Market Competition and Agency Problem: a Study in Indonesian Manufacturing Companies

Nugroho, Ahmad Cahyo; Stoffers, Jol

doi:10.15294/jdm.v11i1.21684

Cited by 8 publications

(8 citation statements)

References 55 publications

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“…This identity strengthens members' attachment to the community and provides benefits for those involved. Healthy competition and mutual support between members in the IbuSibuk community demonstrate cooperation and competition theory (Nugroho & Stoffers, 2020). Although there is competition between members, they still support each other within the community.…”

Section: Interpretation and Presentation Of Resultsmentioning

confidence: 87%

The Role of Communication Technology in Building Social Interaction and Increasing Digital Literacy in Ibu Sibuk Community

Juan Prince Adeliant,

Tangguh Okta Wibowo,

Andiani Fitri Febrina

et al. 2023

MUDIMA

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Digital transformation involves deep changes in businesses and organizations, with maximizing changes and opportunities in technology and social impact as top priorities. Further research was conducted to analyze the effects of digital transformation on communication in communities and identify effective strategies to overcome communication breakdowns arising from technological change. This research discusses the important role of communication technology in a community, namely the IbuSibuk community. The method used is a case study, with the data collection technique being structured interviews. The results showed that the use of communication technology has a significant role in facilitating social interaction, information exchange, and the self-development of members in the IbuSibuk Community. Platforms such as Instagram, WhatsApp, and Telegram allow members to share information, ideas, and support, while identity as a member of IbuSibuk provides additional benefits, such as the opportunity to collaborate with brands or companies. There are some technical barriers and a lack of digital literacy that affect the use of technology in the community. Therefore, efforts are needed to improve digital literacy so that all members can utilize technology effectively and participate actively in the community. Improving digital literacy includes aspects of digital ethics, digital culture, and digital safety. Support and education on the use of technology can be organized through external initiatives as well as internal activities within the IbuSibuk community

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Section: Interpretation and Presentation Of Resultsmentioning

confidence: 87%

The Role of Communication Technology in Building Social Interaction and Increasing Digital Literacy in Ibu Sibuk Community

Juan Prince Adeliant,

Tangguh Okta Wibowo,

Andiani Fitri Febrina

et al. 2023

MUDIMA

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“…So we carried the review in this study out 12 months from the beginning of the pandemic period (March 2020 to February 2021). With indications that at the beginning of the Covid-19 pandemic, the capital market experienced significant fluctuations (Haryanto, 2016;Wong et al, 2021;Nugroho & Stoffers, 2020). Since the pandemic, the Composite Stock Price Index could not return to its original position, which is around the level of 5.942 in March 2020.…”

Section: Methodsmentioning

confidence: 99%

‘Monte Carlo’ Simulation Predicting on the Movement of Investments – During the Covid Pandemic in Indonesia

Azis,

Ilmi,

Hakim

et al. 2021

JDM

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The movement of the net asset value (NAV) of mutual fund products (MFP) whether high or low in the Covid-19 pandemic conditions in 2020. With the support of the Monte Carlo Simulation (MCS), this study intends to predict the rate of return on mutual fund investment (MFI) providing a choice of the average demand for return on mutual funds (MFR) that investors need. Analysis of the prediction of NAV movements and the rate of return on MFI in 55 MFP with a trial frequency of 48 times, we get an estimate of the average demand for MFR of 37 out of 100 cumulative numbers of probability distributions. The result is 77.08 percent, and an estimated average MFR in Indonesia during the 2020 Covid-19, the simulation got was IDR 421,954. The contribution resulted in a vital discovery of NAV in Indonesia in response to the economic recession affected by Covid-19..

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“…Companies with high market competition can easily be compared with their competitors, allowing principals to be more accurate in monitoring and evaluating managers (Adom et al, 2016). Market competition reduces agency problems (Nugroho & Stoffers, 2020). Managers who take over shareholder wealth will not survive in a competitive environment (Ahmad et al, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Are market competition, customer concentration and company diversification associated with firm value?

Firmansyah,

Fauzi,

Hannun

et al. 2024

JCA

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Investors can respond to company conditions through share price movements in the capital market. Investors will respond positively if they have confidence in the company's sustainability in the future. The market response is usually related to firm value. This research examines the effect of market competition, customer concentration, and company diversification on firm value. It employs a quantitative approach with data from financial reports and stock prices of manufacturing companies listed on the IDX within the period of 2016 to 2020. Research data was obtained from www.idnfinancial.com and www.finance.yahoo.com. The research sample consisted of 645 observations (firm-year) based on purposive sampling. Multiple linear regression analysis for panel data was conducted to test the research hypothesis. This research concludes that market competition and customer concentration are negatively associated with firm value, while company diversification is positively associated with firm value. The research provides literature on firm value based on company strategy using numbers in financial statements.

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Market Competition and Agency Problem: a Study in Indonesian Manufacturing Companies

Cited by 8 publications

References 55 publications

The Role of Communication Technology in Building Social Interaction and Increasing Digital Literacy in Ibu Sibuk Community

The Role of Communication Technology in Building Social Interaction and Increasing Digital Literacy in Ibu Sibuk Community

‘Monte Carlo’ Simulation Predicting on the Movement of Investments – During the Covid Pandemic in Indonesia

Are market competition, customer concentration and company diversification associated with firm value?

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