Analysis of Net Profit and Car Based on PSAK 71 on Stock Prices in Registered Banking Companies
1Inung Wijayanti, 2Masita Pasca Auliani, 3Rizal Mawardi
1,2,3Faculty of Economics and Business Perbanas Institute
https://doi.org/10.47191/jefms/v5-i2-21ABSTRACT:
This study aims to examine the effect of Net Profit and CAR which is calculated based on the provisions of PSAK 71 which is effective January 1, 2020 on stock prices. The sample of this study consisted of 32 banking companies in 2020 listed on the Indonesia Stock Exchange. Multiple regression analysis was used to test the hypothesis in this study and the sampling technique used was purposive sampling. The test results in this study indicate that net income and CAR based on PSAK 71 simultaneously affect stock prices. NPL (Non-Performing Loan) strengthens the effect of Net Income on Share Prices. NPL also strengthens the effect of CAR on stock prices.
KEYWORDS:
Stock Price, Net Profit, CAR, NPL, Statement of financial accounting standards /PSAK 71
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