Pengaruh Market Value Added (Mva) Dan Nilai Tukar Terhadap Harga Saham
Abstract
Shares are securities issued by companies to attract investors. Stock prices are a very important concern for investors because of their volatile nature. The stock price can show the value of a company. If the stock price continues to move up then the company has good fundamentals and the profits earned and generated from operations increase. Stock prices that are too low have an image in the community that the company's performance is not good. However, if the stock price is too high, it can reduce the ability of investors to buy the stock. This study aims to determine the effect of Market Value Added (MVA) and Exchange Rate on stock prices. This type of research is descriptive research with a quantitative approach with purposive sampling method. Data obtained from the financial statements of companies listed on the Indonesia Stock Exchange (IDX) and other sources in the 2017-2019 research period. The population in this study were LQ45 companies for the 2017-2019 period and the sample used in this study were 28 Lq45 companies listed on the Indonesia Stock Exchange for the 2017-2019 period. The data collection technique used in this research is the study of documentation and literature. The results of this study indicate that Market Value Added (MVA) and Exchange Rate simultaneously have a significant effect on stock prices. Market Value Added (MVA) has a significant positive effect on stock prices. Exchange rate has no significant effect on stock prices.
References
Abundanti, P. W. (2018). Pengaruh EPS, PER, CR Dan ROE Terhadap Harga Saham Di Bursa Efek Indonesia. E-Jurnal Managemen Unud, 2106-2133.
Ardila, E. P. (2019). Pengaruh Perubahan Tingkat Suku Bunga Bank Indonesia Dan Perubahan Nilai Tukar Rupiah Pada US Dollar Terhadap Harga Saham-Saham LQ45 Di Bursa Efek Indonesia. Jurnal Sekuritas, 65-82.
Darmawan, M. R. (218). Pengaruh DER, ROA, ROE, EPS Dan MVA Terhadap Harga Saham Pada Indeks Saham Syariah Indonesia. Journal Of Applied Managerial Accounting, 206-2018.
Ghozali, P. H. (2017). Analisis Multivariat Dan Ekonometrika. Semarang: Universitas Diponegoro.
Ilmi, M. F. (2017). Pengaruh Kurs/Nilai Tukar Rupiah, Inflasi Dan Tingkat Suku Bunga SBI Terhadap Indeks Harga Saham Gabungan LQ45 Periode Tahun 2009-2013. Jurnal Nominal, 93-108.
Kinanti, D. A. (2018). Analisis Pengaruh Economic Value Added (EVA), Market Value Added (MVA) Dan Return On Investment (ROI) Terhadap Harga Saham. Indonesia Banking School.
Kurs Tengah Beberapa Mata Uang Asing Terhadap Rupiah. (n.d.). Retrieved from Badan Pusat Statistik: www.bps.go.id
Laporan Keuangan. (n.d.). Retrieved from Bursa Efek Indonesia: www.Idx.co.id
Mishkin, F. S. (2016). Ekonomi Uang, Perbankan Dan Pasar Keuangan. Jakarta: Salemba Empat.
Putri, Y. H. (2021). Market Value Added Sebagai Alat Pengukur Kinerja Perusahaan Dan Harga Saham . Juripol (Jurnal Institusi Politeknik Ganesha).
Rossy, T. N. (2018). Pengaruh Nilai Tukar (Kurs) Rupiah Dan Tingkat Inflasi Terhadap Harga Saham Pada Sub Sektor Perbankan Di Bursa Efek Indonesia (BEI). Jom Fisip.
Statistik. (n.d.). Retrieved from Bank Indonesia: www.bi.go.id
Sugiyono, P. D. (2016). Metode Penelitian Kuantitatif,
