DAFTAR ISI

Halaman

LEMBAR PENGESAHAAN............................................................................i

LEMBAR PERNYATAAN................................................................................ii

ABSTRAK..........................................................................................................iii

ABSTRACT...........................................................................................................iv

MOTTO..............................................................................................................v

KATA PENGANTAR.........................................................................................vi

DAFTAR ISI.......................................................................................................x

DAFTAR GAMBAR..........................................................................................xiv

DAFTAR TABEL...............................................................................................xv

DAFTAR LAMPIRAN.....................................................................................xv

BAB I PENDAHULUAN

1.1 Latar Belakang Penelitian..............................................................................1

1.2 Identifikasi Masalah.......................................................................................7

1.3 Maksud dan Tujuan Penelitian.......................................................................8

1.3.1 Maksud Penelitian.................................................................................8

1.3.2 Tujuan Penelitian..................................................................................8

1.4 Kegunaan Penelitian .....................................................................................8

1.4.1 Kegunaan Operasional..........................................................................8

1.4.2 Kegunaan Pengembangan Ilmu............................................................9

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1.5 Lokasi Penelitian dan Jadwal Penelitian........................................................9

1.5.1 Lokasi Penelitian...................................................................................9

1.5.2 Jadwal Penelitian.................................................................................10

BAB II KAJIAN PUSTAKA, KERANGKA PEMIKIRAN

DAN HIPOTESIS PENELITIAN

2.1 Kajian Pustaka...............................................................................................12

2.1.1 Laporan Keuangan................................................................................12

2.1.1.1 Definisi Laporan Keuangan......................................................12

2.1.1.2 Tujuan dan Manfaat Laporan Keuangan...................................13

2.1.1.3 Analisis Laporan Keuangan.....................................................14

2.1.1.4 Jenis – Jenis Analisis Laporan Keuangan.................................15

2.1.1.5 Analisis Profitabilitas................................................................16

2.1.1.6 Pengertian Return On Investment (ROI)...................................19

2.1.1.7 Alasan Menggunakan Return On Investment (ROI).................21

2.1.1.8 Kegunaan Return On Investment (ROI)....................................22

2.1.2 Investasi................................................................................................23

2.1.2.1 Pengertian Investasi..................................................................23

2.1.2.2 Tujuan Investasi........................................................................24

2.1.2.3 Dasar Keputusan Investasi........................................................25

2.1.2.4 Proses Keputusan Investasi.......................................................26

2.1.3 Saham...................................................................................................27

2.1.3.1 Definisi Saham.........................................................................27

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 2.1.3.2 Jenis-jenis saham.....................................................................28

2.1.3.3 Definisi Harga Saham..............................................................29

2.1.3.4 Harga Pasar Saham..................................................................31

2.1.3.4 Penilaian Harga Saham............................................................31

2.1.3.4 Faktor yang Mempengaruhi Harga Saham...............................33

2.1.4 Hubungan Profitabilitas (ROI) dan Harga Saham................................35

2.2 Kerangka Pemikiran......................................................................................35

2.3 Hipotesis Penelitian.........................................................................................43

BAB III OBJEK DAN METODE PENELITIAN

3.1 Objek Penelitian.............................................................................................44

3.2 Metode Penelitian..........................................................................................44

3.2.1 Desain Penelitian..................................................................................45

3.2.2 Operasionalisasi Variabel......................................................................47

3.2.3 Metode Populasi dan Sampel................................................................48

3.2.4 Teknik Pengumpulan Data....................................................................50

3.2.5 Metode Analisis dan Pengujian Hipotesis.............................................52

BAB IV HASIL PENELITIAN DAN PEMBAHASAN

4.1 Hasil Penelitian..............................................................................................60

4.1.1 Gambaran Umum Perusahaan PT Ultrajaya Milk Industry

and Trading Company, Tbk................................................................60

4.1.1.1 Sejarah Singkat Perusahaan...................................................61

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 4.1.1.2 Strukur Organisasi dan Uraian Jabatan PT Ultrajaya

Milk Industry and Trading Company, Tbk...........................65

4.1.1.3 Aktivitas Perusahaan.............................................................73

4.1.2 Profitabilitas (ROI) Pada PT Ultrajaya Milk Industry

and Trading Company, Tbk................................................................74

4.1.3 Harga Saham PT Ultrajaya Milk Industry and Trading

Company, Tbk....................................................................................80

4.2 Pembahasan Penelitian..................................................................................83

4.2.1 Analisis Profitabilitas (ROI) pada PT Ultrajaya

Milk Industry and Trading Company, Tbk.........................................83

4.2.2 Analisis Harga Saham Perusahaan Pada PT Ultrajaya

Milk Industry and Trading Company, Tbk.........................................89

4.2.3 Analisis Profitabilitas (ROI) Terhadap Harga Saham

Perusahaan Pada PT Ultrajaya Milk Industry and

Trading Company, Tbk......................................................................93

BAB V KESIMPULAN DAN SARAN

5.1 Kesimpulan..........................................................................................108

5.2 Saran....................................................................................................110

DAFTAR PUSTAKA.........................................................................................112

LAMPIRAN-LAMPIRAN................................................................................114

DAFTAR RIWAYAT HIDUP

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 DAFTAR GAMBAR

Halaman

Gambar 2.1 Kerangka Pemikiran .........................................................................42

Gambar 3.1 Desain Penelitian................................................................................46

Gambar 3.2 Uji Dua Pihak Daerah Penerimaan dan Penolakan Hipotesis............59

Gambar 4.1 Perkembangan Retrun On Investment (ROI).....................................82

Gambar 4.2 Perkembangan Harga Saham.............................................................92

Gambar 4.3 Profitabilitas (ROI) dengan Harga Saham PT. Ultrajaya

Milk Industry and Trading Company,Tbk Tahun 1998-2006.............95

Gambar 4.4 Kurva t Tabel....................................................................................105

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 DAFTAR TABEL

Halaman

Tabel 1.1Perkembangan Return On Investment (ROI) dan Harga Saham

PT UltraJaya Milk Industry and Trading Company, Tbk

periode 1998 - 2006 ...........................................................................6

Tabel 1.2Jadwal dan Waktu Pelaksanaan Kegiatan Penelitian..............................11

Tabel 3.1 Operasional Variabel.........................................................................48

Tabel 3.2 Interpretasi dan Nilai Korelasi..........................................................56

Tabel 4.1 Produk- produk Di Produksi dan/atau Di Perdagangkan Perseroan

PT Ultrajaya Milk Industry and Trading Company, Tbk..................74

Tabel 4.2 Perkembangan Net Income dan Total Asset Tahun 1998 – 2006......76

Tabel 4.3 Tingkat Return On Investment (ROI) Tahun 1998-2006...................77

Tabel 4.4 Perkembangan Harga Saham Penutupan..........................................82

Tabel 4.5 Harga Saham Penutupan 1999-2006.................................................82

Tabel 4.6 Perkembangan Return On Investment (ROI) Tahun 1998-2006.......84

Tabel 4.7Perkembangan Harga Saham Tahun 1998-2006.....................................89

Tabel 4.8 Profitabilitas (ROI) dan Harga Saham PT Ultrajaya Milk Industry

and Trading Company, Tbk Thaun 1998-2006.................................94

Tabel 4.9Analisis Return On Investment (ROI) Terhadap Harga Saham..............96

Tabel 4.10 Tabel Statistik SPSS Coefisients.......................................................98

Tabel 4.11 Tabel Statistik SPSS Corelations....................................................100

Tabel 4.12 Tabel Statistik Koefisien Determinasi............................................102

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 DAFTAR LAMPIRAN

Halaman

Lampiran 1 Struktur Organisasi ........................................................................114

Lampiran 1.1 Struktur Organisasi

PT UltraJaya Milk Industry and Trading Company, Tbk...............115

Lampiran 2 Laporan Keuangan (Neraca) tahun 1998-2006..............................116

Lampiran 2.1 Neraca tahun 1998-1999................................................................117

Lampiran 2.2 Neraca tahun 2000-2001................................................................118

Lampiran 2.3 Neraca tahun 2001-2002................................................................119

Lampiran 2.4 Neraca tahun 2003-2004...............................................................120

Lampiran 2.5 Neraca tahun 2004-2005...............................................................121

Lampiran 2.6 Neraca tahun 2005-2006...............................................................122

Lampiran 3 Laporan Keuangan Laba/Rugi tahun 1998-2006..........................123

Lampiran 3.1 Laba/Rugi tahun 1998-1999..........................................................124

Lampiran 3.2 Laba/Rugi tahun 2000-2001..........................................................125

Lampiran 3.3 Laba/Rugi tahun 2001-2002..........................................................126

Lampiran 3.4 Laba/Rugi tahun 2003-2004..........................................................127

Lampiran 3.5 Laba/Rugi tahun 2004-2005..........................................................128

Lampiran 3.6 Laba/Rugi tahun 2005-2006..........................................................129

Lampiran 4 Laporan Harga Saham tahun 1999-2007.......................................130

Lampiran 4.1 Harga Saham tahun 1999-2007.....................................................131

Lampiran 4.2 Tabel Nilai-Nilai Distribusi t........................................................135

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Lampiran 5 Surat Permohonan.........................................................................136

Lampiran 5.1 Permohonan mengadakan penelitian/pengumpulan data..............137

Lampiran 5.2 Penelitian PT.Ultrajaya

Milk Industry & Trading Company,Tbk........................................138

Lampiran 5.3 Surat Keterangan Survey CMC YPKP.........................................139

Lampiran 6 Kartu Bimbingan dan Revisi.........................................................140

Lampiran 6.1 Revisi Proposal Usulan Penelitian................................................141

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