Pengaruh Profitabilitas, Solvabilitas, Likuiditas Dan Size Terhadap Harga Saham Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia (Bei) Periode 2016-2021
Abstract
This research was prepared with the aim of testing and analyzing the effect of Profitability, Solvency, Liquidity and Size on stock prices in Manufacturing Companies in the consumer goods sector that have been listed on the Indonesia Stock Exchange (IDX) in the period 2016 to 2021. The method used by researchers is purposive sampling with the criteria for company data during the period 2016 to 2021, has positive profits, has never been suspended. The sample used consists of 191 data on consumer goods industry companies listed on the Indonesia Stock Exchange between 2016 and 2021. The Multiple Linear Analysis method is used by researchers in analyzing data and processed using SPSS 25. The results of this study indicate that, profitability (X1), solvency (X2) and liquidity (X3) cannot affect stock prices (Y). Meanwhile, size has a negative influence on stock prices.
Keywords: Profitability, Solvency, Liquidity, Size, Stock Price
References
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Sudana, I. (2009). Manajemen Keuangan Teori dan Praktik. Surabaya: Airlangga University Press.
Sugiono, A., & Untung, E. (2016). Panduan Praktis Dasar Analisa Laporan Keuangan. Jakarta: PT Grasindo.
Sunarto, S., (2008). Peran Persistensi Laba Memperlemah Hubungan Antara Earnings Opacity Dengan Cost Of Equity Dan Trading Volume Activity Studi Empiris pada Perusahaan Go Public di Indonesia selain Sektor Keuangan dan Properti (Doctoral dissertation, Program Pasca Sarjana Universitas Diponegoro).
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Ariesa, Y., Tommy, Utami, J., Maharidha, I., Siahaan, N., & Nainggolan, N. (2020). The Effect of Current Ratio (CR), Firm Size (FS), Return on Equity (ROE), and Earning Per Share (EPS) on the Stock Prices of Manufacturing Companies listed in Indonesia Stock Exchange in the 2014-2018 Period. Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 3(4), 2759-2773. doi:https://doi.org/10.33258/birci.v3i4.1286
Badan Pusat Statistik.(2021). Retrieved Oktober 2022, from BPS Prov. DKI Jakarta: https://jakarta.bps.go.id/indicator/36/249/1/indeks-harga-saham-gabungan-menurut-sektor-dan-bulan.html
Hery. (2015). Pengantar Akuntansi Comprehensive Edition. Jakarta: PT Grasindo.
Hery. (2017). Kajian Riset Akuntansi Mengulas Berbagai Hasil Penelitian Terkini dalam Bidang Akuntansi dan Keuangan. Jakarta: PT Grasindo.
Husna, N., & Sunandar, N. (2021). Pengaruh Current Ratio (Cr), Debt To Equity Ratio (Der) Dan Net Profit Margin (Npm) Terhadap Harga Saham (Studi Empiris pada Perusahaan Manufaktur Sub Sektor Makanan dan Minuman yang Terdaftar di BEI Tahun 2016-2020) . Seminar Nasional Ekonomi dan Akuntansi , 1(1), 65-75. Retrieved from https://prosiding.senakota.nusaputra.ac.id/article/view/9
Inten, D., & Sijabat, D. (2022). Pengaruh Laba Bersih Dan Ukuran Perusahaan Terhadap Harga Saham Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2019. Jurnal Akuntansi dan Bisnis Krisnadwipayana, 549-558. doi:http://dx.doi.org/10.35137/jabk.v9i1.633
Kasmir. (2019). Pengantar Manajemen Keuangan. Jakarta: Kencana.
Martalena, & Malinda, M. (2019). Pengantar Pasar Modal . Yogyakarta: Andi.
Nasution, I., & Angelin. (2021). The Influence Of Return On Assets, Current Ratio And Earning Pershare On Stock Prices Of Manufacturing Companies In The Consumption Industry Sector In The Indonesia Stock Exchange 2012-2015. International Journal Of Science, Technology & Management Vol 2 No 4, 2(4), 1383-1386. doi:https://doi.org/10.46729/ijstm.v2i4.251
Novita, R., Djazuli, A., & Choiriyah. (2022). The Effect of Profitability, Company Size and Capital Structure on Stock Prices in the Consumer Goods Industry Sector Listed on the Indonesia Stock Exchange. International Journal of Finance Research Vol 3 No 2, 3(2), 101-112. doi:http://dx.doi.org/10.47747/ijfr.v3i2.783
Oktaviani, R., Susanti, D., Sunarto, S., & Udin, U. (2019). The Effect Of Profitability, Tax Avoidance And Information Transparency On Firm Value: An Empirical Study In Indonesia. International Journal Of Scientific & Technology Research, 8(11), 3777-3780.
Putranto, R. C., Anita, W., & Masitoh, E. (2019). Pengaruh Likuiditas, Profitabilitas, Solvabilitas, dan Ukuran Perusahaan terhadap Harga Saham Perusahaan Industri Barang Konsumsi di Bursa Efek Indonesia. Seminar Nasional IENACO – 2019, 373-380.
Risyafli, I., & Chaerudin, C. (2021). The Impact From Return Of Equity (ROE), Return Of Asset (ROA), AND Earning Per Shares (EPS) on Primary Consumer Sector (Consumer Non-Cyclicals) Companies On The Idx During 2014-2019. Dinasti International Journal of Digital Business Management (June 2021) Vol 2 No 4, 2(4). doi:https://doi.org/10.31933/dijdbm.v2i4.874
Salim, M., & Firdaus, Z. (2020). Determinants Of Firm Value And Its Impact On Stock Prices (Study In Consumer Good Public Companies In IDX 2014-2018). Dinasti International Journal of Education Management And Social Science, 2(1), 41-54. doi:https://doi.org/10.31933/dijemss.v2i1.506
Santosa, A., & Aprilyanti, R. (2020). Pengaruh Arus Kas Operasi, Debt To Asset Ratio (DAR), Kepemilikan Institusional Dan Return on Asset (ROA) Terhadap Harga Saham Pada Perusahaan Sub Sektor Property Dan Real Estate Yang Terdaftar Di Bursa Efek Indonesia (BEI) Tahun 2017-2019. ECo-Fin, 2(3), 104-113. doi:https://doi.org/10.32877/ef.v2i3.380.
Siagian, A., Wijoyo, H., & Cahyono, Y. (2021). The Effect of Debt to Asset Ratio, Return on Equity, and Current Ratio on Stock Prices of Pharmaceutical Companies Listed on the Indonesia Stock Exchange 2016-2019 Period. Journal of World Conference (JWC) 2021, 3(2), 309-314. Retrieved from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3905139
Sigar , P., & Kalangi, L. (2019). Pengaruh Ukuran Perusahaan Dan Pertumbuhan Penjualan Terhadap Harga Saham Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia. Jurnal EMBA Vol 7 No 3, 3029 – 3039.
Subing, H., Kusumah, R., & Gusni. (2017). An empirical analysis of internal and external factors of stock pricing: Evidence from Indonesia. Problems and Perspectives in Management. Problems and Perspectives in Management. , 15(4), 178-187. doi:http://dx.doi.org/10.21511/ppm.15(4-1).2017.02
Sudana, I. (2009). Manajemen Keuangan Teori dan Praktik. Surabaya: Airlangga University Press.
Sugiono, A., & Untung, E. (2016). Panduan Praktis Dasar Analisa Laporan Keuangan. Jakarta: PT Grasindo.
Sunarto, S., (2008). Peran Persistensi Laba Memperlemah Hubungan Antara Earnings Opacity Dengan Cost Of Equity Dan Trading Volume Activity Studi Empiris pada Perusahaan Go Public di Indonesia selain Sektor Keuangan dan Properti (Doctoral dissertation, Program Pasca Sarjana Universitas Diponegoro).
Sunarto, S., & Budi, A. (2009). Pengaruh Leverage, Ukuran Dan Pertumbuhan Perusahaan Terhadap Profitabilitas. Jurnal Ilmiah Telaah Manajemen, 6(1).
Tannia, Y., & Suharti. (2020). Analisis Pengaruh Debt to Equity Ratio, Debt to Asset Ratio, Price Earning Ratio dan Price to Book Value Terhadap Harga Saham Pada Perusahaan Sektor Pertanian. INVEST: Jurnal Inovasi Bisnis dan Akuntansi, 1(1), 13-26. doi: https://doi.org/10.55583/invest.v1i1.19
Welan, G., Rate, P., & Tulung, J. (2019). Pengaruh Profitabilitas, Leverage Dan Ukuran Perusahaan Terhadap Harga Saham Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar Di BEI Periode 2015-2017. Jurnal EMBA Vol 7 No 4, 5664-5674.
Widodo, A., Suhendro, & Siddi, P. (2022). Pengaruh Rasio Keuangan Terhadap Harga Saham Pada Perusahaan Manufaktur. Owner : Riset Dan Jurnal Akuntansi, 6(2), 1260-1268. doi:https://doi.org/10.33395/owner.v6i2.675
Published
2023-10-01
Section
Articles
