PENGUJIAN TERHADAP HARGA SAHAM INDUSTRI PERTAMBANGAN YANG TERDAFTAR DI BEI
Keywords:
Current Ratio, Return on Equity, Stock price.
Abstract
Since the establishment of the COVID-19 pandemic, the mining industry has had a declining stock performance. This is especially the case for demand from the largest segment for the mining industry in Indonesia, namely China, India, and the Philippines, which has decreased due to the lockdown. In connection with this, it becomes an urgency to test the factors that can affect stock prices. Based on this, this study aims to examine the effect of the current ratio and return on equity on stock prices. The population in this study are mining industry companies listed on the IDX during 2016-2020. The research was conducted using purposive sampling method, as many as 15 companies that met the criteria. The analysis technique in this study is multiple linear regression analysis with the least square method. The results showed that partially the current ratio and return on equity had a positive and significant effect on stock prices.
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Supriyadi, S.G, dan Sunarmi. Pengaruh Current Ratio, Debt To Assets Ratio, Earning Per Share, Dividend Payout Ratio Terhadap Harga Saham Pada Perusahaan Manufaktur Sektor Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Periode 2010-2014. Journal Education and Economics. Volume 01 No. ISSN: 26549808. 2018.
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Asri, M.H. Analisis Rasio Dengan Variabel EPS (Earning Per Share), ROA (Return On Assets), ROE (Return On Equity), BOPO (Biaya Operasional Pendapatan Operasional) Terhadap Harga Saham Perusahaan Perbankan. Jurnal Ekonomi Bisnis. Volume 22. No. 3. 2017.
Alibhai, S., Bakker, E., Balasubramanian T.V., et al. Interpretation and Application of IFRS Standards. United Kingdom: John Wiley & Sons, Ltd. 2018.
Barus, A. C. Pengaruh Reaksi Pasar Terhadap Harga Saham Perusahaan yang Terdaftar di Bursa Efek Indonesia. Jurnal Wira Ekonomi Mikroskil. Vol. 4. No. 1. Page : 41-50. 2014.
Blocher, E., Chen, K., Cokins, G., & Lin, T. Manajemen Biaya Penekanan Strategis Edisi 3 Buku 2. Jakarta : Salemba Empat. 2017.
Coaltrans, Conference. Melihat Masa Depan Industri Pertambangan Batubara Indonesia Pasca Covid-19 dan UU Minerba Baru. 2020. Diunduh : http://www.apbi-icma.org/news/3086/melihat-masa-depan-industri-pertambangan-batubara-indonesia-pasca-covid-19-dan-uu-minerba-baru.
Estefania; Sativa, S., dan Noorliana, E. Analisis Pertumbuhan PDB Indonesia Melalui Pengembangan Sektor Pertambangan. Jurnal Indonesia Sosial Sains. Vol. 2. No. 5. Hal. 756-765. 2021. DOI : 10.36418/jiss.v2i5.293.
Fahmi, I. Manajemen Keuangan. Bandung : Alfabeta. 2018.
Gustmainar, J.M. Analisis Pengaruh Current Ratio, Debt To Equity Ratio, Gross Profit Margin, Return On Investment, Earning Per Share Terhadap Harga Saham Pada Perusahaan LQ 45 Yang Terdaftar Di Bursa Efek Indonesia Tahun 2010-2016. BILANCIA. Volume 2. No. 4. ISSN: 2549-5704. 2018.
Hamzah, A.R. Pengaruh CR dan EPS terhadap Harga Saham pada Perusahaan Farmasi di BEI Periode 2015-2018. Owner: Riset dan Jurnal Akuntansi. Volume 4. Nomor 2. e –ISSN : 2548-9224. 2020. https://doi.org/10.33395/owner.v4i2.299.
Hery. Pengantar Akuntansi (Comprehensif Edition). Jakarta: PT Grasindo. 2015.
Her. Analisis Laporan Keuangan, Jakarta: PT Grasindo. 2016.
Hendrayani, et al. Pengaruh Pengungkapan Corporate Social Responsibility Dan Leverage Terhadap Harga Saham: Profitabilitas Sebagai Pemoderasi. E-Jurnal Ekonomi Dan Bisnis Universitas Udayana. Volume 6. No. 11, 2017. ISSN: 2337-3067. 2017.
Kasmir. Analisis Laporan Keuangan. Jakarta: PT RajaGrafindo Persada. 2014.
Kusnandar, K. dan Sari, M. The Effects Of Liquidity, Solvency, And Profitability On Stock Price (A Study In PT. Telekomunikasi Indonesia Tbk. Period Of 2004- 2018). Journal of Accounting and Finance Management. E-ISSN : 2721-3013. Volume 1. Issue 2. 2020. DOI:10.38035/JAFM.
Mulyana, Ridwan Nanda. Akibat pandemi Covid-19, produksi batubara Indonesia anjlok 11%. 2020. Diunduh : https://industri.kontan.co.id/news/akibat-pandemi-covid-19-produksi-batubara-indonesia-anjlok-11.
Munira, M., Merawati, E.E., Astuti, B.S. Pengaruh ROE Dan DER Terhadap Harga Saham Perusahaan Kertas Di Bursa Efek Indonesia. Journal of Applied Business and Economics. Volume 4. No. 3. 2018.
Nugraha, N.M. dan Riyadhi, N.R. The Effect of Cash Flows, Company Size, and Profit on Stock Prices in SOE Companies Listed on Bei For the 2013-2017 Period. International Journal of Innovation, Creativity and Change. Volume 6. Issue 7. 2019. https://www.ijicc.net/images/Vol6Iss7/6711_Nugraha_2019_E_R.pdf.
Ocky. Begini Jadinya Industri Pertambangan Gara-Gara Penyebaran Virus Corona. 2020. Diunduh : https://duniatambang.co.id/Berita/read/853/Begini-Jadinya-Industri-Pertambangan-Gara-Gara-Penyebaran-Virus-Corona.
Subramanyam, K. Financial Statement Analysis. Singapore: McGraw Hill International Edition. 2014.
Sunaryo, D. The Effect of Net Profit Margin, Return on Asset, Return on Equity on Share Prices in The Southeast Asian Metal Industry. International Journal Of Science, Technology & Management. ISSN: 2722-4015. Page : 198-2018. 2020.
Suryawan, Gede, I.D., Wirajaya, Ary, I.G. Pengaruh Current Ratio, Debt To Equity Ratio Dan Return On Assets Pada Harga Saham. E-Jurnal Akuntansi Universitas Udayana. Volume 21. Nomor 2. 2017.
Supriyadi, S.G, dan Sunarmi. Pengaruh Current Ratio, Debt To Assets Ratio, Earning Per Share, Dividend Payout Ratio Terhadap Harga Saham Pada Perusahaan Manufaktur Sektor Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Periode 2010-2014. Journal Education and Economics. Volume 01 No. ISSN: 26549808. 2018.
Yasar, B., Martin, T., Kiessling, T. An Empirical Test Of Signalling Theory. Management Research Review. Vol. 43. No. 11.Page : 1309-1335. 2020. https://doi.org/10.1108/MRR-08-2019-0338.
Published
2022-01-04
Section
Articles
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