Pengaruh Volatilitas Laba, Leverage Keuangan, Kebijakan Dividen, dan Price to Book Value Terhadap Volatilitas Harga Saham

Sirait, Josua; Purwohedi, Unggul; Noviarini, Diena

doi:10.21009/japa.0202.12

Cited by 6 publications

(13 citation statements)

References 12 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The company's decision to distribute the profits earned during this period to shareholders in the form of dividends or to be retained in the form of retained earnings to be invested in the future is a dividend policy owned by each entity. According to previous studied, dividend policy has a significant positive effect on stock price volatility [2] and [3], but different from the results of studies [4], [5], [6], [7], and [8]. The greater the profit generate the more dividends distributed which indirectly increase the share price.…”

Section: Introductionmentioning

confidence: 73%

The Determinants of Stock Price Volatility in Plantation Industry in Indonesia During 2016-2020

Siawan,

Lukman

2023

ijaeb

View full text Add to dashboard Cite

Stock prices in the market can react quickly to information from the market. This information makes stock prices volatile. The purpose of this study is to analyze the effect of dividend policy, leverage, growth in assets, and auditor quality on stock price volatility in the plantation industry listed on the Indonesia Stock Exchange for the period 2016 to 2020. This study uses multiple linear analysis using SPSS, and data collection by purposive sampling. The data used in this study is 75 data from 15 companies. The results of this study show that dividend and leverage policies affect stock volatility, while asset growth and auditor quality have no effect on stock volatility. The implication of this research is that companies that want to maintain the volatility of their shares must regulate leverage and dividend policies which are positive signals for investors in investment decisions.

show abstract

Section: Introductionmentioning

confidence: 73%

The Determinants of Stock Price Volatility in Plantation Industry in Indonesia During 2016-2020

Siawan,

Lukman

2023

ijaeb

View full text Add to dashboard Cite

show abstract

“…The greater the dividend pay-out ratio, the greater the interest of investors to make purchases of these shares before the cum date. After the cumdate, investors are selling the shares again (Sirait et al, 2021). Dividend pay-out ratios that have a high value give a positive signal to investors so that investors' desire to invest their shares in the company is getting bigger.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

“…Therefore, investors will also pay attention to the dividend pay-out ratio in investing. This is because dividends are one of the advantages for shareholders besides capital gains (Sirait et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

Does firm size can moderate the effect of dividend pay-out ratio and leverage on stock volatility?

Darmayanti¹,

Yadnyana²

2023

ijbem

View full text Add to dashboard Cite

This study aims to obtain empirical evidence regarding the effect of dividend pay-out ratio and leverage on stock volatility with firm size as a moderating variable. The theory used in this research is signal theory. This study takes a population of manufacturing companies listed on the IDX in 2017-2021. By using purposive sampling method in accordance with the specified criteria, researchers obtained 27 sample companies with 135 observations. The data analysis technique used is Moderated Regression Analysis (MRA). The research results obtained are the dividend pay-out ratio has a negative effect on stock volatility, leverage has no effect on stock volatility, firm size strengthens the negative relationship dividend pay-out ratio on stock volatility, firm size does not moderate the positive relationship of leverage on stock volatility.

show abstract

“…The company must set a target capital structure where the company gets a stable share price and bright future prospects. According to Sirait et al (2021), if the debt-to-equity ratio is below the optimum, you have to add debt, conversely, if the debt-to-equity ratio exceeds the optimum, you have to rely on equity.…”

Section: Leveragementioning

confidence: 99%

“…According to Sirait et al (2021), if the debt-to-equity ratio is below the optimum, you have to add debt, conversely, if the debt-to-equity ratio exceeds the optimum, you have to rely on equity. Companies that have a debt to equity ratio with a value greater than 1 does not mean that they are not performing well, but the company aims to take advantage of the debt taken to expand its business which is expected to have an impact on increasing income (Linda et al, 2022).…”

Section: Leveragementioning

confidence: 99%

The Influence of Internal and External Variables on Stock Price Volatility in the Manufacturing Sector in Indonesia

Sadrina¹,

Hady²,

Nalurita³

2023

IJSSHR

View full text Add to dashboard Cite

The problem with this study is that dividend policy, firm size, earnings per share, inflation, and exchange rate, all play important roles in stock price volatility and are important factors in determining financial planning decisions. The purpose of this study was to analyze the impact of stock price volatility on 45 manufacturing companies listed on the Indonesian Stock Exchange from 2016 to 2022. The methodology of this study was panel data regression analysis, using this type of time series data and a cross section of his data processing program using EViews 9, leading to a fixed effects model. The results and contributions of this study were in dividend payout ratio, dividend yield, firm size, leverage, earnings per share, inflation, and exchange rate variables all have a large impact on stock price volatility. Leverage and inflation variables had impact, but company size, payout ratio, dividend yield, earnings per share and price did not have impact on stock price volatility. The conclusion of this study was that corporate management can help increase stock price volatility by considering more important variables that affect stock price volatility. It also serves as an investment decision consideration for investors to predict which companies can generate the greatest returns.

show abstract

Pengaruh Volatilitas Laba, Leverage Keuangan, Kebijakan Dividen, dan Price to Book Value Terhadap Volatilitas Harga Saham

Cited by 6 publications

References 12 publications

The Determinants of Stock Price Volatility in Plantation Industry in Indonesia During 2016-2020

The Determinants of Stock Price Volatility in Plantation Industry in Indonesia During 2016-2020

Does firm size can moderate the effect of dividend pay-out ratio and leverage on stock volatility?

The Influence of Internal and External Variables on Stock Price Volatility in the Manufacturing Sector in Indonesia

Contact Info

Product

Resources

About