Compensation Impact on the Firm Performance of Indonesian Insurance Companies Listed on the IDX

Cynthia Bella Soeryono, Winanda Wahana Warga Dalam

2021

Abstract

The purpose of this study is to examine the effect of increasing employee’s compensation on firm performance of insurance companies measured by profitability and revenue growth from both short-term and long-term perspective. This study use purposive sampling method as a sampling technique and data archived to obtain research sample that consisting 50 observations covering from 10 insurance firm listed in Indonesian Stock Exchange from 2015-2019. The hypothesis testing is using panel data regression. The results show that in the short-term increasing employee’s compensation has a negative effect on company performance measured by company’s profitability, and in the long-term increasing employee’s compensation also has a negative effect on company performance measured by company’s revenue growth. This study limits to using insurance companies listed on the Indonesia Stock Exchange within 5 years as a sample.

Paper Citation

in Harvard Style

Bella Soeryono C. and Wahana Warga Dalam W. (2021). Compensation Impact on the Firm Performance of Indonesian Insurance Companies Listed on the IDX. In Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS, ISBN 978-989-758-605-7, pages 64-71. DOI: 10.5220/0010934500003255

in Bibtex Style

@conference{icaess21,
author={Cynthia Bella Soeryono and Winanda Wahana Warga Dalam},
title={Compensation Impact on the Firm Performance of Indonesian Insurance Companies Listed on the IDX},
booktitle={Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS,},
year={2021},
pages={64-71},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010934500003255},
isbn={978-989-758-605-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS,
TI - Compensation Impact on the Firm Performance of Indonesian Insurance Companies Listed on the IDX
SN - 978-989-758-605-7
AU - Bella Soeryono C.
AU - Wahana Warga Dalam W.
PY - 2021
SP - 64
EP - 71
DO - 10.5220/0010934500003255