scholarly journals Profitability, Earnings Per Share on Stock Return with Size as Moderation

TRIKONOMIKA ◽  
2017 ◽  
Vol 16 (2) ◽  
pp. 88
Author(s):  
Jumawan Jasman ◽  
Muhammad Kasran
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Absolute Difference ◽  
Earnings Per Share ◽  
Relationship Of ◽  
The Relationship

The purpose of this study was to analyze the effect of profitability and earnings per share on stock returns and the role of size as a moderating variable in state-owned companies listed in the Indonesia Stock Exchange (IDX) in the period of 2011-2016. By using purposive sampling, the number of samples included 18 companies. Method was conducted by downloading summary of financial statements in the Indonesia Stock Exchange. The research began with classical assumption test, multiple linear regression analysis was done with the absolute difference test. The research found that profitability had no effect on stock return. Earnings per share and size had a significant negative effect on stock return. The role of size as a moderating variable strengthened the relationship of earnings per share with stock returns, but it did not play a role in the relationship of profitability with stock returns. 

scholarly journals Effect of Financial Ratios on Stock Returns with Earning Per Share as Moderating Variable in Banking Companies on the Indonesia Stock Exchange (2012-2017 Period)

2021 ◽  
Vol 8 (8) ◽  
pp. 398-406
Author(s):  
Sahat M N Siahaan ◽  
Isfenti Sadalia ◽  
Amlys Syahputra Silalahi
Keyword(s):  
Regression Analysis ◽  
Stock Returns ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Test Method ◽  
Financial Ratios ◽  
Absolute Difference ◽  
Financial Report ◽  
The Relationship

The purpose of this study is to analyze the effect of financial ratios on stock returns with earning per share as moderating variable in Banking Companies on the Indonesia Stock Exchange (2012–2017 period). This research is a comparative causal research, which is to analyze the causal relationship between two or more variables. The seven companies are Bank Mandiri (Persero) Tbk (BMRI), Bank Central Asia Tbk (BBCA), BANK Rakyat Indonesia (Persero) Tbk (BBRI), Bank Bumi Arta Tbk (BNBA), Bank Negara Indonesia (Persero) Tbk (BBNI), Bank Tabungan Negara (Persero) Tbk (BBTN) dan Bank Mega Tbk (MEGA), so that with a 6-year financial report, there are (7x6)=42 research samples. The data analysis method used in testing the hypothesis in this study is multiple linear regression analysis and moderated variable regression analysis with the absolute difference value test method. Based on the results of the study, it shows that the current ratio (CR) has a positive and significant effect on stock returns at Banking Companies on the Indonesia Stock Exchange. Total asset turnover (TAT) has a positive and significant effect on stock returns in Banking Companies on the Indonesia Stock Exchange. Debt to equity ratio (DER) has a negative and significant effect on stock returns of Banking Companies on the Indonesia Stock Exchange. Return on investment (ROI) has a positive and significant effect on stock returns of Banking Companies on the Indonesia Stock Exchange. Earning per share (EPS) is not able to significantly moderate the relationship between CR and stock returns. EPS is able to significantly moderate the relationship between TAT and stock returns. EPS is able to significantly moderate the relationship between DER and stock returns. EPS is not able to significantly moderate the relationship between ROI and stock returns. Keywords: Financial Ratios, Stock Returns, Earning Per Share.

scholarly journals DETERMINANT MODELS AFFECTING FINANCIAL PERFORMANCE AND STOCK RETURN COMPANIES REGISTERED IN INDONESIA STOCK EXCHANGE

2021 ◽  
Vol 19 (4) ◽  
pp. 905-924
Author(s):  
Sudarno Sudarno ◽  
◽  
Suyono Suyono ◽  
Yusrizal Yusrizal ◽  
Johannes Tambunan ◽  
...  
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Predictive Ability ◽  
Multiple Linear Regression Analysis ◽  
Capital Adequacy ◽  
Operating Income ◽  
Independent Variables

This research aims to analyze the effect of Capital Adequacy Ratio (CAR), Operating Expenses to Operating Income Ratio (BOPO), Loan to Deposits Ratio (LDR), Net Interest Margin (NIM), and Non-Performing Loan Ratio (NPL) variables on ROA and Stock Return of Banks That Listed in the Indonesia Stock Exchange. The population in this research is all banks listed on the Indonesia Stock Exchange. At the same time, the samples are 30 companies. The sampling uses the purposive sampling method. Secondary data was obtained in the Indonesia Stock Exchange and Yahoo! Finance. The independent variables used are CAR, BOPO, LDR, NIM, and NPL. The data analysis technique used is multiple linear regression analysis by SmartPLS software. This research indicates that the LDR, NIM, and NPL variables have a significant effect on ROA. The CAR, BOPO, and NPL variables have a significant effect on Stock Return. The predictive ability of the independent variables (CAR, BOPO, LDR, NIM, and NPL) on ROA is 59.5%, as indicated by the value of Adjusted R Square is 59.5%, while the remaining is 40.5% influenced by other variables not included in this research. The independent variables (CAR, BOPO, NIM, and NPL) on Stock Returns have 13.3% of Adjusted R Square while the remaining is 86.7% influenced by other variables.

scholarly journals Fundamental Factor Analysis on Stock Returns Based on the Panel Data of LQ'45 Index

2020 ◽  
Vol 3 (3) ◽  
pp. 132
Author(s):  
Sumani Sumani
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Significant Positive Effect ◽  
Fundamental Factor ◽  
Negative Effect ◽  
Positive Effect

This study aims to investigate the influence of fundamental factors on stock returns on the companies listed in the LQ’45 index in the Indonesia Stock Exchange. This research uses explanatory research design. The population consists of 45 companies listed in the LQ'45 index. The purposive sampling technique is used and collected a total of 23 companies as the sample. The number of samples was 23 companies because these companies consistently formed the LQ'45 index for the 2014-2018 periods. Those companies are fulfilling the criteria which are continually included in the LQ’45 index throughout the analysis period. Thus, the data panels used in this study were as much as 115 observations. Fundamental factors proxies by TATO, MBV, CR, DER, NPM, and EPS. The multiple linear regression analysis is used and the results showed that TATO has a significant positive effect on stock returns, MBV has a significant negative effect on stock returns, while CR, DER, NPM, and EPS have no significant effects on the stock return of LQ’45 index-listed companies.

scholarly journals Pengaruh Likuiditas dan Profitabilitas Terhadap Return Saham (Studi Empiris Pada Perusahaan Manufaktur Sub Sektor Makanan dan Minuman di Bursa Efek Indonesia)

2020 ◽  
Vol 17 (1) ◽  
Author(s):  
Siswadi Sululing ◽  
Stefany Sandangan
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Return On Assets ◽  
Current Ratio ◽  
Purposive Sampling ◽  
Negative Effect

ABSTRACTThis study aims to examine the effect of current ratio and return on assets on stock returns. The dependent variable used in this study is stock returns as measured by average stock returns. While the independent variables are current ratio and return on assets. The population in this study was the food and beverage sub-sector company on the Indonesia Stock Exchange in the period of 2012-2016. The sampling technique used in this study is purposive sampling. The analysis technique used in this study was multiple linear regression analysis. The results of the analysis show that the current ratio have a negative effect on the company's stock return. While, return on assets have a positive effect on the company's stock return. ABSTRAKPenelitian ini bertujuan untuk menguji pengaruh current ratio dan return on assets terhadap return saham. Variabel dependen yang digunakan dalam penelitian ini adalah return saham yang diukur dengan return saham rata-rata. Sedangkan variabel independen adalah current ratio dan return on assets. Populasi dalam penelitian ini adalah perusahaan Sub Sektor Makanan dan Minuman di Bursa Efek Indonesia periode 2012 – 2016. Sampel dalam penelitian ini menggunakan purposive sampling. Teknik analisis yang digunakan dalam penelitian ini adalah analisis regresi linier berganda. Hasil analisis menunjukkan bahwa current ratio berpengaruh negatif terhadap return saham perusahaan. Sementara return on asset berpengaruh positif terhadap return saham perusahaan.

scholarly journals Pengaruh Earning Per Share, Debt To Equity Ratio, Price Earning Ratio, Return On Equity Terhadap Harga Saham Perusahaan Makanan Dan Minuman Di Bei Periode 2015-2017

2019 ◽  
Vol 3 (2) ◽  
Author(s):  
Indrian Trifena Suriadi Dan Indra Widjaja
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Return On Equity ◽  
Independent Variables ◽  
Food And Beverage ◽  
Equity Ratio

This study aims to determine the effect of financial performance on stock returns in food and beverage companies listed on the Indonesia Stock Exchange in 2015 to 2017 simultaneously or partially. The variables used in this study are Earning Per Share (EPS), Debt To Equity Ratio (DER), Price Earning Ratio (PER), Return On Equity (ROE) as independent variables and stock return as the dependent variable.  The data used are financial statements from food and beverage companies published through the website ww.idx.co.id. The results of the study show that the independent variables EPS, DER, PER, ROE do not significantly influence the dependent variable (stock return) simultaneously. While the results of the study are partial, it shows that only EPS and ROE variables have a significant effect on stock returns. Thus it can be concluded that all the independent variables studied cannot be used simultaneously to determine the amount of stock returns. The data analysis method used in this study is a quantitative method by testing classical assumptions, as well as statistical analysis, namely multiple linear regression analysis. The sampling method used was purposive sampling.

scholarly journals THE EFFECT OF ECONOMICS VALUE-ADDED, MARKET VALUE-ADDED, TOTAL ASSET RATIO, AND PRICE EARNINGS RATIO ON STOCK RETURN

2019 ◽  
Vol 5 (2) ◽  
pp. 239
Author(s):  
Willy Poltak Silitonga ◽  
Rizky Alika Ramadhani ◽  
Ridho Nugroho
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Value Added ◽  
Market Value ◽  
Multiple Linear Regression Analysis ◽  
Total Asset ◽  
Price Earnings Ratio ◽  
Market Value Added

<p><em>This study is to analyze the effect of economic value added, market value added, total assets turn over and price earning ratio to stock returns. The multiple linear regression analysis used to identify the effect of independent variables on the dependent variable. The sample was obtained from the consumer goods sector listed on the Indonesia Stock Exchange. The data covers three years from 2015 to 2017. The results of this study indicate total asset turnover (TATO) and price earnings ratio (PER) have a significant effect on stock return whereas the other variable economics value added and market value added is insignificant on stock return.</em></p>

scholarly journals THE EFFECT OF FINANCIAL PERFORMANCE ON SHARE RETURN WITH COMPANY SIZE AS MODERATED VARIABLES

2021 ◽  
pp. 58-72
Author(s):  
Anna Christin Silaban
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Sample Selection ◽  
Absolute Difference ◽  
Company Size ◽  
Construction Companies ◽  
Equity Ratio ◽  
The Relationship ◽  
Positive Effect

The purpose of this study are as follows: 1) To examine the effect of ROA on Stock Returns; 2) To assess the effect of CR on Stock Returns; 3) To assess the effect of DER on Stock Returns; 4) To examine the effect of PER on Stock Returns; 5) To assess the effect of PBV on Stock Returns; and 6) To assess the extent to which Company Size can moderate the relationship between ROA, CR, DER, PER, PBV and Stock Return. This type of research used in this study is a casual associative research (causal associative research). The population in this study are property, real estate, and building construction companies that are included in the Kompas 100 index which are listed on the Indonesia Stock Exchange during 2013-2018. Sample selection with purposive sampling method. The analytical method used to test the hypothesis is multiple regression analysis with the absolute difference test. The results showed that: 1) ROA has a positive effect on stock returns; 2) CR does not have a significant positive effect on stock returns; 3) DER has a positive effect on stock returns; 4) PER has a positive effect on stock returns; 5) PBV has no effect on stock returns; and 6) Company size is not able to moderate the relationship between ROA, CR, DER, PER, PBV with stock returns. KEYWORDS: Return On Assets, Current Ratio, Debt to Equity Ratio, Price Earning Ratio, Price to Book Value, Company Size, Stock Return

scholarly journals PENGARUH LIKUIDITAS, AKTIVITAS, DAN PROFITABILITAS TERHADAP RETURN SAHAM PADA PERUSAHAAN SUB SEKTOR OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 4 (2) ◽  
pp. 82-89
Author(s):  
Ellina Ellina ◽  
Yansen Siahaan ◽  
Parman Tarigan ◽  
Astuti Astuti
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Negative Influence ◽  
Positive Influence

Abstrak            Tujuan dari penelitian ini adalah untuk mengetahui gambaran Likuiditas, Aktivitas, Profitabilitas dan Return Saham serta pengaruh likuiditas, aktivitas, dan profitabilitas terhadap return saham secara simultan maupun parsial pada Perusahaan Sub Sektor Otomotif dan Komponen yang terdaftar di BEI. Penelitian ini dilakukan dengan menggunakan metode analisis deskriptif kualitatif dan analisis deskriptif kuantitatif. Sampel penelitian adalah Perusahaan Sub Sektor Otomotif dan Komponen yang Terdaftar di Bursa Efek Indonesia.  Pengumpulan data dilakukan dengan metode dokumentasi. Teknik analisis yang dilakukan adalah uji asumsi klasik, Analisis regresi linier berganda, koefisien korelasi, koefisien determinasi dan uji hipotesis.            Hasil penelitian ini dapat disimpulkan sebagai berikut: 1.Nilai rata-rata Likuiditas berfluktuasi dan cenderung meningkat. 2.Nilai rata-rata Aktivitas dan Profitabilitas berfluktuasi dan cenderung menurun. 3. Nilai rata-rata Return Saham berfluktuasi dan cenderung meningkat. 4.  Hasil regresi linear berganda diperoleh hasil Likuiditas berpengaruh negatif. Sedangkan, aktivitas dan profitabilitas berpengaruh positif terhadap return saham. 5. Hasil pengujian koefisien korelasi dan determinasi terdapat hubungan yang rendah antara variabel indenpenden likuiditas, aktivitas, dan profitabilitas dengan variabel dependen return saham, dan sisanya dipengaruhi oleh faktor lain. 6. Hasil uji hipotesis secara simultan H0 diterima artinya likuiditas, aktivitas, dan profitabilitas berpengaruh tidak signifikan terhadap return saham baik secara simultan maupun parsial.            Saran dari penelitian ini adalah penting bagi perusahaan menjaga tingkat Likuiditas, Aktivitas, dan Profitabilitas perusahaan, dengan lebih mengoptimalkan penggunaan dana agar beban perusahaan tidak akan semakin besar, untuk menarik perhatian investor yang akan berinvestasi pada perusahaan. Kata Kunci: Likuiditas, Profitabilitas, Aktivitas, Return Saham       Abstract            The purpose of this research are: 1. To find out the description of Liquidity, Activity, Profitability and Stock Returns in the Automotive and Component Sub-Sector Companies listed on the Indonesia Stock Exchange. 2. To find out the effect of liquidity, activity, and profitability on stock returns on automotive and component sub-sector companies listed on the Indonesia Stock Exchange both simultaneously and partially. This research was conducted using qualitative descriptive analysis methods and quantitative descriptive analysis. The research sample was the Automotive and Component Sub-Sector Company listed on the Indonesia Stock Exchange. Data collection is done by documentation method. The analysis technique used is the classical assumption test, multiple linear regression analysis, correlation coefficient, determination coefficient and hypothesis testing.The result of this research can be summarized as follows: 1. Average liquidity fluctuate and tend to increase. 2. The average activity and profitability fluctuates and tends to decrease. 3. The average of stock returns fluctuates and tends to increase. 4. The results of multiple linear regression obtained by the results of Liquidity have a negative influence. Meanwhile, activity and profitability have a positive influence on stock returns. 5. The test results of the correlation and determination coefficients have a low relationship between the liquidity, activity, and profitability independent variables with the dependent variable stock return, and the rest is influenced by other factors.             Suggestions from this research are important for companies to maintain the level of liquidity, activity, and profitability of the company, by optimizing the use of funds so that the company's burden will not be greater, to attract the attention of investors who will invest in the company. Keywords: Liquidity, Profitability, Activity, Stock Return

scholarly journals Analisis Faktor-Faktor yang Berpengaruh Terhadap Return Saham pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Sub Sektor Makanan dan Minuman yang Tercatat Aktif di Bursa Efek Indonesia Periode 2013-2017

2020 ◽  
Vol 4 (4) ◽  
pp. 162
Author(s):  
Dionisius Sole
Keyword(s):  
Stock Returns ◽  
Firm Size ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Investment Strategies ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Independent Variables ◽  
Earnings Per Share

This research aims to examine and analyze the factors that influence stock returns in manufacturing companies in the consumer goods and food sub-sector listed on the Indonesia Stock Exchange (IDX). The independent variables in this research are Earning Per Share (EPS), Price Earning Ratio (PER), Return On Assets (ROA), and Firm Size. The dependent variable in this research is stock returns. The number of observations in this research were 55 of 11 companies multiplied by 5 years. This research uses purposive sampling method. Empirical results in this research using the SPSS program using multiple linear regression analysis methods. The results of this reserach indicate that return on assets (ROA) has a significant effect on stock returns. While earnings per share (EPS), price earning ratio (PER), and firm size have no significant effect on stock returns. These results indicate that investors should pay attention to return on assets (ROA) in their investment strategies. As well as looking at the small effect of the independent variables on the dependent variable, it is suggested the need for caution in generalizing the results of this research.

scholarly journals PERAN MEDIASI STRES KERJA PADA HUBUNGAN BEBAN KERJA DENGAN KEPUASAN KERJA

2020 ◽  
Vol 9 (7) ◽  
pp. 2663
Author(s):  
Ida Ayu Agung Hutami Pramesti ◽  
Putu Saroyeni Piartrini
Keyword(s):  
Job Satisfaction ◽  
Job Stress ◽  
Work Stress ◽  
Linear Regression Analysis ◽  
Work Load ◽  
Multiple Linear Regression Analysis ◽  
Employee Job Satisfaction ◽  
Relationship Of ◽  
The Relationship

This study aims to determine the relationship of work stress and workload with job satisfactionand also know the role of work stress in mediating the relationship of workload with job satisfaction. The population in this study were all employees of the paramedics BRI branch of Gajah Mada Denpasar, amounting to 90 employees. The analys technique uses multiple linear regression analysis. The result of the analysis show that workload has a negative and significant effect on job satisfaction. Jobstress has a negative and significant effect on job satisfaction. Workload has a positive and significan effect on work stress. The results of this study also indicate that work stres is not considered to mediate the relationship between workload and employee job satisfaction. The bank should pay attention again to the communication that is established within the company, the time given to carry out additional tasks every day more attention so that employees do not feel drained at the time of doing work given, the bank should continue to maintain the health standards that have been enforced in the bank. Keywords: work load, job stress, job satisfaction

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