Factors Affecting the Share Price: Evidence from Nepalese Commercial Banks

Pradhan, Radhe Shyam; Dahal, Subash

doi:10.2139/ssrn.2793469

Cited by 13 publications

(26 citation statements)

References 9 publications

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“…The increasing PER caused the stock price to increase, and vice versa. This result is in accordance with [6], while PER results that have significant and positive impacts are in [7], [10] and [13].…”

Section: Panel Data Regression Estimation Fixed Effectsupporting

confidence: 87%

“…Previous research, [5] support the theory that ROA has a significant effect on stock prices, on the contrary research by [6], [7] state that ROA has no significant effect on the stock price. From the report of Forbes magazine, it appears that BRI, Bank Mandiri, BCA and BNI have very large assets (the amount of the asset for each bank is $ 63.7B, $ 66B, $ 43.1B, $ 38.4B), but lower than their market value (the amount of each bank is $ 20.4, $ 17.6B, $ 24.5B, $ 6.9B).…”

Section: Literature Reviewmentioning

confidence: 92%

“…Moreover, what is the relation with the stock price of the company? The research that supports EPS has a significant effect on stock prices is conducted by [5] and [7] while the opposite research that EPS has no effect on stock prices is done by [6].…”

Section: Literature Reviewmentioning

confidence: 99%

“…The higher PER in theory causes the higher stock prices and vice versa. The research that supports PER has a significant effect on stock price is conducted by [7], while [5] and [6] studies resulted in reverse research that PER has no significant effect on stock prices. Based on those results of previous research which is still varied, therefore this research tries to analyze the influence of Return on Asset, Earning per Share and Price Earnings Ratio to stock price at Banking sub sector company on Stock Exchange of Indonesia.…”

Section: Literature Reviewmentioning

confidence: 99%

See 3 more Smart Citations

The Determinant of Stock Price at the Banking Sub-Sector Company in Indonesia Stock Exchange

Prayogo¹,

Lestari²

2018

IJTEF

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Section: Panel Data Regression Estimation Fixed Effectsupporting

confidence: 87%

Section: Literature Reviewmentioning

confidence: 92%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

See 2 more Smart Citations

The Determinant of Stock Price at the Banking Sub-Sector Company in Indonesia Stock Exchange

Prayogo¹,

Lestari²

2018

IJTEF

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show abstract

“…gross domestic product, price earnings ratio, dividend per share, leverage have no relationship with share prices. Pradhan and Dahal (2016) have examined the factors affecting the share price of Nepalese commercial banks. Earnings per share, divided per share, price earnings ratio, book value per share, return on assets and size were chosen as firm specific independent variables whilst market price per share is selected as dependent variable.…”

Section: Review Of Empirical Workmentioning

confidence: 99%

Fundamentals of Stock Price in Nepalese commercial banks

Silwal

Napit

2019

Int. Res. J. Mgt. Sci.

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The aim of this study is to ascertain the determinants of the stock market price in Nepalese commercial banks for the period of 2065/66 to 2074/75. It is based on pooled cross-sectional data of ten banks for 10 years whose stocks are listed in Nepal stock exchange. The study employed correlational and causal comparative research design and result reveals that book value per share, price earnings ratio, return on equity have positive relationship with stock price. Dividend yield has positive but minimum influence on the price of the stock whereas size has negative relationship and is statistically insignificant with stock price. Further, it reveals that book value per share is a most influential factor that determines stock price in Nepal.

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Capturing the impact of accounting and regulatory variables on stock prices of banks – an empirical study of Indian banks in panel data modeling

Sharma

Bhardwaj²,

Kishore

2022

AJAR

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PurposeAnalysts expect reduced bank earnings as a result of the impact of the increase in bad loans. Banks have strategically created high provision coverage ratios allocating large funds for possible deterioration in asset quality. Given the expected faster growth and recovery in the bank lending sector, investors have always been interested in banking stocks, despite the waves of non-performing assets (NPAs) and recessionary influences. Historical references reiterate that the banking stocks have been better performers in their returns compared to the capital markets.Design/methodology/approachThe study aims to examine the impact of key accounting variables on the stock prices of Indian banks in the panel data framework.FindingsThe current study explores the impact of accounting variables on the market prices of shares. After the study, it may be concluded that earning per share (EPS), return on equity (ROE), capital adequacy ratio (CAR) and net interest margin (NIM) have an incremental impact on the prices of banking stocks, and the current ratio (CR) and NPAs have a detrimental impact on them.Practical implicationsStudying their impact on stock prices is the most convenient fundamental analysis that could be conducted on the stock prices of the banks.Originality/valueTo provide insights into the association of the accounting and regulatory variables there is a severe limitation in the quantity of the literature available. This study has attempted to build a relationship between the accounting and regulatory variables and the stock prices of banking stocks, to help investors with some reliable methods to estimate the stock prices in the future.

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Factors Affecting the Share Price: Evidence from Nepalese Commercial Banks

Cited by 13 publications

References 9 publications

The Determinant of Stock Price at the Banking Sub-Sector Company in Indonesia Stock Exchange

The Determinant of Stock Price at the Banking Sub-Sector Company in Indonesia Stock Exchange

Fundamentals of Stock Price in Nepalese commercial banks

Capturing the impact of accounting and regulatory variables on stock prices of banks – an empirical study of Indian banks in panel data modeling

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