THE IMPACT OF FINANCIAL PERFORMANCE AND MACROECONOMICS ON THE STOCK RETURNS OF THE COMPANY IN CONSTRUCTION AND BUILDING SUBSECTORS
The research focuses on a phenomenon of decreased stock prices for construction and building subsectors in the Indonesian Stock Exchange during the development of infrastructures by the government. It analyzes the impact of financial performances and macroeconomics towards the stock returns of const...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
iVolga Press
2019-02-01
|
| Series: | Russian Journal of Agricultural and Socio-Economic Sciences |
| Subjects: | |
| Online Access: | https://rjoas.com/issue-2019-02/article_31.pdf |
| _version_ | 1797706602769285120 |
|---|---|
| author | Kharisma Y. Hartoyo S. Maulana T.N.A. |
| author_facet | Kharisma Y. Hartoyo S. Maulana T.N.A. |
| author_sort | Kharisma Y. |
| collection | DOAJ |
| description | The research focuses on a phenomenon of decreased stock prices for construction and building subsectors in the Indonesian Stock Exchange during the development of infrastructures by the government. It analyzes the impact of financial performances and macroeconomics towards the stock returns of construction and building subsectors in the Indonesian Stock Exchange, using the data panel regression. The variables of Debt to Equity Ratio (DER), Return On Equity (ROE), Price Book Value (PBV), inflation rates and government policies affect the stock returns of construction and building subsector significantly, while the Current Ratio (CR), Total Asset Turn Over (TAT), and Price to Earning Ratio (PER) do not have significants impacts towards the stock returns. |
| first_indexed | 2024-03-12T05:54:45Z |
| format | Article |
| id | doaj.art-b154a320a70842f5a6f1811a097e64d9 |
| institution | Directory Open Access Journal |
| issn | 2226-1184 |
| language | English |
| last_indexed | 2024-03-12T05:54:45Z |
| publishDate | 2019-02-01 |
| publisher | iVolga Press |
| record_format | Article |
| series | Russian Journal of Agricultural and Socio-Economic Sciences |
| spelling | doaj.art-b154a320a70842f5a6f1811a097e64d92023-09-03T04:48:35ZengiVolga PressRussian Journal of Agricultural and Socio-Economic Sciences2226-11842019-02-0186225325710.18551/rjoas.2019-02.31THE IMPACT OF FINANCIAL PERFORMANCE AND MACROECONOMICS ON THE STOCK RETURNS OF THE COMPANY IN CONSTRUCTION AND BUILDING SUBSECTORSKharisma Y.0Hartoyo S.1Maulana T.N.A.2School of Business, IPB UniversitySchool of Business, IPB UniversitySchool of Business, IPB UniversityThe research focuses on a phenomenon of decreased stock prices for construction and building subsectors in the Indonesian Stock Exchange during the development of infrastructures by the government. It analyzes the impact of financial performances and macroeconomics towards the stock returns of construction and building subsectors in the Indonesian Stock Exchange, using the data panel regression. The variables of Debt to Equity Ratio (DER), Return On Equity (ROE), Price Book Value (PBV), inflation rates and government policies affect the stock returns of construction and building subsector significantly, while the Current Ratio (CR), Total Asset Turn Over (TAT), and Price to Earning Ratio (PER) do not have significants impacts towards the stock returns.https://rjoas.com/issue-2019-02/article_31.pdfConstructionbuildingfinancial performancemacroeconomicsstock returns |
| spellingShingle | Kharisma Y. Hartoyo S. Maulana T.N.A. THE IMPACT OF FINANCIAL PERFORMANCE AND MACROECONOMICS ON THE STOCK RETURNS OF THE COMPANY IN CONSTRUCTION AND BUILDING SUBSECTORS Russian Journal of Agricultural and Socio-Economic Sciences Construction building financial performance macroeconomics stock returns |
| title | THE IMPACT OF FINANCIAL PERFORMANCE AND MACROECONOMICS ON THE STOCK RETURNS OF THE COMPANY IN CONSTRUCTION AND BUILDING SUBSECTORS |
| title_full | THE IMPACT OF FINANCIAL PERFORMANCE AND MACROECONOMICS ON THE STOCK RETURNS OF THE COMPANY IN CONSTRUCTION AND BUILDING SUBSECTORS |
| title_fullStr | THE IMPACT OF FINANCIAL PERFORMANCE AND MACROECONOMICS ON THE STOCK RETURNS OF THE COMPANY IN CONSTRUCTION AND BUILDING SUBSECTORS |
| title_full_unstemmed | THE IMPACT OF FINANCIAL PERFORMANCE AND MACROECONOMICS ON THE STOCK RETURNS OF THE COMPANY IN CONSTRUCTION AND BUILDING SUBSECTORS |
| title_short | THE IMPACT OF FINANCIAL PERFORMANCE AND MACROECONOMICS ON THE STOCK RETURNS OF THE COMPANY IN CONSTRUCTION AND BUILDING SUBSECTORS |
| title_sort | impact of financial performance and macroeconomics on the stock returns of the company in construction and building subsectors |
| topic | Construction building financial performance macroeconomics stock returns |
| url | https://rjoas.com/issue-2019-02/article_31.pdf |
| work_keys_str_mv | AT kharismay theimpactoffinancialperformanceandmacroeconomicsonthestockreturnsofthecompanyinconstructionandbuildingsubsectors AT hartoyos theimpactoffinancialperformanceandmacroeconomicsonthestockreturnsofthecompanyinconstructionandbuildingsubsectors AT maulanatna theimpactoffinancialperformanceandmacroeconomicsonthestockreturnsofthecompanyinconstructionandbuildingsubsectors AT kharismay impactoffinancialperformanceandmacroeconomicsonthestockreturnsofthecompanyinconstructionandbuildingsubsectors AT hartoyos impactoffinancialperformanceandmacroeconomicsonthestockreturnsofthecompanyinconstructionandbuildingsubsectors AT maulanatna impactoffinancialperformanceandmacroeconomicsonthestockreturnsofthecompanyinconstructionandbuildingsubsectors |