THE EFFECT OF FIRM SIZE, PROFITABILITY ON STOCK PRICE (AN EMPIRICAL STUDY ON MINING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2015-2019)
Keywords:
firm size, profitability, stock priceAbstract
The mining sector on the Indonesia Stock Exchange is one of the most profitable investment places. Therefore, this study aims to analyse the effect of firm size, profitability on stock price (an empirical study on mining companies listed on the Indonesia Stock Exchange in 2016-2020). This study uses quantitative method with descriptive research approach with variables such as company size, profitability, and stock price. This study uses secondary data in the form of annual reports from idx.co.id and firm websites. This study uses multiple regression data analysis technique. The result of the study shows that the firm size and profitability simultaneously affect the stock price significantly. Partially, the firm size affects the firm size positively, meanwhile the profitability does not affect the stock price.
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