scholarly journals THE MEDIATING ROLE OF DEBT AND DIVIDEND POLICY ON THE EFFECT PROFITABILITY TOWARD STOCK PRICE

2020 ◽  
Vol 22 (1) ◽  
pp. 1-10
Author(s):  
Akhmadi Akhmadi ◽  
Nurohman Nurohman ◽  
Robiyanto Robiyanto
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Return On Equity ◽  
Mediating Role ◽  
Debt Policy ◽  
Positive Effect

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.

scholarly journals Analysis Relative Strength Index and Earning Per Share on Stock Price

2019 ◽  
pp. 1-9
Author(s):  
Jajang Badruzaman
Keyword(s):  
Research Design ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Relative Strength ◽  
Quantitative Approach ◽  
Significant Positive Effect ◽  
Strength Index ◽  
Positive Effect

This study aims to determine the effect of the Relative Strength Index and Earnig Per Share on Stock Prices. The research design used is a quantitative approach with a population of all companies in the Jakarta Islamic Index (JII) category listed on the Indonesia Stock Exchange for the 2013-2016 periods. The sampling technique used was purposive sampling. Based on the criteria set, 13 companies were obtained. The results showed that the Relative Strength Index and Earnig Per Share had a significant positive effect on Stock Prices in the Jakarta Islamic Index (JII) company on the Indonesia Stock Exchange for the Period 2013-2016.

scholarly journals The Effect of Current Ratio (CR), Firm Size (FS), Return on Equity (ROE), and Earning Per Share (EPS) on the Stock Prices of Manufacturing Companies listed in Indonesia Stock Exchange in the 2014-2018 Period

2020 ◽  
Vol 3 (4) ◽  
pp. 2759-2773
Author(s):  
Yeni Ariesa ◽  
Tommy Tommy ◽  
Jane Utami ◽  
Intan Maharidha ◽  
Nanda Ciptara Siahaan ◽  
...  
Keyword(s):  
Firm Size ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sample Selection ◽  
Sampling Technique ◽  
Total Sample ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Return On Equity

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.

scholarly journals The Effect of Return on Equity (ROE) and Earning per Share (EPS) on Stock Prices In Indonesia Stock Exchange 2015-2018

2020 ◽  
Vol 1 (3) ◽  
pp. 132-138
Author(s):  
Herlina Lusiana
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Time Series Data ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Statements ◽  
Series Data ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Food And Beverage

This study aims to analyze the source of a company's profitability by choosing two main factors namely, Return on Equity (ROE) and Earning per Share (EPS) as the strength and resilience of companies engaged in food and beverage listed on the Indonesia Stock Exchange. This study uses time series data from 2015 to 2018. The dependent variable is the stock price. Meanwhile the independent variables are Return on Equity (ROE) and Earning per Share (EPS). The determination of the sample uses positive sampling, the sampling technique uses two special criteria from researchers. The first criterion, only food and beverage companies that publish financial statements in full during the period 2015 to 2018, and the second criterion, food and beverage companies that have financial statement data in accordance with the studied variables, namely Return on Equity (ROE) and Earning per Share (EPS). Samples that meet the criteria are 11 registered food and beverage companies on the Indonesia Stock Exchange for the period 2015 to 2018. Data analysis techniques using multiple linear regression with the help of the SPSS program.The findings show that Return on Equity (ROE) has a positive and significant impact on stock prices, while Earning per Share (EPS) has an impact negative and significant to stock prices. This finding confirms that strength the profitability of a company through Return on Equity (ROE) affects the stock prices of food and beverage companies in Indonesia. Therefore, it is important to maintain the company's profitability through Return on Equity (ROE) from the investor's perspective, not from the company's view. Meanwhile, interesting findings from a company's profitability through Earning per Share (EPS) do not affect the stock prices of food and beverage companies in Indonesia. Because earnings per share or earning per share (EPS) is obtained from the perspective of the company's financial statements where there are differences in the size and size of the company's expenses other than earning per share (EPS) can turn out to be high if the number of shares outstanding is reduced. Keywords: Profitability, Return on Equity (ROE), Earnings per Share (EPS), Stock Prices, Indonesia stock exchange (IDX)  

scholarly journals PENGARUH PROFITABILITAS, STRUKTUR MODAL DAN LIKUIDITAS TERHADAP HARGA SAHAM PERUSAHAAN SUB SEKTOR TRANSPORTASI YANG TERDAFTAR DI BEI TAHUN 2012-2017

Jurnal Ecogen ◽  
2018 ◽  
Vol 1 (2) ◽  
pp. 390
Author(s):  
Dewi Mutia ◽  
Syamwil Syamwil ◽  
Abel Tasman
Keyword(s):  
Capital Structure ◽  
Stock Prices ◽  
Stock Price ◽  
Research Method ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
Sampling Technique ◽  
Current Ratio ◽  
Return On Equity ◽  
Equity Ratio

This articel is aimed to inform the effect of profitability, capital structure and liquidity to  stock price on transportation company sub sector listed on Indonesian Stock Exchange within period 2012-2017. The research method in this study is an causal comparative. The population amounts to 32 companies with amount 192 data. Based on sampling technique purposive sampling researcher used 9 companies with amount 37 data that meets the criteria with variabel Return On Equity (ROE), Debt to Equity Ratio (DER) and Current Ratio (CR). All the data analyze using statistical descriptive analysis and regression analysis with SPSSs.The results showed that simultaneous ROE, DER, and CR significantly influence stock prices. Partially, ROE is a variable that has positive and significant impact on stock prices, while the DER and CR is partially has negative but not significant effect on stock prices.Keyword: profitability, capital structure, liquidity,  and stock price

scholarly journals PENGARUH PRICE EARNING RATIO, RETURN ON EQUITY, DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM SUB SEKTOR PROPERTY DAN REAL ESTATE DI BURSA EFEK INDONESIA

2020 ◽  
Vol 8 (4) ◽  
pp. 325
Author(s):  
Siti Kholifah
Keyword(s):  
Real Estate ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Economic Sectors ◽  
Return On Equity ◽  
Large Numbers ◽  
Equity Ratio ◽  
Data Collection Technique

The property sector is one sector that is capable of absorbing large numbers of workers and has a multiplier effect and considerable backward linkage to other economic sectors. The property and real estate sub-sectors are quite interesting to be the object of research because investors in investing in stocks choose companies This study aims to determine the effect of PER (X1), ROE (X2), and DER (X3) variables on stock prices (Y) in property and real estate sub-sector companies. PER (X1), ROE (X2), and DER (X3) are used as independent variables while Stock Price (Y) is the dependent variable. The sampling technique was carried out by means of the purposive sampling method and obtained 16 companies as research samples. Data collection technique is the documentation method. Data were analyzed using multiple linear regression techniques with the help of SPSS version 20 statistical software. The results of this study indicate that the PER, ROE, and DER variables simultaneously have a significant effect on stock prices in property and real estate sub-sector companies on the Indonesia Stock Exchange. Partially only PER and ROE variables have a significant effect, while the DER variable has no significant effect. ROE variable is the variable that most influences the stock price.

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
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Total Sample ◽  
Moderating Variables ◽  
Industry Sector ◽  
Analysis Technique ◽  
Independent Variable

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 

scholarly journals The Effect of Cash Holding Policy, Dividend Policy and Profitability on Stock Prices

2020 ◽  
Vol 1 (2) ◽  
pp. 135-148
Author(s):  
Adisa Humaira ◽  
Adisa Humaira ◽  
Hendro Susanto
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Global Economy ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Sector ◽  
Cash Holding ◽  
Return On Equity ◽  
Stock Market Performance

Increased non-resident ownership makes the capital market vulnerable to declining stability and the global economy that can affect the condition of the financial sector as indicated. These factors will affect the company's stock price is the company's cash holding policy, dividend policy and profitability performance. This study aims to determine the effect of cash holding policy, dividend policy and profitability on the company's stock price. Cash holding policy variables are measured by a cash to asset ratio, dividend policy is measured by a dividend payout ratio, profitability is measured by return on equity (ROE) and stock prices are measured by a price to book ratio. This research is a quantitative study using multiple regression analysis methods. The data used are secondary data from the annual report and the stock market performance reports of financial sector companies listed on the Indonesia Stock Exchange. The sampling method uses purposive sampling with an observation period of 2011 - 2017 and there are 14 companies that meet the criteria. The results showed that cash holding and profitability policies had a significant effect on stock prices dividend policy had no significant effect on stock prices.

scholarly journals Effect of Dividend Policy Decision on Share Price Volatility (SPV) of Modaraba Companies Listed in Pakistan Stock Exchange (PSX)

2020 ◽  
Vol 18 (2) ◽  
pp. 175-189
Author(s):  
Dr. Muhammad Siddique ◽  
Keyword(s):  
Empirical Analysis ◽  
Stock Prices ◽  
Stock Price ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Price Volatility ◽  
Sampling Technique ◽  
Policy Decision ◽  
Share Price ◽  
Policy Decisions

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

scholarly journals Pengaruh Debt to Equity Ratio dan Return on Equity terhadap Harga Saham pada Perusahaan Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia

2020 ◽  
Vol 1 (1) ◽  
pp. 96-110
Author(s):  
Antis I’niswatin ◽  
Radia Purbayati ◽  
Setiawan Setiawan
Keyword(s):  
Panel Data ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Return On Equity ◽  
Joint Influence ◽  
Food And Beverage ◽  
Equity Ratio ◽  
Multiple Analysis

Thiss research aims to detrmine how much influence the Debt to Equity Ratio (DER) dan Return on Equity (ROE) on Stock Prices at Food and Beverage Sub Sector companies listed on the Indonesia Stock Exchange for the period 2013-2018. The sample used in this research were ten companies obtained based on purposive sampling technique. The data used in this study is panel data so that the data will be tested using the help of the Eviews 9 application and analysed using panel data multiple analysis. The results of this analysis indicate that DER partially has a negative and significant effect on stock prices and ROE partially has a positive and significant effect on stock prices. Meanwhile, simultaneously, DER and ROE have a joint influence on stock price of companies in the Food and Beverage Sub Sector for the 2013-2018 period.

FAKTOR-FAKTOR YANG MEMPENGARUHI HARGA SAHAM PERUSAHAAN FOOD & BEVERAGES YANG TERDAFTAR DI BURSA EFEK INDONESIA

2018 ◽  
Vol 9 (1) ◽  
pp. 18-31
Author(s):  
Nadi hernadi Moorcy
Keyword(s):  
Financial Performance ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Return On Assets ◽  
Asset Return ◽  
Return On Equity ◽  
Purposive Sampling ◽  
A Company

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.

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