PENGARUH KINERJA KEUANGAN DAN VARIABEL MAKRO EKONOMI TERHADAP HARGA SAHAM PERUSAHAAN PERTAMBANGAN
ABSTRACT: This study aims to
determine the effect of the financial performance and macroeconomic variables
on stock prices. Financial performance in this study is proxied by the current
ratio, debt to equity ratio, net profit margin, and earnings per share.
Macroeconomic variables is proxied by interest rates and GDP growth. The
sampling method in this study using census method with non-probability sampling
techniques. Mining companies as the study population and obtain a sample of 28
samples. The study period is 2013 - 2015. Multiple linear regression analysis
used in this study as data analysis techniques. The results of the data
analysis found that the current ratio, debt to equity ratio, earnings per
share, and GDP growth has a positive and significant impact on prices stock.
Net profit margin and interest rates has no significant impact on the company's
stock price.
KEYWORDS: financial
performance; macro-economic; financial ratios; fundamental analysis; stock
prices
Penulis: Ida Bagus Adytiem
Purnama
Kode Jurnal: jpmanajemendd170046
