PENGARUH DEBT TO ASSET RATIO DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM DENGAN LABA BERSIH SEBAGAI MEDIATOR PADA INDEKS IDX30 DI BURSA EFEK INDONESIA PERIODE 2017-2021

Rizka Meivani, 1900861201227 (2023) PENGARUH DEBT TO ASSET RATIO DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM DENGAN LABA BERSIH SEBAGAI MEDIATOR PADA INDEKS IDX30 DI BURSA EFEK INDONESIA PERIODE 2017-2021. skripsi thesis, Universitas Batanghari Jambi.

Text (Diajukan Untuk Memenuhi Salah Satu Syarat Guna Memperoleh Gelar Sarjana (S1) Pada Program Studi Manajemen Fakultas Ekonomi Universitas Batanghari Jambi) Rizka Meivani (1900861201227)-.pdf Download (3MB)

Abstract

ABSTRACT RIZKA MEIVANI/ 1900861201227/ MANAGEMENT/2023/ EFFECT OF DEBT TO ASSET RATIO AND DEBT TO EQUITY RATIO ON STOCK PRICE WITH NET INCOME AS MEDIATOR ON THE IDX30 INDEX ON THE INDONESIA STOCK EXCHANGE PERIOD 2017-2021/ 1st ADVISOR Dr. Ali Akbar, SE., MM., CRP®, CSA®/ 2nd ADVISOR Amilia Paramita, SE., M.Si. This study aims to determine the effect of Debt to Asset Ratio and Debt to Equity Ratio (DER) on Net Income, the effect of Debt to Asset Ratio and Debt to Equity Ratio (DER) on Stock Prices, the effect of Debt to Asset Ratio and Debt to Equity Ratio ( DER) on Share Price through Net Income. The type of data used in this research is secondary data which is quantitative in nature regarding annual financial reports and closing stock prices. The data in this study were obtained from the financial reports of companies on the Indonesia Stock Exchange that are listed in the IDX30 index group for the 2017-2021 period. The sample for this study is a company listed on the IDX30 index in the 2017- 2021 period using a purposive sampling method. Of the 30 companies selected, 12 companies met the criteria as the research sample. The analytical tool used in this research is path analysis. The results of this study indicate that: DAR has no significant effect on net income, DER has no significant effect on net income, DAR has a significant effect on stock prices, DER has a significant effect on stock prices, net income has no significant effect on stock prices. Based on the results of the study it can be concluded that DAR (X1) and DER (X2) simultaneously have a significant effect on Net Income (Y). DAR (X1) has a direct effect on Net Income (Y), the magnitude of the influence is 0.0121% and the indirect effect is -0.4909212% and the total effect is -0.4788212%. DER (X2) has a direct effect on net income (Y), the direct effect is 21.3444% and the indirect effect is -0.4909212% and the total effect is 20.8534%. DAR (X1) and DER (X2) simultaneously have a significant effect on stock prices (Z). DAR (X1) has a direct effect on stock prices (Z), the magnitude of the direct effect is 353.44% and the indirect effect is -308.370384% and the total effect is 45.069616%. DER (X2) has a direct effect on stock prices (Z), the magnitude of the direct effect is 288.3204% and the indirect effect is -308.370384% and the total effect is -20.048884%. Net income has an insignificant effect on share prices with a large influence of 1.1236%. DAR (X1) and DER (X2) through Net Income (Y) on Share Price (Z) has an effect of 633.23%.

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