PENGARUH RETURN ON INVESTMENT, DEBT TO EQUITY RATIO, ECONOMIC VALUE ADDED, INFLASI TERHADAP RETURN SAHAM PADA TAHUN 2008-2012
ABSTRACT: This study aimed to
analyze the influence of Return On Investment, Debt To Equity Ratio, Economic
Value Added, and Inflation on StockReturns. This study was made as there are
differences between the results of research with each other and so can be used
to predict fluctuations stock returns.Sample of this research is 135 others company
in IDX with methodpurposive sampling.This study uses multiple linear regression
statistic to testthe hypothesis. The variable used in this study Return On
Investment, DebtTo Equity Ratio, Economic Value Added, Inflation, and Stock
Returns. Typeof data used in the form of secondary data is data such as notes
and reportstaken from Indonesian Capital Market Directory.
The results showed that simultan independent variables effect on stock return.
While research is partially showed Return On Investment positive andnot
significant effect on stock returns. While Debt To Equity Ratio negative and
significant effect on stock returns. Meanwhile Economic Value Addedpositive and
significant effect on stock returns. And then inflation negativeand not
significant effect on stock returns. In addition it was found that the value of
adjusted R square is 5,8%. This means that 5,8% of the movement ofstock returns
can be predicted from the four variables, while at 94,2% is explained by other
variables outside the model.
Keywords: Return On
Investment, Debt To Equity Ratio, Economic Value Added, Inflation, and Stock
Returns
Penulis: Ayu Nisaa Harvioni,
Astohar Astohar
Kode Jurnal: jpmanajemendd170384
