Analisis Faktor-Faktor yang Mempengaruhi  Likuiditas Pasar Saham

Khairina Natsir; Nurainun  Bangun; Alfredo Marthen Waani

doi:10.24912/je.v28i2.1414

Authors

Khairina Natsir Economic and Business Faculty, Tarumanagara University, Jakarta Barat 11470, Indonesia https://orcid.org/0000-0002-8088-519X
Nurainun Bangun Economic and Business Faculty, Tarumanagara University, Jakarta Barat 11470, Indonesia
Alfredo Marthen Waani Economic and Business Faculty, Tarumanagara University, Jakarta Barat 11470, Indonesia

DOI:

https://doi.org/10.24912/je.v28i2.1414

Abstract

The objective of this study is to obtain valid evidence regarding the individual effects of the variables Firm Value, earnings management, and stock risk on stock market liquidity. Stock Liquidity, Earning Management, Firm Value, and Stock Risk are measured respectively by Total Volume Activity, discretionary accrual model modified Jones, PBV, and Beta. Research in the form of causality. Samples were selected using a purposive technique. The data is extracted from the company's annual financial reports accessed from official sources. The samples were 16 companies from the infrastructure sub-sector manufacturing group listed on the IDX during the 2017-2021 period, so that 80 observation data were obtained. Multiple regression is used for data analysis, where the tests include multicollinearity tests, partial-t tests and coefficient of determination tests. The findings of this study show that Earning Management, Firm Value, and Stock Risk affect Stock Market Liquidity

Author Biographies

Khairina Natsir, Economic and Business Faculty, Tarumanagara University, Jakarta Barat 11470, Indonesia

khairinan@fe.untar.ac.id

Nurainun Bangun, Economic and Business Faculty, Tarumanagara University, Jakarta Barat 11470, Indonesia

nurainunb@fe.untar.ac.id

Alfredo Marthen Waani, Economic and Business Faculty, Tarumanagara University, Jakarta Barat 11470, Indonesia

alfredowaani@gmail.com

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