Jurnal Ilmiah Manajemen dan Bisnis (JIMBI)
Vol 1, No 2 (2020): Jurnal Ilmiah Manajemen dan Bisnis (JIMBI) - DESEMBER

PENGARUH TINGKAT MODAL KERJA TERHADAP HARGA SAHAM PADA PERUSAHAAN OTOMOTIF & KOMPONEN YANG TERDAFTAR DI BEI PERIODE 2014 – 2018

Hilda Ariska Br Lubis (Universitas Medan Area)
Ihsan Effendi (Universitas Medan Area)
Ahmad Prayudi (Universitas Medan Area)



Article Info

Publish Date
27 Nov 2020

Abstract

This study aims to determine the effect of the level of working capital on stock prices on automotive companies components listed on the Indonesia Stock Exchange. This type of research is explanatory research, namely research that explains the relationship between existing variables. The method used is multiple panel linear regression analysis with the help of eviews program 10. The population in this study were all automotive companies components listed on the Indonesia Stock Exchange in 2014-2018, amounting to 13 companies. The sample in this study were 4 companies. The results showed that based on the F test, cash turnover, accounts receivable turnover and inventory turnover had a probability value of 0,000 0.05 and obtained a Ftable value of 3.24 and a Fcount value of 12,80464 which meant that Fcount Ftable in a simultaneous cash turnover, receivable receivables and inventory turnover affects the stock price. Determination coefficient value (R2) of 0.7884, so it can be concluded that 78.8484% of the stock price is influenced by cash turnover, accounts receivable turnover and inventory turnover and the remaining 21.16% is influenced by other variables not examined in this study.

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Journal Info

Abbrev

jimbi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ilmiah Manajemen dan Bisnis (JIMBI) is a journal to managed of Management Study Program Faculty of Economics and Business, University of Medan Area, for aims to serve as a medium of information and exchange of scientific articles between teaching staff, alumni, students, practitioners and ...