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Journal : Jurnal Ilmiah ASET

Analisis Perbandingan Kinerja Keuangan Perusahaan Food & Beverage Sebelum dan Sesudah Diwajibkannya Sertifikat Halal di Indonesia Cholis, Muhammad; Darmanto
Jurnal Ilmiah Aset Vol. 27 No. 2 (2025): Jurnal ASET Vol 27 No 2
Publisher : STIE Widya Manggala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37470/1.27.2.260

Abstract

The Indonesian government, through Law No. 33 of 2014, committed to requiring companies operating in the food and beverage industry to pass Halal certification. This was followed up by Government Regulation No. 39 of 2021, which requires all companies, from micro, medium, and large enterprises, to pass and obtain Halal certification for all their products by 2024. Therefore, in this study, researchers took samples using purposive sampling from the food and beverage industry group listed on the Indonesia Stock Exchange for the period 2023 and 2024. The aim was to determine the extent to which the required Halal certification can boost company performance and profitability. Therefore, this study compared net sales and profitability ratio variables before and after the mandatory Halal certification. The results of the study indicate that company performance, as measured by net sales, significantly differed before and after the Indonesian government mandated halal certification. This performance improved after the mandatory halal certification period. Meanwhile, profitability ratios did not significantly differ between the periods before and after the mandatory halal certification period. A decrease in profitability was also observed after the mandatory halal certification period. This is due to other factors influencing the profitability ratio, which can be identified and further research can be conducted.
Co-Authors Abdullah Zailani Abu Mansur, Abu Agus Prayitno AGUS PRAYITNO Ahmad Zuhri Rosyidi Amalia, Amah Annisa Astrid Anwar, Muchammad Syaiful Aprianingsih, Heny Ari Warokka, Ari Arvin Efriani Asroriah, Fatimatul Asy'arie, Bima Fandi Azizah, Suti Mega Nur Baehaqi Basuki Sri Rahayu BUDIYONO Budiyono Budiyono Cahyanto, Gilang eko Cholis, Muhammad Cukup Islamiarso Dhaniswara, Erwin Eprianto Ernawati Budi Astuti Esti Setiawati Etheldreda Prabandasari Bria Fatimatul Asroriah Fitri Oviyanti Fujiannor Rahman Gunarto, Julian Christhoper Hafel, Muhlis HERI WAHYUDI hidayat, dwi taufik Hizkia, Daud Imam Asrori Indah Hartati Irja Putra Pratama Judijanto, Loso Karlina Hogiana Suprihadi Putri Kasinyo Harto Khoirul Anwar Kiring Yopi Kurniawan Budhi , Robby Kusala, Vajra Vidya Laeli Kurniasari Lalong, Etha Margharetha Linda Dwi Astuti Lisman Manurung LMS Kristiyanti, LMS LMS. Kristiyanti Loris M. Yogi Riyantama Isjoni Maryamah Mauludin, Mochamad Subchan Ma’ruf, Muhammad Hasan Meli, Meli Puspita Muhammad, Adamu Abubakar Ningsi, Fitri Nunuk Herawati Nurhidayati Oktavianus Satu Pardana Wati, Sri Laksmi Putri, Netty Fitriana Qiftiyah, Maemunatussa’dayatul Rani Darojah Redata, Lira Renitasari, Delta Ayu Reynold, O. T Ridho Harta, Ridho Saifullah, Aeb Sait abdullah Salindri Selly Susanti, Septiani Sepiana, Yelna Septiani, Reni Setyadi, Achmad Umar Sidi, Pramono Siti Aisyah Siti Fatimah Slamet Riadi Sri Laksmi Pardanawati, Sri Laksmi Sri Wardaya Suparlan . Suprihati Suprihati - Syahla Trisno, Indra Budi Tyas, Nofi Wahyuning Utami, Fuji Weningsih, Sri Widianto Yonatan, Widianto Wikan Budi Utami Yelna Septiana Yenni Maria Sridarta Zaneta, Aulia Zubairi, Ahmad