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The Effect of Financial Performance on The Share Price of The Indonesian Sharia Stock Index 2019 - 2024

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"The purpose of this research was to determine the return on capital,
company growth, company size, and profitability on firm value. The
quantitative method used meets the principles of systematicity,
rationality, and scientific objectivity. This study makes it easier for
investors to evaluate a Sharia company in Indonesia. Annual financial
statements and stock price data are the secondary data used. Statistical
software is used to perform multiple linear regression analysis. Data
analysis uses multiple regression test analysis tools. This study selected
20 Islamic companies with the largest market capitalization among other
companies listed on the Indonesian Sharia Stock Index (ISSI), as shown
in the ISSI data in 2025. This research is based on the assumption that
companies with large market capitalization have a significant influence
on market dynamics and provide a more accurate picture of the
relationship between Islamic and conventional businesses. Financial
ratios such as Return on Assets (ROA), Return on Equity (ROE), Debt
to Equity Ratio (DER), and Current Ratio (CR) are the independent
variables in this study, and the annual stock price of each company is the
dependent variable. The results show that ROA and DER greatly affect
stock prices. The results show that investors in the stock market are
more willing to invest."

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Availability

Detail Information

Series Title

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Call Number

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Publisher

Bogor : Airlangga Journal of Innovation Management., 2025

Collation

261-279

Language

Indonesia

ISBN/ISSN

NIM.2110102008

Classification

NONE

Content Type

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Media Type

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Carrier Type

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Edition

Vol. 06 No. 02 (2025)

Subject(s)

Return on Capital
Indonesian Sharia

Specific Detail Info

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Statement of Responsibility

Keenan Muhammad Razak ; Rahma,Wijayanti

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