(Similarity) The Effect of COVID-19 Pandemic on Stock Return of Kompas 100 Index

Satoto, Eko Budi (2023) (Similarity) The Effect of COVID-19 Pandemic on Stock Return of Kompas 100 Index. International Information And Engineering Technology Association (IIETA).

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Abstract

The COVID-19 pandemic has had a huge impact on all aspects of the company's life cycle. Some companies are even unable to maintain optimal performance like before during the pandemic. Corporate social responsibility activities that are considered to provide good faith to the good name of the company that contribute to increasing stock returns. However, corporate social responsibility activities are maximized because the costs are chosen for activities around the environment carried out by large-scale companies on the Compass Index 100. This study aims to determine the effect of corporate social responsibility and company size on stock returns through Return on Equity in companies listed on Kompas 100 Index after the COVID-19 Pandemic. The population in this study covers all companies that are members of the Kompas 100 Index and are registered with Indonesia Stock Exchange (IDX). The sample method used is purposive sampling. The data analysis technique used is Structural Equation Modeling (SEM) analysis. The results showed that corporate social responsibility and company size affect Return on Equity and stock returns, and Return on Equity affects stock returns. The demand for shares of companies listed on the Kompas 100 Index is classified as the most consistent because it takes into account the company's sustainability in the future by allocating corporate social responsibility costs to build the company's good name. Corporate social responsibility activities are the example of the company's concern for the surrounding environment which aims to be able to increase the company's Return on Equity. In line with the higher level of Return on Equity, the size of the company as measured by total assets has also increased.

Item Type: Peer Review
Uncontrolled Keywords: corporate social responsibility, firm size, return on equity, stock return
Subjects: 600 Technology and Applied Science > 650 Business > 658 General Management
Divisions: Faculty of Economics > Department of Management (S1)
Depositing User: Eko Budi Satoto
Contact Email Address: ekobudisatoto@unmuhjember.ac.id
Date Deposited: 27 Nov 2023 06:43
Last Modified: 27 Nov 2023 06:43
URI: http://repository.unmuhjember.ac.id/id/eprint/20528

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