The Impact of Selected Financial Ratios on The Market Performance of Listed Companies on The Acceleration Board Indonesia Stock Exchange (Period 2020-2023)
Journal Title: International Journal of Current Science Research and Review - Year 2024, Vol 7, Issue 07
Abstract
This research aims to analyze the impacts of selected financial ratios on the market performance of listed companies in the Acceleration Board IDX (Period 2020-2023) and find if IDX need to add the financial requirements in IDX Listing Regulations no. I-V to increase the company’s market performance in Acceleration Board IDX. The data of selected financial ratios and market performance were collected from the publication of listed companies’ financial reports and market trading data in 2020-2023 that can be accessed publicly on IDX’s official website. The population in this research is the whole Acceleration Board listed companies that were listed in IDX from 1st January 2020 – 31st December 2023. The samples used are limited to companies listed in Acceleration Board IDX period 2020-2023. Multiple regression analysis is used in this research to examine the relationship between the dependent variable and two or more independent variables. From five independent variables, partially, only the Net Profit Margin has a significant impact on the company’s market performance (stock price). From the results of the ANOVA test, there is a simultaneous significant effect of the independent variables ROA, ROE, DER, NPM, and Cash Flow from Operation on the dependent variable Market Performance (stock price).
Authors and Affiliations
Inaya Puspita, Subiakto Soekarno,
The Significance of Financial Control in Ensuring Targeted Spending in Vocational Education Institutions
This article is devoted to consideration of the significance of financial control in ensuring the targeted spending in vocational educational institutions. Research papers of economists on the concept of financial contro...
EFL Teachers’ Beliefs and Practice of Code-Switching: A Case Study at Ba Ria – Vungtau University
This paper presents the practice, including the forms and functions, and beliefs of code-switching practiced by EFL teachers in classroom instruction in the context of a university in Ba Ria – Vung Tau province. Three in...
The Interrelation between Obesity Management and Climate Change in Greece
Two major global problems of our era are climate change and obesity. Both are interlinked and interconnected having undesired social, economic, environmental impacts as well as harmful impacts on human health. The rate o...
A Study of The Consumer Profile of Fresh Chicken B2B in Jakarta Province (Case study of Processed Noodle Restaurants)
The study aims to comprehensively investigate the consumer profile of fresh chicken in Jakarta, with a special focus on processed noodle restaurants, especially ramen and bakmi restaurants as the main customers in busine...
A Sociodemographic Assessment of Infant Malnutrition in Rural Area, Bangladesh: Logistic Regression Approach
This study investigates the association between socio-demographic factors and infant child (0-1 year) malnutrition defined by underweight, stunting and wasting, in rural areas, Bangladesh. Survey data, Multiple Indicator...