VOlUME 05 ISSUE 11 NOVEMBER 2022
1Endri Endria,2Yani Riyani,3Kartawati Mardiah
1Universitas Mercu Buana, Jakarta, Indonesia
2,3Accounting Departement, Politeknik Negeri Pontianak, Indonesia
DOI : https://doi.org/10.47191/ijsshr/v5-i11-56Google Scholar Download Pdf
ABSTRACT
This study examines the effect of the biodiesel program factor 20, return on assets (ROA), and debt to equity ratio (DER) on the stock prices of companies in the oil palm plantation sub-sector for the period 2016-2021. The selected research sample is seven oil palm plantation sector companies listed on the Stock Exchange Indonesian Effect (IDX) Panel data regression method was applied to estimate and analyze the research model. The results showed that return on assets (ROA), and debt to equity ratio (DER) have a positive effect but no significance on stock price, while the program of biodiesel 20 does not affect the stock price.
KEYWORDS: Stock Price, Return on Assets, Debt to Equity Ratio, Biodiesel 20
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