The Assessment of Investment and Financing Impact on Shareholder Welfare (Comparative Study between Sharia and Non-Sharia Compliant Company Groups in Indonesian Capital Market)

DOI

10.2991/assehr.k.200813.039How to use a DOI?

Keywords

shareholders wealth, investment, financing, sharia-compliant

Abstract

The studies of financial performance have frequently conducted, but the comparison is rarely studied. The objective of this study is to identify the factors that influent shareholder’s wealth. At least, two categories that affect shareholder’s wealth; those are the investment and financing aspects. This study employs the data from the Indonesia Stock Exchange (ISX), especially for sharia and non-sharia manufacturing companies, which is compiled by ISX. The multiple regression is applied to solve the issue in this research. The result of the study has found that in the non-sharia group, the shareholders’ wealth is influenced by investment and financing aspects, whereas in the sharia group the financing aspect is the only aspect that affects the shareholders’ wealth.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Fiesty Utami
AU  - Ruhadi Ruhadi
PY  - 2020
DA  - 2020/08/13
TI  - The Assessment of Investment and Financing Impact on Shareholder Welfare (Comparative Study between Sharia and Non-Sharia Compliant Company Groups in Indonesian Capital Market)
BT  - Proceedings of the First International Conference on Applied Science and Technology (iCAST 2018)
PB  - Atlantis Press
SP  - 175
EP  - 180
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200813.039
DO  - 10.2991/assehr.k.200813.039
ID  - Utami2020
ER  -