Formosa Journal of Multidisciplinary Research (FJMR)
Vol. 3 No. 10 (2024): October 2024

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 (Unknown)
Defung, F (Unknown)
Jamaluddin, Jamaluddin (Unknown)



Article Info

Publish Date
15 Oct 2024

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).

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Journal Info

Abbrev

fjmr

Publisher

Subject

Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Education Social Sciences

Description

Formosa Journal of Multidisciplinary Research (FJMR) is a multidisciplinary journal published by Formosa Publisher. Formosa Journal of Multidisciplinary Research (FJMR) is published every month (monthly). Formosa Journal of Multidisciplinary Research (FJMR) is a peer reviewed, open access, and ...