PENGARUH FREE CASH FLOW, FIRM SIZE, PROFITABILITAS DAN LEVERAGETERHADAP HARGA SAHAM

Abstract

This research aimed to examine and analyze the effect of Free Cash Flow, Firm Size, Return on Asset and Debt to Equity Ratio on the shares price. While, the population was Food and Beverages companies which were listed on The Indonesia Stock Exchange (IDX) 2014-2017. The research was quantitative. Moreover, the sampling collection technique used purposive sampling. Furthermore, according to the criteria given there were eleven companies as sample. In addition, the data used secondary in which taken from Indonesia Stock Exchange. For the data analysis technique, it used multiple linier regression. The research result, from the multiple linier regression analysis, concluded the Free Cash Flow, Firm Size and Return on Asset had positive effect on the shares price. While, Debt to Equity Ratio had negative effect on the shares price. Moreover, the classical assumption test had fulfilled the criteria given. Furthermore, the proper test model had been properly used. In addition, the Free Cash Flow and Debt to Equity Ratio had insignificant effect on the shares price. On the other hand, the Firm Size and Return on Asset had significant effect on the shares price.
Keywords: free cash flow, firm size, return on asset,debt to equity ratio, shares price