Analisis Pengaruh Profitabilitas, Likuiditas Dan Solvabilitas Terhadap Nilai Perusahaan Yang Terdaftar Di Bursa Efek Indonesia

The aims of this research is to analyze and prove the impact of profitability as proxied by return on assets, liquidity proxied by current ratio and solvency as proxied by debt to equity ratio partially and simultaneously on firm value in mining companies that listed on IDX for the 2015-2020 period. The research was conducted with a quantitative approach, with a purposive sampling technique. The analysis technique used is multiple linear regression with partial test hypothesis testing (t test), simultaneous test (F test), and multiple determination coefficient test (R2) with the help of SPSS version 25 program. The results of the study show that 1) profitability is proven significant effect on firm value with a regression coefficient of -0.719; 2) liquidity is proven to have a significant effect on firm value with a regression coefficient of -1.160; 3) solvency has a significant effect on firm value with a regression coefficient of -1.354; and 4) profitability, liquidity and solvency proved to have a significant effect on firm value with a regression coefficient of 0.236. It is mean that profitability, liquidity, and solvency variables simultaneously and partially affect the firm value because the value of sig < 5%. This proves that in a mining company to increase the value of the company, it must pay attention to the profitability, liquidity, and solvency of the company.

The income tax of the Antamina mining company and its impact on the mining canon for the social development from the San Marcos district betweem 2014 - 2017 [El impuesto a la renta de la minera Antamina y su impacto en el canon minero para el desarrollo social del distrito de San Marcos entre 2014 - 2017]

This research demonstrated the important contribution of mining to the welfare of communities, emphasizing its disproportionate contribution in terms of taxes and other payments to the state. Taking into account that the state, through the public treasury, is in charge of administering, disposing and distributing. At the same time, the execution of expenses is done inefficiently and wasted by the capacity of the sector's institutions, so a deep evaluation should be made, since such contribution of the mining companies is important for the social welfare of the communities, because they are in total poverty. There is discontent in the communities that are involved in the conflicts of income distribution resulting from the extractive companies and there is inequality in the distribution of income in the provinces and districts. In Peru, mining companies have been sources of wealth and rational enrichment where the population is involved, so mining companies have become involved in the environment contamination in the different departments. Peru is rich in minerals, due to the development of mining activities in various regions, so It will only study the provinces of Ancash. Some of the districts are San Maquino is located to the east of the Mosna river, province of Huari. To the north is the Carash River. The town of San Marcos is right where the Carash flows into the Mosna. The Carash basin, where there are several communities including Ango Raju and Carhuayoc, is therefore directly linked to the mining activities of Antamina associated with the arrival of the mining canon fraction of income tax paid by Antamina that suddenly and dramatically increased the municipal coffers so that the Municipality of San Marcos and provinces and other districts there are no improvements in roads, education and sanitation.

Using the Potential of The Employees' Expertise and Awareness of Occupational Hazards in The Mining Industry

The paper highlights the results of a study that examined the employees' expertise andawareness of occupational hazards in their work environment. The research involved a survey conductedin the form of a short questionnaire among employees responsible for loading and hauling of excavatedmaterial in an opencast mine. Among 23 major hazards that were thus identified, there were global hazards(affecting the entire mining process) as well as local, task-specific hazards. Depending on the number ofresponses, 10 local and 3 global hazards were identified in the analyzed area, involving noise, stress anddust. Active participation of the crew in the risk identification process helped in the assessment of theircriticality levels, according to employees carrying out various task, highlighting the benefits of suchapproach for effective work safety management in a mining company. The conducted researchdemonstrated yet another goal to be achieved - i.e. the comparison of criticality levels of hazards asidentified by employees and those reported in occupational risk assessment reports in the mine.

Magnesite Ore Washing Facilities’ Wastewater Treatment and Recovered Water Reuse

Grecian Magnesite S.A., located in Gerakini, Chalkidiki, N. Greece, is a magnesite mining company, which produces and commercializes several Mg-based products. For production purposes, water is applied in large quantities for several uses. As a result, 5 × 106–7 × 106 m3 of wastewater, consisting mainly of muddy water, is produced from the magnesite ore washing facilities each year. In this study, the environmental impact of mining and industrial activities is examined, and the water management issues are addressed through its recovery. Water recovery reaches up to 96% (v/v), whereas the remaining sludge waste is safely deposited in tailings ponds.

Firm Characteristics, Corporate Governance and Tax Avoidance:Study on Mining Companies in Indonesia

This research was conducted with the aim of: (1) to determine whether firm characteristics and corporate governance affect tax avoidance in mining companies in Indonesia, and (2) to determine whether corporate governance moderates the relationship between firm characteristics and tax avoidance. The research sample is all mining companieslisted on the IDX forthe period 2015 to 2018, totally 156 observations. From 156 observations, 84 observations can be analyzed. This research data is secondary data in the form of mining company Annual Reports obtained from the official website of the IDX, namely www.idx.co.id and the official websites of the respective companies. Data analysis to test data normality used the Kolmogorov Smirnov test. Hypothesis testing uses moderated regression analysis (MRA) with SPSS. The result of the analysis shows that firm characteristics consisting of leverage and ROE have an effect on tax avoidance, while company size has no effect on tax avoidance. Another result is that CG as measured by the proportion of independent commissioners does not moderate the relationship between firm characteristics and tax avoidance.

The Role of Corporate Governance as Moderating Variable Between Capital Structure and Mining Company Performance

The performance of a company has been becoming an interest of academics in the field of corporate finance since a decade ago. Mining companies are an important industry for the government as sources of funds to finance the country's development. However, studies on the relationship between capital structure and company performance which is moderated by corporate governance are very limited, especially in Indonesia's context. Therefore, this study aims to investigate the relationship between capital structure and company performance which is moderated by public ownership as a proxy of corporate governance. We apply the agency theory to underpin these relationships. We use the moderated regression analysis to accept or reject the hypothesis. However, the classical assumptions must be satisfied before proceeding to the regression analysis. The findings show that company performance which is measured by Stock return is about 42.99% on average. In addition, capital structure is about 39,73%, with Supervisory Board Independence of 38,11%. The mean value of company size is Rp 26.54 Triliun with company's age is 13.60 years old. The regression result shows that there is no effect of interaction between capital structure and corporate governance on company performance. These results have a practical and theoretical contribution. The phenomena of mining company performance can not be explained by signaling theory in the sense that capital composition could not convey the valuable information for investors and they, therefore, are not influenced by this information in investment decision making. Supervisory Board Independence could not play its role as a monitoring mechanism of Management Board.

Private Sector and Corporate Social Responsibility: Understandings and Perspectives of Different Stakeholders. Case study of a Mining Company in Laos

<p>Corporations play a significant role in social and economical development globally. They play a significant role in supporting and boosting economic growth and local development as they provide job opportunities, contribute to infrastructure development, and generate income and wealth in societies. However, corporations also bring some negative impacts. Corporations, in particular those in extractive industries, can create a wide range of harmful effects and hazards to human health and livelihoods as well as to the environment. The negative impacts have attracted significant attention from related parties and prompted corporations to take a great deal of care in managing their impacts. As a result, companies are trying to improve their business strategies and corporate social responsibility (CSR) is one of these strategies by which companies try to differentiate themselves from others and to mitigate their negative impacts. CSR has gradually emerged over many decades and recently became a focus of discussion among businesses and other stakeholders. However, the consensus on the definition of CSR is still limited. Various definitions of CSR have been created based on the interests, perspectives and expectations of different organisations. This research explores the different understandings and perspectives of different groups of people around the way private sector is implementing CSR in Lao PDR, focusing on a foreign mining company as the case study. The research will also identify how these perspectives and expectations impact the strategies of CSR, especially regarding to rural development and poverty reduction in Laos. The results of this thesis show that CSR is relatively a new concept in Laos but it is increasingly significant with the government and businesses themselves both paying more attention to CSR concerns. There is still unclear and common understanding among key stakeholders namely, government, business and other related stakeholders such as communities and other organisations. Fulfilling the legal obligations seems to be sufficient for the business and the government to claim that they are CSR companies while the community and other organisations expect corporations to do more than what only in the contract. In order to promote and encourage CSR to be effective and efficient, mutual understanding needs to be created, negotiated and agreed among keys stakeholders.</p>