Contemporary Journal on Business and Accounting
Vol 1 No 2 (2021): Contemporary Journal on Business and Accounting (CjBA)

THE EFFECT OF RETURN ON INVESTMENT AND EARNINGS PER SHARE ON COMPANY STOCK PRICES WITH PERCEIVED RISK OF STOCKS AS MODERATING VARIABLES

Husniyah Husniyah (Universitas Muslim Indonesia)
Tenriwaru Tenriwaru (Unknown)
Muh. Reza Ramdani (Universitas Muslim Indonesia)



Article Info

Publish Date
02 Oct 2021

Abstract

Purpose – This study aims to determine the effect of Return On Investment and Earning Per Share on Stock Prices with Perceived Risk of stocks as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange in 2018-2020. Design/methodology/approach – The data analysis technique used is multiple linear regression analysis and Moderated Regression Analysis (MRA). Findings – The result of this study indicate that Return On Investment (ROI) has a negative and insignificant effect on stock prices of manufacturing companies listed on the Indonesia Stock Exchange in 2018-2020. Earning Per Share (EPS) has a positive and significant influence on stock prices of manufacturing companies listed on the Indonesia Stock Exchange in 2018-2020. Perceived Risk of shares has no effect on the relationship of ROI to stock prices of manufacturing companies listed on the Indonesia Stock Exchange in 2018-2020. Perceived Risk of shares has no effect on the relationship between EPS and stock prices of manufacturing companies listed on the Indonesia Stock Exchange in 2018-2020. Originality – This type of research is a quantitative research using secondary data in the form of annual reports of 10 sample companies taken from the website www.idx.co.id for the 2018-2020 period. Keywords: Earning Per Share (EPS), Perceived Risk of Stock, Return On Investment (ROI), Stock Price Paper Type Research Result

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Journal Info

Abbrev

cjba

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences Other

Description

Contemporary Journal on Business and Accounting (CjBA) publishing contemporary study of Management, and Accounting. CjBA published by Institut Transparansi dan Akuntabilitas (INSPIRING) and published twice a year (April and October). Research method that can be accepted in this journal are both of ...