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Impact of Profitability on Stock Market Value Evidence from Petrochemical Industry in Saudi Arabia
by
أبو شاور، منير إسماعيل
, Al Ajlouni, Ahmed Taha
in
أسعار الأسهم
/ الربحية
/ الصناعات البتروكيماوية
/ سوق الأسهم
/ سوق المال
2018
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Impact of Profitability on Stock Market Value Evidence from Petrochemical Industry in Saudi Arabia
by
أبو شاور، منير إسماعيل
, Al Ajlouni, Ahmed Taha
in
أسعار الأسهم
/ الربحية
/ الصناعات البتروكيماوية
/ سوق الأسهم
/ سوق المال
2018
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Impact of Profitability on Stock Market Value Evidence from Petrochemical Industry in Saudi Arabia
Journal Article
Impact of Profitability on Stock Market Value Evidence from Petrochemical Industry in Saudi Arabia
2018
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Overview
The study explores the relationship between the profitability (measured by ROI, ROE and NPR)and the stock market prices of the Petrochemical Industry Firms in Saudi Arabia during the period 2008-2015.We used the multiple regression model to estimate the relationship between the independent variables and the dependent variable by using the Cross Section-Time Series (Panel Data).The study confirms that the stock prices of petrochemical companies listed in the Saudi Stock Market does not reflect the profit performance on the market price of the stocks. The affection trend on the profit performance is varied by different profitability measures.
Publisher
جامعة القصيم - كلية الاقتصاد والإدارة
Subject
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