scholarly journals TRENDS IN COMPANIES’ DISCLOSURE GOING PUBLIC: ETHICAL PROSPECT

TRIKONOMIKA ◽  
2021 ◽  

Information disclosure in a go-public company is very important as transparency for stakeholders. This research discusses about trends of disclosure of media company which will go public. It is also carried out by using documentation study on the media company prospectus occurred in 2016-2021. Population is the prospectus of 18 media companies listed in Indonesia Stock Exchange. The data was then assessed by 10 students from department of financial management and 10 students from department of accounting, 10 company leaders and 10 investor practitioners. The data was processed by using Weighted Means Score (WMS). The result showed that the aspect of disclosure, cash flow, type of product/program, investment result, risk and business activity are in open category. The disclosure on assets is in the very open category; while the disclosure on important events is in the fairly open category. A media company that will go public, viewed from the ethical prospect (disclosure trend) towards company’s information is in open category which means it has already been open towards information owned by the company.

Author(s):  
Anna Oleshko ◽  
◽  
Olena Basarab ◽  

The article identifies specific features and suggests areas for improving the corporate culture of media enterprises. Dynamic changes in the economy due to digitalization require a revision of existing organizational forms and methods of management and the formation of a qualitatively new corporate culture at all hierarchical levels. The difficulty of solving this problem is the need to eliminate the negative elements in the Ukrainian corporate culture while adapting the development strategies of organizations to new economic conditions. The specifics of the formation of corporate culture of the media company is its special role, which is to implement the information product in order to obtain economic benefits and meet the social and communication needs of different segments of society. The article proposes changes in the organizational structure of media companies by creating a department for internal corporate communications in order to form a corporate culture that can increase the competitiveness of the company and form its positive image in the media space. This will form a highquality information support for internal communication of the enterprise, increase employee motivation and effectiveness of control over their work. The formation of a qualitatively new corporate culture of media enterprises also involves the transformation of the management system taking into account the need to focus on the use of creative work, increasing the level of knowledge, digital competencies, skills and professionalism, observance of system values of society. Ultimately, the formation of an effective corporate culture will have a positive impact on the process of creating quality information products


2021 ◽  
pp. 026327642110120
Author(s):  
Alessandro Jedlowski

On the basis of the results of an ongoing research project on the activities of the Chinese media company StarTimes in Nigeria and Côte d’Ivoire, this paper analyses the fluid and fragmentary dimension of the engagements between Chinese media and African publics, while equally emphasizing the power dynamics that underlie them. Focusing on a variety of ethnographic sources, it argues for an approach to the study of Chinese media expansion in Africa able to take into account, simultaneously, the macro-political and macro-economic factors which condition the nature of China–Africa media interactions, the political intentions behind them (as, for example, the Chinese soft power policies and their translation into specific media contents), and the micro dimension of the practices and uses of the media made by the actors (producers and consumers of media) in the field.


2021 ◽  
Vol 37 (2) ◽  
pp. 243-256
Author(s):  
Gammara Lenggo Geni ◽  
◽  
Rizki Briandana ◽  
Farid Hamid Umarella ◽  
◽  
...  

This study aims to analyse the media management strategy of Indonesian television stations during the Covid-19 pandemic. In March 2020, an outbreak of the Covid-19 pandemic in Indonesia affected the operations of broadcasting offices, which forced people to work from home. This situation affects the operations, strategy, and content of the television industry. The object of research is Kompas TV, one of the largest media companies in Indonesia, which was the first to implement a digital concept for its customers. The concepts of planning, organising, actuating, and controlling are used to analyse the strategies media utilised. The methodology employed for the current research takes the form of a case study by adopting the qualitative approach through an in-depth interview and observation. The results showed that Kompas TV, through its digital platform in the form of websites, YouTube channels, and social media, achieved an increase in the number of viewers, users, and engagement during the pandemic. In particular, the digital aspect does not only appear in communication, but also in the implementation of the Kompas TV strategy. The results of the study also revealed that strategies carried out on Kompas TV can be used as a model for other television in Indonesia to emulate, in order to sustain its business in times of crisis. Keywords: Strategy, broadcast management, Indonesia television station, pandemic Covid-19, qualitative research.


Author(s):  
Damian Guzek ◽  
Agnieszka Grzesiok-Horosz

A significant element of Central and Eastern Europe’s democracies backsliding process turns out to be changes in the media law. These changes are now leading to a decline in media freedom. The article attempts to understand this phenomenon by analyzing the process of legal and policy changes in Poland. In the course of the analysis, the reader’s attention is drawn to three elements that form the mainline of events related to the weakening of media freedom. These are, in turn, (a) the takeover of public media by influencing the staffing of media companies, (b) introducing a new, completely politicized body into the legal order, which duplicates the already existing and partially politicized media authority, and (c) exerting economic and legal pressure on the media independent of the authorities, so that they can be taken over by state-owned companies or businessmen favoring the authorities. As a whole, this decline in media freedom can be viewed as a strategy that antagonizes society.


2021 ◽  
Vol 27 (3) ◽  
pp. 765-777
Author(s):  
Juan Pablo Artero-Muñoz ◽  
Ricardo Zugasti ◽  
Sira Hernánez-Corchete

In Spain, the media market structure is made up of very different media groups, making it necessary to identify and classify them in a clear and coherent manner. To do so, this article collects secondary information from media companies’ websites and from audience measurement institutions. Results identify 50 media groups with activity in the Spanish market. They are classified into three categories according to the type of outlet, including national, sectorial, and regional. The current structure is based on recent developments in the last four decades of democracy among newspapers, magazines, radio, television and digital media.


Author(s):  
Tushar Rameshbhai Ajmera

Purpose: The main aim of this article is to find out the working capital management and its impact on profitability in Tyre Industry of selected companies which are listed on stock exchange in India. Approach/ Methodology/ Design: For the study, a time span of 8 years from 2011-12 to 2018-19 is considered, and based on it, any relation of net profit margin ratio and working capital components like current ratio, quick ratio, inventory turnover ratio, working capital turnover ratio is considered. The sample is selected based on higher market capitalisation during the study period. Regression analysis is also employed to investigate the impact of WCM on corporate profitability. Findings: The major findings of this study indicate that the profitability of Balkrishana was good   compared to the other companies. The working capital of Ceat shows highly positive working capital management, whereas Apollo shows negative working capital management. These results were identified with the help of accounting tool as Ratio analysis and statistical tools as Regression analysis and ANOVA test for selected data. Practical Implication: The study examines the scenario of tyre industry with the help of working capital management in selected companies. The results of the study could be an indicator of the performance of the selected companies.   Originality/Value:  This paper provides some key insights to health and efficiency of the selected companies. The working capital ratios are indicative of good working capital management, leading to identifying issue in financial management and eventually improving the performance of the tyre industry.


2020 ◽  
Vol 7 (2) ◽  
pp. 200-212
Author(s):  
Dwi Puryati

Company is going public in Indonesia are required to publish their financial reporting that have been audited by an external auditor in accordance with the specified time. However  in practice there are still companies that are late in submitting financial reporting. This research  aims to examine the effect  of tenur audite, audit opinion and size company to audit delay in manufacturing companies listed in Indonesia Stock Exchange on 2015-2017. The population in this reserch is manufacturing companies listed on the Indonesia Stock Exchange in 2015-2017 with total number of 152 companies. The sample selected by random sampling with the number of samples calculated by the Solvin Formula, and obtained the result of 60 of minimum samples.  The data analysis technique used  F and t examined. . The results of the study show that simultaneously tenur audite, audit opinion and company size have a significant effect on audit delay. While partially tenur audite and audit opinion have a  significant effect on audit delay, and company size does not significantly effect on audit delay. 


2019 ◽  
Vol 9 (2) ◽  
pp. 28
Author(s):  
Mikha Novalina Sinaga ◽  
Frendy A. O. Pelleng ◽  
Joanne V. Mangindaan

The purpose of this research study is to determine the result of prediction analysis of potential bankruptcy on eleven insurance companies sector which has been listed in Indonesia Stock Exchange year 2015 to 2018. Bankruptcy is a condition when a company experiences insufficient funds to run its business. Bankruptcy is uncertainty about the ability of a company to continue its operations if the financial condition held has decreased. In fact, not all companies experience financial management problems that often lead to bankruptcy. Based on the result and conclusions of the analysis using Altman Z-Score method that: in 2015-2018 there were several companies that were safe, namely: PT. Bina Dana Arta Insurance Tbk, PT. Harta Aman Pratama Insurance Tbk, PT. Jasa Tania Insurance Tbk, PT Indonesian reinsurance airline Tbk, PT. Panin Insurance Tbk, PT. Panin Financial Tbk, PT Victoria Insurance Tbk. Then there are companies that in 2015- 2017 are healthy but in 2018 in prone conditions, namely: PT. Bintang Insurance Tbk,and PT. Multi Artha Guna Insurance Tbk, but different from PT. Mitra Maparya Insurance Tbk which in 2015 was in vulnerable condition but in 2016-2018 is safe. And PT. Ramayana from 2015-2018 is in vulnerable condition.


2019 ◽  
Vol 3 (1) ◽  
pp. 97
Author(s):  
LCA Robin Jonathan ◽  
Theresia Militina

This study aims to analyze and determine the effect of the projected capital structure in the leverage ratio on profitability and company value in coal companies that go public in Indonesia in 2013-2015 both directly and indirectly.With the improvement in the selling price of coal today, it is a breath of fresh air for coal mining companies to start their activities. The decision on the proportion between debt and equity is very important. Modigliani and Miller said that the use of debt would be more profitable than the capital itself. The main objective of financial management is to maximize the value of the company. From managed business activities, profits are obtained. The problem is whether the capital structure has a significant effect on profitability and firm value. The development of coal mining companies in Indonesia has good prospects because it is very much needed for the energy industry by generating electricity with coal. The mining and mining service companies listed on the Indonesia Stock Exchange in 2013-2015 were 42 companies and 23 of them were coal mining companies whose financial reports were examined at the same time period. This study uses path analysis with cross section data and secondary data types in the form of financial statements published on the Indonesia Stock Exchange. The results of the study show that directly, capital structure has no significant effect on profitability and has a negative and significant effect on firm value. Profitabitas has no significant effect on firm value. Indirectly, profitability has no significant effect in mediating the relationship of capital structure to firm value.


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