FINANCIAL AND NON-FINANCIAL FACTORS ON STOCK PRICES OF EUROPEAN FOOTBALL CLUB

Authors

  • Huda Aulia Rahman Universitas Bina Insani
  • Muhammad Takrim Universitas Bina Insani

Keywords:

Profitability ratio, Liquidity ratio, Solvency ratio, Activity ratio, Football performance, Stock prices

Abstract

The aim of this research is to examine the influence of financial and non-financial factors on the share prices of European football clubs. Financial factors are measured by financial ratios in the form of profitability ratios, liquidity ratios, solvency ratios and activity ratios, while non-financial factors are measured by football performance. The sample used is European football clubs that sell their shares on the stock exchange for the research period 2021-2023. Data testing was carried out using multiple linear regression analysis with SPSS 26. The results of this research are that the only financial factor that influences share prices is liquidity, while the other three ratios do not influence share prices. Non-financial factors in the form of football performance have a positive effect on stock prices.

Published

2024-03-06

Issue

Vol. 11 (2024): How Do Accountants Contribute to Environmental Sustainability by Leveraging Artificial Intelligence?

Section

Articles
Abstract views: 45