New Search

Advanced search
Export article
Open Access

PENGARUH TOTAL ASSET TURNOVER (TATO) DAN DEBT TO EQUITY RATIO (DER) TERHADAP HARGA SAHAM DENGAN PROFITABILITAS SEBAGAI INTERVENING VARIABLE (SURVEY PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2012

Sciprofile linkSarif Hidayat
Published: 29 February 2020
Eqien: Jurnal Ekonomi dan Bisnis , Volume 7, pp 102-110; doi:10.34308/eqien.v7i1.121

Abstract: This study aims to determine the effect of Total Asset Turnover (TATO) and Debt to Equity Ratio (DER) on Share Prices with Profitability as Intervening Variables in Food and Beverage Sub-Sector Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX). Where Profitability used in the study is Return on Assets (ROA). This study uses secondary data, which is in the form of financial reports obtained from the Indonesia Stock Exchange (IDX) website. The samples used were 6 companies from 17 populations in 2012-2017 in the selection of samples conducted by purposive sampling. The statistical method used is panel data path analysis. The results showed that Total Asset Turnover (TATO) directly had a significant negative effect on Stock Prices. Likewise, the Debt To Equity Ratio (DER) directly has a significant positive effect on stock prices. While indirectly the Total Asset Turnover (TATO) mediated by Profitability affects the Stock Price. Meanwhile, indirectly the Debt To Equity Ratio (DER) mediated by Profitability has no effect on the Share Price.
Keywords: survey / stock / Prices / TATO / Debt to Equity / total asset turnover

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

Share this article

Click here to see the statistics on "Eqien: Jurnal Ekonomi dan Bisnis" .
Back to Top Top