Analysis of the Effect of Financial Performance on Stock Prices in Consumer Sector Manufacturing Companies Listed on The Indonesia Stock Exchange for the Period 2017 – 2022

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Published: Dec 30, 2023
DOI: https://doi.org/10.62398/probis.v14i6.437
Keywords:
ROA, ROE, DER, Earning Per Share
Issue
Vol. 14 No. 6 (2023): December: Management Science
Section
Articles
Statistics Article
Article View : 112 Times

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Zakia Fadila
Politeknik Unggul LP3M
Amin Hou
Universitas Mahkota Tricom Unggul
Adi Harianto
Institut Bisnis Informasi Teknologi dan Bisnis
Deby Siska Oktavia Pasaribu
Universitas Mahkota Tricom Unggul
M. Fakhrul Hirzi
Universitas Mahkota Tricom

Abstract

This study aims to analyze the effect of financial performance on stock prices in consumer sector manufacturing companies listed on the Indonesia Stock Exchange for the period 2017 - 2022. The method used by the author in this study uses descriptive quantitative research methods. This descriptive qualitative research is to determine the effect of financial performance on stock prices in consumption sector manufacturing companies listed on the Indonesia Stock Exchange for the period 2017 - 2022. Population identification in this study is the consumer goods industry sector of the food and beverage industry subsector totaling 26 companies. The sample in this study amounted to 7 food and beverage industry sector companies listed on the IDX 2024. Data analysis in this study used the Structural Equation Model Partial Least Square (SEM-PLS). The results of this study are partially ROE has no positive and insignificant effect on stock prices in Consumer Sector Manufacturing Companies Listed on the Indonesia Stock Exchange for the period 2017 - 2022, 2) partially ROA has a positive and insignificant effect on stock prices in Consumer Sector Manufacturing Companies Listed on the Indonesia Stock Exchange for the period 2017 - 2022, 3) partially DER has a positive and insignificant effect on stock prices in Consumer Sector Manufacturing Companies Listed on the Indonesia Stock Exchange for the period 2017 - 2022. 4) simultaneously ROE, ROA and DER have a positive and insignificant effect on stock prices in Consumer Sector Manufacturing Companies Listed on the Indonesia Stock Exchange for the period 2017 - 2022

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How to Cite
Fadila, Z., Hou, A., Harianto, A., Pasaribu, D. S. O., & Hirzi, M. F. (2023). Analysis of the Effect of Financial Performance on Stock Prices in Consumer Sector Manufacturing Companies Listed on The Indonesia Stock Exchange for the Period 2017 – 2022. ProBisnis : Jurnal Manajemen, 14(6), 798–805. https://doi.org/10.62398/probis.v14i6.437
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