Company Profitability Before and After Employee Stock Ownership Program in 2011-2014

DOI

10.2991/icoi-19.2019.97How to use a DOI?

Keywords

Employee Stock Ownership Program, ROA, ROE, NPM

Abstract

This study aims to determine the differences in the company's financial performance before and after the Employee Stock Ownership Program (ESOP). The population in this study are all companies listed on the Indonesia Stock Exchange (IDX) that implement ESOP from 2011-2014. The sample consists of 12 companies. The hypotheses are tested using the Wilcoxon Signed Rank Test. The results of this study indicate that there is no difference of three examined variables, return on assets, return on equity, and net profit margin between before and after the company conducts ESOP.

Copyright

© 2019, 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  - Nurhayati
AU  - Ahmad Maulid Hamdani
AU  - Tatang Ary Gumanti
PY  - 2019/10
DA  - 2019/10
TI  - Company Profitability Before and After Employee Stock Ownership Program in 2011-2014
BT  - Proceedings of the 2019 International Conference on Organizational Innovation (ICOI 2019)
PB  - Atlantis Press
SP  - 553
EP  - 556
SN  - 2352-5428
UR  - https://doi.org/10.2991/icoi-19.2019.97
DO  - 10.2991/icoi-19.2019.97
ID  - 2019/10
ER  -