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Existing research separately examines factors like qualification, tenure, and independence in relation to financial performance, overlooking the potential combined or interactive effects. This research intends to determine the role of the board of directors in addressing future challenges encountered by Indonesian state-owned enterprises. The research methodology involves quantitatively correlating independent and dependent variables, with or without variable control, utilizing nine financial ratios to assess firm conditions. The study utilized secondary data from financial statements and annual disclosures of Indonesian state enterprises from 2009 to 2016. The findings indicated that firstly, the degree, whether with or without control variables, is associated with Return on Asset and Fixed Asset Turnover. Secondly, board tenure, with or without control variables, does not exhibit a correlation with financial performance. Thirdly, the size of the independent board of directors, with control variables, does not correlate with financial performance, whereas without control variables, it is correlated with Net Profit Margin and Cash Ratio. This study introduces a new concept of board performance to predict bankruptcy indicators in companies, considering their Return on Assets (ROA) and Fixed Asset Turnover. [ABSTRACT FROM AUTHOR]

Financial distress is a condition where the company cannot or has difficulty fulfilling its obligations to creditors. This study aims to analyze the effect of profitability, sales growth, leverage, cash flow ratio and managerial ownership on financial distress in nonfinancial companies on the Indonesia Stock Exchange for the 2020-2022 period. The sampling technique used in this study was purposive sampling. A total of 411 companies have met the criteria as observation units. The analysis method used is multiple linear regression analysis. The results provide empirical evidence that profitability, leverage, and cash flow ratios affect financial distress. Meanwhile, sales growth and managerial ownership have no effect on financial distress. [ABSTRACT FROM AUTHOR]

This study aims to provide empirical evidence on the impact of fundamental factors on stock prices. The factors identified in this study include the current ratio, return on assets, debt to equity ratio, earning per share, and price earnings ratio. The study was conducted on 20 manufacturing companies in the basic industry and chemical sector listed on the Indonesia stock exchange during 2019-2021. The purposive sampling method was used to select the sample. The multiple regression model was employed as a statistical testing tool. The study found that return on assets and earning per share have a significant and positive impact on stock prices, consistent with the hypothesis. However, the current ratio, debt Equity ratio, and price earnings ratio do not significantly impact stock prices [ABSTRACT FROM AUTHOR]

This study aims to analyze the influence of the current ratio, inventory turnover, debt to equity, and company size on profit growth in various sub-industry companies listed on the Indonesian stock exchange. The sample in this study were 22 companies for the research period of 2015-2017, with the sampling method used purposive sampling. The test used in this study is the classic assumption test (normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test), multiple linear regression is used as an analysis tool and to test the hypothesis used t-test, f-test and R² test. The linear regression equation answers Y = -60.03827 + 23.127291X1 + 9.931366X2 + 7.706515X3 - 2.907177X4. The results of the study show that there is a positive and significant influence between the Current ratio on earnings growth, indicating that poor company liquidity will affect the decline in the value of profits in various subindustry companies. Inventory Turnover has a positive and significant effect indicating the effectiveness of inventory turnover to increase profit growth in various sub-industry companies. Debt to Equity and company size have no effect on profit growth in various industrial Sub companies listed on the Indonesia stock exchange. [ABSTRACT FROM AUTHOR]

This study aims to improve the financial performance measurement system that uses the financial ratios of the Puskas but is still partial, so it cannot measure performance in aggregate. This research method uses a case study with an analysis of BAZNAS and LAZ located in East Java, Indonesia. Data collection techniques using documentation. Analysis techniques formulate, measure, and compare the financial performance of BAZNAS and LAZ using the Miles and Huberman approach, which consists of; (a) data collection; (b) data reduction; (c) display data, and (d) conclusion drawing/verification. Researchers have formulated a measurement of the financial performance of zakat management organizations, both BAZNAS and LAZ, in the aggregate by entering weights into each Puskas ratio of 36 ratios and classifying financial performance categories into five categories of financial performance in the very bad category with weight one, a bad category with weight two, a sufficient category with weight three, a good category with weight four and excellent category with weight five. Based on the formulation of aggregate financial performance measurement in 2020, BAZNAS Lumajang Regency ranked 1st, BAZNAS Gresik Regency ranked 2nd, LAZ LMI Surabaya ranked 3rd, BAZNAS Jombang Regency was ranked 4th, and LAZ Nurul Hayat was ranked 5th. Based on the average value of BAZNAS's financial performance in 2020, the average value of BAZNAS' financial performance was higher than the average value of LAZ's financial performance. Modified financial performance measurement formulas can enrich studies in the science of financial statement analysis for non-profit organizations. [ABSTRACT FROM AUTHOR]

This study examines the effect of Debt-to-Equity Ratio (DER), return on assets (ROA), current ratio (CR), and total asset turnover (TATO) on stock prices with their Intrinsic Value as intervening variables in retail companies in Indonesia. Data regarding retail companies were obtained from the Indonesia Stock Exchange, and secondary data on these companies' financial ratios were collected from Stockbit. Stock price data were sourced from Yahoo Finance, and the intrinsic value of shares was determined using the price-to-earning ratio method. Drawing on structural equation modeling, the findings demonstrate that DER and ROA exert a positive and statistically significant effect on intrinsic value. TATO, on the other hand, exhibits a negative and statistically significant effect on intrinsic value, while CR demonstrates a negative and non-significant effect. Regarding stock prices, DER and CR have a negative and statistically significant effect, while ROA and Intrinsic Value have a positive and statistically significant effect. TATO, however, shows a negative and non-significant effect on stock prices. Furthermore, DER has a positive and nonsignificant effect on stock prices through intrinsic value, whereas ROA has a positive and statistically significant effect on stock prices through intrinsic value. CR, on the other hand, exhibits a negative and non-significant effect on stock prices through intrinsic value, and TATO demonstrates a negative and statistically significant effect on stock prices through intrinsic value. [ABSTRACT FROM AUTHOR]

The purpose of this study is to examine how financial distress is affected by liquidity, activity, profitability, and leverage in real estate and property companies that are listed on the Indonesia Stock Exchange between 2019 and 2022. This study is inspired by the recent financial distress of major industry participants such as FORZ, COWL, MYRX, and ARMY. The approach in this study is quantitative, and the data was gathered using a documentation technique with a sample of 33 companies. This study is conducted with panel data regression using Eviews 12. The results of this study reveal that liquidity, activity, profitability, and leverage simultaneously have a significant impact on financial distress. Liquidity and profitability partially exhibit negative and significant effects on financial distress, while leverage has a positive and significant impact on financial distress. However, activity alone does not significantly affect financial distress. In addition, the findings affirm that the risk of financial distress can be influenced by financial factors such as liquidity, activity, profitability, and leverage. [ABSTRACT FROM AUTHOR]

The purpose of this research is to provide information on whether the COVID-19 pandemic had an impact on banking in Indonesia, especially for banks listed on the Indonesia Stock Exchange. The impact on banking was measured by using financial performance ratios, namely nonperforming loan (NPL), operating expenses to operating income (BOPO), net interest margin (NIM), and liquidity coverage ratio (LCR). Researchers used comparative data on financial statements, namely in 2019 and 2020. The tool used by researchers to process research data was SPSS 24. Researchers used different test methods to determine the impact of the Covid-19 pandemic on the financial performance of the banking sector. The results showed that the Covid-19 pandemic had affected the financial performance of the banking sector. [ABSTRACT FROM AUTHOR]

This empirical study aims to analyze the financial ratios that can predict financial distress in property and real estate companies listed on the Indonesia Stock Exchange (IDX) from 2016 to 2020. The study employs a quantitative approach with multiple linear regression analysis using eviews software. The data used in this study are secondary data obtained from the annual financial reports of the companies listed on the IDX. The study analyzes the potential for financial distress in the property and real estate sector and identifies the financial ratios that can predict financial distress. The results can provide insights for investors, regulators, and policymakers in identifying the potential for financial distress in the property and real estate sector. The study can also help companies in the sector to improve their financial performance and avoid financial distress. The study contributes to the existing literature on financial distress prediction models and provides empirical evidence on the effectiveness of financial ratios in predicting financial distress in the property and real estate sector. [ABSTRACT FROM AUTHOR]

The Covid-19 pandemic that occurred has damaged the economy of Indonesia and even the world. This poses a threat to companies in various sectors. Thus, this study aims to examine the role of financial ratios (current ratio, debt to asset ratio, return on assets, total asset turnover, sales growth) and macroeconomic factors (lending rate) in predicting potential bankruptcy conditions in transportation and health companies in Indonesia during the Covid-19 pandemic. The study was conducted with the Altman Z-Score of developing countries measured by the panel data regression method. The data used in this study were secondary data obtained from the Thomson-Reuter data stream. The population of this study is companies listed on the Indonesia Stock Exchange (IDX) for the 2020-2021 period with a sample of 69 companies. Based on the results of the research, it was found that the factors of the current ratio, debt-to-asset ratio, and sales growth have a significant effect on the potential bankruptcy of the company. This research is limited by relevant data and time during the Covid-19 pandemic. [ABSTRACT FROM AUTHOR]

This study investigates the impact of liquidity, profitability, and leverage ratios on financial distress in mining companies listed on the Indonesia Stock Exchange. It posits that higher liquidity in a company correlates with reduced financial distress. The research encompasses eight mining companies observed from 2016 to 2020. Purposive sampling was employed to select a sample of eight companies meeting specific criteria. The study utilizes multiple linear regression analysis as its analytical approach. The findings, significant at the 5% level, reveal that liquidity, profitability, and leverage ratios collectively exert a substantial influence on financial distress, accounting for 85.3% of the variance in the dependent variable. Specifically, the study concludes that: 1) Liquidity has a significant negative effect on financial distress, 2) Profitability also demonstrates a significant negative impact on financial distress, and 3) Leverage exhibits a significant positive effect on financial distress. [ABSTRACT FROM AUTHOR]

The objective of this study is to examine, quantify, and analyze the variations in the financial performance of companies operating in the hotel, restaurant, and tourism subsector that are listed on the Indonesia Stock Exchange (BEI). The analysis focuses on the years 2019 (pre-COVID-19) and 2020–2021 (during the COVID-19 pandemic). Key financial ratios, including the return on assets, the current ratio, the debt-to-equity ratio, and the total asset turnover, are employed to assess the companies' performance. The study's target population comprises hotel, restaurant, and tourism businesses operating between 2019 and 2021. Sample selection employs purposive sampling based on specific criteria. Data analysis encompasses descriptive statistical analysis and the Kolmogorov-Smirnov normality test, which reveals non)normal data distributions. Consequentially, a non-parametric hypothesis test, the Wilcoxon signed the rank test, is employed to determine differences. The findings indicate significant variations in return on assets, the current ratio, the debt-to-equity ratio, and the total asset turnover between the pre-pandemic year of 2019 and the pandemic years of 2020 and 2021. [ABSTRACT FROM AUTHOR]

The objective of this study is to examine the relationship between various factors and the performance of Islamic commercial banks in Indonesia over the next 12 periods. The variables considered include NonPerforming Assets, Capital Adequacy Ratio, Insolvency-risk, Inflation, Financial Technology, and Bank Size. The research methodology employed is a quantitative approach with a descriptive analysis. The sampling technique utilized is saturated sampling, resulting in a total of 96 data points. The findings indicate that the Non-Performing Assets (NPA) variable has a significant impact on Return on Assets (ROA), while the ROA variable does not significantly affect the NPA variable. Additionally, the inflation variable does not have a statistically significant effect on ROA, and vice versa. In the short term, the variables that influence bank performance are NPA, Capital Adequacy Ratio, Insolvency-risk, Financial Technology, and Bank Size. In the long term, significant factors influencing bank performance are NPA, Insolvency-risk, Financial Technology, and Bank Size. The Impulse Response Function (IRF) test demonstrates that ROA shows a positive response to the impact of NPA, Capital Adequacy Ratio, Inflation, Financial Technology, and Bank Size, while it exhibits a negative response to shocks caused by inflation. Throughout the study period, the variable with the greatest contribution remains Financial Technology, followed by other variables. Ultimately, the aim of this study is to provide insights for future policy implementation and decision-making within companies. [ABSTRACT FROM AUTHOR]

Purpose: This study is conducted to determine the factors that affect profitability in Indonesia listed companies by using financial ratios. Four independent variables (liquidity, intangible assets, working capital, and company leverage) were empirically tested to determine their relationships with profitability. Method: The data set covers 100 companies during the period of 2019 – 2021, and a random selection method was used in order to achieve credibility and fairness as much as possible and hypotheses were tested using a pooled ordinary least square regression model Findings: These findings show that firm size, working capital, and firm efficiency have a positive and significant relationship with profitability. In addition, these findings show a negative and significant relationship between liquidity and EPS and debt to equity ratio with ROA and EPS, but show a negative insignificant relationship with ROA. This means that the company suffers from low profitability due to the inefficient use of current assets. Interestingly, leverage shows mixed results, debt to equity ratio shows a negative and significant relationship with ROA and EPS, while leverage ratio shows a positive but insignificant relationship with ROA and EPS. In other words, profitability will increase only up to certain point. Novelty: This study differs than previous studies in number of aspects: First, this study examines the impact of four independent factors and two control variables that some of them are new in the context of research in Indonesia such as intangible assets. Second, previous studies focus on financial industry such as banks, however this study focuses on non-financial industry. [ABSTRACT FROM AUTHOR]

Measuring financial performance by analyzing factors affecting profit is an important component of financial management. The role of profit in Sharia banking is not only limited to determining good or bad financial performance but also determines how much tax must be paid by bank to the state. Taxes for the government are a source of income but for Sharia bank a tax expenditure is a cost that will reduce the profit account in the income statement. This study aims to determine the effect of deferred tax and tax-to-book ratio on financial performance of the Sharia Commercial Banks in Indonesia. 10 Sharia Commercial Banks represented the sample in this study and were purposefully selected based on consideration of the following criteria: a) bank has published annual financial reports for the 2014-2020 period; b) bank has the recognition of deferred tax expenses and benefits and has an explanation of taxation in the notes to the financial statements; c) bank reported the value of net income and total assets by publishing the audited financial statements. The panel data used for the analysis covers the period 2014-2020. Before testing the model, the assumption tests performed were the normality test, multicollinearity test, and heteroscedasticity test. The data analysis technique uses panel data regression analysis with the selected model - Fixed Effect Model with the Hausman test approach. The results of this study show that the deferred tax variable has a negative and significant effect on financial performance (ROA). In contrast, the tax-to-book ratio does not influence financial performance. This situation is caused by the Sharia Commercial Banks in Indonesia experiencing the burden of deferred tax. In addition, due to the amount of deferred tax expense that Sharia Commercial Banks must issue, this will reduce net profit. As a result, the banks' financial performance decreases as measured by return on assets. Thus, management of the Sharia commercial banks in Indonesia should consider that the imposition of tax payable has implications for reducing financial performance. [ABSTRACT FROM AUTHOR]

Profitability is one indicator appropriate for measuring performance within a company. This study aims to determine the effect of financial ratios, namely, the influence of Current Ratio, Debt to Equity Ratio, Total Assets Turnover, Net Profit Margin, Return on Equity, Price to Earnings Ratio, and Company Reputation. Specifically, the study seeks to find out which ratio has the effect on the stock price of financial sector companies listed on the Indonesia Stock Exchange from 2016 to 2020. This study uses secondary data, where the data obtained from existing sources. The results show that there are only two variables, namely Current Ratio (CR) and Return on Equity (ROE) that affect stock prices in financial sector companies which were listed on the Indonesia Stock Exchange from 2016 to 2020. [ABSTRACT FROM AUTHOR]

Purpose -- This study investigates the relationship between commercial and social activities in Indonesian Islamic banks. Method -- This study employed a Panel Vector Error Correction Model (PVAR) model with Impulse Response Function (I.R.F), Variance Decomposition (V.D.C), and Granger Causality. Observations were conducted from 2010 to 2020 on eight Islamic banks in Indonesia, representing 72.72 percent of the total Islamic banking population in Indonesia. The collecting of data pertains to the yearly financial report. Social activities are based on the amount of zakat fund distribution (ZKT) and benevolence fund distribution (DKB). Commercial activities are based on Islamic banking financial ratios that are proxied by Return on Assets (ROA), Financing to Deposit Ratio (FDR), and Non-Performing Financing (NPF). Result -- The results showed that social activities in Indonesian Islamic banks are influenced by their commercial activities, but it does not apply vice versa. In other words, there is a one-way relationship between commercial and social activities in Indonesian Islamic banks. Contribution -- This study contributes by studying the relationship between commercial and social activities by using the PVAR model with the analysis of Impulse Response Function (I.R.F), Variance Decomposition (V.D.C), and Granger Causality which so far have not been explored. [ABSTRACT FROM AUTHOR]

The purpose of this study is to determine the development of Sharia Banks in Indonesia, which is experiencing global challenges with slowing conditions and high uncertainty from the global economy. Changes in the global economy will continue and affect the dynamics of the world economy in 2019. Efforts to restore confidence in the Indonesian banking world through restructuring and recapitalization can have long-term and fundamental impacts, so it requires adherence to the principles of prudence and implementation of corporate governance as well as effective supervision of bank supervisory authority. Based on these reasons, it is necessary to conduct research on corporate governance and financial performance on the sustainable business of Islamic banking in Indonesia.The research was conducted at Sharia Banks in Indonesia according to population criteria and samples with a saturated sampling method using all Islamic commercial banks as the population, namely there are 9 (nine) Islamic commercial banks. This research uses data analysis technique Partial Least square (PLS) which is more predictive model.The results showed that corporate governance had no significant effect on sustainable business and had a significant effect on financial performance. Financial performance has a significant effect on sustainable business. Financial performance does not have a significant effect on sustainable business and does not show full mediation between corporate governance and sustainable business. The limitation of this research is that it does not classify Islamic Commercial Banks according to the type and number of assets. Based on the research results, the ratio as one of the tools to measure the financial performance of Islamic banks is in accordance with the Islamic bank financing scheme in Indonesia which is more dominated by financing. Good corporate governance is able to improve financial performance, even though performance has not become a full mediation between corporate governance and the sustainable business of Islamic banking in Indonesia. [ABSTRACT FROM AUTHOR]

This study aims to analyze the development and soundness of banks from financial performance ratios in banking companies listed on the IDX in 2016-2021 using the RGEC approach; analyze the effect of the ratios used in RGEC on stock returns in banking companies listed on the IDX in 2016-2019 or before Covid19; analyzed the effect of the ratios used in RGEC on stock returns in banking companies listed on the IDX in 2020-2021 or during the Covid-19 pandemic. The sample consisted of the banking sub-sector listed on the IDX in the period 2016 to 2021. The data analyzed using the RGEC method. Based on the calculation of bank rating (bank soundness level), it can be seen that the key figures for the risk profile, GCG, earning and equity (RGEC) in the banking sub-sector listed on the IDX developed well in 2016-2021 in the banking sector on average from 39 banks studied. There are 11 Banks that are in Composite Rating 1 (Very Healthy), 25 Banks are on Composite Rating 2 (Healthy) and 3 Banks are on Composite Rating 3 (Sufficiently Healthy). Based on the results of panel regression tests in 2016-2019 (before Covid-19), bank rating (bank soundness level) which include risk profile (NPL and LDR), GCG, earnings (ROA and NIM) and equity (CAR) together have an effect of 28.89% of bank stock returns and 71.11% of stock returns are influenced by other factors outside the variables studied. However, based on the p-value results, the variables NPL, GCG, NIM and CAR have no significant effect on bank stock returns, while the LDR and ROA variables have a significant effect on stock returns. In general, the soundness of banks listed on the IDX is in a healthy condition. Whereas the results of panel regression tests in 2020-2021 (after Covid-19), bank rating (bank soundness level) which include risk profile (NPL and LDR), GCG, earnings (ROA and NIM) and equity (CAR) together have an effect of 4.93% of bank stock returns and 95.07% of stock returns are influenced by other factors outside the variables studied. However, based on the results of the p-value variables, NPL, LDR, GCG, ROA, NIM and CAR have no significant effect on bank stock returns. However, in general, the health level of banks listed on the IDX during the Covid-19 pandemic is in a healthy condition. [ABSTRACT FROM AUTHOR]

After the 2008 global financial crisis, authorities across the globe stressed the importance of equity capital to absorb losses. While many countries have raised bank capital adequacy requirements (CARs), the comprehensive impact assessment of this policy for emerging economies remains largely unexplored. We use a financial computable general equilibrium (FCGE) model of Indonesia called AMELIA-F to investigate the economy-wide impact of a 100 basis points increase in the CAR of Indonesian banks. Bank balance sheets contract as they move away from holding riskier assets, aiding macroeconomic stability. However, both non-housing and housing investment contract as banks pass on higher funding costs, driving long-run real GDP below baseline. As we discuss, debt-to-equity ratios for these sectors, and the economy-wide private debt to income ratio all fall, thus aiding long-run macroeconomic stability. [ABSTRACT FROM AUTHOR]

This study aims to determine or analyze financial performance to measure the soundness of banks at PT. Bank Rakyat Indonesia (Persero) Tbk in 2018 to 2020 to see if PT. Bank Rakyat Indonesia (Persero) Tbk in the predicate of healthy or unhealthy. Data collection techniques in this study is to use secondary data. The results of the research data that have been obtained are analyzed first with financial ratios, then the final CAMEL value is determined in each period by multiplying the credit value of each ratio with the CAMEL weight that has been set by Bank Indonesia. The ratios used include Capital (Capital) using the Capital Adequeency Ratio (CAR), Asset Quality (Asset Quality) using the productive asset quality ratio (KAP) The ratio of productive assets classified to the total earning assets, Management (Management) using the ratio of Net Profit Margin (NPM), Earning (Rentability) using the ratio of Gross Profit to Business Volume (Return on Assets / ROA) and the Ratio of Operating Costs to Operating Income (BOPO), and Liquidity (Liquidity) using the ratio Loan on Deposit Ratio (LDR) ). The results of this study show that the final value of CAMEL in 2018 was 92.2, in 2019 it was 92.5 and in 2020 it was 89.5. All of these results are in the range of 81% - 100% with a healthy predicate. Thus it can be concluded that the financial performance using the CAMLE method at PT. Bank Rakyat Indonesia (Persero) Tbk from 2018 to 2020 is in a healthy predicate. [ABSTRACT FROM AUTHOR]

This study aims to study the factors that affect the profitability of banking sector companies listed on the Indonesia Stock Exchange. The object of this research is banks listed on the Indonesia Stock Exchange in the 2015-2019 period. The factors used in this study are financial factors in the form of financial ratios reported by the company in its annual report. In this study, the dependent variables used are Earning Per Share (EPS), Debt to Equity Ratio (DER), and Price to Book Value (PBV). For the independent variable used is Return on Equity (ROE). This study uses multiple linear regression analysis with panel data analysis techniques. This study found that Earning Per Share (EPS), Debt to Equity Ratio (DER) and Price to Book Value (PBV) significantly influence Return on Equity. [ABSTRACT FROM AUTHOR]

The retail sector has a great role to the national economy, where the retail sector is able to absorb a large workforce and contribute greatly to national economic growth. This study aims to discover the factors that affect financial distress in retail subsector (retail trading) listed on Indonesia Stock Exchange. This study is a qualitative with secondary data sources obtained from the official website of each company and from the Indonesia Stock Exchange while the method for sampling determination is purposive sampling with a population of 20 companies during 2016-2020. Statistical methods used to answer the formulation of the problem using logistic regression. Financial ratios, sales growth and cash flow operating activities are used as proxy in predicting distress condition. It is proposed the formulation of the problem to discover the factors that affect financial distress. From the result of data collected and tested showed that variable liquidity ratio, profitability ratio, activity ratio had an effect, while the leverage ratio, sales growth, and operational cash flow had no effect on financial distress. [ABSTRACT FROM AUTHOR]

Profit growth is an indicator of whether a company is doing well or not. A financial ratio is a calculation of a ratio using annual financial statements that serves as a measurement tool for assessing a company’s financial position and performance. This study covers liquidity from a current ratio (CR) perspective, solvency from a debt to equity ratio (DER) perspective, profitability from a net profit margin (NPM) perspective, and total asset turnover (TATO) perspective of manufacturing companies in the consumer goods industry sector registered on the Indonesia Stock Exchange (IDX) during the period the period 2018-2020. The sector used in this research have an important role for other industrial sectors because this sector contributes significantly to Indonesia’s economic growth. The industry sub-sectors in this study are the consumer electronics, food and beverage, cigarette, pharmaceutical,-cosmetics and household goods. In this study, the survey method used was causally related to the quantitative approach, and the sampling method used was in the form of annual financial statements confirmed and published on www.idx.co.id. Based on the specified criteria, 10 samples were extracted from a population of 53 manufacturers in the consumer goods industry. Data analysis multiple linear regression analysis is used by this study using SPSS version 23 application tools. Hypothesis test analysis result using t-test (partial), the liquidity, profitability, and activity of the variables are said to be positive and have a significant impact on profit growthz. Meanwhile, solvency variables have a significant negative impact. [ABSTRACT FROM AUTHOR]

This study aims to know the indicators of Bank Default, empirical study of rural bank in Indonesia. The method used in this study uses logit. The data used are secondary data obtained from Bank publication reports during period 2014 - 2018. The population used in this study is rural banks in East Java and sample selection based on purposive sampling. The results found that rural banks need to pay attention to capital adequacy and non-performing loans. High non-performing loans can reduce bank profitability so that profits will also decrease. If this condition continues, it will erode capital. This research will be useful to find out indicators of bank soundness which are reflected in financial ratios to ensure the sustainability of bank business, especially rural banks by incorporating macroeconomic indicators. [ABSTRACT FROM AUTHOR]

This study aims to comparative analysis of profitability between before and during pandemic covid-19 in the company sector food and beverages are listed in Indonesia Stock Exchange. The financial ratios used in this study are Net Profit Margin, Return on Assets and Return on Equity. The population in this study are public companies listed on the Indonesia Stock Exchange for the period of Quarter 1 of 2019 to Quarter 3 of 2020. Sampling was carried out by purposive sampling method so that 13 companies were obtained as samples. The data analysis method used in this study uses quantitative descriptive analysis testing by describing or describing the data that has been collected. The results of data analysis show that there is a significant comparison to several ratios,the net profit margin decreased by -25%, the return on assets decreased by -10.8%, and the return on equity increased by 31.95%. These results were obtained before and during the COVID-19 pandemic from each company. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to examine the factors affecting profitability of pharmaceutical company in Indonesia. While research and development has been the main discussed issues in pharmaceutical sector development, scant attention has been paid to profitability factors determined by financial ratio specifically. The industry itself faces significant disruption with the implementation of universal health coverage in Indonesia. This study investigates the factors affecting profitability in an Indonesian pharmaceutical company after the national health insurance policy implementation. Design/methodology/approach: This research is based on five independent variables (IVs) with six measurements that were empirically examined for their relationship with profitability. These variables are firm size (as measured by total sales), company efficiency (assets turnover), liquidity (current ratio), market power (the Lerner index) and a firm's growth (as measured by sales growth and sustainable growth rate). Data of ten pharmaceutical companies listed on the Indonesia Stock Exchange covering the period of 2014–2018 were extracted from companies' annual reports. Pooled ordinary least squares regression and fixed effects were used to analyze the data. Findings: The findings show strong and positive relationships between liquidity and sustainable growth rate with profitability as measured by return on equity (ROE), return on assets (ROA) and earning per share (EPS), except EPS for liquidity. Further, both firm size and market power show positive significant relationships with ROA but negative significant relationships with EPS. Sales growth and company efficiency (as measured by assets turnover ratio) have no significant relationship with profitability. Research limitations/implications: Due to data availability, the data include only listed pharmaceutical companies in the Indonesia Stock Exchange. Practical implications: These results benefit internal users (such as managers, shareholders and employees). They can realize the determinants of enhancing the profitability of their company after the implementation of universal health coverage from the Indonesian government (JKN – Jaminan Kesehatan Nasional) since 2014. On the other side, other external users (such as investors, creditors, newly established pharmaceutical companies and tax authorities) also may get advantages of these results. It is clear that a significant impact happened upon this new policy implementation, and how an Indonesian pharmaceutical company will be profitable in the future. The relevance of company's business strategy (product and customer portfolio, competitor intelligence, etc.) with the profitability factors from this study can be further scrutinized as further consideration for both internal and external users. Originality/value: This study differs from previous studies in many ways; first, it focuses on pharmaceutical companies in Indonesia. Previous studies have concentrated on different countries and companies in other sectors, such as services, banking and financial institutions or on industrial organizations. Second, this study analyzes the data from pharmaceutical companies' annual reports since 2014. There was a significant event of universal health coverage (national health insurance) implementation from the Indonesian government. Third, the study used ROE, ROA and EPS as indicators of profitability. Last but not least, the results of the study provide empirical evidence that firms with significant market power, good liquidity and well-managed sustainable growth rate improve operating income and ultimately enhance profitability. [ABSTRACT FROM AUTHOR]

This research empirically explores the financial performance results of Indonesia Stock Exchange listed companies for seven years for the period 2010 to 2017 between PT BTN,Tbk (Persero) and PT BRI,Tbk (Persero). The financial ratio used consists in the ratio of capital adequacy, net profit margin, returns on assets, non-performing loans and deposit-related loans. This study only used a sample of two conventional banking companies in Indonesia, namely PT BTN,Tbk (Persero) and PT BRI,Tbk (Persero). Results from this research show that the PT BRI,Tbk (Persero) variabel Net Profit Margin, variabel Return on Asset Ratio, variabel Loan on Deposit, and variabel Capital Adequacy Ratio is better than PT BTN,Tbk (Persero). However, for variabel Non-Performing Loans, PT BTN,Tbk (Persero) is better than PT BRI,Tbk (Persero). [ABSTRACT FROM AUTHOR]

This study aims to evaluate the financial performance of a pharmaceutical company that has been listed on the Indonesia Stock Exchange (IDX). The sample objects that the authors use in this study are nine pharmaceutical companies listed on the Indonesia Stock Exchange during the 2014-2018 period. The method of evaluating financial performance that I use is to use financial ratio analysis consisting of; liquidity ratios, activity ratios, solvency ratios, and profitability ratios and have been supplemented by DuPont analysis. The results that the authors get in this study prove that all financial ratios during the observation period experienced quite fluctuating changes. The liquidity ratio shows a high enough number which means that under the company's ability to pay off short-term liabilities, it is quite strong. The results of the calculation of the activity ratio obtained by the author also gives results that show that some pharmaceutical companies are quite efficient in the use of their assets in a company. The solvency ratio obtained by the authors from observations in the study period shows that pharmaceutical companies also have a debt large enough to be risky because of high interest and principal costs in payments. Earnings obtained by shareholders are quite large as indicated by profitability ratios through the analysis of three analyzes namely the analysis of ROI, ROE and DuPont which have positive values. [ABSTRACT FROM AUTHOR]

The study aims to estimate and analyze the impact of financial performance on the profitability of pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange (IDX) for the 2014- 2018 period. Financial performance is measured by current ratio (CR), fixed asset turnover (FATO), total asset turnover (TATO), and debt to equity ratio (DER), while profitability is measured by return on assets (ROA). The method of data analysis uses a multiple linear regression model of 9 pharmaceutical sub-sector companies selected based on criteria determined in the purposive sampling technique. Based on the results of the study it can be concluded that partially CR, TATO and DER have a negative effect on ROA, while FATO has a positive effect. Simultaneous testing shows that all financial ratios consisting of; CR, FATO, TATO, and DER influence ROA. The results of the research have the implication that in order to improve the performance of the profitability of pharmaceutical companies, the financial manager increases the efficiency of the use of fixed assets, reduces the use of long-term debt, and does not hold current assets for too long because it has an impact on company profits [ABSTRACT FROM AUTHOR]

The purpose of this paper is to find out the influence of internal and external factors on the risk of musharakah financing of Islamic Commercial Banks in Indonesia. Financing risks in previous Islamic banking studies focus more on overall financing risks involving internal and external aspects, both separately and jointly. There have been no studies that examine the internal and external aspects of sharia commercial banks on financing risks, especially in the musharakah contract. This study will complement the literature on the aforementioned issue. This study uses a quantitative method with panel data regression analysis. The data used is quarter financial ratio data from all Sharia Commercial Banks in Indonesia for the period 2012-2017. The results of the study show that bank internal factors predominantly influence the risk of musharakah financing. Whereas on external factors, only GDP growth has a significant effect. [ABSTRACT FROM AUTHOR]

Objective - The purpose of this research is to test the theory of capital structure by determining whether the relationship is affected by Political Patronage. The study will examine political support, capital structure and financial performance of the company. Methodology/Technique - The data in this research is in the form of financial ratios displayed in the financial report of each company listed from 2010 to 2016. The sample was selected using purposive sampling with as many as 70 companies indicated to have political support. The data was analysed using regression analysis. Findings - The results show that Political Patronage has an influence on capital structure and political Patronage has a weak effect on financial performance. [ABSTRACT FROM AUTHOR]

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Objective - The purpose of this study is to examine the influence of capital on bankruptcy banks. The hypothesis of this research is that capital has an effect on the bankruptcy of a bank. Methodology/Technique - This research examines financial reports between 2005-2014. An econometric model with a logistical regression analysis technique is used. In this study, capital is measured by CAR, taking into account credit risk; CAR by taking into account market risk; Ratio of Obligation to Provide Minimum Capital for Credit Risk and Operational Risk; Ratio of Minimum Capital Adequacy Ratio for Credit Risk, Operational Risk and Market Risk; Capital Adequacy Requirements (CAR). Findings - The results show that the capital adequacy ratio for market ratio and capital adequacy ratio for credit ratio and operational ratio support the research hypothesis and can form a logit model. The test results of CAR by taking into account credit risk, Minimum Capital Requirement Ratio for Credit Risk, Operational Risk and Market Risk and Minimum Capital Provision Obligations do not support the research hypothesis. Novelty - This paper contribute to bank bankruptcy prediction models based on time dimension and bank groups using financial ratios which are expected can influence bank in bankrupt condition. [ABSTRACT FROM AUTHOR]

This study aimed to analyze the influence of financial ratios proxied by the current ratio, the retained earnings to total assets, earnings before interest and tax to total assets, return on equity, debt to assets ratio, and total assets turnover against Financial distress. The population in this study is a sub company of various industry listed in Indonesia Stock Exchange (IDX) in the period from 2013 to 2015 with the number of 40 companies. The sampling technique used purposive sampling technique and acquired 35 companies with 105 units of analysis. Data were analyzed with descriptive statistics and logistic regression. These results indicate that earnings before interest tax to total assets and return on equity have an impact on financial distress. While the current ratio, the retained earnings to total assets, debt to assets ratio, and total assets turnover has no influence on the financial company's distress. The conclusion of this research is that the company's financial distress condition can be avoided by reducing the financing coming from debt. In addition, increasing sales and maximizing the use of assets and equities that companies have can also reduce and avoid the company from financial distress. [ABSTRACT FROM AUTHOR]

Objective - The objective of this study was to investigate the factors like corporate governance, financial ratios, and political risk and their impacts on company's survival. Methodology/Technique - Collecting data of Indonesian Stock Exchange from 2000 to 2014 and employing purposive random sampling, this research collects samples of 58 companies undergoing financial distress and 275 others which do not. Findings - The research eventually proves that agency theory and Asymmetric Information theory do occur in Indonesia. With Cox Proportional Hazard model, it then proves that all two models employed: independence commissioners, leverage, operating risk, size, return on asset and control of corruption, are variables which consistently affect financial distress of the company. Novelty - The study uses original data and gives supported suggestion for the researched issues. [ABSTRACT FROM AUTHOR]

The paper discusses the practical implementations of using the support vector machine (SVM) algorithm for imbalance data to predict the stock performances in the Indonesian stock market. SVM algorithm for imbalance data was used to model various financial ratios as independent variables to investigate indicators that significantly affect the stock's performance of large market capitalization companies which were actively traded over the last three-year periods. The model selections, namely the imbalance and the balance SVM model with dummy variables representing the appropriate weights were carried out using 10-fold cross validation methods integrated with a grid search procedure for parameter optimization. The study identified and examined six financial ratios commonly used by the stock analysts without considering macro economic variables was able to classify the performances of the companies into two categories "good" or "poor" based on the prices proportion of two consecutive periods. The result suggested that the proposed method yield competitive performance in terms of prediction accuracy level as compared with its competitors. [ABSTRACT FROM AUTHOR]

The purpose of this research was to apply the result of the previous studies on predictive models of banks soundness in the year of 1999-2004 in private national banks, in which the result showed poor performance as was indicated by Z-score calculation of the discriminatory function of the cut-off position on less soundness and unsoundness level. The study also examined whether the financial ratios that must be published according to SEBI No. 7/10/DPNP March 2005 are able to predict the level of banks soundness when they were implemented on the discriminatory function. The research population was Indonesian Foreign Private Bank (BUSN). The secondary data used in this research were publications of financial statement during the five-year perception time (2004-2008). The result of the research showed that the discriminatory function of previous research could apply to predict the soundness level of private foreign banks in the period 2004-2008 and the financial ratios according to SEBI7/10/DPNP publication in March 2005 were not enough to predict the soundness ratings of Indonesia's Foreign Private Banks. [ABSTRACT FROM AUTHOR]

The purpose of this research was to apply the result of the previous studies on predictive models of banks soundness in the year of 1999-2004 in private national banks, in which the result showed poor performance as was indicated by Z-score calculation of the discriminatory function of the cut-off position on less soundness and unsoundness level. The study also examined whether the financial ratios that must be published according to SEBI No. 7/10/DPNP March 2005 are able to predict the level of banks soundness when they were implemented on the the discriminatory function. The research population was Indonesian Foreign Private Bank (BUSN). The secondary data used in this research were publications of financial statement during the five-year perception time (2004-2008). The result of the research showed that the discriminatory function of previous research could apply to predict the soundness level of private foreign banks in the period 2004-2008 and the financial ratios according to SEBI7/10/DPNP publication in March 2005 were not enough to predict the soundness ratings of Indonesia's Foreign Private Banks. [ABSTRACT FROM AUTHOR]