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Impact Of Capital Structure, Intangible Assets, And Effective Tax Rate On Corporate Performance Amirah, Nishrina Nurul; Rezalia, Vinny; Lestari, Henny Setyo; Margaretha, Farah
BIMA Journal (Business, Management, & Accounting Journal) Vol. 6 No. 1 (2025)
Publisher : Perkumpulan Dosen Muda (PDM) Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37638/bima.6.1.683-690

Abstract

Purpose: This research investigates the effects of financial management strategies, specifically debt levels, intangible assets, and tangibility, on firm performance, measured by Return on Assets (ROA) and Tobin’s Q. It aims to delineate how these strategies influence operational efficiency and market valuation across various sectors. Methodology: Utilizing a quantitative approach, the study analyzes data from firms in infrastructure, media, and pharmaceutical sectors listed on the Indonesia Stock Exchange over 2019-2023. A fixed effects model is applied to understand the impact of financial strategies on firm performance. Results: The study finds that higher debt levels negatively affect profitability but positively influence market valuation. Intangible assets enhance operational profitability but have a mixed impact on market valuation, indicating a market challenge in valuing these assets accurately. Conversely, tangibility increases profitability but is perceived negatively in market valuation. Findings: The differential impact of financial strategies suggests that firms need to balance their asset and debt management to optimize both profitability and market perception. Novelty and Originality: This research contributes new insights into the nuanced roles of asset management in financial strategy, emphasizing sector-specific financial management practices. It highlights the complex interplay between financial decisions and firm performance, providing a nuanced understanding that aids strategic financial planning. Conclusion: Effective financial management involves balancing debt, tangibility, and intangible assets to enhance firm performance across various metrics. Future research could explore these relationships under different economic conditions and extend findings across other sectors. Type of Paper: Research Article
The Relationship Between Financial Performance and Profitability: An ROA and EPS Approach in the Food and Beverage Industry Murti, Pertiwi Harkitianis; Lestari, Anke Dwi; Leon, Farah Margaretha
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1: Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.8184

Abstract

This study aims to identify factors influencing profitability in the food and beverage sector listed on the Indonesia Stock Exchange. The novelty of this research lies in the inclusion of sales growth as an independent variable. The study uses panel data from 22 companies over the 2020–2024 period, totaling 110 observations. Data analysis is conducted using panel regression and Ordinary Least Squares (OLS) methods. The OLS results show that liquidity, sales growth, efficiency, and firm size positively affect ROA, while working capital and leverage have negative effects. The panel model finds that only sales growth significantly affects ROA. For EPS, OLS shows working capital, efficiency, and size as significant, while panel regression finds working capital and efficiency positive, and inflation negative. Other variables are not significant. These findings suggest that managers should improve efficiency and scale, while investors should prioritize firms with strong assets and efficient operations to enhance profitability.
The Effect of Provision and CSR on Banking Financial Performance Moderated by Non-Performing Loans Pramesti Baskoro Dewi; Margaretha, Farah; Kristian Chandra
Business and Entrepreneurial Review Vol. 25 No. 2 (2025): Oktober (In Progress)
Publisher : Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ber.v25i2.24411

Abstract

This study aims to analyze the effect of loan loss provision (LLP) and corporate social responsibility (CSR) on financial performance (FP), moderated by non-performing loans (NPL). The data used in this study are secondary data sourced from the annual reports of companies in the banking sector listed on the Indonesia Stock Exchange (IDX) during the period 2019–2023. The research sample was selected using the purposive sampling method, resulting in 35 companies that met the criteria for sampling. Multiple regression analysis using the E-Views program was used to test the hypothesis. The results showed that loan loss provision and corporate social responsibility as independent variables have a positive and significant influence on financial performance as the dependent variable. Furthermore, the non-performing loan variable, as a moderating variable, can weaken the relationship between loan loss provisions and corporate social responsibility on financial performance by exerting a negative influence. The results of this study provide insights and implications for both management and investors that a low level of non-performing loans can improve the bank's financial performance in line with increasing and maintaining the provision for impairment losses for bad loans, which in turn can also improve financial performance. Furthermore, the bank's consistency in committing to continue carrying out activities or social actions towards stakeholders is considered to have a positive impact on financial performance because a positive reputation can actually increase the company's value. With the increase in company value, it will certainly be attractive for investors to invest in the company.  
Pengaruh Likuiditas Terhadap Profitabilitas Bank Konvensional di Indonesia Nugraha Jasmin Putriyan; Nadiea Kartika Hany; Farah Margaretha Leon
Permana : Jurnal Perpajakan, Manajemen, dan Akuntansi Vol. 17 No. 3 (2025): Special Issue
Publisher : Faculty of Economics and Business, University of Pancasakti Tegal

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24905/permana.v17i3.1214

Abstract

Penelitian ini bertujuan untuk mengidentifikasi variabel-variabel yang mempengaruhi profitabilitas bank konvensional di Indonesia. Secara spesifik, penelitian ini ingin mengetahui seberapa besar peran likuiditas, kredit bermasalah, rasio pinjaman terhadap simpanan, rasio kecukupan modal, dan tingkat suku bunga dalam mempengaruhi profitabilitas bank, yang diukur melalui pengembalian aset dan pengembalian atas ekuitas. Metode penelitian ini meliputi pengumpulan data sebanyak 41 dalam kurun waktu lima tahun (2019–2023) dengan total 205 data observasi yang memenuhi kriteria, serta penerapan analisis regresi data panel dengan menggunakan software EViews 9.0. Analisis dilakukan dengan menggunakan metode ols regresi lama dan ambalan spanel. Hasil penelitian ini diharapkan dapat memberikan wawasan yang lebih komprehensif mengenai faktor internal dan eksternal yang berkontribusi terhadap kinerja keuangan bank konvensional di Indonesia.
Co-Authors ., Khairunisa ., Khairunisa ., Lyberisa ., Lyberisa Abas, Muhammad Rida Abdul Rahman, Johan Nazwar Adini, Charity Putri Adisty, Adisty Afriyanti, Evi Agustyas Widianingsih Aipah, Aipah Akam, Maharani Aulia Akram, Arie Muhamad Al Ghifari, Umar Kholifa Al Hakim, Naqib Fursan Alamsyah, Dedi Alfarizki, Alfad Alodia, Salwa Chandra Amalia, Nurul Hikmah Amilawati, Salsabillah Amirah, Nishrina Nurul Andi Irawan Andriansyah, Rizky Andriyani, Kiki Afita Anggitia, Ajeng Angie Angie Anika Yuniarti Annisa Annisa Anriasa, Lundi Anwar Anwar Ardana, I Dewa Ayu Nadya Dhanari Kirana Argoeby, Yolla Aristianti, Aldelia Putri Ashry Natasya Puteri Atikasari, Nadya Afiola Aureliea Tarisha Ayu Ekasari Azahra, Parasti Fatima Azura, Amelinda Fairuz Bahtiar Usman, Bahtiar Baliartati, Beta Oki Bangun, Bastanna Erlayas Berliana, Amalia Mega Budi Santosa Budi Santosa Budiarto, Ikhfan Budiman Budiman Budiman, Thomas Caecilia Rina Andari Catur Rahayu Chairul Amal Christianto, Yeriko Bagas Christina Dwi Astuti Dabo, Mia El Darmawan, Rexy Deril Vikri Heriyantho Derita, Anastasia Mariana Desiyanti Desiyanti Devi Devi, Devi Dewi, Pramesti Baskoro Dhonna, Asmara Diana Setiyaningrum Dillas Ligar Ramdhania Dirdia, Ringke Dirhamsyah Dirhamsyah Ega Monika Pili Eko Retno Indriyarti Elia Yulia Eston, Maria Albertina Dewanti Fachraesy, Achmad Gibran Fadilla Rahma Hayati Hayati Fahar, Intan Nibras Fajar Rahmana Fajar, Rizki Malik Fajrina, Zahrina Fauzi, Restu Agung Felix Hariyanto Firstina Nur Fadilla Garvin muhamad verdiansyah Gina Ramadhanty Ginting, Karnida Retta Giovansyah, Reihan Yusuf Graficka Dea Evoney Gumilang, Gusti Setyo Hairunnisa Hairunnisa Haitsam, Muhammad Azzam Hardin, Niar Amelia Hariyanto, Felix Haslinda, Silmi Henny Setyo Lestari Herlina Herlina Herman Situmorang Hidajat, Amelia Hidayat, Darra Pradita Hilaliya, Tasya Ida Susanti Indahyanti, Tri Indra Saputra Irfan Nafis Fatkhurrahman Irfan Putra Fadrianto Iskandar, James Islam, Annisa Izzati Isni Isni Jamaludin . Jati, Handoyo Jatmiko, Putut JR. Dwi Mas Sukma Agung Justine Tanuwijaya Kartika Sari, Putri Malynda Kartika, Nurmaya Kawengian, Fergie Rachel Kevin Herdiyanto Ardi Khairunisa, Shalsabila Khoirunnisa Primalia Krishna Aditya, Krishna Kristian Chandra Kristian Chandra Kristin, Marry Kurniawati Kuswardhana, Trias Laras Muchdianti Lestari, Anke Dwi Lestari, Henny S. Lestari, Henny Setyo Lestari, Heny Setyo Lestari, Setyani Dwi Liberty, Batara Alexander Lisa Kurnia Lucy Warsindah Lulu Qisthina Putri Lumangkun, Andro Geraldo M. Ardiansyah Maharani, Octavia Maharani, Siti Laksmi Marisa, Oktafalia Marthaningrum, Fitrianna Chandra Maryujati, Arini Giri Maulana, Muhamad Azril Maulana, Tubagus Rama Maulana, Yanda Mela Aryasari Mochamad Abdul Rochim Muchtar Hidayat Muhamad Iqbal Muhammad Dika Primaduta Muhammad Ghellwynne Farhane El Mumtaz Muhammad Naufal Muhammad Rizky Muhammad Syarif, Muhammad Muhimah, Khoirul Murdiah, Siti Muroqi, Achmad Murti, Pertiwi Harkitianis Muthia Anggraeni, Muthia Mutyarawati, Herlita Nadia Karina Harahap Nadiea Kartika Hany Neryn Septy Pamelynda Nesia Ardelia Nida Abdilla Ritonga Nilasari , Medina Nina Adriani Ningsih, Shaprillia Chandra Novethesia, Maya Novianti, Nabila Putri Nugraha Jasmin Putriyan Nur Wahyuni AR Nuralya, Firda Ulfah Nurul Hikmah Amalia Nurul, Istania Nuury Nurmelia Oscar, Yosia Ovy Noviati Nuraini Magetsari Palgunadi, Andre Panjaitan , Risduan Panjaitan, Zulkarnain Pertiwi, Silva Nurbaiti Pia Astuti Pitutur, Fajar Jati Pradana, Firmansyah Adhitya Pramesti Baskoro Dewi Pramesti, Ardhia Pramudiani, Jeni Putri Prana Sri Surya Dewi Pratama, Aganeka Pratama, Kelvin Pratama, Muhamad Davala Hadi Priana, Zalfa Zafira Prilia, Anastasia Arum Gerda Purba, Yosephina Purba, Yosephina Purba, Yosephina Endang Purwidyasari, Scholastica Meillia Putra Pratama Putri Putri, Aryanti Putri, Balqis Zaskia Olivia Putri, Fara Ghassani Putri, Indira Pramestya Putri, Sherly Cheisa Radhiyya, Khalisha Rafif, Ghaissan Rahayu, Ismi Kurnia Ningsih Rahmawati, Ulfi Naria Ramadania, Zafira Ramadhini, Andjani Putri Ratna Isnaini Renaldi, Eki Reskika, Nadira Reyhan Sofian Savero Reza Arief Pambudhi Reza, Heru Kreshna Rezalia, Vinny Ria, Fanny Roswita Ricardo, Wilson Ricky Rifqi Pandu Kusuma Risduan Panjaitan Rombebunga, Meyjerd Rosalina, Linda Rosidah Panjaitan Sajida, Yusrina Almas Salshabilla, Vilda Lebbytha Dianie Sandro Dananjaya Sandy, Nuroksihah Putri Sanjaya, Ricky Saputra*, Justin Sasantyarini, Sasantyarini Selamet Riyadi Setyo Lestari, Henny Siagian, Belinda Mora Sigit Pamungkas Silfhia, Mega Silmi Haslinda Simamora, Asnita Simanjorang, Grecia Alvionita Sita Noveni Raudha Situmorang, Angeline Marcelina SL, Henny sofiah baisa Sony Hendrawan Sopandi, Destya Amelia Rachmawati Sudarmanto, Didik Sudrajat, Anastasya Yulianti Suhardono, Adhyatma Ndaru Sukmamuliawanty, Elza Sulistomo, Akmal Sultanali, Suleiman Susy Muchtar, Susy Talitha Syahda Tsaabitah Aleatuffaahatie Tsakilla, Mawjihan Udipta, Rizky Prastya Umayaksa, Fitra Amalya Upekca, I Wayan Astu Utami, Rahmalia Utari, Leli Veronika Mutianingsih Villia Nikmatul Khasanah, Villia Nikmatul Vina Octaviani Wahyuni Rusliyana Sari Wahyuni, Lidia Walidaeni, Ihsanul Wardana, Nofrizal Bagas Wicaksono, Ignatius Henry Widiastuti, Maria C Widyastuti, Hindarsih Wiguna, Utomo Adi Wijaya, Dewi Deliana Wildan Wildan Willy Arafah, Willy Wina Winarto, Reza Muhamad Yohanis, Yohanis Yongki , Yongki Yongki Yongki Yuannitha, Indri Ilma Yudha, Andhika Purnama Yudo, Ardono Sepdantyo Yuwono, Y.