Value-Based Management Assessment and The Improvement of Creditors’ and Investors’ Confidence in Bali

DOI

10.2991/teams-18.2019.51How to use a DOI?

Keywords

performance; investors; creditors; value based management

Abstract

The main purpose of preparing financial statements is to provide information to investors and creditors. Financial performance is needed by investors and creditors to ensure that the funds they have given to the company are guaranteed in the form of investment and loans. Financial performance is calculated based on financial statements prepared by the company. The financial statements are prepared based on the accounting methods and treatments that have been prepared by the company. Consequently, the financial performance will usually looks good and increase. Other financial performance measurement methods are needed that can be measure the real condition of a company's financial based on value based management. This study aims to examine and analyze the effect of the financial performance assessment of value based management on: (1) the level of creditor confidence and (2) the level of investor confidence. The location of the study was in star-rated hotels in Bali, the study sample used purposive sampling method. Data analysis uses multiple linear regression. The results of the study prove that: (1) the financial performance assessment of value based management affects the level of creditor confidence and (2) the financial performance assessment of value based management affects the level of investor confidence. The results of this study recommend to those who are most interested in the performance of the company can be use the financial performance assessment of value based management as one of the important indicators in decision making

Copyright

© 2019, 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  - I Putu Gede Diatmika
AU  - Gede Adi Yuniarta
AU  - Gede Agus Pertama Yudantara
PY  - 2019/01
DA  - 2019/01
TI  - Value-Based Management Assessment and The Improvement of Creditors’ and Investors’ Confidence in Bali
BT  - Proceedings of the International Conference on Tourism, Economics, Accounting, Management, and Social Science (TEAMS 2018)
PB  - Atlantis Press
SP  - 292
EP  - 295
SN  - 2352-5428
UR  - https://doi.org/10.2991/teams-18.2019.51
DO  - 10.2991/teams-18.2019.51
ID  - Diatmika2019/01
ER  -