ABSTRAK
Penelitian ini bertujuan untuk menganalisis adanya pengaruh rasio keuangan terhadap harga saham. Rasio keuangan yang digunakan meliputi rasio likuiditas, dan rasio profitabilitas. Penelitian ini menganalisis laporan keuangan perusahaan transportasi yang terdaftar di Bursa Efek Indonesia (BEI) pada tahun 2012-2014 dan yang telah diaudit oleh Akuntan Publik dan sekaligus digunakan sebagai sampel dalam penelitian ini. Variabel independen yang digunakan untuk mengukur kinerja perusahaan adalah Current Ratio (CR), Return on Asset (ROA), Earning Per Share (EPS) dan variabel dependen yang digunakan adalah harga saham. Metode yang digunakan dalam pemilihan sampel adalah purposive sampling yang menjadikan sampel yang diteliti berjumlah 12 perusahaan dengan 36 laporan keuangan dan dianalisis menggunakan analisis regresi linear berganda, menguji hipotesis dengan uji t dan uji F yang datanya diolah menggunakan program SPSS 16. Dari hasil penelitian maka terdapat pengaruh yang signifikan secara simultan antara CR, ROA, dan EPS terhadap harga saham dengan hasil koefisien determinasi sebesar 88%, sedangkan secara parsial CR dan ROA tidak berpengaruh terhadap harga saham yang ditunjukkan dengan -0.548 < 2.201 dan 0.37 < 2.201, dan EPS berpengaruh terhadap harga saham yang ditunjukkan dengan 15.176 >2.201.
Kata kunci: rasio keuangan, CR, ROA, EPS, dan harga saham
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ABSTRACT
The purpose of this research is to analyze the effect of financial ratio toward stock price. The financial ratios are: liquidity, and profitability. This research is analyzing the financial statement of transportation company which is listing in Indonesia Stock Exchange (IDX) in 2012-2014 and the financial statement has been audited by the Public Accountant and those financial reports are used as the sample of this research. The independent variables which are used to measure the performance of the company are Current Ratio (CR), Return on Asset (ROA), and Earning Per Share (EPS) and the dependent variable is price stock. The methode used in sampling is purposive sampling and the samplings are 12 companies with 36 financial statements, and it is analyzed by multiple linear regression, while to do hypothesis test uses t-test and F test in which the data is processed by SPSS 16. From the result of the reasearch is shown that there is a significant influence of simultant test that CR, ROA and EPS with 88% of determination coefficient, meanwhile as partially CR and ROA show that there is no influence toward stock price shown as -0.548 < 2.201 and 0.37 < 2.201, and EPS shows that there influence toward stock price with 15.176 > 2.201
Keyword: financial ratio, CR, ROA, EPS and stock price.
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DAFTAR ISI
Halaman HALAMAN JUDUL ..............................................................................
i
COVER...................................................................................................
ii
HALAMAN PENGESAHAN.................................................................
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SURAT PERNYATAAN KEASLIAN TUGAS AKHIR.......................
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KATA PENGANTAR.............................................................................
v
ABSTRAK...............................................................................................
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ABSTRACT.............................................................................................
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DAFTAR ISI...........................................................................................
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DAFTAR TABEL.....................................................................................
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BAB I PENDAHULUAN 1.1 Latar Belakang Penelitian.......................................................
1
1.2 Identifikasi Masalah................................................................
7
1.3 Tujuan Penelitian....................................................................
8
1.4 Manfaat Penelitian...................................................................
8
BAB II LANDASAN TEORI 2.1 Kajian Pustaka........................................................................
10
2.1.1 Definisi Akuntansi.......................................................
10
2.1.2 Definisi Analisis Laporan Keuangan............................
10
2.1.3 Tujuan, Komponen, dan Pengguna Laporan Keuangan.....................................................................
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2.1.4 Metode dan Teknik atau Alat Analisis Laporan Keuangan.....................................................................
19
2.1.5 Definisi Analisis Rasio Keuangan..................................
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2.1.6 Manfaat Analisis Rasio Keuangan......................... .....
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2.1.7 Jenis- Jenis Rasio Keuangan......................................
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2.1.8 Pasar Modal, Saham...................................................
30
2.1.9 Jenis- Jenis Saham dan Faktor yang Mempengaruhi Harga Saham...............................................................
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2.1.10 Definisi Investasi dan Investor..................................
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2.1.11 Pengertian Go Public dan keuntungan Go Public.....
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2.2 Rerangka Pemikiran......................................................... .....
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2.3 Pengembangan Hipotesis................................................. .....
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Bab III METODE PENELITIAN 3.1 Jenis Penelitian......................................................................
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3.2 Populasi dan Sampel.............................................................
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3.3 DefinisI Operasional Variabel......................................... ....
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3.4 Teknik Pengumpulan Data..................................................
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3.5 Teknik Analisa Data........................................................ ....
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BAB IV HASIL DAN PEMBAHASAN 4.1 Hasil Penelitian ......................................................................
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4.2 Pembahasan.............................................................................
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4.3 Perbandingan dengan Hasil Riset Empiris..............................
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BAB V PENUTUP 5.1 Simpulan..................................................................................
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5.2 Keterbatasan Penelitian............................................................
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5.3 Implikasi Penelitian..................................................................
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5.4 Saran.........................................................................................
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DAFTAR PUSTAKA.................................................................................
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LAMPIRAN...............................................................................................
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DAFTAR RIWAYAT HIDUP....................................................................
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DAFTAR TABEL
Halaman Tabel 3.1
Tabel Sampel Perusahaan.............................. .................
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Tabel 4.1
Hasil Uji Normalitas......................................................
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Tabel 4.2
Hasil Uji Multikolinearitas............................................
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Tabel 4.3
Uji Multikolinearitas.....................................................
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Tabel 4.4
Hasil Uji Heterokedastisitas....................................... .....
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Tabel 4.5
Hasil Uji Autokorelasi...................................................
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Tabel 4.6
Hasil Uji Simultan.........................................................
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Tabel 4.7
Hasil Uji Parsial............................................................
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Tabel 4.8
Hasil Persamaan Regresi...............................................
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Tabel 4.9
Hasil Uji Koefisien Determinasi.....................................
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