Effect of Good Corporate Governance, Profitability and leverage on Stock Price of Lq 45 Company in Indonesia Stock Exchange

Abstract

This study aimed to analyze the influence of variables Profitability , Leverage and Good Corporate Governance ( GCG ) to the price of shares in the LQ45 in the period 2010 - 2013. The number of samples in this study were 7 companies listed in the LQ45 in BEI . The sample selection using purposive sampling method . This study uses panel data regression analysis with the method of random effect model , which combines the data time series and cross section data . Based on the results of the partial significance test , GCG variables do not have a positive impact and no significant effect on stock prices , ROA has a positive and significant impact on stock prices , and variable DER has a positive and significant impact on stock prices .