The Effect of Profitability on Stock Return (Study on Financial Technology Companies Listed on NASDAQ)

DOI

10.2991/978-94-6463-234-7_26How to use a DOI?

Keywords

Profitability; Stock Return; Financial Technology

Abstract

This study aims to obtain an overview of the profitability of stock return in financial technology companies listed on the NASDAQ. The type of research used is descriptive and verification research with explanatory research methods. The sampling technique in this study is purposive sampling technique with a total sample of 6. Financial technology companies listed on the NASDAQ are the objects in this study. The data analysis technique used in this study is a panel data regression analysis technique with data processing applications using the Eviews 12 program. This study obtained findings showing that profitability negatively affects stock return. Based on the results of this study, it can be concluded that when profitability (ROE) increases, stock return do not increase.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Sulastri
AU  - E. Tarmedi
AU  - B. Widjajanta
AU  - A. Panjaitan
PY  - 2023
DA  - 2023/09/29
TI  - The Effect of Profitability on Stock Return (Study on Financial Technology Companies Listed on NASDAQ)
BT  - Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)
PB  - Atlantis Press
SP  - 274
EP  - 282
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-234-7_26
DO  - 10.2991/978-94-6463-234-7_26
ID  - 2023
ER  -