PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Authors

  • Dewi Ummiyati Institut Dirosat Ilamiah Al-Amien Prenduan Sumenep, Indonesia
  • Cici’ Insiyah Institut Dirosat Ilamiah Al-Amien Prenduan Sumenep, Indonesia

DOI:

https://doi.org/10.28944/masyrif.v2i2.519

Abstract

The rapid development of the world capital market causes high competition in the business world, not least in the property and real estate business in Indonesia. This certainly encourages every company to continue to compete in improving the company's financial performance in order to attract investors to invest their capital for the company. The property and real estate sector is the most important sector as a driver of the economy in a country. In Indonesia, companies engaged in property and real estate are growing, indicating that the economy is growing in Indonesia. The purpose of this study is to identify and analyze the effect of financial performance on property and real estate stock prices on the Indonesia Stock Exchange. multiple linear regression analysis technique. The type of data used is secondary data. The results of this study indicate that there is a significant positive effect of the financial performance variables Current Ratio (CR), Return on Assets (ROA) and Debt to Equity Ratio (DER) simultaneously on stock prices (Price Earning Ratio (PER) in property companies and real estate listed on the Indonesia Stock Exchange (IDX) for the period 2105-2017 with a significant value of Fcount of 4,603 with a significance level of 0.01 (smaller than significant 0.05) while the value of Ftable is 2.70. This means that the value of Ftable is 2.70. Fcount > Ftable with a value of 4.603 > 2.70 and a sig. level of 0.01 < 0.05, so it can be concluded that the independent variables together have a significant effect on the dependent variable.

References

arikunto, suharsimi. Prosedur Penelitian Suatu Pendekatan Praktik. Jakarta: Rineka Cipta, 2006.

Fahmi, Irham. Manajemen Keuangan Perusahaan Dan Pasar Modal. Jakarta: Mitra Wacana Media, 2014.

Harahap, Sofyan Syafri. Analisis Kritis Atas Laporan Keuangan. Jakarta: Raja Grafindo Persada, 2013.

Harsono, Budi. Efektif Bersama Saham. Jakarta: Gramedia, 2013.

Jumingan. Analisis Laporan Keuangan. Surakarta: Grafika Media, 2011.

Kasmir. Analisis Laporan Keuangan. Jakarta: Raja Grafindo Persada, 2010.

———. Analisis Laporan Keuangan. Jakarta: Raja Grafindo Persada, 2013.

liembono. Analisis Fundamental. surabaya: Menuju Insan Cemerlang, 2016.

Novianty, Via, Herlin Tundjung Setijaningsih, and Universitas Tarumanagara. “Pengaruh Firm Size , Profitability , Dan Ceo Duality†2 (2020): 1018–1025.

Ponggohong, Jaqualine O.Y., Sri Murni, and Marjam Mangantar. “Pengaruh Kinerja Keuaangan Terhadap Harga Saham (Studi Pada Perusahaan Ritel Yang Terdaftar Di BEI Tahun 2010-2013).†Jurnal Berkala Ilmiah Efisiensi 16, no. 01 (2016): 883–894.

prasetyo, bambang. Metode Penelitian Kuantitatif. Jakarta: Rajawali Pers, 2013.

Ramadhan, 2014. “Universitas Islam Indonesia Fakultas Ekonomi.†Fakultas Ekonomi Manajemen Universitas Islam Indonesia (2019): 1–21. https://dspace.uii.ac.id/bitstream/handle/123456789/6330/JURNAL.pdf?sequence=2&isAllowed=y.

Raymond, Budiman. Investing Is Easy. Jakarta: Gramedia, 2017.

Simatupang, Mangasa. Pengetahuan Praktis Investasi Saham Dan Reksadana. Jakarta: Mitra Wacana Media, 2010.

Siswono, Sony. , Analisis Fundamental Dan Teknikal. Jakarta: Gramedi Pustaka Utama, 2013.

Sugiono. Metodologi Penelitian Bisnis. Bandung: Alfabeta, 2012.

Zainal, Veithzal Rivai. Manajemen Investasi Islam. Yogyakarta: BPFE, 2016.

www.indonesia-investment.com, diakses pada Rabu, 27-09-2018.

Downloads

Published

2021-12-20

Issue

Vol. 2 No. 2 (2021): Masyrif : Jurnal Ekonomi, Bisnis dan Manajemen

Section

Articles

Citation Check

License

Authors who publish with this journal agree to the following terms:

Masyrif : Jurnal Ekonomi, Bisnis dan Manajemen published under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0). This license permits anyone to Share: copy and redistribute this material in any form or format; Adaptation: compose, modify, and make derivatives of this material for any purpose, including commercial purposes, as long as they include credit to the Author for the original work.

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.

Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access)