HUBUNGAN ANTARA RETURN ON EQUITY (ROE), DEBT-TO EQUITY RATIO (DER) DENGAN HARGA SAHAM PADA PERUSAHAAN LQ 45 YANG GO PUBLIC DI BURSA EFEK INDONESIA (BEI) THE CORRELATION BETWEEN RETURN ON EQUITY (ROE), DEBT-TO EQUITY RATIO WITH STOCK PRICE AT LQ 45 COMPANY GO PUBLIC IN THE INDONESIAN STOCK EXCHANGE

AYU NURHAYATI, . (2010) HUBUNGAN ANTARA RETURN ON EQUITY (ROE), DEBT-TO EQUITY RATIO (DER) DENGAN HARGA SAHAM PADA PERUSAHAAN LQ 45 YANG GO PUBLIC DI BURSA EFEK INDONESIA (BEI) THE CORRELATION BETWEEN RETURN ON EQUITY (ROE), DEBT-TO EQUITY RATIO WITH STOCK PRICE AT LQ 45 COMPANY GO PUBLIC IN THE INDONESIAN STOCK EXCHANGE. Sarjana thesis, UNIVERSITAS NEGERI JAKARTA.

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Abstract

Penelitian ini bertujuan untuk mendapatkan informasi dan pengetahuan berdasarkan data atau fakta yang sahih dan valid, benar dan dapat dipercaya tentang seberapa besar Hubungan Antara Return On Equity (ROE), Debt-to Equity Ratio (DER) dengan Harga Saham pada Perusahaan LQ 45 yang go public di Bursa Efek Indonesia (BEI). Penelitian ini menggunakan metode survey dengan pendekatan korelasional ganda dan menggunakan data sekunder. Variabel terikatnya adalah Harga Saham dan Return On Equity (ROE) dan Debt-To Equity Ratio (DER)sebagai variabel bebasnya. Populasi dalam penelitian ini adalah Perusahaan LQ 45 yang go public di Bursa Efek Indonesia (BEI) sebanyak 45 perusahaan. Sedangkan sampel yang digunakan sebanyak 40 sampel. Teknik pengambilan sampel yang digunakan adalah purposive sampling yaitu sebuah sampel non probabilita yang menyesuaikan dengan kriteria tertentu yang telah ditentukan oleh peneliti. Teknik analisis data dimulai dengan persamaan regresi linier ganda, dan didapat Ŷ = 4,29 + 1,13 X1 – 2,11 X2 . Uji persyaratan analisis yaitu uji normalitas ganda galat taksiran Y atas X1 dan X2 dengan uji liliefors L hitung < L tabel yaitu 0,4121 < 0.8860. Ini menunjukkan bahwa model regresi beristribusi normal. Berdasarkan uji kelinieran persamaan regresinya di dapat bahwa F tabel > F hitung yaitu 2.46 > -0,0010. Ini menunjukkan model regresi dinyatakan linier. Uji penyimpangan asumsi klasik yaitu uji multikolinieritas, heteroskedastisitas dan autokorelasi. Berdasarkan uji multikolinieritas didapat nilai variance inflation factor (VIF) kedua variabel, yaitu ROE sebesar 1,002, DER sebesar 1,002. Kedua variabel lebih kecil dari 5, sehingga bisa diduga antarvariabel independen tidak terjadi persoalan multikolinieritas. Selanjutnya diadakan uji heteroskedastisitas, didapat bahwa nilai T tabel < T hitung, yaitu -51,781 < 1,68. Ini menunjukkan bahwa tidak ada gejala heteroskedastisitas pada model regresi. Berdasarkan uji autokorelasi dihasilkan dari DW dari model regresi adalah 1,744, sedangkan dari tabel DW dengan signifikansi 0,05 diperoleh nilai dL 1,391 dan dU sebesar1,600 maka dapat disimpulkan tidak ada autokorelasi. Berdasarkan uji hipotesis dengan uji koefisien korelasi ganda diperoleh Ry12 sebesar 0,30. Berdasarkan uji signifikansi keberartian korelasi ganda, didapat F hitung 0,004. Ini menunjukkan terdapat hubungan yang positif. Berdasarkan perhitungan uji-t diketahui t hitung < t tabel, yaitu 0.7 < 1,80. Ini menunjukkan tidak ada pengaruh signifikan antara ROE, DER terhadap Harga Saham. Sedangkan berdasarkan perhitungan koefisien determinasi diperoleh nilai 30%, yang menunjukkan besarnya kontribusi ROE, DER terhadap Harga Saham sebesar 30%. Hasil penelitian ini telah menunjukkan adanya hubungan yang positif antara ROE dengan Harga Saham, sedangkan untuk DER memiliki hubungan yang negatif pada perusahaan LQ 45 yang go public di Bursa Efek Indonesia (BEI). Hal ini berati jika ROE maka akan meningkatkan Harga Saham. Sedangakan apabila DER meningkat maka akan menurunkan harga saham. ***** This study aims to obtain information and knowledge based on data or the fact that legitimate and valid, true and trustworthy about how big Relationship Between Return On Equity (ROE), Debt-to Equity Ratio (DER) with the Company's Stock Price at 45 to go LQ public in Indonesia Stock Exchange (BEI). This study uses survey methods with dual korelasional approach and using secondary data. Variable is bound Share Price and Return On Equity (ROE) and the Debt-to Equity Ratio (DER) as a free variable. Population in this research is that 45 LQ company to go public in Indonesia Stock Exchange (BEI) of 45 companies. While the sample is used as many as 40 samples. Sampling technique used was purposive sampling is a non-probability sample that match certain criteria that have been determined by the researcher. Techniques of data analysis began with multiple linear regression equation, and obtain Y = 4.29 + 1.13 X1 - 2.11 X2. Test analysis requirements of multiple normality test error of estimate of Y with X1 and X2 test count liliefors L <L table is 0.4121 <0.8860. This shows that the normal beristribusi regression models. Based on the linearity test in the regression equation can be that the F table> F compute the 2.46> -0.0010. This shows a linear regression model revealed. Aberration test test assumptions of classical multikolinieritas, heteroskedastisitas and autokorelasi. Based on values obtained multikolinieritas test variance inflation factor (VIF) of the two variables, namely ROE of 1.002, DER of 1.002. The second variable is less than 5, so that might be expected not happen antarvariabel independent multikolinieritas issues. Heteroskedastisitas held next test, obtained that the value of the table T <T count, namely -51.781 <1.68. This shows that there are no symptoms at heteroskedastisitas regression models. Based on test results from the DW autokorelasi of the regression model is 1.744, whereas the DW tables with values obtained by the 0.05 and 1.391 dL dU sebesar1, 600 it can be concluded there is no autokorelasi. Based on testing hypothesis testing with multiple correlation coefficient of 0.30 obtained Ry12. Keberartian significance test based on multiple correlation, obtained F 0.004 count. This shows there is a positive relationship. Based on a known test-t t count <t table, namely 0.7 <1.80. This shows no significant influence between ROE, DER of Stock Price. While the coefficient of determination based on the calculation of the value obtained 30%, which shows the amount of the contribution ROE, DER on Stock Price by 30%. These research results have shown a positive relationship between ROE with Stock Price, while for the DER has a negative relationship LQ 45 firms that go public on the Indonesia Stock Exchange (BEI). This means if the ROE will increase the price of the Shares. While the DER increases when the stock price will decrease. This study aims to obtain information and knowledge based on data or the fact that legitimate and valid, true and trustworthy about how big Relationship Between Return On Equity (ROE), Debt-to Equity Ratio (DER) with the Company's Stock Price at 45 to go LQ public in Indonesia Stock Exchange (BEI). This study uses survey methods with dual korelasional approach and using secondary data. Variable is bound Share Price and Return On Equity (ROE) and the Debt-to Equity Ratio (DER) as a free variable. Population in this research is that 45 LQ company to go public in Indonesia Stock Exchange (BEI) of 45 companies. While the sample is used as many as 40 samples. Sampling technique used was purposive sampling is a non-probability sample that match certain criteria that have been determined by the researcher. Techniques of data analysis began with multiple linear regression equation, and obtain Y = 4.29 + 1.13 X1 - 2.11 X2. Test analysis requirements of multiple normality test error of estimate of Y with X1 and X2 test count liliefors L <L table is 0.4121 <0.8860. This shows that the normal beristribusi regression models. Based on the linearity test in the regression equation can be that the F table> F compute the 2.46> -0.0010. This shows a linear regression model revealed. Aberration test test assumptions of classical multikolinieritas, heteroskedastisitas and autokorelasi. Based on values obtained multikolinieritas test variance inflation factor (VIF) of the two variables, namely ROE of 1.002, DER of 1.002. The second variable is less than 5, so that might be expected not happen antarvariabel independent multikolinieritas issues. Heteroskedastisitas held next test, obtained that the value of the table T <T count, namely -51.781 <1.68. This shows that there are no symptoms at heteroskedastisitas regression models. Based on test results from the DW autokorelasi of the regression model is 1.744, whereas the DW tables with values obtained by the 0.05 and 1.391 dL dU sebesar1, 600 it can be concluded there is no autokorelasi. Based on testing hypothesis testing with multiple correlation coefficient of 0.30 obtained Ry12. Keberartian significance test based on multiple correlation, obtained F 0.004 count. This shows there is a positive relationship. Based on a known test-t t count <t table, namely 0.7 <1.80. This shows no significant influence between ROE, DER of Stock Price. While the coefficient of determination based on the calculation of the value obtained 30%, which shows the amount of the contribution ROE, DER on Stock Price by 30%. These research results have shown a positive relationship between ROE with Stock Price, while for the DER has a negative relationship LQ 45 firms that go public on the Indonesia Stock Exchange (BEI). This means if the ROE will increase the price of the Shares. While the DER increases when the stock price will decrease.

Item Type:	Thesis (Sarjana)
Additional Information:	1). DRA LETI LATIFAH, MM. ; 2). ATI SUMIATI, S.PD, M.SI
Subjects:	Ilmu Sosial > Industri, Buruh, Produksi > Pendidikan Ekonomi
Divisions:	FE > S1 Pendidikan Ekonomi
Depositing User:	PKL .
Date Deposited:	16 Oct 2026 08:06
Last Modified:	16 Oct 2026 08:06
URI:	http://repository.unj.ac.id/id/eprint/74266

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