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Journal : JURNAL EKSBIS

THE ROLE OF STOCK PRICES IN MODERATING THE INFLUENCE OF PROFITABILITY, SOLVENCY, AND FIRM SIZE TO FIRM VALUE IN CONSUMER GOODS INDUSTRY SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE (IDX) 2015-2020 PERIOD Rida Aulia Novi Arisanty; Feri Dwi Riyanto
JURNAL EKBIS Vol 23 No 2 (2022): Jurnal Ekbis : Analisis,Prediksi dan Informasi
Publisher : Universitas Islam Lamongan

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Abstract

This study aims to analyze the effect of profitability, solvency, and firm size on firm value with stock price as a moderating variable. This research was conducted on consumer goods industrial sector companies listed on the Indonesia Stock Exchange (IDX) in 2015-2020. The number of samples in this study was determined by purposive sampling method so that the number of samples that met the criteria were 26 companies. The type of data used is secondary data obtained through www.idx.co.id. The data analysis method used is Panel Data Regression with the Moderated Regression Analysis (MRA) test using the Eviews 10 software application. The results show that profitability has a\ positive and significant effect on firm value, solvency has a positive and significant effect on firm value, and firm size has negative and significant effect on firm value, stock prices are able to moderate the relationship between profitability, solvency, and firm size on firm value.
Effect of Internal and External Factors on Stock Price in Companies That Conduct Rights Issue Riyanto, Feri Dwi; Habibie, Ahmad Farhan
JURNAL EKBIS Vol 24 No 1 (2023): EKBIS (Jurnal Analisis, Prediksi dan Informasi
Publisher : Universitas Islam Lamongan

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Abstract

This study aims to provide empirical evidence regarding the influence of internal factors (Rights issue, total assets, total liabilities) and external factors (world oil price, world gold price, exchange rate, fed interest rate) on stock prices in the capital market. This study used companies that conducted a Rights issue and were listed on the Indonesia Stock Exchange (IDX) from 2015 to 2021 with a total sample of 63 companies. The research method used is in the form of Generalized Least Square (GLS) analysis with white period weighting. Based on the results of each test, the study found that: 1) world oil prices have a significant influence on stock prices; 2) the Rights issue, exchange rate and interest rate of the Fed have a significant negative influence on the stock price; 3) total assets, total liabilities, and world gold price have no effect on stock prices.