PENGARUH RASIO LEVERAGE, LIKUIDITAS, AKTIVITAS DAN UKURAN PERUSAHAAN TERHADAP HARGA SAHAM PADA PERUSAHAAN TEKSTIL DAN GARMEN DI BEI

Abstract

Manufacturing company is one of the industries which focus on management of raw materials into finished products. At the beginning, this kind of company only fulfills public needs. As time goes by, the company develops and takes its role in supporting the country’s economy. Therefore, this research aimed to find out the leverage, liquidity, activities, and firm size on stock price of Textile and Garment companies which were listed on Indonesia Stock Exchange. The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 10 samples from 19 Textiles and Garments companies which were listed on Indonesia Stock Exchange during 2015-2019. Furthermore, the data analysis technique used multiple linear regression, classical assumption test, proper model test, and hypothesis test. The research result, based on hypothesis tests, concluded that leverage had a negative and significant effect on stock price. On the other hand, liquidity had a positive and significant effect on stock price. Likewise, activities had a positive and significant effect on stock price. Similarly, firm size had a positive and significant effect on stock price.
Keywords : leverage, liquidity, activities, firm size