Determinants of Stock Prices in the Indonesian Stock Exchange

The main objective of financial reports is to provide useful accounting information for making economic decisions. Users of financial reports will use them to predict, compare and assess the financial information impacts arising from the economic decisions they make. This study aims to determine the effect of return on assets, return on equity, and net profit margin. The type of research conducted in this study is research using quantitative techniques in multiple regression analysis. The results of this study show that return on assets has a significant effect on stock prices, while return on equity and net profit margin do not have a significant effect on stock prices. Then, Return on Assets received by the company is more dominant in influencing Stock Price. In general, the higher the ROA, the greater the Stock Price, because investors tend to dare or like healthy companies or can provide high profits

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Publication Details

Journal
Jurnal Mebis (Manajemen dan Bisnis)
Published
2025-07-12
DOI
https://doi.org/10.33005/mebis.v10i1.703
Primary Topic
Financial Analysis and Corporate Governance
Type
article
Field-Weighted Citation Impact
0.00
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article

Determinants of Stock Prices in the Indonesian Stock Exchange

Oryza Tannar
Jurnal Mebis (Manajemen dan Bisnis)
Financial Analysis and Corporate Governance
article

Determinants of Stock Prices in the Indonesian Stock Exchange

Oryza Tannar
article en

Abstract

The main objective of financial reports is to provide useful accounting information for making economic decisions. Users of financial reports will use them to predict, compare and assess the financial information impacts arising from the economic decisions they make. This study aims to determine the effect of return on assets, return on equity, and net profit margin. The type of research conducted in this study is research using quantitative techniques in multiple regression analysis. The results of this study show that return on assets has a significant effect on stock prices, while return on equity and net profit margin do not have a significant effect on stock prices. Then, Return on Assets received by the company is more dominant in influencing Stock Price. In general, the higher the ROA, the greater the Stock Price, because investors tend to dare or like healthy companies or can provide high profits

Jurnal Mebis (Manajemen dan Bisnis)Vol. 10(1)
University of Pembangunan Nasional Veteran Jawa Timur (ID)
Openalex Percentile: Top 64%
Financial Analysis and Corporate Governance
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