ANALYSIS OF FINANCIAL PERFORMANCE BETWEEN BUMN AND BUMS INFRASTRUCTURE SECTOR LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE PERIOD 2019-2020
DOI:
https://doi.org/10.38035/ijam.v1i3.192Keywords:
Analysis, Financial Performance, Financial Ratios, Infrastructure SectorAbstract
The purpose of this study was to determine and analyze the comparison of financial performance of BUMN and BUMS Infrastructure Sector companies listed on the Indonesia Stock Exchange. The data analysis method used in this study consists of two types, namely Quantitative Analysis and Descriptive Statistics. The population used in this study were BUMN and BUMS infrastructure sector companies with a sample of 41 companies. Based on the results of the study, it was found that there were differences in financial ratios. In general, BUMS is superior in liquidity ratios, Asset Management and Debt Management. While BUMN excels in profitability ratios. However, both BUMN and BUMS experienced a decline in financial performance in 2020. Overall, BUMN is better than BUMS
References
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Sugiyono. (2018). Metode Penelitian. Metoda Penelitian, 1–9.
Sutha. (2018). Marchandising Business. Journal of Chemical Information and Modeling, 53(9), 1689–1699.
Sutjipto, E., Setiawan, W., & Ghozali, I. (n.d.). Indonesia Stock Exchange. 2020. Retrieved April 28, 2022, from https://www.idx.co.id/en-us/market-data/stocks-data/list-of-stocks/
Tanzeh, A., & Arikunto, S. (2020). Metode Penelitian Metode Penelitian. Metode Penelitian, 43, 22–34.
Gofwan, H. (2022). Effect of Accounting Information System on Financial Performance of Firms?: A Review of Related Literatures. DEPARTMENT OF ACCOUNTING – 2nd Departmental Seminar Series with the Theme – History of Accounting Thoughts: A Methodological Approach Page, 2020, 57–60.
Hungan, A. G. D., & Sawitri, N. N. (2018). Analysis of Financial Distress with Springate and Method of Grover in Coal In BEI 2012 - 2016. International Business and Accounting Research Journal, 2(2), 52. https://doi.org/10.15294/ibarj.v2i2.39
Kabul Wahyu Utomo, Mila Arlinawati, N. N. S. (2020). The Sensitivity of Financial Position and Financial Behavior of Young Workers. Jurnal Manajemen, 24(2), 232. https://doi.org/10.24912/jm.v24i2.645
Lee, M. T., & Suh, I. (2022). Understanding the effects of Environment, Social, and Governance conduct on financial performance: Arguments for a process and integrated modelling approach. Sustainable Technology and Entrepreneurship, 1(1), 100004. https://doi.org/10.1016/j.stae.2022.100004
Sawitri, N. N., Ermayanti, D., Farida, U., Junus, D., Baharuddin, Hasmin, Yusriadi, Rachman, E., Jumra, & Vikaliana, R. (2019). Human Resources Competency, the Use of Information Technology and Internal Accounting Control on Time Procurement of Financial Reporting. Journal of Physics: Conference Series, 1175(1). https://doi.org/10.1088/1742-6596/1175/1/012263
Saygili, E., Arslan, S., & Birkan, A. O. (2022). ESG practices and corporate financial performance: Evidence from Borsa Istanbul. Borsa Istanbul Review, 22(3), 525–533. https://doi.org/10.1016/j.bir.2021.07.001
Suryawan, R. F., Susanto, P. C., Parmenas, N. H., & Setiadi, D. (2021). Strategy to Increase Bank Satisfaction in the New Normal Era of Covid-19. Jurnal Mantik, 5(3), 1977–1981.
Xie, X., Hoang, T. T., & Zhu, Q. (2022). Green process innovation and financial performance: The role of green social capital and customers’ tacit green needs. Journal of Innovation and Knowledge, 7(1), 100165. https://doi.org/10.1016/j.jik.2022.100165
Aditya, N. indra A., Suryathi, N. W., Karyati, N. ketut, Suartika, M. P., & Sudama, K. (2021). Perbandingan Kinerja Keuangan Kelompok Wanita Tani “Jempiring” Kabupaten Badung Sebelum Dan Selama Pandemi (Covid – 19). DwijenAGRO, 11(2), 89–103.
Anindita, H. (n.d.). Infrastruktur Perusahaan?: Pengertian, Jenis, dan Komponen. 2021. Retrieved May 8, 2022, from https://www.jojonomic.com/blog/infrastruktur-perusahaan/
Astuti, S. I., Arso, S. P., & Wigati, P. A. (2018). Analisis Statistik Deskriptif. Analisis Statistik Deskriptif, 3, 103–111.
Citrayani, I., & Syaputra, D. (2019). Perbandingan Kinerja Keuangan. Pasca.Unhas.Ac.Id, 7(3). http://pasca.unhas.ac.id/jurnal/files/862686027a4afd60c888a9dc3e6f18f5.pdf
Cookson, M. D., & Stirk, P. M. R. (2019). Analisis Perbandingan Kinerja Keuangan Bank Syariah Berdasarkan Rasio Keuangan Tahun 2018-2020. VII(I), 32–54.
Goleman. (2019). Metode Penelian. Journal of Chemical Information and Modeling, 53(9), 1689–1699.
Lubis, N. (2019). Analisis Perbandingan Kinerja Keuangan Bank Umum Syariah dan Bank Umum Konvensional. 104–108.
Maiti, & Bidinger. (2020). Problematika Ekonomi Dan Pandemi Covid-19. In Journal of Chemical Information and Modeling (Vol. 53, Issue 9). http://repositori.uin-alauddin.ac.id/id/eprint/17539
MPriadi, Martha Purnama, I. R. (2018). Implementasi Human Capital Pada PT. Telkom Indonesia Kantor Wilayah Usaha elekomunikasi Bandung (Doctoral dissertation, Fakultas Ekonomi dan Bisnis Unpas). Telkom Indonesia, 48–66. http://repository.unpas.ac.id/id/eprint/32888
Ningtyas, M. (2017). Metode Penelitian Metode Penelitian. Metode Penelitian, 32–41.
Pratama Martin, A. (n.d.). Apa Perbedaan dari BUMN, BUMD dan BUMS? Halaman all - Kompas.com. 2021. Retrieved April 26, 2022, from https://money.kompas.com/read/2021/06/10/130000726/apa-perbedaan-dari-bumn-bumd-dan-bums-?page=all
Pretty Angelia Wuisan. (n.d.). BUMS adalah: Tujuan, Fungsi, dan Syarat Mendirikannya. 2021. Retrieved April 27, 2022, from https://www.modalrakyat.id/blog/-badan-usaha-milik-swasta-bums
Roudhotul Badriah. (2021). Pengaruh Pertumbuhan Penjualan, Current Ratio dan Debt to Equity Ratio Terhadap Return on Assets dan Retun on Equity (Studi Kasus Pada Perusahaan Sub Sektor Makanan Dan Minuman Yang Terdaftar Di BEI Periode Tahun 2016-2019). 8–31. http://repositrory.stie.ac.id/id/eprint/5124
Sari. (2017). Pengertian Laporan Keuangan Menurut Para Ahli. Www.Dosenpendidikan.Co.Id, 7–26. https://www.dosenpendidikan.co.id/pengertian-laporan-keuangan/
Setiawan, D., & Kurniasih, N. C. (2020). Pengaruh Biaya Bahan Baku Dan Biaya Tenaga Kerja Terhadap Laba Bersih Pada Pt. Satwa Prima Utama. Akurat, 11(April), 55–64.
Simbolon, G. M. (2020). Analisis Perbandingan Kinerja Keuangan antara Badan Usaha Milik Negara dengan Badan Usaha Milik Swasta yang terdaftar di Bursa Efek Indonesia (Periode 2016). digilib.uns.ac.id
Soedibyo. (2017). Pengertian BUMN, Fungi dan Peranannya. BUMN, 1–7. berkas.dpr.go.id
Sovia, S. E., Saifi, M., & Husaini, A. (2016). Analisis Perbandingan Kinerja Keuangan Bank Konvensional Dan Bank Syariah Berdasarkan Rasio Keuangan Bank. Jurnal Administrasi Bisnis, 37(1).
Sugiyono. (2018). Metode Penelitian. Metoda Penelitian, 1–9.
Sutha. (2018). Marchandising Business. Journal of Chemical Information and Modeling, 53(9), 1689–1699.
Sutjipto, E., Setiawan, W., & Ghozali, I. (n.d.). Indonesia Stock Exchange. 2020. Retrieved April 28, 2022, from https://www.idx.co.id/en-us/market-data/stocks-data/list-of-stocks/
Tanzeh, A., & Arikunto, S. (2020). Metode Penelitian Metode Penelitian. Metode Penelitian, 43, 22–34.
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Published
2022-12-28
How to Cite
Nyoman Sawitri, N. (2022). ANALYSIS OF FINANCIAL PERFORMANCE BETWEEN BUMN AND BUMS INFRASTRUCTURE SECTOR LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE PERIOD 2019-2020. International Journal of Advanced Multidisciplinary, 1(3), 238–248. https://doi.org/10.38035/ijam.v1i3.192
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