Open AccessAsset Utilization and Company Performance
Author(s) -
Christian Herdinata
Publication year - 2019
Publication title -
business and finance journal/business and finance journal
Language(s) - English
Resource type - Journals
eISSN - 2527-4872
pISSN - 2477-393X
DOI - 10.33086/bfj.v4i1.1091
Subject(s) - asset (computer security) , business , expropriation , non performing asset , it asset management , sample (material) , finance , capital asset pricing model , asset management , economics , computer science , chemistry , computer security , chromatography , market economy
This study examines the expropriation that occurs in asset utilization due to tunneling. This study aims to examine the effect of asset utilization on company performance. This study used a sample of 130 companies in Indonesia to examine the effect of asset utilization on company performance. This research uses simultaneous equation model with Three-Stage Least Square tech- nique. The results showed that asset utilization has a positive and significant effect on company performance. The result of the research shows that asset utilization which is managed and well controlled has influence to improve company performance.