Pengaruh Risiko Pasar, Leverage, dan Diversifikasi Terhadap Keputusan Investasi Perbankan Indonesia Periode 2020-2024

Abstract

This study aims to determine the effect of market risk, leverage, and diversification on investment decisions in banking companies listed on the Indonesia Stock Exchange. This study is an associative study and the type of data used is secondary data obtained from financial reports and annual reports published on the Indonesia Stock Exchange website (www.idx.co.id) and on the websites of the companies concerned. The population of this study is all banking sector companies listed on the Indonesia Stock Exchange from 2020 to 2024. The population consists of 42 companies. Based on the predetermined criteria, the number of companies that meet the sample criteria is 38 companies. The data analysis technique used is the panel data multiple linear regression analysis technique with the Random Effect Model approach. The results of the study indicate that market risk has a negative and significant effect on the investment decisions of banking companies in Indonesia. Leverage has a negative and significant effect on the investment decisions of banking companies in Indonesia. Diversification does not have a significant effect on the investment decisions of banking companies in Indonesia. Diversification does not have a significant effect on the investment decisions of banking companies in Indonesia.