ARTICLE
TITLE

The Effect of Financial and Non-Financial Variables to Firm Performance: Comparison Between Indonesia and Thailand

SUMMARY

The purpose of this research is to test the effect of financial and non-financial variables to firm performances between Indonesia and Thailand. The observation data used in this study is manufacturing companies from several sectors.  Secondary data was used, collected from Indonesia Stock Exchange and Stock Exchange of Thailand during 2011 - 2013. By combining 3 years research, there are 55 Indonesian companies and 50 Thailand companies that meet predetermined criteria.  Multiple Regression was used to analyze. This study uses Return on Equity, Earnings per Share, Market Value Added as financial variables and Earnings Quality, Institutional Ownership, Independent Commissioner, Audit Committee, Corporate Social Responsibility as non-financial variables. Test results show that both financial and non-financial variables can effect to firm performance.

PAGES
pp. 118 - 131
COLLECTIONS
Economy

 Articles related

Brian Sutatama Kusumapradana, Siti Aisyah    

This research aims to determine the effect of financial literacy and financial attitude on the use of digital wallets among students in Surakarta City. This research is a quantitative research using primary data. Sampling was obtained by non-probability ... see more

Revista: AJAR

Victor Pattiasina, Muhamad Yamin Noch, Muhammad Ridwan Rumasukun, Yohanes Cores Seralurin, Eduard Yohannis Tamaela    

The purpose of this study was to analyze the effect of Accrual-Based Government Accounting Standards (GAS) implementation, apparatus competence and the role of internal audit on the quality of local government financial statements with good governance as... see more


Ernawati Ernawati,Rosnawintang Rosnawintang,Ambo Wonua Nusantara    

The development of Islamic finance is not related to the size of the Muslim population as a potential demand. Awareness is a crucial factor in the demand for Islamic banking services. This research investigates the effects of knowledge, regulation, and p... see more

Revista: Signifikan

Lutfi Lutfi,Dimas Gita Ramadhan Firdaus,Elicia Aprillia Dwiyanti,Yolanda Dela Renta    

The conditions of the Covid 19 outbreak during 2019 and 2020 made some people lose their jobs or income, which resulted in increased financial pressures. This research examines the influence of present fatalistic, materialism, financial knowledge, and ma... see more


Cahyo Aji Widodo,Benedictus Raksaka Mahi    

Micro and Small Enterprises (MSEs) contribute significantly to the economy and job creation. The majority of MSEs use simple or traditional technology in the production process. Several common obstacles cause low MSEs productivity, such as low-quality hu... see more