ANALISIS HUBUNGAN ANTARA KINERJA PERUSAHAAN DENGAN HARGA SAHAMNYA ( STUDI KASUS PADA PERUSAHAAN DI INDUSTRI ROKOK DI BURSA EFEK JAKARTA PERIODE 1993-1997 )

• Main Author: Benny Alexandri, Mohammad
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/4960
• Institution: Institut Teknologi Bandung

<b>Abstract :</b><p align="justify"> <br /> This research is aimed to test where there are correlation and effect of a company financial performance and its listed shares at Jakarta Stock Exchange during year 1993-1997.<p align="justify"> <br /> Company's financial performance's that is used in this research are Economic Value Added (EVA), Debt to Equity Ratio (DER) and Return On Investment (ROI).<p align="justify"> <br /> The samples taken are the companies in ciggarete industry. They are PT British American Tobacco Company (BAT) Indonesia Tbk, PT Gudang Garcon Tbk and PT Hanjaya Mandala (HM) Sampoerna Tbk. <br /> This research is using multiple regression and the operating variables which have been selected are price of shares (0), Economic Value Addeo? (XI), Debt to Equity Ratio (X2) and Return On Investment (X3).<p align="justify"> <br /> The result of this research present that simultaneously, all three variables have effect on the prices of shares. The analysis also present that the value of determination coefficient (R2) is 49.5%, which mean that about 49.5% of the variable of the price of share can be explained by the three variables mentioned. While about 50.5% are explained by other variables which are not included in this research.<p align="justify"> <br /> The conclusion of this research is that the investor who are doing trade at Jakarta Stock Exchange during year 1993-1997 have paid attention to company financial performance .