PENGARUH CURRENT RATIO DAN RETURN ON EQUITY TERHADAP HARGA SAHAM PADA INDUSTRI SUB SEKTOR SEMEN DI BURSA EFEK INDONESIA PERIODE 2016 - 2020

M. AL-HILAL HAMDI, 1800861201082 (2023) PENGARUH CURRENT RATIO DAN RETURN ON EQUITY TERHADAP HARGA SAHAM PADA INDUSTRI SUB SEKTOR SEMEN DI BURSA EFEK INDONESIA PERIODE 2016 - 2020. skripsi thesis, Universitas Batanghari Jambi.

Text (PENGARUH CURRENT RATIO DAN RETURN ON EQUITY TERHADAP HARGA SAHAM PADA INDUSTRI SUB SEKTOR SEMEN DI BURSA EFEK INDONESIA PERIODE 2016 - 2020) M.AL-HILAL HAMDI 1800861201082.pdf - Published Version Download (2MB)

Abstract

ABSTRACT M. AL-HILAL HAMDI / 1800861201082/ FACULTY OF ECONOMI/ FINANCIAL MANAGEMENT /2023 / THE INFLUENCE OF CURRENT RATIO AND RETURN ON EQUITY ON STOCK PRICE ON CEMENT INDUSTRY SUB SECTOR LISTED IN INDONESIAN STOCK EXCHANGE (IDX) PERIODE 2016-2020/ 1st ADVISOR R. ADISETIAWAN, SE, MM/ 2nd ADVISOR AHMADI, SE, MM. This research is conducted to determine the influence of Current Ratio and Return on Equity simultaneously and particialy and which variable have the most influence on Stock Price. Analysis method used in this study is multiple regression with panel data using SPSS 26. The test conducted were the classical assumption trials (Normality test, Multicollinearity Test, Heteroscedasticity Test and Autocorrelation Test), F hypothesis test, t hypothesis test and determined how large the coefficient of determination (R2). The object of this study is Cement Industry Sub Sector Companies listed in Indonesian Stock Exchange for 5 years which is the period 2016-2020 selected by purposive sampling method. Based in the criteria obtained 3 companies who become research sample are : PT. Semen Indonesia, PT. Indocement Tunggal Prakarsa Tbk and PT. Semen Baturaja. Based on the result of multiple linear regression analysis using SPSS 26, the equation is Log = 3.444 ± 0,125 + 0,989 + . The result of the hypothesis in the F test with significant α = 0.05 (5%), then comparing the Fcount is 12,159 and Ftable is obtained at the level of 3,89. Fcount value greater than Ftable (12,159 > 3,89), Ho rejected and Ha is accepted. This indicated that current ratio and return on equity have a significant effect on Stock Price. Partially the value of tcount is -0,486. can be concluded that in the variable current ration does not have a significant effect on stock price because tcount is smallet than ttable (0,486 < 2,17881) and variabel return on equity tcount is 4,900 and ttable is 2,17881 that its can we conclude that tcount is greater that ttable (4,900 > 2,17881) that means that as a partially return on equity have a significant effect on the stock price. From the result this research can be concluded that Current Ratio and Return on Equity have a significant effect on Stock Price. And Partially Current Ratio have no significant effect on Stock Price, Return on Equity have significant effect on Stock Price.

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