PENGARUH STRUKTUR MODAL DAN PERTUMBUHAN PERUSAHAAN TERHADAP HARGA SAHAM
Abstract
The company objectives is to gain maximum profit, the company performance can influence share price in
capital market. Basically every company will always need the capital for company growth. The purpose of the
research to examine the influence of capital structure and company growth to the share price.The samples are
food and beverages companies in 2012-2015 periods. The total population is 15 food and beverages companies, 12
food and beverages companies have been selected as samples after the sample selection process has been carried
out by using purposive sampling. This research applies secondary data analysis, the data has been analyzed by
using multiple regression both partial (t test) and simultaneous (F test). The path analysis has been performed
by using the SPSS 22
.The result of the research of capital structure through DER shows that the significance
value is 0.0383 > 0.05 which means that there is no significant influence. Meanwhile the company growth
through ROA shows 0.000 < 0.05 which means that there is significant influence. It has been found from the
results of the F test that the DER and the ROA, simultaneously have significant influence to the enhancement of
share price. It is suggested that the following research is recommended to add the independent variables so it can
be known whether there are other variables which give influence the share price or not.
nd
Keywords:
The company objectives is to gain maximum profit, the company performance can influence share price in
capital market. Basically every company will always need the capital for company growth. The purpose of the
research to examine the influence of capital structure and company growth to the share price.The samples are
food and beverages companies in 2012-2015 periods. The total population is 15 food and beverages companies, 12
food and beverages companies have been selected as samples after the sample selection process has been carried
out by using purposive sampling. This research applies secondary data analysis, the data has been analyzed by
using multiple regression both partial (t test) and simultaneous (F test). The path analysis has been performed
by using the SPSS 22
.The result of the research of capital structure through DER shows that the significance
value is 0.0383 > 0.05 which means that there is no significant influence. Meanwhile the company growth
through ROA shows 0.000 < 0.05 which means that there is significant influence. It has been found from the
results of the F test that the DER and the ROA, simultaneously have significant influence to the enhancement of
share price. It is suggested that the following research is recommended to add the independent variables so it can
be known whether there are other variables which give influence the share price or not.
nd
Keywords: capital structure, company growth and share price.
