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Abstract
Penelitian ini bertujuan menganalisis pengaruh profitabilitas, likuiditas, dan solvabilitas terhadap harga saham perusahaan perbankan yang terdaftar di Bursa Efek Indonesia periode 2019–2024. Penelitian menggunakan pendekatan kuantitatif dengan regresi data panel dan model Random Effect. Sampel mencakup 10 bank yang tergabung dalam indeks PEFINDO Prime Bank dengan total 60 observasi. Hasil penelitian menunjukkan bahwa secara parsial, profitabilitas (ROA) berpengaruh positif signifikan terhadap harga saham, likuiditas (CR) berpengaruh negatif signifikan, sementara solvabilitas (DER) berpengaruh positif namun tidak signifikan. Secara simultan, ketiga variabel independen berpengaruh signifikan terhadap harga saham. Temuan ini mendukung teori persinyalan, di mana rasio keuangan menjadi sinyal penting bagi investor, serta teori keagenan yang menekankan pentingnya peran manajemen dalam mengelola sumber daya demi meningkatkan nilai perusahaan. Penelitian ini memberikan kontribusi praktis bagi investor dan manajemen perbankan dalam pengambilan keputusan investasi, serta kontribusi akademis dalam memperkaya kajian empiris mengenai faktor fundamental yang memengaruhi harga saham sektor perbankan di Indonesia.
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This work is licensed under a Creative Commons Attribution 4.0 International License.
How to Cite
Dailibas, D., Fachrian, Z., Chaerudin, C., Nasution, R., & Harahap, M. N. (2025). Determinasi Profitabilitas, Likuiditas, dan Solvabilitas terhadap Harga Saham Perbankan di Indonesia: Studi dengan Model Data Panel . Jurnal Ekonomi Dan Statistik Indonesia, 5(3), 456-473. https://doi.org/10.11594/jesi.05.03.04
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Pham, Q. T., Truong, T. H. D., Ho, X. T., & Ngu-yen, Q. T. (2022). The role of supervisory mechanisms in improving financial re-porting quality by Vietnam public non-business unit. Cogent Business and Man-agement, 9(1), 1–23. https://doi.org/10.1080/23311975.2022.2112538
Purbasari, I. (2024). How liquidity and solven-cy affect stock prices. Does profitability really matter? Evidence from Indonesia. The Eastasouth Journal of Social Science and Humanities, 1(03). https://doi.org/10.58812/esssh.v1i03.278
Saepudin, A. H., & Indah, N. P. (2022). Pengaruh Rasio Likuiditas, Solvabilitas, Dan Profit-abilitas Terhadap Harga Saham Pada Pe-rusahaan Consumer Goods Subsektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2020. Jurnal Ilmu Manajemen, 725–736. https://doi.org/10.26740/jim.v10n2.p725-736
Seventeen, W. L., & Shinta, S. D. (2021). “Pengaruh Economic Value Added dan Return On Equity (ROE) Terhadap Harga Saham pada Perusahaan Investasi yang Terdaftar Di BEI Tahun 2016-2019. JAZ: Jurnal Akuntansi Unihaz, 4(1), 138–146.
Sibro, M. T., & Yando, A. D. (2021). Pengaruh Likuiditas, Solvabilitas dan Profitabilitas terhadap Harga Saham di Bursa Efek
Indonesiaa. FINANSIA : Jurnal Akuntansi Dan Perbankan Syariah, 4(1), 99–114. https://doi.org/10.32332/finansia.v4i1.2830
Sukmana, L. M., & Muchtar, S. (2024). Analisis Pengaruh Rasio Keuangan Terhadap Har-ga Saham Perbankan Komersial Pada In-dek IDX-PEFINDO Di Indonesia. Jurnal Ilmiah Wahana Pendidikan, 10(16), 467–487. https://doi.org/10.5281/zenodo.13764143
Tindaon, A. Y., & Kasno, K. (2024). Pengaruh Likuiditas, Profitabilitas Dan Solvabilitas Terhadap Harga Saham Pada Perusahaan Perbankan. Jurnal Manajemen Dan Profe-sional, 5(2). https://doi.org/10.32815/jpro.v5i2.2314