Public Attention and Financial Information as Determinants of Firms Performance in the Telecommunication Sector

The remarkable progress of information technology had driven every firm to publish their financial performanceby using internet. This circumstance resulted in the high public attention in order to generate the stockreturn. In addition, financial information such as financial ratio namely DER, LEV, NPM, ROI, and ROEwere supposed to influence the firm\u27s performance either in positive or negative effects. This study focused onthe investigation of public attention (PA) and financial information as determinants of financial performanceon four companies in Telecommunication sector, Indonesia Stock Exchange (IDX), within time period from2007 to 2012. Hereby, we pointed out that public attention and financial information considerably contributeto firm performance, in which the Pooled Least Square (EGLS) with cross section and period weight wasemployed. The results showed that Public Attention (PA) positively contributed towards stock return. Further,financial ratio such as debt-to-equity ratio (DER) negatively influenced the return. Leverage (LEV), net profitmargin (NPM) and return on investment (ROI) positively related to return. However, return on equity (ROE)showed the contrary sign, in which it negatively influenced the return but was statistically insignificant. Then,we reported that the stock price (LNSP) did not significantly contribute towards return (RET)

Board Diversity and Risk-Taking: Empirical Evidence of Indonesian Banking Industry

Goals of this research to prove influence board_diversity on the risk-taking behaviour of Indonesian banks. Sample is used 53 bank commercial with periode from 2000-2018. We find effect positive from board diversity on risk taking commercial bank in Indonesia. Size of the diversified role of the board of directors significant effect on risk. Our study provides significant findings with respect to the development of risk-taking model behavior of Indonesian banks