WULANDARI, WIDYA NOVIYANTI (2020) PENGARUH FAKTOR-FAKTOR FUNDAMENTAL TERHADAP HARGA SAHAM: STUDI EMPIRIS PADA SAHAM BUMN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014-2018. S2 thesis, Universitas Mercu Buana Jakarta-Menteng.
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Abstract
Investment activities carried out by investors to obtain a profit. The basis for investors' decisions to invest in the capital market is the level of risk and return and the relationship between return and risk. Therefore, it is necessary to do stock valuation on the shares that will be purchased before investing in certain shares that could be reflected based on the development of stock prices. However, stock price fluctuations often occur, therefore investors need to do stock analysis or valuation before making a decision to invest their funds by buying shares of a company. Investors can use fundamental analysis to value stocks. In fundamental analysis, investors are based on company performance using data from the company's financial statements. This study aims to analyze the impact of fundamental s factors on stock price: empirical study on Indonesian SOEs stocks which is listed in Indonesian Stock Exchange period 2014 – 2018. This study is an associative research with a quantitative and statistic approach. Data used is panel data model which are 16 non-banking Indonesian SOEs companies listed in Indonesian Stock Exchange during 2014 until 2018. The result show that simultaneously the independent variables Return on Equity (ROE), Debt to Equity Ratio (DER), Current Ratio (CR), and Price Earnings Ratio (PER) affect the Stock price of non-banking SOEs listed in the Indonesian Stock Exchange period 2014 - 2018. Partially, the independent variables ROE and DER has not significant effect on Stock price, while CR and PER has a negative and significant effect on Stock Price of non-banking SOEs listed in the Indonesia Stock Exchange period 2014 – 2018. Keywords: Stock Price, Fundamental factors Kegiatan investasi dilakukan investor untuk memperoleh keuntungan. Dasar keputusan investor melakukan investasi di pasar modal yaitu tingkat return risiko serta hubungan antara return dan risiko. Oleh karena itu investor perlu melakukan penilaian saham yang akan dibeli sebelum berinvestasi pada saham tertentu yang dapat tercerminkan berdasarkan perkembangan harga saham. Namun demikian fluktuasi harga saham seringkali terjadi, sehingga investor perlu menganalisis saham sebelum memutuskan untuk menginvestasikan dananya untuk membeli saham suatu perusahaan. Investor dapat menggunakan analisis fundamental untuk menilai saham perusahaan. Pada analisis fundamental investor medasarkan pada kinerja perusahaan dengan menggunakan data-data dari laporan keuangan perusahaan. Penelitian ini bermaksud untuk menganalisis pengaruh faktor-faktor fundamental terhadap harga saham: studi empiris pada saham BUMN non perbankan yang terdaftar di Bursa Efek Indonesia periode 2014 – 2018. Penelitian ini merupakan penelitian asosiatif dengan pendekatan kuantitatif dan statistic. Data yang digunakan merupakan data panel yang terdiri dari 16 perusahaan BUMN non perbankan yang terdaftar di Bursa Efek Indonesia selama periode 2014 hingga 2018. Hasil penelitian menunujukkan bahwa secara simultan variabel independent yang terdiri dari Return on Equity (ROE), Debt to Equity Ratio (DER), Current Ratio (CR), dan Price Earnings Ratio (PER) berpengaruh terhadap harga saham perusahaan BUMN non perbankan yang terdaftar di Bursa Efek Indonesia selama periode 2014 hingga 2018. Sementara secara parsial variabel independent ROE dan DER tidak memiliki pengaruh yang signifikan terhadap harga saham, namun sebaliknya variabel CR dan PER memiliki pengaruh negatif dan signifikan terhadap harga saham perusahaan BUMN non perbankan yang terdaftar di Bursa Efek Indonesia selama periode tahun 2014 hingga 2018. Kata Kunci: Harga Saham, Faktor Fundamental.
Item Type: | Thesis (S2) |
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Call Number CD: | CDT-551-20-039 |
Call Number: | T-51-MKU-20-005 |
NIM/NIDN Creators: | 55117110061 |
Uncontrolled Keywords: | stock price, fundamental factors, harga saham, faktor fundamental |
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: | MELATI CAHYA FITRIANI |
Date Deposited: | 16 Feb 2022 05:02 |
Last Modified: | 18 Jun 2022 04:24 |
URI: | http://repository.mercubuana.ac.id/id/eprint/56191 |
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