PENGARUH RETURN ON ASSET, EARNING PER SHARE, DAN DEBT TO EQUITY RATIO TERHADAP RETURNS SAHAM PADA PERUSAHAAN ASURANSI YANG TERDAFTAR DI BEI

Abstract

This research aims to test and determine the influence of return on assets (ROA), earnings per share (EPS) and debt to equity ratio (DER) to stock returns on insurance companies which listed on the Indonesia Stock Exchange 2012-2016 period. The population in this research consists of 12 insurance companies which listed on the Indonesia Stock Exchange 2012-2016 period. Sampling technique used in this research is purposive sampling based on criteria that have been determined by the researchers then obtained sample of 10 insurance companies. Data source in this research is secondary data. Analytical techniques used were multiple linear regression analysis, classical assumption test, and model feasibility test and hypothesis test (t test) using SPSS 20 application tool. Based on the result of hypothesis testing (t test) it is known that return on asset (ROA) and debt to equity ratio (DER) have no significant influence on stock returns in insurance company. While earnings per share (EPS) have a significant positive influence on stock returns on insurance companies.
Keywords: profitability, market ratios, leverage, and stock returns.