Banking Company Stock Price Model
- Jurnal Internasional Bereputasi
- Winna Roswinna, Maria Lusiana Yulianti, Oyon Suharyono, Anna Noviana, Astrin Kusumawaardani, Kartika Pratiwi Putri, Rd Dewi Pertiwi
- International Journal of Advanced Multidisciplinary, Vol. 2, No. 1, April-Juni2023, e-ISSN: 2829-6192, p-ISSN: 2829-6184
Abstrak
In the realm of economics, the banking sector plays a pivotal role as an intermediary between depositors and borrowers. Unique to this industry are financial ratios like the Capital Adequacy Ratio (CAR) and Loan to Deposit Ratio (LDR). In order to explore the effects of changing economic trends on Indonesian banking companies listed on the Stock Exchange from 2011 to 2016, this study analyzes variables such as CAR, LDR, ROA, and SBI. The sample size includes 27 consecutive banking companies listed from 2011 to 2016, and the analytical tool of choice is Eviews version 8. The study utilizes Least Square Pooled analysis, preceded by Fixed Effects Model and Random Effect Model analysis. The findings of this study reveal that the stock price fluctuations can be attributed to the processing variables of CAR, LDR, ROA, and SBI, which altogether account for 21.90%. Notably, the variables of CAR and ROA havea significant impact on the stock price, while LDR and SBI have no such effect.Keyword: CAR, LDR, ROA, SBI, Stock Price.INTRODUCTIONIndonesia's banking sector faced adversity during the country's economic development. However, banks play a crucial role as a subsystem of the economy, offering financial services for individuals' everyday transactions. Despite the global financial crisis of 2008, the banking sector remained relatively stable throughout the year.Banking is an essential business that acts as a mediator between depositors, who possess surplus funds, and borrowers, who require financial assistance. The success of this activity rests on the foundation of a robust banking institution, which can be measured by unique ratios such as the Capital Adequacy Ratio (CAR) and Loan to Deposit Ratio (LDR). In fundamental
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