The Impact of Companies' Internal Factors On The Performance of Their Stock Returns
It is commonly known that in the capital market, not all stocks of companies that have a good profile will provide good returns to investors. Therefore, an in-depth analysis of the companies’ overall health is needed. This study aims to discuss the impact of companies’ internal factors on the perfor...
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| Format: | UMS Journal (OJS) |
| Language: | eng |
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Muhammadiyah University Press
2019
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| Online Access: | https://journals.ums.ac.id/index.php/jisel/article/view/7708 |
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| _version_ | 1805340864903380992 |
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| author | Aldiena, Erifa Hanif al Hakim, Muhammad |
| author_facet | Aldiena, Erifa Hanif al Hakim, Muhammad |
| author_sort | Aldiena, Erifa |
| collection | OJS |
| description | It is commonly known that in the capital market, not all stocks of companies that have a good profile will provide good returns to investors. Therefore, an in-depth analysis of the companies’ overall health is needed. This study aims to discuss the impact of companies’ internal factors on the performance of their stock returns. The companies meant here are those listed in the Jakarta Islamic Index (JII). The tool by which the data is analysed is panel data which is a combination of time series data and cross section. By employing companies’data of year 2014-2016, the study shows that Return On Assets (ROA), Net Profit Margin (NPM), Debt to Equity Ratio (DER) and Price to Book Value (PBV) simultaneously had a significant effect on the formation of stock returns of companies listed in the JII. Likewise, those four variables namely; ROA, NPM, DER and PBV partially have a significant effect on the formation of stock returns of companies listed in the JII. |
| format | UMS Journal (OJS) |
| id | oai:ojs2.journals.ums.ac.id:article-7708 |
| institution | Universitas Muhammadiyah Surakarta |
| language | eng |
| publishDate | 2019 |
| publisher | Muhammadiyah University Press |
| record_format | ojs |
| spelling | oai:ojs2.journals.ums.ac.id:article-7708 The Impact of Companies' Internal Factors On The Performance of Their Stock Returns Aldiena, Erifa Hanif al Hakim, Muhammad ROA; NPM; DER; PBV; JII It is commonly known that in the capital market, not all stocks of companies that have a good profile will provide good returns to investors. Therefore, an in-depth analysis of the companies’ overall health is needed. This study aims to discuss the impact of companies’ internal factors on the performance of their stock returns. The companies meant here are those listed in the Jakarta Islamic Index (JII). The tool by which the data is analysed is panel data which is a combination of time series data and cross section. By employing companies’data of year 2014-2016, the study shows that Return On Assets (ROA), Net Profit Margin (NPM), Debt to Equity Ratio (DER) and Price to Book Value (PBV) simultaneously had a significant effect on the formation of stock returns of companies listed in the JII. Likewise, those four variables namely; ROA, NPM, DER and PBV partially have a significant effect on the formation of stock returns of companies listed in the JII. Muhammadiyah University Press 2019-02-27 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://journals.ums.ac.id/index.php/jisel/article/view/7708 10.23917/jisel.v2i1.7708 Journal of Islamic Economic Laws; Vol 2, No 1: January 2019; 120-149 2655-9617 2655-9609 eng https://journals.ums.ac.id/index.php/jisel/article/view/7708/4478 Copyright (c) 2019 Journal of Islamic Economic Laws https://creativecommons.org/licenses/by/4.0 |
| spellingShingle | ROA; NPM; DER; PBV; JII Aldiena, Erifa Hanif al Hakim, Muhammad The Impact of Companies' Internal Factors On The Performance of Their Stock Returns |
| title | The Impact of Companies' Internal Factors On The Performance of Their Stock Returns |
| title_full | The Impact of Companies' Internal Factors On The Performance of Their Stock Returns |
| title_fullStr | The Impact of Companies' Internal Factors On The Performance of Their Stock Returns |
| title_full_unstemmed | The Impact of Companies' Internal Factors On The Performance of Their Stock Returns |
| title_short | The Impact of Companies' Internal Factors On The Performance of Their Stock Returns |
| title_sort | impact of companies internal factors on the performance of their stock returns |
| topic | ROA; NPM; DER; PBV; JII |
| topic_facet | ROA; NPM; DER; PBV; JII |
| url | https://journals.ums.ac.id/index.php/jisel/article/view/7708 |
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