Abstract

This study aims to determine the effect of degree of operating leverage (DOL) on the share price of the textile industry group on the Indonesian stock exchange, the effect of the degree of financial leverage (DFL) on the share price of the textile industry group on the Indonesian stock exchange, the effect of systematic risk on the share price of the textile industry group on the Indonesian stock exchange partially, and knowing the effect of degree of operating leverage (DOL), degree of financial leverage (DFL) and systematic risk on the stock price of the share price of the textile industry group on the Indonesian stock exchange simultaneously. The study was conducted on the shares of the textile and garment industry companies as many as 18 companies and met the regression requirements. To determine whether the independent variable affects the dependent partially, the t-test and analysis are carried out simultaneously with the f-test. Based on the test data, the results obtained that the dol variable does not partially affect the stock price. The DFL variable does not affect stock prices partially. Systematic risk variables partially affect stock prices. The variables DOL, DFL, and systematic risk, affect stock prices simultaneously.