PENGARUH PROFITABILITAS, LIKUIDITAS DAN LEVERAGE TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The development of financial accounting research related to the ups and downs of circulating stock prices illustrates a company's strength to compete in the business world. In this research, researchers aim to determine the impact of profitability, liquidity and leverage on stock prices. This research is a quantitative study. The population in this survey is for the 2015-2019 listed food and beverage manufacturing companies listed on the Indonesia Stock Exchange (IDX). The sampling method used is a targeted sampling method with different predetermined criteria, there are 9 production companies in the food and beverage sub-sector. The research period is 2015-2019 or 5 years. Testing the hypothesis in this research using the method of multiple linear regression analysis using statistical statistical application for social sciences (SPSS) version 20.0 as a testing tool. Based on the yield of simultaneous tests that the variable profitability, liquidity and leverage have a significant impact on share prices. And the partial test results show that profitability and leverage variables have a significant positive impact on stock prices, while the liquidity variable has no significant impact on stock prices.