PENGARUH DER, PROFITABILITAS DAN PERPUTARAN MODAL KERJA TERHADAP HARGA SAHAM

Abstract

Business practitioners requires information about the financial condition and the financial performance of the
company as the basis in the making of decision. This research is aimed to find out the influence of Debt to Equity
Ratio, Profitability and Working Capital Turnover on stock price on the Food and Beverages which are listed in
Indonesia Stock Exchange.The population is Food and Beverages companies which are listed in Indonesia Stock
Exchange in 2011-2015 periods. The sample collection technique has been carried out by using purposive
sampling and based on predetermined criteria. The criteria for the sampling study are: 1) Food and Beverages
Company which are listed in Indonesia Stock Exchange in 2011-2015 period, (2) Food and Beverages companies
which have published their 2011-2015 audited financial statement consecutively, (3) Food and Beverages
companies which have earned positive profit from 2011-2015 consecutively, (4) Food and Beverages companies
which have paid their dividends in 2011-2015. It can be concluded from the result of the research that: (1) Debt
to Equity Ratio give influence to the stock price, (2) Profitability give influence to the stock price, (3) Working
Capital Turnover (WCT) give influence to the stock price.

Keywords: debt to equity Ratio, profitability, working capital turnover, and stock price