scholarly journals CARBON CREDIT DAN FAKTOR-FAKTOR LAIN YANG BERPENGARUH TERHADAP KINERJA PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR

2018 ◽  
Vol 19 (2) ◽  
pp. 157-169
Author(s):  
RIKI SANJAYA
Keyword(s):  
Firm Performance ◽  
Stock Exchange ◽  
Debt Ratio ◽  
Manufacturing Companies ◽  
Firm Age ◽  
Carbon Credit ◽  
Growth Opportunities ◽  
Tax Shield ◽  
Basic Industry ◽  
Debt Tax Shield

The objectives of this research is to test and analyze whether growth opportunities, firm size, cash ratio, firm age, carbon credit, debt ratio and non-debt tax shield have influence to firm performance. This study was also to find something new which seldom to do with researchers in Indonesian about carbon credit and improve consistency of results from prior researchers. Sample in this research are manufacturing companies with industry classification basic industry and chemicals, which are listed from December 2010 until December 2015 in Indonesian Stock Exchange with research time period from 2010 until 2015. Only 40 companies meet the criteria and taken as samples. The samples of this research collected using purposive sampling. This research used multiple regression. The result of this research show that firm size and debt ratio influence firm performance on manufacturing companies with industry classification basic industry and chemicals listed in Indonesian Stock Exchange. On the other hand growth opportunities, cash ratio, firm age, carbon credit and non-debt tax shield not influence firm performance. While simultaneously, all the variables in this research influence firm performance.

scholarly journals The Determinant of Market-Based Performance: Evidence from Manufacturing Companies in Indonesia

2020 ◽  
Vol 11 (6) ◽  
pp. 20
Author(s):  
Nopi Tikasari ◽  
Dwi Asih Surjandari
Keyword(s):  
Firm Performance ◽  
Sampling Method ◽  
Stock Exchange ◽  
The Other ◽  
Manufacturing Companies ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Tax Shield ◽  
Debt Tax Shield

The research aims to explore the determinant of firm’s market-based performance in Indonesia manufacturing companies, listed in Indonesia Stock Exchange between 2014 to 2019. The proxies used in this research are Return on Equity (ROE), Leverage, Earning per Share (EPS), Growth, Liquidity (Liquid) and Non-Debt Tax Shield (NDTS). The sampling method employs purposive sampling while the analysis is performed using E-views version 11. The result indicates that in partial, Leverage is negatively significant affect to Firm Performance while the other measured variables, namely Return on Equity, Leverage, Earning Per Share, Liquidity and Non-Debt Tax Shield, prove to be insignificant affect to firm performance. All variables simultaneously affect strongly on Firm Performance. This research implies that the management of the firm should observe Return on Equity (ROE), Leverage, Earning- per Share (EPS), Growth, Liquidity (Liquid) and Non-Debt Tax Shield (NDTS) closely in developing their strategy for better firm performance.

scholarly journals DO FINANCIAL RATIOS, FIRM CHARACTERISTICS AND CORPORATE GOVERNANCE AFFECT FIRM PERFORMANCE?

2019 ◽  
Vol 20 (1) ◽  
pp. 45-50
Author(s):  
JENNY ◽  
SILVY CHRISTINA
Keyword(s):  
Regression Analysis ◽  
Firm Performance ◽  
Firm Size ◽  
Stock Exchange ◽  
The Other ◽  
Debt Ratio ◽  
Firm Characteristics ◽  
Firm Age ◽  
Board Size ◽  
Size Firm

The purpose of this research is to provide evidence about variables that influence firm performance. These variables are board size, debt ratio, firm size, firm age, return on asset, and independent board. Sample of this research are 67 manufactured companies listed in Indonesia Stock Exchange. The sample selected using purposive method, during the 2013 until 2015. Hypothesis tested by using multiple regression analysis. In this research, firm performance were measured by Tobin’s Q. The result of this research shows that debt ratio, firm size, return on asset and independent board have influence on firm performance. The other variables such as board size and firm age have no influence on firm performance.

Nigeria Ailing Industries and the Capital Structure Theory: A Need for Concern

2013 ◽  
Vol 03 (08) ◽  
pp. 31-40
Author(s):  
Ajeigbe Kola Benson ◽  
Fasesin Oladipo Oluwafolakemi ◽  
Ajeigbe Omowumi Monisola
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Capital Intensity ◽  
Structure Theory ◽  
Debt Ratio ◽  
Manufacturing Companies ◽  
Explanatory Variables ◽  
Tax Shield ◽  
Total Debt

It is necessary to identify that what are factors contribute to the firms’ capital structure composition in its operation. Hence the present study was undertaken with the objective of finding out the relationship between capital structure determinants and ailing manufacturing firms of the listed companies in Nigeria. Using a multiple regression analysis, ailing manufacturing companies in Nigeria stock exchange market was examined for the period of 2005-2010. The final sample consists of 14 manufacturing companies. In this study, dependent variable that is, leverage level of the companies, is measured by long-term debt ratio, short term debt ratio and total debt ratio. Capital structure determinants (independent variables) are measured by capital intensity, tangibility, profitability, firm size and non- debt tax shield. Findings showed that the direction of the explanatory variables such as tangibility, profitability, firm size and non-debt tax shields with total debt largely consistent with the explanations of trade-off theory and prove past empirical findings also.

scholarly journals Pengaruh Dewan Komisaris Independen, Kepemilikan Manajerial, Debt Ratio, Likuiditas, dan Faktor Lain pada Kinerja Perusahaan Manufaktur di BEI dengan Metode Tobin’s Q

2021 ◽  
Vol 5 (4) ◽  
pp. 391
Author(s):  
Silviana Silviana ◽  
Sawidji Widoatmodjo
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Firm Growth ◽  
Linear Regression Analysis ◽  
Board Independence ◽  
Managerial Ownership ◽  
Debt Ratio ◽  
Manufacturing Companies ◽  
Firm Age ◽  
Purposive Sampling

The study aims to gain empirical evidence about the effect of board independence, managerial ownership, debt ratio, liquidity, firm age, firm size, and firm growth to firm performance. Data sources come from manufacturing companies in Indonesia Stock Exchange (IDX) during 2014 to 2018 by using purposive sampling method. There are 48 samples selected as the final samples, then hypotheses tested by using multiple linear regression analysis. The conclusion of this study showed that debt ratio and firm size have positive significant to firm performance, but board independence, managerial ownership, liquidity, firm age, and firm growth do not significant to firm performance. Penelitian ini bertujuan memperoleh bukti empiris terkait pengaruh dewan komisaris independen, kepemilikan manajerial, debt ratio, likuiditas, umur perusahaan, ukuran perusahaan, dan pertumbuhan perusahaan terhadap kinerja perusahaan. Sumber data dari perusahaan manufaktur di Bursa Efek Indonesia (IDX) selama 2014 hingga 2018 dengan menggunakan metode purposive sampling. Terdapat 48 sampel yang terpilih sebagai sampel akhir, kemudian hipotesis diuji menggunakan analisis regresi linear berganda. Kesimpulan dari hasil penelitian ini menunjukkan bahwa debt ratio dan ukuran perusahaan berpengaruh positif signifikan terhadap kinerja perusahaan, tetapi dewan komisaris independen, kepemilikan manajerial, likuiditas, umur perusahaan, dan pertumbuhan perusahaan tidak signifikan berpengaruh terhadap kinerja perusahaan.

scholarly journals Pengaruh Karakteristik Perusahaan, Kinerja Perusahaan, dan Diversitas Dewan Komisaris Terhadap Pengungkapan Modal Intelektual (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2014-2016)

2018 ◽  
Vol 6 (1) ◽  
pp. 1129
Author(s):  
Riri Yenita ◽  
Efrizal Syofyan
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Manufacturing Companies ◽  
Firm Age ◽  
Size Firm ◽  
Positive Effect ◽  
Firm Characteristic

This research aims to examine the effect of firm characteristic, firm performance, the board of commissioners diversity on Intellectual capital disclosure. Characteristics of the company in this study consist of firm size, firm age, and leverage, and the board of commissioners diversity in this study consist of the commissioner of foreign and the commissioner of independent. The research used agency theory, stakeholder theory and, signaling theory. The sampling method used nonprobability sampling with the purposive sampling technique. This research consists of 61 sample manufacturing companies listed on the Indonesia Stock Exchange at the year 2014-2016. The analysis method has been carried out by using multiple regression. The result showed firm size and the commissioner of foreign have a significant positive effect on intellectual capital disclosure, firm age, leverage, firm performance, and the commissioner of independent had no effect on intellectual capital disclosure.Keywords: Intellectual capital disclousure, firm characteristic, firm performance, board of commissioners diversity.

scholarly journals The Effect of Good Corporate Governance Towards Idiosyncratic Risk

2020 ◽  
Vol 19 (2) ◽  
Author(s):  
Cintya Yuliana Limantara ◽  
Werner R. Murhadi ◽  
Liliana Inggrit Wijaya
Keyword(s):  
Corporate Governance ◽  
Firm Performance ◽  
Firm Size ◽  
Stock Exchange ◽  
Idiosyncratic Risk ◽  
Manufacturing Companies ◽  
Firm Age ◽  
Board Size ◽  
Good Corporate Governance ◽  
Positive Effect

This study aims to analyze the effect of good corporate governance towards idiosyncratic risk as a proxy with corporate governance variable as board size, independent director, women, firm size, firm performance, and firm age. The object of this study uses companies listed in the Indonesia Stock Exchange and Philippine Stock Exchange using agency theory. This study uses quantitative approach and multiple linear regression to analyze the data. The target populations of this study are manufacturing companies that listed in Indonesia Stock Exchange and Philippine Stock Exchange in 2014-2018 which are equal to 615 and 200 year observations. The results in Indonesia showed that board size, women, and firm age had negatif effect on idiosyncratic risk. On the other hand, firm size do not show the effect on idiosyncratic risk and firm performance had positive effect on idiosyncratic risk. However, the results in Philippine showed that board size had positive effect on idiosyncratic risk. While, women and firm size do not show the effect on idiosyncratic risk but firm performance and firm age had negatif effect on idiosyncratic risk.

HUBUNGAN SIMULTAN ANTARA AKTIVITAS PENGAWASAN PERUSAHAAN DENGAN KINERJA PERUSAHAAN DI BURSA EFEK INDONESIA

2018 ◽  
Vol 2 (1) ◽  
pp. 63
Author(s):  
Habibatur Ridhah
Keyword(s):  
Firm Performance ◽  
Stock Exchange ◽  
Primary Objective ◽  
Family Ownership ◽  
Debt Ratio ◽  
Monitoring Activity

The primary objective of this research is to test the simultaneous relationship between board of commisioner monitoring activity and firm performance on a sample that consist of 156 companies quoted in Indonesia Stock Exchange. This study found that monitoring activity that performed by board of comissioner affect the firm performance, and vice versa, firm performance also affect the monitoring activity.. Further this research found that family ownership and debt ratio of company affected the monitoring activity that performed by Board of Commissioner. Tujuan utama dari penulisan studi ini adalah untuk melakukan pengujian hubungan simultan antara aktivitas pengawasan dewan komisaris dan kinerja perusahaan dengan menggunakan sampel sebanyak 156 perusahaan. Penelitian ini menemukan bukti bahwa aktivitas pengawasan perusahaan dapat mempengaruhi kinerja perusahaan, begitu juga sebaliknya, kinerja perusahaan dapat mempengaruhi aktivitas pengawasan perusahaan yang dilakukan oleh dewan komisaris. Studi ini juga menemukan bahwa jumlah kepemilikan keluarga, dan tingkat hutang mempengaruhi frekuensi aktivitas pengawasan yang dilakukan oleh dewan komisaris.

scholarly journals Factors Explaining Debt Firm Policy: A Comparison between Five Intercontinental Countries

2017 ◽  
Vol 7 (1) ◽  
pp. 285
Author(s):  
Ben Said Hatem
Keyword(s):  
South Africa ◽  
Capital Structure ◽  
Firm Growth ◽  
Debt Ratio ◽  
Firm Age ◽  
Growth Opportunities ◽  
Short Term ◽  
Return On Assets ◽  
Debt Policy

We test the factors explaining the debt policy of firms across five continents. To this end, we examine samples from South Africa, Australia, Brazil, India and Spain over a period of 8 years from 2003 to 2010. The results manipulate differences in debt policy for all countries (except for the variable Return on Assets, ROA). As for the effect of activity sectors on firm debt policy, higher performance led to lower firm debt ratios. Furthermore, we concluded some differences in other variables. Higher tangibility ratios for firms from South Africa, India and Spain led to higher capital structure ratios. Larger firms from Brazil led to lower short term debt ratio. We could not find evidence on the effect of firm growth opportunities in Brazil and India. Furthermore, we concluded to a positive and a statistically significant effect of liquidity ratio for Australia and India, and a positive and a statistically significant effect of firm age for firms from Spain.

Sign in / Sign up

Export Citation Format

Share Document