PENGARUH RASIO KEUANGAN DAN UKURAN PERUSAHAAN TERHADAP RETURN SAHAM PADA PERUSAHAAN FARMASI

Abstract

The purpose of this research is to find out and to analyze the influence of net profit margin, firm size, return on
equity, and earning per share to the stock return on the pharmaceutical companies in Indonesia Stock Exchange.
Quantitative paradigms is used in this research, and the population is all manufacturing companies in
pharmaceutical sector which are listed in Indonesia Stock Exchange during 5 year period from 2009 to 2013 and
10 manufacturing companies in pharmaceutical sectors have been selected as samples. The sample collection
technique has been carried out by using saturated sample technique so 8manufacturing companies in
pharmaceutical sector which are listed in Indonesia Stock Exchange during 5 year period 2009 to 2013 have been
selected as sample. The multiple linier regressions are used as the data analysis technique Based on the result of
feasibility model test, it shows that the regressions model which has been generated is feasible and it can be used
for next analysis. Based on the result of the hypothesis test, that firm size, return on equity and earning pershare
variables have significant influence to the stock return. Meanwhile, the net profit margin variable has
insignificant influence to the stock return.
Keywords: financial ratio, firm size, and stock return.