PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM SEKTOR KOSMETIK DAN BARANG KEPERLUAN RUMAH TANGGA YANG TERDAFTAR DI BEI

Abstract

This research aimed to examine the effect of CR, DER, TATO, and ROE on stockprice of Cosmetics and Furniture
companies which were listed on Indonesia Stock Exchange (IDX) during 2016-2020. The population was
Cosmetics and Furniture companies which were listed on Indonesia Stock Exchange (IDX) during 2016-2020. In
order to have a homogeneous population, some criteria were given. Moreover, the data collection technique used
purposive sampling. In line with that, there were 6 samples from 7 Cosmetics and Furniture companies which
fulfilled the criteria. Furthermore, the data analysis technique used multiple linear regression, classical assumption
test, proper model test, and t-test with SPSS 25. The research result concluded that CR as well as TATO had a
positive and significant effect on stock price. In contrast, DER and ROE had a negative and insignificant effect on
stock price. Additionally, from F-test, it concluded that the model was properly used.