Ni’mah, Ayyu Wafiqotun (2017) Analisis pengaruh faktor fundamental terhadap return saham dengan pengungkapan Corporate Social Responsibility (CSR) sebagai variabel moderasi: Studi kasus pada perusahaan yang masuk dalam index LQ45 periode 2011-2015. Undergraduate thesis, Universitas Islam Negeri Maulana Malik Ibrahim.
|
Text (Fulltext)
13510092.pdf - Accepted Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (2MB) | Preview |
Abstract
INDONESIA:
Return merupakan salah satu motivasi investor untuk melakukan investasi. Analisis fundamental perusahaan menjadi sangat penting karena mencerminkan kinerja keuangan perusahaan dalam menghasilkan return yang menjadi pertimbangan investor sebelum investasi. Tujuan penelitian ini adalah untuk mengetahui pengaruh faktor fundamental dan pengungkapan CSR terhadap return saham serta untuk mengetahui pengaruh moderasi variabel pengungkapan CSR pada pengaruh faktor fundamental terhadap return saham.
Populasi dalam penelitian ini adalah perusahaan yang masuk dalam Index LQ45 tahun 2011-2015. Teknik pengambilan sampel dilakukan dengan menggunakan metode purposive sampling dan berdasarkan kriteria yang telah dilakukan maka jumlah sampel diperoleh sebanyak 14 perusahaan. Pengujian hipotesis penelitian digunakan teknik analisis regresi linier berganda dan Moderating Regression Analysis (MRA) dengan aplikasi SPSS.
Hasil penelitian ini menunjukkan bahwa variabel faktor fundamental secara simultan berpengaruh terhadap return saham dan secara parsial CR, ROA, dan PER berpengaruh positif dan signifikan terhadap return saham, TATO berpengaruh negative dan signifikan terhadap return saham, dan DER tidak berpengaruh terhadap return. Sedangkan variabel pengungkapan CSR berpengaruh terhadap return saham, serta variabel pengungkapan CSR mampu memperkuat pengaruh faktor fundamental yang diproksikan dengan CR, DER, ROA, TATO, dan PER terhadap return saham perusahaan.
ENGLISH:
Return is one of the motivation of the investors to make an investment. Fundamental analysis of the company is very important because it reflects the company's financial performance in generating returns into consideration of investors before doing investment. The purpose of this study was to determine the influence of fundamental factors and the disclosure of CSR on stock return and to determine the influence of variable moderation of CSR disclosure on the influence of fundamental factors against stock returns.
The populations in this were the companies that entered in Index of LQ45 year of 2011-2015. The sampling technique was done by using purposive sampling method and based on the criteria that had been done then the number of samples were obtained as many as 14 companies. The research hypothesis test used multiple linear regression analysis technique and Moderating Regression Analysis (MRA) with SPSS application.
The results of this study indicated that the fundamental factor variables simultaneously influenced the stock return, and partially, CR, ROA, and PER had a positive and significant effect on the stock return, TATO had negative and significant effect on the stock return, and DER had no effect on the stock return. The CSR disclosure variable had an effect on the stock return, as well as disclosure variable of CSR was able to strengthen the influence of fundamental factor that wasinstalled with CR, DER, ROA, TATO, and PER against the stock return of the companies
Item Type: | Thesis (Undergraduate) | ||||||
---|---|---|---|---|---|---|---|
Supervisor: | Mardiana, Mardiana | ||||||
Contributors: |
|
||||||
Keywords: | CR; DER; ROA; TATO; PER; CSR; Return | ||||||
Departement: | Fakultas Ekonomi > Jurusan Manajemen | ||||||
Depositing User: | Durrotun Nafisah | ||||||
Date Deposited: | 27 Jul 2018 15:12 | ||||||
Last Modified: | 27 Jul 2018 15:12 | ||||||
URI: | http://etheses.uin-malang.ac.id/id/eprint/11411 |
Downloads
Downloads per month over past year
Actions (login required)
![]() |
View Item |