Penelitian ini bertujuan untuk menganalisis kinerja keuangan 24 perusahaan perbankan Go Public di Indonesia yang listing di Bursa Efek Indonesia dengan CostEfficiency Ratio (CER). Kemudian, akan coba menganalisa kinerja perbankan dari sisi efisensi biaya periode 4 tahun (2008- 2011) yang dimiliki oleh bank-bank tersebut. Selanjutnya untuk tingkat efisiensi biaya akan dilihat dari rata-rata nilai CER berdasarkan publikasi laporan keuangan periode 4 tahun tersebut. Sampel yang digunakan dalam penelitian ini berjumlah 24 bank. Teknik pengambilan sampel yang digunakan adalah purposive sampling dan data yang digunakan adalah data sekunder berupa annual report, data laporan rugi laba perusahaan perbankan yang terdaftar di Bursa Efek Indonesia. Teknik analisis yang digunakan adalah statistik deskriptif. Penelitian ini menunjukkan bahwa rata-rata untuk CER industri perbankan untuk tahun 2008-2011 adalah (73,2%) Dari penelitian ini juga dapat disimpulkan bahwa sebagian besar (87,5% ) sebanyak 21 perusahaan perbankan masih kurang efektif pada sisi pengeluaran biaya.
It can be concluded that BPRS as the banking industries provide special evidence. First of all, it is more unique in term of their role, business model, and business size. It was found that among these shariah rural banks are with the present software and, therefore, they have used better software for their financial report. In the initial report, this study revealed that the average efficiency is 64% with the minimum of 30% and maximum 100%. Only five banks can achieve efficiency (among 29 banks), in the investigation. From city of origin, it was found that the banks in Pasuruan and Probolinggo are considered to have the most efficiency. The following step found that the estimated costefficiency are on a set of bank specific variables (such as size, equity to total asset, loan to total asset, problem financing).
The purpose of this study is to obtain information from businessmen about how far multimoda transportation system that is applied during this time can affect the efficiency of existing logistics costs and what constraints that affect the implementation of the multimoda freight transportation system. The role of multimoda transport is growing very fast in recent decades which are in line with the growth in demand for goods consumed by society and production machines. The movement of goods is keep on increasing that requires an efficient transportation and can be executed quickly, so a system is very needed thatis called multimoda. This system is believed to reduce logistics costs, knowing that the Indonesia logistical index is still below compared to other countries in Asean, that is 24% of the GNP. The research found out that the Multimoda Transportation System has a strong relation with the Logistics CostEfficiency of r = 0.89 and the regression relationships form Y = -0809 + 1:12 X + e, X = MultimodaTransport System and Y = Logistics Efficiency Costs. The influence of Multimoda System on Logistics Costs in the opinion of the respondents is 80%, assuming other factors are not observed.
persamaan regresi di atas dapat dinterpretasikan beberapa sebagai berikut (1) Operational efficiency ratio (Rasio BOPO) memiliki nilai signifikansi sebesar 0,125 (>0,05) dengan nilai thitung (-1.842) <ttabel (2,015). Oleh karena itu, operational efficiency ratio (rasio BOPO), sebagai variable X1 dalam penelitian ini, secara parsial tidak memiliki pengaruh yang signifikan terhadap net profit margin (NPM). Nilai B yang sebesar -1,398 menunjukkan bahwa setiap terjadi kenaikan pada rasio BOPO sebesar 1%, maka nilai NPM akan berkurang sebesar1,398%. (2)Costefficiency ratio (CER) memiliki nilai signifikasi sebesar
Dalam rangka cost saving program yang mulai dijalankan sejak tahun 2011 pada PT IFJS, salah satu post yang terlihat cukup besar tiap bulannya secara rutin dan memungkinkan untuk dilakukan efisiensi terhadap biaya ini adalah biaya untuk komunikasi/telepon. Dengan adanya program ini maka PT IFJS mengundang vendor/konsultan pada bidang IT untuk melakukan analisis permasalahan yang ada dan memberikan beberapa strategi untuk melakukan efisiensi biaya telepon dengan tanpa banyak mengubah keadaan infrastruktur yang telah ada saat ini.
The main components of HPB include HPP, the purchase price of rice by BULOG to farmers or in accounting terms is the cost of goods sold. Simply put, to assess whether the cost is efficient or not, we calculate costefficiency which is the ratio between the HPP against HPB; the higher the costefficiency is, the more efficient the cost structure becomes. Based on data from the Ministry of Finance, the average ratio for 2002-2009 amounted to 83.22%, it means that 16.18% of the HPB is a cost and margin excluding the cost of goods. In the past three years, the ratio of HPP to HPB has decreased, in the 2009 the ratio has made 78.18%, the lowest one since 2002 (see Table 1). This indicates an increase in the proportion of costs and margins outside the HPP, which means a decline in costefficiency. The research of SMERU Institute (2007) noted that there is an increase in component costs of exploitation, management cost and interest expense during the period 2002 to 2007, while procurement and packaging costs fluctuate.
The second step was to use panel data regression analysis to find out the factors affecting efficiency level. Considering the classical assumption test conducted, no variable deviated. It showed that the available data were qualified to use equation model. From regression analysis, it could be found that total asset (size), ROA (return on assets), equity, and NPL/NPF (non performing loan/finance) affected the efficiency level, including technical efficiency (TE), pure technical efficiency (PTE), scale efficiency (SE), costefficiency (CE), and allocative efficiency (AE), in either Conventional or Syariah Public Bank.
Coffee (Coffea spp. L.) is one of a strategic commodity. The coffee public plantation is spread out to some sub-districts in Jember, especially in Kalisat and Silo. Increasing profit can be taken by product costefficiency of coffee product both by method of wet process and dry process. By the unstable coffee selling price by the farmers causes farmers need a guide line to choose processing method that owns the highest product costefficiency. The aim of this research was to find out the product costefficiency coffee processed in Sidomulyo. Research method used was descriptive and analitics method. Data analysis used including R/C ratio. The result shows that the value of R / C ratio on coffee processing fruits into HS coffee is of 1.19, while the coffee processing fruits into coffee ose is 1.06. Value of R / C ratio on the processing of HS coffee into coffee powder if wet is of 1.67, while the coffee processing ose into coffee powder if dry is equal to 1.31. Value of R / C ratio at various stages of coffee processing is efficient, but the value of R / C ratio is the highest at the time of processing HS coffee into coffee powder for wet processed method.
Having three concessions that are located adjacent to each other, the Company still has the ability to continually maximize costefficiency initiatives through a combination of joint mine plan execution and infrastructure sharing over the upcoming years. Considering the much lower NEWC Index price in 1H15 compared to 1H14, in 1H15, the Company managed to produce and sell 3.0 million tons and 3.3 million tons respectively , which were consistent with the Company’s 2015 annual g uidance. Given the first semester’s production and sales volume results, the Company is expected to maintain its quarterly production and sales volume run rates for the year to conform to the Company’s 2015 annual guidance.
An example of one of the firms in our sample is a specialty When bankruptcy is on the horizon, Hitt, Keats, Harback, merchandise store that proposed to change and expand its and Nixon (1994) state that creditors become myopic in the merchandise to reflect changing consumer tastes. As a result sense that reorganization plans focus excessively on risk aver- the store’s product lines increased to over 200 items and sion, localization, and the short-term bottom line. Thus, it is its projected sales growth increased to 23%. This company expected that managers will present plans that focus on bottom received a score of 5 on both product mix and projected line, cost-cutting strategies when creditors have significant sales growth. The plan also requested additional funds for influence. Banks typically place constraints on managers’ op- advertising new merchandise, which increased the projected erating and financing policies in Chapter 11 (see Gilson, marketing expense by 45%. The firm was also given a score 1990), and banks are active participants in the Chapter 11 of 5 on this variable. Although the plan required the new process (see Asquith, Gertner, and Scharfstein, 1994). Gilson, management to cut salary and administrative costs by 5%, John, and Lang (1990) provide evidence that banks are aggres- the overall expenses remained the same. The company was sive external constituents and have significant bargaining ranked in the fourth quintile on the costefficiency variable, power when the firm is in financial distress. Following their which gave it a score of 2. Overall, the company received a analysis, we measure the degree of bank creditor influence as mean score of 4.25 and was classified as a prospector. the ratio of bank debt (bank liabilities/total liabilities) divided
The results for Equation 1 as in Table 6 show that Capital (ETA) is positive and is significant at 1% indicating that well-capitalized banks are more cost efficient than under-capitalized banks. Risk-taking (LTA) is positive and significant indicating that banks that perform their role as a financial intermediary are more efficient. LASSET is positive and significant at 1%. It is clear that costefficiency benefit from economies of scale is unchallenged. Variable RISK (ex-post risk) is negative but insignificant. PERSTEX is positive although not significant. Variable FIXTAS is negative and significant suggesting that higher fixed asset in the banking book reduces efficiency. Economic freedom (FREE) is positive and significant, indicating the importance of freedom for efficiency. Economic growth (EGRW), corruption index (CORRUPT) and economic freedom (FREE) are positive and significant. These suggest that higher economic growth and economic freedom contribute positively to bank costefficiency. Interestingly, on corruption, this contradicts to the established views that corruption is harmful to business. It seems corruption is beneficial in ASEAN banking and enhances efficiency at least at the micro level. Leff (1964) concludes that in many cases, corruption is a way to circumvent inefficient government regulations. When such a regulation can be managed, business can be performed at a cheaper cost compared to following the regulation. Cazurra (2006) studies the impact of corruption on foreign direct investment (FDI) and finds that corruption is partly beneficial. However, the finding is inconsistent with Dal Boa & Rossi (2007) using an electric company in Latin America. They find that more corruption in the country is strongly associated with more inefficient firms. This can be seen as they employ more inputs to produce a given level of output.
bank didasarkan pada kemampuan bank untuk menghasilkan profit maksimal pada tingkat harga output tertentu dibandingkan dengan tingkat keuntungan bank yang beroperasi terbaik (best practice bank) dalam sampel. Model ini seringkali dikaitkan dengan suatu kondisi pasar persaingan sempurna dimana harga input dan output ditentukan oleh pasar. Dengan kata lain tidak satupun bank yang dapat menentukan harga input maupun harga output sehingga bank bertindak sebagai price-taking agent. Berger dan Mester (1997), pendekatan Profit Efficiency lebih superior dibanding pendekatan CostEfficiency karena Profit Efficiency memperhitungkan inefficiency dari kedua sisi yaitu input dan output, secara konsep ekonomi Profit Efficiency dapat lebih diterima dibandingkan CostEfficiency, dan CostEfficiency yang didasarkan pada cost minimum pada level output tertentu, yang padahal tingkat output tersebut belum tentu pada tingkat output yang optimal 4 .
cost of local tax revenue by Rp. 225,821,665,043.00. Highest CCER found in 2012 for 14.22%, while the lowest occurred in 2010 for 22.02%. The low achievement of CCER due to the level of effectiveness (TPI) does not reach the target, especially for the reliable taxes. Thus, CCER achievement with an average rate of 17.65% showed financial performance in costefficiency included in pretty good. Findings in this study indicate that DISPENDA Makassar has run their duties and functions well in the optimization of available resources .
FAO (2011) stated that good practice for dairy farm- ers is about implementing result of previous practices on dairy farming study, as has been done by Hertanto (2014) who concluds that some local dairy farmers are able to produce milk in high quantities by using raw materials and different formulas. Local dairy farmer formula from previous study is still not confirmed its superiority in terms of costefficiency and product quantity. Therefore, it is required to evaluate rations by considering the feed cost to get the best ration formula in terms of milk production and feed costefficiency. Feed cost contributes (consentrate and forage) 62.5% in production of 1 L milk (Yusdjah, 2005).
The purpose of this study was to determine the relationship of Environmental Management Accounting to Improve Competitive Advantage and Corporate Profitability. The method used in the conduct of research is descriptive method of analysis and data collection through interviews and document study. The data used in this research is secondary data from the income statement and balance sheet in the year 2010 to 2012. Hypothesis testing is done by using the formula of Environmental Management Accounting, Eco-efficiency and ROA. These results indicate that: 1) Environmental Management Accounting negative impact on the competitive advantage of the PT Kraft Ultrajaya Indonesia at negative 0.45%, 1.85% and 0.62%, and the positive impact of 1.70% PT AFI, 0 , 35%, and 0.26% during the years 2010 to 2012. 2) Environmental Management Accounting positive impact on profitability for PT Kraft Ultrajaya Indonesia and PT AFI are respectively: 2.95%, 3.45% and 14.65 %; 37.49%, 33.12%, and 28.59%.
Pengungkapan modal intelektual yang dilakukan oleh perusahaan akan sangat berdampak pada pihak eksternal. Adanya pengungkapan yang lebih terbuka akan meningkatkan nilai tambah bagi perusahaan tersebut. Penelitian ini bertujuan untuk menganalisis pengaruh modal intelektual; Capital Employed Efficiency (CEE), Human Capital Efficiency (HCE) dan Structural Capital Efficiency (SCE) terhadap tingkat pengungkapan modal intelektual dengan kinerja keuangan perusahaan yang diproksikan dengan ROA sebagai variabel intervening. Populasi penelitian ini adalah perusahaan perbankan yang terdaftar di Bursa Efek Indonesia. Pemilihan sampel menggunakan metode purposive sampling. Berdasarkan metode ini, diperoleh sample sebanyak 120 perbankan. Alat analisis untuk menguji hipotesis adalah path analysis dengan software AMOS versi 21. Metode analisis data menggunakan analisis statistik deskriptif dan analisis jalur.
Sebagaimana gambar 1 di atas, sistem akuntansi biaya terdiri dari tiga tahap yakni 1) mengumpulkan biaya (cost accumulation); 2) mengklasifikasikan biaya berdasarkan biaya material, tenaga kerja, atau overhead (cost measurement); dan 3) mencocokkan dengan cost object (cost assignment) dalam hal ini adalah jasa layanan rawat inap dan rawat jalan.
Villalon, J., Maugle, P., Laniado, R. (1989) Present Status and Future Options for Improving the Efficiency of Shrimp Mariculture. In: Olsen, S. and Arriaga, L., editors. A Sustainable Shrimp Mariculture Industry for Ecuador. Narragansett, RI: Coastal Resources Center, University of Rhode Island