PENGARUH PERPUTARAN PERSEDIAAN, PERPUTARAN PIUTANG DAN DIVIDEN TERHADAP HARGA SAHAM

Abstract

This research aimed to find out the effect of inventory, account receivable and divident turnover on shares price of Food and Beverage companies listed in Indonesia Stock Exchange 2011-2016. The population were Food and Beverage companies in which nine companies as sample. While, the sampling collection techniques used purposive sampling. Moreover the data used documentary of financial report of Food and Beverage companies which consisted of balance sheet and income statement during 2011-2016. In addition, the data analysis technique used multiple regression linier. The result of asumption classical tes was through normality, multicolinearity, autocorrelation, and heteroscedacity. This study showed all variables were appropriately used. While, the result of praper test which used F-test and determination coefficient described regression model could be used. Furthermorer, the result of hypothesis test (T-test) concluded divident turnover did not effect significantly on shares price of Food and Beverage companies, On the other hand, inventory and account receivable turnover had significant effect on shares price of Food and Beverage companies.

Keywords: inventory, account, divident, shares price