Abstract

Author:
Girang Permata Gusti, Hilda

Doi: 10.26480/mbmj.01.2024.06.11

This is an open access article distributed under the Creative Commons Attribution License CC BY 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

The research aims to analyze the factors affecting the price movements of the stocks in Indonesia. The Data is collected from the financial statements of 100 companies listed on the Indonesia Stock Exchange period 2014 to 2017. The components of the financial statements referenced in this study are company debt, company activity, and company profitability. The company’s debt data is measured through a variable debt-to-asset ratio, the company’s activity data is measured through the variable price book value and price earning ratio, as well as the company’s profitability data is measured through the net profit margin and return on asset variables. Using the method of data regression analysis panel, with the analysis tool using the software EViews 9. The selection results showed the fixed effect type as the best model, based on this model it was concluded that there is no variable in the research model which has a significant effect on the price movements of stocks in Indonesia.