Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 4, No 4 (2021): Budapest International Research and Critics Institute November

The Effect of Cash Flow, ROA, Rupiah Exchange Rate, Company Size, NPM, DER on Stock Returns in Textile and Garment Sub-Sector Manufacturing Companies Listed on the IDX for the 2018-2020 Period

Bayu Wulandari (Unknown)
Varins L C BR Manullang (Unknown)
Dery Anggreni Tarigan Tua (Unknown)
Intan Sari Sitanggang (Unknown)



Article Info

Publish Date
11 Dec 2021

Abstract

This study aims to test whether cash flow, return on assets, rupiah exchange rate, company size, net profit margin, and debt equity ratio have an effect on the company's stock return. This research was conducted on textile and garment sub-sector manufacturing companies for the period 2018 – 2020 with a research population of 21 (twenty one) companies listed on the Indonesia Stock Exchange. The sampling technique used in this research is purposive sampling and then obtained a sample of 10 (ten) companies. The data used are the financial reports of each sample company published on the www.idx.co.id website. The research method used is associative analysis method and multiple linear regression analysis method. The dependent variable is cash flow, return on assets, rupiah exchange rate, company size, net profit margin, and debt equity of ratio. The results showed that partially cash flow and return on assets had a significant effect on stock returns, while the rupiah exchange rate, company size, net profit margin, and debt equity of ratio had no significant effect on stock returns.

Copyrights © 2021






Journal Info

Abbrev

birci

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...