Operating margin

Abstract: The legal and regulatory framework in India provide for reorganization of sick (defined as accumulated losses exceed net worth) but potentially viable firms. We examine stock returns and operating performance of the 101 firms that emerged as „no longer sick‟ from the bankruptcy proceedings during the period 1992 to 2006. Our short run as well as long run analysis of market performance using various expected return models and estimators show that market is not considering the event of "emerging from bankruptcy" as a positive surprise. In contrast to the results from US market, our analysis of stock returns around the following four quarters‟ earnings announcements indicates that the market for these stocks is informationally efficient. It is evident from the analysis of operating performance that sample firms are neither making superior operating margin nor utilizing the assets efficiently after emerging from bankruptcy. Hence, our study raises doubts over the efficiency of bankruptcy proceedings and it may be possible that the proceedings may allow inefficient firms to reorganize and survive.

Abstract: Covid-19 has had an impact on the Indonesian banking industry, slowing down the rate of economic growth, one of which is caused by slowing credit growth in the community, resulting in decreased profitability in banks. The goal of this study is to examine bank financial performance before and after the Covid-19 outbreak, as well as to provide alternative techniques for improving Indonesian bank financial performance. The data used in this research is secondary data obtained from annual reports on audited banking from 2018 to 2021, which can be accessed on the IDX website. This study employs multiple regression data analysis to assess performance using three financial ratios:Net Interest Margin, Capital Adequacy Ratioand Return On Assetsto GDP. The findings of this study show that theNet Interest Margin, Capital Adequacy Ratio and Return On Assetsvariables have a significant positive effect on GDP in the phenomena before and after the Covid-19 pandemic

Abstract: The purpose of this study is to determine the difference in the acquirer’s financial performance as measured by the current ratio of debt to equity ratio of the operating profit margin net profit margin return on investment return on equity between before and after the acquisition. The type of research used is comparative, the object of study used is energy and mining companies that conduct acquisitions listed on the Indonesia Stock Exchange between 2010-2015. The sampling technique used purposive sampling so that ten companies of energy and mining sector acquired the acquisition activity during the 2010-2015 period whose financial statements are listed in Indonesia Stock Exchange. Test results using Paired Sample t-Test show that four financial ratios do not experience significant differences, namely current ratio, operating profit margin, return on investment and return on equity and two ratios that are different, that is the ratio of debt to equity ratio, net profit margin.