Similarity Profitability Impact On Company Share Prices: A Case Study Indonesian

Ulum, Bustanul and Rusdiyanto, Rusdiyanto and Syafii, Mochamad and Inggarwati, Dwi Similarity Profitability Impact On Company Share Prices: A Case Study Indonesian. TUR NITIN.

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Abstract

Abstract This paper intends to evaluate the effect of profitability with measurement indicators using Return On Equity, Return On Assets and Net Profit Margin on stock prices of banking sector companies on the Indonesian Stock Exchange. Design / methodology / approach: This paper uses a quantitative approach with a theory testing process using numerical data as a generalization tool to test hypotheses. Indicators for measuring the Profitability variable using Return On Equity, Return On Assets and Net Profit Margin are obtained from company financial statements and the website of the Indonesia Stock Exchange www.idx.co.id, www.ojk.go.id, www.bi.go.id dan www.yahoofinance.com. Finding: The findings prove that Return on Assets has a positive effect on share prices, so that these findings can be used by investors to analyze relevant information. Meanwhile, Return On Equity, Net Profit Margin has no effect on share prices, meaning that Return On Equity, Net Profit Margin tends not to have value relevance to banking share prices on the Indonesia Stock Exchange. Practical Implications: The findings are recommended for banking employees to improve the effectiveness and efficiency of banking performance and to contribute to the banking literature. Originality: Previous research was conducted to test the profitability of share prices, the findings concluded that profitability has an effect on share prices. The novelty in this study, the researcher added control variables as variables to strengthen the results of this study.

Item Type:	Other
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	Fakultas Ekonomi > S1 Akuntansi
Depositing User:	Rusdiyanto Rusdiyanto
Date Deposited:	23 Jul 2024 04:05
Last Modified:	23 Jul 2024 04:05
URI:	http://elibs.unigres.ac.id/id/eprint/2894

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