Al-Masraf: Jurnal Lembaga Keuangan dan Perbankan
Vol 6, No 2 (2021): Juli - Desember 2021

THE EFFECT OF RETURN ON EQUITY AND DEBT TO EQUITY RATIO ON EARNINGS PER SHARE IN REAL ESTATE COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE

EVA PURNAMASARI (Politeknik Negeri Semarang)
KURNIAWAN SURYATAMA (Universitas Pendidikan Indonesia)



Article Info

Publish Date
30 Dec 2021

Abstract

This study aims to determine if the profitability ratios represented by Return on Equity (ROE) and the solvency ratios defined by the Debt to Equity Ratio (DER) have an impact on Earnings per Share (EPS) for real estate companies listed on the Indonesia Stock Exchange securities in 2019-2021. The population in this study were all property and real estate sector companies listed on the Indonesia Stock Exchange (IDX). In contrast, the sample in this study was 49 companies selected using a purposive sampling technique. The analysis model used in this study is a multiple linear regression analysis models, and the analysis technique uses the partial significance test, f test, and coefficient of determination. The results showed that the debt-to-equity ratio does not significantly affect earnings per share. In comparison, the return on equity variable positively and significantly affects earnings per share.

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Journal Info

Abbrev

almasraf

Publisher

Subject

Economics, Econometrics & Finance

Description

The journal is published twice a year in June and December. Contains scientific articles in the form of research, analysis study, theoretical study and review of studies in the field of banks and financial institutions. Publishing this journal aims to increase the quantity and quality to spread ...