Analisis Kinerja Keuangan Perusahaan Terhadap Likuiditas Saham Pada Perusahaan Yang Listing Di Bursa Efek Indonesia

Wira, Variyetmi and Santi, Elfitri (2012) Analisis Kinerja Keuangan Perusahaan Terhadap Likuiditas Saham Pada Perusahaan Yang Listing Di Bursa Efek Indonesia. JURNAL AKUNTANSI & MANAJEMEN, 7 (2). pp. 9-23. ISSN 1858-3687

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Abstract

This study aims to obtain empirical evidence of the influence of the firm performances to stock liquidity in the Indonesia Stock Exchange. The research was conducted in the period 2001 to 2007. firm performances is measured by financial ratio as independent variables and the stock liquidity (measured by proxies of stock trading frequency and trading turnover) as the dependent variable. Financial ratios used are the Current Ratio (CR), Debt Equity Ratio (DER), Return on Equity (ROE), Return on Investment (ROI), Earning per Share (EPS), Price Equity Ratio (PER), Dividends per Share (DPS) and the Price Book Value (PBV). The study used two regression models are regression models using stock trading frequency and regression models that use TVA (trading turnover). The result both of model show that firm performance is simultaneously significant influence on stock liquidity. First model have coefficient of determination (R square) of 19.1%, and only PBV ratio as significant variable. The other model have R square 26,2% with CR and DER ratios as significant variables. These ratios are PBV, CR and PBV which have a positive effect on the liquidity in the Indonesia Stock Exchange.

Item Type:Article
Subjects:C Social Sciences > CF Commerce > CF1 Accounting
Divisions:Jurusan Akuntansi > Prog.Studi Akuntansi-D3 > Jurnal/Karya Ilmiah
ID Code:455
Deposited By:Mr. OP Repo-2 Puskom
Deposited On:03 Nov 2016 07:51
Last Modified:08 Nov 2016 15:43

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