scholarly journals PENGARUH PROFITABILITAS TERHADAP HARGA SAHAM DENGAN KEBIJAKAN DIVIDEN DAN LEVERAGE SEBAGAI VARIABEL PEMODERASI PADA PERUSAHAAN SEKTOR INDUSTRI BARANG KONSUMSI YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 9 (1) ◽  
Author(s):  
Jovial Budi Ramadhani ◽  
Lalu Hamdani Husnan ◽  
I Nyoman Nugraha AP

This study aims to analyze the effect of profitability on stock prices with dividend and leverage policies as moderating variables in the consumer goods industry sector companies listed on the Indonesia Stock Exchange (IDX). The independent variable used is Profitability (ROA), with dividend policy (DPR) and leverage (DER) as a moderating variable. The dependent variable is the stock price. The sampling technique was purposive sampling in order to obtain a total sample of 8 companies, with the study period during 2010-2016. This type of research is associative causal. The data analysis technique in this study is moderated regression analysis (MRA) using SPSS. The results of this study indicate that profitability has no effect on stock prices. Dividend policy is proven to be able to strengthen the influence of profitability on stock prices. And leverage is proven to not be able to moderate the effect of profitability on stock prices.Keywords: Profitability, Stock Prices, Dividend Policy, Leverage 

Author(s):  
Yeni Ariesa ◽  
Tommy Tommy ◽  
Jane Utami ◽  
Intan Maharidha ◽  
Nanda Ciptara Siahaan ◽  
...  

This study aims to determine the effect of Current Ratio on stock prices, the effect of Firm Size on stock prices, the effect of Return On Equity on Stock Prices, the effect of Earning Per Share on Stock Prices, and the influence of Current Ratio, Firm Size, Return On Equity, and Earning Per Share simultaneously on stock prices in the 5 year period, 2014-2018. This study uses a quantitative approach with a descriptive statistical analysis type. The population in this study amounted to 150 companies. This study uses financial statement data with time series for the last 5 years published from www.idx.co.id. In this study, the sample selection used purposive sampling technique. The sample of this study contained 49 companies in the last 5 years with a total sample quantity of 245 manufacturing companies. The results of this study indicate that partially Current Ratio and Return On Equity have no and insignificant effect on stock prices of manufacturing companies. Partially Firm Size and Earning Per Share have a positive and significant effect on stock prices of manufacturing companies. Meanwhile, the independent variable Current Ratio, Firm Size, Return On Equity, and Earning Per Share simultaneously have a significant effect on the variable stock price of manufacturing companies.


2021 ◽  
Vol 31 (4) ◽  
Author(s):  
I Putu Laksmana Narayana ◽  
Made Gede Wirakusuma

Firm value is a market-based value that can be observed in accounting through stock prices. One of the factors that influence firm value is Corporate Social Responsibility (CSR) disclosure. This study aimed to obtain empirical evidence regarding CSR disclosure on firm value by using the moderating variables of profitability and firm size to overcome the inconsistencies of previous studies. The theory used in this research is legitimacy theory and stakeholder theory. This research was conducted at SRI-KEHATI indexed companies on the Indonesia Stock Exchange for the 2017-2019 financial reporting year. The sampling technique used was the purposive sampling method; the number obtained was 75 observations. The analysis technique used is pure moderator regression analysis. The results showed that the higher the CSR disclosure, the higher the firm value, especially in companies with high profitability and large company sizes. Keywords: CSR Disclosure; Firm Value; Profitability; Firm Size.


2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Charista Nurul Mafazah

The aim of this research to examine are there impact of ROA, ROE, EPS, PER, and DER as an independent variable whit stock price as dependent variable on 10 real estate companies listed in Indonesia stock exchange and have financial statements in the period 2013–2016 so that the unit of analysis obtained is 40 financial statement list real estate company. The research variable consisted on independent variable in the form of return on asset (X1), return on equity (X2), earning per share (X3), price earning ratio (X4), debt to equity ratio (X5), and stock price (Y) as a dependent variable. Methods of data collection in of this research is the method of documentation. Data analysis technique were use multiple linier regression. Based on the results of regression analysis known that influence of return on asset, return on equity, earning per share, price earning ratio, and debt to equity ratio and simultaneously influence the stock price on the Indonesia stock exchange in period 2013–2016 at 92,8% while the rest influenced by other variables is not examined in this research. Partially, return on asset and earning per share significantly influence to stock prices, while return on equity, price earning ratio, debt to equity ratio but not significant effect on stock prices.


2021 ◽  
Vol 3 (2) ◽  
pp. 74-80
Author(s):  
Budi Prijanto ◽  
Rani Ferina Pulung ◽  
Agustin Rusiana Sari

This study aims to investigate: the effect of Net Profit Margin (NPM) on stock prices and whether EPS is a moderating variable on the effect of NPM on stock prices. The case study was determined on the food and beverage sub-sector companies listed on the Indonesia Stock Exchange from 2015 to 2019. The population of this study was 26 companies, with the sampling technique used was the purposive sampling method. The use of this sampling technique resulted in 11 companies that met the criteria. The data analysis techniques used include simple regression (t test), multiple regression (F test), and interaction-type moderation tests using Moderated Regression Analysis. Data processing was carried out with the help of the IBM SPSS Ver 22 program. The findings of this study were that NPM had an effect on stock prices and EPS became a moderating variable (strengthened) on the effect of NPM on stock prices.


2020 ◽  
Vol 22 (1) ◽  
pp. 1-10
Author(s):  
Akhmadi Akhmadi ◽  
Nurohman Nurohman ◽  
Robiyanto Robiyanto

This study aimed to obtain an empirical explanation of the role of debt policy and dividend policy as variables mediating the influence of profitability on stock prices. This study used six mining companies listed on the Indonesia Stock Exchange (IDX) during the period of 2012–2016 as samples, hence there were 30 observational data. The sampling technique in this study was purposive sampling. This study found that profitability had a positive effect on stock prices, but the increasing profitability would not necessarily reduce the debt policy. The increasing profitability did not significantly increase the dividend policy, however, increasing dividend policy would increase the stock prices. The results also proved that debt and dividend policy did not mediate the influence of return on equity on the stock prices.


2018 ◽  
Vol 3 (1) ◽  
pp. 001
Author(s):  
Sigit Sanjaya ◽  
Susi Yuliastanty

This research aims to discover the effect of 1) Earning Per Share (EPS) to stock price 2) Debt to Equity Ratio (DER) to stock price 3) Return to Equity Ratio (ROE) to stock price. The research population is manufacturing company of food and beverage sub sector listed in Indonesia Stock Exchange (IDX). Samples are drawn by purposive sampling method. The total sample in this research is 14 companies. The data sourced is secondary data. Data analysis technique using multiple regression. The results showed 1) Earning per Share (EPS) has no significant effect on stock price 2) Debt to Equity Ratio (DER) has no effect on stock price 3) Return on Equity Ratio (ROE) has a significant effect on stock prices


Author(s):  
Dr. Muhammad Siddique ◽  

This study aims to test the relationship between dividend policy decisions on the share price Volatility of Modaraba Companies quoted in the Pakistan stock exchange. The data for empirical analysis was collected from the Pakistan stock exchange, Recorder archive, and Ksestocks.com. By using the sampling technique, a sample of 19 Modaraba Companies was taken from 2010 to 2018. The empirical analysis was conducted using multiple regression techniques by employing a fixed effect model on panel data. This study also incorporated four control variables (size, growth, operating earning & level of debt) in empirical analysis to avoid multicollinearity problems between dividend policy measures and spurious regression. The results of the study validate the theory of relevance of dividend policy decisions on share price Volatility. Dividend policy has a negative and significant bearing on Stock price volatility. Higher leverage (debt level) leads to higher instability in stock prices. Firm earning volatility is positively associated with share price volatility. Firm size and firm's growth in terms of assets also has a negative but insignificant impact on share price Volatility


2019 ◽  
Vol 6 (2) ◽  
pp. 74-79
Author(s):  
Nanu Hasanuh

This study aims to determine the effect of Earning Per Share (EPS) on stock prices partially or simultaneously on banking companies listed on the Indonesia Stock Exchange for the period 2012-2016. The independent variable in this study is Earning Per Share (EPS). The dependent variable in this study is the Stock Price. Sampling was done by purposive sampling method, with a total sample of 7 (seven) companies and 35 observational data. The research method used is a quantitative method with a descriptive and verification approach. The results showed that Earning Per Share (EPS) significantly affected stock prices.


2019 ◽  
Author(s):  
Susy Yuliastanty

This research aims to discover the effect of 1) Earning Per Share (EPS) to stock price 2) Debt to Equity Ratio (DER) to stock price 3) Return to Equity Ratio (ROE) to stock price. The research population is manufacturing company of food and beverage sub sector listed in Indonesia Stock Exchange (IDX). Samples are drawn by purposive sampling method. The total sample in this research is 14 companies. The data sourced is secondary data. Data analysis technique using multiple regression. The results showed 1) Earning per Share (EPS) has no significant effect on stock price 2) Debt to Equity Ratio (DER) has no effect on stock price 3) Return on Equity Ratio (ROE) has a significant effect on stock prices.


2020 ◽  
Vol 4 (3) ◽  
pp. 436-448
Author(s):  
Rochmah Yuniati ◽  
Anita Wijayanti ◽  
Riana Rachmawati Dewi

This study aims to examine and analyze the effect of corporate governance and financial performance on dividend policies. The dependent variable is dividend policy and the independent variable is the size of the board of commissioners, independent board of commissioners, managerial ownership, liquidity and profitability. The population of this research is 14 Manufacturing companies listed on the Indonesia Stock Exchange in the period 2015 – 2018. With a total sample size of 56 and this sampling technique uses a purposive sampling method. Testing the hypothesis of this study using multiple linear regression test. The results of this study indicate that the size of the board of commissioners, the board of independent commissioners and profitability affect the dividend policy, managerial ownership and liquidity do not affect the dividend policy


Sign in / Sign up

Export Citation Format

Share Document