v ABSTRAK
Ardiah Michelia 120.2015.027
Pengaruh Kinerja Keuangan, Kebijakan Dividen dan Inflasi terhadap Harga Saham Serta Tinjauannya Dari Sudut Pandang Islam (Studi pada Sub-sektor Makanan dan Minuman di BEI 2013-2017).
143 halaman + xvii halaman + 12 tabel + 3 gambar + 9 lampiran Uraian Abstrak
Penelitian ini bertujuan untuk mengetahui pengaruh kinerja keuangan yang terdiri dari current ratio, return on equity ratio, debt to equity,earning per share, total assets trunover, kebijakan dividen yang terdiri dari dividend payout ratio dan inflasi terhadap harga saham. Metode penelitian yang digunakan adalah metode penelitian kuantitatif dan menggunakan data sekunder yaitu perusahaan pada kategori manufaktur sektor makanan dan minuman yang tercatat di Bursa Efek Indonesia.
Sampel yang digunakan sebanyak 10 perusahaan dengan periode tahun 2013-2017 melalui metode purposive sampling. Metode analisis yang digunakan adalah teknik analisis regresi data panel dengan tingkat signifikan 5%. Hasil penelitian menunjukkan secara parsial bahwa: current ratio, debt to equity ratio, dividend payout ratio, dan inflas berpengaruh negatif dan signifikan terhadap harga saham, return on equity berpengaruh positif dan signifikan terhadap harga saham, earning per share berpengaruh negatif dan tidak signifikan terhadap harga saham, total assets trunover berpengaruh positif dan tidak signifikan terhadap harga saham.
Secara simultan seluruh variabel independen memiliki pengaruh yang positif dan signifikan terhadap harga saham. Menurut sudut pandang Islam, kegiatan yang dilakukan berkaitan dengan Kinerja Keuangan, Kebijakan Dividen, dan Inflasi terhadap Harga saham menunjukan bahwa kegiatan tersebut diperbolehkan namun harus sesuai dengan syari’at dan ketentuan-ketentuan Islam.
Kata Kunci: Current Ratio, Return on Equity, Debt to Equity, Earning per Share, Total Assets Trunover, Dividen Payout Ratio, Inflasi, dan Harga Saham
Fakultas Ekonomi Dan Bisnis Program Studi S-1 Manajemen 2019
vi ABSTRACT
Ardiah Michelia 120.2015.027
The Influence of Financial Performance, Dividend Policy and Inflation on Stock Prices and Its Overview From the Islamic Perspective (Study on the Food and Beverage Sub-sector on the Indonesia Stock Exchange 2013-2017).
143 pages + xvii pages + 12 tables + 3 pictures + 9 attachments Abstract Description
This study aims to determine the effect of financial performance consisting of current ratio, return on equity ratio, debt to equity, earnings per share, total assets trunover, dividend policy consisting of dividend payout ratio and inflation on stock prices. The research method used is a quantitative research method and uses secondary data, namely companies in the food and beverage manufacturing sector listed on the Indonesia Stock Exchange. The samples used were 10 companies with the period 2013-2017 through a purposive sampling method. The analytical method used is a panel data regression analysis technique with a significant level of 5%. The results showed partially that: the current ratio, debt to equity ratio, dividend payout ratio, and inflation had a negative and significant effect on stock prices, return on equity had a positive and significant effect on stock prices, earnings per share had a negative and not significant effect on prices stocks, total assets trunover has a positive and not significant effect on stock prices. Simultaneously all independent variables have a positive and significant influence on stock prices. From an Islamic point of view, the activities carried out are related to Financial Performance, Dividend Policy, and Inflation on Stock Prices indicating that these activities are permissible but must be in accordance with Islamic law and regulations.
Keywords: Current Ratio, Return on Equity, Debt to Equity, Earning per Share, Total Assets Trunover, Dividen Payout Ratio, Inflation, and Stock Prices
