Factors Affecting the Financial Performance of Biological Asset-Based Companies in Singapore, Thailand, and Indonesia

DOI

10.2991/aebmr.k.200305.053How to use a DOI?

Keywords

biological assets, capital structure, company size, financial performance, intensity of biological assets

Abstract

The International Accounting Standards Board (IASB) published a rule to regulate agricultural activities, named IAS 41: Agriculture. Measurement of agricultural activities based on IAS 41 is stated using fair value which is considered better because it can show that the transformation process immediately represented in the company’s financial statements. Information regarding the performance of biological assets can be used by management to increase additional capital because it is a basis consideration for investors. The aim of this study is to examine the influence of the intensity of biological assets, company size, and capital structure on the financial performance of biological asset-based companies in Thailand, Singapore, and Indonesia for the year 2012 to 2018. Data analysis uses descriptive analysis, the classical assumption test, hypothesis testing, and Kruskal Wallis test to analyze the differences of the financial performance. The results indicate that the intensity of biological assets, company size, and capital structure influences the financial performance of biological asset-based companies. Kruskal Wallis test also found that there are significant differences among financial performance in Thailand, Singapore, and Indonesia. Future studies are expected to add independent variables that explain the financial performance of biological asset-based companies such as corporate governance or tax rates.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Falikhatun
AU  - Vianita Lianasari Dini
AU  - Sri Hanggana
PY  - 2020
DA  - 2020/03/10
TI  - Factors Affecting the Financial Performance of Biological Asset-Based Companies in Singapore, Thailand, and Indonesia
BT  - Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)
PB  - Atlantis Press
SP  - 68
EP  - 85
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200305.053
DO  - 10.2991/aebmr.k.200305.053
ID  - 2020
ER  -