Jurnal Mahasiswa Entrepreneur
Vol 3 No 11 (2024): NOVEMBER 2024

PENGARUH PROFITABILITAS DAN LEVERAGE TERHADAP RETURN SAHAM DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL MODERATING PADA PERUSAHAAN PERTAMBANGAN

Biharuddin, Ahmad (Unknown)
Hamdun, Edy Kusnadi (Unknown)
Ariyantiningsih, Febri (Unknown)



Article Info

Publish Date
26 Sep 2024

Abstract

Mining companies on the Indonesia Stock Exchange (IDX) are one of the industrial sector companies that have distinctive characteristics in their financial analysis. Every year there is high demand in the market with limited supply, and commodity prices rise rapidly, even touching record highs. Thus, many investors glance at the mining sector, which makes its share price high. The purpose of this study was to examine the effect of profitability and Leverage in influencing stock Returns moderated by dividend policy. The population of this study is mining companies listed on the IDX 2020-2022. Sampling technique with purposive sampling. Data analysis and hypothesis testing using the Structural Equation Model - Partial Least Square (PLS-SEM). The results of the direct effect hypothesis using the Smart PLS 3.0 application show that Profitability has a significant effect on stock Returns, and Leverage has no significant impact on stock Returns. The results of the indirect effect hypothesis test show that profitability has no significant impact on stock Returns moderated by dividend policy and Leverage has no significant effect on stock Returns moderated by dividend policy.

Copyrights © 2024






Journal Info

Abbrev

jme

Publisher

Subject

Economics, Econometrics & Finance Electrical & Electronics Engineering Social Sciences

Description

Jurnal Mahasiswa Entrepreneurship (JME) Fakultas Ekonomi dan Bisnis Universitas Abdurachman Saleh Situbondo adalah jurnal yang ditulis oleh mahasiswa FEB UNARS sebagai jembatan antara ilmu dan praktek manajemen. JME mempublikasikan artikel baik berupa telaah pustaka maupun hasil penelitian empiris. ...