PENGARUH PERPUTARAN MODAL KERJA, UKURAN PERUSAHAAN, PERTUMBUHAN ASET, DAN PROFITABILITAS TERHADAP HARGA SAHAM

Abstract

This research is aimed to find out how great the influence of working capital turnover, firm size, asset growth
and profitability to the stock price. The population is Food and Beverage companieswhich are listed in Indonesia
Stock Exchange in 2011-2015 periods. The sample collection technique has been carried out by using purposive
sampling and 14 Food and Beverage companies have been selected as research population. 12 Food and Beverage
companies have been selected as samples of the research by using 3 criteria. The statistics method has been done
by using multiple linear regressions analysis and the independent variables are working capital turnover
(PMK), firm size (UK), asset growth (PA) and profitability is measured by using Return on Equity (ROE) and
the dependent variable is Stock Price (closing price).The result of the research shows that the result of F-test on
work capital turnover (PMK), firm size (UK), asset growth (RO) and profitability (ROE) give significant
influence to the stock price. The result of the t test shows that work capital turnover, firm size, profitability do
not give any significant influence to the Stock Price. Me
anwhile,asset growth give significant and positive
influenceto the Stock Price.

Keyword: Working capital turnover, firm size, asset growth, profitability, stock price