FAKTOR-FAKTOR YANG MEMPENGARUHI VOLATILITAS HARGA SAHAM PERUSAHAAN INDEKS KOMPAS100

Abstract

This research aims to examine the influence of dividend policy, leverage, asset growth, firm size and earning volatility on stock price volatility. The research data utilizes the Kompas100 index data from the Indonesia Stock Exchange (BEI) over a five-year period, specifically from 2018 to 2022 with a quantitative approach. Purposive sampling was used and a total sample of 42 companies was obtained with a total of 210 observations. Data collection techniques involved documentary study using financial reports published on the BEI. Data analysis utilized descriptive statistical analysis, panel data regression analysis, classical assumption tests and also hypothesis testing using Eviews 12 software. The results of the research are that the variables dividend policy, leverage and asset growth partially have no effect on stock price volatility, while firm size and earnings volatility have a negative and significant effect on stock price volatility. Simultaneously, the variables dividend policy, leverage, asset growth, firm size and earnings volatility influence stock price volatility.

Keywords: Dividend Policy, Leverage, Asset Growth, Firm Size, Earning Volatility and Stock Price Volatility.

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