PENGARUH RASIO KEUANGAN DAN ECONOMIC VALUE ADDED TERHADAP HARGA SAHAM

Abstract

The purpose of this research is to find out and to analyze the influence of debt to equity ratio, return on
investment, earning per share and economic value added to the share price in Food and Beverages Companies
which are listed in Indonesia Stock Exchange. This research is a qualitative paradigm type and the population is
12 manufacturing companies in food and beverages sector which are listed in Indonesia Stock Exchange during 4
year periods in 2011-2014. The sample collection technique has been done by using purposive sampling method,
therefore 10 manufacturing companies in food and beverages sector which are listed in Indonesia Stock Exchange
in 2011-2014 periods have been selected samples. The data analysis technique has been done by using multiple
regressions analysis and the hypothesis test is carried out by using SPSS 20 version. Based on the result of
model feasibility test, it shows that the regressions models which have been generated is feasible and it can be
used for further analysis. Based on the result of hypothesis test, it shows that the debt to equity ratio variable has
significant and negative influence to the share price on food and beverages companies which are listed in
Indonesia Stock Exchange, meanwhile the return on investment, earning per share and economic value added
variables have significant and positive influence to the share price of food and beverages companies which are
listed in Indonesia Stock Exchange.
Keywords: financial ratio, economic value added and stock price.