Al Fatya, Kayyana Ihsan (2026) Pengaruh Kinerja Keuangan, Leverage, dan Earning Volatility Terhadap Volatilitas Harga Saham Perusahaan Sektor Teknologi yang Terdaftar di Bursa Efek Indonesia. Undergraduate thesis, UPN Veteran Jawa Timur.
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Abstract
This study aims to analyze the influence of financial performance (ROA), leverage (DER), and earning volatility on stock price volatility, both partially and simultaneously, in technology sector companies listed on the Indonesia Stock Exchange during the 2022–2024 period. This research is motivated by the high fluctuation of technology sector stock prices in the post-Covid-19 pandemic period, as well as inconsistencies in the results of previous studies regarding the determining factors, with signaling theory serving as the main theoretical foundation. This study employs a quantitative causal approach using secondary data in the form of annual financial reports and stock price data. The sample was determined using a purposive sampling technique, resulting in 23 companies with a total of 69 observational data points over three years. Data were analyzed using multiple linear regression with the assistance of IBM SPSS Statistics version 30 software. The results show that financial performance has a negative but insignificant effect on stock price volatility, leverage has a positive but insignificant effect, while earning volatility has a positive and significant effect on stock price volatility. Simultaneously, the three variables are proven to have a significant effect on stock price volatility, with a contribution of 7.3% (Adjusted R Square), while the remainder is influenced by other variables outside the research model. These findings indicate that earnings stability is a more dominant signal responded to by investors compared to asset profitability or debt structure in determining the stock price volatility of technology sector companies.
| Item Type: | Thesis (Undergraduate) | ||||||||
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| Subjects: | H Social Sciences > HC Economics H Social Sciences > HG Finance H Social Sciences > HG Finance > HG4001-4285 Finance management. Business finance. Corporation finance |
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| Divisions: | Faculty of Economic and Business > Departement of Accounting | ||||||||
| Depositing User: | Kayyana Ihsan | ||||||||
| Date Deposited: | 08 Jul 2026 04:23 | ||||||||
| Last Modified: | 10 Jul 2026 01:04 | ||||||||
| URI: | https://repository.upnjatim.ac.id/id/eprint/54843 |
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