Financial Performance Causes Palm Oil Stock Prices In Indonesia To Rise?

The study aimed to analyse Palm Oil companies' financial performance on the Indonesia Stock Exchange 2018-2022. The independent variables were proxied in return on equity (ROE), return on assets (ROA), earnings per share (EPS) and their effect on stock prices. The population of the study was pu...

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Main Authors: Hilmi, Marjulin, Lilis Puspitawati, Rayyal Hayati
Format: Article
Language:English
Published: Universitas Tarumanagara 2025-01-01
Series:Jurnal Akuntansi
Subjects:
Online Access:http://ecojoin.org/index.php/EJA/article/view/2741
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author Hilmi
Marjulin
Lilis Puspitawati
Rayyal Hayati
author_facet Hilmi
Marjulin
Lilis Puspitawati
Rayyal Hayati
author_sort Hilmi
collection DOAJ
description The study aimed to analyse Palm Oil companies' financial performance on the Indonesia Stock Exchange 2018-2022. The independent variables were proxied in return on equity (ROE), return on assets (ROA), earnings per share (EPS) and their effect on stock prices. The population of the study was public Palm Oil companies. The sampling technique was purposive; the selected sample was 13 companies, and the total sample was 65. Data was obtained from published annual reports. Data processing used panel data regression with Eviews statistical software. The study's results showed that return on equity (ROE) and return on assets (ROA) positively and significantly affected stock prices. In contrast, earnings per share (EPS) did not affect stock prices; simultaneously, the study's results significantly affected stock prices.
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institution Kabale University
issn 1410-3591
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language English
publishDate 2025-01-01
publisher Universitas Tarumanagara
record_format Article
series Jurnal Akuntansi
spelling doaj-art-903924faf6a842eaa3b2c87ea0c65da02025-01-31T07:22:49ZengUniversitas TarumanagaraJurnal Akuntansi1410-35912549-88002025-01-0129112714710.24912/ja.v29i1.27412725Financial Performance Causes Palm Oil Stock Prices In Indonesia To Rise?Hilmi0Marjulin1Lilis Puspitawati2Rayyal Hayati3Faculty of Economics and Business, Malikussaleh University Lhokseumawe-AcehPoliteknik Negeri LhokseumaweUniversitas Komputer Indonesia Faculty of Economics and Business, Malikussaleh University Lhokseumawe-AcehThe study aimed to analyse Palm Oil companies' financial performance on the Indonesia Stock Exchange 2018-2022. The independent variables were proxied in return on equity (ROE), return on assets (ROA), earnings per share (EPS) and their effect on stock prices. The population of the study was public Palm Oil companies. The sampling technique was purposive; the selected sample was 13 companies, and the total sample was 65. Data was obtained from published annual reports. Data processing used panel data regression with Eviews statistical software. The study's results showed that return on equity (ROE) and return on assets (ROA) positively and significantly affected stock prices. In contrast, earnings per share (EPS) did not affect stock prices; simultaneously, the study's results significantly affected stock prices.http://ecojoin.org/index.php/EJA/article/view/2741return on equity (roe); return on asset (roa); earning per share (eps); stock price.
spellingShingle Hilmi
Marjulin
Lilis Puspitawati
Rayyal Hayati
Financial Performance Causes Palm Oil Stock Prices In Indonesia To Rise?
Jurnal Akuntansi
return on equity (roe); return on asset (roa); earning per share (eps); stock price.
title Financial Performance Causes Palm Oil Stock Prices In Indonesia To Rise?
title_full Financial Performance Causes Palm Oil Stock Prices In Indonesia To Rise?
title_fullStr Financial Performance Causes Palm Oil Stock Prices In Indonesia To Rise?
title_full_unstemmed Financial Performance Causes Palm Oil Stock Prices In Indonesia To Rise?
title_short Financial Performance Causes Palm Oil Stock Prices In Indonesia To Rise?
title_sort financial performance causes palm oil stock prices in indonesia to rise
topic return on equity (roe); return on asset (roa); earning per share (eps); stock price.
url http://ecojoin.org/index.php/EJA/article/view/2741
work_keys_str_mv AT hilmi financialperformancecausespalmoilstockpricesinindonesiatorise
AT marjulin financialperformancecausespalmoilstockpricesinindonesiatorise
AT lilispuspitawati financialperformancecausespalmoilstockpricesinindonesiatorise
AT rayyalhayati financialperformancecausespalmoilstockpricesinindonesiatorise