The Impact of Financial Performance on Stock Prices in the Basic and Chemical Industry Sector During the COVID-19 Pandemic

Authors

  • Retno Wati Puji Astutik Universitas Islam Lamongan
  • Fitri Nurjanah Universitas Islam Lamongan
  • Abdul Ghofur Universitas Islam Lamongan
  • Yuhronur Efendi Universitas Islam Lamongan
  • Ahmad Faishol Universitas Islam Lamongan

Abstract

This research aims to determine the effect of financial performance on stock prices. This research uses secondary data obtained from annual reports of basic industrial and chemical sector companies listed on the IDX for the 2020-2022 period. The sample in this study amounted to 138 companies. The data analysis technique uses multiple linear regression analysis. The research results show that profitability as measured by Return on Assets (ROA) financial performance has a significant effect on stock prices. In this research, liquidity as measured using the Current Ratio (CR) states that financial performance has no significant effect on share prices, while leverage as measured by the Debt to Equity Ratio (DER) states that financial performance has a significant effect on stock prices.

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Published

2024-11-09

How to Cite

Astutik, R. W. P., Nurjanah, F., Ghofur, A., Efendi, Y., & Faishol, A. (2024). The Impact of Financial Performance on Stock Prices in the Basic and Chemical Industry Sector During the COVID-19 Pandemic. Proceeding ICAMEKA: International Conference Accounting, Management & Economics Uniska, 1(1), 394–399. Retrieved from https://icamekaproceedings.fe.uniska-kediri.ac.id/index.php/icameka/article/view/35

Issue

Vol. 1 No. 1 (2024): ICAMEKA

Section

Articles