PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA
DOI:
https://doi.org/10.12928/fokus.v9i2.1560Keywords:
Liquidity Ratio (CR), Solvency Ratio (DER), Profitability Ratio (ROA), Activity Ratio (TATO), Stock PriceAbstract
This research aims to determine the effect of liquidity ratio (CR), solvency ratio (DER), profitability ratio (ROA), and activity ratio (TATO) on the Stock Price. The object that is used in this research are property and real estate sub sector companies listed in Indonesia Stock Exchange year 2015-2017. The population in this research is a whole of property and real estate sub sector companies listed in Indonesia Stock Exchange year 2015-2017 were 48 companies. The sampling technique is used purposive sampling with several criteria, namely property and real estate sub sector companies listed in Indonesia Stock Exchange year 2015-2017, companies that submit financial reports during the research period, and companies that have positive net income report. The number of samples that fit the criteria were 34 companies. Data were analyzed by using data regression analysis with Eviews 6 software. The results of this research showed that current ratio, debt to equity ratio and total asset turn over are partially have positive and not have significant effect on the stock price, while return on assets have negative and not have significant effect on the stock price. Simultaneously that the current ratio, debt to equity ratio, return on assets and total asset turnover not have significant effect on the stock price. R-square value of 0.019 indicates that the ability of the current ratio, debt to equity ratio, return on assets, and total asset turnover while explaining the Stock Price is 1.9%, and the 98.1% is explained by other variables which not contained in this research.Downloads
Published
2020-01-15
How to Cite
Wardana, M. G. W., & Fikri, M. A. (2020). PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA. Jurnal Fokus Manajemen Bisnis, 9(2), 206–228. https://doi.org/10.12928/fokus.v9i2.1560
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