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THE ROLE OF FINANCIAL PERFORMANCE ON STOCK PRICES: AN EMPIRICAL STUDY OF BASIC MATERIALS COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE 2022 - 2024 Muhammad Fajar Alamsyah Razak; Anida Almira Syahid; Muhammad Sabrian Oehoedoe; Mohammad Shiddiq; Anisah Nadya Ananta; Nur Patmasari
JISEF : Journal Of International Sharia Economics And Financial Vol 5 No 1 (2026): JISEF : Journal Of International Sharia Economics and Financial
Publisher : Pusat Studi Ekonomi, Publikasi Ilmiah dan Pengembangan SDM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62668/jisef.v5i1.2724

Abstract

This study examines the effect of financial performance, measured by Return on Assets (ROA), Return on Equity (ROE), and Debt to Equity Ratio (DER), on the stock prices of Basic Materials companies listed on the Indonesia Stock Exchange during 2022–2024. A quantitative approach was applied using secondary data from annual reports and stock price records. Purposive sampling produced 77 companies and 231 observations. Stock price, measured using the natural logarithm of the closing price, was analyzed through multiple linear regression. The results show that ROA has a positive and significant effect on stock prices, indicating that effective asset utilization strengthens investor confidence. Meanwhile, ROE and DER have no significant partial effect on stock prices. However, ROA, ROE, and DER simultaneously significantly affect stock prices. The study concludes that financial performance influences stock prices, primarily through asset management efficiency. Future studies may include additional financial and macroeconomic variables.
Pengaruh Keahlian Auditor Internal Terhadap Pencegahan Kecurangan Aparat Pemerintah (Studi Kasus Pada Inspektorat Provinsi Sulawesi Tenggara) Nur Patmasari; Muh. Fajar Alamsyah R.; Anisah Nadya Ananta; Anida Almirah Syahid; Muhammad Sabrian Oehoedoe; Mohammad Shidiq
Jurnal Akuntansi Dan Keuangan West Science Vol 5 No 01 (2026): Jurnal Akuntansi dan Keuangan West Science
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/jakws.v5i01.3125

Abstract

Penelitian ini bertujuan untuk menguji dan menganalisis pengaruh Keahlian Auditor Internal terhadap pencegahan kecurangan aparat pemerintah. Penelitian ini menggunakan teknik pengambilan sampling total yang berjumlah 42 sampel pada Inspektorat Provinsi Sulawesi Tenggara. Metode pengumpulan data menggunakan kuesioner. Metode Analisis data menggunakan analisis regresi linear sederhana dengan bantuan aplikasi software IBM SPSS Statistics Versi 22. Hasil penelitian ini menunjukan bahwa keahlian Auditor Internal Berpengaruh Signifikan terhadap Pencegahan Kecurangan Aparat pemerintah.