Journal of Research and Publication Innovation
Vol 2 No 3 (2024): JULY

PENGARUH RETURN ON ASSET (ROA) DAN DEBT TO ASSET RATIO (DAR) TERHADAP HARGA SAHAM (Pada Perusahaan Sektor Properti dan Real Estate yang Terdaftar di Bursa Efek Indonesia Periode 2016-2023)

Putri, Tiara Amelia (Unknown)
Sawukir (Unknown)



Article Info

Publish Date
08 Aug 2024

Abstract

This study aims to determine whether there is an effect of Return On Asset (ROA) and Debt to Asset Ratio (DAR) on Stock Prices in Property and Real Estate Sector Companies listed on the Indonesia Stock Exchange for the Period 2016 - 2023. The method in this research is quantitative type with descriptive method. The data analysis technique used is multiple linear regression and hypothesis testing using t-statistics to test partial regression coefficients and using f-statistics to calculate objections together (simultaneously) with a significant level of 5%. In addition, a classical assumption test is also carried out which includes normality test, multicorelity test, heteroscedasticity test and autocorrelation test. The results showed that Return On Asset (ROA) produced a significance value of 0.3849> 0.05 and tcount 0.876079 < t table 2.00575. it can be concluded that Return On Asset (ROA) has no effect on stock prices. While the Debt to Asset Ratio (DAR) produces a significance value of 0.0002 <0.05 and tcount -4.045130> t table 2.00575, it can be concluded that the Debt to Asset Ratio (DAR) has an effect on stock prices. Then Return On Asset (ROA) and Debt to Asset Ratio (DAR) simultaneously obtained a value (f-statistic) of 0.000577 <0.05 and fcount 8.612737> ftabel 2.171626. it can be concluded that in a simultaneous variable that Return On Asset (ROA) and Debt to Asset Ratio (DAR) have a significant effect on stock prices.

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Journal Info

Abbrev

JORAPI

Publisher

Subject

Computer Science & IT Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Journal of Research and Publication Innovation is a multidisciplinary and scientific research journal that publishes research papers, review papers, case reports, case studies, book reviews, theses, dissertation works, etc. Published 4 times a year, every January, April, July and ...