Pengaruh Socially Responsible Investment Terhadap Kinerja Keuangan Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar Di BEI Periode 2014-2018

The aims of this research is to examine the effect of Socially Responsible Investment (SRI) towards the financial performance of the company. The population in this research are manufacturing company sector consumer goods industry listed on the Indonesia Stock Exchange (IDX) period 2014-2018, totaling 49 companies. Sampling using purposive sampling method, and obtained 170 data from 34 companies in each period. This research used Structural Equation Modeling-Partial Least Square (SEM-PLS) to analyze data. The results of research showed that Socially Responsible Investment (SRI) have a positive significant impact on the financial performance used firm size as control variabel. Financial perfomance in this researchs measured by Return on Asset (ROA), Return on Equity (ROE) dan Net Profit Margin (NPM). Socially Responsible Investment (SRI) measured by JSE Limited SRI Index 2019 and firm size measured by total assets, total sales and total employees.

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Does environmental performance leverage the impact of environmental strategy on financial performance? A focus on third-party logistic providers

Uncertain Supply Chain Management ◽

10.5267/j.uscm.2021.10.013 ◽

2022 ◽

Vol 10 (1) ◽

pp. 29-36 ◽

Cited By ~ 1

Author(s):

Quang-Huy Ngo

Keyword(s):

Financial Performance ◽

Environmental Performance ◽

Structural Equation ◽

Partial Least Square ◽

Least Square ◽

Mediating Effect ◽

Third Party ◽

Equation Modeling ◽

Environmental Strategy ◽

The Impact

Although prior studies draw upon natural resource-based views, environmental strategy permits competitive advantages, and as such, gains financial performance. However, empirical results are mixed. To shed light on this issue, this study proposes that environmental performance mediates the link between environmental strategy and financial performance. Data were collected from 175 third-party logistic providers currently operating in Vietnam to test the hypotheses. Partial least square structural equation modeling was borrowed to test the data. The results reveal environmental performance partially mediates the link between environmental strategy and financial performance. By considering the mediating effect, this study contributes to the literature by addressing the intervening mechanism of environmental performance on the inconclusive relationship between environmental strategy and financial performance. Besides, this study also extends prior studies by borrowing a concept of environmental strategy, which captures the extent of organizations pursuing this strategy, to explain how and why pursuing this strategy permits environmental and financial performance.

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Can Customer Relationship Management Create Customer Agility and Superior Firms’ Performance?

International Journal of Business and Society ◽

10.33736/ijbs.3169.2021 ◽

2021 ◽

Vol 22 (1) ◽

pp. 175-193

Author(s):

Vu Minh Ngo ◽

Hieu Minh Vu

Keyword(s):

Financial Performance ◽

Customer Relationship Management ◽

Structural Equation ◽

Small And Medium Enterprises ◽

Relationship Management ◽

Tourism Industry ◽

Partial Least Square ◽

Least Square ◽

Customer Relationship ◽

Equation Modeling

The growing importance of Customer relationship management (CRM) and agility in any business are universally accepted and extensively investigated in different disciplines. However, lacking empirical evidence for the suggested theoretical framework of agility and their interrelationships with CRM and superior’s financial performance hinders its application in the practices. Thus, this study attempted to address this issue by drawing on the Resource-Advantage theory of sustainable competitive advantages to examine a mechanism through which CRM implementation can generate sustainable competitive and achieve superior financial performance using the Vietnamese tourism industry context. The framework was tested on data collected from 231 Small and Medium Enterprises (SMEs) using Partial Least Square Structural Equation Modeling (PLS-SEM). Findings suggested that different types of CRM processes do not equally influence customer agility, and not all attributes of customer agility exert positive impacts on firms’ performance as well. Also, CRM performance measurement systems were found to moderate these effects positively and substantially. Several practical implications were also derived from the research findings.

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An Assessment of Risk Management Practices of SME Taxpayers in Malawi and their Impact on Tax Compliance

THE INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE AND BUSINESS ADMINISTRATION ◽

10.18775/ijmsba.1849-5664-5419.2014.44.1001 ◽

2018 ◽

Vol 4 (4) ◽

pp. 7-17 ◽

Cited By ~ 1

Author(s):

Stella Binauli Nanthuru ◽

Liu Pingfeng ◽

Nie Guihua ◽

Victoria Lucas Mkonya

Keyword(s):

Risk Management ◽

Financial Performance ◽

Structural Equation ◽

Management Practices ◽

Risk Mitigation ◽

Tax Compliance ◽

Value Added ◽

Partial Least Square ◽

Least Square ◽

Equation Modeling

This study assesses understanding of Risk, and extent of risk management practices in Small and Medium Enterprise (SME) taxpayers in Malawi, subsequently, investigates their relationship with financial performance and tax compliance. The study focuses on unlimited business sectors of SME taxpayers which drew a representation of our sample of 324 SMEs, using Partial Least Square-Structural Equation Modeling (PLS-SEM) to analyze and test hypotheses. Results indicate that half of the SME taxpayers are aware of risks, but only 23% of respondents underwent any training on risk management. 90% of respondents revealed that tax rates are the most significant business constraint; value-added tax (VAT) being the most challenging tax to file. Most respondents identified risks through experience, with risk management practices centering on Chief Executive Officers. Empirical evidence on Path analysis and bootstrapping results established a significant relationship between understanding risks, risk management practices, financial performance and Tax compliance, which is positive, signaling a roadmap for risk mitigation if tax administration is to widen its SME tax net.

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MODAL INTELEKTUAL DAN KINERJA KEUANGAN : KEUNGGULAN BERSAING SEBAGAI VARIABEL INTERVENING

Current: Jurnal Kajian Akuntansi dan Bisnis Terkini ◽

10.31258/jc.2.2.239-258 ◽

2021 ◽

Vol 2 (2) ◽

pp. 239-258

Author(s):

Muhammad Fahri Azmi ◽

Yusralaini Yusralaini ◽

Rofika Rofika

Keyword(s):

Financial Performance ◽

Competitive Advantage ◽

Financial Services ◽

Structural Equation ◽

Negative Influence ◽

Positive Influence ◽

Partial Least Square ◽

Least Square ◽

Equation Modeling ◽

Positive Effect

This study aims to see the effect of VACA, VAHU, STVA, and VAIC on financial performance and competitive advantage, as well as the role of competitive advantage in mediating the effect of VACA, VAHU, STVA, and VAIC on financial performance. The population in this study is Islamic commercial banks registered with the financial services authority in 2016-2018. The sample of this research was selected by sampling criteria. Hypothesis testing used in this research is Structural Equation Modeling with Partial Least Square (SEM-PLS) approach and the statistical test tool used is WarpPLS 7.0. The results of this study indicate that VACA has a positive influence on financial performance, VAHU has a negative influence on financial performance while STVA and VAIC do not affect financial performance. Furthermore, this study found that VACA, STVA, and VAIC had a positive effect on competitive advantage and competitive advantage also has a positive effect on financial performance. This research also found that, while VAHU did not affect the competitive advantage that competitive advantage plays a role in mediating the effect of VACA and VAIC on financial performance, whereas competitive advantage does not mediate the effect of VAHU and STVA on financial performance.

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Impact of external integration capabilities of third-party logistics providers on their financial performance

The International Journal of Logistics Management ◽

10.1108/ijlm-09-2014-0155 ◽

2016 ◽

Vol 27 (2) ◽

pp. 263-283 ◽

Cited By ~ 15

Author(s):

Chiung-Lin Liu ◽

Pei-Yu Lai

Keyword(s):

Financial Performance ◽

Structural Equation ◽

Partial Least Square ◽

Least Square ◽

Third Party ◽

Equation Modeling ◽

Third Party Logistics ◽

Logistics Industry ◽

Content Type ◽

Comprehensive Plans

Purpose – Outsourcing by corporations is increasing the demand for complex services (such as customization) from third-party logistics providers (3PLs). Effective integration between 3PLs and their customers, known as the external integration of 3PLs, not only allows 3PLs to respond rapidly to shippers’ needs but also to increase customer satisfaction and the effective allocation of resources while increasing operational efficiency (such as by proposing comprehensive plans for future logistics services to meet shippers’ demands). The purpose of this paper is to investigate the causal relationships among the external integration capabilities, cost advantages, and the financial performance of 3PLs. Design/methodology/approach – A survey of 3PLs in Taiwan and China was performed. The research model was tested using a structural equation modeling technique along with the partial least square (PLS-SEM/PLS) approach. Findings – The results herein demonstrated a positive relationship between 3PLs’ external integration capabilities and resource efficiency. The results also suggested that cost competitiveness positively affected the financial performance of 3PLs. Although the external integration capabilities of 3PLs were not found to directly affect their financial performance, the results in this study indicated that external integration capabilities enable a firm to improve financial performance by capturing cost advantages. Originality/value – This study provides useful information about the effects of external integration capabilities on the financial performance of 3PLs in a bi-regional context. The sample in this study was drawn from the 3PL industry in Taiwan and China, enabling a comparative analysis of these two countries of similar cultural backgrounds but different degrees of development of their logistics industry and different related demands.

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PENGARUH GOOD GOVERNANCE TERHADAP KINERJA KEUANGAN PEMERINTAH KOTA PAREPARE DENGAN BUDAYA SIRI’ SEBAGAI PEMODERASI

Indonesian Journal of Business and Management ◽

10.35965/jbm.v3i2.653 ◽

2021 ◽

Vol 3 (2) ◽

pp. 126-133

Author(s):

Imran Rosadi ◽

Haeruddin Saleh ◽

Chahyono Chahyono

Keyword(s):

Structural Equation Modeling ◽

Financial Performance ◽

Structural Equation ◽

Direct Relationship ◽

Good Governance ◽

Partial Least Square ◽

Least Square ◽

Equation Modeling ◽

Alternative Method ◽

The Government

Tujuan dari penelitian ini dalam rangka mengkaji dan menganalisis pengaruh pengaruh variabel Akuntabilitas, variabel Transparansi dan variable Partisipasi terhadap Kinerja Keuangan Pemerintah Kota Parepare. pengaruh Akuntabilitas, Transparansi dan Partisipasi yang di moderasi oleh Nilai Dasar Budaya Siri’ terhadap Kinerja Keuangan Pemerintah Kota Parepare, Peneltian ini bersifat deskriptif kuantitatif menggunakan metode Struktural Equation Modeling (SEM) dengan metode alternatif menggunakan Partial Least Square (PLS) melauii aplikasi Smart-PLS 3.2.9. Hasil peneltian ini menunjukkan bahwa Akuntabilitas berpengaruh tidak signifikan dan juga tidak memiliki hubungan langsung dangan Kinerja Keuangan Pemerintah Daerah Kota Parepare, Transparansi berpengaruh signifikan dan juga memiliki hubungan secara langsung terhadap Kinerja Keuangan Pemerintah Daerah Kota Parepare, Partisipasi berpengaruh tidak signifikan dan juga tidak memiliki hubungan langsung dangan Analisis Kinerja Keuangan Pemerintah Daerah Kota Parepar, Akuntabilitas berpengaruh tidak signifikan dan juga tidak memiliki hubungan langsung dangan Kinerja Keuangan Pemerintah Daerah Kota Parepare walaupun di Moderasi oleh Nilai-nilai dasar budaya Siri’, Transparansi berpengaruh signifikan dan juga memiliki hubungan langsung dangan Kinerja Keuangan Pemerintah Daerah Kota Parepare setelah dimoderasi Nilai-nilai dasar budaya Siri’. Partisipasi berpengaruh signifikan dan juga memiliki hubungan langsung dangan Kinerja Keuangan Pemerintah Daerah Kota Parepare setelah dimoderasi oleh Nilai-nilai dasar budaya Siri’. This study aims to examine and analyze the influence of Accountability, Transparency, and Participation on the Financial Performance of the Government of Parepare City. The influence of Accountability, Transparency and Participation which is moderated by Siri’ cultural basic values on financial performance of the government of parepare city. This research is descriptive quantitative using the Structural Equation Modeling (SEM) method with an alternative method using Partial Least Square (PLS) through the Smart PLS 3.2.9. The results of this study indicate that accountability has no significant effect on and also does not have a direct relationship with the Financial Performance of the Government of Parepare City transparency has a significant effect on and also has a direct relationship to the Financial Performance of the Government of Parepare City, participation has no significant effect on and also does not have direct relationship with the Financial Performance of the Government of Parepare City, Accountability has no significant effect on and also has no direct relationship with the Financial Performance of the Government of Parepare City even though it is moderated by the basic values Siri' culture transparency has a significant effect on and also has a direct relationship with the Financial Performance of the Government of Parepare City after moderated by the basic Siri' culture. Participation has a significant effect on and also has a direct relationship with the Financial Performance of the Government of Parepare City after moderated by the basic values Siri’ culture.

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The Effects of Learning and Growth Perspective on Financial Performance in Private Universities

International Journal of Knowledge-Based Organizations ◽

10.4018/ijkbo.2016100101 ◽

2016 ◽

Vol 6 (4) ◽

pp. 1-13

Author(s):

Fahmi Fadhl Al-Hosaini ◽

Saudah Sofian

Keyword(s):

Structural Equation Modeling ◽

Financial Performance ◽

Direct Effect ◽

Performance Measures ◽

Structural Equation ◽

Private Universities ◽

Partial Least Square ◽

Least Square ◽

Equation Modeling ◽

Financial Measures

Many organisations are known to focus more on their financial gains to the detriments of their other roles that they are expected to discharge to their workforce and the communities. It has also been established from previous researches that financial performance would not be adequately valid with only performance measures unless others that are non-financial measures are incorporated, particularly with respect to those in the traditional BSC, such as is Learning and Growth Perspective (LGP). Yet, there are limited publications that examined the effects of LGP on organisational FP for Private Universities (PUs). In this paper, the effects of LGP on the Financial Performance of Yemen's PUs was investigated. A designed questionnaire based on Partial Least Square-Structural Equation Modeling (PLS-SEM) was carried out. The results showed that LGP has a positive and direct effect on the Financial Performance of the Yemen's PUs. This paper therefore will help in achieving the goals of Yemen's PUs of Yemen in order to enhance their organizational Financial Performance (FP).

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PENGARUH GAYA KEPEMIMPINAN, BUDAYA ORGANISASI, UKURAN, UMUR DAN KEPEMILIKAN PERUSAHAAN TERHADAP KEPATUHAN KEWAJIBAN PAJAK

Jurnal Magister Akuntansi Trisakti ◽

10.25105/jmat.v1i2.4935 ◽

2014 ◽

Vol 1 (2) ◽

pp. 127

Author(s):

Dhaniel Hutagalung ◽

Waluyo Waluyo

Keyword(s):

Organizational Culture ◽

Structural Equation ◽

Tax Compliance ◽

Partial Least Square ◽

Least Square ◽

Primary Data ◽

Equation Modeling ◽

Significance Level ◽

Company Sector ◽

The Relationship

This study aims to: (1) determine and predict the relationship leadership style influence on tax compliance, (2) determine the influence of organizational culture on tax compliance, (3) determine the effect of firm size on tax compliance, (4) determine the effect of age corporate tax compliance, and (5) the effect of ownership on tax compliance.Associative and quantitative statistical methods are used. Object and the sample are property, real estate and construction company sector in Jakarta, and are listed on the Indonesian Stock Exchange. The sampling technique used by census method based on the number of small population. 32 respondents of tax staff / manager, accounting or finance were used as the primary data. Spread questionnaires were analyzed using Structural Equation Modeling (SEM) with an alternative Partial Least Square (PLS) using SmartPLS program version 2.0 M3. SEM-PLS is used because of the difference in scale of measurement variables and lack of samples.The results showed that of the five hypotheses proposed, only two hypotheses are acceptable. Organizational culture has an significant influence and firm size variabel affect tax compliance by 17.79% and significant with T-statistic of 2.41 (>1,96). The larger the company the more it is likely to dutifully carry out their tax compliance and predictions on the role of leadership styles to improve tax compliance is acceptable. Leadership style affect by 19,91% and no significant with T-Statistic 1.83 (<1.96) at 5% significance level, age and ownership of the company was found do not affect the Tax compliance. R-square showed value of 0.4003 indicates, the relationship model are moderate which means that all variables affect the overall 40.03% of the tax compliance.

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EFEK INTERVENING STRUKTUR MODAL PADA PENGARUH UKURAN PERUSAHAAN TERHADAP PROFITABILITAS

KRISNA Kumpulan Riset Akuntansi ◽

10.22225/kr.11.2.1422.137-147 ◽

2020 ◽

Vol 11 (2) ◽

pp. 137-147

Author(s):

I Made Purba Astakoni ◽

Ni Putu Nursiani

Keyword(s):

Capital Structure ◽

Firm Size ◽

Structural Equation ◽

Partial Least Square ◽

Least Square ◽

Equation Modeling ◽

Significant Positive Effect ◽

Manufacturing Companies ◽

Positive Effect ◽

The Capital Structure

Abstract The objectives of this study are (1). (2) Analyzing the influence of firm size on profitability, (3) Analyzing the effect of capital structure on profitability, (4) Analyzing the role of capital structure variables in influencing the influence of firm size on profitability. The population in this study were all manufacturing companies in the Cosmetics and Household Purposes Sector listed on the Indonesia Stock Exchange (IDX). The total population in this study is 6 manufacturing companies in the cosmetics sector and household needs. Based on predetermined criteria, the number of samples is 3 companies, so the data analyzed is panel data with a total of 18 observations. Data analysis techniques use the Partial Least Square (PLS) approach. PLS is a model of Structural Equation Modeling (SEM) based on components or variants. PLS is a powerful analytical method because it is not based on many assumptions. The results of analysis and hypothesis testing indicate; The first hypothesis states that there is a significant positive effect on firm size on capital structure. The results of the analysis found that the size of the company had no significant positive effect on the capital structure so that the first hypothesis was not acceptable. The second hypothesis states that there is a significant positive effect on firm size on profitability. The results of the analysis found that the size of the company had no significant positive effect on profitability so that the second hypothesis was not acceptable. The third hypothesis which states there is a significant positive effect of capital structure on profitability. The results of the analysis found that the capital structure had a significant positive effect on profitability so that the third hypothesis could be accepted. In testing with the Sobel test it was found that the capital structure has not been tested as an intervening variable on the effect of firm size on profitability in the Cosmetics and Household Utilities manufacturing companies listed on the Indonesia Stock Exchange (IDX). Keywords: Company size; capital structure; profitability Abstrak Tujuan dari penelitian ini adalah (1). Menganalisis pengaruh ukuran perusahaan terhadap struktur modal, (2)Menganalisis pengaruh ukuran perusahaan terhadap profitabilitas, (3) Menganalisis pengaruh struktur modal terhadap profitabilitas,(4)Menganalisis peran variabel struktur modal dalam mengintervening pengaruh ukuran perusahaan terhadap profitabilitas. Populasi dalam penelitian ini adalah seluruh perusahaan manufaktur Sektor Kosmetik dan Keperluan Rumah Tangga yang terdaftar di Bursa Efek Indonesia (BEI). Adapun jumlah populasi dalam penelitian ini sebanyak 6 perusahaan manufaktur sektor kosmetik dan keperluan rumah tangga. Berdasarkan kriteria yang telah ditetapkan maka jumlah sampel sebanyak 3 perusahaan, sehingga data yang dianalisis merupakan data panel dengan jumlah observasi sebanyak 18. Teknik analisis data menggunakan pendekatan Partial Least Square (PLS). PLS adalah model persamaan Structural Equation Modeling (SEM) yang berbasis komponen atau varian. PLS merupakan metode analisis yang powerfull karena tidak didasarkan pada banyak asumsi.Hasil analisis dan pengujian hipotesis menunjukkan; Hipotesis pertama yang menyatakan terdapat pengaruh signifikan positif ukuran perusahaan terhadap struktur modal . Hasil analisis menemukan ukuran perusahaan berpengaruh tidak signifikan positif terhadap struktur modal sehingga hipotesis pertama tidak dapat diterima. Hipotesis kedua yang menyatakan terdapat pengaruh signifikan positif ukuran perusahaan terhadap profitabilitas . Hasil analisis menemukan ukuran perusahaan berpengaruh tidak signifikan positif terhadap profitabilitas sehingga hipotesis kedua tidak dapat diterima. Hipotesis ketiga yang menyatakan terdapat pengaruh signifikan positif struktur modal terhadap profitabilitas . Hasil analisis menemukan struktur modal berpengaruh signifikan positif terhadap profitabilitas sehingga hipotesis ketiga dapat diterima. Pada pengujian dengan uji Sobel didapat bahwa struktur modal belum teruji sebagai sebagai variabel intervening pada pengaruh ukuran perusahaan terhadap profitabilitas pada perusahaan manufaktur Sektor Kosmetik dan Keperluan Rumah Tangga yang terdaftar di Bursa Efek Indonesia (BEI). Kata Kunci: Ukuran perusahaan; struktur modal; profitabilitas

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A THE USE OF PARTIAL LEAST SQUARES MODELING IN FINANCE BUSINESS PARTNERING RESEARCH

Kursor ◽

10.21107/kursor.v11i1.256 ◽

2021 ◽

Vol 11 (1) ◽

Author(s):

Amin Tohari ◽

Faisol Faisol ◽

Aeri Rahmad

Keyword(s):

Structural Equation Modeling ◽

Financial Performance ◽

Least Squares ◽

Partial Least Squares ◽

Structural Equation ◽

Partial Least Square ◽

Least Square ◽

Equation Modeling ◽

Accounting System ◽

Managerial Accounting

Structural equation modeling (SEM) is a set of statistical techniques that allows testing a model that is built between one or more endogenous variables with one or more exogenous variables, where each endogenous and exogenous variable can be in the form of latent or a construct built from several variables of manifest or indicator. There is Structural Equation Modeling (SEM) based on covariance and variance, known as Partial Least Square (PLS), SEM-PLS is a powerful and flexible analysis method. This research discusses about the application of SEM-PLS in the field of managerial accounting system, namely the application of non-financial performance’s role that delivers the sustainability of the company's financial performance. Based on the results obtained, it can be concluded that partial least squares can be used to model finance business partnering, and it is known that employee performance and internal process performance contribute to achieve the firm’s financial performance.

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