ii ABSTRAK
PENGARUH NILAI LAPORAN KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BUSRA EFEK
INDONESIA (BEI) PERIODE 2008-2011
Rumusan masalah dalam penelitian ini adalah sejauh mana pengaruh nilai laporan keuangan yang diukur dari : Net Profit Margin (NPM), Return on Assets (ROA), Debt to Equity Ratio (DER), dan Asset Turnover (ATO) terhadap harga saham perusahaan perbankan yang terdaftar di Bursa Efek Indonesia (BEI) periode 2008-2011. Tujuan penelitian ini adalah untuk mengetahui apakah nilai laporan keuangan yang diukur oleh Net Profit Margin (NPM), Return on Assets (ROA), Debt to Equity Ratio (DER), dan Asset Turnover (ATO) berpengaruh terhadap harga saham perusahaan perbankan di Bursa Efek Indonesia pada periode 2008-2011.
Hipotesis dalam penelitian ini ialah Net Profit Margin (NPM), Return on Assets (ROA), Debt to Equity Ratio (DER), dan Asset Turnover (ATO) berpengaruh terhadap harga saham pada perusahaan perbankan di Bursa Efek Indonesia pada periode 2008-2011. Pengumpulan data sekunder dilakukan melalui mengunduh data yang dibutuhkan melalui website Bursa Efek Indonesia. Metode analisis yang digunakan adalah metode analisis berganda.
Dari hasil penelitian ini menunjukkan bahwa Return on Assets (ROA), Debt to Equity Ratio (DER), dan Asset Turnover (ATO) secara bersama-sama atau simultan mempengaruhi harga saham secara signifikan sementara itu sedangkan secara parsial hanya Return on Assets (ROA) yang positif berpengaruh signifikan terhadap harga saham pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia (BEI) periode 2008-2011.
iii ABSTRACT
EFFECT ON VALUE OF FINANCIAL STATEMENT TO STOCK PRICE ON BANKING COMPANY LISTED IN INDONESIA STOCK
EXCHANGE (IDX) PERIOD 2008-201
Formulation of the problem in this research is the extent to which the influence of the financial ratios as measured by: Net Profit Margin (NPM), Return on Assets (ROA), Debt to Equity Ratio (DER), and Asset Turnover (ATO) to the banking company's stock price listed in the Indonesia Stock Exchange (IDX) period 2008-2011. The purpose of this study was to determine whether the financial ratios measured by the Net Profit Margin (NPM), Return on Assets (ROA), Debt to Equity Ratio (DER), and Asset Turnover (ATO) influence the price of stocks in the banking company in Indonesia Stock Exchange in the period 2008-2011.
The hypothesis in this study is the Net Profit Margin (NPM), Return on Assets (ROA), Debt to Equity Ratio (DER), and Asset Turnover (ATO) influence on stock prices on banking company in Indonesia Stock Exchange in the period 2008 -2011. Secondary data collection was done by downloading the required data through the website of the Indonesia Stock Exchange. The method of analysis used is the method of regression analysis.
From the results of this study indicate that Return on Assets (ROA), Debt to Equity Ratio (DER), and Asset Turnover (ATO) jointly or simultaneously affect stock prices while only Return on Assets (ROA) has a positive significant effect to the stock prices of banking company listed in the Indonesia Stock Exchange (IDX) period 2008-2011.
Keyword : Stock Price, Net Profit Margin (NPM), Return on Assets (ROA),
