Analisis Relevansi Nilai Informasi Akuntansi dan Porsi Kepemilikan Non Publik dalam Pengambilan Keputusan Investasi

Analysis of The Value Relevance of Accounting Information and Non Public Ownership in Investment Decision Making

Tujuan dari penelitian ini adalah untuk menganalisis pengaruh relevansi nilai informasi akuntansi yang meliputi Return on Assets (ROA), Return on Equity (ROE), Earning per Share (EPS), dan Kepemilikan non Publik (KNP) dalam pengambilan keputusan investasi. Metode penelitian yang digunakan ialah metode kuantitatif dengan menggunakan sampel pada 15 perusahaan di sektor industri pertanian. Penelitian ini menggunakan teknik regresi linier berganda sebagai uji hipotesis. Hasil penelitian menunjukan bahwa ROA, EPS dan Kepemilikan Non Publik terbukti berpengaruh terhadap naik turunnya harga saham, sedangkan ROE terbukti tidak berpengaruh terhadap harga saham. Implikasi dari temuan ini ialah pentingnya melihat besaran porsi KNP dan mempertimbangkan relevansi nilai informasi akuntansi berupa ROA dan EPS dengan tetap memperhatikan risiko yang terkait pada nilai ROE dalam proses pengambilan keputusan investasi.

Kata Kunci: Relevansi Nilai Informasi Akuntansi, Return On Assets (ROA), Return On Equity (ROE), Earning Per Share (EPS), Kepemilikan Non Publik, dan Keputusan Investasi

The purpose of this research is to analyze the effect of the relevance of the value of accounting information which includes Return on Assets (ROA), Return on Equity (ROE), Earning per Share (EPS), and Non-Public Ownership (KNP) in making investment decisions. The research method used is quantitative method with 15 companies in the agriculture industry sector as the sample. This research uses multiple linear regression techniques as hypothesis testing. The results of the research show that ROA, EPS and Non-Public Ownership are proven to have an effect on the fluctuation of stock prices, while ROE is proven to have no effect on stock prices. The implication of this research is the importance of looking at the size of the KNP and the relevant value of accounting information in the forms of ROA and EPS while still considering the risks associated with the value of ROE in the investment decision-making process.

Keywords: Value Relevance of Accounting Information, Return On Assets (ROA), Return On Equity (ROE), Earning Per Share (EPS), Non-Public Ownership, and Investment Decision.