Jurnal Riset Akuntansi Warmadewa
Vol. 4 No. 1 (2023): Jurnal Riset Akuntansi Warmadewa

PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO RETURN ON EQUITY DAN SALES GROWTH TERHADAP HARGA SAHAM

Made Arvin Ariantara (Fakultas Ekonomi dan Bisnis Universitas Warmadewa)
Ida I Dewa Ayu Mas Manik Sastri (Fakultas Ekonomi dan Bisnis Universitas Warmadewa)
I Wayan Gde Yogiswara Dharma Putra (Unknown)



Article Info

Publish Date
10 Jul 2023

Abstract

This study aims to determine the effect of Current Ratio, Debt to Equity Ratio, Return On Equity and Sales Growth on Stock Prices in Manufacturing Companies in the Consumer Non-Cyclicals Sector Listed on the Indonesia Stock Exchange (IDX) for the 2019-2021 period. The population in this study were 105 companies using a purposive sampling method to determine the sample based on the criteria so that a sample of 40 companies were obtained that met the requirements in this study. The main theories used in this study are agency theory and signaling theory. The data analysis technique used in this study is Multiple Linear Regression Analysis. Based on the results of the analysis that has been carried out, it can be seen that the results of this study are Current Ratio and Return On Equity have a positive and significant effect on stock prices. This indicates if the increase or decrease in the value of the Current Ratio and Return On Equity will affect stock prices. The Debt to Equity Ratio variable has a positive and insignificant effect on stock prices. This indicates that this ratio is not the ratio that investors pay attention to when investing. Meanwhile, Sales Growth has a negative and insignificant effect on stock prices. This indicates that an increase or decrease in the value of Sales Growth will not affect the rise and fall of stock prices

Copyrights © 2023






Journal Info

Abbrev

jraw

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Riset Akuntansi Warmadewa, ISSN: 2686-4851 (online) 2686-486X (Print), is a scienetific Journal of economy especially accounting science. Jurnal Riset Akuntansi Warmadewa published by accounting study program, Faculty of Economic, Universitas Warmadewa. This journal is also dedicated to ...