Interdependensi Informasi Fundamental Keuangan Terhadap Harga Saham Perusahaan (Analisis Data pada Perusahaan Asuransi Terbuka Tahun 2008 -2012)
DOI:
https://doi.org/10.21512/bbr.v5i1.1206Keywords:
fundamental company information, financial performance, canonical correlationAbstract
This study analyzed the effect of fundamental information of a company such as company financial performance in the form of financial ratios, namely the coefficient of DAR, DER, ROA, ROE, OPM and NPM of the company's stock price in general, either in closing stock price (Pclose), PBV or PER. The object of research is the insurance companies listed on Indonesia stock exchanges until the analysis was conducted in 2013. The number of samples used is equal to the total population of listed companies until 2013, which publish their financial report, as many as nine companies. The type of data used are secondary data in a form of panel (pooled data). The period of data between 2008 and 2012. The analytical tool used is multiple regression and multivariate Formative Structural Equation Modeling is often called Canonical Correlation (CanCorr). By using Level Of Confident of between 90% to 99%, the results of multiple regression analysis (assuming simultaneous) showed that together all of these variables affect the financial performance of the PER and PBV, but had no effect on Pclose. By using Canonical Correlation analysis, the results showed statistically significant canonical variables of fundamental financial information firm canonical variables significantly influence to the financial performance of the company.
Plum Analytics
References
Fama, French. (1988). Devidend Yields and Expected Stock Returns. Journal of Financial
Economics, 22(3), 25
Putri, Jumahir. (2012). Pengaruh EPS, DER, Kebijakan Deviden, dan Resiko Sistematis
terhadapHarga Saham Perusahaan yang Terdaftar di BEI (Studi Pada perusahaan yang
masuk dalam Indeks LQ45 di Bursa EfekIndonesia periode 2009-2011). Diakses dari
https://mailattachment.googleusercontent.com/attachment/?ui=2&ik=8bdef74583&view=att
&th=1429c63b95be9cd9&attid=0.2&disp=safe&realattid=f_hojce1601&zw&saduie=AG9B
_P_f3SDRUWoAW30eP9L2LfeW&sadet=1385785661010&sads=0s_C4eGRyJVifTrDUjlI4G
LoXio
Rosalina, Kuleh , Nadir (2013), Pengaruh Rasio Profitabilitas Terhadap Harga Saham Pada Sektor
Industri Barang Konsumsi Yang Terdaftar di BEI. Jurnal Publikasi Ilmiah, 1(1). Diakses dari
http://journal.feunmul.in/ojs/index.php/publikasi_ilmiah/article/download/39/35
Uli, Sunarto. (2009). Fundamental dan risiko Sistematik serta harga saham pada perusahaan sektor
industri barang konsumsi. Jurnal Ekonomi Bisnis, 1(14), 9 – 18.
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)