Earning Per Share, Dividend Payout Ratio, Stock Trading Volume, Total Assets Turnover and Market Value Added On The Stock Price Of Banking Companies
Abstract
Banking is one of the important pillars in economic growth in a country, including Indonesia. The development of banking companies can be seen from the stock prices of banking companies on the capital market. Price is an important indicator in investment activities, the determination of stock prices is controlled by market participants based on supply and demand. Several financial ratios can have an influence on stock prices, including earnings per share, dividend payout ratio, stock trading volume, total asset turnover, market value added. The purpose of the study was to examine the effect of earnings per share, dividend payout ratio, stock trading volume, total asset turnover, market value added on stock prices of banking companies in Indonesia. The population in this study are banking companies listed on the Indonesia Stock Exchange for the period 2018-2020. The sample of this study amounted to 12 companies with the number of observations as many as 36 companies. The sample selection was carried out by purposive sampling method and the data that had been collected was analyzed using multiple linear regression analysis techniques. The results showed that the earning per share and market value added variables had a positive effect on stock prices. While the dividend payout ratio variable, stock trading volume, total asset turnover have no effect on stock prices. The sample selection was carried out by purposive sampling method and the data that had been collected was analyzed using multiple linear regression analysis techniques. The results showed that the earning per share and market value added variables had a positive effect on stock prices. While the dividend payout ratio variable, stock trading volume, total asset turnover have no effect on stock prices. The sample selection was carried out by purposive sampling method and the data that had been collected was analyzed using multiple linear regression analysis techniques. The results showed that the earning per share and market value added variables had a positive effect on stock prices. While the dividend payout ratio variable, stock trading volume, total asset turnover have no effect on stock prices.