ANALYSIS OF BANK HEALTH LEVELS AND INTEREST RATES ON STOCK PRICES (Empirical Study of Banking Companies Listed on the Indonesia Stock Exchange in 2021-2023)
DOI:
https://doi.org/10.5281/Keywords:
Stock Price, Bank Health Level, Risk Profile, Good Corporate Governance, Earnings, Capital, Interest RateAbstract
This study aims to analyze the Health Level of Banks and Interest Rates on Stock Prices in Banking Companies listed on the Indonesia Stock Exchange. The sample of this study was obtained using purposive sampling technique, so that 99 samples were obtained with the research period 2021-2023. The results of this study indicate that Risk Profile proxied by Loan to Deposit Ratio (LDR), Good Corporate Governance (GCG), Earnings proxied by Return On Asset (ROA), and Interest Rates have an effect on Stock Prices, while Capital proxied by Capital Adequacy Ratio (CAR) has no effect on Stock Prices. From the results of the study, the coefficient of determination (R2) with a value of 0.4294 means that the magnitude of the influence of Risk Profile, Good Corporate Governance, Earnings, Capital and Interest Rates is 42.94%.
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