Profitability and Leverage: Key Drivers of Share Prices in Indonesia's Textile and Garment Industry

This study aims to determine whether profits and leverage influence the share prices of textile companies listed on the Indonesia Stock Exchange. The aim of this research is to determine the combined effect of profitability (EPS and ROE) and leverage (DAR and DER) on the share prices of textile companies listed on the Indonesia Stock Exchange. The type of research used is quantitative. This research uses secondary data, secondary data obtained from the official BEI website (www.idx.co.id). The method used in collecting research data is the documentation method. This research uses data analysis in this research, namely quantitative analysis. The analytical tools used are classical hypothesis test (partial) with a significance level of 5%. The research results produced a multiple regression Y=4.066 + 0.463Xi - 0.216X2 + 4.657 DER)Xe on stock prices. The results of the partial t test show that there is a significant influence between share price profitability (EPS and ROE) and there is no significant influence between share price leverage (DAR and DER) in textile subsector companies. Companies operating in the textile sector.

Authors

Institutions

Publication Details

Journal
Proceedings of International Conference on Multidiciplinary Research
Published
2024-12-25
DOI
https://doi.org/10.32672/picmr.v7i1.2743
Primary Topic
Global Trade and Competitiveness
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Profitability and Leverage: Key Drivers of Share Prices in Indonesia's Textile and Garment Industry

Saiful Amri, Sarboini, Kasmaniar
Proceedings of International Conference on Multidiciplinary Research
Global Trade and Competitiveness
article

Profitability and Leverage: Key Drivers of Share Prices in Indonesia's Textile and Garment Industry

Saiful Amri, Sarboini, Kasmaniar
article en

Abstract

This study aims to determine whether profits and leverage influence the share prices of textile companies listed on the Indonesia Stock Exchange. The aim of this research is to determine the combined effect of profitability (EPS and ROE) and leverage (DAR and DER) on the share prices of textile companies listed on the Indonesia Stock Exchange. The type of research used is quantitative. This research uses secondary data, secondary data obtained from the official BEI website (www.idx.co.id). The method used in collecting research data is the documentation method. This research uses data analysis in this research, namely quantitative analysis. The analytical tools used are classical hypothesis test (partial) with a significance level of 5%. The research results produced a multiple regression Y=4.066 + 0.463Xi - 0.216X2 + 4.657 DER)Xe on stock prices. The results of the partial t test show that there is a significant influence between share price profitability (EPS and ROE) and there is no significant influence between share price leverage (DAR and DER) in textile subsector companies. Companies operating in the textile sector.

Proceedings of International Conference on Multidiciplinary ResearchVol. 7(1)
Universitas Serambi Mekkah (ID)
Openalex Percentile: Top 39%
Global Trade and Competitiveness
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Profitability and Leverage: Key Drivers of Share Prices in Indonesia's Textile and Garment Industry — Saiful Amri, Sarboini, et al. · Proceedings of International Conference on Multidiciplinary Research (2024) | TGRS Research Map | TGRS