The Influence of CAR, LDR and NPL on Stock Prices in the Banking Sector on the Indonesia Stock Exchange (IDX) for the 2015-2019 Period

88 HalamanPenelitian ini bertujuan untuk mengetahui dan menganalisis Pengaruh CAR, LDR dan NPL Terhadap Harga Saham Pada Sektor Perbankan Di Bursa Efek Indonesia(BEI) Periode 2015-2019. Jenis penelitian yang digunakan dalam penelitian ini adalah asosiatif yang bertujuan untuk mengetahui pengaruh variabel bebas terhadap variabel terikat dan seberapa erat pengaruh atau hubungan dua variabel atau lebih. Penelitian ini menggunakan data sekunder dan empiris. Alat analisis yang digunakan analisis regresi berganda data panel. Hasil penelitian menyatakan bahwa Capital Adequacy Ratio (CAR) berpengaruh signifikan terhadap Harga Saham CAR terbukti mempengaruhi harga saham secara signifikan, artinya mampu memberikan pengaruh positif yang nyata dalam meningkatkan harga saham. Loan To Deposit Ratio (LDR) tidak berpengaruh signifikan terhadap Harga Saham. LDR tidak terbukti dalam mempengaruhi harga saham baik dalam meningkatkan maupun menurunkan. Non Performing Loan (NPL) tidak berpengaruh signifikan terhadap Harga Saham. NPL tidak terbukti dalam mempengaruhi harga saham, NPL sangat besar kaitannya dengan likuiditas sedangkan harga saham berhubungan dengan nilai kapitalisasi pasar dan modal banak dalam penilaian investor. Capital Adequacy Ratio (CAR), Loan to Deposit Ratio (LDR) dan Non Performing Loan (NPL) memiliki pengaruh signifikan terhadap Harga Saham, setiap kenaikan dan penurunan ketiga variabel tersebut mempengaruhi perkembangan Harga Saham. This study aims to determine and analyze the effect of CAR, LDR and NPL on stock prices in the banking sector on the Indonesia Stock Exchange (BEI) for the 2015-2019 period. The type of research used in this research is associative, which aims to determine the effect of the independent variable on the dependent variable and how closely the influence or relationship between two or more variables. This study uses secondary and empirical data. The analysis tool used multiple regression analysis of panel data. The results of the study indicate that the Capital Adequacy Ratio (CAR) has a significant effect on stock prices. CAR is proven to have a significant effect on stock prices, meaning that it can have a significant positive effect in increasing stock prices. Loan To Deposit Ratio (LDR) has no significant effect on stock prices. LDR is not proven to influence stock prices either in increasing or decreasing. Non Performing Loan (NPL) has no significant effect on stock prices. NPL is not proven to affect stock prices, NPL is very much related to liquidity, while stock prices are related to market capitalization and capital values in many investors' assessments. Capital Adequacy Ratio (CAR), Loan to Deposit Ratio (LDR) and Non Performing Loan (NPL) have a significant effect on stock prices, each increase and decrease of these three variables affects the development of stock prices