Research Article
Analysis of Factors Affecting Stocks Holding Period based on Financial Performance
@INPROCEEDINGS{10.4108/eai.27-7-2021.2316862, author={Trisni Suryarini and Badingatus Solikhah and Wijang Sakitri}, title={Analysis of Factors Affecting Stocks Holding Period based on Financial Performance}, proceedings={Proceedings of the 4th International Conference on Economics, Business and Economic Education Science, ICE-BEES 2021, 27-28 July 2021, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICE-BEES}, year={2022}, month={3}, keywords={stocks holding period market value earnings per share dividend payout ratio}, doi={10.4108/eai.27-7-2021.2316862} }- Trisni Suryarini
Badingatus Solikhah
Wijang Sakitri
Year: 2022
Analysis of Factors Affecting Stocks Holding Period based on Financial Performance
ICE-BEES
EAI
DOI: 10.4108/eai.27-7-2021.2316862
Abstract
This research aims to obtain empirical evidence regarding financial performance's role in disseminating components that affect the stock holding period. Companies listed in the LQ-45 index from the 2013 to 2017 period on the Indonesia Stock Exchange were the study samples. The sample selection technique was the purposive sampling method with 12 companies for five-year observation. This study used descriptive analysis methods and multiple linear regression analysis. The results show that the market value and dividend payout ratio significantly positively impact the stock holding period. In contrast, earnings per share do not affect the stock holding period. This study concludes that accounting numbers are still relevant for investors to decide when holding shares.