Jurnal Mahasiswa Entrepreneur
Vol 2 No 2 (2023): FEBRUARI 2023

ANALISIS FAKTOR – FAKTOR YANG MEMPENGARUHI HARGA SAHAM MELALUI RETURN ON EQUITY SEBAGAI VARIABEL INTERVENING PADA SEKTOR PERTANIAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2017 – 2021

Muhammad Afifuddin (Universitas Abdurachman Saleh Situbondo)
Ika Wahyuni (Universitas Abdurachman Saleh Situbondo)
Ida Subaida (Universitas Abdurachman Saleh Situbondo)



Article Info

Publish Date
09 Jun 2023

Abstract

The agricultural sector is a company that manages and utilizes land to become useful land to meet needs. Companies need a plan in achieving company goals. The company's goal is to maintain profits and better profits to maintain the company's development. The purpose of this study was to analyze and test the Cash Ratio and Debt to Equity Ratio to stock prices in the agricultural sector through Return on Equity. Analysis of hypothesis testing data in this study used the Structural Equation Model - Partial Least Square (PLS-SEM). The results of the direct effect hypothesis test using the PLS 3.0 application show that Cash Ratio has a negative but not significant effect on Return On Equity, Debt to Equity Ratio has a negative but not significant effect on Return On Equity, Cash Ratio has no positive but not significant effect on stock prices, Debt to Equity Ratio has a significant positive effect on stock prices, Return On Equity has a positive but not significant effect on stock prices. The results of the indirect effect hypothesis test show that the Cash Ratio variable has a negative but not significant effect on stock prices through Return on Equity, Debt to Equity Ratio has a positive but not significant effect on stock prices through Return on Equity.

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Journal Info

Abbrev

jme

Publisher

Subject

Economics, Econometrics & Finance Electrical & Electronics Engineering Social Sciences

Description

Jurnal Mahasiswa Entrepreneurship (JME) Fakultas Ekonomi dan Bisnis Universitas Abdurachman Saleh Situbondo adalah jurnal yang ditulis oleh mahasiswa FEB UNARS sebagai jembatan antara ilmu dan praktek manajemen. JME mempublikasikan artikel baik berupa telaah pustaka maupun hasil penelitian empiris. ...