PENGARUH NILAI PASAR, PROFITABILITAS, ECONOMIC VALUE ADDED, DAN INFLASI TERHADAP RETURN SAHAM PERUSAHAAN SEKTOR KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2013-2015
Abstract: This research aims
to test the influence of market value, profitability, economic value added and
inflation on the Stock Return. Type of this research is quantitative research
in the form of causality. The population of this research totalled 69 companies,
with as many as 47 companies research samples are taken using a purposive
sampling.This research method using multiple linear regression. The object of
this research is the financial sector companies were listed on the Indonesia
stock exchange period 2013-2015. The data used are secondary data obtained from
the official website of the Indonesia stock exchange.The results of this
research show that partially variable market values and economic value added
has no effect on stock return. While the profitability and inflation
influential positive on stock return. The variable of market value has no
effect on stock return cause EPS is the accrual profit and easily manipulated.
Economic value added has no effect on stock return cause EVA is not a value
that dominates the income investors in return. Variable profitability
influential positive on stock return cause ROA give a signal to the investors
to be able to estimate return. Variables inflation influential significant
positive on stock return company cause of the mild and reasonable inflation
will encourage the investment climate. Simultaneously, the variable market
value, profitability, economic value added and inflation has significant effect
on stock return company.
Keywords: Market Value,
Profitability, Economic Value Added, Inflation, Stock Return
Penulis: ACHMAD ABDI ZAKARIA
Kode Jurnal: jpmanajemendd171200
