Herni Kurniawati
Faculty of Economics and Business, Universitas Tarumanagara, Jakarta, Indonesia

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THE IMPACT OF FEMALE DIRECTORS, DIRECTOR DUALITY, AND FINANCIAL PERFORMANCE ON THE INDONESIAN BANKING BOARD OF DIRECTORS’ COMPENSATION Herni Kurniawati; Yustina Peniyanti Jap
International Journal of Application on Economics and Business Vol. 4 No. 1 (2026): February 2026
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v4i1.195-206

Abstract

Over the past few decades, the topic of board of directors' compensation has drawn a lot of scholarly attention. It is believed that the compensation is appropriate in order to make employees happy and motivated to work for the company in order to achieve the goals of stakeholders. A number of factors, including the percentage of women on the board, the duality of members, and the bank's financial performance, affect how much compensation the board of directors receives. The purpose of this study is to demonstrate empirically how financial success, the presence of female directors, and director duality impact the salary that directors earn. The research sample consists of banking businesses from 2019 to 2023, and the research methodology is quantitative description utilizing annual report data. The eViews 12 software tool aids in this research. The findings of this study indicate that the number of female directors and the bank's financial success have an impact on the amount of compensation paid to directors; the former increases while the latter decreases. However, it has been demonstrated that the compensation of bank directors is unaffected by the duality of the board of directors.
THE EFFECT OF ACTIVITY, PROFITABILITY, LIQUIDITY, AND SALES GROWTH ON THE FINANCIAL DISTRESS OF PROPERTY AND REAL ESTATE COMPANIES Herni Kurniawati; Sriwati Sriwati; Verawati Verawati
International Journal of Application on Economics and Business Vol. 4 No. 2 (2026): May 2026
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v4i2.595-607

Abstract

The property crisis in China brings various complex impacts for Indonesia. From the reduction of foreign investment, the decline in commodity demand, to financial market instability, all of this requires Indonesia to be prepared and adaptive in facing changes. The government and business actors need to take strategic steps to mitigate the negative impacts and seize the opportunities that arise amidst these challenges. Therefore, initial steps are needed to detect financial distress in Indonesian property and real estate companies using financial ratios. Financial ratios are indicators of financial performance that can predict companies experiencing a decline in financial performance, which tend to face financial distress. The objective of this research is to empirically examine how activity ratio, profitability ratio, liquidity ratio, and sales growth ratio can affect the financial distress condition of companies in the property and real estate sector for the period 2019-2024The utilized research design is descriptive, incorporating a quantitative method through panel data regression analysis. The findings indicate that the activity and profitability ratios negatively influence financial distress, whereas the liquidity ratio positively impacts financial distress for property and real estate firms. Additionally, the sales growth ratio does not adversely affect the financial distress situation of property and real estate firms.