Proceedings of the 3rd International Conference of Business, Accounting, and Economics, ICBAE 2022, 10-11 August 2022, Purwokerto, Central Java, Indonesia

Research Article

The Effect Of Capital Structure, Company Size, And Profitability On The Price Of Sharia Shares Listed In The Jakarta Islamic Index For The 2015-2019 Period

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  • @INPROCEEDINGS{10.4108/eai.10-8-2022.2320843,
        author={Muthmainah  Qolbiyati and Salamatun  Asakdiyah and Taufik  Hidayat and Aftoni  Sutanto and M. Ali Fikri},
        title={The Effect Of Capital Structure, Company Size, And Profitability On The Price Of Sharia Shares Listed In The Jakarta Islamic Index For The 2015-2019 Period},
        proceedings={Proceedings of the 3rd International Conference of Business, Accounting, and Economics, ICBAE 2022, 10-11 August 2022, Purwokerto, Central Java, Indonesia},
        publisher={EAI},
        proceedings_a={ICBAE},
        year={2022},
        month={8},
        keywords={capital structure company size profitability and sharia stock price},
        doi={10.4108/eai.10-8-2022.2320843}
    }
    
  • Muthmainah Qolbiyati
    Salamatun Asakdiyah
    Taufik Hidayat
    Aftoni Sutanto
    M. Ali Fikri
    Year: 2022
    The Effect Of Capital Structure, Company Size, And Profitability On The Price Of Sharia Shares Listed In The Jakarta Islamic Index For The 2015-2019 Period
    ICBAE
    EAI
    DOI: 10.4108/eai.10-8-2022.2320843
Muthmainah Qolbiyati1,*, Salamatun Asakdiyah1, Taufik Hidayat1, Aftoni Sutanto1, M. Ali Fikri1
  • 1: Ahmad Dahlan University
*Contact email: qolbi.muthmainah@gmail.com

Abstract

This study aims to examine and analyze the effect of capital structure, firm size and profitability partially and simultaneously on Sharia stock prices. The object of research is a company listed on the Jakarta Islamic Index (JII) for the 2015-2019 period. The research method uses quantitative methods with causal research design (causality). The research sample was 12 companies for 4 years of research so that the number of observations in this study in total is 48 observations. The analysis technique in this study uses the IBM SPSS For Windows program with multiple linear regression models. The results showed that capital structure had an insignificant negative effect on Sharia stock prices, firm size had a positive and significant effect on Sharia stock prices, profitability had a positive and significant effect on Sharia stock prices, and jointly capital structure, firm size, and profitability had a significant effect on Shariac stock prices