PENGARUH KINERJA KEUANGAN DAN UKURAN PERUSAHAAN TERHADAP RETURN SAHAM
Abstract
This study aims to examine the effect of profitability, leverage and firm size on stock return. The difference in results from previous studies motivates the authors to reexamine the effect of profitability, leverage and firm size on stock return. The theory that underlies this research is signaling theory and fundamental analysis. The population in this study are companies listed on index LQ45 the Indonesia Stock Exchange (IDX) for the period 2016-2020. Through purposive sampling technique with certain criteria obtained 210 sample companies for five years of observation. Data analysis in this study using multiple regression. The result of the study concluded that profitability and leverage had a positive effect on the stock return. In addition, leverage has no effect on the stock return. The research is expected to provide theoretical contribution for financial accounting research and practical contribution for the companies and investors.
Keywords
References
Abrar, S., Ahmadsyah, I., & Iskandar, E. (2018). ANALISIS PENGARUH RASIO AKTIVITAS, RASIO PROFITABILITAS, RASIO LIKUIDITAS, DAN LEVERAGE TERHADAP RETURN SAHAM PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI
JAKARTA ISLAMIC INDEX PERIODEX (1(2) ed.).
Aisah, A., & Mandala, K. (2016). Pengaruh Return on Equity, Earning Per Share, Firm Size Dan Operating Cash Flow
Terhadap Return Saham. (5(11) ed.). E-Jurnal Manajemen Universitas Udayana.
Amna, L.S. (2020). PENGARUH ECONOMIC VALUE ADDED (EVA) DAN MARKET VALUE ADDED (MVA) TERHADAP RETURN SAHAM (11(1) ed.).
Luke.
Analisa, Y. (2011). Pengaruh Ukuran Perusahaan, Leverage, Profitabilitas Dan Kebijakan Dividen Terhadap Nilai Perusahaan (studi pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia). (2nd ed.). Fakultas Ekonomi Universitas Diponegoro.
Andansari, R., & Andini. (2016).
Pengaruh Return On Equity (ROE), Price Earning Ratio (PER), Total Asset Turn OVER (TATO) dan Price To Book Value (PBV) Terhadap Return Saham (Studi Kasus Pada Perusahaan Manufaktur Sektor Makanan
Dan Minuman Yang Terdaftar Di BEI Periode 2008-2014) (2(2) ed.). Journal Of Accounting.
https://jurnal.unpand.ac.id/index.php/AKS/article/view/469 Brigham, E.F., & Houston. (2006).
Dasar-dasar Manajemen Keuangan (Edisi 10 ed.).
Budialim, G. (2013). PENGARUH KINERJA KEUANGAN DAN
RISIKO TERHADAP RETURN SAHAM PERUSAHAAN SEKTOR CONSUMER GOODS DI BURSA EFEK INDONESIA PERIODE 2007-2011. (2(1)
ed.). Jurnal Ilmiah Mahasiswa Universitas Surabaya,.
Fahmi, K., & Putra, A. (2019).
Pengaruh Profitabilitas dan Rasio leverage terhadap Return Saham pada Perusahaan BUMN YANG TERDAFTAR DI INDEKS LQ45. (4(3) ed.).
Ghozali, I. (2016). Aplikasi Analisis Multivariate dengan Program SPSS (Edisi Ketu). Badan Penerbit Universitas Diponegoro.
Handayani, M., & Harris, I. (2019). ANALYSIS OF EFFECT OF DEBT TO EQUITY RATIO (DER), RETURN ON ASSET (ROA), RETURN ON EQUITY (ROE), AND NET PROFIT MARGIN (NPM) ON STOCK RETURN (CASE STUDY ON CONSUMER GOODS COMPANIES IN INDONESIA STOCK EXCHANGE) (7(3) ed.).
Procuratio: Jurnal Ilmiah Manajemen,.
Harahap, S.S. (2010). Analitis Kritis Atas laporan Keuangan.
Rajawali Persada.
Hartono, J. (2003). Teori Portofolio dan Analisis Investasi (Edisi Ketiga. Cetakan Pertama. ed.).
Hasibuan, V., AR, M., & NP, N. (2016). PENGARUH LEVERAGE DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN (Studi
pada Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2012-2015). (39(1) ed.).
Jurnal Administrasi Bisnis S1 Universitas Brawijaya,.
Jogiyanto, H. (n.d.). Teori Portofolio dan Analisis Investasi (8th ed.). BPFE.
Kanter, A.B., & Siagian, J. (2017). Pengaruh Kinerja Keuangan terhadap Return Saham (2(2) ed.). Fundamental Management Journal,.
Kasmir. (2015). Analisis Laporan Keuangan. Rajawali Persada.
Refbacks
- There are currently no refbacks.
Indexed by :
Alamat Redaksi Media Riset Akuntansi
Kampus Universitas Bakrie
Jl. H.R. Rasuna Said Kav C-22, Kuningan – Jakarta Selatan 12920 | Tlp: +6221-5261448, +6221-5263182 Fax: +6221-5263191, +6221-5276543
email: [email protected], website: http://jurnal.bakrie.ac.id/index.php/journal_MRA/index