Competition for food and beverage consumer goods companies has become increasingly tight since the legalization of the World Trade Organization. With the formation of the World Trade Organization (WTO) in 1994, world markets tended to be more open and barrier-free. The development of a country's industry can be used to see national developments in that country. This development can be seen from both the quality of the products produced and the performance of the industry that dominates the companies listed on the Indonesia Stock Exchange (IDX). Competition makes every company try to improve company performance to achieve company goals.