ARCHIVES
VOL. 3, ISSUE 2 (2021)
The impact of investor confidence as moderating variable and financial performance on stock prices in banking companies
Authors
Irmayanti Sudirman, Amiruddin Junus, Darmawati Darmawati
Abstract
The purpose of this study was to test and analyze the effect of Return on Asset (ROA), Debt to Asset Ratio (DAR), Total Asset Turnover (TATO) on stock prices with investor confidence as a moderation variable. The object of this research is a banking company listed on the Indonesia Stock Exchange in 2018-2020. The sample was 13 companies. The company that will be the object of research is PT. Bank Rakyat Indonesia Agroniaga Tbk, PT. Bank Mandiri (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank KB Bukopin Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, PT. Bank Danamon Indonesia Tbk, PT. Bank CIMB Niaga Tbk, PT. Bank Maybank Indonesia Tbk, PT. Bank Sinarmas Tbk, PT. Bank BTPN Tbk, PT. Bank Mega Tbk, and PT. Bank OCBC NISP Tbk. The tests in this study used classical assumption tests and hypothesis tests. The analytical technique used in this study is Moderated Regression Analysis (MRA) to predict the value of independent variables against dependent variables as equations. In this study Return on Asset (ROA), Debt to Asset Ratio (DAR), Total Asset Turnover (TATO) had an impact on the stock price by 20%. Mbve is partially able to strengthen the relationship between ROA, DAR, and TATO to the stock price.
Download
Pages:60-65
How to cite this article:
Irmayanti Sudirman, Amiruddin Junus, Darmawati Darmawati "The impact of investor confidence as moderating variable and financial performance on stock prices in banking companies ". International Journal of Finance and Commerce, Vol 3, Issue 2, 2021, Pages 60-65
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.