THE EFFECT OF FINANCIAL DISTRESS PROBABILITY, FIRM SIZE AND LIQUIDITY ON STOCK RETURN OF ENERGY USERS COMPANIES IN INDONESIA

نویسندگان

چکیده

Stock return can be one of the representations a company’s performance in investment. This study aims at investigating factors determining stock largest users energy production oil, gas and coal classified manufacturing companies Indonesia’s Exchange for period 2016-2018. It involved 134 classifies as entries IDX that were used target population all selected sample this study. Financial distress probability, firm size, liquidity price to cash flow from operating activities ratio become independent variables. The result multiple linear regression indicated financial probability influence significantly on alpha five percent user companies. implies must continually maintain their health also invest idle order generate return. Keywords: liquidity, JEL Classifications: G32, L60, O16 DOI: https://doi.org/10.32479/ijeep.10677

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ژورنال

عنوان ژورنال: International Journal of Energy Economics and Policy

سال: 2021

ISSN: ['2146-4553']

DOI: https://doi.org/10.32479/ijeep.10677