Open AccessThe Influence of Company Growth, Leverage, Asset Structure and Capital Structure on Stock Prices with Profitability as a Moderating Variable in Mining Companies Listed on the Indonesia Stock Exchange for the Year 2015-2020
Author(s) -
Muhammad Saleh Rizkian,
Azhar Maksum,
. Rujiman
Publication year - 2022
Publication title -
international journal of research and review
Language(s) - English
Resource type - Journals
eISSN - 2454-2237
pISSN - 2349-9788
DOI - 10.52403/ijrr.20220332
Subject(s) - stock exchange , capital structure , profitability index , leverage (statistics) , business , panel data , stock (firearms) , monetary economics , financial economics , econometrics , economics , finance , statistics , mechanical engineering , debt , mathematics , engineering
This study aims to test and analyze the effect of corporate growth, leverage, asset structure, and capital structure on stock prices with profitability as a moderating variable in mining companies listed on the Indonesia Stock Exchange in 2015-2020.Based on the method, this study includes associative-causal research using panel data. The population in this study were mining companies listed on the IDX, totaling 49 companies. Data analysis in this study uses descriptive statistics using panel data.This study proves that the company's growth and leverage do not affect stock prices. The asset structure positively affects stock prices, and capital structures influence stock prices. Profitability does not moderate the influence of company growth, asset structure, and capital structure on stock prices, whereas profitability moderates the influence of leverage on stock prices.Keywords: stock prices, company growth, leverage, asset structure, capital structure, profitability.