PENGARUH CAPITAL STRUCTURE, FINANCIAL LEVERAGE, DAN PROFITABILITY TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) Abstraksi / Abstracts:
This study aimed to capital structure, financial leverage, and profitabilityflow effect either jointly or partially on the stock price of the manufacturing companies listed on the Indonesia Stock Exchange 2008-2012 period. The number of taken in this study were 40companies with the sampling technique used is purposive sampling. The empirical result of this study using the program Statistical Package for the Social Science (SPSS) by the method of multiple liniear regression analysis. Result from the study showed that profitability that measured by return on equity has positive effect on stock price then financial leverage that measured by debt ratiohas negative effect on stock price. While capital structurenot has effect on stock price. The results of this study are expected to be a reference for companies and investors in considering the decision to commit funding associated with stock price, the companies need to consider how to use financial leverage and profitability to increase company’s stock price.
Kata Kunci / Keywords:
capital structure, debt ratio, financial leverage, profitability, ROE, Stock Price.
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