scholarly journals PENGARUH EARNING PER SHARE (EPS), RETURN ON EQUITY (ROE) DAN DEBT TO EQUITY RATIO (DER) TERHADAP RETURN SAHAM DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL INTERVENING PADA PERUSAHAAN INDUSTRI BARANG KONSUMSI YANG TERDAFTAR DI BEI PERIODE 2014-2018

2020 ◽  
Vol 14 (1) ◽  
Author(s):  
Arum Narwita Sari ◽  
Sri Hermuningsih
Keyword(s):  
Data Analysis ◽  
Significant Influence ◽  
Consumer Goods ◽  
Stock Return ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Negative Influence ◽  
Return On Equity ◽  
Equity Ratio ◽  
Consumer Goods Industry

This study aims to examine the effect of Earning per Share (EPS), Return on Equity Ratio (ROE) and Debt to Equity Ratio (DER) on stock returns with dividend policy as an intervening variable in consumer goods industry companies listed on the Indonesia Stock Exchange for the period 2014-2018. Data used is the panel data with the detail of 5 years time series and 20 companies of cross section data. The data obtained further processed by using the data analysis techniques is multiple linear regression supported by classical assumption test, namely the test of normality, multikoliniearity test, heteroskdastisity test and autocorrelation test. In this study also used Sobel test. Based on the results of data analysis shows that: (1) EPS has a positive and significant influence on the DPR which is indicated by 0.002 value and 0.000 for probability. (2) The ROE has a negative and insignificant influence on the DPR which is indicated by the -0.009 and probability of 0781. (3) DER has a positive and significant influence on the DPR which is indicated by the value of 3.087 and the probability of 0.030. (4) The DPR has insignificant negative influence on the stock return this is demonstrated by value -0.004 and probability of 0.377. (5) EPS has an insignificant negative influence on the stock return which is demonstrated by values 1.931 E-6 and probability 0.867. (6) ROE has a negative influence on the stock return which is demonstrated by values 8.957 E-7 and probability 0.999. (7) DER has an insignificant positive influence on the stock return which is demonstrated by the value of 0.046 and the probability of 0.244 and (8) DPR does not mediate the EPS, ROE and DER variables on stock return, this is indicated by the calculated z value is smaller than the z table value (-5 <1.96), (0.1270 <1.96) and (-6.7234 < 1.96). Dividend Policy (DPR) is not able to be an intervening variable of the EPS, ROE and DER variables on Saham Returns in the Consumer Goods Industry sector companies listed on the Indonesia Stock Exchange in the 2014-2018 period. This is proven bythe research of the Sobel test.Keywords: Earning per Share, Return on Equity, Debt to Equity Ratio, Dividend Policy, Stock Return

THE EFFECT OF FUNDAMENTAL FINANCIAL FACTOR TO STOCK RETURN (STUDY ON CONSUMER GOODS INDUSTRY SUB SECTOR FOOD AND BEVERAGES WHICH IS LISTED AT INDONESIA STOCK EXCHANGE IN 2011 – 2016)

2018 ◽  
Vol 15 (1) ◽  
pp. 30-44
Author(s):  
Cepi Pahlevi Pahlevi
Keyword(s):  
Consumer Goods ◽  
Stock Return ◽  
Stock Exchange ◽  
Return On Equity ◽  
Fundamental Factor ◽  
Food And Beverages ◽  
Financial Factor ◽  
Food And Beverage ◽  
Equity Ratio ◽  
Consumer Goods Industry

The purpose of this study is to find the effect of fundamental financial factor to stock return of the listed consumer goods industry sub-sector food and beverages companies at Indonesia Stock Exchange 2011-2016. Variables that are used to measure the fundamental factor are Current Ratio (CR), Debt to Equity Ratio (DER), Return on Equity (ROE), and Total Asset Turnover (TATO) to Stock Return as dependent variable. Population of this study is food and beverage sub sector companies at Indonesia Stock Exchange 2011-2016, with total of 17 companies. Sampling method used was purposive sampling with total of 11 companies. This research used multiple regression analysis method and hypothesis testing (F test and T test) with significant level of 5% alpha. The result of this study, shows that CR, DER, TATO have a negative and have not significant effect to stock return. ROE variable has a positive and significant effect to stock return. Based on the R square test, 20.4% stock return is explained by fundamental financial factors.

IMPLIKASI RETURN ON EQUITY, RETURN ON ASSET, NET INCOME& DEBT TO EQUITY RATIO TERHADAP RETURN SAHAM PADA PERUSAHAAN PROPERTI

2018 ◽  
Vol 3 (1) ◽  
pp. 59-66
Author(s):  
Muhammad Richo Rianto
Keyword(s):  
Data Analysis ◽  
Capital Market ◽  
Stock Return ◽  
Stock Exchange ◽  
Secondary Data ◽  
Net Income ◽  
Return On Equity ◽  
Property Companies ◽  
Equity Ratio

The research aims to analyze the effect of  Return On Equity (ROE ), Return On Asset (ROA), Net Income (NI) and Debt to Equity  (DER) on partially and simultaneously to Return Investment (RI) in property companies. Data were collected from secondary data in the financial documentation of Indonesian Capital Market  Directory ( ICMD ) and also can download in the official website of the Indonesian Stock Exchange www. IDX.co.id. Data analysis was using Eviews version  7.1. The results show that: ROE, ROA, NI, and DER simultaneously significant effect on the property company’s stock return, but partially only ROE and DER variable that significantly effects on stock return. Keywords: Return on Equity, Return on Asset, Net Income, Debt to Equity, Return Investment

scholarly journals The Effect of Current Ratio, Debt to Equity Ratio and Return in The Consumer Goods Industry Sector Listed in Indonesia Stock Exchange 2012-2017

2019 ◽  
Vol 2 (3) ◽  
Author(s):  
Yusi Amelia ◽  
Rina Y Asmara
Keyword(s):  
Consumer Goods ◽  
Regression Coefficient ◽  
Stock Exchange ◽  
Current Ratio ◽  
Dividend Payout ◽  
Return On Equity ◽  
Industry Sector ◽  
Negative Effect ◽  
Equity Ratio ◽  
Consumer Goods Industry

This study aims to analyze the effect of current ratio (CR), debt to equity ratio (DER), and return on equity ratio (ROE) on dividend payout ratio (DPR) in the consumer goods industry sector listed in Indonesia Stock Exchange period of 2012-2017. The sample selection in this study using purposive sampling method and got 13 companies that match the criteria. From result of research got value of adjusted R-Square equal to 62.64%. It indicated that return on equity has a significant negative effect on dividend payout ratio with regression coefficient equal to -1.070932. However, the result of current ratio has insignificant negative effect on the dividend payout ratio with regression coefficient of -2.462612 and debt to equity ratio has insignificant positive effect on the dividend payout ratio with regression coefficient of 0.012540.

scholarly journals PENGARUH LEVERAGE, PROFITABILITAS, FIRM SIZE, DAN LIKUIDITAS TERHADAP RETURN SAHAM PERUSAHAAN SEKTOR INDUSTRI BARANG KONSUMSI

2019 ◽  
Vol 8 (4) ◽  
pp. 2239
Author(s):  
Nindya Pradiana ◽  
I Putu Yadnya
Keyword(s):  
Stock Returns ◽  
Firm Size ◽  
Consumer Goods ◽  
Stock Return ◽  
Stock Exchange ◽  
Return On Equity ◽  
Insignificant Effect ◽  
Stock Investment ◽  
Analysis Technique ◽  
Consumer Goods Industry

Stock return is an advantage obtained by investors in stock investment. One sector whose stock returns fluctuate and has a high inventory turnover is the consumer goods industry. The existence of stock return fluctuations is the background of this study which aims to determine the effect of leverage, profitability, firm size and liquidity on stock returns on the consumer goods industry sector companies in the Indonesia Stock Exchange in the 2014-2016 period. The sample used in this study amounted to 33 companies. The method of determining the sample used in this study was purposive sampling method. The data analysis technique used in this study is multiple linear analysis. The results of this study are leverage variables proxied by DER which have a positive and significant effect on stock returns. Profitability proxied by ROE has a positive and insignificant effect on stock returns. Firm size has a positive and significant effect on stock returns. Liquidity which is proxied by QR has a negative and insignificant effect on stock returns. Keywords: debt to equity ratio, return on equity, firm size, quick ratio, stock return

scholarly journals PENGARUH RASIO SOLVABILITAS, RASIO PROFITABILITAS, LIKUIDITAS DAN LABA PER SAHAM TERHADAP KEBIJAKAN DIVIDEN PADA PERUSAHAAN CONSUMER GOODSYANG TERDAFTAR PADA BURSA EFEK INDONESIA (BEI) PERIODE 2013-2017

2019 ◽  
Vol 14 (1) ◽  
pp. 1
Author(s):  
Teng Sauh Hwee ◽  
William William ◽  
Stephani Stephani ◽  
Vera Vera ◽  
Devi Supantri ◽  
...  
Keyword(s):  
Consumer Goods ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Current Ratio ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Earnings Per Share ◽  
Total Debt ◽  
Equity Ratio ◽  
Profitability Ratios

AbstrakPenelitian ini bertujuan untuk menguji dan menganalisis pengaruh rasio solvabilitas, rasio profitabilitas, likuiditas dan laba per saham terhadap kebijakan dividen pada perusahaan consumer goods yang terdaftar pada Bursa Efek Indonesia periode 2013-2017. Metode penelitian yang digunakan yaitu pendekatan kuantitatif, jenis penelitian deskriptif dan bersifat eksploratif. Populasi dalam penelitian ini adalah 45 perusahaan Consumer  Goods. Teknik pengambilan sampel adalah Purposive Sampling, yaitu sebanyak 10 Perusahaan. Teknik analisis data menggunakan model analisis regresi linear berganda, koefisien dertiminasi, Uji-F, dan Uji-t untuk mendapatkan model regresi yang baik. Hasil penelitian hipotesis secara simultan menunjukkan rasio solvabilitas, rasio profitabilitas, likuiditas dan laba per saham berpengaruh positif dan signifikan terhadap kebijakan dividen pada perusahaan consumer goods yang terdaftar pada Bursa Efek Indonesia periode 2013-2017.  Kata kunci :  Total Debt to Equity Ratio, Return on Equity, Current Ratio,  Earning Per Share dan Kebijakan Dividen AbstractThis study aims to examine and analyze the effect of solvency ratios, profitability ratios, liquidity and earnings per share on dividend policy in consumer goods companies listed on the Indonesia Stock Exchange for the period 2013-2017. The research method used is quantitative approach, descriptive research type and explorative. The population in this study were 45 Consumer Goods companies. The sampling technique is purposive sampling, which is as many as 10 companies. Data analysis techniques used multiple linear regression analysis models, determination coefficients, F-Tests, and T-Tests to obtain a good regression model. The results of simultaneous hypothesis research indicate solvency ratios, profitability ratios, liquidity and earnings per share have positive and significant effect on dividend policy in consumer goods companies listed on the Indonesia Stock Exchange for the period 2013-2017.  Keywords :      Total Debt to Equity Ratio, Return on Equity, Current Ratio, Earning Per Shareand Dividend Policy

scholarly journals Pengaruh Rasio Keuangan dan Makroekonomi terhadap Financial Distress Perusahaan Sektor Industri Barang Konsumsi yang Terdaftar di BEI Periode 2015-2019

2021 ◽  
Vol 9 (3) ◽  
pp. 1293-1307
Author(s):  
Vynda Myllariza
Keyword(s):  
Exchange Rates ◽  
Consumer Goods ◽  
Financial Distress ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Return On Equity ◽  
Financial Ratio ◽  
Industry Sector ◽  
Equity Ratio ◽  
Consumer Goods Industry

Financial distress is a condition that occurs in a company that is characterized by financial difficulties, and if it occurs continuously, it will cause bankruptcy, so analysis is needed to determine the factors that influence these conditions. This study aimed to determine the factors that affect the company's financial distress in the consumer goods industry sector. Predictors used as independent variables are financial ratios which include return on assets, return on equity, current ratio, debt to assets ratio, debt to equity ratio, and macroeconomics (inflation and exchange rates) to predict financial distress in companies. The type of research used is causal associative. In taking the research sample using purposive sampling technique and obtaining 26 companies in the consumer goods industry sector listed on the Indonesia Stock Exchange for the 2015-2019 period. Data analysis techniques in the form of logistic regression with SPSS. The results of this study indicate that the financial ratio variables used do not affect financial distress. In addition, macroeconomic variables, which include inflation and exchange rates, also have no significant effect on financial distress.

scholarly journals ANALISIS FAKTOR INTERNAL DAN EKSTERNAL PERUSAHAAN TERHADAP HARGA SAHAM SEKTOR CONSUMER GOODS INDUSTRY DI BURSA EFEK INDONESIA (BEI)

2020 ◽  
Vol 4 (1) ◽  
pp. 102-109
Author(s):  
Syahril Effendi ◽  
Baru Harahap
Keyword(s):  
Interest Rates ◽  
Significant Influence ◽  
Consumer Goods ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Consumer Goods Industry

This study aims to determine the effect of a given return on equity, earnings per share, Inflation and Interest Rates on Stock Prices on the company's sector of consumer goods industry listed on the Indonesia stock Exchange. The population in this study consisted of 49 companies engaged in the sector of consumer goods industry listed in Bursa efek Indonesia (BEI). Sampling technique in this study using purposive sampling and there are 10 companies that meet the criteria for the selection of the sample. Financial Data in this research was obtained through IDX representative of Kepri. As for the inflation data and the interest rate is obtained from Central bureau of Statistics and Bank Indonesia. The research results of the F test show a significant influence of the mean return on equity, earnings per share, inflation and interest rates simultaneously have a significant influence on stock prices so that the regression model contained in this study deserve to be studied. Partially by t test obtained the result that variable return on equity and earnings per share have a significant effect on stock prices, while variable inflation and interest rates do not significantly influence the stock price

scholarly journals The Effect of Debt to Equity Ratio and Return on Equity on Stock Return with Dividend Policy as Intervening Variables in Subsectors Property and Real Estate on Indonesia Stock Exchange

2020 ◽  
Vol 7 (7) ◽  
pp. 255
Author(s):  
Dina Nurhikmawaty ◽  
Isnurhadi Isnurhadi ◽  
Marlina Widiyanti ◽  
Yuliani Yuliani
Keyword(s):  
Data Analysis ◽  
Real Estate ◽  
Path Analysis ◽  
Stock Returns ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Dividend Payout ◽  
Return On Equity ◽  
Equity Ratio

Debt to Equity Ratio (DER) and Return on Equity (ROE) to stock returns with dividend policy as an intervening variable on property and real estate companies listed on the Indonesia Stock Exchange in 2014-2018. This type of research is quantitative. This research population publishes all property and real estate companies listed on the Indonesia Stock Exchange. The sampling technique used is purposive sampling. The data contributed to the research of 54 companies, and obtained a sample of 18 companies. Data analysis method used is path analysis (path analysis) using the multiple test. Based on the results of data analysis, it shows that: (1) Debt to Equity Ratio (DER) does not affect stock returns; (2) Return on equity (ROE) has a significant effect on stock returns; (3) Debt to Equity Ratio (DER) has a significant effect on Dividend Payout Ratio (DPR); (4) Return on equity (ROE) has a significant effect on Dividend Payout Ratio (DPR); (5) Dividend Payout ratio (DPR) can mediate the effect of Debt to Equity Ratio (DER) on stock returns; (6) Dividend payout ratio (DPR) can mediate the effect of return on equity (ROE) on stock returns.

scholarly journals The influence of monetary performance on stock return in consumer goods industry

2020 ◽  
Vol 9 (3) ◽  
pp. 39-50
Author(s):  
WINDARI CHRISTY NAINGGOLAN ◽  
Vincentia Wahju Widajatun
Keyword(s):  
Consumer Goods ◽  
Stock Return ◽  
Return On Equity ◽  
Pooled Data ◽  
Sample Extraction ◽  
Measurement Tools ◽  
Equity Ratio ◽  
Consumer Goods Industry ◽  
Using Data ◽  
Company Sector

Instrument which conventionaly used to invest in a capital market is stock. Investor who invested in stocks wanted a certain level of profits from it, the profit from the result of the investment is called stock return. The increase or decreases of investors’ stock return acquisition were determined by monetary performance projected in the company monetary report. The purpose of this research is to discover the monetary performance of stock return on the category of consumer goods industry company in 2015-2018 periode using EPS (Earnings Per Share), ROE (Return on equity), and DER (Debt to equity ratio) as its measurement tools. The method used in this research is causal method with consumer goods industry company sector as its research object. Purposive sampling was used as research sample extraction and as a result, 14 companies were determined as data sample. The data were analyzed using classic assumption test (normality, multicollinearity dan heteroskedasticity). The samples were analyzed using data analysis panel or pooled data. From the result of the research it was determined that monetary performance projected in return on equity was significantly affected the stock return. As for the monetary performance projected in earning per share and debt to equity ratio, was partially insignificant to its effect on stock return. Both monetary performance projected in earning per share, return on equity and debt to equity ratio was significantly affected the stock return of consumer goods industry company in 2015-2018.  

scholarly journals PENGARUH CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER) DAN RETURN ON EQUITY (ROE) TERHADAP DIVIDEND PAYOUT RATIO (DPR) PADA PERUSAHAAN SEKTOR INDUSTRI BARANG KONSUMSI DI BURSA EFEK INDONESIA (BEI) TAHUN 2013 –2017

2019 ◽  
Vol 14 (1) ◽  
Author(s):  
Dianty Putri Purba ◽  
. Sheren ◽  
. Valent ◽  
. Angeline
Keyword(s):  
Hypothesis Testing ◽  
Consumer Goods ◽  
Stock Exchange ◽  
Current Ratio ◽  
Dividend Payout ◽  
Return On Equity ◽  
Multiple Regressions ◽  
Equity Ratio ◽  
Consumer Goods Industry

The objective of this study is to analyze the effect of current ratio (CR), debt to equity ratio (DER), and return on equity (ROE) to dividend payout ratio (DPR) on consumer goods industry listed in Indonesia Stock Exchange along period of 2013-2017. This study uses quantify method with explanatory approach. The sample of this study is 41 firms and conducts multiple regressions for hypothesis testing. This study shows that current ratio, debt to equity ratio, and return on equity simultaneously effect on dividend payout ratio for consumer goods industry listed in Indonesia Stock Exchange along period of 2013-2017 with result F=15,303. Partially, current ratio and debt to equity ratio are insignificant to dividend payout ratio while return on equity has significant and positive with result t =5,398. The determinant coefficient of 0,352 shows that CR, DER, and ROE can explain DPR for 35,2% while the rests or about 64,8% can be explained by other factors excluded for this study.

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