Fenomena Saham Tidur dan Kinerjanya

Penulis

  • Erpina Desy Desy Sihombing Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana
  • Supramono Supramono Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana

DOI:

https://doi.org/10.24914/jeb.v17i2.271

Kata Kunci:

sleeping stock, company performance, market capitalization, financial ratio

Abstrak

Sleeping stocks are the stocks that are not actively traded in a certain period. The aim of this is to analyze performance of the companies whose stocks are “sleeping” in Indonesia Stock Exchange. Employing purposive sampling technique, 66 stocks were selected. The analysis of the companies’ performance was done by using market capitalization and the financial ratios that consist of return on asset ratio, return on equity and earnings per share, during 2010-2012. The result of this study showed companies with small capitalization and poor perfomance tend to have sleeping stocks.

Unduhan

Data unduhan belum tersedia.

Referensi

Afiff, S., dan S. P. D. Anantadjaya. 2013. CSR dan peformance: Any evidence from Indonesian LQ45. Review of Integrative Bussiness and Economics Research. Vol. 2.

Basir, S., dan H. Fakhrudin. 2005. Aksi Korporasi (Stretegi Untuk Meningkatkan Nilai Saham Melalui Aksi Korposasi). Jakarta: Salemba Empat.

Bhunia, A., S. S. Mukhuti, dan S. G. Roy. 2011. Financial performance analysis-A case study. Research Journal of Social Sciences. Vol.3 No.3: 269-275.

Detik Finance. 2013. Bagaimana caranya 'membangunkan' saham tidur? Available at http://finance.detik.com/read.

Easley, D., N. Kiefer, M. O’Hara, dan J. Paperman. 1996. Liquidity, information and infrequently traded stocks. Journal of Finance. Vol.51: 1405–1436.

Fang, V. W., T. H. Noe, dan S. Tice. 2009. Stock market liquidity and firm value. Journal of Financial Economics. Vol.94: 150–169.

Gitman, L. J., dan C. J. Zulter. 2012. Principles of Managerial Finance. Thirteenth Edition. England: Pearson.

Hansen, S., dan K. S. Suk. 2013. Influence of stock liquidity to firm value in indonesian stock market. The 2013 IBEA International Conference on Business, Economics, and Accounting. 20 – 23 March 2013 Bangkok-Thailand.

Indonesia Stock Exchange (Bursa Efek Indonesia). Laporan keuangan dan tahunan. Available at http://www.idx.co.id. Investor Daily Indonesia. 2011. Saham tidur belum cerminkan kinerja buruk. Available at http://www.investor.co.id. Ipot News. 2011. Aksi buru saham dorong penguatan. Available at http://www.ipotnews.com.

Kallapur, S., dan M. K. Trombley. 2001. The investment opportunity set: Determinants, consequences and measurement. Managerial Finance. Vol.27 No.3: 3–15.

Nofsinger, J. R. 2005. The Psychology of Investing. New Jersey: Prentice Hall. Pakar Investasi. 2013. Saham kok bisa tidur? Available at http://pakarinvestasi.com.

Puspitasari, N. 2012. Kinerja financial dan kesempatan investasi perusahaan bertumbuh dan tidak bertumbuh. Bisma Jurnal Bisnis dan Manajemen. Vol.6 No.1: 13–33.

Salim, J. 2010. 30 Strategi Cerdas Investasi Saham Paling Menguntungkan. Jakarta: Elex Media Komputindo.

Setyawan, I. R., dan R. Syaftina. 2013. Assessing financial performance of issuer LQ 45 in the IDX at period 2002-2006. Available at http:/ssrn.com.

Horne, J. C. V., dan J. M. Wachowicz. 2013. Prinsip-Prinsip Manajemen Keuangan. Edisi 13, Buku 1. Jakarta: Salemba Empat.

Wira, V. 2012. Pengaruh kinerja perusahaan terhadap likuiditas saham menggunakan tranding turnover (Studi kasus perusahaan yang terdaftar di bursa efek indonesia). Jurnal Manajemen dan Kewirausahaan. Vol.3 No.2 (Mei): 2086 – 5031.

Diterbitkan

2016-06-18

Cara Mengutip

Sihombing, E. D. D., & Supramono, S. (2016). Fenomena Saham Tidur dan Kinerjanya. Jurnal Ekonomi Dan Bisnis, 17(2), 71–80. https://doi.org/10.24914/jeb.v17i2.271

Terbitan

Bagian

Articles