BEBERAPA FAKTOR YANG MEMPENGARUHI HARGA SAHAM PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The research is purposed to observe the influence of Dividend Per Share (DPS), Earning Per Share (EPS), Return On Investment (ROI), and Net Profit Margin (NPM) to Share Price (SP) of the listed companies in Indonesian Stock Exchange. The research is a causality research which observes what and how so far the influence of DPS, EPS, ROI, and NPM to SP of the listed companies in Indonesian Stock Exchange. Field research is direct field approaching to obtain primary data from some available resources in correlation to the research. Classical assumption tests are treated to test the prerequisite analysis for hypothesis exam of linear regression model, it consists of normality-test, multi-colinearity-test, heteroscedastisity-test, and autocorrelation-test of the research data. The research results show that DPS gives a positive and significant influence to SP with counted t = 11.552 > t-table and p = 0.000 t-table and p = 0.000 0.0, it implicates that the company hasn’t good performance to get good profit and attract investors permanently investee and small increasing of SP; NPM gives a positive and insignificant influence to SP with counted t 0.826 0.05, it implicates that a great NPM doesn’t give contribution yet to company and investor getting optimal SP. DPS, EPS, ROI, and NPM give a positive and significant influence to SP with counted F = 96.566 and p = 0.000 < 0.05. However, the Adjusted R2 value is 0.758; it means that the four independent variables can describe the change of independent variable SP in order of 75.8%, whereas the rest 24.2% is described by other factors excluding proposed four independent variables in this research.