PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN RETAIL SUB SEKTOR BARANG KONSUMSI (PERLENGKAPAN RUMAH) YANG TERDAFTAR DI BEI)

Abstract

This study aims to test and to find out the impact of the financial performance which is measured by the current ratio, the debt to equity ratio, the total assets turnover and the earning per share to ward the share price. The applied samples are 31 companies of the consumer goods and furniture sector which are registered in Indonesia’s Stock Exchange in 2015-2019, the criteria process for collecting the samples are applied by utilizing the purposive sampling method. The study applies 5 years observation, so the total of the date are 155 firm year. The study applies the multiple linear regression, the classic assumption test, the properness model test, and the hypothesis test with SPSS (Statistical Product and Service Solutions). Based on the result of the properness model test with the F test and coefficient determination (R²), it shows that the models are appropriate for the research. The result of the classic assumption shows that there is no foul toward the applied classic assumption. The result of hypothesis test which applies the t test, it shows that: 1) the Current ratio (CR) gives positive and significant impact to the share price; 2) the Debt to equity ratio (DER) gives positive and insignificant impact to the share price; 3) the Total asset turn over (TATO) gives positive and significant impact to the share price; 4) the Earning per share (EPS) gives positive and significant impact to the share price.
Keywords: current ratio, debt to equity ratio, total assets turnover, earning per share, share price.