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The Effect of Financial Performance on Stock Prices in Food and Beverage Manufacturing Companies Listed on the Indonesia Stock Exchange Riyan, Riyan Dika Pratama; Dika Pratama, Riyan; Setiawan sapitra, Ade; Rasita, Elya
Systematic Literature Review Journal Vol. 1 No. 2 (2025): April : Systematic Literature Review Journal
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/slrj.v1i2.201

Abstract

Using the Systematic Literature Review (SLR) method, the purpose of this study is to investigate the effect of financial performance on the stock prices of food and beverage manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2024. The financial performance factors analyzed include Return on Assets (ROA), Current Ratio (CR), Debt to Equity Ratio (DER), and Return on Investment (ROI). Data were collected from fifteen nationally accredited scientific articles published during the period and were eligible for inclusion. The results show that Return on Assets (ROA) consistently has a positive effect on stock prices, making it the most important indicator to attract investors. Since investors prioritize profitability over short-term liquidity, Current Ratio (CR) is usually not very influential. Debt to Equity Ratio (DER) results vary depending on the debt condition of companies and their financial plans. However, Return on Investment (ROI), which has not been studied much, seems to have a significant impact on stock prices and is starting to attract the attention of investors in the food and beverage industry. This study helps by providing a comprehensive picture of the pattern of influence of financial ratios on stock prices and complements the shortcomings of current research, especially regarding the ROI variable which is still minimal in previous studies. It is hoped that these findings will help investors, company management, academics, and regulators make decisions and create investment strategies in the Indonesian capital market.
ANALISIS PENERAPAN TARGET COSTING SEBAGAI SISTEM PENGENDALIAN BIAYA PRODUKSI: SYSTEMATIC LITERATURE REVIEW Sagita, Virni; Dika Pratama, Riyan; Setiawan sapitra, Ade
Journal of Management and Innovation Entrepreneurship (JMIE) Vol. 3 No. 2 (2026): January
Publisher : Yayasan Nuraini Ibrahim Mandiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70248/jmie.v3i2.2677

Abstract

Perusahaan harus tetap kompetitif di era globalisasi dengan meningkatkan efisiensi produksi tanpa mengurangi kualitas produk mereka. Ada kemungkinan untuk menggunakan pendekatan target biaya. Ini adalah proses yang terdiri dari menentukan harga jual produk berdasarkan harga pasar dan harapan pelanggan, kemudian merancang biaya produksi untuk mencapai target laba yang diharapkan. Studi ini melihat bagaimana menggunakan target biaya sebagai metode untuk mengontrol biaya produksi. Studi ini dipublikasikan pada tahun 2023–2025 dan menggunakan pendekatan review literatur sistematis (SLR). Hasil penelitian menunjukkan bahwa target biaya terbukti efektif untuk menurunkan biaya bahan baku, tenaga kerja, dan overhead pabrik serta meningkatkan efisiensi dan profitabilitas bisnis di berbagai industri, termasuk jasa, manufaktur, dan usaha kecil dan menengah (UMKM). Selain itu, teknik ini akan bekerja lebih baik ketika dikombinasikan dengan nilai engineering dan pengeluaran berbasis aktivitas (ABC). Hasil ini mendukung gagasan bahwa target biaya bukan hanya alat untuk meningkatkan efisiensi biaya tetapi juga strategi manajemen laba yang dapat disesuaikan dengan dinamika pasar kontemporer.