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Contact Name
Hadi Ismanto
Contact Email
generatedpjbfi@gmail.com
Phone
+62-82226962023
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Jl. Bugel KM 2 Troso Village RT 6 RW 3 No. 6, Pecangaan District, Jepara Regency, Central Java
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INDONESIA
Journal of Banks and Financial Institutions
ISSN : -     EISSN : 30899761     DOI : http://doi.org/10.70764/gdpu-jbfi
Core Subject : Economy,
Aim Contributions in quantitative finance, mathematical finance, real estate finance, law finance, accounting, International trade, financing and investments, and related cash and credit transactions, have grown at an extremely rapid pace in recent years. The international monetary system has continued to evolve to accommodate the need for foreign-currency-denominated transactions and in the process has provided opportunities for its ongoing observation and study. Therefore, journal Bank and Financial Institutions over to who have manuscripts focused on finance, banking, financial institutions, and financial technology. Only articles with contributions will be published. Scope  Banking issue Scopes related to: Banking Efficiency; Banking Regulation; Bank Solvency and Capital Structure; Bank Management (HRM Banking, Bank Marketing, Bank Operations); Bank Fund Management; Credit; Bank CSR; Financial Stability; e-Banking; Foreign Exchange Management, Investment Banking; International Banking; Islamic Banking; Bank Liquidity Management; Monetary and Fiscal Policy Decision Making; Online Banking; Banking for Retail; Banking for MSMEs.  Finance issue Scopes related to: Financial Accounting and Reporting; Investment Alternatives; Asset Valuation; Behavioral Finance; Corporate Finance; Corporate Governance and Ethics; Hedging and Derivative Finance; Empirical Finance; Financial Accounting; Financial Economics; Financial Engineering; Financial Forecasting; Financial Literacy; Financial Risk Management and Analysis; Financial Technology; International Finance; Portfolio Optimization and Trading; Regulation of Financial Markets and Institutions; Rural Finance; Stochastic Models for Asset and Instrument Pricing; Systemic Risk; Taxation.  Risk management issue Scopes related to: Risk management, Market risk, Financial risk, Credit risk, Operational risk, Portfolio strategy and management, Risk modelling, Liquidity risk, Stress testing, Commercial lending, Compliance and auditing, Quantitative risk, Interest rate risk, Trading risk, Treasury and finance; as well as, Risk analysts and economists, Central bankers and financial regulators, Risk consultants and service providers  Financial markets issue Scopes related to: International financial markets, International securities markets, Foreign exchange markets, Eurocurrency markets, International syndications, Term structures of Eurocurrency rates, Determination of exchange rates, Information, speculation, and parity, Forward rates and swaps, International payment mechanisms, International commercial banking, International investment banking, Central bank intervention, International monetary systems.
Arjuna Subject : Umum - Umum
Articles 1 Documents
Evaluating PT Unilever Indonesia Financial Performance amid Consumer Boycotts Using the DuPont Model Arifah, Aida Nur
Journal of Banks and Financial Institutions Vol 2 No 1 (2026)
Publisher : Generate Digital Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70764/gdpu-jbfi.2026.2(1)-1

Abstract

Objective: This study analyzes the financial performance of PT Unilever for the 2021–2023 period in response to of the impact of the Boycott, Divestment, and Sanctions (BDS) movement arising from the Israel–Palestine conflict, using the DuPont System method. Research Design & Methods: This study adopts a quantitative descriptive approach using secondary data derived from the company’s financial statements, including balance sheets and income statements. The analysis employs the DuPont System, consisting of Net Profit Margin (NPM), Total Asset Turnover (TATO), and Return on Investment (ROI), to evaluate financial performance comprehensively. Findings: The results indicate that PT Unilever’s financial performance fluctuated over the observed period, improving in 2022 but declining significantly in 2023. This deterioration is reflected in decreasing NPM, TATO, and ROI values, suggesting reduced operational efficiency and profitability. Contributions: This study contributes to the literature on financial performance analysis using the Du Pont System and offers an additional perspective on the impact of external factors, specifically, consumer boycott movements on the performance of multinational companies. Novelty: The novelty of this study lies in integrating financial performance analysis with a global socio-political phenomenon, namely the BDS movement, which has rarely been explored in corporate finance studies in Indonesia

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