PENGARUH KEBIJAKAN DIVIDEN, LEVERAGE KEUANGAN DAN PROFITABILITAS TERHADAP HARGA SAHAM PERUSAHAAN MANUFAKTUR DI BEI
ABSTRACT: This research was
conducted to know influence Dividend Payout Ratio (DPR), Debt to Equity Ratio
(DER), and Return On Equity (ROE) with stock price. Population used in this
study were manufacturing companies went public, in which the research period in
2007-2010 and 130 samples obtained as a manufacturing company obtained by
purposive sampling technique. Data taken from the Indonesian Capital Market
Directory (ICMD) and financial statements. There are two variables that lifted
the stock price as the dependent variable and the DPR, DER, and ROE as an
independent variable. Data analysis
technique used is multiple linear regression analysis. The results showed that DPR
and DER has a significant
influence on stock
prices. And ROE
do not have
a significant effect
on stock prices.
In the partial testing, variables significantly
influence DPR with a significance level of 0.000 <0.05 and DER have a
significant effect with a significance
level of 0.000
<0.05. While the
ROE variable has
no effect, this
can be seen
from the level
of significance greater than α, that is 0.000 <0.05.
Keywords: Dividend Payout
Ratio, Debt to Equity Ratio, Return On Equity, Stock Price
Penulis: ARIEF WILIANTO
Kode Jurnal: jpakuntansidd120080
