Applied Quantitative Analysis

Performance of Companies and Controlling Share Ownership on Company Liquidity: Evidence from Emerging Markets

Aulia Asriani Putri — 2024-03-22

The relationship between the fundamentals of a firm and cash holdings is an interest topic in financial accounting and financial market literature. Adequate cash holdings can lead to higher profits and financial flexibility, allowing companies to take advantage of opportunities. Therefore, the real estate and property sector requires optimal liquidity holdings to avoid losing investment opportunities and achieve organizational goals. This study examines the effect of controlling share ownership and profitability on cash holdings in the corporate sector. Our samples are the real estate and property sub-sector from 2018 to 2021. The study uses quantitative methods with an archival technique from a capital market database. We performed multiple linear regression to test our hypotheses. The findings show that controlling share ownership has a significant influence on cash holdings. However, the profitability impact on cash holding is not supported. Our study has several limitations, i.e., (1) The study focused only on sub-sector real estate and property, and (2) Our sample period was conducted during 2018-2021. Originality/value examines the effect of controlling share ownership and profitability on cash holdings in the corporate sector, with a focus on the real estate and property sub-sector from 2018 to 2021.

Evaluating The Impact of Online Product Review Credibility and Online Product Review Quality on Purchase Intention of Online Consumers

Josephine Diana S Campos — 2024-04-19

This study investigated the impacts of online product review credibility and quality on consumer purchase intentions for electronics, skincare, and home and kitchen products. Using Covariance-Based and Partial Least Squares Structural Equation Modeling (CB-SEM and PLS-SEM), it examines the causal links between review credibility, review quality, and consumer purchase intention. Conducted among 555 randomly selected online consumers from Metro Manila, Philippines, the study employed questionnaires with rating scales to gather data. Confirmatory factor analysis was utilized to assess model fit, reliability, and validity, while structural model and path analysis were applied to investigate the links between variables. The findings reveal that the structural model exhibits a moderate fit with the empirical data, demonstrating acceptable reliability and validity levels. Online review credibility was found to have a positive and direct impact on consumer purchase intention. Review quality was identified as a partial mediator in the relationship between review credibility and purchase intention, suggesting that it indirectly influences this dynamic. These implications suggest that e-commerce companies should emphasize the credibility of online product reviews by introducing guidelines to reduce the prevalence of misleading reviews. The accuracy and completeness of reviews, as determinants of review quality, should be prioritized to influence consumer decisions effectively. The study recommends that marketing strategies include incentives for customers to write honest and thorough reviews, thereby enhancing the overall quality of online product reviews. For future research, a qualitative or mixed-method approach is suggested to provide deeper insights, along with longitudinal studies to examine these effects over time.

The Influence of Physical Training on The Flight Performance of Cadets

Fajar Islam — 2024-04-17

This research was conducted to investigate the effect of physical exercise on the flight performance of fixed-wing cadets at Indonesia Civil Pilot Academy in Banyuwangi. The research employed a quantitative methodology, utilizing data collection through a questionnaire. The questionnaire was distributed to the cadets selected as samples, specifically DIII PST 2, DIII PST 3, and DIII PST 4 cadets, with 43 participants. Based on the instrument test conducted using regression analysis with ANOVA, it was found that the regression model (H1) significantly explained the variation in the observed data, with a significant F-ratio of 33.153 and a very low p-value (<.001). The hypothesis test results revealed that the coefficient for the dependent variable, flight performance, was 0.728, with a standard error of 0.126. The standardized coefficient (standardized) for this variable was 0.669. The obtained t-value was 5.758. The research findings indicate a significant influence of the independent variable, "physical exercise", on the dependent variable, flight performance. Aviation training facilities can use the results of this study to develop policies that encourage the inclusion of hands-on training in the flight curriculum. By doing this, you can ensure cadets are in good enough physical shape to complete their flight training. This study's results may open the door for the creation of fresh hypotheses on the connection between physical preparation and flying performance. The results of this study may serve as the foundation for creating a novel conceptual framework in this area.

Enhancing Retail Supermarket Financial Performance Through Market Basket Analytics Using Apriori Algorithm in Indonesia Market Case

Jerry Heikal — 2024-05-03

Market Basket Analysis is a powerful technique in data mining and retail analytics that explores associations and patterns among items frequently purchased together by consumers. This technique reveals insights into consumer purchasing behaviour and facilitates the creation of compelling product bundles. This study identifies five distinct product bundling strategies tailored to diverse consumer personas prevalent in the Indonesian market, such as "Health enthusiast", "Exotic Flavor Explorer", "Food Enthusiast", "Fitness Freak", and "Budget-conscious Home Cook". These product bundling strategies leverage market basket analysis to enhance the shopping experience, meeting Indonesian consumers' diverse preferences and lifestyles in the retail supermarket landscape. The analysis provides a basis for effective promotional campaigns and personalized marketing efforts. By recognizing associations between products, supermarkets in Indonesia can design targeted promotions, encouraging customers to explore complementary items and potentially increase their overall spending.

Strategic Analysis of International Oil and Gas Companies’ Response to Global Carbon Emission Reduction Initiatives

Budi Prasetyo — 2024-05-03

This study investigates the role of oil and gas companies, particularly INDOPERTA, in mitigating global carbon emissions among rising energy demands and a shift toward coal and oil. This study highlights the urgency for strategic energy realignment and cleaner, sustainable sources, drawing from International Energy Agency (IEA) reports and various studies. The objective is to understand how companies such as INDOPERTA can integrate operations with effective carbon emission reduction strategies. A mixed-methods approach is employed, combining qualitative analysis of stakeholder perspectives with the AHP to prioritize initiatives based on identified criteria. Findings reveal compliance and regulation and leadership as critical areas needing focused resource allocation. The AHP analysis underscores the strategic importance of renewable energy investment and the pivotal role of leadership and innovation. It suggests a multifaceted approach involving regulatory adherence, international cooperation, and leadership development for effective carbon reduction. The study concludes that international oil and gas companies are at a crucial juncture. They must align their operations with global environmental goals and innovate to remain relevant in the climate agenda. It provides a roadmap for strategy realignment toward sustainability. However, this study has limitations, including its geographical focus, the dynamic nature of the industry, subjectivity in qualitative research and AHP, and reliance on secondary data. These findings highlight the need for ongoing research that adapts to industry changes and global carbon reduction efforts, ensuring that strategies remain relevant and effective.