Pengaruh Kinerja Keuangan Terhadap Harga Saham di Masa Pandemic Covid-19 yang Terdaftar di Bursa Efek Indonesia Periode 2019-2021

Siti Rustika Kalla; Suwito Suwito; Asrudin Hormati

doi:10.30640/ekonomika45.v12i1.3514

Authors

Siti Rustika Kalla Universitas Khairun Ternate
Suwito Suwito Universitas Khairun Ternate
Asrudin Hormati Universitas Khairun Ternate

DOI:

https://doi.org/10.30640/ekonomika45.v12i1.3514

Keywords:

Finance, Stocks, Pandemic, Manufacturing

Abstract

The objectives of this study are: To see the influence of financial performance on share prices during in the Covid-19 pandemic listed on the indonesian stock exchange. The population in this research is manufacturing companies, which are listed on the indonesian stock exchange in 2019-2021. The type of data use in this research is quantitavive data and the data analysis method used is descriptive statistical analysis. Then with the calssical assumption test, multicollinearity test, and heteroscedasity test. Hypothesis testing uses panel testing. The result of this research show that Return On Assets (ROA) has an effect on stock prices during the covid pandemic. The results of regression analysis state that ROE has no effect on stock prices. The results of the analysis of the ROS variable state that ROS has no effect on stock prices during the covid-19 pandemic. The results of analysis of the EPS variable show that earnings per share have no effect on share prices.

References

Ahmadi, N., Rahmani, B., Islam, U., & Sumatera, N. (2023). Analisis pengaruh biaya operasional terhadap pendapatan operasional (BOPO), total asset turnover (TATO), return on assets (ROA), terhadap harga saham perusahaan syariah di Indonesia. Jurnal Riset Akuntansi dan Bisnis, 23(1), 16–23. https://doi.org/10.30596/13264

Al Umar, A. U. A., & Nur Savitri, A. S. (2020). Analisis pengaruh ROA, ROE, EPS terhadap harga saham. Jurnal Analisa Akuntansi dan Perpajakan, 4(2). https://doi.org/10.25139/jaap.v4i2.3051

Amries Rusli, T., & Edarlis, D. (2009). Pengaruh EVA, ROA, ROE, ROS, EPS, BEP terhadap harga saham perusahaan perbankan dan asuransi di Bursa Efek Indonesia tahun 2007-2009.

Aziz Sholeh, A., et al. (2024). Kompensasi terhadap motivasi kerja karyawan pada PT. Insolent Raya di Surabaya. Journal of Management and Creative Business, 2(1), 82–96.

Azmi, M. U., Andini, R., & Raharjo, K. (2016). Analisis pengaruh net profit margin (NPM), return on assets (ROA) dan current ratio (CR) terhadap harga saham emiten LQ45 yang terdaftar di Bursa Efek Indonesia. Journal of Accounting, 2(2). http://jurnal.unpand.ac.id/index.php/AKS/article/view/473

Bintara, R., Wahyudi, S. M., & . M. (2020). Analysis of fundamental factors on stock price. International Journal of Academic Research in Accounting, Finance and Management Sciences, 9(4), 49–64. https://doi.org/10.6007/ijarafms/v9-i4/6813

Diella, N., & Pakpahan, E. (2022). Analisis pengaruh ROE dan DAR terhadap harga saham (studi kasus pada PT PP Properti Tbk periode 2016–2020). Indonesian Journal of Economics and Management, 2(3), 614–620.

Duchlun, M. A. (2023). Pengaruh return on assets, return on equity, net profit margin, dan sales growth terhadap harga saham. Eqien: Jurnal Ekonomi dan Bisnis, 11(4). https://doi.org/10.34308/eqien.v11i04.1286

Faitullah. (2016). Analisis pengaruh EPS, ROE, ROA, EVA, dan MVA terhadap harga saham pada perusahaan subsektor farmasi yang terdaftar di BEI. Angewandte Chemie International Edition, 6(11), 951–952.

Fitriano, Y., & Herfianti, M. (2021). Analisis pengaruh return on assets (ROA), return on equity (ROE), dan net profit margin (NPM) terhadap harga saham (studi pada perusahaan sektor LQ45). Jurnal Ilmiah Ekonomi dan Bisnis, 9(2), 193–205. https://jurnal.unived.ac.id/index.php/er/index

Gharaibeh, A. T., Saleh, M. H., Jawabreh, O., & Ali, B. J. A. (2022). An empirical study of the relationship between earnings per share, net income, and stock price. Applied Mathematics and Information Sciences, 16(5), 673–679. https://doi.org/10.18576/amis/160502

Ghozali, I. (2018). Aplikasi analisis multivariate dengan program SPSS 25 (Edisi ke-9). Badan Penerbit Universitas Diponegoro.

Girsang, A. N., Tambun, H. D., Putri, A., Rarasati, D., Nainggolan, D. S. S., & Desi, P. (2019). Analisis pengaruh EPS, DPR, dan DER terhadap harga saham sektor trade, services, & investment di BEI. Jesya (Jurnal Ekonomi & Ekonomi Syariah, 2(2), 351–362. https://doi.org/10.36778/jesya.v2i2.97