Jurnal Ekonomi Bisnis Digital
Vol 2 No 2 (2023): Call for Paper Volume 2 Nomor 2 Juli 2023

Pengaruh Debt to Eguity Ratio (DER) Terhadap Harga Saham pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia (BEI) periode 2019-2021

Irwan Kejar Iman Teguh Hulu (Universitas Prima Indonesia)
Hendra Nazmi (Universitas Prima Indonesia)
Jhon Raphael Saragih (Universitas Prima Indonesia)



Article Info

Publish Date
25 Jul 2023

Abstract

The purpose of this study is to determine and describe the effect of the debt to equity ratio (DER) on the stock prices of manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2019-2021 period. The research method used is quantitative. The type of research used is quantitative descriptive research. This research is explanatory. Samples were taken using the Purposive Sampling method in the form of 56 manufacturing companies on the Indonesia Stock Exchange (IDX) during the 2019-2021 period. These results indicate that the DER variable has an effect on stock prices. This proves to be significant above 0.05. So when DER goes up, it affects stock prices. Simple regression analysis for this study gives a simple regression equation Y = 253.635 + 0.480. Then the determination test gives a correlation value (R) of 0.238 or 23.8% which indicates that the dependent variable and independent variable are positively correlated, meaning that if the DER increases, the stock price will also increase. The value of the coefficient of determination (adjusted R2) can have a DER effect on the dependent variable (stock price) which is indicated by R2 which is equal to 0.057.Keywords: Debt to Equity Ratio Stock Price

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Journal Info

Abbrev

jebidi

Publisher

Subject

Economics, Econometrics & Finance Education Other

Description

Jurnal Ekonomi Bisnis Digital adalah Jurnal Nasional dalam bidang ilmu ekonomi bisnis digital. Jurnal Ekonomi Bisnis Digital JEBIDI terbit tiga kali setahun, yaitu pada bulan Maret, Juli dan Nopember. JEBIDI bertujuan untuk mempromosikan hasil penelitian di bidang ekonomi bisnis digital yang ...