Analisis Pengaruh Kinerja Keuangan Terhadap Harga Saham Pada Perusahaan Yang Terdaftar Di BEI

Authors

  • Yogi Indra Gunawan Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Surakarta
  • Suyatmin Waskito Adi Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Surakarta

Keywords:

Financial Performance, Stock Prices

Abstract

The stock price is an parameters of the success of company’s management. If the stock price of a company continues to increase, potential investors will judge that the company's management is successful. This study aimed to analyze the influence of financial performance on stock prices in manufacturing companies for the 2016-2018 period. Financial performance is the liquidity, the profitability ratio, the solvency ratio (leverage) and the ratio activity. Meanwhile, the stock price is obtained from the closing price of the stock. The sampling method in this study is purposive sampling. There are 102 samples in this study. The method used for data collection in this study is the documentation method. The analytical techniques conducted by descriptif statistic dan classical assumption test and also hypothesis was tested using multiple linier regresional method, Adjusted R2 test, F test and t test. The results showed that the variable liquidity ratio and activity ratio significantly affect on stock price. Meanwhile, Profitability ratios and solvency ratios have no significant effect on stock prices. From the results of testing this hypothesis, it can be concluded that investors do not see the factors of high and low profit generated and the company's financial risk in investing in the capital market.

References

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Published

2021-03-29

Issue

Vol. 8 No. 1: Februari 2021

Section

Articles

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