SMBJ: Strategic Management Business Journal
Vol. 1 No. 01 (2021): Ed.01

THE EFFECT OF CURRENT RATIO, RETURN ON EQUITY, AND DEBT TO EQUITY RATIO ON STOCK RETURNS ON THE INDONESIA STOCK EXCHANGE

Maria Cendiviani Ojo (STIE SBI Yogyakarta)
Redy Herinanto Albertus (STIE SBI Yogyakarta)



Article Info

Publish Date
30 Jun 2021

Abstract

This research examined the effect of the Current Ratio, Return on Equity, and Debt to Equity Ratio on Stock Returns in Kompas 100 Companies Listed on the Indonesia Stock Exchange in the 2015-2019 period. The sampling technique used in this study was purposive sampling. The samples obtained were 30 companies from 100 companies. The type of data used in this research is secondary data, and the method of analysis uses multiple linear regression analysis. Based on the data analysis done, the variable Return on Equity has a positive and significant effect on stock returns. The Current Ratio has a negative and insignificant effect on stock returns, and the Debt to Equity Ratio has a negative and insignificant effect on stock returns. The current ratio, return on equity, and debt to equity ratio simultaneously does not affect stock returns.

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Journal Info

Abbrev

smbj

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Jurnal Strategis Bisnis Manajemen (SMBJ) menerbitkan penelitian yang menyelidiki strategi bisnis organisasi dalam mengelola kinerja karyawan di tempat kerja untuk meningkatkan kinerja organisasi dengan menawarkan berbagai informasi penelitian tentang perilaku kerja. Jurnal ini didedikasikan untuk ...