Proceedings of the 8th International Research Conference on Economic and Business (IRCEB 2024)

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Uncovering the Role of Information Technology Investments in Stabilizing Stock Prices: A Case Study on the Financial Performance of Companies in the Financial Sector

Authors
Namira Lia Qanitah1, Yuli Agustina1, *
1Universitas Negeri Malang, Malang, East Java, Indonesia
*Corresponding author. Email: yuli.agustina.fe@um.ac.id
Corresponding Author
Yuli Agustina
Available Online 21 May 2025.
DOI
10.2991/978-94-6463-722-9_21How to use a DOI?
Keywords
Financial Performance; Stock Prices; Information Technology Investments
Abstract

The research study examines the connection between stock prices and financial performance, with information technology (IT) investments as a moderating variable. The sample consists of 41 financial sector companies listed on the Indonesia Stock Exchange between 2019 and 2022. The data analyzed includes stock prices and financial reports, employing the partial least square (PLS) method using SmartPLS 4.0 software. The findings reveal that the current ratio, debt-to-asset ratio, and return on assets do not significantly affect the price of stocks, whereas return on equity has a significant impact. Furthermore, IT investments moderate the effect of the debt-to-asset ratio on stock prices.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 8th International Research Conference on Economic and Business (IRCEB 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
21 May 2025
ISBN
978-94-6463-722-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-722-9_21How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Namira Lia Qanitah
AU  - Yuli Agustina
PY  - 2025
DA  - 2025/05/21
TI  - Uncovering the Role of Information Technology Investments in Stabilizing Stock Prices: A Case Study on the Financial Performance of Companies in the Financial Sector
BT  - Proceedings of the  8th International Research Conference on Economic and Business (IRCEB 2024)
PB  - Atlantis Press
SP  - 239
EP  - 259
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-722-9_21
DO  - 10.2991/978-94-6463-722-9_21
ID  - Qanitah2025
ER  -