PERMANA : Jurnal Perpajakan, Manajemen, dan Akuntansi
Vol. 17 No. 3 (2025): Special Issue

Pengaruh Debt To Equity Ratio, Return On Asset, Managerial Ownership, dan Sales Growth Terhadap Harga Saham

Elyanto, Mentari Pramudyani (Unknown)
Indrati, Menik (Unknown)



Article Info

Publish Date
02 Aug 2025

Abstract

This study aims to examine the influence of financial ratios on stock prices. The four selected financial ratios are Debt to Equity Ratio, Return on Assets, Managerial Ownership, and Sales Growth, which serve as the independent variables, while stock price functions as the dependent variable. The research focuses on food and beverage sub-sector companies listed on the Indonesia Stock Exchange during the 2021–2023 period. A total of 144 samples were selected, consisting of 38 companies that met the established criteria. The results of this study indicate that only Return on Assets has a positive influence on stock prices, while the other independent variables are found to have no significant effect. These findings highlight the importance of profitability indicators in shaping market perception of a company's stock price, particularly within the food and beverage sub-sector. Therefore, this study can serve as a basis for companies and investors in making decisions to achieve their respective goals.

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Journal Info

Abbrev

permana

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Taxation Science Corporate Tax Individual Tax Accounting and Planning Taxes and Business Strategy Taxation Procedures for Estates, Trusts and Partnerships Financial Accounting Taxation Procedures for C Corps and S Corps Payroll and Business Tax Accounting Management Science Marketing Financial ...