Determinants of Stock Prices in the Indonesian Stock Exchange
DOI:
https://doi.org/10.33005/mebis.v10i1.703Keywords:
Financial Information, Financial Reports, Stock PricesAbstract
The main objective of financial reports is to provide useful accounting information for making economic decisions. Users of financial reports will use them to predict, compare and assess the financial information impacts arising from the economic decisions they make. This study aims to determine the effect of return on assets, return on equity, and net profit margin. The type of research conducted in this study is research using quantitative techniques in multiple regression analysis. The results of this study show that return on assets has a significant effect on stock prices, while return on equity and net profit margin do not have a significant effect on stock prices. Then, Return on Assets received by the company is more dominant in influencing Stock Price. In general, the higher the ROA, the greater the Stock Price, because investors tend to dare or like healthy companies or can provide high profits
Downloads
References
Al umar, A. ulil albab, & Nur Savitri, A. S. (2020). Analisis pengaruh ROA, ROE, EPS terhadap harga saham. Jurnal Analisa Akuntansi Dan Perpajakan. 4(2). https://doi.org/10.25139/jaap.v4i2.3051
Adnyana, I. M. (2020). Manajemen Investasi dan Protofolio. (I. L. P. U. N. (LPU-UNAS). (ed.)). Lembaga Penerbitan Universitas Nasional (LPU-UNAS).
Arsita, Y. (2021). Analisis rasio keuangan untuk mengukur kinerja keuangan PT Sentul City, Tbk. Jurnal Manajemen Pendidikan Dan Ilmu Sosial, 2(1), 152–167. https://doi.org/10.38035/jmpis.v2i1.436
Bagaskara, R. S. (2021). Pengaruh profitabilitas , leverage , ukuran perusahaan dan kepemilikan manajerial terhadap nilai perusahaan. Forum Ekonomi, 23(1), 29–38.
Digdowiseso, K., & Rianasari, Y. (2023). Pengaruh Debt to Equity Ratio, Return on Assets, Ukuran Perusahaan, dan Current Ratio terhadap nilai perusahaan sektor consumer goods yang terdaftar di Bursa Efek Indonesia Periode 2017-2021. Reslaj : Religion Education Social Laa Roiba Journal, 5(5), 2753–2764. https://doi.org/10.47467/reslaj.v5i5.3599
Ferli, O., & William, Y. (2023). Pengaruh CR, DER dan ROE Terhadap harga saham pada perusahaan consumer goods periode 2018-2021. Jurnal Keuangan Dan Perbankan, 19(1), 27. https://doi.org/10.35384/jkp.v19i1.339
Ghozali, I., & Ratmono, D. (2020). Analisis Multivariat dan Ekonometrika - Prof Imam Ghozali, dkk.
Hanafi, M. M., & Halim, A. (2019). Analisa Laporan Keuangan. https://doi.org/10.1016/j.nrleng.2011.09.004
Salihi, S. S., Rasit, & J. (2023). Pengaruh profitabilitas dan leverage terhadap ketepatan waktu penyampaian laporan keuangan Di Bursa Efek Indonesia (BEI). JAK: Jurnal Akuntansi Dan Keuangan, 8(1), 30–43.
Spence, M. (1973). Job market signaling. The Quarterly Journal of Economics, 87(3), 355–374. https://doi.org/10.2307/1882010
Sugiyono. (2021). Metode Penelitian Kuantitatif Dan R&D (5 (1)).
Taslim, S. A., & Manda, G. S. (2021). Pengaruh net interest margin, non performing loan, dan capital adequacy ratio terhadap harga saham. E- Jurnal Ekonomi Dan Bisnis Universitas Udayana, 7(10), 612. https://doi.org/10.24843/Eeb.2021.V10.I07.P04
Yuliantin, A., & Aprianti, K. (2022). Analisis Pengaruh Gross Profit Margin (GPM), Return On Asset (ROA), Debt To Equity Rasio (DER) dan Net Profit Margin (NPM) terhadap pertumbuhan laba pada PT. Sat Nusa Persada Tbk. Jurnal Bina Manajemen, 11(1), 116–135. https://doi.org/10.52859/jbm.v11i1.222
