Jurnal Ekonomi
Vol. 12 No. 3 (2023): Jurnal Ekonomi, 2023, September

THE EFFECT OF PROFITABILITY, LEVERAGE AND ACTIVITY ON STOCK RETURNS IN BANKING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE

Safena Kurnia Syahputri (Universitas Stikubank Semarang)
Sunarto Sunarto (Universitas Stikubank Semarang)



Article Info

Publish Date
19 Jul 2023

Abstract

This study aims to examine the effect of profitability, leverage, and activity on stock returns through annual financial reports that have been prepared by banking companies listed on the Indonesia Stock Exchange. While the dependent variable is stock returns. The sample in this study was obtained using a purposive sampling method for banking companies listed on the Indonesia Stock Exchange (IDX) during the 2015-2021 period, and 42 banking companies with 200 observations. The analytical method used is multiple regression analysis with the SPSS (Staticical Product and Service Solutions) application tool. The results showed that profitability has a positive effect on stock returns, while leverage and activity have no effect on stock returns.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...