International Journal of Accounting & Finance in Asia Pasific
Vol 3, No 1 (2020): International Journal of Accounting & Finance in Asia Pasific (IJAFAP) February

The Effects of Profitabilitas and Activity Ratio Toward Firms Value With Stock Price as Intervening Variables

I Gusti Ngurah Bagus Gunadi (Mahasaraswati Denpasar University)
I Gede Cahyadi Putra (Mahasaraswati Denpasar University)
Ida Ayu Nyoman Yuliastuti (Mahasaraswati Denpasar University)

Article Info

Publish Date
29 Feb 2020

Abstract

The purpose of this paper is to discuss the effect profitability ratios and activities on firms’ value with stock prices as intervening variable. The study was conducted for 10 years on 39 property, real estate and building construction companies listed on the Indonesia Stock Exchange. The results showed profitability and activity had a positive effect on stock prices, but did not affect the value of the company. Stock prices are able to mediate the effect of profitability and activity on firm value. The research implications show that the higher profitability and activity ratios cause stock prices to rise and result in an increase in the value of the company.

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Journal Info
International Journal of Accounting & Finance in Asia Pasific
Website

Abbrev

IJAFAP

Publisher

AIBPM Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

IJAFAP aims to feature narrative, theoretical, and empirical-based research articles within the abovementioned fields. The journal welcomes articles relating to the current issues of financial decision making as well as its impact on society. IJAFAP carries out the mission to feature narrative, ...