INVESTIGATE THE FACTORS THAT AFFECT CHAGES IN STOCK PRICES Empirical study on listed companies in Indonesia stock exchange multi industrial Companies 2015- 2019

Authors

  • Tanti Irawati Muchilis Widyatama University Author

Keywords:

Current Ratio, Total Asset turnover, Net profit margin, stock price change.

Abstract

Changes in stock price and developments in the currents ratio (CR), total asset turnover (TATO), and net profit margin (NPM) in various industrial companies listed on the Indonesia stock exchange have fluctuated increases and depresses. Serval theories and studies say that changes in stock prices are influenced by the current ratio (CR), total assets turnover (TATO) variables and net profit margin (NPM). After the author Analysis and find that there are discrepancies and different form several research results and there are facts that contradict the existing theory. Therefore the authors make study that aims to analysis the effect of the currents ratio (CR), total asset turnover (TATO) and net profit margin (NPM) on changes in stock prices in various industrial companies listed on the Indonesian stock exchanges (IDX) period, 2015-2019. The research method used in this study is to use the historical methods the sampling methods used purposive sampling, so that there were 29 companies sampled in this study. The analytical method used is the panel data regression methods. Statistical analysis used t test for partial test which first tested the classical assumption test which consisted of normality, multicollinearity, heteroscedasticity and autocorrelation test. The results of the t test carried out are the currents ratio (CR) , total asset turnover (TATO) and net profit margin (NPM).

Downloads

Download data is not yet available.

References

Kurniawan, A., Analysis of the effect of return on asset, debt to equity ratio, and total asset turnover on share return. Journal of Industrial Engineering & Management Research, 2021. 2(1): p. 64-72.

Sagala, D.A.P.H. Effect of Current Ratio, Debt To Equity Ratio, Net Profit Margin, and Total Asset Turnover on Earning Per Share.

Juwita, R.W. and Y.N. Malau, The Effect of Current Ratio, Total Asset Turnover, Net Profit Margin on Profit Changes in Service and Investment Trading Companies Listed on the Indonesia Stock Exchange for the 2014-2017 Period. JIMEK: Scientific Journal of Economics Students, 2020. 3(1): p. 12-26.DOI: https://doi.org/10.30737/jimek.v3i1.761.

Hasby, Y.N.S.S.A., M.Y. Anshori, and N.S. Primasari. The impact of current ratio, receivable turnover and total assets turnover on ROA at telecommunication sub-sector companies registered in BEI year 2009-2017. 2017.

Supardi, H., H.S.H. Suratno, and S. Suyanto, Pengaruh Current Ratio, Debt to Asset Ratio, Total Asset Turnover dan Inflasi Terhadap Return on Asset. JIAFE (Scientific Journal of Accounting, Faculty of Economics), 2018. 2(2): p. 16-27.DOI: https://doi.org/10.34204/jiafe.v2i2.541.

Utami, P. and W. Welas, Effect of current ratio, return on assets, total asset turnover and debt to equity ratio on firm value (Empirical Study on Property and Real Estate Sub-Sector Manufacturing Companies Listed on the Indonesia Stock Exchange 2015-2017 Period). Journal of Accounting and Finance, 2019. 8(1): p. 57-76.

Nugraha, N.M. and F.I. Susyana, Effect of Net Profit Margin, Return On Assets, and Current Ratio on Profit Growth. Jurnal Ekonomi Manajemen Perbankan (JEMPER), 2021. 3(1): p. 56-69.

Herawati, A. and A.S. Putra, The influence of fundamental analysis on stock prices: The case of food and beverage industries. European Research Studies Journal, 2018. 21(3): p. 316-326.DOI: https://doi.org/10.35808/ersj/1063.

Purba, J.H.V. and D. Bimantara. The Influence of Asset Management on Financial Performance, with Panel Data Analysis. 2009. Atlantis Press.

Susanto, H., et al., The impacts of earnings volatility, net income and comprehensive income on share Price: Evidence from Indonesia Stock Exchange. Accounting, 2021. 7(5): p. 1009-1016.DOI: https://doi.org/10.5267/j.ac.2021.3.008.

Indarto, S.L. and I. Ghozali, Fraud diamond: Detection analysis on the fraudulent financial reporting. Risk governance & control: financial markets & institutions, 2016. 6(4): p. 116-123.DOI: https://doi.org/10.22495/rcgv6i4c1art1.

Downloads

Published

2022-01-30

How to Cite

Muchilis, T. I. (2022). INVESTIGATE THE FACTORS THAT AFFECT CHAGES IN STOCK PRICES Empirical study on listed companies in Indonesia stock exchange multi industrial Companies 2015- 2019. CENTRAL ASIA AND THE CAUCASUS, 23(1), 1100-1111. https://ca-c.org/CAC/index.php/cac/article/view/144

Plaudit

Similar Articles

1-10 of 624

You may also start an advanced similarity search for this article.