scholarly journals The Corporate Governance Effect on Financial Performance

2021 ◽  
Vol 3 (2) ◽  
pp. 61-75
Author(s):  
Anggit Riyadi ◽  
Kartika Hendra Titisari ◽  
Purnama Siddi
Keyword(s):  
Financial Performance ◽  
Audit Committee ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Industry Sector ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Food And Beverage ◽  
The Board Of Directors ◽  
Equity Ratio

This study aims to examine corporate governance effecton the financial performance of manufacturing companies in the food and beverage industry sector in the Indonesia Stock Exchange in 2014 - 2018. The independent variables in this study are the audit committee, the board of commissioners, the board of directors, and debt to equity ratio (DER). Whereas the dependent variable in this test is Return on Equity (ROE). The sampling technique is done by using purposive sampling method, namely the determination of sampling with certain considerations. Data analysis techniques include (1) Descriptive Statistics (2) Classical Assumption Tests covering Normality, Multicollinearity, Heteroscedasticity, and Autocorrelation (3) Multiple Linear Regression Tests (4) F Tests (5) Hypothesis Tests (6) Determinant Coefficient Test (R2) . The sample used in this test is manufacturing companies in the food and beverage industry sector which were listed on the Indonesia Stock Exchange in 2014 - 2018, with a total of 10 companies and there were 50 samples that met the criteria. The results of this test concluded that the variables of the board of directors and debt to equity ratio (DER) affect financial performance, while the variables of the audit committee and the board of commissioners have no effect on financial performance.

scholarly journals Capital Structure and Organizational Performance: Evidence from Nigerian Food and Beverage Companies

2019 ◽  
pp. 1-9
Author(s):  
G. T. Ayo-Oyebiyi
Keyword(s):  
Capital Structure ◽  
Financial Performance ◽  
Organizational Performance ◽  
Stock Exchange ◽  
Secondary Data ◽  
Food And Beverages ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Food And Beverage ◽  
The Impact

This study seeks to investigate the impact of capital structure on the performance of organizational performance with particular reference to Nigerian Food and Beverage Companies. Secondary data was used for this study. It was adopted from the audited financial statements of the listed food and beverages companies in the Nigerian Stock Exchange (NSE), for the period of the year 2014 – 2018. The method of analysis used was Pearson Moment Correlation Coefficient and Linear Regressions. The results reveal that firm leverage, tangibility of assets and liquidity have an inverse relationship with the financial performance of the Nigerian food and beverage industry, while, growth and firm’s size have a positive relationship with the financial performance of Nigerian food and beverages industry.  The study, recommends that Nigerian Food and Beverage should, therefore, strike a balance between their choice of capital structure and the effect on its performance as it affects the shareholder's risks.

scholarly journals PENGARUH UKURAN PERUSAHAAN, ROE, DER DAN EPS TERHADAP HARGA SAHAM PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015 - 2019

2020 ◽  
Vol 6 (3) ◽  
pp. 372-385
Author(s):  
Cahya Rahmatiah
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Quantitative Data ◽  
Stock Exchange ◽  
Company Size ◽  
Return On Equity ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Food And Beverage ◽  
Equity Ratio

Abstract: This study aims to determine and analyze company size, Return on Equity (ROE) Debt to Equity Ratio (DER) Earning Per Share (EPS) has a simultaneous, partial and dominant effect on stock prices in food and beverage industry companies on the Indonesia Stock Exchange. The research conducted is associative quantitative research. This research was conducted to determine the effect partially and simultaneously. The type of data obtained is quantitative data. Quantitative data are prices in the form of numbers. Here the data that the authors take is data about company size, Return on Equity (ROE), Debt to Equity Ratio (DER), Earning Per Share (EPS) and the stock price (closing price). The results of this study indicate that Company Size, Return On Equity (ROE) Debt To Equity Ratio (DER) Earning Per Share (EPS) has a simultaneous effect on stock prices in food and beverage industry companies on the Indonesia Stock Exchange. Company Size and Return On Equity (ROE) Partially Affect Stock Prices in Food and Beverage Industry Companies in the Indonesia Stock Exchange. Debt To Equity Ratio (DER) and Earning Per Share (EPS) have no partial effect on stock prices in food and beverage industry companies on the Indonesia Stock Exchange Keywords: Company Size, ROE, DER, EPS, Stock Price Abstrak: Penelitian ini bertujuan Untuk mengetahui dan menganalisis ukuran perusahaan, Return on equity (ROE) Debt to Equity Ratio (DER) Earning Per Share (EPS) berpengaruh secara simultan, parsial dan dominan terhadap harga saham pada perusahaan industri makanan dan minuman di Bursa Efek Indonesia. Penelitian  yang dilakukan adalah penelitian kuantitatif asosiatif. Penelitian ini dilakukan untuk mengetahui pengaruh secara parsial dan simultan. Jenis data yang diperoleh adalah jenis data kuantitatif. Data kuantitatif adalah harga yang berbentuk angka. Disini data yang penulis ambil adalah data tentang ukuran perusahaan, Return on equity (ROE) Debt to Equity Ratio (DER) Earning Per Share (EPS) dan harga saham (closing price). Hasil penelitian pada penelitian ini menunjukan Ukuran Perusahaan, Return On Equity (ROE) Debt To Equity Ratio (DER) Earning Per Share (EPS) Berpengaruh Secara Simultan Terhadap Harga Saham Pada Perusahaan Industri Makanan Dan Minuman Di Bursa Efek Indonesia. Ukuran Perusahaan dan Return On Equity (ROE) Berpengaruh Secara Parsial Terhadap Harga Saham Pada Perusahaan Industri Makanan Dan Minuman Di Bursa Efek Indonesia. Debt To Equity Ratio (DER) dan Earning Per Share (EPS) tidak Berpengaruh Secara Parsial Terhadap Harga Saham Pada Perusahaan Industri Makanan Dan Minuman Di Bursa Efek Indonesia Kata Kunci : Ukuran Perusahaan, ROE, DER, EPS, Harga Saham

scholarly journals RETURN ON EQUITY EFFECT AND DEBT TO EQUITY RATIO ON RETURN STOCK OF FOOD AND BEVERAGE

2019 ◽  
Vol 16 (1) ◽  
pp. 31
Author(s):  
Kristian Chandra
Keyword(s):  
Stock Returns ◽  
Stock Exchange ◽  
Return On Equity ◽  
Beverage Industry ◽  
Panel Data Regression ◽  
Analysis Technique ◽  
Food And Beverage Industry ◽  
Data Regression ◽  
Food And Beverage ◽  
Equity Ratio

The objective of research is to analyze the influence of Return on Equity and Debt to equity to stock returns. In this study the subjects taken were stocks that entered the food and beverage sector that were listed on the Indonesia Stock Exchange (IDX) during 2010 - 2015. The selection of samples in this study was conducted by Purposive Sampling in order to obtain a  representative sample according to predetermined criteria. The number of food and beverage industry samples that meet the criteria are 13 listed on the Indonesia Stock Exchange in 2010-2015. The data analysis technique used to solve the problem in this study is panel data regression analysis with the help of the EViews program. The results of this study indicate that ROE has a positive and not significant effect on stock returns and DER has a positive and significant effect on food and beverage stock returns listed on the IDX in 2010-2015.

scholarly journals FINANCIAL PERFORMANCE: THE ROLE OF GOOD CORPORATE GOVERNANCE (CASE STUDY IN THE MANUFACTURING COMPANIES OF BASIC AND CHEMICAL INDUSTRIAL SECTORS REGISTERED ON THE INDONESIA STOCK EXCHANGE 2016-2018)

2020 ◽  
Vol 18 (2) ◽  
pp. 36
Author(s):  
Ari Susanti ◽  
Sri Lestari
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Board Of Directors ◽  
Quantitative Research ◽  
Audit Committee ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Financial Reports ◽  
Industrial Sectors ◽  
Good Corporate Governance

This study aims to examine the effect of implementing good corporate governance as measured by an independent board of commissioners, board of directors, and audit committee on financial performance measured using Return of Equity (ROE). This research uses quantitative research. The population in this study are manufacturing companies in the basic and chemical industry sectors that consistently publish financial reports on the Indonesia Stock Exchange from 2016 to 2018. Based on the purposive sampling method, a sample of 11 companies is obtained each year to obtain 33 observational data. The data in this study use warpPLS 6.0 software. The results of this study indicate that the independent board of commissioners, the board of directors affect the financial performance, while the audit committee has no effect on financial performance.

scholarly journals Pengaruh Ukuran Komite Audit, Kepemilikan Manajerial dan Kepemilikan Institusional Terhadap Return On Assets (ROA)

2021 ◽  
Vol 4 (2) ◽  
pp. 645-655
Author(s):  
Celine Eriskha ◽  
Nanu Hasanuh
Keyword(s):  
Audit Committee ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Institutional Ownership ◽  
Multiple Linear Regression Analysis ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
Literature Study ◽  
Return On Assets ◽  
Food And Beverage

When observing the major financial problems that were revealed, the public questioned the performance of the big companies involved in this scandal, which contradicts the principles of Good Corporate Governance regarding accountability, equity, integrity, transparency and responsibility. This study aims to determine, test and explain the effect of the audit committee, managerial ownership, institutional ownership, on Return On Assets both partially and jointly in the food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange for the period 2014 to 2019. The sample was determined by purposive sampling. Data collection techniques using literature study and observation. The method used is multiple linear regression analysis. Based on the results of multiple linear analysis, it is found that Managerial ownership has a partial effect on ROA then Audit Committee Size and Institutional ownership partially have no effect on ROA, and simultaneously Audit Committee Size, Managerial Ownership and Institutional Ownership together have an effect on Return On Assets ( ROA). Keywords: Audit Committee, Managerial Ownership, Institutional and ROA

scholarly journals Pengaruh Dewan Direksi, Komisaris Non Independen, dan Kepemilikan Manajerial pada Kinerja Perusahaan Manufaktur di BEI

2020 ◽  
Vol 30 (8) ◽  
pp. 1985
Author(s):  
I Made Dany Yadnyapawita ◽  
Ayu Aryista Dewi
Keyword(s):  
Data Analysis ◽  
Linear Regression ◽  
Board Of Directors ◽  
Stock Exchange ◽  
Managerial Ownership ◽  
Company Performance ◽  
Manufacturing Companies ◽  
Food And Beverage ◽  
The Board Of Directors ◽  
The Relationship

The purpose of this study was to determine the effect of the Board of Directors, Non Independent Commissioners, and Managerial Ownership to Manufacturing Company Performance on the Indonesia Stock Exchange. This research was conducted at food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in the period 2014-2018. Data analysis uses multiple linear regression to determine the relationship between more than two variables. Based on the results of the study stated the Board of Directors statistically has no significant effect to company performance (ROA). Non independent commissioners statistically has no effect to company performance (ROA), Managerial ownership has no statistically significant effect to company performance (ROA). Keywords: Board Of Directors; Independent Commissioners; Managerial Ownership; Company Performance.

scholarly journals THE EFFECT OF CORPORATE GOVERNANCE MECHANISM ON EARNINGS MANAGEMENT PRACTICE (Case Study on Indonesia Manufacturing Industry)

2018 ◽  
Vol 15 (2) ◽  
pp. 157-167 ◽  
Author(s):  
YULIUS KURNIA SUSANTO
Keyword(s):  
Earnings Management ◽  
Audit Committee ◽  
Manufacturing Industry ◽  
Stock Exchange ◽  
Management Practice ◽  
Company Performance ◽  
Governance Mechanism ◽  
Manufacturing Companies ◽  
Corporate Governance Mechanism ◽  
Equity Ratio

The purpose of the research is to get empirical evidence about institutional ownership, management ownership, directors’ size, audit committee, independent commissioner, leverage, profitability, firm size, auditor’s independency and auditor’s reputability on earnings management practice. This research used 53 manufacturing companies listed in Indonesia Stock Exchange and the data were collected through purposive sampling method during the research period 2009 until 2011. The result of the research showed that audit committee, independent commissioner and debt to equity ratio had influence on earnings management practice. The results of this study indicate that the audit committee and independent commissioner overseeing management in reporting of company performance through financial statements. In addition, companies that source of funding more debt than equity is more likely to make an earnings management.

Impact of the Covid 19 Pandemic on the Financial Performance of Consumer Goods Industry in 2019-2020 on the Indonesia Stock Exchange

2021 ◽  
Vol 1 (3) ◽  
pp. 75-80
Author(s):  
Sri Isworo Ediningsih ◽  
Agung Satmoko
Keyword(s):  
Financial Performance ◽  
Consumer Goods ◽  
Stock Exchange ◽  
Current Ratio ◽  
Return On Equity ◽  
Industry Sector ◽  
The People ◽  
Food And Beverage ◽  
Asset Turnover ◽  
Consumer Goods Industry

Covid -19 pandemic that announced by the Indonesian government on March 2, 2020, may have an impact on the company's financial performance, marked by layoffs, decreased productivity, and decreased purchasing power of the people. This study aims to determine the financial performance of companies in the consumer goods industry sector in 2019 - 2020 (food and beverage sub-sector with pharmaceutical sub-sector) listed on the Indonesia Stock Exchange. The financial performance referred to in this study is measured by Current Ratio/CR, Debt Ratio/DR, Total Asset Turnover/TATO, Return On Equity/ROE, and Price Earning/PE. This study found that the financial performance of companies in the consumer goods industry and the financial performance of companies in the food and beverage sub-sector as measured by CR, DR, TATO, and PE increased, but ROE decreased during the pandemic Covid-19. On the other hand, the financial performance of the pharmaceutical sub-sector companies as measured by DR, TATO, ROE, and PE increased, and CR decreased during the Covid-19 pandemic.

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