Pengaruh Kebijakan Dividen, Leverage, Volume Perdagangan, Dan Nilai Tukar Rupiah Terhadap Harga Saham Khususnya Pada Sektor Consumer Goods Yang Tercatat Di Bursa Efek Indonesia

Abstract

Investment is an activity to invest in a company, with the hope of providing benefits in the
future. To choosing a company, an investor needs to consider several things to determine his
decision. This study aims to determine the effect of dividend policy, leverage, trading volume
and exchange rate on stock prices. The population of this research is 66 non-cyclical
consumer goods sector companies listed on the Indonesia Stock Exchange in the 2018-2020
period. The method of determining the sample used is the purposive sampling method, with
several predetermined criteria, the samples is 27 companies in the non-cyclical consumer
goods sector. The research data used is secondary data with multiple linear regression
analysis techniques. The results show that dividend policy, leverage and trading volume have
a significant effect on stock prices, while exchange rate have no significant effect on stock
prices. Simultaneously dividend policy, leverage, trading volume and exchange rate affect
stock prices