Jurnal Ekonomi
Vol. 13 No. 02 (2024): Jurnal Ekonomi, Edition April - June 2024

Effect Of Return On Equity, Earning Per Share, Debt To Equity Ratio On Stock Return

Rambe, Nadiva Aura Innaya (Unknown)
Imam Muarif (Unknown)
Mangasi Sinurat (Unknown)
Willy Cahyadi (Unknown)



Article Info

Publish Date
30 Jun 2024

Abstract

There are fluctuations in stock returns in transportation and logistics subsector companies listed on the Indonesia Stock Exchange (IDX) during the 2019-2022 period. This study aims to examine the effect of Return on Equity (ROE), Earning Per Share (EPS), and Debt to Equity Ratio (DER) on the stock returns of transportation and logistics companies listed on the IDX for the 2019-2022 period. This study uses secondary data obtained from the IDX's official website and the company's financial statements. The research sample was selected using the purposive sampling technique, resulting in 13 companies as a sample. Data analysis was performed by panel data regression using EViews 10 software. The results show that ROE, EPS, and DER do not have a significant influence on stock returns, either partially or simultaneously. Financial performance measured through ROE, EPS, and DER did not affect the return on shares of transportation and logistics companies listed on the IDX in the study period. There are other factors that also affect such as macroeconomics and political risks that have a greater effect on the performance of stocks in this subsector.

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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 ...