Pengaruh Rasio Lancar, Rasio Aktivitas, Rasio Profitabilitas, Laverage, Book Value Per Share, SBI, Inflasi dan Kurs IDR-USD terhadap Harga Saham: Penelitian Terhadap Perusahaan Telekomunikasi yang Terdaftar pada Bursa Efek Indonesia Perioda 2007-2010
PUTRANTO, AGUSTINUS DWI (Pembimbing: Irfan Nursasmito, Drs., M.Si., Ak.), Irfan Nursasmito, Drs., M.Si., Ak.
Penelitian ini dilakukann untuk menguji pengaruh antara perubahan rasio lancar, perubahan rasio aktivitas, perubahan rasio profitabilitas, perubahan leverage, perubahan book value per share, perubahan SBI, perubahan Inflasi, perubahan Kurs IDR-USD, terhadap perubahan harga saham perusahaan telekomunikasi yang terdaftar di Bursa Efek Indonesia Tahun 2007 triwulan ke -1 sampai dengan tahun 2010 triwulan ke-4. Metoda pemilihan sampel dalam penelitian ini adalah purposive sampling. Dari ke-8 total peruahaan yang terdaftar di Bursa Efek Indonesia selama perioda amatan, hanya 5 perusahaan yang memenuhi kriteria pemilihan sampel. Dengan demikian 5 perusahaan yang digunakan dalam penelitian ini. Penelitian ini menggunakan analisis regresi linier berganda dengan persamaan kuadrat terkecil dan uji hipotesis. Uji asumsi klasik juga digunakan dalam analisis data.
Sembilan variabel digunakan dalam penelitian ini, antara lain : perubahan net profit margin (NPM), perubahan current ratio (CR), perubahan total assets turnover (TATO), perubahan Earnings per Share (EPS), perubahan leverage (LEV), perubahan book value per share (BVS), perubahan tingkat suku bunga Bank Indonesia (BIRATE), perubahan tingkat inflasi (INF), perubahan nilai tengah kurs rupiah terhadap Dollar Amerika. (MIDKURSUSD). Berdasarkan Uji hipotesis, semua variable independen berpengaruh terhadap harga saham.
This research was conducted to test and know the effect of change in activity ratios, change in profitability ratio, change in leverage, change in book value per share, change in rate of SBI, change in exchange toward change in stock price in Telecommunication Industry which is listed in Indonesian Stock Exchange in 1st Quarter of 2007 through 2010 4th Quarter 2010. Using purposive sampling as its sampling method, from 8 companies listed from 1st Quarter of 2007 through 2010 4th Quarter 2010, only 5 fulfilled the criteria. This research used OLS multiple linier regression and hypothesis testing. The classical assumption of multiple linier regressions is conducted too.
There were 9 variables in this research, they were change in net profit margin (NPM), change in Current Ratio. (CR), change in total assets turnover (TATO). change in Earnings per Share (EPS), change in leverage (LEV). change in book value per share (BVS), change ini SBI rate (BI RATE), change ini inflation rate (INF), change ini IDR-USD exchange rate (MIDKURSUSD). Based on hypotesist test all independent variables have significant effect toward stock price.
Kata Kunci : change in (NPM), change in (CR), change in (TATO), change in EPS, change in leverage (LEV), change in (BVS), change in (BIRATE), change in (INF), change in (MIDKURSUSD), change in stock price, telecommunication industry, perubahan (NPM), perubahan (CR),
