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 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 INTERAKSI KINERJA KEUANGAN PERBANKAN DAN TATA KELOLA DALAM MENINGKATKAN RETURN SAHAM

SIMAK ◽  
2021 ◽  
Vol 19 (01) ◽  
pp. 69-100
Author(s):  
Ina Marice ◽  
Fransiskus E. Daromes ◽  
Suwandi Ng
Keyword(s):  
Corporate Governance ◽  
Regression Analysis ◽  
Linear Regression ◽  
Hypothesis Testing ◽  
Multiple Linear Regression ◽  
Stock Returns ◽  
Sampling Method ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
The Relationship

This research was conducted to investigate the effect of banking performance on stock returns as moderated by corporate governance. The population used in the study were all banks listed on the IDX for the period 2015-2019. The sample in this study were 30 banks selected using purposive sampling method. The analysis was carried out with the help of SPSS 25 and hypothesis testing using multiple linear regression analysis and moderating regression analysis (MRA). The results of this study indicate that banking performance in the form of LDR, CAR, and ROA partially and simultaneously affects stock returns, NPL partially and simultaneously has no effect on stock returns, governance is able to moderate the relationship between LDR, CAR, and ROA on stock returns, but unable to moderate the relationship between NPL and stock returns.

scholarly journals The Effect of Company Growth on Firm Value with Debt Policy as Moderation in Service Sector Industries

2020 ◽  
Vol 8 (8) ◽  
pp. 445-453
Author(s):  
Muhammad Syahrial Syahrial ◽  
Yuliansyah Yuliansyah ◽  
Sudrajat Sudrajat
Keyword(s):  
Regression Analysis ◽  
Firm Value ◽  
Service Sector ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Revenue Growth ◽  
Asset Growth ◽  
The Relationship

This research aims to analyze the effect of asset growth, revenue growth on Firm value, and moderated by leverage. The population in this study is non-banking service companies listed on the Indonesia Stock Exchange in the period 2014 - 2018.Sampling in this study uses a purposive sampling method which produces as many as 55 research samples. The data used in this study are secondary data. The analysis technique uses multiple linear regression analysis and moderated regression analysis using the classic assumption test. Test result shows (i)assets growth has a positive significant effect on firm value, (ii)revenue growth does not affect firm value, (iii)As for moderation, leverage strengthens the effect of the relationship between asset growth and firm value, (iv)However, leverage weakens the relationship between revenue growth and firm value.

scholarly journals FAKTOR – FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN DAN RETURN SAHAM

2020 ◽  
Vol 9 (2) ◽  
pp. 150-159
Author(s):  
Ryan Ryangga ◽  
Yuli Chomsatu S ◽  
Suhendro Suhendro
Keyword(s):  
Regression Analysis ◽  
Linear Regression ◽  
Stock Returns ◽  
Firm Size ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis

This study aims to examine the effect of profitability on firm value and stock returns, liquidity on firm value and stock returns, and firm size on firm value and stock returns. This research uses data from 4 automotive companies. and components listed on the Indonesia Stock Exchange during the period 2009 to 2018 using multiple linear regression analysis. The sampling technique was using purposive sampling method. The results showed that profitability using ROA and firm size has an effect on firm value. Profitability with ROA and ROE proxies has an effect on stock returns. ROE and liquidity have no effect on firm value. Liquidity and firm size have no effect on stock returns.

scholarly journals PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, DAN NET PROFIT MARGIN TERHADAP RETURN SAHAM PADA PERUSAHAAN KOSMETIK DAN BARANG KEPERLUAN RUMAH TANGGA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012-2017

2020 ◽  
Vol 8 (2) ◽  
pp. 234
Author(s):  
Nalindri Arin Fatansiru ◽  
Candra Vionela Merdiana
Keyword(s):  
Regression Analysis ◽  
Stock Returns ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Profit Margin ◽  
Current Ratio ◽  
Net Profit ◽  
Equity Ratio

This study aims to analyze the effect of Current Ratio, Debt toEquity Ratio, and Net Profit Margin on stock returns of case studies in companies cosmetics and household goods listed on the Indonesia Stock Exchange period 2012-2017 Independent variables used in this study are Current Ratio, Debt to Equity Ratio, and Net Profit Margin while the dependent variable is stock returns. The population in this study is all cosmetics and household goods companies for the period 2012-2017. Based on the purposive sampling method obtained 5 samples. Data type used is secondary data. Data obtained by the method of documentation. The analysis technique used is the Panel Data Regression Analysis. The results of multiple linear regression analysis with a significant level of 5%, then it can concluded that the first hypothesis Current Ratio of 0.02 has a negative effect and significant towards stock returns, the second hypothesis is Debt to Equity Ratio of 0.90 positive and not significant effect on stock returns, the third hypothesis is Net Profit Margin of 0.08 has no effect on stock returns, hypotheses fourth, Current Ratio, Debt to Equity Ratio, and Net Profit Margin of 0.015726 simultaneously affect stock returns.

scholarly journals Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, Likuiditas dan Sales Growth terhadap Kebijakan Dividen (Studi Empiris pada Perusahaan LQ45 Yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2018)

2020 ◽  
Vol 20 (3) ◽  
pp. 814
Author(s):  
Arifa Nur Azizah ◽  
Riana R Dewi ◽  
Purnama Siddi
Keyword(s):  
Regression Analysis ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Test Method ◽  
Company Size ◽  
Sales Growth

This study aims to examine and analyze the effect of company size, profitability, leverage, liquidity and sales growth on dividend policy on LQ45 companies listed on the Indonesia Stock Exchange in 2016-2018. The population of this study is all companies belonging to the LQ45 index listed on the Indonesia Stock Exchange in 2016-2018. The use of samples in research using Purposive Sampling with certain criteria in order to obtain 66 data samples to be studied. The data used are secondary data sourced from financial statements. This research uses Multiple Linear Regression Analysis Test method. From these tests it can be seen that Company Size, Profitability and Leverage affect Dividend Policy. While Liquidity and Sales growth does not affect the Dividend Policy in LQ45 Companies in 2016-2018.

scholarly journals Investment Opportunity Set sebagai Pemoderasi Pengaruh Profitabilitas, Kepemilikan Manajerial, dan Ukuran Perusahaan terhadap Kebijakan Utang

2021 ◽  
Vol 7 (1) ◽  
pp. 23-32
Author(s):  
Suriani Ginting ◽  
Seti Eli Larosa ◽  
Sonya Enda Natasha S Pandia
Keyword(s):  
Regression Analysis ◽  
Firm Size ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Absolute Difference ◽  
Managerial Ownership ◽  
Investment Opportunity ◽  
Investment Opportunity Set ◽  
The Relationship ◽  
Debt Policy

This research aims to determine and analyze the influence of Profitability, Managerial Ownership, Firm Size in Debt Policy with Investment Opportunity Set as a moderating variable. The populations in this research were 177 companies. The sampling method in this research was purposive sampling and obtained 19 sample companies. Analysis of data method used multiple linear regression analysis and regression analysis moderating variable with absolute difference value method.The result of analysis shows that simultaneously Profitability, Managerial Ownership, Firm Size have a significant effect on Debt Policy. Partially, Profitability, Managerial Ownerdhip have a significant effect on Debt Policy. While Firm Size have a not significant on Debt Policy. And Investment Opportunity Set is not able to moderate the relationship between Profitability, Managerial Ownership, and Firm Size

scholarly journals The effect of R&D intensity, intellectual capital and managerial ability on firms performance with political connection as a moderation variable

2020 ◽  
Vol 10 (1) ◽  
Author(s):  
Intansari Dewiruna ◽  
Bambang Subroto ◽  
Imam Subekti
Keyword(s):  
Regression Analysis ◽  
Empirical Evidence ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Political Connection ◽  
Managerial Ability ◽  
Relationship Of ◽  
The Relationship

This study aims to examine and analyze the effect of Research and Development intensity, intellectual capital, and managerial ability on firms’ performance both directly and moderated by political connection. This study uses manufacturing sector firms listed on the Indonesia Stock Exchange which were selected using the purposive sampling method, with a total of 119 data observations (2013 - 2017) and using a quantitative approach. This study uses multiple linear regression analysis and hierarchical regression analysis. The results of the study prove empirically that the intensity of R&D can improve firms' performance and political connection can increase the relationship of Reseach and development intensity with firms' performance. The results of empirical evidence show that firms' performance can be improved through intellectual capital, but the political connection cannot strengthen or weaken the relationship of intellectual capital to firms' performance. Meanwhile, the empirical evidence of this study related to managerial ability is not able to improve the firms’ performance and political connection cannot strengthen or weaken the relationship of managerial ability to firms’ performance.

scholarly journals Pengaruh Intensitas Pengungkapan dalam Sustainability Report dan Return On Asset pada Return Saham

2019 ◽  
Vol 28 (3) ◽  
pp. 1934
Author(s):  
I Kadek Bayu Putra Nusantara ◽  
I Made Mertha
Keyword(s):  
Stock Returns ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Analysis Technique ◽  
Research Population ◽  
Sustainability Reports ◽  
The Relationship ◽  
Sustainability Report

The research population is all companies listed on the Indonesia Stock Exchange (IDX) from 2014 to 2017 that issued sustainability reports. The sample is determined by purposive sampling technique with criteria that do not include financial companies and companies that publish sustainability reports for the 2014-2017 period in a row to obtain a sample of 15 companies. The analysis technique used is Multiple Linear Regression Analysis. The results of the analysis show that there is no influence between the relationship between the intensity of disclosure in the sustainability report on stock returns while. Tests on the second hypothesis get the result that there is an influence between the relationship of return on assets to the stock returns that the company will receive. Investors in investing in the capital market are expected to pay attention to conditions in the company such as ROA in order to get the desired stock return. Keywords : Sustainability report, asset returns, stock returns.

PENGARUH DEBT TO EQUITY RATIO , NET PROFIT MARGIN DAN EARNING PER SHARE TERHADAP HARGA SAHAM PT MANDOM INDONESIA Tbk

2017 ◽  
Vol 5 (3) ◽  
Author(s):  
Herry Winarto ◽  
Istiqomah Istiqomah
Keyword(s):  
Regression Analysis ◽  
Stock Price ◽  
Stock Exchange ◽  
Investment Decision ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Profit Margin ◽  
Net Profit ◽  
Equity Ratio ◽  
The Relationship

In investing, investors should be able to determine what investment goals will be done. The investment decision in question is the decision to buy, sell, or retain ownership of shares. This study aims to analyze the effect simultaneously between Debt to Equity Ratio (DER), Net Profit Margin (NPM) and Earning Per Share (EPS) on Stock Price, analyze partially influence between Debt to Equity Ratio (DER) to Stock Price and Analyze the partial influence between Net Profit Margin (NPM) on Stock Price and to analyze the partial influence between Earning Per Share (EPS) on Stock Price at PT Mandom Indonesia Tbk in Indonesia Stock Exchange. The analytical method used multiple linear regression analysis with the help of SPSS version 20. The result of research shows that the relationship between Debt to Equity Ratio (DER), Net Profit Margin (NPM) and Earning Per Share (EPS) to stock price is very strong and positive, partially closeness relationship between Debt to Equity Ratio (DER) to the stock price is very strong and positive. Partially it can be seen that the closeness of relationship between Net Profit Margin (NPM) to stock price is low and positive, and partially closeness relationship between Earning Per Share (EPS) The stock is moderate and positive

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