ANALISIS PENGARUH ECONOMIC VALUE ADDED DAN FAKTOR FUNDAMENTAL PERUSAHAAN TERHADAP HARGA SAHAM (STUDI KASUS PADA PERUSAHAAN YANG MASUK DALAM LQ45 BEI PERIODE 2006-2010)
Investing in the stock market is one way for investors to invest thier fund in order to get optimum gain. In taking their investment decisions, investors need various kinds of information about the objects they want to invest therefore they can maximize their investment profit in capital markets. Th...
| Main Authors: | , |
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| Format: | Thesis |
| Published: |
[Yogyakarta] : Universitas Gadjah Mada
2012
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| Subjects: |
| _version_ | 1797032376271896576 |
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| author | , Bondan Christianddinata, ST. , Hardo Basuki, Ph. D, |
| author_facet | , Bondan Christianddinata, ST. , Hardo Basuki, Ph. D, |
| author_sort | , Bondan Christianddinata, ST. |
| collection | UGM |
| description | Investing in the stock market is one way for investors to invest thier fund
in order to get optimum gain. In taking their investment decisions, investors need
various kinds of information about the objects they want to invest therefore they
can maximize their investment profit in capital markets. The use of Economic
Value Added (EVA) were claimed in previous studies as a better approach in
explaining the stock price when compared with traditional performance analysis
such as financial ratios, while on the other hand there are still studies that
concluded the opposite.
The purpose of this study is to analyze the influence of company�s
fundamental factors, such as EVA, Return On Assets (ROA), Return On Equity
(ROE), and Earnings Per Share (EPS), to the company's stock price in the LQ45
index on the Indonesia Stock Exchange and to examines wether EVA is the best
indicator to explain the stock price.
This study uses data from corporate financial statements on a quarterly
basis from 2006 until 2010. By using purposive sampling approach, we obtained
samples of 40 companies resulting 800 observation data. The method used to
analyze the influence of company�s fundamental factors on the stock price is
multiple linear regression using SPSS application version 17.00.
The result form data analysis showed that EVA, ROA, ROE and EPS
together have an influence on the company's stock prices in the LQ45 index on
the Indonesian Stock Exchange amounting to 77.3% while the rest is explained by
other factors not included in the present study. Partially, this study also shows that
EVA have no influence on the company's stock prices in the LQ45 index on the
Indonesian Stock Exchange, the same goes with ROA. ROE has significant
negative effect on company�s stock prices while the EPS has a dominant portion
among other independent variables with a significant positive effect on company�s
stock prices included in the LQ45 index on the Indonesia Stock Exchange during
2006-2010 period. |
| first_indexed | 2024-03-13T22:37:28Z |
| format | Thesis |
| id | oai:generic.eprints.org:98889 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T22:37:28Z |
| publishDate | 2012 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:988892016-03-04T08:45:55Z https://repository.ugm.ac.id/98889/ ANALISIS PENGARUH ECONOMIC VALUE ADDED DAN FAKTOR FUNDAMENTAL PERUSAHAAN TERHADAP HARGA SAHAM (STUDI KASUS PADA PERUSAHAAN YANG MASUK DALAM LQ45 BEI PERIODE 2006-2010) , Bondan Christianddinata, ST. , Hardo Basuki, Ph. D, ETD Investing in the stock market is one way for investors to invest thier fund in order to get optimum gain. In taking their investment decisions, investors need various kinds of information about the objects they want to invest therefore they can maximize their investment profit in capital markets. The use of Economic Value Added (EVA) were claimed in previous studies as a better approach in explaining the stock price when compared with traditional performance analysis such as financial ratios, while on the other hand there are still studies that concluded the opposite. The purpose of this study is to analyze the influence of company�s fundamental factors, such as EVA, Return On Assets (ROA), Return On Equity (ROE), and Earnings Per Share (EPS), to the company's stock price in the LQ45 index on the Indonesia Stock Exchange and to examines wether EVA is the best indicator to explain the stock price. This study uses data from corporate financial statements on a quarterly basis from 2006 until 2010. By using purposive sampling approach, we obtained samples of 40 companies resulting 800 observation data. The method used to analyze the influence of company�s fundamental factors on the stock price is multiple linear regression using SPSS application version 17.00. The result form data analysis showed that EVA, ROA, ROE and EPS together have an influence on the company's stock prices in the LQ45 index on the Indonesian Stock Exchange amounting to 77.3% while the rest is explained by other factors not included in the present study. Partially, this study also shows that EVA have no influence on the company's stock prices in the LQ45 index on the Indonesian Stock Exchange, the same goes with ROA. ROE has significant negative effect on company�s stock prices while the EPS has a dominant portion among other independent variables with a significant positive effect on company�s stock prices included in the LQ45 index on the Indonesia Stock Exchange during 2006-2010 period. [Yogyakarta] : Universitas Gadjah Mada 2012 Thesis NonPeerReviewed , Bondan Christianddinata, ST. and , Hardo Basuki, Ph. D, (2012) ANALISIS PENGARUH ECONOMIC VALUE ADDED DAN FAKTOR FUNDAMENTAL PERUSAHAAN TERHADAP HARGA SAHAM (STUDI KASUS PADA PERUSAHAAN YANG MASUK DALAM LQ45 BEI PERIODE 2006-2010). UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=54925 |
| spellingShingle | ETD , Bondan Christianddinata, ST. , Hardo Basuki, Ph. D, ANALISIS PENGARUH ECONOMIC VALUE ADDED DAN FAKTOR FUNDAMENTAL PERUSAHAAN TERHADAP HARGA SAHAM (STUDI KASUS PADA PERUSAHAAN YANG MASUK DALAM LQ45 BEI PERIODE 2006-2010) |
| title | ANALISIS PENGARUH ECONOMIC VALUE ADDED DAN FAKTOR FUNDAMENTAL PERUSAHAAN TERHADAP HARGA SAHAM (STUDI KASUS PADA PERUSAHAAN YANG MASUK DALAM LQ45 BEI PERIODE 2006-2010) |
| title_full | ANALISIS PENGARUH ECONOMIC VALUE ADDED DAN FAKTOR FUNDAMENTAL PERUSAHAAN TERHADAP HARGA SAHAM (STUDI KASUS PADA PERUSAHAAN YANG MASUK DALAM LQ45 BEI PERIODE 2006-2010) |
| title_fullStr | ANALISIS PENGARUH ECONOMIC VALUE ADDED DAN FAKTOR FUNDAMENTAL PERUSAHAAN TERHADAP HARGA SAHAM (STUDI KASUS PADA PERUSAHAAN YANG MASUK DALAM LQ45 BEI PERIODE 2006-2010) |
| title_full_unstemmed | ANALISIS PENGARUH ECONOMIC VALUE ADDED DAN FAKTOR FUNDAMENTAL PERUSAHAAN TERHADAP HARGA SAHAM (STUDI KASUS PADA PERUSAHAAN YANG MASUK DALAM LQ45 BEI PERIODE 2006-2010) |
| title_short | ANALISIS PENGARUH ECONOMIC VALUE ADDED DAN FAKTOR FUNDAMENTAL PERUSAHAAN TERHADAP HARGA SAHAM (STUDI KASUS PADA PERUSAHAAN YANG MASUK DALAM LQ45 BEI PERIODE 2006-2010) |
| title_sort | analisis pengaruh economic value added dan faktor fundamental perusahaan terhadap harga saham studi kasus pada perusahaan yang masuk dalam lq45 bei periode 2006 2010 |
| topic | ETD |
| work_keys_str_mv | AT bondanchristianddinatast analisispengaruheconomicvalueaddeddanfaktorfundamentalperusahaanterhadaphargasahamstudikasuspadaperusahaanyangmasukdalamlq45beiperiode20062010 AT hardobasukiphd analisispengaruheconomicvalueaddeddanfaktorfundamentalperusahaanterhadaphargasahamstudikasuspadaperusahaanyangmasukdalamlq45beiperiode20062010 |