The Effect of Debt to Asset Ratio (DAR) and Earning Per Share (EPS) to Share Prices of Telecommunication Subsector Companies Listed on Indonesia Stock Exchange 2018-2022

Authors

  • Hana Sholihah
  • Elan Nurhadi Purwanto

DOI:

https://doi.org/10.54595/jmeb.v4i1.74

Keywords:

Debt to Asset Ratio (DAR), Earning Per Share (EPS), Share Prices, Telecommunication

Abstract

This research aims to determine the effect of Debt to Asset Ratio (DAR) and Earning Per Share (EPS) to share prices of telecommunication subsector companies listed on Indonesia Stock Exchange (BEI) during the period 2018-2022 partially and simultaneously. The research was conducted using a quantitative method with a sample of 15 companies selected through purposive sampling techniques. Data analysis methods used include descriptive statistical analysis, panel data regression analysis, model specification test, classical assumption test, hypothesis test, and determinant coefficient test using Eviews 12. The results of the research show that the Debt to Asset Ratio (DAR) has no significant negative effect to the share prices, Earning Per Share (EPS) has a significant positive effect to the share prices, and Debt to Asset Ratio (DАR) and Earning Per Share (EPS) simultaneously have a significant effect to the share prices of telecommunication subsector companies listed on Indonesia Stock Exchange (BEI) during the period 2018-2022.

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Published

12-08-2024

How to Cite

Hana Sholihah, & Elan Nurhadi Purwanto. (2024). The Effect of Debt to Asset Ratio (DAR) and Earning Per Share (EPS) to Share Prices of Telecommunication Subsector Companies Listed on Indonesia Stock Exchange 2018-2022 . Journal of Management and Energy Business, 4(1). https://doi.org/10.54595/jmeb.v4i1.74