR MANUFAKTUR

2019 ◽  
Vol 8 (2) ◽  
Author(s):  
S Sukimin
Keyword(s):  
Financial Performance ◽  
Stock Prices ◽  
Return On Investment ◽  
Stock Price ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Signaling Theory ◽  
Return On Equity ◽  
Book Value ◽  
Stock Split

Stock split is one of the corporate action by the company with the goal set back to stock prices in the range that is more liquid and provide a quality signal to investors. This study aims to analyze the effect of the stock split and the financial performance of the issuer's stock price studies on the manufacturing sector. The theory is the reference of this study, namely Signaling Theory. Signaling theory declares a stock split provides a positive signal for the company manager will inform the future prospects of the company to the public good who do not know. The stock price is the value of a stock that reflects the wealth of the company that issued the stock. Stock prices are formed from the interaction of buyers and sellers of shares in the stock market or stock exchange which is motivated by their expectations of corporate profits. The study was conducted on 7 companies that are listed on the Stock Exchange and they do stock split in the year 2008-2011. Hipoteis testing in this study using multiple regression. The research instrument will be tested in this study is the Earning Per Share (EPS), Return On Investment (ROI), Return on Equity (ROE), Price Earning Ratio (PER), Price to Book Value (PBV) is to test the effect of the stock split and financial performance of the company's stock price. The equations are formed in this study is Stock Price = C + 11,18421EPS - 2,10ROI - 23,62ROE + 556,82PBV + 85,25PER - 244,80Stocksplit + e. The results showed Earning Per Share (EPS) is a variable financial performance and a significant positive effect on stock prices, both before and after stocksplit, while the Return On Investment (ROI), Return on Equity (ROE), Price Earning Ratio (PER), Price to Book Value (PBV) effect is not significant. According to the theory, the higher the ratio of financial performance, the better the state of a company

scholarly journals Analisis Kinerja Perusahaan Sebelum dan Sesudah Merger dan Akuisisi (Studi Empiris pada Perusahaan Non-Keuangan yang Terdaftar di Bursa Efek Indonesia Tahun 2009-2017)

2020 ◽  
Vol 4 (2) ◽  
pp. 69
Author(s):  
Cecilia Chandra Halim ◽  
Indra Widjaja
Keyword(s):  
Mergers And Acquisitions ◽  
Financial Performance ◽  
Economic Crisis ◽  
Stock Exchange ◽  
Market Performance ◽  
Market Value ◽  
Financial Ratios ◽  
Asia Pacific ◽  
The World ◽  
Long Time

It is undeniable that the world is moving towards to an era of mergers and acquisitions (M&A). M&A that emerged in Asia began with a change in policy after the economic crisis. In the period of 2012 - 2015, based on reports from McKinsey and Reuters showed an increase in the value of mergers and acquisitions in Indonesia amounted to 16.7%, which at the same time M&A in the Asia Pacific and the world experienced a decline. The purpose of this study is to analyze the Companies performance that conduct M&A both in terms of financial and market value. The samples in this study consisted of 16 non-financial companies listed on the Indonesia Stock Exchange in the period 2009-2017. Financial performance will be measured using financial ratios and market performance will be measured using Tobin's Q ratio. The results of this study indicate that it takes a long time to show that there is a synergy between companies conducting mergers and acquisitions. 

scholarly journals PERISTIWA EKTREM DARI PROFITABILITAS, LEVERAGE, DAN IMPLIKASINYA TERHADAP RETURN SAHAM

2021 ◽  
Vol 9 (3) ◽  
pp. 310-321
Author(s):  
Rio Nardo ◽  
Laynita Sari
Keyword(s):  
Panel Data ◽  
Financial Performance ◽  
Stock Returns ◽  
Economic Crisis ◽  
Stock Exchange ◽  
Estimation Method ◽  
Direct Impact

The economic crisis caused by the COVID-19 pandemic is more severe than the 1998 crisis. A very serious threat is the decline in the value of the investment in Indonesia. This decrease will have a direct impact on the company's financial performance and indirectly also result in the distribution of financial levels (returns) to shareholders. This research aims to test the effect of profitability and leverage on stock returns. The estimation method used in this study is the regression of panel data. The results showed that profitability has a positive and significant effect on the return of shares in companies listed on the Indonesia Stock Exchange. However, empirically there was no leverage influence on the return stock

Relationship between Governance, Performance and Solvency

2013 ◽  
Vol 4 (4) ◽  
pp. 1-19
Author(s):  
Francesco Campanella ◽  
Domenico Graziano
Keyword(s):  
Financial Performance ◽  
Agency Theory ◽  
Economic Crisis ◽  
Value Creation ◽  
Manufacturing Sector ◽  
Family Businesses ◽  
Critical Importance ◽  
Profit Performance

The Italian manufacturing sector is largely made up of family businesses where the founder- entrepreneur is the main asset to guarantee success. The importance of these corporate categories has led many experts to study the characteristics of governance, especially from the perspective of agency theory. This work belongs to the typical studies that analyze the relationships between governance and economic-financial performance in family businesses, but it differs from the others because: 1) it analyzes a sample of small and medium-sized unlisted companies; 2) businesses are located in a region, Campania, which is suffering the economic crisis more than other regions. In particular, this research aims at demonstrating the critical importance of the resource represented by the founder-entrepreneur, both in terms of profit performance and in terms of solvency: at the time of succession it is therefore necessary that the power of command is given to a descendant who can make specific contributions to the process of value creation.

Pengaruh Kinerja Keuangan Dan Corporate Social Responsibility (CSR) Terhadap Nilai Perusahaan Perbankan Di Bursa Efek Indonesia

2018 ◽  
Vol 26 (1) ◽  
pp. 95-111
Author(s):  
Sulastiningsih Sulastiningsih ◽  
Rizka Imanita Sholihati
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Firm Value ◽  
Research Method ◽  
Quantitative Research ◽  
Annual Report ◽  
Stock Exchange ◽  
Secondary Data ◽  
Corporate Social

This study aims to determine whether the financial performance measured by using CAR, ROA, LDR, BOPO, and CSR can affect the value of banking companies as measured by using PBV. This study uses secondary data taken from the annual report of banking companies during the year 2012-2016 listed on the Indonesia Stock Exchange. The number of samples of this study as many as 25 banking companies with a total of 125 data. This research method is quantitative research. The results of this study indicate the effect of CAR, ROA, LDR, BOPO, and CSR variables on firm value measured by using PBV in a banking company listed on the Indonesia Stock Exchange. Keywords: CAR, ROA, LDR, BOPO, CSR, PBV

Sign in / Sign up

Export Citation Format

Share Document