Global Advances in Business Studies
Vol. 4 No. 1 (2025): Global Advances in Business Studies (GABS)

Determinants of stock returns: evidence from property and real estate companies in Indonesia

Wijaya, Cahyadi (Unknown)
Nurastuti, Preatmi (Unknown)
Musiega, Maniagi (Unknown)
Kurniawati, Herni (Unknown)



Article Info

Publish Date
25 Mar 2025

Abstract

This study examines the effect of the current ratio, debt-to-equity ratio, return on assets, and dividend payout ratio on stock returns in property and real estate companies listed on the Indonesian stock exchange for 2018-2022. This research employs a quantitative approach using secondary data from the companies' annual financial reports. The sample covers 11 property and real estate companies listed on the Indonesian stock exchange. The results show that the current ratio, debt-to-equity ratio, and return on assets do not significantly affect stock returns, whereas the dividend policy does.

Copyrights © 2025






Journal Info

Abbrev

gabs

Publisher

Subject

Economics, Econometrics & Finance

Description

Global Advances in Business Studies (GABS) is an international, double-blind peer-reviewed, open-access journal published by Ifma Publishing. GABS aims to provide a valuable outlet for research on business-orientated themes and topics. It publishes articles of a multi-disciplinary and ...