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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Autores principales:	Mulyanto Nugroho, Ulfi Pristiana
Formato:	article
Lenguaje:	EN ID
Publicado:	Universitas PGRI Madiun 2021
Materias:	liquidity activity leverage profitability stock returns likuiditas aktivitas profitabilitas pengembalian saham Education L Education (General) L7-991 Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/e85eb51000574ba89189c2a00b0daf8e
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spelling	oai:doaj.org-article:e85eb51000574ba89189c2a00b0daf8e2021-12-02T14:36:09ZMEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN2302-62512477-499510.25273/jap.v10i1.8749https://doaj.org/article/e85eb51000574ba89189c2a00b0daf8e2021-04-01T00:00:00Zhttp://e-journal.unipma.ac.id/index.php/assets/article/view/8749https://doaj.org/toc/2302-6251https://doaj.org/toc/2477-4995ABSTRACT 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.Mulyanto NugrohoUlfi PristianaUniversitas PGRI Madiunarticleliquidityactivityleverageprofitabilitystock returnslikuiditasaktivitasleverageprofitabilitaspengembalian sahamEducationLEducation (General)L7-991Accounting. BookkeepingHF5601-5689ENIDAssets: Jurnal Akuntansi dan Pendidikan, Vol 10, Iss 1, Pp 73-86 (2021)
institution	DOAJ
collection	DOAJ
language	EN ID
topic	liquidity activity leverage profitability stock returns likuiditas aktivitas leverage profitabilitas pengembalian saham Education L Education (General) L7-991 Accounting. Bookkeeping HF5601-5689
spellingShingle	liquidity activity leverage profitability stock returns likuiditas aktivitas leverage profitabilitas pengembalian saham Education L Education (General) L7-991 Accounting. Bookkeeping HF5601-5689 Mulyanto Nugroho Ulfi Pristiana MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN
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.
format	article
author	Mulyanto Nugroho Ulfi Pristiana
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
publishDate	2021
url	https://doaj.org/article/e85eb51000574ba89189c2a00b0daf8e
work_keys_str_mv	AT mulyantonugroho mediationofprofitabilityonliquidityactivityandleveragetowardsshariasharesreturn AT ulfipristiana mediationofprofitabilityonliquidityactivityandleveragetowardsshariasharesreturn
_version_	1718391041788215296

MEDIATION OF PROFITABILITY ON LIQUIDITY, ACTIVITY, AND LEVERAGE TOWARDS SHARIA SHARES RETURN

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