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Journal : e-Jurnal Apresiasi Ekonomi

SISI GELAP DARI RETURN SAHAM DI PASAR MODAL INDONESIA: LIKUIDITAS, DAN RISIKO SISTEMATIS Laynita Sari; Rio Nardo
Jurnal Apresiasi Ekonomi Vol 10, No 1 (2022)
Publisher : Institut Teknologi dan Ilmu Sosial Khatulistiwa

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (262.304 KB) | DOI: 10.31846/jae.v10i1.401

Abstract

The COVID-19 outbreak has had a serious impact on investment activities in Indonesia. One of the aspects of concern in the midst of the coronavirus outbreak is the decrease in investor interest in capital market activities in Indonesia. Therefore, it can be predicted that there is a potential decrease in the level of profit (return) that will be received by shareholders. The purpose of this study is to investigate the influence of liquidity and systematic risks on returns. The analysis tool used to test the influence between panel variables is the analysis of panel data regression. The findings of this study are that liquidation has no significant effect on the return of company shares. In addition, the second finding proves that systematic risk has a positive and significant effect on the return of the company's shares. Our findings are reinforced by the results of robustness test statistically, which confirms that companies that have a high beta value, then the return of the company's shares will tend to be high.
PERISTIWA EKTREM DARI PROFITABILITAS, LEVERAGE, DAN IMPLIKASINYA TERHADAP RETURN SAHAM Rio Nardo; Laynita Sari
Jurnal Apresiasi Ekonomi Vol 9, No 3 (2021)
Publisher : Institut Teknologi dan Ilmu Sosial Khatulistiwa

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (251.556 KB) | DOI: 10.31846/jae.v9i3.400

Abstract

The economic crisis caused by the COVID-19 pandemic is more severe than the 1998 crisis. A very serious threat is the decline in the value of the investment in Indonesia. This decrease will have a direct impact on the company's financial performance and indirectly also result in the distribution of financial levels (returns) to shareholders. This research aims to test the effect of profitability and leverage on stock returns. The estimation method used in this study is the regression of panel data. The results showed that profitability has a positive and significant effect on the return of shares in companies listed on the Indonesia Stock Exchange. However, empirically there was no leverage influence on the return stock