PENGARUH DIVIDEN DAN LEVERAGETERHADAPPERKIRAAN HARGA SAHAM (Studi pada Perusahaan yang tercatat di Bursa Efek Indonesia Periode2006-2011)
Authors
Anessa Musfitria
he background of thisresearchis the existenceof two villagesthat possessidentical economic leading sector,which is fresh water aquaculture. Despite of their similarity, these villages are also hold a determiningdifference in the way they practice their business. Fresh water aquaculturefarmers in Nagrog Village operatetheir businesses in togetherness and collectively. Meanwhile,the practices of aquaculturein Mayang Village arestill conducted individually. Based on the background above, this research is conducted to analyze roles ofbusiness group in fresh water aquaculture cultivation commodities marketing.The method utilized in thisresearchwas a descriptive analysis. Objects of this researchare Mayang Village in Subang Regency andNagrog Village in Purwakarta Regency. Based on thephenomenon, researchers are interested toanalyzetheexistence of fresh water aquaculture business groupon these villages, the marketing process of fresh wateraquaculture commodity, and the role of business group in the marketing of aquaculture commodity in bothvillages. Fromthisresearch, the obtained results show thatbusiness group has been formed in NagrogVillage;meanwhile in Mayang Village despite the aquaculture business that has been practiced longer than the ones inNagrog Village, business group is yet to be formed.Compared to Mayang Village, aquaculture commoditymarketing is more successful in Nagrog Village. The existence of business group provides a significant role inaquaculture commodity marketing.
Keywords: Aquaculture, business group, commodity marketing, leading sector.
Abstract
AbstrakPenelitian ini bertujuan melihat pengaruh deviden dan leverage terhadap perkiraan hargasaham. Sampel yang digunakan adalah perusahaan yang terdaftar di BursaEfek Indonesiaperiode 2006-2011 dengan jumlah 61 perusahaan. Model penelitian menggunakan regresiberganda dengan data panel menggunakan metode PLS. Variabel dependen dalam penelitianini adalah harga saham sedangkan variabel independennya adalah dividendan leverage.Berdasarkan hasil analisisdapat ditarik kesimpulan bahwadividenmemiliki pengaruh yangsignifikan terhadap harga saham, sedangkanLeverage tidak berpengaruh terhadap hargasaham.AbstractThis journal aims to see the effect of dividend and leverage to forecast stock prices. Thesample used is a listed company on the Indonesian Stock Bursa2006-2011 period with thenumber of 61 companies. The research model using multiple regression with panel datausing PLS method. The dependent variable in this study is the stock price while theindependent variable is the dividend and leverage. Based on the results of the calculation canbe concluded that the dividend has a significant effect on stock prices, whileLeverage has noeffect on stock prices.Keywords:dividen, leverage, saham
