ANALISIS FAKTOR – FAKTOR YANG MEMPENGARUHI RETURN SAHAM

Kasus pada Perusahaan Manufaktur yang Go Public di BEI periode tahun 2005 - 2009

Abstract

Problems in the study of some previous studies showed inconsistent results, this
research was conducted to re-examine the influence of fundamental factors consisting
of return on assets (ROA), debt to equity ratio (DER), earnings per share (EPS), and
price to book value (PBV) together and partial effect on Stock Return manufacturing
companies in Indonesia Stock Exchange in 2005-2009.
The sample size used in this study was of 114 manufacturing companies went public on
the Stock Exchange with the determination of the sample using purposive sampling. The
type of data using secondary data using documentation.
Return on assets (ROA) has no significant effect on stock return manufacturing
companies listed on the Indonesia Stock Exchange. Debt to equity ratio (DER) has a
significant influence on stock return manufacturing companies listed on the Indonesia
Stock Exchange. Earning per Share (EPS) has no significant effect on stock return
manufacturing companies listed on the Indonesia Stock Exchange. Price to book value
(PBV) has a significant influence on stock return manufacturing companies listed on
the Indonesia Stock Exchange. Taken together (simultaneously) return on assets, debt
to equity ratio, earnings per share and price to book value has a significant influence
on stock return manufacturing companies listed on the Indonesia Stock Exchange.
Keywords: Return on Assets, Debt To Equity Ratio, Earning Per Share, Price To Book
Value and Stock Return