scholarly journals CEO duality and firm performance: An empirical study on listed companies from an emerging market

2021 ◽  
Vol 5 (2, special issue) ◽  
pp. 194-202
Author(s):  
Pranesh Debnath ◽  
Promila Das ◽  
Najul Laskar ◽  
Shahbaz Babar Khan ◽  
Shweta Dhand ◽  
...  
Keyword(s):  
Firm Performance ◽  
Panel Data ◽  
Emerging Market ◽  
Secondary Data ◽  
Annual Reports ◽  
Return On Assets ◽  
Ceo Duality ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact

The primary purpose of the study is to investigate the impact of CEO duality on firm performance. The study is based on secondary data collected from the published annual reports of respective companies and the Capitaline corporate database. The sample consists of 174 listed non-financial companies for eight years from 2011–12 to 2018–19. This study uses an appropriate panel data regression analysis to examine the impact of CEO duality on firm performance. Based on the panel data regression model, the study found mixed results, i.e., the impact of CEO duality on market capitalization is negative significant; however, the impact becomes positive when the firm performance is measured by return on assets. These outcomes of the present study are consistent with previous studies

Climate Change Accounting and Value Growth of Financial Institutions in West Africa

2021 ◽  
pp. 431-445
Author(s):  
Haruna Maama ◽  
Ferina Marimuthu
Keyword(s):  
Climate Change ◽  
Panel Data ◽  
West Africa ◽  
Financial Institutions ◽  
Annual Reports ◽  
Impact Of Climate Change ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact ◽  
Value Growth

The study investigated the impact of climate change accounting on the value growth of financial institutions in West Africa. The study used 10 years of annual reports of 47 financial institutions in Ghana and Nigeria. The climate change disclosure scores were determined based on the task force's recommended components on climate-related financial disclosure. A panel data regression technique was used for the analysis. The study found a positive and significant relationship between climate change accounting and the value of financial institutions in West Africa. This result implies that the firms' value would improve should they concentrate and enhance their climate change disclosure activities. The findings also revealed that the impact of climate change accounting on the value of financial institutions is positively and significantly higher in countries with stronger investor protection. These findings enable us to expand our understanding of the process of generating value for investors in financial institutions and society, generally.

scholarly journals Analisis Pengaruh Tingkat Inflasi Dan Tingkat Bagi Hasil Terhadap Profitabilitas Pada Bank Umum Syariah Di Indonesia

2021 ◽  
Vol 9 (2) ◽  
pp. 121-130
Author(s):  
Destiana Dwi Nita ◽  
Muhammad Ariffin ◽  
Neni Nurisniani
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Inflation Rate ◽  
Regression Coefficient ◽  
Secondary Data ◽  
Profit Sharing ◽  
Series Data ◽  
Return On Assets ◽  
Panel Data Regression ◽  
Data Regression

This study aims to determine the effect of Inflation Rate and Profit Sharing Rate on Sharia Commercial Bank Profitability in Indonesia. The independent variable (independent) in this study is the level of inflation and the level of profit sharing, while profitability is the dependent variable. In this study, researchers used Return on Assets (ROA) as an indicator for profitability. The method used is descriptive method and verification method. The data used are secondary data sourced from Financial Statements that have been published by Bank Muamalat Indonesia, Bank Rakyat Indonesia (BRI) Syariah, Bank Bukopin Syariah, Bank Negara Indonesia (BNI) Syariah, and Bank Central Asia (BCA) Syariah. The data analysis technique used is panel data regression analysis and classic assumption test, because the data used are secondary data and the type of data used is a combination of cross section data and time series data. Data processing techniques using the help of Eviews 9 program. Based on data analysis that has been done using panel data regression and classical assumption tests, it is found that the Inflation Rate has a negative and significant effect on Return on Assets (ROA), this result is evidenced by the significance value of 0,0012 and the regression coefficient shows a figure of -0,0817. Level of Profit Sharing is positive and significant effect, this result is evidenced by the significance value of 0.0000 and the regression coefficient shows a figure of 0,1644. The coefficient of determination (R-square) value is 77,26%.   Keywords: Inflation Rate, Profit Sharing Rate, Return on Assets (ROA).

Readability of Annual Reports and Operating Performance of Indian Banking Companies

2020 ◽  
Vol 10 (1) ◽  
pp. 20-30
Author(s):  
M. Jayasree ◽  
Rachappa Shette
Keyword(s):  
Firm Performance ◽  
Negative Impact ◽  
Operating Performance ◽  
Annual Reports ◽  
Return On Assets ◽  
Net Interest Margin ◽  
Panel Data Regression ◽  
Data Regression ◽  
Indian Banks ◽  
Cover Up

Existing literature focuses on the evaluation of the readability of annual reports of non-banking companies. However, banking companies’ opaque nature and a double motivation to abuse accounting discretion requires a separate study on the readability of banks’ annual reports in association with their performance. We, therefore, attempt to explore firm performance and readability of banking firms’ annual reports in India. Net interest margin (NIM) and Fog Index are used as performance and readability variables respectively. We find that management discussion and analysis (MD&A) of the Indian banks is difficult to read. However, when we compare it with existing literature, Indian banks’ MD&A is difficult but not unreadable. Panel data regression analysis shows that firm performance would have a negative impact on the Fog Index. Further analysis of good and weak performing banking firms shows that the effect of NIM on Fog Index is higher in the case of weak performing banks. Empirical results affirm that firms with weak performance would structure their annual reports to veil adverse information in unfavourable situations. Consistent with the opaque nature of banks and incomplete revelation, managers of banks make MD&A harder to read to cover up the causes of weak performance. Application of readability index in case of banking companies in an emerging economy in association with performance is the contribution of this paper. An assessment of the readability of annual reports is an interesting topic for research to better understand the recent negative developments in Indian banking industry such as high non-performing assets, continuously declining return on assets, sharp increase in banking frauds and poor governance.

scholarly journals Pengaruh Intellectual Capital Terhadap Return On Asset Pada Bank Umum Syariah di Indonesia Periode Q1.2013 - Q4.2014

2017 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Umi Muhanik ◽  
Dina Fitrisia Septiarini
Keyword(s):  
Panel Data ◽  
Intellectual Capital ◽  
Panel Data Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Significance Test ◽  
Return On Assets ◽  
Financial Report ◽  
Panel Data Regression ◽  
Data Regression

ROA) sharia banks Q1.2013 - Q4.2014 period. The method used is quantitative method with jenuh sampling technique. This study uses 11 Islamic banks and the technique used is the panel data regression. The process of calculating this study using Eviews 8.0 program. Independent variables used Intellectual Capital is VACA, VAHU, STVA and dependent variables use Return on Assets (ROA). The data used is secondary data with the collected data quarterly financial report for the period Q1.2013 – Q4.2014.Hypothesis testing is done using simultaneous significance test (F test) and partial significance test (t test). Panel data analysis conducted showed that simultaneous VACA, VAHU, STVA significant effect on ROA while partial VACA no significant effect on ROA, VAHU significant effect on ROA, STVA no significant effect on ROA.

scholarly journals Social Performance of Rural Bank: Impact of Commercialization Factors

2020 ◽  
Vol 11 (1) ◽  
pp. 116-126
Author(s):  
Hesi Eka Puteri
Keyword(s):  
Panel Data ◽  
Social Responsibility ◽  
Financial Services ◽  
Social Performance ◽  
Secondary Data ◽  
Important Target ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Social ◽  
The Impact

Although social performance is an important target in islamic rural bank, this performance is constrained by various factors of commercialization. This study examined the impact of commercialization factors covering profitability, regulation, and competition on the social performance of rural bank. This research was quantitative that based on a survey on fifty units of rural banks in West Sumatera province of Indonesia from 2016 to 2018. The secondary data collected from the publication of financial services authority and other financial documents at rural banks then analyzed with panel data regression. The findings of this research showed that profitability and competition influenced the social performance, meanwhile regulation could not predict the achievement of social performance.  This finding reinforced the previous studies which identified the impact of some commercialization indicators towards the achievement of social performance but there was no regulation’s impact on social performance.  The impact of regulation which was originally expected to be able to strengthen the social responsibility mission of rural banks evidently did not stimulate the increase of social performance.

scholarly journals Impact of Working Capital and Leverage on Profitability: A Comparison between Indonesia Ulama Council Fatwa and AAOIFI Sharia Standards

2021 ◽  
Vol 6 (1) ◽  
pp. 39
Author(s):  
Akhmad - Sultoni ◽  
Rahmat Mulyana ◽  
Saiful Anwar
Keyword(s):  
Panel Data ◽  
Empirical Evidence ◽  
Research Paper ◽  
Stock Index ◽  
Working Capital ◽  
Return On Assets ◽  
Cash Conversion Cycle ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact

Purpose – This study aims to provide empirical evidence regarding the restrictions on the sharia stock criteria, by observing the impact of working capital and leverage on the profitability of companies listed in Indonesia Sharia Stock Index. There are some differences between Indonesia Ulama Council’s fatwa and AAOIFI sharia standards regarding the restrictions on the sharia stocks, particularly on the riba based leverage compared to the total assets of the companies regarded as having sharia stocks. The objective of this paper is to compare and analyze which restrictions serves companies better.Design/methodology/approach – The research was done to companies listed in Indonesia Sharia Stock Index from 2012 until 2018. Panel data regression was applied to analyze the significance of the result. For comparison purpose of the fatwa and the AAOIFI sharia standards, samples were divided into three different groups based on the debt to assets ratio as an indicator of the riba based leverage (≤30%, 30%-45% and>45%). Variables of cash conversion cycle and debt to assets ratio are used to measure the impact of the working capital and leverage on the return on assets as indicator or profitability.Findings – The result suggests that there are differences in the impact of working capital and leverage on the profitability for the three groups of leverage. In favor of the AAOIFI sharia standards, the result of this study shows that in the group where the leverage is 30% at maximum, the profitability is not affected by the working capital and leverage of the company. Meanwhile, in the group where the leverage is more than 30%, the impact of working capital and leverage on the profitability of the company is found to be significant.Research limitations/implications – This study is limited to the companies listed in Indonesia Sharia Stock Index, with variables of cash conversion, debt to assets ratio and return on assets.Practical implications – This study provide an empirical evidence that can be used to revisit the restrictions applied by Indonesia Ulama Council regarding the sharia stocks.Originality/value – To the best of authors’ knowledge, this paper provides important findings in the sharia finance dynamic in Indonesia.Keyword working capital, leverage, profitability, sharia stocks.Paper type research paper

scholarly journals DAMPAK KINERJA KEUANGAN TERHADAP RETURN SAHAM PERUSAHAAN KOSMETIK YANG TERDAFTAR DI BURSA EFEK INDONESIA

2020 ◽  
Vol 2 (2) ◽  
pp. 01-13
Author(s):  
Wahyudi Wahyudi ◽  
Suriyanti Suriyanti
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Stock Return ◽  
Stock Exchange ◽  
Secondary Data ◽  
Statistical Techniques ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact

This study aims to determine the Impact of CR, DER, and ROA on Stock Return. The research uses a theory/concept base, supported by previous studies which have similarities in variables. The object of this research is the Cosmetic Company which is listed on the Indonesia Stock Exchange. The type of data used is secondary data. Using descriptive statistical techniques and panel data regression assisted by Eviews 10.0 for data analysis. The results found that CR has a negative and significant effect on Stock Return, DER has a positive and not significant effect on Stock Return. ROA has a positive and not significant effect on Stock Return.

Determinants Of Capital Structure For Multinational And Domestic Companies In India: Panel Data Regression Model

2019 ◽  
Vol 118 (7) ◽  
pp. 147-154
Author(s):  
K. Maheswari ◽  
Dr. J. Gayathri ◽  
Dr. M. Babu ◽  
Dr.G. Indhumathi
Keyword(s):  
Panel Data ◽  
Capital Structure ◽  
Regression Model ◽  
Business Risk ◽  
Return On Assets ◽  
Panel Data Regression ◽  
Data Regression ◽  
Return On Capital ◽  
Domestic Companies ◽  
The Capital Structure

The capital structure refers to the components of capital needed to establish and expand its business activities. The study was made with an objective to examine the determinants of capital structure of multinational and domestic companies listed in S&P BSE automobile sector. The study concluded that there is significant impact on capital structure determinants such as size, business risk, non debt shield tax, return on assets, tangibility, profit, return on capital employed and liquidity on the capital structure of multinational and domestic companies of Indian Automobile Sector.  

scholarly journals Analysis Of Effect Of ZIS (Zakat, Infaq, And Shadaqah), Regional Domestic Products Of Bruto, Regional Minimum Wage And Inflation On Levels Poverty In Indonesia 2012 – 2016

2019 ◽  
Vol 2 (2) ◽  
pp. 193-211
Author(s):  
Fiky Nila Mustika ◽  
Eni Setyowati ◽  
Azhar Alam
Keyword(s):  
Panel Data ◽  
Random Effect ◽  
Random Effect Model ◽  
Secondary Data ◽  
Minimum Wages ◽  
Effect Model ◽  
Panel Data Regression ◽  
The Impact ◽  
Poverty Levels ◽  
Domestic Products

This study investigated the impact of ZIS (Zakat, Infaq, and Sadaqah) Gross Regional Domestic Products, Regional Minimum Wages, and Inflation on Poverty Levels in Indonesia during the 2012-2016 period. .This paper used secondary data in the panel data form. This research conducted a quantitative approach using panel data regression. Based on the results of the panel data testing, the best model chosen is the Random Effect Model (REM). Variables of gross regional domestic products and regional minimum wages have a significant effect on poverty levels in Indonesia while the variables of zakat, infaq, and shadaqah (ZIS) and inflation do not influence the level of poverty in Indonesia.

scholarly journals Pemodelan Kasus DBD di Provinsi Jawa Timur dengan Metode Data Panel

2019 ◽  
Vol 8 (2) ◽  
pp. 101
Author(s):  
Annisa Dwinda Shafira
Keyword(s):  
Panel Data ◽  
Population Density ◽  
Time Series Data ◽  
Secondary Data ◽  
Series Data ◽  
Panel Regression ◽  
Affecting Factors ◽  
Factors Affecting ◽  
Panel Data Regression ◽  
Data Regression

The combination of panel data regression consist of time series data, it was collected based on a characteristic at a certain time (cross section). This research aimed to analyze the affecting factors and dominant factors of Dengue Hemoragic Fever (DHF) cases in East Java using panel data regression. This research uses secondary data published by the East Java Provincial Health Office, namely the Health Profile and the East Java Provincial Statistics Agency such as documents of each Districts/City in Numbers of East Java on 2014––2017 using total research population that were collected in all districts/cities in East Java Province. The data of new cases of DHF and factors affecting the incidence of DHF including clean and healthy living behavior in the household, poverty, population density, rainfall in East Java on 2014––2017. Panel regression analysis is used to determine the best model of the CEM, FEM and REM using Chow test, Hausman test and Langrange Multiplier test. Based on the results, the best model of panel regression is FEM with affecting variables such as poverty, population density, and rainfall.

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