scholarly journals Green Investment: Incorporate Environment, Social, And Government Factors In Investment Decision

2021 ◽  
Vol 16 (1) ◽  
pp. 17-28
Author(s):  
Pandu Adi Cakranegara ◽  
Filson Maratur Sidjabat
Keyword(s):  
Competitive Advantage ◽  
Stock Exchange ◽  
Investment Decision ◽  
Business Environment ◽  
Raw Material ◽  
Integration Framework ◽  
Production Sector ◽  
Green Investment ◽  
Industrial Level ◽  
A Company

There are two types of investors, the first is the type of investor who focuses on return on investment and the second type is the investor who pays attention to Environmental, Social, and Governance (ESG) values in investing. This requires management to make adjustments to create a competitive advantage. One of the frameworks used to measure the competitive advantage of a company is the Porter framework. However, Porter's framework needs to be supplemented with ESG values to capture the value creation process in today's business environment. This research is applied research by applying the existing framework in the field. In this case, the framework used consists of two, namely the Porter framework and the LST integration framework. The ESG framework is implemented at the industrial level using industrial divisions based on industrial divisions in the Indonesia Stock Exchange. This study focused on the raw material production sector, namely agriculture, and mining. This study showed that ESG factors affected the competitive advantage of companies and industries. If a company in an industry ignores the value of ESG, the company will experience a decrease in competitiveness. Meanwhile, if the industry does not pay attention to the ESG factor, the industry will experience a decline compared to other industries that pay attention to the ESG factor.

scholarly journals INVESTMENT DECISION, MARKET CAPITALIZATION, AND COMPANY VALUE

2020 ◽  
Vol 8 (12) ◽  
pp. 696-704
Author(s):  
Hais Dama ◽  
◽  
Meriyana Franssisca Dungga ◽  
Firdza Salma Hasiru ◽  
◽  
...  
Keyword(s):  
Stock Price ◽  
Regression Coefficient ◽  
Stock Exchange ◽  
Investment Decision ◽  
Well Being ◽  
Market Capitalization ◽  
Company Value ◽  
Quantitative Descriptive ◽  
A Company ◽  
Descriptive Method

A company that canincrease its value will also be able to improve the well-being of the owner or the shareholders. To a company that issues stocks in the capital market, the stock price in the stock exchange is the indicator of a companys value. Good company value is identified from the companys performance it is also identified from the stable or increasing stock price.This present study analyzed the influence of investment decision and market capitalization on company value. It involved companies listed in the Jakarta Islamic Index (JII), and aimed to formulate a matter of consideration for investors. A quantitative descriptive method was employed to investigate the correlation and influence between variables. The result showed that: (1) investment decisionpartially influenced company value with regression coefficient value of 1.721 and significance value of 0.000 (2) market capitalization partially influenced company value with regression coefficient value of -0.163 and significance value of 0.041 (3) investment decision and market capitalization simultaneously influenced company value of companies listed in the JII with f-count value of 330.698 and significance value of 0.000. Moreover, the adjusted R2 test acquired value of 0.924. The number indicated that company value was influenced by investment decisionand market capitalization by 92.4 percent, while the rest 7.6 percent was due to other variables.

scholarly journals Personal Liability Of Director Of A Company In Insolvency & Investor Frauds Cases

2021 ◽  
Vol 12 (5) ◽  
pp. 1531-1537
Author(s):  
Dr. Hina Kausar
Keyword(s):  
Criminal Law ◽  
Stock Exchange ◽  
White Collar ◽  
Business Environment ◽  
Small Scale ◽  
Internal Mechanism ◽  
The Impact ◽  
A Company ◽  
Personal Liability ◽  
Responsible Person

The present paper contributes to the understanding of impact of corporate scams and scandals and understanding the reason how these frauds and white-collar crimes impact the investors trust and business environment as a whole. When these scams occur the trust of investors break with each and every turnout. The impact of such corporate scams is not limited to the company where it took place but to each and every business, be it big corporate units or it be some small-scale businesses by directly impacting the stock exchange where the shares are listed. The authors have also tried to focus upon the issues and problems faced by the investors of the company while the company got involved in corporate scams and to figure out the responsible person of the company who will be held accountable in such kind of cases. The present study is limited to the extent of personal liability of a Director and too specifically in the cases of fraud and insolvency. White collar crimes are everywhere these days and that need to be treated as a growing branch of the Criminal law in India. With increase in the Globalization companies are growing and along with it the stakeholders of the company are also growing, any scam done will step back the investors to invest again and more in the company. Thereby with increase in the market share of a company the director of the Company has to establish an internal mechanism to tackle various white -collar crimes nurtured and how these are dealt in the court of law.

scholarly journals SISTEM MONITORING KETERSEDIAAN BAHAN BAKU COR BETON MENGGUNAKAN METODE MARKET BASKET ANALYSIS

2019 ◽  
Vol 1 (2) ◽  
pp. 1-7
Author(s):  
Rometdo Muzawi ◽  
Tashid Tashid ◽  
Mahadir Nasution
Keyword(s):  
Raw Materials ◽  
Raw Material ◽  
Manufacturing Companies ◽  
Market Basket Analysis ◽  
Cast Material ◽  
Production Sector ◽  
Market Basket ◽  
Management Function ◽  
Cast Concrete ◽  
A Company

Cast concrete is very important in building physical buildings, both for the construction of houses, hotels, bridges, apartments and other physical buildings. The concrete cast material is the most chosen by the community in building buildings because it is easily formed according to the needs of construction and has a strong strength and is resistant to high temperatures. "Inventory is a component of material or finished product available in hand, waiting to be used or sold" (Groebner in Baroto, 2002: 52). Monitoring raw material inventory is a management function that is very important because inventory is a very large investment company, both in terms of value and future functions. So from that the company needs to implement planning regarding inventory control which estimates the accuracy between inputs into output and the accuracy of the quantity or volume of raw materials. In the real world there are many companies that have not noticed the importance of managing raw material inventories, this can be found in companies that experience excess raw materials in warehouses, as well as running out of raw materials. Monitoring inventory that is well implemented can trigger the success of a company in the production sector in a timely manner. In manufacturing companies often encountered a delay in the arrival of raw materials according to a predetermined schedule. This can create panic at the company's management if there is a stock out, where on the other hand the company must immediately fulfill the goods orders. Therefore, monitoring the availability of concrete cast materials is very important to support the smooth production and can avoid the vacuum of concrete cast material. If the availability of concrete cast raw materials does not monitor, it will cause difficulties in knowing whether or not there is still a concrete cast material to be produced. On this basis the author makes a monitoring system for the availability of concrete cast raw materials using the Market Basket Analysis method.

scholarly journals PENGARUH COST OF BORROWING, PROFITABILITY DAN COLLATERAL VALUE OF ASSETS TERHADAP STRUKTUR MODAL PADA PERUSAHAAN REAL ESTATE DI INDONESIA

2018 ◽  
Vol 13 (1) ◽  
pp. 11-28
Author(s):  
Ade Suryana
Keyword(s):  
Real Estate ◽  
Capital Structure ◽  
Significant Influence ◽  
Stock Exchange ◽  
Investment Decision ◽  
Third Parties ◽  
Net Income ◽  
Public Company ◽  
Depth Analysis ◽  
A Company

Genarlli, the main goal of a company is to maximize its shareholders’ wealth. For a public company, it means maximizing return to its outstanding shares. The final decisions made by the management, which comprise of investment decision and financing decision. Real estate industry is a capital-intensive industry that would spend large fund to start the operations. Consequently, most real estate companies would search and rely upon loan from third parties as its main financing source other than its own capital.The objective of this research is to reveal whether there is influence of cost of borrowing, profitability, and collateral value of assets on capital structure.Th hypothesis for this research are: (a) to reveal whether there is influence of cost of borrowing on capital structure in real estate companies in Indonesia, (b) to reveal whether there is influence of profitability on capital structure in real estate companies in Indonesia, (c) to reveal whether there is influence of collateral value of assets on capital structure in real estate companies in Indonesia, and (d) to reveal whether there is influence of cost of borrowing, profitability and collateral value of assets, simultaneously, on capital structure in real estate companies in Indonesia.Using multiple linear regressions to test those hypotheses, the data obtained from real estate companies listed in Indonesia Stock Exchange during 2003-2007 revealed that: (a) there is negative and significant influence of cost of borrowing on capital structure in real estate companies in Indonesia, (b) there is positive and significant influence of profitability on capital structure in real estate companies in Indonesia, (c) there is positive and significant influence of collateral value of assets on capital structure in real estate companies in Indonesia, and (d) there is  significant influence of cost of borrowing, profitability and collateral value of assets, simultaneously, on capital structure in real estate companies in Indonesia.The result of this research indicated that cost of borrowing is the factor that significantly determines the capital structure. Obtaining loan from third parties would result higher interest expenses, and in turn result in low net income, compared to companies that use their own source of financing. Of course, the decision to finance a company through loan facilities should be based on in-depth analysis and calculation especially in relation to the company’s capability for settlement. 

Gaining Strategic Intelligence Through the Firm's Market Value

2007 ◽  
pp. 141-158
Author(s):  
J. Nicolau
Keyword(s):  
Firm Performance ◽  
Hospitality Industry ◽  
Stock Exchange ◽  
Market Value ◽  
Business Environment ◽  
Empirical Application ◽  
Strategic Intelligence ◽  
Environmental Events ◽  
The Impact ◽  
A Company

This chapter uses the market value to assess the different factors and actors that influence the firm performance. The market value of a company, obtained from the stock exchange, can be used to both, detect and measure the impact of elements of the role, market, and far environment. The empirical application analyzes the hospitality industry that is currently facing an increasingly complex business environment: apart from the terms uncertainty, complexity, and dynamism that shape the environment, in this industry the concepts of munificence and illiberality are strongly applied. This procedure can aid in scanning-related activities, as the analysis shows that environmental events are recognized quite well.

scholarly journals Change management within companies

2019 ◽  
Vol 13 (1) ◽  
pp. 625-634
Author(s):  
Dorel Paraschiv ◽  
Maria Niţu ◽  
Mihai Savin
Keyword(s):  
Human Resources ◽  
Change Management ◽  
Competitive Advantage ◽  
Business Environment ◽  
Transformation Process ◽  
The Other ◽  
Evolution Process ◽  
Attitudes And Knowledge ◽  
Theories Of Change ◽  
A Company

Abstract The environment in which a company operates is diverse and demanding, as there are unnoticed variables. In order to ensure success in the transformation process of a company’s management, leaders need to take into account certain factors that will help the company gain competitive advantage. The ability of companies to adapt, start or implement a change will depend to a large extent on the human resources and skills, attitudes and knowledge they hold. So change is an essential component of the evolution process of companies that put effort, time and resources into implementing an advantageous strategy, but, on the other hand, transformation can be the decay of an organization. For such a strategy, managers need to balance all relevant aspects of the organization and the outside, so that they can position themselves to the current realities of the business environment. This article highlights the importance of change management for the companies, the challenges that they encounter in this process, as well as the main models and theories of change management.

scholarly journals The role of innovation potential in gaining competitive advantage in industrial companies

2020 ◽  
Vol 13 (4) ◽  
pp. 116-129
Author(s):  
Sattar Kadim Hachim Almrshed
Keyword(s):  
Competitive Advantage ◽  
Innovation Management ◽  
Business Environment ◽  
Management Tools ◽  
Industrial Firms ◽  
Industrial Companies ◽  
Innovation Potential ◽  
Innovative Capabilities ◽  
A Company

In today’s highly dynamic business environment, it is crucial to the growth and prosperity of a company to gain and retain a competitive advantage. Organizations need to develop unique competitive advantages to keep pace with the pace of change in technology and customer requirements. In this difficult task, organizations can benefit from innovation strategies and tools more than ever before, as they help companies improve their position in the market by increasing their performance and efficiency, and one of the strategically effective ways is to develop the innovative capabilities of a company. Our aim in this study is to clarify the role of innovative capabilities strategies in improving the performance of the organization and achieving a competitive advantage in the market. This article provides an up–to–date review of the existing literature in the field of innovation and innovative potential in order to identify the potential consequences of industrial firms gaining innovative capacity and their role in gaining a competitive advantage. This study will help managers and practitioners to understand the role of innovation management tools in gaining a competitive advantage through strategies for successfully assessing innovation potential.

Pengaruh keputusan investasi, keputusan pendanaan, dan kebijakan dividen terhadap nilai perusahaan yang terdaftar di Bursa Efek Indonesia

2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Dina Patrisia ◽  
Muthia Roza Linda ◽  
Ursa Yulianti
Keyword(s):  
Dividend Policy ◽  
Stock Exchange ◽  
Investment Decision ◽  
Investment Decisions ◽  
Secondary Data ◽  
Sampling Technique ◽  
Total Sample ◽  
Manufacturing Companies ◽  
Positive Direction ◽  
Company Value

This study aims to analyze the effect of investment decisions, funding decisions, and dividend policy on the value of the company. This research is classified as causative research. The populations in this study are all Manufacturing companies listed on the Stock Exchange in 2012-2016. The sampling technique in this study is using purposive sampling technique with a total sample of 213 samples. The data used is secondary data. The data analysis method used is multiple regression. The results showed that investment decision variables affect the value of the company in a positive direction, funding decisions affect the value of the company in a negative direction, and dividend policy affects the value of the company with a positive direction on Manufacturing companies listed on the IDX. With this research, it is expected that researchers who can further conduct research related to factors that influence the value of the company whose impact is higher than what researchers have met. By using different proxy and data processing methods to produce more accurate data processingKeywords: Investment decisions; funding decisions; dividend policy; company value

The Importance of Knowledge Transfer to Industry

2016 ◽  
Vol 4 (1) ◽  
pp. 1-6
Author(s):  
Emília Madudová ◽  
Keyword(s):  
Literature Review ◽  
Competitive Advantage ◽  
Divergent Thinking ◽  
Business Environment ◽  
Point Of View ◽  
Creative Industry ◽  
Specific Knowledge ◽  
Creative People ◽  
Industry Needs ◽  
Firm Owners

The paper examines the specific knowledge universities transfer to industry, reflecting to creative industry needs. As results shows, the most asked alumni competences should be tacit knowledge and divergent thinking. Divergent thinking influence the creativity. Creativity is often defined as the ability to develop new and useful ideas, but in deep literature review, we can see few irregularities and different definitions of creativity. The paper also evaluates the importance of creativity from business environment point of view and from the creative industry perspective and creative firm owners. As point of view. Another key finding is, that to educate creative people will be one of the key competitive advantage, because mainly the ability to create and disseminate knowledge is often at the heart of the organization's competitive advantage not only in creative industry, but in transport industry as well.

Implementasi Tata Kelola Perusahaan Terhadap Nilai Perusahaan: Studi Empiris pada Perusahaan di Indonesia

2016 ◽  
Vol 7 (2) ◽  
pp. 1-17
Author(s):  
Patricia Diana
Keyword(s):  
Developing Countries ◽  
Corporate Governance ◽  
Financial Performance ◽  
Firm Value ◽  
Stock Exchange ◽  
Investment Decision ◽  
International Market ◽  
Self Assessment ◽  
Result Show ◽  
Observation Period

Indonesia as one of developing countries should prepare for intense business competition in international market by continuously improving their financial performance which reflected by profitability enhancement. In order to achieved this goals, companies should build synergic relationship between stakeholders. Implementation of corporate governance is believed can assist companies in improving firm value by minimizing cost and maximize companies’ profit. This study aims to investigate the effect of corporate governance implementation on Indonesian companies. Corporate Governance Perception Index (CGPI) which establish by Indonesian Institute of Corporate Governance (IICG) used as proxy for corporate governance implementation, and ROA used as proxy for firm value. All the data obtain from Indonesia Stock Exchange (IDX) database and period 2008 to 2012 used as observation period. The result show that implementation of corporate governance has significant effect with firm value proxy by ROA. This study also concludes that market will be more concern on CGPI which generated through documentation and presentation indicators and also observation indicators rather than self-assessment indicators. This indicates that market would trust the information which comes from independen external parties. The result will be useful for investor in making their investment decision which based on profitability consideration. Keywords: Corporate Governance, CGPI, ROA, profitability

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