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In an uncertain business environment, most of the companies will do some actions to optimize their performance such as merger & acquisition, where this action commonly followed by divestiture. Previous studies have shown diverse impacts from divestiture. In this study, the sample used were companies...

Current technological developments affect various aspects of life, including the marketing strategy of a product. As digital marketing becomes increasingly immersive and innovative, consumers continue to be captivated and experience things differently. One of the local perfumes, let’s call it XYZ perfume,...

This study evaluates the working capital management efficiency of Foshan Haday Flavouring & Food Co., Ltd., from a supply chain perspective for the period 2019-2023. Taking Haday as a case study and using financial ratio analysis, it is found that the company’s market dominance results in a consistently...

The construction of Tower A in Surabaya’s “X” Project is one of the largest projects owned by PT X with a construction period of four years. The long period of development will certainly lead to various types of risks that can affect the development of the Surabaya “X” Project. This study aims to identify,...

Not every people has the same willingness to make a full cash payment for a real estate purchase. Their financial capability to pay in cash and more aside, some people might decide that their reserved cash would better be allocated elsewhere to cover other needs, such as business financing or other investments....

Dividend policy is an important topic that is always interesting to research. The dividend policy determines the profit distributed to shareholders and the profit reinvested in the company. However, managers have different interests and seek to achieve personal gain and harm shareholders. This study...

Current advances in financial technology really help everyone who wants to make transactions quickly to complete the payments they make. The development of financial service providers or PJK is one of the causes of this fast transaction, but this technological progress is also exploited by perpetrators...

The balance of a wage decrease as a result of world economic regression and incentives to promote worker’s productivity has become a major problem most companies are faced with, especially during the epidemic seeping through 2020. This essay starts with analyzing the compensation plan of three companies...

Driven by the rapid development of mobile Internet and consumption upgrading, the group of network celebrities has gradually transformed from a social phenomenon into an economic industry by virtue of its own advantages -- huge traffic and fans effect. In this process, web celebrity marketing emerged...

The aim of research is to determine the factors that affect the company's working capital. The research was conducted at PT. Bumi Sarana Utama Foundation Kalla Group, Pare-Pare, South Sulawesi, Indonesia. Sources of data were in the form of the company's financial report in the last 5 years (2011-2015)....

An effort made by rice farmers in maintaining their bargaining position in the management of rice farming financing is by conducting arisan gabah. The purpose of this study was to describe the management system of and find out about the benefits of arisan gabah. The research location was selected purposively,...

This study aims to forecast the financial soundness of the National Board of Zakat (BAZNAS) in Indonesia. The data is taken from the financial reports of six BAZNAS from 2017 – 2021. The data from 30 Observations are divided into training and test data sets by using an 80:20 ratio. Based on the result...

This paper examines the relationship between CEO age and inventory conversion efficiency, using two main operational indicators, inventory turnover and Cash Conversion Cycle (CCC). This study examines the implications of the Upper Echelons Theory (UET), which suggests that characteristics of executives...

Sales are a major source of corporate earnings. Improved sales are an important goal in supporting a company's operational processes. As a sales strategy, sales on credit is an option to increase the demand for a firm’s goods. However, offering credit can negatively impact a company's business if it...

Based on a sample of Shenzhen and Shanghai Exchange in 2007-2017, this paper examines the effect of institutional investor ownership on corporate cash holding. We establish the fixed effects model to study the relationship between them, and we use robustness checks and derive our results also have the...

Kudus is a district in the province of Central Java. The capital of this district is the Kudus, located on the northeast coast line of Central Java between the City of Semarang and the City of Surabaya. Kudus, located 51 kilometers from the east of Semarang. Kudus, received a large allocation of village...

Financial Reporting shows the status of assets, financial results, structure of capital and cash flow of the economic entity. The opinions and decisions of vested interests depend on how reliable is the data depicted in reporting. Often firm managers use a variety of measures to «sugarcoat» Financial...

In recent years, flexible work models, such as remote work and home office, have become a significant phenomenon, which has been accelerated by the COVID-19 pandemic. This study presents a systematic literature review that comprehensively examines the impact of these models on companies’ changing financial...

Shopping center has become a part of our daily lives, how the shopping center can survive from time to time. The research method will discuss how the mall is present in Jakarta at the beginning of the existence of the mall and what changes it does now with changes in consumerism patterns that are different...

General Background: Effective inventory management is essential for ensuring production continuity while minimizing excess stock, operational costs, and warehouse inefficiencies. Specific Background: At PT. XYZ, increased imports of air compressor spare parts, particularly Oil Engine Separators, led...

This paper comparatively studies the different implications of the fund cash holding for fund strategies, flows and performance between China and the US. I use the R-square decomposition technique to examine the determinants of cash holdings. I find that funds in China show more concerns on the non-risk...

This paper studies the relationship between corporate liquidity and diversification. The key finding is that diversified firms hold significantly more cash than stand-alone firms because they are diversified in their cash flow. Lower cross-divisional correlations in cash flow and lower correlations between...

A firm must determine the level of cash holding to improve the efficiency of the firm. This study aims to examine the impact of cash holdings on firm performance in Indonesia. Data were obtained from OSIRIS database with the observation period 2010 – 2016. The results showed there is an u-shaped inverted...

The purpose of this research was to examine the effect of company ownership on the use of funds for sustainability accounting purposes. Hypothesis testing is conducted to determine the role of company ownership concerning the company’s strategic objectives through environmental-social accounting financing....

Regional government financial reports in Indonesia, especially in district XYZ are currently entering a period of quality improvement. This is indicated by the increase in the number of regional government Financial Reports that obtain Unqualified Opinion from Audit Board BPK RI. This success is certainly...

This research aims to determine the effect of managerial overconfidence and firm characteristics on financing decision of a firm. This research uses panel data from the entire companies listed on Indonesia Stock Exchange (BEI), except financial industry within 2006 - 2015. The result showed the higher...

Quality control (QC) is an activity to measure the quality of an item by comparing it according to the specifications and requirements needed by the company, or it can be said also as an effort to maintain the quality of the goods produced in accordance with predetermined specifications based on company...

This research was aimed to raise and distribute the funds of the mosque-based disaster philanthropy and accountability of funds of the mosque-based disaster philanthropy. Based on the findings, it is expected to be able to obtain the raising and distribution model of the mosque-based disaster philanthropic...

Sukuk market has continued to grow over the past two decades, yet researches on determinants of sukuk over conventional bond issuance have produced mixed findings. Previous researches also leave a puzzle why asset tangibility is insignificant to sukuk issuance. To contribute to this debate and answer...

This study examines the financial effects of two green debts issued by BAIC and assesses their impact on new energy vehicle manufacturers. Based on the insights from analysis, this study proposes suggestions for promoting the use of green finance instruments in the Chinese NEVs market. This paper demonstrates...

This comprehensive study investigates the implementation of a 5S-based hydraulic hose storage system to address significant time inefficiencies in the 789C truck build process at PT. XYZ. Through meticulous analysis of current warehouse practices, we identified that disorganized hose storage contributed...

In order to find out the application conditions of Net Present Value (NPV) and Internal Rate of Return (IRR) in practice, based on previous studies, the paper summarized the advantages and disadvantages of the two methods and explores the specific application conditions in corporate finance. The results...

The objectives of this study are to valuing the interest in the project development of the "AAX" oil field, "NW NTX" working area which is currently held by "AX" limited and "STX" Limited as contractor under the terms of Production Sharing Contract (PSC) with the Indonesian government, represented by...

The article is devoted to the study of the impact of money laundering on the level of economic security of the state. The influence of legalization processes on the level of the shadow economy, foreign exchange, and monetary policy is analyzed. It has been established that corruption is one of the main...

Financial distress has a significant impact on the company that will potentially suffer losses, but also investors, creditors, and communities. There are some tools used to detect bankruptcy, namely Altman Z-Score, Zmijewski, and Springate model. This study uses descriptive and verification methodology....

The research aims to analyses the capital structure applied in multinational companies for the effectiveness and efficiency of the company’s financing. This research uses independent variables i.e. business risk, asset growth, and cash flow volatility. The population of this research consists of all...

This research aims to explore the readiness of MSME Rose Madhani to implement the Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM) and the obstacles that arise in this process. This research uses a descriptive qualitative approach where the readiness of MSME Rose Madhani...

This study investigates the impact of profitability, leverage, and free cash flow on firm value, with a focus on consumer goods manufacturing companies listed on the Indonesian Stock Exchange from 2019 to 2021. It employs a quantitative descriptive approach, using purposive sampling to select 32 companies....

Financial statement analysis of the data summary, comparison, analysis, the disclosure of the consolidated financial statements, and can objectively evaluate the financial situation of enterprises to understand the company's operating results. Mao-tai Group 2009-2013 financial report as the basis, combined...

Being different from the previous research, this paper studies the influence of relationship trading on cash holding and the adjustment function of internal control based on the principal status of relationship trading in market. Results show that customer relationship trading leads to the decrease of...

Since the Covid-19 outbreak, MSMEs have become one of the most affected economic sectors. In August 2020, the Central Government of Indonesia officially launched a special program to help MSMEs namely the Direct Cash Assistance (DCA) amounting to 2.4 million rupiah, which later this amount reduced to...

This paper contrasts net present value (NPV) and internal rate of return (IRR) as core discounted cash flow diagnostic indicators for investment decisions, linking their theoretical characteristics to practical evaluations. The study poses three questions: when and why these two standards align; when...

In the neoclassical paradigm which argues that an action will be influenced by economic factors. However, the opinion of this school of thought does not apply to the action of daily bank loans for noodle and meatball traders in the city of Malang. Where the social structure in understanding existing...

With this kind of qualitative research, this study seeks to ascertain the relationship between pay and key performance indicators (KPI). The study’s research subject is the Garment Factory Case Study PT. XYZ Warehouse Department Section, which employs a saturated sampling technique to determine the sample...

This far, the development of Japan industry has grown rapidly in the world. The automotive industry is one of the industry which play the important role in Indonesia, especially in transportation sector. Almost in automotive companies familiar with Toyota Production System method. The problem come up...

Since 2008 until now, Koperasi XYZ has never conducted any assessment of the satisfaction and interest of clients on loan services to micro businesses that are the focus of their services. On the other hand, customer satisfaction can be used as a critical indicator of institutional development success...

PT XYZ is a manufacture of mechanical steel tubes in Karawang, West Java, Indonesia. Due to its Working Capital Management (WCM) on 2014, PT XYZ tried to rearrange the WCM and resulted a well-managed WCM. However, in 2016-2017, the liquidity ratios of PT XYZ were far above the average companies in the...

Construction Company PT XYZ’s actual situation based on an internal audit report shows some unusual transactions related to the cash disbursement cycle. This indicates that the company needs an adequate internal control system to provide assurance in cash disbursement transactions so that reports on...

There are many well-known brands in today’s automotive industry, such as BMW and Mercedes-Benz. On the contrary, there are abundant unpopular brands as well. Among numerous car brands in the global market, Tesla attracted almost everyone’s attention in an extremely short period of time, notwithstanding...

Measuring financial performance is crucial in order to assess the accountability of regional governments in managing regional finances. Accountability is not just the ability to demonstrate how public money is spent but also covers the ability to show that public money has been spent efficiently, effectively...