The Assessment of Investment and Financing Impact on Shareholder Welfare (Comparative Study between Sharia and Non-Sharia Compliant Company Groups in Indonesian Capital Market)
- 10.2991/assehr.k.200813.039How to use a DOI?
- shareholders wealth, investment, financing, sharia-compliant
The studies of financial performance have frequently conducted, but the comparison is rarely studied. The objective of this study is to identify the factors that influent shareholder’s wealth. At least, two categories that affect shareholder’s wealth; those are the investment and financing aspects. This study employs the data from the Indonesia Stock Exchange (ISX), especially for sharia and non-sharia manufacturing companies, which is compiled by ISX. The multiple regression is applied to solve the issue in this research. The result of the study has found that in the non-sharia group, the shareholders’ wealth is influenced by investment and financing aspects, whereas in the sharia group the financing aspect is the only aspect that affects the shareholders’ wealth.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Fiesty Utami AU - Ruhadi Ruhadi PY - 2020 DA - 2020/08/13 TI - The Assessment of Investment and Financing Impact on Shareholder Welfare (Comparative Study between Sharia and Non-Sharia Compliant Company Groups in Indonesian Capital Market) BT - Proceedings of the First International Conference on Applied Science and Technology (iCAST 2018) PB - Atlantis Press SP - 175 EP - 180 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.200813.039 DO - 10.2991/assehr.k.200813.039 ID - Utami2020 ER -