FACTORS AFFECTING SHARE PRICE OF OIL AND GAS COMPANY: THE CASE OF INDONESIA AND INDIA

Abstract

The study aimed to analyze the influence of variables that affect the price of shares in the mining sub-sector of oil and gas that are listed in the Indonesia Stock Exchange (IDX) with the National Stock Exchange of India (NSE) in the period 2009-2015. These variables among which EPS, ROE, PER, DER, and Company Size. The study uses secondary data from the financial statements of the companies in the Stock Exchange and NSE. Test used is chow, Hausman and Lagrange with eviews program. Purposive sampling, samples consist of six sub-sector mining companies oil and gas on the Stock Exchange and 10 on the NSE. Partially, only PER ia significantly influence the share price on the Stock Exchange, while the other variables did not influence the stock price. While in the NSE is only EPS that influence stock prices, while the other variables did not influence the stock price.