Analisis Faktor yang Mempengaruhi Harga Saham dengan Kepemilikan Manajerial sebagai Variabel Moderating pada Perusahaan Manufaktur Sektor Industrials yang Terdaftar di Bursa Efek Indonesia Periode 2018-2022

Abstract

The aim of the research is to analyze the factors that affect stock prices with managerial ownership as a moderating variable in manufacturing companies in the industrial sector. The population consists of 56 manufacturing companies in the industrial sector listed consecutively on the IDX from 2018-2022. The research sample includes 20 companies selected based on criteria determined by the researcher. The data analysis techniques include descriptive analysis and panel data regression analysis. In accordance with the formulated hypothesis, statistical data analysis is performed using Eviews software. The results of this research show that DER has a negative and insignificant effect on stock prices, NPM has a negative and insignificant effect on stock prices, ROE has a negative and insignificant effect on stock prices, EPS has a negative and insignificant effect on stock prices, ROA has a positive and significant effect on stock prices, the Rupiah exchange rate has a negative and insignificant effect on stock prices, Managerial Ownership has a positive and insignificant effect on stock prices, Managerial Ownership is unable to moderate the effect of DER on stock prices, Managerial Ownership is unable to moderate the effect of NPM on stock prices, Managerial Ownership is able to moderate the effect of ROE on stock prices, Managerial Ownership is able to moderate the effect of EPS on stock prices, Managerial Ownership is able to moderate the effect of ROA on stock prices, Managerial Ownership is unable to moderate the effect of the Rupiah Exchange rate on stock prices.