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Journal : keunis

TRIGGER OF STOCK RETURN RATE IN MANUFACTURING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE Dewi, Mertyani Sari; Ferayani, Made Dwi
KEUNIS Vol. 10 No. 2 (2022): JULY 2022
Publisher : Finance and Banking Program, Accounting Department, Politeknik Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (525.02 KB) | DOI: 10.32497/keunis.v10i2.3492

Abstract

Return is the goal of investors to invest in the capital market. Investors do various ways in order to get the desired return, by doing their own analysis of the movement of the company's stock performance or by using analytical tools in the form of financial statements. The purpose of this study is to analyze the effect of Return On Assets, Return On Equity, and Price to Book Value on Stock Returns in food and beverage manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2021 period. This research was conducted using a quantitative documentation method. This study uses 520 financial statements per quarter from 26 companies for 5 years as a population. By using purposive sampling method, a sample of 240 financial statements per quarter from 12 companies was obtained. The hypothesis testing method uses the F test, t test, and multiple linear regression analysis. The results of the study state that partially ROA, ROE, and PBV have a positive and significant effect on stock returns. And simultaneously ROA, ROE, and PBV have a positive and significant effect on stock returns with a coefficient of determination of 17%.
Co-Authors Agung Maesa Ardanari, I Gusti Ayu Ak. S.E. Desak Nyoman Sri Werastuti . Anak Agung Ayu Restitiati Ari Surya Darmawan Ayu Trisnadewi, Ni Kadek Danuarta, Kadek Desak Nyoman Sri Werastuti, S.E., Ak. . Desak Putu Ayu Purma Dewi Erik Trisnawati, Ni Luh De Gede Widiadnyana Pasek Gusti Putu Eka Kusuma I Gusti Made Oka Astana I Ketut Suardika I Ketut Suardika I Putu Agus Adnyana I Putu Agus Adnyana ., I Putu Agus Adnyana Kadek Dena Krisnantara Kadek Dena Krisnantara KADEK DIAN AYUNING SARI Kadek Dian Jatiwardani Kadek Doddy Purna Hendrawan Kadek Doddy Purna Hendrawan Kadek Prita Ary Astini Kadek Sutawan Kadek Yuliastuti Kartika, Riana Dewi Kasih, Ni Luh Sri KETUT SEPSI KASTIANI Ketut Wira Widhiyardani Khrisna, Gede Bagus Anjas Marga Kirana, Putu Widya Bunga Komang Sugiantari Komang Trisna Sari Dewi Komang Trisna Sari Dewi ., Komang Trisna Sari Dewi Luh Luji Purnami Made Dwi Ferayani . Ngurah Tedi Saniartha Ngurah Tedi Saniartha Ni Ketut Cantika Paraswani Ni Luh Eka Ayu Permoni Ni Luh Eka Ayu Permoni Ni Luh Nurkariani Ni Made Rianita Ni Putu Ari Aryawati NI PUTU SONIA MELLYA UTAMI Ni Wayan Risna Swardani Nuryani, Ni Nyoman Juli Nyoman Angga Pradipa Nyoman Sulasmi Nyoman Sulasmi Paraswani, Ni Ketut Cantika Pasek, Gede Widiadnyana Permoni, Ni Luh Eka Ayu Praningtyas, Desak Kadek Widhya Prayoga, I Putu Duta Putu Eka Nopiyani . Putu Esa Naranata Dewi Ratih, Komang Ayu Maryuni Seri Naraswari, Dewa Ayu Sri Ayuni, Ni Made Sri Kasih, Ni Luh Supriani, Kadek Ayu Suryajati, I Gusti Ayu Eka Wedayanti, Kadek Ary