Pengaruh Pengungkapan Corporate Social Responsibility, Struktur Modal, dan Financial Distress terhadap Return Saham Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2017-2021

., Fathihani; Randyantini, Vely; Saputri, Ika Puji; Wijayanti, Fitri Ayu Kusuma

doi:10.33059/jseb.v14i1.6046

Cited by 3 publications

(7 citation statements)

References 19 publications

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“…Struktur modal adalah proporsi antara modal perusahaan yang berasal dari pribadi dan hutang jangka pendek maupun panjang yang dimiliki oleh perusahaan. Struktur modal tersebut digunakan oleh perusahaan dalam upaya meningkatkan kinerja keuangan dan mengembangkan usaha yang dapat dicerminkan menggunakan Debt Equity Ratio (DER) (Fathihani et al, 2023). Debt Equity Ratio (DER) yang tinggi dapat menyebabkan respon buruk berupa menurunnya permintaan saham yang menyebabkan kemerosotan harga saham sehingga return saham yang didapatkan investor mengalami penurunan (Rahmah & Mintarti, 2022).…”

Section: Pendahuluanunclassified

“…Aspek berikutnya yang dapat mempengaruhi return saham adalah financial distress, yaitu kondisi dimana perusahaan dapat melakukan pelunasan terhadap kewajiban jangka pendek dan panjang yang dimiliki pada tanggal yang telah ditentukan (Fathihani et al, 2023). Financial distress merupakan kondisi pada saat perusahaan mengalami krisis sebelum terjadinya kebangkrutan.…”

Section: Pendahuluanunclassified

“…Berdasarkan penelitian Fathihani et al, (2023) Dengan adanya penelitian tersebut, maka peneliti menguji kembali dan menggabungkan variabel-variabel tersebut yang di uji oleh peneliti terdahulu.…”

Section: Pendahuluanunclassified

“…Penelitian yang dilakukan oleh Fitriani et al, (2021) dan Ikrima & Asrori (2020) menunjukkan adanya pengaruh yang signifikan dari pengungkapan corporate social responsibility terhadap return saham. Namun, pada penelitian yang dilakukan oleh Fathihani et al, (2023) menunjukkan bahwa pengungkapan corporate social responsibility tidak berpengaruh terhadap return saham. H2: Struktur modal berpengaruh signifikan terhadap return saham.…”

Section: Kerangka Dasar Penelitianunclassified

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Pengaruh Pengungkapan Corporate Social Responsibility, Struktur Modal, Financial Distress, dan Corporate Governance terhadap Return Saham

Anngelia Shavira Putri,

Prita Karina Diandra

2023

arbitrase

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This study aims to examine the effect of corporate social responsibility disclosure, capital structure, financial distress, and corporate governance on stock return. The population used in this study is property and real estate companies listed on the IDX for the 2018-2022 period. The sample in this study amounted to 13 property and real estate companies, using purposive sampling technique and an observation period of 5 years so that 65 samples of observation data were obtained. The data needed in this study were obtained from the publication of financial statements in the Indonesia Stock Exchange. The data analysis method used to test the hypothesis is multiple linear regression analysis. The analysis was carried out using SPSS version 26. The results of this research show that corporate social responsibility disclosure has a significance value of 0.538 or has no effect on stock returns. Capital structure has a significance value of 0.449 or has no effect on stock returns. Financial distress has a significance value of 0.002 or has a positive and significant influence on stock returns. Institutional ownership has a significance value of 0.840 or has no effect on stock returns. The proportion of independent board of commissioners has a significance value of 0.380 or has no effect on stock returns.

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Section: Pendahuluanunclassified

Section: Kerangka Dasar Penelitianunclassified

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Pengaruh Pengungkapan Corporate Social Responsibility, Struktur Modal, Financial Distress, dan Corporate Governance terhadap Return Saham

Anngelia Shavira Putri,

Prita Karina Diandra

2023

arbitrase

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“…Studi ini mendukung studi empiris (Fathihani et al, 2023) yang menyatakan bahwa meskipun CSR berpengaruh positif terhadap return saham, kurangnya pengungkapan CSR oleh perusahaan membatasi apresiasi investor, sehingga CSR bukan indikator penting dalam pengambilan keputusan investasi. Studi ini juga mendukung hasil empiris Pradista & Kusumawati, (2022) yang berpendapat bahwa pengungkapan CSR tidak berdampak pada return saham karena investor memandang CSR sebagai kewajiban kepada pemerintah daripada sumber manfaat yang nyata.Namun, studi ini kontra dengan hasil empiris Fitriani et al, (2021) yang menemukan bahwa CSR memiliki korelasi positif dengan return saham perusahaan pada Indeks LQ-45, karena investor melihat perusahaan yang mengungkapkan CSR memiliki modal produktif yang besar dan cenderung dapat mempertahankan kelangsungan usahanya.…”

Section: Pengaruh Csr Terhadap Return Sahamunclassified

Pengaruh Kinerja Keuangan dan Kinerja Non-Keuangan Terhadap Return Saham Perusahaan Perkebunan di Indonesia

Ahmad Syarif,

Bisma Maulana

2022

jtear

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The trade war phenomenon between the United States and China, the increase in CPO import prices by CPO importing countries, and the Covid-19 pandemic have negatively impacted global trade performance. Even so, Plantation companies continue to experience an increase in stock performance and become a force of economic growth for Indonesia, thus increasing the number of young investors to invest in these companies. This makes researchers want to know the factors that support the increase in stock performance, seen from financial performance and non-financial performance. Financial performance in this study is Return on Asset (ROA) and Total Asset Turnover (TATO), while non-financial performance is Corporate Social Responsibility (CSR). This study uses quantitative methods to process data from annual reports and sustainability reports. The samples in this study were 12 Agriculture and Plantation companies in Indonesia. The results of this study indicate that CSR has no significant effect on stock returns, ROA has a significant effect on stock returns, and TATO has no significant effect on stock returns. These results expect companies to be able to maintain their financial performance on a positive trend and strategise so that stock prices continue to increase

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Pengaruh Fleksibilitas Keuangan, Struktur Modal, dan Profitabilitas terhadap Return Saham

Jao,

Daromes,

Holly

et al. 2024

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This research aims to analyze the influence of financial flexibility, capital structure, and profitability on stock returns. The main theory used to explain the relationship between variables is signaling theory. The research population consists of manufacturing companies listed on the Indonesia Stock Exchange (IDX) with an observation period of 2018–2022. Sample selection was carried out purposively. The analysis technique used is multiple linear regression analysis. This research finds that financial flexibility and profitability have a positive and significant effect on stock returns, while capital structure has a negative and significant effect on stock returns.

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Pengaruh Pengungkapan Corporate Social Responsibility, Struktur Modal, dan Financial Distress terhadap Return Saham Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2017-2021

Cited by 3 publications

References 19 publications

Pengaruh Pengungkapan Corporate Social Responsibility, Struktur Modal, Financial Distress, dan Corporate Governance terhadap Return Saham

Pengaruh Pengungkapan Corporate Social Responsibility, Struktur Modal, Financial Distress, dan Corporate Governance terhadap Return Saham

Pengaruh Kinerja Keuangan dan Kinerja Non-Keuangan Terhadap Return Saham Perusahaan Perkebunan di Indonesia

Pengaruh Fleksibilitas Keuangan, Struktur Modal, dan Profitabilitas terhadap Return Saham

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