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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Universitas Tarumanagara
2025-01-01
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Series: | Jurnal Akuntansi |
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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. |
format | Article |
id | doaj-art-903924faf6a842eaa3b2c87ea0c65da0 |
institution | Kabale University |
issn | 1410-3591 2549-8800 |
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 |