PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

Banking plays an important role as an intermediary function and it makes the economic entrepreneurs have an active role in investing like the capital market. The rapid competition in the banking world industry encourages investors to make a decision carefully. One of the company internal information which is needed by the investor is a financial report about financial performance such as LDR, ROA, NIM, and BOPO. The data used in this research is the quarterly secondary data for 2007- 2009. By using fundamental analysis at least it helps the investors to select investment based on 160 samples tested from 16 banks in 2007-2009. It is found 2 variables which affect toward partial stock rate named ROE and NIM, meanwhile, simultaneous testing LDR, ROA, ROE, NIM, and BOPO effect s significantly toward the stock price for 59,4 %, while for 40,6% is affected by other variables. The relation influence of LDR and BOPO is negative, meanwhile, ROA, ROE, and NIM give positive effect toward stock price. Keywords: Liquidity, Rentability, Solvability, Stock price.