ANALISIS HUBUNGAN PROFITABILITAS TERHADAP HARGA SAHAM DENGAN LEVERAGE KEUANGAN SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2017-2021

Abstract

This study aims to determine and analyze the relationship between Profitability and stock prices with Financial Leverage as a moderating variable and Company Size and Company Age as control variables in banking companies listed on the IDX for the 2017-2021 period. The method in this research is descriptive quantitative. The sampling method used purposive sampling, namely 185 data. The relationship between these variables is explained using the Multiple Linear Regression analysis method. The results of the analysis in this study stated that ROA and SIZE had a significant positive effect on stock prices, ROE had no significant effect on stock prices, ROI, DAR and AGE had a significant negative effect on stock prices, DAR was not able to moderate the relationship between ROA and ROI on stock prices, DAR able to moderate the relationship between ROE and stock prices.