A Study On Internal And External Factors Influencing Manufacturing Company Share Price
The Intention of the study is to discover academic proof associated with the role of internal factors such as Profitability, financial Leverage, and market value in driving a company's stock price. At the same time, this study wanted to evaluate the position of external factors, namely interest...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Tarumanagara
2023-10-01
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| Series: | Jurnal Manajemen |
| Subjects: | |
| Online Access: | https://ecojoin.org/index.php/EJM/article/view/1357 |
| _version_ | 1797664630785441792 |
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| author | Richie Alessandro Piero Khairina Natsir |
| author_facet | Richie Alessandro Piero Khairina Natsir |
| author_sort | Richie Alessandro Piero |
| collection | DOAJ |
| description | The Intention of the study is to discover academic proof associated with the role of internal factors such as Profitability, financial Leverage, and market value in driving a company's stock price. At the same time, this study wanted to evaluate the position of external factors, namely interest rates on stock price movements. The research population are companies in the manufacturing industry group, Indonesia Stock Exchange. By using a purposive-sampling its obtained a total of 280 company data from 56 manufacturing companies in the 2017 to 2021 time period. Data was analized using fixed effect regression model. The finding of the study show that Profitability is able to bring positive and significant movement to stock prices, financial leverageehas a positive anddinsignificant impact on stock prices, while market value has a negative and significant” influence on stock prices, while interest rates significantly move stock prices in the opposite direction. |
| first_indexed | 2024-03-11T19:33:01Z |
| format | Article |
| id | doaj.art-c1b7b1874b2f431da301a105cd737041 |
| institution | Directory Open Access Journal |
| issn | 1410-3583 |
| language | English |
| last_indexed | 2024-03-11T19:33:01Z |
| publishDate | 2023-10-01 |
| publisher | Universitas Tarumanagara |
| record_format | Article |
| series | Jurnal Manajemen |
| spelling | doaj.art-c1b7b1874b2f431da301a105cd7370412023-10-06T13:16:08ZengUniversitas TarumanagaraJurnal Manajemen1410-35832023-10-0127359461110.24912/jm.v27i3.13571341A Study On Internal And External Factors Influencing Manufacturing Company Share PriceRichie Alessandro Piero0Khairina Natsir1Faculty of Economics and Business, Tarumanagara University, JakartaFaculty of Economics and Business, Tarumanagara University, JakartaThe Intention of the study is to discover academic proof associated with the role of internal factors such as Profitability, financial Leverage, and market value in driving a company's stock price. At the same time, this study wanted to evaluate the position of external factors, namely interest rates on stock price movements. The research population are companies in the manufacturing industry group, Indonesia Stock Exchange. By using a purposive-sampling its obtained a total of 280 company data from 56 manufacturing companies in the 2017 to 2021 time period. Data was analized using fixed effect regression model. The finding of the study show that Profitability is able to bring positive and significant movement to stock prices, financial leverageehas a positive anddinsignificant impact on stock prices, while market value has a negative and significant” influence on stock prices, while interest rates significantly move stock prices in the opposite direction.https://ecojoin.org/index.php/EJM/article/view/1357stock prices; profitability; financial leverage; market value; interest rates. |
| spellingShingle | Richie Alessandro Piero Khairina Natsir A Study On Internal And External Factors Influencing Manufacturing Company Share Price Jurnal Manajemen stock prices; profitability; financial leverage; market value; interest rates. |
| title | A Study On Internal And External Factors Influencing Manufacturing Company Share Price |
| title_full | A Study On Internal And External Factors Influencing Manufacturing Company Share Price |
| title_fullStr | A Study On Internal And External Factors Influencing Manufacturing Company Share Price |
| title_full_unstemmed | A Study On Internal And External Factors Influencing Manufacturing Company Share Price |
| title_short | A Study On Internal And External Factors Influencing Manufacturing Company Share Price |
| title_sort | study on internal and external factors influencing manufacturing company share price |
| topic | stock prices; profitability; financial leverage; market value; interest rates. |
| url | https://ecojoin.org/index.php/EJM/article/view/1357 |
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