The Effect of Company Size, Exchange Rate and Earnings Per Share on Stock Returns

This study aims to examine and analyze the effect of firm size, exchange rate, earnings per share and capital structure as control variables on stock returns. All manufacturing companies listed on the Indonesia Stock Exchange for the period 2013 – 2017 are the population in this study. By using purposive sampling method, 100 companies were selected as samples in the study. The method of collecting data is library research and secondary data from the official publications of the Indonesia Stock Exchange and the official website of Bank Indonesia. Panel and regression methods are used as an analytical tool in this study. The results obtained in the study are, stock returns are significantly affected by firm size, exchange rates and earnings per share either partially or simultaneously. Meanwhile, when using capital structure as a control variable on stock returns, the results show that the variables of firm size, exchange rate and earnings per share are partially stated to have no significant effect.

tradeoff between liquidity and profitability: evidence from Indian manufacturing firms

The main aim of this research paper is to examine the trade-off between liquidity and profitability of Indian firms. The target population of the study is manufacturing firms. The study used convenience sampling for collecting the data. The study is based on secondary data for the period from 2008 to 2017 and 20 Indian manufacturing firms are selected for this purpose. Analysis of the data has been undertaken using SPSS software. Findings revealed that current liabilities ratio have a positive and significant impact on earnings per share and profit after tax. On the contrary, the current ratio and quick ratio have an insignificant impact on earnings per share, return on capital employed, return on assets and profit after tax. This study suggests that managers should incorporate liquidity into their evaluation decisions in order to boost the financial return of their businesses. The current study offers valuable insights into the success of Indian listed companies for administrators, analysts, regulators, investors, and other interested parties. There is insufficient research that has been conducted to examine the trade-off between liquidity and profitability. Furthermore, findings from this literature cannot be relied upon as they are outdated. Therefore, this study is going to provide updated evidence on the trade-off between liquidity and profitability of Indian manufacturing firms, an area that has largely remained unexplored.

The relationship between dividend policy and bank growth

The purpose of this study is to investigate the association between bank growth and the retained earnings amount for Jordanian banks between 2010 and 2020. The method to be used is regression models. Bank growth is measured using the change in total assets; income retention is measured by subtracting dividends from earnings per share and by deducting dividend per share from the operating cash flow on the accrual basis and cash basis. In addition, another specification will be used to the association between the growth of a bank’s total assets and income retention using the percentage change in the growth of a bank’s total assets and income retention on the accrual and cash basis. The findings of pooled OLS regression models and random effect models show that there is no relationship between income retention using the accrual basis and the bank total assets growth (Adj-R2 was –005). There is a significant relationship between income retention using the cash basis and the bank growth in total assets (Adj-R2 was 14%). There is no significant association between change in income retention using the cash basis and the bank growth in total assets, and bank size affects the relationship between income retention and bank growth in total assets. Users of financial statements need to be aware of the association between the several variables used in this study to make sound decisions.

Effect of Information and Communication Technology (ICT) on Corporate Performance: A Study of Selected Quoted Banks

The study investigates the effect of Information and Communication Technology (ICT) on corporate performance using Zenith Bank Nigeria Plc. and United Bank for Africa Plc. asa study. Data were obtained from annual financial statement published by the bank from 2010 -2016.Corporate performance was proxied by Return on Equity, Return on Asset and Earnings per Share. The ordinary least square regression technique with the aid of the statistical package for social sciences (SPSS) version 21were employed in the analysis. Findings revealed that ICT has a very weak (low) effect on corporate performance measured with return on equity, almost no effect at all on corporate performance measured with return on assets, and positive effect on corporate performance measured with earnings per share. Therefore the study recommends that; there is need for the bank management team to prioritize the ICT need of the bank to avoid unnecessary investment on ICT gadgets in order to reduce the cost associated to ICT operations of the bank. Also, staff training and development are paramount to enable the effective and efficient utilization of the ICT resources. Furthermore, government should rise up to her duty to provide enabling environment for the thriving of businesses.

Analisis Fundamental Laporan Keuangan pada PT Unilever Indonesia Tbk (UNVR) terhadap Pengambilan Keputusan Investasi

The purpose of this study was to evaluate investment choices by analyzing PT Unilever Indonesia Tbk's financial statements for the 2016-2020 period using the Price Earnings Ratio (PER) methods. Fundamental analysis was used to determine intrinsic value in the context of an investment decision using financial indicators such as Return on Equity (ROE), Dividend Payout Ratio (DPR), Earnings per Share (EPS), Dividend per Share (DPS), and Price Earnings Ratio (EPS). The data was obtained using secondary data from PT Unilever Indonesia Tbk's annual report for the period 2016-2020. The results of this study suggest that, based on the analysis of the intrinsic value of the Q2 2021 market price, PT Unilever Indonesia Tbk is an undervalued stock, and that investment decisions should be made by purchasing shares.

Kinerja Keuangan dan Return Saham Perusahaan Blue Chip di Bursa Efek Indonesia

The purpose of this study is to provide empirical evidence regarding the effect of return on assets, earnings per share, and return on equity on stock returns. This research was conducted on Blue Chip companies listed on the Indonesia Stock Exchange (IDX). The number of samples taken as many as 81 samples, with non-probability sampling method with saturated sampling technique. Data collection is done by non-participant observation. The analysis technique used is multiple linear regression technique. The results of the analysis found that return on assets, earnings per share, and return on equity had a positive effect on stock returns of Blue Chip companies listed on the IDX for the 2017-2019 period. Keywords : Stock Return; Return On Assets; Earnings Per Share; Return On Equity; Blue Chip.

The Impact of Capital and Deposit on Financial Performance of Commercial Banks in Nepal

Purpose of this study is to measure characteristics of core capital ratio, bank capital, deposit, net profit after tax, and earnings per share and their separate relationship and measure the individual impact of core capital ratio, bank capital, and deposit on financial performance i.e., net profit after tax (NPAT) and earnings per share (EPS). Descriptive, correlational, and casual comparative research design has been used in this study. This study analyzed secondary data of twenty-six commercial banks from fiscal year 2012/13 to 2018/19 out of twenty-seven. Descriptive statistics, correlation analysis, and regression analysis statistical tools were used in this study. According to its findings, earnings per share is highly dispersed in comparison to net profit after tax as well as core capital ratio than bank capital. There is high degree of positive relationship in between net profit after tax and deposit. Low degree of positive relation in NPAT and core capital ratio and moderate degree of positive relation in NPAT and Bank capital. Low degree of positive relation of EPS with deposit and low degree of inverse relation of EPS with core capital. Core capital ratio, bank capital, and deposit positive effects for increasing NPAT. Out of its, deposit highly effect. Deposit positive effects for increase on EPS. High contribution of deposit and core capital to increase net profit. The results of this study have relevance and probable generalizability about the impact of capital adequacy ratio and deposit to increase financial performance of commercial banks in Nepal. Keywords: NPAT, EPS, Capital, Deposit, Commercial banks

Environmental Perpetuity Cost and Earning Yields of Oil and Gas Marketing Firms: Nigeria’s experience

The study examined the environmental perpetuity cost and earning yields of oil and gas marketing firms: Nigeria’s experience. Its main objective was: to specifically examine the extent to which environmental perpetuity costs influence earning yields of oil and gas marketing firms taking evidence from Nigeria. To achieve the objective, an ex-post facto design was employed and relevant data were obtained from secondary source. Multiple regression analytical tool was used to analyse the data in order to verify the hypotheses formulated for the study. The findings indicated that donations as a perpetuity cost positively influences earning yield though the influence is not a very strong one; support/social cost to destitute and less privileged significantly affect earnings per share; support to motherless babies’ homes and others significantly affect earnings per share; and donations/ social cost to nongovernmental organization significantly affect earnings per share. The researchers then recommended that government should encourage listed firms to disclose their donations which will strengthen the earning per share of these firms via increased employee productivity.

Pengaruh return on asset, debt to equity ratio, dan earning per share terhadap harga saham pada sektor consumer goods industry di bursa efek indonesia periode 2015 sampai 2019

This observation is a quantitative observation, which aims to determine the effect of Return on Assets, Debt to Equity, and Earning per Share on stock prices in the consumer industry sector. Financial statement information is taken from the annual financial statements of companies listed on the IDX. The sampling method was taken from the purpose of sampling. The test method uses multiple linear regression tests and classical assumption tests, namely normality test, multicollinearity test, autocorrelation test, heteroscedasticity test, t-test, F test, and coefficient test (R2). The results of this study are: (1) Return on Assets and Earning Per Share have a significant effect on stock prices. (2) Debt to Equity Ratio has no significant effect on stock prices (3) Return on Asset, Debt on Equity Ratio, Earnings per Share have a simultaneous effect on stock prices.

Influence of financial performance on underpricing of shares

Differences in shares prices before being traded on the secondary market caused investors to prefer to buy shares through the initial market at a much lower set price (underpricing of shares The Company wants to signal open information in terms of financial statements to investors by publishing a prospectus financial statement containing the financial performance of the company so that the company can make the right decisions regarding future investments and avoid information asymmetry (Guiness, 1992). This research aims to empirically test independent variables namely financial performance against variable dependent underpricing shares of banking corporations in 2019-2020, both simultaneously and partially. This study sampled as many as 60 banking corporations taken by purposive sampling methods. This study sampled as many as 60 banking corporations taken by purposive sampling methods. This research uses a quantitative approach through multiple regression analysis testing. The researcher found by partially testing that Earnings Per Share (X4), and Price Earning Ratio (X5) variables together influenced on Of Shares underpricing, whereas, the Current Ratio (X1), Return on Equity-ROE (X1), and Return of Assets-ROA (X3) variables had no significant influence on under-pricing of shares.