PENGARUH WORKING CAPITAL TO TOTAL ASSET DAN DEBT TO ASSET RATIO TERHADAP HARGA SAHAM DENGAN RETURN ON ASSET SEBAGAI VARIABEL MEDIASI PADA SUB SEKTOR INDUSTRI PLASTIK DAN KEMASAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2016-2021

ROSDA, 1900861201229 (2023) PENGARUH WORKING CAPITAL TO TOTAL ASSET DAN DEBT TO ASSET RATIO TERHADAP HARGA SAHAM DENGAN RETURN ON ASSET SEBAGAI VARIABEL MEDIASI PADA SUB SEKTOR INDUSTRI PLASTIK DAN KEMASAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2016-2021. skripsi thesis, Universitas BATANGHARI Jambi.

Text (PENGARUH WORKING CAPITAL TO TOTAL ASSET DAN DEBT TO ASSET RATIO TERHADAP HARGA SAHAM DENGAN RETURN ON ASSET SEBAGAI VARIABEL MEDIASI PADA SUB SEKTOR INDUSTRI PLASTIK DAN KEMASAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2016-2021) ROSDA1900861201229.pdf - Published Version Download (1MB)

Abstract

ABSTRACT This study aims to determine the effect of Working Capital to Total Assets (WCTA) and Debt to Asset Ratio (DAR) on Return On Assets (ROA), the effect of Working Capital to Total Assets (WCTA) and Debt to Asset Ratio (WCTA) on Stock Prices , the effect of Working Capital to Total Assets and Debt to Asset Ratio on Stock Prices with Return On Assets (ROA) as a mediating variable. 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 statements of companies in the Plastics and Packaging Industry Sub Sector that were registered on the Indonesia Stock Exchange for the 2016- 2021 period. The sample for this research is a company registered in the Plastics and Packaging industry in the 2016-2021 period using a purposive sampling method. Of the 10 companies selected, 5 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: WCTA has a significant effect on ROA, DAR has a significant effect on ROA, WCTA has a significant effect on stock prices, DAR has a significant effect on stock prices, ROA has no significant effect on stock prices. Based on the results of the study it can be concluded that WCTA and DAR simultaneously have a significant effect on ROA. WCTA has a direct effect on ROA, the magnitude of the direct effect is 36.2404% and the indirect effect is 7.7618%. and the total influence of 44.0022%. DAR has a direct effect on ROA, the magnitude of the direct effect is 2.9241%. and indirect effect of 7.7618%. and the total influence of 10.6859%. WCTA and DAR simultaneously have a significant effect on stock prices. WCTA has a direct effect on stock prices, the magnitude of the direct effect is 52.9984%. and indirect effect of -56.0439%. and the total influence of -3.0455%. DAR has a direct effect on stock prices, the magnitude of the direct effect is 104.2441%. and the indirect effect is - 56.0439% and the total effect is 48.2002%. ROA has an insignificant effect on stock prices with a large influence of 4.1616%. WCTA and DAR through ROA on share prices have an influence of -2,19%

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