Factors Influencing Company Performance

Abstrak

Purpose – This study intends to investigate and collect empirical evidence concerning the factors that influence the company performance, namely earnings quality, real earnings management, and information asymmetry.

Design/methodology/approach – The study utilized a sample of 79 non-cyclical consumer sector companies that were listed on the Indonesian Stock Exchange during the years 2021 and 2022. The total sample size was 158. This study utilizes panel data analysis.

 Findings – Real earnings management adversely affects company performance. Company performance is not significantly affected by the quality of earnings and information asymmetry.

 Research limitations/implications – This study exclusively employed a subset of non-cyclical consumer sector companies that are registered on the Indonesia Stock Exchange, thereby limiting its generalizability.