Pengaruh profitabilitas, dividend policy, leverage, firm size terhadap kinerja saham perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia
P Penelitian ini bertujuan untuk mengetahui pengaruh profitabilitas, dividend policy,leverage, firm size terhadap Kinerja Saham. Sampel yang digunakan dalam penelitianini adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2015– 2019. Variabel independen dalam penelitian ini adalah profitabilitas, dividend policy, leverage, firm size dan variabel dependen adalah market capitalization, price earningsratio, stock returns perusahaan. Jumlah sampel penelitian adalah sebanyak 31perusahaan manufaktur dengan menggunakan teknik purposive sampling. Berdasarkanhasil regresi data panel menunjukan bahwa return on asset, return on equity, dan firmsize memiliki pengaruh positif dan signifikan terhadap market capitalization perusahaan. Leverage memiliki pengaruh negatif dan signifikan terhadap market capitalization perusahaan, dividend policy, leverage, firm size memiliki pengaruhpositif dan signifikan terhadap price earnings ratio perusahaan. Return on equitymemiliki pengaruh negatif dan signifikan terhadap price earning ratio perusahaan,return on asset, leverage, memiliki pengaruh positif dan signifikan terhadap priceearnings ratio perusahaan. Return on equity memiliki pengaruh negatif dan signifikan terhadap stock return perusahaan. Hasil penelitian ini diharapkan dapat memberikanmasukan bagi perusahaan dan investor agar mempertimbangkan profitabilitas, dividendpolicy, leverage, firm size karna mempengaruhi kinerja saham perusahaan.
T This study aims to determine the impact of profitability, leverage, dividend policy, Firm Size on Stock Performance. The sample used in this study are manufacturing companies listed on the Indonesia Stock Exchange for the period 2015 – 2019. The independent variables in this study are profitability, dividend policy, leverage, company size and the dependent variable is market capitalization, price earning ratio, company stock returns. The number of research samples is 31 manufacturing companies using purposive sampling technique. Based on the results of panel data regression, it shows that return on assets, return on equity, and firm size have a positive and significant effect on the company's market capitalization. Leverage has a negative and significant effect on the company's market capitalization. Dividend policy, leverage, company size have a positive and significant effect on the company's price earning ratio. Return on equity has a negative and significant effect on the company's price earning ratio, Return on assets, leverage, has a positive and significant effect on the company's price earning ratio. Return on equity has a negative and significant effect on the company's stock returns. The results of this study are expected to provide input for companies and investors to consider profitability, dividend policy, leverage, company size because they affect the company's stock performance.