ANALISIS PENGARUH RASIO-RASIO KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN ASURANSI UMUM DI BEI

Putra, Gandhi Perdana (2012) ANALISIS PENGARUH RASIO-RASIO KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN ASURANSI UMUM DI BEI. S2 thesis, Universitas Mercu Buana Jakarta-Menteng.

[img]
Preview
Text (Hal Cover)
Cover Jadi.pdf

Download (100kB) | Preview
[img]
Preview
Text (Abstrak)
Abstrak.pdf

Download (49kB) | Preview
[img] Text (Bab 1)
BAB 1.pdf
Restricted to Registered users only

Download (88kB)
[img] Text (Bab 2)
BAB 2.pdf
Restricted to Registered users only

Download (88kB)
[img] Text (Bab 3)
BAB 3.pdf
Restricted to Registered users only

Download (89kB)
[img] Text (Bab 4)
BAB 4.pdf
Restricted to Registered users only

Download (88kB)
[img] Text (Bab 5)
BAB 5.pdf
Restricted to Registered users only

Download (89kB)
[img] Text (Bab 6)
BAB 6.pdf
Restricted to Registered users only

Download (88kB)
[img] Text (Daftar Pustaka)
Daftar Pustaka.pdf
Restricted to Registered users only

Download (125kB)

Abstract

This research is performed to test the influence of independent variables Return On Asset (ROA), Return On Equity (ROE), Price to Earnings Ratio (PER), Earning Per Share (EPS), Debt to Equity Ratio (DER), dan Risk Based Capital (RBC) individually or collectively toward stock return and knowing where the dominant independent variables toward stock return. Sampling 9 general insurance company listed on the Stock Exchange from population 88 general insurance company. Sampling technique used was purposive sampling criteria (1) is listed on the Stock Exchange during the period 2005-2010 and a general insurance company. (2) available for the 2005-2010 financial statements. (3) and has no negative equity. Data consisted of the cross section is 9 general insurance companies and the time series 6-year period, amounting to 54 data. Analysis of the data used is a panel data regression. Before entering into the data processing panel to determine whether the model of Hausman test performed using a Random Effects Model or Fixed Effects Model. Having obtained the data processing model testing panel t-statistic and F- statistic. Based on the results of research only Price to Earnings Ratio individually significant positive effect on stock returns with probability t-statistic below 0.05. Financial ratios for the joint does not significantly affect stock returns with the probability of F-statistic above 0.05. Due to the Price to Earnings Ratio is only a significant effect on stock returns is the most dominant financial ratio Price to Earnings Ratio for sure. Keywords: Return On Asset (ROA), Return On Equity (ROE), Price to Earnings Ratio (PER), Earning Per Share (EPS), Debt to Equity Ratio (DER), dan Risk Based Capital (RBC), stock return, and general insurance companies. Penelitian ini dilakukan untuk menguji pengaruh variabel independen Return On Asset (ROA), Return On Equity (ROE), Price to Earnings Ratio (PER), Earning Per Share (EPS), Debt to Equity Ratio (DER), dan Risk Based Capital (RBC) secara individu ataupun bersama terhadap return saham dan mengetahui variabel independen mana yang dominan mempengaruhi return saham. Sampling 9 perusahaan asuransi umum yang terdaftar di BEI dari populasi 88 perusahaan asuransi umum. Teknik sampling yang digunakan adalah purposive sampling dengan kriteria (1) terdaftar di BEI selama jangka waktu 2005-2010 dan berupa perusahaan asuransi umum. (2) tersedia laporan keuangan selama waktu 2005-2010, (3) dan tidak memiliki ekuitas negatif. Data terdiri dari data cross section yaitu 9 perusahaan asuransi umum dan time series periode 6 tahun yang berjumlah 54 data. Analisis data yang digunakan adalah regresi data panel. Sebelum masuk ke dalam pengolahan data panel untuk menentukan model dilakukan pengujian hausman apakah menggunakan Model Efek Random atau Model Efek Tetap. Setelah didapat model pengolahan data panel dilakukan pengujian t-statistic dan F-statistic. Berdasarkan hasil penelitian hanya Price to Earnings Ratio secara individu berpengaruh positif signifikan terhadap return saham dengan probabilitas t-statistic dibawah 0.05. Untuk rasio-rasio keuangan secara bersama tidak signifikan mempengaruhi return saham dengan probabilitas F-statistic diatas 0.05. Dikarenakan hanya Price to Earnings Ratio yang signifikan berpengaruh terhadap return saham maka rasio keuangan yang paling dominan adalah Price to Earnings Ratio. Kata kunci: Return On Asset (ROA), Return On Equity (ROE), Price to Earnings Ratio (PER), Earning Per Share (EPS), Debt to Equity Ratio (DER), dan Risk Based Capital (RBC), return saham, dan perusahaan asuransi umum

Item Type: Thesis (S2)
Call Number CD: CDT-551-12-058
Call Number: TM/51/13/038
NIM/NIDN Creators: 55109120014
Uncontrolled Keywords: Return On Asset (ROA), Return On Equity (ROE), Price to Earnings Ratio (PER), Earning Per Share (EPS), Debt to Equity Ratio (DER), dan Risk Based Capital (RBC), stock return, and general insurance companie, Return On Asset (ROA), Return On Equity (ROE), Price to Earnings Ratio (PER), Earning Per Share (EPS), Debt to Equity Ratio (DER), dan Risk Based Capital (RBC), return saham, dan perusahaan asuransi umum, mku, manajemen keuangan
Subjects: 600 Technology/Teknologi > 650 Management, Public Relations, Business and Auxiliary Service/Manajemen, Hubungan Masyarakat, Bisnis dan Ilmu yang Berkaitan > 658 General Management/Manajemen Umum
Divisions: Pascasarjana > Magister Manajemen
Depositing User: Admin Perpus UMB
Date Deposited: 09 Jan 2013 10:24
Last Modified: 12 Jul 2022 04:26
URI: http://repository.mercubuana.ac.id/id/eprint/38420

Actions (login required)

View Item View Item