scholarly journals Comparison of the Dominance of Internal and External Influences on the Return of Shares of Companies Listed in IDX30

2021 ◽  
Vol 4 (1) ◽  
pp. 16
Author(s):  
Hutama Sanputra Arifin ◽  
Tri Ramaraya Koroy ◽  
Gemi Ruwanti ◽  
Zainal Arifin
Keyword(s):  
Economic Growth ◽  
Stock Returns ◽  
Quantitative Methods ◽  
Environmental Changes ◽  
Financial Analysis ◽  
Stock Exchange ◽  
Secondary Data ◽  
Share Price ◽  
Return On Equity ◽  
High Level

<p><em>This study aims to determine the comparison of external and internal influences on stock returns on the Indonesia Stock Exchange. The research method uses quantitative methods from secondary data of financial analysis on 16 companies from 30 companies on the IDX Index that have a high level of liquidity and have a large capitalization selected by the IDX (Indonesia Stock Exchange) with several selection criteria, the selection is carried out by the IDX regularly 2 times every year, namely in February and August. from 2014-2018 and data from Bank Indonesia on economic growth and inflation in the same year. </em><em>The data analysis technique used</em><em> </em><em>multiple regression. </em><em>The results show that the influence of external factors in the form of economic growth and inflation is more dominant than the company's internal factors in the form of DY (Dividend Yield), EPS (Earning Per Share), ROE (Return On Equity), PER (Price Earning Ratio) affect stock returns. </em><em>Implementation for companies that go public needs to pay attention to the dynamics of environmental changes, especially the inflation rate which can cause investors to sell their shares, while this phenomenon is an opportunity for some investors to get a cheaper share price than many other investors have released.</em></p>

scholarly journals Pengaruh Return On Assets, Return On Equity, Debt To Equity Ratio, Inflasi, Dan Suku Bunga Terhadap Return Saham Pada Perusahaan Manufaktur Di Bursa Efek Indonesia (Studi Empiris Pada Perusahaan Secondary Sectors Periode 2010-2015)

2018 ◽  
Vol 6 (1) ◽  
pp. 063-076
Author(s):  
Ningsih Hikmawati ◽  
Adi Wiratno ◽  
Suyanto . ◽  
Darmansyah .
Keyword(s):  
Interest Rate ◽  
Stock Returns ◽  
Stock Return ◽  
Quantitative Methods ◽  
Stock Exchange ◽  
Secondary Data ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Return On Equity ◽  
Equity Ratio

This study is aimed to ascertain and analyse the influence of return on assets, return on equity, debt to equit ratio, inflation, and interest rate, both partiall and simultaneously on the stock returns in manufacturing companies of secondary sectors listed in the Indonesian Stock Exchange. This research uses quantitative methods and EVIEWS panel 8 to analyse the regression. The population are manufacturing companies of secondary sector listed in the Indonesian Stock Exchange consisted of basic and chemical sectors, miscellaneous industry, and consumer goods sector in the period of 2010-2015. The sampling method used is pusposive sampling with the final number of 40 companies. The research required secondary data. The results show that return on assets has no negative effect on stock return, mean while, return on equity and interest rate have positive effect on stock return. Return on assets, return on equity, debt to equity ratio, inflation and interest rate all simultaneously have effect on stock returns.

scholarly journals PENGARUH EARNING PER SHARE, PRICE TO BOOK VALUE, RETURN ON ASSET, DAN RETURN ON EQUITY TERHADAP HARGA SAHAM SEKTOR KEUANGAN

2017 ◽  
Vol 13 (2) ◽  
pp. 191
Author(s):  
Yustina Wahyu Cahyaningrum ◽  
Tiara Widya Antikasari
Keyword(s):  
Stock Price ◽  
Stock Exchange ◽  
Research Result ◽  
Secondary Data ◽  
Share Price ◽  
Asset Return ◽  
Return On Equity ◽  
Book Value ◽  
Purposive Sampling ◽  
Finance Company

Abstrak: Pengaruh Earning Per Share, Price to Book Value, Return on Asset, dan Return on Equity Terhadap Harga Saham Sektor Keuangan. Penelitian ini mempunyai tujuan untuk mengetahui pengaruh Earning Per Share (EPS), Price to Book Value (PBV), Return on Asset (ROA), Return on Equity (ROE) secara simultan maupun parsial terhadap harga saham pada perusahaan sektor keuangan yang terdaftar di Bursa Efek Indonesia tahun 2010-2014. Penelitian ini menggunakan data sekunder berupa laporan keuangan tahunan yang diperoleh dari ICMD dan sumber pendukung yang lain. Teknik pengambilan sampel diambil dengan metode purposive sampling sebanyak 237 perusahaan sektor keuangan dari 255 perusahaan yang terdaftar di ICMD. Data dianalisis dengan analisis regresi linier berganda. Hasil penelitian menunjukkan bahwa variabel EPS, PBV, ROA, dan ROE tahun 2010-2014 secara simultan dan parsial mempunyai pengaruh positif terhadap variabel harga saham. Kata Kunci: Earning Per Share, Price to Book Value, Return on Asset, Return on Equity, Harga Saham Abstract: The Influence of Earning Per Share, Price to Book Value, Return on Asset, and Return on Equity to Stock Price in Finance Company. The research purpose is to examine the influence of EPS, PBV, ROA and ROE to stock price simultaneously or partially in finance sector companies listed on Indonesia Stock Exchange (BEI) in 2010-2014. The research using secondary data based on the annual report taken from Indonesia Capital Market Directory and Indonesia Stock Exchange and other support sources. This study uses purposive sampling and 237 of 255 finance sector companies listed in ICMD used as the sample. This research uses multiple regression analysis. The research result shows that EPS, PBV, ROA, and ROE in 2010-2014 simultaneous and partially positive significantly affected by the stock price. Keyword: Earning Per Share, Price to Book Value, Return on Asset, Return on Equity, Stock Price.

scholarly journals Determinants of Share Price of Listed Firms in Ghana

2021 ◽  
Vol 2021 (1) ◽  
pp. 57-71
Author(s):  
Alhassan Musah ◽  
Margaret Aryeetey
Keyword(s):  
Economic Growth ◽  
Interest Rate ◽  
Financial Institution ◽  
Stock Exchange ◽  
Share Price ◽  
Return On Equity ◽  
Macroeconomic Variables ◽  
Listed Firms ◽  
Earnings Per Share ◽  
Ghana Stock Exchange

The price of a company’s share represents investors’ confidence in the future profitability of the company and also used to represent the value of shareholders’ wealth The study examined factors that influence share price of firms listed on the Ghana stock Exchange. The study specifically examined firm specific factors, book ratios and macroeconomic factors that influence share price of listed firms in Ghana. The firm-specific variables include firm size and the firm being a financial institution. The book ratios used in the study include earnings per share, debt ratio, return on assets, return on equity and dividend per share. The macroeconomic variables include economic growth, inflation rate and interest rate. The study sampled 21 firms over a 10-year period, from 2009 to 2018. The study used descriptive statistics, correlation analysis and panel regression analysis to achieve the objectives of the study. The results of the study show that firm-specific variables such as firm size and the firm being financial institution were positive and statistically significant determinants of share price of listed firms in Ghana. The book ratios of debt to asset ratio, return on asset and return on equity were statistically insignificant association with share price of firms listed on the Ghana Stock Exchange. Other book ratios, such as earnings per share and dividend per share, were positively associated and statistically significant with share price of the sampled firms listed on the Ghana Stock Exchange. On the macroeconomic variables, only economic growth was positively associated with share price and statistically significant at 10% significance level. The other variables – inflation and interest rate – were statistically insignificant. The results show that book or investment ratios are the main determinants of share price for firms listed on the Ghana Stock Exchange.

scholarly journals PENGARUH KEBIJAKAN DIVIDEN, LEVERAGE PERUSAHAAN DAN PROFITABILITAS TERHADAP RETURN SAHAM

2018 ◽  
Vol 11 (2) ◽  
pp. 32-37
Author(s):  
Raisa Fitri
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Stock Returns ◽  
Quantitative Methods ◽  
Sampling Method ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Return On Equity ◽  
Equity Ratio

This research aimed to analyze the influence the dividend policy proxied by Dividend Payout Ratio (DPR), leverage the company proxied by Debt to Equity Ratio (DER) and profitability proxied by Return On Equity (ROE) to return stock in companies manufacturing sub-sectors of the food and drinks listed in Indonesia Stock Exchange period 20013-2015. This study uses quantitative methods. The sampling technique used purposive sampling method and selected according to established criteria. Model analysis used multiple linear regression. From the analysis of the following results, dividend policy (DPR), the company's leverage (DER), profitability (ROE) either partially or simultaneously has no effect on stock returns

Pengaruh Net Profit Margin, Earning Per Share, Return On Equity, Price Earning Ratio, dan Debt To Equity Ratio terhadap Harga Saham

2016 ◽  
Vol 7 (2) ◽  
pp. 53-74
Author(s):  
Mentari Risdanya ◽  
Zaroni Zaroni
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
Total Sample ◽  
Profit Margin ◽  
Share Price ◽  
Return On Equity ◽  
Analysis Technique ◽  
Net Profit ◽  
Equity Ratio ◽  
Equity Price

This study aims to determine whether Net Profit Margin (NPM), Earning Per Share (EPS), Return On Equity (ROE), Price Earning Ratio (PER), and Debt to Equity Ratio (DER) have significant influence towards share price. The object of this research are companies in the field of property and real estate companies listed on the Indonesia Stock Exchange (IDX) in 2011-2013. Data collection methods used are secondary data from the annual financial statements. Sampling was done by using purposive sampling method, and the total sample used were 26 companies, the number of observed data 78 data. The data analysis technique used in this study is multiple regression analysis. The results of this study are (1) Net Profit Margin (NPM), Return On Equity (ROE), and Price Earning Ratio (PER) have no significant effect towards share price (2) Earning Per Share (EPS) and Debt to Equity Ratio (DER) have a significant effect towards share price. Keywords: Net Profit Margin, Earning Per Share, Return On Equity, Price Earning Ratio, Debt to Equity Ratio, Share Price.

scholarly journals ANALISIS PENGARUH EARNING PER SHARE, DEBT TO EQUITY RATIO, PRICE EARNING RATIO DAN RETURN ON EQUITY TERHADAP HARGA SAHAM PERUSAHAAN KABEL PADA BURSA EFEK INDONESIA

2014 ◽  
Vol 4 (1) ◽  
pp. 25
Author(s):  
Didik Apriyansyah ◽  
Dyah Fitriani
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Secondary Data ◽  
T Test ◽  
Share Price ◽  
Coefficient Of Determination ◽  
Test Analysis ◽  
Significance Level ◽  
Return On Equity ◽  
Equity Ratio

This research aims to find out whether there is an effect of Earning Per Share (EPS), Debt to Equity Ratio (DER), Price Earning Ratio (PER), and Return On Equity (ROE) against the cable company’s share price listed on the Indonesia Stock Exchange period 2005-2009. While the types of data used are secondary data with a sample of 5 of 6 populations of the company. Sampling was purposive sampling. Data analysis tools used in this study is the multiple linear regression using a significance level of 0.05, test analysis T-test and analysis of the coefficient of multiple determination (R2). From the test results obtained by T-test significant value variable earnings per share have significant effect on stock prices, while the variable debt to equity ratio, price earnings ratio and return on equity does not have a significant influence to share price cable companies listed in Indonesia Stock Exchange (BEI in the period 2005-2009. The results of coefficient of determination (R2) obtained the value R Square of 0.423.

scholarly journals Pengaruh ROA, ROE Dan NIM Terhadap Return Saham Bank BUMN

2020 ◽  
Vol 17 (2) ◽  
Author(s):  
Aam Abdul Salam ◽  
Vivin Rahmawati ◽  
Widya Marviani ◽  
Iskandar Ahmaddien
Keyword(s):  
Linear Regression ◽  
Stock Returns ◽  
Statistical Methods ◽  
Stock Exchange ◽  
Share Price ◽  
Return On Assets ◽  
Return On Equity ◽  
Net Interest Margin ◽  
Data Source ◽  
Interest Margin

AbstractFrom this research aims to find out return on assets, return on equity and net interest margin that affect simultaneously or in part against the share price on the Indonesia Stock Exchange.This research is a comparative causal data source used from bank aunual reports 2015 to 2019 from the Indonesia Stock Exchange. According to the criteria in this study, the sample is 4 i.e. state-owned banks. To analyze models and test research hypotheses, we used several statistical methods of linear regression analysis.Based on the results of hypothetical research and tests, we can conclude as follows:1) ROA, ROE and NIM have a significant effect on stock returns.2) ROA and ROE ratios, partially affecting stock returns, while NIM ratios have been shown to have no affect.

scholarly journals Arbitrage Pricing Theory Model Application on Tobacco and Cigarette Industry in Indonesia

2019 ◽  
Vol 3 (2) ◽  
pp. 179
Author(s):  
Sakina Ichsani ◽  
Neneng Susanti ◽  
Agatha Rinta Suhardi
Keyword(s):  
Economic Growth ◽  
Exchange Rates ◽  
Stock Returns ◽  
Quantitative Methods ◽  
Stock Exchange ◽  
Theory Model ◽  
Arbitrage Pricing Theory ◽  
Arbitrage Pricing ◽  
Cigarette Industry ◽  
Pricing Theory

The purpose of this study was to applicant the Arbitrage Pricing Theory model in the tobacco and cigarette industry listed on the IDX. The APT model in this study uses macroeconomic variables consisting of exports, inflation, exchange rates, GDP and economic growth. Object of this research is companies listed on the Indonesia Stock Exchange in the period 2012-2017 using monthly periods, which is Gudang Garam Tbk., Handjaya Mandala Sampoerna Tbk., and Bentoel International Investama Tbk. This study uses quantitative methods and analysis will be used with regression analysis methods and data processed using Eviews 10. The results of the study show that there are simultaneous effects between the variables of exports (X1), inflation (X2), exchange rates (X3), GDP (X4), and economic growth (X5) on stock returns (Y). There is a significant positive effect between economic growth on stock returns, while there is a significant negative effect between inflation on stock returns and GDP on stock returns. While exports do not affect the stock returns of the tobacco and cigarette industry as well as the exchange rate does not affect stock returns. Suggestions for investors are if investors are going to invest in the tobacco and cigarette industry, then investors should pay attention to the macroeconomic conditions that affect stocks, while for companies can minimize the risks that might occur through agreements between the destination countries for cigarette sales.

scholarly journals ANALISIS PENGARUH LIKUIDITAS, PROFITABILITAS DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP STOCK RETURNS

2019 ◽  
Vol 6 (2) ◽  
pp. 44-57
Author(s):  
Gusganda Suria Manda
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Returns ◽  
Stock Exchange ◽  
Secondary Data ◽  
Profit Margin ◽  
Return On Equity ◽  
Library Research ◽  
Net Profit ◽  
Corporate Social

This research is a quantitative research. The population in this study is companies owned by state-owned companies listed on the Indonesia Stock Exchange for the period 2013-2018, amounting to 20. Sample selection using purposive sampling techniques and obtained 16 companies as research samples. The type of data used is secondary data. The method of library research or library research and documentation is used as a data collection technique. Data analysis methods used in this research are descriptive statistical analysis, classic assumption test, and hypothesis testing. Data is processed with IBM SPSS Version 22.0 for windows. Based on the results of the study indicate that the variable Net Profit Margin, Return on Equity, and Corporate Social Responsibility have a significant and significant effect on stock returns. Meanwhile, the variable Return on Assets and Price Earning Ratio has no effect on stock returns. The value of the determinant coefficient (R2) produced was 0.444 or 44.4%. This shows that the Net Profit Margin, Return on Equity, and Corporate Social Responsibility variables affect the stock returns of state-owned enterprises listed on the Indonesia stock exchange in the 2013-2018 period that is equal to 44.4%, while the remaining 55.6% is influenced by variables other than research.

scholarly journals The Effect of Fundamental Factor Analysis on Blue Chips Stock Returns on the Indonesia Stock Exchange

2021 ◽  
Vol 4 (2) ◽  
pp. 43-52
Author(s):  
Putri Rosarindah Lubis
Keyword(s):  
Stock Returns ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Profit Margin ◽  
Dividend Payout ◽  
Return On Equity ◽  
Book Value ◽  
Net Profit ◽  
Equity Ratio

The purpose of this study was to determine the effect of fundamental analysis consisting of price earning ratio, net profit margin, price to book value, return on equity, debt to equity ratio, and dividend payout ratio on stock returns on blue chips on the Indonesia Stock Exchange. The research method used is multiple linear regression analysis method, and hypothesis testing is done by testing the significance of the effect simultaneously (simultaneously) using the F-test and testing the significance of the partial effect using the t-test. This study uses secondary data in the form of financial statements of companies listed in blue chips on the Indonesia Stock Exchange in 2005–2007. The results showed that simultaneously (simultaneously) operational effectiveness (price earning ratio, net profit margin, price to book value, return on equity, debt to equity ratio, and dividend payout ratio) have a significant effect on stock returns. Partially there is a negative and significant effect between the price earning ratio on stock returns. Partially there is no significant effect between net profit margin on stock returns. Partially there is no significant effect between price to book value on stock returns. Partially there is a positive and significant effect between return on equity on stock returns. Partially there is a positive and significant effect between debt to equity ratio on stock returns. Partially there is a positive and significant effect between the dividend payout ratio on stock returns.

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