PENGARUH KINERJA KEUANGAN TERHADAP RETURN SAHAM PERUSAHAAN MANUFAKTUR

Abstract

This research is aimed to test the influence of return on asset (ROA), return on equity (ROE), and net profit margin
(NPM) to the stock return at manufacturing company which is listed in Indonesia Stock Exchange (IDX) in 20122015

periods. The population of this research is obtained by using purposive sampling method in manufacturing
company which is listed in Indonesia Stock Exchange (IDX) in 2012-2015 periods and based on the criteria 8
manufacturing companies have been obtained as samples. The data analysis method has been carried out by using
multiple linear regressions analysis with the application instrument of SPSS (statistical product and service
solutions). The research result shows that the variable of return on equity (ROE) and net profit margin (NPM) does
not have any significant and negative to the stock return. The research result shows that simultaneously return on
asset (ROA), return on equity (ROE) and net profit margin (NPM) have significant influence to the stock return.

Keywords: return on asset, return on equity, net profit margin, stock return.