Pengaruh Return on Assets dan Debt to Equity Ratio terhadap Harga Saham pada Institusi Finansial di Bursa Efek Indonesia
DOI:
https://doi.org/10.21512/tw.v14i1.642Keywords:
return on assets, debt to equity ratio, stock priceAbstract
This study aims to determine the effect of Return on Assets and Debt to Equity Ratio of Stock Price on Financial Institutions in Indonesia Stock Exchange. This study used secondary data, with samples 2 financial companies in Indonesia Stock Exchange during the study period 2004-2010. Independent variables in this study are Return on Assets and Debt to Equity Ratio. This study used purposive sampling technique. The method of data analysis used classical assumption test, hypothesis test, multiple regression analysis, the F test and t test. Based on results of the study, Return on Assets and Debt to Equity Ratio have no significant effect on stock price. Meanwhile, the F test result shows that Return on Assets and Debt to Equity Ratio jointly have no effect on stock price.
Plum Analytics
References
Anastasia, N. (2003). Analisis faktor fundamental dan risiko sistematik terhadap harga saham properti di BEJ. Jurnal Akuntansi dan Keuangan, 5(2), 123–132.
Dendawijaya, L. (2003). Manajemen Perbankan. Jakarta: Ghalia Indonesia.
Ferdinand, A. (2011). Metode Penelitian Manajemen. Semarang: Indoprint.
Ghozali, I. (2006). Aplikasi Analisis Multivariate dengan Program SPSS. Semarang: Badan Penerbit Universitas Diponegoro.
Harahap, S. S. (2010). Analisis Kritis atas Laporan Keuangan. Jakarta: Raja Grafindo Persada.
Hasan, M. I. (2005). Pokok-pokok Materi Statistik 1 (Statistik Deskriptif). Jakarta: Bumi Aksara.
Kasmir. (2008). Bank dan Lembaga Keuangan Lainnya. Jakarta: Raja Grafindo Persada.
Kusumawardani, A. (2010). Analisis Pengaruh EPS, DER, ROE, FL, CR, dan ROA terhadap Harga Saham. Universitas Gunadarma.
Lestari, M. I. & Sugiharto, T. (2007). Kinerja bank devisa dan bank non devisa dan faktor-faktor yang mempengaruhinya. Proceeding PESAT (Psikologi, Ekonomi, Sastra, Arsitek & Sipil), 2. Fakultas Ekonomi, Universitas Gunadarma.
Mardiyanto, H. (2009). Intisari Manajemen Keuangan. Jakarta: Grasindo.
Rinati, I. & Budiman. (2009). Pengaruh Net Profit Margin, Return On Assets, dan Return On Equity terhadap Harga Saham pada Perusahaan yang Tercantum dalam Indeks LQ45. Jakarta: Universitas Gunadarma.
Riyadi, S. (2006). Banking Assets and Liability Management. Edisi 3. Jakarta: Lembaga Penerbit Fakultas Ekonomi Universitas Indonesia.
Rusdin. (2008). Pasar Modal: Teori, Masalah dan Kebijakan dalam Praktik. Bandung: Alfabeta.
Sasongko, Noer dan Nila Wulandari. 2006. Pengaruh EVA dan rasio-rasio profitabilitas terhadap harga saham. Empirika, 19(1), 64–80.
Stella. (2009). Pengaruh PER, DER, ROA dan PBV terhadap Harga Pasar Saham.” Jurnal Bisnis dan Akuntansi, 11(2), 97–106.
Subiyantoro, E. & Andreani, F. (2003). Analisis faktor-faktor yang memengaruhi harga saham. Jurnal Manajemen & Kewirausahaan, 5(2), 171–180.
Umar, H. (2004). Manajemen Riset Pemasaran dan Perilaku Konsumen. Jakarta: Gramedia Pusaka.
Weston, J. F. & Copeland, T. E. (1999). Manajemen Keuangan. Edisi 8. Jakarta: Bina Rupa Aksara
Wulandari, D. A. (2009). Analisis faktor fundamental terhadap harga saham. Jurnal Akuntansi & Keuangan, Oktober.
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
a. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License - Share Alike that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
b. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
c. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
USER RIGHTS
All articles published Open Access will be immediately and permanently free for everyone to read and download. We are continuously working with our author communities to select the best choice of license options, currently being defined for this journal as follows: Creative Commons Attribution-Share Alike (CC BY-SA)
