KEMAMPUAN NILAI PERUSAHAAN DALAM MEMEDIASI FAKTOR – FAKTOR YANG MEMPENGARUHI HARGA SAHAM PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aims to analyze the effect of Liquidity, Profitability, Solvency, Dividend Policy, and Price Earning Ratio on Stock Price using Firm Value as intervening variable at banking company listed in Indonesia Stock Exchange period 2015–2020. The population in this research were 49 companies. The sampling method used was purposive sampling and obtained 11 companies that became the research sample. The type of research used is descriptive quantitative using multiple linear regression analysis and path analysis. The results shows that liquidity, profitability, and price earning ratio have no effect on stock price. The results of the path analysis show that liquidity, profitability, and price earning ratio affect stock prices through firm value. Dividend policy have no effect on stock prices through firm value.