ABSTRAK
Eva Agustin Navita Dina Tiara, 112.16.029 Skripsi
PENGARUH RETURN ON EQUITY, DEBT TO EQUITY RATIO, FIRM SIZE, DAN GROWTH OPPORTUNITY TERHADAP EARNINGS RESPONSE COEFFICIENT PADA PERUSAHAAN PROPERTI, REAL ESTATE DAN KONSTRUKSI BANGUNAN DI BURSA EFEK INDONESIA TAHUN 2016- 2018
Earnings Response Coefficient berguna dalam analisis fundamental untuk menghitung nilai saham sebenarnya dengan menggunakan data keuangan perusahaan sebagai penilaian para investor untuk nenentukan reaksi pasar atas informasi laba dalam return saham perusahaan sehingga kekuatan reaksi pasar terhadap informasi laba tercermin dari tinggi rendahnya Earnings Response Coefficient. Penelitian ini bertujuan untuk menganalisis Pengaruh Return On Equity, Debt To Equity Ratio, Firm Size dan Growth Opportunity Terhadap Earnings Response Coefficient Pada Perusahaan Properti, Real Estate dan Konstruksi Bangunan di Bursa Efek Indonesia Tahun 2016-2018.
Populasi penelitian ini adalah perusahaan properti yang listing di Bursa Efek Indonesia Tahun 2016-2018 sebanyak 81 perusahaan. Penelitian ini menggunakan total sampel 52 perusahaan dengan teknik pengambilan sampel Purposive Sampling. Penelitian ini menggunakan pendekatan kuantitatif. Jenis data yang digunakan adalah data kuantitatif yaitu berupa laporan keuangan dan harga saham harian pada perusahaan properti, real estate dan konstruksi bangunan yang terdaftar di Bursa Efek Indonesia selama periode 2016-2018. Data diperoleh dari website Bursa Efek Indonesia dan Yahoo Finance. Analisis data dalam penelitian ini menggunakan Analisis Regresi Linier Berganda. Data dianalisis menggunakan SPSS (Statistical Package for the Social Science) versi 23 for windows.
Hasil penelitian menunjukkan bahwa Return on Equity tidak berpengaruh secara parsial terhadap Earnings Response Coeficient, Debt To Equity Ratio tidak berpengaruh secara parsial terhadap Earnings Response Coeficient, Firm Size tidak berpengaruh secara parsial terhadap Earnings Response Coeficient, sedangkan Growth Opportunity berpengaruh secara parsial terhadap Earnings Response Coeficient.
Kata Kunci : Return On Equity, Debt To Equity Ratio, Firm Size, Growth Opportunity, Earnings Response Coefficient
UNIVERSITAS WIDYA KARTIKA
ABSTRACT
Eva Agustin Navita Dina Tiara, 112.16.029 Thesis
THE EFFECT OF RETURN ON EQUITY, DEBT TO EQUITY RATIO, FIRM SIZE, AND GROWTH OPPORTUNITY ON EARNINGS RESPONSE COEFFICIENT IN PROPERTY COMPANIES, REAL ESTATE AND BUILDING CONSTRUCTION IN INDONESIA STOCK EXCHANGE DURING 2016-2018
Earnings Response Coefficient is useful in fundamental analysis to calculating the actual value of shares using corporate financial data as an assessment of investors to determine the market reaction to earnings information in the company's stock returns so that the strength of the market reaction to earnings information is reflected in the high or low Earnings Response Coefficient. This study aims to analyze the Effect of Return on Equity, Debt To Equity Ratio, Firm Size and Growth Opportunity on Earnings Response Coefficient in Property Companies, Real Estate and Building Construction in Indonesia Stock Exchange during 2016-2018.
The population of this research is 81 property companies listed on the Indonesia Stock Exchange in 2016-2018. This study used a total sample of 52 companies with a purposive sampling technique. This research uses quantitative research. The type of data used is quantitative data in the form of financial statements and daily stock prices on property, real estate and building construction companies listed on the Indonesia Stock Exchange during the 2016-2018 period. Data obtained from the Indonesia Stock Exchange website and Yahoo Finance. Data analysis in this study uses Multiple Linear Regression Analysis. Data were analyzed using SPSS (Statistical Package for the Social Science) version 23 for windows.
The results showed that Return on Equity had no partial effect on Earnings Response Coeficient, Debt To Equity Ratio had no partial effect on Earnings Response Coeficient, Firm Size had no partial effect on Earnings Response Coeficient, while Growth Opportunity had a partial effect on Earnings Response Coeficient Coeficient.
Keyword : Return On Equity, Debt To Equity Ratio, Firm Size, Growth Opportunity, Earnings Response Coefficient
UNIVERSITAS WIDYA KARTIKA
