PENGARUH DEBT TO EQUITY RATIO, RETURN ON ASSET DAN FIRM SIZE TERHADAP HARGA SAHAM PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to find out the effect of Debt to Equity Ratio (DER), Return On Asset (ROA), and firm size on the stock price of Food and Beverage companies listed on the Indonesia Stock Exchange (IDX).The research was quantitative. Moreover, the data were secondary, in the form of documentation of companies’ financial statements The population was Food and Beverage companies listed on IDX. Furthermore, the data collection technique used saturated sampling. In line with that, 11 Food and Beverage companies fulfilled the criteria as the sample. Additionally, the data were taken for 5 years (2018-2022). The data analysis technique used multiple linear regression with SPSS 26.The result of the hypothesis test showed that DER had a positive and significant effect on stock price. Likewise, ROA had a positive and significant effect on stock price. Similarly firm size had a positive and significant effect on the stock price of Food and Beverage companies listed on the Indonesia Stock Exchange.