Do fundamental factors affect the stock prices of Indonesian telecommunications companies?

Authors

Mika Ferdisa Sinulingga , Tuti Meutia , Mayang Murni

DOI:

10.62941/rbar.v1i2.36

Issue:

Vol. 1 No. 2 (2024): April-June

Keywords:

Return on assets, debt to equity ratio, current ratio, stock price
Received: 07/22/2024
Accepted: 09/05/2024
Published: 06/30/2024

Reseach Article

How to Cite

Sinulingga, M. F., Meutia, T., & Murni, M. (2024). Do fundamental factors affect the stock prices of Indonesian telecommunications companies?. Review of Business and Accounting Research, 1(2). https://doi.org/10.62941/rbar.v1i2.36

Abstract

This research aims to determine the effect of Return on Assets, Debt to Equity Ratio, and Current Ratio on share prices at PT Telkom Indonesia Tbk on the Indonesia Stock Exchange for the 2012-2021 period. This type of research is descriptive quantitative. The sample for this research is PT Telkom Indonesia Tbk on the Indonesia Stock Exchange for the 2012-2021 period. The sample selection used a saturated sampling method with a total of one company. The data analysis technique uses panel data regression analysis. The results of the analysis can be concluded that partially, the Debt to Equity Ratio and Current Ratio do not have a significant effect on stock prices. Meanwhile, partial Return on Assets has a significant effect on share prices. The simultaneous test results of Return on Assets, Debt to Equity Ratio, and Current Ratio have a significant effect on the share price.

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Author Biographies

Mika Ferdisa Sinulingga, Department of Accounting, Faculty of Economics, Universitas Samudra, Langsa, Indonesia

Tuti Meutia, Department of Accounting, Faculty of Economics, Universitas Samudra, Langsa, Indonesia

Mayang Murni, Department of Accounting, Faculty of Economics, Universitas Samudra, Langsa, Indonesia

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Copyright (c) 2024 Mika Ferdisa Sinulingga, Tuti Meutia, Mayang Murni

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