Role of Stock Performance as an Intervening Variable in a Relationship Between Profitability, Leverage, Growth and Company Value
DOI:
https://doi.org/10.35870/jemsi.v9i2.1016Abstract
The reason of this observe is to analyze and decide the effect of profitability, leverage, and growth on the performance of property sector company shares, to analyze and determine the effect of profitability, leverage, growth and stock performance on the company value of property sector companies and to analyze and determine the effect of profitability, leverage, and growth on company value with stock performance as an intervening variable for property sector companies listed on the IDX in 2017-2021. This research is protected in quantitative research the usage of secondary facts. This research is a quantitative research conducted to see the effect of profitability, leverage, growth on company value with stock performance as an intervening variable with case studies on businesses within the belongings, actual estate and constructing creation sectors indexed at the IDX in 2017-2021. In this study the authors used secondary statistics from annual reviews and financial reports. This study concludes that there is no effect of profitability on stock performance, there is an effect of profitability on firm value, there is an effect of leverage on stock performance, there is an effect of leverage on firm value, there is an effect of growth on stock performance, there is an effect of growth on firm value, there is an effect on performance stock on firm value, on firm value with stock performance as an intervening variable, there is an influence between growth on firm value and stock performance as an intervening variable.
Downloads
References
Abdillah, W., & Hartono, J. (2015). Partial Least Square (PLS): Alternative for Structural Equation Modeling (SEM) in Business Research. Yogyakarta: Andi.
Ahmad, K. (2014). Fundamentals of Investment and Portfolio Management. Jakarta: Rineka Cipta.
Alwi, Z. I. (2003). Capital Market: Theory and Application. Jakarta: Internusa.
Ang, R. (2017). Smart Book: Indonesian Capital Market. Jakarta: Mediasoft Indonesia.
Anjarwati, S. et al. (2022). Peran Profitabilitas, Pertumbuhan Perusahaan, Likuiditas dan Ukuran Perusahaan Terhadap Struktur Modal Perusahaan Real Estate Setelah Pandemi. Jurnal Kewarganegaraan, 6(3), 5162-5172.
Anoraga, P. (2011). The Influence of the Indonesian Capital Market. Jakarta: Mediasoft Indonesia.
Anoraga, P., & Pakarti, P. (2016). Introduction to Capital Markets. Jakarta: PT Asdi Mahasatya.
Astuti, D. (2014). Corporate Financial Management. Jakarta: Ghalia Indonesia.
Bodie, Z., Kane, A., & Marcus, A. J. (2019). Fundamentals of Investment. Jakarta: Salemba Empat.
Budiasih, Y., Tannady, H., Arum, R., Laratmase, P., & Kurniawan, U. (2023). Analisis Faktor Determinan Kinerja Keuangan Dengan Komisaris Independen Sebagai Variabel Moderasi. COSTING: Journal of Economic, Business and Accounting, 6(2), 1366-1377.
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.