PENGARUH DEBT TO EQUITY RATIO DAN RETURN ON ASSET TERHADAP HARGA SAHAM DENGAN DIVIDEND PAYOUT RATIO SEBAGAI VARIABEL INTERVENING
Main Author: | LESTARI, DINA |
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Format: | Thesis NonPeerReviewed Book |
Bahasa: | eng |
Terbitan: |
, 2015
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Subjects: | |
Online Access: |
https://eprints.untirta.ac.id/12941/1/2.%20PENGARUH%20DEBT%20TO%20EQUITY%20%20RATIO%20%20DAN%20RETURN%20ON%20ASSET%20TERHADAP%20HARGA%20SAHAM%20DENGAN%20DIVIDEND%20PAYOUT%20RATIO%20SEBAGAI%20VARIABEL~1.pdf https://eprints.untirta.ac.id/12941/ |
Daftar Isi:
- Dina Lestari / 5551100088 / Department of Management, Faculty of Economics / University of Sultan Ageng Tirtayasa / Effect of Debt to Ratio and Return On Asset on the Stock Price with Dividend Payout Ratio as an intervening variable (Case Study in Primary And Chemical Industry Company Listed on the Indonesia Stock Exchange Period 2009-2013) / Under the guidance of Dr. H. Fauji Sanusi, MM. and Gerry Ganika, SE, M,Sc. This research aims to evaluate the Effect of Debt to Ratio and Return On Asset on the Stock Price with Dividend Payout Ratio as an intervening variable (Case Study in Primary And Chemical Industry Company Listed on the Indonesia Stock Exchange Period 2009-2013). Population in this study as many as 60 companies and the number of samples used by 8 companies. The Sampling technique that is used is purposive sampling. The method used is the classic assumption test, Partial Test, Path Analyze, and Test Sobel. Based on the partial test results Debt to Equity Ratio have negative effect and significantly on the stock price with -t value < -t (-3.611 < -1.6839) with significantly under level of 5%. Based on the partial test results Return On Asset have negative not affect the stock price with -t value table < -t (-0.097 > -1.6839) with significantly greater level of 5%. Then for testing Path Analysis and Sobel Test generate that DPR can mediate DER or ROA to Stock Price, but has effect is not significantly.