Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018)

Factors that Influence the Financial Performance of PT Pos Indonesia (Persero)

Authors
Euis Eka Pramiarsih, Ani Yunaningsih
Corresponding Author
Euis Eka Pramiarsih
Available Online May 2019.
DOI
https://doi.org/10.2991/icebef-18.2019.80How to use a DOI?
Keywords
cash ratio; debt ratio; total asset turnover; return on equity; pecking order
Abstract
PT Pos Indonesia (Persero) is a state-owned company established in 1906 with initial objective to provide mail and goods delivery service. PT Pos Indonesia (Persero) dominated the industry until 1995 but underwent decline because the emergence of competitors whom adapted to advancement of information technology faster. PT Pos Indonesia (Persero) being outperformed by competitors had many reasons, mainly from management side. This research meant to prove it by observing from financial aspect and also searching for other factors which influence that phenomenon. Thus, the author formulized the following problems: What is the influence of Liquidity, Solvency, and Activity on Financial Performance both partially or simultaneously? This research is categorized as Descriptive Quantitative with two data sources which are primary data from interview with Accounting Manager and Accounting Management of PT Pos Indonesia (Persero) and secondary data from financial reports and their restatements from 2008-2016. The method of data analysis is Path Analysis and statistical calculation was processed with SPSS ver.24. The research result shows that Liquidity has positive influence on Financial Performance, Solvency has negative influence on Financial Performance, Activity has positive influence on Financial Performance, and simultaneously Liquidity, Solvency, and Activity have positive influence on Financial Performance.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Euis Eka Pramiarsih
AU  - Ani Yunaningsih
PY  - 2019/05
DA  - 2019/05
TI  - Factors that Influence the Financial Performance of PT Pos Indonesia (Persero)
BT  - Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018)
PB  - Atlantis Press
SP  - 356
EP  - 360
SN  - 2352-5428
UR  - https://doi.org/10.2991/icebef-18.2019.80
DO  - https://doi.org/10.2991/icebef-18.2019.80
ID  - Pramiarsih2019/05
ER  -