PENGARUH DEBT TO EQUITY RATIO, PRICE BOOK VALUE, PRICE EARNING RATIO, DAN RETURN ON ASSET TERHADAP RETURN SAHAM PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Authors

  • Putri Ayu Kusumaningrum, Bambang Widarno & Rispantyo

Abstract

The purpose of this study was to analyze: 1) effect of the debt to equity ratio on stock returns 2) effect of price to book value of the stock return 3) effect of price earning ratio on stock returns 4) effect of return on assets on stock returns. This research is an empirical study. The study population is a food and beverage company listed on the Indonesia Stock Exchange. Sampling techniques used purposive sampling with a sample of 14 companies. Source data used secondary data from website www.idx.co.id. Methods of data collection used documentation and literature study data were analyzed using classical assumption test and multiple linear regression analysis. The results showed that the debt to equity ratio (DER) has negative and significant effect on stock returns. Price book value (PBV) has positive and significant effect on stock returns. Price earnings ratio (PER) has positive and significant effect on stock returns. Return on assets (ROA) has negative but no significant effect on stock return
Keywords: debt to equity ratio, pricebook value, priceearnings ratio, return on assets and stock returns

Downloads

PlumX Metrics

Published

2017-01-09

Issue

Vol. 12 No. 4 (2016): Akuntansi dan Sistem Teknologi Informasi

Section

Artikel

License

Authors who publish this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  2. Authors can separately make additional contractual arrangements for non-exclusive distribution published by the journal (e.g., publish it in a book), with an acknowledgement of its initial publication in this journal.
  3. Authors are allowed and encouraged to send their work via online (e.g., in the institutional repositories or their website) after published by the journal.