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Pengaruh Return on Equity, Non Performing Loan, dan Loan to Deposit Ratio Terhadap Harga Saham Faraghita, Ayu; Andar Febyansyah
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 7 No. 8 (2025): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v7i8.7657

Abstract

                The purpose of this study is to determine the effect of Return on Equity, Non Performing Loan and Loan to Deposit Ratio on Stock Prices in the Banking sector listed on the Indonesia Stock Exchange for the period 2021-2023. The implementation of this study uses an associative causality research design with secondary data types. The sampling technique used purposive sampling and obtained 30 companies that met the criteria from the population with a research period of 3 years, so that 90 sample data were obtained. This study uses a multiple linear regression analysis model. The results of the study show that Return on Equity has a positive effect on Stock Prices, Non Performing Loans have a negative effect on Stock Prices and Loan to Deposit Ratio has a negative effect on Stock Prices. Further researchers are expected to consider or add other variables that can affect Stock Prices such as Sales Growth, Dividend Policy, Inflation Rates and Interest Rates on different research objects. The implications in this study found that the ROE, NPL and LDR factors can be used as the main reference for Banking in an effort to increase Banking Stock Prices.
Pengaruh Pertumbuhan Penjualan, Intensitas Modal, Ukuran Perusahaan Dan Komisaris Independen Terhadap Penghindaran Pajak Sianturi, Bernaderti; Andar Febyansyah
JURNAL ECONOMINA Vol. 3 No. 8 (2024): JURNAL ECONOMINA, Agustus 2024
Publisher : LPPM Sekolah Tinggi Ilmu Ekonomi 45 Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55681/economina.v3i8.1397

Abstract

This study aims to examine the relationship between sales growth, capital intensity, company size and independent commissioners on tax avoidance. Using purposive sampling method on a population of companies that meet the criteria of 13 health industry companies listed on the IDX for the period 2020-2023 with 52 financial reports. Descriptive analysis and multiple linear regression are the data analysis tools used with the use of the SPSS version 29 data processing application. Tax avoidance as the dependent variable proxied by the Effective Tax Rate (ETR) is measured by the ratio between income tax expense and profit before tax. Sales growth is calculated by subtracting the current year's sales from the previous year's sales, and dividing by the previous year's sales. Capital intensity is measured by the ratio of total assets to total sales. Company size is calculated by Natural Logarithm (LN) multiplied by the company's total assets. Independent commissioners are calculated by the total independent commissioners divided by the total members of the board of commissioners. The results show that simultaneously sales growth, capital intensity and independent commissioners have a positive effect on tax avoidance. Partially, the variables of sales growth, capital intensity and company size do not produce a significant effect on tax avoidance; while the independent commissioner variable has a significant effect on tax avoidance
Pengaruh Current Ratio, Debt to Equity Ratio dan Net Profit Margin Terhadap Harga Saham Amirullah, Ade; Andar Febyansyah
SKeTsa Bisnis (e-jurnal) Vol 11 No 02 (2024): Sketsa Bisnis
Publisher : Universitas Yudharta Pasuruan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/jsb.v11i02.5504

Abstract

Abstract The purpose of this research is to examine the influence of the Current Ratio, Debt to Equity Ratio, and Net Profit Margin on the Stock Prices of coal mining companies listed on the Indonesia Stock Exchange during the 2021-2023 period. This study uses a causal associative research design with secondary data. The sampling technique employed is purposive sampling, resulting in a sample of 19 companies that meet the criteria from the population, covering a research period of 3 years, thus yielding 57 sample data points. This study utilizes a multiple linear regression analysis model. The results of the research indicate that the Current Ratio has no effect on Stock Prices, the Debt to Equity Ratio has a negative effect on Stock Prices, and the Net Profit Margin has a positive effect on Stock Prices. Future researchers are encouraged to consider or include other variables that may affect Stock Prices, such as Sales Growth, Leverage, Dividend Policy, Inflation Rate, Interest Rate, and the Indonesian Coal Index (HBA) on different research objects. The factor of Net Profit Margin can be used as a key reference for companies in efforts to increase their Stock Prices. Abstrak Tujuan penelitian ini untuk mengetahui pengaruh Current Ratio, Debt to Equity Ratio dan Net Profit Margin terhadap Harga Saham sektor pertambangan batubara yang terdaftar di Bursa Efek Indonesia periode 2021-2023. Pelaksanaan penelitian ini menggunakan desain penelitian asosiatif kausalitas dengan jenis data sekunder. Teknik pengambilan sampel menggunakan purposive sampling dan diperoleh sebanyak 19 perusahaan yang memenuhi kriteria dari jumlah populasi dengan periode penelitian 3 tahun, sehingga diperoleh sebanyak 57 data sampel. Penelitian ini memanfaatkan model analisis regresi linear berganda. Hasil penelitian menunjukkan Current Ratio tidak berpengaruh terhadap Harga Saham, Debt to Equity Ratio berpengaruh negatif terhadap Harga Saham dan Net Profit Margin berpengaruh positif terhadap Harga Saham. Peneliti selanjutnya diharapkan dapat mempertimbangkan atau menambah variabel-variabel lain yang dapat mempengaruhi Harga Saham seperti, Pertumbuhan Penjualan, Leverage, Kebijakan Dividen, Tingkat Inflasi, Tingkat Suku Bunga dan HBA pada objek penelitian yang berbeda. Faktor dari Net Profit Margin dapat dijadikan acuan utama bagi perusahaan dalam upaya untuk meningkatkan Harga Saham perusahaan.