Claim Missing Document
Check
Articles

Found 1 Documents
Search

The Influence of Capital Expenditure, Nickel Exports, Nickel Prices, and Return on Equity on Stock Prices of Nickel Mining Companies in Indonesia Lesmana, Angga Setia; Defung, F; Jamaluddin, Jamaluddin
Formosa Journal of Multidisciplinary Research Vol. 3 No. 10 (2024): October 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjmr.v3i10.11626

Abstract

This research aims to investigate the effect of Capital Expenditure, Nickel Exports, Nickel Prices, and Return on Equity on Stock Prices of Nickel Mining Companies in Indonesia during the period of 2014-2023. The research design uses a causal approach. The population of this study is nickel mining companies in Indonesia that are registered by the Indonesia Stock Exchange throughout the research period, 2014-2023, with the total population of 8 companies. This study uses saturation sampling method. There are 8 companies as samples of this study, resulting in 66 financial report data. The data is analyzed using the multiple regression. The research findings indicate that capital expenditure has a significant and positive effect on the stock price of nickel mining companies (Significance value is 0.000 <α = 0.05). Nickel exports do not affect the stock price of nickel mining companies (Significance value is 0.064 > α = 0.05). Nickel prices do not affect the stock price of nickel mining companies (Significance value is 0.311 > α = 0.05). Return on Equity has a significant and positive effect on the stock price of nickel mining companies (Significance value is 0.015 <α = 0.05).