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The Influence of Profitability, Liquidity, and Solvency on the Share Prices of Kompas 100: Evidence from Non-Financial Companies

Year: 2025

Type: article

Abstract: This study examines and analyzes the impact of profitability, liquidity, and solvency on the share price. Non-financial companies, becoming the KOMPAS 100 index constituents between 2019 and 2022, perform as the population. Furthermore, this study uses purposive sampling to take them as the samples. Mentioning the criteria, 58 associated firms are obtainable. Hence, 232 observations exist. After that, this study analyzes the data based on multiple linear regression and its classical assumption tests. After removing outliers, the total observations become 188. Based on the statistical analysis of 188 observations, this study reveals that the stock price is positively influenced by profitability and solvency but negatively affected by liquidity.

Source: Eqien Jurnal Ekonomi dan Bisnis

DOI: 10.34308/eqien.v14i01.1956

Authors: Acabelina Fine Claudia Purba, Barnabas Tridig Silaban

Institution: Maranatha Christian University

Language: English

Topic: Financial Analysis and Corporate Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

OpenAlex ID: W4408470665

FWCI:

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