Pengaruh Kinerja Keuangan DER dan ROE Terhadap Perubahan Harga Saham pada Perusahaan Manufaktur yang Terdaftar di BEI (Periode 2009-2013)
Abstract: This study aims to
identify and analyze the effect of Debt to Equity Ratio (DER) and Return on
Equity (ROE) financial performance on the change of stock prices in the
manufacturing companies listed on the Indonesia Stock Exchange 2009-2013 . The
hypothesis was first put forward in a positive and significant effect of DER on
the change of stock prices in the manufacturing companies listed on the
Indonesia Stock Exchange, the second hypothesis is the positive and significant
effect on the ROE on the change of stock prices in the manufacturing companies
listed on the Indonesia Stock Exchange. The sample in this study is the
subsector of plastic and packaging companies that are listed in Indonesia Stock
Exchange 2009-2013. Sampling using purposive sampling in order to obtain a
total sample of 6 plastic and packaging companies that meet the criteria of the
study sample set. Financial performance is measured using Debt Equity Ratio
(DER) and Return on Equity (ROE). The technique of data analysis done with the
classical assumption, hypothesis testing using multiple linear regression
analysis using SPSS 18.0 for windows . The results showed that in partial, both
of DER and ROE has positive influence on the change of stock prices in the
subsector of plastic and packaging companies that are listed in the Indonesia
Stock Exchange.
Keywords: Financial Performance;
Debt to Equity Ratio (DER); Return On Equity (ROE); change of stock prices
Penulis: Syamsu Rizal, Fira
Permatasari
Kode Jurnal: jpakuntansidd150623
