PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN TELEKOMUNIKASI DI BURSA EFEK INDONESIA

Handoyo, Sarwo Edy and Darsono, Deny (2011) PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN TELEKOMUNIKASI DI BURSA EFEK INDONESIA. Karya Ilmiah Dosen.

[img] Text
2229-4830-1-SM.pdf - Published Version

Download (414kB)

Abstract

The objective of this research is to assess the financial performance of the largest telecommunication companies in Indonesia and find the financial elements of performance that represented the ratio of finance that have significant influence on the stock price. The comparison analysis method is used to assess financial performance and stock prices, and statistical methods, the method regression to analyze the influence of the ratio of the financial data derived from Indonesian Stock Exchange (BEI) from 2008 until 2004, the price of the shares. Independent variables used are current ratio, acid-test ratio, NPM, ROA, ROE, debt to total assets, assets turnover, price earnings ratio (PER), and market / book ratio (MBR). The comparative analysis of the financial ratio indicates company has the best performance possible in terms of profitability, but likuidity less good. Then, the aspect of leverage, activity and market value, the company has a strong performance. Then, for stock price performance is also good because it always is in the top of the IHSG and fluctuation, but still profitable. Meanwhile, test results from the influence of financial performance achieved against that stock prices, that results obtained assets turnover noncumulative, PER and MBR significant effect on stock prices. However, after the test using the multiple regression assets turnover noncumulative, PER and MBR no significant effect.

Item Type: Article
Subjects: Karya Ilmiah Dosen > Fakultas Ekonomi
Divisions: Fakultas Ekonomi > Akuntansi
Fakultas Ekonomi > Manajemen
Depositing User: Puskom untar untar
Date Deposited: 03 Apr 2017 07:07
Last Modified: 03 Apr 2017 07:07
URI: http://repository.untar.ac.id/id/eprint/265

Actions (login required)

View Item View Item