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Determinants of the Financial Performance: Evidence from Indonesian Manufacturing Companies Permatasari Cahyaningdyah; Mukti Prasaja; Abdurrahman Maulana Yusuf
Jurnal Internasional Bisnis, Humaniora, Pendidikan dan Ilmu Sosial Vol 5 No 1 (2023): International Journal of Business, Humanities, Education and Social Sciences
Publisher : Universitas Teknologi Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46923/ijbhes.v5i1.235

Abstract

This study aims to investigate the determinants of the financial performance of manufacturing companies in Indonesia. Financial performance is proxied by return on assets, while the determining factors in this study include capital structure (leverage), institutional ownership, audit quality, and firm size. This study uses a quantitative method. The samples were determined through the purposive sampling method, which resulted in a sample of 112 manufacturing companies in Indonesia during the 2018-2020 period—hypothesis testing by performing multiple linear regression using STATA. The results show that leverage and audit quality significantly influence the company's financial performance. Meanwhile, institutional ownership and company size do not affect the financial performance of manufacturing companies in Indonesia.
Financial Statement Analysis in the Technology Sub-Sector Companies Listed on the Indonesian Stock Exchange Halleina Rejeki Putri Hartono; Ulfa Rahmawati; Permatasari Cahyaningdyah; Nova Maulud Widodo; Diah Sulis Setyawati
International Journal of Business and Applied Economics Vol. 2 No. 5 (2023): September 2023
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijbae.v2i5.6359

Abstract

This research aims to determine the performance of financial reports based on financial ratio analysis for technology sub-sector companies listed on the Indonesia Stock Exchange. The financial reports used are for the last five years. The method used is descriptive analysis. The financial ratios used are the liquidity ratio, solvency ratio, profitability ratio, and activity ratio. The results of this research show that there are companies in this industry that have had thin profitability for several years. Another thing shows that companies in this industry depend on debt, but there has been an improvement in company liquidity as well.