Determinants of stock return of property and real estate companies in the developing market

Endri, Endri; Amrullah, Dani Fahmi; Suparmun, Haryo; Mary, Hilda; Sova, Maya; Indrasari, Arum

doi:10.22495/cgobrv5i2sip6

Cited by 4 publications

(4 citation statements)

References 41 publications

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“…However, in some cases, the increment in sales cost results from other indirect costs. Notedly, property owners may invest in marketing activities like advertising to attract potential buyers as demand declines [1]. The study of LIN & TSAI expresses a similar opinion as Endri et al Particularly, the author believes that real estate prices will hike following increments in the U.S. dollar interest rate.…”

Section: Prices Increasementioning

confidence: 83%

“…The study of LIN & TSAI expresses a similar opinion as Endri et al Particularly, the author believes that real estate prices will hike following increments in the U.S. dollar interest rate. However, unlike Endri et al, they note that the unit price increments will affect rental property as well [1,2]. Basically, more prospective homebuyers will settle for rented spaces, thus increasing the demand for rentals as well.…”

Section: Prices Increasementioning

confidence: 92%

“…Interest rate hikes could lower the demand for property, but this is not definite. According to Endri et al, demand in the real estate market will significantly drop following the U.S. dollar interest rate hikes [1]. Precisely, fewer people will willfully take the risk of securing loans to buy homes when the interest rates are skyrocketing.…”

Section: Consumer Confidence and Home Buying Decisionsmentioning

confidence: 99%

See 2 more Smart Citations

Real Estate Market Transformations: Insights and Implications for Canadian Investors and Consumers amid U.S. Interest Rate Adjustments

Jia

2024

HBEM

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The world is currently battling the economic costs of the high U.S. dollar interest rate since the cost of living has increased to an unaffordable level for most households, and the real estate market is one of the casualties. Therefore, it is critical to establish the options that real estate investors have that they could consider generating more revenue when the housing market proves unprofitable. The paper aims at assessing how the U.S. dollar interest rate hikes affects the real estate market. The study indicates that the future housing prices are relatively unpredictable; they could either increase significantly, increase by a small margin, or remain the same. In this regard, it is critical to advise real estate investors to venture into other investments where the rise in the U.S. dollar interest rates promises optimal gains, given that the housing market may not be so lucrative.

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Section: Prices Increasementioning

confidence: 83%

Section: Prices Increasementioning

confidence: 92%

Section: Consumer Confidence and Home Buying Decisionsmentioning

confidence: 99%

See 1 more Smart Citation

Real Estate Market Transformations: Insights and Implications for Canadian Investors and Consumers amid U.S. Interest Rate Adjustments

Jia

2024

HBEM

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“…Demand for the shares will rise in response to a growth in potential investors, which will result in a sharp increase in the company's stock price. According to study by Endri et al (2021), the return on assets influences accounting decisions in a rather substantial way.…”

Section: Literature Review 21 Conceptual Review 211 Accounting Choicementioning

confidence: 99%

Determinants of Investment Property Choice: an Empirical Analysis of Nigeria Listed Firms

( FCA, Ph.D),

ADEBOWALE,

FAGBOMEDO

et al. 2024

JEFMS

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In order to investigate the factors influencing the choices of investment properties of the firms listed on Nigeria Exchange Group (NGX), this study carried out an empirical investigation. 155 businesses that were listed on the Nigerian Exchange Group (NGX) as of December 31, 2022, made up the study's population. A purposive sampling strategy was used to select a sample size of fifty-five firms. Data were obtained from the companies' audited annual financial reports for the years 2012-2022. Panel data regression (PDR) was utilized for the analysis of data. The findings showed that the accounting choices made by businesses regarding the management of investment property are significantly influenced by both debt and business size. Furthermore, the choice of how to treat investment property in accounting is not much influenced by the degree of board independence. Moreover, non-financial firms listed on the stock exchange choose different accounting methods for their investment assets due to the negative and significant effects of ownership concentration. This is due to the fact that a company that has a high ownership concentration is less likely to base its accounting choices on the International Financial Reporting Standards (IFRS). This implies that businesses are less likely to adhere to the fair value technique for valuing investment property if their ownership is more concentrated. The study discovered that a firm's accounting decision on the handling of investment property is significantly influenced by the drivers of investment property choosing. It is, thus, recommended the need for firms to set up a system that would track and assess investment property choices on an ongoing basis. This is expected to develop robust, and proactive plans that consider both short-term financial gain and long-term viability.

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Stock Market Reactions before and during the COVID-19 Pandemic: Evidence from Indonesia

Riyani

Andriana

Mardiah

et al. 2022

Wseas Transactions on Business and Economics

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Research on market reactions to the phenomenon of The Day of Week Effect, Week Four Effect, Rogalsky Effect, and January Effect in several world capital markets finds different results. This study aims to determine the reaction of the Indonesian capital market before and during the Covid-19 pandemic which is associated with the phenomenon of the day of the week effect, week four effect, Rogalski effect, and January effect. by conducting a study of previous theoretical research, after that a survey was carried out to obtain data phenomena, classifying the closing daily JCI before and during the Covid-19 pandemic, calculating actual returns, calculating expected returns and abnormal returns, then classifying return or abnormal return data into 4 phenomena namely The Day of The Week Effect, Week Four Effect, Rogalsky Effect, and January Effect. For The Day of The Week Effect, return data is classified into Monday and non-Monday returns. For Week Four Effect, return data is classified into Monday week 1, 2, 3, and Monday week 4.5. For the Rogalsky Effect, return data are classified into Monday, April, and Monday non-April. For the January Effect, return data are classified into January 1st week and January 2nd week. Then do the Data Normality Test and Hypothesis Testing. This study produces empirical evidence that there is no phenomenon of the day of the week, week four effect, Rogalski effect, and January effect before and during the Covid-19 pandemic outbreak on the Indonesia Stock Exchange.

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Determinants of stock return of property and real estate companies in the developing market

Cited by 4 publications

References 41 publications

Real Estate Market Transformations: Insights and Implications for Canadian Investors and Consumers amid U.S. Interest Rate Adjustments

Real Estate Market Transformations: Insights and Implications for Canadian Investors and Consumers amid U.S. Interest Rate Adjustments

Determinants of Investment Property Choice: an Empirical Analysis of Nigeria Listed Firms

Stock Market Reactions before and during the COVID-19 Pandemic: Evidence from Indonesia

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