Pengaruh Spread Based Income, Net Working Capital, Umur Perusahaan, Ukuran Perusahaan, dan Effective Tax Rate Terhadap Volatilitas Idiosinkratik Haraga Saham pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2017-2021

Abstract

This research aims to determine the influence of Spread Based Income, Net Working Capital, Company Age, Company Size, and Effective Tax Rate on Idiosyncratic Volatility of Share Prices in banking companies listed on the Indonesia Stock Exchange in 2017-2021. This research is an associative research with a causal relationship and the data used is secondary data. The population used is all banking companies listed on the Indonesia Stock Exchange in 2017-2021. The sample in this study amounted to 39 banking companies. The sampling technique in this research uses a purposive sampling method and the data analysis technique used in this research is panel data regression analysis. The Adjusted R-Squared value is 0.843, which means that all independent variables in this study are able to explain 84.3% of the dependent variable and the remaining 15.7% is explained by other variables from outside the research model