PENGARUH UKURAN PERUSAHAAN, RETURN ON ASSET DAN STRUKTUR MODAL TERHADAP HARGA SAHAM PADA PT INDOFOOD SUKSES MAKMUR Tbk

Rudi Sanjaya; Nurulita Syafrida; Siti Nur’aidawati

doi:10.31293/rjabm.v10i1.9371

PENGARUH UKURAN PERUSAHAAN, RETURN ON ASSET DAN STRUKTUR MODAL TERHADAP HARGA SAHAM PADA PT INDOFOOD SUKSES MAKMUR Tbk

Rudi Sanjaya, Nurulita Syafrida, Siti Nur’aidawati

Abstract

This study aims to determine the effect of Company Size, Return on Assets, and Capital Structure on Stock Prices in the company PT Indofood Sukses Makmur Tbk Period 2013-2024 partially and simultaneously. The method used is descriptive quantitative with secondary data from annual financial reports and the official website of the Indonesia Stock Exchange. Data analysis uses the classical assumption test, linear regression, as well as the t test, F test, and coefficient of determination. The results of the study show partially, Company Size with a calculated t value 5.422> t table 2.57058 and Sig. 0.001 <0.05 has a positive and significant effect on stock prices, Capital Structure with a calculated t value -4.137> t table 2.57058 and Sig. 0.003 < 0.05 has a negative and significant effect on stock prices, while Return On Assets with a calculated t value -0.532 < t table 2.57058 and Sig. 0.609 > 0.05 so it does not have a significant effect on stock prices. Simultaneously, company size, return on assets, and capital structure affect the stock price of PT Indofood Sukses Makmur Tbk for the 2013-2024 period. The determination coefficient value shows that the Stock Price is 81,0% by Company Size, Return On Assets and Capital Structure while the remaining 19,0% is influenced by other variables not studied. This study aims to determine the effect of Company Size, Return on Assets, and Capital Structure on Stock Prices in the company PT Indofood Sukses Makmur Tbk Period 2013-2024 partially and simultaneously. The method used is descriptive quantitative with secondary data from annual financial reports and the official website of the Indonesia Stock Exchange. Data analysis uses the classical assumption test, linear regression, as well as the t test, F test, and coefficient of determination. The results of the study show partially, Company Size with a calculated t value 5.422> t table 2.57058 and Sig. 0.001 <0.05 has a positive and significant effect on stock prices, Capital Structure with a calculated t value -4.137> t table 2.57058 and Sig. 0.003 < 0.05 has a negative and significant effect on stock prices, while Return On Assets with a calculated t value -0.532 < t table 2.57058 and Sig. 0.609 > 0.05 so it does not have a significant effect on stock prices. Simultaneously, company size, return on assets, and capital structure affect the stock price of PT Indofood Sukses Makmur Tbk for the 2013-2024 period. The determination coefficient value shows that the Stock Price is 81,0% by Company Size, Return On Assets and Capital Structure while the remaining 19,0% is influenced by other variables not studied. Keywords: Company Size, Return on Asset, Capital Structure, Stock Price

Keywords

Company Size, Return on Asset, Capital Structure, Stock Price

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References

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DOI: https://doi.org/10.31293/rjabm.v10i1.9371