Pengaruh Rasio Keuangan terhadap Harga Saham Rumah Sakit Privat yang Terdaftar di Bursa Efek Indonesia

Authors

  • Risandy Meda Nurjanah Universitas Airlangga

DOI:

10.33395/owner.v8i3.2286

Keywords:

Stock price, Liquidity, Profitability, Return on Assets, Solvability

Abstract

Private Hospital is a health institution aimed at profit. Some of them even trade shares on the stock exchange to obtain additional capital. The literature that examines share price of hospitals is still limited. For this reason, this research aims to obtain empirical results regarding the effect of financial ratios on private hospital stock prices. This research was conducted in Indonesia with testing year 2016 to 2022. Data source was obtained from OSIRIS with SIC 806. Researchers used STATA14 to carry out statistical tests. The tests carried out are Pearson correlation test, Classical assumption test, and Multiple linear regression test. Results show that ROA has a positive effect on stock prices, but other financial ratios used in the model have no significant effect.

Downloads

Download data is not yet available.

        Plum-X Analityc

References

Ang, R. (2001). Buku Pintar Pasar Modal Indonesia. Jakarta : Media Soft Indonesia.

Arkan, T. (2016). The Importance of Financial Ratios in Predicting Stock Price Trends?: A Case Study in Emerging Markets. Finance, Rynki Finansowe Ubezpieczenia, 79, 13–26.

Brigham, E. F., & Houston, J. F. (2001). Manajemen Keuangan. Jakarta : Erlangga.

Brindescu-Olariu, D. (2016). Solvency ratio as a tool for bankruptcy prediction. Ecoforum Journal, 5(2), 278-281.

Connelly, B. L., Certo, S. T., Ireland, R. D., & Reutzel, C. R. (2010). Signaling Theory: A Review and Assessment. Journal of Management, 37(1), 39–67.

Ernawati, F. Y., & Budiyono, R. (2019). Pengaruh Kompetensi Sumber Daya Manusia, Pemanfaatan Tehnologi Informasi dan Sistem Pengendalian Intern Terhadap Kualitas Laporan Keuangan Rumah Sakit Umum di Kabupaten Blora. MALA’BI: Jurnal Ekonomi Manajemen STEI Yapman Majene, 1(2), 86-93.

Fridana, I. O., & Asandimitra, N. (2020). Analisis Faktor Yang Memengaruhi Keputusan Investasi (Studi Pada Mahasiswi di Surabaya). Jurnal Muara Ilmu Ekonomi dan Bisnis, 4(2), 396-405.

Handoyo. (2023, Mei 18). Sektor Kesehatan Dinilai Cukup Defensif pada 2023, Begini Prospeknya. Diakses dari https://investasi.kontan.co.id/news/sektor-kesehatan-dinilai-cukup-defensif-pada-2023-begini-prospeknya.

Hashim, S. L. B. M., & Shahrumzaki, N. I. I. B. (2020). The Impact of Profitability, Leverage and Dividend on The Share Price of Food and Beverage Sector in Malaysia. Global Business and Management Research, 12(4), 535–539.

Ibendahl, G. (2016). Using solvency ratios to predict future profitability. Journal of ASFMRA, 195-201.

Landsbung, S. E. (2013). Price Theory and Application. United States of America?: Cengage Learning.

Mamilla, R., & Vasumathi, A. (2019). Is Apollo Tyres Creating or Destroying Shareholders’ Wealth?. South Asian Journal of Business and Management Cases, 9(1), 125-137.

Moeljadi. (2006). Manajemen Keuangan Pendekatan Kuantitatif dan Kualitatif Jilid 1. Malang : Bayumedia Publishing.

Mohamed, E. A., Ahmed, I. E., & Mehdi, R. (2020). Impact of Corporate Performance on Stock Price Predictions in the UAE Markets?: Neuro-Fuzzy Model. Intelligent Systems in Accounting Finance and Management , 28, 52–71.

Nisa, H. (2018). Pengaruh Rasio Keuangan Terhadap Harga Saham Pada Industri Sektor Pertanian Yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2016. Jurnal Pendidikan Ekonomi, 7(5), 399–407.

O’Conner, M. C. (1973). On the Usefulness of Financial Ratios to Investors in Common Stock. The Accounting Review, 48(2), 339-352.

Obeidat, M. I. (2009). The Internal Financial Determinants of Common Stock Market Price?: Evidence from Abu Dhabi Securities Market. Journal of Economic & Administrative Sciences, 25(1), 21–46.

Pranandyasari, F. A., & Munari. (2003). Pengaruh Profitabilitas, Ukuran Perusahaan dan Likuiditas Terhadap Harga Saham. Journal of Economics and Business, 7(1), 178–182.

Puspitasari, V. I., Lutfillah, N. Q., & Isrowiyah, A. (2021). Mengungkap Proses Penyusunan Laporan Keuangan pada Rumah Sakit Pemerintah. Jurnal Riset dan Aplikasi: Akuntansi dan Manajemen, 5(1), 27-36.

Saputra, I., Veny, & Mayangsari, S. (2018). Pengaruh Rasio Keuangan, Aksi Korporasi dan Faktor Fundamental Ekonomi Makro Terhadap Harga Saham. Jurnal Magister Akuntansi Trisakti, 5(1), 89–114.

Satryo, A. G., Rokhmania, N. A., & Diptyana, P. (2017). The influence of profitability ratio, market ratio, and solvency ratio on the share prices of companies listed on LQ 45 Index. The Indonesian Accounting Review, 6(1), 55-66.

Shi, F., Huang, B., Wu, C., & Jin, L. (2021). How Is Gross Profit Margin Overestimated in China?. Journal of Mathematics.

Syahputra, F. A., & Purwanto, E. (2022). Analisis Rasio Keuangan Untuk Memprediksi Kondisi Financial Distress Perusahaan Sektor Perdagangan Besar. Eqien-Jurnal Ekonomi Dan Bisnis, 11(2), 59–66.

Syamsuddin, Lukman. (2009). Manajemen Keuangan Perusahaan : Konsep Aplikasi dalam : Perencanaan, Pengawasan, dan Pengambilan Keputusan. Jakarta : Rajawali Pers.

Takarini, N., & Dewi, O. D. C. (2023). Analisis Rasio Keuangan Terhadap Harga Saham Pada Perusahaan Farmasi yang terdaftar di Bursa Efek Indonesia. Ekonomis?: Journal of Economics and Business, 7(1), 234–239.

Downloads

Published

2024-06-30

How to Cite

Nurjanah, R. M. . (2024). Pengaruh Rasio Keuangan terhadap Harga Saham Rumah Sakit Privat yang Terdaftar di Bursa Efek Indonesia. Owner : Riset Dan Jurnal Akuntansi, 8(3), 2263-2271. https://doi.org/10.33395/owner.v8i3.2286