ii ABSTRAK
PENGARUH RASIO PROFITABILITAS DAN RASIO SOLVABILITAS TERHADAP HARGA SAHAM PADA INDUSTRI MAKANAN DAN
MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA
Tujuan dilakukannya penelitian ini adalah untuk mengetahui apakah rasio profitabilitas dan solvabilitas berpengaruh terhadap harga saham pada industri makanan dan minuman. Pendekatan yang digunakan untuk menganalisis data adalah pendekatan kuantitatif, yaitu dengan teknik analisis regresi linear berganda sebagai alat bantu perhitungannya dan menggunakan perhitungan SPSS versi 19.
Sampel penelitian adalah sebanyak 11 perusahaan industri makanan dan minuman yang terdapat di Bursa Efek Indonesia, dengan data penelitian yang berasal dari laporan keuangan masing-masing perusahaan pada periode tahun 2010-2012. Variabel yang diteliti adalah return on investment (ROI), return on equity (ROE) , debt to equity ratio (DER) , long term debt to equity ratio
(LTDtER), sedangkan variabel dependen adalah harga saham (HS).
Hasil penelitian ini menunjukkan bahwa secara parsial rasio profitabilitas dan solvabilitas yang diwakili oleh ROI, ROE, DER, dan LTDtER, tidak berpengaruh signifikan terhadap harga saham pada industri makanan dan minuman yang terdaftar di Bursa Efek Indonesia, tetapi secara simultan berpengaruh.
Kata kunci : Rasio Profitabilitas, Rasio Solvabilitas, Harga Saham.
iii ABSTRACT
INFLUENCE THE PROFITABILITY RATIOS AND SOLVENCY RATIOS TO THE STOCK PRICE ON THE FOOD AND BEVERAGE INDUSTRY
ARE LISTED IN THE INDONESIA STOCK EXCHANGE
Target of this research is to know what is there are influence which is significant of profitability ratio and solvency ratio to predicted stock price in food and beverage company. Approximation used to analyse data is quantitative approach, that is with technique analyse double linear regretion as a means of assist it’s calculation and the use of multiple regression with SPSS version 19 software.
Research sample is counted 10 of food and beverage company that listed in Indonesian Stock Exchange, with research data come from financial statement of each company at period of year 2010-2012. Independent variables which is examined were return on investment (ROI), return on equity (ROE), debt to equity ratio (DER), and long term debt to equity ratio (LTDtER), whereas dependent variable was stock price (HS).
The result of the test shows that partially profitability ratio and solvency ratio which is representated by return on investment, return on equity, debt to equity ratio, and long term debt to equity ratio do not have significant influence to predicted stock price in food and beverage company that listed in Indonesia Stock Exchange, but simultaneously has.
Keyword : Profitability ratio, Solvency ratio, Stock price.
