Gema
Vol 27, No 49 (2015): GEMA, THN XXVII/49/Agustus 2014 - Januari 2015

The Effects of Return on Investment and Corporate Governance Mechanism of the Issuers Manufactur Stock Price In Indonesia Stock Exchange

Endang Masitoh Wahyuningsih, Rochmi Widayanti (Unknown)



Article Info

Publish Date
30 Jan 2015

Abstract

This study to examine the effect of corporate governance mechanisms are proxied by institutional ownership and combining with fundamentals such as return on investment (ROI). Given this research are expected to know which factors have an influence on the value of the stock price is proxied by cloce pricing. The sample used in this study is a manufacturing company, located in the Jakarta Stock Exchange and using purposive sampling method. The data analyzed are from the audited financial statements from 2010 to 2013 and obtained from the JSE, ICMD, BAPEPAM, UNS and Corner Exchange and other financial information from the internet. Meanwhile, to test the hypothesis used multiple linear regression test so as to know the effect of the independent variable (KpIn and ROI) on stock prices. The results of this study indicate that simultaneous ROI affect the companys stock price, while institutional ownership has no effect.The results of this study are expected to be used as information for investors and issuers of variable institusioanl ownership and fundamental information that can affect the stock price of a company, whereas for academic instructional materials to strengthen the capital market courses and financial management

Copyrights © 2015






Journal Info

Abbrev

GM

Publisher

Subject

Religion Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences

Description

Jurnal Ilmiah Gema diterbitkan dua kali setahun, pada bulan Februari dan Agustus, oleh Universitas Islam Batik Surakarta. Jurnal Gema bertujuan untuk mepublikasikan hasil penelitian Dosen maupun peneliti. Jurnal Ilmiah Gema menyambut baik makalah dengan tujuan dan ruang lingkup di atas. Redaksi ...