Claim Missing Document
Check
Articles

Found 2 Documents
Search

ANALISIS KINERJA PERUSAHAAN PERBANKAN SEBELUM DAN SESUDAH MENJADI PERUSAHAAN PUBLIK DI BURSA EFEK JAKARTA (BEJ) Yuli, Astuti
Jurnal Riset Akuntansi dan Keuangan Vol 2, No 1 (2006): Jurnal Riset Akuntansi dan Keuangan
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrak.2006.21.119

Abstract

Go pubtic is selling.stock or o company obligation to the public in the stock market, in which by Initial Public ffiring QPO). Go pubtic compay will receive fund or cash, therefore it is expected that the company prospect ningt get better throught the expasio, which is doheIn this research, it is doe empiris study to is public bank sample. He sample are take by purposive sampling fr.om 2l banlcs listed on BEJ. History list are got. from the bank Jinancial report approximate years of age lasted o 3l December. We hope that the study result can give answer the questioh "Is there dffirence between company workingof banking cornpany before and afier become public compay"?Some studies on the effict of go public on Jakarta Stock Exchaneshowed that there have been significant positive effects o the comprya working system, conversely, the other research gave iconnsistent /inding.Furthermore, this research dimed to analyze the dffirent of thebanking system in the years before and afier the go public. The banking working systen was measured based on five aspects, they are: 1) Capital adeguacy, 2) Asset quality, 3) Management, 4) Earning and 5) Liquidity.The result of hypothesis show a conclusion that oly some of dffirent CAMEL ratio are ROM and NPM for the years before and after go public, and the totatity show that there is no significant dffirence between bank company working for the years before and arter go public. On the onther word, the result of new contribution selling on IPO did ,not fuove positivg ffict to improvement of bank company worki.ng after listing.Kqwords : IPO, banking, go public, CAMEL.
The Effect of Profitability and Leverage on Stock Prices with Company Size as a Control Variable (Empirical Study on Manufacturing Companies Listed on the Indonesia Stock Exchange 2019-2023) Mangande, Nelsy; Yuli, Astuti
Journal of Economics and Social Sciences (JESS) Vol. 4 No. 1 (2025): Journal of Economics and Social Sciences (JESS)
Publisher : CV. Civiliza Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59525/jess.v4i1.699

Abstract

This study aims to analyze the effect of profitability and leverage on stock prices, with firm size as a control variable. Profitability is measured using Return on Assets (ROA), leverage is measured by the Debt to Equity Ratio (DER), while firm size is measured using the natural logarithm of total assets. The stock price used in this study is the year-end closing price. This is a quantitative study utilizing secondary data obtained from the annual financial reports of manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2023 period. The sample was selected using purposive sampling, resulting in a total of 198 companies that met the criteria. Data analysis was conducted using multiple linear regression with the assistance of EViews software. The results show that profitability has a positive and significant effect on stock prices, while leverage does not have a significant effect. Firm size, as a control variable, also shows a positive effect on stock prices. These findings indicate that financial performance, particularly a company's ability to generate profit, plays an important role in determining its market value.