MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN
ABSTRACT This research aims to gather empirical evidence on the position of profitability as a mediation variable on liquidity, activity, and leverage on stock returns in manufacturing companies listed on the Indonesian Sharia Stock Index (ISSI) between 2017 and 2019. A sample of 11 was collected u...
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doaj-e85eb51000574ba89189c2a00b0daf8e2021-05-13T03:16:33ZindUniversitas PGRI MadiunAssets: Jurnal Akuntansi dan Pendidikan2302-62512477-49952021-04-01101738610.25273/jap.v10i1.87492985MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURNMulyanto Nugroho0Ulfi Pristiana1Universitas 17 Agustus 1945 SurabayaUniversitas 17 Agustus 1945 SurabayaABSTRACT This research aims to gather empirical evidence on the position of profitability as a mediation variable on liquidity, activity, and leverage on stock returns in manufacturing companies listed on the Indonesian Sharia Stock Index (ISSI) between 2017 and 2019. A sample of 11 was collected using the purposive sampling method. A manufacturing firm registered as a consumer goods industry. According to the findings of this report, liquidity, activity, and leverage all significantly impacted profitability but had no impact on stock returns. Profitability has a significant impact on stock returns, and it is a variable that mediates the full impact of liquidity, activity, and leverage on stock returns. ABSTRAK Penelitian ini bertujuan untuk mendapatkan bukti empiris tentang peran profitabilitas sebagai variabel mediasi, terhadap likuiditas, aktivitas dan leverage pada return saham pada perusahaan manufaktur yang berada dalam Indeks Saham Syariah Indonesia (ISSI) selama tahun 2017 - 2019. Dengan menggunakan metode pruposive sampling diperoleh sampel 11 perusahaan manufaktur yang terdaftar sebagai industri barang konsumsi. Penelitian ini menemukan bahwa likuiditas, aktivitas dan leverage secara partial berpengaruh signifikan terhadap profitabilitas, tetapi berpengaruh tidak signifikan terhadap pengembalian saham. Profitabilitas berpengaruh signifikan terhadap pengembalian saham dan merupakan variabel yang memediasi penuh pengaruh sebagai likuiditas, aktivitas dan leverage terhadap pengembalian saham.http://e-journal.unipma.ac.id/index.php/assets/article/view/8749liquidityactivityleverageprofitabilitystock returnslikuiditasaktivitasleverageprofitabilitaspengembalian saham |
collection |
DOAJ |
language |
Indonesian |
format |
Article |
sources |
DOAJ |
author |
Mulyanto Nugroho Ulfi Pristiana |
spellingShingle |
Mulyanto Nugroho Ulfi Pristiana MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN Assets: Jurnal Akuntansi dan Pendidikan liquidity activity leverage profitability stock returns likuiditas aktivitas leverage profitabilitas pengembalian saham |
author_facet |
Mulyanto Nugroho Ulfi Pristiana |
author_sort |
Mulyanto Nugroho |
title |
MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN |
title_short |
MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN |
title_full |
MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN |
title_fullStr |
MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN |
title_full_unstemmed |
MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN |
title_sort |
mediation of profitability on liquidity, activity, and leverage towards sharia shares return |
publisher |
Universitas PGRI Madiun |
series |
Assets: Jurnal Akuntansi dan Pendidikan |
issn |
2302-6251 2477-4995 |
publishDate |
2021-04-01 |
description |
ABSTRACT
This research aims to gather empirical evidence on the position of profitability as a mediation variable on liquidity, activity, and leverage on stock returns in manufacturing companies listed on the Indonesian Sharia Stock Index (ISSI) between 2017 and 2019. A sample of 11 was collected using the purposive sampling method. A manufacturing firm registered as a consumer goods industry. According to the findings of this report, liquidity, activity, and leverage all significantly impacted profitability but had no impact on stock returns. Profitability has a significant impact on stock returns, and it is a variable that mediates the full impact of liquidity, activity, and leverage on stock returns.
ABSTRAK
Penelitian ini bertujuan untuk mendapatkan bukti empiris tentang peran profitabilitas sebagai variabel mediasi, terhadap likuiditas, aktivitas dan leverage pada return saham pada perusahaan manufaktur yang berada dalam Indeks Saham Syariah Indonesia (ISSI) selama tahun 2017 - 2019. Dengan menggunakan metode pruposive sampling diperoleh sampel 11 perusahaan manufaktur yang terdaftar sebagai industri barang konsumsi. Penelitian ini menemukan bahwa likuiditas, aktivitas dan leverage secara partial berpengaruh signifikan terhadap profitabilitas, tetapi berpengaruh tidak signifikan terhadap pengembalian saham. Profitabilitas berpengaruh signifikan terhadap pengembalian saham dan merupakan variabel yang memediasi penuh pengaruh sebagai likuiditas, aktivitas dan leverage terhadap pengembalian saham. |
topic |
liquidity activity leverage profitability stock returns likuiditas aktivitas leverage profitabilitas pengembalian saham |
url |
http://e-journal.unipma.ac.id/index.php/assets/article/view/8749 |
work_keys_str_mv |
AT mulyantonugroho mediationofprofitabilityonliquidityactivityandleveragetowardsshariasharesreturn AT ulfipristiana mediationofprofitabilityonliquidityactivityandleveragetowardsshariasharesreturn |
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