The impacts of earnings volatility, net income and comprehensive income on share Price: Evidence from Indonesia Stock Exchange

Autor: Gazali Gazali, Hadi Susanto, Nabilah Aliyyah, Nawang Kalbuana, Rusdiyanto Rusdiyanto, Zainurrafiqi Zainurrafiqi, Indra Prasetyo, Trisa Indrawati, Arif Syafi'ur Rochman, Heru Tjaraka
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: Accounting, Pp 1009-1116 (2021)
Popis: This study aims to estimate and predict the effect of stock prices on profit volatility, net profit, and comprehensive income on the Indonesia Stock Exchange for the period 2014-2019. The study uses quantitative analysis with secondary data consisting of 98 banking companies on the Indonesia stock exchange from 2014 to 2019. The results prove that the share price has a significant effect on net income and comprehensive income but does not have a significant effect on profit volatility, so that net and comprehensive income has relevance to the share price and investors can make both variables in conducting further fundamental research. Previous studies measured the level of volatility of earnings, net income, and comprehensive income on the share price, but when trialing other approaches by causality, share prices affect net income and comprehensive income but not for profit volatility. In this study, however, the change includes detailed income variables due to Financial Accounting Standard No. 1, a shift in terms from profit and loss statements to systematic profit and loss statements.
Databáze: OpenAIRE