The effects of financial factors on peruvian mining companies share price

Almendra Carhuamaca-Flores, Vania Malena Almonacid-Carranza, Nivardo Alonzo Santillan-Zapata, Pedro Bernabe Venegas-Rodriguez, Jimmy Alberth Deza-Quispe

Research output: Contribution to journalOriginal Articlepeer-review

Abstract

This research analyses the relationship and relative importance of financial factors on the Peruvian mining copper companies´ share prices from 2010 to 2018. Voting common share prices were focused and book value, dividend per share, dividend yield, price earnings, earnings per share and roe were employed as regressors. Fixed-effects regression was used, and tests of stationarity, distribution, and specification harnessed. It was found that earnings per share and dividend yield had a positive and significant relationship with share prices, while book value had a negative one.

Original languageAmerican English
Pages (from-to)373-380
Number of pages8
JournalAccounting
Volume7
Issue number2
DOIs
StateIndexed - 2021

Bibliographical note

Publisher Copyright:
© 2021, Growing Science. All rights reserved.

Keywords

  • Common voting share
  • Copper mining companies
  • Financial factors
  • Share prices

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