Inventory Control and Financial Performance of Listed Conglomerate Firms in Nigeria

Inventory constitutes the substantial portion of the cost of production of firms. Conglomerate firms faced a challenge pf dwindling return due to the huge cost of production of which inventory constitute the larger portion. Studies have shown that effective inventory management which entails forecasting, acquisition, transportation, inspection, material handling, storing, warehousing, suppliers’ management and inventory security are germane in reducing the cost of production to the barest minimum and enhance the returns. This study examined the effect of inventory control (inventory procurement control, inventory security control and inventory usage control) on the financial performance of listed conglomerate firms in Nigeria. The study adopted both field and empirical survey research design. The population of the study constitutes the entire six (6) listed conglomerates as at 31st December, 2018. The target population represent 108 staff of the finance and store sections out of which seventy-two were selected using quota sampling techniques for the administration of structure questionnaire, while total enumeration technique was used for the secondary data. The research instrument was validated by checking the constructs of the questions in the questionnaire using content validity. Cronbach Alpha reliability test was carried out and the result showed that the research instrument is reliable with an overall value of 0.988 which is greater than 0.70-0.80 threshold. 68 out of 72 administered structured questionnaire were retrieved representing 94.4% retrieved and used for the analysis. Secondary data extracted from the audited annual reports and accounts for a period of twenty-two (22) years yielding 110 unbalanced firm year observations were used. Descriptive and inferential statistics were employed for testing the hypotheses. The findings revealed that: inventory control significantly affects financial performance of listed conglomerate firms in Nigeria (Adj.R2= 0.873, F(3,65)=10.19, p< 0.1); inventory procurement control has significant positive effect on financial performance (β= .628, R2= 0.565, t(67)= 3.494, p <0.1); inventory security control exerts significant positive effect on financial performance (β= .535, R2= 0.706, t(67)= 2.684, p< 0.1); and inventory usage control significantly and positively influence financial performance (β= .531, R2= 0.492, t(67)= 2.844, p <0.1). Also, inventory turnover period exerted insignificant positive effect on financial performance (β= 4.64, R2= 0.006, t(108)= 0.83, p> 0.1). The study concluded that inventory control significantly influence financial performance of listed conglomerate firms in Nigeria. The study recommended that management of the firm should improve on suppliers’ strategic relationship and provides adequate automated security for monitoring the movements of inventory in the firm.

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Analisis financial performance dan firm value perusahaan sektor industri logam di Indonesia

Jurnal Ekonomi MODERNISASI ◽

10.21067/jem.v16i1.4637 ◽

2020 ◽

Vol 16 (1) ◽

pp. 19-30

Author(s):

Yuniep Mujati Suaidah

Keyword(s):

Capital Structure ◽

Financial Performance ◽

Firm Value ◽

Stock Exchange ◽

Secondary Data ◽

Industrial Sector ◽

Significant Positive Effect ◽

Manufacturing Companies ◽

Insignificant Effect ◽

Positive Effect

This study aims to determine the direct effect of capital structure, CSR and financial performance on firm value, and to determine whether financial performance can be a mediating variable between capital structure and CSR on firm value. This study uses secondary data, data collection with documentation on metal industrial sector manufacturing companies in the Indonesia Stock Exchange (IDX), as many as 14 companies were used as research samples with purposive sampling method, for 4 years so that the sample used 56 financial reports. Measurement of capital structure variables using DER, CSR with GRI-G4 guidelines, financial performance with ROA, firm value with PBV. Hypothesis testing using Path Anaysis. The results showed that capital structure had a positive and insignificant effect on financial performance, CSR had a significant positive effect on financial performance, and capital structure had a significant positive effect on firm value. CSR has a positive and insignificant effect on firm value, financial performance has a significant negative effect on firm value. The financial performance variable is not a mediating variable between capital structure and firm value, but is a mediating variable between CSR and firm value.

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The Influence of Promotion Costs and General Administrative to Cost of on PT. Jakarta International Hotels and Development.Tbk

JURNAL PUNDI ◽

10.31575/jp.v4i1.211 ◽

2020 ◽

Vol 4 (1) ◽

Author(s):

Febryandhie Ananda ◽

Safrul Rahmadhan

Keyword(s):

Financial Performance ◽

Quantitative Research ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Positive Influence ◽

T Test ◽

Variable Cost ◽

The Cost ◽

Positive Effect

This research was conducted at PT. Jakarta International Hotels And Development.Tbk, which aims to determine the influence of promotion costs and the cost of administration against the price of staple inn. Using test tools Eviews 8, with secondary data from the years 2009-2018, quantitative research uses the data type of the time series. With the technique of multiple linear regression analysis, T test, and the test deteminasi (R2).The results of this study show that the Cost of Promotion significant positive effect on the financial performance of the Price of Staple Inn. So the hypothesis one in this study missed. It also happens in the variable Cost of Public Administration affect the financial performance of the Price of Staple Inn. So the hypothesis in this study positive significant. It can be seen from the results of t-Test showing the value prob is equal to 0.04 < alpha of 0.05. This means that the positive influence.

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PENGARUH RISIKO KREDIT, RISIKO PASAR DAN RISIKO LIKUIDITAS TERHADAP KINERJA KEUANGAN PERBANKAN (Studi pada Bank Umum Konvensional yang terdaftar di Bursa Efek Indonesia periode 2014-2018)

Journal Competency of Business ◽

10.47200/jcob.v4i1.676 ◽

2020 ◽

Vol 4 (1) ◽

pp. 1-9

Author(s):

Natalia Desiko

Keyword(s):

Credit Risk ◽

Financial Performance ◽

Research Method ◽

Liquidity Risk ◽

Secondary Data ◽

Total Sample ◽

Market Risk ◽

Sampling Techniques ◽

Significant Positive Effect ◽

Positive Effect

This study aims to determine the effect of credit risk on the financial performance of banks, the effect of market risk on bank financial performance, the effect of liquidity risk on bank financial performanc. The research method used in this is a quantitative method. The population observed in this study was all conventional cemmercial banks listed on the idx for the period 2015 to 2018. The population in this study was 42 banking companies sampling techniques with a total sample of 56. The type of data used is secondary data. The results showed that Credit Risk (NPL) no significant positive effect on finanial performance (ROA), Market Risk (NIM) has a significant positive effect on bank financial performance (ROA). Liquidity Risk (LDR) has a significant positive effect on bank financial performance (ROA). Credit risk (NPL), market risk (NIM) and liquidity risk (LDR) have different effects. Because seen by the t test, where there are variables that cannot be seen.

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Pengaruh risiko kredit terhadap permodalan dengan efisiensi sebagai variabel intervening

Journal of Business and Banking ◽

10.14414/jbb.v10i2.2404 ◽

2021 ◽

Vol 10 (2) ◽

pp. 213

Author(s):

Achmad Achmad ◽

Emanuel Kristijadi

Keyword(s):

Regression Analysis ◽

Multiple Regression Analysis ◽

Financial Services ◽

Banking Industry ◽

Descriptive Analysis ◽

Secondary Data ◽

Significant Positive Effect ◽

Financial Reports ◽

The Cost ◽

Positive Effect

Capital for the banking industry as a safeguard against possible risks is very important. This study aims to analyze whether NPL, CKPN, LAR, and BOPO have a significant effect on CAR. This research uses secondary data, taken by documentation method. The data were obtained from the Bank’s financial reports (Book 3) for the 2016-2019 period from the published reports of the Financial Services Authority (OJK). The data were analyzed using a descriptive analysis and Multiple Regression Analysis (MRA). The results show that NPL, CKPN, and LAR have a significant positive effect on BOPO. The effect of NPL, CKPN, and LAR is significantly negative on CAR. The effect of the BOPO variable on CAR is positive but insignificant. Meanwhile, the effect of NPL, CKPN, LAR through BOPO as an intervening variable on CAR is negative and insignificant. The research results imply that, in the future, banks can control the number of non-performing loans so that the cost of funds reserved for problem loans does not increase.

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The Effect of Fiscal Decentralization and Financial Performance on Economic Growth in District / City of South Sulawesi Province

International Journal of Recent Technology and Engineering - 2 ◽

10.35940/ijrte.c1217.1083s219 ◽

2019 ◽

Vol 8 (3S2) ◽

pp. 675-679

Keyword(s):

Economic Growth ◽

Linear Regression ◽

Financial Performance ◽

Fiscal Decentralization ◽

Secondary Data ◽

Significant Positive Effect ◽

Financial Reports ◽

South Sulawesi ◽

Analysis Technique ◽

Positive Effect

The purpose of this study is to explain and empirically prove the effect of fiscal decentralization and financial performance on economic growth in the districts / cities of South Sulawesi province. The sample in this study consisted of 3 regions in the form of cities and 21 in the form of districts in the province of South Sulawesi with observational data of 3 (three) years. The data in this study are secondary data obtained from local government financial reports. The analysis technique uses multiple linear regression. The results of this study indicate that fiscal decentralization has a negative and not significant effect on economic growth while financial performance has a significant positive effect on economic growth.

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Estimasi Pengaruh Faktor Internal Bank dan Stabilitas Makroekonomi terhadap Profitabilitas dengan Mediasi Rasio Pembiayaan Bermasalah di PT Bank Muamalat Indonesia

Jurnal MAPS (Manajemen dan Perbankan Syariah) ◽

10.32483/maps.v3i2.37 ◽

2020 ◽

Vol 3 (2) ◽

pp. 93-108

Author(s):

Annisa Siti Fathonah ◽

Dadang Hermawan

Keyword(s):

Secondary Data ◽

Financial Statements ◽

Significant Positive Effect ◽

Return On Assets ◽

Internal Factors ◽

Macroeconomic Factors ◽

Operating Income ◽

Significant Negative Effect ◽

Negative Effect ◽

Positive Effect

This study aims to determine and analyze how much influence the bank's internal factors such as Equity, Operational Costs per Operating Income (BOPO), Financing Deposit to Ratio (FDR), Non Performing Financing (NPF) as a mediator and external or macroeconomic factors namely inflation and Gross Domestic Product (GDP) on profitability represented by Return on Assets (ROA) at Bank Muamalat Indonesia for the period 2008-2018. The data used in this research are secondary data obtained from the publication of quarterly financial statements from 2008 to quarter 2 of 2018. The method that used in this research is path analysis with SPSS 20.0 as the analytical tool. The results of the study partially test the hypothesis (t-test), in substructure I shows that the capital variable has a significant negative effect on NPF, BOPO and inflation has a significant positive effect on NPF, FDR and GDP do not significantly influence NPF at Bank Muamalat Indonesia. In substructure II partially, Capital, BOPO, significant negative effect on ROA, FDR and NPF has a significant positive effect on ROA, Inflation and GDP does not significantly influence ROA while simultaneously significantly influencing ROA. Based on the sobel test, capital has a significant effect on ROA through NPF, BOPO has a significant effect on ROA through NPF, FDR has a significant effect on ROA through NPF, Inflation has a significant effect on ROA through NPF, while GDP has no significant effect on ROA through NPF.

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CRITICAL ANALYSIS OF APPROACHES TO ASSESSING THE IMPACT OF BUSINESS PROCESSES ON THE FINANCIAL PERFORMANCE OF AN ORGANIZATION

EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA ◽

10.36871/ek.up.p.r.2021.04.04.036 ◽

2021 ◽

Vol 4 (4) ◽

pp. 201-205

Author(s):

A. L. GENDON ◽

◽

G. F. GOLUBEVA ◽

Keyword(s):

Financial Performance ◽

Critical Analysis ◽

Business Processes ◽

International Standards ◽

Financial Indicators ◽

Life Activity ◽

Cost Of Production ◽

The Cost ◽

The Impact

The article reveals a system of financial indicators that characterize business processes, accounting for income and expenses according to Russian and international standards. The ways of increasing the efficiency of the company's life activity, in particular, the ways of reducing the cost of production, are considered.

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Pengaruh Partisipasi Dalam Penyusunan Anggaran, Akuntabilitas Publik Dan Job Relevant Information Terhadap Kinerja Manajerial Pada OPD Provinsi Sumatera Barat

JURNAL EKSPLORASI AKUNTANSI ◽

10.24036/jea.v1i4.174 ◽

2019 ◽

Vol 1 (4) ◽

pp. 1756-1772

Author(s):

Rani Sri Wahyuni ◽

Erinos NR

Keyword(s):

Regression Analysis ◽

Sampling Method ◽

Secondary Data ◽

Relevant Information ◽

Significant Positive Effect ◽

Public Accountability ◽

Regional Organizations ◽

Managerial Performance ◽

West Sumatra ◽

Positive Effect

This studyaimed to examine the effect of budgeting participation, public accountability and job relevant information to managerial performance. This research is classified as causative research. The population in this study are 39 Regional Organizations (OPD) of West Sumatra Province. The sample in this study used the Total Sampling method. The type of data used in this study is primary and secondary data. Data collection techniques using a questionnaire consisting of 3 respondents in each OPD so that the questionnaire distributed was 117 questionnaires. The analytical method used is Multiple Regression Analysis using the SPSS version 20.00 program. The result of the study showed participation has a significant positive effect on managerial performance. However public accountability and job relevant information have no effect on managerial performance.

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Effects of Happiness Levels in Asia

Jurnal Ekonomi Pembangunan ◽

10.22219/jep.v18i1.11366 ◽

2020 ◽

Vol 18 (1) ◽

pp. 51

Author(s):

Rully Firmansyah ◽

Dyah Wulansari

Keyword(s):

Life Expectancy ◽

Quantitative Methods ◽

Secondary Data ◽

Data Sources ◽

Significant Positive Effect ◽

Independent Variables ◽

Education And Health ◽

Secondary Data Sources ◽

Positive Effect

Happiness is the main goal in life. To measure someone's happiness is not easy, many opinions have emerged. Some say happiness can be measured through the satisfaction of one's life, some say happiness is measured through one's income, education, and health. The number of people's opinions to measure one's happiness appears as an indicator of happiness. At present, there are 48 indicators. One of the most accurate is HPI. The HPI indicator is very important for a country to increase the happiness of its people. Example: life expectancy in a country will increase and unemployment will decrease because a person has extensive knowledge and knowledge that is needed both by himself and the company that will accept him as his employee. The purpose of this study is to find out how HDI influences, life expectancy, unemployment on the level of happiness of people in ASIA. In this study using secondary data sources conducted by taking HDI data, life expectancy, unemployment in ASIA, and HPI data on ASIA. The results of the analysis using quantitative methods indicate that the independent variables namely HDI, life expectancy, and unemployment. Has a significant positive effect on the HPI dependent variable.

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PENGARUH CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2013-2017

Jurnal Akuntansi Trisakti ◽

10.25105/jat.v6i2.5479 ◽

2019 ◽

Vol 6 (2) ◽

pp. 245

Author(s):

Rahmelia Ahyani ◽

Windhy Puspitasari

Keyword(s):

Corporate Social Responsibility ◽

Data Collection ◽

Real Estate ◽

Social Responsibility ◽

Financial Performance ◽

Corporate Financial Performance ◽

Significant Positive Effect ◽

Sample Collection ◽

Corporate Social ◽

Positive Effect

This study aims to examine the effect of Corporate Social Responsibility (CSR) on Financial Performance on Return On Assets (ROA), Return On Equity (ROE) and Net Profit Margin (NPM). The population used in this study is the Sub-Sector Services company of Property and Real Estate listed on the Indonesia Stock Exchange in 2013-2017. Data collection used purposive sampling method which aims to determine the samples taken with certain criteria and objectives, deliberate data collection to be included in the criteria according to the research. Based on sample collection techniques obtained as many as 175 companies.The results found that 1) Corporate Social Responsibility (CSR) had a significant positive effect on corporate financial performance as measured by ROA, 2) Corporate Social Responsibility (CSR) had a significant positive effect on corporate financial performance as measured by ROE, and 3) Corporate Social Responsibility (CSR) had a significant positive effect on the company's financial performance as measured by NPM. This research has implications for the property and real estate industry sector in improving its financial performance through CSR disclosure considering the higher the corporate social responsibility disclosure, the higher the company's financial performance.

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