Analysis the Efficiency and Productivity of Indonesian Pharmaceutical Public Companies Using Data Envelopment Analysis

Hanggraeni, Dewi

doi:10.21002/icmr.v6i2.3592

Cited by 3 publications

(3 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…In detail, this observation unit includes118 companies with data series used from the 2012-2016 period. The analysis method using a quantitative research design that is explanatory (testing hypothesis) by the panel data regression which involves a combination of cross section and time series data (Gujarati & Porter, 2009). The steps of the analysis are as follows:…”

Section: Methodsmentioning

confidence: 99%

Study of State-Owned Enterprises (SOEs) Profitability in Indonesia 2012-2016 Period

Muin

Jumadi

Wardini

2020

Sriwijaya Int. J. of Dynamic Eco. And Buss.

View full text Add to dashboard Cite

One of the purposes of the establishment of SOEs is to become a source of funding for the state. But unfortunately, the losses and potential bankruptcy is still a business challenge to date. Therefore, the aims of this research to analyze the SOEs’ financial performance and the factors that affected profitability. The analysis method used is panel data regression involving 118 financial data companies in the year of 2012-2016. The variables used consisted of return on assets (ROA), total asset growth (TAG), current ratio (CR), total assets turnover (TATO), and debt to equity ratio (DER). After eliminating the outlier data and use other statistical tests, a fixed-model effect (FEM) was obtained. Based on the analysis result, the effect of TAG, CR, and TATO is positive and significant on the ROA. Meanwhile, the effect of the DER is not significant on ROA. This model is able to explain the variation of the dependent variable of 92,40 percent.

show abstract

Section: Methodsmentioning

confidence: 99%

Study of State-Owned Enterprises (SOEs) Profitability in Indonesia 2012-2016 Period

Muin

Jumadi

Wardini

2020

Sriwijaya Int. J. of Dynamic Eco. And Buss.

View full text Add to dashboard Cite

show abstract

“…b.) Meningkatkan efisiensi aset melalui penggunaan teknologi produksi yang tepat guna (Hanggraeni, 2014), meningkatkan kemampuan sumber daya manusia (Beinabaj, Soleimani, & Rashidi, 2013), serta penerapan digitalisasi dalam setiap tahapan bisnis proses perusahaan (Chen & Srinivasan, 2019…”

Section: Pengaruh Likuiditas Terhadap Profitabilitasunclassified

Studi Profitabilitas BUMN di Indonesia Tahun 2012 – 2016 dengan Pendekatan Analisis Regresi Panel

Muin¹

2020

Preprint

View full text Add to dashboard Cite

BUMN memiliki peranan penting sebagai pilar ekonomi nasional. Salah satu tujuan pendirian BUMN adalah menjadi sumber pendanaan bagi negara dalam bentuk pajak dan dividen. Secara umum, kontribusi BUMN terhadap penerimaan negara memiliki tren positif. Namun, kerugian dan potensi kebangkrutan masih menjadi tantangan bisnis hingga saat ini. Oleh karena itu, studi tentang profitabilitas masih relevan dan penting untuk dilakukan. Tujuan dari penelitian ini adalah menganalisis kinerja keuangan BUMN dan faktor-faktor yang mempengaruhi profitabilitas. Metode yang digunakan yaitu regresi data panel terhadap 118 perusahaan selama tahun 2012-2016. Variabel yang digunakan terdiri dari profitabilitas (return on assets), pertumbuhan aset (total asset growth), likuiditas (current ratio), efektivitas dan efisiensi manajemen aset (total assets turnover), serta liabilitas (debt to equity ratio). Setelah memangkas data outlier sebanyak 10 perusahaan serta melakukan uji statistik lainnya, model yang diperoleh adalah fixed effect model (FEM). Efek dari total asset growth, current ratio, dan total assets turnover adalah positif dan signifikan terhadap return on asset. Sementara itu, pengaruh debt to equity ratio adalah positif dan tidak signifikan terhadap return on asset. Secara umum, model regresi ini mampu menjelaskan varians return on asset pada BUMN sebesar 92,40 persen.

show abstract

“…However, these companies continue to expand their activities and to invest more and more in R&D activities compared to private firms [14]. A narrow strand of the literature tries to explain the role of environmental factors and corporate governance in influencing companies' performances in terms of value-added creation [3], [10] and productivity [8]. Nevertheless, as far as we know, none of the previous works addresses the impact of financial performances and regional economic context on the level of value added and labor productivity for state-owned firms.…”

Section: Introductionmentioning

confidence: 99%

Value Added and Productivity Determinants in the Water Industry: Panel Data Evidence from the West Region of Romania

Albulescu¹,

Tămăşilă²,

Vartolomei³

2023

SBPUTTEM

View full text Add to dashboard Cite

This study compares the level of value added and productivity generated by the companies activating in the water and wastewater sector and investigates their determinants. To this end, we perform a panel data analysis over the period 2007 to 2014 using firm-level data. We include in our analysis nine public companies located in four counties inside the West Region of Romania, namely Arad, Caraș-Severin, Hunedoara and Timiș. We compare a classic Pooled OLS, a fixed effect and a random effect estimator. Our static analysis shows that the value added is mainly explained by the operating revenue, profit margin and liquidity ratio. While the size of the companies positively influences the level of value added, the consumers wealthy, measured in terms of GDP per capita, has no clear influence. It appears that regional operating companies perform better compared with small firms acting at local level. A similar result is recorded when we estimate the drivers of the productivity level, measured in terms of value added per employee. We conclude that the economies of scale recorded by companies located in the main cities of the region, and an adequate financial management of these companies, both contribute to enhancing their economic performances.

show abstract

Analysis the Efficiency and Productivity of Indonesian Pharmaceutical Public Companies Using Data Envelopment Analysis

Cited by 3 publications

References 0 publications

Study of State-Owned Enterprises (SOEs) Profitability in Indonesia 2012-2016 Period

Study of State-Owned Enterprises (SOEs) Profitability in Indonesia 2012-2016 Period

Studi Profitabilitas BUMN di Indonesia Tahun 2012 – 2016 dengan Pendekatan Analisis Regresi Panel

Value Added and Productivity Determinants in the Water Industry: Panel Data Evidence from the West Region of Romania

Contact Info

Product

Resources

About