Pengaruh profitabilitas dan struktur modal terhadap harga saham perusahaan manufaktur

Purposes - This study aims to determine the effect of profitability on stock prices; the effect of profitability of capital structure; influence of the capital structure to share price; and the effect of profitability of capital structure through stock price. Methods - This type of research uses explanatory research with quantitative approach. This study uses secondary data in the form of 30 corporate financial statements and sample determination using purposive sampling technique. Data analysis technique used is path analysis technique. Findings - First, profitability has a negative, but not significant effect on capital structure. Second, profitability has a positive, but insignificant effect on stock prices. Third, the capital structure has a negative, but not significant effect on the stock price. Fourth, the capital structure of stock prices is not mediated by the capital structure. Keywords - Profitability, Capital structure, stock pricePurposes - This study aims to determine the effect of profitability on stock prices; the effect of profitability of capital structure; influence of the capital structure to share price; and the effect of profitability of capital structure through stock price. Methods - This type of research uses explanatory research with quantitative approach. This study uses secondary data in the form of 30 corporate financial statements and sample determination using purposive sampling technique. Data analysis technique used is path analysis technique. Findings - First, profitability has a negative, but not significant effect on capital structure. Second, profitability has a positive, but insignificant effect on stock prices. Third, the capital structure has a negative, but not significant effect on the stock price. Fourth, the capital structure of stock prices is not mediated by the capital structure. Keywords - Profitability, Capital structure, stock pric