Main Article Content

Abstract

The purpose of this study is to examine the effect of Return on Assets (ROA), Return on Equity (ROE) and Debt to Equity Ratio (DER) simultaneously (together) on stock prices. as well as to test the effect of Return on Assets (ROA), Return on Equity (ROE) and Debt to Equity Ratio (DER) partially (each) on stock prices. This study has a population that is in the form of financial statements of hotel, restaurant and tourism industry group companies listed on the Indonesia Stock Exchange (IDX) in 2018 as many as 25 company units. This type of research is called cross-section, namely the financial statements taken can be one while there are many companies. Saturated sampling is one of the techniques carried out in this study, namely by sampling all members of the population, this is done because the population is relatively small. The company data samples obtained from the hotel, restaurant and tourism industry group were 25 company units. Secondary data in this study was obtained from the 2018 Indonesian Capital Market Directory (ICMD), namely in the form of financial reports published on the Indonesian Stock Exchange (IDX). The analytical tool used is the classical assumption test and hypothesis testing using the f-test simultaneously, partial t-test with a significance level of 5%. The results of the study show that return on assets, return on equity, debt to equity ratio either partially or simultaneously have no significant effect on stock prices.

Keywords

ROA ROE DER STOCK PRICE

Article Details

How to Cite
Takhyudin, Y., & Yuhaprizon, Y. (2024). The Influence Of Return On Assets (ROA), Return On Equity (ROE), And Debt To Equity Ratio (DER) On Stock Prices In Restaurant, Hotel And Tourism Companies Listed On The Indonesian Stock Exchange Period 2018. Fin Sinergy: Jurnal Manajemen Keuangan, 2(1), 35-44. https://doi.org/10.56457/fin.v2i1.602

References

  1. Azis, M. (2015). Manajemen Investasi Fundamental, Teknikal, Prilaku Investor dan Return Saham. Deepublish.
  2. Dewi, N. S., & Suwarno, A. E. (2022). PENGARUH ROA, ROE, EPS DAN DER TERHADAP HARGA SAHAM PERUSAHAAN. 1.
  3. Filbert, R. (2016). Investor Blueprint, Peta Sukses Investasi Ala Investor Dunia. PT Elex Media Komputindo.
  4. Ghozali. (2016). Aplikasi Analisis Multivariete Dengan Program IBM SPSS. Universitas Diponegoro.
  5. Kasmir. (2016). Analisis Laporan Keuangan. Rajawali Pers.
  6. Siyoto, S., & Sodik, M. A. (2015). Dasar Metodologi Penelitian. Literasi Media Publishing.
  7. Sudana, I. M. (2015). Manajemen Keuangan Teori dan Praktik. Airlangga University Pers.
  8. Sugiyono. (2016). METODE PENELITIAN KUANTITATIF, KUALITATIF DAN R&D. Alfabeta.
  9. Sukamulja, S. (2017). Analisis Laporan Keuangan Sebagai Dasar Pengambilan keputusan Investasi. Andi.
  10. Ukhriyawati, C. F., & Pratiwi, M. (n.d.). PENGARUH RETURN ON ASSET (ROA), DEBT TO EQUITY RATIO (DER) DAN EARNING PER SHARE (EPS) TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTI DI BURSA EFEK INDONESIA.