Jurnal Bisnis dan Akuntansi
Vol 19 No 1a-5 (2017): Jurnal Bisnis dan Akuntansi

PENGARUH RASIO KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN PUBLIK MANUFAKTUR

JULIA TRISCA (STIE Trisakti)
MUNGNIYATI MUNGNIYATI (STIE Trisakti)



Article Info

Publish Date
12 May 2018

Abstract

The purpose of this research is to obtain empirical evidence about the factor that effect the stock return among listed manufacturing companies in Indonesia Stock Exchanges. The factors are rate of return on sales, current ratio, asset turnover ratio, financial leverage, the proportion of profit margin before interest, tax and depreciation (EBITDM), working capital turnover, inventory turnover, the ratio of market value to book value of equity and earnings yield. Sample selection procedure carried out by implementing purposive sampling method. The samples of this research consist of 49 listed manufacturing company in Indonesia Stock Exchange during the period of 2011 – 2014. Hypothesis was tested used by multiple regression with SPSS program. The results of this research showed that rate of return on sales, asset turnover ratio, and earnings yield affected the stock return, while current ratio, financial leverage, the proportion of profit margin before interest, tax and depreciation (EBITDM), working capital turnover, inventory turnover, and the ratio of market value to book value of equity has no effect to stock return.

Copyrights © 2017






Journal Info

Abbrev

JBA

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Bisnis dan Akuntansi is biannual publication issued in the month of June and December. Jurnal Bisnis dan Akuntansi is a scientific journal which prioritizes the publication of articles (research and non-research based) regarding to business and accounting issues that deal with social issues ...