PENGARUH RETURN ON ASSET, EARNING PER SHARE DAN KEPEMILIKAN INSTITUSIONAL TERHADAP HARGA SAHAM
Abstract
Stock is one of the instruments that can supprot the development of capital market in Indonesia. Investment is indeed the current delay of consumption in order to get a return rate in the future. For a compan, the increasing stock price becomes a main priority of company to attract investors. Therefore this research aimed to find out the effect of the return on asset, eraning per share, and institusional ownership of the stock price. Population of this research were food and beverages companies as listed in Indonesia Stock Exchage. The samples were 15 companies that were collected using purposive samplin. Then, this research obtained 11 companies in the periods of 2013-2016. Moreover, this research analyzed the effect of variables, so this used multiple liniear regressions, F test, and t test. The result of this research using F tes showed that the model was feasible for further research. While t test result showed that return on asset, earning per share, and institusional ownership gave positive and significant effect on the stock price.
Keywords : return on asset, earning per share, institutional ownership, stock price