PENGARUH LOAN TO DEPOSIT RATIO, CAPITAL ADEQUACY RATIO, DAN RETURN ON EQUITY TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Arief Rachmawan Assegaf, SE., MM.

Abstract


The purpose of this research is to analyze the influence of loan to deposit ratio, capital adequacy ratio, and return on equity ratio on stock prices of banking companies listed on the Indonesia Stock Exchange. This research was designed with a quantitative method. The sample was selected by purposive sampling method with the criteria of 15 banking companies with the largest market capitalization value, totaling 15 samples with a research period of 5 years. Analysis methods used this research were simultaneously and partially regression analysis. The results of this research indicate that partially loan to deposit ratio has a negative and significant influence on stock prices, capital adequacy Ratio has no significant influence on stock prices, and return on equity ratio has a positive and significant influence on stock. Meanwhile, simultaneously loan to deposit ratio, capital adequacy ratio, and return on equity ratio have a significant influence on stock prices.

Keywords


Loan to deposit ratio, capital adequacy ratio, return on equity ratio, stock price

References


Avrita, R. D. and Pangestuti, I. R. D. (2016) ‘Analisis pengaruh CAR, NPL, LDR, NIM, dan BOPO terhadap profitabilitas bank (perbandingan bank umum go public dan bank umum non go public di Indonesia periode tahun 2011-2014)’, Diponegoro Journal of Management, 5(2), pp. 366–378.

Basir, S., & Fakhruddin, H. M. (2005) Aksi Korporasi : Strategi Untuk Meningkatkan Nilai Saham Melalui Aksi Korporasi. Jakarta: Salemba Empat.

Brigham, E. F. and Houston, J. F. (2011) ‘Dasar-dasar Manajemen Keuangan Terjemahan’. Edisi.

Bursa Efek Indonesia (2022a) Laporan Keuangan dan Tahunan. Available at: https://www.idx.co.id/perusahaan-tercatat/laporan-keuangan-dan-tahunan/ Accessed: 21 April 2022).

Bursa Efek Indonesia (2022b) Sejarah dan Milestone. Available at: https://www.idx.co.id/tentang-bei/sejarah-dan-milestone/ (Accessed: 7 July 2022).

Darmadji, T. and Fakhruddin, H. M. (2012) Pasar Modal Di Indonesia. Jakarta: Salemba Empat.

Dendawijaya, L. (2015) Manajemen Perbankan. Jakarta: Ghalia Indonesia.

Endri, E. (2020) ‘Long-Term Analysis Banking Share Price: Application of Data Panel Regression Model’, SSRN Electronic Journal, 2(04). doi: 10.2139/ssrn.3670225.

Fatma, E. R. T. (2020) ‘Pengaruh ROA, ROE, LDR, CAR, Dan NPL Terhadap Harga Saham (Studi Kasus pada Perusahaan Sektor Perbankan yang Termasuk dalam Indeks LQ45 2015-2019)’, Jurnal Mitra Manajemen, 4(12), pp. 1651–1663.

Harahap, D. A. and Hairunnisah, A. I. (2017) ‘Pengaruh Npl, Ldr, Gcg, Nim, Roa, Roe, Car, Bopo Terhadap Harga Saham Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Dari Tahun 2010-2014. The Effect Of NPL, LDR, GCG, NIM, ROA, ROE, CAR, BOPO Towards The Stock Price In Banking Companies’, Jurnal Dimensi, 6(1).

Kasmir (2018) Analisis Laporan Keuangan. Edisi Pert. Jakarta: Raja Grafindo Persada.

Kuncoro, M. and Suhardjono (2011) Manajemen Perbankan: Teori dan Aplikasi. Edisi 2. Yogyakarta: BPFE.

Latumaerissa, J. R. (1999) Mengenal Aspek-aspek Operasi Bank Umum. Jakarta: Bumi Aksara.

Naufal, M. R. and Mahardika, D. P. K. (2019) ‘Pengaruh Return On Equity (roe), Capital Adequacy Ratio (car), Loan To Deposit Ratio (ldr) Terhadap Harga Saham (studi Kasus Pada 10 Perbankan Terbesar Periode Tahun 2014-2017) Muhammad Rafif Naufal, Dewa Putra Khrisna Mahardika’, eProceedings of Management, 6(2).

Noviyanti, E. A., Rahayu, C. W. E. and Rahmawati, C. H. T. (2021) ‘Financial Performance and Stock Price: Another Review on Banks Listed in Indonesia Stock Exchange’, Journal of Management and Business Environment (JMBE), 3(1), p. 70. doi: 10.24167/jmbe.v3i1.3438.

Nugroho, M., Halik, A. and Arif, D. (2020) ‘Effect of CAMELS Ratio on Indonesia Banking Share Prices’, Journal of Asian Finance, Economics and Business, 7(11), pp. 101–106. doi: 10.13106/jafeb.2020.vol7.no11.101.

Otoritas Jasa Keuangan (OJK) (2016) Pasar Modal. Available at: https://www.ojk.go.id/sustainable-finance/id/tentang/Pages/Pasar-Modal.aspx (Accessed: 10 January 2022).

Riyadi, S. (2015) Banking Assets And Liability Management. Jakarta: Lembaga Penerbit Fakultas Ekonomi Universitas Indonesia.

Sarjono, H. and Suprapto, A. T. (2020) ‘Camel Ratio Analysis Of Banking Sector Share Price In Indonesia Stock Exchange’, Palarch’s Journal Of Archaeology Of Egypt/Egyptology, 17(7), pp. 2213–2222.

Tandelilin, E. (2017) Pasar Modal: Manajemen Portofolio dan Investasi. Yogyakarta: Kanisius.

Widoatmodjo, S. (2012) Cara Sehat Investasi di Pasar Modal. Edisi Revi. Jakarta: PT. Jurnalindo Aksara Grafika.

Wijaya, E. and Amelia (2017) ‘Analisis Pengaruh Net Interest Margin (NIM), Return On Asset (ROA) Return on Equity (ROE) Dan Capital Adequacy Ratio (CAR) terhadap Harga Saham Pada Perushaan Perbankan Di Bursa Efek Indonesia Dalam Menentukan Investasi’, Procuratio, 5(1), pp. 38–47.

Yuninda, Y. and Kusumawardhani, R. (2021) ‘The Effect Of ROA, Capital, Growth Assets, LDR And DER On Share Prices In Registered Banking Sectors In Indonesia Stock Exchange Period 2010-2018’, International Journal of Economics, Business and Accounting Research (IJEBAR), 5(3)




DOI: http://dx.doi.org/10.35137/jei.v24i1.945

Refbacks

  • There are currently no refbacks.


Copyright (c) 2023 Arief Rachmawan Assegaf, SE., MM.

Editorial Office
Jurnal Ekonomi & Industri (JEI)

Universitas Krisnadwipayana
Kampus Unkris Jatiwaringin Pondok Gede Jakarta Timur 17411
Phone : 085715942018 / email : jei@unkris.ac.id

 


Creative Commons Licence

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.