Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
The Effect of Firm Profitability on Expected Stock Return In ASEAN Stock Market
Dublin Core
Title
Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
The Effect of Firm Profitability on Expected Stock Return In ASEAN Stock Market
The Effect of Firm Profitability on Expected Stock Return In ASEAN Stock Market
Subject
Profitability; expected stock return; ASEAN stock market
Description
This research discusses and analyzes the company's profitability related to the company's stock return performance Profitability of the firm is related to the firm's performance of stock return. This study uses time-series data with a total sample of 1,010 firms from five countries in ASEAN (Indonesia, Thailand, Malaysia, Philippines, and Vietnam) from
January 2010 to December 2019. Fama-French 3 factor model based on two different profitability showed that profitability positively affects the stock return in ASEAN markets. Fama-MacBeth's (1973) regression confirms that firm profitability scaled by operating profit-to-equity or operating profit-to-assets positively influences expected stock returns in the ASEAN market.
January 2010 to December 2019. Fama-French 3 factor model based on two different profitability showed that profitability positively affects the stock return in ASEAN markets. Fama-MacBeth's (1973) regression confirms that firm profitability scaled by operating profit-to-equity or operating profit-to-assets positively influences expected stock returns in the ASEAN market.
Creator
Nathania Clara, Sung Suk kim
Source
DOI: 10.26905/jkdp.v25i3.5598
Publisher
Universitas Merdeka Malang
Date
July 2021
Contributor
Sri Wahyuni
Rights
ISSN: 2443-2687 (Online) ISSN: 1410-8089 (Print)
Format
PDF
Language
English
Type
Text
Coverage
Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Files
Collection
Citation
Nathania Clara, Sung Suk kim, “Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
The Effect of Firm Profitability on Expected Stock Return In ASEAN Stock Market,” Repository Horizon University Indonesia, accessed November 21, 2024, https://repository.horizon.ac.id/items/show/4798.
The Effect of Firm Profitability on Expected Stock Return In ASEAN Stock Market,” Repository Horizon University Indonesia, accessed November 21, 2024, https://repository.horizon.ac.id/items/show/4798.