PurposeThis study aimed to examine and explain the role of knowledge sharing in shaping innovation culture to improve business performance and build sustainable competitive advantage. Most empirical research tended to be conducted in large companies, and there are limited studies on this topic in the SME sector. Thus, the study needs to re-examine whether the theories developed to understand large companies apply to SMEs.Design/methodology/approachThis quantitative study involved 259 respondents from a 59 sampling frame consisting of three levels of management of export SMEs in the Bali province of Indonesia. The questionnaire used to gather the data used a semantic differential scale, and the data were analyzed using SmartPLS software.FindingsThe results showed that knowledge sharing significantly influenced innovation culture, business performance and sustainable competitive advantage. Theoretically, this research provides insight into the body of knowledge in innovation culture and business performance as a mediator variable.Research limitations/implicationsCross-sectional design limits the authors from drawing definitive generalizations, and self-reported measures used in the study increase the chances of bias.Practical implicationsThe study's findings could motivate managers and practitioners to place emphasis on knowledge sharing and innovation culture in the SME sector.Originality/valueThe role of knowledge sharing has been focused on large companies in several countries. However, research examining the role of knowledge sharing in building an innovation culture is still rare in the SME sector, particularly in Indonesian SMEs. Therefore, research on this topic is needed because Indonesia has not only a different culture but also different business practices.

Financial performance is a reflection of the financial condition of a company. The purpose of this study is to determine the significance of differences in corporate financial performance before and after the acquisition of mining acquisition companies in the BEI period 2011-2013 by analyzing financial performance one year before and one year after acquisition. The method of determining the sample is the census that the entire population is used as a sample which is obtained by 5 acquirer companies. The analysis technique used is paired t-test (Pair-Sample T-test). Based on the results of the analysis found that financial performance measured by five financial ratios of CR, ROA, DER, TATO, PER that did not differ significantly after acquisition compared to before acquisition. The acquisition strategy has not been fully achieved due to the condition of financial performance after the acquisition has not increased. The motive of the acquisition is not economic but non-economic. The acquirer company which to achieve success, must make preparations by looking at the conditions of the company to be taken over.

This study aims to see stock price stability at a Pharmacy company listed on the Indonesia Stock Exchange (IDX) for the period 2014 - 2016 by using several variables such as Current Ratio, Debt to Equity Ratio, Return on Assets and Price Earning Ratio. This research is a type of quantitative research which used fundamental analysist by referring to an analysis of company performance that is used to predict stock prices in the future. The method of determining the sample in this study is based on purposive sampling technique that is in accordance with the criteria of eight pharmacy companies. The data used in this study were collected through non-participant observation methods using the data contained in the IDX. Testing of the hypothesis in this study using multiple linear regression analysis. The test results show that there is no significant influence on stock prices when using Current Ratio, Debt to Equity Ratio, Return on Assets and Price Earning Ration. On the contrary, Price Earning Ration partially has a positive and significant effect on the stock price of pharmaceutical companies in the 2014-2016 period. Keywords: fundamental analysis, current ratio, debt to equity ratio, return on asset, price earning ratio, stock price

The expenditure budget, especially capital expenditure is viewed important because it is related to the continuity of government activities. Capital expenditure, a part of local expenditure, is used in the purchase or procurement of tangible fixed assets with an economic value of more than twelve months, for infrastructure development and to provide public facilities. There are interplays between local revenue and Capital Expenditure. The purpose of this research is to investigate how Original Local Government Revenue, General Allocation Fund and Special Allocation Fund influence Capital Expenditure of Cities and Regencies in Bali Province. The population of this research are all regencies and cities in Bali Province, while sample is determined using total population sampling method. The analysis tool utilized is the multiple linear regression analysis. The result of this research shows that Original Local Government Revenue has positive influence on Capital Expenditure, General Allocation Fund has positive influence on Capital Expenditure, Special Allocation Fund positively influence Capital Expenditure.

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