{"title":"The Impact of Firm-Specific Factors on the Stock Prices: New Insight from Emerging Market of Asia","authors":"Yusra Nazir, F. Hussain, Ariba Mukhtar, S. Khalid","doi":"10.26710/jafee.v8i1.2197","DOIUrl":null,"url":null,"abstract":"Purpose: The purpose of this paper is to investigate the factors that can influence the share prices of listed firms. \nDesign/Methodology/Approach: The sample of 120 listed firms was selected from 2014–to 202020 was collected. \nFindings: We documented a new insight that all the variables have a strong relationship between variables with the share prices except leverage. The ROA and Leverage show a negative relationship with the share price and EPS, dividend per share, firm size and price-earnings ratio show a positive relationship with the share prices. \nImplications/Originality: This paper contributes to the existing literature and continuing debate about firm-specific determinants influencing share price in an emerging market, with a focus on manufacturing firms of Pakistan. \n \n ","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"23 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Accounting and Finance in Emerging Economies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.26710/jafee.v8i1.2197","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Purpose: The purpose of this paper is to investigate the factors that can influence the share prices of listed firms.
Design/Methodology/Approach: The sample of 120 listed firms was selected from 2014–to 202020 was collected.
Findings: We documented a new insight that all the variables have a strong relationship between variables with the share prices except leverage. The ROA and Leverage show a negative relationship with the share price and EPS, dividend per share, firm size and price-earnings ratio show a positive relationship with the share prices.
Implications/Originality: This paper contributes to the existing literature and continuing debate about firm-specific determinants influencing share price in an emerging market, with a focus on manufacturing firms of Pakistan.