THE INFLUENCE OF PROFITABILITY, FINANCIAL PERFORMANCE, AND CSR-D PRACTICES ON STOCK RETURN
Main Article Content
Abstract
This study aims to analyze the impact of Return on Assets (ROA), Earnings per Share (EPS), and Corporate Social Responsibility Disclosure (CSR-D) on the stock returns of banking companies listed on the Indonesia Stock Exchange (IDX) from 2019-2023. The research employs a quantitative approach with multiple linear regression analysis with the help of microsoft excel 2016 and spss version 27. Data were obtained from the annual financial reports of banking companies from 2019 to 2023. The results indicate that ROA significantly influences stock returns, whereas EPS and CSR-D do not show a significant relationship. Therefore, investors may consider profitability aspects when making investment decisions in the banking sector. This research contributes to the understanding of fundamental factors affecting stock returns and serves as a reference for stakeholders in their investment strategies.
Article Details

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.
IJAEB by Graduate Program of Universitas Tarumanagara is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.. Permissions beyond the scope of this license may be available at https://journal.untar.ac.id/index.php/ijaeb
References
Sartika Nawangsari1, Adam Zakaria2, Ati Sumiati3. (2021). pengaruh pengungkapan social responsibility (csr), earning per share (eps), dan debt to equity ratio (der) terhadap return saham pada perusahaan sektor keuangan yang terdaftar di bursa efek indonesia https://doi.org/10.53067/ijebef.v1i2.16
Sri puspa nurhayati, Yusuf Imam, Agus Salin. (2023). The Effect of Inflation and Corporate Social Responsibility CSR) on Return Stocks with Profitability as an Intervening Variable in the Sector Mining Listed on the Indonesia Stock ExchangeDOI: https://doi.org/10.33258/birci.v5i3.6066
Ayundah Riani1, Chajar Matari Fath Mala. (2024). The Influence ofROA, ROE, NPM, and GPMon Stock Returns of Technology Companies Listed on the Indonesian Stock Exchange. https://doi.org/10.58812/esssh.v1i03.272
Diki Prianda, Eka Nurmala Sari, Muis Fauzi Rambe. (2022). The Effect of Return on Asset (ROA), Current Ratio (CR) and Debt to Equity Ratio (DER) on Stock Prices With Dividend Policy as an Intervening Variable https://doi.org/10.30596/ijbe.v3i2.752
Dyatari utami. (2022). The Effect of Financial Performance on share prices with Earnings Per Share as a Moderation Variable. https://doi.org/10.55227/ijhess.v1i4.105
Fatmawati suketi, Anindya p.r.z, Alwiyah. (2024). CSR, PROFITABILITY, AND STOCK RETURN: THE ROLE OF FIRM SIZE AS A MODERATOR (EVIDENCE IN INDONESIA). https://doi.org/10.35741/issn.0258-2724.59.3.14
Stephen Harlan dan Henryanto Wijaya. (2022). Pengaruh ROA, ROE, EPS, & PBV terhadap Stock Price dan Stock Return. https://doi.org/10.24912/je.v27i03.873
Nasrallah1 Abdul Khaliq2 Sultan Sarda3 Aulia4 Hamza Dwi julianto. (2022). The Effects of Financial Performance on Stock Returns in Manufacturing Companies listed on the IDX for the 2018-2022 Period. https://doi.org/10.26618/profitability.v7i2.11950
Febriana Nalurita (2017). THE EFFECT OF PROFITABILITY RATIO, SOLVABILITY RATIO, MARKET RATIO ON STOCK RETURN https://doi.org/10.25105/ber.v15i1.2080
Ferry Ardiansyah, Hermanto Siregar, Dedi Budiman Hakim, Mulya Siregar. (2020). DETERMINANTS AFFECTING PROFITABILITY AND STOCK RETURNS FOR SMALLER BANKS LISTED ON THE INDONESIA STOCK EXCHANGE. https://doi.org/10.17358/jabm.6.3.679
Hananiel Stephen Mangku Budi, Arthik Davianti. (2022).Firms’ Profitability and Stock Returns: Does it Always Affect Positively?. https://doi.org/10.23887/ijssb.v6i1.41927
RUTJI SATWIKO, VLADIMIR AGUSTO. (2021).ECONOMIC VALUE ADDED, MARKET VALUE ADDED, DAN KINERJA KEUANGAN TERHADAP RETURN SAHAM https://doi.org/10.34208/mb.v13i1.956
William C Frederick. (1998). Moving to CSR. Business and Society, 37(1), 40–59.
Belcher, W. (2019). Writing your journal article in twelve weeks: A guide to academic publishing success (2nd ed.). University of Chicago Press.