Luthfi Zamakhsyari

Unveiling the Drivers of Stock Prices: The Mediating Role of Intrinsic Value in Indonesia's Consumer Non-cyclical Sector

Andi Setia Aziz, Maulida Nurul Innayah, Naelati Tubastuvi & Luthfi Zamakhsyari · Asian Journal of Economics, Business and Accounting · 2025

Aims: This study examines how profitability, leverage, liquidity, and asset efficiency affect stock prices, and whether intrinsic value mediates these relationships in non-cyclical consumer sector companies listed on the Indonesia Stock Exchange (IDX). Study Design: A quantitativ...

Open access Research Article 10.9734/ajeba/2025/v25i71903

Impact of Electronic Word of Mouth, Online Customer Review, Product Quality, and Service Quality on Purchasing Decisions on Shopee E-Commerce

Azalia Kumala Firjatillah, Erny Rachmawati, Naelati Tubastuvi & Luthfi Zamakhsyari · Asian Journal of Economics, Business and Accounting · 2025

Objective: Study is to test the impact of electronic word of mouth (EWOM), online customer review (OCR), product quality, and service quality on purchasing decisions. Research Design: This is a quantitative research, with data collection using online questionnaires and the popula...

Open access Research Article 10.9734/ajeba/2025/v25i11647