PENGARUH RISIKO BISNIS, KINERJA KEUANGAN DAN KINERJA LINGKUNGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN PERTAMBANGAN BATU BARA YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2016-2020

Nona Jane Onoyi, One Yantri, Ely Kurniawati, Diana Titik Windayati

Sari


The purpose of this study was to determine the effect of business risk, financial performance, and environmental performance on the stock price.  This study uses business risk, financial performance proxied by ROA, and environmental performance proxied by PROPER as independent variables. Meanwhile, the stock price is the dependent variable. The research population is a coal mining company listed on the IDX as many as 22 companies. The research sample took 11 companies obtained by using the purposive sampling method. The research sample took 11 companies obtained by using the purposive sampling method. The research method uses multiple linear regression. The results showed that partially the business risk variable had no significant effect on stock prices, while the financial performance and environmental performance variables had a significant effect on stock prices. Simultaneously the variables of business risk, financial performance, and environmental performance have a significant effect on the stock price.  Advice for the company is to maintain financial performance and environmental performance in order to maintain investor confidence in the company.

Teks Lengkap:

PDF

Referensi


Danang, S. (2013). Metodologi penelitian akuntansi. Bandung: PT Refika Aditama Anggota Ikapi, 86.

Dewi, P. D. A., & Suaryana, I. (2013). Pengaruh EPS, DER, dan PBV terhadap harga saham. E-Jurnal Akuntansi Universitas Udayana, 4(1), 215–229.

Fadhilah, A. T., Suharman, H., & Handoyo, S. (2021). The Determinants of Environmental Performance: A Study on Indonesia Listed Firms. Journal of Accounting Auditing and Business, 4(2), 70–79. https://doi.org/10.24198/jaab.v4i2.34944

Fahmi, I. (2017). Analisis Kinerja Keuangan. Alfabeta Bandung.

Ghozali, I. (2018). Aplikasi analisis multivariate dengan program IBM SPSS 25.

Hafni, L., Renaldo, N., Chandra, T., & Thaief, I. (2020). The Use of Regression Models with Supply Chain Management to Increase Financial Satisfaction of Generation Z. International Journal of Supply Chain Management, 9(5), 1641–1650.

Haholongan, R. (2016). Kinerja lingkungan dan kinerja ekonomi perusahaan manufaktur go public. Jurnal Ekonomi Dan Bisnis, 19(3), 413–423.

Hidayah, N. E. F., Halimah, S. N., & Rahmawati, R. (2019). RISIKO BISNIS, KEPEMILIKAN INSTITUSIONAL, STRUKTUR MODAL DAN PROFITABILITAS TERHADAP HARGA SAHAM PERUSAHAAN RITEL.

Lind, D. A., Marchal, W. G., & Wathen, S. A. (2018). Statistical Techniques in Business & Economics. In Economics (Seventeent). McGraw-Hill Education.

Mujiono, H. P., & Prijati, P. (2017). Pengaruh CR, DER, ROA, dan EPS terhadap harga saham food and beverages. Jurnal Ilmu Dan Riset Manajemen (JIRM), 6(3).

Novandri, A. (2022). PENGARUH PROFITABILITAS, KEBIJAKAN DIVIDEN, RISIKO BISNIS, DAN STRUKTUR MODAL TERHADAP HARGA SAHAM. UNIVERSITAS BAKRIE.

Pratiwi, M. D. D., Rupa, I. W., & Manuaba, I. B. M. P. (2020). PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN SECTOR INFRASTRUCTUR, UTILITIE &TRANSPORTATION DI BURSAEFEK INDONESIA PERIODE2016-2018. Jurnal Riset Akuntansi Warmadewa, 1(2), 73–82.

Raheem, M. A., Udoh, N. S., & Gbolahan, A. T. (2019). Choosing Appropriate Regression Model in the presence of Multicolinearity. Open Journal of Statistics, 9(2), 159–168.

Razali, N. M., & Wah, Y. B. (2011). Power comparisons of shapiro-wilk, kolmogorov-smirnov, lilliefors and anderson-darling tests. Journal of Statistical Modeling and Analytics, 2(1), 21–33.

Ria, Y., & Lestari, P. V. (2015). Pengaruh risiko bisnis, ukuran perusahaan dan pertumbuhan penjualan terhadap struktur modal. Udayana University.

Setiawan, E. R., & Izzaty, K. N. (2021). Analysis of Management Accounting Systems Affecting Energy Efficiency, Environmental Uncertainty and Environmental Performance of Small and Medium Enterprises. Journal of Applied Sciences in Accounting, Finance, and Tax, 4(1), 77–89. https://doi.org/10.31940/jasafint.v4i1.2432

Setyawan, A. I. W., & Nuzula, N. F. (2016). PENGARUH FIRM SIZE, GROWTH OPPORTUNITY, PROFITABILITY, BUSINESS RISK, EFFECTIVE TAX RATE, ASSET TANGIBILITY, FIRM AGE DAN LIQUIDITY TERHADAP STRUKTUR MODAL PERUSAHAAN (Studi pada Perusahaan Sektor Property dan Real Estate yang Terdaftar di BEI Tahun 2009-. Jurnal Administrasi Bisnis (JAB)| Vol, 31(1).

Siregar, Q. R., & Farisi, S. (2018). Pengaruh Return On Assets Dan Earning Per Share Terhadap Harga Saham. Maneggio: Jurnal Ilmiah Magister Manajemen, 1(1), 81–89.

Thach, H. X., & Thu, T. T. (2020). Analyses the Effect of Environmental Strategy to Environmental Performance in Vietnamese Companies: Mediation Role of Environmental Management Accounting. International Conference on Finance, Accounting and Auditing (ICFAA 2020), 34–47.

Ulupui, I. G. K. A., Murdayanti, Y., Marini, A. C., Purwohedi, U., Mardi, & Yanto, H. (2020). Green accounting, material flow cost accounting and environmental performance. Accounting, 6, 743–752. https://doi.org/10.5267/j.ac.2020.6.009

Uyanto, S. S. (2020). Power comparisons of five most commonly used autocorrelation tests. Pakistan Journal of Statistics and Operation Research, 119–130.

https://snips.stockbit.com/investasi/perusahaan-tambang-di-bursa-efek-indonesia (diakses tanggal 28 Agustus 2022).




DOI: https://doi.org/10.33559/eoj.v5i2.1501

Refbacks

  • Saat ini tidak ada refbacks.


Jumlah Kunjungan

Negara Pengunjung

Flag Counter

Lisensi Creative Commons
Ciptaan disebarluaskan di bawah Lisensi Creative Commons Atribusi 4.0 Internasional.