Does sales growth, asset structure, company size and cash flow stability affect stock prices?
Journal: Management and Entrepreneurship: Trends Of Development (Vol.1, No. 15)Publication Date: 2021-03-20
Authors : Nugi Mohammad Nugraha; Bulan Tati Fitria; Reni Nurlaela; Deden Novan Setiawan Nugraha; Riska Br Torong;
Page : 24-40
Keywords : sales growth; asset structure; company size; cash flow stability; stock price.;
Abstract
This research aims to determine the effect of sales growth variables, asset structure, company size and cash flow stability against stock prices in manufacturing sector companies listed on the Indonesia Stock Exchange for the period 2014-2018. Sales growth variable is measured using sales, asset structure variable is measured using total assets, company size variable is measured using the natural logarithm of total assets and cash flow stability is measured using net income. This research uses secondary data, in the form of financial reports and other related information from the financial industry listed on the Indonesia Stock Exchange for the period 2014-2018. The selection of this study was related to 75 companies in the manufacturing sector, with a sample of 42 companies using purposive sampling method. The data analysis method used is panel data regression analysis (common effect) with a significant level of 0.05. Based on the results the research conducted shows that, partially the sales growth variable has no effect on stock prices, the asset structure variable has no effect on stock prices, the firm size variable has a significant effect on stock prices and the cash flow stability variable has no effect on stock prices.
Other Latest Articles
- Transformation of cashless payments in the European payment card market
- Science Teachers’ Understanding of Higher Order Thinking Skills
- Re-Visiting Rushdie’s Fictional Oeuvre: An Overview of his Experimental Narrative Strategies that have Charmed Readers Worldwide
- The Subaltern and Racism in Toni Morrison’s Jazz: A Study
Last modified: 2021-10-21 02:54:51