Financial leverage and stock return comovement

2021 ◽  
pp. 100699
Author(s):  
Hung X. Do ◽  
Nhut H. Nguyen ◽  
Quan M.P. Nguyen
Keyword(s):  
Stock Return ◽  
Financial Leverage

scholarly journals PENGARUH LEVERAGE TERHADAP INCOME SMOOTHING DAN STOCK RETURN (Studi Pada Perusahaan Jasa Sektor Perbankan Yang Terdaftar di BEI Periode (2010-2015)

2019 ◽  
Vol 6 (2) ◽  
pp. 24
Author(s):  
Tia Maimanah
Keyword(s):  
Stock Return ◽  
Partial Least Square ◽  
Income Smoothing ◽  
Least Square ◽  
Financial Leverage ◽  
Purposive Sampling ◽  
Operating Leverage

Penelitian ini bertujuan untuk menguji pengaruh leverage terhadap income smoothing dan stock return pada perusahaan jasa sektor perbankan yang terdaftar di BEI selama periode 2010 sampai dengan 2015. Populasi dalam penelitian ini adalah semua perusahaan jasa sektor perbankan yang terdaftar di BEI. Sampel penelitian ini menggunakan metode purposive sampling sehingga hanya yang memenuhi kriteria tertentu yang akan dijadikan sampel. Jenis penelitian ini tergolong dalam explanatory research yang menerangkan suatu penelitian berdasarkan teori-teori tertentu sehingga terkumpul berbagai generilasisi empiris. Analisa data dalam penelitian ini menggunakan PLS (partial least square). Hasil penelitian ini menunjukkan bahwa operating leverage berpengaruh secara singifikan terhadap stock return dan financial leverage berpegaruh secara signifikan terhadap income smoothing. Tetapi operting leverage tidak berpengaruh secara siginifikan terhadap inocme smoothing dan financial leverage tidak berpengaruh secara siginifikan terhadap stock return. Serta operting leverage dan financial leverage tidak berpengaruh terhadap stock retrun melalui income smoothing

Financial Leverage and Stock Return Comovement

2020 ◽  
Author(s):  
Hung Xuan Do ◽  
Nhut H. Nguyen ◽  
Quan M. P. Nguyen
Keyword(s):  
Stock Return ◽  
Financial Leverage

scholarly journals Analisis pengaruh financial leverage dan operating leverage terhadap stock return

INOVASI ◽  
2018 ◽  
Vol 14 (2) ◽  
pp. 53
Author(s):  
As'ad Syaifullah
Keyword(s):  
Regression Analysis ◽  
Data Analysis ◽  
Stock Return ◽  
Sampling Method ◽  
Stock Exchange ◽  
Leverage Effect ◽  
Financial Leverage ◽  
Industrial Manufacturing ◽  
Analysis Technique ◽  
Operating Leverage

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 2011-2015. This study used purposive sampling method. The data analysis technique used in 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.

scholarly journals Determinants of Stock Return: A Comparison of Financial Distress and Non Financial Distress Firms in Manufacturing Company Listed of Indonesia Stock Exchange

2019 ◽  
Vol 18 (2) ◽  
pp. 52
Author(s):  
Chotimah Chotimah ◽  
Wulansari Wulansari
Keyword(s):  
Financial Distress ◽  
Stock Return ◽  
Stock Exchange ◽  
Fixed Effect Model ◽  
Negative Influence ◽  
Positive Influence ◽  
Financial Health ◽  
Financial Leverage ◽  
The Difference ◽  
Corporate Profits

<p><strong><em>Abstract</em></strong><strong></strong></p><p><strong><em>Purpose </em></strong><em>–</em><em>The purpose of this study is to examine the difference of stock return between financial distress and non-financial distress firms and to examine the influence of financial health, financial leverage, liquidity, profitability, book to market equity and size to stock return on the manufacturing firms listed at Indonesia Stock Exchange in the period 2012-2016.</em><em></em></p><p><strong><em>Des</em></strong><strong><em>ign</em></strong><strong><em>/Met</em></strong><strong><em>hodology</em></strong><strong><em>/</em></strong><strong><em>Approach</em></strong><em>- </em><em>The dependent variable in this study is the stock return (SR), while the independent variable are financial health, financial leverage, liquidity and profitability while the variable control are book to market equity and size. The method used is a non-parametric difference test using mann-whitney U and multi-regression panel data with dummy variable using fixed effect model.</em></p><p><em></em><strong><em>Findings</em></strong><em> - </em><em>The findings obtained this study indicate that there is difference of stock return between financial distress and non-financial distress company, financial distress and financial leverage has a negative influence to stock return and there is positive influence profitability and size to stock return, while liquidity and book to market equity has no impact on stock return. The firms need to increase the level of financial health and increase corporate profits by reduce the level of corporate debt so it will increase the stock return.</em></p><p> </p>

scholarly journals FINANCIAL LEVERAGE AND LIQUIDITY ON GOOD CORPORATE GOVERNANCE AND STOCK RETURN

2019 ◽  
Vol 11 (2) ◽  
pp. 78-87
Author(s):  
Aditya Laika Chandra ◽  
Ellen Rusliati
Keyword(s):  
Corporate Governance ◽  
Regression Analysis ◽  
Stock Return ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Financial Leverage ◽  
Good Corporate Governance ◽  
Panel Data Regression ◽  
Data Regression

Investor needed the information about financial performance in order to predict the price and return of stock. This study aims to find out the effect of financial leverage and liquidity on Good Corporate Governance (GCG) and return of stock in the manufacture companies listed in Indonesia Stock Exchange during the period of 2013-2017. The method of descriptive and verifiative are used in this study by using 94 samples determined by purposive sampling technique. A secondary data is used and analyzed by using panel data regression model and moderated regression analysis. The result showed that simultenously, financial leverage and liquidity effected negatively and significantly to the return of stock. Partially, leverage effected negatively and significantly, as well as liquidity but insignificantly. The GCG is able to moderated a simultaneous effect of financial leverage and liquidity on return of stock to be positive, but insiginificatn. However, GCG effected positively and significantly.

scholarly journals PENGARUH LEVERAGE TERHADAP INCOME SMOOTHING DAN STOCK RETURN (Studi Pada Perusahaan Jasa Sektor Perbankan Yang Terdaftar di BEI Periode (2010-2015)

2017 ◽  
Vol 5 (1) ◽  
pp. 26
Author(s):  
Tia Maimanah
Keyword(s):  
Stock Return ◽  
Partial Least Square ◽  
Income Smoothing ◽  
Least Square ◽  
Financial Leverage ◽  
Purposive Sampling ◽  
Operating Leverage

Penelitian ini bertujuan untuk menguji pengaruh leverage terhadap income smoothing dan stock return pada perusahaan jasa sektor perbankan yang terdaftar di BEI selama periode 2010 sampai dengan 2015. Populasi dalam penelitian ini adalah semua perusahaan jasa sektor perbankan yang terdaftar di BEI. Sampel penelitian ini menggunakan metode purposive sampling sehingga hanya yang memenuhi kriteria tertentu yang akan dijadikan sampel. Jenis penelitian ini tergolong dalam explanatory research yang menerangkan suatu penelitian berdasarkan teori-teori tertentu sehingga terkumpul berbagai generilasisi empiris. Analisa data dalam penelitian ini menggunakan PLS (partial least square). Hasil penelitian ini menunjukkan bahwa operating leverage berpengaruh secara singifikan terhadap stock return dan financial leverage berpegaruh secara signifikan terhadap income smoothing. Tetapi operting leverage tidak berpengaruh secara siginifikan terhadap inocme smoothing dan financial leverage tidak berpengaruh secara siginifikan terhadap stock return. Serta operting leverage dan financial leverage tidak berpengaruh terhadap stock retrun melalui income smoothing

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