PENGARUH INFLASI DAN LONG TERM DEBT TO EQUITY RATIO TERHADAP RETURN ON EQUITY DAN DAMPAKNYA TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR PULP & PAPER YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021

Regiani, 1900861201008 (2023) PENGARUH INFLASI DAN LONG TERM DEBT TO EQUITY RATIO TERHADAP RETURN ON EQUITY DAN DAMPAKNYA TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR PULP & PAPER YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021. skripsi thesis, Universitas BATANGHARI Jambi.

Text (PENGARUH INFLASI DAN LONG TERM DEBT TO EQUITY RATIO TERHADAP RETURN ON EQUITY DAN DAMPAKNYA TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR PULP & PAPER YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021) Regiani.pdf - Published Version Download (9MB)

Abstract

ABSTRACT REGIANI / 1900861201008 / FACULTY OF ECONOMICS BATANGHARI JAMBI / THE EFFECT OF INFLATION AND LONG TERM DEBT TO EQUITY RATIO ON RETURN ON EQUITY AND THE IMPACT ON STOCK PRICES IN PULP & PAPER SUB-SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE ON THE 2017-2021 PERIOD / 1st ADVISOR DR. ALI AKBAR, SE, MM, CRP / 2nd ADVISOR AHMADI, SE, MM. The purpose of this research in know the effect of inflation and long term debt to equity ratio on return on equity and the impact on stock prices in pulp & paper sub-sectors on the 2017-2021 period. This research is not only to analyze the simultaneously and partially effects but also the direct and indirect effects. This research is a descriptive quantitative research and analysis tool used in this research is path analysis is useful to know the direct and indirect influence by using correlation. The data analysis is done though several stages of data analaysis, including is following : 1. Normality test, 2.Path Analysis, 3.Testing Statistical Hypoteses with the F test, t test and test determinant coefficient. The population in this research consisted of 9 companies from Pulp and Paper Sub Sector which are listed on the Indonesia Stock Exchange.There are 6 companies that will be used in this study, that previously selected using the purposive sampling method. Path analysis is used to know the direct and indirect impact between dependant variable and independent variable. The direct and indirect influence variable inflation (X1) and variable long term debt to equity ratio (X2) to return on equity (Y) is 9,052 %. The second path analysis structure shows that the total of direct and indirect effects of inflation (X1) and long term debt to equity ratio (X2) to stock prices (Z) is 62,829%. The third path analysis shows that the total of direct and indirect effects return on equity to stock price is 10,176%.The fourth path analysis the direct influence between variable inflation (X1) and variable long term debt to equity ratio (X2) to stock prices (Z) is 77,027 % and the direct influence variable inflation (X1) and variable long term debt to equity ratio (X2) to stock prices (Z) through the variable return on equity (Y) is decreased by 0,4916%, so that to the total indirect effect is 81,943%. It can be concluded that the results of this study is the effect of inflation (X1) and long term debt to equity (X2) on stock price (Z) through the return on equity (Y) is 81,943% and the research beyond the variabel is 18,057%, which is the contribution of other variables beyond the existing research variables.

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