FAKTOR-FAKTOR PENENTU DALAM HARGA SAHAM PERUSAHAAN PROPERTI

Authors

  • Reza Muhammad Rizqi Univeristas Teknologi Sumbawa

DOI:

https://doi.org/10.58258/jisip.v7i1.4256

Keywords:

ROA, NPM, DER, and Stock Price

Abstract

The goal of this research was to determine if ROA, NPM, and DER play a role in the stock price formation process in the real estate industry from 2017-2021. Inductive, quantitative, and descriptive features all play a role in the research technique. Thirty firms listed in IDX's property sector match the requirements for inclusion in the sample, which was selected using a purposive selection method. Using a Partial Least Squares (PLS) model for data analysis on a Structural Equation Model (SEM). SmartPLS 3.0 was utilized to perform the PLS analysis. Based on the findings of this study, it can be concluded that ROA and NPM have a positive and negative influence on stock prices, respectively, but DER has no effect on stock prices. Rate of return, net profit margin, and dividend yield all have a role in determining stock prices. The corrected R2 value shows that this component explains 15.7% of the variance, while the remaining 84.3% is accounted for by independent variables.

Downloads

Published

2023-01-16

Issue

Vol. 7 No. 1 (2023): JISIP (Jurnal Ilmu Sosial dan Pendidikan) (Januari)

Section

Articles

License

Copyright Notice
Authors who publish with JISIP (Jurnal Ilmu Sosial dan Pendidikan) agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal. 
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.