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UJI KOMPARASI LIKUIDITAS, PROFITABILITAS DAN SOLVABILITAS SEBELUM DAN SESUDAH AKUISISI (STUDI PADA PERUSAHAAN YANG TERDAFTAR DI BEI PERIODE 2012-2013): STUDI PADA PERUSAHAAN YANG TERDAFTAR DI BEI PERIODE 2012-2013 Fernandes, Maleakhi; Diana, Patricia
Ultimaccounting Jurnal Ilmu Akuntansi Vol 11 No 1 (2019): Ultima Accounting : Jurnal Ilmu Akuntansi
Publisher : Universitas Multimedia Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31937/akuntansi.v11i1.1091

Abstract

This research aims to examine the difference of liquidity, profitability and solvability of company in Indonesia Stock Exchange at timeline 2012-2013 except financial sector before and after acquisition. Liquidity is measured using Current Ratio, profitability is measured using Return on Asset Ratio, Return on Equity Ratio and Net Profit Margin Ratio, and solvability is measured using Debt to Total Asset Ratio and Debt to Total Equity Ratio. This research uses various companies' data which listed in Indonesia Stock Exchange except financial sector and done acquisition in period 2012-2013. Samples of the research are taken by purposive sampling method. Samples that comply with the research criteria are five companies. Test for normality using Kolmogorov Smirnov method and test for hypothesis use Paired Sample t-test method if data normally distributed and Wilcoxon Signed Rank test if data not normally distributed. Result from test indicated there's no significant difference for liquidity that measured by Current Ratio, profitability that measured by Return on Asset Ratio, Return on Equity Ratio and Net Profit Margin Ratio, solvability that measured by Debt to Total Asset Ratio and Debt to Total Equity Ratio.
The Role of RDI and Technology Emphasis on Operation and Sales Performance that Implies Financial Performance Fernandes, Maleakhi; Utomo, Prio; Purwanto, Sri
Technomedia Journal Vol 10 No 2 (2025): October
Publisher : Pandawan Incorporation, Alphabet Incubator Universitas Raharja

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33050/tmj.v10i2.2528

Abstract

Competition among companies, particularly in the technology and telecommunications sectors, demands a high level of innovation to meet consumer needs. The use of advanced technology and investment in research and development (R&D) are expected to be key factors in creating a competitive advantage amid intense business competition. The use of narratives in corporate reports is also expected to build a positive image among stakeholders, foster trust, and attract market attention. This study aims to examine the effect of R&D intensity and technology emphasis on financial performance through the mediation of operational and sales performance in technology and telecommunications companies. The research gap identified is the limited number of studies related to R&D in technology and telecommunications companies, especially those utilizing a content analysis approach. The research uses panel data and is conducted on three technology and telecommunications companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2023 period. The samples were selected using a purposive sampling method. The results show that technology emphasis and operational performance have a significant influence on a company’s financial performance, while the relationships among other variables were found to be insignificant. Therefore, companies are encouraged to strengthen their technology emphasis and operational efficiency to enhance productivity and improve financial performance.