STOCK SPLIT AND LEVERAGE ON STOCK PRICES MANUFACTURING COMPANIES

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Published: Sep 26, 2020
Keywords:
Stock Split Leverage Stock Prices

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Agus Wahyudi Yanto
STIE Widya Gama Lumajang
Sochib Sochib
STIE Widya Gama Lumajang
Muhammad Mudhofar
STIE Widya Gama Lumajang

Abstract

This study aims to examine the Stock Split and Leverge of share prices in consumer goods Manufacture industry companies listed on the Indonesia Stock Exchange. The research method used is quantitative descriptive method. The sampling technique was carried out using the purposive sampling method and obtained a sample of 33 consumer goods industry companies listed on the Indonesia Stock Exchange in the 2016-2018 period. Data analysis used in this study was multiple linear regression. The results showed that the stock split variable had a significant effect on the direction of a positive relationship with the company's stock price on the Indonesia Stock Exchange. The leverage variable has a significant effect on the direction of the negative relationship with the company's stock price on the Indonesia Stock Exchange. R square value shows the contribution or contribution of the independent variables (Stock Split and Leverage) included in the regression equation to the fixed variable (Share Price) is 76.5%, while the other 23.5% is influenced by other variables not included into this study.

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How to Cite
Wahyudi Yanto, A., Sochib, S., & Mudhofar, M. (2020). STOCK SPLIT AND LEVERAGE ON STOCK PRICES MANUFACTURING COMPANIES. Progress Conference, 3(1), 18–21. Retrieved from http://proceedings.itbwigalumajang.ac.id/index.php/progress/article/view/286
Issue
Vol. 3 No. 1 (2020): The Global Financial Industry Strategy In The Revival of The Post-Corona Pandemic Economic
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