The Influence of Profıtabılıty and Debt Ratıo Toward the Value of Stock Medıated by the Issuer’s Actıon (Empirical Study on Fishery Companies listed on the Indonesia Stock Exchange period 2008 – 2014)

Sitorus, Tigor

doi:10.21776/ub.apmba.2016.004.03.1

Cited by 4 publications

(5 citation statements)

References 3 publications

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“…The results of this study are in line with previous research by Zulia Hanum (2009) which showed that profitability has a significant influence on the movement of share value. This evidence is also supported by Yang, Lee, Gu and Lee (2010) and Sitorus (2016) who shared the same idea.…”

Section: Discussionsupporting

confidence: 66%

“…The results of this study can hopefully contribute to form an academic advice that can fill the gap in previous research about the relationship between asset variable and share value conducted by Ghauri (2014) and Ruslinda (2013) and between profitability and share value conducted by Sitorus (2016) and Yang et. al (2010), as well as show that liquid asset can act as a mediating variable.…”

Section: Discussionmentioning

confidence: 70%

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The Influence of Asset and Profitability Toward Share Value: Mediation Effect of Liquid Asset

Sitorus

Denny

2018

CJFA

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The purpose of this research is to extend the relationship between asset and profitability with share value and this study also aims to find out the factors that influence of the value of share and propose the Liquid Asset as the intervening variable for filling the gap of prior research within the mining sector listed on the Indonesian Stock Exchange from the period of 2010 to 2014. This research used quantitative approach with a descriptive method by using secondary data in the form of financial report of the mining sector. The population in this study is all mining sector companies listed on the Indonesian Stock Exchange. The sample was taken using purposive sampling method and obtained 20 companies that met the criteria of sampling, while the observational data that could be collected was 100 within 2010-2014 (5 years). This research used the data analysis method of Structural Equation Modelling path. The results of this stu-Tigor Sitorus, Denny 86 dy prove that all hypotheses are accepted, so it can be concluded that the result evidently shows that the Liquid Asset is able to mediate the influence of asset and profitability toward value of share.

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Section: Discussionsupporting

confidence: 66%

Section: Discussionmentioning

confidence: 70%

The Influence of Asset and Profitability Toward Share Value: Mediation Effect of Liquid Asset

Sitorus

Denny

2018

CJFA

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“…The outcomes of this reading add to academic form of recommendation that may fill the gap present in past investigation about impact of Liquidity and effect of Profitability toward Share cost directed Sitorus (2016), that by adding variable Hedging as a mediator variable made coefficient value to be stronger as compared to the coefficient value of direct impact of liquidity on price of share. The results of current research make significant addition to share price growth that can be increased by enhancing profitability and liquidity at same time.…”

Section: Theoretical Implicationsmentioning

confidence: 80%

The Influence of Liquidity and Profitability Toward Share Price: Mediated Effect of Hedging (Evidences From Shares of Lq-45 Listed in Indonesian Stock Exchange for Period of 2011 to 2015)

Sitorus

Pardede

Ardi

2019

HSSR

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Purpose: This study aims at investigating and testing the mediated effect of Hedging on the effect of profitability and liquidity toward share price at shares of LQ-45, listed in Indonesian Stock Exchange from2011 to 2015. The current research was conducted because the phenomenon and the fluctuations in price of shares were unavoidable. Methodology: The Structural Equation Modelling (SEM) by Amos was used to analyze the 110 observations of data. Main Findings: The result of analysis shows that; (1) the liquidity gives not significantly negative influence to share price, (2) the liquidity gives significantly negative influence to hedging, (3) the profitability gives significantly positive influence to share price, (4) the profitability gives significantly negative influence to hedging, (5). Hedging gives significantly positive influence to share price. Implications/Applications: The present study provides new evidence that the mediated effect of Hedging on the influence of liquidity and profitability toward share price has more strength compared to the direct influence of liquidity but not for profitability.

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“…Some firms have high return on equity on other hand some firms have low return on equity. Therefore, it is compulsory to calculate return on equity of all firms within same industry (Sitorus & Tigor, 2016).…”

Section: 𝑅𝑜𝐴 = (𝑁𝑒𝑡 𝐼𝑛𝑐𝑜𝑚𝑒)/(𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡)mentioning

confidence: 99%

Impact of Asset Growth and Equity Multiplier on the Financial Performance of Microfinance Banks of Pakistan

Nemati

Javed

Sidiqui

2021

IJMRES

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Microfinance is the provision of a comprehensive range of financial facilities such as loans, deposited, money transfers, payment services and insurance to low-income households and their micro enterprises, due to limited literature on evaluating the financial performance of microfinance banks. The objective of this paper to investigates the relationship between asset growth and equity multiplier on the financial performance of microfinance banks of Pakistan. Study considers two variables, which relate to the profitability (a dependent factor): ROA and ROE. The independent factor on the other hand, AG, and EM. For this purpose, total 9 microfinance banks of Pakistan are engaged with 10- year financial data from 2010-2019 that are comes under the supervisions of State bank of Pakistan. E-views software is used to revealed result by analysis different tests including the descriptive analysis, correlation analysis and panel square regression method with. Some authors suggest that asset growth and equity multiplier have positive impact on financial performance of banks, while some authors suggests that asset growth and equity multiplier have its negative impact on the financial performance of banks. This study suggest that asset growth has its significant positive relationship with return on asset and return on equity, while equity multiplier has its significant negative relationship with return on asset and return on equity, finally based on results we conducted that asset growth has its significant positive relationship on financial performance and equity multiplier has negative relationship on the financial performance of microfinance banks of Pakistan. The study is equally beneficial and useful for the future researchers and for the microfinance banks of Pakistan to improve their profitability by reducing the equity and increasing asset growth.

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The Influence of Profıtabılıty and Debt Ratıo Toward the Value of Stock Medıated by the Issuer’s Actıon (Empirical Study on Fishery Companies listed on the Indonesia Stock Exchange period 2008 – 2014)

Cited by 4 publications

References 3 publications

The Influence of Asset and Profitability Toward Share Value: Mediation Effect of Liquid Asset

The Influence of Asset and Profitability Toward Share Value: Mediation Effect of Liquid Asset

The Influence of Liquidity and Profitability Toward Share Price: Mediated Effect of Hedging (Evidences From Shares of Lq-45 Listed in Indonesian Stock Exchange for Period of 2011 to 2015)

Impact of Asset Growth and Equity Multiplier on the Financial Performance of Microfinance Banks of Pakistan

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