Bina Bangsa International Journal of Business and Management
Vol. 4 No. 2 (2024): Bina Bangsa International Journal of Business and Management

THE EFFECT OF CAPITAL ADEQUACY RATIO (CAR), RETURN ON ASSETS (ROA), AND RETURN ON EQUITY (ROE) ON STOCK GROWTH IN STATE-OWNED BANKS LISTED ON THE INDONESIA STOCK EXCHANGE (IDX) FOR THE 2013-2022 PERIOD

Wahyu , Didin Rasyiddin (Unknown)
Majid, Abdul (Unknown)
Widodo, Wahyu (Unknown)
Munawaroh, Munawaroh (Unknown)
Komarudin, Mamay (Unknown)



Article Info

Publish Date
30 Aug 2024

Abstract

The purpose of the study is to find out whether CAR, ROA and ROE affect Stock Growth in state-owned banks listed on the Indonesia Stock Exchange (IDX) for the 2013-2022 period. This research method uses a quantitative research method, the population in this study is all state-owned banks totaling 4 banks and the sample used is 4 state-owned banks using saturated samples, data collection techniques using secondary data, data analysis techniques used in this study consist of statistical descriptions, classical assumption tests, multiple linear regression analysis, determination coefficients and statistical hypotheses. Based on the results of the study, it is known that the CAR count is -5,988 < ttable -2,028 and the t-test sig is 0.000 < 0.05, the ROA t-2,213 < ttable 2,028 and the t-test sig is 0.033 < 0.05, the ROE tcount value is 7,654 < ttable 2,028 and the t-test sig is 0.000 < 0.05, and the results of the F test (simultaneous) are obtained The calculation is 78,723 > 2.86 Ftabel and the test sig value is 0.000 < 0.05. Thus, it can be concluded that partially CAR has a negative effect on Stock Growth, ROA has a negative effect on Stock Growth, and ROE has a positive effect on Stock Growth. Meanwhile, simultaneously CAR, ROA, and ROE affect Stock Growth in SOEs listed on the Indonesia Stock Exchange for the 2013-2022 period.

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Journal Info

Abbrev

home

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Bina Bangsa International Journal of Business and Management (BBIJBM) is a peer-reviewed journal published three times a year (January-April, May-August, and September-December) by Master in Management Program, Faculty of Economics and Business, Universitas Bina Bangsa. BBIJBM is intended to be the ...