PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN MAKANAN DAN MINUMAN

Abstract

This research assesses short term financial performance by using liquidity and profitability. Liquidity
is the indicator of the ability of a company to pay all short term financial obligations by the time these
obligations are due which consist of Current Ratio and Quick Ratio. Profitability has been applied in
order to measure the ability of a company in generating profit, which include ROA and ROE. The
company will try to maximize its share value which is shown by its share price. Share price which is
used in this research is its closing price. This research is meant to analyze how great the significant
influence of liquidity ratio and profitability ratio to the share price. This research is casual comparative
research which is done by using the population of food and beverages companies which are listed in
IDX in 2011-2014 periods. The sample collection has been carried out by using purposive sampling
and 8 companies have been selected as samples. This research has been done by using multiple
regression analysis. The result of the research shows that simultaneously independent variables have
significant influence to dependent variable. Partially Current Ratio variable and ROE has positive
and significant influence to the share price, Quick Ratio variable shows negative and insignificant
influence to the share price, and the result of the analysis on the ROA variable shows that there is
negative and insignificant influence to the share price.

Keywords: BEI, Financial Percomance, Stock Price