PENGARUH RASIO KEUANGAN, KONDISI PASAR MODAL, DAN PERUBAHAN NILAI TUKAR TERHADAP RETURN SAHAM
ABSTRACT: This study aimed to
determine the impact of financial ratio (ROE, DER, EPS, and CR), condition of
capital market (IHSG), and changes of exchange rates (Rupiah to US Dollar) on
stock return of food and beverage companies in Indonesia Stock Exchange. This
study was used food and beverage companies that listed on Indonesia Stock
Exchange in 2011-2015. Sample chosen by non-probability sampling method with
census technique. The analysis technique applied was multiple linear
regression. Based on the result of the analysis in 11 companies, the conclusion
are: partially ROE, EPS, and CR have significant positive effect on stock
return, DER has significant negative effect on stock return, and changes of
exchange rates has no significant positive effect on stock return.
KEYWORDS: stock return,
financial ratio, condition of capital market, exchange rate
Penulis: I Made Panji Dwitya
Putra Pradnya Handara
Kode Jurnal: jpmanajemendd170038
