PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN

Abstract

This research is meant to find out the influence of financial performance which has been measured by
using LDR (Loan to Deposit Ratio), ROA (Return on Asset), NPM (Net Profit Margin), and DER
(Debt to Equity Ratio) to the stock price of bank companies which are listed in Indonesia Stock
Exchange (IDX) in 2010-2014 periods. The sample is done by using purposive sampling method, and
the samples are10 banking companies which are listed in Indonesia Stock Exchange which has 10
highest profit, and the observation periods in 2010-2014. Therefore 50 observations data have been
obtained. The data type is a secondary data. The data source in this research has been obtained from
the Indonesia Stock Exchange Gallery which is located on Sekolah Tingg iIlmu Ekonomi Indonesia
(STIESIA). Based on the result of the analysis of partial test it can be concluded that LDR (Loan to
Deposit Ratio), NPM (Net Profit Margin), and DER (Debt to Equity Ratio) variables do not have any
influence to the stock price of banking companies which are listed in Indonesia Stock Exchange.
Meanwhile, ROA (Return on Asset) has significant influence to the stock price of banking companies
which are listed in Indonesia Stock Exchange.

Keywords: LDR, ROA, NPM, DER, Stock Price