Determinants Of Factors Affecting Stock Prices In Mining Companies In 2019-2023

DOI

10.2991/978-2-38476-366-5_20How to use a DOI?

Keywords

Affecting Stock Prices; Mining Companies; 2019-2023

Abstract

The level of public awareness regarding investing, especially purchasing shares, is increasing. However, quite a few people are confused or unable to determine which shares are kind for investment and which are not. The wrong choice in buying shares will indeed be very detrimental to investors. Therefore, investors need to be more careful before buying shares to invest. So, investors will later benefit from investing. This research aims to examine the role of dividend policy (Dividend Payout Ratio) in determining liquidity (Current Ratio), profitability (Return on Equity), and leverage (Debt Equity Ratio) on share prices in mining companies listed on the Indonesia Stock Exchange, for the period 2019 to 2023. This research was carried out using purposive sampling with certain criteria. So as many as 36 mining companies were found as a research method. The analysis tool used is SmartPLS 4.0. The research results prove that First, liquidity (CR) has a significant positive effect on stock prices. Second, profitability (ROE) has a negative, insignificant impact on share prices. Third, leverage (DER) has a significant positive effect on stock prices. Fourth, the Dividend Payout Ratio has a substantial positive impact in mediating the Current Ratio on Stock Price. Fifth, the dividend payout ratio has a significant positive effect on the debt equity ratio on stock price. Sixth, the Dividend Payout Ratio does not have a substantial result in mediating Return On Equity on Stock Price.

Copyright

© 2025 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  - Eudia Beta Christy
AU  - Naomi Marchelin Ananda Christy
AU  - Adhi Widyakto
AU  - Oktavie Fresiliasari
AU  - Yohanes Suhardjo
PY  - 2025
DA  - 2025/02/28
TI  - Determinants Of Factors Affecting Stock Prices In Mining Companies In 2019-2023
BT  - Proceedings of the 1st International Conference on Social Environment Diversity (ICOSEND 2024)
PB  - Atlantis Press
SP  - 215
EP  - 224
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-366-5_20
DO  - 10.2991/978-2-38476-366-5_20
ID  - Christy2025
ER  -