Pengaruh Rasio Keuangan Terhadap Harga Saham Perusahaan Sektor Teknologi Di Bei

Authors

DOI:

10.33395/owner.v8i1.1788

Keywords:

Debt to Equity Ratio, Current Ratio, Return on Equity, Net Profit Margin, Total Asset Turnover

Abstract

One of the objectives of financial management is to maximize the value of the company. For companies that are already listed on the stock exchange, this objective can be achieved by maximizing the value of the relevant market price. The purpose of conducting existing research is to test empirically the effect of the Debt to Equity Ratio (DER), Current Ratio (CR), Return on Equity (ROE), Net Profit Margin (NPM), and Total Asset Turnover (TATO) on stock prices of technology sector companies listed on the list on the Indonesia Stock Exchange. The research data includes financial data for the 2018-2021 period. The estimation method used is panel data regression. The results of the study provide empirical evidence that Total Asset Turnover (TATO) has a significant effect on the stock prices of technology sector companies listed on the IDX for the 2018-2021 period. Other variables, namely CR, DER, ROE, and NPM have no effect on stock prices.

Downloads

Download data is not yet available.

        Plum-X Analityc

Author Biography

Komang Ayu Trisna Dayanti, Universitas Airlangga

 

 

References

Apsari, I. A., Dwiatmoko, B., & Azizah, D. F. (2015). Return on equity, net profit margin, debt to equity ratio, and long-term debt to equity ratio, and price book value. Jurnal Administrasi Bisnis, 27(2), 23-33.

Asri, Indarti. 2011. Pengaruh Net Profit Margin (NPM), Return On Assets (ROA) Dan Return On Equity (ROE) Terhadap Harga Saham Yang Terdaftar Dalam Indeks Emiten LQ45 Tahun 2008 – 2010. Jurnal Ekonomi dan Manajemen.

Brigham, E.F., Houston, J.F. 2012. Fundamentals of Financial Management, 11th Edition, Book One. Translation: Ali Akbar Yulianto. Jakarta, Salemba Empat.

Daniel, H. 2015. The Effect of Internal Factors on Stock Price of The Company LQ 45 Listed on the Indonesian Stock Exchange (IDX). EMBA Journals, 3(3), 863-876.

Dewi, P.D.A., Suaryana, I.G.N.A. 2013. Effect of EPS, DER, and PBV on Share Price. E-Journal of Accounting Udayana University, 4(1), 215-229.

Djazuli, Ahamd & Fitri R. Aisjah. 2016. Pengaruh Laba Akuntansi, Nilai Buku Ekuitas, dan Total Arus Kas terhadap Harga Saham (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia). Jurnal Aplikasi Manajemen. Vol.14(1):169-175.

Fahmi, I. (2018). Analisis Laporan Keuangan (D. Handi (ed.)). Alfabeta, cv.

Herawati, A., & Putra, A. S. 2018. The Influence of Fundamental Analysis on Stock Prices: The Case of Food and Beverage Industries. European Research Studies Journal. XXI(3), pp. 316-326.

Hutapea, A. W., Saerang, I. S., & Tulung, J. E. 2017. Pengaruh Return On Assets, Net Profit Margin, Debt To Equity Ratio, Dan Total Assets Turnover Terhadap Harga Saham Industri Otomotif Dan Komponen Yang Terdaftar Di Bursa Efek Indonesia. Jurnal EMBA, 5(2), Hal. 541-552.

Jermsittiparsert, K., Ambarita, D.E., Mihardjo, L. W.W., & Ghani, E.K. 2019. Risk Return Through Financial Ratios As Determinants Of Stock Price: A Study From Asean Region. Journal of Security and Sustainability Issues, 9(1). http://doi.org/10.9770/jssi.2019.9.1(15)

Kasmir. (2017). Analisis Laporan Keuangan (Cetakan-8). Pt. Rajagrafindo Persada.

Kohansal, M.R., Dadrasmoghaddam, A., Karmozdi, K.M., Mohseni, A. 2013. Relationship between Financial Ratios and Stock Prices for the Food Industry Firms in Stock Exchange of Iran. World Applied Programming, 3(10), 512-521.

Mohanram, P., Saiy, S., & Vyas, D. (2018). Fundamental analysis of banks: the use of financial statement information to screen winners from losers. Review of Accounting Studies, 23(1), 200–233. https://doi.org/10.1007/s11142-017-9430-2

Pokharel K. P., Archer D. W., & Featherstone, A. M. (2020). The impact of size and specialization on the financial performance of agricultural cooperatives. Journal of Co-operative Organization and Management, 8(2), 18-30. https://doi.org/10.1016/j.jcom.2020.100108

Saefudin, Asep. (2001), Panduan Investasi di Pasar Modal Indonesia (a Guidance for Investment on Indonesia Stock Market). BNI Securities. Jakarta.

Sihotang, A. S., & Munir, A. (2021). Analysis of The Profitability Ratio Effect, Market Value Ratio, and Coal Prices to Stock Prices of Coal Companies. In Journal of Management and Leadership (Vol. 4, Issue 1).

Subramanyam, K. R., & Wild, J. J. (2009). Financial statement analysis. McGraw-Hill Irwin.

Sunaryo, 2011. Analisis Pengaruh ROA, ROE, dan EPS Terhadap Harga Saham Pada Kelompok Industri Barang Konsumsi yang Terdaftar di BEI. Binus Business Riview, Vol 2. No 1. 2011

Sukesti, F., Ghozali, I., Fuad, F., Almasyhari, A. K., & Nurcahyono, N. (2021). Factors Affecting the Stock Price: The Role of Firm Performance. Journal of Asian Finance, Economics and Business, 8(2), 165–173. https://doi.org/10.13106/jafeb.2021.vol8.no2.0165

Rahmanto, B., & Nurjanah, S. 2017. Influence Analysis of Fundamental Information, Company Size and Sales Growth Toward Share Price (Studies in Pharmacy Industry Company Listed in Indonesia Stock Exchange). International Journal of Economic Research Influence Analysis of Fundamental Information, Company Size and Sales Growth Toward Share Price International Journal of Economic Research, 14.

Rusdiyanto, dkk. 2020. The Effect Of Earning Per Share, Debt To Equity Ratio And Return On Assets On Stock Prices: Case Study Indonesian. Academy of Entrepreneurship, 26(2).

Tumandung, C. O., Murni, S., & Baramuli, D. N. 2017. Analisis Pengaruh Kinerja Keuangan Terhadap Harga Saham Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di BEI Periode 2011 – 2015. Jurnal EMBA, 5(2).

Downloads

Published

2024-01-01

How to Cite

Dayanti, K. A. T. ., Primasatya, R. D., & Hendri Arya Fernando. (2024). Pengaruh Rasio Keuangan Terhadap Harga Saham Perusahaan Sektor Teknologi Di Bei. Owner : Riset Dan Jurnal Akuntansi, 8(1), 793-802. https://doi.org/10.33395/owner.v8i1.1788