The Effect of Asset Structure, Growth Opportunity, and Sustainability Report on Stock Price

Rendy Rafael Sengkey; Hendrik Gamaliel; Meily Yoke Betsy  Kalalo

doi:10.55927/eajmr.v4i4.94

Authors

Rendy Rafael Sengkey Sam Ratulangi University
Hendrik Gamaliel Sam Ratulangi University
Meily Yoke Betsy Kalalo Sam Ratulangi University

DOI:

https://doi.org/10.55927/eajmr.v4i4.94

Keywords:

Asset Structure, Growth Opportunity, Sustainability Report, Stock Price

Abstract

This study examines the effect of asset structure, growth opportunity, and sustainability report on stock price in food and beverage companies listed on the Indonesia Stock Exchange from 2021 to 2023. Asset structure is measured by the Fixed Assets Ratio (FAR), growth opportunity by the Price-to-Earnings Ratio (PER), and sustainability report by the Sustainability Reporting Index (SRI), while stock price is based on the end-of-year closing price. A quantitative approach with purposive sampling resulted in 44 sample companies. Multiple linear regression analysis was conducted using IBM SPSS Statistics. The results show that asset structure negatively affects stock price, while sustainability report has a positive effect. Growth opportunity has no effect. Simultaneous analysis confirms that all three variables significantly affect stock price.

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