Muspa Muspa
Institut Bisnis dan Keuangan Nitro

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

INCREASING STOCK PRICES : THE ROLE OF LEVERAGE AND DIVIDEND POLICY Muspa Muspa
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 7, No 2 (2023): IJEBAR, VOL. 07 ISSUE 02, JUNE 2023
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v7i2.8277

Abstract

Abstract : This study aims to determine the role of leverage and dividend policy in increasing stock prices. The stock price is important because it can be used to assess the condition of a company and become a reference for investors to invest in the company. The population in this study are all manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2021 period. The sampling technique used purposive sampling method in order to obtain 230 manufacturing companies. All data is processed using Structural Equation Modeling analysis based on Partial Least Square. The results of this study indicate that leverage has a positive effect on dividend policy. In addition, leverage and dividend policy have a positive effect on stock prices. Or stated, the dividend policy succeeded in mediating the effect of leverage on stock prices. Keywords: Leverage, Dividend Policy, Stock Prices