Stock Performance and Analysis of Market Capitalization and Fundamental Factors of Socially Responsible Companies in Indonesia on Stock Return: A Study of SRI KEHATI Index

Kurniawati, Dewi Haerani and Sembel, Roy and Malau, Melinda (2022) Stock Performance and Analysis of Market Capitalization and Fundamental Factors of Socially Responsible Companies in Indonesia on Stock Return: A Study of SRI KEHATI Index. In: 5 th International CEO Communication, Economics, Organization & Social Sciences Congress. NCM Publishing House, pp. 1404-1417. ISBN 978 605 73822 7 6

	Text StockPerformanceandAnalysis.pdf Download (1MB)
	Text (Hasil_Turnitin) HasilTurnitinStockPerformanceandAnalysis.pdf Download (9MB)
	Text (Korespondensi) KorespondensiStockPerformanceandAnalysis.pdf Download (135kB)

Abstract

The COVID-19 pandemic has altered sentiment in the Indonesian capital market, which has affected investors' capacity to identify stocks that can deal with the storm. Socially responsible stocks are more stable than other stocks during the pandemic Covid-19. This study aims to analyze market capitalization and market return with other fundamental factors with Covid-19 as the moderating effect on stock return. A panel regression was used in this study analysis. 302 observations from fifteen companies that are constantly listed in the SRI-KEHATI Index for the Period October 2017 to September 2022 were used in the study as a sample. In this research on stock return, the testing of hypotheses is carried out through the utilization of panel data regression analysis with the assistance of SPSS software. The result stated that the market return, interest rate, and covid-19 had a significant effect on the stock return. This study shows that COVID-19 only moderates the influence of market capitalization, interest rate, and firm size on stock returns. The implication of this study is that the investor who intends to invest in the stock market socially responsible companies should consider the company's market return, and the interest rate in the country to get a better stock return. . Keywords: SRI Kehati, Stock Return, Market Capitalization, Fundamental Factor, Covid-19

Actions (login required)

View Item