Boosting Stock Returns in Coal Mining: Key Strategies Revealed
Abstract
The aim of this study is to investigate the strategies that coal subsector mining companies listed on the Indonesia Stock Exchange use to increase their stock returns during the period of 2014-2018.The data was obtained through purposive sampling technique, and multiple linear regression analysis was used for the analysis.The results indicate that to increase stock returns, the management of these companies needs to focus on strengthening the Economic Value Added, maintaining a favorable dividend policy, and reducing Market Value Added.However, it was found that Operating Leverage did not have a significant positive effect on stock returns.These findings provide valuable insights for management to make informed decisions in their pursuit of increasing stock returns, and can be useful for investors in evaluating the performance of coal subsector mining companies.