Pengaruh Kinerja Keuangan Terhadap Harga Saham Pada Perusahaan Manufaktur di Bursa Efek Indonesia Periode 2019-2022

  • Vika Amalia Hidayat Universitas Teknologi Yogyakarta
  • Sugeng
Keywords: kinerja keuangan, harga saham, perusahaan manufaktur

Abstract

The purpose of this study is to ascertain how financial performance affects share prices of non-cyclical consumer sector businesses in the food and beverage subsector that are listed on the Indonesia Stock Exchange between 2019 and 2022. The current ratio, debt to equity ratio, return on equity, and total assets turnover are examples of financial performance, which is an independent variable in this study. In this study, a quantitative research methodology was adopted. For this study, secondary data from annual financial reports of non-cyclical consumer manufacturing firms in the food and beverage subsector listed on the Indonesian Stock Exchange were used. Purposive sampling was used in the sampling process to choose 78 samples overall from the population of 25 firms that satisfied the study's requirements. The SPSS program, version 29.0.2.0, was utilized to conduct the multiple linear regression analysis performed in this investigation. The study's findings demonstrate that the factors total assets turnover, return on equity, debt to equity ratio, and current ratio all significantly and favorably affect stock prices. The study's t test results demonstrate that there is no relationship between stock prices and the variables current ratio, debt to equity ratio, and total assets turnover. In the meanwhile, stock prices are significantly and favorably impacted by the return on equity variable. The findings of the coefficient of determination test indicate that, whereas other factors not included in this study account for 87.4% of the variation in share prices, the current ratio, debt to equity ratio, return on equity, and total assets turnover have a 12.6% effect.

References

Alam, A. B., & Oetomo, H. W. (2017). Pengaruh EVA, MVA, ROE Dan TATO terhadap Harga Saham Food and Beverage. Jurnal Ilmu Dan Riset Manajemen, 6(6), 2. http://jurnalmahasiswa.stiesia.ac.id/index.php/jirm/article/view/1572

Apriani, V., & Situngkir, T. L. (2021). Pengaruh kinerja keuangan terhadap harga saham. Akuntabel, 18(4), 762–769. https://doi.org/10.30872/jakt.v18i4.9955

Dewi, N. S., & Suwarno, A. E. (2022). PENGARUH ROA, ROE, EPS DAN DER TERHADAP HARGA SAHAM PERUSAHAAN (Studi Empiris pada Perusahaan LQ45 yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2020). Seminar Nasional Pariwisata Dan Kewirausahaan (SNPK), 1, 472–482. https://doi.org/10.36441/snpk.vol1.2022.77

Dini, S., & Pasaribu, F. B. (2021). Pengaruh Roe, Cr, Tato, Der Terhadap Harga Saham Perusahaan Perdagangan Besar Barang Produksi & Konsumsi. Jambura Economic Education Journal, 3(2), 128–134. https://doi.org/10.37479/jeej.v3i2.11063

Ferli, O., Nelmida, Rahma, A. A., Shafira, D. E., & William, Y. (2022). Pengaruh CR, DER, Dan ROE Terhadap Harga Saham Pada Perusahaan Consummer Goods Periode 2018-2021. Jurnal Keuangan Dan Perbankan, 19(1), 27–36.

Gemini, P. (2020). Analisis Pengaruh Kinerja Keuangan Terhadap Harga Saham PT. Indofood Sukses Makmur, Tbk Di Bursa Efek Indonesia (BEI) Tahun 2014-2018. Jurnal Vsionida, 6(1), 1–9.

Khasanah, S. N., Ermawati, N., & Susanti, D. A. (2021). Pengaruh Kinerja Keuangan Terhadap Harga Saham Pada Perusahaan Manufaktur Sektor Aneka Industri Yang Terdaftar Di Bursa Efek Indonesia Tahun 2016-2019. Jurnal Penelitian Ekonomi Dan Akuntansi (JPENSI), 6(3).

Kurnia, D.-. (2020). Pengaruh Return On Equity, Earning Per Share Dan Debt To Equity Ratio Terhadap Harga Saham Syariah. Akuntansi : Jurnal Akuntansi Integratif, 6(01), 25–39. https://doi.org/10.29080/jai.v6i01.241

Mahalesa, I. A., & Eko, H. S. (2020). PENGARUH NET PROFIT MARGIN , DEBT TO EQUITY RATIO DAN MANAJEMEN LABA TERHADAP PAJAK PENGHASILAN BADAN TERUTANG PADA PERUSAHAAN MAKANAN DAN. Jurnal Riset Akuntansi Dan Manajemen, 12(1), 121–134.

Munira, M., Merawati, E. E., & Astuti, S. B. (2018). Pengaruh ROE dan DER terhadap Harga Saham Perusahaan Kertas di Bursa Efek Indonesia. JABE (Journal of Applied Business and Economic), 4(3), 191. https://doi.org/10.30998/jabe.v4i3.2478

Natalia, N., Purnasari, N., Lumbantoruan, R., & Waruwu, E. (2021). Pengaruh TATO, DER, ROE, PER terhadap harga saham pada sektor barang konsumsi BEI Tahun 2016-2018. Jurnal Paradigma Ekonomika, 16(3), 451–460. https://doi.org/10.22437/jpe.v16i3.12763

Nisa, H. (2018). Pengaruh Rasio Keuangan Terhadap Harga Saham Pada Industri Sektor Pertanian Yang Terdaftar Di Bursa Efek Indonesia Tahun 2012-2016. Jurnal Pendidikan Ekonomi, 7(5).

Noviyana, R., Suhendro, & Masitoh, E. (2019). Pengaruh Kinerja Keuangan Terhadap harga saham Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2017. Jurnal Akuntansi, 2(1).

Pratiwi, S. M., Miftahuddin, M., & Amelia, W. R. (2020). PENGARUH CURRENT RATIO (CR),DEBT TO EQUITY RATIO (DER),DAN EARNING PER SHARE (EPS) TERHADAP HARGA SAHAM PADA PT. INDOFOOD SUKSES MAKMUR Tbk. Jurnal Ilmiah Manajemen Dan Bisnis (JIMBI), 1(2), 1–10. https://doi.org/10.31289/jimbi.v1i2.403

Qorinawati, V., & Adiwibowo, A. S. (2019). Pengaruh Kinerja Keuangan Terhadap Harga Saham (Studi Empiris Pada Emiten Yang Konsisten Masuk Dalam Indeks LQ45 Tahun 2015-2017). Diponegoro Journal of Accounting, 8(1), 1–11.

Utami, M. R., & Darmawan, A. (2018). Pengaruh Der, Roa, Roe, Eps Dan Mva Terhadap Harga Saham Pada Indeks Saham Syariah Indonesia. Journal of Applied Managerial Accounting, 2(2), 206–218. https://doi.org/10.30871/jama.v2i2.910

Published
2024-06-19