Until mid-2021, Bank XYZ Syariah not yet has banking services through electronic channels. Due to customer requests, plus the pandemic conditions that limit out-of-branch service, the bank decided to make mobile and internet banking which the bank plan to release at the end of 2021. Before implementing the plan, Bank XYZ Syariah needs to ensure that the investment decisions taken will provide positive financial results for the company in the long term. A study was conducted with two types of tests, a feasibility study using the method of capital budgeting analysis and sensitivity analysis to obtain a clear projection of the financial performance for the next five years. The study results show that the Net Present Value indicator returns positive. The Internal Rate of Return exceeds the Cost of Capital value. The cash flow is projected to return positive in the third year after the investment. In the next step in sensitivity analysis, the calculation identifies four financial factors that are the most sensitive in influencing the financial condition of the project: operating expenses to operating income, effective margin rate, average balance from new customers, and the financing-to-deposit ratio. These four factors have the lowest tolerance level, so it needs special attention from the management to be kept as close as possible to the initial assumptions so that the project's financial condition remains positive. By considering the two test methods, the conclusion that can be drawn is that the mobile and internet banking projects are feasible to continue. Bank XYZ Syariah also needs to set targets for new customers and their average balance and measure pirate metrics related to product effectiveness in customer activation and retention.

PT. Krakatau Steel (PTKS), an Indonesian steel corporation, is currently facing a number of obstacles, such as significant debt, fierce competition from less expensive imported steel, and challenges in implementing contemporary production methodologies. Although PTKS has demonstrated enhanced net profits and a favorable return on equity (ROE), its stock performance is average in comparison to its industry counterparts. In order to maintain competitiveness within the worldwide steel sector, it is imperative that PTKS undertake measures to address its outstanding debt, decrease production expenditures, and enhance operational efficacy. Upon conducting an examination of the financial statements and stock valuation of the organization, it has been observed athat there exist certain concerns pertaining to liquidity and management of long-term debt in comparison to other companies operating in the same industry. The existence of debt has a detrimental effect on financial metrics such as EV/EBITDA and Discounted Cash Flow, despite being frequently underestimated. The research emphasizes the significance of adopting measures to augment the financial performance of PTKS. This involves prioritizing debt management, minimizing costs, and embracing advanced technologies to attain enduring prosperity.

Every business wants to maintain its existence and bring value to its stakeholders including Pelabuhan Banua. In order to actualize the goal to give value to it is stakeholder immediately, company need to assess which market segment that could give sustainable profitability in the current condition and make sure it is also meet with it is current resources. Thus, to find out which condition could contribute to the goal of the company this research analyze several scenarios uses information on key uncertainties and certainties concerning the future to assemble an information rich illustration that provides eloquent descriptions of future worlds. The data collected in this project comes from literature studies, published information and news and interviews with internal and external stakeholders. The analysis concludes which among the scenario could give better profitability that sustain and contribute faster retained earnings to Pelabuhan Banua as a basis for shareholder expectation of their investment return.

Purpose – This paper aims to present studies related to digital maturity, highlight its effect on financial performance. This paper alsodepicts applied methodology from recent research across various fields. Design/methodology/approach – In this review article, state-of-the-art of digital maturity research are presented by merging literature from the subject of technology, finance, marketing,and innovations. Findings –Digital maturity research has become increasingly widespread in various areas in recent years using both qualitative and quantitative methods. Recent research has expanded on the factors influencing the financial performance based on an organization’s digital maturity such as big data analytics, cloud computing, artificial intelligence, process automation, internet of things (IoT), computer simulations, and online technology. Research limitations/implications – Although research on cryptocurrency exchange adoption has gained attention during the last five years, producing new dimension and exploring qualitative method still become an interesting subject to be explored. Originality/value – This article introduces ways to examine digital maturity for researchers that have not yet been exposed to the method. The article is enriching the review on digital maturity effect towards financial performance.

There is tremendous growth in socially responsible investment (SRI), where investors combine their financial objectives with their concerns about social, environmental, ethical and/or corporate governance issues in their investment selection. Islamic (sharia) investment is considered under the broad umbrella of the SRI since they apply ethical screening criteria in order to exclude certain industries. With this study, it is aimed to conduct a bibliometric analysis of the publications that were published between 2014-2022 and can be accessed through Scopus, which is considered a qualified database. As a result of the analysis made by the Vosviewer program, the publications produced by individuals or institutions in a specific period and a specific region and the relationships between these publications are revealed numerically and visually. Based on the results, Malaysia stands out as the country with the highest number of publications and citations. United Kingdom follows it in the second place. For institution¸ Universitat Jaume I and Ivie, Spain at front with 2 documents and 124 citations. the journal with the most citations in the literature is Journal of Behaviour Finance and Journal of Banking and Finance. The most publication is International Journal of Islamic Studies. The most occurrences for keywords are Islamic Finance, Islamic Funds and Socially Responsible Investment.

Optimizing and accelerating digital transformation, synergizing, and collaborating among all capital market stakeholders who continuously carry out socialization and education have resulted in rapid growth in the number of investors. This confirms the beginning of societal transformation, where individuals are not only fond of saving but also becoming part of an investing society. However, increasing inclusion alone is not enough. Based on a survey by the Financial Services Authority (OJK) in 2022, the level of public access to investment products is higher than their level of understanding, highlighting the urgent need for an increase in investor literacy. Active investors, both experienced and novice, are always seeking simple, low-risk investment strategies that have been proven to work and provide returns higher than the market average. One of the strategies to consider is the Dog of The Dow strategy, which outperformed the S&P500 and DJIA in the twenty (20) year period since the start of the millennium. In this evaluation study, backtesting the historical performance of various variations of the Dog of the Dow strategy was carried out using historical data on the IDX30 stock index for the period 2012 to 2022. The evaluation study results showed that this dividend yield-based investment strategy can provide positive performance and is also easy to implement. It demonstrates that most of the portfolio stocks falling into the Dog of The Dow category and its variants outperformed the IDX30 index for the 2013-2022 period and can be recommended for application by investors on the Indonesian stock exchange.

This paper explores the effectiveness of the mean-variance approach and the Sharpe ratio in the Qatar Stock Exchange (QSE). The data used covers a period of 10 years, from 2013 to 2022. Equal weights were initially used for different industries to achieve diversification. The selection of companies within each industry was done using a very simple technical method, which involved observing an upward trend in linear graphs, indicating a consistent increase in movement each year. Afterward, the Markowitz model was employed to identify the optimal portfolio. Several portfolios were created to achieve the expected returns while minimizing variance. Among these portfolios, the best one was determined using the Sharpe ratio. The results of this comparison yielded two and a half times better performance than the portfolio with equal weights.

Examines the merger and acquisition between Industries Qatar (IQ) and Mesaieed Petrochemical Holding Company (MPHC) in the petrochemical industry. The aim of this study is to analyze the motives behind the merger, evaluate its impact on the companies involved and the industry as a whole, and assess the challenges and opportunities encountered during the integration process. The research methodology involves collecting financial data, industry reports, and relevant information from the companies that have undergone the acquisition. Analysis is conducted to compare the company's value before and after the acquisition. Furthermore, this research evaluates the financial performance of the merged entity, examining key financial indicators such as revenue growth, profitability. It investigates the competitive advantage of the merged entity in the petrochemical industry, considering factors such as market share, and innovation capabilities.

XYC Co. is an oil and gas company which responsible to do exploration and exploitation of oil and gas in State of Kuwait. Oil industries in the country has begun since 1930 and become back bone for state economic. XYC Co. operates many oil and gas field located in North, South East and West of the State. Thousand wells drilled, completed and produces. In one of their fields, it has been observed that many of the oil wells have been closed and idle because found leaking on its production tubing. The run life of the existing production tubing is less than what normal expectation, especially wells that use re-used tubing. Meanwhile for wells that uses new tubing, the run life of the tubing is much longer. Shorten run life from the tubing mainly because corrosion issue that caused by high water cut, high production rate and high formation salinity content. The existing production tubing material is not good enough to dealing with high water content. This problem cost the company with huge production loss. To mitigate these issues, the companies plan to put proper strategy in using the correct tubing type onto each new well and existing well. Tree option tubing type are available. The Analytic Hierarchy Process (AHP) method is introduced into the process of selection tubing type decision process-making system. By establishing hierarchical structure models, AHP compares different factors in order to get the weight of each factor. This process can quantify the importance of selection tubing type and material factors and reduce the impact of subjective factors, therefore, final decision would be reasonable and effective.

This final project provides a rigorous empirical analysis of portfolio optimization utilizing the Sharpe ratio on Gold asset and some selected Indonesian stock market based on basic ratio of fundamental analysis. The study attaches real data spanning from 2008 to 2017 to define portfolio allocations based on the Sharpe ratio. Subsequently, these allocations are back tested against the market data from 2018 to 2022, utilizing various investment strategies: No rebalancing, yearly rebalancing, six-monthly rebalancing and 3-monthly rebalancing, with the aim of concluding the most profitable strategy. This rebalancing strategy was assumed no transaction fee and to simplify the calculation. The study employs a robust methodology, systematically analyzing historical returns, volatility, and correlations of chosen stocks listed on the Indonesia Stock Exchange (IDX) and gold asset prices. By leveraging modern portfolio theory (MPT) and the Sharpe ratio, optimal portfolio allocations are distinguished for the first study period (2008-2017), which form the basis for the subsequent back testing phase. In the backtesting phase, the determined portfolio allocations are tested against actual market developments from 2018 to 2022. The study scrutinizes the performance of each portfolio under the four distinct rebalancing strategies to ascertain their impact on the portfolio’s risk-adjusted returns. The aim is to identify which strategy yields the highest profitability while effectively managing risk, particularly in the dynamic and often volatile context of the Indonesian financial market.The findings of this research are anticipated to reveal crucial understandings into the effectiveness of different rebalancing strategies in enhancing portfolio performance. The study provides a detailed comparative analysis of the realized profits and risk-adjusted returns of each strategy, offering valuable recommendations for investors seeking to optimize their portfolios within the Indonesian stock and gold assets. In conclusion, the 6-month rebalancing was the best strategy giving highest return with minimum risks based on composition defined from Sharpe ratio methodology.