TY  - JOUR
T1  - Factors Determinant of Share Prices: Empirical Study on Islamic Capital Market
AU - , Sutrsino 
JO  - International Business Management
VL  - 11
IS  - 4
SP  - 960
EP  - 965
PY  - 2017
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2017.960.965
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2017.960.965
KW  - Return on assets
KW  -return on equity
KW  -erning per share
KW  -dividend per share
KW  -debt to equity ratio
AB  - The purpose of financial management is to maximize the welfare of the owners, one of which is
measured by the share price. This study aims to examine the factors that determine stock prices. Stock prices
measured by the year-end closing price while the factors thought to influence the stock price is profitability as
measured by Return on Assets (ROA), Return on Equity (ROE) and Earnings Per Share (EPS). The share price
was also allegedly affected by the Dividend Per Share (DPS) and Debt to Equty Ratio (DER). This research is
a case study in the Islamic capital market stocks that are listed on the list of Islamic stocks. Samples taken as
many as 106 companies with a purposive sampling method with the provisions of the company that makes a
profit and pay dividends. Equipment using multiple linear regression analysis with SPSS. The results showed
profitability as measured by EPS and ROE significantly affect stock prices while the ROA has no effect on stock
prices. Dividend per share is also positive and significant effect on stock prices while DER no significantly
influence stock prices.
ER  -