TEZAR, MUHAMMAD (2020) ANALISIS PENGARUH KINERJA KEUANGAN TERHADAP RETURN SAHAM PERUSAHAAN FOOD AND BEVERAGES DI BURSA EFEK INDONESIA PERIODE 2015-2019. S2 thesis, Universitas Mercu Buana Jakarta.
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Abstract
This study aims to determine the Effect of Financial Performance on Food and Beverage Company Stock Return in Indonesia Stock Exchange Period 2015-2019. The research method used is an associative method that aims to determine the effect two or more variables. Samples were taken with a purposive sampling technique of 12 companies from a population of 15 food and beverages companies on the Indonesia Stock Exchange, while the research data collection instruments for each variable were using financial performance ratios and stock returns. The results of the research analysis found that the model used is the Fixed Effect Model with the results: First, there is no significant effect between the ratio of liquidity to stock returns; Second, there is no significant effect between the ratio of activity to stock returns; Third, there is no significant effect between leverage ratio on stock returns; Fourth, there is a significant influence between the ratio of profitability to stock returns; and The Last, there is a significant influence between market value on stock returns. The coefficient of determination based on the results of data processing with Eviews shows a value of 0,568964, this means that 56,89% of the variable variation in stock returns can be explained by the variable effect of liquidity ratios, activities, leverage, profitability, and market value. While the rest of 43,11% is explained by other factors outside the regression model in this study. Keywords: Stock Returrn, Liquidity, Activity, Leverage, Profitability, Market Value Penelitian ini bertujuan untuk mengetahui Pengaruh Kinerja Keuangan Terhadap Return saham Perusahaan Food and Beverages di Bursa Efek Indonesia Periode 2015-2019. Metode yang digunakan metode asosiatif yang bertujuan mengetahui pengaruh dua variabel atau lebih. Sampel diambil dengan teknik purposive sampling sebanyak 12 perusahaan dari populasi sebanyak 15 perusahaan food and beverages di Bursa Efek Indonesia, sedangkan instrumen pengumpulan data penelitian untuk setiap variabel adalah dengan menggunakan rasio kinerja keuangan dan return saham. Hasil analisis penelitian yang didapatkan adalah model yang digunakan adalah Fixed Effect Model dengan hasil yaitu tidak terdapat pengaruh yang signifikan antara rasio likuiditas terhadap return saham, tidak terdapat pengaruh yang signifikan antara rasio aktivitas terhadap return saham, tidak terdapat pengaruh yang signifikan antara rasio leverage terhadap return saham, terdapat pengaruh yang signifikan antara rasio profitablitias terhadap return saham, dan terdapat pengaruh yang signifikan antara nilai pasar terhadap return saham. Koefisien Determinasi berdasarkan hasil pengolahan data dengan Eviews menunjukkan nilai sebesar 0,568964 hal ini berarti 56,89% dari variasi variabel return saham dapat dijelaskan oleh variabel pengaruh rasio likuiditas, aktivitas, leverage, profitabilitas, dan nilai pasar. Sedangkan sisanya sebesar 43,11% dijelaskan oleh faktor-faktor lain diluar model regresi yang ada dalam penelitian ini. Kata Kunci : Return saham, Likuiditas, Aktivitas, Leverage, Profitabilitas, Nilai Pasar
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