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Factors Affecting Financial Distress in Manufacturing Companies in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange in 2016–2020 Sitanggang, Tina Novianti; Cindy, Cindy; Hansen, Hansen; Jesslyn, Jesslyn; Cynthia, Cynthia
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 4, No 2 (2021): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v4i2.2057

Abstract

This study was conducted to determine the factors affecting financial distress in Manufacturing Companies in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange in 2016–2020. The data used is sourced from the company's financial statements on the Indonesia Stock Exchange, and the sample has been selected based on predetermined criteria. The population in this study are all Manufacturing Companies in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange in 2016–2020 totaling 30 companies, with purposive sampling method, the sample received is 12 companies. From this research, it can be seen that sales growth and working capital turnover partially effect financial distress significantly. Institutional ownership and debt to equity ratio have an insignificant effect on financial distress. All variables have a significant effect on financial distress simultaneously.
Effect of Return on Assets, Debt to Equity Ratio, Firm Size and Current Ratio on Dividend Payout Ratio (Case Study on Food and Beverage Sub-sector Manufacturing Companies Listed on the IDX for the 2016-2020 Period) Simbolon, Jesica Natalia Br; Sitanggang, Tina Novianti; Simorangkir, Desliani Natalia; Naibaho, Junianti Ramayana; Halawa, Luther Berkat Jaya
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 5, No 1 (2022): Budapest International Research and Critics Institute February
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i1.3812

Abstract

The purpose of this research observation is to find out whether the proposed hypothesis is the results obtained, namely whether partially and simultaneously on the Return On Assets, Debt To Equity Ratio, Firm Size and Current Ratio variables to the Dividend Payout Ratio. This research is a causal associative research. A total population of 8 companies were selected by purposive sampling. The data analysis technique used is multiple linear regression analysis. The results of this study indicate that Return on Assets does not significantly affect the Dividend Payout Ratio, Debt to Equity Ratio and Firm Size has a negative and insignificant effect on the Dividend Payout Ratio, Current Ratio has a positive and significant effect on the Dividend Payout Ratio. So the overall results of Return on Assets, Debt to Equity Ratio, Firm Size, and Current Ratio have a partial and significant effect on the Dividend Payout Ratio in manufacturing companies in the food and beverage sub-sector listed on the IDX for the period 2016 – 2020. By obtaining a total value of Adjusted R Square as many as 0.146, these four variables can explain or give an effect of 14.6% and 85.4% given other variables.
Analysis of the Factors that Affect Financial Distress in Transportation Sector Companies Listed on the IDX for the Period 2018 – 2020 Sitanggang, Tina Novianti; Sinaga, Ayu Stevani; Ritonga, Tuti; Pratiwi, Desy; Waruwu, Lismawati
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 5, No 1 (2022): Budapest International Research and Critics Institute February
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i1.3830

Abstract

The purpose of this research is to find out what factors influence the occurrence of bad financial conditions (Financial Distress) in a company. Transportation sector companies are the population in this study, with a sample of 33 companies with a three-year study period. The technique used in determining the sample is purposive sampling technique. The independent variables in this study: ROA, Current Ratio, Debt Ratio and Company Size. The dependent variable in this study: Financial Distress as measured using the modelZmijewski. The results showed thatROA partially has a significant negative effect on Financial Distress, Current Ratio partially has no significant effect on Financial Distress, Debt Ratio partially has a significant positive effect on Financial Distress, Company Size partially does not have a significant effect on Financial Distress and ROA, Current Ratio, Debt Ratio and Company Size simultaneously affect Financial Distress.
The Effect of Company Size, Company Age, Profittability and Leverage on Profit Management in Mining Companies Listed on Idx for the 2016-2019 Period Tina Novianti Sitanggang; Yutni Bernadetta br Tarigan; Kardika Simanjuntak; Andreas Heriyanto Hondro; Widia Andini Amri
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5106

Abstract

This study is designed for the purpose of analyzing and proving the impact of earnings management because of the effect of leverage, profitability; and the age and scale of the companies listed on the Indonesia Stock Exchange for 2016-2019 with the mining business sector. A total of 42 companies were targeted in carrying out the study as the study population, where samples of all of them were selected technically through purposive sampling, which in turn was obtained as many as 64 data samples taken from 4 years of observation from 16 companies that met the criteria for review. At the end of the analysis of the study data, the researcher found that earnings management partially got a significant and negative influence from company size, then a significant and positive effect was obtained from leverage, while no significant effect was found given the profitability and age of the company. And from all of them, obtained a proportion of 22.9% for the coefficient of determination which means the amount of contribution of all variables to earnings management.
The Effect of Liquidity, Profitability, Activity and Leverage on Stock Returns in Food and Beverage Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2016-2020 Period Alvarido Sibarani; Ruth Putri Yunita; Kosti Juliana Siregar; Beby Anastasia Panggabean; Tina Novianti Sitanggang
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5114

Abstract

This research was investigated to determine the effect of variable X on variable Y. Sourced on the independent variables, namely Currento Ratio (CR), Return on Assets (ROA), Total Asset Turnover (TATO), Debt to Equity Ratio (DER) and the dependent variable is Return. Share. Where there are 100 total samples listed in the Food and Beverage Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2016- 2020 Period. The method used in this research is multiple linear regression analysis by SPSS program. The results of the analysis show that the T test Return on Assets has a positive effecto ono Stock Return, while the Current Ratio, Total Asset Turnover and Debt to Equity Ratio have no positive effect on Stock Return. It is different in the F test that together Current Ratio, Return on Assets, Total Asset Turnover and Debt to Equity Ratio have a positive and significant effect on Stock Return. The result of Adjusted R Square is 0.069, which means that the independent variable affects Stock Return only by 6,9% and the remaining 83,1% is influenced by other variables such as Inventory Turnover, Return on Equity Ratio, Inflation, Interest Rates ando Cash Ratio.
Co-Authors Ainul Yusna Harahap Alicia Maria Frisline Alvarido Sibarani Andari, Ayu Andika N.H Pasaribu Andreas Heriyanto Hondro Annisa Nauli Sinaga Annisa Nauli Sinaga Annisa Nauli Sinaga Aprilia Florencia A.S. Sianipar Ariella, Ega Nesya Ariesa, Yeni Auliza, Ramanda Bali, Grace Evafera Beby Anastasia Panggabean Bella Ayunda Yusda Bella Juliana Permata br Samosir Celine, Celine Cheong Shiau Wie Chesi Br Sibuea Chindy Ema Hermansyah Pasaribu CINDY CINDY Cristover Halomoan Manalu Cynthia Cynthia Damanik, Hormaingat Damanik, Ronald Darwin Lie Devi Ruminta Nainggolan Dewi, Angelina Susila Dwi Andini Dwita Sakuntala Efri Debby Ekinola Br Sinukaban Emi Susanti Purba Evelyn Evelyn Evelyn Yovita Faathir Nurul Yaasiin Faathir Nurul Yasiin Febrina Theresia Lubis Fernando Toky Halawa, Luther Berkat Jaya Hansen, Hansen Hasudungan Rajagukguk, Ronald Hendrico Sipahutar Henny Elina Rusli Hormaingat Damanik Hotma Mentalita Hotma Mentalita Hotriado Harianja Hotriado Harianja Jesslyn, Jesslyn Jhon Lismart Benget. P. Jonathan Marcel Halim Kardika Simanjuntak Keumala Hayati Kosti Juliana Siregar Kristalia Anzeriani Br. Ginting Kristanto, Harry Larosa, Suryati Marcella Jocelyn Wijaya Marpaung, Raymon Efenly Melfrianti Romauli Melinda Melinda Merry Merry Rusida S Mutiara M. Sianturi Naibaho, Junianti Ramayana Nauli Sinaga, Annisa Nelsem Nuri Aslami Nurliza Lubis Nurliza Lubis Oktiana Fidela Damanik Parapat, Dini Dargita Marlina Pratiwi, Desy Purba, Melfrianti Romauli Rahmad Tantawi Rajagukguk, Ronald Hasudungan Ramanda Auliza Raymon Efenly Marpaung Renika Hasibuan Ria Sitorus, Paskah Riadi Riadi Riadi Riadi Riadi Riadi Riadi Riadi, Riadi Ritonga, Tuti Robert Tua Siregar Roini Nela Setia Manurung Rolin Vina Rosalina Sinaga Ronald Hasudungan Rajagukguk Ronald Hasudungan Rajagukguk Rusida S, Merry Ruth Putri Yunita Salim Aktar Sherly - Simbolon, Jesica Natalia Br Simorangkir, Desliani Natalia Simorangkir, Else Rohayu Sinaga, Annisa Nauli Sinaga, Ayu Stevani Sinaga, Rolin Vina Rosalina Sinukaban, Efri Debby Ekinola Br Sitanggang, Febriyanti Br Siti Tiadora Sitompul, Geby M.B Situmorang, Renovand Mikael Sofiyan Suryati Larosa Tina Hastarina Wau Toni, Nagian Valeriana Sethevani VERONICA VERONICA VERONICA VERONICA Vincent Arlonso Waruwu, Lismawati Widia Andini Amri Yaasiin, Faathir Nurul Yolanda Angel Sabatani Doloksaribu Yutni Bernadetta br Tarigan