Factors Affecting the Profitability Management of Indonesian State-Owned Enterprises: Cash Flow from Operating as a Moderating Variable
Syarifa Yunindiah Lestari, Etty Murwaningsari, Sekar Mayangsari, Vinola Herawaty
Asian Journal of Economics, Business and Accounting · pp. 43–56 · Published 29 Sep 2020
10.9734/ajeba/2020/v18i130275Abstract
This research aims to analyze the phenomena of the factors affecting the profitability management of state-owned enterprises. The purposive sampling method was used in data collection by selecting seven state-owned enterprises during the last eleven years and using multiple regression analysis techniques. The findings of this study are that subsidy has a negative and significant effect on profitability management, which means that the more it is subsidized, the lower the profitability management indicator will be, mainly because of the decreasing motivation and challenges with profitability orientation. The firm size variable has a negative and significant effect, which means that the larger the company scale, the lower the profitability of management because the task for services requires economic orientation or not financial-based.
Cited by 0
No indexed citations yet.
Related research
- Implementation of International Financial Reporting Standard as a Tool for the Performance of Nigerian Insurance Companies — shares topic coverage
- Analyzing Effect of Alternative Banking Channels on Financial Performance of Burundi Commercial Banks: Evidence from Kenya Commercial Bank in Burundi — shares topic coverage
- Environment and Financial Performance: The Case of the Canadian Oil Industry — shares topic coverage
- Reconfiguring Workspaces: Adaptations of Corporate Real Estate Design in the Context of the COVID-19 Pandemic and Economic Crisis in Sri Lanka — shares topic coverage
- Corporate Governance and Firm Profitability: A Study of Ghana's Banking Sector — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
0
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.