PENGARUH CURRENT RATIO (CR), RETURN ON EQUITY (ROE), DAN INFLASI TERHADAP HARGA SAHAM

Abstract

This study aims to find out the impact of the Current Ratio (CR), the Return On Equity (ROE) and the inflation toward the share price of the Property and Real Estate companies which are registered in Indonesia’s Stock Exchange in 2015-2019. This study applies the purposive sampling which decides the samples by utilizing the determined criteria. From 64 companies, there are 10 required companies as the samples of this study. This study applies secondary data. The analysis data of this study is the multiple linear regression with SPSS version 23. The result of the classic assumption test throught the normality test, the multicollinearity test, the autocorrelation test, the heteroscedasity test indicate that all the applied variables in this study are appropriate for the classic assumotion and there is no fraud in this study, an also for the result of the appropriateness model that indicates the regression model in this study is appropriate to be applied. The result of the hypothesis test show that Current Ratio (CR) and the Return On Equity (ROE) give positive and significant impacts to the share price, while the inflation gives negative and insignificant impacts to the share price.
Keywords: current ratio, return on equity, inflation, share price.