Afrizal Maulana Erzad
Politeknik Negeri Semarang, Jawa Tengah, Indonesia

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

The Effect of Financial Ratios Toward Sharia Stock Return In Jakarta Islamic Index (JII) Azizah Maulina Erzad; Afrizal Maulana Erzad
QIJIS Vol 5, No 1 (2017)
Publisher : IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/qijis.v5i1.3858

Abstract

This research aimed to analyze the significance effect of financial ratios toward sharia stock return on companies listed in Jakarta Islamic Index (JII) either simultaneously or partially. Sample in this study is 12 (twelve) companies listed in Jakarta Islamic Index (JII) period of 2011-2015. The analysis model in this study using multiple linear regression analysis model and analysis techniques to test the hypothesis using the F test, t test, and R2 test. The results of testing hypothesis and discussion is Return On Asset (ROA), Debt To Equity Ratio (DER), and Earning Per Share (EPS) simultaneously have significant effect toward sharia stock return. Earning Per Share (EPS) partially have positive and no significant effect toward sharia stock return, Return On Asset (ROA) partially have positive and significant effect toward sharia stock return, and Debt To Equity Ratio (DER) partially have negative and significant effect toward sharia stock return.