INVESTOR’S STOCK SELECTION DECISION: INFLUENCE OF PROFITABILITY, COMPANY SIZE, AND RAROC
This study aims to investigate and analyze the investor’s stock selection decision that are influenced by profitability, company size, and RAROC on the companies listed on the Indonesia Stock Exchange. The sampling method used was purposive sampling. The sample in this study were companies listed on...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Nicolaus Copernicus University in Toruń
2019-09-01
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| Series: | Copernican Journal of Finance & Accounting |
| Subjects: | |
| Online Access: | https://apcz.umk.pl/CJFA/article/view/21484 |
| _version_ | 1797706938735132672 |
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| author | Tigor Sitorus Kendo Yuganda |
| author_facet | Tigor Sitorus Kendo Yuganda |
| author_sort | Tigor Sitorus |
| collection | DOAJ |
| description | This study aims to investigate and analyze the investor’s stock selection decision that are influenced by profitability, company size, and RAROC on the companies listed on the Indonesia Stock Exchange. The sampling method used was purposive sampling. The sample in this study were companies listed on the LQ-45 Index for the period 2015-2017. This study used structural equation model analysis (SEM) with AMOS software version 22.00 against 108 financial report data from 36 companies that were listed in the LQ-45 Index in a row for 3 years as a sample. The results of this study indicate that; 1). Investor’s stock selection decision are influenced positively and significantly by profitability, 2). Investor’s stock selection decision are influenced negatively and not significantly by company size. 3). Investor’s stock selection decision is affected negatively and not significantly by RAROC. |
| first_indexed | 2024-03-12T05:59:43Z |
| format | Article |
| id | doaj.art-9dbcb9f50c0d4e8a9ca5ef1ef739497d |
| institution | Directory Open Access Journal |
| issn | 2300-1240 2300-3065 |
| language | English |
| last_indexed | 2024-03-12T05:59:43Z |
| publishDate | 2019-09-01 |
| publisher | Nicolaus Copernicus University in Toruń |
| record_format | Article |
| series | Copernican Journal of Finance & Accounting |
| spelling | doaj.art-9dbcb9f50c0d4e8a9ca5ef1ef739497d2023-09-03T04:18:04ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652019-09-0182INVESTOR’S STOCK SELECTION DECISION: INFLUENCE OF PROFITABILITY, COMPANY SIZE, AND RAROCTigor Sitorus0Kendo Yuganda1Universitas Bunda MuliaUniversitas Bunda MuliaThis study aims to investigate and analyze the investor’s stock selection decision that are influenced by profitability, company size, and RAROC on the companies listed on the Indonesia Stock Exchange. The sampling method used was purposive sampling. The sample in this study were companies listed on the LQ-45 Index for the period 2015-2017. This study used structural equation model analysis (SEM) with AMOS software version 22.00 against 108 financial report data from 36 companies that were listed in the LQ-45 Index in a row for 3 years as a sample. The results of this study indicate that; 1). Investor’s stock selection decision are influenced positively and significantly by profitability, 2). Investor’s stock selection decision are influenced negatively and not significantly by company size. 3). Investor’s stock selection decision is affected negatively and not significantly by RAROC.https://apcz.umk.pl/CJFA/article/view/21484LQ45stockselectiondecisioninvestorRAROC |
| spellingShingle | Tigor Sitorus Kendo Yuganda INVESTOR’S STOCK SELECTION DECISION: INFLUENCE OF PROFITABILITY, COMPANY SIZE, AND RAROC Copernican Journal of Finance & Accounting LQ45 stock selection decision investor RAROC |
| title | INVESTOR’S STOCK SELECTION DECISION: INFLUENCE OF PROFITABILITY, COMPANY SIZE, AND RAROC |
| title_full | INVESTOR’S STOCK SELECTION DECISION: INFLUENCE OF PROFITABILITY, COMPANY SIZE, AND RAROC |
| title_fullStr | INVESTOR’S STOCK SELECTION DECISION: INFLUENCE OF PROFITABILITY, COMPANY SIZE, AND RAROC |
| title_full_unstemmed | INVESTOR’S STOCK SELECTION DECISION: INFLUENCE OF PROFITABILITY, COMPANY SIZE, AND RAROC |
| title_short | INVESTOR’S STOCK SELECTION DECISION: INFLUENCE OF PROFITABILITY, COMPANY SIZE, AND RAROC |
| title_sort | investor s stock selection decision influence of profitability company size and raroc |
| topic | LQ45 stock selection decision investor RAROC |
| url | https://apcz.umk.pl/CJFA/article/view/21484 |
| work_keys_str_mv | AT tigorsitorus investorsstockselectiondecisioninfluenceofprofitabilitycompanysizeandraroc AT kendoyuganda investorsstockselectiondecisioninfluenceofprofitabilitycompanysizeandraroc |