Sosio e-kons
Vol 10, No 1 (2018): Sosio e-Kons

Foreign ownership, financial leverage dan price to earning ratio (P/E)

Pristin Prima Sari (Universitas Sarjanawiyata Tamansiswa)
Sri Hermuningsih (Universitas Sarjanawiyata Tamansiswa Yogyakarta)



Article Info

Publish Date
25 May 2018

Abstract

This study aims to find empirical evidence of the influence of Financial Leverage, Foreign Ownership to Price ToEarning Ratio (P / E) on non-financial companies in Indonesia Stock Exchange (IDX) in 2012-2016. The samples in this research are 46 non-financial companies in Indonesia Stock Exchange in 2012-2016. Data in the form of panel with fixed effect method with inflation control variable and firm size. We use E-Views 9th Edition for analysis data. The results of this study simultaneously show that financial leverage with Debt to Equity (DER) as a proxy, foreign ownership, Inflation and firm size proportion have significant positive effect (0,000 significance) on price to earning ratio (P / E). Partially shows that Financial leverage has negativesignificant effect (significance 0.000) to P / E. Foreign ownership has negativesignificant effect (significance 0,000) to P / E. Inflation has no effect (significance 0.000) to P / E. Firm Size has negative significant effect (significance 0.000) to P / E. This research is useful for shareholders, corporate and government management in taking policies related to foreign ownership, financial leverage and price to earnings ratio (P / E).Keywords : Financial Leverage, Foreign Ownership, Price to Earning Ratio, IDX

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Journal Info

Abbrev

sosio_ekons

Publisher

Subject

Economics, Econometrics & Finance Education Social Sciences

Description

Sosio e-kons memuat berbagai artikel ilmiah meliputi Ilmu Sosial, Ekonomi, Sejarah dan Bimbingan Konseling. Semoga jurnal ilmiah ini memberikan kontribusi dalam diseminasi keilmuan Ilmu Sosial, Ekonomi, Sejarah dan Bimbingan dan Konseling sehingga memberikan manfaat teoritis bagi ilmuan dan manfaat ...