The effect of liquidity, profitability, sales growth, and dividend policy on stock prices after the implementation of IFRS
The objective of this research is to find out the effect of liquidity (CR), profitability (ROA), sales growth (SG), and dividend policy (DPR) on the stock price after the implementation of IFRS. This is a quantitative research with the samples consisting of 13 companies of the 45 companies listed on...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
STIE Perbanas Surabaya
2015-12-01
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| Series: | Indonesian Accounting Review |
| Subjects: | |
| Online Access: | https://journal.perbanas.ac.id/index.php/tiar/article/view/647 |
| _version_ | 1828846428219244544 |
|---|---|
| author | Dany Pranata Diyah Pujiati |
| author_facet | Dany Pranata Diyah Pujiati |
| author_sort | Dany Pranata |
| collection | DOAJ |
| description | The objective of this research is to find out the effect of liquidity (CR), profitability (ROA), sales growth (SG), and dividend policy (DPR) on the stock price after the implementation of IFRS. This is a quantitative research with the samples consisting of 13 companies of the 45 companies listed on LQ45 in Indonesia Stock Exchange (IDX) during 2011-2013. Totally, there were 39 data collected for the analysis. The sample was determined using purposive sampling method. The data were analyzed by using multiple linear regression analysis. The result provides evidence that lead to a conclu-sion. Therefore, it can be concluded that, partially, the variables of Current Ratio (CR), Return on Assets (ROA), sales growth (SG), and Dividend Payout Ratio (DPR) have an effect on stock prices. In addition, Current Ratio (CR), Return on Assets (ROA), and Dividend Payout Ratio (DPR) simultaneously have a significant effect on stock prices. However, the sales growth (SG) has no significant effect on stock prices. |
| first_indexed | 2024-12-12T21:48:42Z |
| format | Article |
| id | doaj.art-5ce6c794634e4a7fbb6b2557339b589f |
| institution | Directory Open Access Journal |
| issn | 2086-3802 2302-822X |
| language | English |
| last_indexed | 2024-12-12T21:48:42Z |
| publishDate | 2015-12-01 |
| publisher | STIE Perbanas Surabaya |
| record_format | Article |
| series | Indonesian Accounting Review |
| spelling | doaj.art-5ce6c794634e4a7fbb6b2557339b589f2022-12-22T00:10:51ZengSTIE Perbanas SurabayaIndonesian Accounting Review2086-38022302-822X2015-12-0152169178http://dx.doi.org/10.14414/tiar.v5i2.647The effect of liquidity, profitability, sales growth, and dividend policy on stock prices after the implementation of IFRSDany Pranata0Diyah Pujiati1STIE Perbanas SurabayaSTIE Perbanas SurabayaThe objective of this research is to find out the effect of liquidity (CR), profitability (ROA), sales growth (SG), and dividend policy (DPR) on the stock price after the implementation of IFRS. This is a quantitative research with the samples consisting of 13 companies of the 45 companies listed on LQ45 in Indonesia Stock Exchange (IDX) during 2011-2013. Totally, there were 39 data collected for the analysis. The sample was determined using purposive sampling method. The data were analyzed by using multiple linear regression analysis. The result provides evidence that lead to a conclu-sion. Therefore, it can be concluded that, partially, the variables of Current Ratio (CR), Return on Assets (ROA), sales growth (SG), and Dividend Payout Ratio (DPR) have an effect on stock prices. In addition, Current Ratio (CR), Return on Assets (ROA), and Dividend Payout Ratio (DPR) simultaneously have a significant effect on stock prices. However, the sales growth (SG) has no significant effect on stock prices.https://journal.perbanas.ac.id/index.php/tiar/article/view/647current ratio;return on asset;sales growth;dividend payout ratio;and stock prices |
| spellingShingle | Dany Pranata Diyah Pujiati The effect of liquidity, profitability, sales growth, and dividend policy on stock prices after the implementation of IFRS Indonesian Accounting Review current ratio;return on asset;sales growth;dividend payout ratio;and stock prices |
| title | The effect of liquidity, profitability, sales growth, and dividend policy on stock prices after the implementation of IFRS |
| title_full | The effect of liquidity, profitability, sales growth, and dividend policy on stock prices after the implementation of IFRS |
| title_fullStr | The effect of liquidity, profitability, sales growth, and dividend policy on stock prices after the implementation of IFRS |
| title_full_unstemmed | The effect of liquidity, profitability, sales growth, and dividend policy on stock prices after the implementation of IFRS |
| title_short | The effect of liquidity, profitability, sales growth, and dividend policy on stock prices after the implementation of IFRS |
| title_sort | effect of liquidity profitability sales growth and dividend policy on stock prices after the implementation of ifrs |
| topic | current ratio;return on asset;sales growth;dividend payout ratio;and stock prices |
| url | https://journal.perbanas.ac.id/index.php/tiar/article/view/647 |
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