Titin Hartini, M. Anas, Andi Primafira Bumandava Eka, Jamaluddin Majid, Hari Setia Putra, Nasrullah Djamil
The manufacturing sector plays a crucial role in driving economic growth and development in Indonesia. This study investigates the influence of fundamental factors, namely Return on Assets (ROA), Debt to Equity Ratio (DER), and Return on Equity (ROE), as well as systemic risk, on the share prices of manufacturing companies listed on the Indonesian Stock Exchange (IDX) during the period of 2019-2021. Employing a quantitative approach and multiple linear regression analysis, the research examines data from five manufacturing companies over the specified timeframe. The findings reveal a positive and significant relationship between ROA and share prices, as well as between ROE and share prices. However, no significant associations were found between DER, systemic risk, and share prices. The study emphasizes the importance of well-defined communication protocols, with 82.30% of respondents highlighting their significance. Additionally, the use of visual aids (46.40%), contract templates, and alternative dispute resolution mechanisms are identified as effective strategies for enhancing communication and mitigating conflicts. By identifying key factors influencing share prices and proposing mitigation strategies, this research provides valuable insights for investors, policymakers, and stakeholders in the Indonesian manufacturing sector. © 2024, Success Culture Press. All rights reserved.
Universitas Islam Negeri Raden Fatah Palembang, Indonesia; Universitas Nusantara PGRI Kediri, Indonesia; STIE Manajemen Bisnis, Indonesia; Universitas Islam Negeri Alauddin Makassar, Indonesia; Faculty Of Economics and Business, Universitas Negeri Padang, Indonesia; Fakultas Ekonomi dan Ilmu Sosial, Universitas Islam Negeri Sultan Syarif Kasim Riau, Indonesia
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