Enrichment : Journal of Management
Vol. 13 No. 2 (2023): June: Management Science And Field

The influence of liquidity DER ROA and TATO on stock price in wholesale sector and small trade companies on IDX 2017-2021

Aurelius Tantorio (Universitas Prima Indonesia, Indonesia)
Purnama Yanti Purba (Universitas Prima Indonesia, Indonesia)
Catherine Fransisca (Universitas Prima Indonesia, Indonesia)
Valencia Valencia (Universitas Prima Indonesia, Indonesia)
Novi Rachma Herawati (Universitas Merdeka Madium, Indonesia)



Article Info

Publish Date
15 Jun 2023

Abstract

This study aims to examine and analyze the effect of liquidity, debt to equity ratio, return on assets and total asset turnover on stock prices in large trading and small trading sector companies listed on the Indonesia Stock Exchange for the period 2017-2021. The background of this research is stock prices phenomenon that had decreased in the wholesale and small trade sectors due to decreased company liquidity, decreased return on assets, and decreased total asset turnover. The research method used is descriptive quantitative research which is explanatory research. The data analysis method is multiple linear regressions. The sample of this research is 27 companies with purposive sampling technique. The results of the study state that partially liquidity has no effect and significant effect on stock prices b total asset turnover has no effect and significant effect on stock prices, debt to equity ratio and return on assets have a positive and significant effect on stock prices, and return on assets has a positive effect and significant to stock prices. Simultaneously liquidity, Debt to Equity Ratio, Return on Assets and Total Assets Turnover have a positive and significant effect on stock prices.

Copyrights © 2023






Journal Info

Abbrev

enrichment

Publisher

Subject

Economics, Econometrics & Finance

Description

The Enrichment : Journal of Management offers wide ranging and widespread analysis of all surfaces of management and science. Published two times per year, it delivers a emphasis for universal proficiency in the vital methods, techniques and areas of research; presents a opportunity for its readers ...