Abdulbasit Kolapo Imam
Department of Politics and Governance, Faculty of Humanities, Management and Social Sciences, Kwara State University, Malete, Nigeria

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Exploring the Drivers of Poverty: A Comprehensive Review of Influential Factors Ni Nengah Yuni Widya Pratiwi; Bala Ram Acharya; Abdulbasit Kolapo Imam; Tamara Franchuk; Ngwang Ngoongeh Norbert; Ranj Tahir Abdullah; Mugaahed Saleh
Indonesian Development Economics and Localities Vol. 1 No. 1 (2025): January-June
Publisher : Future Techno-Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/wxtcvm44

Abstract

Poverty remains a complex and profound issue impacting both individual well-being and national economic development. In Indonesia, despite numerous initiatives by the government, academia, and non-governmental organizations, poverty persists at significant levels. This literature review aims to provide a comprehensive analysis of the factors influencing poverty rates in Indonesia. Key factors identified include population growth, education, and minimum wages. Population growth can exacerbate poverty if not matched by economic and social support. Education plays a crucial role in enhancing skills and employment opportunities, thereby alleviating poverty. Minimum wages are also pivotal in ensuring that workers can meet their basic needs. This review synthesizes findings from various studies to offer insights into how these factors interact and influence poverty levels. A thorough understanding of these dynamics is essential for developing more effective and sustainable poverty alleviation strategies. The methodology employed is a literature review, which systematically evaluates existing research to identify patterns, gaps, and potential solutions for addressing poverty in Indonesia.
Time-Series Comparative Analysis of Financial Performance among Cosmetics Companies Listed on the Indonesia Stock Exchange, 2021-2024 Amalia Tizka Zhahrina; Feriona Ayurizta Iliyas; Elisabeth Lauboling; Cholis Hidayati; Tamara Franchuk; Abdulbasit Kolapo Imam
Socio-Economic and Humanistic Aspects for Township and Industry Vol. 4 No. 2 (2026): Socio-Economic and Humanistic Aspects for Township and Industry
Publisher : Tinta Emas Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/sehati.v4i2.612

Abstract

Financial performance assessment is essential for evaluating whether listed firms can sustain liquidity, operational efficiency, prudent leverage, and profitability during post-pandemic market recovery. This study examines the financial performance of three cosmetics and household-product companies listed on the Indonesia Stock Exchange, namely PT Mandom Indonesia Tbk, PT Victoria Care Indonesia Tbk, and PT Kino Indonesia Tbk, over the 2021-2024 period. Using a descriptive quantitative design, the study applies financial ratio analysis and time-series comparison based on secondary data obtained from annual reports, audited financial statements, company investor-relations disclosures, and Indonesia Stock Exchange documents. The analysis covers liquidity ratios, activity ratios, solvency ratios, and profitability ratios, followed by cross-company interpretation to identify relative strengths and weaknesses. The results show that PT Mandom Indonesia Tbk has the strongest current liquidity and superior performance in selected activity ratios, particularly inventory turnover and fixed-asset turnover, but its profitability weakened sharply and turned negative in 2024. PT Victoria Care Indonesia Tbk exhibits the most stable profile, supported by relatively strong profitability, low debt exposure, and rapid receivables collection. PT Kino Indonesia Tbk records strong values in total asset turnover, interest coverage, and several profitability indicators; however, some ratio values are unusually high and should be verified against the underlying statement items before being used for investment or managerial decisions. The study contributes by showing that no single firm dominates across all dimensions; therefore, financial performance evaluation in the cosmetics industry requires integrated time-series and cross-sectional analysis rather than reliance on isolated ratios.