Proceedings of the 2019 International Conference on Organizational Innovation (ICOI 2019)

An Indication of Window Dressing to Increase Stock Prices in Commercial Banking Companies in Indonesia

Authors
Namira Ufrida Rahmi, Arie Pratania Putri, Mesrawati
Corresponding Author
Namira Ufrida Rahmi
Available Online October 2019.
DOI
10.2991/icoi-19.2019.2How to use a DOI?
Keywords
Window dressing, Stock prices, Banking
Abstract

This study aims to analyze an indication of window dressing performed by commercial banking companies listed on the Indonesian stock exchange from 2016 to 2018 as an effort to increase the company’s stock price. Window dressing practices have become common in stock investments and mutual funds. LRRR, LDR, Leverage, and Company Size variables are indications of whether the company performs window dressing. Window dressing in this study was measured by the downward and upward methods of the third party fund values. The research method used SmartPLS analysis tool for 41 banking companies with a total number of 123 as the sample data. The study results indicated that LRRR, LRD, DAR, and company size variables did not affect downward window dressing. LRRR, DAR, and company size variables did not affect upward window dressing, but the LDR variable had a negative effect on upward window dressing. The results also showed that window dressing did not affect the stock prices of banking companies

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2019 International Conference on Organizational Innovation (ICOI 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
October 2019
ISBN
10.2991/icoi-19.2019.2
ISSN
2352-5428
DOI
10.2991/icoi-19.2019.2How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Namira Ufrida Rahmi
AU  - Arie Pratania Putri
AU  - Mesrawati
PY  - 2019/10
DA  - 2019/10
TI  - An Indication of Window Dressing to Increase Stock Prices in Commercial Banking Companies in Indonesia
BT  - Proceedings of the 2019 International Conference on Organizational Innovation (ICOI 2019)
PB  - Atlantis Press
SP  - 6
EP  - 9
SN  - 2352-5428
UR  - https://doi.org/10.2991/icoi-19.2019.2
DO  - 10.2991/icoi-19.2019.2
ID  - Rahmi2019/10
ER  -