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The Factors Affecting Board Stock Price of Lq45 Stock Exchange 2012-2016: Case of Indonesia

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  • Rudi Bratamanggala

Abstract

The method used in this research is a descriptive method with the help of analytical tools of Eviews version 8. This research was conducted by using secondary data collected from the publication of the Indonesian Stock Exchange.The case study in this research is a company that is included in LQ45 in Indonesian Stock Exchange in the period of 2012 to 2016. For the analysis we have used multiple regression techniques and hypothesis testing using the t test partial and the F test with the level of significance at 5% as well as the coefficient of determination test.The factors affecting stock prices are Earning Per Share, Price to Book Value and Return on Assets. The results show that the Price to Book Value and the Earning Per Share have a significant effect on stock prices.Also simultaneously and partially the Price to Book Value, the Earning Per Share and the Return on Assets have a significant effect.

Suggested Citation

  • Rudi Bratamanggala, 2018. "The Factors Affecting Board Stock Price of Lq45 Stock Exchange 2012-2016: Case of Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 115-124.
  • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:115-124
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