Factors Affecting Stock Return of Manufacturing Companies in Indonesia

DOI

10.2991/aebmr.k.210311.022How to use a DOI?

Keywords

firm age, firm size, growth rate, interest rate, solvency ratio, stock return

Abstract

This study aims to examine the effect of firm size, firm age, solvency ratio, interest rate and growth rate on the performance of stock returns on manufacturing companies. Research data uses financial statements of manufacturing companies listed in Indonesia Stock Exchange as many as 77 companies as a sample with the research period from 2014-2018. Research method uses hypothesis testing and multiple regression analysis. The results showed that the solvency ratio and growth rate had a positive and significant effect on stock returns. Meanwhile, firm size, firm age and interest rate have no effect on stock returns. Maximizing investor stock returns and company profits can be realized by paying attention to micro and macroeconomic factors in the form of solvency ratio and growth rate

Copyright

© 2021, 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/).

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TY  - CONF
AU  - Henny Setyo Lestari
AU  - Bahtiar Usman
PY  - 2021
DA  - 2021/03/13
TI  - Factors Affecting Stock Return of Manufacturing Companies in Indonesia
BT  - Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)
PB  - Atlantis Press
SP  - 112
EP  - 116
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210311.022
DO  - 10.2991/aebmr.k.210311.022
ID  - Lestari2021
ER  -