PENGARUH RETURN ON ASSET, RETURN ON EQUITY, DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM (STUDI PADA PERUSAHAAN TELEKOMUNIKASI YANG TERDAPAT DI BURSA EFEK INDONESIA)

Abstract

This study aims to test the impact of the return on asset (ROA), the return on equity (ROE), and the debt to equity ratio (DER) toward the share price of the telecommunication companies in Indonsesia’s stock exchange. the population of this study applies 6 telecommunication companies in Indonesia’s stock exchange during 2014-2019 period. The type of this study is causal comparative. The study applies the saturation sampling which its population are homogen, chosen based on the criteria, so there are 5 companies as the samples. The analysis of this study applies the multiple linear regression method with SPSS version 25. Based on the result of the hypothesis test (t-test), it shows that the return on asset (ROA) give positive and significant impacts to share price of the telecommunication companies. the return on equity (ROE) give positive and significant impacts to share price of the telecommunication companies. the debt to equity ratio (DER) give positive and significant impacts to share price of the telecommunication companies.
Keywords: return on asset (ROA), return on equity (ROE), debt to equity ratio (DER), share price.