Jurnal Manajemen USNI
Vol 12 No 1 (2026): Jurnal Manajemen USNI-Volume 12 No 1 Agustus 2026

PENGARUH KEPEMILIKAN INSTITUSIONAL DAN PROFITABILITAS TERHADAP HARGA SAHAM: (Studi Empiris pada Perusahaan Subsektor Farmasi yang Terdaftar di Bursa Efek Indonesia Periode 2017-2024)

Safira Suryani (Universitas Pamulang)
Saksono Budi (Universitas Pamulang)



Article Info

Publish Date
30 Aug 2026

Abstract

This study was conducted to assess and provide evidence on how institutional ownership and profitability affect stock prices in pharmaceutical subsector companies listed on the Indonesia Stock Exchange from 2017 to 2024. Using a purposive sampling method, eight companies were selected based on the research criteria. Data were analyzed using multiple linear regression. The partial test results show that institutional ownership has a positive and significant effect on stock prices. Profitability, measured by Return on Assets (ROA), is also proven to have a positive and significant effect on stock prices. Furthermore, the simultaneous test results indicate that institutional ownership and profitability together have a positive and significant effect on stock prices.

Copyrights © 2026






Journal Info

Abbrev

manajemen

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Industrial & Manufacturing Engineering

Description

The USNI Management Journal is a Scientific Journal with the aim of publishing the latest issues and developments in the form of articles on the results of research on theory development and its implementation, as well as other scientific studies related to the field of Management. The USNI ...