Antara gejolak dan stabilitas: Analisis faktor determinan harga saham dengan pemoderasi Covid-19

Abstract

This study aims to determine the effect of stock price with the Covid-19 as moderating variable. The population of this research is property and real estate sector companies listed on the Indonesia Stock Exchange 2017-2022. The sample of this research is 42 companies. The statistical method used multiple regression analyse and moderated regression analyse with SPSS version 25 programme to process data. The result this study explained that profitability, managerial ownership and capital structure simultaneously affection on stock price. Profitability has a positive significance effect on stock price. Managerial ownership and capital structure has no positive effect on stock price. Covid 19 has a negative and do not affect on firm value. Covid-19 is not able to moderate and weaken the relation between profitability and stock price. Covid-19 is not able to moderate the relation between managerial ownership and stock price.