Journal of Research and Publication Innovation
Vol 2 No 4 (2024): OCTOBER

PENGARUH EARNING PER SHARE, RETURN ON ASET DAN DEBT TO EQUITY RATIO TERHADAP RETURN SAHAM PADA PT BANK SINARMAS TBK PERIODE 2014-2023

Ayu Lowrensia Napitupulu (Unknown)
Dede Hendra (Unknown)



Article Info

Publish Date
01 Oct 2024

Abstract

This study aims to determine the impact of Earnings Per Share (EPS), Return On Assets (ROA), and Debt to Equity Ratio (DER) on stock returns at Bank Sinarmas Tbk for the period 2014-2023, both partially and simultaneously. The research employs a descriptive quantitative approach with primary and secondary data sources. Sampling is conducted using purposive sampling, resulting in a 10-year sample. Data analysis techniques include Multiple Regression Testing, Descriptive Statistical Testing, and Classical Assumption Testing, which covers Normality Test, Multicollinearity Test, Heteroscedasticity Test, and Run Test. Data analysis is performed using SPSS version 29. The partial t-test results reveal that EPS, ROA, and DER do not significantly affect stock returns, with significance values of 0.954, 1.795, and 1.479, respectively, all exceeding the 0.05 threshold. Simultaneously, EPS, ROA, and DER collectively do not significantly impact stock returns. The Determination Test results indicate an Adjusted R Square value of 0.392, suggesting that EPS, ROA, and DER explain 39.2% of the variation in stock returns, while the remaining 60.8% is influenced by other factors not examined in this study.

Copyrights © 2024






Journal Info

Abbrev

JORAPI

Publisher

Subject

Computer Science & IT Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Journal of Research and Publication Innovation is a multidisciplinary and scientific research journal that publishes research papers, review papers, case reports, case studies, book reviews, theses, dissertation works, etc. Published 4 times a year, every January, April, July and ...