PENGARUH KEBIJAKAN DIVIDEN, PERTUMBUHAN PENJUALAN, UKURAN PERUSAHAAN, DAN GOOD CORPORATE GOVERNANCE TERHADAP HARGA SAHAM

Abstract

This study aims to analyze the effect of dividend policy, sales growth,
company size, and good corporate governance on stock prices. Good
corporate governance used is managerial ownership and
independent board of commissioners. The population of this research
is companies that are consistently included in the LQ-45 Index on the
Indonesia Stock Exchange (IDX) during the 2015-2019 period. The
number of samples taken was 115 data with 23 companies selected
per year using purposive sampling technique. Data collection was
carried out using documentary methods on secondary data. The
analysis technique used is multiple linear regression analysis with
the help of the SPSS 20 computer program. The results show that
collectively, dividend policy, sales growth, company size, managerial
ownership, and independent board of commissioners have a
significant effect on stock prices. Partially, managerial ownership
has a significant effect on stock prices, while dividend policy, sales
growth, company size, and independent board of commissioners have
no significant effect on stock prices.