The Effect of Brand Thrust on Financial Performance of Property Companies in Indonesia Capital Market
The rapid economic growth and development encourage companies to have sustainable competitive advantage in order to compete in the market. One of the strategies to face this competition is building a good brand image. Brand has always been an important factor in company’s growth. The concept of bran...
| Main Authors: | , |
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| Format: | Article |
| Language: | Indonesian |
| Published: |
Bogor Agricultural University
2020-05-01
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| Series: | Jurnal Aplikasi Bisnis dan Manajemen |
| Online Access: | https://journal.ipb.ac.id/index.php/jabm/article/view/26673 |
| _version_ | 1818897687966121984 |
|---|---|
| author | Njo Anastasia Dewi Pricilia Sari |
| author_facet | Njo Anastasia Dewi Pricilia Sari |
| author_sort | Njo Anastasia |
| collection | DOAJ |
| description | The rapid economic growth and development encourage companies to have sustainable competitive advantage in order to compete in the market. One of the strategies to face this competition is building a good brand image. Brand has always been an important factor in company’s growth. The concept of brand thrust was used to show the level of company allocation to enhance their brand image. This study aims to examine the effect of brand thrust on financial performance of property companies in Indonesia capital market for the period 2009-2016. The independent variables used are brand thrust and firm characteristics. The dependent variable used is financial performance. The method used is panel data Ordinary Least Square (OLS) regression with the number of sample are 28 firms of property sector. This study reveals brand thrust, long term debt to assets ratio, stock market beta, market share, operating profit margins, and capital expenditure to property, plant, and equipment have a significant influence on financial performance of property companies.
Keywords: brand thrust, firm characteristics, financial performance, property sector, OLS |
| first_indexed | 2024-12-19T19:20:09Z |
| format | Article |
| id | doaj.art-9d18257bcb3140ceadd106446677a2ed |
| institution | Directory Open Access Journal |
| issn | 2528-5149 2460-7819 |
| language | Indonesian |
| last_indexed | 2024-12-19T19:20:09Z |
| publishDate | 2020-05-01 |
| publisher | Bogor Agricultural University |
| record_format | Article |
| series | Jurnal Aplikasi Bisnis dan Manajemen |
| spelling | doaj.art-9d18257bcb3140ceadd106446677a2ed2022-12-21T20:09:01ZindBogor Agricultural UniversityJurnal Aplikasi Bisnis dan Manajemen2528-51492460-78192020-05-016242942910.17358/jabm.6.2.42926673The Effect of Brand Thrust on Financial Performance of Property Companies in Indonesia Capital MarketNjo Anastasia0Dewi Pricilia Sari1Petra Christian UniversityGraduate Institute of Finance, National Taiwan University of Science and TechnologyThe rapid economic growth and development encourage companies to have sustainable competitive advantage in order to compete in the market. One of the strategies to face this competition is building a good brand image. Brand has always been an important factor in company’s growth. The concept of brand thrust was used to show the level of company allocation to enhance their brand image. This study aims to examine the effect of brand thrust on financial performance of property companies in Indonesia capital market for the period 2009-2016. The independent variables used are brand thrust and firm characteristics. The dependent variable used is financial performance. The method used is panel data Ordinary Least Square (OLS) regression with the number of sample are 28 firms of property sector. This study reveals brand thrust, long term debt to assets ratio, stock market beta, market share, operating profit margins, and capital expenditure to property, plant, and equipment have a significant influence on financial performance of property companies. Keywords: brand thrust, firm characteristics, financial performance, property sector, OLShttps://journal.ipb.ac.id/index.php/jabm/article/view/26673 |
| spellingShingle | Njo Anastasia Dewi Pricilia Sari The Effect of Brand Thrust on Financial Performance of Property Companies in Indonesia Capital Market Jurnal Aplikasi Bisnis dan Manajemen |
| title | The Effect of Brand Thrust on Financial Performance of Property Companies in Indonesia Capital Market |
| title_full | The Effect of Brand Thrust on Financial Performance of Property Companies in Indonesia Capital Market |
| title_fullStr | The Effect of Brand Thrust on Financial Performance of Property Companies in Indonesia Capital Market |
| title_full_unstemmed | The Effect of Brand Thrust on Financial Performance of Property Companies in Indonesia Capital Market |
| title_short | The Effect of Brand Thrust on Financial Performance of Property Companies in Indonesia Capital Market |
| title_sort | effect of brand thrust on financial performance of property companies in indonesia capital market |
| url | https://journal.ipb.ac.id/index.php/jabm/article/view/26673 |
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