Jurnal Ilmiah Poli Bisnis
Vol 14 No 1 (2022): Volume 14 Nomor 1

Stock Return Pada Saham Anggota Indeks IDX80: Analisis Rasio Keuangan

Candy, Candy (Unknown)



Article Info

Publish Date
28 Apr 2022

Abstract

This study aims to analyze the effect of financial ratios, namely return on equity (ROE), return on assets (ROA), earning per share (EPS), current ratio (CR), dan debt to equity ratio (DER) on stock returns on member shares listed on index IDX80 during the period from 2015 to 2019. The sample in this study consisted of 80 companies using secondary data in the financial statements contained in IDX80. The data analysis method used is panel data regression. The results obtained in testing this hypothesis are that return on assets has a significant positive effect on stock returns, and the debt to equity ratio has a significant negative effect on stock returns. An increase in company profits will support an increase in dividend payments and make shares more attractive to investors, increasing stock prices. Conversely, if the company has a more significant proportion of debt, it will be a burden for the company in terms of fulfilling obligations, the costs incurred due to financing, and the potential for financial difficulties to reduce the rate of return on shares. The results also show that return on equity, earnings per share, and current ratio have no significant effect on stock returns.

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Journal Info

Abbrev

jipb

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Jurnal Polibisnis ini merupakan jurnal ilmiah yang diterbitkan oleh jurusan Administrasi Niaga Politeknik Negeri Padang dengan Nomor ISSN : 2656-1212 (media online) dan Nomor ISSN : 1858-3717 (media cetak). Terbit sebanyak dua kali dalam setahun (April dan Okober) dan dimaksudkan sebagai media ...