ANALISIS PENGARUH FAKTOR-FAKTOR FUNDAMENTAL TERHADAP HARGA SAHAM(Studi Kasus Pada Perusahaan Yang Masuk Kategori LQ 45 Periode 2008)

Rosita, Dian (2009) ANALISIS PENGARUH FAKTOR-FAKTOR FUNDAMENTAL TERHADAP HARGA SAHAM(Studi Kasus Pada Perusahaan Yang Masuk Kategori LQ 45 Periode 2008). Other thesis, University of Muhammadiyah Malang.

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Abstract

The research is an associative research (relation) which aimed to find out influence and relation of fundamental internal factors from the financial performance perspective of the company consisted of EPS, PER, BV, and PBV to the stock price to the company which stocks included into category LQ 45 2008 period. The research was hoped to be useful for related sides, especially for company which included into LQ 45 2008 period category which was hoped could be empirical information about the influence of fundamental factor, especially internal fundamental factors to the stock price. There hoped that the research also could be input for further information and consideration in assessing stock prospect, especially post global crisis so that It could return the transaction activity in Indonesian Stock Exchange. The last, the research was hoped to be reference for the next researcher, especially for students who would do research about fundamental factor influence to the stock price. In the research, hypothesis stated were: internal fundamental factors consisted of EPS, PER, BV, and PBV influenced the stock price. To prove the hypothesis, there should be a test or statistical analysis by using multiple linear regression, where the test would be done by SPSS ver.13.0 program. According to the test or analysis which was done, there found result showed that correlation coefficient was 0.832, while determination coefficient (Adjusted R2) was 0,636. the result interpreted that fundamental factors consisted of EPS, PER, BV, and PBV has full contribution of the stock price for 63% while rest of them 37% was influenced another un-tested factors in the research. According to the full test, there found that f-count value in this research was 14,185 and f-table was 2,728 which showed that f-count > f-table. It means Ho was rejected and Ha was accepted, so that the fundamental factors consisted of EPS, PER, BV, and PBV were stated to be significantly influenced the share-price. According to the partial test or test of each fundamental factors, there found tcount for EPS, PER, PBV and BV were 3,484; -0,98; -0,669; 2,320 with t¬table + 2,052. For t¬count EPS and PBV larger than ttable, means that Ho was rejected and Ha accepted, which means in partial EPS and PBV influenced the stock price. While PER and PBV, tcount value larger than ttable means that Ho accepted and Ha rejected so that could be stated that in partial PER and BV didn’t influenced the stock price.

Item Type: Thesis (Other)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Economic > Department of Accounting
Depositing User: Anggit Aldila
Date Deposited: 29 Jun 2012 06:18
Last Modified: 29 Jun 2012 06:18
URI: http://eprints.umm.ac.id/id/eprint/10272

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