Disruption of Financial Performance and Sustainability in Property and Real Estate Companies in Indonesia for the 2009-2018 Period

Reinandus Aditya Gunawan, Adler Haymans Manurung

2019

Abstract

Sustainability means that companies must minimize environmental damage and ponder their long-term sustainability. Sustainability generally includes the environment, societal aspects and governance. Nowadays, Property and Real Estate industry sector is disrupted because there has been a shift in the pattern of home purchases by the millennial generation that threatens the sustainability of these property and real estate companies. This research attempts to find out about the way financial performance has influenced the sustainability of property companies for the 2009-2018 period. The measurement of the latter’s financial performance employs the financial ratios consisting of profitability, efficiency, liquidity, leverage and market, as derived from financial performance and annual reports from 34 companies. Company sustainability is measured using a scorecard by examining the website and annual report from each company. This study uses the quantitative approach and employs financial data as stated in the financial statements of property and real estate industry companies as secondary data. The statistical method for this study is panel data regression. The novelty of this research can be found in the influence of financial performance on the sustainability of property companies, a phenomenon that has never been studied. The results show a concept of how financial performance affects the sustainability of property and real estate companies in Indonesia.

Paper Citation

in Harvard Style

Gunawan R. and Manurung A. (2019). Disruption of Financial Performance and Sustainability in Property and Real Estate Companies in Indonesia for the 2009-2018 Period.In Proceedings of the 2nd International Conference on Inclusive Business in the Changing World - Volume 1: ICIB, ISBN 978-989-758-408-4, pages 229-233. DOI: 10.5220/0008429602290233

in Bibtex Style

@conference{icib19,
author={Reinandus Aditya Gunawan and Adler Haymans Manurung},
title={Disruption of Financial Performance and Sustainability in Property and Real Estate Companies in Indonesia for the 2009-2018 Period},
booktitle={Proceedings of the 2nd International Conference on Inclusive Business in the Changing World - Volume 1: ICIB,},
year={2019},
pages={229-233},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008429602290233},
isbn={978-989-758-408-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Inclusive Business in the Changing World - Volume 1: ICIB,
TI - Disruption of Financial Performance and Sustainability in Property and Real Estate Companies in Indonesia for the 2009-2018 Period
SN - 978-989-758-408-4
AU - Gunawan R.
AU - Manurung A.
PY - 2019
SP - 229
EP - 233
DO - 10.5220/0008429602290233