Determinan Harga Saham pada Perusahaan Sektor Industri yang Terdaftar Di Jakarta Islamic Index (JII)
Abstract views: 240
,
PDF (Bahasa Indonesia) downloads: 193
Abstract
This research aims to examine the effect of Economic Value Added (EVA), Net Profit Margin (NPM), Earning Per Share (EPS), and Return On Equity (ROE) on Industrial sector corporations listed in the Jakarta Islamic Index (JII) for the 2017-2021 period. This research uses the Eviews 9 App. The results of this research show that EVA, NPM and ROE have a positive and significant effect on Stock Price. While EPS has a positive and insignificant influence on the Share Price. And simultaneously all independent variables, namely EVA, NPM, EPS and ROE have a significant effect on stock prices in industrial sector corporations listed in the Jakarta Islamic Index (JII) for the 2017-2021 period. Based on the results of research with Eviews 9, it shows the value of the coefficient of determination (Adjusted R2) of the Stock Price is 0.404347. This means that 40.04% of the Share Price can be explained by the independent variables EVA, NPM, EPS and ROE. While the rest, namely 59.6%, was explained by external aspects of variables that were not included in this research.
Downloads
References
Adrisa, F. S., Nurdin, A. A., & Setiawan, I. (2021). Analisis Pengaruh Faktor Fundamental terhadap Harga Saham pada Perusahaan yang Konsisten Terdaftar di Jakarta Islamic Index. Journal of Applied Islamic Economics and Finance, 1(3), 710–717. https://doi.org/10.35313/jaief.v1i3.2606
Afifah, R. N., Syarief, M. E., & Nurrachmi, I. (2021). Pengaruh Economic Value Added dan Market Value Added terhadap Harga Saham pada Perusahaan yang Terdaftar Di Jakarta Islamic Indeks. Journal of Applied Islamic Economics and Finance, 2(1), 48–54. https://doi.org/10.35313/jaief.v2i1.2853
Ang, R. (1997). Buku Pintar Pasar Modal Indonesia. Mediasoft Indonesia.
Darmadji, T., & Fakhruddin. (2016). Pasar Modal di Indonesia. Salemba Empat.
Darsono, & Ashari. (2005). Pedoman Praktis Memahami Laporan Keuangan. CV. Andi Offset.
Gumanti, A. (2009). Teori Sinyal Dalam Manajemen. Universitas Bhayangkara Jakarta Raya, 38(6), 4–13.
Gunawan, J., Funny, F., Marcella, C., Evelyn, E., & Sitorus, J. S. (2020). Pengaruh CR (Current Ratio), DER (Debt to Equity Ratio), EPS (Earning Per Share) dan Financial Distress (Altman Score) Terhadap Harga Saham Pada Perusahaan Sektor Industri Dasar dan Kimia Yang Terdaftar Di Bursa Efek Indonesia. Owner, 4(1), 1. https://doi.org/10.33395/owner.v4i1.176
Hanafi, A., & Putri, L. (2013). Penggunaan Economic Value Added (Eva) Untuk Mengukur Kinerja Dan Penentuan Struktur Modal Optimal Pada Perusahaan Telekomunikasi. Jurnal Manajemen Dan Bisnis Sriwijaya, 11(2), 48–59.
Harahap, S. S. (2018). Analisis Kritis atas Laporan Keuangan. Rajawali Pers.
Indeks Saham Syariah. (n.d.). Diambil 16 Maret 2023, dari https://www.idx.co.id/id/idx-syariah/indeks-saham-syariah
Irdiana, S. (2018). Determinan Harga saham Perusahaan Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Penelitian Ilmu ekonomi, 2(1), 42–54.
Itla, & Suryono, B. (2018). Pengaru Profitabilitas Dan Economic Valu Added Terhadap Harga Saham. Jurnal ilmu dan riset Akuntansi, 7(2), 19.
Janice, & Toni, N. (2020). The Effect of Net Profit Margin, Debt to Equity Ratio, and Return on Equity against Company Value in Food and Beverage Manufacturing Sub-sector Companies listed on the Indonesia Stock Exchange. Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences, 3(1), 494–510. https://doi.org/10.33258/birci.v3i1.799
Naelufar, Y., Wijayanti, A., & Fajri, R. N. (2021). Jurnal Akuntansi dan Pajak Faktor Yang Mempengaruhi Harga Saham Pada Perusahaan Manufaktur Sub Sektor Otomotif. Jurnal Akuntansi dan Pajak, 22(1), 1–6.
Rahmawati, A., & Ishak, A. D. (2019). DETERMINAN HARGA SAHAM PADA BURSA EFEK INDONESIA ( Periode 2014-2019 ). Journal of Management & Bussiness, 2(2), 256–266.
Riyadi, S. (2006). Banking Asset and Liability Management. Fakultas Ekonomi Universitas Indonesia.
Rosmawati. (2018). Pengaruh Economic Value Added Terhadap Harga Saham Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Pengembangan Sumber Daya Insani, 3(2), 377–381. https://journal.unismuh.ac.id/index.php/Perspektif/article/view/1670/1358
Salsabila, N. A., & Miranti, T. (2021). Faktor Pengaruh Rasio Keuangan Terhadap Harga Saham Perusahaan Jakarta Islamic Index (Jii). El Muhasaba Jurnal Akuntansi, 12(1), 42–55. https://doi.org/10.18860/em.v12i1.10123
Santiasih, N. K. (2017). Analisis Pengaruh Profitabilitas Terhadap Harga Saham pada Sektor Lembaga Keuangan yang Go Public di Bursa Efek Indonesia Tahun 2012-2014. Universitas Mahasaraswati Denpasar.
Shidiq, N. A. (2012). Pengaruh EVA, Rasio Profitabilitas dan EPS terhadap Harga Saham pada Perusahaan Asuransi yang terdaftar di Bursa Efek Indonesia tahun 2006-2010. Universitas Diponegoro Semarang.
Sugianto, Marpaung, M., Mujiatun, S., Husein, I., & Silalahi, P. R. (2020). The behavior of muslim investors in investing in stocks on the Indonesia stock exchange during the COVID-19 pandemic. Systematic Reviews in Pharmacy, 11(4), 745–752. https://doi.org/10.31838/srp.2020.4.109
Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif, dan R&D (26 ed.). Alfabeta.
Tendeilin, E. (2017). Portofolio dan Investasi. Kanisius.
Watung, R. W., & Ilat, V. (2015). pengaruh return on asset (ROA), net profit margin (NPM), dan earning per share (EPS) terhadap harga saham pada perushaan perbankan di bursa efek indonesia periode 2011- 2015. Akuntansi Biaya & Keuangan, 4(2), 518–529.
Copyright (c) 2023 Yulia Wati, Sugianto, Muhammad Ikhsan Harahap
This work is licensed under a Creative Commons Attribution 4.0 International License.
