E-Jurnal Manajemen Universitas Udayana
Vol 3 No 5 (2014)

Pengaruh Faktor Fundamental dan Ekonomi Makro terhadap Harga Saham

Ari Kristanti Sinaga (Fakultas Ekonomi dan Bisnis Universitas Udayana, Bali, Indonesia)
Nyoman Triaryati (Fakultas Ekonomi dan Bisnis Universitas Udayana, Bali, Indonesia)



Article Info

Publish Date
02 May 2014

Abstract

The stock price is the price of a stock at a certain time that happened in the stock market . The stock price can reflect the value of a company . Purpose of study was to determine the influence of fundamental factors proxied by return on equity (ROE) , debt to equity ratio (DER) and price-to -book value (PBV) , as well as factors macroeconomic proxied by inflation and gross domestic product (GDP) in the property and real estate companies in Indonesia Stock Exchange , the period 2008-2012 . The research data is secondary data from the annual financial statements of the company. Hypothesis testing using multiple linear regression analysis using SPSS 16 for windows . The results of this study is return on equity (ROE) and price-to -book value (PBV) have a significant positive effect on stock prices , while the debt-to- equity ratio (DER) , inflation and gross domestic product (GDP) had no effect on stock prices . Simultaneously, five variables have a significant effect on stock prices. Keywords : stock price , ROE , DER , PBV , Inflation , GDP

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Journal Info

Abbrev

Manajemen

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

E-Jurnal Manajemen (ISSN 2302-8912) aims to serve as a medium of information and exchange of scientific articles between teaching staff, alumni, students, practitioners and observers of science in accounting and business. E-Jurnal Manajemen editor receives scientific articles business strategy and ...