Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period
<p>This study points to analyze the determinants of stock return revelation in oil and gas mining division companies recorded on the Indonesia Stock Trade-in 2019-2021 amid the Covid 19 emergency. The think about utilized the Eviews Program as information preparing and the irregular impact rel...
Guardado en:
Autores principales: | , , , |
---|---|
Formato: | article |
Lenguaje: | EN |
Publicado: |
EconJournals
2021
|
Materias: | |
Acceso en línea: | https://doaj.org/article/120de8118a57468b9a499e9c1668315d |
Etiquetas: |
Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
id |
oai:doaj.org-article:120de8118a57468b9a499e9c1668315d |
---|---|
record_format |
dspace |
spelling |
oai:doaj.org-article:120de8118a57468b9a499e9c1668315d2021-11-12T07:27:32ZImpact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period2146-4553https://doaj.org/article/120de8118a57468b9a499e9c1668315d2021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11832https://doaj.org/toc/2146-4553<p>This study points to analyze the determinants of stock return revelation in oil and gas mining division companies recorded on the Indonesia Stock Trade-in 2019-2021 amid the Covid 19 emergency. The think about utilized the Eviews Program as information preparing and the irregular impact relapse show was chosen to look at the relationship between outside and inside markers as autonomous factors counting Current Ratio (CR), debt to equity ratio (DER), total asset turnover (TATO), return on assets (ROA), oil price (WTI), an exchange rate (FOREX), institutional ownership (IO). The comes about appeared that the current proportion, obligation to value ratio and add up to resource turnover did not influence stock returns. Return on resources, exchange rates, and institutional ownership have a negative and significant impact on stock returns, while oil prices have a positive and widespread effect on stock returns.</p><p><strong>Keywords: </strong>Oil Price, Stock Return, Probability, Institutional Ownership, Covid-19</p><p><strong>JEL Classifications: </strong>E22, E44, G11, O42, Q47</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11832">https://doi.org/10.32479/ijeep.11832</a></p>Supriyanto SupriyantoMohammad Benny AlexandriNenden KostiniRatna Meisa DaiEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 471-478 (2021) |
institution |
DOAJ |
collection |
DOAJ |
language |
EN |
topic |
Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 |
spellingShingle |
Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 Supriyanto Supriyanto Mohammad Benny Alexandri Nenden Kostini Ratna Meisa Dai Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period |
description |
<p>This study points to analyze the determinants of stock return revelation in oil and gas mining division companies recorded on the Indonesia Stock Trade-in 2019-2021 amid the Covid 19 emergency. The think about utilized the Eviews Program as information preparing and the irregular impact relapse show was chosen to look at the relationship between outside and inside markers as autonomous factors counting Current Ratio (CR), debt to equity ratio (DER), total asset turnover (TATO), return on assets (ROA), oil price (WTI), an exchange rate (FOREX), institutional ownership (IO). The comes about appeared that the current proportion, obligation to value ratio and add up to resource turnover did not influence stock returns. Return on resources, exchange rates, and institutional ownership have a negative and significant impact on stock returns, while oil prices have a positive and widespread effect on stock returns.</p><p><strong>Keywords: </strong>Oil Price, Stock Return, Probability, Institutional Ownership, Covid-19</p><p><strong>JEL Classifications: </strong>E22, E44, G11, O42, Q47</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11832">https://doi.org/10.32479/ijeep.11832</a></p> |
format |
article |
author |
Supriyanto Supriyanto Mohammad Benny Alexandri Nenden Kostini Ratna Meisa Dai |
author_facet |
Supriyanto Supriyanto Mohammad Benny Alexandri Nenden Kostini Ratna Meisa Dai |
author_sort |
Supriyanto Supriyanto |
title |
Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period |
title_short |
Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period |
title_full |
Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period |
title_fullStr |
Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period |
title_full_unstemmed |
Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period |
title_sort |
impact of oil prices and stock returns: evidence of oil and gas mining companies in indonesia during the covid-19 period |
publisher |
EconJournals |
publishDate |
2021 |
url |
https://doaj.org/article/120de8118a57468b9a499e9c1668315d |
work_keys_str_mv |
AT supriyantosupriyanto impactofoilpricesandstockreturnsevidenceofoilandgasminingcompaniesinindonesiaduringthecovid19period AT mohammadbennyalexandri impactofoilpricesandstockreturnsevidenceofoilandgasminingcompaniesinindonesiaduringthecovid19period AT nendenkostini impactofoilpricesandstockreturnsevidenceofoilandgasminingcompaniesinindonesiaduringthecovid19period AT ratnameisadai impactofoilpricesandstockreturnsevidenceofoilandgasminingcompaniesinindonesiaduringthecovid19period |
_version_ |
1718431093514829824 |