ETIKONOMI
Vol 18, No 1 (2019)

The Determinant of Stock Price: Evidence on Food and Beverage Companies in Indonesia

Indo Yama Nasarudin (Universitas Islam Negeri Syarif Hidayatullah Jakarta)
Suhendra Suhendra (Universitas Islam Negeri Syarif Hidayatullah Jakarta)
Luthfia Farida Anggraini (Universitas Islam Negeri Syarif Hidayatullah Jakarta)



Article Info

Publish Date
17 Apr 2019

Abstract

One aspect that concerns investors in valuing stocks is financial performance. The purpose of this research is to examine the effect of financial performance, firm size, and corporate social responsibility disclosure to the stock price in food and beverage sector companies in Indonesia Stock Exchange. Using a purposive sampling method has done the sample collection method and eleven of eighteen companies, which listed in Indonesia Stock Exchange in the years of 20013-2017, are used as the research samples. The method used in this study was Structural Equation Modeling Partial Least Square (SEM-PLS). The result of the research shows that financial performance, firm size, and corporate social responsibility disclosure affect the stock price. This result implies that the firm should improve the internal factors to increase stock prices.JEL Classification: G23, G32

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Journal Info

Abbrev

etikonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Etikonomi is a peer-reviewed journal on Economics, Business and Management by Faculty of Economic and Business State Islamic University (UIN) Syarif Hidayatullah Jakarta. FOCUS This journal focused on economics, business, and management studies and present developments through the publication of ...