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Examining the effects of financial performance, corporate governance, and corporate social responsibility on company value amid the COVID-19 pandemic Adelia Febriani; Muhammad Fahmi; Nina Febriana Dosinta
Journal of Enterprise and Development (JED) Vol. 6 No. 2 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i2.10635

Abstract

Purpose — The study aimed to examine the impact of financial performance, good corporate governance, and corporate social responsibility on the value of SRI Kehati index companies during the COVID-19 pandemic, specifically from 2020 to 2022.Method — This study employs a causal quantitative analysis approach to determine the cause-and-effect relationship between the independent and dependent variables. Data were collected from the annual reports and sustainability reports of companies listed on the IDX and included in the SRI Kehati index during the COVID-19 pandemic. The analysis technique used in this study is panel data regression analysis, encompassing multiple companies and years. After data collection, Eviews 12 is used to process the data.Result — The findings of this study indicate that profitability has a significant impact on the value of SRI Kehati index firms. However, leverage, institutional ownership, and corporate social responsibility do not have a significant effect on the value of these companies.Novelty — The originality of this study stems from its sample, which consists of companies included in the SRI Kehati index listed on the IDX. The conclusions of this study also contradict earlier research. Previous studies have found that leverage, institutional ownership, and corporate social responsibility significantly impact firm value. However, in this study, these three factors did not affect company value.
The Effect of Liquidity, Solvency, Profitability, and Company Size on Financial Performance of Transportation and Logistics Companies Julianus Fredo; Djunita Permata Indah; Muhammad Fahmi
Research Horizon Vol. 6 No. 4 (2026): Research Horizon - Agustus 2026
Publisher : LifeSciFi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54518/rh.6.4.2026.1440

Abstract

The transportation and logistics sector plays a vital role in supporting economic activities. Yet, post-pandemic recovery has not resulted in uniform financial performance among companies, highlighting the importance of examining the factors that influence their financial performance. This study aims to analyze the influence of liquidity, solvency, profitability, and company size on the financial performance of companies in the transportation and logistics sectors listed on the IDX for 2021-2025. The method used was quantitative descriptive with secondary data of financial statements, a sample of 15 companies with purposive sampling, and regression analysis of panel data using EViews 13. The results of the study partially showed that profitability had a significant effect on financial performance, while liquidity, solvency, and company size did not have a significant effect. However, simultaneously, all variables have a significant effect. In conclusion, profitability is the main factor in supporting the improvement of the company’s financial performance. These findings imply that companies should prioritize profitability management to strengthen financial performance sustainably.