PENGARUH PROFITABILITAS DAN PERBEDAAN OPINI INVESTOR TERHADAP KINERJA HARGA SAHAM
| Main Authors: | Eka Damayanthi, I Gusti Ayu, Aryani Merkusiwati, Ni Ketut Lely, Lola Ulianti, Ni Putu, Candra Kusuma, I Gede, Wistika Putra, Agus Erik |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Fakultas Ekonomi dan Bisnis Universitas Udayana
, 2023
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| Online Access: |
https://ojs.unud.ac.id/index.php/eeb/article/view/111286 https://ojs.unud.ac.id/index.php/eeb/article/view/111286/53190 |
Daftar Isi:
- This research aims to empirically test the influence of profitability and differences in investor opinion on share price performance in banking companies. The research phenomenon explains that at the start of the Covid-19 pandemic, the banking sector experienced a decline in share price performance because investors were suspected of having concerns about investing in the risky banking sector due to the pandemic. The research wants to prove whether profitability factors and differences of opinion during the pandemic influence stock price performance. The research sample was 40 banking companies registered on the IDX in 2020. The method used is multiple linear regression analysis. The results of this research show that an increasing profitability value will be followed by an increase in company stock returns. This shows that profitability has a direct relationship with stock returns. The research results also show that high differences in investor opinion reduce stock price performance, and low differences in investor opinion will increase stock price performance. The results of this research support the signal theory.
- Penelitian ini bertujuan menguji secara empiris pengaruh profitabilitas dan perbedaan opini investor terhadap kinerja harga saham pada perusahaan perbankan. Fenomena penelitian menjelaskan pada saat awal pandemi covid 19 sektor perbankan mengalami penurunan kinerja harga saham karena investor diduga memiliki kekhawatiran berinvestasi pada sektor perbankan yang berisiko karena pandemi. Penelitian ingin membuktikan apakah faktor profitabilitas dan perbedaan opini saat pandemi berpengaruhi terhadap kinerja harga saham. Sampel penelitian adalah perusahaan perbankan yang terdaftar di BEI tahun 2020 sebanyak 40 perusahaaan. Metode yang digunakan adalah analisis regresi linier berganda. Hasil penelitian ini menunjukkan bahwa nilai profitabilitas yang meningkat akan diikuti kenaikan return saham perusahaan. Hal ini menunjukkan profitabilitas memiliki hubungan yang searah dengan return saham. Hasil penelitian juga menunjukan perbedaan opini investor yang tinggi menurunkan kinerja harga saham, dan perbedaan opini investor yang rendah akan meningkatkan kinerja harga saham. Hasil penelitian ini mendukung teori sinyal.