Analisa Likuiditas, Solvabilitas, Profitabilitas dan Economic Value Added terhadap Return Saham

Eva Listyarini (Student of Sarjanawiyata Tamansiswa University)
Sri Hermuningsih (Sarjanawiyata Tamansiswa University)
Gendro Wiyono (Sarjanawiyata Tamansiswa University)

SOSIOHUMANIORA: Jurnal Ilmiah Ilmu Sosial dan Humaniora
Vol 7 No 2 (2021): Agustus 2021

This study aims to reveal the effect of Liquidity, Solvency, Profitability and Economic Value Added to the Stock Return of Companies with Dividend Policy as a moderating variable. The study uses a quantitative approach, taking the data presented in the company's financial statements. The population is the companies listed on the LQ45 BEI in 2016-2019, and the purposive sampling method produces 28 companies to be observed. The results of smartPLS data analysis show that 1) Liquidity and EVA have a positive and insignificant effect on stock returns 2) Solvency and Dividend Policy have a positive and significant effect on stock returns 3) Profitability has a negative and insignificant effect on stock returns 4) Dividend policy unable to moderate liquidity, solvency, and profitability on stock returns 5) Dividend policy can moderate EVA on stock returns.