PENGARUH KINERJA KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN FOOD AND BEVERAGE

Abstract

This research studies the influence of financial performance to the stock return on the food and
beverages companies which are listed in Indonesia Stock Exchange (IDX) in the years of 2010-2012.
This research is meant to find out the influence of financial performance to the stock return. The
purposive sampling method has been used as the sample collection method and 13 of 16 companies
which are listed in Indonesia Stock Exchange in the years of 2010-2012 have been selected as research
samples. The dependent variable in the research is stock return variable, whereas Current Ratio, Debt
to Equity Ratio, Return on Asset, and Total Asset Turnover variables are used as the independent
variables of the research. The multiple regressions analysis is used as the data analysis method. The
result of the research shows that simultaneously Current Ratio, Debt to Equity Ratio, Return on
Asset, Total Asset Turnover variables have significant influence to the stock return. Partially current
ratio variable has significant influence to the stock return, meanwhile Debt to Equity Ratio, Return
on Assets, Total Asset Turnover does not have any significant influence to the stock return.
Keywords: Current Ratio, Debt to Equity Ratio, Return on Asset, Total Asset Turnover and Stock
Return.