Financial Performance Information System Using Economic Value Added Method

This research aims to measure and calculate the company's financial performance using the EVA method and to assess the company's ability to generate economic value added for the company and investors. The research method used is descriptive quantitative research, utilizing quantitative data types and sources, specifically secondary data obtained from the official website of the Indonesia Stock Exchange (IDX). The analysis of the company's financial performance in this study uses the Economic Value Added (EVA) method, which measures or assesses the company's ability to generate economic value added. Based on the research results using the EVA method, PT. Sumber Alfaria Trijaya Tbk and PT. Matahari Putra Prima Tbk in 2020 generated positive EVA values (EVA > 0). Meanwhile, in 2021 and 2022, they produced negative EVA values (EVA < 0). PT. Hero Supermarket Tbk and PT. Supra Boga Lestari in 2020 and 2021 generated negative EVA values (EVA < 0). Whereas in 2022, it generated a positive EVA (EVA > 0). PT. Midi Utama Indonesia Tbk in the years 2020 – 2022 generated negative EVA values (EVA < 0). Based on the EVA analysis results, if EVA is positive (EVA > 0), it means the company can create economic value added, so the company's financial performance can be said to be running well. Whereas if EVA is negative (EVA < 0), it means the company is unable to generate economic value added, so the company's financial performance can be said to be not running well as expected by the company.

<span lang="EN-AU">Objective research to evaluate and gather empirical data regarding the impact of concurrent and partial financial management choices on financial performance and Economic Value Added (EVA). Examine and gather data demonstrating EVA influences financial performance and financial management decisions. 37 manufacturing companies that were listed between 2018 and 2022 on the Indonesia Stock Exchange served as the samples. Path analysis is a technique used in data analysis. Testing mediated variables using sobel tests. Finding EVA is not significantly impacted by financial management actions, both partially and concurrently. Financial performance is influenced, in part, merely by decisions made about finance and investments; judgments made about financial management also have an impact. The financial performance is not significantly impacted by EVA. Financial performance and funding and investment decisions are closely related through EVA whereas dividend policies do not. Simultaneously, all three financial management decisions did not have a significant relationship to financial performance through EVA, and EVA did not mediate all three financial management decisions to financial performance</span>

Public Finance Management Systems are generally used in the management of finance in the public sector. Although government is not necessarily a profit-making enterprise, sound financial performance is crucial to ensure the right services are rendered to the citizens as is required. Contextual investigations of progressively effective nations demonstrate that variables supporting fruitful execution of financial performance goals emanate from the significant specialists to budgetary change goals. The general objectives of this study was to assess the impact of integrated financial management information system implementation on financial performance in Trans Nzoia county, Kenya The specific objectives were; to establish the effect of IFMIS implementation on financial performance in Trans Nzoia County, to examine the benefits realised from IFMIS implementation on financial performance in Trans Nzoia County, to determine the challenges faced in the IFMIS implementation on financial performance in Trans Nzoia County and to investigate the level of awareness and satisfaction of the public about the IFMIS Implementation on financial performance in Trans Nzoia County. The study is anchored on technology acceptance Model, theory of budgeting and cost reduction theory. Data was examined by descriptive statistics such as mean, mode and median. The study also used inferential statistics such as regression and Pearson’s correlation coefficient. The results were statistically presented in forms of frequency distribution tables, charts and bar graphs. The SPSS (version 17) computer software was employed for analyzing data. The study found IFMIS to a great extent, is applied in Trans Nzoia County and there is huge enhancement for duty control and decreased change between spending arrangement and discharges. The greater part of the destinations of IFMIS have been accomplished including upgrading straightforwardness and responsibility, improving public use the executives, encouraging monetary control and limiting dangers. It was uncovered that, through IFMIS, Trans Nzoia County has had the option to build up useful institutional courses of action, create legitimate and administrative system, guarantee rivalry in offering and bolster inward control and responsibility control. The study concluded that there is in this way need to have limit assembling and improved terms of administration for public officials. The utilization of universal measures and strategies in macroeconomic examination, planning, bookkeeping, obtainment, and review requires talented staff that can apply new techniques in proficient way. Presentation of IFMIS and other mechanized framework requires explicit aptitudes and preparing for public officials.

The financial report is the result of the act of making a summary of financial data. The financial statement is the result of the act of making a summary of financial data. Financial statements issued by the company are one of the sources of information regarding the company's financial position, performance, and changes in the company's financial position that are useful to support the right decision-making. The performance of a company, both financial performance and other performance, of course, depends on the company's operations. The aim of this research was to determine the company's financial performance by using the du pont system at PT. PLN (PERSERO) of customer service implementation Unit in Parepare for the last five years (2015-2019). This research was conducted at PT. PLN (PERSERO) of customer service implementation Unit in Parepare for 3 months starting from May to July 2021. This research used a method to analyze company performance with du pont system (ROI with a Du Pont approach). The results of the research proved the financial performance at PT. PLN (Persero) of the customer service implementation Unit in Parepare is in good condition viewed from the NPM, while it is in poor condition viewed from the TATO, then if it is viewed from the ROI, the company's financial performance is in good condition. Therefore, it concludes that the financial performance at PT. PLN (Persero) of the Customer Service Implementation Unit in Parepare is in good condition, although the TATO value shows an unfavorable value. However, the ROI value is still in accordance with the standard because it is balanced with the NPM value which is always increasing.

Financial information system is an information system that provides information to individuals or groups of people, both inside and outside the company that contains financial problems and information about the flow of money for users in the company. Financial information systems are used to solve financial problems in a company, by meeting three financial principles: fast, safe, and inexpensive.Quick principle, the intention is that financial information systems must be able to provide the required data on time and can meet the needs. The Safe Principle means that the financial information system must be prepared with consideration of internal controls so that company assets are maintained. The Principle of Inexpensive, the intention is that the cost of implementing a financial information system must be reduced so that it is relatively inexpensive.Therefore we need technology media that can solve financial problems, and produce financial information to related parties quickly, safely and cheaply. One example of developing information technology today is computer technology and internet. Starting from financial problems and technological advances, the authors make a website-based financial management application to facilitate the parties that perform financial management and supervision.Method of development application program is used Waterfall method, with the following stages: Software Requirement Analysis, Software Design, Program Code Making, Testing, Support, Maintenance.

Financial information system is an information system that provides information to individuals or groups of people, both inside and outside the company that contains financial problems and information about the flow of money for users in the company. Financial information systems are used to solve financial problems in a company, by meeting three financial principles: fast, safe, and inexpensive.Quick principle, the intention is that financial information systems must be able to provide the required data on time and can meet the needs. The Safe Principle means that the financial information system must be prepared with consideration of internal controls so that company assets are maintained. The Principle of Inexpensive, the intention is that the cost of implementing a financial information system must be reduced so that it is relatively inexpensive.Therefore we need technology media that can solve financial problems, and produce financial information to related parties quickly, safely and cheaply. One example of developing information technology today is computer technology and internet. Starting from financial problems and technological advances, the authors make a website-based financial management application to facilitate the parties that perform financial management and supervision.Method of development application program is used Waterfall method, with the following stages: Software Requirement Analysis, Software Design, Program Code Making, Testing, Support, Maintenance.

The purpose of this study is to determine the effect of ESG Disclosure and financial slack on the Company's financial performance by using leverage as a moderating variable. The emergence of issues related to the environment, social, and governance of company operations in Indonesia raises concern and responsibility to the community in the form of sustainability reporting. ESG disclosure provides a more complete picture of the sustainability aspects of company performance that supports regulatory reporting in Indonesia which provides an overview of how the company performs financially in a certain period. This research uses a quantitative approach with an explanatory method. The sample of this study is a mining company listed on the IDX for the period 2020-2022. The sampling method used was purposive sampling, with a total sample size of 50 companies and a total observation data of 150. Data analysis using moderated regression analysis (MRA). The results showed that the financial slack variable had a significant effect on the company's financial performance and leverage was able to negatively moderate the influence of the financial slack variable on the company's financial performance. In contrast, ESG disclosure had no significant effect on the company's financial performance and leverage was unable to moderate the influence of the ESG disclosure variable on the company's financial performance.

Administrative and financial information systems are one of the most widely applied information technologies to facilitate the management of various data into information. TK-IT Permata Hati Sumberrejo still uses manual methods to manage data student, teacher, and staff data as well as recap payment. Data processing is using Microsoft Excel, which results in time-consuming when entering data and when re-doing data correction before reported. This system was developed aiming to help data and financial management to be more effective and efficient. The information from the data entered can be conveyed properly. Therefore, it is necessary to develop a web-based administrative and financial management information system using PHP programming language with Laravel framework. This system designed using the waterfall method. Then the system will be evaluated using the Black Box and User Acceptance Test. The results of this study are an information system with various features that can be used to manage student, teacher, and staff data, as well as to manage recap payments of tuition fees, POMG, uniforms, and activities. The results of the system testing by the Principal, Treasurer, Administrative, and Admin staff can be concluded that the system is running well and meets the needs of the school.

This paper investigates the intricate relationship between Economic Value Added and equity capital, aimed to determine their synergies in evaluating a company's financial performance. It is a metric designed to measure the company’s economic profit by considering the cost of capital, serves as a pivotal indicator of its wealth creation capabilities. Conversely, equity capital constitutes the primary funding source from shareholders, representing a fundamental aspect of a firm's financial structure and ownership. The primary objective of this study is to analyse the relationship between Economic Value Added and equity capital in select companies listed in BSE Sensex, observing the underlying dynamics that govern a company's efficacy in utilizing shareholder funds to generate sustainable profits. The present study also focused on the impact of equity capital on Economic Value Added and to forecast the Economic Value-Added trajectory for these entities in forthcoming years. The findings of the study reveals that there is relation between equity capital and economic value added for various companies in both positive and negative ways, as well as the significance of autocorrelation in decision-making. Additionally, the impact of equity capital on economic value added was established in Reliance, ICICI, ITC, HCL, Dr Reddy's, and Axis Bank. Lastly, the ARIMA model provided insights into the significant growth in from 2023 to 2031 in ITC, L&T, SBI, Mauritius, Nestle, and Wipro including a notable turnaround for HDFC Bank in the later years.

Debt restructuring is an action that has often been used, especially in one of the largest industries in Indonesia, namely mining, to assist companies in resolving problems from their obligations. The exploration and expansion in mining industries require big capital. Raising capital through debt is one of the ways to raise capital other than listing a company through an Initial Public Offering. On the company's financial performance, debt restructuring is likely to have a beneficial impact. Purposive sampling was used to gather the sample for this study, which included 13 mining companies registered on the IDX that underwent debt restructuring between the years of 2015 and 2018. The research was conducted by comparing the company's financial performance 3 years before and after debt restructuring through the calculation of financial ratio analysis: Current Ratio (CR), Debt Ratio (DR), Return on Assets (ROA), Total Assets Turnover (TATO), Time Interest Earned Ratio (TIER), and Economic Value Added (EVA) through the Paired Sample T-Test, and Wilcoxon Signed Rank Test in IBM SPSS Statistics 25 application to see the difference on every ratio that is tested. This study found a difference in financial performance in the ROA and TIER ratios, while there was no difference in the CR, DR, TATO, and EVA ratios.

The development of cloud computing technology provides a new option for construction of group company financial management information system. It can complete make up the shortages of traditional financial management mode through application of cloud computing technology. This paper brings forward the applicable scheme of private cloud technology on the construction of group company financial management information system based on private cloud service platform, and creates the overall architecture of new model of group company financial management information system. We hope that the construction progress of group company financial management information system can be pushed forward by this research.

This study examines the impact of good corporate governance on the company's financial performance. The population in this study are companies listed in the LQ45 Index for the 2017-2021 period. This study used a purposive sampling technique and obtained 28 companies, with as many as 140 observations. The result shows that managerial ownership has no significant effect on the company’s financial performance. The variable size of the board of directors has a significant positive effect on the company's financial performance. The independent commissioner variable has no significant effect on the company's financial performance. Audit committee meeting variables and gender diversity have no significant effect on the company's financial performance. Firm size as a control variable has no significant effect on company finances, and leverage as a control variable has a significant negative effect on the company's financial performance. Further researchers are also advised to examine other factors related to good corporate governance

This research aims to find out how the financial performance of PT. Mustika Ratu, Tbk during 2012-2021 based on analysis of liquidity ratios and profitability ratios. The type of research used in this research is descriptive qualitative research. The results of this research indicate that the level of health of PT's financial performance. Mustika Ratu is in the bad category. Based on the liquidity ratio, the level of financial health at PT. Mustika Ratu Tbk from 2012-2021 is classified as not good. From the profitability ratio aspect, the level of financial health in 2012-2021 is classified as poor because it does not meet the average industry standard. Thus it can be said that from the aspect of liquidity ratios and profitability ratios of PT. Mustika Ratu has poor financial performance in operating and competing in the business world in the cosmetics industry. The suggestion in this research is that in order for the company's financial performance to be good, the company should carry out ratio analysis to find out more deeply the condition or state of the company's financial report performance.

Purpose: This study aims to examine the effect of eco-efficiency on the company's financial performance. This study uses natural resource-based theory to provide empirical evidence regarding the effect of sustainability policies in the form of emission reductions on the financial performance of companies listed on the Indonesia Stock Exchange. Methodology/approach: The concept of eco-efficiency is measured using the emission intensity approach. This study uses a period of data panels from 2019 to 2021 to capture the effect of eco-efficiency on the company's financial performance. Using three accounting measures of financial performance in the research model: ROA, ROE, and ROS, to understand in more detail the impact of eco-efficiency on the company's financial performance. Findings: This study finds that eco-efficiency positively impacts financial performance. This finding implies that the fewer Green House Gas emissions produced, the higher the company's financial performance. Practical implications: These findings prove to the company that emission reduction policies can positively impact the company's financial performance. Originality/value: This study uses a measure of eco-efficiency that is different from previous research by measuring eco-efficiency in the context impact on the environment from company operations through the emissions produced by the company.

Intellectual capital is a unique resource, categorized in intangible assets, so that not all companies can replicate it. Then the intellectual capital is a key resource for the company to create value added which will further creating a competitive advantage. Intellectual capital can be used as an indicator of the success of the company's financial performance. The company is able to manage and utilize the available resources, to create added value for the company so that the company's financial performance will increase. The purpose of this study was to determine the influence of intellectual capital consists of Human Capital, Structural Capital and Customer Capital on the company's financial performance is measured by using the approach of return on assets (ROA). Sample is the banking industry, which is listed on the Indonesian Stock Exchange (IDX) period 2008 - 2012 there were 22 companies. Data is the banking industry's financial statements in the period 2008-20012 are listed in Indonesia Stock Exchange (IDX). Using multiple regression analysis, intellectual Capital measurement model is using a model Pulic (1998) i.e. Value Added Intellectual Co-efficiency (VAICTM) as well as elements of Human Capital Value Added (VAHU), Customer Value added Capital (VACA), and Structural Capital Value Added (STVA). The results showed, partially (1) Human Capital (HC) effect on the financial performance of +2.085 regression coefficient, that means the higher Human Capital (HC), the better the financial performance. (2) Customer Capital (CC) effect on financial performance of + 3.568 regression coefficient. It means the higher Customer Capital, the better financial performance. (3) Structure Capital (SC) effect on the financial performance of positive regression coefficient 2.064. This means that the higher the Capital Structure, the higher the company's financial performance. Simultaneously measured by the Intellectual Capital Value added efficiency (VAICTM) consists of Human Capital (HC), Customer Capital (CC) and Structure Capital (SC) significant effect on financial performance as measured by return on assets (ROA) of: ROA = 0.089 + 0.112 (HC) + 1.501 (CC) + 0.708 (SC). The Intellectual Capital component Human Capital, Customer Capital and Structural Capital affect the company's financial performance 72.20 %, while the rest is influenced by other factors.