Research Article
Company Size Moderates the Effect of Financial Performance on Stock Prices on the Indonesia Stock Exchange
@INPROCEEDINGS{10.4108/eai.2-8-2023.2341847, author={Akhyu Mulyani Steelentri and Alni Rahmawati}, title={Company Size Moderates the Effect of Financial Performance on Stock Prices on the Indonesia Stock Exchange}, proceedings={Proceedings of the 1st International Conference on Economics and Business, ICEB 2023, 2-3 August 2023, Padang, Sumatera Barat, Indonesia}, publisher={EAI}, proceedings_a={ICEB}, year={2024}, month={6}, keywords={profitability liquidity company size share price}, doi={10.4108/eai.2-8-2023.2341847} }- Akhyu Mulyani Steelentri
Alni Rahmawati
Year: 2024
Company Size Moderates the Effect of Financial Performance on Stock Prices on the Indonesia Stock Exchange
ICEB
EAI
DOI: 10.4108/eai.2-8-2023.2341847
Abstract
This study aims to analyze the effect of financial performance on stock prices with company size as a moderating variable. The object of this study is a manufacturing company listed on the Indonesia Stock Exchange for the 2017-2020 period with a total sample of 280 data samples using the purposive sampling method. The analysis tool used is MRA (Moderating Regression Analysis) with SPSS 26. Based on the analysis that has been done, it is found that profitability has a significant positive effect on stock prices, liquidity has no effect on stock prices, company size can moderate (strengthen) the effect of profitability on company size, and company size cannot moderate the effect of liquidity on stock prices.
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