SURVIVAL ANALYSIS OF DELISTED INDONESIAN COMPANIES
Dublin Core
Title
SURVIVAL ANALYSIS OF DELISTED INDONESIAN COMPANIES
Subject
delisting, financial
ratio, IDX, survival analysis.
ratio, IDX, survival analysis.
Description
The research purposes are to study the correlation
between selected financial components and stock price. The
analysis was done by calculating the correlation between financial
components with stock price using 10-years period data.The
results show there are six classes of companies according to
correlation analysis: significant with EBIT, significant with
dividend, significant with RE, significant with DER, multi
significant, and insignificant. The most substantial component is
the debt to equity ratio. Recommendation for investors is to
understand the industry and aware of companies' activities before
investing. Investing in sustainable companies leads to stable
capital gain while for risk-taker investors, investing in other
companies should be based on the projects handled by the
company. For companies, they should have focused on the factors
that correlate with their stock price
between selected financial components and stock price. The
analysis was done by calculating the correlation between financial
components with stock price using 10-years period data.The
results show there are six classes of companies according to
correlation analysis: significant with EBIT, significant with
dividend, significant with RE, significant with DER, multi
significant, and insignificant. The most substantial component is
the debt to equity ratio. Recommendation for investors is to
understand the industry and aware of companies' activities before
investing. Investing in sustainable companies leads to stable
capital gain while for risk-taker investors, investing in other
companies should be based on the projects handled by the
company. For companies, they should have focused on the factors
that correlate with their stock price
Creator
Lincoln Ramdhani
Parmonangan1
, Raden
Aswin Rahadi
Parmonangan1
, Raden
Aswin Rahadi
Source
https://journals.telkomuniversity.ac.id/jaf/issue/view/179
Publisher
School of Business and
Management, Institut
Teknologi Bandung,
Indonesia
Management, Institut
Teknologi Bandung,
Indonesia
Date
Maret 2020
Contributor
Fajar Bagus W
Format
PDF
Language
English
Type
Text
Files
Collection
Citation
Lincoln Ramdhani
Parmonangan1
, Raden
Aswin Rahadi, “SURVIVAL ANALYSIS OF DELISTED INDONESIAN COMPANIES,” Repository Horizon University Indonesia, accessed October 31, 2025, https://repository.horizon.ac.id/items/show/5077.