PENGARUH FAKTOR EARNING PER SHARE, RETURN ON EQUITY, RETURN ON ASSETS DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM PADA PERUSAHAAN ASURANSI DI BURSA EFEK INDONESIA

Abstract

This research aim to analize to what factors earning per share, return on equity, return on assets and debt to equity ratio influence of stock prices and to know the most dominant factors on dependent variable. The sample of companies in this research is the insurance companies listed in Indonesia Stock Exchange. Samples used in this research a total of 11 companies with a periode of 3 years is 2008 to 2010. Analysis technique used is multiple linear regression analysis. At this research there are four independent variable that is earning per share, return on equity, return on assets, debt to equity ratio and stock prices as variable of dependent. The results show that the return on equity, return on assets and debt to equity ratio had no effect on stock prices in the Insurance Companies In Indonesia Stock Exchange. Earning per share positive effect on stock prices in the Insurance Companies In Indonesia Stock Exchange. This is evidenced by sig-t value of less than 5% significance.