Article Per Year (5 Year)
p-Index From 2021 - 2026
0
P-Index
This Author published in this journals
All Journal iBuss Management
James Andi Wijaya, James Andi
Unknown Affiliation
Decision Sciences, Operations Research & Management

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

Found 1 Documents
Search

 1 
The Effect of Financial Ratios toward Stock Returns among Indonesian Manufacturing Companies Wijaya, James Andi
iBuss Management Vol 3, No 2 (2015): iBuss Management
Publisher : iBuss Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (78.005 KB)

Abstract

Indonesian Composite Index (ICI) is the top gainer among major Asia-Pacific indices during 2008-2013. Inside the composite index, manufacturing index showed a stronger growth compared to the composite index.  Thus, this study  analyzes the influence of financial ratios toward stock returns in Indonesian manufacturing companies.  The data in this research are obtained using judgmental sampling method  consisting of 100 samples from  20 major listed Indonesian manufacturing companies during 2008-2013. Furthermore, the data were analyzed by using multiple linear regression analysis. The results showed that return on assets, debt to equity, dividend yield, earnings yield, and book to market simultaneously have a significant effect on stock returns. Partially, return on assets, dividend yield, earnings yield, and book to market have significant effects on stock returns. However, debt-to-equity ratio does not have partial significant effect  on stock returns.  Keywords: Financial Ratio, Stock Return, Profitability Ratio, Debt Ratio, Market Ratio.
Co-Authors