PENGARUH UKURAN PERUSAHAAN, STRUKTUR MODAL DAN KEPEMILIKAN MANAJERIAL TERHADAP HARGA SAHAM

Abstract

The company's ability to manage the company well and generate the profit as much as possible can be illustrated through the company's own stock price. High stock prices shows that more effective and efficient companies in running the operations so that can increase the optimal profit. If the company decreased in its operations then the stock price will also decrease.The object of this research aims to analyze the influence of the firm size, capital structure and managerial ownership of the company to the stock prices. The capital structure in this research has proxied by Dept to Asset Ratio through annual financial report of mining companies which is listed in Indonesia Stock Exchange.The sampling technique using purposive sampling technique at mining company which is listed in Indonesia Stock Exchange (BEI) during the 2011-2015 period and based on predetermined criteria obtained the sample as much as 5 mining companies. Data analysis technique in this research use multiple linear regression analysis with using SPSS 23 application tool to see contribution of each variable in influencing the stock price.The results of this research indicates that the firm size variables significantly positive influence on the stock prices, while the capital structure and managerial ownership have no significant positive influence on the stock prices. The influence of the firm size, capital structure and managerial ownership to stock price has determination value of 78,5% while the rest 21,5% influenced by other variable outside the regression.
Keywords: company size, capital structure managerial ownership.