Jurnal Manajemen
Vol 6 No 2 (2017): Mei

PENGARUH RETURN ON EQUITY (ROE), DEBT TO EQUITY RATIO (DER) DAN CURRENT RATIO (CR) TERHADAP RETURN SAHAM PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2011 – 2015

Martha Ayerza Esra (Institut Bisnis dan Informatika Kwik Kian Gie)



Article Info

Publish Date
16 Oct 2018

Abstract

This research aims to determine the influence of return on equity (ROE), debt to equity ratio (DER) and current ratio (CRO) on stock return in banking companies that are listed in the Indonesia stock exchange period 2011 – 2015. The presence of gap phenomenon that the author found makes the author interested in conducting this research. The theories that associated with stock returns are the efficient market hypothesis and signaling theory. Analysis methods that used by the author in this study are testing the descriptive statistics using SPSS 23, the model test, hypothesis testing and analysis of multiple linear regression are using WarpPLS 5.0 program. As for the design of the existing research in this study are as follows: a formal study is based on the level of problem formulation, monitoring is based on the method of data collection, ex post facto research is based on the control of researcher over the variables, descriptive study is based on the purpose of study, cross-sectional and longitudinal are based on the dimensions of time, statistical study is based on the scope of the topic, and field research (field conditions) is based on the research environment. The results of this study show that the ROE has a negative significant effect on stock returns in banking companies, DER has a positive effect but not significant on stock returns in banking companies, CRO has a negative effect but not significant on stock returns in banking companies.Keywords ; Return on Equity (ROE), Debt to Equity Ratio (DER), Current Ratio (CR), Stock Return.

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Journal Info

Abbrev

JM

Publisher

Subject

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

Description

Jurnal Manajemen mempunyai misi untuk mendorong pengembangan praktik dan teori manajemen di Indonesia melalui penyebarluasan temuan-temuan hasil riset dibidang sains dan kasus manajemen, terdiri dari bidang sumber daya manusia, pemasaran, strategik, keuangan, dan ...