PENGARUH GOOD COPORATE GOVERNANCE, KINERJA KEUANGAN DAN SUKU BUNGA TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of Good Corporate Governance (GCG), Net Profit Margin (NPM), Return On Assets (ROA), and interest on the stock price. The GCG was measured by the company's audit committee. The research was quantitative. Moreover, the population was Coal Mining companies listed on the Indonesia Stock Exchange (IDX). The data collection technique used purposive sampling. In line with that, there were 10 companies as the sample. Furthermore, the data were taken for 5 years (2017-2021). In total, there were 50 data samples. The data analysis technique used multiple linear regression with SPSS 25. The result showed that ROA had a positive effect on stock price. It happened as the investors observed how efficiently the companies used their assets to earn a profit. However, GCG did not affect the stock price since the investors did not consider some committees in the companies. Likewise, NPM did not affect the stock price as the indicators were used to measure the profit in sales from which operational activities come. Similarly, interest did not affect the stock price because it was the companies’ external factor.