Pengaruh Current Ratio, Return On Equity, Earning Per Share, dan Debt To Equity Ratio Terhadap Harga Saham pada Perusahaan Infrastruktur yang Terdaftar di Bursa Efek Indonesia

Abstract

This study aims to determine the effect of the Current Ratio, Return On Equity, Earning Per Share, and Debt to Equity Ratio on the Stock Prices of Infrastructure Companies listed on the IDX for the 2018—2021 period. This study uses quantitative methods. the data source is secondary data, namely in the form of financial statements of infrastructure companies listed on the IDX for the 2018-2021 period. The type of research used is causal associative. The sampling technique used is purposive sampling technique. The total sample was 173 samples. The data analysis techniques used are classical assumption test, hypothesis testing, and panel data regression analysis. The results of the study show that partially the current ratio and return on equity have no significant effect on stock prices in infrastructure companies listed on the IDX for the 2018-2021 period. Meanwhile, earnings per share and debt to equity ratio have a significant influence on stock prices in infrastructure companies listed on the IDX for the 2018-2021 period. Simultaneously, the current ratio, return on equity ratio, earnings per share, and debt to equity ratio have a significant influence on stock prices in infrastructure companies listed on the IDX for the 2018-2021 period.

Determinants of Firm Value for Wholesale Sub-Sector Companies in 2016-2019 With Behavioral Accounting Approach

“…This model (TOT) is the optimal capital structure that can be found by balancing the benefits of using debt with the costs of bankruptcy and agency problems. This model cannot determine the optimal capital structure precisely because it is difficult to determine precisely the Present Value of bankruptcy costs and the Present Value of agency costs (Irman, Okalesa, & Hadi, 2018).…”