Effect Of Leverage, Inflation And GDP To Share Price Pt. Astra Otoparts Tbk.

ProBank ◽  
2018 ◽  
Vol 3 (2) ◽  
pp. 17-21
Author(s):  
Heriyanta Budi Utama ◽  
Florianus Dimas Gunurdya Putra Wardana

The purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015. The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression. The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share priceThe purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015.The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression.The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share price

2021 ◽  
Vol 4 (2) ◽  
pp. 540-546
Author(s):  
Eka Sholeha Thea ◽  
Hari Sulistyo

Share Price is a reflection of the successful management of the company. A high share price will provide benefits, namely in the form of capital gains and a better image for the company so that it will attract investors to invest in the company. This study aims to determine whether there is an influence between liquidity, solvency and profitability on stock prices either partially or simultaneously. The research sample taken was 11 companies from a total of 19 plantation subsector companies that were listed on the Indonesia Stock Exchange in 2016-2018 with the sampling technique used was purposive sampling technique. The research method used is descriptive and verification, where descriptive uses descriptive statistics and verification uses multiple linear regression analysis and the coefficient of determination. The results of this study partially Current Ratio has no effect on stock prices, Debt to Equity Ratio has a negative effect on stock prices and Return on Equity has negative effects on stock prices. Keywords: Stock Price, Liquidity, Solvency, Profitability


2018 ◽  
Vol 3 (2) ◽  
pp. 308
Author(s):  
Mutiara Lusiana Annisa ◽  
Rizki Fitri Amalia

This research purpose to know and explaining the effect of capital structure and profitability stock prices case of studies at the insurance companies that listed on the Indonesia Stock Exchange from period time of 2015 untul 2017. The type of research used is explanatory causality research with quantitative approach. Based on sampling technique “purposive sampling” researcher used 11 companies that meets the criteria. The method of analysis used in this research is statistical descriptive analysis multiple linear analysis. The result of the methods show that the capital structure and profitability have a significant effect on the structure of the stock price. The results of research for capital structure has an insignificant the stock price and profitability has a significant the stock price.


2019 ◽  
Vol 9 (2) ◽  
pp. 1
Author(s):  
Mikha Q. H. M. Mantik ◽  
Dolina L. Tampi ◽  
Wilfried S. Manoppo

This research aims to test the partially influence, direction, and the significance of EPS against stock prices in the sector of consumer goods manufacturing company listed in IDX 2015-2018 Period. Financial information functions as a means of information, management accountability tool to the owner of the company, success indicators against the depiction of the company and as a material consideration in decision making. One of the indicators measuring share price i.e.: Earning Per Share. Earnings Per Share (EPS) to measure the company's ability to generate profits per shares. And the stock price is the closing price of the stock market during the period of observation for each type of stock. This research method is associative causal. Of the total population, conducted the withdrawal of samples as many as 29 companies with purposive sampling method, a sampling method that takes an object with certain criteria. Data analysis was done of simple linear regression analysis and hypothesis testing using the analysis of the coefficient of determination and test results showed t. EPS positive and significant effect against the price of the shares, with a value of the coefficient of determination (R 2) 0.435 and value 0.000 probability less than 0.05. Based on the results of test data analysis research, it can be seen that the level of variable earnings per shares or Earning Per Share (EPS) have a positive influence significantly to stock prices in the sector of consumer goods manufacturing company in Indonesia Stock Exchange.


2020 ◽  
Vol 4 (1) ◽  
pp. 90-95
Author(s):  
Rafida Khairani ◽  
Muhammad Fikri Haikal ◽  
Siti Ramadhani ◽  
Nana Gustia ◽  
Febry Rizky Al Fadilla Sitompul

Manufacturing companies are considered to have promising developments because they can provide innovations that are well accepted by the market share. This research aims to find out the effect of DER, .EPS,. And NPM on share prices according to partial and simultaneous. The object of research is the food and beverage manufacturing industry listed on the Indonesia Stock Exchange in 2014-2018. The method of analysis used is the classical assumption test, such as 1. Normality test, heteroscedasticity test, autocorrelation test, multicollinearity test. 2. Multiple linear regression test and 3. Hypothesis testing using t-test, F-test, and the coefficient of determination (R2). The results of the research are partial DER..and..EPS does not have an impact on stock prices, while NPM has an impact on stock prices. According to DER, EPS and NPM simultaneously have an impact on stock prices. The coefficient of determination shows that 53.4% ​​of the stock price is influenced by the three independent variables. Keywords: Debt to Equity Ratio, Earning Per Share, Net Profit Margin, and Share Price


2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Mr. Dodi

Abstract�The purpose of the present study is to explain the influence analysis of inflation, and Gross Domestic Product to the profitability (ROA) of islamic banking in Indonesia. Macroeconomic variables in this research are measured by inflation, and gross domestic product (GDP). The most important indicator in evaluating the banking financial performance is ROA. Sampling technique used here is purposive sampling, it is gained sample amount of 12 islamic banks.The data used in this study were obtained from published financial statements of ojk. Data analysis techniques used in this study is multiple linier regression analysis. t test results showed that partially, inflation and GDP has positive and significant influence on profitability (ROA). While the results of F test showed that simultaneous variable inflation, and GDP have a significant effect on profitability� (ROA). �Keywords: inflation; Gross Domestic Product, Profitability, Return on Asset, Islamic Banking.�Abstrak�Tujuan dari penelitian ini adalah untuk menjelaskan analisis pengaruh inflasi, dan Produk Domestik Bruto terhadap profitabilitas (ROA) perbankan syariah di Indonesia. Variabel ekonomi makro dalam penelitian ini diukur dengan inflasi, dan produk domestik bruto (PDB). Indikator terpenting dalam mengevaluasi kinerja keuangan perbankan adalah ROA. Teknik pengambilan sampel yang digunakan adalah purposive sampling, diperoleh sampel sebanyak 12 bank syariah. Data yang digunakan dalam penelitian ini diperoleh dari laporan keuangan publikasi ojk. Teknik analisis data yang digunakan dalam penelitian ini adalah analisis regresi linier berganda. Hasil uji t menunjukkan bahwa secara parsial inflasi dan PDB berpengaruh positif dan signifikan terhadap profitabilitas (ROA). Sedangkan hasil uji F menunjukkan bahwa variabel simultan Inflasi, dan PDB berpengaruh signifikan terhadap Profitabilitas (ROA).�Kata Kunci: Inflasi; Produk Domestik Bruto, Profitabilitas, Return on Asset, Perbankan Syariah.


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


2018 ◽  
Vol 9 (1) ◽  
pp. 18-31
Author(s):  
Nadi hernadi Moorcy

Abstrak   Harga saham dapat mencerminkan nilai dari suatu perusahaan. Perusahaan yang kinerja keuangannyabaik, sahamnya akan banyak diminati oleh investor. Salah satu yang diperhatikan dalam pencapaian kinerja suatu perusahaan adalah laba. Rasio yang digunakan sebagai pengukur kinerja keuangan perusahaan antara lainReturn On Assets (ROA), Return On Equity(ROE) dan Earning Per Share (EPS).Penelitian ini bertujuan untuk mengetahui dan membuktikan secara empiris pengaruh Return On Asset, Return On Equity dan Earning Per Shareterhadap harga saham pada perusahaan Food & Beverages yang terdaftar di Bursa Efek Indonesia periode 2010-2015. Teknik pengambilan sampel menggunakan purposive sampling dengan jumlah sampel sebanyak 10 perusahaan. Data dianalisis dengan menggunakan analisis linear berganda. Hasil penelitian secara parsialmenunjukan bahwa ROA tidak berpengaruh terhadap harga saham, ROE tidak berpengaruh terhadap harga saham, sedangkan EPS berpengaruh terhadap harga saham. Secara simultan ROA, ROE dan EPS berpengaruh terhadap harga saham. Abstract   Stock prices may reflect the value of a company. Companies whose financial performance is good, its shares will be much in demand by investors. One that is considered in the achievement of a company's performance is profit. Ratios used as a measure of corporate financial performance include Return On Assets (ROA), Return On Equity (ROE) and Earning Per Share (EPS). This study aims to determine and prove empirically the influence of Return On Assets, Return On Equity and Earning Per Share to stock prices at Food & Beverages companies listed on the Indonesia Stock Exchange 2010-2015 period. The sampling technique used purposive sampling with the number of samples of 10 companies. Data were analyzed by using multiple linear analysis. The results of partially show that ROA does not affect the stock price, ROE do not affect the stock price, while the EPS effect on stock prices. Simultaneously ROA, ROE and EPS effect on stock prices.


2019 ◽  
Vol 10 (1) ◽  
pp. 29-46
Author(s):  
Matyani Matyani

Tujuan penelitian ini adalah untuk mengetahui pengaruh secara simultan dan parsial dengan menggunakan teknik Purposive Sampling, di dapatkan tiga sampel perusahaan dari sembilan perusahaan pertambangan sub sektor logam dan mineral. Data diolah dan dianalisis menggunakanan alisis regresi linear berganda. Berdasarkan koefisien korelasi keempat variabel bebas mempunyai hubungan yang sangat kuat terhadap harga saham pada perusahaan pertambangan sub sektor logam dan mineral yang terdaftar di Bursa Efek Indonesia. Berdasarkan hasil analisis secara simultan penelitian ini menjelaskan bahwa variabel yaitu Return On Equity, Debt to Equity Ratio, Suku Bunga, dan Inflasi secara bersasma-sama mempunyai pengaruh terhadap harga saham, sedangkan secara parsial dapat disimpulkan bahwa dari keempat variabel tersebut Inflasi berpengaruh dominan terhadap Harga Saham pada prusahaan pertambangan sub sektor logam dan mineral yang terdaftar di Bursa Efek Indonesia. Kata kunci :  Return On Equity, Debt to Equity Ratio, Suku Bunga, Inflasi   ABSTRACT The purpose of this study is to find out the influence of simultaneously and partially by using Purposive Sampling technique, found three companies from nine mining companies of metal and mineral sub sector. Data was processed and analyze by multiple linear regression analysis method. Based on correlation coefficient by four independent variabels has a very strong relation on stock prices Mining Companies Sub-Sector Metals and Minerals listed on the Indonesia Stock Exchange. Based on the results of the simultaneous analysis of this study explained that the variables of Return On Equity, Debt to Equity Ratio, Interest Rates, and Inflation together have an influence on Stock Price. By the partially can be concluded that from the four variables Inflation has a dominant influence on stock prices Mining companies sub-sector metals and minerals listed on the Indonesia Stock Exchange. Keywords: Return On Equity, Debt to Equity Ratio, Interest Rate, Inflation, Stock Price


2019 ◽  
Vol 5 (3) ◽  
Author(s):  
Maria Anastasia

ABSTRACT Accounting Department of Banjarmasin Pancasetia College of Economics, 2018, Influence of Inflation, Gross Domestic Product, and Interest Rates on the Company's Share Price on the Indonesia Stock Exchange.This study aims to determine the magnitude of inflation, gross domestic product and interest rates both partially and simultaneously and the effect on share ownership in the Indonesia Stock Exchange. The sample in this study are 43 property companies that use on the Indonesia Stock Exchange. The data used are income data, inflation data, Gross Domestic Product data, and interest rate data for the period 2015 to 2017.Based on the results of the t test, it is seen that the Gross Domestic Product is partial to the shares in property companies, while inflation and interest rates are not the same. Based on the results of the Fedia Test, Inflation, Gross Domestic Product, and interest rates simultaneously. From the results of the t test and can be searched is between inflation, gross domestic product and interest rates relating to the Gross Domestic Product Variable.Keywords: Inflation, Gross Domestic Product, interest rates, and property stock prices. ABSTRAK Jurusan Akuntansi Sekolah Tinggi Ilmu Ekonomi Pancasetia Banjarmasin,2018, Pengaruh Inflasi, Gross Domestic Product, dan Suku Bunga terhadap Harga Saham Perusahaan Properti yang terdaftar di Bursa Efek Indonesia.Penelitian ini bertujuan untuk mengetahui besaran pengaruh Inflasi, Gross domestic Product dan suku bunga baik secara parsial maupun Simultan dan pengaruh Dominan terhadap harga saham perusahaan properti yang terdaftar di Bursa efek Indonesia. Sampel dalam penelitian ini adalah 43 perusahaan properti yang tercatat di Bursa efek Indonesia. Data yang digunakan adalah harga saham perusahaan properti, data Inflasi, data Gross Domestic Product, dan data suku bunga pada periode 2015 sampai 2017.Berdasarkan hasil Uji t diketahui bahwa Gross Domestic Product secara parsial berpengaruh terhadap harga saham pada perusahaan properti, sedangkan Inflasi dan suku bunga secara parsial tidak berpengaruh terhadap harga saham pada perusahaan properti. Berdasarkan hasil Uji F diketahui bahwa Inflasi, Gross domestic Product, dan suku bunga secara simultan berpengaruh terhadap harga saham perusahaan properti. Dari hasil Uji t juga dapat diketahui bahwa diantara inflasi, Gross domestic Product dan suku bunga yang mempunyai pengaruh Dominan terhadap harga saham properti ditunjukkan oleh Variabel Gross Domestic Product.Kata Kunci : Inflasi, Gross Domestic Product, suku bunga, dan harga saham properti.


2021 ◽  
Vol 4 (1) ◽  
pp. 20
Author(s):  
Mahdi Hendrich

This study attempts to examine how much influence these two variables, namely ROA and ROE, on stock prices, especially in manufacturing companies of the type of "Consumer Goods" listed on the Indonesia Stock Exchange, the Malaysia Stock Exchange and the Thailand Stock Exchange. The sampling technique used was purposive sampling based on certain criteria or considerations. The sample taken is the financial statements of 9 companies that have been determined in accordance with the provisions of sampling with the period 2017-2019. The result shows that, simultaneously, Return On Asset (ROA) and Return On Equity (ROE) have a positive effect on stock prices in manufacturing companies in Indonesia. The coefficient of determination (R2) of 0.238 indicates that each share price is influenced by the ROA, ROE and State variables of 23.8% while the remaining 76.2% is influenced by other variables not examined.


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