Proceedings of the 19th International Symposium on Management (INSYMA 2022)

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The Effect of Profitability, Liquidity, and Financial Leverage on Stock Prices in Property and Real Estate Companies Listed on the Indonesia Stock Exchange

Authors
S. Royan Sumando1, *, Isfenti Sadalia1, Abdilah Arif Nasution1
1Universitas Sumatera Utara, Medan, Indonesia
*Corresponding author. Email: royan.sumando@gmail.com
Corresponding Author
S. Royan Sumando
Available Online 5 December 2022.
DOI
10.2991/978-94-6463-008-4_24How to use a DOI?
Keywords
Return on Asset; Current Ratio; Debt to Equity Ratio; Stock prices
Abstract

The objectives of this study is to analyze the effect of profitability, liquidity, and financial leverage on the stock prices of property and real estate companies listed on the Indonesia Stock Exchange (IDX). The property and real estate industry growth of a country can be an indicator of its economic growth. This is due to the ability of property and real estate sectors to absorb many workers, and it has a large multiplier effect on other sectors. We used financial and annual reports from 48 property and real estate companies listed on the Indonesia Stock Exchange from 2019 to 2021. This study focused on 15 chosen companies based on the purposive sampling method. The method used was a quantitative description with Multiple Regression Analysis. The results show that all variables simultaneously affect stock prices, nevertheless the profitability or liquidity variables affect stock prices partially.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 19th International Symposium on Management (INSYMA 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
5 December 2022
ISBN
10.2991/978-94-6463-008-4_24
ISSN
2352-5428
DOI
10.2991/978-94-6463-008-4_24How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - S. Royan Sumando
AU  - Isfenti Sadalia
AU  - Abdilah Arif Nasution
PY  - 2022
DA  - 2022/12/05
TI  - The Effect of Profitability, Liquidity, and Financial Leverage on Stock Prices in Property and Real Estate Companies Listed on the Indonesia Stock Exchange
BT  - Proceedings of the 19th International Symposium on Management (INSYMA 2022)
PB  - Atlantis Press
SP  - 179
EP  - 186
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-008-4_24
DO  - 10.2991/978-94-6463-008-4_24
ID  - RoyanSumando2022
ER  -