PENGARUH LIKUIDITAS, SOLVABILITAS, PROFITABILITAS, AKTIVITAS DAN KEBIJAKAN DIVIDEN TERHADAP HARGA SAHAM PERUSAHAAN SUBSEKTOR SEMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

Authors

  • Juma Riah Universitas Nagoya Indonesia
  • Oktavianti Oktavianti Universitas Riau Kepulauan
  • Catur Fatchu Ukhriyawati Universitas Riau Kepulauan

Keywords:

Liquidity, Solvency, Profitability, Activity and Dividend Policy

Abstract

This study aims to determine and analyze the effect of liquidity, solvency, profitability, activity and dividend policy on share prices of cement sub-sector companies listed on the Indonesia Stock Exchange (IDX). The population of this research was 7 companies. Sampling used a purposive sampling technique where the number of samples was 6 companies during the 2017-2022 period. Then in this research an outlier occurred because there was data with extreme values. This research is a quantitative research. Data was obtained through secondary data obtained from the Indonesian Stock Exchange and ICMD websites. Data analysis in this study used descriptive statistical analysis tests, classic assumption tests, hypothesis testing, namely the t test, f test and the coefficient of determination using SPSS 21 software . The results of this research show that partially liquidity and activity have a positive and significant influence on stock prices. Meanwhile, solvency, profitability and dividend policy do not have a significant effect on share prices. Simultaneously liquidity, solvency, profitability, activity and dividend policy simultaneously affect stock prices. The independent variable was able to explain 69.1% while the remaining 30.9% was explained by other variables that were not included in this research.

Author Biographies

Juma Riah, Universitas Nagoya Indonesia

Department of Management

Oktavianti Oktavianti, Universitas Riau Kepulauan

Department of Management

Catur Fatchu Ukhriyawati, Universitas Riau Kepulauan

Department of Management

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Published

30-11-2024