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The impact of intangibles, asset turnover and capital structure on firms' stock returns: evidence from Indonesia's consumer goods

This paper serves as an endeavor to profoundly delve into the analysis of facets pertinent to assets management and investment, highlighting the empirical evidence on the correlation of capital structure, asset turnover and intangible assets to stock returns. Panel data Analysis is conducted using a sample of 31 companies in the consumer goods industry, listed on Indonesia’s Stock Exchange for the years of 2013 to 2019. From the statistical data results, it can be extrapolated that the significance of facets encompassing assets is true to some extent. Capital structure and asset turnover is proven to have a level of significance towards the dependent variable with negative and positive relationship respectively. Intangibles, on the other hand, is proven to have no significant effect on stock returns.

Creator(s)
  • (D12170064) JEHIZKIAH GIOVANNI
Contributor(s)
  • Josua Tarigan → Advisor and Examination Committee
  • Saarce Elsye Hatane → Examination Committee 1
  • Foedjiawati → Examination Committee 2
Publisher
Universitas Kristen Petra; 2021
Language
English
Category
s1 – Undergraduate Thesis
Sub Category
Skripsi/Undergraduate Thesis
Source
Skripsi No. 32011624/AKT/2021; Jehizkiah Giovanni (D12170064)
Subject(s)
  • CONSUMER GOODS
  • CORPORATE PROFITS
File(s)

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