PENGARUH LIKUIDITAS, LEVERAGE, DAN PROFITABILITAS TERHADAP RESPON INVESTOR

Abstract

This research aimed to examine the effect of liquidity, leverage, and profitability on investors’ responses. The research was quantitative. Moreover, the population was Mining companies listed on the Indonesia Stock Exchange (IDX) during observation in 2020 until 2022. The data collection technique used purposive sampling. In line with that, there were 65 mining companies as the sample. Furthermore, the data analysis technique used multiple linear. The result showed that: (a) Current Ratio (CR) did not affect investors’ responses of Mining companies listed on IDX, since it did not considered by investors in their investment decisions, (b) Debt to Equity Ratio (DER) did not affect investors’ responses of Mining companies listed on IDX since the investors considered how debts or funds were used the companies, (c) Return On Equity (ROE) had a positive effect on investors’ responses of Mining companies listed on IDX because the companies were able to earn higher profits and gave return to the investors.