High Debt Hurts Construction Company Stock Returns, Profit Margin Key.
The research analyzed how different factors like debt, profitability, and asset turnover affect the return of shares in construction companies on the Indonesia Stock Exchange from 2011 to 2018. They found that high debt levels negatively impact stock returns, while high profit margins positively influence them. The study did not find a significant effect of asset turnover or return on assets on stock returns.