Analisis Pengaruh Faktor Fundamental dan Resiko Sistematik Terhadap Harga Saham (Studi Empiris Pada Perusahaan Manuaktur yang Terdatar di BEI)

Abstract

This researh was meant to find the influence of the fundamental factors and systematic risk on stock prices at manufacturing companies listed on the Indonesia Stock Exchange. This type of research is quantitative research. The population in this study is 141 manufacturing companies listed on the BEI. The sample in this research are 60 companies. The data source is secondary data. Data collection method is by using purposive sampling method. A method of analysis used in this research is a model regression analysis worship of idols with the least squares or ordinary least square (OLS) to analyze the effect of fundamental factors and systematic risk on Stock Price. The results of the study concluded that: (1) the fundamental factors (return on asset, earnings per share, debt to equity ratio, price earning ratio) and systematic risk are jointly affecting 46,8% while the rest of which is 5.70% Influenced by other factors. (2) Partially, the fundamental factors (return on assets and earnings per share) have a significant positive effect on stock prices. Tundamental factors (debt to equity ratio, price earning ratio) and systematic risk have no significant effect on stock price.
Keywords: The fundamental Factors (ROA, EPS, DER, PER), Systematic Risk and Stock price