Articles
<![CDATA[TAX AVOIDANCE AND DERIVATIVES' EFFECT ON FIRM VALUE MODERATED WITH OWNERSHIP CONCENTRATION AND AFFILIATED RELATIONSHIP ]]>
<![CDATA[Rani, Imelda]]>;
<![CDATA[Imelda, Elsa]]>;
<![CDATA[Magdalena, Fanny]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v2i2.3558-3573
<![CDATA[The purpose of this study is to examine the impact of tax avoidance and derivatives on firm value, as well as the role of ownership concentration and affiliate ties in modulating the relationship between tax avoidance and firm value. All energy sector businesses listed on the Indonesia Stock Exchange make up the study's population, which will be examined between 2020 and 2022. The sample for this study, which was conducted during the same time period, consisted of 44 energy-related enterprises. The data processing for this study included Eviews 13 software, as well as multiple linear regression and Moderated Regression Analysis methods. The results of the study show that ownership concentration significantly and positively raises firm value. However, derivatives and tax avoidance have no significant effect on it. Ownership concentration and affiliation is proven fail to strengthen the relationship between tax avoidance and firm value. According to this study, investors consider the level of concentrated ownership when making investment decisions. This means that the company's key shareholders must perform their duties to the best of their abilities in order for the company to develop and maintain strong future prospects.]]>
<![CDATA[FACTORS AFFECTING FINANCIAL DISTRESS IN THE CONSUMER INDUSTRY SECTOR DURING THE COVID-19 PANDEMIC ]]>
<![CDATA[Tumbelaka, Kathy Paulina]]>;
<![CDATA[Imelda, Elsa]]>;
<![CDATA[Simina, Juni]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v2i2.3510-3517
<![CDATA[The COVID-19 pandemic has led to changes in financial performance and a decline in global economic conditions. This study aims to obtain empirical evidence about the influence of Corporate Social Responsibility (CSR), firm size, and firm age on corporate financial distress in the cyclical and non-cyclical consumer sectors during the COVID-19 pandemic. The research design used in this study is descriptive research with quantitative methods. The research sample was selected using purposive sampling, which contains 80 companies as sample. Hypothesis testing is done using a regression analysis model of panel data. The data processing for this study using some application such as Microsoft Excel and EViews 10. The results revealed that Corporate Social Responsibility has no influence on financial distress, the size of a company has a significant positive influence over financial distresses, and the age of the company has significant negative influence upon financial distress. This means that both the size and age of the company are interrelated indicators that should be considered because they can affect the risk of financial distress.]]>
<![CDATA[FACTORS AFFECTING THE TIME SPAN FOR SUBMITTING FINANCIAL REPORTS ON NON-CYCLICAL CONSUMER SECTOR COMPANIES ]]>
<![CDATA[Prasdecia, Caroline Pieta Sekar]]>;
<![CDATA[Imelda, Elsa]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v2i2.3449-3463
<![CDATA[The purpose of this research is to analyze the effect of institutional ownership, independent board membership, company size, profitability, and leverage on the time span for submitting financial reports. The population of this research is non-cyclical consumer sector companies listed on the Indonesia Stock Exchange (IDX) during 2020-2022. The sample of this research was 125 companies. Data processing using multiple linear regression analysis methods in this research using Eviews 13 software. The results of this research indicate that company size has a negative and significant effect on the time span for submitting financial reports. While institutional ownership, independent board membership, profitability, and leverage cannot prove the influence on the time span for submitting reports. Based on the results of this research, company investors can increase the size of the company in order to speed up the time for submitting financial reports and can convey company information to investors on time, so that investors can make economic decisions. So that companies need to strive to carry out their responsibilities and duties properly to report financial reports quickly and on time so that they can be useful for the company's future.]]>
<![CDATA[THE EFFECT OF PROFITABILITY, INCOME DIVERSIFICATION, BANK CAPITAL, BANK EFFICIENCY ON NON PERFORMING LOAN IN THE BANKING SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE 2021-2023 ]]>
<![CDATA[Yola, Yola]]>;
<![CDATA[Imelda, Elsa]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 3 No. 2 (2025): May 2025 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v3i2.834-845
<![CDATA[The stability of the banking sector acts as key factor in maintaining the sustainability of the financial system, bank's operating income will be greater if many customers pay loans and interest, but it will be problem if borrower cannot return the credit. This study aims to determine the effect of profitability, income diversification, bank capital, and bank efficiency on NPLs banking companies listed on the IDX 2021-2023. Total sample obtained was 30 samples of banking companies. This test uses multiple linear regression based on panel data using Eviews 12 software. The results of this study indicate the variables that have significant effect on NPL are profitability negatively and bank efficiency positively. Bank capital and income diversification variables have an insignificant relationship with NPLs. Based on the results of this study, it’s expected the company can maintain good level of profitability so that it can defend from NPLs, the company suggested to maintain the level of capital owned, carry out cost management efficiency considerately, besides that banks also advised to have other sources income as a form of diversification and not depend on one source while using careful evaluation therefore not create NPL risks. In addition, the purpose of this study also to prove influence factors that contribute to NPLs to be more consistent and expected to contribute to all academics as well practitioners regarding the results affecting NPLs and used as basis for research and banks in implementing more effective management strategies so that national financial health could maintained.]]>
<![CDATA[THE EFFECT OF PROFITABILITY, BOARD SIZE, AND WOMAN ON BOARDS ON FINANCIAL DISTRESS ]]>
<![CDATA[Cahyani, Fernanda]]>;
<![CDATA[Imelda, Elsa]]>;
<![CDATA[Vira, Vira]]>;
<![CDATA[Sastrasasmita, Emillia]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 3 No. 2 (2025): May 2025 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v3i2.846-853
<![CDATA[Financial distress is a condition that often occurs in companies due to internal and external factors. This condition must be addressed immediately because it could endanger the business. This research attempts to collect empirical information about how profitability, board size, and women on board impact firms on the LQ-45 company list that are experiencing financial difficulties. Multiple linear regression is the methodology used in this study. EViews version 12 is used for data processing. In this research, the dependent variable is the level of financial distress which is proxied by the Debt-to-Equity Ratio (DER). According to this study, financial distress is negatively impacted by board size and profitability, positively and significantly by having woman on the board of directors, also completely unaffected by having a woman on the board of commissioners.]]>
<![CDATA[IMPACT OF INTELLECTUAL CAPITAL, PROFITABILITY AND DIVIDEND ON MARKET CAPITALIZATION ]]>
<![CDATA[Elfenso, Parcella Glatia]]>;
<![CDATA[Imelda, Elsa]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 3 No. 2 (2025): May 2025 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v3i2.866-874
<![CDATA[The purpose of this study is to obtain empirical evidence on the impact of intellectual capital, profitability, and dividends on market capitalization as the dependent variable. The study employs a quantitative approach, using a sample of 66 observations obtained from 22 companies listed in the IDX80 index on the Indonesia Stock Exchange during the period of 2021–2023. The sample was selected using purposive sampling, which allows for data selection based on specific criteria relevant to the research objectives. The statistical software EViews 13 was used for data processing, enabling in-depth analysis using multiple linear regression. The results show that profitability has a significant positive effect on market capitalization, meaning that companies with higher profitability tend to have higher market capitalization. This reflects the importance of strong financial performance in enhancing a company's value in the market. In contrast, intellectual capital and dividends were found to have no significant effect on market capitalization in this sample. These findings offer valuable insights for managers and investors, emphasizing the importance of focusing on profitability to increase a company's appeal in the capital market. This study also encourages further research into other factors that may influence market capitalization.]]>
<![CDATA[THE MODERATING EFFECT OF CORPORATE GOVERNANCE ON THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND COMPANY PERFORMANCE ]]>
<![CDATA[Jong, Steven]]>;
<![CDATA[Imelda, Elsa]]>;
<![CDATA[Sastrasasmita, Emillia]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 3 No. 2 (2025): May 2025 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v3i2.915-924
<![CDATA[The objective of this research is to identify the impact of corporate governance as moderator variables on the capital structure and company performance relationship within non-cyclical consumer companies listed on the Indonesia Stock Exchange from 2021 to 2023. This study uses secondary data using 54 samples selected through the purposive sampling method and processed using the E-views 12 program. The results obtained show that both long-term and short-term debt-to-total assets ratios have a significant negative impact on ROE. However, corporate governance factors like Board Size, Commissioner Size, and shareholder size cannot moderate this relationship.]]>
<![CDATA[THE EFFECT OF PROFITABILITY, FIRM SIZE AND FINANCIAL LEVERAGE ON INCOME SMOOTHING PRACTICES IN NON-CYCLICALS CONSUMER SECTOR LISTED IDX 2021-2023 ]]>
<![CDATA[Stella]]>;
<![CDATA[Imelda, Elsa]]>;
<![CDATA[Sastrasasmita, Emillia]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 3 No. 2 (2025): May 2025 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v3i2.993-1000
<![CDATA[The objective of this research is to ascertain how profitability, firm size, financial leverage affect income smoothing. This research utilized a quantitative approach. Purposive sampling was the method chosen and used, then this method produced 73 samples of companies listed on the Indonesia Stock Exchange for 3 periods from 2021-2023. The SPSS application was used to process data and test the hypothesis of logistic regression analysis. Accordings to the findings, income smoothing is significantly positively affected by profitability and financial leverage. On the other hand, income smoothing is unaffected by firm size.]]>
<![CDATA[LINEAR AND NON-LINEAR RELATIONSHIP OF CAPITAL STRUCTURE TO FIRM PERFORMANCE WITH AGENCY COST AS MEDIATING AND MODERATING VARIABLE ]]>
<![CDATA[Tjen, Michele]]>;
<![CDATA[Imelda, Elsa]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 3 No. 2 (2025): May 2025 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v3i2.1032-1046
<![CDATA[This study was conducted examine both linear and non linear impact of capital structure to firm performance with agency cost as both moderating and mediating variable in capital structure and firm performance relationship in non-cyclical business in Indonesia that registered to Indonesia Stock Exchange for a period on 2021-2023. Purposive sampling is done to gain sample in this research, which result to a total of 54 non-cyclical companies. This study uses STATA 17 as a statistic tools to help in analyzing the multiple regression method. MEDSEM in STATA 17 is also used to analyse the mediation effect in this study. In this study, firm performance is calculated using return on equity (ROE). The capital structure counted using leverage, and agency cost is calculated with a measurement of asset utilization ratio (AUR). The result shows that capital structure has a significant negative relationship effect on firm performance, while agency cost shows a significant positive relationship to firm performance. Capital structure resulted to a significant non-linear effect on firm performance. Capital structure doesn't not have a significant effect on firm performance when using agency cost as moderation. Agency cost doesn’t mediate capital structure to effect firm performance. So,the management center it’s attention on the achieving optimal capital structure and control the agency cost in order to increase the firm performance.]]>
<![CDATA[THE EFFECT OF IFRS ADOPTION ON REAL EARNINGS MANAGEMENT WITH THE MODERATING ROLE OF BOARD CHARACTERISTICS ]]>
<![CDATA[Nanang, Sheila Elita]]>;
<![CDATA[Imelda, Elsa]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 3 No. 2 (2025): May 2025 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24912/ijaeb.v3i2.1061-1072
<![CDATA[This study was carried out with the objective of determining the effect of International Financial Reporting Standards (IFRS) on Real Earnings Management (REM) practices using board characteristics as a moderating variable that determined by board size, board independence, CEO duality, board expertise, and gender diversity. This research employs a quantitive approach, utilizing purposive sampling technique with a sample of 31 non-cylical consumer sector companies that listed on Indonesia Stock Exchange (IDX) for the periods of 2009-2011 and 2019-2023. Data is processed using STATA application with the PCSE Estimator feature in testing the hypothesis. This research results indicate that IFRS, board independence, board expertise, and gender diversity do not exert a substantial on REM. While board size exerts a considerable negative influence on REM and CEO duality exerts a considerable positive influence on REM. In addition, it was found that board size moderates significantly positive for the correlation between IFRS and REM, where CEO duality and board expertise moderate significantly negative. However, there’s no moderating effect of board independence and gender diversity variables were found in this study. So it can be concluded that board characteristics partially moderate the correlaction between IFRS and REM.]]>
