ANALYSYS THE INFLUENCE OF DEBT TO EQUITY RATIO, RETURN ON EQUITY, AND PRICE EARNING RATIO TO RETURN STOCK ON NON BANK COMPANY INCORPORATED IN LQ 45 2016 - 2018
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Published
Apr 21, 2022
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Abstract
This study seeks to learn some financial ratios that can be used as a prediction of short return on investment. The objects of research used in this research are companies that are members of LQ 45 during the 2016-2018 research period. The total sample of the study was 31 companies, which were determined by purposive sampling method. Hypothesis testing method using t test and f test. The result of this study indicate that partially the Debt to Equity Ratio has significant effect on Stock Returns in LQ 45 Non Bank Companies 2016-2018, Return On Equity has significant effect on Stock Returns in LQ 45 Non Bank Companies 2016-2018, Price Earning Ratio has no significant effect on Stocck Returns in LQ 45 Non Bank Companies 2016-2018.
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Virga Zedio, D., Salfadri, S., & Yuli Ayu Putri, S. (2022). ANALYSYS THE INFLUENCE OF DEBT TO EQUITY RATIO, RETURN ON EQUITY, AND PRICE EARNING RATIO TO RETURN STOCK ON NON BANK COMPANY INCORPORATED IN LQ 45 2016 - 2018. INTERNATIONAL CONFERENCE ON GLOBAL EDUCATION, 851-857. Retrieved from https://ejurnal.unespadang.ac.id/index.php/ICGE/article/view/168
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ECONOMICS, MANAGEMENT, AND ACCOUNTING (ICGE IX)
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[6] Arum Narwita Sari., 2020, Effect of EPS, ROE, DER, on Stock Returns with Dividend Policy as an Intervening Variable in Consumer Goods Industrial Companies Listed on the IDX. Thesis, Faculty of Economics: Universitas Sarjanawiyata Tamansiswa
[7] Baltagi, 2008, Econometrics, Verlag Berlin Heidelberg, Springer
[8] Budi Untung, 2011, Capital Market Business Law, ANDI, Yogyakarta
[9] Choirurodin., 2018, Effect of Current Ratio, Return On Equity, Debt To Equity Ratio on Stock Return. Thesis, Faculty of Economics: Yogyakarta State University
[10] Darsono and Ashari, 2010, Practical Guidelines for Understanding Financial Statements, Andi, Yogyakarta
[11] Eka Budi Yulianti., Suratno., 2015. The Effect of ROE, DER, PER, AG and Inflation on Stock Returns, Journal of Accounting and Taxation Research, 2(2),153-166
[12] Fadhilah Fitri., 2018, Effect of Total Asset Turnover, Current ratio, Debt To Equity Ratio and Return On Equity on Stock Return. Thesis, Faculty of Economics and Business: University of Muhammadiyah Surakarta
[13] Gian Ismoyo Kusuno., 2011, Analysis of the Effect of Financial Ratios on Stock Returns in Non-Bank Companies Lq 45. Thesis, Faculty of Economics and Business: Diponegoro University
[14] Ida Nuryana., 2013, The Effect of Financial Ratios on Stock Returns, Journal of Actual Accounting, 2(2), 57-66
[15] Imam Ghozali, 2011, Application of Multivariate Analysis with IBM SPSS19 Program, Publishing Agency, Faculty of Economics, Diponegoro University, Semarang
[16] Imam Ghozali, 2009, Application of Multivariate Analysis with SPSS Program, Fourth Edition, Diponegoro University Publisher
[17] Imam Ghozali, 2016, Application of Multivariate Analysis with SPSS Program, Diponegoro University Publishing Agency
[18] Irham Fahmi, 2017, Financial Performance Analysis, Alfabeta, Bandung
[19] Jogiyanto Hartono, 2013, Portfolio Theory and Investment Analysis, BPFE, Yogyakarta
[20] J. Supranto, 1992, Capital Market Statistics, PT Rineka Cipta, Jakarta
[21] Joni Manurung., Alder Haymans Manurung., 2009, Financial Economics and Monetary Policy, Jakarta: Salemba Empat
[22] Kasmir, 2017, Financial Statement Analysis, Jakarta: PT Rajagrafindo Persada
[23] Mamduh M hanafi., Abdul Halim., 2012, Financial Statement Analysis, STIM YKPN, Yogyakarta
[24] Martalena., Maya Malinda., 2011, Introduction to the Fashion Market, Yogyakarta: ANDI
[25] Mohammad Bella Seantikerana Dimitrich., 2016, Analysis of the Effect of Financial Performance on Stock Returns. Thesis, Faculty of Economics and Business: University of Muhammadiyah Surakarta
[26] Murdifin Haming., Salim Basalamah., 2010, Feasibility Study of Project and Business Investment, Jakarta: Bumi Aksara
[27] Ni Nyoman Sri Jayanti Perwani Devi and Luh Gede Sri Artini., 2019, Effect of ROE, DER, PER and Exchange Rate on Stock Returns, E-Jurnal of Management, 8(7)
[28] Puji Mawarni., 2020, The Influence of ROE, ZIZE, PER and DER on Stock Returns in the Food and Beverage Sub-Sector, Management Journal, 9(3)
[29] Rika Verawati., 2014, Determining Factors Affecting Stock Returns. Thesis, Faculty of Economics: Yogyakarta State University
[30] Sriyana, Jaka, 2014, Panel Data Regression Method, Yogyakarta: Econisia
[31] Selvi Andesta, 2016, The Effect of ROA, ROE, NPM and CR on Stocks, Journal of Finance, 2(2)
[32] Suherman Sodikin, 2016, Effect of Price Earning Ratio and Earning Per Share on Stock Return. Journal of Management Economics, 2(1), 18-25
[33] Sofyan Syafri Harahap, 2013, Critical Analysis of Financial Statements, Jakarta: PT Raja Grafindo Persada
[34] Sugiyono, 2017, Quantitative, Qualitative, and R&D Research Methods, Bandung: Alfabeta
[35] Werner R. Murhadi, 2013, Analysis of Financial Statements, Projections and Valuation of Stocks, Jakarta: Salemba Empat