Pengaruh Likuiditas, Profitabilitas, Solvabilitas terhadap Harga Saham Industri Dasar dan Kimia di Bursa Efek Indonesia

Abstract

Companies in the industrial sector are a sector management that greatest contribution to GDP in 2010-2012. Based on the classification of BEI, the industrial sector is divided into 3 sectors i.e. sectors of various industries, primary industries and chemical sectors, industry sector and customer goods. Every company should be aware in capital structure management because capital structure is one of the important component of company finance that should be used effectively and productively so it can be able to improve the ability of liquidity and profitability. This research used the company data base and chemical industrial sector in 2010-2012 were analyzed using confirmatory analysis with the help of Structural Equation Modelling. DAR and DER are the factor of leverage. Factor of LIQUID among others are CR and QR while loading factors of PROFIT among others are NPM, ROE, and ROI. The result of profitability of stock price is significantly influential in 2010 and 2012 while liquidity of stock price is significantly influential in 2010-2011. Leverage of stock price is not significantly influential in 2010-2012.