ANALISIS PENGARUH FINANCIAL LEVERAGE DAN OPERATING LEVERAGE TERHADAP STOCK RETURN

Abtract: This study aimed to examine the effect of financial leverage and  operating  leverage on  stock return.  The  population  of  this  study were  135  industrial  manufacturing  company  listed  on  the  Indonesia Stock  Exchange  (IDX)  with  a  sample  of  11  companies  during  the years  2008-2012.This  study  used  purposive  sampling  method.  The data  analysis  technique  use  din  this  study  is  multiple  regression analysis.  The  results  of this  study  concluded  that  concludes that the financial  leverage  and  operating  leverage  no  significant  effect  on stock return. While partially operating leverage effect on stock return, but no effect of financial leverage on stock return.
Keywords: stock returns, financial leverage and operating leverage
Penulis: AS’AD SYAIFULLAH
Kode Jurnal: jpmanajemendd140957

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