Analysis of Application of Internal Failure Costs and External Failure Costs in Improving Financial Performance (Case Study in Ceramic Companies listed on the Indonesia Stock Exchange)

Faramita Ahmad Alamri

Analysis of Application of Internal Failure Costs and External Failure Costs in Improving Financial Performance (Case Study in Ceramic Companies listed on the Indonesia Stock Exchange)

Faramita Ahmad Alamri^(1*),

(1) Prodi Pendidikan Akuntansi Fakultas Ekonomi Universitas Negeri Makassar
(*) Corresponding Author

Abstract

This study aims to find out how the application of internal failure cost and external failure cost can improve the financial performance of the company (ROI). The object of the research are the manufacture companies which is listed on Indonesian Stock Exchange (BEI) with observation period of 2012 until 2016. The data on this study based on annual financial statements obtained through the site www.idx.co.id. The Data Technique Collection used the documentation technique, it was collecting secondary data of manufacturing companies listed on the Indonesia Stock Exchange. The result show that the application of internal failure costs and external failure costs can improve the company’s financial performance (ROI).

Keywords

Implementation of Internal Failure Costs; External Failure Costs; Financial Performance Improvement

Full Text:

PDF

References

Abas, H., Kawatu, F. S., & Kewo, C. L. (2020). Analysis of Profit Growth of Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX) for 2013-2017 Period. International Journal of Applied Business and International Management (IJABIM), 72–78.

Agnihotri, R. (2020). Social media, customer engagement, and sales organizations: A research agenda. Industrial Marketing Management, 90, 291–299. https://doi.org/https://doi.org/10.1016/j.indmarman.2020.07.017

Aliah, N., & Hasanuddin. (2016). Strategi Peningkatan Pelayanan melalui Website pada UPT-P2T BKPMD Provinsi Sulawesi Selatan. Universitas Hasanuddin.

Beckmann, B., Giani, A., Carbone, J., Koudal, P., Salvo, J., & Barkley, J. (2016). Developing the Digital Manufacturing Commons: A National Initiative for US Manufacturing Innovation. Procedia Manufacturing, 5, 182–194. https://doi.org/https://doi.org/10.1016/j.promfg.2016.08.017

Culot, G., Orzes, G., Sartor, M., & Nassimbeni, G. (2020). The future of manufacturing: A Delphi-based scenario analysis on Industry 4.0. Technological Forecasting and Social Change, 157, 120092. https://doi.org/https://doi.org/10.1016/j.techfore.2020.120092

Daraba, D., Ramli, R. M., Sakawati, H., & Salam, R. (2018). Quality Of Service Manufacturing Of Trade License Line In Office Of Investment Investment And Licensed Agency (BPMPT) Regency Of Bulukumba. THE INTERNATIONAL CONFERENCE ON SOCIAL SCIENCES AND HUMANITIES 2018, 485–490.

Gunasekaran, A. (1999). Agile manufacturing: a framework for research and development. International journal of production economics, 62(1–2), 87–105.

Hsieh, C.-C., & Liu, Y.-T. (2010). Quality investment and inspection policy in a supplier–manufacturer supply chain. European Journal of Operational Research, 202(3), 717–729.

Jasmani, J., & Sunarsi, D. (2020). The Influence of Product Mix, Promotion Mix and Brand Image on Consumer Purchasing Decisions of Sari Roti Products in South Tangerang. PINISI Discretion Review, 1(1), 165–174.

Keeling, D. I., Cox, D., & de Ruyter, K. (2020). Deliberate learning as a strategic mechanism in enabling channel partner sales performance. Industrial Marketing Management, 90, 113–123. https://doi.org/https://doi.org/10.1016/j.indmarman.2020.07.005

Nofiana, L., & Sunarsi, D. (2020). The Influence of Inventory Round Ratio and Activities Round Ratio of Profitability (ROI). JASa (Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi), 4(1), 95–103.

Peng, L., Lu, G., Pang, K., & Yao, Q. (2021). Optimal farmer’s income from farm products sales on live streaming with random rewards: Case from China’s rural revitalisation strategy. Computers and Electronics in Agriculture, 189, 106403. https://doi.org/https://doi.org/10.1016/j.compag.2021.106403

Pu, X., Gong, L., & Han, G. (2019). A feasible incentive contract between a manufacturer and his fairness-sensitive retailer engaged in strategic marketing efforts. Journal of Intelligent Manufacturing, 30(1), 193–206.

Rahmatullah, R., Inanna, I., Sahade, S., Nurdiana, N., Azis, F., & Bahri, B. (2020). Utilization of Digital Technology for Management Effectiveness Micro Small and Medium Enterprises. International Journal of Scientific & Technology Research, 9(04), 1357–1362.

Rohaeni, H., & Marwa, N. (2018). Kualitas Pelayanan Terhadap Kepuasan Pelanggan. Jurnal Ecodemica, 2(2), 312–318.

Sahade, S., & Adi, A. (2021). The Effectiveness Rate of Products Before and After the Use of E-Billing Method. Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 4(4), 10307–10316.

Sahade, S., & Ngampo, M. Y. A. (2016). The Analysis of Students’ Learning Outcomes Majoring in Natural Science and Social Science at Accounting Education Study Program. Dinamika Pendidikan, 11(2), 117–122.

Sahade, S., Ngampo, M. Y. A., & Abd Rijal, H. (n.d.). Analysis of the Application of the Balanced Scoredcard as an Alternative to Performance Measurement Tools at Lembaga Penjaminan Mutu Pendidikan (LPMP) in South Sulawesi. Seminar Nasional LP2M UNM.

Sunarsi, D. (2019). Analisis Pengaruh Lingkungan Kerja dan Budaya Organisasi Terhadap Kinerja Serta Implikasinya pada Kepuasan Kerja Guru Sekolah Dasar Di Wilayah Kabupaten Bogor-Jawa Barat.

Tjiptono, F. (2019). Strategi pemasaran. Andi.

Article Metrics

Abstract view : 99 times | PDF view : 38 times

Refbacks

There are currently no refbacks.

This work is licensed under a Creative Commons Attribution 4.0 International License.

This is a website that publishes an open-access article distributed under Licensed Creative Commons License the terms of the Creative Commons Attribution 4.0 International License.

Username
Password
Remember me