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

doi:10.5267/j.ac.2020.11.015

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

Faculty of Business Sciences

Research output: Contribution to journal › Original Article › peer-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 language	American English
Pages (from-to)	373-380
Number of pages	8
Journal	Accounting
Volume	7
Issue number	2
DOIs	https://doi.org/10.5267/j.ac.2020.11.015
State	Indexed - 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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10.5267/j.ac.2020.11.015

Cite this

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title = "The effects of financial factors on peruvian mining companies share price",

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.",

keywords = "Common voting share, Copper mining companies, Financial factors, Share prices",

author = "Almendra Carhuamaca-Flores and Almonacid-Carranza, \{Vania Malena\} and Santillan-Zapata, \{Nivardo Alonzo\} and Venegas-Rodriguez, \{Pedro Bernabe\} and Deza-Quispe, \{Jimmy Alberth\}",

year = "2021",

doi = "10.5267/j.ac.2020.11.015",

language = "American English",

volume = "7",

pages = "373--380",

journal = "Accounting",

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AU - Carhuamaca-Flores, Almendra

AU - Almonacid-Carranza, Vania Malena

AU - Santillan-Zapata, Nivardo Alonzo

AU - Venegas-Rodriguez, Pedro Bernabe

AU - Deza-Quispe, Jimmy Alberth

PY - 2021

Y1 - 2021

N2 - 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.

AB - 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.

KW - Common voting share

KW - Copper mining companies

KW - Financial factors

KW - Share prices

UR - https://www.scopus.com/pages/publications/85097949557

U2 - 10.5267/j.ac.2020.11.015

DO - 10.5267/j.ac.2020.11.015

M3 - Original Article

AN - SCOPUS:85097949557

SN - 2369-7393

VL - 7

SP - 373

EP - 380

JO - Accounting

JF - Accounting

IS - 2

ER -

The effects of financial factors on peruvian mining companies share price

Abstract

Bibliographical note

Keywords

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