Faktor fundamental keuangan dan return saham :: Studi empiris di Bursa Efek Indonesia

SEGARA, Gita, Eduardus Tandelilin, Prof., Dr., MBA

2009 | Tesis | S2 Magister Manajemen

Tujuan dari penelitian ini adalah untuk menguji pengaruh rasio keuangan yakni liquidity ratio, activity ratio, debt management ratio, profitability ratio dan market value ratio terhadap return saham yang terdapat di Bursa Efek Indonesia (BEI). Penelitian ini menggunakan 30 sampel perusahaan dari tahun 2006 – 2007. Pengujian dengan menggunakan analisis regresi membuktikan bahwa current ratio, quick ratio, debt to asset ratio, debt to equity ratio, net profit margin, dan return on assets berpengaruh terhadap return saham.

The objective of this research was to investigate the influence of financial ratios to stock return in Indonesian Stock Exchange. Those financial ratios are liquidity ratio, activity ratio, debt management ratio, profitability ratio, and market value ratio. This research used 30 samples of stock from 2006 until 2007. The investigation was using regression analysis and showed that current ratio, quick ratio, debt to asset ratio, debt to equity ratio, net profit margin, and return on assets influenced stock return.

Kata Kunci : Saham,Return,Bursa efek indonesia,Analisis regresi,Liquidity ratio, stock, return, Indonesian Stock Exchange, regression analysis, liquidity ratio, activity ratio, debt management ratio, profitability ratio, market value ratio, current ratio, quick ratio,