Analisis Pengaruh Kinerja Keuangan Perusahaan Terhadap Return Saham Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2018 - 2022
DOI:
https://doi.org/10.31539/costing.v7i4.8668Keywords:
Kinerja Keuangan, Rasio Solvabilitas, Rasio Profitabilitas, Rasio Likuiditas, Return SahamAbstract
Penelitian ini menguji hubungan antara kinerja keuangan dengan menggunakan proksi rasio solvabilitas (Debt to Equity Ratio, DER), rasio profitabilitas (Return on Equity Ratio, ROE), dan rasio likuiditas (Current Ratio, CR) dengan return saham. Dengan menggunakan populasi perusahaan sub sektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia, penelitian ini memperoleh 10 sampel penelitian yang diteliti pada periode 2018-2022. Hasil dari penelitian ini adalah uji F-test menemukan bahwa DER, ROE, dan CR secara simultan mampu menjelaskan variasi dan memberikan kontribusi terhadap return saham. Uji-t menunjukkan bahwa ROE memiliki pengaruh positif dan signifikan terhadap return saham. Sementara itu, DER dan CR ditemukan tidak berpengaruh signifikan terhadap return saham.
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Heerkens, Gary R. (2005). The Business Savvy Project Manager: Indispensable Knowledge and Skills for Success. New York: The McGraw-Hill Companies.
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Badan Pusat Statistik. (2023). The data’s of: Average Monthly per Capita, Inflation Rate, GDP Growth By Household Consumption. Website: https://www.bps.go.id/ accessed: 08 November 2023.
Bank Indonesia. (2022). PEKKI 2022 Edition. Website: https://www.bi.go.id/id/publikasi/laporan/Documents/3.PEKKI-2022_BAB-1. pdf Accessed 02 November 2023.
Budiyono & Santoso, S. B. (2019). The Effects of EPS, ROE, PER, NPM, and DER on the Share Price in the Jakarta Islamic Index Group in the 2014-2017 Period. Jurnal Manajemen Bisnis, 10(2), 177-191.
Chandra Setiawan & Hesty Oktariza, 2013. Syariah Conventional Stock Performance of Public Listed on Indonesia Stock Exchange, Journal of Accounting, Finance, & Economics. Vol. 3 No. 1, July 2013. PP 51-54.
Dellarosawati, I. Maria. 2010. The effect of financial performance to return and volatility of share manufacturing company registered in the IDX stoch Exchange. Sekolah Bisnis Manajemen Institut Teknologi Bandung (SBM ITB)
Khan, W. (2012). Impact of capital structure on stock returns: A case of Pakistani textile industry. Available at SSRN 2063554.
Komala, Lievia Angela Pinkan & Nugroho, Paskah Ika. 2013. The Effects Of Profitability Ratio, Liquidity, And Debt Towards Investment Return. E- Jurnal Manajemen Unud, Vol. 5, No. 5, 2016: 2972 - 2999 ISSN : 2302- 8912 Vol. 4. No.11.
Kotas, R. & Conlan, M. (1997). Hospitality accounting. London, United Kingdom: International Thomson Business Press.
Kurniawan, Angga. 2017. Effect of Financial Performance to Share Return By Making The Dividend Policy as a Moderate Variable in the Company listed in Jakarta Islamic Index (JII) Period 2007 – 2011. Akuisisi – Vol. 13, No. 1, April 2017.
Novianti, Dwi Anggraeni. 2018. The Effect Key Financial Ratios to Share Return in the Companies Listed on LQ45 Index Indonesia Stock Exchange (IDX), Sekolah Bisnis Manajemen Institut Teknologi Bandung (SBM ITB)
Razuk, Flavia Godoy. 2001. An assessment of financial ratios as predictor of casinos’s stock behavior. University of Nevada, Las Vegas.
Said Djamaludin, Jhesya Resiana and Djumarno. 2018. Analysis the Effect of NPM, DER, and PER on Return Share of Listed Company in Jakarta Islamic Index (JII) period 2011 – 2015. International Journal of Business and Management Invention (IJBMI), ISSN (Online): 2319-8028, ISSN (Print): 2319-801X, Vol 7 Issue 2 Ver. II, Feb 2018, PP-58-66.
Sakr, S. (1997). Financial ratios as predictors of stock market returns.Unpublished master's thesis, Mankato State University, Mankato, MN.
Schilit, W. K. (1998). Initial public offerings: Identifying "turnons" and "turnoffs". The Journal of Investing, 7 (4), 76.
Wahyudi, U., dan H.P. Pawestri. 2006. Implikasi Struktur Kepemilikan Terhadap Nilai Perusahaan: Dengan Keputusan Keuangan Sebagai Variabel Intervening. Makalah Disajikan dalam Simposium Nasional Akuntansi IX. Padang
Yudhia Mulya, Ririn Tursina. 2016. The effect of financial statement to the share return in the otomotive company that listed in Indonesia Stock Exchange. Jurnal Ilmiah Manajemen Fakultas Ekonomi, Vol. 2., No. 1., 2016 Edisi 2, Hal. 41-52
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2024-06-30
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