Khamidatuzzuhriyah Syamsul Bachri
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DETERMINASI FAKTOR YANG MEMPENGARUHI BETA SAHAM DENGAN DER SEBAGAI VARIABEL MODERATING  Khamidatuzzuhriyah Syamsul Bachri
Jurnal Ilmiah Wahana Akuntansi Vol 15 No 1 (2020): Jurnal Ilmiah Wahana Akuntansi
Publisher : Fakultas Ekonomi, Universitas Negeri Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (589.158 KB) | DOI: 10.21009/wahana.15.011

Abstract

The purpose of this study was to analyze about the effect of liquidity, asset growth, firm size, and return on assets on beta stock with a debt to equity ratio as a moderating variable. The population of this study was non-financial companies in the LQ-45 indexon the Indonesia Stock Exchange (BEI) in period 2014-2018 was 69 companies. Based on the purposive sampling method, the samples that included in the study criteria were 22 companies (110 units of analysis with 5 years). Data analysis methods using moderation regression analysis (MRA) with IBM SPSS 21 analysis software.The results of this study showed that liquidity and return on assets have a positiveeffect but not significant on beta stock, firm size has a negative effect but not significant on beta stock. However, asset growth showed a positive effect and significant on beta stock. In addition, the debt to equity ratio was able to moderate the effect of asset growth and firm size on beta stock. However, the debt to equity ratio was not able to moderate the effect of liquidity and return on assets on beta stock.